2023-10-13T07:47:38-05:00 2022-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-01-01 760677933 NETWORK OF EXECUTIVE WOMEN INC NETW 3122570379 PO BOX 64417 CHICAGO IL 60664 LISA BAIRD PRESIDENT & CEO 3122570379 2023-10-13 1 LISA BAIRD 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NEXTUP LISA BAIRD PO BOX 64417 CHICAGO IL 60664 10508827 0 X WWW.NEXTUPISNOW.ORG X 2001 MD ADVANCE WOMEN, GROW BUSINESS & TRANSFORM OUR INDUSTRY'S WORKPLACE THROUGH THE POWER OF COMMUNITY. 18 18 54 717 0 0 3865962 604617 7183725 9879502 29504 24708 0 0 11079191 10508827 0 0 0 0 4040020 5274249 0 0 598174 4080285 6774173 8120305 12048422 2958886 -1539595 6845772 5015900 2227795 2150770 4617977 2865130 X ADVANCE WOMEN, GROW BUSINESS & TRANSFORM OUR INDUSTRY'S WORKPLACE THROUGH THE POWER OF COMMUNITY. 0 0 7726916 9879502 FOUNDED IN 2001 AS A 501(C)(3) NONPROFIT ASSOCIATION, NEXTUP PARTNERS WITH NATIONAL AND LOCAL ORGANIZATIONS TO DELIVER HANDS-ON LEADERSHIP OPPORTUNITIES, NETWORKING, AND LEARNING PROGRAMS DEDICATED TO ADVANCING ALL WOMEN. IN 2022, WE EVOLVED OUR IDENTITY TO EMBRACE A NEW GENERATION OF DIVERSE LEADERS, AND TO FUTURE-PROOF OUR MISSION OF ADVANCING ALL WOMEN IN BUSINESS FOR MANY YEARS TO COME. OUR NAME CHANGED, BUT THAT MISSION REMAINS OUR NORTH STAR. WHAT MAKES NEXTUP DIFFERENT? OUR POWERFUL PARTNERSHIPS WITH 100+ LEADING COMPANIES AND OUR 21 REGIONS. TOGETHER, WE REPRESENT AN UNMATCHED NETWORK OF WOMEN AND THEIR ALLIES UNIFIED BY OUR MISSION.OUR PROVEN LEARNING APPROACH IS BASED (CONTINUED ON SCHEDULE O)ON THE 70/20/10 ADULT LEARNING MODEL DEVELOPED BY THE CENTER FOR CREATIVE LEADERSHIP, WHICH EMPHASIZES LEARNING BY DOING (70%) AS WELL AS LEARNING THROUGH OTHERS (20%) AND FORMAL LEARNING (10%). THE GOAL OF OUR MISSION IS TO PROVIDE IMPACT BY IMPROVING LEADERSHIP CAPACITY AND SUPPORTING A MORE DIVERSE, EQUITABLE, AND INCLUSIVE WORKPLACE FOR ALL WOMEN. NEXTUP'S PROGRAMS SEEK TO OPEN MINDS THROUGH OUR COHORT- BASED LEARNING MODEL, BUILD LEADERSHIP CAPACITY TO TRANSFORM WORKPLACE CULTURES, AND CREATE LEADERSHIP OPPORTUNITIES THROUGH VOLUNTEER PROGRAMMING IN OUR REGIONAL COMMUNITIES.IN 2022, OUR PROGRAM SERVICE ACCOMPLISHMENTS RESULTED IN OVER 81 LEARNING EVENTS AND PROGRAMS AND APPROXIMATELY 17K REGISTRATIONS. THE FACETS OF OUR PROGRAM INCLUDE THE FOLLOWING: A) RISING STARS, OUR PREMIER DEVELOPMENT PROGRAM BUILDING LEADERSHIP CAPABILITIES THROUGH SELF-AWARENESS; B) SOAR, A PROGRAM TARGETED TO DIRECTOR AND SENIOR DIRECTOR LEVEL MEMBERS THAT HELPS BOOST CAREERS AND ELEVATE EXECUTIVE SKILLS; AND C) BEYOND ALLIES WHICH IS OPEN TO ALL LEADERS INCLUDING OUR MALE ALLIES. THIS PROGRAM FOCUSES ON WORKPLACE CHALLENGES AND BUILDING EMOTIONAL INTELLIGENCE IN THE WORKPLACE.FINALLY, EACH YEAR THE CULMINATION OF OUR PROGRAMMING EXPERIENCES FOR OUR MEMBERS, VOLUNTEERS, AND CORPORATE PARTNERS IS OUR NATIONAL EVENTS. DURING THIS PROGRAM YEAR, WE HELD OUR FIRST IN-PERSON EVENTS SINCE 2020 AND HOSTED 1662 PARTICIPANTS. OUR EVENTS PROVIDE AUTHENTIC EXPERIENCES WHERE CURRENT LEADERS PARTICIPATE IN MOTIVATING LEADERSHIP SESSIONS FROM INDUSTRY GIANTS, VITAL NETWORKING CONNECTIONS, AND EMPOWERING LESSONS THAT THAT HELP ADVANCE OUR MISSION TO ADVANCE ALL WOMEN IN THE WORKPLACE. 7726916 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 109 0 1 54 1 0 1 CA 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 1 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AR CA FL GA IL MI MN NY NC PA TN VA X KRISTI ALLEN 3122570379 PO BOX 64417 CHICAGO IL 60664 ABBE LUERSMAN CHAIR 5.00 X X 0 0 0 DAGMAR BOGGS VICE CHAIR 5.00 X X 0 0 0 BETH MARRION TREASURER 5.00 X X 0 0 0 MELODY RICHARD SECRETARY 5.00 X X 0 0 0 MONICA TURNER RECENT PAST CHAIR 1.50 X 0 0 0 CHAU BANKS DIRECTOR 1.50 X 0 0 0 CHRISTINA BIENIEK DIRECTOR 1.50 X 0 0 0 MARLA DAUDELIN DIRECTOR 1.50 X 0 0 0 WENDY DAVIDSON DIRECTOR 1.50 X 0 0 0 ALBERTO DOMINGUEZ DIRECTOR 1.50 X 0 0 0 VERONICA FERNANDEZ DIRECTOR 1.50 X 0 0 0 TONYA HERRING DIRECTOR 1.50 X 0 0 0 VALERIE JABBAR DIRECTOR 1.50 X 0 0 0 DIANA MARSHALL DIRECTOR 1.50 X 0 0 0 ANDI MARSTON DIRECTOR 1.50 X 0 0 0 CHRIS SKYERS DIRECTOR 1.50 X 0 0 0 MIKE THEILMANN DIRECTOR 1.50 X 0 0 0 JENNIFER WILSON DIRECTOR 1.50 X 0 0 0 SARAH ALTER PRESIDENT & CEO 40.00 X 437565 0 9785 CAROL JONES VP, FINANCE & ADMINISTRATION 40.00 X 257004 0 6486 TAMIKO OLABINTAN COO (FROM 3/2022) 40.00 X 237500 0 4445 LAURIE GREER VP, STRATEGIC PARTNERSHIPS 40.00 X 303077 0 7400 KAREN JONES VP, LEARNING & PARTNER SOLUTIONS 40.00 X 247577 0 6507 JULIE BASILE VP, REGIONS COMMUNITY & MARKETING 40.00 X 195578 0 4869 DANIT L SCHLEMAN VP, STRATEGIC VALUES 40.00 X 177183 0 3938 KRISTEN LEE DIR, RESEARCH & LEARNING STRATEGIES 40.00 X 143040 0 4179 1998524 0 47609 13 0 1 0 HEARTWOOD HEALING LLC 10240 176TH ST WEST LAKEVILLE MN 55044 EVENT MANAGEMENT 208703 NUBLACK CONSULTING PO BOX 473249 BROOKLYN NY 11247 CONSULTING 106023 2 604617 84332 604617 EDUCATIONAL/NETWORKING 900099 5734185 5734185 MEMBERSHIP DUES 900099 4140384 4140384 PROGRAM RELATED SALES 900099 4933 4933 9879502 24708 24708 10508827 9879502 0 24708 952785 387401 495101 70283 3620499 1472090 1881341 267068 53202 21632 27646 3924 300575 122213 156190 22172 347188 141166 180411 25611 15484 8648 4181 2655 84642 84642 7172 7172 962114 476581 352653 132880 101282 62262 37258 1762 487993 241609 184123 62261 265871 186110 79402 359 4508312 4411383 96739 190 6739 2804 3444 491 CREDIT CARD FEES 132823 132823 PAYROLL FEES 74243 30187 38579 5477 BAD DEBT 71689 71689 MISCELLANEOUS 21235 8835 10852 1548 34574 21172 11909 1493 12048422 7726916 3723332 598174 4368893 2951869 219494 252492 611467 541855 387923 240402 1257995 1029282 6845772 5015900 671811 1092253 1555984 1058517 2227795 2150770 X 2562231 1405594 2055746 1459536 4617977 2865130 6845772 5015900 -1539595 -213252 0 X 0 1 X 1 0 X 2300646 2782838 672894 3865962 604617 10226957 2300646 2782838 672894 3865962 604617 10226957 2263158 7963799 26 31593 21905 29504 24708 107736 10334693 35227511 0.77060 0.81410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 10363403 -213252 75000 -138252 10501655 7172 7172 10508827 12116250 75000 75000 12041250 7172 7172 12048422 PART X, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THE ORGANIZATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. NORTH AMERICA 0 0 PROGRAM SERVICES REGIONAL GROUP ACTIVITIES INCLUDING LEARNING EVENTS AND OTHER ACTIVITIES TO BUILD LEADERSHIP SKILLS AND CREATE LASTING RELATIONSHIPS. 45452 0 0 0 0 0 0 45452 0 45452 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X 0 0 0 0 0 0 0 1 0 SARAH ALTER PRESIDENT & CEO 367565 0 70000 0 0 0 8756 0 1029 0 447350 0 0 0 LAURIE GREER VP, STRATEGIC PARTNERSHIPS 225010 0 78067 0 0 0 6069 0 1331 0 310477 0 0 0 CAROL JONES VP, FINANCE & ADMINISTRATION 200004 0 57000 0 0 0 5143 0 1343 0 263490 0 0 0 KAREN JONES VP, LEARNING & PARTNER SOLUTIONS 192506 0 55071 0 0 0 4957 0 1550 0 254084 0 0 0 TAMIKO OLABINTAN COO (FROM 3/2022) 237500 0 0 0 0 0 3250 0 1195 0 241945 0 0 0 JULIE BASILE VP, REGIONS COMMUNITY & MARKETING 135578 0 60000 0 0 0 3913 0 956 0 200447 0 0 0 DANIT L SCHLEMAN VP, STRATEGIC VALUES 170209 0 6974 0 0 0 2991 0 947 0 181121 0 0 0 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED BONUS PAYMENTS: - SARAH ALTER $70,000 - LAURIE GREER $78,067 - CAROL JONES $57,000 - KAREN JONES $55,071 - JULIE BASILE $60,000 - DANIT L. SCHLEMAN $6,974 - KRISTIN LEE $13,619 X REGIONAL PRODUCTS 61 84332 FMV 0 0 0 0 PART I, COLUMN (B): THIS COLUMN REPORTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 6 NEXTUP HAS APPROXIMATELY 14,293 INDIVIDUAL MEMBERS WHO ARE ABLE TO PARTICIPATE IN THE EDUCATIONAL AND LEADERSHIP DEVELOPMENT ACTIVITIES OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY MANAGEMENT. PRIOR TO FILING THE FORM 990, THE NEXTUP GOVERNING BOARD RECEIVED A COPY OF THE FILING. FORM 990, PART VI, SECTION B, LINE 12C 1. IF THE BOARD DETERMINES THAT A PARTICULAR RELATIONSHIP OR TRANSACTION REPRESENTS AN ACTUAL, POTENTIAL OR APPARENT CONFLICT OF INTEREST, IT SHALL RESOLVE SUCH ACTUAL, POTENTIAL OR APPARENT CONFLICT IN ONE OF THE FOLLOWING MANNERS: A. WAIVE THE ACTUAL, POTENTIAL OR APPARENT CONFLICT AS UNLIKELY TO AFFECT THE DIRECTOR'S ABILITY TO ACT IN THE BEST INTERESTS OF NEW. B. DETERMINE THAT THE DIRECTOR SHOULD BE RECUSED FROM ALL DELIBERATIONS AND DECISION-MAKING RELATED TO THE PARTICULAR TRANSACTION WHICH GIVES RISE TO THE ACTUAL, POTENTIAL OR APPARENT CONFLICT. C. DETERMINE THAT THE DIRECTOR MUST RESIGN FROM HIS/HER SERVICE TO NEW BECAUSE THE ACTUAL, POTENTIAL OR APPARENT CONFLICT IS SO PERVASIVE THAT THE DIRECTOR WOULD SELDOM, IF EVER, LIKELY BE ABLE TO ACT IN THE BEST INTERESTS OF NEW. 2. THE FOLLOWING PROCEDURE IS APPLICABLE TO ALL INSTANCES IN WHICH A DIRECTOR (OR THE DIRECTOR'S COMPANY, ORGANIZATION OR ANOTHER ENTITY FOR WHICH THE DIRECTOR SERVES IN A LEADERSHIP, EMPLOYMENT OR OWNERSHIP CAPACITY, OR A MEMBER OF THE DIRECTOR'S FAMILY) SEEKS TO PROVIDE GOODS OR SERVICES TO NEW AS A PAID VENDOR, OR SEEKS TO RECEIVE A SIGNIFICANT GRANT OR CONTRACT FOR ONE OF THE THREE ORGANIZATIONS. A. THE DIRECTOR MUST DISCLOSE TO THE BOARD IN ADVANCE OF ANY RELATED ACTION TO BE TAKEN BY THE BOARD HIS/HER INTENT TO SEEK TO PROVIDE GOODS OR SERVICES AS A PAID VENDOR TO NEW, OR RECEIVE A GRANT OR CONTRACT FROM NEW; B. AFTER DISCLOSURE, THE DIRECTOR MAY MAKE A PRESENTATION TO THE BOARD REGARDING THE PROPOSED TRANSACTION OR ARRANGEMENT, BUT AFTER SUCH PRESENTATION, THE DIRECTOR MUST RECUSE HIMSELF/HERSELF FROM ALL DELIBERATIONS AND VOTING RELATED TO THE CONTEMPLATED ACTION; C. IF THE VALUE OF THE TRANSACTION EXCEEDS $5,000, NEW MUST, THROUGH A REQUEST FOR PROPOSAL PROCESS, HAVE SOLICITED PROPOSALS BROADLY FROM OTHER QUALIFIED VENDORS/ PROSPECTIVE GRANT OR CONTRACT RECIPIENTS AND RECEIVED (OR ATTEMPTED TO RECEIVE) WRITTEN BIDS FROM AT LEAST THREE SUCH INDIVIDUALS/ ENTITIES (INCLUDING THE DIRECTOR); D. AFTER EXERCISING DUE DILIGENCE, THE BOARD SHALL EXERCISE ITS BEST EFFORTS TO DETERMINE WHETHER NEW CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST; E. THE BOARD MUST DETERMINE (WITHOUT THE PRESENCE OR PARTICIPATION OF THE DIRECTOR), UPON ADVICE OF ITS COUNSEL AND BY A MAJORITY VOTE OF THEDISINTERESTED MEMBERS OF THE BOARD, THAT THE TRANSACTION OR ARRANGEMENT IS FAIR AND REASONABLE AND IN NEW'S BEST INTEREST BASED ON ALL OF THE FACTS AND CIRCUMSTANCES, AND SUCH DETERMINATION (INCLUDING THE FACT THAT IS WAS MADE IN THE ABSENCE OF THE DIRECTOR) SHALL BE DOCUMENTED AS PART OF THE RELEVANT MEETING MINUTES (ALL COMPETING BIDS RECEIVED SHOULD BE RETAINED AS WELL); AND F. IF SELECTED, THE DIRECTOR MAY NOT PARTICIPATE IN ANY PROCESS BY WHICH HIS/HER PERFORMANCE AS A VENDOR/GRANT OR CONTRACT RECIPIENT IS EVALUATED. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT & CHIEF EXECUTIVE OFFICER'S COMPENSATION IS REVIEWED ANNUALLY WORKING WITH A COMPENSATION CONSULTING GROUP AND A COMPENSATION COMMITTEE WHICH IS ESTABLISHED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ARE INDEPENDENT. EXTERNAL DATA IS RECEIVED FROM THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES AND PRM TO SUBSTANTIATE AND SUPPORT THE COMPENSATION LEVEL. THE COMPENSATION COMMITTEE CHAIR MAKES CHANGE RECOMMENDATIONS TO THE FIVE OFFICERS OF THE BOARD. THE APPROVED INCREASES/CHANGES ARE PRESENTED TO THE BOARD. COMPENSATION CHANGES FOR OTHER EMPLOYEES IS BASED ON THEIR LEVEL. FOR THE TOP THREE EXECUTIVES REPORTED ON THE FORM 990 BELOW THE CEO/PRESIDENT, THE COMPENSATION COMMITTEE CHAIR WITH INPUT FROM THE CEO/PRESIDENT MAKES CHANGE RECOMMENDATIONS TO THE FIVE OFFICERS OF THE BOARD. THE APPROVED INCREASES ARE PRESENTED TO THE BOARD. FOR OTHER VICE PRESIDENTS AND ABOVE THE CEO/PRESIDENT WITH THE FIVE OFFICERS OF THE BOARD APPROVE ANY CHANGES. THE LAST COMPENSATION REVIEW TOOK PLACE IN NOVEMBER 2022. FORM 990, PART VI, SECTION C, LINE 19 THE NETWORK OF EXECUTIVE WOMEN, INC. MAKES ITS GOVERNING DOCUMENTS AND ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON THEIR WEBSITE. THE FINANCIAL STATEMENTS ARE NOT AVAILABLE FOR PUBLIC INSPECTION.