2023-12-12T07:32:40-06:00 2020-12-31 420714325 RSM US LLP 1250 H STREET SUITE 700 WASHINGTON DC 20005 990 2020-01-01 260893414 GREEN BUSINESS CERTIFICATION INC GREE 8007951746 2101 L STREET NW NO 600 WASHINGTON DC 20037 PETER TEMPLETON PRESIDENT & CEO 8007951746 2023-12-12 1 PETER TEMPLETON XXX-XX-XXXX ELIZABETH W HELLER P00397829 2022932200 2023-12-12 3 AAL1 IAL1 2020 2023-04-26 12:10:37Z X GBCI PETER TEMPLETON 2101 L STREET NW NO 600 WASHINGTON DC 20037 93058090 0 X WWW.GBCI.ORG X 2007 DC GBCI PROVIDES THIRD-PARTY CREDENTIALING AND VERIFICATION FOR SEVERAL RATING SYSTEMS RELATING TO THE BUILT ENVIRONMENT. IT WAS IN JANUARY 2008 WITH THE SUPPORT OF THE U.S. GREEN BUILDING COUNCIL TO PROVIDE INDEPENDENT OVERSIGHT OF THE LEADERSHIP IN ENERGY AND ENVIRONMENTAL DESIGN (LEED) PROJECT CERTIFICATION AND PROFESSIONAL CREDENTIALING PROCESSES. GBCI HAS EXPANDED ITS CERTIFICATION EFFORTS TO EIGHT RATING SYSTEMS ALL WITHIN THE SUSTAINABILITY UMBRELLA INCLUDING PEER, TRUE, SITES, ICP, RELI AND WELL. GBCI ALSO OVERSEES PROFESSIONAL CREDENTIALS INCLUDING THE LEED PROFESSIONAL CREDENTIALS, WHICH DENOTE LEADERSHIP IN GREEN BUILDING AND TO DISTINGUISH BUILDING PROFESSIONALS WITH THE KNOWLEDGE AND SKILLS TO SUCCESSFULLY STEWARD THE LEED CERTIFICATION PROCESS. ADDITIONAL GBCI CREDENTIALS INCLUDE THE SITES AP, THE WELL AP, CITY CLIMATE PLANNER, SEA AND SEP, THE LEED GREEN RATER, THE TRUE ADVISOR AND EDGE EXPERTS. X 6 6 120 144 0 0 10659 0 42996514 44072281 174405 43732288 603110 5253521 43784688 93058090 0 0 0 0 15515554 15695529 0 0 0 32209062 37937362 47724616 53632891 -3939928 39425199 38257881 82712891 37367265 42273848 890616 40439043 X GREEN BUSINESS CERTIFICATION INC. (GBCI) IS THE PREMIER ORGANIZATION INDEPENDENTLY RECOGNIZING EXCELLENCE IN GREEN BUSINESS INDUSTRY PERFORMANCE AND PRACTICE GLOBALLY. THROUGH RIGOROUS CERTIFICATION AND CREDENTIALING STANDARDS, GBCI DRIVES ADOPTION OF GREEN BUSINESS PRACTICES, WHICH FOSTERS GLOBAL COMPETITIVENESS AND ENHANCES ENVIRONMENTAL PERFORMANCE AND HUMAN HEALTH BENEFITS. 0 0 GBCI, FORMERLY KNOWN AS THE GREEN BUILDING CERTIFICATION INSTITUTE, CHANGED ITS NAME IN APRIL 2015 TO GREEN BUSINESS CERTIFICATION INC. TO REFLECT THE DIRECTION AND VISION FOR THE ORGANIZATION, WHICH IS TO EXTEND ITS CORE COMPETENCIES OF CERTIFICATION AND CREDENTIALING SERVICES TO ORGANIZATIONS THAT WANT TO ADVANCE GREEN BUSINESS AND SUSTAINABILITY PRACTICES. GBCI ADMINISTERS PROJECT CERTIFICATIONS, ALONG WITH PROFESSIONAL CREDENTIALS AND CERTIFICATIONS OF EDGE, ICP, LEED, PARKSMART, PEER, SITES, TRUE, RELI, AND WELL. GBCI IS COMPRISED OF 140+ STAFF EXPERTS AND SUPPORTS PROJECT TEAMS AND PROFESSIONALS IN OVER 160 COUNTRIES. THIRD-PARTY CERTIFICATION AND CREDENTIALING IS A SCIENTIFIC PROCESS BY WHICH A PRODUCT, PROCESS OR SERVICE IS REVIEWED BY A REPUTABLE AND UNBIASED THIRD PARTY TO VERIFY THAT A SET OF CRITERIA, CLAIMS OR STANDARDS ARE BEING MET. CERTIFICATION AND CREDENTIALING IS USED WITHIN THE GLOBAL GREEN BUILDING INDUSTRY TO DEMONSTRATE CREDIBILITY, PROVIDE A METRIC FOR COMPARISONS AND ADD SIGNIFICANT VALUE. GBCI CREDENTIALS CONSIST OF COMPETENCY EXAMS AND CERTIFICATE PROGRAMS. THE EXAMS ARE CONSTRUCTED USING RIGOROUS TEST DEVELOPMENT BEST PRACTICES TO ASSESS WHETHER WORKING PROFESSIONALS HAVE THE MINIMUM COMPETENCIES TO PERFORM THEIR JOBS. GBCI CREDENTIALS REQUIRE ONGOING MAINTENANCE TO ENCOURAGE CREDENTIALED PROFESSIONALS TO PARTICIPATE IN LEARNING EXPERIENCES THAT DEMONSTRATE CONTINUED COMPETENCY AND UP-TO-DATE INDUSTRY KNOWLEDGE. GBCI DEVELOPS AND ADMINISTERS THE ISO/IEC 17024 ACCREDITED LEED PROFESSIONAL CREDENTIAL EXAMS, WHICH INCLUDE THE LEED GREEN ASSOCIATE AND LEED AP WITH SPECIALTY CREDENTIALS, THE WELL AP, THE SITES AP, THE SUSTAINABILITY EXCELLENCE CREDENTIALS, AND THE URBAN GREENHOUSE GAS INVENTORY SPECIALIST CREDENTIAL. GBCI ALSO ADMINISTERS THE TRUE ADVISOR CERTIFICATE PROGRAM GBCI ADMINISTERS THE LEED CERTIFICATION PROGRAM, PERFORMING THIRD-PARTY TECHNICAL REVIEWS AND VERIFICATION OF REGISTERED PROJECTS TO DETERMINE IF THEY HAVE MET THE STANDARDS SET FORTH BY THE LEED GREEN BUILDING RATING SYSTEM. LEED, OR LEADERSHIP IN ENERGY & ENVIRONMENTAL DESIGN, IS THE MOST WIDELY USED GREEN BUILDING RATING SYSTEM IN THE WORLD AND AN INTERNATIONAL SYMBOL OF EXCELLENCE IN GREEN BUILDING. DEVELOPED BY THE U.S. GREEN BUILDING COUNCIL (USGBC), LEED PROVIDES A FRAMEWORK FOR HEALTHY, EFFICIENT AND COST-SAVING GREEN BUILDINGS. LEED CERTIFICATION IS A GLOBALLY RECOGNIZED SYMBOL OF SUSTAINABILITY ACHIEVEMENT AND LEADERSHIP. GBCI ADMINISTERS IWBI'S WELL BUILDING STANDARD, AN EVIDENCE-BASED STANDARD, WHICH SETS PERFORMANCE REQUIREMENTS IN TEN CATEGORIES: AIR, WATER, NOURISHMENT, LIGHT, FITNESS, COMFORT, MIND, SOUND, MATERIALS, AND COMMUNITY. CERTIFICATION ALLOWS BUILDING OWNERS AND EMPLOYERS TO KNOW THAT THEIR SPACE IS PERFORMING RELATED TO HEALTH AND WELL-BEING OF OCCUPANTS. GBCI SUPPORTS THE ADVANCEMENT OF WELL BY PROVIDING CERTIFICATION, PRECERTIFICATION AND PERFORMANCE TESTING SERVICES FOR WELL CERTIFICATION PROGRAMS. GBCI ALSO PROVIDES TRAINING TO PERFORMANCE TESTING AGENTS. WELL WAS PIONEERED BY DELOS AND IS MANAGED BY THE INTERNATIONAL WELL BUILDING INSTITUTE. GBCI ADMINISTERS PEER, OR PERFORMANCE EXCELLENCE IN ELECTRICITY RENEWAL-A COMPREHENSIVE, CONSUMER-CENTRIC, DATA-DRIVEN RATING SYSTEM FOR MEASURING AND IMPROVING POWER SYSTEM PERFORMANCE AND ELECTRICITY INFRASTRUCTURE. THE PEER RATING SYSTEM SERVES AS A TOOL TO ACCELERATE TRANSFORMATION OF THE ELECTRICITY SECTOR. PEER EVALUATES AND VERIFIES A POWER SYSTEM'S PERFORMANCE ACROSS FOUR CATEGORIES: RELIABILITY AND RESILIENCY; ENERGY EFFICIENCY AND ENVIRONMENT; OPERATIONS, MANAGEMENT AND SAFETY; AND GRID SERVICES. THE PROGRAM CAN BE USED FOR POWER SYSTEMS OF ALL SIZES, INCLUDING CAMPUSES, MICROGRIDS, CRITICAL INFRASTRUCTURE, AN ENTIRE CITY'S GRID OR A UTILITY TERRITORY, AND EVEN TRANSIT SYSTEMS. A PEER CERTIFICATION SIGNIFIES THAT A SYSTEM IS RESILIENT IN THE FACE OF DISASTERS, RELIABLE IN ITS ABILITY TO MEET EVERYDAY NEEDS AND SUSTAINABLE IN A WAY THAT PRIORITIZES EFFICIENCY AND MITIGATES THE IMPACTS OF CLIMATE RISK. GBCI ADMINISTERS THE SUSTAINABLE SITES INITIATIVE (SITES)-A COMPREHENSIVE RATING SYSTEM (SITES) DESIGNED TO DISTINGUISH SUSTAINABLE LANDSCAPES, MEASURE THEIR PERFORMANCE, AND ULTIMATELY ELEVATE THE VALUE OF LANDSCAPES. THE RATING SYSTEM CAN BE APPLIED TO DEVELOPMENT PROJECTS LOCATED ON SITES WITH OR WITHOUT BUILDINGS, RANGING FROM NATIONAL PARKS, TO CORPORATE CAMPUSES, STREETSCAPES AND HOMES. BY SUPPORTING THE DEVELOPMENT OF HEALTHY, THRIVING COMMUNITIES AND NEIGHBORHOODS, SITES DRIVES SUSTAINABILITY EFFORTS BEYOND THE BUILDING AN INNOVATION OF IFC, A MEMBER OF THE WORLD BANK GROUP, EDGE IS A GREEN BUILDING CERTIFICATION SYSTEM FOCUSED ON MAKING BUILDINGS IN EMERGING MARKETS MORE RESOURCE-EFFICIENT. IT EMPOWERS DEVELOPERS AND BUILDERS TO QUICKLY IDENTIFY THE MOST COST-EFFECTIVE WAYS TO REDUCE ENERGY USE, WATER USE AND EMBODIED ENERGY IN MATERIALS. EDGE EMPOWERS EMERGING MARKETS TO SCALE UP RESOURCE-EFFICIENT BUILDINGS IN A FAST, EASY AND AFFORDABLE WAY. GBCI ADMINISTERS EDGE CERTIFICATION IN OVER 140 COUNTRIES AROUND THE WORLD. GBCI ADMINISTERS PARKSMART, THE WORLD'S ONLY RATING SYSTEM THAT DEFINES, MEASURES AND RECOGNIZES HIGH-PERFORMING, SUSTAINABLE PARKING STRUCURES. DEVELOPED BY INDUSTRY EXPERTS, PARKSMART APPLIES TO NEW AND EXISTING FACILITIES AND ASSESSES PROJECTS IN SEVERAL CATEGORIES, INCLUDING PARKING STRUCTURE MANAGEMENT, PROGRAMMING, DESIGN AND TECHNOLOGY. TRUE IS A CERTIFICATION PROGRAM DEDICATED TO MEASURING, IMPROVING AND RECOGNIZING ZERO WASTE PERFORMANCE BY ENCOURAGING THE ADOPTION OF SUSTAINABLE RESOURCE MANAGEMENT AND WASTE REDUCTION PRACTICES WHICH CONTRIBUTE TO POSITIVE ENVIRONMENTAL, HEALTH AND ECONOMIC OUTCOMES. TRUE IS DESIGNED TO HELP GUIDE THE TRANSITION TO A CIRCULAR ECONOMY BY SUPPORTING BUSINESSES AND COMMUNITIES IN RE-THINKING OLD ASSUMPTIONS AND RE-DESIGNING PROCESSES TO ENSURE THAT ALL RESOURCES ARE VALUED FOR THEIR HIGHEST AND BEST USE. A TRUE CERTIFIED PROJECT'S GOAL IS TO DIVERT ALL SOLID WASTE FROM THE LANDFILL, INCINERATION AND THE ENVIRONMENT. FACILITIES ACHIEVE CERTIFICATION BY MEETING AN AVERAGE OF 90% OR GREATER OVERALL WASTE DIVERSION OVER A PERIOD OF 12 MONTHS, AS WELL AS IMPLEMENTING A SERIES OF CREDITS AND MINIMUM PROGRAM REQUIREMENTS ARC IS A TECHNOLOGY PLATFORM WHICH WAS ESTABLISHED TO MEASURE THE PERFORMANCE OF PLACES, SPACES AND CITIES. BY PROVIDING YOUR DATA FOR ENERGY, WATER, WASTE, TRANSPORTATION AND HUMAN EXPERIENCE, ARC WILL PROVIDE A PERFORMANCE SCORE FOR YOUR PROJECT AND COMPARE IT TO LOCAL AND GLOBAL BENCHMARKS. OUR PLATFORM ALLOWS YOU TO PURSUE LEED CERTIFICATION OR SIMPLY MEASURE, TRACK AND IMPROVE THE PERFORMANCE OF YOUR PROJECT. WE ALLOW YOU TO UNDERSTAND THE SUSTAINABILITY OF YOUR PROJECT, PERFORM IN DEPTH ANALYSIS OF YOUR OPERATIONS, PROVIDE REPORTING TO STAKEHOLDERS AND BE RECOGNIZED FOR LEADERSHIP. VALUE ADD CAPABILITIES INCLUDE THE ABILITY TO EVALUATE RISK LEVELS FOR NATURAL HAZARDS, DETERMINE CARBON EMISSIONS, UNDERSTAND YOUR PROGRESS TOWARD A CLEAN ENERGY ECONOMY, AND IDENTIFY COSTS AND BENEFITS RELATED TO YOUR OPERATIONS THROUGH LIFE CYCLE ANALYSIS THE CITY CLIMATE PLANNER PROGRAM HELPS CITY STAFF AND THEIR PARTNERS DEVELOP THE SKILLS NEEDED TO ADVANCE LOCAL CLIMATE ACTION IN CITIES WORLDWIDE. THE URBAN GREENHOUSE GAS INVENTORY SPECIALIST CREDENTIAL FOCUSES ON COMMUNITY-LEVEL GREENHOUSE GAS EMISSIONS INVENTORY ACCOUNTING, WHICH IS A KEY BUILDING BLOCK IN DEVELOPING QUALITY CLIMATE ACTION PLANS. IT IS GEARED TOWARD PRACTITIONERS DEVELOPING CITY AND COMMUNITY-SCALE GREENHOUSE GAS INVENTORIES AND IS BASED ON THE GLOBAL PROTOCOL FOR COMMUNITY-SCALE GREENHOUSE GAS EMISSION INVENTORIES (GPC), THE MOST COMPREHENSIVE GLOBAL PROTOCOL FOR CALCULATING AND REPORTING GHG INVENTORIES. GBCI ADMINISTERS THE INVESTOR CONFIDENCE PROJECT (ICP), AND ITS INVESTOR READY ENERGY EFFICIENCY CERTIFICATION (IREE). ICP IS A GLOBAL UNDERWRITING STANDARD FOR DEVELOPING AND MEASURING ENERGY EFFICIENCY RETROFITS FOR COMMERCIAL AND MULTIFAMILY RESIDENTIAL BUILDINGS. THROUGH ITS IREE CERTIFICATION, ICP AIMS TO STANDARDIZE ENERGY EFFICIENCY UPGRADES AND TRANSFORM THE ENERGY EFFICIENCY MARKET BY INCREASING CONFIDENCE IN THE FINANCIAL AND ENVIRONMENTAL PERFORMANCE OF BUILDING RETROFITS. BY ONLY CERTIFYING PROJECTS THAT ADHERE TO RIGOROUS STANDARDS AND BEST PRACTICES, ICP REDUCES RISK FOR INVESTORS AND LOWERS TRANSACTION COSTS FOR BUYERS AND SELLERS OF ENERGY EFFICIENCY. THE SUSTAINABILITY EXCELLENCE ASSOCIATE (SEA) AND SUSTAINABILITY EXCELLENCE PROFESSIONAL (SEP) CREDENTIALS RECOGNIZE INDIVIDUALS DEDICATED TO MAKING THE WORLD A MORE SUSTAINABLE PLACE - ECONOMICALLY, SOCIALLY, AND ENVIRONMENTALLY. THE SEA IS DESIGNED FOR EMERGING SUSTAINABILITY PROFESSIONALS, INCLUDING STUDENTS, RECENT GRADUATES OR PROFESSIONALS LOOKING TO INCORPORATE SUSTAINABILITY CONCEPTS INTO THEIR CAREER. THE SEP DESIGNATES AN INDIVIDUAL WHO HAS EXTENSIVE EXPERIENCE IN SUSTAINABILITY AND WHO CAN DEMONSTRATE PROFESSIONAL EXCELLENCE IN THE FIELD. EARNING AN ISSP CREDENTIAL DEMONSTRATES THAT A PERSON HAS THE SKILLS AND KNOWLEDGE TO PLAN, IMPLEMENT AND EVALUATE THE INTEGRATION OF SUSTAINABILITY INTO ORGANIZATIONAL CULTURE AND PRACTICES AND IS ABREAST OF CURRENT ISSUES, TOOLS AND TECHNIQUES. THE CREDENTIALS WERE ORIGINALLY DEVELOPED BY THE INTERNATIONAL SOCIETY OF SUSTAINABILITY PROFESSIONALS (ISSP) AND ARE CURRENTLY OWNED AND ADMINISTERED BY GBCI. GBCI PERFORMS TECHNICAL REVIEWS AND VERIFICATION OF RELI PROJECTS TO DETERMINE IF THEY HAVE MET THE STANDARDS SET FORTH BY THE RELI RESILIENT BUILDING RATING SYSTEM. OWNED BY USGBC, RELI IS A RATING SYSTEM THAT TAKES A HOLISTIC APPROACH TO RESILIENT DESIGN. IT CAN BE USED TO ASSESS AND PLAN FOR ALL OF THE ACUTE HAZARDS THAT BUILDINGS AND COMMUNITIES CAN FACE DURING UNPLANNED EVENTS, PREPARE TO MITIGATE AGAINST THESE HAZARDS AND DESIGN AND CONSTRUCT BUILDINGS TO MAINTAIN CRITICAL LIFE-SAVING SERVICES IN THE EVENT OF EXTENDED LOSS OF POWER, HEATING FUEL OR WATER. RELI'S COMPREHENSIVE APPROACH LAYS THE GROUNDWORK FOR RESILIENT, REGENERATIVE AND HEALTHY OUTCOMES THAT SUPPORT QUALITY OF LIFE. THE RATING SYSTEM INCLUDES MORE THAN 50 REQUIREMENTS AND CREDITS ACROSS 8 CATEGORIES, INCLUDING PANORAMIC DESIGN; HAZARD PREPAREDNESS AND ADAPTATION; COMMUNITY VITALITY; PRODUCTIVITY; HEALTH AND DIVERSITY; ENERGY, WATER AND FOOD; MATERIALS AND ARTIFACTS AND APPLIED CREATIVITY 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 1 X 22 0 1 120 1 0 1 NL IN GM CA MX AE 0 0 0 0 0 0 X 6 6 0 1 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 8007951746 2101 L STREET NW NO 600 WASHINGTON DC 20037 X HARRY GORDON CHAIR, GBCI BOARD 5.00 X X 0 0 0 DON ANDERSON VICE CHAIR 3.00 X X 0 0 0 BEAU ARMSTRONG SECRETARY-TREASURER 3.00 X X 0 0 0 GEORGE BANDY JR DIRECTOR 2.00 X 0 0 0 JACQUELYNN HENKE DIRECTOR 2.00 X 0 0 0 LIBERTY MUNSON DIRECTOR 2.00 X 0 0 0 MAHESH RAMANUJAM PRESIDENT & CEO OF USGBC/GBCI 20.00 X 180000 0 11836 SCOT HORST FOUNDER OF ARC SKORU 40.00 X 368876 0 37615 ROGER PLATT SR. VICE PRESIDENT 40.00 X 366159 0 40806 KIMBERLY LAVERNE LEWIS SR. VICE PRESIDENT 40.00 X 208309 0 19845 BRENDAN M OWENS SR. VICE PRESIDENT TILL 12/31/2020 40.00 X 269932 0 32610 ROGER LIMOGES SR. VICE PRESIDENT 40.00 X 200993 0 34253 1594269 0 176965 39 0 1 0 US GREEN BUILDING COUNCIL 2101 L STREET NW SUITE 500 WASHINGTON DC 20037 MANAGEMENT AND ROYALTY 30108202 THE EPSTEN GROUP INC 399 EDGEWOOD AVENUE ATLANTA GA 30312 CERTIFICATION REVIEWER 3463859 SRI QUALITY SYSTEM REGISTRAR 300 NORTHPOINTE CIR 304 SEVEN FIELDS PA 16046 CERTIFICATION REVIEWER 2149886 CATALYST PARTNERS 502 2ND STREET NW 200 GRAND RAPIDS MI 49504 CERTIFICATION REVIEWER 1907300 ECOWORKS STUDIO 1321 IVERSON STREET NE ATLANTA GA 30307 CERTIFICATION REVIEWER 1585154 40 CERTIFICATION 900099 28754394 28754394 ACCREDITATION 900099 5298348 5298348 REGISTRATION 900099 5091809 5091809 FEES FOR SERVICE 900099 4927730 4927730 44072281 106357 106357 51998 43573933 0 0 51998 43573933 43625931 43625931 RELATED PARTY REVENUE 900099 5159959 5159959 MERCHANDISE 900099 93562 93562 5253521 93058090 49325802 0 43732288 X 192649 12275343 391187 1597130 1239220 11291887 197645 93092 9741 14932896 303397 228224 159104 1889665 117197 219461 10329 72198 157185 M&A TRX COSTS 7415794 CREDIT CARD FEES 561035 OTHER EXPENSES 161155 CHINA INC. TAX ACCURAL 117357 53632891 4476769 54449894 7279204 771932 66097 52364 118534 89392 4071438 4307699 6625732 710856 882364 725178 14737743 21605576 38257881 82712891 3355004 3370405 20961578 20242003 13050683 18661440 37367265 42273848 X 890616 40439043 890616 40439043 38257881 82712891 39425199 123228 0 X 0 1 X 1 0 0 GOODWILL 90212 DUE FROM U.S. GREEN BUILDING COUNCIL 7532099 DUE FROM ARC SKORU, INC. 11739161 DUE FROM GREEN BUSINESS CERTIFICATION INSTITUTE PRIVATE LTD (GBCI INDIA) 794492 DUE FROM GBCI CANADA, INC 1209936 DUE FROM GREEN BUSINESS CERTIFICATION INSTITUTE GMBH 239676 21605576 DUE TO U.S. GREEN BUILDING COUNCIL 7441375 DEFERRED PORTION OF PURCHASE PRICE OF SITES 838062 DUE TO ARC SKORU, INC. 9186521 DUE TO GREEN BUSINESS CERTIFICATION INSTITUTE PRIVATE LTD (GBCI INDIA) 17625 DUE TO GBCI CANADA 1045228 DEFERRED TAX 132629 18661440 X 56572155 123228 11956936 12080164 44491991 48566099 48566099 93058090 56975314 3342423 3342423 53632891 0 53632891 PART X, LINE 2: GBCI IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. GBCI HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019. GRESB IS SUBJECT TO LOCAL COUNTRY TAXES PER NETHERLANDS TAX REGULATIONS. THE SUBSIDIARY HAD A SURPLUS FOR THE YEAR ENDED DECEMBER 31, 2019, AND AS SUCH A TAX PROVISION OF $313,907, WHICH IS INCLUDED WITH LIABILITIES HELD FOR SALE (DISCONTINUED OPERATIONS) ON THE CONSOLIDATED BALANCE SHEET. GBCI INDIA IS SUBJECT TO LOCAL COUNTRY TAXES PER INDIA TAX REGULATIONS. THE SUBSIDIARY HAD NO TAXABLE SURPLUS FOR EACH OF THE YEARS ENDED DECEMBER 31, 2020 AND 2019, AND AS SUCH, HAD NO TAX PROVISION AT DECEMBER 31, 2020 AND 2019. ARC IS SUBJECT TO FEDERAL, STATE OR LOCAL TAX AUTHORITIES. THERE WAS NO INCOME TAX EXPENSE REPORTED FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019. ARC'S NET OPERATING LOSSES TOTALED $575,000 AT DECEMBER 31, 2019 AND WILL BEGIN TO EXPIRE IN 2022. ARC HAS RECORDED A FULL VALUATION ALLOWANCE AGAINST THESE POTENTIAL DEFERRED TAX ASSETS BASED UPON CONSIDERATION OF ALL AVAILABLE EVIDENCE AS IT IS EXPECTED THAT THE BENEFIT WILL NOT BE FULLY REALIZED. AS A RESULT, ARC STATEMENTS REFLECT NO DEFERRED TAX ASSETS ON A NET BASIS AS OF DECEMBER 31, 2020 AND 2019. GBCI CANADA IS SUBJECT TO LOCAL COUNTRY TAXES PER CANADA TAX REGULATIONS. THE SUBSIDIARY HAD A SURPLUS FOR EACH OF THE YEARS ENDED DECEMBER 31, 2020 AND 2019, AND AS SUCH A TAX PROVISION OF $36,182 AND $45,996 AT DECEMBER 31, 2020 AND 2019, RESPECTIVELY. GBCI EUROPE IS SUBJECT TO LOCAL COUNTRY TAXES PER GERMANY TAX REGULATIONS. THE SUBSIDIARY HAD NO TAXABLE SURPLUS FOR THE YEARS ENDED DECEMBER 31, 2020, AND AS SUCH, HAD NO TAX PROVISION AT DECEMBER 31, 2020. THE SUBSIDIARY HAD A SURPLUS FOR THE YEAR ENDED DECEMBER 31, 2019, AND AS SUCH A TAX PROVISION OF $271 AT DECEMBER 31, 2019. MANAGEMENT EVALUATED GBCI'S TAX POSITIONS AND CONCLUDED THAT GBCI HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, GBCI IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENT 11,956,936. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF GRESB BV REPORTED IN PART VIII, LINE 7 43,406,140. RELATED PARTY REVENUE REPORTED IN PART VIII, LINE 7 5,159,959. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENT 3,342,423. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES PROMETRIC (EXAM) FEES 670 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES PROMETRIC (EXAM) FEES 140553 EUROPE (INCLUDING ICELAND & GREENLAND) 0 2 PROGRAM SERVICES PROMETRIC (EXAM) FEES 30989 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES PROMETRIC (EXAM) FEES 53559 NORTH AMERICA 0 1 PROGRAM SERVICES PROMETRIC (EXAM) FEES 47321 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES PROMETRIC (EXAM) FEES 268 SOUTH AMERICA 0 2 PROGRAM SERVICES PROMETRIC (EXAM) FEES 3053 SOUTH ASIA 0 1 PROGRAM SERVICES PROMETRIC (EXAM) FEES 12946 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES PROMETRIC (EXAM) FEES 748 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GENERAL EXPENSES PYRLL/CONSULTING/OTHER GENERAL OFFICE 19164 EAST ASIA AND THE PACIFIC 0 0 GENERAL EXPENSES PYRLL/RENT/TRAVEL/CONSULTING/LEGAL/GEN OFFICE 3445654 NORTH AMERICA 0 0 GENERAL EXPENSES LEGAL/CONSULTING/MARKETING 83122 SOUTH ASIA 0 0 GENERAL EXPENSES CONSULTING 25616 MIDDLE EAST AND NORTH AFRICA 0 0 GENERAL EXPENSES CONSULTING/TRAVEL/OTHER GENERAL OFFICE EXP 121968 SOUTH AMERICA 0 0 GENERAL EXPENSES CONSULTING/TRAVEL/OTHER GENERAL OFFICE EXP 198957 NORTH AMERICA 0 0 INVESTMENT IN CANADA 23284 SOUTH ASIA 0 0 INVESTMENT IN GREEN BUSINESS CERTIFICATION INSTITUTE PRIVATE LIMITED - INDIA 651342 0 8 0 0 0 8 289359 4569855 4859214 1 0 1 0 0 1 PART III ACCOUNTING METHOD: 1 0 0 ROGER PLATT SR. VICE PRESIDENT 358167 0 7992 0 0 0 11875 0 30557 0 408591 0 0 0 SCOT HORST FOUNDER OF ARC SKORU 360884 0 7992 0 0 0 11400 0 27841 0 408117 0 0 0 BRENDAN M OWENS SR. VICE PRESIDENT TILL 12/31/2020 234381 0 0 0 35551 0 3600 0 30587 0 304119 0 0 0 ROGER LIMOGES SR. VICE PRESIDENT 197113 0 3880 0 0 0 8039 0 27487 0 236519 0 0 0 KIMBERLY LAVERNE LEWIS SR. VICE PRESIDENT 203590 0 4719 0 0 0 8039 0 13032 0 229380 0 0 0 MAHESH RAMANUJAM PRESIDENT & CEO OF USGBC/GBCI 180000 0 0 0 0 0 5700 0 6949 0 192649 0 0 0 PART I, LINE 3 THE COMPENSATION PRESENTED IN PART VII AND SCHEDULE J, PART II IS PAID BY U.S. GREEN BUILDING COUNCIL, INC. (USGBC). USGBC IS AN UNRELATED ORGANIZATION THAT ACTS AS A COMMON PAYMASTER FOR GREEN BUSINESS CERTIFICATION INC. (GBCI) . THE COMPENSATION REPORTED IN PART VII AND SCHEDULE J PART II OF GBCI REPRESENT THE MONIES PAID TO THE REPORTED INDIVIDUALS BY USGBC FOR SERVICES PROVIDED TO GBCI. OTHER THAN THEN THE PRESIDENT & CEO MAHESH RAMANUJAM, ALL INDIVIDUALS LISTED IN PART VII OF THE FORM 990 AND SCHEDULE J, PART II WORK FULL TIME FOR GBCI. PRESIDENT & CEO MAHESH RAMANUJAM DIVIDES HIS TIME EVENLY BETWEEN GBCI AND USGBC. THE AMOUNTS PRESENTED IN PART VII AND SCHEDULE J, PART II OF THE GBCI FORM 990 REPRESENT THE SALARY ALLOCATED TO GBCI FOR MAHESH RAMANUJAM'S TIME SPENT ON GBCI BUSINESS. FOR PRESIDENT & CEO MAHESH RAMANUJAM, GBCI RELIES ON THE COMPENSATION DETERMINATION METHODS THAT ARE THOSE USED BY USGBC. THE COMPENSATION DETERMINATION METHODS ARE AS FOLLOWS: THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO INCLUDES THE FOLLOWING KEY COMPONENTS: - SELF-EVALUATION - DONE BY CEO - SURVEY UTILIZING ELECTRONIC SURVEY TOOL - COMPLETED BY BOARD OF DIRECTORS + SENIOR STAFF - REVIEW SURVEY RESULTS AND DISCUSS WITH THE CEO - HANDLED BY COMPENSATION COMMITTEE (3 BOARD OFFICERS - CHAIR, IMMEDIATE PAST CHAIR, CHAIR ELECT) - REVIEW ASSESSMENT WITH BOARD AND SOLICIT COMMENTS IN EXECUTIVE SESSION - BOARD/CHAIR - REVIEW FINAL ASSESSMENT AND DEVELOP PLAN FOR FUTURE DEVELOPMENT AND COMPENSATION - COMPENSATION COMMITTEE /CEO AN EXTERNAL CONSULTING FIRM WAS UTILIZED TO ADMINISTER THE SURVEY AND COMPILE RESULTS, AND TO PROVIDE COMPARATIVE DATA AND AN ASSESSMENT OF THE COMPENSATION PACKAGE. THE COMPENSATION FOR ALL STAFF OTHER THAN CEO, INCLUDING OFFICER'S AND KEY EMPLOYEE'S, IS SET BY THE CEO OF OUR ORGANIZATION. THIS COMPENSATION IS BASED ON ANNUAL PERFORMANCE EVALUATIONS WHERE STAFF IS MEASURED AGAINST PREVIOUSLY ASSIGNED OBJECTIVES. A COMPENSATION SURVEY IS DONE EVERY OTHER YEAR BY AN EXTERNAL CONSULTING FIRM WHICH COMPARES USGBC SALARIES TO THOSE OF COMPARABLY SIZED NGOS IN THE WASHINGTON, DC REGION. PART I, LINE 4A BRENDAN OWENS, SVP RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $35,551. SALE OF GRESB B.V. (GRESB) 2020-11-10 43406140 SALES PRICE GRESB TOPCO BV BARBARA STROZZILAAN 101 AMSTERDAM NL 1 PRIVATE LIMITED LIABILITY COMPANY 0 0 0 0 AMENDED FORM 990 AN AMENDED FORM 990 IS BEING FILED UNDER THE DELINQUENT INTERNATIONAL INFORMATION RETURN SUBMISSION PROCEDURES TO INCLUDE FORM 5471, "INFORMATION RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN CORPORATIONS," FOR GREEN BUSINESS CERTIFICATION INSTITUTE DMCC, AN ENTITY ORGANIZED IN UAE ON 1/31/2018. THE TAXPAYER IS ALSO AMENDING FORM 8992 WITH THE AMENDED RETURN TO INCLUDE THE TESTED INCOME/LOSS FOR THE UAE ENTITY. ADDITIONALLY, FORM 990 SCHEDULE R, PART IV HAS BEEN UPDATED TO CORRECTLY REPORT GREEN BUSINESS CERTIFICATION INSTITUTE DMCC. THE TAXPAYER MEETS ALL REQUIREMENTS OF THE DELINQUENT INTERNATIONAL INFORMATION RETURN SUBMISSION PROCEDURES. FORM 990, PART VI, SECTION A, LINE 3 ON JANUARY 1, 2008, GBCI ENTERED INTO A MEMORANDUM OF UNDERSTANDING WITH USGBC WHEREBY EACH ORGANIZATION PAYS THEIR SHARE OF JOINT COSTS WHICH ARE ALLOCATED TO EACH ORGANIZATION BASED ON A REASONABLE ALLOCATION RATE. ALL EMPLOYEES ARE EMPLOYED BY USGBC AND GBCI WILL REIMBURSE USGBC FOR THEIR SHARE OF THOSE ALLOCATED SALARIES AND BENEFITS. ADDITIONALLY GBCI WILL REIMBURSE USGBC FOR THEIR SHARE OF OFFICE SPACE, SERVICES AND OTHER OVERHEAD EXPENSES. MANAGEMENT FEES CHARGED TO GBCI DURING THE YEAR ENDED DECEMBER 31, 2020, WERE $11,291,887. FORM 990, PART VI, SECTION A, LINE 7A PRESIDENT & CEO OF USGBC SERVES AS A THE PRESIDENT & CEO OF GBCI, WHICH INCLUDES SERVING EX-OFFICIO NON-VOTING ON BOTH BOARDS FORM 990, PART VI, SECTION A, LINE 8B THERE IS NO COMMITTEE WHICH HAS BEEN DELEGATED THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED EACH YEAR BY SENIOR STAFF, IN ASSOCIATION WITH TAX ADVISORS, AND FILED WITH THE IRS. PRIOR TO FILING, GBCI WILL PROVIDE A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS. THE FORM 990 IS POSTED TO THE BOARD PORTAL FOR A MINIMUM OF TWO DAYS PRIOR TO THE FILING BEING SENT IN TO THE IRS. AN EMAIL IS SENT TO ALL BOARD MEMBERS NOTIFYING THEM THAT THE FORM 990 IS AVAILABLE FOR THEIR REVIEW AND REQUESTING THAT THEY RESPOND TO RAISE ANY QUESTIONS OR CONCERNS THEY MIGHT HAVE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY DISCLOSURE PROCEDURES SUMMARY: 1) EACH DIRECTOR, CORPORATE OFFICER AND MEMBER OF A COMMITTEE OR OTHER DECISION-MAKING BODY SIGNS AN ANNUAL STATEMENT AFFIRMING THAT S/HE: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THAT IN ORDER TO GBCI TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. 2) EACH DIRECTOR, CORPORATE OFFICER AND MEMBER OF A COMMITTEE OR OTHER DECISION-MAKING BODY ALSO MAKES AN ANNUAL FULL AND FRANK DISCLOSURE OF HIS OR HER INTEREST. 3) AT EACH BOARD AND COMMITTEE MEETING, THE MEMBERS DISCLOSE ANY CONFLICTS THEY HAVE RELATIVE TO THE MEETING AGENDA; IF THEY DISCLOSE A CONFLICT THEY ALSO ABSTAIN FROM VOTING RELATED TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE PRESIDENT/CEO OF GBCI IS RECOMMENDED BY THE BOARD TO THE USGBC BOARD. THIS COMPENSATION IS BASED ON PERFORMANCE EVALUATIONS WHERE THEY ARE MEASURED AGAINST PREVIOUSLY ASSIGNED OBJECTIVES. THE REVIEW IS DONE BY THE CHAIR OF THE BOARD. TO ESTABLISH THE INITIAL COMPENSATION, A COMPENSATION SURVEY WAS DONE BY AN EXTERNAL CONSULTING FIRM WHICH COMPARES SALARIES TO THOSE OF COMPARABLY SIZED NGOS IN THE WASHINGTON, DC REGION. OTHER EMPLOYEES' SALARIES ARE SET BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 GBCI PROVIDES THE PUBLIC WITH ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. THE FOLLOWING DOCUMENTS CAN BE MADE AVAILABLE FOR PUBLIC REVIEW: - FOUNDING DOCUMENTS - COMMITTEE POLICIES AND PROCEDURES - BYLAWS - CONFLICT OF INTEREST POLICY - ANTITRUST COMPLIANCE POLICY - OTHER PROGRAM RELATED POLICIES OUR FINANCIAL STATEMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST AS WELL AS PROVIDING A COPY OF OUR FORM 990 FILING UPON REQUEST. FORM 990, PART VII, LINE 5, COMPENSATION FROM UNRELATED ORGANIZATION GBCI HAS A MANAGEMENT AGREEMENT WITH USGBC, AND IN ACCORDANCE WITH THAT AGREEMENT, GBCI PAYS USGBC FOR THE SERVICES OF CERTAIN EMPLOYEES. WHILE EMPLOYEES WHO PROVIDE SERVICES TO GBCI ARE PAID BY USGBC FOR SERVICES TO GBCI, GBCI AND USGBC ARE UNRELATED PARTIES. COMPENSATION REPORTED ON THIS FORM REPRESENTS GBCI PORTION ONLY. FORM 990, PART IX, LINE 11G CREDENTIALING CONSULTING (EXAM/ACCRED EXP) 943,229. CERTIFICATION CONSULTING + CUSTOMER SERVICE 10,073,115. CONSULTING 3,916,552. GRESB BV (NO EIN) BARBARA STROZZILAAN 101 AMSTERDAM NL 1083HN SEE PART VII NL GREEN BUSINESS CERTIFICATION INC C 8139095 3821557 1.00000 1 GREEN BUSINESS CERTIFICATION INSTITUTE PRIVATE LIMITED (NO EIN) UNIT 610-618 TOWER A SPAZEL TECH GURGAON HARYANA IN CERTIFICATION IN GREEN BUSINESS CERTIFICATION INC C 1647195 446713 1.00000 1 ARC SKORU INC 2099 PENNSYLVANIA AVE NW WASHINGTON DC 20006 814943088 SEE PART VII DE GREEN BUSINESS CERTIFICATION INC C 4096782 3318719 1.00000 0 GREEN BUSINESS CERTIFICATION INSTITUTE S DE R L DE CV REFORMA 505 PISO 32 COL CUAUHTMO DELEGACIN CUAUHTMOC CP MEXICO CITY MX MARKET DEVELOPMENT MX GREEN BUSINESS CERTIFICATION INC C 25528 1.00000 0 GREEN BUSINESS CERTIFICATION INSTITUTE GMBH STEINSDORFSTR 8 80538 MUNICH VAT# DE XXX-XX-XXXX GM MARKET DEVELOPMENT GM GREEN BUSINESS CERTIFICATION INC C 673480 621544 1.00000 0 GBCI CANADA 47 CLARENCE STREET STE 202 OTTAWA CA K1N 9K1 SEE PART VII CA GREEN BUSINESS CERTIFICATION INC C 1554174 1135490 0.60000 0 GREEN BUSINESS CERTIFICATION INSTITUTE DMCC SWISS TOWER UNIT 1001-18 PLOT JLT-P DUBAI AE CERTIFICATION AE GREEN BUSINESS CERTIFICATION INC C 16183 19602 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 GRESB BV S 5938000 COST CANADA GREEN BUILDING COUNCIL A 69519 COST CANADA GREEN BUILDING COUNCIL R 23283 COST SCHEDULE R, PART IV, COLUMN (B), PRIMARY ACTIVITY ARC IS A STATE-OF-THE-ART PLATFORM DESIGNED TO HELP BUILDING OWNERS COLLECT, MEASURE PERFORMANCE, MAKE IMPROVEMENTS AND BENCHMARK AGAINST OTHER PROJECTS. IT IS A COMPLEMENT TO LEED AND OTHER GREEN BUILDING RATING SYSTEMS, STANDARDS, PROTOCOLS AND GUIDELINES AND ALLOWS BUILDINGS AND SPACES TO COMPARE PERFORMANCE METRICS AND CONNECT THOSE METRICS TO GREEN BUILDING STRATEGIES. SCHEDULE R, PART IV, COLUMN (B), PRIMARY ACTIVITY GRESB B.V. IS AN INDUSTRY-DRIVEN ORGANIZATION COMMITTED TO ASSESSING THE SUSTAINABILITY PERFORMANCE OF REAL ESTATE PORTFOLIOS (PUBLIC, PRIVATE AND DIRECT) AROUND THE GLOBE. THE DYNAMIC BENCHMARK IS USED BY INSTITUTIONAL INVESTORS TO ENGAGE WITH THEIR INVESTMENTS WITH THE AIM TO IMPROVE THE SUSTAINABILITY PERFORMANCE OF THEIR INVESTMENT PORTFOLIO, AND THE GLOBAL PROPERTY SECTOR AT LARGE. THIS ENTITY WAS SOLD ON NOVEMBER 10, 2020. SCHEDULE R, PART V, LINE 2 THE AMOUNT REPORTED IN SCHEDULE R, LINE 2 RELATED TO LINE 1 ITEM B PAYMENTS, DO NOT RISE TO THE LEVEL OF TAXABLE INCOME PER THE EXCEPTIONS AS PROVIDED FOR IN SECTION 512(B)(13).