Ecority

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 920812171 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Ecority?

Ecority is a nonprofit organization based in San Antonio, Texas. Its primary mission is to utilize and expand the Environmental Protection Agency (EPA)-managed Greenhouse Gas Reduction (GHGR) Fund through a nationwide network of credit unions and Community Development Financial Institutions (CDFIs). This initiative aims to leverage these financial institutions to facilitate and promote greenhouse gas reduction projects, thereby contributing to environmental sustainability on a national scale.


Official website here: www.ecority.org

Is Ecority legitimate?

Ecority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ecority 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ecority.org

What is the mission statement of Ecority?

Ecority's mission is to utilize and expand the Environmental Protection Agency (EPA)-administered Greenhouse Gas Reduction (GHGR) Fund on a national level. They achieve this by partnering with a network of credit unions and Community Development Financial Institutions (CDFIs). The goal is to leverage these resources to promote greenhouse gas reduction efforts across various sectors. By doing so, Ecority aims to contribute to environmental sustainability and foster a greener future. The organization's activities primarily focus on utilizing financial resources to incentivize and support businesses and communities in reducing their greenhouse gas emissions.


Official website here: www.ecority.org

Who is the CEO of Ecority?

Chuck Purvis is the CEO of Ecority The CEO's salary of Ecority is $161,174 and their total compensation is $161,174.


Official website here: www.ecority.org

What is the revenue of Ecority?

Ecority's revenue in 2024 was $1,125,000.


Official website here: www.ecority.org

Who are the executives of Ecority and what are their salaries?

Here are 4 key members and their salaries (Ecority's CEO's salary is $161,174 and their total compensation is $161,174):


P Mathew Verghese (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Vitrano (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Llewellyn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Purvis (Director/Former Interim Ceo)
  • Compensation: $161,174
  • Related: $0
  • Other: $0


Official website here: www.ecority.org

Where can I find the form 990 for Ecority?

Ecority's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ecority.org

Learn more at the official website: www.ecority.org

Mission Statement of Ecority

Ecority, a notable organization, seeks to maximize and broaden the impact of the Environmental Protection Agency (EPA)-administered Greenhouse Gas Reduction (GHGR) Fund. They aim to achieve this objective by establishing a nationwide network that encompasses credit unions and Community Development Financial Institutions (CDFIs). By leveraging this network, Ecority intends to amplify the reach and effectiveness of the GHGR Fund, thereby promoting sustainable practices and reducing greenhouse gas emissions on a larger scale.

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Impact




October, 2024

Ecority plays a significant role in advancing environmental sustainability by leveraging the EPA-administered Greenhouse Gas Reduction (GHGR) Fund. By utilizing a national network of credit unions and Community Development Financial Institutions (CDFIs), Ecority focuses on scaling initiatives that promote greenhouse gas reduction across diverse communities.

Through strategic partnerships, Ecority aims to enhance access to financial resources and incentives for businesses and individuals engaged in environmentally friendly practices. This initiative not only supports the reduction of carbon emissions but also fosters economic development within the communities served by credit unions and CDFIs. The impact of Ecority is multifaceted, encompassing both environmental benefits and the empowerment of local economies through sustainable financial practices.




This information is meant to be a general summary of Ecority. 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.

Revenue
$1,125,000 (2024)
Expenses
$1,161,021 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $1,125,000

Assets and Liabilities:

  • Total Assets: $109,100
  • Total Liabilities: $123,360
  • Net Assets: -$14,260

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Organization Details

Founding Year

2022

Principal Officer

P Mathew Verghese

NTEE Category

Code: Z99 - Unknown

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