2021-05-14T13:13:18-05:00 2020-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD 200 ARLINGTON VA 22203 990 2020-01-01 131945157 HUDSON INSTITUTE INC HUDS 2029742400 1201 PENNSYLVANIA AVENUE NW NO 4 WASHINGTON DC 20004 JOHN P WALTERS PRESIDENT AND CEO 2029742400 2021-05-10 1 JOHN WALTERS XXX-XX-XXXX MICHAELA J CROMAR CPA P00895728 5712279500 2021-05-10 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z JOHN P WALTERS 1201 PENNSYLVANIA AVENUE NW NO 400 WASHINGTON DC 20004 31900196 0 X WWW. HUDSON.ORG X 1961 NY HUDSON INSTITUTE IS AN INDEPENDENT RESEARCH ORGANIZATION PROMOTING STRONG AND ENGAGED U.S. INTERNATIONAL LEADERSHIP IN PARTNERSHIP WITH OUR ALLIES. 13 12 66 79 0 0 45156168 15356881 1240626 0 2645404 2191345 -283495 -49092 48758703 17499134 0 0 0 0 9728433 10172946 345958 130000 1148480 8201133 6572555 18275524 16875501 30483179 623633 78623532 85448216 4143060 6452476 74480472 78995740 HUDSON INSTITUTE'S MISSION IS PRIMARILY TO PROMOTE AMERICAN LEADERSHIP AND GLOBAL ENGAGEMENT FOR A SECURE, FREE, AND PROSPEROUS FUTURE. 0 0 10564387 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). 2641097 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). 13205484 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 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 1 110 0 66 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 12 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 X JOHN P WALTERS 2029742400 1201 PENNSYLVANIA AVENUE NW SUITE WASHINGTON DC 20004 KENNETH R WEINSTEIN PRESIDENT AND CEO 50.00 X X 718810 0 51399 SARAH MAY STERN CHAIRMAN 8.00 X 0 0 0 WALTER P STERN CHAIRMAN EMERITUS 1.00 X 0 0 0 MARIE-JOSEE KRAVIS 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 RAJEEV CHANDRASEKHAR TRUSTEE 1.00 X 0 0 0 JACK DAVID TRUSTEE 1.00 X 0 0 0 SHINYA KATANOZAKA TRUSTEE 1.00 X 0 0 0 LAURENCE C LEEDS JR TRUSTEE 1.00 X 0 0 0 RUSSELL PENNOYER TRUSTEE 1.00 X 0 0 0 GILBERT SCHARF TRUSTEE 1.00 X 0 0 0 MARGARET WHITEHEAD TRUSTEE 1.00 X 0 0 0 JOHN P WALTERS CHIEF OPERATING OFFICER 50.00 X 483854 0 48267 LEWIS LIBBY SENIOR VICE PRESIDENT 50.00 X 318166 0 41519 ANN MARIE HAUSER VP, PUBLIC AFFAIRS 50.00 X 245695 0 32033 DANIEL MCKIVERGAN VP, GOVERNMENT RELATIONS 50.00 X 238649 0 40700 JOEL SCANLON VP, STUDIES 50.00 X 220221 0 30995 MATT HUNTER VP, STRATEGIC PARTNERSHIPS 50.00 X 196483 0 10136 STEVE CORDER CFO AND TREASURER 50.00 X 192784 0 36182 VICTORIA MILLER CORPORATE SECRETARY 50.00 X 66851 0 14160 R BRIAN BLAKE VP, DEVELOPMENT 50.00 X 31934 0 8303 WALTER RUSSELL MEAD DISTINGUISHED FELLOW 50.00 X 330215 0 33797 ARTHUR HERMAN SENIOR FELLOW 50.00 X 280086 0 40571 MICHAEL DORAN SENIOR FELLOW 50.00 X 264723 0 46662 PATRICK CRONIN ASIA-PACIFIC SECURITY CHAIR 50.00 X 218137 0 20283 THOMAS DUESTERBERG SENIOR FELLOW 50.00 X 209800 0 17430 4016408 0 472437 28 0 1 0 DRAGOON STRATEGIES LLC 223 HANOVER ROAD PHOENIXVILLE PA 19460 CONSULTANT 250000 ARNOLD & PORTER KAYE SCHOLER LLP PO BOX 759451 BALTIMORE MD 21275 LAW FIRM 147070 SCOUT STRATEGY GROUP LLC 106 SPECTACLE LANE WILTON CT 06897 CONSULTANT 135000 CHRISTOPHER O'DEA INC 3150 N LAKESHORE DRIVE 7C CHICAGO IL 60657 CONSULTANT 120000 DAVID ROMLEY 16802 BAYWATCH COURT CORNELIUS NC 28031 CONSULTANT 120000 8 576182 520733 14259966 1059779 15356881 2101062 2101062 48 48 14436525 14346242 90283 90283 90283 5680 576182 54820 -49140 -49140 17499134 0 0 2142253 X 3027142 2421713 423801 181628 5795212 4636170 811329 347713 297223 237778 41611 17834 556382 445106 77893 33383 496987 397590 69578 29819 234480 53100 181261 119 76667 76667 130000 130000 5544 5516 28 2516226 2347805 42773 125648 111466 38697 67427 5342 323682 259158 21110 43414 2149610 1716560 308562 124488 173143 124145 15757 33241 75818 44989 15273 15556 546207 186170 324393 35644 37479 29910 5393 2176 ALL OTHER EXPENSES 132540 125185 6612 743 PRINTING, DESIGN AND DU 113904 91813 4004 18087 MEDIA PRODUCTION COST 40220 40194 26 0 BANK CHARGES 24093 1351 19398 3344 11476 8050 3153 273 16875501 13205484 2521537 1148480 3109 47 2063795 3046547 5632627 1619515 1119249 132813 60284 55787 6514540 2357704 1963950 4156836 67780518 76436671 78623532 85448216 3151232 995092 991828 0 0 5457384 4143060 6452476 X 63325124 65078109 11155348 13917631 74480472 78995740 78623532 85448216 X 623633 3989397 -97761 X 0 1 X 1 0 X 7209307 17948431 15317272 45156168 15356881 100988059 7209307 17948431 15317272 45156168 15356881 100988059 42980284 58007775 1142457 1151013 1419477 2011449 2101110 7825506 180 180 108813745 2524528 0.53310 0.51640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63853378 1173106 6025729 2314000 68738213 33238105 22739319 9537953 1662000 63853377 38344309 380172 -3566376 1920000 33238105 30285409 6085299 3487601 1514000 38344309 27745163 41576 4025670 1527000 30285409 0.91000 0.09000 0 0 5473720 1598217 3875503 1040820 759487 281333 4156836 DEFERRED RENT 2135585 LEASEHOLD INCENTIVE LIABILITY 2437092 AMOUNTS HELD FOR THIRD PARTIES 884707 5457384 X 21537461 3989397 3989397 17548064 5890 -54820 -48930 17499134 17022193 152581 152581 16869612 5890 5890 16875502 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 -54,820. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE PRIOR YEAR PLEDGES 97,761. FUNDRAISING EXPENSES 54,820. X X X X X X X 1 DAVID THOMAS ROMLEY 16802 BAYWATCH COURT CORNELIUS NC 28031 FUNDRAISING CONSULTING 0 0 0 120000 AMERICAN PHILANTHROPIC 18 N CHURCH STREET 2 WEST CHESTER PA 19380 FUNDRAISING CONSULTING 0 0 0 10000 130000 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 YEAR-END VIRTUAL EVENT 514362 514362 29886 SCHWEITZER DINNER 67500 61820 5680 20909 4025 581862 576182 5680 20909 33911 54820 -49140 X 1 1 X X X 0 0 0 0 0 0 0 1 0 KENNETH R WEINSTEIN PRESIDENT AND CEO 368810 0 350000 0 0 0 22800 0 28599 0 770209 0 0 0 JOHN P WALTERS CHIEF OPERATING OFFICER 433854 0 50000 0 0 0 18844 0 29423 0 532121 0 0 0 WALTER RUSSELL MEAD DISTINGUISHED FELLOW 330215 0 0 0 0 0 22800 0 10997 0 364012 0 0 0 LEWIS LIBBY SENIOR VICE PRESIDENT 318166 0 0 0 0 0 22800 0 18719 0 359685 0 0 0 ARTHUR HERMAN SENIOR FELLOW 280086 0 0 0 0 0 22800 0 17771 0 320657 0 0 0 MICHAEL DORAN SENIOR FELLOW 264723 0 0 0 0 0 20878 0 25784 0 311385 0 0 0 DANIEL MCKIVERGAN VP, GOVERNMENT RELATIONS 238649 0 0 0 0 0 15333 0 25367 0 279349 0 0 0 ANN MARIE HAUSER VP, PUBLIC AFFAIRS 245695 0 0 0 0 0 20000 0 12033 0 277728 0 0 0 JOEL SCANLON VP, STUDIES 220221 0 0 0 0 0 18000 0 12995 0 251216 0 0 0 PATRICK CRONIN ASIA-PACIFIC SECURITY CHAIR 218137 0 0 0 0 0 0 0 20283 0 238420 0 0 0 STEVE CORDER CFO AND TREASURER 192784 0 0 0 0 0 16000 0 20182 0 228966 0 0 0 THOMAS DUESTERBERG SENIOR FELLOW 209800 0 0 0 0 0 15250 0 2180 0 227230 0 0 0 MATT HUNTER VP, STRATEGIC PARTNERSHIPS 196483 0 0 0 0 0 0 0 10136 0 206619 0 0 0 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 10 1059779 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 AND WALTER STERN 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, COO, 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 TOOK PLACE IN 2020 AS WELL. 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 1,272,075. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 3,000. TOTAL EXPENSES 1,275,075. CONSULTANT- HONORARIA: PROGRAM SERVICE EXPENSES 253,599. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 10,000. TOTAL EXPENSES 263,599. CONSULTANT- IT: PROGRAM SERVICE EXPENSES 32,400. MANAGEMENT AND GENERAL EXPENSES 32,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,150. OTHER: PROGRAM SERVICE EXPENSES 789,731. MANAGEMENT AND GENERAL EXPENSES 10,023. FUNDRAISING EXPENSES 112,648. TOTAL EXPENSES 912,402. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PRIOR PERIOD PLEDGES -97,761. HUDSON ANALYTICAL SERVICES INC 1201 PENNSYLVANIA AVE NW SUITE 400 WASHINGTON DC 20004 351645201 RESEARCH NY HUDSON INSTITUTE INC C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0