2024-05-15T12:15:49-05:00 2023-06-30 BRUCE E BERNSTIEN & ASSOCIATES 10440 N CENTRAL EXPRESSWAY STE 1040 DALLAS TX 75231 990 2022-07-01 131770417 YPO INC % ROBERT E BENDETTI JR YPOI 9725871500 225 E JOHN CARPENTER FWY 500 irving TX 75062 ROBERT E BENDETTI JR CFO 9725871500 2024-05-14 true ROBERT E BENDETTI JR 999009999 P01424343 2147060840 2 2022 2023-04-26 12:10:37Z ROBERT E BENDETTI JR 225 E JOHN CARPENTER FWY 500 irving TX 75062 205755966 false 7096 X www.ypo.org X 1951 NY YPO'S CORE MISSION IS TO DEVELOP "BETTER LEADERS THROUGH LIfelong Learning AND IDEA EXCHANGE". 13 13 288 10000 1237853 44413 106776668 124428695 22541686 64906553 4339224 6729882 1795867 3090836 135453445 199155966 0 0 0 0 41210191 48408039 0 0 0 92185383 141423063 133395574 189831102 2057871 9324864 309390735 332349542 258662250 264095625 50728485 68253917 YPO IS A GLOBAL MEMBERSHIP COMMUNITY OF LEADERS COMMITTED TO BECOMING BETTER LEADERS THROUGH LIFELONG LEARNING AND IDEA EXCHANGE. WITH ITS SOLE FOCUS ON CHIEF EXECUTIVES WITH EARLY CAREER SUCCESS, YPO IS THE PREMIER LEADERSHIP ORGANIZATION FOR CHIEF EXECUTIVES IN THE WORLD. YPO MEMBERS HARNESS THE KNOWLEDGE, INFLUENCE AND TRUST OF THE WORLDS MOST INFLUENTIAL AND INNOVATIVE BUSINESS LEADERS TO INSPIRE BUSINESS, PERSONAL, FAMILY AND COMMUNITY IMPACT. YPOS ORIGINAL IDEA REMAINS AS BOLD AS EVER: CREATE A SAFE HAVEN OF TRUST, WHERE BUSINESS LEADERS CAN FREELY EXCHANGE IDEAS AND LEARN TO BECOME BETTER LEADERS. YPO IS A UNIQUELY PERSONAL EXPERIENCE BASED UPON THE FOLLOWING STRATEGIC THEMES: 1. QUALITY GROWTH: FINDING PEERS WHEREVER THEY ARE TO REPLENISH CHAPTERS AND DEVELOP NEW MARKETS. 2. GLOBAL ADVANTAGE FOR EVERY MEMBER: LEVERAGING THE GLOBAL COMMUNITY TO BENEFIT EACH MEMBER; IDENTIFYING AND SHARING BEST PRACTICES AND INSIGHTS; AND ENABLING FAST EXCHANGE OF IDEAS AMONG MEMBERS. 3. EXPERIEN false false YPO held two in-person Global Leadership Conferences in FY 2023, located in Singapore and Las Vegas. This annual conference provides education and training for incoming regional and chapter officers. The training took place in various Leadership Development Workshops(LDW) 2,300+ in total attendance. In the past, the GLC (expense only) and EDGE were a coupled set of events where the EDGE was included in description. However, for FY23 for the first time the EDGE was de-coupled from the GLC and because it collects revenue. This year, EDGE was attended by 2,500 members with $15M in revenue and expense. Chapter Support - with more than 480 chapters in 140+ countries worldwide, YPO members connect in all time zones, in every part of the world, every hour in the day. The YPO management team supports chapters through the sharing of best practices with members, officers, and chapter managers; educating chapter officers; providing forum, event, and learning support as well as providing regional funds to chapters in support of member-led programs. Network Support - YPO networks serve as the official interest-based and virtual communities' platform for members globally. There are more than 40 networks to choose from ranging from business, personal, social impact, and family networks and groups. Networks offer more than 600 annual events and engage members online through global conference calls and monthly communications. YPO networks are lead by a member-elected chair, directed by a member executive committee and supported by the YPO management team to ensure a high-value, consistent experience. false false false true false false false false false true false false false true true true false false true true false false false false false false false false true false false false false false false false false false false false false false false true 193 0 true 288 true true true true UK false false false false false false false false false false X 13 13 false false false false true true true true true false true true true true true true true true true true false CA X ROBERT E BENDETTI JR 9725871500 225 E JOHN CARPENTER FREEWAY 500 irving TX 75062 MUFRAGGI XAVIER JP CHIEF EXECUTIVE OFFICER 40.0 0.0 X 979672 0 40698 COLLINS Susannah Chief Chapters/Regions Officer 40.0 0.0 X 541002 0 29191 BUTTREY KAREN CHIEF CHAMPION EXPERIENCE OFFI 40.0 0.0 X 543924 0 19620 MAHAN TRIPP ANDREW CHIEF SERVICES OFFICER 40.0 0.0 X 542732 0 11343 WILSON TERRY L CHIEF FINANCIAL OFFICER 40.0 0.0 X 446804 0 28047 CENDRAL SABRINA CHEIF MARKETING STRATEGY&DIGIT 40.0 0.0 X 460535 0 5534 FOX GARETH CHEIF PEOPLE OFFICER 40.0 0.0 X 299750 0 9785 ORTEGA DENNIS DOUGLAS SENIOR DIRECTOR, STRATEGIC PAR 40.0 0.0 X 266228 0 21325 MACMILLAN SARAH DOUD HEAD OF FORUM AND LEARNING 40.0 0.0 X 239938 0 27645 CHILUVERU SUNIL KUMAR DIGITAL SERVICES DIRECTOR 40.0 0.0 X 242142 0 24713 AVNET NICOLE EXECUTIVE PRODUCER 40.0 0.0 X 251962 0 10467 ONG KEN CHIEF PEOPLE OFFICER 40.0 0.0 X 242010 0 17365 SARKAR AJAY SALESFORCE TECHNOLOGIES DIRECT 40.0 0.0 X 247695 0 9810 MALLOW KIRSTEN KAY HEAD OF CHAMPION EXPERIENCE 40.0 0.0 X 215371 0 20942 CARREAU DEBBY CHAIR OF THE GLOBAL CONDUCT CO 2.0 0.0 X X 0 0 0 CLEVELAND CYNTHIA CHAIR OF LEARNING COMMITTEE 2.0 0.0 X X 0 0 0 DEMIRJIAN RAFI GLOBAL DEPUTY CHAIRMAN 2.0 0.0 X X 0 0 0 ECONOMOU ANASTASIOS YPO CHAIRMAN 2.0 0.0 X X 0 0 0 GARCIA-CORDERO ANGEL CHAIR OF MEMBERSHIP COUNCIL 2.0 0.0 X X 0 0 0 JACOBSEN BRENDA YPO ELECTED DIRECTOR 2.0 0.0 X 0 0 0 HEPBURN ALAN CHAIR OF CHAPTERS&REGIONS COMM 2.0 0.0 X 0 0 0 HUTT POLLARD ELIZABETH CHAIR OF THE FINANCE COMMITTEE 2.0 0.0 X X 0 0 0 IMBARDELLI PATRICK YPO ELECTED DIRECTOR 2.0 0.0 X 0 0 0 KIGGEN CRAIG CHAIR OF YPO COUNCIL 2.0 0.0 X X 0 0 0 PARK INWON YPO ELECTED DIRECTOR 2.0 0.0 X 0 0 0 PATEL HASIT CHAIR OF NETWORK COMMITTEE 2.0 0.0 X X 0 0 0 KEITH BRETT YPO ELECTED DIRECTOR 2.0 0.0 X 0 0 0 FISHER TODD BOARD SECRETARY 2.0 0.0 X X 0 0 0 RUBAGENGA EMERY YPO ELECTED DIRECTOR 2.0 0.0 X 0 0 0 SMITH THAYER CHIEF EXECUTIVE OFFICER 40.0 0.0 X X 0 0 0 WATT RAYMOND CHAIR OF THE EVENTS COMMITTEE 2.0 0.0 X X 0 0 0 ZUBERI AHMAD YPO ELECTED DIRECTOR 2.0 0.0 X 0 0 0 5519765 0 276485 144 false true false HARVARD BUSINESS SCHOOL INTERACTIVE SOLDIERS FIELD BOSTON MA 02163 BUSINESS SEMINARS PG 7711748 VENICE SIMPLON-ORIENT-EXPRESS LIMIT VICTORIA HOUSE BLOOMSBURY SQUARE LONDON 0 UK WC1B 4DA TOUR OPERATOR 4592526 SALESFORCECOM INC PO BOX 203141 DALLAS TX 753203141 IT SERVICES 2643855 OVERLAND ENTERTAINMENT CO LTD 257 W 52ND STREET 5TH FLOOR NEW YORK NY 10019 FULL-SVCS EVENT PROD 3888382 MGM RESORTS INTERNATIONAL 3600 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109 ENTERTAINMENT COMPAN 3077508 208 120906343 3522352 124428695 UNIVERSITIES, SEMINARS & EXPERIENCES REVENUE 900099 64906553 64906553 64906553 6563103 6563103 0 0 0 0 0 6766779 6600000 166779 166779 166779 0 0 0 0 0 0 0 0 0 FOCUS POINT REVENUE 524298 1237853 1237853 OTHER SERVICE REVENUE 900099 1894112 1894112 LOSS ON FOREIGN EXCHANGE 900099 -41129 -41129 3090836 199155966 66759536 1237853 6729882 0 0 0 0 2840395 592437 2247958 0 39449846 26157176 13292670 832035 588786 243249 2624212 1665321 958891 2661551 1715955 945596 62667709 46617545 16050164 1228505 7403 1221102 210856 161018 49838 0 0 114205 114205 0 0 6029908 332803 5697105 7427763 4463871 2963892 0 933930 71714 862216 24023784 23545548 478236 0 31174365 30540233 634132 0 0 3365830 1627190 1738640 897811 897811 OPERATIONAL 3101715 1714694 1387021 RESOURCE 246682 246682 189831102 140048376 49782726 42021334 107879442 124225178 81307297 0 0 17961698 13199268 0 0 0 0 0 0 0 0 21746690 7182482 56063226 52404605 5759687 3658621 84963899 108209467 0 0 0 0 0 0 12712249 10912965 309390735 332349542 17890902 14951522 0 0 201692894 199502138 0 0 0 0 0 0 0 0 0 0 39078454 49641965 258662250 264095625 X 50728485 68253917 0 0 50728485 68253917 309390735 332349542 9324864 8200568 X false true X true false false true false 2439791 1048147 1391644 3735252 3348136 387116 49888183 48008322 1879861 3658621 0 DUE TO RELATED ENTITIES 37093962 LEASE LIABILITY 10747739 CHAPTER FUNDS HELD FOR INVESTM 1800264 49641965 X 207242329 8200568 8200568 199041761 114205 114205 199155966 189716897 189716897 114205 114205 189831102 FIN 48 (ASC 740) INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE ORGANIZATION'S EXEMPT PURPOSE MAY BE SUBJECT TO TAX UNDER IRC SECTION 511. THE ORGANIZATION DID NOT HAVE ANY MATERIAL UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THEREFORE, NO MATERIAL TAX LIABILITY HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. Central America and the Caribbean Program Services Education and Seminars 1297318 Central America and the Caribbean Program Services LEADER TRAINING/BMtg 1879020 East Asia and the Pacific 53 Send agents to seminar 2614399 East Asia and the Pacific Program Services Education and Seminars 1796089 East Asia and the Pacific Program Services LEADER TRAINING/BMtg 4420819 Europe (Including Iceland and Greenland) 51 Send agents to seminar 3707618 Europe (Including Iceland and Greenland) Education and Seminars 24124804 Europe (Including Iceland and Greenland) LEADER TRAINING/BMtg 4591341 Middle East and North Africa 20 Send agents to seminar 1528959 Middle East and North Africa Education and Seminars 1727685 North America 41 Send agents to seminar 2509419 North America Education and Seminars 246903 South America 11 Send agents to seminar 469549 South Asia 26 Send agents to seminar 695637 Sub-Saharan Africa 51 Send agents to seminar 2058216 Sub-Saharan Africa Education and Seminars 1004812 253 253 54672588 54672588 false false false false false false X X true true X X X X X true false false WILSON TERRY L CHIEF FINANCIAL OFFICER 333174 113630 0 12310 15737 474851 0 CHILUVERU SUNIL KUMAR DIGITAL SERVICES DIRECTOR 204468 37674 0 9362 15351 266855 0 BUTTREY KAREN CHIEF CHAMPION EXPERIENCE OFFI 331974 76950 135000 8305 11315 563544 0 CENDRAL SABRINA CHEIF MARKETING STRATEGY&DIGIT 361235 99300 0 3942 1592 466069 0 COLLINS Susannah Chief Chapters/Regions Officer 325400 86111 129491 11546 17645 570193 0 ORTEGA DENNIS DOUGLAS SENIOR DIRECTOR, STRATEGIC PAR 229774 36454 0 6152 15173 287553 0 AVNET NICOLE EXECUTIVE PRODUCER 210760 41202 0 9231 1236 262429 0 MAHAN TRIPP ANDREW CHIEF SERVICES OFFICER 316024 82308 144400 9849 1494 554075 0 MUFRAGGI XAVIER JP CHIEF EXECUTIVE OFFICER 771672 208000 0 19105 21593 1020370 0 MACMILLAN SARAH DOUD HEAD OF FORUM AND LEARNING 197938 42000 6450 21195 267583 0 SARKAR AJAY SALESFORCE TECHNOLOGIES DIRECT 225585 22110 8336 1474 257505 0 FOX GARETH CHEIF PEOPLE OFFICER 262790 36960 0 3917 5868 309535 0 ONG KEN CHIEF PEOPLE OFFICER 242010 0 0 5400 11965 259375 0 MALLOW KIRSTEN KAY HEAD OF CHAMPION EXPERIENCE 180371 35000 0 8319 12623 236313 0 BENEFIT PROVIDED TO OFFICERS FORM 990, SCHEDULE J, LINE 1A THE CEO AND EXECUTIVE LEADERSHIP TEAM ARE ALLOWED TO TRAVEL BUSINESS CLASS WHEN TRAVEL EXCEEDS 4 HOURS. The CEO is allowed to bring his/her spouse to board meetings and YPO pays for the spouse's airfare. PERSON RECEIVED A SEVERANCE PAYMENT OR CHANGE OF CONTROL PAYMENT FORM 990, SCHEDULE J, LINE 4A THE FOLLOWING PERSONS RECEIVED A SEVERANCE PAYMENT FOR 2022 MAHAN,TRIPP $144,400 BUTTREY,KAREN $135,000 COLLINS,SUSANNAH $129,491 members or stockholders FORM 990, PART VI, LINE 6: YPO IS a membership organization. elect one or more members of the governing body FORM 990, PART VI, LINE 7A: This is a part of YPO'S governing structure as a membership organization. decisions of the governing body FORM 990, PART VI, LINE 7B: All Members of the organization receive an annual proxy mailing notifying them of the Annual Meeting of the Members of YPO, Inc. The primary purposes of this Annual Meeting will be to: 1) elect the YPO Regional Elected Directors whose Board terms are to begin this upcoming fiscal year, and 2) approve the auditors for the upcoming fiscal year-end audit. Members can either vote electronically or they can vote to approve two members to be their proxy. REVIEW PROCESS FORM 990, part vi, line 11b: A copy of the 990 is provided to the organization for review by the Chief Executive Officer, Chief Financial Officer, Chief Human Resources Officer, and Operations Director, Accounting and Treasury. Changes/corrections are made. A final draft is sent to and reviewed by the Finance Committee. Additional changes/corrections are made, if needed. Then the final copy of the 990 is reviewed by the Board of Directors before being filed. regularly and consistently monitor and enforce compliance with the policy FORM 990, PART VI, LINE 12C: Upon election to the Board of Directors for a 3 year term, a director is required to sign a comprehensive Conflict of Interest as outlined in the organization's governing document, the Policy & Procedures Manual. Upon hiring, all employees are required to sign a comprehensive Conflict of Interest as part of the employment documentation. It is part of the functions and responsibilities of the Global Conduct Committee for the organization to monitor and enforce compliance related to conflict of interest matters. process for determining compensation FORM 990, PART VI, LINE 15 A & B: The Compensation Philosophy of the organization provides a total compensation structure based on a market analysis approved by the Compensation Committee and Board of Directors. Compensation for executive positions fall within the 80-120% of the 75th percentile target. Up to a 50th percentile target of local markets is targeted to total compensation for other staff positions (non-executive), including consideration for market pricing, geography, and associate experience. available to the public FORM 990, PART VI, LINE 19: Available to members on our member website and to businesses we are working with BY request.