2024-11-12T17:10:49-06:00 2023-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2023-01-01 366066976 APICS INC APIC 7738671777 8430 W BRYN MAWR AVENUE 1000 CHICAGO IL 60631 JEFFREY ZETTEK CHIEF FINANCIAL OFFICER 7738671777 2024-11-05 1 1 LU ANN TRAPP P01506476 3122071040 2024-11-05 2023 2024-10-15 13:58:12Z ASSOCIATION FOR SUPPLY CHAIN MANAGEMENT JEFFREY ZETTEK 1 EAST ERIE STREET SUITE 525-4021 CHICAGO IL 60631 51370769 0 X WWW.APICS.ORG X 1957 IN APICS BUILDS KNOWLEDGE AND SKILLS IN OPERATIONS AND SUPPLY CHAIN PROFESSIONALS. 12 12 119 1000 46204 21714 0 0 24201026 27352380 -75630 119021 8004373 9711278 32129769 37182679 0 0 0 0 16770957 18969091 0 0 0 18155695 20861544 34926652 39830635 -2796883 -2647956 39419111 40238200 25325161 27410155 14093950 12828045 TO DEVELOP AND PROVIDE EDUCATION, FRAMEWORKS, IMPROVEMENT METHODOLOGIES, TRAINING, CERTIFICATION AND BENCHMARKING TOOLS TO FACILITATE IMPROVEMENTS IN ALL FIELDS OF THE SUPPLY CHAIN PROFESSION. 0 0 PROVIDE TO OVER 46,000 MEMBERS: CONFERENCES, WORKSHOPS, PUBLICATIONS, CERTIFICATIONS AND CONTINUING EDUCATION FOR DISCIPLINE WITHIN THE SUPPLY CHAIN FIELD. 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 107 0 1 119 1 1 1 0 0 0 1 1 0 0 0 X 12 12 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JEFF ZETTEK 7738671793 8430 W BRYN MAWR AVENUE 1000 CHICAGO IL 60631 LISA VENEZIANO CHAIR 1.90 0.10 X X 0 0 0 LARS MAGNUSSON TREASURER-SECRETARY 1.90 0.10 X X 0 0 0 PAMELA DOW CHAIR ELECT 1.90 0.10 X X 0 0 0 KATIE FOWLER DIRECTOR 1.50 0.00 X 0 0 0 MIKE BUNGE DIRECTOR 1.50 0.00 X 0 0 0 OLIVE NGAH DIRECTOR 1.50 0.10 X 0 0 0 JAMES HESS DIRECTOR 1.50 0.00 X 0 0 0 NISA MOORE DIRECTOR 1.50 0.10 X 0 0 0 JONATHON WEBSTER DIRECTOR 1.50 0.00 X 0 0 0 AMY AUGUSTINE DIRECTOR 1.50 0.00 X 0 0 0 CHRISTINE BARNHART DIRECTOR 1.50 0.00 X 0 0 0 PEDRO NETO DIRECTOR 1.50 0.00 X 0 0 0 ABE ESHKENAZI CEO 39.75 0.25 X 918149 0 130595 JEFF ZETTEK EVP/CFO 39.75 0.25 X 489498 0 96477 PETER BOLSTORFF EVP 40.00 0.00 X 431398 0 79317 DOUGLAS KENT EVP 40.00 0.00 X 432438 0 29328 LISA SALLSTROM EVP 40.00 0.00 X 406574 0 62518 SHERRI GOODLOVE EVP 40.00 0.00 X 382875 0 72771 GINA DECIANI VP 40.00 0.00 X 354841 0 47641 3415773 0 518647 54 0 1 0 THE OFFICE OF EXPERIENCE 125 S WACKER DRIVE CHICAGO IL 60606 DIGITAL TRANSFORMATION 3833995 HOLMES CORPORATION 2975 LONE OAK DRIVE EAGAN MN 55121 PROFESSIONAL SERVICES 2967226 NCS PEARSON 5601 GREEN VALLEY DR BLOOMINGTON MN 55437 TESTING SERVICES 1303760 PROMETRIC 500 ROSS STREET PITTSBURGH PA 15262 PROFESSIONAL SERVICES 217550 PRECON EVENTS 11910 PARKLAWN DRIVE STE T ROCKVILLE MD 20852 PROFESSIONAL SERVICES 200000 11 CERTIFICATION 900099 16560503 16560503 MEMBERSHIP DUES 900099 6886928 6886928 PROGRAM FEES 900099 2126196 2126196 CONFERENCE 900099 1545898 1545898 232855 186651 46204 27352380 390232 390232 6690054 6961265 -271211 -271211 -271211 16827708 7226825 9600883 9600883 MISCELLANEOUS REVENUE 900099 110395 110395 110395 37182679 37017454 46204 119021 X 1407647 13773653 855696 1926681 1005414 325377 113662 81512 4637225 2560730 2070778 1362481 995259 1808233 493610 3327215 159211 UBI TAXES 11887 CERTIFICATION TESTS 1562157 BANK FEES 799336 TEMPORARY HELP 242290 310581 39830635 1672396 5683182 5076645 2998406 352854 587586 28087850 19147991 9306781 8939859 15472872 15181604 4042504 3525354 3495059 3322209 39419111 40238200 7584217 7556423 10265035 13047197 6750000 6750000 725909 56535 25325161 27410155 X 14066434 12800529 27516 27516 14093950 12828045 39419111 40238200 -2647956 1382051 0 X 0 1 X 1 0 0 1 0 25477 25477 25477 25477 25477 25477 25477 25477 25477 25477 0.00000 0.00000 1.00000 0 0 3010135 2979060 31075 4479064 4363510 115554 20598651 11805421 8793230 8939859 DUE FROM ASSOCIATION FOR SUPPLY CHAIN MANAGEMENT FOUNDATION 3322209 3322209 DEFERRED RENT 56535 56535 46126149 1382051 7642931 9024982 37101167 81512 81512 37182679 47190151 7441028 7441028 39749123 81512 81512 39830635 PART V, LINE 4: THE ASSOCIATION'S ENDOWMENT CONSISTS OF TWO INDIVIDUAL DONOR-RESTRICTED FUNDS ESTABLISHED TO HELP SUPPORT THE ASSOCIATION'S SCHOLARSHIP PROGRAM. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED ON APICS SUPPLY CHAIN COUNCIL, INC 416,106. COST OF PUBLICATIONS SOLD 7,226,825. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED ON APICS SUPPLY CHAIN COUNCIL, INC 214,203. COST OF PUBLICATIONS SOLD 7,226,825. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES CERTIFICATION TESTING 17626 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 1 PROGRAM SERVICES CERTIFICATION TESTING 315400 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES CERTIFICATION TESTING 315805 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES CERTIFICATION TESTING 87073 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 1 PROGRAM SERVICES CERTIFICATION TESTING 25830 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES CERTIFICATION TESTING 34927 0 2 0 0 0 2 796661 0 796661 0 0 0 0 0 0 X 1 1 X X X X X 0 1 0 ABE ESHKENAZI CEO 693149 0 225000 0 0 0 107200 0 23395 0 1048744 0 0 0 JEFF ZETTEK EVP/CFO 395823 0 93675 0 0 0 62375 0 34102 0 585975 0 0 0 PETER BOLSTORFF EVP 343221 0 88177 0 0 0 61130 0 18187 0 510715 0 0 0 LISA SALLSTROM EVP 335071 0 71503 0 0 0 55233 0 7285 0 469092 0 0 0 DOUGLAS KENT EVP 342860 0 89578 0 0 0 0 0 29328 0 461766 0 0 0 SHERRI GOODLOVE EVP 317083 0 65792 0 0 0 42465 0 30306 0 455646 0 0 0 GINA DECIANI VP 262866 0 91975 0 0 0 31575 0 16066 0 402482 0 0 0 PART I, LINE 1A PER THE BOARD OPERATING PROCEDURES MANUAL, BOARD MEMBERS ARE ALLOWED TO BRING A SPOUSE OR COMPANION TO CERTAIN APPROVED MEETINGS OR CONFERENCES. THIS BENEFIT IS CONSIDERED A TAXABLE FRINGE BENEFIT. PART I, LINE 4B THE CEO, CFO, EVPS, AND VICE PRESIDENTS PARTICIPATE IN A 457F PLAN. THE ASSOCIATION PROVIDES A DISCRETIONARY EMPLOYER CONTRIBUTION INTO THE PLAN. THE PARTICIPANTS HAVE A FULLY VESTED INTEREST IN SALARY REDUCTION AND EMPLOYER MATCHING CONTRIBUTIONS. TOTAL EMPLOYER CONTRIBUTIONS TO THE PLAN IN 2023 WERE $167,402 AND ARE REPORTED ON SCHEDULE J, PART II, COLUMN C. FORM 990, PART VI, SECTION A, LINE 6 YES, THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DUTY TO DISCLOSE AND RECUSE FROM DISCUSSION AND VOTE: ANY INTERESTED PERSON WITH DECISION-MAKING AUTHORITY HAS A DUTY TO DISCLOSE THE EXISTENCE OF A POTENTIAL CONFLICT OF INTEREST IN ANY PROPOSED TRANSACTION OR ARRANGEMENT UNDER CONSIDERATION. AFTER DISCLOSURE OF THE INTEREST AND ALL MATERIAL FACTS RELATED THERETO BY THE INTERESTED PERSON, INCLUDING ANY INITIAL QUESTIONING BY THE INDEPENDENT INDIVIDUALS ON THE BOARD OR COMMITTEE, THE INTERESTED PERSON WITH THE CONFLICT OF INTEREST SHALL RECUSE HIMSELF OR HERSELF AND IS NOT PERMITTED TO PARTICIPATE IN ANY DISCUSSION OR VOTE, ON THE TRANSACTION OR ARRANGEMENT. INVESTIGATION AND DUE DILIGENCE ANALYSIS. APICS HAS A DUTY TO INVESTIGATE ALTERNATIVES TO ANY PROPOSED TRANSACTION OR ARRANGEMENTS INVOLVING INTERESTED PERSONS TO DETERMINE WHETHER THE PROPOSED ACTION IS IN THE BEST INTEREST OF APICS. IF APPROPRIATE, THE CHAIRPERSON MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO PERFORM THIS INVESTIGATION. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER APICS CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. DECISION-MAKING PROCESS: IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN APICS'S BEST INTEREST AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO APICS, AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. CONTEMPORANEOUS REPORTING: THE ACTS TAKEN TO COMPLY WITH THIS POLICY, INCLUDING THE DISCLOSURE OF THE CONFLICT OF INTEREST, INVESTIGATION THEREAFTER, EXPLANATION OF THE DECISION-MAKING PROCESS, INCLUDING THE EXPLANATION OF WHY THE PROPOSED ACTION IS OR IS NOT IN THE BEST INTEREST OF APICS, AND THE INDIVIDUALS VOTING ON THE PROPOSED TRANSACTION, SHALL BE CONTEMPORANEOUSLY RECORDED IN WRITING BY APICS IN THE MINUTES OF THE MEETING, TOGETHER WITH ANY COMPARABILITY DATA OR OTHER SUPPORTING DOCUMENTATION. FORM 990, PART VI, SECTION B, LINE 15A THE CEO COMPENSATION COMMITTEE SHALL BE A COMMITTEE WITH CORPORATE AUTHORITY RESPONSIBLE FOR ESTABLISHING COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER AND COMMUNICATING THE PERFORMANCE EVALUATION RESULTS TO THE CHIEF EXECUTIVE OFFICER. THE CEO COMPENSATION COMMITTEE SHALL MEET AT LEAST TWICE A YEAR: ONCE TO REVIEW THE CHIEF EXECUTIVE OFFICER'S PERFORMANCE AND ESTABLISH THE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER; AND ONCE TO COMMUNICATE THE PERFORMANCE EVALUATION RESULTS TO THE CHIEF EXECUTIVE OFFICER. THE CEO COMPENSATION COMMITTEE SHALL BE COMPOSED OF THE CHAIR OF THE BOARD, CHAIR-ELECT OF THE BOARD, TREASURER-SECRETARY OF THE BOARD, IMMEDIATE PAST CHAIR OF THE BOARD, WHO SHALL SERVE AS CHAIR OF THE COMMITTEE, AND THE PREVIOUS IMMEDIATE PAST CHAIR OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE NOT GENERALLY MADE AVAILABLE TO THE GENERAL PUBLIC, BUT IF REQUESTS FOR COPIES OF THESE DOCUMENTS WERE TO BE RECEIVED, THE ORGANIZATION WOULD CONSIDER MAKING THEM AVAILABLE TO THE REQUESTOR. FORM 990, PART IX, LINE 11G TRAINING AND INSTRUCTOR FEES 982,503. CERTIFICATION 17,890. DIGITAL CONFIRMATION CONSULTING 508,237. IT PROFESSIONAL FEES 777,454. CHANNEL SUPPORT SERVICES 354,841. OTHER CONTRACTOR FEES 657,461. MEMBERSHIP FEES 341,557. OTHER 997,282. ASSOCIATION FOR SUPPLY CHAIN MANAGEMENT FOUNDATION 8430 W BRYN MAWR AVENUE SUITE 1000 CHICAGO IL 60631 366155750 ADVANCING EDUCATION IN THE SUPPLY CHAIN INDUSTRY IL 501(C)(3) LINE 10 APICS 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 ASSOCIATION FOR SUPPLY CHAIN MANAGEMENT FOUNDATION D 3322209 FAIR MARKET VALUE ASSOCIATION FOR SUPPLY CHAIN MANAGEMENT FOUNDATION O 29710 FAIR MARKET VALUE