C40 CITIES CLIMATE LEADERSHIP GROUP INC Charity Report

Public IRS 990 nonprofit record

C40 CITIES CLIMATE LEADERSHIP GROUP INC

EIN 90-0634376 · Environment (C029)

What they do

C40 is A GLOBAL NETWORK of NEARLY 100 MAYORS of THE WORLDS LEADING CITIES THAT Take Action to Address Environmental and Climate Change Issues. SEE SCHEDULE O for ADDITIONAL INFORMATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

76.15%of revenue went to mission work80.5% of expenses · Program services

0.20%of revenue went to fundraising0.2% of expenses

$94.57spent for every $100 of revenueRevenue covered expenses this year.

18.21%of revenue went to management and office costs19.3% of expenses

$0.63in assets for every $1 spent this yearSome assets cannot be spent right away.

99.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $258,785 for MARK WATTS (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$73,614,205

Mission workProgram services$56,058,57376.15% of revenue80.5% of expenses

ManagementOffice and general costs$13,408,62218.21% of revenue19.3% of expenses

FundraisingAsking for donations$147,8120.20% of revenue0.2% of expenses

Revenue left after expensesReported annual surplus$3,999,1985.43% of revenueShown in gray on the chart

Total expenses$69,615,00794.57% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.5% mission · 19.3% management · 0.2% fundraisingTotal expenses: 94.57% of revenue

2023Expense mix: 75.2% mission · 24.5% management · 0.3% fundraisingTotal expenses: 130.06% of revenue

2022Expense mix: 64.5% mission · 34.9% management · 0.6% fundraisingTotal expenses: 71.28% of revenue

2021Expense mix: 82.8% mission · 16.9% management · 0.3% fundraisingTotal expenses: 75.23% of revenue

2020Expense mix: 83.7% mission · 15.9% management · 0.5% fundraisingTotal expenses: 94.42% of revenue

2019Expense mix: 82.4% mission · 16.9% management · 0.7% fundraisingTotal expenses: 94.06% of revenue

2018Expense mix: 80.6% mission · 18.7% management · 0.8% fundraisingTotal expenses: 86.73% of revenue

Money in and money out

Revenue$73,614,205

Expenses$69,615,007

Annual surplus $3,999,198 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$56,058,573 · 80.5% of expenses

Management and office costs$13,408,622 · 19.3% of expenses

Fundraising$147,812 · 0.2% of expenses

See all reported dollar amounts

Revenue$73,614,205

Expenses$69,615,007

Assets$43,927,306

Income$73,614,205

Contributions$73,214,367

Mission work (program services)$56,058,573

Fundraising$147,812

Grants given$1,837,818

Average grant$183,782

Management and general$13,408,622

Executive compensation (total)$576,805

Accounting fees$434,291

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARK WATTSEXECUTIVE DIRECTOR · 40 hrs/week $258,785Base $244,137 · Other $14,648

ADITI MAHESHWARIMANAGING DIRECTOR OF CLIMATE ACTION IMPLEMENTATION · 40 hrs/week $234,502Base $207,110 · Other $27,392

KEVIN AUSTINDEPUTY EXECUTIVE DIRECTOR · 40 hrs/week $220,892Base $208,389 · Other $12,503

IYAD KHEIRBEKPROGRAMME DIRECTOR, AIR QUALITY · 40 hrs/week $218,143Base $165,503 · Other $52,640

ZACHARY TOFIASPROGRAMME DIRECTOR, FOOD AND WASTE · 40 hrs/week $196,855Base $143,521 · Other $53,334

LAURA JAYREGIONAL DIRECTOR NORTH AMERICA · 40 hrs/week $195,977Base $150,378 · Other $45,599

JULIA CIARDULLODIRECTOR, MULTILEVEL PARTNERSHIPS | C40 X GCOM JOI · 40 hrs/week $191,975Base $142,142 · Other $49,833

JULIETTE CARTERMANAGING DIRECTOR OF CORP SERVICES · 32 hrs/week $136,451Base $128,727 · Other $7,724

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

MARK WATTSEXECUTIVE DIRECTOR

ADITI MAHESHWARIMANAGING DIRECTOR OF CLIMATE ACTION IMPLEMENTATION

KEVIN AUSTINDEPUTY EXECUTIVE DIRECTOR

IYAD KHEIRBEKPROGRAMME DIRECTOR, AIR QUALITY

ZACHARY TOFIASPROGRAMME DIRECTOR, FOOD AND WASTE

LAURA JAYREGIONAL DIRECTOR NORTH AMERICA

JULIA CIARDULLODIRECTOR, MULTILEVEL PARTNERSHIPS | C40 X GCOM JOI

JULIETTE CARTERMANAGING DIRECTOR OF CORP SERVICES

JESPER NYGARDDIRECTOR

JENNIFER SEMAKULA MUSISIDIRECTOR

HONGPENG LEIDIRECTOR

CAROLINA URRUTIADIRECTOR (UNTIL 01/2024)

MARIA VITTORIA BERIADIRECTOR

BRUCE LINDSEYSECRETARY AND DIRECTOR

MICHAEL R BLOOMBERGPRESIDENT AND DIRECTOR

SHIRLEY RODRIGUESVP AND DIRECTOR

SRI HARYATIDIRECTOR

ANTHA WILLIAMSTREASURER AND DIRECTOR

About this charity

Recognized since: January 2013
Location: 120 PARK AVENUE FLOOR 23, NEW YORK, NY 10017-5577
County: New York
In care of: % AMY RODWELL
Primary officer: JULIETTE CARTER, MANAGING DIR, CORP SVCS.

How to reach them

WebsiteVisit the charity’s website Emailmedia@c40.org Phone(646) 324-9209

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Environment (C029)
IRS tax category: Civic and Social Organizations
Grant-giving organization: Yes