Environment
Inclusive Prosperity Capital Inc
HARTFORD, CT
Total revenue
$10.8M
Total expenses
$9.8M
Net assets
$2.3M
Grants received
$4.3M
30 grants
EIN
830808658
Tax year
2024
Mission
Lessen the burdens of government through clean energy investment.
Programs
3 programs
Advisory and consulting services - ipc staff provides outsourced program administration and consulting services for clean energy financing programs to governments, nonprofits, lenders and other stakeholders. Ipc staff also provide advice to developers and commercial building owners on how to obtain funding and structure financing for renewable energy and energy efficiency projects. One such program is the smart-e loan program, which provides a low cost, long term loan option to single family homeowners for energy upgrades through a network of local lenders that are given access to a credit enhancement (if required) in exchange for offering the product. The program uses established pre-approved contractors to install these energy upgrades to reduce the building owner's energy burden. Ipc may either administer this program on behalf of a program sponsor or provide certain services, including the standardized programmatic approach, protocols, marketing and technology. Credit enhancements typically comprise interest rate buydowns and loan loss reserves maintained by the sponsor to support lender program loans. Ipc administers this program for the connecticut green bank, the program sponsor. The program is used to finance over forty qualifying energy improvements at owner-occupied, 1-4 unit residential properties in connecticut utilizing 10 local lenders (community banks and credit unions) and a network of over 350 eligible contractors.
Multifamily and nonprofit loan program - this program provides financing, credit enhancements, and technical assistance for loans and grants made to owners of multifamily buildings for energy upgrades, single family lending and commercial and infrastructure lending.
Solar for all program funded through the federal environmental protection agency.
Financials
FY 2024
Revenue
Expenses
People
16 listed
KERRY O'NEILL
CHIEF EXECUTIVE OFFICER
$315K
40 hrs/wk
MUSA COLLIDGE-ASAD
CHIEF INVESTMENT OFFICER
$241K
40 hrs/wk
MICHELE I KUNITZ
GENERAL COUNSEL/SECRETARY
$218K
40 hrs/wk
MARK A DEBONEE
CHIEF FINANCIAL OFFICER
$190K
40 hrs/wk
JOSEPH EVANS
DIRECTOR
—
1 hrs/wk
ROBERTO HUNTER
DIRECTOR
—
1 hrs/wk
DOUGLASS SIMS
DIRECTOR
—
1 hrs/wk
ELIZABETH CRUM
CHAIRPERSON (THROUGH 6/27/24)
—
1 hrs/wk
JAMES MCINTYRE
CHIEF STRATEGY OFFICER
$230K
40 hrs/wk
JOHN D'AGOSTINO
MANAGING DIRECTOR, CLEAN ENERGY
$196K
40 hrs/wk
CARMEN CARSON
CHIEF PEOPLE OFFICER
$183K
40 hrs/wk
MADELINE GEARING
NATIONAL DIRECTOR, SMART-E
$147K
40 hrs/wk
DAVID RYAN
ASSOC DIR CLEAN ENERGY
$144K
40 hrs/wk
BRIAN LIECHTI
SR MGR MARKET ENGAGEMENT
$121K
40 hrs/wk
MAZAHIR BOOTWALA
MANAGER, CLEAN ENERGY
$113K
40 hrs/wk
MELINDA MASON
COUNSEL
$112K
40 hrs/wk
Independent contractors
ENERWEALTH SOLUTIONS LLC
CONSULTING
DIGITAL EQUITY PARTNERS LLC
CONSULTING
EMERALD CONSULTING LLC
CONSULTING
RANGE RENEWABLE ADVISORS
CONSULTING
Grants received
Showing 30 of 30
Funded by
$4.3M from 9 funders · 30 grants · 2020–2024
$1.8M · 14 grants · 2020–2024
$1.3M · 4 grants · 2022–2024
$352K · 3 grants · 2022–2024
$320K · 2 grants · 2022–2024
$225K · 2 grants · 2020–2021
$150K · 2 grants · 2020–2023
$150K · 1 grant · 2024
$26K · 1 grant · 2024