2026-08-25T15:03:18-05:00 2025-12-31 010523282 Berry Dunn McNeil & Parker LLC 1000 Elm Street 4th Floor Manchester NH 03101 990 2025-01-01 861119361 Green Building Initiative Inc GREE 5032740448 PO Box 80010 Portland OR 97280 Stephen Ayers Interim CEO 5032740448 2026-08-25 1 Melissa Magoon CPA P01712842 6036697337 2026-08-25 2025 2025-03-06 01:10:19Z Stephen Ayers PO Box 80010 Portland OR 97280 11740267 0 X www.thegbi.org X 2004 OR To improve the built environment's impact on climate and society. 15 15 34 72 0 0 282850 379686 10098791 10761090 541291 599491 0 0 10922932 11740267 5000 4975 0 0 3214851 3907369 0 0 223258 5363655 5461082 8583506 9373426 2339426 2366841 14146047 16018683 2927735 2286459 11218312 13732224 X To improve the built environment's impact on climate and society. We deliver education, credentialing, standards, assessments, and certifications developed by an inclusive and collaborative global network. 1 0 7330205 4975 10761090 GBI offers two whole building certification programs that evaluate the sustainability, health & wellness, and resilience of commercial and multifamily residential buildings. Green Globes is available for projects in the US and Canada, whereas Ascent is available in the EU, UK, and elsewhere outside the US and Canada.Additionally, GBI's Journey to Net Zero assessment and certification program helps cut carbon and energy use in buildings by giving owners tools to evaluate performance, track progress, and make informed improvements.GBI also supports US government buildings in meeting federal sustainable building requirements through its Guiding Principles Compliance assessment program.To enhance sustainable building education and promote the adoption of best practices, GBI delivers the following credentialing programs: Green Globes Emerging Professional (GGEP), Green Globes Professional (GGP), Green Globes Fellow (GGF), Green Globes Assessor (GGA), Guiding Principles Compliance Professional (GPCP), and Guiding Principles Compliance Fellow (GPCF).GBI is a thought leader on sustainability, health and wellness, resilience, ESG, and Net Zero objectives related to buildings. As such, GBI collaborates with NGOs, governments, corporations, and allied organizations in the pursuit of global environmental objectives.GBI's Board of Directors strives to promote transparency in its governance practices as it does in the development of its rating systems, where GBI follows ANSI-approved procedures for consensus, balance, openness, and due process. To request information or provide input on GBI's governance, rating system development, online tools, or consensus processes, send inquires to info@thegbi.org. 7330205 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 1 44 0 1 34 1 0 1 CA 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 OR MA CA NY X Stephen Ayers 5032740448 PO Box 80010 Portland OR 97280 Alison Hoagland Chair 1.00 0.00 X X 0 0 0 Sumayyah Theron Chair Elect 1.00 0.00 X X 0 0 0 Tim Thiel Immediate Past Chair 1.00 0.00 X X 0 0 0 Luis Perez-Soto Treasurer 1.00 0.00 X X 0 0 0 Meagan Sykes Secretary 1.00 0.00 X X 0 0 0 Vincent Bataoel Board Member 1.00 0.00 X 0 0 0 Charline Cormier Board Member 1.00 0.00 X 0 0 0 Keely Felton Board Member 1.00 0.00 X 0 0 0 Cons Gattuso Board Member 1.00 0.00 X 0 0 0 Dain Hansen Board Member 1.00 0.00 X 0 0 0 Randy Mortensen Board Member 1.00 0.00 X 0 0 0 Brenda Steinhauer Board Member 1.00 0.00 X 0 0 0 Simon Turner Board Member 1.00 0.00 X 0 0 0 Laura Unrein Board Member 1.00 0.00 X 0 0 0 Julie Wojnowski Board Member 1.00 0.00 X 0 0 0 Vicki Worden CEO 40.00 0.00 X 515729 0 57985 Jenna Middaugh COO 40.00 0.00 X 248260 0 29370 Sara Rademacher SVP, Programs & Ops 40.00 0.00 X 180242 0 25782 Megan Baker VP, Engagement 40.00 0.00 X 185720 0 19431 Tori Yattaw VP, Finance & Admin 40.00 0.00 X 154614 0 22591 Nilesh Bansal Past VP, Bldg & Program Innovation 40.00 0.00 X 136129 0 12044 Anthony Guerra Sr. Dir, QA & Technical Content 40.00 0.00 X 130315 0 10069 1551009 0 177272 16 0 1 0 D Johnson Architect LLC 359 Fairway Drive 20119 Jasper GA 30143 Assessor 562850 Efficient Green LLC PO Box 217 Hoschton GA 30548 Assessor 526418 Wise Built LLC 2426 NW 37th Terrace Gainesville FL 32605 Assessor 511318 Barbara AW Clarke Architect 125 Maple Lane West Chester PA 19382 Assessor 496367 Buchalter 1331 NW Lovejoy St Ste 900 Portland OR 972092782 Legal Services 305435 11 315215 10000 54471 379686 Building Certification 541900 9824138 9824138 Software Registration 533110 807594 807594 Professional Training 611430 127866 127866 Other Revenue 541900 1492 1492 10761090 599491 599491 11740267 10761090 0 599491 X 4975 4975 851344 576206 227056 48082 2550554 2007106 399530 143918 59728 49982 6377 3369 203233 157677 33931 11625 242510 184683 44140 13687 389247 389247 33925 33925 30000 30000 12927 12927 3211500 3165320 44911 1269 605725 600522 5203 2853 2853 509898 85198 424572 128 129613 127075 2538 146515 146515 36585 12008 24577 Other 328608 199855 127573 1180 ANSI Expense 11339 11339 Staff Development 10603 10603 Plaques 1744 1744 9373426 7330205 1819963 223258 11035336 12728863 159009 171557 2062302 2315526 720994 574478 168406 228259 14146047 16018683 509872 302836 2306574 1850373 111289 133250 2927735 2286459 X 11218312 13732224 11218312 13732224 14146047 16018683 2366841 147071 0 X 0 1 X 1 0 X 279300 288730 288417 282850 379686 1518983 6911573 6009575 6629715 10098791 10761090 40410744 7190873 6298305 6918132 10381641 11140776 41929727 0 46007 46007 46007 46007 41883720 28964 116772 376217 541291 599491 1662735 28964 116772 376217 541291 599491 1662735 7219837 6415077 7294349 10922932 11740267 43592462 0.96080 0.96930 0.03810 0.02940 X Schedule A, Part III, Line 12, Explanation of Other Income: Miscellaneous - RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 30000 30000 9343426 9373426 618671 154668 0 0 408008 465678 579175 618671 2071532 3107298 30000 30000 102002 116420 144794 154668 517884 776826 0 Deferred Compensation 133250 133250 X Part X, Line 2: GBI is exempt from income taxes under Internal Revenue Code (the Code) Section 501(c)(3) to operate as a not-for-profit. GBI has also been classified a public charity under Section 509(a). GB Initiative Canada has been established as a tax-exempt membership corporation under the Canadian Not-for-Profit Corporations Act. Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 740, Income Taxes, establishes financial accounting and disclosure requirements for measurement of tax positions taken or expected to be taken. Management has reviewed the tax provisions for the Organization under FASB ASC Topic 740 and determined it did not have a material impact on the consolidated financial statements. North America - Canada and Mexico, 0 0 Investment in Foreign Non-Profit Subsidiary 216809 0 0 0 0 0 0 216809 0 216809 1 0 1 0 0 0 X X X X X X 1 1 0 1 0 0 0 1 0 Vicki Worden CEO 315729 0 180000 0 20000 0 34000 0 23985 0 573714 0 0 0 Jenna Middaugh COO 191760 0 44000 0 12500 0 19070 0 10300 0 277630 0 0 0 Sara Rademacher SVP, Programs & Ops 149576 0 30666 0 0 0 5450 0 20332 0 206024 0 0 0 Megan Baker VP, Engagement 153004 0 32716 0 0 0 4767 0 14664 0 205151 0 0 0 Tori Yattaw VP, Finance & Admin 132014 0 22600 0 0 0 4878 0 17713 0 177205 0 0 0 Part I, Lines 4a-b During 2025, Nilesh Bansal, Past VP, Building & Program Innovation, received a severance payment in the amount of $6,057. Vicki Worden, CEO, and Jenna Middaugh, COO, participated in a nonqualified retirement plan. During 2025, contributions to this plan were $23,500 for Vicki Worden and $11,750 for Jenna Middaugh. Part I, Line 5 The organization offers organization-wide quarterly bonuses and year-end bonuses dependent upon hitting the organization's revenue goals. Part I, Line 7 The CEO is awarded an annual bonus based on achieving certain programmatic benchmarks. Jenna Middaugh, COO, Sara Rademacher, SVP Programs and Ops, Megan Baker, VP Engagement, Nilesh Bansal, Past VP, Bldg & Program Innovation, Tori Yattaw, VP, Finance & Admin and Anthony Guerra, Sr. Dir, QA & Technical Content received bonuses as part of an association-wide bonus plan as well as for exceeding organizational performance objectives plus individual achievements. Marston Design Studio Company owned by Former Board Member, Donald Martin 177363 Assessor 0 Form 990, Part III, line 2 In 2025, GBI launched Ascent, a whole building certification program that evaluates the sustainability, health & wellness, and resilience of commercial and multifamily residential buildings in the EU, UK, and elsewhere outside the US and Canada. Form 990, Part VI, Section A, line 4 The Ninth Amended & Restated Bylaws of the Green Building Initiative were approved by the Board of Directors on April 8, 2025. This revision had the following effects: - Provided a mechanism for the CEO to appoint senior officers of the Corporation, such as a COO. - Changed the title of GBI's chief staff executive from "President & Chief Executive Officer (CEO)" to "Chief Executive Officer (CEO)" to reflect the addition of a COO role at the organization. - Removed a formality requiring the Building Industry Advisory Council to report directly to the Board in favor of reporting to the CEO; also eliminated the formality of providing Board candidate recommendations to the Nominations & Governance Committee as GBI now has an open nominations process. - Supported succession planning by clarifying that the CEO and any interim or acting CEO is employed/retained by the Board of Directors. Form 990, Part VI, Section A, line 6 Green Building Initiative has been established as a nonprofit membership corporation. Form 990, Part VI, Section A, line 7a Organizational members have the ability to vote on the slate of Board members, officers, and Executive Committee. Form 990, Part VI, Section B, line 11b A complete copy of the organization's Form 990, as filed with the Internal Revenue Service, is provided to each member of the organization's Board of Directors prior to its filing with the Service. The organization's Finance and Audit Committee, comprised solely of independent members of the Board of Directors, reviews the Form 990 in detail prior to its filing with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c The organization requests annually that each member of the Board of Directors reaffirm their compliance with the organization's conflict of interest policies in writing. Form 990, Part VI, Section B, line 15a The compensation of the CEO was based on a market analysis performed by an independent executive search firm. The compensation package was approved by the Executive Committee of the Board of Directors and documented in writing. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and whistleblower policy available to the public on its website. The organization makes its financial statements available to the public upon request. Form 990, Part IX, line 11g Program and outreach consultants: Program service expenses 325,860. Management and general expenses 44,411. Fundraising expenses 1,269. Total expenses 371,540. Contracted assessors services: Program service expenses 2,839,460. Management and general expenses 500. Fundraising expenses 0. Total expenses 2,839,960. GB Initiative Canada 67 Oak Street McAdam NB CA Promote edu., standards, assessments and cert./sustainable buildings. CA Green Building Initiative Inc 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 GB Initiative Canada S 60009 FMV