2025-11-04T11:33:30-06:00 2024-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 180 PARK AVENUE SUITE 200 FLORHAM PARK NJ 07932 990 2024-01-01 131854667 INTERNATIONAL COUNCIL OF SHOPPING CENTERS INC INTE 6467283607 1251 AVENUE OF AMERICAS 45TH FL NEW YORK NY 10020 SEAN KRON CFO 6467283607 2025-11-17 1 1 MONIKA YADAV P01473820 9732180500 2025-10-30 2024 2025-03-06 01:10:19Z ICSC SEAN KRON 1251 AVENUE OF AMERICAS 45TH FL NEW YORK NY 10020 78921663 0 X WWW.ICSC.COM X 1957 IL PROMOTE AND IMPROVE THE CONDITIONS OF THE MARKETPLACES INDUSTRY THROUGH PROFESSIONAL EDUCATION, CONFERENCES, PUBLICATIONS, RESEARCH AND LEGISLATIVE ACTION. 79 79 127 1038 144235 0 0 0 55887973 60663003 2400793 7411812 64652 -68912 58353418 68005903 113471 28700 0 0 24412398 26737432 0 0 0 32609628 35414379 57135497 62180511 1217921 5825392 178869072 191275554 77473329 78913548 101395743 112362006 X THE PURPOSE OF ICSC IS TO SERVE ITS MEMBERS BY OFFERING AND DELIVERING PROGRAMS AND SERVICES AND ADVOCATING FOR AND PROMOTING THE MARKETPLACE INDUSTRY WITH THE GENERAL PUBLIC AND RELEVANT GOVERNMENTAL BODIES. ICSC SHALL ALSO HAVE SUCH POWERS TO DO EVERYTHING NECESSARY, SUITABLE OR PROPER, AT ANY TIME OR PLACE, FOR THE ACCOMPLISHMENT OF ANY OF THE PURPOSES ENUMERATED OR EXPEDIENT TO THE INTEREST OR BENEFIT OF ICSC AND ITS MEMBERS. 0 0 THE TWO BIGGEST ANNUAL CONVENTIONS ARE HELD IN LAS VEGAS, NEVADA IN MAY, AND NEW YORK CITY, NEW YORK IN DECEMBER. THESE CONVENTIONS PROVIDE A FORUM FOR INDUSTRY MEMBERS TO NETWORK, MAKE LEASING DEALS AND LEARN ABOUT INDUSTRY RELATED TOPICS. THERE ARE ALSO INDUSTRY RELATED EXHIBITIONS AT THESE CONVENTIONS. THERE WERE 24,331 ATTENDEES AT THE EVENT IN LAS VEGAS AND 7,808 ATTENDEES AT THE NEW YORK EVENT. IN ADDITION TO THE TWO BIGGEST ANNUAL CONVENTIONS, THERE WERE ALSO OTHER NATIONAL EVENTS HELD THROUGHOUT THE U.S. PARTICIPANTS TO THESE EVENTS ALSO GET THE OPPORTUNITY TO ATTEND INDUSTRY RELATED EXHIBITIONS AND INSTRUCTIONAL SESSIONS, ATTEND PANEL DISCUSSIONS, AS WELL AS EXCHANGE IDEAS AND EXPERIENCES WITH OTHER PARTICIPANTS. THERE WERE 3,011 ATTENDEES TO THESE OTHER NATIONAL EVENTS HELD DURING 2024. REGIONAL MEETINGS AND CONFERENCES AND LOCAL PROGRAMS PROVIDE AN OPPORTUNITY FOR LOCAL PARTICIPANTS TO ATTEND INSTRUCTIONAL LECTURES AND EXCHANGE IDEAS ON VARIOUS INDUSTRY RELATED TOPICS. THESE MEETINGS ALSO PROVIDE OPPORTUNITIES TO DISCUSS AND NEGOTIATE NEW LEASE OPPORTUNITIES. THERE WERE 30,317 ATTENDEES TO THE REGIONAL MEETINGS AND CONFERENCES AND LOCAL PROGRAM EVENTS HELD DURING 2024. WEBINARS TOPICS RELATE TO SHOPPING CENTER SITE LOCATIONS AND SELECTION, MANAGEMENT AND OPERATION, AND PROMOTION AND ADVERTISING. THERE WERE 7,165 ATTENDEES AT OUR VARIOUS WEBINARS. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 88 0 1 127 1 1 1 1 CA 0 0 0 0 1 0 X 79 79 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X SEAN KRON 6467283607 1251 AVENUE OF THE AMERICAS 45TH FL NEW YORK NY 10020 JAMES TAYLOR CHAIRMAN 1.00 X X 0 0 0 ANGELE ROBINSON-GAYLORD VICE CHAIR 1.00 X X 0 0 0 GLENN RUFRANO PAST CHAIR 1.00 X X 0 0 0 ADRIA SAVARESE BOARD MEMBER 1.00 X 0 0 0 ALEX NYHAN BOARD MEMBER 1.00 X 0 0 0 ALLISON HALLBERG BOARD MEMBER 1.00 X 0 0 0 ANDREA DRASITES BOARD MEMBER 1.00 X 0 0 0 ANJEE SOLANKI BOARD MEMBER 1.00 X 0 0 0 ANTHONY BUONO BOARD MEMBER 1.00 X 0 0 0 ARTURO SNEIDER BOARD MEMBER 1.00 X 0 0 0 BO OKOROJI BOARD MEMBER 1.00 X 0 0 0 BRIAN ROSS BOARD MEMBER 1.00 X 0 0 0 CHARLES DIGIOVANNA BOARD MEMBER 1.00 X 0 0 0 CHRIS CONLON BOARD MEMBER 1.00 X 0 0 0 CHRIS JOHNSON BOARD MEMBER 1.00 X 0 0 0 CHRIS NOBLE BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER HOFFMANN BOARD MEMBER 1.00 X 0 0 0 DAN KATZ BOARD MEMBER 1.00 X 0 0 0 DANA TELSEY BOARD MEMBER 1.00 X 0 0 0 DAVID LARCHER BOARD MEMBER 1.00 X 0 0 0 DAVID KRUEGER BOARD MEMBER 1.00 X 0 0 0 DAVID HENRY BOARD MEMBER 1.00 X 0 0 0 DAVON BARBOUR BOARD MEMBER 1.00 X 0 0 0 EMALIA TAMANIKWA BOARD MEMBER 1.00 X 0 0 0 EVE SEMBLER BOARD MEMBER 1.00 X 0 0 0 EVIE GROSS BOARD MEMBER 1.00 X 0 0 0 FERNANDO DE PENA IVER BOARD MEMBER 1.00 X 0 0 0 HESSAM NADJI BOARD MEMBER 1.00 X 0 0 0 HUNTER HART BOARD MEMBER 1.00 X 0 0 0 IVY GREANER BOARD MEMBER 1.00 X 0 0 0 JEFFREY EDISON BOARD MEMBER 1.00 X 0 0 0 JEFFREY OLSON BOARD MEMBER 1.00 X 0 0 0 JENNY CHANG MCMULLEN BOARD MEMBER 1.00 X 0 0 0 JODIE MCLEAN BOARD MEMBER 1.00 X 0 0 0 JOE BRADY BOARD MEMBER 1.00 X 0 0 0 JOHN SUAREZ BOARD MEMBER 1.00 X 0 0 0 JOHN MULLEADY BOARD MEMBER 1.00 X 0 0 0 JOHN KITE BOARD MEMBER 1.00 X 0 0 0 JONATHAN SIEGEL BOARD MEMBER 1.00 X 0 0 0 JONATHAN SCHWARTZ BOARD MEMBER 1.00 X 0 0 0 JORDAN FRIED BOARD MEMBER 1.00 X 0 0 0 JOSEPH TICHAR BOARD MEMBER 1.00 X 0 0 0 JUSTIN RODGERS BOARD MEMBER 1.00 X 0 0 0 KENTON MCKEEHAN BOARD MEMBER 1.00 X 0 0 0 LACY BEASLEY BOARD MEMBER 1.00 X 0 0 0 LAURA BARR BOARD MEMBER 1.00 X 0 0 0 LISA PALMER BOARD MEMBER 1.00 X 0 0 0 LYNEIR RICHARDSON BOARD MEMBER 1.00 X 0 0 0 MANUEL MARTIN BOARD MEMBER 1.00 X 0 0 0 MARC PANZER BOARD MEMBER 1.00 X 0 0 0 MARK TORO BOARD MEMBER 1.00 X 0 0 0 MARTIN MAYER BOARD MEMBER 1.00 X 0 0 0 MELVIN MANCE BOARD MEMBER 1.00 X 0 0 0 MICHAEL SHANAHAN BOARD MEMBER 1.00 X 0 0 0 MORGAN KONSTANTINIDIS BOARD MEMBER 1.00 X 0 0 0 NATALIE PEBBLES BOARD MEMBER 1.00 X 0 0 0 NAVEEN JAGGI BOARD MEMBER 1.00 X 0 0 0 PARHAM JAVAHERI BOARD MEMBER 1.00 X 0 0 0 PAUL HILLIARD BOARD MEMBER 1.00 X 0 0 0 REGINALD LIVINGSTON BOARD MEMBER 1.00 X 0 0 0 ROB HENSE BOARD MEMBER 1.00 X 0 0 0 ROBERT WHELAN BOARD MEMBER 1.00 X 0 0 0 ROBIN ZEIGLER BOARD MEMBER 1.00 X 0 0 0 ROSS COOPER BOARD MEMBER 1.00 X 0 0 0 RYAN O'SULLIVAN BOARD MEMBER 1.00 X 0 0 0 SALVATORE IACONO BOARD MEMBER 1.00 X 0 0 0 SCOTT MCPHERSON BOARD MEMBER 1.00 X 0 0 0 SCOTT SCHNUCKEL BOARD MEMBER 1.00 X 0 0 0 SHANNON LETTS BOARD MEMBER 1.00 X 0 0 0 STEPHEN YALOF BOARD MEMBER 1.00 X 0 0 0 STEVE COGAN BOARD MEMBER 1.00 X 0 0 0 STEVE ROUMAN BOARD MEMBER 1.00 X 0 0 0 TABASSUM ZALOTRAWALA BOARD MEMBER 1.00 X 0 0 0 TERRENCE MAIDEN BOARD MEMBER 1.00 X 0 0 0 THEODORE FRUMKIN BOARD MEMBER 1.00 X 0 0 0 THOMAS BOLEN III BOARD MEMBER 1.00 X 0 0 0 WENDY SEHER BOARD MEMBER 1.00 X 0 0 0 WHITNEY LIVINGSTON BOARD MEMBER 1.00 X 0 0 0 ZACH MINTEER BOARD MEMBER 1.00 X 0 0 0 THOMAS MCGEE PRESIDENT & CEO 35.00 1.00 X 2851056 0 834453 LESLEY CAMPBELL SR. VP & GENERAL COUNSEL 35.00 1.00 X 422895 0 55892 SEAN KRON CFO, TREASURER 35.00 1.00 X 496215 0 58751 VALERIE RICHARDSON CHIEF OPERATING OFFICER 35.00 X 1177509 0 36267 KRISTIN LOGSDON SR. VP, COMM, MARKETING, PUB 35.00 X 514019 0 56759 BETSY LAIRD SR. VP, GLOBAL PUBLIC POLICY 35.00 X 519454 0 58777 MALACHY KAVANAGH EVP, GLOBAL & CORP DEVELOPMENT 35.00 X 526643 0 58777 BONNIE ARCHAMPONG CHIEF INFORMATION OFFICER & SR VP 35.00 X 461835 0 35645 6969626 0 1195321 65 0 1 0 MARXPRO LTD 4151 W LINDBERGH WAY CHANDLER AZ 85226 EVENT & PRODUCTION 1172037 GLOBAL EXPERIENCE SPECIALISTS 2023 KULLER ROAD 100 CLIFTON NJ 07011 EVENT & PRODUCTIONS 883675 VISIONET SYSTEMS 4 CEDARBROOK DRIVE BUILDING B CRANBURY NJ 08512 IT CONSULTING SERVICES 843657 MWW GROUP 1 MEADOWLANDS PLAZA 6TH FLOOR EAST RUTHERFORD NJ 07073 PR CONSULTING SERVICES 531996 FOSTER MADE 404 EAST GRACE STREET RICHMOND VA 23219 IT CONSULTING SERVICES 446788 24 CONVENTIONS 900099 52249768 52249768 MEMBERSHIP DUES 900099 8413235 8413235 60663003 3592581 3592581 2537 2537 14734991 10915760 3819231 3819231 3819231 ADVERTISING AND PUBLICATIONS 320947 146731 2496 144235 FOREIGN CURRENCY EXCHANGE GAIN/LO 900099 -282191 -282191 64011 64011 -71449 68005903 60665499 144235 7196169 28700 4719262 17360883 1259222 2161280 1236785 151797 362625 1189328 348739 5986902 723836 543029 1084571 6349 3983479 1120193 2950242 2320337 847115 FOOD/BEVERAGE 5407873 VENUE EXPENSE 2681677 ON-SITE PROGRAM EXPENSE 2401741 CREDIT CARD FEES 1692240 1612306 62180511 13469720 4621485 14245192 2362569 1331973 2689522 2457284 23680907 15671149 9726135 8009758 108835938 123606053 10927874 8511428 30857314 28492381 178869072 191275554 6296819 6157575 6458788 7283600 64717722 65472373 77473329 78913548 X 101395743 112362006 101395743 112362006 178869072 191275554 X 5825392 4304792 836079 X 0 1 X 1 0 0 0 1 8413235 1110683 2260803 3371486 3365294 6192 SCHEDULE C, PART III-B, LINE 4: LOBBYING COSTS INCREASED FROM $902,299 IN 2023 TO $1,110,683 IN 2024. COMPARED TO DUES, ASSESSMENTS AND SIMILAR AMOUNTS FROM MEMBERS IN 2024 AND 2023 ($8,413,235 AND $7,771,835, RESPECTIVELY), THE LOBBYING COSTS PERCENTAGE RATIO INCREASED TO 13% IN 2024 FROM 12% IN 2023. 8354864 2912086 5442778 11934963 9713313 2221650 3391080 3045750 345330 8009758 RIGHT OF USE ASSET 28342768 ADVANCES/DEPOSITS 149613 28492381 RIGHT OF USE LIABILITY 36690159 EMPLOYEE RETIREMENT OBLIGATION 12628825 DUE TO AFFILIATES 81703 ADVANCE REGISTRATIONS AND SUBSCRIPTIONS 16071686 65472373 X PART X, LINE 2: MANAGEMENT HAS EVALUATED ICSC'S TAX POSITIONS AND HAS CONCLUDED THAT ICSC HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. ICSC IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS.ICSC BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO THE CALENDAR YEAR END DECEMBER 31, 2022. NORTH AMERICA 0 2 PROGRAM SERVICES CONFERENCES AND SEMINARS 1181186 0 2 0 0 0 2 1181186 0 1181186 0 0 0 0 0 0 PART I, LINE 3: AMOUNTS REPORTED IN PART I, LINE 3 WERE DETERMINED USING THE ACCRUAL METHOD OF ACCOUNTING. 1 CONGRESSIONAL HISPANIC CAUCUS INSTITUTE INC 1128 16TH STREET NW WASHINGTON DC 20036 521114225 501(C)(3) 25000 0 SUPPORT 1 PART I, LINE 2: NO MONITORING WAS CONDUCTED AFTER PAYMENTS WERE MADE. X X X 1 1 X X X X X X 0 0 0 THOMAS MCGEE PRESIDENT & CEO 1196154 0 1650000 0 4902 0 789208 0 45245 0 3685509 0 0 0 VALERIE RICHARDSON CHIEF OPERATING OFFICER 753031 0 410000 0 14478 0 20700 0 15567 0 1213776 0 0 0 MALACHY KAVANAGH EVP, GLOBAL & CORP DEVELOPMENT 419119 0 100000 0 7524 0 20700 0 38077 0 585420 0 0 0 BETSY LAIRD SR. VP, GLOBAL PUBLIC POLICY 415243 0 90000 0 14211 0 20700 0 38077 0 578231 0 0 0 KRISTIN LOGSDON SR. VP, COMM, MARKETING, PUB 416397 0 95000 0 2622 0 20700 0 36059 0 570778 0 0 0 SEAN KRON CFO, TREASURER 398593 0 95000 0 2622 0 20700 0 38051 0 554966 0 0 0 BONNIE ARCHAMPONG CHIEF INFORMATION OFFICER & SR VP 360695 0 100000 0 1140 0 20700 0 14945 0 497480 0 0 0 LESLEY CAMPBELL SR. VP & GENERAL COUNSEL 341755 0 80000 0 1140 0 19715 0 36177 0 478787 0 0 0 PART I, LINE 1A THE ORGANIZATION PAYS SOCIAL CLUB DUES FOR THE CEO, THIS IS INCLUDED IN COMPENSATION. THE ORGANIZATION PAYS FIRST CLASS OR CHARTER TRAVEL AND TRAVEL FOR COMPANIONS FOR THE CEO, THIS IS NOT INCLUDED IN COMPENSATION. FORM 990, PART VI, SECTION A, LINE 2 ICSC'S BOARD IS COMPRISED OF REAL ESTATE INDUSTRY PROFESSIONALS AND IT IS ASSUMED THAT DIRECTORS MAY HAVE BUSINESS RELATIONSHIPS WITH OTHER DIRECTORS. THEY ARE REQUIRED TO DISCLOSE THESE RELATIONSHIPS IF THEY ARE A CONFLICT OF INTEREST IN RELATION TO SERVING ON THE ICSC BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A MEMBER ORGANIZATION OF THOSE INTERESTED IN THE RETAIL REAL ESTATE INDUSTRY. FORM 990, PART VI, SECTION A, LINE 7A THE PROCESS FOR NOMINATING AND APPOINTING THE INTERNATIONAL COUNCIL OF SHOPPING CENTER'S BOARD OF TRUSTEES IS ENUMERATED IN THE ORGANIZATION'S BYLAWS. NOMINEES TO THE BOARD ARE SELECTED BY A NOMINATING COMMITTEE OF THE BOARD OF TRUSTEES. THOSE NOMINEES ARE THEN REVIEWED AND ULTIMATELY ELECTED BY THE DELEGATE MEMBERS OF REGULAR COMPANY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S TAX PREPARER PROVIDES THE ORGANIZATION WITH A DRAFT OF THE FORM 990. THE FORM IS REVIEWED BY THE PRESIDENT, GENERAL COUNSEL AND CHIEF FINANCIAL OFFICER AND SUBSEQUENTLY REVIEWED WITH THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE OF ICSC IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT AND POSITION WITH ICSC. ICSC MONITORS COMPLIANCE WITH ITS CONFLICT-OF-INTEREST POLICY TROUGH AN ANNUAL QUESTIONNAIRE SUBMITTED TO THESE INDIVIDUALS. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 ICSC'S EXECUTIVE COMPENSATION COMMITTEE DETERMINES AND RECOMMENDS THE CEO'S COMPENSATION TO ICSC'S EXECUTIVE BOARD FOR APPROVAL. COMPENSATION IS DETERMINED IN ACCORDANCE WITH THE APPROVED CEO EMPLOYMENT CONTRACT AND CONSIDERS PERFORMANCE TO GOALS AS WELL AS COMPARABILITY DATA. THERE IS CONTEMPORANEOUS DOCUMENTATION OF THE COMMITTEE'S DELIBERATIONS. ICSC'S PRESIDENT AND CEO ESTABLISHES THE ANNUAL COMPENSATION OF THE OTHER OFFICERS OF THE ORGANIZATION AND CONSIDERS PERFORMANCE RELATIVE TO GOALS AS WELL AS COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ORGANIZATION WILL MAKE AVAILABLE ONLY THOSE DOCUMENTS REQUIRED TO BE DISCLOSED UNDER THE PUBLIC INSPECTION LAWS. FORM 990, PART XI, LINE 9: POSTRETIREMENT BENEFIT CHANGES 836,079. INT'L COUNCIL OF SHOPPING CTRS FDN INC 1251 AVENUE OF AMERICAS 45TH FL NEW YORK NY 10020 133525440 EDUCATION NY 501(C)(3) 12 TYPE I ICSC 1 ICSC FOUNDATION CANADA 1251 AVENUE OF AMERICAS 45TH FL NEW YORK NY 10020 EDUCATION CA ICSC 1 INT'L COUNCIL OF SHOPPING CTRS PAC 1251 AVENUE OF AMERICAS 45TH FL NEW YORK NY 10020 133588529 PAC NY 527 ICSC 1 INT'L COUNCIL OF SHOPPING CTRS NON FED PAC 1251 AVENUE OF AMERICAS 45TH FL NEW YORK NY 10020 263851886 PAC NY 527 ICSC 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 INTERNATIONAL COUNCIL OF SHOPPING CTRS FOUNDATION N 1108940 SHARED SERVICES INTERNATIONAL COUNCIL OF SHOPPING CTRS FOUNDATION O 1323848 COST