2011-02-15T10:44:47-06:00 2010-03-31 RSM McGladrey Inc 230 N Elm St Ste 1100 Greensboro NC 27401 990 2009-04-01 237079591 CENTER FOR CREATIVE LEADERSHIP CENT 3362887210 PO BOX 26300 ONE LEADERSHIP PLACE GREENSBORO NC 27438 BRADLEY E SHUMAKER 3362887210 2011-02-15 1 Tamela Freedman 3362724551 2009 2016-02-24 21:20:13Z JOHN R RYAN PO BOX 26300 ONE LEADERSHIP PLACE GREENSBORO NC 27438 66386198 0 X WWW.CCL.ORG X 1970 NC We believe in putting our clients first. Our nonprofit heritage and educational mission give us unusual flexibility in a world where profit motives often drive or confine thinking. We have the freedom to be objective, wary of short-term trends and motivated foremost by our mission - to advance the understanding, practice and development of leadership for the benefit of society worldwide. We have the freedom to focus on your success. 19 18 539 42 -61530 -61530 1295164 554405 80993354 61784653 290739 -5165926 2660344 2411632 85239601 59584764 0 0 50028407 38336547 0 697456 42806926 32835486 92835333 71172033 -7595732 -11587269 109269331 118140205 22472920 23152099 86796411 94988106 To fully realize our mission, the Center will create new knowledge that advances our field and that positively transforms the way leaders, their organizations and their societies confront the most difficult challenges of the 21st century. These imperatives require that the Center become the preeminent global institution for leadership development and research. 0 0 3758194 12194999 Leadership Development Program (LDP): LDP is Center for Creative Leadership's ("CCL") flagship executive education program and is attended by more executives worldwide than any similar type program. Participants of the program tend to be middle to senior level executives from the private, government, military, education and nonprofit sectors. The program includes five days of on-site instruction surrounded by intense pre and post work assignments. The primary objective of the program is to assist the participant in increasing his or her leadership capacity through a feedback intensive learning experience and hand-on activities. During the fiscal year ended March 31, 2010, 1,883 participants attended the LDP program. 913339 2302149 Leadership at the Peak (LAP): LAP is CCL's most senior level executive education program and is targeted for participants who are at the highest executive positions within their organization. Most participants are either the CEO of their organization or a direct report of the CEO. This program is characterized by low class size and a high faculty to student ratio. The program includes five days of on-site instruction with significant pre and post work assignments. The program allows for intense learning among class participants and is geared to address the demands and needs of top executives. Participants come from all sectors of business including government, military, nonprofit, educational and private with the objective of expanding their leadership capacity. During the fiscal year ended March 31, 2010, 219 participants attended the LAP program. 556866 2457961 The Looking Glass Experience (LGE): LGE is a simulation based executive education program targeted for middle to senior level executives who desire to increase their leadership capacity . The program offers behavioral assessment through a realistic action learning process and includes five days of on-site instruction with pre and post program assignments. Participants to the LGE program are from the private, government, military, educational and nonprofit sectors. During the fiscal year ended March 31, 2010, 417 participants attended the LGE program. 58650167 38028310 OTHER PROGRAM SERVICES 58650167 38028310 63878566 1 1 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 484 0 539 1 1 1 1 BE SN RS FR UK IN 0 0 0 0 0 0 0 19 18 1 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 CA NC X BRADLEY E SHUMAKER 3362864008 ONE LEADERSHIP PLACE GREENSBORO NC 27410 INGAR SKAUG 4.00 X X 48283 0 0 JOHN R RYAN 40.00 X X 362594 0 88042 RAYMOND M BURSE 2.00 X X 9300 0 0 SUE W COLE 2.00 X 9300 0 0 CUTLER DAWSON 2.00 X 9300 0 0 JOHN W HANDY 2.00 X 3750 0 0 W WINBURNE KING III 2.00 X 14828 0 0 VICTORIA J MARSICK PHD 2.00 X 9300 0 0 MARC NOEL 2.00 X 0 0 0 PETER L RICHARDSON 2.00 X X 41100 0 0 THOMAS W ROSS 2.00 X 9300 0 0 DAVID A THOMAS PHD 2.00 X 8700 0 0 ILENE C WASSERMAN PHD 2.00 X 8700 0 0 ERIC R CALHOUN 2.00 X 4300 0 0 HAYNES G GRIFFIN 2.00 X 4300 0 0 L RICHARDSON PREYER JR 2.00 X 5500 0 0 TYLER B RICHARDSON 2.00 X 4727 0 0 NAOMI MARROW 2.00 X X 5550 0 0 JOSEPH B ANDERSON JR 2.00 X 4350 0 0 KATHY E KRAM 2.00 X 4950 0 0 NENAD PACEK 2.00 X 0 0 0 CAROLYN Y WOO PHD 2.00 X 0 0 0 DAVID G ALTMAN 40.00 X 201299 0 21592 BRUCE B BYINGTON 40.00 X 191287 0 17936 PAUL J DRAEGER 40.00 X 133672 0 17818 MONA G EDWARDS 40.00 X 118452 0 10740 PORTIA R MOUNT 40.00 X 158101 0 14112 WILLIAM A PASMORE 40.00 X 225657 0 17046 RUDI PLETTINX 40.00 X 270764 0 42306 BRADLEY E SHUMAKER 40.00 X 229669 0 16950 GUYLAINE A RENAUD 40.00 X 127334 0 12990 SUREISH NATHAN 40.00 X 148130 0 6151 JOAN SHIELDS 40.00 X 150519 0 15402 JOHN F FERGUSON 40.00 X 156817 0 15465 DONALD W PRINCE 40.00 X 152969 12089 13815 NATALIE POTHIER 40.00 X 148706 0 17360 DEBRA J ZALESCHUK 40.00 X 146421 0 20524 MICHAEL VAN IMPE 40.00 X 206295 0 29177 SARA N KING 40.00 X 157711 0 15311 DARREL L HANDGRAAF 40.00 X 144056 0 12066 WALT ULMER X 81500 0 0 3717491 12089 404803 105 1 1 0 DATA SOLUTIONS 5900 BAKER ROAD MINNETONKA MN 55345 PROGRAM MODELING AND CONSULTING SERVICES 918813 EPICOR SOFTWARE CORPORATION 18200 VON KARMAN AVE SUITE 1000 IRVINE CA 92612 IT CONSULTING SERVICES 732403 TEK SYSTEMS PO BOX 198568 ATLANTA GA 30384 IT CONSULTING SERVICES 355874 PLATINUM EUROPE SANV BOULEVARD DU SOUVERAIN 100 BRUSSELS BE BE-1170 CONSULTING SERVICES 344769 FEDERAL EXPRESS CORP 3131 DEMOCRATIC ROAD MEMPHIS TN 38118 SHIPPING SERVICES 340858 32 554405 554405 PROFESSIONAL INCOME 611600 33372825 33372825 TUITION INCOME 611600 20259382 20259382 PUBLICATION SALES 611600 3626149 3626149 PRGM & RESEARCH GRANTS 611600 3220065 3220065 TEST & MATERIALS SALES 611600 1306232 1306232 61784653 1633024 16149 1616875 1855220 138 1855082 2284 200 6801434 -6799150 200 -6798950 -6801234 2284 CAFETERIA SALES 611710 98100 98100 EXCHANGE RATE GAINS 611710 45961 45961 K-1 OTHER INCOME 611710 -50373 -80101 29728 462724 462724 556412 59584764 54983419 -61530 4108470 2770990 1481331 1267574 22085 28669131 26814515 1601914 252702 700658 663557 32858 4243 3085355 2848820 198324 38211 3110413 2608975 481474 19964 13623459 13152749 240674 230036 102236 83375 18005 856 254048 111025 142721 302 1048 1048 132977 61169 71808 2160912 2143549 17363 3230453 2999570 214961 15922 59510 54978 3805 727 3201189 3073084 123623 4482 3030465 2850963 162559 16943 207354 207354 122423 98930 23402 91 4302707 3320496 929186 53025 269158 171316 93488 4354 PUBLICATIONS 3842425 3838417 404 3604 MEALS 1385563 1374424 2589 8550 DEDUCTIONS FROM K-1 763858 763858 TAXES & FEES 313168 301743 10906 519 CONTR FOREIGN CORP EXPS -6314844 -6314844 2147377 1932022 211878 3477 71172033 63878566 6596011 697456 2020 1904 4996181 4983205 19214218 24144940 734658 754212 1257821 1154462 58757511 34868264 26056394 23889247 57008039 63212235 109269331 118140205 13024256 11490468 7751809 10403578 1666908 1250009 29947 8044 22472920 23152099 X 35869207 35403889 46094867 54335805 4832337 5248412 86796411 94988106 109269331 118140205 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42296385 416075 11593695 2498261 51807894 62129968 -17077649 2755934 42296385 0.89870 0.10130 0 0 25325061 8931796 16393265 33410958 25936468 7474490 21492 21492 23889247 MOORINGS CAPITAL, LLC 58920873 F DEFERRED COMPENSATION PLAN 380279 F REAL ESTATE INVESTMENT TRUST 3149086 F INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - RUSSIA (CFC) 597811 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - SINGAPORE (CFC) 58340 C INVESTMENT IN CENTER FOR CREATIVE LEADERSHIP - INDIA (CFC) 105846 C 63212235 NON CONTROLLING INTEREST IN CONSOLIDATED SUBSIDIARY 8044 8044 59584764 71172033 -11587269 522624 -541447 19797787 19778964 8191695 86069231 522624 777491 25185600 26485715 59583516 1048 200 1248 59584764 78119211 1318938 -200 6393346 7712084 70407127 1048 763858 764906 71172033 Part V, Line 4: Description of Intended Use of Endowment Funds: ENDOWMENT FUNDS ARE USED TO SUPPORT GENERAL ACTIVITIES AND SPECIAL PROJECTS AS DESIGNATED BY THE BOARD OF MEMBERS AND APPLICABLE LAWS. Part X: Description of Uncertain Tax Positions Under FIN 48: The FASB issued new guidance on Accounting for Uncertainty in Income Taxes. The Center adopted this new guidance for the year ended March 31, 2010. Management evaluated the Center's tax positions and concluded that the Center had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of the guidance. Part XI, Line 8 - Other Adjustments: ADJUSTMENT FOR EARNINGS FROM MOORINGS CAPITAL, LLC K-1: 20714862. NON CONTROLLING INTEREST IN CONSOLIDATED SUBSIDIARY: 21903. SUBSIDIARIES NET INCOME: -1158750. FOREIGN CURRENCY TRANSLATION ADJUSTMENT : 219772. Part XII, Line 2d - Other Adjustments: GAAP/TAX DIFFERENCE IN PARTNERSHIP INCOME: 19951004. CENTER FOR CREATIVE LEADERSHIP - RUSSIA INCOME/ CFC: 756123. CENTER FOR CREATIVE LEADERSHIP - SINGAPORE INCOME/ CFC: 4089418. CENTER FOR CREATIVE LEADERSHIP - INDIA INCOME/ CFC: 389055. Part XII, Line 4b - Other Adjustments: LOSS ON DISPOSAL OF FIXED ASSETS: 200. Part XIII, Line 2d - Other Adjustments: CENTER FOR CREATIVE LEADERSHIP - RUSSIA EXPENSES/ CFC: 1194192. CENTER FOR CREATIVE LEADERSHIP - SINGAPORE EXPENSES/ CFC: 4661151. CENTER FOR CREATIVE LEADERSHIP - INDIA EXPENSES/ CFC: 538003. Part XIII, Line 4b - Other Adjustments: PARTNERSHIP DEDUCTIONS FROM MOORINGS CAPITAL, LLC: 763858. 1 1 0 THE CENTER DOES NOT USE BROADCAST MEDIA FOR THE SOLICITATION OF STUDENTS. IT RELIES PRIMARILY ON PERSONAL RECOMMENDATIONS, DIRECT MAIL, AND ADVERTISEMENTS IN PROFESSIONAL JOURNALS. A STATEMENT REGARDING ITS NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL PROGRAM ADVERTISING AND DIRECT MAIL PIECES. THE CENTER HAS MAINTAINED DEMOGRAPHIC STATISTICS PERTAINING TO PROGRAM PARTICIPANTS, DEMONSTRATING THAT THE CENTER DOES IN FACT FOLLOW A NON-DISCRIMINATORY POLICY. DATA DESCRIBING THE PROGRAM PARTICIPANTS FOR THE PAST TEN YEARS IS AS FOLLOWS: YEAR WHITE NON-WHITE NO INDICATION 2001 80% 18% 2%2002 78% 18% 4%2003 75% 19% 6%2004 72% 23% 5%2005 72% 22% 6%2006 69% 20% 11%2007 61% 27% 12%2008 62% 35% 3%2009 64% 32% 4%2010 48% 49% 3% 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 BELGIUM 1 50 PROGRAM SERVICES CCL-EMEA offers various leadership development programs designed to meet the needs of individuals at all levels in their careers, as well as groups of managers or entire organizations. 15463969 SINGAPORE 1 18 PROGRAM SERVICES CCL-APAC (Singapore) offers a portfolio of research-based programs and services universally recognized for effectiveness in business and leadership education. 4627638 RUSSIA 1 4 PROGRAM SERVICES CCL's Moscow office is a hub for leadership education and research, designed to meet the challenges of the local market. 1066511 INDIA 1 1 PROGRAM SERVICES CCL's India office is a hub for leadership education and research, designed to meet the challenges of the local market. 537416 4 73 21695534 Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: BELGIUM: BELGIAN ACCOUNTING PRINCIPLES SINGAPORE: SINGAPORE FINANCIAL REPORTING STANDARDS RUSSIA: COMPLIANCE WITH THE LEGAL ACTS OF THE RUSSIAN FEDERATION INDIA: GENERALLY ACCEPTED ACCOUNTING STANDARDS IN INDIA X X 1 1 X X X 0 1 0 0 0 0 0 1 0 JOHN R RYAN 362594 0 0 0 0 0 78554 0 9488 0 450636 0 99374 0 DAVID G ALTMAN 201299 0 0 0 0 0 5496 0 16096 0 222891 0 55308 0 BRUCE B BYINGTON 191287 0 0 0 0 0 5144 0 12792 0 209223 0 52488 0 PAUL J DRAEGER 133672 0 0 0 0 0 3676 0 14142 0 151490 0 36752 0 PORTIA R MOUNT 158101 0 0 0 0 0 4206 0 9906 0 172213 0 43389 0 WILLIAM A PASMORE 225657 0 0 0 0 0 4590 0 12456 0 242703 0 61887 0 RUDI PLETTINX 246086 0 0 0 24678 0 27583 0 14723 0 313070 0 55285 0 BRADLEY E SHUMAKER 229669 0 0 0 0 0 6102 0 10848 0 246619 0 62949 0 SUREISH NATHAN 148130 0 0 0 0 0 4802 0 1349 0 154281 0 16783 0 JOAN SHIELDS 150519 0 0 0 0 0 4026 0 11376 0 165921 0 40694 0 JOHN F FERGUSON 156817 0 0 0 0 0 477 0 14988 0 172282 0 42465 0 DONALD W PRINCE 152969 0 0 0 0 12089 3171 0 10644 0 166784 12089 43080 0 NATALIE POTHIER 136497 0 0 0 12209 0 9845 0 7515 0 166066 0 29417 0 DEBRA J ZALESCHUK 146421 0 0 0 0 0 4052 0 16472 0 166945 0 39689 0 MICHAEL VAN IMPE 185927 0 0 0 20368 0 13225 0 15952 0 235472 0 41425 0 SARA N KING 157711 0 0 0 0 0 3131 0 12180 0 173022 0 36003 0 DARREL L HANDGRAAF 144056 0 0 0 0 0 3774 0 8292 0 156122 0 38888 0 WALT ULMER 81500 0 0 0 0 0 0 0 0 0 81500 0 0 0 Part I, Line 1a RUDI PLETTINX, VICE PRESIDENT AND MANAGING DIRECTOR OF EMEA, RECEIVED PAYMENTS FOR BUSINESS USE OF PERSONAL RESIDENCE TOTALING $3,910. THESE PAYMENTS WERE INCLUDED IN THE NONTAXABLE PORTION OF COMPENSATION, AS REPORTED ON FORM 990 PART VII, SECTION A AND SCHEDULE J. Part I, Line 4a JOHN R. RYAN $70,000 Part I, Line 7 The Center has a discretionary performance incentive plan for management and staff. Incentive bonuses can be awarded annually if the Center meets certain performance objectives. Bonuses under the plan are subject to approval by the Board of Governors. Supplemental Information Part III PART I, LINE 3: THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS IS RESPONSIBLE FOR ESTABLISHING THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR. Form 990, Part VI, Section A, line 2 Peter Richardson, chairman of the Board of Members, is the father of Tyler Richardson who is also a participant on the Board of Members. Peter Richardson, chairman of the Board of Members and Winburne King, Member, are both officers of Moorings Capital LCC, an investment company. As of March 31, 2010, the Center maintained a partnership interest of approximately 10% in Moorings Capital LLC ("Moorings"). Moorings is an investment partnership located in Greensboro, NC, and was formed to handle investments for the Center for Creative Leadership and other IRC Section 501(c)(3) tax-exempt entities. The purpose for investing in Moorings is to pool the Center's investments with the investments of other IRC Section 501(c)(3) entities. By creating a larger investment pool, the tax-exempt entities in Moorings hope to improve their overall investment returns and reduce the overall amount of investment advisory fees paid. The Center still maintains control over its assets contributed to Moorings and directs the investment of those assets. The Center may withdraw its assets from the LLC at any time. According to the operations agreement of Moorings, only entities exempt from federal income tax under IRC Section 501(c)(3) are allowed to be members of the LLC. Form 990, Part VI, Section B, line 11 Form 990 is reviewed by the Audit Committee of the Board of Members prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Annually, responses to the conflict of interest disclosure questionnaire are reviewed and any instances of potential conflict are investigated. In addition, the Center has established policies that prohibit actions that could lead to potential conflicts. Throughout the year, the Center's management actively reviews any action that could create a potential conflict of interest and investigates appropriately. Form 990, Part VI, Section B, line 15 Annually, the Center's Director of Talent Development meets with the Executive Committee of the Board of Governors to review the salaries of the President and officers. This review includes an analysis of salary history and comparable data. Compensation amounts are determined solely by the Executive Committee of the Board of Governors who are independent parties. Form 990, Part VI, Section C, line 19 The Center's governing documents, conflict of interest policy and financial statements are available to the public upon request. FORM 990, PART XI, LINE 2C, AUDIT COMMITTEE: THE AUDIT COMMITTEE'S PROCESS OF AUDIT EVALUATION HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION A, LINE 1A, GOVERNING BODIES: The Center for Creative Leadership has two sets of governing bodies: the Board of Members and the Board of Governors. As of March 31, 2010, the Board of Members consisted of seven individuals, three of whom were also participants on the Board of Governors. The Board of Governors was comprised of 12 additional individuals. The Board of Members have the sole authority to: elect the Members, elect the Governors, adopt and amend bylaws, manage the real and personal property, select the auditors, set compensation of Members and Governors and approve any indebtedness. The Board of Governors has all other oversight authority except for the items reserved for the Members. FORM 990, PART VI, SECTION A, LINE 1B, NON-INDEPENDENT VOTING MEMBER: John Ryan, a member of the Board of Governors, is also President and Chief Executive Officer of the Center for Creative Leadership. FORM 990, PART VI, SECTION A, LINE 9A, ORGANIZATIONAL BRANCHES: The Center for Creative Leadership has wholly owned subsidiaries in Singapore and India, and operates a 95% owned subsidiary in Moscow. FORM 990, PART VIII, LINE 7(i), SALES OF ASSETS OTHER THAN INVENTORY: SALES OF SECURITIES SHOWN ON FORM 990, PART VIII, LINE 7(I) ARE THE RESULT OF SALES OF INVESTMENTS OF MOORINGS CAPITAL, LLC. THE NET REALIZED GAINS AND LOSSES AS SHOWN ON THE K-1 ARE AS FOLLOWS: NET SHORT-TERM CAPITAL GAIN/(LOSS): MOORINGS CAPITAL K-1, BOX 8 (1,934,570) RELATED/EXEMPT MOORINGS CAPITAL K-1, BOX 11A (99,559) RELATED/EXEMPT MOORINGS CAPITAL K-1, BOX 13L 1,021 UBI NET LONG-TERM CAPITAL GAIN/(LOSS): MOORINGS CAPITAL K-1, BOX 9A 4,765,315) RELATED/EXEMPT MOORINGS CAPITAL K-1, BOX 11A 294 RELATED/EXEMPT MOORINGS CAPITAL K-1, BOX 13L 1,263 UBI CENTER FOR CREATIVE LEADERSHIP LLC UI 8 MARTA 10 BLDG 14 MOSCOW RUSSIA RS 127083 TRAINING/RESEARCH RS CENTER FOR CREATIVE LEADERSHIP C -438069 967071 0.95000 CENTER FOR CREATIVE LEADERSHIP (CCL) PTE LTD 238A THOMSON ROAD 16-06/08 NOVENA SINGAPORE SINGAPORE SN 307684 CONDUCT RESEARCH, PRODUCE PUBLICATIONS, AND PROVIDE LEADERSHIP TRAINING SN CENTER FOR CREATIVE LEADERSHIP C -571734 2351811 1.00000 CENTER FOR CREATIVE LEADERSHIP INDIA PRIVATE LIMITED C/O REGUS BUSINESS CENTRE LEVEL 2 PUNE INDIA IN 411001 CONDUCT RESEARCH, PRODUCE PUBLICATIONS, AND PROVIDE LEADERSHIP TRAINING IN CENTER FOR CREATIVE LEADERSHIP C -148947 419877 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 CENTER FOR CREATIVE LEADERSHIP LLC D 179439 CENTER FOR CREATIVE LEADERSHIP (CCL) PTE LTD D 11627010 CENTER FOR CREATIVE LEADERSHIP INDIA PRIVATE LIMITED D 255567 CENTER FOR CREATIVE LEADERSHIP (CCL) PTE LTD A 244544 CENTER FOR CREATIVE LEADERSHIP INDIA PRIVATE LIMITED Q 105846