2014-11-17T09:02:35-06:00 2013-12-31 521511275 RAFFA PC 1899 L STREET NW SUITE 900 WASHINGTON DC 20036 990 2013-01-01 510182830 HUMAN RESOURCE CERTIFICATION INSTITUTE HUMA 5715516700 1725 DUKE STREET ALEXANDRIA VA 22314 AMY SCHABACKER DUFRANE DIRECTOR OF FINANCE 5715516700 2014-11-17 1 FRANK H SMITH P00639053 2028225000 2014-10-21 2013 2015-11-30 17:44:51Z X AMY SCHABACKER DUFRANE 1725 DUKE STREET ALEXANDRIA VA 22314 36457727 0 X WWW.HRCI.ORG X 1979 DC ESTABLISH AND MAINTAIN PROFESSIONAL STANDARDS IN THE FIELD OF HUMAN RESOURCE MANAGEMENT. 16 16 57 279 5551 -42917 0 0 12779370 14719128 2006494 2305752 59598 191542 14845462 17216422 750000 750000 0 0 5062671 5478407 0 0 0 8867582 10309512 14680253 16537919 165209 678503 36653052 41618617 6288780 6428163 30364272 35190454 THE HR CERTIFICATION INSTITUTE (THE INSTITUTE) DEVELOPS AND DELIVERS CREDENTIALING PROGRAMS TO VALIDATE MASTERY IN THE FIELD OF HUMAN RESOURCE MANAGEMENT AND TO PROMOTE ORGANIZATIONAL EFFECTIVENESS. 0 0 10231016 14719128 THE INSTITUTE CONDUCTS CERTIFICATION EXAMINATIONS IN ORDER TO RECOGNIZE PROFESSIONALS IN THE FIELD WHO HAVE MASTERED THE BODY OF KNOWLEDGE IN HUMAN RESOURCE MANAGEMENT. THESE EXPENSES ARE RELATED TO THE EXAM DEVELOPMENT AND ADMINISTRATION OF SIX CREDENTIALS. TWO NEW GLOBAL CERTIFICATIONS WERE LAUNCHED IN 2013. THE INSTITUTE UTILIZES PROFESSIONAL EXAMINATION COMPANIES TO VALIDATE THE EXAMS AND SUBJECT MATTER EXPERTS TO PREPARE THE CONTENT. 372147 54245 THE INSTITUTE PRODUCES PUBLICATIONS AS A MEANS OF DISSEMINATING RELEVANT MANAGEMENT RESEARCH STUDY INFORMATION TO THE PUBLIC (COST OF GOODS SOLD RELATED TO SUCH PUBLICATIONS IS EXCLUDED FROM EXPENSES REPORTED HERE AND REPORTED ON PAGE 9 OF THE FORM 990). 750000 750000 AS PART OF THE INSTITUTE'S MISSION TO FURTHER ESTABLISH AND MAINTAIN PROFESSIONAL STANDARDS, CONTRIBUTIONS WERE MADE TO THE SHRM FOUNDATION TO SUPPORT THEIR WORK ON CONDUCTING RESEARCH STUDIES IN THE FIELD OF HR MANAGEMENT AND IN SUPPORT OF THEIR PERMANENT ENDOWMENT. 11353163 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 57 1 1 1 1 CJ 0 0 0 0 0 0 0 0 X 16 16 0 1 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LISA STOVER 5715516712 1725 DUKE STREET ALEXANDRIA VA 22314 CLARISSA A PETERSON SPHR GPHR CHAIR 1.00 X X 0 0 0 GARDINER HEMPEL JR CPA GPHR PAST CHAIR 1.00 X X 0 0 0 KAREN BENNETT SPHR GPHR CCP SECRETARY/TREASURER 1.00 X X 0 0 0 O DAVID JACKSON SPHR PMP MBA STRATEGY CHAIR 1.00 X X 0 0 0 MANJUSHREE M BADLANI MA SPHR DIRECTOR 1.00 X 0 0 0 BRIAN BAXTER MPA SPHR DIRECTOR 1.00 X 0 0 0 RONNIE E CHARLES SPHR GPHR IPMA-C DIRECTOR 1.00 X 0 0 0 ANGELES CORDOVA MBA PHR DIRECTOR 1.00 X 0 0 0 DAVID CUTBIRTH PE LEED AP PUBLIC MEMBER 1.00 X 0 0 0 IONA HARDING SPHR GPHR DIRECTOR 1.00 X 0 0 0 HANK JACKSON CPA EX OFFICIO MEMBER 1.00 X 0 0 0 JAMES A LEWIS SPHR GPHR DIRECTOR 1.00 X 0 0 0 SHAWN MOOD SPHR GPHR DIRECTOR 1.00 X 0 0 0 LYNN OUTWATER ESQ SPHR EX OFFICIO MEMBER 1.00 X 0 0 0 WILLIAM SCHIEMANN PHD DIRECTOR (PUBLIC MEMBER) 1.00 X 0 0 0 JAMES STEELE EDD GPHR SPHR DIRECTOR 1.00 X 0 0 0 AMY DUFRANE EDD SPHR EXECUTIVE DIRECTOR 37.50 X 339277 0 42309 MARY POWER EXECUTIVE DIRECTOR (UNTIL 1/2013) 37.50 X 316053 0 94881 BENNIE JOHNSON CHIEF, GLOBAL MKRTG (UNTIL 10/2013) 37.50 X 206722 0 15764 IKOIE NORMAN MGR, GLOBAL PROGRAMS 37.50 X 113267 0 12906 LEE ANN EVANS DIR, ADMIN & CLIENT RELATIONS 37.50 X 135084 0 24367 LINDA K ANGUISH DIR, CREDENTIALING PRODUCTS 37.50 X 132616 0 57707 SUPOJ SRIKITTIPRAPHAT IT MANAGER 37.50 X 108445 0 21750 RYAN BINGHAM DIR, IT SYSTEMS 37.50 X 156493 0 15574 1507957 0 285258 9 0 1 0 PROMETRIC INC PO BOX 223608 PITTSBURGH PA 152512608 EXAMINATION FEES 1627783 SOCIETY FOR HUMAN RESOURCE MANAGEMENT 1800 DUKE STREET ALEXANDRIA VA 223143499 MANAGEMENT SERVICES 1552434 PROFESSIONAL EXAMINATION SERVICES 475 RIVERSIDE DRIVE NEW YORK NY 101150089 EXAMINATION FEES 510214 GLOBAL PRINTING 3679 WHEELER AVENUE ALEXANDRIA VA 22304 PRINTING 411923 GAVIN LAW OFFICES PLC 2500 GASKINS ROAD SUITE B RICHMOND VA 23238 LEGAL SERVICES 346545 8 CERTIFICATION FEES 900099 14719128 14719128 14719128 721837 721837 16364 16364 20815198 19231283 1583915 1583915 1583915 64267 10022 54245 48694 5551 MISCELLANEOUS 900099 120933 120933 120933 17216422 14767822 5551 2443049 X 750000 750000 1015006 862755 152251 3121447 2653230 468217 403547 343015 60532 644567 547882 96685 293840 249764 44076 1555200 1321920 233280 590527 302599 287928 22340 22340 298642 298642 2355602 1205155 1150447 807213 645827 161386 884076 100797 783279 817556 347232 470324 447570 78676 368894 56065 56065 TESTING FEES 1598615 1477476 121139 FEES 511487 465596 45891 DUES & SUBSCRIPTIONS 240731 1229 239502 MISCELLANEOUS 123888 10 123878 16537919 11353163 5184756 0 1748566 2059258 1616918 1449227 13727 17805 101799 143179 106960 56853 1074015 507107 192830 566908 29872998 37282607 2965548 24201 33706 18579 36653052 41618617 2502980 1860475 2543566 3494225 1242234 1073463 6288780 6428163 X 30364272 35190454 30364272 35190454 36653052 41618617 X 678503 3499253 648426 X 0 1 X 1 0 X 13252735 14199763 13157040 12831420 14783395 68224353 13252735 14199763 13157040 12831420 14783395 68224353 0 0 0 68224353 784110 618866 765518 699286 738201 3605981 784110 618866 765518 699286 738201 3605981 41689 31022 39839 4490 120933 237973 14078534 14849651 13962397 13535196 15642529 72068307 0.94670 0.94380 0.05000 0.05400 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2009 AMOUNT: $ 41,689. 2010 AMOUNT: $ 31,022. 2011 AMOUNT: $ 39,839. 2012 AMOUNT: $ 4,490. 2013 AMOUNT: $ 120,933. 1074015 507107 566908 566908 DUE TO AFFILIATES 1073463 1073463 X 21033880 3499253 606825 10022 4116100 16917780 298642 298642 17216422 16856124 606825 10022 616847 16239277 298642 298642 16537919 PART X, LINE 2: THE INSTITUTE PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 10,022. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 10,022. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES GLOBAL CERTIFICATIONS 175168 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES GLOBAL CERTIFICATIONS 223788 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES GLOBAL CERTIFICATIONS 326 NORTH AMERICA - CANADA AND MEXICO, BUT BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES GLOBAL CERTIFICATIONS 122007 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES GLOBAL CERTIFICATIONS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES GLOBAL CERTIFICATIONS 6022 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES GLOBAL CERTIFICATIONS 3547 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, 0 0 PROGRAM SERVICES GLOBAL CERTIFICATIONS 3723 0 0 0 0 0 0 534581 0 534581 0 0 0 0 0 0 1 SHRM FOUNDATION 1800 DUKE STREET ALEXANDRIA VA 22314 346610067 501(C)(3) 750000 0 CASH TO SUPPORT THE GENERAL OPERATIONS OF THE SHRM FOUNDATION. 1 0 PART I, LINE 2: FUNDS GRANTED TO THE SHRM FOUNDATION SUPPORT ITS GENERAL OPERATIONS, AS REPORTED TO THE HR CERTIFICATION INSTITUTE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR OF HRCI WORKS CLOSELY WITH THE FOUNDATION AND MAKES PERIODIC REPORTS TO THE BOARD. X X X X 1 0 0 0 0 1 0 1 0 AMY DUFRANE EDD SPHR EXECUTIVE DIRECTOR 236681 0 102596 0 0 0 26593 0 15716 0 381586 0 0 0 MARY POWER EXECUTIVE DIRECTOR (UNTIL 1/2013) 63307 0 81146 0 171600 0 94881 0 0 0 410934 0 0 0 BENNIE JOHNSON CHIEF, GLOBAL MKRTG (UNTIL 10/2013) 143878 0 62844 0 0 0 15764 0 0 0 222486 0 0 0 LEE ANN EVANS DIR, ADMIN & CLIENT RELATIONS 109546 0 25538 0 0 0 24367 0 0 0 159451 0 0 0 LINDA K ANGUISH DIR, CREDENTIALING PRODUCTS 105839 0 26777 0 0 0 41991 0 15716 0 190323 0 0 0 RYAN BINGHAM DIR, IT SYSTEMS 135520 0 20973 0 0 0 11830 0 3744 0 172067 0 0 0 PART I, LINE 4A MARY POWER, WHO SERVED AS EXECUTIVE DIRECTOR UNTIL JANUARY 2, 2013, RECEIVED A SEVERANCE PAYMENT OF $171,600. SCHEDULE J, LINE 6A AND 7 ALL EMPLOYEES ARE ELIGIBLE TO RECEIVE AN INCENTIVE COMPENSATION PAYMENT BASED ON THE INSTITUTE MEETING KEY PERFORMANCE GOALS. THE GOALS ARE APPROVED BY THE INSTITUTE BOARD OF DIRECTORS AND INCLUDE NUMBER OF EXAM APPLICANTS, RECERTIFICATION RATES, BUILDING A WORLD CLASS WORK ENVIRONMENT, LONG-TERM STRATEGIC INITIATIVES AND FINANCIAL RESULTS. EACH GOAL IS GIVEN A WEIGHTED AVERAGE PERCENTAGE OF THE TOTAL GOAL. INCENTIVE COMPENSATION PAYMENTS ARE BASED ON AN EMPLOYEE'S EARNINGS, POSITION AND INDIVIDUAL PERFORMANCE. AFTER THE CALENDAR YEAR, THE BOARD OF DIRECTORS REVIEW ACTUAL RESULTS VERSUS THE GOALS AND APPROVE THE INCENTIVE COMPENSATION PAYMENTS. FOR 2013, THE HR CERTIFICATION INSTITUTE EXCEEDED ITS FINANCIAL GOALS AND PAID EMPLOYEES INCENTIVE COMPENSATION BASED ON THE INSTITUTE'S FINANCIAL RESULTS. FORM 990, PART VI, SECTION A, LINE 3 THE INSTITUTE HAD A MANAGEMENT AGREEMENT WITH THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT (SHRM) IN 2013. SHRM PROVIDED FINANCIAL MANAGEMENT, HUMAN RESOURCES, INFORMATION TECHNOLOGY AND OFFICE SPACE AND SERVED AS THE CFO OF THE INSTITUTE. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS OF THE INSTITUTE WERE CHANGED IN 2013 TO ADJUST THE MEMBERSHIP REQUIREMENTS OF THE STRATEGY COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A THE INSTITUTE BYLAWS STATE THAT THE INSTITUTE BOARD OF DIRECTORS (WHICH SHALL BE COMPOSED OF BETWEEN 8 TO 20 MEMBERS) SHALL INCLUDE AS A VOTING MEMBER, THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT (SHRM) PRESIDENT/CEO OR HIS DESIGNEE AND A SHRM FOUNDATION BOARD DESIGNEE. THE INSTITUTE BOARD OF DIRECTORS SHALL BE NOMINATED BY THE GOVERNANCE COMMITTEE AND ELECTED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE INSTITUTE'S FEDERAL FORM 990 IS REVIEWED BY THE INSTITUTE'S EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE. SUCH REVIEW TAKES PLACE UPON RECEIPT OF THE DRAFT FEDERAL FORM 990 RECEIVED FROM THE INDEPENDENT PUBLIC ACCOUNTING FIRM WHO CONDUCTS THE FINANCIAL STATEMENT AUDIT OF THE INSTITUTE. THE REVIEW INVOLVES COMPARISON OF FINANCIAL DATA IN THE FEDERAL FORM 990 WITH THE AUDITED FINANCIAL STATEMENTS AND THE BOOKS AND RECORDS OF THE INSTITUTE AND REVIEW OF ALL NARRATIVE INFORMATION FOR ACCURACY AND COMPLETENESS. ADDITIONALLY, THE TREASURER OF THE BOARD REVIEWS A COPY OF THE RETURN FOR ACCURACY. PRIOR TO FILING THE FEDERAL FORM 990 WITH THE INTERNAL REVENUE SERVICE, A COMPLETE COPY IS PROVIDED TO ALL VOTING MEMBERS OF THE INSTITUTE'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS' CONFLICT OF INTEREST POLICY PROVIDES THE FOLLOWING PROCEDURES FOR ADDRESSING POTENTIAL CONFLICTS OF INTEREST THAT MAY REQUIRE BOARD OR COMMITTEE ACTION: 1) THE INTERESTED PERSON MUST DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST AND SUCH DISCLOSURE MUST BE REFLECTED IN THE MINUTES OF THE MEETING WHERE SUCH MATTER IS BEING REVIEWED; 2) THE INTERESTED PERSON IS PROHIBITED FROM PARTICIPATING IN DISCUSSIONS EXCEPT TO DISCLOSE MATERIAL FACTS AND RESPOND TO QUESTIONS; 3) SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER EITHER AT OR OUTSIDE OF THE MEETING; 4) SUCH PERSON MAY NOT BE PRESENT TO HEAR THE BOARD OR COMMITTEE DISCUSSIONS ON THE MATTER; 5) SUCH INTERESTED PERSON IS PRECLUDED FROM VOTING ON THE MATTER AND SUCH PERSON'S PRESENCE MAY NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE AT THE MEETING; 6) SUCH PERSON MAY NOT BE PRESENT DURING THE VOTE UNLESS THE VOTE IS BY SECRET BALLOT; AND 7) SUCH PERSON'S INELIGIBILITY TO VOTE SHOULD BE REFLECTED IN THE MINUTES. ADDITIONALLY, THE INSTITUTE EMPLOYEE CODE OF CONDUCT APPLIES TO ALL EMPLOYEES OF THE INSTITUTE; AND ALL EMPLOYEES RECEIVE A COPY OF THE CODE OF CONDUCT AND RETURN AN ACKNOWLEDGEMENT TO THE INSTITUTE HR DEPARTMENT THAT THEY UNDERSTAND AND WILL COMPLY WITH THE CODE OF CONDUCT. SECTION IV(K) OF THE CODE OF CONDUCT SETS FORTH THE CONFLICT OF INTEREST RULES APPLICABLE TO ALL EMPLOYEES. IT IS THE INSTITUTE'S INTENT TO AVOID IMPROPRIETY IN ALL DECISIONS AND ACTIONS. THE CODE OF CONDUCT REQUIRES EMPLOYEES TO AVOID TRANSACTIONS, ACTIVITIES AND RELATIONSHIPS WHICH PLACE PERSONAL INTEREST IN CONFLICT WITH THE INSTITUTE'S; NOT TO USE INSTITUTE ASSETS OR THE EMPLOYEE'S POSITION AT THE INSTITUTE FOR PERSONAL USE OR GAIN; NOT TO ACCEPT GIFTS FROM VENDORS UNLESS WITHIN THE GIFT GUIDELINES. EMPLOYEES ARE INFORMED THAT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST MAY GO BEYOND DEALINGS WITH CERTIFICANTS, CUSTOMERS, VENDORS OR SUPPLIERS. CONFLICTS MAY ALSO INVOLVE DEALINGS WITH MANAGERS, SUBORDINATES OR OTHER STAFF MEMBERS. IF A CONFLICT OR POTENTIAL CONFLICT ARISES, EMPLOYEES UNDER THE POLICY MAY CONSULT WITH THEIR SUPERVISOR, THE EXECUTIVE DIRECTOR, OR THE HR DEPARTMENT. IN ADDITION, ALL CONTRACTS OF OVER $5,000 ARE REQUIRED TO BE REVIEWED BY THE INSTITUTE'S OUTSIDE LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE 10% HIGHEST PAID EMPLOYEES AT THE INSTITUTE IS RECOMMENDED BY AN INDEPENDENT COMPENSATION CONSULTANT THROUGH REVIEW OF RELEVANT COMPARABILITY DATA. THE RECOMMENDATION IS DISCUSSED AND SUBSTANTIATED BY THE EXECUTIVE DIRECTOR AND THE HR DEPARTMENT. COMPENSATION AMOUNTS ARE DIRECTLY LINKED TO THE INDIVIDUAL'S PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G BOARD SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 142,904. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 142,904. MARKETING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 866,348. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 866,348. BOOKS & PUBLICATION SERVICES: PROGRAM SERVICE EXPENSES 11,664. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,664. EXECUTIVE OFFICE: PROGRAM SERVICE EXPENSES 575,242. MANAGEMENT AND GENERAL EXPENSES 141,195. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 716,437. TESTING SERVICES: PROGRAM SERVICE EXPENSES 618,249. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 618,249. FORM 990, PART XI, LINE 9: PENSION-RELATED CHARGES OTHER THAN NET PERIODIC PENSION COST: 648,426.