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Blue Forest Finance Inc

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

EIN: 831666979 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

Overview

What is Blue Forest Finance Inc?

Blue Forest Finance Inc is a nonprofit organization based in Sacramento, California, with 29 employees. Their mission revolves around climate-resilient environmental interventions, particularly through consulting and financial strategies. They specialize in developing, designing, and implementing innovative finance models, such as the Forest Resilience Bond and strategies under Blue Forest Asset Management. These models facilitate ecosystem restoration and management, primarily aimed at reducing or mitigating extreme catastrophic wildfires and supporting the ecological management of natural resources. By collaborating with utilities, private companies, investors, and government entities at various levels, they develop and invest in conservation finance projects, companies, and initiatives that accelerate the pace and scale of restoration work.


Official website here: www.blueforest.org

Is Blue Forest Finance Inc legitimate?

Blue Forest Finance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Forest Finance Inc 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: $679,679
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,453,305

For more financial information, click here


Official website here: www.blueforest.org

What is the mission statement of Blue Forest Finance Inc?

Blue Forest Finance Inc's mission is centered around supporting climate-resilient environmental interventions. This mission is executed through consulting and financial strategies. The company focuses on developing innovative finance models, such as the Forest Resilience Bond and the strategies under Blue Forest Asset Management, to facilitate ecosystem restoration and management, specifically in the interest of reducing or mitigating extreme catastrophic wildfires and supporting the ecological management of natural resources. They collaborate with utilities, private companies, investors, and government entities at various levels to develop and invest in conservation finance projects, companies, and initiatives that accelerate the pace and scale of restoration work.


Official website here: www.blueforest.org

Who is the CEO of Blue Forest Finance Inc?

Zachary Knight is the Chief Scientist of Blue Forest Finance Inc. The CEO's salary of Blue Forest Finance Inc is $157,965 and their total compensation is $188,986.


Official website here: www.blueforest.org

What is the revenue of Blue Forest Finance Inc?

Blue Forest Finance Inc's revenue in 2022 was $5,334,916.


Official website here: www.blueforest.org

Who are the executives of Blue Forest Finance Inc and what are their salaries?

The average compensation at Blue Forest Finance Inc during 2022 was $73,551. There are 29 employees and 5 volunteers at Blue Forest Finance Inc.

Here are 11 key members and their salaries (Blue Forest Finance Inc's CEO's salary is $157,965 and their total compensation is $188,986):

    Zachary Knight (Ceo & President) [Trustee/Director]
  • Compensation: $157,965
  • Related: $0
  • Other: $31,021

    • Philip Saksa (Chief Scientist)
  • Compensation: $168,700
  • Related: $0
  • Other: $19,269

    • Nicholas Wobbrock (Coo & Secretary) [Trustee/Director]
  • Compensation: $162,684
  • Related: $0
  • Other: $19,815

    • Mackenzie Cloyes (Chief Of Staff)
  • Compensation: $125,983
  • Related: $0
  • Other: $16,974

    • Jeanette Davidson (Mng Dir., Project Development)
  • Compensation: $112,034
  • Related: $0
  • Other: $19,225

    • Gordon Vermeer (Cfo & Treasurer)
  • Compensation: $102,626
  • Related: $0
  • Other: $17,599

    • Chad Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Newsha K Ajami (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricardo Bayon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheri Elliott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniela Saltzman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.blueforest.org

    Where can I find the form 990 for Blue Forest Finance Inc?

    The Blue Forest Finance Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.blueforest.org

    Learn more at the official website: www.blueforest.org

    Mission Statement of Blue Forest Finance Inc

    Blue Forest Finance Inc, a prominent organization, is dedicated to supporting climate-resilient environmental interventions. Their mission is multifaceted, encompassing consulting and financial strategies. The company's primary focus lies in the development, design, and deployment of innovative finance models, such as the Forest Resilience Bond and the strategies under Blue Forest Asset Management. These models facilitate ecosystem restoration and management, specifically aimed at reducing or mitigating extreme catastrophic wildfire and supporting the ecological management of natural resources.

    Blue Forest Finance Inc brings together utilities, private companies, investors, and government entities at the federal, state, and local levels to develop and invest in conservation finance projects, companies, and initiatives. These collaborative efforts aim to accelerate the pace and scale of restoration work, contributing significantly to the preservation and protection of our environment. The organization's work is instrumental in fostering a more resilient and sustainable ecosystem, ensuring a safer future for all.

    Impact

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




    Tuesday, June 18, 2024

    Blue Forest Finance Inc's impact lies in leading and facilitating conservation finance projects that accelerate the pace and scale of ecosystem restoration and management efforts, specifically aimed at reducing or mitigating extreme catastrophic wildfires and supporting the ecological management of natural resources. By bringing together utilities, private companies, investors, and government entities at various levels, they are working towards implementing innovative finance models such as the Forest Resilience Bond and strategies under Blue Forest Asset Management. Through their work in conservation finance, Blue Forest Finance Inc is actively contributing to the promotion of climate-resilient environmental interventions and the sustainable utilization of natural resources.





    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: $30,474
  • Program Service Revenue: $980,500
  • Gross Receipts: $6,665,687

    • Assets and Liabilities:
  • Total Assets: $13,996,241
  • Total Liabilities: $10,711,926
  • Net Assets: $3,284,315
  • Programs

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

    PROJECT INCOME

    Revenue

    $980,000

    SPEAKER FEES & HONORARIUM

    Revenue

    $500

    Organization Details

    Founding Year

    2018

    Principal Officer

    Zachary Knight

    Main Address

    5960 S LAND PARK DR 1264, SACRAMENTO, CA, 95822

    NTEE Category

    Code: C30 - Environment

    If you are a representative of Blue Forest Finance Inc 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.