2024-10-14T11:06:01-05:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 841773149 WIRELESS POWER CONSORTIUM INC WIRE 2029335055 4315 50TH STREET NW SUITE 100 73 WASHINGTON DC 20016 PAUL STRUHSAKER EXECUTIVE DIRECTOR 2029335055 2024-10-14 1 0 ELIZABETH W HELLER P00397829 3019519090 2023 2024-10-15 13:58:12Z PAUL STRUHSAKER 4315 50TH STREET NW SUITE 100 7344 WASHINGTON DC 20016 6069396 0 X WWW.WIRELESSPOWERCONSORTIUM.COM X 2019 DC SEE PART III, LINE 1. 9 9 9 249 0 0 0 0 6242698 5846668 0 216872 2037 5856 6244735 6069396 0 0 0 0 240694 2173721 0 0 0 5568847 6646459 5809541 8820180 435194 -2750784 14734752 13378511 6637941 8032484 8096811 5346027 WIRELESS POWER CONSORTIUM IS AN OPEN, STANDARDS DEVELOPMENT ORGANIZATION. OUR MEMBERS COLLABORATE WITH A SINGLE PURPOSE: WORLDWIDE COMPATIBILITY OF ALL WIRELESS CHARGERS AND WIRELESS POWER SOURCES. 0 0 BOARD OF DIRECTORS APPROVED THE FINAL DRAFT VERSIONS OF THE QI V2.0 INTERFACE SPECIFICATION AND THE V2.0 MPP TEST TOOL SPECIFICATIONS. QI V2.0 SOFT LAUNCH BEGAN OCTOBER, 2023 ENABLING MEMBERS TO TEST AND CERTIFY QI V2.0 PRODUCTS. WPC ALSO APPROVED THE COMMERCIAL REQUIREMENTS AND BEGAN STANDARDS DEVELOPMENT FOR QI FAST CHARGING. SIGNIFICANT CHANGES AND IMPROVEMENTS MADE IN THE QUALITY AND OPERATIONS ORGANIZATIONS. WPC REVISED ITS TEST PLATFORM VALIDATION PROCESSES, TEST LAB AUTHORIZATION PROCESSES AND PRODUCT CERTIFICATION PROCESSES. WPC LAUNCHED NEW PRODUCT CERTIFICATION PLATFORM AND TEST RESULTS DATABASE. CHANGES ENABLE WPC TO SUPPORT MULTIPLE STANDARDS CONCURRENTLY AND SCALE OPERATIONS AND CERTIFICATION ACTIVITIES. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 1 9 1 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X TJ ZSEMBA 2029335055 4315 50TH STREET NW SUITE 100 7344 WASHINGTON DC 20016 FADY MISHRIKI CHAIR 4.00 X X 0 0 0 TONY FRANCESCA VICE CHAIR 4.00 X X 0 0 0 BERND ECKERT BOARD DIRECTOR 4.00 X 0 0 0 HANS KABLAU BOARD DIRECTOR 4.00 X 0 0 0 VAMSHIDHAR KANDALLA BOARD DIRECTOR 4.00 X 0 0 0 SE HO PARK BOARD DIRECTOR 4.00 X 0 0 0 YONGCHEOL PARK BOARD DIRECTOR 4.00 X 0 0 0 VLADIMIR MURATOV BOARD DIRECTOR 4.00 X 0 0 0 LIYU WANG BOARD DIRECTOR 4.00 X 0 0 0 VACLAV HALBICH BOARD DIRECTOR (UNTIL 9/2023) 4.00 X 0 0 0 PAUL STRUHSAKER EXECUTIVE DIRECTOR 40.00 X 360083 0 22640 T J ZSEMBA TREASURER 15.00 X 0 0 0 VIGDIS BRONDER SECRETARY 2.00 X 0 0 0 MITCH KETTRICK DIRECTOR OF QUALITY 40.00 X 232875 0 22753 MICHAEL ECKERT DIR. OF OPERATIONS (FROM 1/2023) 40.00 X 229167 0 15861 ROHIT GOYAL DIR. OF PROGRAM MANAGEMENT OFFICE 40.00 X 234576 0 27393 DOUGLAS WARD DIRECTOR OF IT 40.00 X 194907 0 6174 VINAY SUBRAMANI PROGRAM MANAGER 40.00 X 142458 0 21227 FRANKLIN ROSE TEST ENGINEER 40.00 X 133100 0 22599 KAREEM HABIB TEST ENGINEER (UNTIL 3/2023) 40.00 X 102564 0 6496 1629730 0 145143 9 0 1 0 ADMINISTAFF INC (INSPERITY) 19001 CRESCENT SPRINGS DRIVE KINGWOOD TX 77339 PROFESSIONAL EMPLOYER ORGANIZATION 2019471 PRELUDE EVENT ARCHITECTS CALLE MENDEZ NUNEZ 11 2-1 - 08003 BARCELONA SP MEMBER MEETING PLANNING AND HOSTING 1734064 EXHIBIT CONCEPTS INC 700 CROSSROADS COURT VANDALIA OH 45377 TRADESHOW SUPPORT 536531 HUGO & CAT US 622 THIRD AVENUE NEW YORK NY 10017 SYSTEM DESIGN AND DEVELOPMENT 422756 NIEULANDE SOLUTIONS SASU 112 AVE DU PIN DE LA MIOLANE SAINT CYR SUR MER FR MARKET EDUCATION AND TRADEMARK ENFORCEME 381932 13 MEMBERSHIP DUES 900099 5228691 5228691 MEETING REG. FEES 900099 298200 298200 ECOSYSTEM FEES 900099 155000 155000 MSCP FEES 900099 117339 117339 TEST BED PRODUCT EXT. 900099 47438 47438 5846668 216872 216872 EXCHANGE GAIN 900099 5856 5856 5856 6069396 5846668 0 222728 X 883379 1078311 34925 61074 116032 25000 325994 45122 2764521 696906 34179 596245 22282 376516 1428230 2067 27907 37497 BAD DEBT 155983 MISCELLANEOUS 81262 DUES & SUBSCRIPTIONS 26748 8820180 10652736 8055600 3507968 4124058 557022 935282 233766 27907 0 205859 17026 57712 14734752 13378511 759331 683718 5878610 7325400 0 23366 6637941 8032484 X 8096811 5346027 8096811 5346027 14734752 13378511 -2750784 0 X 0 0 0 0 1 0 233766 27907 205859 205859 LEASE LIABILITY 23366 23366 EUROPE 0 19 PROGRAM SERVICES LOGO ADMINISTRATION & MARKET INSPECTION, CONFERENCE & MEETING SERVICES, WORKGROUP SUPPORT, TECHNICAL SERVICES, MARKET EDUCATION, PROFESSIONAL EMPLOYER ORGANIZATION, SOFTWARE & TECHNOLOGY INFRASTRUCTURE, TRADESHOW EVENTS, PRODUCT TESTING 3040227 EAST ASIA AND THE PACIFIC 0 9 PROGRAM SERVICES WORKGROUP SUPPORT, PRODUCT TESTING, TECHNICAL SERVICES, CONFERENCE & MEETING SERVICES 466913 0 28 0 0 0 28 3507140 0 3507140 0 0 0 0 0 0 X 0 0 0 PAUL STRUHSAKER EXECUTIVE DIRECTOR 252083 0 83000 0 25000 0 12031 0 10609 0 382723 0 0 0 ROHIT GOYAL DIR. OF PROGRAM MANAGEMENT OFFICE 202500 0 32076 0 0 0 11243 0 16150 0 261969 0 0 0 MITCH KETTRICK DIRECTOR OF QUALITY 202500 0 30375 0 0 0 11644 0 11109 0 255628 0 0 0 MICHAEL ECKERT DIR. OF OPERATIONS (FROM 1/2023) 199167 0 30000 0 0 0 0 0 15861 0 245028 0 0 0 DOUGLAS WARD DIRECTOR OF IT 177188 0 17719 0 0 0 6054 0 120 0 201081 0 0 0 VINAY SUBRAMANI PROGRAM MANAGER 129458 0 13000 0 0 0 6608 0 14619 0 163685 0 0 0 FRANKLIN ROSE TEST ENGINEER 121000 0 12100 0 0 0 6655 0 15944 0 155699 0 0 0 BIDDLE LAW PC VIGDIS BRONDER, WPC SECRETARY, IS A PARTNER AT BIDDLE LAW 325909 BIDDLE LAW PROVIDED LEGAL SERVICES TO WPC. 0 AKCIO LLC TJ ZSEMBA, WPC TREASURER OWNS AKCIO LLC 252713 AKCIO PROVIDED CONSULTING SERVICES TO WPC. 0 ARRASAR PARTNERS LLC PAUL STRUHSAKER, EXECUTIVE DIRECTOR, OWNS ARRASAR PARTNERS 25000 ARRASAR PARTNERS PROVIDED MANAGEMENT SERVICES TO WPC 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION APPOINTED A MANAGEMENT COMPANY, ARRASAR PARTNERS LLC TO ACT AS ITS AGENT TO CONDUCT THE MANAGEMENT IN ALL ASPECTS TO INCLUDE GENERAL ACTIVITIES, BOARD AND COMMITTEE SUPPORT, FINANCIAL MANAGEMENT, TECHNOLOGY AND WEBSITE MANAGEMENT, MARKETING AND COMMUNICATIONS, PROGRAM MANAGEMENT, AND REGULATORY COMPLIANCE. ARRASAR PARTNER'S LLC EMPLOYED PAUL STRUHSAKER, WHO SERVES AS WIRELESS POWER CONSORTIUM'S EXECUTIVE DIRECTOR. COMPENSATION PAID TO THE MANAGEMENT COMPANY IS REFLECTED IN PART IX, LINE 11A, AS WELL AS ON SCHEDULE L, PART IV. EFFECTIVE FEBRUARY 1, 2023, WPC WAS NO LONGER USING A MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS COMPRISED OF DUES PAYING MEMBERS. THE ORGANIZATION HAS THE FOLLOWING CLASSES OF MEMBERSHIP: 1. REGULAR MEMBERSHIP 2. ADOPTER MEMBERSHIP 3. ASSOCIATE MEMBERSHIP 4. AFFILIATED ENTITY MEMBERSHIP FORM 990, PART VI, SECTION A, LINE 7A REGULAR MEMBERS IN GOOD STANDING ARE ENTITLED TO ELECT THE ORGANIZATIONS GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B REGULAR MEMBERS IN GOOD STANDING ARE ENTITLED TO VOTE ON AMENDMENTS OF THE ARTICLES OF INCORPORATION, BYLAWS, IPR POLICY, AND THE ANTITRUST POLICY. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO OTHER COMMITTEES ACTING ON BEHALF OF THE ORGANIZATION OR ITS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE EXECUTIVE DIRECTOR. A COPY OF THE RETURN IS REVIEWED AT A BOARD OF DIRECTORS MEETING PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IN DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS, AFTER DISCLOSURE OF THE POTENTIAL CONFLICT OF INTEREST, FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE EXCUSES HIMSELF/HERSELF FROM THE BOARD OR AUTHORIZED COMMITTEE MEETING WHILE THE DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXISTS IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR AUTHORIZED COMMITTEE MEMBERS DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. ALL RECORDS OF PROCEEDINGS ARE MAINTAINED IN THE MINUTES OF THE BOARD OR AUTHORIZED COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION WAS SET IN 2022 VIA A COMPETITIVE PLACEMENT PROCESS WHERE COMPENSATION WAS THE MARKET RATE AT THE TIME OF PLACEMENT. WHEN THE EXECUTIVE DIRECTOR TRANSITIONED FROM AN INDEPENDENT CONTRACTOR TO AN EMPLOYEE IN 2023, EMPLOYEE COMPENSATION WAS SET TO THE EQUIVALENT RATE, IN DISCUSSIONS WITH THE CHAIR AND THE VICE CHAIR OF THE BOARD. WPC CONSIDERS MARKET SALARY INFORMATION IN DETERMINING WHAT, IF ANY, EMPLOYEE SALARY ADJUSTMENTS TO MAKE. THIS REVIEW IS PERFORMED ANNUALLY DURING WPC'S BUDGET SETTING PROCESS. THE BOARD OF DIRECTORS APPROVE A STRATEGIC AND OPERATIONAL PLAN FOR WPC ANNUALLY THAT SETS ORGANIZATIONAL GOALS FOR THE UPCOMING YEAR. THE ORGANIZATIONAL GOALS ARE TRANSLATED INTO INDIVIDUAL GOALS FOR THE OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. WPC THEN SCORES ATTAINMENT OF ORGANIZATIONAL AND INDIVIDUAL GOALS IN DETERMINING WHAT, IF ANY, BONUS COMPENSATION TO BE PAID. SCORING AND PAYMENT OF BONUS COMPENSATION IS MADE AT YEAR-END FOR THE CURRENT CALENDAR YEAR. THE LAST COMPENSATION REVIEW PLACE IN DECEMBER 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE ON WPC'S WEBSITE ACCESSIBLE BY MEMBERS ONLY, AND AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING SERVICES 2,393,972. TRANSLATION SERVICES 3,811. TECHNICAL WRITING & EDITING 188,433. TESTING EXPENSES 86,301. MARKET INSPECTION 92,004.