2014-08-13T11:57:02-05:00 2013-12-31 MITCHELL & TITUS LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2013-01-01 521631358 Executive Leadership Foundation % BERYL H ISAAC EXEC 7037065279 1001 N Fairfax Street Suite 300 Alexandria VA 22314 Ronald C Parker President & CEO 7037065279 2014-08-12 true 2127094500 2013 2015-11-30 17:44:51Z Ronald C Parker 1001 N Fairfax Street Alexandria VA 22314 17047019 false X www.elcinfo.com X 1989 DC To educate the public on the importance of education, developing leadership skills in American youth, and encouraging the economic empowerment of minorities. 17 16 0 16 0 5780240 5325652 774930 1030447 184754 1371598 -1358681 -1425016 5381243 6302681 375000 275400 0 0 1020859 1563036 0 0 0 2679714 2043566 4075573 3882002 1305670 2420679 18393934 19109102 2437835 1180210 15956099 17928892 X THE PRIMARY PURPOSE OF ELF IS TO EDUCATE THE PUBLIC ON THE IMPORTANCE OF FOCUSING RESOURCES ON EDUCATION, DEVELOPING LEADERSHIP SKILLS IN AMERICAN YOUTH, AND ENCOURAGING THE ECONOMIC EMPOWERMENT OF MINORITIES. ELF OBTAINS FINANCIAL SUPPORT FROM INDIVIDUALS, CORPORATIONS, AND OTHER FOUNDATIONS TO IMPLEMENT THESE ACTIVITIES. false false 532699 0 590300 Leadership Institute: The Institute for Leadership Development & Research (the Institute) strives to be the preeminent institution for research and development of African-Americans in the corporate world. The Institute provides executive-level seminars, peer mentoring, coaching, and networking with top corporate executives and leadership development training. 431619 0 367710 Mid-Level Managers Symposium: The annual Mid-Level Managers Symposium (the Symposium), provides an opportunity for managers to learn and network in professional settings. The Symposium also honors the achievements of African-Americans and pro-diversity companies striving to make the business case for diversity and the corporate workplace more inclusive, equitable, and successful. 175674 70000 0 Business Case Study: The Business Case Study program involves multi-racial, predominantly African-American, MBA student teams competing annually for $70,000 in total scholarships and internships by writing business strategies for an assigned business case. The three top finalist teams present their business cases to a panel of executive judges to determine final rankings. 164232 28000 Women's Leadership Forum 173537 75000 Ann Fudge & Al Martin Scholarships 133249 CEO Summit 110697 30400 Essay Competition 258001 Other (Multiple Programs) 839716 105400 28000 1979708 true true false false false false false false false false true false false false false true false true false false false false false false true false false true true true false false false false false false false true false false false false false true false false false true 33 0 true 0 false false false false false true true false false false false X 17 16 false false false false false true true true true false false true true true true true false false AL AK AZ AR CA CO CT DC FL GA HI IL KS KY LA ME MA MI MN MS NH NJ NM NY OH OK OR PA RI SC TN TX UT VA WA WV WI X BERYL H ISAAC 7037065279 1001 N FAIRFAX STREET Alexandria VA 22314 Michael C Hyter Chairman 5.0 0.0 X X Stephanie Bell-Rose Director 5.0 0.0 X Diane T Ashley Director 5.0 0.0 X Lloyd W Brown II Treasurer 5.0 0.0 X X Rick Frazier Director 5.0 0.0 X Ehrika C Gladden Secretary 5.0 0.0 X X Lydia G Mallett Director 5.0 0.0 X Rhonda R Mims Vice Chairman 5.0 0.0 X A Louis Parker Director 5.0 0.0 X Larry Quinlan Director 5.0 0.0 X Lynton Scotland Director 5.0 0.0 X Ronald C Parker President & CEO 20.0 20.0 X X 0 442880 3888 Julia Brown Director 5.0 0.0 X Billy Dexter Director 5.0 0.0 X Brickson Diamond COO 20.0 20.0 X 0 316383 20977 Beryl H Isaac Dir of Acctng & Fin 20.0 20.0 X 0 244040 17840 Camilla McGhee Dir of Corp Council Svcs 20.0 20.0 X 0 212073 17446 Catrell Brown Dir of Communications 20.0 20.0 X 0 154084 12055 Michael Dutton Senior Comm Manager 20.0 20.0 X 0 120226 14990 0 1489686 87196 0 false true false Blank Rome LLP Lockbox 8586 PO Box 8500 PHILADELPHIA PA 19178 Legal Services 385783 1 4441417 884235 5325652 LEADERSHIP INSTITUTE 900099 590300 590300 MID-LEVEL MANAGERS SYMPOSIUM 900099 367710 367710 WOMEN'S LEADERSHIP FORUM 900099 28000 28000 RENTAL INCOME FROM AFFILIATE 531120 44437 44437 1030447 178004 178004 0 411 411 0 0 0 9908250 8714656 1193594 1193594 1193594 604083 2029682 -1425599 0 0 MISCELLANEOUS REVENUE 900099 172 172 172 6302681 1030447 1372181 100000 100000 175400 175400 0 0 1073176 384015 689161 0 371861 134837 237024 27623 27623 48822 48822 41554 41554 259028 219210 39818 243739 243739 37979 37979 0 0 23053 23053 28231 28231 0 88311 54504 33807 20591 4048 16543 0 59358 59358 237211 161721 75490 0 547555 493411 54144 10852 4293 6559 0 185250 73284 111966 6086 6086 DUES, SUBSCRIPTIONS & DONATION 141669 25773 115896 PROGRAM MANAGEMENT 136402 136402 MEDIA EXPENSES 7650 7650 ALL OTHER EXPENSES 10601 5160 5441 3882002 1979708 1902294 0 8299056 7701828 0 0 300000 150000 170766 239850 0 0 0 0 0 0 0 0 72393 36038 3779530 1316416 2391670 2463114 7143865 8378626 0 0 0 0 0 0 16184 139646 18393934 19109102 1333540 1090710 0 0 50000 89500 0 0 0 0 0 0 565187 0 0 0 489108 0 2437835 1180210 X 15626099 17603892 330000 325000 0 0 15956099 17928892 18393934 19109102 2420679 -447886 X false true X true false X 5059365 3824572 4953427 5780240 5325652 24943256 0 0 5059365 3824572 4953427 5780240 5325652 24943256 0 24943256 153814 234046 230850 184754 178415 981879 0 35296 21564 9808 698 172 67538 25992673 7033156 0.95963 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3073241 1062663 2010578 393030 253753 139277 313259 0 313259 2463114 0 0 FORM 990, SCHEDULE D, PART X, LINE 2 Management analyzed the tax positions taken by ELC and ELF and concluded that as of December 31, 2013, there were no uncertain tax positions taken or are expected to be taken. Accordingly, no interest or penalties related to uncertain tax positions have been accrued in the accompanying consolidated financial statements. ANNUAL GALA 5045500 4441417 604083 604083 1425599 0 5045500 4441417 604083 604083 1425599 2029682 -1425599 true Inroads Inc 10 South Broadway Suite 300 St Louis MO 63102 620967197 501(c)(3) 50000 General Support North Carolina Central University 1801 Fayetteville Street Durham NC 27707 566000730 50000 General Support 1 1 AL Martins' Scholarship Award 5 25000 Business Case Competition Scholarships 12 70000 National Essay Competition 10 30000 Ann Fudge Scholarship 10 50000 FORM 990, SCHEDULE I, PART I, LINE 2 The Organization established milestones agreed upon with the recipient prior to executing the grant. Management of both organizations meet periodically to review how grant funds were expended and to ensure the funds are being accounted based on grant guidelines. false false false false false false false false false Ronald C Parker President & CEO 0 440000 0 0 0 2880 0 0 0 3888 0 446768 0 0 Brickson Diamond COO 0 278488 0 36383 0 1512 0 12250 0 8727 0 337360 0 0 Beryl H Isaac Dir of Acctng & Fin 0 200000 0 42000 0 2040 0 14000 0 3840 0 261880 0 0 Camilla McGhee Dir of Corp Council Svcs 0 190600 0 19100 0 2373 0 13342 0 4104 0 229519 0 0 Catrell Brown Dir of Communications 0 152908 0 0 0 1176 0 9068 0 2987 0 166139 0 0 PART I, LINE 3 THE PRESIDENT AND CEO IS PAID BY A RELATED ORGANIZATION WHO ESTABLISHES THE COMPENSATION. Sharp9 Entertainment Owner is Son of Key Emp. 10300 Musical Entertainment at Event false FORM 990, PART III, LINE 4D WOMEN'S LEADERSHIP FORUM: THE WOMEN'S LEADERSHIP FORUM AND BLACK WOMEN ON WALL STREET, A TWO-DAY LEADERSHIP DEVELOPMENT SYMPOSIUM, FOCUSES PRIMARILY ON SENIOR-LEVEL AFRICAN-AMERICAN WOMEN EXECUTIVES AND LEADERS IN THE CORPORATE, PUBLIC POLICY, LEGISLATIVE AND ACADEMIC ARENAS. THE BLACK WOMEN ON WALL STREET PANEL DISCUSSES THE INTERACTION BETWEEN SENIOR AFRICAN-AMERICAN WOMEN EXECUTIVES AND JUNIOR AND MID-LEVEL AFRICAN-AMERICAN CORPORATE WOMEN. THE SESSIONS COMPRISE HONEST, OPEN PANEL DISCUSSIONS ON KEY ISSUES FACING AFRICAN-AMERICAN CORPORATE WOMEN, THEIR ASCENT INTO LEADERSHIP POSITIONS, AND THEIR PROCESSES FOR OBTAINING AND MAINTAINING POWER. SCHOLARSHIP FUNDS: ANN FUDGE SCHOLARSHIP FUND: THE ANN FUDGE SCHOLARSHIP FUND HONORS ELC MEMBER AND CORPORATE TRAILBLAZER ANN M. FUDGE, FORMER CHAIRMAN AND CHIEF EXECUTIVE OFFICER, YOUNG & RUBICAM BRANDS. AL MARTINS' SCHOLARSHIP FUND: THE AL MARTINS' SCHOLARSHIP FUND MEMORIALIZES THE INTENSE COMMITMENT OF FOUNDING MEMBER, ALVARO MARTINS, A CORPORATE PIONEER NOTED FOR MENTORING AFRICAN-AMERICAN LEADERS IN HIGHER EDUCATION AND CORPORATE AMERICA. ANNUALLY, STUDENTS WRITE ESSAYS THAT DISCUSS THE ROLE AND BENEFITS OF GOLF AND ITS CROSS-OVER INTO THE BUSINESS ARENA. CEO SUMMIT: THE ANNUAL CEO DIVERSITY SUMMIT BRINGS MEMBER COMPANIES' CEOS AND ELC MEMBERS TOGETHER IN A DAY-LONG LEARNING ENVIRONMENT TO DISCUSS CORPORATE BEST-PRACTICES AND ISSUES RELATED TO WORKPLACE DIVERSITY. ESSAY/HONORS SYMPOSIUM: ANNUALLY, THE ESSAY/HONORS SYMPOSIUM COMPETITION PROVIDES 10 SCHOLARSHIPS AND MENTORING OPPORTUNITIES TO UNDERGRADUATE STUDENTS WHO WRITE AWARD-WINNING ESSAYS ON ASSIGNED BUSINESS TOPICS. AWARDEES ALSO PARTICIPATE IN WEEK-LONG HONORS SYMPOSIUMS HELD IN NEW YORK CITY AND WASHINGTON, D.C. WITH ELC'S MEMBERS AND SENIOR CORPORATE EXECUTIVES. FORM 990, PART VI, LINE 7A THE BOARD OF THE EXECUTIVE LEADERSHIP COUNCIL (ELC) APPOINTS ELEVEN OF THE FOURTEEN BOARD MEMBERS OF THE EXECUTIVE LEADERSHIP FOUNDATION. THE THREE REMAINING MEMBERS CONSIST OF THE PRESIDENT OF THE FOUNDATION, THE IMMEDIATE PAST CHAIR OF THE FOUNDATION, AND THE CURRENT VICE CHAIR OF ELC FORM 990, PART VI, LINE 7B THE ANNUAL OPERATING BUDGET OF THE FOUNDATION IS SUBJECT TO JOINT APPROVAL BY THE BOARD OF THE EXECUTIVE LEADERSHIP COUNCIL (ELC) AND THE BOARD OF THE EXECUTIVE LEADERSHIP FOUNDATION, ITSELF. ANY AMENDMENT, RESTATEMENT OR REPEAL OF THE FOUNDATION'S ARTICLES OF INCORPORATION OR BYLAWS ARE FIRST SUBMITTED TO THE BOARD OF ELC FOR APROVAL. FOLLOWING THE APPROVAL OF THE BOARD OF ELC, THE BOARD OF THE FOUNDATION VOTES WHETHER TO ADOPT THE AMENDMENT, RESTATEMENT OR REPEAL FORM 990, PART VI, LINE 11B UPON COMPLETION OF THE RETURN BY OUTSIDE TAX PREPARERS, THE FORM 990 IS FIRST REVIEWED BY MANAGEMENT AND IS THEN SUBMITTED TO THE AUDIT COMMITTEE WHO HAS THE DELEGATED RESPONSIBILITY OF REVIEWING THE RETURN PRIOR TO FILING BY THE BOARD OF DIRECTORS. AFTER THE AUDIT COMMITTEE REVIEWS AND IS IN AGREEMENT, THE RETURN IS FINALIZED AND SIGNED OFF BY THE OUTSIDE TAX PREPARERS AS WELL AS THE PRESIDENT & CEO OF THE COUNCIL. PRIOR TO FILING, THE FULL AND COMPLETE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 12A ELF MONITORS ITS CONFLICT OF INTEREST POLICY BY REQUIRING ALL NEW BOARD MEMBERS TO IDENTIFY ANY CONFLICT THAT MAY ARISE WITH THEM SERVING ON THE BOARD OF DIRECTORS OF ELF. THEY ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM. THIS PROCESS IS REPEATED ANNUALLY WITH NEW AND CONTINUING MEMBERS. FORM 990, PART VI, LINE 15A & 15B THE PRESIDENT AND CEO, OTHER OFFICERS, AND KEY EMPLOYEES OF THE FOUNDATION ARE PAID BY A RELATED PARTY WHO ESTABLISHES THE COMPENSATION. FORM 990, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Executive Leadership Council inc 1001 N Fairfax Street Alexandria VA 22314 521583401 SEE PART VII DC 501(c)(6) N/A NA false false false false false false false false false true false false false true false true true false false Executive Leadership Council Inc JNOPQ 628755 PER BOOKS Form 990, Schedule R, Part II, Column (b) THE PRIMARY PURPOSE OF ELC IS TO PROVIDE AFRICAN-AMERICAN EXECUTIVES WITH A NETWORK AND FORUM TO OFFER PERSPECTIVE AND DIRECTION TO AFRICAN AMERICAN EXECUTIVES ON ECONOMIC, BUSINESS, AND PUBLIC POLICY ISSUES.