2023-11-03T12:14:56-05:00 2022-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-01-01 825026325 CLEARPATH INC CLEA 2026701021 518 C ST NE 300 WASHINGTON DC 20002 RICHARD J POWELL CHIEF EXECUTIVE OFFICER 2026701021 2023-11-03 1 RICHARD POWELL 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD J POWELL 518 C ST NE 300 WASHINGTON DC 20002 12615651 0 X WWW.CLEARPATH.ORG X 2018 DC SEE PART III, LINE 1. 4 3 32 3 0 0 9216500 12607814 0 0 1389 3451 1942 4386 9219831 12615651 332375 289000 0 0 4528392 6420447 0 0 237147 2785906 3822636 7646673 10532083 1573158 2083568 4886065 9677194 1035867 3743428 3850198 5933766 CLEARPATH'S MISSION IS TO DEVELOP AND ADVANCE POLICIES THAT ACCELERATE INNOVATIONS TO REDUCE AND REMOVE GLOBAL ENERGY EMISSIONS. 0 0 8499922 289000 CLEARPATH'S MISSION IS TO DEVELOP AND ADVANCE POLICIES THAT ACCELERATE INNOVATIONS TO REDUCE AND REMOVE 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. 8499922 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 26 0 1 32 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 RICHARD J POWELL 2029383786 518 C ST NE SUITE 300 WASHINGTON DC 20002 RICHARD J POWELL DIRECTOR, EXEC. DIR. TREAS 50.00 X X 655223 0 56958 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 467562 0 21955 LUCAS J BOLAR CHIEF EXTERNAL AFFAIRS OFFICER 50.00 X 418139 0 40602 ANDREA E STEINER CHIEF OPERATING OFFICER 50.00 X 317320 0 39174 CHRISTOPHER A TOMASSI MANAGING DIRECTOR - GOVERNMENT AFFAIRS 50.00 X 423494 0 34875 JEFFREY A MOREHOUSE MANAGING DIRECTOR - GOVERNMENT AFFAIRS 50.00 X 438538 0 32931 COLLEEN K MOSS SENIOR DIRECTOR - GOVERNMENT AFFAIRS 50.00 X 273897 0 11643 NICHOLAS R MCMURRAY MANAGING DIRECTOR - PUBLIC POLICY 50.00 X 260969 0 28094 SPENCER NELSON MANAGING DIRECTOR - RESEARCH AND NEW INITIATIVES 50.00 X 233813 0 23780 3488955 0 290012 17 0 1 0 JAMES CONNAUGHTON 225 COCONUT PALM ROAD VERO BEACH FL 32963 ADVISORY SERVICES 182769 PILLSBURY WINTHROP SHAW PITTMAN LLP PO BOX 601240 CHARLOTTE NC 28260 POLICY/STRATEGY CONSULTING 180083 RHODIUM GROUP 5 COLUMBUS CIRCLE SUITE 1801 NEW YORK NY 10019 RESEARCH & POLLING 126423 3 2712196 9895618 12607814 3451 3451 MISCELLANEOUS 900099 4386 4386 4386 12615651 0 0 7837 289000 289000 2016933 1386978 422241 207714 3721203 2936746 778743 5714 161908 141560 17682 2666 178643 145019 32365 1259 341760 259204 70336 12220 38186 38186 78238 78238 749560 728812 20748 50266 50266 360499 324049 36450 188507 169656 18851 211127 158976 47375 4776 311564 280408 31156 1220966 1220966 94550 94550 9041 9041 MEMBERSHIPS 108141 108141 TRAINING AND EDUCATION 99702 83906 15796 DUES AND SUBS. 93344 86878 6466 PAYROLL ADMIN FEES 81842 62920 16124 2798 127103 66437 60666 10532083 8499922 1795014 237147 1294779 4849625 2651099 1966817 118700 276466 916470 193792 735170 722678 86317 1861608 4886065 9677194 480136 1414861 555731 2328567 1035867 3743428 X 3520862 3298714 329336 2635052 3850198 5933766 4886065 9677194 2083568 0 X 0 1 X 1 0 X 1100000 6432000 7061935 9216500 12607814 36418249 1100000 6432000 7061935 9216500 12607814 36418249 16406216 20012033 525 3919 3999 1389 3451 13283 29944 600 1942 4386 36872 36468404 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 834218 169260 664958 82252 24532 57720 722678 SECURITY DEPOSIT 64738 RIGHT-OF-USE ASSET - OPERATING LEASE 1779570 RIGHT-OF-USE ASSET - FINANCING LEASE 17300 1861608 OPERATING LEASE 2311244 FINANCE LEASE 17323 2328567 X 12616851 1200 1200 12615651 0 12615651 10533283 1200 1200 10532083 0 10532083 PART X, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2022, CLEARPATH HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 CONSERVATIVE CLIMATE FOUNDATION INC 1090 VERMONT AVENUE NORTHWEST WASHINGTON DC 20005 871881200 501(C)(3) 250000 0 ANNUAL SUPPORT THE TRUSTEES OF PRINCETON UNIVERSITY 701 CARNEGIE CENTER PRINCETON NJ 08540 210634501 501(C)(3) 10000 0 TO SUPPORT SCHOLARLY ACTIVITY IN THE GENERAL AREA THE WATERFALL FOUNDATION PO BOX 70049 FAIRBANKS AK 99707 582442068 501(C)(3) 19000 0 DONATION FOR CHARITY EVENT UNITED STATES CAPITOL HISTORICAL SOCIETY 200 MARYLAND AVENUE NE STE 400 WASHINGTON DC 20002 520796820 501(C)(3) 10000 0 DONATION FOR PORTRAIT FUND 4 0 PART I, LINE 2: GRANTS SHOULD BE ACCOUNTED FOR IN THE 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 MAJORITY OF THE LEADERSHIP TEAM (INCLUDING EXECUTIVE DIRECTOR) AT BI-WEEKLY MEETING. GRANTS OVER $25,000 NEED TO BE BROUGHT TO A LEADERSHIP STRATEGY SESSION (MONTHLY) WHERE THE FOUNDER IS PRESENT FOR APPROVAL. GRANTS OVER $25,000 HAVE A PROGRAM OUTLINE AND ARE MONITORED ON A REGULAR CADENCE THROUGHOUT THE YEAR. X 0 1 X X 0 0 0 0 0 0 0 1 0 RICHARD J POWELL DIRECTOR, EXEC. DIR. TREAS 655223 0 0 0 0 0 35750 0 21208 0 712181 0 0 0 JEREMY B HARRELL CHIEF STRATEGY OFFICER 390115 0 77447 0 0 0 20428 0 1527 0 489517 0 0 0 JEFFREY A MOREHOUSE MANAGING DIRECTOR - GOVERNMENT AFFAI 362175 0 76363 0 0 0 10525 0 22406 0 471469 0 0 0 LUCAS J BOLAR CHIEF EXTERNAL AFFAIRS OFFICER 335418 0 82721 0 0 0 17600 0 23002 0 458741 0 0 0 CHRISTOPHER A TOMASSI MANAGING DIRECTOR - GOVERNMENT AFFAI 362632 0 60862 0 0 0 24876 0 9999 0 458369 0 0 0 ANDREA E STEINER CHIEF OPERATING OFFICER 240000 0 77320 0 0 0 18544 0 20630 0 356494 0 0 0 NICHOLAS R MCMURRAY MANAGING DIRECTOR - PUBLIC POLICY 219983 0 40986 0 0 0 11937 0 16157 0 289063 0 0 0 COLLEEN K MOSS SENIOR DIRECTOR - GOVERNMENT AFFAIRS 229945 0 43952 0 0 0 10766 0 877 0 285540 0 0 0 SPENCER NELSON MANAGING DIRECTOR - RESEARCH AND NEW 195000 0 38813 0 0 0 14926 0 8854 0 257593 0 0 0 PART I, LINE 1A FIRST-CLASS TRAVEL WAS REIMBURSED TO ALEXANDER FITZSIMMONS FOR TWO LONG-HAUL FLIGHTS. PART I, LINE 1B NO. A WRITTEN POLICY WAS ESTABLISHED AT THE END OF 2022, WHICH ALL EMPLOYEES HAVE SINCE ACKNOWLEDGED. PART I, LINE 7 DURING 2022, THE FOLLOWING INDIVIDUALS RECEIVED BONUS COMPENSATION: JEREMY B. HARRELL $ 77,447 JEFFREY A. MOREHOUSE $ 76,363 LUCAS J. BOLAR $ 82,721 CHRISTOPHER A. TOMASSI $ 60,862 ANDREA E. STEINER $ 77,320 NICHOLAS R. MCMURRAY $ 40,986 COLLEEN K. MOSS $ 43,952 SPENCER NELSON $ 38,813 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 2712196 GRANT 2040 FOUNDATION P 3917 CC STATEMENT