2025-09-02T10:37:12-05:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 530162570 GREATER WASHINGTON BOARD OF TRADE GREA 2028575900 1101 CONNECTICUT AVE NW 820 WASHINGTON DC 20036 JACK C MCDOUGLE PRESIDENT & CEO 2028575900 2025-09-02 1 0 JANNA C GOUDARZI P01335035 3019519090 2024 2025-03-06 01:10:19Z X JACK C MCDOUGLE 1101 CONNECTICUT AVE NW 820 WASHINGTON DC 20036 3787451 0 X WWW.BOT.ORG X 1889 DC SEE PART III, LINE 1. 88 87 18 87 0 0 773900 747058 2909830 3012112 9796 27456 833 825 3694359 3787451 0 0 0 0 2388972 2520463 0 0 0 1281656 1260857 3670628 3781320 23731 6131 1365252 2852683 1405965 2887265 -40713 -34582 THE GREATER WASHINGTON BOARD OF TRADE LEADS THE BUSINESS COMMUNITY IN ADVANCING A VIBRANT REGIONAL ECONOMY. 0 0 PROGRAMS AND EVENTS: THE BOARD OF TRADE HOSTS WEEKLY MEETINGS, CONFERENCES, RECEPTIONS, AND OTHER EVENTS FOR ITS MEMBER ORGANIZATIONS AND OTHER LEADERS IN THE COMMUNITY. THESE ACTIVITIES FACILITATE LEARNING, NETWORKING, AND PROBLEM SOLVING, HELPING PARTICIPANTS TO MEET NEAR-TERM BUSINESS OBJECTIVES AS WELL AS CONTRIBUTE TO THE DEVELOPMENT OF THE REGION. GOVERNMENT RELATIONS: THE BOARD OF TRADE MAINTAINS PRODUCTIVE RELATIONSHIPS WITH POLICYMAKERS THROUGHOUT THE REGION AND ADVOCATES FOR GOVERNMENT ACTION THAT SUPPORTS LONG-TERM, BROAD-BASED ECONOMIC GROWTH. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 18 1 0 0 0 0 1 1 0 0 0 X 88 87 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X MARY ZARELLA 2028575900 1101 CONNECTICUT AVE NW 820 WASHINGTON DC 20036 JACK MCDOUGLE PRESIDENT & CEO 37.50 X X 451942 0 49066 STEVE PROCTOR CHAIR 2.31 X X 0 0 0 JEREMY BLANK CHAIR ELECT 2.31 X X 0 0 0 MARTY RODGERS SECRETARY 2.31 X X 0 0 0 COURTNEY SPAETH MEMBERSHIP CHAIR 2.31 X X 0 0 0 CECILIA HODGES TREASURER 2.31 X X 0 0 0 CASSIUS PRIESTLY ASSISTANT TREASURER 2.31 X X 0 0 0 TYLER ANTHONY ASSISTANT TREASURER 2.31 X X 0 0 0 JOHN STALFORT GENERAL COUNSEL 2.31 X X 0 0 0 MARIO ACOST-VELEZ EXECUTIVE COMMITTEE 0.77 X 0 0 0 MISTY ALLEN EXECUTIVE COMMITTEE 0.77 X 0 0 0 ROSIE ALLEN-HERRING EXECUTIVE COMMITTEE 0.77 X 0 0 0 DAVE DACQUINO EXECUTIVE COMMITTEE 0.77 X 0 0 0 DOMINIC DOM DELMOLINO EXECUTIVE COMMITTEE 0.77 X 0 0 0 LARRY DI RITA EXECUTIVE COMMITTEE 0.77 X 0 0 0 KEITH HENNESSEY EXECUTIVE COMMITTEE 0.77 X 0 0 0 IAN JEFFERSON EXECUTIVE COMMITTEE 0.77 X 0 0 0 BLUE JENKINS EXECUTIVE COMMITTEE 0.77 X 0 0 0 JEANELLE JOHNSON EXECUTIVE COMMITTEE 0.77 X 0 0 0 JERMAINE JOHNSON EXECUTIVE COMMITTEE 0.77 X 0 0 0 MELONIE JOHNSON EXECUTIVE COMMITTEE 0.77 X 0 0 0 SUSAN LACZ EXECUTIVE COMMITTEE 0.77 X 0 0 0 TOM PALMER EXECUTIVE COMMITTEE 0.77 X 0 0 0 TONY PIERCE EXECUTIVE COMMITTEE 0.77 X 0 0 0 MIKE POLICICCHIO EXECUTIVE COMMITTEE 0.77 X 0 0 0 ISRAEL ROCHA EXECUTIVE COMMITTEE 0.77 X 0 0 0 PATRICK RYAN EXECUTIVE COMMITTEE 0.77 X 0 0 0 KEN SAMET EXECUTIVE COMMITTEE 0.77 X 0 0 0 PATTI STEIS EXECUTIVE COMMITTEE 0.77 X 0 0 0 MICHAEL AKIN BOARD MEMBER 0.19 X 0 0 0 IRMA BECERRA BOARD MEMBER 0.19 X 0 0 0 MICHELE BLACKWELL BOARD MEMBER 0.19 X 0 0 0 DOUG BUFFKIN BOARD MEMBER 0.19 X 0 0 0 MARY-CLAIRE BURICK BOARD MEMBER 0.19 X 0 0 0 MIKE CARNEY BOARD MEMBER 0.19 X 0 0 0 DEAN CHANG BOARD MEMBER 0.19 X 0 0 0 RANDY CLARKE BOARD MEMBER 0.19 X 0 0 0 DARRELL CONNER BOARD MEMBER 0.19 X 0 0 0 JIM CORNELSEN BOARD MEMBER 0.19 X 0 0 0 LAURIE DEARMOND BOARD MEMBER 0.19 X 0 0 0 ED ENGLES BOARD MEMBER 0.19 X 0 0 0 ANDREW FLAGEL BOARD MEMBER 0.19 X 0 0 0 BRAD FLICKINGER BOARD MEMBER 0.19 X 0 0 0 SCOTT FRISCH BOARD MEMBER 0.19 X 0 0 0 VICTOR GEAGLA BOARD MEMBER 0.19 X 0 0 0 MONICA GOLDSON BOARD MEMBER 0.19 X 0 0 0 ELLEN GRANBERG BOARD MEMBER 0.19 X 0 0 0 JAY GRAUBERGER BOARD MEMBER 0.19 X 0 0 0 DAVE GREEN BOARD MEMBER 0.19 X 0 0 0 ASHLEY GREENSPAN BOARD MEMBER 0.19 X 0 0 0 STEVE HEGER BOARD MEMBER 0.19 X 0 0 0 ELIZABETH HUMPHREY BOARD MEMBER 0.19 X 0 0 0 ERNIE JARVIS BOARD MEMBER 0.19 X 0 0 0 BETH JOHNSON BOARD MEMBER 0.19 X 0 0 0 REGGIE JONES BOARD MEMBER 0.19 X 0 0 0 AMRY JUNAIDEEN BOARD MEMBER 0.19 X 0 0 0 TERRY KENNY BOARD MEMBER 0.19 X 0 0 0 DALE KOPNITSKY BOARD MEMBER 0.19 X 0 0 0 EVAN KRAUS BOARD MEMBER 0.19 X 0 0 0 LORRAINE LAVET BOARD MEMBER 0.19 X 0 0 0 CORBY LAWRENCE BOARD MEMBER 0.19 X 0 0 0 DIANA LEON-BROWN BOARD MEMBER 0.19 X 0 0 0 DAVID LEUDEMANN BOARD MEMBER 0.19 X 0 0 0 BILL MARX BOARD MEMBER 0.19 X 0 0 0 PAT MCGUIRE BOARD MEMBER 0.19 X 0 0 0 BRIAN MCVAY BOARD MEMBER 0.19 X 0 0 0 CATHERINE MELOY BOARD MEMBER 0.19 X 0 0 0 CLARK MERCER BOARD MEMBER 0.19 X 0 0 0 CHRIS MOLIVADAS BOARD MEMBER 0.19 X 0 0 0 RADHA MUTHIAH BOARD MEMBER 0.19 X 0 0 0 JOHANNA NESSETH TUTTLE BOARD MEMBER 0.19 X 0 0 0 JOE OCHIPINTI BOARD MEMBER 0.19 X 0 0 0 ALEX ORFINGER BOARD MEMBER 0.19 X 0 0 0 DERRICK PERKINS BOARD MEMBER 0.19 X 0 0 0 JOHN POTTER BOARD MEMBER 0.19 X 0 0 0 BRYAN PYNCHON BOARD MEMBER 0.19 X 0 0 0 LINDA RABBITT BOARD MEMBER 0.19 X 0 0 0 MICHELLE RILEY-BROWN BOARD MEMBER 0.19 X 0 0 0 ETHAN SELZER BOARD MEMBER 0.19 X 0 0 0 KIMBERLY SULLIVAN BOARD MEMBER 0.19 X 0 0 0 ROCKY THURSTON BOARD MEMBER 0.19 X 0 0 0 MAC TISDALE BOARD MEMBER 0.19 X 0 0 0 AJAY VINZE BOARD MEMBER 0.19 X 0 0 0 CALEB VULJANIC BOARD MEMBER 0.19 X 0 0 0 JACK WHITE BOARD MEMBER 0.19 X 0 0 0 REGGIE WHITE BOARD MEMBER 0.19 X 0 0 0 DAVID WHITESONE BOARD MEMBER 0.19 X 0 0 0 NAOMI WOLAK BOARD MEMBER 0.19 X 0 0 0 GEORGE LONGWELL VP OF ENGAGEMENT 37.50 X 221584 0 11484 JESSICA SHEHADI GENERAL MANAGER 37.50 X 181717 0 15379 DANIEL FLORES VP REGIONAL GOVERNMENT RELATIONS 37.50 X 163507 0 21620 ASHLEY BALIS SVP STRATEGY 37.50 X 134948 0 20526 SHAYLA MOON VP REGIONAL GOVERNMENT RELATIONS 37.50 X 109382 0 8677 1263080 0 126752 8 0 1 0 0 30500 716558 747058 MEMBERSHIP DUES 900099 2821330 2821330 PROGRAM PARTICIPATION 900099 190782 190782 3012112 27456 27456 MISCELLANEOUS 900099 825 825 825 3787451 3012112 0 28281 501008 1654832 52268 159867 152488 34061 100363 9999 119520 29997 147392 201669 10244 486380 7281 23759 42732 SUBS., BOOKS & DUES 17990 CREDIT CARD FEES 12633 STAFF EXPENSE 12566 COMMITTEE EXPENSE 4271 3781320 X 337736 575092 701107 707855 50000 71105 59250 117320 30746 179095 48991 18777 130104 119207 1299636 1365252 2852683 63396 84135 1099717 1265243 146811 143400 96041 1394487 1405965 2887265 X -40713 -34582 -40713 -34582 1365252 2852683 6131 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 2821330 930754 -242973 687781 930754 -242973 32549 22960 9589 146546 26031 120515 130104 DEPOSITS 19948 RIGHT-OF-USE ASSET 1279688 1299636 LEASE LIABILITY 1394487 1394487 3882411 94960 94960 3787451 0 3787451 3876653 94960 373 95333 3781320 0 3781320 PART XII, LINE 2D - OTHER ADJUSTMENTS: REL. ENTITY EXPENSES INCLUDED IN FINANCIAL STATEMENTS AND EXCLUDED FOR 990 REPORTING PURPOSES 373. X X X 0 0 0 JACK MCDOUGLE PRESIDENT & CEO 423125 0 28817 0 0 0 15525 0 33541 0 501008 0 0 0 GEORGE LONGWELL VP OF ENGAGEMENT 221584 0 0 0 0 0 9900 0 1584 0 233068 0 0 0 JESSICA SHEHADI GENERAL MANAGER 179217 0 2500 0 0 0 8362 0 7017 0 197096 0 0 0 DANIEL FLORES VP REGIONAL GOVERNMENT RELATIONS 163507 0 0 0 0 0 7650 0 13970 0 185127 0 0 0 ASHLEY BALIS SVP STRATEGY 129448 0 5500 0 0 0 6485 0 14041 0 155474 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE ORGANIZATION'S CPA, THE CEO, THE TREASURER AND THE BOARD FINANCE COMMITTEE BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD OF DIRECTORS DELEGATED POWERS ANNUALLY SIGNS A COI STATEMENT. IF THE CONFLICT OF INTEREST INVOLVES A FINANCIAL INTEREST TO THE INTERESTED PERSON, AND IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS OF THE EXECUTIVE COMMITTEE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT MAKES ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF AFTER HEARING THE INTERESTED PERSONS RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE EXECUTIVE COMMITTEE DETERMINES THE INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE ORGANIZATION'S CEO IS DETERMINED BY THE GOVERNANCE COMMITTEE, WHICH MEETS ONCE PER YEAR, BY USING COMPARABLE DATA AND IS DOCUMENTED IN THE BOARD MINUTES. THE GOVERANCE COMMITTEE REVIEWS CEO PERFORMANCE AND DETERMINES BONUS COMPENSATION. THE CEO'S LATEST COMPENSATION REVIEW TOOK PLACE ON NOVEMBER 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART X, LINE 24: ON AUGUST 2, 2020, THE ORGANIZATIONS RECEIVED LOAN PROCEEDS IN THE AMOUNT OF $150,000, UNDER THE ECONOMIC INJURY DISASTER LOAN (EIDL) PROGRAM ADMINISTERED BY THE SMALL BUSINESS ADMINISTRATION (SBA). THE PROMISSORY NOTE CALLS FOR MONTHLY PAYMENTS OF $641, COMPRISING BOTH PRINCIPAL AND INTEREST PAYMENTS, OVER THE 30-YEAR TERM OF THE PROMISSORY NOTE, WITH A DEFERRAL OF PAYMENTS FOR THE FIRST TWELVE MONTHS, SUBSEQUENTLY INCREASED TO THE FIRST THIRTY MONTHS. THE LOAN INTEREST RATE IS 2.75% PER ANNUM. GREATER WASHINGTON BOARD OF TRADE FOUNDATION 1101 CONNECTICUT AVE NW STE 820 WASHINGTON DC 20036 526062921 EDUCATIONAL & CHARITABLE PROGRAMS DC 501(C)(3) LINE 7 GREATER WASHINGTON BOARD OF TRADE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 GREATER WASHINGTON BOARD OF TRADE FOUNDATION P 373 INVOICE