2019-07-08T12:25:49-05:00 2018-08-31 860271207 SCHMIDT WESTERGARD & COMPANY PLLC 77 WEST UNIVERSITY DRIVE MESA AZ 852015830 990 2017-09-01 135265940 INSTITUTE FOR SUPPLY MANAGEMENT INST 4807526276 309 W ELLIOT ROAD SUITE 113 TEMPE AZ 852841556 THOMAS DERRY CEO 4807526276 2019-06-06 1 KELLY M WHITE P00622256 4808346030 216.27.213.138 2019-06-06 09:14:53 US P 2549AE6D03E5DD4D6E5C26BDB3865E2E9EAE24D2 AABCA7D4A69FE23C4645447E4DBAE51B3FD989F2 2017 2019-02-21 02:37:17Z THOMAS DERRY 309 W ELLIOT ROAD SUITE 113 TEMPE AZ 852841556 17159265 0 X WWW.INSTITUTEFORSUPPLYMANAGEMENT.ORG X 1915 NY WE ADVANCE THE PRACTICE OF SUPPLY MANAGEMENT TO DRIVE VALUE AND COMPETITIVE ADVANTAGE, AND CONTRIBUTE TO A PROSPEROUS, SUSTAINABLE WORLD. 13 12 75 846 321737 0 5005082 61722 9081647 14139516 2499995 318521 828196 1810287 17414920 16330046 115210 116700 0 0 6773071 7735964 0 0 0 7955919 7773409 14844200 15626073 2570720 703973 15014901 16304868 4329904 4789939 10684997 11514929 X WE ADVANCE THE PRACTICE OF SUPPLY MANAGEMENT TO DRIVE VALUE AND COMPETITIVE ADVANTAGE, AND CONTRIBUTE TO A PROSPEROUS, SUSTAINABLE WORLD. 0 0 2741429 116700 4045324 CONFERENCES: ISM HOLDS THE INSTITUTE FOR SUPPLY MANAGEMENT ANNUAL CONFERENCE AND EDUCATIONAL EXHIBIT WITH MORE THAN 2,500 SUPPLY MANAGEMENT PROFESSIONALS AND SERVICE PROVIDERS IN ATTENDANCE. THIS THREE DAY EVENT OFFERS EDUCATION, NETWORKING AND AN EXHIBIT HALL. OTHER ISM CONFERENCES INCLUDE THE INDIRECT CONFERENCE, UPMG CONFERENCE AND IMPACT CONFERENCE. THESE SMALLER NICHE EVENTS FOCUS ON SPECIALTY TOPICS AND/OR INDUSTRIES AND ATTRACT HUNDREDS OF SUPPLY MANAGEMENT PROFESSIONALS TO THESE EVENTS. 1912867 1776636 ISM'S CAPS RESEARCH, AFFILIATED WITH THE ARIZONA STATE UNIVERSITY'S W.P. CAREY SCHOOL OF BUSINESS, HAS THE MISSION TO EMPOWER SUPPLY MANAGEMENT PROFESSIONALS WITH PROFOUND DISCOVERY, POWERFUL CONNECTIONS, AND CLEAR FORESIGHT. CAPS RESEARCH PUBLISHES SPECIFIC STUDIES, INCLUDING BENCHMARKING REPORTS, CRITICAL ISSUES, AND RESEARCH PUBLICATIONS. IN ADDITION, CAPS HOSTS THE DOMESTIC AND INTERNATIONAL EXECUTIVE ROUNDTABLES, CRITICAL ISSUE EXCHANGE, AND RESEARCH PIPELINE EVENTS THROUGHOUT THE YEAR. 1815132 843606 EDUCATIONAL PRODUCTS: ISM PROVIDES VARIOUS EDUCATIONAL PRODUCTS TO IMPROVE INDIVIDUAL AND ORGANIZATIONAL PROFESSIONAL DEVELOPMENT, TRAINING, AND STRATEGIC SUPPLY MANAGEMENT KNOWLEDGE. THESE PRODUCTS PREPARE INDIVIDUALS FOR THEIR CAREER PROGRESSION, ORGANIZATIONAL TRAINING AND PROVIDE THE CORRESPONDING KNOWLEDGE BASE AND UPSKILLING REQUIRED FOR CERTIFICATION AS A CERTIFIED PROFESSIONAL IN SUPPLY MANAGEMENT. 3879327 7899944 CERTIFICATION PROGRAM; EDUCATIONAL SUPPORT, DEVELOPMENT AND PRODUCTS; NATIONAL GROUPS/FORUMS; SEMINARS; CORPORATE PROGRAMS; VOLUNTEER AND ASSOCIATION GOVERNANCE. 3879327 7899944 10348755 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 80 0 1 75 1 1 1 1 CH 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 AZ NY X DEBBIE FOGEL-MONNISSEN 4807526276 309 W ELLIOT ROAD SUITE 113 TEMPE AZ 85284 CRAIG REED DIRECTOR/CHAIR 1.00 X 0 0 0 CAMILLE BATISTE DIRECTOR 1.00 X 0 0 0 GEORGE CHANG DIRECTOR 1.00 X 0 0 0 NORBERT DEAN DIRECTOR 1.00 X 0 0 0 THOMAS W DERRY CEO 40.00 X X 636658 0 73265 BEVERLY GASKIN DIRECTOR (TERM END 8/31/18) 1.00 X 0 0 0 NIK HIREMATH DIRECTOR (TERM END 8/31/18) 1.00 X 0 0 0 CHRISTOPHER LEDGER DIRECTOR 1.00 X 0 0 0 HOWARD LEVY DIRECTOR 1.00 X 0 0 0 HANS MELOTTE DIRECTOR (TERM END 8/31/18) 1.00 X 0 0 0 KRISTOPHER PINNOW DIRECTOR 1.00 X 0 0 0 STACEY TAYLOR DIRECTOR 1.00 X 0 0 0 CHAE-UNG UM DIRECTOR 1.00 X 0 0 0 DEBBIE FOGEL-MONNISSEN CFO 40.00 X 206813 0 28609 NORA P NEIBERGALL SR VP/SECRETARY 40.00 X 214194 0 34597 JIM BARNES EXECUTIVE VICE PRESIDENT - ISM SERVICES 40.00 X 228369 0 38930 DEBORAH STANTON EXECUTIVE VICE PRESIDENT 40.00 X 277821 0 45822 ML PECK SR VP PRODUCT & MARKETING 40.00 X 211937 0 33245 LANE BURKITT DIRECTOR TRAINING 40.00 X 173703 0 29907 CANDICE CRAIG PROGRAM MANAGER, SALES 40.00 X 107627 0 20431 ROB DOBOS DIRECTOR IT 40.00 X 118593 0 22757 KELLY RICH COORDINATOR SALES 40.00 X 110014 0 21481 2285729 0 349044 10 0 1 0 GAYLORD OPRYLAND 2800 OPRYLAND DR NASHVILLE TN 37214 CONFERENCE ROOM RENTALS 697050 BRIGHTFIND 1010 WAYNE AVE SUITE 800 SILVER SPRING MD 20910 WEBSITE DESIGN 466412 AV CONCEPTS INC 1917 WEST 1ST STREET TEMPE AZ 85281 AV SERVICES 364973 WASHINGTON SPEAKERS BUREAU 1663 PRINCE STREET ALEXANDRIA VA 22314 SPEAKERS 219070 JW MARRIOT DESERT RIDGE RESORT & SPA 5350 E MARRIOTT DRIVE PHOENIX AZ 85054 CONFERENCE ROOM RENTALS 185268 10 48181 13541 61722 CONFERENCES & SPONSORSHIPS 900099 4045324 4045324 MEMBERSHIPS 900099 3165799 3165799 TRAINING 900099 2606119 2606119 CERTIFICATION FEES & EXAMS 900099 1916472 1916472 CAPS RESEARCH 900099 1776636 1776636 629166 307429 321737 14139516 99025 99025 1020150 1020150 884821 657840 7485 226981 -7485 219496 219496 68019 48181 68019 0 843606 95875 747731 747731 MISCELLANEOUS REVENUE 541900 42406 42406 42406 16330046 14565510 321737 1381077 X 34000 34000 82700 82700 1689874 595283 1094591 4439632 2770485 1669147 466536 233268 233268 394807 323071 71736 745115 372986 372129 185146 92037 93109 119116 119116 60905 60905 1717783 1532036 185747 83329 76405 6924 87141 61813 25328 507092 224093 282999 28556 28556 621300 337260 284040 1652606 1509594 143012 183869 35355 148514 76974 40008 36966 PRODUCT COSTS 824023 702015 122008 EQUIPMENT RENTAL 494846 433159 61687 BANK PROCESSING 266046 861 265185 CERTIFICATION & EXAM 260710 260710 603967 603060 907 15626073 10348755 5277318 0 6065271 5703028 3452499 3176337 13077 6433 538597 756483 1418729 908234 749653 510495 3060808 4780118 1082323 962210 0 306103 52673 103661 15014901 16304868 944584 1121124 2500 3385320 3666315 4329904 4789939 X 9934101 10709193 750896 805736 10684997 11514929 15014901 16304868 703973 125959 0 X 0 1 X 1 0 X 4248500 3432915 3224511 5005082 61722 15972730 9777015 10985544 11902311 10009592 14661385 57335847 14025515 14418459 15126822 15014674 14723107 73308577 0 0 0 73308577 109 0 0 74119 1119175 1193403 196141 196141 109 74119 1315316 1389544 14025624 14418459 15126822 15088793 16038423 74698121 0.98140 0.99900 0.01860 0.00100 X 50765 7300 43465 439738 104301 335437 928226 796633 131593 510495 1000 F CHALKSTREAM INVESTMENT FUND 961210 F 962210 X PART X, LINE 2: THE INSTITUTE IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE INSTITUTE HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE (IRS) NOT TO BE A PRIVATE FOUNDATION. HOWEVER, THE INSTITUTE IS SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME, AS DEFINED BY THE IRS. AT AUGUST 31, 2018, THE INSTITUTE HAD NO NET TAXABLE UNRELATED BUSINESS INCOME AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE INSTITUTE ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FINANCIAL ACCOUNTING STANDARDS BOARD (FASB), ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740-10), WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE INSTITUTE MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT HAS EVALUATED THE INSTITUTE'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE INSTITUTE FILES INFORMATIONAL AND INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND VARIOUS STATE JURISDICTIONS. GENERALLY, THE INSTITUTE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THE YEARS BEFORE 2015. THE INSTITUTE IS SUBJECT TO A CALCULATION FOR UNRELATED BUSINESS INCOME TAX ON ITS COLLECTION OF NET ADVERTISING INCOME. AT AUGUST 31, 2018, THE INSTITUTE HAD NET FEDERAL LOSS CARRYFORWARDS TOTALING APPROXIMATELY $1,976,000 AND NET STATE LOSS CARRYFORWARDS TOTALING APPROXIMATELY $254,000. THE NET LOSSES HAVE OCCURRED AS A RESULT OF DIRECT ADVERTISING COSTS EXCEEDING ADVERTISING INCOME. THE INSTITUTE IS ALLOWED TO CARRYFORWARD THESE LOSSES TO OFFSET FUTURE UNRELATED BUSINESS INCOME TAXES. THE DEFERRED TAX ASSET HAS BEEN REDUCED TO $0 BY A VALUATION ALLOWANCE BECAUSE MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE NET OPERATING LOSSES WILL NOT BE UTILIZED BEFORE THEY EXPIRE. THE LOSS CARRYFORWARDS BEGIN TO EXPIRE IN AUGUST 2025 FOR FEDERAL AND STATE INCOME TAX PURPOSES. FOR STATE INCOME TAX PURPOSES, LOSSES GENERATED BEFORE JANUARY 1, 2012 ARE LIMITED TO A FIVE YEAR CARRYFORWARD. RICHTER SCHOLARSHIP EVENT 116200 48181 68019 30630 37389 116200 48181 68019 30630 37389 68019 0 1 RUTGERS UNIVERSITY FOUNDATION 120 ALBANY STREET NEW BRUNSWICK NJ 08901 237318742 501(C)(3) 25000 SCHOLARSHIPS LA RABIDA CHILDERN'S HOSPITAL 6501 SOUTH PROMONTORY DRIVE CHICAGO IL 60649 362170143 501(C)(3) 9000 GENERAL SUPPORT 2 SCHOLARSHIPS 16 67200 AWARDS 20 15500 PART I, LINE 2: ISM MONITORS THE USE OF DOCTORAL GRANTS IN THE US BY ALLOCATING 50% OF THE GRANT UPON AWARD AND THE REMAINING 50% OF THE GRANT UPON COMPLETION OF THE GRANTEES DOCTORATE. X 1 1 X X X 0 0 0 0 0 0 0 1 0 THOMAS W DERRY CEO 547451 0 87544 0 1663 0 0 0 73265 0 709923 0 0 0 DEBBIE FOGEL-MONNISSEN CFO 184831 0 21000 0 982 0 0 0 28609 0 235422 0 0 0 NORA P NEIBERGALL SR VP/SECRETARY 187905 0 25000 0 1289 0 0 0 34597 0 248791 0 0 0 JIM BARNES EXECUTIVE VICE PRESIDENT - ISM SERVI 197009 0 30000 0 1360 0 0 0 38930 0 267299 0 0 0 DEBORAH STANTON EXECUTIVE VICE PRESIDENT 228059 0 48328 0 1434 0 0 0 45822 0 323643 0 0 0 ML PECK SR VP PRODUCT & MARKETING 172646 0 38042 0 1249 0 0 0 33245 0 245182 0 0 0 LANE BURKITT DIRECTOR TRAINING 135495 0 37000 0 1208 0 0 0 29907 0 203610 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL IS NOT TREATED AS COMPENSATION. PART I, LINE 7 BONUSES ARE PAID TO TOM DERRY AS DECIDED BY A COMPENSATION COMMITTEE. BONUSES ARE PAID TO OTHERS BASED ON HUMAN RESOURCES RECOMMENDATION AND THE CEO'S APPROVAL. FORM 990, PART VI, SECTION A, LINE 6 THE CLASSES OF MEMBERS WITH THE RIGHT TO ELECT MEMBERS OF THE GOVERNING BODY OR APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY ARE REGULAR MEMBERS. REGULAR MEMBERS ARE BROKEN INTO TWO CLASSES; PROFESSIONAL AND PROFESSIONAL+. PROFESSIONAL MEMBERS ARE MEMBERS OF THE NATIONAL ORGANIZATION; PROFESSIONAL+ MEMBERS ARE MEMBERS OF A LOCAL AFFILATE AND THE NATIONAL ORGANZATION. FORM 990, PART VI, SECTION A, LINE 7A REGULAR MEMBERS MAY ELECT MEMBERS OF THE GOVERNING BODY. THE NATURE OF THEIR VOTING RIGHTS IS DEFINED IN THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B REGULAR MEMBERS MUST APPROVE THE ELECTION OF THE GOVERNING BODY AND ANY CHANGES TO THE ORGANIZATION'S BYLAWS. THE NATURE OF THEIR VOTING RIGHTS IS DEFINED IN THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CONTROLLER, CFO, CEO AND BOARD OF DIRECTORS REVIEW THE RETURN BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EXECUTIVES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST AGREEMENT/DISCLOSURE EVERY YEAR AND IS REVIEWED PERIODICALLY FOR COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S CONTRACT IS REVIEWED BY THE BOARD'S COMPENSATION COMMITTEE USING COMPARABILITY DATA. THE REVIEW, DISCUSSION, AND DECISION ARE RECORDED. ALL OTHER POSITIONS WITH THE COMPANY ARE BENCHMARKED EVERY 3 YEARS. FORM 990, PART VI, SECTION C, LINE 19 ISM'S GOVERNING DOCUMENTS ARE AVAILABLE ONLINE AT WWW.INSTITUTEFORSUPPLYMANAGEMENT.ORG OR BY REQUEST. THE ORGANIZATION'S FINANCIALS, FORM 990 AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,532,036. MANAGEMENT AND GENERAL EXPENSES 185,747. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,717,783. ISM SERVICES INC 309 W ELLIOT ROAD STE 113 TEMPE AZ 85284 383857397 SUPPLY CHAIN MANAGEMENT CONSULTING AZ INSTITUTE FOR SUPPLY MANAGEMENT C 1.00000 0 ISM SUPPLY CHAIN CONSULTING (SHANGHAI) CO INC 315C FL 3 971 DONG FANG RD FREE T SHANGHAI CH SUPPLY CHAIN MANAGEMENT CONSULTING CH ISM SERVICES INC C 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 ISM SERVICES INC D 2393258 CASH