2022-01-19T20:58:03-06:00 2020-12-31 362239746 SASSETTI LLC 2107 SWIFT DRIVE SUITE 210 OAK BROOK IL 60523 990 2020-01-01 362181969 THE CHICAGO COUNCIL ON GLOBAL AFFAIRS CHIC 3127263860 180 N STETSON AVENUE NO 1400 CHICAGO IL 60601 ROBERT CORDES VP FINANCE AND ADMINISTRATION 3127263860 2022-01-19 1 ROBERT CORDES XXX-XX-XXXX JEFF SCHROEDER P01245303 7083861433 2022-01-19 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z IVO H DAALDER 180 N STETSON AVENUE NO 1400 CHICAGO IL 60601 11407030 0 X WWW.THECHICAGOCOUNCIL.ORG X 1922 IL THE CHICAGO COUNCIL ON GLOBAL AFFAIRS IS AN INDEPENDENT, NONPARTISAN ORGANIZATION THAT PROVIDES INSIGHT ON CRITICAL GLOBAL ISSUES, ADVANCES POLICY SOLUTIONS, AND FOSTERS DIALOGUE ON WHAT IS HAPPENING IN THE WORLD AND WHY IT MATTERS TO PEOPLE IN CHICAGO, THE UNITED STATES, AND AROUND THE GLOBE. 89 88 69 250 0 0 11424434 9478216 604139 102427 391448 579948 101541 54468 12521562 10215059 10000 10000 0 0 3620022 7296093 0 0 1619881 3222941 5147075 6852963 12453168 5668599 -2238109 42349757 41634830 3787784 3270668 38561973 38364162 X THE CHICAGO COUNCIL ON GLOBAL AFFAIRS IS AN INDEPENDENT, NONPARTISAN ORGANIZATION THAT PROVIDES INSIGHT ON CRITICAL GLOBAL ISSUES, ADVANCES POLICY SOLUTIONS, AND FOSTERS DIALOGUE ON WHAT IS HAPPENING IN THE WORLD AND WHY IT MATTERS TO PEOPLE IN CHICAGO, THE UNITED STATES, AND AROUND THE GLOBE. 0 0 2700124 101952 PUBLIC PROGRAMMING & ENGAGEMENT: ENGAGING THE INFORMED AND INTERESTED PUBLIC IN GLOBAL AFFAIRS BY CURATING RELEVANT, TIMELY CONTENT ON CRITICAL ISSUES AND PROVIDING A BALANCED FORUM FOR CHALLENGING, THOUGHTFUL DIALOGUES WITH GLOBAL LEADERS, INFLUENCERS, AND EXPERTS. 1927120 186 PRITZKER FORUM ON GLOBAL CITIES: ELEVATING GLOBAL CITIES AS CENTRAL ACTORS SHAPING WORLD AFFAIRS POLITICALLY, ECONOMICALLY, SOCIALLY, AND CULTURALLY BY IDENTIFYING AND ADVANCING CITY-BASED SOLUTIONS AND POLICY RECOMMENDATIONS FOR CRITICAL GLOBAL CHALLENGES. 1818194 PROGRAM RELATED SERVICES: MARKETING AND COMMUNICATIONS/ DATA BASE SERVICES. 2832444 10000 54757 2832444 10000 54757 9277882 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 1 69 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 89 88 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X ROBERT CORDES VP OF FINANCE 3127263860 180 N STETSON AVENUE NO 1400 CHICAGO IL 60601 IVO DAALDER PRESIDENT 40.00 X X 589653 0 12306 JOHN ETTELSON CHAIR 2.00 X X 0 0 0 SAM SCOTT CHAIR EMERITUS 2.00 X X 0 0 0 LOUIS SUSMAN VICE CHAIR 2.00 X X 0 0 0 DAVID REYES VICE CHAIR 2.00 X X 0 0 0 JOHN MANLEY VICE CHAIR 2.00 X X 0 0 0 MICHAEL MOSKOW VICE CHAIR 2.00 X X 0 0 0 DOUGLAS DOETSCH SECRETARY 2.00 X X 0 0 0 LESTER CROWN CHAIR EMERITUS 2.00 X X 0 0 0 STEVEN KOCH TREASURER 2.00 X X 0 0 0 JENNIFER SCANLON VICE CHAIR 2.00 X X 0 0 0 LEAH ZELL CHAIR EMERITUS 2.00 X X 0 0 0 EDUARDO ALVAREZ BOARD MEMBER 1.00 X 0 0 0 MICHAEL AMIRIDIS BOARD MEMBER 1.00 X 0 0 0 KATHERINE BAICKER BOARD MEMBER 1.00 X 0 0 0 JIM BRADY BOARD MEMBER 1.00 X 0 0 0 BRUCE BRAUN BOARD MEMBER 1.00 X 0 0 0 GREG BROWN BOARD MEMBER 1.00 X 0 0 0 DONALD COOKE BOARD MEMBER 1.00 X 0 0 0 RICHARD COOPER BOARD MEMBER 1.00 X 0 0 0 ELLEN COSTELLO BOARD MEMBER 1.00 X 0 0 0 WILLIAM DALEY BOARD MEMBER 1.00 X 0 0 0 FRANCESCA DEBIASE BOARD MEMBER 1.00 X 0 0 0 JOHN DEBLASIO BOARD MEMBER 1.00 X 0 0 0 MARILYN DIAMOND BOARD MEMBER 1.00 X 0 0 0 EVELYN DIAZ BOARD MEMBER 1.00 X 0 0 0 CRAIG DUCHOSSOIS BOARD MEMBER 1.00 X 0 0 0 MARY DWYER BOARD MEMBER 1.00 X 0 0 0 RICHARD EDELMAN BOARD MEMBER 1.00 X 0 0 0 ZACH EGAN BOARD MEMBER 1.00 X 0 0 0 RICARDO ESTRADA BOARD MEMBER 1.00 X 0 0 0 CHARLES EVANS BOARD MEMBER 1.00 X 0 0 0 RAJ FERNANDO BOARD MEMBER 1.00 X 0 0 0 PAUL FINNEGAN BOARD MEMBER 1.00 X 0 0 0 MICHAEL FROY BOARD MEMBER 1.00 X 0 0 0 XUAN FU BOARD MEMBER 1.00 X 0 0 0 CHRIS GALVIN BOARD MEMBER 1.00 X 0 0 0 J DOUGLAS GRAY BOARD MEMBER 1.00 X 0 0 0 KAREN GRAY-KREHBIEL BOARD MEMBER 1.00 X 0 0 0 CARYN HARRIS BOARD MEMBER 1.00 X 0 0 0 BRETT HART BOARD MEMBER 1.00 X 0 0 0 FAY HARTOG-LEVIN BOARD MEMBER 1.00 X 0 0 0 BRAD HENDERSON BOARD MEMBER 1.00 X 0 0 0 MARK HOPLAMAZIAN BOARD MEMBER 1.00 X 0 0 0 DAVID JACOBSON BOARD MEMBER 1.00 X 0 0 0 JOYCE JOHNSON BOARD MEMBER 1.00 X 0 0 0 CHRIS KEOGH BOARD MEMBER 1.00 X 0 0 0 KIM KEYWELL BOARD MEMBER 1.00 X 0 0 0 BECKY KNIGHT BOARD MEMBER 1.00 X 0 0 0 SAJAL KOHLI BOARD MEMBER 1.00 X 0 0 0 ASHISH LAL BOARD MEMBER 1.00 X 0 0 0 ROBERT LIVINGSTON BOARD MEMBER 1.00 X 0 0 0 JOHN MADIGAN BOARD MEMBER 1.00 X 0 0 0 CRAIG MARTIN BOARD MEMBER 1.00 X 0 0 0 DORRI MCWHORTER BOARD MEMBER 1.00 X 0 0 0 LEO MELAMED BOARD MEMBER 1.00 X 0 0 0 CHARLES MOORE BOARD MEMBER 1.00 X 0 0 0 GREG MORRIS BOARD MEMBER 1.00 X 0 0 0 SUSAN MORRISON BOARD MEMBER 1.00 X 0 0 0 CLARE MUNANA BOARD MEMBER 1.00 X 0 0 0 JEFF NEAL BOARD MEMBER 1.00 X 0 0 0 PIN NI BOARD MEMBER 1.00 X 0 0 0 FUNMI OLOPADE BOARD MEMBER 1.00 X 0 0 0 DOUG PERTZ BOARD MEMBER 1.00 X 0 0 0 RICHARD PORTER BOARD MEMBER 1.00 X 0 0 0 JOSE LUIS PRADO BOARD MEMBER 1.00 X 0 0 0 ANNE PRAMAGGIORE BOARD MEMBER 1.00 X 0 0 0 QUINTIN PRIMO BOARD MEMBER 1.00 X 0 0 0 MARGOT PRITZKER BOARD MEMBER 1.00 X 0 0 0 RAGHURAM RAJAN BOARD MEMBER 1.00 X 0 0 0 SANJAY RISHI BOARD MEMBER 1.00 X 0 0 0 SHIRLEY RYAN BOARD MEMBER 1.00 X 0 0 0 SCOTT SANTI BOARD MEMBER 1.00 X 0 0 0 PAUL SCHICKLER BOARD MEMBER 1.00 X 0 0 0 ALEJANDRO SILVA BOARD MEMBER 1.00 X 0 0 0 ADELE SIMMONS BOARD MEMBER 1.00 X 0 0 0 JAMES SPRAYREGEN BOARD MEMBER 1.00 X 0 0 0 GLENN TILTON BOARD MEMBER 1.00 X 0 0 0 KAY TORSHEN BOARD MEMBER 1.00 X 0 0 0 FABRIZIO VALENTINI BOARD MEMBER 1.00 X 0 0 0 DAVID VITALE BOARD MEMBER 1.00 X 0 0 0 RICK WADDELL BOARD MEMBER 1.00 X 0 0 0 DECKER WALKER BOARD MEMBER 1.00 X 0 0 0 ALEX WASHINGTON BOARD MEMBER 1.00 X 0 0 0 MICHAEL WERNER BOARD MEMBER 1.00 X 0 0 0 ERIC WHITAKER BOARD MEMBER 1.00 X 0 0 0 KEITH WILLIAMS BOARD MEMBER 1.00 X 0 0 0 TOM WYLER BOARD MEMBER 1.00 X 0 0 0 ROBERT ZIMMER BOARD MEMBER 1.00 X 0 0 0 FRANCIE COMER BOARD MEMBER 1.00 X 0 0 0 ROBERT GIBBS BOARD MEMBER 1.00 X 0 0 0 WILLIAM OSBORN BOARD MEMBER 1.00 X 0 0 0 LARRY RICHMAN BOARD MEMBER 1.00 X 0 0 0 MORTON SCHAPIRO BOARD MEMBER 1.00 X 0 0 0 PAMELA SCHOLL BOARD MEMBER 1.00 X 0 0 0 MAURICE SMITH BOARD MEMBER 1.00 X 0 0 0 JENNIFER CIZNER CHIEF OPERATING OFFICER 40.00 X 226602 0 25843 ROBERT CORDES VP, FINANCE AND ADMIN 40.00 X 189857 0 27085 BRIAN HANSON VP, STUDIES 40.00 X 192186 0 22305 KELLY NORTON VP, DEVELOPMENT 40.00 X 175713 0 2511 DANIELLE HARBISON EXECUTIVE DIRECTOR, BCT 40.00 X 158032 0 20271 JONATHAN MACHA MANAGING DIRECTOR, PROGRAM 40.00 X 139434 0 18499 SAMANTHA MONROE MANAGING DIRECTOR, COMMUNI 40.00 X 144939 0 19158 DINA SMELTZ SENIOR FELLOW, PUBLIC OPIN 40.00 X 147649 0 19433 ROGER THUROW SENIOR FELLOW, GLOBAL FOOD 40.00 X 143351 0 18141 2107416 0 185552 12 0 1 0 AGENCY EA 311 W WALTON ST CHICAGO IL 60610 LOGISTICS CONSULTING FOR 2020 CHICAGO FO 684538 1 1096635 8381581 9478216 EMERGING LEADERS PARTICIPATION FE 900099 71000 71000 ADMISSION FEES 900099 22420 22420 OTHER EARNED INCOME 900099 9007 9007 102427 405740 405740 54468 0 54468 54468 54468 1233799 1059591 174208 174208 174208 132380 1096635 132380 0 10215059 156895 0 579948 10000 10000 1374011 631168 416459 326384 4660702 3521578 498383 640741 400685 291841 46144 62700 440495 320838 50727 68930 420200 306055 48391 65754 40034 5731 27488 6815 26000 26000 30843 30843 1020967 903301 81037 36629 252530 234822 956 16752 305911 230290 14839 60782 658794 567794 44236 46764 1261458 992142 123825 145491 82995 76700 3441 2854 763855 711485 27708 24662 529153 409132 57329 62692 33245 33245 OTHER EXPENSES 141290 65005 24354 51931 12453168 9277882 1555405 1619881 3177118 2991271 14473797 10404363 32745 73242 742491 569013 5299358 2079011 3174014 3220347 20269483 24235646 480109 140948 42349757 41634830 234171 334664 205606 71000 3348007 2865004 3787784 3270668 X 12369834 12437911 26192139 25926251 38561973 38364162 42349757 41634830 -2238109 2040298 0 X X 0 1 X 1 0 X 15316141 19343518 22096678 10247180 9610596 76614113 922116 1077506 780006 254139 102427 3136194 16238257 20421024 22876684 10501319 9713023 79750307 3018358 4904235 3390897 2673830 2633389 16620709 0 3018358 4904235 3390897 2673830 2633389 16620709 63129598 595653 1134208 1143502 492989 460208 3826560 595653 1134208 1143502 492989 460208 3826560 16833910 21555232 24020186 10994308 10173231 83576867 0.75530 0.75680 0.04580 0.04190 X PART III, SHORT YEAR EXPLANATION: THE 2019 TAX YEAR WAS A SHORT YEAR BEGINNING JULY 1, 2019 AND ENDING DECEMBER 31, 2019. THE ORGANIZATION CHANGED ITS FISCAL YEAR END FROM JUNE 30 TO DECEMBER 31ST, IN 2019. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25312001 379252 2435270 1425168 28471 26672884 23948248 598194 1193599 415457 12623 25312001 17027419 8075624 533774 1664790 23779 23948248 13257913 3750000 1059200 1020981 18713 17027419 12033649 947662 1677070 1382480 17988 13257913 0.52000 0.48000 0 0 2582591 771858 1810733 2716767 1307153 1409614 3220347 MUTUAL FUNDS 24235646 F 24235646 DEFERRED COMPENSATION PLAN LIABILITIES 140948 DEFERRED RENT 460674 LEASE INCENTIVE LIABILITY 2263382 2865004 X 12356894 2040298 132380 2172678 10184216 30843 30843 10215059 12554705 132380 132380 12422325 30843 30843 12453168 PART V, LINE 4: TO PROVIDE FUNDING FOR BOTH CURRENT AND FUTURE PROGRAMS AND INITIATIVES. PART X, LINE 2: THE COUNCIL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COUNCIL'S MANAGEMENT BELIEVES THAT THERE WAS NO UNRELATED BUSINESS INCOME NOR UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2018, AND ACCORDINGLY, THE FINANCIAL STATEMENTS CONTAIN NO PROVISIONS FOR INCOME TAXES. THE COUNCIL'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER IT IS FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST REVENUES 132,380. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES NETTED AGAINST INTEREST & DIVIDENDS 30,843. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST SPECIAL EVENT REVENUE 132,380. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES NETTED AGAINST INTEREST & DIVIDENDS 30,843. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES LEADERSHIP STUDY MISSION - ADVANCE PLANNING TRIP 10170 0 0 0 0 0 0 10170 0 10170 0 0 0 0 0 0 PART I, LINE 3: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PART III ACCOUNTING METHOD: GLOBAL LEADERSHIP AWARDS DINNER 1229015 1096635 132380 5000 127380 1229015 1096635 132380 5000 127380 132380 0 0 STIPEND 4 10000 X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 IVO DAALDER PRESIDENT 508892 0 80761 0 0 0 0 0 12306 0 601959 0 0 0 JENNIFER CIZNER CHIEF OPERATING OFFICER 226602 0 0 0 0 0 17362 0 8481 0 252445 0 0 0 ROBERT CORDES VP, FINANCE AND ADMIN 189857 0 0 0 0 0 14820 0 12265 0 216942 0 0 0 BRIAN HANSON VP, STUDIES 192186 0 0 0 0 0 14634 0 7671 0 214491 0 0 0 DANIELLE HARBISON EXECUTIVE DIRECTOR, BCT 158032 0 0 0 0 0 11958 0 8313 0 178303 0 0 0 KELLY NORTON VP, DEVELOPMENT 175713 0 0 0 0 0 1049 0 1462 0 178224 0 0 0 DINA SMELTZ SENIOR FELLOW, PUBLIC OPIN 147649 0 0 0 0 0 11191 0 8242 0 167082 0 0 0 SAMANTHA MONROE MANAGING DIRECTOR, COMMUNI 144939 0 0 0 0 0 11117 0 8041 0 164097 0 0 0 ROGER THUROW SENIOR FELLOW, GLOBAL FOOD 143351 0 0 0 0 0 7586 0 10555 0 161492 0 0 0 JONATHAN MACHA MANAGING DIRECTOR, PROGRAM 139434 0 0 0 0 0 10553 0 7946 0 157933 0 0 0 PART I, LINE 3 THE ORGANIZATION'S COMPENSATION COMMITTEE UTILIZED FORMS 990 OF OTHER ORGANIZATIONS AND A COMPENSATION STUDY TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO. THE COMPENSATION WAS APPROVED BY THE BOARD. PART I, LINE 4B IVO H. DAALDER - THE ORGANIZATION CONTRIBUTED $94,500 TO A NON-QUALIFIED RETIREMENT PLAN. DURING 2020, THE PARTICIPANT RECEIVED A PAYMENT FROM THE PLAN OF APPROXIMATELY $376,000. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS PAY DUES WHICH ENTITLE THEM TO ACCESS TO EVENTS, PUBLICATIONS AND CERTAIN RESOURCES OF THE COUNCIL. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED IN DETAIL BY THE AUDIT COMMITTEE. THIS COMMITTEE MET WITH THE AUDITOR/PREPARER PRIOR TO APPROVING THE RETURN. COPIES OF THE RETURN WERE THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, BOARD MEMBERS ARE REQUIRED TO SIGN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENTS, WHICH ARE SUBMITTED TO THE CHAIR OF THE NOMINATING AND GOVERNANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS EXECUTIVE COMPENSATION ON AN ANNUAL BASIS. THIS REVIEW PERIODICALLY INCLUDES THE USE OF COMPENSATION SURVEYS AND DATA FROM COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND ON THE COUNCIL'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND OF ITS FINANCIAL STATEMENTS, AND FOR THE SELECTION OF AN INDEPENDENT AUDITOR. THERE WAS NO CHANGE FROM THE PRIOR FISCAL YEAR.