Overview
What is Regional Greenhouse Gas Initiative Inc?
The Regional Greenhouse Gas Initiative Inc is a non-profit organization that offers technical and scientific advisory services to various states within the U.S. Their primary focus is on addressing climate change by providing guidance on carbon dioxide budget trading programs. In collaboration with participating states, they conduct comprehensive program reviews, perform technical analysis, and propose amendments to improve the program's efficiency. Moreover, they assist states in setting up auction platforms for carbon allowances, resulting in the publication of relevant notices and materials. The organization's work aims to support states in reducing greenhouse gas emissions and promoting a cleaner, more sustainable environment.
Official website here: www.rggi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Regional Greenhouse Gas Initiative Inc has received a solid rating of 85%, indicating strong performance in accountability and finance. This score is derived solely from their Accountability & Finance metrics, highlighting the organization's commitment to transparency and responsible financial management. Their structured oversight mechanisms suggest a high level of integrity in their operations.
The organization boasts a fully independent board, with 22 members, reflecting a commitment to objective governance. Their financial practices are robust, as evidenced by the presence of an Audit and Oversight Committee and the absence of material diversion of assets. Additionally, all necessary policies, including conflict of interest and whistleblower protections, are in place and documented, underscoring their prioritization of ethical standards.
While the organization shows commendable strengths in its financial accountability, the overall score suggests that further assessment in areas beyond finance could provide a more comprehensive view of their impact and effectiveness. Nonetheless, their strong emphasis on governance and transparency positions them well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Regional Greenhouse Gas Initiative Inc legitimate?
Regional Greenhouse Gas Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regional Greenhouse Gas Initiative Inc 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: $246,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $359,062
For more financial information, click here
Official website here: www.rggi.org
What is the mission statement of Regional Greenhouse Gas Initiative Inc?
The Regional Greenhouse Gas Initiative Inc serves as a technical and scientific advisor to states within the U.S., helping them in their efforts to combat greenhouse gas emissions. They have been instrumental in conducting program reviews of carbon dioxide budget trading programs, offering technical analysis and proposed amendments for improvement. Additionally, they have supported states in establishing auction platforms for allowances to emit carbon dioxide, resulting in the publication of relevant notices and materials.
Official website here: www.rggi.org
Who is the CEO of Regional Greenhouse Gas Initiative Inc?
Katie Dykes is the Board Chair of Regional Greenhouse Gas Initiative Inc.
Official website here: www.rggi.org
What is the revenue of Regional Greenhouse Gas Initiative Inc?
Regional Greenhouse Gas Initiative Inc's revenue in 2022 was $2,097,534.
Official website here: www.rggi.org
Who are the executives of Regional Greenhouse Gas Initiative Inc and what are their salaries?
The average compensation at Regional Greenhouse Gas Initiative Inc during 2022 was $121,074. There are 5 employees and 22 volunteers at Regional Greenhouse Gas Initiative Inc.
Here are 23 key members and their salaries:
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- Compensation: $197,383
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- Other: $48,924
Official website here: www.rggi.org
Where can I find the form 990 for Regional Greenhouse Gas Initiative Inc?
Regional Greenhouse Gas Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rggi.org
Learn more at the official website: www.rggi.org
Mission Statement of Regional Greenhouse Gas Initiative Inc
The Regional Greenhouse Gas Initiative, or RGGI, is an organization that offers technical and scientific advisory services to various states across the United States. Its mission involves providing valuable support to these states, particularly in the realm of carbon dioxide budget trading programs. RGGI conducts comprehensive reviews, offering technical analysis and evaluation of these programs, and proposes amendments based on its findings. These proposed changes have been incorporated into an updated version of the program.
RGGI takes its role a step further by aiding states in the development and execution of auction platforms for the allocation of allowances to emit carbon dioxide. This results in the publication of auction notices and necessary materials. By offering such technical assistance, the Regional Greenhouse Gas Initiative plays a crucial role in helping states navigate the complexities of carbon emissions management, thereby contributing to a more sustainable future.
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Impact
June, 2024
Regional Greenhouse Gas Initiative Inc's impact can be seen in its provision of technical and scientific advisory services to states of the U.S. The organization has played a crucial role in supporting participating states in conducting program reviews of CO2 budget trading programs, offering technical analysis and evaluation that has led to proposed amendments and updates to these programs. Additionally, RGGI has assisted states in developing and implementing auction platforms for allowances to emit carbon dioxide, resulting in the publication of auction notices and materials. This work contributes to the overall effort to address environmental challenges and reduce carbon emissions, making a significant impact in the fight against climate change.
This information is meant to be a general summary of Regional Greenhouse Gas Initiative Inc. 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 2022.
- Investment Income: $1,417
- Program Service Revenue: $2,096,117
- Gross Receipts: $2,097,534
Assets and Liabilities:
- Total Assets: $1,854,924
- Total Liabilities: $1,799,788
- Net Assets: $55,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE REVENUE
Revenue
$2,096,117
Organization Details
Founding Year
2007
Phone
(212) 417-7329Principal Officer
Katie Dykes
Main Address
90 CHURCH STREET 4TH FLOOR, NEW YORK, NY, 10007
Website
www.rggi.orgNTEE Category
Code: C20 - Environment
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