2024-11-14T11:23:06+00:00 2023-12-31 350921680 CROWE LLP 55 Campau Avenue NW Suite 500 Grand Rapids MI 495032609 990 2023-01-01 471590003 Global Compact Network USA Inc GLOB 9292158815 685 Third Avenue Twelfth Floor New York NY 100178409 Richard W Pearl Acting Executive Director 9292158815 2024-11-14 true Nicole Oeltjen P01590953 6167740774 2024-11-14 2023 2024-10-15 13:58:12Z Richard W Pearl 685 Third Avenue Twelfth Floor New York NY 100178409 2952380 false X WWW.GLOBALCOMPACTUSA.ORG X 2014 DE GLOBAL COMPACT NETWORK USA IS A FORUM TO BRING U.S. BASED SIGNATORY COMPANIES OF THE UNITED NATIONS GLOBAL COMPACT TOGETHER WITH STAKEHOLDERS TO ADVANCE THE TEN UNGC PRINCIPLES. 12 12 14 12 0 0 1736066 2434819 0 6602 45910 8995 1742668 2489724 0 0 688404 1277997 0 418592 880496 1391576 1568900 2669573 173768 -179849 3005921 3402601 854132 1325252 2151789 2077349 THE GLOBAL COMPACT NETWORK USA IS A FORUM DESIGNED TO BRING US-BASED COMPANIES AND US-BASED UNITS OF FOREIGN COMPANIES THAT ARE SIGNATORIES TO THE UNITED NATIONS GLOBAL COMPACT TOGETHER WITH STAKEHOLDERS FROM THE PUBLIC SECTOR, CIVIL SOCIETY, LABOR, ACADEMIA, AND OTHER SPHERES IN ORDER TO ADVANCE THE PRINCIPLES OF THE UNITED NATIONS GLOBAL COMPACT. false false 1745838 0 8995 Global Compact Network USA organized virtual and in-person events convening corporate sustainability leaders, civil society organizations, and United Nations representatives. These multi-stakeholder forums promoted awareness and the sharing of best practices related to the UN Global Compact's Ten Principles, the United Nations Sustainable Development goals, and topics such as gender equality and climate action. 1745838 true true false false false false false false false false false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 1 0 true 14 true false false false false false false false false false false false false X 12 12 false false true false false false false true false false false true true true true false false false false false NY X Global Compact Network USA Inc 9292158815 685 Third Avenue Twelfth Floor New York NY 10017 ANN TRACY DIRECTOR; SECRETARY 1.5 X X 0 0 0 DANIELLA FOSTER DIRECTOR; CHAIR 1.5 X X 0 0 0 GAYLE SCHUELLER DIRECTOR, VICE CHAIR 1.5 X X 0 0 0 SHOBHA MEERA DIRECTOR; TREASURER 1.5 X X 0 0 0 BRAIN TIPPENS DIRECTOR 1.5 X 0 0 0 EUNICE HEATH DIRECTOR 1.5 X 0 0 0 GAVIN POWER DIRECTOR (AS OF MARCH 2023) 1.5 X 0 0 0 GULY SABAHI DIRECTOR (AS OF MARCH 2023) 1.5 X 0 0 0 JENNIFER LEITSCH DIRECTOR 1.5 X 0 0 0 KRISTEN SIEMEN DIRECTOR (AS OF MARCH 2023) 1.5 X 0 0 0 MICHAEL OKOROAFOR DIRECTOR 1.5 X 0 0 0 PAUL FRANCISCO DIRECTOR (AS OF MARCH 2023) 1.5 X 0 0 0 ADAM ROY GORDON EXECUTIVE DIRECTOR 40.0 X 246965 0 70362 CLAUDIA HERBERT COLFER HEAD OF PROGRAMMING 40.0 X 118614 0 45423 David Fiss Head of Engagement (THROUGH SEPT 2023) 40.0 X 117917 0 6233 Richard W Pearl Former Officer; Senior Advisor 20.0 X 195000 0 0 678496 0 122018 4 true true false 1 2434819 2434819 0 0 0 0 0 36315 36315 0 0 472251 462656 9595 0 9595 9595 Other revenue 900099 8995 8995 0 0 0 0 8995 2489724 8995 0 45910 X 317327 160880 74720 81727 693725 351707 163350 178668 191272 97549 45905 47818 75673 38593 18162 18918 53825 53825 10645 10645 487203 416853 70350 0 74034 74034 279576 159758 49924 69894 27504 15717 4911 6876 37744 21568 6740 9436 396746 396746 4231 966 3027 238 Dues & Subscriptions 20068 11467 3584 5017 0 0 0 0 2669573 1745838 505143 418592 963812 1295060 592533 502871 0 0 0 0 0 0 45414 48558 0 0 0 0 1404162 1556112 0 0 0 0 3005921 3402601 70439 219704 0 0 783693 1105548 854132 1325252 X 2151789 2077349 2151789 2077349 3005921 3402601 -179849 105409 0 X false true X true false X 866222 1008343 1852934 1736048 2434819 7898366 0 0 0 0 0 0 0 0 0 0 0 0 866222 1008343 1852934 1736048 2434819 7898366 0 7898366 0 0 0 6451 36315 42766 0 0 0 0 0 0 0 0 0 0 8995 8995 7950127 0 0.9935 0.9989 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER REVENUE, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 8995.0, COLUMN F - 8995.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Income Share Due Foundation for the Global Compact 1105548 1105548 X 2584488 105409 0 105409 2479079 10645 0 10645 2489724 2658928 0 0 2658928 10645 0 10645 2669573 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Network is a not-for-profit corporation and has been recognized by the Internal Revenue Service to be exempt from income taxes under 501(c)(3) of the Internal Revenue Code. GAAP prescribes recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Tax benefits or liabilities will be recognized only if the tax position would "more-likely-than-not" be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit or liability that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit or liability will be recorded. Management has concluded that they are unaware of any tax benefits or liabilities to be recognized at December 31, 2022 and does not expect this to change in the next 12 months. The Network would recognize interest and penalties related to uncertain tax positions in interest and income tax expense, respectively. The Network does not have amounts accrued for interest or penalties as of December 31, 2023 and 2022. X X X true false false false false false false true false Richard W Pearl Former Officer; Senior Advisor 195000 0 0 0 0 0 0 0 0 0 195000 0 0 0 ADAM ROY GORDON EXECUTIVE DIRECTOR 221965 0 25000 0 0 0 18280 0 52082 0 317327 0 0 0 CLAUDIA HERBERT COLFER HEAD OF PROGRAMMING 107414 0 11200 0 0 0 8960 0 36463 0 164037 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment David Fiss received severance payments of $35,000 during 2023. These payments are taxable to the individual. Schedule J, Part I, Line 7 Non-fixed payments Bonuses for all employees are awarded and approved at the discretion of the board based on the employee's individual performance. Form 990, Part VI, Line 13 WHISTLEBLOWER POLICY DUE TO THE ORGANIZATION'S SIZE, MANAGEMENT DOES NOT BELIEVE THAT IT IS NECESSARY TO HAVE A WRITTEN WHISTLEBLOWER POLICY. Form 990, Part VI, Line 14 DOCUMENT RETENTION AND DESTRUCTION POLICY DUE TO THE ORGANIZATION'S SIZE, MANAGEMENT DOES NOT BELIEVE THAT IT IS NECESSARY TO HAVE A DOCUMENT RETENTION AND DESTRUCTION POLICY IN PLACE. Form 990, Part VI, Line 15 PROCESS FOR DETERMINING COMPENSATION An executive search firm was contracted to conduct a search for the organization's executive director hired in late 2022 and left employment in early 2023. The firm's work included a market place compensation review and recommendations to the board. The board reviewed and approved the compensation for the new executive director, based on the search firm compensation work for the former executive director. The organization does not compensate any other officers or key employees. Form 990, Part VI, Line 4 Significant changes to organizational documents Bylaws Revision September 2023 Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body The organization has no committees with authority to act on behalf of the governing body. As such, Line 8b is not applicable and has been checked no, in accordance with the instructions. Form 990, Part VI, Line 11b Review of form 990 by governing body The form 990 will be sent to the board chair and treasurer for approval and for the board chair's signature. A copy of the completed 990 will be sent to the rest of the board members for review prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy GLOBAL COMPACT NETWORK USA HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES ALL DIRECTORS, AS WELL AS OTHER INTERESTED PERSONS, TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST WITH THE ORGANIZATION THROUGH A QUESTIONNAIRE. THESE QUESTIONNAIRES ARE MONITORED ANNUALLY, AND POTENTIAL CONFLICTS ARE IMMEDIATELY ADDRESSED BY THE ORGANIZATION. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy, and financial statements are available to the public upon request. The Bylaws and annual audit report is available at www.globalcompactusa.org Form 990, Part IX, Line 11g Other Fees Professional Fees - Total Expense: 487203, Program Service Expense: 416853, Management and General Expenses: 70350, Fundraising Expenses: 0;