Cause IQ organization profile

Verite

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Verite is a international development organization based in Amherst, MA that was founded in 1996. As of 2019 they had $7.9 million in revenue and $5.3 million in assets.

To provide world-wide inspection, verification and certification of non-abusive labor practices of manufacturers producing consumer goods for the US market.

EIN:
04-3304538
City:
State:
Metro:
Website:
Phone:
413-253-9227
Facebook:
Twitter:
Founded:
1996
Type:
501(c)(3)
NTEE:
Revenue:
$7,976,418
Assets:
$5,313,440
Employees:
44
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Verite

Verite undertook 15 independent, high-quality, original research projects for 12 funders in multiple countries providing original research on key issues and challenges in responsible supply chain sourcing. We leveraged our grassroots access to provide a unique, bottom-up, objective view of labor conditions at the commodity, product, sector, and country level.

Verite completed 103 consulting engagements for 32 clients guiding companies in strengthening internal and supply chain management systems that proactively controlled risks to the business and its employees. Our broad expertise allowed us to support clients across industries in strategic planning, integrating social responsibility requirements into sourcing decisions, and cascading accountability throughout their value chains.

Verite conducted 388 comprehensive audits, investigations, screenings, and reviews to provide insight into working conditions - including forced labor, human trafficking, and child labor - in global supply chains for 45 clients in more than 21 countries. Our approach centered on workers' voices and provided stakeholders with actionable recommendations to address root causes of non-compliance.

Form 990s for Verite

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 17, 2020990View PDF
2017-12Dec 22, 2018990View PDF
2016-12Oct 27, 2017990View PDF
2015-12Nov 2, 2016990View PDF
2014-12Oct 2, 2015990View PDF
...and five more Form 990 PDFs

Financials for Verite

Field2018
Total grants, contributions, etc.$1,016,131
Program services$6,955,962
Investment income and dividends$4,325
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$0
Total revenues$7,976,418

Vendors for Verite

VendorServicesAmount paidDate
DrupalContent management system software2020-03-01
██████Fundraising software2020-03-01
███████ ███ ████Fundraising software; Payment processing2020-03-01
██████Fundraising software; Payment processing2020-03-01
█████████Content management system software2020-03-01
██████████Tax accounting; Audit accounting2019-09-30
█████████ ████████Software2019-03-05
█████ █████ ████ ████████ ███Program Consultant$414,0652017-12-01
...and four more vendors

Personnel at Verite

NameTitleCompensationMost recent data
Shawn MacDonaldChief Executive Officer$133,509Nov. 12, 2017
Victoria HealyChief Financial Officer-Oct. 4, 2019
██████ ████████Managing Director, Verite Southeast Asia-Nov. 12, 2017
███████ █████Program Director-Nov. 12, 2017
████ █████Director of Research-Nov. 12, 2017
██████ ████████Director of Advisory Services-Nov. 12, 2017
███████ █████████Director of Consulting$117,605Nov. 12, 2017
███████ ███China Director-Nov. 12, 2017
██████ █████Co - Chair and Treasurer$0Nov. 12, 2017
████ ████████Chairperson$0Dec. 31, 2016
...and two more key personnel

Peer international development and relief organizations

 NameTypeRevenueLocation
1Youthbuild Usa501(c)(3)$29 millionSomerville, MA
2Kiva Microfunds501(c)(3)$23 millionSan Francisco, CA
3Grameen Foundation501(c)(3)$10 millionWashington, DC
4Bridges to Prosperity (B2P)501(c)(3)$5.1 millionDenver, CO
5Echoing Green501(c)(3)$10 millionNew York, NY
6International Center for Journalists (ICFJ)501(c)(3)$17 millionWashington, DC
7American International Health Alliance501(c)(3)$15 millionWashington, DC
8Village Capital501(c)(3)$5.8 millionWashington, DC
9International Technical Assistance Group (ITAG)501(c)(3)$4.2 millionPlano, TX
10Endeavor Global501(c)(3)$9.0 millionNew York, NY
11Pure Earth501(c)(3)$5.1 millionNew York, NY
12Landesa501(c)(3)$12 millionSeattle, WA
13Engineers Without Borders USA501(c)(3)$10 millionDenver, CO
14Near East Foundation (NEF)501(c)(3)$16 millionSyracuse, NY
15The BOMA Project501(c)(3)$3.1 millionManchester Center, VT
16Family Care International501(c)(3)$4.3 millionNew York, NY
17International Youth Foundation (IYF)501(c)(3)$17 millionBaltimore, MD
18Nest (NEST)501(c)(3)$3.4 millionNew York, NY
19Unitarian Universalist Service Committee (UUSC)501(c)(3)$8.7 millionCambridge, MA
20Accion International501(c)(3)$21 millionCambridge, MA
21Development Gateway501(c)(3)$8.9 millionWashington, DC
22Launch Global501(c)(3)$6.1 millionRichardson, TX
23Nreca International (NRECA)501(c)(3)$17 millionArlington, VA
24International Development Enterprises (IDE)501(c)(3)$24 millionDenver, CO
25Children's HeartLink501(c)(3)$2.0 millionEdina, MN