2025-11-17T10:16:49-06:00 2024-12-31 934792291 SORREN INC 1120 S RACKHAM WAY SUITE 100 MERIDIAN ID 83642 990 2024-01-01 810946810 CORPORATE LEGAL OPERATIONS CONSORTIUM INC CORP 8772064699 8605 SANTA MONICA BLVD PMB 687750 WEST HOLLYWOOD CA 90069 FRANCES POMPOSO TREASURER 8016180324 2025-11-15 1 0 MARGARET FLOWERS P00748716 2083338965 2025-11-15 2024 2025-03-06 01:10:19Z FRANCES POMPOSO 8605 SANTA MONICA BLVD PMB 687750 WEST HOLLYWOOD CA 90069 11313751 0 X WWW.CLOC.ORG X 2015 IL ENHANCE LEGAL OPERATIONS COMPETENCE, IMPROVE IN-HOUSE LEGAL MGMT, AND PROMOTE INDUSTRY CHANGE. 5 3 18 0 0 0 0 0 8796613 8215170 182889 432769 0 0 8979502 8647939 60000 60000 0 0 2093260 2784673 0 0 0 4077436 4769521 6230696 7614194 2748806 1033745 10041857 11131943 2086994 1929489 7954863 9202454 X CLOC IS THE LEADING GLOBAL LEGAL OPERATIONS COMMUNITY TRANSFORMING THE BUSINESS AND PRACTICE OF LAW. CLOC SUPPORTS ITS MEMBERS THROUGH THREE CORE PRINCIPLES OF COMMUNITY, CONTENT, AND CONVERSATION. 0 0 IN 2024, THE CORPORATE LEGAL OPERATIONS CONSORTIUM, INC. (CLOC) CONTINUED ITS MISSION TO OPTIMIZE THE OPERATION OF CORPORATE LEGAL DEPARTMENTS AND THE DELIVERY OF LEGAL SERVICES THROUGH A RANGE OF EDUCATIONAL, NETWORKING, AND INDUSTRY COLLABORATION INITIATIVES. CLOC ENDED THE YEAR WITH ABOUT 6,300 MEMBERS ACROSS ALMOST 1,000 COMPANIES GLOBALLY, REPRESENTING LEGAL OPERATIONS PROFESSIONALS AND LEGAL SERVICE PROVIDERS FROM SMALL, MEDIUM, AND LARGE BUSINESSES, GOVERNMENT ENTITIES, AND ACADEMIC INSTITUTIONS.CLOC'S KEY ACCOMPLISHMENTS FOR 2024 COMPRISED OF ORGANIZING BOTH IN-PERSON AND VIRTUAL EVENTS, INCLUDING THE HIGHLY ATTENDED CLOC GLOBAL INSTITUTE (CGI), WHICH FEATURED OVER 70 EDUCATIONAL SESSIONS, ROUNDTABLES, AND NETWORKING OPPORTUNITIES. CGI ALONG WITH REGIONAL SUMMITS (EMEA SUMMIT AND APAC SUMMIT) AND OTHER PROGRAMS ENABLED LEGAL PROFESSIONALS TO STAY UPDATED ON INDUSTRY TRENDS, TOOLS, AND BEST PRACTICES, FOSTERING A COLLABORATIVE ENVIRONMENT FOR DRIVING EFFICIENCY IN THE BUSINESS OF LAW. CGI SAW ATTENDANCE OF OVER 2,300 PROFESSIONALS AND THE EMEA SUMIT IN LONDON SAW ATTENDANCE OF 261 AND THE APAC SUMMIT SAW ATTENDANCE OF 176. THESE EVENTS COMBINED WITH THE FIRST EVER CLOC TALK LIVE NYC AND THE CALIFORNIA BAY AREA HOLIDAY BASH REACHED OUR MEMBERS FROM COAST TO COAST IN THE USA AS WELL AS OVERSEAS. CLOC SUPPORTED ITS MEMBERS BY OFFERING REAL-TIME EDUCATION, NETWORKING, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES, SUCH AS WEBINARS AND REGIONAL MEET UPS, THAT HELP LEGAL OPERATIONS PROFESSIONALS RUN THEIR ORGANIZATIONS MORE EFFECTIVELY, FOSTERING GROWTH AND EXCELLENCE ACROSS THE INDUSTRY. JUST A FEW OF THE EXCITING TOPICS IN THE CLOC ASK-THE-EXPERTS WEBINAR SERIES WERE AROUND DEIB, GENERATIVE AI, CONTRACT LIFECYCLE MANAGEMENT, AND MANY OTHERS.CLOC ALSO EXPANDED MEMBERSHIP INTO BRAZIL WITH A REGIONAL EVENT ON JANUARY 18, 2024. THIS WAS WELL ATTENDED AND CLOC PLANS TO HOST A TOUR OF EVENTS IN BRAZIL IN 2025. 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 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 22 0 1 18 1 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 0 0 0 1 1 0 CA X DAVID DUPAIX 8772064699 C/O THE MILL 9690 S 300 W FL 3 SANDY UT 84070 JENN MCCARRON PRESIDENT 4.00 X X 35000 0 0 FRANCES POMOPSO TREASURER 8.00 X X 25000 0 0 FARRAH PEPPER VICE PRESIDENT 4.00 X X 25000 0 0 DANIEL YI DIRECTOR 4.00 X 15000 0 0 MIKE HAVEN DIRECTOR 4.00 X 15000 0 0 AINE LYONS DIRECTOR 4.00 X 15000 0 0 LAURA DIEUDONNE DIRECTOR 4.00 X 15000 0 0 ADAM BECKER DIRECTOR 4.00 X 15000 0 0 LISA KONIE INTERIM EXECUTIVE DIRECTOR 40.00 X 281978 0 14099 OYANGO SNELL EXECUTIVE DIRECTOR 40.00 X 31250 0 1563 NICOLE COTE HEAD OF EVENTS 40.00 X 195000 0 18570 ANGELA DEN TEX HEAD OF MARKETING 40.00 X 190000 0 18320 NICOLE ZAFIAN HEAD OF EDUCATION 40.00 X 180000 0 17820 BOYD RICHARDS HEAD OF IT 40.00 X 171000 0 17370 JENNIFER BRYAN HEAD OF MEMBERSHIP 40.00 X 136000 0 15620 1345228 0 103362 6 0 1 0 0 SPONSORSHIP REVENUE 813910 4830079 4830079 CONFERENCES 813910 2423204 2423204 MEMBERSHIP DUES 813910 914682 914682 VENDOR DIRECTORY 813910 31875 31875 JOB BOARD REVENUE 813910 12540 12540 2790 2790 8215170 300676 300676 2797905 2665812 132093 132093 132093 8647939 8215170 0 432769 60000 488890 1849238 94560 195073 156912 9949 48556 40217 515259 126476 64820 3701247 53919 BANK CHARGES 96331 OTHER 61615 BAD DEBTS 51132 7614194 754210 791154 3554061 4156962 117307 140394 288138 256809 5328141 5786624 10041857 11131943 479066 302537 1607928 1626952 2086994 1929489 X 7954863 9202454 7954863 9202454 10041857 11131943 1033745 213846 0 X 0 1 X 0 0 0 OTHER SECURITIES 5786624 F 5786624 X 8821568 213846 213846 8607722 40217 40217 8647939 7573977 0 7573977 40217 40217 7614194 PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THAT POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR 2024. THE ORGANIZATION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2021. 1 SCHOLARSHIPS 10 60000 PART I, LINE 2: THE SCHOLARSHIP IS FOR GRADUATE DEGREE (J.D., MBA, AND OTHER) STUDENTS WHO ARE INTERESTED IN A CAREER IN LEGAL OPERATIONS. LEGAL OPERATIONS PROFESSIONALS BRING THE LEADERSHIP, KNOWLEDGE AND EXPERIENCE NECESSARY TO DRIVE PEAK IN-HOUSE LEGAL DEPARTMENT PERFORMANCE. THEY OFFER A DEEP UNDERSTANDING OF THE INDUSTRY; EXPERT KNOWLEDGE OF BEST PRACTICES AND ENABLING TECHNOLOGIES; TEAM DEVELOPMENT SKILLS; AND CORE COMPETENCE IN IMPLEMENTING POLICIES, PROCESSES, AND TECHNOLOGIES TO INCREASE VALUE TO THE COMPANY WHILE DRIVING DOWN COSTS AND FOSTERING A GLOBALLY CONNECTED CULTURE. THE SCHOLARSHIP GRANT MAY ONLY BE USED FOR EDUCATIONAL EXPENSES SUCH AS TUITION, COURSE MATERIALS, BOOKS, ETC. THE SCHOLARSHIP IS AWARDED TO THE MOST PROMISING APPLICANTS WHOSE ESSAYS BEST SHOW A GENUINE INTEREST IN A LEGAL OPERATIONS CAREER. THE COMMITTEE ALSO CONSIDERS PRIOR WORK EXPERIENCE IN LEGAL OPERATIONS OR RELATED FIELDS. TO BE ELIGIBLE, APPLICANT MUST: (1) BE A CURRENT OR ENTERING STUDENT AT AN ACCREDITED GRADUATE UNIVERSITY IN THE UNITED STATES AND (2) BE INTERESTED IN PURSUING A CAREER IN LEGAL OPERATIONS." X X X X 0 0 0 LISA KONIE INTERIM EXECUTIVE DIRECTOR 281978 0 0 0 0 0 14099 0 0 0 296077 0 0 0 NICOLE COTE HEAD OF EVENTS 195000 0 0 0 0 0 10170 0 8400 0 213570 0 0 0 ANGELA DEN TEX HEAD OF MARKETING 190000 0 0 0 0 0 9920 0 8400 0 208320 0 0 0 NICOLE ZAFIAN HEAD OF EDUCATION 180000 0 0 0 0 0 9420 0 8400 0 197820 0 0 0 BOYD RICHARDS HEAD OF IT 171000 0 0 0 0 0 8970 0 8400 0 188370 0 0 0 JENNIFER BRYAN HEAD OF MEMBERSHIP 136000 0 0 0 0 0 7220 0 8400 0 151620 0 0 0 PART I, LINE 3 THE ORGANIZATION HAS A DOCUMENTED CRITERIA AND COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT BOARD MEMBERS WHO ARE NOT EMPLOYEES. THIS COMMITTEE PERFORMS AN ANNUAL REVIEW AND THEN CONDUCTS A VOTE WHERE ALL BOARD MEMBERS APPROVE EACH SEPARATE COMPENSATION AND RECUSE THEMSELVES FROM THE VOTE ON THEIR OWN COMPENSATION AMOUNT. THE FIRST VOTE WAS DOCUMENTED DECEMBER 31, 2018, AND HAS CONTINUED ANNUALLY. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS 4 CATEGORIES OF MEMBERSHIP, ALL OF WHICH ARE NON-VOTING CLASSES. THE TYPES ARE: (I) PROFESSIONALS EMPLOYED BY ANY TYPE OF ORGANIZATION TO WORK IN ITS IN-HOUSE LEGAL DEPARTMENT ("INDIVIDUAL MEMBERS"); (II) PROFESSIONALS EMPLOYED BY LAW FIRMS AND LEGAL SERVICE PROVIDERS THAT DO NOT QUALIFY FOR INDIVIDUAL MEMBERSHIP ("ECOSYSTEM MEMBERS"); (III) PROFESSORS, DEANS, AND OTHER EDUCATORS WHOSE PRIMARY SOURCE OF EMPLOYMENT IS WITHIN ACADEMIA ("ACADEMIA MEMBER"); AND (IV) FULL-TIME STUDENTS WITH AN INTEREST IN CORPORATE LEGAL OPERATIONS ("STUDENT MEMBERS"). THE RIGHTS AND DUTIES OF MEMBERS ARE SET FORTH IN ARTICLE II SECTION 4 OF THE BYLAWS AND LIMIT VOTING TO THE BOARD OF DIRECTORS ACTING IN THEIR CAPACITY AS DIRECTORS (SEE ARTICLE V). FORM 990, PART VI, SECTION A, LINE 7A UNDER THE CORPORATION'S INITIAL SET OF BYLAWS, THE CORPORATION HAD ONE CLASS OF MEMBERS. ALL MEMBERS HAD VOTING RIGHTS AND THUS, MEMBERS HAD THE RIGHT TO REJECT THE BOARD'S DECISION TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. IN OCTOBER, 2022, THE CORPORATION'S BYLAWS WERE SUCCESSFULLY AMENDED BY VOTE OF THE VOTING MEMBER CLASS AND THE RIGHT OF MEMBERS TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY WAS REMOVED. AS OF OCTOBER, 2022, ONLY THE BOARD OF DIRECTORS (THE GOVERNING BODY) HAS THE RIGHT TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A DIGITAL COPY OF THE DRAFT FORM 990 WILL BE CIRCULATED TO THE TREASURER AND EXECUTIVE DIRECTOR FOR APPROVAL, AND IF APPROVED, WILL BE INCLUDED AS A CONSENT AGENDA ITEM FOR THE NEXT QUARTERLY MEETING OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12 CLOC HAS APPROVED A CONFLICT OF INTEREST POLICY THAT TOOK EFFECT NOVEMBER 8, 2019. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A DOCUMENTED CRITERIA AND COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT BOARD MEMBERS WHO ARE NOT EMPLOYEES OR INVOLVED IN EXECUTIVE DUTIES. THIS COMMITTEE PERFORMS AN ANNUAL REVIEW AND THEN CONDUCTS A VOTE WHERE ALL BOARD MEMBERS APPROVE EACH SEPARATE COMPENSATION AND RECUSE THEMSELVES FROM THE VOTE ON THEIR OWN COMPENSATION AMOUNT. THE FIRST VOTE WAS DOCUMENTED DECEMBER 31, 2018 AND HAS CONTINUED ANNUALLY GOING FORWARD. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS ARE ALSO AVAILABLE ON THE WEBSITE AT WWW.CLOC.ORG/BYLAWS.