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Filing year 2023

NORTH CAROLINA CLEAN ENERGY FUND

Raleigh, North Carolina·EIN 86-2644198·NTEE C35 · Environment·501(c)(3)
Total revenue
$2.4M
Total assets
$2.8M
Total expenses
$507k
Reported officers
10
Mission

OUR MISSION IS TO ACCELERATE INVESTMENT IN CLEAN AND EFFICIENT ENERGY SOLUTIONS AND INCREASE CLIMATE RESILIENCE IN NORTH CAROLINA, PARTICULARLY TO THE BENEFIT OF UNDERSERVED POPULATIONS.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Environment organizations nationwide.

Co-director
Director (Operational)
25th percentile to median
$111k
$121k
Co-director
Director (Operational)
25th percentile to median
$106k
$116k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Environment

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NORTH CAROLINA CLEAN ENERGY FUND equaled 22% of the organization's total expenses. The median for environment organizations is 11%.

This organization (2023)
22%
Sector median
11%
Middle half of sector
5% to 22%

Based on 4,942 environment organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 146%
from 2022

From $45k in 2022 to $111k in 2023.

$45k
2022
$111k
2023
In today's dollarsEst.
Up 135% in real terms$52k to $121k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Director (Operational) pay rose 146% from 2022 to 2023, while revenue rose 261%.

$45k in 2022 to $111k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NORTH CAROLINA CLEAN ENERGY FUND

What does the Director (Operational) of NORTH CAROLINA CLEAN ENERGY FUND earn?

In 2023, the Director (Operational) of NORTH CAROLINA CLEAN ENERGY FUND received $110,925 in total compensation. This pay is below the median (the midpoint) for Director (Operational) roles among Environment organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Director (Operational) pay at NORTH CAROLINA CLEAN ENERGY FUND compare with similar nonprofits?

Compared with the same role at Environment organizations nationwide, the 2023 pay of the Director (Operational) at NORTH CAROLINA CLEAN ENERGY FUND falls between the 25th percentile and the median. In 2023, the highest total compensation at NORTH CAROLINA CLEAN ENERGY FUND equaled 22% of the organization's total expenses. The median for environment organizations is 11%.

What are NORTH CAROLINA CLEAN ENERGY FUND's revenue and expenses?

In 2023, NORTH CAROLINA CLEAN ENERGY FUND reported $2.4M in total revenue and $507k in total expenses on its IRS Form 990.

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