2022-08-10T11:21:46-05:00 2021-12-31 420714325 RSM US LLP 1250 H STREET SUITE 700 WASHINGTON DC 20005 990 2021-01-01 521081024 INDEPENDENT SECTOR INDE 2024676100 1602 L STREET NW 900 WASHINGTON DC 20036 RICK ROBINSON CHIEF OPERATING OFFICER 2024676100 2022-07-29 1 RICK ROBINSON XXX-XX-XXXX ELIZABETH W HELLER P00397829 2022932200 2022-07-29 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z DAN CARDINALI 1602 L STREET NW 900 WASHINGTON DC 20036 9294349 0 X WWW.INDEPENDENTSECTOR.ORG X 1980 DC WE ENVISION A WORLD OF ENGAGED INDIVIDUALS, ROBUST INSTITUTIONS, AND VIBRANT COMMUNITIES WORKING TOGETHER TO IMPROVE LIVES AND THE NATURAL WORLD, AND STRENGTHEN DEMOCRATIC SOCIETIES. TO HELP CREATE THIS FUTURE, WE LEAD AND CATALYZE THE CHARITABLE COMMUNITY, PARTNERING WITH GOVERNMENT, BUSINESS, AND INDIVIDUALS TO ADVANCE THE COMMON GOOD. 19 19 42 375 -230871 0 15035402 7836995 171150 130548 393729 439918 -328846 -596231 15271435 7811230 17295 0 0 0 4766326 5068520 0 0 961785 3621733 4117468 8405354 9185988 6866081 -1374758 46005638 43964742 10600165 9449097 35405473 34515645 X WE ENVISION A WORLD OF ENGAGED INDIVIDUALS, ROBUST INSTITUTIONS, AND VIBRANT COMMUNITIES WORKING TOGETHER TO IMPROVE LIVES AND THE NATURAL WORLD, AND STRENGTHEN DEMOCRATIC SOCIETIES. TO HELP CREATE THIS FUTURE, WE LEAD AND CATALYZE THE CHARITABLE COMMUNITY, PARTNERING WITH GOVERNMENT, BUSINESS, AND INDIVIDUALS TO ADVANCE THE COMMON GOOD. 1 0 2659271 42916 COMMUNITY BUILDING:AT THE HEART OF INDEPENDENT SECTOR'S WORK TO CREATE A HEALTHY AND RACIALLY EQUITABLE NATION WHERE ALL PEOPLE CAN THRIVE IS OUR BELIEF IN THE TRANSFORMATIONAL POWER OF BUILDING AND SUSTAINING COMMUNITY. THROUGH INTENTIONAL AND TARGETED STRATEGIES, INDEPENDENT SECTOR BUILDS A SENSE OF COMMUNITY AMONG LEADERS, PROVIDES OPPORTUNITIES TO BUILD CAPACITY, AND STRENGTHENS BRIDGES AND TRUSTED RELATIONSHIPS TO ENSURE LEADERS, ORGANIZATIONS, AND COMMUNITIES ARE ALIGNED TOWARD A HEALTHY AND EQUITABLE FUTURE. WITH COVID-19 SAFETY PROTOCOLS IN MIND, OUR ENGAGEMENT WITH THE INDEPENDENT SECTOR COMMUNITY IN 2021 CONTINUED TO BE PRIMARILY THROUGH A VIRTUAL ENVIRONMENT. NEVERTHELESS, WE MAINTAINED AND DEEPENED OUR CONNECTION WITH CHANGEMAKERS ACROSS THE COUNTRY, ENGAGING MORE THAN 3,000 THROUGH A VARIETY OF OPTIONS, INCLUDING UPSWELL POP-UPS, UPSWELL EXCHANGES, AND THE 2021 UPSWELL SUMMIT. FOLLOWING ARE SOME OF THE HIGHLIGHTS OF OUR COMMUNITY BUILDING WORK THIS YEAR:- HOSTED FOUR UPSWELL POP-UPS ATTENDED BY 2,000 CHANGEMAKERS. EACH POP-UP HAD A DIFFERENT FOCUS BASED ON THE PRIMARY AREAS IN THE HEALTH OF THE U.S. NONPROFIT SECTOR REPORT. BY DIVING DEEPER AROUND THE CONVERSATIONS THAT SURROUND THE DATA IN AREAS LIKE GOVERNANCE AND TRUST, POLICY AND ADVOCACY, FINANCIAL RESOURCING, AND HUMAN CAPITAL, WE HELPED CHANGEMAKERS DEFINE HOW WE SHAPE OUR COMMUNITIES AND SYSTEMS FOR YEARS TO COME. WE ALSO HELD FOUR UPSWELL EXCHANGES, ONE AFTER EACH UPSWELL POP-UP, TO GIVE CHANGEMAKERS THE OPPORTUNITY TO UNPACK THE POP-UP PRESENTATIONS AND CONNECT THROUGH DEEPER RELATIONSHIPS WITH ONE ANOTHER.- ON OCTOBER 20-22, INDEPENDENT SECTOR BROUGHT TOGETHER MORE THAN 1,100 CHANGEMAKERS FROM ACROSS THE NATION FOR THE 2021 UPSWELL SUMMIT TO FOCUS ON OUR COLLECTIVE MISSION: BUILDING A HEALTHY AND RACIALLY JUST NATION. HELD VIRTUALLY TO ENSURE THE SAFETY OF PARTICIPANTS, THE SUMMIT OFFERED CONTENT FROM MORE THAN 250 BRILLIANT THOUGHT LEADERS AND 60 POWERFUL SESSIONS, INCLUDING NETWORKING AND ARTS AND WELLNESS ACTIVITIES. DURING THE UPSWELL SUMMIT, INDEPENDENT SECTOR PRESENTED THE JOHN W. GARDNER LEADERSHIP AWARD TO TWO NATIONALLY RECOGNIZED LEADERS - DR. GAIL C. CHRISTOPHER AND PROFESSOR JOHN A. POWELL. INDEPENDENT SECTOR ALSO CELEBRATED MARIA YUAN, FOUNDER AND CEO OF ISSUEVOTER AND WINNER OF THE 2021 AMERICAN EXPRESS NGEN LEADERSHIP AWARD, ALONG WITH THE SIX AWARD FINALISTS - INCLUDING A MAIN STAGE DISCUSSION BY MARIA ABOUT EXPANDING CIVIC ENGAGEMENT AND TALKS IN THE PUBLIC SQUARE BY THE FINALISTS ABOUT THEIR MISSIONS.- ENGAGED 28 FELLOWS THROUGH THE UPSWELL FELLOWS PROGRAM AND THE AMERICAN EXPRESS NGEN FELLOWS PROGRAM TO STRENGTHEN THEIR INDIVIDUAL AND COLLECTIVE LEADERSHIP CAPACITY, GROW THEIR PERSONAL AND PROFESSIONAL NETWORKS, AND ADDRESS THE ADAPTIVE NATURE OF LEADING IN THESE UNCERTAIN TIMES. AS PART OF OUR FELLOWS PROGRAM, INDEPENDENT SECTOR ALSO PARTNERED WITH THE CHRONICLE OF PHILANTHROPY TO ELEVATE THE WORK AND INNOVATION OF FOUR UPSWELL FELLOWS DURING THE YEAR. AT LEAST 75% OF THESE FELLOWS ARE BLACK, NATIVE, OR OTHER PEOPLE OF COLOR WORKING IN OR WITH THE NONPROFIT SECTOR.- CONTINUED TO REFINE AND EXECUTE AROUND A DATA-DRIVEN SENSE OF COMMUNITY THEORY OF CHANGE BASED ON QUARTERLY SENSE OF COMMUNITY SURVEYS, DISTRIBUTED TO ALL COMMUNITY MEMBERS IN OUR DATABASE. THESE SURVEYS FOUND THAT WHILE MEMBERS OF THE INDEPENDENT SECTOR COMMUNITY HAVE A STRONG EMOTIONAL CONNECTION AND TRUSTED RELATIONSHIP AMONG ONE ANOTHER, THEY DIDN'T NECESSARILY FEEL THAT INDEPENDENT SECTOR WAS MEETING THEIR NEEDS AS COMMUNITY MEMBERS, OR THAT THEY HAD MUCH INFLUENCE IN THE DIRECTION OF THE ORGANIZATION/COMMUNITY AS A WHOLE. THIS DATA CONTINUES TO SHAPE OUR STRATEGIES MOVING FORWARD.- IN APRIL, LAUNCHED A NEW MONTHLY CHANGEWORKS NEWSLETTER ABOUT INDEPENDENT SECTOR MEMBERS AS A NEW WAY OF SHARING POWERFUL AND INSPIRING STORIES ABOUT HOW INDEPENDENT SECTOR MEMBERS AND THEIR LEADERS WERE CREATING REAL CHANGE THROUGH THEIR WORN EFFORTS TOWARD A HEALTHIER AND MORE EQUITABLE FUTURE FOR US ALL. TO DATE, 92 INDEPENDENT SECTOR MEMBERS HAVE BEEN INCLUDED IN CHANGEWORKS, INCLUDING 25 FEATURED IN STORIES, Q&A BLOGS, OR ESSAYS. 2037058 PUBLIC POLICY LEADERSHIP:PUBLIC POLICY IS ABOUT SYSTEMS. INDEPENDENT SECTOR, FORTIFIED BY OUR MEMBERS AND PARTNERS, PLAYS A KEY ROLE AS A NATIONAL, SECTOR-SPANNING INFRASTRUCTURE ORGANIZATION WITH THE CAPACITY TO ADVANCE FEDERAL POLICIES. TO REALIZE A SOCIETY WHERE EVERY PERSON CAN THRIVE, THE RESOURCES AND REACH OF THE FEDERAL GOVERNMENT ARE ESSENTIAL. THIS YEAR, WE WIELDED OUR POSITION OF INFLUENCE WITH BOTH IMMEDIATE AND FUTURE FOCUSES. WE REMAIN IN THE GRIPS OF A CRIPPLING PANDEMIC, WHICH DEMANDS THAT WE COLLABORATE WITH THE NEW ADMINISTRATION AND CONGRESS TO CONTINUE PROVIDING MEANINGFUL RELIEF TO OUR SECTOR.WE ALSO KNOW THAT OUR NATION'S INFRASTRUCTURE HAS BEEN LONG NEGLECTED. IN PARTNERSHIP WITH A COALITION OF 75 ORGANIZATIONS, WE ARE LEADING THE CHARGE TO REBUILD THE NATION TO A PLACE BETTER THAN BEFORE, PRIORITIZING INVESTMENTS THAT ADVANCE EQUITABLE OUTCOMES FOR BLACK, NATIVE, LATINX, AND OTHER COMMUNITIES OF COLOR THAT HAVE BORNE THE BRUNT OF THE CORONAVIRUS PANDEMIC AND DEEPLY IMBEDDED STRUCTURAL INEQUITIES. FOLLOWING ARE SOME OF THE HIGHLIGHTS OF OUR PUBLIC POLICY LEADERSHIP WORK THIS YEAR:- CREATED IN 2021 THROUGH A PROPOSED EXECUTIVE ORDER AND DRAFT LEGISLATION, INDEPENDENT SECTOR'S "SEAT AT THE TABLE" INITIATIVE WOULD CREATE PERMANENT, STRUCTURAL MECHANISMS FOR THE SECTOR TO HELP SHAPE AND IMPROVE FEDERAL POLICY, WHILE ALSO EXPANDING OPPORTUNITIES FOR THE GOVERNMENT TO WORK MORE EFFECTIVELY WITH THE SECTOR TO ACHIEVE SHARED GOALS. THE INITIATIVE CREATES A THREE-PART STRUCTURE TO DEEPEN THE PARTNERSHIP BETWEEN THE NONPROFIT SECTOR AND FEDERAL GOVERNMENT. THE WHITE HOUSE OFFICE ON THE NONPROFIT SECTOR (ONS) AND THE INTERAGENCY COUNCIL WILL COORDINATE WITHIN THE FEDERAL GOVERNMENT TO ENSURE POLICIES ARE DESIGNED WITH AN UNDERSTANDING OF THE SECTOR'S CAPACITY TO REALIZE CRITICAL PRIORITIES IN A WAY THAT MAXIMIZES THE BENEFIT TO COMMUNITIES AND OUR NATION. THROUGH OUR WORK WITH REP. BETTY MCCOLLUM AND AS A RESULT OF HER PASSION FOR THE NONPROFIT SECTOR, REP. MCCOLLUM PLANS TO INTRODUCE LEGISLATION TO PUT NONPROFITS IN THE EXECUTIVE OFFICE OF THE PRESIDENT BY ESTABLISHING A WHITE HOUSE OFFICE ON THE NONPROFIT SECTOR (WHITE HOUSE ONS) AMONG THE COMPONENTS OF THE "SEAT AT THE TABLE" INITIATIVE.- INDEPENDENT SECTOR COMPILED A LIST OF RESOURCES AND EDUCATIONAL CONTENT ABOUT THE ACCELERATING CHARITABLE EFFORTS (ACE) ACT WHICH REVISES CURRENT LAWS DICTATING THE PACE AND TRANSPARENCY OF RESOURCES FLOWING FROM PRIVATE FOUNDATIONS AND DONOR ADVISED FUNDS AND, MORE BROADLY, PHILANTHROPY REFORM. THIS COMPILATION IS PART OF OUR EFFORTS TO FOSTER UNDERSTANDING OF THE ISSUES ACROSS THE SECTOR TO DRIVE ACTION, SUCH AS BEST PRACTICES, STANDARD-SETTING, AND PUBLIC POLICY. THESE RESOURCES AND EVENTS OFFERED BALANCED VIEWPOINTS, DATA-DRIVEN CONTENT, AND REGULAR ENGAGEMENT WITH OUR COMMUNITY MEMBERS.- NOW IN ITS SECOND YEAR, NONPROFIT INFRASTRUCTURE INVESTMENT ADVOCACY GROUP (NIIAG), COFOUNDED BY INDEPENDENT SECTOR AND KABOOM!, CONTINUES TO ENGAGE OUR DIVERSE COMMUNITY LEADERS FROM ACROSS THE CHARITABLE NONPROFIT SECTOR TO IDENTIFY AND ADVOCATE FOR THE ESSENTIAL FEDERAL INVESTMENTS NEEDED TO REBUILD THE NATION FOLLOWING THE COVID-19 PANDEMIC, THE ECONOMIC CRISIS, AND RACIAL INJUSTICE. THE COALITION, NOW MORE THAN 50 ORGANIZATIONS STRONG, WROTE CHAIRMAN DEFAZIO AND CHAIRMAN PALLONE IN SUPPORT OF H.R. 3684, THE INVEST IN AMERICA ACT OF 2021. THE ACT IS INTENDED TO BOLSTER COMMUNITY AND CIVIC STRUCTURES THAT ENSURE ALL COMMUNITIES ACROSS AMERICA, ESPECIALLY THOSE DISPROPORTIONATELY IMPACTED BY THE COVID-19 PANDEMIC, CAN REBUILD, ENGAGE, AND THRIVE.- THE CHARITABLE DEDUCTION FACED A GRAVE THREAT IN 2021: AN EARLIER PROPOSAL FROM THE BIDEN PRESIDENTIAL CAMPAIGN THAT COULD HAVE ELIMINATED BILLIONS OF DOLLARS IN GIVING. THROUGH WRITTEN CORRESPONDENCE, MEDIA ATTENTION, AN INDEPENDENT SECTOR-ORGANIZED MEETING WITH SENIOR TREASURY DEPARTMENT OFFICIALS, AND CONTINUED PRESENCE, OUR COMMUNITY HAS BEEN ABLE TO CONVINCE THE BIDEN ADMINISTRATION NOT TO PUT THIS POLICY FORWARD IN ITS ANNUAL BUDGET OR OTHER LEGISLATIVE FRAMEWORKS. THIS SUCCESS HAS PROTECTED THE RESOURCES OUR SECTOR NEEDS TO SERVE COMMUNITIES, WHILE ALSO ALLOWING US TO FOCUS ADVOCACY ON OTHER URGENT ISSUES. 1792037 87632 ACCELERATING SECTOR IMPACT:WORKING IN COLLABORATION WITH MEMBERS AND OTHER PARTNERS, INDEPENDENT SECTOR CREATES, CURATES, AND DISSEMINATES KNOWLEDGE DESIGNED TO HELP ORGANIZATIONS RESPOND TO CHALLENGES AND OPPORTUNITIES, INCREASE THEIR EFFECTIVENESS, AND FULFILL THEIR MISSIONS. COVID-19 PRESENTED NEW OPPORTUNITIES FOR US TO CURATE AND DISTRIBUTE RESOURCES RAPIDLY, ESPECIALLY IN THE SPRING AND SUMMER OF 2020. QUICKLY THOUGH, OUR COVID-19 RESOURCES BECAME LESS ABOUT RESPONDING TO THE CRISIS AND MORE ABOUT HELPING ORGANIZATIONS MANAGE THEIR "NEW NORMAL." FIRST INITIATED IN 2020, WE FOLLOWED UP IN 2021 WITH OUR SECOND ANNUAL EDITIONS OF TWO PUBLICATIONS: THE "TRUST IN CIVIL SOCIETY" REPORT, AND THE "HEALTH OF THE NONPROFIT SECTOR" REPORT. FOLLOWING IS AN OVERVIEW OF THESE BODIES OF WORK, AS WELL AS OTHER ACCELERATING SECTOR IMPACT HIGHLIGHTS DURING THIS YEAR:- INDEPENDENT SECTOR, IN PARTNERSHIP WITH EDELMAN DATA & INTELLIGENCE, RELEASED OUR SECOND ANNUAL "TRUST IN CIVIL SOCIETY" REPORT OF SURVEY FINDINGS THAT EXPLORE THE NUANCES OF TRUST IN AMERICAN NONPROFIT AND PHILANTHROPIC ORGANIZATIONS. BUILDING ON INDEPENDENT SECTOR'S FOUR DECADES OF BRINGING TOGETHER THE CHARITABLE COMMUNITY FOR THE COMMON GOOD AND EDELMAN'S EXPERIENCE STUDYING TRUST IN BOTH THE GLOBAL AND U.S. CONTEXT, WE CONDUCTED TWO NATIONAL SURVEYS, TOTALING 8,000 AMERICAN ADULTS, TO ASSESS GENERAL POPULATION TRUST IN PHILANTHROPY AND NONPROFITS AND UNCOVER THE FACTORS THAT DRIVE TRUST IN THE SECTOR.- INDEPENDENT SECTOR, WITH THE DOGOOD INSTITUTE, ANNOUNCED THAT THE LATEST VALUE OF A VOLUNTEER HOUR IS $28.54 - UP 4.9% FROM THE PREVIOUS YEAR. ESTIMATED FROM DATA COLLECTED IN 2020, THE FIGURE SHOWS THE VALUABLE CONTRIBUTIONS VOLUNTEERS MAKE TO SUPPORT OUR COMMUNITIES AND COUNTRY.- INDEPENDENT SECTOR RELEASED OUR SECOND ANNUAL "HEALTH OF THE U.S. NONPROFIT SECTOR" REPORT, AN EVOLVING RESOURCE THAT COLLECTS THE MOST CURRENT DATA ON THE HEALTH OF THE U.S. NONPROFIT SECTOR ACROSS MULTIPLE DIMENSIONS IN A SINGLE, ACCESSIBLE FORMAT. THIS REPORT INCLUDES ORIGINAL RESEARCH FROM INDEPENDENT SECTOR, SPECIFICALLY ANALYSIS OF FEDERAL DATA ABOUT THE NONPROFIT SECTOR'S ECONOMIC IMPACT AND DEMOGRAPHIC COMPOSITION. OTHER DATA IS SOURCED FROM A WIDE RANGE OF EXISTING RESEARCH ON NONPROFIT INSTITUTIONS ESSIBLE FORMAT. THIS REPORT INCLUDES ORIGINAL RESEARCH FROM INDEPENDENT SECTOR, SPECIFICALLY ANALYSIS OF FEDERAL DATA ABOUT THE NONPROFIT SECTOR'S ECONOMIC IMPACT AND DEMOGRAPHIC COMPOSITION. OTHER DATA IS SOURCED FROM A WIDE RANGE OF EXISTING RESEARCH ON NONPROFIT INSTITUTIONS. 209270 OPERATIONAL EXCELLENCE:A HEALTHY AND EQUITABLE CIVIL SOCIETY IS ESSENTIAL TO ACHIEVING THE GOAL OF ALL PEOPLE LIVING IN THE U.S. THRIVING. INDEPENDENT SECTOR WAS FOUNDED TO FOCUS ON AND LEAD THE SECTOR IN FUNDAMENTALLY CONTRIBUTING TO A HEALTHY AND EQUITABLE SECTOR. TO REALIZE THIS LONG-TERM GOAL, INDEPENDENT SECTOR EMBRACES EXCELLENCE IN THE EXECUTION OF OUR DAILY EXTERNAL AND INTERNAL WORK, AND IN DRIVING INNOVATION TO MEET OUR GOAL MORE EXPEDITIOUSLY AND EFFECTIVELY. THIS INCLUDES ENSURING INDEPENDENT SECTOR IS A HEALTHY AND EQUITABLE ORGANIZATION; THAT THE INDEPENDENT SECTOR COMMUNITY IS KNOWN FOR OUR VALUES-DRIVEN CULTURE; THAT NONPROFIT AND FOUNDATION CHANGEMAKERS BUILD AND IDENTIFY WITH THE INDEPENDENT SECTOR COMMUNITY TO ENSURE ALL PEOPLE LIVING IN THE U.S. THRIVE, AND ARE HEALTHIER AND MORE EQUITABLE AS A RESULT OF ENGAGEMENT WITH THE INDEPENDENT SECTOR COMMUNITY; AND THAT NONPROFIT AND FOUNDATION CHANGEMAKERS ACT OUTSIDE OF THEIR ORGANIZATIONS TO IMPROVE THE HEALTH OF THE NONPROFIT SECTOR AND ENSURE ALL PEOPLE IN THE U.S. THRIVE. FOLLOWING IS AN OVERVIEW OF OUR OPERATIONAL EXCELLENCE HIGHLIGHTS DURING THE YEAR:- WITH INVESTMENTS FROM A GIFT FROM MACKENZIE SCOTT IN 2020, WE MADE SIGNIFICANT PROGRESS TOWARD A COMPLETE OVERHAUL OF IS'S DIGITAL INFRASTRUCTURE THROUGH UPGRADES TO THE CRM SYSTEM AND NEW INDEPENDENT SECTOR WEBSITE (DUE TO LAUNCH IN 2022). THE CRM AND WEBSITE ALLOW INDEPENDENT SECTOR TO PROVIDE AN IMPROVED USER EXPERIENCE THROUGHOUT, MORE ACCURATE DATA THAN THE CURRENT DATABASE, MORE IMPROVED INTEGRATION FOR COMMUNITY MEMBER TARGETING AND CUSTOMIZATION, ONLINE DONATIONS FOR THE FIRST TIME, AND ENGAGEMENT SCORING.- INDEPENDENT SECTOR UPGRADED STRATEGIC AND OPERATIONAL PLANNING IN ORDER TO EXECUTE OUR WORK MORE EFFECTIVELY AND DELIVER NEEDED FINANCIAL RESOURCES. 209270 6697636 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 30 0 1 42 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AZ CA CO CT DC FL GA HI IL KS KY MA MD ME MI MS MN NC NH NM NY OH OK PA RI SC TN UT VA WA WI AK X X RICK ROBINSON-COO 2024676100 1602 L STREET NW 900 WASHINGTON DC 20036 JEFFREY L BRADACH CHAIR OF THE BOARD 38.00 X X 0 0 0 FRED BLACKWELL VICE CHAIR OF THE BOARD 1.00 X X 0 0 0 SONYA CAMPION SECRETARY OF THE BOARD 1.00 X X 0 0 0 JENNIFER FORD REEDY TREASURER OF BOARD 1.00 X X 0 0 0 NICOLE ANDERSON BOARD OF DIRECTOR 1.00 X 0 0 0 ANTONY CHIANG BOARD OF DIRECTOR 1.00 X 0 0 0 JIM CLARK BOARD OF DIRECTOR 1.00 X 0 0 0 SUZANNE MCCORMICK BOARD OF DIRECTOR 1.00 X 0 0 0 SARAH KASTELIC BOARD OF DIRECTOR 1.00 X 0 0 0 LARRY KRAMER BOARD OF DIRECTOR 1.00 X 0 0 0 JANINE LEE BOARD OF DIRECTOR 1.00 X 0 0 0 TERRY MAZANY BOARD OF DIRECTOR 1.00 X 0 0 0 MICHAEL MCAFEE BOARD OF DIRECTOR 1.00 X 0 0 0 DIANE MELLEY BOARD OF DIRECTOR 1.00 X 0 0 0 HENRY TIMMS BOARD OF DIRECTOR 1.00 X 0 0 0 DAVID WILLIAMS BOARD OF DIRECTOR 1.00 X 0 0 0 STACEY STEWART BOARD OF DIRECTOR 1.00 X 0 0 0 MARCO DAVIS BOARD OF DIRECTOR 1.00 X 0 0 0 PHOEBE BOYER BOARD OF DIRECTOR 1.00 X 0 0 0 DANIEL J CARDINALI PRESIDENT & CEO 38.00 X 606178 0 47809 RICK ROBINSON CHIEF OPERATING OFFICER 38.00 X 275748 0 35202 JEFF MOORE CHIEF STRATEGY OFFICER 38.00 X 234536 0 40432 KRISTINA CAMPBELL CHIEF COMMUNICATION OFFICER 38.00 X 221464 0 22959 BRANDON JOHNSON DIRECTOR, DIGITAL INNOVATION 38.00 X 152692 0 17831 RHYBERN WATKINS DIR, FINANCE & ADMINISTRATION 38.00 X 147931 0 19980 LIZ CULKIN DIRECTOR, CONFERENCE PLANNING 38.00 X 146687 0 25309 HABIB BAKO SR DIR, COMMUNITY ENGAGEMENT 38.00 X 134179 0 21486 ELYSE HARRINGTON DIR, OPERATIONS & ADMINISTRATION 38.00 X 133608 0 14908 2053023 0 245916 15 0 1 0 WIPFLI LLP 12359 SUNRISE VALLEY DRIVE RESTON VA 20191 CRM CONSULTING 292812 JAMIL BEYURBANKIND INSTITUTE 5 ESTHER STREET PITTSBURGH PA 15210 COMMUNITY BUILDING CONSULTING 291000 WASHINGTON COUNCIL E&Y 1001 PENNSYLVANIA AVENUE NW SUITE WASHINGTON DC 20004 LEGAL CONSULTING 243000 NONPROFIT HR SOLUTIONS 1400 EYE STREET NW 500 WASHINGTON DC 20005 HR CONSULTING 205730 OSI BEYOND LLC 11921 ROCKVILLE PIKE ROCKVILLE MD 20852 TECHNOLOGY SERVICES 170354 6 1424485 841995 5570515 515 7836995 PUBLICATION SALES 900099 87632 87632 CONFERENCE FEES 900004 42916 42916 130548 169261 169261 775908 1483119 -707211 -707211 -258061 -449150 270657 0 270657 270657 270657 SUBLEASE INCOME 900099 83790 83790 PARKING SERVICES 812930 27190 27190 110980 7811230 130548 -230871 74558 X 1493056 868953 423055 201048 2932320 1706599 830868 394853 176581 102769 50034 23778 159944 93087 45320 21537 306619 178451 86880 41288 37142 37142 42263 42263 38873 38873 2273357 1805175 449409 18773 43214 43214 106234 894 104928 412 34646 17323 17323 1100001 690893 300810 108298 -53929 26753 -80719 37 96021 82970 12937 114 750 750 110180 110180 93147 93147 DUES & SUBSCRIPTIONS 195054 15156 179533 365 IN-KIND EXPENSES 515 515 ALLOCATED OVERHEAD 0 1064884 -1216166 151282 9185988 6697636 1526567 961785 534 534 8711390 7568458 1778961 802000 31928 72551 81370 126076 37349724 13801210 24445210 23548514 10365773 11236221 590472 610388 46005638 43964742 683479 738293 8845174 8460561 1071512 250243 10600165 9449097 X 32296212 30127524 3109261 4388121 35405473 34515645 46005638 43964742 -1374758 484930 0 X 0 1 X 1 0 X 10211632 7812260 7668893 15035402 7836995 48565182 10211632 7812260 7668893 15035402 7836995 48565182 9811324 38753858 970891 1005190 852517 839782 662040 4330420 52895602 2124153 0.73260 0.74830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27892 27892 9158096 9185988 609299 152325 0 0 572992 546387 495275 609299 2223953 3335930 19335 17899 11524 27892 76650 143248 136597 123819 152325 555989 833984 8346107 913655 309029 8950733 7722558 899333 275784 8346107 6639801 1336571 253814 7722558 7181640 -316349 225490 6639801 6612008 779979 210347 7181640 1.00000 0 0 5391820 5391820 26729411 9299357 17430054 2466540 1859094 607446 2761953 2642759 119194 23548514 DEFERRED COMPENSATION PLAN LIABILITY 173210 DEFERRED RENT 2315 DEPOSITS HELD IN ESCROW 74718 250243 X 9713216 484930 484930 9228286 38873 -1455929 -1417056 7811230 10603044 1455929 1455929 9147115 38873 38873 9185988 PART V, LINE 4: THE UNRESTRICTED NET ASSETS OF INDEPENDENT SECTOR ARE REPORTED AS UNDESIGNATED AND BOARD DESIGNATED NET ASSETS. UNRESTRICTED NET ASSETS REPRESENT THE PORTION OF EXPENDABLE FUNDS THAT IS AVAILABLE TO SUPPORT THE OPERATIONS OF INDEPENDENT SECTOR, WHILE BOARD DESIGNATED NET ASSETS REPRESENT A PORTION OF UNRESTRICTED NET ASSETS FOR DESIGNATED PURPOSES AND CONSISTS OF A SHORT TERM BUILDING OPERATING FUND AND A LONG TERM RESERVE FUND WHICH WAS CREATED TO ESTABLISH A CORPUS FOR WHICH INVESTMENT INCOME WILL BE USED FOR GENERAL OPERATIONS. AS OF DECEMBER 31, 2021, BOARD DESIGNATED NET ASSETS INCLUDED $500,000 IN THE SHORT TERM BUILDING OPERATING FUND AND $8,450,733 IN THE LONG TERM RESERVE FUND. PART X, LINE 2: MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2018. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B -1,483,119. PARKING SERVICE REVENUE REPORTED ON LINE 11 27,190. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B 1,483,119. PARKING SERVICE REVENUE REPORTED ON LINE 11 -27,190. X X X X X 0 0 0 0 0 0 0 1 0 DANIEL J CARDINALI PRESIDENT & CEO 582817 0 22050 0 1311 0 35302 0 13415 0 654895 0 0 0 RICK ROBINSON CHIEF OPERATING OFFICER 274458 0 0 0 1290 0 12882 0 23791 0 312421 0 0 0 JEFF MOORE CHIEF STRATEGY OFFICER 232556 0 0 0 1980 0 17954 0 25227 0 277717 0 0 0 KRISTINA CAMPBELL CHIEF COMMUNICATION OFFICER 221194 0 0 0 270 0 10436 0 16123 0 248023 0 0 0 LIZ CULKIN DIRECTOR, CONFERENCE PLANNING 144873 0 0 0 1814 0 10085 0 16906 0 173678 0 0 0 BRANDON JOHNSON DIRECTOR, DIGITAL INNOVATION 152392 0 0 0 300 0 10135 0 9229 0 172056 0 0 0 RHYBERN WATKINS DIR, FINANCE & ADMINISTRATION 147277 0 0 0 654 0 9972 0 10764 0 168667 0 0 0 HABIB BAKO SR DIR, COMMUNITY ENGAGEMENT 133938 0 0 0 241 0 10301 0 11901 0 156381 0 0 0 PART I, LINE 7 A ONE-TIME BONUS TO THE CEO/PRESIDENT A DISTRICT OF COLUMBIA 566001131 2013-06-04 11600000 TO REFINANCE PURCHASE OF HEADQUARTERS BUILDING 0 0 0 A 3087296 11600000 11600000 2013 1 0 1 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 0 A 1 FORM 990, PART III, LINE 2 IN 2021, THE POLICY LEADERSHIP PROGRAM BEGAN A NEW INITIATIVE CALLED THE SEAT AT THE TABLE INITIATIVE THAT SEEKS TO ENSURE THE NONPROFIT SECTOR IS A CRITICAL ALLY IN DESIGNING AND IMPLEMENTING THE WORK OF GOVERNMENT. THE SEAT AT THE TABLE INITIATIVE, THROUGH LEGISLATION AND A PROPOSED EXECUTIVE ORDER, WOULD CREATE MECHANISMS THAT LEVERAGE THE MISSION, KNOWLEDGE, AND IMPACT OF NONPROFITS TO HELP GOVERNMENT AND THE SECTOR WORK TOGETHER MORE EFFECTIVELY IN PURSUIT OF SHARED GOALS. FORM 990, PART VI, SECTION A, LINE 6 INDEPENDENT SECTOR HAS MEMBERS THAT HELP SUPPORT THE MISSION OF THE ORGANIZATION FORM 990, PART VI, SECTION A, LINE 7A THERE IS ONLY ONE CLASS OF VOTING MEMBERS. THE MEMBERSHIP HAVE THE AUTHORITY TO ELECT DIRECTORS OF THE ORGANIZATION OTHER THAN THE PRESIDENT. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERSHIP HAVE THE AUTHORITY TO APPROVE CHANGES IN THE ARTICLES OF INCORPORATION AND BY-LAWS, MEMBERSHIP DUES AND/OR DUES ASSESSMENT METHODOLOGY, MEMBERSHIP ELIGIBILITY CRITERIA, AFFIRM MAJOR POLICIES AND LEGISLATIVE ACTIONS BY THE BOARD, AS APPROPRIATE, AND ADOPT RESOLUTIONS ON NATIONAL ISSUES OF CONCERNS TO THE MEMBERSHIP, AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE FORM 990 IS PRESENTED TO INDEPENDENT SECTOR'S AUDIT COMMITTEE FOR REVIEW. THE CHIEF OPERATING OFFICER ALSO REVIEWS THE FORM 990 IN DETAIL WITH THE PRESIDENT AND CHIEF EXECUTIVE OFFICER PRIOR TO OBTAINING THE CEO'S SIGNATURE ON THE DOCUMENT. THE FORM 990 IS ALSO PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW IN ADVANCE OF FILING. IT IS DISTRIBUTED IN ADVANCE OF THE BOARD MEETING IN ORDER TO ENSURE THAT DIRECTORS HAVE THE OPPORTUNITY FOR A MEANINGFUL REVIEW AND TO ALLOW ALL DIRECTORS THE OPPORTUNITY TO GAIN A FULL UNDERSTANDING OF THE DOCUMENT BEFORE IT IS FILED. INDEPENDENT SECTOR'S AUDITORS PARTICIPATE IN THE BOARD MEETING IN ORDER TO RESPOND TO ANY QUESTIONS THAT DIRECTORS MAY HAVE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, BOARD MEMBERS ARE ASKED TO REVIEW INDEPENDENT SECTOR'S CONFLICT OF INTEREST POLICY AND TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. AMONG OTHER THINGS, THE POLICY MAKES CLEAR THAT ALL DECISIONS OF THE BOARD, OFFICERS AND EMPLOYEES OF INDEPENDENT SECTOR ARE TO BE MADE SOLELY ON THE BASIS OF A DESIRE TO PROMOTE THE BEST INTERESTS OF THE ORGANIZATION AND THE PUBLIC GOOD. THE DISCLOSURE STATEMENT, IN TURN, REQUESTS THAT DIRECTORS IDENTIFY, TO THE BEST OF THEIR KNOWLEDGE, AFFILIATIONS WITH ORGANIZATIONS THAT MAY BE POTENTIALLY RELATED TO THE FINANCIAL OR OTHER SUBSTANTIVE OPERATIONS OF INDEPENDENT SECTOR. THEY ARE ALSO ASKED TO IDENTIFY CIRCUMSTANCES INVOLVING EITHER THEMSELVES, OR A MEMBER OF THEIR EXTENDED FAMILY, THAT MAY BE CONSTRUED AS A CONFLICT OF INTEREST. IF SUCH CIRCUMSTANCE SHOULD ARISE SUBSEQUENT TO SUBMITTING THE DISCLOSURE STATEMENT, THE POLICY SETS FORTH AN ONGOING DISCLOSURE REQUIREMENT. AT THE STAFF LEVEL, INDEPENDENT SECTOR PERSONNEL ALSO ENSURE THAT THERE ARE NO CONFLICTS OF INTEREST WHEN CONSIDERING ENGAGEMENT OF A NEW VENDOR. IF A POTENTIAL CONFLICT IS IDENTIFIED, APPROPRIATE STEPS ARE TAKEN BOTH TO ASSESS THE NATURE OF THE POTENTIAL CONFLICT AND, SUBSEQUENTLY, TO ENSURE THAT THE POSSIBILITY OF AN ACTUAL CONFLICT IS MITIGATED. SUCH MITIGATION MAY BE ACHIEVED THROUGH THE RECUSAL OR FIREWALLING OF THE INDIVIDUAL IN QUESTION, THUS ENSURING THAT THE CONFLICT IS MANAGED AND THE LETTER AND SPIRIT OF THE CONFLICTS POLICY ARE UPHELD. IN ADDITION, WE NOTE THAT DURING THE ANNUAL AUDIT STAFF IDENTIFY AND DISCLOSE TO AUDITORS ALL KNOWN CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A APART FROM THE ORGANIZATION'S PRESIDENT AND CHIEF EXECUTIVE OFFICER, INDEPENDENT SECTOR'S BOARD OFFICERS (CHAIR, VICE CHAIR, SECRETARY, AND TREASURER) DO NOT RECEIVE COMPENSATION FROM THE ORGANIZATION. AN ANNUAL COMPENSATION REVIEW PROCESS FOR THE CEO TAKES PLACE UNDER THE LEADERSHIP OF THE BOARD CHAIR AND EXECUTIVE COMMITTEE. AN OUTSIDE CONSULTANT IS RETAINED OR SALARY SURVEYS AND 990S ARE REVIEWED TO PROVIDE INDUSTRY COMPARABLE SALARY DATA. AN INTERMEDIATE SANCTIONS ANALYSIS AND RELATED DOCUMENTATION ARE ALSO COMPLETED. THE EXECUTIVE COMMITTEE HAS RESPONSIBILITY FOR MAKING FINAL RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS REGARDING THE PRESIDENT'S PERFORMANCE EVALUATION AND COMPENSATION. THE BOARD OF DIRECTORS MAKES A FINAL DETERMINATION WITH REGARD TO THESE MATTERS. WITH REGARD TO STAFF COMPENSATION, THE PRESIDENT AND CEO, SENIOR LEADERSHIP TEAM, NONPROFIT HR CONSULTANT AND APPROPRIATE STAFF DIRECTORS ALSO COMPLETE ANNUAL PERFORMANCE EVALUATIONS. FOR ALL STAFF OTHER THAN THE PRESIDENT AND CEO, IS UTILIZES INDUSTRY COMPARABLE DATA IN MAKING DETERMINATIONS REGARDING THE RANGE OF SALARIES. THE PRESIDENT AND CEO MAKES ALL FINAL DETERMINATIONS RELATIVE TO STAFF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 INDEPENDENT SECTOR'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC. THE ANNUAL AUDIT, 990 AND 990-T, BOARD OF DIRECTORS LIST, AND IS POLICIES (CONFLICT OF INTEREST, FINANCIAL RESPONSIBILITY, GIFTS AND ENTERTAINMENT, RECORDS RETENTION AND TRAVEL) ARE ALL AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE (WWW.INDEPENDENTSECTOR.ORG). FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 1,447,601. MANAGEMENT AND GENERAL EXPENSES 347,983. FUNDRAISING EXPENSES 3,531. TOTAL EXPENSES 1,799,115. LEGISLATIVE ASSISTANCE: PROGRAM SERVICE EXPENSES 195,522. MANAGEMENT AND GENERAL EXPENSES 47,001. FUNDRAISING EXPENSES 477. TOTAL EXPENSES 243,000. SPEAKERS, SERVICE BUREAUS, AND OTHER: PROGRAM SERVICE EXPENSES 99,282. MANAGEMENT AND GENERAL EXPENSES 23,865. FUNDRAISING EXPENSES 242. TOTAL EXPENSES 123,389. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 62,770. MANAGEMENT AND GENERAL EXPENSES 30,560. FUNDRAISING EXPENSES 14,523. TOTAL EXPENSES 107,853. 1620 IS LLC 1620 L STREET NW WASHINGTON DC 20036 543219877 BUILDING MANAGEMENT DC 775908 23909298 INDEPENDENT SECTOR