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Ct Energy Efficiency Financing Company C/O Capital For Change Inc

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

EIN: 452412035 ✦ Wallingford, CT ✦ Designated as a 501(c)(3)

Overview

What is Ct Energy Efficiency Financing Company C/O Capital For Change Inc?

Ct Energy Efficiency Financing Company C/O Capital For Change Inc is a lending organization based in Wallingford, Connecticut, offering various loan products for homeowners and multi-tenant landlords across the state. Their mission focuses on promoting energy efficiency and reducing energy usage through audits, retrofits, and installation of alternative or clean energy sources. Their services, which include on-bill repayment options through Eversource, have a total capital availability of over $12 million, supporting over 3000 active loans. The organization's activities primarily aim to help homeowners conserve energy usage and lower costs, contributing to a more sustainable future.


Official website here: www.capitalforchange.org

Is Ct Energy Efficiency Financing Company C/O Capital For Change Inc legitimate?

Ct Energy Efficiency Financing Company C/O Capital For Change Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ct Energy Efficiency Financing Company C/O Capital For Change Inc 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.

Here 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.capitalforchange.org

What is the mission statement of Ct Energy Efficiency Financing Company C/O Capital For Change Inc?

The Ct Energy Efficiency Financing Company C/O Capital For Change Inc is dedicated to providing loans for projects aimed at renewable energy and energy conservation. Their mission is to help homeowners conserve energy usage and decrease costs through audits, retrofits, and installation of alternative or clean energy sources. They offer a range of loan products for homeowners and multi-tenant landlords, with various repayment terms and interest rates. Many of their loans make use of on-bill repayment through Eversource. Their total capital available for these programs exceeds $12 million, supporting over 3000 active loans.


Official website here: www.capitalforchange.org

Who is the CEO of Ct Energy Efficiency Financing Company C/O Capital For Change Inc?

Jeffrey Robinson is the Ceo (Until 12/2022) of Ct Energy Efficiency Financing Company C/O Capital For Change Inc. The CEO's salary of Ct Energy Efficiency Financing Company C/O Capital For Change Inc is $0 and their total compensation is $0.


Official website here: www.capitalforchange.org

What is the revenue of Ct Energy Efficiency Financing Company C/O Capital For Change Inc?

Ct Energy Efficiency Financing Company C/O Capital For Change Inc's revenue in 2023 was $3,679,628.


Official website here: www.capitalforchange.org

Who are the executives of Ct Energy Efficiency Financing Company C/O Capital For Change Inc and what are their salaries?

Here are 7 key members and their salaries (Ct Energy Efficiency Financing Company C/O Capital For Change Inc's CEO's salary is $0 and their total compensation is $0):

    Suzanne Tillman (Ceo (Until 12/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Smith (Ceo (Started 1/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorothy Adams (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Robinson (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Robinson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Golden (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Hodges (Secretary (Until 11/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.capitalforchange.org

    Where can I find the form 990 for Ct Energy Efficiency Financing Company C/O Capital For Change Inc?

    The Ct Energy Efficiency Financing Company C/O Capital For Change Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.capitalforchange.org

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

    Mission Statement of Ct Energy Efficiency Financing Company C/O Capital For Change Inc

    The Ct Energy Efficiency Financing Company C/O Capital For Change Inc, in its mission, aims to lend to both homeowners and landlords for energy-saving projects, particularly those involving renewable energy and reducing energy consumption. By providing loans, this organization facilitates energy conservation efforts among homeowners, enabling them to reduce their costs through energy audits, retrofits, and the installation of alternative or clean energy sources.

    Capital For Change, through its CEEFCO subsidiary, offers five different loan products with various repayment terms and interest rates. Many of these loans make use of on-bill repayment through Eversource. Currently, the total capital available for these programs exceeds $12 million, supporting over 3000 active loans. This organization's initiatives are instrumental in helping homeowners decrease their energy usage and costs, contributing to a more sustainable future.

    Impact

    This information is meant to be a general summary of Ct Energy Efficiency Financing Company C/O Capital For Change Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Tuesday, June 18, 2024

    Ct Energy Efficiency Financing Company, operating under Capital For Change Inc, provides vital financial support for homeowners and landlords in Connecticut looking to implement renewable energy solutions and reduce energy consumption. With a robust portfolio of loan products and over $12 million in available capital, they have facilitated over 3000 active loans, enabling individuals to lower their energy usage and costs through audits, retrofits, and clean energy installations. Their impactful work contributes significantly to environmental conservation efforts, offering tangible benefits to both their clients and the planet.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $0
  • Program Service Revenue: $1,579,628
  • Gross Receipts: $3,679,628

    • Assets and Liabilities:
  • Total Assets: $35,683,603
  • Total Liabilities: $20,117,068
  • Net Assets: $15,566,535
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOAN INTEREST INCOME

    Revenue

    $1,579,628

    Organization Details

    Founding Year

    2011

    Principal Officer

    Jeffrey Robinson

    Main Address

    10 ALEXANDER DRIVE, WALLINGFORD, CT, 06492

    NTEE Category

    Code: C35 - Environment

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