2016-05-12T14:16:48-05:00 2015-12-31 420714325 RSM US LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2015-01-01 521081024 INDEPENDENT SECTOR INDE 2024676100 1602 L STREET NW NO 900 WASHINGTON DC 20036 CAROLYN MOLLEN VP, CFO 2024676100 2016-05-11 1 WILLIAM E TURCO CPA P00369217 3012963600 2015 2016-09-27 15:27:22Z DIANA AVIV 1602 L STREET NW NO 900 WASHINGTON DC 20036 13294485 0 X WWW.INDEPENDENTSECTOR.ORG X 1980 DC TO LEAD AND CATALYZE THE CHARITABLE COMMUNITY, (SEE SCHEDULE O) PARTNERING WITH GOVERNMENT, BUSINESS, AND INDIVIDUALS TO ADVANCE THE COMMON GOOD. 22 22 50 330 114884 0 7316436 8348560 875235 794109 229323 279991 282253 389804 8703247 9812464 0 0 0 0 5090794 5187013 0 134400 931528 3683410 4162013 8774204 9483426 -70957 329038 45286678 43933869 14962861 13552822 30323817 30381047 X TO LEAD AND CATALYZE THE CHARITABLE COMMUNITY, PARTNERING WITH GOVERNMENT, BUSINESS, AND INDIVIDUALS TO ADVANCE THE COMMON GOOD. 0 0 2243849 PUBLIC POLICY AND COMMUNITY ENGAGEMENT- INDEPENDENT SECTOR (IS) PROVIDES LEADERSHIP FOR AND COLLABORATES WITH OUR MEMBER ORGANIZATIONS AND OTHER STAKEHOLDERS TO EDUCATE PUBLIC OFFICIALS ABOUT THE VALUE OF THE CHARITABLE COMMUNITY AND TO ADVOCATE FOR FEDERAL POLICIES AND REGULATIONS THAT ADVANCE THE ABILITY OF CHARITABLE AND PHILANTHROPIC ORGANIZATIONS TO SERVE THEIR COMMUNITIES. KEY ACHIEVEMENTS IN 2015 INCLUDED ENACTMENT OF LEGISLATION THAT MADE PERMANENT THREE IMPORTANT CHARITABLE GIVING INCENTIVES THAT TOGETHER ENCOURAGE GIFTS OF EXCESS FOOD INVENTORY, CONSERVATION EASEMENTS TO PRESERVE OPEN SPACE, AND GIFTS FROM THE RETIREMENT SAVINGS OF OLDER AMERICANS. IS ALSO CONTINUED TO SERVE AS A RESOURCE TO LAWMAKERS AND THEIR STAFF IN BOTH CHAMBERS ON KEY SECTOR-WIDE ISSUES. THIS WAS EVIDENCED BY THE INVITATION FOR PRESIDENT AND CEO DIANA AVIV TO TESTIFY BEFORE THE SENATE JUDICIARY COMMITTEE'S SUBCOMMITTEE ON OVERSIGHT, AGENCY ACTION, FEDERAL RIGHTS AND FEDERAL COURTS, CHAIRED BY SEN. TED CRUZ, ON PROPOSED IRS RULES REGARDING POLITICAL ACTIVITY BY TAX-EXEMPT ORGANIZATIONS. IS ALSO CONTINUED TO ENCOURAGE POLICYMAKERS TO SUPPORT TAX INCENTIVES THAT ENCOURAGE ALL AMERICANS TO CONTRIBUTE TO CHARITY AND SUCCEEDED IN STAVING OFF EFFORTS TO CURTAIL TAX DEDUCTIONS FOR CHARITABLE GIFTS AVAILABLE TO TAXPAYERS AT HIGHER INCOME LEVELS. IS HAS ALSO REMAINED COMMITTED TO ADVANCING THE ABILITY OF PUBLIC CHARITIES TO ENGAGE IN ADVOCACY EFFORTS ON BEHALF OF THE COMMUNITIES AND CAUSES THEY SERVE, AND TO REMOVING OBSTACLES THAT INHIBIT FUNDERS FROM SUPPORTING THOSE EFFORTS. IS USED A VARIETY OF VEHICLES TO CONNECT AND MOBILIZE OUR MEMBERS AND THE SECTOR ON THESE ISSUES, INCLUDING THE PUBLIC POLICY ACTION INSTITUTE AT THE NATIONAL CONFERENCE, OUR DAILY EMAIL HIGHLIGHTING KEY POLICY DEVELOPMENTS; MONTHLY STRATEGY MEETINGS WITH CHARITABLE COMMUNITY POLICY LEADERS; MONTHLY LEGISLATIVE UPDATES BY TELECONFERENCE; WEBINARS, SPECIAL CALLS, EMAIL COMMUNICATIONS AND SOCIAL MEDIA AS NEEDED; AND THE POLICY SECTION OF OUR WEBSITE. THROUGH THESE AND OTHER EFFORTS, IS STRENGTHENS THE ABILITY OF PUBLIC CHARITIES AND PRIVATE FOUNDATIONS TO SHAPE KEY PUBLIC POLICIES AND TO STRENGTHEN THE PARTNERSHIP BETWEEN GOVERNMENT AND THE CHARITABLE COMMUNITY.IS ALSO VISITED 13 CITIES ACROSS THE COUNTRY TO ENGAGE IN "THREADS" COMMUNITY CONVERSATIONS ABOUT THE BARRIERS AND OPPORTUNITIES TO STRENGTHENING COMMUNITIES AND CIVIL SOCIETY, AND THE CRITICAL ROLE THE SECTOR MUST PLAY IN REPAIRING THE FABRIC OF DEMOCRATIC SOCIETY. THROUGH THESE CONVERSATIONS WITH MORE THAN 1,200 PARTICIPANTS WE GATHERED INSIGHTS TO INFORM AND VALIDATE OUR VISION AND SHAPE OUR VIEW OF HOW IS CAN BRING THE GREATEST VALUE IN THE YEARS AHEAD. 1829676 734195 NATIONAL CONFERENCE- THE IS NATIONAL CONFERENCE PROVIDES THE PREMIER MEETING GROUND FOR LEADERS FROM THE NONPROFIT SECTOR AND PHILANTHROPIC SECTOR, BRINGING TOGETHER LEADERS FROM PUBLIC CHARITIES, FOUNDATIONS, CORPORATE GIVING PROGRAMS, AND ACADEMIA TO SHARE THEIR EXPERIENCES AND EXPERTISE TO DISCUSS AND ADDRESS CRITICAL ISSUES FACING OUR SECTOR, THE NATION AND THE WORLD. IN OCTOBER, 2015, OVER 1100 PEOPLE (INCLUDING OVER 100 ON SCHOLARSHIP) REGISTERED FOR OUR ANNUAL CONFERENCE FEATURING INTERACTIVE SESSIONS INFUSED WITH THE ARTS IN MIAMI, FLORIDA. ABOUT 195 PARTICIPATED IN OUR PUBLIC POLICY ACTION INSTITUTE AND NGEN PROGRAMMING (FOR NONPROFIT PROFESSIONALS UNDER 40) WHICH ARE IS' SIGNATURE PRE-CONFERENCE OFFERINGS. THE EXPERTISE AND VIBRANCY OF ALL OUR PARTICIPANTS PRODUCED A WORLD-CLASS EXCHANGE OF IDEAS. WITH OVER 200 SPEAKERS, THE MEETING FEATURED OVER 30 BREAKOUT SESSIONS AND INNOVATIVE FORMATS THAT HELPED PARTICIPANTS EXAMINE HOW TO CREATE SOLUTIONS, BUILD LASTING IMPACT AND TO IMAGINE AND CREATE BRIGHTER FUTURES FOR THEIR ORGANIZATIONS AND THE PEOPLE THEY SERVE. THE CONFERENCE OFFERS A C-SUITE TRACK FOR PROFESSIONALS DIRECTLY REPORTING TO THE CEO AND SPECIAL SESSIONS TARGETED FOR CEOS OR EXECUTIVE DIRECTORS WHO MADE UP 33% OF CONFERENCE REGISTRANTS. PLENARY SPEAKERS SPOKE ON THE FUTURE OF OUR DEMOCRACY AND TRENDS AFFECTING THE SECTOR AND SOCIETY. CONFERENCE ATTENDEES VIEW THE CONFERENCE AS A WAY TO EXPAND THEIR PROFESSIONAL NETWORK AS WELL AS TO GAIN NEW THINKING, SKILLS AND PRACTICES TO IMPROVE THEIR WORK. 944818 26715 PROGRAMS AND PRACTICE (P&P) - IN 2015, INDEPENDENT SECTOR CONTINUED TO STRENGTHEN LEADERSHIP CAPACITY, TO PROMOTE GOOD GOVERNANCE, AND TO ADDRESS SIGNIFICANT ISSUES FACING THE CHARITABLE COMMUNITY. NGEN: P&P BROADENED THE REACH AND EFFECTIVENESS OF 'NGEN: MOVING NONPROFIT LEADERS FROM NEXT TO NOW', OUR LEADERSHIP DEVELOPMENT PROGRAM THAT BUILDS THE CAPACITY OF NONPROFIT AND PHILANTHROPIC LEADERS AGE 40 AND UNDER TO HAVE SIGNIFICANT IMPACT ON SOCIETY'S TOUGHEST CHALLENGES. WE CONTINUED THE AMERICAN EXPRESS NGEN FELLOWS PROGRAM, A YEAR-LONG FELLOWSHIP FOR 12 DIVERSE EMERGING LEADERS FROM ACROSS THE SECTOR; A FELLOWS ALUMNI PROGRAM THAT HAS GROWN TO 72 FORMER FELLOWS; AND THE AMERICAN EXPRESS NGEN LEADERSHIP AWARD PROGRAM, WHICH RECOGNIZES ONE HIGHLY ACCOMPLISHED SECTOR LEADER WHO HAS ALREADY DEMONSTRATED SIGNIFICANT IMPACT IN ADDRESSING SOCIETY'S CRITICAL NEEDS. WE CONDUCTED FOUR NGEN COMMUNITY DIGITAL LEARNING EVENTS, AND AN NGEN TRACK AND NETWORKING OPPORTUNITIES ENGAGING MORE THAN 90 EMERGING LEADERS AT THE IS NATIONAL CONFERENCE. WE HOSTED NGEN NETWORKING RECEPTIONS AT THE YOUNG NONPROFIT PROFESSIONALS NETWORK AND NTEN CONFERENCES, ENGAGING MORE THAN 200 EMERGING LEADERS. C-SUITE: P&P EXPANDED THE C-SUITE LEADERSHIP PROGRAM, WHICH TARGETS SENIOR LEADERS WHO REPORT TO THE CEO. IN 2015, P&P CO-CONVENED C-SUITE REGIONAL EVENTS IN WASHINGTON DC AND NEW YORK CITY, SERVING MORE THAN 70 SENIOR EXECUTIVES. WE CONDUCTED TWO C-SUITE DIGITAL LEARNING EVENTS, AND A C-SUITE TRACK AND NETWORKING RECEPTION ENGAGING MORE THAN 170 SENIOR EXECUTIVES AT THE IS NATIONAL CONFERENCE. IN ADDITION, P&P GREW THE NGEN AND C-SUITE ONLINE COMMUNITIES TO 262 AND 201 MEMBERS RESPECTIVELY. THESE LINKEDIN GROUPS PROVIDE A FORUM THROUGH WHICH LEADERS CAN CONNECT WITH A NATIONAL PEER NETWORK, ACCESS RESOURCES AND PEER SUPPORT, AND EXCHANGE VIEWS.ETHICS AND ACCOUNTABILITY: IN 2015, WE RELEASED THE UPDATED 'PRINCIPLES FOR GOOD GOVERNANCE AND ETHICAL PRACTICE' ALONG WITH A REDESIGNED PRINCIPLES ONLINE RESOURCE CENTER WHICH INCLUDES IN-DEPTH INFORMATION ON THE PRINCIPLES, A DATABASE OF OVER 350 RESOURCES ON CHARITABLE SECTOR GOVERNANCE AND ETHICS, AND A NEW SELF-ASSESSMENT TOOL THAT ORGANIZATIONS CAN USE TO DETERMINE THEIR STRENGTHS AND WEAKNESSES IN COMPLYING WITH THE PRINCIPLES. THE ONLINE PRINCIPLES AND RESOURCES WERE ACCESSED NEARLY 70,000 TIMES. TO SUPPORT THE AWARENESS AND ADAPTATION OF THE PRINCIPLES, WE CONDUCTED A GOVERNANCE AND ETHICS WORKSHOP FOR 35 LEADERS AT IS' NATIONAL CONFERENCE AS WELL AS SESSIONS ON THE PRINCIPLES AT THE ASSOCIATION OF FUNDRAISING PROFESSIONALS (AFP) INTERNATIONAL CONFERENCE, THE NATIONAL ASSOCIATION OF STATE CHARITY OFFICIALS/NATIONAL ASSOCIATION OF ATTORNEYS GENERAL (NASCO/NAAG) CONFERENCE, AND THE BOARDSOURCE LEADERSHIP FORUM. COLLECTIVELY, 4700 INDIVIDUALS ATTENDED THESE CONFERENCES. IS PARTNERED WITH 36 ORGANIZATIONS TO DISSEMINATE THE PRINCIPLES, 45 ORGANIZATIONS THAT CO-SIGNED THE PRINCIPLES, AND FOUR STATEWIDE NONPROFIT/FUNDERS NETWORKS WHO CO-BRANDED THE PRINCIPLES AND REACHED AN ESTIMATED 50,000 WORKING IN OR WITH THE SECTOR.ADDITIONAL ISSUES FACING THE SECTOR: IN 2015, IS' THREADS COMMUNITY CONVERSATIONS PROVIDED A WEALTH OF INFORMATION ABOUT CHALLENGES THAT CHARITABLE ORGANIZATIONS FACE IN MEETING THEIR MISSION. IN RESPONSE, IS BEGAN TO CURATE RESOURCES TO ADDRESS THOSE CHALLENGES. WE ALSO BEGAN A 'DEEP DIVE' INITIATIVE IN WHICH IS WILL STRIVE TO CREATE NEW KNOWLEDGE ON HOW TO ADDRESS SECTOR CHALLENGES. THE FIRST 'DEEP DIVE' TOPIC IS THE POWER DYNAMIC BETWEEN GRANTEES AND GRANTORS. THE PROGRAMMING WILL RANGE FROM PROFILING EXAMPLES OF SUCCESSFUL RELATIONSHIPS TO PROVIDING PRACTICAL TOOLS TO HELP PARTNERS NAVIGATE THE POWER DYNAMIC. 766715 NETWORKS AND MEMBER ENGAGEMENT- THE IS MEMBERSHIP IS A LEADERSHIP NETWORK OF OVER 550 ORGANIZATIONS REPRESENTING A CROSS SECTION OF THE CHARITABLE AND PHILANTHROPIC COMMUNITY INCLUDING LOCAL, REGIONAL AND NATIONAL PUBLIC CHARITIES, FOUNDATIONS, CORPORATE GIVING PROGRAMS, AND OTHER ORGANIZATIONS COMMITTED TO ADVANCING THE COMMON GOOD. WE ENGAGE MEMBERS OF DIFFERENT TYPES, SIZES, MISSION AREAS, AND GEOGRAPHIES, AND INVOLVE OUR MEMBERSHIP IN ALL OF OUR EFFORTS TO STRENGTHEN THE CHARITABLE COMMUNITY. THIS INCLUDES: DEVELOPING POLICY POSITIONS AND AMPLIFYING THE VOICE OF THE CHARITABLE COMMUNITY TO THE ADMINISTRATION AND LEGISLATORS, SUPPORTING AND DEVELOPING ESTABLISHED AND EMERGING LEADERS, AND PROMOTING GOOD GOVERNANCE STANDARDS. MEMBERS ARE INFORMED THROUGH OUR DAILY, MONTHLY, AND QUARTERLY COMMUNICATIONS, AND THROUGH REPORTS ON RELEVANT TOPICS PROVIDING INSIGHT INTO THE FORCES SHAPING THE CHARITABLE COMMUNITY. MEMBERS ARE ENGAGED THROUGH COMMITTEES, TRAININGS, ONLINE AND IN-PERSON EVENTS, AND AT OUR ANNUAL CONFERENCE WHERE THEY BRING THEIR THOUGHT LEADERSHIP AND ADVANCE PRACTICE EXPERTISE. 798905 COMMUNICATIONS - INDEPENDENT SECTOR WORKS TO COMMUNICATE THE VALUE OF THE CHARITABLE COMMUNITY TO THE MEDIA, ELECTED OFFICIALS, THE PUBLIC, AND STAFF AT PUBLIC CHARITIES AND FOUNDATIONS WHILE EDUCATING ITS MEMBERSHIP AND AUDIENCES ACROSS THE SOCIAL GOOD SPACE ON EMERGING CHALLENGES, OPPORTUNITIES, AND TRENDS. IN 2015, COVERAGE OF IS ACTIVITIES APPEARED MORE THAN 765 TIMES IN NATIONAL OUTLETS INCLUDING THE NEW YORK TIMES, THE WALL STREET JOURNAL, THE WASHINGTON POST, USA TODAY, THE HUFFINGTON POST, AS WELL AS IN TRADE PUBLICATIONS SUCH AS THE CHRONICLE OF PHILANTHROPY, THE NONPROFIT TIMES, AND NONPROFIT QUARTERLY. MEDIA REPRESENTATIVES LOOK TO IS FOR EXPERTISE ON GIVING, VOLUNTEERING, ETHICS, AND ACCOUNTABILITY AND ON PUBLIC POLICIES AFFECTING THE CHARITABLE COMMUNITY, SUCH AS THE CHARITABLE DEDUCTION, JOBS PROGRAMS, AND TAX EXEMPTIONS. SOME OF THE INCREASE MEDIA REPORTING THIS YEAR WAS ALSO A RESULT OF THE CEO DEPARTURE ANNOUNCEMENT.INDEPENDENT SECTOR CONTINUES TO SERVE AS A SOURCE OF BEST PRACTICES, STRATEGIES, AND EMERGENT TRENDS TO THE CHARITABLE AND PHILANTHROPIC COMMUNITY, AND A FORUM TO DISCUSS THEM. THE PRESIDENT AND CEO SPOKE AT 25 HIGH-VISIBILITY ENGAGEMENTS ON TWO CONTINENTS IN 2015, SHARING IS'S WORK. IN 2015, THE CEO AS PART OF THE NEW STRATEGIC VISION, PARTICIPATED IN 15 UNIQUE IN PERSON AND VIRTUAL COMMUNITY LISTENING AND LEARNING SESSIONS KNOWN AS THREADS. ..THE ORGANIZATION PUBLISHED A REPORT, THREAD BY THREAD. CREATING A BETTER WORLD TOGETHER, THAT ANALYZED DATA FROM THE THREADS COMMUNITY CONVERSATIONS. SEVERAL MEMBERS OF THE SENIOR MEMBER TEAM REPRESENTED THE INTERESTS OF OUR MEMBERS AND THE CHARITABLE COMMUNITY AT SPEAKING EVENTS AND WITH THE MEDIA PARTICULARLY DURING THE LAST HALF OF 2015. IS IS CONTINUALLY IMPROVING OUR DIGITAL PRESENCE, USER EXPERIENCE, MEANS OF DISSEMINATION OF KEY MATERIALS, AND ONLINE OPPORTUNITIES FOR ENGAGEMENT. IN 2015, IS LAUNCHED THE REDESIGN OF ITS WEBSITE AND DEVELOPMENT OF ITS DIGITAL STRATEGY. THE FIRST TWO PHASES OF THE WEBSITE WERE COMPLETED IN 2015 AND THE WEBSITE IS EXPECTED TO BE LAUNCHED IN THE LAST HALF OF 2016. INDEPENDENT SECTOR SAW ITS LARGEST SOCIAL MEDIA GROWTH IN 2015 AS IT ADDED ON AVERAGE DURING THE FIRST FIVE MONTHS OF THE YEAR OVER 500 NEW FOLLOWERS PER MONTH. CURRENTLY TWITTER FOLLOWERS AT 29,130. DURING THE SAME PERIOD FACEBOOK LIKES CONTINUED TO GROW WITH MORE THAN 7000 LIKES QUARTER TO QUARTER. IN THE FOURTH QUARTER OF 2015, INDEPENDENT SECTOR LAUNCHED ITS NEW QUARTERLY MAGAZINE, ISQ, A VEHICLE FOR MEMBER ABOUT MEMBERS AND HOW THEY ARE CONTRIBUTING TO OUR DEMOCRACY AND VIBRANT COMMUNITY LIFE. IN ADDITION, THE ORGANIZATION FOR THE FIRST TIME LIVESTREAMED 2 PLENARY SPEECHES AND 21 UNIQUE LIVE IN STUDIO INTERVIEW DURING THE 2015 MIAMI CONFERENCE. THIS LIVE STREAM REACHED OVER 500 UNIQUE VIEWERS. 551401 LEADERSHIP FOR THE FUTURE - BUILDING ON EFFORTS FIRST INITIATED IN LATE 2013, IS MOVED FORWARD WITH THE DEVELOPMENT AND APPROVAL OF A NEW STRATEGIC PLAN IN 2015. THAT STRATEGY, ULTIMATELY APPROVED BY THE BOARD OF DIRECTORS IN APRIL OF 2015, CALLS UPON INDEPENDENT SECTOR TO LEAD AND CATALYZE THE CHARITABLE COMMUNITY, FINDING NEW WAYS TO PARTNER WITH GOVERNMENT, BUSINESS, AND INDIVIDUALS TO ADVANCE THE COMMON GOOD. INFORMED BY ITS NEWLY UPDATED VISION STATEMENT, IS DESIGNED AND DELIVERED ITS 2015 PROGRAMMATIC CONTENT TO ALIGN WITH THE THREE STRATEGIC IMPERATIVES ARTICULATED IN THE NEW PLAN: BE THE "VITAL MEETING GROUND" FOR A RAPIDLY CHANGING SECTOR. CONVENING THE CHARITABLE SECTOR HAS LONG BEEN A ROLE FOR IS. HOWEVER, A RAPIDLY DIVERSIFYING SECTOR DEMANDS NEW THINKING AND APPROACHES REGARDING WHO IS CONVENED AND HOW - CONSIDERATIONS WHICH HELPED TO SHAPE, AMONG OTHER EVENTS, THE 2015 NATIONAL CONFERENCE IN MIAMI ; BUILD THE INSIGHTS AND FORESIGHT NEEDED TO HELP THE SECTOR RESPOND TO FUTURE CHALLENGES AND OPPORTUNITIES. AS MADE CLEAR FROM A SERIES OF IS-DESIGNED COMMUNITY CONVERSATIONS IN 2015, SECTOR LEADERS ARE CONFRONTING SIGNIFICANT AND EVOLVING CHALLENGES THAT IMPEDE PROGRESS IN THEIR RESPECTIVE MISSIONS. MOVING FORWARD, ONE CRITICAL ROLE FOR IS IS TO BETTER CONNECT LEADERS WITH THE INFORMATION AND RESOURCES THEY NEED TO BEGIN SOLVING THOSE CHALLENGES. ENABLE ORGANIZATIONS TO THRIVE IN A CHANGING ENVIRONMENT. IS WILL ADVOCATE FOR PUBLIC POLICIES THAT ENSURE THE STRENGTH OF THE SECTOR, WHILE ALSO PROVIDING TOOLS, KNOWLEDGE, AND EXPERIENCES THAT MEMBERS NEED TO INCREASE THEIR ORGANIZATIONAL EFFECTIVENESS AND INTEGRITY.DURING 2015, THE GOVERNANCE & SPECIAL PROJECTS (GSP) TEAM CONTINUED TO SUPPORT THE BOARD OF DIRECTORS' STRATEGIC LEADERSHIP AND OVERSIGHT OF THE ORGANIZATION. THE TEAM SUPPORTED THE DEVELOPMENT AND EARLY-STAGE IMPLEMENTATION OF THE NEW STRATEGIC VISION, AND HELPED ENSURE THAT THE BOARD WAS APPROPRIATELY ENGAGED AND POSITIONED TO PLAY ITS VITAL LEADERSHIP ROLE RELATIVE TO SETTING THE ORGANIZATION'S PATH TO THE FUTURE. AS A LEADER AND CHAMPION ON BEHALF OF THE NONPROFIT AND PHILANTHROPIC SECTOR FOR MORE THAN 30 YEARS, INDEPENDENT SECTOR IS DEEPLY KNOWLEDGEABLE ABOUT THE CHARITABLE SECTOR, IS VIEWED WITH RESPECT AND CREDIBILITY, AND HAS A REPUTATION FOR RESPONSIVENESS, AGILITY, KNOWLEDGE, AND RELIABILITY. IS IS HIGHLY REGARDED FOR ITS ROLE AS A CONVENER IN BRINGING TOGETHER SECTOR LEADERS FROM A BROAD SPECTRUM OF GROUPS AROUND SALIENT ISSUES, AND IS RECOGNIZED AND VALUED FOR ITS PUBLIC POLICY WORK. AS THE SECTOR AND ITS LEADERS FACE INCREASINGLY COMPLEX CHALLENGES IN A CONSTANTLY SHIFTING ENVIRONMENT, IN 2015 IS LEVERAGED ITS ANNUAL BUSINESS MEETING TO ENGAGE STAKEHOLDERS IN DISCUSSION REGARDING THE FUTURE OF THE SECTOR, AND IS'S ROLE IN RELATION TO THAT FUTURE. THESE INTERACTIVE DISCUSSIONS REFLECTED IS'S ONGOING COMMITMENT TO ENGAGING WITH, AND LEARNING FROM, ITS STAKEHOLDERS IN MEANINGFUL WAYS IN ORDER TO BE RESPONSIVE TO SECTOR NEEDS AND TO PLAY AN INFORMED AND EFFECTIVE LEADERSHIP ROLE. THROUGH THE CONTINUED EXECUTION OF THE JOHN W. GARDNER LEADERSHIP AWARD PROGRAM, THE GOVERNANCE & SPECIAL PROJECTS TEAM CONTINUED TO STRENGTHEN IS'S COMMITMENT TO IDENTIFYING AND ACKNOWLEDGING OUTSTANDING SECTOR LEADERSHIP. IS'S RECOGNITION IN 2015 OF MICHAEL BROWN, CO-FOUNDER AND CEO OF CITY YEAR, ONCE AGAIN HIGHLIGHTED AN EXCEPTIONAL SECTOR LEADER WHOSE WORK HAS TRANSCENDED THEIR FIELD AND HAS CONTRIBUTED TO SOCIETY MORE BROADLY. IN CONFERRING THE AWARD, IS CONTINUED THE TRADITION OF HONORING AN INDIVIDUAL HELD UP AS A BEACON OF ACHIEVEMENT, DESERVING OF PUBLIC RECOGNITION, AND WORTHY OF CITATION AS A MODEL FOR OTHERS -- BOTH WITHIN AND OUTSIDE OF THE SECTOR -- TO EMULATE. 2117021 7135364 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 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 16 0 1 50 1 1 1 0 0 0 0 0 0 0 0 0 X 22 22 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 X X CAROLYN MOLLEN 2024676100 1602 L STREET NW NO 900 WASHINGTON DC 20036 NEIL J NICOLL CHAIR 5.00 X X 0 0 0 STEVEN J MCCORMICK VICE-CHAIR 5.00 X X 0 0 0 LORIE SLUTSKY TREASURER 5.00 X X 0 0 0 KELVIN TAKETA SECRETARY 5.00 X X 0 0 0 JEFFREY L BRADACH AT LARGE EXECUTIVE COMMITTEE MEMBER 5.00 X 0 0 0 BARBARA R ARNWINE DIRECTOR 2.00 X 0 0 0 ROBERT W BRIGGS DIRECTOR 2.00 X 0 0 0 KYLE CALDWELL DIRECTOR 2.00 X 0 0 0 SONYA CAMPION DIRECTOR 2.00 X 0 0 0 DANIEL J CARDINALI DIRECTOR 2.00 X 0 0 0 JULIE FLOCH DIRECTOR 2.00 X 0 0 0 JIM GIBBONS TREASURER, DIRECTOR 2.00 X X 0 0 0 IRENE HIRANO-INOUYE DIRECTOR 2.00 X 0 0 0 RON KAGAN DIRECTOR 2.00 X 0 0 0 LARRY KRAMER DIRECTOR 2.00 X 0 0 0 ROBERT L LYNCH DIRECTOR 2.00 X 0 0 0 TIMOTHY J MCCLIMON DIRECTOR 2.00 X 0 0 0 BERNARD J MILANO DIRECTOR 2.00 X 0 0 0 MICHAEL PIRAINO DIRECTOR 2.00 X 0 0 0 PAUL SCHMITZ DIRECTOR 2.00 X 0 0 0 ROBERTO SURO DIRECTOR 1.00 X 0 0 0 SANDRA L VARGAS SECRETARY, DIRECTOR 2.00 X X 0 0 0 DARREN WALKER DIRECTOR 2.00 X 0 0 0 DIANA AVIV CEO UNTIL 09/30/15 60.00 X 539849 0 16248 CLAIRE WELLINGTON ILT, SVP GOVERNANCE & SPECIAL PROJECTS 50.00 X 198204 0 54778 JEFFREY MOORE ILT, VP STRATEGY 50.00 X 174909 0 39289 CANDY HILL ILT, VP COMMUNICATIONS 50.00 X 172932 0 40336 CAROLYN MOLLEN VP, CFO 45.00 X 139099 0 14345 TERRI O'BRIEN COO UNTIL 02/25/15 50.00 X 52123 0 4433 GEOFFREY PLAGUE VP, PUBLIC POLICY 45.00 X 166275 0 39871 AMANDA BROUN VP, PROGRAMS & PRACTICE 45.00 X 156390 0 50470 ERICA GREELEY VP, NETWORKS 45.00 X 146355 0 19351 NADINE JALANDONI VP, CONVENINGS & KNOWLEDGE SHARING 45.00 X 144188 0 39785 DANIELLE MAXWELL DIRECTOR, TALENT & ADMINISTRATION 45.00 X 121458 0 25735 2011782 0 344641 14 0 1 0 DELOITTE CONSULTING LLP PO BOX 844717 DALLAS TX 752844717 STRATEGIC VISIONING CONSULTANTS 590000 OFFICE IT SOLUTIONS 3509 CONNECTICUT AVE NW 705 WASHINGTON DC 20008 TECHNOLOGY SERVICES 390389 INTERCONTINENTAL MIAMI 100 COPIN PLAZA MIAMI FL 33131 MEETING SERVICES 332987 WASHINGTON COUNCIL E&Y 1001 PENNSYLVANIA AVE NW 601 WASHINGTON DC 20004 LEGAL CONSULTING 193284 VERBUM WORD GROUP 313 MILL STREET MILTON DE 19968 RESOURCE DEVELOPMENT CONSULTING 134400 8 2029981 6318579 5120 8348560 CONFERENCE FEES 900004 767394 734195 33199 PUBLICATION SALES 900099 26715 26715 794109 278745 278745 13620 13620 1606473 1484051 122422 122422 55053 67369 1999216 1997970 1246 1246 1246 SUBLEASE INCOME 900099 127551 127551 CONTRACT SETTLEMENT 900099 80000 80000 PARKING SERVICES 812930 46211 46211 253762 9812464 760910 114884 588110 X 1316555 795418 399265 121872 2972987 1796178 901604 275205 208648 126058 63276 19314 389190 235135 118028 36027 299633 181028 90868 27737 28555 190 28365 28850 28850 134400 134400 34581 34581 1655098 942258 694421 18419 18673 17393 1280 247532 135330 106499 5703 61989 37275 24544 170 1034757 631591 300287 102879 250026 215332 33082 1612 619759 588455 30373 931 163773 163773 18420 18420 ALLOCATED OVERHEAD 0 1433723 -1620982 187259 9483426 7135364 1416534 931528 1238167 1906562 1927308 890939 1379365 1852395 40526 98187 164452 56737 36897389 7965240 29774387 28932149 9365251 9370017 1397222 826883 45286678 43933869 1127044 698840 88920 6720 11104490 10764364 2125000 1875000 517407 207898 14962861 13552822 X 27937328 27905023 2386489 2476024 30323817 30381047 45286678 43933869 329038 -271808 0 X 0 1 X 1 0 X 9946525 13098977 6535206 7482486 8420635 45483829 9946525 13098977 6535206 7482486 8420635 45483829 8834522 36649307 689251 720583 964742 1070771 1303958 4749305 50233134 3710578 0.72960 0.73090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23762 23762 10969579 10993341 699667 174917 0 0 538349 568668 561504 699667 2368188 3552282 12695 7966 7260 23762 51683 134587 142167 140376 174917 592047 888071 1311 1311 4521437 1999216 -32393 130195 6358065 2500000 2000000 168829 147392 4521437 5000000 2500000 2500000 5000000 5000000 5000000 5000000 1.00000 0 0 5391820 5391820 26728691 5290053 21438638 2570901 1046821 1524080 2205977 1628366 577611 28932149 DEPOSITS HELD IN ESCROW 176830 DEFERRED RENT 31068 207898 X 11050571 -271808 72075 -199733 11250304 -1437840 -1437840 9812464 10993341 72075 1437840 1509915 9483426 0 9483426 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, 2015, BOARD DESIGNATED NET ASSETS INCLUDED $500,000 IN THE SHORT TERM BUILDING OPERATING FUND AND $5,858,065 IN THE LONG TERM RESERVE FUND. PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, INDEPENDENT SECTOR IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED DECEMBER 31, 2015, NO PROVISION FOR INCOME TAXES WAS REQUIRED, AS INDEPENDENT SECTOR HAD NO UNRELATED BUSINESS TAX LIABILITY. LLC IS A SINGLE MEMBER LIMITED LIABILITY COMPANY THAT HAS ELECTED TO BE TREATED AS A DISREGARDED ENTITY. AS SUCH, LLC IS NOT SUBJECT TO FEDERAL INCOME TAX, BUT RATHER, ITS INCOME OR LOSS INURES TO INDEPENDENT SECTOR. LLC IS SUBJECT TO THE DISTRICT OF COLUMBIA BUSINESS FRANCHISE TAX. THERE WAS NO TAX PROVISION NECESSARY TO BE ACCRUED AS OF DECEMBER 31, 2015. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ASC TOPIC 740-10) ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED 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 2012. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B -1,484,051. PARKING SERVICE REVENUE REPORTED ON LINE 11 46,211. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B 1,484,051. PARKING SERVICE REVENUE REPORTED ON LINE 11 -46,211. X X X X 1 VERBUM WORD GROUP LLC 313 MILL ST MILTON DE 19968 ASSIST WITH THE 2015 IS CONFERENCE FUNDRAISING & PROVIDE SUP 0 0 134400 -134400 134400 -134400 AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MO MT NH NJ NM NY NC OH OK PA RI SC SD TN TX UT VT VA WA WI WY X X X X X 0 1 0 0 0 0 0 1 0 DIANA AVIV CEO UNTIL 09/30/15 180884 0 75000 0 283965 0 14539 0 2418 0 556806 0 225000 0 CLAIRE WELLINGTON ILT, SVP GOVERNANCE & SPECIAL PROJEC 196940 0 0 0 1264 0 27729 0 30337 0 256270 0 0 0 JEFFREY MOORE ILT, VP STRATEGY 174519 0 0 0 390 0 23699 0 17822 0 216430 0 0 0 CANDY HILL ILT, VP COMMUNICATIONS 170790 0 0 0 2142 0 13182 0 30122 0 216236 0 0 0 CAROLYN MOLLEN VP, CFO 139001 0 0 0 98 0 8182 0 8451 0 155732 0 0 0 GEOFFREY PLAGUE VP, PUBLIC POLICY 166048 0 0 0 227 0 31721 0 9002 0 206998 0 0 0 AMANDA BROUN VP, PROGRAMS & PRACTICE 155753 0 0 0 637 0 18775 0 34823 0 209988 0 0 0 ERICA GREELEY VP, NETWORKS 146225 0 0 0 130 0 19351 0 795 0 166501 0 0 0 NADINE JALANDONI VP, CONVENINGS & KNOWLEDGE SHARING 143622 0 0 0 566 0 24619 0 18632 0 187439 0 0 0 PART I, LINE 4B LINE 4B: DIANA AVIV, CEO, RECEIVED A PAYMENT IN THE AMOUNT OF 286,079. THIS AMOUNT IS INCLUDED IN THE OTHER REPORTABLE COMPENSATION REPORTED ON SCHEUDLE J, PART II, B(III). PART I, LINE 7 THE BOARD PROVIDED A BONUS TO DIANA AVIV FOR HER WORK, AND LEADERSHIP, DURING THE ORGANIZATION'S TRANSITION. A DISTRICT OF COLUMBIA 566001131 2013-06-04 11600000 TO REFINANCE PURCHASE OF HEADQUARTERS BUILDING 0 0 0 A 835636 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 VI, SECTION A, LINE 6 IS 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 11 PRIOR TO FILING, THE FORM 990 IS PRESENTED TO INDEPENDENT SECTOR'S AUDIT COMMITTEE FOR REVIEW. THE CHIEF FINANCIAL 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. FOR THE 2015 FILING, DUE TO THE VACANCY IN THE CEO POSITION, THE FORM 990 WAS REVIEWED BY THE CFO WITH THE THREE INTERIM CO-CEOS PRIOR TO SIGNATURE BY THE CFO. 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 MAYBE 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 MAYBE 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, VICE PRESIDENTS, AND APPROPRIATE STAFF MANAGERS 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. IN 2015, THE STAFF COMPENSATION REVIEW PROCESS TO DETERMINE 2016 SALARIES WAS MODIFIED TO ACCOMMODATE THE TEMPORARY VACANCY IN THE CEO POSITION DUE TO LEADERSHIP TRANSITION. EACH INTERIM CO-CEO WAS RESPONSIBLE FOR MAKING FINAL DECISIONS FOR STAFF COMPENSATION IN THE DEPARTMENTS THAT THEY OVERSAW. THE CHAIR OF THE BOARD WAS RESPONSIBLE FOR THE COMPENSATION DETERMINATIONS FOR THE THREE INTERIM CO-CEOS. IN ADDITION, THE DIRECTOR OF TALENT AND ADMINISTRATION AND CHIEF FINANCIAL OFFICER MET WITH THE BOARD CHAIR TO REVIEW THE OVERALL COMPENSATION PHILOSOPHY, SENIOR MANAGEMENT TEAM COMPENSATION ADJUSTMENTS, PROMOTIONS, AND SALARY RANGES TO ENSURE COMPENSATION WAS APPROPRIATE AND EQUITABLE. 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 990T, 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 TEMPORARY HELP: PROGRAM SERVICE EXPENSES 15,074. MANAGEMENT AND GENERAL EXPENSES 11,426. FUNDRAISING EXPENSES 17,919. TOTAL EXPENSES 44,419. INDEPENDENT CONTRACTOR: PROGRAM SERVICE EXPENSES 162,348. MANAGEMENT AND GENERAL EXPENSES 45. FUNDRAISING EXPENSES 500. TOTAL EXPENSES 162,893. CONSULTANT: PROGRAM SERVICE EXPENSES 542,092. MANAGEMENT AND GENERAL EXPENSES 682,950. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,225,042. LEGISLATIVE ASSISANCE: PROGRAM SERVICE EXPENSES 210,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 210,000. SPEAKERS, SERVICE BUREAUS, AND OTHER: PROGRAM SERVICE EXPENSES 12,744. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,744. FORM 990, PAGE 6, PART VI, LINE 1 AND PAGE 7, PART VII, VOTING MEMBERS THE NUMBER OF VOTING MEMBERS SHOWN IN PART VI SECTION A LINE 1 DIFFERS FROM THE NUMBER OF DIRECTORS LISTED IN PART VII BECAUSE BOARD MEMBERS ARE INCLUDED IN PART VII IF THEY SERVED ON THE BOARD AT ANY TIME DURING 2014. INDEPENDENT SECTOR'S BOARD TERM BEGINS AT THE ANNUAL BUSINESS MEETING HELD DURING THE IS ANNUAL CONFERENCE IN THE FALL. FORM 990 - DESCRIPTION OF CHANGE IN MISSION: DURING THE COURSE OF THE STRATEGIC VISIONING WORK WHICH INDEPENDENT SECTOR COMPLETED IN 2015, THE VISION AND PURPOSE STATEMENTS OF THE ORGANIZATION WERE REFRESHED. THE REVISED STATEMENT REFLECTS THREE SPECIFIC CHOICES THAT THE ORGANIZATION HAS MADE. FIRST, IS REMAINS DEEPLY ROOTED IN THE CHARITABLE SECTOR - THE VERY BASE OF THE ORGANIZATION. HOWEVER, THE STATEMENT EXPLICITLY RECOGNIZES THAT, IN ORDER TO SUCCESSFULLY ADVANCE ITS PURPOSE, IS MUST FIND NEW AND EFFECTIVE WAYS TO WORK WITH GOVERNMENT, BUSINESS, AND INDIVIDUALS, EACH OF WHICH HAS A ROLE TO PLAY IN ADVANCING THE COMMON GOOD. SECOND, THE VISION AND ACCOMPANYING BELIEFS STATEMENTS ALSO MAKE PLAIN THAT, WHILE INDEPENDENT SECTOR HAS A CORE SET OF BELIEFS THAT WILL ANIMATE ALL OF ITS WORK, IS IS AN INCLUSIVE ORGANIZATION, WELCOMING OF A DIVERSE SET OF PERSPECTIVES AND EXPERIENCES AND OFFERING PARTNERSHIP TO ALL WHO SHARE ITS CORE VISION OF IMPROVING LIVES AND THE NATURAL WORLD. FINALLY, THE VISION STATEMENT CREATES A NEW AND INTENTIONAL LINKAGE BETWEEN THE ORGANIZATION'S WORK TO IMPROVE LIVES AND THE NATURAL WORLD AND THE STRENGTHENING OF DEMOCRATIC SOCIETIES. 1620 IS LLC 1602 L STREET NW WASHINGTON DC 20036 543219877 BUILDING MANAGEMENT DC 2706473 39496499 INDEPENDENT SECTOR