Building Decarbonization Coalition
- Assets
- $13.7m
- Revenue
- $23.0m
- Investments
- $0.0
- Employees
- 51
- Location
- Lewes, DE
- Founding
- Data as of
- 12/2023
- EIN
- 85-4008764
Organization Overview
Building Decarbonization Coalition is located in Lewes, DE. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 12/2023, Building Decarbonization Coalition employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Decarbonization Coalition 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 12/2023, Building Decarbonization Coalition generated $23.0m in total revenue. All expenses for the organization totaled $14.9m during the year ending 12/2023. While expenses have increased by 73.6% per year over the past 3 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BUILDING DECARBONIZATION COALITION HARNESSES THE POWER OF COALITION TO FORGE PATHS TO UPGRADE AND POWER HOMES AND BUILDINGS WITH CLEAN ELECTRICITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BUILDING DECARBONIZATION COALITION ALIGNS CRITICAL STAKEHOLDERS ON A PATH TO TRANSFORM THE NATION'S BUILDINGS THROUGH CLEAN ENERGY, USING POLICY, RESEARCH, MARKET DEVELOPMENT AND PUBLIC ENGAGEMENT. THE BDC AND ITS MEMBERS ARE CHARTING THE COURSE TO ELIMINATE FOSSIL FUELS IN BUILDINGS TO IMPROVE PEOPLE'S HEALTH, CUT CLIMATE AND AIR POLLUTION, PRIORITIZE HIGH-ROAD JOBS, AND ENSURE THAT OUR COMMUNITIES ARE MORE RESILIENT TO THE IMPACTS OF CLIMATE CHANGE.BDC BELIEVES THAT TO CREATE LASTING, EQUITABLE, SYSTEMIC CHANGE, POLICYMAKERS, INDUSTRY, AND ADVOCATES NEED TO BE AT THE SAME TABLE CRAFTING POLICIES THAT BUILD THE ELECTRIFICATION MARKET IN PARALLEL WITH PHASING OUT GAS. INDUSTRY NEEDS REGULATORY CERTAINTY TO SHIFT PRODUCTION, SALES AND TRAINING PRACTICES; WORKERS DESERVE A FAIR AND RESPONSIBLE TRANSITION TO HIGH-ROAD CAREERS; AND LOW-INCOME AND EJ COMMUNITIES SHOULD NOT EXPERIENCE DISPLACEMENT RISKS OR ADDITIONAL ENERGY BURDEN. TO ACHIEVE ALL OF THIS AT THE SPEED AND SCALE NEEDED, DIVERSE GROUPS MUST WORK TOGETHER TO CRAFT INCLUSIVE POLICIES.BDC IS A COLLECTION OF ENERGY PROVIDERS, MANUFACTURERS, DESIGN AND CONSTRUCTION FIRMS, LOCAL GOVERNMENTS, REGIONAL COALITION LEADERS, AND NATIONAL NGOS, ALL COMMITTED TO ELIMINATING POLLUTION FROM THE BUILT ENVIRONMENT. THROUGH MARKET AND POLICY SOLUTIONS, THE BDC CONVENES DIVERSE STAKEHOLDERS AND CATALYZES FAST, FAIR ACTION TO ACCELERATE THE DEVELOPMENT OF ZERO-EMISSION HOMES AND BUILDINGS, AND ELIMINATE ONE OF THE LARGEST SOURCES OF CLIMATE POLLUTION: BURNING FOSSIL FUELS IN BUILDINGS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Panama Bartholomy President & Ed | OfficerTrustee | 40 | $217,172 |
David Rusenko Director | Trustee | 3 | $0 |
Devra Wang Director | Trustee | 3 | $0 |
Fong Wan Director | Trustee | 3 | $0 |
Janet Joseph Director | Trustee | 3 | $0 |
Mark Hall Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sunstone Strategies Consulting Marketing | 12/30/23 | $484,364 |
Joan Rosadovamos Consulting Consulting Recruiting | 12/30/23 | $291,900 |
Groundwork Data Consulting It | 12/30/23 | $205,770 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $85,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,152,848 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,237,848 |
| Total Program Service Revenue | $1,716,042 |
| Investment income | $13,132 |
| 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 | $22,967,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,590,000 |
| 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. | $2,057,809 |
| Compensation of current officers, directors, key employees. | $231,083 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,455,594 |
| Pension plan accruals and contributions | $136,135 |
| Other employee benefits | $434,513 |
| Payroll taxes | $412,647 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $70,691 |
| Fees for services: Accounting | $9,044 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,454,362 |
| Advertising and promotion | $8,597 |
| Office expenses | $115,589 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $296,927 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,200 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $27,048 |
| All other expenses | $49,923 |
| Total functional expenses | $14,903,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,268,627 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,883,020 |
| Accounts receivable, net | $432,588 |
| 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 | $138,238 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,722,473 |
| Accounts payable and accrued expenses | $302,366 |
| 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 | $0 |
| Total liabilities | $302,366 |
| Net assets without donor restrictions | $5,093,886 |
| Net assets with donor restrictions | $8,326,221 |
| 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 | $13,722,473 |
Grants Awarded
Over the last fiscal year, Building Decarbonization Coalition has awarded $3,590,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
REWIRING AMERICA PURPOSE: GRANT TO ADVANCE NATIONAL POLICY, MARKET AND WORKFORCE DEVELOPMENT. | $1,000,000 |
ROCKY MOUNTAIN INSTITUTE PURPOSE: GRANT TO ADVANCE NATIONAL POLICY, MARKET AND WORKFORCE DEVELOPMENT. | $1,000,000 |
SIERRA CLUB FOUNDATION PURPOSE: GRANT TO ADVANCE NATIONAL POLICY, MARKET AND WORKFORCE DEVELOPMENT. | $1,000,000 |
PEOPLE'S COLLECTIVE FOR ENVIRONMENTAL JUSTICE PURPOSE: EQUITY-LED BUILDING ELECTRIFICATION CAMPAIGNS | $60,000 |
THE LEADERSHIP COUNSEL FOR JUSTICE & ACCOUNTABILITY PURPOSE: EQUITY-LED BUILDING ELECTRIFICATION CAMPAIGNS | $130,000 |
HEAT PUMP NATION INC PURPOSE: TRANSFER OF FUNDS TO CORRECT ACCOUNT. | $400,000 |