2017-02-02T14:38:55-06:00 2016-06-30 420714325 RSM US LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2015-07-01 530159845 URBAN LAND INSTITUTE URBA 2026247000 2001 L STREET NW NO 200 WASHINGTON DC 20036 PATRICK L PHILLIPS CEO 2026247000 2017-02-02 1 WILLIAM E TURCO CPA P00369217 3012963600 2015 2021-01-29 14:40:06Z X PATRICK L PHILLIPS 2001 L STREET NW NO 200 WASHINGTON DC 20036 72957291 0 X WWW.ULI.ORG X 1936 IL TO PROVIDE LEADERSHIP IN THE RESPONSIBLE USE OF LAND AND IN CREATING AND SUSTAINING THRIVING COMMUNITIES WORLDWIDE. 16 15 241 7200 1641439 -19636 9863831 4615943 63320316 67645840 1157697 695508 0 0 74341844 72957291 1081182 1516530 0 0 23496309 25079641 0 0 1513576 42203300 47445111 66780791 74041282 7561053 -1083991 71648653 74322989 21055245 25595107 50593408 48727882 X TO PROVIDE LEADERSHIP IN THE RESPONSIBLE USE OF LAND AND IN CREATING AND SUSTAINING THRIVING COMMUNITIES WORLDWIDE. 0 0 31591165 117160 27542420 DISTRICT COUNCILS/NATIONAL COUNCILS:THE PURPOSE OF THE DISTRICT/NATIONAL COUNCILS PROGRAM IS TO PROVIDE ULI'S PRESENCE AT THE LOCAL LEVEL, THROUGH THE DEVELOPMENT AND PRESENTATION OF PROGRAMS OF WORK THAT ADDRESS LOCAL REAL ESTATE AND URBAN PLANNING ISSUES. THE ACTIVITIES RECORDED HERE REPRESENT THE ACTIVITIES PERFORMED DIRECTLY BY THE DISTRICT/NATIONAL COUNCILS WHICH ARE ACCOUNTED FOR SEPARATELY WITHIN ULI, AS WELL AS, THE COSTS INCURRED BY ULI AT THE NATIONAL LEVEL TO SUPPORT THE DISTRICT/NATIONAL COUNCIL PROGRAM. THE MAJORITY OF THE COSTS AT THE NATIONAL LEVEL ARE FOR PROGRAM SUPPORT AND LOGISTICAL SUPPORT, AS WELL AS, COMMUNITY OUTREACH EFFORTS IN THE AREAS OF REGIONAL COOPERATION, URBAN REVITALIZATION, AND EDUCATING HIGH SCHOOL STUDENTS ON LAND USE AND DEVELOPMENT ISSUES. 6981326 648 15788344 MEETINGS/CONFERENCES:THE MEETINGS PROGRAM REPRESENTS THE REVENUES AND EXPENSES RELATED TO ULI'S SPRING AND FALL ANNUAL MEETINGS WHILE THE CONFERENCE PROGRAM FOCUSES ON DEVELOPMENT TOPICS OF IMMEDIATE INTEREST, SUCH AS RESORT AND MASTER PLANNED COMMUNITIES, ENTERTAINMENT, AND INTERNATIONAL REAL ESTATE FINANCE AND INVESTMENT. 6650743 4000 2592078 ULI CENTERS AS AREAS OF CONTENT FOCUS:THE ULI TERWILLIGER CENTER FOR WORKFORCE HOUSING SUPPORTS DEVELOPMENT OF HOUSING AFFORDABLE TO MODERATE-INCOME WORKERS. ESTABLISHED IN 2007, THE CENTER'S PURPOSE IS TO IDENTIFY AND ELIMINATE BARRIERS TO WORKFORCE HOUSING PRODUCTION BY RAISING AWARENESS OF THE AFFORDABILITY GAP AND ADVOCATING CHANGES IN PUBLIC POLICY.ULI'S EUROPEAN RESEARCH CENTER OVERSEES STRATEGY AND DELIVERY FOR A BROAD RANGE OF PROJECTS INCLUDING EMERGING TRENDS EUROPE, LESSEN, AND INFOBURSTS.THE ULI/DANIEL ROSE CENTER FOR PUBLIC LEADERSHIP IN LAND USE WAS ESTABLISHED IN 2009. ITS MISSION IS TO EMPOWER LEADERS IN THE PUBLIC SECTOR TO ENVISION, BUILD AND SUSTAIN SUCCESSFUL 21ST CENTURY COMMUNITIES BY PROVIDING ACCESS TO INFORMATION, BEST PRACTICES, PEER NETWORKS AND OTHER RESOURCES TO FOSTER CREATIVE, EFFICIENT AND SUSTAINABLE LAND USE PRACTICES. THE MISSION OF ULI'S CAPITAL MARKETS CENTER IS TO PROVIDE LEADERSHIP IN FOSTERING A HEALTHY AND PRODUCTIVE REAL ESTATE INDUSTRY AND SPECIFICALLY THE REAL ESTATE CAPITAL MARKETS SECTOR THROUGH RESEARCH, TREND ANALYSIS, EDUCATION, EVENTS, PUBLICATIONS, WEBSITES AND WEB-BASED RESOURCES, ADVOCACY, AND LEADERSHIP.THE CENTER FOR SUSTAINABILITY ENCOMPASSES ULI'S CLIMATE CHANGE, LAND USE AND ENERGY (CLUE) INITIATIVE WHICH CONDUCTS RESEARCH AND PROGRAMMING ACROSS SEVERAL PRIMARY TOPIC AREAS INCLUDING: 1) THE CHANGING NATURE OF BUSINESS PRACTICES AT THE NEXUS OF FINANCE, ENERGY AND BUILDINGS, 2) NEW FORMS OF PUBLIC-PRIVATE PARTNERSHIPS THAT ALIGN REAL ESTATE WITH A NEW GENERATION OF PUBLIC BENEFITS, AND 3) THE ROLE OF EMERGING TECHNOLOGIES IN ENABLING LOCAL MARKETS TO ACHIEVE COMMUNITY SUSTAINABILITY GOALS.THE ROBERT C. LARSON LEADERSHIP INITIATIVE ENABLES ULI TO ADD LEADERSHIP DEVELOPMENT ACTIVITIES TO ITS PROGRAM OF WORK AND EXTEND THE INSTITUTE'S REACH TO A BROADER POPULATION OF CURRENT AND POTENTIAL LEADERS. THE INITIATIVE ALSO SUPPORTS THE WORK OF THE ULI WOMEN'S LEADERSHIP INITIATIVE WHOSE MISSION IS TO RAISE THE VISIBILITY AND NUMBER OF WOMEN LEADERS IN ULI AND THE REAL ESTATE INDUSTRY.THE MISSION OF ULI'S GREENPRINT CENTER IS TO GENERATE ENERGY EFFICIENT REAL ESTATE SOLUTIONS THAT IMPROVE THE ENVIRONMENT WHILE DEMONSTRATING THE CORRELATION WITH INCREASED PROPERTY VALUES. GREENPRINT FOCUSES ON REDUCING THE CARBON FOOTPRINT OF EXISTING BUILDINGS WHICH CURRENTLY REPRESENT ONE THIRD OF GLOBAL CARBON EMISSIONS AND WORKS TO ACHIEVE ITS CARBON REDUCTION GOALS THROUGH EDUCATION AND ACTION. THE CENTER USES THE COLLECTIVE POWER OF ITS MEMBERSHIP TO LEAD BY EXAMPLE IN LOWERING CARBON EMISSIONS BY EXPLORING AND IMPLEMENTING ENERGY-REDUCING TECHNOLOGIES AND SHARING THEIR PERFORMANCE RESULTS WITH THE PUBLIC THROUGH THE GREENPRINT PERFORMANCE REPORT, TM.BUILDING HEALTHY PLACES LEVERAGES THE POWER OF ULI'S GLOBAL NETWORKS TO SHAPE PROJECTS AND PLACES IN WAYS THAT IMPROVE THE HEALTH OF PEOPLE AND COMMUNITIES. 2869354 13731 14750390 MEMBERSHIP SERVICES:THE REVENUES OF THIS PROGRAM REPRESENT THE MEMBERSHIP DUES FROM MEMBERS. THE EXPENSES RELATE TO MEMBERSHIP RECRUITMENT AND RETENTION EFFORTS, AS WELL AS ORDER PROCESSING AND FULL MEMBER ADMISSIONS ACTIVITIES. 2603357 2644074 PUBLISHING/URBAN LAND MAGAZINE:PUBLISHING REPRESENTS THE SALES AND RELATED EXPENSES OF ULI'S BOOK PUBLISHING PROGRAM INCLUDING THE ORGANIZATION'S BI-MONTHLY FLAGSHIP PUBLICATION, URBAN LAND MAGAZINE WHICH IS AVAILABLE AT NO COST TO MEMBERS. ULI PUBLICATIONS COVER A BROAD RANGE OF ISSUES RELEVANT TO LAND USE POLICY AND REAL ESTATE PRACTICE WITH A FOCUS ON EDUCATING TO IMPROVE THE TOTAL ENVIRONMENT, AND ESTABLISHING ULI AS AN INFLUENTIAL INDUSTRY VOICE AND LEADER. 2230953 1612459 COUNCILS:ULI COUNCILS PROVIDES ITS MEMBERS WITH A FORUM FOR INFORMATION EXCHANGE ON THE STATE-OF-THE-ART OF A VARIETY OF DEVELOPMENT SECTORS. MEMBERSHIP IS BY APPOINTMENT AND LIMITED TO FULL MEMBERS. ULI CURRENTLY HAS 49 DOMESTIC AND 5 GLOBAL COUNCILS WHICH FOCUS ON AREAS OF ACTIVITY IN DEVELOPMENT PRODUCTS, DEVELOPMENT PROCESSES, AND INTERNATIONAL ISSUES. 659078 766697 PROFESSIONAL DEVELOPMENT:THIS DEPARTMENT CONTAINS THE ACTIVITIES OF ULI'S CONTINUING EDUCATION PROGRAMS. 1454886 1836384 ADVISORY SERVICES:ULI PROVIDES THE TECHNICAL EXPERTISE OF ITS MEMBERS TO CITIES, PRIVATE DEVELOPERS, AND OTHER ORGANIZATIONS THAT NEED OBJECTIVE ANALYSIS AND ADVICE ON HOW TO SOLVE DIFFICULT LAND USE, DEVELOPMENT, AND REDEVELOPMENT PROBLEMS. 2119600 COMMUNICATIONS:THIS INCLUDES INTERNAL AND EXTERNAL COMMUNICATIONS PROGRAMS - MEDIA RELATIONS, BRANDING, AND CORPORATE COMMUNICATIONS. 67175 INVESTMENTS:THE PRIMARY PURPOSE OF ULI'S INVESTMENTS IS TO PROVIDE A READILY ACCESSIBLE SOURCE OF CASH IN THE EVENT OF AN ECONOMIC DOWNTURN; ACCORDINGLY, PRESERVATION OF CAPITAL AND LIQUIDITY ARE THE PARAMOUNT FEATURES OF THIS INVESTMENT PROGRAM. 766429 286588 76166 AWARDS:ULI IS WIDELY RECOGNIZED AS THE PREEMINENT VOICE FOR ENCOURAGING AND FOSTERING HIGH STANDARDS OF LAND USE PLANNING AND REAL ESTATE DEVELOPMENT. ULI CELEBRATES THE PEOPLE AND PROJECTS THAT EMBODY BEST PRACTICE THROUGH THE AWARDS FOR EXCELLENCE PROGRAM, THE ULI J.C. NICHOLS PRIZE FOR VISIONARIES IN URBAN DEVELOPMENT AND THE ULI GERALD D. HINES STUDENT URBAN DESIGN COMPETITION. 672310 672310 ULI FOUNDATION (ULIF):ULIF TRANSFERS 100% OF THE FUNDS RAISED THROUGH THE ANNUAL FUND PROGRAM TO ULI TO SUPPORT ONGOING ULI PROGRAMS. IN RETURN, ULI ADDS TO ITS ANNUAL BUDGET ALL ULIF OPERATING EXPENSES THROUGH THE FORM OF A CONTRIBUTION TO ULIF. 36829 ULI DEVELOPMENT:THIS DEPARTMENT HAS THE RESPONSIBILITY OF RAISING THE SPONSORSHIP FUNDS FOR ALL INSTITUTE MEETINGS AND CONFERENCES. 422134 422093 ULI IN THE COMMUNITY:THE INSTITUTE FOCUSES RESOURCES AND ENERGIES TO OUR COMMUNITY OUTREACH INITIATIVE AND OUR DISTRICT/NATIONAL COUNCILS EFFORTS, OFTEN DEPLOYING OUR POLICY AND PRACTICE WORK AND OUR RESIDENT FELLOWS. 13865276 1394722 21722999 59088510 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 1 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 244 0 1 241 1 1 1 1 UK HK CH 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA CT DC GA X X MICHAEL TERSECK ULI 2026247000 2001 L STREET NW NO 200 WASHINGTON DC 20036 RANDALL ROWE GLOBAL CHAIRMAN 2.00 X X 0 0 0 THOMAS TOOMEY TREASURER 2.00 X X 0 0 0 JONATHAN BRINSDEN SECRETARY 2.00 X X 0 0 0 LYNN THURBER IMMEDIATE PAST CHAIRMAN 2.00 X 0 0 0 GEOFFREY STACK ULI FOUNDATION CHAIRMAN 2.00 X 0 0 0 ROGER ORF ULI EMEA CHAIRMAN 2.00 X 0 0 0 RAYMOND CHOW ULI ASIA PACIFIC CHAIRMAN 2.00 X 0 0 0 IAN HAWKSWORTH MEMBER 2.00 X 0 0 0 STEPHEN NAVARRO MEMBER 2.00 X 0 0 0 OLIVIER PIANI MEMBER 2.00 X 0 0 0 RICHARD PRICE MEMBER 2.00 X 0 0 0 DEBORAH RATNER SALZBERG MEMBER 2.00 X 0 0 0 DIANA REID MEMBER 2.00 X 0 0 0 OWEN THOMAS MEMBER 2.00 X 0 0 0 LAURA LEE MARTIN MEMBER 2.00 X 0 0 0 PATRICK L PHILLIPS GLOBAL CEO 35.50 2.00 X X 723749 0 15900 CHERYL G CUMMINS GLOBAL GOVERNANCE OFFICER 37.50 X 501758 0 21797 MICHAEL J TERSECK CFO 37.50 X 411084 0 19907 JOHN P FITZGERALD CHIEF EXECUTIVE ASIA 37.50 X 392375 0 22111 LISETTE VAN DOORN CHIEF EXECUTIVE EMEA 37.50 X 369051 0 0 MARILEE UTTER EVP, DISTRICT/NATIONAL COUNCIL 37.50 X 297801 0 26969 JASON L RAY CHIEF TECHNOLOGY OFFICER 37.50 X 296500 0 32744 LELA AGNEW EVP, COMMUNICATIONS 37.50 X 265970 0 14476 DAVID HOWARD EVP, DEVELOPMENT 37.50 X 259943 0 22011 MARY BETH CORRIGAN SVP, CONVENINGS 37.50 X 220255 0 12297 STEPHANIE WASSER SVP, COUNCILS 37.50 X 200014 0 15756 LORI G HATCHER SVP, MEMBERSHIP/MARKETING 37.50 X 192687 0 22456 GAYLE BERENS SVP, EDUCATION 37.50 X 237913 0 9825 FELIX CIAMPA DISTRICT COUNCIL EXECUTIVE 37.50 X 219450 0 13737 THOMAS MURPHY SENIOR RESIDENT FELLOW 37.50 X 206553 0 11874 DEBRA L THROCKMORTON SVP, FINANCE 37.50 X 206299 0 15797 SARENE MARSHALL ED SUSTAINABILITY 37.50 X 199187 0 2368 5200589 0 280025 63 0 1 0 FREEMAN DECORATING PO BOX 650036 DALLAS TX 752650036 MEETING ARRANGEMENT LOGISTICS 2699931 ACF SOLUTIONS 11800 SUNRISE VALLEY DR RESTON VA 20191 IT CONSULTING 1424236 FREEMAN AUDIO VISUAL SOLUTION PO BOX 650519 DALLAS TX 752650519 MEETING AUDIOVISUAL CONSULTING 1220403 RELIANCE TELESERVICES INC 1510 RICHIE HWY SUITE 204 ARNOLD MD 21012 CUSTOMER SERVICE 960681 SMG 747 HOWARD STREET SAN FRANCISCO CA 94103 CONVENTION CENTER SERVICES 765523 55 4193850 422093 4615943 COUNCILS 900099 29154879 29154879 MEETINGS & CONFERENCES 900099 15788344 15788344 MEMBERSHIP DUES 900099 14750390 14750390 PUB./URBAN LAND MAG. 541800 2644074 1002635 1641439 CONTENT 900099 2592078 2592078 2716075 2716075 67645840 586034 586034 109474 0 109474 109474 109474 72957291 66004401 1641439 695508 X 1199511 1199511 212019 212019 105000 105000 4443393 1779642 2410116 253635 17113941 13867443 2576865 669633 684367 496738 158319 29310 1578650 1145841 365198 67611 1259290 914038 291319 53933 197078 189994 7084 256127 78630 177497 67175 67175 12721156 11134142 1493196 93818 216556 173643 41721 1192 1881254 1644279 208688 28287 1567468 1567468 1961620 1376965 489557 95098 2963504 2467711 422890 72903 12515932 12144831 262903 108198 555327 363538 160592 31197 266395 50819 215576 DISTRICT COUNCIL DUES S 4121034 4121034 DISTRICT COUNCIL ADMINI 3488605 3488605 CREDIT CARD FEES 860530 860406 102 22 ULI PRODUCTS FROM STOCK 110111 109986 125 3695239 1096520 2589980 8739 74041282 59088510 13439196 1513576 400 14337550 15521996 1299421 1616952 246888 155601 1341263 1249201 10012354 5396917 1919501 4615437 10555618 8023366 5035604 6216413 36912408 36924023 71648653 74322989 6903056 6129717 14028976 15597857 123213 3867533 21055245 25595107 X 19684673 19399153 30908735 29328729 50593408 48727882 71648653 74322989 X -1083991 -562648 -218887 X 0 1 X 1 0 X 15384567 18062894 20000411 23784758 19366333 96598963 36411348 37001834 40490225 47635554 51254012 212792973 51795915 55064728 60490636 71420312 70620345 309391936 0 0 0 309391936 99687 122305 86107 416852 586034 1310985 99687 122305 86107 416852 586034 1310985 51895602 55187033 60576743 71837164 71206379 310702921 0.99580 0.99710 0.00420 0.00290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41282125 29899832 29618292 41563665 35931193 34368055 29017123 41282125 33866436 25440881 23376124 35931193 32899541 21978119 21011224 33866436 32814722 20458072 20373253 32899541 0.29400 0.70600 0 1 1 4346042 30802 4315240 765616 526530 239086 4900696 4839585 61111 4615437 1614985 F REAL ESTATE 347362 F 412615.498-PIMCO TOTAL RETURN FD INSTL 4254066 F 6216413 ACCRUED INTEREST RECEIVABLE 18131 BENEFICIAL INTEREST IN ULI FOUNDATION 29298754 DUE FROM ULI FOUNDATION 7607138 36924023 DEFERRED RENT 3867533 3867533 X 72322240 -562648 -5228 -567876 72890116 67175 67175 72957291 74187766 213659 213659 73974107 67175 67175 74041282 PART V, LINE 4: BOARD DESIGNATED NET ASSETS ARE ASSETS HELD BY THE LOCAL DISTRICT/NATIONAL COUNCIL AND PRODUCT COUNCIL PROGRAMS AND ARE USED TO SUPPORT THEIR PROGRAMS. TEMPORARILY RESTRICTED NET ASSETS WHICH ARE PURPOSE RESTRICTED, REPRESENT ASSETS HELD BY ULIF THAT ARE AVAILABLE FOR ULI PROGRAMS. PART X, LINE 2: ULI AND ULIF ARE GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, ULI AND ULIF QUALIFY FOR CHARITABLE CONTRIBUTION DEDUCTIONS, AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. NEITHER ULI NOR ULIF HAD UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED JUNE 30, 2016 AND 2015. ULI AND ULIF ARE NOT AWARE OF ANY UNCERTAIN TAX POSITIONS AND THEREFORE, NO TAX LIABILITIES HAVE BEEN RECORDED AT JUNE 30, 2016 AND 2015. GENERALLY, ULI AND ULIF ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES BEFORE 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON FOREIGN CURRENCY TRANSLATION -5,228. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON FOREIGN CURRENCY TRANSLATION 213,659. 1 EAST ASIA AND THE PACIFIC 5 4 PROGRAM SERVICES SEE PART V FOR DESCRIPTION OF ACTIVITIES IN THE REGION 2995214 EUROPE (INCLUDING ICELAND & GREENLAND) 2 16 PROGRAM SERVICES SEE PART V FOR DESCRIPTION OF ACTIVITIES IN THE REGION 5469435 EAST ASIA AND THE PACIFIC 0 0 GRANT TO RECIPIENT LOCATED IN REGION 5000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANT TO RECIPIENT LOCATED IN REGION 100000 7 20 0 0 7 20 8569649 0 8569649 EUROPE (INCLUDING ICELAND & GREENLAND) J.C. NICHOLS PRIZE AWARD 100000 CHECK 1 0 0 0 0 0 0 PART I, LINE 2: ULI SPONSORS A NUMBER OF AWARDS TO BOTH INDIVIDUALS AND INSTITUTIONS FOR CONTRIBUTIONS TO THE INDUSTRY CONSISTENT WITH ULI'S CORPORATE MISSION. SOME AWARDS ARE THE RESULT OF COMPETITIONS; OTHERS ARE BASED ON MERIT. ALL HAVE SPECIFIC WRITTEN CRITERIA FOR EVALUATION AND AWARD AND ARE BUDGETED AS APPROVED BY THE BOARD. SCHEDULE F, PART I, LINE 3(E),DESCRIPTIONS OF ACTIVITIES IN ASIA: THIS REGION COVERS MANY OF THE SAME PROGRAM AREAS AS EUROPE. THE FOLLOWING THEREFORE IS A JUST A LISTING OF THE PROGRAM HIGHLIGHTS AS IT RELATES TO EACH OF THOSE AREAS: - AS OF JUNE 30, 2016 ASIA MEMBERSHIP TOTALED 1,874. - IT HAS ACTIVE NATIONAL COUNCILS IN FOUR COUNTRIES. - IT HELD 1 CONFERENCE IN SHANGHAI, CHINA. - IT PUBLISHED AN EMERGING TRENDS IN REAL ESTATE ASIA PACIFIC, WHICH PROVIDES AN OUTLOOK ON ASIA PACIFIC REAL ESTATE INVESTMENT AND DEVELOPMENT TRENDS, REAL ESTATE FINANCE AND CAPITAL MARKETS, TRENDS BY PROPERTY SECTOR AND METROPOLITAN AREA, AND OTHER REAL ESTATE ISSUES PERTINENT TO THE COUNTRIES IN ASIA. - AREA OF CONTENT FOCUS IN SUSTAINABILITY AND CAPITAL MARKETS. SCHEDULE F, PART I, LINE 3(E),DESCRIPTIONS OF ACTIVITIES IN EUROPE: MEMBERSHIP-GROW MEMBERSHIP WHILE MAINTAINING EXISTING MEMBERS, PROVIDING THEM WITH THE ULI EXPERIENCE WHICH IS AN OPEN EXCHANGE OF IDEAS, NETWORKING OPPORTUNITIES, AND THE ABILITY TO WORK WITH THE LEADERS OF THE LAND USE INDUSTRY: DEVELOPERS, BUILDERS, ENGINEERS, ATTORNEYS, PLANNERS, INVESTORS, FINANCIAL ADVISORS, ACADEMICS, ARCHITECTS AND PUBLIC OFFICIALS. MEMBERS HAVE ACCESS TO OBJECTIVE INFORMATION AND THE EXPERIENCE OF THOSE ACTIVE IN EVERY DISCIPLINE OF REAL ESTATE DEVELOPMENT, INVESTMENT, AND REGULATION. AS OF JUNE 30, 2016, ULI HAD 2,616 MEMBERS IN EUROPE. NATIONAL COUNCILS-THE PURPOSE OF THE NATIONAL COUNCIL PROGRAM IS TO PROVIDE ULI'S PRESENCE AT THE LOCAL LEVEL THRU THE DEVELOPMENT AND PRESENTATION OF PROGRAMS OF WORK THAT ADDRESS LOCAL REAL ESTATE AND URBAN PLANNING ISSUES. THE ACTIVITIES RECORDED HERE REPRESENT THE ACTIVITIES PERFORMED DIRECTLY BY THE NATIONAL COUNCILS. ULI HAS 16 NATIONAL COUNCILS IN EUROPE EITHER IN DEVELOPMENT OR GROWING. PRODUCT COUNCILS-ULI PRODUCT COUNCILS PROVIDE A FORUM FOR INFORMATION EXCHANGE ON THE STATE-OF-THE-ART OF A VARIETY OF DEVELOPMENT SECTORS. FULL MEMBERS ARE ELIGIBLE TO SERVE ON THESE COUNCILS. MEETINGS/CONFERENCES-THIS PROGRAM FOCUSES ON DEVELOPMENT TOPICS OF IMMEDIATE INTEREST INCLUDING THE ANNUAL CONFERENCE IN PARIS WHICH COVERS INTERNATIONAL REAL ESTATE FINANCE AND INVESTMENT, AN ANNUAL LEADERSHIP RETREAT, AND ONE TOPICAL/TRENDS CONFERENCES. PUBLISHING-PRODUCES AN ANNUAL EMERGING TRENDS IN REAL ESTATE EUROPE REPORT. THIS REPORT IS PUBLISHED BY THE URBAN LAND INSTITUTE (ULI) AND PRICEWATERHOUSECOOPERS IS BASED ON SURVEYS AND INTERVIEWS WITH APPROXIMATELY 600 INDUSTRY EXPERTS, WHICH COVERS 27 MARKETS IN COUNTRIES THROUGHOUT EUROPE. THE REPORT CONTAINS PREDICTIONS FOR INDIVIDUAL PROPERTY SECTORS AS WELL AS MARKETS, ALONG WITH INSIGHTS REGARDING REAL ESTATE CAPITAL MARKETS AND THE ECONOMY IN GENERAL. ADVISORY SERVICES-ULI PROVIDES TECHNICAL EXPERTISE OF ITS MEMBERS TO CITIES, PRIVATE DEVELOPERS, AND OTHER ORGANIZATIONS THAT NEED OBJECTIVE ANALYSIS AND ADVICE ON HOW TO SOLVE DIFFICULT LAND USE, DEVELOPMENT, AND REDEVELOPMENT PROBLEMS. DEVELOPMENT-THIS DEPARTMENT HAS THE RESPONSIBILITY OF RAISING THE SPONSORSHIP FUNDS FOR ALL EUROPE'S CONFERENCES/PROGRAMS. AREA OF CONTENT FOCUS: - ULI'S EUROPEAN RESEARCH CENTER OVERSEES STRATEGY AND DELIVERY FOR BROAD RANGE OF TOPICS. 1 ULI FOUNDATION 2001 L ST NW SUITE 200 WASHINGTON DC 20036 237133957 501(C)(3) 1094411 GENERAL SUPPORT CITIES OF SERVICE 909 THIRD AVENUE C/O GELLER CO NEW YORK NY 10022 271207970 501(C)(3) 100000 GENERAL SUPPORT 2 AWARDS FOR EXCELLENCE 50 21553 AWARDS GALA 15 2550 COMMUNITY OUTREACH 50 91096 HINES 30 78495 URBAN PLAN 50 5970 APGAR AWARD 1 500 KEMP AWARD 2 855 WOMENS LEADERSHIP INITIATIVE 10 4000 AMPLIFY AWARD 1 6000 STRONG TOWNS SCHOLARSHIP 1 1000 PART I, LINE 2: MOST OF THE FUNDING PROVIDED TO INDIVIDUALS AND ORGANIZATIONS ARE AWARDS FOR PARTICIPATION IN ULI'S AWARD PROGRAMS (MOST NOTABLY THE JC NICHOLS PRIZE FOR VISIONARIES IN URBAN DEVELOPMENT AND THE GERALD D. HINES STUDENT URBAN DESIGN COMPETITION). THE ONE PROGRAM, COMMUNITY ACTION GRANTS, IS A GRANT PROGRAM. X X 1 1 X X X X 1 0 0 0 0 0 0 1 0 PATRICK L PHILLIPS GLOBAL CEO 610693 0 111181 0 1875 0 15900 0 0 0 739649 0 0 0 CHERYL G CUMMINS GLOBAL GOVERNANCE OFFICER 443666 0 55000 0 3092 0 15900 0 5897 0 523555 0 0 0 MICHAEL J TERSECK CFO 355081 0 55000 0 1003 0 15900 0 4007 0 430991 0 0 0 JOHN P FITZGERALD CHIEF EXECUTIVE ASIA 236569 0 25000 0 130806 0 9186 0 14349 0 415910 0 0 0 LISETTE VAN DOORN CHIEF EXECUTIVE EMEA 348358 0 20693 0 0 0 0 0 0 0 369051 0 0 0 MARILEE UTTER EVP, DISTRICT/NATIONAL COUNCIL 264474 0 27993 0 5334 0 15900 0 11069 0 324770 0 0 0 JASON L RAY CHIEF TECHNOLOGY OFFICER 267237 0 28843 0 420 0 15900 0 16844 0 329244 0 0 0 LELA AGNEW EVP, COMMUNICATIONS 241400 0 23940 0 630 0 14476 0 0 0 280446 0 0 0 DAVID HOWARD EVP, DEVELOPMENT 234239 0 25074 0 630 0 7436 0 14575 0 281954 0 0 0 MARY BETH CORRIGAN SVP, CONVENINGS 205086 0 14203 0 966 0 12297 0 0 0 232552 0 0 0 STEPHANIE WASSER SVP, COUNCILS 184358 0 12884 0 2772 0 10986 0 4770 0 215770 0 0 0 LORI G HATCHER SVP, MEMBERSHIP/MARKETING 178414 0 12467 0 1806 0 10795 0 11661 0 215143 0 0 0 GAYLE BERENS SVP, EDUCATION 117160 0 6678 0 114075 0 6341 0 3484 0 247738 0 0 0 FELIX CIAMPA DISTRICT COUNCIL EXECUTIVE 205905 0 12915 0 630 0 12414 0 1771 0 233635 0 0 0 THOMAS MURPHY SENIOR RESIDENT FELLOW 197900 0 0 0 8653 0 11874 0 0 0 218427 0 0 0 DEBRA L THROCKMORTON SVP, FINANCE 191158 0 13335 0 1806 0 11573 0 4224 0 222096 0 0 0 SARENE MARSHALL ED SUSTAINABILITY 189548 0 9009 0 630 0 1366 0 6502 0 207055 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE: KATHLEEN CAREY - HOUSING ALLOWANCE $50,379, TAXABLE COMPENSATION JOHN P. FITZGERALD - FOREIGN HOUSING ALLOWANCE $76,619, TAXABLE COMPENSATION JOHN P. FITZGERALD - GROSS UP PAYMENTS $30,250, TAXABLE COMPENSATION PART I, LINE 4A GAYLE BERENS RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $113,172. THIS AMOUNT IS INCLUDED IN PART II, COLUMN B (III) OTHER REPORTABLE COMPENSATION. PART I, LINE 7 BONUSES ARE DISCRETIONARY AND ARE BASED UPON PERFORMANCE CRITERIA ESTABLISHED BY THE INDIVIDUAL'S SUPERVISOR WHICH IS THEN EVALUATED BY THAT SUPERVISOR AT THE END OF THE FISCAL YEAR. THE SUPERVISOR RECOMMENDS THE INDIVIDUAL'S BONUS WHICH IS SUBJECT TO FINAL APPROVAL BY THE CEO. IN THE CASE OF THE CEO, THE PERFORMANCE CRITERIA IS ESTABLISHED BY THE CHAIRMAN AND EVALUATED BY THE ULI COMPENSATION COMMITTEE. IN THE CASE OF THE CFO, GLOBAL GOVERNANCE OFFICER, ULIF PRESIDENT, CHIEF EXECUTIVE EMEA, AND CHIEF EXECUTIVE ASIA, THE CRITERIA IS ESTABLISHED BY THE CEO AND EVALUATED BY HIM IN CONJUNCTION WITH THE ULI COMPENSATION COMMITTEE. THE % OF BASE COMPENSATION AN INDIVIDUAL IS ELIGIBLE (BUT NOT GUARANTEED) TO RECEIVE IS BASED UPON THEIR POSITION (VP AND ABOVE), OR THEIR EMPLOYMENT CONTRACT IF THEY HAVE ONE (I.E., CEO, CFO, EXECUTIVE OFFICER, ULIF PRESIDENT, AND CHIEF EXECUTIVE EMEA). THE COMPENSATION INFORMATION SHOWN IN PART VII OF THE FORM 990, AS WELL AS SCHEDULE J, IS PRESENTED ON A CALENDAR YEAR BASIS IN ACCORDANCE WITH IRS FORM 990 FILING INSTRUCTIONS. FORM 990, PAGE 1, PART I, LINE 6, NUMBER OF VOLUNTEERS: WE INCLUDE ALL TRUSTEES, MEMBERS ON THE ESTABLISHED COMMITTEES AND ADVISORY GROUPS,AND ESTIMATE A CERTAIN NUMBER OF VOLUNTEERS FOR EACH DISTRICT COUNCIL AND FOR EACH ADVISORY SERVICE PANEL THAT IS PROVIDED. FORM 990, PART VI, SECTION A, LINE 6 ULI MEMBERS INCLUDE DEVELOPERS, ARCHITECTS, PUBLIC OFFICIALS, PLANNERS, REAL ESTATE BROKERS, APPRAISERS, ACCOUNTANTS, ATTORNEYS, ENGINEERS, FINANCIERS, ACADEMICS, AND STUDENTS. FORM 990, PART VI, SECTION A, LINE 7A THE TRUSTEES ELECT THE ULI CHAIRMAN, THE ULIF CHAIRMAN, THE ULI BOARD OF DIRECTORS, THE ULIF BOARD OF DIRECTORS AND ULI LIFE TRUSTEES. THE BOARD OF DIRECTORS APPOINTS/APPROVES THE ULI EUROPE CHAIRMAN, THE ULI ASIA CHAIRMAN, AND THE ULI AMERICA'S CHAIRMAN. THE FULL MEMBERS ELECT THE TRUSTEES (WHO ALSO SERVE AS THE MEMBERS OF ULIF). FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS IS ULI'S GOVERNING BODY. THE FOLLOWING ARE THINGS THEY MUST BRING TO THE TRUSTEES FOR ACTION: THE TRUSTEES HAVE AUTHORITY OVER THE ARTICLES OF INCORPORATION; THE BYLAWS (ULI AND ULIF), ADOPTING A PLAN OR MERGER OR CONSOLIDATION WITH ANOTHER CORPORATION, AUTHORIZING THE VOLUNTARY DISSOLUTION OF THE ORGANIZATION OR REVOKING PROCEEDINGS THEREFORE, AUTHORIZING THE SALE, LEASE, EXCHANGE OR MORTGAGE OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 PROCESS FOR MAKING THE FINAL 990 AVAILABLE TO THE VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO ITS BEING FILED WITH THE IRS - AUDITORS WILL REVIEW THE 990 WITH THE AUDIT COMMITTEE - THE FINAL 990 WILL BE HOUSED IN A SECURE AREA OF THE ULI WEBSITE. - NOTICE OF THE LOCATION OF THE 990 WILL BE EMAILED TO EACH BOARD MEMBER AND THEY WILL BE ADVISED THAT THEY HAVE TWO WEEKS IN WHICH TO REVIEW AND PROVIDE ANY COMMENTS TO ULI MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS THE BOARD OF DIRECTORS ARE SENT A COMMUNICATION REQUESTING THAT THEY IDENTIFY ANY RELATIONSHIPS DEFINED AS A CONFLICT. RESPONDS ARE SUBMITTED TO THE GLOBAL GOVERNANCE OFFICER. FORM 990, PART VI, SECTION B, LINE 15 ON A REGULAR BASIS ULI RETAINS AN INDEPENDENT, OUTSIDE CONSULTANT TO REVIEW THE COMPENSATION FOR ITS EXECUTIVES. AS PART OF THIS PROCESS, THE CONSULTANT IDENTIFIES COMPARABLE ORGANIZATIONS AND OBTAINS THE MOST CURRENT COMPENSATION DATA AVAILABLE FOR THEM. THEN, THE CONSULTANT PREPARES A DETAILED WRITTEN REPORT THAT COMPARES ULI'S CURRENT EXECUTIVE COMPENSATION AGAINST SIMILAR POSITIONS IN LIKE ORGANIZATIONS. THE WRITTEN REPORT ALSO DESCRIBES THE STUDY METHODOLOGY AND STATES THE CONSULTANT'S OPINION REGARDING THE REASONABLENESS OF ULI'S EXECUTIVE COMPENSATION RELATIVE TO THE IDENTIFIED MARKET COMPARABLE. FORM 990, PART VI, SECTION C, LINE 19 URBAN LAND INSTITUTE DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, NOR ITS FINANCIAL STATEMENTS (WHETHER OR NOT AUDITED) AVAILABLE TO THE GENERAL PUBLIC AS FEDERAL TAX LAW DOES NOT REQUIRE THAT SUCH DOCUMENTS BE MADE PUBLICLY AVAILABLE. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 11,134,142. MANAGEMENT AND GENERAL EXPENSES 1,493,196. FUNDRAISING EXPENSES 93,818. TOTAL EXPENSES 12,721,156. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON FOREIGN CURRENCY TRANSLATION -218,887. ULI SERVICES LIMITED SUITE 3418 JARDINE HOUSE 1 CONNAU HK 981123263 CONSULTANCY SERVICES HK 0 447585 URBAN LAND INSTITUTE ULI EXHIBITION & CONSULTING (SHANGHAI) LTD ROOM 3663 TOWER II IFC NO 8 CENT PUDONG NEW DISTRICT, SHANGHAI CH 981183457 EXHIBITION MANAGEMENT & CONSULTING CH 228228 302483 ULI SERVICES LIMITED ULI FOUNDATION 2001 L STREET NW STE 200 WASHINGTON DC 20036 237133957 FUNDRAISING IN SUPPORT OF ULI RESEARCH AND EDUCATION DC 501(C)(3) LINE 7 URBAN LAND INSTITUTE 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 ULI FOUNDATION B 1094411 CASH ULI FOUNDATION C 5773855 CASH