2011-11-15T09:44:51-06:00 2010-12-31 RAFFA PC 1899 L STREET NW SUITE 900 WASHINGTON DC 20036 990 2010-01-01 340948453 SOCIETY FOR HUMAN RESOURCE MANAGEMENT SOCI 7035483440 1800 DUKE STREET ALEXANDRIA VA 223143499 MARY MOHNEY 7035483440 2011-11-15 1 FRANK H SMITH 2028225000 2011-11-15 2010 2016-03-07 17:11:31Z HENRY JACKSON 1800 DUKE STREET ALEXANDRIA VA 223143499 179931937 0 X WWW.SHRM.ORG X 1949 OH SHRM'S MISSION IS TO SERVE THE NEEDS OF HUMAN RESOURCE PROFESSIONALS. 13 12 352 7240 12059323 2002149 25000 0 68123996 75311847 -815128 6641419 13876571 11834645 81210439 93787911 105241 636300 0 0 37072991 40124333 0 0 0 52721900 56259873 89900132 97020506 -8689693 -3232595 169837291 177891001 48581080 53992252 121256211 123898749 X SHRM'S MISSION IS TO SERVE THE NEEDS OF HUMAN RESOURCE PROFESSIONALS BY PROVIDING THE MOST ESSENTIAL AND COMPREHENSIVE RESOURCES AVAILABLE AND TO ADVANCE THE HUMAN RESOURCE PROFESSION TO ENSURE THAT HUMAN RESOURCES IS RECOGNIZED AS AN ESSENTIAL PARTNER IN DEVELOPING AND EXECUTING ORGANIZATIONAL STRATEGY. 0 0 GOVERNMENT AND PUBLIC AFFAIRS: SHRM MONITORS CONGRESSIONAL ACTIONS THAT IMPACT HUMAN RESOURCE MANAGEMENT ISSUES AND REPRESENTS MEMBERS' POSITIONS ON PENDING LEGISLATION AND REGULATORY ISSUES. PUBLICATIONS: SHRM DEVELOPS VARIOUS PUBLICATIONS WHICH EDUCATE MEMBERS AND NON-MEMBERS BY PROVIDING ARTICLES AND INFORMATION RELEVANT TO THE HUMAN RESOURCE MANAGEMENT FIELD. SEMINARS AND EDUCATIONAL PRODUCTS: SHRM PROVIDES VARIOUS FORUMS AND PRODUCTS TO HELP EDUCATE HUMAN RESOURCE PROFESSIONALS AND DISSEMINATE INFORMATION ON HUMAN RESOURCE ISSUES AND PROVIDE A NETWORKING FORUM FOR SUCH PROFESSIONALS. CONFERENCES: THROUGH ITS ANNUAL CONFERENCE AND OTHER EDUCATIONAL CONFERENCES, SHRM SEEKS TO DISSEMINATE UP TO DATE INDUSTRY INFORMATION TO HUMAN RESOURCE PROFESSIONALS. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 X 136 0 1 352 1 1 1 1 IN CH CJ VI 0 0 0 0 X 13 12 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X MARY MOHNEY 7035483440 1800 DUKE STREET ALEXANDRIA VA 22314 ROBB E VAN CLEAVE SPHR 8.00 X X 68155 0 0 JOSE A BERRIOS 8.00 X X 23603 0 0 MEL ASBURY SPHR 8.00 X 18603 0 0 JEFFREY M CAVA 8.00 X 13603 0 0 CALVIN W FINCH 8.00 X 23603 0 0 BETTE J FRANCIS 8.00 X 23603 0 0 CAROLYN GOULD SPHR GPHR CCP 8.00 X 0 0 0 STEVEN A JARRETT 8.00 X 18603 0 0 JAMES A KAITZ 8.00 X 13603 0 0 GARY P LATHANPHD 8.00 X 23603 0 0 VIRDA M RHEM SPHR 8.00 X 18603 0 0 GABRIEL TOLEDANO 8.00 X 18603 0 0 LAURENCE G O'NEIL 37.50 X X 1199589 0 23727 HENRY G HANK JACKSON 37.50 X X 515673 0 36133 SHEILA FINLAYSON 37.50 X 152746 0 18574 KATHLEEN GORMAN 37.50 X 526490 0 93427 STEVE MIRANDA 37.50 X 379102 0 39630 GARY RUBIN 37.50 X 343658 0 33746 HENRY HART 37.50 X 328440 0 29163 WILLIAM MARONI 37.50 X 322071 0 21914 DEBRA COHEN 37.50 X 312292 0 48433 STEVEN HORN 37.50 X 309207 0 4339 PAMELA GREEN 37.50 X 267902 0 39345 STACEY HOLVENSTOT 37.50 X 251358 0 21726 SHIRLEY DAVIS 37.50 X 235441 0 26996 MARY MOHNEY 37.50 X 218240 0 36938 MICHAEL AITKEN 37.50 X 215316 0 34094 CHAD HOUGHTON 37.50 X 211672 0 23284 HEIDI BYERLY 37.50 X 209689 0 32688 JANET PARKER 37.50 X 204368 0 4234 BRIAN GLADE 37.50 X 198269 0 28974 BRIAN DICKSON 37.50 X 179693 0 14908 MARGO VICKERS 37.50 X 178003 0 27983 STEVEN WILLIAMS 37.50 X 175130 0 14274 AMY THOMPSON 37.50 X 174746 0 26544 DEBORAH KEARY 37.50 X 172478 0 24255 MARY FERRARI 37.50 X 171980 0 33023 SUSAN BERGMAN 37.50 X 170654 0 32200 ELIZABETH BLOCK 37.50 X 157188 0 19558 TIM CANNY 37.50 X 155225 0 13202 8200805 0 803312 93 0 1 0 GMMB PO BOX 7777 PHILADELPHIA PA 191750061 ADVERTISING/PR 5267932 HOLMES CORPORATION 2975 LONE OAK DR SUITE 180 EAGAN MN 55121 DEVELOPMENT/PROMOTION 5135177 MARKETING GENERAL INC 209 MADISON ST SUITE 300 ALEXANDRIA VA 223141764 MARKETING 1746755 CELERANT GOVERNMENT SERVICES PO BOX 4288 BOSTON MA 021104288 STRATEGIC PLANNING 1674326 QUADGRAPHICS PO BOX 930505 ATLANTA GA 31193 PRINTING/ADVERTISING 1500462 87 MEMBERSHIP DUES 900099 35453590 35453590 ANNUAL CONFERENCE 900099 19770344 15326169 4444175 ADVERTISING 541800 12066604 12066604 SEMINARS 900099 4865451 4865451 OTHER CONFERENCES 900099 3029720 2842730 186990 126138 126138 75311847 3409988 3409988 914490 914490 1105545 1048885 56660 56660 -66552 123212 78307862 3939388 75058688 3957131 3249174 -17743 3231431 3231431 15409299 6079322 9329977 9270706 59271 MISCELLANEOUS 900099 2047945 2047945 MAILING LIST RENTAL 900099 545760 545760 EQUITY IN EARNINGS 900099 -1060187 -1060187 1533518 93787911 67884784 12059323 13843804 636300 8054355 23429188 3618900 2986350 2035540 184198 107555 208814 347293 11944233 6746619 9130480 2433148 1414540 2429767 9785307 3009649 430416 UBI TAXES 1490921 AGENCY/SALES COMMISS. 2508129 CHAPTER SUPPORT 1378853 DUES AND SUBSCRIPTIONS 743891 FOOD/BEVERAGE 697215 1268845 97020506 200 300 7999616 13621861 2793665 1867171 1382991 1043294 3169485 2935707 62611464 29486514 33832732 33124950 99191195 100651040 19481425 21916536 1985982 2730142 169837291 177891001 11402747 11528387 23841791 26564302 5937624 5254075 7398918 10645488 48581080 53992252 X 121256211 123898749 121256211 123898749 169837291 177891001 X -3232595 5875133 X 0 1 1 X 0 0 0 1 35453590 1749587 -3295183 -1545596 1772680 -3318276 5883310 5883310 33203238 8810412 24392826 12404580 11080428 1324152 11120336 9595674 1524662 33124950 K2 ADVISORS, LLC 6898828 F SSARIS ADVISORS, LLC 7020654 F PRIVATE ADVISORS STABLE VALUE FUND, LTD. 7292252 F CERTIFICATE OF DEPOSITS 704802 F 21916536 ACCRUED BENEFIT COST 10407020 INVESTMENT IN SUBSIDIARIES 238468 10645488 93787911 97020506 -3232595 8739748 -2864615 5875133 2642538 109308573 8739748 7128207 15867955 93440618 347293 347293 93787911 103801420 7128207 7128207 96673213 347293 347293 97020506 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: SHRM PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2010, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY AFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNRECOGNIZED ACTUARIAL LOSS UNDER SFAS NO. 158 -2,864,615. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,079,322. RENTAL EXPENSES 1,048,885. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,079,322. RENTAL EXPENSES 1,048,885. SOUTH ASIA 0 0 GRANTMAKING / PROGRAM SERVICES BUSINESS EDUCATION 2500000 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES BUSINESS EDUCATION 331346 NORTH AMERICA (WHICH INCLUDES CANADA AND MEXICO, BUT NOT THE U.S.) 0 0 PROGRAM SERVICES BUSINESS EDUCATION 40871 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES BUSINESS EDUCATION 1065 0 0 0 2873282 0 2873282 1 0 1 0 0 0 OTHER INFORMATION SCHEDULE F, PART V SHRM HAS A WHOLLY OWNED SUBSIDIARY, STRATEGIC HUMAN RESOURCE MANAGEMENT INDIA PRIVATE LIMITED, WHICH MAINTAINS THREE OFFICES WITH 21 EMPLOYEES AND INDEPENDENT CONTRACTORS AND PROVIDES PROGRAM SERVICES THROUGH BUSINESS EDUCATION IN SOUTH ASIA. SHRM HAS A WHOLLY OWNED SUBSIDIARY, SHRM CORPORATION WITH A BEIJING REGISTERED OFFICE, WHICH MAINTAINS ONE OFFICE WITH 2 EMPLOYEES AND PROVIDES PROGRAM SERVICES THROUGH BUSINESS EDUCATION IN EAST ASIA AND THE PACIFIC. 1 SHRM FOUNDATION 1800 DUKE STREET ALEXANDRIA VA 22314 346610067 501(C)(3) 500000 GENERAL OPERATING SUPPORT PEW CHARITABLE TRUST 901 E STREET NW WASHINGTON DC 200042008 562307147 501(C)(3) 50000 GENERAL OPERATING SUPPORT ETHICS RESOURCE CENTER 2345 CRYSTAL DRIVE SUITE 201 ARLINGTON VA 22202 131671026 501(C)(3) 30000 GENERAL OPERATING SUPPORT CLINTON-BUSH HAITI 610 PRESIDENT CLINTON AVE LITTLE ROCK AR 72201 272122785 501(C)(3) 50000 GENERAL OPERATING SUPPORT 4 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: DUE DILIGENCE IS PERFORMED FOR ALL POTENTIAL GRANT RECIPIENTS. GENERAL SUPPORT CONTRIBUTIONS ARE MADE TO WELL ESTABLISH ORGANIZATIONS KNOWN FOR SUCESSFUL OPERATIONS AND WORK. CONTRIBUTIONS FOR PARTICULAR PROJECTS OR EVENTS SUPPORT PROJECTS/EVENTS CLOSELY ALIGNED WITH SHRM'S MISSION AND OBJECTIVES. X X X X 1 1 X X X X 1 1 0 LAURENCE G O'NEIL 374880 0 174508 0 650201 0 11025 0 12702 0 1223316 0 0 0 HENRY G HANK JACKSON 408173 0 100046 0 7454 0 23431 0 12702 0 551806 0 0 0 SHEILA FINLAYSON 133536 0 18948 0 262 0 12856 0 5718 0 171320 0 0 0 KATHLEEN GORMAN 174878 0 96794 0 254818 0 80725 0 12702 0 619917 0 0 0 STEVE MIRANDA 289602 0 88534 0 966 0 22464 0 17166 0 418732 0 0 0 GARY RUBIN 270805 0 71850 0 1003 0 21045 0 12702 0 377405 0 0 0 HENRY HART 255493 0 70175 0 2772 0 23445 0 5718 0 357603 0 0 0 WILLIAM MARONI 247812 0 72453 0 1806 0 21914 0 0 0 343985 0 0 0 DEBRA COHEN 245238 0 66088 0 966 0 42714 0 5718 0 360724 0 0 0 STEVEN HORN 77650 0 53330 0 178227 0 4339 0 0 0 313546 0 0 0 PAMELA GREEN 171996 0 44790 0 51116 0 22178 0 17166 0 307246 0 0 0 STACEY HOLVENSTOT 230082 0 20970 0 306 0 21726 0 0 0 273084 0 0 0 SHIRLEY DAVIS 213407 0 21638 0 396 0 15919 0 11076 0 262436 0 0 0 MARY MOHNEY 182679 0 35204 0 357 0 19772 0 17166 0 255178 0 0 0 MICHAEL AITKEN 182665 0 32018 0 633 0 16928 0 17166 0 249410 0 0 0 CHAD HOUGHTON 179791 0 31538 0 343 0 17565 0 5718 0 234955 0 0 0 HEIDI BYERLY 174710 0 34426 0 553 0 19987 0 12702 0 242378 0 0 0 JANET PARKER 121718 0 40000 0 42650 0 0 0 4234 0 208602 0 0 0 BRIAN GLADE 162001 0 35485 0 783 0 16272 0 12702 0 227243 0 0 0 BRIAN DICKSON 178913 0 0 0 780 0 9190 0 5718 0 194601 0 0 0 MARGO VICKERS 150438 0 26177 0 1388 0 15281 0 12702 0 205986 0 0 0 STEVEN WILLIAMS 154681 0 20128 0 321 0 14274 0 0 0 189404 0 0 0 AMY THOMPSON 150011 0 24431 0 304 0 13842 0 12702 0 201290 0 0 0 DEBORAH KEARY 146167 0 25032 0 1279 0 18536 0 5719 0 196733 0 0 0 MARY FERRARI 147270 0 23994 0 716 0 15857 0 17166 0 205003 0 0 0 SUSAN BERGMAN 144045 0 24671 0 1938 0 19498 0 12702 0 202854 0 0 0 ELIZABETH BLOCK 136809 0 19745 0 634 0 13839 0 5718 0 176745 0 0 0 TIM CANNY 154537 0 0 0 688 0 4619 0 8583 0 168427 0 0 0 PART I, LINE 1A THE FOLLOWING INDIVIDUALS ALSO LISTED IN PART VII, SECTION A OF THE 990 RECEIVED THE FOLLOWING: - MEL ASBURY, SPHR, DIRECTOR, BUSINESS TRAVEL - JOSE A. BERRIOS, DIRECTOR, FIRST-CLASS TRAVEL AND BUSINESS TRAVEL - JEFFREY M. CAVA, DIRECTOR, FIRST-CLASS TRAVEL - HENRY G. JACKSON, INTERIM PRESIDENT/CEO/CFO, FIRST-CLASS/BUSINESS TRAVEL - CAL FINCH, DIRECTOR, FIRST-CLASS AND BUSINESS TRAVEL - BETTE J. FRANCIS, DIRECTOR, BUSINESS TRAVEL - CAROLYN GOULD, SPHR, GPHR, CCP, DIRECTOR, BUSINESS TRAVEL - JAMES KAITZ, DIRECTOR, BUSINESS TRAVEL - LAURENCE O'NEIL, PRESIDENT & CEO, FIRST-CLASS TRAVEL AND BUSINESS TRAVEL - STEVEN A. JARRETT, DIRECTOR, BUSINESS TRAVEL - GARY P. LATHAM, PH.D., DIRECTOR, FIRST-CLASS TRAVEL AND BUSINESS TRAVEL - VIRDA M. RHEM, SPHR, DIRECTOR, FIRST-CLASS - GABRIEL TOLEDANO, DIRECTOR, FIRST-CLASS TRAVEL, BUSINESS TRAVEL - ROBB E. VAN CLEAVE, SPHR, CHAIR, FIRST-CLASS TRAVEL, BUSINESS TRAVEL, TRAVEL FOR COMPANIONS, TAX INDEMNIFICATION PAYMENTS - PAMELA GREEN, CHIEF U.S. MEMBERSHIP OFFICER, HOUSING ALLOWANCE AND TAX INDEMNIFICATION PAYMENTS - JANET PARKER, CHIEF GLOBAL MEMBERSHIP OFFICER, HOUSING ALLOWANCE AND TAX INDEMNIFICATION PAYMENTS PART I, LINES 4A-B SHRM MAINTAINS AN UNQUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR EXECUTIVES WHO MEET CERTAIN CRITERIA. THE PLAN IS UNFUNDED AND MAINTAINS NO ASSETS. AS OF DECEMBER 2010, DEBRA COHEN WAS THE ONLY PARTICIPANT IN THE PLAN. THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS FROM SHRM FOR THE YEAR ENDED DECEMBER 31, 2010: LAURENCE G. O'NEIL, PRESIDENT AND CEO, $648,175 KATHLEEN GORMAN, CHIEF GLOBAL MEMBER ENGAGEMENT OFFICER, $254,335 STEVEN HORN, CHIEF MARKETING & PROFESSIONAL DEVELOPMENT OFFICER, $177,893 STARWOOD HOTELS & RESORTS WORLDWIDE INC JEFF CAVA, DIRECTOR, IS AN OFFICER OF THE INTERESTED PERSON. 498844 SHRM CONTRACTS WITH STARWOOD HOTELS & RESORTS WORLDWIDE, INC. FOR EVENTS. THE DIRECTOR'S RELATIONSHIP IS NOT A FACTOR CONSIDERED IN THE DECISION TO DO BUSINESS WITH STARWOOD HOTELS. 0 FORM 990, PART VI, SECTION A, LINE 6 THE BYLAWS OF SHRM PROVIDE FOR 8 CLASSES OF MEMBERSHIP AS FOLLOWS: 1)PROFESSIONAL MEMBERS; 2)GENERAL MEMBERS; 3)ASSOCIATE MEMBERS; 4)LIFE MEMBERS; 5)RETIRED ANNUAL MEMBERS; 6)STUDENT MEMBERS; 7)GLOBAL MEMBERS; 8)SPECIAL EXPERTISE MEMBERS. NO CORPORATE MEMBERSHIPS ARE PERMITTED. THE REQUIREMENTS AND PRIVILEGES OF THE VARIOUS MEMBERSHIP CLASSES ARE SPECIFIED IN ARTICLE II OF SHRM'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A ELECTIONS OF OFFICERS AND DIRECTORS ARE CONDUCTED BY MAIL BALLOT IN ACCORDANCE WITH PROVISIONS OUTLINED IN ARTICLE VIII OF SHRM'S BYLAWS. EVERY PROFESSIONAL, GENERAL, SPECIAL EXPERTISE, RETIRED LIFE, PROFESSIONAL LIFE AND PAST CHAIR LIFE MEMBER OF SHRM IN GOOD STANDING SHALL BE ENTITLED TO ONE VOTE IN THE ELECTION OF SHRM'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B IN ACCORDANCE WITH THE OHIO NONPROFIT CORPORATION ACT, MEMBERS MUST APPROVE CERTAIN CHANGES TO THE ORGANIZATION'S ARTICLES OF INCORPORATION, SUCH AS INSTANCES OF MERGERS OR CONSOLIDATIONS. FORM 990, PART VI, SECTION B, LINE 11 SHRM'S FEDERAL FORM 990 IS REVIEWED BY THE ACCOUNTING STAFF OF SHRM, INCLUDING THE CONTROLLER AND CFO. SUCH REVIEW TAKES PLACE UPON RECEIPT OF THE DRAFT FORM 990 FROM THE INDEPENDENT PUBLIC ACCOUNTING FIRM WHO CONDUCTS THE FINANCIAL STATEMENT AUDIT OF SHRM. THE REVIEW INCLUDES THE COMPARISON OF FINANCIAL DATA IN THE FORM 990 WITH THE AUDITED FINANCIAL STATEMENTS AND THE BOOKS AND RECORDS OF SHRM, AND THE NARRATIVE INFORMATION FOR ACCURACY AND COMPLETENESS. ADDITIONALLY, THE BOARD HAS DELEGATED REVIEW OF THE FORM 990 TO THE CHAIR OF THE AUDIT COMMITTEE. AFTER THE REVIEW OF THE FORM 990 BY THE CHAIR OF THE AUDIT COMMITTEE, THE FORM IS SENT TO THE FULL BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SHRM BOARD CONFLICT OF INTEREST POLICY PROVIDES THE FOLLOWING PROCEDURES FOR ADDRESSING POTENTIAL CONFLICTS OF INTEREST THAT MAY REQUIRE BOARD OR COMMITTEE ACTION, SUCH AS: 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 SHRM EMPLOYEE CODE OF CONDUCT APPLIES TO ALL SHRM EMPLOYEES; AND ALL SHRM EMPLOYEES RECEIVE A COPY OF THE CODE OF CONDUCT AND RETURN AN ACKNOWLEDGEMENT TO THE SHRM 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 SHRM'S INTENT TO AVOID IMPROPRIETY IN ALL OF ITS DECISIONS AND ACTIONS. THE CODE OF CONDUCT REQUIRES EMPLOYEES TO AVOID TRANSACTIONS, ACTIVITIES AND RELATIONSHIPS WHICH PLACE THEIR PERSONAL INTERESTS IN CONFLICT WITH SHRM'S; NOT TO USE SHRM ASSETS OR THEIR POSITION AT SHRM FOR PERSONAL USE OR GAIN; NOT TO ACCEPT GIFTS FROM VENDORS UNLESS WITHIN SPECIFIED GIFT GUIDELINES. EMPLOYEES ARE INFORMED THAT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST MAY GO BEYOND DEALINGS WITH MEMBERS, 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, THEIR DIVISION CHIEF OR HUMAN RESOURCES. AT MINIMUM, EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST TO THEIR DIVISION CHIEF (OR CEO IF THEY ARE A DIVISION CHIEF) AND THE EMPLOYEE MUST NOT BE INVOLVED IN THE SELECTION, MANAGEMENT OR OVERSITE. IN ADDITION, ALL CONTRACTS OF OVER $5,000 ARE REQUIRED TO BE REVIEWED BY THE GENERAL COUNSEL'S OFFICE AND TO BE PRESENTED TO GENERAL COUNSEL UNDER A COMPLETED SHRM CONTRACT ROUTING FORM. THAT SHRM CONTRACT ROUTING FORM REQUIRES THE INDIVIDUAL WHO INITIATES THE CONTRACT TO "COMMENT ON PERSONAL RELATIONSHIPS OR FRIENDSHIPS WITH VENDORS." FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS SET BY THE BOARD OF DIRECTORS' COMPENSATION AND ORGANIZATION COMMITTEE. COMPENSATION OF THE 10% HIGHEST PAID EMPLOYEES AT SHRM IS RECOMMENDED BY AN INDEPENDENT COMPENSATION CONSULTANT, THROUGH REVIEW OF RELEVANT COMPARABILITY DATA. THE RECOMMENDATION IS DISCUSSED AND SUBSTANTIATED BY THE CEO AND CHRO. COMPENSATION AMOUNTS ARE DIRECTLY LINKED TO THE INDIVIDUAL'S PERFORMANCE RATING. FORM 990, PART VI, SECTION C, LINE 19 SHRM'S ANNUAL FINANCIAL STATEMENTS ARE PUBLISHED IN ITS ANNUAL REPORT WHICH IS AVAILABLE TO THE PUBLIC ON SHRM'S WEBSITE. SHRM'S BYLAWS ARE ALSO AVAILABLE TO THE PUBLIC ON SHRM'S WEBSITE. SHRM'S ARTICLES OF INCORPORATION ARE AVAILABLE ON THE OHIO SECRETARY OF STATE CORPORATE DIVISION WEBSITE. SHRM WILL CONSIDER MAKING ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 8,739,748. UNRECOGNIZED ACTUARIAL LOSS UNDER SFAS NO. 158 -2,864,615. TOTAL TO FORM 990, PART XI, LINE 5: 5,875,133. SHRM CORPORATION 1800 DUKE STREET ALEXANDRIA VA 223143499 760839798 ON-LINE JOBS ADVERTISING PROGRAM VA N/A C 3169016 417122 1.00000 STRATEGIC HUMAN RESOURCE MGM'T INDIA 702 VIBGYOR TOWERS PLOT NO C-62 7 MUMBAI IN 802212005 HR RESEARCH AND EDUCATIONAL PROGRAMS IN INDIA IN N/A C 479799 1397219 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 SHRM CORPORATION M 356157 CASH SHRM CORPORATION N 189319 CASH SHRM CORPORATION O 359367 CASH SHRM CORPORATION P 1844744 CASH SHRM CORPORATION R 1870000 CASH STRATEGIC HUMAN RESOURCE MGM'T INDIA B 2499885 CASH