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SPRING STREET CLIMATE FUND INC

BROOKLYN, NY · EIN 871178886 · Form 990 · FY2023 · NTEE C12 · Environment · Medium ($1M-$10M) · springstreetclimate.org
revenue
$1.7M
expenses
$1.3M
net assets
$729K
employees
5
volunteers
4
program ratio
67%
mission · from form 990

SPRING STREET CLIMATE FUND SUPPORTS HIGH-IMPACT POLICY CAMPAIGNS THAT CAN MAKE NEW YORK A MODEL STATE FOR CLIMATE PROGRESS. WE IDENTIFY OPPORTUNITIES TO WIN SCALABLE CLIMATE SOLUTIONS AND INVEST IN THE GRASSROOTS CLIMATE CAMPAIGNS THAT CAN SUCCEED.

profile · synthesized from sources

Spring Street Climate Fund supports high-impact policy campaigns to advance scalable climate solutions in New York State. The organization builds grassroots coalitions around concrete issues like building electrification, clean transportation, and energy affordability. It acts as a force multiplier in the climate movement by organizing tenant, co-op, and utility customer groups to win policy changes that deliver tangible benefits for New Yorkers.

named programs · 5 · from sources

What they call their work

Clean Rides
Advocates for clean, affordable, and accessible transportation; works to expand EV access, reduce costs for working families, and support equitable investment in clean transportation infrastructure.
Energy Affordability Agenda
Develops and advances a coordinated statewide policy agenda to reduce energy bills, scale distributed energy resources, and align state policy around affordability and consumer benefits.
Green Co-op Council
Mobilizes co-op shareholders to advocate for policies like extending the J-51 green retrofit tax break, legalizing balcony solar, and creating a “Bucks for Boilers” program to fund building upgrades.
Tenants for Healthy Homes
Organizes tenants to advocate for safer, more efficient, and affordable homes; campaigns include winning a dedicated 311 reporting category for upgrades in rent-stabilized buildings and enforcing Local Law 97.
Utility Customers Association
Organizes utility customers to fight for lower energy costs and clean energy; focuses on advancing battery storage through policies like Intro 354 and removing utility deployment barriers.
activities · 4 groups

What they do

  • Energy Policy Advocacy & Research 1 activity
    • Advancing clean energy and decarbonization legislation in New York
      Played a leading role in passing the Build Public Renewables Act in 2023 and helped pass J-51, a property tax break enabling up to 200,000 families in affordable housing to afford decarbonization upgrades required under Local Law 97. Develops and advances a coordinated statewide policy agenda to align climate action with lower energy costs and improved quality of life.
  • Transportation Policy Advocacy & Infrastructure Reform 1 activity
    • Advancing climate and transportation equity policy campaigns in New York
      Leads and plays a leadership role in advocacy campaigns that have achieved congestion pricing, Fair Fares for low-income transit riders, and secured billions in public transportation investment in New York City and State. Also serves as a steering committee member of New Yorkers for Transportation Equity, a coalition advancing affordable and accessible clean transportation policies.
  • Climate Change Research and Advocacy Funding 1 activity
    • Funding grassroots climate campaigns in New York
      Invests in grassroots climate campaigns focused on achieving scalable climate solutions across New York, supporting organizing and policy efforts at the community level.
  • Solar Energy Access in Underserved Communities 1 activity
    • Running targeted climate policy initiatives in New York
      Runs campaign initiatives focused on increasing balcony solar access, enabling 311 heat reporting for rent-stabilized buildings, and streamlining battery storage projects across New York.
financials · form 990 · fy2023
revenue
Total revenue$1.74M
Contributions & grants$1.74M100%
Program service revenue$8K0%
Investment income$00%
Other revenue$0
expenses
Total expenses$1.32M
Program expenses67%
Admin / overhead19%
Fundraising14%
Salaries & benefits$529K
Grants paid out$337K
Largest expense lineCompensation
balance sheet
Total assets$775K
Cash$609K
Investments$0
Liabilities$46K
Net assets$729K
Liquid reserves5.5 mo
3 years on record · 2021–2023 · YoY revenue +82.8%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
JOHN RASKIN PRESIDENT 40 $102K
board members · 4
  • CELESTE LECOMPTE — TREASURER
  • NICK SIFUENTES — VICE CHAIR
  • SHUCHI TALATI — SECRETARY
  • TABITHA DECKER — CHAIR
relationships · 6

Who they work with

  • BK ROT Partner — Brooklyn-based organization where Spring Street staff member Priya Mulgaonkar served on the board for 8 years.
  • Energy Democracy Alliance Partner — Statewide coalition focused on organizing for a renewable and equitable energy system, previously coordinated by Spring Street staff member Patrick Robbins.
  • Green New Deal Network Partner — Organization where Spring Street staff member Priya Mulgaonkar previously led federal and multi-state policy research and capacity building.
  • NYC Environmental Justice Alliance Partner — Organization with which Spring Street staff member Priya Mulgaonkar partnered on campaigns for waste equity, energy justice, and community resilience.
  • New Yorkers for Transportation Equity Coalition — Steering committee member of a coalition advancing equitable clean transportation policies and investments in New York.
  • Riders Alliance Partner — Transit advocacy organization where Spring Street President John Raskin served as Executive Director and led major policy campaigns.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Frontline-Led Participatory Campaigns for Climate Justice
    methodology: frontline-community-partnership
    By partnering with frontline communities in campaign design and decision-making, we advance equitable climate solutions in waste, energy, and resilience, because participatory planning and capacity building lead to more legitimate, durable, and just outcomes.
  • Grassroots Policy Engagement Through Tangible Local Benefits
    methodology: grassroots-policy-engagement
    By designing climate policy campaigns that connect to tangible benefits for New Yorkers, we increase grassroots participation and movement-building, because people are more likely to engage when they see direct, material improvements in their lives.
  • Tenant and Ratepayer Mobilization for Equitable Decarbonization
    methodology: tenant-led advocacy
    By organizing tenants, co-op shareholders, and utility customers around policies that improve affordability, health, and compliance, we produce scalable climate policy change, because mobilizing affected households as ratepayer advocates ensures decarbonization is economically feasible and politically sustainable.