2018-11-13T14:17:38-06:00 2017-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2017-01-01 522023392 WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL WOME 2028725515 1120 CONNECTICUT AVE NW NO 1000 WASHINGTON DC 20036 PAMELA PRINCE-EASON PRESIDENT/CEO 2028725515 2018-11-13 1 HOLLY CAPORALE P00235685 3019860600 2018-11-13 108.31.200.98 2018-11-13 09:32:59 US P 6AB4311510DC4CFB994F87881117EF2C5B9ACA0A E84A13D2F5282DB7D39CD4E0177169C577976C75 2017 2019-02-21 02:37:17Z PAMELA PRINCE-EASON 1120 CONNECTICUT AVE NW NO 1000 WASHINGTON DC 20036 11264485 0 X WWW.WBENC.ORG X 1997 DC THE WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL'S (WBENC) PROGRAMS EDUCATE THE GENERAL PUBLIC AND CORPORATIONS ON A SUBJECT BENEFICIAL TO THE COMMUNITY, NAMELY THE NEED TO FOSTER DIVERSITY AND ELIMINATE PREJUDICE AND DISCRIMINATION IN THE MARKETPLACE. WBENC'S PROGRAMS NOT ONLY INSTRUCT AND TRAIN INDIVIDUALS DIRECTLY TO DEVELOP THEIR INDIVIDUAL CAPABILITIES, BUT ALSO INDIRECTLY BY WORKING WITH LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS AND CORPORATIONS IN ORDER TO ESTABLISH CAPACITY BUILDING PROGRAMS IN THEIR RESPECTIVE COMMUNITIES ON PROCUREMENT AND MARKETING. 60 59 28 100 0 0 299830 256501 9789017 10738383 37 101 19879 -22887 10108763 10972098 1812155 2004431 0 0 3098036 3278284 0 0 199000 5047967 5796133 9958158 11078848 150605 -106750 8239848 7830558 4354839 4048660 3885009 3781898 X THE WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL'S (WBENC) PROGRAMS EDUCATE THE GENERAL PUBLIC AND CORPORATIONS ON A SUBJECT BENEFICIAL TO THE COMMUNITY, NAMELY THE NEED TO FOSTER DIVERSITY AND ELIMINATE PREJUDICE AND DISCRIMINATION IN THE MARKETPLACE. WBENC'S PROGRAMS NOT ONLY INSTRUCT AND TRAIN INDIVIDUALS DIRECTLY TO DEVELOP THEIR INDIVIDUAL CAPABILITIES, BUT ALSO INDIRECTLY BY WORKING WITH LOCAL ECONOMIC DEVELOPMENT ORGANIZATION AND CORPORATIONS IN ORDER TO ESTABLISH CAPACITY BUILDING PROGRAMS IN THEIR RESPECTIVE COMMUNITIES ON PROCUREMENT AND MARKETING. 0 0 4429908 322677 4815006 NATIONAL CONFERENCE & BUSINESS FAIR - WBENC NATIONAL CONFERENCE & BUSINESS FAIR IS AN ANNUAL EVENT SPONSORED BY WBENC TO PROMOTE THE ORGANIZATIONS' MISSION OF BEING THE LEADER IN WOMEN'S BUSINESS DEVELOPMENT. THIS ANNUAL CONFERENCE AND BUSINESS FAIR BRINGS TOGETHER MAJOR CORPORATIONS INTERESTED IN BUILDING WORLD-CLASS SUPPLIER DIVERSITY PROGRAMS, AND THE WOMEN BUSINESS OWNERS WHO ARE SEEKING TO BREAK THROUGH THE BARRIERS, AMIDST THOUGHT LEADERS ON TRENDS IMPACTING CORPORATIONS AND WOMEN-OWNED BUSINESS MUTUAL BUSINESS IN THE FUTURE. WOMEN BUSINESS OWNERS HAVE THE OPPORTUNITY TO GENERATE BUSINESS ON THE SPOT WITH MAJOR CORPORATIONS OR TO INITIATE RELATIONSHIPS THAT WILL GENERATE BUSINESS IN THE FUTURE. THE PROGRAM ALSO INCLUDES NETWORKING OPPORTUNITIES AND EDUCATIONAL PROGRAMS FOR BOTH CORPORATIONS AND WOMEN-OWNED BUSINESS. 2697934 1579120 57050 CERTIFICATION - CERTIFICATION IS THE CORNERSTONE OF WBENC'S CORE PLATFORM (CERTIFICATION, OPPORTUNITIES, RESOURCES AND ENGAGEMENT). CERTIFYING WOMEN OWNED BUSINESSES IS THE FOUNDATION OF WBENC'S MISSION, ALONG WITH CONNECTING WBENC-CERTIFIED WOMEN'S BUSINESS ENTERPRISES (WBES) WITH WBENC'S CORPORATE MEMBERS TO FACILITATE REAL TIME BUSINESS OPPORTUNITIES AND SERVING AS A RESOURCE TO OFFER TRAINING THAT HELPS THE CORPORATE MEMBER AND THE WBENC-CERTIFIED WBE GROW THEIR CAPACITY. WBENC'S WORLD-CLASS CERTIFICATION IS ACCEPTED BY MORE THAN 1,000 CORPORATIONS REPRESENTING AMERICA'S MOST PRESTIGIOUS BRANDS, IN ADDITION TO MANY STATES, CITIES AND OTHER ENTITIES. WBENC IS ALSO AN APPROVED THIRD PARTY CERTIFIER FOR THE UNITED STATES SMALL BUSINESS ADMINISTRATION (SBA) WOMEN-OWNED SMALL BUSINESS (WOSB) FEDERAL CONTRACTING PROGRAM. WBENC CERTIFICATION VALIDATES THAT THE BUSINESS IS 51 PERCENT OWNED, CONTROLLED, OPERATED, AND MANAGED BY A WOMAN OR WOMEN. 1113020 1219525 SUMMIT & SALUTE - THE SUMMIT & SALUTE IS AN ANNUAL EVENT SPONSORED BY WBENC TO FURTHER THE ORGANIZATION'S MISSION OF BEING THE LEADER IN WOMEN'S BUSINESS DEVELOPMENT. THE EVENT BRINGS TOGETHER CORPORATE MEMBERS AND WOMEN'S BUSINESS ENTERPRISES FOR EDUCATIONAL PROGRAMMING, NETWORKING OPPORTUNITIES, AND THE SALUTE GALA DINNER, WHICH IS WBENC'S ANNUAL FUNDRAISER. DURING THE TWO-DAY EVENT, WBENC RECOGNIZES AMERICA'S TOP CORPORATIONS FOR WOMEN'S BUSINESS ENTERPRISES AND AWARDS FOURTEEN WOMEN'S BUSINESS ENTERPRISE STARS. THE GOAL OF THE TOP CORPORATIONS PROGRAM IS TO HIGHLIGHT THE CORPORATIONS WHO MAKE A DEDICATED EFFORT TO DEVELOP WOMEN'S BUSINESSES AND TO USE THEM IN THEIR CORPORATE SUPPLY CHAINS. THE GOAL OF THE WOMEN'S BUSINESS ENTERPRISE STARS PROGRAM IS TO HIGHLIGHT WOMEN'S BUSINESS ENTERPRISES WHO ARE EXCELLING IN GROWING THEIR BUSINESSES AND SETTING THE STANDARDS FOR THEIR INDUSTRIES. 1628723 102634 4646802 THE WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL'S (WBENC) OTHER PROGRAM SERVICES INCLUDE: MEMBERSHIP SERVICES, BUSINESS STARS, TUCK, TOP CORPORATIONS, STUDENT ENTREPRENEUR PROGRAMS. 1628723 102634 4646802 9869585 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 30 0 1 28 1 0 0 0 0 0 1 1 0 0 X 60 59 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PAMELA PRINCE-EASON 2028725515 1120 CONNECTICUT AVE NW 1000 WASHINGTON DC 20036 THERESA HARRISON BOARD CHAIR 1.00 X X 0 0 0 PAMELA PRINCE-EASON PRESIDENT & CEO 40.00 X X 371108 0 72207 JORGE ROMERO COUNSEL TO THE BOARD 1.00 X X 0 0 0 NEDRA DICKSON DIRECTOR 1.00 X 0 0 0 ALITHIA BRUINTON DIRECTOR 1.00 X 0 0 0 LYNN BOCCIO DIRECTOR 1.00 X 0 0 0 BARBARA KUBICKI-HICKS DIRECTOR 1.00 X 0 0 0 DEBRA JENNINGS-JOHNSON DIRECTOR 1.00 X 0 0 0 STEPHANIE BEVERIDGE DIRECTOR 1.00 X 0 0 0 PIYUSH BHARGAVA DIRECTOR 1.00 X 0 0 0 DOUG FISHER DIRECTOR 1.00 X 0 0 0 DAVID DROUILLARD DIRECTOR 1.00 X 0 0 0 MICHAEL ROBINSON DIRECTOR 1.00 X 0 0 0 BEVERLY JENNINGS DIRECTOR 1.00 X 0 0 0 WILLIAM KAPFER DIRECTOR 1.00 X 0 0 0 BARBARA CARBONE DIRECTOR 1.00 X 0 0 0 JOHN MUNSON DIRECTOR 1.00 X 0 0 0 NANCY CREUZIGER DIRECTOR 1.00 X 0 0 0 FERNANDO HERNANDEZ DIRECTOR 1.00 X 0 0 0 LISA STENGLEIN DIRECTOR 1.00 X 0 0 0 PAMELA PESTA DIRECTOR 1.00 X 0 0 0 MARK ARTIGUES DIRECTOR 1.00 X 0 0 0 MARY MCEVOY DIRECTOR 1.00 X 0 0 0 MIKE HOFFMAN DIRECTOR 1.00 X 0 0 0 LAURA TAYLOR DIRECTOR 1.00 X 0 0 0 ANDY BUTLER DIRECTOR 1.00 X 0 0 0 CAROL WOODEN DIRECTOR 1.00 X 0 0 0 KATHLEEN TRIMBLE DIRECTOR 1.00 X 0 0 0 DEBRA STEWART DIRECTOR 1.00 X 0 0 0 LORI BILLINGSLEY DIRECTOR 1.00 X 0 0 0 SYLVESTER JOHNSON DIRECTOR 1.00 X 0 0 0 CLINT GRIMES DIRECTOR 1.00 X 0 0 0 RUBY MCCLEARY DIRECTOR 1.00 X 0 0 0 ESTRELLA CRAMER DIRECTOR 1.00 X 0 0 0 SANDY NIELSEN DIRECTOR 1.00 X 0 0 0 PHIL SEIDLER DIRECTOR 1.00 X 0 0 0 JULIE HOLMES DIRECTOR 1.00 X 0 0 0 MICHAEL BYRON DIRECTOR 1.00 X 0 0 0 APRIL DAY DIRECTOR 1.00 X 0 0 0 NANCY ALLEN DIRECTOR 1.00 X 0 0 0 DEBBIE HURST DIRECTOR 1.00 X 0 0 0 SUSAN RITTSCHER DIRECTOR 1.00 X 0 0 0 EMILIA DIMENCO DIRECTOR 1.00 X 0 0 0 ROZ LEWIS DIRECTOR 1.00 X 0 0 0 MARSHA FIRESTONE PHD DIRECTOR 1.00 X 0 0 0 MICHELLE RICHARDS DIRECTOR 1.00 X 0 0 0 PAMELA WILLIAMSON PHD DIRECTOR 1.00 X 0 0 0 PATRICIA RODRIGUEZ-CHRISTIAN DIRECTOR 1.00 X 0 0 0 HANNAH KAIN DIRECTOR 1.00 X 0 0 0 JULIE COPELAND DIRECTOR 1.00 X 0 0 0 CHERYL SNEAD DIRECTOR 1.00 X 0 0 0 ROYALYN REID DIRECTOR 1.00 X 0 0 0 HALLIE SATZ DIRECTOR 1.00 X 0 0 0 CINDY TOWERS DIRECTOR 1.00 X 0 0 0 PATTI MASSEY DIRECTOR 1.00 X 0 0 0 SANDRA JAMES DIRECTOR 1.00 X 0 0 0 CATHI COAN DIRECTOR 1.00 X 0 0 0 FARRYN MELTON DIRECTOR 1.00 X 0 0 0 CHERYL STEVENS DIRECTOR 1.00 X 0 0 0 JANICE BRYANT-HOWROYD DIRECTOR 1.00 X 0 0 0 BENITA FORTNER DIRECTOR 1.00 X 0 0 0 DOMINICA GROOM DIRECTOR 1.00 X 0 0 0 EYVON AUSTIN DIRECTOR 1.00 X 0 0 0 GERI SWIFT DIRECTOR 1.00 X 0 0 0 JULIE COOKE DIRECTOR 1.00 X 0 0 0 LARRY CALDWELL DIRECTOR 1.00 X 0 0 0 RENEE JONES DIRECTOR 1.00 X 0 0 0 PATRICIA BIRMINGHAM VP OF MARKETING & TECHNOLOGY 40.00 X 279031 0 49066 CANDACE WATERMAN CHIEF OF STAFF, CERT & PROGRAM OPS 40.00 X 192988 0 25141 JILL SASSO VP OF HR GOVERNANCE & PROGRAMS 40.00 X 147386 0 25820 DAVID GIFFORD ROBINSON DIRECTOR, DEVELOPMENT & MARKETING 40.00 X 104737 0 22065 ANDREW GAECKLE DIRECTOR, STRATEGIC PLANNING 40.00 X 106120 0 16349 1201370 0 210648 6 0 1 0 LIGHT NIGHT CLUB 6663 SCHUSTER STREET LAS VEGAS NV 89113 SPACE RENTAL, FOOD, AND BEVERAGE FOR 201 281156 1 173625 82876 256501 CONFERENCE REVENUE 900099 6345958 6345958 MEMBERSHIP DUES 900099 4335375 4335375 CERTIFICATION FEES 900099 57050 57050 10738383 101 101 269500 173625 292387 -22887 -22887 10972098 10738383 0 -22786 1901797 1901797 102634 102634 443315 381251 44332 17732 2061731 1773089 206173 82469 115381 99227 11538 4616 484488 416660 48449 19379 173369 149097 17337 6935 95264 36427 55026 3811 30069 11498 17368 1203 83100 31183 47553 4364 212406 152309 58375 1722 271593 103852 156879 10862 315063 270954 31506 12603 183362 129622 30051 23689 4373431 4198941 174490 72079 61243 7987 2849 11975 11975 TELECOMMUNICATION 57659 4164 46729 6766 90132 45637 44495 11078848 9869585 1010263 199000 5721723 5647542 1721303 1154477 318154 563483 943028 804634 120949 138394 357719 326662 8239848 7830558 529243 849920 3467892 2840150 357704 358590 4354839 4048660 X 2660830 2733653 1151079 975145 73100 73100 3885009 3781898 8239848 7830558 -106750 3639 0 X X 0 1 X 1 0 X 3679500 3728908 3949650 4267355 4418251 20043664 3679500 3728908 3949650 4267355 4418251 20043664 20043664 31 59 46 37 101 274 20043938 25566329 1.00000 1.00000 X 73100 73100 73100 73100 73100 73100 73100 73100 73100 73100 1.00000 0 0 35580 24364 11216 484562 357384 127178 422886 422886 0 138394 DEFERRED RENT 68228 DEFERRED COMPENSATION PAYABLE 290362 358590 X 12339554 3639 1071430 292387 1367456 10972098 0 10972098 12442665 1071430 292387 1363817 11078848 0 11078848 PART V, LINE 4: THE ENDOWMENT EARNINGS ARE TO BE USED FOR SCHOLARSHIPS UNDER THE DOROTHY BROTHERS SCHOLARSHIP FUND. PART X, LINE 2: WBENC REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. WBENC DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SALUTE DIRECT EXPENSES - $292,387 PART XII, LINE 2D - OTHER ADJUSTMENTS: SALUTE DIRECT EXPENSES - $292,387 SALUTE 443125 173625 269500 0 148292 5000 139095 443125 173625 269500 148292 5000 139095 292387 -22887 1 CENTER FOR WOMEN & ENTERPRISE 24 SCHOOL STREET 7TH FLOOR BOSTON MA 02108 043256236 501(C)(3) 57066 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. GREAT LAKES WOMEN'S BUSINESS COUNCIL 33109 SCHOOLCRAFT ROAD LIVONIA MI 48150 382571135 501(C)(3) 141944 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. GREATER WOMEN'S BUSINESS COUNCIL 1355 PEACHTREE STREET NE SUITE 640 ATLANTA GA 30309 582546664 501(C)(3) 122109 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. OHIO RIVER VALLEY WOMEN'S BUSINESS COUNCIL 3458 READING ROAD CINCINNATI OH 45229 310565428 501(C)(3) 109947 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. WOMEN PRESIDENTS' EDUCATIONAL ORGANIZATION - DC 1120 CONNECTICUT AVE NW SUITE 1000 WASHINGTON DC 20036 134068968 501(C)(3) 89587 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. WOMEN PRESIDENTS' EDUCATIONAL ORGANIZATION - NEW YORK 155 E 55TH STREET SUITE 4H NEW YORK NY 10022 134068968 501(C)(3) 144149 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. WOMEN'S BUSINESS COUNCIL - SOUTHWEST 2201 NORTH COLLINS SUITE 158 ARLINGTON TX 76011 752587342 501(C)(3) 131983 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. WOMEN'S BUSINESS DEVELOPMENT CENTER - FLORIDA 13155 SW 134 STREET SUITE 205 MIAMI FL 33186 650888472 501(C)(3) 76138 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. WOMEN'S BUSINESS DEVELOPMENT CENTER - MIDWEST 8 SOUTH MICHIGAN SUITE 400 CHICAGO IL 60603 363488628 501(C)(3) 204643 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. WOMEN'S BUSINESS ENTERPRISE ALLIANCE 9800 NORTHWEST FWY SUITE 120 HOUSTON TX 77092 760458227 501(C)(3) 84105 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. WOMEN'S BUSINESS ENTERPRISE COUNCIL - PADE 1315 WALNUT STREET SUITE 1116 PHILADELPHIA PA 19107 232810092 501(C)(3) 122494 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. WOMEN'S BUSINESS ENTERPRISE COUNCIL - SOUTH 2800 VETERANS MEMORIAL BLVD SUITE 180 METAIRIE LA 70002 721282436 501(C)(3) 85523 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. WOMEN'S BUSINESS ENTERPRISE COUNCIL - WEST 1515 N GREENFIELD ROAD SUITE 102 MESA AZ 85205 860993983 501(C)(3) 443224 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. WOMEN'S BUSINESS ENTERPRISE COUNCIL - PACIFIC 4800 MEADOWS ROAD SUITE 480 LAKE OSWEGO OR 97035 931268428 501(C)(3) 88885 TO COMPENSATE FOR COSTS INCURRED RELATED TO WORK ON BEHALF OF THE WBENC CERTIFICATION PROCESS. 14 0 EXECUTIVE SCHOLARSHIPS 16 102634 PART I, LINE 2: THE USE OF THE GRANTS/ASSISTANCE ARE MONITORED BASED UPON THE SERVICE LEVEL AGREEMENT BETWEEN WBENC AND THE RPO'S. X X 0 1 0 0 0 0 0 1 0 PAMELA PRINCE-EASON PRESIDENT & CEO 309905 0 61203 0 0 0 53986 0 18221 0 443315 0 0 0 PATRICIA BIRMINGHAM VP OF MARKETING & TECHNOLOGY 255031 0 24000 0 0 0 22607 0 26459 0 328097 0 0 0 CANDACE WATERMAN CHIEF OF STAFF, CERT & PROGRAM OPS 182988 0 10000 0 0 0 15919 0 9222 0 218129 0 0 0 JILL SASSO VP OF HR GOVERNANCE & PROGRAMS 147386 0 0 0 0 0 9305 0 16515 0 173206 0 0 0 PART I, LINE 4B PRINCE-EASON PARTICIPATED IN A SUPPLEMENTAL RETIREMENT PLAN. THE ORGANIZATION CONTRIBUTED $6,666 FOR PRINCE-EASON. PART I, LINE 7 IN ADDITION TO PERFOMANCE BONUSES PAID AS SHOWN IN PART II, COLUMN B(II), A PERFORMANCE BONUS WAS PAID TO GAECKLE ($5,000). CENTER FOR WOMEN & ENTERPRISE EXECUTIVE DIRECTOR ON THE WBENC BOARD OF DIRECTORS 57066 GRANTS 0 GREAT LAKES WOMEN'S BUSINESS COUNCIL EXECUTIVE DIRECTOR ON THE WBENC BOARD OF DIRECTORS 141944 GRANTS 0 GREATER WOMEN'S BUSINESS COUNCIL EXECUTIVE DIRECTOR ON THE WBENC BOARD OF DIRECTORS 122109 GRANTS 0 WOMEN PRESIDENTS' EDUCATIONAL ORGANIZATION - NEW YORK EXECUTIVE DIRECTOR ON THE WBENC BOARD OF DIRECTORS 144149 GRANTS 0 WOMEN'S BUSINESS COUNCIL - SOUTHWEST EXECUTIVE DIRECTOR ON THE WBENC BOARD OF DIRECTORS 131983 GRANTS 0 WOMEN'S BUSINESS DEVELOPMENT CENTER - FLORIDA EXECUTIVE DIRECTOR ON THE WBENC BOARD OF DIRECTORS 76138 GRANTS 0 WOMEN'S BUSINESS DEVELOPMENT CENTER - MIDWEST EXECUTIVE DIRECTOR ON THE WBENC BOARD OF DIRECTORS 204643 GRANTS 0 WOMEN'S BUSINESS ENTERPRISE ALLIANCE EXECUTIVE DIRECTOR ON THE WBENC BOARD OF DIRECTORS 84105 GRANTS 0 WOMEN'S BUSINESS ENTERPRISE COUNCIL - WEST EXECUTIVE DIRECTOR ON THE WBENC BOARD OF DIRECTORS 443224 GRANTS 0 FORM 990, PART VI, SECTION A, LINE 2 BECAUSE THEY ARE CORPORATIONS, ORGANIZATIONS THAT ARE ON THE BOARD OF DIRECTORS SOMETIMES ENTER INTO BUSINESS TRANSACTIONS WITH OTHER ORGANIZATIONS THAT ARE ALSO ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION WAS ESTABLISHED AS A NOT-FOR-PROFIT CORPORATION WITH CORPORATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A TWO-THIRDS OF THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBER CORPORATIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT/CEO AND THE AUDIT COMMITTEE, ON BEHALF OF THE BOARD OF DIRECTORS, BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES DIRECTORS TO DISCLOSE ANY SITUATION THAT MAY RAISE A POTENTIAL CONFLICT OF INTEREST. IN ADDITION BOARD MEMBERS SIGN AN AFFIRMATION EACH YEAR. THE EMPLOYEE HANDBOOK DISCUSSES EMPLOYEES' RESPONSIBILITIES REGARDING POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE TOP MANAGEMENT OFFICIAL IS DETERMINED BASED ON MARKET RATES AND APPROVED BY THE BOARD OF DIRECTORS. A SUBCOMMITTEE OF THE BOARD OF DIRECTORS, THE COMPENSATION COMMITTEE, CONDUCTS A PERIODIC SALARY SURVEY THROUGH AN INDEPENDENT CONTRACTOR TO DETERMINE MARKET COMPARABILITY FOR THE SALARIES OF OTHER KEY EMPLOYEES. FORM 990, PART VI,SECTION B, LINE 15B: THE BOARD AUTHORIZES THE PRESIDENT, IN CONSULTATION WITH THE BOARD, TO ESTABLISH JOB EVALUATION AND COMPENSATION POLICIES FOR ALL OTHER EXECUTIVE EMPLOYEES, WHICH POLICIES SHALL COMPLY WITH APPLICABLE STATE AND FEDERAL LAW. IN ESTABLISHING TOTAL COMPENSATION TO BE PAID TO EXECUTIVE EMPLOYEES, THE PRESIDENT SHALL (I) OBTAIN AND RELY ON APPROPRIATE COMPARABILITY DATA AND OTHERWISE TAKE INTO ACCOUNT RELEVANT FACTORS; AND (II) DOCUMENT THE BASIS FOR THE DETERMINATION OF REASONABLE COMPENSATION, INCLUDING PERFORMANCE EVALUATIONS AND MARKET DATA RELIED UPON. NOTWITHSTANDING THE FOREGOING, IF THE PRESIDENT HAS A CONFLICT OF INTEREST (AS THAT TERM IS DEFINED UNDER THE CONFLICT OF INTEREST POLICY) WITH RESPECT TO ANY EXECUTIVE EMPLOYEE, THE BOARD SHALL DETERMINE THE COMPENSATION PAID TO SUCH EXECUTIVE EMPLOYEE PURSUANT TO THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.