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Nonprofiteer
← World Environment Center Inc

Form 990 for tax year 2022

Filed by World Environment Center Inc.

Totals

Total revenue
$1,052,115
Total expenses
$1,085,102
Contributions and grants received
$1,115,727
Grants paid
$35,377
Program service revenue
$0
Investment income
-$5,815
Other revenue
-$57,797
Total assets, end of year
$349,061
Total liabilities, end of year
$277,459
Net assets or fund balances, end of year
$71,602
Program services expenses (Part IX)
$712,850
Management and general expenses
$264,342
Fundraising expenses
$107,910
Program service expenses (Part III)
$712,850

Program services were 65.7% 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.

  • 1b · Membership dues

    $174,000

  • 1c · Fundraising events

    $123,944

  • 1e · Government grants (contributions)

    $330,353

  • 1f · All other contributions, gifts and grants

    $487,430

  • 3 · Investment income

    total $3,243 · excluded $3,243

  • 7a · Gross sales of assets other than inventory

    securities $37,180

  • 7b · Less cost or other basis and sales expenses

    securities $46,238

  • 7c · Gain or loss

    securities -$9,058

  • 7d · Net gain or loss

    total -$9,058 · excluded -$9,058

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $123,944

  • 8b · Fundraising events: direct expenses

    $57,797

  • 8c · Net income from fundraising events

    total -$57,797 · excluded -$57,797

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $35,377 · program services $35,377

  • 5 · Compensation of officers, directors and key employees

    total $348,771 · program services $207,759 · management and general $87,764 · fundraising $53,248

  • 7 · Other salaries and wages

    total $157,505 · program services $61,869 · management and general $51,777 · fundraising $43,859

  • 8 · Pension plan contributions

    total $10,138 · program services $3,979 · management and general $3,334 · fundraising $2,825

  • 9 · Other employee benefits

    total $2,534 · program services $1,343 · management and general $701 · fundraising $490

  • 10 · Payroll taxes

    total $29,346 · program services $14,231 · management and general $9,917 · fundraising $5,198

  • 11c · Fees: accounting

    total $31,545 · management and general $31,545

  • 11g · Fees: other

    total $187,450 · program services $183,727 · management and general $3,723

  • 12 · Advertising and promotion

    total $8,793 · program services $1,200 · management and general $7,500 · fundraising $93

  • 13 · Office expenses

    total $21,307 · program services $14,248 · management and general $7,058 · fundraising $1

  • 14 · Information technology

    total $13,248 · management and general $13,248

  • 16 · Occupancy

    total $30,512 · management and general $30,512

  • 17 · Travel

    total $60,675 · program services $59,475 · management and general -$334 · fundraising $1,534

  • 19 · Conferences, conventions and meetings

    total $2,728 · program services $2,632 · management and general $77 · fundraising $19

  • 22 · Depreciation, depletion and amortization

    total $2,189 · management and general $2,189

  • 23 · Insurance

    total $9,024 · management and general $9,024

  • 24a · Other expenses: LOCAL COUNTRY COORDIN.

    total $128,245 · program services $123,245 · management and general $5,000

  • 24b · Other expenses: PAYROLL PROCESSING

    total $3,324 · program services $1,761 · management and general $920 · fundraising $643

  • 24c · Other expenses: FACILITIES & EQUIPMENT

    total $1,419 · program services $1,419

  • 24d · Other expenses: SUBSCRIPTIONS/PUBS

    total $788 · program services $585 · management and general $203

  • 24e · All other expenses

    total $184 · management and general $184

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $55,343 · end of year $42,873

  • 3 · Pledges and grants receivable

    beginning of year $106,353 · end of year $157,648

  • 4 · Accounts receivable

    beginning of year $47,580 · end of year $21,580

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

    $68,960

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

    $68,960

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $32,926 · end of year $989

  • 15 · Other assets

    beginning of year $2,582 · end of year $125,971

  • 17 · Accounts payable and accrued expenses

    beginning of year $129,591 · end of year $131,626

  • 25 · Other liabilities

    beginning of year $21,751 · end of year $145,833

  • 27 · Net assets without donor restrictions

    beginning of year $4,472 · end of year -$223,992

  • 28 · Net assets with donor restrictions

    beginning of year $88,970 · end of year $295,594

Mission and programs · 2022

Mission

WEC IS A GLOBAL, NON-PROFIT, NON-ADVOCACY ORGANIZATION WHOSE MISSION IS TO ADVANCE SUSTAINABLE DEVELOPMENT THROUGH THE BUSINESS STRATEGIES AND OPERATIONS OF MEMBER COMPANIES IN PARTNERSHIP WITH GOVERNMENT, NON-GOVERNMENTAL ORGANIZATIONS AND OTHER STAKEHOLDERS.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • WEC CAPACITY BUILDING PROGRAM IN CENTRAL AND SOUTH AMERICA CONTRIBUTES TO SUSTAINABLE DEVELOPMENT BY PROVIDING COOPERATIVE PROJECTS, TRAINING AND TECHNOLOGY SOLUTIONS THAT ENHANCE THE ABILITY OF INDUSTRY, GOVERNMENT AND ENVIRONMENTAL ORGANIZATIONS TO PROTECT AND IMPROVE THE ENVIRONMENT WHILE STRENGTHENING ECONOMIC DEVELOPMENT. THESE PROGRAMS ARE OFTEN FUNDED THROUGH GOVERNMENT GRANTS AND/OR WEC'S CORPORATE MEMBERS. THIS CATEGORY INCLUDES ALL WEC SUPPLY CHAIN PROJECTS. THIS CATEGORY ALSO INCLUDES UNEP GRANTS THAT DISCUSSES STRENGTHENING ACTIONS TO ACHIEVE THE SUSTAINABLE DEVELOPMENT GOALS TO HELP THE ENVIRONMENT.

    Expenses $491,246 · Grants $35,377

  • SERVICES PROVIDED BY WEC TO ALL MEMBERS IN GENERAL, INCLUDING INTERNATIONAL MEMBERSHIP ROUNDTABLES AND SUSTAINABILITY FORUMS. THESE SERVICES PROVIDE SENIOR LEVEL HSE, CSR AND SUSTAINABLE DEVELOPMENT EXECUTIVES IN MULTINATIONAL CORPORATIONS WITH AN EXCHANGE OF INFORMATION, EXPERTISE AND A WORLDWIDE NETWORK OF CONTACTS TO PROMOTE THE SHARED MISSION OF WEC AND MEMBER COMPANIES.

    Expenses $106,889

  • THIS PROGRAM COMPRISES SPECIAL/AD HOC ACTIVITIES THAT SUPPORT WEC IN ACHIEVING ITS MISSION.

    Expenses $114,715

As filed on the 2022 return.

Listed in Part VII

  • Glenn Prickett

    PRESIDENT & CEO

    Total calculated
    $318,857
    From this org
    $287,194
    From related orgs
    $0
    Other
    $31,663
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,194
    Bonus
    $0
    Other
    $0
    Deferred
    $15,171
    Nontaxable benefits
    $16,492
    Filer's total
    $318,857
  • Emilio Tenuta

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Eunice Heath

    VICE-CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Sheryl Telford

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Cristina Gil White

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Isabel Studer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Donna Venable

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Karen Westley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kris Morico

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lars Murawski

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Exequiel Rolan Michel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Zoe Haseman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kevin Butt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Laurent Hopkins

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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 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

No itemized grants to organizations 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.

  • WORLD ENVIRONMENT CENTER EUROPE EV

    501(C)(3) · BUSINESS SOLUTIONS FOR SUSTAINABLE DEVELOPMENT · GM · controlled entity

    Directly controlled by WORLD ENVIRONMENT CENTER

Provenance

Return type
form_990
Tax year
2022
Filed
1 April 2024
IRS schema version
2022v5.0
Source object
202400929349300205

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