2024-11-04T13:14:12-06:00 2023-12-31 751044330 LANE GORMAN TRUBITT LLC 2626 HOWELL ST SUITE 700 DALLAS TX 75204 990 2023-01-01 752611922 CONNEX CONN 9722319810 220 LAS COLINAS BLVD E 100 IRVING TX 75039 WILLIAM M YANEK CEO 9722319810 2024-10-30 1 1 KEVIN WARNEKE P01294950 2148717500 2023 2024-10-15 13:58:12Z CONNEXFM WILLIAM M YANEK 220 LAS COLINAS BLVD E 100 IRVING TX 75039 8397922 0 X WWW.CONNEXFM.COM X 1995 TX TO GIVE MEMBERS A COMPETITIVE ADVANTAGE IN MULTI-SITE FACILITIES MANAGEMENT. 15 15 25 317 278412 0 88594 497072 5405165 6503427 111914 86210 7187 0 5612860 7086709 205 200 0 0 2196809 2516252 0 0 0 3942386 4680382 6139400 7196834 -526540 -110125 6513724 7123936 4593122 4904653 1920602 2219283 AUTHORITY ON RETAIL & MULTI-SITE FACILITIES MANAGEMENT & LEADING MEMBERSHIP ORGANIZATION FOR FMS & SUPPLIER PROFESSIONALS. EMPOWERS THE FACILITIES MANAGEMENT PROFESSIONALS WITH BEST PRACTICES, BENCHMARKING, EDUCATION, DISCUSSION FORUMS & TRUSTED PARTNERSHIPS. 0 0 HOSTED NATIONAL CONFERENCE FOR MULTI-SITE AND SUPPLIER MEMBERS. THE NATIONAL CONFERENCE PROVIDED EDUCATIONAL CONTENT AND TRADE SHOW SERVICES. PROVIDED OTHER PROGRAM SERVICES CONSISTING OF ON-LINE EDUCATIONAL CONTENT, PUBLISHED EDUCATIONAL CONTENT, AND SMALL GROUP EVENTS TO ENHANCE COLLABORATION BETWEEN MULTI-SITE MEMBERS AND SUPPLIERS TO SERVE THE MISSION OF THE ORGANIZATION. HOSTED MID-YEAR CONFERENCE FOR MULTI-SITE AND SUPPLIER MEMBERS. THE MID-YEAR CONFERENCE PROVIDED EDUCATIONAL CONTENT AND TRADE SHOW SERVICES. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 12 0 1 25 1 1 1 0 0 0 1 1 0 0 0 X 15 15 0 1 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X VENTURITY ACCOUNTING SERVICES 9726920380 14841 DALLAS PKWY DALLAS TX 75254 TONY DISPIRITO CHAIR 3.00 0.00 X X 0 0 0 SID SHETTY VICE CHAIR 3.00 0.00 X X 0 0 0 KURT GNESSIN TREASURER 3.00 0.00 X X 0 0 0 AMANDA STEPHEN SECRETARY 3.00 0.00 X X 0 0 0 PATRICIA BACIGALUPO IMMEDIATE PAST CHAIR 3.00 0.00 X X 0 0 0 CATHERINE BARNES DIRECTOR 3.00 0.00 X 0 0 0 ADAM ORYSZCZAK DIRECTOR 3.00 0.00 X 0 0 0 KENNETH JONES DIRECTOR 3.00 0.00 X 0 0 0 PRINCE REED DIRECTOR 3.00 0.00 X 0 0 0 ALEX DIPIETRO DIRECTOR 3.00 0.00 X 0 0 0 RYAN BECK DIRECTOR 3.00 0.00 X 0 0 0 MARK CONSIGNY DIRECTOR 3.00 0.00 X 0 0 0 MICHAEL ZOLTON MULTI-SITE 1ST ALTERNATIVE 3.00 0.00 X 0 0 0 JASON MILLER MULTI-SITE 2ND ALTERNATIVE 3.00 0.00 X 0 0 0 CHRISTOPHER JERNIGAN SUPPLIER ALTERNATE 3.00 0.00 X 0 0 0 WILLIAM M YANEK CHIEF EXECUTIVE OFFICER 40.00 0.00 X 262891 0 7222 LEEANN NORTON CHIEF OPERATING OFFICER 40.00 0.00 X 187419 0 20763 JULIE DAWN BOGGS VP, MEMBERSHIP DEVELOPMENT 40.00 0.00 X 149776 0 31284 BROOKE MARIE COWART VP, CONTENT & RESOURCES 40.00 0.00 X 115996 0 2485 WILLIAM CARY RICHMOND DIRECTOR, CONTENT & RESOURCES 40.00 0.00 X 104416 0 14481 GINGER LENA HAYWARD DIRECTOR, GLOBAL MEETINGS & EVENTS 40.00 0.00 X 102012 0 12897 922510 0 89132 6 0 1 0 GLC 1 W HARRIS AVE SUITE 2C LA GRANGE IL 60525 DIGITAL CONTENT CREATION 169355 SHEPARD EXPOSITION SERVICES 1424 HILLS PLACE ATLANTA GA 30318 EXPOSITION SERVICES 168811 2 492283 4789 497072 CONFERENCES AND EDUCATION 611430 5223247 5223247 MEMBERSHIP DUES 611430 1001768 1001768 PUBLICATION ADVERTISING 541800 278412 278412 6503427 114923 114923 1282500 1311213 -28713 -28713 -28713 7086709 6225015 278412 86210 200 478294 1823340 22739 191879 5017 200850 47162 420075 256868 404781 156209 231979 216261 2490491 59476 16469 FM GRANT / HOSTED BUYER 148968 TAXES AND LICENSES 6607 19169 7196834 700 14500 775836 991856 59667 71640 175876 333002 491258 237701 300652 253557 4105878 4538773 9403 9403 1085712 911205 6513724 7123936 329179 224033 2505944 3467649 385800 0 1372199 1212971 4593122 4904653 X 1920602 2219283 1920602 2219283 6513724 7123936 -110125 408806 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 392757 157738 235019 98501 79963 18538 253557 RIGHT OF USE ASSET 879579 SECURITY DEPOSIT 31626 911205 LEASE LIABILITY 1212971 1212971 X PART X, LINE 2: CONNEXFM IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE ("IRC") OF 1986, AS AMENDED, AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(6) OF THE IRC. HOWEVER, INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE ASSOCIATION'S EXEMPT PURPOSE IS SUBJECT TO TAX UNDER IRC SECTION 511. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THE TAX OWED ON UNRELATED BUSINESS ACTIVITIES WAS $0. THE ASSOCIATION IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS. HOWEVER, THE CONCLUSIONS REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN NOT CRITERION OF FASB ASK TOPIC 740-10, ACCOUNTING FOR INCOME TAXES, WOULD BE IMMATERIAL TO THE COMBINED FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE COMBINED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS OR ACCRUED IN THE COMBINED STATEMENTS OF FINANCIAL POSITION. THE ASSOCIATION'S INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILING. X X X 0 0 0 WILLIAM M YANEK CHIEF EXECUTIVE OFFICER 252762 0 10129 0 0 0 7222 0 0 0 270113 0 0 0 LEEANN NORTON CHIEF OPERATING OFFICER 179627 0 7792 0 0 0 5325 0 15438 0 208182 0 0 0 JULIE DAWN BOGGS VP, MEMBERSHIP DEVELOPMENT 143222 0 6554 0 0 0 4257 0 27027 0 181060 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A AN EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE BOARD. IT HAS AUTHORITY TO PROVIDE DIRECTION TO THE CEO WITH RESPECT TO MATTERS THAT THE BYLAWS REQUIRE VOTE OF MEMBERSHIP OR VOTE OF THE FULL BOARD. FORM 990, PART VI, SECTION A, LINE 3 GLEN KATLEIN, AN INDEPENDENT CFO CONSULTANT, PROVIDES CFO LEADERSHIP ON A PART-TIME 1099 BASIS. COMPENSATION AMOUNTED TO $36,225. FORM 990, PART VI, SECTION A, LINE 6 THERE SHALL BE SEVEN (7) CLASSES OF MEMBERSHIP IN THE ASSOCIATION: MULTI-SITE CORPORATE, SUPPLIER CORPORATE, PROFESSIONAL SERVICES CORPORATE, EDUCATIONAL CORPORATE, EDUCATIONAL INDIVIDUAL, STUDENT INDIVIDUAL, AND MULTI-SITE INDIVIDUAL. MULTI-SITE CORPORATE MEMBERSHIP IS OPEN TO COMPANIES EMPLOYING MULTI-SITE FACILITIES MAINTENANCE MANAGEMENT AND NONMANAGEMENT, AND TO MULTI-SITE PROPERTY FIRMS INCLUDING PROPERTY OWNERS, LANDLORDS AND DEVELOPERS WHO MANAGE MULTI-SITE FACILITIES. INDIVIDUALS EMPLOYED BY COMPANIES PROVIDING PRODUCTS OR SERVICES OF ANY KIND WHATSOEVER TO MULTI-SITE CORPORATE MEMBERS, EXCEPT AS LANDLORD OR PROPERTY OWNER, ARE INELIGIBLE FOR MULTI-SITE CORPORATE MEMBERSHIP. MEMBERSHIP IS OPEN TO MORE THAN ONE DESIGNEE EMPLOYED AT THE SAME COMPANY; PROVIDED, HOWEVER, THERE SHALL BE UP TO TWO (2) VOTING MEMBERS PER COMPANY. THE BOARD MAY, AT ITS DISCRETION, ESTABLISH OR ALTER CATEGORIES, THE NUMBER OF VOTES ALLOTTED TO EACH MEMBER, AND A PRICING STRUCTURE WITHIN THE MULTI-SITE CORPORATE MEMBERSHIP CLASS. SUPPLIER CORPORATE MEMBERSHIP IS OPEN TO MANUFACTURERS, VENDORS, DEALERS AND DISTRIBUTORS OF MULTI-SITE FACILITY RELATED PRODUCTS OR SERVICES AND PROPERTY MANAGERS AND DEVELOPERS OF MULTI-SITE PROPERTIES WHO PROVIDE PRODUCTS AND SERVICES TO MULTI-SITE CORPORATE MEMBERS. MEMBERSHIP IS OPEN TO MORE THAN ONE DESIGNEE EMPLOYED AT THE SAME COMPANY; PROVIDED, HOWEVER, THERE SHALL BE UP TO TWO (2) VOTING MEMBERS PER COMPANY. THE BOARD MAY, AT ITS DISCRETION, ESTABLISH OR ALTER CATEGORIES, THE NUMBER OF VOTES ALLOTTED TO EACH MEMBER, AND A PRICING STRUCTURE WITHIN THE SUPPLIER CORPORATE MEMBERSHIP CLASS. PROFESSIONAL SERVICES CORPORATE MEMBERSHIP IS OPEN TO ARCHITECTS, CONSULTANTS, AND ENGINEERS WHO PROVIDE SERVICES TO MULTI-SITE CORPORATE MEMBERS OR SUPPLIER CORPORATE MEMBERS. THIS EXCLUDES LANDLORDS, PROPERTY OWNER, PROPERTY MANAGERS OR COMPANIES DESIGNATED TO REPRESENT, OR AGENTS OF, MULTI-SITE CORPORATE MEMBERS. MEMBERSHIP IS OPEN TO MORE THAN ONE DESIGNEE EMPLOYED AT THE SAME COMPANY; PROVIDED, HOWEVER, THERE SHALL BE UP TO TWO (2) VOTING MEMBERS PER COMPANY. THE BOARD MAY, AT ITS DISCRETION, ESTABLISH OR ALTER CATEGORIES, THE NUMBER OF VOTES ALLOTTED TO EACH MEMBER, AND A PRICING STRUCTURE WITHIN THE PROFESSIONAL SERVICES CORPORATE MEMBERSHIP CLASS. EDUCATIONAL CORPORATE MEMBERSHIP IS OPEN TO ORGANIZATIONS ENGAGED IN EDUCATING STUDENTS IN FACILITIES MANAGEMENT, CONSTRUCTION, AND SKILLED TRADES. INDIVIDUALS EMPLOYED BY ORGANIZATIONS PROVIDING PRODUCTS OR SERVICES OF ANY KIND WHATSOEVER TO MULTI-SITE CORPORATE MEMBERS ARE INELIGIBLE FOR EDUCATIONAL CORPORATE MEMBERSHIP. MEMBERSHIP IS OPEN TO MORE THAN ONE DESIGNEE EMPLOYED AT THE SAME ORGANIZATION; PROVIDED, HOWEVER, THERE SHALL BE UP TO TWO (2) VOTING MEMBERS PER ORGANIZATION. THE BOARD MAY, AT ITS DISCRETION, ESTABLISH CATEGORIES, VOTING MEMBER ALLOTMENT, AND A PRICING STRUCTURE WITHIN THE EDUCATIONAL CORPORATE MEMBERSHIP CLASS. INDIVIDUAL MEMBERSHIP IS OPEN TO ANY PERSON EMPLOYED IN A MULTI-SITE FACILITIES MAINTENANCE MANAGEMENT OR NONMANAGEMENT POSITION AT AN ORGANIZATION THAT IS NOT ALREADY A CONNEXFM CORPORATE MEMBER; ANY PERSON EMPLOYED AT AN ORGANIZATION ENGAGED IN EDUCATING STUDENTS IN FACILITIES MANAGEMENT, CONSTRUCTION, AND SKILLED TRADES; OR ANY PERSON ENROLLED IN AN EDUCATIONAL INSTITUTION OR PROGRAM FOCUSED ON FACILITIES MANAGEMENT, CONSTRUCTION, AND/OR SKILLED TRADES. ANY PERSON EMPLOYED BY AN ORGANIZATION PROVIDING PRODUCTS OR SERVICES OF ANY KIND WHATSOEVER TO MULTI-SITE CORPORATE MEMBERS IS INELIGIBLE FOR INDIVIDUAL MEMBERSHIP. THERE SHALL BE UP TO ONE (1) VOTING MEMBER PER INDIVIDUAL MEMBER. THE BOARD MAY, AT ITS DISCRETION, ESTABLISH CATEGORIES, AND A PRICING STRUCTURE WITHIN THE INDIVIDUAL MEMBERSHIP CLASS. FORM 990, PART VI, SECTION A, LINE 7A THE ELECTION OF BOARD MEMBERS REQUIRES VOTE OF ORGANIZATION MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FILING OF FORM 990 IS IN CONJUNCTION WITH THE AUDIT INVESTMENT COMMITTEE DELEGATED AUTHORITY TO ACT ON BEHALF OF THE BOARD WITH RESPECT TO AUDITED FINANCIAL STATEMENTS AND RELATED TAX FILINGS. FORM 990, PART VI, SECTION B, LINE 12C WHEN THE BOARD IS TO DECIDE AN ISSUE ABOUT WHICH A BOARD MEMBER HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THAT BOARD MEMBER SHALL DISCLOSE THE CONFLICT TO THE BOARD AND ABSENT HERSELF OR HIMSELF WITHOUT COMMENT FROM NOT ONLY THE VOTE, BUT ALSO FROM THE DELIBERATION. A CONFLICTING INTEREST EXISTS WHEN A BOARD MEMBER OR A RELATED PARTY HAS A BENEFICIAL FINANCIAL INTEREST IN THE TRANSACTION OF SUFFICIENT SIGNIFICANCE THAT IT WOULD REASONABLY BE EXPECTED TO EXERT AN INFLUENCE ON THAT BOARD MEMBER'S JUDGEMENT IF HE OR SHE WERE CALLED UPON TO VOTE ON THE MATTER. RELATED PARTIES INCLUDE THE BOARD MEMBER'S SPOUSE, PARENTS, CHILDREN, SIBLINGS, SIBLINGS OF THE PARENT OR SPOUSE, AND ALL OTHER PERSONS OR ENTITIES IN WHICH THE BOARD MEMBER HAS AN INTEREST, PARTNER, AGENT, OR EMPLOYEE, OR EXERTS CONTROL OF INFLUENCE, EITHER DIRECTLY OR INDIRECTLY. IN CASE OF A DISPUTE REGARDING THE EXISTENCE OF A REAL OR PERCEIVED CONFLICT OF INTEREST, THE BOARD SHALL VOTE AS TO WHETHER A CONFLICT IS PRESENT, AND THE VOTE OF THE BOARD SHALL BE FINAL. THE INDIVIDUAL WITH THE POTENTIAL CONFLICT OF INTEREST SHALL NOT VOTE. BOARD MEMBERS WILL, PRIOR TO TAKING OFFICE AND ANNUALLY THEREAFTER, COMPLETE AND SUBMIT TO THE CEO A CONFLICT OF INTEREST DISCLOSURE STATEMENT, DISCLOSING THEIR INVOLVEMENTS AND INTERESTS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST INCLUDING, BUT NOT LIMITED TO THEIR INVOLVEMENT OR THOSE OF FAMILY MEMBERS, AS DIRECTORS OR OFFICERS OF OTHER ORGANIZATIONS WITH VENDORS OR OTHER AFFILIATIONS WITH OTHER ENTITIES THAT MIGHT REASONABLY BE PERCEIVED AS A CONFLICT. BOARD MEMBERS WILL PROMPTLY UPDATE THEIR DISCLOSURES IF, DURING THE YEAR, A MATERIAL CHANGE IN CIRCUMSTANCES SHOULD OCCUR. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS THE SALARY AND BONUS COMPENSATION OF THE CEO ANNUALLY. THE COMMITTEE REFERENCED COMPENSATION BENCHMARK DATA FROM THE EXECUTIVE RECRUITER PROVIDED DURING HIRING THE CEO IN 2019. THE COMMITTEE CONSIDERS PRUDENT MERIT ADJUSTMENTS ANNUALLY SUBSEQUENT TO ESTABLISHING THE STARTING SALARY BASED ON COMPETITIVE BENCHMARK DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD, OR ITS APPOINTED DESIGNEE, SHALL EACH YEAR SELECT AND EMPLOY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WHOSE DUTY IT SHALL BE TO AUDIT THE BOOKS AND RECORDS OF THE ASSOCIATION AT LEAST ONCE PER YEAR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. CONNEX FOUNDATION INC 220 LAS COLINAS BLVD E IRVING TX 750395509 820663896 EDUCATION, TRAINING, VOLUNTEERING FOR FM ORGS TX 501(C)(3) LINE 7 CONNEX 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0