2025-11-17T14:01:51-06:00 2024-12-31 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2024-01-01 133579800 HEALTHCARE BUSINESSWOMEN'S ASSOCIATION INC HEAL 9735750606 167 MADISON AVENUE 557 205 NEW YORK CITY NY 10016 VARDUHI KYUREGHYAN CFO 9735750606 2025-11-17 1 1 RAPHAEL J CARLETTI CPA P01747794 6096899700 2025-11-17 2024 2025-03-06 01:10:19Z X MARY STUTTS 167 MADISON AVENUE 557 205 NEW YORK CITY NY 10016 8823792 0 X WWW.HBANET.ORG X 1979 NY THE HEALTHCARE BUSINESSWOMEN'S ASSOCIATION IS A GLOBAL NONPROFIT ORGANIZATION COMPRISED OF INDIVIDUALS AND ORGANIZATIONS IN HEALTHCARE COMMITTED TO ACHIEVING GENDER PARITY IN LEADERSHIP POSITIONS, PROVIDING EQUITABLE PRACTICES THAT ENABLE ORGANIZATIONS TO REALIZE THE FULL POTENTIAL OF WOMEN AND FACILITATING CAREER AND BUSINESS CONNECTIONS TO ACCELERATE ADVANCEMENT. THE HBA ACCOMPLISHES ITS MISSION THROUGH STRONG BUSINESS NETWORKS, EDUCATION, RESEARCH, ADVOCACY, AND RECOGNITION OF INDIVIDUALS AND COMPANIES. 9 9 41 1458 11994 8134 0 0 7840704 8379713 108158 82447 0 0 7948862 8462160 0 0 0 0 3874617 4328525 0 0 0 4474380 4860355 8348997 9188880 -400135 -726720 6033688 5868358 3120631 3558454 2913057 2309904 X THE HEALTHCARE BUSINESSWOMEN'S ASSOCIATION IS A GLOBAL NONPROFIT ORGANIZATION COMPRISED OF INDIVIDUALS AND ORGANIZATIONS IN HEALTHCARE COMMITTED TO ACHIEVING GENDER PARITY IN LEADERSHIP POSITIONS, PROVIDING EQUITABLE PRACTICES THAT ENABLE ORGANIZATIONS TO REALIZE THE FULL POTENTIAL OF WOMEN AND FACILITATING CAREER AND BUSINESS CONNECTIONS TO ACCELERATE ADVANCEMENT. 0 0 THE ASSOCIATION EMPOWERS MEMBERS AS THEY DEVELOP AND HONE THEIR PERSONAL LEADERSHIP AGENDA, KNOWLEDGE AND SKILLS. ASSOCIATION INVOLVEMENT HELPS MEMBERS REMAIN AT THE CUTTING EDGE OF MARKET TRENDS AND CREATE A NETWORK OF CONTACTS THAT ARE INSTRUMENTAL IN ACHIEVING CAREER GOALS. MEMBERS RECEIVE NETWORKING AND MENTORING OPPORTUNITIES WITH PEERS AND OTHER INDUSTRY LEADERS, EXPERIENTIAL LEARNING THROUGH VOLUNTEERISM, SUBSCRIPTION TO THE HBADVANTAGE, ACCESS TO AN ONLINE MEMBERSHIP DIRECTORY, AND PARTICIPATION IN HBA EVENTS AND WORKSHOPS. THE HBA LEADERSHIP CONFERENCE IS A PREMIER PROFESSIONAL DEVELOPMENT EVENT FOR WOMEN IN THE LIFE SCIENCES AND HEALTHCARE INDUSTRY. THE ANNUAL CONFERENCE CONSISTENTLY DELIVERS INSPIRING SPEAKERS, ACTIVE LEARNING, AND RICH NETWORKING OPPORTUNITIES, LEADING TO MAJOR TRANSFORMATIONS FOR THOSE WHO PARTICIPATE AND THE COMPANIES WHO SUPPORT THEM. AS ORGANIZATIONS EMBRACE NEW WAYS OF THINKING IN ORDER TO MEET THE SOPHISTICATED EXPECTATIONS OF A GLOBAL WORLD, THIS CONFERENCE IS CRITICAL FOR SUCCESS IN SUCH A FAST-PACED, EVER CHANGING ENVIRONMENT. EACH YEAR THE HBA FORMALLY RECOGNIZES INDIVIDUAL MEMBERS IN THE INDUSTRY THAT DEMONSTRATE EXTRAORDINARY ACHIEVEMENTS ON THE JOB. THESE HBA AWARDS HAVE ACHIEVED SUCH RECOGNITION THAT THEY ARE NOW SPECIAL ANNUAL EVENTS ATTRACTING THOUSANDS OF PARTICIPANTS. SMALL NETWORKING EVENTS, EDUCATIONAL PROGRAMS, AND MONTHLY CHAPTER MEETING REVENUES AND EXPENSES. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 41 1 1 1 1 BE 0 0 0 0 0 0 X 9 9 0 0 0 0 1 0 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X MALISSA QUARTERMAN DIRECTOR OF FINANCE 9735750606 167 MADISON AVENUE 557 205 NEW YORK CITY NY 10016 CAROL MONTANDON CHAIR 5.00 X X 0 0 0 TAMIKA JEAN-BAPTISTE VICE-CHAIR 4.00 X X 0 0 0 MARIE-CAROLINE CHAUVET SECRETARY/TREASURER 4.00 X X 0 0 0 TANYA ALCORN DIRECTOR 3.00 X 0 0 0 ADAM DUBOW DIRECTOR 3.00 X 0 0 0 SANDRA FORERO DIRECTOR 3.00 X 0 0 0 NICOLA GREENWAY DIRECTOR 3.00 X 0 0 0 WENDY SHORT-BARTIE DIRECTOR 3.00 X 0 0 0 VICTORIA WILLIAMS DIRECTOR 3.00 X 0 0 0 MARY STUTTS CHIEF EXECUTIVE OFFICER 40.00 X 428400 0 0 VARDUHI KYUREGHYAN CHIEF FINANCIAL OFFICER 40.00 X 97424 0 0 AMY CROLIUS CHIEF OPERATING OFFICER 40.00 X 213839 0 3240 NIKKI JONES CHIEF PEOPLE, DATA, & RESEARCH STRATEGY OFFICER 40.00 X 190868 0 3240 LEENA GADEMSKY SENIOR DIRECTOR, INFORMATI 40.00 X 153550 0 3240 NANCY WHITE SENIOR DIRECTOR, COMMUNICA 40.00 X 129667 0 3240 TELESIA DAVIS VICE PRESIDENT, GLOBAL EDU 40.00 X 140923 0 3240 NICOLE RANDALL GLOBAL HEAD OF EXTERNAL AFFAIRS 40.00 X 136256 0 0 1490927 0 16200 14 0 1 0 NEW YORK MARRIOTT MARQUIS 1535 BROADWAY NEW YORK NY 10036 ANNUAL CONFERENCE LODGING 554574 ENCORE 2365 MATHESON BLVD MISSISSAUGA ONTARIO CA L4W 5B3 ANNUAL CONFERENCE PRODUCTION 348992 SHERATON CENTRE TORONTO HOTEL 123 QUEEN ST W TORONTO ONTARIO CA M5H 2M9 ANNUAL CONFERENCE LODGING 328219 INVNT LLC 101 GREENWICH ST FLOOR 26 NEW YORK NY 10006 ANNUAL CONFERENCE PRODUCTION 208900 SHERATON GRAND CHICAGO RIVERWALK 301 E NORTH WATER STREET CHICAGO IL 60611 ANNUAL CONFERENCE LODGING 206650 9 MEMBERSHIP DUES 900099 4162557 4162557 MEETINGS & CONFERENCES 900099 2493009 2481015 11994 WOMAN OF THE YEAR 900099 1448647 1448647 GENDER PARITY COLLABOR 900099 258500 258500 WOTY DIGITAL BROCHURE 561300 17000 17000 8379713 62380 62380 381699 361632 20067 20067 20067 8462160 8367719 11994 82447 745961 3001696 25520 298948 256400 1103794 12244 37500 11059 25207 62675 125127 483167 306286 2376274 156526 22036 CREDIT CARD & BANK FEES 115614 FEDERAL TAXES 14271 BAD DEBT EXPENSE 4750 MISCELLANEOUS 3825 9188880 2434768 1842387 234033 315483 196750 486411 2796935 3009401 371202 214676 6033688 5868358 859410 361647 2261221 3196807 3120631 3558454 X 2913057 2309904 2913057 2309904 6033688 5868358 -726720 63567 60000 0 X X 0 1 X 1 0 0 X 8724214 63567 209546 273113 8451101 11059 11059 8462160 9387367 209546 209546 9177821 11059 11059 9188880 PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. EUROPE 0 1 THE EUROPEAN REGION HOLDS MEETINGS AND WORKSHOPS FOR ITS LOCAL MEMBERS. THE HBA MEMBERSHIP PROGRAM IS OFFERED TO AREA RESIDENTS SIMILAR TO THE CHAPTERS LOCATED IN THE UNITED STATES. 259455 0 1 0 0 0 1 259455 0 259455 0 0 0 0 0 0 PART I, LINE 2: NO GRANT FUNDS PROVIDED OUTSIDE THE UNITED STATES. PART I, LINE 3: EUROPEAN CHAPTER MEMBERSHIPS ARE MONITORED THE SAME WAY AS CHAPTERS IN THE UNITED STATES. X X X 0 0 0 MARY STUTTS CHIEF EXECUTIVE OFFICER 374400 0 54000 0 0 0 0 0 0 0 428400 0 0 0 AMY CROLIUS CHIEF OPERATING OFFICER 178464 0 35375 0 0 0 0 0 3240 0 217079 0 0 0 NIKKI JONES CHIEF PEOPLE, DATA, & RESEARCH STRAT 157507 0 33361 0 0 0 0 0 3240 0 194108 0 0 0 LEENA GADEMSKY SENIOR DIRECTOR, INFORMATI 139750 0 13800 0 0 0 0 0 3240 0 156790 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION IS ORGANIZED AS A NONPROFIT CORPORATION WITH MEMBERS. ITS MEMBERSHIP EXTENDS TO PERSONS IN THE HEALTHCARE INDUSTRY. INDIVIDUAL MEMBERS HAVE ULTIMATE AUTHORITY OVER THE AFFAIRS OF THE ORGANIZATION, HOWEVER THE BOARD OF DIRECTORS SHALL HAVE AUTHORITY TO OPERATE THE ORGANIZATION WITHIN A STRUCTURE SANCTIONED BY THE MEMBERS. THE MEMBERS DO NOT SHARE IN THE ORGANIZATION'S PROFITS OR NET ASSETS. MEMBERS PAY AN ANNUAL FEE AND MEMBERSHIP ENTITLES THEM TO MONTHLY NEWSLETTERS, AN ONLINE MEMBERSHIP DIRECTORY, DISCOUNTED RATES FOR ATTENDANCE TO MEMBERSHIP EVENTS AND EDUCATIONAL PROGRAMS, AND ACCESS TO EDUCATIONAL MATERIALS. FORM 990, PART VI, SECTION A, LINE 7B THE ASSOCIATION'S BYLAWS STATE THAT PROPOSALS TO AMEND THESE BYLAWS MAY BE SUBMITTED BY A TWO-THIRDS (2/3) OF A MAJORITY VOTE OF THE VOTING MEMBERS OF THE BOARD OF DIRECTORS, OR ANY CHAPTER BOARD, OR TEN PERCENT (10%) OF THE TOTAL MEMBERSHIP OF THE ASSOCIATION (CALCULATED AS OF JULY 1 OF EACH YEAR). PROPOSALS MUST BE RECEIVED BY THE SECRETARY OF THE ASSOCIATION AT LEAST SIXTY (60) DAYS PRIOR TO THE ANNUAL BUSINESS MEETING. PROPOSED AMENDMENTS SHALL BE CONVEYED TO THE MEMBERS OF THE ASSOCIATION AT LEAST THIRTY (30) DAYS PRIOR TO THE ANNUAL BUSINESS MEETING, OR MAY, FOR CAUSE, BE RULED OUT OF ORDER BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE ASSOCIATION'S ACCOUNTANTS, AN INDEPENDENT CPA FIRM. A DRAFT OF THE RETURN IS GIVEN TO THE CFO, DIRECTOR OF FINANCE AND THE TREASURER FOR A DETAILED REVIEW. PRIOR TO ITS FILING, A COPY OF THE 990 IS DISTRIBUTED TO THE FINANCE COMMITTEE, THE EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS RENEWED BY THE BOARD OF DIRECTORS EACH YEAR. EACH BOARD MEMBER MUST VERIFY THEIR INDEPENDENCE OR DISCLOSE ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE SALARY AND BONUS OF THE CEO IS DETERMINED BY THE EXECUTIVE COMMITTEE AND IS BASED ON COMPARABLE STUDIES CONDUCTED BY THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE) AND SIMILAR ORGANIZATIONS, AND IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S CONFLICT OF INTEREST POLICY IS SHARED WITH THE BOARD AND LEADERSHIP VIA THE LEADERSHIP WEBSITE. THE ASSOCIATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON WRITTEN REQUEST TO THE ASSOCIATION'S HEADQUARTERS. THE ASSOCIATION'S FINANCIAL STATEMENTS ARE PART OF THE ANNUAL REPORT WHICH IS AVAILABLE TO THE GENERAL PUBLIC ON THE ASSOCIATION'S WEBSITE AND/OR UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. THE 2024 FINANCIAL STATEMENT AUDIT IS IN PROCESS AND HAS NOT BEEN FINALIZED THROUGH THE DATE OF THE FILING OF THIS 990.