2025-08-01T16:10:39-05:00 2024-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2023-10-01 742338444 SOCIETY FOR MINING METALLURGY & EXPLORATION (SME) SOCI 3039484277 12999 E ADAM AIRCRAFT CIR ENGLEWOOD CO 801124167 DAVID L KANAGY EXECUTIVE DIRECTOR 3039484277 2025-08-01 1 1 PAMELA ALEXANDERSON P01218925 5058787200 2025-08-01 2023 2025-03-06 01:10:19Z DAVID L KANAGY 12999 E ADAM AIRCRAFT CIR ENGLEWOOD CO 801124167 23737216 0 X WWW.SMENET.ORG X 1871 CO BUILDING A BETTER WORLD THROUGH MINING, METALLURGY AND UNDERGROUND CONSTRUCTION. 9 9 54 736 1189993 0 479752 1882781 11998327 13516013 818964 1343576 1622030 1891687 14919073 18634057 625338 670299 0 0 5883711 6139622 0 0 255075 8888754 9832264 15397803 16642185 -478730 1991872 33994747 41310190 5273499 6986076 28721248 34324114 X SOCIETY FOR MINING, METALLURGY AND EXPLORATION (SME) SERVES THE MINING, RESOURCES AND UNDERGROUND CONSTRUCTION COMMUNITIES FOR A SUSTAINABLE FUTURE. 0 0 9166385 12125266 THE MINEXCHANGE 2024 SME ANNUAL CONFERENCE & EXPO WAS HELD IN PHOENIX, ARIZONA, FEBRUARY 23 - 26, 2024. THERE WERE 430+ PRESENTATIONS, 5 SHORT COURSES, 124 PAPERS, 103 SPONSORS, AND 584 EXHIBITING COMPANIES. ALMOST 7,000 INDIVIDUALS WERE IN ATTENDANCE, INCLUDING 544 STUDENTS AND 951 INTERNATIONAL ATTENDEES FROM 39 COUNTRIES. THE 2024 MINNESOTA CONFERENCE WAS HELD AT THE DULUTH ENTERTAINMENT CONFERENCE CENTER IN DULUTH, MINNESOTA ON APRIL 15-17, 2024. THE CONFERENCE WAS ATTENDED BY 963 INDIVIDUALS AND FEATURED TWO DAYS OF PROGRAMMING PLUS SHORT COURSES. THERE WERE 167 BOOTHS AND 35 SPONSORING COMPANIES. THE NORTH AMERICAN TUNNELING CONFERENCE WAS HELD JUNE 23-26 IN NASHVILLE TENNESSEE. DRAWING AN ATTENDANCE OF MORE THAN 1380 ATTENDEES, THE EVENT FEATURED A RECORD NUMBER OF REGISTRATIONS, A SOLD-OUT EXHIBIT HALL WITH 201 BOOTHS AND 29 SPONSORING COMPANIES. THE TECHNICAL PROGRAM FEATURED RICH EDUCATIONAL CONTENT, AND ATTENDEES WERE ABLE TO NETWORK AT FUNCTIONS SUCH AS THE OWNERS RECEPTION AND WOMEN IN TUNNELING BREAKFAST. SME'S MIDYEAR MEETING WAS HELD SEPTEMBER 21-23 IN LAS VEGAS, NEVADA. THE EVENT, HELD IN CONJUNCTION WITH MINEXPO, WAS HOSTED AT CAESARS PALACE. THE XXXI IMPC-LNTERNATIONAL MINERAL PROCESSING CONGRESS (IMPC) WAS HELD SEPTEMBER 29-OCTOBER 3 IN WASHINGTON, DC/NATIONAL HARBOR. SME HAS NOT HOSTED THE IMPC IN THE US SINCE 1995. ATTENDED BY 779 INDIVIDUALS, THE EVENT FEATURED FOUR DAYS OF TECHNICAL PROGRAMMING, POSTER SESSIONS, DAILY KEYNOTE SESSIONS AND SHORT COURSES. IMPC ALSO FEATURED A FIELD TRIP TO THE LUCK STONE BULL RUN QUARRY. IMPC 2024 HAD 11 SPONSORING COMPANIES AND 28 EXHIBIT BOOTHS. 1470667 1616885 MEMBERS ARE THE HEART OF SME, CONTRIBUTING TECHNICAL KNOWLEDGE, TALENT AND VOLUNTEER RESOURCES TO HELP THE ORGANIZATION ADVANCE. SME ENDED 2024 WITH OVER 14,600 MEMBERS. INTERNATIONAL MEMBERS MADE UP 26% OF TOTAL MEMBERSHIP. SME HAS 48 LOCAL SECTIONS, INCLUDING 42 IN THE UNITED STATES PLUS 6 INTERNATIONAL SECTIONS. FIVE NEW STUDENT CHAPTERS WERE FORMED IN 2024, BRINGING THE TOTAL NUMBER OF STUDENT CHAPTERS TO 82. 2411445 197770 DURING 2024 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. 1770824 670299 SME PROVIDES EDUCATIONAL SUPPORT IN THE FORM OF SCHOLARSHIPS AND OTHER CONTINUING EDUCATION SUPPORT. 1770824 670299 14819321 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 MICHELLE HEGARTY 3039484277 12999 E ADAM AIRCRAFT CIR ENGLEWOOD CO 801124167 MARC HERPFER PRESIDENT 2.00 0.00 X 0 0 0 MARC LE VIER PAST PRESIDENT 2.00 0.00 X 0 0 0 BILL HANCOCK 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 JAYSON RIPKE DIRECTOR AT LARGE 2.00 0.00 X 0 0 0 COURTNEY YOUNG DIRECTOR AT LARGE 2.00 0.00 X 0 0 0 JUSTIN ANDERSON DIRECTOR AT LARGE 2.00 0.00 X 0 0 0 JERRY GAUNTT DIRECTOR AT LARGE (THROUGH 2/29/24) 2.00 0.00 X 0 0 0 CATHERINE JOYNER DIRECTOR AT LARGE (THROUGH 2/29/24) 2.00 0.00 X 0 0 0 RONALD PARRATT PAST PRESIDENT (THROUGH 2/29/24) 0.00 X 0 0 0 DAVID L KANAGY EXECUTIVE DIRECTOR 45.00 10.00 X 615207 0 42773 MELANIE PENOYAR-PEREZ CHIEF OPERATING OFFICER 45.00 5.00 X 217030 0 23684 MICHELLE KROEGER CHIEF FINANCIAL OFFICER 45.00 5.00 X 198326 0 22548 CORINNE KNASINSKI DIRECTOR OF MEETINGS 40.00 0.00 X 156273 0 33855 KARIN HARRINGTON DIRECTOR OF HUMAN RESOURCE 40.00 0.00 X 162784 0 20264 TARA DAVIS DIRECTOR OF PROGRAMMING 40.00 0.00 X 157106 0 29068 CHRISTOPHER RYCKELEY MANAGER OF WEB DEVELOPMENT 40.00 0.00 X 142040 0 14682 EMMA SALDITT MANAGER OF PARTNERSHIP DEVELOPMENT 40.00 0.00 X 139742 0 15830 1788508 0 202704 14 0 1 0 CENTERPLATE CATERING 700 14TH ST DENVER CO 80202 CONFERENCE CATERING 494960 FREEMAN DECORATING CO PO BOX 734596 DALLAS TX 753734596 CONFERENCE DECOR 426996 HYATT REGENCY DENVER PO BOX 5591 DENVER CO 80217 CONFERENCE VENUE 267909 LEVY RESTAURANTS 1000 CHOPPER CIRCLE DENVER CO 80204 CONFERENCE CATERING 212320 ARIZONA BILTMORE RESORT & HOTEL 2400 E MISSOURI AVE PHOENIX AZ 85016 CONFERENCE HOTEL 136105 11 1882781 1882781 MEETINGS & EXHIBITS 541900 11899128 11899128 MEMBERSHIP DUES 541900 1616885 1616885 13516013 1072959 1072959 67751 67751 5187424 4916807 270617 270617 270617 384122 186352 197770 197770 ADVERTISING 541800 1189993 1189993 HOTEL REBATES 900099 167930 167930 ADMINISTRATION FEES 900099 58208 58208 210035 210035 1626166 18634057 13939921 1189993 1621362 612299 612299 58000 58000 1123235 977214 112324 33697 3866724 3454379 347475 64870 243283 217340 21862 4081 550782 492047 49495 9240 355598 317677 31955 5966 29580 29580 45612 45612 84522 84522 527100 470890 47367 8843 218338 195055 19620 3663 867228 774747 77932 14549 329616 294466 29620 5530 7768 7768 187186 167225 16821 3140 506025 452063 45473 8489 4354751 3890363 391331 73057 327599 292664 29439 5496 SECTIONS EXPENSE 1333354 1223849 109505 BAD DEBT 149249 149249 MEMBERSHIP AND SUBSCRIP 104282 93162 9371 1749 EMPLOYEE RELATIONS AND 99889 89237 8976 1676 660165 589627 59509 11029 16642185 14819321 1567789 255075 1114926 1318123 3021357 2583715 849593 1743953 1463619 1405433 419110 787819 6307308 3369452 3220529 2937856 22786786 29111753 1118827 1421538 33994747 41310190 1261280 2707232 3388271 3658986 623948 619858 5273499 6986076 X 22290897 28300856 6430351 6023258 28721248 34324114 33994747 41310190 1991872 3610994 0 X 0 1 X 1 0 X 214830 2309614 1110207 479752 1882781 5997184 8720102 4466775 9731715 12573969 14126273 49618834 16304 8938 25242 8951236 6785327 10841922 13053721 16009054 55641260 1662 200 1862 0 1662 200 1862 55639398 521533 782246 544326 902579 1140710 3891394 521533 782246 544326 902579 1140710 3891394 452874 100504 210035 763413 9472769 7567573 11839122 14056804 17359799 60296067 0.92280 0.92470 0.06450 0.06520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10275521 14103 1759794 498500 12046 39 11538833 9807724 55556 930747 505631 12804 71 10275521 12029887 29425 -1694171 557417 9807724 10772728 18665 1695434 456940 12029887 10419039 76007 569159 291478 10772727 0.57000 0.43000 0.00000 0 0 300000 300000 2200000 765417 1434583 1045918 396849 649069 866520 826620 39900 1894870 1380566 514304 2937856 DEFERRED COMPENSATION LIABILITY 581289 LEASE LIABILITY 38569 619858 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 YEARS ENDED SEPTEMBER 30, 2024 AND 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, 2024 AND 2023, RESPECTIVELY, AND THERE WERE NO INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIOD REPORTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 20000 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES MEMBERSHIP DEVELOPMENT 79880 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 35000 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 3000 0 0 0 0 0 0 137880 0 137880 SCHOLARSHIPS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 6 3000 WIRE TRANSFER SCHOLARSHIPS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 3 35000 WIRE TRANSFER SCHOLARSHIPS NORTH AMERICA 2 20000 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. FORM 990, SCHEDULE F, PART I, LINE 3(F): METHOD OF ACCOUNTING: ACCRUAL 1 SCHOLARSHIPS 246 612299 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 0 0 0 0 0 0 0 1 0 DAVID L KANAGY EXECUTIVE DIRECTOR 495432 0 119775 0 0 0 23100 0 19673 0 657980 0 0 0 MELANIE PENOYAR-PEREZ CHIEF OPERATING OFFICER 190318 0 26712 0 0 0 13563 0 10121 0 240714 0 0 0 MICHELLE KROEGER CHIEF FINANCIAL OFFICER 173840 0 24486 0 0 0 12459 0 10089 0 220874 0 0 0 CORINNE KNASINSKI DIRECTOR OF MEETINGS 139555 0 16718 0 0 0 10331 0 23524 0 190128 0 0 0 TARA DAVIS DIRECTOR OF PROGRAMMING 140015 0 17091 0 0 0 10127 0 18941 0 186174 0 0 0 KARIN HARRINGTON DIRECTOR OF HUMAN RESOURCE 142750 0 20034 0 0 0 10253 0 10011 0 183048 0 0 0 CHRISTOPHER RYCKELEY MANAGER OF WEB DEVELOPMENT 128977 0 13063 0 0 0 4698 0 9984 0 156722 0 0 0 EMMA SALDITT MANAGER OF PARTNERSHIP DEVELOPMENT 131142 0 8600 0 0 0 6052 0 9778 0 155572 0 0 0 PART I, LINE 1A THE EXECUTIVE DIRECTOR USES FIRST CLASS OR BUSINESS TRAVEL ONLY 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 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 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 SME FOUNDATION O 446482 FMV