2023-11-13T12:31:58-06:00 2022-12-31 135565207 KPMG LLP 1601 MARKET STREET PHILADELPHIA PA 19103 990 2022-01-01 362746754 GS1 US INC GS1U 6096200200 300 CHARLES EWING BVLD EWING NJ 08628 YEGNESWARAN KUMAR CFO 6096200200 2023-11-10 1 YEGNESWARAN KUMAR 999009999 0 PHILLIP E GROFF P01247783 2672567000 2023-11-09 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBERT CARPENTER 300 CHARLES EWING BVLD EWING NJ 08628 220166517 0 X WWW.GS1US.ORG X 1971 DE THE PURPOSE OF GS1 US, INC. IS TO ENABLE INDUSTRIES TO OPERATE MORE EFFICIENTLY AND EFFECTIVELY, THEREBY SERVING THE INTERESTS OF MEMBERS AND CUSTOMERS BY DEVELOPING, RECOMMENDING, PROMOTING, OVERSEEING, AND SECURING ADMINISTRATION OF EFFECTIVE GLOBAL SUPPLY CHAIN MANAGEMENT STANDARDS AND TECHNIQUES. 20 19 239 24 300911 269724 0 0 71599518 75286674 22263983 5905257 0 0 93863501 81191931 0 0 0 0 38761726 42222546 0 0 0 33549606 38705691 72311332 80928237 21552169 263694 478037755 415697471 46806204 62512396 431231551 353185075 X SEE SCHEDULE O, PART I DESCRIPTION. 0 0 STANDARDS - GS1 US MISSION IS TO HELP ORGANIZATIONS OF ALL SIZES RANGING FROM LARGE MULTI-NATIONAL CORPORATIONS TO SMALL START-UP BUSINESSES UNIQUELY AND CONSISTENTLY IDENTIFY PRODUCTS, ASSETS, SHIPMENTS, AND PHYSICAL LOCATIONS THROUGHOUT THE GLOBAL SUPPLY CHAIN. THESE FOUNDATIONAL ELEMENTS ENABLE TRADING PARTNERS TO EXCHANGE INFORMATION CRITICAL TO THEIR BUSINESSES. ADVISORY SERVICES - GS1 US CUSTOMIZES GUIDANCE AND INDUSTRY-SPECIFIC EXPERTISE TO HELP ORGANIZATIONS IMPLEMENT GS1 STANDARDS. EDUCATION & TRAINING - THROUGH CERTIFICATE COURSES, WORKSHOPS, AND BOTH LIVE AND ON-DEMAND EDUCATIONAL WEBINARS, GS1 US HELPS ORGANIZATIONS UNDERSTAND HOW TO USE GS1 STANDARDS TO HELP INNOVATE, OPERATE MORE EFFICIENTLY, AND BUILD CAPABILITIES THAT DRIVE YOUR BUSINESS. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 53 0 1 239 1 1 1 0 0 0 1 1 0 1 0 X 20 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X CRAIG WELLENS 6096204612 300 CHARLES EWING BOULEVARD EWING NJ 08628 ROBERT CARPENTER CEO & BOARD MEMBER 40.00 0.00 X X 3329156 0 60821 DAVE BORNMANN BOARD MEMBER 1.00 0.00 X 0 0 0 STEVE BREEN BOARD MEMBER 1.00 0.00 X 0 0 0 ALFREDO COLAS VICE & BOARD MEMBER 1.00 0.00 X X 0 0 0 GERRY COLLINS BOARD MEMBER BEG & END NOV 2022 1.00 0.00 X 0 0 0 RENAUD DE BARBUAT BOARD MEMBER BEG JUL 2022 1.00 0.00 X 0 0 0 DAVE DELAUS BOARD MEMBER 1.00 0.00 X 0 0 0 BRIAN DICK BOARD MEMBER BEG NOV 2022 1.00 0.00 X 0 0 0 SCOTT GAFFNEY BOARD MEMBER BEG NOV 2022 1.00 0.00 X 0 0 0 SAM HEYWORTH BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT HOWELL BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN INWRIGHT CHAIR & BOARD MEMBER 1.00 0.00 X X 0 0 0 JULIA LANDRY BOARD MEMBER 1.00 0.00 X 0 0 0 MIGUEL LOPERA BOARD MEMBER UNTIL JUL 2022 1.00 0.00 X 0 0 0 SUSAN MOFFATT-BRUCE VICE CHAIRWOMAN & BOARD MEMBER 1.00 0.00 X X 0 0 0 JOHN PHILLIPS BOARD MEMBER 1.00 0.00 X 0 0 0 SANJAY SARMA BOARD MEMBER 1.00 0.00 X 0 0 0 CHARLES SCHAFER BOARD MEMBER 1.00 0.00 X 0 0 0 JOSEPH SHERIDAN BOARD MEMBER 1.00 0.00 X 0 0 0 RANDY SKODA BOARD MEMBER 1.00 0.00 X 0 0 0 BRAD SPICKERT BOARD MEMBER 1.00 0.00 X 0 0 0 MEREDITH G STEVENS BOARD MEMBER UNTIL MAY 2022 1.00 0.00 X 0 0 0 DICK TRACY BOARD MEMBER 1.00 0.00 X 0 0 0 KEVIN URBAN BOARD MEMBER 1.00 0.00 X 0 0 0 YOSSI ZOMET BOARD MEMBER 1.00 0.00 X 0 0 0 YEGNESWARAN KUMAR SVP, CFO 40.00 0.00 X 1061617 0 61166 SIOBHAN O'BARA SVP, COMMUNITY ENGAGEMENT 40.00 0.00 X 836314 0 35878 MELANIE HILTON SVP, CORPORATE DEVELOPMENT 40.00 0.00 X 583834 0 49553 CARRIE WILKIE SVP, ENTERPRISE PROGRAM DELIVERY 40.00 0.00 X 559423 0 37456 RUCHI DATTA VP & GENERAL COUNSEL 40.00 0.00 X 466572 0 63754 WILLIAM STRAWDERMAN SVP, MARKETING 40.00 0.00 X 450514 0 64254 WILLIAM FRASER VP, TECHNOLOGY 40.00 0.00 X 392664 0 63468 PAUL WOOD VP, ENTERPRISE PROGRAM MGMT 40.00 0.00 X 370929 0 63754 JOHN HODERNY SVP, HUMAN RESOURCES BEG DEC 2022 40.00 0.00 X 315564 0 63754 ANGELA FERNANDEZ VP, COMMUNITY ENGAGEMENT 40.00 0.00 X 402839 0 60818 MICHELLE COVEY VP, PARTNERSHIPS 40.00 0.00 X 341477 0 50253 CRAIG WELLENS CORPORATE CONTROLLER 40.00 0.00 X 339562 0 63754 RYAN RICHARD VP, COMMUNITY ENGAGEMENT 40.00 0.00 X 317471 0 38506 GENA MORGAN VP, STANDARDS 40.00 0.00 X 303952 0 37829 GREGORY ROGERS FORMER SVP, HUMAN RESOURCES 40.00 0.00 X 614628 0 48068 10686516 0 863086 119 1 1 0 THE BAILEY GROUP 200 W GERMANTOWN PIKE PLYMOUTH MEETING PA 19462 MARKETING 2260773 ANEXINET CORPORATION 4 SENTRY PARKWAY BLUE BELL PA 19422 IT CONSULTING 1098968 TECHASPECT SOLUTIONS INC 5600 MOWRY SCHOOL ROAD SUITE 220 NEWARK CA 94560 IT CONSULTING 1097987 NESS USA INC 1000 TOWN CENTER WAY CANONSBURG PA 15317 IT CONSULTING 1045627 HITACHI SOLUTIONS AMERICA LTD 100 SPECTRUM CTR DR STE 350 IRVINE CA 92618 IT CONSULTING 988438 39 MEMBERSHIP DUES 541900 70607897 70607897 PROGRAM/CONFERENCE REV 541900 4067445 4067445 SHARED SERVICES FEES 541900 611332 611332 75286674 5655715 300911 5354804 139224128 138963726 10860 260402 -10860 249542 249542 81191931 75286674 300911 5604346 8930448 23268462 1414773 6481147 2127716 484446 200000 746393 10876900 1534872 687829 3318929 2197418 962458 3390716 5134886 6252864 223014 BANK FEES 1636734 SUBSCRIPTIONS 977018 TEMPORARY SERVICES 65776 INCOME TAXES 15438 80928237 0 0 3766472 6347839 326914 443402 6016000 8276000 5656152 5438523 36984071 24356535 13267792 12627536 294542379 222900498 154462046 145608486 14055187 478037755 415697471 23141330 23951603 22635093 24295238 1029781 14265555 46806204 62512396 X 431231551 353185075 431231551 353185075 478037755 415697471 263694 -78310170 0 X X 0 1 X 1 0 0 1 0 5063561 2234500 2829061 963735 655282 308453 30956775 21466753 9490022 12627536 HEDGE FUND OF FUNDS 68415433 F REAL ESTATE INVESTMENT TRUST 14097413 F FIXED INCOME 33561112 F MULTI-STRATEGY PRIVATE EQUITY 6410048 F MULTI-STRATEGY PRIVATE DEBT 4121872 F COLLECTIVE TRUST 19002608 F 145608486 DUES PAYABLE 1076703 LONG TERM OPERATING LEASE LIABILITY 13188852 14265555 X 2146228 -78310170 10860 -78299310 80445538 746393 746393 81191931 80192704 10860 10860 80181844 746393 746393 80928237 PART X, LINE 2: INCOME TAXES THE FOLLOWING STATEMENT IS THE FOOTNOTE IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR UNCERTAIN TAX POSITION UNDER ASC 740-10 (FIN 48): GS1 US, INC. HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING THAT IT IS EXEMPT FROM TAXATION UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AND IS RECOGNIZED AS A SECTION 501(C)(6) ORGANIZATION. GS1 US RECOGNIZES INCOME TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINABLE BASED ON THE MERITS OF THE POSITION. MANAGEMENT HAS CONCLUDED THAT THERE ARE NO MATERIAL TAX LIABILITIES THAT NEED TO BE RECORDED. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN FROM SALE OF ASSET 10,860. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 218390 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 1808749 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 22217603 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2000000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 4000000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 13206 0 0 0 0 0 0 30257948 0 30257948 1 0 1 1 1 0 PART III ACCOUNTING METHOD: PART I, LINE 3, COLUMN (F) THE ACCOUNTING METHOD IS ACCRUAL. X 1 0 X X X X 0 0 0 ROBERT CARPENTER CEO & BOARD MEMBER 785408 0 771284 0 1772464 0 24400 0 36421 0 3389977 0 0 0 YEGNESWARAN KUMAR SVP, CFO 414722 0 206645 0 440250 0 24400 0 36766 0 1122783 0 0 0 SIOBHAN O'BARA SVP, COMMUNITY ENGAGEMENT 363676 0 200882 0 271756 0 24400 0 11478 0 872192 0 0 0 GREGORY ROGERS FORMER SVP, HUMAN RESOURCES 0 0 154168 0 460460 0 24400 0 23668 0 662696 0 0 0 MELANIE HILTON SVP, CORPORATE DEVELOPMENT 266526 0 120986 0 196322 0 24400 0 25153 0 633387 0 0 0 CARRIE WILKIE SVP, ENTERPRISE PROGRAM DELIVERY 277735 0 132632 0 149056 0 24400 0 13056 0 596879 0 0 0 RUCHI DATTA VP & GENERAL COUNSEL 277461 0 109962 0 79149 0 24400 0 39354 0 530326 0 0 0 WILLIAM STRAWDERMAN SVP, MARKETING 237434 0 108180 0 104900 0 24400 0 39854 0 514768 0 0 0 ANGELA FERNANDEZ VP, COMMUNITY ENGAGEMENT 248897 0 84995 0 68947 0 24400 0 36418 0 463657 0 0 0 WILLIAM FRASER VP, TECHNOLOGY 262726 0 80354 0 49584 0 24400 0 39068 0 456132 0 0 0 PAUL WOOD VP, ENTERPRISE PROGRAM MGMT 228954 0 75350 0 66625 0 24400 0 39354 0 434683 0 0 0 CRAIG WELLENS CORPORATE CONTROLLER 219261 0 75684 0 44617 0 24400 0 39354 0 403316 0 0 0 MICHELLE COVEY VP, PARTNERSHIPS 211664 0 68902 0 60911 0 24400 0 25853 0 391730 0 0 0 JOHN HODERNY SVP, HUMAN RESOURCES BEG DEC 2022 223809 0 71230 0 20525 0 24400 0 39354 0 379318 0 0 0 RYAN RICHARD VP, COMMUNITY ENGAGEMENT 221924 0 74217 0 21330 0 24400 0 14106 0 355977 0 0 0 GENA MORGAN VP, STANDARDS 229034 0 73778 0 1140 0 24400 0 13429 0 341781 0 0 0 SCHEDULE J, PART I, LINE 1 A THE FOLLOWING INDIVIDUALS RECEIVED A TAX GROSS UP ON GIFTS THAT WERE TREATED AS TAXABLE COMPENSATION: ROBERT CARPENTER, CARRIE WILKIE, AND JOHN HODERNY. FORM 990, PART VI, SECTION A, LINE 6 GOVERNANCE, MANAGEMENT, AND DISCLOSURE THE BYLAWS OF GS1 US, INC. (THE "CORPORATION") WERE AMENDED EFFECTIVE AS OF MAY 13, 2020, TO PROVIDE THAT A MAJORITY OF THE MEMBERS OF THE BOARD OF GOVERNORS (THE GOVERNING BODY OF THE CORPORATION) SHALL BE INDIVIDUALS WHO HAVE BEEN NOMINATED BY THE EXECUTIVE LEADERSHIP COMMITTEES OF THE INDUSTRY INITIATIVES. MEMBERS OF THE CORPORATION ARE ADMITTED UPON OBTAINING A COMPANY PREFIX, A GS1 IDENTIFICATION KEY AND/OR JOINING AN INDUSTRY INITIATIVE AND PAYING THE APPLICABLE DUES AND FEES. AN INDUSTRY INITIATIVE IS ANY ONE OF SEVERAL INDUSTRY-SPECIFIC INITIATIVES FORMED BY THE CORPORATION TO SUPPORT MEMBERS BY DEVELOPING, RECOMMENDING, PROMOTING, OVERSEEING, AND SECURING ADMINISTRATION OF EFFECTIVE GLOBAL SUPPLY CHAIN MANAGEMENT STANDARDS AND TECHNIQUES APPLICABLE TO THE SPECIFIED INDUSTRY. THE GOVERNING BODY OF EACH INDUSTRY INITIATIVE IS ITS EXECUTIVE LEADERSHIP COMMITTEE, THE MEMBERS OF WHICH ARE ELECTED BY THE MEMBERS OF SUCH INDUSTRY INITIATIVE. FORM 990, PART VI, SECTION A, LINE 7A SEE SCHEDULE O, SECTION A, LINE 6. FORM 990, PART VI, SECTION A, LINE 7B AS EXPLAINED IN THE NARRATIVE RESPONSE TO QUESTION 6 OF PART VI, SECTION A, THE PROCEDURES FOR APPOINTMENT OF MEMBERS OF THE BOARD OF GOVERNORS EFFECTIVELY RESERVE ALL GOVERNANCE DECISIONS OF THE ORGANIZATION TO THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE COMPANY AND IN CONSULTATION WITH GS1 US, INC. STAFF MEMBERS. THE DRAFT PREPARED BY THE ACCOUNTING FIRM IS THEN REVIEWED BY THE COMPANY'S FINANCE DEPARTMENT AND CERTAIN MEMBERS OF THE LEADERSHIP TEAM (CEO, HEAD OF HUMAN RESOURCES, CFO, AND GENERAL COUNSEL). A COPY OF THE FORM IS PROVIDED TO THE BOARD OF GOVERNORS (DIRECTORS), FINANCE AND AUDIT COMMITTEE, AND HR AND COMPENSATION COMMITTEE FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C GS1 US, INC. HAS A CODE OF ETHICS/CONFLICT OF INTEREST POLICY REQUIRING EXECUTIVES, BOARD MEMBERS, MANAGERS, AND ALL OTHER EMPLOYEES TO REVIEW THE POLICY ANNUALLY AND COMPLETE A NOTIFICATION OF COMPLIANCE FORM. EMPLOYEES AND BOARD MEMBERS ARE ASKED TO ACKNOWLEDGE THEIR COMPLIANCE WITH THE POLICY AND/OR DISCLOSE ANY POTENTIAL CONFLICTS EACH YEAR. WHEN ENCOUNTERING POTENTIAL CONFLICTS OF INTEREST, BOARD MEMBERS SHALL IDENTIFY THE POTENTIAL CONFLICT AND, AS REQUIRED, REMOVE THEMSELVES FROM ALL DISCUSSIONS AND VOTING ON THE MATTER. ANY DISCLOSED CONFLICTS OF INTERESTS ARE REVIEWED BY HUMAN RESOURCES AND ESCALATED AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE METHODOLOGY AND PHILOSOPHY USED BY GS1 US, INC. IN BENCHMARKING JOBS IN THE MARKET HAS BEEN IN PLACE SINCE 2004. IN ORDER TO SERVICE ITS MEMBERS, GS1 US, INC. MUST BE ABLE TO RECRUIT EMPLOYEES WITH APPROPRIATE SKILLS AND BACKGROUND FROM ORGANIZATIONS THAT ARE SIMILAR IN SIZE AND SCOPE TO ITS MEMBER BASE. FOR THE TOP EXECUTIVE POSITIONS, MARKET DATA ARE REVIEWED FROM A BENCHMARK GROUP WHICH CONSISTS OF ORGANIZATIONS WITH $50 MILLION TO $1.5 BILLION IN REVENUE. FROM TIME TO TIME, WHEN DATA DOES NOT EXIST IN THIS RANGE, WE MUST EXPAND THE SIZE OF THE BENCHMARK GROUP. THIS COMPARISON GROUP OF ORGANIZATIONS CLOSELY REFLECTS GS1 US, INC.'S LABOR MARKET FOR EXECUTIVE TALENT AND RECOGNIZES THE PAY LIMITATIONS THAT ARE IMPOSED ON TAX-EXEMPT ORGANIZATIONS. APPROXIMATELY EVERY TWO YEARS, GS1 US COMPLETES A FULL MARKET STUDY OF THE EXECUTIVE LEVEL POSITIONS THROUGH A THIRD-PARTY FIRM. GS1 US SUBSCRIBES TO THE WILLIS TOWERS WATSON GENERAL INDUSTRY EXECUTIVE COMPENSATION SURVEY - U.S. TO OBTAIN THIS MARKET DATA. FROM THIS DATA, THE COMPENSATION DEPARTMENT CREATES SALARY RANGES, MERIT BUDGETS, AND BONUS TARGETS. THIS DATA, ALONG WITH INDIVIDUAL EXECUTIVE COMPENSATION LEVELS, IS PROVIDED ANNUALLY TO THE COMPENSATION COMMITTEE OF THE BOARD AND THEN TO THE BOARD PLANNING COMMITTEE FOR FINAL APPROVAL. INDIVIDUALS INVOLVED IN THE COMPENSATION DETERMINATION PROCESS ARE INDEPENDENT WITH RESPECT TO EACH ARRANGEMENT AT ISSUE AND WILL RECUSE THEMSELVES FROM THE PROCESS IN THE EVENT A CONFLICT OF INTEREST ARISES (I.E., COMPENSATION COMMITTEE MEMBERS DO NOT PARTICIPATE IN SETTING THEIR OWN SPECIFIC COMPENSATION ARRANGEMENTS). GS1 US, INC. MAINTAINS RECORDS OF THE COMPENSATION DETERMINATION PROCESS, BOTH IN THE BOARD MINUTES AND HUMAN RESOURCES DEPARTMENT RECORDS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNANCE, MANAGEMENT, AND DISCLOSURE NO DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2 FINANCIAL STATEMENTS AND REPORTING GS1 US, INC.'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM AS PART OF A CONSOLIDATED FINANCIAL STATEMENT THAT INCLUDES RELATED ENTITIES. GS1 US, INC. HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR OVERSEEING THE AUDIT OF ITS FINANCIAL STATEMENTS AND FOR SELECTING AN INDEPENDENT ACCOUNTING FIRM. EPC GLOBAL US LLC 300 CHARLES EWING BOULEVARD EWING NJ 08628 134251995 PROMOTE EPC DE 0 0 GS1 US INC