2025-11-17T17:09:22+00:00 2024-12-31 440160260 Forvis Mazars LLP 14221 Dallas Parkway Suite 400 Dallas TX 75254 990 2024-01-01 261339988 CalCef Innovations CALC 4159570167 2150 Allston Way 360 Berkeley CA 94704 Christina Borsum CFO 4159570167 2025-11-18 true true Andrew Gray P01517705 9727028262 2025-11-17 2024 2025-03-06 01:10:19Z New Energy Nexus Christina Borsum 2150 Allston Way 360 Berkeley CA 94704 13317609 false X WWW.NEWENERGYNEXUS.COM X 2007 CA GROW CLEAN ENERGY MARKETS AND ACCELERATE ADOPTION OF CLEAN ENERGY TECHNOLOGY IN EQUITABLE MANNER. 4 4 0 4 0 15808402 12275327 465380 781118 227899 260828 503 336 16502184 13317609 695033 115000 0 0 4822178 3468464 0 0 741727 6171196 8571738 11688407 12155202 4813777 1162407 23001145 27678109 2035988 5550545 20965157 22127564 OPTIMIZING THE CLEAN ENERGY TRANSITION - 100%+ CLEAN ENERGY ECONOMY FOR THE 100%. false false 7399896 115000 300075 CALCEF INNOVATIONS CONTINUED, UNDER THE BRAND NAME NEW ENERGY NEXUS, A DIVERSE GLOBAL NETWORK OF CLEAN ENERGY INCUBATORS AND ACCELERATORS, WHICH INCLUDED DEEP ENGAGEMENT WITH CLEAN ENERGY ENTREPRENEURS IN VARIOUS STAGES OF TECHNICAL AND MARKET READINESS IN INDONESIA, VIETNAM, PHILIPPINES, THAILAND AND CHINA AS WELL AS NEW YORK STATE AND RELATED TO SPECIAL INITIATIVES, SUCH AS CLIMATE COP28 IN DUBAI. 1366204 0 481043 CALCEF INNOVATIONS CONDUCTED MANY EDUCATIONAL EVENTS TO BRING TOGETHER STAKEHOLDERS OF THE CLEAN ENERGY SYSTEM TO ACCELERATE THE CLEAN ENERGY TRANSITION. THIS INCLUDED SIGNIFICANT YOUTH -FOCUSED AS WELL AS WORKFORCE FOCUSED INITIVATES IN IMPERIAL COUNTY, ECOSYSTEM BUILDING TO REDUCE FINANCIAL BARRIERS TO EV ADOPTION IN THE GLOBAL SOUTH, AS WELL AS PARTICIPATION IN NATIONAL INITIATIVES CENTERED AROUND LITHIUM SUPPLY CHAINS FOR STORAGE TECHNOLOGIES 545752 0 0 CALCEF INNOVATIONS FISCALLY SPONSORED SEVERAL PROJECTS THAT ARE CLOSELY MISSION-ALIGNED. 9311852 true true false false false false false false false false true false true true true false false false false true true false false false false false false true false true false false false false false false false false false false false false false false true true true true true false true X 20 0 true 0 false true AS SN BE UK CH false false false false false false false false false false X 4 4 false false false false false true false true false false false false false true true true true true true true false false CA DE DC FL MA MI NJ NY NC OH TX VA AR WA WI X X Grace Nitafan 4159570167 2150 Allston Way Suite 360 Berkley CA 94704 Ian Rogoff Chairman 3.0 4.0 X X 0 0 0 Jon Foster Secretary 3.0 4.0 X X 0 0 0 Chia-Lin Simmons Board Member 1.0 1.0 X 0 0 0 Michel Gelobter Board Member 1.0 1.0 X 0 0 0 Christina Borsum CFO 23.0 17.0 X 0 207783 13592 Danny Kennedy Executive Director END: 7/2024 23.0 17.0 X 0 129471 28332 Henri Van Eeghen CEO START: 8/2024 31.0 9.0 X 0 112485 7529 Grace Nitafan Controller 24.0 16.0 X 0 176109 15694 Rebecca Lee Managing Director of CA 7.0 33.0 X 0 217770 6533 Alisa Ahmadian Head of Partnerships, Events & Brand 5.0 35.0 X 0 115919 7518 Anne Sjolander Director of Individual Philanthropy 40.0 0.0 X 0 108569 11110 Jennifer Wang Director of Financial Innovation 33.0 0 X 0 124000 12458 Tristan Tremschnig Global Communications Director 31.0 9.0 X 0 150000 10747 0 1342106 113513 9 false true false Deel Inc 425 1st Street San Francisco CA 941054621 Consulting Services 795013 New Energy Nexus Shanghai Ltd Rm 4F 4th Fl Bldg 1 No 181 Lane 465 Zhenning Rd Changning Dis Shanghai CH 200050 Consulting Services 752862 PR Clean Energy Singapore Pte Ltd 312A Tanglin Rd 01-01 Singapore SN 247982 Consulting Services 330228 BPM LLP 2001 North Main Street Suite 360 Walnut Creek CA 94596 Consulting Services 247879 PT New Energy Nexus Indonesia GoWork Millennium Centennial Center 39th Fl JL Jend Sudiman Kav 25 Jakarta Selatan ID 12920ID Consulting Services 235487 11 2589713 9685614 12275327 Program and Advisory Services 541900 781118 781118 0 0 0 0 781118 260828 260828 0 0 0 0 Other Income 900099 336 336 0 0 0 0 336 13317609 781118 0 261164 X 115000 115000 0 0 2456298 1985971 284750 185577 82498 66701 9564 6233 673566 544593 78084 50889 256102 207064 29689 19349 33938 26833 7105 319391 43729 275662 5382708 3931532 1043858 407318 33485 28871 4588 26 259567 84259 173110 2198 123006 82941 40065 0 360987 223771 82374 54842 214431 201795 4272 8364 23300 5668 17632 Fiscal Sponsorships 1527724 1527724 Public Relations 119412 119412 License/Taxes/Fees 47674 26441 20835 398 Website 46657 41304 5353 79458 48243 24682 6533 12155202 9311852 2101623 741727 3367526 2972692 3771490 3437760 2904608 6489093 2697365 2761663 0 0 122946 147447 8316 3330 0 4986 0 9867185 8975350 270025 2889118 23001145 27678109 1452197 542748 146381 73838 0 437410 4933959 2035988 5550545 X 10226403 7610813 10738754 14516751 20965157 22127564 23001145 27678109 1162407 0 X false false false X 6080592 8189863 6956995 15808402 12275327 49311179 0 0 6080592 8189863 6956995 15808402 12275327 49311179 14791662 34519517 116827 135312 133229 227889 260828 874085 0 0 0 812 503 336 1651 50186915 2476374 0.68782 0.6204 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - , COLUMN B - , COLUMN C - 812.0, COLUMN D - 503.0, COLUMN E - 336.0, COLUMN F - 1651.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8316 3330 4986 4986 Ckers Capital Mauritius Limited Note Receivable 4288063 C Investment in Related Party 4687287 C 8975350 Intercompany Receivables 2749583 Security Deposit 139535 2889118 Federal Income Taxes Intercompany Payable 1237323 Deferred Liability 3696636 4933959 true North America (Canada & Mexico only) 0 1 Program Services CONSULTANT FOR PROGRAM SERVICES FOR NEW ENERGY NEXUS PROGRAM 53195 East Asia and the Pacific 0 40 Program Services CONSULTANT FOR PROGRAM SERVICES FOR NEW ENERGY NEXUS PROGRAM 1723849 Europe (Including Iceland and Greenland) 0 6 Program Services CONSULTANT FOR PROGRAM SERVICES FOR NEW ENERGY NEXUS PROGRAM 192960 Sub-Saharan Africa 1 1 Program Services,Grantmaking CONSULTANT FOR PROGRAM SERVICES FOR NEW ENERGY NEXUS PROGRAM 25000 South Asia 0 6 Program Services CONSULTANT FOR PROGRAM SERVICES FOR NEW ENERGY NEXUS PROGRAM 60519 Middle East and North Africa 0 6 Program Services CONSULTANT FOR PROGRAM SERVICES FOR NEW ENERGY NEXUS PROGRAM 256575 1 60 0 0 1 60 2312098 0 2312098 false false true false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds CalCEF has a procurement policy that includes due diligencing of vendors based on contract sizes. For non-profit vendors, it includes significant due diligence including recommendations from CalCEF's network as well as reference checks. false University of California Berkeley 1995 University Avenue Suite 400 Berkeley CA 947041070 946002123 501(c)(3) 10000 For research related to California's Zero Emission Vehicle (ZEV) industry New Energy Nexus Enventure 2150 Allston Way Ste 360 Berkeley CA 94704 843656302 501(C)(3) 105000 General Support 2 0 X X X X X X false false false false false false false false false Christina Borsum CFO 0 207783 0 0 0 0 0 6300 0 7292 0 221375 0 0 Danny Kennedy Executive Director END: 7/2024 0 129471 0 0 0 0 0 3884 0 24448 0 157803 0 0 Rebecca Lee Managing Director of CA 0 217770 0 0 0 0 0 6533 0 0 0 224303 0 0 Grace Nitafan Controller 0 176109 0 0 0 0 0 5383 0 10311 0 191803 0 0 Tristan Tremschnig Global Communications Director 0 150000 0 0 0 0 0 4500 0 6247 0 160747 0 0 Form 990, Part VI, Line 7a Members or stockholders electing members of governing body PER BY BAYLAWS, THE BOARD OF THE CALIFORNIA CLEAN ENERGY FUND ( DBA CALCEF VENTURES) APPOINTS THE BOARD MEMBERS OF THE ORGANIZATIONS. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body CALCEF INNOVATION'S GOVERNING BODY DID NOT DELEGATE AUTHORITY TO ACT ON ITS BEHALF TO ANY EXECUTIVE COMMITTE OR ANY OTHER SIMILAR COMMITTE. ACCORDINGLY, DOCUMENTATION DOES NOT EXIST BECAUSE NO SUCH COMMITTEES EXIST. Form 990, Part VI, Line 11b Review of form 990 by governing body THE CFO WILL REVIEW THE RETURN BEFORE IT IS FILED. Form 990, Part VI, Line 12c Conflict of interest policy ANNUAL DISCLOSURE BY DIRECTORS, CORPORATE OFFICERS, TOP MANAGEMENT, KEY EMPLOYEES; BOARD REVIEW AND DISPOSITION PER POLICY STANDARDS' DETAILED RECORDS. Form 990, Part VI, Line 15a Process to establish compensation of top management official CALIFORNIA CLEAN ENERGY FUND'S HR STAFF CONDUCTED A SALARY BENCHMARKING STUDY FOR THE CEO OVERSEEN BY A BOARD the board chair DURING THE FIRST HALF OF 2024. THE INSIGHTS FROM THIS BENCHMARKING STUDY WERE OVERLAID WITH MARKET INTELLIGENCE FROM THE INDEPENDENT RECRUITING FIRM RETAINED TO SOURCE A NEW CEO TO ARRIVE AT A PAY RANGE. THE FINAL SALARY WAS NEGOTIATED and approved by the board, TAKING INTO ACCOUNT THE RECRUITED CANDIDATES PRIOR WORK HISTORY IN THE CONTEXT OF SALARY RANGE. Form 990, Part VI, Line 15b Process to establish compensation of other employees CALIFORNIA CLEAN ENERGY FUND'S HR STAFF CONDUCTED A SALARY BENCHMARKING STUDY FOR THE CEO OVERSEEN BY A BOARD the board chair DURING THE FIRST HALF OF 2024. THE INSIGHTS FROM THIS BENCHMARKING STUDY WERE OVERLAID WITH MARKET INTELLIGENCE FROM THE INDEPENDENT RECRUITING FIRM RETAINED TO SOURCE A NEW CEO TO ARRIVE AT A PAY RANGE. THE FINAL SALARY WAS NEGOTIATED and approved by the board, TAKING INTO ACCOUNT THE RECRUITED CANDIDATES PRIOR WORK HISTORY IN THE CONTEXT OF SALARY RANGE. Form 990, Part VI, Line 19 Required documents available to the public IN 2024, CALCEF INNOVATIONS DID NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. Form 990, Part IX, Line 11g Other Fees Program Consultants - Total Expense: 3508464, Program Service Expense: 3508464, Management and General Expenses: , Fundraising Expenses: ; Consulting Development - Total Expense: 17000, Program Service Expense: 17000, Management and General Expenses: , Fundraising Expenses: ; Recruiting - Total Expense: 56557, Program Service Expense: , Management and General Expenses: 56557, Fundraising Expenses: ; Other Consultants - Total Expense: 1800687, Program Service Expense: 406068, Management and General Expenses: 987301, Fundraising Expenses: 407318; NEW ENERGY NEXUS NEW YORK LLC 1230 AVENUE OF THE AMERICAS 16TH FL NEW YORK NY 10020 833748816 SUPPORT DIVERSE CLEAN ENERGY ENTREPRENEURS IN NEW YORK NY 3711602 8414150 CALCEF INNOVATIONS NEW ENERGY NEXUS ASIA LLC 2150 ALLSTON WAY STE 360 BERKELEY CA 94704 843563761 SUPPORT DIVERSE CLEAN ENERGY ENTREPRENEURS IN SOUTH EAST ASIA DE 2907406 4500891 CALCEF INNOVATIONS CALIFORNIA CLEAN ENERGY FUND DBA CALCEF VENTURES 2150 ALLSTON WAY STE 360 BERKELEY CA 94704 770640000 MANAGE FUNDS TO ADDRESS CRITICAL GAPS IN THE CLEAN ENERGY MARKETPLACE CA 501(c)(4) NA false NEW ENERGY NEXUS ENVENTURE 2150 ALLSTON WAY STE 360 BERKELEY CA 94704 843656302 SUPPORT SOCIAL ENTERPRISES THAT DISTRIBUTE CLEAN ENERGY PRODUCTS CA 501(c)(3) CALCEF INNOVATIONS true NEW ENERGY NEXUS (INDONESIA 1) PTE LTD 8 MARINA VIEW 43-01 ASIA SQUARE TOWER 1 SINGAPORE SN 018960 INVESTMENT HOLDING COMPANY SN NEW ENERGY NEXUS ASIA LLC 1 true NEW ENERGY NEXUS ASIA PTE LTD 8 MARINA VIEW 43-01 ASIA SQUARE TOWER 1 SINGAPORE SN 018960 HOLDING COMPANY SN NEW ENERGY NEXUS ASIA LLC 0 1 true NEW ENERGY NEXUS SHANGHAI LTD ROOM 4F FLOOR 4 BLD 1 NO 181 465 ZHENNING RD CHANG NING DISTRICT SHANGHAI CH 200050 BUSINESS CONSULTING FOR RENEWABLE ENERGY CH NEW ENERGY NEXUS ASIA PTE LTD 1 true NEW ENERGY NEXUS VENTURES PTE LTD 8 MARINA VIEW 43-01 ASIA SQUARE TOWER 1 SINGAPORE SN 018960 INVESTMENT MANAGEMENT COMPANY SN NEW ENERGY NEXUS ASIA LLC 1 true NEW ENERGY NEXUS VIETNAM LLC FLOOR 10 MISS AO DAI BUILDING 21 NGUYEN TRUNG NGAN ST BEN NGHE WARD HO CHI MINH CITY VM 710000 CONSULTING FOR ENTREPRENEURSHIP VM NEW ENERGY NEXUS ASIA PTE LTD 1 true PT NEW ENERGY NEXUS INDONESIA GOWORK MILLENNIUM CENTENNIAL CENTER 39TH FL JLJEND SUDIMAN KAV 25 JAKARTA SELATAN DKI JAKARTA ID 12920 CONSULTING FOR ENTREPRENEURSHIP IN SUSTAINABILITY SECTOR ID NEW ENERGY NEXUS ASIA LLC 0.95 true false true false true false false false false false false false false true true true true false false false NEW ENERGY NEXUS ASIA PTE LTD D 85000 COST NEW ENERGY NEXUS VIETNAM LLC M 385553 FMV NEW ENERGY NEXUS VENTURES PTE LTD M 134158 FMV PT NEW ENERGY NEXUS INDONESIA M 234255 FMV NEW ENERGY NEXUS SHANGHAI M 752862 COST NEW ENERGY NEXUS ENVENTURE B 193800 COST