| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4D | ALLOCATED SALARIES & BENEFITS ON PROGRAM SERVICE ACCOMPLISHMENTS |
| FORM 990, PAGE 6, PART VI, LINE 4 | SUMMARY OF SIGNIFICANT AMENDMENTS TO THE BYLAWS OF THE WOMEN PRESIDENTS ORGANIZATION. THE ORGANIZATION'S MEMBERS APPROVED AND ADOPTED COMPLETELY AMENDED AND RESTATED ITS BYLAWS, BEING THE THIRD AMENDED AND RESTATED BYLAWS. THE REVISIONS MADE REFLECT A COMPREHENSIVE EFFORT TO ENHANCE, MODERNIZE AND STREAMLINE THE ORGANIZATION'S GOVERNANCE AND PRACTICES BASED ON RECOMMENDATIONS OF THE ORGANIZATION'S GOVERNANCE COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS BEFORE BEING SUBMITTED TO THE MEMBERS FOR APPROVAL AND ADOPTION. THE CHANGES ELIMINATED OUTDATED CATEGORIES OF DIRECTORS AND PROVIDED THAT, GOING FORWARD, ALL DIRECTORS WILL BE NOMINATED BY THE NOMINATING COMMITTEE AND ELECTED BY THE BOARD. THE FORMER RIGHT OF MEMBERS TO ELECT SOME MEMBERS TO THE BOARD AS "MEMBER REPRESENTATIVES" WAS ELIMINATED, BUT MEMBERS CONTINUE TO BE ELIGIBLE TO SERVE ON THE BOARD. THE MEMBERS RETAIN THEIR RIGHT TO AMEND OR REPEAL THE BYLAWS, SO THAT THE MEMBERS RETAIN ULTIMATE CONTROL OVER THE BYLAWS. DIRECTOR TERM LIMITS WERE REVISED TO IMPOSE A SIX-CONSECUTIVE YEAR LIMIT ON SERVICE AS A DIRECTOR, TO PROVIDE THE BOARD WITH THE RIGHT, IN ITS DISCRETION, TO EXTEND THAT LIMIT FOR ONE ADDITIONAL YEAR (AND TWO YEARS FOR THE CHAIR), AND TO PROVIDE THAT AFTER A TWO-YEAR HIATUS, THE PERSON BECOMES ELIGIBLE TO SERVE AGAIN. CHANGES WERE MADE TO SIMPLIFY THE BOARD ELECTION PROCESS AND TO PROVIDE FOR STAGGERED BOARD MEMBER TERMS, IN ORDER TO IMPROVE CONTINUITY OF MANAGEMENT. THE ROLES AND RESPONSIBILITIES OF THE ORGANIZATION'S OFFICERS WERE UPDATED, AND THE PROCESS FOR ELECTING OFFICERS WAS SIMPLIFIED AND STREAMLINED. PROVISIONS INSTITUTING AND DESCRIBING THE ROLES OF COMMITTEES WERE ADDED AND/OR EXPANDED AND CLARIFIED TO BETTER REFLECT THE COMMITTEES' ROLES AND RESPONSIBILITIES WITHIN THE ORGANIZATION AND INCLUDE THE INSTITUTION OF AN INDEPENDENT AUDIT COMMITTEE, WITH DETAILED PROVISIONS REGARDING ITS ROLE AND RESPONSIBILITIES. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE ORGANIZATION IS ORGANIZED AS A NEW YORK NOT-FOR_PROFIT WITH MEMBERS. IT IS A 501(C)(6)BUSINESS LEAGUE. INDIVIDUAL MEMBERS ARE NOT ENTITLED TO RECEIVE A SHARE OF PROFITS, EXCESS DUES, OR NET ASSETS UPON THE ORGANIZATION'S DISSOLUTION. UPON THE DISSOLUTION OF THE CORPORATION OR THE WINDING UP OF ITS AFFAIRS, THE ASSETS OF THE CORPORATION SHALL BE DISTRIBUTED EXCLUSIVELY FOR THE COMMON BUSINESS INTERESTS OF ITS MEMBERS OR TO ORGANIZATIONS WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. |
| FORM 990, PAGE 6, PART VI, LINE 9 | PHYLLIS NEWHOUSE (TERM ENDS 2024) 1170 PEACHTREE STREET ATLANTA, GA 30309 MARIL MACDONALD (TERM ENDS 2024) GAGEN MACDONALD CHICAGO, IL 60601 CLAUDIA MIRZA (TERM ENDS 2024) AKORBI PLANO, TX 75093 MICHELE BAILEY (TERM ENDS 2024) BLAZING DESIGN INC OAKVILLE, CA ONL6J7W5 JANICE BRYANT HOWROYD (ENDS 2024) ACT 1 GROUP TORRANCE, CA 90504 KATHIE OKUN (TERM ENDS 2024) THE OKUN GROUP HUNT VALLEY, MD 21030 NICOLETTE ALGENE JACOBS CO PRICEWATERHOUSECOOPERS CENTURY CITY, MINERTON, SF 7441 KERRIE HESLIN CO NUKK-FREEMAN & CERRA CHATHAM, NJ 07928 BARBARA HUTCHINSON, MD CHESAPEAKER CARDIAC CARE PA ANNAPOLIS, MA 21404 SANDY MARSICO SANDSTORM CHICAGO, IL 60640 HETAL PARIKH RANGAM CONSULTANTS SOMERSET, NJ 08873 IDA ABKALKHANI 8447 CLARINGTON CT POWELL , OH 43065 ELAINE BUXTON 535 KESLER DRIVE CARY, NC 27518 FORTUNATE MDANDA (2024 TREASURER) PO BOX 31265 MIDRAND, SF CHRISTINA SEELYE 590 YGNACIO VALLEY ROAD WALNUT CREEK, CA 94596 MARGERY KRAUS (TERM 2024) C/O APCO WORLDWIDE 1299 PENNSYLVANIA WASHINGTON, DC 11138 |
| FORM 990, PAGE 6, PART VI, LINE 11B | A COPY OF FORM 990 IS PROVIDED VIA EMAIL TO THE EXECUTIVE COMMITTEE WITH A REVIEW CHECKLIST FROM ORGANIZATION'S TAX PREPARER PRIOR TO FILING WITH IRS. A COPY OF FROM 990, REVIEW CHECKLIST AND AUDITED FINANCIAL STATEMENTS IS ALSO PROVIDED TO THE VOTING BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ALL OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. IN ADDITION, BOARD MEMBERS WERE ASKED TO AFFIRMATIVELY CONFIRM THAT NO CONFLICTS EXISTED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE COMPENSATION PROCESS FOR THE PRESIDENT/CEO IS AS FOLLOWS: THE ORGANIZATION ENGAGED A CONSULTING COMPANY SPECIALIZING IN EXECUTIVE COMPENSATION, TO PREPARE AN ANNUAL COMPENSATION REVIEW INCLUDING COMPARABLE DATA FOR EXECUTIVES IN COMPARABLE POSITIONS. THE PRESIDENT'S COMPENSATION WAS REVIEWED BY THE COMPENSATION COMMITTEE BASED UPON THE COMPENSATION SURVEY AND A PROPOSED COMPENSATION PACKAGE WAS APPROVED BY THE EXECUTIVE COMMITTEE. THE FULL BOARD APPROVES THE ANNUAL BUDGET FOR THE ORGANIZATION'S COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE ORGANIZATION DOES NOT COMPENSATE ANY OF THE OFFICERS WHO SERVE IN A VOLUNTEER CAPACITY INCLUDING THE CHAIR,SECRETARY, OR TREASURER,) OTHER THAN THE PRESIDENT/CEO. IN 2023, THE PRESIDENT SETS THE COMPENSATION FOR ALL OTHER EMPLOYEES INCLUDING THE CHIEF OPERATING OFFICER AND A CHIEF INNOVATION AND PROGRAMMING OFFICER. BOTH THE COO AND THE CIPO ARE LISTED AS "HIGHEST COMPENSATED" IN PART VII AND THEY REPORT DIRECTLY TO THE PRESIDENT/CEO. EACH HANDLES ROUTINE ADMINISTRATIVE MATTERS AND ACTS MAINLY UPON INSTRUCTIONS FROM THE CEO. AS EMPLOYEES ACTING MAINLY UPON INSTRUCTIONS, THEY NO SUBSTANTIVE INDEPENDENT AUTHORITY. THE ORGANIZATION HAS NO KEY EMPLOYEES OTHER THAN OFFICERS WHO MEET THE REPORTABLE COMPENSATION AND RESPONSIBILITY TEST. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY AND FINANCIAL STATEMENTS ARE AVAILABE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | CONSOLIDATED SUPPORTING ORG CONTRIBUTIONS 0 PREPAID PLATINUM EXP - TIMING DIFFERENCE 0 DEFERRED COMP ON PRIOR 990 0 |
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