Form 990 for tax year 2022

Filed by COUNCIL OF GREAT LAKES GOVERNORS INC.

Totals

Total revenue: $3,676,575
Total expenses: $3,620,887
Contributions and grants received: $1,270,479
Grants paid: $0
Program service revenue: $2,336,046
Investment income: $70,050
Other revenue: $0
Total assets, end of year: $4,028,736
Total liabilities, end of year: $2,024,218
Net assets or fund balances, end of year: $2,004,518
Program services expenses (Part IX): $2,838,524
Management and general expenses: $761,961
Fundraising expenses: $20,402
Program service expenses (Part III): $2,838,524

Program services were 78.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1e · Government grants (contributions)

$909,921
1f · All other contributions, gifts and grants

$360,558
2a · Program service revenue: ECONOMIC DEVELOPMENT

total $2,244,296 · related or exempt $2,244,296
2b · Program service revenue: ENVIRONMENTAL PROTECTI

total $91,750 · related or exempt $91,750
3 · Investment income

total $70,050 · excluded $70,050

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $196,528 · program services $115,833 · management and general $76,238 · fundraising $4,457
7 · Other salaries and wages

total $410,075 · program services $241,697 · management and general $159,078 · fundraising $9,300
8 · Pension plan contributions

total $60,660 · program services $13,514 · management and general $45,682 · fundraising $1,464
9 · Other employee benefits

total $153,376 · program services $34,170 · management and general $115,504 · fundraising $3,702
10 · Payroll taxes

total $46,612 · program services $10,384 · management and general $35,103 · fundraising $1,125
11c · Fees: accounting

total $74,618 · program services $40,500 · management and general $34,118
11g · Fees: other

total $2,353,898 · program services $2,192,025 · management and general $161,873
12 · Advertising and promotion

total $7,138 · program services $7,138
13 · Office expenses

total $16,380 · program services $2,068 · management and general $13,958 · fundraising $354
14 · Information technology

total $43,638 · program services $30,427 · management and general $13,211
16 · Occupancy

total $420 · management and general $420
17 · Travel

total $137,715 · program services $107,395 · management and general $30,320
19 · Conferences, conventions and meetings

total $69,370 · program services $38,080 · management and general $31,290
23 · Insurance

total $20,532 · management and general $20,532
24a · Other expenses: CONSUMER SHOWS AND PROM

total $8,595 · program services $4,480 · management and general $4,115 · fundraising $0
24b · Other expenses: MEMBERSHIPS

total $1,395 · program services $579 · management and general $816 · fundraising $0
24e · All other expenses

total $19,937 · program services $234 · management and general $19,703

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $192,836 · end of year $193,617
2 · Savings and temporary cash investments

beginning of year $3,147,061 · end of year $3,205,138
3 · Pledges and grants receivable

beginning of year $37,100 · end of year $25,756
4 · Accounts receivable

beginning of year $389,836 · end of year $258,063
9 · Prepaid expenses and deferred charges

beginning of year $260,234 · end of year $316,736
10a · Land, buildings and equipment: cost or other basis

$34,335
10b · Land, buildings and equipment: accumulated depreciation

$34,335
10c · Land, buildings and equipment, net

beginning of year $0 · end of year $0
11 · Investments: publicly traded securities

beginning of year $25,915 · end of year $29,426
17 · Accounts payable and accrued expenses

beginning of year $394,820 · end of year $359,829
19 · Deferred revenue

beginning of year $952,854 · end of year $864,755
21 · Escrow or custodial account liability

beginning of year $759,989 · end of year $799,634
27 · Net assets without donor restrictions

beginning of year $1,845,319 · end of year $1,854,518
28 · Net assets with donor restrictions

beginning of year $100,000 · end of year $150,000

Mission and programs · 2022

Mission

THE COUNCIL IS DEVOTED TO WORKING COOPERATIVELY ON PUBLIC POLICY ISSUES COMMON TO MEMBER STATES. THE BENEFITS OF A REGIONAL APPROACH TO ADDRESSING THE VARIOUS CHALLENGES OF THE GREAT LAKES STATES IS EMPHASIZED.

ECONOMIC DEVELOPMENTTHE GOVERNORS AND PREMIERS COLLABORATE THROUGH THE COUNCIL IN A VARIETY OF WAYS TO PROMOTE ECONOMIC GROWTH AND JOB CREATION. AMONG THE COUNCIL'S MAJOR INITIATIVES ARE:INTERNATIONAL TRADE PROMOTION - THE COUNCIL OVERSEES SHARED TRADE OFFICES IN MULTIPLE FOREIGN COUNTRIES AND REGIONS - AUSTRALIA, BRAZIL, CANADA, CHILE, CHINA, GERMANY, INDIA, MEXICO, SOUTH EAST ASIA, SOUTH AFRICA, SOUTH KOREA, UNITED ARAB EMIRATES, JAPAN, AND UNITED KINGDOM. THEIR MISSION IS TO ASSIST SMALL TO MID-SIZE COMPANIES IN THE PARTICIPATING MEMBER STATES IN EXPORTING THEIR GOODS AND SERVICES TO THESE VITAL AND EMERGING MARKETS. IN ADDITION, EACH YEAR, THE COUNCIL ORGANIZES MULTI-STATE/PROVINCIAL TRADE MISSIONS TO ASSIST SMALL TO MEDIUM SIZED COMPANIES FROM THE REGION TO EXPORT THEIR PRODUCTS AND SERVICES.TOURISM - THE GREAT LAKES USA (GLUSA) CONDUCTS INTERNATIONAL MARKETING AND SALES FOR ITS PARTICIPATING MEMBER STATES IN CHINA, THE UNITED KINGDOM/IRELAND AND THE GERMAN-SPEAKING COUNTRIES OF GERMANY, AUSTRIA, AND SWITZERLAND. SEPARATELY, CRUISE THE GREAT LAKES MARKETS THE REGION TO POTENTIAL CRUISE PASSENGERS.MARITIME TRANSPORTATION - THE COUNCIL IS WORKING TO HELP REJUVENATE THIS CRITICAL COMPONENT OF THE REGIONAL TRANSPORTATION NETWORK, AN IMPORTANT STEP TOWARD IMPROVING THE REGION'S ECONOMIC COMPETITIVENESS.GREAT LAKES IMPACT INVESTMENT PLATFORM - THE COUNCIL, IN COLLABORATION WITH A MULTIDISCIPLINARY PROJECT TEAM, DEVELOPED THE GREAT LAKES IMPACT INVESTMENT PLATFORM AS A NEW STRUCTURE TO ENCOURAGE ENVIRONMENTALLY SUSTAINABLE ECONOMIC GROWTH IN THE GREAT LAKES STATES AND PROVINCES. THE PLATFORM FEATURES PROJECTS INTENDED TO DELIVER DEMONSTRABLE IMPACT AND REVITALIZE THE REGION'S WATERS, WHILE ALSO AIMED TO GENERATE COMPETITIVE, MARKET-BASED FINANCIAL RETURNS.

Expenses $2,255,709 · Revenue $2,244,296
ENVIRONMENTAL PROTECTIONTHE GOVERNORS AND PREMIERS COLLABORATE THROUGH THE COUNCIL IN A VARIETY OF WAYS TO PROMOTE ENVIRONMENTAL PROTECTION. AMONG THE COUNCIL'S MAJOR INITIATIVES ARE:PROTECTION AND RESTORATION - THROUGH THE COUNCIL, THE GREAT LAKES GOVERNORS HAVE ESTABLISHED A LIST OF NINE PRIORITIES TO GUIDE THE RESTORATION AND PROTECTION OF THE LARGEST SINGLE SOURCE OF FRESH WATER IN THE WORLD, THE GREAT LAKES. THE PRIORITIES RANGE FROM EFFECTIVE WATER MANAGEMENT TO PROTECTING THE GREAT LAKES FROM NON-NATIVE, HARMFUL WATER SPECIES AND CONTROLLING POLLUTION. THE COUNCIL COORDINATES A PROGRAM TO ACHIEVE THESE PRIORITIES. WATER MANAGEMENT - THROUGH THE GREAT LAKES - ST. LAWRENCE RIVER WATER RESOURCES REGIONAL BODY AND COMPACT COUNCIL, THE REGION'S GOVERNORS AND PREMIERS COOPERATIVELY MANAGE 20% OF THE WORLD'S SURFACE FRESH WATER. THE REGIONAL BODY AND COMPACT COUNCIL'S AWARD-WINNING WORK PROTECTS THE LARGEST FRESHWATER BODY ON EARTH, WHICH PROVIDES DRINKING WATER TO OVER 40 MILLION PEOPLE. THE COUNCIL SERVES AS THE SECRETARIAT TO BOTH ORGANIZATIONS. AQUATIC INVASIVE SPECIES - THE COUNCIL COORDINATES THE GOVERNORS AND PREMIERS' REGIONAL WORK TO STOP THE FURTHER INTRODUCTION AND SPREAD OF AQUATIC INVASIVE SPECIES (AIS) INTO THE GREAT LAKES - ONE OF THE GOVERNORS' NINE PRIORITIES FOR GREAT LAKES RESTORATION AND PROTECTION. ADVOCACY, COORDINATION, AND THE IDENTIFICATION OF BEST PRACTICES HAVE HELPED COMBAT AIS SUCH AS THE ASIAN CARP.

Expenses $582,815 · Revenue $91,750

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Governor Tony EversGOVERNOR TONY EVERS

CHAIR

Total calculated

$0

Hours/week

1
Governor Mike DewineGOVERNOR MIKE DEWINE

VICE CHAIR

Total calculated

$0

Hours/week

1
Governor Kathy HochulGOVERNOR KATHY HOCHUL

DIRECTOR

Total calculated

$0

Hours/week

1
Premier Doug FordPREMIER DOUG FORD

DIRECTOR

Total calculated

$0

Hours/week

1
Governor Eric HolcombGOVERNOR ERIC HOLCOMB

DIRECTOR

Total calculated

$0

Hours/week

1
Premier Francois LegaultPREMIER FRANCOIS LEGAULT

DIRECTOR

Total calculated

$0

Hours/week

1
Governor Jb PritzkerGOVERNOR JB PRITZKER

DIRECTOR

Total calculated

$0

Hours/week

1
Governor Tim WalzGOVERNOR TIM WALZ

DIRECTOR

Total calculated

$0

Hours/week

1
Governor Gretchen WhitmerGOVERNOR GRETCHEN WHITMER

DIRECTOR

Total calculated

$0

Hours/week

1
Governor Tom WolfGOVERNOR TOM WOLF

DIRECTOR

Total calculated

$0

Hours/week

1
David C NaftzgerDAVID C NAFTZGER

EXECUTIVE DIRECTOR

Total calculated

$196,528

From this org

$196,528

From related orgs

$0

Other

$0

Hours/week

40

Schedule J breakdown matched by us

Base

$196,528

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$0

Filer's total

$196,528
Peter JohnsonPETER JOHNSON

DEPUTY DIRECTOR

Total calculated

$138,446

From this org

$138,446

From related orgs

$0

Other

$0

Hours/week

40
Zoe L MunroZOE L MUNRO

PROGRAM DIRECTOR

Total calculated

$119,956

From this org

$119,956

From related orgs

$0

Other

$0

Hours/week

40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Approval by the board or compensation committee
7 · Other non-fixed payments

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7: THE EXECUTIVE DIRECTOR AND THE DEPUTY DIRECTOR ARE ELIGIBLE FOR AN INCENTIVE EQUAL TO 5% OF THE CORPORATE SPONSORSHIPS ENLISTED TO COVER EXPENSES ASSOCIATED WITH THE ANNUAL MEETING. THE INCENTIVE IS CAPPED, NOT TO EXCEED $25,000 IN TOTAL.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 14 May 2024
IRS schema version: 2022v5.0
Source object: 202401359349308805

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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