2024-05-06T12:17:47-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-07-01 451291310 INTERNATIONAL LEADERSHIP ASSOCIATION INC INTE 2024704818 8601 GEORGIA AVE 1010 SILVER SPRING MD 209103440 CYNTHIA CHERREY PRESIDENT & CEO 2024704818 2024-04-15 1 CYNTHIA CHERREY 999009999 0 ROBERT WILLIAMS P01345960 5712279500 2024-04-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CYNTHIA CHERREY 8601 GEORGIA AVE 1010 SILVER SPRING MD 209103440 1407509 0 X ILAGLOBALNETWORK.ORG X 2011 MD THE MISSION OF THE ILA IS TO ADVANCE LEADERSHIP KNOWLEDGE AND PRACTICE FOR A BETTER WORLD. 16 16 10 405 19490 10489 164872 257404 1034295 1139902 1373 1966 -7181 -21674 1193359 1377598 0 0 0 0 626228 743808 0 0 21467 495375 639164 1121603 1382972 71756 -5374 614207 730396 385394 506957 228813 223439 X INTERNATIONAL LEADERSHIP ASSOCIATION (ILA) IS ORGANIZED FOR EDUCATIONAL PURPOSES TO SERVE AS A GLOBAL NETWORK FOR ALL THOSE WHO PRACTICE, STUDY, AND TEACH LEADERSHIP. THE ILA'S MISSION IS TO ADVANCE LEADERSHIP KNOWLEDGE AND PRACTICE FOR A BETTER WORLD. 0 0 565249 757644 CONFERENCES: THE ILA BRINGS PEOPLE TOGETHER ACROSS DISTANCE AND DISCIPLINES, VIRTUALLY AND IN PERSON, TO BRIDGE THEORY AND PRACTICE AND SPARK THOSE "AHA" MOMENTS THAT IMPROVE LEADERSHIP LOCALLY AND GLOBALLY. THE ILA HELD FOUR LIVE ONLINE VIRTUAL CONFERENCES AND TWO IN-PERSON CONFERENCES THIS YEAR, EACH ORGANIZED IN LARGE PART BY VOLUNTEERS FROM ONE OR MORE OF THE ILA'S MEMBER COMMUNITIES WORKING IN CONCERT WITH THE ILA'S STAFF, TO FURTHER THE PROFESSIONAL DEVELOPMENT OF PARTICIPANTS. THESE EVENTS, ATTENDED BY 1500 INDIVIDUALS INCLUDED: ILA CONTINUED ITS INDUSTRY LEADING HYFLEX MODEL FOR THE 2022 GLOBAL CONFERENCE, WISDOM IN TIMES OF CRISES. ATTENDEES AND PRESENTERS COULD CHOOSE TO ONLY ATTEND THE TWO-DAY ONLINE GLOBAL CONFERENCE 6-7 OCTOBER OR PURCHASE THE ALL-ACCESS PASS FOR AN ADDITIONAL FOUR DAYS OF IN- PERSON CONFERENCING 13-16 OCTOBER. UNIQUE OPPORTUNITIES FOR EACH CONFERENCE MODE WERE EXPANDED TO INCLUDE VIRTUAL "BOOK BUZZ" SESSIONS WITH LEADERSHIP AUTHORS AND AN IN-PERSON AWARDS LUNCHEON THAT HONORED OUR AWARDEES. IN TOTAL 1200 ATTENDEES FROM 63 COUNTRIES PARTICIPATED IN 475 PRESENTATIONS, WORKSHOPS, PANELS, POSTERS, ROUNDTABLES, SYMPOSIA, ORGANIZED AROUND 17 SPECIALIZED STREAMS. PLENARY PANELS EXPLORED: POLITICAL LEADERSHIP: FRAGMENTATION OR SOLIDARITY IN A SHIFTING WORLD; WISE LEADERSHIP IN A WORLD OF MISINFORMATION AND DISINFORMATION; AND WOMEN AND LEADERSHIP AT THIS MOMENT IN TIME. TRADITIONS SUCH AS THE INTERNATIONAL STUDENT CASE COMPETITION, THE LEADERSHIP AUTHORS MEET AND GREET, THE EMERGING SCHOLARS RESEARCH CONSORTIUM, AND NETWORKING RECEPTIONS AUGMENTED THE PARTICIPANT EXPERIENCE. DURING THE GLOBAL CONFERENCE, ILA LIFETIME ACHIEVEMENT AWARDS WERE BESTOWED TO BARBARA C. CROSBY, ASSOCIATE PROFESSOR EMERITA, HUBERT H. HUMPHREY SCHOOL OF PUBLIC AFFAIRS, UNIVERSITY OF MINNESOTA; GEORGE R. GOETHALS, E. CLAIBORNE ROBINS DISTINGUISHED PROFESSOR IN LEADERSHIP STUDIES, JEPSON SCHOOL OF LEADERSHIP STUDIES, UNIVERSITY OF RICHMOND; SUSAN R. KOMIVES, PROFESSOR EMERITA, STUDENT AFFAIRS GRADUATE PROGRAM, UNIVERSITY OF MARYLAND; AND (POSTHUMOUSLY) GAMA PERRUCI, DEAN OF THE MCDONOUGH CENTER AT MARIETTA COLLEGE. THE ILA DIVERSITY, EQUITY, INCLUSION AND BELONGING VIRTUAL SUMMIT BROUGHT TOGETHER OVER 175 REGISTRANTS FROM 25-26 AUGUST TO EXPLORE HOW LEADERSHIP AND PRACTICE DRIVE INCLUSION AND BELONGING FOR THE GREATER GOOD AND TO GAIN A DEEPER INSIGHT ABOUT GLOBAL INCLUSION PRACTICES AND DEIB JOURNEYS IN VARIOUS MARKETS. DEEP DIVE WORKSHOPS TAUGHT INNOVATIVE PRACTICES AND CUTTING-EDGE THEORIES ADDRESSING THE WAYS ORGANIZATIONS AND GLOBAL COMMUNITIES COME TOGETHER TO CULTIVATE LEADERSHIP IN ACTION TO DRIVE MEANINGFUL CHANGE. LEADERSHIP RESEARCHERS AND SPECIALISTS FROM CANADA, GERMANY, INDIA, NORWAY, SOUTH AFRICA, AND THE UNITED STATES SHARED THEORIES AND APPROACHES ON HOW DRIVING CHANGE AT INDIVIDUAL AND ORGANIZATIONAL LEVELS CONTRIBUTES TO INCLUSION IN THE CORPORATE, NON-PROFIT, AND NGO SECTORS, AS WELL AS SOCIETIES AT LARGE.THE 6TH LEADERSHIP EDUCATION ACADEMY WAS HELD 31 JULY TO AUGUST 4. INTENTIONALLY DESIGNED BY LEADERSHIP EDUCATORS FOR LEADERSHIP EDUCATORS AT ALL STAGES OF THEIR CAREERS TEACHING LEADERSHIP IN A VARIETY OF SETTINGS AND SECTORS. FIFTY PARTICIPANTS EXPERIENCED A RIGOROUS AND COMPRESSIVE CURRICULUM AND PRACTICED A RANGE OF INSTRUCTIONAL STRATEGIES AND PEDAGOGUES IN A SUPPORTIVE, INTERACTIVE LEARNING ENVIRONMENT. THE TEN PROFESSIONAL FACILITATORS INCLUDED TOP LEADERSHIP EDUCATORS, COACHES, AND PUBLISHED AUTHORS FROM THE FIELD WHO MODELED BEST PRACTICES AND PROVIDED OPPORTUNITIES FOR PARTICIPANTS TO ENGAGE IN A PRACTICE-FEEDBACK-REFLECTION LOOP. THE 6TH DOCTORAL STUDENT CONSORTIUM GREW BY 36%, CREATING AN ONLINE FORUM FOR 68 STUDENTS AT ALL STAGES OF THEIR DEGREE PROGRAM TO LEARN TOGETHER AND CREATE A COMMUNITY OF FUTURE SCHOLARS. THE SESSIONS INCLUDED PRESENTATIONS BY AND DISCUSSIONS WITH A CADRE OF ESTABLISHED SCHOLARS, DISSERTATION CHAIRS, AND AUTHORS WHO PROVIDED TIPS FOR SUCCESS, GOAL SETTING, AND THE DISSERTATION PROCESS. INFORMAL CONVERSATIONS WITH THE FACULTY AND STUDENT COLLEAGUES SUPPLEMENT LEARNING-FOCUSED PRESENTATIONS. 310064 376193 MEMBERSHIP SERVICES THE MEMBERSHIP TEAM CONTINUES TO DELIVER A RANGE OF SERVICES AND BENEFITS TO ILA MEMBERS AROUND THE WORLD, INCLUDING THE ILA INTERSECTIONS MEMBER PORTAL WITH THE MEMBER DIRECTORY, DISCUSSION FORUMS, MEMBER COMMUNITY FORUMS, AND ACCESS TO MEMBER BENEFITS; MEMBER PRICING ON ALL CONFERENCES AND FREE WEBINARS; AND A MEMBER COPY OF THEIR SELECTED BUILDING LEADERSHIP BRIDGES BOOK. THE CONTINUING EXPANSION OF ILA INTERSECTIONS HELPS ILA MEMBERS FIND AND COLLABORATE WITH OTHERS WITH SHARED INTERESTS WHILE PROVIDING ACCESS TO DECADES OF COMPILED MEMBER RESOURCES. OVER A THOUSAND MEMBERS PARTICIPATED IN ONE OR MORE OF THE THIRTEEN NEW LEADERSHIP PERSPECTIVES LIVE WEBINARS. MANY WERE OFFERED AT TWO TIMES TO MAXIMIZE THE CONVENIENCE FOR MEMBERS ACROSS TIME ZONES. THIS YEAR'S NEW WEBINARS INCLUDED: AFRICAN LEADERSHIP: POWERFUL PARADIGMS FOR THE 21ST CENTURY; WORK-LIFE HARMONY: WHY IT MATTERS AND HOW TO CRAFT IT; ESSENTIALS OF FOLLOWERSHIP: WHEN YOU FINALLY REALIZE THAT LEADERSHIP ISN'T ENOUGH; FROM UNCERTAINTY TO TRANSFORMATION: EMERGENT GENERATIVE TEAM LEADERSHIP FROM THE VOID; DESIGNING AND PUBLISHING YOUR (PUBLIC) LEADERSHIP RESEARCH: RESEARCH GAPS & COMMON PITFALLS; WHEN EVERYONE LEADS: HOW THE TOUGHEST CHALLENGES GET SEEN AND SOLVED; POSITIVE LEADERSHIP: CULTIVATING COMMUNITIES FOR FLOURISHING; ADVANCING LEADERSHIP PROGRAMS: ASKING GUIDING QUESTIONS; EL CRCULO (THE CIRCLE) LEADING ACROSS GENERATIONS: A MODEL FROM YOUNG LATINO LEADERS; PROVOCATION AS LEADERSHIP: THE ART AND PRACTICE OF CHALLENGING THE STATUS QUO; AESOP AND THE FOLLIES OF FOLLOWERS; ADVANCING LEADERSHIP PROGRAMS: USING ASSESSMENT FRAMEWORKS; FOLLOWERSHIP IN HEALTHCARE: HOW WE GOT HERE, WHERE WE ARE NOW, WHERE WE CAN GO NEXT. 108506 12785 PUBLICATIONSPODCASTS ARE AN IMPORTANT VEHICLE FOR PROVIDING LEADERSHIP RESOURCES TO THE PUBLIC AND TO ILA MEMBERS. THIS YEAR'S INTERVIEWS AND CONVERSATIONS WITH LEADERS, ACADEMICS, RESEARCHERS, AND PRACTITIONERS FROM DIVERSE SECTORS PROVIDE RESOURCES AND INSPIRATION ON A WIDE RANGE OF TOPICS AND CHALLENGES. THE ILA CONTINUES TO PARTNER ON THREE PODCAST SERIES. PHRONESIS: PRACTICAL WISDOM FOR LEADERS IS PRODUCED IN PARTNERSHIP WITH ILA FELLOW AND PAST ILA BOARD MEMBER SCOTT J. ALLEN AND IS ILA'S OFFICIAL PODCAST WITH 52 NEW EPISODES THIS YEAR. ILA FELLOW MAUREEN METCALF PARTNERS WITH ILA ON A SERIES OF 12 GLOBAL LEADERSHIP EPISODES WITHIN HER PODCAST INNOVATING LEADERSHIP. ILA MEMBERS LAUREN BULLOCK AND DAN JENKINS PARTNER WITH ILA TO FEATURE THE WORK OF ILA MEMBERS ON A SERIES OF EPISODES WITHIN THE 37 NEW EPISODES THIS YEAR OF THE LEADERSHIP EDUCATOR PODCAST. THE ILA LEADERSHIP FOR THE GREATER GOOD BLOG SERIES PUBLISHES INSPIRING AUTHORS WHO APPLY THEIR LEADERSHIP KNOWLEDGE AND PRACTICAL WISDOM TO INFORM AND INSPIRE READERS, ADVANCE LEADERSHIP KNOWLEDGE AND PRACTICE FOR A BETTER WORLD, AND PROVIDE PERSPECTIVES ON CURRENT EVENTS. TOPICS INCLUDE LEADING WITH CARE: WHAT'S STOPPING US?; LEADING FROM STILLNESS; A SYSTEMS APPROACH TO TACKLING SEVERE AND MULTIPLE DISADVANTAGE; CULTIVATING A CULTURE OF YES: THE COURAGE TO TEACH FOLLOWERSHIP THROUGH THE SEVEN ELEMENTS OF IMPROV; INTEGRATING SELF AND SYSTEM: AN URGENT LEADERSHIP CHALLENGE; JACINDA ARDERN AND THE CHALLENGES OF LEADERSHIP; THE LEADERSHIP OF ELIZABETH HOLMES: LESSONS FROM THE DARK SIDE OF SILICON VALLEY; RISE OF THE MACHINES; CALLING PURPOSE TO YOU; LEADING THE COUNTER-RESISTANCE: RHETORICAL TROPES IN DEFENSE OF PRIVILEGE; LEADERSHIP CONCERNS US IN THE PLURAL; THE WAR IN UKRAINE & LEADERSHIP AS AN ESSENTIALLY CONTESTED CONCEPT.A GRASSROOTS LEADERSHIP & ARTS FOR SOCIAL CHANGE PRIMER: FOR EDUCATORS, ORGANIZERS, ACTIVISTS & RABBLE-ROUSERS, EDITED BY SUSAN J. ERENRICH AND DEBRA DERUYVER (EMERALD PUBLISHING) BRINGS TOGETHER ORE THAN 30 ACTIVIST-ARTIST LEADERS TO DISCUSS THEIR WORK INSPIRING AND CREATING THE POSITIVE CHANGES NEEDED TO MEET THE DAUNTING PROBLEMS FACING PEOPLE AND PLANET. CHAPTERS ARE DIVIDED INTO SIX BROAD CATEGORIES: COMMUNITY ENGAGED THEATRE; EXHIBITIONS OF ART, POLITICS, AND RESISTANCE; TROUBADOURS OF CONSCIENCE; CULTURAL ACTIVISTS IN THE FINE AND PERFORMING ARTS; PARTICIPATORY DEMOCRACY AND THE ROLE OF THE ARTS IN SOCIAL MOVEMENTS; AND PEOPLE POWER AND COMMUNITY BUILDING. THE AUTHORS INTERPRET AND MAKE SENSE OF THE WORLD'S COMPLEXITIES, STRUGGLES, AND TRIUMPHS IN WAYS THAT HELP US BETTER RELATE TO EACH OTHER AND WORK TOWARD OUR SHARED FUTURE. THEY ARE SKILLED OBSERVERS AND SKILLED STORYTELLERS, WHATEVER THEIR MEDIUM CAPACITIES OFTEN FOUND IN THE MOST EFFECTIVE LEADERS.THE INTERFACE NEWSLETTER HONORS THE FACT THAT THE ILA'S MEMBERSHIP INCLUDES PEOPLE LOCATED IN MANY, AND OFTEN MULTIPLE, INDEPENDENT SYSTEMS WHO ALL INTERFACE IN THE ILA AROUND THEIR COMMITMENT TO ADVANCE LEADERSHIP KNOWLEDGE AND PRACTICE FOR A BETTER WORLD. INTERFACE SHARES ARTICLES HIGHLIGHTING ASSOCIATION NEWS, CONTRIBUTIONS BY ILA MEMBERS SUCH AS THE BLOGS AND PODCASTS, AND RESURFACES TIMELESS LEADERSHIP RESOURCES TO MAKE THEM NEWLY AVAILABLE TO MEMBERS AND THE PUBLIC AT LARGE. 983819 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 0 0 1 12 0 10 1 1 1 1 CA BE 0 0 0 0 0 0 0 0 X 16 16 0 0 1 0 1 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MD X MICHELLE WILSEY 2024704818 8601 GEORGIA AVE 1010 SILVER SPRING MD 209103440 MIKE HARDY DIRECTOR & BOARD CHAIR 3.00 X X 0 0 0 JANIS BRAGAN BALDA DIRECTOR & VICE CHAIR TERM ENDED 12/31/22 1.00 X X 0 0 0 SUSAN MURPHY DIRECTOR & SECRETARY (VICE CHAIR/SEC 1/23) 1.00 X X 0 0 0 JOHN HEISER DIRECTOR & TREASURER 1.00 X X 0 0 0 ANGELICA LARIOS ARIAS DIRECTOR 1.00 X 0 0 0 ANNIKA HILDING NORBERG DIRECTOR 1.00 X 0 0 0 CAROLYN STEFANCO DIRECTOR 1.00 X 0 0 0 GILLIAN SECRETT DIRECTOR 1.00 X 0 0 0 JOANNE BARNES DIRECTOR 1.00 X 0 0 0 KARA PRICE DIRECTOR 1.00 X 0 0 0 KATHRYN JOHNSON DIRECTOR 1.00 X 0 0 0 KEVIN LOWE DIRECTOR 1.00 X 0 0 0 MICHAEL CHIKELEZE DIRECTOR 1.00 X 0 0 0 MIKI HIGANO DIRECTOR 1.00 X 0 0 0 TASHA COPPETT DIRECTOR 1.00 X 0 0 0 DAVID ALTMAN DIRECTOR STARTING 1/23 1.00 X 0 0 0 MICHAEL YAP DIRECTOR STARTING 1/23 1.00 X 0 0 0 RAJ NARANG DIRECTOR 0.10 X 0 0 0 CYNTHIA CHERREY PRESIDENT & CEO 32.00 X 105522 0 6178 MICHELLE WILSEY CHIEF OPERATING OFFICER 36.00 X 61260 0 10270 166782 0 16448 1 0 0 0 0 197760 59644 257404 CONFERENCES 900099 757644 744219 13425 MEMBERSHIP DUES 900099 376193 376193 JOB ANNOUNCEMENTS 900099 6065 6065 1139902 1966 1966 2417 2417 2051 29911 -27860 -27860 OTHER REVENUE 900099 3769 3769 3769 1377598 1096321 19490 4383 196734 138114 54981 3639 472899 264370 203813 4716 24467 13518 10581 368 49708 29780 19303 625 2562 1535 995 32 36839 22071 14306 462 17942 10749 6968 225 15236 14474 762 114090 89647 21511 2932 4749 2845 1844 60 45641 27344 17724 573 11868 7110 4609 149 312149 305906 6243 44577 26706 17311 560 9630 5769 3740 121 MEMBER SERVICES 23881 23881 1382972 983819 377686 21467 412970 448610 21821 197760 60277 23735 59034 42741 110256 97576 55235 12680 4870 4870 614207 730396 80079 35341 282098 465677 23217 5939 385394 506957 X 215382 209359 13431 14080 228813 223439 614207 730396 -5374 0 X 1 X 0 1 0 X 32045 56464 167049 164872 257404 677834 981784 1070724 752487 1027536 1122463 4954994 10915 7646 18561 1024744 1134834 919536 1192408 1379867 5651389 40544 29910 40544 49554 53559 214111 8555 736 13952 46267 69510 40544 38465 41280 63506 99826 283621 5367768 1000 4391 1845 1373 4383 12992 4496 8626 10482 23604 1000 4391 6341 9999 14865 36596 2352 5289 480 3769 11890 1028096 1144514 926357 1202407 1398501 5699875 0.94170 0.94720 0.00640 0.00430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26776 18734 8042 83480 78842 4638 12680 DEFERRED RENT/INCENTIVES 5939 5939 X PART X, LINE 2: FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, ILA HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 1A THE ASSOCIATION SHALL HAVE AN EXECUTIVE COMMITTEE, COMPRISED OF THE OFFICERS OF THE BOARD, THE CHAIRS OF THE BOARD COMMITTEES AND THE PRESIDENT/CEO, WHO SHALL SERVE AS AN EX OFFICIO MEMBER. AUTHORITY OF THE EXECUTIVE COMMITTEE: THE BOARD DELEGATES AUTHORITY TO THE EXECUTIVE COMMITTEE AS SPECIFIED IN THE FOLLOWING RESPONSIBILITIES: A) IMPLEMENTS AND ENFORCES DECISIONS OF THE BOARD OF DIRECTORS; ADVISES THE PRESIDENT/CEO, REVIEWS MAJOR ISSUES IN-BETWEEN MEETINGS FACING THE ORGANIZATION; ASSISTS THE CHAIR IN DEVELOPING THE AGENDA FOR BOARD MEETINGS; B) KEEPS THE FULL BOARD INFORMED OF ITS ACTIVITIES AND ACTIONS IN AN APPROPRIATELY TIMELY MANNER THROUGH WRITTEN MINUTES AND VERBAL REPORTS AT BOARD MEETINGS; C) FACILITATES AN ANNUAL EVALUATION OF THE STRATEGIC PLAN; D) THE BOARD CHAIR CONDUCTS THE ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT/CEO AND REPORTS THE RESULTS AND RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE AND THE FULL BOARD IN EXECUTIVE SESSION; E) REVIEWS AND RECOMMENDS APPROVAL OF THE ORGANIZATION'S OPERATING BUDGET; AND CONDUCTS A TIMELY REVIEW OF DETAILED FINANCIAL REPORTS PROVIDED BY THE COO IN CONSULTATION WITH THE TREASURER; F) REVIEWS CONTRACTS THAT ARE EXECUTED BY THE STAFF FOR $100,000 OR MORE; G) COORDINATES THE DEVELOPMENT OF POLICIES FOR PRESENTATION TO THE FULL BOARD; H) SERVES AS AN ADVISORY GROUP TO THE PRESIDENT/CEO AS NEEDED; I) RE-ALLOCATES RESOURCES IF NECESSARY IN THE BUDGET WITHIN THE GUIDELINES ESTABLISHED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 4 AS OF 12/2022 THE BYLAWS WERE UPDATED TO ADD THE CHAIRS OF THE BOARD COMMITTEES TO THE EC ALONG WITH THE 3 OFFICERS (CHAIR, VICE CHAIR/SEC, TREASURER), WITH THE CEO AS AN EX OFFICIO. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS IN GOOD STANDING ARE ELIGIBLE TO NOMINATE CANDIDATES FOR BOARD SERVICE, SERVE ON THE BOARD OF DIRECTORS, AND SERVE ON ILA COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE COO WORKS WITH THE ACCOUNTING FIRM TO COMPLETE THE DRAFT AND THEN SHE COMPARES IT TO THE PRIOR YEAR AND TO THE RELATED WORK PAPERS. THE FINANCE COMMITTEE AND THE BOARD ARE KEPT INFORMED ON THE 990 TIMELINE. MATERIALS FROM GUIDESTAR ARE DISTRIBUTED IN ADVANCE TO HELP THEM UNDERSTAND THE DOCUMENT. AFTER DISTRIBUTING THE FORM 990 DRAFT WELL IN ADVANCE OF THE MEETING, THE COO WALKS THE FINANCE COMMITTEE THROUGH A REVIEW EACH PAGE. OFTEN THE BOARD CHAIR IS PART OF THAT MEETING. THE BOARD THEN HAS ACCESS TO THE FORM 990 FOR 10+ DAYS SO THEY CAN REVIEW IT INDIVIDUALLY. FORM 990, PART VI, SECTION B, LINE 12C THE SECRETARY AND THE COO MONITOR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. EACH PERSON (STAFF AND DIRECTORS) IS ENCOURAGED AND EXPECTED TO VOICE ANY POTENTIAL COIS TO THEIR SUPERVISOR. THEIR SUPERVISOR BRINGS IT FORWARD TO THE CEO & COO FOR REVIEW. OUR FINANCE POLICIES HAVE A SEGREGATION OF DUTIES SO THE PERSONS WHO GATHER BIDS (STAFF DIRECTORS) PRESENT THE INFORMATION TO THE COO WHO THEN MAKES A RECOMMENDATION TO THE CEO, WHO THEN SIGNS CONTRACTS. THIS THREE LEVEL PROCESS PROTECTS THE ASSOCIATION FROM CONFLICTS OF INTERESTS. THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO ALL DIRECTORS, OFFICERS, MEMBERS OF BOARD COMMITTEES, AND STAFF. ALL COVERED INDIVIDUALS COMPLETE AND SIGN AN ANNUAL ACKNOWLEDGMENT FORM THAT THEY HAVE RECEIVED AND READ A COPY OF THE POLICY, UNDERSTAND IT, AND AGREE TO ABIDE BY ITS TERMS. WHENEVER A DIRECTOR, OFFICER, OR COMMITTEE MEMBER BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST, WHETHER FINANCIAL OR OTHERWISE, S/HE MAKES THE SITUATION KNOWN TO THE BOARD OR COMMITTEE (AS THE CASE MIGHT BE) AND PROVIDES ALL FACTS MATERIAL TO UNDERSTANDING THE NATURE AND SCOPE OF THE CONFLICT. THE INTERESTED PERSON WITH THE POTENTIAL CONFLICT RETIRES FROM THE MEETING AND DOES NOT PARTICIPATE IN FINAL DISCUSSION AND VOTING ON THE EXISTENCE OF THE CONFLICT. IF A CONFLICT IS FOUND TO EXIST, THE INTERESTED PERSON MAY BE INVITED TO PROVIDE ANY RELEVANT INFORMATION THAT COULD BE OF USE TO THE BOARD IN MAKING ITS DECISION, BUT AGAIN RETIRES AND NOT PARTICIPATE IN THE FINAL DISCUSSION AND VOTING REGARDING THE TRANSACTION. WHENEVER A STAFF MEMBER BECOMES AWARE OF A POTENTIAL CONFLICT OF INTEREST IN AN AREA WHERE S/HE EXERCISES ANY DISCRETION IN CARRYING OUT HER/HIS DUTIES FOR THE ILA, S/HE PROMPTLY DISCLOSES THE POTENTIAL CONFLICT TO THE DIRECTOR OR THE PRESIDENT. IF THE PRESIDENT HAS A POTENTIAL CONFLICT, S/HE DISCLOSES IT TO THE BOARD OR AN EXECUTIVE COMMITTEE. THE PERSON OR BODY TO WHOM DISCLOSURE IS MADE (HEREINAFTER "SUPERVISOR") DETERMINES WHETHER THERE IS A CONFLICT THAT REQUIRES RECUSAL OF THE INTERESTED PERSON. WHEN A CONFLICT IS FOUND TO EXIST, THE INTERESTED PERSON PROVIDES THE SUPERVISOR WITH ALL INFORMATION S/HE HAS RELEVANT TO ANY DECISION TO BE MADE IN WHICH S/HE HAS AN INTEREST, AND THE FINAL DECISION IS MADE BY THE SUPERVISOR. FORM 990, PART VI, SECTION B, LINE 15 XI. EXECUTIVE COMPENSATION POLICY A. THIS POLICY ON THE PROCESS FOR DETERMINING COMPENSATION OF THE ILA APPLIES TO THE COMPENSATION OF THE FOLLOWING PERSONS EMPLOYED BY THE ORGANIZATION: THE ILA'S CHIEF EMPLOYED EXECUTIVE, OR ANY ADDITIONAL KEY EMPLOYEES OR CONSULTANTS OF THE ORGANIZATION WHO SHALL BE DESIGNATED AS "HIGHLY COMPENSATED" EMPLOYEES OR CONSULTANTS IN THEIR EMPLOYMENT OR CONSULTING CONTRACT. B. THE CHIEF EXECUTIVE OFFICER (CEO) OF THE ILA IS THE PRINCIPAL REPRESENTATIVE OF THE ORGANIZATION, AND THE PERSON RESPONSIBLE FOR ITS EFFICIENT AND EFFECTIVE OPERATION. THEREFORE, IT IS THE DESIRE OF THE ILA TO PROVIDE A FAIR YET REASONABLE AND NOT EXCESSIVE COMPENSATION FOR THE CEO (AND ANY OTHER HIGHLY COMPENSATED EMPLOYEES AND CONSULTANTS). C. THE ANNUAL PROCESS FOR DETERMINING COMPENSATION IS AS FOLLOWS: THE ILA EXECUTIVE COMMITTEE (UNLESS A COMPENSATION COMMITTEE IS FORMED) THROUGH ITS BOARD CHAIR ANNUALLY EVALUATES THE CEO ON HER PERFORMANCE, AND ASK FOR HER INPUT ON MATTERS OF PERFORMANCE AND COMPENSATION. THE EXECUTIVE COMMITTEE WILL OBTAIN RESEARCH AND INFORMATION TO MAKE A RECOMMENDATION TO THE BOARD OF DIRECTORS FOR THE COMPENSATION (SALARY AND BENEFITS) OF THE CEO (AND OTHER HIGHLY COMPENSATED EMPLOYEES OR CONSULTANTS) BASED ON A REVIEW OF COMPARABILITY DATA. FOR EXAMPLE, THIS DATA MAY INCLUDE THE FOLLOWING: I. SALARY AND BENEFIT COMPENSATION STUDIES BY INDEPENDENT SOURCES; II. WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS; III. DOCUMENTED TELEPHONE CALLS ABOUT SIMILAR POSITIONS AT BOTH NONPROFIT AND FOR-PROFIT ORGANIZATIONS; AND IV. INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS. D. CONCURRENT DOCUMENTATION. TO APPROVE THE COMPENSATION FOR THE CEO (AND OTHER HIGHLY COMPENSATED EMPLOYEES AND CONSULTANTS) THE BOARD OF DIRECTORS MUST DOCUMENT HOW IT REACHED ITS DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED, IN MINUTES OF THE MEETING DURING WHICH THE COMPENSATION WAS APPROVED. DOCUMENTATION WILL INCLUDE: I. A DESCRIPTION OF THE COMPENSATION AND BENEFITS AND THE DATE IT WAS APPROVED; II. THE MEMBERS OF THE BOARD WHO WERE PRESENT DURING THE DISCUSSION ABOUT COMPENSATION AND BENEFITS, AND THE RESULTS OF THE VOTE; III. A DESCRIPTION OF THE COMPARABILITY DATA RELIED UPON AND HOW THE DATA WAS OBTAINED; AND IV. ANY ACTIONS TAKEN (SUCH AS ABSTAINING FROM DISCUSSION AND VOTE) WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE BOARD BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION ON THE COMPENSATION AND BENEFITS. E. INDEPENDENCE IN SETTING COMPENSATION: THE CHAIR OF THE BOARD OF DIRECTORS, WHO IS A VOLUNTEER AND NOT COMPENSATED BY THE ILA, WILL OPERATE INDEPENDENTLY WITHOUT UNDUE INFLUENCE FROM THE CEO. NO MEMBER OF THE EXECUTIVE COMMITTEE WHO IS A STAFF MEMBER OR THE RELATIVE OF A STAFF MEMBER WILL PARTICIPATE IN EXECUTING THIS POLICY, NOR SHALL ANY EXECUTIVE COMMITTEE MEMBER HAVE A RELATIONSHIP WITH STAFF THAT COULD PRESENT A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ILA MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.