2013-02-07T10:48:27-06:00 2012-03-31 135381590 BDO USA LLP 7101 WISCONSIN AVE SUITE 800 BETHESDA MD 208144827 990 2011-04-01 752001539 SOCIETY OF PETROLEUM ENGINEERS INC SOCI 9729529393 222 PALISADES CREEK DRIVE RICHARDSON TX 75080 STEVE BYRNE 9729529393 2013-02-07 1 JOYCE M UNDERWOOD P00022361 3016544900 2011 2016-02-25 16:41:14Z MARK A RUBIN 222 PALISADES CREEK DRIVE RICHARDSON TX 75080 59311503 0 X WWW.SPE.ORG X 1984 TX TO COLLECT AND DISTRIBUTE INFORMATION ON THE PETROLEUM INDUSTRY. 27 27 228 0 4228548 222966 939161 178564 43284144 51181211 1502690 1133936 1121027 1312308 46847022 53806019 1634691 2023687 0 0 17189498 18894299 0 0 45757 29517646 30673613 48341835 51591599 -1494813 2214420 62330637 67444309 18305162 22843469 44025475 44600840 X 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. 0 0 7888090 2463965 PUBLICATIONS - INCLUDES TECHNICAL JOURNALS, MONOGRAMS, BOOKS, AND ACCESSORIES. 9758287 15600543 MEMBERSHIP SERVICES - SPE.ORG, MEMBER BENEFITS, AND MEMBER DIRECTORY, AND GLOBAL TRAINING. 16646209 24309232 MEETINGS AND CONFERENCES - INCLUDES TECHNICAL SESSIONS, WORKSHOPS, AND SYMPOSIUMS. 4564216 1501420 5891015 U.S. SECTION ACTIVITY FOR MEETINGS, EDUCATIONAL COURSES, DONATIONS SCHOLARSHIPS, AND OTHER EVENTS. 4564216 1501420 5891015 38856802 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 X 207 0 1 228 1 1 1 1 UK AE MY CA BR 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X STEVE BYRNE 9729529407 222 PALISADES CREEK DRIVE RICHARDSON TX 75080 AHMED ABOU-SAYED 1.00 X 0 0 0 MOHAMMED AL-QAHTANI 1.00 X 0 0 0 KEN ARNOLD 1.00 X 0 0 0 JOSEPH AYOUB 1.00 X 0 0 0 LEON BEUGELSKIJK 1.00 X 0 0 0 JOHN BOARDMAN 1.00 X 0 0 0 JOHN CRAMER 1.00 X 0 0 0 ANDREY GLADKOV 1.00 X 0 0 0 HOSNIA HASHIM 1.00 X 0 0 0 EGBERT IMOMOH 1.00 X 0 0 0 ARNIS JUDZIS 1.00 X 0 0 0 MOHAN KELKAR 1.00 X 0 0 0 ALAIN LABASTIE 1.00 X 0 0 0 KEITH MACLEOD 1.00 X 0 0 0 ROLAND MOREAU 1.00 X 0 0 0 ALEK MUSA 1.00 X 0 0 0 GENE NARAHARA 1.00 X 0 0 0 MAURIZIO RAMPOLDI 1.00 X 0 0 0 CINDY REECE 1.00 X 0 0 0 NESTOR SAAVEDRA 1.00 X 0 0 0 SAM SAREM 1.00 X 0 0 0 PETER SCHRENKEL 1.00 X 0 0 0 SID SMITH 1.00 X 0 0 0 GANESH C THAKUR 1.00 X 0 0 0 SUDHIR VASUDEVA 1.00 X 0 0 0 JOHN WALSH 1.00 X 0 0 0 YIAW HIN WEE 1.00 X 0 0 0 MARK A RUBIN 40.00 X 408856 0 31960 STEPHEN L GRAHAM 40.00 X 258840 0 25111 GEORGEANN BILICH 40.00 X 261622 0 17795 CORDELLA GILLETTE 40.00 X 231110 0 9674 ROBERT WYATT 40.00 X 207077 0 20513 STEVEN BYRNE 40.00 X 188098 0 17314 JANE BOYCE 40.00 X 181263 0 21913 ALPHIA PAYNE 40.00 X 234200 0 5597 KIRK COLLIGAN 40.00 X 196776 0 7276 MICHAEL MCMANUS 40.00 X 173130 0 10527 GLENDA SMITH 40.00 X 167672 0 13518 CRAIG MORITZ 40.00 X 163960 0 18721 2672604 0 199919 33 0 1 0 TMA RESOURCES 1919 GALLOWS ROAD SUITE 400 VIENNA VA 22182 IT CONSULTING 774457 FREEMAN COMPANIES PO BOX 650036 DALLAS TX 75265 CONVENTION SERVICES 503795 FREEMAN AUDIO VISUAL PO BOX 650519 DALLAS TX 75265 A/V SERVICES 477278 TECHNOLGENT 15950 NORTH DALLAS PARKWAY SUITE 5 DALLAS TX 75248 IT CONSULTING 375285 FUSION SOLUTIONS 16901 NORTH DALLAS PARKWAY SUITE 1 ADDISON TX 75001 IT CONSULTING 323065 12 178564 178564 MEETINGS 561000 24309232 24309232 MEMBER DUES/ASSESSMENT 561000 7714435 7714435 U.S. CHAPTER REVENUE 900099 5891015 5891015 PUBLICATIONS 541800 5709845 1481081 4228764 MANAGEMENT FEES 900099 3404570 3404570 4152114 4152114 51181211 816274 -216 816490 5437989 4890602 229725 547387 -229725 317662 317662 1368041 385157 982884 982884 OTHER REVENUE 900099 329424 329424 329424 53806019 48264755 4228548 1134152 1710087 1710087 313600 313600 1881145 1093938 784144 3063 13591047 7903572 5665344 22131 622460 361977 259469 1014 1730355 1006250 721288 2817 1069292 621823 445728 1741 84740 49279 35323 138 92495 53788 38556 151 117078 117078 746449 434081 311153 1215 314955 314955 899934 523337 375132 1465 1110277 645657 462812 1808 1409370 819588 587487 2295 1361492 791745 567530 2217 9231159 9231159 1454707 845952 606386 2369 U.S. SECTIONS EXPENSES 3835873 3062796 773077 DUES & MEMBER PROGRAMS 3169726 3169726 PUBLICATIONS 2704839 2704839 EPA EXPENSE 1088320 1088320 3052199 2425288 623578 3333 51591599 38856802 12689040 45757 600 600 5091024 7751139 3923490 4639957 1953841 1974335 1825631 2012762 16274410 5952637 8556584 10321773 29573951 27294149 297438 2792161 11108078 10657433 62330637 67444309 6417913 9171488 11887249 13671981 18305162 22843469 X 41833905 42662714 1814786 1561342 376784 376784 44025475 44600840 62330637 67444309 X 2214420 -1639055 X X 0 1 1 X 0 X 657488 658752 1284117 939161 178564 3718082 30277084 30663179 35167906 41209446 48320488 185638103 30934572 31321931 36452023 42148607 48499052 189356185 0 0 0 189356185 975438 1240103 892325 866773 816490 4791129 975438 1240103 892325 866773 816490 4791129 863755 863755 511857 1704133 1395781 99414 329424 4040609 32421867 34266167 38740129 43114794 50508721 199051678 0.95130 0.95340 0.02410 0.02590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8250297 363423 155054 448605 8320169 2535335 5498559 653908 437505 8250297 1953754 356230 662718 437367 2535335 3219898 399740 -1233321 432563 1953754 0.85520 0.04530 0.09950 0 0 1085675 1085675 4014325 178415 3835910 258448 123652 134796 10915962 5650570 5265392 10321773 INTEREST IN FOUNDATION ASSETS 10470931 F SOFTWARE DEVELOPMENT COSTS 186502 C 10657433 53806019 51591599 2214420 -953098 -685957 -1639055 575365 47327474 -953098 252921 -700177 48027651 117078 5661290 5778368 53806019 46752109 614881 614881 46137228 117078 5337293 5454371 51591599 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT IS FOR FUTURE MEMBER PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: SPE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, SPE IS SUBJECT TO INCOME TAXES ON ANY UNRELATED BUSINESS INCOME, THAT IS DERIVED FROM ACTIVITIES NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. SPE'S UNRELATED BUSINESS INCOME CONSISTS PRINCIPALLY OF ADVERTISING INCOME. SPE ADOPTED THE PROVISIONS OF ASC 740-10 UNCERTAIN TAX POSITIONS (PREVIOUSLY KNOWN AS FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES) ON APRIL 1, 2009. MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS NOR ANY PENALTIES AND INTEREST HAVE BEEN ACCRUED FOR THE YEAR ENDED MARCH 31, 2012, AND, ACCORDINGLY, THERE IS NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS. SPE IS STILL OPEN TO EXAMINATION BY TAXING AUTHORITIES FROM FISCAL YEAR 2009 FORWARD. PART XI, LINE 8 - OTHER ADJUSTMENTS: NET CHANGE IN FOUNDATION ASSETS -132,235. U.S. CHAPTER NET INCOME -553,722. TOTAL TO SCHEDULE D, PART XI, LINE 8: -685,957. PART XII, LINE 2D - OTHER ADJUSTMENTS: INCREASE (DECREASE) IN FOUNDATION NET ASSETS -132,235. COGS INCLUDED ON PART VIII, LINE 10B 385,156. PART XII, LINE 4B - OTHER ADJUSTMENTS: U.S. CHAPTER INCOME 5,891,015. LOSS ON DISPOSAL INCLUDED WITH REVENUE -229,725. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COGS INCLUDED ON PART VIII, LINE 10B 385,156. LOSS ON DISPOSAL INCLUDED WITH REVENUE 229,725. PART XIII, LINE 4B - OTHER ADJUSTMENTS: U.S. CHAPTER EXPENSES 5,337,293. 0 EAST ASIA AND THE PACIFIC 1 22 PROGRAM SERVICES MEETINGS AND TRAININGS COURSES 1852066 SOUTH AMERICA 0 0 PROGRAM SERVICES MEETINGS 187394 1 22 0 0 1 22 2039460 0 2039460 SCHOLARSHIPS EAST ASIA AND THE PACIFIC 12 42500 WIRE SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) - 13 4500 WIRE SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA - 17 26933 WIRE SCHOLARSHIPS NORTH AMERICA - CANADA AND MEXICO, BUT 4 30000 WIRE SCHOLARSHIPS RUSSIA & THE NEWLY INDEPENDENT STATES - 10 37500 WIRE SCHOLARSHIPS SOUTH AMERICA - ARGENTINA, BOLIVIA, 9 50000 WIRE SCHOLARSHIPS SOUTH ASIA - AFGHANISTAN, BANGLADESH, 12 41667 WIRE SCHOLARSHIPS SUB-SAHARAN AFRICA - ANGOLA, 11 40000 WIRE 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: SCHOLARSHIPS ARE PROVIDED TO RECIPIENTS BASED UPON STATED QUALIFICATIONS, AND ARE MONITORED THROUGH REQUIRED SUBMISSION OF GRADES AND PROOF OF ENROLLMENT. 1 SCHOLARSHIPS 54 208667 SECTION SCHOLARSHIPS 572 1501420 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE PROVIDED TO RECIPIENTS BASED UPON STATED QUALIFICATIONS, AND ARE MONITORED THROUGH REQUIRED SUBMISSION OF GRADES AND PROOF OF ENROLLMENT. X 1 1 X X X 0 0 0 0 0 1 0 0 0 MARK A RUBIN 346856 0 40000 0 22000 0 22892 0 9068 0 440816 0 0 0 STEPHEN L GRAHAM 217299 0 28503 0 13038 0 14342 0 10769 0 283951 0 0 0 GEORGEANN BILICH 213669 0 29064 0 18889 0 14102 0 3693 0 279417 0 0 0 CORDELLA GILLETTE 191850 0 17260 0 22000 0 9674 0 0 0 240784 0 0 0 ROBERT WYATT 175436 0 22216 0 9425 0 10368 0 10145 0 227590 0 0 0 STEVEN BYRNE 156512 0 19065 0 12521 0 10330 0 6984 0 205412 0 0 0 JANE BOYCE 150637 0 21588 0 9038 0 9942 0 11971 0 203176 0 0 0 ALPHIA PAYNE 81261 0 130939 0 22000 0 5363 0 234 0 239797 0 0 0 KIRK COLLIGAN 50780 0 129496 0 16500 0 3351 0 3925 0 204052 0 0 0 MICHAEL MCMANUS 62786 0 102481 0 7863 0 4144 0 6383 0 183657 0 0 0 GLENDA SMITH 142519 0 13552 0 11601 0 9406 0 4112 0 181190 0 0 0 CRAIG MORITZ 118238 0 35712 0 10010 0 7803 0 10918 0 182681 0 0 0 PART I, LINE 1A 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. PART I, LINE 6 BONUS COULD BE EARNED BY OFFICERS, DIRECTORS, TRUSTEE, KEY EMPLOYEES, OR HIGHEST COMPENSATED EMPLOYEES (EXCLUDING CFO AND SR. MANAGER OF FINANCE) IF THE EO EXCEEDED BUDGET. FORM 990, PART VI, SECTION A, LINE 7A 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 ALL OFFICIAL BODIES OF THE SOCIETY 3. TO SUBMIT PROPOSALS TO THE SOCIETY AND TO OTHER BODIES OF THE SOCIETY 4. TO ASSEMBLE IN SECTIONS OR CHAPTERS FOR THE ENJOYMENT OF THE INDIVIDUAL MEMBERS FORM 990, PART VI, SECTION B, LINE 11 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, BDO USA AND IS REVIEWED BY THE ORGANIZATION'S CFO. FORM 990, PART VI, SECTION B, LINE 12C SPE REGULARLY AND CONSISTENTLY ENFORCES COMPLIANCE WITH THE 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 FIRM ARE AWARE OF THE POLICY AND HAVE AGREED TO ABIDE BY IT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION COMMITTEE REVIEWS ALL SALARY INCREASES FOR EXECUTIVE DIRECTOR AND STAFF DIRECTORS BASED ON SURVEY DATA. 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, AND THEY ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE, WWW.SPE.ORG. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -953,098. NET CHANGE IN FOUNDATION ASSETS -132,235. U.S. CHAPTER NET INCOME -553,722. TOTAL TO FORM 990, PART XI, LINE 5: -1,639,055. OVERSIGHT OF AUDIT: FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. SPE FOUNDATION 222 PALISADES CREEK DR RICHARDSON TX 75080 751575590 FOUNDATION ACTIVITY, SUPPORT OF SPE PROGRAMS TX 501(C)(3) 170(B)(1) (A)(VI) N/A 0 OFFSHORE TECHNOLOGY CONFERENCE 222 PALISADES CREEK DR RICHARDSON TX 75080 751992631 ORGANIZATION OF THE OFFSHORE TECHNOLOGY CONFERENCE TX 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 OFFSHORE TECHNOLOGY CONFERENCE M 0 OFFSHORE TECHNOLOGY CONFERENCE N 1497614 COST OFFSHORE TECHNOLOGY CONFERENCE O 219404 COST OFFSHORE TECHNOLOGY CONFERENCE P 3030 COST