California Hydrogen Coalition
- Assets
- $73.5k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- Data as of
- 12/2022
- EIN
- 84-4528700
Organization Overview
California Hydrogen Coalition is located in Sacramento, CA. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Hydrogen Coalition is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, California Hydrogen Coalition generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. 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
TO PROMOTE THE COMMON BUSINESS CONDITIONS OF THE ORGANIZATION'S MEMBERS BY FOSTERING CALIFORNIA'S TRANSITION TO ZERO EMISSION VEHICLES BY EXPANDING THE AVAILABILITY OF RELIABLE, CONVENIENT AND AFFORDABLE HYDROGEN FUELING, TO SUPPORT STATE EMISSION REDUCTION GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRATEGY: THE CHC, THROUGH ITS DIRECTORS AND OFFICERS, IS DEVOTED TO DEVELOPING STRATEGY TO ADVOCATE FOR MEASURES, POLICIES, AND REGULATIONS THAT ENABLE CALIFORNIA TO TRANSITION TO ZERO EMISSION VEHICLES BY EXPANDING THE AVAILABILITY OF RELIABLE, CONVENIENT AND AFFORDABLE HYDROGEN FUELING.
PUBLIC COMMUNICATIONS: DISSEMINATING COMMUNICATIONS THAT EDUCATE CALIFORNIANS ABOUT THE IMPORTANCE, RELIABILITY, AVAILABILITY OF HYDROGEN AS A CONVENIENT AND CLEAN FUEL SOURCE. THE CHC'S AGENTS PRODUCE COMMUNICATIONS THAT ARE DISTRIBUTED PRIMARILY ONLINE VIA PLATFORMS SUCH AS, YOUTUBE, FACEBOOK, AND TWITTER. THE CHC MAY PAY FOR ADVERTISEMENTS ON THESE INTERNET PLATFORMS AS WELL AS ASK ITS FOLLOWERS TO SHARE THEIR MATERIALS WITH THEIR FRIENDS AND FOLLOWERS ONLINE. MOST, IF NOT ALL, OF THE CONTENT WILL BE DEVELOPED IN CALIFORNIA. THE INTENDED RECIPIENTS OF THIS CONTENT WILL BE CALIFORNIANS.
MEMBERSHIP COMMUNICATIONS: EDUCATE MEMBERS ABOUT THE PROGRESS THAT CHC IS MAKING WITH RESPECT TO ADVANCING HYDROGEN AS A CONVENIENT AND CLEAN FUEL SOURCE IN CALIFORNIA. MEMBERS WILL BE PROVIDED WITH WRITTEN UPDATES (E.G., EMAILS, REPORTS, ETC.) AND VERBAL UPDATES THAT WILL LIKELY TAKE PLACE OVER CONFERENCE CALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Cooke Executive Di | Trustee | 5 | $0 |
Joe Fawell President | OfficerTrustee | 5 | $0 |
Wayne Leighty Director | Trustee | 5 | $0 |
Michael Lord Director | Trustee | 5 | $0 |
Henry Perea Director | Trustee | 5 | $0 |
Shane Stephens Secretary/tr | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jsq Group Llc Consulting | 12/30/22 | $642,342 |
Brownstein Hyatt Farber Schreck Llp Legal | 12/30/22 | $147,916 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,015,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,015,600 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,015,600 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,630 |
| Fees for services: Accounting | $2,575 |
| Fees for services: Lobbying | $1,126,721 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,700 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,675 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,198,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,453 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $20,095 |
| Other assets | $0 |
| Total assets | $73,548 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $73,548 |
| Net assets with donor restrictions | $0 |
| 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 | $73,548 |