2015-08-14T23:10:17-05:00 2014-12-31 MITCHELL & TITUS LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2014-01-01 521631358 EXECUTIVE LEADERSHIP FOUNDATION % BERYL H ISAAC EXEC 7037065279 1001 N FAIRFAX STREET STE 300 Suite ALEXANDRIA VA 22314 RONALD C PARKER PRESIDENT & CEO 7037065279 2015-08-14 true FREDERICK DAVIS P00446023 2127094500 2014 2016-03-07 17:11:31Z RONALD C PARKER 1001 N FAIRFAX STREET ALEXANDRIA VA 22314 7933486 false X www.elcinfo.com X 1989 DC TO PROVIDE EDUCATIONAL AND ECONOMIC OPPORTUNITIES, MENTORING PROJECTS, AND PROGRAMS TO IDENTIFY, PREPARE & ADVANCE THE NEXT GENERATION OF BLACK AMERICAN MANAGERS & EXECUTIVES. 17 16 0 16 0 5325652 5704102 1030447 1304662 1371598 256945 -1425016 -1442104 6302681 5823605 275400 379000 0 0 1563036 1571847 0 0 0 2043566 2573591 3882002 4524438 2420679 1299167 19109102 20995800 1180210 1667488 17928892 19328312 X SEE SCHEDULE O. false false 682582 667700 LEADERSHIP INSTITUTE: THE INSTITUTE FOR LEADERSHIP DEVELOPMENT & RESEARCH (THE INSTITUTE) STRIVES TO BE THE PREEMINENT INSTITUTION FOR RESEARCH AND DEVELOPMENT OF BLACK AMERICANS IN THE CORPORATE WORLD. THE INSTITUTE PROVIDES EXECUTIVE-LEVEL SEMINARS, PEER MENTORING, COACHING, AND NETWORKING WITH TOP CORPORATE EXECUTIVES AND LEADERSHIP DEVELOPMENT TRAINING. 615674 543076 MID-LEVEL MANAGERS' SYMPOSIUM: THE ANNUAL MID-LEVEL MANAGERS' SYMPOSIUM (THE SYMPOSIUM), PROVIDES AN OPPORTUNITY FOR MANAGERS TO LEARN AND NETWORK IN PROFESSIONAL SETTINGS. THE SYMPOSIUM ALSO HONORS THE ACHIEVEMENTS OF BLACK AMERICANS AND PRO-DIVERSITY COMPANIES STRIVING TO MAKE THE BUSINESS CASE FOR DIVERSITY AND THE CORPORATE WORKPLACE MORE INCLUSIVE, EQUITABLE, AND SUCCESSFUL. 208343 99000 0 SCHOLARSHIP FUNDS: AL MARTINS' SCHOLARSHIP FUND: THE AL MARTINS' SCHOLARSHIP FUND MEMORIALIZES THE INTENSE COMMITMENT OF FOUNDING MEMBER, ALVARO MARTINS, A CORPORATE PIONEER NOTED FOR MENTORING BLACK AMERICAN LEADERS IN HIGHER EDUCATION AND CORPORATE AMERICA. ANNUALLY, STUDENTS WRITE ESSAYS THAT DISCUSS THE ROLE AND BENEFITS OF GOLF AND ITS CROSS-OVER INTO THE BUSINESS ARENA. ANN FUDGE SCHOLARSHIP FUND: THE ANN FUDGE SCHOLARSHIP FUND HONORS ELC MEMBER AND CORPORATE TRAILBLAZER ANN M. FUDGE, FORMER CHAIRMAN AND CHIEF EXECUTIVE OFFICER, YOUNG & RUBICAM BRANDS. 155138 70000 BUSINESS CASE COMPETITION 152161 60000 ESSAY COMPETITION 146120 CORPORATE BOARD INITIATIVE 137213 49450 WOMEN'S LEADERSHIP FORUM 123263 CEO SUMMIT 327812 150000 STRATEGIC CONSULTING/OTHER BOARD INITIATIVES 1041707 280000 49450 2548306 true true false false false false false false false false true false false false false true false true false false false false false false true false false true true true false false false false false false false false false false false false false true false false false true 35 0 true 0 false false false false false true true false false false false X 17 16 false false false false false true true true true false false true true true true true false false AL AK AZ AR CA CO CT DC FL GA HI IL KS KY LA ME MA MI MN MS NH NJ NM NY OH OK OR PA RI SC TN TX UT VA WA WV WI X BERYL H ISAAC 7037065279 1001 N FAIRFAX STREET STE 300 ALEXANDRIA VA 22314 MICHAEL C HYTER CHAIRMAN 5.0 0.0 X X 0 0 0 RHONDA R MIMS VICE CHAIRMAN 5.0 0.0 X X 0 0 0 EHRIKA C GLADDEN SECRETARY 5.0 0.0 X X 0 0 0 LLOYD W BROWN II TREASURER 5.0 0.0 X X 0 0 0 DIANE ASHLEY DIRECTOR 5.0 0.0 X 0 0 0 STEPHAINE BELL-ROSE DIRECTOR 5.0 0.0 X 0 0 0 JULIA BROWN DIRECTOR 5.0 0.0 X 0 0 0 BILLY DEXTER DIRECTOR 5.0 0.0 X 0 0 0 LYDIA G MALLETT DIRECTOR 5.0 0.0 X 0 0 0 A LOUIS PARKER DIRECTOR 5.0 0.0 X 0 0 0 LARRY QUILAN DIRECTOR 5.0 0.0 X 0 0 0 LYNTON SCOTLAND DIRECTOR 5.0 0.0 X 0 0 0 SHARON C TAYLOR DIRECTOR 5.0 0.0 X 0 0 0 JEFFREY WEBSTER DIRECTOR 5.0 0.0 X 0 0 0 LAYSHA WARD IMMEDIATE PAST CHAIR - EX OFFI 5.0 0.0 X 0 0 0 ORLANDO ASHFORD COUNCIL VICE CHAIR-EX OFFICIO 5.0 0.0 X 0 0 0 RONALD C PARKER PRESIDENT AND CEO 20.0 20.0 X X 0 574880 3888 BRICKSON DIAMOND CHIEF OPERATING OFFICER 20.0 20.0 X 0 331768 29076 BERYL H ISAAC DIRECTOR, ACCOUNTNG & FINANCE 20.0 20.0 X 0 237547 18749 CAMILLA MCGHEE DIRECTOR CORP COUNCIL SERVICES 20.0 20.0 X 0 225076 17914 STEVEN WILLIAMS DIR, INSTITUTE OF LEADERSHIP 20.0 20.0 X 0 147419 6904 MICHAEL DUTTON SENIOR COMMUNICATIONS MANAGER 20.0 20.0 X 0 125533 15537 ANTOINETTE RICE DIRECTOR OF COMMUNICATIONS 20.0 20.0 X 0 119188 10056 0 1761411 102124 0 false true false BLANK ROME LLP LOCKBOX 8586 PO BOX 8500 PHILADELPHIA PA 19178 LEGAL SERVICES 398043 1 4810388 893714 5704102 LEADERSHIP INSTITUTE 900099 667700 667700 MID-LEVEL MANAGERS SYMPOSIUM 900099 543076 543076 WOMEN'S LEADERSHIP FORUM 900099 49450 49450 RENTAL INCOME FROM AFFILIATE 531120 44436 44436 1304662 256945 256945 0 514 514 0 0 0 0 667263 4810388 2109881 -1442618 0 0 0 5823605 1304662 257459 150000 150000 229000 229000 0 0 1084575 297729 786846 0 348115 133762 214353 31076 31076 71383 71383 36698 36698 187839 161361 26478 224988 224988 56247 56247 0 0 111932 111932 26803 26803 0 136685 106966 29719 28494 3192 25302 0 59033 59033 247238 198325 48913 0 657938 612057 45881 0 0 183287 59394 123893 9779 9779 DUES, SUBSCRIPTIONS & DONATION 105936 77084 28852 PROGRAM MANAGEMENT 497586 497586 MEDIA EXPENSES 16390 13504 2886 ALL OTHER EXPENSES 23416 8346 15070 4524438 2548306 1976132 0 7701828 4965310 0 0 150000 0 239850 138575 0 0 0 0 0 0 0 0 36038 88241 3957023 1548879 2463114 2408144 8378626 13322141 0 0 0 0 0 0 139646 73389 19109102 20995800 1090710 1658488 0 0 89500 9000 0 0 0 0 0 0 0 0 0 0 0 0 1180210 1667488 X 17603892 19230812 325000 97500 0 0 17928892 19328312 19109102 20995800 1299167 100253 X false true X true false X 3824572 4953427 5780240 5325652 5704102 25587993 0 0 3824572 4953427 5780240 5325652 5704102 25587993 0 25587993 234046 230850 184754 178415 257459 1085524 0 21564 9808 698 172 0 32242 26705759 6000515 0.95815 0.95963 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3073242 1219954 1853288 430421 296605 133816 453360 32320 421040 2408144 0 0 X FORM 990, SCHEDULE D, PART X, LINE 2 MANAGEMENT ANALYZED THE TAX POSITIONS TAKEN BY ELC AND ELF AND CONCLUDED THAT AS OF DECEMBER 31, 2014, THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN OR ARE EXPECTED TO BE TAKEN. ACCORDINGLY, NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS HAVE BEEN ACCRUED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. GALA 5477650 4810387 667263 566763 100500 1442618 0 5477650 4810387 667263 566763 100500 1442618 2109881 -1442618 true NORTH CAROLINA CENTRAL UNIVERSITY 1801 FAYETTEVILLE STREET DURHAM NC 27707 566000730 170 150000 GENERAL SUPPORT 1 AL MARTINS' SCHOLARSHIP AWARD 7 49000 BUSINESS CASE COMPETITION SCHOLARSHIPS 12 70000 ESSAY COMPETITION 10 60000 ANN FUDGE SCHOLARSHIP 10 50000 FORM 990, SCHEDULE I, PART I, LINE 2 THE ORGANIZATION ESTABLISHED MILESTONES AGREED UPON WITH THE RECIPIENT PRIOR TO EXECUTING THE GRANT. MANAGEMENT OF BOTH ORGANIZATIONS MEET PERIODICALLY TO REVIEW HOW GRANT FUNDS WERE EXPENDED AND TO ENSURE THE FUNDS ARE BEING ACCOUNTED BASED ON GRANT GUIDELINES. false false false false false false false false false RONALD C PARKER PRESIDENT AND CEO 0 440000 0 132000 0 2880 0 0 0 3888 0 578768 0 0 BRICKSON DIAMOND CHIEF OPERATING OFFICER 0 291000 0 40768 0 0 0 20384 0 8692 0 360844 0 0 BERYL H ISAAC DIRECTOR, ACCOUNTNG & FINANCE 0 208000 0 29120 0 427 0 14560 0 4189 0 256296 0 0 CAMILLA MCGHEE DIRECTOR CORP COUNCIL SERVICES 0 197100 0 25623 0 2353 0 13797 0 4117 0 242990 0 0 STEVEN WILLIAMS DIR, INSTITUTE OF LEADERSHIP 0 116667 0 30000 0 752 0 4667 0 2237 0 154323 0 0 FORM 990, SCHEDULE J, PART I, LINE 3 THE PRESIDENT AND CEO IS PAID BY A RELATED ORGANIZATION WHO ESTABLISHES THE COMPENSATION. FORM 990, PART III, LINE 1 TO PROVIDE EDUCATIONAL AND ECONOMIC OPPORTUNITIES, MENTORING PROJECTS, AND PROGRAMS TO IDENTIFY, PREPARE AND ADVANCE THE NEXT GENERATION OF BLACK AMERICAN MANAGERS AND EXECUTIVES; TO ENRICH THE "PIPELINE" OF FUTURE BLACK AMERICAN BUSINESS LEADERS TO OPTIMIZE THEIR PRODUCTIVITY, GROWTH AND EVENTUAL CONTRIBUTION TO THE GOALS OF CORPORATE AMERICA THROUGH EDUCATION, MENTORING, EARLY IDENTIFICATION (PROGRAMS THAT TARGET HIGH SCHOOL STUDENTS), COMMUNITY ACTION, ROLE MODELING, AND TO ENGAGE IN SUCH OTHER ACTIVITIES AS MAY BE DESIRABLE OR REQUIRED TO ACCOMPLISH THE FOREGOING OBJECTS AND PURPOSES; TO ENGAGE BLACK AMERICAN CORPORATE OFFICERS WITH THOUGHTFUL INITIATIVE, DIRECTION, PROGRAMS AND EDUCATION TO ADDRESS ISSUES FACING BLACK AMERICANS IN CORPORATE AMERICA; AND TO ENCOURAGE EDUCATION REGARDING THE ECONOMIC EMPOWERMENT OF BLACK AMERICA. FORM 990, PART VI, LINE 7A THE BOARD OF THE EXECUTIVE LEADERSHIP COUNCIL (ELC) APPOINTS ELEVEN OF THE FOURTEEN BOARD MEMBERS OF THE EXECUTIVE LEADERSHIP FOUNDATION. THE THREE REMAINING MEMBERS CONSIST OF THE PRESIDENT OF THE FOUNDATION, THE IMMEDIATE PAST CHAIR OF THE FOUNDATION, AND THE CURRENT VICE CHAIR OF ELC. FORM 990, PART VI, LINE 7B THE ANNUAL OPERATING BUDGET OF THE FOUNDATION IS SUBJECT TO JOINT APPROVAL BY THE BOARD OF THE EXECUTIVE LEADERSHIP COUNCIL (ELC) AND THE BOARD OF THE EXECUTIVE LEADERSHIP FOUNDATION, ITSELF. ANY AMENDMENT, RESTATEMENT OR REPEAL OF THE FOUNDATION'S ARTICLES OF INCORPORATION OR BYLAWS ARE FIRST SUBMITTED TO THE BOARD OF ELC FOR APROVAL. FOLLOWING THE APPROVAL OF THE BOARD OF ELC, THE BOARD OF THE FOUNDATION VOTES WHETHER TO ADOPT THE AMENDMENT, RESTATEMENT OR REPEAL FORM 990, PART VI, LINE 11B UPON COMPLETION OF THE RETURN BY OUTSIDE TAX PREPARERS, THE FORM 990 IS FIRST REVIEWED BY MANAGEMENT AND IS THEN SUBMITTED TO THE AUDIT COMMITTEE WHO HAS THE DELEGATED RESPONSIBILITY OF REVIEWING THE RETURN PRIOR TO FILING BY THE BOARD OF DIRECTORS. AFTER THE AUDIT COMMITTEE REVIEWS AND IS IN AGREEMENT, THE RETURN IS FINALIZED AND SIGNED OFF BY THE OUTSIDE TAX PREPARERS AS WELL AS THE PRESIDENT & CEO OF THE FOUNDATION. PRIOR TO FILING, THE FULL AND COMPLETE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 12C ELF MONITORS ITS CONFLICT OF INTEREST POLICY BY REQUIRING ALL NEW BOARD MEMBERS TO IDENTIFY ANY CONFLICT THAT MAY ARISE WITH THEM SERVING ON THE BOARD OF DIRECTORS OF ELF. THEY ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM. THIS PROCESS IS REPEATED ANNUALLY WITH NEW AND CONTINUING MEMBERS. FORM 990, PART VI, LINE 15A & 15B THE PRESIDENT AND CEO, OTHER OFFICERS, AND KEY EMPLOYEES OF THE FOUNDATION ARE PAID BY A RELATED PARTY WHO ESTABLISHES THE COMPENSATION. FORM 990, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. EXECUTIVE LEADERSHIP COUNCIL INC 1001 N FAIRFAX ST STE 300 ALEXANDRIA VA 22314 521583401 SEE PART VII DC 501(c)(6) N/A NA false false false false false false false false false true false false false true true true true false false EXECUTIVE LEADERSHIP COUNCIL INC JNOPQ 531257 PER BOOKS FORM 990, SCHEDULE R, PART II, COLUMN (B) THE PRIMARY PURPOSE OF ELC IS TO PROVIDE BLACK EXECUTIVES WITH A PROFESSIONAL NETWORK, FORUM, AND PROGRAMS TO OFFER PERSPECTIVE AND DIRECTION ON ECONOMIC, BUSINESS, AND PUBLIC POLICY ISSUES.