EXECUTIVES CLUB OF CHICAGO: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
EXECUTIVES CLUB OF CHICAGO (EIN 36-1054078)
Tax period
2018-07-01 to 2019-06-30
Filed
2019-11-14
IRS object ID
201923189349313817
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-14T15:34:06-08:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Prado & Renteria CPAs Prof CorpBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11837 S Michigan Ave 2nd FlAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60616ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN361054078EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE EXECUTIVES' CLUB OF CHICAGOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEXECBusinessNameControlTxt
Phone3122633500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18 SOUTH MICHIGAN AVENUEAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60603ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARGARET M MUELLERPersonNm
Person TitleCEOPersonTitleTxt
Phone3122633500PhoneNum
Signature2019-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPatricia FearPreparerPersonNm
PTINP01966576PTIN
Phone3125671330PhoneNum
Preparation2019-11-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address98.227.1.147IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-14IPDt
IP Tm15:33:53IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdEEB55B548A7B3FB739B790A2A24DD4749DD819E6AtSubmissionCreationDeviceId
At Submission Filing Device Id3F6EE077D64F504EFBD03D5D3E8BC1D093C0B1F3AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARGARET M MUELLERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line18 SOUTH MICHIGAN AVENUEAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60603ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,121,698GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.EXECUTIVESCLUB.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1911FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTO BE CHICAGO'S PREMIER RESOURCES FOR CONNECTING, DEVELOPING, AND GROWING BEST-IN-CLASS LEADERS TO PROVIDE ESTABLISHED AND EMEREGING LEADERS OPPORTUNITIES TO DEVELOP AND NURTURE MEANINGFUL RELATIONSHIPS,ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent27VotingMembersIndependentCnt
Total Employee20TotalEmployeeCnt
Total Volunteers2TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$3,669,189PYProgramServiceRevenueAmt
CY Program Service Revenue$3,106,726CYProgramServiceRevenueAmt
PY Investment Income$1,992PYInvestmentIncomeAmt
CY Investment Income$14,972CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,671,181PYTotalRevenueAmt
CY Total Revenue$3,121,698CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,055,532PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,601,228CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,799,424PYOtherExpensesAmt
CY Other Expenses$1,994,840CYOtherExpensesAmt
PY Total Expenses$3,854,956PYTotalExpensesAmt
CY Total Expenses$3,596,068CYTotalExpensesAmt
PY Revenues Less Expenses-$183,775PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$474,370CYRevenuesLessExpensesAmt
Total Assets BOY$1,970,586TotalAssetsBOYAmt
Total Assets EOY$1,382,272TotalAssetsEOYAmt
Total Liabilities BOY$931,562TotalLiabilitiesBOYAmt
Total Liabilities EOY$817,618TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,039,024NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$564,654NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO BE CHICAGO'S PREMIER RESOURCE FOR CONNECTING, DEVELOPING, AND GROWING BEST-IN-CLASS LEADERS TO PROVIDE ESTABLISHED AND EMERGING LEADERS OPPORTUNITIES TO DEVELOP AND NURTURE MEANINGFUL RELATIONSHIPS, PARTICIPATE IN INNOVATIVE PROGRAMMING, AND GAIN WORLD-CLASS KNOWLEDGE THAT WILL EXPAND PERSPECTIVES AND SHARPEN CAPABILITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,440,106ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescSIGNATURE SERIES: THE SIGNATURE SERIES DELIVERS AN EXTENSIVE PORTFOLIO OF EVENTS EACH SEASON, WHICH PRESENT INFLUENTIAL GLOBAL LEADERS, CURRENT BUSINESS AND ECONOMIC TRENDS AND BEST PRACTICES THAT RESPOND TO THE INTERESTS OF THE BUSINESS COMMUNITY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$522,031ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescLEADERSHIP DEVELOPMENT: THE LEADERSHIP CIRCLE IS A FORUM FOR EMERGING LEADERS TO EXCHANGE IDEAS WITH OTHER DIVERSE MINDS. IT PROVIDES CHICAGO'S EMERGING LEADERS WITH ACCESS TO SENIOR EXECUTIVES THROUGH THE CITY'S PREMIER MENTORSHIP PROGRAMS AND EVENTS, AS WELL AS OUTSTANDING NETWORKING OPPORTUNITIES WHERE THESE EXECUTIVES LEARN FROM THEIR PEERS, AS WELL AS GAIN FROM THE PERSPECTIVES AND KNOWLEDGE OF EXPERIENCED LEADERS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$442,106ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescMEMBERSHIP:THE CLUB'S MEMBERSHIP ACTIVITIES AIM TO PROVIDE SUPPORT, HELP RECRUIT, AND RETAIN MEMBERS THROUGH EDUCATING THEM ON MEMBER BENEFITS AND MEMBER VALUE BY VIRTUE OF BEING A MEMBER OF THE CLUB.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$396,370ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescForums programDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$396,370TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,800,613TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document14IRPDocumentCnt
IRP Document W2 G28IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee20EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsYes (true)NondeductibleContributionsInd
Nondeductible Contri DisclYes (true)NondeductibleContriDisclInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member27IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROYAL JOHNSONPersonNm
Phone3122633500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18 SOUTH MICHIGAN AVE STE 320AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60603ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
TONISE PAUL
CHAIR3.00Yes (X)Yes (X)$0$0$0
CARL E VANDER WILT
BOARD DIRECTOR/INTERIM CEO SEPTEMBER 2018-JANUARY 20191.00Yes (X)Yes (X)$61,875$0$0
JOHN JCONROY JR
SECRETARY1.00Yes (X)Yes (X)$0$0$0
DEBORAH DEHAAS
PAST CHAIR1.00Yes (X)Yes (X)$0$0$0
DEAN M HARRISON
FIRST VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
SCOTT C SWANSON
SECOND VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
ANA C DUTRA
CHIEF EXECUTIVE OFFICER40.00Yes (X)Yes (X)$330,187$0$7,307Yes (X)Yes (X)Yes (X)
MARGARET M MUELLER
CHIEF EXECUTIVE OFFICER40.00Yes (X)Yes (X)$0$0$0
CYNTHIA A PONDELICEK
DIRECTOR ENGAGEMENT40.00Yes (X)$124,948$0$6,324Yes (X)
JAMES COLEMAN
DIRECTOR1.00Yes (X)$0$0$0
MARSHA CRUZAN
DIRECTOR1.00Yes (X)$0$0$0
MARY DILLON
DIRECTOR1.00Yes (X)$0$0$0
RICHARD EDELMAN
DIRECTOR1.00Yes (X)$0$0$0
JOHN ETTELSON
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL FLANNERY
DIRECTOR1.00Yes (X)$0$0$0
DAVID HANFLAND
DIRECTOR1.00Yes (X)$0$0$0
ROGER HOCHSCHILD
DIRECTOR1.00Yes (X)$0$0$0
LINDA IMONTI
DIRECTOR1.00Yes (X)$0$0$0
JAMES KOLAR
DIRECTOR1.00Yes (X)$0$0$0
CONNIE LINDSEY
DIRECTOR1.00Yes (X)$0$0$0
JOHN MARTIN
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH NELLIGAN
DIRECTOR1.00Yes (X)$0$0$0
DANIELA O'LEARY-GILL
DIRECTOR1.00Yes (X)$0$0$0
STEFANO PESSINA
DIRECTOR1.00Yes (X)$0$0$0
RICHARD PRICE
DIRECTOR1.00Yes (X)$0$0$0
JOHN PRINCE
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL REINSDORF
DIRECTOR1.00Yes (X)$0$0$0
LARRY RICHMAN
DIRECTOR1.00Yes (X)$0$0$0
THOMAS RICKETTS
DIRECTOR1.00Yes (X)$0$0$0
DICK VIE
DIRECTOR1.00Yes (X)$0$0$0
JAMES ZALLIE
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$517,010TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$13,631TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

FieldValueIRS element (for citing)
PersonEGON ZEHNDERPersonNm

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 N UPPER WACKER DR SUITE 4800AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
ServicesPROFESSIONAL SERVICESServicesDesc
Compensation$154,976CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
SPONSORSHIP900099$1,174,600$0$0
MEMBERSHIP DUES900099$746,541$0$0
PROGRAM ATTENDANCE & FORUM900099$778,612$0$0
BARTER INCOME900099$200,098$0$0
LEADERSHIP DEVELOPMENT900099$206,875$0$0
FieldValueIRS element (for citing)
Total Program Service Revenue$3,106,726TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,972TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,121,698TotalRevenueColumnAmt
Related Or Exempt Func Income$3,121,698RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$599,545TotalAmt
Program Services$178,300ProgramServicesAmt
Management And General$421,245ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$715,412TotalAmt
Program Services$715,412ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$36,137TotalAmt
Program Services$36,137ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$148,481TotalAmt
Program Services$140,143ProgramServicesAmt
Management And General$8,338ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$101,653TotalAmt
Program Services$68,369ProgramServicesAmt
Management And General$33,284ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$85,650TotalAmt
Program Services$60,891ProgramServicesAmt
Management And General$24,759ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$536,822TotalAmt
Program Services$410,534ProgramServicesAmt
Management And General$126,288ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$32,435TotalAmt
Program Services$29,095ProgramServicesAmt
Management And General$3,340ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$128,142TotalAmt
Program Services$106,714ProgramServicesAmt
Management And General$21,428ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$268,877TotalAmt
Program Services$226,672ProgramServicesAmt
Management And General$42,205ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$143,565TotalAmt
Program Services$102,065ProgramServicesAmt
Management And General$41,500ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$33,887TotalAmt
Program Services$27,070ProgramServicesAmt
Management And General$6,817ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$44,794TotalAmt
Program Services$31,845ProgramServicesAmt
Management And General$12,949ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,314TotalAmt
Program Services$4,489ProgramServicesAmt
Management And General$1,825ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BANQUET CHARGES$535,239$535,239$0$0
Dues & Subscriptions$5,739$4,381$1,358$0
BARTER EXPENSES$173,376$123,257$50,119$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,596,068TotalAmt
Program Services$2,800,613ProgramServicesAmt
Management And General$795,455ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,017,285BOYAmt
EOY$475,107EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$672,602BOYAmt
EOY$599,775EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$86,353BOYAmt
EOY$153,525EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$58,008BOYAmt
EOY$43,243EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$550,267LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$439,645LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$136,338BOYAmt
EOY$110,622EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,970,586BOYAmt
EOY$1,382,272EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$317,040BOYAmt
EOY$257,394EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$577,050BOYAmt
EOY$532,795EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$37,472BOYAmt
EOY$27,429EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$931,562BOYAmt
EOY$817,618EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,039,024BOYAmt
EOY$564,654EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,039,024BOYAmt
EOY$564,654EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,970,586BOYAmt
EOY$1,382,272EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$474,370ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Book Value$0BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,454OtherCostOrOtherBasisAmt
Depreciation$955DepreciationAmt
Book Value$9,499BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$190,725OtherCostOrOtherBasisAmt
Depreciation$162,688DepreciationAmt
Book Value$28,037BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$349,088OtherCostOrOtherBasisAmt
Depreciation$276,002DepreciationAmt
Book Value$73,086BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$110,622TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED RENTDesc
Amt$27,429Amt
FieldValueIRS element (for citing)
Total Liability$27,429TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$3,121,698TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$3,121,698RevenueSubtotalAmt
Total Revenue Per Form990$3,121,698TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,596,068TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$3,596,068ExpensesSubtotalAmt
Total Expenses Per Form990$3,596,068TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ANA C DUTRA
$330,187$0$0$0$0$0$7,307$0$0$0$337,494$0$0$0
CYNTHIA A PONDELICEK
$124,984$0$1,000$0$0$0$6,324$0$0$0$132,308$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 1aTHE CLUB SHALL HAVE AN EXECUTIVE COMMITTEE, COMPOSED OF THE CHAIR OF THE BOARD OF DIRECTORS, THE FIRST VICE CHAIR AND SECOND VICE CHAIR OF THE BOARD OF DIRECTORS, THE TWO FORMER CHAIRS OF THE BOARD OF DIRECTORS WHO HAVE MOST RECENTLY SERVED IN THAT CAPACITY, THE SECRETARY AND THE TREASURER. THE CHAIR OF THE BOARD OF DIRECTORS SHALL SERVE AS CHAIR OF THE EXECUTIVE COMMITTEE. THE CHIEF EXECUTIVE OFFICER & PRESIDENT SHALL SERVE ON THE EXECUTIVE COMMITTEE ON AN EX-OFFICIO BASIS. DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL HAVE, AND MAY EXERCISE, ALL THE POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE AFFAIRS OF THE CLUB, IN ALL CASES IN WHICH SPECIFIC DIRECTIONS SHALL NOT HAVE BEEN GIVEN BY THE BOARD OF DIRECTORS OR FOR REASONS OF STABILITY OR CONTINUITY, SUBJECT TO THE LIMITATIONS PROVIDED BY SECTION 108.40 OF THE ACT.
Pt VI, Line 6THE CLUB SHALL HAVE ELEVEN CLASSES OF MEMBERS, DESIGNATED AS FOLLOWS: (A) CORPORATE MEMBERS (B) INDIVIDUAL MEMBERS (C) LEADERSHIP CIRCLE MEMBERS (D) DIPLOMATIC CORPS MEMBERS (E) GOVERNMENTAL AGENCY MEMBERS (F) NOT-FOR-PROFIT MEMBERS (G) RETIRED MEMBERS (H) NON-RESIDENT MEMBERS (I) VETERAN MEMBERS (J) HONORARY MEMBERS (K) LIFE-SERVICE MEMBERS THE QUALIFICATIONS AND RIGHTS OF EACH CLASS OF MEMBERS ARE AS FOLLOWS: CORPORATE MEMBERS SHALL BE DIVIDED INTO FIVE LEVELS OF CORPORATE MEMBERSHIP: "CORPORATE I PREMIER PLUS" WILL CONSIST OF ALL THE BENEFITS AVAILABLE TO CORPORATE I PREMIER MEMBERSHIP IN ADDITION TO OTHER BENEFITS THAT THE CLUB'S MANAGEMENT MAY INCLUDE FROM TIME TO TIME IN ACCORDANCE WITH SUCH PARAMETERS AS THE EXECUTIVE COMMITTEE MAY ELECT TO PROVIDE. "CORPORATE I PREMIER" WILL CONSIST OF (I) TWELVE EXECUTIVES FROM COMPANIES WITH MORE THAN TWO HUNDRED EMPLOYEES OR (II) ONE C-LEVEL EXECUTIVE FROM COMPANIES OF ANY SIZE. "CORPORATE I" WILL CONSIST OF SIX EXECUTIVES FROM COMPANIES WITH MORE THAN TWO HUNDRED EMPLOYEES. "CORPORATE II" WILL CONSIST OF FOUR EXECUTIVES FROM COMPANIES WITH FIFTY-ONE TO TWO HUNDRED EMPLOYEES. "CORPORATE III" WILL CONSIST OF TWO EXECUTIVES FROM COMPANIES WITH ONE TO FIFTY EMPLOYEES. EACH CORPORATE MEMBER SHALL BE ENTITLED TO DESIGNATE FROM TIME TO TIME, IN ACCORDANCE WITH SUCH CORPORATE MEMBER'S APPLICABLE LEVEL OF CORPORATE MEMBERSHIP, THOSE EXECUTIVES WHO WILL BE CONSIDERED TO BE MEMBERS OF THE CLUB. EACH INDIVIDUAL EXECUTIVE DESIGNATED BY A CORPORATE MEMBER AS A MEMBER OF THE CLUB SHALL BE ENTITLED TO ONE VOTE IN ACCORDANCE WITH SECTION 2.7 OF THESE BY-LAWS ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. INDIVIDUAL MEMBERS SHALL BE DIVIDED INTO TWO LEVELS OF MEMBERSHIP: "INDIVIDUAL MEMBERS I" ARE THOSE MEMBERS WHO ARE NOT OTHERWISE CATEGORIZED IN ONE OF THE OTHER CLASSES OF MEMBERSHIP AND WHO ARE ENTITLED TO ATTEND EIGHT LUNCHEONS, WITHOUT CHARGE, AS PART OF THEIR MEMBERSHIP. "INDIVIDUAL MEMBERS II" ARE THOSE MEMBERS WHO ARE NOT OTHERWISE CATEGORIZED IN ONE OF THE OTHER CLASSES OF MEMBERSHIP AND WHO ARE CHARGED SEPARATELY FOR LUNCHEONS. LEADERSHIP CIRCLE MEMBERS ARE THOSE INDIVIDUALS UNDER FORTY YEARS OF AGE AT THE COMMENCEMENT OF EACH FISCAL YEAR OF THE CLUB AND SHALL BE COMPRISED OF TWO LEVELS OF MEMBERSHIP: "LEADERSHIP CIRCLE I" INCLUDES LEADERSHIP CIRCLE MEMBERS WHO ARE ENTITLED TO ATTEND SUCH NUMBER OF PROGRAMS WITHOUT CHARGE AS SHALL BE DETERMINED FROM TIME TO TIME BY THE CLUB'S THEN EFFECTIVE TERMS AND CONDITIONS OF MEMBERSHIP. "LEADERSHIP CIRCLE II" INCLUDES LEADERSHIP CIRCLE MEMBERS WHO ARE ENTITLED TO ATTEND SUCH NUMBER OF PROGRAMS AT SUCH MEMBER RATES AS SHALL BE DETERMINED FROM TIME TO TIME BY THE CLUB'S THEN EFFECTIVE TERMS AND CONDITIONS OF MEMBERSHIP. "LEADERSHIP CIRCLE III" INCLUDES LEADERSHIP CIRCLE MEMBERS WHO ARE LISTED AS EXECUTIVES ON ANY OF THE ABOVE-LISTED CORPORATE MEMBERSHIPS AND WHO ARE ENTITLED TO PARTICIPATE IN SUCH PROGRAMS AND BENEFITS AS THE CLUB'S MANAGEMENT MAY DESIGNATE FROM TIME TO TIME IN ACCORDANCE WITH SUCH PARAMETERS AS THE EXECUTIVE COMMITTEE MAY ELECT TO PROVIDE. DIPLOMATIC CORPS MEMBERS ARE THOSE DIPLOMATS REPRESENTING FOREIGN NATIONS, WHO ARE NOT RESIDENTS OF CHICAGO OR ITS VICINITY BEFORE BECOMING DIPLOMATS AND WHO ARE NOT CITIZENS OF THE UNITED STATES OF AMERICA. IT SHALL ALSO INCLUDE THE CHIEF CONSULAR REPRESENTATIVE OF A FOREIGN NATION WHO IS IN CHARGE OF A CHICAGO CONSULATE OF SUCH A FOREIGN NATION. GOVERNMENTAL AGENCY MEMBERS ARE THOSE HEADS OF UNITED STATES, REGIONAL, STATE, COUNTY, LOCAL OR MUNICIPAL GOVERNMENT AGENCIES, AUXILIARIES AND INSTITUTIONS WHETHER HEADQUARTERED IN WASHINGTON D.C. OR LOCATED IN THE STATE OF ILLINOIS. NOT-FOR-PROFIT MEMBERS ARE PERSONS WHO ARE EXECUTIVES OF INSTITUTIONS, ORGANIZATIONS AND FOUNDATIONS DESIGNATED AS "NON-PROFIT" WHOSE OBJECTIVES SEEK TO REALIZE THE PARTICULAR VALUES WHICH THEY PURPORT TO SERVE. RETIRED MEMBERS ARE THOSE MEMBERS OF THE CLUB WHO HAVE RETIRED FROM FULL-TIME EMPLOYEE STATUS IN THEIR RESPECTIVE COMPANIES, INSTITUTIONS, ORGANIZATIONS AND FOUNDATIONS, BUT WHO STILL DESIRE TO RETAIN THEIR MEMBERSHIP IN THE CLUB. NON-RESIDENT MEMBERS ARE ELIGIBLE PERSONS WHOSE PLACE OF BUSINESS IS MORE THAN FIFTY MILES FROM THE CITY OF CHICAGO. SUCH PERSONS MAY MAKE AN ORIGINAL APPLICATION FOR NON-RESIDENT MEMBERSHIP. IN CASE THE PLACE OF BUSINESS OF ANY MEMBER SHALL BE MOVED TO A PLACE MORE THAN FIFTY MILES FROM THE CITY OF CHICAGO, SUCH A MEMBER MAY, UPON APPLICATION TO THE SECRETARY AND BY FAVORABLE ACTION OF THE BOARD OF DIRECTORS, BE MADE A NON-RESIDENT MEMBER OF THE CLUB. IF THE PLACE OF BUSINESS OF ANY NON-RESIDENT MEMBER IS REMOVED TO WITHIN FIFTY MILES FROM THE CITY OF CHICAGO THAT PERSON SHALL NO LONGER BE A NON-RESIDENT MEMBER, AND MAY, UPON APPLICATION TO THE SECRETARY AND BY FAVORABLE ACTION OF THE BOARD OF DIRECTORS, BECOME A MEMBER. VETERAN MEMBERS ARE THOSE PERSONS WHO HAVE BEEN MEMBERS IN GOOD STANDING FOR A TOTAL PERIOD OF THIRTY YEARS. VETERAN MEMBERS, UPON MAKING APPLICATION TO, AND WITH THE APPROVAL OF, THE BOARD OF DIRECTORS, ARE ELIGIBLE TO RETAIN FULL MEMBERSHIP UPON PAYMENT OF FIFTY PERCENT OF THE REGULAR DUES. AFTER THIRTY-FIVE YEARS OF MEMBERSHIP IN THE CLUB, ALL DUES WILL BE WAIVED. HONORARY MEMBERS ARE THOSE MEMBERS WHO, BY THE UNANIMOUS VOTE OF THE DIRECTORS PRESENT AT ANY MEETING OF THE BOARD OF DIRECTORS AT WHICH A QUORUM IS PRESENT, ARE ELECTED AS HONORARY MEMBERS OF THE CLUB BY VIRTUE OF THEIR PREEMINENT STANDING OR WHO HAVE OTHERWISE DISTINGUISHED THEMSELVES. LIFE-SERVICE MEMBERS. THOSE MEMBERS WHO HAVE SERVED AS CHAIR OF THE BOARD OF DIRECTORS SHALL, UPON COMPLETION OF SUCH TERM OF OFFICE, AUTOMATICALLY BECOME LIFE-SERVICE MEMBERS AND SHALL BE ENTITLED TO ALL THE PRIVILEGES OF MEMBERSHIP IN THE CLUB WITHOUT ASSESSMENT OR PAYMENT OF DUES. THE ABOVE-LISTED MEMBERSHIP CLASSES MAY BE CATEGORIZED, GROUPED OR OTHERWISE CHANGED FOR ADMINISTRATIVE PURPOSES IN SUCH A MANNER AS THE CLUB'S MANAGEMENT MAY DETERMINE FROM TIME TO TIME IN ACCORDANCE WITH SUCH PARAMETERS AS THE EXECUTIVE COMMITTEE MAY ELECT TO PROVIDE.
Pt VI, Line 7aPLEASE SEE THE NARRATIVE FORM 990, PART VI, SECTION A, LINE 6
Pt VI, Line 11bTHE AUDIT COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS IS PRIMARILY RESPONSIBLE FOR OVERSEEING THE PREPARATION OF THE ORGANIZATION'S ANNUAL INFORMATION RETURN (FORM 990). A COPY OF THE ORGANIZATION'S ANNUAL INFORMATION RETURN IS PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR REVIEW PRIOR TO THE TIME IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
Pt VI, Line 12cANNUALLY THE ORGANIZATION REQUIRES EACH OF THE MEMBERS OF ITS BOARD OF DIRECTORS AND OFFICERS TO CERTIFY COMPLIANCE WITH THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY, WHICH REQUIRES DISCLOSURE OF MATERIAL FAMILY OR BUSINESS RELATIONSHIPS INVOLVING THE ORGANIZATION. THE ANNUAL CERTIFICATIONS ARE REVIEWED BY MANAGEMENT OF THE ORGANIZATION AND ANY POTENTIAL CONFLICTS OF INTEREST IDENTIFIED AS PART OF THE ANNUAL CERTIFICATION PROCESS ARE REFERRED TO THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR EVALUATION AND RESOLUTION. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE MEMBERS OF THE BOARD OR COMMITTEE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON MUST LEAVE THE MEETING OF THE BOARD OR COMMITTEE WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS WILL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE MEETING OF THE BOARD OR COMMITTEE AT WHICH THE TRANSACTION OR ARRANGEMENT INVOLVING A POSSIBLE CONFLICT OF INTEREST IS TO BE CONSIDERED, BUT AFTER THE PRESENTATION, THE INTERESTED PERSON MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT. THE BOARD OR COMMITTEE WILL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OR MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CLUB'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, THE BOARD OR COMMITTEE WILL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT WILL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE INTERESTED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
Pt VI, Line 15aTHE COMPENSATION ARRANGEMENTS RELATING TO THE ORGANIZATION'S PRESIDENT/CHIEF EXECUTIVE OFFICER ARE DETERMINED USING COMPARABILITY DATA FROM OTHER ORGANIZATIONS AS WELL AS NONPROFIT SALARY SURVEYS. THE COMPENSATION ARRANGEMENT IS APPROVED BY THE EXECUTIVE COMMITTEE AND GOVERNANCE COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS AND DOCUMENTED IN A WRITTEN EMPLOYMENT AGREEMENT.
Pt VI, Line 15bCOMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED ANNUALLY BASED ON PERFORMANCE. SALARY DECISIONS ARE MADE AT THE PRESIDENT & CEO LEVEL, WHILE BONUS COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS.
Pt VI, Line 19FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME.
Pt V, Line 3bTHE UNRELATED BUSINESS REVENUE IS FROM INTEREST AND OTHER INCOME THE TOTAL IS 14972.
OtherTHE COMPENSATION REPORTED ON PART VII 1A DOES NOT REFLECT COMPENSATION PAID IN 2019.
Form 990, Part III, Line 4dForums program 396370. 0. 0.

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