Skip to content
Nonprofiteer
← OPEN COMPLIANCE AND ETHICS GROUP INC

Form 990 for tax year 2022

Filed by OPEN COMPLIANCE AND ETHICS GROUP INC.

Totals

Total revenue
$2,485,172
Total expenses
$1,902,074
Contributions and grants received
$1,875,153
Grants paid
$7,000
Program service revenue
$602,595
Investment income
$1,146
Other revenue
$6,278
Total assets, end of year
$3,685,290
Total liabilities, end of year
$9,664
Net assets or fund balances, end of year
$3,675,626
Program services expenses (Part IX)
$1,820,355
Management and general expenses
$81,719
Fundraising expenses
$0
Program service expenses (Part III)
$1,820,355

Program services were 95.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,875,153

  • 2a · Program service revenue: GRC ED & TRAINING

    total $499,602 · related or exempt $499,602

  • 2b · Program service revenue: CONTENT DISTRIBUTION

    total $102,993 · unrelated business $102,993

  • 3 · Investment income

    total $1,146 · excluded $1,146

  • 6a · Gross rents

    real property $21,780

  • 6b · Less rental expenses

    real property $19,666

  • 6c · Rental income or loss

    real property $2,114

  • 6d · Net rental income or loss

    total $2,114 · excluded $2,114

  • 11a · Other revenue: CREDIT CARD REWARD PRO

    total $2,184 · excluded $2,184

  • 11b · Other revenue: REFUND FROM HEALTH INS

    total $1,488 · excluded $1,488

  • 11c · Other revenue: CREDIT CARD PROCESSING

    total $492 · excluded $492

  • 11e · Other revenue, total

    $4,164

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,000 · program services $7,000

  • 5 · Compensation of officers, directors and key employees

    total $656,789 · program services $634,186 · management and general $22,603

  • 7 · Other salaries and wages

    total $151,231 · program services $109,431 · management and general $41,800

  • 8 · Pension plan contributions

    total $4,180 · program services $2,508 · management and general $1,672

  • 9 · Other employee benefits

    total $10,525 · program services $9,730 · management and general $795

  • 10 · Payroll taxes

    total $47,362 · program services $42,948 · management and general $4,414

  • 11b · Fees: legal

    total $20,535 · program services $20,535

  • 11c · Fees: accounting

    total $11,108 · program services $8,433 · management and general $2,675

  • 11g · Fees: other

    total $526,627 · program services $526,627

  • 12 · Advertising and promotion

    total $1,834 · program services $1,834

  • 13 · Office expenses

    total $144,658 · program services $138,943 · management and general $5,715

  • 14 · Information technology

    total $169,996 · program services $169,110 · management and general $886

  • 16 · Occupancy

    total $18,569 · program services $17,641 · management and general $928

  • 17 · Travel

    total $48,181 · program services $48,181

  • 23 · Insurance

    total $7,697 · program services $7,466 · management and general $231

  • 24a · Other expenses: TRAINING

    total $43,944 · program services $43,944

  • 24b · Other expenses: TEAM BUILDING

    total $17,772 · program services $17,772

  • 24c · Other expenses: PROJECT CONTENT

    total $14,066 · program services $14,066

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,683,996 · end of year $1,689,408

  • 2 · Savings and temporary cash investments

    beginning of year $1,416,035 · end of year $1,994,840

  • 15 · Other assets

    beginning of year $1,042 · end of year $1,042

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,895 · end of year $9,664

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $3,095,178 · end of year $3,675,626

Mission and programs · 2022

Mission

OCEG IS A NONPROFIT ORGANIZATION THAT UNIQUELY HELPS ORGANIZATIONS DRIVE PRINCIPLED PERFORMANCE BY ENHANCING CULTURE AND INTEGRATING GOVERNANCE, RISK AND COMPLIANCE.

  • OCEG DEVELOPED AND RELEASED A NUMBER OF NEW INSTALLMENTS IN OUR GRC ILLUSTRATED SERIES OF INFOGRAPHICS, OUR PLAYBOOK SERIES OF GUIDANCE, AND OUR EBOOK SERIES, ON THE TOPICS OF ESG AND DATA PRIVACY WHICH ARE TWO SUBJECTS OF PARTICULAR INTEREST TO OUR MEMBERS.A MAJOR CONTENT DEVELOPMENT WAS THE RELEASE OF THE INTEGRATED DATA PRIVACY MODEL. THROUGHOUT THE YEAR WE WORKED WITH AN EXPERT ADVISORY PANEL TO DEVELOP THE NEW MODEL AND AN ASSOCIATED NEW CERTIFICATION (INTEGRATED DATA PRIVACY PROFESSIONAL OR IDPP) AND THESE WERE RELEASED IN OCTOBER 2022. THE MODEL IS AVAILABLE AN AN OPEN SOURCE SET OF STANDARDS AND ANYONE MAY DOWNLOAD IT AFTER LOGGING ONTO THE OCEG WEBSITE.

    Expenses $1,770,172 · Grants $7,000 · Revenue $554,095

  • IN THE AREA OF RESEARCH, OCEG ISSUED TWO SURVEY REPORTS, ONE ON GRC READINESS AND ONE ON THE IMPACT OF DIGITILIZATION. ALL OF THIS NEW CONTENT WAS MADE AVAILABLE FOR DOWNLOAD BY ANYONE LOGGED ONTO THE OCEG WEBSITE FOR FREE FOR APPROXIMATELY TWO MONTHS AFTER IT WAS POSTED TO THE OCEG RESOURCE COLLECTION, AND THEREAFTER WAS MADE AVAILABLE TO ANYONE WITH AN OCEG ALL ACCESS PASS (AAP).OCEG ALSO HELD WEBINARS EACH MONTH ON A VARIETY OF GRC TOPICS. THESE ARE AVAILABLE TO BE ATTENDED FREE BY ANYONE LOGGED ONTO THE OCEG WEBSITE AND ARCHIVES OF THE WEBINAR RECORDINGS AND THE SLIDES WERE MADE AVAILABLE TO ANYONE WITH AN AAP.

    Expenses $50,183 · Revenue $48,500

As filed on the 2022 return.

Listed in Part VII

  • Jon McCormick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Scott L Mitchell

    DIRECTOR / CHAIR

    Total calculated
    $241,895
    From this org
    $231,000
    From related orgs
    $0
    Other
    $10,895
    Hours/week
    40 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $156,000
    Bonus
    $75,000
    Other
    $0
    Deferred
    $6,320
    Nontaxable benefits
    $4,575
    Filer's total
    $241,895

  • Carole Switzer

    PRESIDENT

    Total calculated
    $210,167
    From this org
    $191,000
    From related orgs
    $0
    Other
    $19,167
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,000
    Bonus
    $35,000
    Other
    $0
    Deferred
    $1,440
    Nontaxable benefits
    $17,727
    Filer's total
    $210,167

  • Stephane Legay

    FMR DIRECTOR (UNTIL 12/31/21) / CIO

    Total calculated
    $202,670
    From this org
    $161,000
    From related orgs
    $0
    Other
    $41,670
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $111,000
    Bonus
    $50,000
    Other
    $0
    Deferred
    $6,098
    Nontaxable benefits
    $35,572
    Filer's total
    $202,670

  • Jeanna Legay

    DIRECTOR OF FINANCE

    Total calculated
    $110,521
    From this org
    $104,500
    From related orgs
    $0
    Other
    $6,021
    Hours/week
    40

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, and on a Form 990-PF Part VIII's — 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

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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)

PART I, LINE 3:
COMPENSATION COMPARATIVE DATA FOR LOCAL MARKET ARE INDEPENDENTLY OBTAINED AND REVIEWED IN ACCORDANCE WITH OCEG EXECUTIVE COMPENSATION POLICY, WHICH IS APPROVED BY THE BOARD. THIS IS REVIEWED EVERY 2 YEARS AND WAS DONE IN 2021.

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.

  • GRC CERTIFY

    501(C)(4) · EDUCATION/TRAINING · AZ

    Directly controlled by OCEG

Provenance

Return type
form_990
Tax year
2022
Filed
13 July 2023
IRS schema version
2022v5.0
Source object
202341959349301739

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.