Navy Pier Inc.

“(continued from form 990, part i, line 1) and free programming to nearly 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) in 2019, the pier continued its bold and exciting transformation, unveiling new physical redevelopment projects and plans, while continuing to deliver on its mission to extend a wide range of free, dynamic and eclectic programs to its nearly 9 million annual guests. Notable physical redevelopment projects in 2019 included the completion of offshore, the largest rooftop venue in the world, confirmed by the guinness book of world records. A key element of the incoming hotel at the pier, offshore offers guests a unique dining and nightlife experience with 360-degree views of chicagos famous skyline and serene lake michigan. With the construction of the hotel underway in 2019, navy pier will soon offer guests the opportunity to extend their stay and enjoy a full day and night experience at the lakefront. In 2019, navy pier also welcomed more local small businesses to the fifth third bank family pavilion, a recently renovated hub of more than 70 chicago-centric experiences that showcase and represent the citys best offerings in dining, entertainment, retail and more. Minority-owned business, fro gelato, was among the new contemporary storefronts to join the architecturally stunning facility that is home to many artisans, retailers and other businesses uniquely rooted in chicagos identity. In 2019, 26% of businesses on navy pier were minority-owned, and 37% were women-owned. The pavilion also offers free arts and cultural programming, serving as a flexible platform for family-friendly events and activities year round. The recently 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: - the beach chicago: a free, interactive public art installation featuring a sea of one million translucent white spheres. Guests were able to beat the winter blues as they reveled in an indoor beach, which further reinforced the piers unique year-round accessibility. - 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. - 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. - fresh fest! Presented by allstate: an all-day showcase featuring talented local youth. - pier pumpkin lights: a free experiential fall spectacle with nearly 1,000 pumpkins on display and various halloween-themed installations for the perfect fall family outing and picturesque moments. - 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); summer fitness (weekly exercise and yoga series); 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. - fifth third bank winter wonderfest: navy piers marquee winter event, featuring 170,000 square feet of indoor rides, attractions and activities. In 2019, navy pier piloted a sensory friendly program to accommodate the special needs community. In addition to serving as one of the midwests top destinations for free public programming, navy pier continues to serve as a vital economic driver for the city of chicago, employi”

“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, inc.'s board of directors. Ms. Lori healey resigned from her role as chief executive officer of mpea and from the board of directors of navy pier, inc. Her successor, ms. Larita clark, joined the navy pier inc. Board at the time of her appointment as interim ceo of mpea.”

“Form 990, part vi, section b, line 11b the 990 is prepared by navy pier, inc.'s director of financial planning & analysis and cfo and an outside cpa firm. The form 990 is reviewed by navy pier, inc.'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, inc. 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 form 990) which requires disclosure of financial interests that present apotential 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, inc. 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. During 2018 and 2019, mr. Gery chico, a director of navy pier, inc., took a leave of absence from the board of directors during his candicacy for mayor of the city of chicago.”

“Form 990, part vi, section b, line 15a and 15b the executive committee reviews the goals and performance of the president and 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 and ceo for compensation of key employees. The evaluations, reviews, comments and decisions are documented in the minutes of the executive committee. The president and 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 $(712,750)”

“Description:security and emergency service total fees:3418747”

“Description:housekeeping/scavenger fees total fees:3831018”

“Description:other professional fees total fees:2144371”