2025-07-23T08:45:47-05:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 760677933 NEXTUP INC (F/K/A NETWORK OF EXECUTIVE WOMEN INC) NEXT 4434642460 1301 YORK ROAD 800 LUTHERVILLE MD 21093 LISA BAIRD PRESIDENT & CEO 4434642460 2025-07-23 1 0 ELIZABETH W HELLER P00397829 3019519090 2024 2025-03-06 01:10:19Z X LISA BAIRD 1301 YORK ROAD 800 LUTHERVILLE MD 21093 11180122 0 X WWW.NEXTUPISNOW.ORG X 2001 MD SEE PART III, LINE 1. 19 19 38 15660 0 0 630927 808344 10011919 9632707 36100 28210 0 0 10678946 10469261 0 0 0 0 6150610 4491798 0 0 433260 6756561 6471042 12907171 10962840 -2228225 -493579 2485310 1968813 1829760 1712896 655550 255917 X OPEN TO ALL GENDERS, NEXTUP PROVIDES LEADERSHIP DEVELOPMENT, RESOURCES, AND PROGRAMMING DESIGNED TO CREATE EQUITABLE OPPORTUNITIES FOR EVERYONE, WHILE ACKNOWLEDGING THE UNIQUE BARRIERS WOMEN CONTINUE TO FACE. 0 0 8658316 9619090 AT NEXTUP, WE CONDUCT ALL PROGRAMS AND EMPLOYMENT PRACTICES IN FULL COMPLIANCE WITH FEDERAL, STATE, AND LOCAL LAWS. DECISIONS REGARDING TRAINING, HIRING, PROMOTION, AND COMPENSATION ARE MADE WITHOUT REGARD TO PROTECTED CHARACTERISTICS AND ARE BASED SOLELY ON MERIT AND QUALIFICATIONS.IN 2024, NEXTUP MADE SIGNIFICANT STRIDES IN OUR MISSION TO BUILD THE NEXT GENERATION OF LEADERS AND FOSTER INCLUSIVE WORKPLACE CULTURES THAT ADVANCE ALL PEOPLE, INCLUDING WOMEN, IN BUSINESS. OPEN TO ALL GENDERS, NEXTUP PROVIDES LEADERSHIP DEVELOPMENT, RESOURCES, AND PROGRAMMING DESIGNED TO CREATE EQUAL OPPORTUNITIES FOR EVERYONE, WHILE ACKNOWLEDGING THE UNIQUE BARRIERS WOMEN CONTINUE TO FACE. (CONTINUED ON SCHEDULE O)HIGHLIGHTS INCLUDED HOSTING THE NEXTUP LEADERSHIP SUMMIT WITH OVER 1,600 MEMBERS AND HONORING THE WOMEN'S NATIONAL BASKETBALL ASSOCIATION (WNBA) FOR THEIR LEADERSHIP EXCELLENCE IN SPORTS.AT OUR EXECUTIVE SYMPOSIUM AND FORUM, RESEARCH FROM THE IBM INSTITUTE FOR BUSINESS VALUE (IBV) SHOWED THAT NEXTUP MEMBER COMPANIES' PROGRESS IS HELPING COMPANIES IDENTIFY AND ROOT OUT WORKPLACE BIASES WHILE CULTIVATING INCLUSIVE LEADERSHIP PIPELINES.ENGAGEMENT REMAINS STRONG ACROSS OUR EXPANDING MEMBERSHIP REPRESENTING ALL GENDERS, WITH 68% REPORTING CAREER ADVANCEMENT. OUR NET PROMOTER SCORE ROSE 7 POINTS TO 55, AND 75% OF RESPONDENTS RATED THEIR MEMBERSHIP EXPERIENCE AS "VERY GOOD OR "EXCELLENT" - A POWERFUL TESTAMENT TO THE VALUE OF OUR MEMBERSHIP.OUR REGIONAL COMMUNITIES DELIVERED RECORD PARTICIPATION, MARKING A BANNER YEAR FOR BOTH EVENT REGISTRATIONS AND RESOURCES GENERATED. THROUGH THESE EFFORTS, NEXTUP REAFFIRMED ITS COMMITMENT TO SUPPORTING LEADERS AT EVERY STAGE OF THEIR CAREERS AND BUILDING CULTURES WHERE ALL PEOPLE CAN THRIVE.AS WE APPROACH OUR 25TH ANNIVERSARY IN 2026, NEXTUP REMAINS FOCUSED ON EQUIPPING LEADERS OF ALL GENDERS TO BUILD INCLUSIVE, THRIVING WORKPLACE CULTURES. THE FUTURE IS BRIGHT FOR NEXTUP, AND FOR OUR MISSION: TO EQUAL ADVANCEMENT OF ALL, INCLUDING WOMEN, IN BUSINESS BY ELEVATING LEADERS OF ALL GENDERS WHO ARE COMMITTED TO INCLUSIVE WORKPLACES. 8658316 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 84 0 1 38 1 0 1 CA 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 1 0 1 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AR CA FL GA IL MI MN NY NC PA TN VA X KRISTI ALLEN 4434642460 1301 YORK ROAD 800 LUTHERVILLE MD 21093 DAGMAR BOGGS CHAIR 5.00 X X 0 0 0 BETH MARRION VICE CHAIR 5.00 X X 0 0 0 MELODY RICHARD SECRETARY 5.00 X X 0 0 0 ABBE LUERSMANN DIRECTOR 1.50 X 0 0 0 ANDI MARSTON DIRECTOR 1.50 X 0 0 0 ANDREA FACCIO DIRECTOR 1.50 X 0 0 0 CHAU BANKS DIRECTOR 1.50 X 0 0 0 CHRISTINA BIENIEK DIRECTOR 1.50 X 0 0 0 DIANA MARSHALL DIRECTOR 1.50 X 0 0 0 ENA WILLIAMS DIRECTOR 1.50 X 0 0 0 HELEN DRISKELL DIRECTOR 1.50 X 0 0 0 LIBBY WRIGHT DIRECTOR 1.50 X 0 0 0 MARLA DAUDELIN DIRECTOR 1.50 X 0 0 0 MIKE THEILMANN DIRECTOR 1.50 X 0 0 0 SRI RAJAGOPALAN DIRECTOR 1.50 X 0 0 0 TONYA HERRING DIRECTOR 1.50 X 0 0 0 VALERIE JABBAR DIRECTOR 1.50 X 0 0 0 VERONICA FERNANDEZ DIRECTOR 1.50 X 0 0 0 WENDY DAVIDSON DIRECTOR 1.50 X 0 0 0 KRISTI ALLEN VP, FINANCE & ADMINISTRATION 40.00 X 230159 0 17779 LISA BAIRD PRESIDENT & CEO 40.00 X 219864 0 17003 KAREN A JONES VP, LEARNING & DEVELOPMENT 40.00 X 297655 0 42828 ADEKUNLE ABIDOYE VP, TECHNOLOGY 40.00 X 205770 0 38743 STUART CLAXTON VP, MARKETING 40.00 X 208876 0 30323 DANIT L SCHLEMAN VP, REGIONS 40.00 X 220253 0 8448 KRYSTAL WALLACE SR. DIRECTOR OF HUMAN RESOURCES 40.00 X 155842 0 23874 1538419 0 178998 15 0 1 0 HEARTWOOD HEALING LLC 10240 176TH ST WEST LAKEVILLE MN 55044 EVENT MANAGEMENT 218244 1 808344 147101 808344 EDUCATIONAL/NETWORKING 900099 6013219 6013219 MEMBERSHIP DUES 900099 3605871 3605871 PROGRAM RELATED SALES 900099 13617 13617 9632707 29074 29074 709997 710861 -864 -864 -864 10469261 9619090 0 41827 484806 48481 339364 96961 3368915 2577323 694287 97305 106239 81652 21615 2972 286012 208097 66898 11017 245826 168800 64969 12057 19327 10243 4252 4832 158699 158699 12232 12232 271649 143974 59763 67912 393364 252031 139266 2067 559070 304064 127196 127810 131555 92088 35520 3947 4640516 4550406 90110 28822 14411 14411 11057 7331 3229 497 CREDIT CARD FEES 145666 109249 36417 PAYROLL FEES 87552 60119 23139 4294 MISCELLANEOUS 17827 11820 5206 801 STAFF DEVELOPMENT 16073 11037 4248 788 -22367 7190 -29557 10962840 8658316 1871264 433260 322144 338057 264441 17445 292273 275642 438244 308907 1168208 690751 338011 2485310 1968813 807846 491078 1021914 1221818 1829760 1712896 X 129961 255917 525589 0 655550 255917 2485310 1968813 -493579 93946 0 X 0 1 X 1 0 X 672894 3865962 604617 630927 808344 6582744 672894 3865962 604617 630927 808344 6582744 1954294 4628450 21905 29504 24708 36100 29074 141291 1948 13617 15565 6739600 42718968 0.68680 0.77470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 10971081 93946 420106 514052 10457029 12232 12232 10469261 11370714 420106 420106 10950608 12232 12232 10962840 NORTH AMERICA 0 0 PROGRAM SERVICES REGIONAL GROUP ACTIVITIES INCLUDING LEARNING EVENTS AND OTHER ACTIVITIES TO BUILD LEADERSHIP SKILLS AND CREATE LASTING RELATIONSHIPS. 40502 0 0 0 0 0 0 40502 0 40502 0 0 0 0 0 0 X X X 0 0 0 0 0 0 0 1 0 KAREN A JONES VP, LEARNING & DEVELOPMENT 221202 0 76453 0 0 0 9823 0 33005 0 340483 0 0 0 KRISTI ALLEN VP, FINANCE & ADMINISTRATION 205159 0 25000 0 0 0 8583 0 9196 0 247938 0 0 0 ADEKUNLE ABIDOYE VP, TECHNOLOGY 186770 0 19000 0 0 0 8115 0 30628 0 244513 0 0 0 STUART CLAXTON VP, MARKETING 189876 0 19000 0 0 0 8115 0 22208 0 239199 0 0 0 LISA BAIRD PRESIDENT & CEO 219864 0 0 0 0 0 6250 0 10753 0 236867 0 0 0 DANIT L SCHLEMAN VP, REGIONS 200683 0 19570 0 0 0 8358 0 90 0 228701 0 0 0 KRYSTAL WALLACE SR. DIRECTOR OF HUMAN RESOURCES 140092 0 15750 0 0 0 6008 0 17866 0 179716 0 0 0 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED MERIT-BASED BONUS PAYMENTS: - KAREN A. JONES $76,453 - KRISTI ALLEN $25,000 - ADEKUNLE ABIDOYE $19,000 - STUART CLAXTON $19,000 - DANIT L. SCHLEMAN $19,570 - KRYSTAL WALLACE $15,750 X REGIONAL PRODUCTS 94 147101 FMV 0 0 0 0 PART I, COLUMN (B): THIS COLUMN REPORTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S COMMITTEE CHARTERS WERE ESTABLISHED AND BYLAWS UPDATED TO INCLUDE A LEGAL NAME AND ADDRESS CHANGE. FORM 990, PART VI, SECTION A, LINE 6 NEXTUP HAS APPROXIMATELY 15,660 INDIVIDUAL MEMBERS WHO ARE ABLE TO PARTICIPATE IN THE EDUCATIONAL AND LEADERSHIP DEVELOPMENT ACTIVITIES OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY MANAGEMENT. PRIOR TO FILING THE FORM 990, THE NEXTUP GOVERNING BOARD RECEIVED A COPY OF THE FILING. FORM 990, PART VI, SECTION B, LINE 12C 1. IF THE BOARD DETERMINES THAT A PARTICULAR RELATIONSHIP OR TRANSACTION REPRESENTS AN ACTUAL, POTENTIAL OR APPARENT CONFLICT OF INTEREST, IT SHALL RESOLVE SUCH ACTUAL, POTENTIAL OR APPARENT CONFLICT IN ONE OF THE FOLLOWING MANNERS: A. WAIVE THE ACTUAL, POTENTIAL OR APPARENT CONFLICT AS UNLIKELY TO AFFECT THE DIRECTOR'S ABILITY TO ACT IN THE BEST INTERESTS OF NEW. B. DETERMINE THAT THE DIRECTOR SHOULD BE RECUSED FROM ALL DELIBERATIONS AND DECISION-MAKING RELATED TO THE PARTICULAR TRANSACTION WHICH GIVES RISE TO THE ACTUAL, POTENTIAL OR APPARENT CONFLICT. C. DETERMINE THAT THE DIRECTOR MUST RESIGN FROM HIS/HER SERVICE TO NEW BECAUSE THE ACTUAL, POTENTIAL OR APPARENT CONFLICT IS SO PERVASIVE THAT THE DIRECTOR WOULD SELDOM, IF EVER, LIKELY BE ABLE TO ACT IN THE BEST INTERESTS OF NEW. 2. THE FOLLOWING PROCEDURE IS APPLICABLE TO ALL INSTANCES IN WHICH A DIRECTOR (OR THE DIRECTOR'S COMPANY, ORGANIZATION OR ANOTHER ENTITY FOR WHICH THE DIRECTOR SERVES IN A LEADERSHIP, EMPLOYMENT OR OWNERSHIP CAPACITY, OR A MEMBER OF THE DIRECTOR'S FAMILY) SEEKS TO PROVIDE GOODS OR SERVICES TO NEW AS A PAID VENDOR, OR SEEKS TO RECEIVE A SIGNIFICANT GRANT OR CONTRACT FOR ONE OF THE THREE ORGANIZATIONS. A. THE DIRECTOR MUST DISCLOSE TO THE BOARD IN ADVANCE OF ANY RELATED ACTION TO BE TAKEN BY THE BOARD HIS/HER INTENT TO SEEK TO PROVIDE GOODS OR SERVICES AS A PAID VENDOR TO NEW, OR RECEIVE A GRANT OR CONTRACT FROM NEW; B. AFTER DISCLOSURE, THE DIRECTOR MAY MAKE A PRESENTATION TO THE BOARD REGARDING THE PROPOSED TRANSACTION OR ARRANGEMENT, BUT AFTER SUCH PRESENTATION, THE DIRECTOR MUST RECUSE HIMSELF/HERSELF FROM ALL DELIBERATIONS AND VOTING RELATED TO THE CONTEMPLATED ACTION; C. IF THE VALUE OF THE TRANSACTION EXCEEDS $5,000, NEW MUST, THROUGH A REQUEST FOR PROPOSAL PROCESS, HAVE SOLICITED PROPOSALS BROADLY FROM OTHER QUALIFIED VENDORS/ PROSPECTIVE GRANT OR CONTRACT RECIPIENTS AND RECEIVED (OR ATTEMPTED TO RECEIVE) WRITTEN BIDS FROM AT LEAST THREE SUCH INDIVIDUALS/ ENTITIES (INCLUDING THE DIRECTOR); D. AFTER EXERCISING DUE DILIGENCE, THE BOARD SHALL EXERCISE ITS BEST EFFORTS TO DETERMINE WHETHER NEW CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST; E. THE BOARD MUST DETERMINE (WITHOUT THE PRESENCE OR PARTICIPATION OF THE DIRECTOR), UPON ADVICE OF ITS COUNSEL AND BY A MAJORITY VOTE OF THEDISINTERESTED MEMBERS OF THE BOARD, THAT THE TRANSACTION OR ARRANGEMENT IS FAIR AND REASONABLE AND IN NEW'S BEST INTEREST BASED ON ALL OF THE FACTS AND CIRCUMSTANCES, AND SUCH DETERMINATION (INCLUDING THE FACT THAT IS WAS MADE IN THE ABSENCE OF THE DIRECTOR) SHALL BE DOCUMENTED AS PART OF THE RELEVANT MEETING MINUTES (ALL COMPETING BIDS RECEIVED SHOULD BE RETAINED AS WELL); AND F. IF SELECTED, THE DIRECTOR MAY NOT PARTICIPATE IN ANY PROCESS BY WHICH HIS/HER PERFORMANCE AS A VENDOR/GRANT OR CONTRACT RECIPIENT IS EVALUATED. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT & CHIEF EXECUTIVE OFFICER'S COMPENSATION IS REVIEWED ANNUALLY WORKING WITH A COMPENSATION CONSULTING GROUP AND A COMPENSATION COMMITTEE WHICH IS ESTABLISHED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ARE INDEPENDENT. EXTERNAL DATA IS RECEIVED FROM THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES AND PRM TO SUBSTANTIATE AND SUPPORT THE COMPENSATION LEVEL. THE COMPENSATION COMMITTEE CHAIR MAKES CHANGE RECOMMENDATIONS TO THE FIVE OFFICERS OF THE BOARD. THE APPROVED INCREASES/CHANGES ARE PRESENTED TO THE BOARD. COMPENSATION CHANGES FOR OTHER EMPLOYEES IS BASED ON THEIR LEVEL. FOR THE TOP THREE EXECUTIVES REPORTED ON THE FORM 990 BELOW THE CEO/PRESIDENT, THE COMPENSATION COMMITTEE CHAIR WITH INPUT FROM THE CEO/PRESIDENT MAKES CHANGE RECOMMENDATIONS TO THE FIVE OFFICERS OF THE BOARD. THE APPROVED INCREASES ARE PRESENTED TO THE BOARD. FOR OTHER VICE PRESIDENTS AND ABOVE THE CEO/PRESIDENT WITH THE FIVE OFFICERS OF THE BOARD APPROVE ANY CHANGES. THE LAST COMPENSATION REVIEW TOOK PLACE IN MARCH 2025. FORM 990, PART VI, SECTION C, LINE 19 NEXTUP MAKES ITS GOVERNING DOCUMENTS AND ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON THEIR WEBSITE. THE FINANCIAL STATEMENTS ARE NOT AVAILABLE FOR PUBLIC INSPECTION.