Corporate Leadership Center
- Assets
- $7.2m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 10
- Location
- Chicago, IL
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 11-3655687
Organization Overview
Corporate Leadership Center is located in Chicago, IL. The organization was established in 2003. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Corporate Leadership Center employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corporate Leadership Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Corporate Leadership Center generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 11.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CORPORATE LEADERSHIP CENTER, NFP DEVELOPS TOMORROWS CORPORATE LEADERS, AND ADVANCES LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADING WOMEN EXECUTIVES PROPELS THE CAREERS OF PROVEN, HIGH POTENTIAL WOMEN WHO ARE POISED TO ADVANCE TO THE EXECUTIVE LEVEL IN THEIR COMPANIES. THE PROGRAM LEVERAGES ACTIONABLE RESEARCH, PEER NETWORKS, AND ENGAGEMENT WITH SENIOR EXECUTIVE ADVOCATES AND ROLE MODELS TO BUILD DYNAMIC LEADERS WHO CAN DRIVE BOTH PERSONAL AND COMPANY RESULTS.
CEO PERSPECTIVES PROPELS THE EXECUTIVE TRANSITION FROM LINE OF BUSINESS OR FUNCTIONAL MANAGEMENT TO ENTERPRISE LEADERSHIP. THE PROGRAM, DESIGNED FOR PROFESSIONALS REPORTING DIRECTLY TO THE CEOS OF FORTUNE 500 AND SELECT GROWTH COMPANIES, EXPANDS EXECUTIVES' CAPABILITIES TO DRIVE CEO PRIORITIES AND LEAD WITH STRATEGIC AGILITY AND INCREASED CONFIDENCE. THE PROGRAM IS COMPRISED OF SIX, TWO-DAY MODULES THAT TAKE PLACE THROUGHOUT THE YEAR.
DONATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniella Levitt Lwe Program Exec Dir. | 40 | $271,550 | |
Deborah Dehaas CEO And President | OfficerTrustee | 30 | $240,300 |
Kenneth Porrello Ceop Program Exec Dir | 24 | $225,300 | |
Susan Mcdonnell Treasurer/asst Secretary | Officer | 30 | $159,883 |
Naomi Yamada Lwe Program Manager | 39 | $110,572 | |
Alexandria Cotton Asst Treasurer | Officer | 26 | $61,934 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Deborah Kolb Lwe Academic Director And Speaker | 12/30/18 | $196,508 |
Daniella Levittovation Global Strategie Lwe Executive Director | 12/30/18 | $220,067 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,000 |
| Total Program Service Revenue | $3,301,250 |
| Investment income | $94,247 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$663,412 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,788,473 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,250 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $487,411 |
| Compensation of current officers, directors, key employees. | $487,411 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $900,975 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $96,389 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,112 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $37,218 |
| Fees for services: Other | $9,762 |
| Advertising and promotion | $1,906 |
| Office expenses | $11,515 |
| Information technology | $52,231 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25,253 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,551 |
| All other expenses | $138,051 |
| Total functional expenses | $3,114,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $676,978 |
| Savings and temporary cash investments | $1,146,244 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,096 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,295,139 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,890 |
| Total assets | $7,176,847 |
| Accounts payable and accrued expenses | $232,067 |
| Grants payable | $0 |
| Deferred revenue | $967,083 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,199,150 |
| Net assets without donor restrictions | $5,977,697 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,176,847 |
Grants Awarded
Over the last fiscal year, Corporate Leadership Center has awarded $16,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: DONATION TO STRONGER NEIGHBORHOOD AWARDS 2021 | $10,000 |
Chicago, IL PURPOSE: CHICAGO CONSULAR CORPS GALA | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Corporate Leadership Center has recieved totaling $65,000.
| Awarding Organization | Amount |
|---|---|
Robert R Mccormick Foundation Chicago, IL PURPOSE: SCHOLARSHIP PARTICIPANT FOR CEO PERSPECTIVES | $55,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brighton Center Inc Newport, KY | $9,970,830 | $13,102,096 |
Golden Apple Foundation For Excellence In Teaching Chicago, IL | $9,155,466 | $8,943,732 |
Center For Leadership Development Inc Indianapolis, IN | $25,737,944 | $9,330,361 |
Corporate Leadership Center Chicago, IL | $7,176,847 | $2,788,473 |
Kentucky Coalition Inc London, KY | $8,646,468 | $2,988,412 |
Leadership Louisville Foundation Incorporated Louisville, KY | $5,483,171 | $2,662,724 |
Leadership Greater Chicago Inc Chicago, IL | $2,863,395 | $2,316,739 |
Council Of State Governments Lexington, KY | $1,216,113 | $1,765,285 |
Leadershape Incorporated Champaign, IL | $1,727,764 | $837,365 |
Leadership Kentucky Foundation Inc Frankfort, KY | $2,285,909 | $1,078,544 |
Spiritual Leadership Inc Lexington, KY | $103,587 | $581,880 |
Shafer Leadership Academy Muncie, IN | $364,559 | $687,655 |