Climate Action Reserve

Fiscal year ending 2024. Filed on January 29, 2025.

818 West 7th Street 202
Los Angeles, California 90017

Climate Action Reserve (EIN: 68-0477330) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Climate Action Reserve, a 501(c)(3) charitable organization, reported compensation for 8 out of 22 total employees. Among the employees shown here, the average compensation is $177,959. The highest compensated employee at Climate Action Reserve is Craig Ebert with fiscal year 2024 compensation of $299,916.

Revenue, expenses, and employee compensation

Revenue

$5,306,158

Expenses

$5,593,437

Employee compensation

$3,150,185
Revenue, expenses, and employee compensation over time

Mission Statement

TO DEVELOP, PROMOTE & SUPPORT INNOVATIVE, CREDIBLE MARKET-BASED CLIMATE (CON'T ON SCHEDULE O)CHANGE SOLUTIONS THAT BENEFIT ECONOMIES, ECOSYSTEMS AND SOCIETY. THE CLIMATE ACTION RESERVE WAS APPROVED BY THE CALIFORNIA AIR RESOURCES BOARD (ARB) IN 2012 TO SERVE AS AN OFFSET PROJECT REGISTRY IN ACCORDANCE WITH THE REGULATIONS IMPLEMENTING THE CALIFORNIA CAP-AND-TRADE PROGRAM. THE RESERVE HAS HAD MANY OF THE OFFSET PROJECTS IN ITS SYSTEM RECOGNIZED BY THE ARB FOR REWARDING EARLY ACTIONS TO REDUCE GREENHOUSE GAS EMISSIONS. FOUR RESERVE OFFSET PROTOCOLS HAVE BEEN ADOPTED AND TWO OTHERS ADAPTED BY ARB FOR USE IN THE COMPLIANCE OFFSET SYSTEM UNDER THE CAP-AND-TRADE PROGRAM.

Revisions to this organization profile

January 29, 2025:
2024 Climate Action Reserve 990 filed
January 15, 2024:
2023 Climate Action Reserve 990 filed
January 19, 2023:
2022 Climate Action Reserve 990 filed

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