VOLCKER ALLIANCE INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
VOLCKER ALLIANCE INC (EIN 45-4585989)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-07-16
IRS object ID
201541979349300514
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-07-16T10:00:10-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE HORWATH LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1225 West Wacker DriveAddressLine1Txt
Address Line2Suite 2600AddressLine2Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP606061224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454585989EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Volcker Alliance IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVOLCBusinessNameControlTxt
Phone6463430155PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1560 Lexington AveAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAnthony J DowdPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2015-07-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNICOLE BENCIKPreparerPersonNm
PTINP00756195PTIN
Phone3128997000PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Paul VolckerBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1560 Lexington AveAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,640,559GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.volckeralliance.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO ADDRESS THE CHALLENGE OF EFFECTIVE EXECUTION OF PUBLIC POLICIES AND TO REBUILD PUBLIC TRUST IN GOVERNMENT.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee16TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$15,169,584PYContributionsGrantsAmt
CY Contributions Grants$7,173,591CYContributionsGrantsAmt
PY Program Service Revenue$115,500PYProgramServiceRevenueAmt
CY Program Service Revenue$46,343CYProgramServiceRevenueAmt
PY Investment Income$4,780PYInvestmentIncomeAmt
CY Investment Income$420,625CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$15,289,864PYTotalRevenueAmt
CY Total Revenue$7,640,559CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$49,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$353,118PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,160,484CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$82,507CYTotalFundraisingExpenseAmt
PY Other Expenses$432,935PYOtherExpensesAmt
CY Other Expenses$677,409CYOtherExpensesAmt
PY Total Expenses$786,053PYTotalExpensesAmt
CY Total Expenses$1,886,893CYTotalExpensesAmt
PY Revenues Less Expenses$14,503,811PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,753,666CYRevenuesLessExpensesAmt
Total Assets BOY$14,878,094TotalAssetsBOYAmt
Total Assets EOY$21,235,365TotalAssetsEOYAmt
Total Liabilities BOY$35,138TotalLiabilitiesBOYAmt
Total Liabilities EOY$85,978TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$14,842,956NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$21,149,387NetAssetsOrFundBalancesEOYAmt
MissionTO ADDRESS THE CHALLENGE OF EFFECTIVE EXECUTION OF PUBLIC POLICIES AND TO REBUILD PUBLIC TRUST IN GOVERNMENT; TO CATALYZE NEW THINKING WITH RESPECT TO GOVERNANCE, AND ENCOURAGE EFFORTS OF INTERESTED INSTITUTIONS TO PROVIDE RELEVANT EDUCATION AND TRAINING FOR PUBLIC SERVICE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,491,028ExpenseAmt
Grant$49,000GrantAmt
Revenue$46,343RevenueAmt
DescThe Volcker Alliance pursues a three-pronged programmatic strategy: problem-solving projects, ongoing programs, and change-driving networks. Our progress in each of those areas is described in greater detail below. The three largest program service areas in 2014, as measured by expenses, were our problem-solving projects on financial regulatory reform and truth in state budgeting, and our ongoing program focusing on performance, impact, and innovation. Problem-solving projects The Alliance encourages reform and improved practices to address specific systemic or structure problems that impede progress on governmental policy goals. The Alliance's first two major problem-solving projects address structural reform of the federal financial regulatory system and truth and integrity in state budgeting. Financial Regulatory Reform. In 2014, the Alliance conducted a comprehensive study and drafted a report and recommendations for release in 2015. The report spans oversight and surveillance, supervision and regulation, and market integrity and investor protection. The Alliance makes the case that a thoughtfully reconfigured regulatory system is a necessary step toward effective regulation and the long-term stability of the financial system. To gain momentum for the project as well as to seek input from various stakeholders, the Alliance conducted several colloquia, held meetings with key stakeholders, and sponsored a public event focused on the project. The panelists agreed for the most part that the current regulatory structure was flawed, each panelist offered a different perspective on possible solutions for reform. The recommendations to be contained in the report required significant study and analysis. In developing the analytical foundation for the recommendations, the Volcker Alliance: Conducted the most comprehensive study to date of historic proposals to restructure the regulatory framework, spanning more than 100 years of such reform efforts; Evaluated the strengths and weaknesses of the regulatory structures of key foreign jurisdictions, including Australia, Canada, France, Germany, Japan and the United Kingdom; Assessed the flaws in the current structure of regulation of banking, insurance, securities, derivatives, and shadow banking; Conducted discussions with former and current regulators, academics, trade associations, consumer advocacy groups, financial institutions, and members of Congress; Held various informal colloquia and public programs on issues of relevance to regulatory restructuring; and Analyzed existing works, including studies, white papers, treatises, memoirs, and other research memoranda from a wide range of sources, including the Treasury Department, the Federal Reserve Board, the Financial Crisis Inquiry Commission, the Government Accountability Office, the International Monetary Fund, the Financial Stability Board, and academic institutions and not-for-profit organizations. Truth and Integrity in State Budgeting. The Alliance's State and Local Program is conducting an initial study, to release in June 2015, of the state budgets of California, New Jersey, and Virginia. Removing Barriers to Federal Hiring. A third problem-solving project, removing barriers to federal hiring, was undertaken as a precursor to the Alliance's larger effort to strengthen public service and, particularly, the graduates schools preparing people for public service. The Alliance worked with the Partnership for Public Service and the Robertson Foundation for Government to release a toolkit clarifying widespread misperceptions about federal internships and recent graduate hiring. Ongoing Programs In 2014, the Alliance conducted research and began exploratory projects to formulate long-term strategies for these program areas. In the first area, the Alliance is examining what and how to deliver education for great public service, align research to advance the quality of practice, and remove barriers that make it hard for the young and most talented to enter government service. In the second, the Alliance documented best practices in Massachusetts and Maryland, and partnered on a "Moneyball for Government" event with Results for America and the Brookings Institution. The event featured a roundtable discussion about two "Investing in What Works" papers sponsored by the Alliance, one on education and one on Head Start. Both papers take the crucial and long overdue step of urging program evaluators to ask not just what works but, equally important, what works better. Change-Driving Networks The Alliance is creating and energizing networks of change agents to increase attention and action to improve the administrative excellence of government. In 2014, the Alliance funded a project led by the Professional Development League, a non-profit affiliate of the Senior Executives Association, to establish and maintain an advisory network of the highly accomplished career federal executives who have been awarded the coveted Presidential Rank Award of Distinguished Executive. This Distinguished Executives Advisory Network will provide researchers and policy-makers with a network of experienced, respected senior federal government officials willing to serve as a sounding board for proposed management reforms and be surveyed about public management issues, such as research and education needs.Desc
Total Program Service Expenses$1,491,028TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee16EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Amy SmithermanBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6463430155PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1560 Lexington Ave Ste 16BAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
PAUL A VOLCKER
CHAIR20.00Yes (X)Yes (X)$0$0$0
ANTHONY DOWD
SECRETARY AND TREASURER16.00Yes (X)Yes (X)$0$0$0
MICHAEL BRADFIELD
GENERAL COUNSEL2.50Yes (X)Yes (X)$0$0$0
RICHARD RAVITCH
BOARD MEMBER1.00Yes (X)$0$0$0
SHEILA BAIR
BOARD MEMBER0.50Yes (X)$0$0$0
CHARLES ARTHUR BOWSHER
BOARD MEMBER0.50Yes (X)$0$0$0
WILLIAM WARREN BRADLEY
BOARD MEMBER0.50Yes (X)$0$0$0
THOMAS M DAVIS
BOARD MEMBER0.50Yes (X)$0$0$0
WILLIAM H DONALDSON
BOARD MEMBER0.50Yes (X)$0$0$0
SHIRLEY CLARKE FRANKLIN
BOARD MEMBER0.50Yes (X)$0$0$0
FRANCIS FUKUYAMA
BOARD MEMBER0.50Yes (X)$0$0$0
NORMAN J ORNSTEIN
BOARD MEMBER0.50Yes (X)$0$0$0
ALICE RIVLIN
BOARD MEMBER0.50Yes (X)$0$0$0
DONNA SHALALA
BOARD MEMBER0.50Yes (X)$0$0$0
ANTHONY WALTON
BOARD MEMBER0.50Yes (X)$0$0$0
SHELLEY METZENBAUM
PRESIDENT40.00Yes (X)$274,215$0$6,633
EMILY BOLTON
CHIEF OF STAFF40.00$117,091$0$8,3720.00Yes (X)
WILLIAM GLASGALL
PROGRAM AND EDITORIAL DIRECTOR, STATE & LOCAL40.00$180,788$0$7,7020.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$572,094TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$22,707TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$7,173,591AllOtherContributionsAmt
Total Contributions$7,173,591TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SPEAKER FEES611430$45,000$45,000
conferences611430$1,343$1,343

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$46,343TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$420,625TotalRevenueColumnAmt
Exclusion$420,625ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$0OtherAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,640,559TotalRevenueColumnAmt
Related Or Exempt Func Income$46,343RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$420,625ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$49,000TotalAmt
Program Services$49,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$280,848TotalAmt
Program Services$210,638ProgramServicesAmt
Management And General$28,085ManagementAndGeneralAmt
Fundraising$42,125FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$730,007TotalAmt
Program Services$693,258ProgramServicesAmt
Management And General$22,050ManagementAndGeneralAmt
Fundraising$14,699FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$15,812TotalAmt
Program Services$14,392ProgramServicesAmt
Management And General$969ManagementAndGeneralAmt
Fundraising$451FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$66,133TotalAmt
Program Services$57,505ProgramServicesAmt
Management And General$5,056ManagementAndGeneralAmt
Fundraising$3,572FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$67,684TotalAmt
Program Services$58,208ProgramServicesAmt
Management And General$5,415ManagementAndGeneralAmt
Fundraising$4,061FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$27,240TotalAmt
Management And General$27,240ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$70,413TotalAmt
Management And General$70,413ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$49,621TotalAmt
Management And General$49,621ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$215,394TotalAmt
Program Services$135,127ProgramServicesAmt
Management And General$80,267ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$69,201TotalAmt
Program Services$59,513ProgramServicesAmt
Management And General$5,536ManagementAndGeneralAmt
Fundraising$4,152FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,783TotalAmt
Program Services$6,693ProgramServicesAmt
Management And General$623ManagementAndGeneralAmt
Fundraising$467FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$130,437TotalAmt
Program Services$112,176ProgramServicesAmt
Management And General$10,435ManagementAndGeneralAmt
Fundraising$7,826FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$49,319TotalAmt
Program Services$42,415ProgramServicesAmt
Management And General$3,945ManagementAndGeneralAmt
Fundraising$2,959FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$20,129TotalAmt
Program Services$20,129ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,568TotalAmt
Program Services$1,349ProgramServicesAmt
Management And General$125ManagementAndGeneralAmt
Fundraising$94FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,023TotalAmt
Program Services$8,620ProgramServicesAmt
Management And General$802ManagementAndGeneralAmt
Fundraising$601FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
RECRUITING$15,004$12,904$1,200$900
SPECIAL EVENTS$8,007$6,886$641$480
STAFF DEVELOPMENT$1,470$1,264$118$88
BANK FEES$529$455$42$32

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,271TotalAmt
Program Services$496ProgramServicesAmt
Management And General$775ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,886,893TotalAmt
Program Services$1,491,028ProgramServicesAmt
Management And General$313,358ManagementAndGeneralAmt
Fundraising$82,507FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$14,868,594BOYAmt
EOY$690,066EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$679,321EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$23,442EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$10,354LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,568LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$8,786EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$19,753,923EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$9,500BOYAmt
EOY$79,827EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,878,094BOYAmt
EOY$21,235,365EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$35,138BOYAmt
EOY$85,978EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$35,138BOYAmt
EOY$85,978EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,842,956BOYAmt
EOY$21,149,387EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,842,956BOYAmt
EOY$21,149,387EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,878,094BOYAmt
EOY$21,235,365EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$5,753,666ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$552,765NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$500,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,169,584CurrentTaxYearMinus1YearAmt
Current Tax Year$7,173,591CurrentTaxYearAmt
Total$22,843,175TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$500,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,169,584CurrentTaxYearMinus1YearAmt
Current Tax Year$7,173,591CurrentTaxYearAmt
Total$22,843,175TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$14,069,257SubstantialContributorsTotAmt
Public Support Total170$8,773,918PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$4,780CurrentTaxYearMinus1YearAmt
Current Tax Year$420,625CurrentTaxYearAmt
Total$425,405TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$23,268,580TotalSupportAmt
Gross Receipts Rltd Activities$161,843GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,354OtherCostOrOtherBasisAmt
Depreciation$1,568DepreciationAmt
Book Value$8,786BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$8,786TotalBookValueLandBuildingsAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$8,383,703TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$552,765NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$240,000DonatedServicesAndUseFcltsAmt
Other Revenue$0OtherRevenueAmt
Revenue Not Reported$792,765RevenueNotReportedAmt
Revenue Subtotal$7,590,938RevenueSubtotalAmt
Investment Expenses Not Incld$49,621InvestmentExpensesNotIncldAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$49,621RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,640,559TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,077,272TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$240,000DonatedServicesUseFcltsAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$240,000ExpensesNotReportedAmt
Expenses Subtotal$1,837,272ExpensesSubtotalAmt
Investment Expenses Not Incld2$49,621InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$49,621ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,886,893TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteFormAndLineReferenceDesc
ExplanationTHE ALLIANCE IS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS A PUBLIC CHARITY UNDER 509(A)(1) AND SECTION 170(B) (1)(A)(VI). THE ALLIANCE HAS ADOPTED ACCOUNTING GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE REQUIRES THE ALLIANCE TO RECOGNIZE A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH AN EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT IS RECORDED. THE ALLIANCE HAS EXAMINED THIS ISSUE AND HAS DETERMINED THERE ARE NO MATERIAL CONTINGENT LIABILITIES OR QUESTIONABLE TAX POSITIONS. THE ALLIANCE DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE ALLIANCE RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE ALLIANCE DID NOT HAVE ANY AMOUNT ACCRUED FOR INTEREST AND PENALTIES AT DECEMBER 31, 2014 OR 2013.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
Partnership for Public Service Inc
1100 New york Avenue NWNO 200EWashingtonDC20005061540513501(c)(3)$34,000$0research assistance
SENIORS EXECUTIVE ASSOCIATION
77 K STREET NENO 2600WASHINGTONDC20002521191891501(C)(3)$15,000$0RESEARCH ASSISTANCE
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule I, Part I, Line 2 Description Of Procedure For Monitoring Use Of Grant FundsParties agree upon set goals ahead of time. Milestones are established and must be met and reviewed in order to have the funds by Volcker Alliance.
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.Parties agree upon set goals ahead of time. Milestones are established and must be met and reviewed in order to have the funds by Volcker Alliance.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
SHELLEY METZENBAUM
PRESIDENT$274,215$0$0$0$0$0$3,702$0$2,931$0$280,848$0$0$0
WILLIAM GLASGALL
PROGRAM AND EDITORIAL DIRECTOR, STATE & LOCAL$180,788$0$0$0$0$0$4,846$0$2,856$0$188,490$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 15a DETERMINATION OF COMPENSATION FOR TOP MANAGEMENT OFFICIALTHE ALLIANCE UTILIZED THE SERVICES OF A PROFESSIONAL EXECUTIVE SEARCH FIRM TO LOCATE THE CURRENT PRESIDENT. SALARY BENCHMARKING WAS PERFORMED BY THE EXECUTIVE SEARCH FIRM, BUT THE FINAL DETERMINATION AS TO THE PRESIDENT'S TOTAL COMPENSATION PACKAGE (INCLUSIVE OF SALARY AND BENEFITS) WAS DETERMINED AND APPROVED BY THE COMPENSATION COMMITTEE IN AGREEMENT WITH THE BOARD OF DIRECTORS. THE TERMS OF THE PRESIDENT'S COMPENSATION PACKAGE WERE MEMORIALIZED IN A WRITTEN EMPLOYMENT CONTRACT UPON HIRING. THERE WAS NO FORMAL REVIEW OF THE PRESIDENT'S COMPENSATION FOR THE 2014 YEAR, AS IT WAS COVERED IN HER ORIGINAL CONTRACT.
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsPAUL VOLCKER AND ANTHONY DOWD - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing bodyTHE FORM 990 WAS PREPARED BY A NATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. A COPY OF THE DRAFT FORM 990 WAS CIRCULATED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR DISCUSSION AND COMMENT. EACH DIRECTOR WAS PROVIDED AN OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE.
Form 990, Part VI, Line 12c Conflict of interest policyTHIS CONFLICTS OF INTEREST POLICY REQUIRES ALL BOARD OF DIRECTORS MEMBERS, OFFICERS AND KEY EMPLOYEES TO ANNUALLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST WITH THE ORGANIZATION THROUGH A QUESTIONNAIRE. THESE QUESTIONNAIRES ARE MONITORED ANNUALLY AND ANY POTENTIAL CONFLICTS ARE IMMEDIATELY ADDRESSED BY THE ORGANIZATION. THE CURRENT YEAR QUESTIONNAIRES HAVE NOT REVEALED ANY CONFLICTS THAT REQUIRED ACTION BY THE ALLIANCE.
Form 990, Part VI, Line 19 Required documents available to the publicTHE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION.
Form 990, Part IX, Line 11g Other FeesPROGRAM CONSULTANTS - Total Expense: 132075, Program Service Expense: 132075, Management and General Expenses: , Fundraising Expenses: ; COMMUNICATIONS & PUBLIC RELATIONS - Total Expense: 79497, Program Service Expense: , Management and General Expenses: 79497, Fundraising Expenses: ; HUMAN RESOURCES - Total Expense: 770, Program Service Expense: , Management and General Expenses: 770, Fundraising Expenses: ; OTHER PROFESSIONAL SERVICES - Total Expense: 3052, Program Service Expense: 3052, Management and General Expenses: , Fundraising Expenses: ;

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