Chief Executives Organization Inc
- Assets
- $32.2m
- Revenue
- $25.3m
- Investments
- $973.4k
- Employees
- 31
- Location
- Washington, DC
- Founding
- 01/2007
- Data as of
- 10/2023
- EIN
- 20-5778912
Organization Overview
Chief Executives Organization Inc, operating under the name Ceo, is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 10/2023, Ceo employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ceo is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 10/2023, Ceo generated $25.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $24.2m during the year ending 10/2023. While expenses have increased by 4.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE EXCHANGE AND DISSEMINATION OF IDEAS, EXPERIENCES, AND VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS AND SEMINARS. CEO OFFERS A DYNAMIC EDUCATION EXPERIENCE THROUGH OUR ANNUAL AND ROTATING SERIES OF PROGRAMS WITH PREMIER UNIVERSITIES AND CURATED GLOBAL SEMINARS. MEMBERS HAVE ACCESS TO WORLD-CLASS FACULTY AND LEARNING OPPORTUNITIES, TAKING ADVANTAGE OF UNIQUE, TAILORED-TO-CEO IMMERSIVE PROGRAMS. AN EDUCATION THROUGH AN ACTION APPROACH INCLUDES HANDS-ON EXCERCISES AND COLLABORATIVE TEAM-BASED ACTIVITIES FOR A TRULY IMPACTFUL LEARNING EXPERIENCE. CEO ALSO BRINGS MEMBERS TOGETHER IN SAMLL GROUP FORUM SETTINGS, FOR UNIQUE EXPERIENTIAL LEARNING, FURTHERING EXCHANGE AND DISSEMINATION OF IDEAS, NETWORKING, AND UNPARALLELED OPPORTUNITIES TO ELEVATE LEADERSHIP SKILLS THROUGH EDUCATION.
DIGITAL EDUCATION: CEO PROVIDES A PORTFOLIO OF DIGITAL EDUCATION OFFERINGS TO ITS MEMBERS. MEMBERS ARE INVITED TO PARTICPATE IN A SERIES OF APPROXIMATELY 50 ANNUAL WEBCASTS, OFFERING TANGIBLE TAKE-HOME VALUE. WEBCASTS FEATURE INCISIVE DIALOGUE WITH WORLD CLASS RESOURCES AND LEADING EXPERTS ON A VARIETY OF TOPICS RANGING FROM FINANCE, GEO-POLITICS, HEALTH, TECHNOLOGY, THE HUMANITIES, AND ECONOMIC OUTLOOKS. THE EXPANSION OF TOPICS INCREASES MEMBERSHIP ENGAGEMENT BY PROVIDING THE MEMBERSHIP WITH A UNIQUE OPPORTUNITY TO UNDERSTAND THE FORCES SHAPING THE WORLD.
PUBLICATIONS AND WEBSITE COMMUNICATIONS: OTHER PROGRAMS THAT AID IN THE IMPROVEMENT OF EXECUTIVE PRACTICES ARE SEMI-ANNUAL PUBLICATIONS OF CEO COMPASS MAGAZINE, EVENT CATALOGUE, AND ELECTRONIC BULLETINS SPANNING A VARIETY OF EDUCATIONAL TOPICS, LEARNING OPPORTUNITIES, AND MEMBER NEWS. THE ORGANIZATION MAINTAINS A MEMBERS-ONLY WEBSITE FOR NETWORKING AND CONTAINS RELEVANT INFORMATION ABOUT THE ORGANIZATION'S ACTIVITIES, MEMBER BENEFITS, AND COMMUNICATIONS BETWEEN MEMBERS FROM AROUND THE GLOBE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roland Sturm International Chair Of The Board | OfficerTrustee | 5 | $0 |
Timothy P Brown Senior Vice Chair | OfficerTrustee | 5 | $0 |
Jamsheed Ameri Senior Vice Chair-Elect And Int'l Membership Chair | OfficerTrustee | 5 | $0 |
James Kralik International Education Chair | OfficerTrustee | 5 | $0 |
Donald Bollinger International Events Chair | OfficerTrustee | 5 | $0 |
Charles Crawford International Finance Chair | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Board Of Trustees Of The Leland Stan Educational Services | 10/30/23 | $654,613 |
Deanna S Sibbald Consulting | 10/30/23 | $109,500 |
Healthnetwork Foundation Member Services | 10/30/23 | $114,170 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $24,755,224 |
| Investment income | $660,415 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$69,642 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,345,997 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $1,567,401 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,673,308 |
| Pension plan accruals and contributions | $150,742 |
| Other employee benefits | $111,580 |
| Payroll taxes | $266,563 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $39,880 |
| Fees for services: Accounting | $62,127 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $68,199 |
| Fees for services: Other | $456,684 |
| Advertising and promotion | $0 |
| Office expenses | $566,068 |
| Information technology | $622,789 |
| Royalties | $0 |
| Occupancy | $253,049 |
| Travel | $176,449 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,340,912 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $239,326 |
| Insurance | $383,155 |
| All other expenses | $0 |
| Total functional expenses | $24,188,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,949 |
| Savings and temporary cash investments | $15,030,820 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,760 |
| 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 | $4,877,167 |
| Net Land, buildings, and equipment | $308,417 |
| Investments—publicly traded securities | $10,453,201 |
| Investments—other securities | $973,418 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $526,158 |
| Total assets | $32,219,890 |
| Accounts payable and accrued expenses | $2,053,302 |
| Grants payable | $0 |
| Deferred revenue | $19,521,174 |
| 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 | $1,264,791 |
| Total liabilities | $22,839,267 |
| Net assets without donor restrictions | $9,380,623 |
| 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 | $32,219,890 |