2024-10-30T10:49:09-05:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 825026325 CLEARPATH INC CLEA 2026701021 518 C ST NE 300 WASHINGTON DC 20002 JEREMY B HARRELL CHIEF EXECUTIVE OFFICER 2026701021 2024-10-30 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2023 2024-10-15 13:58:12Z JEREMY B HARRELL 518 C ST NE 300 WASHINGTON DC 20002 11234840 0 X WWW.CLEARPATH.ORG X 2018 DC SEE PART III, LINE 1. 4 3 50 3 0 0 12607814 11161300 0 0 3451 62478 4386 11062 12615651 11234840 289000 1115725 0 0 6420447 6902718 0 0 422312 3822636 4548458 10532083 12566901 2083568 -1332061 9677194 7553931 3743428 2951727 5933766 4602204 CLEARPATH'S MISSION IS TO ACCELERATE AMERICAN INNOVATION TO REDUCE GLOBAL ENERGY EMISSIONS. 0 0 10209543 1115725 CLEARPATH'S MISSION IS TO ACCELERATE AMERICAN INNOVATION TO REDUCE GLOBAL ENERGY EMISSIONS. TO ADVANCE THAT MISSION, WE DEVELOP CUTTING-EDGE POLICY SOLUTIONS ON CLEAN ENERGY AND INDUSTRIAL INNOVATION. AN ENTREPRENEURIAL, STRATEGIC NONPROFIT, CLEARPATH COLLABORATES WITH PUBLIC AND PRIVATE SECTOR STAKEHOLDERS ON INNOVATIONS IN NUCLEAR ENERGY, CARBON CAPTURE, HYDROPOWER, NATURAL GAS, GEOTHERMAL, ENERGY STORAGE, AND HEAVY INDUSTRY TO ENABLE PRIVATE-SECTOR DEPLOYMENT OF CRITICAL TECHNOLOGIES. 10209543 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 34 0 1 50 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X JEREMY B HARRELL 2029383786 518 C ST NE SUITE 300 WASHINGTON DC 20002 RICHARD J POWELL CEO, TREAS, DIRECTOR, 50.00 X X 697174 0 62659 SLOANE M CARLOUGH SECRETARY 1.00 X X 0 0 0 RICH THAU DIRECTOR 1.00 X 0 0 0 SAM MAR DIRECTOR 1.00 X 0 0 0 JEREMY B HARRELL CHIEF STRATEGY OFFICER 50.00 X 555143 0 24029 LUCAS J BOLAR CHIEF EXTERNAL AFFAIRS OFF 50.00 X 518812 0 46814 ANDREA E STEINER CHIEF OPERATING OFFICER 50.00 X 390316 0 41082 CHRISTOPHER A TOMASSI MANAGING DIRECTOR - GOVT 50.00 X 494068 0 35806 JEFFREY A MOREHOUSE MANAGING DIRECTOR - GOVT 50.00 X 449761 0 38147 NICHOLAS R MCMURRAY MANAGING DIRECTOR - PUBLIC 50.00 X 335665 0 29509 COLLEEN K MOSS SENIOR DIRECTOR - GOVT 50.00 X 331003 0 14690 LANDON STEVENS SENIOR PROGRAM DIR. 50.00 X 233605 0 24046 4005547 0 316782 20 0 1 0 PILLSBURY WINTHROP SHAW PITTMAN LLP PO BOX 601240 CHARLOTTE NC 28260 POLICY/STRATEGY CONSULTING 165038 ATLAS PUBLIC POLICY LLC 515 Q STREET NW UNIT 2 WASHINGTON DC 20001 ADVISORY SERVICES 107000 JAMES CONNAUGHTON 225 COCONUT PALM ROAD VERO BEACH FL 32963 ADVISORY SERVICES 106137 SOLAN STRATEGIES LLC 405 PONDVIEW LN DAVIDSONVILLE MD 21035 ADVISORY SERVICES 100215 4 1320009 9841291 11161300 62478 62478 MISCELLANEOUS 900099 10992 10992 GAIN/(LOSS) ON FX 900099 70 70 11062 11234840 0 0 73540 1115725 1115725 2336028 1600274 537821 197933 3790205 3116978 495314 177913 141651 125855 12615 3181 277027 225634 37381 14012 357807 277106 59214 21487 65426 65426 124206 124206 687782 578116 109666 60829 60829 603106 542467 60639 187520 168768 18752 299494 213025 78683 7786 406294 365666 40628 1305763 1305763 105235 105235 10454 10454 MEMBERSHIPS 200813 200813 RECRUITING 123682 78940 44742 TRAINING AND EDUCATION 110166 92827 17339 PAYROLL ADMIN FEES 94904 94904 162784 140757 22027 12566901 10209543 1935046 422312 4849625 2939822 1966817 1854006 276466 313847 991143 299027 722678 692116 1861608 1754140 9677194 7553931 1414861 764098 2328567 2187629 3743428 2951727 X 3298714 2482843 2635052 2119361 5933766 4602204 9677194 7553931 -1332061 499 0 X 0 1 X 1 0 X 6432000 7061935 9216500 12607814 11161300 46479549 6432000 7061935 9216500 12607814 11161300 46479549 16024160 30455389 3919 3999 1389 3451 62478 75236 29944 600 1942 4386 11062 47934 46602719 0.65350 0.54870 X PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION COMMENCED ACTIVITY APRIL 2018 THEREFORE, 2018 IS A SHORT-YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 857968 254480 603488 133175 44547 88628 692116 SECURITY DEPOSIT 64738 RIGHT-OF-USE ASSET - OPERATING LEASE 1676346 RIGHT-OF-USE ASSET - FINANCING LEASE 13056 1754140 OPERATING LEASE 2174527 FINANCE LEASE 13102 2187629 11243239 499 7900 8399 11234840 0 11234840 12574801 7900 7900 12566901 0 12566901 1 SCHWAB CHARITABLE 9800 SCHWAB WAY LONE TREE CO 80124 311640316 501(C)(3) 700000 0 INDUSTRIAL PROGRAM SUPPORT CONSERVATIVE CLIMATE FOUNDATION INC 1090 VERMONT AVENUE NORTHWEST WASHINGTON DC 20005 871881200 501(C)(3) 214225 0 ANNUAL SUPPORT THE TRUSTEES OF PRINCETON UNIVERSITY 701 CARNEGIE CENTER PRINCETON NJ 08540 210634501 501(C)(3) 100000 0 TO SUPPORT SCHOLARLY ACTIVITY IN THE GENERAL AREA OF ENERGY SYSTEMS ANALYSIS UNITED STATES NUCLEAR INDUSTRY COUNCIL 1317 F STREET NW SUITE 300 WASHINGTON DC 20004 201624075 501(C)(6) 75000 0 NUCLEAR PROGRAM SUPPORT THE WATERFALL FOUNDATION PO BOX 70049 FAIRBANKS AK 99707 582442068 501(C)(3) 26500 0 DONATION FOR CHARITY EVENT 4 1 PART I, LINE 2: GRANTS SHOULD BE ACCOUNTED FOR THE IN BOARD-APPROVED BUDGET. IF INCLUDED IN THE BOARD-APPROVED BUDGET, GRANTS UNDER $5,000 CAN BE APPROVED BY INDIVIDUAL MEMBERS OF THE LEADERSHIP TEAM. GRANTS BETWEEN $5,000 AND $25,000 NEED TO BE APPROVED BY THE MAJORITY OF THE LEADERSHIP TEAM (INCLUDING CEO) AT BI-WEEKLY MEETINGS. GRANTS OVER $25,000 NEED TO BE BROUGHT TO A STRATEGY SESSION (MONTHLY) WHERE THE EXECUTIVE TEAM AND THE FOUNDER ARE PRESENT FOR APPROVAL. GRANTS OVER $25,000 HAVE A PROGRAM OUTLINE AND ARE MONITORED ON A REGULAR CADENCE THROUGHOUT THE YEAR. X X 0 0 0 0 0 0 0 1 0 RICHARD J POWELL CEO, TREAS, DIRECTOR, 697174 0 0 0 0 0 39000 0 23659 0 759833 0 0 0 JEREMY B HARRELL CHIEF STRATEGY OFFICER 409121 0 146022 0 0 0 22440 0 1589 0 579172 0 0 0 LUCAS J BOLAR CHIEF EXTERNAL AFFAIRS OFF 366917 0 151895 0 0 0 22500 0 24314 0 565626 0 0 0 CHRISTOPHER A TOMASSI MANAGING DIRECTOR - GOVT 380764 0 113304 0 0 0 24703 0 11103 0 529874 0 0 0 JEFFREY A MOREHOUSE MANAGING DIRECTOR - GOVT 337494 0 112267 0 0 0 16500 0 21647 0 487908 0 0 0 ANDREA E STEINER CHIEF OPERATING OFFICER 251600 0 138716 0 0 0 19516 0 21566 0 431398 0 0 0 NICHOLAS R MCMURRAY MANAGING DIRECTOR - PUBLIC 230249 0 105416 0 0 0 12451 0 17058 0 365174 0 0 0 COLLEEN K MOSS SENIOR DIRECTOR - GOVT 241060 0 89943 0 0 0 13785 0 905 0 345693 0 0 0 LANDON STEVENS SENIOR PROGRAM DIR. 229659 0 3946 0 0 0 0 0 24046 0 257651 0 0 0 PART I, LINE 7 DURING 2023, THE FOLLOWING INDIVIDUALS RECEIVED PERFORMANCE BASED BONUS COMPENSATION: JEREMY B. HARRELL $ 146,022 LUCAS J. BOLAR $ 151,895 CHRISTOPHER A. TOMASSI $ 113,304 JEFFREY A. MOREHOUSE $ 112,267 ANDREA E. STEINER $ 138,716 NICHOLAS R. MCMURRAY $ 105,416 COLLEEN K. MOSS $ 89,943 LANDON STEVENS $ 3,946 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND THEN SENT TO THE EXECUTIVE DIRECTOR TO REVIEW. DURING A BOARD MEETING THE FORM 990 WAS THEN PROVIDED TO ALL THE GOVERNING BOARD MEMBERS FOR THEM TO VOTE ON THE APPROVAL OF THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED, READ, UNDERSTANDS AND WILL COMPLY WITH THE CONFLICT OF INTEREST POLICY. PRIOR TO ANY DECISION BY THE BOARD OF DIRECTORS, OR A COMMITTEE THEREOF, THE ORGANIZATION SPECIFICALLY PROVIDES NOTICE TO THE BOARD OF ALL VENDORS, CONTRACTORS, OR OTHER KNOWN ENTITIES THAT MAY DIRECTLY BENEFIT FROM A BOARD OR COMMITTEE ACTION. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE LEAVES THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDES IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE LEAVES THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE, IF APPROPRIATE, APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE DETERMINES WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT MAKES ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORDS THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE CORPORATION'S CHIEF EXECUTIVE OFFICER, EXECUTIVE DIRECTOR, OTHER OFFICERS OR KEY EMPLOYEES INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, USE OF COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE LAST COMPENSATION REVIEW TOOK PLACE IN 2019. FORM 990, PART VI, SECTION C, LINE 19 CLEARPATH MAKES ITS GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. 2040 FOUNDATION 1355 GREENWOOD CLIFF DRIVE STE 400 CHARLOTTE NC 28204 463891359 ACCELERATE AMERICA'S CLEAN ENERGY FUTURE WITH CONSERVATIVE SOLUTIONS NC 501(C)(3) LINE 12A, I 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 2040 FOUNDATION C 1320009 2040 FOUNDATION P 915