2025-10-03T10:20:47-05:00 2024-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2024-01-01 352316710 REGIONAL GREENHOUSE GAS INITIATIVE INC REGI 2124177329 90 CHURCH STREET 4TH FLOOR NEW YORK NY 10007 BEN GRUMBLES CHAIR 2124177329 2025-09-04 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2024 2025-03-06 01:10:19Z KATIE DYKES 90 CHURCH STREET 4TH FLOOR NEW YORK NY 10007 2856754 0 X WWW.RGGI.ORG X 2007 DE PROVIDES TECHNICAL AND SCIENTIFIC ADVISORY SERVICES TO STATES OF THE U.S. 22 22 6 22 0 0 0 0 2408343 2848154 8114 8600 0 0 2416457 2856754 0 0 0 0 899204 994022 0 0 0 1509139 1854132 2408343 2848154 8114 8600 2123831 2356989 2060581 2285139 63250 71850 X SEE SCHEDULE O 0 0 626325 626325 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. 356818 356818 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. 1175721 1555011 MARKET MONITORING ($290,580): DEVELOPED TECHNIQUES TO MONITOR MARKET ACTIVITY WHICH RESULTED IN QUARTERLY REPORTS OF MARKET ACTIVITY.OTHER DIRECT EXPENSE INCLUDING PERSONNEL AND OTPS ($885,141). 1175721 1555011 2468864 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X BTQ FINANCIAL 2129012500 115 BROADWAY 19TH FL NEW YORK NY 10006 KATIE DYKES BOARD CHAIR 5.00 X X 0 0 0 SERENA MCILWAIN VICE CHAIR 5.00 X X 0 0 0 JON BINDER SECRETARY 5.00 X X 0 0 0 PHILIP BARTLETT TREASURER 5.00 X X 0 0 0 MARISSA GILLETT BOARD MEMBER 5.00 X 0 0 0 SHAWN GARVIN BOARD MEMBER 5.00 X 0 0 0 DALLAS WINSLOW BOARD MEMBER 5.00 X 0 0 0 MELANIE LOYZIM BOARD MEMBER 5.00 X 0 0 0 FREDERICK HOOVER BOARD MEMBER 5.00 X 0 0 0 BONNIE HEIPLE BOARD MEMBER 5.00 X 0 0 0 ROBERT SCOTT BOARD MEMBER 5.00 X 0 0 0 JARED CHICOINE BOARD MEMBER 5.00 X 0 0 0 SHAWN LATOURETTE BOARD MEMBER 5.00 X 0 0 0 CHRISTINE GUHL-SADOVY BOARD MEMBER 5.00 X 0 0 0 RORY CHRISTIAN BOARD MEMBER 5.00 X 0 0 0 CHRISTOPHER KEARNS BOARD MEMBER 5.00 X 0 0 0 MEGAN O'TOOLE BOARD MEMBER 5.00 X 0 0 0 RILEY ALLEN BOARD MEMBER 5.00 X 0 0 0 MICHAEL ROLBAND BOARD MEMBER 5.00 X 0 0 0 JEHMAL HUDSON BOARD MEMBER 5.00 X 0 0 0 ELIZABETH MAHONY EXECUTIVE COMMITTEE MEMBER AT LARGE 5.00 X 0 0 0 TERRY GRAY EXECUTIVE COMMITTEE MEMBER AT LARGE 5.00 X 0 0 0 ANDREW MCKEON EXECUTIVE DIRECTOR 40.00 X 236860 0 49747 PETER J RENNEE BUSINESS MANAGER 40.00 X 115350 0 26427 352210 0 76174 2 0 1 0 ICF RESOURCES 9300 LEE HIGHWAY FAIRFAX VA 22031 TECHNICAL ANALYSIS AND EVALUATION 626325 SYSTEMS RESEARCH AND APPLICATIONS INC 4300 FAIR LAKES COURT FAIRFAX VA 22033 ALLOWANCE TRACKING 356818 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/CONSULTING 288480 4 STATE REVENUE 541900 2848154 2848154 2848154 8600 8600 2856754 2848154 0 8600 286607 223554 63053 507177 395598 111579 52304 40797 11507 95471 74467 21004 52463 40921 11542 2951 2361 590 91788 91788 28400 28400 10900 8351 2549 22800 18240 4560 68712 54970 13742 4941 4941 7592 5683 1909 2187 2187 14686 11749 2937 TECH. ANALYSIS & EVAL. 626325 626325 EMISSIONS ALLOWANCE 356818 356818 AUCTIONS 310000 310000 MARKET MONITORING 290580 290580 15452 8450 7002 2848154 2468864 379290 0 339228 606109 1535579 1544182 3112 3112 38695 46274 39313 39313 2187 0 205030 157312 2123831 2356989 183281 533990 1625374 1548382 251926 202767 2060581 2285139 X 63250 71850 63250 71850 2123831 2356989 8600 0 X 0 1 X 1 0 X 1919427 2158838 2096117 2408343 2848154 11430879 1919427 2158838 2096117 2408343 2848154 11430879 0 0 0 11430879 1400 457 1417 8114 8600 19988 1400 457 1417 8114 8600 19988 2434 2434 1923261 2159295 2097534 2416457 2856754 11453301 0.99800 0.99840 0.00170 0.00130 X 39313 39313 0 0 RIGHT OF USE ASSET - OPERATING LEASE 157312 157312 OPERATING LEASE PAYABLE 202767 202767 2856754 0 2856754 0 2856754 2848154 0 2848154 0 2848154 X X 0 0 0 0 0 0 0 0 0 ANDREW MCKEON EXECUTIVE DIRECTOR 236860 0 0 0 0 0 23686 0 26061 0 286607 0 0 0 FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: 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. FORM 990, PART VI, SECTION B, LINE 11B AUDIT COMMITTEE RECEIVES DRAFT FORM 990 IN ADVANCE FOR REVIEW. AUDITORS PRESENT DRAFT FORM 990 TO AUDIT COMMITTEE. AUDIT COMMITTEE APPROVES DRAFT FORM 990. THE EXECUTIVE COMMITTEE RECEIVES DRAFT FORM 990 IN ADVANCE FOR REVIEW. THE TREASURER REVIEWS DRAFT FORM 990 WITH THE EXECUTIVE COMMITTEE. EXECUTIVE COMMITTEE APPROVES DRAFT 990. THE BOARD RECEIVES DRAFT FORM 990 IN ADVANCE FOR REVIEW. EXECUTIVE DIRECTOR REVIEWS DRAFT FORM 990 WITH BOARD. BOARD APPROVES DRAFT FORM 990. 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.