Gs1 US INC FY2020 filing

Not tax-deductible

Ewing, NJ501(c)(6)Since 1971Community DevelopmentEIN 36-2746754Revenue $74.9M in FY2020

On file with the IRSgs1us.org300 Charles Ewing Blvd, 08628-3400 · Ewing, NJTax-exempt since Jul 1976

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The purpose of Gs1 US, INC. Is to enable industries to operate more efficiently and effectively, thereby serving the interests of members and customers by developing, recommending, promoting, overseeing, and securing administration of effective global supply chain management standards and techniques.

$8.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $26.5M a year · 25% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$8.4M
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$42.6M
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 21 voting members
Looks good: 20 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$74.9M
Spent
$67.4M
Net assets
$381.5M
By yearFY2020–FY2024
Revenue
$74.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$74.9M
FY2021$93.9M
FY2022$81.2M
FY2023$94.6M
FY2024$188.8M
Expenses
$67.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$67.4M
FY2021$72.3M
FY2022$80.9M
FY2023$89.5M
FY2024$90.4M
Net assets
$381.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$381.5M
FY2021$431.2M
FY2022$353.2M
FY2023$396.5M
FY2024$440.1M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1976.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

38 people listed on the 990; $8.4M paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO & Board Member
$2,724,765Pt VII · Sec A
$939,431Pt VII · Sec A
SVP, Community Engagement
$720,884Pt VII · Sec A
SVP, Human Resources
$565,438Pt VII · Sec A
SVP, Enterprise Program Delivery
$441,542Pt VII · Sec A
SVP, Corporate Development
$426,106Pt VII · Sec A
VP & General Counsel
$391,577Pt VII · Sec A
VP, Community Engagement
$369,306Pt VII · Sec A

Robert Carpenter’s $3.5M as CEO & Board Member is at the 93rd percentile of top reported officer pay among 44 $100M+ community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Robert Carpenter$3,491,151$3,430,684$3,329,156$2,992,131$2,724,765
Yegneswaran Kumar$1,084,207$1,085,111$1,061,617$971,589$939,431
Siobhan O'Bara$576,973$867,062$836,314$747,797$720,884
Melanie Hilton$668,792$625,652$583,834$512,456$426,106
Gregory Rogers——$614,628$647,639$565,438
Carrie Wilkie$624,685$598,694$559,423$491,432$441,542
William Strawderman$520,430$489,851$450,514$375,104$318,304
Ruchi Datta$489,261$484,315$466,572$418,396$391,577

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops and promotes global supply chain standards for industry efficiency.

Questions for Gs1 US INC

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Provided by the organization

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3 programs · in their own filed words · FY2020
01

Standards

GS1 us mission is to help organizations of all sizes ranging from large multi-national corporations to small start-up businesses uniquely and consistently identify products, assets, shipments, and physical locations throughout the global supply chain.

Pt IX · col B
02

Education & Training

Through certificate courses, workshops, and both live and on-demand educational webinars, GS1 us helps organizations understand how to use GS1 standards to help innovate, operate more efficiently, and build capabilities that drive your business.

Pt IX · col B
03

Advisory Services

GS1 us customizes guidance and industry-specific expertise to help organizations implement GS1 standards.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$74.9M
Ln 12
Fees for servicesLn 2g$66.6M
Investment incomeLn 3$8.3M
Money outPt IX
$67.4M
Ln 25
Owns and owesPt X
$381.5M
net assets · Ln 32
Cash and savingsLn 1–2$7.6M
Total assetsLn 16$424.1M
LiabilitiesLn 26$42.6M
PeoplePt VI, VII
38
listed · VII A
PaidVII A14
Voting boardVI 1a21
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$66.6M
Investment incomeLn 3$8.3M
Gains on assetsLn 7$3.7M
Total revenueLn 12$74.9M
Assets in detailPt X, end of year
SavingsLn 2$7.6M
Cash and savings togetherLn 1–2$7.6M
InvestmentsLn 11–13$391.5M
Land, buildings, equipmentLn 10c$15.9M
Other assetsLn 15$445K
Total assetsLn 16$424.1M
LiabilitiesLn 26$42.6M
Net assetsLn 32$381.5M
OperationsPt I, VI
EmployeesI 5217
VolunteersI 623
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$11.5M$7.6M
InvestmentsLn 11–13$338.9M$391.5M
Land, buildings, equipmentLn 10c$13.1M$15.9M
Total assetsLn 16$371.8M$424.1M
LiabilitiesLn 26$44.8M$42.6M
Net assetsLn 32$327.0M$381.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$7.1M
Other salaries and wagesLn 7$18.1M
Pension plan contributionsLn 8$1.2M
Other employee benefitsLn 9$6.9M
Payroll taxesLn 10$1.8M
Legal feesLn 11b$688K
Accounting feesLn 11c$161K
Investment management feesLn 11f$1.1M
Other fees for servicesLn 11g$10.1M
Advertising and promotionLn 12$958K
Office expensesLn 13$622K
Information technologyLn 14$2.9M
OccupancyLn 16$1.8M
TravelLn 17$349K
Conferences, conventions and meetingsLn 19$1.1M
Payments to affiliatesLn 21$5.8M
Depreciation, depletion and amortizationLn 22$4.1M
InsuranceLn 23$213K
Other expenses (24a–d)Ln 24$2.6M
Total functional expensesLn 25$67.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $188.8M$90.4M$98.3M$440.1M 990 PDF
FY2023 $94.6M$89.5M$5.1M$396.5M 990 PDF
FY2022 $81.2M$80.9M$264K$353.2M 990 PDF
FY2021 $93.9M$72.3M$21.6M$431.2M 990 PDF
FY2020 Viewing $74.9M$67.4M$7.5M$381.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $74,908,098 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $67,895,494$66,641,917
I-10 Investment incomePrior year $112,242,246$8,266,181
I-11 Other revenuePrior year $1,529,593$0
I-12 Total revenuePrior year $181,667,333$74,908,098
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $32,429,552$35,075,330
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $37,829,163$32,369,317
I-18 Total expensesPrior year $70,258,715$67,444,647
I-19 Revenue less expensesPrior year $111,408,618$7,463,451
Part VI · Governance 20 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $74,908,098 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $66,641,917$66,641,917
VIII-3 Investment incomeUnrelated business $113,163 · Excluded from tax $4,415,228$4,528,391
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,737,790$3,737,790
VIII-12 Total revenueRelated to mission $66,641,917 · Unrelated business $113,163 · Excluded from tax $8,153,018$74,908,098
Part IX · Statement of functional expenses $67,444,647 across 19 lines filed
IX-5 Pay of current officers, directors and key staff$7,147,656
IX-7 Other salaries and wages$18,055,850
IX-8 Pension plan contributions$1,249,339
IX-9 Other employee benefits$6,865,566
IX-10 Payroll taxes$1,756,919
IX-11b Legal fees$688,004
IX-11c Accounting fees$160,693
IX-11f Investment management fees$1,065,004
IX-11g Other fees for services$10,089,562
IX-12 Advertising and promotion$957,955
IX-13 Office expenses$622,026
IX-14 Information technology$2,879,624
IX-16 Occupancy$1,753,670
IX-17 Travel$349,145
IX-19 Conferences, conventions and meetings$1,101,133
IX-21 Payments to affiliates$5,816,758
IX-22 Depreciation, depletion and amortization$4,102,404
IX-23 Insurance$212,795
IX-24 Other expenses (24a–d)$2,570,544
IX-25 Total functional expenses$67,444,647
Part X · Balance sheet $424,096,831 assets, 15 lines filed
Asset lines not itemized here account for $3,136,000; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $11,495,447$7,590,722
X-4 Accounts receivableStart of year $55,998$400,866
X-9 Prepaid expenses and deferred chargesStart of year $4,721,124$5,123,723
X-10c Land, buildings and equipment, netStart of year $13,083,416$15,889,135
X-11 Publicly traded securitiesStart of year $221,381,747$258,013,085
X-12 Other securitiesStart of year $117,501,910$133,498,784
X-15 Other assetsStart of year $3,537,185$444,516
X-16 Total assetsStart of year $371,776,827$424,096,831
X-17 Accounts payable and accrued expensesStart of year $21,287,371$19,267,284
X-19 Deferred revenueStart of year $21,492,259$22,165,188
X-25 Other liabilitiesStart of year $2,002,303$1,196,980
X-26 Total liabilitiesStart of year $44,781,933$42,629,452
X-27 Net assets without donor restrictionsStart of year $326,994,894$381,467,379
X-32 Total net assets or fund balancesStart of year $326,994,894$381,467,379
X-33 Total liabilities and net assetsStart of year $371,776,827$424,096,831
Part XI · Reconciliation of net assets $381,467,379 net assets at year end
XI-1 Total revenue$74,908,098
XI-2 Total expenses$67,444,647
XI-3 Revenue less expenses$7,463,451
XI-4 Net assets at start of year$326,994,894
XI-5 Net unrealized gains (losses) on investments$47,009,034
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$381,467,379

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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