Navy Pier Inc.

“(continued from form 990, part i, line 1) to more than 9 million annual guests, while relieving the burden of the government to maintain and operate the historic destination.”

“(continued from form 990, part iii, line 4a) 9 million annual guests. Notable physical redevelopment projects in 2018 included the completion of the fifth third bank family pavilion in may. A key element of the pier's ongoing centennial vision redevelopment plan, the pavilion, which stretches more than 200,000 square feet from the west main entrance of the pier to wbez, is a hub of more than 70 chicago-centric experiences that showcase and represent the city's best offerings in dining, entertainment, retail and more. Featuring new contemporary storefronts and state-of-the-art digital screens, the renovated and architecturally stunning facility is home to many artisans, retailers and other businesses uniquely rooted in chicago's identity. The pavilion also offers free arts and cultural programming, serving as a flexible platform for family-friendly events and activities year round. In september, navy pier unveiled the peoples energy welcome pavilion, a 4,000-square foot facility designed to welcome guests and offer a variety of information as they arrive and navigate the pier. Located in polk bros park, the pavilion features a 35-foot, state-of-the-art digital screen, which displays an overview of navy pier, peoples gas and chicago's shared history, in addition to sustainability facts and welcome greetings in various languages to honor the millions of diverse guests who visit the pier annually. These newly renovated/developed spaces have had a profound impact on navy pier's programming efforts, allowing the pier to use them as unique platforms for artistic and creative expression and educational opportunities for guests. These areas are often activated with music and dance performances, art installations, panel discussions and more. Navy pier continues to partner with more than 50 cultural organizations and more than 1,000 individual artists to host nearly 250 programs each year, showcasing chicago's rich arts and culture scene. Highlights include: - global connections presented by comed: a three-part series celebrating different cultures and celebrations from around the world, including chinese new year, carnivale and holi - prismatica: an interactive public art installation, comprised of 25 pivoting musical prisms resembling giant kaleidoscopes - latinxt presented by sol: a two-day latin music festival featuring local and international latinx artists - chi-soul fest: a two-day soul music festival featuring local artists and celebrating the genre's deep roots in chicago - the return of navy pier's most popular free programs, such as live by the lake! (weekly live music series); wave wall wax (weekly dj series); aon summer fireworks (semi-weekly fireworks series); quinceaera celebrations (three-part series celebrating the 15th birthday of local girls within the latinx community); water flicks (weekly outdoor film series); navy pier pride presented by american airlines (annual pride celebration); water colors (weekly live jazz music series); sequence ch!cago (fall music series); and more. In addition to serving as one of chicago's top destinations for free public programming, navy pier continues to serve as a vital economic driver for the city of chicago, employing more than 3,000 people across the roughly 80 businesses on site. The ongoing redevelopment and construction also continues to create jobs, and ultimately, contributes to generating at least $15 million in additional guest spending. Once fully realized, navy pier's redevelopment is projected to have infused an additional $13 million into the economy via city, county and state taxes. Since becoming a nonprofit organization in 2011, navy pier has raised $56 million for capital and operations. Last year, roughly 10% of the pier's $56 million operating revenue came from corporate and philanthropic partners. Their generous support and contributions helped underwrite many of the pier's free public programs, special events and redeveloped spaces. Navy pier, governed by an app”

“Form 990, part vi, section a, line 7a under the lease agreement between navy pier and the metropolitan pier and exposition authority (mpea), the chair of the board, the secretary-treasurer and the chief executive officer of mpea are required to be voting members of navy pier's board of directors.”

“Form 990, part vi, section b, line 11b the 990 is prepared by navy pier's director of accounting and financial reporting, in coordination with the cfo and an outside cpa firm. The form 990 is reviewed by npi's president & ceo, general counsel and finance committee prior to final approval of the board of directors prior to filing.”

“FORM 990, PART VI, SECTION B, LINE 12C Navy Pier maintains a Conflict of Interest Policy covering Director, Officer, member of a committee of the Board of Directors of Navy Pier, Inc., or key employee (as defined by the IRS in Instructions for From 990) which requires disclosure of financial interests that present a potential conflict of interest as defined in the Policy. Annual attestations are required as well as immediate disclosure if a potential conflict arises. The Board of Directors adjudicates if a conflict exists and if the transaction should proceed based upon the best interest of the company. Navy Pier also maintains a Whistleblower policy that includes the ability to provide anonymous information via a Hotline. Such information is reported to the VP of People and Culture, or if this person is not available or is the subject of the information, to the General Counsel. This person makes a record of the complaint, conducts an investigation, makes findings and recommends or implements corrective action if appropriate.”

“Form 990, part vi, section b, line 15a and 15b the executive committee reviews the goals and performance of the president/ceo and senior management. The committee also retains an independent consultant who conducts an independent evaluation using compensation data of the comparable key employees at peer institutions. The executive committee reviews the information provided by the independent consultant and approves recommendations from the president/ceo for compensation of key employees. The evaluations, reviews, comments and decisions are documented in the minutes of the executive committee. The ceo reviews the goals and performance of senior staff and reviews the compensation data of the comparable key employees of which recommendations are reviewed, modified and approved by the executive committee.”

“Form 990, part vi, section c, line 19 governing documents, the conflict of interest policy, and the financial statements are available to the public upon request.”

“Form 990, part xi, line 9 change in value of swap $(107,901)”

“Description:security emergency services fe total fees:2869498”

“Description:housekeeping/scavenger fees total fees:4558921”

“Description:other professional fees total fees:4469714”