2016-08-15T16:17:15-05:00 2015-09-30 840702965 WhippleWood CPAs PC 11852 Shaffer Dr Bldg B Littleton CO 80127 990 2014-10-01 742338444 Society for Mining Metallurgy and Exploration Inc SOCI 3039484200 12999 E Adam Aircraft Circle Englewood CO 801124167 David L Kanagy Executive Director 3039484200 2016-08-15 1 Richard J Whipple Jr CPA P00102771 3039897600 2016-08-15 2014 2016-12-15 16:53:06Z David L Kanagy 12999 E Adam Aircraft Circle Englewood CO 801124167 12285632 0 X www.smenet.org X 1871 CO To assist in the dissemination of scientific, educational and technical materials. 10 10 61 12 1489516 0 999330 382581 8354800 8464873 1559376 748293 2301293 2153782 13214799 11749529 698626 1170577 0 0 4257372 4437483 0 0 313308 5811827 6058509 10767825 11666569 2446974 82960 28688333 27380932 3982939 4880012 24705394 22500920 To assist in the dissemination of scientific, educational and technical materials. 0 0 8070188 1072984 9036308 Publication: Includes technical books, journals, reprints, and monographs. Meetings: Includes technical sessions, education and symposia. Member services: Includes services to members, mining industry and educational institutions. 125296 97593 WAAIME Scholorships: provides scholarships to students pursuing earth science degrees including mining, geological sciences, metallurgy, petroleum, mineral sciences, materials science and engineering, mineral economics, chemical engineering and other related studies. 8195484 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 61 1 1 1 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 X Michael Hedges 3039484200 12999 E Adam Aircraft Circle Englewood CO 801124167 J Steven Gardner President 2.00 X X 0 0 0 Mary B Korpi At Large Trustee 2.00 X 0 0 0 Steven C Holmes At Large Trustee 2.00 X 0 0 0 Ross Bhapu At Large Trustee 2.00 X 0 0 0 John Wiebmer At Large Trustee 2.00 X 0 0 0 William W Ederton At Large Trustee 2.00 X 0 0 0 William A Warfield At Large Trustee 2.00 X 0 0 0 John O Marsden Past President 2.00 X X 0 0 0 Timothy D Arnold President-Elect 2.00 X X 0 0 0 David L Kanagy Executive Director-Sec/Tre 40.00 3.00 X 537447 0 23913 Michael Hedges Deputy Executive Director 40.00 X 224806 0 24333 John Hayden Deputy Executive Director 40.00 X 209782 0 28221 Tim Reagan Director of Operations 40.00 X 158898 0 17548 Paul Hoiberg IS Manager 40.00 X 117568 0 26110 Sharon Schonhaut Foundation Director 40.00 X 113839 0 11620 Chris Buck Webmaster 40.00 X 102883 0 25137 Carol Cudworth Meetings Manager 40.00 X 100069 0 19704 1565292 0 176586 8 0 1 0 Cummings Printing Co 4 Peters Brook Drive Hooksett NH 031066495 Commerical Printing 500045 Marriott PO Box 403003 Atlanta GA 303843003 Conference Hotel 469830 Freeman PO Box 650519 Dallas TX 752650519 Conference Audio Visual 215820 Utah Food Service 100 South West Temple Salt Lake City UT 84101 Conference Catering 213666 Personify PO Box 759470 Baltimore MD 212759470 Software Development 191135 9 382581 382581 Exhibits & Sales 900099 3515767 3515767 Registrations & Entrance Fees 900099 2501872 2501872 Membership Dues 900099 1581643 1581643 Section Events 900099 741570 741570 Misc. Program Revenue 900099 124021 124021 8464873 768299 768299 91223 91223 191273 211279 -20006 -20006 -20006 1608 0 1608 1608 896259 324824 571435 571435 Advertising 541800 1489516 1489516 1489516 11749529 9036308 1489516 841124 660776 660776 438112 438112 71689 71689 1131024 757786 339307 33931 2439920 1634746 731976 73198 193848 129878 58154 5816 434061 290821 130219 13021 238630 159882 71589 7159 30710 20576 9213 921 24700 24700 190931 127924 57279 5728 377196 252721 113159 11316 408325 273578 122497 12250 103609 69418 31083 3108 433603 290514 130081 13008 1604690 1075142 481407 48141 203286 136201 60986 6099 49849 33399 14955 1495 Section Events & Meetin 1146946 768454 344084 34408 Publications & Printing 843057 564848 252917 25292 Bank Fees 174084 116636 52225 5223 Memberships & Subscript 164506 110219 49352 4935 303017 212164 82594 8259 11666569 8195484 3157777 313308 3868771 1649240 1074812 1354782 888285 907611 164957 1093347 4549982 1311487 3579317 3238495 18864446 18861754 247745 275703 28688333 27380932 779832 1256974 3203107 3623038 3982939 4880012 X 15650548 13649886 6561978 6358166 2492868 2492868 24705394 22500920 28688333 27380932 82960 -753470 -1533965 0 X X 0 1 X 1 0 X 3426674 1577929 1005825 999330 382581 7392339 4845583 5798212 9086950 9296471 9361132 38388348 8272257 7376141 10092775 10295801 9743713 45780687 0 202 202 202 202 45780485 555830 523490 646071 737746 859522 3322659 555830 523490 646071 737746 859522 3322659 249012 19582 1608 270202 9077099 7899631 10738846 11053129 10604843 49373548 0.92720 0.92630 0.06730 0.06210 X 2492868 7685 7685 2492868 2492868 386983 386983 2492868 2492868 366886 366886 2492868 2492868 406500 406500 2482868 0 0 300000 300000 2200000 270417 1929583 953977 111668 842309 1096005 929402 166603 3238495 X Part X, Line 2: SME has adopted accounting guidance related to uncertainty in income taxes. After evaluating the tax positions taken, management of SME has determined no amounts are required to be recognized as of September 30, 2015 or 2014. With few exceptions, income tax years before 2012 are no longer subject to examination by federal, state, or local taxing authorities. 0 North America 0 0 Grants to recipients located in region 49468 South America 0 0 22221 0 0 0 0 0 0 71689 0 71689 North America Support for Global Mining Standards and Guidelines Group (GMSG) 22176 Cash/EFT 1 0 Scholarships North America 23 22221 Cash Payment/Electronic Fund or Wire Transfer Scholarships South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 28 27292 0 0 0 0 0 0 Part I, Line 2: The Society of Mining, Metallurgy and Exploration (SME) grants funds to foreign organizations that promote SME's exempt purposes globally. Feedback is required as to how grant funds were used. Part I, line 3: The organization tracks foreign grant expenditures in accordance with the accrual basis of accounting, using expense reports, grant feedback, and other appropriate documentation. 1 SME Foundation 12999 E Adam Aircraft Circle Englewood CO 80112 841175450 501(c)(3) 500000 Fund the development of Boy Scout mining merit badge Engineering Education Foundation Inc 9 Greenough Street Brookline MA 02445 237034671 501(c)(3) 7500 Sponsor Engineering Exposition Scholarships 240 438112 Part I, Line 2: The Society for Mining, Metallurgy, and Exploration awards scholarships for tuition/room & board based on scholastic ability and financial need. Applicants are required to complete a formal application, which is then reviewed by SME personnel to determine if the individual meets documented grant requirements. Disbursal reports are completed when grant funds are sent either directly to the grant recipient or the recipients educational institution. Grants are also made to domestic organizations that further the exempt activities of SME. Feedback is required as to how grant funds were used. X X X X X X 0 0 0 0 0 1 0 1 0 David L Kanagy Executive Director-Sec/Tre 320188 0 215158 0 2101 0 18200 0 5713 0 561360 0 0 0 Michael Hedges Deputy Executive Director 205216 0 17000 0 2590 0 14365 0 9968 0 249139 0 0 0 John Hayden Deputy Executive Director 193368 0 16000 0 414 0 13676 0 14545 0 238003 0 0 0 Tim Reagan Director of Operations 146484 0 12000 0 414 0 10254 0 7294 0 176446 0 0 0 Part I, Line 3 Compensation offered to the organization's Executive Director is established by an independent, third party compensation consultant. This consultant conducts a study of similar organizations, in similar industries, when determining appropriate salary and benefits for the position. Independent members of the board discuss and approve the compensation package, and a written employment contract is put in place. Part I, Line 5 Staff bonuses are paid based on a formula contingent on the organization having an operational surpus. Part I, Line 6 Staff bonuses are paid based on a formula contingent on the organization having an operational surpus. Part I, Line 7 Executive Director bonus is paid at the discretion of the Board of Directors. Form 990, Part VI, Section B, line 11 Form 990 is prepared by an independent CPA firm and is reviewed by the organization's Director of Finance and Accounting Manager. The 990 is then reviewed by the organization's board of directors prior to being filed with the IRS. Form 990, Part VI, Section B, line 12c Board members receive a copy of the organizations a conflict of interest policy as part of their board introduction packet, and disclose potential conflicts of interest upon joining the board. Any conflicts thereafter are disclosed as they become known. Board members lacking independence on an issue withdraw themselves from the decision making process. Form 990, Part VI, Section B, line 15 Compensation offered to the organization's Executive Director is established by an independent, third party compensation consultant. This consultant conducts a study of similar organizations, in similar industries, when determining appropriate salary and benefits for the position. Independent members of the board discuss and approve the compensation package, and a written employment contract is put in place. This process takes place on an annual basis. The Board of Directors entrusts the Executive Director with determining compensation for other officers of the organization. Compensation of officers is based off of comparability studies of similar positions within the engineering industry. This process also takes place on an annual basis. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XII, Line 2c: The audit commitee of the board of directors is responsible for overseeing the audit and selecting the independent accounting firm used. This process has not changed from the previous year.