Climate Group Inc is located in New York, NY. The organization was established in 2005. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. As of 06/2021, Climate Group Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Climate Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Climate Group Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $3.5m during the year ending 06/2021. While expenses have increased by 14.4% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CLIMATE GROUP BRINGS TOGETHER NETWORKS OF INTERNATIONAL BUSINESSES AND GOVERNMENTS TO SHIFT MARKETS AND POLICIES TOWARD THE GOAL OF A WORLD OF NET ZERO CARBON EMISSIONS BY 2050, WITH GREATER PROSPERITY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2020-21 FISCAL YEAR, CLIMATE GROUP DROVE CLIMATE ACTION, FAST, CATALYZING A MARKET AND POLICY SHIFT TOWARD NET ZERO EMISSIONS BY 2050 DESPITE THE SECOND YEAR OF THE GLOBAL COVID-19 PANDEMIC. WE CONTINUED TO HAVE OUR STAFF WORK REMOTELY, WITH THE OCCASIONAL IN-PERSON MEETING, AND SURPASSED OUR PROGRAMMATIC AND FUNDRAISING GOALS. THE CLIMATE GROUP NORTH AMERICA SUSTAINED ITS WORK WITH BUSINESSES AND SUBNATIONAL GOVERNMENTS THROUGH OUR TRIED-AND-TRUE PEER-LEARNING MODEL AND OUR GLOBALLY RENOWNED SUMMITS, ALL OF WHICH WERE HELD ONLINE WITHOUT SACRIFICING QUALITY OR DEPTH OF ENGAGEMENT. UNDER2 THE UNDER2 COALITION HAS CONTINUED TO DRIVE INCREASED AMBITION AND ACTION FROM STATE AND REGIONAL GOVERNMENTS ON CLIMATE CHANGE, EVEN DURING A SECOND UNPRECEDENTED YEAR. THE UNDER2 COALITION HAS ADOPTED A REVISED MEMORANDUM OF UNDERSTANDING (MOU) TO ACHIEVE NET ZERO EMISSIONS BY 2050. IN THE UNITED STATES, THE COALITION WELCOMED 2 NEW MEMBERS, NEVADA AND MAINE, OUT OF 14 NEW MEMBERS WORLDWIDE. GLOBALLY, THE COALITION HIT A MILESTONE: REACHING A MEMBERSHIP OF OVER 260 GOVERNMENTS, REPRESENTING 50% OF THE GLOBAL ECONOMY AND OVER 1.75 BILLION PEOPLE. CLIMATE GROUP LAUNCHED THE FIRST UNDER2 COALITION LEADERSHIP AWARDS, OF WHICH QUEBEC WON FOR THE CATEGORY "CLIMATE PARTNERSHIPS" AND BRITISH COLUMBIA WON FOR "CREATIVE CLIMATE SOLUTIONS." THE UNDER2 COALITION LAUNCHED NET ZERO FUTURES, AN INITIATIVE TO MOBILIZE GLOBAL LEADERSHIP ON NET ZERO AMBITION, WHICH ENGAGED OVER 80 STATES AND REGIONS WORLDWIDE AND HIGHLIGHTED OVER 30 NET ZERO LEADERS, INCLUDING 6 US STATES. NEW YORK STATE AND WASHINGTON STATE ALSO LED PEER-LEARNING EXCHANGES THROUGH THE NET ZERO FUTURES DIALOGUE SERIES ON THE TOPICS OF EQUITY AND JUSTICE IN NET ZERO PLANNING AND DEVELOPING A DECARBONIZATION PATHWAY, RESPECTIVELY. ANOTHER HIGHLIGHT OF THE FISCAL YEAR ENDING JUNE 30, 2021 WAS THE LAUNCH OF THE FURTHER, FASTER, TOGETHER CAMPAIGN, SPEARHEADED BY WASHINGTON STATE, TO PROMOTE SHORT-TERM ACTIONS ACROSS KEY SECTORS. 68 STATE, REGIONAL, AND CITY GOVERNMENTS JOINED THIS CAMPAIGN. TO BETTER SUPPORT TRANSPARENCY OF CLIMATE ACTION AND AMBITION AMONG UNDER2 MEMBERS, CLIMATE GROUP LAUNCHED THE UNDER2 AMBITION TRACKER. 60 STATES AND REGIONS REPORTED THEIR CLIMATE ACTION THROUGH THE AMBITION TRACKER. IN NORTH AMERICA, CLIMATE GROUP CONTINUES TO FACILITATE CLIMATE DIALOGUES AMONG THE US, MEXICO, AND CANADA. CLIMATE GROUP NORTH AMERICA HELD 2 MEETINGS BRINGING TOGETHER MEMBERS ACROSS THE CONTINENT TO DISCUSS SHARED CHALLENGES AND OPPORTUNITIES RELATED TO SPECIFIC TOPICS, SUCH AS BUILDING RESILIENCE FOR SHARED ELECTRIC GRIDS. BUSINESS ACTIONS THE CLIMATE GROUP'S EV100 CONTINUES TO GROW, BOTH IN TERMS OF THE SHEER NUMBER OF MEMBERS AND ITS INFLUENCE ON A NATIONAL AND GLOBAL SCALE. THE EV100 INITIATIVE HAD 105 COMPANY MEMBERS GLOBALLY AS OF JUNE 30, 2021, UP FROM 68 THE PREVIOUS YEAR. NOTABLE NEW EV100 MEMBERS WITH A MAIN HEADQUARTERS IN NORTH AMERICA INCLUDE NATIONAL GRID, QUEBECOR, SIEMENS, AND NOVARTIS. IN FY21, EV100 CONTINUED TO GROW ACROSS THE US. WE NOW HAVE COMMITMENTS FOR OVER 2 MILLION VEHICLES FROM OUR MEMBERS, AND THERE ARE OVER 32,000 EVS ALREADY OPERATING ACROSS THE COUNTRY. SO FAR, 1109 CHARGING SITES HAVE BEEN COMMITTED, WHILST 246 LOCATIONS ARE ALREADY UP AND RUNNING WITH 2,466 CHARGING UNITS ACROSS THEM. THE BEGINNING OF THE BIDEN-HARRIS ADMINISTRATION OFFERED A NEW OPPORTUNITY TO ACCELERATE THE UPTAKE OF EVS IN THE US AND TO CAPITALIZE ON THE PROGRESS THAT OUR MEMBERS HAVE ALREADY MADE. IN MARCH 2021, WE LAUNCHED THE FIRST EV100 US POLICY PAPER, 'KEY POLICIES TO DRIVE THE ELECTRIC VEHICLE TRANSITION IN THE US', TO PUSH FOR 100% ZEV SALES FOR NEW PASSENGER VEHICLES, IDEALLY BY 2030. THIS YEAR SAW FEDERAL CLEAN CAR STANDARDS FOR VEHICLE MODEL YEARS 2023/2024-2026 ADOPTED, AND PRESIDENT BIDEN SIGNED AN EXECUTIVE ORDER TO ACHIEVE 50% ZEV SALES FOR NEW PASSENGER CARS AND TRUCK SALES BY 2030. EV100 POLICY WORK SUPPORTED THIS SUCCESS THROUGH A JOINT LETTER IN PARTNERSHIP WITH THE ZERO EMISSION TRANSPORT ASSOCIATION. THESE STANDARDS WILL HELP ACCELERATE THE ADVENT OF NEW EV MODELS BETWEEN 2023-2026. RE100 MEMBERSHIP CONTINUES TO RISE AND NOW STANDS AT 289 CORPORATE MEMBERS, AN INCREASE OF 20% OVER THE PREVIOUS FISCAL YEAR. OF THOSE MEMBERS, 159 SUBMITTED COUNTRY-LEVEL DATA TO RE100, WITH 100 OF THEM REPORTING A FOOTPRINT IN THE US, FOR A TOTAL OF OVER 36,568 GWH OF ANNUAL ELECTRICITY DEMAND IN THIS MARKET. OVERALL, THOSE 100 ARE MEETING 62% OF THEIR US DEMAND WITH RENEWABLE ELECTRICITY, INCLUDING 38 MEMBERS WHO REPORTED ACCOUNTING FOR 100% OF THEIR US ELECTRICITY NEEDS WITH RENEWABLES, OUT OF 59 COMPANIES TOTAL ACCOUNTING FOR THEIR ELECTRICITY NEEDS WITH RENEWABLES GLOBALLY. AS OF JUNE 30, 2021, THE CLIMATE GROUP'S GLOBAL EP100 INITIATIVE, DELIVERED IN PARTNERSHIP WITH THE ALLIANCE TO SAVE ENERGY, BRINGS TOGETHER 83 LEADING COMPANIES, A 22% INCREASE OVER MEMBERSHIP AT THE CLOSE OF THE PREVIOUS FISCAL YEAR. MOREOVER, ON AVERAGE, MEMBERS ARE 62% OF THE WAY TOWARD THEIR EP100 GOAL AND PER OUR EP100 PROGRESS AND INSIGHTS REPORT, THEY ARE REPORTING A 6.2% AVERAGE ANNUAL IMPROVEMENT IN ENERGY PRODUCTIVITY-TWICE THE PACE RECOMMENDED BY THE UNITED NATIONS. 3 IN 4 MEMBERS ARE ALSO AHEAD OF SCHEDULE FOR REACH 100% ENERGY PRODUCTIVITY. IN TERMS OF CARBON SAVINGS, TO DATE, MEMBERS HAVE AVOIDED RELEASING 328 MILLION METRIC TONS OF CO2E INTO THE ATMOSPHERE-MORE THAN FRANCE'S ANNUAL EMISSIONS. AND IN THE PAST YEAR ALONE, MEMBERS HAVE CURBED THE RELEASE OF 57 MILLION METRIC TONS OF CO2E-EQUIVALENT TO TAKING OVER 12 MILLION CARDS OFF THE ROAD FOR A YEAR. EP100 MEMBERS DEMONSTRATE THAT ENERGY PRODUCTIVITY IS ALSO GOOD BUSINESS, WITH $200 MILLION COMBINED COST SAVINGS ANNUALLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $510,396 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $129,147 |
All other contributions, gifts, grants, and similar amounts not included above | $2,478,116 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,117,659 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,142,770 |
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 | $1,481,633 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $217,208 |
Compensation of current officers, directors, key employees. | $54,302 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $923,052 |
Pension plan accruals and contributions | $28,424 |
Other employee benefits | $68,643 |
Payroll taxes | $94,200 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $85,183 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $174,570 |
Advertising and promotion | $0 |
Office expenses | $4,309 |
Information technology | $90,871 |
Royalties | $0 |
Occupancy | $26,577 |
Travel | $210 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $296,177 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,560 |
Insurance | $29,457 |
All other expenses | $0 |
Total functional expenses | $3,523,074 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,176,823 |
Savings and temporary cash investments | $31,100 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $327,374 |
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 | $89,136 |
Net Land, buildings, and equipment | $1,919 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,626,352 |
Accounts payable and accrued expenses | $151,525 |
Grants payable | $0 |
Deferred revenue | $754,635 |
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 | $462,216 |
Total liabilities | $1,368,376 |
Net assets without donor restrictions | $84,868 |
Net assets with donor restrictions | $173,108 |
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 | $1,626,352 |
Over the last fiscal year, we have identified 5 grants that Climate Group Inc has recieved totaling $266,983.
Awarding Organization | Amount |
---|---|
Mcknight Foundation Minneapolis, MN PURPOSE: TO RAISE MIDWESTERN STATES' CLIMATE AMBITION AND ACTION | $100,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: TO RAISE MIDWESTERN STATES' CLIMATE AMBITION AND ACTION | $100,000 |
United States Energy Foundation San Francisco, CA PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE. | $40,000 |
Partnership Project Inc Washington, DC PURPOSE: PROGRAM SUPPORT | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,983 |
Organization Name | Assets | Revenue |
---|---|---|
Massachusetts Bay Health Care Tr Fund Lexington, MA | $12,775,063 | $19,479,998 |
Save The Sound Inc New Haven, CT | $16,166,777 | $7,096,734 |
Madison Square Park Conservancy Inc New York, NY | $17,758,568 | $5,971,586 |
Climate Group Inc New York, NY | $1,626,352 | $3,142,770 |
Maliasili Initiatives Inc Essex Junction, VT | $4,153,598 | $3,854,064 |
Alexander Foundation Inc New York, NY | $78,432,916 | $6,451,996 |
Capital Resource Conservation And Development Inc Carlisle, PA | $207,381 | $1,125,341 |
Tourism Cares Inc Norwood, MA | $2,148,186 | $1,174,349 |
Ashoka Trust For Research In Ecology And The Environment Inc Belmont, MA | $896,848 | $1,011,869 |
Woolrich Outdoor Foundation New York, NY | $94,874 | $697,419 |
East Park Leadership And Conservation Center Philadelphia, PA | $16,580,928 | $408,539 |
Shore Fund Pittsburgh, PA | $7,746,765 | $1,226,932 |