2015-05-13T14:55:11-05:00 2014-12-31 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2014-01-01 521081024 INDEPENDENT SECTOR INDE 2024676100 1602 L STREET NW NO 900 WASHINGTON DC 20036 DIANA AVIV PRESIDENT & CEO 2024676100 2015-05-10 1 WILLIAM E TURCO CPA P00369217 3012963600 2014 2016-02-25 16:41:14Z DIANA AVIV 1602 L STREET NW NO 900 WASHINGTON DC 20036 15219819 0 X WWW.INDEPENDENTSECTOR.ORG X 1980 DC TO ADVANCE THE COMMON GOOD BY LEADING, STRENGTHENING, (SEE SCHEDULE O)AND MOBILIZING THE NONPROFIT AND PHILANTHROPIC COMMUNITY. 22 22 53 275 99567 0 6421656 7316436 823833 875235 115264 229323 97839 282253 7458592 8703247 0 0 0 0 4549526 5090794 0 0 744789 3670410 3683410 8219936 8774204 -761344 -70957 45447956 45286678 15030037 14962861 30417919 30323817 X TO ADVANCE THE COMMON GOOD BY LEADING, STRENGTHENING, AND MOBILIZING THE NONPROFIT AND PHILANTHROPIC COMMUNITY. 0 0 1421099 762073 NATIONAL CONFERENCE:THE IS NATIONAL CONFERENCE PROVIDES THE PREMIER MEETING GROUND FOR LEADERS FROM THE NONPROFIT SECTOR AND PHILANTHROPIC SECTOR, BRINGING TOGETHER LEADERS FROM PUBLIC CHARITIES, FOUNDATIONS, CORPORATE GIVING PROGRAMS, AND ACADEMIA TO SHARE THEIR EXPERIENCES AND EXPERTISE TO DISCUSS AND ADDRESS CRITICAL ISSUES FACING OUR SECTOR, THE NATION AND THE WORLD. IN NOVEMBER 2014, OVER 1100 PEOPLE (INCLUDING OVER 100 ON SCHOLARSHIP) REGISTERED FOR OUR ANNUAL CONFERENCE FEATURING INTERACTIVE SESSIONS INFUSED WITH THE ARTS IN SEATTLE, WASHINGTON. ABOUT 285 PARTICIPATED IN OUR PUBLIC POLICY ACTION INSTITUTE AND NGEN PROGRAMMING (FOR NONPROFIT PROFESSIONALS UNDER 40) WHICH ARE IS' SIGNATURE PRE-CONFERENCE OFFERINGS. THE EXPERTISE AND VIBRANCY OF ALL OUR PARTICIPANTS PRODUCED A WORLD-CLASS EXCHANGE OF IDEAS. THE MEETING FEATURED NUMEROUS SESSIONS AND INNOVATIVE FORMATS THAT HELPED PARTICIPANTS EXAMINE HOW TO CREATE SOLUTIONS, BUILD LASTING IMPACT AND TO IMAGINE AND CREATE BRIGHTER FUTURES FOR THEIR ORGANIZATIONS AND THE PEOPLE THEY SERVE. THE CONFERENCE OFFERS A C-SUITE TRACK FOR PROFESSIONALS DIRECTLY REPORTING TO THE CEO AND SPECIAL SESSIONS TARGETED FOR CEOS OR EXECUTIVE DIRECTORS WHO MADE UP 34% OF CONFERENCE REGISTRANTS. FOR THE FIRST TIME, CFRE CREDITS WERE OFFERED FOR 23 BREAK-OUT SESSIONS. 1342247 PUBLIC POLICY:INDEPENDENT SECTOR (IS) PROVIDES LEADERSHIP FOR AND COLLABORATES WITH OUR MEMBERS TO COMMUNICATE TO PUBLIC OFFICIALS THE VALUE OF THE CHARITABLE COMMUNITY AND TO ADVOCATE FOR FEDERAL POLICIES AND REGULATIONS THAT ADVANCE THE ABILITY OF CHARITABLE AND PHILANTHROPIC ORGANIZATIONS TO SERVE THEIR COMMUNITIES. KEY ACHIEVEMENTS IN 2014 INCLUDED PASSAGE OF LEGISLATION BY THE HOUSE OF REPRESENTATIVES THAT WOULD MAKE PERMANENT THREE TEMPORARY CHARITABLE GIVING INCENTIVES. THE ADVOCACY EFFORT ON THAT LEGISLATION INCLUDED SCORES OF MEETINGS IN CONGRESSIONAL OFFICES, AS WELL AS PROVIDING TO LAWMAKERS AND THEIR STAFFS SECTOR-WIDE SIGN ON LETTERS SIGNED BY MORE THAN 2,600 CHARITABLE ORGANIZATIONS. IS ALSO CONTINUED TO SERVE AS A RESOURCE TO LAWMAKERS AND THEIR STAFF IN BOTH CHAMBERS ON KEY SECTOR-WIDE ISSUES. THIS WAS EVIDENCED BY THE INVITATION FOR PRESIDENT AND CEO DIANA AVIV TO TESTIFY BEFORE THE HOUSE GOVERNMENT REFORM AND OVERSIGHT COMMITTEE ON PROPOSED IRS RULES REGARDING POLITICAL ACTIVITY BY TAX-EXEMPT ORGANIZATIONS. IS ALSO CONTINUED TO ENCOURAGE POLICYMAKERS TO SUPPORT TAX INCENTIVES THAT ENCOURAGE ALL AMERICANS TO CONTRIBUTE TO CHARITY AND SUCCEEDED IN STAVING OFF EFFORTS TO CURTAIL TAX DEDUCTIONS FOR CHARITABLE GIFTS AVAILABLE TO TAXPAYERS AT HIGHER INCOME LEVELS. IS HAS ALSO REMAINED COMMITTED TO ADVANCING THE ABILITY OF PUBLIC CHARITIES TO ENGAGE IN ADVOCACY EFFORTS ON BEHALF OF THE COMMUNITIES AND CAUSES THEY SERVE, AND TO REMOVING OBSTACLES THAT INHIBIT FUNDERS FROM SUPPORTING THOSE EFFORTS. IS USED A VARIETY OF VEHICLES TO CONNECT AND MOBILIZE OUR MEMBERS ON THESE ISSUES, INCLUDING THE PUBLIC POLICY ACTION INSTITUTE AT THE NATIONAL CONFERENCE, OUR DAILY EMAIL HIGHLIGHTING KEY POLICY DEVELOPMENTS; MONTHLY STRATEGY MEETINGS WITH CHARITABLE COMMUNITY POLICY LEADERS; MONTHLY LEGISLATIVE UPDATES BY TELECONFERENCE; WEBINARS, SPECIAL CALLS, EMAIL COMMUNICATIONS AND SOCIAL MEDIA AS NEEDED; AND THE POLICY SECTION OF OUR WEBSITE. THROUGH THESE AND OTHER EFFORTS, IS STRENGTHENS THE ABILITY OF PUBLIC CHARITIES AND PRIVATE FOUNDATIONS TO SHAPE KEY PUBLIC POLICIES AND TO STRENGTHEN THE PARTNERSHIP BETWEEN GOVERNMENT AND THE CHARITABLE COMMUNITY. 912900 NETWORKS AND MEMBER ENGAGEMENT:THE IS MEMBERSHIP IS A LEADERSHIP NETWORK OF APPROXIMATELY 500 ORGANIZATIONS REPRESENTING A CROSS SECTION OF THE CHARITABLE AND PHILANTHROPIC COMMUNITY INCLUDING LOCAL, REGIONAL AND NATIONAL PUBLIC CHARITIES, CORPORATE GIVING PROGRAMS, AND FOUNDATIONS, WE ENGAGE OUR MEMBERSHIP IN ALL OF OUR EFFORTS TO STRENGTHEN THE CHARITABLE COMMUNITY. THIS INCLUDES: DEVELOPING POLICY POSITIONS AND AMPLIFYING THE VOICE OF THE CHARITABLE COMMUNITY TO THE ADMINISTRATION AND LEGISLATORS, SUPPORTING ESTABLISHED AND EMERGING LEADERS, AND PROMOTING GOOD GOVERNANCE STANDARDS. MEMBERS ARE ENGAGED THROUGH COMMITTEES, TRAININGS AND EVENTS, AND AT OUR ANNUAL CONFERENCE WHERE THEY BRING THEIR THOUGHT LEADERSHIP AND ADVANCE PRACTICE EXPERTISE. 880372 23452 PROGRAMS AND PRACTICE (P&P):INDEPENDENT SECTOR HAS CONTINUED TO SUPPORT OUR MEMBERS AND OTHER PUBLIC CHARITIES AND FOUNDATIONS TO LEAD AND MANAGE. IN 2014, P&P FOCUSED ON LEADERSHIP THROUGH TWO DISTINCT PROGRAMS. FIRST, P&P BROADENED THE REACH AND EFFECTIVENESS OF NGEN: MOVING NONPROFIT LEADERS FROM NEXT TO NOW, OUR LEADERSHIP DEVELOPMENT PROGRAM FOR NONPROFIT LEADERS 40 AND UNDER. WE CONTINUED OUR AMERICAN EXPRESS NGEN FELLOWS PROGRAM, FELLOWS ALUMNI PROGRAM, AMERICAN EXPRESS NGEN LEADERSHIP AWARD PROGRAM, AND SERIES OF NGEN COMMUNITY WEBINARS. WE ALSO HOSTED A SUCCESSFUL PRE-CONFERENCE PROGRAM IN SEATTLE AND TWO NGEN NETWORKING RECEPTIONS AT SECTOR CONFERENCES - THE EMERGING PRACTITIONERS IN PHILANTHROPY (EPIP) / JOINT AFFINITY GROUPS (JAG) UNITY SUMMIT AND THE POINTS OF LIGHT CONFERENCE ON VOLUNTEERING AND SERVICE. SECOND, P&P EXPANDED THE C-SUITE LEADERSHIP PROGRAM, WHICH LAUNCHED IN 2013 AND TARGETS SENIOR LEADERS WHO REPORT TO THE CEO. IN 2014, P&P PILOTED A C-SUITE REGIONAL EVENT, THE C-SUITE MIDWEST REGIONAL SUMMIT IN THE DETROIT METRO AREA. WE ALSO OFFERED A TRACK OF C- SUITE SESSIONS AND A C-SUITE NETWORKING RECEPTION AT THE IS CONFERENCE IN SEATTLE. IN ADDITION, P&P LAUNCHED PILOT ONLINE COMMUNITIES FOR BOTH THE NGEN AND C-SUITE PROGRAMS. THE COMMUNITIES, HOSTED ON LINKEDIN, PROVIDE A DYNAMIC ONLINE FORUM THROUGH WHICH EMERGING AND SENIOR EXECUTIVE LEADERS CAN CONNECT WITH A NATIONAL PEER NETWORK, ACCESS RESOURCES AND PEER SUPPORT, AND EXCHANGE VIEWS ON EVOLVING SECTOR TRENDS. P&P CONTINUES TO PLAY A LEADERSHIP ROLE IN EDUCATING THE SECTOR ABOUT RELEVANT CROSS-CUTTING ISSUES. IN 2014, WE FOCUSED ON CHARITABLE SECTOR ETHICS AND ACCOUNTABILITY AND LAUNCHED A MAJOR EFFORT TO UPDATE AND RE-RELEASE THE PRINCIPLES FOR GOOD GOVERNANCE AND ETHICAL PRACTICE, FIRST PUBLISHED IN 2007. AN ADVISORY COMMITTEE OF 21 SECTOR LEADERS CONSIDERED UPDATES TO THE PRINCIPLES BASED ON CHANGES IN THE ENVIRONMENT IN WHICH THE CHARITABLE SECTOR OPERATES, INCLUDING AN INCREASING RELIANCE ON TECHNOLOGY AND OPPORTUNITIES FOR NONPROFITS TO PURSUE EARNED INCOME OPPORTUNITIES. IN ADDITION TO PRODUCING AN UPDATED PRINCIPLES GUIDE AND PRINCIPLES LEGAL REFERENCE EDITION, P&P UPDATED CURRENT TOOLS AND RESOURCES THAT SUPPORT THE PRINCIPLES AND DEVELOPED A NEW TOOL - THE PRINCIPLES ORGANIZATIONAL ASSESSMENT TOOL - THAT ALLOWS ORGANIZATIONS TO ASSESS THEIR STRENGTHS AND WEAKNESS IN EACH OF FOUR CATEGORIES RELATED TO THE PRINCIPLES. 599896 COMMUNICATIONS:INDEPENDENT SECTOR WORKS TO COMMUNICATE THE VALUE OF THE CHARITABLE COMMUNITY TO THE MEDIA, ELECTED OFFICIALS, THE PUBLIC, AND STAFF AT PUBLIC CHARITIES AND FOUNDATIONS WHILE EDUCATING ITS MEMBERSHIP AND AUDIENCES ACROSS THE SOCIAL GOOD SPACE ON EMERGING CHALLENGES, OPPORTUNITIES, AND TRENDS. IN 2014, COVERAGE OF IS ACTIVITIES APPEARED MORE THAN 130 TIMES IN NATIONAL OUTLETS INCLUDING THE NEW YORK TIMES, THE WALL STREET JOURNAL, THE WASHINGTON POST, USA TODAY, THE HUFFINGTON POST, AS WELL AS IN TRADE PUBLICATIONS SUCH AS THE CHRONICLE OF PHILANTHROPY, THE NONPROFIT TIMES, AND NONPROFIT QUARTERLY. MEDIA REPRESENTATIVES LOOK TO IS FOR EXPERTISE ON GIVING, VOLUNTEERING, ETHICS, AND ACCOUNTABILITY AND ON PUBLIC POLICIES AFFECTING THE CHARITABLE COMMUNITY, SUCH AS THE CHARITABLE DEDUCTION, JOBS PROGRAMS, AND TAX EXEMPTIONS.INDEPENDENT SECTOR CONTINUES TO SERVE AS A SOURCE OF BEST PRACTICES, STRATEGIES, AND EMERGENT TRENDS TO THE CHARITABLE AND PHILANTHROPIC COMMUNITY, AND A FORUM TO DISCUSS THEM. THE PRESIDENT AND CEO SPOKE AT 17 HIGH-VISIBILITY ENGAGEMENTS ON THREE CONTINENTS IN 2014, SHARING IS'S WORK AND REPRESENTING THE INTERESTS OF OUR MEMBERS AND THE CHARITABLE COMMUNITY. IS IS CONTINUALLY IMPROVING OUR DIGITAL PRESENCE, USER EXPERIENCE, MEANS OF DISSEMINATION OF KEY MATERIALS, AND ONLINE OPPORTUNITIES FOR ENGAGEMENT. IN 2014, IS LAUNCHED PILOT ONLINE COMMUNITIES FOR TARGETED SUBSETS OF ITS MEMBERSHIP AND BEGAN WORK ON BOTH A NEW ONLINE HOME FOR THE ORGANIZATION AND A ROBUST PORTAL FOR OUR PRINCIPLES OF GOOD GOVERNANCE AND ETHICAL PRACTICE, SINCE LAUNCHED IN 2015. IS'S EXISTING ONLINE RESOURCES INCLUDE TOOLKITS, TALKING POINTS, RESEARCH REPORTS, AND A LIBRARY OF ETHICS AND GOVERNANCE DOCUMENTS. IS ALSO SENDS DAILY POLICY AND NEWS UPDATES TO ABOUT 2,500 INDIVIDUALS AT MEMBER ORGANIZATIONS, PLUS PERIODIC TIMELY ALERTS ON KEY POLICY ISSUES AND A MONTHLY MEMBER NEWSLETTER, IS CONNECTS. 452361 LEADERSHIP FOR THE FUTURE:STILL GROUNDED IN OUR CURRENT STRATEGIC PLAN WHILE MOVING TO BUILD AND REALIZE A NEW VISION, IS CONTINUED TO ADVANCE ITS MISSION TO LEAD, STRENGTHEN AND MOBILIZE THE CHARITABLE AND PHILANTHROPIC COMMUNITY. IS REMAINED COMMITTED TO A SOLUTIONS-ORIENTED LEADERSHIP APPROACH, AND ENGAGED WITH THE CHARITABLE AND PHILANTHROPIC COMMUNITY CONSISTENT WITH THIS VISION. DURING 2014, IS WORKED TO IDENTIFY NOT ONLY CHALLENGES FACING THE SECTOR, BUT ALSO UNIQUE OPPORTUNITIES TO CONTINUE TO STRENGTHEN BOTH THE SECTOR AND THE BROADER SOCIETY. IN KEEPING WITH THE ORGANIZATION'S OVERARCHING STRATEGIC VISION AND DIRECTION, DURING 2014, IS FOCUSED ON GOALS IN THREE KEY AREAS: VOICE, LEADERSHIP AND IMPACT, AS DESCRIBED BELOW:VOICE: A FOCUS ON INCREASING THE SECTOR'S PROFILE AND PRODUCTIVE RELATIONSHIPS WITH GOVERNMENT AND BUSINESS, WHICH REQUIRES DEEPENING OUR CONNECTIONS AND IMPACT IN WASHINGTON, DC; LEADERSHIP: SEEKING TO DEVELOP THE SECTOR'S ADAPTIVE LEADERSHIP CAPACITY AND STRENGTHEN DIVERSE LEADERSHIP PIPELINES TO SUPPORT LEADERS AT EVERY AGE AND CAREER STAGE; AND IMPACT: FOCUSING ON MEASURING AND COMMUNICATING IMPACT IN WAYS THAT FOSTER COLLABORATION, INCLUDING ESTABLISHING A COMMON FRAMEWORK FOR ORGANIZATIONAL ASSESSMENT AND EFFECTIVENESS.DURING 2014, THE GOVERNANCE & SPECIAL PROJECTS DEPARTMENT CONTINUED TO SUPPORT THE BOARD OF DIRECTORS' STRATEGIC LEADERSHIP AND OVERSIGHT OF THE ORGANIZATION. WHILE THE ORGANIZATION ALSO CONTINUED TO BUILD UPON AN EVOLVING VISION OF OUR FUTURE ROLE, THE DEPARTMENT ALSO SUPPORTED IS'S ONGOING EFFORTS TO EXECUTE ON ITS CURRENT STRATEGIC PLAN AND TO MONITOR PERFORMANCE THEREUNDER. THE GOVERNANCE & SPECIAL PROJECTS TEAM ALSO PROVIDED RESEARCH AND ANALYSIS OF SECTOR-RELATED ISSUES AND TRENDS. AS A LEADER AND CHAMPION ON BEHALF OF THE NONPROFIT AND PHILANTHROPIC SECTOR FOR MORE THAN 30 YEARS, INDEPENDENT SECTOR IS DEEPLY KNOWLEDGEABLE ABOUT THE CHARITABLE SECTOR, IS VIEWED WITH RESPECT AND CREDIBILITY, AND HAS A REPUTATION FOR RESPONSIVENESS, AGILITY, KNOWLEDGE, AND RELIABILITY. IS IS HIGHLY REGARDED FOR ITS ROLE AS A CONVENER IN BRINGING TOGETHER SECTOR LEADERS FROM A BROAD SPECTRUM OF GROUPS AROUND SALIENT ISSUES, AND IS RECOGNIZED AND VALUED FOR ITS POLICY WORK. AS THE SECTOR AND ITS LEADERS FACE INCREASINGLY COMPLEX CHALLENGES IN A CONSTANTLY SHIFTING ENVIRONMENT, IN 2014 IS LEVERAGED ITS ANNUAL BUSINESS MEETING TO ENGAGE STAKEHOLDERS IN DISCUSSION REGARDING THE FUTURE OF THE SECTOR, AND IS'S ROLE IN RELATION TO THAT FUTURE. THESE INTERACTIVE DISCUSSIONS REFLECTED IS'S ONGOING COMMITMENT TO ENGAGING WITH, AND LEARNING FROM, ITS STAKEHOLDERS IN MEANINGFUL WAYS IN ORDER TO BE RESPONSIVE TO SECTOR NEEDS AND TO PLAY AN INFORMED AND EFFECTIVE LEADERSHIP ROLE. THROUGH THE CONTINUED EXECUTION OF THE JOHN W. GARDNER LEADERSHIP AWARD PROGRAM, AND SUPPORT OF THE RELATED SELECTION COMMITTEE, THE GOVERNANCE & SPECIAL PROJECTS TEAM CONTINUED TO SUPPORT IS'S COMMITMENT TO IDENTIFYING AND ACKNOWLEDGING OUTSTANDING SECTOR LEADERSHIP. IS'S RECOGNITION IN 2014 OF ALBERTO IBARG EN, PRESIDENT OF THE JOHN S. AND JAMES L. KNIGHT FOUNDATION, ONCE AGAIN HIGHLIGHTED AN EXCEPTIONAL SECTOR LEADER WHOSE WORK HAS TRANSCENDED THEIR FIELD AND HAS CONTRIBUTED TO SOCIETY MORE BROADLY. IN CONFERRING THE AWARD, IS CONTINUED THE TRADITION OF HONORING AN INDIVIDUAL HELD UP AS A BEACON OF ACHIEVEMENT, DESERVING OF PUBLIC RECOGNITION, AND WORTHY OF CITATION AS A MODEL FOR OTHERS -- BOTH WITHIN AND OUTSIDE OF THE SECTOR -- TO EMULATE. 1932629 23452 5608875 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 18 0 1 53 1 1 1 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR AZ CA CO CT DC FL GA HI IL KS KY MA MD ME MI MS MN NC NH NM NY OH OK PA RI SC TN UT VA WA WI X X CAROLYN MOLLEN 2024676100 1602 L STREET NW NO 900 WASHINGTON DC 20036 STEPHEN B HEINTZ CHAIR 5.00 X X 0 0 0 NEIL NICOLL CHAIR, DIRECTOR 5.00 X X 0 0 0 RALPH B EVERETT VICE CHAIR 5.00 X X 0 0 0 STEVEN J MCCORMICK VICE-CHAIR, DIRECTOR 5.00 X X 0 0 0 KELVIN H TAKETA SECRETARY 5.00 X X 0 0 0 LORIE A SLUTSKY TREASURER 5.00 X X 0 0 0 IRENE HIRANO-INOUYE DIRECTOR 2.00 X 0 0 0 BARBARA R ARNWINE DIRECTOR 2.00 X 0 0 0 ROBERT W BRIGGS DIRECTOR 2.00 X 0 0 0 KYLE CALDWELL DIRECTOR 2.00 X 0 0 0 SONYA CAMPION DIRECTOR 2.00 X 0 0 0 DANIEL J CARDINALI DIRECTOR 2.00 X 0 0 0 JIM GIBBONS DIRECTOR 2.00 X 0 0 0 RON KAGAN DIRECTOR 2.00 X 0 0 0 LARRY KRAMER DIRECTOR 2.00 X 0 0 0 RISA LAVIZZO-MOUREY DIRECTOR 2.00 X 0 0 0 BERNARD J MILANO DIRECTOR 2.00 X 0 0 0 DARREN WALKER DIRECTOR 2.00 X 0 0 0 MARIAM C NOLAND DIRECTOR 2.00 X 0 0 0 MICHAEL S PIRAINO DIRECTOR 2.00 X 0 0 0 WENDY D PURIEFOY DIRECTOR 2.00 X 0 0 0 PAUL SCHMITZ DIRECTOR 2.00 X 0 0 0 ROBERT SURO DIRECTOR 2.00 X 0 0 0 DEBORAH ALVAREZ-RODRIGUEZ DIRECTOR 2.00 X 0 0 0 JULIE FLOCH DIRECTOR 2.00 X 0 0 0 JEFFREY L BRADACH DIRECTOR 2.00 X 0 0 0 ROBERT LYNCH DIRECTOR 2.00 X 0 0 0 TIMOTHY J MCCLIMON DIRECTOR 2.00 X 0 0 0 SANDRA L VARGAS DIRECTOR 2.00 X 0 0 0 DIANA AVIV PRESIDENT, CEO 60.00 X 521076 0 156311 TERRI O'BRIEN SVP, COO 50.00 X 216651 0 17578 MICHAEL GOFF SVP, CDO 50.00 X 188148 0 24068 CLAIRE WELLINGTON SVP, STRATEGY & BOARD GOVERNANCE 50.00 X 182753 0 34013 GEOFFREY PLAGUE VP, PUBLIC POLICY 50.00 X 166172 0 19243 AMANDA BROUN VP, PROGRAMS & PRACTICE 50.00 X 160899 0 33135 ERICA GREELEY VP, NETWORKS & MEMBER 50.00 X 144399 0 11018 NADINE JALANDONI VP, RESEARCH 50.00 X 135589 0 21825 CAROLYN MOLLEN DIRECTOR OF FINANCE 50.00 X 133329 0 5788 1849016 0 322979 14 0 1 0 DELOITTE CONSULTING LLP PO BOX 844717 DALLAS TX 752844717 STRATEGIC VISIONING CONSULTANTS 500000 OFFICE IT SOLUTIONS 3509 CONNECTICUT AVE NW 705 WASHINGTON DC 20008 TECHNOLOGY SERVICES 435219 SHERATON SEATTLE 1400 SIXTH STREET SEATTLE WA 98101 MEETING SERVICES 238184 WASHINGTON COUNCIL E & Y 1001 PENNSYLVANIA AVE NW 601 WASHINGTON DC 20004 LEGAL CONSULTING 192500 ELLIOT BAY PRODUCTIONS LLC 3708 SW AUSTIN STREET SEATTLE WA 98126 MEETING PRODUCTION 138953 8 2572003 4744433 7316436 CONFERENCE FEES 900004 851783 762073 89710 PUBLICATION SALES 900099 23452 23452 875235 118626 118626 3880 3880 1526439 1416791 109648 109648 50098 59550 5210478 5099781 110697 110697 110697 SUBLEASE INCOME 900099 123136 123136 PARKING SERVICES 812930 45589 45589 168725 8703247 785525 99567 501719 X 1240276 666787 455599 117890 3202609 1721761 1176435 304413 50520 27160 18558 4802 309411 166343 113657 29411 287978 154820 105785 27373 11586 11586 32500 32500 1620894 458828 1139867 22199 8651 8651 301617 133584 165587 2446 62388 31194 31194 989330 621464 278722 89144 148470 137666 10355 449 399078 365854 31842 1382 108896 108896 ALLOCATED OVERHEAD 0 1114763 -1260043 145280 8774204 5608875 2420540 744789 1577487 1238167 3073186 1927308 1370016 1379365 61999 40526 45652 164452 36743949 6969562 30488859 29774387 7196927 9365251 1633830 1397222 45447956 45286678 756889 1127044 1640 88920 11435312 11104490 2387500 2125000 448696 517407 15030037 14962861 X 27489189 27937328 2928730 2386489 30417919 30323817 45447956 45286678 -70957 -23145 0 X 0 1 X 1 0 X 7867471 9946525 13098977 6535206 7482486 44930665 7867471 9946525 13098977 6535206 7482486 44930665 9147318 35783347 463840 689251 720583 964742 1070771 3909187 120000 120000 48959852 3243188 0.73090 0.70290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7260 7260 8222825 8230085 561504 140376 0 0 631876 538349 568668 561504 2300397 3450596 51251 12695 7966 7260 79172 157969 134587 142167 140376 575099 862649 7688 1311 8999 2500000 2000000 168829 147392 4521437 5000000 2500000 2500000 5000000 5000000 5000000 5000000 5000000 5000000 1.00000 0 0 5391820 5391820 26728691 4621836 22106855 2552213 877362 1674851 2071225 1470364 600861 29774387 DEFERRED COMPENSATION PLAN 275234 DEPOSITS HELD IN ESCROW 176830 DEFERRED RENT 65343 517407 X 10217354 -23145 166050 142905 10074449 -1371202 -1371202 8703247 10311456 166050 1371202 1537252 8774204 0 8774204 PART V, LINE 4: THE UNRESTRICTED NET ASSETS OF INDEPENDENT SECTOR ARE REPORTED AS UNDESIGNATED AND BOARD DESIGNATED NET ASSETS. UNRESTRICTED NET ASSETS REPRESENT THE PORTION OF EXPENDABLE FUNDS THAT IS AVAILABLE TO SUPPORT THE OPERATIONS OF INDEPENDENT SECTOR, WHILE BOARD DESIGNATED NET ASSETS REPRESENT A PORTION OF UNRESTRICTED NET ASSETS FOR DESIGNATED PURPOSES AND CONSISTS OF A SHORT TERM BUILDING OPERATING FUND AND A LONG TERM RESERVE FUND WHICH WAS CREATED TO ESTABLISH A CORPUS FOR WHICH INVESTMENT INCOME WILL BE USED FOR GENERAL OPERATIONS. AS OF DECEMBER 31, 2014, BOARD DESIGNATED NET ASSETS INCLUDED $500,000 IN THE SHORT TERM BUILDING OPERATING FUND AND $4,021,437 IN THE LONG TERM RESERVE FUND. PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, INDEPENDENT SECTOR IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED DECEMBER 31, 2014, NO PROVISION FOR INCOME TAXES WAS REQUIRED, AS INDEPENDENT SECTOR HAD NO UNRELATED BUSINESS TAX LIABILITY. LLC IS A SINGLE MEMBER LIMITED LIABILITY COMPANY THAT HAS ELECTED TO BE TREATED AS A DISREGARDED ENTITY. AS SUCH, LLC IS NOT SUBJECT TO FEDERAL INCOME TAX, BUT RATHER, ITS INCOME OR LOSS INURES TO INDEPENDENT SECTOR. LLC IS SUBJECT TO THE DISTRICT OF COLUMBIA BUSINESS FRANCHISE TAX. THERE WAS NO TAX PROVISION NECESSARY TO BE ACCRUED AS OF DECEMBER 31, 2014. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ASC TOPIC 740-10) ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2011. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B -1,416,791. PARKING SERVICE REVENUE REPORTED ON LINE 11 45,589. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B 1,416,791. PARKING SERVICE REVENUE REPORTED ON LINE 11 -45,589. X X X X X 0 1 0 0 0 0 0 0 0 DIANA AVIV PRESIDENT, CEO 519842 0 0 0 1234 0 154500 0 10003 0 685579 0 0 0 TERRI O'BRIEN SVP, COO 216221 0 0 0 430 0 13190 0 8977 0 238818 0 0 0 MICHAEL GOFF SVP, CDO 186914 0 0 0 1234 0 14374 0 13080 0 215602 0 0 0 CLAIRE WELLINGTON SVP, STRATEGY & BOARD GOVERNANCE 181535 0 0 0 1218 0 13690 0 23334 0 219777 0 0 0 GEOFFREY PLAGUE VP, PUBLIC POLICY 165895 0 0 0 277 0 12576 0 7480 0 186228 0 0 0 AMANDA BROUN VP, PROGRAMS & PRACTICE 160095 0 0 0 804 0 9892 0 25667 0 196458 0 0 0 ERICA GREELEY VP, NETWORKS & MEMBER 144213 0 0 0 186 0 11018 0 3540 0 158957 0 0 0 NADINE JALANDONI VP, RESEARCH 134785 0 0 0 804 0 10462 0 15818 0 161869 0 0 0 PART I, LINE 4B DIANA AVIV, PRESIDENT & CEO, PARTICIPATED IN RETENTION AND SABBATICAL PLANS IN THE AMOUNTS OF $90,000 AND $29,500, RESPECTIVELY. A DISTRICT OF COLUMBIA 566001131 2013-06-04 11600000 TO REFINANCE PURCHASE OF HEADQUARTERS BUILDING 0 0 0 A 330822 11600000 11600000 2013 1 0 1 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 1 FORM 990, PART VI, SECTION A, LINE 6 IS HAS MEMBERS THAT HELP SUPPORT THE MISSION OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THERE IS ONLY ONE CLASS OF VOTING MEMBERS. THE MEMBERSHIP HAVE THE AUTHORITY TO ELECT DIRECTORS OF THE ORGANIZATION OTHER THAN THE PRESIDENT. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERSHIP HAVE THE AUTHORITY TO APPROVE CHANGES IN THE ARTICLES OF INCORPORATION AND BY-LAWS, MEMBERSHIP DUES AND/OR DUES ASSESSMENT METHODOLOGY, MEMBERSHIP ELIGIBILITY CRITERIA, AFFIRM MAJOR POLICIES AND LEGISLATIVE ACTIONS BY THE BOARD, AS APPROPRIATE, AND ADOPT RESOLUTIONS ON NATIONAL ISSUES OF CONCERNS TO THE MEMBERSHIP, AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, THE FORM 990 IS PRESENTED TO INDEPENDENT SECTOR'S AUDIT COMMITTEE FOR REVIEW. THE CHIEF FINANCIAL OFFICER ALSO REVIEWS THE FORM 990, IN DETAIL, WITH THE PRESIDENT AND CHIEF EXECUTIVE OFFICER PRIOR TO OBTAINING THE CEO'S SIGNATURE ON THE DOCUMENT. THE FORM 990 IS ALSO PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW IN ADVANCE OF FILING. IT IS DISTRIBUTED IN ADVANCE OF THE BOARD MEETING IN ORDER TO ENSURE THAT DIRECTORS HAVE AN OPPORTUNITY FOR A MEANINGFUL REVIEW AND TO ALLOW ALL DIRECTORS THE OPPORTUNITY TO GAIN A FULL UNDERSTANDING OF THE DOCUMENT BEFORE IT IS FILED. INDEPENDENT SECTOR'S AUDITORS PARTICIPATE IN THE BOARD MEETING IN ORDER TO RESPOND TO ANY QUESTIONS THAT DIRECTORS MAY HAVE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, BOARD MEMBERS ARE ASKED TO REVIEW INDEPENDENT SECTOR'S CONFLICT OF INTEREST POLICY AND TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. AMONG OTHER THINGS, THE POLICY MAKES CLEAR THAT ALL DECISIONS OF THE BOARD, OFFICERS AND EMPLOYEES OF INDEPENDENT SECTOR ARE TO BE MADE SOLELY ON THE BASIS OF A DESIRE TO PROMOTE THE BEST INTERESTS OF THE ORGANIZATION AND THE PUBLIC GOOD. THE DISCLOSURE STATEMENT, IN TURN, REQUESTS THAT DIRECTORS IDENTIFY, TO THE BEST OF THEIR KNOWLEDGE, AFFILIATIONS WITH ORGANIZATIONS THAT MAYBE POTENTIALLY RELATED TO THE FINANCIAL OR OTHER SUBSTANTIVE OPERATIONS OF INDEPENDENT SECTOR. THEY ARE ALSO ASKED TO IDENTIFY CIRCUMSTANCES INVOLVING EITHER THEMSELVES, OR A MEMBER OF THEIR EXTENDED FAMILY, THAT MAYBE CONSTRUED AS A CONFLICT OF INTEREST. IF SUCH CIRCUMSTANCE SHOULD ARISE SUBSEQUENT TO SUBMITTING THE DISCLOSURE STATEMENT, THE POLICY SETS FORTH AN ONGOING DISCLOSURE REQUIREMENT. AT THE STAFF LEVEL, INDEPENDENT SECTOR PERSONNEL ALSO ENSURE THAT THERE ARE NO CONFLICTS OF INTEREST WHEN CONSIDERING ENGAGEMENT OF A NEW VENDOR. IF A POTENTIAL CONFLICT IS IDENTIFIED, APPROPRIATE STEPS ARE TAKEN BOTH TO ASSESS THE NATURE OF THE POTENTIAL CONFLICT AND, SUBSEQUENTLY, TO ENSURE THAT THE POSSIBILITY OF AN ACTUAL CONFLICT IS MITIGATED. SUCH MITIGATION MAY BE ACHIEVED THROUGH THE RECUSAL OR FIREWALLING OF THE INDIVIDUAL IN QUESTION, THUS ENSURING THAT THE CONFLICT IS MANAGED AND THE LETTER AND SPIRIT OF THE CONFLICTS POLICY ARE UPHELD. IN ADDITION, WE NOTE THAT DURING THE ANNUAL AUDIT STAFF IDENTIFY AND DISCLOSE TO AUDITORS ALL KNOWN CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A APART FROM THE ORGANIZATION'S PRESIDENT AND CHIEF EXECUTIVE OFFICER, INDEPENDENT SECTOR'S OFFICERS (CHAIR, VICE CHAIR, SECRETARY, AND TREASURER) DO NOT RECEIVE COMPENSATION FROM THE ORGANIZATION. AN ANNUAL COMPENSATION REVIEW PROCESS FOR THE CEO TAKES PLACE UNDER THE LEADERSHIP OF THE BOARD CHAIR AND EXECUTIVE COMMITTEE. AN OUTSIDE CONSULTANT IS RETAINED OR SALARY SURVEYS AND 990S ARE REVIEWED TO PROVIDE INDUSTRY COMPARABLE SALARY DATA. AN INTERMEDIATE SANCTIONS ANALYSIS AND RELATED DOCUMENTATION ARE ALSO COMPLETED. THE EXECUTIVE COMMITTEE HAS RESPONSIBILITY FOR MAKING FINAL RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS REGARDING THE PRESIDENTS PERFORMANCE EVALUATION AND COMPENSATION. THE BOARD OF DIRECTORS MAKES A FINAL DETERMINATION WITH REGARD TO THESE MATTERS. WITH REGARD TO STAFF COMPENSATION, THE PRESIDENT AND CEO, VICE PRESIDENTS, AND APPROPRIATE STAFF MANAGERS ALSO COMPLETE ANNUAL PERFORMANCE EVALUATIONS. FOR ALL STAFF OTHER THAN THE PRESIDENT AND CEO, IS UTILIZES INDUSTRY-COMPARABLE DATA IN MAKING DETERMINATIONS REGARDING THE RANGE OF SALARIES. THE PRESIDENT AND CEO MAKES ALL FINAL DETERMINATIONS RELATIVE TO STAFF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 INDEPENDENT SECTOR'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC. THE ANNUAL AUDIT, 990 AND 990T, BOARD OF DIRECTORS LIST, AND IS POLICIES (CONFLICT OF INTEREST, FINANCIAL RESPONSIBILITY, GIFTS AND ENTERTAINMENT, RECORDS RETENTION AND TRAVEL) ARE ALL AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE (WWW.INDEPENDENTSECTOR.ORG). FORM 990, PART IX, LINE 11G TEMPORARY HELP: PROGRAM SERVICE EXPENSES 32,682. MANAGEMENT AND GENERAL EXPENSES 22,331. FUNDRAISING EXPENSES 5,778. TOTAL EXPENSES 60,791. INDEPENDENT CONTRACTOR: PROGRAM SERVICE EXPENSES 25,921. MANAGEMENT AND GENERAL EXPENSES 71,626. FUNDRAISING EXPENSES 999. TOTAL EXPENSES 98,546. CONSULTANT: PROGRAM SERVICE EXPENSES 342,455. MANAGEMENT AND GENERAL EXPENSES 886,282. FUNDRAISING EXPENSES 13,196. TOTAL EXPENSES 1,241,933. LEGISLATIVE ASSISANCE: PROGRAM SERVICE EXPENSES 55,238. MANAGEMENT AND GENERAL EXPENSES 152,634. FUNDRAISING EXPENSES 2,129. TOTAL EXPENSES 210,001. SPEAKERS, SERVICE BUREAUS, AND OTHER: PROGRAM SERVICE EXPENSES 2,532. MANAGEMENT AND GENERAL EXPENSES 6,994. FUNDRAISING EXPENSES 97. TOTAL EXPENSES 9,623. FORM 990, PAGE 6, PART VI, LINE 1 AND PAGE 7, PART VII, VOTING MEMBERS THE NUMBER OF VOTING MEMBERS SHOWN IN PART VI SECTION A LINE 1 DIFFERS FROM THE NUMBER OF DIRECTORS LISTED IN PART VII BECAUSE BOARD MEMBERS ARE INCLUDED IN PART VII IF THEY SERVED ON THE BOARD AT ANY TIME DURING 2014. INDEPENDENT SECTOR'S BOARD TERM BEGINS AT THE ANNUAL BUSINESS MEETING HELD DURING THE IS ANNUAL CONFERENCE IN THE FALL. 1620 IS LLC 1602 L STREET NW WASHINGTON DC 20036 543219877 BUILDING MANAGEMENT DC 2626439 38862238 INDEPENDENT SECTOR