Green Building Initiative Inc
- Assets
- $11.8m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 23
- Location
- Portland, OR
- Founding
- 03/2006
- Data as of
- 12/2023
- EIN
- 86-1119361
Organization Overview
Green Building Initiative Inc is located in Portland, OR. The organization was established in 2006. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2023, Green Building Initiative Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Building Initiative 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 12/2023, Green Building Initiative Inc generated $7.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $6.3m during the year ending 12/2023. While expenses have increased by 13.2% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE BUILT ENVIRONMENT'S IMPACT ON CLIMATE AND SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GBI EDUCATES ITS COMMUNITY ON GREEN BUILDING PRACTICES THROUGH PROGRAMS THAT ENCOURAGE SUSTAINABLE, HEALTHY, AND RESILIENT FEATURES AND OPERATIONAL PRACTICES IN COMMERCIAL AND MULTIFAMILY BUILDINGS.ADDITIONALLY, GBI SUPPORTS FEDERAL HIGH PERFORMANCE BUILDING REQUIREMENTS THROUGH CUSTOM ASSESSMENT PROGRAMS, SUCH AS THE GUIDING PRINCIPLES COMPLIANCE PROGRAMS FOR NEW CONSTRUCTION AND EXISTING BUILDINGS. THROUGH ITS GREEN GLOBES JOURNEY TO NET ZERO PROGRAM, GBI PROVIDES BUILDING OWNERS WITH A TRANSPARENT PROCESS TO EVALUATE RENEWABLE ENERGY STRATEGIES AND THEIR IMPACT ON ENERGY AND CARBON EMISSION REDUCTION STRATEGIES TOWARD THE GOAL OF REACHING NET ZERO. SEE SCHEDULE O.TO HELP PROMOTE AND ENHANCE GREEN BUILDING EDUCATION AND THE ADOPTION OF BEST PRACTICES, GBI HAS CREATED THE FOLLOWING CREDENTIALING PROGRAMS: GREEN GLOBES EMERGING PROFESSIONAL (GGEP), GREEN GLOBES PROFESSIONAL (GGP), GREEN GLOBES FELLOW (GGF), GREEN GLOBES ASSESSOR (GGA), GUIDING PRINCIPLES COMPLIANCE PROFESSIONAL (GPCP), AND GUIDING PRINCIPLES COMPLIANCE FELLOW (GPCF).GBI IS A THOUGHT LEADER ON SUSTAINABILITY, HEALTH AND WELLNESS, RESILIENCE, ESG, AND NET ZERO OBJECTIVES RELATED TO BUILDINGS. AS SUCH, GBI PARTNERS AND COLLABORATES WITH NGOS, GOVERNMENT, CORPORATIONS, AND ALLIED ORGANIZATIONS IN THE PURSUIT OF GLOBAL ENVIRONMENTAL OBJECTIVES.GBI'S BOARD OF DIRECTORS STRIVES TO PROMOTE TRANSPARENCY IN ITS GOVERNANCE PRACTICES AS IT DOES IN THE DEVELOPMENT OF ITS RATING SYSTEMS, WHERE GBI FOLLOWS ANSI-APPROVED PROCEDURES FOR CONSENSUS, BALANCE, OPENNESS, AND DUE PROCESS. TO REQUEST INFORMATION OR PROVIDE INPUT ON GBI'S GOVERNANCE, RATING SYSTEM DEVELOPMENT, ON-LINE TOOLS OR CONSENSUS PROCESSES, SEND INQUIRES TO INFO@THEGBI.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amlan Mukherjee Chair | OfficerTrustee | 1 | $0 |
Tim Thiel Chair Elect | OfficerTrustee | 1 | $0 |
Kathy Loftus Immediate Past Chair | OfficerTrustee | 1 | $0 |
Luis Perez-Soto Treasurer | OfficerTrustee | 1 | $0 |
Alison Hoagland Secretary | OfficerTrustee | 1 | $0 |
Cons Gattuso Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
D Johnson Architect Llc Assessor | 12/30/23 | $359,035 |
Marston Design Studio Assessor | 12/30/23 | $202,948 |
Green Building Resources Llc Assessor | 12/30/23 | $213,956 |
Efficient Green Llc Assessor | 12/30/23 | $297,875 |
Barbara Aw Clarke Architect Assessor | 12/30/23 | $301,424 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $262,917 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $288,417 |
| Total Program Service Revenue | $6,629,715 |
| Investment income | $376,217 |
| 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 | $7,294,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $490,200 |
| Compensation of current officers, directors, key employees. | $114,431 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,722,896 |
| Pension plan accruals and contributions | $43,275 |
| Other employee benefits | $139,974 |
| Payroll taxes | $156,552 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $119,977 |
| Fees for services: Accounting | $31,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,874 |
| Fees for services: Other | $2,498,554 |
| Advertising and promotion | $241,725 |
| Office expenses | $72,312 |
| Information technology | $281,437 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $130,415 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $56,198 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $178,167 |
| Insurance | $23,617 |
| All other expenses | $0 |
| Total functional expenses | $6,313,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $305,570 |
| Savings and temporary cash investments | $8,676,412 |
| Pledges and grants receivable | $0 |
| 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 | $93,225 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,867,889 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $777,815 |
| Other assets | $99,942 |
| Total assets | $11,820,853 |
| Accounts payable and accrued expenses | $404,944 |
| Grants payable | $0 |
| Deferred revenue | $2,619,311 |
| 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 | $63,833 |
| Total liabilities | $3,088,088 |
| Net assets without donor restrictions | $8,701,934 |
| Net assets with donor restrictions | $30,831 |
| 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 | $11,820,853 |