EIN 90-0868299

American Green Bank Consortium

IRS 501(c) type
501(c)(3)
Num. employees
9
Year formed
2012
Most recent tax filings
2023-12-01
Description
American Green Bank Consortium, located in Washington, DC, has a mission to halt climate change by accelerating investment in clean energy technologies. They achieve this by advocating for, creating and implementing Green Bank finance institutions which are a proven finance model. CGC takes a holistic approach to clean energy investment and has built hands-on expertise that is unique among both non-profit institutions and for-profit consultants. Several key principles underlie CGCs approach to establishing new banks.
Also known as...
Coalition for Green Capital
Total revenues
$3,462,194
2023
Total expenses
$2,421,482
2023
Total assets
$1,727,233
2023
Num. employees
9
2023

Program areas at American Green Bank Consortium

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.

Grants made by American Green Bank Consortium

GranteeGrant descriptionAmount
Clean Energy and Sustainability AcceleratorCover Year Long Lease and General Support of Cesa's Work$27,500

Who funds American Green Bank Consortium

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United States Energy FoundationTo Promote Education and Analysis To Advance Clean, Affordable Energy That Protects Public Health.$300,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$200,000
The McKnight FoundationFor General Operating Support - Coalition for Green Capital Works With State and Local Green Banks, Community Development Financial Institutions, and Other Stakeholders To Remove Financial Barriers To the Equitable Deployment of Clean Energy.$100,000

Personnel at American Green Bank Consortium

NameTitleCompensation
Reed HundtChief Executive Officer$0
Elisha HopsonExecutive Director , Chief Operating Officer , Treasurer , and Secretary$250,000
Jeffrey SchubSecretary and Treas.$100,160
Avanindra DasSenior Director of Investment$158,456
Nenha YoungDirector of Policy and Network$136,247
...and 2 more key personnel

Financials for American Green Bank Consortium

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,082,860
Program services$379,287
Investment income and dividends$47
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,462,194

Form 990s for American Green Bank Consortium

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-13990View PDF
2021-122022-11-08990View PDF
2020-122021-05-26990View PDF
2019-122021-02-22990View PDF
...and 5 more Form 990s

Organizations like American Green Bank Consortium

OrganizationLocationRevenue
New York City Energy Efficiency CorporationNew York, NY$4,854,663
Nevada Clean Energy FundReno, NV$1,956,185
Solar and Energy Loan Fund of St Lucie County (SELF)Fort Pierce, FL$3,973,742
People's Solar Energy FundPittsfield, MA$1,254,539
Green Building Initiative (GBI)Portland, OR$7,294,349
Acadia CenterRockport, ME$3,441,672
Center for Ecotechnology (CET)Dalton, MA$11,990,136
Institute for Market TransformationWashington, DC$8,826,978
Alliance To Save EnergyWashington, DC$2,969,451
Solar United NeighborsWashington, DC$9,203,291
Data update history
February 24, 2025
Updated personnel
Identified 6 new personnel
January 21, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 7, 2025
Used new vendors
Identified 4 new vendors, including , , , and
January 5, 2025
Received grants
Identified 2 new grant, including a grant for $300,000 from United States Energy Foundation
January 3, 2024
Received grants
Identified 6 new grant, including a grant for $500,000 from United States Energy Foundation
Nonprofit Types
Environmental organizationsHeadquarter / parent organizationsCharities
Issues
Energy conservationEnvironment
Characteristics
LobbyingNational levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1255 Union St Ne 7th Floor
Washington, DC 20002
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
coalitionforgreencapital.com/ 
Phone
(202) 368-0828
IRS details
EIN
90-0868299
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C35: Energy Resource Conservation and Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
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