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Nonprofiteer
← WE MEAN BUSINESS COALITION INC

Form 990 for tax year 2024

Filed by WE MEAN BUSINESS COALITION INC.

Totals

Total revenue
$15,214,542
Total expenses
$18,605,856
Contributions and grants received
$15,132,733
Grants paid
$8,390,212
Program service revenue
$0
Investment income
$3,757
Other revenue
$78,052
Total assets, end of year
$21,819,433
Total liabilities, end of year
$8,860,826
Net assets or fund balances, end of year
$12,958,607
Program services expenses (Part IX)
$16,137,870
Management and general expenses
$1,898,017
Fundraising expenses
$569,969
Program service expenses (Part III)
$16,137,870

Program services were 86.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $210,880

  • 1f · All other contributions, gifts and grants

    $14,921,853

  • 3 · Investment income

    total $3,757 · excluded $3,757

  • 11a · Other revenue: REIMBURSEMENT

    total $70,535 · excluded $70,535

  • 11b · Other revenue: REFUND/REBATE

    total $7,517 · excluded $7,517

  • 11e · Other revenue, total

    $78,052

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,689,876 · program services $1,689,876

  • 3 · Grants to foreign organizations and individuals

    total $6,700,336 · program services $6,700,336

  • 5 · Compensation of officers, directors and key employees

    total $690,772 · program services $497,408 · management and general $193,364

  • 6 · Compensation of disqualified persons

    total $36,270 · management and general $36,270

  • 7 · Other salaries and wages

    total $3,817,730 · program services $3,135,957 · management and general $432,526 · fundraising $249,247

  • 8 · Pension plan contributions

    total $110,634 · program services $89,127 · management and general $11,017 · fundraising $10,490

  • 9 · Other employee benefits

    total $249,062 · program services $167,838 · management and general $73,318 · fundraising $7,906

  • 10 · Payroll taxes

    total $818,977 · program services $712,226 · management and general $78,785 · fundraising $27,966

  • 11b · Fees: legal

    total $161,717 · management and general $161,717

  • 11c · Fees: accounting

    total $73,987 · management and general $73,987

  • 11g · Fees: other

    total $2,433,025 · program services $1,876,077 · management and general $315,715 · fundraising $241,233

  • 12 · Advertising and promotion

    total $30,369 · program services $30,369

  • 13 · Office expenses

    total $54,651 · program services $7,792 · management and general $45,862 · fundraising $997

  • 14 · Information technology

    total $59,506 · program services $48,287 · management and general $8,365 · fundraising $2,854

  • 16 · Occupancy

    total $147,674 · program services $29,820 · management and general $110,849 · fundraising $7,005

  • 17 · Travel

    total $536,664 · program services $372,963 · management and general $154,678 · fundraising $9,023

  • 19 · Conferences, conventions and meetings

    total $3,228 · program services $728 · management and general $2,500

  • 23 · Insurance

    total $12,819 · program services $479 · management and general $12,340

  • 24a · Other expenses: EVENT EXPENSES

    total $666,195 · program services $643,714 · management and general $22,481

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $280,268 · program services $114,376 · management and general $156,241 · fundraising $9,651

  • 24c · Other expenses: TRAINING

    total $26,645 · program services $19,244 · management and general $3,804 · fundraising $3,597

  • 24d · Other expenses: OTHER DIRECT OPERATING

    total $5,451 · program services $1,253 · management and general $4,198

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $21,031,635 · end of year $19,543,002

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $521,411

  • 3 · Pledges and grants receivable

    beginning of year $3,453,027 · end of year $1,297,406

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,998 · end of year $109,392

  • 15 · Other assets

    beginning of year $757,853 · end of year $348,222

  • 17 · Accounts payable and accrued expenses

    beginning of year $501,770 · end of year $723,564

  • 19 · Deferred revenue

    beginning of year $8,101,099 · end of year $8,137,262

  • 27 · Net assets without donor restrictions

    beginning of year $4,657,315 · end of year $4,775,999

  • 28 · Net assets with donor restrictions

    beginning of year $12,004,329 · end of year $8,182,608

Mission and programs · 2024

Mission

THROUGH UNPRECEDENTED COLLABORATION, WE CATALYZE BUSINESS ACTION AND DRIVE AMBITIOUS POLICY TO HALVE EMISSIONS BY 2030 AND ACCELERATE AN INCLUSIVE TRANSITION TO A NET-ZERO ECONOMY BY 2050, AT THE LATEST.

  • GRANTS AND PARTNER WORKWE MEAN BUSINESS COALITION RECEIVES AND DISBURSES GRANT SUPPORT FROM OUR FUNDERS TO THE GRANTEES. THROUGHOUT THE FULL PROCESS OF GRANTING FUNDS, THE WMBC WORKS VERY CLOSELY WITH EACH STAKEHOLDER COMMUNITY TO EXECUTE THE COALITION'S STRATEGY - THE BOARD OF DIRECTORS, REGRANTS COMMITTEE, AND GRANTEES.

    Expenses $8,390,212 · Grants $8,390,212

  • COMMUNICATIONSTHE WMBC COMMUNICATIONS TEAM WORKS WITH A GRANTEES TO FOCUS ON THE DELIVERY OF THE COALITION COMMUNICATIONS STRATEGY, INCLUDING SHIFTING THE NARRATIVE ON BUSINESS AND CLIMATE CHANGE TO TELL INSPIRING STORIES OF SYSTEMS CHANGE, DELIVERING POWERFUL MESSAGES FROM BUSINESS TO POLICYMAKERS TO BOLSTER CLIMATE POLICY IN PRIORITY GEOGRAPHIES, AND SUPPORTING THE STRENGTHENING OF WHAT CORPORATE CLIMATE LEADERSHIP MEANS.

    Expenses $1,841,919

  • SME CLIMATE HUBTHE SME CLIMATE HUB (SME CH) IS A GLOBAL INITIATIVE OF THE WE MEAN BUSINESS COALITION, IN PARTNERSHIP WITH THE EXPONENTIAL ROADMAP INITIATIVE AND THE UN HIGH-LEVEL CHAMPIONS RACE TO ZERO CAMPAIGN, THAT HELPS SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) - THOSE WITH LESS THAN 500 EMPLOYEES - TO MAKE A CLIMATE COMMITMENT, TAKE ACTION, AND MEASURE THEIR PROGRESS TOWARDS EMISSIONS REDUCTIONS. ALL TOOLS AND RESOURCES ON THE SME CLIMATE HUB ARE FREE AND SPECIFICALLY EQUIP THE SME COMMUNITY TO TAKE CLIMATE ACTION. THE INITIATIVE IS ALSO THE KEY ENTRY POINT FOR SMES TO JOIN THE RACE TO ZERO CAMPAIGN - AN INTERNATIONAL CAMPAIGN THAT BRINGS TOGETHER AN UNPRECEDENTED COALITION OF REAL ECONOMY ACTORS AND 120 GOVERNMENTS COMMITTED TO ACHIEVE NET-ZERO EMISSIONS BY NO LATER THAN 2050.

    Expenses $1,316,004

  • PAVILION AND EVENTSTHE BUSINESS PAVILION AND GLOBAL EVENTS PROGRAM BY THE WE MEAN BUSINESS COALITION PROVIDES A HIGH-IMPACT PLATFORM FOR COMPANIES AND PARTNERS TO SHOWCASE CLIMATE LEADERSHIP, SHARE SOLUTIONS, AND DRIVE COLLABORATION AT MAJOR INTERNATIONAL FORUMS SUCH AS COP AND CLIMATE WEEK NYC. THE PROGRAM HAS SUCCESSFULLY CONVENED THOUSANDS OF BUSINESS AND POLICY LEADERS, AMPLIFYING CORPORATE CLIMATE COMMITMENTS AND ACCELERATING MOMENTUM TOWARD A NET ZERO, RESILIENT GLOBAL ECONOMY.

    Expenses $1,060,875

  • NET ZEROWMBC WORKS TO TO DRIVE BUSINESS MOBILIZATION BEHIND 1.5C AND NET ZERO AND MOVING FROM AMBITION TO ACTION. PROGRAMS TO DRIVE BUSINESS MOBILIZATION INCLUDE SBTI, THE CLIMATE PLEDGE, AND SME CLIMATE HUB.

    Expenses $1,040,352

  • SYSTEMS TRANSFORMATIONTHE COALITION HAS CREATED SYSTEMS-BASED TRANSFORMATION TEAMS TO BRING PARTNER AND WMBC SECRETARIAT STAFF TOGETHER TO FOCUS ON TRANSFORMATION OF SPECIFIC MARKET SYSTEMS. THE PURPOSE OF THE TRANSFORMATION TEAM'S IS TO CO-CREATE AND CO-DELIVER ON OUR SHARED STRATEGY AND ACCELERATE RADICAL COLLABORATION THROUGHOUT THE WMB COALITION. THE TEAMS ARE IMPACT FOCUSED, LEVERAGING OUR EXISTING STRENGTHS TO CREATE AN ALIGNED ECOSYSTEM TO ACHIEVE BOLD SYSTEMS TRANSFORMATION. THROUGH THE TEAMS, WE SHARE IDEAS AND KNOWLEDGE, FOSTER GREATER CONNECTIVITY AND COLLABORATION, AND IDENTIFY AND ADVANCE ON SHARED PROGRAMMATIC WORK FOR GREATER IMPACT.BY COORDINATING WORK ON CORPORATE ENGAGEMENT, ACTION, POLICY AND COMMUNICATIONS WITHIN SYSTEMS, THE TEAMS SEEK TO ENHANCE THE COALITION'S ABILITY TO DEVELOP AND IMPLEMENT STRATEGIES THAT WILL ACHIEVE "NORTH STAR" GOALS FOR EACH SYSTEM.

    Expenses $857,796

  • OTHER PROGRAMS: SCIENCE BASED TARGET INITIATIVES, POLICY, AND NATURE

    Expenses $1,630,712

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • SIR IAN CHESHIRE

    CHAIR

    Total calculated
    $0
    Hours/week
    7

  • DR CELINE HERWEIJER

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    7

  • MINDY LUBBER

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • PETER BAKKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • HELEN CLARKSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • ARON CRAMER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • AMBASSADOR PATRICIA ESPINOSA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • DR STEVE HOWARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • SHERRY MADERA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • ROBERTO MARQUES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • LEAH SELIGMANN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • SUPRIYA SEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • HALLA TOMASDOTTIR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • ELIOT WHITTINGTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • DR MARIA MENDILUCE

    CEO

    Total calculated
    $523,946
    From this org
    $497,497
    From related orgs
    $0
    Other
    $26,449
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $497,497
    Bonus
    $0
    Other
    $0
    Deferred
    $24,409
    Nontaxable benefits
    $2,040
    Filer's total
    $523,946

  • VANESSA SALINAS

    DIRECTOR, FINANCE

    Total calculated
    $193,364
    From this org
    $142,197
    From related orgs
    $0
    Other
    $51,167
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,197
    Bonus
    $0
    Other
    $0
    Deferred
    $2,156
    Nontaxable benefits
    $49,011
    Filer's total
    $193,364

  • ANDREW PRAG

    MANAGING DIRECTOR, POLICY

    Total calculated
    $274,576
    From this org
    $260,812
    From related orgs
    $0
    Other
    $13,764
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $260,812
    Bonus
    $0
    Other
    $0
    Deferred
    $11,814
    Nontaxable benefits
    $1,950
    Filer's total
    $274,576

  • RASMUS VALANKO MANAGING

    DIRECTOR, SYSTEMS TRANSFORMATION

    Total calculated
    $264,665
    From this org
    $264,665
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $263,660
    Bonus
    $0
    Other
    $1,005
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $264,665

  • JENNY AHLEN MANAGING

    DIRECTOR OF NET ZERO

    Total calculated
    $232,743
    From this org
    $177,540
    From related orgs
    $0
    Other
    $55,203
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,540
    Bonus
    $0
    Other
    $0
    Deferred
    $5,326
    Nontaxable benefits
    $49,877
    Filer's total
    $232,743

  • STEVEN CASEY

    DEPUTY DIRECTOR, GRANTS

    Total calculated
    $223,585
    From this org
    $176,700
    From related orgs
    $0
    Other
    $46,885
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,700
    Bonus
    $0
    Other
    $0
    Deferred
    $5,301
    Nontaxable benefits
    $41,584
    Filer's total
    $223,585

  • KRISTEN KING

    DEPUTY DIRECTOR, COMMUNICATIONS

    Total calculated
    $194,595
    From this org
    $166,200
    From related orgs
    $0
    Other
    $28,395
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,200
    Bonus
    $0
    Other
    $0
    Deferred
    $4,986
    Nontaxable benefits
    $23,409
    Filer's total
    $194,595

  • JANE JAGD

    DIRECTOR, NET ZERO FINANCE

    Total calculated
    $172,684
    From this org
    $156,873
    From related orgs
    $0
    Other
    $15,811
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,867
    Bonus
    $0
    Other
    $1,006
    Deferred
    $15,811
    Nontaxable benefits
    $0
    Filer's total
    $172,684

  • JOSH HARRIS

    DIRECTOR, COMMUNICATIONS &

    Total calculated
    $146,988
    From this org
    $139,244
    From related orgs
    $0
    Other
    $7,744
    Hours/week
    40

  • LUKE PRITCHARD

    DIRECTOR, BEYOND ALLIANCE

    Total calculated
    $175,695
    From this org
    $132,870
    From related orgs
    $0
    Other
    $42,825
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,870
    Bonus
    $0
    Other
    $0
    Deferred
    $4,136
    Nontaxable benefits
    $38,689
    Filer's total
    $175,695

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, PART VII, LINE 5:
THE FOLLOWING INDIVIDUALS LISTED IN PART VII, SECTION A, RECEIVED COMPENSATION FROM AN UNRELATED ORGANIZATION FOR SERVICES PERFORMED FOR THE FILING ORGANIZATION. THE COMPENSATION AMOUNTS BELOW INDICATE THE AMOUNT REPORTED IN PART VII, COLUMN D. NAME: MARIA MENDILUCE TITLE: CEO COMPENSATION (INCLUDING DEFERRED COMPENSATION AND NONTAXABLE BENEFITS): $523,946 PAID BY WE MEAN BUSINESS COALITION FOUNDATION NAME: ANDREW PRAG TITLE: MANAGING DIRECTOR, POLICY COMPENSATION (INCLUDING DEFERRED COMPENSATION AND NONTAXABLE BENEFITS): $274,576 PAID BY WE MEAN BUSINESS COALITION FOUNDATION

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202543219349308479

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