2024-04-01T07:27:09-05:00 2023-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-07-01 133100197 WORLD ENVIRONMENT CENTER INC WORL 3015888994 7200 WISCONSIN AVE 500 BETHESDA MD 20814 MARGARET O'GORMAN PRESIDENT & CEO 3015888994 2024-04-01 1 MARGARET OGORMAN 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MARGARET O'GORMAN 7200 WISCONSIN AVE 500 BETHESDA MD 20814 1156150 0 X WWW.WEC.ORG X 1981 NY SEE PART III, LINE 1. 14 13 5 0 0 0 640295 1115727 0 0 -8724 -5815 -62174 -57797 569397 1052115 82343 35377 0 0 530879 548294 0 0 107910 506447 501431 1119669 1085102 -550272 -32987 244784 349061 151342 277459 93442 71602 WEC IS A GLOBAL, NON-PROFIT, NON-ADVOCACY ORGANIZATION WHOSE MISSION IS TO ADVANCE SUSTAINABLE DEVELOPMENT THROUGH THE BUSINESS STRATEGIES AND OPERATIONS OF MEMBER COMPANIES IN PARTNERSHIP WITH GOVERNMENT, NON-GOVERNMENTAL ORGANIZATIONS AND OTHER STAKEHOLDERS. 0 0 491246 35377 WEC CAPACITY BUILDING PROGRAM IN CENTRAL AND SOUTH AMERICA CONTRIBUTES TO SUSTAINABLE DEVELOPMENT BY PROVIDING COOPERATIVE PROJECTS, TRAINING AND TECHNOLOGY SOLUTIONS THAT ENHANCE THE ABILITY OF INDUSTRY, GOVERNMENT AND ENVIRONMENTAL ORGANIZATIONS TO PROTECT AND IMPROVE THE ENVIRONMENT WHILE STRENGTHENING ECONOMIC DEVELOPMENT. THESE PROGRAMS ARE OFTEN FUNDED THROUGH GOVERNMENT GRANTS AND/OR WEC'S CORPORATE MEMBERS. THIS CATEGORY INCLUDES ALL WEC SUPPLY CHAIN PROJECTS. THIS CATEGORY ALSO INCLUDES UNEP GRANTS THAT DISCUSSES STRENGTHENING ACTIONS TO ACHIEVE THE SUSTAINABLE DEVELOPMENT GOALS TO HELP THE ENVIRONMENT. 106889 SERVICES PROVIDED BY WEC TO ALL MEMBERS IN GENERAL, INCLUDING INTERNATIONAL MEMBERSHIP ROUNDTABLES AND SUSTAINABILITY FORUMS. THESE SERVICES PROVIDE SENIOR LEVEL HSE, CSR AND SUSTAINABLE DEVELOPMENT EXECUTIVES IN MULTINATIONAL CORPORATIONS WITH AN EXCHANGE OF INFORMATION, EXPERTISE AND A WORLDWIDE NETWORK OF CONTACTS TO PROMOTE THE SHARED MISSION OF WEC AND MEMBER COMPANIES. 114715 THIS PROGRAM COMPRISES SPECIAL/AD HOC ACTIVITIES THAT SUPPORT WEC IN ACHIEVING ITS MISSION. 712850 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 5 1 0 1 GM 0 0 0 1 1 0 0 0 0 0 0 X 14 13 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X ADANE WOLDEMARIAM 3015888994 7200 WISCONSIN AVE 500 BETHESDA MD 20814 GLENN PRICKETT PRESIDENT & CEO 40.00 X X 287194 0 31663 EMILIO TENUTA CHAIRMAN 1.00 X X 0 0 0 EUNICE HEATH VICE-CHAIRMAN 1.00 X X 0 0 0 SHERYL TELFORD TREASURER 1.00 X X 0 0 0 CRISTINA GIL WHITE SECRETARY 1.00 X X 0 0 0 ISABEL STUDER BOARD MEMBER 1.00 X 0 0 0 DONNA VENABLE BOARD MEMBER 1.00 X 0 0 0 KAREN WESTLEY BOARD MEMBER 1.00 X 0 0 0 KRIS MORICO BOARD MEMBER 1.00 X 0 0 0 LARS MURAWSKI BOARD MEMBER 1.00 X 0 0 0 EXEQUIEL ROLAN MICHEL BOARD MEMBER 1.00 X 0 0 0 ZOE HASEMAN BOARD MEMBER 1.00 X 0 0 0 KEVIN BUTT BOARD MEMBER 1.00 X 0 0 0 LAURENT HOPKINS BOARD MEMBER 1.00 X 0 0 0 287194 0 31663 1 0 1 0 ERNESTO SAMAYOA CALLE JUCUARAN 28-A BOSQUES DE SANTA ELENA ES OPERATIONS MGMT 120299 1 174000 123944 330353 487430 1115727 3243 3243 37180 46238 -9058 -9058 -9058 0 123944 57797 -57797 -57797 1052115 0 0 -63612 X 35377 35377 348771 207759 87764 53248 157505 61869 51777 43859 10138 3979 3334 2825 2534 1343 701 490 29346 14231 9917 5198 31545 31545 187450 183727 3723 8793 1200 7500 93 21307 14248 7058 1 13248 13248 30512 30512 60675 59475 -334 1534 2728 2632 77 19 2189 2189 9024 9024 LOCAL COUNTRY COORDIN. 128245 123245 5000 PAYROLL PROCESSING 3324 1761 920 643 FACILITIES & EQUIPMENT 1419 1419 SUBSCRIPTIONS/PUBS 788 585 203 184 184 1085102 712850 264342 107910 55343 42873 106353 157648 47580 21580 68960 68960 0 0 32926 989 2582 125971 244784 349061 129591 131626 21751 145833 151342 277459 X 4472 -223992 88970 295594 93442 71602 244784 349061 -32987 11147 0 X 0 1 X 1 0 X 1471136 1796270 837341 640295 1115727 5860769 1471136 1796270 837341 640295 1115727 5860769 948299 4912470 7703 7797 6730 6630 3243 32103 5892872 20793 0.83360 0.89840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 21805 -20000 -267 95 1443 91684 -60000 -9728 151 21805 76023 15661 91684 85384 -9361 76023 74015 11369 85384 1.00000 0.00000 0.00000 0 0 68960 68960 0 0 ACCRUED INTEREST 6905 RIGHT-OF-USE ASSET 119066 125971 DUE TO WEC EUROPE 24903 OPERATING LEASE LIABILITY 120930 145833 X 1213924 11147 150662 161809 1052115 0 1052115 1230483 145381 145381 1085102 0 1085102 PART V, LINE 4: THE BOARD DESIGNATED ENDOWMENT FUNDS WERE ESTABLISHED AS OPERATING RESERVE FUNDS TO PROVIDE FINANCIAL STABILITY AND TO BE USED AS CONTINGENCY FUNDS OR FOR UNANTICIPATED EVENTS AS AUTHORIZED BY THE BOARD OF DIRECTORS. PART X, LINE 2: FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, WEC HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED FOR COMBINED AFFILIATE WEC EUROPE ON THE FINANCIAL STATEMENTS AND NOT REPORTED ON THE FORM 990 150,662. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED FOR COMBINED AFFILIATE WEC EUROPE ON THE FINANCIAL STATEMENTS AND NOT REPORTED ON THE FORM 990 145,381. 1 CENTRAL AMERICA AND THE CARRIBEAN 1 3 PROGRAM SERVICES CREATING SUSTAINABLE VALUE CHAINS: FROM SUBSISTENCE FARMING TO SUCCESSFUL AGRI-BUSINESSES IN CENTRAL AMERICA & TO INCREASE CAPACITIES OF WOMEN-OWNED MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES (MSMES) TO ADDRESS THE SYSTEMIC GENDER BARRIERS IN LATIN AMERICA AND THE CARIBBEAN REGION. 319739 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES STRENGTHEN ENVIRONMENTAL GOVERNANCE THAT WILL LEAD TO THE ADOPTION OF IMPROVED ENVIRONMENTAL PRACTICES, TECHNOLOGIES, AND SERVICES 37730 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 16802 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 18575 1 4 0 0 1 4 392846 0 392846 NORTH AMERICA TO INCREASE CAPACITIES OF WOMEN-OWNED MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES (MSMES) TO ADDRESS THE SYSTEMIC GENDER BARRIERS IN LATIN AMERICA AND THE CARIBBEAN REGION. 8375 WIRE 0 NORTH AMERICA TO INCREASE CAPACITIES OF WOMEN-OWNED MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES (MSMES) TO ADDRESS THE SYSTEMIC GENDER BARRIERS IN LATIN AMERICA AND THE CARIBBEAN REGION. 10200 WIRE 0 MIDDLE EAST AND NORTH AFRICA STRENGTHEN ENVIRONMENTAL GOVERNANCE THAT WILL LEAD TO THE ADOPTION OF IMPROVED ENVIRONMENTAL PRACTICES, TECHNOLOGIES, AND SERVICES 16802 WIRE 0 0 3 1 0 0 0 0 0 PART I, LINE 2: ALL SUBRECIPIENTS NEED TO SUBMIT A GRANT PROPOSAL DETAILING THE PURPOSE OF THE GRANT. GRANTEES ARE REQUIRED TO SUBMIT PERIODIC FINANCIAL AND PROGRAMMATIC REPORTS DETAILING USE AND ACCOMPLISHMENTS FUNDED BY THE GRANT. PART III ACCOUNTING METHOD: GOLD MEDAL AWARD 123944 123944 17280 12654 27863 123944 123944 17280 12654 27863 57797 -57797 X X 0 0 0 0 0 0 0 0 0 GLENN PRICKETT PRESIDENT & CEO 287194 0 0 0 0 0 15171 0 16492 0 318857 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS GROUP AND INDIVIDUAL MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A BOARD MEMBER FROM THE AUDIT COMMITTEE WILL REVIEW THE FORM 990 BEFORE IT IS FILED. THE ENTIRE BOARD WILL RECEIVE A COPY OF THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND THE BOARD WERE EMAILED A COPY OF THE CONFLICT OF INTEREST POLICY AND WERE ASKED TO REVIEW AND SIGN. EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS AS THEY BECOME AWARE OF THEM. WHEN A CONFLICT OF INTEREST ARISES, IT IS BROUGHT TO THE ATTENTION OF THE ORGANIZATION'S ATTORNEY AND THE ORGANIZATION FOLLOWS ESTABLISHED PROCEDURES TO RESOLVE THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE PRESIDENT/CEO OF THE ORGANIZATION IS DETERMINED USING COMPARABILITY DATA, REVIEWED AND APPROVED BY THE WEC EXECUTIVE COMMITTEE AND SUBSEQUENTLY BY THE BOARD OF DIRECTORS, AND THE DECISION IS DOCUMENTED IN MINUTES OF THE EXECUTIVE SESSION OF THE BOARD OF DIRECTORS. THE COMPENSATION REVIEW FOR THE NEW EXECUTIVE DIRECTOR TOOK PLACE IN JUNE 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON WEC'S WEBSITE. FORM 990, PART IX, LINE 11G CONSULTANT AND CONTRACTOR FEES: PROGRAM SERVICE EXPENSES 183,727. MANAGEMENT AND GENERAL EXPENSES 3,723. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 187,450. WORLD ENVIRONMENT CENTER EUROPE EV BODENSEESTR 481241 MUNICH GM BUSINESS SOLUTIONS FOR SUSTAINABLE DEVELOPMENT GM 501(C)(3) WORLD ENVIRONMENT CENTER 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 WEC EUROPE S 24903 ACTUAL AMOUNT