Clean energy nonprofits to merge

The nonprofit Rocky Mountain Institute is merging with Carbon War Room, a nonprofit organization launched by billionaire Richard Branson in 2009.

Boulder-based Rocky Mountain Institute, the nonpartisan clean energy accelerator, said this week that it planned to merge with Washington, D.C.,-based Carbon War Room, a global nonprofit that seeks to reduce carbon emissions.

The Rocky Mountain Institute, co-founded in 1982 by Armory Lovins, employs about 80 full-time staff members. The nonprofit reported $18.3 million in revenue and a $15 million operating budget during its 2013-2014 fiscal year, according to its annual report.

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Jules Kortenhorst, CEO of the Rocky Mountain Institute, said in a note to supporters that the merged organization would operate as a single entity with one leadership team and a single, combined board of trustees.

“As one organization, we will together be able to accelerate the transformation of global energy use to create a clean, prosperous and secure low-carbon future,” Kortenhorst said.

Carbon War Room reported revenue of $6.4 million in 2012, according to documents filed with the Internal Revenue Service. The nonprofit had net assets of $5.3 million and $346,000 in liabilities that year.

The Rocky Mountain Institute reported net assets of $16.4 million in June and $2.5 million in liabilities this year.