Better Business Bureau Report for
Center for Houston's Future

Better Business Bureau Report issued April 2013
Better Business Bureau Report expires April 2014


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Center for Houston's Future
Address: 1200 Smith St., Ste. 1150
  Houston, TX 77002
Phone: 713-844-9303
Web Address: www.centerforhoustonsfuture.org
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Better Business Bureau Comments

Year, State Incorporated: 1992, Texas
Affiliates: None
Stated Purpose: Center for Houston's Future works to solve our region's toughest problems by engaging diverse leaders, providing impactful research, and defining actionable strategies.

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Evaluation Conclusions

              

Center for Houston's Future meets the 20 Standards for Charity Accountability.
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Programs

              

The Region’s Think Tank conducts programs/services in three areas, Leadership, Research, and Solutions: Business Civic Leadership Forums - Identifies, informs, and engages diverse business leaders committed to creating a successful future. 724 graduates to-date. LeadershipNEXT - Seminar for next-generation, millennial leaders, provides insights about the 21st Century global economy and offers leadership opportunities. Customized Consulting Services - Fully customized sessions teach unique skills such as, greater corporate social responsibility, more effective civic leadership, and strategic planning. Sessions include overview of Houston as the most diverse city in the nation, plus regional historical events, demographics and attitudes. Regional Nine - Twice-yearly meetings with County Judges of Brazoria, Chambers, Fort Bend, Galveston, Harris, Montgomery, Liberty and Waller Counties, plus Mayor of Houston. Convened and facilitated by CHF, elected officials meet in a private, constructive environment, where cross-jurisdictional challenges such as transportation, the environment, disaster preparedness and recovery, and legislative issues are addressed. Community Indicators - Region’s report card on achieving a balance between the social, ecological and economic factors necessary for a competitive, sustainable region. Annual Indicator Report is released at Community Indicators Symposium at George R. Brown Convention Center. My Degree Counts - Regional public engagement campaign to increase two-year and four-year college graduation rates. Scenarios 2040 - Largest public-interest, business-led, regional scenario planning project in the country, based on rigorous research, analysis and community feedback. Summer Salons - Series of panel discussions with big-picture thinkers and regional experts on topics like Education, Technology, and Health.

For the fiscal year ended December 31, 2011, Center for Houston's Future's program expenses were:

  
Total: 1,072,738
Total Program Expenses: $1,072,738
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Governance

              

Chief Executive : Catherine C. Mosbacher, President & CEO
Compensation*: 
$209,400

Chair of the Board: Jame Calaway, Chairman
Chair's Profession / Business Affiliation: President and CEO of Calaway Interests, LLC

Board Size: 33

Paid Staff Size: 14

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet
Fund raising costs were 8% of related contributions. (Related contributions, which totaled $2,579,804, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Center for Houston's Future's audited financial statements for the fiscal year ended December 31, 2011.

Source of Funds  
Contributions 2,308,530
Events 350,294
Tuition & Program Services 237,639
Contract Fees 40,000
Other 1,224
Donor Benefits (FMV) -79,020
Total Income $2,858,667


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Uses of Funds as a % of Total Expenses

Programs: 70%  Fund Raising: 14%  Administrative: 16% 

Total income $2,858,667
Program expenses $1,072,738
Fund raising expenses 210,003
Administrative expenses 239,165
Total expenses $1,521,906
Income in Excess of Expenses 1,336,761
Beginning net assets 438,547
Other Changes in Net Assets 1,336,761
Ending net assets 1,775,308
Total liabilities 196,114
Total assets $1,971,422


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Complaints

              

The BBB has processed no complaints about this organization in the past 36 months, our standard reporting period.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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