Overview
What is Philadelphia Green Capital Corp?
Philadelphia Green Capital Corp is a nonprofit organization that serves Philadelphia, aiming to establish a thriving, fair market for clean energy. They collaborate with various financial entities, including public, private, and philanthropic ones, to accomplish this goal. The organization closely aligns with the Philadelphia Energy Authority and addresses the city's climate change issues. In September 2021, Philadelphia Green Capital Corp introduced two innovative financing schemes for improving energy efficiency and solar energy in multifamily and nonprofit buildings. Furthermore, they initiated a solar renewable energy credit donation program. The corporation's primary objective is to foster a sustainable and inclusive clean energy environment in Philadelphia.
Official website here: www.phillygreencapital.org
Is Philadelphia Green Capital Corp legitimate?
Philadelphia Green Capital Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Green Capital Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $172,724
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,597
For more financial information, click here
Official website here: www.phillygreencapital.org
What is the mission statement of Philadelphia Green Capital Corp?
Philadelphia Green Capital Corporation's mission is to facilitate access to capital for clean energy projects, drawing from both public, private, and philanthropic resources. This mission is driven by the aim to foster a thriving, equitable market for clean energy. The corporation supports the Philadelphia Energy Authority and addresses local challenges related to climate change. In September 2021, Philadelphia Green Capital Corporation introduced two new financing options for energy efficiency and solar energy in multifamily and nonprofit properties. Furthermore, they initiated a solar renewable energy credit donation program.
Official website here: www.phillygreencapital.org
What is the revenue of Philadelphia Green Capital Corp?
Philadelphia Green Capital Corp's revenue in 2024 was $3,285,148.
Official website here: www.phillygreencapital.org
Who are the executives of Philadelphia Green Capital Corp and what are their salaries?
The average compensation at Philadelphia Green Capital Corp during 2024 was $49,040. There are 8 employees and 7 volunteers at Philadelphia Green Capital Corp.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $210,801
- Other: $25,651
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $137,386
- Related: $0
- Other: $29,034
- Compensation: $112,221
- Related: $0
- Other: $15,703
Official website here: www.phillygreencapital.org
Where can I find the form 990 for Philadelphia Green Capital Corp?
Philadelphia Green Capital Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.phillygreencapital.org
Learn more at the official website: www.phillygreencapital.org
Mission Statement of Philadelphia Green Capital Corp
Philadelphia Green Capital Corp, in its mission, serves to bridge the gap between projects requiring capital and the necessary resources, drawing from public, private, and philanthropic funds. This nonprofit organization is dedicated to fostering a thriving, equitable market for clean energy in Philadelphia, addressing the local challenges posed by climate change. In September 2021, Philadelphia Green Capital Corp introduced two new financing options for energy efficiency and solar energy projects in multifamily and nonprofit properties. Furthermore, the organization initiated a solar renewable energy credit donation program. This multifaceted approach aims to bolster the use of clean energy, ultimately contributing to a more sustainable future.
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Impact
October, 2024
Philadelphia Green Capital Corp plays a crucial role in fostering a robust and equitable clean energy market in the city. By connecting various projects to capital from public, private, and philanthropic sources, it drives the development of sustainable energy solutions that address local challenges related to climate change.
The organization supports the Philadelphia Energy Authority and has made significant strides in recent years, notably launching two innovative financing products in September 2021 tailored for energy efficiency and solar energy specifically aimed at multifamily and nonprofit properties. These initiatives not only enhance energy accessibility but also promote environmental sustainability within the community.
Moreover, the introduction of a solar renewable energy credit donation program further amplifies its mission, encouraging community participation and investment in clean energy solutions. The overall impact of Philadelphia Green Capital Corp is evident in its dedication to creating a cleaner, more equitable future for Philadelphia, making strides in community improvement and environmental resilience.
This information is meant to be a general summary of Philadelphia Green Capital Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $53,166
- Gross Receipts: $3,285,148
Assets and Liabilities:
- Total Assets: $1,022,914
- Total Liabilities: $117,735
- Net Assets: $905,179
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUES
Revenue
$53,151
FISCAL AGENT FEE
Revenue
$15
Organization Details
Founding Year
2021
Principal Officer
Maryrose Myrtetus
Website
www.phillygreencapital.orgNTEE Category
Code: S40 - Community improvement
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