2024-11-14T14:44:10-06:00 2023-12-31 611436956 NOVAK FRANCELLA LLC 40 MONUMENT RD 5TH FLR BALA CYNWYD PA 19004 990 2023-01-01 770517904 GLOBAL EQUITY ORGANIZATION GLOB 7146302908 1442 E LINCOLN AVE 487 ORANGE CA 92865 ROBERT PURSER TREASURER 9492365600 2024-11-14 1 0 LOUIS VERZELLA CPA P00360279 6106689400 2024-11-08 2023 2024-10-15 13:58:12Z THOMAS PALEKA 1442 E LINCOLN AVE 487 ORANGE CA 92865 1898010 0 X WWW.GLOBALEQUITY.ORG X 1999 CA THE GLOBAL EQUITY ORGANIZATION (GEO) IS A MEMBER-FOUNDED AND MEMBER-DRIVEN NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ADVANCING KNOWLEDGE AND UNDERSTANDING OF EQUITY COMPENSATION WORLDWIDE THROUGH A GLOBAL COMMUNITY OF WELL-INFORMED PROFESSIONALS. 26 25 12 50 0 0 106200 0 1710049 1897576 343 434 118437 0 1935029 1898010 0 0 0 0 660195 628694 0 0 0 1355534 1466846 2015729 2095540 -80700 -197530 2152989 2106214 1806000 1972843 346989 133371 X THE GLOBAL EQUITY ORGANIZATION (GEO) IS A MEMBER-FOUNDED AND MEMBER-DRIVEN NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ADVANCING KNOWLEDGE AND UNDERSTANDING OF EQUITY COMPENSATION WORLDWIDE THROUGH A GLOBAL COMMUNITY OF WELL-INFORMED PROFESSIONALS. 0 0 ANNUAL CONFERENCETHE 24TH ANNUAL CONFERENCE OF THE GLOBAL EQUITY ORGANIZATION (GEO) WAS HELD IN EDINBURGH, SCOTLAND IN APRIL 2023. THE CONFERENCE ATTRACTED APPROXIMATELY 375 DELEGATES FROM 24 COUNTRIES FOR A MEETING THAT INCLUDED MORE THAN 70 EDUCATIONAL, NETWORKING AND BUSINESS DEVELOPMENT SESSIONS AND OPPORTUNITIES. IN TOTAL, THE CONFERENCE PROVIDED MORE THAN 60 HOURS OF PROFESSIONAL DEVELOPMENT OPTIONS FOR DELEGATES. WEB BASED EDUCATION AND LOCAL CHAPTER MEETINGS GEO CONTINUED TO SUPPORT OUR MISSION TO BRING SHARE PLAN EDUCATION TO PARTICIPANTS AROUND THE GLOBE WITH A FOCUS ON REGULAR, RECURRING LIVE WEB-BASED SESSIONS THROUGHOUT THE YEAR, PRODUCED BOTH REGIONALLY BY GEO'S LOCAL CHAPTERS AND FROM THE ORGANIZATION CENTRALLY. IN 2023, THE ORGANIZATION SERVED OUR GLOBAL MEMBERSHIP OF NEARLY 5,000 MEMBERS WITH FREE PROGRAMMING THAT INCLUDED WEBCASTS, VIRTUAL AND IN-PERSON LOCAL CHAPTER MEETINGS AS WELL AS GEO'S NORTHERN CALIFORNIA FORUM AND THE PAN EUROPEAN REGIONAL EVENT HELD IN BERLIN, GERMANY. MEMBER RESOURCESIN ADDITION TO OUR GEOGRAPHICALLY DIVERSE CONFERENCE AND REGIONAL EVENTS, GEO PROVIDED OUR MEMBERS A SUITE OF SERVICES INCLUDING ON DEMAND EDUCATION VIA OUR LEARNING MANAGEMENT SYSTEM, OUR MONTHLY GEOINSIGHTS E-NEWSLETTER, OUR REPOSITORY OF GLOBAL SHARE PLAN INFORMATION HOUSED ON THE GEO WEBSITE AND UPDATED DAILY, OUR ANNUAL GLOBAL EQUITY INSIGHTS SURVEY AND GLOBAL SHARE PLAN RANKINGS STUDY (AVAILABLE TO GEO MEMBERS), UNLIMITED ACCESS TO OUR PRIVATE ONLINE COMMUNITY, GEOCONNECT, WHERE MEMBERS CAN ASK AND ANSWER QUESTIONS WITH COLLEAGUES AROUND THE WORLD 24 HOURS A DAY, 7 DAYS A WEEK AND OUR SELECTION OF HONORARY PROGRAMS SUCH AS GEO FELLOWS, GEO FUTURE LEADERS AND GEO AWARDS, AS WELL AS VARIOUS VOLUNTEER OPPORTUNITIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 1 12 1 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 CA X MICHELE HOLLY 7146302908 1442 E LINCOLN AVE 487 ORANGE CA 92865 WILLIAM CASTELLANO DIRECTOR 4.00 X 0 0 0 THOMAS PALEKA DIRECTOR & VICE CHAIR 4.00 X X 0 0 0 SHEILA FRIERSON DIRECTOR & TREASURER 4.00 X X 0 0 0 MITAN PATEL DIRECTOR 4.00 X 0 0 0 MATT CONNOR DIRECTOR & SECRETARY 4.00 X X 0 0 0 MARIA ROBINS DIRECTOR 4.00 X 0 0 0 MARC MUNTERMANN DIRECTOR 4.00 X 0 0 0 LEANN BALBONA DIRECTOR 4.00 X 0 0 0 JUNE DAVENPORT DIRECTOR 4.00 X 0 0 0 JULIE VANDER VEEN DIRECTOR 4.00 X 0 0 0 JESSICA VINSAND DIRECTOR 4.00 X 0 0 0 HANNAH NEEDLE DIRECTOR 4.00 X 0 0 0 DENNIS PAALMAN DIRECTOR & CHAIR 5.00 X X 0 0 0 ADIE LEUNG DIRECTOR 4.00 X 0 0 0 LINDSAY MINNIS DIRECTOR 4.00 X 0 0 0 AMELIE DESROCHERS DIRECTOR 4.00 X 0 0 0 ROBERT PURSER DIRECTOR 4.00 X 0 0 0 AMY REBACK DIRECTOR 4.00 X 0 0 0 SANDRA SUSSMAN DIRECTOR 4.00 X 0 0 0 MAYA WRIGHT DIRECTOR 4.00 X 0 0 0 TARA HAGEN DIRECTOR 4.00 X 0 0 0 GABRIELLE STOPP DIRECTOR 4.00 X 0 0 0 ANABEL PICHLER DIRECTOR 4.00 X 0 0 0 DAVID EDWARDS DIRECTOR 4.00 X 0 0 0 MICHELLE TOMASETTI DIRECTOR 4.00 X 0 0 0 DANYLE ANDERSON EXECUTIVE DIRECTOR/DIRECTOR 40.00 X 12132 0 330 JEANE WHARTON EXECUTIVE DIRECTOR 40.00 X 55058 0 416 PAMELA STETSON MANAGING DIRECTOR, EVENTS 40.00 X 113832 0 816 181022 0 1562 1 0 0 0 MULTIPLIER TECHNOLOGIES PTE LTD 20A TANJONG PAGAR ROAD SN 088443 EMPLOYER OF RECORD SERVICES 207603 1 CONFERENCE AND MEETING 611710 1367495 1367495 MEMBERSHIP 561499 489840 489840 BRANDED SURVEY SPONSOR 611710 21676 21676 FELLOWS ANNUAL PROGRAM 900099 18565 18565 1897576 434 434 1898010 1897576 0 434 X 67864 471781 4415 42373 42261 7850 361996 4272 56949 97028 6199 844052 37126 37801 10934 SUBSCRIPTIONS AND MEMBE 1154 NASBA LICENSE 1085 EDUCATION, TRAINING AND 400 2095540 1510805 1497325 250101 250535 92715 125015 235032 121913 8883 3791 3362 5092 60974 106334 2152989 2106214 92523 73441 227059 447083 1486418 1452319 1806000 1972843 X 0 0 0 0 346989 133371 346989 133371 2152989 2106214 X -197530 -16088 X 0 0 0 8883 3791 5092 5092 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 ANNUAL CONFERENCE AND REGIONAL MEETINGS PROGRAM SERVICE 753830 0 0 0 0 0 0 753830 0 753830 0 0 0 0 0 0 REWARD WORKS ENTITY MORE THAN 35% OWNED BY DENNIS PAALMAN, DIRECTOR AND CHAIR 49895 INDEPENDENT CONTRACTOR ARRANGEMENT 0 FORM 990, PART IV, LINE 14A: ALL EMPLOYEES OF THE ORGANIZATION WORK VIRTUALLY FROM VARIOUS LOCATIONS, INCLUDING LOCATIONS OUTSIDE OF THE UNITED STATES. THE GLOBAL EQUITY ORGANIZATION DOES NOT MAINTAIN OFFICES OR AGENTS OUTSIDE OF THE UNITED STATES. HOWEVER, THE ORGANIZATION DOES USE INDEPENDENT CONTRACTORS WHO HAVE THEIR OWN OFFICES LOCATED OUTSIDE OF THE UNITED STATES. FORM 990, PART VI, SECTION A, LINE 6 GLOBAL EQUITY ORGANZIATION DOES NOT HAVE ANY STATUTORY MEMBERS, AS THAT TERM IS DEFINED UNDER CHAPTER 3 OF CALIFORNIA'S NONPROFIT MUTUAL BENEFIT CORPORATION LAW, PROVIDED FOR UNDER ITS GOVERNING DOCUMENTS, WHO EITHER UNDER STATE LAW (IN GLOBAL EQUITY ORGANIZATION'S CASE, CALIFORNIA) OR THE GOVERNING DOCUMENTS HAVE THE RIGHT TO PARTICIPATE IN GLOBAL EQUITY ORGANIZATION'S GOVERNANCE OR TO RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS FROM GLOBAL EQUITY ORGANIZATION. HOWEVER, GLOBAL EQUITY ORGANIZATION DOES HAVE MANY INDIVIDUALS AROUND THE WORLD WHO HAVE CHOSEN TO PARTICIPATE IN GLOBAL EQUITY ORGANIZATION, WHO POSSESS THE LABEL OF "MEMBER AND WHO HAVE CERTAIN RIGHTS AND PRIVILEGES DETERMINED BY GLOBAL EQUITY ORGANIZATION'S BOARD OF DIRECTORS. ONE OF THOSE RIGHTS PROVIDED BY THE BOARD IS THE ABILITY TO VOTE ON THE ELECTION OF INDIVIDUALS TO GLOBAL EQUITY ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A GLOBAL EQUITY ORGANZIATION DOES NOT HAVE ANY STATUTORY MEMBERS, AS THAT TERM IS DEFINED UNDER CHAPTER 3 OF CALIFORNIA'S NONPROFIT MUTUAL BENEFIT CORPORATION LAW, PROVIDED FOR UNDER ITS GOVERNING DOCUMENTS, WHO EITHER UNDER STATE LAW (IN GLOBAL EQUITY ORGANIZATION'S CASE, CALIFORNIA) OR THE GOVERNING DOCUMENTS HAVE THE RIGHT TO PARTICIPATE IN GLOBAL EQUITY ORGANIZATION'S GOVERNANCE OR TO RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS FROM GLOBAL EQUITY ORGANIZATION. HOWEVER, GLOBAL EQUITY ORGANIZATION DOES HAVE MANY INDIVIDUALS AROUND THE WORLD WHO HAVE CHOSEN TO PARTICIPATE IN GLOBAL EQUITY ORGANIZATION, WHO POSSESS THE LABEL OF "MEMBER AND WHO HAVE CERTAIN RIGHTS AND PRIVILEGES DETERMINED BY GLOBAL EQUITY ORGANIZATION'S BOARD OF DIRECTORS. ONE OF THOSE RIGHTS PROVIDED BY THE BOARD IS THE ABILITY TO VOTE ON THE ELECTION OF INDIVIDUALS TO GLOBAL EQUITY ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B COMPLETED FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND, SUBSEQUENTLY, BY THE TREASURER OF THE BOARD OF DIRECTORS AND IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS BY E-MAIL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C GLOBAL EQUITY ORGANIZATION MAINTAINS A CONFLICT OF INTEREST POLICY THAT COVERS ALL OF ITS OFFICERS, DIRECTORS, AND KEY EMPLOYEES ("COVERED PERSONS"). EACH COVERED PERSON IS REQUIRED TO DISCLOSE EITHER AT THE TIME OF BECOMING A COVERED PERSON OR, IF ALREADY A COVERED PERSON, ANNUALLY, ANY POTENTIAL CONFLICTS OF INTEREST. IN ADDITION, IF A MATTER ARISES THAT PRESENTS A POTENTIAL CONFLICT OF INTEREST, IT IS REFERRED TO THE EXECUTIVE DIRECTOR (OR, IF THE POTENTIAL CONFLICT INVOLVES THE EXECUTIVE DIRECTOR, A MEMBER OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS) FOR INVESTIGATION AND RECOMMENDATION FOR FURTHER ACTION. TO DATE, NO MATTER HAS BEEN RAISED THAT HAS PRESENTED A CONFLICT OF INTEREST UNDER THE TERMS OF GLOBAL EQUITY ORGANIZATION'S CONFLICT OF INTEREST POLICY AND THEREFORE, NO ENFORCEMENT HAS BEEN REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 THE ANNUAL COMPENSATION FOR GLOBAL EQUITY ORGANIZATION'S EXECUTIVE DIRECTOR WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, EACH OF WHOM IS AN INDEPENDENT PERSON, AND THE EXECUTIVE COMMITTEE CONTEMPORANEOUSLY DOCUMENTED THE DECISION AND ITS DELIBERATION PROCESS. GIVEN THE UNIQUE NATURE OF GLOBAL EQUITY ORGANIZATION AS A SMALL BUT THOROUGHLY MULTINATIONAL PROFESSIONAL TRADE ASSOCIATION, THERE ARE VERY FEW SIMILARLY SITUATED ORGANIZATIONS, AND THUS, THE EXECUTIVE COMMITTEE RELIED ON ITS JUDGEMENT REGARDING THE EXECUTIVE DIRECTOR'S QUALIFICATIONS AND BACKGROUND, RATHER THAN COMPARABILITY DATA, IN APPROVING THE EXECUTIVE DIRECTOR'S COMPENSATION. GLOBAL EQUITY ORGANIZATION DID NOT COMPENSATE ANY OTHER OFFICERS OR KEY EMPLOYEES AND THUS THERE WERE NO COMPENSATION DETERMINATIONS FOR SUCH PERSON. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G EMPLOYER OF RECORD SERVICES 207,603. GRAPHIC DESIGNER 13,494. ADMINISTRATIVE SERVICES 78,795. RESEARCH SERVICES 2,532. RETIREMENT PLAN SERVICES 2,976. LEADERSHIP CONSULTING 49,895. PAYROLL SERVICES 6,701. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY EXCHANGE GAIN/LOSS -16,088.