2021-08-10T16:41:55-05:00 2020-09-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2019-10-01 133048638 COMMUNITY RESOURCE EXCHANGE INC COMM 2128943394 228 PARK AVE S PMB 78695 NEW YORK NY 100031502 KATHARINE J LEONBERGER PRESIDENT & CEO 2128943394 2021-08-09 1 JAMES J REILLY P00183769 2126617777 2019 2022-09-23 18:48:47Z X TILOMA JAYASINGHE 228 PARK AVE S PMB 78695 NEW YORK NY 100031502 4531229 0 X WWW.CRENYC.ORG X 1979 NY CRE HELPS NONPROFIT LEADERS BUILD SUSTAINABLE, HIGH-PERFORMING ORGANIZATIONS THAT IMPROVE PEOPLE'S LIVES AND DRIVE SOCIAL CHANGE. 10 10 40 10 0 0 1831272 1933248 2225762 1480417 160329 98567 231258 15031 4448621 3527263 0 0 0 0 3154340 3343714 0 0 50886 1147731 887446 4302071 4231160 146550 -703897 5224904 4953418 649169 1081172 4575735 3872246 X SEE SCHEDULE O. 0 0 3448991 1496618 SEE SCHEDULE O. 3448991 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 54 0 1 40 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 NY X X TILOMA JAYASINGHE 2128943394 228 PARK AVE S PMB 78695 NEW YORK NY 100031502 KATHARINE J LEONBERGER PRESIDENT AND CEO 40.00 X 237299 0 36494 JEAN R LOBELL CHIEF PROGRAM OFFICER 40.00 X 164362 0 18185 JEFFERSON A BALLOW DIRECTOR OF CONSULTING 40.00 X 119787 0 30084 TRACEY K ALLARD DIRECTOR OF CULTURE AND EQUITY STRATEGIES 40.00 X 143310 0 22882 RANDALL K QUAN SENIOR CONSULTANT 40.00 X 117994 0 17083 UNIQUE A BRATHWAITE DIRECTOR OF STRATEGIC DEVELOPMENT 40.00 X 116486 0 10261 BROOKE RICHIE-BABBAGE CHAIR 4.00 X X 0 0 0 TANYA MUJICA KEENAN TREASURER 2.00 X X 0 0 0 BENJAMIN F LORICK SECRETARY 2.00 X X 0 0 0 MARGARET BOOTH BOARD MEMBER 2.00 X 0 0 0 GREGG S FISHER BOARD MEMBER 2.00 X 0 0 0 RIA TABACCO MAR BOARD MEMBER 2.00 X 0 0 0 AMER S AHMED BOARD MEMBER 2.00 X 0 0 0 JERRY H MARCUS BOARD MEMBER 2.00 X 0 0 0 ED HENRY BOARD MEMBER 2.00 X 0 0 0 ANNE H HESS BOARD MEMBER 2.00 X 0 0 0 899238 0 134989 8 0 1 0 0 116842 860366 956040 1933248 CONSULTING FEES 541610 1395988 1395988 DYCD - CONTRACTS 900099 74256 74256 DYCD - CONTRACTS 900099 10173 10173 1480417 51771 51771 56283 0 56283 56283 56283 913154 866358 46796 46796 46796 80155 116842 137608 -57453 -57453 OTHER INCOME 900099 16201 16201 16201 3527263 1496618 0 97397 315890 258809 53644 3437 2433951 1980539 426775 26637 85914 73814 11204 896 306299 263161 39942 3196 201660 173259 26297 2104 26700 19491 6675 534 4905 4905 195383 153014 39231 3138 65489 51669 12232 1588 343064 253036 83359 6669 21169 15453 5293 423 14178 10463 3440 275 SUBCONTRACTORS & CLIENT 97717 97717 SUBSCRIPTIONS & MEMBERS 54926 43678 9721 1527 MARKETING & COMMUNICATI 24115 18836 4995 284 STAFF DEVELOPMENT 21040 19260 1648 132 18760 16792 1922 46 4231160 3448991 731283 50886 500 0 3418138 3381714 88620 131742 833704 582265 187044 128536 376324 365816 27561 10508 669337 718653 5224904 4953418 420247 297758 228922 196173 587241 649169 1081172 X 3228170 3265356 1347565 606890 4575735 3872246 5224904 4953418 -703897 408 0 X 0 1 X 1 0 X 2034648 2349423 2654990 1831272 1933248 10803581 2034648 2349423 2654990 1831272 1933248 10803581 958790 9844791 155463 148294 138036 159216 108054 709063 300 243 16201 16744 11529388 9170535 0.85390 0.87980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1501354 1501354 1501354 1501354 1351354 150000 1501354 1351354 1351354 1474195 122841 1351354 1.00000 0 0 201615 201615 0 174709 164201 10508 10508 3565639 408 42873 43281 3522358 4905 4905 3527263 4269128 42873 42873 4226255 4905 4905 4231160 PART V, LINE 4: UNRESTRICTED MONIES OR ASSETS CONTRIBUTED TO CRE WHICH ARE DESIGNATED BY THE BOARD OF DIRECTORS TO PROVIDE LONG-TERM FINANCIAL SUPPORT FOR USES INCLUDING INVESTMENTS AND EMERGENCIES. USE OF THESE FUNDS REQUIRES BOARD APPROVAL. HOUSE PARTY 196997 116842 80155 54436 22642 60530 196997 116842 80155 54436 22642 60530 137608 -57453 X X X 0 0 0 0 0 0 0 0 0 KATHARINE J LEONBERGER PRESIDENT AND CEO 227299 0 10000 0 0 0 12346 0 24148 0 273793 0 0 0 JEAN R LOBELL CHIEF PROGRAM OFFICER 155362 0 9000 0 0 0 7629 0 10556 0 182547 0 0 0 TRACEY K ALLARD DIRECTOR OF CULTURE AND EQUITY STRAT 138130 0 5180 0 0 0 11399 0 11483 0 166192 0 0 0 PART III - LINE 1 COMMUNITY RESOURCE EXCHANGE, INC. ("CRE") IS A NONPROFIT CONSULTING FIRM THAT PROVIDES THE STRATEGIES AND TOOLS NEEDED TO BUILD SUSTAINABLE, HIGH-PERFORMING ORGANIZATIONS THAT IMPROVE PEOPLE'S LIVES AND DRIVE SOCIAL CHANGE. WE PARTNER WITH NONPROFITS, FOUNDATIONS, AND GOVERNMENT AGENCIES TO SET AMBITIOUS GOALS FOR SUCCESS AND THEN WE HELP THEM GET THERE. TOGETHER WE WORK TO REDUCE POVERTY, PROMOTE EQUITY, AND INCREASE OPPORTUNITY. WE BELIEVE THAT SOCIAL SECTOR ORGANIZATIONS DESERVE ACCESSIBLE SOLUTIONS TO THE CHALLENGES THEY FACE. WE UNDERSTAND THAT EACH ORGANIZATION IS DIFFERENT, AND OUR CUSTOMIZED CONSULTING, COACHING, PEER-BASED LEARNING, TRAINING, AND ASSESSMENT REFLECT THIS. AS A NONPROFIT OURSELVES, WE BELIEVE THAT SOCIAL SECTOR ORGANIZATIONS DESERVE ACCESSIBLE SOLUTIONS TO THE CHALLENGES THEY FACE. OUR DIVERSE TEAM OF EXPERT CONSULTANTS PROVIDE CUSTOMIZED STRATEGIES THAT BLEND DEEP CONSULTING EXPERIENCE AND OPERATIONAL EXPERTISE TO HELP LEADERS SUCCEED IN AN ENVIRONMENT OF COMPLEXITY AND CHANGE. WE TAP THE TRANSFORMATIVE POWER OF ASSESSMENT, DATA, STRATEGY, LEADERSHIP, AND COLLABORATION TO HELP ORGANIZATIONS PLAN SMARTLY, OPERATE EFFECTIVELY, AND PRODUCE RESULTS. PART III - LINE 4A STARTED OVER 40 YEARS AGO, OUR WORK TODAY SUPPORTS AND STRENGTHENS OVER 500 SOCIAL SECTOR ORGANIZATIONS ANNUALLY. THROUGH THIS WORK, WE IMPACT THE LIVES OF OVER 3.5 MILLION PEOPLE EACH YEAR WHO ARE AFFECTED BY PRESSING SOCIAL ISSUES SUCH AS, EDUCATION, HOUSING, WORKFORCE DEVELOPMENT, AND COMMUNITY REVITALIZATION. CRE'S FOUR SERVICE LINES STRATEGY AND PLANNING, ORGANIZATIONAL MANAGEMENT, TALENT AND INNOVATION, AND LEADERSHIP DEVELOPMENT ARE DELIVERED IN THE FOLLOWING MODALITIES: ONE-TO-ONE CONSULTING, PEER-BASED LEARNING, TRAINING, COACHING, AND ASSESSMENT. STRATEGY AND PLANNING CRE APPROACHES PLANNING AS A PROCESS IN WHICH THE BEST DECISIONS ARE MADE NOW TO THEN GUIDE THE ORGANIZATION IN THE FUTURE. WE PARTNER WITH OUR CLIENTS TO ENSURE THEY ARE INFORMED BY MEANINGFUL DATA INCLUDING INPUT FROM BOTH THEIR CONSTITUENTS AND STAKEHOLDERS THAT LEADS TO IMPLEMENTABLE DECISIONS. PLANNING ALIGNS STAKEHOLDERS, ESTABLISHES CLEAR GOALS FOR SUCCESS, AND SUPPORTS ORGANIZATIONS IN SUSTAINING THE MOST EFFECTIVE USE OF LIMITED RESOURCES WHILE MAXIMIZING MEASURABLE IMPACT. THE END-GOAL OF ALL PLANNING ENGAGEMENTS IS TO ENABLE NONPROFITS TO BETTER ACHIEVE THEIR MISSIONS IN A FINANCIALLY SUSTAINABLE WAY. STRATEGY AND PLANNING OFFERINGS INCLUDE: THEORY OF CHANGE, STRATEGIC PLANNING, BUSINESS PLANNING, PROGRAM PLANNING, OUTCOMES MEASUREMENT, COMMUNITY COLLABORATION, AND STRATEGIC ALLIANCES. ORGANIZATIONAL MANAGEMENT CRE UNDERSTANDS THAT NONPROFITS OPERATE IN A COMPLEX ENVIRONMENT AND WORKS WITH THEM TO PRIORITIZE IMPACT AND SUSTAINABILITY AS THEY GROW. WE USE CUSTOMIZED ASSESSMENT TOOLS AND METHODS TO HELP ORGANIZATIONS DETERMINE WHAT CHANGES THEY SHOULD IMPLEMENT, WHEN, AND WHY. WE PARTNER WITH EACH NONPROFIT CLIENT TO ACHIEVE THESE RESULTS, PAYING CLOSE ATTENTION TO WHAT IS REQUIRED TO ENVISION AND MANAGE CHANGE. WHETHER IT IS BOARD DEVELOPMENT, HR MANAGEMENT, OR RISK ASSESSMENT, OUR TEAM'S EXTENSIVE KNOWLEDGE PAIRED WITH OUR PRACTICAL APPROACH ALLOWS NONPROFITS TO ACHIEVE BETTER RESULTS. ORGANIZATIONAL MANAGEMENT OFFERINGS INCLUDE: BOARD DEVELOPMENT, ORGANIZATIONAL ASSESSMENT, RISK MANAGEMENT, CHANGE MANAGEMENT, FINANCIAL MANAGEMENT, HUMAN RESOURCE MANAGEMENT, AND IMPLEMENTATION SUPPORT. TALENT AND INNOVATION AT CRE, WE BELIEVE THAT HAVING THE RIGHT PEOPLE IN THE RIGHT ROLES IS ESSENTIAL TO AN ORGANIZATION'S GROWTH AND SUCCESS. OUR TALENT MANAGEMENT AND INNOVATION PRACTICE NOT ONLY FOCUSES ON DEVELOPING PRACTICES, PROCESSES, AND SYSTEMS THAT ATTRACT, DEVELOP, AND RETAIN TALENT, BUT ALSO ADDRESSES TEAM EFFECTIVENESS, CULTURE CHANGE, AND EXECUTIVE SEARCH. WE ALSO CHALLENGE OURSELVES AND OUR CLIENTS TO USE APPROACHES THAT FOSTER INNOVATION BY PUTTING THE RECIPIENTS OF A NONPROFIT'S SERVICES AT THE CENTER OF ORGANIZATIONAL PLANNING, SO THAT TOGETHER WE DEVELOP BOLD IDEAS THAT BETTER SERVE OUR COMMUNITIES. THESE OFFERINGS INCLUDE: INNOVATION; DIVERSITY, EQUITY, AND INCLUSION; CULTURE CHANGE; TEAM EFFECTIVENESS; EXECUTIVE SEARCH; AND TALENT MANAGEMENT. LEADERSHIP DEVELOPMENT BUILDING EFFECTIVE LEADERS IS AT THE HEART OF WHAT WE DO AT CRE. WE STRENGTHEN THE LEADERSHIP CAPABILITIES OF ESTABLISHED AND EMERGING NONPROFIT LEADERS THROUGH PEER-BASED LEARNING, CUSTOMIZED TRAINING, AND EXECUTIVE COACHING. BECAUSE MOST PEOPLE LEARN BEST BY DOING, WE USE ADULT LEARNING THEORIES IN OUR LEADERSHIP DEVELOPMENT TRAININGS AND COACHING ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 8B WHILE NOTES ARE TAKEN DURING COMMITTEE MEETINGS AND RECOMMENDATIONS OF THE COMMITTEES ARE NOTED IN BOARD MEETING MINUTES, SEPARATE FORMAL MINUTES OF COMMITTEE MEETINGS ARE NOT PREPARED. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS USED BY COMMUNITY RESOURCE EXCHANGE, INC. TO REVIEW FORM 990 BEFORE FILING IS: 1. OUTSIDE AUDITING FIRM PREPARES CRE'S 990 ONCE AUDIT IS COMPLETED; 2. 990 IS REVIEWED BY MANAGEMENT AND AN ELECTRONIC DRAFT IS FORWARDED TO THE FINANCE/AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND COMMENTS; 3. STAFF AND FINANCE/AUDIT COMMITTEE COMMENTS ARE DISCUSSED WITH AUDITORS AND A FINAL DRAFT IS CREATED; 4. A FINAL DRAFT IS THEN FORWARDED TO THE BOARD OF DIRECTORS WHICH IS GIVEN 2-5 BUSINESS DAYS TO REVIEW. 5. COMMENTS FROM THE BOARD OF DIRECTORS ARE FORWARDED TO MANAGEMENT. 6. MANAGEMENT APPROVES 990 FOR FILING AND 990 IS FILED WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C CRE REQUIRES ITS DIRECTORS, OFFICERS AND KEY EMPLOYEES TO DISCLOSE TO THE BOARD CHAIR OR HER DESIGNEE PRIOR TO THE OPENING OF ANY NEGOTIATIONS OR DISCUSSIONS CONCERNING A TRANSACTION. IN ADDITION TO THIS CONTINUING OBLIGATION, INTERESTED PERSONS COVERED BY THE POLICY MUST AGAIN DISCLOSE POTENTIAL CONFLICTS FROM THE PREVIOUS YEAR AT THE END OF EACH FISCAL YEAR. ALL INTERESTED PERSONS COVERED BY THE POLICY MUST PREPARE A BRIEF LETTER DESCRIBING THE TRANSACTION, THEIR INTEREST IN IT, AND WHY THE TRANSACTION IS IN THE BEST INTEREST OF CRE. THE TRANSACTION IS THEN REVIEWED CAREFULLY TO ENSURE THAT IT SHOULD BE ENTERED INTO. IF A CONFLICT OF INTEREST EXISTS, THE INTERESTED PARTY IS EXCLUDED FROM THE BOARD DISCUSSION AND APPROVAL OF SUCH TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS USED BY CRE FOR DETERMINING AND DOCUMENTING COMPENSATION FOR THE PRESIDENT & CEO IS: 1. CRE HUMAN RESOURCES (HR) STAFF COMPILES A SURVEY ON COMPENSATION PAID BY SIMILARLY SITUATED ORGANIZATIONS FOR COMPARABLE POSITIONS AND PROVIDES THE DATA TO THE CRE HR BOARD HUMAN RESOURCES COMMITTEE; 2. THE BOARD HUMAN RESOURCES COMMITTEE REVIEWS THE COMPARABILITY DATA; 3. THE HUMAN RESOURCES COMMITTEE COMPARES THE PROPOSED SALARIES FOR THE EMPLOYEE WITH THE COMPARABLE DATA, DETERMINES THE REASONABLENESS OF THE PROPOSED COMPENSATION PACKAGE. IF THE COMMITTEE DETERMINED THE REASONABLE COMPENSATION IS HIGHER OR LOWER THAN THE RANGE OF COMPARABLE DATA OBTAINED, THEY ARTICULATE THE BASIS FOR DETERMINATION; AND 4. THE HUMAN RESOURCES COMMITTEE TAKES THE CEO COMPENSATION RECOMMENDATION TO THE FULL BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 CRE MAKES ITS AUDITED FINANCIAL STATEMENTS AND 990 AVAILABLE TO THE PUBLIC BY POSTING THEM ON ITS WEBSITE. IN ADDITION, CRE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AT 42 BROADWAY, 20TH FLOOR, NEW YORK, NY 10004 OR BY CALLING (212) 894-3394.