INTERNATIONAL COUNCIL OF SHOPPING CENTERS INC

EIN: 131854667

NEW YORK, NY

Total Revenue
$58,353,418
Total Expenses
$57,135,497
Total Assets
$178,869,072
Net Assets
$101,395,743
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
IL
Principal Officer
SEAN KRON
Phone
6467283607
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL COUNCIL OF SHOPPING CENTERS INC, founded in 1957, is a mid-sized nonprofit that reported $58.4M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

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.

Program Service Accomplishments

Program 1

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...

Read more

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 24,130 ATTENDEES AT THE EVENT IN LAS VEGAS AND 7,424 ATTENDEES AT THE NEW YORK EVENT.

Program 2

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...

Read more

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 2,516 ATTENDEES TO THESE OTHER NATIONAL EVENTS HELD DURING 2023.

Program 3

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...

Read more

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 30,160 ATTENDEES TO THE REGIONAL MEETINGS AND CONFERENCES AND LOCAL PROGRAM EVENTS HELD DURING 2023.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $55,887,973
Investment Income $2,400,793
Other Revenue $64,652
TOTAL REVENUE $58,353,418

Expense Breakdown

Grants Paid $113,471
Salaries & Benefits $24,412,398
Fundraising Expenses $0
Other Expenses $32,609,628
TOTAL EXPENSES $57,135,497

Year-over-Year Comparison

2023 2022 Change
Revenue $58,353,418 $50,346,312 +0.2%
Expenses $57,135,497 $54,202,782 +0.1%
Net Income $1,217,921 $-3,856,470 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
68
Independent Members
68
Employees
118
Volunteers
1187

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$4,573,863
Total Directors
68
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLENN RUFRANO CHAIRMAN 1.00
Officer Director
$0 $0 $0
JAMES TAYLOR VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOHN MORRISON PAST CHAIRMAN 1.00
Officer Director
$0 $0 $0
ALEX NYHAN BOARD MEMBER 1.00
Director
$0 $0 $0
ALISON HALLBERG BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREA DRASITES BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELE ROBINSON-GAYLORD BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY BUONO BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN ROSS BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES DIGIOVANNA BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS NOBLE BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER HOFFMANN BOARD MEMBER 1.00
Director
$0 $0 $0
CLAUDE SIROIS BOARD MEMBER 1.00
Director
$0 $0 $0
CONOR FLYNN BOARD MEMBER 1.00
Director
$0 $0 $0
DANA TELSEY BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID KRUEGER BOARD MEMBER 1.00
Director
$0 $0 $0
DAVON BARBOUR BOARD MEMBER 1.00
Director
$0 $0 $0
EVE SEMBLER BOARD MEMBER 1.00
Director
$0 $0 $0
FERNANDO DE PEA IVER BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE DRUMMEY BOARD MEMBER 1.00
Director
$0 $0 $0
HESSAM NADJI BOARD MEMBER 1.00
Director
$0 $0 $0
IVY GREANER BOARD MEMBER 1.00
Director
$0 $0 $0
JAAP TONCKENS BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY EDISON BOARD MEMBER 1.00
Director
$0 $0 $0
JENNY CHANG MCMULLEN BOARD MEMBER 1.00
Director
$0 $0 $0
JODIE MCLEAN BOARD MEMBER 1.00
Director
$0 $0 $0
JOE BRADY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN DOLSON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN KITE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MULLEADY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN JP SUAREZ BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN SIEGEL BOARD MEMBER 1.00
Director
$0 $0 $0
JORDAN FRIED BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH TICHAR BOARD MEMBER 1.00
Director
$0 $0 $0
JOSHUA SIMON BOARD MEMBER 1.00
Director
$0 $0 $0
KENTON MCKEEHAN BOARD MEMBER 1.00
Director
$0 $0 $0
LACY BEASLEY BOARD MEMBER 1.00
Director
$0 $0 $0
LAURIE MAHOWALD BOARD MEMBER 1.00
Director
$0 $0 $0
MANUEL MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
MARK SCHURGIN BOARD MEMBER 1.00
Director
$0 $0 $0
MARK MCDONALD BOARD MEMBER 1.00
Director
$0 $0 $0
MARK TORO BOARD MEMBER 1.00
Director
$0 $0 $0
MARTIN MAYER BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW RYAN BOARD MEMBER 1.00
Director
$0 $0 $0
MELVIN MANCE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MIKE SHANAHAN BOARD MEMBER 1.00
Director
$0 $0 $0
NICK HODGE BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE SHIMAN BOARD MEMBER 1.00
Director
$0 $0 $0
PARHAM PJ JAVAHERI BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL HILLIARD BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT BOB WHELAN BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN ZEIGLER BOARD MEMBER 1.00
Director
$0 $0 $0
SALVATORE IACONO BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT EISEN BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT MCPHERSON BOARD MEMBER 1.00
Director
$0 $0 $0
SHANNON LETTS BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN YALOF BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE COGAN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE ROUMAN BOARD MEMBER 1.00
Director
$0 $0 $0
TABASSUM ZALOTRAWALA BOARD MEMBER 1.00
Director
$0 $0 $0
TERRENCE MAIDEN BOARD MEMBER 1.00
Director
$0 $0 $0
THEODORE TED FRUMKIN BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS BOLEN III BOARD MEMBER 1.00
Director
$0 $0 $0
WENDY SEHER BOARD MEMBER 1.00
Director
$0 $0 $0
WHITNEY LIVINGSTON BOARD MEMBER 1.00
Director
$0 $0 $0
WYNN SPENCER BOARD MEMBER 1.00
Director
$0 $0 $0
ZACH MINTEER BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS MCGEE PRESIDENT & CEO 35.00
Officer
$2,752,979 $852,460 $3,605,439
LESLEY CAMPBELL SR. VP & GENERAL COUNSEL 35.00
Officer
$401,364 $50,440 $451,804
SEAN KRON CFO, TREASURER 35.00
Officer
$459,685 $56,935 $516,620
VALERIE RICHARDSON CHIEF OPERATING OFFICER 35.00
Highest
$1,122,701 $37,249 $1,159,950
KRISTIN LOGSDON SR. VP, COMM, MARKETING, P 35.00
Highest
$499,652 $68,741 $568,393
BETSY LAIRD SR. VP, GLOBAL PUBLIC POLI 35.00
Highest
$494,688 $83,960 $578,648
MALACHY KAVANAGH EVP, GLOBAL & CORP DEVELOP 35.00
Highest
$506,457 $83,960 $590,417
BONNIE ARCHAMPONG CHIEF INFORMATION OFFICER 35.00
Highest
$427,847 $36,674 $464,521
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $58,353,418 $57,135,497 $178,869,072 $1,217,921
2022 $50,346,312 $54,202,782 $167,897,183 $-3,856,470
2021 $15,292,706 $37,435,748 $167,282,013 $-22,143,042
2020 $44,256,445 $39,366,995 $167,624,715 $4,889,450
2019 $75,460,680 $69,900,079 $162,790,864 $5,560,601
2018 $80,310,270 $71,779,886 $139,900,878 $8,530,384
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare INTERNATIONAL COUNCIL OF SHOPPING CENTERS INC with other nonprofits in New York and across the country.