New York Climate Exchange Inc
63% goes to programs $8 to raise $100 Strong reserves Declining revenue
New York Climate Exchange Inc is a 501(c)(3) organization based in New York, New York, registered in 2024, with $21,197,671 in FY2024 revenue. CharityIndex grades it C+, and it directs about 63% of spending to programs.
10 South Street Slip 7, New York, NY, 10004 EIN 92-3384115 Since 2024
Revenue (FY2024)
$21.2M
▼ 80.8% vs prior year
Environment median: $250K
Expenses (FY2024)
$7.8M
Net assets
$115.2M
Employees
25
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →DProgram efficiency40% of the rating63% to programs · $8 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For New York Climate Exchange Inc: 63% to programs · $8 to raise $100 earns a D on this criterion. See the exact thresholds →
B+Financial health25% of the rating177 mo reserves · +63% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New York Climate Exchange Inc: 177 mo reserves · +63% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For New York Climate Exchange Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New York Climate Exchange Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Our mission is to address climate and justice challenges through scalable urban solutions.
What they do
The exchange engaged external consultants for comprehensive programmatic advisory support and development. by leveraging their expertise in strategic planning, innovation, and stakeholder collaboration, these consultants helped ideate initial programming that aligned with the exchange's mission.
Climate week: hosted over 30 events in new york city (on- and off-governors island) and attracted over 1,000 participants.
Climate tech fellowship: planning for a 12-week fellowship for entrepreneurs (actual fellowship launched following fiscal year).
Contact & location
- Address
- 10 South Street Slip 7, New York, NY, 10004
- City
- New York
- State
- New York
- Category
- Environment
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $110.7M (FY2023) to $21.2M (FY2024) across 2 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $6.0MNet assets $115.2M
Operating margin
63.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$121.2M
Total liabilities
$6.0M
Net assets
$115.2M
Salaries & benefits
$5.1M
66% of expenses
Board members
18
18 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,197,671▼80.8% | $7,809,246▼11.7% | $115,211,257▲13.1% | $121,185,583▲13.7% | 990 |
| 2023 | $110,664,793 | $8,841,961 | $101,822,832 | $106,571,088 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Stephen Hammer — $439,677 (5.63% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stephen Hammer | Executive Director & Ceo | 40 | $439,677 |
| Andrew Winters Dir of Cap | Projects, Planning,& Development | 40 | $384,915 |
| Keecha Gardner | Chief Advancement Officer | 40 | $246,601 |
| Valerie Guillamo Dir of | Multilateral Initiatives | 40 | $134,921 |
| Andel Koester Dir of | Community Initiatives | 40 | $122,891 |
| Elizabeth Verostek Dir of | Finance & Administration | 40 | $121,280 |
| Shaina Horowitz | Director of Innovation | 40 | $114,245 |
| Lauren Barredo | Chief of Staff | 40 | $108,942 |
| Adam Freed | Director | 0.5 | — |
| Andrea Goldsmith | Chair As of 06/2025 | 3 | — |
| Beril Toktay | Director | 0.5 | — |
| Chaouki Abdallah | Vice-chair Until 09/2024 | 2 | — |
| Damaris Reyes | Director | 0.5 | — |
| Errol Cockfield | Director | 0.5 | — |
| Euan W Robertson | Director | 0.5 | — |
| Frances Bronet | Secretary | 2 | — |
| Frank Hodge | Director | 0.5 | — |
| Giovanni Fassio | Director | 0.5 | — |
| Jed Shivers | Treasurer | 2 | — |
| Jerome Lynch | Director | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Som | Consulting | $9,916,026 |
| Huron Consulting Group | Advisory Support | $3,145,880 |
| Sterling Project Development Group | Consulting | $2,611,834 |
| Langan | Consulting | $1,896,343 |
| Troutman Pepper Hamilton Sanders LLP | Consulting | $576,467 |
Grants made · $60K in FY2023
6 grants totaling $60K in FY2023. All grants made by New York Climate Exchange Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Cec Stuyvesant Cove Inc | Accelerating meaningful partnership award | $10,000 |
| Climate Museum | Accelerating meaningful partnership award | $10,000 |
| Earth Matter Ny Inc | Accelerating meaningful partnership award | $10,000 |
| Lower Manhattan Cultural Council Inc | Accelerating meaningful partnership award | $10,000 |
| The Educational Alliance Inc | Accelerating meaningful partnership award | $10,000 |
| Waterfront Alliance Inc | Accelerating meaningful partnership award | $10,000 |
Similar organizations in Environment
Environment
Wetland Trust
New Berlin, NY
$20.5M
C+annual revenue
Environment
Scenic Hudson Inc
Poughkeepsie, NY
$18.6M
Bannual revenue
Environment
Catskill Watershed Corporation
Arkville, NY
$24.9M
Bannual revenue
Environment
Climate Jobs National Resource Center Inc
New York, NY
$15.4M
Bannual revenue
Environment
We Mean Business Coalition Inc
New York, NY
$15.2M
C+annual revenue
- Environment
Spiral House Park
Saugerties, NY
$14.6M
C+annual revenue
Environment
Peconic Land Trust Incorporated
Southampton, NY
$28.1M
Bannual revenue
- Environment
Tenure Facility Fund
New York, NY
$14.2M
C+annual revenue
- Environment
Research Center On Natural Conservation Inc
Harriman, NY
$13.3M
Fannual revenue
Environment
Empire Discovery Institute Inc
Rochester, NY
$13.2M
Bannual revenue
Compare New York Climate Exchange Inc
Frequently asked questions
- Is New York Climate Exchange Inc a legitimate nonprofit?
- Yes. New York Climate Exchange Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 92-3384115, based in New York, New York. Donations are tax-deductible.
- What is New York Climate Exchange Inc's EIN?
- New York Climate Exchange Inc's Employer Identification Number (EIN) is 92-3384115.
- How much revenue does New York Climate Exchange Inc report?
- New York Climate Exchange Inc reported $21,197,671 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of New York Climate Exchange Inc's spending goes to programs?
- New York Climate Exchange Inc spends about 63% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does New York Climate Exchange Inc have?
- CharityIndex grades New York Climate Exchange Inc C+, based on program efficiency and fundraising cost.
- How much does New York Climate Exchange Inc's highest-paid employee make?
- The highest reported compensation on New York Climate Exchange Inc's latest Form 990 is $439,677, paid to Stephen Hammer (Executive Director & Ceo).
More nonprofits in New York
Explore more
Data for New York Climate Exchange Inc (EIN 92-3384115) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.