2014-05-13T18:15:50-05:00 2013-12-31 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2013-01-01 521081024 INDEPENDENT SECTOR INDE 2024676100 1602 L STREET NW NO 900 WASHINGTON DC 20036 DIANA AVIV PRESIDENT & CEO 2024676100 2014-05-13 1 WILLIAM E TURCO CPA P00369217 3012963600 2013 2015-11-30 17:44:51Z DIANA AVIV 1602 L STREET NW NO 900 WASHINGTON DC 20036 24307678 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. 23 23 78 275 20600 -39947 13098977 6421656 608795 823833 43457 115264 105699 97839 13856928 7458592 0 0 0 0 4534241 4549526 0 0 701688 3232729 3670410 7766970 8219936 6089958 -761344 47208333 45447956 15956019 15030037 31252314 30417919 X TO ADVANCE THE COMMON GOOD BY LEADING, STRENGTHENING, AND MOBILIZING THE NONPROFIT AND PHILANTHROPIC COMMUNITY. 0 0 2157233 728826 NATIONAL CONFERENCE:THE IS NATIONAL CONFERENCE PROVIDES THE PREMIER MEETING GROUND FOR LEADERS FROM THE NONPROFIT 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 NATION AND THE WORLD. IN SEPTEMBER 2013, OVER 1200 PEOPLE (INCLUDING OVER 300 ON SCHOLARSHIP) REGISTERED FOR OUR ANNUAL CONFERENCE FEATURING INTERACTIVE SESSIONS INFUSED WITH THE ARTS IN NEW YORK CITY. ABOUT 325 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 BUILD LASTING SOLUTIONS TO CURRENT CONDITIONS AND CREATE BRIGHTER FUTURES FOR ORGANIZATIONS AND THE PEOPLE THEY SERVE. IN ADDITION, THE CONFERENCE INTRODUCED A C-SUITE TRACK FOR PROFESSIONALS DIRECTLY REPORTING TO THE CEO AND SPECIAL SESSIONS TARGETED AT CEOS OR EXECUTIVE DIRECTORS WHO MADE UP 34% OF CONFERENCE REGISTRANTS. 1299541 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 ORGANIZATIONS TO SERVE THEIR COMMUNITIES. KEY ACHIEVEMENTS IN 2013 INCLUDED SERVING AS A RESOURCE TO LAWMAKERS AND THEIR STAFF IN BOTH CHAMBERS TO PROTECT CHARITABLE GIVING INCENTIVES AND ADVOCATE FOR KEY SECTOR-WIDE ISSUES, INCLUDING PRESIDENT AND CEO DIANA AVIV TESTIFYING BEFORE THE HOUSE WAYS AND MEANS COMMITTEE ON THE BENEFITS OF THE CHARITABLE DEDUCTION, CIRCULATING AND DISTRIBUTING A LETTER TO THE SENATE SIGNED BY 1,245 NONPROFITS EXPRESSING THEIR SUPPORT FOR THE DEDUCTION, WORKING ON THE SUCCESSFUL REINTRODUCTION OF SENATE LEGISLATION TO REINSTATE AND ENHANCE THE IRA CHARITABLE ROLLOVER PROVISION, AND PLAYING A LEADING ROLE IN AN IMMEDIATE SECTOR-WIDE RESPONSE TO THE IRS RULEMAKING FOR POLITICAL ACTIVITY OF EXEMPT ORGANIZATIONS. INDEPENDENT SECTOR 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 ANNUAL CONFERENCE, OUR DAILY EMAIL HIGHLIGHTING KEY POLICY DEVELOPMENTS; MONTHLY STRATEGY MEETINGS WITH CHARITABLE COMMUNITY POLICY LEADERS; MONTHLY LEGISLATIVE UPDATES BY TELECONFERENCE; 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. 954406 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 DRAW ON OUR MEMBERSHIP TO INFORM POLICY POSITIONS AND AMPLIFY THE VOICE OF THE CHARITABLE COMMUNITY TO THE ADMINISTRATION AND LEGISLATORS, TO BUILD NONPROFIT MANAGEMENT PRACTICE TOOLS AND TECHNIQUES AND TO PROMOTE GOOD GOVERNANCE STANDARDS. MEMBERS ARE ENGAGED THROUGH COMMITTEES, ROUNDTABLES, AND AT OUR ANNUAL CONFERENCE WHERE THEY BRING THEIR THOUGHT LEADERSHIP AND ADVANCE PRACTICE EXPERTISE. WE ACCOMPLISH OUR WORK THROUGH AND WITH OUR MEMBERSHIP. 771129 2413 PROGRAMS AND PRACTICE (P&P):INDEPENDENT SECTOR HAS CONTINUED TO SUPPORT OUR MEMBERS AND OTHER PUBLIC CHARITIES AND FOUNDATIONS TO LEAD AND MANAGE. IN 2013, P&P FOCUSED ON LEADERSHIP THROUGH TWO DISTINCT PROGRAMS - ONE WELL-ESTABLISHED, AND ONE NEW. FIRST, P&P BROADENED THE REACH AND EFFECTIVENESS OF NGEN: MOVING NONPROFIT LEADERS FROM NEXT TO NOW, OUR LEADERSHIP DEVELOPMENT PROGRAM GEARED TOWARDS NONPROFIT LEADERS 40 AND UNDER. WE CONTINUED OUR NGEN FELLOWS PROGRAM, NGEN AWARD PROGRAM, AND BEGAN AN NGEN FELLOWS' ALUMNI PROGRAM. IN THIS FIFTH YEAR OF NGEN, WE ALSO CONDUCTED AN EVALUATION OF THE FELLOWS PROGRAM AND OF THE PRE-CONFERENCES TO INFORM PROGRAMMING MOVING FORWARD. IN ADDITION, WE CONDUCTED A SERIES OF FOUR NGEN WEBINARS, A WELL-ATTENDED PRE-CONFERENCE IN NEW YORK, AND REVISED THE STRUCTURE OF THE NGEN FELLOWS PROGRAM BASED ON EVALUATION DATA AND OTHER FEEDBACK. SECOND, P&P LAUNCHED A NEW LEADERSHIP PROGRAM AT THE 2013 NATIONAL CONFERENCE FOCUSED ON THE C SUITE - THOSE SENIOR LEADERS WHO REPORT TO THE CEO. WE OFFERED A C- SUITE TRACK OF CONFERENCE SESSIONS, AND SURVEYED PARTICIPANTS TO GAUGE THEIR INTEREST IN FUTURE PROGRAMMING FOR THIS GROUP. P&P ALSO CONTINUES TO PLAY A LEADERSHIP ROLE IN EDUCATING THE SECTOR ABOUT RELEVANT CROSS-CUTTING ISSUES, AND DID SO THIS WAY IN THREE WAYS. FIRST, WE CONTINUED OUR PARTNERSHIP WITH TIAA CREF INSTITUTE, OFFERING A WEBINAR TO SHARE WITH THE SECTOR THE RESEARCH STUDY ON FINANCIAL SECURITY RELEASED IN 2012. SECOND, WE CONTINUED TO HOST AND UPDATE THE RESOURCE CENTER FOR GOOD GOVERNANCE AND ETHICAL PRACTICE, LAUNCHED IN 2011. THIRD, P&P CHANGED OUR ROLE REGARDING THE "CHARTING IMPACT" INITIATIVE. THIS TOOL HELPS PUBLIC CHARITIES AND FOUNDATIONS DEFINE THEIR IMPACT AND MORE CLEARLY ARTICULATE HOW THEIR PROGRAMS SERVE SOCIETY THOUGH A COMMON FORMAT OF FIVE QUESTIONS. GIVEN LOW ADOPTION RATES FOR CHARTING IMPACT THROUGH 2012, THE THREE ORIGINAL PARTNER ORGANIZATIONS, INDEPENDENT SECTOR, BBB WISE GIVING ALLIANCE AND GUIDESTAR USA AGREED TO INCORPORATE CHARTING IMPACT INTO THE NEW GUIDESTAR EXCHANGE PROGRAM, MAKING IT THE REQUIREMENT FOR AN ORGANIZATION TO ACHIEVE THE 'GOLD STATUS' ON THE GUIDESTAR EXCHANGE. THE INCREASE IN UTILIZATION OF THE TOOL HAS BEEN SIGNIFICANT. P&P CONTINUES TO HOST AN ONLINE RESOURCE CENTER TO SUPPORT CHARTING IMPACT IMPLEMENTATION. 550696 COMMUNICATIONS:WE EMPLOY A VARIETY OF STRATEGIES AND METHODS TO INCREASE AWARENESS AND UNDERSTANDING OF THE VALUE OF THE CHARITABLE COMMUNITY BY THE MEDIA, ELECTED OFFICIALS, THE PUBLIC, AND STAFF AT PUBLIC CHARITIES AND FOUNDATIONS. IS HAS GARNERED SIGNIFICANT NEWS COVERAGE IN NATIONAL OUTLETS SUCH AS CBS NEWS, CNBC, NPR, THE NEW YORK TIMES, THE WALL STREET JOURNAL, THE WASHINGTON POST, AND HUFFINGTON POST, AS WELL AS IN TRADE PUBLICATIONS SUCH AS THE CHRONICLE OF PHILANTHROPY, THE NONPROFIT TIMES, AND TAX ANALYSTS. MEDIA REPRESENTATIVES LOOK TO IS FREQUENTLY DURING THE YEAR 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.IS CONTINUES TO IMPROVE OUTREACH TO OUR MEMBERS AND OTHER PARTS OF THE CHARITABLE AND PHILANTHROPIC COMMUNITY AND OUR CEO WAS FEATURED AT 23 HIGH-VISIBILITY SPEAKING ENGAGEMENTS IN 2013. WE ARE CONTINUALLY UPGRADING THE USER EXPERIENCE ON OUR WEBSITE AND ACCESSIBILITY OF EXISTING MATERIALS, INTERACTIVE FEATURES, AND A ROBUST SUB-SITE FOR OUR PRINCIPLES OF GOOD GOVERNANCE AND ETHICAL PRACTICE. WE CREATE TOOLKITS, TALKING POINTS, AND ONLINE MAPS THAT HELP OUR MEMBERS COMMUNICATE THEIR OWN VALUE AS WELL AS WORK TOGETHER ON OUR SHARED MISSION OF IMPROVING THE COMMON GOOD. WE CONTINUE TO PROMOTE AND SHARE KEY ELEMENTS OF OUR MAJOR RESEARCH STUDY ON NONPROFIT ADVOCACY (BEYOND THE CAUSE: THE ART AND SCIENCE OF ADVOCACY). WE CONTINUE TO EXPAND AND REFINE OUR SOCIAL MEDIA STRATEGY THROUGH FACEBOOK, TWITTER AND LINKEDIN TO BETTER ENGAGE WITH OUR MEMBERS ON OUR PROGRAM WORK AND KEY POLICY WORK, AS WELL AS COMMUNICATE THE VALUE OF THE SECTOR. IN 2014 WE ARE ALSO PILOTING ONLINE COMMUNITIES IN PROGRAMS AND POLICY, C-SUITE AND NGEN LEADERS. WE PUBLISH DAILY POLICY AND MEDIA DIGESTS AND EMAIL TO BETWEEN 5000 AND 8000 INDIVIDUALS AT MEMBER ORGANIZATIONS, SEND TIMELY ALERTS ON KEY POLICY ISSUES, AND PRODUCE A MONTHLY MEMBER NEWSLETTER, IS CONNECTS. 694147 LEADERSHIP FOR THE FUTURE:GROUNDED IN OUR CURRENT STRATEGIC PLAN, 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 CONTINUED TO ENGAGE THE CHARITABLE AND PHILANTHROPIC COMMUNITY CONSISTENT WITH THIS VISION. THIS WORK ENTAILS AN ONGOING EFFORT 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 2013, IS AGAIN 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 2013, THE PLANNING AND LEARNING DEPARTMENT, IN PARTICULAR, CONTINUED TO SUPPORT THE BOARD OF DIRECTORS' STRATEGIC LEADERSHIP AND OVERSIGHT OF THE ORGANIZATION. IS'S OVERALL EFFORTS TO EXECUTE ON ITS STRATEGIC PLAN AND TO MONITOR PERFORMANCE THEREUNDER, AND TO PROVIDE RESEARCH AND ANALYSIS OF SECTOR-RELATED ISSUES AND TRENDS, WERE ALSO IMPORTANT UNDERTAKINGS. ALSO DURING 2013, IS BEGAN TO LAY THE GROUNDWORK FOR A STRATEGIC VISIONING AND PLANNING INITIATIVE THAT WILL BE CARRIED FORWARD IN 2014. 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, IS DETERMINED THAT IT IS IMPERATIVE THAT IT TAKE UP THE OPPORTUNITY TO LOOK TO THE FUTURE, IDENTIFY LONG-RANGE GOALS, AND MAP OUT POTENTIAL STRATEGIES THAT CAN HELP MOVE THE SECTOR FORWARD. IS SOLICITED AN INITIAL ROUND OF FEEDBACK FROM STAKEHOLDERS REGARDING THE FUTURE OF THE SECTOR, AND ITS ROLE IN RELATION THERETO, DURING THE 2013 NATIONAL CONFERENCE, ANNUAL BUSINESS MEETING, AND VIA OTHER OUTREACH, AND WILL CONTINUE TO ENGAGE SECTOR LEADERS IN THIS IMPORTANT CONVERSATION AS THIS INITIATIVE MOVES AHEAD.THROUGH EXECUTION OF THE JOHN W. GARDNER LEADERSHIP AWARD PROGRAM, AND SUPPORT OF THE RELATED SELECTION COMMITTEE, THE PLANNING AND LEARNING TEAM CONTINUED TO SUPPORT IS'S COMMITMENT TO IDENTIFYING AND ACKNOWLEDGING OUTSTANDING SECTOR LEADERSHIP. THROUGH RECOGNITION IN 2013 OF CONNIE RICE, CO-DIRECTOR OF THE ADVANCEMENT PROJECT, IS ONCE AGAIN IDENTIFIED AN EXCEPTIONAL 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. 2015972 2413 6427152 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 11 0 1 78 1 1 1 0 0 0 0 0 0 0 0 0 X 23 23 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 TERRI O'BRIEN 2024676100 1602 L STREET NW NO 900 WASHINGTON DC 20036 STEPHEN B HEINTZ CHAIR 5.00 X X 0 0 0 RALPH B EVERETT VICE CHAIR 5.00 X X 0 0 0 KELVIN H TAKETA SECRETARY, TREASURER 5.00 X X 0 0 0 LORIE A SLUTSKY TREASURER, SECRETARY 5.00 X X 0 0 0 IRENE HIRANO DIRECTOR 2.00 X 0 0 0 ELLEN S ALBERDING DIRECTOR 2.00 X 0 0 0 BARBARA R ARNWINE DIRECTOR 2.00 X 0 0 0 SUSAN V BERRESFORD 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 STEVEN J MCCORMICK 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 NEIL NICOLL 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 REV LARRY SNYDER DIRECTOR 2.00 X 0 0 0 ROBERT SURO DIRECTOR 2.00 X 0 0 0 RICHARD B WILLIAMS 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 486997 0 193075 TERRI O'BRIEN SVP FINANCE/CFO 50.00 X 186579 0 21684 MICHAEL GOFF SVP/CDO 50.00 X 171063 0 18713 CLAIRE WELLINGTON SVP, PLANNING & LEARNING 50.00 X 169999 0 30550 AMANDA BROUN VP, PROGRAMS & PRACTICE 50.00 X 123760 0 13606 GEOFFREY PLAGUE VP, PUBLIC POLICY 50.00 X 150820 0 18318 CYNTHIA ADCOCK VP, COMMUNICATIONS & MARKETING 50.00 X 123804 0 1501 NADINE JALANDONI VP, RESEARCH 50.00 X 123026 0 22620 CAROLYN MOLLEN CONTROLLER 50.00 X 119877 0 5568 1655925 0 325635 12 0 1 0 HILTON NEW YORK 1335 SIXTH AVENUE NEW YORK NY 10019 MEETING SERVICES 410533 OFFICE IT SOLUTIONS 3509 CONNECTICUT AVE NW 705 WASHINGTON DC 20008 TECHNOLOGY SERVICES 325843 TRUETANDEM 11911 FREEDON DR SUITE 590 RESTON VA 20190 SOFTWARE 245290 WASHINGTON COUNCIL E & Y 1001 PENNSYLVANIA AVE NW 601 WASHINGTON DC 20004 CONSULTING 210000 O'KEEF COMMUNICATIONS INC 4301 CONNECTICUT AVE NW 200 WASHINGTON DC 20008 COMMUNICATION 140488 8 2754300 3667356 6421656 CONFERENCE FEES 900004 821420 728826 92594 PUBLICATION SALES 900099 2413 2413 823833 36498 36498 1552298 1598905 -46607 -46607 -21803 -24804 15328947 15250181 78766 78766 78766 SUBLEASE INCOME 900099 102043 102043 PARKING SERVICES 812930 42403 42403 144446 7458592 731239 20600 285097 X 1153548 676004 364632 112912 3005502 1761288 950028 294186 106329 62311 33610 10408 28258 16560 8932 2766 255889 149956 80886 25047 14996 14996 30335 30335 11271 11271 1052272 609841 425948 16483 5779 5779 252227 130623 118380 3224 62294 31147 31147 1107452 643645 381542 82265 183029 175199 7735 95 756765 724390 31982 393 173488 5768 167720 20502 20502 ALLOCATED OVERHEAD 0 1434641 -1588550 153909 8219936 6427152 1091096 701688 840371 1577487 8714174 3073186 3621967 1370016 86673 61999 19708 45652 36516614 6027755 31142345 30488859 955059 7196927 1828036 1633830 47208333 45447956 562277 756889 141120 1640 14900000 13822812 352622 448696 15956019 15030037 X 26042336 27489189 5209978 2928730 31252314 30417919 47208333 45447956 -761344 -73051 0 X 0 1 X 1 0 X 8015098 7867471 9946525 13098977 6535206 45463277 8015098 7867471 9946525 13098977 6535206 45463277 11244595 34218682 257346 463840 689251 720583 964742 3095762 120000 120000 48679039 3035066 0.70290 0.72290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7966 7966 8365393 8373359 568668 142167 0 0 465287 631876 538349 568668 2204180 3306270 61464 51251 12695 7966 133376 116322 157969 134587 142167 551045 826568 15366 7688 1311 24365 5000000 2500000 2500000 5000000 5000000 5000000 5000000 5000000 5000000 5000000 5000000 1.00000 0 0 5391820 5391820 26728691 3953619 22775072 2552213 709460 1842753 1843890 1364676 479214 30488859 DEFERRED COMPENSATION PLAN 244494 DEPOSITS HELD IN ESCROW 176830 DEFERRED RENT 27372 448696 X 9055593 -73051 113550 40499 9015094 -1556502 -1556502 7458592 9889988 113550 1556502 1670052 8219936 0 8219936 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, 2013, BOARD DESIGNATED NET ASSETS INCLUDED $500,000 IN THE SHORT TERM BUILDING OPERATING FUND AND $2 MILLION 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, 2013, 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, 2013. 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 2010. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B -1,598,905. PARKING SERVICE REVENUE REPORTED ON LINE 11 42,403. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B 1,598,905. PARKING SERVICE REVENUE REPORTED ON LINE 11 -42,403. X X X X X 0 1 0 0 0 0 0 1 0 DIANA AVIV PRESIDENT/CEO 485809 0 0 0 1188 0 191500 0 17622 0 696119 0 0 0 TERRI O'BRIEN SVP FINANCE/CFO 181165 0 5000 0 414 0 17500 0 5791 0 209870 0 0 0 MICHAEL GOFF SVP/CDO 169891 0 0 0 1172 0 13053 0 9046 0 193162 0 0 0 CLAIRE WELLINGTON SVP, PLANNING & LEARNING 169225 0 0 0 774 0 17500 0 15898 0 203397 0 0 0 GEOFFREY PLAGUE VP, PUBLIC POLICY 149140 0 1500 0 180 0 13250 0 5822 0 169892 0 0 0 PART I, LINE 4B DIANA AVIV, PRESIDENT & CEO, PARTICIPATED IN RETENTION AND SABBATICAL PLANS IN THE AMOUNTS OF $90,000 AND $59,000, RESPECTIVELY. PART I, LINE 7 BONUSES LISTED ON SCHEDULE J, PART II, COLUMN B(II) ARE BASED ON MERIT AND PERFORMANCE. A DISTRICT OF COLUMBIA 566001131 2013-06-04 11600000 TO REFINANCE PURCHASE OF HEADQUARTERS BUILDING 0 0 0 A 11600000 11600000 2013 1 0 1 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 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 85,079. MANAGEMENT AND GENERAL EXPENSES 45,891. FUNDRAISING EXPENSES 14,211. TOTAL EXPENSES 145,181. INDEPENDENT CONTRACTOR: PROGRAM SERVICE EXPENSES 59,871. MANAGEMENT AND GENERAL EXPENSES 38,582. FUNDRAISING EXPENSES 231. TOTAL EXPENSES 98,684. CONSULTANT: PROGRAM SERVICE EXPENSES 329,096. MANAGEMENT AND GENERAL EXPENSES 253,966. FUNDRAISING EXPENSES 1,518. TOTAL EXPENSES 584,580. LEGISLATIVE ASSISANCE: PROGRAM SERVICE EXPENSES 127,406. MANAGEMENT AND GENERAL EXPENSES 82,103. FUNDRAISING EXPENSES 491. TOTAL EXPENSES 210,000. SPEAKERS, SERVICE BUREAUS, AND OTHER: PROGRAM SERVICE EXPENSES 8,389. MANAGEMENT AND GENERAL EXPENSES 5,406. FUNDRAISING EXPENSES 32. TOTAL EXPENSES 13,827. 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 2013. 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 2652298 38243442 INDEPENDENT SECTOR