2016-11-14T12:47:35-06:00 2015-12-31 161692193 LINDA A HAMILTON CPA PLLC 555 FIFTH AVE FL 15 NEW YORK NY 10017 990 2015-01-01 134068968 WOMEN PRESIDENTS' EDUCATIONAL ORGANIZATION INC WOME 2126884114 155 EAST 55TH STREET 4H NEW YORK NY 10022 MARSHA FIRESTONE PHD PRESIDENT 2126884114 2016-11-11 true LINDA HAMILTON CPA P00294941 2128502521 2016-11-13 X 2015 2017-02-10 21:41:12Z MARSHA FIRESTONE PHD 1857234 false X WWW.WPEO.US X 1999 NY ADVANCE EQUAL OPPORTUNITIES FOR WOMEN-OWNED BUSINESSES. 17 16 22 0 702156 792891 773507 846038 25669 18708 0 1501332 1657637 0 0 864424 898716 0 145499 523672 624114 1388096 1522830 113236 134807 1150821 1327400 173244 234226 977577 1093174 X ADVANCE EQUAL OPPORTUNITIES FOR WOMEN-OWNED BUSINESSES. false false 476769 63938 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 2015, WPEO HELD 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 36,204 USED FOR PROGRAM SERVICES. 376137 782100 THE ORGANIZATION CERTIFIES WOMEN-OWNED BUSINESSES WHICH IS INTENDED TO INCREASE OPPORTUNITIES AND LEVEL THE PLAYING FIELD FOR WOMEN-OWNED BUSINESSES. IN 2015, THE ORGANIZATION PROCESSED 2,000 APPLICATIONS FOR CERTIFICATION IN THE NEW YORK AND DISTRICT OF COLUMBIA REGIONS. 135434 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 2015, THE DC 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. 134434 THE ORGANIZATION PUBLISHES A QUARTERLY NEWSLETTER TO EDUCATE WOMEN-OWNED BUSINESSES ABOUT INCREASING THEIR OPPORTUNITIES, CIRCULATION IS APPROXIMATELY 2000. 134434 1122774 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 false false false false false false false false false false false false false false false false false false true 9 0 true 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 122138 0 25242 LYNN A BOCCIO PAST CHAIR 1.00 X 0 0 0 AVIS YATES RIVERS VICE CHAIR 1.00 X X 0 0 0 GWENDOLYN TURNER IMMEDIATE PA 1.00 X X 0 0 0 LYNNE MARIE FINN VICE CHAIR 1.00 X X 0 0 0 MELANI WILSON SMITH DIRECTOR 1.00 X 0 0 0 BETH CANNING DIRECTOR 1.00 X 0 0 0 REGINA EDWARDS JD 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 CINDY HEADEN 122015 END DIRECTOR 1.00 X 0 0 0 DIANA DOMENECH MOTT DIRECTOR 1.00 X 0 0 0 SUSAN FEINER DIRECTOR 1.00 X 0 0 0 JACQUELINE SMITH DIRECTOR 1.00 X 0 0 0 SHANNON L VENABLE 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 SANDRA EBERHARD REGIONAL EXE 35.00 X 107137 0 0 229275 25242 2 false false false 792891 792891 CERTIFICATION FEES 782100 782100 PROGRAM INCOME 63938 63938 846038 16576 16576 195910 5819 199597 -3687 5819 2132 -3687 5819 1657637 842351 22395 147380 110535 22107 14738 603387 448653 79596 75138 12185 7864 2067 2254 76982 59420 7818 9744 58782 43757 8077 6948 18472 7100 11197 175 23941 23941 52058 52058 7611 7611 14514 14514 60944 46410 8547 5987 6764 5047 898 819 189997 150716 26192 13089 52032 52032 171565 171565 20617 15463 3505 1649 5549 4162 943 444 DONATION 50 50 1522830 1122774 254557 145499 299991 282245 85061 229540 57201 39579 90962 77138 34441 13824 662173 750863 11954 11349 1150821 1327400 28592 45319 132698 165558 11954 23349 173244 234226 X 977577 1093174 977577 1093174 1150821 1327400 134807 -19211 1 X false true X true false X 585054 702156 792891 2080101 788411 773507 846038 2407956 1373465 1475663 1638929 4488057 4488057 12166 16193 16576 44935 12166 16193 16576 44935 1385631 1491856 1655505 4532992 0.99010 0.99010 0.01000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40962 27138 13824 50000 50000 13824 DEFERRED COMPENSATION PLAN LIABILITY 23349 23349 1674630 -19211 36204 16993 1657637 1657637 1559033 36204 36204 1522829 1 1 1522830 SCHEDULE D, PAGE 4, PART XII, LINE 4B BOOK / TAX DEPRECIATION DIFFERENCE 1 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. FORM 990, PAGE 6, PART VI, LINE 4 CHANGES WERE MADE TO THE ORGANIZATIONS BYLAWS AND BY NEW BOARD RESOLUTIONS TO ADDRESS AND COMPLY WITH CHANGES IN NEW YORK NON-PROFIT CORPORATION LAW THAT WERE MADE BY THE NEW YORK NON-PROFIT REVITALIZATION ACT OF 2013 (THE NPRA). MANY OF THE CHANGES WERE PROCEDURAL, IMPLEMENTING PROVISIONS FROM THE NPRA THAT MODERNIZE PROCEDURES FOR PROVIDING NOTICES, OBTAINING WAIVERS OR CONSENTS, OR DELIVERING MEMBER PROXIES, BY PERMITTING THEM TO BE PROVIDED ELECTRONICALLY AS LONG AS CERTAIN CONDITIONS ARE MET. IN ADDITION, SOME CHANGES IN THE NATURE OF TECHNICAL CLEAN-UP WERE MADE. HOWEVER, THE FOLLOWING SIGNIFICANT CHANGES WERE MADE: 1. THE BYLAWS WERE AMENDED TO PROVIDE DETAILED RULES BY WHICH MEMBERS COULD GRANT AND PROVIDE PROXIES FOR MEMBER VOTING. THESE CHANGES MIRROR THE SPECIFIC NEW RULES THAT WERE PROVIDED BY THE NPRA. ARTICLE I, SECTION 6(H) 2. BOARD QUORUM AND VOTING REQUIREMENTS WERE CHANGED TO SPECIFY THE ACTIONS BY THE BOARD THAT, UNDER THE NEW REQUIREMENTS ENACTED BY THE NPRA, MAY BE TAKEN ONLY WITH A MAJORITY OR TWO-THIRDS OF THE ENTIRE BOARD, SUCH AS FILLING VACANCIES ON THE BOARD (MAJORITY) OR SELLING SUBSTANTIALLY ALL OF THE ORGANIZATIONS ASSETS (TWO-THIRDS) ARTICLE II, SECTION 5 3. THE PROVISION OF THE BYLAWS PERMITTING THE BOARD TO REMOVE A DIRECTOR FOR CAUSE WAS AMENDED TO CLARIFY THAT, CONSISTENT WITH THE REQUIREMENTS OF THE NPRA, SUCH ACTION COULD BE TAKEN ONLY IF A QUORUM OF NOT LESS THAN A MAJORITY OF THE ENTIRE BOARD WAS PRESENT. ARTICLE II, SECTION 9 4. THE PROVISION OF THE BYLAWS AUTHORIZING THE BOARD TO ESTABLISH COMMITTEES OF THE BOARD WAS AMENDED TO PROVIDE THAT, CONSISTENT WITH THE REQUIREMENTS OF THE NPRA, (I) ONLY INDEPENDENT DIRECTORS MAY SERVE ON THE AUDIT COMMITTEE, AND (II) NO COMMITTEE OF THE BOARD WOULD HAVE THE POWER TO FIX THE COMPENSATION OF DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE. ARTICLE III, SECTION 1 5. THE BYLAWS WERE AMENDED TO REQUIRE THE BOARD (I) TO ESTABLISH AND FROM TIME TO TIME REVISE AS NECESSARY, APPROPRIATE OR DEEMED ADVISABLE, A CONFLICT OF INTEREST POLICY TO ENSURE THAT THE ORGANIZATIONS DIRECTORS, OFFICERS AND KEY EMPLOYEES (IF ANY) ACT IN THE ORGANIZATIONS BEST INTEREST AND COMPLY WITH APPLICABLE LEGAL REQUIREMENTS, INCLUDING BUT NOT LIMITED TO APPLICABLE REQUIREMENTS SET FORTH IN THE NEW YORK NON-PROFIT CORPORATION LAW AND APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE SERVICE, AND (II) TO COMPLY WITH THE LEGAL REQUIREMENTS AND PROCEDURES GOVERNING RELATED PARTY TRANSACTIONS SET FORTH IN THE NEW YORK NON-PROFIT CORPORATION LAW. NEW ARTICLE IV OF THE BYLAWS 6. PURSUANT TO ARTICLE IV OF THE BYLAWS, THE BOARD ADOPTED A NEW, DETAILED CONFLICT OF INTEREST AND RELATED PARTY TRANSACTION POLICY REQUIRING, AMONG OTHER THINGS, ANNUAL REPORTING OF POTENTIAL CONFLICTS OF INTEREST AND TIMELY DISCLOSURE OF ANY CONFLICTS OF INTEREST IN MATTERS BEFORE THE BOARD. 7. THE AMENDMENT PROVISION OF THE BYLAWS WAS AMENDED, CONSISTENT WITH THE REQUIREMENTS OF THE NPRA, TO CLARIFY THAT ANY ADDITION OR DELETION OF, OR AMENDMENT TO, A PROVISION OF THE CERTIFICATE OF INCORPORATION OR THE BYLAWS THAT ESTABLISHES A QUORUM OR VOTING REQUIREMENT FOR A SPECIFIC ACTION THAT IS GREATER THAN THE MINIMUM QUORUM OR VOTING REQUIREMENTS REQUIRED BY THE NEW YORK NON-PROFIT LAW FOR SUCH ACTION WILL REQUIRE THE APPROVAL OF TWO-THIRDS OF THE ENTIRE BOARD OR SUCH HIGHER PERCENTAGE AS IS SPECIFIED IN THE PROVISION, IF ANY, TO BE DELETED OR AMENDED, AS APPLICABLE IN THE CIRCUMSTANCES. ARTICLE XI (B) 8. FINALLY, BY RESOLUTION OF THE BOARD, THE OLD CHARTER OF THE ORGANIZATIONS AUDIT COMMITTEE WAS REPLACED WITH A NEW, UPDATED CHARTER REFLECTING THE NEW STANDARDS AND REQUIREMENTS APPLICABLE TO THE AUDIT COMMITTEE UNDER THE NPRA. 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 67 VERONICA AVE 14 SOMERSET, NJ 08873 LYNNE MARIE FINN SUPERIOR WORKFORCE 250 INTERNATIONAL WILLIAMSVILLE, NY 14221 MELANI WILSON SMITH MONDELEZ INTL 100 DEFOREST AVE EAST HANOVER, NJ 07936 BETH CANNING PRUDENTIAL 213 WASHINGTON ST MEZZ NEWARK, NJ 07102 REGINA EDWARDS JD CAPITAL ONE 1680 CAPITAL ONE DR1400 MCLEAN, VA 22102 JENNIFER COLLINS EVENT PLAN 7910 WOODMONT AVE310 BETHESDA, MD 20814 ELISEO ROJAS INTERPUBLIC 622 THIRD AVE 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 10045 CINDY HEADEN (12/2015 END) PEPSICO, 1 PEPSI WAY SOMERS, NY 10589 DIANA DOMENECH MOTT AIG, 80 PINE STREET NEW YORK, NY 10005 SUSAN FEINER CAPITAL ONE, 15000 CAPITAL ONE RICHMOND, VA 23238 JACQUELINE SMITH NEW KENT COATINGS, 6540 EMMAUS CHURC PROVIDENCE FORGE, VA 23140 SHANNON L. VENABLE DOMINION RESOURCE SVCS, 120 TREDEGAR RICHMOND, VA 23219 FERNANDO HERNANDEZ MICROSOFT CORP, 1 MICROSOFT WAY REDMAN, WA 98052 ROSE HATCHER AETNA, 6516 OAKLAND PLACE RICHMOND, VA 23231 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 TOTAL 1