2025-03-05T14:54:09-06:00 2024-08-31 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2023-09-01 232154856 SOROPTIMIST INTERNATIONAL OF THE AMERICAS INC SORO 2158939000 1709 SPRUCE STREET PHILADELPHIA PA 19103 KIMBERLY A GROSSMAN CPA CFO 2158939000 2025-02-27 1 0 MALLORY GOOD P01704765 2156433900 2025-02-27 2023 2025-03-06 01:10:19Z MICHELLE J BURNETT 1709 SPRUCE STREET PHILADELPHIA PA 19103 8443040 0 1 X WWW.SOROPTIMIST.ORG X 1980 PA GLOBAL VOLUNTEER ORGANIZATION ECONOMICALLY EMPOWERING WOMEN & GIRLS WHO FACE OBSTACLES TO SUCCESS. 15 15 35 24129 0 0 2758417 1965629 2327305 3301255 369565 418535 52154 50406 5507441 5735825 479500 490000 0 0 2708465 3039037 0 0 951286 1701672 3548799 4889637 7077836 617804 -1342011 17295828 17566409 2398047 2659250 14897781 14907159 X SOROPTIMIST IS A GLOBAL VOLUNTEER ORGANIZATION THAT PROVIDES WOMEN AND GIRLS WITH ACCESS TO THE EDUCATION AND TRAINING THEY NEED TO ACHIEVE ECONOMIC EMPOWERMENT. (CONTINUED ON SCHEDULE O)OUR VISION IS FOR WOMEN AND GIRLS TO HAVE THE RESOURCES AND OPPORTUNITIES TO REACH THEIR FULL POTENTIAL AND LIVE THEIR DREAMS. SOROPTIMIST WAS FORMED IN 1921 IN OAKLAND, CALIFORNIA, AT A TIME WHEN WOMEN WERE NOT PERMITTED TO JOIN SERVICE ORGANIZATIONS. OUR NAME, LOOSELY TRANSLATED FROM THE LATIN, MEANS BEST FOR WOMEN. TODAY, WE HAVE OVER 24,000 MEMBERS AND SUPPORTERS IN COUNTRIES ACROSS NORTH AMERICA, LATIN AMERICA AND THE PACIFIC RIM. WE ARE ONE OF FIVE FEDERATIONS THAT MAKE UP SOROPTIMIST INTERNATIONAL, WHICH HAS CLUBS IN MORE THAN 120 COUNTRIES THROUGHOUT THE WORLD. 0 0 4819668 65500 3325549 MEMBER SUPPORT - PROVIDE THE DEVELOPMENT, TRAINING, PROGRAMS, TOOLS, MATERIALS AND SUPPORT IN SIX LANGUAGES ENABLING OVER 24,000 MEMBERS IN COUNTRIES ACROSS NORTH AMERICA, LATIN AMERICA AND THE PACIFIC RIM TO PROVIDE WOMEN AND GIRLS WITH ACCESS TO THE EDUCATION AND TRAINING THEY NEED TO ACHIEVE ECONOMIC EMPOWERMENT. 633864 424500 THE SOROPTIMIST LIVE YOUR DREAM: EDUCATION AND TRAINING AWARDS FOR WOMEN IS ONE OF SOROPTIMIST'S CORNERSTONE PROGRAMS. THROUGH THE PROGRAM, CLUBS IN COUNTRIES ACROSS NORTH AMERICA, LATIN AMERICA AND THE PACIFIC RIM ASSIST WOMEN WHO PROVIDE THE PRIMARY SOURCE OF FINANCIAL SUPPORT FOR THEIR FAMILIES BY GIVING THEM THE RESOURCES THEY NEED TO IMPROVE THEIR EDUCATION, SKILLS, AND EMPLOYMENT PROSPECTS SO THEY MAY REACH AN IMPROVED STANDARD OF LIVING FOR THEMSELVES AND THEIR DEPENDENTS. RECIPIENTS WHO HAVE OVERCOME ENORMOUS OBSTACLES INCLUDING POVERTY, DOMESTIC VIOLENCE, AND TEEN PREGNANCY MAY USE THE AWARDS TO OFFSET ANY COSTS ASSOCIATED WITH THEIR EFFORTS TO ATTAIN HIGHER EDUCATION, SUCH AS BOOKS, CHILDCARE AND TRANSPORTATION. (CONTINUED ON SCHEDULE O) SINCE 1972, SOROPTIMIST HAS DISBURSED MORE THAN $40 MILLION TO MORE THAN 40,000 WOMEN THROUGH THE LIVE YOUR DREAM: EDUCATION AND TRAINING AWARDS FOR WOMEN AWARDS. IN FY23/24, 2,269 WOMEN RECEIVED A LIVE YOUR DREAM AWARD AND A TOTAL OF $3,137,596 WAS DISTRIBUTED AT ALL LEVELS OF THE AWARD. SIA FUNDED $424,500 IN LIVE YOUR DREAM AWARDS BETWEEN SIAHQ AWARDS, NEW CLUB FUNDING, FEDERATION AWARDS, AND REGION FUNDING. 61845 DREAM IT BE IT: CAREER SUPPORT FOR GIRLS; LAUNCHED IN 2015, SERVES AS SOROPTIMIST'S OTHER CORNERSTONE PROGRAM. THE GOAL OF THE PROGRAM IS TO PROVIDE EDUCATION AND ROLE MODELS TO EMPOWER GIRLS TO PURSUE THEIR CAREER GOALS AND REACH THEIR FULL POTENTIAL. IT PROVIDES GIRLS WITH ACCESS TO PROFESSIONAL ROLE MODELS, CAREER EDUCATION AND THE RESOURCES TO LIVE THEIR DREAMS. CLUBS WORK IN PARTNERSHIP WITH GIRLS WHO FACE OBSTACLES SUCH AS POVERTY OR TEEN PREGNANCY, IN SMALL GROUPS TO PROVIDE THEM WITH THE INFORMATION AND RESOURCES SUCH AS CAREER OPPORTUNITIES, SETTING AND ACHIEVING GOALS, OVERCOMING OBSTACLES TO SUCCESS AND HOW TO MOVE FORWARD AFTER SETBACKS OR FAILURES. SINCE, ITS INCEPTION THE PROGRAM HAS REACHED MORE THAN 100,000 GIRLS ACROSS 15 COUNTRIES AND TERRITORIES. (CONTINUED ON SCHEDULE O)IN FY23/24, 23,738 GIRLS PARTICIPATED IN DREAM IT, BE IT. 5515377 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 35 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 PA AL AK AR CA CO CT DC FL GA HI KS KY ME MD MA MI MN ND OH OK OR RI SC TN UT VA WA WV WI NV IL NJ NH NM NY NC MO MS X X KIMBERLY A GROSSMAN CPA 2158939000 1709 SPRUCE STREET PHILADELPHIA PA 19103 BOBBI ENDERLIN PRESIDENT 20.00 X X 0 0 0 GLORIA GINGER COLE PRESIDENT-ELECT 10.00 X X 0 0 0 SUE RINEY SECRETARY/TREASURER 5.00 X X 0 0 0 JUNKO AYABE DIRECTOR 5.00 X 0 0 0 GABRIELLE CALIZO-QUIMPO DIRECTOR 5.00 X 0 0 0 CHIN-YUN CHEN CHENG DIRECTOR 5.00 X 0 0 0 SUSAN GILBEY DIRECTOR 5.00 X 0 0 0 MELANIE KENNY DIRECTOR 5.00 X 0 0 0 JUNGMI LIM DIRECTOR 5.00 X 0 0 0 DEBORAH MACKES DIRECTOR 5.00 X 0 0 0 MARIA ODETTE NASSIF DO VOL DIRECTOR 5.00 X 0 0 0 MARIA HELENA R DOS SANTOS DIRECTOR 5.00 X 0 0 0 MAYUMI TSUJI DIRECTOR 5.00 X 0 0 0 MADOKA USHIO DIRECTOR 5.00 X 0 0 0 VIVIAN WALCZESKY DIRECTOR 5.00 X 0 0 0 MICHELLE J BURNETT EXECUTIVE DIRECTOR & CEO 40.00 X 278424 0 19034 KIMBERLY A GROSSMAN CHIEF FINANCIAL OFFICER 40.00 X 114200 0 4555 IESHA D BROWN CHIEF IMPACT & ENGAGEMENT OFFICER 40.00 X 141196 0 12819 LISA MANGIAFICO ASSOC. SR DIR RECORDS & RISK MGMT 40.00 X 111391 0 15490 KYMBERLIE ADAMS CHIEF MKTG & DEVELOPMENT OFFICER 40.00 X 122600 0 12770 767811 0 64668 4 0 1 0 HYATT AT THE BELLEVUE 900 BELLEVUE WAY NE BELLEVUE WA 98004 CONVENTION VENUE - HOTEL, FOOD, AV, ETC. 555669 AGILE CLOUD CONSULTING 276 5TH AVE STE 704-3080 NEW YORK NY 10001 SOFTWARE CONSULTING 505831 LIONBRIDGE TECHNOLOGIES 890 WINTER STREET SUITE 225 WALTHAM MA 02451 INTERPRETATION SERVICES 264504 INSPIRE INTEGRATED RESORT CO 2955 UNSEO-DONG INCHEON JUNG-GU KS 22382 PREPAID CONVENTION VENUE FOR 2026 250159 SALESFORCE INC 415 MISSION STREET 3RD FLOOR SAN FRANCISCO CA 94105 SOFTWARE SUBSCRIPTIONS 220393 8 1965629 43428 1965629 MEMBERSHIP DUES 900099 2227090 2227090 CONVENTION AND MEETINGS 900099 1074165 1074165 3301255 481892 481892 2500000 2563357 -63357 -63357 -63357 168152 143858 24294 24294 MISCELLANEOUS 900099 26112 26112 26112 5735825 3325549 0 444647 203000 203000 69500 69500 217500 217500 486255 320620 141322 24313 2060950 1382413 224311 454226 108080 71227 13990 22863 192094 130298 23503 38293 191658 129424 26421 35813 31179 21370 3353 6456 41633 28535 4477 8621 29452 29452 208106 142635 22378 43093 18290 12218 2599 3473 59150 40354 4671 14125 402155 276040 52774 73341 98494 65796 13994 18704 212418 191402 1952 19064 1128987 1071231 57756 166785 111417 23695 31673 162355 147223 6476 8656 TRANSLATION & INTERPRET 515089 477972 4219 32898 DUES AND OTHER FEES 309938 240434 11586 57918 SOROPTIMIST INT. DUES 164768 164768 0 0 7077836 5515377 611173 951286 3853604 2823814 368747 1778262 191546 142477 6484 34843 117350 32694 290711 523712 3958634 1819294 1510676 2139340 10889908 10040235 66802 51032 17295828 17566409 512484 936753 1814108 1670073 4653 1392 66802 51032 2398047 2659250 X 5443776 5014356 9454005 9892803 14897781 14907159 17295828 17566409 -1342011 1351389 0 X 0 1 X 1 0 X 2234488 2507995 3835756 2758417 1965629 13302285 2234488 2507995 3835756 2758417 1965629 13302285 360769 12941516 277908 229473 502034 369565 481892 1860872 14099 1802 1480 38539 26112 82032 15245189 13650249 0.84890 0.86380 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 14,099. 2020 AMOUNT: $ 1,802. 2021 AMOUNT: $ 1,480. 2022 AMOUNT: $ 38,539. 2023 AMOUNT: $ 26,112. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 10908671 1764261 1016030 11656902 10330471 905196 326996 10908671 12081907 14288 -1506034 259690 10330471 10446546 1635361 12081907 9920764 525782 10446546 0.17035 0.82964 0.00000 0 0 28000 28000 2719784 1637806 1081978 216678 140494 76184 994172 40994 953178 2139340 LEASE LIABILITY 51032 51032 X 7498842 1351389 441080 1792469 5706373 29452 29452 5735825 7489464 441080 441080 7048384 29452 29452 7077836 PART IV, LINE 2B: THE ORGANIZATION RECEIVES FUNDS FROM MEMBER CLUBS ON BEHALF OF OTHER ORGANIZATIONS, WHICH IT HOLDS AND PERIODICALLY MAKES REMITTANCES TO THEM. THESE FUNDS ARE NOT OWNED BY THE ORGANIZATION NOR DOES IT EXERCISE DISCRETION OVER RECEIPTS OR DISBURSEMENTS CONSEQUENTLY, THEY ARE INCLUDED AS A LIABILITY ON THE STATEMENT OF FINANCIAL POSITION. RECEIPTS AND DISBURSEMENTS OF AGENCY FUNDS ARE NOT INCLUDED IN THE STATEMENT OF ACTIVITIES. PART V, LINE 4: THE ENDOWMENT FUND EXISTS TO PROVIDE A SUPPLEMENT TO OPERATING INCOME, AND FOR THE PURPOSES OF LONG TERM GROWTH OF ASSETS FOR THE ORGANIZATION. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN THE INCOME TAXES USING THE FASB ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE REORGANIZED IN THE FINANCIAL STATEMENTS WHEN IT MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. THE ORGANIZATION'S FEDERAL TAX RETURN IS SUBJECT TO AUDIT BY TAXING AUTHORITIES. AS OF AUGUST 31, 2024, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE. 1 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS SOROPTIMIST CLUB GRANTS 31000 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LIVE YOUR DREAM AWARDS 39000 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LIVE YOUR DREAM AWARDS 139500 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS LIVE YOUR DREAM AWARDS 8000 0 0 0 0 0 0 217500 0 217500 SOUTH AMERICA LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 14000 WIRE TRANSFERS 0 SOUTH AMERICA LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 17000 WIRE TRANSFERS 0 NORTH AMERICA LIVE YOUR DREAM AWARDS 8000 WIRE TRANSFERS 0 NORTH AMERICA LIVE YOUR DREAM AWARDS 11000 WIRE TRANSFERS 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS 11000 WIRE TRANSFERS 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS 8000 WIRE TRANSFERS 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS 8000 WIRE TRANSFERS 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 17000 WIRE TRANSFERS 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS 12000 WIRE TRANSFERS 0 CENTRAL AMERICA AND THE CARIBBEAN LIVE YOUR DREAM AWARDS 8000 WIRE TRANSFERS 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS AND CHAPTER SUPPORT 68500 WIRE TRANSFERS 0 EAST ASIA AND THE PACIFIC LIVE YOUR DREAM AWARDS 10000 WIRE TRANSFERS 0 0 13 LIVE YOUR DREAM AWARDS NORTH AMERICA 2 20000 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: IN OUR MISSION TO IMPROVE THE LIVES OF WOMEN AND GIRLS THROUGHOUT THE WORLD, IT IS NOT THE POLICY OF SIA TO DETERMINE THE CHARITABLE STATUS OF ORGANIZATIONS RUNNING THE PROGRAMS WHICH ACCOMPLISH OUR MISSION. LIVE YOUR DREAM AWARD APPLICATIONS ARE MAINTAINED IN PERPETUITY AS WELL AS THE SCORES SUBMITTED BY THE SIAHQ/FEDERATION JUDGES. ALSO MAINTAINED IS THE RECORDS OF CONFIRMATION FROM LYDA APPLICATION REFERENCES WHICH ARE USED IN THE SELECTION CRITERIA. SIA ALSO LOOKS TO OBTAIN PROOF OF ENROLLMENT FOR THE FEDERATION LEVEL LYDA AWARDEES. SIA ALSO KEEPS RECORDS TO SUBSTANTIATE THE AMOUNT AND FOR ANYONE WHO SIA DOES NOT SEND THE FUNDS TO DIRECTLY (I.E. REGION LYDA RECIPIENTS), SIA OBTAINS AND MAINTAINS SIGNED WIRE TRANSFER RECEIPTS OR AN EMAIL FROM THE APPLICANT'S EMAIL ADDRESS CONFIRMING THAT THEY RECEIVE FROM THE FUNDING FROM THEIR LOCAL CLUB/REGION FOR THE APPROPRIATE AMOUNT. SOROPTIMIST CLUB GRANT APPLICATIONS ARE MAINTAINED BY SIA AS WELL AS NOTES RELATED TO THE SELECTION CRITERIA FROM PROGRAM CHAIRS AND STAFF WHO CHOOSE THE AWARDEES. SIA ALSO OBTAINS SIGNED WIRE TRANSFER RECEIPTS FROM THE CLUBS WHOSE FUNDS ARE SENT TO THEIR REGION OFFICE TO DISBURSE TO CLUB LEVEL. PART I, LINE 3: FOR LIVE YOUR DREAM AWARDS, FOLLOW UP IS DONE ON THE PLANNED PROGRAM OUTCOMES TO MEASURE IF GOALS OR OBJECTIVES OF THE PROGRAM ARE BEING MET. FOR CHAPTER SUPPORT, CLUBS SIGN A CONTRACT STATING THAT THEY WILL UNDERTAKE THE APPROVED PROJECTS & THAT ANY CHANGES NEED TO BE APPROVED BY SIA. THEY ARE ALSO RESPONSIBLE FOR FILING 12 MONTH REPORTS ON THE PROJECTS. 1 SOROPTIMIST CAMINO REAL REGION PO BOX 861897 LOS ANGELES CA 90086 237076646 501(C)(3) 14000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST CENTRAL EAST COAST REGION 809 TESSIER CT WAKE FOREST NC 27587 832816752 501(C)(3) 8000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST DESERT COAST REGION 1150 N MOUNTAIN AVENUE ROOM 101 UPLAND CA 91786 953280861 501(C)(3) 24000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST FOUNDER REGION 96 TARMAN DRIVE CLOVERDALE CA 95425 942342261 501(C)(3) 14000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST GOLDEN WEST REGION 224 N SYBIL RD PALM SPRINGS CA 92262 953767039 501(C)(3) 12000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST MIDWESTERN REGION 10485 PENNIMAN DRIVE CHARDON OH 44024 366075770 501(C)(3) 12000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST NORTH ATLANTIC REGION 529 FREEDOM DRIVE YARDLEY PA 19067 232334555 501(C)(3) 11000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST NORTHWESTERN REGION 120 HUNTERS RUN HAVERHILL MA 01832 237144276 501(C)(3) 23000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST PEAKS TO PLAINS REGION 217 ELLIOT DR EVANSTON WY 82930 920798555 501(C)(3) 11000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST SIERRA NEVADA REGION 423 F STREET SUITE 102 DAVIS CA 95616 942342761 501(C)(3) 14000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST SIERRA PACIFIC REGION 1328 AUDREY DR TRACY CA 95376 942342745 501(C)(3) 17000 0 LIVE YOUR DREAM AWARDS SOROPTIMIST SOUTH CENTRAL REGION 5065 ROBERTS DR THE COLONY TX 75056 274640795 501(C)(3) 11000 0 LIVE YOUR DREAM AWARDS 12 0 LIVE YOUR DREAM AWARDS 62 69500 PART I, LINE 2: FOR SIA'S LIVE YOUR DREAM AWARD PROGRAMS, APPLICANTS ARE CHOSEN AT ALL LEVELS USING THE SAME JUDGING CRITERIA AND BASED UPON INFORMATION PROVIDED BY THE APPLICANT. THE AWARDS ARE GIVEN TO SUPPORT THE RECIPIENTS EDUCATION. FOLLOW UP IS DONE ON THE PLANNED PROGRAM OUTCOMES TO MEASURE IF GOALS OR OBJECTIVES OF THE PROGRAM ARE BEING MET. SOROPTIMIST CLUB GRANTS ARE AWARDED TO SIA CLUBS TO START OR CONTINUE PROJECTS IN THEIR COMMUNITIES THAT IMPROVE THE LIVES OF WOMEN AND GIRLS. CLUBS REQUEST GRANTS THROUGH AN APPLICATION PROCESS AND GRANTS ARE REVIEWED BY THE SIA PROGRAM CHAIRS, WHO DETERMINE WHICH PROJECTS ARE FUNDED AND THE RECOMMENDED FUNDING LEVELS. FINAL GRANT FUNDING IS APPROVED BY THE PRESIDENT. CLUBS SIGN A CONTRACT STATING THAT THEY WILL UNDERTAKE THE APPROVED PROJECTS AND THAT ANY CHANGES NEED TO BE APPROVED BY SIA. THEY ARE ALSO RESPONSIBLE FOR FILING TWELVE MONTH REPORTS ON THE PROGRESS OF THEIR PROJECTS. X X 0 0 0 0 0 0 0 1 0 MICHELLE J BURNETT EXECUTIVE DIRECTOR & CEO 258599 0 19825 0 0 0 8845 0 10189 0 297458 0 0 0 IESHA D BROWN CHIEF IMPACT & ENGAGEMENT OFFICER 136196 0 5000 0 0 0 4392 0 8427 0 154015 0 0 0 PART I, LINE 3 SIA PAYS ITS EXECUTIVE DIRECTOR/CEO ("CEO") FAIR MARKET VALUE FOR THEIR SERVICES WITHIN THE CONTEXT OF FISCAL RESPONSIBILITY TO THE ORGANIZATION. THE BOARD WILL REVIEW BENEFITS AND ADJUSTMENTS TO COMPENSATION ANNUALLY. A WRITTEN PERFORMANCE EVALUATION OF THE CEO IS PREPARED ANNUALLY AFTER SEEKING INPUT FROM THE BOARD AT A BOARD MEETING. A SELF EVALUATION PREPARED BY THE CEO IS CONSIDERED IN THE WRITTEN PERFORMANCE EVALUATION. THE EXECUTIVE COMPENSATION COMMITTEE (THE PRESIDENT, PRESIDENT-ELECT AND THE IMMEDIATE PAST PRESIDENT) RECOMMENDS THE CHANGE IN COMPENSATION AND BRINGS THEIR RECOMMENDATION TO THE BOARD FOR A VOTE. THE EXECUTIVE COMPENSATION COMMITTEE MEETS WITH THE CEO TO DISCUSS THE EVALUATION AND ANY CHANGES IN COMPENSATION. PART I, LINE 7 THE ANNUAL COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR/CEO REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS INCLUDED A CONTRIBUTION TO A 457B PLAN WHICH WAS PAID AS OTHER COMPENSATION IN THE AMOUNT OF $11,575 AS IT WAS GROSSED UP FOR TAXES. THE EXECUTIVE DIRECTOR/CEO ALSO RECEIVED A BONUS OF $8,250 APPROVED BY THE BOARD OF DIRECTORS. X CONVENTION BAG GIVE AWAYS 5 43328 FMV 0 0 1 0 PART I, COLUMN (B): SIA RECEIVED CONTRIBUTIONS FROM 5 DIFFERENT VENDORS PROVIDING ITEMS TO BE INCLUDED IN ATTENDEE'S CONVENTION BAG. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF SIA INCLUDE 1,202 SOROPTIMIST CLUBS IN THE US (AND ITS TERRITORIES), CANADA, MEXICO, CENTRAL AMERICA, SOUTH AMERICA, TAIWAN, JAPAN, KOREA, PHILIPPINES, AND PALAU. EACH SOROPTIMIST CLUB HAS ONE VOTE WHICH IS EXERCISED VIA MAIL BALLOT. ANY INDIVIDUAL INTERESTED IN SUPPORTING OUR VISION, MISSION AND CORE VALUES IS ELIGIBLE TO JOIN ONE OF THESE CLUBS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE PRESIDENT-ELECT AND MEMBERS OF THE BOARD OF DIRECTORS. MEMBERS OF THE SIA BOARD OF DIRECTORS ARE ELECTED FROM 14 ELECTORAL AREAS AND SERVE STAGGERED 2 YEAR TERMS, WITH HALF OF THE DIRECTORS ROTATING OFF EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B THE PRESIDENT-ELECT IS ELECTED ANNUALLY VIA MAIL BALLOT TO ALL SOROPTIMIST CLUBS IN GOOD STANDING AT THE TIME OF ELECTIONS, AND AUTOMATICALLY SUCCEEDS TO THE OFFICE OF PRESIDENT. ON SEPTEMBER 1 OF THE FOLLOWING YEAR, AMENDMENTS TO THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BYLAWS MUST BE APPROVED BY A 2/3 MAJORITY OF THE SOROPTIMIST CLUBS, WITH ADVANCE NOTICE. IN ADDITION, THE CLUBS CONSIDER RESOLUTIONS DIRECTING CERTAIN MISSION RELATED PROJECTS OR ACTIVITIES. SIA BYLAWS ARTICLE XII PROVIDES THE METHODS BY WHICH AMENDMENTS OR RESOLUTIONS ARE CONSIDERED; FINAL APPROVAL IS VIA MAIL BALLOT TO ALL SOROPTIMIST CLUBS IN GOOD STANDING FOR CONSIDERATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. A COPY OF THE COMPLETED FORM 990 WILL BE PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. APPROVAL OF THE FORM 990 WILL BE CONDUCTED THROUGH A MAIL BALLOT OR AT A SCHEDULED BOARD OF DIRECTORS MEETING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS AND EMPLOYEES OF SIA ARE EXPECTED TO ACT IN A MANNER TO PUT THE INTEREST OF SIA BEFORE ANY PERSONAL BENEFIT. INFORMATION OR PERSONAL CONTACTS GAINED THROUGH ASSOCIATIONS WITH SIA MAY NOT BE USED FOR PERSONAL PROFIT, GAIN OR ADVANTAGES. IMMEDIATE FAMILY MEMBERS OF SIA EMPLOYEES MAY NOT SIGN CONTRACTS FOR OR HAVE BUSINESS INTERESTS WITH SIA. FROM TIME TO TIME, SIA CIRCULATES QUESTIONNAIRES ABOUT CONFLICTS OF INTEREST TO PERSONS, INCLUDING UPON COMMENCEMENT OF SERVICE ON THE BOARD OR EMPLOYMENT AND AT LEAST ANNUALLY THEREAFTER. ANY CONFLICTS DISCLOSED ARE REPORTED TO THE PRESIDENT OR EXECUTIVE DIRECTOR. THE PERSON SHALL REFRAIN FROM VOTING ON ANY SUCH TRANSACTION, PARTICIPATING IN DELIBERATIONS CONCERNING IT, OR USING PERSONAL INFLUENCE IN ANY WAY IN THE MATTER. THE PERSON OR THE PRESIDENT SHALL DISCLOSE A POTENTIAL CONFLICT OF INTEREST TO THE OTHER MEMBERS OF THE BOARD OR COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 SIA PAYS ITS EXECUTIVE DIRECTOR/CEO ("CEO") FAIR MARKET VALUE FOR THEIR SERVICES WITHIN THE CONTEXT OF FISCAL RESPONSIBILITY TO THE ORGANIZATION. COMPARABLE COMPENSATION AND BENEFIT PACKAGES ARE RESEARCHED BY THE CHIEF FINANCE OFFICER ("CFO") OR AN OUTSIDE SOURCE AT THE DISCRETION OF THE BOARD ON AN ANNUAL BASIS. THE BOARD WILL REVIEW BENEFITS AND ADJUSTMENTS TO THE RANGE ANNUALLY, USING THIS RESEARCH AS A GUIDE. A WRITTEN PERFORMANCE EVALUATION OF THE CEO IS PREPARED ANNUALLY AFTER SEEKING INPUT FROM THE BOARD AT A BOARD MEETING. A SELF EVALUATION PREPARED BY THE CEO IS CONSIDERED IN THE WRITTEN PERFORMANCE EVALUATION. THE EXECUTIVE COMPENSATION COMMITTEE (THE PRESIDENT, PRESIDENT-ELECT AND THE IMMEDIATE PAST PRESIDENT) RECOMMENDS THE CHANGE IN COMPENSATION AND BRINGS THEIR RECOMMENDATION TO THE BOARD FOR A VOTE. THE EXECUTIVE COMPENSATION COMMITTEE MEETS WITH THE CEO TO DISCUSS THE EVALUATION AND ANY CHANGES IN COMPENSATION. THE COMPENSATION OF THE CFO IS DETERMINED BY THE CEO AND IS BASED ON COMPARABLE SALARY COMPENSATION STUDIES, MARKET RATES AND PERFORMANCE. COMPENSATION REVIEW AS DESCRIBED ABOVE IS COMPLETED ANNUALLY. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE SIA WEBSITE.