NEVADA CLEAN ENERGY FUND

RENO, NV | Washoe County
Revitalization/Stabilization
NEVADA CLEAN ENERGY FUND
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

NEVADA CLEAN ENERGY FUND
82-4784502
6 BRET HARTE AVE
RENO, NV 89509
Washoe County
(702) 518-0434

info@nevadacef.org
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Mission Statement info

SUPPORT A THRIVING, AFFORDABLE, AND ACCESSIBLE CLEAN ENERGY ECONOMY BY PROVIDING FINANCIAL AND TECHNICAL RESOURCES TO NEVADANS

CRA Category info
  • Revitalization/Stabilization
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
2018
Total Employees info
9
Total Volunteers info
3
Nonprofit Classification (NTEE Code) info
W99

W - Public, Society Benefit

Public & Societal Benefit N.E.C.

Use this code for organizations that clearly provide services relating to public affairs or society benefit where the major purpose is unclear enough that a more specific code cannot be accurately assigned.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations
Targeted Clients info
  • Children & Youth
  • K-12 Students
  • Families
  • Minority Individuals
  • Minority-Owned Businesses
  • Native Americans
  • Nonprofits
  • Rural Residents
  • Small Businesses
  • Underbanked or Unbanked
CRA Income Characteristics info
  • HUD Assistance Recipients
  • Low-Income
  • Moderate-Income

CRA Alignment

CRA Category info
Revitalization/Stabilization
Community and economic development in distressed, underserved or disadvantaged areas.
70%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
Clean School Bus Program
NCEF’s Clean School Bus Program is replacing over 25 diesel buses with zero-emission electric school buses across Nevada over the next three years. The program targets Title 1 and Tribal schools. This effort is supported by a $7.7 million federal award from EPA.
Targeted Clients info
  • Children & Youth
  • K-12 Students
  • Native Americans
  • Rural Residents
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • USDA Free or Reduced Lunch Students
Residential Energy Upgrade Program (RE-UP)
RE-UP serves as Nevada’s one-stop-shop for residents of all income levels to access financial and technical assistance for energy efficiency and clean energy upgrades. RE-UP offers unsecured loans at affordable rates for a wide range of home clean energy measures. As part of RE-UP, NCEF vets licensed contractors and educates residents on consumer protections. NCEF also supports residents in accessing federal, state, and utility incentives. RE-UP targets a minimum of 60% low- and moderate-income (LMI) borrowers, and unlocks access to capital for these LMI households using ability to repay rather than credit score during underwriting.
Targeted Clients info
  • Families
  • First-Time Homebuyers
  • Underbanked or Unbanked
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
Nevada Solar for All
NCEF will implement its $156 million Solar for All award from the US Environmental Protection Agency (EPA) to support solar programs that benefit low-income and disadvantaged households. NCEF is in the process of launching financing and technical assistance programs for solar for single-family homes, multifamily affordable housing, and community solar projects.
Targeted Clients info
  • Economically Disadvantaged
  • Native Americans
  • Rural Residents
  • Underbanked or Unbanked
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
Tribal Clean Energy Program
NCEF provides financing and technical assistance to Nevada's Tribes to access home energy upgrades and community solar and energy storage projects. NCEF also provides targeted education to Nevada’s Tribes about federal clean energy funding opportunities, and, where appropriate, supports and partners with Tribes to apply for and implement funds. This includes helping Tribes access NCEF’s Solar for All programs, apply to the EPA Community Change Grants, and access Home Electrification Rebate formula grants.
Targeted Clients info
  • Native Americans
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
  • HUD Assistance Recipients
  • SNAP Recipients
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$75.4K
Revenue
$75.4K
Assets
$28.5K

IRS Business Master File Details info

As of March 2024
Exempt Ruling Date info
2022-06
Deductibility Status info
Deductible
Last Tax Filing info
2023
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)

IRS Publication 78 Details info

As of March 2024
Verified in Publication 78 info
No
Deductibility Limitation info
Not reported
Organization Description info
Not reported

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-06
E-File
990
XML
990

Nonprofit Location

Physical Address info
6 BRET HARTE AVE
RENO, NV 89509
Washoe County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
39900
MSA/MD info
32
State info
031
County info
0004.02
Tract info
Upper
Income Level info
Core-Based Statistical Area info
39900 - Reno, NV
Combined Statistical Area info
456 - Reno-Carson City-Fernley, NV
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 16.82%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • NV - All Counties & Cities

Market Data

Census Tract County
0004.02 Washoe County
Population
Total Population 2,324 486,674
Total Households 1,497 192,420
Income
Median Family Income (Census*) $163,125 $81,531
Median Family Income (2023 FFIEC est.) $104,400 $104,400
Tract Income Percentage 193.7% N/A
Below Poverty Level 4.0% 10.9%
Unemployment Level 3.9% 5.0%
Housing
Total Housing Units 1,512 208,480
Total Owner-Occupied Units 51.5% 58.6%
Total Renter-Occupied Units 47.5% 41.4%
Total Vacant Units 1.0% 6%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

9
Total Voting Members
in Governing Body info
9
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Kirsten Stasio
(775) 737-0975
Principal Officer info
Kirsten Stasio
findCRA Profile Owner
Kirsten Stasio
CEO
kirsten@nevadacef.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-06.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.