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Nonprofiteer
← CLIMATE GROUP INC

Form 990 for tax year 2023

Filed by CLIMATE GROUP INC.

Totals

Total revenue
$5,868,346
Total expenses
$5,738,535
Contributions and grants received
$4,919,869
Grants paid
$1,961,890
Program service revenue
$944,833
Investment income
$0
Other revenue
$3,644
Total assets, end of year
$1,163,198
Total liabilities, end of year
$1,351,768
Net assets or fund balances, end of year
-$188,570
Program services expenses (Part IX)
$4,613,921
Management and general expenses
$1,045,685
Fundraising expenses
$78,929
Program service expenses (Part III)
$4,613,921

Program services were 80.4% 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.

  • 1d · Related organizations

    $245,640

  • 1e · Government grants (contributions)

    $30,695

  • 1f · All other contributions, gifts and grants

    $4,643,534

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $944,833 · related or exempt $944,833

  • 11d · All other revenue

    total $3,644 · excluded $3,644

  • 11e · Other revenue, total

    $3,644

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $189,228 · program services $189,228

  • 3 · Grants to foreign organizations and individuals

    total $1,772,662 · program services $1,772,662

  • 5 · Compensation of officers, directors and key employees

    total $233,441 · program services $139,223 · management and general $83,427 · fundraising $10,791

  • 7 · Other salaries and wages

    total $1,129,372 · program services $673,553 · management and general $403,612 · fundraising $52,207

  • 8 · Pension plan contributions

    total $33,919 · program services $20,229 · management and general $12,122 · fundraising $1,568

  • 9 · Other employee benefits

    total $101,820 · program services $60,725 · management and general $36,388 · fundraising $4,707

  • 10 · Payroll taxes

    total $109,780 · program services $65,472 · management and general $39,233 · fundraising $5,075

  • 11b · Fees: legal

    total $33,929 · management and general $33,929

  • 11c · Fees: accounting

    total $26,182 · management and general $26,182

  • 11g · Fees: other

    total $64,702 · program services $60,000 · management and general $4,702

  • 12 · Advertising and promotion

    total $6,380 · program services $6,380

  • 13 · Office expenses

    total $10,725 · program services $54 · management and general $10,630 · fundraising $41

  • 14 · Information technology

    total $281,550 · program services $31,956 · management and general $249,594

  • 16 · Occupancy

    total $51,758 · program services $16 · management and general $51,742

  • 17 · Travel

    total $76,022 · program services $51,753 · management and general $21,471 · fundraising $2,798

  • 19 · Conferences, conventions and meetings

    total $1,530,511 · program services $1,530,264 · management and general $247

  • 22 · Depreciation, depletion and amortization

    total $1,146 · management and general $1,146

  • 23 · Insurance

    total $24,394 · program services $11,297 · management and general $13,097

  • 24a · Other expenses: BAD DEBT

    total $30,000 · management and general $30,000

  • 24e · All other expenses

    total $31,014 · program services $1,109 · management and general $28,163 · fundraising $1,742

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $437,907 · end of year $420,800

  • 3 · Pledges and grants receivable

    beginning of year $20,256 · end of year $65,695

  • 4 · Accounts receivable

    beginning of year $471,000 · end of year $563,333

  • 9 · Prepaid expenses and deferred charges

    beginning of year $277,542 · end of year $111,797

  • 10a · Land, buildings and equipment: cost or other basis

    $7,143

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,570

  • 10c · Land, buildings and equipment, net

    beginning of year $1,667 · end of year $1,573

  • 17 · Accounts payable and accrued expenses

    beginning of year $161,568 · end of year $198,220

  • 19 · Deferred revenue

    beginning of year $902,584 · end of year $597,751

  • 25 · Other liabilities

    beginning of year $462,601 · end of year $555,797

  • 27 · Net assets without donor restrictions

    beginning of year -$463,551 · end of year -$455,034

  • 28 · Net assets with donor restrictions

    beginning of year $145,170 · end of year $266,464

Mission and programs · 2023

Mission

CLIMATE GROUP BRINGS TOGETHER NETWORKS OF INTERNATIONAL BUSINESSES AND GOVERNMENTS TO SHIFT MARKETS TOWARD THE GOAL OF A WORLD OF NET ZERO CARBON EMISSIONS BY 2050, WITH GREATER PROSPERITY FOR ALL.

  • CLIMATE WEEK NYC 2023 CONTINUED TO BREAK RECORDS FOR ATTENDANCE AND CITY-WIDE EVENTS. THIS YEAR, THE TOTAL NUMBER OF EVENTS REGISTERED DOUBLED FROM LAST YEAR.ENERGY PROGRAM: WE HELP TO ACCELERATE THE CLEAN ENERGY TRANSITION BY ENCOURAGING BUSINESSES, STATES AND REGIONS TO SOURCE RENEWABLE ELECTRICITY. THIS SENDS A STRONG DEMAND SIGNAL TO UTILITY COMPANIES, GOVERNMENTS AND POLICYMAKERS TO REMOVE POLICY AND OTHER BARRIERS TO CORPORATE ACCESS TO RENEWABLES, INCREASE SUPPLY AND PROMOTE A LEVEL PLAYING FIELD WITH FOSSIL FUELS. - RE100: A GLOBAL GROUP OF OVER 400 INFLUENTIAL BUSINESSES IN 120 MARKETS COMMITTED TO USING 100% RENEWABLE ELECTRICITY BY 2050 AT THE VERY LATEST. - ITS PURPOSE IS TO ACCELERATE CHANGE TOWARDS ZERO CARBON GRIDS AT SCALE MEMBERS REPORT CONSUMING 50% RENEWABLE ELECTRICITY. - THE DEMAND FOR RENEWABLE ELECTRICITY FROM RE100 MEMBERS IS GREATER THAN THE ELECTRICITY DEMAND OF FRANCE (OR PICK STATE/REGION/GEOGRAPHY THAT WILL WORK BEST IN YOUR MARKET, IN COORDINATION WITH THE TRANSPORT TEAM). - UNDER2 COALITION: 11 MEMBERS OF THE UNDER2 COALITION HAVE AMBITIOUSLY PLEDGED TO REACH 100% ZERO-CARBON ELECTRICITY BY 2040, INSTEAD OF 2050.WE CONTINUED TO EXPAND OUR EV100 AND EV100+ PROGRAMS: ELECTRIFYING ROAD TRANSPORT OFFERS A MAJOR SOLUTION IN CUTTING MILLIONS OF TONS OF GREENHOUSE GAS EMISSIONS PER YEAR, AS WELL AS CURBING TRANSPORT RELATED AIR AND NOISE POLLUTION. WE'RE MAKING ELECTRIC TRANSPORT THE NEW NORMAL BY USING THE MARKET POWER AND POLICY INFLUENCE OF BUSINESSES, STATES AND REGIONS TO DRIVE THE MASS UPTAKE OF ELECTRIC VEHICLES (EVS). - EV100: A GLOBAL GROUP OF OVER 120 BUSINESSES IN 117 MARKETS COMMITTED TO ELECTRIFYING THEIR FLEETS AND/OR INSTALLING EV CHARGING COMPANY-WIDE BY 2030. TO DATE, THEY HAVE PUT WELL OVER 600,000 EVS ON THE ROAD AND INSTALLED OVER 31,000 CHARGING POINTS. BUSINESSES ARE THE BIGGEST SINGLE BUYERS OF CARS AND COMMERCIAL VEHICLES. - EV100+: LAUNCHED AT CLIMATE WEEK NYC IN SEPTEMBER 2022, OUR GLOBAL INITIATIVE BRINGS TOGETHER COMPANIES, INCLUDING IKEA, UNILEVER, JSW STEEL LIMITED, A.P. MOLLER MAERSK, PROLOGIS AND GEOPOST, WHO ARE COMMITTED TO SWITCHING THEIR OWNED AND CONTRACTED FLEETS OF VEHICLES ABOVE 7.5 TONS, KNOWN AS MEDIUM- AND HEAVY-DUTY VEHICLES (MHDVS), TO ZERO EMISSION BY 2040 ACROSS OECD MARKETS, INDIA AND CHINA. - ZEV COMMUNITY: THROUGH THE UNDER2 COALITION'S ZEV COMMUNITY, WE HAVE ENGAGED AND BROUGHT TOGETHER OVER 120 SUBNATIONAL AND NATIONAL GOVERNMENTS TO SHARE POLICY INSIGHTS.

    Expenses $4,613,921 · Grants $1,961,890 · Revenue $944,833

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • William Ritter Jr

    CHAIR & PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Douglas Lawrence

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Gary Doer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mary Nichols

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Gracer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ariane De Vienne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joseph Kinard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Helen Clarkson

    DIRECTOR & CEO OF RELATED ENTITY

    Total calculated
    $0
    Hours/week
    1
  • Angela Barranco

    EXECUTIVE DIRECTOR

    Total calculated
    $227,846
    From this org
    $227,846
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,846
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $227,846
  • Kemal Kelly

    HEAD OF IT

    Total calculated
    $132,875
    From this org
    $121,978
    From related orgs
    $0
    Other
    $10,897
    Hours/week
    40
  • Adam Lake

    HEAD OF COMMUNICATIONS

    Total calculated
    $115,917
    From this org
    $108,177
    From related orgs
    $0
    Other
    $7,740
    Hours/week
    40

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 · Form 990 of other organizations
  • 3 · Written employment contract
  • 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

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • THE CLIMATE CHANGE ORGANISATION

    WORKS TOWARDS A GOAL OF ZERO CARBON EMISSIONS THROUGH ITS NETWORK ACTIONS. · UK

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202501359349306280

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