American Sustainable Business Institute Inc is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, American Sustainable Business Institute Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Sustainable Business Institute 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 12/2022, American Sustainable Business Institute Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 5.6% 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
THE MISSION OF AMERICAN SUSTAINABLE BUSINESS INSTITUTE IS TO ADVANCE PUBLIC POLICIES THAT FOSTER A VIBRANT, JUST, AND SUSTAINABLE ECONOMY. WE DO THIS IN TWO WAYS: FIRST, WE RESEARCH AND COMMUNICATE TO BUSINESSES, POLICY MAKERS, AND THE MEDIA HOW A SUSTAINABLE ECONOMY BASED ON BROAD PROSPERITY IS GOOD FOR BUSINESS AND GOOD FOR AMERICA. SECOND, WE PROVIDE A PLATFORM THAT ENABLES BUSINESSES AND BUSINESS ASSOCIATIONS TO ENGAGE EXECUTIVES, OWNERS, INVESTORS, ENTREPRENUERS, AND OTHER BUSINESS PROFESSIONALS IN THE PUBLIC DEBATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATIONS MEMBERSHIPASBI HAS GROWN TO REPRESENT AN EVEN GREATER DIVERSITY OF BUSINESS ORGANIZATIONS, WHICH COVER THE GAMUT OF LOCAL AND STATE CHAMBERS OF COMMERCE, MICROENTERPRISE, SOCIAL ENTERPRISE, GREEN AND SUSTAINABLE BUSINESS GROUPS, MAIN STREET, WOMEN BUSINESS LEADERS, ECONOMIC DEVELOPMENT AND ORGANIZATIONS. THE DIVERSITY OF SECTORS AND GEOGRAPHIES HAS ALSO INCREASED TREMENDOUSLY. BUILDING NEW BUSINESS ORGANIZATIONSBESIDES WORKING TO STRENGTHEN EXISTING MEMBER ORGANIZATIONS ASBI HAS ENDEAVORED TO BUILD NEW ORGANIZATIONS WHERE NONE EXISTED INCLUDING OHIO AND IOWA. WE ALSO HAVE WORKED TO BUILD STATEWIDE ASSOCIATIONS BRINGING TOGETHER BUSINESS ORGANIZATIONS TO BUILD A GREATER POWER IN THEIR STATE INCLUDING NORTH CAROLINA, NEW YORK AND KENTUCKY. OSHAASBI HAS SUBMITTED BUSINESS NOMINATIONS TO THE U.S. DEPARTMENT OF LABOR FOR THE NATIONAL ADVISORY COMMITTEE ON OCCUPATIONAL SAFETY AND HEALTH (NACOSH).ASBI HAS SUBMITTED TEN BUSINESS LEADERS TO PARTICIPATE IN THE OSHA SMALL BUSINESS REVIEW PANEL TO REVIEW THE INJURY AND ILLNESS PREVENTION PROGRAM.DEPARTMENT OF ENERGY COORDINATED WITH OUR BUSINESS SUPPORTERS, ASBI COORDINATED A SERIES OF MEETINGS WITH U.S. DEPARTMENT OF ENERGY, ENVIRONMENTAL PROTECTION AGENCY, AND OTHERS FROM THE WHITE HOUSE ON THE POTENTIAL FOR ADVANCING BIOBASED AND RENEWABLE CHEMICALS.COMMUNICATIONS AND MEDIA ASBI CONTINUES TO GARNER INCREASING PRESS COVERAGE. WE HAVE NOW REACHED THE CREDIBILITY LEVEL WHERE WE ARE REGULARLY CONTACTED BY MEDIA OUTLETS LIKE THE WASHINGTON POST, POLITICO, AND THE HILL FOR ACCESS TO OUR BUSINESS LEADERS. SOME OF THE SELECTED HIGHLIGHTS INCLUDE:WORKPLACE ISSUESASBI CONTINUED TO BUILD ITS BUSINESS SUPPORT FOR GOOD / SUSTAINABLE WORKPLACES. ASBI HAS ALSO PROVIDED IDENTIFICATION, OUTREACH, EDUCATION, AND ENGAGEMENT OF BUSINESS LEADERS ACROSS SECTORS AND ACROSS THE COUNTRY ON EARNED/PAID SICK DAYS AND MINIMUM WAGE. ASBI HAS BEGUN EXPLORATORY WORK TO UNDERSTAND THE LATEST TOOLS AND SYSTEMS BEING CREATED BY CUTTING EDGE BUSINESSES TO CREATE MORE DEMOCRATIC, HEALTHY AND SAFE WORK ENVIRONMENTS.SAFER CHEMICALS AND SUSTAINABLE MATERIALS: OUR EFFORTS FOCUSED ON MAKING THE JOBS, BUSINESS, AND GENERAL ECONOMIC CASE TO SUPPORT ENVIRONMENTAL HEALTH ISSUES FROM REGULATIONS OF HAZARDOUS CHEMICALS TO DRIVING TOWARD GREEN CHEMISTRY AND SUSTAINABLE MATERIALS. REGULATIONS: WE HAVE MOUNTED A STRONG EDUCATIONAL EFFORT IN SUPPORT OF GOOD REGULATIONS. OUR WORK FOCUSES ON MAKING THE CASE FOR WHY ENVIRONMENTAL REGULATIONS, PARTICULARLY CLEAN AIR AND WATER RULES, MAKE GOOD BUSINESS SENSE TO SMALL AND MIDSIZED COMPANIES. KEYSTONE PIPELINE: ASBI HAS EDUCATED SMALL AND MIDSIZED COMPANIES ABOUT THE ECONOMIC CASE OF CONSTRUCTION OF THE TRANSBORDER PIPELINE LINKING BUSINESS VOICED ENVIRONMENTAL HEALTH, ENVIRONMENTAL, AND ECONOMIC ARGUMENTS.
ORGANIZATIONS MEMBERSHIPASBI HAS GROWN TO REPRESENT AN EVEN GREATER DIVERSITY OF BUSINESS ORGANIZATIONS, WHICH COVER THE GAMUT OF LOCAL AND STATE CHAMBERS OF COMMERCE, MICROENTERPRISE, SOCIAL ENTERPRISE, GREEN AND SUSTAINABLE BUSINESS GROUPS, MAIN STREET, WOMEN BUSINESS LEADERS, ECONOMIC DEVELOPMENT AND ORGANIZATIONS. THE DIVERSITY OF SECTORS AND GEOGRAPHIES HAS ALSO INCREASED TREMENDOUSLY. BUILDING NEW BUSINESS ORGANIZATIONSBESIDES WORKING TO STRENGTHEN EXISTING MEMBER ORGANIZATIONS ASBI HAS ENDEAVORED TO BUILD NEW ORGANIZATIONS WHERE NONE EXISTED INCLUDING OHIO AND IOWA. WE ALSO HAVE WORKED TO BUILD STATEWIDE ASSOCIATIONS BRINGING TOGETHER BUSINESS ORGANIZATIONS TO BUILD A GREATER POWER IN THEIR STATE INCLUDING NORTH CAROLINA, NEW YORK AND KENTUCKY. OSHAASBI HAS SUBMITTED BUSINESS NOMINATIONS TO THE U.S. DEPARTMENT OF LABOR FOR THE NATIONAL ADVISORY COMMITTEE ON OCCUPATIONAL SAFETY AND HEALTH (NACOSH).ASBI HAS SUBMITTED TEN BUSINESS LEADERS TO PARTICIPATE IN THE OSHA SMALL BUSINESS REVIEW PANEL TO REVIEW THE INJURY AND ILLNESS PREVENTION PROGRAM.DEPARTMENT OF ENERGY COORDINATED WITH OUR BUSINESS SUPPORTERS, ASBI COORDINATED A SERIES OF MEETINGS WITH U.S. DEPARTMENT OF ENERGY, ENVIRONMENTAL PROTECTION AGENCY, AND OTHERS FROM THE WHITE HOUSE ON THE POTENTIAL FOR ADVANCING BIOBASED AND RENEWABLE CHEMICALS.COMMUNICATIONS AND MEDIA ASBI CONTINUES TO GARNER INCREASING PRESS COVERAGE. WE HAVE NOW REACHED THE CREDIBILITY LEVEL WHERE WE ARE REGULARLY CONTACTED BY MEDIA OUTLETS LIKE THE WASHINGTON POST, POLITICO, AND THE HILL FOR ACCESS TO OUR BUSINESS LEADERS. SOME OF THE SELECTED HIGHLIGHTS INCLUDE:WORKPLACE ISSUESASBI CONTINUED TO BUILD ITS BUSINESS SUPPORT FOR GOOD / SUSTAINABLE WORKPLACES. ASBI HAS ALSO PROVIDED IDENTIFICATION, OUTREACH, EDUCATION, AND ENGAGEMENT OF BUSINESS LEADERS ACROSS SECTORS AND ACROSS THE COUNTRY ON EARNED/PAID SICK DAYS AND MINIMUM WAGE. ASBI HAS BEGUN EXPLORATORY WORK TO UNDERSTAND THE LATEST TOOLS AND SYSTEMS BEING CREATED BY CUTTING EDGE BUSINESSES TO CREATE MORE DEMOCRATIC, HEALTHY AND SAFE WORK ENVIRONMENTS.SAFER CHEMICALS AND SUSTAINABLE MATERIALS: OUR EFFORTS FOCUSED ON MAKING THE JOBS, BUSINESS, AND GENERAL ECONOMIC CASE TO SUPPORT ENVIRONMENTAL HEALTH ISSUES FROM REGULATIONS OF HAZARDOUS CHEMICALS TO DRIVING TOWARD GREEN CHEMISTRY AND SUSTAINABLE MATERIALS. REGULATIONS: WE HAVE MOUNTED A STRONG EDUCATIONAL EFFORT IN SUPPORT OF GOOD REGULATIONS. OUR WORK FOCUSES ON MAKING THE CASE FOR WHY ENVIRONMENTAL REGULATIONS, PARTICULARLY CLEAN AIR AND WATER RULES, MAKE GOOD BUSINESS SENSE TO SMALL AND MIDSIZED COMPANIES. KEYSTONE PIPELINE: ASBI HAS EDUCATED SMALL AND MIDSIZED COMPANIES ABOUT THE ECONOMIC CASE OF CONSTRUCTION OF THE TRANSBORDER PIPELINE LINKING BUSINESS VOICED ENVIRONMENTAL HEALTH, ENVIRONMENTAL, AND ECONOMIC ARGUMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven Salsberg Director | OfficerTrustee | 40 | $0 |
Maryanne Howland Chairman | OfficerTrustee | 5 | $0 |
Michael Peck Secretary | OfficerTrustee | 5 | $0 |
David Levine Executive Dir. | Trustee | 40 | $0 |
Mitch Rofsky Treasurer | OfficerTrustee | 5 | $0 |
Jeffrey Hollender Director | Trustee | 2 | $0 |
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 | $2,424,516 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,424,516 |
Total Program Service Revenue | $0 |
Investment income | $6,749 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,304 |
Net Income from Fundraising Events | $38,566 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,606,151 |
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. | $319,147 |
Compensation of current officers, directors, key employees. | $47,877 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $560,278 |
Pension plan accruals and contributions | $29,770 |
Other employee benefits | $86,404 |
Payroll taxes | $72,946 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,034 |
Fees for services: Accounting | $56,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $30,558 |
Advertising and promotion | $52,712 |
Office expenses | $22,228 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $52,107 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,243 |
Insurance | $10,252 |
All other expenses | $10,597 |
Total functional expenses | $1,737,440 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,438,041 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $720,564 |
Accounts receivable, net | $0 |
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 | $3,302 |
Net Land, buildings, and equipment | $5,458 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $202,670 |
Total assets | $2,370,035 |
Accounts payable and accrued expenses | $43,155 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $433,691 |
Total liabilities | $476,846 |
Net assets without donor restrictions | $1,229,030 |
Net assets with donor restrictions | $664,159 |
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 | $2,370,035 |
Over the last fiscal year, American Sustainable Business Institute Inc has awarded $46,439 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CT SUSTAINABLE BUS COUNCIL | | | $10,840 |
NY SUSTAINABLE BUS COUNCIL | | | $35,599 |