2018-06-25T16:38:49-05:00 2017-08-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2016-09-01 136163137 ASSOCIATION FOR CORPORATE GROWTH ASSO 3129574280 125 S WACKER DRIVE SUITE 3100 CHICAGO IL 60606 JOHN W D O'LOUGHLIN CFO 3129574280 2018-06-25 1 JAMES R THOMAS P00095586 6305738600 2018-06-25 2016 2022-09-23 18:48:47Z JOHN W D O'LOUGHLIN 125 S WACKER DRIVE SUITE 3100 CHICAGO IL 60606 10308145 0 X WWW.ACG.ORG X 1954 IL TO PROMOTE THE PROFESSIONAL AND BUSINESS INTERESTS OF THE ASSOCIATION FOR CORPORATE GROWTH MEMBERS BY PROVIDING ACCESS TO KNOWLEDGE AND BUSINESS OPPORTUNITIES THROUGH NETWORKING, COMMUNICATIONS AND FORUMS RELATED TO BOTH INTERNAL AND EXTERNAL CORPORATE GROWTH. EFFECTIVELY SUPPORT LOCAL CHAPTERS IN ACHIEVING THEIR MEMBERSHIP, NETWORKING AND PROGRAMMING GOALS AND STRENGTHEN THE PERCEIVED VALUE PROVIDED BY THE ASSOCIATION. 27 27 24 135 297955 49946 2405441 2656870 4812932 5318144 73877 108371 1971592 2224760 9263842 10308145 0 0 0 0 3300123 2797403 0 0 0 5874819 6605288 9174942 9402691 88900 905454 6731727 7902445 4266262 4457359 2465465 3445086 X TO PROMOTE THE PROFESSIONAL AND BUSINESS INTERESTS OF THE ASSOCIATION FOR CORPORATE GROWTH MEMBERS BY PROVIDING ACCESS TO KNOWLEDGE AND BUSINESS OPPORTUNITIES THROUGH NETWORKING, COMMUNICATIONS AND FORUMS RELATED TO BOTH INTERNAL AND EXTERNAL CORPORATE GROWTH. EFFECTIVELY SUPPORT LOCAL CHAPTERS IN ACHIEVING THEIR MEMBERSHIP, NETWORKING AND PROGRAMMING GOALS AND STRENGTHEN THE PERCEIVED VALUE PROVIDED BY THE ASSOCIATION. 0 0 ANNUAL ACG INTERGROWTH CONFERENCE THE ANNUAL ACG INTERGROWTH CONFERENCE IN LAS VEGAS, NEVADA WAS HELD OVER THREE DAYS IN APRIL 2017 AND WAS ATTENDED BY APPROXIMATELY 2,000 PEOPLE. IT ALLOWS MEMBERS AND NON-MEMBERS TO ATTEND EDUCATION AND KEYNOTE SPEAKER SESSIONS, EXCHANGE IDEAS, LEARN ABOUT CURRENT TRENDS IN THE INDUSTRY AND NETWORK. MEMBERSHIP MEMBERS OF THE ASSOCIATION FOR CORPORATE GROWTH HAVE ACCESS TO A VARIETY OF TOOLS TO ENHANCE THEIR PROFESSIONAL DEVELOPMENT, KNOWLEDGE BASE AND NETWORKING. THESE INCLUDE: - MEMBER RATES TO ATTEND THE ANNUAL INTERGROWTH CONFERENCE - LOCAL CHAPTER PROGRAMS - RECEIVE THE MONTHLY MEMBER MAGAZINE "MERGERS & ACQUISITIONS" PUBLICATIONS FROM SOURCEMEDIA - SUBSCRIPTION TO ACG'S MONTHLY, WEEKLY, AND DAILY E-NEWSLETTERS - ACCESS TO ACG JOBSOURCE - INDUSTRY WHITE PAPERS - ACCESS TO ONLINE MEMBERSHIP DIRECTORY CHAPTERS FIFTY-EIGHT CHAPTERS SERVE THE 14,500 MEMBERS OF ACG WORLDWIDE. CHAPTERS PROVIDE LOCAL BREAKFAST MEETINGS, LUNCHES, CONFERENCES AND SPECIAL EVENTS THAT ENABLE NETWORKING AND EDUCATION. CHINA INTERNATIONAL PRIVATE EQUITY FORUM ("CIPEF")THE ASSOCIATION FOR CORPORATE GROWTH CO-SPONSORS THE CHINA INTERNATIONAL PRIVATE EQUITY FORUM ("CIPEF") HELD IN JUNE EACH YEAR IN TIANJIN, CHINA. THE CONFERENCE PRESENTS AN OPPORTUNITY TO LEARN ABOUT INVESTING IN CHINA AND NETWORK DIRECTLY WITH THOUSANDS OF CHINESE COMPANIES SEEKING FOREIGN INVESTMENT. ACG CAPITALLINK TM PUTS THE PITCHBOOK PROPRIETARY DATABASE OF THOUSANDS OF CAPITAL RESOURCES AT YOUR FINGERTIPS, INCLUDING PRIVATE EQUITY FIRMS, HEDGE FUNDS, MEZZANINE INVESTORS, SMALL BUSINESS INVESTMENT COMPANIES, VALUATION FIRMS AND M&A ADVISORY FIRMS. IT'S A COMPREHENSIVE, UP-TO-DATE, USER-FRIENDLY ONLINE RESOURCE, AVAILABLE AT NO COST TO ACG MEMBERS. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 X 43 0 24 1 1 1 1 CA CH HK UK 0 0 0 0 X 27 27 0 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X X X JOHN O'LOUGHLIN 3129574280 125 S WACKER DRIVE SUITE 3100 CHICAGO IL 60606 JASON BYRD DIRECTOR 1.00 X 0 0 0 KAREN TULETA DIRECTOR 1.00 X 0 0 0 STEVE CASTINO DIRECTOR 1.00 X 0 0 0 BRENT BAXTER DIRECTOR 1.00 X 0 0 0 JOHN B DOLLISON DIRECTOR 7.00 X 0 0 0 ARIC HASSEL DIRECTOR 1.00 X 0 0 0 JOHN JESTER DIRECTOR 1.00 X 0 0 0 KARIN KOVACIC DIRECTOR 1.00 X 0 0 0 MARK LEHMAN DIRECTOR 1.00 X 0 0 0 SCOTT LINCH DIRECTOR 1.00 X 0 0 0 ROB BRIGHTON DIRECTOR 1.00 X 0 0 0 MARTIN OKNER DIRECTOR 1.00 X 0 0 0 DON LIPARI DIRECTOR 1.00 X 0 0 0 KAREN GREXA DIRECTOR 1.00 X 0 0 0 TITUS SCHURINK DIRECTOR 1.00 X 0 0 0 THOMAS TURMELL DIRECTOR 1.00 X 0 0 0 MICHAEL DIPIANO DIRECTOR 1.00 X 0 0 0 RICHARD JAFFE DIRECTOR 7.00 X 0 0 0 CASSANDRA MOTT DIRECTOR 1.00 X 0 0 0 JAY HANSEN DIRECTOR 1.00 X 0 0 0 MITCH WOOLERY DIRECTOR 1.00 X 0 0 0 GRETCHEN PERKINS DIRECTOR 1.00 X 0 0 0 RICK GEBERT DIRECTOR 1.00 X 0 0 0 WALTER O'HAIRE DIRECTOR 1.00 X 0 0 0 ANGIE MACPHEE DIRECTOR 3.00 X 0 0 0 JASON BROWN DIRECTOR 7.00 X 0 0 0 MARK HOLLIS DIRECTOR 1.00 X 0 0 0 GARY LABRANCHE FORMER CEO 40.00 X 427171 0 77365 JOHN O'LOUGHLIN CFO 40.00 X 206852 0 37189 LESLIE WHITTET VP CHAPTERS 40.00 X 177838 0 32996 CHRISTINE MELENDES VP CONFERENCES 40.00 X 176227 0 23496 KRISTIN GOMEZ VP COMMUNICATIONS 40.00 X 135299 0 28244 AMBER LANDIS FORMER VP PUBLIC POLICY 40.00 X 116391 0 26558 LOURA COOPER SENIOR DIRECTOR OF FINANCE 40.00 X 126321 0 23076 1366099 0 248924 8 0 1 0 HYATT REGENCY NEW ORLEANS 601 LOYOLA AVENUE NEW ORLEANS LA 70113 HOTEL 489474 FREEMAN DECORATING CO 1600 VICEROY DRIVE DALLAS TX 75235 DECORATING 485598 SANDSTORM DESIGN INC 4619 N RAVENSWOOD AVENUE CHICAGO IL 60640 MARKETING 326209 BONNIE BOYD & COMPANY 832 BARONNE STREET NEW ORLEANS LA 70113 MANAGEMENT 216067 ML-AI 125 WACKER LLC 125 S WACKER DRIVE CHICAGO IL 60606 RENT 178544 5 2656870 2656870 ANNUAL CONFERENCE 541900 4512459 3249917 7790 1254752 DIGITAL PUBLICATIONS/ADVERTISING 541800 399968 246718 153250 PUBLIC POLICY 541900 272042 272042 GLOBAL SPONSORSHIP 541900 133675 133675 5318144 108371 108371 309000 309000 PAYROLL SERVICES - CHAPTERS 900099 1992348 1992348 MISCELLANEOUS INCOME 900099 119113 75666 43447 EQUITY IN SUBSIDIARY 900099 -195701 -195701 1915760 10308145 5122230 297955 2231090 1123387 1305863 94902 273251 94346 39647 38194 111928 299418 68685 267614 255657 261783 240546 2512907 1743605 175219 48245 OTHER EXPENSES 190192 BANK AND CREDIT CARD FE 156876 DUES AND SUBSCRIPTIONS 57756 TAXES 38794 3876 9402691 1974150 2915942 156930 119535 206151 178264 1847506 622011 803247 1225495 1561832 1676269 1249745 707884 779672 1079056 6731727 7902445 1051744 916474 1910825 1956241 1303693 1584644 4266262 4457359 X 2465465 3445086 2465465 3445086 6731727 7902445 905454 74167 0 X X 0 1 X 1 0 0 0 1 2656870 311025 112936 423961 274854 149107 572433 260197 312236 1275073 361814 913259 1225495 -652947 C CERTIFICATES OF DEPOSIT 964377 F INVESTMENTS HELD FOR DEFERRED COMPENSATION PLANS 396454 F 707884 DUE FROM CHAPTERS 158298 INCOME TAXES RECEIVABLE 2267 INTEREST RECEIVABLE 2867 DUE FROM SUBSIDIARIES 915624 1079056 DUE TO CHAPTERS 1059596 DEFERRED RENT OBLIGATION 525048 1584644 X 10487312 74167 105000 179167 10308145 0 10308145 9507691 105000 105000 9402691 0 9402691 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS SUBJECT TO INCOME TAXES ON ITS UNRELATED BUSINESS INCOME. THE ASSOCIATION'S INCOME TAX EXPENSE WAS $37,490 AND $28,507 FOR THE YEARS ENDED AUGUST 31, 2017 AND 2016, RESPECTIVELY. THE ASSOCIATION HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ASSOCIATION DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED AUGUST 31, 2017 AND 2016. EAST ASIA AND PACIFIC 0 0 PROGRAM SERVICES CHAPTER OPERATIONS 10409 EUROPE 0 0 PROGRAM SERVICES MEETINGS 27924 SOUTH AMERICA 0 0 PROGRAM SERVICES LEGAL AND WEBSITE FEES 1250 0 0 0 0 0 0 39583 0 39583 0 0 1 0 0 0 X 1 1 X X X X 0 0 0 GARY LABRANCHE FORMER CEO 370921 0 56250 0 0 0 37500 0 39865 0 504536 0 0 0 JOHN O'LOUGHLIN CFO 187904 0 18948 0 0 0 18948 0 18241 0 244041 0 0 0 LESLIE WHITTET VP CHAPTERS 161566 0 16272 0 0 0 16273 0 16723 0 210834 0 0 0 CHRISTINE MELENDES VP CONFERENCES 156193 0 20034 0 0 0 15411 0 8085 0 199723 0 0 0 KRISTIN GOMEZ VP COMMUNICATIONS 122692 0 12607 0 0 0 12607 0 15637 0 163543 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE ACG BOARD OF DIRECTORS ARE ELECTED ANNUALLY BY THE INCUMBENT BOARD OF DIRECTORS AT THE ANNUAL MEETING. PER ARTICLE V, SECTION 7 (A) OF THE BYLAWS: "THE ANNUAL MEETING OF THE BOARD OF DIRECTORS SHALL, UNLESS OTHERWISE DETERMINED BY THE BOARD, BE THE FIRST MEETING OF THE CALENDAR YEAR. AT THAT MEETING, THE BOARD OF DIRECTORS SHALL ELECT OFFICERS AND DIRECTORS FOR THE FISCAL YEAR BEGINNING SEPTEMBER 1 OF THAT CALENDAR YEAR AND CONDUCT SUCH OTHER BUSINESS AS THE BOARD DETERMINES APPROPRIATE". FORM 990, PART VI, SECTION B, LINE 11B FIRST, THE DRAFT FORM 990 IS REVIEWED INITIALLY BY THE FINANCE COMMITTEE AFTER HAVING BEEN PREPARED BY ACG TAX CONSULTANTS AND THE CFO. THEN THE DRAFT FORM 990 IS MADE AVAILABLE TO ALL BOARD DIRECTORS FOR A REVIEW PERIOD OF SEVEN (7) CALENDAR DAYS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCATION MAINTAINS A CONFLICTS OF INTEREST POLICY, WHICH WAS ADOPTED ON FEBRUARY 23, 2010. EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATE POWERS, KEY EMPLOYEE OR MATERIAL VENDOR IS REQUIRED ANNUALLY TO AFFIRM THEIR UNDERSTANDING AND AGREEMENT TO COMPLY WITH THE STATED POLICY. EACH DIRECTOR, OFFICER, MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS, KEY EMPLOYEE OR MATERIAL VENDOR SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICTS OR INTEREST POLICY; B) HAS READ AND UNDERSTANDS THE POLICY; C) HAS AGREED TO COMPLY WITH THE POLICY; AND D) UNDERSTANDS THAT THE ASSOCIATION IS A NOT-FOR-PROFIT ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED ANNUALLY IN SEPTEMBER BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE CEO HAS A WRITTEN EMPLOYMENT CONTRACT. A REVIEW OF SIMILAR SIZE ORGANIZATIONS' FORM 990S AND INDEPENDENT NOT-FOR-PROFIT COMPENSATION STUDIES WERE PREPARED AND CONSIDERED BY THE COMPENSATION COMMITTEE BEFORE SETTING ANNUAL COMPENSATION OF THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES AVAILABLE ON ITS WEBSITE TO THE PUBLIC (I) THE LATEST AUDIT REPORT SIGNED BY INDEPENDENT ACCOUNTANTS, (II) THE MOST RECENT FORM 990, (III) THE ASSOCIATION'S CURRENT BYLAWS, (IV) THE CONFLICTS OF INTEREST POLICY, (V) WHISTLEBLOWER POLICY, (VI) RECORD RETENTION AND DESTRUCTION POLICY, AND (VII) THE ASSOCIATION'S PRIVACY POLICY. FORM 990, PART XII, LINE 2C ACG HAS AN AUDIT COMMITTEE GOVERNED BY THE AUDIT COMMITTEE CHARTER. THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE ANNUAL AUDIT AND THE SELECTION OF ACG'S INDEPENDENT ACCOUNTANTS / AUDITOR. ACG CHINA LTD LEVEL 54 HOPEWELL CENTRE 183 QUEE EAST HONG KONG CH HOLDING CO. CH ASSOCIATION FOR CORPORATE GROWTH C -1518 31988 1.00000 0 ACG GLOBAL (EUROPE) LTD MUNRO HOUSE PORTSMOUTH ROAD COBHAM SURREY KT11 1 PP UK CHAPTER UK ASSOCIATION FOR CORPORATE GROWTH C -194183 298538 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ACG CHINA LTD D 64774 ACG GLOBAL (EUROPE) LTD D 850850