2022-05-10T10:04:45-05:00 2021-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD 200 ARLINGTON VA 22203 990 2021-01-01 131945157 HUDSON INSTITUTE INC HUDS 2029742400 1201 PENNSYLVANIA AVENUE NW 400 WASHINGTON DC 20004 JOHN P WALTERS PRESIDENT AND CEO 2029742400 2022-05-09 1 JOHN WALTERS XXX-XX-XXXX J ANDREW SMITH P00635175 5712279500 2022-05-09 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JOHN P WALTERS 1201 PENNSYLVANIA AVENUE NW 400 WASHINGTON DC 20004 36277688 0 X WWW. HUDSON.ORG X 1961 NY PROMOTING STRONG AND ENGAGED U.S. INTERNATIONAL LEADERSHIP IN PARTNERSHIP WITH OUR ALLIES 14 13 72 100 0 0 15356881 19919809 0 0 2191345 3643177 -49092 -362785 17499134 23200201 0 0 0 0 10172946 10862219 130000 90000 1165315 6572555 8147862 16875501 19100081 623633 4100120 85448216 103422402 6452476 6408058 78995740 97014344 HUDSON INSTITUTE'S MISSION IS PRIMARILY TO PROMOTE AMERICAN LEADERSHIP AND GLOBAL ENGAGEMENT FOR A SECURE, FREE, AND PROSPEROUS FUTURE. 0 0 11436500 TO PROMOTE THE DISCUSSION AND EXCHANGE OF IDEAS ON ISSUES RELATED TO NATIONAL SECURITY, HUMAN RIGHTS, RELIGIOUS FREEDOM, AND FOREIGN POLICY. (PLEASE SEE WWW.HUDSON.ORG FOR ADDITIONAL INFORMATION). 4111253 TO PROMOTE THE DISCUSSION AND EXCHANGE OF IDEAS ON ISSUES RELATED TO ECONOMICS, DOMESTIC POLICY, AND POLITICAL STUDIES. (PLEASE SEE WWW.HUDSON.ORG FOR ADDITIONAL INFORMATION). 15547753 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 155 0 72 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X JOHN P WALTERS 2029742400 1201 PENNSYLVANIA AVENUE NW SUITE WASHINGTON DC 20004 JOHN P WALTERS PRESIDENT AND CEO 50.00 X X 514773 0 40814 LEWIS LIBBY SENIOR VICE PRESIDENT 50.00 X 349469 0 36191 WALTER RUSSELL MEAD DISTINGUISHED FELLOW 50.00 X 345204 0 31690 ARTHUR HERMAN SENIOR FELLOW 50.00 X 285000 0 36044 MICHAEL DORAN SR FELLOW & DIRECTOR 50.00 X 272318 0 39818 DANIEL MCKIVERGAN VP, GOVERNMENT RELATIONS 50.00 X 265000 0 39536 BRYAN CLARK SENIOR FELLOW & DIRECTOR 50.00 X 260417 0 19981 JOEL SCANLON EXECUTIVE VICE PRESIDENT 50.00 X 251875 0 28520 ANN MARIE HAUSER VP, PUBLIC AFFAIRS 50.00 X 250000 0 28558 KENNETH R WEINSTEIN DISTINGUISHED FELLOW 50.00 X 252333 0 19022 MATTHEW HUNTER VP, STRATEGIC PARTNERSHIPS 50.00 X 243750 0 8468 STEVE CORDER CHIEF FINANCIAL OFFICER & TREASURER 50.00 X 215000 0 30606 NICHOLAS MACKEY DIRECTOR OF OPERATIONS 50.00 X 168750 0 29055 VICTORIA MILLER CORPORATE SECRETARY 50.00 X 81667 0 13976 SARAH MAY STERN CHAIR 8.00 X 0 0 0 WALTER P STERN CHAIR EMERITUS 1.00 X 0 0 0 RUSSELL PENNOYER VICE CHAIR 1.00 X 0 0 0 THOMAS C BARRY TRUSTEE 1.00 X 0 0 0 LINDEN S BLUE TRUSTEE 1.00 X 0 0 0 MARGARET WHITEHEAD TRUSTEE 1.00 X 0 0 0 JACK DAVID TRUSTEE 1.00 X 0 0 0 THOMAS DONOHUE TRUSTEE 1.00 X 0 0 0 SHINYA KATANOZAKA TRUSTEE 1.00 X 0 0 0 GILBERT SCHARF TRUSTEE 1.00 X 0 0 0 LAURENCE C LEEDS JR TRUSTEE 1.00 X 0 0 0 MARIE-JOSEE KRAVIS TRUSTEE - UNTIL MAY 2021 1.00 X 0 0 0 RAJEEV CHANDRASEKHAR TRUSTEE - UNTIL JULY 2021 1.00 X 0 0 0 3755556 0 402279 30 0 1 0 DRAGOON STRATEGIES LLC 223 HANOVER ROAD PHOENIXVILLE PA 19460 CONSULTING 250000 SQUARE MILES LLP 736 N HOLLY DRIVE ANNAPOLIS MD 21409 CONSULTING 247500 SCOUT STRATEGY GROUP LLC 106 SPECTACLE LANE WILTON CT 06897 CONSULTING 210000 JOHN LEE 380 MOORE PARK ROAD PADDINGTON AS CONSULTING 160000 IRWIN M STELZER ASSOCIATES INC 314 SOUTH MILL ASPEN CO 81611 CONSULTING 142500 9 1342993 18576816 683593 19919809 2166816 2166816 30 30 14164433 12688072 1476361 1476361 1476361 26600 1342993 389415 -362815 -362815 23200201 0 0 3280392 X 2596004 2102763 337481 155760 6695418 5451779 827432 416207 377817 344085 7398 26334 647638 580277 23138 44223 545342 481629 27149 36564 147248 2212 145021 15 84851 84851 90000 90000 7435 2 7425 8 3326002 3289609 27651 8742 143331 33551 103873 5907 362030 312610 30467 18953 2193416 1784483 274109 134824 547429 421402 17273 108754 197623 119098 45688 32837 558470 125542 388667 44261 57217 46526 7166 3525 PRINTING, DESIGN AND DU 127577 75261 17250 35066 MEDIA PRODUCTION COST 119118 119118 EDITING 38973 38973 BUSINESS MEALS 19007 19007 218135 199826 14974 3335 19100081 15547753 2387013 1165315 2452984 3143774 593610 649149 1619515 429186 132813 345674 55787 32205 6514540 2916174 4156836 3598366 76436671 95224048 85448216 103422402 995092 1404807 5457384 5003251 6452476 6408058 X 65078109 77694308 13917631 19320036 78995740 97014344 85448216 103422402 4100120 13918484 0 X 0 1 X 1 0 X 17948431 15317272 45156168 15356881 19919809 113698561 17948431 15317272 45156168 15356881 19919809 113698561 45046189 68652372 1151013 1419477 2011449 2101110 2166846 8849895 180 180 122548636 2551128 0.56020 0.53310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68738213 39505 15744176 3374000 81147894 63853378 1173106 6025729 2314000 68738213 33238105 22739319 9537953 1662000 63853377 38344309 380172 -3566376 1920000 33238105 30285409 6085299 3487601 1514000 38344309 0.92000 0.08000 0 0 5473720 2045334 3428386 1040820 870840 169980 3598366 DEFERRED RENT 2092375 LEASEHOLD INCENTIVE LIABILITY 2160765 AMOUNTS HELD FOR THIRD PARTIES 750111 5003251 X 37500665 13918484 13918484 23582181 7435 -389415 -381980 23200201 19482061 389415 389415 19092646 7435 7435 19100081 PART V, LINE 4: HUDSON INSTITUTE USES ITS ENDOWMENT FUNDS AND QUASI-ENDOWMENT (OR BOARD-DESIGNATED) FUNDS TO PROVIDE A PREDICTABLE STREAM OF REVENUE FOR OPERATIONS WHILE SEEKING TO MAINTAIN AND EXPAND THE PRINCIPAL. PART X, LINE 2: THE INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND FROM APPLICABLE STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE INSTITUTE HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. THE INSTITUTE FILES INFORMATIONAL INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND NEW YORK STATE. THE INSTITUTE IS NOT CURRENTLY UNDER AUDIT BY ANY INCOME TAX JURISDICTION. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUE -389,415. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 389,415. X X X X X X X 1 DAVID THOMAS ROMLEY 16802 BAYWATCH COURT CORNELIUS NC 28031 FUNDRAISING CONSULTING 0 0 90000 -90000 90000 -90000 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI HERMAN KAHN AWARD DINNER 930132 909582 20550 59924 156985 60TH ANNIVERSARY EVENT 439461 433411 6050 41000 131506 1369593 1342993 26600 100924 288491 389415 -362815 X 1 1 X X X 0 0 0 0 0 0 0 1 0 JOHN P WALTERS PRESIDENT AND CEO 497448 0 17325 0 0 0 22110 0 18704 0 555587 0 0 0 LEWIS LIBBY SENIOR VICE PRESIDENT 345469 0 4000 0 0 0 22855 0 13336 0 385660 0 0 0 WALTER RUSSELL MEAD DISTINGUISHED FELLOW 345204 0 0 0 0 0 23200 0 8490 0 376894 0 0 0 ARTHUR HERMAN SENIOR FELLOW 285000 0 0 0 0 0 22800 0 13244 0 321044 0 0 0 MICHAEL DORAN SR FELLOW & DIRECTOR 272318 0 0 0 0 0 20878 0 18940 0 312136 0 0 0 DANIEL MCKIVERGAN VP, GOVERNMENT RELATIONS 250000 0 15000 0 0 0 20567 0 18969 0 304536 0 0 0 BRYAN CLARK SENIOR FELLOW & DIRECTOR 260417 0 0 0 0 0 17500 0 2481 0 280398 0 0 0 JOEL SCANLON EXECUTIVE VICE PRESIDENT 246875 0 5000 0 0 0 20150 0 8370 0 280395 0 0 0 ANN MARIE HAUSER VP, PUBLIC AFFAIRS 250000 0 0 0 0 0 20000 0 8558 0 278558 0 0 0 KENNETH R WEINSTEIN DISTINGUISHED FELLOW 252333 0 0 0 0 0 0 0 19022 0 271355 0 0 0 MATTHEW HUNTER VP, STRATEGIC PARTNERSHIPS 243750 0 0 0 0 0 0 0 8468 0 252218 0 0 0 STEVE CORDER CHIEF FINANCIAL OFFICER & TREASURER 205000 0 10000 0 0 0 17200 0 13406 0 245606 0 0 0 NICHOLAS MACKEY DIRECTOR OF OPERATIONS 158750 0 10000 0 0 0 13500 0 15555 0 197805 0 0 0 PART I, LINE 1A CHARTER AIR TRAVEL WAS PROVIDED AS A NON-CASH CONTRIBUTION FOR BUSINESS PURPOSE TO THE ORGANIZATION. PART I, LINE 7 THE COMPENSATION COMMITTEE OF THE BOARD DETERMINES THE SALARY AND THE AMOUNT OF ANY BONUS GIVEN THE PRESIDENT AND CEO EACH YEAR. X 13 652208 STOCK QUOTE 0 0 1 PART I, LINE 32B: WELLS FARGO AND MORGAN STANLEY SELL NON-CASH CONTRIBUTIONS OF PUBLICLY TRADED STOCK AND MUTUAL FUNDS FOR HUDSON. LINE 9, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 2 SARAH MAY STERN, CHAIR, AND WALTER P. STERN, CHAIR EMERITUS, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 2 THE CHAIRMAN, VICE-CHAIR, AND CHAIRMAN EMERITUS ARE THE MEMBERS OF THE EXECUTIVE COMMITTEE AND ALL SIT ON THE GOVERNING BODY BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE AUDIT AND RISK MANAGEMENT COMMITTEE, THE PRESIDENT AND CEO, AND CFO; AND IT IS ALSO PROVIDED TO THE FULL BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE BOARD AND ALL OFFICERS. COMPLIANCE WITH THE POLICY IS MONITORED BY THE CORPORATE SECRETARY WHO MAINTAINS THE DISCLOSURE FORMS. EACH YEAR, TRUSTEES AND CORPORATE OFFICERS ARE REQUIRED TO FILL OUT ANNUAL DISCLOSURE FORMS THAT ARE DESIGNED TO ELICIT POTENTIAL CONFLICTS OF INTEREST THAT MAY ARISE THROUGH DEALINGS OR RELATIONSHIPS WITH STAFF MEMBERS, TRUSTEES, OR INSTITUTE VENDORS. THESE DISCLOSURES ARE REVIEWED BY THE CORPORATE SECRETARY, THE INSTITUTE PRESIDENT, AND THE CHAIRMAN OF THE BOARD. THE BOARD CHAIRMAN REVIEWS EACH TRANSACTION TO COME BEFORE THE BOARD FOR POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. BOARD MEMBERS ARE ASKED TO RECUSE THEMSELVES FROM ANY VOTES THAT MAY ENTAIL A CONFLICT OF INTEREST. ANY IDENTIFIED CONFLICTS OF INTEREST AND APPROPRIATE RECUSALS ARE DOCUMENTED IN THE MINUTES OF EACH BOARD OR COMMITTEE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE PRESIDENT AND CEO INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT MEMBERS OF THE COMPENSATION COMMITTEE. COMPARABILITY DATA USED IN THE REVIEW PROCESS IS OBTAINED FROM THE FORM 990 OF OTHER ORGANIZATIONS. THE COMPENSATION DETERMINATION PROCESS IS PERFORMED ON AN ANNUAL BASIS. THIS PROCESS RECENTLY TOOK PLACE IN 2021. THE PROCESS FOR DETERMINING COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES INCLUDES A REVIEW AND APPROVAL BY THE PRESIDENT AND CEO. COMPARABILITY DATA USED IN THE REVIEW PROCESS IS OBTAINED FROM THE FORM 990 OF OTHER ORGANIZATIONS. THE COMPENSATION DETERMINATION PROCESS IS PERFORMED ON AN ANNUAL BASIS. THIS PROCESS RECENTLY TOOK PLACE IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANT- HUDSON SCHOLARS AND PERSONNEL: PROGRAM SERVICE EXPENSES 1,968,934. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,968,934. CONSULTANT- HONORARIA: PROGRAM SERVICE EXPENSES 599,506. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 599,506. CONSULTANT- IT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,831. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,831. OTHER: PROGRAM SERVICE EXPENSES 721,169. MANAGEMENT AND GENERAL EXPENSES 19,820. FUNDRAISING EXPENSES 8,742. TOTAL EXPENSES 749,731. HUDSON ANALYTICAL SERVICES INC 1201 PENNSYLVANIA AVE NW SUITE 400 WASHINGTON DC 20004 351645201 RESEARCH NY HUDSON INSTITUTE INC C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0