2013-08-14T10:37:17-05:00 2012-09-30 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2011-10-01 521706852 CDC DEVELOPMENT SOLUTIONS INC CDCD 2028720933 1030 15TH STREET NW NO 730E WASHINGTON DC 20005 MOUSSA DIOUF 2028720933 2013-08-14 1 WILLIAM E TURCO CPA P00369217 3012963600 2011 2016-02-25 16:41:14Z DEIRDRE WHITE 1030 15TH STREET NW NO 730E WASHINGTON DC 20005 7363168 0 X WWW.CDC.ORG X 1990 DE CDC DEVELOPMENT SOLUTIONS LEVERAGES PUBLIC, PRIVATE AND VOLUNTEER RESOURCES TO STRENGTHEN SMES AND THE INSTITUTIONS, GOVERNMENTS, AND INDUSTRIES THAT DRIVE ECONOMIC GROWTH IN EMERGING MARKETS. 12 10 32 396 0 0 5907608 7314773 89 47575 2138 820 0 0 5909835 7363168 81594 47481 0 0 2684382 2340062 0 0 0 3792675 4989206 6558651 7376749 -648816 -13581 1202602 3064631 1278016 3153626 -75414 -88995 X CDC DEVELOPMENT SOLUTIONS LEVERAGES PUBLIC, PRIVATE AND VOLUNTEER RESOURCES TO STRENGTHEN SMES AND THE INSTITUTIONS, GOVERNMENTS, AND INDUSTRIES THAT DRIVE ECONOMIC GROWTH IN EMERGING MARKETS. 1 0 4083420 45948 47575 GLOBAL CITIZENSHIP & VOLUNTEERISM:WE RECRUIT, TRAIN, PLACE AND SUPPORT SKILLED VOLUNTEERS WHO PROVIDE SKILLS-BASED PRO BONO CONSULTING TO SMALL BUSINESSES, EDUCATIONAL INSTITUTIONS, NGOS, ADVOCACY ORGANIZATIONS, ASSOCIATIONS, LOCAL GOVERNMENTS, AND COMMUNITIES - ALL WHICH BENEFIT FROM THIS HIGHLY EFFECTIVE FORM OF FOREIGN ASSISTANCE AND CITIZEN DIPLOMACY. 560450 1533 SUPPLY CHAIN DEVELOPMENT:WE APPLY UNIQUE METHODS TO HARNESS THE POWER OF THE TOURISM SECTOR AS A DRIVER OF ECONOMIC DEVELOPMENT, CREATING OPPORTUNITIES FOR SMALL AND MEDIUM SIZE BUSINESSES, WOMEN, AGRICULTURAL PRODUCERS, AND OTHERS WORKING WITHIN TOURISM SUPPLY CHAINS IN EMERGING MARKETS. THOUGH WE DO NOT YET HAVE ACTIVE PROGRAMS IN THIS PRACTICE, WE ARE DEVELOPING SEVERAL LEADS AND SEE IT AS A SOURCE OF OPPORTUNITIES FOR YEARS TO COME. 258161 STABILITY & ECONOMIC RECOVERY:WE PROMOTE GROWTH AND SUSTAINABLE LIVELIHOODS IN CHALLENGING ENVIRONMENTS WITH PROGRAMS THAT MITIGATE THE ROOT ECONOMIC CAUSES OF CONFLICT, MINIMIZE THE CONDITIONS FOR A RETURN TO VIOLENCE IN POST-CONFLICT STATES, AND ASSIST IN RECOVERY IN THE WAKE OF NATURAL DISASTERS. 4902031 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 32 1 0 1 GH NI 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X MOUSSA DIOUF 2028720933 1030 15TH STREET NW NO 730E WASHINGTON DC 20005 MICHAEL KERNAN 1.00 X X 0 0 0 LEW W CRAMER 1.00 X 0 0 0 WILLIAM DELPHOS 1.00 X 0 0 0 SHARI HUBERT 1.00 X 0 0 0 JAMES L HICKMAN 1.00 X 0 0 0 JIM JAFFE 1.00 X 0 0 0 PHILIP H MIRVIS 1.00 X 0 0 0 PEDRO RAMOS 1.00 X 0 0 0 TOM SCHNEIDER 1.00 X 0 0 0 HOLLY WISE 1.00 X 0 0 0 DEIRDRE WHITE 50.00 X X 225876 0 21577 MICHAEL A LEVETT 50.00 X X 160400 0 16369 MOUSSA DIOUF 50.00 X 147596 0 17827 ROBERT WEBSTER 50.00 X 163331 0 22566 SHAUN DOHERTY 50.00 X 117618 0 19007 KIMBERLI JETER 50.00 X 106805 0 15667 921626 0 113013 6 0 1 0 0 902583 6412190 7314773 PROGRAM INCOME 900099 47575 47575 47575 820 820 7363168 47575 0 820 47481 47481 814639 125386 689253 743122 560771 182351 68929 25349 43580 583499 369110 214389 129873 57206 72667 932660 736718 195942 3648 3648 36000 36000 34584 34584 600 600 41853 26735 15118 12804 12804 547985 346535 201450 2353134 2255905 97229 36526 36526 8547 8547 125567 125567 81823 17087 64736 OTHER EXPENSES 387244 192182 195062 LOSS ON SUBLEASE 280313 280313 VALUE ADDED TAX 53439 53439 FURN EQUIP & VEHICLE 52479 47353 5126 7376749 4902031 2474718 0 656246 304013 289979 1678895 111469 96399 1174345 228327 135078 946018 9830 39306 1202602 3064631 467896 789276 579087 541455 386000 231033 1436895 1278016 3153626 X -75414 -88995 -75414 -88995 1202602 3064631 -13581 0 X 0 1 1 X 1 1 X 4447736 7046238 7705257 5907608 7314773 32421612 4447736 7046238 7705257 5907608 7314773 32421612 20474336 11947276 6239 2043 2138 820 11240 32432852 53575 0.36840 0.38730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 776046 73252 702794 398299 155075 243224 946018 DEFERRED RENT 1101564 ACCRUED LOSS ON SUBLEASE, NET 295628 SECURITY DEPOSIT SUBTENANTS 39703 1436895 7363168 7376749 -13581 -13581 18282873 10919705 10919705 7363168 0 7363168 18296454 10919705 10919705 7376749 0 7376749 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: CDS IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. IN ADDITION, CDS QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. BUSINESS INCOME THAT IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. CDS HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, CDS 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 FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT 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. CDS DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME FOR THE YEAR ENDED SEPTEMBER 30, 2011. GENERALLY, CDS IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX POSITIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. 1 CENTRAL AMERICA AND THE CARIBBEAN - 0 1 PROGRAM SERVICES TRAINING/CORPORATE SERVICE 1107895 EAST ASIA AND THE PACIFIC - 2 2 PROGRAM SERVICES TRAINING/CORPORATE SERVICE 1845920 EUROPE (INCLUDING ICELAND & GREENLAND) - 1 1 PROGRAM SERVICES TRAINING/CORPORATE SERVICE 215393 MIDDLE EAST AND NORTH AFRICA - 0 0 PROGRAM SERVICES TRAINING/CORPORATE SERVICE 151268 NORTH AMERICA - CANADA AND MEXICO, BUT 0 0 PROGRAM SERVICES TRAINING/CORPORATE SERVICE 42483 RUSSIA & THE NEWLY INDEPENDENT STATES - 0 0 PROGRAM SERVICES TRAINING/CORPORATE SERVICE 275350 SOUTH AMERICA - ARGENTINA, BOLIVIA, 0 3 PROGRAM SERVICES TRAINING/CORPORATE SERVICE 205828 SUB-SAHARAN AFRICA - ANGOLA, 3 9 PROGRAM SERVICES STI TRAINING/CORPORATE SERVICE 3072158 MIDDLE EAST AND NORTH AFRICA - 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 17921 NORTH AMERICA - CANADA AND MEXICO, BUT 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 13300 RUSSIA & THE NEWLY INDEPENDENT STATES - 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 3600 SUB-SAHARAN AFRICA - ANGOLA, 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 12660 6 16 0 0 6 16 6916295 47481 6963776 STIPEND MIDDLE EAST AND NORTH AFRICA 1 17921 WIRE STIPEND NORTH AMERICA 1 13300 WIRE STIPEND RUSSIA & THE NEWLY INDEPENDENT STATES 1 3600 WIRE STIPEND SUB-SAHARAN AFRICA 3 12661 WIRE 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: CDS MAINTAINS A SYSTEM OF CONTROL PROCEDURES IN ADDITION TO ACCOUNTING POLICIES THAT HAVEBEEN ESTABLISHED TO PROVIDE REASONABLE ASSURANCE THAT ASSETS ARE SAFEGUARDED AND SPECIFIC OBJECTIVES ARE ACHIEVED. X X X 0 0 0 0 0 0 0 0 0 DEIRDRE WHITE 225696 0 0 0 180 0 11250 0 14131 0 251257 0 0 0 MICHAEL A LEVETT 160400 0 0 0 0 0 8050 0 9115 0 177565 0 0 0 MOUSSA DIOUF 147416 0 0 0 180 0 7500 0 14829 0 169925 0 0 0 ROBERT WEBSTER 162621 0 0 0 710 0 8131 0 15790 0 187252 0 0 0 NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 IN OCTOBER 2011, CDS WAS AWARDED $1,690,351 THROUGH A SUBGRANT AGREEMENT WITH PHI. THE PURPOSE OF THE AGREEMENT IS TO PROVIDE SUPPORT TO THEIR CORPORATE VOLUNTEER PROGRAM. IN FEBRUARY 2012, SAP CONTRACTED WITH CDS TO DESIGN AND IMPLEMENT THEIR ICV PROGRAM. THE CONTRACT IN THE AMOUNT OF $376,900 RUNS THROUGH DECEMBER 2013. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING THE FORM 990, IT IS SENT TO THE PRESIDENT & CEO, DEIRDRE WHITE AND THE SENIOR DIRECTOR & VICE CHAIR OF THE BOARD, MICHAEL LEVETT, FOR THEIR REVISION. OTHER MEMBERS OF THE BOARD ARE PROVIDED AN ELECTRONIC COPY OF THE FULL FORM 990 AND AN OPPORTUNITY TO COMMENT ON IT. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT AND BOARD MEMBERS ARE ASKED TO DISCLOSE ANY BUSINESS AND/OR FAMILY RELATIONSHIPS WITH OTHER MEMBERS OF THE ORGANIZATION AND CLIENTS. ONCE DISCLOSED, THE OTHER MEMBERS WOULD THEN DETERMINE WHETHER OR NOT, A POTENTIAL CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED THAT SUCH CONFLICT EXIST, A COURSE OF ACTION IS TAKEN. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT AND OTHER EMPLOYEES IS REVIEWED ANNUALLY. CEO & VICE CHAIR OF THE BOARD, MICHAEL LEVETT'S SALARY IS APPROVED BY THE BOARD. EACH DECEMBER, THE EXECUTIVE TEAM COMPRISED OF, THE PRESIDENT & COO, CEO & VISE CHAIR OF THE BOARD, VICE PRESIDENT AND CFO MEET TO ESTABLISH THE GUIDELINES FOR COMPENSATION FOR THE COMING YEAR. THE COMPENSATION PACKAGE IS A COMBINATION OF SALARY INCREASE AND BONUSES. SALARY INCREASE IS BASED ON INDIVIDUAL PERFORMANCE IN ACHIEVING THE COMPANY GOALS AND SALARY GUIDE FOR THE INDUSTRY. BONUS PAY IS BASED ON THE COMPANY'S FINANCIAL PERFORMANCE AND THE INDIVIDUAL'S CONTRIBUTION TOWARDS MEETING THE FINANCIAL GOAL. DURING THIS PROCESS, THE EXECUTIVE TEAM TAKES IN AND GOES OVER EACH ANNUAL PERFORMANCE REVIEW AND UPDATED JOB DESCRIPTIONS FOR EACH POSITION AND COMPARES THEM TO MARKET DATA TO ENSURE A COMPETITIVE PAY FOR ALL EMPLOYEES. EACH DECEMBER, THE EXECUTIVE TEAM COMPRISED OF, THE PRESIDENT & COO, CEO & VISE CHAIR OF THE BOARD, VICE PRESIDENT AND CFO MEET TO ESTABLISH THE GUIDELINES FOR COMPENSATION FOR THE COMING YEAR. THE COMPENSATION PACKAGE IS A COMBINATION OF SALARY INCREASE AND BONUSES. SALARY INCREASE IS BASED ON INDIVIDUAL PERFORMANCE IN ACHIEVING THE COMPANY GOALS AND SALARY GUIDE FOR THE INDUSTRY. BONUS PAY IS BASED ON THE COMPANY'S FINANCIAL PERFORMANCE AND THE INDIVIDUAL'S CONTRIBUTION TOWARDS MEETING THE FINANCIAL GOAL. DURING THIS PROCESS, THE EXECUTIVE TEAM GOES OVER EACH ANNUAL PERFORMANCE REVIEW AND UPDATED JOB DESCRIPTIONS FOR EACH POSITION AND COMPARES THEM TO MARKET DATA TO ENSURE A COMPETITIVE PAY FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 CDC DEVELOPMENT SOLUTIONS, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.