2012-11-12T15:18:53-06:00 2011-12-31 203968236 JAMES A GEORGE PC 20 PARK PLAZA STE 833 BOSTON MA 02116 990 2011-01-01 060692002 SOCIETY OF PLASTICS ENGINEERS SOCI 2037750471 13 CHURCH HILL ROAD NEWTOWN CT 06470 GAIL BRISTOL 2037750471 2012-11-12 1 P00659906 6174820272 2011 2016-02-24 21:20:13Z GAIL BRISTOL 13 CHURCH HILL ROAD NEWTOWN CT 06470 4361779 0 X WWW.4SPE.ORG X 1942 MI EVERY DAY THE SOCIETY OF PLASTICS ENGINEERS (SPE) HELPS PEOPLE AND COMPANIES IN THE PLASTICS INDUSTRY SUCCEED. HOW? BY SPREADING KNOWLEDGE , STRENGTHENING SKILLS AND PROMOTING PLASTICS. SPE IS THE ONLY PLACE WHERE PEOPLE FROM ALL PARTS OF THE INDUSTRY CAN COME TOGETHER AROUND IMPORTANT ISSUES AND TECHNOLOGIES. SPES CONTRIBUTION TO THE PLASTICS INDUSTRY FOR OVER 60 YEARS HAS MADE A SIGNIFICANT DIFFERENCE TO THE TECHNOLOGIES AND INNOVATIONS THE INDUSTRY ENJOYS TODAY. IN THE PROCESS, WE'VE DEVELOPED A 20,000-MEMBER NETWORK OF LEADING ENGINEERS, SCIENTISTS AND OTHER PLASTICS PROFESSIONALS, INCLUDING TECHNICIANS, SALESPEOPLE, MARKETERS, RETAILERS AND REPRESENTATIVES FROM TERTIARY INDUSTRIES.TODAY, THE INDUSTRY IS MORE INTERDEPENDENT THAN EVER, AND PROFESSIONAL NETWORKS HAVE TAKEN ON GLOBAL DIMENSIONS. SUCH NETWORKS ARE ALMOST IMPOSSIBLE TO DEVELOP AND MAINTAIN IN OUR FAST-PACED INDUSTRY. 101 101 18 900 0 0 192018 210513 2635221 3498912 30290 127682 590385 11825 3447914 3848932 128343 45936 0 0 1123208 1121453 0 0 0 2044258 2221380 3295809 3388769 152105 460163 4242757 4197849 2809896 2353803 1432861 1844046 X EVERY DAY THE SOCIETY OF PLASTICS ENGINEERS (SPE) HELPS PEOPLE AND COMPANIES IN THE PLASTICS INDUSTRY SUCCEED. HOW? BY SPREADING KNOWLEDGE , STRENGTHENING SKILLS AND PROMOTING PLASTICS. SPE IS THE ONLY PLACE WHERE PEOPLE FROM ALL PARTS OF THE INDUSTRY CAN COME TOGETHER AROUND IMPORTANT ISSUES AND TECHNOLOGIES. SPES CONTRIBUTION TO THE PLASTICS INDUSTRY FOR OVER 60 YEARS HAS MADE A SIGNIFICANT DIFFERENCE TO THE TECHNOLOGIES AND INNOVATIONS THE INDUSTRY ENJOYS TODAY. IN THE PROCESS, WE'VE DEVELOPED A 20,000-MEMBER NETWORK OF LEADING ENGINEERS, SCIENTISTS AND OTHER PLASTICS PROFESSIONALS, INCLUDING TECHNICIANS, SALESPEOPLE, MARKETERS, RETAILERS AND REPRESENTATIVES FROM TERTIARY INDUSTRIES.TODAY, THE INDUSTRY IS MORE INTERDEPENDENT THAN EVER, AND PROFESSIONAL NETWORKS HAVE TAKEN ON GLOBAL DIMENSIONS. SUCH NETWORKS ARE ALMOST IMPOSSIBLE TO DEVELOP AND MAINTAIN IN OUR FAST-PACED INDUSTRY. 0 0 2539014 3524790 THE ORGANZIATION HAS NUMEROUS DIFFERENT SERVICES THAT IT PROVIDES. PROGRAMS CONSIST OF MEMBERSHIP, PLASTICS ENGINEERS MAGAZINE, EDUCATIONAL PROGRAMS AND SERVICES, PUBLIC AWARENESS, AND RELATED MEMBER SERVICES. 2539014 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 18 1 0 1 BE 0 0 0 0 0 0 0 0 X 101 101 0 0 0 0 1 1 1 1 1 0 1 1 1 1 0 1 1 1 1 1 0 CT X X DAWN ROMAN-WEIDE 2037405414 13 CHURCH HILL ROAD NEWTOWN CT 06470 DR RAED AL ZUBI 2.00 X X 0 0 0 WILLIAM ARENDT 2.00 X X 0 0 0 VIJAY BOOLANI 2.00 X 0 0 0 KEN BRANEY 2.00 X X 0 0 0 RUSSELL BROOME 2.00 X X 0 0 0 OLIVIER CRAVE 2.00 X 0 0 0 BRIAN GRADY 2.00 X X 0 0 0 JAMES GRIFFING 2.00 X X 0 0 0 LANCE NEWARD 2.00 X 0 0 0 SCOTT OWENS 2.00 X 0 0 0 JON RATZLAFF 2.00 X 0 0 0 BRENT STRONG 2.00 X 0 0 0 FAWAZ AL KAAKI 2.00 X 0 0 0 BARBARA ARNOLD-FERET 2.00 X 0 0 0 SHARI AXELRAD 2.00 X 0 0 0 EARL BALTHAZAR 2.00 X 0 0 0 MARK BARGER 2.00 X 0 0 0 RALPH BARNES 2.00 X 0 0 0 DOREEN BEGHTOL 2.00 X 0 0 0 MARK BERARD 2.00 X 0 0 0 SANJIV BHATT 2.00 X 0 0 0 SERGE BLANCHARD 2.00 X 0 0 0 ANDY BONDHUS 2.00 X 0 0 0 RICHARD BOPP 2.00 X 0 0 0 RICHARD BRADLEY 2.00 X 0 0 0 BRUCE BRODIE 2.00 X 0 0 0 E BROOME 2.00 X 0 0 0 PAUL BROWITT 2.00 X 0 0 0 GREGORY CAMPBELL 2.00 X 0 0 0 KIL-YEONG CHOI 2.00 X 0 0 0 AUSTIN COFFEY 2.00 X 0 0 0 MARK CORBETT 2.00 X 0 0 0 SANDRA DAVIS 2.00 X 0 0 0 DONNA DAVIS 2.00 X 0 0 0 MICHAEL FASSBENDER 2.00 X 0 0 0 OSCAR GARCIA 2.00 X 0 0 0 CHARLES GREENWOOD 2.00 X 0 0 0 DALE GROVE 2.00 X 0 0 0 ADAM HALL 2.00 X 0 0 0 MARGIE HANNA 2.00 X 0 0 0 JOSEPH HENZ 2.00 X 0 0 0 EDWIN HILGEHOLT 2.00 X 0 0 0 TODD HRITZ 2.00 X 0 0 0 LAWRENCE INGRAM 2.00 X 0 0 0 HIROSHI ITO 2.00 X 0 0 0 BRADLEY JOHNSON 2.00 X 0 0 0 NORM KAKARALA 2.00 X 0 0 0 RICHARD KESKEL 2.00 X 0 0 0 ROGER KIPP 2.00 X 0 0 0 VAMAN KULKARNI 2.00 X 0 0 0 JOSE LAGARON 2.00 X 0 0 0 BRIAN LANDES 2.00 X 0 0 0 EDWARD LANGLEY 2.00 X 0 0 0 DEJIN LI 2.00 X 0 0 0 MICHAEL LODICO 2.00 X 0 0 0 GIOVANNI LUCCHETTA 2.00 X 0 0 0 RONALD MARKOVICH 2.00 X 0 0 0 JAMES MASON 2.00 X 0 0 0 JOSEPH MATTINGLY 2.00 X 0 0 0 STEPHEN MCCARTHY 2.00 X 0 0 0 LOUIS MCCLOSKEY 2.00 X 0 0 0 SAM MCCORD 2.00 X 0 0 0 THOMAS MCNAMARA 2.00 X 0 0 0 JOAQUIM MENEZES 2.00 X 0 0 0 TOM MESTDAG 2.00 X 0 0 0 RICHARD MORRISON 2.00 X 0 0 0 THOMAS MORTON 2.00 X 0 0 0 FERNANDO NOVAES 2.00 X 0 0 0 CHARLIE O'BOSKY 2.00 X 0 0 0 WILLIAM O'CONNELL 2.00 X 0 0 0 AMOS OPHIR 2.00 X 0 0 0 FRANKLIN PALMER 2.00 X 0 0 0 PETER PEREZ-CASTRO 2.00 X 0 0 0 GARY PETRUSKA 2.00 X 0 0 0 THOMAS PICKETT 2.00 X 0 0 0 REINHOLD PLOT 2.00 X 0 0 0 GREGORY PRENTISS 2.00 X 0 0 0 DAVID RILEY 2.00 X 0 0 0 JORDAN ROTHEISER 2.00 X 0 0 0 RAJIV SANGHAVI 2.00 X 0 0 0 NICK SCHOTT 2.00 X 0 0 0 ASHUTOSH SHARMA 2.00 X 0 0 0 RAYMOND SHUTE 2.00 X 0 0 0 ZAN SMITH 2.00 X 0 0 0 ALLEN SMITH 2.00 X 0 0 0 GARY SPALTER 2.00 X 0 0 0 RUSSELL SPEIGHT 2.00 X 0 0 0 SCOTT STEELE 2.00 X 0 0 0 EDWARD STUMPEK 2.00 X 0 0 0 WILLIAM TOBIN 2.00 X 0 0 0 WAYNE VANDER ZANDEN 2.00 X 0 0 0 GREGORIO VELEZ-GARCIA 2.00 X 0 0 0 RICHARD WAGNER 2.00 X 0 0 0 PARVINDER WALIA 2.00 X 0 0 0 PAUL WALLER 2.00 X 0 0 0 JOE WILLIAMS 2.00 X 0 0 0 DONALD WITENHAFER 2.00 X 0 0 0 ANTHONY WONG 2.00 X 0 0 0 BRIAN YOUNG 2.00 X 0 0 0 HARRISON YU 2.00 X 0 0 0 SUSAN ODERWALD 40.00 X 105069 0 0 105069 0 0 1 0 0 0 0 210513 210513 MEMBERSHIP DUES 900099 1631628 1631628 CONFERENCES 900099 1225802 1225802 PUBLICATIONS 511120 614111 614111 SPE STORE 900099 27371 27371 3498912 113629 113629 526900 512847 14053 14053 14053 MISCELLANEOUS 900099 11825 11825 11825 3848932 3524790 0 113629 9284 9284 36652 36652 105069 105069 736955 567455 169500 59117 45520 13597 146817 113049 33768 73495 56591 16904 18385 14156 4229 19066 14681 4385 36803 28338 8465 9371 7216 2155 122813 94566 28247 178916 137765 41151 149489 115107 34382 195947 150879 45068 658405 506972 151433 4452 3428 1024 60571 46640 13931 26409 20335 6074 39039 30060 8979 MEMBERSHIP SERVICES 380679 293123 87556 PUBLICATION 183700 141449 42251 BAD DEBT EXPENSE 48234 37141 11093 SPE STORE 16007 12325 3682 73094 56282 16812 3388769 2539014 849755 0 55481 160362 211639 161689 200879 63803 71757 64386 108638 137202 280721 276572 13209 4149 3566602 3606258 14552 0 4242757 4197849 86189 181535 1504544 999486 270000 182525 949163 990257 2809896 2353803 X -633924 -445592 2033275 2256128 33510 33510 1432861 1844046 4242757 4197849 X 460163 -48978 X X 0 1 1 X 0 X 1948911 1907677 1699621 1668393 1631628 8856230 3266263 2538304 1348831 1694577 1867284 10715259 5215174 4445981 3048452 3362970 3498912 19571489 0 0 0 19571489 111637 58378 114774 113629 398418 111637 58378 114774 113629 398418 5326811 4504359 3048452 3477744 3612541 19969907 0.98000 0.98320 0.02000 0.01680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33510 33510 33510 33510 33510 33510 33510 33510 0 0 280721 276572 4149 4149 OTHER LIABILITIES 300745 SECTIONS AND DIVISIONS INVESTMENT PLAN 689512 990257 3848932 3388769 460163 -145460 96482 -48978 411185 3703472 -145460 -145460 3848932 0 3848932 3388769 0 3388769 0 3388769 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: PERMANENT ENDOWMENT USED TO FINANCE FUTURE ACTIVITIES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2011. AS OF DECEMBER 31, 2011, THE ORGANIZATION DID NOT RECORD ANY PENALTIES OR INTEREST ASSOCIATED WITH UNCERTAIN TAX POSITIONS. THEREFORE, THE CERTAIN PROVISIONS OF FASB ASC 740, WHICH WERE ADOPTED DURING 2010, HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. EUROPE 1 1 OFFICE IS MAINTAINED TO ASSIST MEMBERSHIP AND COORDINATE SEMINARS IN THE LOCAL EUROPEAN COMMUNITY 62095 1 1 0 0 1 1 62095 0 62095 0 0 0 0 0 0 0 YALE UNIVERSITY PO BOX 208267 NEW HAVEN CT 06520 6900 FMV EDUCATIONAL SCHOLARSHIPS 9 26652 FMV FORM 990, PART VI, SECTION A, LINE 6 4.4.1 VOTING MEMBERS MEMBERS, SENIOR MEMBERS, FELLOWS OF THE SOCIETY, HONORED SERVICE MEMBERS, AND DISTINGUISHED MEMBERS SHALL HAVE THE RIGHT TO VOTE, HOLD ELECTIVE OFFICE AND PARTICIPATE IN ALL THE AFFAIRS OF THE SOCIETY. 4.4.2 AFFILIATE MEMBERS AFFILIATE MEMBERS SHALL HAVE ALL THE PRIVILEGES OF MEMBERSHIP, INCLUDING THOSE OF VOTING AND HOLDING OFFICES IN THE SECTIONS AND DIVISIONS, AND MAY PARTICIPATE IN ALL OF THE AFFAIRS OF THE SOCIETY, EXCEPT THAT THEY SHALL NOT ENJOY THE PRIVILEGE OF HOLDING SOCIETY OFFICE OR SERVING AS COUNCILOR. 4.4.3 NON-VOTING MEMBERS STUDENT, STUDENT AFFILIATE AND HONORARY MEMBERS MAY PARTICIPATE IN ALL AFFAIRS OF THE SOCIETY EXCEPT VOTING OR HOLDING ELECTIVE SECTION, DIVISION OR SOCIETY OFFICE. 4.4.4 SECTION AFFILIATION EACH MEMBER SHALL BE AFFILIATED WITH THE SECTION WITHIN WHOSE BOUNDARIES THE MEMBER'S MAILING ADDRESS FALLS, EXCEPT WHEN THE MEMBER REQUESTS AFFILIATION WITH ANOTHER SECTION. A MEMBER NOT AFFILIATED WITH ANY SECTION SHALL BE LISTED AS A NON-SECTION AFFILIATE. 4.4.5 DIVISION AFFILIATION EACH MEMBER IN GOOD STANDING SHALL HAVE THE PRIVILEGE OF AFFILIATING WITH A SINGLE DIVISION. REQUIREMENTS FOR MEMBERSHIP IN ADDITIONAL DIVISIONS SHALL BE PRESCRIBED BY COUNCIL. FORM 990, PART VI, SECTION A, LINE 7A 6.1.1 GOVERNANCE THE GOVERNANCE OF THE SOCIETY SHALL BE VESTED IN A GOVERNING BODY CALLED THE COUNCIL. 6.1.2 EXECUTIVE DIRECTOR AN EXECUTIVE DIRECTOR MAY BE EMPLOYED TO ACT AS THE BUSINESS MANAGER OF THE SOCIETY. (SEE ALSO ARTICLE 13) 6.1.3 COUNCIL THE COUNCIL SHALL CONSIST OF REPRESENTATIVES ELECTED BY MEMBERS AFFILIATED WITH SECTIONS AND DIVISIONS AS PROVIDED IN THE BYLAWS, THE TWO IMMEDIATE PAST PRESIDENTS AS COUNCILORS-AT-LARGE, AND A COUNCILOR- OR COUNCILORS-AT-LARGE AS MAY BE PROVIDED IN THIS DOCUMENT (SEE ALSO ARTICLES 7 & 8). EACH COUNCILOR SHALL BE A VOTING MEMBER OF THE SOCIETY WHEN SEATED. THE EXECUTIVE DIRECTOR SHALL BE A NON-VOTING MEMBER OF THE COUNCIL. 6.1.4 REPRESENTATION THE MEMBERS AFFILIATED WITH EACH SECTION SHALL ELECT ONE OF THEIR MEMBERS AS A REPRESENTATIVE IN THE COUNCIL. THE MEMBERS AFFILIATED WITH EACH DIVISION SHALL ELECT ONE OF THEIR MEMBERS AS A REPRESENTATIVE IN THE COUNCIL. THE RETIRING PRESIDENT OF THE SOCIETY, AS COUNCILOR-AT-LARGE, SHALL ALSO REPRESENT THE NON-SECTION AND NON-DIVISION AFFILIATES. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE ORGANIZATION ARE ELECTED TO THE GOVERNING BODY; THEREFORE, DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED BY TAX PROFESSIONALS IN CONJUNCTION WITH THE ORGANIZATION'S ACCOUNTING MANAGER AND DIRECTOR, OPERATIONS AND ADMINISTRATION. THE RETURN IS REVIEWED BY A TEAM CONSISTING OF THE EXECUTIVE DIRECTOR, ACCOUTING MANAGER AND DIRECTOR, OPERATIONS AND ADMINISTRATION. THE RETURN IS THEN PRESENTED TO THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE FOR FINAL REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES AND EXECUTIVE COMMITTEE MEMBERS ARE REMINDED OF THE CONFLICT OF INTEREST POLICY AT THE BEGINNING OF EVERY COMMITTEE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THERE IS A PERFORMANCE AND COMPENSATION COMMITTEE WHICH IS A COMMITTEE OF THE EXECUTIVE COMMITTEE. THE DIRECTOR, OPERATIONS AND ADMINISTRATION IS THE STAFF LIASON TO THIS GROUP. SALARY IS BENCHMARKED VIA THE USE OF SURVEY DATA WITH OTHER LIKE TYPE ORGANIZATIONS. IN ADDITION, THERE IS A REVIEW OF DEPARTMENT OF LABOR WAGE DEMOGRAPHICS FOR THE GEOGRAPHIC REGION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE BY CONTACTING THE ORGANIZATION AT THE ADDRESS OR PHONE NUMBER LISTED ON PAGE ONE OF THE RETURN. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -145,460. PRIOR PERIOD ADJUSTMENTS: 96,482. TOTAL TO FORM 990, PART XI, LINE 5: -48,978. THE OVERSIGHT AND SELECTION PROCESS OF THE AUDIT COMMITTEE DID NOT CHANGE FROM THE PREVIOUS YEAR.