2020-10-30T09:08:46-05:00 2019-12-31 420714325 RSM US LLP 2021 L STREET NW 400 WASHINGTON DC 20036 990 2019-01-01 363814358 WOMEN IN CABLE TELECOMMUNICATIONS WOME 2000 K ST NW STE 350 NO 350 WASHINGTON DC 20006 MARIA BRENNAN PRESIDENT AND CEO 7032349801 2020-10-30 1 MIKE SORRELLS P00001737 2022932200 2020-10-30 66.98.98.9 2020-10-30 08:59:02 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 1FE53BDFCB5A9E7ADF2C1FAEFD07FCB2349EA307 2019 2021-01-29 14:40:06Z MARIA BRENNAN 2000 K ST NW STE 350 NO 350 WASHINGTON DC 20006 7416933 0 X WWW.WICT.ORG X 1980 IL WICT DEVELOPS WOMEN LEADERS WHO TRANSFORM OUR INDUSTRY. 26 25 21 660 0 0 279980 429000 5940782 5980237 392576 336431 529942 395244 7143280 7140912 25000 0 0 0 2420596 2568515 0 0 295353 3536840 3785424 5982436 6353939 1160844 786973 12007918 14561652 1550780 1618584 10457138 12943068 X WICT DEVELOPS WOMEN LEADERS WHO TRANSFORM OUR INDUSTRY. 0 0 786622 1167484 BETSY MAGNESS LEADERSHIP INSTITUTE: KNOWN AS BMLI, THIS PROGRAM SUPPORTS 54 WOMEN IN THE CURRENT CLASSES AND OVER 1,000 INSTITUTE GRADUATES. BMLI IS DESIGNED TO ELEVATE WOMEN LEADERS IN THE CABLE AND TELECOMMUNICATIONS INDUSTRY. STRUCTURED INTROSPECTION, GRAPPLING WITH UNIVERSAL PROFESSIONAL CHALLENGES AND THE OPPORTUNITY TO SHIFT PERSPECTIVES WITHIN AN EMPOWERING LEARNING COMMUNITY ENABLES FELLOWS TO MAKE THE TRANSITION FROM EFFECTIVE MANAGERS TO ENDURING LEADERS. BY MAKING GENUINE CONNECTIONS WITHIN THEIR CLASS, FELLOWS EMERGE WITH A COMMITTED PASSION TO SHARE WHAT THEY'VE LEARNED WITH THEIR TEAMS, COMPANIES AND THE INDUSTRY AS A WHOLE. 628346 791600 RISING LEADERS PROGRAM: WICT'S RISING LEADERS PROGRAM (RLP) SEEKS INDUSTRY PROFESSIONALS WHO ARE READY TO CHALLENGE THEIR SKILLS AND TAKE THE NEXT STEP TOWARDS DESIGNING THEIR INDIVIDUAL LEADERSHIP BLUEPRINT. DURING AN INTENSIVE WEEK-LONG IMMERSION PROGRAM, PARTICIPANTS WILL TAKE PART IN LEADERSHIP ANALYSIS, CASE STUDY WORK, CABLE BUSINESS ACUMEN AND TACTICAL PERSONAL LEADERSHIP SKILL DEVELOPMENT. THIS PROGRAM IS LIMITED TO SIX CLASSES OF 30 WOMEN. PARTICIPANTS ACCEPTED INTO RLP HAVE DEMONSTRATED THEIR POTENTIAL, AS WELL AS THEIR DESIRE, FOR LEADERSHIP AND CAREER ADVANCEMENT. THEY MUST BE APPROVED AND SUPPORTED BY THEIR COMPANIES TO PARTICIPATE IN RLP AS THIS IS A COMPETITIVE APPLICATION BASED PROGRAM. 607260 1209317 WICT'S LEADERSHIP CONFERENCE:OVER 800 ATTENDEES AT A TWO DAY CONFERENCE ON LEADERSHIP FOR WOMEN AT THE CEO, PRESIDENT, VICE PRESIDENT AND DIRECTOR LEVEL IN THE CABLE TELECOMMUNICATIONS INDUSTRY. WOMEN AND MEN LEARN ABOUT BEST PRACTICES FOR SENIOR LEADERS; HOW TO IMPROVE THEIR LEADERSHIP SKILLS; HOW TO MANAGE A TEAM OF EMPLOYEES FROM DIFFERENT DEPARTMENTS. 404671 254835 SENIOR EXECUTIVES SUMMIT 404731 0 INITIATIVES 247295 1659774 MEMBERSHIP 179618 231750 EXECUTIVE DEVELOPMENT SERIES 194383 238402 BETSY MAGNESS GRADUATE INSTITUTE 59430 36500 PROFESSIONAL EDUCATION 52832 40000 TECH IT OUT 624006 OTHER SERVICES 298004 350575 SPECIAL EVENTS 2464970 2811836 4487198 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 1 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 19 0 1 21 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 25 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 IL X THE ORGANIZATION 2028274794 2000 K ST NW STE 350 NO 350 WASHINGTON DC 20006 MARVA JOHNSON CHAIR 4.00 X X 0 0 0 SANDY HOWE VICE CHAIR 4.00 X X 0 0 0 JOCELYN COOLEY TREASURER 4.00 X X 0 0 0 CATHERINE BOHIGIAN STRATEGIC PLANNING CMTE CH 4.00 X 0 0 0 JEN NEAL CHAPTER DEVELOPMENT CMTE CHAIR 4.00 X 0 0 0 MICHELLE RICE DEVELOPMENT CMTE CHAIR 4.00 X 0 0 0 LEIGH WOSARD INDUSTRY RELATIONS COMMITT 4.00 X 0 0 0 KAREN BENNETT AT-LARGE DIRECTOR 4.00 X 0 0 0 MORGAN BONDON AT-LARGE DIRECTOR 4.00 X 0 0 0 KAREN BUCHHOLZ AT-LARGE DIRECTOR 4.00 X 0 0 0 JUSTIN CONNOLLY AT-LARGE DIRECTOR 4.00 X 0 0 0 RHONDA CRICHLOW AT-LARGE DIRECTOR 4.00 X 0 0 0 LAUREN DOLAN AT-LARGE DIRECTOR 4.00 X 0 0 0 JODI FRIEDMAN AT-LARGE DIRECTOR 4.00 X 0 0 0 CATHERINE FRYMARK AT-LARGE DIRECTOR 4.00 X 0 0 0 GEORGIA JUVELIS AT-LARGE DIRECTOR 4.00 X 0 0 0 SLOAN KENNEDY AT-LARGE DIRECTOR 4.00 X 0 0 0 MARY MCLAUGHLIN AT-LARGE DIRECTOR 4.00 X 0 0 0 FERNANDA MERODIO AT-LARGE DIRECTOR 4.00 X 0 0 0 JUDITH MILLS AT-LARGE DIRECTOR 4.00 X 0 0 0 LISA ROSENBLUM AT-LARGE DIRECTOR 4.00 X 0 0 0 PERI SHAMSAI AT-LARGE DIRECTOR 4.00 X 0 0 0 DEBBIE STANG AT-LARGE DIRECTOR 4.00 X 0 0 0 MICHELLE STRONG AT-LARGE DIRECTOR 4.00 X 0 0 0 ALAKA WILLIAMS AT-LARGE DIRECTOR 4.00 X 0 0 0 ANGELA SANTONE AT-LARGE DIRECTOR 4.00 X 0 0 0 MARIA BRENNAN PRESIDENT & CEO 40.00 X X 751010 0 47867 LESA FARIS CHIEF DEVELOPMENT OFFICER 40.00 X 208975 0 20093 REBECCA WALKER CHIEF FINANCIAL OFFICER 40.00 X 222658 0 21832 JOANNA DEES VP, EDUCATIONAL PROGRAMS 40.00 X 132229 0 6612 KRISTIN EDWARDS AVP, INDUSTRY RELATIONS & EXT COMM 40.00 X 104299 0 4773 GREG HICKMAN SVP, TECH & DIGITAL COMM 40.00 X 140824 0 17863 HASSANA HOWE VP, MEMBERSHIP & CHAPTERS 40.00 X 136730 0 13185 1696725 0 132225 8 0 1 0 CENTER FOR CREATIVE LEADERSHIP ONE LEADERSHIP PLACE GREENSBORO NC 27410 BMLI FACILITATORS 541540 STANFORD UNIVERSITY 655 KNIGHT WAY STANFORD CA 943057298 SES FACILITATORS 355957 PROTEUS INTERNATIONAL 123 N 3RD STREET SUITE 510 MINNEAPOLIS MN 55401 RLP FACILITATORS 318105 MERCER 1050 CONNECTICUT AVE NW SUITE 700 WASHINGTON DC 20036 RESEARCH CONSULTING 130121 4 197400 231600 429000 CONFERENCES & SEMINARS 900099 3933388 3813388 120000 MEMBERSHIP DUES & REBATES 900099 1659774 1659774 SPONSORSHIPS 900099 350575 350575 PROFESSIONAL EDUCATION 900099 36500 36500 5980237 336431 336431 669500 197400 276021 393479 393479 MISCELLANEOUS 900099 1765 1765 1765 7140912 5509662 0 1202250 1283106 795151 366062 121893 1070055 663122 305280 101653 215354 133456 61439 20459 9501 9501 63953 63953 429910 51903 378007 5443 5443 344045 184689 158975 381 324729 324729 172951 153863 12104 6984 2277185 2216857 58233 2095 116166 116166 21295 21295 PLAQUES AND AWARDS 56697 41366 15331 PRINTING 19192 15171 4021 TAXES -8600 -8600 ALLOCATION -47043 226177 -315108 41888 6353939 4487198 1571388 295353 506509 283769 210000 210000 29235 47884 373413 401925 1855067 1662240 307567 192827 10581194 13425247 12007918 14561652 619250 474350 558797 833332 372733 310902 1550780 1618584 X 9846170 12324168 610968 618900 10457138 12943068 12007918 14561652 786973 1698957 0 X X 0 1 X 1 0 X 2073357 2056087 1808393 1866366 2088774 9892977 2073357 2056087 1808393 1866366 2088774 9892977 965427 8927550 260339 215022 260467 260290 336431 1332549 1514 177713 850 1750 1765 183592 11409118 12840449 0.78250 0.81060 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INCOME FROM ACTIVITIES NOT NORMALLY RECURRING RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 610968 7932 618900 688672 -77704 610968 676493 12179 688672 669095 7398 676493 703593 -34498 669095 0.73740 0.26260 0 0 381679 243188 138491 276543 236118 40425 1196845 1182934 13911 192827 DEFERRED RENT LIABILITY 310902 310902 17712607 1698957 8660670 276021 10635648 7076959 63953 63953 7140912 15226677 8660670 276021 8936691 6289986 63953 63953 6353939 PART V, LINE 4: WICT'S ENDOWMENT FUND INCLUDES A PERMANENTLY RESTRICTED FUND THAT IS A TRADITIONAL DONOR-RESTRICTED ENDOWMENT FUND ESTABLISHED TO SUPPORT WOMEN'S LEADERSHIP PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII 276,021. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII 276,021. SIGNATURE LUNCH 431400 132400 299000 37780 77442 81609 TOUCHSTONE LUNCH 435500 65000 370500 10000 55332 13858 866900 197400 669500 47780 132774 95467 276021 393479 X X X 0 1 0 0 0 0 0 0 0 MARIA BRENNAN PRESIDENT & CEO 583092 0 150838 0 17080 0 14000 0 35586 0 800596 0 0 0 LESA FARIS CHIEF DEVELOPMENT OFFICER 190587 0 18388 0 0 0 9653 0 12390 0 231018 0 0 0 REBECCA WALKER CHIEF FINANCIAL OFFICER 203088 0 19270 0 300 0 11562 0 17272 0 251492 0 0 0 GREG HICKMAN SVP, TECH & DIGITAL COMM 127528 0 12737 0 559 0 7324 0 15073 0 163221 0 0 0 HASSANA HOWE VP, MEMBERSHIP & CHAPTERS 124014 0 12500 0 216 0 6875 0 7906 0 151511 0 0 0 PART I, LINE 4B PRESIDENT & CEO MARIA BRENNAN RECEIVED $16,800 IN SECTION 457F COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 THE SEVEN MEMBERSHIP CLASSES ARE AS FOLLOWS: REGULAR MEMBERSHIP- SUCH MEMBERS ARE ENTITLED TO ONE VOTE AND MAY HOLD OFFICE AND SERVE ON THE NATIONAL OR CHAPTER LEVEL BOARD OF DIRECTORS. EXECUTIVE MEMBERSHIP- THESE MEMBERS ARE ENTITLED TO ONE VOTE AND MAY HOLD OFFICE AND SERVE ON THE NATIONAL OR CHAPTER LEVEL BOARD OF DIRECTORS. CHARTER MEMBERSHIP- SUCH MEMBERS MAY UPGRADE THEIR STATUS TO EXECUTIVE IF THEY MEET EXECUTIVE MEMBERSHIP CRITERIA. ENTRY LEVEL MEMBERSHIP- THESE MEMBERS DO NOT HAVE VOTING RIGHTS AND CANNOT SERVE IN AN APPOINTED OR ELECTED OFFICE. EXECUTIVE LIFE MEMBERSHIP- SUCH MEMBERS ARE ENTITLED TO ONE VOTE AND MAY HOLD OFFICE AND SERVE ON THE NATIONAL OR CHAPTER LEVEL BOARD OF DIRECTORS. HONORARY MEMBERSHIP- THOSE CONFERRED HONORARY MEMBERSHIP DO NOT RECEIVE A VOTE AND CANNOT SERVE IN AN APPOINTED OR ELECTED OFFICE. STUDENT MEMBERSHIP- STUDENT MEMBERS DO NOT HAVE VOTING RIGHTS OR THE RIGHTS TO SERVE IN AN APPOINTED OR ELECTED OFFICE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE FOLLOWING CLASSES MAY USE THEIR VOTING RIGHTS TO ELECT NOMINEES FOR POSITIONS IN THE GOVERNING BODY: -REGULAR MEMBERS -EXECUTIVE MEMBERS -EXECUTIVE LIFE MEMBERS FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED AND REVIEWED BY AN OUTSIDE CPA FIRM. THE RETURN IS THEN REVIEWED BY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST COMPLETE A FORM DISCLOSING CONFLICTS, IF ANY, OR SUBMIT A STATEMENT THAT NO CONFLICTS EXIST. IF A CONFLICT OR POTENTIAL CONFLICT OF INTEREST IS DISCLOSED, IT IS UP TO THE EXECUTIVE COMMITTEE OF THE BOARD TO DETERMINE WHETHER A CONFLICT EXISTS. IF SO, A BOARD MEMBER IS NOT PERMITTED TO VOTE ON ANY DECISIONS RELATED TO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, AND OF ANY OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION, SHALL BE DETERMINED IN ACCORDANCE WITH THIS POLICY. KEY EMPLOYEES COVERED BY THIS POLICY SHALL BE DESIGNATED, FROM TIME TO TIME, BY THE BOARD OF DIRECTORS. WICT USES COMPARABILITY DATA TO DETERMINE SALARIES FOR THE PRESIDENT AND CEO AND OTHER KEY EMPLOYEES. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING SUCH DATA DURING THE 4TH QUARTER OF EACH YEAR. ALL COMPENSATION ARRANGEMENTS SUBJECT TO THIS POLICY MUST BE APPROVED IN ADVANCE BY AN AUTHORIZED BODY OF THE ORGANIZATION THAT IS COMPOSED OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST CONCERNING THE TRANSACTION. MEMBERS OF THE AUTHORIZED BODY WHO MAY HAVE A CONFLICT OF INTEREST SHALL REFRAIN FROM PARTICIPATING IN THE APPROVAL OF THE COMPENSATION ARRANGEMENT AND, IF THEY DO, SHALL NOT BE CONSIDERED AS DISQUALIFYING THE BODY FROM CONSIDERING THE ARRANGEMENT. THE AUTHORIZED BODY CONSIDERING COMPENSATION ARRANGEMENTS UNDER THIS POLICY WILL BE THE EXECUTIVE COMMITTEE, OR THE BOARD OF DIRECTORS MAY ASSUME JURISDICTION IN THE REVIEW OF SPECIFIC COMPENSATION ARRANGEMENTS AT THE BOARD'S DISCRETION. HOWEVER, THE BOARD OF DIRECTORS WILL BE THE ONLY AUTHORIZED BODY FOR REVIEW OF COMPENSATION ARRANGEMENTS INVOLVING THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OR ANY OTHER OFFICER OF THE ORGANIZATION. AT THE DISCRETION OF THE BOARD OF DIRECTORS OR THE EXECUTIVE COMMITTEE, THE PRESIDENT AND CHIEF EXECUTIVE OFFICER MAY ALSO BE DELEGATED THE RESPONSIBILITY FOR REVIEWING EMPLOYEE COMPENSATION ARRANGEMENTS OTHER THAN THOSE FOR HIS/HER OWN COMPENSATION, AND, IN THOSE CASES, THE TERM AUTHORIZED BODY, AS CONTAINED HEREIN, SHALL REFER TO THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. PRIOR TO MAKING A DETERMINATION ON COMPENSATION ARRANGEMENTS SUBJECT TO THIS POLICY, THE AUTHORIZED BODY SHALL OBTAIN AND RELY ON APPROPRIATE DATA AS TO COMPARABILITY. SUCH DATA WILL ASSIST THE AUTHORIZED BODY IN DETERMINING WHETHER THE COMPENSATION ARRANGEMENT IS COMPARABLE TO ARRANGEMENTS MADE BY OTHER FOR-PROFIT AND NOT-FOR-PROFIT ORGANIZATIONS FOR INDIVIDUALS IN SIMILAR POSITIONS. THE AUTHORIZED BODY SHALL ADEQUATELY AND TIMELY DOCUMENT THE BASIS FOR ITS DETERMINATION ON COMPENSATION ARRANGEMENTS CONCURRENTLY WITH MAKING THAT DETERMINATION. THE DOCUMENTATION OF THE AUTHORIZED BODY SHALL INCLUDE THE TERMS OF THE TRANSACTION AND THE DATE OF ITS APPROVAL, THE MEMBERS OF THE AUTHORIZED BODY PRESENT DURING THE DEBATE AND VOTE ON THE TRANSACTION, THE COMPARABILITY DATA OBTAINED AND RELIED UPON, THE ACTIONS OF ANY MEMBERS OF THE AUTHORIZED BODY HAVING A CONFLICT OF INTEREST, AND DOCUMENTATION OF THE BASIS FOR THE DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE AUDIT OVERSIGHT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.