2024-04-24T09:12:13-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2022-07-01 236414801 INTERNATIONAL HOUSE PHILADELPHIA INC INTE 2153875125 3000 CHESTNUT STREET 7258 PHILADELPHIA PA 19101 GIACOMO F CESAREO III BOARD CHAIR 2153875125 2024-04-17 1 GIACOMO CESAREO III 999009999 0 WILLIAM A LOUGHERY P01603932 2156433900 2024-04-17 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GIACOMO F CESAREO III 3000 CHESTNUT STREET 7258 PHILADELPHIA PA 19101 369626 0 X WWW.IHOUSEPHILLY.ORG X 1933 PA IHP BUILDS COMMUNITY, PROVIDES RESOURCES, & ADVOCATES FOR PHILLY'S GLOBAL POPULATION OF STUDENTS & ACADEMICS 10 10 3 10 0 0 78801 13462 0 1241 452393 348251 0 6672 531194 369626 0 0 0 0 295418 134531 0 0 0 168383 270969 463801 405500 67393 -35874 10637979 11248896 37216 35171 10600763 11213725 IHP PROMOTES A MORE GLOBALLY CONNECTED PHILADELPHIA BY SUPPORTING STUDENTS AND SCHOLARS FROM AROUND THE WORLD AND WELCOMING THEM TO THE GREATER PHILADELPHIA COMMUNITY. 0 0 129148 0 1241 IHP OFFERED A SERIES OF EVENTS AND ACTIVITIES AIMED AT CONNECTING PHILADELPHIA-AREA INTERNATIONAL STUDENTS AND SCHOLARS TO EACH AND CREATING A BOND TO OUR CITY. WE WELCOMED 450 PARTICIPANTS ACROSS 5 LARGE EVENTS, INCLUDING A WELCOME RECEPTION, A THANKSGIVING FEAST, A CAREER EVENT, AND AN INTERCULTURAL IFTAR; AND 432 PARTICIPANTS JOINED US ACROSS 26 MEETUPS AND ACTIVITIES AROUND PHILADELPHIA THROUGHOUT THE YEAR WHICH WERE DESIGNED TO SHARE AMERICAN CULTURE AND A DEEPER UNDERSTANDING OF OUR CITY - THESE INCLUDED SPORTING EVENTS, MUSEUM TRIPS, HIKING TRIPS AND MORE. 129148 1 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 1 6 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X THE ORGANIZATION 2153875125 3000 CHESTNUT STREET 7258 PHILADELPHIA PA 19101 SARAH CHRISTY PRESIDENT & CEO (UNTIL 10/22) 40.00 X 101289 0 16712 GIACOMO F CESAREO III CHAIR 1.00 X X 0 0 0 STEVEN J CASPER TREASURER 1.00 X X 0 0 0 MARC DUEY MSC MBA BOARD MEMBER 1.00 X 0 0 0 AMY E GADSDEN PHD BOARD MEMBER 1.00 X 0 0 0 CURTIS M HESS RPA BOARD MEMBER 1.00 X 0 0 0 JASON P LISI ESQ BOARD MEMBER 1.00 X 0 0 0 LOUIS PADULO PHD BOARD MEMBER 1.00 X 0 0 0 JOHN F SMITH III ESQ BOARD MEMBER 1.00 X 0 0 0 RICHARD L VEITH BOARD MEMBER 1.00 X 0 0 0 LUDO C P SCHEFFER PHD BOARD MEMBER 1.00 X 0 0 0 101289 0 16712 1 0 0 0 0 3054 10408 13462 TICKETS 516210 1241 1241 1241 348251 348251 TAX REFUNDS 900099 6672 6672 6672 369626 1241 0 354923 X 43564 3920 39644 79694 79694 2139 2139 9134 6991 2143 24045 24045 48101 48101 17500 17500 105699 4405 101294 2356 375 1981 7033 3939 3094 11450 11450 1356 267 1089 10728 846 9882 STAFF RELATED EXPENSES 30490 25865 4625 STORAGE 8715 457 8258 MEMBERSHIP DUES 3496 250 3246 405500 129148 276352 0 1208020 1876390 1000000 10205 2129 12372 8368894 9294179 58936 55750 10637979 11248896 37216 35171 37216 35171 X 10600763 11213725 10600763 11213725 10637979 11248896 -35874 648836 0 X 0 0 0 X 481230 16316 290495 78801 13462 880304 3997404 1545113 1241 5543758 4478634 1561429 290495 78801 14703 6424062 32337 3509 35846 0 32337 3509 35846 6388216 399092 319800 9844 452393 348251 1529380 399092 319800 9844 452393 348251 1529380 6672 6672 4877726 1881229 300339 531194 369626 7960114 0.80250 0.93120 0.19210 0.06600 X 55750 X 0 0 PART III, LINE 4: IHP EXHIBITED THESE COLLECTIONS IN THE BUILDING IT PREVIOUSLY OPERATED, IN CELEBRATION OF THE DIVERSITY OF OUR CONSTITUENCY. THE COLLECTION HAS BEEN KEPT IN STORAGE SINCE 2020. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CURRENTLY CONSISTS OF THE CHAIR OF THE BOARD AS CHAIR OF THE COMMITTEE, THE TREASURER, THE CHAIR OF EACH OF THE STANDING COMMITTEES, AND ADDITIONAL BOARD MEMBERS APPOINTED TO THE EXECUTIVE COMMITTEE BY THE BOARD. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE REQUIRED TO ALSO BE VOTING MEMBERS OF THE FULL BOARD. THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL OF THE POWERS OF THE BOARD AT SUCH TIMES AS THE BOARD IS NOT IN SESSION, EXCEPT TO ELECT OR REMOVE TRUSTEES OR OFFICERS FROM OFFICE, AND SHALL REPORT ITS INTERIM ACTIONS AT THE NEXT REGULAR MEETING OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL MEET AT REGULARLY STATED INTERVALS TO BE DETERMINED FROM TIME TO TIME BY THE BOARD AND SHALL ALSO MEET AT THE CALL OF THE CHAIR, UPON SUCH NOTICE AS THE COMMITTEE SHALL PRESCRIBE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE IHP AUDIT & FINANCE COMMITTEE WILL REVIEW THE DRAFT OF THE 990 PRIOR TO FILING IT WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO THE BOARD, OFFICERS AND STAFF. POTENTIAL CONFLICTS ARE REPORTED TO THE CEO, WHO REPORTS ALL INFORMATION TO THE AUDIT COMMITTEE OF THE BOARD. THE AUDIT COMMITTEE WOULD MAKE THE DETERMINATION AS TO WHETHER OR NOT A CONFLICT EXISTS. IF A CONFLICT WERE TO ARISE, THE PERSON(S) IN CONFLICT WOULD ABSTAIN FROM ANY DELIBERATION OR VOTE RELATED TO THE MATTER IN CONFLICT AND/OR BE REMOVED FROM THEIR POSITION AT IHP. THE POLICY INCLUDES A PROVISION REQUIRING THAT ANY POTENTIAL CONFLICT BE IMMEDIATELY DISCLOSED. IN ADDITION, ALL THOSE COVERED BY THE CONFLICT OF INTEREST POLICY ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM AND SIGN A COPY OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A IT IS THE POLICY OF THE INTERNATIONAL HOUSE PHILADELPHIA, INC. TO PAY NO MORE THAN FAIR MARKET VALUE IN ANY FINANCIAL TRANSACTION. WHEN A TRANSACTION INVOLVES A "DISQUALIFIED PERSON," DEFINED AS ANY INDIVIDUAL WHO IS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF THE CORPORATION AT ANY TIME DURING A FIVE (5) YEAR PERIOD, IT MUST UNDERGO ADDITIONAL REVIEW AND ANALYSIS. BENEFIT TRANSACTIONS SHALL BE REVIEWED BY A COMMITTEE THAT IS DESIGNATED BY THE BOARD OF DIRECTORS OF THE CORPORATION TO REVIEW BENEFIT TRANSACTIONS. THE BOARD SHALL USE COMPARABILITY DATA PRIOR TO THE APPROVAL OF ANY COMPENSATION ARRANGEMENTS. THE DATA SHALL INCLUDE BUT IS NOT LIMITED TO INDUSTRY SURVEYS, DOCUMENTED COMPENSATION OF PERSONS IN SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS, OR COMPENSATION STUDIES. IT IS THE RESPONSIBILITY OF THE BOARD TO ADEQUATELY DOCUMENT, PREFERABLY IN THE FORM OF MINUTES, THE BASIS FOR ITS DETERMINATION. THIS DOCUMENTATION MUST BE CONCURRENT WITH THE DECISION AND SHALL BE CREATED NO LATER THAN 60 DAYS AFTER THE COMPENSATION APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ANY REQUEST BY THE PUBLIC FOR DOCUMENTS SHOULD BE DIRECTED TO IHP'S BOARD CHAIR, WHO WILL PROVIDE THE REQUESTED DOCUMENTS DIGITALLY OR IN PHYSICAL COPIES, AS APPLICABLE. FORM 990, PART IX, LINE 11G PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 4,405. MANAGEMENT AND GENERAL EXPENSES 101,294. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 105,699.