Overview
What is Emission Reduction Credit Corporation Of The Gulf Coast?
The Emission Reduction Credit Corporation of the Gulf Coast is a nonprofit organization, located in Houston, Texas, specifically at PO Box 22777. Its primary mission is to foster air quality enhancement and economic growth in the eight-county HGB ozone non-attainment area. To achieve this, the corporation facilitates the trading of clean air credits within the region. By doing so, it aims to promote clean air initiatives while minimizing the negative economic effects of control strategies in the HGB region.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
The Emission Reduction Credit Corporation of the Gulf Coast has earned a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization’s score reflects its dedication to responsible management, as evidenced by a perfect score in several critical areas, including independent board member composition and the absence of material asset diversion.
The corporation's financial practices are commendable, showcasing a program expense ratio of 99.91%, which suggests that nearly all of its funding is directed towards its mission. Additionally, the organization maintains robust policies regarding conflict of interest, whistleblowing, and document retention, further reinforcing its commitment to transparency and ethical governance.
While the organization excels in financial accountability and operational transparency, continual monitoring of these standards is essential to ensure that it maintains its high level of performance. Overall, the Emission Reduction Credit Corporation of the Gulf Coast stands out as a well-managed nonprofit, effectively focusing its resources on emission reduction initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Emission Reduction Credit Corporation Of The Gulf Coast legitimate?
Emission Reduction Credit Corporation Of The Gulf Coast is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emission Reduction Credit Corporation Of The Gulf Coast 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.
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What is the mission statement of Emission Reduction Credit Corporation Of The Gulf Coast?
The Emission Reduction Credit Corporation of the Gulf Coast mission is geared towards enhancing air quality while minimizing the economic repercussions of environmental control measures within a specific region. Specifically, they strive to facilitate the trading of clean air credits to promote cleaner air initiatives. Their objective is to create a legal structure that fosters air quality improvement and economic growth, particularly in an eight-county area that struggles with ozone non-attainment issues.
Who is the CEO of Emission Reduction Credit Corporation Of The Gulf Coast?
Jean Mahood is the Member of Emission Reduction Credit Corporation Of The Gulf Coast.
What is the revenue of Emission Reduction Credit Corporation Of The Gulf Coast?
Emission Reduction Credit Corporation Of The Gulf Coast's revenue in 2023 was $290,162.
Who are the executives of Emission Reduction Credit Corporation Of The Gulf Coast and what are their salaries?
There 14 volunteers at Emission Reduction Credit Corporation Of The Gulf Coast.
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Where can I find the form 990 for Emission Reduction Credit Corporation Of The Gulf Coast?
Emission Reduction Credit Corporation Of The Gulf Coast's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Emission Reduction Credit Corporation Of The Gulf Coast
The Emission Reduction Credit Corporation of the Gulf Coast, a prominent organization, is dedicated to enhancing the quality of air in its region. By facilitating the trading of clean air credits, it aims to promote a cleaner environment while minimizing the economic repercussions of air quality control strategies on regional development. Its mission is geared towards fostering improved air quality, thereby mitigating the detrimental effects of such measures on economic growth within the eight-county HGB ozone non-attainment area. The corporation provides a legal framework that encourages air quality improvement and economic growth, thereby contributing to a healthier and more sustainable region.
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Impact
June, 2024
The Emission Reduction Credit Corporation Of The Gulf Coast plays a crucial role in promoting clean air initiatives in the Gulf Coast region. By facilitating the trading of clean air credits, the corporation is contributing to the improvement of air quality in the eight-county HGB ozone non-attainment area. Through its legal framework, the organization is able to support both environmental protection and economic growth in the region. Their mission to enhance air quality while balancing the impact of control strategies on economic development underscores their commitment to creating a sustainable future for the HGB region.
This information is meant to be a general summary of Emission Reduction Credit Corporation Of The Gulf Coast. 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: $4,275
- Gross Receipts: $290,162
Assets and Liabilities:
- Total Assets: $804,466
- Total Liabilities: $10,208
- Net Assets: $794,258
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Organization Details
Founding Year
1994
Phone
(713) 627-3200Principal Officer
Jean Mahood
Main Address
PO BOX 22777, HOUSTON, TX, 772272777
NTEE Category
Code: C200 - Environment
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