2023-11-10T17:19:17-05:00 2022-12-31 273263553 GALLEROS ROBINSON 115 DAVIS STATION RD CREAM RIDGE NJ 08514 990 2022-01-01 862054001 OWNERSHIP WORKS INC OWNE 9545797660 209 W 29TH STREET 167 NEW YORK NY 10001 ANNA-LISA MILLER VICE PRESIDENT 2023-11-10 ANNA-LISA MILLER 999009999 false LEONORA GALLEROS P00181670 6469210400 2023-11-10 2022 2023-04-26 12:10:37Z EXTENDED TO NOVEMBER 15 2023 X PETER STAVROS 209 W 29TH STREET 167 NEW YORK NY 10001 17127966 false X WWW.OWNERSHIPWORKS.ORG X 2021 DE PART I, LINE 1 & PART, III LINE 1 - THE NONPROFIT'S MISSION IS TO RESEARCH, EDUCATE AND INFORM ABOUT THE BENEFITS OF AND METHODS TO ACHIEVE EMPLOYEE OWNERSHIP OF BUSINESSES IN ORDER TO ALIGN EMPLOYEES- AND OWNERS' INTERESTS AND CREATE WEALTH-BUILDING OPPORTUNITIES FOR LOW- AND MODERATE-INCOME WORKERS. 14 12 15 13 0 21548666 17113449 0 42 14229 288 21548708 17127966 0 0 222831 2230104 0 551224 265364 1992152 488195 4222256 21060513 12905710 21261059 34611430 200554 647017 21060505 33964413 PLEASE REFER TO PART I LINE 1 false false 2716432 OWNERSHIP WORKS WAS FOUNDED IN 2021 TO SCALE SHARED OWNERSHIP AS A MEANS OF ADDRESSING ECONOMIC INSECURITY AMONG EMPLOYEES,NARROWING THE RACIAL AND GENDER WEALTH GAPS, AND STRENGTHENING COMPANIES AND COMMUNITIES IN THE PROCESS. IN PARTNERSHIP WITH THE PRIVATE AND NONPROFIT SECTORS, WE HELP EMPLOYEES GAIN ACCESS TO FINANCIAL OPPORTUNITY, EDUCATION, AND SERVICES THROUGH HOLISTIC BROAD-BASED EMPLOYEE OWNERSHIP PROGRAMS. 2716432 true true false false false false false false false false true false false false false true true false false false false false false false false false false false false true false false false false false false false false true false false false false false false false false true 13 0 15 true false false false false false false false false false false false false false false X 14 12 false false true false true true false true true false false true true true true false false true false false AK AL AR CA CO CT FL GA HI KS MD ME MI MN MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV NV X ANNA-LISA MILLER 9545797660 209 W 29TH STREET 167 NEW YORK NY 10001 ANNA-LISA MILLER VICE PRESIDE 40.00 X X 294431 0 25088 TARA MARIE RYAN DIR., MARKET 40.00 X 213267 0 24031 MICHAEL THOMAS MCHUGH PRINCIPAL 40.00 X 135000 0 15604 ALEX KAUFMAN MANAGER 40.00 X 135000 0 15993 FABIAN ALEX RODRIGUEZ DIR., BUSINE 40.00 X 133099 0 17600 MELISSA BUKURU PRINCIPAL 40.00 X 127500 0 19533 RONALD BLAKE CONTROLLER 40.00 X 113846 0 14370 PETER STAVROS PRESIDENT AN 5.00 X X 0 0 0 JOHN DANHAKL DIRECTOR 0.10 X 0 0 0 THOMAS NARATIL FROM 0522 TREASURER 0.10 X X 0 0 0 VICENTE REYNAL DIRECTOR 0.10 X 0 0 0 NATE TAYLOR DIRECTOR 0.10 X 0 0 0 MARIO GIANNINI FROM 0322 DIRECTOR 0.10 X 0 0 0 MARYANNE HANCOCK FROM 0322 DIRECTOR 0.10 X 0 0 0 JAMES NEARY FROM 0322 DIRECTOR 0.10 X 0 0 0 LEELA RAMNATH FROM 0322 DIRECTOR 0.10 X 0 0 0 TODD SISITSKY FROM 0322 DIRECTOR 0.10 X 0 0 0 WILMA LIEBMAN FROM 0522 DIRECTOR 0.10 X 0 0 0 SARITA GUPTA FROM 1122 DIRECTOR 0.10 X 0 0 0 NAUREEN HASSAN FROM 1122 DIRECTOR 0.10 X 0 0 0 GYULNARA JULIA AKHMEDOVA UP TO 0322 TREASURER 0.10 X X 0 0 0 ASHI VARIA UP TO 0322 DIRECTOR 0.10 X 0 0 0 1152143 132219 8 false true false SKDKNICKERBOCKER LLC ONE WORLD TRADE CENTER 69TH FL NEW YORK NY 10007 ADVERTISING 273849 ESPOSITO ORIGINALS 282 S 5TH STREET BROOKLYN NY 11211 FILM PRODUCTION 140020 HAVEY PRO CINEMA 3457 RINGSBY COURT UNIT 105 DENVER CO 80216 FILM PRODUCTION 120000 ZIGMAN ADVISORY LLC 91 BALFOUR DRIVE WEST HARTFORD CT 06117 EXEC SEARCH 120000 4 17113449 44267 17113449 14229 14229 OTHER REVENUE 288 288 288 17127966 288 14229 X 556817 389772 111363 55682 1399362 854972 244278 300112 79232 49916 14262 15054 75015 46914 13403 14698 119678 76872 21964 20842 34400 34400 1330860 1047073 174796 108991 14003 9802 2801 1400 147117 102982 29423 14712 62320 43624 12464 6232 9280 6496 1856 928 22148 15504 4430 2214 BAD DEBTS 268445 268445 DUES AND SUBSCRIPTION 61755 43229 12351 6175 OTHER EXPENSES 37136 25994 7426 3716 MEALS AND ENTERTAINMENT 4688 3282 938 468 4222256 2716432 954600 551224 2537010 8933193 18414666 25084008 29361 8830 9592 20531 491 42956 299300 530742 21261059 34611430 200554 647017 200554 647017 X 21060505 33964413 21060505 33964413 21261059 34611430 12905710 -1802 X false true X false false X 21548666 17113449 38662115 21548666 17113449 38662115 15550023 23112092 42 14517 14559 13229 13229 38689903 288 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29361 8830 20531 20531 X 18347899 -1802 1221735 1219933 17127966 17127966 5443991 1221735 1221735 4222256 4222256 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. CURRENTLY, THERE ARE NO AUDITS IN PROGRESS. X X X false false false false false false false false false ANNA-LISA MILLER VICE PRESIDENT 294431 16520 8568 319519 TARA MARIE RYAN DIR., MARKETING 213267 12491 11540 237298 MICHAEL THOMAS MCHUGH PRINCIPAL 135000 7036 8568 150604 ALEX KAUFMAN MANAGER 135000 7425 8568 150993 FABIAN ALEX RODRIGUEZ DIR., BUSINESS ENG 133099 9032 8568 150699 X 2 44267 FAIR VALUE false false false FORM 990, PAGE 6, PART VI, LINE 4 THE ORGANIZATION AMENDED THE BY-LAWS EFFECTIVE MAY 24, 2023. FORM 990, PAGE 6, PART VI, LINE 6 PETER STAVROS IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A PETER STAVROS, AS THE SOLE MEMBER OF THE ORGANIZATION HAS THE POWER TO APPOINT OR ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 WAS REVIEWED BY THE PRESIDENT AND VICE PRESIDENT OF THE FILING ORGANIZATION. A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE INTERESTS OF THE NONPROFIT WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF A DIRECTOR, OFFICER, OR MEMBER OF A COMMITTEE OF THE CORPORATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. THIS POLICY IS INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE STATE AND FEDERAL LAWS GOVERNING CONFLICT OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE ORGANIZATIONS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH POWERS DELEGATED BY THE BOARD OF DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. FORM 990, PAGE 6, PART VI, LINE 15A EXCEPT AS OTHERWISE PROHIBITED OR LIMITED BY THE BYLAWS OR THE CERTIFICATE OF INCORPORATION, THE CORPORATION MAY PAY REASONABLE COMPENSATION TO ITS DIRECTORS, OFFICERS AND OTHER EMPLOYEES OR AGENTS FOR SERVICES RENDERED. SUCH COMPENSATION SHALL BE DETERMINED BY THE BOARD OF DIRECTORS IN COMPLIANCE WITH THE CORPORATION'S CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS MAY AUTHORIZE THE REIMBURSEMENT OF EXPENDITURES REASONABLY INCURRED BY DIRECTORS, OFFICERS OR OTHER EMPLOYEES OR AGENTS ON BEHALF OF ACTIVITIES FOR THE BENEFIT OF THE CORPORATION. IN ADDITION, THE BOARD REVIEWED COMPENSATION DATA FROM INDEPENDENT SOURCES FOR FUNCTIONALLY COMPARABLE POSITIONS IN ORGANIZATIONS COMPARABLE TO OWNERSHIP WORKS AND BY ANALYZING THE INTERNAL PERFORMANCE DATA, THE BOARD DETERMINES THAT IT PROVIDES A 'REBUTTABLE PRESUMPTION OF REASONABLENESS' THAT THE TOTAL COMPENSATION PROVIDED TO OWNERSHIP WORKS EXECUTIVES IS REASONABLE AND CONSISTENT WITH MARKET PRACTICES. FORM 990, PAGE 6, PART VI, LINE 17 MINNESOTA, MISSISSIPPI, NORTH CAROLINA, NORTH DAKOTA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WASHINGTON, WISCONSIN, WEST VIRGINIA, NEVADA FORM 990, PAGE 6, PART VI, LINE 19 THE CORPORATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G 1,047,073 174,796 108,991