New York City Energy Efficiency Corporation

City-funded organization

The New York City Energy Efficiency Corporation (NYCEEC) is a 501(c)(3) nonprofit lender that makes loans and other financing available for energy efficiency, solar, storage, and electric-vehicle-charging projects, originally in NYC and now across the Northeast and Mid-Atlantic, per its own site. Its most recent IRS Form 990 (fiscal year ending June 2025, EIN 27-3731338) reports revenue of about $5.2 million and expenses of about $5.9 million, per ProPublica's Nonprofit Explorer. On Checkbook NYC, NYCEEC shows eight registered city contracts totaling about $60 million since 2010 (about $55 million paid to date), with the Department of Citywide Administrative Services (for administering a loan fund) and the Department of Environmental Protection (for contracts titled around "energy efficiency retrofit products/services/education"); Checkbook tags all eight as awarded without a fresh competitive bid (variously renewal, sole source, negotiated, or assignment), putting 100% of NYCEEC's total contract value, about $60 million, in that category.

Industry (per city contracts)
Professional Services
City contracts (active)
$2,725,927 · 1 contract
Awarded all-time
$59,506,325 · 8 since 2010, incl. expired
Paid to date
$54,744,234
Won without a fresh bid
100% of contract value · $59,506,325 · 8 contracts
Top officer pay (FY2024)
$305,250 · Jay Merves, Director. Of Business Dev., Treasurer
Based in
NY

Holds contracts at

City contracts

Registered city contracts, largest first by current contract value (not amount spent): running now, then registered to start later, then ended. Totals count every registered contract. Each line shows its Checkbook contract ID. The tag on each row is how it was awarded (“no-bid” = non-competitive).

Officer & key-staff pay

Reportable compensation from this organization's IRS Form 990 (Part VII), latest available filing (FY2024). Includes pay from related organizations where reported; an annual figure, not a running total. Source: ProPublica Nonprofit Explorer.

Officer pay over time

Total officer pay changed +16% from FY2020 to FY2024. Top-officer reportable compensation by year (org-paid only), with each year's share of total revenue. Source: ProPublica Nonprofit Explorer 990 filings.

Sources