Council Of Institutional Investors
- Assets
- $9.8m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 12
- Location
- Washington, DC
- Founding
- 09/1986
- Data as of
- 12/2023
- EIN
- 52-1380217
Organization Overview
Council Of Institutional Investors is located in Washington, DC. The organization was established in 1986. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Council Of Institutional Investors employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council Of Institutional Investors is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Council Of Institutional Investors generated $4.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $3.7m during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND RESEARCH IN 2023, CII HOSTED TWO NATIONAL CONFERENCES WITH MORE THAN 800 MEMBER ATTENDEES IN PERSON, AND AN IN-PERSON PROFESSIONAL TRAINING COURSE IN PARTNERSHIP WITH NYU LAW SCHOOL'S CENTER FOR CORPORATE GOVERNANCE & FINANCE WITH 65 PARTICIPANTS. THE FALL CONFERENCE INCLUDED 46 SHAREHOLDER-COMPANY ENGAGEMENT MEETINGS ("ENGAGEMENT EXCHANGE"). CII HOSTED NUMEROUS PODCASTS AND 22 WEBINARS DURING THE YEAR ON A WIDE RANGE OF TOPICS RELATED TO CORPORATE GOVERNANCE, SHAREHOLDER RIGHTS AND CAPITAL MARKETS REGULATION AND LEGISLATION. CII PUBLISHED THE CII GOVERNANCE ALERT MEMBER NEWSLETTER ON A WEEKLY BASIS. CII ALSO PUBLISHED A REPORT TITLED "IMPLICATIONS OF PROPOSED UPDATES TO FEDERAL BENEFIT- ANALYSIS." CII STAFF PRESENTED FREQUENTLY AT CONFERENCES AND AT REGULATORY AND LEGISLATIVE FORUMS.
ADVOCACY AND ENGAGEMENT: CII MEMBERS MET TWICE IN 2023 AND APPROVED: (1) AMENDMENTS TO OUR CORPORATE GOVERNANCE POLICIES CALLING ON COMPANIES TO DISCLOSE THE IDENTITY OF PROPONENTS OF SHAREHOLDER RESOLUTIONS, (2) AMENDMENTS TO POLICY ON THE TIMING OF THE AVAILABILITY OF PROXY STATEMENTS. CII WORKED CONSISTENTLY DURING THE YEAR TO DEFEND SHAREHOLDER RIGHTS AND PROTECTIONS. CII'S EXECUTIVE DIRECTOR TESTIFIED BEFORE THE HOUSE COMMITTEE ON FINANCIAL SERVICES' SUBCOMMITTEE ON CAPITAL MARKETS ON GOVERNANCE REFORMS ADVANCED BY THE SEC. CII ADVOCATED FOR "SUNSET" PROVISIONS FOR DUAL-CLASS STOCK STRUCTURES AT PUBLIC COMPANIES. CII ALSO ADVOCATED FOR STANDARDIZED CORPORATE DISCLOSURES OF CLIMATE RISK, LIABILITY FOR ERRORS AND OMISSIONS IN REGISTRATION STATEMENTS FOR PRIMARY DIRECT LISTINGS, AND CLAWBACK PROPOSALS. CII JOINED 12 OTHER ORGANIZATIONS IN FILING AN AMICUS BRIEF SUPPORTING THE SEC IN A LEGAL CHALLENGE TO PRIVATE FUND ADVISOR RULES (IN THE U.S. COURT OF APPEALS FOR THE FIFTH CIRCUIT).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Zdrazil Chair (through 03/23) | OfficerTrustee | 3 | $0 |
Aeisha Mastagni Chair | OfficerTrustee | 3 | $0 |
Thomas Mcintyre Co-Chair (through 03/23) | OfficerTrustee | 3 | $0 |
Margaret Foran Co-Chair | OfficerTrustee | 3 | $0 |
Michael Mccauley Co-Chair | OfficerTrustee | 3 | $0 |
Tejal Patel Co-Chair | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Principal Financial Group Investment Services | 12/30/17 | $180,620 |
1717 Pennsylvania Ave Lp Real Estate Services | 12/30/17 | $139,387 |
Tallen Technology Rentals Av Rental And Services | 12/30/17 | $134,060 |
The Moery Company Llc Consulting Services | 12/30/17 | $106,777 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,353,403 |
| Investment income | $157,990 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,714 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,507,998 |
| 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. | $1,377,975 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $595,778 |
| Pension plan accruals and contributions | $52,799 |
| Other employee benefits | $93,592 |
| Payroll taxes | $112,615 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,279 |
| Fees for services: Accounting | $76,726 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,765 |
| Advertising and promotion | $9,337 |
| Office expenses | $86,892 |
| Information technology | $32,284 |
| Royalties | $0 |
| Occupancy | $181,354 |
| Travel | $32,473 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $809,918 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,776 |
| Insurance | $49,385 |
| All other expenses | $124 |
| Total functional expenses | $3,708,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,697,077 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,623 |
| 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 | $1,504,730 |
| Net Land, buildings, and equipment | $65,127 |
| Investments—publicly traded securities | $3,513,958 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,958 |
| Total assets | $9,833,473 |
| Accounts payable and accrued expenses | $259,193 |
| Grants payable | $0 |
| Deferred revenue | $2,274,524 |
| 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 | $2,533,717 |
| Net assets without donor restrictions | $7,299,756 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,833,473 |