2023-11-14T15:22:27-06:00 2022-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2022-01-01 943241464 INSTITUTE FOR MARKET TRANSFORMATION INST 2025252883 PO BOX 66526 WASHINGTON DC 20035 LOTTE SCHLEGEL EXECUTIVE DIRECTOR 2025252883 2023-11-13 1 LOTTE SCHLEGEL 999009999 0 HOLLY CAPORALE P00235685 3019860600 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ADAM HINGE PO BOX 66526 WASHINGTON DC 20035 4838446 0 X WWW.IMT.ORG X 1996 DC THE MISSION OF THE INSTITUTE IS TO CATALYZE DEMAND FOR HIGH-PERFORMING BUILDINGS. 10 10 38 10 156568 0 4425637 3095658 1187980 1710160 5901 29100 500 3528 5620018 4838446 187500 432499 0 0 3478735 3990833 0 0 86291 1207593 1861777 4873828 6285109 746190 -1446663 5588466 4499701 372924 730822 5215542 3768879 THE MISSION OF THE INSTITUTE IS TO CATALYZE DEMAND FOR HIGH-PERFORMING BUILDINGS. 0 0 2545670 298333 0 PUBLIC SECTOR ENGAGEMENT: WE ADVANCE THE DESIGN OF BUILDING PERFORMANCE POLICIES THAT EFFECTIVELY AND AFFORDABLY CAP AND REDUCE EMISSIONS FOR ALL BUILDING TYPES AND ADDRESS COMMUNITY PRIORITIES OF EQUITY, RESILIENCY, AND PUBLIC HEALTH. IMT IS A STRATEGIC AND TECHNICAL PARTNER TO STATE, LOCAL, AND FEDERAL GOVERNMENT LEADERS AND COMMUNITY BASED ORGANIZATIONS, USING OUR EXPERTISE IN BUILDING SCIENCE, ENERGY, AND REAL ESTATE BUSINESS PRACTICES TO ADVANCE BUILDING DECARBONIZATION POLICY SOLUTIONS. 1729614 63333 0 CODES AND REGULATORY ENGAGEMENT: CODES AND REGULATION FRAME THE LEGAL ENVIRONMENT IN WHICH BUILDINGS ARE CONSTRUCTED AND USED, EXERTING A LARGE INFLUENCE ON THE BUILT ENVIRONMENT. IMT WORKS WITH ENERGY CODE DEVELOPMENT BODIES TO INCORPORATE INCREASING EFFICIENCY, ELECTRIFICATION AND GRID INTERACTIVITY INTO NEW CODES. WE BRING TOGETHER CITIES TO MORE EFFECTIVELY PARTICIPATE IN UTILITY PROCEEDINGS AND MAKE UTILITY POLICIES AND PROGRAMS MORE SUPPORTIVE OF BUILDING PERFORMANCE STANDARDS. AND WE WORK TO OVERCOME THE STATUTORY BARRIERS THAT INHIBIT REGULATORS FROM BEING MORE SUPPORTIVE OF IMPROVING BUILDING PERFORMANCE. 1466573 70833 1557120 PRIVATE SECTOR ENGAGEMENT: IMT'S PRIVATE SECTOR-FOCUSED WORK AIMS TO CREATE AND SCALE NEXT-GENERATION BUSINESS PRACTICES THAT ENABLE THE REAL ESTATE SECTOR TO SERVE THE INTERESTS OF ALL STAKEHOLDERS (E.G., INVESTORS, OCCUPANTS, COMMUNITIES) BY DEPLOYING BUILDINGS AS ASSETS IN TRANSFORMING OUR SOCIAL, ECONOMIC, AND PHYSICAL WELLBEING. 5741857 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 38 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA NY X MIKE TOWLER 2025252883 PO BOX 66526 WASHINGTON DC 20035 ADAM HINGE BOARD CHAIR 2.00 X X 0 0 0 SANDRA HENRY BOARD TREASURER 2.00 X X 0 0 0 BOMEE JUNG BOARD SECRETARY 2.00 X X 0 0 0 DAVID GOLDSTEIN BOARD MEMBER 2.00 X 0 0 0 ERIC WALKER BOARD MEMBER 2.00 X 0 0 0 CARLTON BROWN BOARD MEMBER 2.00 X 0 0 0 JONATHAN ARNOLD BOARD MEMBER 2.00 X 0 0 0 JULIA GISEWITE BOARD MEMBER 2.00 X 0 0 0 AKSHAI RAO BOARD MEMBER 2.00 X 0 0 0 MAUREEN WATERS BOARD MEMBER 2.00 X 0 0 0 LOTTE SCHLEGEL EXECUTIVE DIRECTOR 35.00 X 192160 0 31143 ALEX DEWES MANAGING DIR, PROGRAMS 35.00 X 154300 0 24957 BETSY LAW MANAGING DIR, OPERATIONS 35.00 X 144151 0 29763 CLIFFORD MAJERSIK SR ADVISOR, POLICY AND PROGRAMS 35.00 X 143964 0 40824 RYAN FREED SR DIR, POLICY STRATEGY & ENGAGEMENT 35.00 X 139894 0 31708 LINDSEY FALASCA DIR, NET ZERO FED BUILDINGS 35.00 X 128750 0 13278 MARGARET LO DIR, BUSINESS ENGAGEMENT 35.00 X 128658 0 23023 KATHRYN F WEEKS MANAGING DIR, COMM & DEV 35.00 X 127086 0 16945 1158963 0 211641 18 0 1 0 0 169415 2926243 3095658 CONTRACT REVENUE 541900 1524455 1524455 MEMBERSHIP DUES 900099 185705 29137 156568 1710160 29100 29100 MISCELLANEOUS 900099 3528 3528 3528 4838446 1557120 156568 29100 X 432499 432499 576474 417027 147687 11760 2852729 2595293 214668 42768 65069 64030 1039 232804 214514 14904 3386 263757 232887 26698 4172 19066 17070 1729 267 27432 24559 2488 385 1221183 1200348 9199 11636 38244 34757 2918 569 159225 137833 19102 2290 104115 100864 2119 1132 94879 91765 1165 1949 44246 39067 4479 700 43156 37640 4950 566 SUBSCRIPTIONS/LICENSES 60862 55286 2396 3180 MISCELLANEOUS 35890 32995 2411 484 MEMBERSHIPS 13479 13423 48 8 6285109 5741857 456961 86291 5 5 4670141 3811414 519940 74838 203845 404802 95162 70594 301801 254614 71139 47187 28234 90861 5588466 4499701 250345 638028 122579 92794 372924 730822 X 3904492 3026592 1311050 742287 5215542 3768879 5588466 4499701 -1446663 0 X X 0 1 X 1 0 X 4993155 2144059 2367538 4425637 3095658 17026047 4993155 2144059 2367538 4425637 3095658 17026047 4731280 12294767 37843 63785 26697 5901 29100 163326 17391 19559 3672 500 3528 44650 17234023 4966487 0.71340 0.78520 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 17,391. 2019 AMOUNT: $ 19,559. 2020 AMOUNT: $ 3,672. 2021 AMOUNT: $ 500. 2022 AMOUNT: $ 3,528. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 3821 3821 6281288 6285109 464255 116064 0 0 380893 370860 393691 464255 1609699 2414549 3159 945 6569 3821 14494 95223 92715 98423 116064 402425 603638 1409 85 430 1924 123443 113948 9495 178358 140666 37692 47187 DEFERRED REVENUE 22964 OPERATING LEASE LIABILITY 69830 92794 X 4931476 93030 93030 4838446 0 4838446 6378139 93030 93030 6285109 0 6285109 PART X, LINE 2: THE INSTITUTE REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE INSTITUTE DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. THE INSTITUTE'S IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FORM 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN, AND FORM D-20, DISTRICT OF COLUMBIA CORPORATE FRANCHISE TAX RETURN, ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE AUTHORITIES, GENERALLY FOR THREE YEARS AFTER FILING. 1 MID-AMERICA REGIONAL COUNCIL CSC 600 BROADWAY SUITE 200 KANSAS CITY MO 64105 201824454 501(C)(3) 7500 0 LOWENSTEIN FOUNDATION MID-WEST SUBGRANT TO CLIMATE ACTION KANSAS CITY CHARITABLE VENTURES OF ORANGE COUNTY 1505 E 17TH STREET SUITE 101 SANTA ANA CA 92705 208756660 501(C)(3) 10000 0 KRESGE FOUNDATION COMMUNITY BASED ORGANIZATION SUPPORT SUBGRANT ON BPS 2.0 PROJECT MOVEMENT STRATEGY CENTER 436 14TH STREET SUITE 425 OAKLAND CA 94612 201037643 501(C)(3) 190000 0 CLIMATE INNOVATION SUBGRANT PUBLIC HEALTH LAW CENTER 875 SUMMIT AVENUE ST PAUL MN 55105 411896367 501(C)(3) 200000 0 BPS SUBGRANT 4 PART I, LINE 2: AS PART OF IMT'S WORK COLLABORATING WITH COMMUNITY BASED ORGANIZATIONS AND OTHER STAKEHOLDERS, WE SOMETIMES GRANT FUNDS TO OTHER ORGANIZATIONS. IMT REQUIRES ALL GRANT RECIPIENTS TO SIGN A GRANT AGREEMENT AND CERTIFY THAT THEY WILL NOT USE ANY OF THE PROVIDED FUNDS FOR LOBBYING. EACH GRANT RECIPIENT IS REQUIRED TO SUBMIT A FINANCIAL AND NARRATIVE REPORT CERTIFYING THAT THEY HAVE SPENT THE FUNDS ACCORDING TO THE APPROVED SCOPE AND/OR RETURN THOSE FUNDS TO IMT. X 0 0 0 0 0 0 0 0 0 LOTTE SCHLEGEL EXECUTIVE DIRECTOR 192160 0 0 0 0 0 7200 0 23943 0 223303 0 0 0 CLIFFORD MAJERSIK SR ADVISOR, POLICY AND PROGRAMS 143964 0 0 0 0 0 12492 0 28332 0 184788 0 0 0 ALEX DEWES MANAGING DIR, PROGRAMS 154300 0 0 0 0 0 12344 0 12613 0 179257 0 0 0 BETSY LAW MANAGING DIR, OPERATIONS 144151 0 0 0 0 0 13992 0 15771 0 173914 0 0 0 RYAN FREED SR DIR, POLICY STRATEGY & ENGAGEMENT 139894 0 0 0 0 0 9991 0 21717 0 171602 0 0 0 MARGARET LO DIR, BUSINESS ENGAGEMENT 128658 0 0 0 0 0 3909 0 19114 0 151681 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B IMT'S DIRECTOR, STRATEGIC SERVICES RECEIVES THE FORM 990 PREPARED BY THE AUDITORS AND CIRCULATES IT TO THE BOARD CHAIR AND TREASURER OF THE BOARD FOR REVIEW & SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST STATEMENT IS DISTRUBUTED ANNUALLY AND MUST BE SIGNED ANNUALLY ACKNOWLEDGING RECEIPT OF THE POLICY AND ANY CONFLICTS SHOULD BE NOTED. FORM 990, PART VI, SECTION B, LINE 15A THE SALARY OF THE EXECUTIVE DIRECTOR SHALL BE APPROVED BY THE IMT BOARD OF DIRECTORS, AND SHALL BE DETERMINED BASED ON COMPARISONS WITH PAY FOR EXECUTIVE DIRECTORS OF OTHER NONPROFIT ORGANIZATIONS OF SIMILAR SIZE AND SIMILAR PURPOSE, AS WELL AS ON IMT'S FINANCIAL SITUATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER CONSULTING: PROGRAM SERVICE EXPENSES 1,200,348. MANAGEMENT AND GENERAL EXPENSES 9,199. FUNDRAISING EXPENSES 11,636. TOTAL EXPENSES 1,221,183. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.