EIN 94-3241464

Institute for Market Transformation

IRS 501(c) type
501(c)(3)
Num. employees
38
Year formed
1996
Most recent tax filings
2022-12-01
Description
Institute for Market Transformation catalyzes demand for high-performing buildings through their mission. They work with energy code development bodies to incorporate increasing efficiency and engage in advancing the design of building performance policies that effectively and affordably cap and reduce emissions for all building types. Additionally, IMT is a strategic ally of public sector organizations focused on equity, resiliency, and public health.
Total revenues
$4,838,446
2022
Total expenses
$6,285,109
2022
Total assets
$4,499,701
2022
Num. employees
38
2022

Program areas at Institute for Market Transformation

Public sector engagement: we advance the design of building performance policies that effectively and affordably cap and reduce emissions for all building types and address community priorities of equity, resiliency, and public health. Imt is a strategic and technical partner to state, local, and federal government leaders and community based organizations, using our expertise in building science, energy, and real estate business practices to advance building decarbonization policy solutions.
Private sector engagement: imt's private sector-focused work aims to create and scale next-generation business practices that enable the real estate sector to serve the interests of all stakeholders (e.g., investors, occupants, communities) by deploying buildings as assets in transforming our social, economic, and physical wellbeing.
Codes and regulatory engagement: codes and regulation frame the legal environment in which buildings are constructed and used, exerting a large influence on the built environment. Imt works with energy code development bodies to incorporate increasing efficiency, electrification and grid interactivity into new codes. We bring together cities to more effectively participate in utility proceedings and make utility policies and programs more supportive of building performance standards. And we work to overcome the statutory barriers that inhibit regulators from being more supportive of improving building performance.

Grants made by Institute for Market Transformation

GranteeGrant descriptionAmount
Public Health Law CenterBPS Subgrant$200,000
Movement Strategy CenterClimate Innovation Subgrant$190,000
Charitable Ventures of Orange County (CVOC)Kresge Foundation Community Based Organization Support Subgrant on BPS 2.0 Project$10,000
...and 1 more grant made

Who funds Institute for Market Transformation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United States Energy FoundationTo Support Education and Outreach To Build A Clean Energy Future. To Promote Education and Analysis To Advance Energy Optimization.$960,000
Schwab Charitable FundEnvironmental and Animals$500,000
Bloomberg PhilanthropiesAccelerate Transition To Clean Energy$350,000
...and 4 more grants received

Personnel at Institute for Market Transformation

NameTitleCompensation
Alex DewesManaging Director , Programs$154,300
Betsy LawBoard Member$144,151
Lotte SchlegelExecutive Director$192,160
David CohanBoard Member$147,597
Ryan FreedSenior Director , Policy Strategy and Engagement / Senior Director , Policy and Regulation / Director , Public Sector Engagement$139,894
...and 9 more key personnel

Financials for Institute for Market Transformation

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,095,658
Program services$1,710,160
Investment income and dividends$29,100
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,528
Total revenues$4,838,446

Form 990s for Institute for Market Transformation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-10-26990View PDF
2019-122021-02-26990View PDF
2018-122019-10-31990View PDF
...and 9 more Form 990s
Data update history
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 4, 2024
Updated personnel
Identified 2 new personnel
December 23, 2023
Received grants
Identified 5 new grant, including a grant for $1,790,000 from Bloomberg Philanthropies
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsCharities
Issues
Energy conservationEnvironment
Characteristics
MembershipsLobbyingNational levelReceives government fundingTax deductible donations
General information
Address
PO Box 66526
Washington, DC 20035
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
imt.org/ 
Phone
(202) 525-2883
Facebook page
markettransformation 
Twitter profile
@imt_speaks 
IRS details
EIN
94-3241464
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C35: Energy Resource Conservation and Development
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
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