Health Product Declaration Collaborative Inc
Nonprofit profile at a glance
- EIN
- 461050451
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Wakefield, MA, USA
- Phone
- 7817868871
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Boards of Trade
Reported finances
- Revenue
- $918,527
- Expenses
- $864,660
- Assets
- $458,544
- Liabilities
- $354,373
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- Wendy Vittori (Executive Director)
Highest reported compensation
- Wendy Vittori (Executive Director): $165,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Health Product Declaration Collaborative, Inc. is a customer-led organization committed to the continuous improvement of the building industry's performance through transparency, openness and innovation in the product supply chain. The HPDC objectively defines the critical information needed to support accurate supply chain disclosures by manufacturers and suppliers, and informed decisions by building designers, specifiers, owners, and users.
What it reported doing in 2024
The Health Product Declaration Collaborative created and supports the Health Product Declaration (HPD), an impartial tool for the accurate reporting of product contents and each ingredient's relationship to the bigger picture of human and ecological health. Essential information for making healthier choices The HPD Open Standard is a voluntary technical specification for reporting information on product contents and associated health information. Developed by a coalition of architects, designers, specifiers, owners, manufacturers, contractors, materials researchers, and NGOs, the HPD Open Standard is a key element in the movement toward achieving greater transparency and disclosure in reporting the human and environmental health aspects of building products and materials. Giving project teams a more informed understanding of product health- related attributes. When we speak about "using" the HPD, we are referencing the work thatproject teams - typically composed of architects, designers, engineers, construction, building owners, building managers - do to incorporate the concepts of material health into their projects. Generally a project team is working with a "completed HPD," meaning the document that is created by a manufacturer, to describe the product content and health information, using the Format and Instructions of the HPD Open Standard. Completed HPDs provide project teams with a flexible tool to incorporate material health information into their product specification and selection processes. Project teams get involved with HPDs for various reasons; among them, the following are typical scenarios: Your firm is committed to materials transparency and disclosure on health aspects of products.Your project is pursuing LEED, WELL, Living Building Challenge, or another certification that includes credits that use HPDs as a form of documentation and/or includes materials-related credits for which healthbased chemical ingredient data is required.You have policies related to requesting this information from manufacturers and implementing selection preference for products from manufacturers that are participating in transparency and disclosureprograms.Your client or customer requires you to identify and specify products from manufacturers that are participating in transparency and disclosure programs.Your firm, client, or customer has particular material ingredient policies or requests and you require disclosure information to ensure that those requests are met in your product specification.Project team resourcesOn this HPD Collaborative website you will find access to a variety of resources that can assist project teams in using the HPD, among them: Project Team User Guide: The Project Team User Guide provides project teams with practical "how to" information for using HPDs. The guide offers background information for the HPD Open Standard to help you better understand the format, what an HPD report contains, and how the informationcan be used.HPD Public Repository: All published HPDs are available for search and download, using the HPD Public Repository. This resource is provided to the public - at no charge to users - by the HPD Collaborative. Find published HPDs by product name, manufacturer and CSI Division/Section. Over 2,000 published HPDs available - and growing! Guidance for achieving LEED v4 credit: The HPD is cited as an option for achieving credit in LEED version 4, Materials and Resources - Building Product Disclosure and Optimization - Material Ingredient Reporting. HPD Versions 1.0, 2.0, and 2.1 can be used to achieve this credit. FAQs and Support System: HPDC provides a support system, where you can access our Body of Knowledge on the HPD Open Standard and its application, as well as send in a ticket with a question that you may have about how to use HPDs.Reference materials on the HPD Open Standard: The authoritative versions of the HPD Open Standard are downloadable from our website. The HPD Collaborative is a
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 79
- Accountability: 79
- Sustainability: 35
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.2%; rating input score 76
- Program expense ratio: 80.9%; rating input score 81
- Fundraising efficiency: $36.48 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 5.9%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.77; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 19.1%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 4.4% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: -5.3% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 76.2% of revenue deployed · 80.9% of spending went to programs
- Governance: 14 of 14 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $700K in reported program spending
- Leadership: top reported pay $165K · 20 people listed · 3 of 6 pay-setting controls reported
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Review — Sustainability: Operating margin scored 52/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- High — Sustainability: Officer compensation ratio scored 16/100.