2024-03-18T16:52:56-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2022-09-01 232154856 SOROPTIMIST INTERNATIONAL OF THE AMERICAS INC SORO 2158939000 1709 SPRUCE STREET PHILADELPHIA PA 19103 KIMBERLY A GROSSMAN CPA CFO 2158939000 2024-03-12 1 KIMBERLY GROSSMAN CPA 999009999 0 MALLORY GOOD P01704765 2156433900 2024-03-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHELLE J BURNETT 1709 SPRUCE STREET PHILADELPHIA PA 19103 5571511 0 X WWW.SOROPTIMIST.ORG X 1980 PA GLOBAL VOLUNTEER ORGANIZATION ECONOMICALLY EMPOWERING WOMEN & GIRLS WHO FACE OBSTACLES TO SUCCESS. 14 14 40 25133 0 0 3835756 2758417 2692389 2327305 502034 369565 233156 52154 7263335 5507441 413600 479500 0 0 2697855 2708465 0 0 916339 2112678 1701672 5224133 4889637 2039202 617804 16024552 17295828 2351344 2398047 13673208 14897781 X SOROPTIMIST IS A GLOBAL VOLUNTEER ORGANIZATION THAT PROVIDES WOMEN AND GIRLS WITH ACCESS TO THE EDUCATION AND TRAINING THEY NEED TO ACHIEVE ECONOMIC EMPOWERMENT. (CONTINUED ON SCHEDULE O)OUR VISION IS FOR WOMEN AND GIRLS TO HAVE THE RESOURCES AND OPPORTUNITIES TO REACH THEIR FULL POTENTIAL AND LIVE THEIR DREAMS. SOROPTIMIST WAS FORMED IN 1921 IN OAKLAND, CALIFORNIA, AT A TIME WHEN WOMEN WERE NOT PERMITTED TO JOIN SERVICE ORGANIZATIONS. OUR NAME, LOOSELY TRANSLATED FROM THE LATIN, MEANS BEST FOR WOMEN. TODAY, WE HAVE OVER 25,000 MEMBERS AND SUPPORTERS IN COUNTRIES ACROSS NORTH AMERICA, LATIN AMERICA AND THE PACIFIC RIM. WE ARE ONE OF FIVE FEDERATIONS THAT MAKE UP SOROPTIMIST INTERNATIONAL, WHICH HAS CLUBS IN MORE THAN 120 COUNTRIES THROUGHOUT THE WORLD. 0 0 2843410 89500 2340920 MEMBER SUPPORT - PROVIDE THE DEVELOPMENT, TRAINING, PROGRAMS, TOOLS, MATERIALS AND SUPPORT IN SIX LANGUAGES ENABLING OVER 25,000 MEMBERS IN COUNTRIES ACROSS NORTH AMERICA, LATIN AMERICA AND THE PACIFIC RIM TO PROVIDE WOMEN AND GIRLS WITH ACCESS TO THE EDUCATION AND TRAINING THEY NEED TO ACHIEVE ECONOMIC EMPOWERMENT. 544373 390000 0 THE SOROPTIMIST LIVE YOUR DREAM: EDUCATION AND TRAINING AWARDS FOR WOMEN IS ONE OF SOROPTIMIST'S CORNERSTONE PROGRAMS. THROUGH THE PROGRAM, CLUBS IN COUNTRIES ACROSS NORTH AMERICA, LATIN AMERICA AND THE PACIFIC RIM ASSIST WOMEN WHO PROVIDE THE PRIMARY SOURCE OF FINANCIAL SUPPORT FOR THEIR FAMILIES BY GIVING THEM THE RESOURCES THEY NEED TO IMPROVE THEIR EDUCATION, SKILLS, AND EMPLOYMENT PROSPECTS SO THEY MAY REACH AN IMPROVED STANDARD OF LIVING FOR THEMSELVES AND THEIR DEPENDENTS. RECIPIENTS WHO HAVE OVERCOME ENORMOUS OBSTACLES INCLUDING POVERTY, DOMESTIC VIOLENCE, AND TEEN PREGNANCY MAY USE THE AWARDS TO OFFSET ANY COSTS ASSOCIATED WITH THEIR EFFORTS TO ATTAIN HIGHER EDUCATION, SUCH AS BOOKS, CHILDCARE AND TRANSPORTATION. (CONTINUED ON SCHEDULE O) SINCE 1972, SOROPTIMIST HAS DISBURSED MORE THAN $40 MILLION TO MORE THAN 40,000 WOMEN THROUGH THE LIVE YOUR DREAM: EDUCATION AND TRAINING AWARDS FOR WOMEN AWARDS. IN FY22/23, 2,174 WOMEN RECEIVED A LIVE YOUR DREAM AWARD AND A TOTAL OF $2,952,362 WAS DISTRIBUTED AT ALL LEVELS OF THE AWARD. SIA FUNDED $390,000 IN LIVE YOUR DREAM AWARDS BETWEEN SIAHQ AWARDS, NEW CLUB FUNDING, FEDERATION AWARDS, AND REGION FUNDING. 54918 0 0 DREAM IT BE IT: CAREER SUPPORT FOR GIRLS; LAUNCHED IN 2015, SERVES AS SOROPTIMIST'S OTHER CORNERSTONE PROGRAM. THE GOAL OF THE PROGRAM IS TO PROVIDE EDUCATION AND ROLE MODELS TO EMPOWER GIRLS TO PURSUE THEIR CAREER GOALS AND REACH THEIR FULL POTENTIAL. IT PROVIDES GIRLS WITH ACCESS TO PROFESSIONAL ROLE MODELS, CAREER EDUCATION AND THE RESOURCES TO LIVE THEIR DREAMS. CLUBS WORK IN PARTNERSHIP WITH GIRLS WHO FACE OBSTACLES SUCH AS POVERTY OR TEEN PREGNANCY, IN SMALL GROUPS TO PROVIDE THEM WITH THE INFORMATION AND RESOURCES SUCH AS CAREER OPPORTUNITIES, SETTING AND ACHIEVING GOALS, OVERCOMING OBSTACLES TO SUCCESS AND HOW TO MOVE FORWARD AFTER SETBACKS OR FAILURES. SINCE, ITS INCEPTION THE PROGRAM HAS REACHED MORE THAN 100,000 GIRLS ACROSS 15 COUNTRIES AND TERRITORIES. (CONTINUED ON SCHEDULE O)IN FY22/23, 19,114 GIRLS PARTICIPATED IN DREAM IT, BE IT. 3442701 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 36 0 40 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 PA AL AK AR CA CO CT DC FL GA HI KS KY ME MD MA MI MN ND OH OK OR RI SC TN UT VA WA WV WI NV IL NJ NH NM NY NC MO MS X X MICHELLE J BURNETT 2158939000 1709 SPRUCE STREET PHILADELPHIA PA 19103 STEPHANIE SMITH PRESIDENT 20.00 X X 0 0 0 GINGER COLE SECRETARY/TREASURER 5.00 X X 0 0 0 BOBBI ENDERLIN PRESIDENT ELECT 10.00 X X 0 0 0 JUNKO AYABE DIRECTOR 5.00 X 0 0 0 CHIN-YUN CHEN CHENG DIRECTOR 5.00 X 0 0 0 TANNA EDWARDS DIRECTOR 5.00 X 0 0 0 YOKO ISHIMOTO DIRECTOR 5.00 X 0 0 0 JUNGMI LIM DIRECTOR 5.00 X 0 0 0 DEBORAH MACKES DIRECTOR 5.00 X 0 0 0 KAZUKO MORITA DIRECTOR 5.00 X 0 0 0 MILDRED PIAD DIRECTOR 5.00 X 0 0 0 ROSELLA SANTIESTEBAN DIRECTOR 5.00 X 0 0 0 MARIA HELENA R DOS SANTOS DIRECTOR 5.00 X 0 0 0 VIVIAN WALCZESKY DIRECTOR 5.00 X 0 0 0 MICHELLE J BURNETT EXECUTIVE DIRECTOR & CEO 40.00 X 266958 0 24792 SANJAY SHARMA CFO - UNTIL 2/23 40.00 X 113196 0 3953 KIMBERLY GROSSMAN CFO - FROM 3/23 40.00 X 0 0 0 IESHA D BROWN CHIEF IMPACT & ENGAGEMENT OFFICER 40.00 X 129268 0 15349 LISA MANGIAFICO ASSOC. SR DIR RECORDS & RISK MGMT 40.00 X 100410 0 13553 KYMBERLIE ADAMS CHIEF MKTG & DEVELOPMENT OFFICER 40.00 X 105830 0 17746 715662 0 75393 5 0 1 0 THRIVE 707 WHITLOCK AVE NW STE H13 MARIETTA GA 30064 TECHNOLOGY SUPPORT 190665 AGILE CLOUD CONSULTING 276 5TH AVE STE 704-3080 NEW YORK NY 10001 SALESFORCE IMPLEMENTATION CONSULTING 162500 2 2758417 2758417 MEMBERSHIP DUES 900099 2299614 2299614 CONVENTION AND MEETING 900099 27691 27691 2327305 369565 369565 77685 64070 13615 13615 MISCELLANEOUS 900099 38539 38539 38539 5507441 2340920 0 408104 198000 198000 63000 63000 218500 218500 467002 315754 124698 26550 1807800 1172355 169022 466423 85791 53762 10364 21665 171869 111138 18717 42014 176003 114882 22434 38687 20503 12350 2337 5816 56598 34092 6452 16054 27669 27669 131465 79188 14988 37289 28588 18481 3604 6503 37879 19785 5643 12451 346598 214857 59296 72445 92066 60667 12433 18966 116224 80406 17811 18007 19696 16701 1489 1506 123597 80674 15755 27168 131708 116200 5692 9816 TRANSLATION & INTERPRET 253304 220286 928 32090 DUES AND OTHER FEES 163403 89249 11265 62889 SOROPTIMIST INT. DUES 152374 152374 4889637 3442701 530597 916339 3161456 3853604 643992 368747 432454 191546 28947 6484 133436 117350 142075 290711 3429501 1918825 1396829 1510676 10085363 10889908 0 66802 16024552 17295828 567877 512484 1739315 1814108 44152 4653 0 66802 2351344 2398047 X 4173799 5443776 9499409 9454005 13673208 14897781 16024552 17295828 617804 606769 0 X 0 1 X 1 0 X 2687696 2234488 2507995 3835756 2758417 14024352 2687696 2234488 2507995 3835756 2758417 14024352 349053 13675299 280349 277908 229473 502034 369565 1659329 91375 14099 1802 1480 38539 147295 15830976 12933521 0.86380 0.86790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 91,375. 2019 AMOUNT: $ 14,099. 2020 AMOUNT: $ 1,802. 2021 AMOUNT: $ 1,480. 2022 AMOUNT: $ 38,539. SALE OF MERCHANDISE NET - RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 10330471 905196 326996 10908671 12081907 14288 -1506034 259690 10330471 10446546 1635361 12081907 9920764 525782 10446546 9885276 35488 9920764 0.17401 0.82599 0.00000 0 0 28000 28000 2719784 1544607 1175177 681717 374218 307499 1510676 LEASE LIABILITY 66802 66802 X 6465921 606769 379380 986149 5479772 27669 27669 5507441 5241348 379380 379380 4861968 27669 27669 4889637 PART IV, LINE 2B: THE ORGANIZATION RECEIVES FUNDS FROM MEMBER CLUBS ON BEHALF OF OTHER ORGANIZATIONS, WHICH IT HOLDS AND PERIODICALLY MAKES REMITTANCES TO THEM. THESE FUNDS ARE NOT OWNED BY THE ORGANIZATION NOR DOES IT EXERCISE DISCRETION OVER RECEIPTS OR DISBURSEMENTS CONSEQUENTLY, THEY ARE INCLUDED AS A LIABILITY ON THE STATEMENT OF FINANCIAL POSITION. RECEIPTS AND DISBURSEMENTS OF AGENCY FUNDS ARE NOT INCLUDED IN THE STATEMENT OF ACTIVITIES. PART V, LINE 4: THE ENDOWMENT FUND EXISTS TO PROVIDE A SUPPLEMENT TO OPERATING INCOME, AND FOR THE PURPOSES OF LONG TERM GROWTH OF ASSETS FOR THE ORGANIZATION. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN THE INCOME TAXES USING THE FASB ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE REORGANIZED IN THE FINANCIAL STATEMENTS WHEN IT MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. THE ORGANIZATION'S FEDERAL TAX RETURN IS SUBJECT TO AUDIT BY TAXING AUTHORITIES. AS OF AUGUST 31, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 18000 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 144500 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 18000 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 29500 0 0 0 0 0 0 210000 0 210000 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 7000 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 11000 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 9500 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 19000 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 8000 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 20000 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 28000 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 12000 WIRE TRANSFER 0 NORTH AMERICA LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 7500 WIRE TRANSFER 0 NORTH AMERICA LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 9000 WIRE TRANSFER 0 SOUTH AMERICA LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 11500 WIRE TRANSFER 0 SOUTH AMERICA LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 18000 WIRE TRANSFER 0 0 13 LIVE YOUR DREAM AWARDS CENTRAL AMERICA AND THE CARIBBEAN 2 15000 LIVE YOUR DREAM AWARDS EAST ASIA AND THE PACIFIC 3 30000 LIVE YOUR DREAM AWARDS NORTH AMERICA 2 1500 0 0 0 0 0 0 PART I, LINE 2: IN OUR MISSION TO IMPROVE THE LIVES OF WOMEN AND GIRLS THROUGHOUT THE WORLD, IT IS NOT THE POLICY OF SOROPTIMIST INTERNATIONAL TO DETERMINE THE CHARITABLE STATUS OF ORGANIZATIONS RUNNING THE PROGRAMS WHICH ACCOMPLISH OUR MISSION. PART I, LINE 3: FOR SIA'S LIVE YOUR DREAM AWARD PROGRAMS, APPLICANTS ARE CHOSEN AT ALL LEVELS USING THE SAME JUDGING CRITERIA & BASED UPON INFORMATION PROVIDED BY THE APPLICANT. THE AWARDS ARE GIVEN TO SUPPORT THE RECIPIENT'S EDUCATION. FOLLOW UP IS DONE ON THE PLANNED PROGRAM OUTCOMES TO MEASURE IF GOALS OR OBJECTIVES OF THE PROGRAM ARE BEING MET. SOROPTIMIST CLUB GRANTS ARE AWARDED TO SIA CLUBS TO START OR CONTINUE PROJECTS IN THEIR COMMUNITIES THAT IMPROVE THE LIVES OF WOMEN & GIRLS THROUGH ACCESS TO EDUCATION. CLUBS SIGN A CONTRACT STATING THAT THEY WILL UNDERTAKE THE APPROVED PROJECTS & THAT ANY CHANGES NEED TO BE APPROVED BY SIA. THEY ARE ALSO RESPONSIBLE FOR FILING 12 MONTH REPORTS ON THE PROJECTS. PART III ACCOUNTING METHOD: 1 SOROPTIMIST CAMINO REAL REGION PO BOX 861897 LOS ANGELES CA 90086 237076646 501(C)(3) 14000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST CENTRAL EAST COAST REGION 809 TESSIER CT WAKE FOREST NC 27587 832816752 501(C)(3) 8000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST DESERT COAST REGION 1150 N MOUNTAIN AVENUE ROOM 101 UPLAND CA 91786 953280861 501(C)(3) 17000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST FOUNDER REGION 96 TARMAN DRIVE CLOVERDALE CA 95425 942342261 501(C)(3) 14000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST GOLDEN WEST REGION 224 N SYBIL RD PALM SPRINGS CA 92262 953767039 501(C)(3) 11000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST MIDWESTERN REGION 10485 PENNIMAN DRIVE CHARDON OH 44024 366075770 501(C)(3) 11000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST NORTH ATLANTIC REGION 529 FREEDOM DRIVE YARDLEY PA 19067 232334555 501(C)(3) 11000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST NORTHWESTERN REGION 120 HUNTERS RUN HAVERHILL MA 01832 237144276 501(C)(3) 17000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST PEAKS TO PLAINS REGION 217 ELLIOT DR EVANSTON WY 82930 920798555 501(C)(3) 11000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST SIERRA NEVADA REGION 423 F STREET SUITE 102 DAVIS CA 95616 942342761 501(C)(3) 11000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST SIERRA PACIFIC REGION 1328 AUDREY DR TRACY CA 95376 942342745 501(C)(3) 14000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST SOUTH CENTRAL REGION 5065 ROBERTS DR THE COLONY TX 75056 274640795 501(C)(3) 8000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST SOUTHERN REGION PO BOX 7131 PORT SAINT LUCIE FL 34986 593283724 501(C)(3) 8000 0 LIVE YOUR DREAM AWARDS LIVE YOUR DREAM AWARDS 55 63000 PART I, LINE 2: FOR SIA'S LIVE YOUR DREAM AWARD PROGRAMS, APPLICANTS ARE CHOSEN AT ALL LEVELS USING THE SAME JUDGING CRITERIA AND BASED UPON INFORMATION PROVIDED BY THE APPLICANT. THE AWARDS ARE GIVEN TO SUPPORT THE RECIPIENTS EDUCATION. FOLLOW UP IS DONE ON THE PLANNED PROGRAM OUTCOMES TO MEASURE IF GOALS OR OBJECTIVES OF THE PROGRAM ARE BEING MET. SOROPTIMIST CLUB GRANTS ARE AWARDED TO SIA CLUBS TO START OR CONTINUE PROJECTS IN THEIR COMMUNITIES THAT IMPROVE THE LIVES OF WOMEN AND GIRLS. CLUBS REQUEST GRANTS THROUGH AN APPLICATION PROCESS AND GRANTS ARE REVIEWED BY THE SIA PROGRAM CHAIRS, WHO DETERMINE WHICH PROJECTS ARE FUNDED AND THE RECOMMENDED FUNDING LEVELS. FINAL GRANT FUNDING IS APPROVED BY THE PRESIDENT. CLUBS SIGN A CONTRACT STATING THAT THEY WILL UNDERTAKE THE APPROVED PROJECTS AND THAT ANY CHANGES NEED TO BE APPROVED BY SIA. THEY ARE ALSO RESPONSIBLE FOR FILING TWELVE MONTH REPORTS ON THE PROGRESS OF THEIR PROJECTS. PART II, LINE 1 THERE WAS NO INDIVIUDAL GRANTS OR OTHER ASSISTANCE OVER $5,000 TO DOMESTIC ORGANIZATIONS AND GOVERNMENTS. X X X 0 0 0 0 0 0 0 1 0 MICHELLE J BURNETT EXECUTIVE DIRECTOR & CEO 258958 0 0 0 8000 0 7769 0 17023 0 291750 0 0 0 PART I, LINE 3 SIA PAYS ITS EXECUTIVE DIRECTOR/CEO ("CEO") FAIR MARKET VALUE FOR THEIR SERVICES WITHIN THE CONTEXT OF FISCAL RESPONSIBILITY TO THE ORGANIZATION. THE BOARD WILL REVIEW BENEFITS AND ADJUSTMENTS TO COMPENSATION ANNUALLY. A WRITTEN PERFORMANCE EVALUATION OF THE CEO IS PREPARED ANNUALLY AFTER SEEKING INPUT FROM THE BOARD AT A BOARD MEETING. A SELF EVALUATION PREPARED BY THE CEO IS CONSIDERED IN THE WRITTEN PERFORMANCE EVALUATION. THE EXECUTIVE COMPENSATION COMMITTEE (THE PRESIDENT, PRESIDENT-ELECT AND THE IMMEDIATE PAST PRESIDENT) RECOMMENDS THE CHANGE IN COMPENSATION AND BRINGS THEIR RECOMMENDATION TO THE BOARD FOR A VOTE. THE EXECUTIVE COMPENSATION COMMITTEE MEETS WITH THE CEO TO DISCUSS THE EVALUATION AND ANY CHANGES IN COMPENSATION. PART I, LINE 7 THE ANNUAL COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR/CEO REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS INCLUDED A CONTRIBUTION TO A 457B PLAN WHICH WAS PAID AS OTHER COMPENSATION IN THE AMOUNT OF $8,000. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF SIA INCLUDE 1,202 SOROPTIMIST CLUBS IN THE US (AND ITS TERRITORIES), CANADA, MEXICO, CENTRAL AMERICA, SOUTH AMERICA, TAIWAN, JAPAN, KOREA, PHILIPPINES, AND PALAU. EACH SOROPTIMIST CLUB HAS ONE VOTE WHICH IS EXERCISED VIA MAIL BALLOT. ANY INDIVIDUAL INTERESTED IN SUPPORTING OUR VISION, MISSION AND CORE VALUES IS ELIGIBLE TO JOIN ONE OF THESE CLUBS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE PRESIDENT-ELECT AND MEMBERS OF THE BOARD OF DIRECTORS. MEMBERS OF THE SIA BOARD OF DIRECTORS ARE ELECTED FROM 14 ELECTORAL AREAS AND SERVE STAGGERED 2 YEAR TERMS, WITH HALF OF THE DIRECTORS ROTATING OFF EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B THE PRESIDENT-ELECT IS ELECTED ANNUALLY VIA MAIL BALLOT TO ALL SOROPTIMIST CLUBS IN GOOD STANDING AT THE TIME OF ELECTIONS, AND AUTOMATICALLY SUCCEEDS TO THE OFFICE OF PRESIDENT. ON SEPTEMBER 1 OF THE FOLLOWING YEAR, AMENDMENTS TO THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BYLAWS MUST BE APPROVED BY A 2/3 MAJORITY OF THE SOROPTIMIST CLUBS, WITH ADVANCE NOTICE. IN ADDITION, THE CLUBS CONSIDER RESOLUTIONS DIRECTING CERTAIN MISSION RELATED PROJECTS OR ACTIVITIES. SIA BYLAWS ARTICLE XII PROVIDES THE METHODS BY WHICH AMENDMENTS OR RESOLUTIONS ARE CONSIDERED; FINAL APPROVAL IS VIA MAIL BALLOT TO ALL SOROPTIMIST CLUBS IN GOOD STANDING FOR CONSIDERATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. A COPY OF THE COMPLETED FORM 990 WILL BE PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. APPROVAL OF THE FORM 990 WILL BE CONDUCTED THROUGH A MAIL BALLOT OR AT A SCHEDULED BOARD OF DIRECTORS MEETING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS AND EMPLOYEES OF SIA ARE EXPECTED TO ACT IN A MANNER TO PUT THE INTEREST OF SIA BEFORE ANY PERSONAL BENEFIT. INFORMATION OR PERSONAL CONTACTS GAINED THROUGH ASSOCIATIONS WITH SIA MAY NOT BE USED FOR PERSONAL PROFIT, GAIN OR ADVANTAGES. IMMEDIATE FAMILY MEMBERS OF SIA EMPLOYEES MAY NOT SIGN CONTRACTS FOR OR HAVE BUSINESS INTERESTS WITH SIA. FROM TIME TO TIME, SIA CIRCULATES QUESTIONNAIRES ABOUT CONFLICTS OF INTEREST TO PERSONS, INCLUDING UPON COMMENCEMENT OF SERVICE ON THE BOARD OR EMPLOYMENT AND AT LEAST ANNUALLY THEREAFTER. ANY CONFLICTS DISCLOSED ARE REPORTED TO THE PRESIDENT OR EXECUTIVE DIRECTOR. THE PERSON SHALL REFRAIN FROM VOTING ON ANY SUCH TRANSACTION, PARTICIPATING IN DELIBERATIONS CONCERNING IT, OR USING PERSONAL INFLUENCE IN ANY WAY IN THE MATTER. THE PERSON OR THE PRESIDENT SHALL DISCLOSE A POTENTIAL CONFLICT OF INTEREST TO THE OTHER MEMBERS OF THE BOARD OR COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 SIA PAYS ITS EXECUTIVE DIRECTOR/CEO ("CEO") FAIR MARKET VALUE FOR THEIR SERVICES WITHIN THE CONTEXT OF FISCAL RESPONSIBILITY TO THE ORGANIZATION. COMPARABLE COMPENSATION AND BENEFIT PACKAGES ARE RESEARCHED BY THE CHIEF FINANCE OFFICER ("CFO") OR AN OUTSIDE SOURCE AT THE DISCRETION OF THE BOARD ON AN ANNUAL BASIS. THE BOARD WILL REVIEW BENEFITS AND ADJUSTMENTS TO THE RANGE ANNUALLY, USING THIS RESEARCH AS A GUIDE. A WRITTEN PERFORMANCE EVALUATION OF THE CEO IS PREPARED ANNUALLY AFTER SEEKING INPUT FROM THE BOARD AT A BOARD MEETING. A SELF EVALUATION PREPARED BY THE CEO IS CONSIDERED IN THE WRITTEN PERFORMANCE EVALUATION. THE EXECUTIVE COMPENSATION COMMITTEE (THE PRESIDENT, PRESIDENT-ELECT AND THE IMMEDIATE PAST PRESIDENT) RECOMMENDS THE CHANGE IN COMPENSATION AND BRINGS THEIR RECOMMENDATION TO THE BOARD FOR A VOTE. THE EXECUTIVE COMPENSATION COMMITTEE MEETS WITH THE CEO TO DISCUSS THE EVALUATION AND ANY CHANGES IN COMPENSATION. THE COMPENSATION OF THE CFO IS DETERMINED BY THE CEO AND IS BASED ON COMPARABLE SALARY COMPENSATION STUDIES, MARKET RATES AND PERFORMANCE. COMPENSATION REVIEW AS DESCRIBED ABOVE IS COMPLETED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE SIA WEBSITE.