2022-11-10T12:36:07-06:00 2021-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2021-01-01 352316710 REGIONAL GREENHOUSE GAS INITIATIVE INC REGI 2124177329 90 CHURCH STREET 4TH FLOOR NEW YORK NY 10007 BEN GRUMBLES CHAIR 2124177329 2022-10-07 1 BEN GRUMBLES 999009999 ALEXANDER LAZZARUOLO P01775353 2126617777 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z KATIE DYKES 90 CHURCH STREET 4TH FLOOR NEW YORK NY 10007 2159295 0 X WWW.RGGI.ORG X 2007 DE PROVIDES TECHNICAL AND SCIENTIFIC ADVISORY SERVICES TO STATES OF THE U.S. 20 20 8 20 0 0 0 0 1919427 2158838 1400 457 2434 0 1923261 2159295 0 0 0 0 757739 836159 0 0 0 1161688 1322679 1919427 2158838 3834 457 1547577 1119792 1494315 1066073 53262 53719 X SEE SCHEDULE O.THE EXCLUSIVE PURPOSE FOR WHICH THE CORPORATION IS FORMED IS TO PROVIDE TECHNICAL AND SCIENTIFIC ADVISORY SERVICES TO THE STATES OF THE UNITED STATES THAT ARE SIGNATORY STATES TO A MEMORANDUM OF UNDERSTANDING PROVIDING FOR THE DEVELOPMENT AND IMPLEMENTATION OF A MULTI-STATE CAP AND TRADE PROGRAM, KNOWN AS THE REGIONAL GREENHOUSE GAS INITIATIVE (OR ITS SUCCESSOR), TO REDUCE AIR POLLUTANTS THAT CONTRIBUTE TO CLIMATE CHANGE, AND TO PERFORM ANY OTHER CHARITABLE OR SCIENTIFIC FUNCTION RELATED TO THE REDUCTION OF GREENHOUSE GAS EMISSIONS OR THE INCREASE IN CARBON SEQUESTRATION ON BEHALF OF THE SIGNATORY STATES. 0 0 366478 366475 EMISSIONS ALLOWANCE TRACKING SYSTEM: MAINTAINED A DATABASE, USERS GUIDE, AND PUBLIC REPORTING CAPABILITY TO TRACK EMISSIONS AND ALLOWANCE TRANSFERS. THIS SYSTEM IS AVAILABLE AT WWW.RGGI.ORG 310000 310000 AUCTIONS: PROVIDED TECHNICAL SUPPORT TO STATES IN THE DEVELOPMENT AND EXECUTION OF AUCTION PLATFORMS FOR ALLOWANCES TO EMIT CARBON DIOXIDE. THIS RESULTED IN PUBLICATION OF AUCTION NOTICES AND MATERIALS. 265420 265420 MARKET MONITORING: DEVELOPED TECHNIQUES TO MONITOR MARKET ACTIVITY WHICH RESULTED IN QUARTERLY REPORTS OF MARKET ACTIVITY. 888639 1216943 TECHNICAL ANALYSIS & EVALUATION: AS CALLED FOR IN THE ORIGINAL RGGI MEMORANDUM OF UNDERSTANDING, THE PARTICIPATING STATES CONDUCTED A PROGRAM REVIEW OF THE CO2 BUDGET TRADING PROGRAMS. PROPOSED AMENDMENTS TO THE PROGRAM HAVE BEEN INCORPORATED IN AN UPDATED MODEL RULE (RELEASED ON FEBRUARY 7, 2013) THAT WILL GUIDE EACH STATE AS IT FOLLOWS ITS OWN STATUTORY AND/OR REGULATORY PROCEDURES TO PROPOSE UPDATES TO ITS CO2 BUDGET TRADING PROGRAM. A RIGOROUS AND COMPREHENSIVE EVALUATION OF THE REGIONAL GREENHOUSE GAS INITIATIVE, SUPPORTED BY AN EXTENSIVE REGIONAL STAKEHOLDER PROCESS THAT ENGAGED THE REGULATED COMMUNITY, ENVIRONMENTAL NONPROFITS, CONSUMER AND INDUSTRY ADVOCATES, AND OTHER INTERESTED STAKEHOLDERS. EXPENSES INCLUDE TECHNICAL ANALYSIS TO SUPPORT PROGRAM REVIEW AND EVALUATION. 888639 1216943 1830537 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY DE X X DAVID TERRIO 2129012500 BTQ FINANCIAL 115 BROADWAY 19TH FL NEW YORK NY 10006 MARTIN SUUBERG DIRECTOR & CHAIR (UNTIL 12/3/21) 5.00 X X 0 0 0 KATIE DYKES DIRECTOR & CHAIR (AS OF 12/3/21) 5.00 X X 0 0 0 BEN GRUMBLES DIRECTOR & VICE CHAIR 5.00 X X 0 0 0 JARED SNYDER DIRECTOR & TREASURER 5.00 X X 0 0 0 PHILIP L BARTLETT II DIRECTOR & SECRETARY 5.00 X X 0 0 0 JEHMAL HUDSON DIRECTOR & MEMBER AT LARGE 5.00 X X 0 0 0 JOSEPH L FIORDALISO DIRECTOR & MEMBER AT LARGE 5.00 X X 0 0 0 MARISSA GILLETT DIRECTOR 5.00 X 0 0 0 SHAWN GARVIN DIRECTOR 5.00 X 0 0 0 DALLAS WINSLOW DIRECTOR 5.00 X 0 0 0 MELANIE LOYZIM DIRECTOR 5.00 X 0 0 0 JASON M STANEK DIRECTOR 5.00 X 0 0 0 PATRICK WOODCOCK DIRECTOR 5.00 X 0 0 0 ROBERT R SCOTT DIRECTOR 5.00 X 0 0 0 SHAWN LATOURETTE DIRECTOR 5.00 X 0 0 0 RORY M CHRISTIAN DIRECTOR 5.00 X 0 0 0 NICHOLAS S UCCI DIRECTOR 5.00 X 0 0 0 RILEY ALLEN DIRECTOR 5.00 X 0 0 0 DAVID PAYLOR DIRECTOR 5.00 X 0 0 0 PETER WALKE DIRECTOR 5.00 X 0 0 0 ANDREW MCKEON EXECUTIVE DIRECTOR 40.00 X 186269 0 45321 186269 0 45321 1 0 1 0 SRA INTERNATIONAL INC 4300 FAIR LAKES COURT FAIRFAX VA 22033 ALLOWANCE TRACKING 320064 WORLD ENERGY SOLUTIONS INC 100 FRONT STREET WORCESTER MA 01608 AUCTION SERVICES 310000 POTOMAC ECONOMICS LTD 9900 FAIRFAX BLVD SUITE 560 FAIRFAX VA 22030 MARKET MONITORING 300100 3 STATE REVENUE 541900 2158838 2158838 2158838 457 457 2159295 2158838 0 457 231590 180553 51037 447919 349369 98550 44343 34506 9837 66337 51621 14716 45970 35772 10198 2252 1828 424 84000 84000 27600 27600 40313 32867 7446 685 549 136 56243 45239 11004 1266 1019 247 17972 13653 4319 4647 4647 13264 10766 2498 EMISSIONS ALLOWANCE 366475 366475 AUCTIONS 310000 310000 MARKET MONITORING 265420 265420 TECH. ANALYSIS & EVAL. 126470 126470 6072 4430 1642 2158838 1830537 328301 0 196909 225197 1321671 848918 3405 19644 33184 39313 26820 5948 12493 1547577 1119792 253044 404137 1201906 657259 39365 4677 1494315 1066073 X 53262 53719 53262 53719 1547577 1119792 457 0 X 0 1 X 1 0 X 2169494 1846628 1723634 1919427 2158838 9818021 2169494 1846628 1723634 1919427 2158838 9818021 0 0 0 9818021 823 1280 1542 1400 457 5502 823 1280 1542 1400 457 5502 1196 2434 3630 2170317 1847908 1726372 1923261 2159295 9827153 0.99910 0.99900 0.00060 0.00060 X 39313 26820 12493 12493 DEFERRED RENT 4677 4677 2159295 0 2159295 0 2159295 2158838 0 2158838 0 2158838 X X X 0 0 0 0 0 0 0 0 0 ANDREW MCKEON EXECUTIVE DIRECTOR 186269 0 0 0 0 0 17434 0 27887 0 231590 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE BOARD SHALL CONSIST OF TWO DIRECTORS FROM EACH SIGNATORY STATE, AS FOLLOWS: (1) THE CHAIR, OR THE COMMISSIONER DESIGNATED BY THE CHAIR, OF THE SIGNATORY STATE'S ENERGY REGULATORY AGENCY; (2) THE CHIEF EXECUTIVE OF THE SIGNATORY STATE'S ENVIRONMENTAL REGULATORY AGENCY OR DEPARTMENT; OR (3) IN THE EVENT THAT THE GOVERNOR OF A SIGNATORY STATE DETERMINES THAT A STATE OFFICIAL OTHER THAN THE AFOREMENTIONED IS THE APPROPRIATE REPRESENTATIVE TO ACT AS A DIRECTOR, THE GOVERNOR OF THAT SIGNATORY STATE SHALL SO NOTIFY THE CHAIR OF THE CORPORATION IN WRITING AND SUCH OTHER OFFICIAL SHALL BE A DIRECTOR FROM THAT SIGNATORY STATE. EACH OF THE AFOREMENTIONED OFFICERS SHALL SERVE AS AN EX OFFICIO DIRECTOR OF THE CORPORATION. EACH SUCH EX OFFICIO DIRECTOR SHALL PROVIDE WRITTEN NOTICE TO THE CHAIR OF HIS OR HER ACCEPTANCE OF THE POSITION OF DIRECTOR OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS THAT THE CORPORATION USES TO REVIEW THE FORM 990 IS AS FOLLOWS: 1-COPY OF THE FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE; 2-COPY OF THE FORM 990 IS DISTRIBUTED TO THE EXECUTIVE COMMITTEE VIA EMAIL; AND 3-COPY OF THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS VIA EMAIL. ANY COMMENTS RECEIVED FROM THESE PROCESSES ARE CONSIDERED, AFTER DUE TIME FOR RESPONSES TO BE RECEIVED. THE AUDIT COMMITTEE HAS FINAL AUTHORITY OVER THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE IS UPDATED ANNUALLY. IN ADDITION, ALL NEWLY APPOINTED DIRECTORS MUST COMPLETE A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY AMOUNTS WERE REVIEWED BY THE BOARD OF DIRECTORS IN THE COURSE OF THEIR REVIEW OF THE BUDGET. THAT DETERMINATION WAS SUPPORTED BY A REVIEW OF DATA FROM THE NONPROFIT COORDINATING COMMITTEE OF NEW YORK AND BOARD MEMBERS KNOWLEDGE OF OTHER COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE CORPORATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AUDITED FINANCIAL STATEMENTS AND MINUTES OF MEETINGS OF THE BOARD OF DIRECTORS AVAILABLE TO THE PUBLIC THROUGH THE CORPORATION'S WEBSITE.