2024-01-19T11:24:23-06:00 2022-12-31 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2022-01-01 711037612 NATIONAL DIVERSITY COUNCIL NATI 2819750626 PO BOX 671461 DALLAS TX 752671461 RODNEY MORRIS BOARD CHAIR 2819750626 2024-01-16 1 RODNEY MORRIS 999009999 0 PAMELA ALEXANDERSON P01218925 5058787200 2024-01-16 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ANIKA RAHMAN 447 BROADWAY 2ND FLOOR 1313 NEW YORK NY 10013 6253431 0 X WWW.NATIONALDIVERSITYCOUNCIL.ORG X 2007 TX THE MISSION OF THE NATIONAL DIVERSITY COUNCIL IS TO BE BOTH A RESOURCE AND AN ADVOCATE FOR THE VALUE OF DIVERSITY, EQUITY AND INCLUSION. THE NDC SERVES AS THE UMBRELLA ORGANIZATION TO SUPPORT OUR STATEWIDE AND REGIONAL COUNCILS, WHICH FOSTER AN UNDERSTANDING OF DIVERSITY AND INCLUSION AS A DYNAMIC STRATEGY FOR BUSINESS SUCCESS AND COMMUNITY WELL-BEING THROUGH VARIOUS INITIATIVES. 29 28 46 356 -1435 0 2959757 82572 3178350 6147048 0 15824 0 913 6138107 6246357 0 12000 0 0 2499784 3100671 0 0 0 2407032 3216388 4906816 6329059 1231291 -82702 4256858 3132387 767576 960012 3489282 2172375 X THE MISSION OF THE NATIONAL DIVERSITY COUNCIL IS TO BE BOTH A RESOURCE AND AN ADVOCATE FOR THE VALUE OF DIVERSITY, EQUITY AND INCLUSION. THE NDC SERVES AS THE UMBRELLA ORGANIZATION TO SUPPORT OUR STATEWIDE AND REGIONAL COUNCILS, WHICH FOSTER AN UNDERSTANDING OF DIVERSITY AND INCLUSION AS A DYNAMIC STRATEGY FOR BUSINESS SUCCESS AND COMMUNITY WELL-BEING THROUGH VARIOUS INITIATIVES. 0 0 5426408 12000 6147048 THROUGH MEMBERSHIPS WITH CORPORATE, GOVERNMENT, AND NONPROFIT PARTNERS AND ALSO INDIVIDUALS, NATIONAL DIVERSITY COUNCIL ADVANCES DIVERSITY, EQUITY AND INCLUSION THROUGH CERTIFICATIONS, CONSULTING, EDUCATIONAL EVENTS, AND RESOURCES. THE NDC CERTIFICATION PROGRAM PREPARES PROFESSIONALS TO LEAD SUCCESSFUL DIVERSITY, EQUITY, AND INCLUSION STRATEGIES FOR ORGANIZATIONAL EXCELLENCE AND INNOVATION IN TODAY'S GLOBAL LANDSCAPE. NDC UTILIZES DEI EXPERTS TO OFFER STRATEGIC SOLUTIONS TO DRIVE INNOVATION AND PROVIDE RESULTS TAILORED TO ORGANIZATIONAL NEEDS ACROSS ALL INDUSTRY SECTORS. NDC EVENTS AIM TO UNDERSCORE THE IMPORTANCE OF DIVERSITY, EQUITY, AND INCLUSION THROUGH IMPACTFUL CONTENT THAT FOCUSES ON VARIOUS GROUPS, IDENTITIES, INDUSTRIES, AND WORKPLACE BEST PRACTICES. EVENTS HELD IN MULTIPLE MARKETS INCLUDE WOMEN IN LEADERSHIP SUMMITS AND LGBTQ SUMMITS. EVENTS HELD AT HEADQUARTERS INCLUDE BLACK MEN IN LEADERSHIP SUMMIT, LATINO LEADERSHIP CONFERENCE, VETERANS SUMMIT, AND DISABILITY INCLUSION SUMMIT.IN ADDITION, THE NDC EMERGING LEADERS INTERNSHIP PROGRAM IS A GROWING PROGRAM WHICH WAS INITIATED IN 2018 AND WHICH AIMS TO CONNECT UNDERREPRESENTED COLLEGE STUDENTS TO EMPLOYERS THAT VALUE AND PROMOTE DIVERSE, EQUITABLE, AND INCLUSIVE WORKPLACES. IN ADDITION TO COMPLETING THE EMPLOYER'S INTERSHIP TASKS, INTERNS ALSO PARTICIPATE IN DEI TRAINING SESSIONS, LEADERSHIP DEVELOPMENT SEMINARS, AND MEETINGS WITH FELLOW INTERNS AND MENTORS. THE NDC HAS HAD 33 INTERN GRADUATES TO DATE, MANY WHO HAVE RECEIVED INCREDIBLE EMPLOYMENT OPPORTUNITIES FOLLOWING THEIR TIME WITH THE PROGRAM. 5426408 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 46 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 0 0 X DAWN HOOPER 2819750626 PO BOX 671461 DALLAS TX 752671461 DENNIS KENNEDY DIRECTOR, CHAIR 2.00 X X 344200 0 3967 NATHANIEL BENNETT DIRECTOR 2.00 X 0 0 0 DONNELL CAMPBELL DIRECTOR 2.00 X 0 0 0 ELIZABETH CAMPBELL DIRECTOR 2.00 X 0 0 0 LAURIE CHAMBERLIN DIRECTOR 2.00 X 0 0 0 CARLOS CUBIA DIRECTOR 2.00 X 0 0 0 PATRICK DECKER-TONNESEN DIRECTOR 2.00 X 0 0 0 MICHELLE EISNER DIRECTOR 2.00 X 0 0 0 BRYAN GINGRICH DIRECTOR 2.00 X 0 0 0 SHEILINA HENRY DIRECTOR 2.00 X 0 0 0 KRISTEN HOLT DIRECTOR 2.00 X 0 0 0 YVETTE HUNSICKER DIRECTOR 2.00 X 0 0 0 DJ JORDAN DIRECTOR 2.00 X 0 0 0 DAVE KIPE DIRECTOR 2.00 X 0 0 0 ARYEH LEHRER DIRECTOR 2.00 X 0 0 0 TARA LEWELING DIRECTOR 2.00 X 0 0 0 DEANDRE LIPSCOMB DIRECTOR 2.00 X 0 0 0 TAMMY MATA DIRECTOR 2.00 X 0 0 0 DIANE MCDANIEL DIRECTOR 2.00 X 0 0 0 ERIN MITCHELL RICHESON DIRECTOR 2.00 X 0 0 0 RODNEY MORRIS DIRECTOR, CHAIR, FINANCE COMMITTEE 4.00 X 0 0 0 KATHLEEN NAVARRO DIRECTOR 2.00 X 0 0 0 PAUL SEXTON DIRECTOR 2.00 X 0 0 0 JUAN SUAREZ III DIRECTOR 2.00 X 0 0 0 JAMES TAYLOR PHD DIRECTOR 2.00 X 0 0 0 MICHELLE THOMPSON-DOLBERRY DIRECTOR 2.00 X 0 0 0 SHIBU VARGHESE DIRECTOR 2.00 X 0 0 0 HUGH WELSH DIRECTOR 2.00 X 0 0 0 DONNELL WHITE DIRECTOR 2.00 X 0 0 0 ANGELES VALENCIANO CEO 28.00 X 294200 0 3825 JASON DEGROOT CFO 28.00 X 294200 0 3709 SOFIA ANTHONY VP OPERATIONS 40.00 X 123322 0 18885 LEON FRASER JR VP CONSULTING AND LEARNING 40.00 X 108170 0 0 CECILIA ORELLANA ROJAS SVP STRATEGY AND RESEARCH 40.00 X 125874 0 27251 1289966 0 57637 6 0 1 0 DARLENE KING AGENCY 14710 LORETTA PLACE OAK PARK MN 48237 MICHIGAN DEI MARKET COORDINATOR 170265 1 82572 82572 SPONSORSHIP INCOME 541900 3040562 3040562 CERTIFICATIONS 611710 1553223 1553223 TRAINING AND EVENTS 611710 965987 965987 SERVICE CONTRACTS 541610 587276 587276 6147048 15824 15824 5639 7074 -1435 -1435 2348 2348 2348 6246357 6147048 -1435 18172 12000 12000 944101 717517 226584 1656557 1434145 222412 32031 28697 3334 308168 265024 43144 159814 137440 22374 24167 24167 55954 55954 464519 455497 9022 44333 39130 5203 103032 97150 5882 68207 60022 8185 16331 14371 1960 119689 76773 42916 25591 22655 2936 21 21 23115 3497 19618 CONSULTING/CONTRACT LAB 1472248 1266133 206115 BAD DEBT EXPENSE 354274 354274 VENUE AND CATERING 297836 297836 MERCHANT FEES 73056 73056 74015 71191 2824 6329059 5426408 902651 0 2465033 1836293 600149 1791825 503503 185776 6666 4256858 3132387 14862 348275 493912 611737 10000 248802 767576 960012 X 3489282 2157375 15000 3489282 2172375 4256858 3132387 -82702 -1234205 0 X 0 0 0 X 1506637 2048209 2511990 2959757 82572 9109165 1138222 1735270 2042790 3178350 6147048 14241680 2644859 3783479 4554780 6138107 6229620 23350845 0 141110 141110 141110 141110 23209735 66 15824 15890 66 15824 15890 2348 2348 2644859 3783545 4554780 6138107 6247792 23369083 0.99320 1.00000 0.00070 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2022 AMOUNT: $ 2,348. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 1 0 DENNIS KENNEDY DIRECTOR, CHAIR 340000 0 0 0 4200 0 3967 0 0 0 348167 0 0 0 ANGELES VALENCIANO CEO 290000 0 0 0 4200 0 3825 0 0 0 298025 0 0 0 JASON DEGROOT CFO 290000 0 0 0 4200 0 3709 0 0 0 297909 0 0 0 CECILIA ORELLANA ROJAS SVP STRATEGY AND RESEARCH 125874 0 0 0 0 0 0 0 27251 0 153125 0 0 0 PART I, LINE 3 IN NOVEMBER 2022, THE BOARD UNDERTOOK A COMPENSATION REVIEW AFTER THE BY-LAWS WERE AMENDED TO ALLOW THE FINANCE COMMITTEE TO DO THIS WORK. THIS WAS THE FIRST COMPENSATION REVIEW EVER DONE. GOING FORWARD, THE BOARD DID RESEARCH COMPENSATION FOR THE CEO AND CFO POSITIONS DURING THE HIRING OF A NEW CEO AND CFO IN 2023. PART I, LINE 7 CERTAIN HIGHEST COMPENSATED EMPLOYEES RECEIVED BONUSES THAT WERE PERFORMANCE-RELATED. DENNIS KENNEDY CHAIR OF BOARD OF DIRECTORS DENNIS KENNEDY RECEIVED COMPENSATION IN 2022, THE VALUE OF WHICH EXCEEDED THE VALUE OF THE SERVICES PROVIDED TO THE ORGANIZATION, RESULTING IN AN EXCESS BENEFIT TRANSACTION OF $348,167. MR. KENNEDY ALSO RECEIVED COMPENSATION IN 2021, THE VALUE OF WHICH EXCEEDED THE VALUE OF THE SERVICES PROVIDED TO THE ORGANIZATION, RESULTING IN AN EXCESS BENEFIT TRANSACTION OF $799,946. TOTAL EXCESS BENEFIT TRANSACTION IS $1,148,113. IN NOVEMBER 2022, THE BOARD UNDERTOOK A COMPENSATION REVIEW AFTER THE BY-LAWS WERE AMENDED TO ALLOW THE FINANCE COMMITTEE TO DO THIS WORK. THIS WAS THE FIRST COMPENSATION REVIEW EVER DONE. THIS COMPENSATION REVIEW LED TO A SUBSEQUENT REPORT ON AN EXCESS BENEFIT TRANSACTION. THE AMOUNTS REPORTED HERE ARE BASED ON THAT REPORT. 0 ANGELES VALENCIANO CEO ANGELES VALENCIANO RECEIVED COMPENSATION IN 2021, THE VALUE OF WHICH EXCEEDED THE VALUE OF THE SERVICES PROVIDED TO THE ORGANIZATION, RESULTING IN AN EXCESS BENEFIT TRANSACTION OF $134,200. IN NOVEMBER 2022, THE BOARD UNDERTOOK A COMPENSATION REVIEW AFTER THE BY-LAWS WERE AMENDED TO ALLOW THE FINANCE COMMITTEE TO DO THIS WORK. THIS WAS THE FIRST COMPENSATION REVIEW EVER DONE. THIS COMPENSATION REVIEW LED TO A SUBSEQUENT REPORT ON AN EXCESS BENEFIT TRANSACTION. THE AMOUNTS REPORTED HERE ARE BASED ON THAT REPORT. 0 JASON DEGROOT CFO JASON DEGROOT RECEIVED COMPENSATION IN 2022, THE VALUE OF WHICH EXCEEDED THE VALUE OF THE SERVICES PROVIDED TO THE ORGANIZATION, RESULTING IN AN EXCESS BENEFIT TRANSACTION OF $88,909. MR. DEGROOT ALSO RECEIVED COMPENSATION IN 2021, THE VALUE OF WHICH EXCEEDED THE VALUE OF THE SERVICES PROVIDED TO THE ORGANIZATION, RESULTING IN AN EXCESS BENEFIT TRANSACTION OF $263,200. TOTAL EXCESS BENEFIT TRANSACTION FOR 2021-2022 IS $352,109. IN NOVEMBER 2022, THE BOARD UNDERTOOK A COMPENSATION REVIEW AFTER THE BY-LAWS WERE AMENDED TO ALLOW THE FINANCE COMMITTEE TO DO THIS WORK. THIS WAS THE FIRST COMPENSATION REVIEW EVER DONE. THIS COMPENSATION REVIEW LED TO A SUBSEQUENT REPORT ON AN EXCESS BENEFIT TRANSACTION. THE AMOUNTS REPORTED HERE ARE BASED ON THAT REPORT. 0 408605 0 DIVERSITY AND LEADERSHIP INC 35% CONTROLLED ENTITY OF BOARD CHAIR DENNIS KENNEDY NET RECEIVABLE X 185776 0 0 0 185776 FORM 990, PART III, LINE 4A THE MEMBERSHIP ACTIVITY AND CONSULTING ACTIVITY REPORTED IN PART III, LINE 4A ARE NOT NEW PROGRAM SERVICES. BUT THEY HAD NEVER BEEN REPORTED AS PROGRAMS ON PREVIOUS FORM 990'S. IN ADDITION, SINCE THE MEMBERSHIP ACTIVITY CONNECTS WITH THE ORGANIZATION'S OTHER ACTIVITIES THE ORGANIZATION IS NOW REPORTING ALL ACTIVITIES AS ONE PROGRAM SERVICE ACCOMPLISHMENT. FORM 990, PART VI, SECTION A, LINE 5 THE ORGANIZATION BECAME AWARE DURING THE YEAR OF AN EXCESS BENEFIT TRANSACTION DURING 2021 AND 2022 FOR COMPENSATION PAID TO DENNIS KENNEDY, BOARD CHAIR AND DIRECTOR, AND JASON DEGROOT, CHIEF FINANCIAL OFFICER. THE TOTAL EXCESS BENEFIT TRANSACTION FOR 2021-22 FOR DENNIS KENNEDY IS $1,148,113. THE TOTAL EXCESS BENEFIT TRANSACTION FOR 2021-22 FOR JASON DEGROOT IS $352,109. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF MEMBERS, AND EACH MEMBER SHALL HAVE ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. THE MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS AT THE MEMBERS' ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS AT THE MEMBERS' ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 10B THE ORGANIZATION IS IN THE PROCESS OF DEVELOPING WRITTEN POLICIES AND PROCEDURES TO ENSURE THAT THE OPERATIONS OF ITS AFFILIATES ARE CONSISTENT WITH THE ORGANIZATION'S EXEMPT PURPOSE. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS THE FORM 990, MAKING ANY UPDATES OR CORRECTIONS PRIOR TO SUBMITTING TO THE BOARD FOR REVIEW. THE BOARD IS ASKED TO SUBMIT ANY QUESTIONS WITHIN A REASONABLE DEADLINE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 IN NOVEMBER 2022, THE BOARD UNDERTOOK A COMPENSATION REVIEW AFTER THE BY-LAWS WERE AMENDED TO ALLOW THE FINANCE COMMITTEE TO DO THIS WORK. THIS WAS THE FIRST COMPENSATION REVIEW EVER DONE. GOING FORWARD, THE BOARD DID RESEARCH COMPENSATION FOR THE CEO AND CFO POSITIONS DURING THE HIRING OF A NEW CEO AND CFO IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC DENNIS KENNEDY - TEXAS DIVERSITY COUNCIL, P.O. BOX 590258, HOUSTON, TX 77259-0258. ANGELES VALENCIANO - TEXAS DIVERSITY COUNCIL, P.O. BOX 590258, HOUSTON, TX 77259-0258. JASON DEGROOT - TEXAS DIVERSITY COUNCIL, P.O. BOX 590258, HOUSTON, TX 77259-0258.