2024-11-14T17:27:11-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-01-01 363297751 SOCIETY OF AMERICAN BUSINESS EDITORS AND WRITERS SOCI 6782097127 555 N CENTRAL AVE STE 302 PHOENIX AZ 85004 STEPHANIE KLIMSTRA EXECUTIVE DIRECTOR 6782097127 2024-11-13 1 1 ANN NEIL P01817922 6123764500 2024-11-10 2023 2024-10-15 13:58:12Z STEPHANIE KLIMSTRA 555 N CENTRAL AVE STE 302 PHOENIX AZ 85004 406578 0 X HTTPS://SABEW.ORG/ X 2009 AZ MEMBERS OF THE SOCIETY FOR ADVANCING BUSINESS EDITING AND WRITING (SABEW) BAND TOGETHER IN THE INDIVIDUAL AND COLLECTIVE PURSUIT OF THE HIGHEST STANDARDS OF ECONOMIC JOURNALISM. IT IS SABEW'S MISSION AS AN INDEPENDENT, NON-PROFIT ORGANIZATION TO ENCOURAGE COMPREHENSIVE REPORTING OF ECONOMIC EVENTS WITHOUT FEAR OR FAVORITISM AND TO INCREASE MEMBERS' SKILLS AND KNOWLEDGE THROUGH CONTINUOUS EDUCATION. 21 21 5 30 1550 0 389059 135981 29402 254848 4329 14199 0 1550 422790 406578 0 0 0 0 275715 264953 0 0 5256 173637 223852 449352 488805 -26562 -82227 661476 578300 193253 177476 468223 400824 X MEMBERS OF THE SOCIETY FOR ADVANCING BUSINESS EDITING AND WRITING (SABEW) BAND TOGETHER IN THE INDIVIDUAL AND COLLECTIVE PURSUIT OF THE HIGHEST STANDARDS OF ECONOMIC JOURNALISM. IT IS SABEW'S MISSION AS AN INDEPENDENT, NON-PROFIT ORGANIZATION TO ENCOURAGE COMPREHENSIVE REPORTING OF ECONOMIC EVENTS WITHOUT FEAR OR FAVORITISM AND TO INCREASE MEMBERS' SKILLS AND KNOWLEDGE THROUGH CONTINUOUS EDUCATION. SABEW'S FIRST AMENDMENT COMMITTEE SUPPORTS PRESS FREEDOM THROUGH STATEMENTS, EVENTS AND TRAINING ABOUT THE IMPORTANCE OF JOURNALISM, INCLUDING THE PRINCIPLE THAT FACT-BASED REPORTING IS NECESSARY FOR THE HEALTH OF ROBUST DEMOCRACIES. SABEW ADVOCATES FOR FULL ACCESS TO FINANCIAL AND ECONOMIC DATA, INCLUDING INFORMATION COLLECTED AND DISTRIBUTED BY GOVERNMENTS. SABEW ALSO HOLDS AN ANNUAL BEST IN BUSINESS AWARDS COMPETITION, RECOGNIZING OUTSTANDING JOURNALISM CONDUCTED IN THE U.S. AND ABROAD AMONG PROFESSIONALS AND STUDENTS. 0 0 108486 0 254848 MEMBERS OF SABEW BAND TOGETHER IN THE INDIVIDUAL AND COLLECTIVE PURSUIT OF THE HIGHEST STANDARDS OF ECONOMIC JOURNALISM. THE ORGANIZATION RECOGNIZES THAT ECONOMIC FREEDOM IS INEXTRICABLY LINKED TO POLITICAL FREEDOM AND THAT AN INFORMED CITIZENRY CAN ENSURE THESE FREEDOMS ARE SUSTAINED. IT IS SABEW'S MISSION AS AN INDEPENDENT NON-PROFIT ORGANIZATION TO ENCOURAGE COMPREHENSIVE REPORTING OF ECONOMIC EVENTS WITHOUT FEAR OR FAVORITISM AND TO INCREASE MEMBERS SKILLS AND KNOWLEDGE THROUGH CONTINUOUS EDUCATION. SABEW RECENTLY HAS BECOME MORE FOCUSED ON PRESS FREEDOM. TO THAT END, IT HAS ISSUED STATEMENTS AND CREATED EVENTS AND TRAINING HIGHLIGHTING THE IMPORTANCE OF JOURNALISM, INCLUDING THE PRINCIPAL THAT FACT-BASED REPORTING IS NECESSARY FOR THE HEALTH OF ROBUST DEMOCRACIES. SABEW ADVOCATES FOR FULL ACCESS TO FINANCIAL AND ECONOMIC DATA, INCLUDING INFORMATION COLLECTED AND DISTRIBUTED BY GOVERNMENTS. SABEW ALSO HOLDS AN ANNUAL BEST IN BUSINESS AWARDS COMPETITION, RECOGNIZING OUTSTANDING JOURNALISM CONDUCTED IN THE US AND ABROAD AMONG PROFESSIONALS AND STUDENTS. 26210 0 0 WALTER & KARLA GOLDSCHMIDT FOUNDATION FUNDS TWO PROGRAMS. THE FRED ADVANCED DATA TRAINING WORKSHOP FELLOWS HAVE THE OPPORTUNITY TO VISIT THE FEDERAL RESERVE BANK OF ST. LOUIS TO LEARN ABOUT ECONOMIC DATA; DISCOVER HOW TO GRAPH DIFFERING TYPES OF FRED DATA; LEARN ABOUT NEW DATA RELEASES; EXPLORE DATA AND SPECIAL REPORTS THAT CAN HELP YOU CREATE NEW STORIES; HEAR FROM SPEAKERS WHO WILL DISCUSS HOW THEY TAKE THE PULSE OF THE AMERICAN ECONOMY, FEED THAT INFORMATION TO THE FEDERAL OPEN MARKET COMMITTEE (FOMC) AND INFLUENCE INTEREST RATE DECISIONS.THE GOLDSCHMIDT FELLOWSHIP FIVE-DAY DATA IMMERSION WORKSHOP FELLOWS WILL INTERACT WITH REPRESENTATIVES FROM GOVERNMENTAL AND NON-GOVERNMENTAL AGENCIES THAT PRODUCE THE DATA THAT BUSINESS JOURNALISTS USE EVERY DAY. THESE SESSIONS EXPAND THE JOURNALISTS' KNOWLEDGE OF ECONOMIC DATA WHILE HELPING GOVERNMENT AGENCIES BETTER TAILOR THAT DATA TO INFORM THE PUBLIC. 7700 0 0 NATIONAL ENDOWMENT FOR FINANCIAL EDUCATION (NEFE)STUDENTS WHO WRITE FOR THE COLLEGE CONNECT BLOG DESCRIBE THEIR OWN EXPERIENCES HANDLING AND MANAGING MONEY AND CREDIT. THIS PERSONAL FINANCE BLOG PROJECT IS FUNDED BY DENVER-BASED NATIONAL ENDOWMENT FOR FINANCIAL EDUCATION (NEFE). 142396 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 5 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X STEPHANIE KLIMSTRA 6782097127 555 N CENTRAL AVE STE 302 PHOENIX AZ 85004 DESIREE HANFORD PRESIDENT 5.00 X X 0 0 0 JAMES B NELSON VICE-PRESIDENT 5.00 X X 0 0 0 PIA SARKAR SECRETARY/TREASURER 5.00 X X 0 0 0 REBECCA BAKER DIRECTOR 5.00 X 0 0 0 ROBERT BARBA DIRECTOR 5.00 X 0 0 0 RICH BARBIERI DIRECTOR 5.00 X 0 0 0 ROMAINE BOSTICK DIRECTOR 5.00 X 0 0 0 DAVID CROW DIRECTOR 5.00 X 0 0 0 ALAN DEUTSCHMAN DIRECTOR 5.00 X 0 0 0 NANCY FARGHALLI DIRECTOR 5.00 X 0 0 0 MATTHEW GOLDBERG DIRECTOR 5.00 X 0 0 0 KELLI GRANT DIRECTOR 5.00 X 0 0 0 KRISTEN HALLAM DIRECTOR 5.00 X 0 0 0 JENNIFER LIBERTO DIRECTOR 5.00 X 0 0 0 DEAN MURPHY DIRECTOR 5.00 X 0 0 0 JANELLE NANOS DIRECTOR 5.00 X 0 0 0 BRIAN SOZZI DIRECTOR 5.00 X 0 0 0 OLIVER STALEY DIRECTOR 5.00 X 0 0 0 JAMES T MADORE DIRECTOR 5.00 X 0 0 0 STACEY VANEK SMITH DIRECTOR 5.00 X 0 0 0 SCOTT WENGER DIRECTOR 5.00 X 0 0 0 KATHLEEN GRAHAM THRU 523 EXECUTIVE DIRECTOR 40.00 X 68724 0 4497 STEPHANIE KLIMSTRA EXECUTIVE DIRECTOR 40.00 X 31904 0 0 100628 0 4497 0 0 0 0 0 55215 80766 135981 BIB CONTEST 611710 160215 160215 REGISTRATION FEES 611710 83633 83633 EXHIBITOR 611710 11000 11000 254848 14199 14199 ADVERTISING 541800 1550 1550 1550 406578 254848 1550 14199 105124 26281 73587 5256 119643 119643 4476 4476 19479 19479 16231 16231 197 197 57428 57428 12226 12226 1467 1467 4455 2482 1973 8450 8450 834 834 16596 16570 26 30064 30033 31 4100 4100 1027 1027 3787 3787 GRANT EXPENSES 50426 50426 AWARDS 13790 13790 BANK FEES 12768 36 12732 DUES AND SUBSCRIPTIONS 5974 2733 3241 263 45 218 488805 142396 341153 5256 313673 222363 5 36709 5955 5149 4287 165527 150530 6253 14997 299687 330698 661476 578300 31884 5914 11367 24260 150002 147302 193253 177476 X 362213 341803 106010 59021 468223 400824 661476 578300 -82227 16828 -2000 0 X 0 0 0 X 376617 364247 422595 389059 135981 1688499 62631 38237 20581 29402 254848 405699 439248 402484 443176 418461 390829 2094198 0 190579 129500 77016 100000 89500 586595 190579 129500 77016 100000 89500 586595 1507603 2659 3679 1649 4329 14199 26515 2659 3679 1649 4329 14199 26515 1550 100 1550 3200 443457 406163 444925 422790 406578 2123913 0.70980 0.99220 0.01250 0.00690 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 1,550. 2021 AMOUNT: $ 100. 2023 AMOUNT: $ 1,550. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 192540 46550 105289 133801 166993 67000 41453 192540 146541 72000 43648 7900 166993 122954 112215 47644 40984 146541 122954 155706 66722 88984 122954 0.65000 0.00000 0.35000 0 0 165527 150530 14997 14997 STIFEL INVESTMENT 330698 C 330698 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE THREE OFFICERS OF THE ORGANIZATION, THE CHAIR OF THE FINANCE COMMITTEE AND TWO OTHER GOVERNORS, NOMINATED BY THE PRESIDENT FOR A ONE-YEAR TERM AND APPROVED BY THE BOARD. THE IMMEDIATE PAST PRESIDENT MAY SERVE AS A NONVOTING EX OFFICIO MEMBER FOR ONE YEAR. THE EXECUTIVE COMMITTEE MAY EXERCISE THE POWERS OF THE BOARD OF GOVERNORS WHEN THE BOARD IS NOT IN SESSION. NOTWITHSTANDING ANY OTHER PROVISIONS OF THE CONSTITUTION AND BYLAWS, THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER TO: - ADOPT A PLAN FOR THE FINAL DISTRIBUTION OF THE ASSETS OF THE CORPORATION OR FOR DISSOLUTION; - APPROVE ANY ACT THAT, ACCORDING TO STATUTORY LAW, MUST BE APPROVED BY THE MEMBERS; - ELECT, APPOINT OR REMOVE ANY OFFICER OR GOVERNOR; - ADOPT, AMEND OR REPEAL THE CONSTITUTION AND BYLAWS OR ARTICLES OF INCORPORATION; - ADOPT A PLAN OF MERGER OR ADOPT A PLAN OF CONSOLIDATION WITH ANOTHER CORPORATION OR AUTHORIZE THE SALE, LEASE OR EXCHANGE OR MORTGAGE OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY OR ASSETS OF THE CORPORATION; - AMEND, ALTER, REPEAL OR TAKE ACTION INCONSISTENT WITH ANY RESOLUTION OR ACTION OF THE BOARD OF GOVERNORS WHEN THE RESOLUTION OR ACTION OF THE BOARD OF GOVERNORS PROVIDES BY ITS TERMS THAT IT SHALL NOT BE AMENDED, ALTERED OR REPEALED BY ACTION OF A COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE SOCIETY SHALL BE RESTRICTED TO PERSONS FOR WHOM A SIGNIFICANT PART OF THEIR OCCUPATION INVOLVES WRITING, REPORTING, EDITING OR OVERSEEING BUSINESS, FINANCIAL, OR ECONOMIC NEWS FOR NEWSPAPERS, MAGAZINES, NEWSLETTERS, JOURNALS, BOOKS, PRESS OR SYNDICATED SERVICES, RADIO OR TELEVISION, ONLINE PUBLICATIONS, OR OTHER MEDIA APPROVED BY THE BOARD, AND TO TEACHERS AND STUDENTS OF BUSINESS JOURNALISM OR BUSINESS MEDIA SUBJECTS AT RECOGNIZED COLLEGES OR UNIVERSITIES OR OTHER ORGANIZATIONS APPROVED BY THE SOCIETY'S BOARD OF DIRECTORS. MEMBERS MAY ALSO RETAIN FULL MEMBERSHIP STATUS UPON HONORABLY LEAVING THE PRACTICE OF BUSINESS JOURNALISM BUT CONTINUE TO MAINTAIN THEIR MEMBERSHIP IN THE SOCIETY BY TIMELY PAYMENT OF ANNUAL DUES AND BY CONDUCTING THEMSELVES IN ACCORDANCE TO THE ORGANIZATIONS CONSTITUTION AND BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A ACTIONS TAKEN BY THE MEMBERS AT THE ANNUAL MEMBERSHIP MEETING SHALL BE BY MAJORITY VOTE OF THE VOTING MEMBERS IN GOOD STANDING, REGISTERED FOR THE CONVENTION, AT THE MEETING AT WHICH A QUORUM IS PRESENT. A QUORUM SHALL BE 25 MEMBERS PRESENT IN PERSON. EACH INSTITUTIONAL MEMBER SHALL HAVE ONE VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER OF THE ORGANIZATION DISTRIBUTES A PDF COPY OF THE 990 TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO THE RETURN BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS AND EMPLOYEES. ANY POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE BOARD OF DIRECTORS. THE BOARD WILL REVIEW AND DETERMINE WHAT RESTRICTIONS (IF ANY) ARE PLACED BASED ON A MAJORITY VOTE. THE RESULTS OF THE DISCUSSION ARE DOCUMENTED IN THE BOARD OF DIRECTORS' MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS AND EXECUTIVE COMMITTEE REVIEW THE EDS COMPENSATION. FOR NEW HIRES, THE FULL BOARD OF GOVERNORS APPROVE THE HIRE AND COMPENSATION. BOARD OFFICERS AND THE BOARD OF GOVERNORS DO NOT RECEIVE COMPENSATION. THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES BY COMPARING THEIR COMPENSATION TO THE COMPENSATION OF INDIVIDUALS IN LIKE POSITIONS IN COMPARABLE ORGANIZATIONS USING FORMS 990, COMPENSATION STUDIES, AND OTHER AVAILABLE DATA. THE COMMITTEE THEN APPROVES ANY CHANGES IN COMPENSATION BASED ON THIS INFORMATION. WHEN A NEW EXECUTIVE DIRECTOR IS HIRED, THE EXECUTIVE COMMITTEE VOTES, THEN IT GOES TO THE FULL BOARD FOR APPROVAL. THIS PROCESS IS DOCUMENTED IN THE MEETING MINUTES AND WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 SABEW MAKES ITS FINANCIAL AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.