2020-10-06T09:58:14-05:00 2019-12-31 EISNERAMPER LLP 733 THIRD AVENUE NEW YORK NY 100172703 990 2019-01-01 132735995 COSMETIC EXECUTIVE WOMEN INC % CLAUDIA FLOWERS COSM 2126855955 159 WEST 25TH STREET NEW YORK NY 10001 CLAUDIA FLOWERS COO/CFO 6469298011 2020-10-06 true CANDICE METH P01306891 2129498700 64.238.150.4 13478420202805000040 2020-10-06 P 0D2B68B152645337B688DEEE94C514F7769FF7DB CA5EC38B8D73FB7D0121583D8AFE820998F90C30 2019 2021-04-22 16:20:28Z CARLOTTA JACOBSON PRESIDENT 159 WEST 25TH STREET NEW YORK NY 10001 10174406 false X www.cew.org X 1974 NY CEW ADVANCES THE PROFESSIONAL GROWTH OF WOMEN IN THE COSMETIC INDUSTRY THROUGH CAREER DEVELOPMENT, NETWORKING OPPORTUNITIES, ACCESS TO INDUSTRY LEADERS & RECOGNITION OF ACHIEVEMENT 82 81 34 162 0 0 225050 124472 6867418 7464644 763000 568954 67094 54028 7922562 8212098 0 0 0 0 4348895 4234036 0 0 0 3246450 3708996 7595345 7943032 327217 269066 12935722 14761347 2904205 3202069 10031517 11559278 X COSMETIC EXECUTIVE WOMEN, INC. ("CEW") ADVANCES THE PROFESSIONAL GROWTH AND LEADERSHIP DEVELOPMENT OF WOMEN IN THE COSMETIC INDUSTRY THROUGH THE FOLLOWING PROGRAMMING: PROFESSIONAL DEVELOPMENT AND NETWORKING - CEW PROVIDES CAREER WORKSHOPS, NETWORKING EVENTS, ONLINE MENTORING, AND A BEAUTY CAREER CENTER. INDUSTRY INSIGHTS AND ACCESS TO LEADERS - CEW HOSTS EVENTS SUCH AS WOMEN IN BEAUTY SERIES, NEWSMAKERS FORUMS, AND PROVIDES INDUSTRY NEWSLETTERS TO ITS MEMBERS. RECOGNITION OF INDUSTRY ACHIEVEMENT AND INNOVATION - CEW HOLDS ANNUAL PROGRAMS HONORING WOMEN LEADERS AND PRODUCT INNOVATION. false false ACHIEVER AWARDS: THE ANNUAL CEW ACHIEVER AWARDS IS THE ONLY INDUSTRY AWARD THAT RECOGNIZES THE ACHIEVEMENT OF WOMEN IN THE COSMETICS INDUSTRY. THE AWARD RECIPIENTS REPRESENT THE TOP TALENT IN BEAUTY AND RETAIL. THE ACHIEVER AWARDS SERVE AS AN INSPIRATION FOR FUTURE WOMEN LEADERS AND FOR COMPANIES TO SUPPORT WOMEN'S ADVANCEMENT. THE CORPORATE EMPOWERMENT FOR WOMEN (C.E.W.) AWARD RECOGNIZES A COMPANY THAT DEMONSTRATES A COMMITMENT TO ADVANCING WOMEN LEADERS WITHIN ITS ORGANIZATION. THE GREAT IDEA AWARD, SPONSORED BY IFF, ENCOURAGES INNOVATION BY RECOGNIZING A WOMAN IN THE BEAUTY INDUSTRY WHO HAS MADE AN IMPACT IN PRODUCT DEVELOPMENT, CONSUMER SALES OR NEW MARKETS. BEAUTY AWARDS THE CEW BEAUTY AWARDS PROMOTE PRODUCT INNOVATION IN THE BEAUTY INDUSTRY TO CONSUMERS BY RECOGNIZING THE BEST BEAUTY PRODUCTS OF THE YEAR. THE PRODUCTS ARE SELECTED BY THE REAL BEAUTY EXPERTS, PROFESSIONALS IN THE COSMETIC AND FRAGRANCE INDUSTRY. THE CEW BEAUTY AWARDS FINALISTS AND WINNERS ARE PROMOTED BY MASS AND PRESTIGE RETAILERS AND QVC. THE AWARDS GARNER AN AVERAGE OF 450 MILLION PRESS IMPRESSIONS. THE BEAUTY AWARDS PRODUCT DEMONSTRATION, A MEMBER-ONLY EVENT, SHOWCASES THE BEAUTY-AWARD PRODUCT ENTRIES. MEMBERS CAN VIEW AND TRY ALL ENTRIES PRIOR TO CASTING THEIR VOTES. THE WINNERS OF THE BEAUTY AWARDS ARE ANNOUNCED AT BEAUTY AWARDS LUNCHEON ATTENDED BY ALL FINALISTS, BEAUTY COMPANIES AND INDUSTRY LEADERS. BEAUTY INSIDER SERIES NY AND WEST COAST: THE WOMEN IN BEAUTY SERIES OFFERS THE OPPORTUNITY TO NETWORK AND GAIN INDUSTRY KNOWLEDGE. EACH EVENT BEGINS WITH AN HOUR OF INFORMAL NETWORKING FOLLOWED BY A DISCUSSION WITH TOP WOMEN LEADERS WHO SHARE THEIR PERSPECTIVES ON CAREER AND BUSINESS. false false false true false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false true false false false false false false false true 58 0 true 34 true false false false false false false false false X 82 81 false true false false true true true true true false false true true true true true true true true false NY X CLAUDIA FLOWERS 6469298011 159 WEST 25TH STREET New York NY 10001 LISA KLEIN SENIOR VP OF DEVELOPMENT 40.0 0.0 X 310628 0 138233 CLAUDIA FLOWERS COO / CFO 40.0 0.0 X 315659 0 109841 CARLOTTA JACOBSON PRESIDENT 40.0 0.0 X X 131385 0 201684 NICOLE BARISIC VP MARKETING AND EVENTS 40.0 0.0 X 212147 0 92542 ANDREA NAGEL VP OF CONTENT 40.0 0.0 X 184365 0 85835 LESLIE HUTCHINGS VP OF MEMBERSHIP 40.0 0.0 X 174674 0 57384 ALEXANDRA SALAND SENIOR DIRECTOR OF MARKETING 40.0 0.0 X 166623 0 55048 LISA CAMPIONE DIRECTOR OF EVENTS 40.0 0.0 X 148171 0 49616 JILL SCALAMANDRE CHAIRWOMAN 2.0 0.0 X X 0 0 0 BARBARA KOTLIKOFF VICE-CHAIRWOMAN 1.0 0.0 X X 0 0 0 HEIDI MANHEIMER VICE-CHAIRWOMAN 1.0 0.0 X X 0 0 0 KELLY MCPHILLIAMY TREASURER 1.0 0.0 X X 0 0 0 SUSAN AKKAD BOARD MEMBER 1.0 0.0 X 0 0 0 JOY ATKINSON BOARD MEMBER 1.0 0.0 X 0 0 0 MADONNA BADGER Board Member 1.0 0.0 X 0 0 0 CHRISTINE BARTON Board Member 1.0 0.0 X 0 0 0 PAMELA BAXTER BOARD MEMBER 1.0 0.0 X 0 0 0 KATIA BEAUCHAMP Board Member 1.0 0.0 X 0 0 0 NANCY BERGER BOARD MEMBER 1.0 0.0 X 0 0 0 MALY BERNSTEIN BOARD MEMBER 1.0 0.0 X 0 0 0 DANYELLE BOILARD-PAUL BOARD MEMBER 1.0 0.0 X 0 0 0 EMILY BOND BOARD MEMBER 1.0 0.0 X 0 0 0 ESI EGGLESTON BRACEY BOARD MEMBER 1.0 0.0 X 0 0 0 LAUREN BRINDLEY Board Member 1.0 0.0 X 0 0 0 LAUREN CENZANO BOARD MEMBER 1.0 0.0 X 0 0 0 DANIELA CIOCAN Board Member 1.0 0.0 X 0 0 0 DEBORA COFFEY Board Member 1.0 0.0 X 0 0 0 DIANE CRECCA Board Member 1.0 0.0 X 0 0 0 KATHLEEN CRODDICK MOLY BOARD MEMBER 1.0 0.0 X 0 0 0 SHANNON CURTIN Board Member 1.0 0.0 X 0 0 0 TERRY DARLAND BOARD MEMBER 1.0 0.0 X 0 0 0 GINGER DELEO Board Member 1.0 0.0 X 0 0 0 LORI DEO Board Member 1.0 0.0 X 0 0 0 LAURIE DOWLEY Board Member 1.0 0.0 X 0 0 0 ELANA DRELL-SZYFER Board Member 1.0 0.0 X 0 0 0 NATA DVIR Board Member 1.0 0.0 X 0 0 0 ANASTASIA ECONOMOS Board Member 1.0 0.0 X 0 0 0 VERONIQUE FERVAL Board Member 1.0 0.0 X 0 0 0 JENNY B FINE Board Member 1.0 0.0 X 0 0 0 KAREN FONDU board member 1.0 0.0 X 0 0 0 MARY FOX Board Member 1.0 0.0 X 0 0 0 ELLEN FRIEDMAN Board Member 1.0 0.0 X 0 0 0 JENNIFER GOLDFARB Board Member 1.0 0.0 X 0 0 0 LUCIE GREENE BOARD MEMBER 1.0 0.0 X 0 0 0 JANET GURWITCH Board Member 1.0 0.0 X 0 0 0 CAROL HAMILTON BOARD MEMBER 1.0 0.0 X 0 0 0 CHRISTINA HENNINGTON Board Member 1.0 0.0 X 0 0 0 VENNETTE HO Board Member 1.0 0.0 X 0 0 0 CLAIRE HOBSON Board Member 1.0 0.0 X 0 0 0 AVA HUANG Board Member 1.0 0.0 X 0 0 0 LIZ KAPLOW Board Member 1.0 0.0 X 0 0 0 R ALEXANDRA KEITH Board Member 1.0 0.0 X 0 0 0 ELLEN LENNON Board Member 1.0 0.0 X 0 0 0 WENDY LIEBMANN Board Member 1.0 0.0 X 0 0 0 JAMIE KERN LIMA Board Member 1.0 0.0 X 0 0 0 GEMMA LIONELLO Board Member 1.0 0.0 X 0 0 0 ISABEL LOPES Board Member 1.0 0.0 X 0 0 0 MARINA MAHER Board Member 1.0 0.0 X 0 0 0 SANDRA MAIN BOARD MEMBER 1.0 0.0 X 0 0 0 LESLIE MARINO BOARD MEMBER 1.0 0.0 X 0 0 0 TIFFANY MASTERSON BOARD MEMBER 1.0 0.0 X 0 0 0 FLYNN MATTHEWS BOARD MEMBER 1.0 0.0 X 0 0 0 CARRIE MELLAGE Board Member 1.0 0.0 X 0 0 0 ASHLEY MILES BOARD MEMBER 1.0 0.0 X 0 0 0 LORI MONACO BOARD MEMBER 1.0 0.0 X 0 0 0 KAREN MOON BOARD MEMBER 1.0 0.0 X 0 0 0 MARCIA MOSSACK BOARD MEMBER 1.0 0.0 X 0 0 0 LAUREN NEWMAN BOARD MEMBER 1.0 0.0 X 0 0 0 KATHY O'BRIEN BOARD MEMBER 1.0 0.0 X 0 0 0 ARTEMIS PATRICK BOARD MEMBER 1.0 0.0 X 0 0 0 LEELA PETRAKIS BOARD MEMBER 1.0 0.0 X 0 0 0 CLAUDIA POCCIA BOARD MEMBER 1.0 0.0 X 0 0 0 VAISHNAOVI RASTOGI BOARD MEMBER 1.0 0.0 X 0 0 0 LISA MARIE RINGUS BOARD MEMBER 1.0 0.0 X 0 0 0 CORA ROOD BOARD MEMBER 1.0 0.0 X 0 0 0 NANCY SCHMIDT BOARD MEMBER 1.0 0.0 X 0 0 0 JEANNINE SHAO COLLINS BOARD MEMBER 1.0 0.0 X 0 0 0 TARA SIMON BOARD MEMBER 1.0 0.0 X 0 0 0 LORI SINGER BOARD MEMBER 1.0 0.0 X 0 0 0 KARIN TRACY BOARD MEMBER 1.0 0.0 X 0 0 0 VICKY TSAI BOARD MEMBER 1.0 0.0 X 0 0 0 KELLY VANASSE BOARD MEMBER 1.0 0.0 X 0 0 0 NANCY WEBER BOARD MEMBER 1.0 0.0 X 0 0 0 CATHERINE WELLS BOARD MEMBER 1.0 0.0 X 0 0 0 LINDA WELLS BOARD MEMBER 1.0 0.0 X 0 0 0 SARAH WILLERSDORF BOARD MEMBER 1.0 0.0 X 0 0 0 JUE WONG Board Member 1.0 0.0 X 0 0 0 ALICIA YOON BOARD MEMBER 1.0 0.0 X 0 0 0 BARBARA ZINN-MOORE BOARD MEMBER 1.0 0.0 X 0 0 0 1643652 0 790183 11 false true false Purplecard Holdings LLC 225 West 35th Street NEW YORK NY 10001 TECHNOLOGY 147176 RHC OPERATING LLC 45 EAST 45TH STREET NEW YORK NY 10017 hotel 128030 HILTON NEW YORK 1335 AVENUE OF AMERICAS NEW YORK NY 10019 EVENT SPACE 559607 3 124472 124472 124472 MEMBERSHIP DUES 900099 1705618 1705618 BEAUTY AWARDS EVENT 900099 1786100 1786100 ACHIEVER AWARDS EVENT 900099 1562965 1562965 OTHER EVENTS REVENUE 900099 2409961 2409961 7464644 362084 362084 0 0 0 0 0 2169178 1962308 206870 206870 206870 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 54028 54028 54028 8212098 7518672 568954 0 0 0 0 847413 0 2663136 129084 351884 242519 0 66568 59160 0 0 142941 492300 0 144730 317978 0 230944 100134 0 7706 1315 0 284299 43751 REIMBURSED OFFICER 0 COMPENSATION FROM CEW FDTN -89740 PUBLIC RELATIONS 92076 EQUIPMENT RENTAL 13420 1801414 7943032 1526 259 359491 732417 0 0 107598 177326 0 0 0 0 0 0 0 0 1135262 960345 1185261 648453 679429 536808 10082551 11773024 0 0 0 0 0 0 569865 581168 12935722 14761347 1164191 1424007 0 0 1416438 1568230 0 0 0 0 0 0 98290 0 0 0 225286 209832 2904205 3202069 X 10031517 11559278 0 0 10031517 11559278 12935722 14761347 X 269066 1264040 -5345 X false true X true false true true false 739683 343960 395723 148864 116370 32494 296715 188124 108591 536808 0 DEFERRED RENT 209832 209832 X 11737093 1264040 2403896 3667936 8069157 142941 142941 8212098 10209332 2403896 5345 2409241 7800091 142941 142941 7943032 FORM 990, SCHEDULE D, PART X, LINE 2 The Organization is subject to the provisions of the Financial Accounting Standards Board's (the "FASB") Accounting Standards Codification ("ASC") Topic 740, Income Taxes, as it relates to accounting and reporting for uncertainty in income taxes. For the Organization, these provisions could be applicable to the excise tax on compensation. Because the Organization has accrued any potential liability and because of the Organization's general tax-exempt status, management believes, ASC Topic 740 has not had, and is not anticipated to have, a material impact on the Organization's financial statements. Subsequent to December 31, 2019, the provision in the tax code requiring the Organization to remit a tax attributable to transportation fringe benefits was repealed retroactively to December 31, 2017, therefore, eliminating the Organizations obligation for this tax. The Organization will file for a claim of refund for any taxes paid subsequent to December 31, 2017 relating to transportation fringe benefits. FORM 990, SCHEDULE D, PART XII, LINE 2D LOSS ON UNCOLLECTIBLE RECEIVABLES OF $5,345. X X true true X X X X X false true false true CARLOTTA JACOBSON PRESIDENT 131274 0 0 0 111 0 175093 0 26591 0 333069 0 0 0 CLAUDIA FLOWERS COO / CFO 241266 0 72627 0 1766 0 95277 0 14564 0 425500 0 72627 0 LISA KLEIN SENIOR VP OF DEVELOPMENT 236091 0 73001 0 1536 0 100401 0 37832 0 448861 0 73001 0 NICOLE BARISIC VP MARKETING AND EVENTS 176930 0 34299 0 918 0 54383 0 38159 0 304689 0 34299 0 ANDREA NAGEL VP OF CONTENT 147487 0 36694 0 184 0 43431 0 42404 0 270200 0 36694 0 LESLIE HUTCHINGS VP OF MEMBERSHIP 143655 0 30900 0 119 0 42457 0 14927 0 232058 0 30900 0 LISA CAMPIONE DIRECTOR OF EVENTS 122720 0 24720 0 731 0 30591 0 19025 0 197787 0 24720 0 ALEXANDRA SALAND SENIOR DIRECTOR OF MARKETING 147175 0 18750 0 698 0 41813 0 13235 0 221671 0 18750 0 COMPENSATION OF EMPLOYEES: SEE SCHEDULE O, EXPLANATION FOR PART VI, DELEGATION OF MANAGEMENT DUTIES FOR FURTHER CLARIFICATION ON FEDERAL REPORTING OF EMPLOYEE COMPENSATION. FORM 990, SCHEDULE J, PART I, LINE 4B The Organization has a 457(f)supplemental retirement plan under which the Organization accrues amounts on the President's behalf. Accruals amounted to $428,906 for 2019. FORM 990, SCHEDULE J, QUESTION 7 The President and COO/CFO approve the non-fixed bonus payments for listed employees during 2019. X GIVEAWAY GIFT BAGS/SIGNS 6050 119500 FMV X WATER BOTTLES 3000 4972 FMV false false false FORM 990, PART VI, SECTION A, LINE 3 DELEGATION OF MANAGEMENT DUTIES: CERTAIN COSTS FOR SHARED GENERAL AND ADMINISTRATIVE EXPENSES (INCLUDING THE COMPENSATION OF THE PRESIDENT AND COO/CFO) ARE ALLOCATED BY THE ORGANIZATION TO COSMETIC EXECUTIVE WOMEN'S FOUNDATION, LTD. (A 501(C)(3) TAX-EXEMPT ORGANIZATION THAT DOES NOT MEET THE IRS CRITERIA AS A RELATED PARTY). ADDITIONALLY, COSMETIC EXECUTIVE WOMEN, INC. LEASES ITS EMPLOYEES FROM A THIRD PARTY PROFESSIONAL EMPLOYER SERVICE ORGANIZATION. THIS SERVICE ORGANIZATION REPORTS ALL EMPLOYEES AND EARNINGS UNDER ITS OWN TAX IDENTIFICATION NUMBER. FOR REPORTING AND DISCLOSURE PURPOSES, COMPENSATION HAS BEEN REFLECTED ON FORM 990, PART VII AND SCHEDULE J. FORM 990, PART VI, SECTION B, LINE 7 MEMBERS: CEW has two classes of members. Regular members are those individuals who have served three or more years in an executive capacity in the business world and are currently working in some area of cosmetics or related industries. Honorary members are those individuals whose activities in the cosmetic fragrance and allied industries, as determined by the Board, make them worthy of the honor. Honorary members may attend meetings of the members but shall have no voting rights, except that they are eligible to vote in the annual Beauty Awards. Members are nominated by a committee, consisting of a minimum of three members of the corporation, at least one of whom shall be on the Board of Governors. The membership committee is appointed by the President. The Committee establishes procedures and guidelines for acceptance of new members which is approved by the Board. At each annual meeting of the members, the members shall elect new members to the Board Governors, as needed. FORM 990, PART VI, SECTION B, LINE 11B PROCESS FOR REVIEW OF FORM 990: THE CONTROLLER, COO/CFO AND THE PRESIDENT REVIEW THE FORM 990 PREPARED BY THE AUDITING FIRM. UPON SATISFACTORY REVIEW, THE FINAL DRAFT IS MADE AVAILABLE TO THE BOARD OF GOVERNORS FOR QUESTIONS AND COMMENTS FOR THREE DAYS' TIME. AFTER THE THREE DAYS HAVE ELAPSED, AND ALL QUESTIONS ANSWERED AND CONCERNS ADDRESSED, THE FORM 990 IS FILED ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: COSMETIC EXECUTIVE WOMEN, INC. REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ALL OFFICERS, DIRECTORS, AND EMPLOYEES TO RE-AFFIRM THE POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION POLICY: THE PROCESS FOR DETERMINING COMPENSATION OF THE PRESIDENT AND TOP MANAGEMENT OFFICIALS IS DETERMINED USING COMPARABLE DATA FROM THE NOT-FOR-PROFIT BEAUTY INDUSTRY PROVIDED BY THIRD PARTY SOURCES AND IS THEN REVIEWED BY THE COMPENSATION COMMITTEE FOR APPROVAL. AN INDEPENDENT HUMAN RESOURCES CONSULTANT PROVIDED A COMPENSATION MARKET STUDY IN DECEMBER 2019. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENT AVAILABILITY: THE ORGANIZATION'S FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS REPRESENTS $5,345 OF LOSS ON UNCOLLECTIBLE RECEIVABLES. FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:EVENT EXPENSE-CATERING TOTAL EXPENSES:635208 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:EVENT EXPENSE-VENUE TOTAL EXPENSES:177770 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:EVENT EXPENSE-AUDIO VISUAL TOTAL EXPENSES:302742 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:EVENT EXPENSE-VARIOUS TOTAL EXPENSES:486359 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MARKETING MEMBERSHIP TOTAL EXPENSES:168726 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MISCELLANEOUS EXPENSES TOTAL EXPENSES:30609