named programs · 2 · from sources
What they call their work
NYCEEC Financing Program
Provides debt financing and credit enhancements for energy efficiency, renewable energy, and clean technology projects in New York City buildings, particularly targeting multifamily and commercial properties.
Resilient Buildings Program
Offers financing solutions for building upgrades that improve energy efficiency and climate resilience, including solar PV, battery storage, and efficient heating and cooling systems.
activities · 1 group
What they do
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Climate Finance Advisory & Research 1 activity
- Providing financing for energy efficiency and clean energy projectsOffers financing solutions to support energy efficiency and clean energy initiatives, enabling building upgrades and sustainable infrastructure improvements in New York City.
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financials · form 990 · fy2024
revenue
Total revenue$5.15M
Contributions & grants$2.57M50%
Program service revenue$2.21M43%
Investment income$374K7%
Other revenue$0
expenses
Total expenses$5.87M
Program expenses78%
Admin / overhead20%
Fundraising2%
Salaries & benefits$3.45M
Grants paid out$60K
Largest expense lineCompensation
balance sheet
Total assets$50.70M
Cash$10.56M
Investments$11.73M
Liabilities$25.48M
Net assets$25.22M
Liquid reserves45.6 mo
6 years on record · 2019–2024 · YoY revenue +21.4%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 7
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| JAY MERVES | DIR. OF BUSINESS DEV., TREASURER | 40 | $305K |
| CURTIS PROBST | CEO, PRESIDENT | 36 | $298K |
| NAEEMAH E LAJOIE | DIRECTOR OF OPERATIONS | 40 | $237K |
| MICHAEL KERSTETTER | GENERAL COUNSEL/DIRECTOR | 40 | $219K |
| MARIAN L WEBER | DIRECTOR | 40 | $185K |
| ERANGI DIAS | DIR. OF BUSINESS DEV. (OUTGOING) | 40 | $184K |
| APARAJITHA JANARDHANAN | DIRECTOR | 40 | $180K |
board members · 17
- ASHOK GUPTA — BOARD MEMBER (OUTGOING)
- BRUCE SCHLEIN — BOARD MEMBER
- ELIZABETH ZELDIN — BOARD MEMBER
- J GREGORY HALE — BOARD MEMBER
- JEFFREY I BRODSKY — BOARD MEMBER AND CHAIRPERSON
- JOE CHAVEZ — BOARD MEMBER
- JOHN RICE — BOARD MEMBER
- JUDY HERBSTMAN — BOARD MEMBER
- KELLI M KEENAN — BOARD MEMBER
- KIMBERLY DARGA — BOARD MEMBER
- MALINI NAYAR — BOARD MEMBER
- MARC KHOUZAMI — BOARD MEMBER
- MARK ZULUAGA — BOARD MEMBER
- REBECCA KOEPNICK — BOARD MEMBER
- RENWICK PAIGE — BOARD MEMBER
- SADIE MCKEOWN — BOARD MEMBER (OUTGOING)
- SUSAN LEEDS — BOARD MEMBER AND SECRETARY
strategies · 1
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.
- Market-Based Financing for Energy Adoptionmethodology: market_based_financingBy deploying targeted financing mechanisms, we accelerate the adoption of energy efficiency and clean energy technologies because financial barriers are a primary constraint in market uptake.