Clean Energy Economy For The Region
- Assets
- $1.5m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 12
- Location
- Carbondale, CO
- Founding
- 09/2005
- Data as of
- 12/2023
- EIN
- 20-0563392
Organization Overview
Clean Energy Economy For The Region is located in Carbondale, CO. The organization was established in 2005. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Clean Energy Economy For The Region employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clean Energy Economy For The Region is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Clean Energy Economy For The Region generated $2.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 10.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ACCELERATE THE TRANSITION TO A CLEAN ENERGY ECONOMY, INCREASE ENERGY INDEPENDENCE, AND REDUCE OUR CONTRIBUTION TO CLIMATE CHANGE. CLEER SEEKS AND SUPPORTS COLLABORATIVE OPPORTUNITIES FOR RESEARCH, EDUCATION, ADVOCACY, AND IMPLEMENTATION OF RESOURCE EFFICIENCY PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCEMENT, EDUCATION, AND PROMOTION OF A CLEAN ENERGY ECONOMY FOCUSING ON ENERGY EFFICIENCY, RENEWABLE ENERGY, AND SUSTAINABLE TRANSPORTATION.
DISTRIBUTES REBATES THROUGH PROGRAMS FUNDED BY GRANTS FROM OR CONTRACTS WITH FEDERAL AND STATE GOVERNMENT AGENCIES, LOCAL UTILITIES, AND LOCAL GOVERNMENTS. CLEER AWARDED 174 REBATES IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice Hubbard Laird Exec Director | Officer | 40 | $102,750 |
Ralph Trapani Vice Chair/treasurer | OfficerTrustee | 1 | $0 |
Greg Russi Board Member | Trustee | 1 | $0 |
Nancy Genova Chairperson | OfficerTrustee | 1 | $0 |
Steve Novy Board Member | Trustee | 1 | $0 |
Laurie Stone Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,976 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,726 |
| Total Program Service Revenue | $2,157,939 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,212,665 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $671,489 |
| Grants and other assistance to domestic individuals. | $299,655 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $94,518 |
| Compensation of current officers, directors, key employees. | $6,745 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $449,384 |
| Pension plan accruals and contributions | $18,856 |
| Other employee benefits | $149,536 |
| Payroll taxes | $57,826 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $92,001 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $212,307 |
| Advertising and promotion | $32,889 |
| Office expenses | $9,708 |
| Information technology | $527 |
| Royalties | $0 |
| Occupancy | $36,634 |
| Travel | $6,152 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,051 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,459 |
| Insurance | $6,910 |
| All other expenses | $1,096 |
| Total functional expenses | $2,174,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $363,123 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,159,099 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,884 |
| Net Land, buildings, and equipment | $4,615 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,528,721 |
| Accounts payable and accrued expenses | $178,474 |
| Grants payable | $0 |
| Deferred revenue | $983,668 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,162,142 |
| Net assets without donor restrictions | $366,579 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,528,721 |
Grants Awarded
Over the last fiscal year, Clean Energy Economy For The Region has awarded $657,392 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HOLY CROSS ELECTRIC ASSOCIATION PURPOSE: DIESEL EMISSIONS REDUCTION ACT | $76,971 |
MCLANE COMPANY INC PURPOSE: DIESEL EMISSIONS REDUCTION ACT | $404,318 |
DELTA MONTROSE ELECTRIC ASSOCATION PURPOSE: DIESEL EMISSIONS REDUCTION ACT | $176,103 |