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Nonprofiteer
← NEW BUILDINGS INSTITUTE INC

Form 990 for tax year 2022

Filed by NEW BUILDINGS INSTITUTE INC.

Totals

Total revenue
$5,957,566
Total expenses
$6,398,294
Contributions and grants received
$1,786,315
Grants paid
$0
Program service revenue
$4,147,665
Investment income
$21,365
Other revenue
$2,221
Total assets, end of year
$3,721,757
Total liabilities, end of year
$981,265
Net assets or fund balances, end of year
$2,740,492
Program services expenses (Part IX)
$5,532,193
Management and general expenses
$801,414
Fundraising expenses
$64,687
Program service expenses (Part III)
$5,532,193

Program services were 86.5% 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.

  • 1f · All other contributions, gifts and grants

    $1,786,315

  • 2a · Program service revenue: CONTRACT SERVICE FEES

    total $3,958,150 · related or exempt $3,958,150

  • 2b · Program service revenue: FORUM REGISTRATION FEE

    total $189,515 · related or exempt $189,515

  • 3 · Investment income

    total $21,365 · excluded $21,365

  • 11a · Other revenue: MISCELLANEOUS

    total $2,221 · excluded $2,221

  • 11e · Other revenue, total

    $2,221

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $241,875 · program services $199,212 · management and general $39,026 · fundraising $3,637

  • 7 · Other salaries and wages

    total $3,007,880 · program services $2,477,335 · management and general $485,321 · fundraising $45,224

  • 8 · Pension plan contributions

    total $135,230 · program services $111,378 · management and general $21,819 · fundraising $2,033

  • 9 · Other employee benefits

    total $266,955 · program services $219,868 · management and general $43,073 · fundraising $4,014

  • 10 · Payroll taxes

    total $272,347 · program services $224,309 · management and general $43,943 · fundraising $4,095

  • 11b · Fees: legal

    total $21,775 · management and general $21,775

  • 11c · Fees: accounting

    total $24,677 · management and general $24,677

  • 11g · Fees: other

    total $82,549 · program services $52,674 · management and general $29,664 · fundraising $211

  • 13 · Office expenses

    total $135,519 · program services $106,495 · management and general $28,306 · fundraising $718

  • 14 · Information technology

    total $55,513 · program services $46,439 · management and general $8,414 · fundraising $660

  • 16 · Occupancy

    total $93,256 · program services $75,592 · management and general $16,214 · fundraising $1,450

  • 17 · Travel

    total $97,030 · program services $82,089 · management and general $14,284 · fundraising $657

  • 22 · Depreciation, depletion and amortization

    total $13,187 · program services $10,886 · management and general $2,104 · fundraising $197

  • 23 · Insurance

    total $40,677 · program services $31,958 · management and general $8,140 · fundraising $579

  • 24a · Other expenses: PROJECT SUBCONTRACTORS

    total $1,280,029 · program services $1,280,029

  • 24b · Other expenses: PROJECT DIRECT COSTS

    total $594,992 · program services $594,992

  • 24e · All other expenses

    total $34,803 · program services $18,937 · management and general $14,654 · fundraising $1,212

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,876,608 · end of year $2,256,272

  • 3 · Pledges and grants receivable

    beginning of year $150,000 · end of year $175,000

  • 4 · Accounts receivable

    beginning of year $853,754 · end of year $925,422

  • 8 · Inventories for sale or use

    end of year $1,585

  • 9 · Prepaid expenses and deferred charges

    beginning of year $78,903 · end of year $64,623

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

    $101,238

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

    $69,801

  • 10c · Land, buildings and equipment, net

    beginning of year $42,066 · end of year $31,437

  • 15 · Other assets

    beginning of year $7,357 · end of year $267,418

  • 17 · Accounts payable and accrued expenses

    beginning of year $736,059 · end of year $592,442

  • 19 · Deferred revenue

    beginning of year $91,409 · end of year $124,827

  • 25 · Other liabilities

    beginning of year $0 · end of year $263,996

  • 27 · Net assets without donor restrictions

    beginning of year $2,611,342 · end of year $2,151,521

  • 28 · Net assets with donor restrictions

    beginning of year $569,878 · end of year $588,971

Mission and programs · 2022

Mission

WE ADVANCE BEST PRACTICES, CODES, AND POLICIES THROUGH MARKET LEADERSHIP, RESEARCH, GUIDANCE, AND TECHNICAL ADVOCACY TOWARD A BUILT ENVIRONMENT THAT EQUITABLY DELIVERS COMMUNITY BENEFITS AND CLIMATE SOLUTIONS.

  • LEADERSHIP AND MARKET DEVELOPMENT: NBI'S RESEARCH, CONVENINGS, EDUCATION, AND THOUGHT LEADERSHIP ON "GETTING TO ZERO" FOCUSES ON DRIVING SCALE IN BUILDING DECARBONIZATION INCLUDING ENERGY EFFICIENCY IMPROVEMENTS. DURING THE 2022-2023 FISCAL YEAR, NBI BROADENED ITS MARKET DEVELOPMENT AND ONGOING ENGAGEMENT WITH CRITICAL MARKET AUDIENCES THROUGH COLLABORATION AND PARTNERSHIP WITH PROFESSIONALS IN THE BUILDING INDUSTRY. NBI'S RESEARCH OFFERS PROOF AND PROVIDES EXAMPLES TO SHOW THAT NET ZERO ENERGY PERFORMANCE GOALS ARE ACHIEVABLE. SUCCESSES AND LESSONS LEARNED ARE SHARED WITH DESIGNERS AND OWNERS THROUGH ENERGY EFFICIENCY PROGRAMS AND ADVOCACY GROUPS. (CONTINUED ON SCH O)A LOW-CARBON SPECIFICATION THAT NBI DEVELOPED IS BEING USED BY A PACE FINANCING FIRM AS A PATHWAY FOR DEVELOPERS TO PURSUE CARBON REDUCTIONS IN THEIR PROJECTS. NBI HOSTED SEVERAL PUBLIC-FACING AWARENESS BUILDING EVENTS INCLUDING WEBINARS THAT TOUCHED THOUSANDS OF PEOPLE AND SOCIAL MEDIAL CAMPAIGNS THAT GARNERED OVER A MILLION IMPRESSIONS ON SOCIAL MEDIA. THESE EFFORTS WILL HELP BUILD INDUSTRY CAPABILITY TO DELIVER ON THE UPCOMING POLICIES CALLING FOR NET ZERO OUTCOMES IN BUILDINGS.

    Expenses $1,377,777 · Revenue $900,903

  • CODES AND POLICIES:ENERGY CODES CONTINUE TO BE A CRUCIAL LEVER IN TRANSFORMING MARKETS FOR HIGH PERFORMANCE BUILDINGS. NBI'S WORK IN THIS PROGRAM AREA INCLUDED STRENGTHENING MODEL BUILDING ENERGY CODES AND INCREASING THEIR USE AND USEFULNESS. WE ALSO WORKED ON DEVELOPING THE NECESSARY THOUGHT LEADERSHIP TO OVERCOME CRITICAL ISSUES THAT ARE HINDERING CODE ADVANCEMENT AND CREATE THE TECHNICAL BASIS FOR PROGRESSIVE CODE AND POLICY APPROACHES SUCH AS DECARBONIZED AND STRETCH CODES, AS WELL AS BUILDING PERFORMANCE STANDARDS. NBI WORKED DIRECTLY WITH LEADING LOCAL JURISDICTIONS TO IMPLEMENT THESE ADVANCED CODE AND POLICY STRATEGIES AS WELL AS TO DEVELOP CODE AND POLICY ROADMAPS. (CONTINUED ON SCH O)NBI ALSO WORKED TO SUPPORT THE EXPANSION OF CODES AND POLICY DEVELOPMENT TO TAKE A MORE HOLISTIC VIEW OF CLIMATE FOCUSING INCREASINGLY ON CARBON NEUTRALITY, HEALTH AND RESILIENCE. SEVERAL JURISDICTIONS ARE DEVELOPING ZERO ENERGY AND ZERO CARBON ROADMAPS THAT SET OBJECTIVES FOR EACH CODE CYCLE, MOVING STRINGENCY ALONG A PATH TO ULTIMATELY REACH THESE PERFORMANCE LEVELS. NBI WORKED SUCCESSFULLY AT THE NATIONAL LEVEL ON MODEL CODES AND STANDARDS, AND IN SEVERAL STATES AND CITIES INCLUDING CALIFORNIA, COLORADO, ILLINOIS AND NEW YORK.

    Expenses $2,267,925 · Revenue $1,904,143

  • BUILDING INNOVATION:NBI'S BUILDING INNOVATION PROGRAM FOCUSES ON TECHNICAL RESEARCH AND ANALYSIS TO ADVANCE EMERGING TECHNOLOGY AND BEST PRACTICES FOR ACCELERATING BUILDING DECARBONIZATION. THIS WORK ADVANCES PROGRAMS AND PRACTICES SEEKING TO ENHANCE ENERGY EFFICIENCY AND LOW CARBON OUTCOMES IN THE BUILT ENVIRONMENT AND DEVELOPS TOOLS AND GUIDANCE TO PROVIDE CRITICAL SUPPORT FOR BUILDING OWNERS, PRACTITIONERS, UTILITIES, GOVERNMENTS, AND OTHERS.EXAMPLES OF ACTIVITIES INCLUDE BUILDING SCIENCE RESEARCH, EMERGING TECHNOLOGY DEMONSTRATION AND VALIDATION, BEST PRACTICES GUIDANCE, TECHNICAL TOOLS, AND THOUGHT LEADERSHIP. KEY INITIATIVES UNDER THIS PROGRAM AREA INCLUDE THE GRIDOPTIMAL BUILDINGS INITIATIVE, (CONTINUED ON SCH O)FOCUSED ON BUILDING-GRID INTEGRATION, AND THE ADVANCED WATER HEATING INITIATIVE, FOCUSED ON HEAT PUMP WATER HEATER MARKET TRANSFOMRATION. IN THE 2022-2023 YEAR, NBI COLLABORATED WITH OVER HUNDREDS OF COMPANIES AND ORGANIZATIONS TO SUPPORT THESE INITIATIVES AND ADVANCE EQUITABLE BUILDING DECARBONIZATION FOR PEOPLE AND THE PLANET.

    Expenses $1,886,491 · Revenue $1,342,619

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Peter Turnbull

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Michael Colgrove

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Mark Maccracken

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Kathryn Wright

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Patrick Oshei

    GOVERNANCE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Mona Chandra

    EQUITY, DIVERSITY, AND INCLUSION OFFICER

    Total calculated
    $0
    Hours/week
    1
  • Melissa Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Fulya Kocak Gin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Goldstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Meg Jamison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Anica Landreneau

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Emily Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Susan Rochford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ralph Dinola

    CHIEF EXEC. OFFICER

    Total calculated
    $231,353
    From this org
    $198,212
    From related orgs
    $0
    Other
    $33,141
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,212
    Bonus
    $0
    Other
    $0
    Deferred
    $10,183
    Nontaxable benefits
    $22,958
    Filer's total
    $231,353
  • Smita Gupta

    DIRECTOR, BUILDING INNOVATION

    Total calculated
    $176,328
    From this org
    $171,117
    From related orgs
    $0
    Other
    $5,211
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,117
    Bonus
    $0
    Other
    $0
    Deferred
    $5,211
    Nontaxable benefits
    $0
    Filer's total
    $176,328
  • Stacey Hobart

    COMMUNICATIONS DIRECTOR

    Total calculated
    $185,656
    From this org
    $157,944
    From related orgs
    $0
    Other
    $27,712
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,944
    Bonus
    $0
    Other
    $0
    Deferred
    $8,238
    Nontaxable benefits
    $19,474
    Filer's total
    $185,656
  • Amy Cortese

    DIRECTOR, PROGRAMS

    Total calculated
    $167,773
    From this org
    $145,488
    From related orgs
    $0
    Other
    $22,285
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,488
    Bonus
    $0
    Other
    $0
    Deferred
    $7,414
    Nontaxable benefits
    $14,871
    Filer's total
    $167,773
  • Kim Cheslak

    DIRECTOR, CODES & POLICY

    Total calculated
    $164,927
    From this org
    $137,827
    From related orgs
    $0
    Other
    $27,100
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,827
    Bonus
    $0
    Other
    $0
    Deferred
    $7,052
    Nontaxable benefits
    $20,048
    Filer's total
    $164,927
  • Alexi Miller

    DIRECTOR, BUILDING INNOVATION

    Total calculated
    $160,207
    From this org
    $123,873
    From related orgs
    $0
    Other
    $36,334
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,873
    Bonus
    $0
    Other
    $0
    Deferred
    $6,803
    Nontaxable benefits
    $29,531
    Filer's total
    $160,207

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 · Independent compensation consultant
  • 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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202411369349308691

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