EXECUTIVES CLUB OF CHICAGO: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
EXECUTIVES CLUB OF CHICAGO (EIN 36-1054078)
Tax period
2013-07-01 to 2014-06-30
Filed
2014-11-13
IRS object ID
201403179349306015
Schema version
2013v3.1
Note
A later return for the same period supersedes this one.
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)
Return2014-11-13T17:01:57-06:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE HORWATH LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line170 WEST MADISON STREETAddressLine1
Address Line2SUITE 700AddressLine2
CityCHICAGOCity
StateILState
ZIP Code606024903ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN361054078EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE EXECUTIVES' CLUB OF CHICAGOBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlEXECBusinessNameControlTxt
Phone3122633500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18 South Michigan AvenueAddressLine1
CityCHICAGOCity
StateILState
ZIP Code60603ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANA DUTRAPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Signature2014-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGeralyn HurdPreparerPersonNm
PTINP00933422PTIN
Phone3128997000PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

Principal Ofcr Business Address PrincipalOfcrBusinessAddress

FieldValueIRS element (for citing)
Business Name Line1ANA DUTRABusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line18 South Michigan AvenueAddressLine1
CityCHICAGOCity
StateILState
ZIP Code60603ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$4,119,878GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.EXECUTIVESCLUB.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1911FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTHE EXECUTIVES' CLUB IS CHICAGO'S PREMIER MEMBERSHIP AND BUSINESS FORUM. FOR MORE THAN ONE HUNDRED YEARS, THE CLUB HAS BEEN A VALUED RESOURCE FOR CHICAGO'S BUSINESS LEADERS - CONNECTING MEMBERS, AND PROVIDING OPPORTUNITIES FOR STRATEGIC RELATIONSHIP DEVELOPMENT, ACCESS TO INTELLECTUAL EXCHANGE AND WORLD CLASS SPEAKERS, AND ENHANCED EXPOSURE TO THE GLOBAL BUSINESS COMMUNITY.ActivityOrMissionDesc
Voting Members Governing Body41VotingMembersGoverningBodyCnt
Voting Members Independent40VotingMembersIndependentCnt
Total Employee25TotalEmployeeCnt
Total Volunteers75TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$3,961,811PYProgramServiceRevenueAmt
CY Program Service Revenue$4,096,985CYProgramServiceRevenueAmt
PY Investment Income$1,973PYInvestmentIncomeAmt
CY Investment Income$2,176CYInvestmentIncomeAmt
PY Other Revenue$12,116PYOtherRevenueAmt
CY Other Revenue$20,717CYOtherRevenueAmt
PY Total Revenue$3,975,900PYTotalRevenueAmt
CY Total Revenue$4,119,878CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,949,867PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,940,006CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,716,865PYOtherExpensesAmt
CY Other Expenses$1,777,032CYOtherExpensesAmt
PY Total Expenses$3,666,732PYTotalExpensesAmt
CY Total Expenses$3,717,038CYTotalExpensesAmt
PY Revenues Less Expenses$309,168PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$402,840CYRevenuesLessExpensesAmt
Total Assets BOY$1,391,264TotalAssetsBOYAmt
Total Assets EOY$1,455,613TotalAssetsEOYAmt
Total Liabilities BOY$720,413TotalLiabilitiesBOYAmt
Total Liabilities EOY$381,922TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$670,851NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,073,691NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE EXECUTIVES' CLUB OF CHICAGO SERVES THE MIDWEST BY PROVIDING INFORMATION AND RESOURCES NEEDED TO ESTABLISH EFFECTIVE GLOBAL PARTNERSHIPS, ENHANCE INTELLECTUAL EXCHANGE, DEVELOP FUTURE DIVERSE BUSINESS AND CIVIC LEADERS, AND PROMOTE CHICAGO AS A WORLD CLASS BUSINESS CENTER. CONTINUED IN SCHEDULE O.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescONE OF THE NATION'S PREMIER SPEAKERS FORUMS, THE EXECUTIVES' CLUB'S GLOBAL LEADERS LUNCHEONS PROVIDE CLUB MEMBERS AND GUESTS WITH UNPRECEDENTED ACCESS TO THE POLITICAL, POLICY, CORPORATE, AND INSTITUTIONAL LEADERS WHOSE EXPERTISE, INSIGHTS, AND EXPERIENCE SHAPE THE GLOBAL BUSINESS CLIMATE. HELD SEPTEMBER THROUGH JUNE, THESE DYNAMIC LUNCHEONS TARGET A DIVERSE RANGE OF INDUSTRIES AND EXPLORE TOPICS CHOSEN FOR THEIR RELEVANCE TO CURRENT GLOBAL BUSINESS AND ECONOMIC TRENDS. GLOBAL LEADERS LUNCHEONS REGULARLY ATTRACT AUDIENCES OF 800-1,800, DRAWN FROM CHICAGOLAND'S C-SUITE EXECUTIVES, SENIOR PROFESSIONALS, AND EMERGING LEADERS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescLAUNCHED IN 2004, THE EXECUTIVES' CLUB'S QUARTERLY WOMEN'S LEADERSHIP BREAKFASTS HAVE BECOME CHICAGO'S LARGEST SPEAKERS' FORUM DEDICATED TO THE NEEDS AND INTERESTS OF BUSINESS AND PROFESSIONAL WOMEN. THESE BREAKFAST PROGRAMS REGULARLY ATTRACT 1,100-1,200 PEOPLE - PRIMARILY WOMEN - FOR PANEL DISCUSSIONS AMONG REMARKABLE WOMEN WHO ARE ROLE MODELS OF SUCCESS. EACH BREAKFAST IS ORGANIZED AROUND A THEME RELEVANT TO WOMEN FROM DIVERSE FIELDS, AND SPEAKERS ARE SELECTED FOR THEIR CAPACITY TO IMPART LESSONS OF VALUE TO WOMEN AT VARYING STAGES IN THEIR CAREERS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescAT QUARTERLY BREAKFASTS, THE EXECUTIVES' CLUB INTRODUCES THE CHICAGO BUSINESS COMMUNITY TO CEOS WHO HAVE RECENTLY TAKEN THE HELM OF MULTINATIONAL CORPORATIONS HEADQUARTERED IN THE METROPOLITAN AREA OR WHO HAVE RECENTLY RELOCATED THEIR COMPANIES TO THE WINDY CITY. NOT ONLY DO THE CHICAGO CEO BREAKFASTS SHOWCASE THE INNOVATIVE STRATEGIES ON WHICH THESE TALENTED CEOS RELY TO REMAIN COMPETITIVE, THEY ALSO HELP BUILD AND MAINTAIN A SENSE OF COMMUNITY, EVEN AS THAT COMMUNITY GROWS AND CHANGES.Desc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
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 LiabilitiesYes (true)ReportOtherLiabilitiesInd
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 OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
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
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee25EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members41GoverningBodyVotingMembersCnt
Independent Voting Member40IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
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 CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Ana DutraBusinessNameLine1
FieldValueIRS element (for citing)
Phone3122633500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18 SOUTH MICHIGAN AVENUE STE 320AddressLine1
CityCHICAGOCity
StateILState
ZIP Code60603ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
CARL E VANDER WILT
TREASURER1.00Yes (X)Yes (X)$0$0$0
DEBORAH L DEHAAS
CHAIRMAN3.00Yes (X)Yes (X)$0$0$0
GREGORY Q BROWN
FIRST VICE CHAIRMAN (PARTIAL YEAR)1.00Yes (X)Yes (X)$0$0$0
JOHN J CONROY JR
SECRETARY1.00Yes (X)Yes (X)$0$0$0
MARK THIERER
SECOND VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
MELISSA L BEAN
PRESIDENT & CEO40.00Yes (X)Yes (X)$447,038$0$11,840
ANNE PRAMAGGIORE
DIRECTOR1.00Yes (X)$0$0$0
AYLWIN B LEWIS
DIRECTOR1.00Yes (X)$0$0$0
CHRIS CURTIS
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER BEGY
DIRECTOR1.00Yes (X)$0$0$0
COLIN DYER
DIRECTOR1.00Yes (X)$0$0$0
CONNIE LINDSEY
DIRECTOR1.00Yes (X)$0$0$0
CRAIG J DUCHOSSOIS
DIRECTOR1.00Yes (X)$0$0$0
DAVID HANFLAND
DIRECTOR1.00Yes (X)$0$0$0
DAVID W NELMS
DIRECTOR1.00Yes (X)$0$0$0
DEAN HARRISON
DIRECTOR1.00Yes (X)$0$0$0
DEBRA CAFARO
DIRECTOR1.00Yes (X)$0$0$0
DONALD SOUTHWELL
DIRECTOR1.00Yes (X)$0$0$0
GAIL K BOUDREAUX
DIRECTOR1.00Yes (X)$0$0$0
GLENN TILTON
DIRECTOR1.00Yes (X)$0$0$0
GREG C CASE
DIRECTOR1.00Yes (X)$0$0$0
ILENE S GORDON
DIRECTOR & PAST CHAIRMAN1.00Yes (X)$0$0$0
JAY HENDERSON
DIRECTOR1.00Yes (X)$0$0$0
JOHN R ETTELSON
DIRECTOR1.00Yes (X)$0$0$0
JOHN W ESTEY
DIRECTOR1.00Yes (X)$0$0$0
LARRY D RICHMAN
DIRECTOR1.00Yes (X)$0$0$0
MANUEL SANCHEZ
DIRECTOR1.00Yes (X)$0$0$0
MARTIN P SLARK
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL REINSDORF
DIRECTOR1.00Yes (X)$0$0$0
P CODY PHIPPS
DIRECTOR1.00Yes (X)$0$0$0
PATRICK CANNING
DIRECTOR1.00Yes (X)$0$0$0
QUINTIN PRIMO III
DIRECTOR1.00Yes (X)$0$0$0
RICHARD S PRICE
DIRECTOR1.00Yes (X)$0$0$0
ROBERT L PARKINSON JR
DIRECTOR1.00Yes (X)$0$0$0
SCOTT C SWANSON
DIRECTOR1.00Yes (X)$0$0$0
THOMAS RICKETTS
DIRECTOR1.00Yes (X)$0$0$0
TIMOTHY MULHERE
DIRECTOR1.00Yes (X)$0$0$0
TOM RICHARDS
DIRECTOR1.00Yes (X)$0$0$0
TONISE PAUL
DIRECTOR1.00Yes (X)$0$0$0
W ROBERT REUM
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM J DOYLE
DIRECTOR1.00Yes (X)$0$0$0
CINDY DIEHL YANG
EXECUTIVE DIRECTOR40.00$172,468$0$12,880Yes (X)
KATHRYN KRIVY
VICE PRESIDENT, MARKETING, PROGRAM DEVELOPMENT40.00$136,076$0$5,443Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$755,582TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$30,163TotalOtherCompensationAmt
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
Total Contributions$0TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEETINGS & CONFERENCES900099$2,564,045$2,564,045
MEMBER DUES900099$1,065,210$1,065,210
BARTER INCOME900099$467,730$467,730
$0
$0

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$4,096,985TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,176TotalRevenueColumnAmt
Exclusion$2,176ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

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

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gain Or Loss GainOrLossGrp

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

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
OTHER INCOME900099$20,717$20,717
$0
$0

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$20,717OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,119,878TotalRevenueColumnAmt
Related Or Exempt Func Income$4,117,702RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,176ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$458,086TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,156,377TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$49,538TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$20,017TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$255,988TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$104,110TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$93,054TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$428,715TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$101,227TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$77,551TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$127,277TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$80,585TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$454,119TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$107,519TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,686TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
AUDIO VISUAL$130,616
DUES & SUBSCRIPTIONS$9,118
CREDIT CARD FEES$42,087
REPAIRS & MAINTENANCE$1,372

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$16,996TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,717,038TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$179,596BOYAmt
EOY$400,093EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$761,803BOYAmt
EOY$699,105EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$124,574BOYAmt
EOY$83,152EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$61,239BOYAmt
EOY$69,739EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$411,919LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$208,394LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$264,052BOYAmt
EOY$203,525EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

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

Investments Program Related InvestmentsProgramRelatedGrp

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

Other Assets Total OtherAssetsTotalGrp

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

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,391,264BOYAmt
EOY$1,455,613EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$324,008BOYAmt
EOY$187,071EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$348,260BOYAmt
EOY$144,157EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$48,145BOYAmt
EOY$50,694EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$720,413BOYAmt
EOY$381,922EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$670,851BOYAmt
EOY$1,073,691EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$670,851BOYAmt
EOY$1,073,691EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,391,264BOYAmt
EOY$1,455,613EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$402,840ReconcilationRevenueExpnssAmt
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 D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$224,317OtherCostOrOtherBasisAmt
Depreciation$155,697DepreciationAmt
Book Value$68,620BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$187,602OtherCostOrOtherBasisAmt
Depreciation$52,697DepreciationAmt
Book Value$134,905BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$203,525TotalBookValueLandBuildingsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED RENT ABATEMENTDesc
Amt$50,694Amt
FieldValueIRS element (for citing)
Total Liability$50,694TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,119,878TotalRevEtcAuditedFinclStmtAmt
Other Revenue$0OtherRevenueAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$4,119,878RevenueSubtotalAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,119,878TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,717,038TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,717,038ExpensesSubtotalAmt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,717,038TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule D, Part X, Line 2, FIN 48 (ASC 740) footnoteFormAndLineReferenceDesc
ExplanationINCOME TAXES: THE EXECUTIVES' CLUB OF CHICAGO IS A NON-PROFIT ORGANIZATION AND QUALIFIES UNDER SECTION 501 (C)(6) OF THE INTERNAL REVENUE CODE FOR TAX-EXEMPT STATUS. THE CLUB FOLLOWS ACCOUNTING STANDARDS APPLICABLE TO UNCERTAIN INCOME TAX POSITIONS. NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS, AS THE CLUB HAS HAD NO UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES THE CLUB HAS NO MATERIAL UNRECOGNIZED INCOME TAX BENEFITS, INCLUDING ANY POTENTIAL LOSS OF ITS TAX-EXEMPT STATUS. THE CLUB RECOGNIZES INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE CLUB RECOGNIZED AND ACCRUED NO AMOUNTS FOR INTEREST OR PENALTIES AS OF AND FOR THE YEAR ENDED JUNE 30, 2014 OR 2013. THE CLUB HAS NOT BEEN EXAMINED BY ANY TAX JURISDICTION. THE CLUB IS NO LONGER SUBJECT TO EXAMINATION BY THE FEDERAL OR STATE TAXING AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED JUNE 30, 2011. THE CLUB DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

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
MELISSA L BEAN
PRESIDENT & CEO$347,038$0$100,000$0$0$0$10,200$0$1,640$0$458,878$0$0$0
CINDY DIEHL YANG
EXECUTIVE DIRECTOR$142,468$0$30,000$0$0$0$7,260$0$5,620$0$185,348$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1, ORGANIZATION'S MISSIONTHE EXECUTIVES' CLUB OFFERS MORE THAN 60 PROGRAMS A YEAR, AT WHICH MEMBERS AND THEIR GUESTS ENJOY A RICH MIX OF OPTIONS FOR PROFESSIONAL RELATIONSHIP BUILDING, CLIENT CONNECTION BUILDING, AND PERSONAL ENRICHMENT. BRANDED TO MEET THE VARIOUS NEEDS OF OUR MEMBERS, THESE PROGRAMS ARE OFTEN PRESENTED IN A SERIES THROUGHOUT THE SEASON: -GLOBAL LEADERS LUNCHEONS -CHICAGO CEO BREAKFASTS -TECHNOLOGY CONFERENCES -WOMEN'S LEADERSHIP PROGRAMS -LEADERSHIP CIRCLE PROGRAMS -INNOVATION PROGRAMS -COMMITTEE PROGRAMS -MEMBERS ONLY PROGRAMS -RECEPTIONS THE MEMBERS OF THE EXECUTIVES' CLUB OF CHICAGO INCLUDE SENIOR-LEVEL EXECUTIVES; UP-AND-COMING YOUNG LEADERS; PROFESSIONALS AND ENTREPRENEURS OF LARGE AND SMALL LOCAL, NATIONAL, AND MULTINATIONAL CORPORATIONS; LEADERS OF UNIVERSITIES; STATE AND CITY GOVERNMENT OFFICIALS; AND FOREIGN DIGNITARIES. CLUB MEMBERS ARE LEADERS IN 25 MAJOR INDUSTRY SECTORS INCLUDING BUT NOT LIMITED TO: FINANCE, TECHNOLOGY, MANUFACTURING, HEALTHCARE, INSURANCE, RETAIL, COMMUNICATIONS, AND PROFESSIONAL SERVICES. THE CLUB'S CORE OBJECTIVES ARE TO: -PROMOTE DISCUSSION ON ISSUES OF REGIONAL, NATIONAL, AND GLOBAL IMPORTANCE TO THE BUSINESS COMMUNITY; -PROVIDE A FORUM FOR SHARING OF BEST BUSINESS PRACTICES; -PROVIDE SHARED EXPERIENCES FOR A HIGHLY DIVERSE SET OF EXECUTIVES AND PROFESSIONALS FROM THE CHICAGO BUSINESS COMMUNITY; -DEVELOP DIVERSE GLOBAL AND CIVIC MINDED BUSINESS LEADERS; AND -PROMOTE CHICAGO AS A WORLD CLASS BUSINESS CENTER.
Form 990, Part VI, Sec A, Line 1a, Delegate broad authority to a committeeTHE CLUB SHALL HAVE AN EXECUTIVE COMMITTEE, COMPOSED OF THE CHAIR OF THE BOARD OF DIRECTORS, THE FIRST VICE CHAIR AND SECOND VICE CHAIR OF THE BOARD OF DIRECTORS, THE TWO FORMER CHAIRS OF THE BOARD OF DIRECTORS WHO HAVE MOST RECENTLY SERVED IN THAT CAPACITY, THE SECRETARY AND THE TREASURER. THE CHAIR OF THE BOARD OF DIRECTORS SHALL SERVE AS CHAIR OF THE EXECUTIVE COMMITTEE. THE CHIEF EXECUTIVE OFFICER & PRESIDENT SHALL SERVE ON THE EXECUTIVE COMMITTEE ON AN EX-OFFICIO BASIS. DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL HAVE, AND MAY EXERCISE, ALL THE POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE AFFAIRS OF THE CLUB, IN ALL CASES IN WHICH SPECIFIC DIRECTIONS SHALL NOT HAVE BEEN GIVEN BY THE BOARD OF DIRECTORS OR FOR REASONS OF STABILITY OR CONTINUITY, SUBJECT TO THE LIMITATIONS PROVIDED BY SECTION 108.40 OF THE ACT.
Form 990, Part VI, Sec A, Line 6, Classes of members or stockholdersTHE CLUB SHALL HAVE ELEVEN CLASSES OF MEMBERS, DESIGNATED AS FOLLOWS: (A) CORPORATE MEMBERS (B) INDIVIDUAL MEMBERS (C) LEADERSHIP CIRCLE MEMBERS (D) DIPLOMATIC CORPS MEMBERS (E) GOVERNMENTAL AGENCY MEMBERS (F) NOT-FOR-PROFIT MEMBERS (G) RETIRED MEMBERS (H) NON-RESIDENT MEMBERS (I) VETERAN MEMBERS (J) HONORARY MEMBERS (K) LIFE-SERVICE MEMBERS THE QUALIFICATIONS AND RIGHTS OF EACH CLASS OF MEMBERS ARE AS FOLLOWS: CORPORATE MEMBERS SHALL BE DIVIDED INTO FIVE LEVELS OF CORPORATE MEMBERSHIP: "CORPORATE I PREMIER - PLUS" WILL CONSIST OF ALL THE BENEFITS AVAILABLE TO CORPORATE I PREMIER MEMBERSHIP IN ADDITION TO OTHER BENEFITS THAT THE CLUB'S MANAGEMENT MAY INCLUDE FROM TIME TO TIME IN ACCORDANCE WITH SUCH PARAMETERS AS THE EXECUTIVE COMMITTEE MAY ELECT TO PROVIDE. "CORPORATE I PREMIER" WILL CONSIST OF (I) TWELVE EXECUTIVES FROM COMPANIES WITH MORE THAN TWO-HUNDRED EMPLOYEES OR (II) ONE C-LEVEL EXECUTIVE FROM COMPANIES OF ANY SIZE. "CORPORATE I" WILL CONSIST OF SIX EXECUTIVES FROM COMPANIES WITH MORE THAN TWO-HUNDRED EMPLOYEES. "CORPORATE II" WILL CONSIST OF FOUR EXECUTIVES FROM COMPANIES WITH FIFTY-ONE TO TWO-HUNDRED EMPLOYEES. "CORPORATE III" WILL CONSIST OF TWO EXECUTIVES FROM COMPANIES WITH ONE TO FIFTY EMPLOYEES. EACH CORPORATE MEMBER SHALL BE ENTITLED TO DESIGNATE FROM TIME TO TIME, IN ACCORDANCE WITH SUCH CORPORATE MEMBER'S APPLICABLE LEVEL OF CORPORATE MEMBERSHIP, THOSE EXECUTIVES WHO WILL BE CONSIDERED TO BE MEMBERS OF THE CLUB. EACH INDIVIDUAL EXECUTIVE DESIGNATED BY A CORPORATE MEMBER AS A MEMBER OF THE CLUB SHALL BE ENTITLED TO ONE VOTE IN ACCORDANCE WITH SECTION 2.7 OF THESE BY-LAWS ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. INDIVIDUAL MEMBERS SHALL BE DIVIDED INTO TWO LEVELS OF MEMBERSHIP: "INDIVIDUAL MEMBERS I" ARE THOSE MEMBERS WHO ARE NOT OTHERWISE CATEGORIZED IN ONE OF THE OTHER CLASSES OF MEMBERSHIP AND WHO ARE ENTITLED TO ATTEND EIGHT LUNCHEONS, WITHOUT CHARGE, AS PART OF THEIR MEMBERSHIP. "INDIVIDUAL MEMBERS II" ARE THOSE MEMBERS WHO ARE NOT OTHERWISE CATEGORIZED IN ONE OF THE OTHER CLASSES OF MEMBERSHIP AND WHO ARE CHARGED SEPARATELY FOR LUNCHEONS. LEADERSHIP CIRCLE MEMBERS ARE THOSE INDIVIDUALS UNDER FORTY YEARS OF AGE AT THE COMMENCEMENT OF EACH FISCAL YEAR OF THE CLUB AND SHALL BE COMPRISED OF TWO LEVELS OF MEMBERSHIP: "LEADERSHIP CIRCLE I" INCLUDES LEADERSHIP CIRCLE MEMBERS WHO ARE ENTITLED TO ATTEND SUCH NUMBER OF PROGRAMS WITHOUT CHARGE AS SHALL BE DETERMINED FROM TIME TO TIME BY THE CLUB'S THEN EFFECTIVE TERMS AND CONDITIONS OF MEMBERSHIP. "LEADERSHIP CIRCLE II" INCLUDES LEADERSHIP CIRCLE MEMBERS WHO ARE ENTITLED TO ATTEND SUCH NUMBER OF PROGRAMS AT SUCH MEMBER RATES AS SHALL BE DETERMINED FROM TIME TO TIME BY THE CLUB'S THEN EFFECTIVE TERMS AND CONDITIONS OF MEMBERSHIP. "LEADERSHIP CIRCLE III" INCLUDES LEADERSHIP CIRCLE MEMBERS WHO ARE LISTED AS EXECUTIVES ON ANY OF THE ABOVE-LISTED CORPORATE MEMBERSHIPS AND WHO ARE ENTITLED TO PARTICIPATE IN SUCH PROGRAMS AND BENEFITS AS THE CLUB'S MANAGEMENT MAY DESIGNATE FROM TIME TO TIME IN ACCORDANCE WITH SUCH PARAMETERS AS THE EXECUTIVE COMMITTEE MAY ELECT TO PROVIDE. DIPLOMATIC CORPS MEMBERS ARE THOSE DIPLOMATS REPRESENTING FOREIGN NATIONS, WHO ARE NOT RESIDENTS OF CHICAGO OR ITS VICINITY BEFORE BECOMING DIPLOMATS AND WHO ARE NOT CITIZENS OF THE UNITED STATES OF AMERICA. IT SHALL ALSO INCLUDE THE CHIEF CONSULAR REPRESENTATIVE OF A FOREIGN NATION WHO IS IN CHARGE OF A CHICAGO CONSULATE OF SUCH A FOREIGN NATION. GOVERNMENTAL AGENCY MEMBERS ARE THOSE HEADS OF UNITED STATES, REGIONAL, STATE, COUNTY, LOCAL OR MUNICIPAL GOVERNMENT AGENCIES, AUXILIARIES AND INSTITUTIONS WHETHER HEADQUARTERED IN WASHINGTON D.C. OR LOCATED IN THE STATE OF ILLINOIS. NOT-FOR-PROFIT MEMBERS ARE PERSONS WHO ARE EXECUTIVES OF INSTITUTIONS, ORGANIZATIONS AND FOUNDATIONS DESIGNATED AS "NON-PROFIT" WHOSE OBJECTIVES SEEK TO REALIZE THE PARTICULAR VALUES WHICH THEY PURPORT TO SERVE. RETIRED MEMBERS ARE THOSE MEMBERS OF THE CLUB WHO HAVE RETIRED FROM FULL-TIME EMPLOYEE STATUS IN THEIR RESPECTIVE COMPANIES, INSTITUTIONS, ORGANIZATIONS AND FOUNDATIONS, BUT WHO STILL DESIRE TO RETAIN THEIR MEMBERSHIP IN THE CLUB. NON-RESIDENT MEMBERS ARE ELIGIBLE PERSONS WHOSE PLACE OF BUSINESS IS MORE THAN FIFTY MILES FROM THE CITY OF CHICAGO. SUCH PERSONS MAY MAKE AN ORIGINAL APPLICATION FOR NON-RESIDENT MEMBERSHIP. IN CASE THE PLACE OF BUSINESS OF ANY MEMBER SHALL BE MOVED TO A PLACE MORE THAN FIFTY MILES FROM THE CITY OF CHICAGO, SUCH A MEMBER MAY, UPON APPLICATION TO THE SECRETARY AND BY FAVORABLE ACTION OF THE BOARD OF DIRECTORS, BE MADE A NON-RESIDENT MEMBER OF THE CLUB. IF THE PLACE OF BUSINESS OF ANY NON-RESIDENT MEMBER IS REMOVED TO WITHIN FIFTY MILES FROM THE CITY OF CHICAGO THAT PERSON SHALL NO LONGER BE A NON-RESIDENT MEMBER, AND MAY, UPON APPLICATION TO THE SECRETARY AND BY FAVORABLE ACTION OF THE BOARD OF DIRECTORS, BECOME A MEMBER. VETERAN MEMBERS ARE THOSE PERSONS WHO HAVE BEEN MEMBERS IN GOOD STANDING FOR A TOTAL PERIOD OF THIRTY YEARS. VETERAN MEMBERS, UPON MAKING APPLICATION TO, AND WITH THE APPROVAL OF, THE BOARD OF DIRECTORS, ARE ELIGIBLE TO RETAIN FULL MEMBERSHIP UPON PAYMENT OF FIFTY PERCENT OF THE REGULAR DUES. AFTER THIRTY-FIVE YEARS OF MEMBERSHIP IN THE CLUB, ALL DUES WILL BE WAIVED. HONORARY MEMBERS ARE THOSE MEMBERS WHO, BY THE UNANIMOUS VOTE OF THE DIRECTORS PRESENT AT ANY MEETING OF THE BOARD OF DIRECTORS AT WHICH A QUORUM IS PRESENT, ARE ELECTED AS HONORARY MEMBERS OF THE CLUB BY VIRTUE OF THEIR PREEMINENT STANDING OR WHO HAVE OTHERWISE DISTINGUISHED THEMSELVES. LIFE-SERVICE MEMBERS. THOSE MEMBERS WHO HAVE SERVED AS CHAIR OF THE BOARD OF DIRECTORS SHALL, UPON COMPLETION OF SUCH TERM OF OFFICE, AUTOMATICALLY BECOME LIFE-SERVICE MEMBERS AND SHALL BE ENTITLED TO ALL THE PRIVILEGES OF MEMBERSHIP IN THE CLUB WITHOUT ASSESSMENT OR PAYMENT OF DUES. THE ABOVE-LISTED MEMBERSHIP CLASSES MAY BE CATEGORIZED, GROUPED OR OTHERWISE CHANGED FOR ADMINISTRATIVE PURPOSES IN SUCH A MANNER AS THE CLUB'S MANAGEMENT MAY DETERMINE FROM TIME TO TIME IN ACCORDANCE WITH SUCH PARAMETERS AS THE EXECUTIVE COMMITTEE MAY ELECT TO PROVIDE.
Form 990, Part VI, Sec A, Line 7a, Members or stockholders electing members of governing bodyPLEASE SEE THE NARRATIVE FORM 990, PART VI, SECTION A, LINE 6
Form 990, Part VI, Sec B, Line 11b, Review of form 990 by governing bodyTHE AUDIT COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS IS PRIMARILY RESPONSIBLE FOR OVERSEEING THE PREPARATION OF THE ORGANIZATION'S ANNUAL INFORMATION RETURN (FORM 990). A COPY OF THE ORGANIZATION'S ANNUAL INFORMATION RETURN IS PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR REVIEW PRIOR TO THE TIME IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
Form 990, Part VI, Sec B, Line 12c, Conflict of interest policyANNUALLY THE ORGANIZATION REQUIRES EACH OF THE MEMBERS OF ITS BOARD OF DIRECTORS AND OFFICERS TO CERTIFY COMPLIANCE WITH THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY, WHICH REQUIRES DISCLOSURE OF MATERIAL FAMILY OR BUSINESS RELATIONSHIPS INVOLVING THE ORGANIZATION. THE ANNUAL CERTIFICATIONS ARE REVIEWED BY MANAGEMENT OF THE ORGANIZATION AND ANY POTENTIAL CONFLICTS OF INTEREST IDENTIFIED AS PART OF THE ANNUAL CERTIFICATION PROCESS ARE REFERRED TO THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR EVALUATION AND RESOLUTION. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE MEMBERS OF THE BOARD OR COMMITTEE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON MUST LEAVE THE MEETING OF THE BOARD OR COMMITTEE WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS WILL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE MEETING OF THE BOARD OR COMMITTEE AT WHICH THE TRANSACTION OR ARRANGEMENT INVOLVING A POSSIBLE CONFLICT OF INTEREST IS TO BE CONSIDERED, BUT AFTER THE PRESENTATION, THE INTERESTED PERSON MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT. THE BOARD OR COMMITTEE WILL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS OR MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CLUB'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, THE BOARD OR COMMITTEE WILL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT WILL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE INTERESTED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
Form 990, Part VI, Sec B, Line 15a, Process to establish compensation of top management officialTHE COMPENSATION PAID TO THE ORGANIZATION'S PRESIDENT/CHIEF EXECUTIVE OFFICER WAS DETERMINED BY THE EXECUTIVE COMMITTEE AND GOVERNANCE COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS DURING THE 2013-14 FISCAL YEAR. THE COMPENSATION ARRANGEMENTS RELATING TO THE ORGANIZATION'S PRESIDENT/CHIEF EXECUTIVE OFFICER ARE DETERMINED USING COMPARABILITY DATA FROM OTHER ORGANIZATIONS AS WELL AS NONPROFIT SALARY SURVEYS. THE COMPENSATION ARRANGEMENT IS APPROVED BY THE EXECUTIVE COMMITTEE AND GOVERNANCE COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS AND DOCUMENTED IN A WRITTEN EMPLOYMENT AGREEMENT.
FORM 990, PART VI, LINE 15B, PROCESS TO ESTABLISH COMPENSATION OF OTHER EMPLOYEESCOMPENSATION FOR KEY EMPLOYEES IS DETERMINED ANNUALLY BASED ON PERFORMANCE. SALARY DECISIONS ARE MADE AT THE PRESIDENT & CEO LEVEL, WHILE BONUS COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS.
Form 990, Part VI, Sec C, Line 19, Required documents available to the publicFINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME.

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