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Nonprofit · EIN 45-2384297

AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC

Tax-exempt · WASHINGTON, DC 20001

Financials

$2.6M$1.7M2022$1.4M$2.5M2023$3.8M$4.5M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,761,751$4,460,879-$699,128$1,467,560$1,094,887$372,673
December 31, 2023990 (amended)$1,449,514$2,492,122-$1,042,608$1,703,930$842,298$861,632
December 31, 2022990 (amended)$2,606,151$1,737,440$868,711$2,370,035$476,846$1,893,189
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,727,768
of which government grants
$2,384,378
Program service revenue
$14,380
Investment income
$3,978
Other revenue
$15,625

Expenses

Grants and similar amounts paid
$1,699,842
Compensation of officers, directors and key employees
$171,814
Other salaries and wages
$700,507
Salaries, compensation and benefits (total)
$1,050,199
Professional fundraising fees
$0
Legal fees
$1,439
Accounting fees
$230,337
Travel
$32,128
Depreciation
$1,581
Program services (functional)
$3,280,770
Management and general (functional)
$1,143,433
Fundraising (functional)
$36,676

Balance sheet and other

Total assets, start of year
$1,703,930
Total assets, end of year
$1,467,560
Total liabilities, end of year
$1,094,887
Net assets, end of year
$372,673
Land, buildings and equipment
$2,083
Net assets without donor restrictions
-$572,574
Net assets with donor restrictions
$945,247
Gross receipts
$3,761,751
Employees
15
Volunteers
11
Year formed
2012
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
David LevinePresident
Officer
40$150,000$21,814
Pat HeffernanChair
Trustee or director, Officer
2$0$0
Susan InglesVice Chair
Trustee or director, Officer
1$0$0
Steven SalsbergTreasurer
Trustee or director, Officer
1$0$0
Sandra McCardellSecretary
Trustee or director, Officer
1$0$0
Juan VerdeDirector
Trustee or director
1$0$0
Sandra McCardellDirector
Trustee or director
1$0$0
Kyle DattaDirector
Trustee or director
1$0$0
Kevin ChristensenDirector
Trustee or director
1$0$0
Eryn BantonDirector
Trustee or director
1$0$0
Michael ShumanDirector
Trustee or director
1$0$0
Frank KnappDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
DAVID LEVINEPresident
Trustee or director
40$110,477$21,600
Isaac GravesDirector
Trustee or director
0$0$0
MARYANNE HOWLANDDirector
Trustee or director
2$0$0
MITCH ROFSKYTreasurer
Trustee or director, Officer
5$0$0
JEFFREY HOLLENDERCEO
Trustee or director
20$0$0
HEATHER MASONDirector
Trustee or director
2$0$0
Rose YeeDirector
Trustee or director
2$0$0
APRIL DESIMONEDirector
Trustee or director
2$0$0
Anne RobertsonDirector
Trustee or director
2$0$0
Michael PirronDirector
Trustee or director
0$0$0
Praful ShahDirector
Trustee or director
0$0$0
Anasa TroutmanDirector
Trustee or director
0$0$0
DENISE BOWYERDirector
Trustee or director
2$0$0
Valerie Red-Horse MohlChairman
Trustee or director
5$0$0
Seungah JeongChairman
Trustee or director
5$0$0
MICHAEL PECKSecretary
Officer
5$0$0
DEREK PEEBLESDIRECTOR2$0$0
990 for the year ended December 31, 2022: 17 people
NameTitleHours / weekCompensation
Isaac GravesDirector
Trustee or director
0$140,577
DAVID LEVINEPresident
Trustee or director
40$124,820
JEFFREY HOLLENDERCEO
Trustee or director
20$53,750
DEREK PEEBLESDIRECTOR2$12,693
MARYANNE HOWLANDDirector
Trustee or director
2$0
MITCH ROFSKYTreasurer
Trustee or director, Officer
5$0
HEATHER MASONDirector
Trustee or director
2$0
Rose YeeDirector
Trustee or director
2$0
APRIL DESIMONEDirector
Trustee or director
2$0
Anne RobertsonDirector
Trustee or director
2$0
Michael PirronDirector
Trustee or director
0$0
Praful ShahDirector
Trustee or director
0$0
Anasa TroutmanDirector
Trustee or director
0$0
DENISE BOWYERDirector
Trustee or director
2$0
Valerie Red-Horse MohlChairman
Trustee or director
5$0
Seungah JeongChairman
Trustee or director
5$0
MICHAEL PECKSecretary
Officer
5$0

Address and contacts

Address (IRS master file)
1001 G STREET NW SUITE 400 EAST, WASHINGTON, DC 20001-4559
Principal officer (990 for 2024)
David Levine, 1401 New York Avenue NW 1225, Washington, DC 20005
Signed the 990
Camilla Taylor, Executive Director
Phone
(215) 862-7251
Return prepared by
Aprio Advisory Group LLC

Mission

The mission of American Sustainable Business Institute is to advance public policies that foster a vibrant, just, and sustainable economy. We do this in two ways: first, we research and communicate to businesses, policy makers, and the media how a sustainable economy based on broad prosperity is good for business and good for America. Second, we provide a platform that enables businesses and business associations to engage executives, owners, investors, entrepreneurs, and other business professionals in the public debate.

990 for the year ended December 31, 2024

Program accomplishments

  • Organizations MembershipASBN has grown to represent an even greater diversity of business organizations, which cover the gamut of local and state chambers of commerce, microenterprise, social enterprise, green and sustainable business groups, main street, women business leaders, economic development and organizations. The diversity of sectors and geographies has also increased tremendously.Building New Business OrganizationsBesides working to strengthen existing member organizations ASBN has endeavored to build new organizations where none existed including Ohio and Iowa. We also have worked to build statewide associations bringing together business organizations to build a greater power in their state including North Carolina, New York and Kentucky.OSHAASBN has submitted business nominations to the U.S. Department of Labor for the National Advisory Committee on Occupational Safety and Health (NACOSH). ASBN has submitted ten business leaders to participate in the OSHA small business review panel to review the injury and illness prevention program.Department of EnergyCoordinated with our business supporters, ASBN coordinated a series of meetings with U.S. Department of Energy, Environmental Protection Agency, and others from the White House on the potential for advancing biobased and renewable chemicals.Communications and MediaASBN continues to garner increasing press coverage. We have now reached the credibility level where we are regularly contacted by media outlets like the Washington Post, Politico, and The Hill for access to our business leaders. Some of the selected highlights include:Workplace IssuesASBN continued to build its business support for good/sustainable workplaces. ASBN has also provided identification, outreach, education, and engagement of business leaders across sectors and across the country on earned/paid sick days and minimum wage. ASBN has begun exploratory work to understand the latest tools and systems being created by cutting edge businesses to create more democratic, healthy and safe work environments.Safer Chemicals and Sustainable Materials:Our efforts focused on making the jobs, business, and general economic case to support environmental health issues from regulations of hazardous chemicals to driving toward green chemistry and sustainable materials.Regulations:We have mounted a strong educational effort in support of good regulations. Our work focuses on making the case for why environmental regulations, particularly clean air and water rules, make good business sense to small and midsized companies.Keystone Pipeline: ASBN has educated small and midsized companies about the economic case of construction of the transborder pipeline linking business voiced environmental health, environmental, and economic arguments.
    Expenses $3,280,770 · grants $1,699,842 · revenue $14,380

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-2384297
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,467,560
Income (IRS master file)
$3,761,751

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,761,751$4,460,879$1,467,560XML
990December 2023$1,449,514$2,492,122$1,703,930XML
990December 2022$2,606,151$1,737,440$2,370,035XML
990December 2021–––IRS
990-EZDecember 2021–––IRS
990December 2020–––IRS
990-EZDecember 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2384297).

Questions about AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC

What is the EIN of AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC?
The employer identification number (EIN) of AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC is 45-2384297.
Is AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC?
The 990 for the year ended December 31, 2024 names David Levine.
Who are the officers and directors of AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $150,000 (David Levine, President).
How much revenue does AMERICAN SUSTAINABLE BUSINESS INSTITUTE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,761,751, expenses of $4,460,879 and total assets of $1,467,560 at year end.

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