C-Pace Alliance INC EIN 88-2492060

C-Pace Alliance INC

EIN  88-2492060 Business league / trade association Austin, TX Founded 2022
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Size
$100K–1M
What they do
Promotes clean energy financing for commercial buildings to lower costs and improve resilience.
Leadership
Leah Wiggs · Executive Director · $160K
Money in and out
$919K revenue, $995K expenses
Bottom line
-8% operating surplus

Promotes clean energy financing for commercial buildings to lower costs and improve resilience. For fiscal year 2025 it reported $919K in revenue, $995K in expenses, and $96K in net assets.Pt I

Membership & operating revenue · FY2025
Total revenue
$919K
Pt VIII · Ln 12
Total expenses
$995K
Pt IX · Ln 25
Net assets
$96K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$76K
Where spending went · Part IX cols B–D
Program services $0.46 Management & general $0.54
Operating surplus
-8%
revenue over expenses▼ -311% vs prior filing year
Earned revenue
100%
of revenue from program services & dues0% vs prior filing year
Payroll share
45%
of spending is salaries & benefits▼ -3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$919K
FY2025▲ +7%
Expenses
$995K
FY2025▲ +21%
Total assets
$741K
FY2025▼ -1%
Total liabilities
$646K
FY2025▲ +12%
Total revenue
$919K
Pt VIII · Ln 12
Total expenses
$995K
Pt IX · Ln 25
Net assets
$96K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$76K
Total assetsPt X · Ln 16$741K
Program-expense ratioPt IX · col B46%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2025.
01

Since its inception in 2018 CPA has published nine policy white papers on topics related to the C-PACE program design and operations. CPA organized an annual in-person industry meeting in July 2022 to discuss market developments and future initiatives.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CC-Pace Alliance INC
EINHdr · item D88-2492060
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2022
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFDec 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$159,852Pt VII · Sec A
Deputy Director
$120,017Pt VII · Sec A
Executive Director
$84,902Pt VII · Sec A

Leah Wiggs’s $160K as Executive Director is at the 92nd percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023
Cliff Kellogg$161,333$231,000
Leah Wiggs$159,852
Nichola Zuba$151,500
Nicholas Zuba$136,500
Nicholas Zuba$120,017
Clifton Kellogg$84,902

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue100%$919K
Total revenueLn 12$919K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.46 Management & general $0.54
Program services46%$455K
Management & general54%$540K
Total functional expensesLn 25$995K

Balance Sheet

Part X · end of year
CashLn 1$110K
Total assetsLn 16$741K
Total liabilitiesLn 26$646K
Total net assetsLn 32$96K
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $110K · Operating expenses/yr $995K
1.3 months
Where the money goes
Program services
Program services $455K · Total expenses $995K
46%
Management & General
Management & general $540K · Total expenses $995K
54%
Fundraising
Fundraising $0 · Total expenses $995K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $919K
0%
Government reliance
Government grants $0 · Total revenue $919K
0%
Earned-income share
Program service revenue $919K · Total revenue $919K
100%
Investment reliance
Investment income $0 · Total revenue $919K
0%
Program self-sufficiency
Program service revenue $919K · Total expenses $995K
92%
Growth & trend
Revenue growth (YoY)
This year $919K · Prior year $859K
+7%
Net-asset trend (YoY)
End of year $96K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $919K · Expenses $995K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $741K
Net-asset ratio
Net assets $96K · Total assets $741K
13%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $741K
0%
People & payroll
Highest Reported Total Compensation
Individual Leah Wiggs · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $160K · Total expenses $995K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $452K · Total expenses $995K
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 46%
Overhead ratio 54%
Revenue growth 7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$919K revenue · viewing · ⤓ 990 PDF
FY2024$859K revenue · ⤓ 990 PDF
FY2023$1.0M revenue · ⤓ 990 PDF
FY2022$684K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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