2025-11-20T09:53:04-06:00 2025-03-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-04-01 452412035 CT ENERGY EFFICIENCY FINANCING COMPANY C/O CAPITAL FOR CHANGE INC CTEN 8009923665 10 ALEXANDER DRIVE WALLINGFORD CT 06492 DIANE SMITH CEO 8009923665 2025-11-18 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2025-11-18 2024 2025-03-06 01:10:19Z DIANE SMITH 10 ALEXANDER DRIVE WALLINGFORD CT 06492 3551308 0 X WWW.CAPITALFORCHANGE.ORG X 2011 CT LOANS TO CONSUMERS AND LANDLORDS FOR PROJECTS CONTRIBUTING TO REDUCING ENERGY USE AND PROMOTING RENEWABLE ENERGY SOURCES. 5 5 0 5 0 0 0 1236722 2039699 2140924 102229 173662 0 0 2141928 3551308 0 0 0 0 0 0 0 0 0 3269716 2682706 3269716 2682706 -1127788 868602 44941710 40791525 31788264 26401357 13153446 14390168 CEEFCO'S LOAN PROGRAM HELPS HOMEOWNERS REDUCE ENERGY USAGE AND DECREASE THEIR COSTS THROUGH ENERGY AUDITS, RETROFITS AND INSTALLATION OF ALTERNATIVE OR CLEAN ENERGY SOURCES. 0 0 2682706 2140924 CAPITAL FOR CHANGE, THROUGH ITS CEEFCO SUBSIDIARY, OFFERS MULTIPLE LOAN PRODUCTS FOR HOMEOWNERS AS WELL AS MULTI-TENANT LANDLORDS ACROSS CONNECTICUT WITH A RANGE OF REPAYMENT TERMS AND INTEREST RATES. THOUSANDS OF CUSTOMERS CURRENTLY BENEFIT FROM THIS PROGRAM. 2682706 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 68 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 1 0 0 0 CT X LEA EMERY 8009923665 10ALEXANDER DRIVE WALLINGFORD CT 06492 DIANE SMITH CEO 2.50 32.50 X 0 203462 9392 BENNA LEHRER CHAIR 0.50 0.50 X X 0 0 0 GINNE-RAE CLAY VICE CHAIR 0.50 0.50 X X 0 0 0 JEFFREY ROBINSON TREASURER (UNTIL 3/2025) 0.50 0.50 X X 0 0 0 ROBIN GOLDEN SECRETARY 0.50 0.50 X X 0 0 0 MICHAEL UHL DIRECTOR 0.50 0.50 X 0 0 0 0 203462 9392 0 0 1 0 CAPITAL FOR CHANGE INC 10 ALEXANDER DRIVE WALLINGFORD CT 06492 LOAN SERVICING AND ORIGINATION FEES 619002 CONNECTICUT HOME SOLUTIONS LLC 140 DRYDEN DRIVE MERIDEN CT 064506144 CONTRACTOR 165046 GOOD LIFE ENERGY SAVERS LLC 50 BEAVER BROOK RD 2 DANBURY CT 06810 CONTRACTOR 142890 3 1236722 1236722 LOAN INTEREST INCOME 531110 2140924 2140924 2140924 173662 173662 3551308 2140924 0 173662 X 41382 41382 619002 619002 21203 21203 1486889 1486889 WRITE-OFF OF LOANS RECE 514230 514230 2682706 2682706 0 0 3654239 7714946 308108 289502 59843 36361 40919520 32750716 44941710 40791525 320160 294190 1468104 1107167 30000000 25000000 31788264 26401357 X 13153446 14390168 13153446 14390168 44941710 40791525 X 868602 368120 X X 0 1 X 1 0 X 3046000 650000 2100000 1236722 7032722 1291259 1341460 1579628 2039699 2140924 8392970 4337259 1991460 3679628 2039699 3377646 15425692 0 0 0 15425692 102229 173622 275851 102229 173622 275851 4337259 1991460 3679628 2141928 3551268 15701543 0.98240 0.99150 0.01760 0.00850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 NOTES AND LOANS RECEIVABLE 32750716 C 32750716 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS AT MARCH 31, 2025. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 0 0 0 0 0 0 0 0 0 DIANE SMITH CEO 0 203462 0 0 0 0 0 7176 0 2216 0 212854 0 0 PART I, LINE 3 THE SALARIES OF MEMBERS OF SENIOR MANAGEMENT ARE REVIEWED AGAINST PUBLICLY AVAILABLE COMPENSATION SURVEYS. JOB CLASSES/RANGES ARE ADJUSTED TO REFLECT THIRD-PARTY DATA AND ARE REVIEWED BY THE EXECUTIVE COMMITTEE. THE BOARD OF CAPITAL FOR CHANGE, INC., VIA THE EXECUTIVE COMMITTEE OF CAPITAL FOR CHANGE, INC., OVERSEE THE COMPENSATION OF THE CEO. CEO COMPENSATION IS DETERMINED BY REVIEWING FORM 990S AND INDUSTRY SURVEY AND JOB GRADES AND IS APPROVED BY THE BOARD. THE SALARIES OF ALL MEMBERS OF SENIOR MANAGEMENT ARE REVIEWED BY THE EXECUTIVE COMMITTEE AND COMPARED TO INDUSTRY DATA. FORM 990, PART VI, SECTION A, LINE 6 CEEFCO HAS ONE MEMBER OF THE CORPORATION, CAPITAL FOR CHANGE, INC., A NONSTOCK CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE CORPORATION SHALL HAVE ONE MEMBER. THE SOLE MEMBER OF THE CORPORATION SHALL BE CAPITAL FOR CHANGE, INC., A CONNECTICUT NONSTOCK CORPORATION. THE SOLE MEMBER SHALL HAVE THE RIGHT TO VOTE ON ALL MATTERS UPON WHICH MEMBERS OF A CONNECTICUT NONSTOCK CORPORATION ARE AFFORDED THE RIGHT TO VOTE UNDER THE NONSTOCK ACT. FORM 990, PART VI, SECTION A, LINE 7B THE CORPORATION SHALL HAVE ONE MEMBER. THE SOLE MEMBER OF THE CORPORATION SHALL BE CAPITAL FOR CHANGE, INC., A CONNECTICUT NONSTOCK CORPORATION. THE SOLE MEMBER SHALL HAVE THE RIGHT TO VOTE ON ALL MATTERS UPON WHICH MEMBERS OF A CONNECTICUT NONSTOCK CORPORATION ARE AFFORDED THE RIGHT TO VOTE UNDER THE NONSTOCK ACT. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FEDERAL FORM 990 WAS PROVIDED TO THE ORGANIZATION'S C4C PARENT FINANCE PERSONNEL FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE (IRS). FOLLOWING THIS REVIEW THE FORM 990 WAS PROVIDED TO EACH MEMBER OF THE ORGANIZATION'S FINANCE COMMITTEE, PRIOR TO FILING WITH THE IRS. FOLLOWING THIS REVIEW THE FORM 990 WAS PROVIDED TO EACH MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. AS PART OF THE TAX RETURN PREPARATION PROCESS THE ORGANIZATION HIRED A PROFESSIONAL CPA FIRM WITH EXPERIENCE AND EXPERTISE IN NOT-FOR-PROFIT TAX RETURN PREPARATION TO PREPARE THE FEDERAL FORM 990. THE CPA FIRM'S TAX PROFESSIONALS WORKED CLOSELY WITH THE ORGANIZATION'S FINANCE PERSONNEL AND VARIOUS OTHER INDIVIDUALS OF THE ORGANIZATION TO OBTAIN THE INFORMATION NEEDED IN ORDER TO PREPARE A COMPLETE AND ACCURATE TAX RETURN. THE CPA FIRM PREPARED A DRAFT FEDERAL FORM 990 AND FURNISHED IT TO THE ORGANIZATION'S FINANCE PERSONNEL AND OTHER INDIVIDUALS FOR THEIR REVIEW. THE ORGANIZATION'S FINANCE PERSONNEL AND OTHER INDIVIDUALS REVIEWED THE DRAFT FEDERAL FORM 990 AND DISCUSSED QUESTIONS AND COMMENTS WITH THE CPA FIRM. REVISIONS WERE MADE TO THE DRAFT FEDERAL FORM 990 WHERE NECESSARY AND A REVISED DRAFT WAS THEN FURNISHED BY THE CPA FIRM TO THE ORGANIZATION'S FINANCE PERSONNEL AND VARIOUS OTHER INDIVIDUALS FOR REVIEW AND APPROVAL PRIOR TO PRESENTATION OF THE FEDERAL FORM 990 TO THE MEMBERS OF THE ORGANIZATION'S FINANCE COMMITTEE. REVISIONS WERE THEN MADE TO THE DRAFT FEDERAL FORM 990 WHERE NECESSARY AND A FINAL DRAFT WAS FURNISHED BY THE CPA FIRM TO THE ORGANIZATION'S FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND AUDITED FS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G LOAN SERVICE FEE: PROGRAM SERVICE EXPENSES 619,002. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 619,002. FORM 990, PART XI, LINE 9: RECOVERY OF CREDIT LOSSES - FUNDED LOANS 368,120. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. CAPITAL FOR CHANGE INC 10 ALEXANDER DRIVE WALLINGFORD CT 06492 060842738 PROVIDE RESPONSIVE FINANCIAL SERVICES FOR INCLUSIVE &SUSTAINABLE COMMUNITIES CT 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0