2018-02-08T18:00:06-06:00 2017-03-31 350921680 CROWE HORWATH LLP 750 N St Paul Suite 850 Dallas TX 75201 990 2016-04-01 752001539 Society of Petroleum Engineers Inc SOCI 9729529393 222 Palisades Creek Drive Richardson TX 75080 Steven Byrne CFO 2018-02-08 true JACKIE COBURN P00244301 2147775200 2016 2021-01-29 14:40:06Z Mark A Rubin 222 Palisades Creek Drive Richardson TX 75080 46468285 false X www.spe.org X 1984 TX The Society of Petroleum Engineers (SPE) is a not-for-profit professional association whose members are engaged in energy resources development and production. SPE serves nearly 125,000 members in 123 countries worldwide. SPE is a key resource for technical knowledge related to the oil and gas exploration and production industry and provides services through its publications, events, training courses, and online resources at www.spe.org. 28 28 211 4000 2309505 9143 3298148 737882 50661886 39332795 1816421 1811513 1385421 950120 57161876 42832310 2379516 1496950 0 24384796 18776985 0 75015 33911080 27002272 60675392 47276207 -3513516 -4443897 69419466 67804240 24626981 25553081 44792485 42251159 The mission of the Society of Petroleum Engineers (SPE) is to Collect, disseminate, and exchange technical knowledge concerning the exploration, development and production of oil and gas resources, and related technologies for the public benefit, and to provide opportunities for professionals to enhance their technical and professional competence. false false 33499658 1496950 37662667 THE SOCIETY OF PETROLEUM ENGINEERS (SPE) SERVES NEARLY 170,000 MEMBERS AND PROVIDES TECHNICAL TRAINING AND RESOURCES AS FOLLOWS: MEETINGS AND CONFERENCES - INCLUDES TECHNICAL SESSIONS, WORKSHOPS, AND SYMPOSIUMS. MEMBERSHIP SERVICES - SPE ORG, MEMBER BENEFITS, AND MEMBER DIRECTORY, AND GLOBAL TRAINING. PUBLICATIONS - INCLUDES TECHNICAL JOURNALS, MONOGRAMS, BOOKS AND ACCESSORIES. U.S. SECTION ACTIVITY FOR MEETINGS, EDUCATIONAL COURSES, DONATIONS, SCHOLARSHIPS, AND OTHER EVENTS. 33499658 true true false false false false false false false false true false false true false false false true false true true false true false false false false false true true false false false false false false false false false false false false false true true true false false true 123 0 true 211 true true true true BR CA MY AE UK false false false false false false false false X 28 28 false false false false true true false true true false true true true true true true true true true false false CA X Steven Byrne 9729529407 222 Palisades Creek Drive Richardson TX 75080 Darcy Spady RD-Canadian -Partial Year /2018 SPE President Partial Year 1.0 X X 0 0 0 Helge Haldorsen 2015 President - Partial Year 1.0 X X 0 0 0 Janeen Judah 2017 President 1.0 X X 0 0 0 Roland Moreau VP - Finance 1.0 X X 0 0 0 Nathan Meehan 2016 President 1.0 X X 0 0 0 Trey Shaffer TD-Health, Safety, Sec, Envir 1.0 X 0 0 0 Jennifer Miskimins TD-Production and Operations 1.0 X 0 0 0 Andrei Popa RD-Western North America 1.0 X 0 0 0 Phongsthorn Thavisin RD-Northern Asia Pacific 1.0 X 0 0 0 Erin McEvers RD-Rocky Mountain N America 1.0 X 0 0 0 JC Cunha TD-Management Information 1.0 X 0 0 0 Adeyemi Akinlawon RD-Africa Region 1.0 X 0 0 0 Tom Blasingame TD-Reservoir Description & Dynamics 1.0 X 0 0 0 J Roger Hite RD-Gulf Coast North America 1.0 X 0 0 0 Khalid Zainalabedin RD-Middle East 1.0 X 0 0 0 Robert Garland RD-Eastern N America - Partial Year 1.0 X 0 0 0 Michael Tunstall RD-Mid Continent N America - Partial Year 1.0 X 0 0 0 Carlos Chalbaud RD-North Sea - Partial Year 1.0 X 0 0 0 Liu Zhenwu Director at Large - Partial Year 1.0 X 0 0 0 David Curry TD-Drilling & Completions - Partial Year 1.0 X 0 0 0 Howard Duhon TD-Facilities & Construction - Partial Year 1.0 X 0 0 0 Khaled Al-Buraik Director At-Large 1.0 X 0 0 0 Anton Ablaev RD-Russia & Caspian 1.0 X 0 0 0 Salis Aprilian RD-Southern Asia Pacific 1.0 X 0 0 0 Libby Einhorn RD-Southwestern North America 1.0 X 0 0 0 John Hoppe RD-South Asia - Partial Year 1.0 X 0 0 0 Anelise Lara RD-South America & Caribbean 1.0 X 0 0 0 Matthias Meister RD-South, Central & East Europe 1.0 X 0 0 0 Dan Hill DIRECTOR-ACADEMIA 1.0 X 0 0 0 Joe Frantz RD - Eastern North America 1.0 X 0 0 0 Karl Ludvig Heskestad RD - North Sea 1.0 X 0 0 0 Cam Matthews RD - Canadian 1.0 X 0 0 0 Chris Jenkins RD - Mid-Continent North America 1.0 X 0 0 0 Hisham Saadawi TD - Production & Facilities 1.0 X 0 0 0 Helena Wu Director At-Large 1.0 X 0 0 0 Jeff Moss TD - Drilling 1.0 X 0 0 0 Glenda Smith VP - Communications 40.0 X 233068 0 22233 John Boden VP Information and Member Services 40.0 X 247317 0 41037 Steven Byrne CFO, Dir-Business Services 40.0 X 247314 0 37136 Mark A Rubin CEO and Executive VP 40.0 X 482160 0 54199 Stephen Graham Chief Operating Officer 40.0 X 353118 0 50820 Judy Johnston General Counsel 40.0 X 211419 0 21936 Saibal Mukherjee Director Information Technology 40.0 X 186201 0 35656 John Donnelly Director- Magazines 40.0 X 184610 0 39539 Jane Boyce MD-Member Services 40.0 X 202600 0 29261 Leigh Ann Runyan Managing Director - North America 40.0 X 210238 0 31077 Alphia Payne MANAGER SALES 40.0 X 198074 0 6470 Craig Moritz ASSISTANT DIRECTOR - AMERICAS SALES & EXHIBITION 40.0 X 180560 0 38515 Kirk Colligan SR. EXHIBIT AND SPONSORSHIP SALES REPRESENTATIVE 40.0 X 173636 0 27190 Dana Griffin Print and Digital Sales Manager 40.0 X 170957 0 19939 William Furlow Senior Manager Business Development 40.0 X 162750 0 37103 Cordella Gillett Former SPE Asia Managing Director 40.0 X 288759 0 23474 3732781 0 515585 47 true true false Dubai World Trade Center Sheikh Zayed Rd Dubai AE SPE ATCE Exhibition Space Rental for SPE's Annual Technical Conference 864401 UKP Worlwide Unit 18-19 Womal Park Buckinghamshire England UK HP189JX Journal of Petroleum Technology Intl Postage 662265 Trend Offset Printing Services Inc 2323 McDaniel Drive Carrollton TX 75006 Journal of Petroleum Technology Printing Services 333713 Marriott Business Services PO Box 402642 Atlanta GA 303842642 Conference Room and Catering Charges 322017 Gearhouse LLC PO Box 53407 Dubai AE Visual and Audio Equipment Rental 302470 33 X 384039 353843 0 737882 MEETINGS 561000 18162023 18162023 PUBLICATIONS 541800 5122950 2826600 2296350 MEMBERS DUES/ASSESSMENTS 900099 8582717 8582717 US CHAPTER REVENUE 541800 3739881 3739881 MANAGEMENT FEES 900099 3230577 3230577 494647 494647 0 0 39332795 677167 0 13155 664012 314499 0 314499 0 0 4646681 1048 3513383 1133298 1048 1134346 1134346 713418 122592 590826 590826 Workers Comp Rebate 900099 27596 27596 Marketing Revenue 900099 7800 7800 9399 0 0 9399 44795 42832310 37662667 2309505 2122256 1264950 1264950 232000 232000 2920961 1567727 1345351 7883 12543140 6732107 5777182 33851 694064 372516 319675 1873 1549374 831574 713619 4181 1069446 573989 492571 2886 109232 109232 156674 156674 29364 29364 382266 205168 176067 1031 46444 0 46444 391859 210317 180484 1058 435046 233496 200376 1174 856032 459446 394276 2310 681735 365898 313997 1840 5478826 5478826 2992653 1606206 1378371 8076 87094 46745 40114 235 PUBLICATIONS 4447308 4447308 U.S. SECTIONS EXPENSES 2428247 1871073 557174 DUES & MEMBERS PROGRAMS 4904649 4904649 Global Training 224557 224557 3350286 1871106 1470563 8617 47276207 33499658 13701534 75015 600 600 905045 4863316 5694750 3726849 0 0 0 1948576 2017905 2014872 1991909 29309875 15761658 16230939 13548217 29823299 27970672 1740250 2230500 0 11061135 11454272 69419466 67804240 12225361 13348457 12401620 12204624 0 0 24626981 25553081 X 43366860 40565910 848841 1067265 576784 617984 44792485 42251159 69419466 67804240 X -4443897 962745 939826 X false true X true false X 1804074 2703264 3434812 3298148 650660 11890958 49993630 58107206 46858679 47583932 37553715 240097162 0 0 0 51797704 60810470 50293491 50882080 38204375 251988120 0 0 0 0 6265 6265 0 0 0 0 0 0 0 0 0 0 6265 6265 251981855 1029141 884637 1337562 1137667 991666 5380673 0 0 0 0 0 0 1029141 884637 1337562 1137667 991666 5380673 1139177 1101222 627177 897 9143 2877616 113839 37161 62017 46593 45843 305453 54079861 62833490 52320247 52067237 39251027 260551862 0.9671 0.9672 0.0207 0.0192 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISC. INCOME, COLUMN A - 113839.0, COLUMN B - 37161.0, COLUMN C - 62017.0, COLUMN D - 46593.0, COLUMN E - 10447.0, COLUMN F - 270057.0; DESCRIPTION - WORKERS COMP REBATE, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 27596.0, COLUMN F - 27596.0; DESCRIPTION - MARKETING REVENUE, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 7800.0, COLUMN F - 7800.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1085675 1085675 10243012 2177882 8065130 17910588 13583776 4326812 70600 70600 13548217 Interest in Net Assets of Related Foundation 11339549 Investments in Subsidiaries 114723 11454272 true East Asia and the Pacific 1 36 Program Services MEETINGS AND TRAINING COURSES 69632 Europe (Including Iceland and Greenland) 0 0 Grantmaking 47500 Middle East and North Africa 0 0 Grantmaking 17000 North America (Canada & Mexico only) 0 0 Grantmaking 30000 Russia and Neighboring States 0 0 Grantmaking 25000 South America 0 0 Program Services SPE Brazil 728643 South Asia 0 0 Grantmaking 37500 Sub-Saharan Africa 0 0 Grantmaking 30000 East Asia and the Pacific 0 0 Grantmaking 22500 South America 0 0 Grantmaking 22500 1 36 0 0 1 36 1030275 0 1030275 SCHOLARSHIPS East Asia and the Pacific 5 22500 cash payment SCHOLARSHIPS South Asia 10 37500 cash payment SCHOLARSHIPS Europe (Including Iceland and Greenland) 12 47500 cash payment SCHOLARSHIPS Middle East and North Africa 6 17000 cash payment SCHOLARSHIPS North America (Canada & Mexico only) 4 30000 cash payment SCHOLARSHIPS Russia and Neighboring States 7 25000 cash payment SCHOLARSHIPS South America 6 22500 cash payment SCHOLARSHIPS Sub-Saharan Africa 8 30000 cash payment false false true false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds Scholarships and grants made outside the united states are provided to recipients based upon stated qualifications and are monitored through required submission of grades and proof of enrollments. Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS Scholarships and grants made outside the united states are provided to recipients based upon stated qualifications and are monitored through required submission of grades and proof of enrollments. true SCHOLARSHIPS 25 155000 SECTION SCHOLARSHIPS 854 1109950 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. SCHOLARSHIPS ARE PROVIDED TO RECIPIENTS BASED UPON STATED QUALIFICATIONS, AND ARE MONITORED THROUGH REQUIRED SUBMISSION OF GRADES AND PROOF OF ENROLLMENT. X true true X X X false false false false false false false true false Glenda Smith VP - Communications 198810 0 34000 0 258 0 13262 0 8971 0 255301 0 0 0 John Boden VP Information and Member Services 208179 0 39000 0 138 0 14258 0 26779 0 288354 0 0 0 Steven Byrne CFO, Dir-Business Services 212056 0 35000 0 258 0 14606 0 22530 0 284450 0 0 0 Mark A Rubin CEO and Executive VP 407177 0 74725 0 258 0 26400 0 27799 0 536359 0 0 0 Stephen Graham Chief Operating Officer 305660 0 47200 0 258 0 20866 0 29954 0 403938 0 0 0 Judy Johnston General Counsel 188944 0 22217 0 258 0 12633 0 9303 0 233355 0 0 0 Saibal Mukherjee Director Information Technology 160677 0 25386 0 138 0 10952 0 24704 0 221857 0 0 0 John Donnelly Director- Magazines 160116 0 24236 0 258 0 11190 0 28349 0 224149 0 0 0 Jane Boyce MD-Member Services 174894 0 27310 0 396 0 11846 0 17415 0 231861 0 0 0 Leigh Ann Runyan Managing Director - North America 184813 0 25335 0 90 0 12648 0 18429 0 241315 0 0 0 Alphia Payne MANAGER SALES 94755 0 102894 0 425 0 6440 0 30 0 204544 0 0 0 Craig Moritz ASSISTANT DIRECTOR - AMERICAS SALES & EXHIBITION 168133 0 12289 0 138 0 11608 0 26907 0 219075 0 0 0 Kirk Colligan SR. EXHIBIT AND SPONSORSHIP SALES REPRESENTATIVE 59299 0 114318 0 19 0 9775 0 17415 0 200826 0 0 0 Dana Griffin Print and Digital Sales Manager 73999 0 96875 0 83 0 11235 0 8704 0 190896 0 0 0 William Furlow Senior Manager Business Development 145059 0 17564 0 127 0 10092 0 27011 0 199853 0 0 0 Cordella Gillett Former SPE Asia Managing Director 192743 0 39355 0 56661 0 2993 0 20481 0 312233 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel There is no charter travel. Directors are allowed to fly business class or first class for flights that exceed 8 hours. Senior managers can fly first or business class if the flight is over 10 hours. This is not treated as taxable income to the individual. Schedule J, Part I, Line 7 Non-fixed payments BONUS PAYMENTS ARE MADE BASED ON EXECUTIVES PERFORMANCE AGAINST THE INDIVIDUAL'S ANNUAL GOALS. A DISCRETIONARY COMPONENT MAY BE ADDED TO THE BONUS. BONUSES ARE REVIEWED BY THE COMPENSATION COMMITTEE. Form 990, Part VI, Line 15b Compensation of other Officers and Key Employees The SPE Compensation Committee annually reviews and approves salary increases for the Executive Team, which includes the CEO, COO, CFO, VP of Communications, VP of Sales and Marketing and VP of IT and Member Services. OFFICER COMPENSATION WAS REVIEWED IN THE FISCAL YEAR AND APPROVED BY THE GOVERNING BODY. While the Compensation Committee and Governing Body review and approve compensation for the positions listed above, COMPARABLE COMPENSATION INFORMATION WAS NOT USED FOR OFFICERS and Key employees. THE RESULTS OF THE REVIEW WERE CONTEMPORANEOUSLY DOCUMENTED. Form 990, Part VI, Line 6 Classes of members or stockholders The organization is organized as a nonprofit with members who, pursuant to the organization's governing documents, have the right to participate in the organization's governance. THE MEMBER RIGHTS INCLUDE: 1) TO BE REPRESENTED IN AND TO PARTICIPATE IN, THE WORK OF THE SOCIETY WITH THE RIGHT TO VOTE; 2) TO STAND FOR ELECTION, AND TO NOMINATE CANDIDATES, TO SECTION A, ALL OFFICIAL BODIES OF THE SOCIETY; 3) TO SUBMIT PROPOSALS TO THE SOCIETY AND TO OTHER BODIES OF THE SOCIETY; and 4) TO ASSEMBLE IN SECTIONS OR CHAPTERS FOR THE ENJOYMENT OF THE INDIVIDUAL MEMBERS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body See Narrative for Form 990, Part VI, Line 6 Form 990, Part VI, Line 11b Review of form 990 by governing body THE ORGANIZATION'S FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS BEFORE IT IS FILED WITH THE IRS; THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, CROWE HORWATH LLP, AND IS REVIEWED BY THE ORGANIZATION'S CFO. THE BOARD MEMBER SERVING AS VP OF FINANCE REVIEWS THE FORM 990 ON BEHALF OF THE AUDIT COMMITTEE. PRIOR TO FILING WITH THE IRS THE BOARD IS PROVIDED A COPY OF THE FINAL FORM 990 VIA POSTING TO THE BOARD WEBPORTAL. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION REGULARLY AND CONSISTENTLY ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY VIA ITS INTERNAL AUDIT PROCESSES. THE INTERNAL AUDIT DEPARTMENT MONITORS THE CONTRACTING AND DISBURSEMENT PROCESS TO ENSURE THAT NO CONTRACTS ARE ISSUED, OR PAYMENTS MADE, TO PERSONS OR ENTITIES THAT WOULD HAVE A CONFLICT OF INTEREST. SPE HAS A POLICY PROHIBITING CONFLICTS OF INTEREST. BOARD MEMBERS AND DIRECTORS OF THE ORGANIZATION ARE AWARE OF THE POLICY AND HAVE AGREED TO ABIDE BY IT. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE SPE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS, ALL WHICH ARE INDEPENDENT, annually REVIEWS and approves ALL SALARY INCREASES FOR EXECUTIVE DIRECTOR AND STAFF DIRECTORS BASED ON SURVEY DATA. THE RESULTS OF THE DELIBERATIONS ARE DOCUMENTED contemporaneously BY THE COMMITTEE. Form 990, Part VI, Line 19 Required documents available to the public OVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Form 990, Part VIII, Line 2f Other Program Service Revenue Continuing Education - Total Revenue: 494647, Related or Exempt Function Revenue: 494647, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue other revenue - Total Revenue: 9399, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 9399; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in Net Asset of Related Foundation - 953414; Capital Adjustment - -13588; SPE EUROPE LTD 40/44 CLIPSTONE STREET LONDON UK W1W5DW EUROPE REGIONAL OFFICE OF SPE UK 501(c)(3) 11 SOCIETY OF PETROLEUM ENGINEERS INC true SPE CANADA 1410 715 - 5th Ave SW CALGARY ALBERTA CA T2P2X6 CANADA REGIONAL OFFICE OF SPE CA 501(c)(3) 11 SOCIETY OF PETROLEUM ENGINEERS INC true SPE MIDDLE EAST 31ST FLOOR FORTUNE TOWER JLT DUBAI AE MIDDLE EAST, NORTH AFRICA, SOUTH ASIA REGIONAL OFFICE OF SPE AE 501(c)(3) 11 SOCIETY OF PETROLEUM ENGINEERS STICHTING false SPE Asia Pacific (M) SDN Bhd LEVEL 35 GARDENS SOUTH TOWER KUALA LUMPUR MY MALAYSIA REGIONAL OFFICE OF SPE MY SOCIETY OF PETROLEUM ENGINEERS INC C Corporation 87614 2893155 1 true SPE BRASIL EVENTOS LTDA RUA TEIXEIRA DE FREITAS 31 RIO DE JANEIRO CEP BR 20021902 EVENTS AND CONFERENCES BR SOCIETY OF PETROLEUM ENGINEERS INC C Corporation -77394 1394869 0.999 true false false true false false false false false false false false true true false false true true false true SOCIETY OF PETROLEUM ENGINEERS EUROPE LTD Q 102435 Accrual SOCIETY OF PETROLEUM ENGINEERS EUROPE LTD P 491107 ACCRUAL SPE CANADA Q 115998 ACCRUAL SPE CANADA P 90933 ACCRUAL SPE ASIA PACIFIC SDN BHD Q 188465 ACCRUAL SPE ASIA PACIFIC SDN BHD P 167269 ACCRUAL