2015-04-20T07:43:34-07:00 2014-12-31 KNUTTE & ASSOCIATES PC 7900 S CASS AVE STE 210 DARIEN IL 605615066 990 2014-01-01 113655687 CORPORATE LEADERSHIP CENTER NFP CORP 6309200529 8237 GREYSTONE CT BURR RIDGE IL 60527 CHERYL FRANCIS Treasurer 2015-04-20 true JOSEPH KNUTTE CPA P01317776 6309603317 2014 2016-02-25 16:41:14Z CHERYL FRANCIS 8237 GREYSTONE CT BURR RIDGE IL 60527 2143904 false false X WWW.CORPORATELEADERSHIP.ORG X 2002 IL CORPORATE LEADERSHIP CENTER, NFP IS A UNIQUE, COLLABORATIVE BUSINESS-ACADEMIC FORUM THAT AUGMENTS AND ACCELERATES THE DEVELOPMENT OF TOMORROW'S CORPORATE LEADERS, AND ADVANCES BUSINESS LEADERSHIP PRACTICES. 6 4 1 0 50000 50000 1567453 1393536 164530 73843 4557 1781983 1521936 53500 50000 0 325000 464753 0 0 987584 930033 1366084 1444786 415899 77150 3148825 3745092 326695 852045 2822130 2893047 CORPORATE LEADERSHIP CENTER, NFP (CLC) WAS FOUNDED TO AUGMENT AND ACCELERATE THE DEVELOPMENT OF TOMORROW'S CORPORATE LEADERS. IN PARTNERSHIP WITH KELLOGG SCHOOL OF MANAGEMENT, BOOTH SCHOOL OF BUSINESS, AND THE MIDWEST'S PREEMINENT BUSINESS LEADERS, CLC'S FLAGSHIP INITIATIVE, CEO PERSPECTIVES, NOW IN ITS 11TH YEAR, PROVIDES IMMERSION, APPLICATION AND FEEDBACK ON THOSE ISSUES THAT TODAY'S CEO CANNOT DELEGATE. IT COMBINES ACADEMIC CONCEPTS AND BUSINESS APPLICATIONS IN A DIALOGUE AMONG TOP ACADEMICS, BUSINESS ADVISORS, CEOS AND THE PROGRAM'S PARTICIPANTS - A DIVERSE GROUP OF TOP EXECUTIVES. CLC PLAYS A KEY ROLE IN CURRICULUM DEVELOPMENT, CLASS FACILITATION AND RECRUITMENT FOR CEO PERSPECTIVES AND LEADS NETWORKING EVENTS FOR FELLOWS OF THE PROGRAM.IN 2009, CLC LAUNCHED ITS SECOND EDUCATIONAL ENDEAVOR, LEADING WOMEN EXECUTIVES - A PROGRAM RUN BY CLC ALONE. THIS PROGRAM IS TARGETED AT MID-CAREER, HIGH-POTENTIAL WOMEN AND THEIR COMPANIES. THE OBJECTIVE IS TO IMPROVE THE TRACK RECORD OF WOMEN'S false false 1074408 1080000 LEADING WOMEN EXECUTIVES IS OFFERED TO A LIMITED NUMBER OF CEO-SPONSORED, HIGH-POTENTIAL FEMALE BUSINESS LEADERS. COMPANIES ASSIGN A SENIOR EXECUTIVE AS ADVOCATES TO SUPPORT THEIR LEADING WOMEN EXECUTIVES PARTICIPANTS AND CORPORATE LEADERSHIP CENTER WORKS WITH HUMAN RESOURCE MANAGEMENT OF THE COMPANY TO IDENTIFY STRATEGIES TO ADVANCE WOMEN IN THE ORGANIZATION. PARTICIPANTS ENGAGE IN INTENSIVE LEADERSHIP SESSIONS OVER SEVERAL MONTHS, APPLYING RESEARCH INSIGHTS AND CREATING A PERSONAL ACTION PLAN. THE IMPLICATIONS FOR EACH PARTICIPATING COMPANY ARE REVIEWED AT THE PROGRAM'S COMPLETION. 90977 313536 CEO PERSPECTIVES IS A GROUND-BREAKING COLLABORATION BETWEEN CORPORATE LEADERSHIP CENTER, KELLOGG SCHOOL OF MANAGEMENT, BOOTH SCHOOL OF BUSINESS, AND CEOS OF MAJOR CORPORATIONS, THIS INNOVATIVE PROGRAM FOCUSES ON THE CEO'S AGENDA - ISSUES THAT THE CEO CANNOT DELEGATE. PARTICIPANTS GAIN EXPERIENCE OUTSIDE THEIR COMPANY AND INDUSTRY BOUNDARIES BY INTERACTING WITH THE BRIGHTEST MINDS AND MOST EFFECTIVE PRACTITIONERS TO ASK THE RIGHT QUESTIONS AND MAKE BETTER DECISIONS THROUGH THOUGHTFUL FRAMING AND INSIGHTS FROM OTHERS. THE PROGRAM IS VALUABLE AS KEY EXECUTIVES MAKE A TRANSITION FROM FUNCTIONAL OR BUSINESS LINE EXPERTISE TO COMPANY-WIDE EFFECTIVENESS, PROVIDING SHORT, CONCENTRATED SESSIONS SPREAD OVER SEVERAL MONTHS WHILE BUILDING AN ONGOING PEER NETWORK. 1165385 true true false false false false false false false false false false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 20 0 true 1 true false false false false false false false false 0 false false false false false false false false false false X 6 4 false false false false false false false true true false false true true true true true true true false false IL X X CHERYL FRANCIS 6309200529 8237 GREYSTONE CT BURR RIDGE IL 60527 SHEILA PENROSE President 10.00 0.00 X X 50000 0 0 CHERYL FRANCIS Treasurer 10.00 0.00 X X 50000 0 0 PATRICIA HEMINGWAY HALL Director 1.00 0.00 X 0 0 0 ANDREW MCKENNA Director 1.00 0.00 X 0 0 0 GREGORY WASSON Director 1.00 0.00 X 0 0 0 SAMUEL SCOTT Director 1.00 0.00 X 0 0 0 RITA FORDEN COO 24.00 0.00 X 119040 31250 0 DIANE G SAKACH EXECUTIVE DIRECTOR 40.00 0.00 X 235000 0 0 454040 31250 2 false true false DEBORAH KOLB 1501 BEACON ST BROOKLINE MA 02446 ACADEMIC DIRECTOR 172000 ERIN MCINERNEY 2030 N BURLING CHICAGO IL 60614 EXECUTIVE DIRECTOR 146920 2 50000 50000 CO FOUNDER TRANSITION FEE 150000 150000 TUITION CEO PERSPECTIVES 163536 163536 TUITION LEADING WOMEN EXE 1080000 1080000 1393536 50353 50353 0 0 0 645458 621968 23490 23490 23490 0 0 0 MISCELLANEOUS 4557 4557 4557 1521936 1393536 78400 50000 50000 0 0 0 454040 335000 119040 0 0 0 0 10713 10713 0 5993 5993 86442 13840 72602 0 0 0 0 0 4393 1014 3379 13670 676 12994 0 0 22273 20337 1936 0 441810 441810 0 0 1305 697 608 3399 1398 2001 CONSULTING FEES 144233 104106 40127 ACADEMIC ADVISORS 60000 60000 FORUM/EVENTS 40827 40827 AUDIO VISUAL 32598 32598 73090 52369 20721 1444786 1165385 279401 0 87487 825530 490934 735913 0 319980 0 0 0 0 0 2001 11641 0 2240247 2165137 0 0 8176 6871 0 3148825 3745092 76695 236742 100000 45000 150000 570303 326695 852045 X 2772130 2843047 50000 50000 2822130 2893047 3148825 3745092 X 77150 -6233 X false true X true false X 50000 50000 50000 50000 50000 250000 1333327 1278276 1435313 1567453 1393536 7007905 0 0 0 1383327 1328276 1485313 1617453 1443536 7257905 0 368016 354854 290760 249962 333050 1596642 368016 354854 290760 249962 333050 1596642 5661263 12626 39906 30068 38332 50353 171285 0 12626 39906 30068 38332 50353 171285 0 0 1395953 1368182 1515381 1655785 1493889 7429190 0.76200 0.73510 0.02310 0.01800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED CEOP PROGRAM FELLOW DEPOSITS 325000 DUE TO CEOP PARTNERS 245303 570303 X 1521936 1521936 1521936 1451019 6233 6233 1444786 1444786 Part X : FIN48 Footnote The Organization files its tax returns with the U.S. federal and various state and local tax jurisdictions. With few exceptions, the Organization is no longer subject to examinations by major jurisdictions for years prior to 2011. The Organization had no income tax expense for the years ended December 31, 2014 and 2013,respectively.The Organization includes penalties and interest assessed by taxing authorities in its operating expenses. These total to $0 for the years ended December 31, 2014 and 2013, respectively. Part XII, Line 2d: Other expenses and losses per audited F/S UNREALIZED LOSS ON INVESTMENTS $6233 false false false false false false false false false false DIANE G SAKACH EXECUTIVE DIRECTOR 235000 235000 RITA FORDEN COO 119040 31250 119040 31250 Form 990, Part VI, Line 11b: Form 990 Review Process A COPY OF THE FORM 990 IS REVIEWED BY THE CO-CHAIRMAN/TREASURER PRIOR TO FILING. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts CLC'S CONFLICT OF INTEREST POLICY REQUIRES DISCLOSURE OF ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. CLC MONITORS SUCH DISCLOSURES AND REVIEWS THE DISCLOSURES OF FINANCIAL INTERESTS AND ALL MATERIAL FACTS TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE BOARD OF DIRECTORS REGULARLY MONITORS AND APPROVES ANY COMPENSATION PAID TO THE ORGANIZATION'S CEO, COO, EXECUTIVE DIRECTOR, AND TOP MANAGEMENT OFFICERS. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Other Changes In Net Assets Or Fund Balances - Other Decreases UNREALIZED LOSS ON INVESTMENTS = -$6233