2015-11-12T22:32:38-06:00 2014-12-31 420714325 RSM US LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2014-01-01 260893414 GREEN BUILDING CERTIFICATION INSTITUTE GREE 8007951746 2101 L STREET NW NO 500 WASHINGTON DC 20037 MAHESH RAMANUJAM PRESIDENT 8007951746 2015-11-12 1 WILLIAM E TURCO CPA P00369217 3012963600 2014 2016-02-25 16:41:14Z MAHESH RAMANUJAM 2101 L STREET NW NO 500 WASHINGTON DC 20037 52014719 0 X WWW.GBCI.ORG X 2007 DC THE GREEN BUILDING CERTIFICATION INSTITUTE (GBCI) IS AN INDEPENDENT, (SEE SCHEDULE O) 7 7 58 69 0 0 0 0 41528459 45809218 45792 107428 5642 38853 41579893 45955499 0 0 0 0 5134595 5919749 0 0 0 32322237 36943188 37456832 42862937 4123061 3092562 14776791 22491278 9770076 14417173 5006715 8074105 X 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. 1 0 GBCI ADMINISTERED 24,483 EXAM SESSIONS IN 2014. THE OBJECTIVE IN OFFERING CREDENTIALING EXAMINATIONS IS TO QUALIFY GREEN BUILDING PROFESSIONALS IN ORDER TO PROVIDE THE GREEN BUILDING INDUSTRY WITH KNOWLEDGEABLE INDIVIDUALS WHO CAN SUCCESSFULLY STEWARD THE LEED CERTIFICATION PROCESS, THEREBY INCREASING THE ADOPTION AND SUCCESS OF LEED CERTIFIED GREEN BUILDINGS. THE LEED GREEN BUILDING CERTIFICATION SYSTEM IS THE PREEMINENT PROGRAM FOR RATING THE DESIGN, CONSTRUCTION AND OPERATION OF GREEN BUILDINGS. OVER 59,000 PROJECTS ARE CURRENTLY PARTICIPATING IN THE LEED SYSTEM, COMPRISING OF NEARLY 10 BILLION SQUARE FEET OF CONSTRUCTION SPACE IN ALL 50 STATES AND 135 COUNTRIES. LEED-CERTIFIED BUILDINGS CONTRIBUTE TO A MORE SUSTAINABLE BUILT ENVIRONMENT. PEER RATING SYSTEM (PERFORMANCE EXCELLENCE IN ELECTRICITY RENEWAL):PEER IS A DYNAMIC, ADAPTIVE RATING PROCESS DESIGNED TO MEASURE AND IMPROVE SUSTAINABLE 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. PEER IS A CERTIFICATION PROGRAM THAT MEASURES AND IMPROVES POWER SYSTEM PERFORMANCE AND ELECTRICITY DELIVERY SYSTEMS. THROUGH PEER, POWER GRIDS CAN GAIN A COMPETITIVE ADVANTAGE BY DIFFERENTIATING PERFORMANCE, DOCUMENTING VALUE PRODUCED AND DEMONSTRATING MEANINGFUL OUTCOMES. 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 18 0 1 58 1 0 1 NL 0 0 0 0 X 7 7 0 1 1 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X JIM CRAIG 2028287422 2101 L STREET NW NO 500 WASHINGTON DC 20037 X X S RICHARD FEDRIZZI USGBC PRESIDENT/CEO & FOUNDING CHAIRMAN 3.00 X X 0 0 0 GAIL VITTORI CHAIR 10.00 X X 0 0 0 HARRY GORDON VICE CHAIR 10.00 X X 0 0 0 GANESH RAO SECRETARY/TREASURER 10.00 X X 0 0 0 LIBERTY MUNSON MEMBER 3.00 X 0 0 0 THOMAS MUELLER MEMBER 3.00 X 0 0 0 DON ANDERSON MEMBER 3.00 X 0 0 0 MAHESH RAMANUJAM PRESIDENT, COO OF USGBC 3.00 X 0 0 0 ABIGAIL HAMPSMIRE TECHNICAL DIRECTOR, ENERGY/HVAC 40.00 X 118234 0 13602 SARAH ALEXANDER VP, CERTIFICATION 40.00 X 117367 0 20419 ELISA KAHN DIRECTOR, CREDNTIALING 40.00 X 114037 0 17950 KENNETH SIMPSON GROUP LEADER, ENERGY 40.00 X 108733 0 9053 DOUG GATLIN SVP, GLOBAL SERVICE DELIVERY 40.00 X 179250 0 14678 637621 0 75702 8 0 1 0 US GREEN BUILDING COUNCIL 2101 L STREET NW STE 500 WASHINGTON DC 20037 MANAGEMENT & ROYALTY 26891291 THE EPSTEN GROUP INC 399 EDGEWOOD AVENUE ATLANTA GA 30312 CERTIFICATION REVIEWER 3416426 SRI QUALITY SYSTEM REGISTRAR 300 NORTH POINTE CIRCLE STE 304 SEVEN FIELDS PA 16046 CERTIFICATION REVIEWER 1794810 CATALYST PARTNERS 502 2ND STREET NW 200 GRAND RAPIDS MI 49504 CERTIFICATION REVIEWER 1568950 PROMETRIC INC PO BOX 223608 PITTSBURG PA 152512608 CREDENTIALING 1212177 18 CERTIFICATION 900099 31907059 31907059 ACCREDITATION 900099 7496076 7496076 REGISTRATION 900099 6406083 6406083 45809218 89240 89240 6077408 6059220 18188 18188 18188 GRESB 900099 22600 22600 MERCHANDISE 900099 16253 16253 38853 45955499 45848071 0 107428 X 4730682 139862 671151 378054 19625800 3800 13432375 188297 156153 245 2289591 144237 22691 CREDIT CARD FEES 783298 OTHER EXPENSES 296701 42862937 13321166 11115641 485442 407193 63155 8977 125172 961206 4842117 5938000 14776791 22491278 1424096 1966567 7134103 9498932 1211877 2951674 9770076 14417173 X 5006715 8074105 5006715 8074105 14776791 22491278 3092562 -25172 0 X 0 1 X 1 0 0 5938000 F 5938000 DUE TO U.S. GREEN BUILDING COUNCIL 2951674 2951674 X 46030274 -25172 99947 74775 45955499 0 45955499 43453724 590787 590787 42862937 0 42862937 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, 2014 AND 2013. GRESB IS SUBJECT TO LOCAL COUNTRY TAXES PER NETHERLANDS TAX REGULATIONS. THE SUBSIDIARY HAD NO TAXABLE SURPLUS, AND AS SUCH, HAD NO TAX LIABILITY AS OF DECEMBER 31, 2014. 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 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENT 99,947. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENT 590,787. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CREDENTIALING 2395 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CREDENTIALING 145082 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CREDENTIALING 44781 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES CREDENTIALING 100116 NORTH AMERICA 0 0 PROGRAM SERVICES CREDENTIALING 134646 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES CREDENTIALING 1783 SOUTH AMERICA 0 0 PROGRAM SERVICES CREDENTIALING 20657 SOUTH ASIA 0 0 PROGRAM SERVICES CREDENTIALING 10201 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CREDENTIALING 979 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENT IN GRESB 5938000 0 0 0 0 0 0 459661 5938979 6398640 0 0 1 0 0 1 0 0 0 DOUG GATLIN SVP, GLOBAL SERVICE DELIVERY 176750 0 2500 0 0 0 1173 0 16203 0 196626 0 0 0 FORM 990, PART I, LINE 1 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 VALIDATION THAT LEED BUILDING CERTIFICATIONS AND LEED PROFESSIONAL CREDENTIALS HAVE MET SPECIFIC, RIGOROUS CRITERIA. PROFESSIONAL CREDENTIALING: GBCI PROVIDES BALANCED, OBJECTIVE MANAGEMENT OF THE LEED PROFESSIONAL CREDENTIALS, INCLUDING THE LEED GREEN ASSOCIATE AND LEED AP CREDENTIALS, THROUGH STRUCTURED EXAM DEVELOPMENT, APPLICATION, REGISTRATION, AND DELIVERY. GBCI ALSO OVERSEES THE CREDENTIAL MAINTENANCE PROGRAM (CMP) FOR LEED PROFESSIONALS, WHICH DEMONSTRATES THAT LEED PROFESSIONAL CREDENTIALS ARE THE INDUSTRY'S AGREED-UPON WAY OF DRIVING ONGOING EXCELLENCE IN GREEN BUILDING PRACTICE, PROVIDING CERTAINTY AND RELEVANCE FOR THE MARKETPLACE. GBCI ALSO DEVELOPS PROFESSIONAL CERTIFICATES FOR THOSE INVOLVED IN THE VERIFICATION OF GREEN BUILDING PROJECTS. PROJECT CERTIFICATION: GBCI IS RESPONSIBLE FOR ADMINISTERING THE LEED CERTIFICATION PROGRAM. GBCI COORDINATES THE WORK OF GLOBAL CERTIFICATION BODIES WITH EXPERTISE IN VALIDATING INTERNATIONAL STANDARDS (ISO-COMPLIANCE), ENSURING THAT THE THIRD-PARTY CERTIFICATION AND VERIFICATION OF BUILDINGS UNDER THE LEED RATING SYSTEM IS OF HIGH QUALITY AND INTEGRITY. FORM 990, PART III, LINE 2 PEER RATING SYSTEM (PERFORMANCE EXCELLENCE IN ELECTRICITY RENEWAL): PEER IS A DYNAMIC, ADAPTIVE RATING PROCESS DESIGNED TO MEASURE AND IMPROVE SUSTAINABLE 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. PEER IS A CERTIFICATION PROGRAM THAT MEASURES AND IMPROVES POWER SYSTEM PERFORMANCE AND ELECTRICITY DELIVERY SYSTEMS. THROUGH PEER, POWER GRIDS CAN GAIN A COMPETITIVE ADVANTAGE BY DIFFERENTIATING PERFORMANCE, DOCUMENTING VALUE PRODUCED AND DEMONSTRATING MEANINGFUL OUTCOMES. 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, 2014, WERE $19,625,800. FORM 990, PART VI, SECTION A, LINE 4 SUMMARY OF CHANGES: ARTICLE 2, SECTION 2. QUALIFICATION, SELECTION AND COMMENCEMENT OF SERVICE AS DIRECTORS. REPLACE "GBCI CEO AND THE TWO USGBC MEMBER DIRECTORS" WITH "GBCI BOARD." ARTICLE 4, SECTION 1. STANDING COMMITTEES OF THE CORPORATION. CHANGE TO "COMMITTEES OF THE CORPORATION" AND RE-ORDER THE COMMITTEES CURRENTLY LISTED SO THAT "STANDING" AND "AD HOC" COMMITTEES ARE GROUPED TOGETHER. IN SECTION 1 D (III), CHANGE THE LEED AP TO LEED AP + SPECIALTY OR LEED FELLOW. ARTICLE 4, SECTION 2. COMMITTEES OF THE BOARD. REMOVE SECTION 2(A), EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A THE EXECUTIVE COMMITTEE OF THE U.S. GREEN BUILDING COUNCIL APPOINTS THREE MEMBERS OF THE GBCI BOARD (CEO AND TWO OTHER SEATS). FORM 990, PART VI, SECTION A, LINE 7B THE EXECUTIVE COMMITTEE OF THE U.S. GREEN BUILDING COUNCIL MUST REVIEW AND APPROVE GBCI BYLAWS AMENDMENTS. FORM 990, PART VI, SECTION B, LINE 11 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 FINANCE AND AUDIT COMMITTEE AND 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 WILL ALSO BE SENT ELECTRONICALLY TO MEMBERS OF THE FINANCE AND AUDIT COMMITTEE AT LEAST TWO DAYS BEFORE FILING. 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 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, AND THUS NO COMPENSATION IS REPORTED ON THIS FORM. HOWEVER, ALL COMPENSATION PAID TO GBCI EMPLOYEES IS FULLY REPORTED ON USGBC'S 990. FORM 990, PART IX, LINE 11G CREDENTIALING CONSULTING (EXAM/ACCRED EXP) 1,663,878. CERTIFICATION CONSULTING + CUSTOMER SERVICE 10,887,819. CONSULTING 880,678. STICHTING ADMINISTRATIEKANTOOR GRESB (NO EIN) SARPHATISTRAAT 370 1018 GW AMSTERDAM NL SEE PART VII NL GREEN BUILDING CERTIFICATION INSTITUTE C 99947 6329841 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE R, PART IV, COLUMN (B), PRIMARY ACTIVITY GRESB 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.