EIN 52-1631358

Executive Leadership Council (ELC)

IRS 501(c) type
501(c)(3)
Num. employees
48
Year formed
1989
Most recent tax filings
2023-12-01
NTEE code, primary
Description
ELC's mission is to provide educational and economic opportunities, mentoring projects, and programs to identify, prepare and advance the next generation of black American managers and executives.
Total revenues
$21,644,990
2023
Total expenses
$20,595,776
2023
Total assets
$60,444,481
2023
Num. employees
48
2023

Program areas at ELC

The elc's scholarship programs offer high-performing college students scholarships awards, internships, mentoring, and unique access to elc members, their companies, and strategic partners, additional philanthropic programming aims to increase opportunities for young black women and men to succeed as business executives.
Leadership development week is a premier development experience for black professionals that helps them address the challenges and opportunities of being a black leader today, by defying the odds and setting new standards for success.
Elc's membership engagement connects members to a powerful network of black business leaders around the globe who benefit from formal and informal networking and Executive development opportunities.

Grants made by ELC

GranteeGrant descriptionAmount
Howard UniversityScholarship$739,970
The Foundation for NC A&T State UniversityDonation$160,000
Delaware State University FoundationDonation$160,000
...and 67 more grants made totalling $2,377,240

Who funds Executive Leadership Council (ELC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Charities Aid Foundation of AmericaCharitable Donation$501,213
American Online Giving FoundationGeneral Support$485,930
The Coca-Cola FoundationAward for Excellence in Business Commentary Scholarship$150,000
...and 6 more grants received

Personnel at ELC

NameTitleCompensation
Michael C. HyterPresident and Chief Executive Officer$637,560
Lori WalkerExecutive Vice President and Chief Operating Officer$403,093
Hannibal L. Brumskine IIChief Financial Officer
Antoinette RiceVice President and Chief Marketing and Communicati$288,100
Libi Sprow RiceChief Marketing and Communications Officer
...and 43 more key personnel

Financials for ELC

RevenuesFYE 12/2023
Total grants, contributions, etc.$20,193,175
Program services$4,746,410
Investment income and dividends$970,995
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-917,939
Net income from fundraising events$-3,361,348
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$13,697
Total revenues$21,644,990

Form 990s for ELC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-10990View PDF
2022-122023-08-30990View PDF
2021-122022-11-14990View PDF
2020-122021-10-22990View PDF
2019-122021-04-02990View PDF
...and 11 more Form 990s
Data update history
December 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 28, 2024
Used new vendors
Identified 1 new vendor, including
October 31, 2024
Updated personnel
Identified 6 new personnel
October 19, 2024
Received grants
Identified 2 new grant, including a grant for $126,600 from The Blackbaud Giving Fund
August 7, 2024
Updated personnel
Identified 10 new personnel
Nonprofit Types
Grantmaking organizationsProfessional associationsBusiness and community development organizationsCharities
Issues
Community improvementBusiness and industry
Characteristics
MembershipsFundraising eventsNational levelReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
Address
1301 K St NW West Suite 210
Washington, DC 20005
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
elcinfo.com/about/board-of-directors/ 
Phone
(703) 706-5200
IRS details
EIN
52-1631358
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S50: Nonprofit Management
NAICS code, primary
813920: Professional Associations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Revoked
AG Registration Number
CT0171632
FTB Entity ID
3345196
AB 488 data last updated ("as-of") date
2025-01-15
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