Blue Investments For Nature Inc
- Assets
- $438.3m
- Revenue
- $80.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- Data as of
- 06/2022
- EIN
- 85-1228166
Organization Overview
Blue Investments For Nature Inc is located in Arlington, VA. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Investments For Nature Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE NATURE CONSERVANCY (TNC) BY FURTHERING TNC'S CONSERVATION MISSION
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLUE INVESTMENTS FOR NATURE, INC. (BIN) SUPPORTS TNC THROUGH ENTERING INTO FINANCIAL AND CONSERVATION AGREEMENTS WITH OTHER NATIONS AND NON-PROFITS.BIN HAS ENTERED INTO A DEBT CONVERSION TRANSACTION WITH THE GOVERNMENT OF BELIZE. AS PART OF THE TRANSACTION, BELIZE RETIRED EXISTING DEBT WITH NEW DEBT PROVIDED BY A DISREGARDED ENTITY OF BIN. AS PART OF THE TRANSACTION, BELIZE COMMITTED TO A NUMBER OF ENVIRONMENTAL AND FINANCING COMMITMENTS TO SUPPORT MARINE CONSERVATION AND PROTECTING AND MANAGING BELIZE'S ENVIRONMENTALLY SENSITIVE AREAS. THROUGH THIS PROJECT, BIN IS SUPPORTING BELIZE'S CONSERVATION OF OCEAN BIDOVERSITY PROTECTION ZONES, DESIGNATING PUBLIC LANDS WITH THE BELIZE BARRIER REEF RESERVE SYSTEM AS MANGROVE RESERVES, DEVELOPING INTEGRATED COASTAL ZONE MANAGEMENT PLANS, AND MORE. ADDITIONALLY, BIN MANAGES AN ACCOUNT OF INVESTMENTS, THE PRINCIPAL AND EARNINGS OF WHICH WILL BE DISTRIBUTED FOR CONSERVATION PURPOSES IN BELIZE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlotte Kaiser President & Director (thru 6/2022) | OfficerTrustee | 1 | $0 |
Jeff Schutes Treasurer & Director | OfficerTrustee | 1 | $0 |
Melissa Garvey VP & Director | OfficerTrustee | 1 | $0 |
Svetoslav Gatchev President & Director (as Of 6/2022) | OfficerTrustee | 1 | $0 |
Leah Carriere Secretary (as Of 6/2022) | Officer | 1 | $0 |
Stephen Valdes-Robles Secretary (thru 6/2022) | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $52,540,000 |
| Government grants | $25,278,097 |
| 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 | $77,818,097 |
| Total Program Service Revenue | $0 |
| Investment income | $2,548,074 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$454,132 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $80,184,333 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $164,567 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,000 |
| Fees for services: Other | $20,753 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,035,378 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,980,874 |
| All other expenses | $0 |
| Total functional expenses | $5,360,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,091,609 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,153,667 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $364,000,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,413,458 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $63,630,774 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $438,289,508 |
| Accounts payable and accrued expenses | $1,037,878 |
| 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 | $364,000,000 |
| Other liabilities | $10,510,000 |
| Total liabilities | $375,547,878 |
| Net assets without donor restrictions | $10,171,630 |
| Net assets with donor restrictions | $52,570,000 |
| 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 | $438,289,508 |