2025-01-29T17:20:16-06:00 2024-04-30 411399624 ELLINGSON & ELLINGSON LTD 5101 VERNON AVE S SUITE 501 EDINA MN 55436 990 2023-05-01 760397607 UNCLAIMED PROPERTY PROFESSIONALS ORGANIZATION INC UNCL 7632534340 600 HIGHWAY 169 SOUTH STE 1101 ST LOUIS PARK MN 55426 SHANNON WILD EXECUTIVE DIRECTOR 7632534340 2025-01-29 1 0 ERIK J ELLINGSON P00566015 9529290315 2025-01-21 2023 2025-03-06 01:10:19Z SHANNON WILD 600 HIGHWAY 169 SOUTH STE 1101 ST LOUIS PARK MN 55426 1215216 0 X WWW.UPPO.ORG X 1994 DE RESOURCE FOR PROFESSIONAL UNCLAIMED PROPERTY EDUCATION, INFORMATION, NETWORKING AND ADVOCACY. 11 11 0 0 8765 0 21723 111083 1014900 1091962 7119 12171 0 0 1043742 1215216 0 0 0 0 0 0 0 0 0 979842 1106724 979842 1106724 63900 108492 961858 1185927 213060 312426 748798 873501 X THE UNCLAIMED PROPERTY PROFESSIONALS ORGANIZATION (UPPO) IS A NOT-FOR-PROFIT ORGANIZATION THAT IS THE PREMIER RESOURCE FOR UNCLAIMED PROPERTY INFORMATION, EDUCATION, NETWORKING AND ADVOCACY FOR THE PRIVATE SECTOR. THE VISION OF UPPO IS TO BE THE LEADER IN UNCLAIMED PROPERTY COMPLIANCE AND REFORM. 0 0 EDUCATION:UPPO OFFERS EDUCATIONAL EVENTS FOR BOTH MEMBERS AND NON-MEMBERS. ITS MAIN EDUCATIONAL EVENTS INCLUDE WEBINARS AND THE ANNUAL CONFERENCE WITH MEMBERSHIP BUSINESS MEETING.ANNUAL CONFERENCE:UPPO HAS CONDUCTED AN ANNUAL CONFERENCE WHICH IS TYPICALLY A THREE-DAY EDUCATIONAL EVENT THAT PROVIDES IN-DEPTH EDUCATION AND TRAINING FOR UNCLAIMED PROPERTY PROFESSIONALS. IN ADDITION, THERE IS ALSO AN EXHIBITOR AREA. THE FISCAL YEAR 2022-2023 ANNUAL CONFERENCE WAS HELD IN NASHVILLE, TENNESSEE AND REPORTED INCOME OF $676,614 AND EXPENSES OF $422,441. THERE ARE TRACKS BASED ON LEVEL OF EXPERIENCE; BASIC, INTERMEDIATE AND ADVANCED. SOME OF THE TOPICS INCLUDE:-UNCLAIMED PROPERTY BASICS-LEGISLATIVE AND LEGAL UPDATE-THE ABC'S OF AUDITS-UNCLAIMED PROPERTY REFORM-POLICIES AND PROCEDURES-CONTACT BASICS-ASSET RECOVERY-AUDIT BASICS-HOLDERS' RIGHTS-MERGERS, ACQUISITIONS AND DIVESTITURES-ELECTRONIC REPORTINGCERTIFICATE PROGRAM:THIS PROGRAM IS DESIGNED FOR UNCLAIMED PROPERTY PRACTITIONERS TO COMPLETE NINE ONLINE COURSES AND TO ATTEND SEVERAL SESSIONS AT THE ANNUAL CONFERENCE, PASSING A TEST AFTER COMPLETING EACH SECTION. UPON SUCCESSFUL COMPLETION INDICATING THEY HAVE MASTERED THE BASICS OF UNCLAIMED PROPERTY COMPLIANCE. PARTICIPATION WAS LIMITED TO 65 PEOPLE TO ALLOW UPPO TO MONITOR THE PROGRAM AND MAKE ANY ADJUSTMENTS NECESSARY. THE PROGRAM PROVIDED NET INCOME OF $21,912. MEMBERSHIP:DUES ARE PAID BY CORPORATIONS WITH TWO TYPES: HOLDERS AND SERVICE PROVIDERS. EACH TYPE CAN ALSO PURCHASE ADDITIONAL SEATS BEYOND THE TWO INCLUDED WITH THE MAIN MEMBERSHIP.-HOLDER COMPANY - MEMBERSHIP INLCUDES TWO INDIVIDUALS (SEATS). $730-SERVICE PROVIDER COMPANY - MEMBERSHIP INCLUDES TWO INDIVIDUALS (SEATS). $930-ADDITIONAL SEATS FOR EITHER TYPE ARE $80 PER SEAT.MEMBERSHIP BENEFITS INCLUDE:-STATE LEGISLATIVE COMPLIANCE TRACKING-LEGISLATIVE AND LEGAL ALERTS-ONLINE JURISDICTIONAL RESOURCE GUIDE-ONLINE COMMUNITIES OF PRACTICE/FORUMS-MEMBER-ONLY WEBSITE CONTENT-DISCOUNTS ON EDUCATIONAL REGISTRATION INCLUDING: VIRTUAL AND FACE TO FACE EDUCATION EVENTSQUARTERLY "COMPLIMENTARY" WEBINAR FOR MEMBERS ONLY-FREE ACCESS TO CAREER CENTER 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 X 11 11 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X ELLINGSON & ELLINGSON LTD 9529290315 5101 VERNON AVE S SUITE 501 EDINA MN 55436 X ROBERT JOSEPH IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 JENNIFER WARYJAS PRESIDENT 2.00 X X 0 0 0 FREDA PEPPER VICE PRESIDENT 1.00 X X 0 0 0 JON D'AMATO TREASURER 1.00 X X 0 0 0 BECKY STEPHENS SECRETARY 1.00 X X 0 0 0 JOANNA ABINUMAN DIRECTOR AT LARGE 1.00 X 0 0 0 BARRIE SALTZMAN DIRECTOR AT LARGE 1.00 X 0 0 0 SONJA ROMAN-MOLINA DIRECTOR AT LARGE 1.00 X 0 0 0 ANN LOPERFITO DIRECTOR AT LARGE 1.00 X 0 0 0 SUZE EMRE DIRECTOR AT LARGE 1.00 X 0 0 0 LEIGH UNDERWOOD DIRECTOR AT LARGE 1.00 X 0 0 0 TONI NUERNBERG EXECUTIVE DIRECTOR 10.00 X 0 0 0 0 0 0 0 0 0 0 0 111083 87418 111083 CONFERENCE REVENUE 900099 758653 758653 MEMBERSHIP DUES 900099 304730 304730 EDUCATION AND SEMINAR 900099 19715 19715 ADVERTISING REVENUE 900099 8765 8765 MISCELLANEOUS INCOME 900099 99 99 1091962 12171 12171 1215216 324544 8765 770824 352050 87418 21850 1346 26556 29724 5183 11333 9374 445666 4048 8243 LEGISLATIVE RESOURCE SE 51000 MERCHANT DISCOUNT AND B 31798 SCHOLARSHIP EXPENSES 15149 EDUCATIONAL AND CERTIFI 3144 2842 1106724 182218 396812 403211 407991 29061 2691 15448 16631 9303 8585 7328 336092 358348 961858 1185927 47460 141782 161715 170644 3885 0 213060 312426 X 748798 873501 748798 873501 961858 1185927 108492 16211 0 X 0 1 X 1 0 0 0 0 304730 38250 38250 45710 -7460 16631 9303 7328 7328 X 1230081 16211 16211 1213870 1346 1346 1215216 1105378 0 1105378 1346 1346 1106724 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. AS A RESULT, THE ORGANIZATION DOES NOT PAY FEDERAL INCOME TAX. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. THE ORGANIZATION'S FEDERAL RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FORIUS BUSINESS CREDIT RESOURCES T. NUERNBERG, EXECUTIVE DIRECTOR IS AN OFFICER OF FORIUS 352050 MANAGEMENT SERVICES 0 X LEGAL SERVICES 1 87418 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION RECEIVES EXECUTIVE DIRECTOR AND SENIOR MANAGEMENT SERVICES FROM FORIUS. THE ORGANIZATION HAS DELEGATED ALL MANAGEMENT DUTIES TO THE APPOINTED EXECUTIVE DIRECTOR AND SENIOR MANAGEMENT TEAM. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN UPPO IS OPEN TO QUALIFIED LEGAL ENTITIES INCLUDING BUT NOT LIMITED TO SOLE PROPRIETORSHIPS, PARTNERSHIPS AND CORPORATIONS THAT ARE HOLDERS OF UNCLAIMED PROPERTY; SERVICE PROVIDERS TO THE UNCLAIMED PROPERTY INDUSTRY; AS WELL AS OTHER GROUPS OR ENTITIES THAT ACT AS AGENTS AND/OR CONSULTANTS ON BEHALF OF A COMPANY OR LEGAL ENTITY. MEMBERS MUST PAY UPPO DUES AND FEES AS ESTABLISHED BY THE BOARD OF DIRECTORS AND MUST EXECUTE THE UPPO CODE OF ETHICS. ANY INDIVIDUAL, AGENT, REPRESENTATIVE, CONSULTANT, PARTNERSHIP, CORPORATION, AND OTHER GROUP OR LEGAL ENTITY WHOSE PURPOSE IS TO ACT ON BEHALF OF A STATE OR GOVERNMENTAL JURISDICTION, FOR PURPOSES OF PERFORMING UNCLAIMED PROPERTY SERVICES, INCLUDING BUT NOT LIMITED TO AUDITS, REVIEWS, EXAMINATIONS, OR OTHER COMPLIANCE RELATED PROCEDURES IS NOT ELIGIBLE FOR MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS IN GOOD STANDING ELECT THE DIRECTORS AT LARGE AND OFFICERS AT THE ANNUAL MEETING FROM A SLATE OF CANDIDATES SELECTED BY THE NOMINATING COMMITTEE. THE POSITIONS OF TREASURER, SECRETARY AND DIRECTORS AT LARGE ARE ELECTED EVERY OTHER YEAR. THE ELECTIONS OF THE SIX DIRECTORS AT LARGE ALTERNATE EVERY YEAR SO THREE DIRECTORS AT LARGE ARE ELECTED EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE ORGANIZATION'S GOVERNING DOCUMENTS REQUIRE APPROVAL BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS ASSEMBLED AT A DULY ORGANIZED MEETING. THE CHANGES SHALL NOT BECOME EFFECTIVE UNTIL THIRTY (30) DAYS AFTER THE MEMBERSHIP HAS BEEN ADVISED OF THE CHANGES AND AFFORDED THE OPPORTUNITY TO COMMENT IN ACCORDANCE WITH THE RULES SET FORTH IN THE ORGANIZATION'S STANDARD OPERATING PROCEDURES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. THE PREPARED RETURN IS REVIEWED IN DETAIL BY THE EXECUTIVE DIRECTOR. THE ORGANIZATION'S TREASURER AND FINANCE COMMITTEE WILL REVIEW AND APPROVE FOR PRESENTATION TO THE BOARD OF DIRECTORS FOR APPROVAL TO FILE WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES BOARD MEMBERS TO DISCLOSE CONFLICTS THAT ARISE. COVERED INDIVIDUALS WITH DISCLOSED CONFLICTS OF INTEREST MUST RECUSE THEMSELVES FROM ANY DISCUSSION, CONSIDERATION AND VOTING IF SO DETERMINED BY THE REMAINING MEMBERS OF THE BOARD ON ANY AND ALL ISSUES THAT MAY IMPACT SUCH BOARD MEMBER'S INTEREST. REMAINING MEMBERS OF THE BOARD SHALL DETERMINE IF A CONFLICT EXITS. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 ALL POSITIONS ARE OUTSOURCED. THE MANAGEMENT FEE PAID IS DETERMINED AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.