Overview
What is Natural Resource Governance Institute?
The Natural Resource Governance Institute (NRGI) is a New York-based nonprofit organization committed to promoting responsible management of transition minerals, which are essential for combating climate change. They advocate for strategic and inclusive governance of the mining sector to prevent harm to citizens and communities and maximize development benefits. NRGI believes that less corrupt supply chains for transition minerals can accelerate sustainable expansion. In 2022, they stimulated public debate on energy transition in the Democratic Republic of the Congo (DRC) and emphasized the need for a "triple win" in Africa, benefiting citizens, their environment, and the energy transition process. With a focus on fair, prosperous, and sustainable societies, NRGI has a workforce of 16 individuals dedicated to their mission.
Official website here: www.resourcegovernance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Natural Resource Governance Institute has achieved a perfect score of 100%, reflecting exceptional standards in accountability and financial management. This high rating indicates a robust governance structure, characterized by a fully independent board and comprehensive oversight mechanisms, ensuring transparency and ethical operations.
Strengths highlighted include the absence of material asset diversions, a strong financial health indicated by a low liabilities-to-assets ratio, and a high program expense ratio. These metrics suggest that the organization effectively channels its funds toward its mission rather than administrative costs, demonstrating a high level of efficiency in fundraising.
While the organization displays noteworthy strengths, the summary does not mention specific program outcomes or impact metrics, which could provide a more comprehensive understanding of its effectiveness in achieving its goals. However, the strong financial and governance attributes are a solid foundation for its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Natural Resource Governance Institute legitimate?
Natural Resource Governance Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Natural Resource Governance Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $684,366
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,348,899
For more financial information, click here
Official website here: www.resourcegovernance.org
What is the mission statement of Natural Resource Governance Institute?
The Natural Resource Governance Institute envisions a world where natural resources contribute to fair, prosperous, and sustainable societies, rather than undermining them. The institute exists due to the significant impact that decisions regarding natural resource governance have on the well-being of people in resource-rich countries and the planet. The organization is committed to driving systemic change in the mining sector, specifically for transition minerals, to avoid harm from mining activities and ensure equitable benefits. They believe that strategic and inclusive governance of the mining sector is crucial in avoiding damage to citizens and communities. Countries that maximize development benefits from the sector can achieve more sustainable and inclusive outcomes. Additionally, less corrupt supply chains for transition minerals can accelerate sustainable expansion. In 2022, the institute leveraged research and stakeholder engagement to stimulate public debate on energy transition in the Democratic Republic of the Congo and highlighted the need for a "triple win" in Africa, benefiting citizens, their environment, and the energy transition process.
Official website here: www.resourcegovernance.org
Who is the CEO of Natural Resource Governance Institute?
Suneeta Kaimal is the CEO of Natural Resource Governance Institute The CEO's salary of Natural Resource Governance Institute is $341,915 and their total compensation is $396,393.
Official website here: www.resourcegovernance.org
What is the revenue of Natural Resource Governance Institute?
Natural Resource Governance Institute's revenue in 2023 was $10,701,192.
Official website here: www.resourcegovernance.org
Who are the executives of Natural Resource Governance Institute and what are their salaries?
The average compensation at Natural Resource Governance Institute during 2023 was $310,251. There are 13 employees at Natural Resource Governance Institute.
Here are 20 key members and their salaries (Natural Resource Governance Institute's CEO's salary is $341,915 and their total compensation is $396,393):
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- Compensation: $341,915
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- Compensation: $106,756
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- Other: $23,523
Official website here: www.resourcegovernance.org
Where can I find the form 990 for Natural Resource Governance Institute?
Natural Resource Governance Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.resourcegovernance.org
Learn more at the official website: www.resourcegovernance.org
Mission Statement of Natural Resource Governance Institute
The Natural Resource Governance Institute (NRGI) envisions a world where natural resources contribute to fair, prosperous, and sustainable societies rather than undermining them. The organization's mission is driven by the belief that decisions regarding the governance of natural resources significantly impact the well-being of people in resource-rich countries and the planet as a whole.
NRGI is committed to driving systemic change in the mining sector, specifically focusing on transition minerals. The organization aims to minimize harm from mining activities and ensure equitable benefits from the responsible scale-up of these minerals, which are essential in averting global climate catastrophe. NRGI emphasizes the importance of strategic and inclusive governance of the mining sector to prevent damage to citizens and communities. Moreover, countries that seize opportunities to maximize development benefits from the sector, such as through diversifying their economies and promoting local mineral transformation, can achieve more sustainable and inclusive outcomes. Lastly, less corrupt supply chains for transition minerals can accelerate sustainable expansion.
The Natural Resource Governance Institute acts on its mission by leveraging research and collaborative efforts with diverse stakeholders to stimulate public debate. For instance, in 2022, NRGI facilitated discussions on energy transition in the Democratic Republic of the Congo (DRC). Additionally, the organization highlighted the need for a "triple win" (benefits for citizens, their environment, and the energy transition process) in Africa through research and regional advocacy. NRGI also addressed risks and opportunities of lithium production in Mexico and supported robust legal and policy frameworks for mineral governance in Uganda.
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Impact
October, 2024
The Natural Resource Governance Institute (NRGI) drives systemic change in the governance of transition minerals, focusing on good governance to minimize harm from mining activities while ensuring equitable benefits for local communities. By advocating for strategic oversight of the mining sector, NRGI aims to avoid damage to citizens and communities, supporting countries in maximizing development gains. This includes promoting economic diversification and local mineral transformation, which can lead to sustainable and inclusive outcomes.
In 2022, NRGI actively engaged stakeholders to stimulate public debate on energy transition issues in the Democratic Republic of the Congo (DRC). Their emphasis on a "triple win" approach highlighted the need to balance benefits for citizens, environmental protection, and the success of the energy transition in Africa. Furthermore, NRGI assessed the risks and opportunities of lithium production in Mexico and advocated for robust legal and policy frameworks related to mineral governance in Uganda. Overall, their efforts contribute to creating less corrupt supply chains for transition minerals, ultimately accelerating sustainable development.
This information is meant to be a general summary of Natural Resource Governance Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $901
- Gross Receipts: $10,701,192
Assets and Liabilities:
- Total Assets: $11,873,299
- Total Liabilities: $3,048,157
- Net Assets: $8,825,142
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Organization Details
Founding Year
2006
Principal Officer
Suneeta Kaimal
Website
www.resourcegovernance.orgNTEE Category
Code: Q02 - International
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