2016-05-09T12:08:40-07:00 2015-12-31 Jump Perry and Company LLP 12 Lexington Avenue Toms River NJ 087537545 990 2015-01-01 136271591 LICENSING EXECUTIVES SOCIETY USA & CANADA INC LICE 7038363106 1800 DIAGONAL ROAD ALEXANDRIA VA 22314 KEVIN ARST Treasurer 2016-05-09 true DONALD E JUMP CPA P00740034 7322407377 2015 2016-09-27 15:27:22Z 3519543 false 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. 23 23 1 0 0 3562202 3423800 147988 16476 51887 79267 3762077 3519543 0 0 506879 131182 0 0 4085288 3316998 4592167 3448180 -830090 71363 2095652 1892956 1347267 1073208 748385 819748 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 MEETINGS CONDUCTED TO EXCHANGE INFORMATION AMONG MEMBERS. EDUCATION SEMINARS HELD TO INCREASE ATTENDEES KNOWLEDGE OF INTELLECTUAL PROPERTY AND TECHNOLOGY TRANSFER FIELDS. PUBLICATION OF A QUARTERLY JOURNAL AND OTHER MATERIALS DEALING WITH INTELLECTUAL PROPERTY AND TECHNOLOGY TRANSFER. false false false false true false false false false false true false false true true true false 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 false true true false false false true 20 0 true 1 true false false true OC false false false false false false false false false X 23 23 false true false false true true false true true false true true true true true true true true true false false X MICHAEL DWYER 8564390500 1120 ROUTE 73 SUITE 200 MOUNT LAUREL NJ 08054 PAMELA DEMAIN PAST PRESIDENT 5.00 0.00 X X 0 0 0 TOM FILARSKI COUNSEL 5.00 0.00 X 0 0 0 JEFF WHITTLE President 5.00 0.00 X X 0 0 0 PAUL ROBERTS VP PLANNING 5.00 0.00 X 0 0 0 KEVIN ARST Treasurer 5.00 0.00 X X 0 0 0 BRIAN O'SHAUGHNESSY PRESIDENT ELECT 5.00 0.00 X X 0 0 0 PANAGIOTA KOUTSOGIANNIS RVP CANADA 5.00 0.00 X 0 0 0 ART ROSE Secretary 5.00 0.00 X X 0 0 0 BILL ELKINGTON REGIONAL VP 5.00 0.00 X 0 0 0 ROBERT HELD VP EDUCATION 5.00 0.00 X 0 0 0 GAURI PRAKASH-CANJELS ASSIST. TREAS. 5.00 0.00 X X 0 0 0 HILTON SUE VP CHAPTERS 5.00 0.00 X 0 0 0 STASIA OGDEN VP DESIGN 5.00 0.00 X 0 0 0 NED BARLAS VP INT'L 5.00 0.00 X 0 0 0 DON DRINKWATER Trustee 5.00 0.00 X 0 0 0 JACK TUPMAN Trustee 5.00 0.00 X 0 0 0 GARY FEDOROCHKO Trustee 5.00 0.00 X 0 0 0 SUSAN STODDARD Trustee 5.00 0.00 X 0 0 0 LESLEY STOLZ Trustee 5.00 0.00 X 0 0 0 RACHEL KREPPEL Trustee 5.00 0.00 X 0 0 0 RICH BAKER Trustee 5.00 0.00 X 0 0 0 IDA SHUM Trustee 5.00 0.00 X 0 0 0 KEN SCHOPPMAN Executive Dir. 50.00 0.00 X 107648 0 0 107648 1 false false false NEW YORK MARRIOTT MARQUIS PO BOX 403003 ATLANTA GA 303843003 FOOD & BEVERAGE 832279 ASSOCIATION HEADQUARTERS 1120 ROUTE 73 SUITE 200 MOUNT LAUREL NJ 08054 MGMT OF ASSOCIATION 1010755 HILTON LA JOLLA TORREY PINES 10950 N TORREY PINES LA JOLLA CA 92037 FOOD & BEVERAGE 118987 LESI 1100 JOHNSON FERRY RD BLDG1 STE300 ATLANTA GA 30342 MEMBERSHIP DUES 213696 4 0 EDUCATION PROGRAMS 900099 116690 116690 MEETINGS AND CONFERENCES 900099 2268788 2268788 MEMBERSHIP DUES 900099 1038322 1038322 3423800 16476 16476 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 79267 79267 79267 3519543 3519543 0 0 0 0 107648 0 0 1374 15000 7160 825000 6690 32729 0 0 0 9079 33009 1597 0 0 82262 0 0 1602692 0 0 32434 8219 Annual Dues to LESI 213696 EQUIPMENT MAINTENANCE 80315 IP100 72052 LES VIEWPOINTS 63769 253455 3448180 0 0 0 201975 1239955 0 0 27445 37730 0 0 125000 117212 0 38323 49157 286871 92883 231177 193988 1191856 0 0 0 0 279876 254914 2095652 1892956 498907 101954 822762 958910 25598 12344 1347267 1073208 X 748385 819748 748385 819748 2095652 1892956 71363 X false true X true false false false true false 214050 28873 185177 30766 30766 42055 33244 8811 193988 ACCRUED INTEREST ON LOAN RECEIVABLE 3723 DEPOSIT 9867 DUE FROM CLP 241324 254914 DUE TO LES FOUNDATION 4121 OTHER LIABILITIES 8223 12344 X Part X : FIN48 Footnote For the year ended December 31, 2015, the Organizations have documented their consideration of FASB ASC 740-10, Income Taxes, that provides guidance for reporting uncertainty in income taxes and have determined that no material uncertain tax positions qualify for either recognition or disclosure in the combined financial statements.The Federal Form 990, Return of Organization Exempt from Income Tax, is subject to examination by the Internal Revenue Service, generally for three years after it is filed. Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: RESEARCH PROJECTS FUNDED TO ENHANCE THE LICENSING FIELD THROUGH BOARD-DESIGNATED PROJECTS 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. IT WAS THEN SENT TO ALL BOARD MEMBERS BEFORE FILING. 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 15a: Compensation Review & Approval Process - CEO, Top Management DURING THE DECEMBER EXECUTIVE COMMITTEE CONFERENCE CALL, THE COMMITTEE MEETS IN EXECUTIVE SESSION TO REVIEW THE EXECUTIVE DIRECTOR'S PERFORMANCE AND SET COMPENSATION FOR THE COMING YEAR. THE COMMITTEE IS PROVIDED WITH COMPARABLE DATA FROM THE ASAE COMPENSATION AND BENEFITS SURVEY FOR ORGANIZATIONS OF SIMILIAR SIZE AND SCOPE. THE COMMITTEE'S DECISION IS THEN COMMUNICATED BY THE PRESIDENT TO THE EXECUTIVE DIRECTOR EITHER BY PHONE OR EMAIL. CHANGES ARE IMPLEMENTED WITH THE OTHER STAFF SALARY AND COMPENSATION LEVELS BEGINNING IN JANUARY. A GENERAL SUMMARY OF THE COMMITTEE'S DECISIONS IS INCLUDED IN THE MINUTES OF THE EXECUTIVE COMMITTEE MEETING. THE LAST COMPENSATION REVIEW FOR THE EXECUTIVE DIRECTOR TOOK PLACE IN NOVEMBER 2013. 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 TEH PUBLIC BY CONTACTING THE LES OFFICE. LICENSING EXECUTIVE SOCIETY FOUNDATION 1800 DIAGONAL ROAD SUITE 440 ALEXANDRIA VA 22314 542016338 STUDENT BUSINESS COMPETITION VA 501C3 LES true false true false false false false false false false false false false false true true false true false false LICENSING EXECUTIVE SOCIETY FOUNDATION b 23000 CASH