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EIN 46-4621007

Prime Coalition

IRS 501(c) type
501(c)(3)
Num. employees
11
City
Cambridge
State
Massachusetts
Year formed
2014
Most recent tax filings
2022-12-01
NTEE code, primary
C35: Energy Resource Conservation and Development
Description
Prime Coalition supports sustainable, effective, scalable solutions to climate change via charitable programs focused on catalytic investing, such as Azolla Ventures.
Total revenues
$11,482,211
2022
Total expenses
$6,662,730
2022
Total assets
$108,161,828
2022
Num. employees
11
2022

Program areas at Prime Coalition

(a) azolla ventures: a $200mm impact-first fund that was substantiated and constructed by Prime and held it first close in 2021; designed to catalyze transformative climate ventures at the early stage and partner through impact at scale. (b) early climate infrastructure (eci) program: aims to remove systemic barriers for climate solutions that are ready for initial commercialization activity (i.e., have passed through rigorous proof-of-concept phases), or that are fully commercial but need additional support to move to massive scale. (c) project frame: a collaboration of investors & experts working to build frameworks and tools to assess the potential impact today's climate investments will have on ghg emissions in the future. It aims to demystify climate investing & improve impact measurement & management.

Who funds Prime Coalition

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustHuman Services$5,000,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$4,212,250
Woka FoundationPrime Azolla Ventures$1,775,000
...and 28 more grants received totalling $16,033,175

Personnel at Prime Coalition

NameTitleCompensation
Sarah KearneyExecutive Director$211,296
Julie RemmeltsDirector of Finance and Operations
Anna GoldsteinDirector of Impact$135,913
Keri BrowderDirector of Impact Accountability / Director of Project$127,958
Maica RollinBookkeeper
...and 8 more key personnel

Financials for Prime Coalition

RevenuesFYE 12/2022
Total grants, contributions, etc.$10,178,212
Program services$250,000
Investment income and dividends$109
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$1,053,890
Total revenues$11,482,211

Form 990s for Prime Coalition

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-12-20990View PDF
2020-122021-10-04990View PDF
2019-122021-03-31990View PDF
2018-122020-01-23990View PDF
...and 4 more Form 990s
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 5 new personnel
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $605,000 from Silicon Valley Community Foundation (SVCF)
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsCharities
Issues
Energy conservationEnvironmentHuman services
Characteristics
National levelTax deductible donations
General information
Address
625 Massachusetts Ave 2nd Floor
Cambridge, MA 02139
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
primecoalition.org/ 
Phone
(404) 625-4884
IRS details
EIN
46-4621007
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C35: Energy Resource Conservation and Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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