Executive Leadership Council Inc is located in Alexandria, VA. As of 12/2015, Executive Leadership Council Inc employed 25 individuals. Executive Leadership Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BLACK EXECUTIVES WITH A PROFESSIONAL NETWORK, FORUM, AND PROGRAMS TO OFFER PERSPECTIVE AND DIRECTION ON ECONOMIC, BUSINESS, AND PUBLIC POLICY ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP MEETINGS: MEMBER MEETINGS ARE HELD NATIONWIDE AND ARE DESIGNED TO PROVIDE ELC MEMBERS WITH NETWORKING AND LEADERSHIP OPPORTUNITIES, PROFESSIONAL DEVELOPMENT, RESEARCH AND LEADERSHIP BRIEFINGS. MEMBERS ARE INFORMED ABOUT IMPORTANT BUSINESS, PUBLIC POLICY, AND LEADERSHIP TRENDS AND ISSUES AFFECTING BUSINESS AND THE AFRICAN-AMERICAN COMMUNITY. GUEST SPEAKERS INCLUDE SENIOR AFRICAN-AMERICAN CORPORATE EXECUTIVES AND CEOS FROM FORTUNE 1000 COMPANIES, HIGHER EDUCATION AND PUBLIC POLICY LEADERS, RESEARCHERS, COMMUNITY DEVELOPMENT EXPERTS, AND OTHERS.
CORPORATE BOARD DEVELOPMENT: THE CORPORATE BOARD DEVELOPMENT PROGRAM PROVIDES TRAINING AND RESEARCH TO ELC MEMBERS ON THE RESPONSIBILITIES OF BOARDS OF DIRECTORS, AS WELL AS THE LATEST IN BOARD LEADERSHIP TOPICS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carla Harris Chairman | OfficerTrustee | 5 | $0 |
Orlando Ashford Vice Chairman | OfficerTrustee | 5 | $0 |
Valerie D Lewis Secretary | OfficerTrustee | 5 | $0 |
Arlene Isaacs-Lowe Treasurer | OfficerTrustee | 5 | $0 |
Phyllis Anderson Director | Trustee | 5 | $0 |
Leilani Brown Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,846,400 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $10,100 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,856,500 |
Total Program Service Revenue | $124,326 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,980,877 |
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. | $586,215 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $365,903 |
Pension plan accruals and contributions | $14,613 |
Other employee benefits | $19,827 |
Payroll taxes | $39,944 |
Fees for services: Management | $253,500 |
Fees for services: Legal | $127,955 |
Fees for services: Accounting | $12,128 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $23,998 |
Advertising and promotion | $0 |
Office expenses | $55,217 |
Information technology | $27,976 |
Royalties | $0 |
Occupancy | $80,877 |
Travel | $152,750 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $352,213 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $33,300 |
Insurance | $11,874 |
All other expenses | $0 |
Total functional expenses | $2,212,502 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |