Nonprofit · EIN 85-4146520
WE MEAN BUSINESS COALITION INC
Tax-exempt · NEW YORK, NY 10001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $15,214,542 | $18,605,856 | -$3,391,314 | $21,819,433 | $8,860,826 | $12,958,607 |
| December 31, 2023 | 990 | $19,836,990 | $19,265,381 | $571,609 | $25,264,513 | $8,602,869 | $16,661,644 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $15,132,733
- of which government grants
- $210,880
- Program service revenue
- $0
- Investment income
- $3,757
- Other revenue
- $78,052
Expenses
- Grants and similar amounts paid
- $8,390,212
- Compensation of officers, directors and key employees
- $690,772
- Other salaries and wages
- $3,817,730
- Salaries, compensation and benefits (total)
- $5,723,445
- Professional fundraising fees
- $0
- Legal fees
- $161,717
- Accounting fees
- $73,987
- Occupancy
- $147,674
- Travel
- $536,664
- Program services (functional)
- $16,137,870
- Management and general (functional)
- $1,898,017
- Fundraising (functional)
- $569,969
Balance sheet and other
- Total assets, start of year
- $25,264,513
- Total assets, end of year
- $21,819,433
- Total liabilities, end of year
- $8,860,826
- Net assets, end of year
- $12,958,607
- Net assets without donor restrictions
- $4,775,999
- Net assets with donor restrictions
- $8,182,608
- Gross receipts
- $15,214,542
- Employees
- 19
- Volunteers
- 14
- Year formed
- 2020
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR MARIA MENDILUCE | CEO Officer | 40 | $497,497 | $26,449 |
| ANDREW PRAG | MANAGING DIRECTOR, POLICY Key employee | 40 | $260,812 | $13,764 |
| RASMUS VALANKO MANAGING | DIRECTOR, SYSTEMS TRANSFORMATION Key employee | 40 | $264,665 | $0 |
| JENNY AHLEN MANAGING | DIRECTOR OF NET ZERO Key employee | 40 | $177,540 | $55,203 |
| STEVEN CASEY | DEPUTY DIRECTOR, GRANTS Highest-paid employee | 40 | $176,700 | $46,885 |
| KRISTEN KING | DEPUTY DIRECTOR, COMMUNICATIONS Highest-paid employee | 40 | $166,200 | $28,395 |
| VANESSA SALINAS | DIRECTOR, FINANCE Officer | 40 | $142,197 | $51,167 |
| LUKE PRITCHARD | DIRECTOR, BEYOND ALLIANCE Highest-paid employee | 40 | $132,870 | $42,825 |
| JANE JAGD | DIRECTOR, NET ZERO FINANCE Highest-paid employee | 40 | $156,873 | $15,811 |
| JOSH HARRIS | DIRECTOR, COMMUNICATIONS & Highest-paid employee | 40 | $139,244 | $7,744 |
| SIR IAN CHESHIRE | CHAIR Trustee or director, Officer | 7 | $0 | $0 |
| DR CELINE HERWEIJER | VICE CHAIR Trustee or director, Officer | 7 | $0 | $0 |
| MINDY LUBBER | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| PETER BAKKER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| HELEN CLARKSON | DIRECTOR Trustee or director | 5 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARON CRAMER | DIRECTOR Trustee or director | 5 | $0 |
| AMBASSADOR PATRICIA ESPINOSA | DIRECTOR Trustee or director | 5 | $0 |
| DR STEVE HOWARD | DIRECTOR Trustee or director | 5 | $0 |
| SHERRY MADERA | DIRECTOR Trustee or director | 5 | $0 |
| ROBERTO MARQUES | DIRECTOR Trustee or director | 5 | $0 |
| LEAH SELIGMANN | DIRECTOR Trustee or director | 5 | $0 |
| SUPRIYA SEN | DIRECTOR Trustee or director | 5 | $0 |
| HALLA TOMASDOTTIR | DIRECTOR Trustee or director | 5 | $0 |
| ELIOT WHITTINGTON | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR MARIA MENDILUCE | CEO Officer | 40 | $469,677 | $37,802 |
| RASMUS VALANKO MANAGING | DIRECTOR, SYSTEMS TRANSFORMATION Key employee | 40 | $241,798 | $0 |
| STEVEN CASEY | DEPUTY DIRECTOR, GRANTS Highest-paid employee | 40 | $170,880 | $45,138 |
| JENNY AHLEN MANAGING | DIRECTOR OF NET ZERO Key employee | 40 | $171,720 | $42,542 |
| ROSS HEINEMEYER DIRECTOR OF | FINANCE & PEOPLE THRU DEC 2023 Officer | 40 | $167,866 | $27,751 |
| KRISTEN KING | DEPUTY DIRECTOR, COMMUNICATIONS Highest-paid employee | 40 | $153,360 | $27,296 |
| JEAN-DAVID RAFFENEL | DIRECTOR, OPERATIONS Highest-paid employee | 40 | $163,445 | $9,687 |
| JOSH HARRIS | DIRECTOR, COMMUNICATIONS & DEVELOPMENT Highest-paid employee | 40 | $164,175 | $4,131 |
| ANDREW PRAG | MANAGING DIRECTOR, POLICY Key employee | 40 | $153,579 | $10,407 |
| JANE JAGD | DIRECTOR, NET ZERO FINANCE Highest-paid employee | 40 | $146,646 | $14,762 |
| SIR IAN CHESHIRE | CHAIR Trustee or director, Officer | 7 | $0 | $0 |
| DR CELINE HERWEIJER | VICE CHAIR Trustee or director, Officer | 7 | $0 | $0 |
| MINDY LUBBER | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| PETER BAKKER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| NICOLETTE BARTLET | DIRECTOR Trustee or director | 5 | $0 | $0 |
| HELEN CLARKSON | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ARON CRAMER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| AMBASSADOR PATRICIA ESPINOSA | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DR STEVE HOWARD | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SHERRY MADERA | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ROBERTO MARQUES | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SUPRIYA SEN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| HALLA TOMASDOTTIR | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ELIOT WHITTINGTON | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1178 BROADWAY 3RD FLOOR SUITE 325, NEW YORK, NY 10001-5666
- Principal officer (990 for 2024)
- DR MARIA MENDILUCE, 1178 BROADWAY 3RD FLOOR SUITE 325, NEW YORK, NY 100015404
- Signed the 990
- MINDY LUBBER, TREASURER
- Phone
- (786) 877-5599
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
THROUGH UNPRECEDENTED COLLABORATION, WE CATALYZE BUSINESS ACTION AND DRIVE AMBITIOUS POLICY TO HALVE EMISSIONS BY 2030 AND ACCELERATE AN INCLUSIVE TRANSITION TO A NET-ZERO ECONOMY BY 2050, AT THE LATEST.
Program accomplishments
- GRANTS AND PARTNER WORKWE MEAN BUSINESS COALITION RECEIVES AND DISBURSES GRANT SUPPORT FROM OUR FUNDERS TO THE GRANTEES. THROUGHOUT THE FULL PROCESS OF GRANTING FUNDS, THE WMBC WORKS VERY CLOSELY WITH EACH STAKEHOLDER COMMUNITY TO EXECUTE THE COALITION'S STRATEGY - THE BOARD OF DIRECTORS, REGRANTS COMMITTEE, AND GRANTEES.Expenses $8,390,212 · grants $8,390,212
- COMMUNICATIONSTHE WMBC COMMUNICATIONS TEAM WORKS WITH A GRANTEES TO FOCUS ON THE DELIVERY OF THE COALITION COMMUNICATIONS STRATEGY, INCLUDING SHIFTING THE NARRATIVE ON BUSINESS AND CLIMATE CHANGE TO TELL INSPIRING STORIES OF SYSTEMS CHANGE, DELIVERING POWERFUL MESSAGES FROM BUSINESS TO POLICYMAKERS TO BOLSTER CLIMATE POLICY IN PRIORITY GEOGRAPHIES, AND SUPPORTING THE STRENGTHENING OF WHAT CORPORATE CLIMATE LEADERSHIP MEANS.Expenses $1,841,919
- SME CLIMATE HUBTHE SME CLIMATE HUB (SME CH) IS A GLOBAL INITIATIVE OF THE WE MEAN BUSINESS COALITION, IN PARTNERSHIP WITH THE EXPONENTIAL ROADMAP INITIATIVE AND THE UN HIGH-LEVEL CHAMPIONS RACE TO ZERO CAMPAIGN, THAT HELPS SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) - THOSE WITH LESS THAN 500 EMPLOYEES - TO MAKE A CLIMATE COMMITMENT, TAKE ACTION, AND MEASURE THEIR PROGRESS TOWARDS EMISSIONS REDUCTIONS. ALL TOOLS AND RESOURCES ON THE SME CLIMATE HUB ARE FREE AND SPECIFICALLY EQUIP THE SME COMMUNITY TO TAKE CLIMATE ACTION. THE INITIATIVE IS ALSO THE KEY ENTRY POINT FOR SMES TO JOIN THE RACE TO ZERO CAMPAIGN - AN INTERNATIONAL CAMPAIGN THAT BRINGS TOGETHER AN UNPRECEDENTED COALITION OF REAL ECONOMY ACTORS AND 120 GOVERNMENTS COMMITTED TO ACHIEVE NET-ZERO EMISSIONS BY NO LATER THAN 2050.Expenses $1,316,004
- PAVILION AND EVENTSTHE BUSINESS PAVILION AND GLOBAL EVENTS PROGRAM BY THE WE MEAN BUSINESS COALITION PROVIDES A HIGH-IMPACT PLATFORM FOR COMPANIES AND PARTNERS TO SHOWCASE CLIMATE LEADERSHIP, SHARE SOLUTIONS, AND DRIVE COLLABORATION AT MAJOR INTERNATIONAL FORUMS SUCH AS COP AND CLIMATE WEEK NYC. THE PROGRAM HAS SUCCESSFULLY CONVENED THOUSANDS OF BUSINESS AND POLICY LEADERS, AMPLIFYING CORPORATE CLIMATE COMMITMENTS AND ACCELERATING MOMENTUM TOWARD A NET ZERO, RESILIENT GLOBAL ECONOMY.Expenses $1,060,875
- NET ZEROWMBC WORKS TO TO DRIVE BUSINESS MOBILIZATION BEHIND 1.5C AND NET ZERO AND MOVING FROM AMBITION TO ACTION. PROGRAMS TO DRIVE BUSINESS MOBILIZATION INCLUDE SBTI, THE CLIMATE PLEDGE, AND SME CLIMATE HUB.Expenses $1,040,352
- SYSTEMS TRANSFORMATIONTHE COALITION HAS CREATED SYSTEMS-BASED TRANSFORMATION TEAMS TO BRING PARTNER AND WMBC SECRETARIAT STAFF TOGETHER TO FOCUS ON TRANSFORMATION OF SPECIFIC MARKET SYSTEMS. THE PURPOSE OF THE TRANSFORMATION TEAM'S IS TO CO-CREATE AND CO-DELIVER ON OUR SHARED STRATEGY AND ACCELERATE RADICAL COLLABORATION THROUGHOUT THE WMB COALITION. THE TEAMS ARE IMPACT FOCUSED, LEVERAGING OUR EXISTING STRENGTHS TO CREATE AN ALIGNED ECOSYSTEM TO ACHIEVE BOLD SYSTEMS TRANSFORMATION. THROUGH THE TEAMS, WE SHARE IDEAS AND KNOWLEDGE, FOSTER GREATER CONNECTIVITY AND COLLABORATION, AND IDENTIFY AND ADVANCE ON SHARED PROGRAMMATIC WORK FOR GREATER IMPACT.BY COORDINATING WORK ON CORPORATE ENGAGEMENT, ACTION, POLICY AND COMMUNICATIONS WITHIN SYSTEMS, THE TEAMS SEEK TO ENHANCE THE COALITION'S ABILITY TO DEVELOP AND IMPLEMENT STRATEGIES THAT WILL ACHIEVE "NORTH STAR" GOALS FOR EACH SYSTEM.Expenses $857,796
- OTHER PROGRAMS: SCIENCE BASED TARGET INITIATIVES, POLICY, AND NATUREExpenses $1,630,712
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-4146520
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C60)
- Assets (IRS master file)
- $21,819,433
- Income (IRS master file)
- $15,214,542
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $15,214,542 | $18,605,856 | $21,819,433 | IRS |
| 990 | December 2023 | $19,836,990 | $19,265,381 | $25,264,513 | XML |
| 990 | December 2022 | $21,504,229 | $20,377,515 | $24,933,471 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-4146520).
Questions about WE MEAN BUSINESS COALITION INC
- What is the EIN of WE MEAN BUSINESS COALITION INC?
- The employer identification number (EIN) of WE MEAN BUSINESS COALITION INC is 85-4146520.
- Is WE MEAN BUSINESS COALITION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to WE MEAN BUSINESS COALITION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WE MEAN BUSINESS COALITION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WE MEAN BUSINESS COALITION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WE MEAN BUSINESS COALITION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WE MEAN BUSINESS COALITION INC?
- The 990 for the year ended December 31, 2024 names DR MARIA MENDILUCE.
- Who are the officers and directors of WE MEAN BUSINESS COALITION INC?
- The 990 for the year ended December 31, 2024 lists 24 people; 10 received compensation from the organization, the highest $497,497 (DR MARIA MENDILUCE, CEO).
- How much revenue does WE MEAN BUSINESS COALITION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $15,214,542, expenses of $18,605,856 and total assets of $21,819,433 at year end.
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