2025-11-12T02:46:01-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2024-01-01 541877922 COUNCIL OF FEDERAL HOME LOAN BANKS COUN 2029550002 80 M STREET SE SUITE 425 WASHINGTON DC 20003 RYAN DONOVAN PRESIDENT/CEO 2029550002 2025-11-11 1 0 X ZACHARY SEGAL P01511850 3016529100 2025-11-11 2024 2025-03-06 01:10:19Z X RYAN DONOVAN 80 M STREET SE SUITE 425 WASHINGTON DC 20003 7144110 0 X WWW.FHLBANKS.COM X 1998 DC (SEE SCHEDULE O)THE COUNCIL IS ORGANIZED EXCLUSIVELY FOR THE PROMOTION OF COMMON BUSINESS INTERESTS AND ENACTMENT OF LAWS BENEFICIAL TO THE MEMBER BANKS OF THE COUNCIL. 31 31 6 34 0 0 0 0 6600000 7095000 186 49110 0 0 6600186 7144110 0 0 0 0 2092395 2685182 0 0 0 3493686 4555452 5586081 7240634 1014105 -96524 3531740 3720344 2116843 2401971 1414897 1318373 THE COUNCIL IS ORGANIZED EXCLUSIVELY FOR THE PROMOTION OF COMMON BUSINESS INTERESTS AND ENACTMENT OF LAWS BENEFICIAL TO THE MEMBER BANKS OF THE COUNCIL. 0 0 7095000 THE COUNCIL CONDUCTS RESEARCH AND EDUCATIONAL PROGRAMS, PUBLIC RELATIONS BRIEFINGS, AND OTHER PUBLIC AFFAIRS ACTIVITIES TO PROMOTE THE COMMON PRIVATE AND PUBLIC INTEREST OF THE MEMBER BANKS OF THE COUNCIL. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 6 1 0 0 0 0 0 0 0 0 X 31 31 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X KEYA JACKSON 2029550002 80 M STREET SE SUITE 425 WASHINGTON DC 20003 A FRED MILLER DIRECTOR 2.00 X 0 0 0 ALANNA MCCARGO OUTGOING DIRECTOR 2.00 X 0 0 0 ANDREW S HOWELL DIRECTOR 2.00 X 0 0 0 BARRY LOCKARD DIRECTOR 2.00 X 0 0 0 BRENDAN MCGILL DIRECTOR 2.00 X 0 0 0 BRIDGER COX OUTGOING DIRECTOR 2.00 X 0 0 0 CINDY KONICH DIRECTOR 2.00 X 0 0 0 DAVID NASCA DIRECTOR 2.00 X 0 0 0 DONNA L BOULANGER OUTGOING DIRECTOR 2.00 X 0 0 0 ELLEN Z LAMALE OUTGOING DIRECTOR 2.00 X 0 0 0 ERIC CHATMA N DIRECTOR 2.00 X 0 0 0 F DANIEL DAN SICILIANO DIRECTOR 2.00 X 0 0 0 J LYNN ANDERSON DIRECTOR 2.00 X 0 0 0 JAMES T ASHWORTH OUTGOING DIRECTOR 2.00 X 0 0 0 JAMES VANCE OUTGOING DIRECTOR 2.00 X 0 0 0 JEFF KUZBEL DIRECTOR 2.00 X 0 0 0 JOAN OPP DIRECTOR 2.00 X 0 0 0 JOE FAZIO DIRECTOR 2.00 X 0 0 0 JOHN BURAN OUTGOING DIRECTOR 2.00 X 0 0 0 JOHN KLEBBA DIRECTOR 2.00 X 0 0 0 JOHN WITHERSPOON DIRECTOR 2.00 X 0 0 0 JOSE GONZALEZ DIRECTOR 2.00 X 0 0 0 KAREN F GREGERSON DIRECTOR 2.00 X 0 0 0 KARL BOLLINGBERG DIRECTOR 2.00 X 0 0 0 KIRK R MALMBERG DIRECTOR 2.00 X 0 0 0 KRIS K WILLIAMS DIRECTOR 2.00 X 0 0 0 LARRY E THOMPSON DIRECTOR 2.00 X 0 0 0 LOUISE M HERRLE DIRECTOR 2.00 X 0 0 0 MARGO S SCHOLIN OUTGOING DIRECTOR 2.00 X 0 0 0 MARK E YARDLEY OUTGOING DIRECTOR 2.00 X 0 0 0 MICHAEL A ERICSON DIRECTOR 2.00 X 0 0 0 MICHELLE GROSS DIRECTOR 2.00 X 0 0 0 MILROY ALEXANDER DIRECTOR 2.00 X 0 0 0 R MICHAEL RIGBY OUTGOING DIRECTOR 2.00 X 0 0 0 ROBERT M FISHER DIRECTOR 2.00 X 0 0 0 SALLY INGALLS NELSON DIRECTOR 2.00 X 0 0 0 SANJAY BHASIN DIRECTOR 2.00 X 0 0 0 SIMONE LAGOMARSINO OUTGOING DIRECTOR 2.00 X 0 0 0 SUZANNE DEFERIE DIRECTOR 2.00 X 0 0 0 TERESA BRYCE BAZEMORE OUTGOING DIRECTOR 2.00 X 0 0 0 THORNWELL DUNLAP DIRECTOR 2.00 X 0 0 0 TIMOTHY BARRETT DIRECTOR 2.00 X 0 0 0 WILLIAM MARSH OUTGOING DIRECTOR 2.00 X 0 0 0 WINTHROP WATSON DIRECTOR 2.00 X 0 0 0 KEYA JACKSON VP, COO/CORPORATE SECRETARY 40.00 X 306060 0 8901 RYAN DONOVAN PRESIDENT/CEO 40.00 X 763403 0 59391 JENNIFER COWELL EXEC VP POLICY, GOV'T RELA 40.00 X 367552 0 63688 JOHN COMEAU POLICY ECONOMIST 40.00 X 274463 0 23891 PETER GARUCCIO SVP, COMMUNICATIONS 40.00 X 299760 0 14904 MARIA ZIMMERMAN SR. 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ASSIST. & EVENT COORDINATOR 1.00 X 139665 0 9243 2150903 0 180018 6 0 1 0 MAYER BROWN LLP 311 WEST MONROE STREET CHICAGO IL 60606 LEGAL CONSULTING 805417 EDELMAN 21992 NETWORK PLACE CHICAGO IL 60673 COMMNICATIONS/MESSAGING CONSULTING FIRM 355731 BROWNSTEIN 410 7TH STREET 22ND FLOOR DENVER CO 80202 LEGISLATIVE AND REGULATORY AFFAIRS CONSU 302254 PENTA GROUP LLC 805 15TH STREET NW SUITE 200 WASHINGTON DC 20005 STAKEHOLDER SOLUTIONS FIRM 170000 THROUGHCO COMMUNICATIONS LLC 2109 BROADWAY NEW YORK NY 10023 PUBLIC RELATIONS/COMMUNICATION CONSULTIN 155612 7 MEMBERSHIP DUES 900099 7095000 7095000 7095000 49110 49110 7144110 7095000 0 49110 X 1146852 1108606 42478 284671 102575 543906 40172 3709841 34672 173088 1771 8043 LEASES AND MAINTENANCE 37566 SUPPLIES 6151 242 7240634 2743369 2980757 85016 149013 317387 331875 53820 50813 4778 3007 370990 245492 10200 10200 3531740 3720344 386160 506415 1350000 1617750 380683 277806 2116843 2401971 X 1414897 1318373 1414897 1318373 3531740 3720344 -96524 0 X 0 1 X 1 0 1 0 0 23820 20813 3007 30000 30000 0 3007 OPERATING LEASE OBLIGATION 254902 CHASE BUSINESS VISA 22904 277806 X 7144110 0 7144110 0 7144110 7240634 0 7240634 0 7240634 PART X, LINE 2: THE COUNCIL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE COUNCIL'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE HAS BEEN NO UNRELATED BUSINESS INCOME OR INCOME TAX EXPENSE FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. THE COUNCIL BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COUNCIL RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNRECOGNIZED TAX POSITIONS IN OTHER EXPENSE ON THE FINANCIAL STATEMENTS. THE COUNCIL REPORTED NO PENALTIES AND INTEREST RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. TAX YEARS PRIOR TO 2021 ARE NO LONGER SUBJECT TO EXAMINATION BY THE IRS OR THE TAX JURISDICTION OF THE DISTRICT OF COLUMBIA. X 1 1 X X X 0 0 0 RYAN DONOVAN PRESIDENT/CEO 579946 0 172500 0 10957 0 23000 0 36391 0 822794 0 0 0 JENNIFER COWELL EXEC VP POLICY, GOV'T RELA 298335 0 64200 0 5017 0 18201 0 45487 0 431240 0 0 0 KEYA JACKSON VP, COO/CORPORATE SECRETARY 251539 0 51360 0 3161 0 7641 0 1260 0 314961 0 0 0 PETER GARUCCIO SVP, COMMUNICATIONS 247932 0 51360 0 468 0 14904 0 0 0 314664 0 0 0 JOHN COMEAU POLICY ECONOMIST 225962 0 48150 0 351 0 22631 0 1260 0 298354 0 0 0 PART I, LINE 1A RYAN DONOVAN, PRESIDENT/CEO, HAS A DISCRETIONARY SPENDING ACCOUNT. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP: EACH FEDERAL HOME LOAN BANK IS ELIGIBLE TO JOIN THE COUNCIL AND, UPON RATIFYING THE OBLIGATION SET FORTH IN THE COUNCIL'S ARTICLES OF ASSOCIATION, IS REFERRED TO AS A "MEMBER." FORM 990, PART VI, SECTION A, LINE 7A REPRESENTATIVES: EACH MEMBER ANNUALLY APPOINTS FROM ITS BOARD OF DIRECTORS AND/OR SENIOR MANAGEMENT UP TO THREE REPRESENTATIVES TO SERVE ON THE COUNCIL BOARD. REPRESENTATIVES TO THE BOARD SHALL ELECT A CHAIR AND VICE-CHAIR FROM AMONG THEIR NUMBER. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF 990: THE FORM 990 IS REVIEWED BY THE PRESIDENT AND CEO AND THE COO PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY CONFLICTS OF INTEREST THAT ARISE ARE DEALT WITH AT THE MANAGEMENT AND BOARD LEVELS. FORM 990, PART VI, SECTION B, LINE 15A PERFORMANCE EVALUATIONS: DURING 2024, AN ANNUAL PERFORMANCE EVALUATION OF KEY STAFF WAS CONDUCTED. DURING 2024, AN ANNUAL PERFORMANCE EVALUATION OF THE CHIEF EXECUTIVE OFFICER WAS CONDUCTED. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: THE COUNCIL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OUTREACH: CONSULTING 3,709,841.