2023-11-09T14:38:40-06:00 2022-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2022-01-01 520700497 FEDERATION OF AMERICAN SOCIETIES FOR EXPERIMENTAL BIOLOGY FEDE 3016347000 6120 EXECUTIVE BLVD 230 ROCKVILLE MD 20852 FRANK KRAUSE EXECUTIVE OFFICER 3016347000 2023-11-09 1 FRANK KRAUSE XXX-XX-XXXX 0 AARON M FOX P01365820 2028224000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X FASEB FRANK KRAUSE 6120 EXECUTIVE BLVD 230 ROCKVILLE MD 20852 20757062 0 X FASEB.ORG X 1912 DC TO ADVANCE HEALTH AND WELFARE BY PROMOTING PROGRESS AND EDUCATION IN BIOLOGICAL/BIOMEDICAL SCIENCES. 33 32 37 39 23153 18720 2049903 2565501 5465495 10043220 4481083 171409 14572 3279 12011053 12783409 579568 3020608 0 0 4326025 4776531 15000 0 49077 3111595 6917557 8032188 14714696 3978865 -1931287 23764452 19627725 3476241 3729248 20288211 15898477 X THE FEDERATION OF AMERICAN SOCIETIES FOR EXPERIMENTAL BIOLOGY (FASEB) ADVANCES HEALTH AND WELFARE BY PROMOTING PROGRESS AND EDUCATION IN BIOLOGICAL AND BIOMEDICAL SCIENCES THROUGH SERVICE TO ITS MEMBER SOCIETIES AND COLLABORATIVE ADVOCACY. 0 0 6739428 2710721 5527267 SCIENCE RESEARCH CONFERENCES - THE FASEB SCIENCE RESEARCH CONFERENCES ARE A SERIES OF SCIENTIFIC CONFERENCES THAT PROMOTE DIALOGUE AMONG RESEARCHERS, MANY OF WHOM ARE INDIVIDUAL MEMBERS OF FASEB MEMBER SOCIETIES, IN THE BIOLOGICAL AND BIOMEDICAL SCIENCES TO SPUR INNOVATION AND EXCHANGE KNOWLEDGE. 1500404 41570 796845 CORE FUNCTIONS - LEGISLATIVE AFFAIRS AND SCIENCE POLICY ACTIVITIES WITHIN THE OFFICE OF PUBLIC AFFAIRS (OPA) SUPPORT THE FEDERATION'S CORE COMPETENCY, ADVANCING RESEARCH FUNDING AND POLICIES THAT STIMULATE THE BIOLOGICAL AND BIOMEDICAL SCIENCES. THROUGH OPA'S IN-DEPTH POLICY ANALYSES, DEVELOPMENT AND EXECUTION OF LEGISLATIVE STRATEGIES, AND COMMUNICATION AND SUPPORT FOR ALL FASEB PUBLIC POLICY INITIATIVES, CORE FUNCTIONS PROVIDE THE MOST DIRECT BENEFIT TO MEMBER SOCIETIES AND THEIR INDIVIDUAL MEMBERS. 1416438 MANAGEMENT SUPPORT SERVICES - TAILORED MANAGEMENT SERVICES ARE PROVIDED TO HELP MEET THE PRECISE NEEDS OF SCIENTIFIC SOCIETIES, FROM THEIR DAY-TO-DAY ADMINISTRATION TO LONG-TERM PLANNING, AS WELL AS MEET THE FEDERATION'S STRATEGIC GOAL OF HELPING TO FACILITATE THE MISSIONS OF SCIENTIFIC SOCIETIES. 1110709 232917 2187709 FASEB JOURNALS - THE FASEB JOURNAL AND FASEB BIOADVANCES, FASEB'S FLAGSHIP JOURNALS, FEATURE TRANSDISCIPLINARY ORIGINAL RESEARCH THAT SUPPORTS THE FEDERATION'S STRATEGIC GOAL TO PROMOTE SCIENTIFIC PROGRESS AND EDUCATION IN THE BIOSCIENCES. 514507 5400 DATAWORKS! - IS AN INITIATIVE THAT BRINGS THE BIOLOGICAL AND BIOMEDICAL RESEARCH COMMUNITIES TOGETHER TO ADVANCE HUMAN HEALTH THROUGH DATA SHARING AND REUSE. DATAWORKS! FEATURES FOUR COMPONENTS TO FOSTER THIS CULTURE CHANGE. DATAWORKS! SALONS PROVIDE CONVERSATION SPACES FOR BIOLOGICAL AND BIOMEDICAL RESEARCHERS TO EXCHANGE IDEAS AND DESIGN EFFECTIVE PRACTICES FOR DATA SHARING AND REUSE. THE DATAWORKS! PRIZE RECOGNIZES RESEARCH TEAMS FOR THEIR EFFORTS INTEGRATING DATA SHARING AND REUSE TO ADVANCE HUMAN HEALTH AND DISCOVERY. DATAWORKS! COMMUNITY ENABLES INDIVIDUAL RESEARCHERS AND RESEARCH TEAMS TO HONE SKILLS AND MENTOR PEERS IN DATA MANAGEMENT AND SHARING, WHILE THE DATAWORKS! HELP DESK PROVIDES GUIDANCE TO FOR THE RESEARCH COMMUNITY TO NAVIGATE AND ADOPT DATA SHARING AND REUSE POLICIES AND PRACTICES. 292751 30000 DIVERSITY, EQUITITY, ACCESSIBILITY AND INCLUSION (DEAI) PROGRAM - PROVIDES A SUITE OF OPPORTUNITIES FOR WORKING SCIENTISTS THROUGHOUT THE LIFE SCIENCES. USING A UNIQUE, MULTIFACETED APPROACH, FASEB'S DEAI PROGRAM SEEKS TO BUILD REPRESENTATIVE LEADERSHIP, FOSTER WORK ENVIRONMENTS WHERE RESEARCHERS CAN BRING THEIR WHOLE SELVES, AND ENGAGE WITH DIVERSE COMMUNITIES ACROSS THE LIFE SCIENCES. THE DEAI PROGRAM CONSISTS OF FOUR OPPORTUNITIES: CARES, LEAD, SEED, AND FRIENDS. CARES HELPS ALLEVIATE FINANCIAL BURDENS ASSOCIATED WITH CAREGIVING, ALLOWING MEMBERS TO PURSUE CRITICAL PROFESSIONAL DEVELOPMENT OPPORTUNITIES. LEAD IS A REVERSE MENTORING PROGRAM THAT PAIRS AN EARLY-CAREER MENTOR WITH A SENIOR-LEVEL MENTEE TO FOSTER EXCHANGE OF DIFFERENT PERSPECTIVES OF INDIVIDUAL, GROUP, AND BROADER CULTURAL VIEWS. SEED IS A COHORT PROGRAM FOCUSED ON DEVELOPING SKILLS CRITICAL TO HELPING PARTICIPANTS NAVIGATE KEY EDUCATIONAL AND PROFESSIONAL TRANSITIONS. 1917967 268317 2187709 11574237 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 66 0 1 37 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 33 32 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X FRANK KRAUSE 3016347000 6120 EXECUTIVE BLVD 230 ROCKVILLE MD 20852 FRANK J KRAUSE EXECUTIVE DIRECTOR/CEO, SECRETARY 37.50 X X 512774 0 72914 KEVIN C KREGEL PHD PRESIDENT 5.00 X X 0 0 0 MARY-ANN BJORNSTI PHD PRESIDENT ELECT 5.00 X X 0 0 0 PATRICIA L MORRIS PHD IMM. PAST PRESIDENT 5.00 X X 0 0 0 CHERIE L BUTTS PHD TREASURER 5.00 X X 0 0 0 CHARLES W FREVERT DVM SCD TREASURER - UNTIL 06/22 5.00 X X 0 0 0 BETH A GARVY PHD VP FOR SCIENCE POLICY 5.00 X X 0 0 0 ERIC E KELLEY PHD VP-ELECT FOR SCIENCE POLICY 5.00 X X 0 0 0 MICHAEL ASCHNER PHD DIRECTOR 1.50 X 0 0 0 LEE-ANN H ALLEN PHD DIRECTOR 1.50 X 0 0 0 NICHOLAS AMBULOS PHD DIRECTOR 1.50 X 0 0 0 BETSY A BOVE PHD DIRECTOR 1.50 X 0 0 0 BRENDAN F BOYCE MB CHB DIRECTOR 1.50 X 0 0 0 RACHEL M BREWSTER PHD DIRECTOR 1.50 X 0 0 0 HOLLY BROWN-BORG PHD DIRECTOR 1.50 X 0 0 0 DENISE C CORNELIUS PHD FAHA DIRECTOR 1.50 X 0 0 0 CHRISTINE P CURRAN PHD DIRECTOR - UNTIL 02/22 1.50 X 0 0 0 SAMRAT U DAS MD DIRECTOR 1.50 X 0 0 0 CATHERINE DAVIS PHD DIRECTOR 1.50 X 0 0 0 PHILIP E DAWSON PHD DIRECTOR - UNTIL 04/22 1.50 X 0 0 0 DIANE M DUFFY PHD DIRECTOR 1.50 X 0 0 0 KARYN HAMILTON PHD RD DIRECTOR 1.50 X 0 0 0 DENNIS JONES PHD DIRECTOR - UNTIL 06/22 1.50 X 0 0 0 VIJAY KALE BVSC MVSC PHD DABT ER DIRECTOR 1.50 X 0 0 0 SOPHIA KASKA PHD DIRECTOR 1.50 X 0 0 0 ERIC E KELLEY PHD DIRECTOR 1.50 X 0 0 0 ELIZABETH J KOVACS PHD DIRECTOR 1.50 X 0 0 0 MICHAEL LEHMAN PHD FAAA DIRECTOR 1.50 X 0 0 0 ROBIN LORENZ MD PHD DIRECTOR 1.50 X 0 0 0 PAMELA A MARINO PHD DIRECTOR 1.50 X 0 0 0 CHARLES A PARKOS MD PHD DIRECTOR 1.50 X 0 0 0 DIANE ROBINS PHD DIRECTOR 1.50 X 0 0 0 MICHAEL D SCHALLER PHD DIRECTOR 1.50 X 0 0 0 JEFFREY L SCHWARTZ PHD DIRECTOR - UNTIL 04/22 1.50 X 0 0 0 VIJAY SHIVASWAMY MBBS DIRECTOR - UNTIL 03/22 1.50 X 0 0 0 KELLY A TAPPENDEN PHD RD FASPEN DIRECTOR 1.50 X 0 0 0 ANDREA B TAYLOR PHD FAAAS FAAA DIRECTOR 1.50 X 0 0 0 BILL J YATES PHD DIRECTOR 1.50 X 0 0 0 JUAN CARLOS ZUNIGA-PFLUCKER PHD DIRECTOR 1.50 X 0 0 0 JENNIFER L ZEITZER DIRECTOR OF PUBLIC AFFAIRS 37.50 X 258479 0 40167 YVETTE SEGER DIR OF SCIENCE POL./DEPUTY DIR. OF OPA 37.50 X 216243 0 38841 ANDREA BAUERFEIND DIRECTOR OF OSMC 37.50 X 166300 0 56694 SUSAN SCHIAFFINO DIRECTOR OF HR 37.50 X 168718 0 27661 DARLA P HENDERSON DIRECTOR OF OSRI & PUBLICATIONS 37.50 X 148575 0 42345 GLORIA PATNELLI SENIOR PAYROLL MANAGER 37.50 X 130912 0 25462 1602001 0 304084 11 0 1 0 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 CONSULTING 995157 VIRTUAL LOGIC GROUP LLC 4362 HUNTLEY COURT WOODBRIDGE VA 22192 TECHNOLOGY CONSULTANT 779073 ATLANTIC IMAGES SOUND EVENT SERVICES 9145 NARCOOSSEE RD 106 ORLANDO FL 32837 EQUIPMENT RENTAL 700000 ARAMARK SFS 1101 ARCH STREET PHILADELPHIA PA 19107 CATERING 583682 THE MARRIOTT HOTEL SERVICES INC 21 N JUNIPER STREET PHILADELPHIA PA 19107 EVENT VENUE 579768 18 836847 1728654 2565501 REGISTRATIONS 900099 5527267 5527267 PUBLICATIONS 513120 2187709 2187709 SOCIETY SERVICES 561000 1531399 23153 1508246 MEMBERSHIP DUES 900099 796845 796845 10043220 324676 324676 7820386 7973653 -153267 -153267 -153267 MISCELLANEOUS 900099 3279 3279 3279 12783409 8511821 23153 1682934 2096318 2096318 924290 924290 884334 298646 585688 3056760 2541002 515758 288775 226362 62413 273369 226669 46700 273293 199619 73674 297312 297312 23399 15001 8398 713754 713754 185811 185811 48129 48129 1128982 639473 482559 6950 160394 112908 47486 330643 257240 37646 35757 804368 603794 194204 6370 251940 211171 40769 2627003 2520082 106921 485 485 123403 90224 33179 127376 93129 34247 DUES AND LICENSES 31651 25322 6329 STAFF DEVELOPMENT 31570 31570 DISPOSAL OF FIXED ASSET 17436 17436 OTHER FEES 13901 9864 4037 14714696 11574237 3091382 49077 1271532 1295772 63088 825432 1461594 1370482 583923 572842 690643 347641 212995 343002 18588026 13270535 519765 0 1063529 1949660 23764452 19627725 469482 1088607 1428816 581241 1577943 2059400 3476241 3729248 X 20162656 15745275 125555 153202 20288211 15898477 23764452 19627725 -1931287 -2458447 0 X 0 1 X 1 1 1 X 2427575 1764802 250576 2049903 2565501 9058357 10330309 12744065 4095355 4180483 8511821 39862033 3708608 3251700 1563746 1258542 1508246 11290842 16466492 17760567 5909677 7488928 12585568 60211232 44708 1000 45708 1112637 857978 1076183 527049 570650 4144497 1112637 857978 1076183 571757 571650 4190205 56021027 763287 297824 157851 227225 324676 1770863 27370 15461 8025 15743 14789 81388 790657 313285 165876 242968 339465 1852251 78106 57266 44607 1289 3279 184547 17335255 18131118 6120160 7733185 12928312 62248030 0.90000 0.87060 0.02980 0.04960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7508 309951 317459 14397237 14714696 885735 221434 0 0 1000000 588673 552264 885735 3026672 4540008 294772 264395 302255 317459 1178881 250000 147168 138066 221434 756668 1135002 14037 12590 7508 34135 690643 347641 343002 343002 INVESTMENTS HELD TO FUND DEFERRED COMPENSATION 490563 DEPOSITS 13325 EMPLOYEE ADVANCES 688 RIGHT OF USE ASSET - LEASE 1445084 1949660 DEFERRED COMPENSATION 490563 TENANT DEPOSITS 602 LEASE LIABILITY 1568235 2059400 X 10259397 -2458447 -2458447 12717844 48129 17436 65565 12783409 14649131 0 14649131 48129 17436 65565 14714696 PART X, LINE 2: THE FEDERATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 AND 2021, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DISPOSAL OF FIXED ASSETS 17,436. PART XII, LINE 4B - OTHER ADJUSTMENTS: DISPOSAL OF FIXED ASSETS 17,436. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 98369 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 569357 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 29544 NORTH AMERICA 0 0 GRANTMAKING 120525 SOUTH AMERICA 0 0 GRANTMAKING 8460 SOUTH ASIA 0 0 GRANTMAKING 3056 0 0 0 0 0 0 829311 0 829311 TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS EAST ASIA AND THE PACIFIC 104 102843 CHECK AWARDS, HONORARIA & STIPENDS EAST ASIA AND THE PACIFIC 4 43500 CHECK TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS EUROPE (INCLUDING ICELAND & GREENLAND) 646 599182 CHECK AWARDS, HONORARIA & STIPENDS EUROPE (INCLUDING ICELAND & GREENLAND) 1 10000 CHECK TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS MIDDLE EAST AND NORTH AFRICA 28 29794 CHECK TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS NORTH AMERICA 145 126266 CHECK TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS SOUTH AMERICA 12 9649 CHECK TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS SOUTH ASIA 4 3056 CHECK 0 0 0 0 0 0 PART I, LINE 2: AMOUNTS PAID ARE APPROVED BY THE RESPECTIVE DEPARTMENT HEADS IN CONFORMITY WITH FASEB'S NORMAL CASH DISBURSEMENT POLICIES AND PROCEDURES. PART I, LINE 3: FASEB REPORTED THE EXPENDITURES BASED ON THE ACCOUNTING METHOD USED IN ITS AUDITED FINANCIAL STATEMENTS WHICH IS ACCRUAL BASIS. PART III ACCOUNTING METHOD: 1 TRAVEL AWARDS & SPEAKER FEES 2350 1916901 AWARDS, HONORARIA & STIPENDS 9 179417 PART I, LINE 2: AMOUNTS PAID FOR CONTRIBUTIONS AND SIMILAR SUPPORT TO VARIOUS ORGANIZATIONS ARE APPROVED BY THE RESPECTIVE DEPARTMENT HEADS IN CONFORMITY WITH FASEB'S NORMAL CASH DISBURSEMENT POLICIES AND PROCEDURES. X 0 1 X X X X 0 0 0 0 0 0 0 0 0 FRANK J KRAUSE EXECUTIVE DIRECTOR/CEO, SECRETARY 488662 0 0 0 24112 0 30500 0 42414 0 585688 0 0 0 JENNIFER L ZEITZER DIRECTOR OF PUBLIC AFFAIRS 257242 0 0 0 1237 0 25384 0 14783 0 298646 0 0 0 YVETTE SEGER DIR OF SCIENCE POL./DEPUTY DIR. OF OPA 215169 0 0 0 1074 0 21554 0 17287 0 255084 0 0 0 ANDREA BAUERFEIND DIRECTOR OF OSMC 161478 0 4257 0 565 0 17363 0 39331 0 222994 0 0 0 SUSAN SCHIAFFINO DIRECTOR OF HR 162134 0 0 0 6584 0 16068 0 11593 0 196379 0 0 0 DARLA P HENDERSON DIRECTOR OF OSRI & PUBLICATIONS 147420 0 0 0 1155 0 15617 0 26728 0 190920 0 0 0 GLORIA PATNELLI SENIOR PAYROLL MANAGER 128269 0 0 0 2643 0 12795 0 12667 0 156374 0 0 0 PART I, LINE 1A THE ORGANIZATION MAINTAINS A WRITTEN POLICY THAT PROHIBITS FIRST CLASS TRAVEL, BUT HAS MADE AN EXCEPTION IN CASES WHERE IT IS THE ONLY FLIGHT AVAILABLE. FORM 990, PART VI, SECTION A, LINE 1A FASEB HAS AN EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT, PRESIDENT-ELECT, IMMEDIATE PAST PRESIDENT, TREASURER, VICE PRESIDENT FOR SCIENCE POLICY, AND SECRETARY. ADDITIONALLY, THE EXECUTIVE DIRECTOR IS A NON-VOTING MEMBER. THE EXECUTIVE COMMITTEE EXERCISES MANAGEMENT AUTHORITY OF THE BOARD OF DIRECTORS IN BETWEEN BOARD MEETINGS. THE EXECUTIVE COMMITTEE REPORTS TO THE BOARD OF DIRECTORS ON ITS ACTIONS. FORM 990, PART VI, SECTION A, LINE 3 FASEB OUTSOURCES THE ACCOUNTING AND CFO FUNCTIONS TO MARCUM LLP. FORM 990, PART VI, SECTION A, LINE 6 FASEB'S 26 MEMBER SOCIETIES ARE EACH 501(C)(3) OR 501(C)(6) PROFESSIONAL ASSOCIATIONS. SOCIETIES IN THE FIELD OF BIOLOGICAL SCIENCE MAY APPLY FOR MEMBERSHIP, AND MAY BE ADMITTED BY A THREE-FOURTHS MAJORITY VOTE OF ALL THE DIRECTORS OF THE FASEB BOARD. FORM 990, PART VI, SECTION A, LINE 7A EACH FASEB MEMBER SOCIETY APPOINTS ONE DIRECTOR TO REPRESENT THEIR SOCIETY ON THE FASEB BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE ONLY DECISION OF THE GOVERNING BODY THAT IS SUBJECT TO APPROVAL BY THE MEMBERS IS IF THE BOARD VOTES TO DISSOLVE FASEB. FORM 990, PART VI, SECTION B, LINE 11B THE FASEB 990 IS POSTED ON AN INTERNAL WEBSITE AND THE FASEB EXECUTIVE COMMITTEE AND BOARD MEMBERS ARE INFORMED THAT THE 990 IS AVAILABLE FOR REVIEW PRIOR TO SUBMISSION OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE PROVIDED THE CONFLICT OF INTEREST POLICY ANNUALLY. THEY MUST SIGN AND DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST. NEW BOARD MEMBERS ARE MADE AWARE OF THE CONFLICT OF INTEREST POLICY DURING AN ORIENTATION CONFERENCE CALL. INSTANCES OF POTENTIAL CONFLICT ARE DISCLOSED, DISCUSSED, AND RECORDED. FORM 990, PART VI, SECTION B, LINE 15 TO DETERMINE THE COMPENSATION OF THE FASEB EXECUTIVE DIRECTOR AND OTHER EMPLOYEES, FASEB USES THE COMPARABLE COMPENSATION DATA AND PRESENTS THE SALARY SURVEY TO THE PRESIDENT, PRESIDENT-ELECT AND FORMER PRESIDENT OR SUPERVISOR OF THE EMPLOYEE. THE COMPENSATION OF THE FASEB EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE FASEB EXECUTIVE COMMITTEE OF THE BOARD. FASEB DOCUMENTS THE COMPENSATION DETAIL THAT WAS APPROVED AND WHO APPROVED THE NEW COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 FASEB'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.