Skip to content
Nonprofiteer
← GENERAL LIABILITY DEFENSE IC

Form 990 for tax year 2022

Filed by GENERAL LIABILITY DEFENSE IC.

Totals

Total revenue
$0
Total expenses
$149,409
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$149,409
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$149,409

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • STEVEN D SHAPIRO

    DIRECTOR

    Total calculated
    $3,430,161
    From this org
    $0
    From related orgs
    $2,859,021
    Other
    $571,140
    Hours/week
    2 + 56 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,522,927 related
    Bonus
    $0 + $1,000,000 related
    Other
    $0 + $336,094 related
    Deferred
    $0 + $530,500 related
    Nontaxable benefits
    $0 + $40,640 related
    Filer's total
    $0 + $3,430,161 related

  • JAMES M STATEN

    DIRECTOR UNTIL 2/28/23

    Total calculated
    $1,995,159
    From this org
    $0
    From related orgs
    $1,916,188
    Other
    $78,971
    Hours/week
    2 + 58.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,524,938 related
    Bonus
    $0 + $100,000 related
    Other
    $0 + $291,250 related
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $48,471 related
    Filer's total
    $0 + $1,995,159 related

  • BEONG-SOO KIM

    DIRECTOR

    Total calculated
    $1,413,546
    From this org
    $0
    From related orgs
    $1,176,988
    Other
    $236,558
    Hours/week
    2 + 56 related

    Schedule J breakdown matched by us

    Base
    $0 + $737,879 related
    Bonus
    $0 + $300,000 related
    Other
    $0 + $139,109 related
    Deferred
    $0 + $230,500 related
    Nontaxable benefits
    $0 + $6,058 related
    Filer's total
    $0 + $1,413,546 related

  • DRDAVID PENG

    DIRECTOR

    Total calculated
    $1,190,378
    From this org
    $0
    From related orgs
    $1,049,978
    Other
    $140,400
    Hours/week
    2 + 46.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $905,418 related
    Bonus
    $0 + $75,000 related
    Other
    $0 + $69,560 related
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $109,900 related
    Filer's total
    $0 + $1,190,378 related

  • ERIK BRINK

    TREASURER/DIRECTOR

    Total calculated
    $798,824
    From this org
    $0
    From related orgs
    $697,286
    Other
    $101,538
    Hours/week
    2 + 56 related

    Schedule J breakdown matched by us

    Base
    $0 + $560,155 related
    Bonus
    $0 + $80,000 related
    Other
    $0 + $57,131 related
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $71,038 related
    Filer's total
    $0 + $798,824 related

  • JASON BENNETT

    PRESIDENT/DIRECTOR

    Total calculated
    $482,879
    From this org
    $0
    From related orgs
    $423,941
    Other
    $58,938
    Hours/week
    5 + 10 related

    Schedule J breakdown matched by us

    Base
    $0 + $367,883 related
    Bonus
    $0 + $36,000 related
    Other
    $0 + $20,058 related
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $28,438 related
    Filer's total
    $0 + $482,879 related

  • CAROLYN DOMEN-BROSHEARS

    SECRETARY

    Total calculated
    $475,922
    From this org
    $0
    From related orgs
    $437,088
    Other
    $38,834
    Hours/week
    2 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $353,679 related
    Bonus
    $0 + $50,000 related
    Other
    $0 + $33,409 related
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $8,334 related
    Filer's total
    $0 + $475,922 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3
THE ORGANIZATION RELIES ON THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC), A RELATED ORGANIZATION, TO ESTABLISH THE COMPENSATION OF THE PRESIDENT.
SCHEDULE J, PART I, LINE 4B
BEONG-SOO KIM: DURING CALENDAR YEAR 2022, SENIOR VICE PRESIDENT & GENERAL COUNSEL AT THE UNIVERSITY OF SOUTHERN CALIFORNIA, PARTICIPATED IN A RETENTION PROGRAM. A PAYMENT OF $1,000,000 (ACCRUING AT $200,000 PER YEAR) IS SCHEDULED TO VEST AND BE PAYABLE IN 2026 SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. AN ACCRUAL OF $200,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). STEVEN D. SHAPIRO: UNDER HIS EMPLOYMENT AGREEMENT, THE SENIOR VICE PRESIDENT OF HEALTH AFFAIRS AT THE UNIVERSITY OF SOUTHERN CALIFORNIA WAS ELIGIBLE FOR BONUSES IN GUARANTEED AMOUNTS. A PAYMENT OF $1,000,000 VESTED AND WAS PAYABLE IN JUNE 2022. ANOTHER PAYMENT OF AT LEAST $750,000 IS SCHEDULED TO VEST AND BE PAYABLE IN JUNE 2023. THE BONUSES ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. A RATABLE ACCRUAL OF $375,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). DURING CALENDAR YEAR 2022, HE PARTICIPATED IN A RETENTION PROGRAM. A PAYMENT OF $1,000,000 (ACCRUING AT $200,000 PER YEAR) IS SCHEDULED TO VEST AND BE PAYABLE IN 2026 SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. AN ACCRUAL OF $125,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). OTHER: IN 1994 USC CREATED A 457(F) SUPPLEMENTAL RETIREMENT PLAN TO PROVIDE MAKE-UP BENEFITS TO EMPLOYEES WHOSE COMPENSATION EXCEEDS THE EARNINGS LIMITATION FOR CONTRIBUTIONS TO THE USC DEFINED CONTRIBUTION RETIREMENT PLAN. AS OF JANUARY 1, 2005, THE PLAN WAS FROZEN AND PARTICIPANTS, WITH RESPECT TO FUTURE MAKE UP BENEFITS, WERE NO LONGER PERMITTED TO DEFER THESE BENEFITS.
SCHEDULE J, PART II
NONE OF THE OFFICERS AND DIRECTORS OF THIS ORGANIZATION RECEIVED ANY COMPENSATION FROM THE FILING ORGANIZATION DURING 2022. DURING 2022, THE INDIVIDUALS REPORTED ON SCHEDULE J, PART II WERE EMPLOYEES OF THE ORGANIZATION'S SUPPORTED ORGANIZATION, THE UNIVERSITY OF SOUTHERN CALIFORNIA ("USC").

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202421369349304367

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.