2024-11-14T13:32:13-06:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 521077961 THE ERISA INDUSTRY COMMITTEE ERIS 2027891400 701 8TH STREET NW 610 WASHINGTON DC 20001 JAMES GELFAND PRESIDENT & CEO 2027891400 2024-11-14 1 0 ELIZABETH W HELLER P00397829 3019519090 2023 2024-10-15 13:58:12Z JAMES GELFAND 701 8TH STREET NW 610 WASHINGTON DC 20001 4210345 0 X WWW.ERIC.ORG X 1976 DC SEE PART III, LINE 1 22 22 9 22 0 0 375000 820934 2898667 3325850 1659 25029 10000 38532 3285326 4210345 0 0 0 0 2111270 2502404 0 0 0 1227171 1318494 3338441 3820898 -53115 389447 3704153 3967857 2183451 2057708 1520702 1910149 X THE ERISA INDUSTRY COMMITTEE (ERIC) WAS FORMED TO PROMOTE AND ADVANCE THE COMMON INTEREST AND WELFARE OF LARGE EMPLOYERS WHO ESTABLISH AND MAINTAIN EMPLOYEE BENEFIT PLANS (REPRESENTING SOLELY THE PERSPECTIVE OF LARGE PLAN SPONSORS). IT IS THE ONLY (CONTINUED ON SCHEDULE O)NATIONAL ASSOCIATION THAT ADVOCATES EXCLUSIVELY FOR LARGE EMPLOYER PLAN SPONSORS ON HEALTH, RETIREMENT, PAID LEAVE, AND COMPENSATION PUBLIC POLICIES AT THE FEDERAL, STATE, AND LOCAL LEVELS. 0 0 ERIC PROVIDES THE BRIDGE BETWEEN THOSE WHO CRAFT THE RULES AND THOSE WHO MUST COMPLY WITH THEM AS THE ONE ORGANIZATION THAT EXCLUSIVELY REPRESENTS THE HEALTH, RETIREMENT, PAID LEAVE, AND COMPENSATION PUBLIC POLICY PRIORITIES OF LARGE EMPLOYERS BEFORE FEDERAL, STATE, AND LOCAL GOVERNMENTS. ERIC FIGHTS AGAINST EMPLOYER TAXES, MANDATES, AND COMPLIANCE BURDENS, WHILE ADVOCATING FOR POLICIES THAT ALLOW EMPLOYERS TO OFFER BENEFITS EFFECTIVELY, EFFICIENTLY, AND UNIFORMLY TO THEIR EMPLOYEES ACROSS THE COUNTRY. ERIC ADVOCATES FOR ITS MEMBER COMPANIES IN LITIGATION AS WELL TO FIGHT AGAINST STATE AND LOCAL MANDATES ON EMPLOYER BENEFIT PLANS THAT ARE REGULATED BY FEDERAL ERISA LAW.(CONTINUED ON SCHEDULE O)DRIVEN BY AND FOR LARGE EMPLOYERS, ERIC REPRESENTS THE PLAN SPONSOR PERSPECTIVE; THE SPECIFIC GOALS OF OUR CORPORATE MEMBERS ARE THE SOLE FOCUS OF ERIC'S ACTIONS. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 9 1 0 0 0 0 1 1 0 0 0 X 22 22 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JAMES GELFAND 2027891400 701 8TH STREET NW SUITE 610 WASHINGTON DC 20001 JOE PITRA BOARD CHAIR 1.00 X X 0 0 0 JOHN HICKEY VICE CHAIR 1.00 X X 0 0 0 JENI CHIH SECRETARY 1.00 X X 0 0 0 ALAN SEFCIK TREASURER 1.00 X X 0 0 0 JULIANNE GALLOWAY DIRECTOR 1.00 X 0 0 0 KEVIN COVERT DIRECTOR 1.00 X 0 0 0 JUDY FENNIMORE DIRECTOR 1.00 X 0 0 0 GARRETT FENTON DIRECTOR 1.00 X 0 0 0 SUSAN FLEMING DIRECTOR 1.00 X 0 0 0 GORDON HARMAN DIRECTOR 1.00 X 0 0 0 WILLIAM JOHNSEN DIRECTOR 1.00 X 0 0 0 GREGORY MARCHAND DIRECTOR 1.00 X 0 0 0 JESSICA MCNAMARA DIRECTOR 1.00 X 0 0 0 PAM PRICE DIRECTOR 1.00 X 0 0 0 CYNTHIA RADOVICH DIRECTOR 1.00 X 0 0 0 BOB SHEPLER DIRECTOR 1.00 X 0 0 0 ERIK SOSSA DIRECTOR 1.00 X 0 0 0 ADAM STAVISKY DIRECTOR 1.00 X 0 0 0 WHITNEY VANMETER DIRECTOR 1.00 X 0 0 0 CLARE VERPLANK DIRECTOR 1.00 X 0 0 0 ROBERT WEINMAN DIRECTOR 1.00 X 0 0 0 MICHAEL WISE DIRECTOR 1.00 X 0 0 0 JAMES GELFAND PRESIDENT & CEO 40.00 X 571313 0 43500 ANNETTE GUARISCO FILDES COUNSELOR TO THE PRESIDENT & CEO 40.00 X 358750 0 52362 ANDREW BANDUCCI SVP, RETIREMENT & COMPENSATION POLICY 40.00 X 296170 0 54578 MELISSA BARTLETT SVP, HEALTH POLICY 40.00 X 268427 0 17532 KATHLEEN CARR-SMITH CHIEF OPERATING OFFICER 40.00 X 218958 0 43299 DILLON CLAIR DIR.STATE ADVOCACY & LITIGATION 40.00 X 123208 0 18806 1836826 0 230077 6 0 1 0 MORGAN LEWIS & BOCKIUS LLP 1111 PENNSYLVANIA AVE NW WASHINGTON DC 20004 LEGAL SERVICES 180536 1 73434 747500 820934 MEMBERSHIP DUES 900099 2972100 2972100 STRATEGIC PARTNERSHIP 900099 353750 353750 3325850 25029 25029 38532 0 38532 38532 38532 4210345 3325850 0 63561 1025925 1166546 117575 78168 114190 329329 76506 19526 135222 103075 25463 93833 308399 20495 65286 12888 22397 DUES AND SUBSCRIPTIONS 90075 BAD DEBTS 10000 PENSION ADMIN. FEES 6000 3820898 1847594 1744495 551685 910280 258843 591032 119157 99283 73498 61109 25409 12389 901465 610378 3704153 3967857 76078 130385 1196250 1295000 911123 632323 2183451 2057708 X 1454528 1451422 66174 458727 1520702 1910149 3704153 3967857 389447 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 2972100 246352 -590659 -344307 356652 -700959 14590 8754 5836 58908 52355 6553 12389 RIGHT-OF-USE ASSET 610378 610378 OPERATING LEASE LIABILITY 628823 SECURITY DEPOSIT 3500 632323 4210345 0 4210345 0 4210345 3820898 0 3820898 0 3820898 X X X X 0 0 0 JAMES GELFAND PRESIDENT & CEO 385000 0 186313 0 0 0 43500 0 0 0 614813 0 0 0 ANNETTE GUARISCO FILDES COUNSELOR TO THE PRESIDENT & CEO 353750 0 5000 0 0 0 40175 0 12187 0 411112 0 0 0 ANDREW BANDUCCI SVP, RETIREMENT & COMPENSATION POLIC 284545 0 11625 0 0 0 35535 0 19043 0 350748 0 0 0 MELISSA BARTLETT SVP, HEALTH POLICY 248864 0 19563 0 0 0 8053 0 9479 0 285959 0 0 0 KATHLEEN CARR-SMITH CHIEF OPERATING OFFICER 211458 0 7500 0 0 0 26275 0 17024 0 262257 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ERIC HAS ONE CLASS OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A ERIC BY-LAWS STATE THAT, AT EACH ANNUAL MEETING, EACH MEMBER IS ENTITLED TO ONE VOTE FOR EACH DIRECTOR TO BE ELECTED AT THAT MEETING. FORM 990, PART VI, SECTION A, LINE 7B ERIC BY-LAWS STATE THAT, A PROPOSED MERGER OF THE CORPORATION WITH ONE OR MORE OTHER CORPORATIONS AND ANY PROPOSED AMENDMENT OF THESE BY-LAWS TO ALTER THIS SECTION 4.07(E) REQUIRES APPROVAL OF AT LEAST TWO-THIRDS OF THE VOTES CAST BY MEMBERS PURSUANT TO SECTION 4.07(C) OF THE ARTICLE IV, PROVIDED THAT THE NUMBER OF SUCH VOTES CAST IN THE AFFIRMATIVE EQUALS OR EXCEEDS THE NUMBER OF VOTES THAT WOULD BE REQUIRED TO APPROVE THE MERGER (OR THE BY-LAW AMENDMENT) AT A MEETING OF MEMBERS AT WHICH A QUORUM WAS PRESENT. FORM 990, PART VI, SECTION B, LINE 11B ERIC'S FORM 990 IS PREPARED BY AN INDEPENDENT OUTSIDE ACCOUNTING FIRM, REVIEWED BY SENIOR MANAGEMENT, THEN E-MAILED TO ITS GOVERNING BODY FOR REVIEW AND COMMENT. AFTER THE REVIEW AND COMMENT PERIOD, THE FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ERIC'S CONFLICT OF INTEREST POLICY IS DISSEMINATED ANNUALLY TO ALL MEMBERS OF ERIC'S GOVERNING BODY, OFFICERS, AND EMPLOYEES. EACH DIRECTOR, OFFICER, AND EMPLOYEE IS REQUIRED TO AFFIRM IN WRITING THAT HE/SHE HAS READ THE CONFLICT OF INTEREST POLICY AND AGREES TO DISCLOSE CURRENT OR POTENTIAL CONFLICTS, IF ANY. IF THE CHAIR OR THE PRESIDENT, AS THE CASE MAY BE, FINDS AN ARRANGEMENT TO BE HARMFUL OR POTENTIALLY HARMFUL TO ERIC, THE INDIVIDUAL IS INFORMED THAT THE ARRANGEMENT IS NOT APPROVED AND THE INDIVIDUAL DOES NOT ENTER INTO THE ARRANGEMENT (OR, IF THE ARRANGEMENT IS ALREADY IN EFFECT, THE INDIVIDUAL TERMINATES THE ARRANGEMENT). FORM 990, PART VI, SECTION B, LINE 15 ERIC'S EXECUTIVE COMMITTEE REVIEWS SALARY DATA OF COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS AS WELL AS SALARY SURVEYS, FORMS 990, AND OTHER EMPLOYEE COMPENSATION AND BENEFIT DATA AND APPROVES THE COMPENSATION OF ERIC'S PRESIDENT/CEO AND EMPLOYEES. ERIC'S EXECUTIVE COMMITTEE IS COMPRISED OF REPRESENTATIVES OF MEMBER COMPANIES AND ARE INDEPENDENT OF ANY PAID STAFF. THE MOST RECENT SALARY REVIEW WAS CONDUCTED IN JANUARY, 2022. FORM 990, PART VI, SECTION C, LINE 19 ERIC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.