Overview
What is C40 Cities Climate Leadership Group Inc?
C40 Cities Climate Leadership Group Inc is a New York-based nonprofit organization with a team of 35 individuals. Their primary mission is to unite megacities worldwide in addressing climate change. By expanding their membership to 96 cities, they ensure equal representation between cities in the global north and south. Their strategic goals include engaging mayoral leadership, supporting cities in preparing inventories, targets, and plans, accelerating climate action through peer-to-peer exchange and direct support, removing barriers to city climate action, and providing global thought leadership through agenda-setting communications and world-class events.
Official website here: www.c40.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
C40 Cities Climate Leadership Group Inc has achieved a high rating of 92% from Charity Navigator, indicating strong performance in accountability and finance. This rating is based entirely on their financial practices, reflecting a robust management structure with a fully independent board and no material diversions of assets. The organization has demonstrated effective compliance with various policies, including conflict of interest and whistleblower protections, which contribute positively to its overall governance.
Strengths of C40 include its exemplary scores in board independence and financial ratios. The organization allocates a substantial portion of its budget to program expenses, with a ratio of 76.18%, showcasing a commitment to its mission over administrative costs. Additionally, the strong working capital ratio of 1.39 years suggests financial stability, potentially allowing for sustained programmatic activities in the future.
However, a notable limitation is the fundraising efficiency, which scored zero, indicating high fundraising costs relative to the funds raised. This may raise concerns about the sustainability of funding efforts and how effectively the organization can mobilize resources in the long term. Despite this, the overall financial health and accountability practices of C40 Cities Climate Leadership Group Inc present a largely positive outlook for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is C40 Cities Climate Leadership Group Inc legitimate?
C40 Cities Climate Leadership Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. C40 Cities Climate Leadership Group 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: $621,017
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,077,878
For more financial information, click here
Official website here: www.c40.org
What is the mission statement of C40 Cities Climate Leadership Group Inc?
The C40 Cities Climate Leadership Group is a network of megacities worldwide devoted to tackling climate change. Their mission is to facilitate collaboration among cities, enabling them to share knowledge and take meaningful and sustainable actions against climate change. The organization supports cities in preparing comprehensive inventories, targets, and plans to mitigate climate change, and accelerates climate action through peer-to-peer exchange and direct support. They work to remove obstacles to city climate initiatives and provide global thought leadership, agenda-setting communications, and world-class events. C40 currently represents 96 cities, maintaining an equal balance between those in the global north and south.
Official website here: www.c40.org
Who is the CEO of C40 Cities Climate Leadership Group Inc?
Juliette Carter is the President And Director of C40 Cities Climate Leadership Group Inc.
Official website here: www.c40.org
What is the revenue of C40 Cities Climate Leadership Group Inc?
C40 Cities Climate Leadership Group Inc's revenue in 2022 was $54,380,631.
Official website here: www.c40.org
Who are the executives of C40 Cities Climate Leadership Group Inc and what are their salaries?
The average compensation at C40 Cities Climate Leadership Group Inc during 2022 was $562,826. There are 35 employees and 10 volunteers at C40 Cities Climate Leadership Group Inc.
Here are 18 key members and their salaries:
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- Compensation: $234,015
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- Compensation: $219,050
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- Compensation: $134,611
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- Other: $7,346
- Compensation: $181,724
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- Other: $7,061
- Compensation: $150,049
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- Other: $12,829
- Compensation: $140,376
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- Other: $5,582
- Compensation: $140,376
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- Other: $8,374
- Compensation: $139,124
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- Other: $21,798
Official website here: www.c40.org
Where can I find the form 990 for C40 Cities Climate Leadership Group Inc?
C40 Cities Climate Leadership Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.c40.org
Learn more at the official website: www.c40.org
Mission Statement of C40 Cities Climate Leadership Group Inc
C40 Cities Climate Leadership Group Inc is a network of the world's megacities united in their commitment to tackling climate change. This global organization supports cities in collaborating effectively, sharing knowledge, and driving meaningful, measurable, and sustainable actions to combat climate change.
C40's mission goes beyond mere words. With 96 cities as members, it maintains equal representation between cities from the global north and south. The group focuses on several strategic goals, including engaging mayoral leadership, helping cities prepare inventories, targets, and plans, accelerating climate action through peer-to-peer exchange and direct support, removing barriers to city climate action, and providing global thought leadership, agenda-setting communications, and world-class events.
In simpler terms, C40 Cities Climate Leadership Group Inc serves as a platform where cities from around the world come together to learn from each other and take concrete steps towards reducing their carbon footprint and addressing climate change. By fostering collaboration, knowledge sharing, and peer-to-peer support, C40 empowers cities to overcome challenges and make a real difference in the fight against climate change.
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Impact
October, 2024
C40 Cities Climate Leadership Group Inc plays a pivotal role in mobilizing the world's megacities to address climate change effectively. By expanding its membership to 96 cities, the organization fosters equal representation between cities from the Global North and Global South. C40's strategic focus is on engaging mayoral leadership, facilitating the development of robust climate inventories and action plans, and accelerating climate action through peer-to-peer exchanges and direct support.
The organization removes barriers hindering city climate initiatives and provides global thought leadership through agenda-setting communications and high-profile events. Its collaborative approach allows cities to exchange knowledge and implement meaningful, measurable, and sustainable climate actions, significantly enhancing their capacity to combat climate change and innovate solutions at the urban level.
This information is meant to be a general summary of C40 Cities Climate Leadership Group 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: $12,525
- Program Service Revenue: $13,738
- Gross Receipts: $54,380,631
Assets and Liabilities:
- Total Assets: $52,177,936
- Total Liabilities: $4,326,935
- Net Assets: $47,851,001
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPEAKING EVENTS
Revenue
$13,738
Organization Details
Founding Year
2010
Phone
(646) 324-9209Principal Officer
Juliette Carter
Main Address
120 PARK AVENUE FLOOR 23, NEW YORK, NY, 10017
Website
www.c40.orgNTEE Category
Code: C029 - Environment
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