Communications Network
- Assets
- $4.4m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Naperville, IL
- Founding
- 05/1999
- Data as of
- 12/2022
- EIN
- 52-2114179
Organization Overview
Communications Network is located in Naperville, IL. The organization was established in 1999. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 12/2022, Communications Network employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Communications Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Communications Network generated $2.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES LEARNING, LEADERSHIP, AND COMMUNITY IN SUPPORT OF ELEVATING AND ADVANCING STRATEGIC COMMUNICATIONS IN THE SOCIAL SECTOR. OUR MISSION IS TO SUPPORT FOUNDATIONS AND NONPROFITS TO IMPROVE LIVES THROUGH THE POWER OF SMART COMMUNICATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE:IN 2022, THE NETWORK HELD ITS FIRST IN-PERSON CONFERENCE SINCE 2019, GATHERING OVER 900 COMMUNICATORS FROM ACROSS THE GLOBE IN SEATTLE. THE CONFERENCE SOLD OUT AND EARNED A 95% APPROVAL RATING FROM ATTENDEES. THE CONFERENCE FEATURED A FULL SLATE OF KEYNOTE, BREAKOUT SESSIONS, PEER-LED LEARNING SESSIONS, AND NETWORKING OPPORTUNITIES.
MANAGEMENT & GENERAL:NETWORK PROGRAMMING CONTINUED TO OFFER MANY WAYS FOR MEMBERS TO ENGAGE WITH AND LEARN FROM THE FIELD. CIRCLES HELPED MEMBERS CONNECT AROUND ISSUE AREAS AND JOB FUNCTIONS. ONLINE LEARNING SESSIONS AND WEBINARS DELIVERED KEY INSIGHTS. TOOLS LIKE COMNETWORKDEI.ORG AND STORYTELLING FOR USE SAW WIDE USE. OUR THOUGHT LEADERSHIP PROGRAM, THE CLARENCE B. JONES IMPACT AWARD, ELEVATED ANOTHER TRANSFORMATIONAL COMMUNICATIONS CAMPAIGN. COMNETWORKLOCAL CONTINUED TO MEET, ALBEIT MOSTLY VIRTUALLY, IN OVER A DOZEN CITIES AROUND THE COUNTRY. AND THE NETWORK CONTINUED TO SURFACE SALIENT RESEARCH AND TOOLS FOR OUR MEMBERS.
COMMUNICATIONS:THE NETWORK COMMUNICATES REGULARLY WITH ITS MEMBERSHIP THROUGH SEVERAL CHANNELS. WE REGULARLY SEND EMAILS TO OUR 10,000+ PERSON EMAIL LIST, INCLUDING A MONTHLY NEWSLETTER. THE NETWORK'S GOOGLE GROUP LISTSERV CONTINUED TO SEE HIGH ENGAGEMENT IN 2022, AND EXISTED IN CONJUNCTION WITH OUR MEMBERS COMMUNITY PLATFORM ONLINE. COMNETWORK.ORG ALSO OFFERED MANY WAYS TO CONNECT TO THE NETWORK'S OFFERINGS. WE ALSO REGULARLY SURVEY OUR MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Gibbons CEO | 60 | $301,875 | |
Erica Pelletreau Chair | OfficerTrustee | 5 | $0 |
Norris West Vice Chair | OfficerTrustee | 5 | $0 |
Jill Schwartz Secretary | OfficerTrustee | 5 | $0 |
Virginia Mcmullan Treasurer | OfficerTrustee | 5 | $0 |
Lamonte Guillory Director | Trustee | 2 | $0 |
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 | $353,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $353,751 |
| Total Program Service Revenue | $1,890,186 |
| Investment income | $12,562 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,256,499 |
| 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. | $301,875 |
| Compensation of current officers, directors, key employees. | $196,219 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $416,162 |
| Pension plan accruals and contributions | $30,115 |
| Other employee benefits | $13,927 |
| Payroll taxes | $52,044 |
| Fees for services: Management | $62,000 |
| Fees for services: Legal | -$6 |
| Fees for services: Accounting | $6,415 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,500 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,758 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $867,158 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $421 |
| Insurance | $4,417 |
| All other expenses | $75,384 |
| Total functional expenses | $2,065,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $820,656 |
| Savings and temporary cash investments | $3,521,417 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $222 |
| 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 | $17,967 |
| Net Land, buildings, and equipment | $248 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,370,510 |
| Accounts payable and accrued expenses | $18,688 |
| Grants payable | $0 |
| Deferred revenue | $283,117 |
| 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 | $301,805 |
| Net assets without donor restrictions | $3,913,844 |
| Net assets with donor restrictions | $154,861 |
| 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 | $4,370,510 |