Biophysical Economics Institute Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 853222578 ✦ Malden, MA ✦ Designated as a 501(c)(3)

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Overview

What is Biophysical Economics Institute Inc?

The Biophysical Economics Institute Inc, located undisclosed, is a nonprofit organization dedicated to fostering innovation in economic analysis. Their primary focus lies in conducting research and sponsoring research initiatives, as well as creating and distributing data standards and analytical tools to integrate natural sciences into economic decision-making. They also offer educational programs leading to certifications in these concepts, and support corporate leaders and policymakers in evaluating projects that promote energy efficiency and lower CO2 emissions. Ultimately, their mission is to bridge the gap between the natural sciences and economics, contributing to more sustainable and efficient policy-making.

Is Biophysical Economics Institute Inc legitimate?

Biophysical Economics Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biophysical Economics Institute 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Biophysical Economics Institute Inc?

The Biophysical Economics Institute Inc's primary mission involves conducting research and sponsoring research, developing and disseminating data standards and analytical tools to incorporate natural sciences into economic analysis and decision-making, providing education about these concepts leading to certifications of proficiency, and offering support to corporate leaders and policymakers in evaluating projects and policies aimed at promoting energy efficiency and reducing CO2 emissions. In essence, the Institute seeks to bridge the gap between the natural sciences and economics, thereby contributing to more sustainable and carbon-reducing policies and projects.

What is the revenue of Biophysical Economics Institute Inc?

Biophysical Economics Institute Inc's revenue in 2023 was $190,939.

Who are the executives of Biophysical Economics Institute Inc and what are their salaries?

There 7 volunteers at Biophysical Economics Institute Inc.

Here are 6 key members and their salaries:


Charles As Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan-Pieter Oosterom (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Metz (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Paul Detwiler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Kent (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Biophysical Economics Institute Inc?

Biophysical Economics Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Biophysical Economics Institute Inc

The Biophysical Economics Institute Inc is committed to conducting research and sponsoring such initiatives. Its primary objective is to bridge the gap between the natural sciences and economics, contributing to more informed decision-making processes. To accomplish this, the Institute develops and disseminates data standards and analytical tools. These tools are designed to integrate the natural sciences into economic analysis, making it easier for corporate leaders and policymakers to evaluate projects and policies aimed at promoting energy efficiency and reducing CO2 emissions.

In addition to its research and tool development efforts, the Biophysical Economics Institute Inc also provides education. This education is centered around the concepts and tools for analyzing the impact of natural sciences on economic decisions. Successful completion of these educational programs results in certifications of proficiency, demonstrating an individual's understanding of these important principles. Lastly, the Institute supports corporate officers and policymakers by offering guidance in the evaluation of projects and policies that promote energy efficiency and greenhouse gas reduction. By providing these services, the Biophysical Economics Institute Inc plays a crucial role in promoting sustainable and environmentally friendly economic practices.

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Impact




October, 2024

The Biophysical Economics Institute Inc. plays a significant role in integrating natural sciences with economic analysis, which enhances decision-making processes aimed at sustainability and energy efficiency. Through its research and sponsorship activities, the Institute contributes valuable insights that inform both corporate strategies and public policies focused on reducing carbon emissions.

The Institute develops and disseminates analytical tools and data standards that facilitate the incorporation of ecological and biophysical factors into economic assessments. This approach promotes a more comprehensive understanding of how economic activities intersect with environmental impacts.

In addition to its research, the Institute provides educational resources that lead to certifications of proficiency, helping to raise awareness and expertise among professionals in various sectors. This education empowers corporate leaders and policymakers to evaluate their projects and policies with a critical lens on energy efficiency and environmental sustainability.

Overall, the impact of the Biophysical Economics Institute Inc. is seen in its efforts to drive informed decision-making that not only addresses immediate economic goals but also supports long-term ecological health and climate resilience.




This information is meant to be a general summary of Biophysical Economics Institute 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.

Revenue
$190,939 (2023)
Expenses
$234,050 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $190,000
  • Gross Receipts: $190,939

Assets and Liabilities:

  • Total Assets: $214,725
  • Total Liabilities: $8,036
  • Net Assets: $206,689

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Energy Analysis

Revenue

$190,000

Organization Details

Founding Year

2020

Principal Officer

R Paul Detwiler

NTEE Category

Code: Z99 - Unknown

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