2020-11-04T10:26:38-08:00 2019-12-31 222264838 Jump Perry and Company LLP 12 Lexington Avenue Toms River NJ 087537545 990 2019-01-01 136271591 LICENSING EXECUTIVES SOCIETY USA & CANADA INC LICE 7032344058 11130 SUNRISE VALLEY DRIVE RESTON VA 20191 MICHELE RILEY Treasurer 2020-11-04 true DONALD E JUMP CPA P00740034 7322407377 2019 2021-04-22 16:20:28Z 11130 SUNRISE VALLEY DRIVE 350 RESTON VA 20191 1905021 false X WWW.LESUSACANADA.ORG X 1967 NY A NONPROFIT PROFESSIONAL AND EDUCATIONAL SOCIETY ASSISTING INDIVIDUALS IN TECHNIQUES OF SAFEGUARDING INTELLECTUAL PROPERTY. THE SOCIETY ALSO INFORMS THE PUBLIC CONCERNING THE ECONOMIC SIGNIFICANCE OF LICENSING OR OTHER TRANSFER OF TECHNOLOGY, INDUSTRIAL AND INTELLECTUAL PROPERTY. 18 18 2 375 0 54307 3180 2783460 1822232 3420 3170 58319 76439 2899506 1905021 0 0 246750 68333 0 0 2827764 1963959 3074514 2032292 -175008 -127271 1353543 1063224 962939 799891 390604 263333 X A NONPROFIT PROFESSIONAL AND EDUCATIONAL SOCIETY ASSISTING INDIVIDUALS IN TECHNIQUES OF SAFEGUARDING INTELLECTUAL PROPERTY. THE SOCIETY ALSO INFORMS THE PUBLIC CONCERNING THE ECONOMIC SIGNIFICANCE OF LICENSING OR OTHER TRANSFER OF TECHNOLOGY, INDUSTRIAL AND INTELLECTUAL PROPERTY. false false 850211 MEETINGS CONDUCTED TO EXCHANGE INFORMATION AMONG MEMBERS. 202319 CHAPTERS 200870 MEMBERSHIP 169995 1423395 false false false true false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 13 0 true 2 true false false false false false false false false X 18 18 false true false false true true false true true false true true false true true true true true true false false X VIRTUAL INC 7032344141 11130 SUNRISE VALLEY DRIVE SUITE 35 RESTON VA 20191 KIMBERLY CHOTKOWSKI CEO 40.00 0.00 X 8333 0 0 ROBERT HELD IMMED PAST PRES 5.00 0.00 X X 0 0 0 ANNIE CANNONI DIR CHPTRS EAST 5.00 0.00 X 0 0 0 LOUISE LEVIEN DIR CHPTRS WEST 5.00 0.00 X 0 0 0 JIM BRATTON DIRECTOR INT'L 5.00 0.00 X 0 0 0 Rachel Kreppel COUNSEL 5.00 0.00 X 0 0 0 MICHAEL PELLEGRINO Treasurer 5.00 0.00 X X 0 0 0 Karthika Perumal Director 5.00 0.00 X 0 0 0 Lalit Gaur Director 5.00 0.00 X 0 0 0 KEVIN SPIVAK Secretary 5.00 0.00 X X 0 0 0 Eric Victory Director 5.00 0.00 X 0 0 0 Karen Temple Director 5.00 0.00 X 0 0 0 ANNEMARIE MEIKE DIR MEMBSHP 5.00 0.00 X 0 0 0 GILLIAN FENTON PRESIDENT ELECT 5.00 0.00 X X 0 0 0 SCOTT WILLIAMS DIR MEETINGS 5.00 0.00 X 0 0 0 Ian DiBernardo Director 5.00 0.00 X 0 0 0 Lesley Millar-Nicholson Director 5.00 0.00 X 0 0 0 Evelyn Chen Director 5.00 0.00 X 0 0 0 GARY FEDOROCHKO President 5.00 0.00 X X 0 0 0 8333 0 false false false 1800 Diagonal Road LLC PO Box 823309 Philadelphia PA 191823309 LEASE 148974 Eleanor A Nelson CMP LLC PO Box 111 Oxford MD 21654 Meeting Planning Services 145560 Virtual Inc 401 Edgewater Place Suite 600 Wakefield MA 01880 MANAGEMENT 527543 3 3180 3180 CAREER CENTER 900099 11404 11404 CHAPTER AWARD 900099 6750 6750 MEETINGS AND CONFERENCES 900099 861017 861017 MEMBERSHIP DUES 900099 793873 793873 TRAINING 900099 149188 149188 1822232 3170 3170 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 23425 23425 SUBLEASE REVENUE 531390 53014 53014 76439 1905021 1901841 X 0 0 0 0 8333 8333 0 60000 60000 0 0 0 0 0 0 0 0 0 636942 280649 356293 0 0 0 0 115000 427 114573 65186 60431 4755 0 0 0 0 3000 3000 11661 3095 8566 FOOD & BEVERAGE 339153 339153 OTHER EXPENSE 235739 234406 1333 MEMBERSHIP DUES TO LESI 126016 126016 EQUIPMENT & IT 100192 53680 46512 331070 262538 68532 2032292 1423395 608897 0 1244517 918762 0 0 13432 26131 0 0 0 0 82727 108464 3000 0 0 0 0 0 9867 9867 1353543 1063224 47300 29406 760632 570122 155007 200363 962939 799891 X 379723 252398 10881 10935 390604 263333 1353543 1063224 -127271 X false true X true false false true true false OTHER LIABILITIES 196396 SUBLEASE SECURITY DEPOSIT 3967 200363 X 1905021 1905021 1905021 2032292 2032292 2032292 Part X : FIN48 Footnote The Society is exempt from federal income taxes as described above, except on net income derived from unrelated business activities. The Society does not have business activities currently subject to tax on unrelated business income. The Society believes that they have appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the financial statements. The Society has no open tax years prior to December 31, 2016. Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: MEMBERSHIP Form 990, Part VI, Line 11b: Form 990 Review Process THE 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED AND APPROVED BY THE TREASURER AND THE MANAGEMENT COMPANY. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ALL ACTUAL AND POTENTIAL CONFLICTS OF INTERESTS ARE DISCLOSED BY BOARD MEMBERS TO THE LES EXECUTIVE COMMITTEE THROUGH THE ANNUAL DISCLOSURE FORM AND/OR WHENEVER A CONFLICT ARISES. THE DISINTERESTED MEMBERS OF THE LES EXECUTIVE COMMITTEE MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION IS APPROPRIATE (IF ANY). THE LES EXECUTIVE COMMITTEE INFORMS THE BOARD OF SUCH DETERMINATION AND ACTION. THE BOARD RETAINS THE RIGHT TO MODIFY OR REVERSE SUCH DETERMINATION AND ACTION, AND RETAINS THE ULTIMATE ENFORCEMENT AUTHORITY WITH RESPECT TO THE INTERPRETATION AND APPLICATION OF THIS POLICY. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY CONTACTING THE LES OFFICE. Form 990, Part IX, Line 24e: Other Expenses AUDIO VISUAL: Column (A) - Total = $80359; Column (B) - Program Services = $80359; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses BAD DEBT EXPENSE: Column (A) - Total = $5903; Column (B) - Program Services = $0; Column (C) - Management & General = $5903; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses BANK & CREDIT CARD FEE: Column (A) - Total = $49064; Column (B) - Program Services = $45162; Column (C) - Management & General = $3902; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses GOVERNANCE: Column (A) - Total = $26714; Column (B) - Program Services = $0; Column (C) - Management & General = $26714; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses MARKETING & COMMUNICATION: Column (A) - Total = $87944; Column (B) - Program Services = $62688; Column (C) - Management & General = $25256; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses MEETING DECOR: Column (A) - Total = $58967; Column (B) - Program Services = $58967; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Postage and Shipping: Column (A) - Total = $10451; Column (B) - Program Services = $9885; Column (C) - Management & General = $566; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses TAXES & FEES: Column (A) - Total = $11668; Column (B) - Program Services = $5477; Column (C) - Management & General = $6191; Column (D) - Fundraising = $0