Catholic Climate Covenant is located in Washington, DC. The organization was established in 2016. As of 06/2022, Catholic Climate Covenant employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catholic Climate Covenant is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Catholic Climate Covenant generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 22.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CATHOLIC CLIMATE COVENANT INSPIRES AND EQUIPS PEOPLE AND INSTITUTIONS TO CARE FOR CREATION AND CARE FOR THE POOR. (CONTINUED ON SCHEDULE O.)
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COVENANTS CATHOLIC ENERGIES PROGRAM DEVELOPED SEVERAL SOLAR AND ENERGY EFFICIENCY PROJECTS FOR CATHOLIC INSTITUTIONS ACROSS THE UNITED STATES INCLUDING IN SEVERAL IN VIRGINIA AS WELL AS IN NEVADA FOR CATHOLIC CHARITIES, TEXAS, AND NEW YORK. THE SOLAR PROJECTS ALONE WILL OFFSET 50,000 METRIC TONS OF GREENHOUSE GASES ABOUT THAT OF AN AVERAGE PASSENGER CAR DRIVEN 110 MILLION MILES OVER THE NEXT 25 YEARS, ALL OF THE PROJECTS CAME AT NO COST TO THE FACILITY OWNERS AS CATHOLIC ENERGIES SECURED INVESTORS WHO OWN THE ASSETS. IN ADDITION, ALL PROJECTS WILL HELP SUBSTANTIALLY REDUCE ENERGY COSTS, SAVINGS THAT CAN NOW BE USED FOR OTHER MINISTRIES, AND TO EDUCATE THE COMMUNITY ON THEIR BENEFIT TO THE ORGANIZATION, THE CHURCH, AND OUR DUTY TO CARE FOR CREATION. IN FY2023, THE COVENANT CREATED A YOUNG ADULT MOBILIZATION PROGRAM AND YOUTH MOBILIZATION PROGRAM TO EMPOWER CATHOLIC YOUNG ADULTS AND YOUTH TO FOLLOW THE CALL TO CARE FOR CREATION AND GENERATE CLIMATE SOLUTIONS, FROM THE FOUNDATION OF THEIR CATHOLIC FAITH. THESE PROGRAMS ARE WORKING DIRECTLY WITH THEM TO BUILD THEIR LEADERSHIP CAPACITY AND ORGANIZE WITHIN THEIR DIOCESES, TO INSPIRE THEIR CATHOLIC INSTITUTIONS TO COMMIT TO ACTIONS THAT CARE FOR CREATION AND ACT ON CLIMATE. THE PROGRAMS ARE ALSO PROVIDING TRAINING AND RESOURCES SUCH AS THE WHOLE MAKERS PROGRAM, TO INSPIRE ECOLOGICAL CONVERSION AS ASKED BY SAINT JOHN PAUL II AND POPE FRANCIS. IN FY2021, BOLSTERED BY THE ENDORSEMENTS BY THE VATICAN AND THE USCCB TO BE THE LEAD ORGANIZER FOR THE LAUDATO SI ACTION PLATFORM, THE COVENANT ADVISED THE GLOBAL EFFORT, CONVENED REGULAR MEETINGS WITH US CATHOLICS LEADING CARE FOR CREATION EFFORTS IN THEIR DIOCESES AND PARISHES; CREATED, THE WEBSITE WWW.GODSPLANET.US IN THE SERVICE OF THE U.S. CATHOLIC TO INSPIRE, SHOWCASE, EDUCATE AND EQUIP US INSTITUTIONS ACROSS THE 7 SECTORS; AND HOSTED SEVERAL WEBINARS TO EDUCATE THE COMMUNITY ON THE PLATFORM. AMONG OTHER THINGS, THE NUMBER OF PARISHES AND DIOCESES PARTICIPATING IN THE CONVENINGS HAS GROWN AND CONTINUES TO INCREASE TODAY. WE ALSO CONTINUED TO EDUCATE OUR CONSTITUENCY ON CARE FOR CREATION ISSUES DURING THIS TIME OF PANDEMIC, THROUGH WEBINARS AND PROGRAMS SUCH AS CELEBRATING THE SEASON OF CREATION AND EARTH DAY, WHICH WERE DOWNLOADED BY THOUSANDS OF PEOPLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jose Aguto Executive Director Ex-Offici | OfficerTrustee | 40 | $110,962 |
Steve Schneck Member | Trustee | 2 | $0 |
Dr Nancy Tuchman Member | Trustee | 2 | $0 |
Miriam G Hidalgo Member | Trustee | 2 | $0 |
Sr Patricia Talone Member | Trustee | 2 | $0 |
Most Rev Joseph Tyson Episcopal Moderator | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $4,071 |
All other contributions, gifts, grants, and similar amounts not included above | $1,405,439 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,409,510 |
Total Program Service Revenue | $36,153 |
Investment income | $30,000 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,475,663 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $185,386 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $110,962 |
Compensation of current officers, directors, key employees. | $14,759 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $848,013 |
Pension plan accruals and contributions | $14,819 |
Other employee benefits | $82,762 |
Payroll taxes | $81,801 |
Fees for services: Management | $0 |
Fees for services: Legal | $38,025 |
Fees for services: Accounting | $29,577 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $214,857 |
Advertising and promotion | $18,765 |
Office expenses | $79,910 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $27,685 |
Travel | $70,983 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $30,163 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,095 |
All other expenses | $0 |
Total functional expenses | $1,835,803 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $772,255 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $64,500 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,094,742 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $11,727 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,943,224 |
Accounts payable and accrued expenses | $136,156 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $1,094,742 |
Other liabilities | $0 |
Total liabilities | $1,230,898 |
Net assets without donor restrictions | $667,543 |
Net assets with donor restrictions | $44,783 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,943,224 |
Over the last fiscal year, Catholic Climate Covenant has awarded $185,386 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
THE DIOCESE OF SAN DIEGO | | | $5,000 |
OTHER LESS THAN 5000 | | | $180,386 |