2018-11-15T13:41:41-05:00 2017-12-31 161692193 LINDA A HAMILTON CPA PLLC 1120 AVENUE OF AMERICAS FL 4TH NEW YORK NY 10036 990 2017-01-01 134068968 WOMEN PRESIDENTS' EDUCATIONAL ORGANIZATION INC WOME 2126884114 155 EAST 55TH STREET 4H NEW YORK NY 10022 MARSHA FIRESTONE PHD PRESIDENT 2126884114 2018-11-15 true LINDA HAMILTON CPA P00294941 2128502521 2018-11-15 X 167.68.16.49 2018-11-15 12:41:41 CS P B3378FDA7FD6FCE78EA220F1EB933BEC585536A3 9691F487A10ECCF6665C2CD476DA4D8C02BA873D 2017 2018-06-14 16:35:46Z MARSHA FIRESTONE PHD 2016603 false X WWW.WPEO.US X 1999 NY ADVANCE EQUAL OPPORTUNITIES FOR WOMEN-OWNED BUSINESSES. 17 16 22 0 798901 824076 814853 993428 20615 39959 0 1634369 1857463 0 0 1015798 1136683 0 127165 661801 677169 1677599 1813852 -43230 43611 1332475 1526110 258443 325249 1074032 1200861 X ADVANCE EQUAL OPPORTUNITIES FOR WOMEN-OWNED BUSINESSES. false false 473029 39063 THE ORGANIZATION ("WPEO")HOLDS EDUCATIONAL SEMINARS & WORKSHOPS FOR WOMEN- OWNED BUSINESSES IN THE PRIVATE SECTOR TO PROMOTE HOW TO DEVELOP EQUAL OPPORTUNITIES AND NEW MARKETS. IN 2017, WPEO HELD APPROX 30 EDUCATIONAL SEMINARS & WORKSHOPS IN THE DC REGION SERVING APPROXIMATELY 3,000 ATTENDEES. WPEO ALSO HELD 30 SEMINARS/WORKSHOPS IN THE NEW YORK REGION SERVING APPROXIMATELY 4,000 ATTENDEES. THE ORGANIZATION RECEIVED DONATED SERVICES AND THE USE OF MATERIALS, REFRESHMENTS & FACILITIES FOR A TOTAL VALUE OF 50,683 USED FOR PROGRAM SERVICES. 570922 954365 THE ORGANIZATION CERTIFIES WOMEN-OWNED BUSINESSES WHICH IS INTENDED TO INCREASE OPPORTUNITIES AND LEVEL THE PLAYING FIELD FOR WOMEN-OWNED BUSINESSES. IN 2017, THE ORGANIZATION PROCESSED OVER 2,000 APPLICATIONS FOR CERTIFICATION IN THE NEW YORK AND DISTRICT OF COLUMBIA REGIONS. 172093 THE ORGANIZATION PARTICIPATES IN VARIOUS PUBLIC SEMINARS AND CONFERENCES BY PROVIDING PROFESSIONAL SPEAKERS TO EDUCATE WOMEN- OWNED BUSINESSES ABOUT EQUAL OPPORTUNITIES AND CONNECTING WOMENS BUSINESS ENTERPRISES WITH SUCH OPPORTUNITIES IN THE PRIVATE AND PUBLIC SECTORS. IN 2017, THE DC EXECUTIVE DIRECTOR, THE NY EXECUTIVE DIRECTOR, AND THE ORGANIZATION'S PRESIDENT PARTICIPATED IN AT LEAST ONE PUBLIC SEMINAR EVERY MONTH. OUTREACH PROGRAMS REACHED OVER 6,000 PEOPLE DURING THE YEAR. THE REGIONAL DIRECTOR ALSO PROVIDED AT LEAST ONE OUTREACH PROGRAM PER MONTH. 172092 THE ORGANIZATION PUBLISHES A QUARTERLY NEWSLETTER TO EDUCATE WOMEN-OWNED BUSINESSES ABOUT INCREASING THEIR OPPORTUNITIES, CIRCULATION IS APPROXIMATELY 2000. THE ORGANIZATION OFFERED THE SAGE ADVICE PROGRAM, SERVING 25 WOMEN IN START-UP AND YOUNG BUSINESS PHASES WHO NEED TO LEARN SKILLS AROUND BUDGETING, INSURANCE, SALES AND MARKETING, AND BUSINESS PLANNING. 172092 1388136 true true false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 10 0 22 true false false false false false true true false false false false false false X 17 16 false false true false false false false true true true false true true true true true true true true false NY X THE ORGANIZATION 2126884114 155 E 55TH ST 4H NEW YORK NY 10022 MARSHA FIRESTONE PHD PRESIDENT 35.00 X X 147143 0 19412 LYNN A BOCCIO PAST CHAIR 1.00 X 0 0 0 AVIS YATES RIVERS VICE CHAIR 1.00 X X 0 0 0 LYNNE MARIE FINN VICE CHAIR 1.00 X X 0 0 0 BETH CANNING DIRECTOR 1.00 X 0 0 0 JENNIFER COLLINS DIRECTOR 1.00 X 0 0 0 ELISEO ROJAS CHAIR 1.00 X X 0 0 0 BEVERLY BEV JENNINGS DIRECTOR 1.00 X 0 0 0 I JAVETTE HINES DIRECTOR 1.00 X 0 0 0 DIANA DOMENECH MOTT SECRETARY -T 1.00 X 0 0 0 SUSAN FEINER DIRECTOR 1.00 X 0 0 0 JACQUELINE SMITH DIRECTOR 1.00 X 0 0 0 FERNANDO HERNANDEZ DIRECTOR 1.00 X 0 0 0 ROSE HATCHER DIRECTOR 1.00 X 0 0 0 DEREK CANTEY DIRECTOR 1.00 X 0 0 0 MARY MCEVOY DIRECTOR 1.00 X 0 0 0 LISA M HICKS-THOMAS DIRECTOR 1.00 X 0 0 0 ROSALIE STACKMAN EDSON DIRECTOR 1.00 X 0 0 0 TONIA WOODBURY DIRECTOR 1.00 X 0 0 0 CAMILLE BURNS 416 START EXECUTIVE VP 1.00 X 74086 0 2250 SANDRA EBERHARD REGIONAL EXE 35.00 X 117708 0 3515 338937 25177 2 false true false 824076 824076 CERTIFICATION FEES 954365 954365 PROGRAM INCOME 39063 39063 993428 22579 22579 164876 11644 159140 5736 11644 17380 -187 17567 1857463 993241 40146 243526 174503 52813 16210 689512 551963 72536 65013 15937 13037 1089 1811 117499 95365 9734 12400 70209 55062 8908 6239 15267 1209 14058 17043 17043 84238 9935 69004 5299 9041 9041 11346 11346 94783 75494 14510 4779 6578 5761 481 336 217604 181932 21007 14665 64815 64815 145892 144673 1219 3951 3041 497 413 6611 6611 1813852 1388136 298551 127165 219376 287001 163096 173490 41329 37679 90962 85037 9874 5925 886447 991217 12353 30798 1332475 1526110 56520 60857 177570 236705 24353 27687 258443 325249 X 1074032 1200861 1074032 1200861 1332475 1526110 43611 83217 1 X false true X true false X 585054 702156 792891 798901 824076 3703078 788411 773507 846038 814853 993428 4216237 1373465 1475663 1638929 1613754 1817504 7919315 7919315 12166 16193 16576 20626 22579 88140 12166 16193 16576 20626 22579 88140 1385631 1491856 1655505 1634380 1840083 8007455 0.98900 0.98960 0.01000 0.01000 X 40962 35037 5925 50000 50000 5925 DEFERRED COMPENSATION PLAN LIABILITY 27687 27687 1991363 83217 50683 133900 1857463 1857463 1864534 50683 50683 1813851 1 1 1813852 SCHEDULE D, PAGE 4, PART XII, LINE 4B BOOK / TAX DEPRECIATION DIFFERENCE 1 false true false false false false false false false MARSHA FIRESTONE PHD PRESIDENT 121500 11453 14190 19412 9134 166555 13499 SCHEDULE J, PAGE 1, PART I, LINE 4 MARSHA FIRESTONE PHD 0 15,000 0 FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS CONDUCT SITE VISITS AND SERVE ON THE CERTIFICATION AND APPEALS COMMITTEES. FORM 990, PAGE 2, PART III, LINE 4D THE ORGANIZATION PUBLISHES A QUARTERLY NEWSLETTER TO EDUCATE WOMEN-OWNED BUSINESSES ABOUT INCREASING THEIR OPPORTUNITIES, CIRCULATION IS APPROXIMATELY 2000. THE ORGANIZATION OFFERED THE SAGE ADVICE PROGRAM, SERVING 25 WOMEN IN START-UP AND YOUNG BUSINESS PHASES WHO NEED TO LEARN SKILLS AROUND BUDGETING, INSURANCE, SALES AND MARKETING, AND BUSINESS PLANNING. FORM 990, PAGE 6, PART VI, LINE 4 FORM 990, PART IV, LINE 4 - SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS CHANGES WERE MADE TO THE ORGANIZATION'S BYLAWS AND TO THE ORGANIZATION'S POLICY REGARDING CONFLICT OF INTEREST AND RELATED PARTY TRANSACTIONS (THE "COI POLICY") IN ORDER TO ADDRESS AND COMPLY WITH THE 2016 AMENDMENT TO THE NEW YORK STATE NONPROFIT REVITALIZATION ACT OF 2013 (THE "NPRA"). MANY OF THE CHANGES TO THE BYLAWS UPDATE PROCEDURES FOR VOTING AND REQUIREMENTS FOR TAKING CERTAIN BOARD ACTIONS; THESE CHANGES ALSO ADDRESS CHANGES TO THE COI POLICY AS REQUIRED BY THE NPRA. THE CHANGES TO THE COI POLICY UPDATE TERMINOLOGY AND VERBIAGE AS REQUIRED BY THE NPRA, DEFINE RELATED PARTY TRANSACTIONS, AND UPDATE CERTAIN PROCEDURES UNDER THE COI POLICY. THE FOLLOWING SPECIFIC SIGNIFICANT CHANGES WERE MADE: 1.THE APPOINTMENT PROCEDURE FOR MEMBERS OF THE EXECUTIVE COMMITTEE OR A SIMILAR BOARD COMMITTEE WAS UPDATED TO REQUIRE A MAJORITY OF THE ENTIRE BOARD MAKE THE APPOINTMENT. FURTHER, THE REQUIREMENT WAS ADDED THAT AT LEAST THREE-QUARTERS OF THE DIRECTORS PRESENT AT THE TIME OF THE VOTE MUST MAKE THE APPOINTMENT, IF THE BOARD HAS MORE THAN 30 MEMBERS AND IF A QUORUM IS PRESENT. BOARD COMMITTEES WERE ALSO RESTRICTED FROM TAKING CERTAIN ENUMERATED ACTIONS ON THEIR OWN (ARTICLE II, SECTION 12). 2.THE COI POLICY HAS BEEN UPDATED IN ACCORDANCE WITH THE NPRA. AS SUCH, REFERENCES TO THE SAME WERE APPROPRIATELY UPDATED IN THE BYLAWS (ARTICLE III, SECTION 1). 3.THE BOARD MAY NOW APPOINT DIRECTORS TO SERVE AS EX-OFFICIO MEMBERS OF BOARD COMMITTEES EVEN IF SUCH DIRECTORS HOLD OTHER POSITIONS WITHIN THE CORPORATION (ARTICLE IV, SECTION 3). 4.THE CHAIR OR CHAIR-ELECT OF THE BOARD MAY BE AN EMPLOYEE OF THE CORPORATION IF TWO-THIRDS OF THE BOARD APPROVES SUCH EMPLOYEE SERVING AS CHAIR OR CHAIR-ELECT AND THE BASIS FOR APPROVAL IS CONTEMPORANEOUSLY DOCUMENTED IN WRITING. NO SUCH EMPLOYEE WILL BE CONSIDERED AN INDEPENDENT DIRECTOR (ARTICLE IV, SECTION 3). 5.TERMS CONTAINED IN THE COI POLICY WERE UPDATED TO BE IN ACCORDANCE WITH TERMINOLOGY IN THE NPRA. 6.THE COI POLICY ADDED A NEW PARAGRAPH TO PROVIDE CERTAIN ENUMERATED TRANSACTIONS WHICH WILL NOT BE CONSIDERED RELATED PARTY TRANSACTIONS ((I) DE MINIMIS TRANSACTIONS, (II) TRANSACTIONS NOT CUSTOMARILY REVIEWED BY THE BOARD IN THE ORDINARY COURSE OF BUSINESS AND AVAILABLE TO OTHERS ON THE SAME/SIMILAR TERMS, OR (III) TRANSACTIONS BENEFITING RELATED PARTIES SOLELY AS MEMBERS OF THE CLASS OF BENEFICIARIES THE CORPORATION INTENDS TO BENEFIT) (COI POLICY, ARTICLE III). 7.THE DEFINITION OF "KEY PERSON" WAS ADDED TO THE COI POLICY (COI POLICY, ARTICLE III). 8.THE DEFINITION OF "INDEPENDENT DIRECTOR" WAS ADDED TO THE COI POLICY (COI POLICY ARTICLE IV, PARAGRAPH 6). 9.THE PROCEDURE FOR BOARD DELIBERATION UPON A RELATED PARTY TRANSACTION WAS UPDATED TO BE IN AGREEMENT WITH THE NPRA; SPECIFICALLY, THE BOARD MINUTES REGARDING SUCH DELIBERATION WILL PROVIDE THAT THE BOARD IDENTIFIED AND CONSIDERED ALTERNATIVE FACTS AND THAT IF THE BOARD APPROVES THE TRANSACTION, IT FOUND THE TRANSACTION TO BE FAIR, REASONABLE, AND IN THE CORPORATION'S BEST INTEREST (ARTICLE IV, PARAGRAPH 9). FORM 990, PAGE 6, PART VI, LINE 9 LYNN A. BOCCIO AVIS BUDGET GRP PO BOX 4319 HUNTINGTON, NY 11743 AVIS YATES RIVERS TECH. CONCEPTS GROUP, INTL SOMERSET, NJ 08873 LYNNE MARIE FINN SUPERIOR WORKFORCE 250 INTERNATIONAL WILLIAMSVILLE, NY 14221 BETH CANNING PRUDENTIAL 100 MULBERRY STREET NEWARK, NJ 07102 JENNIFER COLLINS EVENT PLAN 7910 WOODMONT AVE310 BETHESDA, MD 20814 ELISEO ROJAS INTERPUBLIC GROUP 909 THIRD AVENUE NEW YORK, NY 10017 BEVERLY (BEV) JENNINGS JOHNSON & JOHNSON 199 GRANDVIEW RD SKILLMAN, NJ 08558 I. JAVETTE HINES CITIGROUP 111 WALL ST, 6TH FL NEW YORK, NY 10005 DIANA DOMENECH MOTT AIG, 101 HUDSON STREET, 28TH FL JERSEY CITY, NJ 07302 SUSAN FEINER CAPITAL ONE, 15000 CAPITAL ONE RICHMOND, VA 23238 JACQUELINE SMITH NEW KENT COATINGS, 6540 EMMAUS CHURC PROVIDENCE FORGE, VA 23140 FERNANDO HERNANDEZ MICROSOFT CORP, 1 MICROSOFT WAY REDMAN, WA 98052 ROSE HATCHER AETNA, 151 FARMINGTON AVE, RW3H HARTFORD, CT 06156 DEREK CANTEY 401 S TRYON ST, 24TH FLOOR CHARLOTTE, NC 28202 MARY MCEVOY 700 ANDERSON HILL ROAD PURCHASE, NY 10577 LISA M. HICKS-THOMAS 120 TREDGAR STREET, RIVERSIDE 6 RICHMOND, VA 23219 FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE COMMITTEE IS PROVIDED WITH A REVIEW CHECKLIST AND A COPY OF FORM 990 PRIOR TO FILING WITH IRS. IN ADDITION, THE ORGANIZATION'S TAX PREPARER IS AVAILABLE FOR QUESTIONS FROM ALL BOARD MEMBERS. A COPY IS ALSO PROVIDED TO THE ENTIRE GOVERNING BOARD. FORM 990, PAGE 6, PART VI, LINE 12C ALL OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. IN ADDITION, BOARD MEMBERS ARE ASKED TO AFFIRMATIVELY CONFIRM THAT NO CONFLICTS EXISTED. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION COMMITTEE IS A STANDING COMMITTEE OF THE BOARD. THE CHAIR OF THE GOVERNING BOARD IS ALSO THE CHAIR OF THE EXECUTIVE COMMITTEE AND THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEES RESPONSIBILITY IS TO DISCHARGE THE BOARDS RESPONSIBILITY FOR DETERMINING THE ADEQUACY AND REASONABLENESS OF COMPENSATION PAID TO THE PRESIDENT AND OTHER DISQUALIFIED PERSONS, IF ANY, UNDER SECTION 4958 OF THE INTERNAL REVENUE CODE. THE ORGANIZATION ENGAGED THE FIRM OF TOWERS WATSON, A CONSULTING COMPANY SPECIALIZING IN EXECUTIVE COMPENSATION, TO PREPARE A REPORT INCLUDING COMPARABLE DATA FOR EXECUTIVES IN COMPARABLE POSITIONS. THE CEO'S COMPENSATION WAS REVIEWED BY THE COMPENSATION COMMITTEE BASED UPON TOWERS WATSON'S COMPENSATION REPORT AND RECOMMENDATIONS SUBMITTED TO THE EXECUTIVE COMMITTEE FOR INCLUSION IN THE ANNUAL BUDGET TO BE APPROVED BY THE GOVERNING BOARD. NO PERSONS WITH A CONFLICT OF INTEREST WERE INVOLVED IN THE COMPENSATION PROCESS. FORM 990, PAGE 6, PART VI, LINE 15B THE COMPENSATION COMMITTEE APPROVES COMPENSATION OF THE CEO AND ANY DISQUALIFYING PERSONS. THE PRESIDENT IS RESPONSIBLE FOR DETERMINING THE COMPENSATION FOR ALL OTHER EMPLOYEES. COMPENSATION FOR SUCH EMPLOYEES IS RECOMMENDED TO THE EXECUTIVE COMMITTEE FOR INCLUSION IN THE ANNUAL BUDGET TO BE APPROVED BY THE GOVERNING BOARD. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY AND FINANCIAL STATEMENTS ARE AVAILABE UPON REQUEST. FORM 990, PART XI, LINE 9 BOOK / TAX DEPRECIATION DIFFERENCE 1