Nonprofit · EIN 90-0634376
C40 CITIES CLIMATE LEADERSHIP GROUP INC
Tax-exempt · NEW YORK, NY 10017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $73,614,205 | $69,615,007 | $3,999,198 | $43,927,306 | $4,394,511 | $39,532,795 |
| December 31, 2023 | 990 | $47,220,199 | $61,416,603 | -$14,196,404 | $38,571,730 | $4,917,133 | $33,654,597 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $73,214,367
- of which government grants
- $11,355,861
- Program service revenue
- $250,203
- Investment income
- $149,635
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $6,267,054
- Compensation of officers, directors and key employees
- $616,128
- Other salaries and wages
- $31,500,364
- Salaries, compensation and benefits (total)
- $38,292,373
- Professional fundraising fees
- $0
- Legal fees
- $178,534
- Accounting fees
- $434,291
- Occupancy
- $1,438,162
- Travel
- $4,976,625
- Depreciation
- $3,953
- Program services (functional)
- $56,058,573
- Management and general (functional)
- $13,408,622
- Fundraising (functional)
- $147,812
Balance sheet and other
- Total assets, start of year
- $38,571,730
- Total assets, end of year
- $43,927,306
- Total liabilities, end of year
- $4,394,511
- Net assets, end of year
- $39,532,795
- Land, buildings and equipment
- $3,477
- Net assets without donor restrictions
- $7,052,129
- Net assets with donor restrictions
- $32,480,666
- Gross receipts
- $73,614,205
- Employees
- 29
- Volunteers
- 10
- Year formed
- 2010
- 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 |
|---|---|---|---|---|
| Mark Watts | Executive Director Officer | 40 | $244,137 | $14,648 |
| Aditi Maheshwari | Managing Director of Climate Action Implementation Highest-paid employee | 40 | $207,110 | $27,392 |
| Kevin Austin | Deputy Executive Director Officer | 40 | $208,389 | $12,503 |
| Iyad Kheirbek | Programme Director, Air Quality Highest-paid employee | 40 | $165,503 | $52,640 |
| Zachary Tofias | Programme Director, Food and Waste Highest-paid employee | 40 | $143,521 | $53,334 |
| Laura Jay | Regional Director North America Highest-paid employee | 40 | $150,378 | $45,599 |
| Julia Ciardullo | Director, Multilevel Partnerships | C40 x GCoM Joint Program Highest-paid employee | 40 | $142,142 | $49,833 |
| Juliette Carter | MANAGING DIRECTOR OF CORP SERVICES Officer | 32 | $128,727 | $7,724 |
| ANTHA WILLIAMS | TREASURER AND DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 |
| BRUCE LINDSEY | SECRETARY AND DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 |
| MICHAEL R BLOOMBERG | PRESIDENT AND DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 |
| SHIRLEY RODRIGUES | VP AND DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 |
| CAROLINA URRUTIA | DIRECTOR (until 01/2024) Trustee or director | 0.1 | $0 | $0 |
| HONGPENG LEI | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| JENNIFER SEMAKULA MUSISI | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESPER NYGARD | DIRECTOR Trustee or director | 0.1 | $0 |
| MARIA VITTORIA BERIA | DIRECTOR Trustee or director | 0.1 | $0 |
| SRI HARYATI | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK WATTS | EXECUTIVE DIRECTOR Officer | 40 | $256,835 | $14,003 |
| IYAD KHEIRBEK | PROG DIR, AIR QUALITY IN CLIMATE SOLUTIONS & NETWO Highest-paid employee | 40 | $162,604 | $51,014 |
| KEVIN AUSTIN | DEPUTY EXCUTIVE DIRECTOR Officer | 40 | $198,698 | $11,922 |
| HASTINGS CHIKOKO | REGIONAL DIRECTOR OF AFRICA Highest-paid employee | 40 | $199,287 | $7,051 |
| LAURA JAY | REGIONAL DIRECTOR, NORTH AMERICA Highest-paid employee | 40 | $147,430 | $51,705 |
| ZACHERY TOFIAS | PROGRAMME DIRECTOR FOOD & WASTE Highest-paid employee | 40 | $139,950 | $51,739 |
| MILAG SAN JOSE-BALLESTEROS | REG DIR FOR EAST, SE ASIA & OCEANIA Highest-paid employee | 40 | $164,049 | $21,212 |
| JULIETTE CARTER | MANAGING DIRECTOR OF CORP SERVICES Officer | 32 | $122,104 | $7,326 |
| MICHAEL R BLOOMBERG | PRESIDENT AND DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 |
| ANTHA WILLIAMS | TREASURER AND DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 |
| JUSTIN JOHNSON | DIRECTOR (END 9/19/23) Trustee or director | 0.1 | $0 | $0 |
| JESPER NYGARD | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| BRUCE LINDSEY | SECRETARY AND DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 |
| SHIRLEY RODRIGUES | VP AND DIRECTOR Trustee or director, Officer | 0.1 | $0 | $0 |
| CAROLINA URRUTIA | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| JENNIFER SEMAKULA MUSISI | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| SRI HARYATI | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| MARIA VITTORIA BERIA | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| HONGPENG LEI | DIRECTOR (BEG. 9/19/2023) Trustee or director | 0.1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 120 PARK AVENUE FLOOR 23, NEW YORK, NY 10017-5577
- In care of
- % AMY RODWELL
- Principal officer (990 for 2024)
- MARK WATTS, 120 Park Avenue Floor 23, New York, NY 10017
- Signed the 990
- JULIETTE CARTER, MANAGING DIR, CORP SVCS.
- Phone
- (646) 324-9209
- Website
- WWW.C40.ORG
- Return prepared by
- KPMG LLP
Mission
C40 IS A GLOBAL NETWORK OF NEARLY 100 MAYORS OF THE WORLD'S LEADING CITIES THAT take action to address environmental and climate change issues. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
Program accomplishments
- In 2024, C40 cities implemented 73 additional climate actions, taking the total number of actions to 1200. This contributed to a reduction of 7.5% of C40's collective GHG emissions in 2024 compared to 2015. In 2024, approx 75% of C40 cities reduced their emissions faster than their national government. In 2024, CHAMP initiative, designed to build further collaboration between national and subnational governments reached 74 signatories representing 36% of global emissions. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.Expenses $56,058,573 · grants $6,267,054 · revenue $250,203
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
- 90-0634376
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C029)
- Assets (IRS master file)
- $43,927,306
- Income (IRS master file)
- $73,614,205
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $73,614,205 | $69,615,007 | $43,927,306 | XML |
| 990 | December 2023 | $47,220,199 | $61,416,603 | $38,571,730 | XML |
| 990 | December 2022 | $54,380,631 | $38,765,181 | $52,177,936 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 90-0634376).
Questions about C40 CITIES CLIMATE LEADERSHIP GROUP INC
- What is the EIN of C40 CITIES CLIMATE LEADERSHIP GROUP INC?
- The employer identification number (EIN) of C40 CITIES CLIMATE LEADERSHIP GROUP INC is 90-0634376.
- Is C40 CITIES CLIMATE LEADERSHIP GROUP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to C40 CITIES CLIMATE LEADERSHIP GROUP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does C40 CITIES CLIMATE LEADERSHIP GROUP 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 C40 CITIES CLIMATE LEADERSHIP GROUP 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 C40 CITIES CLIMATE LEADERSHIP GROUP 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 C40 CITIES CLIMATE LEADERSHIP GROUP INC?
- The 990 for the year ended December 31, 2024 names MARK WATTS.
- Who are the officers and directors of C40 CITIES CLIMATE LEADERSHIP GROUP INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 8 received compensation from the organization, the highest $244,137 (Mark Watts, Executive Director).
- How much revenue does C40 CITIES CLIMATE LEADERSHIP GROUP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $73,614,205, expenses of $69,615,007 and total assets of $43,927,306 at year end.
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