THE EXECUTIVE LEADERSHIP COUNCIL INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE EXECUTIVE LEADERSHIP COUNCIL INC (EIN 52-1631358)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-10
IRS object ID
202442849349300924
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-10T10:19:29-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN132781641PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MITCHELL & TITUS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 PINE STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10005ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521631358EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EXECUTIVE LEADERSHIP COUNCILBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEXECBusinessNameControlTxt
Phone2026552952PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11301 K STREET NW SUITE 210 WESTAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHANNIBAL BRUMSKINEPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone2026552952PhoneNum
Signature2024-10-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFREDERICK E DAVIS JRPreparerPersonNm
PTINP00446023PTIN
Phone2127094500PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL HYTERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11301 K STREET NW SUITE 210 WESTAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$47,625,594GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ELCINFO.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1989FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionINCREASE THE NUMBER OF SUCCESSFUL BLACK EXECUTIVES, DOMESTICALLY AND INTERNATIONALLY, BY ADDING VALUE TO THEIR DEVELOPMENT, LEADERSHIP AND PHILANTHROPIC ENDEAVORS ACROSS THE LIFECYCLE OF THEIR CAREERS.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee48TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$17,400,575PYContributionsGrantsAmt
CY Contributions Grants$20,193,175CYContributionsGrantsAmt
PY Program Service Revenue$5,054,741PYProgramServiceRevenueAmt
CY Program Service Revenue$4,746,410CYProgramServiceRevenueAmt
PY Investment Income$215,857PYInvestmentIncomeAmt
CY Investment Income$53,056CYInvestmentIncomeAmt
PY Other Revenue-$1,701,782PYOtherRevenueAmt
CY Other Revenue-$3,347,651CYOtherRevenueAmt
PY Total Revenue$20,969,391PYTotalRevenueAmt
CY Total Revenue$21,644,990CYTotalRevenueAmt
PY Grants And Similar Paid$2,130,246PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,388,598CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,045,890PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$7,376,914CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$10,838,795PYOtherExpensesAmt
CY Other Expenses$9,830,264CYOtherExpensesAmt
PY Total Expenses$20,014,931PYTotalExpensesAmt
CY Total Expenses$20,595,776CYTotalExpensesAmt
PY Revenues Less Expenses$954,460PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,049,214CYRevenuesLessExpensesAmt
Total Assets BOY$52,146,007TotalAssetsBOYAmt
Total Assets EOY$60,444,481TotalAssetsEOYAmt
Total Liabilities BOY$7,889,949TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,686,064TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$44,256,058NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$49,758,417NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,176,843ExpenseAmt
Grant$2,946,370GrantAmt
Revenue$0RevenueAmt
DescTHE ELC'S SCHOLARSHIP PROGRAMS OFFER HIGH-PERFORMING COLLEGE STUDENTS SCHOLARSHIPS AWARDS, INTERNSHIPS, MENTORING, AND UNIQUE ACCESS TO ELC MEMBERS, THEIR COMPANIES, AND STRATEGIC PARTNERS, ADDITIONAL PHILANTHROPIC PROGRAMMING AIMS TO INCREASE OPPORTUNITIES FOR YOUNG BLACK WOMEN AND MEN TO SUCCEED AS BUSINESS EXECUTIVES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$3,919,159ExpenseAmt
Grant$124,196GrantAmt
Revenue$0RevenueAmt
DescELC'S MEMBERSHIP ENGAGEMENT CONNECTS MEMBERS TO A POWERFUL NETWORK OF BLACK BUSINESS LEADERS AROUND THE GLOBE WHO BENEFIT FROM FORMAL AND INFORMAL NETWORKING AND EXECUTIVE DEVELOPMENT OPPORTUNITIES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,618,077ExpenseAmt
Grant$0GrantAmt
Revenue$2,217,438RevenueAmt
DescLEADERSHIP DEVELOPMENT WEEK IS A PREMIER DEVELOPMENT EXPERIENCE FOR BLACK PROFESSIONALS THAT HELPS THEM ADDRESS THE CHALLENGES AND OPPORTUNITIES OF BEING A BLACK LEADER TODAY, BY DEFYING THE ODDS AND SETTING NEW STANDARDS FOR SUCCESS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$8,427,824ExpenseAmt
Grant$318,032GrantAmt
Revenue$2,528,972RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$8,427,824TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$318,032TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$2,528,972TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$18,141,903TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document119IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee48EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonHANNIBAL L BRUMSKINE IIPersonNm
Phone2026552952PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11301 K STREET NW SUITE 210 WESTAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtInstitutional TrusteeInstitutionalTrusteeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
GERALD T CHARLES JR
DIRECTOR5.00Yes (X)$0$0$0
EDWARD L DANDRIDGE
DIRECTOR5.00Yes (X)$0$0$0
ORAL MUIR
DIRECTOR5.00Yes (X)$0$0$0
SENA KWAWU
DIRECTOR5.00Yes (X)$0$0$0
JAVARA PERRILLIAT
DIRECTOR5.00Yes (X)$0$0$0
THOMAS R HARVEY
DIRECTOR5.00Yes (X)$0$0$0
IRENE QUARSHIE
DIRECTOR5.00Yes (X)$0$0$0
JANICE INNIS-THOMPSON
DIRECTOR5.00Yes (X)$0$0$0
SHELLEY STEWART JR
DIRECTOR5.00Yes (X)$0$0$0
CYNTHIA MARSHALL
DIRECTOR5.00Yes (X)$0$0$0
VALERIE I RAINFORD
DIRECTOR5.00Yes (X)$0$0$0
TELISA TOLIVER
DIRECTOR5.00Yes (X)$0$0$0
ROY WEATHERS
DIRECTOR5.00Yes (X)$0$0$0
LLOYD W BROWN II
IMMEDIATE PAST CHAIR5.00Yes (X)$0$0$0
GALE V KING
CHAIR5.00$0$0$0Yes (X)
NANCY ARMAND
VICE CHAIR5.00$0$0$0Yes (X)
GENA ASHE
SECRETARY5.00$0$0$0Yes (X)
SHAUNDRA CLAY
TREASURER5.00$0$0$0Yes (X)
MICHAEL HYTER
PRESIDENT & CEO40.00$637,560$0$83,143Yes (X)
HANNIBAL BRUMSKINE
VP AND CHIEF FINANCIAL OFFICER40.00$304,200$0$56,548Yes (X)
LORI WALKER
EVP AND CHIEF OPERATING OFFICER40.00$403,093$0$37,928Yes (X)
ANTOINETTE RICE
VP AND CHIEF MARKETING & COMMUNICATIONS OFFICER40.00$288,100$0$25,174Yes (X)
FABIAN MILBURN
VP AND CHIEF PHILANTHROPY OFFICER40.00$161,667$0$8,796Yes (X)
ERICA JORDAN
VP OF MEMBER SERVICES40.00$234,936$0$11,891Yes (X)
GAIL JOHNSON
VP AND CHIEF HUMAN RESOURCES OFFICER (TERM)40.00$299,675$0$52,599Yes (X)
JENNIFER VASQUEZ
DIRECTOR, GOVERNANCE AND BOARD OPERATIONS40.00$187,200$0$29,162Yes (X)
MAYRA ESPINOZA
DIRECTOR, MEMBER ENGAGEMENT40.00$187,200$0$21,080Yes (X)
LEAH WADE
SR. DIRECTOR OF PHILANTHROPY40.00$160,667$0$19,589Yes (X)
ANGELINA GORDON
SR. DIRECTOR OF COMMUNICATIONS40.00$166,188$0$20,662Yes (X)
ALIE BANGURA
IT DIRECTOR40.00$164,800$0$42,314Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,195,286TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$408,886TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K21IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdCompensationCompensationAmtServicesServicesDesc
SAINT ROCK MEDIA
2101 ARAPAHOE STREETDENVERCO80205$782,210
THE GRANT ACCESS
60 PARKWAY DR E APT 1CEAST ORANGENJ07017$648,026PROFESSIONAL SERVICES
BLANK ROME LLP
ONE LOGAN SQUARE 130 NORTH 18TH STRPHILADELPHIAPA19103$378,207LEGAL SERVICES
DIGITAL SAUCE LLC
810 7TH ST NE WASHINGTONWASHINGTONDC20002$356,977PROFESSIONAL SERVICES
SIGNATURE MEDIA GROUP SPEAKERS
1327 W WASHINGTON BLVD SUITE 102BCHICAGOIL60607$201,500
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K11CntrctRcvdGreaterThan100KCnt
Membership Dues$4,109,201MembershipDuesAmt
Fundraising$8,691,056FundraisingAmt
Government Grants$440,030GovernmentGrantsAmt
All Other Contributions$6,952,888AllOtherContributionsAmt
Total Contributions$20,193,175TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescREGISTRATION FEESDesc
Business900099BusinessCd
Total Revenue Column$4,746,410TotalRevenueColumnAmt
Related Or Exempt Func Income$4,746,410RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$4,746,410TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$970,995TotalRevenueColumnAmt
Exclusion$970,995ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$20,029,736SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$20,899,506SecuritiesAmt
Other$48,169OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$869,770SecuritiesAmt
Other-$48,169OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$917,939TotalRevenueColumnAmt
Related Or Exempt Func Income-$917,939RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$1,671,581FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$8,691,056ContriRptFundraisingEventAmt
Fundraising Direct Expenses$5,032,929FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$3,361,348TotalRevenueColumnAmt
Exclusion-$3,361,348ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescRECOVERY OF DOUBTFUL ADesc
Total Revenue Column$13,697TotalRevenueColumnAmt
Related Or Exempt Func Income$13,697RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$13,697OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,644,990TotalRevenueColumnAmt
Related Or Exempt Func Income$3,842,168RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$2,390,353ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$3,388,598TotalAmt
Program Services$3,388,598ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,538,220TotalAmt
Program Services$2,120,031ProgramServicesAmt
Management And General$418,189ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,552,333TotalAmt
Program Services$3,114,583ProgramServicesAmt
Management And General$437,750ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$312,793TotalAmt
Program Services$224,609ProgramServicesAmt
Management And General$88,184ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$561,583TotalAmt
Program Services$385,377ProgramServicesAmt
Management And General$176,206ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$411,985TotalAmt
Program Services$305,577ProgramServicesAmt
Management And General$106,408ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$2,670,596TotalAmt
Program Services$2,135,928ProgramServicesAmt
Management And General$534,668ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$238,798TotalAmt
Program Services$173,836ProgramServicesAmt
Management And General$64,962ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$65,097TotalAmt
Management And General$65,097ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$180,958TotalAmt
Management And General$180,958ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$323,536TotalAmt
Program Services$280,405ProgramServicesAmt
Management And General$43,131ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$461,051TotalAmt
Program Services$343,194ProgramServicesAmt
Management And General$117,857ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,414,447TotalAmt
Program Services$1,368,810ProgramServicesAmt
Management And General$45,637ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,669,349TotalAmt
Program Services$3,649,291ProgramServicesAmt
Management And General$20,058ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$173,610TotalAmt
Program Services$126,746ProgramServicesAmt
Management And General$46,864ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$33,271TotalAmt
Program Services$24,220ProgramServicesAmt
Management And General$9,051ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
COMMUNICATIONS$300,388$225,133$75,255
OTHER PROGRAM AND OPERA$299,163$275,565$23,598

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$20,595,776TotalAmt
Program Services$18,141,903ProgramServicesAmt
Management And General$2,453,873ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$10,219,075BOYAmt
EOY$16,289,473EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,321,969BOYAmt
EOY$1,706,226EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,014,759BOYAmt
EOY$1,976,171EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$217,669BOYAmt
EOY$404,532EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,386,275LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,428,725LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,214,118BOYAmt
EOY$1,957,550EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$31,905,455BOYAmt
EOY$36,020,960EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,252,962BOYAmt
EOY$2,089,569EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$52,146,007BOYAmt
EOY$60,444,481EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,438,731BOYAmt
EOY$3,445,408EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,915,036BOYAmt
EOY$3,803,298EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,536,182BOYAmt
EOY$3,437,358EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,889,949BOYAmt
EOY$10,686,064EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$39,130,740BOYAmt
EOY$45,598,521EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,125,318BOYAmt
EOY$4,159,896EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$44,256,058BOYAmt
EOY$49,758,417EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$52,146,007BOYAmt
EOY$60,444,481EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,049,214ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$4,453,145NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,731,924CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,732,211CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,670,008CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,400,575CurrentTaxYearMinus1YearAmt
Current Tax Year$20,193,175CurrentTaxYearAmt
Total$79,727,893TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,731,924CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,732,211CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,670,008CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,400,575CurrentTaxYearMinus1YearAmt
Current Tax Year$20,193,175CurrentTaxYearAmt
Total$79,727,893TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,482,720SubstantialContributorsTotAmt
Public Support Total170$77,245,173PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$601,748CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$578,901CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$524,652CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$631,444CurrentTaxYearMinus1YearAmt
Current Tax Year$970,995CurrentTaxYearAmt
Total$3,307,740TotalAmt
FieldValueIRS element (for citing)
Total Support$83,035,633TotalSupportAmt
Gross Receipts Rltd Activities$20,174,594GrossReceiptsRltdActivitiesAmt
Public Support CY1700.93030PublicSupportCY170Pct
Public Support PY1700.95140PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,158,213OtherCostOrOtherBasisAmt
Depreciation$573,835DepreciationAmt
Book Value$1,584,378BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,228,062OtherCostOrOtherBasisAmt
Depreciation$854,890DepreciationAmt
Book Value$373,172BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,957,550TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITYDesc
Amt$3,437,358Amt
FieldValueIRS element (for citing)
Total Liability$3,437,358TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT ANALYZED THE TAX POSITIONS TAKEN BY ELC AND CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN OR ARE EXPECTED TO BE TAKEN. ACCORDINGLY, NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS HAVE BEEN ACCRUED IN THE ACCOMPANYING FINANCIAL STATEMENTS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL GALAEvent1Nm
Gross Receipts Event1$10,362,637GrossReceiptsEvent1Amt
Charitable Contri Event1$8,691,056CharitableContriEvent1Amt
Gross Revenue Event1$1,671,581GrossRevenueEvent1Amt
Other Direct Expenses Event1$5,032,929OtherDirectExpensesEvent1Amt
Gross Receipts Total$10,362,637GrossReceiptsTotalAmt
Charitable Contributions Tot$8,691,056CharitableContributionsTotAmt
Gross Revenue Total Events$1,671,581GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$5,032,929OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$5,032,929DirectExpenseSummaryEventsAmt
Net Income Summary-$3,361,348NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (108 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
ALABAMA A&M UNIVERSITY
305 PATTON HALLNORMALAL35762636001097501 (C)(3)$60,000$0SCHOLARSHIP
ALABAMA STATE UNIVERSITY
915 SOUTH JACKSON STREETMONTGOMERYAL36104636001101501 (C)(3)$10,000$0SCHOLARSHIP
AMERICAN LEADERSHIP FORUM SILICON VALLEY
1400 PARKMOOR AVE STE 280SAN JOSECA95126943092396501 (C)(3)$25,000$0DONATION
BETHUNE-COOKMAN UNIVERSITY
1500 BEVILLE RDDAYTONA BEACHFL32114590704726501 (C)(3)$10,000$0SCHOLARSHIP
BROWARD COUNTY LIBRARY FOUNDATION
100 S ANDREWS AVEFORT LAUDERDALEFL33301592224726501 (C)(3)$15,000$0DONATION
CALIFORNIA STATE UNIVERSITY
NORTHRIDGE 18111 NORDHOFF STREETNORTHRIDGECA913308296956196006501 (C)(3)$8,000$0SCHOLARSHIPUNIVERSITY HALL 1100
CARTHAGE COLLEGE
2001 ALFORD PARK DRIVEKENOSHAWI53140370661496501 (C)(3)$12,000$0SCHOLARSHIP
CASE WESTERN RESERVE UNIVERSITY
10900 EUCLID AVENUECLEVELANDOH44106341018992501 (C)(3)$10,000$0SCHOLARSHIP
CENTER FOR ECONOMIC INCLUSION
370 WABASHA STREET NORTH STE 900ST PAULMN55102823563111501 (C)(3)$15,000$0DONATION
CENTER FOR INNOVATION IN EDUCATION
5270 CALIFORNIA AVENUEIRVINECA92617264365936501 (C)(3)$75,000$0DONATION
CHAPMAN UNIVERSITY
ONE UNIVERSITY DRIVEORANGECA92866951643992501 (C)(3)$10,000$0SCHOLARSHIP
COLUMBIA UNIVERSITY
615 WEST 131ST STREET 3RD FLOORNEW YORKNY10027135598093501 (C)(3)$8,000$0SCHOLARSHIP
CONGRESSIONAL BLACK CAUCUS FOUNDATION
1720 MASSACHUSETTS AVENUE NWWASHINGTONDC20036521160561501 (C)(3)$23,000$0DONATION
COPPIN STATE UNIVERSITY
2500 W NORTH AVENUEBALTIMOREMD21216526002033501 (C)(3)$10,000$0SCHOLARSHIP
CORNELL COLLEGE
600 FIRST STREET SWMOUNT VERNONIA52314420680335501 (C)(3)$10,000$0SCHOLARSHIP
CORNELL UNIVERSITY
203 DAY HALLITHACANY14850150532082501 (C)(3)$18,000$0SCHOLARSHIP
DELAWARE STATE UNIVERSITY
1200 N DUPONT HIGHWAYDOVERDE19901510305893501 (C)(3)$45,000$0SCHOLARSHIP
DELAWARE STATE UNIVERSITY FOUNDATION
1200 N DUPONT HIGHWAYDOVERDE19901201372435501 (C)(3)$160,000$0DONATION
DREXEL UNIVERSITY
3201 ARCH STREET SUITE 420PHILADELPHIAPA19104231352630501 (C)(3)$20,000$0SCHOLARSHIP
ED FINANCIAA23D128L SERVICES
PO BOX 790322ST LOUISMT63179521198289501 (C)(3)$10,000$0SCHOLARSHIP
EMORY UNIVERSITY
200 DOWMAN DRIVE SUITE 300ATLANTAGA30322580566256501 (C)(3)$30,000$0SCHOLARSHIP
FLORIDA A&M UNIVERSITY
1700 LEE HALL DRIVE ROOM 201 FOOTETALLAHASSEEFL32307590977035501 (C)(3)$63,350$0SCHOLARSHIPHILYER ADMIN CENTER
FLORIDA INTERNATIONAL UNIVERSITY
11200 SW 8TH STREET CSC314MIAMIFL33199650177616501 (C)(3)$20,000$0SCHOLARSHIP
FLORIDA STATE UNIVERSITY
282 CHAMPIONS WAY UCA2200TALLAHASSEEFL32306591961248501 (C)(3)$10,000$0SCHOLARSHIP
FOUNDATION FOR NC A&T UNIVERSITY INC
1601 E MARKET STREETGREENSBORONC27411237055330501 (C)(3)$160,000$0DONATION
GEORGIA INSTITUTE OF TECHNOLOGY
711 MARETTA STREET NWATLANTAGA30332586002023501 (C)(3)$30,000$0SCHOLARSHIP
GEORGIA STATE UNIVERSITY
75 PIEDMONT AVENUE NE SUITE 1200ATLANTAGA30303586002050501 (C)(3)$10,000$0SCHOLARSHIP
GRAND VALLEY STATE UNIVERSITY
1 CAMPUS DRIVE 2015 JAMES H ZUMBERGALLENDALEMI49401381684280501 (C)(3)$10,000$0SCHOLARSHIPHALL
HAMPTON UNIVERSITY
200 WILLIAM R HARVEY WAYHAMPTONVA23668540505990501 (C)(3)$51,350$0SCHOLARSHIP
HARVARD UNIVERSITY
1033 MASSACHUSETTS AVE 2ND FLOORCAMBRIDGEMA02138042103580501 (C)(3)$10,000$0SCHOLARSHIP
HARVEY MUDD COLLEGE
301 PLATT BLVDCLAREMONTCA91711951911219501 (C)(3)$10,000$0SCHOLARSHIP
HIGH POINT UNIVERSITY
ONE UNIVERSITY PARKWAYHIGH POINTNC27268560529999501 (C)(3)$17,500$0SCHOLARSHIP
HOWARD UNIVERSITY
2244 TENTH STREET NW SUITE 402WASHINGTONDC20059530204707501 (C)(3)$739,970$0SCHOLARSHIP
HOWARD UNIVERSITY
2244 TENTH STREET NW SUITE 402WASHINGTONDC20059530204707501 (C)(3)$150,000$0DONATION
INDIANA UNIVERSITY
1024 E 3RD STREET ROOM 132BLOOMINGTONIN47405356001673501 (C)(3)$12,000$0SCHOLARSHIP
JACKSON STATE UNIVERSITY
1400 JOHN R LYNCH STREETJACKSONMS39217646000507501 (C)(3)$10,000$0SCHOLARSHIP
JAMES MADISON UNIVERSITY
1031 SOUTH MAIN STREET MSC 5705HARRISONBURGVA22807546001756501 (C)(3)$8,245$0SCHOLARSHIP
JOHNS HOPKINS UNIVERSITY
100 INTERNATIONAL DRIVE 6TH FLOORBALTIMOREMD21202520591656501 (C)(3)$12,000$0SCHOLARSHIP
JOHNS HOPKINS UNIVERSITY
100 INTERNATIONAL DRIVE 6TH FLOORBALTIMOREMD21202520591656501 (C)(3)$7,500$0DONATION
LOYOLA UNIVERSITY MARYLAND
4501 NORTH CHARLES STREETBALTIMOREMD21210520591623501 (C)(3)$10,000$0SCHOLARSHIP
LOYOLA UNIVERSITY OF NEW ORLEANS
6363 ST CHARLES AVENUE BOX 216NEW ORLEANSLA70118720408946501 (C)(3)$10,000$0SCHOLARSHIP
MARS HILL UNIVERSITY
PO BOX 370MARS HILLNC28754560554207501 (C)(3)$10,000$0SCHOLARSHIP
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUE RM 11-120CAMBRIDGEMA02139042103594501 (C)(3)$10,000$0SCHOLARSHIP
MOORE WEALTH INC
5611 HYATTSVILLE ROADHYATTSVILLEMD20782853785378501 (C)(3)$10,000$0DONATION
MOREHOUSE COLLEGE
830 WESTVIEW DRIVE SWATLANTAGA30314580566205501 (C)(3)$44,090$0SCHOLARSHIP
MORGAN STATE UNIVERSITY FOUNDATION INC
1700 EAST COLD SPRING LANEBALTIMOREMD21251237089143501 (C)(3)$25,000$0DONATION
MORGAN STATE UNIVERSITY
1700 E COLD SPRING LANEBALTIMOREMD21251522362685501 (C)(3)$30,000$0SCHOLARSHIP
NORFOLK STATE UNIVERSITY
700 PARK AVE CONTROLLERS OFFICENORFOLKVA23504546002808501 (C)(3)$10,000$0SCHOLARSHIPWILSON HALL STE 201
NORTH CAROLINA A&T STATE UNIVERS
1601 EAST MARKET STREETGREENSBORONC27411566000007501 (C)(3)$230,790$0SCHOLARSHIP
OHIO STATE UNIVERSITY
901 WOODY HAYES DRIVE 2020COLUMBUSOH43210316025986501 (C)(3)$8,245$0SCHOLARSHIPBLANKENSHIP HALL
PRAIRIE VIEW A&M UNIVERSITY
P O BOX 519 MS 1329PRAIRIE VIEWTX77446746001078501 (C)(3)$10,000$0SCHOLARSHIP
PRESBYTERIAN COLLEGE
503 S BROAD STREETCLINTONSC29325570314408501 (C)(3)$10,000$0SCHOLARSHIP
ROCHESTER INSTITUTE OF TECHNOLOGY
7 LOMB MEMORIAL DRIVEROCHESTERNY14623160743140501 (C)(3)$10,000$0SCHOLARSHIP
RUTGERS THE STATE UNIVERSITY
33 KNIGHTSBRIDGE ROAD ROOM C281PISCATAWAYNJ08854226001086501 (C)(3)$17,500$0SCHOLARSHIP
SAINT JOSEPH'S UNIVERSITY
5600 CITY AVENUEPHILADELPHIAPA19131231352674501 (C)(3)$10,000$0SCHOLARSHIP
SOUTH CAROLINA STATE UNIVERSITY
300 COLLEGE STREET NEORANGEBURGSC29117576000950501 (C)(3)$10,000$0SCHOLARSHIP
SOUTHERN METHODIST UNIVERSITY
3140 DYER STREET MS 261DALLASTX75275750800689501 (C)(3)$10,000$0SCHOLARSHIP
SOUTHERN UNIVERSITY AND A&M COLLEGE
PO BOX 9494BATON ROUGELA70813726000817501 (C)(3)$10,000$0SCHOLARSHIP
SPELMAN COLLEGE
350 SPELMAN LANE SWATLANTAGA30314580566243501 (C)(3)$76,245$0SCHOLARSHIP
STANFORD UNIVERSITY
485 BROADWAY MAIL CODE 8838REDWOOD CITYCA94063951156365501 (C)(3)$20,000$0SCHOLARSHIP
STATE UNIVERSITY OF NEW YORK AT
418 CROFTS HALLSBUFFALONY14260146013200501 (C)(3)$10,000$0SCHOLARSHIP
SUSQUEHANNA UNIVERSITY
514 UNIVERSITY AVESELINSGROVEPA17870231353385501 (C)(3)$10,000$0SCHOLARSHIP
TENNESSEE STATE UNIVERSITY
3500 JOHN A MERRIT BOULEVARDNASHVILLETN37209620786119501 (C)(3)$20,000$0SCHOLARSHIP
TENNESSEE TECHNOLOGICAL UNIVERSITY
1 WILLIAM L JONES DRIVECOOKEVILLETN38505620646806501 (C)(3)$10,000$0SCHOLARSHIP
TEXAS A&M UNIVERSITY TAMU
6000 COLLEGE STATIONCOLLEGE STATIONTX77843746000531501 (C)(3)$40,000$0SCHOLARSHIP
TEXAS SOUTHERN UNIVERSITY
3100 CLEBURNE STREETHOUSTONTX77004746001391501 (C)(3)$12,045$0SCHOLARSHIP
THE FRANKLIN INSTITUTE
222 N 20TH STPHILADELPHIAPA19103231370501501 (C)(3)$10,000$0DONATION
THE HISTORYMAKERS
1900 SOUTH MICHIGAN AVENUECHICAGOIL60616364328170501 (C)(3)$30,000$0DONATION
THE LINKS FOUNDATION INCORPORATED
1200 MASSACHUSETTS AVENUE NWWASHINGTONDC20005521170830501 (C)(3)$25,000$0DONATION
THE NEW YORK WOMEN'S FOUNDATIONS
39 BROADWAY 33RD FLOORNEW YORKNY10006133457287501 (C)(3)$8,000$0DONATION
TIDES FOUNDATION
PO BOX 889389 C/O THE NEMA AMENLOS ANGELESCA900889389510198509501 (C)(3)$10,000$0DONATIONRECORDS FOUNDATION 1914F
TUSKEGEE UNIVERSITY
108 KRESGE CENTERTUSKEGEEAL36088630288780501 (C)(3)$30,000$0SCHOLARSHIP
UNIVERSITY OF ALABAMA
801 5TH AVE SOUTH ROOM 251BIRMINGHAMAL35233636005396501 (C)(3)$8,000$0SCHOLARSHIP
UNIVERSITY OF CALIFORNIA BERKELEY
1608 4TH STREET STE 201BERKELEYCA94710946002123501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF CALIFORNIA-LOS ANGELES
405 HILGARD BOX 951501LOS ANGELESCA90095956006143501 (C)(3)$20,000$0SCHOLARSHIP
UNIVERSITY OF CENTRAL MISSOURI
PO BOX 800WARRENBURGMO64093446000293501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF CHICAGO
5801 ELLIS AVECHICAGOIL60637362177139501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF CONNECTICUT
343 MANSFIELD ROAD UNIT 1074STORRSCT06269060772160501 (C)(3)$18,000$0SCHOLARSHIP
UNIVERSITY OF DAYTON
300 COLLEGE PARKDAYTONOH45469310536715501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF DELAWARE
220 HULLIHEN HALLNEWARKDE19716516000297501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF GEORGIA
424 EAST BROAD STREETATHENSGA30602586001998501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF HOUSTON
5000 GULF FWY RM 109HOUSTONTX77204746001399501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF KANSAS
1246 WEST CAMPUS RDLAWRENCEKS66045481124839501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF MARYLAND BALTIMORE
1000 HILLTOP CIRCLEBALTIMOREMD21250526002033501 (C)(3)$40,000$0SCHOLARSHIP
UNIVERSITY OF MARYLAND EASTERN SHORE
30665 STUDENT SERVICE CENTER LANEPRINCESS ANNEMD21853526002033501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF MARYLAND COLLEGE SFSC
1103 LEE BUILDING 7809 REGENTSCOLLEGE PARKMD20742526002033501 (C)(3)$47,500$0SCHOLARSHIPDRIVE
UNIVERSITY OF MASSACHUSETTS AMHE
333 SOUTH STREET SUITE 450SHREWSBURYMA01545043167352501 (C)(3)$30,000$0SCHOLARSHIP
UNIVERSITY OF MASSACHUSETTS BOSTON
333 SOUTH STREET STE 450SHREWSBURYMA01545043167352501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF MEMPHIS
276 ADMINISTRATION BLDGMEMPHISTN38152620648618501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF MIAMI
PO BOX 248106 CONTROLLERS OFFICECORAL GABLESFL33124590624458501 (C)(3)$24,000$0SCHOLARSHIP
UNIVERSITY OF NORTH CAROLINA AT
9201 UNIVERSITY CITY BLVDCHARLOTTENC28223560791228501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF NORTH CAROLINA CHAPEL HILL
104 AIRPORT DRIVE CAMPUS BOX 1220CHAPEL HILLNC27599566001393501 (C)(3)$28,245$0SCHOLARSHIP
UNIVERSITY OF PENNSYLVANIA
100 FRANKLIN BUILDING 3451 WALNUTPHILADELPHIAPA191046270231352685501 (C)(3)$12,000$0SCHOLARSHIPSTREET
UNIVERSITY OF RICHMOND
110 UR DRIVERICHMONDVA23173540505965501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF ROCHESTER
330 MELIORA HALL-OFFICE OF THE BURSROCHESTERNY14627160743209501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF SCRANTON
800 LINDEN STREETSCRANTONPA18510240795495501 (C)(3)$8,000$0SCHOLARSHIP
UNIVERSITY OF SOUTH FLORIDA
4202 E FOWLER AVE SVC 1039TAMPAFL33620593102112501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF SOUTHERN CALIFORNIA
UNIVERSITY GARDENS STE 205LOS ANGELESCA90089951642394501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF TENNESSEE KNOXVILLE
505 SUMMER PLACEKNOXVILLETN37902626001636501 (C)(3)$10,000$0SCHOLARSHIP
UNIVERSITY OF TEXAS AT AUSTIN
110 INNER CAMPUS DRIVE STOP K5300AUSTINTX78712746000203501 (C)(3)$18,245$0SCHOLARSHIP
UNIVERSITY OF WASHINGTON
PO BOX 355880SEATTLEWA981955880916001537501 (C)(3)$10,000$0SCHOLARSHIP
VIRGINIA COMMONWEALTH UNIVERSITY
1015 FLOYD AVENUE BOX 843036RICHMONDVA23284546001758501 (C)(3)$8,000$0SCHOLARSHIP
VIRGINIA COMMONWEALTH UNIVERSITY FOUNDATION
PO BOX 843075 700 WEST GRACE STRICHMONDVA23284540757884501 (C)(3)$10,000$0DONATION
VIRGINIA STATE UNIVERSITY
1 HAYDEN DRIVEPETERSBURGVA23806546001811501 (C)(3)$10,000$0SCHOLARSHIP
VIRGINIA TECH STUDENT SERVICE BLDG STE 150
800 WASHINGTON STREET SWBLACKSBURGVA24061546001805501 (C)(3)$10,000$0SCHOLARSHIP
WASHINGTON UNIVERSITY IN ST LOUIS
700 ROSEDALE AVE CB 1034ST LOUISMO63112430653611501 (C)(3)$10,000$0SCHOLARSHIP
WORCESTER POLYTECHNIC INSTITUTE
100 INSTITUTE RDWORCESTERMA01609042121659501 (C)(3)$10,000$0SCHOLARSHIP
XAVIER UNIVERSITY OF LOUISIANA
1 DREXEL DRIVE BOX 40ANEW ORLEANSLA70125720635884501 (C)(3)$10,000$0SCHOLARSHIP

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPGrantTypeTxt
Cash Grant$10,050CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION ESTABLISHED MILESTONES AGREED UPON WITH THE RECIPIENT PRIOR TO EXECUTING THE GRANT. MANAGEMENT OF BOTH ORGANIZATIONS MEET PERIODICALLY TO REVIEW HOW GRANT FUNDS WERE EXPENDED AND TO ENSURE THE FUNDS ARE BEING ACCOUNTED BASED ON GRANT GUIDELINES. GRANTS FOR GENERAL SUPPORT, ONCE APPROVED, ARE NOT SUBJECT TO FOLLOWUP MONITORING FOR USE OF GRANT FUNDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL HYTER
PRESIDENT & CEO$536,360$0$101,200$0$0$0$44,691$0$38,452$0$720,703$0$0$0
LORI WALKER
EVP AND CHIEF OPERATING OFFICER$397,393$0$5,700$0$0$0$17,300$0$20,628$0$441,021$0$0$0
HANNIBAL BRUMSKINE
VP AND CHIEF FINANCIAL OFFICER$300,000$0$4,200$0$0$0$21,294$0$35,254$0$360,748$0$0$0
GAIL JOHNSON
VP AND CHIEF HUMAN RESOURCES OFFICER$296,375$0$3,300$0$0$0$11,888$0$40,711$0$352,274$0$0$0
ANTOINETTE RICE
VP AND CHIEF MARKETING & COMMUNICATI$283,900$0$4,200$0$0$0$20,229$0$4,945$0$313,274$0$0$0
ERICA JORDAN
VP OF MEMBER SERVICES$234,936$0$0$0$0$0$2,917$0$8,974$0$246,827$0$0$0
JENNIFER VASQUEZ
DIRECTOR, GOVERNANCE AND BOARD OPERA$185,200$0$2,000$0$0$0$13,151$0$16,011$0$216,362$0$0$0
MAYRA ESPINOZA
DIRECTOR, MEMBER ENGAGEMENT$185,400$0$1,800$0$0$0$13,152$0$7,928$0$208,280$0$0$0
ALIE BANGURA
IT DIRECTOR$163,200$0$1,600$0$0$0$11,536$0$30,778$0$207,114$0$0$0
ANGELINA GORDON
SR. DIRECTOR OF COMMUNICATIONS$164,588$0$1,600$0$0$0$11,633$0$9,029$0$186,850$0$0$0
LEAH WADE
SR. DIRECTOR OF PHILANTHROPY$159,167$0$1,500$0$0$0$11,247$0$8,342$0$180,256$0$0$0
FABIAN MILBURN
VP AND CHIEF PHILANTHROPY OFFICER$151,667$0$10,000$0$0$0$0$0$8,796$0$170,463$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANZATION MISSION:THE COUNCIL IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED ("CODE"). IN FURTHERANCE OF SUCH PURPOSES, THE COUNCIL SHALL: (1) PROVIDE AFRICAN-AMERICAN EXECUTIVES WHO SERVE OR SERVED IN SENIOR LEVEL MANAGEMENT POSITIONS, IN DOMESTIC AND INTERNATIONAL CORPORATIONS, WITH PROFESSIONAL FORUMS AND PROGRAMS TO OFFER PERSPECTIVE AND DIRECTION ON ECONOMIC, BUSINESS, AND PUBLIC POLICY ISSUES; (2) INCREASE THE VISIBILITY AND ENCOURAGE THE RECOGNITION AND ADVANCEMENT OF AFRICAN-AMERICAN BUSINESS EXECUTIVES; (3) PROVIDE EDUCATIONAL, PROFESSIONAL AND ECONOMIC OPPORTUNITIES, MENTORING PROJECTS, AND PROGRAMS TO IDENTIFY, PREPARE AND ADVANCE THE NEXT GENERATION OF AFRICAN-AMERICAN MANAGERS AND EXECUTIVES; (4) ENRICH THE "PIPELINE" OF FUTURE AFRICAN-AMERICAN BUSINESS LEADERS TO OPTIMIZE THEIR PRODUCTIVITY, GROWTH AND EVENTUAL CONTRIBUTION TO THE GOALS OF CORPORATE AMERICA THROUGH EDUCATION, MENTORING, EARLY IDENTIFICATION (PROGRAMS THAT TARGET HIGH SCHOOL STUDENTS), COMMUNITY ACTION, ROLE MODELING, AND TO ENGAGE IN SUCH OTHER ACTIVITIES AS MAY BE DESIRABLE OR REQUIRED TO ACCOMPLISH THE FOREGOING OBJECTS AND PURPOSES; (5) ENGAGE AFRICAN-AMERICAN CORPORATE OFFICERS WITH THOUGHTFUL INITIATIVE, DIRECTION, PROGRAMS AND EDUCATION TO ADDRESS ISSUES FACING AFRICAN-AMERICANS IN CORPORATE AMERICA; AND (6) ENCOURAGE EDUCATION REGARDING THE ECONOMIC EMPOWERMENT OF AFRICAN-AMERICAN AMERICA.
FORM 990, PART VI, SECTION A, LINE 6MEMBERS OF THE COUNCIL SHALL EITHER BE VOTING MEMBERS OR NONVOTING MEMBERS. EACH VOTING MEMBER IS ENTITLED TO ONE VOTE. VOTING MEMBER SHALL BE EITHER: I) AN INDIVIDUAL SERVING IN A SENIOR LEVEL MANAGEMENT POSITION IN A FORTUNE 1000 OR GLOBAL 500 CORPORATION, OR IN ANOTHER ORGANIZATION OF SIMILAR SCALE AND SCOPE AS DETERMINED BY THE BOARD, II) AN INDIVIDUAL SERVING ON THE BOARD OF A FORTUNE 1000 OR GLOBAL 500 CORPORATION, III) AN INDIVIDUAL SERVING IN A SENIOR LEVEL MANAGEMENT POSITION IN A PROFESSIONAL SERVICES FIRM OF SIMILAR SCALE AND SCOPE, IV) AN ENTREPRENEUR, OR V) A RECOGNIZED THOUGHT LEADER (COLLECTIVELY "QUALIFIED POSITION") .
FORM 990, PART VI, SECTION A, LINE 7AVOTING MEMBERS HAVE THE AUTHORITY TO NOMINATE AND ELECT THE BOARD OF DIRECTORS OF THE COUNCIL.
FORM 990, PART VI, SECTION A, LINE 7BVOTING MEMBERS OF THE EXECUTIVE LEADERSHIP COUNCIL HAVE THE AUTHORITY TO APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS; APPROVE ANY "FUNDAMENTAL TRANSACTION" AS DEFINED IN THE NONPROFIT CORPORATION ACT OF THE DISTRICT OF COLUMBIA, INCLUDING BUT NOT LIMITED TO MERGER, SALE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE COUNCIL, CONVERSION OR DISSOLUTION OF THE COUNCIL; AND APPROVE ANY MATTER THAT MAY BE SUBMITTED TO THE VOTING MEMBERS BY THE BOARD OF DIRECTORS, IN THE DISCRETION OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11BUPON COMPLETION OF THE RETURN BY OUTSIDE TAX PREPARERS, THE FORM 990 IS FIRST REVIEWED BY MANAGEMENT AND IS THEN SUBMITTED TO THE AUDIT COMMITTEE WHO HAS THE DELEGATED RESPONSIBILITY OF REVIEWING THE RETURN PRIOR TO FILING BY THE BOARD OF DIRECTORS. AFTER THE AUDIT COMMITTEE REVIEWS AND IS IN AGREEMENT, THE RETURN IS FINALIZED AND SIGNED OFF BY THE OUTSIDE TAX PREPARERS AS WELL AS THE CHIEF FINANCIAL OFFICER. PRIOR TO FILING, THE FULL AND COMPLETE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 12CELC MONITORS ITS CONFLICT OF INTEREST POLICY BY REQUIRING ALL NEW BOARD MEMBERS TO IDENTIFY ANY CONFLICT THAT MAY ARISE WITH THEM SERVING ON THE BOARD OF DIRECTORS OF ELC. THEY ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM. THIS PROCESS IS REPEATED ANNUALLY WITH NEW AND CONTINUING MEMBERS.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR THE PRESIDENT AND CEO IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, WHICH CONSISTS OF PROFESSIONALS IN HUMAN RESOURCES AND VARIOUS OTHER MANAGEMENT SKILLS. THEY UTILIZE PROFESSIONAL SEARCH FIRMS FOR ADVICE AND RESEARCH ON COMPENSATION FOR EXECUTIVES IN SIMILAR INDUSTRIES, GEOGRAPHIC LOCATIONS, SIZE AND RESOURCES. THE PRESIDENT AND CEO REVIEWS THE COMPENSATION FOR THE OTHER OFFICERS AND KEY EMPLOYEES AND, BASED ON COMPARATIVE OUTSIDE DATA, MAKES RECOMMENDATIONS TO THE CHAIR OF THE COUNCIL FOR APPROVAL.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

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