CORPORATE LEADERSHIP CENTER: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CORPORATE LEADERSHIP CENTER (EIN 11-3655687)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-09
- IRS object ID
- 201211309349300911
- Schema version
- 2011v1.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-09T08:40:56-07:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KNUTTE & ASSOCIATES PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 S CASS AVE STE 210 | AddressLine1 |
| City | DARIEN | City |
| State | IL | State |
| ZIP Code | 605615066 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113655687 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORPORATE LEADERSHIP CENTER NFP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CORP | NameControl |
| Phone | 6309200529 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8237 GREYSTONE CT | AddressLine1 |
| City | BURR RIDGE | City |
| State | IL | State |
| ZIP Code | 60527 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHERYL FRANCIS | Name |
| Title | Treasurer | Title |
| Date Signed | 2012-05-09 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH KNUTTE CPA | Name |
| Phone | 6309603317 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CHERYL FRANCIS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8237 GREYSTONE CT | AddressLine1 |
| City | BURR RIDGE | City |
| State | IL | State |
| ZIP Code | 60527 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1468333 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CORPORATELEADERSHIP.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2002 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | CORPORATE LEADERSHIP CENTER, NFP IS A UNIQUE, COLLABORATIVE BUSINESS-ACADEMIC FORUM THAT AUGMENTS AND ACCELERATES THE DEVELOPMENT OF TOMORROW'S CORPORATE LEADERS, AND ADVANCES BUSINESS LEADERSHIP PRACTICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 4 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 3 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 50000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 50000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1333327 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1278276 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 12626 | InvestmentIncomePriorYear |
| Investment Income Current Year | 56697 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1395953 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1384973 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 50000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 100000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Current Year | 50000 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 927103 | OtherExpensePriorYear |
| Other Expenses Current Year | 807857 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 977103 | TotalExpensesPriorYear |
| Total Expenses Current Year | 957857 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 418850 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 427116 | RevenuesLessExpensesCY |
| Total Assets BOY | 1971679 | TotalAssetsBOY |
| Total Assets EOY | 2112667 | TotalAssetsEOY |
| Total Liabilities BOY | 368060 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 146918 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1603619 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1965749 | NetAssetsOrFundBalancesEOY |
| Mission Description | CORPORATE LEADERSHIP CENTER, NFP (CLC) WAS FOUNDED TO AUGMENT AND ACCELERATE THE DEVELOPMENT OF TOMORROW'S CORPORATE LEADERS. IN PARTNERSHIP WITH KELLOGG SCHOOL OF MANAGEMENT AND THE MIDWEST'S PREEMINENT BUSINESS LEADERS, CLC'S FLAGSHIP INITIATIVE, CEO PERSPECTIVES, NOW IN ITS 8TH YEAR, PROVIDES IMMERSION, APPLICATION AND FEEDBACK ON THOSE ISSUES THAT TODAY'S CEO CANNOT DELEGATE. IT COMBINES ACADEMIC CONCEPTS AND BUSINESS APPLICATIONS IN A DIALOGUE AMONG TOP ACADEMICS, BUSINESS ADIVSORS, CEOS AND THE PROGRAM'S PARTICIPANTS - A DIVERSE GROUP OF TOP EXECUTIVES. CLC PLAYS A KEY ROLE IN CURRICULUM DEVELOPMENT, CLASS FACILITATION AND RECRUITMENT FOR CEO PERSPECTIVES AND LEADS NETWORKING EVENTS FOR FELLOW OF THE PROGRAM.IN 2009, CLC LAUNCHED ITS SECOND EDUCATIONAL ENDEAVOR, LEADING WOMEN EXECUTIVES - A PROGRAM RUN BY CLC ALONE. THIS PROGRAM IS TARGETED AT MID-CAREER, HIGH-POTENTIAL WOMEN AND THEIR COMPANIES. THE OBJECTIVE IS TO IMPROVE THE TRACK RECORD OF WOMEN'S ADVANCEMENT IN CORPORATIONS | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 739980 | Expense |
| Revenue | 1080000 | Revenue |
| Description | LEADING WOMEN EXECUTIVES IS OFFERED TO A LIMITED NUMBER OF CEO-SPONSORED, HIGH-POTENTIAL FEMALE BUSINESS LEADERS. COMPANIES COMPLETE AN ASSESSMENT OF ORGANIZATIONAL PROGRESS AND ISSUES REGARDING RETENTION AND ADVANCEMENT OF WOMEN EXECUTIVES, AND ASSIGN SENIOR INTERAL ADVOCATES TO SUPPORT THEIR LEADING WOMEN EXECUTIVES PARTICIPANTS. PARTICIPANTS ENGAGE IN INTENSIVE LEADERSHIP SESSIONS OVER SEVEAL MONTHS, APPLYING RESEARCH INSIGHTS AND CREATING A PERSONAL ACTION PLAN. THE IMPLICATIONS FOR EACH PARTICIPATING COMPANY ARE REVIEWED AT THE PROGRAM'S COMPLETION. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 78570 | Expense |
| Grants | 50000 | Grants |
| Revenue | 198276 | Revenue |
| Description | CEO PERSPECTIVES IS A GROUND-BREAKING COLLABORATION BETWEEN CORPORATE LEADERSHIP CENTER, KELLOGG SCHOOL OF MANAGEMENT, AND CEOS FO MAJOR CORPORATIONS, THIS INNOVATIVE PROGRAM FOCUSES ON THE CEO'S AGENDA - ISSUES THAT THE CEO CANNOT DELEGATE. PARTICIPANTS GAIN EXPERIENCE OUTSIDE THEIR COMPANY AND INDUSTRY BOUNDARIES BY INTERACTING WITH THE BRIGHTEST MINDS AND MOST EFFECTIVE PRACTITIONERS TO ASK THE RIGHT QUESTIONS AND MAKE BETTER DECISIONS THROUGH THOUGHTFUL FRAMING AND INSIGHTS FROM OTHERS. THE PROGRAM IS VALUABLE AS KEY EXECUTIVES MAKE A TRANSITION FROM FUNCTIONAL OR BUSINESS LINE EXPERTISE TO COMPANY-WIDE EFFECTIVENESS, PROVIDING SHORT, CONCENTRATED SESSIONS SPREAD OVER SEVERAL MONTHS WHILE BUILDING AN ONGOING PEER NETWORK. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 50000 | Expense |
| Grants | 50000 | Grants |
| Description | CORPORATE LEADERSHIP CENTER SPONSORS HIGH QUALITY RESEARCH ON ISSUES RELATING TO CORPORATE LEADERSHIP. ISSUES INCLUDE (1) THE RELATIONSHIP BETWEEN A COMPANY'S VALUE SYSTEM AND ITS ECONOMIC SUCCESS; (2) EFFECTIVE STRATEGIES FOR RETAINING AND DEVELOPING TALENT; (3) ARE WOMEN AND MINORITIES LEAVING TOP EXECUTIVE POSITIONS FASTER AND EARLIER THAN MEN AND IF SO, WHY AND WHAT WOULD CHANGE THESE RETENTION PATTERNS; AND (4) THE RELATIONSHIP BETWEEN REPRESENTATION OF DIVERSE BACKGROUNDS AND VIEWPOINTS IN EXECUTIVE RANKS AND CORPORATE SUCCESS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 868550 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 22 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Employment Tax Returns Filed | false | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Quid Pro Quo Disclosure | false | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 4 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 3 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CHERYL FRANCIS | NamePerson |
| Telephone Number | 6309200529 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8237 GREYSTONE CT | AddressLine1 |
| City | BURR RIDGE | City |
| State | IL | State |
| ZIP Code | 60527 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (4 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| JOHN MADIGAN | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| PATRICIA CARLSON | ||||||
| Secretary | 1.00 | X | 0 | 0 | 0 | X |
| CHERYL FRANCIS | ||||||
| Treasurer | 10.00 | X | 0 | 0 | 0 | X |
| SHEILA PENROSE | ||||||
| President | 10.00 | X | 50000 | 0 | 0 | X |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 50000 | TotalReportableCompFromOrg |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SAKACH CONSULTING LLC | |||||
| 600 TURNER AVENUE | GLEN ELLYN | IL | 60137 | CONSULTING | 151981 |
| NEGOTIATING WOMEN INC | |||||
| 337 E 50TH STREET SUITE 1F | NEW YORK | NY | 10022 | INSTRUCTIONAL | 149000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| All Other Contributions | 50000 | AllOtherContributions |
| Total Contributions | 50000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| TUITION LEADING WOMEN EXE | 1080000 | 1080000 |
| TUITION CEO PERSPECTIVES | 198276 | 198276 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1278276 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 39906 | TotalRevenueColumn |
| Exclusion | $39,906 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 100151 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 83360 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 16791 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16791 | TotalRevenueColumn |
| Exclusion | $16,791 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1384973 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1278276 | RelatedOrExemptFunctionIncome |
| Exclusion | $56,697 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100000 | Total |
| Program Services | 100000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50000 | Total |
| Program Services | 50000 | ProgramServices |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6935 | Total |
| Management And General | 6935 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34550 | Total |
| Management And General | 34550 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19937 | Total |
| Program Services | 1365 | ProgramServices |
| Management And General | 18572 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 646 | Total |
| Program Services | 646 | ProgramServices |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8000 | Total |
| Program Services | 8000 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15211 | Total |
| Program Services | 14433 | ProgramServices |
| Management And General | 778 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 377626 | Total |
| Program Services | 377626 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1291 | Total |
| Program Services | 681 | ProgramServices |
| Management And General | 610 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1298 | Total |
| Management And General | 1298 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| PROGRAM DIRECTOR FEES | 176273 | 176273 | |
| MARKETING | 46698 | 33461 | 13237 |
| CURRICULUM MATERIALS | 29716 | 29716 | |
| CONSULTING FEES | 23343 | 10278 | 13065 |
| ACADEMIC ADVISORS | 40000 | 40000 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26333 | Total |
| Program Services | 26071 | ProgramServices |
| Management And General | 262 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 957857 | Total |
| Program Services | 868550 | ProgramServices |
| Management And General | 89307 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1245281 | BOY |
| EOY | 885798 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 50000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 153343 | BOY |
| EOY | 121366 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1298 | BOY |
| EOY | 36298 | EOY |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 560341 | BOY |
| EOY | 1008417 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11416 | BOY |
| EOY | 10788 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1971679 | BOY |
| EOY | 2112667 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 198060 | BOY |
| EOY | 26918 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170000 | BOY |
| EOY | 120000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 368060 | BOY |
| EOY | 146918 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1603619 | BOY |
| EOY | 1915749 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 50000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1603619 | BOY |
| EOY | 1965749 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1971679 | BOY |
| EOY | 2112667 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 427116 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -64986 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 100000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus2 Years | 50000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 50000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 50000 | CurrentTaxYear |
| Total | 250000 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 205204 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 234269 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 812806 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1333327 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1278276 | CurrentTaxYear |
| Total | 3863882 | Total |
Gross Receipts From Non UBI GrossReceiptsFromNonUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 305204 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 234269 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 862806 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1383327 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1328276 | CurrentTaxYear |
| Total | 4113882 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 40204 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 49259 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 415406 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 368016 | CurrentTaxYearMinus1Year |
| Current Tax Year | 354854 | CurrentTaxYear |
| Total | 1227739 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 40204 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 49259 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 415406 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 368016 | CurrentTaxYearMinus1Year |
| Current Tax Year | 354854 | CurrentTaxYear |
| Total | 1227739 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 2886143 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 21046 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 10570 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1139 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 12626 | CurrentTaxYearMinus1Year |
| Current Tax Year | 39906 | CurrentTaxYear |
| Total | 85287 | Total |
Post1975 UBTI Post1975UBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 21046 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 10570 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1139 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 12626 | CurrentTaxYearMinus1Year |
| Current Tax Year | 39906 | CurrentTaxYear |
| Total | 85287 | Total |
Net Income From Other UBI NetIncomeFromOtherUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 326250 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 244839 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 863945 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1395953 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1368182 | CurrentTaxYear |
| Total | 4199169 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.68730 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.67180 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.02030 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.02000 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue | 1384973 | TotalRevenue |
| Total Expenses | 957857 | TotalExpenses |
| Excess Or Deficit For Year | 427116 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -94986 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | 30000 | PriorPeriodAdjustments |
| Total Adjustments | -64986 | TotalAdjustments |
| Excess Or Deficit Per FS | 362130 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1384973 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 1384973 | RevenueSubtotal |
| Total Revenue Per Form990 | 1384973 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1052843 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 94986 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 94986 | ExpensesNotRptdF990 |
| Expenses Subtotal | 957857 | ExpensesSubtotal |
| Total Expenses Per Form990 | 957857 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X | Part X : FIN48 Footnote | FASB Accounting Standard Codification (ASC) 740, Income Taxes clarifies the accounting uncertainty in income taxes recognized in an organization's financial statements. ASC 740 provides that a tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on technical merits. Income tax positions must be a more likely-than-not recognition threshold at the effective date to be recognized upon the adoption of ASC 740 and in subsequent periods. This interpretation also provides guidance on measurement, derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. CLC adopted ASC 740 for the fiscal year ended December 31, 2009. The adoption of ASC 740 had no impact on CLC's financial position or results of operations. The only tax years subject to examination by major tax jurisdictions are those within the statutory limits. |
| Part XIII, Line 2d | Part XIII, Line 2d: Other expenses and losses per audited F/S | UNREALIZED LOSS ON INVESTMENTS $94986 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|
| KELLOGG SCHOOL OF MANAGEMENT | ||||||||
| 2001 SHERIDAN ROAD | EVANSTON | IL | 60208 | 362167817 | 3 | 50000 | 0 | EDUCATION |
| JOHNSON GRAD SCHOOL OF MGMT | ||||||||
| 130 E SENECA STREET STE 400 | ITHACA | NY | 14850 | 150532082 | 3 | 50000 | 0 | RESEARCH ON EXECUTIVE LEADERSHIP |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | CLC'S CONFLICT OF INTEREST POLICY REQUIRES DISCLOSURE OF ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. CLC MONITORS SUCH DISCLOSURES AND REVIEWS THE DISCLOSURES OF FINANCIAL INTERESTS AND ALL MATERIAL FACTS TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. |
| Form 990, Part VI, Line 11 | Form 990, Part VI, Line 11: Form 990 Review Process | A COPY OF THE FORM 990 IS REVIEWED BY THE CO-CHAIRMAN/TREASURER PRIOR TO FILING. |
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