Overview
What is Rocky Mountain Institute?
The Rocky Mountain Institute is a dedicated nonprofit organization with a mission to revolutionize the global energy system, ensuring a clean, affluent, and carbon-neutral future for all. Based on the provided information, they are committed to this transformative goal, focusing on the global energy sector. The institute's activity and mission statement both emphasize the importance of a zero-carbon future and its positive implications for the world.
Official website here: www.rmi.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 99%, Four-Star out of Four Star rating.
Rocky Mountain Institute has received an impressive Four-Star rating from Charity Navigator, highlighting its strong financial health and commitment to accountability. The organization boasts a perfect score in Leadership & Adaptability, indicating its effectiveness in navigating challenges and implementing strategic initiatives. With an 85% independent board, robust financial oversight, and comprehensive conflict of interest policies, Rocky Mountain Institute demonstrates a high level of transparency and governance.
The nonprofit excels in financial metrics with a program expense ratio of 83.97%, meaning that a significant portion of its funding is directed toward its mission-related activities. Additionally, its fundraising efficiency ratio of $0.05 reflects its ability to raise funds effectively while maintaining low overhead costs. These strengths align with its strategic goals of increasing clean electricity, enhancing energy productivity, and promoting electrification in various sectors by 2030.
While the data does not point out specific limitations, it is essential for potential donors to consider the broader context of the nonprofit's operations and its long-term impact on energy sustainability. Overall, Rocky Mountain Institute stands out as a well-managed organization dedicated to driving significant environmental change.
This AI summary has been generated from information found on Charity Navigator.
Is Rocky Mountain Institute legitimate?
Rocky Mountain Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocky Mountain 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: $3,200,143
Professional Fundraising Fees: $21,580
Other Salaries and Wages: $51,137,638
For more financial information, click here
Official website here: www.rmi.org
What is the mission statement of Rocky Mountain Institute?
The Rocky Mountain Institute is dedicated to transforming the global energy system, ensuring a clean and prosperous future with zero carbon emissions for everyone. Their mission is geared towards securing a sustainable energy future on a global scale. Through their initiatives, they strive to make a significant impact on the energy sector and build a better future for all. The organization's vision is to lead the transition towards renewable, efficient energy solutions that benefit the planet and promote economic growth. They work to advance innovative technologies and policies, collaborating with stakeholders worldwide to bring about positive change in the energy sector.
Official website here: www.rmi.org
Who is the CEO of Rocky Mountain Institute?
Jon Creyts is the Chief Executive Officer of Rocky Mountain Institute. The CEO's salary of Rocky Mountain Institute is $638,488 and their total compensation is $680,400.
Official website here: www.rmi.org
What is the revenue of Rocky Mountain Institute?
Rocky Mountain Institute's revenue in 2022 was $116,983,377.
Official website here: www.rmi.org
Who are the executives of Rocky Mountain Institute and what are their salaries?
The average compensation at Rocky Mountain Institute during 2022 was $119,424. There are 455 employees and 12 volunteers at Rocky Mountain Institute.
Here are 25 key members and their salaries (Rocky Mountain Institute's CEO's salary is $638,488 and their total compensation is $680,400):
- Compensation: $638,488
- Related: $0
- Other: $41,912
- Compensation: $392,646
- Related: $0
- Other: $46,451
- Compensation: $391,441
- Related: $0
- Other: $36,145
- Compensation: $366,351
- Related: $0
- Other: $39,165
- Compensation: $324,961
- Related: $0
- Other: $29,855
- Compensation: $315,901
- Related: $0
- Other: $37,642
- Compensation: $305,009
- Related: $0
- Other: $44,257
- Compensation: $292,868
- Related: $0
- Other: $33,066
- Compensation: $300,923
- Related: $0
- Other: $11,479
- Compensation: $289,027
- Related: $0
- Other: $6,431
- Compensation: $212,375
- Related: $0
- Other: $26,911
- Compensation: $50,000
- Related: $0
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Official website here: www.rmi.org
Where can I find the form 990 for Rocky Mountain Institute?
Rocky Mountain Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmi.org
Learn more at the official website: www.rmi.org
Mission Statement of Rocky Mountain Institute
The Rocky Mountain Institute, a renowned nonprofit organization, strives to bring about a global transformation in the energy sector. Dedicated to ensuring a clean, prosperous, and zero-carbon future for everyone, this institute is on a mission to revolutionize the energy system. By working tirelessly towards this goal, the organization aims to secure a sustainable and financially viable future for generations to come. The institute's commitment to this cause is unwavering, as it seeks to make a significant impact on the world's energy landscape.
The Rocky Mountain Institute's mission is multifaceted and ambitious. It involves not only driving the transition to renewable energy sources but also focusing on the economic and practical aspects of this transformation. By fostering innovative solutions, the institute encourages the adoption of clean technologies and energy efficiency practices. Through its various initiatives, the organization sets out to demonstrate the viability of a zero-carbon energy system and to inspire and influence others to follow suit.
The Rocky Mountain Institute's work goes beyond ideology and theory. It is grounded in research, collaboration, and practical implementation. The organization brings together experts from diverse fields, including energy, science, business, and policy, to work towards a common goal. By sharing knowledge, developing partnerships, and forging new collaborations, the institute drives progress and creates a ripple effect that extends far beyond its reach. In this way, the Rocky Mountain Institute plays a pivotal role in shaping the global energy landscape and moving the world closer to a clean, prosperous, and zero-carbon future.
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Impact
October, 2024
Rocky Mountain Institute drives significant impact by transforming the global energy system, aiming for a clean, prosperous, and zero-carbon future for everyone. Based in Boulder, Colorado, the organization engages in innovative initiatives and collaborates with various stakeholders to implement sustainable energy practices. It focuses on promoting energy efficiency, advancing renewable technologies, and influencing policy changes to reduce carbon emissions and foster a more resilient energy infrastructure. Through its projects and research, Rocky Mountain Institute not only addresses climate challenges but also empowers businesses and communities to thrive in a rapidly changing energy landscape.
This information is meant to be a general summary of Rocky Mountain 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 2022.
- Investment Income: $8,154,503
- Program Service Revenue: $11,019,917
- Gross Receipts: $137,741,673
Assets and Liabilities:
- Total Assets: $116,417,411
- Total Liabilities: $18,729,291
- Net Assets: $97,688,120
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting Fees
Revenue
$6,470,250
GOVERNMENT & MULTILATERAL CONSULTING
Revenue
$4,501,667
Program Event Revenue
Revenue
$48,000
Organization Details
Founding Year
1982
Phone
(303) 245-1003Principal Officer
Jon Creyts
Main Address
2490 JUNCTION PLACE SUITE 200, BOULDER, CO, 80301
Website
www.rmi.orgNTEE Category
Code: C35 - Environment
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