THE ECONOMIC CLUB OF WASHINGTON DC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- THE ECONOMIC CLUB OF WASHINGTON DC (EIN 52-1469926)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-15
- IRS object ID
- 201711359349306341
- Schema version
- 2015v3.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-15T12:56:03-05:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 N GLEBE ROAD SUITE 200 | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521469926 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ECONOMIC CLUB OF WASHINGTON DC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ECON | BusinessNameControlTxt |
| Phone | 2024813260 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1156 15TH STREET NW NO 601 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARY BRADY | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2024813260 | PhoneNum |
| Signature | 2017-05-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID TRIMNER CPA | PreparerPersonNm |
| PTIN | P00444482 | PTIN |
| Phone | 5712279500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARY BRADY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1156 15TH STREET NW NO 601 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,448,463 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ECONOMICCLUB.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1986 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE A FORUM FOR THE STUDY AND DISCUSSION OF TIMELY ECONOMIC, BUSINESS, AND PUBLIC POLICY ISSUES; TO INCREASE REGIONAL UNDERSTANDING OF NATIONAL AND INTERNATIONAL ECONOMIC ISSUES; TO PROMOTE A SENSE OF COMMUNITY AND AN EXCHANGE OF IDEAS AMONG THE NATIONAL CAPITAL REGION'S BUSINESS, PROFESSIONAL,GOVERNMENTAL, AND INTERNATIONAL LEADERSHIP; TO MAKE NONPARTISAN ANALYSES AND DISCUSSIONS OF TIMELY ECONOMIC, BUSINESS, AND POLITICAL ISSUES AVAILABLE TO MEMBERS, GOVERNMENT OFFICIALS, AND THE GENERAL PUBLIC; AND TO SUPPORT EDUCATION INITIATIVES THROUGH ANNUAL DOCTORAL-CANDIDATE FELLOWSHIPS AND SCHOLARSHIP PROGRAM FOR GRADUATING HIGH SCHOOL SENIORS PLANNING TO ATTEND COLLEGE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 43 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 42 | VotingMembersIndependentCnt |
| Total Employee | 13 | TotalEmployeeCnt |
| Total Volunteers | 42 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,653,196 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,086,711 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $291,896 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $298,710 | CYProgramServiceRevenueAmt |
| PY Investment Income | $53,074 | PYInvestmentIncomeAmt |
| CY Investment Income | $29,649 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,998,166 | PYTotalRevenueAmt |
| CY Total Revenue | $3,415,070 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $614,020 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $596,820 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $764,428 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $893,615 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,551,814 | PYOtherExpensesAmt |
| CY Other Expenses | $1,581,990 | CYOtherExpensesAmt |
| PY Total Expenses | $2,930,262 | PYTotalExpensesAmt |
| CY Total Expenses | $3,072,425 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $67,904 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $342,645 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,119,445 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,782,974 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,169,432 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,515,044 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,950,013 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,267,930 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE A FORUM FOR THE STUDY AND DISCUSSION OF TIMELY ECONOMIC, BUSINESS, AND POLITICAL ISSUES. TO INCREASE REGIONAL UNDERSTANDING OF NATIONAL AND INTERNATIONAL ECONOMIC ISSUES AMONGST THE REGION'S BUSINESS, PROFESSIONAL, GOVERNMENTAL, AND INTERNATIONAL LEADERSHIP. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,276,851 | ExpenseAmt |
| Revenue | $142,150 | RevenueAmt |
| Desc | PROGRAM EVENTS - MONTHLY BREAKFAST, LUNCH, OR DINNER EVENTS PROVIDING REGIONAL BUSINESS LEADERS AND THEIR GUESTS THE OPPORTUNITY TO HEAR FEATURED SPEAKERS AND GAIN A BETTER UNDERSTANDING OF ECONOMIC ISSUES. THESE SIGNATURE EVENTS PROMOTE A GREATER SENSE OF COMMUNITY AMONG THE AREA'S TOP EXECUTIVES, REGIONAL AND NATIONAL GOVERNMENT OFFICIALS, AND THE DIPLOMATIC COMMUNITY. ADDITIONAL EVENTS PROVIDE MEMBERS REGULAR OPPORTUNITY FOR SMALL-GROUP PEER INTERACTION. SEMI-ANNUAL MEMBER-HOSTED DINNERS FOSTER COMMUNITY THROUGH INFORMAL DISCUSSION IN A SOCIAL SETTING, AND REGULAR EXECUTIVE CONVERSATIONS ALLOW SELECT MEMBERS TO GAIN IN-DEPTH KNOWLEDGE ABOUT UPCOMING TRENDS, AND UNIQUE BUSINESS ISSUES AND SOLUTIONS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $786,255 | ExpenseAmt |
| Grant | $596,820 | GrantAmt |
| Desc | SCHOLARSHIP PROGRAMS - COLLEGE SCHOLARSHIPS IN THE AMOUNT OF $10,000 EACH ARE AWARDED TO UP TO 44 WASHINGTON, DC, PUBLIC AND CHARTER HIGH SCHOOL SENIORS BASED ON ACADEMIC ACHIEVEMENT AND OTHER FACTORS. THROUGH A VIGOROUS APPLICATION PROCESS, FELLOWSHIPS IN THE AMOUNT OF $10,000 EACH ARE AWARDED TO UP TO 3 DESERVING AND QUALIFIED DOCTORAL CANDIDATE STUDENTS STUDYING AREAS OF INTEREST TO THE ECONOMIC CLUB OF WASHINGTON, DC, AND WHO ARE CURRENTLY ENROLLED AT COLLEGES AND UNIVERSITIES WITHIN THE CONSORTIUM OF UNIVERSITIES IN THE WASHINGTON METROPOLITAN AREA. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $300,741 | ExpenseAmt |
| Revenue | $156,560 | RevenueAmt |
| Desc | MEMBERSHIP - A PROGRAM DEVISED TO ATTRACT AND RETAIN POTENTIAL MEMBERS WHO CAN CONTRIBUTE TO THE DISCUSSION OF ECONOMIC AND PUBLIC POLICY ISSUES OF IMPORTANCE TO OUR MEMBERS, OUR COMMUNITY, AND THE NATION, AND WHO REFLECT AND EXPAND THE DIVERSITY OF ECONOMIC KNOWLEDGE AND EXPERIENCE REPRESENTED BY THE ORGANIZATION, AND SUPPORT OUR POSITION AS THE PREMIER FORUM FOR LEADERS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,743 | ExpenseAmt |
| Desc | EDUCATION - THE ORGANIZATION DISSEMINATES EDUCATIONAL MATERIAL TO THEGENERAL PUBLIC AND TO EDUCATIONAL INSTITUTIONS ACROSS THE U.S. THROUGHTHE INTERNET AND USPS MAIL. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $6,743 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $2,370,590 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 13 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 13 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 43 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 42 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRAIG LEJEUNE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2024813260 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1156 15TH STREET NW SUITE 601 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| RUBENSTEIN DAVID M | ||||||
| PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARY BRADY | ||||||
| EXECUTIVE DIRECTOR | 48.00 | Yes (X) | Yes (X) | $305,000 | $0 | $49,716 |
| WENDELIN WHITE | ||||||
| GENERAL COUNSEL | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| STU SOLOMON | ||||||
| SECRETARY | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CAROL MELTON | ||||||
| VICE PRESIDENT | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAVID GEANACOPOULOS | ||||||
| CO-VICE PRESIDENT OF MEMBERSHIP | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAVID POLLIN | ||||||
| CO-VICE PRESIDENT OF NOMINATIONS | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHRISTOPHER G CAINE | ||||||
| CO-VICE PRESIDENT OF MEMBERSHIP | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GARY TABACH | ||||||
| VICE PRESIDENT OF AUDIT | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JEFFREY EISENACH | ||||||
| VICE PRESIDENT OF EDUCATION | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOHN LEE | ||||||
| VICE PRESIDENT OF FINANCE | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRIAN KELLY | ||||||
| CO-VICE PRESIDENT OF PROGRAMS | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ERIC SPIEGEL | ||||||
| CO-VICE PRESIDENT OF PROGRAMS | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAVE MCCURDY | ||||||
| RESOURCE DEVELOPMENT | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GINA ADAMS | ||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MEREDITH BAKER | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| BRIAN BERRY | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| KATHERINE BRADLEY | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| TONI COOK BUSH | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| TERESA CARLSON | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| TIMOTHY COUGHLIN | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| CHRISTOPHER M CRANE | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| JACK DAVIES | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| MARGARET DUNNING | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| JORDAN GOLDSTEIN | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| BARRY GRANGER | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL HARRELD | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| KIM HORN | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| TIM KEATING | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| STEVEN KNAPP | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| DEBRA L LEE | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| KATHLEEN MATTHEWS | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| ROBERT MILKOVICH | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| SUSAN MOLINARI | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| CHERYL MOORE | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| GEOFF MORRELL | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| KURT NEWMAN | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| LINDA RABBITT | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| TODD RICH | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| KENNTH SAMET | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| JONATHAN WITTER | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| CANDIDA WOLFF | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| JEFF WOOD | ||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $305,000 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $49,716 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PRG | |||||
| PO BOX 5116 | NEW YORK | NY | 10087 | AUDIO VISUAL EVENT PRODUCTION | $215,916 |
| URBAN ALLIANCE | |||||
| 2030 Q STREET NW | WASHINGTON | DC | 20009 | INTERNSHIP PROGRAM FACILITATORS | $136,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $1,287,998 | MembershipDuesAmt |
| All Other Contributions | $1,798,713 | AllOtherContributionsAmt |
| Total Contributions | $3,086,711 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MEETINGS REVENUE | 900099 | $156,560 | $156,560 |
| MEMBER DUES | 900099 | $142,150 | $142,150 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $298,710 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,729 | TotalRevenueColumnAmt |
| Exclusion | $17,729 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $45,313 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $33,393 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,920 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,920 | TotalRevenueColumnAmt |
| Exclusion | $11,920 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,415,070 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $298,710 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $29,649 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $596,820 | TotalAmt |
| Program Services | $596,820 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $345,299 | TotalAmt |
| Program Services | $258,974 | ProgramServicesAmt |
| Management And General | $86,325 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $415,719 | TotalAmt |
| Program Services | $310,991 | ProgramServicesAmt |
| Management And General | $104,728 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,686 | TotalAmt |
| Program Services | $19,968 | ProgramServicesAmt |
| Management And General | $6,718 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,244 | TotalAmt |
| Program Services | $45,817 | ProgramServicesAmt |
| Management And General | $15,427 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,667 | TotalAmt |
| Program Services | $33,423 | ProgramServicesAmt |
| Management And General | $11,244 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,592 | TotalAmt |
| Management And General | $77,592 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,437 | TotalAmt |
| Management And General | $7,437 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,568 | TotalAmt |
| Program Services | $18,200 | ProgramServicesAmt |
| Management And General | $68,368 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,026 | TotalAmt |
| Program Services | $40,337 | ProgramServicesAmt |
| Management And General | $6,689 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,880 | TotalAmt |
| Program Services | $44,781 | ProgramServicesAmt |
| Management And General | $95,099 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,655 | TotalAmt |
| Program Services | $2,162 | ProgramServicesAmt |
| Management And General | $49,493 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,726 | TotalAmt |
| Management And General | $132,726 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $874,383 | TotalAmt |
| Program Services | $857,874 | ProgramServicesAmt |
| Management And General | $16,509 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,984 | TotalAmt |
| Management And General | $7,984 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,087 | TotalAmt |
| Management And General | $5,087 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| SCHOLARSHIP STAFF & MAT | $109,950 | $114,050 | -$4,100 |
| MEMBERSHIP DUES & SUBSC | $22,301 | $10,515 | $11,786 |
| STAFF ASSISTANCE | $19,401 | $16,678 | $2,723 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,072,425 | TotalAmt |
| Program Services | $2,370,590 | ProgramServicesAmt |
| Management And General | $701,835 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,938,630 | BOYAmt |
| EOY | $2,044,012 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $330,569 | BOYAmt |
| EOY | $782,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,618 | BOYAmt |
| EOY | $51,772 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $55,885 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $9,350 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,519 | BOYAmt |
| EOY | $46,535 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $765,109 | BOYAmt |
| EOY | $858,655 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,119,445 | BOYAmt |
| EOY | $3,782,974 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,632 | BOYAmt |
| EOY | $381,599 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,001,800 | BOYAmt |
| EOY | $1,133,445 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,169,432 | BOYAmt |
| EOY | $1,515,044 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,609,013 | BOYAmt |
| EOY | $1,869,430 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $341,000 | BOYAmt |
| EOY | $398,500 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,950,013 | BOYAmt |
| EOY | $2,267,930 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,119,445 | BOYAmt |
| EOY | $3,782,974 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $342,645 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$24,728 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,010,102 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,881,602 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,405,196 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,653,196 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,086,711 | CurrentTaxYearAmt |
| Total | $12,036,807 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,010,102 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,881,602 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,405,196 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,653,196 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,086,711 | CurrentTaxYearAmt |
| Total | $12,036,807 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,976,112 | SubstantialContributorsTotAmt |
| Public Support Total170 | $10,060,695 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,485 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,074 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,262 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,224 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,729 | CurrentTaxYearAmt |
| Total | $70,774 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $12,107,581 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,909,270 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.83090 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84840 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $55,885 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,350 | DepreciationAmt |
| Book Value | $46,535 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $46,535 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,397,842 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$24,728 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $7,500 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | -$17,228 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,415,070 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,415,070 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,079,925 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $7,500 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $7,500 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,072,425 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,072,425 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CLUB IS EXEMPT, EXCEPT FOR UNRELATED BUSINESS INCOME,FROM TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(1) OF THE IRC. AS OF JUNE 30, 2016, THE CLUB DID NOT HAVE ANY REVENUE OR EXPENSES FROM UNRELATED BUSINESS ACTIVITIES AND THEREFORE, DID NOT INCUR ANY RELATED INCOME TAXES. MANAGEMENT BELIEVES THAT IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION UNDER THE ACCOUNTING CODIFICATION GUIDANCE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| FELLOWSHIP AWARD | 2 | $20,000 |
| RUBENSTEIN SCHOLARSHIP | 48 | $422,500 |
| COMMUNITY GRANTS/ INTERNSHIPS | 20 | $154,320 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FELLOWSHIPS ARE PRESENTED TO INDIVIDUAL WINNERS BASED ON RECOMMENDATIONS PROVIDED BY A THIRD PARTY REVIEWER BASED ON THE GUIDELINES IN THE FELLOWSHIP APPLICATION. FUNDS ARE DISTRIBUTED BY THE CONSORTIUM OF UNIVERSITIES AND RELEASED IN PAYMENTS BASED ON TARGETED ACHIEVEMENTS. THE ORGANIZATION ALSO PRESENTS SCHOLARSHIPS TO STUDENTS PLANNING TO ATTEND COLLEGE. THE SCHOLARSHIP IS DISPERSED DIRECTLY TO THE UNIVERSITY IN THE STUDENT'S NAME ONLY AFTER ADMISSION TO THE UNIVERSITY HAS BEEN CONFIRMED. THE TOTAL SCHOLARSHIP IS RELEASED IN TWO PAYMENTS PAYABLE TO THE UNIVERSITY FOR THE STUDENT'S BENEFIT, IN THE FALL AND WINTER. ECONOMIC CLUB SCHOLARS ATTENDING COLLEGE ARE PROVIDED INTERNSHIP OPPORTUNITIES. THE CLUB PARTNERS WITH URBAN ALLIANCE TO FUND AND PROVIDE JOB TRAINING AND PLACEMENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARY BRADY | PersonNm |
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $285,000 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $20,000 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $34,450 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $15,266 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $354,716 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PAYS FOR THE EXECUTIVE DIRECTOR'S UNIVERSITY CLUB MEMBERSHIP. IT IS NOT INCLUDED IN MARY'S COMPENSATION AS THE ORGANIZATION BELIEVES IT'S AN ORDINARY AND NECESSARY BUSINESS EXPENSE FOR MEMBERSHIP RECRUITMENT AND ENGAGEMENT. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LINDA LARSON | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY MEMBER OF OFFICER | RelationshipDescriptionTxt |
| Transaction | $48,288 | TransactionAmt |
| Transaction | LINDA LARSON, SISTER TO MARY BRADY, PERFORMS CONTRACT WORK AS SCHOLARSHIP COORDINATOR FOR THE ORGANIZATION. THE SCHOLARSHIP COORDINATOR'S COMPENSATION IS REVIEWED AND APPROVED BY MEMBERS OF THE BOARD ALSO SERVING ON THE ECONOMIC CLUB'S AUDIT COMMITTEE. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE CONSISTS OF THE PRESIDENT, FIRST VICE PRESIDENT, EXECUTIVE DIRECTOR, SECRETARY, GENERAL COUNSEL, AND THE VICE PRESIDENTS WHO ARE CHAIRS OR CO-CHAIRS OF THE AUDIT AND COMPLIANCE, EDUCATION,TASK FORCES, FINANCE, MEMBERSHIP, NOMINATING AND PROGRAMS STANDING COMMITTEES. THE EXECUTIVE COMMITTEE HAS THE FULL MANAGERIAL AND OPERATIONAL POWER AND AUTHORITY OF THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 2 | DAVID M RUBENSTEIN IS A MEMBER OF THE CARLYLE GROUP. |
| FORM 990, PART VI, SECTION A, LINE 6 | THERE IS NO DIFFERENTIATION IN CLASSES OF MEMBERS. HOWEVER, MEMBERS MAY PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE BY SERVING ON A COMMITTEE. EACH COMMITTEE REPORTS TO THE BOARD OF DIRECTORS, THERBY GIVING ALL MEMBERS WHO WISH TO PARTICIPATE THE OPPORTUNITY TO INFLUENCE THE ORGANIZATION'S GOVERNANCE. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GOVERNING BODY (THE BOARD) MANAGES THE BUSINESS OF THE ECONOMIC CLUB. THE BOARD CONSISTS OF 43 DIRECTORS, 33 OF WHOM ARE ELECTED BY THE MEMBERS OF THE CLUB, 1 OF WHOM IS THE SECRETARY OF THE CLUB, 1 OF WHOM IS THE EXECUTIVE DIRECTOR. THE PRESIDENT IS ENTITLED, BUT NOT OBLIGATED, TO APPOINT ADDITIONAL DIRECTORS TO FILL THE REMAINING 8 SEATS. ALL MEMBERS OF THE ECONOMIC CLUB ARE OF ONE CLASS, AND EACH MEMBER OF THE CLUB IS ENTITLED TO ONE VOTE FOR THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF MEMBERS. THE ORGANIZATION HAS MEMBERS WHO MAY SERVE ON A NOMINATING COMMITTEE. THE NOMINATING COMMITTEE CO-CHAIRMEN AND THE COMMITTEE MEMBERS PROPOSE CANDIDATES TO SERVE ON THE GOVERNING BOARD OF DIRECTORS. THE BOARD APPROVES THE NOMINEES AND THE MEMBERS AT THE ANNUAL MEETING GIVE FINAL APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY THE AUDITOR, AND REVIEWED BY THE VICE PRESIDENT OF AUDIT AND THE FINANCE COMMITTEE PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE (HENCEFORTH ""OFFICER"") SHALL DISCLOSE TO THE ECONOMIC CLUB ANY PERSONAL INTEREST WHICH HE OR SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE CLUB AND SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER. UPON OR BEFORE ELECTION, HIRING, OR APPOINTMENT, THE OFFICER WILL MAKE A FULL, WRITTEN DISCLOSURE OF INTERESTS, RELATIONSHIPS, AND HOLDINGS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST. THIS WRITTEN DISCLOSURE IS KEPT ON FILE AND THE OFFICER IS REQUIRED TO UPDATE IT AS CHANGES REQUIRE. IN THE COURSE OF MEETINGS OR ACTIVITIES, OFFICERS WILL DISCLOSE ANY INTERESTS IN A TRANSACTION OR DECISION WHERE THEY (INCLUDING THEIR BUSINESS OR OTHER NONPROFIT AFFILIATIONS) SHALL, DIRECTLY OR INDIRECTLY, DERIVE ANY PROFIT OR GAIN. AFTER DISCLOSURE, THE OFFICER IS REQUIRED TO LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT INVOLVES THE CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION IS APPROVED BY THE VP OF FINANCE AND THEN APPROVED BY THE PRESIDENT AND EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST TO THE ORGANIZATION. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS THE COMMITTEE USES FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEAR. |
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