2025-08-27T14:28:47-05:00 2024-10-31 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2023-11-01 223053747 CERES INC CERE 6172470700 99 CHAUNCY STREET 6TH FLOOR BOSTON MA 021111703 SUSAN BOYER CHIEF FIN. & ADMIN. OFFICER 6172470700 2025-08-25 1 1 BRENDA L BOOTH P01342395 6178075000 2025-08-25 2023 2025-03-06 01:10:19Z CERES MINDY LUBBER 99 CHAUNCY STREET 6TH FLOOR BOSTON MA 021111703 47294668 0 X WWW.CERES.ORG X 1990 MA CERES IS A NONPROFIT ADVOCACY ORGANIZATION WORKING TO ACCELERATE THE TRANSITION TO A CLEANER, MORE JUST, AND RESILIENT WORLD. THROUGH EDUCATION AND RESEARCH, WE MAKE THE BUSINESS CASE FOR ACTION ON THE MOST PRESSING SUSTAINABILITY CHALLENGES FACING OUR ECONOMY TODAY: CLIMATE CHANGE, WATER SCARCITY AND POLLUTION, AND NATURE AND BIODIVERSITY LOSS. WITH DATA-DRIVEN RESEARCH AND EXPERT ANALYSIS, WE INSPIRE INVESTORS AND COMPANIES TO ACT ON THESE GLOBAL CHALLENGES AND ADVOCATE FOR MARKET AND POLICY SOLUTIONS. 22 21 285 59 0 0 37715599 36311498 5185948 4357398 308027 283830 277914 -32276 43487488 40920450 5098907 8983926 0 0 26995978 27776886 0 21000 2939940 9507902 7472408 41602787 44254220 1884701 -3333770 43309140 39036636 6519162 5501751 36789978 33534885 X CERES IS A NONPROFIT ADVOCACY ORGANIZATION WORKING TO ACCELERATE THE TRANSITION TO A CLEANER, MORE JUST, AND RESILIENT WORLD. THROUGH EDUCATION AND RESEARCH, WE MAKE THE BUSINESS CASE FOR ACTION ON THE MOST PRESSING SUSTAINABILITY CHALLENGES FACING OUR ECONOMY TODAY: CLIMATE CHANGE, WATER SCARCITY AND POLLUTION, AND NATURE AND BIODIVERSITY LOSS. WITH DATA-DRIVEN RESEARCH AND EXPERT ANALYSIS, WE INSPIRE INVESTORS AND COMPANIES TO ACT ON THESE GLOBAL CHALLENGES AND ADVOCATE FOR MARKET AND POLICY SOLUTIONS. 0 0 18934230 8687383 1281364 ACCELERATING SUSTAINABLE CAPITAL MARKET: SEE SCHEDULE OACCELERATING SUSTAINABLE CAPITAL MARKET: THE CERES ACCELERATOR FOR SUSTAINABLE CAPITAL MARKETS AIMS TO IMPROVE THE PRACTICES AND POLICIES THAT GOVERN CAPITAL MARKETS TO REDUCE THE FINANCIAL IMPACTS OF CLIMATE CHANGE AND PROMOTE OPPORTUNITIES ASSOCIATED WITH THESE CHANGES. WE EDUCATE AND ENGAGE REGULATORS, FINANCIAL INSTITUTIONS, INVESTORS, INSURERS AND CORPORATE BOARDS TO ACT ON CLIMATE RISK AS A SYSTEMIC FINANCIAL RISK.CERES MEANINGFULLY ENGAGES WITH INVESTORS, COMPANIES, POLICYMAKERS, AND REGULATORS TO BUILD RESPONSIBLE LEADERSHIP AND SPUR REAL ECONOMIC CHANGE. WE:- DELIVER CLEAR, DATA-DRIVEN RESEARCH AND INSIGHTS ON FINANCIAL RISKS AND MARKET OPPORTUNITIES THAT MAKE THE BUSINESS CASE FOR ACTION.- EDUCATE AND SUPPORT INVESTORS AND COMPANIES TO SET PRACTICAL GOALS, DEVELOP TRANSITION PLANS, AND IMPLEMENT STRATEGIES THAT BOOST PROFITABILITY AND COMPETITIVENESS.- ENGAGE STATE AND FEDERAL POLICYMAKERS ON BOTH SIDES OF THE AISLE TO ADVANCE MARKET-BASED POLICIES.- LEAD GLOBAL INITIATIVES THAT ENCOURAGE INNOVATION, INCREASE ACCOUNTABILITY, AND IMPROVE TRANSPARENCY.- HOST HIGH-LEVEL GATHERINGS TO FOSTER COLLABORATION AND PARTNERSHIPS AND SHOWCASE MEANINGFUL ECONOMIC PROGRESS. 5238899 1069104 POLICY: SEE SCHEDULE OPOLICY: THE CERES POLICY NETWORK REPRESENTS SOME OF THE MOST WELL-KNOWN U.S. BRANDS THAT HAVE EMERGED AS LEADING ADVOCATES FOR CLIMATE AND CLEAN ENERGY POLICIES AT THE STATE AND FEDERAL LEVEL. BASED ON OUR EXTENSIVE RESEARCH AND THOUGHT LEADERSHIP, WE WORK WITH MAJOR U.S COMPANIES, EDUCATING THEM AND EQUIPPING THEM WITH THE NECESSARY TOOLS AND KNOWLEDGE TO COLLECTIVELY ADVOCATE FOR POLICY SOLUTIONS AT THE STATE AND FEDERAL LEVELS. NETWORK MEMBERS ARE ENCOURAGED TO SUPPORT POLICIES THAT PRIORITIZE CLEAN ENERGY TECHNOLOGIES AND RECOGNIZING CLIMATE-RELATED FINANCIAL RISKS TO UNLOCK NEW BUSINESS OPPORTUNITIES AND FOSTER INNOVATION AND JOB GROWTH. THROUGH IN-PERSON MEETINGS WITH POLICYMAKERS ACROSS THE POLITICAL SPECTRUM, SIGN-ON ADVOCACY LETTERS, SPEAKING ENGAGEMENTS, AND OP-ED PLACEMENT, THE CERES POLICY NETWORK PROVIDES MEMBERS WITH NUMEROUS OPPORTUNITIES TO MAKE THE BUSINESS CASE FOR BUILDING A CLEANER, JUST AND MORE RESILIENT ECONOMY. CERES DOES NOT CONTRIBUTE TO OR BECOME INVOLVED IN POLITICAL CAMPAIGNS. 4240904 70000 42195 CLIMATE AND ENERGY: SEE SCHEDULE OCLIMATE AND ENERGY: CERES EDUCATES AND SUPPORTS INVESTORS, COMPANIES, AND POLICYMAKERS TO MAKE THE BUSINESS CASE FOR SENSIBLE CLIMATE ACTION. WE ENGAGE WITH INVESTORS AND COMPANIES IN KEY ECONOMIC SECTORS TO HELP IDENTIFY CLIMATE-RELATED FINANCIAL RISKS, CREATE ROBUST TRANSITION ACTION PLANS, AND ENCOURAGE DISCLOSURE, ALL IN THE CONTEXT OF FULFILLING FIDUCIARY DUTY. WE ALSO SUPPORT INVESTORS AND COMPANIES WHO ENGAGE WITH KEY LAWMAKERS AND REGULATORS TO MAKE THE ECONOMIC CASE FOR RESPONSIBLE CLIMATE AND ENERGY POLICIES AT ALL LEVELS OF GOVERNMENT.THE CERES AMBITION 2030 INITIATIVE ADVANCES EFFORTS TO REDUCE CARBON EMISSIONS, CONSISTENT WITH LONG-TERM PROFITABILITY, IN SIX OF THE ECONOMY'S MOST CRITICAL SECTORS - BANKING, ELECTRIC POWER, FOOD AND AGRICULTURE, OIL AND GAS, STEEL, AND TRANSPORTATION. 3014450 2034029 RESPONSIBLE BUSINESS STRATEGIES: THE CERES COMPANY NETWORK DRAWS ON DECADES OF RESEARCH AND EXPERTISE TO EDUCATE AND SUPPORT COMPANIES IN INTEGRATING RESPONSIBLE BUSINESS STRATEGIES THAT PROTECT THEIR BOTTOM LINE FROM SYSTEMIC FINANCIAL CLIMATE RISKS. OUR VOLUNTARY MEMBERSHIP NETWORK INCLUDES FORTUNE 500 FIRMS AND OTHER COMPANIES ACROSS SECTORS INCLUDING ELECTRIC POWER, FOOD, FINANCIAL SERVICES, TECHNOLOGY AND TRANSPORTATION. WE WORK CLOSELY WITH EACH COMPANY NETWORK MEMBER TO UNDERSTAND THEIR UNIQUE BUSINESS NEEDS, IDENTIFY THEIR MOST MATERIAL SUSTAINABILITY ISSUES, AND CO-CREATE TAILORED STRATEGIES THAT TURN RISK INTO OPPORTUNITY. 2004911 17347 WATER SCARCITY AND POLLUTION: BASED ON OUR RESEARCH AND THOUGHT LEADERSHIP, WE SUPPORT INVESTORS AND COMPANIES THAT ARE TURNING SMART WATER MANAGEMENT INTO A BUSINESS FUNDAMENTAL. WE HELP SHOW THAT INDUSTRY LEADERS CAN MAXIMIZE FINANCIAL RETURNS BY ADVANCING PRIVATE-SECTOR ACTION TO ADDRESS THE IMPACTS OF GROWING WATER DEMAND, WASTEFUL USE, HARMFUL POLLUTION, AND THE WORSENING CLIMATE CRISIS.WE EDUCATE AND SUPPORT INVESTORS TO ADDRESS WATER RISK WITHIN THEIR OWN INVESTMENT STRATEGIES AND THE COMPANIES THEY INVEST IN. THE INVESTOR WATER TOOLKIT, DEVELOPED IN COLLABORATION BETWEEN CERES AND MORE THAN 40 INSTITUTIONAL INVESTORS, IS A COMPREHENSIVE RESOURCE ENABLING INVESTORS TO EVALUATE AND TACKLE THE WATER RISKS IN THEIR INVESTMENT PORTFOLIOS.THE CERES VALUING WATER FINANCE INITIATIVE IS A VOLUNTARY INITIATIVE FOR INVESTORS TO ENGAGE COMPANIES ON THE FINANCIAL IMPACTS OF WATER RISK AND TO HELP PROTECT WATER SYSTEMS. MORE THAN 100 INVESTORS ARE ENGAGING WITH MORE THAN 70 COMPANIES FROM FOUR WATER INTENSIVE INDUSTRIES (APPAREL, BEVERAGE, FOOD, AND HIGH-TECH) TO ADDRESS THEIR BROAD WATER IMPACTS AND INVESTMENTS. INVESTORS WHO JOIN THE INITIATIVE HELP COMPANIES REVIEW THEIR BUSINESS OPERATIONS AND SUPPLY CHAINS TO PROTECT AGAINST WATER-RELATED FINANCIAL THREATS. 3377820 226543 17347 NATURE AND BIODIVERSITY LOSS: CERES SUPPORTS INVESTORS AND COMPANIES WORKING TO ADDRESS THE FINANCIAL CONCERNS RELATED TO NATURE AND BIODIVERSITY LOSS BY PUBLISHING NEW RESEARCH AND THOUGHT LEADERSHIP THAT HELPS ADDRESS KEY DRIVERS SUCH AS DEFORESTATION, POLLUTION, WATER SCARCITY AND CLIMATE CHANGE. CERES SUPPORTS AND EDUCATES INVESTORS TO HELP THEM ADDRESS THESE ESCALATING RISKS WITHIN THEIR OWN INVESTMENT STRATEGIES AND WITH THE COMPANIES THEY INVEST IN. OUR FOOD EMISSIONS 50 INITIATIVE SUPPORTS INVESTORS IN ENGAGING 50 OF THE LARGEST FOOD COMPANIES OPERATING IN NORTH AMERICA TO CAPITALIZE ON OPPORTUNITIES IN THE TRANSITION TO A MORE RESILIENT FOOD SYSTEM. WE ARE ALSO A FOUNDING PARTNER OF NATURE ACTION 100, A VOLUNTARY INITIATIVE FOR INVESTORS TO ENGAGE COMPANIES IN KEY SECTORS TO ACT ON THE FINANCIAL IMPACTS OF NATURE LOSS AND BIODIVERSITY DECLINE.CERES ALSO WORKS WITH SOME OF THE LARGEST COMPANIES TO HELP UNDERSTAND THEIR IMPACT ON NATURAL ECOSYSTEMS AND ADVOCATE FOR POLICIES THAT WILL HELP PROTECT NATURE AND BIODIVERSITY WHILE STILL MAXIMIZING FINANCIAL RETURNS. CERES IS THE CONVENER OF THE U.S. CONSULTATION GROUP FOR THE TASKFORCE FOR NATURE-RELATED FINANCIAL DISCLOSURES (TNFD), AN INITIATIVE THAT HAS RELEASED RECOMMENDATIONS FOR COMPANIES TO ASSESS AND DISCLOSE THEIR NATURE-RELATED DEPENDENCIES, IMPACTS, RISKS, AND OPPORTUNITIES. 8397181 226543 2068723 36811214 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 90 0 1 285 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 21 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA NY CA AL AK AZ AR CO CT FL GA IL KS ME MD MI MN KY MO NH NJ NM MS OH OK OR PA NC SC TN UT VA RI WV WI WA DC X X X GABRIELA GOFF CONTROLLER 6172470700 99 CHAUNCY STREET 6TH FLOOR BOSTON MA 021111703 X GEORGES BENJAMIN DIRECTOR (UNTIL OCT. 2024) 5.00 X 0 0 0 LOREN BLACKFORD DIRECTOR 5.00 X 0 0 0 BILL DAVIS DIRECTOR 5.00 X 0 0 0 TONY DAVIS CO-CHAIR 5.00 X X 0 0 0 THOMAS DINAPOLI DIRECTOR 5.00 X 0 0 0 VERONICA EADY DIRECTOR 5.00 X 0 0 0 MICHAEL FRERICHS DIRECTOR 5.00 X 0 0 0 MARCIE FROST DIRECTOR 5.00 X 0 0 0 MICHEL GELOBTER DIRECTOR (UNTIL OCT. 2024) 5.00 X 0 0 0 CHRIS GOOLGASIAN DIRECTOR 5.00 X 0 0 0 RALPH IZZO DIRECTOR 5.00 X 0 0 0 KIRSTY JENKINSON DIRECTOR 5.00 X 0 0 0 BRAD LANDER DIRECTOR 5.00 X 0 0 0 ROBERT LITTERMAN DIRECTOR 5.00 X 0 0 0 BERTRAND MILLOT DIRECTOR 5.00 X 0 0 0 JACQUELINE PATTERSON DIRECTOR 5.00 X 0 0 0 JANET RANGANATHAN CO-CHAIR 5.00 X X 0 0 0 PETER ROSENBLUM DIRECTOR (UNTIL OCT. 2024) 5.00 X 0 0 0 BARNEY SCHAUBLE CHAIR (UNTIL JUNE 2024) 5.00 X X 0 0 0 ALICIA SEIGER SECRETARY 5.00 X X 0 0 0 ANNE SIMPSON DIRECTOR 5.00 X 0 0 0 DEBBIE SIMPSON DIRECTOR 5.00 X 0 0 0 VIEN TRUONG DIRECTOR 5.00 X 0 0 0 ION YADIGAROGLU DIRECTOR 5.00 X 0 0 0 BETTY YEE TREASURER 5.00 X X 0 0 0 MINDY LUBBER CEO AND PRESIDENT 40.00 X X 311427 0 41260 SUSAN SAYERS CHIEF DEVELOPMENT OFFICER 40.00 X 288120 0 41852 DAWN MARTIN UNTIL AUG 2024 EXEC. VP & CHIEF PROGRAM OFFICER 40.00 X 255415 0 25089 SUSAN BOYER CHIEF FINAN. & ADMIN. OFFICER 40.00 X 252762 0 43764 DONNA DANIELS CHIEF PEOPLE & DIVERSITY OFFICER 40.00 X 216420 0 22499 MICHAEL BOUDETT GENERAL COUNSEL 40.00 X 198392 0 8492 STEVEN ROTHSTEIN MANAGING DIRECTOR 40.00 X 235895 0 36844 DAVID ZIV-KREGER VP, FOUNDATION DEVELOPMENT 40.00 X 215795 0 38892 ANNE KELLY VP, GOVERNMENT RELATIONS 40.00 X 214649 0 9275 KIRSTEN SPALDING VP, INVESTOR NETWORK 40.00 X 202771 0 50761 LESLIE CORDES VP, PROGRAMS 40.00 X 200759 0 10899 2592405 0 329627 63 0 1 0 TECH SUPERPOWERS LLC 500 HARRISON AVENUE STE 108 BOSTON MA 02118 TECH SUPPORT 330058 K&L GATES LLP 1601 K STREET NW WASHINGTON DC 20006 PROGRAM CONSULTING 165405 JOHN KOSTYACK 1025 LAMONT ST NW UNIT 1 WASHINGTON DC 20010 PROGRAM CONSULTING 159175 3 1005529 35305969 1180684 36311498 MEMBERSHIP DUES 540000 3932337 3932337 CONF. FEES & SPONS. 540000 327561 327561 FEE FOR SERVICE 540000 97500 97500 4357398 582701 582701 5761099 5760709 299261 390 -299261 -298871 -298871 103500 1005529 314248 -210748 -210748 SUBLEASE 530000 74484 74484 HONARARIA 540000 70250 70250 REIMBURSEMENTS/REVENUE 540000 8919 8919 24819 24819 178472 40920450 4461386 0 147566 540485 540485 8443441 8443441 2592405 1382663 773077 436665 19625279 15687867 2320674 1616738 797518 645910 94786 56822 3101389 2303969 498902 298518 1660295 1286302 224513 149480 160125 133877 26248 136337 17089 119248 230490 230490 21000 21000 2583076 2468760 39114 75202 359140 359140 588317 493393 49628 45296 552483 456151 52722 43610 503429 402539 61352 39538 840700 750365 14305 76030 734556 680733 23107 30716 458647 356468 62136 40043 88019 88019 RESEARCH/WRITING 160308 160308 BAD DEBT EXPENSE 52255 52255 PRINTING 24526 11264 2980 10282 44254220 36811214 4503066 2939940 2276568 260932 18374055 23242286 17960144 11003802 972336 942231 885185 1284538 2367278 1674514 1024085 692764 1816767 1610083 43309140 39036636 5745281 4574544 773881 927207 6519162 5501751 X 8420782 8530566 28369196 25004319 36789978 33534885 43309140 39036636 -3333770 78677 0 X 0 1 X 1 0 X 22893848 43090067 30663040 41795007 40243835 178685797 22893848 43090067 30663040 41795007 40243835 178685797 22983221 155702576 257983 106124 240177 589347 657185 1850816 180536613 5591060 0.86240 0.79960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 230490 230490 41083790 41314280 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 150882 257219 322061 230490 960652 250000 250000 250000 250000 1000000 1500000 1369790 860038 509752 997488 814476 183012 692764 X 42468254 78677 1154879 314248 1547804 40920450 0 40920450 45723347 1154879 314248 1469127 44254220 0 44254220 PART X, LINE 2: CERES ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. CERES HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATION AS TO WHAT INCOME IS RELATED AND UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, CERES HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. CERES IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. CERES' FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 314,248. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 314,248. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 3022662 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 5347446 SOUTH AMERICA 0 0 GRANTMAKING 73333 0 0 0 0 0 0 8443441 0 8443441 EUROPE (INCLUDING ICELAND & GREENLAND) TO FORGE A CONSENSUS AMONG THE NGO INVESTOR NETWORKS ON INVESTOR INDICATORS THAT WILL SUPPORT INVESTOR NET ZERO EMISSIONS BY 2050 IN THE GLOBAL STEEL INDUSTRY. 50000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) IN SUPPORT OF CLIMATE ACTION 100+: INVESTORS ENGAGING WITH CORPORATIONS ON CLIMATE CHANGE. 2208732 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) TO SUPPORT ENGAGEMENT GROUPS FOR 20 EUROPEAN, CANADIAN AND ASIAN BANKS ON THE PARIS AGREEMENT GOALS TO HELP INVESTORS UNDERSTAND AND MANAGE CLIMATE-RELATED FINANCIAL RISKS. 100000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) TO SUPPORT INVESTOR NET ZERO COMMITMENTS, IMPLEMENTATION, AND ACCOUNTABILITY AND TO SUPPORT INVESTORS WORLDWIDE WHO ADVOCATE FOR THE POLICIES NEEDED TO ENABLE THE NET ZERO TRANSITION. 613175 WIRE 0 SOUTH AMERICA TO RESEARCH CORPORATE PRACTICES AND BENCHMARK PROGRESS IN RELATION TO COMPANY DEFORESTATION COMMITMENTS AND GENERATE CONTENT FOR INVESTORS AND COMPANIES REGARDING NATURAL CLIMATE SOLUTIONS. 73333 WIRE 0 EAST ASIA AND THE PACIFIC IN SUPPORT OF CLIMATE ACTION 100+: INVESTORS ENGAGING WITH CORPORATIONS ON CLIMATE CHANGE. 2521437 WIRE 0 EAST ASIA AND THE PACIFIC TO SUPPORT INVESTOR NET ZERO COMMITMENTS, IMPLEMENTATION, AND ACCOUNTABILITY AND TO SUPPORT INVESTORS WORLDWIDE WHO ADVOCATE FOR THE POLICIES NEEDED TO ENABLE THE NET ZERO TRANSITION. 501225 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) IN SUPPORT OF CLIMATE ACTION 100+: INVESTORS ENGAGING WITH CORPORATIONS ON CLIMATE CHANGE. 2090439 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) TO SUPPORT INVESTOR NET ZERO COMMITMENTS, IMPLEMENTATION, AND ACCOUNTABILITY AND TO SUPPORT INVESTORS WORLDWIDE WHO ADVOCATE FOR THE POLICIES NEEDED TO ENABLE THE NET ZERO TRANSITION. 285100 WIRE 0 4 0 0 0 0 0 0 0 PART I, LINE 2: SUB-GRANTS ARE AWARDED TO ORGANIZATIONS PENDING REVIEW OF A PROJECT BUDGET AND STATEMENT OF WORK. SUCH PROJECT MUST BE ALIGNED WITH CERES ORGANIZATIONAL MISSION. ORGANIZATIONS ARE REQUIRED TO SUBMIT TO CERES FINANCIAL REPORTS THAT SHOW HOW THE FUNDS WERE USED. FUNDS ARE PROVIDED ONLY FOR COSTS APPROVED IN THE PROJECT BUDGET. WHEN EXPENDITURES VARY MORE THAN 20% FROM AN APPROVED BUDGET LINE, PRIOR WRITTEN AUTHORIZATION FROM CERES IS REQUIRED. SUB-GRANTEE SHALL MAKE AVAILABLE TO CERES OR ITS INDEPENDENT AUDITORS ALL ACCOUNTING RECORDS FOR EXAMINATION, EVALUATION, AND AUDIT FOR A REASONABLE PERIOD OF TIME AFTER COMPLETION OF THE FUNDED WORK. X X X X X 1 BLR FUNDRAISING INC 1017 L ST SUITE 522 SACRAMENTO CA 95814 EVENT FUNDRAISING 0 140000 21000 119000 140000 21000 119000 AL AK AR AZ CA CO CT DC FL GA IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WA WV WI FUNDRAISING DINNER 1109029 1005529 103500 97541 116225 100482 1109029 1005529 103500 97541 116225 100482 314248 -210748 1 CLEAN AIR TASK FORCE INC 114 STATE STREET 6TH FLOOR BOSTON MA 02109 043512550 501(C)(3) 20000 0 TO SUPPORT THE DEVELOPMENT AND ROLL-OUT OF THE METHANE EMISSIONS REPORT. FOREST TRENDS ASSOCIATION 1203 19TH STREET NW 4TH FLOOR WASHINGTON DC 20036 522135531 501(C)(3) 98626 0 TO RESEARCH CORPORATE PRACTICES AND BENCHMARK PROGRESS IN RELATION TO COMPANY DEFORESTATION COMMITMENTS AND GENERATE CONTENT FOR INVESTORS AND COMPANIES REGARDING NATURAL CLIMATE SOLUTIONS. MERIDIAN INSTITUTE PO BOX 1829 DILLON CO 80435 841435420 501(C)(3) 54584 0 TO RESEARCH CORPORATE PRACTICES AND BENCHMARK PROGRESS IN RELATION TO COMPANY DEFORESTATION COMMITMENTS AND GENERATE CONTENT FOR INVESTORS AND COMPANIES REGARDING NATURAL CLIMATE SOLUTIONS. CDP NORTH AMERICA INC 127 W 26TH STREET 300 NEW YORK NY 10001 364709977 501(C)(3) 367275 0 TO SUPPORT INVESTOR NET ZERO COMMITMENTS, IMPLEMENTATION, AND ACCOUNTABILITY AND TO SUPPORT INVESTORS WORLDWIDE WHO ADVOCATE FOR THE POLICIES NEEDED TO ENABLE THE NET ZERO TRANSITION. 4 0 PART I, LINE 2: SUB-GRANTS ARE AWARDED TO ORGANIZATIONS PENDING REVIEW OF A PROJECT BUDGET AND DESCRIPTION. SUCH PROJECT MUST BE ALIGNED WITH CERES ORGANIZATIONAL MISSION. ORGANIZATIONS ARE REQUIRED TO SUBMIT TO CERES FINANCIAL REPORTS THAT SHOW HOW THE FUNDS WERE USED. FUNDS ARE PROVIDED ONLY FOR COSTS APPROVED IN THE PROJECT BUDGET. WHEN EXPENDITURES VARY MORE THAN 20% FROM AN APPROVED BUDGET LINE, PRIOR WRITTEN AUTHORIZATION FROM CERES IS REQUIRED. SUB-GRANTEE SHALL MAKE AVAILABLE TO CERES OR ITS INDEPENDENT AUDITORS ALL ACCOUNTING RECORDS FOR EXAMINATION, EVALUATION, AND AUDIT FOR A REASONABLE PERIOD OF TIME AFTER COMPLETION OF THE FUNDED WORK. X X X X 0 0 0 0 0 0 0 0 0 MINDY LUBBER CEO AND PRESIDENT 311427 0 0 0 0 0 12686 0 28574 0 352687 0 0 0 SUSAN SAYERS CHIEF DEVELOPMENT OFFICER 288120 0 0 0 0 0 11776 0 30076 0 329972 0 0 0 SUSAN BOYER CHIEF FINAN. & ADMIN. OFFICER 252762 0 0 0 0 0 10251 0 33513 0 296526 0 0 0 DAWN MARTIN UNTIL AUG 2024 EXEC. VP & CHIEF PROGRAM OFFICER 255415 0 0 0 0 0 10347 0 14742 0 280504 0 0 0 STEVEN ROTHSTEIN MANAGING DIRECTOR 235895 0 0 0 0 0 9550 0 27294 0 272739 0 0 0 DAVID ZIV-KREGER VP, FOUNDATION DEVELOPMENT 215795 0 0 0 0 0 8546 0 30346 0 254687 0 0 0 KIRSTEN SPALDING VP, INVESTOR NETWORK 202771 0 0 0 0 0 8336 0 42425 0 253532 0 0 0 DONNA DANIELS CHIEF PEOPLE & DIVERSITY OFFICER 216420 0 0 0 0 0 7046 0 15453 0 238919 0 0 0 ANNE KELLY VP, GOVERNMENT RELATIONS 214649 0 0 0 0 0 8570 0 705 0 223924 0 0 0 LESLIE CORDES VP, PROGRAMS 200759 0 0 0 0 0 8007 0 2892 0 211658 0 0 0 MICHAEL BOUDETT GENERAL COUNSEL 198392 0 0 0 0 0 7883 0 609 0 206884 0 0 0 X 9 1180684 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 4 CERES UPDATED THE BOARD BYLAWS IN OCTOBER 2024 TO ALLOW ANY CERES EXECUTIVE TO SIGN CONTRACTS, DEEDS, LEASES, BONDS, NOTES, CHECKS AND OTHER INSTRUMENTS OF AN AMOUNT OVER $2,500. CERES DEFINES "EXECUTIVE" AS ANY STAFF MEMBERS WITH THE TITLE VICE PRESIDENT OR HIGHER. FORM 990, PART VI, SECTION B, LINE 11B OUR ACCOUNTING AND AUDITING FIRM SENDS THE ORGANIZATION A QUESTIONNAIRE TO FILL OUT FOR PREPARING THE FORM 990. THIS QUESTIONNAIRE IS PREPARED AND REVIEWED BY THE CONTROLLER. THEN, OUR ACCOUNTING AND AUDITING FIRM PREPARES THE DRAFT 990, WITH THE INFORMATION GATHERED IN THE QUESTIONNAIRE PROVIDED BY THE CONTROLLER, AND SENDS A DRAFT TO THE ORGANIZATION. THE CONTOLLER REVIEWS THIS DRAFT AND EMAILS TO THE FULL BOARD FOR ITS REVIEW PRIOR TO ITS FILING. AFTERWARDS THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. AS PART OF THE BOARD TRAINING, WHEN JOINING THE CERES BOARD, THE NEW BOARD MEMBER IS PROVIDED WITH THE CERES BOARD POLICIES WHICH CONTAIN THE WRITTEN CONFLICT OF INTEREST POLICY. IN THIS PACKAGE IS INCLUDED THE FORM "CONFLICT OF INTEREST STATEMENT (CIS)" WHERE THEY ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST THAT MAY EXIST WITH THE ORGANIZATION. ONCE A YEAR, THE BOARD MEMBERS ARE PROVIDED THIS CIS FORM TO FILL OUT. ALSO, AS PART OF THE GOVERNANCE COMPLIANCE THE BOARD MEMBERS ARE REQUIRED TO INFORM TO THE BOARD CHAIR AND VICE CHAIR OF CERES OF ANY MATERIAL CHANGE THAT DEVELOPS DURING THE YEAR IN THE INFORMATION CONTAINED IN THE FOREGOING STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF PEOPLE & DIVERSITY OFFICER REVIEWS DATA FROM SALARY SURVEYS AND STUDIES FROM COMPARABLE SIZED NONPROFITS AND MAKES A RECOMMENDATION TO THE BOARD CO-CHAIRS REGARDING THE APPROPRIATE COMPENSATION LEVEL FOR THE COMING YEAR AND ANY BONUS WARRANTED FOR THE PRIOR YEAR AS APPLICABLE. THIS IS THEN CONVEYED WITH A RECOMMENDATION TO THE EXECUTIVE COMMMITTEE OF BOARD, AND THEN THE FULL BOARD IN AN EXECUTIVE SESSION AND THE VOTE TAKEN TO APPROVE THE RECOMMENDED COMPENSATION AND BONUS. NOTES OF THE DELIBERATIONS AND DECISIONS REACHED REGARDING CEO COMPENSATION ARE KEPT BY THE CHIEF PEOPLE & DIVERSITY OFFICER. THE CHIEF PEOPLE & DIVERSITY OFFICER PROVIDES COMPENSATION INFORMATION AND RECOMMENDATIONS TO THE EXECUTIVE TEAM AND CEO FOR DISCUSSION AND APPROVAL. THE CEO IS RESPONSIBLE FOR ASSESSING THE APPROPRIATE LEVELS OF OTHER KEY EMPLOYEES. COMPENSATION IS BASED ON PERFORMANCE, LEVEL OF RESPONSIBILITY, GEOGRAPHIC LOCATION, THE NONPROFIT MARKET COMPARATORS IN BOSTON AND POTENTIALLY OTHER LOCATIONS WHERE CERES STAFF RESIDE, AND SALARY SURVEYS AND STUDIES. THE CHIEF PEOPLE & DIVERSITY OFFICER WILL PROVIDE THE CHIEF FINANCIAL & ADMINISTRATION OFFICER AND CEO RECOMMENDATIONS FOR PAY INCREASES FOR OFFICERS AND KEY EMPLOYEES, WHICH MAY INCLUDE A SUMMARY OF DATA GATHERED, AND PROPOSED SALARIES TO PROVIDE TO THE EXECUTIVE COMMITTEE OF THE BOARD (CHIEF PROGRAM OFFICER; CHIEF FINANCIAL AND ADMINISTRATION OFFICER; CHIEF DEVELOPMENT OFFICER; CHIEF PEOPLE & DIVERSITY OFFICER; AND GENERAL COUNSEL). THE CHIEF PEOPLE & DIVERSITY OFFICER MAY FIELD QUESTIONS POSED BY THE EXECUTIVE COMMITTEE WHO THEN MAY ADVISE THE CPDO AND THE CEO IF THEY HAVE CONCERNS. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, AUDITED FINANCIAL STATEMENTS AND ANNUAL REPORT ARE AVAILABLE AT HTTPS://WWW.CERES.ORG/ABOUT-US/FINANCIALS. THE ORGANIZATION PROVIDES COPIES OF ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS UPON REQUEST. CERES' FORM 990 IS ALSO AVAILABLE VIA GUIDESTAR, AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART VII: THE IRS REQUIRES COMPENSATION TO BE REPORTED FOR THE CALENDAR YEAR ENDING WITH OR WITHIN THE ORGANIZATION'S FISCAL YEAR, THEREFORE THE COMPENSATION DATA SHOWN ON FORM 990, PART VII IS FOR CALENDAR YEAR 2023, WHICH IS DRAWN FROM 2023 W-2S.