2024-08-14T11:00:05-05:00 2023-09-30 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2022-10-01 742338444 SOCIETY FOR MINING METALLURGY AND EXPLORATION INC SOCI 3039484277 12999 E ADAM AIRCRAFT CIR ENGLEWOOD CO 801124167 DAVID L KANAGY EXECUTIVE DIRECTOR 3039484277 2024-08-12 1 1 STEVEN TALBOT P01695427 5058787200 2024-08-12 2022 2024-08-08 14:25:15Z DAVID L KANAGY 12999 E ADAM AIRCRAFT CIR ENGLEWOOD CO 801124167 15162489 0 X WWW.SMENET.ORG X 1871 CO BUILDING A BETTER WORLD THROUGH MINING, METALLURGY AND UNDERGROUND CONSTRUCTION. 9 9 54 400 1106135 0 1110207 479752 9183927 11998327 248487 818964 1840797 1622030 12383418 14919073 598090 625338 0 0 5286939 5883711 0 0 288217 7754418 8888754 13639447 15397803 -1256029 -478730 32808531 33994747 5194142 5273499 27614389 28721248 X SOCIETY FOR MINING, METALLURGY AND EXPLORATION (SME) SERVES THE MINING, RESOURCES AND UNDERGROUND CONSTRUCTION COMMUNITIES FOR A SUSTAINABLE FUTURE. 1 0 8929015 10523565 THE MINEXCHANGE 2023 SME ANNUAL CONFERENCE & EXPO RETURNED TO THE COLORADO CONVENTION CENTER IN DENVER, CO, FEBRUARY 26 - MARCH 1, 2023. THERE WERE 600+ PRESENTATIONS, 5 SHORT COURSES, 59 PAPERS, 102 SPONSORS, AND 585 EXHIBITING COMPANIES. OVER 6,400 INDIVIDUALS WERE IN ATTENDANCE, INCLUDING 600 STUDENTS AND 824 INTERNATIONAL ATTENDEES FROM 38 COUNTRIES. RETC 2023 WAS JUNE 11-14, 2023, IN BOSTON, MA. THE EVENT WAS ATTENDED BY OVER 1,400 INDIVIDUALS. IN ADDITION TO A SHORT COURSE, THE TECHNICAL PROGRAM FEATURED 98 PRESENTATIONS. TO SUPPORT THE EVENT, THERE WERE 209 EXHIBIT BOOTHS AND 28 SPONSORING COMPANIES. THE 2023 MINNESOTA CONFERENCE WAS AGAIN UP IN THE IRON RANGE IN NORTHERN MINNESOTA. IT TOOK PLACE APRIL 17-19, 2023, AT THE IRON TRAIL MOTORS EVENT CENTER IN VIRGINIA, MN. THE CONFERENCE WAS ATTENDED BY 875 INDIVIDUALS AND FEATURED TWO DAYS OF PROGRAMMING WITH A FIELD TRIP TO A LOCAL MINING OPERATION. THERE WERE 154 BOOTHS AND 33 SPONSORING COMPANIES. 1360543 1617694 MEMBERS ARE THE HEART OF SME, CONTRIBUTING TECHNICAL KNOWLEDGE, TALENT AND VOLUNTEER RESOURCES TO HELP THE ORGANIZATION ADVANCE. SME ENDED 2023 WITH 13,622 MEMBERS. INTERNATIONAL MEMBERS MADE UP 25% OF TOTAL MEMBERSHIP. SME HAS 48 LOCAL SECTIONS, INCLUDING 42 IN THE UNITED STATES PLUS 6 INTERNATIONAL SECTIONS. ONE NEW STUDENT CHAPTER WAS FORMED IN 2023, BRINGING THE TOTAL NUMBER OF STUDENT CHAPTERS TO 77. 2135443 248459 DURING 2023 THE MINING ENGINEERING WEBSITE PUBLISHED INDUSTRY NEWS ON A DAILY BASIS AND DELIVERED EACH ISSUE TO MEMBERS ANYWHERE IN THE WORLD AS A PDF AND IN FLIPBOOK FORMATS. CLIENTS ALSO EXPANDED DIGITAL ADVERTISING OPPORTUNITIES THROUGH MINING ENGINEERING ONLINE, THE SME WEBSITE, CLIENT-PROVIDED CONTENT, SME E-NEWS, AND MINING ENGINEERING DIGITAL NEWSLETTER OPTIONS. 1032652 625338 SME PROVIDES EDUCATIONAL SUPPORT IN THE FORM OF SCHOLARSHIPS AND OTHER CONTINUING EDUCATION SUPPORT. 1032652 625338 13457653 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 79 0 1 54 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 0 0 1 1 1 1 0 CO X JOE MOW 3039484218 12999 E ADAM AIRCRAFT CIR ENGLEWOOD CO 801124167 MARC LEVIER PRESIDENT 2.00 0.00 X 0 0 0 RONALD PARRATT PAST PRESIDENT 2.00 2.00 X 0 0 0 MARC HERPFER PRESIDENT ELECT 2.00 0.00 X 0 0 0 RICHARD LAMBERT DIRECTOR AT LARGE 2.00 0.00 X 0 0 0 BARBARA NIELSEN DIRECTOR AT LARGE 2.00 0.00 X 0 0 0 MATT BLATTMAN DIRECTOR AT LARGE 2.00 0.00 X 0 0 0 S JASON RIPKE DIRECTOR AT LARGE 2.00 0.00 X 0 0 0 JERRY GAUNTT DIRECTOR AT LARGE 2.00 0.00 X 0 0 0 CATHERINE JOYNER DIRECTOR AT LARGE 2.00 0.00 X 0 0 0 WILLIAM W EDGERTON PAST PRESIDENT (THROUGH 2/28/23) 2.00 2.00 X 0 0 0 JOHN UHRIE DIRECTOR AT LARGE (THROUGH 2/28/23) 2.00 0.00 X 0 0 0 ANNE WILLIAMSON DIRECTOR AT LARGE (THROUGH 2/28/23) 2.00 0.00 X 0 0 0 DAVID L KANAGY EXECUTIVE DIRECTOR 45.00 10.00 X 565018 0 38776 MICHELLE KROEGER CHIEF FINANCIAL OFFICER 45.00 5.00 X 189703 0 20471 MELANIE PENOYAR-PEREZ CHIEF OPERATIONS OFFICER 45.00 5.00 X 203634 0 21530 KARIN HARRINGTON DIRECTOR OF HUMAN RESOURCES 40.00 0.00 X 159651 0 18351 TARA DAVIS DIRECTOR OF PROGRAMMING 40.00 0.00 X 150160 0 26412 CORINNE KNASINSKI DIRECTOR OF MEETINGS 40.00 0.00 X 148465 0 31760 PAUL HOIBERG IT MANAGER 40.00 0.00 X 147623 0 27297 JOSEPH MARTIN SENIOR DEVELOPER 40.00 0.00 X 115689 0 8231 1679943 0 192828 17 0 1 0 CENTERPLATE CATERING 700 14TH ST DENVER CO 80202 CONFERENCE CATERING 553430 FREEMAN DECORATING CO PO BOX 734596 DALLAS TX 753734596 CONFERENCE DECOR 426996 PUBLICATION PRINTERS 2001 S PLATTE RIVER DRIVE DENVER CO 80223 PRINTING 416589 HYATT REGENCY DENVER PO BOX 5591 DENVER CO 80217 CONFERENCE VENUE 380654 LEVY RESTAURANTS 900 BOYLSTON ST BOSTON MA 02115 CONFERENCE CATERING 212320 15 243632 236120 479752 MEETINGS & EXHIBITS 541900 10380633 10380633 MEMBERSHIP DUES 541900 1617694 1617694 11998327 818964 818964 83165 83165 432710 243416 189294 189294 ADVERTISING 541800 1106135 1106135 HOTEL REBATES 900099 142932 142932 MISCELLANEOUS REBATES 900099 22383 22383 78121 78121 1349571 14919073 12330553 1106135 1002633 555838 555838 69500 69500 1037095 920940 92302 23853 3698248 3284045 329143 85060 255559 226936 22745 5878 529829 470488 47155 12186 362980 322326 32305 8349 45906 40764 4086 1056 46818 46818 94572 94572 535349 280822 254527 155462 138050 13836 3576 506465 449740 45076 11649 303254 269289 26990 6975 179112 159051 15941 4120 468828 416319 41726 10783 4054325 3600241 360835 93249 336931 299195 29987 7749 SECTIONS EXPENSE 1342865 1198475 144390 EMPLOYEE RELATIONS AND 83201 73882 7405 1914 MEMBERSHIP AND SUBSCRIP 77884 69161 6932 1791 657782 612591 35162 10029 15397803 13457653 1651933 288217 292900 1114926 1875273 3021357 1935945 849593 1471651 1463619 319942 419110 6262384 3041855 3501575 3220529 22427539 22786786 983706 1118827 32808531 33994747 921323 1261280 3343022 3388271 929797 623948 5194142 5273499 X 20739797 22290897 6874592 6430351 27614389 28721248 32808531 33994747 -478730 1585589 0 X 0 1 X 1 0 X 668057 214830 2309614 1110207 479752 4782460 10704288 8720102 4466775 9731715 12573969 46196849 13871 16304 8938 39113 11386216 8951236 6785327 10841922 13053721 51018422 1662 200 1862 0 1662 200 1862 51016560 848202 521533 782246 544326 902579 3598886 848202 521533 782246 544326 902579 3598886 452874 100504 553378 12234418 9472769 7567573 11839122 14056804 55170686 0.92470 0.91460 0.06520 0.06670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9807724 55556 930747 505631 12804 71 10275521 12029887 29425 -1694171 557417 9807724 10772728 18665 1695434 456940 12029887 10419039 76007 569159 291478 10772727 9966269 240897 534127 266551 56063 10418679 0.46800 0.53200 0.00000 0 0 300000 300000 3245918 1072296 2173622 866520 801813 64707 1849946 1167746 682200 3220529 INTERCOMPANY PAYABLE 181647 DEFERRED COMPENSATION LIABILITY 442301 623948 X PART V, LINE 4: SME'S ENDOWMENT FUNDS ARE INTENDED TO FURTHER PROFESSIONAL GROWTH IN THE INDUSTRY BY FUNDING SCHOLARSHIPS AND RECOGNIZING PROFESSIONAL EXCELLENCE WITH AWARDS. PART X, LINE 2: THE SOCIETY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. THERE WAS NO UNRELATED BUSINESS INCOME TAX DURING THE YEAR ENDED SEPTEMBER 30, 2023. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES FROM UNRELATED BUSINESS INCOME. AFTER THEY ARE FILED, THE SOCIETY'S INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES GENERALLY THREE YEARS FOR FEDERAL RETURNS AND FOUR YEARS FOR STATE RETURNS. THE SOCIETY HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF SEPTEMBER 30, 2023, AND THERE WERE NO INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIOD REPORTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. 1 NORTH AMERICA 0 0 PROGRAM SERVICES WAAIME 24000 SOUTH AMERICA 0 0 PROGRAM SERVICES WAAIME 36000 SOUTH AMERICA 0 0 PROGRAM SERVICES MEMBERSHIP DEVELOPMENT 94026 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 36000 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 9500 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 24000 0 0 0 0 0 0 223526 0 223526 SCHOLARSHIPS SOUTH ASIA 3 9500 WIRE TRANSFER SCHOLARSHIPS NORTH AMERICA 2 24000 WIRE TRANSFER SCHOLARSHIPS SOUTH AMERICA 3 36000 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: SME GRANTS AWARDS AND SCHOLARSHIPS TO INDIVIDUALS ATTENDING COLLEGES AND UNIVERSITIES OUTSIDE OF THE UNITED STATES. FUNDS ARE MONITORED VIA GRADES AND OTHER FEEDBACK REPORTING FROM EACH SCHOLARSHIP RECIPIENT. PART III ACCOUNTING METHOD: FORM 990, SCHEDULE F, PART I, LINE 3(F): METHOD OF ACCOUNTING: ACCRUAL 1 SCHOLARSHIPS 226 555838 PART I, LINE 2: THE ORGANIZATION SELECTS QUALIFYING APPLICANTS PURSUING HIGHER EDUCATION BASED ON THEIR QUALIFICATIONS AND DISBURSES FUNDS DIRECTLY TO THE UNIVERSITY OR COLLEGE (NO CASH CHANGES HANDS). FUNDS ARE MONITORED VIA GRADES AND OTHER FEEDBACK REPORTING FROM EACH SCHOLARSHIP RECIPIENT. X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 DAVID L KANAGY EXECUTIVE DIRECTOR 475467 0 89551 0 0 0 21350 0 17426 0 603794 0 0 0 MELANIE PENOYAR-PEREZ CHIEF OPERATIONS OFFICER 178634 0 25000 0 0 0 12716 0 8814 0 225164 0 0 0 MICHELLE KROEGER CHIEF FINANCIAL OFFICER 164703 0 25000 0 0 0 11657 0 8814 0 210174 0 0 0 CORINNE KNASINSKI DIRECTOR OF MEETINGS 130965 0 17500 0 0 0 9177 0 22583 0 180225 0 0 0 KARIN HARRINGTON DIRECTOR OF HUMAN RESOURCES 134651 0 25000 0 0 0 9537 0 8814 0 178002 0 0 0 TARA DAVIS DIRECTOR OF PROGRAMMING 132660 0 17500 0 0 0 9530 0 16882 0 176572 0 0 0 PAUL HOIBERG IT MANAGER 136763 0 10860 0 0 0 9519 0 17778 0 174920 0 0 0 PART I, LINE 1A THE EXECUTIVE DIRECTOR USES BUSINESS TRAVEL ON FLIGHTS GREATER THAN EIGHT HOURS, AND HIS SPOUSE ACCOMPANIES HIM ON SELECT TRAVEL WHEN HER PRESENCE IS REQUESTED BY THE BOARD. THESE EXPENSES ARE TREATED AS ORDINARY AND NECESSARY BUSINESS EXPENSES AND ARE THEREFORE NOT INCLUDED IN TAXABLE COMPENSATION. PART I, LINE 7 THE ORGANIZATION MADE NONFIXED PAYMENTS IN THE FORM OF DISCRETIONARY BONUSES. FORM 990, PART III, LINE 2 THE PROGRAM SERVICE REPORTED IN PART III, LINE 4D, FOR EDUCATIONAL SUPPORT IS NOT A NEW PROGRAM, BUT IT HAS NOT PREVIOUSLY BEEN REPORTED SEPARATELY ON FORM 990. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THREE CLASSES OF MEMBERSHIP: PROFESSIONAL MEMBERS, REGISTERED MEMBERS, AND STUDENT MEMBERS. PROFESSIONAL AND REGISTERED MEMBERS ARE ENTITLED TO VOTE ON THE ELECTION OF DIRECTORS AND THE AMENDMENT OF GOVERNING DOCUMENTS. STUDENT MEMBERS DO NOT HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS MAY BE NOMINATED BY THE BOARD OR BY PETITION OF THE MEMBERS OF SME. IF MORE THAN ONE CANDIDATE IS NOMINATED FOR AN OPEN POSITION, THE INDIVIDUAL RECEIVING THE MOST AFFIRMATIVE VOTES OF MEMBERS IS DEEMED TO BE ELECTED. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS HAVE THE AUTHORITY TO TAKE MATTERS TO A VOTE AT MEETINGS AS DECIDED BY THE MEMBERS. MEMBERS MAY ALSO TAKE ACTION TO AMEND THE GOVERNING DOCUMENTS OF THE SOCIETY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED IN DETAIL BY THE ORGANIZATION'S TOP MANAGEMENT. THE REVIEWED FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 BOARD MEMBERS RECEIVE A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AS PART OF THEIR BOARD INTRODUCTION PACKET AND DISCLOSE POTENTIAL CONFLICTS OF INTEREST UPON JOINING THE BOARD. ANY CONFLICTS THEREAFTER ARE DISCLOSED AS THEY BECOME KNOWN. BOARD MEMBERS LACKING INDEPENDENCE ON AN ISSUE WITHDRAW THEMSELVES FROM THE DECISION-MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OFFERED TO THE ORGANIZATION'S EXECUTIVE DIRECTOR IS ESTABLISHED BY AN INDEPENDENT THIRD-PARTY CONSULTANT. THIS CONSULTANT CONDUCTS A STUDY OF SIMILAR ORGANIZATIONS IN SIMILAR INDUSTRIES WHEN DETERMINING APPROPRIATE SALARY AND BENEFITS FOR THE POSITION. INDEPENDENT MEMBERS OF THE BOARD DISCUSS AND APPROVE THE COMPENSATION PACKAGE, AND A WRITTEN EMPLOYMENT CONTRACT IS PUT INTO PLACE. THIS PROCESS TAKES PLACE ON AN ANNUAL BASIS. THE BOARD OF DIRECTORS ENTRUSTS THE EXECUTIVE DIRECTOR WITH DETERMINING COMPENSATION FOR OTHER OFFICERS OF THE ORGANIZATION. COMPENSATION OF OFFICERS IS BASED ON COMPARABILITY STUDIES OF SIMILAR POSITIONS WITHIN THE INDUSTRY. THIS PROCESS TAKES PLACE ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ONEMINE INC 12999 E ADAM AIRCRAFT CIR ENGLEWOOD CO 80112 261963151 RESEARCH CO 501(C)(3) LINE 10 SOCIETY FOR MINING METALLURGY AND EXPLORATION 1 SME FOUNDATION 12999 E ADAM AIRCRAFT CIR ENGLEWOOD CO 80112 841175450 RESEARCH CO 501(C)(3) LINE 7 SOCIETY FOR MINING METALLURGY AND EXPLORATION 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 1 ONEMINE INC O 149117 FMV SME FOUNDATION O 428456 FMV SME FOUNDATION E 186158 FMV