GREEN BUSINESS CERTIFICATION INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: GREEN BUSINESS CERTIFICATION INC (EIN 26-0893414)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-15
IRS object ID: 201903199349320650
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule B
Schedule D
Schedule F
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-15T14:55:25-06:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RSM US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	9801 WASHINGTONIAN BLVD STE 500	AddressLine1Txt
City	GAITHERSBURG	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	20878	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	260893414	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GREEN BUSINESS CERTIFICATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GREE	BusinessNameControlTxt
Phone	8007951746	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2101 L STREET NW NO 500	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20037	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MAHESH RAMANUJAM	PersonNm
Person Title	PRESIDENT & CEO	PersonTitleTxt
Phone	8007951746	PhoneNum
Signature	2019-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	WILLIAM E TURCO CPA	PreparerPersonNm
PTIN	P00369217	PTIN
Phone	3012963600	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	66.98.98.134	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-11-15	IPDt
IP Tm	14:55:07	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	00BFBB601F26E6691F3C42FDB75EEBE807206D5E	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-03-31 21:24:44Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	GBCI	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	MAHESH RAMANUJAM	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2101 L STREET NW NO 500	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20037	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$47,563,298	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.GBCI.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2007	FormationYr
Legal Domicile State	DC	LegalDomicileStateCd
Activity Or Mission	GBCI'S MISSION IS TO ADVANCE THE QUALITY AND RIGOR OF GREEN BUSINESS CERTIFICATION AND CREDENTIALING PROGRAMS; TO DEVELOP AND ADMINISTER A CREDENTIALING PROGRAM FOR INDIVIDUALS DESIGNED TO SUPPORT THE LEED STANDARD FOR THE DESIGN, CONSTRUCTION, AND OPERATION OF HIGH PERFORMANCE GREEN BUILDINGS; AND TO OFFER OTHER CREDENTIALING AND/OR CERTIFICATION PROGRAMS AIMED AT IMPROVING GREEN BUILDING STANDARDS.	ActivityOrMissionDesc
Voting Members Governing Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	5	VotingMembersIndependentCnt
Total Employee	103	TotalEmployeeCnt
Total Volunteers	191	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$30,000	PYContributionsGrantsAmt
CY Contributions Grants	$24,164	CYContributionsGrantsAmt
PY Program Service Revenue	$43,422,695	PYProgramServiceRevenueAmt
CY Program Service Revenue	$47,036,863	CYProgramServiceRevenueAmt
PY Investment Income	$163,477	PYInvestmentIncomeAmt
CY Investment Income	$137,673	CYInvestmentIncomeAmt
PY Other Revenue	$8,140	PYOtherRevenueAmt
CY Other Revenue	$348,557	CYOtherRevenueAmt
PY Total Revenue	$43,624,312	PYTotalRevenueAmt
CY Total Revenue	$47,547,257	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$9,048,079	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$9,976,233	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$39,463,496	PYOtherExpensesAmt
CY Other Expenses	$37,619,170	CYOtherExpensesAmt
PY Total Expenses	$48,511,575	PYTotalExpensesAmt
CY Total Expenses	$47,595,403	CYTotalExpensesAmt
PY Revenues Less Expenses	-$4,887,263	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$48,146	CYRevenuesLessExpensesAmt
Total Assets BOY	$44,415,596	TotalAssetsBOYAmt
Total Assets EOY	$35,943,142	TotalAssetsEOYAmt
Total Liabilities BOY	$35,370,429	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$27,068,315	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$9,045,167	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$8,874,827	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE GREEN BUSINESS CERTIFICATION INC. (GBCI) IS AN INDEPENDENT, THIRD-PARTY ORGANIZATION COMMITTED TO ENSURING PRECISION IN THE DESIGN, DEVELOPMENT, AND IMPLEMENTATION OF THE PROCESSES USED TO INCREASE AND MEASURE GREEN BUILDING PERFORMANCE (CERTIFICATION) AND GREEN BUILDING PRACTICE (CREDENTIALING). ESTABLISHED IN 2007 TO ADMINISTER PROJECT CERTIFICATIONS AND PROFESSIONAL CREDENTIALS AND CERTIFICATES WITHIN THE FRAMEWORK OF THE U.S. GREEN BUILDING COUNCIL'S LEADERSHIP IN ENERGY AND ENVIRONMENTAL DESIGN (LEED) GREEN BUILDING RATING SYSTEMS, GBCI OFFERS THE MARKETPLACE THE HIGHEST-LEVEL VALIDATION THAT LEED BUILDING CERTIFICATIONS AND LEED PROFESSIONAL CREDENTIALS HAVE MET SPECIFIC, RIGOROUS CRITERIA.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	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, GRESB, LEED, PARKSMART, PEER, SITES, TRUE 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.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	CREDENTIALING PROGRAMS:GBCI CREDENTIALS CONSIST OF COMPETENCY EXAMS AND CERTIFICATE PROGRAMS. THE GBCI CREDENTIALING TEAM CONSISTS OF PROGRAM MANAGERS, TEST DEVELOPERS AND PSYCHOMETRICIANS WHO DESIGN, DEVELOP AND MAINTAIN THE CREDENTIALING EXAMS. 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 ANSI-ACCREDITED LEED PROFESSIONAL CREDENTIAL EXAMS, WHICH INCLUDE THE LEED GREEN ASSOCIATE AND LEED AP WITH SPECIALTY CREDENTIALS, THE WELL AP, THE SITES AP, THE URBAN GREENHOUSE GAS INVENTORY SPECIALIST CREDENTIAL. GBCI ALSO ADMINISTERS CERTIFICATE PROGRAMS, INCLUDING THE GREEN RATER AND TRUE ADVISOR CERTIFICATE.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Desc	LEED: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 IS THE PREEMINENT PROGRAM FOR RATING THE DESIGN, CONSTRUCTION AND OPERATION OF GREEN BUILDINGS.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (11 entries)

DescDesc
PEER:GBCI ADMINISTERS PEER, OR PERFORMANCE EXCELLENCE IN ENERGY RENEWALA COMPREHENSIVE, CONSUMER-CENTRIC, DATA-DRIVEN SYSTEM FOR EVALUATING POWER SYSTEM PERFORMANCE. THE PEER SYSTEM SERVES AS A TOOL TO ACCELERATE TRANSFORMATION OF THE ELECTRICITY SECTOR. BY ENGAGING IN THE PEER PROCESS, POWER GRIDS HAVE AN OPPORTUNITY TO GAIN COMPETITIVE ADVANTAGE BY DIFFERENTIATING THEIR PERFORMANCE, DOCUMENTING THE VALUE PRODUCED, AND DEMONSTRATING MEANINGFUL OUTCOMES. THROUGH PEER, POWER GRIDS CAN GAIN A COMPETITIVE ADVANTAGE BY DIFFERENTIATING PERFORMANCE, DOCUMENTING VALUE PRODUCED AND DEMONSTRATING MEANINGFUL OUTCOMES.
WELL:GBCI ADMINISTERS THE WELL BUILDING STANDARDAN EVIDENCE-BASED STANDARD, WHICH SETS PERFORMANCE REQUIREMENTS IN SEVEN CATEGORIES: AIR, WATER, NOURISHMENT, LIGHT, FITNESS, COMFORT AND MIND. WELL CERTIFICATION ALLOWS BUILDING OWNERS AND EMPLOYERS TO KNOW THAT THEIR SPACE IS PERFORMING RELATED TO HEALTH AND WELL-BEING. WELL CERTIFIED SPACES AND WELL COMPLIANT CORE AND SHELL DEVELOPMENTS CAN HELP CREATE A BUILT ENVIRONMENT THAT IMPROVES THE NUTRITION, FITNESS, MOOD, SLEEP PATTERNS, AND PERFORMANCE OF ITS OCCUPANTS. WELL WAS PIONEERED BY DELOS AND IS MANAGED BY THE INTERNATIONAL WELL BUILDING INSTITUTE.
SITES:GBCI ADMINISTERS THE SUSTAINABLE SITES INITIATIVE (SITES)A PROGRAM THAT OFFERS A SYSTEMATIC, COMPREHENSIVE RATING SYSTEM (SITES) DESIGNED TO DEFINE SUSTAINABLE SITES, 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.
EDGE:EXCELLENCE IN DESIGN FOR GREATER EFFICIENCIES (EDGE) IS A GREEN BUILDING CERTIFICATION SYSTEM FOR NEW RESIDENTIAL AND COMMERCIAL BUILDINGS THAT ENABLES DESIGN TEAMS AND PROJECT OWNERS TO ASSESS THE MOST COST EFFECTIVE WAYS TO INCORPORATE ENERGY AND WATER SAVING OPTIONS INTO THEIR BUILDINGS. EDGE CERTIFICATION IS AVAILABLE FROM GBCI IN NEARLY 120 COUNTRIES AROUND THE GLOBE. GBCI IS A GLOBAL CERTIFICATION PROVIDER FOR EDGE AND THE EXCLUSIVE CERTIFICATION PROVIDER FOR EDGE PROJECTS IN INDIA. AN INNOVATION OF INTERNATIONAL FINANCE CORPORATION (IFC), EDGE IS A FAST AND EASY-TO-USE MASS MARKET TRANSFORMATION TOOL. IT EMPOWERS DEVELOPERS AND BUILDERS TO QUICKLY EVALUATE AND COMPARE ESTIMATED COSTS FOR DESIGN STRATEGIES TARGETING REDUCTIONS IN ENERGY USE, WATER USE, AND EMBODIED ENERGY IN MATERIALS. COST EFFECTIVE STRATEGIES INTEGRATED INTO THE PROJECT DESIGN ARE VERIFIED BY AN EDGE AUDITOR AND CERTIFIED BY GBCI.
GRESB:THE GLOBAL REAL ESTATE SUSTAINABILITY BENCHMARK (GRESB) IS AN INDEPENDENTLY OPERATED SUBSIDIARY OF GBCI. ESTABLISHED IN 2009, GRESB AIDS INSTITUTIONAL INVESTORS BY ASSESSING AND QUANTIFYING THE SUSTAINABILITY PERFORMANCE OF REAL ESTATE PORTFOLIOS AROUND THE GLOBE. GRESB ENCOMPASSES MORE THAN 190 MEMBER COMPANIES, 60 OF WHICH ARE PENSION FUNDS AND THEIR FIDUCIARIES, JOINTLY REPRESENTING MORE THAN USD 11.2 TRILLION IN ASSETS UNDER MANAGEMENT. GRESB DATA IS USED BY MEMBERS THROUGHOUT THE INVESTMENT MANAGEMENT AND ENGAGEMENT PROCESS, WITH THE CLEAR GOAL OF OPTIMIZING THE RISK/RETURN PROFILE OF REAL ASSET INVESTMENTS. GRESB SEEKS TO OFFER INVESTMENT DECISION-MAKERS THE TOOLS AND STRATEGIES THEY NEED TO UNDERSTAND THE RISKS AND OPPORTUNITIES FOR THEIR INVESTMENTS, RECOGNIZE LEADERSHIP AND INNOVATION, AND ENGAGE EFFECTIVELY WITH COMPANIES, FUND MANAGERS AND OPERATING PARTNERS.
PARKSMART:GBCI ADMINISTERS PARKSMART, THE WORLD'S ONLY RATING SYSTEM THAT DEFINES, MEASURES AND RECOGNIZES HIGH-PERFORMING, SUSTAINABLE GARAGES. 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 ZERO WASTE (FORMERLY KNOWN AS US ZERO WASTE):TRUE (TOTAL RESOURCE USE AND EFFICIENCY), THE NEW BRAND IDENTITY FOR ITS ZERO WASTE RATING SYSTEM. THE TRUE ZERO WASTE RATING SYSTEM HELPS BUSINESSES AND FACILITIES DEFINE, PURSUE AND ACHIEVE THEIR ZERO WASTE GOALS THROUGH PROJECT CERTIFICATION AND PROFESSIONAL CREDENTIALING. ZERO WASTE FACILITY CERTIFICATION IS BASED ON THE PEER-REVIEWED, INTERNATIONALLY ACCEPTED DEFINITION OF ZERO WASTEDEVELOPED BY THE ZERO WASTE INTERNATIONAL ALLIANCE (ZWIA), AND HAS BEEN ALIGNED WITH CREDIT REQUIREMENTS OF LEED FOR BUILDINGS OPERATIONS AND MAINTENANCE.
ARC:ARC IS A NEW TECHNOLOGY VENTURE LAUNCHED TO FACILITATE LEED CERTIFICATION, MEASURE PERFORMANCE AND BENCHMARK GREEN BUILDING PROJECTS. ARC IS A SIMPLE DIGITAL PLATFORM FOR ALL PROJECTS PURSUING LEED CERTIFICATION AND WILL EVENTUALLY INCLUDE OTHER GREEN BUILDING RATING SYSTEMS, STANDARDS PROTOCOLS AND GUIDELINES. ARC SKORU INC. WAS CREATED BY GBCI TO MAKE USGBC, GBCI AND THEIR PARTNERS' VISIONS A REALITY BY CONNECTING PEOPLE ALL OVER THE WORLD TO ACTIONS AND INSPIRING THEM TO MAKE THE MOST INFORMED DECISIONS. THIS EMPOWERS PEOPLE TO CONNECT AND COLLABORATE TOWARD A COLLECTIVE HIGHER QUALITY OF LIFE. ARC SKORU IS THE GO-TO PLACE TO TRACK ALL OF THE INSPIRATIONS, CONNECTIONS AND ACTIONS RELATED TO THE SUSTAINABILITY OF OUR BUILT ENVIRONMENT.ARC SKORU USES ITS ARC PLATFORM TO ALLOW USERS TO MEASURE PERFORMANCE, MAKE IMPROVEMENTS AND BENCHMARK AGAINST OTHER PROJECTS. ARC 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. ARC ENABLES INCREMENTAL IMPROVEMENTS AND CAN PUT A PROJECT ON TRACK FOR LEED OR OTHER RATING SYSTEM CERTIFICATION.
CITY CLIMATE PLANNER (CCP):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.
THE INVESTOR CONFIDENCE PROJECT (ICP):DEFINES A CLEAR ROAD-MAP FROM RETROFIT OPPORTUNITY TO RELIABLE INVESTOR READY ENERGY EFFICIENCY. IT IS A GLOBAL UNDERWRITING STANDARD FOR DEVELOPING AND MEASURING ENERGY EFFICIENCY RETROFITS AND IS ADMINISTERED BY GBCI. ITS IREE CERTIFICATION SIGNALS TO INVESTORS THAT A PROJECT HAS ADOPTED BEST PRACTICES THAT CAN HELP REDUCE TRANSACTION COSTS AND INCREASE SAVINGS. THE PROTOCOLS OFFER INVESTORS A CONSISTENT ROADMAP FOR ASSESSING RISK AND EXPECTED OUTCOMES FROM DEEP RETROFITS.
STAR COMMUNITIES:IN JUNE 2018, STAR INTEGRATED INTO LEED FOR COMMUNITIES AND CITIES IN THE NEAR TERM TO ADVANCE SUSTAINABLE CITIES WORLDWIDE. LEED FOR CITIES AND LEED FOR COMMUNITIES HELP COMMUNITIES AND CITIES SET GOALS, AND IMPLEMENT SUSTAINABILITY STRATEGIES AND PLANS TO MAINTAIN AND SUPPORT THESE GOALS. THE CITY OR COMMUNITY THEN SHARES PERFORMANCE DATA TO MEASURE AND TRACK PROGRESS TOWARD THOSE GOALS.

Field	Value	IRS element (for citing)
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (1)	TransactionWithControlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	38	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	103	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	NL	ForeignCountryCd
Foreign Country	IN	ForeignCountryCd
Foreign Country	JA	ForeignCountryCd
Foreign Country	CH	ForeignCountryCd
Foreign Country	GM	ForeignCountryCd
Foreign Country	CA	ForeignCountryCd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	5	GoverningBodyVotingMembersCnt
Independent Voting Member	5	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MAHESH RAMANUJAM	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8007951746	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2101 L STREET NW NO 500	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20037	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
GAIL VITTORI
CHAIR	3.00	Yes (X)	Yes (X)	$0	$0	$0
HARRY GORDON
VICE CHAIR	3.00	Yes (X)	Yes (X)	$0	$0	$0
LIBERTY MUNSON
SECRETARY - TREASURER	3.00	Yes (X)	Yes (X)	$0	$0	$0
DON ANDERSON
MEMBER	3.00	Yes (X)		$0	$0	$0
THOMAS MUELLER
MEMBER	3.00	Yes (X)		$0	$0	$0
MAHESH RAMANUJAM
PRESIDENT & CEO OF USGBC/GBCI	20.00		Yes (X)	$180,000	$0	$10,951
SARAH ALEXANDER
SVP	40.00			$158,813	$0	$34,299	Yes (X)
JAMIE STATTER
VP	40.00			$146,300	$0	$16,633	Yes (X)
DROR KARNI
SR. DIRECTOR	40.00			$140,978	$0	$16,736	Yes (X)
ABIGAIL HAMPSMIRE
TECHNICAL DIRECTOR	40.00			$133,810	$0	$28,767	Yes (X)
KENNETH SIMPSON
DIRECTOR	40.00			$130,700	$0	$16,126	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$890,601	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$123,512	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	17	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
US GREEN BUILDING COUNCIL INC
2101 L STREET NW STE 500	WASHINGTON	DC	20037	MANAGEMENT & ROYALTY	$37,234,186
THE EPSTEN GROUP INC
399 EDGEWOOD AVENUE	ATLANTA	GA	30312	CERTIFICATION REVIEWER	$3,182,157
SRI QUALITY SYSTEM REGISTRAR
300 NORTHPOINTE CIR 304	SEVEN FIELDS	PA	16046	CERTIFICATION REVIEWER	$1,853,720
PROMETRIC INC
PO BOX 223608	PITTSBURGH	PA	152512608	EXAM FEES	$1,523,735
CATALYST PARTNERS
502 2ND STREET NW 200	GRAND RAPIDS	MI	49504	CERTIFICATION REVIEWER	$1,460,435

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	25	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$24,164	AllOtherContributionsAmt
Total Contributions	$24,164	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CERTIFICATION	900099	$34,581,537	$34,581,537
ACCREDITATION	900099	$6,054,334	$6,054,334
REGISTRATION	900099	$4,030,249	$4,030,249
FEES FOR SERVICE	900099	$2,370,743	$2,370,743

Field	Value	IRS element (for citing)
Total Program Service Revenue	$47,036,863	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$141,085	TotalRevenueColumnAmt
Exclusion	$141,085	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$12,629	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$10,318	SecuritiesAmt
Other	$5,723	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$2,311	SecuritiesAmt
Other	-$5,723	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$3,412	TotalRevenueColumnAmt
Exclusion	-$3,412	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RELATED PARTY REVENUE	900099	$339,801	$339,801
MERCHANDISE	900099	$8,756	$8,756

Field	Value	IRS element (for citing)
Other Revenue Total	$348,557	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$47,547,257	TotalRevenueColumnAmt
Related Or Exempt Func Income	$47,385,420	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$137,673	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$191,764	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$7,637,519	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$190,327	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,237,545	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$719,078	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$17,457,015	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$140,584	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$81,851	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$12,135	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$15,530,183	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$240,736	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$317,440	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$50,869	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$2,062,600	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$144,026	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$554,040	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$42,524	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$148,094	TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt
CREDIT CARD FEES	$526,223
OTHER EXPENSES	$310,850

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$47,595,403	TotalAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$18,029,573	BOYAmt
EOY	$8,070,446	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,779,614	BOYAmt
EOY	$6,150,127	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$304,393	BOYAmt
EOY	$48,623	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$99,645	BOYAmt
EOY	$120,166	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$5,630,749	BOYAmt
EOY	$5,569,075	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$6,578,287	BOYAmt
EOY	$6,661,973	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,089,154	BOYAmt
EOY	$941,060	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$7,904,181	BOYAmt
EOY	$8,381,672	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$44,415,596	BOYAmt
EOY	$35,943,142	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,856,797	BOYAmt
EOY	$3,129,992	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$25,369,820	BOYAmt
EOY	$19,020,583	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$8,143,812	BOYAmt
EOY	$4,917,740	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$35,370,429	BOYAmt
EOY	$27,068,315	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$9,045,167	BOYAmt
EOY	$8,874,827	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$9,045,167	BOYAmt
EOY	$8,874,827	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$44,415,596	BOYAmt
EOY	$35,943,142	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$48,146	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$122,292	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$98	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$6,661,973	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$6,661,973	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDesc	Book ValueBookValueAmt
GOODWILL	$90,212
DUE FROM U.S. GREEN BUILDING COUNCIL	$3,146,640
DUE FROM GRESB	$60,666
DUE FROM ARC SKORU, INC.	$4,463,025
DUE FROM INDIA	$127,479
DUE FROM CANADA	$493,650

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$8,381,672	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
DUE TO U.S. GREEN BUILDING COUNCIL	$3,508,219
DEFERRED PORTION OF PURCHASE PRICE OF SITES	$903,289
DUE TO ARC SKORU, INC.	$72,551
DUE TO INDIA	$2,586
DUE TO CANADA	$431,095

Field	Value	IRS element (for citing)
Total Liability	$4,917,740	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$60,244,020	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$122,292	NetUnrealizedGainsInvstAmt
Other Revenue	$12,831,190	OtherRevenueAmt
Revenue Not Reported	$12,708,898	RevenueNotReportedAmt
Revenue Subtotal	$47,535,122	RevenueSubtotalAmt
Investment Expenses Not Incld	$12,135	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$12,135	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$47,547,257	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$60,378,418	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$12,795,150	OtherExpensesIncludedAmt
Expenses Not Reported	$12,795,150	ExpensesNotReportedAmt
Expenses Subtotal	$47,583,268	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$12,135	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$12,135	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$47,595,403	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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. IN ADDITION, GBCI HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. 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, 2018 AND 2017. GRESB IS SUBJECT TO LOCAL COUNTRY TAXES PER NETHERLANDS TAX REGULATIONS. THE SUBSIDIARY HAD A SURPLUS AND AS SUCH A TAX PROVISION OF $188,533 AT DECEMBER 31, 2018. THE SUBSIDIARY HAD A SURPLUS AND AS SUCH A TAX PROVISION OF $24,014 AT DECEMBER 31, 2017. GBCIPL IS SUBJECT TO LOCAL COUNTRY TAXES PER INDIA TAX REGULATIONS. THE SUBSIDIARY HAD NO TAXABLE SURPLUS, AND AS SUCH, HAD NO TAX PROVISION AT DECEMBER 31, 2018 AND 2017. ARC IS SUBJECT TO FEDERAL, STATE OR LOCAL TAX AUTHORITIES. THERE WAS NO INCOME TAX EXPENSE REPORTED FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017. 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 2015.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	AFFILIATE REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENT 12,831,190.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	AFFILIATE EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENT 12,795,150.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)

RegionRegionTxt	OfficesOfficesCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN	0	PROGRAM SERVICES	PROMETRIC (EXAM) FEES	$5,441
EAST ASIA AND THE PACIFIC	1	PROGRAM SERVICES	PROMETRIC (EXAM) FEES	$114,406
EUROPE (INCLUDING ICELAND & GREENLAND)	2	PROGRAM SERVICES	PROMETRIC (EXAM) FEES	$30,766
MIDDLE EAST AND NORTH AFRICA	1	PROGRAM SERVICES	PROMETRIC (EXAM) FEES	$77,473
NORTH AMERICA	1	PROGRAM SERVICES	PROMETRIC (EXAM) FEES	$96,635
RUSSIA AND NEIGHBORING STATES	0	PROGRAM SERVICES	PROMETRIC (EXAM) FEES	$705
SOUTH AMERICA	2	PROGRAM SERVICES	PROMETRIC (EXAM) FEES	$9,540
SOUTH ASIA	1	PROGRAM SERVICES	PROMETRIC (EXAM) FEES	$22,438
SUB-SAHARAN AFRICA	0	PROGRAM SERVICES	PROMETRIC (EXAM) FEES	$1,072
EUROPE (INCLUDING ICELAND & GREENLAND)	1	GENERAL EXPENSES	TRAVEL/RENT/PYRLL/CONSULTING/LEGAL/GEN OFFICE	$333,561
EAST ASIA AND THE PACIFIC	0	GENERAL EXPENSES	RENT/TRAVEL/CONSULTING/LEGAL/GEN OFFICE	$1,259,010
NORTH AMERICA	0	GENERAL EXPENSES	LEGAL/MTNGS/TRAVEL	$25,300
SOUTH ASIA	0	GENERAL EXPENSES	CONSULTING/TRAVEL	$86,986
MIDDLE EAST AND NORTH AFRICA	0	GENERAL EXPENSES	CONSULTING	$194,989
EUROPE (INCLUDING ICELAND & GREENLAND)	0	INVESTMENT IN GRESB B.V.		$5,938,000
SOUTH ASIA	0	INVESTMENT IN GREEN BUSINESS CERTIFICATION INSTITUTE PRIVATE LIMITED - INDIA		$651,342
SOUTH AMERICA	0	GENERAL EXPENSES	CONSULTING/LEGAL/TRAVEL	$120,505

Field	Value	IRS element (for citing)
Subtotal Offices	8	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	1	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	9	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$357,404	SubtotalSpentAmt
Continuation Spent	$8,610,765	ContinuationSpentAmt
Total Spent	$8,968,169	TotalSpentAmt
Transfer To Foreign Corp	0	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	0	ForeignPartnershipInd
Boycott Countries	Yes (1)	BoycottCountriesInd

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MAHESH RAMANUJAM
PRESIDENT & CEO OF USGBC/GBCI	$180,000	$0	$0	$0	$0	$0	$5,500	$0	$6,264	$0	$191,764	$0	$0	$0
SARAH ALEXANDER
SVP	$156,100	$0	$2,713	$0	$0	$0	$6,169	$0	$29,243	$0	$194,225	$0	$0	$0
JAMIE STATTER
VP	$144,200	$0	$2,100	$0	$0	$0	$5,732	$0	$11,957	$0	$163,989	$0	$0	$0
DROR KARNI
SR. DIRECTOR	$138,953	$0	$2,025	$0	$0	$0	$5,643	$0	$12,229	$0	$158,850	$0	$0	$0
ABIGAIL HAMPSMIRE
TECHNICAL DIRECTOR	$131,890	$0	$1,920	$0	$0	$0	$5,347	$0	$24,426	$0	$163,583	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 3	FormAndLineReferenceDesc
Explanation	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.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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, 2018, WERE $19,370,334.
FORM 990, PART VI, SECTION A, LINE 4	SUMMARY OF CHANGES TO GBCI ARTICLES OF INCORPORATION NO CHANGES SUMMARY OF CHANGES TO GBCI BYLAWS DATE: 1/30/18 APPROVED BY THE GBCI BOARD, EFFECTIVE IMMEDIATELY. REASON(S) FOR CHANGES: TO REMOVE THE TERM LIMIT REQUIREMENT FROM THE FINANCE AND AUDIT COMMITTEE. SUMMARY OF CHANGES: ARTICLE 4: COMMITTEES SECTION 1 COMMITTEES OF THE CORPORATION: ELIMINATE TEXT "WITH A MAXIMUM OF SIX YEARS" FROM SUBSECTION 'B' FINANCE AND AUDIT COMMITTEE SUCH THAT COMMITTEE MEMBER TERMS ARE ONE OR TWO YEARS WITHOUT A LIMIT. "USGBC
FORM 990, PART VI, SECTION A, LINE 7A	USGBC APPROVES THE SLATE OF NOMINEES TO THE BOARD (PLUS THE CEO OF USGBC SERVES EX OFFICIO).
FORM 990, PART VI, SECTION A, LINE 8B	NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 IS COMPLETED EACH YEAR BY 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.
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.
FORM 990, PART VI, SECTION B, LINE 15A	THE COMPENSATION FOR THE PRESIDENT/CEO OF GBCI IS RECOMMENDED AND APPROVED BY THE 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 AND COO.
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) 1,031,338. CERTIFICATION CONSULTING + CUSTOMER SERVICE 10,747,394. CONSULTING 3,751,451.
FORM 990, PART XI, LINE 9:	CAPITAL CONTRIBUTION GBCI CANADA 100. ROUNDING ADJUSTMENT -2.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)

Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd	Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Legal Domicile StateLegalDomicileStateCd	Province Or StateForeignAddress/ProvinceOrStateNm
GRESB BV (NO EIN)
BARBARA STROZZILAAN 101	AMSTERDAM	NL	1083HN	SEE PART VII	NL	GREEN BUSINESS CERTIFICATION INC	C	$4,877,408	$1,310,377	1.00000	Yes (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	$1,449,323	$689,697	1.00000	Yes (1)
ARC SKORU INC
				SEE PART VII		GREEN BUSINESS CERTIFICATION INC	C	$5,943,774	$5,665,698	1.00000	0	2099 PENNSYLVANIA AVE NW	WASHINGTON	DC	20006	814943088	DE
CANADA GREEN BUILDING COUNCIL
47 CLARENCE STREET STE 202	OTTAWA	CA	K1N 9K1	SEE PART VII	CA	GREEN BUSINESS CERTIFICATION INC	C	$758,616	$532,222	0.60000	0					000000000
GREEN BUSINESS CERTIFICATION INSTITUTE GMBH
STEINSDORFSTR 8 80538	MUNICH	GM		MARKET DEVELOPMENT	GM	GREEN BUSINESS CERTIFICATION INC	C			1.00000	0							VAT# DE XXX-XX-XXXX
GREEN BUSINESS CERTIFICATION INSTITUTE S DE R L DE CV
REFORMA 505 PISO 32 COL CUAUHTMO	DELEGACIN CUAUHTMOC CP	MX		MARKET DEVELOPMENT	MX	GREEN BUSINESS CERTIFICATION INC	C			1.00000	0							MEXICO CITY

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (1)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
GRESB BV
A	$8,336	FMV
GRESB BV
S	$339,801	COST
GREEN BUSINESS CERTIFICATION INSTITUTE PRIVATE LIMITED
B	$100,000	COST

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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.
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).