2019-02-15T13:50:38-06:00 2018-03-31 420714325 RSM US LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990 2017-04-01 237079591 CENTER FOR CREATIVE LEADERSHIP CENT 3362887210 1 LEADERSHIP PLACE GREENSBORO NC 27410 BRADLEY E SHUMAKER EXECUTIVE VP/CFO 3362887210 2019-02-15 1 GARRICK L MARTIN P00239389 3362724551 108.171.131.186 2019-02-15 14:17:41 ES P 75C36B17B212965765F9B2A53872F996115D7FF8 4791453A13A32F23CFD04B7A2DD4D286E7D9D245 2017 2019-02-21 02:37:17Z JOHN R RYAN 1 LEADERSHIP PLACE GREENSBORO NC 27410 110579233 0 X WWW.CCL.ORG X 1970 NC SEE SCHEDULE O 26 25 629 11 -72925 -112084 15560445 267300 95966667 101567368 2661721 4159923 3753110 4584642 117941943 110579233 0 0 0 0 59813382 62592325 0 0 672907 44159737 50718399 103973119 113310724 13968824 -2731491 151366313 153567029 28155564 32764313 123210749 120802716 X TO FULLY REALIZE OUR MISSION, THE CENTER WILL CREATE NEW KNOWLEDGE THAT ADVANCES OUR FIELD AND THAT POSITIVELY TRANSFORMS THE WAY LEADERS, THEIR ORGANIZATIONS AND THEIR SOCIETIES CONFRONT THE MOST DIFFICULT CHALLENGES OF THE 21ST CENTURY. THESE IMPERATIVES REQUIRE THAT THE CENTER BECOME THE PREEMINENT GLOBAL INSTITUTION FOR LEADERSHIP DEVELOPMENT AND RESEARCH. 0 0 3440453 11673231 LEADERSHIP DEVELOPMENT PROGRAM (LDP): LDP IS THE CENTER FOR CREATIVE LEADERSHIP'S ("CCL") FLAGSHIP EXECUTIVE EDUCATION PROGRAM AND IS ATTENDED BY MORE EXECUTIVES WORLDWIDE THAN ANY SIMILAR TYPE PROGRAM. PARTICIPANTS OF THE PROGRAM TEND TO BE MIDDLE TO SENIOR LEVEL EXECUTIVES FROM THE PRIVATE, MILITARY, EDUCATION AND NONPROFIT SECTORS. THE PROGRAM INCLUDES FIVE DAYS OF ON-SITE INSTRUCTION SURROUNDED BY INTENSE PRE AND POST WORK ASSIGNMENTS. THE PRIMARY OBJECTIVE OF THE PROGRAM IS TO ASSIST THE PARTICIPANT IN INCREASING HIS OR HER LEADERSHIP CAPACITY THROUGH A FEEDBACK INTENSIVE LEARNING EXPERIENCE AND HANDS-ON ACTIVITIES. DURING THE FISCAL YEAR ENDED MARCH 31, 2018, 1,600 PARTICIPANTS ATTENDED THE LPD PROGRAM. 1477996 3428984 LEADERSHIP AT THE PEAK (LAP): LAP IS CCL'S MOST SENIOR LEVEL EXECUTIVE EDUCATION PROGRAM AND IS TARGETED FOR PARTICIPANTS WHO ARE AT THE HIGHEST EXECUTIVE POSITIONS WITHIN THEIR ORGANIZATION. MOST PARTICIPANTS ARE EITHER THE CEO OF THEIR ORGANIZATION OR A DIRECT REPORT OF THE CEO. THIS PROGRAM IS CHARACTERIZED BY LOW CLASS SIZE AND A HIGH FACULTY TO STUDENT RATIO. THE PROGRAM INCLUDES FIVE DAYS OF ON-SITE INSTRUCTION WITH SIGNIFICANT PRE AND POST WORK ASSIGNMENTS. THE PROGRAM ALLOWS FOR INTENSE LEARNING AMONG CLASS PARTICIPANTS AND IS GEARED TO ADDRESS THE DEMANDS AND NEEDS OF TOP EXECUTIVES. PARTICIPANTS COME FROM ALL SECTORS OF BUSINESS INCLUDING GOVERNMENT, MILITARY, NONPROFIT, EDUCATIONAL AND PRIVATE WITH THE OBJECTIVE OF EXPANDING THEIR LEADERSIP CAPACITY. DURING THE FISCAL YEAR ENDED MARCH 31, 2018, 281 PARTICIPANTS ATTENDED THE LAP PROGRAM 1082539 3203030 MAXIMIZING LEADERSHIP POTENTIAL (MLP): MLP IS TARGETED FOR PARTICIPANTS WHO ARE MANAGERS AND SUPERVISORS OF INDIVIDUAL CONTRIBUTORS WITHIN THEIR ORGANIZATION. THE PROGRAM INCLUDES 3 DAYS OF ON-SITE INSTRUCTION WITH INTENSE, PERSONALIZED FEEDBACK AND COACHING. IT OFFERS AN INTERACTIVE, HANDS-ON FORMAT THAT PREPARES PARTICIPANTS TO TAKE ACTION BACK AT WORK. THE PROGRAM IS DESIGNED TO ADDRESS THE CHALLENGES OF TRANSITIONING FROM A SUCCESSFUL INDIVIDUAL CONTRIBUTOR TO EFFECTIVE MANAGER. DURING THE FISCAL YEAR ENDED MARCH 31, 2018, 713 PARTICIPANTS ATTENDED THE MLP PROGRAM. 1018168 4130170 LEADING FOR ORGANIZATIONAL IMPACT (LOI) 507402 1700000 GOLDEN L.E.A.F FOUNDATION 94476880 77431953 OTHER PROGRAM EXPENSES 96002450 83262123 102003438 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 X 857 0 1 629 1 1 1 1 BE SN RS IN ET SF UK CH SW 0 0 0 0 0 0 0 0 X 26 25 1 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 CA NC X BRADLEY E SHUMAKER 3362864008 ONE LEADERSHIP PLACE GREENSBORO NC 27410 X INGAR SKAUG GOVERNOR CHAIR & TRUSTEE 6.00 X 42400 0 0 JOHN R RYAN PRESIDENT, CEO & GOVERNOR 40.00 X X 889233 0 16986 CUTLER DAWSON GOVERNOR 2.00 X 10500 0 0 W WINBURNE KING III TRUSTEE 2.00 X 4900 0 0 PETER L RICHARDSON TRUSTEE CHAIR & GOVERNOR 6.00 X 43900 0 0 ERIC R CALHOUN TRUSTEE 2.00 X 4900 0 0 HAYNES G GRIFFIN TRUSTEE 2.00 X 6100 0 0 L RICHARDSON PREYER JR TRUSTEE 2.00 X 6100 0 0 TYLER B RICHARDSON TRUSTEE 2.00 X 18800 0 0 RAYMOND M BURSE GOVERNOR 2.00 X 6750 0 0 MARCIA AVEDON GOVERNOR VICE CHAIR & TRUS 2.00 X 9800 0 0 VANCE W TANG GOVERNOR 2.00 X 6750 0 0 ELAINE BIECH GOVERNOR 2.00 X 11500 0 0 KIMBERLY CLINE GOVERNOR 2.00 X 11500 0 0 MICHAEL ROCHELLE GOVERNOR 2.00 X 10500 0 0 MARTIN SCHNEIDER GOVERNOR 2.00 X 10500 0 0 JANICE KREAMER GOVERNOR 2.00 X 11500 0 0 LOUIS GIANNOTTI GOVERNOR 2.00 X 11500 0 0 TIMOTHY RICE GOVERNOR 2.00 X 11500 0 0 HANS MENGELE GOVERNOR 2.00 X 11500 0 0 PATRICK WALSH GOVERNOR 2.00 X 10500 0 0 ARCHANA RAVICHANDRAN GOVERNOR 2.00 X 10500 0 0 EMILY C CHIU GOVERNOR 2.00 X 11500 0 0 NICHOLAS RICHARDSON TRUSTEE 2.00 X 4900 0 0 STEVEN S REINEMUND GOVERNOR 2.00 X 3750 0 0 DR MICHAEL CUNNINGHAM GOVERNOR 2.00 X 5750 0 0 CHERYL J HENRY GOVERNOR 2.00 X 4750 0 0 JOHN D BUTLER GOVERNOR 2.00 X 0 0 0 FRANK C SULLIVAN GOVERNOR 2.00 X 0 0 0 DAVID G ALTMAN CHIEF OPERATING OFFICER 40.00 X 371517 132509 39663 RENEE D HULTIN SVP - AMERICAS 40.00 X 231298 0 25753 JENNIFER W MARTINEAU SVP RESEARCH, INNOVATION, AND PRODUCT DEVELOPMENT 40.00 X 195896 0 27659 KENT S PRICE III CHIEF HUMAN RESOURCE OFFIC 40.00 X 249845 0 31303 PORTIA R MOUNT SVP, GLOBAL MARKETING. COS 40.00 X 193943 0 33189 ROLAND B SMITH SVP, MANAGING DIRECTOR-APAC 40.00 X 239426 204482 50404 WILLIAM A PASSMORE SVP ADVISOR TO CEOS, BOARD 40.00 X 176446 0 10805 BRADLEY E SHUMAKER EVP, CHIEF FINANCE & ADMIN OFCR & TREASURER 40.00 X 285841 0 25617 GUYLAINE A RENAUD ASST. TREASURER & ASST. SECRETARY 40.00 X 154800 0 21176 KEVIN BRIODY VP GLOBAL MARKETING 40.00 X 0 0 0 DAVID E HYATT MANAGING DIRECTOR 40.00 X 172204 0 25169 RUSSEL J MCCALLIAN MANAGING DIRECTOR 40.00 X 180988 0 23869 DONALD W PRINCE SENIOR FACULTY - EMEA 40.00 X 168143 42261 52886 CLEMSON G TURREGANO DIR GLOBAL LEARNING PROD P 40.00 X 158150 32758 19188 DARREL L HANDGRAAF GROUP DIRECTOR, IT 40.00 X 171145 0 21251 JAMES T SHIELDS GLOBAL SOLUTIONS FACULTY 40.00 X 169204 0 20997 CHRISTOPHER D DEWAR FACULTY DIRECTOR, DESIGN & 40.00 X 195971 64527 38599 KATHERINE M BEATTY VP ENTERPRISE STRATEGY 40.00 X 169676 0 25815 JOAN P SHIELDS SENIOR FACULTY I 40.00 X 156284 0 19752 4832560 476537 530081 154 1 1 0 MARTINEAU RECRUITING TECHNOLOGY 663 GRAIN STREET KERNERSVILLE NC 27284 SOFTWARE CONSULTANT 1081703 DATA SOLUTIONS INC 5900 BAKER ROAD MINNETONKA MN 55345 PROGRAM MODELING AND CONSULTING SERVICES 979593 BANERASOFT INC 512 N MENDENHALL STREET GREENSBORO NC 27401 SOFTWARE CONSULTANT 597862 APEX SYSTEMS INC 4400 COX RD STE 200 GLEN ALLEN VA 23069 SOFTWARE CONSULTANT 380742 LOCHBRIDGE LLC 75 REMITTANCE DRIVE CHICAGO IL 60675 SOFTWARE CONSULTANT 314374 42 X 267300 267300 PROFESSIONAL INCOME 611600 64643465 64643465 TUITION INCOME 611600 24854375 24854375 PRGM & RESEARCH GRANTS 611600 6434725 6434725 TEST & MATERIALS SALES 611600 4914211 4914211 PUBLICATION SALES 611600 720592 720592 101567368 1038219 4316 1033903 4115774 1099 4114675 3098669 23035 0 0 3098669 23035 3121704 63189 3058515 ALL OTHER REVENUE 611710 401006 401006 CAFETERIA SALES 611710 117890 117890 EXCHANGE RATE GAINS 611710 46999 46999 -97027 -141529 44502 468868 110579233 101567368 -72925 8817490 4087691 1603435 2429129 55127 47070005 45245698 1504287 320020 2582583 2438935 126839 16809 4294810 4000503 265086 29221 4557236 4288363 241704 27169 24956840 24562266 379299 15275 194365 194365 473063 95528 377535 1540 1540 219128 19722 199406 1861554 1822488 39066 3596734 3400418 172073 24243 25933 25824 109 4835355 3982393 834325 18637 6895587 6458987 427186 9414 333198 333198 121830 104530 17056 244 5148441 3308792 1748525 91124 328933 210031 113019 5883 PUBLICATIONS 4397483 4397483 MEALS 1988608 1972519 13134 2955 DEDUCTIONS FROM K-1 865579 865579 CONTR FORIGN CORP EXPS -12751682 -12751682 7225910 6484007 724183 17720 113310724 102003438 10634379 672907 3625 3298 20366189 7021981 35599134 34922050 481100 446410 1611615 1730784 72734472 48812777 23870932 23921695 643081 69433718 84877730 151366313 153567029 14003893 15554885 14064428 17150217 87243 59211 28155564 32764313 X 35937152 33420340 82025185 82133964 5248412 5248412 123210749 120802716 151366313 153567029 X -2731491 -363728 -1708784 2395970 X X 0 1 X 1 0 X 59814651 5351024 2792639 62373036 58497914 4063792 2747055 59814651 62650062 -1414775 2737373 58497914 61989026 3290744 2629708 62650062 57852354 6669502 2532830 61989026 0.08400 0.91600 0 0 27326605 15503010 11823595 45088914 33309767 11779147 318953 318953 23921695 MOORINGS CAPITAL, LLC 81449312 F REAL ESTATE INVESTMENT TRUST 1939479 F INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - RUSSIA (CFC) 597811 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - SINGAPORE (CFC) 784481 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - INDIA (CFC) 106423 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - ETHIOPIA (CFC) 1 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - SOUTH AFRICA (CFC) 120 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - UK 103 C 84877730 NON-CONTROLLING INTEREST IN CONSOLIDATED SUBSIDIARY 59211 59211 X 124536397 -363728 192450 14153017 13981739 110554658 1540 23035 24575 110579233 127223619 1901234 12878779 14780013 112443606 1540 865578 867118 113310724 PART V, LINE 4: THE CENTER'S ENDOWMENT CONSISTS OF A SINGLE FUND ESTABLISHED TO SUPPORT GENERAL ACTIVITIES AND SPECIAL PROJECTS, DESIGNATED BY THE TRUSTEES OF THE CENTER. PART X, LINE 2: THE CENTER QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) AND SECTION 170(B)(1)(A)(II) (AN EDUCATIONAL ORGANIZATION AND NOT A PRIVATE FOUNDATION) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT SUBJECT TO INCOME TAXES. HOWEVER, THE BELGIUM BRANCH AND THE SINGAPORE, INDIA, RUSSIA, ETHIOPIA, SOUTH AFRICA, UNITED KINGDOM AND SINGAPORE JOINT VENTURE SUBSIDIARIES ARE SUBJECT TO TAXATION IN THOSE COUNTRIES. THE CENTER HAS REALIZED NO SIGNIFICANT INCOME TAX EXPENSE AS A RESULT OF THESE OPERATIONS. THE CENTER ADHERES TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ASC. MANAGEMENT EVALUATED THE CENTER'S TAX POSITIONS AND CONCLUDED THAT THE CENTER HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAAP/TAX DIFFERENCE IN PARTNERSHIP INCOME 1,910,502. FOREIGN ENTITIES REVENUE REPORTED ON FORM 5471 12,242,515. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFICATION OF LOSS ON DISPOSAL OF FIXED ASSETS 23,035. PART XII, LINE 2D - OTHER ADJUSTMENTS: FOREIGN ENTITIES EXPENSE REPORTED ON FORM 5471 12,751,682. FOREIGN ENTITIES DEPRECIATION REPORTED ON FORM 5471 150,132. RECLASSIFICATION OF LOSS ON DISPOSAL OF FIXED ASSETS -23,035. PART XII, LINE 4B - OTHER ADJUSTMENTS: PARTNERSHIP DEDUCTIONS FROM MOORINGS CAPITAL LLC 865,578. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE CENTER DOES NOT USE BROADCAST MEDIA FOR THE SOLICITATION OF STUDENTS. IT RELIES PRIMARILY ON PERSONAL RECOMMENDATIONS, DIRECT MAIL, AND ADVERTISEMENTS IN PROFESSIONAL JOURNALS. A STATEMENT REGARDING ITS NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL PROGRAM ADVERTISING AND DIRECT MAIL PIECES. THE CENTER HAS MAINTAINED DEMOGRAPHIC STATISTICS PERTAINING TO PROGRAM PARTICIPANTS, DEMONSTRATING THAT THE CENTER DOES IN FACT FOLLOW A NON-DISCRIMINATORY POLICY. DATA DESCRIBING THE PROGRAM PARTICIPANTS FOR THE PAST TEN YEARS IS AS FOLLOWS: YEAR WHITE NON-WHITE NO INDICATION 2009 64% 32% 4% 2010 48% 49% 3% 2011 48% 51% 1% 2012 48% 48% 4% 2013 46% 24% 30% 2014 43% 13% 45% 2015 46% 14% 40% 2016 42% 14% 43% 2017 46% 15% 39% 2018 48% 16% 37% EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 86 PROGRAM SERVICES CCL-BRUSSELS OFFERS VARIOUS LEADERSHIP DEVELOPMENT PROGRAMS DESIGNED TO MEET THE NEEDS OF INDIVIDUALS AT ALL LEVELS IN THEIR CAREERS, AS WELL AS GROUPS OF MANAGERS OR ENTIRE ORGANIZATIONS. 21331460 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 33 PROGRAM SERVICES CCL-APAC OFFERS A PORTFOLIO OF RESEARCH-BASED PROGRAMS AND SERVICES UNIVERSALLY RECOGNIZED FOR EFFECTIVENESS IN BUSINESS AND LEADERSHIP EDUCATION. 7306063 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 1 5 PROGRAM SERVICES CCL'S MOSCOW OFFICE IS A HUB FOR LEADERSIP EDUCATION AND RESEARCH, DESIGNED TO MEET THE CHALLENGES OF THE LOCAL MARKET. 1370580 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 11 PROGRAM SERVICES CCL'S INDIA OFFICE IS A HUB FOR LEADERSHIP EDUCATION AND RESEARCH DESIGNED TO MEET THE CHALLENGES OF THE LOCAL MARKET. 1020688 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 1 13 PROGRAM SERVICES CCL'S ETHIOPIA OFFICE IS A HUB FOR LEADERSIP EDUCATION AND RESEARCH, DESIGNED TO MEET THE CHALLENGES OF THE LOCAL MARKET. 599889 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 1 11 PROGRAM SERVICES CCL SOUTH AFRICA'S OFFICE IS A HUB FOR LEADERSIP EDUCATION AND RESEARCH, DESIGNED TO MEET THE CHALLENGES OF THE LOCAL MARKET. 812942 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 0 PROGRAM SERVICES CCL SINGAPORE JV'S OFFICE IS A HUB FOR LEADERSIP EDUCATION AND RESEARCH, DESIGNED TO MEET THE CHALLENGES OF THE LOCAL MARKET. -200229 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 3 PROGRAM SERVICES CCL-CHINA WOFE OFFERS A PORTFOLIO OF RESEARCH-BASED PROGRAMS AND SERVICES UNIVERSALLY RECOGNIZED FOR EFFECTIVENESS IN BUSINESS AND LEADERSHIP EDUCATION. 167581 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 7 PROGRAM SERVICES CCL-CHINA PROMOTER COMPANY OFFERS A PORTFOLIO OF RESEARCH-BASED PROGRAMS AND SERVICES UNIVERSALLY RECOGNIZED FOR EFFECTIVENESS IN BUSINESS AND LEADERSHIP EDUCATION. 1004858 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 3 PROGRAM SERVICES CCL-UK OFFERS VARIOUS LEADERSHIP DEVELOPMENT PROGRAMS DESIGNED TO MEET THE NEEDS OF INDIVIDUALS AT ALL LEVELS IN THEIR CAREERS, AS WELL AS GROUP OF MANAGERS OR ENTIRE ORGANIZATIONS 120609 8 162 2 10 10 172 32408974 1125467 33534441 1 0 1 1 1 0 PART I, LINE 3: SINGAPORE: SINGAPORE FINANCIAL REPORTING STANDARDS RUSSIA: COMPLIANCE WITH THE LEGAL ACTS OF THE RUSSIAN FEDERATION INDIA: GENERALLY ACCEPTED ACCOUNTING STANDARDS IN INDIA BELGIUM: BELGIAN ACCOUNTING PRINCIPLES ETHIOPIA: ETHIOPIA ACCOUNTING PRINCIPLES ADJUSTED FOR BELGIAN ACCOUNTING PRINCIPLES SINGAPORE JV: SINGAPORE FINANCIAL REPORTING STANDARDS SOUTH AFRICA: INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) CHINA: CHINESE RULE/LAW UK: UK ACCOUNTING PRINCIPLES SCHEDULE F, PART IV, LINE 4: THE CENTER HAS INDIRECT OWNERSHIP OF PASSIVE FOREIGN INVESTMENT COMPANIES THROUGH THE OWNERSHIP OF MOORINGS CAPITAL LLC. MOORINGS CAPITAL LLC HAS MADE THE ASSOCIATED QUALIFIED ELECTING FUND ELECTIONS AND THE REQUIRED FORMS 8621 HAVE BEEN FILED. THE CENTER ALSO HAS INDIRECT OWNERSHIP OF FOREIGN PARTNERSHIPS THROUGH MOORINGS CAPITAL LLC. THE CENTER'S INVESTMENTS REPRESENT LESS THAN 1% OWNERSHIP IN EACH FOREIGN PARTNERSHIP. X X 1 1 X X X X X X 0 1 0 0 0 0 0 1 0 JOHN R RYAN PRESIDENT, CEO & GOVERNOR 555865 0 326348 0 7020 0 16200 0 786 0 906219 0 0 0 DAVID G ALTMAN CHIEF OPERATING OFFICER 324150 132509 0 0 47367 0 16200 0 23463 0 411180 132509 0 0 RENEE D HULTIN SVP - AMERICAS 230254 0 0 0 1044 0 14001 0 11752 0 257051 0 0 0 JENNIFER W MARTINEAU SVP RESEARCH, INNOVATION, AND PRODUC 184914 0 0 0 10982 0 12110 0 15549 0 223555 0 0 0 KENT S PRICE III CHIEF HUMAN RESOURCE OFFIC 224071 0 25000 0 774 0 15130 0 16173 0 281148 0 0 0 PORTIA R MOUNT SVP, GLOBAL MARKETING. COS 193149 0 0 0 794 0 11849 0 21340 0 227132 0 0 0 ROLAND B SMITH SVP, MANAGING DIRECTOR-APAC 132590 204482 0 0 106836 0 9281 0 41123 0 289830 204482 0 0 WILLIAM A PASSMORE SVP ADVISOR TO CEOS, BOARD 171045 0 0 0 5401 0 10506 0 299 0 187251 0 0 0 BRADLEY E SHUMAKER EVP, CHIEF FINANCE & ADMIN OFCR & TR 284297 0 0 0 1544 0 16200 0 9417 0 311458 0 0 0 GUYLAINE A RENAUD ASST. TREASURER & ASST. SECRETARY 154026 0 0 0 774 0 9427 0 11749 0 175976 0 0 0 DAVID E HYATT MANAGING DIRECTOR 171430 0 0 0 774 0 10639 0 14530 0 197373 0 0 0 RUSSEL J MCCALLIAN MANAGING DIRECTOR 180214 0 0 0 774 0 11062 0 12807 0 204857 0 0 0 DONALD W PRINCE SENIOR FACULTY - EMEA 114070 42261 4200 0 49873 0 9198 0 43688 0 221029 42261 0 0 CLEMSON G TURREGANO DIR GLOBAL LEARNING PROD P 140269 32758 5000 0 12881 0 9504 0 9684 0 177338 32758 0 0 DARREL L HANDGRAAF GROUP DIRECTOR, IT 169957 0 0 0 1188 0 10333 0 10918 0 192396 0 0 0 JAMES T SHIELDS GLOBAL SOLUTIONS FACULTY 168430 0 0 0 774 0 10232 0 10765 0 190201 0 0 0 CHRISTOPHER D DEWAR FACULTY DIRECTOR, DESIGN & 114531 64527 0 0 81440 0 8668 0 29931 0 234570 64527 0 0 KATHERINE M BEATTY VP ENTERPRISE STRATEGY 164762 0 0 0 4914 0 10552 0 15263 0 195491 0 0 0 JOAN P SHIELDS SENIOR FACULTY I 155096 0 0 0 1188 0 9407 0 10345 0 176036 0 0 0 PART I, LINE 1A DONALD W. PRINCE, SENIOR FACULTY EMEA, RECEIVED TAX INDEMNIFICATION AND GROSS-UP PAYMENTS AND PAYMENTS FOR HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE DURING THE 2017 CALENDAR YEAR. THESE PAYMENTS WERE INCLUDED IN MR. PRINCE'S BASE COMPENSATION PAID BY A RELATED ORGANIZATION, AND BASE COMPENSATION PAID BY THE REPORTING ORGANIZATION, AS REPORTED ON FORM 990 PART VII, SECTION A AND SCHEDULE J. DAVID G. ALTMAN, EVP AND MANAGING DIRECTOR -EMEA, RECEIVED TAX INDEMNIFICATION AND GROSS-UP PAYMENTS DURING THE 2017 CALENDAR YEAR. THESE PAYMENTS WERE INCLUDED IN MR. ALTMAN'S BASE COMPENSATION PAID BY A RELATED ORGANIZATION, AND BASE COMPENSATION PAID BY THE REPORTING ORGANIZATION, AS REPORTED ON FORM 990 PART VII, SECTION A AND SCHEDULE J. ROLAND SMITH, VP AND MANAGING DIRECTOR -APAC, RECEIVED PAYMENTS FOR HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE. THESE PAYMENTS WERE INCLUDED IN MR. SMITH'S BASE COMPENSATION PAID BY A RELATED ORGANIZATION, AND BASE COMPENSATION PAID BY THE REPORTING ORGANIZATION, AS REPORTED ON FORM 990 PART VII, SECTION A AND SCHEDULE J. CHRISTOPHER DEWAR,DESIGN & DELIVERY DIRECTOR, RECEIVED PAYMENTS FOR HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE DURING THE 2017 CALENDAR YEAR. THESE PAYMENTS WERE INCLUDED IN MR. DEWAR'S BASE COMPENSATION PAID BY A RELATED ORGANIZATION, AND BASE COMPENSATION PAID BY THE REPORTING ORGANIZATION, AS REPORTED ON FORM 990 PART VII, SECTION A AND SCHEDULE J. PART I, LINE 4B JOHN R. RYAN AND BRADLEY E. SHUMAKER PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN 2017 AND MADE CONTRIBUTIONS OF $19,000 EACH DURING THE YEAR. PART I, LINE 7 THE CENTER HAS A DISCRETIONARY PERFORMANCE INCENTIVE PLAN FOR MANAGEMENT AND STAFF. INCENTIVE BONUSES CAN BE AWARDED ANNUALLY IF THE CENTER MEETS CERTAIN PERFORMANCE OBJECTIVES. BONUSES UNDER THE PLAN ARE SUBJECT TO APPROVAL BY THE BOARD OF GOVERNORS. FORM 990, PART I, LINE 1 THE MISSION OF THE CENTER FOR CREATIVE LEADERSHIP IS TO ADVANCE THE UNDERSTANDING, PRACTICE, AND DEVELOPMENT OF LEADERSHIP FOR THE BENEFIT OF SOCIETY WORLDWIDE. WE CONDUCT RESEARCH, PRODUCE PUBLICATIONS AND PROVIDE A BROAD VARIETY OF EDUCATIONAL PROGRAMS AND PRODUCTS TO LEADERS AND ORGANIZATIONS IN THE PUBLIC, CORPORATE AND NONPROFIT SECTORS. FOR OVER 45 YEARS, CCL HAS HELPED INDIVIDUALS AND ORGANIZATIONS UNLOCK THEIR POTENTIAL THROUGH AN EXCLUSIVE FOCUS ON LEADERSHIP AND RESEARCH. OUR ESTEEMED FACULTY OF BEHAVIORAL SCIENTIST, RESEARCHERS AND COACHES OFFER UNPARALLELED EXPERTISE IN ADDRESSING LEADERSHIP CHALLENGES GLOBALLY. WE BELIEVE LEADERS ARE MADE - NOT BORN - AND THAT THEY CAN ADAPT AND CHANGE. WE BELIEVE IN PUTTING THE INDIVIDUALS AND ORGANIZATIONS WE SERVE FIRST. OUR NONPROFIT STATUS AND EDUCATIONAL MISSION GIVE US UNIQUE FLEXIBILITY IN A WORLD WHERE PROFIT MOTIVES OFTEN DRIVE ACTIONS. WE HAVE THE FREEDOM INSTEAD TO BE OBJECTIVE AND WARY OF SHORT-TERM TRENDS. LIKEWISE, WE HAVE THE FREEDOM TO FOCUS ON THE SUCCESS OF THOSE WE SERVE. OUR RESEARCH AND TRAINING PROGRAMS ARE WIDELY RESPECTED BY SCHOLARS AND PROFESSIONALS ALIKE. EACH YEAR, MORE THAN 50,000 MANAGERS AND EXECUTIVES, EDUCATORS, GOVERNMENT ADMINISTRATORS, COMMUNITY AND VOLUNTEER LEADERS AROUND THE WORLD ATTEND OUR PROGRAMS. OUR PUBLICATIONS, PRODUCTS AND RESEARCH INITIATIVES REACH A GLOBAL AUDIENCE AS WELL AND THE FINANCIAL TIMES AND BUSINESS WEEK RANK US AMONG THE WORLD'S TOP PROVIDERS OF EXECUTIVE EDUCATION. FORM 990, PART VI, SECTION A, LINE 2 PETER RICHARDSON, CHAIRMAN OF THE BOARD OF TRUSTEES AND GOVERNOR, IS THE FATHER OF TYLER RICHARDSON WHO IS ALSO A TRUSTEE AND GOVERNOR AND FATHER OF NICHOLAS RICHARDSON WHO IS A TRUSTEE. PETER RICHARDSON, CHAIRMAN OF THE BOARD OF TRUSTEES AND WINBURNE KING, TRUSTEE, ARE BOTH OFFICERS OF MOORINGS CAPITAL LCC, AN INVESTMENT COMPANY. AS OF MARCH 31, 2018, THE CENTER MAINTAINED A PARTNERSHIP INTEREST OF 10.35% IN MOORINGS CAPITAL LLC ("MOORINGS"). MOORINGS IS AN INVESTMENT PARTNERSHIP LOCATED IN GREENSBORO, NC, AND WAS FORMED TO HANDLE INVESTMENTS FOR THE CENTER FOR CREATIVE LEADERSHIP AND OTHER IRC SECTION 501 (C) (3) TAX-EXEMPT ENTITIES. THE PURPOSE FOR INVESTING IN MOORINGS IS TO POOL THE CENTER'S INVESTMENTS WITH THE INVESTMENTS OF OTHER IRC SECTION 501 (C) (3) ENTITIES. BY CREATING A LARGER INVESTMENT POOL, THE TAX-EXEMPT ENTITIES IN MOORINGS HOPE TO IMPROVE THEIR OVERALL INVESTMENT RETURNS AND REDUCE THE OVERALL AMOUNT OF INVESTMENT ADVISORY FEES PAID. THE CENTER STILL MAINTAINS CONTROL OVER ITS ASSETS CONTRIBUTED TO MOORINGS AND DIRECTS THE INVESTMENT OF THOSE ASSETS. THE CENTER MAY WITHDRAW ITS ASSETS FROM THE LLC AT ANY TIME. ACCORDING TO THE OPERATIONS AGREEMENT OF MOORINGS, ONLY ENTITIES EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501 (C) (3) ARE ALLOWED TO BE MEMBERS OF THE LLC. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, RESPONSES TO THE CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE ARE REVIEWED AND ANY INSTANCES OF POTENTIAL CONFLICT ARE INVESTIGATED. IN ADDITION, THE CENTER HAS ESTABLISHED POLICIES THAT PROHIBIT ACTIONS THAT COULD LEAD TO POTENTIAL CONFLICTS. THE CENTER'S MANAGEMENT ACTIVELY REVIEWS THROUGHOUT THE YEAR ANY ACTION THAT COULD CREATE A POTENTIAL CONFLICT OF INTEREST AND INVESTIGATES APPROPRIATELY. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE CENTER'S CHIEF HUMAN RESOURCES OFFICER MEETS WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS TO REVIEW THE SALARIES OF THE PRESIDENT AND OFFICERS. THIS REVIEW INCLUDES AN ANALYSIS OF SALARY HISTORY AND COMPARABLE DATA. COMPENSATION AMOUNTS ARE DETERMINED SOLELY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS WHO ARE INDEPENDENT PARTIES. FORM 990, PART VI, SECTION C, LINE 19 THE CENTER'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE SET FORTH IN SECTION 6104(D). FORM 990, PART VI, SECTION A, LINE 1A, GOVERNING BODIES: THE CENTER FOR CREATIVE LEADERSHIP HAS TWO SETS OF GOVERNING BODIES; BOARD OF TRUSTEES AND BOARD OF GOVERNORS. AS OF MARCH 31, 2018, THE BOARD OF TRUSTEES CONSISTED OF NINE INDIVIDUALS, FOUR OF WHOM WERE ALSO PARTICIPANTS ON THE BOARD OF GOVERNORS. THE BOARD OF GOVERNORS WAS COMPRISED OF SEVENTEEN ADDITIONAL INDIVIDUALS. THE BOARD OF TRUSTEES HAVE THE SOLE AUTHORITY TO: ELECT THE TRUSTEES, ELECT THE GOVERNORS, ELECT THE PRESIDENT, ADOPT AND AMEND BYLAWS, MANAGE THE REAL AND PERSONAL PROPERTY, SELECT THE AUDITORS, SET COMPENSATION OF TRUSTEES AND GOVERNORS AND APPROVE ANY INDEBTEDNESS. THE BOARD OF GOVERNORS HAS ALL OTHER OVERSIGHT AUTHORITY EXCEPT FOR THE ITEMS RESERVED FOR THE TRUSTEES. FORM 990, PART VI, SECTION A, LINE 1B, NON-INDEPENDENT VOTING MEMBER: JOHN RYAN, A MEMBER OF THE BOARD OF GOVERNORS, IS ALSO PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE CENTER FOR CREATIVE LEADERSHIP. FORM 990, PART VI, SECTION B, LINE 10A, ORGANIZATIONAL BRANCHES: THE CENTER FOR CREATIVE LEADERSHIP OPERATES CAMPUSES IN GREENSBORO, NORTH CAROLINA; COLORADO SPRINGS, COLORADO; SAN DIEGO, CALIFORNIA; AND BRUSSELS, BELGIUM. THE ORGANIZATION OPERATES WHOLLY OWNED SUBSIDIARIES IN GURGAON, INDIA; ADDIS ABABA; ETHIOPIA; MOSCOW, RUSSIA; AND LONDON, ENGLND; AND SINGAPORE; A 75% OWNED SUBSIDIARY IN JOHANNESBURG, SOUTH AFRICA; AND A 70% OWNED SINGAPORE JOINT VENTURE TO PROVIDE SERVICES TO CHINA. FORM 990, PART VII, SECTION A: CCL HAS OFFICES LOCATED IN FOREIGN COUNTRIES WITH RESTRICTIVE LAWS REGARDING COMPENSATION DISCLOSURE. CCL HAS NOT DISCLOSED THAT FOREIGN COMPENSATION IN PART VII. THIS INFORMATION IS AVAILABLE TO THE IRS UPON REQUEST. FORM 990, PART VIII, LINE 7(I), SALES OF ASSETS OTHER THAN INVENTORY: SALES OF SECURITIES SHOWN ON FORM 990, PART VIII, LINE 7(I) ARE THE RESULT OF SALES OF INVESTMENTS OF MOORINGS CAPITAL, LLC. FORM 990, PART XI, LINE 9: ADJUSTMENT FOR EARNINGS FROM MOORINGS CAPITAL LLC K-1 2,776,074. NON CONTROLLING INTEREST IN CONSOLIDATED SUBSIDIARY 69,507. SUBSIDIARIES NET INCOME -659,293. FOREIGN CURRENCY TRANSLATION ADJUSTMENT 209,682. 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