EIN 87-0984253

Calvert Impact Climate

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2022-12-01
Description
Calvert Impact Climate issues Cut Carbon Notes to finance sustainability upgrades for commercial buildings, aiming to reduce carbon emissions. Combatting climate change by cutting emissions is necessary and urgent, especially as buildings are among the largest contributors of carbon emissions in the United States. However, lower-carbon solutions for buildings do exist.
Related structure
Calvert Impact Climate is a subordinate organization under Calvert Impact Capital (CIC).
Also known as...
Cic Climate
Total revenues
$5,000,000
2022
Total expenses
$0
2022
Total assets
$5,000,000
2022
Num. employees
0
2022

Program areas at Calvert Impact Climate

Cut carbon note: combating Climate change requires cutting emissions now. Today, the buildings where we live, work, and play are some of the largest contributors to carbon emissions in the united states. But lower-carbon solutions for buildings already exist. The cut carbon note is a secured, investment-grade rated, fixed-income product that finances sustainability upgrades for commercial buildings, with the objective of reducing carbon emissions. By removing obstacles to constructing greener buildings, we're making it attractive to put sustainability at the forefront of building decisions.

Who funds Calvert Impact Climate

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Calvert ImpactGeneral Support$5,000,000

Personnel at Calvert Impact Climate

NameTitleCompensation
Jennifer PrycePresident and Chief Executive Officer$0
Derek StrocherBoard Member$0
Dina CurtisChief of Staff
Catherine GodschalkVice President, Investments
Justin ConwayVice President, Investment Partnerships
...and 10 more key personnel

Financials for Calvert Impact Climate

RevenuesFYE 12/2022
Total grants, contributions, etc.$5,000,000
Program services$0
Investment income and dividends$0
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$5,000,000

Form 990s for Calvert Impact Climate

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
Data update history
January 8, 2024
Updated personnel
Identified 37 new personnel
January 4, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 25, 2023
Used new vendors
Identified 1 new vendor, including
December 25, 2023
Received grants
Identified 1 new grant, including a grant for $5,000,000 from Calvert Impact
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsChapter / child organizationsCharities
Issues
Energy conservationEnvironmentCommunity improvementEconomic development
Characteristics
National levelTax deductible donationsNo full-time employees
General information
Address
7550 Wisconsin Ave 8th Floor
Bethesda, MD 20814
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
Website URL
calvertimpact.org/ 
Phone
(800) 248-0337
IRS details
EIN
87-0984253
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C35: Energy Resource Conservation and Development
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Subordinate organization
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