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Verra

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270566795 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Verra?

Verra is a Washington, D.C.-based nonprofit organization with a workforce of 72 individuals. They specialize in certifying greenhouse gas (GHG) emission reduction projects, adhering to a stringent set of rules and requirements for environmental integrity. Verra's mission extends beyond this, as they develop and manage standards to help various sectors, including countries, the private sector, and civil society, achieve their sustainable development and climate action goals. Their headquarters are located at One Thomas Circle NW 1050, Washington, DC 20005.


Official website here: www.verra.org/

Is Verra legitimate?

Verra is a legitimate nonprofit organization registered as a 501(c)(3) entity. Verra submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,563,025
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,086,965

For more financial information, click here


Official website here: www.verra.org/

What is the mission statement of Verra?

Verra is an organization dedicated to helping various entities, including countries, private sectors, and civil society, reach their sustainable development and climate action goals. To accomplish this mission, Verra develops and manages rigorous standards that ensure the environmental integrity of projects aimed at reducing greenhouse gas emissions. One of Verra's programs, the VCS Program, certifies emission reduction projects based on these stringent rules and requirements. By providing this service, Verra contributes significantly to the global effort to mitigate climate change and promote sustainable development.


Official website here: www.verra.org/

Who is the CEO of Verra?

Judith Simon is the Principal Officer of Verra. The CEO's salary of Verra is $376,365 and their total compensation is $428,965.


Official website here: www.verra.org/

What is the revenue of Verra?

Verra's revenue in 2022 was $32,424,242.


Official website here: www.verra.org/

Who are the executives of Verra and what are their salaries?

The average compensation at Verra during 2022 was $147,917. There are 72 employees at Verra.

Here are 20 key members and their salaries (Verra's CEO's salary is $376,365 and their total compensation is $428,965):

    David Antonioli (Chief Executive Officer)
  • Compensation: $376,365
  • Related: $0
  • Other: $52,600

    • Toby Janson-Smith (Chief Innovation Officer)
  • Compensation: $271,841
  • Related: $0
  • Other: $48,903

    • William Ferretti (Chief Operating & Financial Officer)
  • Compensation: $270,735
  • Related: $0
  • Other: $41,544

    • Robin Rix (Chief Legal Officer)
  • Compensation: $235,913
  • Related: $0
  • Other: $17,201

    • Jerry Seager (Acting Chief Program Officer)
  • Compensation: $226,837
  • Related: $0
  • Other: $21,086

    • Benktesh Sharma (Sr Director, Technology Solutions)
  • Compensation: $191,959
  • Related: $0
  • Other: $31,963

    • Julianne J Baroody (Sr Dir, Forest Carbon Innovation)
  • Compensation: $188,415
  • Related: $0
  • Other: $24,544

    • Cheryl Masella (Director Of Finance)
  • Compensation: $156,305
  • Related: $0
  • Other: $36,209

    • Breffni J Lynch (Director Of The Verra Registry)
  • Compensation: $137,968
  • Related: $0
  • Other: $31,232

    • Sinclair T Vincent (Dir Of Sustainable Dev Innovation)
  • Compensation: $137,994
  • Related: $0
  • Other: $14,087

    • Tao Yun (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne-Marie Warris (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Stuart (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dirk Forrister (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Kenber (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Markowitz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Newcombe (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Garcia Guerrero (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Cannon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelley Kizzier (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.verra.org/

    Where can I find the form 990 for Verra?

    The Verra’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.verra.org/

    Learn more at the official website: www.verra.org/

    Mission Statement of Verra

    Verra, a pioneering organization, is dedicated to advancing sustainable development and climate action globally. By creating and administering stringent standards, Verra empowers countries, businesses, and communities to reach their sustainability targets.

    At the heart of Verra's mission lies the development and management of standards that foster sustainable progress. These standards enable countries, the private sector, and civil society to make significant strides towards their environmental and climate objectives. Through rigorous certification processes, Verra ensures the integrity and credibility of these initiatives.

    One of Verra's primary programs is the VCS Program, which plays a crucial role in this mission. The VCS Program meticulously certifies greenhouse gas (GHG) emission reduction projects, adhering to a robust set of rules and requirements. By doing so, the VCS Program guarantees that these projects contribute genuinely to the global efforts to mitigate climate change. This meticulous certification process offers transparency, reliability, and trustworthiness to investors, governments, and the public. Verra's mission continues to inspire and facilitate sustainable development and climate action, ensuring a greener, more resilient future for all.

    Impact

    This information is meant to be a general summary of Verra. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Verra's impact lies in its development and management of standards that facilitate countries, the private sector, and civil society in reaching their sustainable development and climate action objectives. Notably, the VCS Program, a certification program within Verra, plays a crucial role in certifying greenhouse gas emission reduction projects based on stringent guidelines to uphold the environmental integrity of these initiatives. Through its work, Verra contributes significantly to advancing sustainable development and climate action worldwide.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $490,350
  • Program Service Revenue: $31,441,144
  • Gross Receipts: $32,424,636

    • Assets and Liabilities:
  • Total Assets: $57,769,889
  • Total Liabilities: $5,102,408
  • Net Assets: $52,667,481
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    VCS, CCB, and SDVista levies

    Revenue

    $27,655,005

    Project registration fees

    Revenue

    $3,023,519

    Ver., Val., & Acct. opening fees

    Revenue

    $661,000

    VVB annual fees

    Revenue

    $75,000

    Other program income

    Revenue

    $26,620

    Organization Details

    Founding Year

    2009

    Principal Officer

    Judith Simon

    Main Address

    One Thomas Circle NW 1050, Washington, DC, 200055817

    NTEE Category

    Code: C20 - Environment

    If you are a representative of Verra and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.