2018-03-20T03:04:17-05:00 2017-09-30 521511275 RAFFA PC 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2016-10-01 521351785 COMPETITIVE ENTERPRISE INSTITUTE COMP 2023311010 1310 L STREET NW 7TH FLOOR WASHINGTON DC 20005 KENT LASSMAN PRESIDENT 2023311010 2018-03-20 1 FRANK H SMITH P00639053 2028825000 2018-03-20 207.238.152.33 2018-03-20 04:04:03 ED P 2068A00ABC0F57F0B625F2814A44784351942D35 00B909740C8DE27EAB8FBBBA182AAC5ED40AC9A9 2016 2021-01-29 14:40:06Z KENT LASSMAN 1310 L STREET NW 7TH FLOOR WASHINGTON DC 20005 7714638 0 X WWW.CEI.ORG X 1984 DC PUBLIC POLICY RESEARCH/EDUCATION DEDICATED TO PRINCIPLES OF FREE ENTERPRISE & LIMITED GOVERNMENT. 10 8 45 8 0 0 6903266 7226930 945550 162413 8149 10389 -153202 -112217 7703763 7287515 0 0 0 0 4037002 4371556 40672 44000 808961 3733459 3938448 7811133 8354004 -107370 -1066489 4136116 3880015 1893531 2703889 2242585 1176126 X COMPETITIVE ENTERPRISE INSTITUTE (CEI) IS A NON-PROFIT PUBLIC POLICY ORGANIZATION DEDICATED TO THE PRINCIPLES OF FREE ENTERPRISE AND LIMITED GOVERNMENT. WE BELIEVE THAT CONSUMERS ARE BEST HELPED NOT BY GOVERNMENT REGULATION BUT BY BEING ALLOWED TO MAKE THEIR OWN CHOICES IN A FREE MARKETPLACE. 0 1 1708397 162413 CENTER FOR LAW AND LITIGATIONCEI'S CENTER FOR LAW AND LITIGATION FOCUSES ON DEVELOPING NEW APPROACHES TO FIGHT OVERREGULATION THROUGH LITIGATION. IN AREAS RANGING FROM CEI'S SUCCESSFUL CONSTITUTIONAL CHALLENGE TO THE SARBANES OXLEY FINANCIAL REGULATION LAW, TO EXPOSING THE LETHAL IMPACT OF FEDERAL FUEL ECONOMY STANDARDS, THE CENTER FOR LITIGATION HAS ESTABLISHED MAJOR NEW PRECEDENTS FOR COMBATING REGULATIONS THAT RESTRICT CONSUMER CHOICE, STIFLE INNOVATION, AND LIMIT COMPETITION. OVERREGULATION CAN ALSO RESULT FROM CLASS ACTIONS. SUCH LAWSUITS SUFFER FROM AN INHERENT PROBLEM: PLAINTIFFS' LAWYERS HAVE AN INTEREST IN THEIR FEES, WHILE CORPORATE DEFENDANTS HAVE AN INTEREST IN CHEAPLY DISPOSING OF THE CASE. AS A RESULT, WHEN THESE CASES ARE SETTLED THE INTERESTS OF CLASS MEMBERS OFTEN TAKE A BACK SEAT. CEI'S CENTER FOR CLASS ACTION FAIRNESS REPRESENTS CLASS MEMBERS IN OPPOSING UNFAIR SETTLEMENTS. IT HAS WON MILLIONS OF DOLLARS FOR CONSUMERS AND SHAREHOLDERS, AND ESTABLISHED LANDMARK PRECEDENTS THAT DISCOURAGE THE FILING OF FRIVOLOUS CASES THAT BENEFIT ONLY THE LAWYERS WHO BRING THEM. 1115387 COMMUNICATIONS AND OUTREACHCEI'S COMMUNICATIONS AND OUTREACH DEPARTMENT ASSISTS THE CEI POLICY CENTERS WITH THEIR EFFORTS TO DISSEMINATE RESEARCH FINDINGS AND ANALYSIS TO VARIOUS AUDIENCES INCLUDING POLICYMAKERS, NEWS MEDIA, ALLIED ORGANIZATIONS, AND THE GENERAL PUBLIC. IT ALSO HELPS THE POLICY CENTERS BUILD COALITIONS OF LIKE MINDED SCHOLARS, ACTIVISTS, AND OTHER STAKEHOLDERS TO ADVANCE THE ORGANIZATION'S MISSION OF PROMOTING THE INSTITUTIONS OF LIBERTY AND REMOVING GOVERNMENT-CREATED BARRIERS TO ECONOMIC FREEDOM, INNOVATION, AND PROSPERITY. 934291 CENTER FOR ECONOMIC FREEDOMCEI'S CENTER FOR ECONOMIC FREEDOM WORKS TO ENSURE THAT VOLUNTARY ECONOMIC TRANSACTIONS REMAIN FREE FROM GOVERNMENT COERCION AND CONTROL. THE CENTER FOR ECONOMIC FREEDOM DEFENDS AGAINST ATTACKS ON THESE FREEDOMS FROM BUREAUCRATS AND NANNY-STATE BUSYBODIES, WORKING TO EXPAND THE ORBIT OF VOLUNTARY ARRANGEMENTS IN THE ECONOMY - INCLUDING BANKING AND FINANCE, LABOR AND EMPLOYMENT, INSURANCE, THE FREEDOM TO TAKE RISKS AS AN ENTREPRENEUR OR CONSUMER, INTERNATIONAL TRADE AND DEVELOPMENT, AND MANY OTHERS. THE CENTER FOR ECONOMIC FREEDOM AIMS FOR A WORLD WHERE THE RIGHTS AND BENEFITS OF FREE TRANSACTIONS ARE RECOGNIZED, RESPECTED, AND PROTECTED. 869774 EXECUTIVE 844752 CENTER FOR ENERGY AND ENVIRONMENT 461416 CENTER FOR TECHNOLOGY AND INNOVATION 210019 CENTER FOR ADVANCING CAPITALISM 61864 REALCLEAR RADIO HOUR 2447825 6205900 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 42 0 1 45 1 0 0 0 0 0 1 1 0 0 0 0 X 10 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X MEGAN MCLAUGHLIN 2023311010 1310 L STREET NW 7TH FLOOR WASHINGTON DC 20005 W THOMAS HAYNES CHAIRMAN 1.00 X 0 0 0 FRED L SMITH JR - FOUNDER DIRECTOR, DIR. FOR CTR. FOR ADV. CAP. 40.00 X 181272 0 21812 JAMES R CURLEY DIRECTOR 1.00 X 0 0 0 MICHAEL W GLEBA DIRECTOR 1.00 X 0 0 0 MICHAEL S GREVE DIRECTOR 1.00 X 0 0 0 JEAN-CLAUDE GRUFFAT DIRECTOR 1.00 X 0 0 0 KERRY HALFERTY HARDY DIRECTOR 1.00 X 0 0 0 W THOMAS HAYNES DIRECTOR 1.00 X 0 0 0 JAMES R VON EHR DIRECTOR 1.00 X 0 0 0 KENT LASSMAN PRESIDENT (AS OF 04/2016) 40.00 X X 161946 0 14217 MEGAN MCLAUGHLIN TREASURER, SEN. DIR. FINANCE 40.00 X 100890 0 6796 AMANDA FRANCE SECRETARY, EXECUTIVE ASSISTANT 40.00 X 70405 0 5447 GREGORY CONKO INT PRES (01-04/2016), ED, VP - UNTIL 12/2016 40.00 X 156896 0 7080 THEODORE FRANK DIRECTOR OF CTR. FOR CLASS ACTION FAIRNESS 40.00 X 211736 0 7114 WAYNE CREWS VP FOR POLICY 40.00 X 150847 0 26718 SAM KAZMAN GENERAL COUNSEL 40.00 X 124830 0 19382 COLEY JACKSON VP OF EXTERNAL AFFAIRS 40.00 X 121108 0 711 MYRON EBELL DIRECTOR FOR CTR. FOR ENERGY 40.00 X 120909 0 1144 IAIN MURRAY VP FOR STRATEGY 40.00 X 110255 0 20827 1511094 0 131248 13 0 1 0 BOYDEN GRAY & ASSOCIATES PLLC 1627 I STREET NW 950 WASHINGTON DC 20006 LEGAL SERVICES 300623 MORGAN MEREDITH & ASSOCIATES 22780 INDIAN CREEK DRIVE SUITE 100 DULLES VA 20166 DIRECT MAIL PROCESSING 271971 O'MELVENY & MYERS LLP 1625 I STREET NW WASHINGTON DC 20006 LEGAL SERVICES 200000 BAKER HOSTETLER PO BOX 70189 CLEVELAND OH 44190 LEGAL SERVICES 146843 4 759089 6467841 334837 7226930 COURT-AWARDED FEES 900099 162413 162413 162413 10905 10905 76204 76720 -516 -516 -516 153991 759089 350403 -196412 -196412 SUBLEASE INCOME 900099 76865 76865 REIMBURSEMENTS/REFUNDS 900099 5000 5000 MISCELLANEOUS 900099 2330 2330 84195 7287515 162413 0 -101828 880037 761430 118607 2872412 2241226 217379 413807 10556 9017 725 814 345033 287253 26187 31593 263518 206472 24831 32215 261606 261606 96673 96673 44000 44000 435612 402383 8184 25045 63997 63997 201234 84170 85363 31701 87159 8525 61171 17463 1202282 1202282 158269 104187 6057 48025 509245 462660 27250 19335 5509 5509 234439 234439 59594 13865 45729 LOSS ON SUBLEASE 371450 371450 DIRECT MAIL 154548 134740 19808 BOOKS & SUBSCRIPTIONS 86831 69632 12295 4904 PLEDGE WRITE-OFFS 10000 10000 1094737 -1234796 140059 8354004 6205900 1339143 808961 X 189627 129459 19808 40360 827890 894052 195330 449555 447862 337500 314057 163126 1710883 380083 1282488 1330800 583681 581151 484808 123831 4136116 3880015 331585 271918 32161 22044 1529785 2409927 1893531 2703889 X 2188064 1095075 54521 81051 2242585 1176126 4136116 3880015 -1066489 30 0 X 0 1 X 1 0 X 6470211 7105791 7605353 6903266 7226930 35311551 6470211 7105791 7605353 6903266 7226930 35311551 4090808 31220743 10824 10120 9779 10648 87770 129141 109 109 7543 8282 5168 2330 23323 35464124 1986064 0.88030 0.88720 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2012 AMOUNT: $ 7,285. 2013 AMOUNT: $ 8,282. 2014 AMOUNT: $ 0. 2015 AMOUNT: $ 5,168. 2016 AMOUNT: $ 2,330. PUBLICATIONS - 2012 AMOUNT: $ 258. 2013 AMOUNT: $ 0. 2014 AMOUNT: $ 0. 2015 AMOUNT: $ 0. 2016 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3107 18004 21111 8288893 8310004 565500 141375 0 0 467891 497436 529985 565500 2060812 3091218 23145 27340 31510 21111 103106 116973 124359 132496 141375 515203 772805 84 139 265 3107 3595 983556 97743 885813 501382 229486 271896 225945 52854 173091 1330800 DEFERRED RENT AND LEASE INCENTIVES 2025328 CAPITAL LEASE OBLIGATION 13149 LIABILITY FOR LOSS ON SUBLEASE 371450 2409927 X 7755108 30 117160 350403 467593 7287515 0 7287515 8821567 117160 350403 467563 8354004 0 8354004 PART X, LINE 2: CEI REVIEWS AND ASSESSES ALL ACTIVITIES ANNUALLY TO IDENTIFY ANY CHANGES IN THE SCOPE OF THE ACTIVITIES AND REVENUE SOURCES AND THE TAX TREATMENT THEREOF, TO IDENTIFY ANY UNCERTAINTY IN INCOME TAXES. FOR THE YEARS ENDED SEPTEMBER 30, 2017 AND 2016, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAINTY IN INCOME TAXES REQUIRING RECOGNITION OR DISCLOSURE IN THESE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 350,403. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 350,403. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES EDUCATIONAL CAMPAIGN 313881 0 0 0 0 0 0 313881 0 313881 0 0 0 0 0 0 PART I, LINE 3: IN ACCORDANCE WITH IRS INSTRUCTIONS, ALL AMOUNTS REPORTED IN PART I OF SCHEDULE F ARE REPORTED USING THE ACCRUAL BASIS OF ACCOUNTING, THE SAME METHOD OF ACCOUNTING USED IN THE FINANCIAL STATEMENTS. X X X X 1 CLEARWORD COMMUNICATIONS GROUP 12841 BRAEMAR VILLAGE PLAZA 51 BRISTOW VA 20136 FUNDRAISING CONSULTING 0 280441 44000 236441 280441 44000 236441 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI ANNUAL DINNER 913080 759089 153991 145771 4727 199905 913080 759089 153991 145771 4727 199905 350403 -196412 X X X 0 0 0 0 0 0 0 1 0 FRED L SMITH JR - FOUNDER DIRECTOR, DIR. FOR CTR. FOR ADV. CAP 181272 0 0 0 0 0 0 0 21812 0 203084 0 0 0 KENT LASSMAN PRESIDENT (AS OF 04/2016) 145596 0 16350 0 0 0 0 0 14217 0 176163 0 0 0 GREGORY CONKO INT PRES (01-04/2016), ED, VP - UNTIL 12/2016 156896 0 0 0 0 0 0 0 7080 0 163976 0 0 0 THEODORE FRANK DIRECTOR OF CTR. FOR CLASS ACTION FAIRNESS 211736 0 0 0 0 0 0 0 7114 0 218850 0 0 0 WAYNE CREWS VP FOR POLICY 150847 0 0 0 0 0 0 0 26718 0 177565 0 0 0 PART I, LINE 7 THE BOARD OF DIRECTORS DETERMINES THE BONUS FOR THE PRESIDENT. THE PRESIDENT AND EXECUTIVE DIRECTOR DETERMINE THE BONUSES FOR ALL OTHER STAFF. X 1 271100 FMV X 7 63737 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART III, LINE 3 DURING THE YEAR ENDED SEPTEMBER 30, 2017, THE OFFICE OF THE PRESIDENT PROGRAM CHANGED ITS NAME TO EXECUTIVE. THE CENTER FOR RISK AND FREEDOM PROGRAM WAS DISCONTINUED. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT VERSION OF THE FEDERAL FORM 990 IS REVIEWED BY THE PRESIDENT, EXECUTIVE DIRECTOR, TREASURER/SENIOR DIRECTOR OF FINANCE AND OPERATIONS, AS WELL AS THE FULL BOARD OF DIRECTORS. AFTER THE REVIEW, ANY CHANGES NEEDED ARE MADE BY THE TAX RETURN PREPARER. THE FINAL FEDERAL FORM 990 IS THEN ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES CONSULT WITH THEIR DIRECT SUPERVISOR OVER ANY AREAS THAT COULD BE CONFLICTS OF INTEREST. IF THE SUPERVISOR BELIEVES THE ISSUE NEEDS TO BE ADDRESSED AT A HIGHER LEVEL THE SUPERVISOR CAN THEN MOVE THE DISCUSSION UP THE CHAIN OF COMMAND WITHIN CEI. UNDER CEI'S CONFLICT OF INTEREST POLICY, BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS BASED ON COMPARABILITY DATA. THE LAST COMPENSATION STUDY FOR THE PRESIDENT WAS CONDUCTED IN 2012. THE NEXT COMPENSATION STUDY WILL BE CONDUCTED IN 2018. AS THE PRESIDENT'S COMPENSATION WAS AT THE LOW-END WHEN THE STUDY WAS CONDUCTED THE BOARD OF DIRECTORS ARE COMFORTABLE WITH THE CURRENT COMPENSATION. COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS HANDLED BY THE PRESIDENT AND GROUP OF INDEPENDENT SENIOR STAFF. THE COMPENSATION IS EVALUATED BASED ON PERFORMANCE AND COMPARABILITY DATA WITH OTHER SIMILAR ORGANIZATIONS IN THE WASHINGTON, DC AREA. FORM 990, PART VI, SECTION C, LINE 19 CEI DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE MOST RECENT AUDITED FINANCIAL STATEMENTS AND FEDERAL FORM 990 ARE AVAILABLE ON THE WEBSITE.