Overview
What is California Foundation On The Environment & The Economy?
The California Foundation on the Environment and the Economy (CFEE) is a nonprofit organization based in Sacramento, California. With a staff of six individuals, CFEE focuses on facilitating dialogue among various stakeholders, including labor, business, environmental, and government entities, in key areas such as energy, water, transportation, telecommunications, housing, and the circular economy. Throughout the year, CFEE organizes conferences to discuss various topics within these issue areas. In 2022, they held five conferences that explored diverse aspects, including federal funding for infrastructure development, electric grid reliability, universal broadband connectivity, climate-resilient transportation infrastructure, critical mineral supply chains, and groundwater storage solutions in response to changing hydrology. The organization's mission is to bring together diverse voices for productive conversations, fostering information exchange, exploring new technological advancements abroad, and finding common ground. Additionally, CFEE continually monitors the complex issues facing California in these key areas to stay informed and proactive in their work.
Official website here: www.cfee.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The California Foundation On The Environment & The Economy has received a solid rating of 87%, reflecting its strong performance in accountability and finance. This rating is particularly significant as it is based entirely on one beacon score, which indicates a high level of reliability in its financial practices. The organization has demonstrated commendable governance, with a board comprised entirely of independent members, ensuring transparency and integrity in its operations.
Strengths of the organization include its effective management of resources, as evidenced by a program expense ratio of 70.14%. This suggests that a significant portion of its funding is directed towards its mission-related activities rather than administrative costs. Additionally, the foundation exhibits strong fundraising efficiency, with a minimal cost of $0.05 for every dollar raised, indicating effective financial stewardship.
While the organization shows a robust financial profile with low liabilities and healthy working capital, continued attention to maintaining these standards will be crucial. Overall, the foundation's commitment to accountability and transparent practices positions it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is California Foundation On The Environment & The Economy legitimate?
California Foundation On The Environment & The Economy is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Foundation On The Environment & The Economy 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: $368,964
Professional Fundraising Fees: $0
Other Salaries and Wages: $294,108
For more financial information, click here
Official website here: www.cfee.net
What is the mission statement of California Foundation On The Environment & The Economy?
The California Foundation on the Environment and the Economy is dedicated to fostering open dialogues in various sectors such as energy, water, transportation, telecommunications, technology, housing, and the circular economy. They bring together leaders from various fields, including labor, business, environmental, and state and local government, to exchange ideas and explore common ground. These discussions take place both within the state and through study travel projects, enabling them to learn about new technological developments abroad. The foundation continually monitors the complex issues facing California in their key issue areas.
Official website here: www.cfee.net
Who is the CEO of California Foundation On The Environment & The Economy?
Jay Hansen is the President & Ceo of California Foundation On The Environment & The Economy. The CEO's salary of California Foundation On The Environment & The Economy is $339,760 and their total compensation is $391,409.
Official website here: www.cfee.net
What is the revenue of California Foundation On The Environment & The Economy?
California Foundation On The Environment & The Economy's revenue in 2022 was $2,239,696.
Official website here: www.cfee.net
Who are the executives of California Foundation On The Environment & The Economy and what are their salaries?
The average compensation at California Foundation On The Environment & The Economy during 2022 was $110,512. There are 6 employees and 87 volunteers at California Foundation On The Environment & The Economy.
Here are 108 key members and their salaries (California Foundation On The Environment & The Economy's CEO's salary is $339,760 and their total compensation is $391,409):
- Compensation: $339,760
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Official website here: www.cfee.net
Where can I find the form 990 for California Foundation On The Environment & The Economy?
California Foundation On The Environment & The Economy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfee.net
Learn more at the official website: www.cfee.net
Mission Statement of California Foundation On The Environment & The Economy
The California Foundation on the Environment and the Economy, or CFEE, is an organization dedicated to fostering broad discussions in key areas such as energy, water, transportation, telecommunications and technology, housing, and the circular economy. By bringing together leaders from various sectors including labor, business, environmental, and state and local government, CFEE aims to establish a platform for the exchange of information, learning about new technological developments, and exploring commonalities among diverse participants. The organization's mission is to continually monitor the complex issues facing California in these key areas.
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Impact
June, 2024
California Foundation On the Environment & The Economy, through its conferences and dialogues, has made a significant impact on various critical issues affecting California. In 2022, the foundation successfully identified federal funding opportunities for building essential infrastructure in transportation, water, energy, and telecommunications sectors. Additionally, they delved into ensuring electric grid reliability, achieving universal broadband connectivity, promoting climate-resilient transportation infrastructure, and enhancing groundwater storage management.
By convening leaders from labor, business, environmental, and government sectors, the foundation has facilitated informed discussions and collaborations to address these pressing challenges. Their efforts aim to foster sustainable solutions and drive positive changes in California's environmental and economic landscape.
This information is meant to be a general summary of California Foundation On The Environment & The Economy. 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.
- Investment Income: $21,079
- Program Service Revenue: $7,751
- Gross Receipts: $2,655,814
Assets and Liabilities:
- Total Assets: $3,300,655
- Total Liabilities: $514,741
- Net Assets: $2,785,914
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conference Attendance Fee
Revenue
$1,050
Miscellaneous Income
Revenue
$6,701
Organization Details
Founding Year
1979
Phone
(415) 788-1786Principal Officer
Jay Hansen
Main Address
920 11th Street, Sacramento, CA, 95814
Website
www.cfee.netNTEE Category
Code: C052 - Environment
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