2025-05-12T14:06:23-07:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2023-07-01 952706905 AMERICAN ASSOCIATION OF CRITICAL-CARE NURSES AMER 9493622000 27071 Aliso Creek Road Aliso Viejo CA 926563399 JAKKI FARR CHIEF FINANCIAL OFFICER 9493622000 2025-05-13 1 1 ROBERT WILLIAMS P01345960 5712279500 2025-05-12 2023 2025-03-06 01:10:19Z Dana Woods 27071 Aliso Creek Road Aliso Viejo CA 926563399 67299759 0 X www.aacn.org X 1972 CA AACN is dedicated to creating a healthcare system driven by the needs of patients and families where acute and critical care nurses make their optimal contribution. 13 13 221 2600 354660 -178067 827168 792963 28974527 28687841 4439086 6344392 1507141 1616288 35747922 37441484 687313 652179 0 0 29958575 32722618 0 0 21559 11577373 12287734 42223261 45662531 -6475339 -8221047 129750072 126504199 36047161 37574017 93702911 88930182 Patients and their families rely on nurses at the most vulnerable times of their lives. Acute and critical care nurses rely on AACN for expert knowledge and the influence to fulfill their promise to patients and their families. AACN drives excellence in acute and critical care for nurses, patients and families. 0 0 8383799 17850 6527136 The National Teaching Institute and Critical Care Exposition (NTI) is a 4-day in-person conference expected to attract over 7,000 critical-care and advance practice nurses. The in-person conference is followed by a virtual option. More than 200 educational sessions were offered on the most current techniques and equipment available to improve patient care and patient outcomes (7,000 nurses). The conference scheduled for May 2024 had 5,378 live attendees, and was augmented by 2,122 nurses attending the virtual conference. 9799969 323858 10669789 At year end, the association had over 133,800 nurse members who are eligible for research grants as well as educational scholarships. In addition, the association provides members with journals, newsletters, practice alerts, protocols for best practices and unlimited continuing education credits covering a wide range of topics pertinent to caring for acute and critically ill patients (133,800 nurse members). 10410070 0 11247622 The association sponsors various volunteer work group meetings to determine the educational requirements of critical-care nurses. Continuing education (CE) opportunities are provided to meet this need via educational articles and online webinars. These CE products are provided free of charge to our membership. Other educational items are available for purchase in our online bookstore which include AACN published books. In addition, AACN has developed a number of self-paced e-learning training programs including orientation courses for nurses transitioning into an ICU setting (ECCO) and for new nurse managers (FSNM). Other self-paced courses include an ECG basics, preceptor, and pharmacology courses. (over 101,000 unique learners received CE credits on our website CE Activities pages, and we provided over 2.3 million contact hours during the year.) 7135258 0 827655 Practice Excellence: Using feedback from members, volunteers, constituents and outside leaders, research is funded through grants in areas such as palliative and end-of-life care, pain management, advance directives, and healthy work environments. Also includes the CSI Academy, a regional 12 to 16-month nursing excellence and training program designed to leverage staff nurses' expertise to enhance patient care and decrease hospital expenses. Lastly, includes the Beacon Award for Excellence which recognizes individual hospital units that distinguish themselves by improving every facet of patient care. The Beacon Award's three levels of designation recognize significant milestones along a unit's journey. For patients and families, the Beacon Award signifies exceptional care through improved outcomes and greater overall satisfaction. For nurses, a Beacon Award signals a positive and supportive work environment with greater collaboration between colleagues and leaders, higher morale and lower turnover. 1354460 310471 1183659 AACN has 196 organized Chapters that hold local community meetings and workshops and sponsor regional educational seminars to help critical-care nurses keep current with the latest trends and technologies. (Estimated 20,000 chapter members). 8489718 310471 2011314 37083556 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 212 0 221 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 CA X Jakki Farr 9493622000 27071 Aliso Creek Road Aliso Viejo CA 926563399 Dana Woods Exec Director/CEO 40 15 X 673078 0 78099 Tracey Van Dell Chief Integration Officer 40 5 X 355416 0 76017 Marye Barden Chief Clinical Officer 40 0 X 327265 0 33126 Miguel Villela IT Director 40 0 X 338835 0 19235 Jakki Farr Chief Financial Officer 40 10 X 313229 0 38547 Kelli Lockhart Senior Director 40 5 X 314038 0 35870 Soheil Farajian Senior Director 40 0 X 256004 0 37699 Michael Wulf Controller 40 0 X 233506 0 28961 Devin Ibrahimi Practice Excellence Director 40 0 X 204380 0 54379 Juan Sanchez IT Operations Manager 40 0 X 208712 0 45956 Patty Uy Business Strategy & Development Director 40 0 X 206939 0 13781 Theresa Davis President 20 0 X X 10869 0 0 Jennifer Adamski President-Elect 8 0 X X 7011 0 0 Jarrod Atkinson Board Member 4 0 X 3250 0 0 Kirsten Skillings Secretary 6 0 X X 0 0 0 Nicole Fontenot Treasurer 6 0 X X 0 0 0 Tonka Williams Board Member 4 2 X 0 0 0 Tiffany Mullen Board Member 4 0 X 0 0 0 Janet Mulroy Board Member 4 0 X 0 0 0 Joseph Falise Board Member 4 2 X 0 0 0 Veronica Gurule Board Member 4 0 X 0 0 0 Desiree Hodges Board Member 4 0 X 0 0 0 Sara Knippa Board Member 4 0 X 0 0 0 Lynn Orser Board Member 4 0 X 0 0 0 3452532 0 461670 105 0 1 0 Quad Graphics Inc N61 W23044 Harrys Way Sussex WI 53089 Journal printing and fulfillment 1112545 Freeman Decorating Company PO Box 650519 Dallas TX 752650519 Conference set-up and audio visual support 801741 Pennsylvania Convention Center Authority 1101 Arch Street Philadelphia PA 19107 Conference facility and support 614753 Merrill Lynch 7825 Fay Avenue Suite 300 La Jolla CA 92037 Investment advisors 583822 Marriott Hotel Services Inc 1201 Market Street Philadelphia PA 19107 Hotel and conference center 397712 27 0 0 63808 0 0 729155 0 792963 Membership Dues 813920 9493240 9493240 0 0 Continuing Education Programs 611710 9479603 9479603 0 0 Education Conferences 611710 6527136 6475813 0 51323 Chapter Activites 611710 1183659 1183659 0 0 Education Publications 513120 1176548 645321 531227 0 827655 827655 0 0 28687841 1765774 0 0 1765774 0 0 0 0 965629 901859 0 63770 939484 0 1294734 0 -355250 0 -355250 0 -170236 -185014 32678066 0 28099448 0 4578618 0 4578618 0 0 4578618 37586 63808 3069 34517 0 34517 0 0 0 0 0 0 1347447 461024 886423 866160 -6331 26594 84969 0 0 84969 84969 37441484 29873310 354660 6420551 254211 254211 397968 397968 0 0 0 0 2755041 0 2755041 0 0 0 0 0 23412744 12476412 10919571 16761 1464402 789317 674025 1060 3287811 1671169 1614397 2245 1802620 870813 930637 1170 0 0 0 0 12012 0 12012 0 66926 0 66926 0 0 0 0 0 0 0 583822 0 583822 0 2442904 715214 1727690 0 1092077 1092077 0 0 1701266 422020 1279246 0 1062751 0 1062751 0 501958 501958 0 0 487415 235919 251180 316 1518942 681158 837777 7 0 0 0 0 5963355 5963355 0 0 613154 0 613154 0 -8431953 -2174141 -6257812 0 1760282 185359 1574923 0 215365 0 215365 0 Printing and publications 1742478 1646397 96081 0 Postage and shipping expenses 884066 860591 23475 0 Indirect cost allocation 0 10493759 -10493759 0 Tax expense 70914 0 70914 0 0 0 0 0 45662531 37083556 8557416 21559 4786798 4612186 5463632 5090031 0 0 1401062 1828899 0 0 0 0 0 0 254799 246195 1651088 1829283 52777981 14068720 40672281 38709261 75520412 74188344 0 0 0 0 0 0 0 0 129750072 126504199 7665374 8675060 0 0 9722375 10871232 0 0 0 0 0 0 18659412 18027725 0 0 0 0 36047161 37574017 X 89977577 84830737 3725334 4099445 93702911 88930182 129750072 126504199 -8221047 3448318 0 0 0 0 X 0 1 X 1 0 X 186773 4160690 963937 827168 792963 6931531 22289657 24795939 28991459 29942149 30264174 136283378 39893 17343 25004 76247 37586 196073 0 0 0 0 0 0 0 0 0 0 0 0 22516323 28973972 29980400 30845564 31094723 143410982 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 143410982 2641936 1646677 1661777 2164719 2318827 10433936 122485 184337 43105 0 0 349927 2764421 1831014 1704882 2164719 2318827 10783863 0 0 0 0 0 0 4372866 37641 64284 125203 84969 4684963 29653610 30842627 31749566 33135486 33498519 158879808 0.90264 0.89903 0.06787 0.07157 X Schedule A, Part III, Line 12 Most of the miscellaneous revenue is related to write-off of unused and likely to never be redeemed gift certificates and credits for credit card points redemptions. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 1 9120 0 0 0 0 9120 0 Schedule C, Part II-B, Line 1 During this period, approximately 120 hours of paid staff time was spent writing and reviewing letters in support of or in opposition of legislation and/or endorsing other organizations' requests for support of legislation. Houses of Congress and federal agencies contacted include the House, Senate and Department of Health & Human Services. Specific issues in which AACN engaged in lobbying activities that consisted of Capitol Hill visits, sending letters to members of Congress and federal agencies include: (1)AACN signed on to a Nursing Community Coalition letter to United States Senator Jeff Merkley and a bipartisan group of 11 cosponsors thanking them for introducing the Nurse Corps Parity Act (S.1446);(2)AACN signed on to a Nursing Community Coalition letter to Representatives Underwood and Booker thanking them for introducing the Black Maternal Health Momnibus Act (H.R. 3305/S. 1606);(3)AACN signed on to a Nursing Community Coalition (NCC) letter to the House Veterans' Affairs Subcommittee on Health's hearing on, "VA's Federal Supremacy Initiative: Putting Veterans First?" The NCC urged support for removing barriers to practice and allowing for Certified Registered Nurse Anesthetists (CRNAs) to practice to the full extent of their education and abilities within the VA;(4)AACN signed onto a Nursing Community Coalition letter thanking Senate Nursing Caucus Co-Chairs for introducing the Improving Care and Access to Nurses (I CAN) Act (S.2418);(5)AACN signed on to a Nursing Community Coalition letter to members of the United States House of Representatives thanking them for introducing the bipartisan Nurse Corps Tax Parity Act of 2023 (H.R.5080);(6)AACN signed on to a Nursing Community Coalition letter to new Chief Officer Jennifer Moon welcoming her at the U.S. Public Health Service Commissioned Corps;(7)AACN signed on to a Nursing Community Coalition letter to the leaders of the House and Senate requesting at least $302.472 million for Title VIII Nursing Workforce Development Programs and at least $197.693 million for the National Institute of Nursing Research (NINR) in Fiscal Year 2024;(8)AACN signed on to a Nursing Community Coalition letter to the Director of the National Institutes of Health welcoming her as the 17th Director and outlining our commitment in elevating nursing research and the work of our nurse scientists;(9)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Dr. Pamela Kohler to the Secretary Advisory Committee on Human Research Protections (SACHRP);(10)AACN signed on to a Nursing Community Coalition letter to Congressional Leadership as well as to House and Senate Appropriations Committees requesting at least $304.472 million for Title VIII Nursing Workforce Development programs and at least $197.693 million for the National Institute of Nursing Research (NINR) in Fiscal Year 2024;(11)AACN signed on to a Nursing Community Coalition letter outlining opposition to H.R.3347/S.2070, the Protect Lifesaving Anesthesia Care for Veterans Act of 2023;(12)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Susan Hoffstetter, PhD., WHNP-BC, FAANP for appointment to the United States Preventive Services Task Force (USPSTF);(13)AACN signed on to a Nursing Community Coalition thank you letter to Senator Durbin and Congresswoman Bonamici for introducing the Nurse Faculty Shortage Reduction Act (S.2815/H.R.7002);(14)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Dr. Komkwuan Paruchabutr for the United States Preventive Services Task Force(15)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Dr. Elizabeth Gatewood and Dr. Carrie Hintz for the nomination to the National Advisory Council on Nurse Education and Practice (NACNEP);(16)AACN signed to an American Nurses Association letter to the Assistant Secretary of Labor for Occupational Safety and Health urging prompt release of a Workplace Violence Prevention for Health Care and Social Assistance Standard;(17)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Dr. Eileen Fry-Bower to the National Advisory Council on Nurse Education and Practice (NACNEP);(18)AACN signed on to a Nursing Community Coalition letter to the Senate Nursing Caucus Co-Chair and the House Nursing Caucus Co-Chair thanking them for reintroducing the Future Advancement of Academic Nursing (FAAN) Act (H.R. 7266/S. 3770);(19)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Dr. Debra Hampton to the National Advisory Council on Nurse Education and Practice (NACNEP);(20)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Dr. J. Michael Leger to the Advisory Council for Healthcare Research and Quality (AHRQ);(21)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Dr. Debra Barksdale to the National Advisory Council on Nurse Education and Practice (NACNEP);(22)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Dr. Heather Tubbs Cooley to the Advisory Council for Healthcare Research and Quality (AHRQ);(23)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Dr. Deonni Stolldorf to the Advisory Council for Healthcare Research and Quality (AHRQ);(24)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Dr. Astrid Oviedo to the National Advisory Council on Nurse Education and Practice (NACNEP);(25)AACN signed on to a Nursing Community Coalition letter to the House and Senate Appropriates Subcommittee on Labor, Health and Human Services, Education, and related agencies outlining the funding request of at least $530 million for Title VIII Nursing Workforce Development Programs and at least $210 million for the National Institute of Nursing Research for Fiscal Year 2025;(26)AACN signed on to an American College of Emergency Physicians letter to the Chair and Ranking Member of the Senate Health, Education, Labor, and Pensions Committee thanking them for their critical effort to reauthorize the Dr. Lorna Breen Health Care Provider Protection Act;(27)AACN signed on to a Nursing Community Coalition letter urging Congress to take action on top appropriations and legislative priorities that impact nursing education, workforce, and research;(28)AACN signed on to an American College of Emergency Physicians letter thanking House and Senate leaders for their critical effort to reauthorize the Dr. Lorna Breen Health Care Provider Protection Act (H.R. 7153/S. 3679) and ensure that the vital programs it established continue to be available to the health care workforce;(29)AACN signed on to a Nursing Community Coalition Dear Senate Colleague letter requesting $530 million for Title VIII Nursing Workforce Development Programs in Fiscal Year 2025;(30)AACN signed on to a nomination letter from the American Association of Colleges of Nursing nominating Dr. Gay Landstrom to the National Advisory Council on Nurse Education and Practice (NACNEP);(31)AACN signed on to a Nursing Community Coalition letter thanking the leadership of the House and Senate Nursing Caucuses, along with 27 bipartisan members in the House and Senate, for introducing S.Res.676 and H.Res.1208 - a resolution supporting the goals and ideals of National Nurses Week. AACN members and chapters at times may, of their own accord, seek input from AACN staff about specific federal, state or local legislation. AACN staff direct them to contact the appropriate governmental entity for information about the legislation. AACN does not support or oppose any candidate for elective office, nor does it participate in any political campaign on behalf of any client for elective office. AACN members are advised to participate in political campaign activity as individuals on their own time and not as representatives of AACN or its local chapters. 3648267 23367 467708 111880 0 0 4027462 3468190 21121 347166 188210 0 0 3648267 4080634 26659 -459888 179215 0 0 3468190 3470090 17316 701305 108077 0 0 4080634 3301368 40503 159787 31568 0 0 3470090 0 0.68 0.32 0 0 0 12230622 12230622 0 19523945 2781646 16742299 0 11685287 3208761 8476526 0 4089771 3096282 993489 0 5248356 4982031 266325 38709261 0 0 X 40613620 3448318 0 0 0 3448318 37165302 583822 -307640 276182 37441484 45401826 0 0 0 1755758 1755758 43646068 583822 1432641 2016463 45662531 Schedule D, Part V, Line 4 The AACN Scholarship Endowment was established in 2001 with a goal of the endowment to reach a maturity level of $2 million and become a self-sustaining funding source. The fund reached its goal during FY2011, and the Board approved a spending policy to begin using the endowment to fund scholarships the following year. The AACN scholarship program is designed to help members enrich their careers and acquire knowledge and skills beyond traditional academic nursing education. The scholarship program also continues to award some limited scholarships for specific academic courses. Scholarship applicants must assess gaps in their knowledge and skills, identify and evaluate learning opportunities, and develop a plan to show how an AACN scholarship will help them achieve their professional learning goals. Schedule D, Part X, Line 2 The Association follows the accounting standard regarding the recognition and measurement of uncertain tax positions. The Association evaluated its tax positions and determined that its positions are more likely than not to be sustained on examination. The Association's tax returns are subject to review and examination by the federal and state authorities. Schedule D, Part XI, Line 4b (1) Cost of goods sold shown as an offset against revenue on the tax return ($461,024), (2) Special fundraising costs shown as an offset against revenue on the tax return ($3,069) and (3) Property Holdings building rental costs are shown as an offset against revenue on the tax return ($1,294,734). These are offset by Chapter revenues not part of audit ($1,380,674) and book/audit revenue/expense classification differences ($70,513). Schedule D, Part XII, Line 2d (1) Cost of goods sold shown as an offset against revenue on the tax return ($461,024), and (2) Property Holdings building rental costs are shown as an offset against revenue on the tax return ($1,294,734). Schedule D, Part XII, Line 4b (1) Chapter expenses included in the tax return but not part of the audited financial statements net of special fundraising costs ($1,362,128) ,(2) book/audit revenue/expense classification differences ($70,513). Chapter Events 101394 63808 37586 0 0 0 3069 0 0 0 0 101394 63808 37586 0 0 0 3069 0 0 3069 34517 1 The Pennsylvania State University 308 Old Main University Park PA 16802 246000376 501c3 49999 0 Book Examining the Impact of Intensive Care Unit Diary Programs on Critical-Care Nurses Case Western Reserve University 10900 Euclid Avenue Cleveland OH 44106 341018992 501c3 49999 0 Book Using Music Therapy to Support Family Members with Complex Decisions in the Intensive Care Unit University of Massachusetts 100 Morrisey Boulevard Boston MA 02125 043167352 501c3 49802 0 Book Gamified Learning for Pressure Injury Prevention: A Randomized Controlled Trial to Enhance Knowledge, Skills, and Attitudes Among Nurses. Foundation of the National Student Nurse Association 45 Main Street Suite 606 Brooklyn NY 11201 133123125 501c3 27500 0 Book Funding for ten nursing student scholarships administered through Foundation of the NSNA Childrens Hospital Corporation Boston Childrens Hospital 300 Longwood Avenue Boston MA 02115 042774441 501c3 9991 0 Book Identifying Risk Factors for Anastomotic Leak for Pediatric Patients Status Post Esophageal Repair 5 0 Chapter Awarded Scholarships 207 310471 0 Book Individual scholarships provided by AACN Chapters Continuing Professional Education Scholarships 33 84880 17850 Book Provided some scholarship recipients with free registration to the annual conference (NTI) in addition to their cash scholarship. Excellence awards 27 68261 0 Book Schedule I, Part I, Line 2 The organization keeps files of all past, active and completed grants. Part of the grant agreement is to submit progress reports throughout the award period. These annual reports typically include a budget progress report showing how the funds have been spent. If there are funds remaining at the end of the project, those funds are expected to be returned to AACN. In the current fiscal year, no grant funds were returned by past recipients. X 1 1 X X X X 1 0 0 0 0 0 0 0 0 Dana Woods Exec Director/CEO 592891 0 80187 0 0 0 60600 0 28196 0 761874 0 0 0 Tracey Van Dell Chief Integration Officer 340590 0 14826 0 0 0 26553 0 52959 0 434928 0 0 0 Miguel Villela IT Director 147315 0 0 0 191521 0 11086 0 10032 0 359954 0 0 0 Marye Barden Chief Clinical Officer 251357 0 19542 0 56366 0 18611 0 18015 0 363891 0 0 0 Kelli Lockhart Senior Director 280616 0 33422 0 0 0 20972 0 18659 0 353669 0 0 0 Jakki Farr Chief Financial Officer 271292 0 41937 0 0 0 9638 0 32177 0 355044 0 0 0 Soheil Farajian Senior Director 254504 0 1500 0 0 0 774 0 39053 0 295831 0 0 0 Michael Wulf Controller 232006 0 1500 0 0 0 16738 0 14296 0 264540 0 0 0 Juan Sanchez IT Operations Manager 207212 0 1500 0 0 0 16115 0 31753 0 256580 0 0 0 Patty Uy Business Strategy & Development Director 205439 0 1500 0 0 0 13781 0 1880 0 222600 0 0 0 Devin Ibrahimi Practice Excellence Director 202880 0 1500 0 0 0 16217 0 40168 0 260765 0 0 0 Schedule J, Part I, Line 1a The volunteer President and President-elect receive a travel and clothing allowance to defray the personal cost for speaking engagements on behalf of the Association. The allowance is for purchases up to $6,000 and is grossed up 50% to ensure the volunteer is not impacted financially by the clothing compensation. Schedule J, Part I, Line 4 Miguel Villela received $136,278 in severance compensation. Form 990, Part VI, Section A, Line 6 American Association of Critical-Care Nurses (AACN) is a membership organization with over 133,800 members throughout the country. The AACN bylaws state that "any person who is interested in any aspect of critical-care nursing and who subscribes to the mission of AACN, agrees to abide by its charter and Bylaws, and meets such other criteria for membership as may be established by these Bylaws or by the Board of Directors, shall be eligible for membership." Form 990, Part VI, Section A, Line 7a Nominations to the AACN Board of Directors are accepted from the full membership. Nominated candidates are vetted by the AACN Nominating Committee (comprised of appointed and elected members) who determines the slate of candidates for the ballot. The ballot is presented to the full membership for an online election. We must have a minimum 3% of the eligible voters cast a ballot for the election to close. There is no approval by the Board as the AACN directors are elected by the membership. The number of open positions varies each year as the 3-year terms are staggered to ensure continuity on the Board. Form 990, Part VI, Section A, Line 7b The Bylaws of the Association may be amended by a majority of the Active, International, Emeritus and Lifetime members. In addition, the Association may merge with other national, state, or local organizations only upon a majority approval by the total eligible voting membership. Form 990, Part VI, Section B, Line 11b The completed form 990 and related schedules were disseminated to the Audit Committee for review in advance of a conference call for the purpose to review and approve the return. All Audit Committee members, along with the Chief Financial Officer and/or Controller, were on the conference call and all questions or concerns raised by the committee members were resolved to ensure unanimous approval of the return. The Audit Committee then reports any findings to the full Board of Directors and the completed return is disseminated to all members of the Board. Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy is reviewed annually at the Fall Board meeting as this is the orientation meeting for newly elected Directors. Each Director is required annually to complete a Conflicts of Interest Statement that lists any potential conflicts. The procedure flowed includes the following steps: 1. The first step in understanding and managing potential conflicts is for the Board to annually review the Conflict of Interest Policy and for each board member to complete a conflict of interest statement declaring any real or potential conflicts. It is recommended that any declared conflicts be shared with the full board so there is transparency and shared understanding. The board can then discuss any issues or concerns. 2. Secondly, each board member has an ongoing accountability to declare potential conflicts that may emerge during the course of the year for the board's review. Board members are also responsible for inquiring with one another if they think another board member may have a conflict that has yet to be recognized. Board members are requested to contact the board leadership to begin these conversations. 3. During board discussions (face-to-face, conference call and e-mail) an opportunity is provided for potential conflicts to be surfaced and discussed. To facilitate this work, a standard question is included at the time the meeting agenda is approved to ask if any board members have identified a potential conflict related to anything on the agenda that should be discussed. A similar question can be included for any business being managed via email. 4. If a conflict is surfaced, the board has several options as to how to manage the conflict including but not limited to the following: (1) Restrict the board member's access to information such as board meeting materials on the relevant topic (e.g. PE candidates do not receive the documents used by the board for the PE evaluation and selection) (2) Exclude the board member from a committee or work group dealing with a specific topic (3) Withdraw from discussing or voting on a particular item of business at the board meeting; (4) Have certain tasks or duties reassigned to another person (e.g. PE candidates who serve as Board Learning Partners are excused from those duties as it relates to the PE selection process and meeting; instead another board member is assigned as a resource to the new board member); (5) Relinquish the interest that creates the conflict (e.g. resign a position on a committee for another nursing organization if the work competes with the work of AACN or the AACN Certification Corporation). In addition, all employees agree to Conflict of Interest and Work Ethics statements contained in the Employee Handbook. Form 990, Part VI, Section B, Line 15 The process of reviewing and setting CEO compensation is the responsibility of the AACN CEO Compensation and Evaluation Committee. This committee is comprised of the President and President-elect, with the Immediate Past President serving as an ad-hoc member (note that all of these are volunteer, non-compensated positions). The current Treasurer and Secretary of the Board join and serve on the committee whenever decisions related to CEO compensation are required (these too are volunteer, non-compensated positions). The Committee performs an annual performance evaluation and a review of comparable compensation data. The Human Resources leader provides consultation to the committee related to CEO compensation benchmarking surveys. An independent consulting firm was engaged to review and opine on the CEO compensation. The last CEO compensation review and adjustment occurred in January 2024. The CEO is accountable for compensation levels for all other positions. Each team member receives an annual review and compensation adjustment at the beginning of the calendar year. Salary adjustments are aligned with the annual budget and are allocated based on benchmark salary data and the performance evaluation of each team member. The last salary adjustment occurred in January, 2024. Form 990, Part VI, Section C, Line 19 AACN does not make governing documents or conflict of interest policies available to the public. The financial statements of the organization are published to the membership within 120 days of the end of the fiscal year. The audited financial statements are posted on the AACN website and are available to the public upon request. The AACN 990 tax return is made available upon request. AACN Property Holdings LLC 27071 Aliso Creek Road Aliso Viejo CA 926563399 204045976 Property holding company - single entity LLC CA 939484 38403974 N/A AACN Certification Corporation 27071 Aliso Creek Road Aliso Viejo CA 926563399 510172756 Nurse credentialing CA 501(c)(6) AACN 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 AACN Certification Corporation e 18027725 AACN Certification Corporation guaranteed a mortgage loan on behalf of AACN related to the purchase of a commercial property for its headquarters site in 2019. AACN Certification Corporation n 1232758 Corporate overhead costs are allocated among the related entities using a step-basis methodology based on each entities usage of these shared services. Each department cost (includes customer care, finance, information technology, human resources, meetings, executive, fulfillment, facilities, business strategy and insights, and organizational effectiveness) is allocated based on estimated time spent by team members, space allocations, percentage of direct program costs, etc. Allocations are done on each department based on these estimates and charged to each separate entity on a monthly basis. AACN Certification Corporation o 2668374 Included in the allocation of overhead costs is the cost of salaries and benefits for these support departments. In these departments, salaries and benefits expenses make up 68.4% of the overall costs. Based on this percentage, the amount recorded here represents 68.4% of the $3,901,132 total general and administrative costs allocated to AACN Certification Corporation. AACN Certification Corporation p 3901132 Reimbursements from one entity to another flow through the intercompany account balances. As an example, all cash is deposited to the AACN account. Amounts from Certification create a receivable due them and a payable on AACN's records. Similarly, most expenses are paid by AACN, and when Certification related payments are made they create a receivable for AACN and a payable for Certification Corporation. Quarterly we review the intercompany account balances and transfer funds between organizations to ensure that the intercompany balances are paid. AACN Certification Corporation q 3901132 Reimbursements from one entity to another flow through the intercompany account balances. As an example, all cash is deposited to the AACN account. Amounts from Certification create a receivable due them and a payable on AACN's records. Similarly, most expenses are paid by AACN, and when Certification related payments are made they create a receivable for AACN and a payable for Certification Corporation. Quarterly we review the intercompany account balances and transfer funds between organizations to ensure that the intercompany balances are paid.