Overview
What is Coalition For Green Capital?
The Coalition For Green Capital D/B/A American Green Bank Consortium is a non-profit organization based in Washington, D.C., focused on combating climate change by accelerating investment in clean energy technologies. They take a comprehensive approach to clean energy investment, with a unique blend of expertise that sets them apart from other non-profit institutions and consultants. Key aspects of their approach include: 1. Developing and supporting new Green Banks, partnering with the private sector to finance clean energy projects worldwide. 2. Raising and deploying capital from a diverse range of sources, including foundations, impact investors, commercial lenders, and development institutions, to finance clean energy projects and support Green Bank operations. 3. Spurring expansion and growth within the Green Bank industry by serving as a thought leader, convener, and field catalyst. They do this through research, networking, events, and communication, as well as operating organizations like the American Green Bank Consortium and the Global Green Bank Network, which bring together Green Bank institutions. Their ultimate goal is to halt climate change and deliver a cleaner, better future by increasing investment and accelerating the construction of clean power. For over a decade, the Coalition For Green Capital has spearheaded the Green Bank movement, working at the federal, state, and local levels in the U.S. and countries around the world.
Official website here: www.coalitionforgreencapital.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Coalition For Green Capital D/B/A American Green Bank Consortium has achieved a commendable four-star rating from Charity Navigator, with an impressive score of 96% in accountability and finance. This high rating reflects the organization's strong commitment to transparency and effective financial management, highlighting its dedication to maintaining a responsible and ethical operational framework.
Strengths of the organization include a fully independent board, which enhances governance and oversight, and a solid program expense ratio of 88.35%, indicating that a significant majority of its funds are directed towards its programs. Additionally, the organization has robust policies in place, such as conflict of interest and whistleblower protections, which further emphasize its focus on accountability.
While the organization shows strong financial health, there are no noted limitations in the data provided. Overall, the Coalition For Green Capital exhibits a high level of performance in financial accountability, making it a trustworthy option for donors seeking impactful contributions to environmental initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Coalition For Green Capital legitimate?
Coalition For Green Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coalition For Green Capital 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: $101,468
Professional Fundraising Fees: $0
Other Salaries and Wages: $590,911
For more financial information, click here
Official website here: www.coalitionforgreencapital.com
What is the mission statement of Coalition For Green Capital?
The Coalition For Green Capital D/B/A American Green Bank Consortium is a non-profit organization with a mission to combat climate change by accelerating investment in clean energy technologies. They achieve this by advocating for, creating, and implementing green bank finance institutions. Green banks, a proven finance model, use public and philanthropic funds to mobilize private investment in renewable energy, energy efficiency, and other decarbonization technologies. For over a decade, the coalition has been leading the green bank movement, working at the federal, state, and local level in the U.S. and various countries worldwide. By increasing investment and accelerating the construction of clean power, the coalition is contributing to a cleaner, better future.
Official website here: www.coalitionforgreencapital.com
Who is the CEO of Coalition For Green Capital?
Reed Hundt is the Chief Executive Officer of Coalition For Green Capital. The CEO's salary of Coalition For Green Capital is $0 and their total compensation is $0.
Official website here: www.coalitionforgreencapital.com
What is the revenue of Coalition For Green Capital?
Coalition For Green Capital's revenue in 2022 was $1,953,396.
Official website here: www.coalitionforgreencapital.com
Who are the executives of Coalition For Green Capital and what are their salaries?
The average compensation at Coalition For Green Capital during 2022 was $76,931. There are 9 employees and 18 volunteers at Coalition For Green Capital.
Here are 17 key members and their salaries (Coalition For Green Capital's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $147,980
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- Other: $3,636
Official website here: www.coalitionforgreencapital.com
Where can I find the form 990 for Coalition For Green Capital?
Coalition For Green Capital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coalitionforgreencapital.com
Learn more at the official website: www.coalitionforgreencapital.com
Mission Statement of Coalition For Green Capital
The Coalition For Green Capital D/B/A American Green Bank Consortium is a non-profit organization with a mission to combat climate change. They strive to accelerate investment in clean energy technologies by advocating for, creating, and implementing green bank finance institutions. Green banks, a proven finance model, utilize public and philanthropic funds to mobilize private investment in renewable energy, energy efficiency, and other decarbonization technologies.
For over a decade, the Coalition For Green Capital has been at the forefront of the green bank movement, working at the federal, state, and local levels in the U.S. and globally. By increasing investment and expediting the construction of clean power, they are working towards delivering a cleaner, better future. Their efforts are instrumental in helping to halt climate change and pave the way for a sustainable energy future.
The Coalition For Green Capital's mission is to halt climate change by accelerating investment in clean energy technologies. They achieve this by creating and implementing green bank finance institutions, which in turn, mobilize private investment in renewable energy, energy efficiency, and other decarbonization technologies. Their work is essential in the fight against climate change, as they strive to create a cleaner, more sustainable future for all.
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Impact
June, 2024
The Coalition For Green Capital D/B/A American Green Bank Consortium has had a significant impact in halting climate change by accelerating investment in clean energy technologies. Through their unique expertise and approach to establishing new green banks, CGC has been instrumental in creating national, regional, and local green banks that finance clean energy projects in partnership with the private sector. They have successfully raised and deployed capital to finance clean energy projects and support green bank operations, connecting various stakeholders such as foundations, impact investors, commercial lenders, and development institutions.
Furthermore, CGC serves as a thought leader, convener, and field catalyst for green banks, supporting the growth of a robust industry through research, networking, events, and communication. Operating the American Green Bank Consortium and the Global Green Bank Network, they have played a key role in convening green bank institutions and promoting the adoption of green bank finance models worldwide.
Overall, CGC's work has contributed significantly to increasing investment in clean power and accelerating the transition to a cleaner, better future by mobilizing private investment in renewable energy, energy efficiency, and other decarbonization technologies.
This information is meant to be a general summary of Coalition For Green Capital. 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 2022.
- Program Service Revenue: $471,865
- Gross Receipts: $1,953,396
Assets and Liabilities:
- Total Assets: $1,032,134
- Total Liabilities: $481,437
- Net Assets: $550,697
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICE INCOM
Revenue
$471,865
Organization Details
Founding Year
2012
Phone
(202) 618-2409Principal Officer
Reed Hundt
Main Address
1201 CONNECTICUT AVE NW 600, WASHINGTON, DC, 200096046
NTEE Category
Code: C35 - Environment
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