Colorado Clean Energy Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
CCEF CONNECTS INDIVIDUALS AND ORGANIZATIONS TO THE CAPITAL THEY NEED TO PURSUE PROJECTS AND BRIDGE REIMBURSABLE INCENTIVES. WE OFFER FLEXIBLE, BELOW-MARKET-RATE FINANCING DESIGNED SPECIFICALLY TO ADDRESS CLEAN ENERGY FINANCE GAPS.
- Income
- $34.8 million
- Spending
- $4.1 million
- Spent on programs
- 82%
- Reserves
- Over 10 years of spending
- Largest source of income
- government grants, 92%
- Employees
- 18
- Volunteers
- 6
- Highest pay
- $308,070, chief executive officer
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 58% of charities in its peer group (environment, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
5 of 20It owes 64% of what it owns.
Living within its means
15 of 15Income exceeded spending by 88% of income.
Income trend
15 of 15Income rose 396% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 36% of charities in its peer group (environment, $10m to $100m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $2.3 million spent. CCEF COMMERCIAL LOANS ARE DESIGNED TO ADDRESS FINANCE GAPS FOR CLEAN ENERGY AND ENERGY EFFICIENCY IMPROVEMENTS THAT RESULT IN REDUCED COSTS AND EMISSIONS AND INCREASED ELECTRIFICATION AND DOMESTIC ENERGY GENERATION. IN 2025, CCEF FINANCED 16 COMMERCIAL PROJECTS, DEPLOYING $40 MILLION IN DIRECT LENDING AND MOBILIZING $110 MILLION IN TOTAL INVESTMENTS. THESE PROJECTS CREATED 1.0 MW OF DOMESTIC ENERGY PRODUCTION. NOT INCLUDED IN THE REVENUE TOTAL ABOVE IS $31,878,876 IN GOVERNMENT GRANTS.
- $1.0 million spent. CCEF'S RESIDENTIAL PROGRAMS ARE DESIGNED TO HELP COLORADO HOMEOWNERS INVEST IN ENERGY EFFICIENCY UPGRADES THAT REDUCE UTILITY COSTS, INCREASE ELECTRIFICATION, AND INCREASE CLEAN, DOMESTIC ENERGY PRODUCTION. DURING 2025, CCEF CLOSED 552 LOANS, SERVING 49 COUNTIES IN COLORADO MOBILIZING MORE THAN $15 MILLION IN INVESTMENTS. THROUGH THE ELECTRIFY AND SAVE PROGRAM, CCEF FUNDED 83 ON-BILL REPAYMENT LOANS, DEPLOYING MORE THAN $1 MILLION IN DIRECT LENDING. THESE PROJECTS CREATED 2.5 MW IN DOMESTIC ENERGY PRODUCTION. NOT INCLUDED IN THE REVENUE TOTAL ABOVE IS $37,837 IN GOVERNMENT GRANTS.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.