{"success":true,"data":{"_id":233013870,"filings":[{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"See attachment 1","primary_activities":"Lp summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussions of the most critical issues facing today's investment officers. Discussions involves topics that are broad in scope and designed to identify value-creating strategies to better navigate today's increasingly complex economic environment.\n\nThe distressed investing symposium is an annual day-long conference held each fall, which is designed to offer attendees with up-to-date industry knowledge on managing a distressed fund, coping with management and operational issues and activist investing strategies.\n\nThe annual dinner is held once each winter in philadelphia and represents our annual membership meeting at which time members are invited to attend and to hear from an industy or educational speaker on the state of the private equity and/or financial markets.\n\nChapter events\n\nM&A EAST\n\nLINE 4D: WPEP's 13 chapters run small educational events for local members to GET TOGETHER AND DISCUSS important issues and ideas related to private equity or to hear from a knowledgable speaker or professor on a relevant INVESTMENT TOPIC. A DINNER AND COCKTAIL PROGRAM EVENT DURING WHICH MEMBERS HAVE AN OPPORTUNITY TO MEET WITH WPEP ADVISORY BOARD MEMBERS IN A SMALL GROUP SETTING.","year":2012,"name":"Pennsylvania Private Equity Network","phone":"6109714802","website":"www.wpen.org","type":"990","principal_officer":"STEPHANIE P MCALINE","year_formation":1996,"state_legal_domicile":"PA","tax_period_begin":"2012-01-01T00:00:00","tax_period_end":"2012-12-31T00:00:00","address":"PO Box 524, Wayne, PA, 19087, USA","city":"Wayne","state":"PA","country":"USA","zip_code":"19087"},"Governance":{"501c determination":true,"Number of voting members":10,"Number of independent voting members":10,"Number of employees total":0,"Total Gross UBI":176051,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":298900,"Contributions":{"value":0},"Program revenue":{"value":122849,"Total revenue":{"value":122849,"VARIOUS":122849},"Unrelated business revenue":176051},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":176051,"Other total":176051,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0}},"Expenses":{"value":279340,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":279340,"Management services":0,"Legal":0,"Accounting":3823,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":36020,"Office expenses":5983,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":2033,"Conferences and meetings":105901,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":5279,"Travel entertainment public officials":0,"Itemized Expenses":{"value":81148,"VARIOUS":81148},"All other expenses":39153}},"Assets":{"value":168377,"Non-interest bearing cash":0,"Savings and temp cash investments":168377,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":24711,"Accounts payable, accrued":24711,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":143666},"Form990Details":{"program_service_accomplishments":[{"description":"LP SUMMIT IS AN ANNUAL EVENT BRINGING TOGETHER WORLD-CLASS INVESTORS AND THOUGHT-LEADING ALLOCATORS FOR A POWERFUL DAY OF NETWORKING AND HIGH-LEVEL DISCUSSIONS OF THE MOST CRITICAL ISSUES FACING TODAY'S INVESTMENT OFFICERS. DISCUSSIONS INVOLVES TOPICS THAT ARE BROAD IN SCOPE AND DESIGNED TO IDENTIFY VALUE-CREATING STRATEGIES TO BETTER NAVIGATE TODAY'S INCREASINGLY COMPLEX ECONOMIC ENVIRONMENT.","expense":76161,"revenue":48139},{"description":"THE DISTRESSED INVESTING SYMPOSIUM IS AN ANNUAL DAY-LONG CONFERENCE HELD EACH FALL, WHICH IS DESIGNED TO OFFER ATTENDEES WITH UP-TO-DATE INDUSTRY KNOWLEDGE ON MANAGING A DISTRESSED FUND, COPING WITH MANAGEMENT AND OPERATIONAL ISSUES AND ACTIVIST INVESTING STRATEGIES.","expense":23954,"revenue":37035},{"description":"THE ANNUAL DINNER IS HELD ONCE EACH WINTER IN PHILADELPHIA AND REPRESENTS OUR ANNUAL MEMBERSHIP MEETING AT WHICH TIME MEMBERS ARE INVITED TO ATTEND AND TO HEAR FROM AN INDUSTY OR EDUCATIONAL SPEAKER ON THE STATE OF THE PRIVATE EQUITY AND/OR FINANCIAL MARKETS.","expense":49619,"revenue":34790},{"description":"CHAPTER EVENTS","revenue":2235},{"description":"M&A EAST","revenue":650}],"program_service_revenue_detail":[{"description":"LP SUMMIT","total_revenue":48139,"related_or_exempt_function_income":48139},{"description":"DISTRESSED INVESTING CONFERENCE","total_revenue":37035,"related_or_exempt_function_income":37035},{"description":"ANNUAL DINNER","total_revenue":34790,"related_or_exempt_function_income":34790},{"description":"CHAPTER EVENTS","total_revenue":2235,"related_or_exempt_function_income":2235},{"description":"M&A EAST","total_revenue":650,"related_or_exempt_function_income":650}],"functional_expense_allocations":{"current_officers_directors":{"total":0},"disqualified_persons":{"total":0},"other_salaries_and_wages":{"total":0},"pension_plan_contributions":{"total":0},"other_employee_benefits":{"total":0},"payroll_taxes":{"total":0},"management_fees":{"total":0},"legal_fees":{"total":0},"accounting_fees":{"program_services":0,"management_and_general":3823,"total":3823},"lobbying_fees":{"total":0},"professional_fundraising_fees":{"total":0},"investment_management_fees":{"total":0},"other_service_fees":{"total":0},"advertising":{"program_services":3075,"management_and_general":32945,"total":36020},"office_expenses":{"program_services":3541,"management_and_general":2442,"total":5983},"information_technology":{"total":0},"royalties":{"total":0},"occupancy":{"total":0},"travel":{"program_services":0,"management_and_general":2033,"total":2033},"conferences_meetings":{"program_services":105901,"management_and_general":0,"total":105901},"interest":{"total":0},"payments_to_affiliates":{"total":0},"depreciation_depletion":{"total":0},"insurance":{"program_services":0,"management_and_general":5279,"total":5279},"all_other_expenses":{"program_services":19841,"management_and_general":19312,"total":39153}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":true,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_cash":true,"schedule_o_part_iii":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"STEPHANIE P MCALINE","address_line1":"PO BOX 524","city":"WAYNE","state":"PA","zip":"19087"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false,"grants_payable_beginning_of_year":0,"grants_payable_end_of_year":0},"books_are_in_care_of":{"person_name":"STEPHANIE P MCALINE","phone":"6109714802","address_line1":"PO BOX 524","city":"WAYNE","state":"PA","zip":"19087"},"officers_directors_key_employees":[{"title":"CO-CHAIRMAN","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"CO-CHAIRMAN","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"VICE CHAIRMAN","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"PAST PRESIDENT","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"PAST PRESIDENT","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"PAST PRESIDENT","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true},{"title":"CO-PRESIDENT","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"TREASURER","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"SECRETARY","average_hours_per_week":0.0,"reportable_comp_from_org":46238,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true},{"title":"CO-PRESIDENT","officer":true}]},"ScheduleB":{"attached":false,"required":false},"ScheduleI":{"reported_domestic_org_grants":0,"reported_domestic_individual_grants":0,"total_domestic_grants":0},"ScheduleF":{"reported_foreign_grants":0},"source_xml":"201300659349300410_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The organization's purpose is to better the conditions in the privateequity industry primarily through education and the exchange of ideasand knowledge between the private equity industry and the members and participants in the organization's programs. The organizationcarries out its purposes by conducting educational programs,symposiums and panel discussions across the globe. One hundredpercent of the organization's efforts and time is devoted to theorganization involved in carrying out the educational programs.","primary_activities":"Lp summit is an annual event bringing together world-classinvestors and thought-leading allocators for a powerful day ofnetworking and high-level discussions of the most critical issuesfacing today's investment officers. Discussions involves topicsthat are broad in scope and designed to identify value-creatingstrategies to better navigate today's increasingly complexeconomic environment.","year":2014,"name":"PENNSYLVANIA PRIVATE EQUITY NETWORK DBA WHARTON PRIVATE EQUITY PARTNERS","phone":"6109714802","website":"WWW.WPEN.ORG","type":"990","principal_officer":"STEPHANIE MCALAINE","year_formation":1996,"state_legal_domicile":"PA","total_volunteers":0,"tax_period_begin":"2014-01-01T00:00:00","tax_period_end":"2014-12-31T00:00:00","address":"PO BOX 524, WAYNE, PA, 19087, USA","city":"WAYNE","state":"PA","country":"USA","zip_code":"19087"},"Governance":{"501c determination":true,"Number of voting members":8,"Number of independent voting members":7,"Number of employees total":0,"Total Gross UBI":65484,"Net unrelated business taxable income":-54600,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":148530,"Contributions":{"value":0},"Program revenue":{"value":83046,"Total revenue":{"value":83046,"LP SUMMIT":61414,"M&A EAST":10000,"ANNUAL DINNER":7699,"CHAPTER EVENTS":3933}},"Investment income":{"value":0},"Other revenues":{"value":65484,"Other total":65484}},"Expenses":{"value":214956,"Grant expense":{"value":10000,"Grants to domestic individuals":10000},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":54600,"Current officers":54600},"Other expenses":{"value":150356,"Accounting":5112,"Advertising":29368,"Office expenses":5050,"Conferences and meetings":17598,"Insurance":5650,"Itemized Expenses":{"value":84919,"FOOD AND BEVERAGE":57668,"AUDI VISUAL":11898,"WPEP BUNDLE RELATED EVE":11894,"MISCELLANEOUS EXPENSES":3459},"All other expenses":2659},"Functional Expenses":{"Program Service Expenses":115311,"Management And General Expenses":99645,"Fundraising Expenses":0}},"Assets":{"value":150685,"Savings and temp cash investments":141330,"Accounts receivable":9355,"Other assets":0},"Liabilities":{"value":32414,"Accounts payable, accrued":32414},"Fund balance":{"value":118271,"Unrestricted net assets":118271},"Form990Details":{"program_service_accomplishments":[{"description":"LP SUMMIT IS AN ANNUAL EVENT BRINGING TOGETHER WORLD-CLASSINVESTORS AND THOUGHT-LEADING ALLOCATORS FOR A POWERFUL DAY OFNETWORKING AND HIGH-LEVEL DISCUSSIONS OF THE MOST CRITICAL ISSUESFACING TODAY'S INVESTMENT OFFICERS. DISCUSSIONS INVOLVES TOPICSTHAT ARE BROAD IN SCOPE AND DESIGNED TO IDENTIFY VALUE-CREATINGSTRATEGIES TO BETTER NAVIGATE TODAY'S INCREASINGLY COMPLEXECONOMIC ENVIRONMENT.","expense":50009,"revenue":61414}],"program_service_revenue_detail":[{"business_code":"900099","total_revenue":61414,"related_or_exempt_function_income":61414},{"business_code":"900099","total_revenue":10000,"related_or_exempt_function_income":10000},{"business_code":"900099","total_revenue":7699,"related_or_exempt_function_income":7699},{"business_code":"900099","total_revenue":3933,"related_or_exempt_function_income":3933}],"functional_expense_allocations":{"current_officers_directors":{"management_and_general":54600,"total":54600},"accounting_fees":{"management_and_general":5112,"total":5112},"advertising":{"management_and_general":29368,"total":29368},"office_expenses":{"program_services":1581,"management_and_general":3469,"total":5050},"conferences_meetings":{"program_services":17598,"total":17598},"insurance":{"management_and_general":5650,"total":5650},"all_other_expenses":{"program_services":2533,"management_and_general":126,"total":2659}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":true,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_cash":true,"schedule_o_part_iii":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"STEPHANIE MCALAINE"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":true,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"6109714802","business_name_line1":"STEPHANIE P MCALINE","address_line1":"PO BOX 524","city":"WAYNE","state":"PA","zip":"19087"},"officers_directors_key_employees":[{"person_name":"ROB NEWBOLD","title":"CO-CHAIRMAN","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"ROB NEWBOLD"},{"person_name":"BRUCE SCHULMAN","title":"CO-CHAIRMAN","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"BRUCE SCHULMAN"},{"person_name":"DEAN MILLER","title":"VICE CHAIRMAN","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"DEAN MILLER"},{"person_name":"BROOKE HAYES","title":"CO-PRESIDENT","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"BROOKE HAYES"},{"person_name":"SPENCER HOFFMAN","title":"CO-PRESIDENT","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"SPENCER HOFFMAN"},{"person_name":"FABIO TERLEVICH","title":"TREASURER","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"FABIO TERLEVICH"},{"person_name":"STEPHANIE MCALAINE","title":"SECRETARY","average_hours_per_week":15.0,"reportable_comp_from_org":54600,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEPHANIE MCALAINE"},{"person_name":"DAVID MARS","title":"CO-PRESIDENT","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DAVID MARS"}]},"ScheduleB":{"attached":false,"required":false},"ScheduleI":{"grant_records_maintained":true,"reported_domestic_individual_grants":10000,"reported_domestic_individual_grants_program_services":10000,"individual_grants":[{"type":"FELLOWSHIP GRANT","recipient_count":2,"cash":10000}],"total_domestic_grants":10000,"total_domestic_program_services":10000,"detail_individual_grants_total":10000,"detail_domestic_grants_total":10000,"supplemental_information":[{"form_and_line_reference":"PART I, LINE 2","explanation":"OFFICER & BOARD APPROVAL"},{"form_and_line_reference":"PAGE 2 PART III","explanation":"RECIPIENTS OF THE FELLOWSHIP GRANT ARE AS FOLLOWS: CHARLES LAWSON ($5,000) 2115 SPRUCE ST APARTMENT 2F PHILADELPHIA, PA 19103 JONATHAN SOCKOL ($5,000) 225 S 18TH ST., APT 824 PHILADELPHIA, PA 19103 THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION'S FELLOWSHIP GRANT IS AWARDED TO THE TOP NEWLY ADMITTED WHARTON STUDENT'S FROM THE PRIVATE EQUITY INDUSTRY EACH YEAR. WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION IS THE ALUMNI ORGANIZATION FOR THE ROUGHLY 3,000 WHARTON AND UPENN ALUMNI WORKING IN THE PRIVATE EQUITY INDUSTRY WORLDWIDE. THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL FELLOWSHIP GRANT HAS BEEN ESTABLISHED BY THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL EXECUTIVE COMMITTEE TO ENCOURAGE AND SUPPORT LEADERSHIP AMONG WHARTON ALUMNI IN THE TOP RANKS OF PRIVATE EQUITY FIRMS AROUND THE GLOBE. THE RECIPIENT WILL BECOME A \"CHARTER\" MEMBER OF WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION AND BE ELIGIBLE TO ATTEND MEMBER-ONLY PROGRAMS AND DINNERS HELD BY THE CLUB AND ITS LEADERSHIP AND TO BE MENTORED BY A MEMBER OF THE WPEP BOARD MEMBER DURING THEIR TIME AS A FELLOW. THE FELLOW WILL ALSO RECEIVE ASSISTANCE WITH HIS/HER SUMMER AND PERMANENT JOB SEARCH WITHIN THE PRIVATE EQUITY INDUSTRY FROM OUR LEADERSHIP. THE FELLOWSHIP INCLUDES A $5,000 GRANT AND WILL ONLY BE AWARDED TO THOSE STUDENTS WHO PLAN TO CONTINUE THEIR CAREERS IN PRIVATE EQUITY AT THE TIME OF ACCEPTANCE."}],"grant_monitoring":{"claims_monitoring_procedures":true,"requires_financial_reports":false,"requires_narrative_reports":false,"conducts_site_visits":false,"conducts_field_audits":false,"requires_grant_agreements":false,"may_suspend_future_funding":false,"may_require_repayment":false,"monitoring_description":"OFFICER & BOARD APPROVAL\n\nRECIPIENTS OF THE FELLOWSHIP GRANT ARE AS FOLLOWS: CHARLES LAWSON ($5,000) 2115 SPRUCE ST APARTMENT 2F PHILADELPHIA, PA 19103 JONATHAN SOCKOL ($5,000) 225 S 18TH ST., APT 824 PHILADELPHIA, PA 19103 THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION'S FELLOWSHIP GRANT IS AWARDED TO THE TOP NEWLY ADMITTED WHARTON STUDENT'S FROM THE PRIVATE EQUITY INDUSTRY EACH YEAR. WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION IS THE ALUMNI ORGANIZATION FOR THE ROUGHLY 3,000 WHARTON AND UPENN ALUMNI WORKING IN THE PRIVATE EQUITY INDUSTRY WORLDWIDE. THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL FELLOWSHIP GRANT HAS BEEN ESTABLISHED BY THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL EXECUTIVE COMMITTEE TO ENCOURAGE AND SUPPORT LEADERSHIP AMONG WHARTON ALUMNI IN THE TOP RANKS OF PRIVATE EQUITY FIRMS AROUND THE GLOBE. THE RECIPIENT WILL BECOME A \"CHARTER\" MEMBER OF WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION AND BE ELIGIBLE TO ATTEND MEMBER-ONLY PROGRAMS AND DINNERS HELD BY THE CLUB AND ITS LEADERSHIP AND TO BE MENTORED BY A MEMBER OF THE WPEP BOARD MEMBER DURING THEIR TIME AS A FELLOW. THE FELLOW WILL ALSO RECEIVE ASSISTANCE WITH HIS/HER SUMMER AND PERMANENT JOB SEARCH WITHIN THE PRIVATE EQUITY INDUSTRY FROM OUR LEADERSHIP. THE FELLOWSHIP INCLUDES A $5,000 GRANT AND WILL ONLY BE AWARDED TO THOSE STUDENTS WHO PLAN TO CONTINUE THEIR CAREERS IN PRIVATE EQUITY AT THE TIME OF ACCEPTANCE.","form_and_line_reference":"PART I, LINE 2; PAGE 2 PART III"}},"source_xml":"201542299349300134_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The organization's purpose is to better the conditions in the privateequity industry primarily through education and the exchange of ideasand knowledge between the private equity industry and the members and participants in the organization's programs. The organizationcarries out its purposes by conducting educational programs,symposiums and panel discussions across the globe. One hundredpercent of the organization's efforts and time is devoted to theorganization involved in carrying out the educational programs.","primary_activities":"Lp summit is an annual event bringing together world-classinvestors and thought-leading allocators for a powerful day ofnetworking and high-level discussions of the most critical issuesfacing today's investment officers. Discussions involves topicsthat are broad in scope and designed to identify value-creatingstrategies to better navigate today's increasingly complexeconomic environment.","year":2015,"name":"PENNSYLVANIA PRIVATE EQUITY NETWORK DBA WHARTON PRIVATE EQUITY PARTNERS","phone":"6109714802","website":"WWW.WPEN.ORG","type":"990","principal_officer":"STEPHANIE MCALAINE","year_formation":1996,"state_legal_domicile":"PA","total_volunteers":0,"tax_period_begin":"2015-01-01T00:00:00","tax_period_end":"2015-12-31T00:00:00","address":"PO BOX 524, WAYNE, PA, 19087, USA","city":"WAYNE","state":"PA","country":"USA","zip_code":"19087"},"Governance":{"501c determination":true,"Number of voting members":8,"Number of independent voting members":7,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":205587,"Contributions":{"value":124223,"Other contributions":104048,"Dues":20175},"Program revenue":{"value":81283,"Total revenue":{"value":81283,"LP SUMMIT":47070,"ANNUAL DINNER":21370,"CHAPTER EVENTS":6980,"M&A EAST":5863}},"Investment income":{"value":81,"Investment income total":81},"Other revenues":{"value":0}},"Expenses":{"value":204097,"Grant expense":{"value":10000,"Grants to domestic individuals":10000},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":53179,"Current officers":53179},"Other expenses":{"value":140918,"Accounting":4812,"Advertising":22674,"Office expenses":4632,"Travel":797,"Conferences and meetings":30195,"Insurance":5650,"Itemized Expenses":{"value":69702,"FOOD AND BEVERAGE":32918,"CREDIT CARD FEES":17342,"WPEP BUNDLE RELATED EVE":11039,"GIFTS":8403},"All other expenses":2456},"Functional Expenses":{"Program Service Expenses":96765,"Management And General Expenses":107332,"Fundraising Expenses":0}},"Assets":{"value":127036,"Savings and temp cash investments":127036,"Accounts receivable":0},"Liabilities":{"value":7275,"Accounts payable, accrued":7275},"Fund balance":{"value":119761,"Unrestricted net assets":119761},"Form990Details":{"program_service_accomplishments":[{"description":"LP SUMMIT IS AN ANNUAL EVENT BRINGING TOGETHER WORLD-CLASSINVESTORS AND THOUGHT-LEADING ALLOCATORS FOR A POWERFUL DAY OFNETWORKING AND HIGH-LEVEL DISCUSSIONS OF THE MOST CRITICAL ISSUESFACING TODAY'S INVESTMENT OFFICERS. DISCUSSIONS INVOLVES TOPICSTHAT ARE BROAD IN SCOPE AND DESIGNED TO IDENTIFY VALUE-CREATINGSTRATEGIES TO BETTER NAVIGATE TODAY'S INCREASINGLY COMPLEXECONOMIC ENVIRONMENT.","expense":32680,"revenue":47070}],"program_service_revenue_detail":[{"business_code":"900099","total_revenue":47070,"related_or_exempt_function_income":47070},{"business_code":"900099","total_revenue":21370,"related_or_exempt_function_income":21370},{"business_code":"900099","total_revenue":6980,"related_or_exempt_function_income":6980},{"business_code":"900099","total_revenue":5863,"related_or_exempt_function_income":5863}],"functional_expense_allocations":{"current_officers_directors":{"management_and_general":53179,"total":53179},"accounting_fees":{"management_and_general":4812,"total":4812},"advertising":{"management_and_general":22674,"total":22674},"office_expenses":{"program_services":2163,"management_and_general":2469,"total":4632},"travel":{"management_and_general":797,"total":797},"conferences_meetings":{"program_services":30195,"total":30195},"insurance":{"management_and_general":5650,"total":5650},"all_other_expenses":{"program_services":2075,"management_and_general":381,"total":2456}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":true,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_accrual":true,"schedule_o_part_iii":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"STEPHANIE MCALAINE"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":true,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"6109714802","business_name_line1":"STEPHANIE P MCALINE","address_line1":"PO BOX 524","city":"WAYNE","state":"PA","zip":"19087"},"officers_directors_key_employees":[{"person_name":"ROB NEWBOLD","title":"CO-CHAIRMAN","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"ROB NEWBOLD"},{"person_name":"BRUCE SCHULMAN","title":"CO-CHAIRMAN","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"BRUCE SCHULMAN"},{"person_name":"DEAN MILLER","title":"VICE CHAIRMAN","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"DEAN MILLER"},{"person_name":"BROOKE HAYES","title":"CO-PRESIDENT","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"BROOKE HAYES"},{"person_name":"SPENCER HOFFMAN","title":"CO-PRESIDENT","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"SPENCER HOFFMAN"},{"person_name":"FABIO TERLEVICH","title":"TREASURER","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"FABIO TERLEVICH"},{"person_name":"STEPHANIE MCALAINE","title":"SECRETARY","average_hours_per_week":14.0,"reportable_comp_from_org":53179,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEPHANIE MCALAINE"},{"person_name":"DAVID MARS","title":"CO-PRESIDENT","average_hours_per_week":0.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DAVID MARS"}]},"ScheduleB":{"attached":false,"required":false},"ScheduleI":{"grant_records_maintained":true,"reported_domestic_individual_grants":10000,"reported_domestic_individual_grants_program_services":10000,"individual_grants":[{"type":"FELLOWSHIP GRANT","recipient_count":2,"cash":10000}],"total_domestic_grants":10000,"total_domestic_program_services":10000,"detail_individual_grants_total":10000,"detail_domestic_grants_total":10000,"supplemental_information":[{"form_and_line_reference":"PART I, LINE 2","explanation":"OFFICER & BOARD APPROVAL"},{"form_and_line_reference":"PAGE 2 PART III","explanation":"RECIPIENTS OF THE FELLOWSHIP GRANT ARE AS FOLLOWS: JAMES ERSKINE LOVE ($5,000) 1616 WALNUT STREET APARTMENT 1809 PHILADELPHIA, PA 19103 JOTHAM KLEIN ($5,000) 2230 SPRUCE STREET, APT 2F PHILADELPHIA, PA 19103 THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION'S FELLOWSHIP GRANT IS AWARDED TO THE TOP NEWLY ADMITTED WHARTON STUDENT'S FROM THE PRIVATE EQUITY INDUSTRY EACH YEAR. WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION IS THE ALUMNI ORGANIZATION FOR THE ROUGHLY 3,000 WHARTON AND UPENN ALUMNI WORKING IN THE PRIVATE EQUITY INDUSTRY WORLDWIDE. THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL FELLOWSHIP GRANT HAS BEEN ESTABLISHED BY THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL EXECUTIVE COMMITTEE TO ENCOURAGE AND SUPPORT LEADERSHIP AMONG WHARTON ALUMNI IN THE TOP RANKS OF PRIVATE EQUITY FIRMS AROUND THE GLOBE. THE RECIPIENT WILL BECOME A \"CHARTER\" MEMBER OF WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION AND BE ELIGIBLE TO ATTEND MEMBER-ONLY PROGRAMS AND DINNERS HELD BY THE CLUB AND ITS LEADERSHIP AND TO BE MENTORED BY A MEMBER OF THE WPEP BOARD MEMBER DURING THEIR TIME AS A FELLOW. THE FELLOW WILL ALSO RECEIVE ASSISTANCE WITH HIS/HER SUMMER AND PERMANENT JOB SEARCH WITHIN THE PRIVATE EQUITY INDUSTRY FROM OUR LEADERSHIP. THE FELLOWSHIP INCLUDES A $5,000 GRANT AND WILL ONLY BE AWARDED TO THOSE STUDENTS WHO PLAN TO CONTINUE THEIR CAREERS IN PRIVATE EQUITY AT THE TIME OF ACCEPTANCE"}],"grant_monitoring":{"claims_monitoring_procedures":true,"requires_financial_reports":false,"requires_narrative_reports":false,"conducts_site_visits":false,"conducts_field_audits":false,"requires_grant_agreements":false,"may_suspend_future_funding":false,"may_require_repayment":false,"monitoring_description":"OFFICER & BOARD APPROVAL\n\nRECIPIENTS OF THE FELLOWSHIP GRANT ARE AS FOLLOWS: JAMES ERSKINE LOVE ($5,000) 1616 WALNUT STREET APARTMENT 1809 PHILADELPHIA, PA 19103 JOTHAM KLEIN ($5,000) 2230 SPRUCE STREET, APT 2F PHILADELPHIA, PA 19103 THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION'S FELLOWSHIP GRANT IS AWARDED TO THE TOP NEWLY ADMITTED WHARTON STUDENT'S FROM THE PRIVATE EQUITY INDUSTRY EACH YEAR. WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION IS THE ALUMNI ORGANIZATION FOR THE ROUGHLY 3,000 WHARTON AND UPENN ALUMNI WORKING IN THE PRIVATE EQUITY INDUSTRY WORLDWIDE. THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL FELLOWSHIP GRANT HAS BEEN ESTABLISHED BY THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL EXECUTIVE COMMITTEE TO ENCOURAGE AND SUPPORT LEADERSHIP AMONG WHARTON ALUMNI IN THE TOP RANKS OF PRIVATE EQUITY FIRMS AROUND THE GLOBE. THE RECIPIENT WILL BECOME A \"CHARTER\" MEMBER OF WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION AND BE ELIGIBLE TO ATTEND MEMBER-ONLY PROGRAMS AND DINNERS HELD BY THE CLUB AND ITS LEADERSHIP AND TO BE MENTORED BY A MEMBER OF THE WPEP BOARD MEMBER DURING THEIR TIME AS A FELLOW. THE FELLOW WILL ALSO RECEIVE ASSISTANCE WITH HIS/HER SUMMER AND PERMANENT JOB SEARCH WITHIN THE PRIVATE EQUITY INDUSTRY FROM OUR LEADERSHIP. THE FELLOWSHIP INCLUDES A $5,000 GRANT AND WILL ONLY BE AWARDED TO THOSE STUDENTS WHO PLAN TO CONTINUE THEIR CAREERS IN PRIVATE EQUITY AT THE TIME OF ACCEPTANCE","form_and_line_reference":"PART I, LINE 2; PAGE 2 PART III"}},"source_xml":"201612249349302701_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"See attachment 1","primary_activities":"Lp summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussions of the most critical issues facing today's investment officers. Discussions involves topics that are broad in scope and designed to identify value-creating strategies to better navigate today's increasingly complex economic environment.\n\nLINE 4D: WPEP's 13 chapters run small educational events for local members to get together and discuss important issues and ideas related to private equity or to hear from a knowledgable speaker or professor on a relevant investment topic. A dinner and cocktail program event during which members have an opportunity to meet with WPEP advisory board members in a small group setting.","year":2013,"name":"Pennsylvania Private Equity Network","phone":"6109714802","website":"www.wpen.org","type":"990","principal_officer":"STEPHANIE P MCALINE","year_formation":1996,"state_legal_domicile":"PA","tax_period_begin":"2013-01-01T00:00:00","tax_period_end":"2013-12-31T00:00:00","address":"PO Box 524, Wayne, PA, 19087, USA","city":"Wayne","state":"PA","country":"USA","zip_code":"19087"},"Governance":{"501c determination":true,"Number of voting members":10,"Number of independent voting members":10,"Number of employees total":0,"Total Gross UBI":109218,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":198434,"Contributions":{"value":0},"Program revenue":{"value":89216,"Total revenue":{"value":89216,"LP SUMMIT":52177,"ANNUAL DINNER":33596,"CHAPTER EVENTS":3443}},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":109218,"Other total":109218,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0}},"Expenses":{"value":157403,"Grant expense":{"value":10000,"Grants to domestic orgs":0,"Grants to domestic individuals":10000,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":43487,"Current officers":43487,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":103916,"Management services":0,"Legal":0,"Accounting":3751,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":21972,"Office expenses":4630,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":31944,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":5515,"Travel entertainment payments":0,"Itemized Expenses":{"value":28612,"FOOD AND BEVERAGE":17317,"ADMINISTRATION":460,"CREDIT CARD FEES":5835,"SPONSORSHIPS":5000},"All other expenses":7492},"Functional Expenses":{"Program Service Expenses":68788,"Management And General Expenses":88615}},"Assets":{"value":184697,"Non-interest bearing cash":0,"Savings and temp cash investments":183377,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":1320},"Liabilities":{"value":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":184697,"Unrestricted net assets":184697,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Form990Details":{"program_service_accomplishments":[{"description":"LP SUMMIT IS AN ANNUAL EVENT BRINGING TOGETHER WORLD-CLASS INVESTORS AND THOUGHT-LEADING ALLOCATORS FOR A POWERFUL DAY OF NETWORKING AND HIGH-LEVEL DISCUSSIONS OF THE MOST CRITICAL ISSUES FACING TODAY'S INVESTMENT OFFICERS. DISCUSSIONS INVOLVES TOPICS THAT ARE BROAD IN SCOPE AND DESIGNED TO IDENTIFY VALUE-CREATING STRATEGIES TO BETTER NAVIGATE TODAY'S INCREASINGLY COMPLEX ECONOMIC ENVIRONMENT.","expense":30942,"revenue":52177}],"program_service_revenue_detail":[{"total_revenue":52177,"related_or_exempt_function_income":52177},{"total_revenue":33596,"related_or_exempt_function_income":33596},{"total_revenue":3443,"related_or_exempt_function_income":3443}],"functional_expense_allocations":{"current_officers_directors":{"management_and_general":43487,"total":43487},"disqualified_persons":{"total":0},"other_salaries_and_wages":{"total":0},"pension_plan_contributions":{"total":0},"other_employee_benefits":{"total":0},"payroll_taxes":{"total":0},"management_fees":{"total":0},"legal_fees":{"total":0},"accounting_fees":{"management_and_general":3751,"total":3751},"lobbying_fees":{"total":0},"professional_fundraising_fees":{"total":0},"investment_management_fees":{"total":0},"other_service_fees":{"total":0},"advertising":{"management_and_general":21972,"total":21972},"office_expenses":{"program_services":2647,"management_and_general":1983,"total":4630},"information_technology":{"total":0},"royalties":{"total":0},"occupancy":{"total":0},"travel":{"total":0},"conferences_meetings":{"program_services":31944,"total":31944},"interest":{"total":0},"payments_to_affiliates":{"total":0},"depreciation_depletion":{"total":0},"insurance":{"management_and_general":5515,"total":5515},"all_other_expenses":{"program_services":6880,"management_and_general":612,"total":7492}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":true,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_cash":true,"schedule_o_part_iii":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"STEPHANIE P MCALINE"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":true,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false,"grants_payable_beginning_of_year":0,"grants_payable_end_of_year":0},"books_in_care_of_detail":{"person_name":"STEPHANIE P MCALINE","phone":"6109714802","address_line1":"PO BOX 524","city":"WAYNE","state":"PA","zip":"19087"},"officers_directors_key_employees":[{"person_name":"ROB NEWBOLD","title":"CO-CHAIRMAN","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"ROB NEWBOLD"},{"person_name":"BRUCE SCHULMAN","title":"CO-CHAIRMAN","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"BRUCE SCHULMAN"},{"person_name":"DEAN MILLER","title":"VICE CHAIRMAN","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"DEAN MILLER"},{"person_name":"TUCKER TWITMYER","title":"PAST PRESIDENT","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"TUCKER TWITMYER"},{"person_name":"MICHAEL KOPELMAN","title":"PAST PRESIDENT","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"MICHAEL KOPELMAN"},{"person_name":"BROOKE HAYES","title":"CO-PRESIDENT","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"BROOKE HAYES"},{"person_name":"SPENCER HOFFMAN","title":"CO-PRESIDENT","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"SPENCER HOFFMAN"},{"person_name":"FABIO TERLEVICH","title":"TREASURER","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"FABIO TERLEVICH"},{"person_name":"STEPHANIE MCALAINE","title":"SECRETARY","average_hours_per_week":15.0,"reportable_comp_from_org":43487,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEPHANIE MCALAINE"},{"person_name":"DAVID MARS","title":"CO-PRESIDENT","reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"DAVID MARS"}]},"ScheduleB":{"attached":false,"required":false},"ScheduleI":{"grant_records_maintained":true,"reported_domestic_org_grants":0,"reported_domestic_individual_grants":10000,"reported_domestic_individual_grants_program_services":10000,"individual_grants":[{"type":"IRINA PARVANOV","recipient_count":1,"cash":5000},{"type":"JOEL ENGLANDER","recipient_count":1,"cash":5000}],"total_domestic_grants":10000,"total_domestic_program_services":10000,"detail_individual_grants_total":10000,"detail_domestic_grants_total":10000,"grant_monitoring":{"claims_monitoring_procedures":false,"requires_financial_reports":false,"requires_narrative_reports":false,"conducts_site_visits":false,"conducts_field_audits":false,"requires_grant_agreements":false,"may_suspend_future_funding":false,"may_require_repayment":false}},"ScheduleF":{"reported_foreign_grants":0},"source_xml":"201400939349300615_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The organization's purpose is to better the conditions in the private equity industry primarily through education and the exchange of ideas and knowledge between the private equity industry and the members and participants in the organization's programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organization's efforts and time is devoted to involvement in carrying out educational programs.","primary_activities":"The lp summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussions of the most critical issues facing today's investment officers. Discussions involve topics that are broad in scope and designed to identify value-creating strategies to better navigate today's increasingly complex economic environment.","year":2016,"name":"PENNSYLVANIA PRIVATE EQUITY NETWORK","phone":"6109714802","website":"WWW.WPEN.ORG","type":"990","principal_officer":"STEPHANIE MCALAINE","year_formation":1996,"state_legal_domicile":"PA","total_volunteers":34,"tax_period_begin":"2016-01-01T00:00:00","tax_period_end":"2016-12-31T00:00:00","address":"PO BOX 524, WAYNE, PA, 19087, USA","city":"WAYNE","state":"PA","country":"USA","zip_code":"19087"},"Governance":{"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":207781,"Contributions":{"value":128147,"Other contributions":105282,"Dues":22865},"Program revenue":{"value":79553,"Total revenue":{"value":79553,"LP SUMMIT":47675,"CHAPTER EVENTS":17433,"ANNUAL DINNER":14445}},"Investment income":{"value":81,"Investment income total":81},"Other revenues":{"value":0}},"Expenses":{"value":238608,"Grant expense":{"value":5000,"Grants to domestic individuals":5000},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":51091,"Current officers":51091},"Other expenses":{"value":182517,"Accounting":4972,"Advertising":30085,"Office expenses":12115,"Travel":528,"Conferences and meetings":120281,"Insurance":5650,"Itemized Expenses":{"value":8886,"CREDIT CARD FEES":6141,"ADMINISTRATION EXPENSE":2725,"MISCELLANEOUS EXPENSES":20}}},"Assets":{"value":98700,"Savings and temp cash investments":98700},"Liabilities":{"value":9766,"Accounts payable, accrued":9766},"Fund balance":{"value":88934,"Unrestricted net assets":88934},"Form990Details":{"program_service_accomplishments":[{"description":"THE LP SUMMIT IS AN ANNUAL EVENT BRINGING TOGETHER WORLD-CLASS INVESTORS AND THOUGHT-LEADING ALLOCATORS FOR A POWERFUL DAY OF NETWORKING AND HIGH-LEVEL DISCUSSIONS OF THE MOST CRITICAL ISSUES FACING TODAY'S INVESTMENT OFFICERS. DISCUSSIONS INVOLVE TOPICS THAT ARE BROAD IN SCOPE AND DESIGNED TO IDENTIFY VALUE-CREATING STRATEGIES TO BETTER NAVIGATE TODAY'S INCREASINGLY COMPLEX ECONOMIC ENVIRONMENT."}],"program_service_revenue_detail":[{"business_code":"900099","total_revenue":47675,"related_or_exempt_function_income":47675},{"business_code":"900099","total_revenue":17433,"related_or_exempt_function_income":17433},{"business_code":"900099","total_revenue":14445,"related_or_exempt_function_income":14445}],"functional_expense_allocations":{"current_officers_directors":{"total":51091},"accounting_fees":{"total":4972},"advertising":{"total":30085},"office_expenses":{"total":12115},"travel":{"total":528},"conferences_meetings":{"total":120281},"insurance":{"total":5650}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":true,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"STEPHANIE MCALAINE"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":true,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"6109714802","business_name_line1":"STEPHANIE P MCALAINE","address_line1":"PO BOX 524","city":"WAYNE","state":"PA","zip":"19087"},"officers_directors_key_employees":[{"person_name":"ROB NEWBOLD","title":"CO-CHAIRMAN","average_hours_per_week":2.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"ROB NEWBOLD"},{"person_name":"BRUCE SCHULMAN","title":"CO-CHAIRMAN","average_hours_per_week":2.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRUCE SCHULMAN"},{"person_name":"DEAN MILLER","title":"VICE CHAIRMAN","average_hours_per_week":2.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"DEAN MILLER"},{"person_name":"BROOKE HAYES","title":"CO-PRESIDENT","average_hours_per_week":2.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BROOKE HAYES"},{"person_name":"SPENCER HOFFMAN","title":"PAST PRESIDENT","average_hours_per_week":2.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"SPENCER HOFFMAN"},{"person_name":"FABIO TERLEVICH","title":"TREASURER","average_hours_per_week":2.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"FABIO TERLEVICH"},{"person_name":"DAVID MARS","title":"CO-PRESIDENT","average_hours_per_week":2.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"DAVID MARS"},{"person_name":"MATTHEW LEEDS","title":"CO-PRESIDENT","average_hours_per_week":2.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"MATTHEW LEEDS"},{"person_name":"TUCKER TWITMYER","title":"PAST PRESIDENT","average_hours_per_week":2.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"TUCKER TWITMYER"},{"person_name":"STEPHANIE MCALAINE","title":"EXECUTIVE DIRECTOR/SECRETARY","average_hours_per_week":14.0,"reportable_comp_from_org":51091,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEPHANIE MCALAINE"}]},"ScheduleB":{"attached":true,"required":true},"ScheduleC":{"dues_notices":{"substantially_all_dues_nondeductible":false,"only_in_house_lobbying":true,"agree_carryover_prior_year":false}},"ScheduleI":{"grant_records_maintained":true,"reported_domestic_individual_grants":5000,"individual_grants":[{"type":"FELLOWSHIP GRANT","recipient_count":1,"cash":5000}],"total_domestic_grants":5000,"detail_individual_grants_total":5000,"detail_domestic_grants_total":5000,"supplemental_information":[{"form_and_line_reference":"PART I, LINE 2","explanation":"OFFICER & BOARD APPROVAL"},{"form_and_line_reference":"PART III","explanation":"THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION'S FELLOWSHIP GRANT IS AWARDED TO THE TOP NEWLY ADMITTED WHARTON STUDENTS FROM THE PRIVATE EQUITY INDUSTRY EACH YEAR. WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION IS THE ALUMNI ORGANIZATION FOR THE ROUGHLY 3,000 WHARTON AND UNIVERSITY OF PENNSYLVANIA ALUMNI WORKING IN THE PRIVATE EQUITY INDUSTRY WORLDWIDE. THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL FELLOWSHIP GRANT HAS BEEN ESTABLISHED BY THE WHARTON PRIVATE EQUITY & VENTURE CAPITAL EXECUTIVE COMMITTEE TO ENCOURAGE AND SUPPORT LEADERSHIP AMONG WHARTON ALUMNI IN THE TOP RANKS OF PRIVATE EQUITY FIRMS AROUND THE GLOBE. THE RECIPIENT WILL BECOME A \"CHARTER\" MEMBER OF WHARTON PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION AND BE ELIGIBLE TO ATTEND MEMBER-ONLY PROGRAMS AND DINNERS HELD BY THE CLUB AND ITS LEADERSHIP AND TO BE MENTORED BY A MEMBER OF THE WPEP BOARD MEMBER DURING THEIR TIME AS A FELLOW. THE FELLOW WILL ALSO RECEIVE ASSISTANCE WITH HIS/HER SUMMER AND PERMANENT JOB SEARCH WITHIN THE PRIVATE EQUITY INDUSTRY FROM OUR LEADERSHIP. THE FELLOWSHIP INCLUDES A $5,000 GRANT AND WILL ONLY BE AWARDED TO THOSE STUDENTS WHO PLAN TO CONTINUE THEIR CAREERS IN PRIVATE EQUITY AT THE TIME OF ACCEPTANCE."}],"grant_monitoring":{"claims_monitoring_procedures":true,"requires_financial_reports":false,"requires_narrative_reports":false,"conducts_site_visits":false,"conducts_field_audits":false,"requires_grant_agreements":false,"may_suspend_future_funding":false,"may_require_repayment":false,"monitoring_description":"OFFICER & BOARD APPROVAL","form_and_line_reference":"PART I, LINE 2"}},"source_xml":"201743049349300049_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The organization's purpose is to better the conditions in the private equity industry primarily through education and the exchange of ideas and knowledge between the private equity industry and the members and participants in the organization's programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organization's efforts and time is devoted to involvement in carrying out educational programs.","primary_activities":"The lp summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussions of the most critical issues facing today's investment officers. Discussions involve topics that are broad in scope and designed to identify value-creating strategies to better navigate today's increasingly complex economic environment.","year":2019,"name":"PENNSYLVANIA PRIVATE EQUITY NETWORK","phone":"6109714802","website":"WWW.WPEN.ORG","type":"990","principal_officer":"STEPHANIE MCALAINE","year_formation":1996,"state_legal_domicile":"PA","total_volunteers":48,"tax_period_begin":"2019-01-01T00:00:00","tax_period_end":"2019-12-31T00:00:00","address":"PO BOX 524, WAYNE, PA, 19087, USA","city":"WAYNE","state":"PA","country":"USA","zip_code":"19087"},"Governance":{"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":297640,"Contributions":{"value":172305,"Other contributions":157000,"Dues":15305},"Program revenue":{"value":125263,"Total revenue":{"value":125263,"CIO SUMMIT":49315,"LP SUMMIT":38898,"ANNUAL DINNER":32470,"CHAPTER EVENTS":4580}},"Investment income":{"value":72,"Investment income total":72},"Other revenues":{"value":0}},"Expenses":{"value":254066,"Grant expense":{"value":5000,"Grants to domestic individuals":5000},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":40388,"Current officers":40388},"Other expenses":{"value":208678,"Accounting":3866,"Other services":125,"Advertising":27101,"Office expenses":10979,"Travel":4298,"Conferences and meetings":147272,"Insurance":889,"Itemized Expenses":{"value":14148,"CREDIT CARD FEES":10037,"ADMINISTRATION EXPENSE":4111}}},"Assets":{"value":139358,"Savings and temp cash investments":124358,"Accounts receivable":15000},"Liabilities":{"value":0},"Fund balance":{"value":139358,"Net assets without donor restriction":139358},"Form990Details":{"program_service_accomplishments":[{"description":"THE LP SUMMIT IS AN ANNUAL EVENT BRINGING TOGETHER WORLD-CLASS INVESTORS AND THOUGHT-LEADING ALLOCATORS FOR A POWERFUL DAY OF NETWORKING AND HIGH-LEVEL DISCUSSIONS OF THE MOST CRITICAL ISSUES FACING TODAY'S INVESTMENT OFFICERS. DISCUSSIONS INVOLVE TOPICS THAT ARE BROAD IN SCOPE AND DESIGNED TO IDENTIFY VALUE-CREATING STRATEGIES TO BETTER NAVIGATE TODAY'S INCREASINGLY COMPLEX ECONOMIC ENVIRONMENT."}],"program_service_revenue_detail":[{"business_code":"900099","total_revenue":49315,"related_or_exempt_function_income":49315},{"business_code":"900099","total_revenue":38898,"related_or_exempt_function_income":38898},{"business_code":"900099","total_revenue":32470,"related_or_exempt_function_income":32470},{"business_code":"900099","total_revenue":4580,"related_or_exempt_function_income":4580}],"functional_expense_allocations":{"current_officers_directors":{"total":40388},"accounting_fees":{"total":3866},"other_service_fees":{"total":125},"advertising":{"total":27101},"office_expenses":{"total":10979},"travel":{"total":4298},"conferences_meetings":{"total":147272},"insurance":{"total":889}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"donor_restricted_or_quasi_endowments":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"STEPHANIE MCALAINE"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"business_relationship_with_35_controlled_entity":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"6109714802","business_name_line1":"STEPHANIE P MCALAINE","address_line1":"PO BOX 524","city":"WAYNE","state":"PA","zip":"19087"},"officers_directors_key_employees":[{"person_name":"ROB NEWBOLD","title":"PE FELLOWSHIP","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"ROB NEWBOLD"},{"person_name":"BRUCE SCHULMAN","title":"ADVISORY BOARD","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRUCE SCHULMAN"},{"person_name":"DEAN MILLER","title":"ALTERNATIVE INITIATIVE REL","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"DEAN MILLER"},{"person_name":"BROOKE HAYES","title":"CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BROOKE HAYES"},{"person_name":"BRETT TOPCHE","title":"TREASURER","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRETT TOPCHE"},{"person_name":"BRUCE EATROFF","title":"CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRUCE EATROFF"},{"person_name":"KAREN GRIFFITH GRYGA","title":"CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"KAREN GRIFFITH GRYGA"},{"person_name":"STEPHANIE MCALAINE","title":"EXECUTIVE DIRECTOR/SECRETA","average_hours_per_week":14.0,"reportable_comp_from_org":45271,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEPHANIE MCALAINE"}]},"ScheduleB":{"attached":false,"required":false},"ScheduleC":{"dues_notices":{"substantially_all_dues_nondeductible":false,"only_in_house_lobbying":true,"agree_carryover_prior_year":false}},"ScheduleI":{"reported_domestic_individual_grants":5000,"total_domestic_grants":5000,"grant_monitoring":{"claims_monitoring_procedures":false,"requires_financial_reports":false,"requires_narrative_reports":false,"conducts_site_visits":false,"conducts_field_audits":false,"requires_grant_agreements":false,"may_suspend_future_funding":false,"may_require_repayment":false}},"source_xml":"202022449349301322_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The organization's purpose is to better the conditions in the private equity industry primarily through education and the exchange of ideas and knowledge between the private equity industry and the members and participants in the organization's programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organization's efforts and time is devoted to involvement in carrying out educational programs.","primary_activities":"The lp summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussions of the most critical issues facing today's investment officers. Discussions involve topics that are broad in scope and designed to identify value-creating strategies to better navigate today's increasingly complex economic environment.","year":2018,"name":"PENNSYLVANIA PRIVATE EQUITY NETWORK","phone":"6109714802","website":"WWW.WPEN.ORG","type":"990","principal_officer":"STEPHANIE MCALAINE","year_formation":1996,"state_legal_domicile":"PA","total_volunteers":42,"tax_period_begin":"2018-01-01T00:00:00","tax_period_end":"2018-12-31T00:00:00","address":"PO BOX 524, WAYNE, PA, 19087, USA","city":"WAYNE","state":"PA","country":"USA","zip_code":"19087"},"Governance":{"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":247801,"Contributions":{"value":141015,"Other contributions":121000,"Dues":20015},"Program revenue":{"value":106704,"Total revenue":{"value":106704,"LP SUMMIT":59117,"ANNUAL DINNER":41265,"CHAPTER EVENTS":5012,"ALTERNATIVE INVESTMENT":1310}},"Investment income":{"value":82,"Investment income total":82},"Other revenues":{"value":0}},"Expenses":{"value":252546,"Grant expense":{"value":5000,"Grants to domestic individuals":5000},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":44438,"Current officers":44438},"Other expenses":{"value":203108,"Accounting":5338,"Other services":3175,"Advertising":29810,"Office expenses":14539,"Travel":6496,"Conferences and meetings":128627,"Insurance":883,"Itemized Expenses":{"value":14240,"CREDIT CARD FEES":10690,"ADMINISTRATION EXPENSE":3550}}},"Assets":{"value":95784,"Savings and temp cash investments":95784},"Liabilities":{"value":0,"Accounts payable, accrued":0},"Fund balance":{"value":95784,"Unrestricted net assets":95784},"Form990Details":{"program_service_accomplishments":[{"description":"THE LP SUMMIT IS AN ANNUAL EVENT BRINGING TOGETHER WORLD-CLASS INVESTORS AND THOUGHT-LEADING ALLOCATORS FOR A POWERFUL DAY OF NETWORKING AND HIGH-LEVEL DISCUSSIONS OF THE MOST CRITICAL ISSUES FACING TODAY'S INVESTMENT OFFICERS. DISCUSSIONS INVOLVE TOPICS THAT ARE BROAD IN SCOPE AND DESIGNED TO IDENTIFY VALUE-CREATING STRATEGIES TO BETTER NAVIGATE TODAY'S INCREASINGLY COMPLEX ECONOMIC ENVIRONMENT."}],"program_service_revenue_detail":[{"business_code":"900099","total_revenue":59117,"related_or_exempt_function_income":59117},{"business_code":"900099","total_revenue":41265,"related_or_exempt_function_income":41265},{"business_code":"900099","total_revenue":5012,"related_or_exempt_function_income":5012},{"business_code":"900099","total_revenue":1310,"related_or_exempt_function_income":1310}],"functional_expense_allocations":{"current_officers_directors":{"total":44438},"accounting_fees":{"total":5338},"other_service_fees":{"total":3175},"advertising":{"total":29810},"office_expenses":{"total":14539},"travel":{"total":6496},"conferences_meetings":{"total":128627},"insurance":{"total":883}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":true,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"STEPHANIE MCALAINE"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"6109714802","business_name_line1":"STEPHANIE P MCALAINE","address_line1":"PO BOX 524","city":"WAYNE","state":"PA","zip":"19087"},"officers_directors_key_employees":[{"person_name":"ROB NEWBOLD","title":"PE FELLOWSHIP","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"ROB NEWBOLD"},{"person_name":"BRUCE SCHULMAN","title":"ADVISORY BOARD","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRUCE SCHULMAN"},{"person_name":"DEAN MILLER","title":"ALTERNATIVE INITIATIVE RELATIONS","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"DEAN MILLER"},{"person_name":"BROOKE HAYES","title":"CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BROOKE HAYES"},{"person_name":"CRAIG ENENSTEIN","title":"CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"CRAIG ENENSTEIN"},{"person_name":"BRETT TOPCHE","title":"TREASURER","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRETT TOPCHE"},{"person_name":"BRUCE EATROFF","title":"CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRUCE EATROFF"},{"person_name":"STEPHANIE MCALAINE","title":"EXECUTIVE DIRECTOR/SECRETARY","average_hours_per_week":14.0,"reportable_comp_from_org":55412,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEPHANIE MCALAINE"}]},"ScheduleB":{"attached":false,"required":false},"ScheduleC":{"dues_notices":{"substantially_all_dues_nondeductible":false,"only_in_house_lobbying":true,"agree_carryover_prior_year":false}},"ScheduleI":{"reported_domestic_individual_grants":5000,"total_domestic_grants":5000,"grant_monitoring":{"claims_monitoring_procedures":false,"requires_financial_reports":false,"requires_narrative_reports":false,"conducts_site_visits":false,"conducts_field_audits":false,"requires_grant_agreements":false,"may_suspend_future_funding":false,"may_require_repayment":false}},"source_xml":"201931309349302328_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The organization's purpose is to better the conditions in the private equity industry primarily through education and the exchange of ideas and knowledge between the private equity industry and the members and participants in the organization's programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organization's efforts and time is devoted to involvement in carrying out educational programs.","primary_activities":"The lp summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussions of the most critical issues facing today's investment officers. Discussions involve topics that are broad in scope and designed to identify value-creating strategies to better navigate today's increasingly complex economic environment.","year":2017,"name":"PENNSYLVANIA PRIVATE EQUITY NETWORK","phone":"6109714802","website":"WWW.WPEN.ORG","type":"990","principal_officer":"STEPHANIE MCALAINE","year_formation":1996,"state_legal_domicile":"PA","total_volunteers":49,"tax_period_begin":"2017-01-01T00:00:00","tax_period_end":"2017-12-31T00:00:00","address":"PO BOX 524, WAYNE, PA, 19087, USA","city":"WAYNE","state":"PA","country":"USA","zip_code":"19087"},"Governance":{"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":281496,"Contributions":{"value":172805,"Other contributions":157500,"Dues":15305},"Program revenue":{"value":108609,"Total revenue":{"value":108609,"LP SUMMIT":67855,"ANNUAL DINNER":35110,"CHAPTER EVENTS":5644}},"Investment income":{"value":82,"Investment income total":82},"Other revenues":{"value":0}},"Expenses":{"value":282401,"Grant expense":{"value":5000,"Grants to domestic individuals":5000},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":56666,"Current officers":56666},"Other expenses":{"value":220735,"Accounting":5400,"Advertising":34884,"Office expenses":15593,"Travel":87,"Conferences and meetings":142895,"Insurance":883,"Itemized Expenses":{"value":20993,"CREDIT CARD FEES":8485,"MISCELLANEOUS EXPENSES":8148,"ADMINISTRATION EXPENSE":4360}}},"Assets":{"value":119043,"Savings and temp cash investments":119043},"Liabilities":{"value":31014,"Accounts payable, accrued":31014},"Fund balance":{"value":88029,"Unrestricted net assets":88029},"Form990Details":{"program_service_accomplishments":[{"description":"THE LP SUMMIT IS AN ANNUAL EVENT BRINGING TOGETHER WORLD-CLASS INVESTORS AND THOUGHT-LEADING ALLOCATORS FOR A POWERFUL DAY OF NETWORKING AND HIGH-LEVEL DISCUSSIONS OF THE MOST CRITICAL ISSUES FACING TODAY'S INVESTMENT OFFICERS. DISCUSSIONS INVOLVE TOPICS THAT ARE BROAD IN SCOPE AND DESIGNED TO IDENTIFY VALUE-CREATING STRATEGIES TO BETTER NAVIGATE TODAY'S INCREASINGLY COMPLEX ECONOMIC ENVIRONMENT."}],"program_service_revenue_detail":[{"business_code":"900099","total_revenue":67855,"related_or_exempt_function_income":67855},{"business_code":"900099","total_revenue":35110,"related_or_exempt_function_income":35110},{"business_code":"900099","total_revenue":5644,"related_or_exempt_function_income":5644}],"functional_expense_allocations":{"current_officers_directors":{"total":56666},"accounting_fees":{"total":5400},"advertising":{"total":34884},"office_expenses":{"total":15593},"travel":{"total":87},"conferences_meetings":{"total":142895},"insurance":{"total":883}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"backup_withholding_compliance":true,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true},"principal_officer_detail":{"person_name":"STEPHANIE MCALAINE"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"officer_entity_with_business_relationship":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"6109714802","business_name_line1":"STEPHANIE P MCALAINE","address_line1":"PO BOX 524","city":"WAYNE","state":"PA","zip":"19087"},"officers_directors_key_employees":[{"person_name":"ROB NEWBOLD","title":"CO-CHAIRMAN","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"ROB NEWBOLD"},{"person_name":"BRUCE SCHULMAN","title":"CO-CHAIRMAN","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRUCE SCHULMAN"},{"person_name":"DEAN MILLER","title":"VICE CHAIRMAN","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"DEAN MILLER"},{"person_name":"BROOKE HAYES","title":"CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BROOKE HAYES"},{"person_name":"CRAIG ENENSTEIN","title":"CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"CRAIG ENENSTEIN"},{"person_name":"BRETT TOPCHE","title":"TREASURER","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRETT TOPCHE"},{"person_name":"MARC LEDERMAN","title":"SPONSORSHIP CO-CHAIR","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"MARC LEDERMAN"},{"person_name":"MATTHEW LEEDS","title":"CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"MATTHEW LEEDS"},{"person_name":"TUCKER TWITMYER","title":"PAST PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"TUCKER TWITMYER"},{"person_name":"STEPHANIE MCALAINE","title":"EXECUTIVE DIRECTOR/SECRETA","average_hours_per_week":14.0,"reportable_comp_from_org":56666,"reportable_comp_from_related_orgs":0,"other_compensation":0,"officer":true,"name":"STEPHANIE MCALAINE"}]},"ScheduleB":{"attached":false,"required":true},"ScheduleC":{"dues_notices":{"substantially_all_dues_nondeductible":false,"only_in_house_lobbying":true,"agree_carryover_prior_year":false}},"ScheduleI":{"reported_domestic_individual_grants":5000,"total_domestic_grants":5000,"grant_monitoring":{"claims_monitoring_procedures":false,"requires_financial_reports":false,"requires_narrative_reports":false,"conducts_site_visits":false,"conducts_field_audits":false,"requires_grant_agreements":false,"may_suspend_future_funding":false,"may_require_repayment":false}},"source_xml":"201832919349300608_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The organization's purpose is to better the conditions in the private equity industry primarily through education and the exchange of ideas and knowledge between the private equity industry and the members and participants in the organization's programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organization's efforts and time is devoted to involvement in carrying out educational programs.","primary_activities":"The lp summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussions of the most critical issues facing today's investment officers. Discussions involve topics that are broad in scope and designed to identify value-creating strategies to better navigate today's increasingly complex economic environment.\n\nPart i, line 1, and part iii, line 1 - the organization's purpose is to better conditions in the private equity industry primarily through education and the exchange of ideas and knowledge by the private equity industry and the members and participants in the organization's programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organization's efforts and time is devoted to involvement in carrying out educational programs.","year":2020,"name":"PENNSYLVANIA PRIVATE EQUITY NETWORK","phone":"6109714802","website":"WWW.WPEN.ORG","type":"990","year_formation":1996,"state_legal_domicile":"PA","total_volunteers":33,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"PO BOX 524, WAYNE, PA, 19087, USA","city":"WAYNE","state":"PA","country":"USA","zip_code":"19087"},"Governance":{"501c determination":true,"Number of voting members":8,"Number of independent voting members":8,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":123643,"Contributions":{"value":68536,"Other contributions":55000,"Dues":13536},"Program revenue":{"value":55035,"Total revenue":{"value":55035,"CIO SUMMIT":43004,"ANNUAL DINNER":8900,"INVESTING CONFERENCE":2985,"OTHER":146}},"Investment income":{"value":72,"Investment income total":72},"Other revenues":{"value":0}},"Expenses":{"value":88085,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":26325,"Current officers":26325},"Other expenses":{"value":61760,"Accounting":4465,"Advertising":27748,"Office expenses":2064,"Information technology":10560,"Conferences and meetings":8888,"Insurance":889,"Itemized Expenses":{"value":7146,"CREDIT CARD FEES":4571,"ADMINISTRATION EXPENSE":2575}},"Functional Expenses":{"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":174916,"Non-interest bearing cash":174916},"Liabilities":{"value":0},"Fund balance":{"value":174916,"Net assets without donor restriction":174916},"Form990Details":{"program_service_accomplishments":[{"description":"THE LP SUMMIT IS AN ANNUAL EVENT BRINGING TOGETHER WORLD-CLASS INVESTORS AND THOUGHT-LEADING ALLOCATORS FOR A POWERFUL DAY OF NETWORKING AND HIGH-LEVEL DISCUSSIONS OF THE MOST CRITICAL ISSUES FACING TODAY'S INVESTMENT OFFICERS. DISCUSSIONS INVOLVE TOPICS THAT ARE BROAD IN SCOPE AND DESIGNED TO IDENTIFY VALUE-CREATING STRATEGIES TO BETTER NAVIGATE TODAY'S INCREASINGLY COMPLEX ECONOMIC ENVIRONMENT."}],"program_service_revenue_detail":[{"business_code":"900099","total_revenue":43004,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"900099","total_revenue":8900,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"900099","total_revenue":2985,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"900099","total_revenue":146,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"current_officers_directors":{"program_services":0,"management_and_general":0,"fundraising":0,"total":26325},"accounting_fees":{"program_services":0,"management_and_general":0,"fundraising":0,"total":4465},"advertising":{"program_services":0,"management_and_general":0,"fundraising":0,"total":27748},"office_expenses":{"program_services":0,"management_and_general":0,"fundraising":0,"total":2064},"information_technology":{"program_services":0,"management_and_general":0,"fundraising":0,"total":10560},"conferences_meetings":{"program_services":0,"management_and_general":0,"fundraising":0,"total":8888},"insurance":{"program_services":0,"management_and_general":0,"fundraising":0,"total":889}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"donor_restricted_or_quasi_endowments":false,"method_of_accounting_accrual":true,"schedule_o_part_iii":true,"schedule_o_part_vi":true},"principal_officer_detail":{"business_name_line1":"STEPHANIE MCALAINE"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"business_relationship_with_35_controlled_entity":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"6109714802","business_name_line1":"STEPHANIE MCALAINE","address_line1":"PO BOX 524","city":"WAYNE","state":"PA","zip":"19087"},"officers_directors_key_employees":[{"person_name":"BRETT TOPCHE","title":"DIRECTOR/TREASURER","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"institutional_trustee":true,"name":"BRETT TOPCHE"},{"person_name":"KAREN GRIGGITH GRYGA","title":"DIRECTOR","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"KAREN GRIGGITH GRYGA"},{"person_name":"BRUCE EATROFF","title":"DIRECTOR","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"BRUCE EATROFF"},{"person_name":"BROOK HAYES","title":"DIRECTOR/CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"institutional_trustee":true,"name":"BROOK HAYES"},{"person_name":"MARC LEDERMAN","title":"DIRECTOR","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"MARC LEDERMAN"},{"person_name":"DEAN MILLER","title":"DIRECTOR","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"DEAN MILLER"},{"person_name":"ROB NEWBOLD","title":"DIRECTOR","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"ROB NEWBOLD"},{"person_name":"BRUCE SCHULMAN","title":"DIRECTOR/CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"institutional_trustee":true,"name":"BRUCE SCHULMAN"},{"person_name":"STEPHANIE MCALAINE","title":"EXECUTIVE DIRECTOR","average_hours_per_week":14.0,"reportable_comp_from_org":26325,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"institutional_trustee":true,"name":"STEPHANIE MCALAINE"}]},"ScheduleB":{"attached":false,"required":false},"ScheduleC":{"dues_notices":{"substantially_all_dues_nondeductible":false,"only_in_house_lobbying":true,"agree_carryover_prior_year":false}},"source_xml":"202133199349316918_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The organization's purpose is to better the conditions in the private equity industry primarily through education and the exchange of ideas and knowledge between the private equity industry and the members and participants in the organization's programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organization's efforts and time is devoted to involvement in carrying out educational programs.","primary_activities":"The lp summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussions of the most critical issues facing today's investment officers. Discussions involve topics that are broad in scope and designed to identify value-creating strategies to better navigate today's increasingly complex economic environment.\n\nPart i, line 1, and part iii, line 1 - the organization's purpose is to better conditions in the private equity industry primarily through education and the exchange of ideas and knowledge by the private equity industry and the members and participants in the organization's programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organization's efforts and time is devoted to involvement in carrying out educational programs.","year":2022,"name":"PENNSYLVANIA PRIVATE EQUITY NETWORK","phone":"4693330610","website":"WWW.WPEN.ORG","type":"990","year_formation":1996,"state_legal_domicile":"TX","total_volunteers":33,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"5706 E MOCKINGBIRD LANE, DALLAS, TX, 75206, USA","city":"DALLAS","state":"TX","country":"USA","zip_code":"75206"},"Governance":{"501c determination":true,"Number of voting members":7,"Number of independent voting members":6,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":15742,"Contributions":{"value":2065,"Dues":2065},"Program revenue":{"value":13655,"Total revenue":{"value":13655,"CIO SUMMIT":5955,"AUDIO VISUAL":7700}},"Investment income":{"value":22,"Investment income total":22},"Other revenues":{"value":0}},"Expenses":{"value":56274,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":56274,"Accounting":8377,"Advertising":3191,"Office expenses":1433,"Information technology":21334,"Insurance":889,"Itemized Expenses":{"value":21050,"CREDIT CARD FEES":1777,"ADMINISTRATION EXPENSE":19023,"MISCELLANEOUS":250}},"Functional Expenses":{"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":199891,"Non-interest bearing cash":199891},"Liabilities":{"value":13600,"Accounts payable, accrued":13600},"Fund balance":{"value":186291,"Net assets without donor restriction":186291},"Form990Details":{"program_service_accomplishments":[{"description":"THE LP SUMMIT IS AN ANNUAL EVENT BRINGING TOGETHER WORLD-CLASS INVESTORS AND THOUGHT-LEADING ALLOCATORS FOR A POWERFUL DAY OF NETWORKING AND HIGH-LEVEL DISCUSSIONS OF THE MOST CRITICAL ISSUES FACING TODAY'S INVESTMENT OFFICERS. DISCUSSIONS INVOLVE TOPICS THAT ARE BROAD IN SCOPE AND DESIGNED TO IDENTIFY VALUE-CREATING STRATEGIES TO BETTER NAVIGATE TODAY'S INCREASINGLY COMPLEX ECONOMIC ENVIRONMENT."}],"program_service_revenue_detail":[{"business_code":"900099","total_revenue":5955,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"900099","total_revenue":7700,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"accounting_fees":{"program_services":0,"management_and_general":0,"fundraising":0,"total":8377},"advertising":{"program_services":0,"management_and_general":0,"fundraising":0,"total":3191},"office_expenses":{"program_services":0,"management_and_general":0,"fundraising":0,"total":1433},"information_technology":{"program_services":0,"management_and_general":0,"fundraising":0,"total":21334},"insurance":{"program_services":0,"management_and_general":0,"fundraising":0,"total":889}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"donor_restricted_or_quasi_endowments":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true},"principal_officer_detail":{"business_name_line1":"STACIE HYATT"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"business_relationship_with_35_controlled_entity":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"6109714802","business_name_line1":"STACIE HYATT","address_line1":"5706 E MOCKINGBIRD LANER","city":"DALLAS","state":"TX","zip":"75206"},"officers_directors_key_employees":[{"person_name":"BRETT TOPCHE","title":"DIRECTOR/TREASURER","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRETT TOPCHE"},{"person_name":"JONATHAN BEN-HORIN","title":"DIRECTOR/CO -PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"JONATHAN BEN-HORIN"},{"person_name":"BRUCE EATROFF","title":"DIRECTOR/CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"BRUCE EATROFF"},{"person_name":"KAREN GRIFFITH GRYGA","title":"DIRECTOR/CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"KAREN GRIFFITH GRYGA"},{"person_name":"LESLIE GOLDEN","title":"DIRECTOR","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"LESLIE GOLDEN"},{"person_name":"BRUCE SHULMAN","title":"DIRECTOR","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRUCE SHULMAN"},{"person_name":"STACI HYATT","title":"EXECUTIVE DIRECTOR","average_hours_per_week":15.0,"reportable_comp_from_org":16805,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"STACI HYATT"}]},"ScheduleB":{"attached":false,"required":false},"ScheduleC":{"dues_notices":{"substantially_all_dues_nondeductible":true,"only_in_house_lobbying":false,"agree_carryover_prior_year":false}},"source_xml":"202303199349317855_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The organization's purpose is to better the conditions in the private equity industry primarily through education and the exchange of ideas and knowledge between the private equity industry and the members and participants in the organization's programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organization's efforts and time is devoted to involvement in carrying out educational programs.","primary_activities":"The LP Summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussion involving topics that are broad in scope and design to identify value-creating strategies to better navigate todays increasingly complex economic environment.\n\nPart 1, Line 1, and Part III. Line 1 - The organizations purpose is to better conditions in the private equity industry primarily through education and the exchange of ideas and knowledge by the private equity industry and the members and participants in the organizations programs, symposiums, and panel discussions across the globe one hundred percent of the organizations efforts and time is devoted to involvement in carrying out educational programs.","year":2024,"name":"Pennsyvania Private Equity Network","phone":"4842228744","type":"990","year_formation":1996,"state_legal_domicile":"PA","total_volunteers":33,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"PO Box 54, Wynnewood, PA, 19096, USA","city":"Wynnewood","state":"PA","country":"USA","zip_code":"19096"},"Governance":{"501c determination":true,"Number of voting members":35,"Number of independent voting members":34,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":408392,"Contributions":{"value":25670,"Dues":25670},"Program revenue":{"value":382700,"Total revenue":{"value":382700,"CIO Summit":65000,"Event Income":174700,"Sponsorship":143000}},"Investment income":{"value":22,"Investment income total":22},"Other revenues":{"value":0}},"Expenses":{"value":289009,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":122296,"Current officers":122296},"Other expenses":{"value":166713,"Accounting":7050,"Advertising":531,"Information technology":3193,"Conferences and meetings":134292,"Insurance":3999,"Itemized Expenses":{"value":17648,"Credit Card Fees":7335,"Administration Expense":993,"Miscellaneous":7725,"Management Fees":1595}},"Functional Expenses":{"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":340683,"Non-interest bearing cash":340683},"Liabilities":{"value":3605,"Accounts payable, accrued":3605},"Fund balance":{"value":337078,"Net assets without donor restriction":337078},"Form990Details":{"program_service_accomplishments":[{"description":"The LP Summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussion involving topics that are broad in scope and design to identify value-creating strategies to better navigate todays increasingly complex economic environment."}],"program_service_revenue_detail":[{"business_code":"900099","total_revenue":65000,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"900099","total_revenue":174700,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"900099","total_revenue":143000,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"current_officers_directors":{"program_services":0,"management_and_general":0,"fundraising":0,"total":122296},"accounting_fees":{"program_services":0,"management_and_general":0,"fundraising":0,"total":7050},"advertising":{"program_services":0,"management_and_general":0,"fundraising":0,"total":531},"information_technology":{"program_services":0,"management_and_general":0,"fundraising":0,"total":3193},"conferences_meetings":{"program_services":0,"management_and_general":0,"fundraising":0,"total":134292},"insurance":{"program_services":0,"management_and_general":0,"fundraising":0,"total":3999}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"donor_restricted_or_quasi_endowments":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true},"principal_officer_detail":{"business_name_line1":"Bruce Eatroff"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"business_relationship_with_35_controlled_entity":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"4842228744","business_name_line1":"Jennifer Simons","address_line1":"PO Box 54","city":"Wynnewood","state":"PA","zip":"19096"},"officers_directors_key_employees":[{"person_name":"Brett Topche","title":"Director/Treasurer","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"Brett Topche"},{"person_name":"Mark Solovy","title":"Director/Co-President","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"Mark Solovy"},{"person_name":"Karen Griffith Grya","title":"Director/Co-President","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"Karen Griffith Grya"},{"person_name":"Bruce Eatroff","title":"Director/Co-President","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"Bruce Eatroff"},{"person_name":"Jennifer Simons","title":"Executive Director","average_hours_per_week":15.0,"reportable_comp_from_org":122296,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"Jennifer Simons"}]},"ScheduleB":{"attached":false,"required":false},"ScheduleC":{"dues_notices":{"substantially_all_dues_nondeductible":true,"only_in_house_lobbying":false,"agree_carryover_prior_year":false}},"source_xml":"202513019349302486_public.xml"},{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The organization's purpose is to better the conditions in the private equity industry primarily through education and the exchange of ideas and knowledge between the private equity industry and the members and participants in the organization's programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organization's efforts and time is devoted to involvement in carrying out educational programs.","primary_activities":"The lp summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussions of the most critical issues facing todays investment officers. Discussions involve topics that are broad in scope and designed to identify value-creating strategies to better navigate todays increasingly complex economic environment.\n\nPart i, line 1, and part iii, line 1 - the organizations purpose is to better conditions in the private equity industry primarily through education and the exchange of ideas and knowledge by the private equity industry and the members and participants in the organizations programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organizations efforts and time is devoted to involvement in carrying out educational programs.","year":2023,"name":"PENNSYLVANIA PRIVATE EQUITY NETWORK","phone":"4842228744","website":"WWW.WPEN.ORG","type":"990","year_formation":1996,"state_legal_domicile":"PA","total_volunteers":33,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"PO BOX 54, WYNNEWOOD, PA, 19096, USA","city":"WYNNEWOOD","state":"PA","country":"USA","zip_code":"19096"},"Governance":{"501c determination":true,"Number of voting members":7,"Number of independent voting members":6,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":417458,"Contributions":{"value":44505,"Dues":44505},"Program revenue":{"value":372943,"Total revenue":{"value":372943,"CIO SUMMIT":80000,"EVENT INCOME":173440,"SPONSORSHIPS":119503}},"Investment income":{"value":10,"Investment income total":10},"Other revenues":{"value":0}},"Expenses":{"value":386054,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":0},"Other expenses":{"value":386054,"Accounting":13310,"Office expenses":748,"Information technology":12465,"Conferences and meetings":133465,"Insurance":889,"Itemized Expenses":{"value":225177,"CREDIT CARD FEES":10854,"ADMINISTRATION EXPENSE":109190,"MISCELLANEOUS":743,"MANAGEMT FEES":104390}},"Functional Expenses":{"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":231295,"Non-interest bearing cash":231295},"Liabilities":{"value":13600,"Accounts payable, accrued":13600},"Fund balance":{"value":217695,"Net assets without donor restriction":217695},"Form990Details":{"program_service_accomplishments":[{"description":"THE LP SUMMIT IS AN ANNUAL EVENT BRINGING TOGETHER WORLD-CLASS INVESTORS AND THOUGHT-LEADING ALLOCATORS FOR A POWERFUL DAY OF NETWORKING AND HIGH-LEVEL DISCUSSIONS OF THE MOST CRITICAL ISSUES FACING TODAYS INVESTMENT OFFICERS. DISCUSSIONS INVOLVE TOPICS THAT ARE BROAD IN SCOPE AND DESIGNED TO IDENTIFY VALUE-CREATING STRATEGIES TO BETTER NAVIGATE TODAYS INCREASINGLY COMPLEX ECONOMIC ENVIRONMENT."}],"program_service_revenue_detail":[{"business_code":"900099","total_revenue":80000,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"900099","total_revenue":173440,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"900099","total_revenue":119503,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"accounting_fees":{"program_services":0,"management_and_general":0,"fundraising":0,"total":13310},"office_expenses":{"program_services":0,"management_and_general":0,"fundraising":0,"total":748},"information_technology":{"program_services":0,"management_and_general":0,"fundraising":0,"total":12465},"conferences_meetings":{"program_services":0,"management_and_general":0,"fundraising":0,"total":133465},"insurance":{"program_services":0,"management_and_general":0,"fundraising":0,"total":889}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"donor_restricted_or_quasi_endowments":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true},"principal_officer_detail":{"business_name_line1":"JENNIFER SIMONS"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"business_relationship_with_35_controlled_entity":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"4842228744","business_name_line1":"JENNIFER SIMONS","address_line1":"PO BOX 54","city":"WYNNEWOOD","state":"PA","zip":"19096"},"officers_directors_key_employees":[{"person_name":"BRETT TOPCHE","title":"DIRECTOR/TREASURER","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"BRETT TOPCHE"},{"person_name":"JONATHAN BEN-HORIN","title":"DIRECTOR/CO -PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"JONATHAN BEN-HORIN"},{"person_name":"MARK SOLOVY","title":"DIRECTOR/CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"MARK SOLOVY"},{"person_name":"KAREN GRIFFITH GRYGA","title":"DIRECTOR/CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"KAREN GRIFFITH GRYGA"},{"person_name":"BRUCE EATROFF","title":"DIRECTOR/CO-PRESIDENT","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"BRUCE EATROFF"},{"person_name":"JENNIFER SIMONS","title":"EXECUTIVE DIRECTOR","average_hours_per_week":15.0,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"JENNIFER SIMONS"}]},"ScheduleB":{"attached":false,"required":false},"ScheduleC":{"dues_notices":{"substantially_all_dues_nondeductible":true,"only_in_house_lobbying":false,"agree_carryover_prior_year":false}},"source_xml":"202412559349300911_public.xml"}],"Latest":{"Organization":{"Hours":[0],"Total Compensation":[0],"Direct compensation":[0],"Other compensation":[0]},"Basic":{"mission":"The organization's purpose is to better the conditions in the private equity industry primarily through education and the exchange of ideas and knowledge between the private equity industry and the members and participants in the organization's programs. The organization carries out its purposes by conducting educational programs, symposiums, and panel discussions across the globe. One hundred percent of the organization's efforts and time is devoted to involvement in carrying out educational programs.","primary_activities":"The LP Summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussion involving topics that are broad in scope and design to identify value-creating strategies to better navigate todays increasingly complex economic environment.\n\nPart 1, Line 1, and Part III. Line 1 - The organizations purpose is to better conditions in the private equity industry primarily through education and the exchange of ideas and knowledge by the private equity industry and the members and participants in the organizations programs, symposiums, and panel discussions across the globe one hundred percent of the organizations efforts and time is devoted to involvement in carrying out educational programs.","year":2024,"name":"Pennsyvania Private Equity Network","phone":"4842228744","type":"990","year_formation":1996,"state_legal_domicile":"PA","total_volunteers":33,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"PO Box 54, Wynnewood, PA, 19096, USA","city":"Wynnewood","state":"PA","country":"USA","zip_code":"19096"},"Governance":{"501c determination":true,"Number of voting members":35,"Number of independent voting members":34,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":false,"Taxable party notification":false,"Family or business relationship":false,"Delegation of management duties":false,"Conflict of interest policy":false,"Whistle blower policy":false,"Compensation process for CEO":false,"Compensation process for other employees":false,"Changes to organizing documents":false,"Material diversion or misuse":false,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":false,"Investment in joint venture":false,"Independent audit financial statements":false,"Consolidated audit financial statements":false,"Accountant compile or review":false,"Financial statements audited by independent accountant":false,"Federal grant audit required":false,"Political activities":false,"Donor advised funds":false,"Conservation easements":false,"Collections of art":false,"School":false,"Hospital":false,"Foreign activities":false,"Foreign office":false,"Gaming":false,"Fundraising activities":false,"Professional fundraising":false,"Loan to officer or DQP":false,"Grant to related person":false,"Business relationship through family member":false,"Business relationship with organization":false},"Revenues":{"value":408392,"Contributions":{"value":25670,"Dues":25670},"Program revenue":{"value":382700,"Total revenue":{"value":382700,"CIO Summit":65000,"Event Income":174700,"Sponsorship":143000}},"Investment income":{"value":22,"Investment income total":22},"Other revenues":{"value":0}},"Expenses":{"value":289009,"Grant expense":{"value":0},"Total professional fundraising expense":{"value":0},"Benefits paid to members":{"value":0},"Salaries":{"value":122296,"Current officers":122296},"Other expenses":{"value":166713,"Accounting":7050,"Advertising":531,"Information technology":3193,"Conferences and meetings":134292,"Insurance":3999,"Itemized Expenses":{"value":17648,"Credit Card Fees":7335,"Administration Expense":993,"Miscellaneous":7725,"Management Fees":1595}},"Functional Expenses":{"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":340683,"Non-interest bearing cash":340683},"Liabilities":{"value":3605,"Accounts payable, accrued":3605},"Fund balance":{"value":337078,"Net assets without donor restriction":337078},"Form990Details":{"program_service_accomplishments":[{"description":"The LP Summit is an annual event bringing together world-class investors and thought-leading allocators for a powerful day of networking and high-level discussion involving topics that are broad in scope and design to identify value-creating strategies to better navigate todays increasingly complex economic environment."}],"program_service_revenue_detail":[{"business_code":"900099","total_revenue":65000,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"900099","total_revenue":174700,"unrelated_business_revenue":0,"exclusion_amount":0},{"business_code":"900099","total_revenue":143000,"unrelated_business_revenue":0,"exclusion_amount":0}],"functional_expense_allocations":{"current_officers_directors":{"program_services":0,"management_and_general":0,"fundraising":0,"total":122296},"accounting_fees":{"program_services":0,"management_and_general":0,"fundraising":0,"total":7050},"advertising":{"program_services":0,"management_and_general":0,"fundraising":0,"total":531},"information_technology":{"program_services":0,"management_and_general":0,"fundraising":0,"total":3193},"conferences_meetings":{"program_services":0,"management_and_general":0,"fundraising":0,"total":134292},"insurance":{"program_services":0,"management_and_general":0,"fundraising":0,"total":3999}},"tax_and_disclosure_flags":{"activities_conducted_through_partnership":false,"foreign_financial_account":false,"deductible_non_cash_contributions":false,"deductible_contributions_of_art":false,"donor_restricted_or_quasi_endowments":false,"method_of_accounting_accrual":true,"schedule_o_part_vi":true},"principal_officer_detail":{"business_name_line1":"Bruce Eatroff"},"audit_financial_statement_detail":{"accountant_compile_or_review":false,"federal_grant_audit_required":false},"related_party_due_diligence":{"business_relationship_with_35_controlled_entity":false,"officer_mailing_address":false,"related_entity":false,"related_org_controlled_entity":false,"compensation_from_other_sources":false},"grant_due_diligence":{"grants_to_organizations":false,"grants_to_individuals":false,"more_than_5000_to_organizations":false,"more_than_5000_to_individuals":false},"books_in_care_of_detail":{"phone":"4842228744","business_name_line1":"Jennifer Simons","address_line1":"PO Box 54","city":"Wynnewood","state":"PA","zip":"19096"},"officers_directors_key_employees":[{"person_name":"Brett Topche","title":"Director/Treasurer","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"Brett Topche"},{"person_name":"Mark Solovy","title":"Director/Co-President","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"Mark Solovy"},{"person_name":"Karen Griffith Grya","title":"Director/Co-President","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"Karen Griffith Grya"},{"person_name":"Bruce Eatroff","title":"Director/Co-President","average_hours_per_week":1.5,"reportable_comp_from_org":0,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"name":"Bruce Eatroff"},{"person_name":"Jennifer Simons","title":"Executive Director","average_hours_per_week":15.0,"reportable_comp_from_org":122296,"reportable_comp_from_related_orgs":0,"other_compensation":0,"individual_trustee_or_director":true,"officer":true,"name":"Jennifer Simons"}]},"ScheduleB":{"attached":false,"required":false},"ScheduleC":{"dues_notices":{"substantially_all_dues_nondeductible":true,"only_in_house_lobbying":false,"agree_carryover_prior_year":false}},"Ratings":{"Mission Deployment Rate":{"score":null},"Program Expense Ratio":{"score":null},"Fundraising Efficiency":{"score":null,"percentile":null},"Filing Consistency Score":{"score":1.0},"Grant Itemization Coverage":{"score":null},"Independent Voting Board Pct":{"score":0.9714285714285714},"Operating Margin":{"score":0.2923245313326412,"percentile":0.8247191102188836},"Operating Reserve Ratio":{"score":1.1787972000871945,"percentile":0.5056129228724877},"Liabilities to Assets Ratio":{"score":0.010581684439787133,"percentile":0.5068037533137993},"Officer Compensation Ratio":{"score":0.42315637229290437,"percentile":0.08504813869904468},"Program Expense Growth":{"score":-0.25349673330238887,"percentile":0.08157024700134277},"Revenue Growth":{"score":0.02846057723619133,"percentile":0.49571197566750724},"Asset Growth":{"score":0.06048608547084475,"percentile":0.5656790236981767},"Foreign Oversight Score":{"score":null},"Major-Donor Itemization":{"score":null},"Related-Party Transparency":{"score":null},"Pay-Setting Controls":{"score":null,"weight":5,"atoms":{"Compensation committee":{"value":null},"Independent compensation consultant":{"value":null},"Form 990 of other organizations reviewed":{"value":null},"Written employment contract":{"value":null},"Compensation survey or study":{"value":null},"Board or committee approval":{"value":null}}},"Governance Policy Score":{"score":0.2222222222222222,"weight":5,"atoms":{"Conflict of interest policy":{"value":false},"Whistle blower policy":{"value":false},"Document retention policy":{"value":false},"Compensation process for CEO":{"value":false},"Compensation process for other employees":{"value":false},"Form 990 provided to governing body":{"value":true},"Minutes of governing body":{"value":true},"Audit committee":{"value":false},"Independent audit financial statements":{"value":false}}},"Categories":{"Financial Efficiency":{"score":null,"weight":45},"Transparency & Controls":{"score":1.0,"weight":20},"Accountability":{"score":0.6592592592592593,"weight":14},"Sustainability":{"score":0.606442428243482,"weight":13},"Growth":{"score":0.34404869380717534,"weight":8}},"Overall Score":{"score":0.7248321954045872,"percentile":0.41628927803161847}},"source_xml":"202513019349302486_public.xml"},"sector":"Public, Societal Benefit","donation_categories":[],"zakat_policy":null},"error":null}