2023-08-04T10:23:52-05:00 2022-12-31 390974031 WEGNER CPAS LLP 419 N LEE ST ALEXANDRIA VA 223142301 990 2022-01-01 461875686 LATINO CORPORATE DIRECTORS EDUCATION FOUNDATION LATI 2024306954 1032 15TH STREET NW 1377 WASHINGTON DC 200051503 OSWALDO GROMADA MEZA ACTING PRESIDENT & CEO 2024306954 2023-08-02 1 OSWALDO GROMADA MEZA 999009999 0 GLENN MILLER CPA P00086726 7035190990 2023-08-02 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z OSWALDO GROMADA MEZA 1032 15TH STREET NW 1377 WASHINGTON DC 200051503 1038957 0 X N/A X 2013 DE THE LATINO CORPORATE DIRECTORS EDUCATION FOUNDATION (LCDEF) IS THE AFFILIATED FOUNDATION OF LCDA. TOGETHER WITH LCDA, THE FOUNDATION IS COMMITTED TO PAVING THE WAY FOR THE NEXT GENERATION OF US LATINA AND LATINO CORPORATE DIRECTORS. ITS STRATEGIC PRIORITY IS TO PREPARE, POSITION AND GROW THE SUPPLY OF LATINO C-SUITE EXECUTIVES PREPARED FOR CORPORATE BOARD SERVICE AND LEAD WITH RESEARCH-BASED REPORTS AND THOUGHT LEADERSHIP. 10 10 0 10 0 0 529650 737202 194500 295175 123 6580 0 0 724273 1038957 0 0 0 0 0 0 0 0 61869 626993 915175 626993 915175 97280 123782 783871 829137 214363 135847 569508 693290 X THE LATINO CORPORATE DIRECTORS EDUCATION FOUNDATION (LCDEF) IS THE AFFILIATED FOUNDATION OF LCDA. TOGETHER WITH LCDA, THE FOUNDATION IS COMMITTED TO PAVING THE WAY FOR THE NEXT GENERATION OF US LATINA AND LATINO CORPORATE DIRECTORS. ITS STRATEGIC PRIORITY IS TO PREPARE, POSITION AND GROW THE SUPPLY OF LATINO C-SUITE EXECUTIVES PREPARED FOR CORPORATE BOARD SERVICE AND LEAD WITH RESEARCH-BASED REPORTS AND THOUGHT LEADERSHIP. 0 0 717901 0 295175 LCDEF ACCOMPLISHED THE FOLLOWING: GREW THE NUMBER OF BOARD ASPIRING EXECUTIVES PARTICIPATING IN THE BOARD READY INSTITUTE PROGRAMMING, OUR PROGRAM OFFERINGS HAVE ALSO EXPANDED. THE BRI OFFERS LCDA MEMBERS TWO CONCURRENT PROGRAM TRACKS: THE CORE BRI AND THE NEXT-LEVEL BRINEXT: THE BRI CORE PROGRAM IS DESIGNED TO PREPARE EXECUTIVES TO BEGIN THEIR JOURNEY TO THE BOARDROOM AND BE BEST POSITIONED TO SERVE AS A VETTED TALENT POOL FOR CORPORATE BOARD SERVICE. THE PROGRAM IS TARGETED AT NEW EXECUTIVE MEMBERS WHO HAVE NOT COMPLETED BOARD-READY PROGRAMMING OR DIRECTORS WHO ARE SERVING ON THEIR FIRST PRIVATE BOARD (LESS THAN 2 YEARS). BRINEXT IS NEXT LEVEL PROGRAMMING DESIGNED TO TAKE EXECUTIVES ON A DEEPER DIVE INTO CORPORATE GOVERNANCE EDUCATION WITH A SPECIFIC FOCUS ON BEING AN EFFECTIVE BOARD DIRECTOR AT THE COMMITTEE LEVEL. THIS PROGRAM IS TARGETED AT FIRST-TIME DIRECTORS (LESS THAN 5 YEARS) AND EXECUTIVE MEMBERS WHO COMPLETED BRI CORE PROGRAMMING IN PREVIOUS YEAR(S) OR OTHER BOARD-READINESS PROGRAMS THROUGH OTHER SOURCES.LCDEF'S PREMIERE BOARDREADY INSTITUTE (BRI) IS A COMPREHENSIVE SET OF EXCLUSIVE PROGRAMS - BRI CORE AND BRINEXT - UNIQUELY DESIGNED TO PREPARE NEW AND ASPIRING DIRECTORS FOR BOARDROOM SUCCESS. THERE IS NO OTHER PROGRAMMING OF THIS SCOPE FOCUSED ON ACCELERATING THE DEVELOPMENT AND PLACEMENT OF HIGHLY CREDENTIALED LATINOS ONTO THE HIGHEST LEVELS OF CORPORATE GOVERNANCE. 717901 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 1 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X DEBBY BLAZQUEZ 2024306954 5819 RIDINGS MANOR PL CENTREVILLE VA 20120 ANA DUTRA CO-CHAIR 1.50 1.50 X X 0 0 0 DOLORES KUNDA CO-CHAIR 1.50 1.00 X X 0 0 0 PEDRO DEJESUS TREASURER 1.50 1.50 X X 0 0 0 SUSAN ANGELE SECRETARY 1.50 X X 0 0 0 NORMAY CADENA DIRECTOR 1.00 X 0 0 0 NOREEN GILLEN DIRECTOR 1.00 X 0 0 0 F DANILE SICILIANO DIRECTOR 1.00 X 0 0 0 ROMULO DIAZ DIRECTOR 1.00 X 0 0 0 RICARDO MORA DIRECTOR 1.00 X 0 0 0 GILBERT VASQUEZ DIRECTOR 1.00 X 0 0 0 ESTHER AGUILERA PRESIDENT/CEO 16.00 24.00 X 0 322000 10212 OSWALDO GROMADA MEZA VICE PRESIDENT, MEMBER AND TALENT SERVICES 12.00 28.00 X 0 165000 1375 CARMEN JOGE VICE PRESIDENT, PROGRAMS AND OPERATIONS 30.00 10.00 X 0 128000 10714 MONIQUE NAVARRO ASSOCIATE VICE PRESIDENT, MARKETING AND COMM. 10.00 30.00 X 0 110808 6951 WENDY STURLEY ASSOCIATE VICE PRESIDENT, ENGAGEMENT AND EVENTS 10.00 30.00 X 0 125500 11393 0 851308 40645 0 0 1 0 0 737202 737202 BOARD READY INSTITUTE 611430 295175 295175 295175 6580 6580 1038957 295175 0 6580 876098 693046 121183 61869 1400 1400 37677 24855 12822 915175 717901 135405 61869 490704 223958 255467 527879 0 35000 37700 42300 783871 829137 199363 133847 15000 2000 214363 135847 X 569508 693290 569508 693290 783871 829137 123782 0 X 0 1 X 1 0 X 407000 401000 373925 529650 737202 2448777 407000 401000 373925 529650 737202 2448777 1200481 1248296 3794 1701 6580 12075 2460852 639675 0.50730 0.39420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0 X 0 0 0 0 0 0 0 0 0 ESTHER AGUILERA PRESIDENT/CEO 0 272000 0 50000 0 0 0 5900 0 4312 0 332212 0 0 OSWALDO GROMADA MEZA VICE PRESIDENT, MEMBER AND TALENT SE 0 165000 0 0 0 0 0 1375 0 0 0 166375 0 0 PART I, LINE 1A THE ASSOCIATION'S PRESIDENT/CEO WORKS FROM HOME AND IS REIMBURSED FOR UTILITIES AND PHONE COSTS INCURRED. FORM 990, PART VI, SECTION A, LINE 6 LATINO CORPORATE DIRECTORS ASSOCIATION IS THE SOLE MEMBER OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A LATINO CORPORATE DIRECTORS ASSOCIATION HAS THE ABILITY TO APPOINT ONE OR MORE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL LCDEF EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS, WHEN ACTING ON BEHALF OF THE ORGANIZATION, MUST COMPLY WITH ALL APPLICABLE FEDERAL, STATE, AND INTERNATIONAL LAWS, UPHOLD ALL ORGANIZATIONAL POLICIES AND PRACTICES, AND COMPORT THEMSELVES IN ACCORDANCE WITH THE HIGHEST STANDARDS OF ETHICAL BUSINESS CONDUCT. IN FURTHERANCE OF THAT GOAL, THE ORGANIZATION HAS DEVELOPED POLICIES THAT SEEK TO AVOID OR MINIMIZE POTENTIAL CONFLICTS BETWEEN THE PERSONAL INTERESTS OF LCDEF AND THOSE OF EMPLOYEES AND BOARD MEMBERS. THE PURPOSE OF THE POLICY IS TO ENSURE THAT DECISIONS ABOUT LCDEF'S OPERATIONS AND ABOUT THE USE OR DISPOSITION OF LCDEF'S ASSETS ARE MADE SOLELY ON THE BASIS OF WHETHER THEY SERVE THE ORGANIZATION'S, RATHER THAN AN INDIVIDUAL'S, INTERESTS. THE POLICY SEEKS TO ENSURE THAT DECISIONS ABOUT LCDEF'S OPERATIONS AND ASSETS ARE NOT INFLUENCED BY THE DESIRE FOR PERSONAL GAIN OR PROFIT ON THE PART OF ANY INDIVIDUAL. IN ADDITION TO ACTUAL CONFLICTS OF INTEREST, ALL EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS SUBJECT TO THIS POLICY ARE OBLIGED TO AVOID ANY ACTIONS OR ACTIVITIES THAT ARE, OR COULD BE PERCEIVED AS BEING, IN CONFLICT WITH ORGANIZATIONAL INTERESTS. ALL LCDEF EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS MUST SIGN A CONFLICT OF INTEREST COMPLIANCE CERTIFICATION ANNUALLY. CONFLICTS OF INTEREST CAN OCCUR WHEN THE ORGANIZATION ENTERS INTO TRANSACTIONS WITH PERSONS, BUSINESSES, OR NON-PROFIT ORGANIZATIONS THAT HAVE RELATIONSHIPS WITH ITS EMPLOYEES, BOARD MEMBERS OR OFFICERS. TO AVOID ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, OR THE APPEARANCE OF A CONFLICT OF INTEREST, INDIVIDUALS SUBJECT TO LCDEF'S POLICY SHOULD ALWAYS DISCLOSE ANY CONNECTIONS OR RELATIONSHIPS WITH ORGANIZATIONS, PERSONS OR BUSINESSES SEEKING TO DO BUSINESS WITH THE ORGANIZATION, AND REFRAIN FROM PARTICIPATING IN DECISIONS AFFECTING TRANSACTIONS BETWEEN LCDEF AND THOSE ORGANIZATIONS, PERSONS OR BUSINESSES. THE MERE EXISTENCE OF A CONNECTION OR RELATIONSHIP WITH A PERSON OR BUSINESS DOES NOT PREVENT A TRANSACTION FROM TAKING PLACE, RATHER IT REQUIRES THAT: THE RELATIONSHIP BE DISCLOSED; ONLY DISINTERESTED INDIVIDUALS PARTICIPATE IN DECISIONS REGARDING TRANSACTIONS BETWEEN LCDEF AND THE PERSON OR BUSINESS; AND, THE TERMS OF THE TRANSACTION ARE FAIR AND REASONABLE COMPARED TO THOSE AVAILABLE IN OTHER COMMERCIAL TRANSACTIONS WHERE THE PARTIES ARE ENTIRELY INDEPENDENT OF ONE ANOTHER. EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS OF LCDEF HAVE A DUTY TO BE FREE FROM CONFLICT OF INTEREST WHEN THEY REPRESENT THE ORGANIZATION OR MAKE RECOMMENDATIONS WITH RESPECT TO INTERACTIONS BETWEEN THE ORGANIZATION AND OTHER ENTITIES. EMPLOYEES MUST DEAL WITH SUPPLIERS AND ALL OTHERS DOING BUSINESS WITH THE ORGANIZATION ON THE SOLE BASIS OF WHAT IS IN THE BEST INTEREST OF THE ORGANIZATION, WITHOUT FAVOR OR PREFERENCE TO THIRD PARTIES BASED ON PERSONAL CONSIDERATIONS. IN PARTICULAR: EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS WHO HAVE RELATIONSHIPS WITH INDIVIDUALS OR BUSINESSES THAT SEEK TO DO BUSINESS WITH THE ORGANIZATION-OR WHO MAKE RECOMMENDATIONS WITH RESPECT TO SUCH DEALINGS OR PASS JUDGMENT UPON THEM - SHALL NOT OWN ANY INTEREST IN, OR HAVE ANY PERSONAL AGREEMENT OR UNDERSTANDING WITH, SUCH THIRD PARTIES THAT WOULD TEND TO INFLUENCE THE EMPLOYEES' DECISIONS WITH RESPECT TO THE BUSINESS OF THE ORGANIZATION, UNLESS EXPRESSLY AUTHORIZED IN WRITING AFTER THE INTEREST, AGREEMENT, OR UNDERSTANDING HAS BEEN DISCLOSED. NO EMPLOYEES OR MEMBER OF THE BOARD OF DIRECTORS SHALL SEEK OR ACCEPT, DIRECTLY OR INDIRECTLY, PERSONAL PAYMENTS, LOANS OR SERVICES, EXCESSIVE ENTERTAINMENT, OR TRAVEL OR GIFTS OF MORE THAN NOMINAL VALUE FROM ANY INDIVIDUAL OR BUSINESS DOING OR SEEKING TO DO BUSINESS WITH THE ORGANIZATION. THIS PROVISION SHALL NOT, HOWEVER, PREVENT EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS FROM ACCEPTING OR MAKING USE OF ROOMS OR ENTERTAINMENT PROVIDED BY FACILITIES ON A COMPLIMENTARY OR UPGRADED BASIS IN CONNECTION WITH AN ORGANIZATIONAL CONFERENCE, SEMINAR, OR SCHOOL, WHERE SUCH ROOM OR ENTERTAINMENT IS PART OF THE OVERALL CONTRACT NEGOTIATIONS WITH THE FACILITY. SUCH USE OF FACILITATES BENEFITS THE ORGANIZATION. NO EMPLOYEE OR MEMBERS OF THE BOARD OF DIRECTORS SHALL DO BUSINESS WITH A CLOSE RELATIVE ON BEHALF OF THE ORGANIZATION, UNLESS EXPRESSLY AUTHORIZED BY THE ORGANIZATION IN WRITING AFTER THE RELATIONSHIP HAS BEEN DISCLOSED. THE CONFLICT OF INTEREST REQUIREMENT EXTENDS TO SITUATIONS INVOLVING THE CLOSE RELATIVES OF ALL EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS. CLOSE RELATIVES NORMALLY INCLUDE SPOUSES, PARTNERS, PARENTS, CHILDREN, BROTHERS AND SISTERS. EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS SHALL TAKE REASONABLE STEPS TO BECOME INFORMED OF CONFLICTING INTERESTS INVOLVING CLOSE RELATIVES WHO ARE EITHER EMPLOYED BY, OR HAVE A GREATER THAN 5% FINANCIAL STAKE IN, ORGANIZATIONS OR ENTITIES THAT SEEK TO DO BUSINESS WITH LCDEF. IN INSTANCES WHERE EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS BECOME AWARE OF POTENTIAL OR ACTUAL CONFLICTS OF INTEREST INVOLVING RELATIVES WHO ARE EMPLOYED BY, OR HOLD GREATER THAN 5% FINANCIAL STAKE IN, ORGANIZATIONS OR ENTITIES THAT SEEK TO DO BUSINESS WITH LCDEF, THOSE INDIVIDUALS SHALL DISCLOSE SUCH CONFLICTS TO LCDEF IN WRITING, PRIOR TO THE ORGANIZATION TRANSACTING BUSINESS WITH SUCH ORGANIZATIONS OR ENTITIES. WITH RESPECT TO ALL EMPLOYEES AND BOARD OF DIRECTORS, THE CO-CHAIRS AND PRESIDENT & CEO OF LCDEF HAS THE ULTIMATE AUTHORITY TO DETERMINE APPROPRIATE ACTION AGAINST ANY EMPLOYEE OR MEMBERS OF THE BOARD OF DIRECTORS ENGAGED IN AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. THE CO-CHAIRS OF LCDEF'S BOARD OF DIRECTORS HAS THE ULTIMATE AUTHORITY TO DETERMINE APPROPRIATE ACTION TO BE TAKEN AGAINST A PRESIDENT & CEO WHO IS ENGAGED IN AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. LATINO CORPORATE DIRECTORS ASSOCIATION 1032 15TH ST NW 1377 WASHINGTON DC 200051503 461866372 SUPPORT LATINO CORPORATE DIRECTORS DE 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0