EIN 27-0566795

Verra (VCS)

IRS 501(c) type
501(c)(3)
Num. employees
72
Year formed
2009
Most recent tax filings
2022-12-01
Description
VCS is committed to helping reduce emissions, improve livelihoods and protect natural resources across the private and public sectors. We support climate action and sustainable development with standards, tools and programs that credibly, transparently and robustly assess environmental and social impacts and enable funding for sustaining and scaling up these benefits. We work in any arena where we see a need for clear standards, a role for market-based mechanisms and an opportunity to achieve environmental and social good.
Also known as...
Verified Carbon Standard Association; Voluntary Carbon Standard
Total revenues
$32,424,242
2022
Total expenses
$26,257,089
2022
Total assets
$57,769,889
2022
Num. employees
72
2022

Program areas at VCS

VCS Program: The VCS Program certifies GHG emission reduction projects according to a rigorous set of rules and requirements that ensure the environmental integrity of those projects.
Plastics Waste Reduction Program: The Plastic Waste Reduction Program (Plastic Program) provides the means for consistent accounting, independent auditing and crediting of new or scaled-up waste collection and recycling projects.
Innovations: Developing new methodologies, tools, program updates and other innovations to enable the VCS and other Verra programs meet emerging needs and opportunities.
Landscale Standard: LandScale (LS) is a collaborative initiative led by the Climate, Community and Biodiversity Alliance, the Rainforest Alliance and Verra. It will provide measurable indicators of the state and trajectory of sustainability at the landscape level across environmental, social, and economic dimensions.
CCB Program: The Climate Community and Biodiversity (CCB) Standards program certifies projects that simultaneously address climate change, support local communities and smallholders, and conserve biodiversity. The CCB Standards are often used in conjunction with VCS Program-certified land management projects, including reforestation, afforestation, vegetation, forest restoration, agroforestry and sustainable agriculture projects.
SDVISta Program: The Sustainable Development Verified Impact Standard (SD VISta) is a framework for assessing and reporting on the sustainable development benefits of project-based activities, helping unlock new sources of finance to support and scale up high-impact efforts.
3RI Initiative: Verra, BVRio, Danone, Veolia, Nestle, Tetra Pak, Conservation International, South Pole, Natural Capital Partners and SYSTEMIQ established the 3R Initiative to catalyze the responsible design, use and recovery of plastic materials and to support companies in directly reducing their plastic waste footprints and mitigating potential leakage into the environment.
California Offset Project Registry Program: The VCS-California Offset Project Registry (OPR) supports the State of California's emissions trading program. The OPR facilitates the listing, reporting, and verification of offset projects developed under the regulations of the State's emissions trading program.

Grants made by VCS

GranteeGrant descriptionAmount
Rainforest AllianceDevelop Pilots in the Landscale Project$84,066

Who funds Verra (VCS)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Rainforest AllianceLogistic$168,177
World Resources Institute (WRI)Support Envir and Socially Equitable Decisions$65,190
Flora L Thornton FoundationGeneral Support$15,000

Personnel at VCS

NameTitleCompensation
David AntonioliChief Executive Officer$376,365
William M FerrettiChief Operating Officer and Chief Financial Officer$270,735
Toby Janson-SmithChief Innovation Officer$271,841
Jerry SeagerActing Chief Program Officer$226,837
Robin RixChief Legal Officer$235,913
...and 9 more key personnel

Financials for VCS

RevenuesFYE 12/2022
Total grants, contributions, etc.$492,748
Program services$31,441,144
Investment income and dividends$490,364
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-14
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$32,424,242

Form 990s for VCS

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-02990View PDF
2021-122022-09-28990View PDF
2020-122021-09-16990View PDF
2019-122020-11-05990View PDF
2018-122019-09-26990View PDF
...and 5 more Form 990s

Organizations like VCS

OrganizationLocationRevenue
MultiplierSan Francisco, CA$56,443,318
International Council on Clean Transportation (ICCT)Washington, DC$17,046,356
Clean Air Task Force (CATF)Boston, MA$51,134,505
StandearthSan Francisco, CA$13,774,015
Groundwork USAYonkers, NY$9,542,277
Pure EarthNew York, NY$9,646,852
New England Interstate Water Pollution Control CommissionLowell, MA$17,744,035
Southern Oklahoma Regional DisposalArdmore, OK$9,304,350
Environment NextEast Aurora, NY$28,831,424
CDP North America (CDP)New York, NY$27,245,305
Data update history
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 29, 2023
Updated personnel
Identified 1 new personnel
November 26, 2023
Used new vendors
Identified 2 new vendors, including , and
October 25, 2023
Received grants
Identified 4 new grant, including a grant for $337,643 from Rainforest Alliance
August 8, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsCharities
Issues
PollutionEnvironment
Characteristics
Political advocacyLobbyingOperates internationallyTax deductible donations
General information
Address
1 Thomas Cir NW 1050
Washington, DC 20005
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
Website URL
verra.org/ 
Phone
(202) 480-2282
IRS details
EIN
27-0566795
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C20: Pollution Abatement and Control Services
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
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