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Governance Register
US nonprofit · EIN 831666979 · Sacramento, CAiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 831666979) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe tenure.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2024: assets, liabilities, staff, website, telephone, pay, related organisations (Schedule R), grants paid (Schedule I).Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue (us-approach-v4-clean). Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Blue Forest Finance Inc's network

7 peoplei7 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.

The board

7 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 7 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Chad ReedDirector2019
7 yrs
Daniela SaltzmanDirector2020
6 yrs
Newsha K AjamiDirector2020
6 yrs
Nicholas WobbrockChief Conservation Officer & Secretary2019
7 yrs
Ricardo BayonDirector2020
6 yrs
Sheri ElliottDirector2022
4 yrs
Zachary KnightCEO & President2019
7 yrs
Under 5 years5 to 6 years6 years or more

Officers and senior leadership

10 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Forest CrandallDirector, Investmentssince 2023
Gordon VermeerCFO & Treasurersince 2022
Jeanette DavidsonMNG Dir., Project Developmentsince 2022
Luke CarpenterDirector of Investments2024
Mackenzie CloyesChief of Staffsince 2022
Matthew SjoholmDirector, Project Development2023
Micah EliasDirector of Natural Capital2024
Natasha NurseHead of Talent & Equity2023
Philip SaksaDirector (To Jul'20)/Chief Scientistsince 2020
Seren Pendleton-KnollDirector of External Affairs2024

Pay and hours

year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Philip SaksaChief Scientist50$193k$19k
Gordon VermeerCFO & Treasurer50$183k$33k
Zachary KnightCEO & President50$182k$49k
Nicholas WobbrockChief Conservation Officer & Secretary50$179k$31k
Mackenzie CloyesChief of Staff50$162k$17k
Forest CrandallDirector of Investments50$145k$16k
Seren Pendleton-KnollDirector of External Affairs50$133k$28k
Micah EliasDirector of Natural Capital50$126k$16k
Luke CarpenterDirector of Investments50$124k$20k
Sheri ElliottDirector1$0
Ricardo BayonDirector1$0
Newsha K AjamiDirector1$0
Daniela SaltzmanDirector1$0
Chad ReedDirector1$0

About

Legal name
Blue Forest Finance Inc
EIN
831666979
Address
5960 S Land Park Dr 1264, Sacramento, CA, 95822-3313
State
California
Mission
Blue forest is a non-profit conservation finance organization. We bring people, finance and science together to restore and protect our forests, watersheds, ecosystems and communities. (as filed on the Form 990)
Activity (NTEE)
C30 Environment
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Environment
Size band
8 (IRS master file code)
Formed
2018
Principal officer
Zachary Knight (as named on the Form 990)
IRS ruling date
1 February 2020
Status
Code 01 (unconditional exemption)
Form 990 filings on record
5, latest 2024
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥7years on the filingsChad Reed
≥7years on the filingsNicholas Wobbrock
≥7years on the filingsZachary Knight
≥6years on the filingsDaniela Saltzman

Latest return

year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.
Total assets
$35.2m
Total liabilities
$29.9m
Net assets or fund balances
$5.3m
Contributions and grants received
$6.1m
Program service revenue
$2.4m
Grants and similar paid out
$1.3m
Employees
46
Volunteers
5

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$8.9m$9mDeficit $59k

As filed on the IRS Form 990. US dollars.

Grants paid

3 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.
RecipientPurposeAmount
National Forest FoundationForest restoration services associated with yuba ii frb project$1m
Chelan CountyForest restoration services associated with upper wenatchee i frb project$200k
Upper Mokelumne River Watershed AuthorityForest restoration services associated with upper mokelumne i frb project$100k