2018-06-27T11:10:43-05:00 2017-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 650N BETHESDA MD 208142930 990 2017-01-01 521271179 BUSINESS EXECUTIVES FOR NATIONAL SECURITY BUSI 2022962125 1030 15TH STREET NW NO 200 E WASHINGTON DC 20005 STEVEN W LOWE TREASURER/CFO 2022962125 2018-06-27 1 JAMES LARSON CPA P01329561 3019519090 2017 2022-09-23 18:48:47Z X NORTON A SCHWARTZ 1030 15TH STREET NW NO 200 E WASHINGTON DC 20005 10064337 0 X WWW.BENS.ORG X 1982 DC SEE PART III, LINE 1. 43 43 45 235 0 0 6640162 6960919 0 0 142514 468117 -63173 -33467 6719503 7395569 0 0 0 0 4050549 4073970 0 0 714373 1857473 1766615 5908022 5840585 811481 1554984 7452826 9028528 650118 514744 6802708 8513784 TO APPLY BEST BUSINESS PRACTICES TO ADDRESS THE NATION'S MOST PRESSING SECURITY CHALLENGES. 0 0 2655784 MEETINGS, PROGRAMS DEVELOPMENT, AND IMPLEMENTATION: BENS SERVES A PRIMARY CHANNEL FOR MEANINGFUL EXCHANGE BETWEEN SENIOR PRIVATE SECTOR EXECUTIVES AND NATIONAL SECURITY LEADERS. THROUGH SMALL, INTIMATE EVENTS AND SELF-FINANCED NATIONAL AND INTERNATIONAL TRAVEL, BENS PROVIDES A FORUM FOR PRIVATE SECTOR LEADERS TO LEARN ABOUT THE MAJOR ISSUES AFFECTING THE NATIONAL SECURITY COMMUNITY AND SHARE INSIGHTS AND BEST PRACTICES FROM INDUSTRY THAT COULD HELP ADDRESS THEIR CURRENT CHALLENGES. IN 2017, BENS HOSTED 129 EVENTS THROUGHOUT THE NATION AND TRAVELED TO 17 UNIQUE LOCATIONS IN THE U.S. AND AROUND THE WORLD TO OBSERVE KEY MILITARY AND SECURITY MISSIONS FIRSTHAND AND PARTICIPATE IN THOUGHTFUL DIALOGUE THAT STRENGTHEN U.S. SECURITY. 2049533 PROJECT DEVELOPMENT AND IMPLEMENTATION: IN EXECUTING OUR MISSION IN 2017, APPLYING BEST BUSINESS PRACTICES TO THE NATION'S MOST PRESSING SECURITY CHALLENGES, BENS PROJECTS AIMED TO STRENGTHEN PUBLIC-PRIVATE PARTNERSHIPS WITH RESPECT TO PUBLIC SAFETY, OFFER SUSTAINABLE APPROACHES FOR US AGENCIES' ARCTIC ISSUES, SUGGEST FRESH LOOKS AT DEFENSE ACQUISITION AND AUDIT PROCESSES, AND HELP SUPPORT THE DEPARTMENT OF DEFENSE REORGANIZATION AND REFORM EFFORTS. "DIVIDING OUSD (AT&L): CORPORATE REORGANIZATION KEYS FOR SUCCESS AND "PUBLIC-PRIVATE PARTNERSHIPS: INFORMATION SHARING IN THE DIGITAL AGE" WERE AMONG THE REPORTS DEVELOPED FOR GOVERNMENT PARTNERS. 4705317 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 22 0 1 45 1 0 0 0 0 0 1 1 0 0 0 0 X 43 43 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR CA CT FL GA HI IL KS KY MD MA MI MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI MN X X STEVEN W LOWE 2022962125 1030 15TH STREET SUITE 200E WASHINGTON DC 20005 NORMAN C CHAMBERS CHAIRMAN 2.00 X X 0 0 0 DENIS A BOVIN VICE CHAIR 0.20 X X 0 0 0 RAPHAEL BENAROYA VICE CHAIR 0.20 X X 0 0 0 ALFRED R BERKELEY BOARD MEMBER 0.20 X 0 0 0 BRUCE E MOSLER BOARD MEMBER 0.20 X 0 0 0 CHARLES E PHILLIPS JR BOARD MEMBER 0.20 X 0 0 0 CHRISTOPHER C MELTON SR BOARD MEMBER 0.20 X 0 0 0 CHRISTOPHER W COLLINS BOARD MEMBER 0.20 X 0 0 0 DONALD R DIXON BOARD MEMBER 0.20 X 0 0 0 EZRA S FIELD BOARD MEMBER 0.20 X 0 0 0 G S BECKWITH GILBERT BOARD MEMBER 0.20 X 0 0 0 HARRIS DIAMOND BOARD MEMBER 0.20 X 0 0 0 HOWARD E COX JR BOARD MEMBER 0.20 X 0 0 0 JOHN K HURLEY BOARD MEMBER 0.20 X 0 0 0 JOHN P MORGRIDGE BOARD MEMBER 0.20 X 0 0 0 JOSEPH M DEPINTO BOARD MEMBER 0.20 X 0 0 0 KENNETH FISHER BOARD MEMBER 0.20 X 0 0 0 MARK J GERENCSER BOARD MEMBER 0.20 X 0 0 0 MARK S NEWMAN BOARD MEMBER 0.20 X 0 0 0 MARY M BOIES BOARD MEMBER 0.20 X 0 0 0 MAURICE R GREENBERG BOARD MEMBER 0.20 X 0 0 0 MICHAEL P GALVIN BOARD MEMBER 0.20 X 0 0 0 PATRICIA C BARRON BOARD MEMBER 0.20 X 0 0 0 RAMON P MARKS BOARD MEMBER 0.20 X 0 0 0 RONALD J GIDWITZ BOARD MEMBER 0.20 X 0 0 0 STEPHEN J SHAPIRO BOARD MEMBER 0.20 X 0 0 0 STEVEN E DARNELL BOARD MEMBER 0.20 X 0 0 0 THOMAS J HIGGINS BOARD MEMBER 0.20 X 0 0 0 THOMAS M HOLDER BOARD MEMBER 0.20 X 0 0 0 WILLIAM F MURDY BOARD MEMBER 0.20 X 0 0 0 WILLIAM J FLYNN BOARD MEMBER 0.20 X 0 0 0 ROGER S SHEDLIN BOARD MEMBER 0.20 X 0 0 0 JAMES SHIRA BOARD MEMBER 0.20 X 0 0 0 FRANK V SICA BOARD MEMBER 0.20 X 0 0 0 DONALD V SMITH BOARD MEMBER 0.20 X 0 0 0 HEIDI L STEIGER BOARD MEMBER 0.20 X 0 0 0 THOMAS F STEPHENSON BOARD MEMBER 0.20 X 0 0 0 JOHN H STREICKER BOARD MEMBER 0.20 X 0 0 0 FRANCES F TOWNSEND BOARD MEMBER 0.20 X 0 0 0 EDWIN A WAHLEN JR BOARD MEMBER 0.20 X 0 0 0 BRUCE N WHITMAN BOARD MEMBER 0.20 X 0 0 0 MATTHEW E ZAMES BOARD MEMBER 0.20 X 0 0 0 PAUL MARCUS BOARD MEMBER 0.20 X 0 0 0 NORTON A SCHWARTZ PRESIDENT & CEO 40.00 X 490588 0 22786 GUY T COSENTINO COO AND SECRETARY 40.00 X 188110 0 15811 STEVEN W LOWE CFO AND TREASURER 40.00 X 134076 0 30187 DEBORAH MCCARTHY SVP MEMBERSHIP STRATEGY & ENGAGEMENT 40.00 X 137382 0 22632 KATHERINE KENNING DIRECTOR FOR CALIFORNIA 40.00 X 138096 0 17396 GENEVIEVE MOONIS SVP FOR MEMBERSHIP 40.00 X 130678 0 37230 VICTORIA MCGRATH DIR. FOR THE NY METRO AREA 40.00 X 123076 0 23026 CONRAD BUSCH DIRECTOR FOR THE SOUTHEAST 40.00 X 119941 0 8513 1461947 0 177581 13 0 1 0 0 1740725 5220194 193958 6960919 212423 212423 2444120 2179422 9004 264698 -9004 255694 255694 446875 1740725 480342 -33467 -33467 7395569 0 0 434650 881559 593481 106491 181587 2511209 2078017 160705 272487 73569 61488 3713 8368 382536 313781 20837 47918 225097 178187 17062 29848 19088 16095 1541 1452 67195 56657 5425 5113 52547 41597 3982 6968 63434 53486 5121 4827 500 500 273846 222915 21346 29585 5001 4138 396 467 536603 424775 40674 71154 115564 91927 8803 14834 456087 428858 11401 15828 11371 9001 862 1508 28634 22667 2170 3797 CREDIT CARD PROCESSING 56854 45005 4310 7539 DUES AND SUBSCRIPTIONS 40702 32220 3085 5397 REPAIRS & MAINTENANCE 31723 25112 2405 4206 MISCELLANEOUS 4201 3325 319 557 3265 2585 247 433 5840585 4705317 420895 714373 2528771 2137702 102250 605905 127324 278473 133135 150962 245356 231983 33748 13373 4342239 5637563 135995 155186 49364 49364 7452826 9028528 413248 479508 236870 35236 650118 514744 X 6802708 8513784 6802708 8513784 7452826 9028528 1554984 156092 0 X 0 1 X 1 0 X 5600036 5954293 6224198 6640162 6960919 31379608 5600036 5954293 6224198 6640162 6960919 31379608 31379608 123135 108915 135944 166116 212423 746533 20 3103 891 209 4223 32130364 0.97660 0.97750 X 142113 129504 12609 103243 102479 764 13373 DEFERRED RENT ABATEMENT 35236 35236 X 8041007 156092 489346 645438 7395569 0 7395569 6329931 489346 489346 5840585 0 5840585 PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2017, BENS HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED AS EXPENSE ON THE FINANCIAL 480,342. STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 8B. LOSS ON DISPOSAL OF FIXED ASSETS REPORTED AS EXPENSE ON 9,004. THE FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON PART VIII, LINE 7B. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED AS EXPENSE ON THE FINANCIAL 480,342. STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 8B. LOSS ON DISPOSAL OF FIXED ASSETS REPORTED AS EXPENSE ON 9,004. THE FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON PART VIII, LINE 7B. DC DINNER 918900 722925 195975 137841 32700 NY DINNER 1268700 1017800 250900 262066 47735 2187600 1740725 446875 399907 80435 480342 -33467 X X 0 0 0 0 0 0 0 1 0 NORTON A SCHWARTZ PRESIDENT & CEO 406588 0 84000 0 0 0 10800 0 11986 0 513374 0 0 0 GUY T COSENTINO COO AND SECRETARY 180510 0 7600 0 0 0 7511 0 8300 0 203921 0 0 0 STEVEN W LOWE CFO AND TREASURER 127576 0 6500 0 0 0 5397 0 24790 0 164263 0 0 0 DEBORAH MCCARTHY SVP MEMBERSHIP STRATEGY & ENGAGEMENT 130582 0 6800 0 0 0 0 0 22632 0 160014 0 0 0 KATHERINE KENNING DIRECTOR FOR CALIFORNIA 135396 0 2700 0 0 0 5321 0 12075 0 155492 0 0 0 GENEVIEVE MOONIS SVP FOR MEMBERSHIP 123878 0 6800 0 0 0 5879 0 31351 0 167908 0 0 0 PART I, LINE 7 THE FOLLOWING INDIVIDUALS RECEIVED BONUS COMPENSATION: NORTON SCHWARTZ 84,000 GUY T. COSTINO 7,600 STEVEN LOWE 6,500 VICTORIA MCGRATH 2,400 GENEVIEVE MOONIS 6,800 KATERINE KENNING 2,700 DEBORAH MCCARTHY 6,800 X 10 115934 FMV X EVENT COSTS 12 78024 RECEIPT VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS HAVE BEEN REPORTED ON PART I, COLUMN (B). FORM 990 - AMENDED RETURN: THIS RETURN IS BEING AMENDED TO ADD A BOARD MEMBER TO PART VII WHO WAS INADVERTENTLY OMITTED FROM THE ORIGINALLY FILED RETURN. PART VI, LINES 1A AND 1B HAVE ALSO BEEN UPDATED ACCORDINGLY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE CFO, CEO, COO, OUTSIDE LEGAL COUNSEL, RMTG (CPA), AND WITH THE AUDIT COMMITTEE. A FINAL COPY OF THE 990 WAS SENT TO THE ENTIRE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST POLICY IS REVIEWED AND FOLLOWED BY ALL DIRECTORS, EMPLOYEES, AND OFFICERS. UNDER THE CONFLICT OF INTEREST RULES DESCRIBED IN THE BENS BYLAWS AND IN ITS EMPLOYEE HANDBOOK, AFFECTED PERSONS ARE REQUIRED TO AFFIRMATIVELY DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO A CONFLICT, NOT JUST ANNUALLY, BUT AT THE VERY TIME THE PERSON BECOMES AWARE THAT A POTENTIAL CONFLICT ARISES. ALL DIRECTORS ARE REMINDED OF THE ORGANIZATION'S CONFLICT OF INTEREST AT EACH MEETING OF THE BOARD. IN ADDITION, BEFORE ANY PROJECT IS UNDERTAKEN WITH U.S. GOVERNMENT PARTNERS, BENS MEMBERS AND STAFF WORKING ON THE PROJECT ARE REMINDED IN WRITING OF THE BENS CONFLICT OF INTEREST REQUIREMENTS. SENIOR BENS STAFF REGULARLY MONITOR PROJECTS AND ACTIVITIES TO HELP FURTHER AVOID ANY POTENTIAL CONFLICT OF INTEREST SITUATIONS. THE SECRETARY OF THE BENS BOARD OF DIRECTORS RECEIVES REPORTS OF POTENTIAL CONFLICTS OF INTEREST AND, AFTER REVIEWING AND CONSULTING WITH THE CHAIR OF THE GOVERNANCE COMMITTEE, DETERMINES APPROPRIATE ACTION. ALL BOARD MEMBERS AND STAFF SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE, WHOSE MEMBERS ARE CURRENT OR RETIRED SENIOR BUSINESS EXECUTIVES WHO SIT ON NUMEROUS NONPROFIT BOARDS, DETERMINES THE INITIAL SALARY AND ANY RAISES OR BONUSES FOR THE CEO. THIS DETERMINATION INCLUDES USE OF COMPARABLE SALARY AND DECISIONS ARE DOCUMENTED IN THE EXECUTIVE COMMITTEE MEETING MINUTES. THE LAST COMPENSATION REVIEW OF THE CEO TOOK PLACE IN JANUARY 2018. THE CFO/TREASURER MAINTAINS A VARIETY OF NONPROFIT SALARY SURVEYS (INCLUDING ASAE), WHICH ARE USED BY THE CEO AND COO IN DETERMINING STAFF SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS (INCLUDING DISCLOSURE OF CONFLICTS OF INTEREST - ARTICLE 3, SECTION 16), DONOR PRIVACY POLICY, AND FINANCIAL STATEMENTS ARE POSTED ON THE BENS WEBSITE (WWW.BENS.ORG). FORM 990, PART VI, SECTION C, LINE 18: THE ORGANIZATION POSTS ITS FORM 990 AND AUDITED FINANCIAL STATEMENTS ON THE BENS WEBSITE.