2023-09-18T16:16:49-05:00 2022-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2022-01-01 454585989 VOLCKER ALLIANCE INC VOLC 6463430155 39 BROADWAY 1930 NEW YORK NY 10006 SARA MOGULESCU PRESIDENT 6463430155 2023-09-18 1 SARA MOGULESCU 999009999 0 FREDERICK MARTENS P00298107 2126972299 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SARA MOGULESCU 39 BROADWAY 1930 NEW YORK NY 10006 21511492 0 X WWW.VOLCKERALLIANCE.ORG X 2012 NY THE VOLCKER ALLIANCE EMPOWERS THE PUBLIC SECTOR WORKFORCE. 17 15 28 16 0 0 7168327 2693450 45000 92954 427206 -119702 84 0 7640617 2666702 627865 455942 0 0 2457636 2813184 0 0 291986 1377647 1609421 4463148 4878547 3177469 -2211845 23661694 20293018 377564 1454108 23284130 18838910 X THE VOLCKER ALLIANCE IS A NONPROFIT FOUNDED BY FORMER FEDERAL RESERVE BOARD CHAIRMAN PAUL A. VOLCKER DEDICATED TO ADVANCING HIS VISION OF AN EMPOWERED PUBLIC SECTOR WORKFORCE.THE VOLCKER ALLIANCE IS A NONPROFIT FOUNDED BY FORMER FEDERAL RESERVE BOARD CHAIRMAN PAUL A. VOLCKER DEDICATED TO ADVANCING HIS VISION OF AN EMPOWERED PUBLIC SECTOR WORKFORCE. AT THE VOLCKER ALLIANCE, WE ARE HELPING CREATE THE FUTURE OF PUBLIC SERVICE. WE ARE WORKING TO EMPOWER PUBLIC SERVANTS FROM DIVERSE BACKGROUNDS AND SUPPORT THEM TO REACH POSITIONS OF INFLUENCE IN GOVERNMENT. WE ARE DEEPENING COLLABORATIONS WITH GOVERNMENTS, UNIVERSITIES, THOUGHT LEADERS, AND PHILANTHROPIES. WE ARE NIMBLY PURSUING NEW OPPORTUNITIES AND INCUBATING INNOVATIVE INITIATIVES THAT PROMISE TO FURTHER OUR MISSION. CORE TO OUR EFFORTS IS THE CULTIVATION OF POWERFUL PARTNERSHIPS AND EXTRAORDINARY NETWORKS OF CHANGE-MAKERS. 0 0 3723890 455942 92954 SEE SCHEDULE OEDUCATE: PROMOTING INNOVATION IN PUBLIC SERVICE EDUCATIONTHE VOLCKER ALLIANCE HAS HELPED TO DEFINE THE FIELD OF PUBLIC SERVICE EDUCATION. OUR WORK WITH SCHOOLS OF PUBLIC SERVICE HAS DRIVEN INNOVATION IN BOTH UNDERGRADUATE AND GRADUATE LEVEL CURRICULA AND EXPANDED LEARNING OPPORTUNITIES FOR ACTIVE PUBLIC SERVANTS. THE DEANS SUMMIT CONVENES MORE THAN 60 DEANS AND DIRECTORS OF THE NATION'S SCHOOLS OF PUBLIC SERVICE. RECOGNIZING THAT BROADENING THE REACH OF PUBLIC SERVICE EDUCATION IS CRITICAL TO THE FUTURE OF OUR DEMOCRACY, MEMBERS OF THIS COLLABORATIVE SHED COMPETITIVE POSTURE IN FAVOR OF COLLECTIVE ACTION. LAUNCHED IN 2022, THE FUTURE LEADERS OF SCHOOLS OF PUBLIC SERVICE PROGRAM PROVIDES NETWORKING AND MENTORSHIP RESOURCES TO PEOPLE OF COLOR WHO ARE INTERESTED IN EXPLORING OR PURSUING ACADEMIC LEADERSHIP POSITIONS AT SCHOOLS OF PUBLIC SERVICE. THE NEXT GENERATION SERVICE CORPS DRAWS DIVERSE, TALENTED YOUNG PEOPLE INTO PUBLIC SERVICE CAREERS. AN INFLUENTIAL AND GROWING NETWORK OF SCHOOLS AND STUDENTS, THIS INITIATIVE NOW INCLUDES SIXTEEN MEMBER UNIVERSITIES AND MORE THAN SIX HUNDRED STUDENTS ENROLLED NATIONALLY.EMPOWER: DRIVING RESEARCH ON EFFECTIVE GOVERNMENTIN 2022, THE VOLCKER ALLIANCE ACTIVELY EXPANDED ITS PUBLIC FINANCE PORTFOLIO. WE LAUNCHED THE RICHARD RAVITCH PUBLIC FINANCE INITIATIVE TO PROMOTE FEDERAL STRATEGIES THAT ADVANCE FISCAL SUSTAINABILITY AT ALL LEVELS OF GOVERNMENT AS WELL AS EDUCATE CONGRESSIONAL AND EXECUTIVE BRANCH LEADERS ABOUT THE NEED FOR GREATER OVERSIGHT OF STATE AND LOCAL BUDGETS AND FINANCES. OUR SPECIAL BRIEFING WEBINAR PROGRAM, PRODUCED IN PARTNERSHIP WITH PENNSYLVANIA INSTITUTE FOR URBAN RESEARCH, CONTINUED TO ATTRACT STRONG VIEWERSHIP AND IS NOW ALSO A PODCAST AVAILABLE ON APPLE, GOOGLE, SPOTIFY, AND OTHER MAJOR PLATFORMS. THROUGH THE STATE AND LOCAL BUDGETING IN THE COVID ERA PROJECT, THE ALLIANCE PUBLISHED TWO ISSUE PAPERS IN 2022 FOCUSED ON THE FISCAL IMPACT OF THE COVID-19 PANDEMIC ON STATE AND LOCAL BUDGETS. CONNECT: CONNECTING DIVERSE, TALENTED JOBSEEKERS TO GOVERNMENT JOBSOUR TALENT INITIATIVES GENERATE INNOVATIVE, COLLABORATIVE PROJECTS TO STRENGTHEN THE TALENT PIPELINE INTO GOVERNMENT. IN 2022, WE FOCUSED ON HELPING THE FEDERAL GOVERNMENT RECRUIT MODERN TECHNICAL LEADERS. WE WORKED WITH OUR PARTNERS TO ENGAGE HIGH-VALUE TECHNOLOGISTS FORCED BACK INTO THE JOB MARKET BY RECENT LAYOFFS. OUR SERIES OF PUBLIC SECTOR VIRTUAL JOB FAIRS HELPED LINK JOBSEEKERS DIRECTLY TO HIGH-NEED GOVERNMENT JOBS. WE LAUNCHED LEVELUP GOV, A NATIONAL CONTEST FOR PEOPLE AGES 18-25 TO CRAFT FRESH, BOLD MESSAGES TO GET TECHNOLOGY PROFESSIONALS EXCITED ABOUT GOVERNMENT WORK. INSPIRE: CHAMPIONING THE INTEGRITY AND LEGACY OF PAUL VOLCKERWE INSPIRE OTHERS WITH THE STORY OF MR. VOLCKER'S COMMITMENT TO PUBLIC SERVICE. CORE TO OUR EFFORTS HERE, IN 2022 WE AWARDED STIPENDS TO COLLEGE STUDENTS THROUGH THE PAUL A. VOLCKER GOVERNMENT INTERNSHIP AWARD PROGRAM, TO SUPPORT THEIR PARTICIPATION IN GOVERNMENT INTERNSHIPS AND OPEN THE DOOR TO CAREERS IN PUBLIC SERVICE. 3723890 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 34 0 1 28 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X NONPROFIT FISCAL MANAGEMENT 6463430155 39 BROADWAY 1930 NEW YORK NY 10006 SARA MOGULESCU PRESIDENT 40.00 X X 351998 0 42151 WILLIAM BRADLEY CHAIRMAN 1.00 X X 0 0 0 THOMAS W ROSS VICE CHAIRMAN & SENIOR ADVISOR 5.00 X X 54118 0 335 ANTHONY DOWD TREASURER 5.00 X X 0 0 0 SHEILA BAIR BOARD MEMBER 1.00 X 0 0 0 THOMAS M DAVIS BOARD MEMBER 1.00 X 0 0 0 T ELOISE FOSTER BOARD MEMBER 1.00 X 0 0 0 ANTHONY FOXX BOARD MEMBER 1.00 X 0 0 0 SHIRLEY CLARKE FRANKLIN BOARD MEMBER 1.00 X 0 0 0 FRANCIS FUKUYAMA BOARD MEMBER 1.00 X 0 0 0 STEPHANIE MINER BOARD MEMBER 1.00 X 0 0 0 NORMAN J ORNSTEIN BOARD MEMBER 1.00 X 0 0 0 MICHAEL PIWOWAR BOARD MEMBER 1.00 X 0 0 0 RICHARD RAVITCH BOARD MEMBER 1.00 X 0 0 0 WILLIAM RHODES BOARD MEMBER 1.00 X 0 0 0 JAMES P VOLCKER BOARD MEMBER 1.00 X 0 0 0 ANTONIO WEISS BOARD MEMBER 1.00 X 0 0 0 EMILY BOLTON EXECUTIVE VICE PRESIDENT 40.00 X 229136 0 9678 MELISSA AUSTIN CHIEF OPERATING OFFICER 40.00 X 203259 0 25719 WILLIAM GLASGALL SENIOR DIRECTOR, PUBLIC FINANCE 40.00 X 246976 0 45347 MAGGIE MELLO DIRECTOR, PUBLIC SERVICE EDUCATION 40.00 X 141682 0 34276 BRETT HUNT DIRECTOR, NEXT GENERATION SERVICE 40.00 X 136273 0 48535 PETER MORRISSEY DIRECTOR, GOVERNMENT TO UNIVERSITY 40.00 X 134223 0 6313 NOAH WINN-RITZENBERG DIRECTOR, RESEARCH AND IMPACT 40.00 X 124763 0 29837 1622428 0 242191 8 0 1 0 BERLIN ROSEN 15 MAIDEN LANE SUITE 1600 NEW YORK NY 10038 COMMUNICATIONS & MEDIA RELATIONS 219750 SKDKNICKERBOCKER LLC ONE WORLD TRADE CENTER NEW YORK NY 10007 COMMUNICATIONS 160000 2 2693450 2693450 VIRTUAL JOB FAIR HOSTING 900099 62954 62954 FISCAL SPONSOR ADMINISTRATION 611430 30000 30000 92954 418563 418563 18306525 18844790 -538265 -538265 -538265 2666702 92954 0 -119702 X 428942 428942 27000 27000 945151 531052 298192 115907 1417319 1166513 156413 94393 64423 51663 7893 4867 236723 178646 38951 19126 149568 108254 28158 13156 26055 10436 8779 6840 130356 130356 59125 59125 658833 620862 37646 325 15020 14020 1000 60324 46035 12544 1745 145461 145461 258484 187086 48662 22736 79124 73743 5279 102 35919 28212 6679 1028 58501 42342 11013 5146 21143 15303 3980 1860 PROGRAM EXPENSES 43409 40320 3089 SPECIAL EVENT 10515 8000 2515 MISCELLANEOUS EXPENSES 6811 2056 4755 BANK FEE 341 341 4878547 3723890 862671 291986 828844 692081 703026 78218 479000 600000 208276 60000 50947 84374 467228 150950 326563 316278 20980302 17196170 84736 1265897 23661694 20293018 132296 66037 200000 140000 45268 1248071 377564 1454108 X 21286059 16244755 1998071 2594155 23284130 18838910 23661694 20293018 -2211845 -2233375 0 X 0 1 X 1 0 X 1886210 1978746 1095117 2744827 2693450 10398350 1886210 1978746 1095117 2744827 2693450 10398350 5399256 4999094 339025 339687 290267 415562 418563 1803104 20455 20455 26141 84 26225 12248134 245860 0.40820 0.36220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1121914 -132539 46736 942639 1064290 111143 53519 1121914 1037055 66982 39747 1064290 1000000 78251 41196 1037055 1000000 1000000 1.00000 0 0 138904 32155 106749 86123 34448 51675 242201 84347 157854 316278 SECURITY DEPOSITS 84736 OPERATING LEASE RIGHT-OF-USE ASSET 1181161 1265897 OPERATING LEASE LIABILITY 1248071 1248071 374202 -2233375 -2233375 2607577 59125 59125 2666702 4819422 0 4819422 59125 59125 4878547 PART V, LINE 4: DURING 2018, THE ALLIANCE WAS AWARDED A $1,000,000 GRANT TO ESTABLISH AN ENDOWMENT FOR THE PAUL A. VOLCKER LIFETIME ACHIEVEMENT AWARD FOR PUBLIC SERVICE TO BE USED TO AWARD A DESERVING, LONG-TIME GOVERNMENT CIVIL SERVANT AT LEAST $10,000 AND A MEDAL EACH YEAR. 1 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY PO BOX 2260 TEMPE AZ 852802260 866051042 501(C)(3) 35000 0 IMPLEMENTATION OF NEXTGEN SERVICE CORPS NETWORK OF SCHOOLS OF PUBLIC POLICY AFFAIRS AND ADMINISTRATION 1029 VERMONT AV NW SUITE 1100 WASHINGTON DC 20005 521080991 501(C)(3) 48114 0 STRATEGIC PLANNING NORTH CAROLINA DEPARTMENT OF ADMINISTRATION 116 W JONES ST 1306 MAIL SERVICE CENTER RALEIGH NC 276991306 561130957 501(C)(3) 30000 0 GOVERNMENT TO UNIVERSITY TALENT CONNECTION INITIATIVES TEXAS SOUTHERN UNIVERSITY FOUNDATION 3100 CLEBURNE STREET HANNAH HALL SUITE 201 HOUSTON TX 77004 741620415 501(C)(3) 100000 0 IMPLEMENTATION OF NEXTGEN SERVICE CORPS UNIVERSITY OF NEW MEXICO 1 UNIVERSITY OF NEW MEXICO MSC01 1300 ALBUQUERQUE NM 87131 856000642 501(C)(3) 99951 0 IMPLEMENTATION OF NEXTGEN SERVICE CORPS CALIFORNIA STATUE UNIVERSITY DOMINGUEZ HILLS FOUNDATION 1000 EAST VICTORIA STREET WH360 CARSON CA 90747 952543028 501(C)(3) 20000 0 GOVERNMENT TO UNIVERSITY TALENT CONNECTION INITIATIVES GOVERNMENT COLLEGE RELATIONS COUNCIL INC LEWIS UNIVERSITY CAREER SERVICES UNIT 270 ONE UNIVERSITY PARKWAY ROMEOVILLE IL 60446 364276059 501(C)(3) 10000 0 GOVERNMENT TO UNIVERSITY TALENT CONNECTION INITIATIVES GEORGIA CITY SOLUTIONS INC 201 PRYOR ST SW ATLANTA GA 30303 822812740 501(C)(3) 20000 0 GOVERNMENT TO UNIVERSITY TALENT CONNECTION INITIATIVES CITY OF KANSAS CITY MISSOURI 414 E 12TH ST KANSAS CITY MO 64106 446000201 501(C)(3) 10000 0 GOVERNMENT TO UNIVERSITY TALENT CONNECTION INITIATIVES THE RAND CORPORATION 1776 MAIN STREET PO BOX 2138 SANTA MONICA CA 904072138 951958142 501(C)(3) 20000 0 GOVERNMENT TO UNIVERSITY TALENT CONNECTION INITIATIVES UNIVERSITY OF BALTIMORE SCHAEFER CENTER FOR PUBLIC POLICY PO BOX 2016 BALTIMORE MD 21203 526002033 501(C)(3) 28377 0 IMPLEMENTATION OF NEXTGEN SERVICE CORPS UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY GARDENS BLDG STE 205 LOS ANGELES CA 900898006 951642394 501(C)(3) 7500 0 STUDYING THE PUBLIC SECTOR WORKFORCE 12 GOVERNMENT INTERNSHIP AWARDS 9 27000 PART I, LINE 2: CONTRACTS ARE ISSUED AT THE BEGINNING OF THE GRANT PERIOD; INTERIM REPORTS ARE REQUIRED PERIODICALLY THROUGHOUT THE GRANT PERIOD, DEPENDING ON THE LENGTH OF THE GRANT CYCLE; FINAL REPORT ARE REQUIRED AT THE CONCLUSION OF EACH GRANT PERIOD. STAFF REVIEW INTERIM AND FINAL REPORTS, AND PRO-ACTIVELY CONTACTS GRANTEES THROUGH THE YEAR TO MONITOR GRANT PROGRESS. ANY REQUESTED CHANGES IN GRANT USAGE OR TERM MUST BE REQUESTED IN WRITING AND APPROVED BY VOLCKER ALLIANCE. X X X X 0 1 0 0 0 0 0 0 0 SARA MOGULESCU PRESIDENT 351998 0 0 0 0 0 10675 0 31476 0 394149 0 0 0 EMILY BOLTON EXECUTIVE VICE PRESIDENT 229136 0 0 0 0 0 9588 0 90 0 238814 0 0 0 MELISSA AUSTIN CHIEF OPERATING OFFICER 203259 0 0 0 0 0 7315 0 18404 0 228978 0 0 0 WILLIAM GLASGALL SENIOR DIRECTOR, PUBLIC FINANCE 246976 0 0 0 0 0 8987 0 36360 0 292323 0 0 0 MAGGIE MELLO DIRECTOR, PUBLIC SERVICE EDUCATION 141682 0 0 0 0 0 5176 0 29100 0 175958 0 0 0 BRETT HUNT DIRECTOR, NEXT GENERATION SERVICE 136273 0 0 0 0 0 5056 0 43479 0 184808 0 0 0 NOAH WINN-RITZENBERG DIRECTOR, RESEARCH AND IMPACT 124763 0 0 0 0 0 4559 0 25278 0 154600 0 0 0 PART I, LINE 4B THOMAS W. ROSS RECEIVED A 457B PLAN DISTRIBUTION OF $44,560. GRAHAM DOWD FAMILY MEMBER OF ANTHONY DOWD 62809 EMPLOYMENT 0 FORM 990, PART VI, SECTION A, LINE 2 SHEILA BAIR AND WILLIAM BRADLEY - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 WAS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE AND THEN FORWARDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR DISCUSSION AND COMMENT. EACH DIRECTOR WAS PROVIDED AN OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY REQUIRES ALL BOARD OF DIRECTORS MEMBERS, OFFICERS, AND KEY EMPLOYEES TO ANNUALLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST WITH THE ORGANIZATION THROUGH A QUESTIONNNAIRE. THESE QUESTIONNAIRES ARE MONITORED ANNUALLY AND POTENTIAL CONFLICTS ARE IMMEDIATELY ADDRESSED BY THE ORGANIZATION. IF A CONFLICT DOES ARISE, THE TRUSTEE IS ASKED TO WITHDRAW FROM ANY DISCUSSIONS OR DECISION-MAKING WITH RESPECT TO THE MATTER IN WHICH THE CONFLICT OF INTEREST ARISES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF ALL EMPLOYEES. FISCAL YEAR 2021 COMPENSATION REVIEWS WERE CONDUCTED IN LATE 2021 AND EARLY 2022. FISCAL YEAR 2022 REVIEWS WERE CONDUCTED IN EARLY 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. FORM 990, PART IX, LINE 11G PROGRAM PARTNERS: PROGRAM SERVICE EXPENSES 620,862. MANAGEMENT AND GENERAL EXPENSES 35,145. FUNDRAISING EXPENSES 260. TOTAL EXPENSES 656,267. RECRUITING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,061. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,061. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,440. FUNDRAISING EXPENSES 65. TOTAL EXPENSES 1,505.