2021-11-05T10:07:29-05:00 2020-12-31 481243147 CHRISTOPHER J CLAIR CPA PA 6409 GLADSTONE DRIVE SHAWNEE KS 66218 990 2020-01-01 521125072 SOCIETY FOR SCHOLARLY PUBLISHING SOCI 8564390500 1120 ROUTE 73 STE 200 MOUNT LAUREL NJ 08054 MELANIE DOLECHEK EXECUTIVE DIRECTOR 8564390500 2021-11-05 1 MELANIE DOLECHEK 999009999 CHRISTOPHER J CLAIR P00218187 9136310336 2021-11-02 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LAUREN KANE 1120 ROUTE 73 STE 200 MOUNT LAUREL NJ 08054 1142953 0 X www.sspnet.org X 1979 DC THE SOCIETY IS AN ORGANIZATION COMPRISED OF PUBLISHERS, PRINTERS, SCHOLARS, LIBRARIANS AND OTHERS INVOLVED WITH SCHOLARLY COMMUNICATION. THE MISSION OF THE ORGANIZATION IS TO ADVANCE SCHOLARLY PUBLISHING AND COMMUNICATION AND THE PROFESSIONAL DEVELOPMENT OF ITS MEMBERS THROUGH EDUCATION, COLLABORATION, AND NETWORKING AMONG INDIVIDUALS IN THE FIELD. THE SOCIETY CONDUCTS EDUCATIONAL PROGRAMS THROUGH AN ANNUAL MEETING AND WORKSHOPS AND MEMBERSHIP DUES. 13 13 2 13 79726 2722 99945 137054 1061136 675579 23885 77155 79613 80549 1264579 970337 0 0 0 0 203471 220527 0 0 0 1041189 551540 1244660 772067 19919 198270 1350970 1607270 277855 284282 1073115 1322988 X SEE MISSION STATEMENT ON 990 PAGE 1, PART 1 AND CONTINUING ON SCHEDULE O 1 0 215107 676402 EDUCATIONAL PROGRAMS -- ANNUAL MEETING AND WORKSHOPS DESIGNED TO DISSEMINATE INFORMATION REGARDING SCHOLARLY PUBLISHING. THE IN-PERSON ANNUAL MEETING FOR 2020 WAS CANCELLED DUE TO THE COVID-19 PANDEMIC. 135772 GENERATIONS FUND ENDOWMENT -- THIS ENDOWMENT HAS BEEN ESTABLISHED TO PROVIDE SUSTAINABLE FUNDING FOR THE SOCIETY'S INITIATIVES AND PROGRAMS THAT SUPPORT THE DEVELOPMENT OF PUBLISHING PROFESSIONALS. THIS CAN INCLUDE THE SOCIETY'S FELLOWSHIP PROGRAM, MENTORSHIP PROGRAM, AND THE INITIATIVES OF THE DIVERSITY, EQUITY AND INCLUSION COMMITTEE BUT MAY ALSO INCLUDE OTHER ACTIVITIES THAT THE BOARD OF DIRECTORS DETERMINES FULFILLS THE MANDATE OF SUPPORTING THE DEVELOPMENT OF A STRONG PUBLISHING PROFESSION FOR FUTURE GENERATIONS. 350879 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 2 1 1 1 0 0 0 0 0 0 0 0 0 X 13 13 0 1 1 0 1 1 0 1 1 0 0 1 1 1 0 0 1 1 1 0 X ASSOCIATION HEADQUARTERS INC 8564390500 1120 ROUTE 73 SUITE 200 MOUNT LAUREL NJ 08054 ANGELA COCHRAN PAST PRESIDENT 2.00 X X 0 0 0 LAUREN KANE PRESIDENT 3.00 X X 0 0 0 ALICE MEADOWS PRESIDENT ELECT 3.00 X X 0 0 0 EMILIE DELQUIE SECRETARY/TREASURER 3.00 X X 0 0 0 ALISON MUDDITT AT LARGE MEMBER 2.00 X 0 0 0 MIRANDA WALKER AT LARGE MEMBER 2.00 X 0 0 0 LAURA RICCI AT LARGE MEMBER 2.00 X 0 0 0 ELIZABETH LORBEER AT LARGE MEMBER 2.00 X 0 0 0 MEREDITH ADINOLFI AT LARGE MEMBER 2.00 X 0 0 0 LISA JANICKE HINCHLIFFE AT LARGE MEMBER 2.00 X 0 0 0 REBECCA MCLEOD AT LARGE MEMBER 2.00 X 0 0 0 GABRIEL HARP AT LARGE MEMBER 2.00 X 0 0 0 DR SAI KONDA AT LARGE MEMBER 2.00 X 0 0 0 MELANIE DOLECHEK EXECUTIVE DIRECTOR 40.00 X 149708 0 10726 149708 0 10726 1 0 1 0 ASSOCIATION HEADQUARTERS INC 1120 ROUTE 73 STE 200 MOUNT LAUREL NJ 08054 MANAGEMENT SERVICES/INDUSTRY RELATIONS 127949 1 137054 137054 INSURANCE SETTLEMENT F 611710 323848 323848 MEMBERSHIP DUES 611710 283868 283868 SEMINARS AND WORKSHOPS 611710 67638 67638 ANNUAL MEETING 611710 225 225 675579 14665 14665 235106 172616 62490 62490 62490 WEBSITE - ADVERTISING 541800 79501 79501 OTHER REVENUE 611710 1048 1048 80549 970337 676402 79726 77155 X 160434 160434 45021 45021 15072 15072 179458 79940 99518 1576 1576 4800 4800 102431 96434 5997 14180 8263 5917 8189 8189 42539 42539 3333 3333 10365 10365 9778 9778 5382 2020 3362 GIFTS - GENERATIONS FUN 100009 100009 PUBLICATIONS 42381 42381 CREDIT CARD FEES 11511 11511 SEMINARS AND WORKSHOPS 11467 11467 4141 4141 772067 350879 421188 0 157496 273127 102722 102687 6184 54383 46458 4062 2676 0 1386 1010066 1172994 20119 10618 1350970 1607270 34645 5071 243210 243577 0 35634 277855 284282 X 1073115 1275543 47445 1073115 1322988 1350970 1607270 198270 51603 0 X X 0 1 X 1 0 X 287076 317635 377508 359788 420922 1762929 520653 716684 780796 791755 392534 3202422 807729 1034319 1158304 1151543 813456 4965351 0 0 0 4965351 16971 28614 20525 23885 77155 167150 16971 28614 20525 23885 77155 167150 25936 73631 106328 89151 79726 374772 42288 98026 -67884 150498 51603 274531 892924 1234590 1217273 1415077 1021940 5781804 0.85880 0.88890 0.02890 0.01840 X Schedule A, Part III, Line 12, Explanation of Other Income: UNREALIZED GAINS LOSSES ON INVESTMENTS - 2016 Amount: $ 42288. 2017 Amount: $ 98026. 2018 Amount: $ -67884. 2019 Amount: $ 150498. 2020 Amount: $ 51603. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 134991 12463 147454 0.67820 0.32180 0 0 4062 2676 1386 1386 GENERAL - SCHWAB 1026341 F GENERATIONS FUND ENDOWMENT - SCHWAB 146653 F 1172994 PPP LOAN 35634 35634 X 1021940 51603 51603 970337 0 970337 772067 0 772067 0 772067 Part V, Line 4: THE GENERATIONS FUND ENDOWMENT HAS BEEN ESTABLISHED TO PROVIDE SUSTAINABLE FUNDING FOR THE SOCIETY'S INITIATIVES AND PROGRAMS THAT SUPPORT THE DEVELOPMENT OF PUBLISHING PROFESSIONALS. THIS INCLUDES THE SOCIETY'S FELLOWSHIP PROGRAM, MENTORSHIP PROGRAM, AND THE INITIATIVES OF THE DIVERSITY, EQUITY AND INCLUSION COMMITTEE BUT MAY ALSO INCLUDE OTHER ACTIVITIES THAT THE BOARD OF DIRECTORS DETERMINES FULFILLS THE MANDATE OF SUPPORTING THE DEVELOPMENT OF A STRONG PUBLISHING PROFESSION FOR FUTURE GENERATIONS. THE PRINCIPAL OF THE FUND IS TO BE RAISED BY THE SOCIETY. THE FUND MUST REACH $500,000 IN PRINCIPAL, WHICH WILL SUPPORT ANNUAL PROGRAM FUNDING THROUGH ITS ANNUAL INCOME, ASSUMED INITIALLY TO BE APPROXIMATELY A 5% RETURN. THE ANNUAL PROGRAM FUNDING WILL NOT BE DISBURSED UNTIL THE PRINCIPAL OF THE FUND IS MET. THE FUND IS CONSIDERED TO BE PERMANENT, AND ITS BENEFIT TO FUTURE GENERATIONS SHOULD BE EQUAL TO ITS BENEFIT TO THE CURRENT GENERATION. FUNDS AVAILABLE FOR DISTRIBUTION IN ANY GIVEN YEAR WILL BE DETERMINED BY USING THE TOTAL INCOME EARNED IN THE PRIOR CALENDAR YEAR. EXPENSES RELATED TO THE MANAGEMENT AND ADMINISTRATION OF THE FUND WILL BE DEDUCTED FROM THE FUNDS AVAILABLE FOR DISTRIBUTION. Part X, Line 2: THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS UNDER ASC TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. X 0 0 0 0 0 0 0 1 0 MELANIE DOLECHEK EXECUTIVE DIRECTOR 149708 0 0 0 0 0 0 0 10726 0 160434 0 0 0 Part I, Line 3 THE BOARD APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION AND AN EMPLOYMENT CONTRACT WAS ENTERED INTO AND SIGNED BY BOTH PARTIES. THE EMPLOYMENT CONTRACT IS FOR A THREE YEAR PERIOD FOR 2018 THROUGH 2020. Part I, Line 7 PER APPROVED AND SIGNED EMPLOYMENT CONTRACT BETWEEN THE BOARD AND EXECUTIVE DIRECTOR, THE EXECUTIVE DIRECTOR IS REIMBURSED BOARD APPROVED TRAVEL & OTHER RELATED EXPENSES. Form 990, Part III, line 2 THE GENERATIONS FUND ENDOWMENT HAS BEEN ESTABLISHED TO PROVIDE SUSTAINABLE FUNDING FOR THE SOCIETY'S INITIATIVES AND PROGRAMS THAT SUPPORT THE DEVELOPMENT OF PUBLISHING PROFESSIONALS. Form 990, Part VI, Section A, line 3 A PROFESSIONAL MANAGEMENT COMPANY PROVIDES ALL MANAGEMENT SERVICES. Form 990, Part VI, Section A, line 4 THE SOCIETY HAS APPROVED AND PUT INTO PLACE CERTAIN POLICIES REGARDING THE USE OF THE NEWLY ESTABLISHED GENERATIONS FUND ENDOWMENT. THESE POLICIES INCLUDE THE USE OF THE FUND PRINCIPAL, SPENDING STRATEGIES, INVESTMENT STRATEGIES AND THE DESIGNATION OF INVESTMENT EARNINGS AS A PART OF RESTRICTED NET ASSETS (NET ASSETS WITH DONOR RESTRICTIONS), Form 990, Part VI, Section A, line 6 THE ORGANIZATION AVERAGED APPROXIMATELY 1,030 MEMBERS DURING THE 2020 TAX YEAR. Form 990, Part VI, Section A, line 7a THE GOVERNING BODY IS THE BOARD OF DIRECTORS WHOSE MEMBERS ARE ELECTED BY THE MEMBERS. Form 990, Part VI, Section B, line 11b THE EXECUTIVE DIRECTOR, MANAGEMENT COMPANY AND CERTAIN BOARD MEMBERS REVIEW AND APPROVE THE FORM 990 TAX RETURN PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Section B, line 15 THE ORGANIZATION'S BOARD OF DIRECTORS APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION AND THE MANAGEMENT COMPANY'S MANAGEMENT FEES. ALSO, THE PROGRAM DIRECTOR'S COMPENSATION IS APPROVED BY THE BOARD. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Form 990, Part IX, line 11g PROGRAM DIRECTOR COMPENSATION: Program service expenses 74000. Management and general expenses 0. Fundraising expenses 0. Total expenses 74000. SALES COMMISSION FEES: Program service expenses 22434. Management and general expenses 5997. Fundraising expenses 0. Total expenses 28431. Form 990, Part IX, line 24e GIFTS/AWARDS: Program service expenses 0. Management and general expenses 2076. Fundraising expenses 0. Total expenses 2076. BOARD/COMMITTEE EXPENSES: Program service expenses 0. Management and general expenses 1581. Fundraising expenses 0. Total expenses 1581. MISCELLANEOUS : Program service expenses 0. Management and general expenses 284. Fundraising expenses 0. Total expenses 284. FELLOWSHIP PROGRAM: Program service expenses 0. Management and general expenses 200. Fundraising expenses 0. Total expenses 200. FORM 990, PART XII, LINE 2c NO CHANGES HAVE BEEN MADE TO THE BOARD'S REVIEW/OVERSIGHT PROCEDURES OF THE REVIEWED OR AUDITED FINANCIAL STATEMENTS THAT WERE IN PLACE IN THE PREVIOUS YEAR.