SHRM IRS 2009 990 FILING

SUMMARY

The IRS Form 990 is an annual reporting return that certain federally tax-exempt organizations must file with the IRS. It provides information on the
filing organization's mission, programs, and finances. SHRM is subject to these requirements.

It is our understanding that the 2009 990 report was due five months after the close of the organization’s fiscal year. Thus, in
SHRM’s case the report was due by May 2009. However, SHRM utilized all possible extensions, and did not file the 990 report
until November 2010.

This is a brief analysis of the 2009 990 report including the SHRM reported investments in other countries, as well as the
compensation of what is considered “key” staff as well as the Board of Directors, if they are compensated, as they are in
SHRM’s case.

To obtain a copy of the full 40 page report see this website: http://www.guidestar.org/FinDocuments/2009/340/948/2009-
340948453-06ad9068-9O.pdf,

However, if this link does not work you may have to go and sign into Guidestar and register.

See: http://www.guidestar.org and search for the Society for Human Resource Management.

You may need this information:

Organization Name
Society for Human Resource Management
State Code
Virginia
ZIP Code
22314
EIN (no dashes)
340948453
Fiscal Year
2009

You will want to examine the full 40 page report carefully. This is a brief summary For instance:

1. Note how much money has been invested in other countries, especially in Asia. For instance, based on SHRM’ reported
number of members, employees and costs for the regions, the followings can be estimated.

Expenditures per Number of Number of Activities conducted Members per Total Percent Cost per
Region employees in members in in the Region employee expenditures member
Region Region1 for the region
South Asia (India) 402 2279 Maintaining Offices & 57 $1,422,639 83% $624
Program Services
East Asia and Pacific 6 153 Maintaining Offices & 25 $273,602 16% $1,788
(China) Program Services
Canada & Mexico 0 1020 Maintaining Offices & No employees $13,507 1% $13
Program Services3
$1,709,748 100%

US Chapters support >350 70,3504 Maintaining Offices & 201 $1,630,087 Note: less than $23.17
Program Services spent on foreign
nations.

2
The SHRM 990 Reports only 1 employee for India, however, we have confirmed that there are now 40.
3

4
Assumes 30% of SHRM’s Member Directory total of 234,501 U.S. Members are in SHRM Chapters = 70,350
 2. There is a requirement within the IRS 990 submission to report the compensation of Officers, Directors,
Trustees, if they are compensated. That part of SHRM’s 990 report shows the following.

Name Average hours per week reported Reportable Compensation5

Robb Van Cleave 8 $54,188
Janet Parker (When Past Chair) 8 19,039
Mel Asbury 8 12,789
Rita Bennett 8 12,789
Jose Berrios 8 19,039
Calvin Finch 8 19,039
Bette Francis 8 19,235
Carolyn Gould6 8 0
Steven Jarrett (No longer on Board) 8 12,789
James Kaitz 8 12.789
Gary Lathan 8 12.789
Virda Rhem 8 10,789
Gabriel Toledano 8 10,289
Total $220.563

3. There is also a requirement within the IRS 990 submission to report the total compensation of key staff and
Board members if the Board is compensated. Note also the summary of the highly paid staff and Board
member compensation. Some of the major ones are:

Name (Top 10 only listed here) Base Pay Bonus Other Deferred Nontaxable Total
Kathleen China Gorman $488,237 $127,920 $19,544 $13,710 $11,115 $660,526
Laurence O’Neal 519,210 44,156 9,030 30,457 13,622 616,475
Henry Jackson 308,186 88,956 202 14,593 12,688 514,625
Steve Miranda 347,319 79,958 589 13,632 15,560 456,058
Gary Rubin 341,044 73,017 262 12,366 11,422 438,111
Henry Hart 260,838 71,774 238 14,612 6,712 354,174
Debra Cohen 240,046 70,338 197 14,271 5,877 330,729
Steven Horn 235,137 68,738 217 7,816 15,560 327,468
William Maroni 243,781 65.713 194 12,412 1,040 323,140
Pam Greene 175,873 49,963 183 12,656 15,081 253,756

File: 990 IRS SHRM 2009 submission and analysis

5
Board compensation levels during 2009 were $25,000 for the Chair, $15,000 for committee chairs, chair elect and past chair and $10,000 for
other Board members. .
6
Ms. Gould’s employer, PriceWaterhouseCoopers, will not permit her to accept SHRM Board compensation.