2015-11-04T15:12:22-06:00 2014-12-31 SMITH & HOWARD PC 271 17TH STREET SUITE 1600 ATLANTA GA 30363 990 2014-01-01 541714316 CALL2RECYCLE INC % GREG BROE CALL 6784199990 1000 PARKWOOD CIRCLE STE 200 ATLANTA GA 303392306 GREG BROE VP of Finance & Administration 6784199990 2015-11-15 true MARC AZAR P00746804 4048746244 2015-11-15 2014 2016-04-25 22:37:26Z GREG BROE 1000 PARKWOOD CIRCLE STE 200 ATLANTA GA 303392306 21490144 false X WWW.CALL2RECYCLE.ORG X 1994 DE On behalf of corporate stewards, we optimize collection, share our experience and expertise, and responsibly manage the end-of-life of batteries and other material. 9 6 29 0 0 0 0 11160155 10327428 1493378 1371375 0 0 12653533 11698803 703336 363410 0 0 3266187 3272292 0 0 0 7521530 7663883 11491053 11299585 1162480 399218 29229413 28407834 8089753 7329446 21139660 21078388 X On behalf of corporate stewards, we optimize collection, share our experience and expertise, and responsibly manage the end-of-life of batteries and other material. true false 562000 6004694 8247821 Rechargeable battery collection and recycling program for household and commercially used batteries. Represents the cost of freight and fulfillment, collection containers, consolidation, sorting and recycling. 562000 1410716 1937706 Call2Recycle, Inc. conducts a national public education campaign to generate awareness and enlist support of the Call2Recycle program that includes public service announcements and national advertising. Call2Recycle, Inc. encourages consumers to look for the EPA certified Call2Recycle, Inc. battery recycling seal when purchasing rechargeable batteries and battery-powered products. 900099 103308 141901 The organization facilitates rechargeable battery and product marketers' compliance with the requirements of state and federal laws for labeling, collection, storage, transportation and recycling of rechargeable batteries. 363410 363410 Intercompany Transfer to CALL2RECYCLE Canada, INC. 363410 363410 7882128 false false false false false false false false false true true false false true true false true false false true true false false false false false false false true false false false false false true false false false false false false true true false false true 7 0 true 29 true false true CA false false false false false false false false X 9 6 false false false false true true true true true false false true true true true false true true false false GA X GREG BROE 6784199995 1000 PARKWOOD CIRCLE SUITE 200 ATLANTA GA 303392306 X Roger Dower Board Member 1.0 0.0 X 10000 0 0 Charlie Monahan del of Panasonic) Board Member 1.0 5.0 X 0 0 0 Chip Wildes del of Saft Board Member 1.0 0.0 X 0 0 0 Andy Sirjord del of Sanyo Chairman 1.0 1.0 X 0 0 0 Doug Smith del of Sony Board Member 1.0 1.0 X 0 0 0 James Bremner del of Varta Board Member 1.0 0.0 X 0 0 0 David Thompson del of Panasonic) Share Member 1.0 0.0 X 0 0 0 Tom Alcide del of Saft Share Member 1.0 0.0 X 0 0 0 Tom Brison del of SONY Share Member 1.0 0.0 X 0 0 0 Linda Biagioni Board Member 1.0 0.0 X 10000 0 0 John Bradford Board Member 1.0 0.0 X 10000 0 0 John Matthews Board Member 1.0 0.0 X 10000 0 0 Carl Smith President/CEO 40.0 0.0 X 280280 0 35966 Greg Broe VP of Finance 40.0 0.0 X 177121 0 31836 Linda Gabor VP Marketing & Customer Servic 40.0 0.0 X 161893 0 16417 Steve O'Brien Operations Director 40.0 0.0 X 155661 0 14862 David Ainsley IT Director 40.0 0.0 X 136907 0 30300 Todd Ellis Director, Stewardship Pgms. 40.0 0.0 X 132814 0 34248 Tim Warren Account Manager 40.0 0.0 X 122207 0 28173 Eric Dennis Director, Marketing and Innova 40.0 0.0 X 114792 0 29451 Jennifer Childress Director, Marketing 40.0 0.0 X 117008 0 28534 1438683 0 249787 12 false true false United Parcel Service PO Box 7247 PHILADELPHIA PA 19170 Freight 2525527 Addian Inc 1608 Grandwood Knoll ACWORTH GA 30101 Fulfillment 652757 WESTRON GREENTECH CORP 2101 COUCH DRIVE MCKINNEY TX 75069 SORTING 271683 WILEY REIN LLP 1776 K STREET NW WASHINGTON DC 20006 LEGAL SERVICES 251034 FEDEX PO BOX 660481 DALLAS TX 75266 FREIGHT 191174 5 X 0 LICENSE FEE REVENUE 900099 7809787 7809787 RECOVERED METAL PROCEEDS 900099 1535134 1535134 CELL PHONES PROCEEDS 423000 982507 982507 10327428 802601 802601 0 0 0 0 0 10360115 9791341 568774 568774 568774 0 0 0 0 11698803 11130029 568774 0 0 363410 363410 0 919669 669168 250501 0 1676950 773677 903273 0 85268 63530 21738 419842 304308 115534 170563 134156 36407 0 238430 19198 219232 26892 1692 25200 0 0 185275 185275 759310 86621 672689 728964 720304 8660 459428 37171 422257 0 0 255273 255273 266341 151217 115124 0 20860 2666 18194 0 0 92863 8320 84543 112971 29414 83557 COLLECTION AND RECYCLING 4517276 4517276 11299585 7882128 3417457 0 X 149410 433312 0 0 0 0 2675955 3091008 0 0 0 0 0 0 0 0 403196 504029 1642614 1431412 212713 211202 25408153 21521733 71749 2090646 0 0 0 0 308237 555904 29229413 28407834 1032397 961991 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7057356 6367455 8089753 7329446 X 21136660 21078388 0 0 0 0 21139660 21078388 29229413 28407834 399218 -460490 X false true X true false 1642614 1431412 211202 211202 HEDGE FUND INVESTMENTS 2090646 F 2090646 0 UNEARNED REVENUE 6367455 6367455 X 17900127 -460490 6847089 6386599 11513528 185275 185275 11698803 17900511 7149611 7149611 10750900 185275 363410 548685 11299585 Part X, Line 2 ACS 740 DISCLOSURE: CALL2RECYCLE, INC. is exempt from federal income tax under Section 501(c)(4) of the Internal Revenue Code. Therefore, the accompanying consolidated and combined financial statements do not include a provision or liability for income taxes. The Company annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Company takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. The Company believes it is no longer subject to tax examinations for tax years ending before December 31, 2011. Part XI, Line 2D Other Revenue reported on books not on return: Revenue from foreign subsidiary included in parent consolidated financials but not included in 990: $6,847,089. Part XII, Line 2D Other Expenses reported on books not on return: Expense from foreign subsidiary included in parent consolidated Financials but not included in 990: $7,149,611. Part XII, Line 4B Other Expenses reported on 990 but not on books: Intercompany grants netted in operations for Consolidated Financials but not for 990 purposes: $363,410. true North America 2 7 Grantmaking 363410 2 7 2 7 363410 363410 North America INTERCOMPANY FEES 363410 WIRE 1 true false true true false false CALL2RECYCLE CANADA, INC. CALL2RECYCLE CANADA, INC. is a subsidiary of CALL2RECYCLE, INC. and operates a battery and cell phone collection, recycling and public education program in Canada. The Canada office is located in Toronto. CALL2RECYCLE, INC. pays CALL2RECYCLE CANADA, INC. a service fee for the "Battery Recycling Program Services in Canada", these services include, marketing, Recycling and administrative services. Foreign Forms 926 CALL2RECYCLE, INC. is exempt from filing Form 926 under section 367(a). 3(b) The U.S. transferor owned 5% or more of the total voting power or the total value of the transferee foreign corporation immediately after the transfer and The U.S. transferor is a tax-exempt entity and the income was not unrelated business income. Foreign Forms 8621 LB DIVERSIFIED ARBITRAGE FUND (SPV) LLC HAS INVESTED INDIRECTLY IN FOREIGN PASSIVE INVESTMENT COMPANIES ("PFICS") THROUGH ITS INVESTMENT IN VARIOUS U.S. PARTNERSHIPS ("THE UNDERLYING FUNDS"). THE UNDERLYING FUNDS HAVE MADE A TIMELY QUALIFIED ELECTING FUND ("QEF") ELECTION WITH RESPECT TO ITS INVESTMENTS IN PFICS, EFFECTIVE FOR EACH YEAR OF OWNERSHIP,AND HAVE FILED THE REQUIRED FORMS 8621. EACH PFIC WAS ACQUIRED FOR CASH. AS THE FIRST U.S SHAREHOLDER THAT HAS MADE A QEF ELECTION FOR A PFIC, THE FUND IS REQUIRED TO INCLUDE INCOME CURRENTLY UNDER IRC SECTION 1293 AND TO FILE FORM 8621. YOUR DISTRIBUTIVE SHARE OF SUCH AMOUNT, IF ANY, HAS BEEN INCLUDED IN YOUR SCHEDULE K-1. AS A PARTNER IN A U.S. PARTNERSHIP THAT HAS MADE THE QEF ELECTION AND FILED FORM 8621, YOUR DISTRIBUTIVE SHARE OF THIS INCOME IS NOT REQUIRED TO BE FURTHER REPORTED ON AN ADDITIONAL FORM 8621 . THE IRS HAS CLARIFIED INFORMALLY THAT NO ADDITIONAL FORM 8621 REPORTING IS NECESSARY UNDER THESE CIRCUMSTANCES AND INTENDS TO REVISE THE INSTRUCTIONS TO THE FORM 8621. THEREFORE, THE FUND AND THE UNDERLYING FUNDS HAVE NOT PROVIDED FORM 8621 OR THE INFORMATION NECESSARY TO PREPARE FORM 8621 TO ITS PARTNERS. X X X X false false false false false false false true false Carl Smith President/CEO 240902 0 39378 0 0 0 12045 0 25351 0 317676 0 0 0 Greg Broe VP of Finance 158308 0 18813 0 0 0 7915 0 25464 0 210500 0 0 0 Linda Gabor VP Marketing & Customer Servic 146323 0 15570 0 0 0 7317 0 10450 0 179660 0 0 0 Steve O'Brien Operations Director 144286 0 11375 0 0 0 7214 0 8957 0 171832 0 0 0 David Ainsley IT Director 127572 0 9335 0 0 0 6379 0 25227 0 168513 0 0 0 Todd Ellis Director, Stewardship Pgms. 117939 0 14875 0 0 0 5897 0 29490 0 168201 0 0 0 Tim Warren Account Manager 112298 0 9909 0 0 0 5615 0 23744 0 151566 0 0 0 Non-fixed Payments Bonuses are provided to certain employees, excluding the officers and CEO, based on individual performance goals with a maximum of 10% of total base salary. Officer and CEO's bonus is also based on individual performance goals with a maximum of 15% and 20% of total base salary, respectively. See Schedule O Part VI, Line 15A for more details on CEO Bonus determination. CEO Compensation See Schedule O Part VI #15A for more detail. CHARLIE MONAHAN DEL OF PANASONIC BOARD MEMBER / COMPANY LICENSE FEE PAYMENT TO C2R CHIP WILDES DEL OF SAFT BOARD MEMBER / COMPANY LICENSE FEE PAYMENT TO C2R ANDY SIRJORD DEL OF SANYO BOARD MEMBER / COMPANY LICENSE FEE PAYMENT TO C2R DOUG SMITH DEL OF SONY BOARD MEMBER / COMPANY LICENSE FEE PAYMENT TO C2R JAMES BREMNER DEL OF VARTA BOARD MEMBER / COMPANY LICENSE FEE PAYMENT TO C2R DAVID THOMPSON DEL OF PANASONIC SHARE MEMBER / COMPANY LICENSE FEE PAYMENT TO C2R TOM ALCIDE DEL OF SAFT SHARE MEMBER / COMPANY LICENSE FEE PAYMENT TO C2R TIM BRISON DEL OF SONY SHARE MEMBER / COMPANY LICENSE FEE PAYMENT TO C2R TOTAL LICENSE FEE PAYMENT TO C2R 1846465 DETAIL AVAILABLE UPON REQUEST Schedule L Part IV Call2Recycle, Inc. enters into a license agreement with each of its participating manufacturers. The Call2Recycle, Inc. fees are computed on the basis of volume, sold into the market. The Call2Recycle, Inc. fee arrangement is identical for each participating manufacturer (both members and nonmembers) and Call2Recycle, Inc. does not discriminate against or favor any manufacturer over another, including its member manufacturers, either in form or in practice. The annual amount of a manufacturer's license fee reflects that manufacturer's annual sales of the underlying batteries. Since the manufacturers generally prefer to keep that information confidential, the Call2Recycle, Inc. license agreements include a confidentiality provision. For this reason, Call2Recycle, Inc. has not provided the "amount of transaction" in Column (c), Part IV, of Schedule L, Transactions with interested persons". Rather, Call2Recycle, Inc. has reported the total amount of the recycling fees that it received from its five members in the aggregate. If the Internal Revenue Service determines that Call2Recycle, Inc.'s disclosure is not sufficient, however, Call2Recycle, Inc. will provide the information to the IRS upon request. Part III #4d Intercompany transfer to CALL2RECYCLE Canada, INC. for the operation of Canadian program operations. Part III #2 On February 19, 2014, ReturnMeds LLC, a wholly owned subsidiary of Call2Recycle, Inc., was formed as a non-profit public service corporation and was organized to dispose of prescription and nonprescription medications. Call2Recycle, Inc., Call2Recycle Canada, Inc., and ReturnMeds LLC, are collectively referred to as the Company. The activity related to ReturnMeds LLC was not significant to the consolidated and combined financial statements. combined financial statements. combined financial statements. Part VI #6, 7a, & 7b Call2Recycle, Inc. is a members organization. Current members of the organization are Panasonic, Saft, Sanyo, Sony and Varta. These members each appoint one individual to the board of directors. Per the By-laws, certain decisions of the board require a vote by all directors. Decisions on certain matters require a vote by the members. Part VI #11 The Call2Recycle, Inc. finance committee reviews Form 990 draft. The approved copy is then submitted and sent to all other voting members and then submitted to the IRS. Part VI #12c Process of monitoring and enforcing conflict of interest policy 1. Procedures A. Duty to disclose - In connection with any actual or possible conflict of interest, and interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with board of directors delegated powers considering the proposed transaction or arrangement. B. Determining whether a conflict of interest exists - after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board of directors or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. C. Procedures for addressing the conflict of interest I. An interested person may make a presentation at the board of directors or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. II. The chairperson of the board of directors or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. III. After exercising due diligence, the board of directors or committee shall determine whether the Corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. IV. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board of directors or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. Part VI #15a The process for determining the CEO's salary is based on pre-established criteria and on the recommendations of the compensation committee as to whether the criteria is met. CEO compensation is based on research, by the board compensation committee, salaries paid by comparable organizations to officers with comparable responsibilities, based on analysis of form 990S and other resources. Up to 20% of compensation is awardable as a bonus based on criteria established annually. For 2013-2014 those criteria include: 1. Strengthen the Base Battery Collection and Recycling Business Both by Improving Customer Service and Better Communicating and Demonstrating Our Value Proposition with Current and Prospective Licensees (40%). 2. Expand Call2Recycle, Inc., into Adjacent Markets and Explore Establishing at Least One New Market (40%). 3. Work with the Governance Committee to Develop and Gain Approval by the Call2Recycle, Inc., Board of Directors of a Succession Plan for the CEO and Other Senior Management as Appropriate (20%). their contributions are supporting this direction. Part VI #19 Governing documents and financial statements are available upon request. ReturnMeds LLC 1000 Parkwood Circle Ste 200 Atlanta GA 30339 465426753 medicine disp DE 0 0 C2R - USA CALL2RECYCLE CANADA INC 4576 Yonge Street Ste 606 TORONTO Ontario CA M2N 6N4 999999999 BAT RECYCLING CA FOREIGN CHA C2R - USA false PRBA-The Rechargeable Battery Associatio 1776 K Street NW Washington DC 20006 521736307 membershp org DC 501(c)(6) NA false false true true false false false false false false false false false false false false false false false CALL2RECYCLE CANADA INC trans 363410 CASH PRBA-The Rechargeable Battery Association trans 5487 CASH