Green Electronics Council
- Assets
- $4.2m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 23
- Location
- Portland, OR
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 20-5090246
Organization Overview
Green Electronics Council, operating under the name Global Electronics Council, is located in Portland, OR. The organization was established in 2006. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. As of 12/2022, Global Electronics Council employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Electronics Council is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Global Electronics Council generated $3.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $4.3m during the year ending 12/2022. While expenses have increased by 3.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ACHIEVE A WORLD IN WHICH ONLY SUSTAINABLE IT PRODUCTS ARE DESIGNED, MANUFACTURED, AND PURCHASED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EPEAT PROGRAM: GEC MANAGES EPEAT, THE LEADING GLOBAL ECOLABEL FOR THE IT SECTOR. THE EPEAT PROGRAM IS RESPONSIBLE FOR THE INDEPENDENT VERIFICATION OF MANUFACTURERS' CLAIMS AGAINST EPEAT CRITERIA AND OVERSEES A NETWORK OF CONFORMITY ASSURANCE BODIES (CABS) TO ENSURE THE INTEGRITY OF THE EPEAT LABEL. THE EPEAT ONLINE REGISTRY LISTS THOSE PRODUCTS, FROM A BROAD RANGE OF MANUFACTURERS, THAT MEET THE EPEAT LIFE-CYCLE SUSTAINABILITY CRITERIA. THOUSANDS OF PRIVATE AND PUBLIC INSTITUTIONAL PURCHASERS AROUND THE WORLD USE EPEAT AS PART OF THEIR SUSTAINABLE PROCUREMENT PROGRAMS.
STANDARDS MANAGEMENT: GEC PROVIDES MANAGEMENT SUPPORT OF BALANCED VOLUNTARY CONSENSUS PROCESSES TO DEVELOP AND MAINTAIN THE LIFE-CYCLE SUSTAINABILITY CRITERIA UPON WHICH THE EPEAT ECOLABEL IS BASED. THESE PROCESSES ARE OPEN AND TRANSPARENT FOR ALL INTERESTED STAKEHOLDERS, INCLUDE A BALANCE OF INTERESTED AND AFFECTED TYPES OF STAKEHOLDERS, AND UTILIZE PROCEDURES TO PREVENT DOMINANCE BY ANY INTEREST, INDIVIDUAL OR ORGANIZATION. GEC PROVIDES PARTICIPANT OUTREACH, RESEARCH AND PROJECT MANAGEMENT SUPPORT FOR EACH EPEAT CRITERIA AND STANDARD DEVELOPMENT AND MAINTENANCE PROCESS.
EPEAT PURCHASER RELATIONSHIP MANAGEMENT: GEC ACTS AS THE FULCRUM POINT BETWEEN THOSE WHO BUY (INSTITUTIONAL PURCHASERS) AND THOSE WHO MAKE (INFORMATION TECHNOLOGY BRANDS). WE UNDERSTAND THAT BY DECIDING TO BUY SUSTAINABLE IT PRODUCTS, INSTITUTIONAL PURCHASERS CAN REALLY "MOVE THE NEEDLE" TOWARDS A MORE SUSTAINABLE WORLD. GEC IS PROUD TO SUPPORT INSTITUTIONAL PURCHASERS IN THEIR IMPLEMENTATION OF SUSTAINABLE PROCUREMENT AND ALONG WITH OUR FLAGSHIP PROGRAM EPEAT, WE PROVIDE ADDITIONAL TOOLS AND RESOURCES TO ASSIST INSTITUTIONAL PURCHASERS IN BUYING SUSTAINABLE IT PRODUCTS. THIS INCLUDES THE GEC PURCHASERS GUIDE SERIES, INDIVIDUAL GUIDANCE DOCUMENTS THAT EXPLAIN HOW TO ADDRESS SUSTAINABILITY CONCEPTS LIKE CIRCULAR ECONOMY, SUSTAINABLE DEVELOPMENT GOALS OR LABOR & HUMAN RIGHTS IN THE PROCUREMENT PROCESS WHILE STILL ACHIEVING A SUCCESSFUL PROCUREMENT; DIRECTIONS ON HOW PURCHASERS CAN GAIN CREDIT FOR THEIR SUSTAINABLE PROCUREMENT ACTIVITIES WHEN REPORTING TO ENTITIES SUCH AS GRI AND CDP; AND WEBINARS THAT EXPLAIN THE DIFFERENCES BETWEEN PUBLIC AND PRIVATE SECTOR SUSTAINABLE PROCUREMENT APPROACHES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Gillis Chief Executive Officer (through March 15, 2022) | Officer | 40 | $0 |
Carl Smith Acting Chief Executive Officer (eff. February 1, 2 | Officer | 40 | $166,375 |
Valerie Metzel Director Of Finance | Officer | 40 | $124,160 |
Patricia Dillon Vp, Criteria And Category Development | 40 | $166,522 | |
Alexander Dolan Senior Director, Global Marketing | 40 | $156,694 | |
Erica Logan Director, Sustainability Criteria Development | 40 | $126,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,836,214 |
| Investment income | $85,073 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$31,534 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,889,753 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $308,759 |
| Compensation of current officers, directors, key employees. | $47,852 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,412,274 |
| Pension plan accruals and contributions | $67,027 |
| Other employee benefits | $223,102 |
| Payroll taxes | $187,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,934 |
| Fees for services: Accounting | $19,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,336 |
| Fees for services: Other | $640,163 |
| Advertising and promotion | $0 |
| Office expenses | $33,315 |
| Information technology | $110,453 |
| Royalties | $0 |
| Occupancy | $1,700 |
| Travel | $46,695 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $67,002 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $140,094 |
| Insurance | $17,318 |
| All other expenses | $0 |
| Total functional expenses | $4,336,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $928,576 |
| Savings and temporary cash investments | $35,235 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $140,562 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $54,811 |
| Net Land, buildings, and equipment | $223,726 |
| Investments—publicly traded securities | $2,751,586 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $65,282 |
| Other assets | $0 |
| Total assets | $4,199,778 |
| Accounts payable and accrued expenses | $273,399 |
| Grants payable | $0 |
| Deferred revenue | $1,338,780 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,612,179 |
| Net assets without donor restrictions | $2,587,599 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,199,778 |