2025-03-19T09:29:07-05:00 2024-06-30 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2023-07-01 362376972 AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY AMER 7037392330 1400 CRYSTAL DRIVE 300 ARLINGTON VA 22202 LEE C VERMEULEN JR EVP & CEO 7037392330 2025-03-18 1 1 JENNIFER S HAN P00633304 2022937000 2025-03-18 2023 2025-03-06 01:10:19Z LEE C VERMEULEN JR 1400 CRYSTAL DRIVE 300 ARLINGTON VA 22202 14139784 0 X WWW.AACP.ORG X 1989 VA ADVANCE PHARMACY EDUCATION, RESEARCH, SCHOLARSHIP, PRACTICE AND SERVICE. 13 13 49 96 0 0 884959 255741 9730540 10393842 346487 187927 347583 208751 11309569 11046261 290611 176220 0 0 4985958 5518621 0 0 0 6727877 6689352 12004446 12384193 -694877 -1337932 14813125 14578846 8135002 8271944 6678123 6306902 X ADVANCE PHARMACY EDUCATION, RESEARCH, SCHOLARSHIP, PRACTICE AND SERVICE, IN PARTNERSHIP WITH MEMBERS AND STAKEHOLDERS, TO IMPROVE HEALTH FOR ALL. 0 0 2833636 2461635 MEETINGS: AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY'S (THE ASSOCIATION) MEMBER-DIRECTED PROGRAMMING PROVIDES PHARMACY EDUCATORS WITH OPPORTUNITIES TO NETWORK WITH PEERS AT THE ASSOCIATION'S ANNUAL, INTERIM AND OTHER MEETINGS FOR THE PURPOSE OF ENRICHMENT, PROFESSIONAL GROWTH AND DEVELOPMENT. THE ASSOCIATION'S ANNUAL MEETING IS THE LARGEST GATHERING OF ACADEMIC PHARMACY ADMINISTRATORS, FACULTY AND STAFF AND OFFERS MORE THAN 75 EDUCATIONAL PROGRAMS THAT CUT ACROSS ALL DISCIPLINES. THE ASSOCIATION ALSO HOLDS OTHER SPECIALIZED MEETINGS ON TOPICS RELATED TO PROFESSIONAL EDUCATION, LEADERSHIP AND CURRICULAR DEVELOPMENT. 2369710 3151103 PHARMCAS: THE PHARMACY COLLEGE APPLICATION SERVICE (PHARMCAS) IS A CENTRALIZED APPLICATION SERVICE THAT IS USED BY THE MAJORITY OF THE COLLEGES AND SCHOOLS OF PHARMACY. DESIGNED FOR FIRST YEAR PROFESSIONAL PHARMACY DEGREE APPLICANTS, PHARMCAS OFFERS A SIMPLE, EFFICIENT PROCESS TO APPLY TO MULTIPLE COLLEGES AND SCHOOLS OF PHARMACY USING A SINGLE WEBBASED APPLICATION. THIS PROGRAM ASSISTS MEMBER SCHOOLS BY HELPING MEET THEIR MISSION OF EDUCATING AND TRAINING PHARMACISTS. 1315797 8560 4661184 MEMBER SERVICES: THE ASSOCIATION OFFERS UNIQUE BENEFITS, SERVICES, AND OPPORTUNITIES FOR INSTITUTIONAL AND INDIVIDUAL MEMBERS WITH CHALLENGING AND RELEVANT EDUCATIONAL PROGRAMMING, ADVOCACY EFFORTS, PUBLICATIONS, AND PARTNERSHIP INITIATIVES DESIGNED TO PROVIDE OPPORTUNITIES TO PHARMACY PROFESSIONALS AT EVERY STAGE OF THEIR DEVELOPMENT. THE ASSOCIATION'S CORE IDEOLOGY - TO PROVIDE LEADERSHIP IN ADVANCING THE QUALITY OF PHARMACY EDUCATION AT ALL LEVELS - IS REFLECTED IN THE TEACHING, RESEARCH, AND SERVICE ACTIVITIES THAT TAKE PLACE WITHIN AND OUTSIDE OUR NATION'S COLLEGES AND SCHOOLS OF PHARMACY. THE ASSOCIATION SEEKS TO PROVIDE LEADERSHIP IN ADVANCING AND ENHANCING THE QUALITY OF EDUCATION AND TRAINING IN ITS MEMBER INSTITUTIONS. 3227510 167660 119920 EDUCATION SCHOLAR AND OTHER PROGRAMS 3227510 167660 119920 9746653 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 49 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X LEE C VERMEULEN JR 7037392330 1400 CRYSTAL DRIVE 300 ARLINGTON VA 22202 CRAIG COX PRESIDENT 1.00 X X 0 0 0 ANANDI V LAW PRESIDENT ELECT 1.00 X X 0 0 0 RUSSELL B MELCHERT IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 DAVID HOLDFORD TREASURER 1.00 X X 0 0 0 GLORIA GRICE SPEAKER OF THE HOUSE 1.00 X X 0 0 0 TIMOTHY J BLOOM DIRECTOR 1.00 X 0 0 0 LAKESHA BUTLER DIRECTOR 1.00 X 0 0 0 MARGARITA DIVALL DIRECTOR 1.00 X 0 0 0 KATHERINE A KELLEY DIRECTOR 1.00 X 0 0 0 GEORGE MACKINNON III DIRECTOR 1.00 X 0 0 0 ANA C QUINONES-BOEX DIRECTOR 1.00 X 0 0 0 THOMAS SMITH DIRECTOR 1.00 X 0 0 0 TOYIN TOFADE DIRECTOR 1.00 X 0 0 0 LEE C VERMEULEN JR EVP & CEO 37.50 X 343916 0 809 SUBRAMANYAM RAMAMURTHY SR. VP, CFO 37.50 X 223839 0 40830 LYNETTE BRADLEY-BAKER SR. VP, CHIEF ENGAGEMENT OFFICER 37.50 X 247919 0 49704 KELLY RAGUCCI SR. VP, CAO 37.50 X 226401 0 40773 TERRI S MOORE VP, CHIEF STRATEGY/DIVERSITY OFFICER 37.50 X 185989 0 30098 SARAH P SHRADER SR. DIRECTOR OF AP & PD 37.50 X 164094 0 9708 MICHELLE ASSA-ELEY SR. DIRECTOR OF EDUCATION 37.50 X 158412 0 18127 DOROTHY F FARRELL SR. DIRECTOR OF SCIENCE POLICY, CSO 37.50 X 148884 0 38359 MAUREEN O THIELEMANS SENIOR DIRECTOR OF COMMUNICATIONS 37.50 X 121722 0 29274 CHRISTOPHER J DESIMONE CHIEF OF STAFF 37.50 X 118744 0 8112 1939920 0 265794 14 0 1 0 LIAISON INTERNATIONAL 311 ARSENAL STREET SUITE 5600 WATERTOWN MA 02472 PROCESS COMMON APPLICATION SERVICES 2059444 1 255741 255741 MEMBERSHIP DUES 900099 4661184 4661184 PHARMCAS APPLICATION FEES 611710 3151103 3151103 MEETING REG. & EXHIBIT FEES 611710 2461635 2461635 PUBLICATION SALES 513190 119920 119920 10393842 348871 348871 29411 29411 60500 0 60500 60500 60500 2932579 3093523 -160944 -160944 -160944 OTHER REVENUE 900099 118840 118840 118840 11046261 10393842 0 396678 X 139075 139075 37145 37145 1470415 753721 716694 3200803 2431756 769047 189003 144914 44089 331844 238824 93020 326556 225599 100957 23332 23332 26700 18446 8254 44830 44830 3460790 3197692 263098 551151 518839 32312 120991 120991 516661 356932 159729 437038 399411 37627 987607 973214 14393 79669 55039 24630 33509 23149 10360 DUES AND SUBSCRIPTIONS 219865 34554 185311 E-PROCESSING FEES 181165 73177 107988 TAXES AND LICENSES 6044 4175 1869 12384193 9746653 2637540 0 900547 505263 532195 1250581 110007 22878 754881 408907 1872188 1723102 210720 149086 9967619 10269894 2337156 1972237 14813125 14578846 661695 787291 4462752 4839058 3010555 2645595 8135002 8271944 X 5565076 5453155 1113047 853747 6678123 6306902 14813125 14578846 -1337932 966711 0 X X 0 1 X 1 0 X 177634 742000 1100828 884959 255741 3161162 11108352 9375885 8971954 9730540 10393842 49580573 11285986 10117885 10072782 10615499 10649583 52741735 0 0 0 52741735 488156 406383 381888 509758 438782 2224967 488156 406383 381888 509758 438782 2224967 100628 159862 141357 224212 118840 744899 11874770 10684130 10596027 11349469 11207205 55711601 0.94670 0.92060 0.03990 0.04310 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 100,628. 2020 AMOUNT: $ 159,862. 2021 AMOUNT: $ 141,357. 2022 AMOUNT: $ 224,212. 2023 AMOUNT: $ 118,840. SCHEDULE A, PART III, DESCRIPTION OF THE UPDATED NUMBERS: THE FOLLOWING REVENUE AMOUNTS ON SCHEDULE A, PART III HAVE BEEN UPDATED FROM PRIOR 990S IN ORDER TO ACCURATELY REFLECT REVENUE AMOUNTS FROM THEIR RESPECTIVE YEARS. PART III, LINE 1, COLUMN(B), 2020 PART III, LINE 12, COLUMN(B), 2020 PART III, LINE 1, COLUMN(C), 2021 PART III, LINE 12, COLUMN(C), 2021 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 266388 19980 19980 266388 266388 19980 19980 266388 266388 1500 1500 266388 266388 1499 1499 266388 266388 4563 4563 266388 1.00000 0 0 11562 11562 0 1259662 1110576 149086 600964 600964 0 149086 RIGHT-OF-USE ASSET - OPERATING OFFICE LEASE 1972237 1972237 NONQUALIFIED EMPLOYEE BENEFIT PLAN 285601 LEASE LIABILITY - OPERATING OFFICE LEASE 2359994 2645595 X 11968142 966711 966711 11001431 44830 44830 11046261 12339363 0 12339363 44830 44830 12384193 PART V, LINE 4: THE ASSOCIATION'S ENDOWMENT CONSISTS OF VARIOUS FUNDS ESTABLISHED TO SUPPORT A VARIETY OF PURPOSES. PART X, LINE 2: THE INCOME TAX POSITIONS TAKEN BY THE ASSOCIATION FOR ANY YEAR OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS ARE THAT THE ASSOCIATION CONTINUES TO BE EXEMPT FROM INCOME TAXES AND THAT THE ASSOCIATION HAS PROPERLY REPORTED UNRELATED BUSINESS INCOME THAT IS SUBJECT TO INCOME TAXES. THE ASSOCIATION BELIEVES THAT THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE UNRECOGNIZED TAX BENEFITS WITHIN 12 MONTHS OF THE REPORTING DATE. THE ASSOCIATION EVALUATED ITS UNCERTAINTY IN INCOME TAXES AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. NONE OF THE ASSOCIATION'S INCOME TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. 1 THE OHIO STATE UNIVERSITY 1960 KENNY ROAD COLUMBUS OH 43210 316025986 501(C)(3) 13000 0 CVS MINORITY HEALTH SCHOLARSHIP, WEAVER AWARD CHAPMAN UNIVERSITY 1 UNIVERSITY DRIVE ORANGE CA 92866 951643992 501(C)(3) 11000 0 NEW INVESTIGATOR AWARD UNIV OF BALTIMORE 1420 N CHARLES STREET BALTIMORE MD 21201 526002033 501(C)(3) 11000 0 NEW INVESTIGATOR AWARD LARKIN UNIVERSITY 18301 N MIAMI AVENUE SUITE 1 MIAMI FL 33169 463670992 501(C)(3) 10900 0 NEW INVESTIGATOR AWARD UNIVERSITY OF FLORIDA 207 GRINTER HALL PO BOX 115500 GAINESVILLE FL 32611 596002052 501(C)(3) 8000 0 CVS MINORITY HEALTH SCHOLARSHIP UNIVERSITY OF MARYLAND 3112 LEE BLDG 7809 REGENTS DRIVE COLLEGE PARK MD 20742 526002033 501(C)(3) 8000 0 CVS MINORITY HEALTH SCHOLARSHIP UNIVERSITY OF NORTH CAROLINA 104 AIRPORT DRIVE SUITE 2200 CHAPEL HILL NC 27599 566001393 501(C)(3) 8000 0 CVS MINORITY HEALTH SCHOLARSHIP UNIVERSITY OF TENNESSEE HEALTH SCIENCE CENTER 62 S DUNLAP STREET SUITE 300 MEMPHIS TN 38163 626001636 501(C)(3) 8000 0 CVS MINORITY HEALTH SCHOLARSHIP HIGH POINT UNIVERSITY ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 560529999 501(C)(3) 7300 0 NEW INVESTIGATOR AWARD UNIVERSITY OF ILLINOIS 506 S WRIGHT STREET URBANA IL 61801 376000511 501(C)(3) 6285 0 SCHOLARSHIP OF TEACHING & LEARNING 10 0 SEWELL FUND STIPEND TO ATTEND ANNUAL MEETING 11 11425 LYMAN AWARD - RELATED TO JOURNAL 4 5000 ROBERT K CHALMERS AWARD 1 5000 DISTINGUISHED SERVICE AWARD 1 1250 DAWSON AWARD 1 5000 VOLWILER AWARD 1 5000 SECTION & SPECIAL INTEREST GROUP AWARD 18 3970 MOCK TRIAL AWARD 1 500 PART I, LINE 2: THE ASSOCIATION MONITORS THE USE OF GRANT FUNDS. THIS INCLUDES HAVING THE NEW INVESTIGATOR AWARDEES PRESENT THE FINDINGS OF THEIR RESEARCH AT THE AACP ANNUAL MEETING. RECIPIENTS OF OTHER AWARDS ALSO ATTEND THE ASSOCIATION'S ANNUAL MEETING. X X X 0 0 0 0 0 0 0 0 0 LEE C VERMEULEN JR EVP & CEO 343916 0 0 0 0 0 0 0 809 0 344725 0 0 0 LYNETTE BRADLEY-BAKER SR. VP, CHIEF ENGAGEMENT OFFICER 247919 0 0 0 0 0 28432 0 21272 0 297623 0 0 0 KELLY RAGUCCI SR. VP, CAO 226401 0 0 0 0 0 25329 0 15444 0 267174 0 0 0 SUBRAMANYAM RAMAMURTHY SR. VP, CFO 223839 0 0 0 0 0 25329 0 15501 0 264669 0 0 0 TERRI S MOORE VP, CHIEF STRATEGY/DIVERSITY OFFICER 185989 0 0 0 0 0 20443 0 9655 0 216087 0 0 0 DOROTHY F FARRELL SR. DIRECTOR OF SCIENCE POLICY, CSO 148884 0 0 0 0 0 17170 0 21189 0 187243 0 0 0 MICHELLE ASSA-ELEY SR. DIRECTOR OF EDUCATION 158412 0 0 0 0 0 17340 0 787 0 176539 0 0 0 SARAH P SHRADER SR. DIRECTOR OF AP & PD 164094 0 0 0 0 0 0 0 9708 0 173802 0 0 0 MAUREEN O THIELEMANS SENIOR DIRECTOR OF COMMUNICATIONS 121722 0 0 0 0 0 13956 0 15318 0 150996 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 INSTITUTIONAL MEMBERS SHALL BE EITHER REGULAR OR ASSOCIATE. THERE SHALL ALSO BE ORGANIZATIONAL MEMBERS. A. REGULAR. REGULAR INSTITUTIONAL MEMBERSHIP SHALL BE RESTRICTED TO COLLEGES OR SCHOOLS OF PHARMACY WHOSE PROFESSIONAL DEGREE PROGRAMS HAVE BEEN GRANTED FULL OR CANDIDATE ACCREDITED STATUS BY THE ACCREDITATION COUNCIL FOR PHARMACY EDUCATION (ACPE). IF A REGULAR INSTITUTIONAL MEMBER'S ACCREDITATION CHANGES, THAT INSTITUTION'S MEMBERSHIP WILL AUTOMATICALLY REVERT TO THE LEVEL FOR WHICH THEY ARE THEN ELIGIBLE. REGULAR INSTITUTIONAL MEMBERS ARE ENTITLED TO BE REPRESENTED BY TWO VOTING DELEGATES IN THE HOUSE OF DELEGATES, ONE SERVING AS AN ADMINISTRATIVE DELEGATE AND ONE AS A FACULTY DELEGATE. REGULAR MEMBERSHIP REQUIRES THE APPROVAL OF THE HOUSE OF DELEGATES. B. ASSOCIATE. ASSOCIATE INSTITUTIONAL MEMBERSHIP SHALL BE RESTRICTED TO COLLEGES AND SCHOOLS OF PHARMACY THAT HAVE BEEN GRANTED PRECANDIDATE STATUS BY THE ACCREDITATION COUNCIL FOR PHARMACY EDUCATION (ACPE). ASSOCIATE INSTITUTIONAL MEMBERS MAY APPOINT ONE NON-VOTING DELEGATE TO THE HOUSE OF DELEGATES. ASSOCIATE MEMBERSHIP REQUIRES THE APPROVAL OF THE HOUSE OF DELEGATES. C. ORGANIZATIONAL MEMBERSHIP. ORGANIZATIONAL MEMBERSHIP SHALL BE AVAILABLE TO NON-U.S. BASED COLLEGES AND SCHOOLS OF PHARMACY, PHARMACY ASSOCIATIONS, ASSOCIATIONS OF OTHER HEALTH DISCIPLINES, AS WELL AS RELEVANT GOVERNMENT AGENCIES AND NOT-FOR-PROFIT ORGANIZATIONS. INDIVIDUAL MEMBERS SHALL BE OF FOUR TYPES: ACTIVE MEMBERS, AFFILIATE MEMBERS, STUDENT, RESIDENT, FELLOW MEMBERS, AND EMERITUS MEMBERS. A. ACTIVE. ACTIVE INDIVIDUAL MEMBERSHIP SHALL BE RESTRICTED TO ADMINISTRATORS, FACULTY, STAFF, AND LIBRARIANS OF REGULAR AND ASSOCIATE INSTITUTIONAL MEMBERS AND TO PROFESSIONAL STAFF OF THE ASSOCIATION AND THE ACCREDITATION COUNCIL FOR PHARMACY EDUCATION. ACTIVE INDIVIDUAL MEMBERS SHALL HAVE THE RIGHT TO SERVE AS DELEGATES TO THE HOUSE OF DELEGATES IN ACCORDANCE WITH THEIR INSTITUTION'S MEMBERSHIP STATUS AND THE RIGHT TO HOLD ELECTIVE OFFICE. ACTIVE INDIVIDUAL MEMBERS SHALL ELECT THE ASSOCIATION'S OFFICERS AS PROVIDED IN ARTICLE XI. ACTIVE INDIVIDUAL MEMBERS SHALL ALSO HAVE THE RIGHT TO VOTE TO ELECT OFFICERS OF THEIR RESPECTIVE COUNCILS AND ACADEMIC SECTIONS AND TO VOTE ON ANY MATTER SUBMITTED TO THEM FOR A VOTE BY THE HOUSE OF DELEGATES PURSUANT TO ARTICLE IX OF THESE BYLAWS. A CURRENT AACP "ACTIVE MEMBER" WHO IS LEAVING EMPLOYMENT AT A REGULAR OR ASSOCIATE MEMBER INSTITUTION MAY PETITION IN WRITING TO THE AACP BOARD OF DIRECTORS TO CONTINUE THEIR ACTIVE MEMBERSHIP UNTIL THE INDIVIDUAL QUALIFIES FOR EMERITUS MEMBERSHIP, AS PER ARTICLE 3.2D. B. AFFILIATE. AFFILIATE INDIVIDUAL MEMBERSHIP SHALL BE AVAILABLE TO ADMINISTRATORS, FACULTY, STAFF, AND LIBRARIANS OF COLLEGES AND SCHOOLS OF PHARMACY WHICH HAVE NOT BEEN GRANTED PRECANDIDATE STATUS BY ACPE, EMPLOYEES OF ORGANIZATIONAL MEMBERS AND CORPORATE MEMBERS, AND OTHERS NOT OTHERWISE ELIGIBLE FOR MEMBERSHIP IN ANOTHER CATEGORY. AFFILIATE INDIVIDUAL MEMBERS SHALL HAVE THE RIGHT TO PARTICIPATE IN THE MEETINGS OF THE APPROPRIATE COUNCILS AND ACADEMIC SECTIONS OF THE ASSOCIATION, BUT THEY SHALL NOT HAVE THE RIGHT TO SERVE AS DELEGATES OR THE RIGHT TO VOTE OR HOLD ELECTIVE OFFICE. C. STUDENT, RESIDENT, AND FELLOW. STUDENT, RESIDENT, AND FELLOW INDIVIDUAL MEMBERSHIP SHALL BE AVAILABLE TO ANY PROFESSIONAL OR GRADUATE DEGREE STUDENT ENROLLED AT A REGULAR OR ASSOCIATE MEMBER INSTITUTION, AS WELL AS RESIDENTS AND POST-DOCTORAL OR CLINICAL FELLOWS. STUDENT, RESIDENT, AND FELLOW INDIVIDUAL MEMBERS SHALL HAVE THE RIGHT TO PARTICIPATE IN THE MEETINGS OF THE ASSOCIATION AND BECOME INDIVIDUAL MEMBERS OF THE COUNCIL OF FACULTIES AND APPROPRIATE ACADEMIC SECTIONS OF THE ASSOCIATION, BUT THEY SHALL NOT HAVE THE RIGHT TO SERVE AS DELEGATES TO THE HOUSE OF DELEGATES OR THE RIGHT TO VOTE OR HOLD ELECTIVE OFFICE. D. EMERITUS. EMERITUS INDIVIDUAL MEMBERSHIP SHALL BE GRANTED FOR LIFE TO ANY FORMER ACTIVE INDIVIDUAL MEMBER WHO HAS RETIRED FROM FULL TIME EMPLOYMENT AND WHO HAS PAID MEMBERSHIP DUES FOR AT LEAST FIVE YEARS PRIOR TO RETIREMENT. EMERITUS INDIVIDUAL MEMBERS SHALL HAVE THE RIGHT TO PARTICIPATE IN THE MEETINGS OF THE ASSOCIATION AND BECOME EMERITUS INDIVIDUAL MEMBERS OF APPROPRIATE COUNCILS AND ACADEMIC SECTIONS OF THE ASSOCIATION, BUT THEY SHALL NOT HAVE THE RIGHT TO SERVE AS DELEGATES TO THE HOUSE OF DELEGATES OR THE RIGHT TO VOTE OR HOLD ELECTIVE OFFICE. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION MEMBERS ELECT THE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B SOME GOVERNANCE DECISIONS OF THE ORGANIZATION ARE RESERVED FOR THE HOUSE OF DELEGATES AS SPECIFIED IN THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THE FINAL RETURN IS AVAILABLE FOR ALL BOARD MEMBERS TO REVIEW UPON REQUEST FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION ENFORCES ITS CONFLICT OF INTEREST POLICY, WHICH IS PERIODICALLY REVIEWED BY THE BOARD OF THE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS SET AT CONTRACT TIME AND IS REVIEWED ANNUALLY BY THE PRESIDENTIAL OFFICERS (EXECUTIVE COMMITTEE) AND COMPARED AGAINST INDUSTRY DATA. FOR ALL OTHER STAFF, A COMPETITIVE MARKET ANALYSIS IS REVIEWED TO DETERMINE THE MARKET FOR COMPARABLE POSITIONS, ALONG WITH THE SALARY SURVEYS MOST COMMONLY USED IN THE DC AREA BY COMPENSATION PROFESSIONALS. THE COMPENSATION OF THE CEO, OTHER OFFICERS, AND KEY EMPLOYEES WAS DETERMINED IN JUNE 2024. THE CEO'S COMPENSATION WAS APPROVED BY THE ASSOCIATION'S PRESIDENT, WHILE THE COMPENSATION OF ALL OTHER EMPLOYEES WAS REVIEWED AND APPROVED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL REPORTS ARE PUBLISHED ON THE ASSOCIATION'S WEB SITE AS WELL AS IN ITS JOURNAL ARCHIVES. FORM 990, PART IX, LINE 11G PROCESS COMMON APPLICATION SERVICES: PROGRAM SERVICE EXPENSES 2,059,444. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,059,444. AUDIO AND VISUAL: PROGRAM SERVICE EXPENSES 662,145. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 662,145. CONSULTANT SERVICES: PROGRAM SERVICE EXPENSES 325,582. MANAGEMENT AND GENERAL EXPENSES 234,949. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 560,531. HONORARIA: PROGRAM SERVICE EXPENSES 58,747. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 58,747. PHARMCAS: PROGRAM SERVICE EXPENSES 49,882. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,882. STUDENT SERVICES: PROGRAM SERVICE EXPENSES 33,895. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,895. STAFF TRAINING AND DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 28,149. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,149. CBC FEES: PROGRAM SERVICE EXPENSES 7,997. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,997. FORM 990, PART XII, LINE 2C: THE ASSOCIATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, SELECTS THE INDEPENDENT AUDITORS, AND MEETS WITH THE AUDITORS TWICE A YEAR.