2023-10-03T13:28:50-05:00 2022-12-31 271155496 ROBERT LEE & ASSOCIATES LLP 999 W TAYLOR STREET STE A SAN JOSE CA 95126 990 2022-01-01 942460352 THE SILICON VALLEY LEADERSHIP GROUP SILI 4085017864 2460 N FIRST ST 260 SAN JOSE CA 95131 AHMAD THOMAS CEO 4085017864 2023-08-16 1 AHMAD THOMAS 999009999 0 X SCOTT R SMEAD P01208759 4088556770 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AHMAD THOMAS 2460 N FIRST ST 260 SAN JOSE CA 95131 4004018 0 X WWW.SVLG.ORG X 1977 CA TO IMPROVE THE GENERAL BUSINESS CONDITIONS AND QUALITY OF LIFE IN AND AROUND SILICON VALLEY. 58 57 36 500 0 0 943691 301300 4271701 3667872 728 80 248701 -35959 5464821 3933293 0 0 0 0 4754921 4592325 0 0 99625 1554539 1509617 6309460 6101942 -844639 -2168649 2543917 2006273 821166 2452171 1722751 -445898 X TO INVOLVE PRINCIPAL OFFICERS AND SENIOR MANAGERS OF MEMBER COMPANIES IN A COOPERATIVE EFFORT WITH LOCAL, REGIONAL, STATE, AND FEDERAL GOVERNMENT OFFICIALS TO ADDRESS MAJOR PUBLIC POLICY ISSUES AFFECTING THE ECONOMIC HEALTH AND QUALITY OF LIFE IN SILICON VALLEY. 0 0 5273133 TRANSPORTATIONTHE SILICON VALLEY TRANSPORTATION TEAM CO-AUTHORED CLEAN TRANSPORTATION BILL SB 922 (WEINER), SIGNED INTO LAW. SB 922 (WEINER) STREAMLINES CEQA TO MAKE IT EASIER TO BUILD COMMON-SENSE TRANSIT AND TRANSPORTATION PROJECTS THAT ARE BETTER FOR THE ENVIRONMENT. STAFF ALSO SUCCESSFULLY ENGAGED TO SUPPORT BUSINESS INTERESTS ON EFFORTS BY TRANSIT ADVOCATES TO TAX BUSINESSES IN A 2022 OR HOUSING AND COMMUNITY DEVELOPMENT. 2024 TRANSPORTATION INFRASTRUCTURE MEASURE THAT WOULD HAVE GRANTED REGIONAL AUTHORITY TO PUT BUSINESS TAXES ON THE BALLOT WITHOUT ANY DETAIL ON HOW THE FUNDS WOULD BE SPENT. TRANSPORTATION STAFF ALSO SUCCESSFULLY ADVOCATED TO ENSURE THAT CALTRAIN ELECTRIFICATION AND BART'S SILICON VALLEY EXTENSION PHASE II PROJECTS WERE 2 OF 3 MEGAPROJECTS PLACED IN THE TOP TIER OF REGIONAL PRIORITIES FOR STATE AND FEDERAL FUNDING. HOUSING & COMMUNITY DEVELOPMENTTHE SVLG HOUSING TEAM SPONSORED A HOUSING STREAMLINING BILL, AB 2234 (RIVAS), SIGNED INTO LAW. SUCCESSFULLY SUPPORTED CREATION OF OVER 10,000 HOUSING UNITS IN THE BAY AREA INCLUDING INNOVATIVE PROJECTS BY MEMBERS META AND GOOGLE THAT WILL REMAKE OLD INFRASTRUCTURE INTO MIXED-USE, WALKABLE COMMUNITIES WITH AMENITIES AND JOBS.HOSTED AN INFRASTRUCTURE EVENT AND ROUNDTABLES HAD 11 HIGH LEVEL SPEAKERS ON HOUSING INCLUDING ASSEMBLY HOUSING CHAIR, DEPUTY SECRETARY OF U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. RACIAL JUSTICE AND EQUITYIN 2022, SVLG ESTABLISHED KEY STRATEGIC INITIATIVES IN ALIGNMENT WITH MEMBER COMPANY KEY OBJECTIVES TO ADVANCE A NEW VISION OF CORPORATE CITIZENSHIP FOR THE INNOVATION ECONOMY ONE THAT TRANSFORMS THE FACE OF BUSINESS LEADERSHIP AND PROMOTES A MORE DIVERSE AND INCLUSIVE WORKING ENVIRONMENT WHERE ALL VALLEY RESIDENTS CAN THRIVE. WE LAUNCHED THE WEBSITE FOR PLEDGE 25X25, TO LEAD THE CONVERSATION AROUND THE DEI CHALLENGES, OPPORTUNITIES, UNIQUE INSIGHTS AND BEST PRACTICES IDENTIFIED BY THE SVLG BUSINESS COMMUNITY. ADDITIONALLY, IN PARTNERSHIP WITH SELECT HISTORICALLY BLACK COLLEGES & UNIVERSITIES (HBCU), SVLG HAS WORKED TO DEVELOP CLOSER TIES BETWEEN THE SILICON VALLEY'S TECH SECTOR. THIS COLLABORATION AIMS TO BUILD SOCIAL AND POLITICAL CAPITAL BETWEEN HBCU LEADERS AND SILICON VALLEY CORPORATE LEADERS, INCREASE THE REPRESENTATION OF HBCU STUDENTS AND ALUMNI AMONG SILICON VALLEY TECH PROFESSIONALS AND ENTREPRENEURS, AND TO BUILD SUSTAINABLE NETWORKS BETWEEN THESE TWO ECOSYSTEMS. THE HIGHLIGHT OF THIS ADVOCACY INCLUDED A TRIP TO WASHINGTON DC MADE BY CEO AHMAD THOMAS AND SELECT STAFF TO DIRECTLY ADVOCATE FOR THESE AIMS BEFORE THE CONGRESSIONAL BLACK CAUCUS. LASTLY, CORE TO SVLG AND RACIAL JUSTICE AND EQUITY PORTFOLIO'S MISSION IS TO REMAIN ACTIVE ON NATIONAL ISSUES REGARDING THE LAW - ESPECIALLY WHEN IT PERTAINS TO LAWS ENACTED AND/OR DESIGNED TO REDRESS RACIAL INJUSTICE. THIS PAST AUTUMN, WE JOINED 82 CORPORATIONS AND BUSINESS GROUPS WHO AFFIRMED THE CRUCIAL NEED FOR A RACIALLY DIVERSE WORKFORCE AND SIGNED AN AMICUS BRIEF SPECIFYING THE VALUE AND IMPORTANCE OF RACIALLY AND ETHNICALLY DIVERSE STUDENT BODIES AND SHOWING THE POSITIVE IMPACTS OF AFFIRMATIVE ACTION. MOST RECENTLY, WE HAVE MAINTAINED OUR CORRESPONDENCE WITH THE NAACP LEGAL DEFENSE FUND (LDF) IN ANTICIPATION OF A RULING, EXPECTED NEXT MONTH. AS BUSINESSES DEPEND ON GRADUATING COHORTS OF QUALIFIED STUDENTS FOR THE DEVELOPMENT OF ITS FUTURE WORKFORCE, SVLG AND THE BUSINESS COMMUNITY MUST BE UNITED IN OUR CONTINUED ASSERTION OF THE INTERESTS SERVED BY MAINTAINING RACIALLY AND ETHNICALLY DIVERSE COLLEGE AND UNIVERSITY CAMPUSES. 5273133 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 22 0 36 1 0 0 0 0 0 0 0 0 0 0 X 58 57 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X THE SILICON VALLEY LEADERSHIP GROUP 4085017864 2460 N FIRST ST 260 SAN JOSE CA 95131 AHMAD THOMAS CEO 40.00 X X 800000 0 10250 JED YORK CHAIR 36.00 X X 0 0 0 JAMES GUTIERREZ VICE CHAIR 36.00 X X 0 0 0 ERIC YUAN VICE CHAIR 36.00 X X 0 0 0 VICKI HUFF ECKERT TREASURER 36.00 X X 0 0 0 GREG BECKER BOARD MEMBER 12.00 X 0 0 0 BOBBY BELL BOARD MEMBER 12.00 X 0 0 0 DAWNET BEVERLEY BOARD MEMBER 12.00 X 0 0 0 DAVID CHUN BOARD MEMBER 12.00 X 0 0 0 AART DE GEUS BOARD MEMBER 12.00 X 0 0 0 VINTAGE FOSTER BOARD MEMBER 12.00 X 0 0 0 ANAMARIE FRANC BOARD MEMBER 12.00 X 0 0 0 KEN GOLDMAN BOARD MEMBER 12.00 X 0 0 0 RAQUEL GONZALEZ BOARD MEMBER 12.00 X 0 0 0 DOUG GRAHAM BOARD MEMBER 12.00 X 0 0 0 LAURA GUIO BOARD MEMBER 12.00 X 0 0 0 GARY GUTHART BOARD MEMBER 12.00 X 0 0 0 ERIC HOUSER BOARD MEMBER 12.00 X 0 0 0 MICHAEL ISIP BOARD MEMBER 12.00 X 0 0 0 RHONDA JOHNSON BOARD MEMBER 12.00 X 0 0 0 ROBERT KENNEY BOARD MEMBER 12.00 X 0 0 0 PAUL A KING BOARD MEMBER 12.00 X 0 0 0 TRAVIS KIYOTA BOARD MEMBER 12.00 X 0 0 0 IBI KRUKRUBO BOARD MEMBER 12.00 X 0 0 0 ERIC KUTCHER BOARD MEMBER 12.00 X 0 0 0 BRENT LADD BOARD MEMBER 12.00 X 0 0 0 JANET LAMKIN BOARD MEMBER 12.00 X 0 0 0 CYNTHIA LARIVE BOARD MEMBER 12.00 X 0 0 0 NICK LOVRIEN BOARD MEMBER 12.00 X 0 0 0 ALAN LOWE BOARD MEMBER 12.00 X 0 0 0 TARKAN MANER BOARD MEMBER 12.00 X 0 0 0 JUDY MINER BOARD MEMBER 12.00 X 0 0 0 RAO MULPURI BOARD MEMBER 12.00 X 0 0 0 WILLIAM NAGEL BOARD MEMBER 12.00 X 0 0 0 STACY OWEN BOARD MEMBER 12.00 X 0 0 0 JES PEDERSEN BOARD MEMBER 12.00 X 0 0 0 KIM POLESE BOARD MEMBER 12.00 X 0 0 0 RUDY REYES BOARD MEMBER 12.00 X 0 0 0 SHARON RYAN BOARD MEMBER 12.00 X 0 0 0 JEFF THOMAS BOARD MEMBER 12.00 X 0 0 0 TOM WERNER BOARD MEMBER 12.00 X 0 0 0 SIVA SIVARAM BOARD MEMBER 12.00 X 0 0 0 ALLEN NAPETIAN BOARD MEMBER 12.00 X 0 0 0 ANDREW HARRISON BOARD MEMBER 12.00 X 0 0 0 CATHERINE ZIMMERMANN BOARD MEMBER 12.00 X 0 0 0 DAVID HEARD BOARD MEMBER 12.00 X 0 0 0 JASON BLEAU BOARD MEMBER 12.00 X 0 0 0 RON LOPES BOARD MEMBER 12.00 X 0 0 0 DEAN FEALK BOARD MEMBER 12.00 X 0 0 0 IRENE CHAVEZ BOARD MEMBER 12.00 X 0 0 0 TONI VANWINKLE BOARD MEMBER 12.00 X 0 0 0 ELIZABETH VILARDO BOARD MEMBER 12.00 X 0 0 0 DR STEPHEN PEREZ BOARD MEMBER 12.00 X 0 0 0 JULIE SULLIVAN BOARD MEMBER 12.00 X 0 0 0 STEVE CONLY BOARD MEMBER 12.00 X 0 0 0 RILEY ROBBINS HIGHEST PAID EMPLOYEE 40.00 X 234768 0 9392 MICHAEL MIELKE HIGHEST PAID EMPLOYEE 40.00 X 204919 0 2000 LAURA WILKINSON HIGHEST PAID EMPLOYEE 40.00 X 233654 0 0 PETER LEROE- MUNOZ HIGHEST PAID EMPLOYEE 40.00 X 241919 0 10250 1715260 0 31892 5 0 1 0 0 278900 22400 22400 301300 MEMBERSHIP DUES 900099 2862967 2862967 MISC. SPECIAL PROJECTS 900099 773689 773689 OTHER PROJECT INCOME 900099 31216 31216 3667872 80 80 34766 278900 70725 -35959 -35959 3933293 3667872 0 -35879 X 1715260 1543734 137221 34305 2373740 2136366 189899 47475 98698 88828 7896 1974 151708 136537 12137 3034 252919 227627 20234 5058 22031 22031 735797 517355 218442 42138 42138 139370 55616 83322 432 337590 303831 27007 6752 39438 39438 2188 1862 218 108 33662 31229 1946 487 16916 15224 1692 ADVOCACY FIRM 81885 81885 SPECIAL PROJECT EXPENSE 45882 45882 OTHER EXPENSES 6678 5581 1097 BANK SERVICE CHARGES 5685 5685 357 357 6101942 5273133 729184 99625 195355 59801 1772346 446189 487178 193240 7726 2283 71948 52224 63812 19724 17500 1285036 2543917 2006273 468465 485650 322340 667500 30361 1299021 821166 2452171 X 1655751 -515898 67000 70000 1722751 -445898 2543917 2006273 -2168649 0 X 1 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 3176633 81885 -616426 -534541 476495 -1011036 67198 47474 19724 4750 4750 0 19724 DEPOSITS 43645 OPERATING LEASE RIGHT OF USE ASSET 1241391 1285036 OPERATING LEASE LIABILITIES 1288741 DUE TO FOUNDATION 10280 1299021 X PART X, LINE 2: THE GROUP EVALUATES ITS UNCERTAIN TAX POSITIONS AND WILL RECOGNIZE A LOSS CONTINGENCY WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. AS OF DECEMBER 31, 2022 MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS. SCHEDULE D PART IX AND PART X AND FORM 990 PART X THE GROUP LEASES A BUILDING FOR OPERATIONS UNDER AN OPERATING LEASE. THE DETERMINATION OF WHETHER AN ARRANGEMENT IS A LEASE IS MADE AT THE LEASE'S INCEPTION. UNDER ACCOUNTING STANDARDS CODIFICATION 842, A CONTRACT IS (OR CONTAINS) A LEASE IF IT CONVEYS THE RIGHT TO CONTROL THE USE OF AN IDENTIFIED ASSET FOR A PERIOD OF TIME IN EXCHANGE FOR CONSIDERATION. THE GROUP ADOPTED THE NEW LEASE STANDARD UTILIZING THE MODIFIED RETROSPECTIVE TRANSITION METHOD, UNDER WHICH AMOUNTS IN PRIOR PERIODS WERE NOT RESTATED. THE GROUP ELECTED TO ADOPT THIS ASU METHOD EFFECTIVE JANUARY 1, 2022, AND UTILIZED ALL OF THE AVAILABLE PRACTICAL EXPEDIENTS. THE ADOPTION HAD A MATERIAL IMPACT ON THE GROUP'S STATEMENTS OF FINANCIAL POSITION BUT DID NOT HAVE A MATERIAL IMPACT ON THE STATEMENT OF ACTIVITIES OR FUNCTIONAL EXPENSES. THE MOST SIGNIFICANT IMPACT WAS THE RECOGNITION OF ROU ASSETS AND LEASE LIABILITIES FOR OPERATING LEASES. ANNUAL LUNCH EVENT 313666 278900 34766 6000 45352 19373 313666 278900 34766 6000 45352 19373 70725 -35959 X X X 0 0 0 AHMAD THOMAS CEO 800000 0 0 0 0 0 10250 0 0 0 810250 0 0 0 PETER LEROE- MUNOZ HIGHEST PAID EMPLOYEE 241919 0 0 0 0 0 10250 0 0 0 252169 0 0 0 RILEY ROBBINS HIGHEST PAID EMPLOYEE 234768 0 0 0 0 0 9392 0 0 0 244160 0 0 0 LAURA WILKINSON HIGHEST PAID EMPLOYEE 233654 0 0 0 0 0 0 0 0 0 233654 0 0 0 MICHAEL MIELKE HIGHEST PAID EMPLOYEE 204919 0 0 0 0 0 2000 0 0 0 206919 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS 58 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS MADE BY THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CPA PREPARES AND PROVIDES A DRAFT OF THE FORM 990 TO THE ORGANIZATION'S MANAGEMENT. MANAGEMENT APPROVES THE DRAFT AND DISSEMINATES TO THE BOARD OF DIRECTORS PRIOR TO FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS AN ANNUAL PROCESS FOR THE BOARD OF DIRECTORS TO DISCLOSE ALL INTERESTS IN OTHER COMPANIES AND ORGANIZATIONS TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ADVISORY COMMITTEE OF THE BOARD REVIEWS THE CEO'S ANNUAL SALARY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 517,355. MANAGEMENT AND GENERAL EXPENSES 218,442. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 735,797. THE SILICON VALLEY LEADERSHIP GROUP FOUNDATION 2001 GATEWAY PLACE SUITE 101E SAN JOSE CA 95110 912140464 RESEARCH AND STUDY RELATED TO GENERAL PUBLIC POLICY ISSUES CA 501(C)(3) 170(B)(1)(A)(VI) N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 SILICON VALLEY LEADERSHIP GROUP FOUNDATION L 15096 FAIR VALUE SILICON VALLEY LEADERSHIP GROUP FOUNDATION N 24671 FAIR VALUE