2024-10-08T15:40:09-05:00 2023-12-31 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2023-01-01 711037612 NATIONAL DIVERSITY COUNCIL NATI 2819750626 PO BOX 671461 DALLAS TX 752671461 RODNEY MORRIS BOARD CHAIR 2819750626 2024-10-04 1 1 STEVEN TALBOT P01695427 5058787200 2024-10-04 2023 2024-10-15 13:58:12Z DAWN HOOPER PO BOX 671461 DALLAS TX 752671461 4070576 0 X WWW.THENDC.ORG X 2007 TX THE MISSION OF THE NATIONAL DIVERSITY COUNCIL IS TO BE BOTH A RESOURCE AND AN ADVOCATE FOR THE VALUE OF DIVERSITY, EQUITY AND INCLUSION. THE NDC SERVES AS THE UMBRELLA ORGANIZATION TO SUPPORT OUR STATEWIDE AND REGIONAL COUNCILS, WHICH FOSTER AN UNDERSTANDING OF DIVERSITY AND INCLUSION AS A DYNAMIC STRATEGY FOR BUSINESS SUCCESS AND COMMUNITY WELL-BEING THROUGH VARIOUS INITIATIVES. 19 19 55 360 1305 0 82572 34509 6147048 4004202 15824 29576 913 1305 6246357 4069592 12000 31673 0 0 3100671 2865590 0 0 213340 3216388 3492741 6329059 6390004 -82702 -2320412 3132387 1458036 960012 1460299 2172375 -2263 X THE MISSION OF THE NATIONAL DIVERSITY COUNCIL IS TO BE BOTH A RESOURCE AND AN ADVOCATE FOR THE VALUE OF DIVERSITY, EQUITY AND INCLUSION. THE NDC SERVES AS THE UMBRELLA ORGANIZATION TO SUPPORT OUR STATEWIDE AND REGIONAL COUNCILS, WHICH FOSTER AN UNDERSTANDING OF DIVERSITY AND INCLUSION AS A DYNAMIC STRATEGY FOR BUSINESS SUCCESS AND COMMUNITY WELL-BEING THROUGH VARIOUS INITIATIVES. 0 0 3675546 31673 4004202 THROUGH MEMBERSHIPS WITH CORPORATE, GOVERNMENT, AND NONPROFIT PARTNERS AND ALSO INDIVIDUALS, NATIONAL DIVERSITY COUNCIL ADVANCES DIVERSITY, EQUITY AND INCLUSION THROUGH CERTIFICATIONS, CONSULTING, EDUCATIONAL EVENTS, AND RESOURCES. THE NDC CERTIFICATION PROGRAM PREPARES PROFESSIONALS TO LEAD SUCCESSFUL DIVERSITY, EQUITY, AND INCLUSION STRATEGIES FOR ORGANIZATIONAL EXCELLENCE AND INNOVATION IN TODAY'S GLOBAL LANDSCAPE. NDC UTILIZES DEI EXPERTS TO OFFER STRATEGIC SOLUTIONS TO DRIVE INNOVATION AND PROVIDE RESULTS TAILORED TO ORGANIZATIONAL NEEDS ACROSS ALL INDUSTRY SECTORS. NDC EVENTS AIM TO UNDERSCORE THE IMPORTANCE OF DIVERSITY, EQUITY, AND INCLUSION THROUGH IMPACTFUL CONTENT THAT FOCUSES ON VARIOUS GROUPS, IDENTITIES, INDUSTRIES, AND WORKPLACE BEST PRACTICES. EVENTS HELD IN MULTIPLE MARKETS INCLUDE WOMEN IN LEADERSHIP SUMMITS AND LGBTQ SUMMITS. EVENTS HELD AT A NATIONAL LEVEL INCLUDE BLACK MEN IN LEADERSHIP SUMMIT, LATINO LEADERSHIP CONFERENCE, VETERANS SUMMIT, AND DISABILITY INCLUSION SUMMIT.IN ADDITION, THE NDC EMERGING LEADERS INTERNSHIP PROGRAM IS A GROWING PROGRAM WHICH WAS INITIATED IN 2018 AND WHICH AIMS TO CONNECT UNDERREPRESENTED COLLEGE STUDENTS TO EMPLOYERS THAT VALUE AND PROMOTE DIVERSE, EQUITABLE, AND INCLUSIVE WORKPLACES. IN ADDITION TO COMPLETING THE EMPLOYER'S INTERSHIP TASKS, INTERNS ALSO PARTICIPATE IN DEI TRAINING SESSIONS, LEADERSHIP DEVELOPMENT SEMINARS, AND MEETINGS WITH FELLOW INTERNS AND MENTORS. THE NDC HAS HAD 33 INTERN GRADUATES TO DATE, MANY WHO HAVE RECEIVED INCREDIBLE EMPLOYMENT OPPORTUNITIES FOLLOWING THEIR TIME WITH THE PROGRAM. 3675546 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 1 55 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 1 1 0 1 1 0 0 1 0 1 1 0 X DAWN HOOPER 2819750626 PO BOX 671461 DALLAS TX 752671461 DENNIS KENNEDY DIRECTOR, CHAIR (THRU 1/20/2023) 2.00 X 31731 0 0 LAURIE CHAMBERLIN SECRETARY 2.00 X X 0 0 0 RODNEY MORRIS DIRECTOR, CHAIR 4.00 X 0 0 0 OLAKUNLE AROWOLO DIRECTOR 2.00 X 0 0 0 NATHANIEL BENNETT DIRECTOR 2.00 X 0 0 0 ELIZABETH CAMPBELL DIRECTOR 2.00 X 0 0 0 CARLOS CUBIA DIRECTOR (THROUGH JANUARY 2023) 2.00 X 0 0 0 JAMI DE LOU DIRECTOR 2.00 X 0 0 0 MICHELLE EISNER DIRECTOR (THROUGH JANUARY 2023) 2.00 X 0 0 0 ROBIN GEIGER DIRECTOR 2.00 X 0 0 0 SHEILINA HENRY DIRECTOR 2.00 X 0 0 0 YVETTE HUNSICKER DIRECTOR 2.00 X 0 0 0 DJ JORDAN DIRECTOR 2.00 X 0 0 0 ARYEH LEHRER DIRECTOR 2.00 X 0 0 0 TARA LEWELING DIRECTOR 2.00 X 0 0 0 DEANDRE LIPSCOMB DIRECTOR (THROUGH JANUARY 2023) 2.00 X 0 0 0 TAMMY MATA DIRECTOR (THROUGH JANUARY 2023) 2.00 X 0 0 0 DIANE MCDANIEL DIRECTOR (THROUGH JULY 2023) 2.00 X 0 0 0 ERIN MITCHELL RICHESON DIRECTOR 2.00 X 0 0 0 KATHLEEN NAVARRO DIRECTOR 2.00 X 0 0 0 JUAN SUAREZ III DIRECTOR 2.00 X 0 0 0 JAMES TAYLOR PHD DIRECTOR 2.00 X 0 0 0 MICHELLE THOMPSON-DOLBERRY DIRECTOR 2.00 X 0 0 0 SHIBU VARGHESE DIRECTOR 2.00 X 0 0 0 HUGH WELSH DIRECTOR 2.00 X 0 0 0 DONNELL WHITE DIRECTOR 2.00 X 0 0 0 JASON DEGROOT CFO (THROUGH 2/17/2023) 28.00 X 9409 0 0 ANGELES VALENCIANO CEO (THROUGH 2/17/2023) 28.00 X 21702 0 0 ANIKA RAHMAN CEO 40.00 X 200602 0 1206 DAWN HOOPER CFO 40.00 X 91657 0 1076 SOFIA ANTHONY SVP OPERATIONS 40.00 X 174114 0 2396 CECILIA ORELLANA ROJAS SVP STRATEGY AND RESEARCH 40.00 X 142694 0 3537 671909 0 8215 3 0 1 0 HOLLAND & KNIGHT PO BOX 936937 ATLANTA GA 31193 LEGAL SERVICES 619677 POLSINELLI PO BOX 878681 KANSAS CITY MO 64187 LEGAL SERVICES 378088 ARMANINO LLP PO BOX 206700 DALLAS TX 75320 ACCOUNTING SERVICES 131120 3 34509 34509 SPONSORSHIP INCOME 541900 2305349 2305349 TRAINING AND EVENTS 611710 977665 977665 CERTIFICATIONS 611710 515198 515198 SERVICE CONTRACTS 541610 205990 205990 4004202 29576 29576 2289 984 1305 1305 4069592 4004202 1305 29576 X 31673 31673 357383 197239 135506 24638 2175906 1201884 824173 149849 1790 859 788 143 128093 61485 56361 10247 202418 107231 80543 14644 976443 976443 159795 159795 863111 626029 227293 9789 35445 31479 3966 114527 112010 2517 199630 188148 7452 4030 14881 13095 1786 93927 86680 7247 278811 276257 2554 168 148 20 16309 14942 1367 BAD DEBT EXPENSE 617305 617305 EQUIPMENT 31375 27610 3765 DUES AND SUBSCRIPTIONS 12707 11354 1353 AWARDS 8926 8926 69381 61192 8189 6390004 3675546 2501118 213340 1836293 593926 600149 150157 503503 504865 185776 185776 6666 23312 0 0 3132387 1458036 348275 321953 611737 1138346 960012 1460299 X 2157375 -17263 15000 15000 2172375 -2263 3132387 1458036 -2320412 145774 0 X 0 0 0 X 2048209 2511990 2959757 82572 34509 7637037 1735270 2042790 3178350 6147048 4004202 17107660 3783479 4554780 6138107 6229620 4038711 24744697 0 141110 247627 388737 141110 247627 388737 24355960 66 15824 29576 45466 66 15824 29576 45466 2348 2348 3783545 4554780 6138107 6247792 4068287 24792511 0.98240 0.99320 0.00180 0.00070 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2022 AMOUNT: $ 2,348. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SCHOLARSHIPS 12 31673 0 0 0 0 0 0 0 1 0 ANIKA RAHMAN CEO 200602 0 0 0 0 0 0 0 1206 0 201808 0 0 0 SOFIA ANTHONY SVP OPERATIONS 140864 0 33250 0 0 0 0 0 2396 0 176510 0 0 0 PART I, LINE 3 IN NOVEMBER 2022, THE BOARD UNDERTOOK A COMPENSATION REVIEW AFTER THE BY-LAWS WERE AMENDED TO ALLOW THE FINANCE COMMITTEE TO DO THIS WORK. THIS WAS THE FIRST COMPENSATION REVIEW EVER DONE. GOING FORWARD, THE BOARD DID RESEARCH COMPENSATION FOR THE CEO AND CFO POSITIONS DURING THE HIRING OF A NEW CEO AND CFO IN 2023. PART I, LINE 7 CERTAIN HIGHEST COMPENSATED EMPLOYEES RECEIVED BONUSES THAT WERE PERFORMANCE-RELATED. DENNIS KENNEDY CHAIR OF BOARD OF DIRECTORS DENNIS KENNEDY RECEIVED COMPENSATION IN 2023, THE VALUE OF WHICH EXCEEDED THE VALUE OF THE SERVICES PROVIDED TO THE ORGANIZATION, RESULTING IN AN EXCESS BENEFIT TRANSACTION OF $31,731. IN NOVEMBER 2022, THE BOARD UNDERTOOK A COMPENSATION REEVIEW AFTER THE BY-LAWS WERE AMENDED TO ALLOW THE FINANCE COMMITTEE TO DO THIS WORK. THIS WAS THE FIRST COMPENSATION REVIEW EVER DONE. THE COMPENSATION REVIEW LED TO A SUBSEQUENT REPORT ON AN EXCESS BENEFIT TRANSATION. THE AMOUNTS REPORTED HERE ARE BASED ON THAT REPORT. 0 JASON DEGROOT CFO JASON DEGROOT RECEIVED COMPENSATION IN 2023, THE VALUE OF WHICH EXCEEDED THE VALUE OF THE SERVICES PROVIDED TO THE ORGANIZATION, RESULTING IN AN EXCESS BENEFIT TRANSACTION OF $2,823. IN NOVEMBER 2022, THE BOARD UNDERTOOK A COMPENSATION REVIEW AFTER THE BY-LAWS WERE AMENDED TO ALLOW THE FINANCE COMMITTEE TO DO THIS WORK. THIS WAS THE FIRST COMPENSATION REVIEW EVER DONE. THIS COMPENSATION REVIEW LED TO A SUBSEQUENT REPORT ON AN EXCESS BENEFIT TRANSACTION. THE AMOUNTS REPORTED HERE ARE BASED ON THAT REPORT. 0 DIVERSITY AND LEADERSHIP INC 35% CONTROLLED ENTITY OF FORMER BOARD CHAIR DENNIS KENNEDY NET RECEIVABLE X 185776 0 0 0 185776 FORM 990, PART VI, SECTION B, LINE 10B THE ORGANIZATION IS IN THE PROCESS OF DEVELOPING WRITTEN POLICIES AND PROCEDURES TO ENSURE THAT THE OPERATIONS OF ITS AFFILIATES ARE CONSISTENT WITH THE ORGANIZATION'S EXEMPT PURPOSE. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS THE FORM 990, MAKING ANY UPDATES OR CORRECTIONS PRIOR TO SUBMITTING TO THE BOARD FOR REVIEW. THE BOARD IS ASKED TO SUBMIT ANY QUESTIONS WITHIN A REASONABLE DEADLINE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 PRIOR TO HIRING THE NEW CEO AND CFO IN 2023, THE BOARD OF DIRECTORS LED BY THE FINANCE COMMITEE PARTNERED WITH WILLISTOWERSWATSON TO IDENTIFY COMPETITIVE CASH COMPENSATION RANGES FOR THESE EXECUTIVES IN SIMILAR-SIZED ORGANIZATIONS. THESE RANGES WERE THEN USED BY THE HIRING COMMITTEE AND SUBSEQUENTLY APPROVED BY THE FULL BOAD OF DIRECTORS AT THE 5/11/23 AND 6/22/23 BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC JASON DEGROOT - TEXAS DIVERSITY COUNCIL, P.O. BOX 590258, HOUSTON, TX 77259-0258. DENNIS KENNEDY - TEXAS DIVERSITY COUNCIL, P.O. BOX 590258, HOUSTON, TX 77259-0258. ANGELES VALENCIANO - TEXAS DIVERSITY COUNCIL, P.O. BOX 590258, HOUSTON, TX 77259-0258. FORM 990, PART IX, LINE 11G TRAINING AND CERTIFICATION FACILITATORS: PROGRAM SERVICE EXPENSES 314,767. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 314,767. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 311,262. MANAGEMENT AND GENERAL EXPENSES 227,293. FUNDRAISING EXPENSES 9,789. TOTAL EXPENSES 548,344.