2021-08-31T10:29:11-05:00 2020-12-31 BKD LLP 2700 Post Oak Blvd Ste 1500 HOUSTON TX 77056 990 2020-01-01 760386539 Center for Houston's Future Inc % GERALDINE RICHARDS CENT 7138449303 701 Avenida de las Americas Ste 900 Houston TX 77010 BRETT PERLMAN PRESIDENT AND CEO 7138449303 2021-05-15 true Brett Perlman XXX-XX-XXXX Amanda Maya P01067777 7134994600 2 2020 2022-09-23 18:48:47Z BRETT PERLMAN 701 AVENIDA DE LAS AMERICAS HOUSTON TX 77010 1223903 false X WWW.CENTERFORHOUSTONSFUTURE.ORG X 1992 TX THE CENTER INSPIRES LEADERS TO IDENTIFY MATTERS OF THE HIGHEST IMPORTANCE TO THE LONG-TERM FUTURE OF THE GREATER HOUSTON REGION & TO COLLABORATE IN ADDRESSING THOSE CHALLENGES 24 22 6 40 0 0 1139427 957863 319995 264450 0 0 0 1590 1459422 1223903 0 0 0 0 759527 850623 34000 11000 138401 690924 241151 1484451 1102774 -25029 121129 314082 381299 334784 280872 -20702 100427 X THE CENTER FOR HOUSTON'S FUTURE WORKS TO ADDRESS MATTERS OF HIGHEST IMPORTANCE TO THE LONG-TERM FUTURE OF THE GREATER HOUSTON REGION, BY ENGAGING DIVERSE LEADERS, PROVIDING IMPACTFUL RESEARCH, AND DEFINING ACTIONABLE STRATEGIES. WE BRING BUSINESS, GOVERNMENT, AND COMMUNITY TOGETHER TO INNOVATE FOR THE FUTURE OF THE GREATER HOUSTON REGION. CHF IS AN ORGANIZATION DEVOTED EXCLUSIVELY TO THINKING AND ACTING STRATEGICALLY FOR THE FUTURE OF THE REGION. false false 534612 132950 STRATEGIC PLANNING & RESEARCH: IN COLLABORATION WITH STAKEHOLDERS FROM BUSINESS, COMMUNITY AND ACADEMIA, CHF WORKS TO IDENTIFY THE IMPORTANT LONG-RANGE ISSUES FACING THE GREATER HOUSTON REGION AND FACILITATES PROGRAMS & INITIATIVES TO DEVELOP & IMPLEMENT SOLUTIONS TO PROBLEMS, AND TO TAKE ADVANTAGE OF OPPORTUNITIES. WE EXECUTE DATA-DRIVEN RESEARCH AND SOLICIT A RANGE OF COMMUNITY INPUT. IN 2020, THE CENTER UNDERTOOK WORK IN THE FOLLOWING AREAS: IMMIGRATION: WE WORK TO GUIDE BUSINESS AND COMMUNITY LEADERS TO DEVELOP A GREATER UNDERSTANDING OF HOW IMMIGRATION IS INTEGRAL TO THE SUCCESS OF THE REGION'S ECONOMY AND TO BUILD CONSENSUS AROUND SOLUTIONS. WE PARTNERED AND COLLABORATED WITH A RANGE OF LOCAL, STATE AND NATIONAL ORGANIZATIONS ON OUR WORK. WE HELD A SERIES OF ROUNDTABLES FOCUSED ON VARIOUS SECTORS OF THE ECONOMY TO CONTINUE STUDYING THE IMPORTANT ECONOMIC CONTRIBUTIONS OF IMMIGRATIONS TO OUR ECONOMY. (RESEARCH GATHERED WAS USED FOR A STUDY RELEASED IN EARLY 2021). WE PRESENTED 3 WEBCASTS TO THE PUBLIC LOOKING AT ESSENTIAL WORKERS, THE CONSTRUCTION INDUSTRY, AND HOW TO COMMUNICATE ABOUT IMMIGRATION. WE BUILT NEW OR REVITALIZED PARTNERSHIPS WITH A SERIES OF ORGANIZATIONS. WE FACILITATED A VIRTUAL NETWORKING/MENTORING SESSION FOR DACA COLLEGE STUDENTS. WE WORKED WITH A FILM PRODUCTION COMPANY, RATIONAL MIDDLE, TO PROMOTE TWO, SHORT FACT-BASED DOCUMENTARY VIDEOS. AND WE DID MEDIA OUTREACH, INCLUDING INTERVIEWS AND AN OP-ED. ENERGY, ENERGY TRANSITION AND CLIMATE: WE WORK TO ENSURE THAT THE HOUSTON REGION LEADS AND THRIVES DURING THE ENERGY TRANSITION. WE ARE HELPING TO CATALYZE NEW MARKETS AND DECARBONIZATION EFFORTS LOCALLY AND ELSEWHERE. IN 2020, WE MOVED FORWARD ON OUR RESEARCH AND COMMUNITY AWARENESS ON HOUSTON'S LOW-CARBON ENERGY FUTURE, WITH A MARKET ASSESSMENT, VIRTUAL SUMMIT, AND COLLABORATIONS. WE COMPLETED, IN COLLABORATION WITH UNIVERSITY OF HOUSTON AND KPMG, AN IN-DEPTH RESEARCH REPORT, HOUSTON: THE LOW-CARBON ENERGY CAPITAL, FOUR WAYS FORWARD, THAT LOOKS AT FOUR CRITICAL AREAS THAT WILL HELP DIRECT OUR WORK FOR 2021 AND BEYOND: CARBON CAPTURE, HYDROGEN, LOW-CARBON GRID, AND ADVANCED PLASTICS RECYCLING. WE HELD OUR SECOND ANNUAL LOW-CARBON ENERGY SUMMIT, A 2-DAY, VIRTUAL EVENT FOCUSED ON INNOVATION. IT DREW OVER 500 PARTICIPANTS, 40+ SPEAKERS AND MEDIA COVERAGE. WE BEGAN ALSO BUILDING OUR EXPERTISE IN LOW-CARBON HYDROGEN. WE ALSO COLLABORATED WITH FRENCH AMERICAN CHAMBER, ATLANTIC COUNCIL AND A SERIES OF OTHER ORGANIZATIONS ON EVENTS AND VIRTUAL WORKSHOPS. WE ALSO WORKED WITH TEXAS 2036 TO ASSESS EFFECTS OF VARIOUS OIL PRICE SCENARIOS ON THE TEXAS ECONOMY ON A MAJOR RESEARCH REPORT FOR RELEASE IN 2021. HEALTH: WE FINISHED DATA ANALYSIS AND INTERVIEWS FOR, AND THEN RELEASED A MAJOR REPORT ON THE FUTURE OF THE HOUSTON REGION'S HEALTH CARE SECTOR. THE REPORT, HOUSTON'S ECONOMIC FUTURE: HEALTH CARE, PRODUCED WITH SUPPORT FROM HCA HOUSTON HEALTHCARE, INCLUDES FORECASTS ON EMPLOYMENT AND GDP, SUMMARIES OF KEY TRENDS SHAPING THE LOCAL INDUSTRY AND RECOMMENDATIONS FOR MAXIMIZING THE SECTOR'S ECONOMIC BENEFITS TO THE REGION. WE ALSO INCLUDED LESSONS LEARNED AND RECOMMENDATIONS RELATED TO COVID-19. ONE FINDING WAS THAT BETWEEN 2019 AND 2036, 1 IN 4 OF ALL JOBS ADDED WITHIN THE REGION WILL BE CREATED IN THE HEALTH CARE SECTOR. WORKFORCE PIPELINE WILL BE CRITICAL. OPPORTUNITY FOR ADDITIONAL GROWTH BY CULTIVATING HOUSTON'S LIFE SCIENCES INDUSTRIES. WE HELD A VIRTUAL RELEASE EVENT THAT INCLUDED PANELISTS WHO SPOKE, AMONG OTHER TOPICS, ON HEALTH EQUITY IN THE WAKE OF COVID-19. 202691 121500 BUSINESS/CIVIC LEADERSHIP FORUM: EVERYTHING WE DO IS DESIGNED TO SUPPLY LEADERS WITH SOLID DATA, AND TO NURTURE AND DEVELOP THE TALENTS THAT CREATE VISIONARY LEADERS. WITH OUR TWICE-ANNUAL LEADERSHIP FORUMS, WE IMMERSE PROVEN PROBLEM SOLVERS IN THE ISSUES. WE ARM THEM WITH DATA, INTRODUCE THEM TO THE EXPERTS, PROVIDE CONTEXT AND INFORMATION, AND THEN SEND THEM OUT ON "LEARNING JOURNEYS" TO GRAPPLE WITH THE ISSUES AND PROBLEMS FIRST-HAND. WE INSPIRE THESE DIVERSE LEADERS TO BECOME JUST AS PASSIONATE ABOUT CIVIC ENGAGEMENT AS THEY ARE ABOUT THEIR BOTTOM LINE. FOR BOTH EMERGING AND PROVEN LEADERS, OUR BUSINESS/CIVIC LEADERSHIP FORUMS DEVELOP A DEEPER UNDERSTANDING OF THE CHALLENGES IN OUR COMMUNITY AND FOSTER A NEW SENSE OF RESPONSIBILITY FOR THE FUTURE. IN 2020, WE CANCELLED OUR SPRING LEADERSHIP FORUM AND PIVOTED TO OUR-FIRST EVENT VIRTUAL FORUM FOR THE FALL. WE HAD 35 PARTICIPANTS WHO HAD THE CHANCE TO HEAR FROM A DIVERSE MIX OF TOP COMMUNITY LEADERS. OUR OVERALL GRADUATE NETWORK ROSE TO MORE THAN 1,175 BY THE END OF 2020. OUR ENGAGED AND EXPANDED STEERING COMMITTEE BEGAN DELIVERING NEW GRADUATE-DRIVEN PROGRAMMING, SUCH AS THE VIRTUAL BROWN BAG/LUNCH-AND-LEARN SERIES. WE ALSO CONNECTED OUR GRADUATE NETWORK TO THE CENTER'S BOARD BY ADDING A DESIGNATED BOARD SEAT. WE ALSO FOLD IN AREAS IN STRATEGIC INITIATIVE PROGRAMS WHEN POSSIBLE. 46958 10000 COMMUNITY ENGAGEMENT: THE END GAME IS FINDING AND IMPLEMENTING SOLUTIONS. CREATING COMMUNITY AWARENESS AND DIALOGUE IS A KEY TO SUCCESS. WE DO THIS BY HOSTING TWO HIGH-IMPACT, THOUGHT-LEADERSHIP EVENTS EACH YEAR AND OTHER TARGETED EVENTS AROUND ISSUES BOTH RELATED TO AND OUTSIDE OF STRATEGIC INITIATIVE TOPIC AREAS. IN 2020, CHF, LIKE NONPROFITS ACROSS THE COUNTRY, WAS FORCED TO CANCEL OUR IN-PERSON EVENTS DUE TO COVID-19. WE QUICKLY PIVOTED TO A SERIES OF MORE THAN A DOZEN WEBCASTS, PROVIDING PERSPECTIVES ON OUR CORE AREAS OF FOCUS. THAT INCLUDED OUR (1) LEADERSHIP IN TIMES OF CRISIS WEBCAST SERIES: 11 PROGRAMS FEATURED LOCAL AND NATIONAL EXPERTS, ATTRACTING MORE THAN 1,100 ATTENDEES, FOCUSED ON STRATEGIES FOR LEADING DURING AND AFTER A CRISIS. (2) ENERGY AND IMMIGRATION WEBCASTS: PROGRAMS ON OUR KEY FOCUS AREAS. (3) COMMUNITY EVENTS: WEBINAR ON COMMUNICATING ABOUT VACCINES. 784261 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false true false false false false false false false false false false false false false true 6 0 true 6 true false false false false false false false false false false false false X 24 22 false false false false false false false true true false false true true true true true true true true false X GERALDINE RICHARDS 7138443600 701 AVENIDA DE LAS AMERICAS STE 90 HOUSTON TX 77010 BRETT PERLMAN PRESIDENT AND CEO 40.0 0.0 X X 331340 0 10850 LAURA GOLDBERG VP STRATEGIC INITIATIVES &COMM 40.0 0.0 X 121238 0 17312 RUSSELL RICHARD VP LEADERSHIP AND ENGAGEMENT 40.0 0.0 X 114588 0 9412 ANDY STEINHUBL DIRECTOR 1.0 0.0 X 0 0 0 ASTLEY BLAIR CHAIRMAN 1.0 0.0 X X 0 0 0 BRENT A BENOIT DIRECTOR 1.0 0.0 X 0 0 0 FREDDY WARNER DIRECTOR 1.0 0.0 X 0 0 0 GEORGE DEMONTROND EX OFFICIO 1.0 0.0 X 0 0 0 HARRIS KEMPNER JR DIRECTOR 1.0 0.0 X 0 0 0 JIM AJELLO DIRECTOR 1.0 0.0 X 0 0 0 JONATHAN HOMEYER DIRECTOR 1.0 0.0 X 0 0 0 KAREN OTAZO HOFMEISTER PHD DIRECTOR 1.0 0.0 X 0 0 0 KENNETH GUIDRY DIRECTOR 1.0 0.0 X 0 0 0 MANOLO SANCHEZ DIRECTOR 1.0 0.0 X 0 0 0 ROBERT W HARVEY EX OFFICIO 1.0 0.0 X 0 0 0 SCOTT BALLARD DIRECTOR 1.0 0.0 X 0 0 0 BOBBY TUDOR EX OFFICIO 1.0 0.0 X 0 0 0 STAN MAREK DIRECTOR 1.0 0.0 X 0 0 0 STEPHEN KLINEBERG PHD DIRECTOR 1.0 0.0 X 0 0 0 NORY ANGEL DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM CLAYTON DIRECTOR 1.0 0.0 X 0 0 0 Y PING SUN DIRECTOR 1.0 0.0 X 0 0 0 LICIA GREEN DIRECTOR 1.0 0.0 X 0 0 0 JULIET MCBRIDE DIRECTOR 1.0 0.0 X 0 0 0 BRUCE MANN DIRECTOR 1.0 0.0 X 0 0 0 KENNETH MERCADO DIRECTOR 1.0 0.0 X 0 0 0 GERALDINE RICHARDS TREASURER 1.0 0.0 X 0 0 0 567166 0 37574 3 false true false 0 104240 853623 957863 Tuition Revenue 900099 121500 121500 Program Fees 900099 6850 6850 Other Program Revenue 900099 136100 136100 264450 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other Revenue 1590 1590 1590 1223903 264450 1590 X 0 0 0 0 604740 439551 87788 77401 0 162040 117789 23509 20742 2238 1624 328 286 34431 24988 5043 4400 47174 34236 6909 6029 0 0 19240 19240 0 11000 11000 0 171851 140921 19290 11640 441 160 257 24 10565 3944 6296 325 14434 6711 3766 3957 0 0 664 572 32 60 0 607 193 343 71 0 0 1248 1248 1561 1561 Miscellaneous Expenses 8065 7270 795 PRINTING AND PUBLICATION 12475 6302 3707 2466 1102774 784261 180112 138401 230139 266172 0 0 67291 72043 6000 37860 0 0 0 0 0 0 0 0 7577 3397 13865 12038 3075 1827 0 0 0 0 0 0 0 0 0 0 314082 381299 210405 90467 0 0 9000 31500 0 0 0 0 0 0 0 0 50000 25000 65379 133905 334784 280872 X -148700 61663 127998 38764 -20702 100427 314082 381299 121129 X false true X true false X 960587 703614 1283479 1139427 957863 5044970 0 0 960587 703614 1283479 1139427 957863 5044970 607797 4437173 0 0 0 0 0 0 0 1590 1590 5046560 1267600 0.87925 0.90796 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13865 12038 1827 1827 0 PAYABLE TO GREATER HOUSTON PTRSHIP 133905 133905 X 1364771 140868 140868 1223903 1223903 1243642 140868 140868 1102774 1102774 SCHEDULE D, PART X, LINE 2 LIABILITY FOR UNCERTAIN TAX POSITIONS THE CENTER IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS A PUBLICLY-SUPPORTED ORGANIZATION UNDER SECTION 509(A)(1) AND SECTION 170(B)(1)(A)(VI). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE CENTER'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CENTER AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CENTER HAS TAKEN A TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE CENTER'S MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CENTER, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2020 AND 2019, THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CENTER IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X X X X false false false false false false false true false BRETT PERLMAN PRESIDENT AND CEO 273336 0 50000 0 8004 0 3747 0 7103 0 342190 0 0 0 SCHEDULE J, PART I, LINE 7 DISCRETIONARY BONUS REVIEW AND APPROVAL PROCESS - CEO AND TOP MANAGEMENT THE SEARCH COMMITTEE CONDUCTED A REVIEW OF COMPENSATION DATA SUPPLIED BY THE SVP OF HUMAN RESOURCES OF THE GREATER HOUSTON PARTNERSHIP FOR SIMILAR ORGANIZATIONS 990 DATA AND COMPENSATION COMPARABLE DATA. THE BONUS RECOMMENDATION IS REVIEWED AND APPROVED BY THE BOARD. MAREK FOUNDATION CONTROLLED BY DIRECTOR FUNDING X 75000 25000 false true true 25000 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE 990 IS REVIEWED BY THE CFO, THE PRESIDENT, AND THE AUDIT COMMITTEE OF THE GREATER HOUSTON PARTNERSHIP, AND SENT TO THE MEMBERS OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICTS EACH BOARD MEMBER IS REQUIRED TO COMPLETE THE ORGANIZATION'S ETHICS FORM. THE ANSWERS ARE EVALUATED FOR CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION REVIEW AND APPROVAL PROCESS - CEO AND TOP MANAGEMENT THE SEARCH COMMITTEE CONDUCTED A REVIEW OF SALARY DATA SUPPLIED BY THE SVP OF HUMAN RESOURCES OF THE GREATER HOUSTON PARTNERSHIP FOR SIMILAR ORGANIZATIONS 990 DATA AND SALARY COMPARABLE DATA. THE SALARY RECOMMENDATION IS REVIEWED AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION REVIEW AND APPROVAL PROCESS - OTHER OFFICERS OR KEY EMPLOYEES SALARIES ARE DETERMINED IN COORDINATION WITH THE SVP HUMAN RESOURCES OF THE GREATER HOUSTON PARTNERSHIP BASED ON COMPARABLE POSITION DATA REVIEWED BY THE CEO AND THE CFO. FORM 990, PART VI, SECTION C, LINE 19 OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE UPON REQUEST. FORM 990, PART V, LINE 2A EMPLOYEES ARE CO-EMPLOYEES WITH INSPERITY, UNDER A PEO AGREEMENT. PAYROLL REPORTING AND RELATED TAX PAYMENTS ARE MADE UNDER THEIR TAX ID. FORM 990 PART IX LINE 11G DESCRIPTION:PROFESSIONAL SERVICES TOTAL FEES:171851