2025-11-14T15:05:59-05:00 2024-12-31 273263553 GALLEROS ROBINSON 115 DAVIS STATION RD CREAM RIDGE NJ 08514 990 2024-01-01 862054001 OWNERSHIP WORKS INC OWNE 2126002093 209 W 29TH STREET 167 NEW YORK NY 10001 ANNA-LISA MILLER VICE PRES & EXEC DIR 2126002093 2025-11-14 false LEONORA GALLEROS P00181670 6469210400 2025-11-14 2024 2025-03-06 01:10:19Z EXTENDED UNTIL NOVEMBER 17 2025 ANNA-LISA MILLER 209 W 29TH STREET 167 NEW YORK NY 10001 7632226 false X WWW.OWNERSHIPWORKS.ORG X 2021 DE PART I, LINE 1 & PART, III LINE 1 - THE NONPROFIT'S MISSION IS TO RESEARCH, EDUCATE AND INFORM ABOUT THE BENEFITS OF AND METHODS TO ACHIEVE EMPLOYEE OWNERSHIP OF BUSINESSES IN ORDER TO ALIGN EMPLOYEES- AND OWNERS' INTERESTS AND CREATE WEALTH-BUILDING OPPORTUNITIES FOR LOW AND MODERATE-INCOME WORKERS. 15 13 38 14 0 7118061 6983242 10000 91000 112986 552894 5090 7241047 7632226 25000 0 4361120 6136402 0 653145 2748505 2477763 7109625 8639165 131422 -1006939 36634563 35509993 2516022 2390077 34118541 33119916 X PLEASE REFER TO PART I LINE 1 false false 6649697 25000 91000 OWNERSHIP WORKS' CORE PROGRAMS: SINCE OUR FOUNDING IN FEBRUARY 2021, OWNERSHIP WORKS ("O.W.") HAS GENERATED STRONG MOMENTUM AROUND SHARED OWNERSHIP AND SUCCESSFULLY HARNESSED IT TO DRIVE PROGRAM ADOPTION. O.W.'S CORE PROGRAMS ARE: (1) HANDS-ON GUIDANCE TO HELP INVESTORS AND PUBLIC AND PRIVATE COMPANIES THROUGH EACH STEP IN THE PROCESS OF IMPLEMENTING A SHARED OWNERSHIP PROGRAM; AND (2) MOVEMENT BUILDING TO GENERATE A GROUNDSWELL OF INTEREST IN SHARED OWNERSHIP AMONG WORLD-CLASS BUSINESSES AND CORPORATE LEADERS. PLEASE FIND MORE DETAILS ON THESE PILLARS' KEY ACTIVITIES AND HOW THESE PILLARS INTERACT BELOW. HANDS-ON GUIDANCE: WE HELP INVESTORS AND COMPANIES IMPLEMENT HOLISTIC SHARED OWNERSHIP PROGRAMS. O.W.'S SUPPORT INCLUDES RESOURCES AND TAILORED GUIDANCE COVERING STRUCTURING AND SIZING A BROAD-BASED EMPLOYEE OWNERSHIP PLAN; FOSTERING A COMPANY CULTURE OF OWNERSHIP THAT EMPOWERS EMPLOYEES TO FEEL, THINK, AND ACT LIKE OWNERS; AND METHODS FOR ENHANCING EMPLOYEES' FINANCIAL WELLBEING TO SUPPORT WEALTH BUILDING THROUGH AND BEYOND THE OWNERSHIP PROGRAM. MOVEMENT BUILDING: THROUGH PARTNERSHIPS, EVENTS AND NETWORK-BUILDING, DATA AND INSIGHTS, STORYTELLING, AND STANDARD SETTING, WE ARE CATALYZING A GROUNDSWELL OF INTEREST IN EMPLOYEE OWNERSHIP ACROSS CORPORATE AMERICA. OWNERSHIP WORKS IS RAISING AWARENESS AND INCREASING ENGAGEMENT AMONG OUR PARTNERS AND KEY CONSTITUENCY GROUPS SPANNING FINANCIAL SERVICE FIRMS; FOUNDATIONS AND NONPROFITS; INVESTORS; LABOR ADVOCATES; PENSION FUNDS; PROFESSIONAL SERVICE PROVIDERS; AND PUBLIC COMPANIES WITH BROAD-BASED EMPLOYEE OWNERSHIP. OUR IMPACT TO DATE: 1. 38 TOTAL INVESTOR PARTNERS; OVER 100 PARTNERS TOTAL. (AS OF OCTOBER 2025) 2. 167 COMPANIES WITH BOARD-APPROVED SHARED OWNERSHIP PROGRAMS, REACHING OVER 250,000 EMPLOYEES. (AS OF OCTOBER 2025) 3. OVER 10 BILLION IN PROJECTED WEALTH GENERATED AND ALLOCATED TO WORKERS OUTSIDE OF THE C-SUITE VIA SHARED OWNERSHIP; 1.3 BILLION TOTAL WEALTH SHARED WITH WORKERS OUTSIDE OF THE C-SUITE. (AS OF OCTOBER 2025). 4. IN 2023, O.W. HOSTED TWO SUCCESSFUL IN-PERSON CONVENINGS THAT REACHED APPROXIMATELY 250 CEOS, COMPANY EXECUTIVES, INVESTORS, AND SHARED OWNERSHIP ADVOCATES. IN 2024, O.W. HOSTED ITS THIRD IN-PERSON CONVENING, A TWO-DAY EVENT WITH OVER 250 GUESTS IN ATTENDANCE, REPRESENTING 86 COMPANIES AND 33 INVESTMENT FIRMS. 5. O.W. REACHED OVER 12,700 FOLLOWERS ON LINKEDIN AND REACHED OVER 2,500 NEWSLETTER SUBSCRIBERS. (AS OF OCTOBER 2025). 6649697 true true false false false false false false false false true false false true true true true false false false false false false false false false false true false true false false false false false false false false true false false false false false false false false true 24 0 38 true false false false false false false false false false false false false false false X 15 13 false false false false true true false true true false false true true true true true true true false false AK AL AR CA CO CT FL GA HI KS MD ME MI MN MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV NV X X ANNA-LISA MILLER 2126002093 209 W 29TH STREET 167 NEW YORK NY 10001 ANNA-LISA MILLER VICE PRES & 40.00 X X 430449 0 26108 RONALD BLAKE DIR, FINANCE 40.00 X 256273 0 33649 STACY KOWSZ PRINCIPAL 40.00 X 248453 0 16552 EMILY CARPENTER PRINCIPAL 40.00 X 243836 0 32755 ALEX KAUFMAN MGR, CLIENT 40.00 X 231094 0 20729 MELISSA BUKURU PRINCIPAL 40.00 X 223480 0 33225 JEANNE MCLAUGHLIN DIR, CLIENT 40.00 X 211915 0 30421 PETER STAVROS PRESIDENT & 5.00 X X 0 0 0 THOMAS NARATIL TREASURER 0.10 X X 0 0 0 JOHN DANHAKL DIRECTOR 0.10 X 0 0 0 VICENTE REYNAL DIRECTOR 0.10 X 0 0 0 NATE TAYLOR DIRECTOR 0.10 X 0 0 0 MARYANNE HANCOCK DIRECTOR 0.10 X 0 0 0 JAMES NEARY DIRECTOR 0.10 X 0 0 0 LEELA RAMNATH DIRECTOR 0.10 X 0 0 0 TODD SISITSKY DIRECTOR 0.10 X 0 0 0 WILMA LIEBMAN DIRECTOR 0.10 X 0 0 0 SARITA GUPTA DIRECTOR 0.10 X 0 0 0 BRIAN HULL FROM 0524 DIRECTOR 0.10 X 0 0 0 EDWARD CAREY FROM 1224 DIRECTOR 0.10 X 0 0 0 TIM TRACY FROM 1224 DIRECTOR 0.10 X 0 0 0 MARIO GIANNINI UP TO 1224 DIRECTOR 0.10 X 0 0 0 1845500 193439 20 false true false CLARITY LLC WORK LIFE OFFICE SUITES PENN 1 3RDF 250 WEST 34TH STREET NEW YORK NY 10119 ADMIN & SUPPORT 198523 1 6983242 101158 6983242 SERVICE REVENUE 91000 91000 91000 552894 552894 OTHER REVENUE 5090 5090 5090 7632226 96090 552894 X 25000 25000 746479 379742 269262 97475 4629751 4065605 314677 249469 167142 132625 19006 15511 212506 156026 41192 15288 380524 314902 44175 21447 37931 37931 1486699 992194 316629 177876 82711 58344 8722 15645 412994 289095 82600 41299 50792 45901 4891 104440 73108 20888 10444 32850 22995 6570 3285 BAD DEBTS 133332 133332 EDUCATION AND TRAINING 37677 29307 8340 30 OFFICE SUPPLIES 33538 23477 6707 3354 OTHER EXPENSES 21030 11316 8990 724 43769 30060 12411 1298 8639165 6649697 1336323 653145 2014990 2844235 10382743 10253282 21825639 20047959 29874 114209 425267 164614 335709 260653 65662 200199 1979946 1789456 36634563 35509993 767239 986462 25000 1748783 1378615 2516022 2390077 X 34118541 32894916 225000 34118541 33119916 36634563 35509993 -1006939 8314 X false true X true false X 21548666 17113449 7118061 6983242 52763418 21548666 17113449 7118061 6983242 52763418 12534219 40229199 42 14517 112986 552894 680439 5090 5090 53448947 106378 X PART II, LINE 10 5,090 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 107671 32301 75370 99703 67548 32155 217893 64765 153128 260653 RIGHT-OF-USE ASSET 1231191 OTHER ASSET - DOCUMENTARY PRODUCTION 515000 OTHER RECEIVABLE 43265 1789456 OPERATING LEASE LIABILITIES 1378615 1378615 X 8506363 8314 865823 874137 7632226 7632226 9504988 865823 865823 8639165 8639165 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. false NATIONAL OPINION RESEARCH CENTER AT THE UNIVERSITY OF CHICAGO 20TH FLOOR E MONROE STREET CHICAGO IL 60603 352167808 501C3 25000 2026 GSS SURVEY X X false false false false false false false false false ANNA-LISA MILLER VICE PRES & EXEC DIR 430449 16375 9733 456557 RONALD BLAKE DIR, FINANCE & OPS 256273 14450 19199 289922 STACY KOWSZ PRINCIPAL 248453 8399 8153 265005 EMILY CARPENTER PRINCIPAL 243836 16256 16499 276591 ALEX KAUFMAN MGR, CLIENT ADV SVCS 231094 9547 11182 251823 MELISSA BUKURU PRINCIPAL 223480 14916 18309 256705 JEANNE MCLAUGHLIN DIR, CLIENT ADV SVCS 211915 14178 16243 242336 X 14 101158 FAIR VALUE false true false FORM 990, PAGE 2, PART III, LINE 4A OWNERSHIP WORKS' CORE PROGRAMS: SINCE OUR FOUNDING IN FEBRUARY 2021, OWNERSHIP WORKS ("O.W.") HAS GENERATED STRONG MOMENTUM AROUND SHARED OWNERSHIP AND SUCCESSFULLY HARNESSED IT TO DRIVE PROGRAM ADOPTION. O.W.'S CORE PROGRAMS ARE: (1) HANDS-ON GUIDANCE TO HELP INVESTORS AND PUBLIC AND PRIVATE COMPANIES THROUGH EACH STEP IN THE PROCESS OF IMPLEMENTING A SHARED OWNERSHIP PROGRAM; AND (2) MOVEMENT BUILDING TO GENERATE A GROUNDSWELL OF INTEREST IN SHARED OWNERSHIP AMONG WORLD-CLASS BUSINESSES AND CORPORATE LEADERS. PLEASE FIND MORE DETAILS ON THESE PILLARS' KEY ACTIVITIES AND HOW THESE PILLARS INTERACT BELOW. HANDS-ON GUIDANCE: WE HELP INVESTORS AND COMPANIES IMPLEMENT HOLISTIC SHARED OWNERSHIP PROGRAMS. O.W.'S SUPPORT INCLUDES RESOURCES AND TAILORED GUIDANCE COVERING STRUCTURING AND SIZING A BROAD-BASED EMPLOYEE OWNERSHIP PLAN; FOSTERING A COMPANY CULTURE OF OWNERSHIP THAT EMPOWERS EMPLOYEES TO FEEL, THINK, AND ACT LIKE OWNERS; AND METHODS FOR ENHANCING EMPLOYEES' FINANCIAL WELLBEING TO SUPPORT WEALTH BUILDING THROUGH AND BEYOND THE OWNERSHIP PROGRAM. MOVEMENT BUILDING: THROUGH PARTNERSHIPS, EVENTS AND NETWORK-BUILDING, DATA AND INSIGHTS, STORYTELLING, AND STANDARD SETTING, WE ARE CATALYZING A GROUNDSWELL OF INTEREST IN EMPLOYEE OWNERSHIP ACROSS CORPORATE AMERICA. OWNERSHIP WORKS IS RAISING AWARENESS AND INCREASING ENGAGEMENT AMONG OUR PARTNERS AND KEY CONSTITUENCY GROUPS SPANNING FINANCIAL SERVICE FIRMS; FOUNDATIONS AND NONPROFITS; INVESTORS; LABOR ADVOCATES; PENSION FUNDS; PROFESSIONAL SERVICE PROVIDERS; AND PUBLIC COMPANIES WITH BROAD-BASED EMPLOYEE OWNERSHIP. OUR IMPACT TO DATE: 1. 38 TOTAL INVESTOR PARTNERS; OVER 100 PARTNERS TOTAL. (AS OF OCTOBER 2025) 2. 167 COMPANIES WITH BOARD-APPROVED SHARED OWNERSHIP PROGRAMS, REACHING OVER 250,000 EMPLOYEES. (AS OF OCTOBER 2025) 3. OVER 10 BILLION IN PROJECTED WEALTH GENERATED AND ALLOCATED TO WORKERS OUTSIDE OF THE C-SUITE VIA SHARED OWNERSHIP; 1.3 BILLION TOTAL WEALTH SHARED WITH WORKERS OUTSIDE OF THE C-SUITE. (AS OF OCTOBER 2025). 4. IN 2023, O.W. HOSTED TWO SUCCESSFUL IN-PERSON CONVENINGS THAT REACHED APPROXIMATELY 250 CEOS, COMPANY EXECUTIVES, INVESTORS, AND SHARED OWNERSHIP ADVOCATES. IN 2024, O.W. HOSTED ITS THIRD IN-PERSON CONVENING, A TWO-DAY EVENT WITH OVER 250 GUESTS IN ATTENDANCE, REPRESENTING 86 COMPANIES AND 33 INVESTMENT FIRMS. 5. O.W. REACHED OVER 12,700 FOLLOWERS ON LINKEDIN AND REACHED OVER 2,500 NEWSLETTER SUBSCRIBERS. (AS OF OCTOBER 2025). FORM 990, PAGE 6, PART VI, LINE 6 PETER STAVROS IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A PETER STAVROS, AS THE SOLE MEMBER OF THE ORGANIZATION, HAS THE POWER TO APPOINT OR ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 WAS REVIEWED BY THE PRESIDENT AND VICE PRESIDENT OF THE FILING ORGANIZATION. A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. EACH OFFICER SIGNS A STATEMENT AND DISCLOSURE AT THE START OF THE BOARD TERM INDICATING THAT THEY HAVE READ, THEY UNDERSTAND THE POLICY, AND THEY AGREE TO COMPLY WITH THE GUIDELINES SET FORTH THEREIN. THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE INTERESTS OF THE NONPROFIT WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF A DIRECTOR, OFFICER, OR MEMBER OF A COMMITTEE OF THE CORPORATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. THIS POLICY IS INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE STATE AND FEDERAL LAWS GOVERNING CONFLICT OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE ORGANIZATIONS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH POWERS DELEGATED BY THE BOARD OF DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. FORM 990, PAGE 6, PART VI, LINE 15A EXCEPT AS OTHERWISE PROHIBITED OR LIMITED BY THE BYLAWS OR THE CERTIFICATE OF INCORPORATION, THE CORPORATION MAY PAY REASONABLE COMPENSATION TO ITS DIRECTORS, OFFICERS AND OTHER EMPLOYEES OR AGENTS FOR SERVICES RENDERED. SUCH COMPENSATION SHALL BE DETERMINED BY THE BOARD OF DIRECTORS IN COMPLIANCE WITH THE CORPORATION'S CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS MAY AUTHORIZE THE REIMBURSEMENT OF EXPENDITURES REASONABLY INCURRED BY DIRECTORS, OFFICERS OR OTHER EMPLOYEES OR AGENTS ON BEHALF OF ACTIVITIES FOR THE BENEFIT OF THE CORPORATION. IN ADDITION, THE BOARD REVIEWED COMPENSATION DATA FROM INDEPENDENT SOURCES FOR FUNCTIONALLY COMPARABLE POSITIONS IN ORGANIZATIONS COMPARABLE TO OWNERSHIP WORKS AND BY ANALYZING THE INTERNAL PERFORMANCE DATA, THE BOARD DETERMINES THAT IT PROVIDES A 'REBUTTABLE PRESUMPTION OF REASONABLENESS' THAT THE TOTAL COMPENSATION PROVIDED TO OWNERSHIP WORKS EXECUTIVES IS REASONABLE AND CONSISTENT WITH MARKET PRACTICES. FORM 990, PAGE 6, PART VI, LINE 17 MINNESOTA, MISSISSIPPI, NORTH CAROLINA, NORTH DAKOTA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WASHINGTON, WISCONSIN, WEST VIRGINIA, NEVADA FORM 990, PAGE 6, PART VI, LINE 19 THE CORPORATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G TECHNOLOGY SUPPORT 27,025 109,182 0 EXECUTIVE SEARCH 177,500 22,500 56,750 CLIENT ADVISORY SUPPORT 692,875 45,637 121,126 OTHER SERVICE FEES 94,794 139,310 0 TOTAL 992,194 316,629 177,876