COALITION FOR GREEN CAPITAL D/B/A AMERICAN GREEN BANK CONSORTIUM

EIN: 900868299 501(c)(3) Environment

WASHINGTON, DC

Total Revenue
$3,462,194
Total Expenses
$2,421,482
Total Assets
$1,727,233
Net Assets
$1,591,409
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
DC
Principal Officer
ELISHA HOPSON
Phone
2023680828
Tax Period
2023-01-01 to 2023-12-31

COALITION FOR GREEN CAPITAL D/B/A AMERICAN GREEN BANK CONSORTIUM, founded in 2012, is a community nonprofit in the Environment sector that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 30% operating margin.

Mission

CGC IS A NON-PROFIT WITH A MISSION TO HALT CLIMATE CHANGE BY ACCELERATING INVESTMENT IN CLEAN ENERGY TECHNOLOGIES. CGC ACHIEVES THIS BY ADVOCATING FOR, CREATING AND IMPLEMENTING GREEN BANK FINANCE INSTITUTIONS. GREEN BANKS ARE A PROVEN FINANCE MODEL THAT USES PUBLIC AND PHILANTHROPIC FUNDS TO MOBILIZE PRIVATE INVESTMENT IN RENEWABLE ENERGY, ENERGY EFFICIENCY AND OTHER DECARBONIZATION TECHNOLOGIES. FOR OVER A DECADE, CGC HAS LED THE GREEN BANK MOVEMENT, WORKING AT THE FEDERAL, STATE AND LOCAL LEVEL IN THE U.S. AND IN COUNTRIES AROUND THE WORLD. BY INCREASING INVESTMENT AND ACCELERATING THE CONSTRUCTION OF CLEAN POWER, CGC IS HELPING DELIVER A CLEANER, BETTER FUTURE.

Program Service Accomplishments

Program 1
Expenses: $2,115,463 Revenue: $379,287

CGC TAKES A HOLISTIC APPROACH TO CLEAN ENERGY INVESTMENT, AND HAS BUILT A TRACK RECORD OF HANDS-ON EXPERTISE THAT REMAINS UNIQUE AMONG BOTH NON-PROFIT INSTITUTIONS AND FOR-PROFIT CONSULTANTS. A FEW...

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CGC TAKES A HOLISTIC APPROACH TO CLEAN ENERGY INVESTMENT, AND HAS BUILT A TRACK RECORD OF HANDS-ON EXPERTISE THAT REMAINS UNIQUE AMONG BOTH NON-PROFIT INSTITUTIONS AND FOR-PROFIT CONSULTANTS. A FEW KEY PRINCIPLES UNDERLIE CGC'S APPROACH TO ESTABLISHING NEW GREEN BANKS AND SUPPORTING THE BROADER GREEN BANK ECOSYSTEM.INCUBATE AND SUPPORT GREEN BANKSCGC CREATES NATIONAL, REGIONAL AND LOCAL GREEN BANKS THAT FINANCE CLEAN ENERGY PROJECTS IN PARTNERSHIP WITH THE PRIVATE SECTOR. CGC HAS UNIQUE EXPERTISE EVALUATING MARKETS, DESIGNING INSTITUTIONAL MODELS, DRAFTING LEGISLATION AND FORMING GREEN BANKS IN GEOGRAPHIES AROUND THE WORLD. RAISE AND DEPLOY CAPITALCGC PARTNERS WITH GREEN BANKS TO RAISE, ORGANIZE AND DEPLOY CAPITAL TO FINANCE CLEAN ENERGY PROJECTS AND SUPPORT GREEN BANK OPERATIONS. FROM FOUNDATIONS AND IMPACT INVESTORS TO COMMERCIAL LENDERS AND DEVELOPMENT INSTITUTIONS, CGC SEEKS TO CONNECT CAPITAL TO EMISSIONS-REDUCING PROJECTS.SPUR EXPANSION AND GROWTHCGC IS A THOUGHT LEADER, CONVENER AND FIELD CATALYST FOR GREEN BANKS. CGC SUPPORTS THE GROWTH OF A ROBUST INDUSTRY THROUGH RESEARCH, NETWORKING, EVENTS AND COMMUNICATION. THIS INCLUDES OPERATING THE AMERICAN GREEN BANK CONSORTIUM AND THE GLOBAL GREEN BANK NETWORK, TWO MEMBERSHIP ORGANIZATIONS WHICH CONVENE GREEN BANK INSTITUTIONS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,082,860
Program Service Revenue $379,287
Investment Income $47
Other Revenue $0
TOTAL REVENUE $3,462,194

Expense Breakdown

Grants Paid $27,500
Salaries & Benefits $957,498
Fundraising Expenses $92,125
Program Expenses $2,115,463
Other Expenses $1,436,484
TOTAL EXPENSES $2,421,482

Year-over-Year Comparison

2023 2022 Change
Revenue $3,462,194 $1,953,396 +0.8%
Expenses $2,421,482 $2,321,440 +0.0%
Net Income $1,040,712 $-368,044 -3.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
9
Volunteers
14

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$316,001
Total Directors
17
$0
Key Employees
1
$166,946
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN GARCIA CHAIR 4.00
Officer Director
$0 $0 $0
REED HUNDT CEO AND CHAIR (LEFT 10/23) 40.00
Officer Director
$0 $0 $0
SUE TIERNEY DIRECTOR 4.00
Director
$0 $0 $0
ROGER DOWER DIRECTOR 4.00
Director
$0 $0 $0
RICHARD KAUFFMAN DIRECTOR 4.00
Director
$0 $0 $0
KEN MARKS DIRECTOR 1.00
Director
$0 $0 $0
OSWALDO ACOSTA DIRECTOR 1.00
Director
$0 $0 $0
DONNEL BAIRD DIRECTOR 1.00
Director
$0 $0 $0
HUGH FRATER DIRECTOR 1.00
Director
$0 $0 $0
MARLA BLOW DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM DEMAS DIRECTOR 1.00
Director
$0 $0 $0
DAVID HAYES DIRECTOR 1.00
Director
$0 $0 $0
JULIE GREENE COLLIER DIRECTOR 1.00
Director
$0 $0 $0
CECILIA MARTINEZ DIRECTOR 1.00
Director
$0 $0 $0
KRISTINA PETERSON DIRECTOR (LEFT 12/23) 1.00
Director
$0 $0 $0
CARLOS CURBELO DIRECTOR (LEFT 9/23) 1.00
Director
$0 $0 $0
PAUL DE SA DIRECTOR (LEFT 9/23) 1.00
Director
$0 $0 $0
ELISHA HOPSON EXECUTIVE DIRECTOR, COO, TREASURER, AND SECRETARY 65.00
Officer
$250,000 $260 $250,260
HENRY LITMAN TREASURER AND SECRETARY (LEFT 4/23) 45.00
Officer
$63,226 $2,515 $65,741
AVANINDRA DAS SENIOR DIRECTOR OF INVESTMENT 40.00
Key Emp
$158,456 $8,490 $166,946
NENHA YOUNG DIRECTOR OF POLICY AND NETWORK 40.00
Highest
$136,247 $3,800 $140,047
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,462,194 $2,421,482 $1,727,233 $1,040,712
2022 $1,953,396 $2,321,440 $1,032,134 $-368,044
2021 $2,755,500 $3,113,875 $1,092,509 $-358,375
2020 $2,845,456 $2,694,470 $1,634,352 $150,986
2019 $1,295,572 $1,629,802 $1,284,304 $-334,230
2018 $1,226,297 $1,333,016 $750,005 $-106,719
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