Americans For Carbon Dividends Inc is located in Washington, DC. The organization was established in 2018. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2022, Americans For Carbon Dividends Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Americans For Carbon Dividends Inc 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, Americans For Carbon Dividends Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $3.1m during the year ending 12/2022. 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 ADVANCE A CONSENSUS CLIMATE POLICY SOLUTION BY ADVOCATING FOR THE FEBRUARY 2020 BIPARTISAN CLIMATE ROADMAP, WHICH WAS DEVELOPED BY THE CLIMATE LEADERSHIP COUNCIL'S DIVERSE COALITION OF STAKEHOLDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND ADVOCACY THAT PROMOTES A CONSENSUS CLIMATE POLICY SOLUTION - CARBON DIVIDENDS PLAN. THE PLAN IS BASED ON THE PRINCIPLES OF FREE MARKETS AND LIMITED GOVERNMENT, AND OFFERS THE BEST HOPE FOR A MUCH-NEEDED BIPARTISAN CLIMATE BREAKTHROUGH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory I Bertelsen CEO | OfficerTrustee | 20 | $220,000 |
Dan Schnur Vice Chair | OfficerTrustee | 1 | $0 |
Mark Mckinnon Chair | OfficerTrustee | 1 | $0 |
Dominic Macklon Director | Trustee | 1 | $0 |
Kathleen Barron Director | Trustee | 1 | $0 |
Michael-Ann Matticoli Director, Finance And Accounting | Officer | 8 | $29,400 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ryan Costello Strategies Llc Program Mgmt/ Lobbying | 12/30/22 | $250,000 |
Fp1 Strategies Llc Strategic Consulting | 12/30/22 | $194,800 |
Neale Creek Llc Govt Relations/ Pol. Consulting | 12/30/22 | $110,000 |
Jim Massie And Partners Llc Advocacy Services | 12/30/22 | $150,000 |
George David Banks Battle Group Llc Strategic Consulting | 12/30/22 | $145,000 |
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 | $3,425,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,425,000 |
Total Program Service Revenue | $0 |
Investment income | $1,196 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $6,750 |
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 | $3,432,946 |
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. | $652,967 |
Compensation of current officers, directors, key employees. | $95,237 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $238,270 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,298 |
Payroll taxes | $53,889 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,673 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,640,228 |
Advertising and promotion | $162,200 |
Office expenses | $68 |
Information technology | $7,358 |
Royalties | $0 |
Occupancy | $222,125 |
Travel | $10,570 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $36,460 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,664 |
Insurance | $5,978 |
All other expenses | $0 |
Total functional expenses | $3,083,311 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $5,204,927 |
Pledges and grants receivable | $100,000 |
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 | $25,388 |
Net Land, buildings, and equipment | $5,921 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $345,239 |
Total assets | $5,681,475 |
Accounts payable and accrued expenses | $146,806 |
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 | $392,518 |
Total liabilities | $539,324 |
Net assets without donor restrictions | $5,042,151 |
Net assets with donor restrictions | $100,000 |
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 | $5,681,475 |