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Organizations International, Foreign Affairs & National Security True Costs Initiative Inc.

True Costs Initiative Inc.

Fiscal year ending 2024. Filed on May 1, 2025.

202 Washington Street 333
Brookline, Massachusetts 02445

True Costs Initiative Inc. (EIN: 81-3796649) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, True Costs Initiative Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 6 total employees. Among the employees shown here, the average compensation is $205,315. The highest compensated employee at True Costs Initiative Inc. is Conniel Malek with fiscal year 2024 compensation of $325,318.

Revenue, expenses, and employee compensation

Revenue

$1,228,000

Expenses

$1,129,314

Employee compensation

$928,599
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Conniel Malek
Executive Director
$325,318
$286,097 No related comp$39,221
Peggy Chu
Operations Director
$151,524
$135,866 No related comp$15,658
Nittaya Saenbut
Program Director
$139,103
$120,006 No related comp$19,097

Benchmark Employee Compensation

Non-Employee Board Members

Hashim Bello
Board Chair and Director
Mihir Munshi
Secretary and Director
Shushanna Mignott
Director

Mission Statement

TRUE COSTS INITIATIVE (TCI) SEEKS TO INCREASE CORPORATE ACCOUNTABILITY AND TO STRENGTHEN LEGAL SYSTEMS IN THE GLOBAL SOUTH BY DRIVING COLLABORATION AMONG COMMUNITIES, FUNDERS, AND CREATIVE LEADERS IN AN EFFORT TO TIP THE BALANCE SO CORPORATIONS ARE HELD ACCOUNTABLE FOR AND INTERNALIZE THE TRUE ENVIRONMENTAL AND HUMAN COSTS OF THEIR ACTIONS.

Revisions to this organization profile

May 1, 2025:
2024 True Costs Initiative Inc. 990 filed
May 13, 2024:
2023 True Costs Initiative Inc. 990 filed
May 12, 2023:
2022 True Costs Initiative Inc. 990 filed

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