Civic Intelligence

Evergreen Climate Innovations

990 • Fiscal year 2015 • EIN 27-2378677

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 30, 2016

20 N WACKER DRIVE No 734Chicago, IL 60606

(224) 554-9137

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

48th percentile

0.09x

Higher debt load relative to assets than 48% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

54th percentile

0.13x

Higher debt load relative to revenue than 54% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

75th percentile

16%

Higher net margin than 75% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

91st percentile

$218,826

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

79th percentile

17%

Faster asset growth than 79% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

9th percentile

-33%

Faster revenue growth than 9% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$4,416,237

Up $628,379 (+17%) from 2014

Net Assets

Up

$3,999,526

Up $506,451 (+14%) from 2014

Liabilities

Up

$416,711

Up $121,928 (+41%) from 2014

Revenue

Down

$3,154,067

Down $1,525,129 (-33%) from 2014

Expenses

Up

$2,647,616

Up $451,564 (+21%) from 2014

Net Income

Down

$506,451

Down $1,976,693 (-80%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $697,585Liabilities 2011: $110,857Net Assets 2011: $586,7282011Assets 2012: $918,903Liabilities 2012: $179,651Net Assets 2012: $739,2522012Assets 2013: $1,267,990Liabilities 2013: $258,059Net Assets 2013: $1,009,9312013Assets 2014: $3,787,858Liabilities 2014: $294,783Net Assets 2014: $3,493,0752014Assets 2015: $4,416,237Liabilities 2015: $416,711Net Assets 2015: $3,999,5262015Assets 2016: $4,978,263Liabilities 2016: $397,871Net Assets 2016: $4,580,3922016Assets 2017: $5,096,244Liabilities 2017: $169,652Net Assets 2017: $4,926,5922017Assets 2018: $5,228,207Liabilities 2018: $145,195Net Assets 2018: $5,083,0122018Assets 2019: $5,819,005Liabilities 2019: $315,645Net Assets 2019: $5,503,3602019Assets 2020: $5,517,927Liabilities 2020: $465,240Net Assets 2020: $5,052,6872020Assets 2021: $8,886,958Liabilities 2021: $1,750,000Net Assets 2021: $7,136,9582021Assets 2022: $15,417,166Liabilities 2022: $3,233,654Net Assets 2022: $12,183,5122022Assets 2023: $15,377,405Liabilities 2023: $3,324,139Net Assets 2023: $12,053,2662023Assets 2024: $19,236,717Liabilities 2024: $3,540,126Net Assets 2024: $15,696,5912024

Highlighted filing

2015

Assets$4,416,237
Liabilities$416,711
Net Assets$3,999,526

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,071,7182011Expenses 2012: $1,534,6532012Revenue 2013: $2,400,779Expenses 2013: $2,130,100Net Income 2013: $270,6792013Revenue 2014: $4,679,196Expenses 2014: $2,196,052Net Income 2014: $2,483,1442014Revenue 2015: $3,154,067Expenses 2015: $2,647,616Net Income 2015: $506,4512015Revenue 2016: $3,085,652Expenses 2016: $2,311,589Net Income 2016: $774,0632016Revenue 2017: $2,353,061Expenses 2017: $1,843,524Net Income 2017: $509,5372017Revenue 2018: $2,662,371Expenses 2018: $2,162,101Net Income 2018: $500,2702018Revenue 2019: $2,479,951Expenses 2019: $1,927,443Net Income 2019: $552,5082019Revenue 2020: $1,382,266Expenses 2020: $1,657,939Net Income 2020: -$275,6732020Revenue 2021: $4,384,622Expenses 2021: $2,109,911Net Income 2021: $2,274,7112021Revenue 2022: $4,404,859Expenses 2022: $2,788,904Net Income 2022: $1,615,9552022Revenue 2023: $1,937,956Expenses 2023: $3,098,560Net Income 2023: -$1,160,6042023Revenue 2024: $3,672,788Expenses 2024: $3,168,634Net Income 2024: $504,1542024

Highlighted filing

2015

Revenue$3,154,067
Expenses$2,647,616
Net Income$506,451
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 30, 2016
Return Version
2015v2.1
Gross Receipts
$3,154,067
Mission and Program Overview

Mission

Clean energy trust (the "trust") was founded in april 2010 with the mission to support and promote clean energy and resource efficiency technologies and businesses in illinois and the greater midwest region. Through investment, mentoring, coaching, and venture development support, the trust strives to help entrepreneurs bring innovative clean technologies to market and to build viable commercial enterprises that create jobs, further economic development, and better the environment. Through these efforts, the trust also helps foster a stronger innovation ecosystem in the midwest that is supportive of new venture creation. The trust focuses on the following clean technology sectors: renewable energy, energy storage, energy efficiency, mobility and transportation, energy analytics, grid technologies, water technologies, waste reduction technologies, and agricultural technologies that further sustainable agricultural practices.

Promote clean energy technologies and business in Illinois and surrounding midwest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,878,265$1,446,243▼ $432,022
Other Notes and Loans Receivable, Net$1,250,000$1,375,000▲ $125,000
Pledges and Grants Receivable$229,532$272,985▲ $43,453
Savings and Temporary Cash Investments$210,850$210,992▲ $142
Land, Buildings, and Equipment, Net$142,434$85,628▼ $56,806
Prepaid Expenses and Deferred Charges$12,515$33,043▲ $20,528
Total Assets$3,787,858$4,416,237▲ $628,379
Other Assets Total$64,262$992,346▲ $928,084
Liabilities
Accounts Payable and Accrued Expenses$108,882$375,752▲ $266,870
Deferred Revenue$185,901$40,959▼ $144,942
Total Liabilities$294,783$416,711▲ $121,928
Net Assets / Fund Balance
Unrestricted Net Assets$1,998,075$2,541,600▲ $543,525
Temporarily Rstr Net Assets$1,495,000$1,457,926▼ $37,074
Total Net Assets Fund Balance$3,493,075$3,999,526▲ $506,451
Total Liabilities and Net Assets / Fund Balance$3,787,858$4,416,237▲ $628,379

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$83,599$391,918$475,517
Leasehold Improvements$2,029$1,017$3,046
Other Assets Org$80,707--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy FranceticChief Executive OfficerFT$168,826$50,000$218,826
Erik BirkertsEvpFT$153,831$40,000$193,831
Paul SeidlerDirector of VentureFT$124,449-$124,449

Board Members and Trustees

NameTitle
Michael P PolskyDirector, Co-Chairman
Nicholas PritzkerDirector, Co-Chairman
Keith CrandellDirector
Paula H CrownDirector
Richard L SandorDirector
Sunil GargDirector
Susan HasanDirector
Timothy R SchwertfegerDirector
Antonio J GraciasDirector, Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Resolute consultingMarketing and Public Relations180 N LaSalle St, Chicago, IL 60601$195,125
Freshwater AdvisorsConsultants222 Merchandise Mart Plaza, chiCAGO, IL 60654$150,000
Revenue and Support

Revenue Composition

Contributions and Grants
$2,898,249
Program Service Revenue
$151,590
Investment Income
$104,228
Other Revenue
$0
All Other Contributions
$2,649,241
Change in Net Assets
$506,451

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,154,067
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,154,067
Total Revenue per Form 990
$3,154,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,417,465
Salaries, Compensation, and Employee Benefits$1,180,151
Total Fundraising Expense$57,879
Grants and Similar Amounts Paid$50,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$583,131$95,556-$678,687
Other Salaries and Wages$520,443$67,114$29,837$617,394
Current Officers, Directors, Trustees, and Key Employees$347,855$44,858$19,943$412,656
Insurance$150,358$17,794-$168,152
Depreciation Depletion$112,248$6,814-$119,062
Occupancy$22,620$72,568-$95,188
Other Employee Benefits$53,951$19,772$3,632$77,355
Payroll Taxes$61,902$7,451$3,393$72,746
Travel$37,056$31,626$1,004$69,686
Grants to Domestic Orgs$50,000--$50,000
Advertising$20,312$29,617-$49,929
Conferences and Meetings$12,665$33,307$70$46,042
Fees for Services Accounting$10,720$27,280-$38,000
Office Expenses$8,929$27,447-$36,376
Fees for Services Legal-$19,586-$19,586
All Other Expenses$1,236$14,396-$15,632
Other Expenses$72,246$8,660-$8,660
Total Functional Expenses$2,065,672$524,065$57,879$2,647,616

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,647,616
Total Expenses per Audited Statements$2,647,616
Total Expenses per Form 990$2,647,616
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
HyliionPittsburgh, PA-Cet Grant$50,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The governing body is provided a reasonable amount of time to review the return and ask any questions directly to organization management or the contact at the independent CPA firm prior to filing. A meeting or conference call is later scheduled for the CPA firm and organization management to discuss the Form 990 with the governing body or their designated committee.

Form 990, Part VI, Section B, line 12C

Conflicts of Interest Policy Monitoring - Officers, directors, trustees and key employees are annually required to complete a conflict of interest disclosure statement as a precursor to their service to the organization. Potential conflicts are logged with and monitored by the secretary of the board.

Form 990, Part VI, Section B, line 15

The board determines compensation of the executive director. The board evaluates the reasonableness of the compensation through the use of comparative information about similarly situated executives in similarly situated organizations. The board weighs this information in determining the executive director's compensation. The board votes on compensation without the executive director present for the conversation. The board documents its process on paper. A similar process as mentioned in the prior statement is used for all management employees.

Form 990, Part VI, Section C, line 19

Governing documents and financial statements are available through applicable governmental agencies.

Filing and Contact Details

Filer

Filer Name
Clean Energy Trust
EIN
27-2378677
Phone
2245549137
Address
20 N WACKER DRIVE No 734, CHICAGO, IL 60606

Signing Officer

Name
Erik Birkerts
Title
Chief Executive Officer
Phone
2245549137
Signed
2016-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erik Birkerts
Formed
2010
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
12
Volunteers
12

Preparer

Firm
Plante & Moran Pllc
Address
10 S Riverside Plaza 9th Floor, Chicago, IL 60606
Preparer
Kimberly A Haumann
Phone
3122071040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

OTHER SERVICE FEES: Program service expenses 136,974. Management and general expenses 62,564. Fundraising expenses 0. Total expenses 199,538. PHOTOGRAPHY: Program service expenses 3,299. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,299. CONSULTING: Program service expenses 305,298. Management and general expenses 10,642. Fundraising expenses 0. Total expenses 315,940. PUBLIC RELATIONS: Program service expenses 136,780. Management and general expenses 21,000. Fundraising expenses 0. Total expenses 157,780. GRAPHIC DESIGN: Program service expenses 780. Management and general expenses 1,350. Fundraising expenses 0. Total expenses 2,130.

Financial Statement Notes

Part X, Line 2:

Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Trust and recognize a tax liability if the Trust has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS or other applicable taxing authorities. Management has analyzed the tax positions taken by the Trust, and has concluded that as of December 31, 2015 and 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2012.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0The Clean Energy Trust Challenge is a nationally recognized accelerator program and the largest single-day clean energy pitch competition in the nation. The Challenge has jumpstarted more than 60 startups in the Midwest to date. The Clean Energy Challenge event is the premiere cleantech networking event in Chicago. Over 400 entrepreneurs, investors, business executives, students, and university faculty attend each year.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Director, Co-Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director, Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10EVP
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF VENTURE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0249008
IRS990/GrantAmt050000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt050000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt050000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03154067
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt017794
IRS990/InsuranceGrp/ProgramServicesAmt0150358
IRS990/InsuranceGrp/TotalAmt0168152
IRS990/InvestmentIncomeGrp/ExclusionAmt0104228
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0104228
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0392935
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0142434
IRS990/LandBldgEquipBasisNetGrp/EOYAmt085628
IRS990/LandBldgEquipCostOrOtherBssAmt0478563
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CLEAN ENERGY TRUST (THE "TRUST") WAS FOUNDED IN APRIL 2010 WITH THE MISSION TO PROMOTE CLEAN ENERGY TECHNOLOGIES AND BUSINESS IN ILLINOIS AND THE SURROUNDING MIDWEST AREA. THROUGH MENTORSHIP, FUNDING, BUSINESS DEVELOPMENT SUPPORT, AND ECOSYSTEM DEVELOPMENT, THE TRUST STRIVES TO BRING ENTREPRENEURS TOGETHER WITH EXPERTISE, RESOURCES, FUNDING, AND CUSTOMERS TO ACCELERATE THE PACE OF CLEAN ENERGY INNOVATION IN THE MIDWEST. THE TRUST FOCUSES ON FIVE MAIN SECTORS, INCLUDING RENEWABLE ENERGY, ENERGY STORAGE, BUILDING ENERGY EFFICIENCY, TRANSPORTATION, SMART METERS, AND ENERGY MONITORING AND CONTROLS. BY LEVERAGING ITS STRATEGIC RELATIONSHIPS, THE TRUST HOPES TO EXPAND ON ITS MISSION OF FUELING CLEAN ENERGY INNOVATION AND COMMERCIALIZATION IN THE MIDWEST.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03493075
IRS990/NetAssetsOrFundBalancesEOYAmt03999526
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt072568
IRS990/OccupancyGrp/ProgramServicesAmt022620
IRS990/OccupancyGrp/TotalAmt095188
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt027447
IRS990/OfficeExpensesGrp/ProgramServicesAmt08929
IRS990/OfficeExpensesGrp/TotalAmt036376
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt064262
IRS990/OtherAssetsTotalGrp/EOYAmt0992346
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03632
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019772
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt053951
IRS990/OtherEmployeeBenefitsGrp/TotalAmt077355
IRS990/OtherExpensesGrp/Desc0DIRECT EVENT SUPPLIES
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18660
IRS990/OtherExpensesGrp/ProgramServicesAmt072246
IRS990/OtherExpensesGrp/TotalAmt072465
IRS990/OtherExpensesGrp/TotalAmt18660
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt029837
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt067114
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0520443
IRS990/OtherSalariesAndWagesGrp/TotalAmt0617394
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01250000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01375000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03393
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07451
IRS990/PayrollTaxesGrp/ProgramServicesAmt061902
IRS990/PayrollTaxesGrp/TotalAmt072746
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0229532
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0272985
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012515
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033043
IRS990/PrincipalOfficerNm0ERIK BIRKERTS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0CONSULTING FEES
IRS990/ProgramServiceRevenueGrp/Desc1CHALLANGE EVENT ADMISS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0137000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114590
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0137000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114590
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION ENTERED INTO A CONTRACT WITH ARGONNE NATIONAL LABORATORY DATED APRIL 9, 2013, TO PROMOTE THE TRANSFER OF JOINT CENTER FOR ENERGY STORAGE RESEARCH (JCESR) TECHNOLOGY TO INDUSTRY WITH THE ULTIMATE OBJECTIVE OF ACHIEVING SUCCESSFUL AND BENEFICIAL WIDESPREAD ADOPTION AND COMMERCIAL IMPLEMENTATION OF REVOLUTIONARY ADVANCES IN BATTERY AND ENERGY STORAGE TECHNOLOGIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0372428
IRS990/ProgSrvcAccomActy3Grp/Desc0Foundation grants from Joyce Foundation and Advanced Energy Economy (AEE) to support initiatives, to engage with and educate both individual grassroots stakeholders and business stakeholders on the importance of policies, regulations and legislation supportive of clean energy innovation. Through support from the Joyce Foundation and Advanced Energy Economy (AEE), Clean Energy Trust expanded its Clean Jobs Illinois work to lead a 12-state Midwest clean energy jobs study and to tell the story of this growing sector as it contributes to the economies and environmental health of the Great Lakes region and beyond. The Midwest study will be an integral component to a larger National study conducted by a consortium of partners and encompassing all 50-states and the District of Columbia.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0287223
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Chicago Lakeside Development - Consulting contract for planning and financial modeling to (1) design an approach for innovative utility services utilizing clean and sustainable technologies and; (2) create an Energy Innovation Center and test-bed infrastructure for developing, testing, and deploying innovative clean energy technologies.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0929354
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04489166
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0110000
IRS990/PYInvestmentIncomeAmt015165
IRS990/PYOtherExpensesAmt0987170
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0174865
IRS990/PYRevenuesLessExpensesAmt02483144
IRS990/PYSalariesCompEmpBnftPaidAmt01098882
IRS990/PYTotalExpensesAmt02196052
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04679196
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0506451
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014590
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0210850
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0210992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02898249
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04643590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02381434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01661126
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01204012
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012788411
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0104228
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015165
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0285
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0119704
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt080142
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84900
IRS990ScheduleA/PublicSupportPY170Pct00.86580
IRS990ScheduleA/PublicSupportTotal170Amt010958685
IRS990ScheduleA/SubstantialContributorsTotAmt01829726
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02898249
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04643590
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02381434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01661126
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01204012
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012788411
IRS990ScheduleA/TotalSupportAmt012908115
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt083599
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0391918
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0475517
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02647616
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02029
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01017
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03046
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0911639
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt180707
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT IN NONCONSOLIDATED ENTITY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTEREST IN TRUSTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03154067
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Trust and recognize a tax liability if the Trust has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS or other applicable taxing authorities. Management has analyzed the tax positions taken by the Trust, and has concluded that as of December 31, 2015 and 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt085628
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0992346
IRS990ScheduleD/TotalExpensesPerForm990Amt02647616
IRS990ScheduleD/TotalRevenuePerForm990Amt03154067
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03154067
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02647616
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CET GRANT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HYLIION
IRS990ScheduleI/RecipientTable/RecipientEIN0461507203
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt016 COMMERCE DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PITTSBURGH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd015239
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS AWARDED BY CLEAN ENERGY TRUST HAVE NO RESTRICTIONS OTHER THAN THE RECIPIENT COMPANY MUST APPLY THE FUNDS TOWARDS ITS BUSINESS AND OPERATING EXPENSES. ALTHOUGH CLEAN ENERGY TRUST DOES NOT REQUIRE AN AUDIT TRAIL FOR HOW THESE FUNDS ARE SPENT, CLEAN ENERGY TRUST MAINTAINS CONTACT WITH THE RECIPIENT COMPANIES POST GRANT THROUGH MENTORING AND ADVISORY ASSISTANCE. MOREOVER, RECIPIENT COMPANIES SUBMIT METRICS ON BUSINESS PERFORMANCE AND MILESTONES TO CLEAN ENERGY TRUST. AS THESE RECIPIENT COMPANIES ARE VERY SMALL, EMERGING ENTERPRISES, IT WOULD BE VERY APPARENT TO CLEAN ENERGY TRUST IF THE FUNDS ARE NOT BEING USED APPROPRIATELY GIVEN CLEAN ENERGY TRUST'S ONGOING INVOLVEMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.2$3.54$15.7$3.67$3.17$0.50
2023Detailed filing. Detailed filing data is available for this year.$15.4$3.32$12.1$1.94$3.10$1.16
2022Detailed filing. Detailed filing data is available for this year.$15.4$3.23$12.2$4.40$2.79$1.62
2021Detailed filing. Detailed filing data is available for this year.$8.89$1.75$7.14$4.38$2.11$2.27
2020Detailed filing. Detailed filing data is available for this year.$5.52$0.47$5.05$1.38$1.66$0.28
2019Detailed filing. Detailed filing data is available for this year.$5.82$0.32$5.50$2.48$1.93$0.55
2018Detailed filing. Detailed filing data is available for this year.$5.23$0.15$5.08$2.66$2.16$0.50
2017Detailed filing. Detailed filing data is available for this year.$5.10$0.17$4.93$2.35$1.84$0.51
2016Detailed filing. Detailed filing data is available for this year.$4.98$0.40$4.58$3.09$2.31$0.77
2015Detailed filing. Detailed filing data is available for this year.$4.42$0.42$4.00$3.15$2.65$0.51
2014Detailed filing. Detailed filing data is available for this year.$3.79$0.29$3.49$4.68$2.20$2.48
2013Detailed filing. Detailed filing data is available for this year.$1.27$0.26$1.01$2.40$2.13$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.18$0.74$1.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.11$0.59$1.07