2011-08-15T09:08:59-05:00 2010-12-31 RSM MCGLADREY INC 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2010-01-01 260893414 GREEN BUILDING CERTIFICATION INSTITUTE GREE 8007951746 2101 L STREET NW NO 650 WASHINGTON DC 20037 J CHRISTOPHER SMITH 8007951746 2011-08-12 1 BILL TURCO 3012963600 2010 2016-02-24 21:20:13Z PETER TEMPLETON 2101 L STREET NW NO 650 WASHINGTON DC 20037 31182956 0 X WWW.GBCI.ORG X 2007 DC THE GREEN BUILDING CERTIFICATION INSTITUTE (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 2008 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. 7 7 0 128 0 0 0 0 54692670 30949637 51762 128960 2025 104359 54746457 31182956 18500000 0 0 0 1859342 3457736 0 0 0 33968375 37319107 54327717 40776843 418740 -9593887 17425987 12717157 7652876 12453377 9773111 263780 X THE GREEN BUILDING CERTIFICATION INSTITUTE (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 2008 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. 0 0 GBCI ADMINISTERED OVER 18,272 EXAM SESSIONS IN 2010; IN ADDITION GBCI HAD OVER 24,150 EXAM APPLICATIONS PROCESSED. 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 45,000 PROJECTS ARE CURRENTLY PARTICIPATING IN THE LEED SYSTEM, COMPRISING OVER 7 BILLION SQUARE FEET OF CONSTRUCTION SPACE IN ALL 50 STATES AND 114 COUNTRIES. LEED-CERTIFIED BUILDINGS CONTRIBUTE TO A MORE SUSTAINABLE BUILT ENVIRONMENT. 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 0 0 0 0 0 0 0 X 7 7 0 1 1 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 DC X JIM CRAIG 2028287422 2101 L STREET NW NO 650 WASHINGTON DC 20037 S RICHARD FEDRIZZI 7.00 X X 0 0 0 SALLY WILSON 3.00 X 0 0 0 VICKI FLAHERTY 3.00 X 0 0 0 LEON GROSS 3.00 X 0 0 0 JIM GOLDMAN 3.00 X 0 0 0 LUCIA ATHENS 3.00 X 0 0 0 THOMAS MUELLER 3.00 X 0 0 0 PETER TEMPLETON 50.00 X 182560 0 16655 J CHRISTOPHER SMITH 7.00 X 0 0 0 BETH HOLST 50.00 X 143620 0 15055 BRUCE DEMAINE 50.00 X 139000 0 8690 LISA REVITTE 50.00 X 118543 0 8753 ELISA KAHN 50.00 X 103750 0 11581 687473 0 60734 5 0 1 0 US GREEN BUILDING COUNCIL 2101 L ST NW WASHINGTON DC 20037 MANAGEMENT & ROYALTY 15881276 SRI QUALITY SYSTEM 300 NORTH POINTE CIRCLE SEVEN FIELDS PA 16046 CERTIFICATION REVIEWER 3402600 ABS GROUP OF COMPANIES 16855 NORTHCHASE DRIVE HOUSTON TX 77060 CERTIFICATION REVIEWER 2865250 PROMETRIC 1501 SOUTH CLINTON STREET BALTIMORE MD 21224 CREDENTIAL EXAM ADMINISTRATION 1782395 NSF INTERNATIONAL 789 N DIXBOROR ROAD ANN ARBOR MI 48113 CERTIFICATION REVIEWER 1699400 23 CERTIFICATION 900099 20815662 20815662 ACCREDITATION 900099 5448020 5448020 REGISTRATION 900099 4685955 4685955 30949637 128960 128960 MERCHANDISE 900099 104359 104359 104359 31182956 30949637 0 233319 219985 2701771 330507 205473 14333372 1081 800 19144515 963444 850556 80118 1547903 256616 96364 OTHER EXPENSES 44338 40776843 16448282 2815791 977705 693716 34800 9172850 17425987 12717157 2249345 1739953 4198702 5084544 1204829 5628880 7652876 12453377 X 9773111 263780 9773111 263780 17425987 12717157 X -9593887 84556 X 0 1 1 X 0 0 836,175.93 SHARES-JPMORGAN SHORT DURATION BOND FUND SELECT CLASS FUND 3133 9172850 F 9172850 DUE TO U.S. GREEN BUILDING COUNCIL 5628880 5628880 31182956 40776843 -9593887 84556 84556 -9509331 31267512 84556 84556 31182956 0 31182956 40776843 0 40776843 0 40776843 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, GBCI MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED GBCI'S TAX POSITIONS AND CONCLUDED THAT USGBC HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, GBCI IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2006. EAST ASIA AND THE PACIFIC PROGRAM SERVICES CREDENTIALING 5755 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES CREDENTIALING 131289 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES CREDENTIALING 2830 SOUTH ASIA PROGRAM SERVICE CREDENTIALING 50772 0 0 0 190646 0 190646 0 0 0 0 0 0 X X 0 0 0 PETER TEMPLETON 177010 0 0 0 5550 0 7400 0 10373 0 200333 0 0 0 BETH HOLST 143620 0 0 0 0 0 5800 0 9255 0 158675 0 0 0 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, 2010, WERE $14,333,372. FORM 990, PART VI, SECTION A, LINE 4 BYLAWS AMENDED DURING 2010: SECTION 3. TERM. THE TERM OF THE CURRENT USGBC PRESIDENT/CEO AND OF THE CURRENT GBCI PRESIDENT SHALL BE FOR ONE YEAR, RENEWABLE WITHOUT LIMITATION. THE TERM OF EACH OF THE OTHER DIRECTORS SHALL BE THREE YEARS, FROM JANUARY 1 TO DECEMBER 31, AND UNTIL HIS OR HER SUCCESSOR SHALL HAVE BEEN APPOINTED OR ELECTED. BOARD SERVICE SHALL BE RENEWABLE FOR LIMIT OF AN ADDITIONAL TERM, PROVIDED, HOWEVER, THAT THE INITIAL TERMS SHALL BE STAGGERED, AS DETERMINED BY THE BOARD, AS FOLLOWS: FOR USGBC MEMBER DIRECTORS: ONE DIRECTOR SHALL SERVE AN INITIAL TERM OF TWO YEARS, AND THE OTHER SHALL SERVE FOR AN INITIAL TERM OF THREE YEARS. FOR THE OTHER FOUR MEMBERS OF THE BOARD, ONE DIRECTOR SHALL SERVE AN INITIAL TERM OF ONE YEAR, TWO SHALL SERVE AN INITIAL TERM OF TWO YEARS, AND ONE SHALL SERVE AN INITIAL TERM OF THREE YEARS. FOR THE PURPOSE OF DETERMINING THE LIMIT OF BOARD SERVICE, SERVICE AS A BOARD MEMBER FOR A YEAR OR LESS IN FILLING A VACANCY OR AS AN INITIAL TERM SHALL NOT BE COUNTED AS A TERM. FORM 990, PART VI, SECTION A, LINE 7A 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 FOR GBCI TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY 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. THESE DISCLOSURES ARE RECORDED IN THE MINUTES OF EACH MEETING AND RETAINED AS OFFICIAL RECORDS OF BUSINESS. MEMBERS WITH CONFLICTS ABSTAIN FROM MAKING MOTIONS, VOTING, EXECUTING AGREEMENTS OR TAKING ANY OTHER SIMILAR DIRECT ACTION OF GBCI ON MATTERS WHICH DIRECTLY OR PREDOMINANTLY INVOLVE THE MATTER OF CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE PRESIDENT OF GBCI IS SET BY THE BOARD OF DIRECTORS. 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 AND THE GBCI CEO. 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. FORM 990, PART VI, SECTION C, LINE 19 THE GREEN BUILDING CERTIFICATION INSTITUTE PROVIDES THE PUBLIC WITH ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. THE FOLLOWING DOCUMENTS CAN BE MADE AVAILABLE FOR FOR PUBLIC REVIEW: FOUNDING DOCUMENTS COMMITTEE POLICIES & PROCEDURES BYLAWS CONFLICT OF INTEREST POLICY ANTITRUST COMPLIANCE POLICY OTHER PROGRAM RELATED POLICIES OUR FINANCIAL STATEMENTS ARE PROVIDED TO THE PUBLIC VIA OUR FORM 990 FILING POSTED ON GUIDESTAR AS WELL AS PROVIDING A COPY OF OUR FORM 990 FILING UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 84,556.