2021-10-25T08:35:20-07:00 2020-12-31 990 2020-01-01 135582579 National Assn of Chain Drug Stores Inc NATI 7035493001 1776 Wilson Blvd 200 Arlington VA 22209 David M Fitzsimmons SVP, Finance & Admin 7035493001 2021-10-25 David Fitzsimmons XXX-XX-XXXX 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Steven C AndersonCAEIOM 33053094 false X www.nacds.org X 1933 VA To advance the interests and objectives of the chain community pharmacy industry, by fostering its growth and promoting its role as a provider of healthcare services and consumer products. 25 25 76 50 15362 12926 0 39437452 30212068 2390077 2483536 265015 357490 42092544 33053094 49500 46316 0 18690836 19877214 0 0 20353644 10959470 39093980 30883000 2998564 2170094 106595035 104384631 32790284 25294478 73804751 79090153 X To advance the interests and objectives of the chain community pharmacy industry, by fostering its growth and promoting its role as a provider of healthcare services and consumer products. false false ANNUAL MEETING - 2,000+ registrants. Directors and officers are elected. Key addresses by chairman of the board, president, and guest speakers. Provides attendees information regarding business, management, merchandising, operations, etc. Provides a forum for executive-level meetings between chain drug members and supplier partners. [Note: COVID-19 caused cancellation of the meeting in 2020 - however, officers and directors were elected] CONFERENCES AND TRADE SHOWS - 5,000+ registrants. Two conferences held annually. Topics addressed include general merchandising trends, pharmacy and professional issues, health and wellness, and operational concerns of regional chain drug store retailers. Exhibit hall format with some general business sessions included. [Note: COVID-19 caused the cancellation of the main trade show in August 2020] FEDERAL AND STATE GOVERNMENT AFFAIRS PROGRAMS - Congressional relations program designed to communicate industry issues of concern to members of Congress; legislative and regulatory liaison designed to keep members informed on important legislative and regulatory developments. Similar program at the state government level. false false true true false false false false false true false false false false true false false false false false false false false false false false true false true false false false false false false false false false false false true true true false true 76 0 true 76 true true true false false false true true false true false X 25 25 true false false false true true false true true false false true true true true true true true true true true X David M Fitzsimmons 7035493001 1776 Wilson Blvd STE 200 Arlington VA 222092516 Steven C AndersonFASAECAE President & CEO 39.00 1.00 X X 2140506 0 649828 James A Whitman SVP Member Programs/Services 40.00 0.00 1126676 0 64327 Don L Bell SVP General Counsel 40.00 0.00 653283 0 71035 Kathleen D Jaeger SVP Pharmacy Care Patient Advocacy 25.00 15.00 666881 0 56099 Christopher P Krese SVP Communications 40.00 0.00 614538 0 71902 Thomas O'Donnell SVP Gov't Affairs 40.00 0.00 540279 0 63771 David M Fitzsimmons SVP Finc/Admin 38.00 2.00 X 459644 0 70660 Mary Ellen Kleiman SVP State Govt Affairs 40.00 0.00 413607 0 32557 Terrance Arth VP Member Programs 40.00 0.00 366025 0 69386 Kevin Nicholson VP Regulatory Aff 40.00 0.00 354321 0 45996 Christie Boutte SVP, State Gov't 40.00 0.00 310062 0 52801 Sandra Kay Guckian VP Policy 40.00 0.00 306641 0 45713 William Tighe VP Federal Affs 40.00 0.00 280395 0 66158 Dawn Worthington VP Human Resources 40.00 0.00 285533 0 42813 Rick Keyes Chairman 5.00 0.00 X X 0 0 0 Colleen Lindholz Treasurer 5.00 0.00 X X 0 0 0 Richard Ashworth Director 1.00 0.00 X X 0 0 0 George D Bartell Director 1.00 0.00 X 0 0 0 Randy Edeker Director 1.00 0.00 X 0 0 0 Lori Flees Director 1.00 0.00 X 0 0 0 Lynne Fruth Director 1.00 0.00 X 0 0 0 Alex Gourlay Director 1.00 0.00 X 0 0 0 Mark Griffin Director 1.00 0.00 X 0 0 0 Kirk Kaminsky Director 1.00 0.00 X 0 0 0 Jocelyn Konrad Director 1.00 0.00 X 0 0 0 Chris Lane Director 1.00 0.00 X 0 0 0 Robert Narveson Director 1.00 0.00 X 0 0 0 Brian Nightengale Director 1.00 0.00 X 0 0 0 Martin Otto Director 1.00 0.00 X 0 0 0 Craig Painter Director 1.00 0.00 X 0 0 0 Mark Panzer Director 1.00 0.00 X 0 0 0 Jim Peters Director 1.00 0.00 X 0 0 0 Mark Peterson Director 1.00 0.00 X 0 0 0 Jonathan Roberts Director 1.00 0.00 X 0 0 0 Sean Slovenski Director 1.00 0.00 X 0 0 0 Sharon Sternheim Director 1.00 0.00 X 0 0 0 Deborah Weitzman Director 1.00 0.00 X 0 0 0 Michael Wysong Director 1.00 0.00 X 0 0 0 8518391 1403046 47 false true false 1776 Wilson 2014 LLC 4601 N Fairfax Dr 1115 Arlington VA 22203 Landlord 789177 Ascent Media 600 E Eastman Ave Ste 405 Denver CO 80231 Advertising 966282 Nahigian Strategies LLC 1455 Pennsylvania Avenue NW Ste 100 Washington DC 20004 Communcations 559685 Find Freedom 118 Hamilton Ave Silver Spring MD 20901 Event Marketing 332924 Freeman PO Box 650036 Dallas TX 75265 Exhibit Hall Set-up 451777 37 0 Advertising 15362 15362 Conference/Trade Show 635620 635620 Insurance Recovery 17693151 17693151 Membership Dues 11234731 11234731 Research support 633204 633204 30212068 1868775 1868775 0 327586 327586 0 614761 614761 614761 614761 0 0 0 Miscellaneous 29904 29904 29904 33053094 12195521 15362 20842211 46316 0 0 0 8058456 0 8665868 1423617 1040487 688786 0 925206 74004 1135036 0 209014 914324 1335419 216604 571731 0 1166820 142656 0 1509770 0 0 337081 0 Printing and Publications 757974 Credit Card and Bank fees 487459 Library Subs & Mbr Dues 410946 Tax Expense- 4720 Excise 248003 517423 30883000 0 0 0 88483 1398735 7475762 17972011 0 7393116 500501 0 0 0 0 1216447 1792194 4568708 3783613 883617 785095 86409120 78628485 0 0 0 3128490 3307610 106595035 104384631 8383955 10476055 24406326 14818423 3 32790284 25294478 X 73804751 79090153 73804751 79090153 106595035 104384631 X 2170094 3115309 -1 X false true X true false 86700 86700 86700 true Annette Cleveland for State Senate 1111 Main Street Suite 400 Vancouver WA 98660 454514627 300 Anthony M Hensley 4240 SE Wisconsin Ave Topeka KS 66609 000008415 250 Assembly Democrat Caucus 2251 N Rampart Blvd 34 Las Vegas NV 89123 800520768 2000 Battle Born PAC 770 US Hwy 395 N Garderville NV 89140 465459957 2000 Berger for State Senate 2603 Heather Parkway Hutchinson KS 67502 475118650 -250 Brad Witt for State Representative PO Box 42307 Portland OR 97242 204748596 500 California Democratic Party 1830 9th Street Sacramento CA 95811 942214618 3500 Carolyn McGinn PO Box A Sedgwick KS 67135 461885500 250 Chad Mayes for Assembly 2020 92111 H Street Suite 70 Sacramento CA 95814 472393484 1000 Cheri Helt for State Representative PO Box 1992 Bend OR 97709 824196733 500 Citizens for Brad Klippert 7620 West 21st Ave Kennewick WA 99338 205221582 300 Citizens for June Robinson 616 Wetmore Ave Everett WA 98201 455346884 300 Committ to Elect Joel Kretz 1014 Torodo Creek Wauconda WA 98859 721573462 400 Committee to Eileen Cody 6714 38th Ave SW Seattle WA 98126 911646573 500 Committee to Elect Andy Billig PO Box 145 Spokane WA 99210 271127517 500 Committee to Elect Betsy Johnson PO Box R Scappoose OR 97056 931281790 500 Committee to Elect Daniel Bonham PO Box 2142 The Dalles OR 97058 823746496 500 Committee to Elect Dennis Linthicum 20990 Hwy 140 East Dairy OR 97625 811770176 500 Committee to Elect Dina Neal 7901 Cocoa Beach Cir Las Vegas NV 89128 474860402 1000 Committee to Elect Jacqulin Maycunb 1127 N Wynne St Colville WA 99114 821133084 400 Committee to Elect John Lovick 2403 157th Place SE Mill Creek WA 98012 900040477 200 Committee to Elect JT Wilcox PO Box 747 McKenna WA 98558 270758934 500 Committee to Elect Tim Sheldon PO Box G Hoodsport WA 98548 203465831 200 Comttee to Elect Nicole Cannazzaro 7901 Cocoa Beach Cir Las Vegas NV 89128 474860402 2000 Committee to Re-elect Heidi Gansert 316 California Avenue 51 Reno NV 89521 475012428 1000 Committee to Re-elect Robin Titus PO Box 683 Wellington NV 89444 471544216 2000 Concannon for Kansas 921 N MIII St Beloit KS 67420 271300663 250 Connie for Senate P O Box 129 Joyce WA 98343 844177785 300 Cottie Petrie-Norris for Assembly 1414 K Street Suite 250 Sacramento CA 95814 832681164 1000 Dean Kirby PO Box 54099 Pearl MS 39288 263548349 250 Delbert Hosemann PO Box 321286 Flowood MS 39232 208619543 500 Dr Joaquin Arambula for Assembly 1029 J Street Suite 380 Sacramento CA 95814 853783268 1000 Dr Richard Pan for Controller 2022 1017 L Street Suite 794 Sacramento CA 95814 842499066 1000 Edward E Berger for State Senate 2501 Briarwood Ln Hutchinson KS 67502 475118650 250 Elct Elaine Bowers for State Senate 1326 N 150th Road Concordia KS 66901 455528426 250 Elect Lauren Davis PO Box 9100 Seattle WA 98109 824700355 300 Elect Monica Stonier P 0 Box 61762 Vancouver WA 98666 271504430 500 Friends of Andrea Salinas PO Box 42307 Portland OR 97242 823303951 500 Friends of Ann Rivers P0 Box 957 LaCenter WA 98629 271512372 300 Friends of Ariana Kelly 4814 Broad Brook Dr Bethesda MD 20814 272621639 1000 Friends of Chris Gildon 1111 23rd Ave Ct SW Puyallup WA 98371 825179579 300 Friends of Christine Drazan PO Box 196 Canby OR 97013 824285029 500 Friends of Denyc Boles 4742 Liberty Rd S 383 Salem OR 97306 822893760 500 Friends of Dick Gottfried 80 La Salle St Apt 18F New York NY 10027 134128515 1000 Friends of Elizabeth Steiner Haywar PO Box 42307 Portland OR 97242 900821006 500 Friends of Frank Chopp 4209 Sunnyside Ave N Seattle WA 98103 320020852 300 Friends of Fred Girod 26232 Sitkum Rd Lyons OR 97358 843001107 500 Friends of Karen Keiser P O Box 13290 Des Moines WA 98198 911947669 300 Friends of Kelly Chambers 1002 N Meridian STE 100 Puyallup WA 98371 825044633 300 Friends of Ken Kerr PO Box 272 Bladenburg MD 20710 464653671 500 Friends of Laurie Jinkins PO Box 2032 Tacoma WA 98401 272214467 500 Friends of Malcolm Augustine PO Box 272 Bladenburg MD 20710 464156000 1000 Friends of Manka PO Box 2467 Redmond WA 98073 815223744 300 Friends of Marcus Riccelli PO 1325 Spokane WA 99210 455222838 500 Friends of My-Linh Thai 11900 NE 1st St 300 Bellevue WA 98005 824927031 500 Friends of Nicole Macri PO Box 9100 Seattle WA 98109 811159785 300 Friends of Patty Kuderer P O Box 1545 Bellevue WA 98009 475315866 500 Friends of Raquel Moore-Green 1557 Webster Dr SE Salem OR 97302 842497586 500 Friends of Rob Wagner PO Box 42307 Portland OR 97242 824973387 500 Friends of Roger Goodman 218 Main St PMB 763 Kirkland WA 98033 830458254 500 Friends of Ron Muzzall 316 SE Pioneer Way 116 Oak Harbor WA 98277 843507121 300 Friends of Scott Hammond 8414 W Farm Rd Ste 180 Las Vegas NV 89131 452924552 1000 Friends of Shelly Boshart Davis PO Box 183 Albany OR 97321 824595156 500 Friends of Steve OBan PO Box 65335 University Place WA 98464 271992105 500 Friends of Sutherland PO Box 1311 Monroe WA 98272 474001076 300 Friends of Teresa Alonso Leon PO Box 42307 Portland OR 97242 811386995 500 Friends of Tim Knopp PO Box 6145 Bend OR 97708 454698187 500 Friends of Tina Orwall 11J7837 1st Avenue S Normandy Park WA 98148 453602805 300 Friends of Trina Kotek PO Box 42307 Portland OR 97242 204689109 500 Friends of Vandana Slatter 11900 NE 1st Street 300 Bellevue WA 98005 461880322 300 Friends to Elect Lynda Wilson PO Box 820568 Vancouver WA 98682 464097009 200 Glazer for Senate 2020 21 C Orinda Way Suite 111 Orinda CA 94563 815009250 1000 Hayden for Oregon PO Box 459 Lowell OR 97452 464171665 500 Hob Bryan PO Box 75 Amory MS 38821 000002134 250 Hoffman for State Representative 1318 Avenue T Coldwater KS 67029 453790517 250 House Democratic Campaign Committee 4130 1st Ave Seattle WA 98134 916178946 1000 House Republican Organization Commi P 0 Box 7222 Olympia WA 98507 916177625 1000 Hoylman for Senate 55 Bethune St Apt 1109a New York NY 10014 455433601 1000 Impact Management Group PAC 124 W Capitol Ave Suite Little Rock AR 72201 710833368 5000 IN House Democratic Caucus PO Box 1671 Indianapolis IN 46206 521177393 1000 IN House Rep Campaign Committee 101 W Ohio St 2200 Indianapolis IN 46204 350242682 1000 IN Senate Democratic Caucus 115 W Washington St 1165 Indianapolis IN 46204 352115773 1000 IN Senate Majority Campaign Committ 101 W Ohio St 2200 Indianapolis IN 46204 350242682 1000 Jason White PO Box 246 West MS 39192 473815153 250 Jeff Longbine for Senate Box 1903 Emporia KS 66801 273484072 250 Jim Wood for Assembly 2020 1029 J Street Suite 380 Sacramento CA 95814 832576423 1000 Joey Hood PO Box 759 Ackerman MS 39753 832461575 250 John Carmichael 1475 N Lieunett St Wichita KS 67202 471043220 250 Kathleen Ann Moore 3209 N 131St St Kansas City KS 66109 000009578 250 Kevin Blackwell PO Box 1412 Southhaven MS 38671 000009342 250 Landwehr Campaign Fund 2611 N Bayside Court Wichita KS 67205 813078539 250 Lynn Findley for State Senate 230 N Oregon St Ontario OR 97914 824112942 500 Mainstreet Merchants for a Better N PO Box 1030 Raleigh NC 27602 454057111 2000 Marco for Senate 119 1st Ave S Suite 320 Seattle WA 98104 260696977 500 Maryland Retailers Association 171 Conduit Street Annapolis MD 21401 520575864 500 Maxine for Oregon PO Box 6536 Portland OR 97228 834049728 500 McDonald for Assembly PO Box 7208 Albany NY 12214 455212860 1000 Merchant4NHHouse 272 Pleasant St Claremont NH 03743 830853961 250 Michelle Downey Caldier for State R P 0 Box 1710 Port Orchard WA 98366 464305309 300 Monica for Kansas 1313 Mallory Court Box 55 Pittsburg KS 66762 811686036 250 People for Christine Rolfes PMB 118 19689 7th Ave NE Poulsbo WA 98370 320172015 500 People for Pedersen 815 First Ave 111 Seattle WA 98104 203979617 300 People for Joe Schmick PO Box 610 Colfax WA 99111 450582705 500 Philip Gunn PO Box 1018 Jackson MS 39215 462755095 500 Re-Elect Pat Sullivan Campaign 26513 168th Pl SE Covington WA 98042 043679431 400 Regina Ashford Barrow Campaign 6512 Vineyard Drive Baton Rouge LA 70812 474585108 500 Ron Noble for Oregon 637 SW Keck Dr 129 McMinnville OR 97128 811657415 500 Ronald W Ryckman Jr 14234 W158th Street Olathe KS 66062 000002435 250 Sam Mims 605 Lakeshore Dr McComb MS 39648 000002004 250 SC Retail PAC PO Box 1030 Raleigh NC 27602 205460565 3500 Senate Committee for Mark Schoesler 1588 E Rosenoff Rd Ritzville WA 99169 043779321 -300 Senate Committee for Mark Schoesler 1588 E Rosenoff Rd Ritzville WA 99169 043779321 500 Senate Republican Campaign Committe PO Box 11025 Olympia WA 98508 910987396 1000 Senator Mike Padden for State Senat 13021 E 9th Ave Spokane Valley WA 99216 275568154 300 Shelly for State P O Box 37 Addy WA 99101 680674661 500 Stagni Campaign Fund 1700 Taylor St Kenner LA 70062 460644381 500 Tate Reeves PO Box 24355 Jackson MS 39255 833303906 500 Tennessee Pharmacists Association 1732 Lebanon Pike Circle Nashville TN 37210 621106648 3000 Texas Federation of Drug Stores 1250 S Capital of Texas West Lake Hills TX 78746 237418664 1000 Tom Holland for Kansas Senate PO Box 165 Baldwin City KS 66006 000009017 250 Troy L Waymaster 3528 192nd Street Bunker Hill KS 67626 371691318 250 Ty Masterson Box 424 Andover KS 67002 000009941 250 Utah Food Industry Association 4286 S Main St Murray UT 84107 870188934 3000 Vicki L Schmidt for Insurance Comm 5906 SW 43rd Ct Topeka KS 66610 824355218 1000 WA Senate Democratic Campaign 4130 1st Ave Seattle WA 98134 462614068 1000 WA State Pharmacy 411 Williams Ave S Renton WA 98507 814940331 700 Wagoner for State Senate 410 Talcott Street SedroWoolley WA 98284 824730963 300 Will Carpenter for Kansas House 6965 18th El Dorado KS 67042 000009748 250 false false false 11234731 3903535 264655 4168190 4269198 Part I-A, Line 1 - Direct and Indirect Political Campaign Activities Corporate contributions made to candidates for state office, or to state political organizations.Taxpayer ID's containing x's in the list are SSN's. For security purposes, only the last 4 digits are used. 2106362 1484959 621403 1059204 898490 160714 1403142 1400164 2978 785095 X Part X : FIN48 Footnote Since the Taxpayer's consolidated audit includes its Foundation and Political Action Committee, the following is taken from the part of the footnote related to this taxpayer:Income taxes: The Association is generally exempt from income taxes on income under the provisions of Section 501(c)(6) of the Internal Revenue Code. Income from nonexempt functions is subject to unrelated business income tax. The Association had income tax expense, relating to advertising income, of $15,362 and $50,371 for the years ended December 31, 2020 and 2019, respectively. The Association follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. Under this guidance, the Association may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Management evaluated the Association's tax positions and concluded that the Association had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. true Amer Society of Assn Execs 1575 Eye St NW Washington DC 20005 530026940 6000 0 Actual Cost Support Annual Dinner Arlington Food Assistance Cen 2708 S Nelson St Arlington VA 22206 541473207 8141 0 Actual Cost Donation George Washingtons Mt Vernon PO Box 110 Mt Vernon VA 22121 540564701 15000 0 Actual Cost Support Annual Dinner US Chamber of Commerce Found 516 N Adams St Tallahassee FL 32301 260587238 10000 0 Actual Cost Support Foundation Program 3 1 Grantmaker's Description of How Grants are Used Taxpayer does not make formal grants, but may give to other 501(c) orgs as memorial contributions for industry members, or to support the annual dinners of local trade associations. X X X X true true X X X X X X true true false Christie Boutte SVP, State Gov't 237904 56250 15908 25749 27052 362863 Christopher P Krese SVP Communications 513230 106390 -5082 28500 43402 686440 David M Fitzsimmons SVP Finc/Admin 375553 67500 16591 28500 42160 530304 Dawn Worthington VP Human Resources 233769 33469 18295 25327 17486 328346 Don L Bell SVP General Counsel 634018 19265 28500 42535 724318 James A Whitman SVP Member Programs/Services 688705 352197 85774 28500 35827 1191003 Kathleen D Jaeger SVP Pharmacy Care Patient Advocacy 536035 106394 24452 28500 27599 722980 Kevin Nicholson VP Regulatory Aff 288750 39625 25946 28500 17496 400317 Mary Ellen Kleiman SVP State Govt Affairs 347769 50345 15493 28500 4057 446164 Sandra Kay Guckian VP Policy 246404 34375 25862 27240 18473 352354 Steven C AndersonFASAECAE President & CEO 1448973 600818 90715 598500 51328 2790334 Terrance Arth VP Member Programs 304077 42788 19160 28500 40886 435411 Thomas O'Donnell SVP Gov't Affairs 430087 85950 24242 28500 35271 604050 William Tighe VP Federal Affs 244832 31875 3688 25240 40918 346553 Part I, Line 1a: Relevant information in regards to selections on 1a. Additional Information for Sch J, Part I Questions:First Class travel is allowed for the CEO for longer flights (per employment contract), and is used sparingly.Companion travel is rare, and when it does occur, it is included as taxable income on the employee's W-2, unless there is a bona fide business purpose.Tax gross up is used when paying a deferred comp. payment from the Supplemental Executive Retirement Plan.Health Club dues are reimbursed up to $250 per year and are included on the employee's W-2. Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: PHARMACY OPERATIONS AND PATIENT CARE PROGRAMS - Various programs to demonstrate and communicate the value of pharmacy services in improving health outcomes and lowering overall healthcare costs. Includes working with other allied trade associations and state boards of pharmacy to address pharmacy practices and professional issues which affect chain drug store operations. Also provide online educational courses for pharmacists. OTHER PROGRAM SERVICES 5: OTHER PROGRAM SERVICES - Various other services to members including regulatory guidance on industry issues, membership directory, resource center, public relations and communications, and front-end retail technology. Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee The NACDS Executive Committee has the authority to act on behalf of the NACDS Board between board meetings. This authority is granted in the taxpayer's bylaws. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Business Relationships among the Board: In four instances, two board members represented the same member company: Walgreens- Alex Gourlay and John Standley; Rite Aid- Jim Peters and Jocelyn Konrad; Walmart- Lori Flees and Sean Slovenski, CVS Health- Larry Merlo and Jon Roberts. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Classes of Membership- Membership in The Corporation is divided into three classes: Active, Associate, and International.Active Members- Any person, firm, or corporation engaged in operating for-profit retail drug stores or other for-profit community retail pharmacies shall be eligible for Active Membership in The Corporation, including operators of four or more for-profit retail drug stores or other for-profit community retail pharmacies that are subsidiaries of, owned by, or directly or indirectly controlled by a not-for-profit organization. Associate Members- Any person, firm, corporation, or organization actively engaged in supplying goods or services to the profession of pharmacy, the drug industry, retail drug stores or other for-profit community retail pharmacies shall be eligible for Associate Membership in The Corporation. International Members- Any person, firm, corporation, or organization located in and organized under the laws of a jurisdiction outside of the United States and engaged in operating for-profit retail drug stores or other for-profit community retail pharmacies or actively engaged in supplying goods or services to the profession of pharmacy, drug industry, retail drug stores or other for-profit community retail pharmacies shall be eligible for International Membership. Form 990, Part VI, Line 11b: Form 990 Review Process A copy of the form 990 is made available to the Directors for their review prior to filing. The Directors are instructed to contact the SVP Finance if they have any questions regarding the return. After a reasonable period of time, the forms are filed if there are no further questions. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization's conflict of interest policies require officers, directors and employees to notify the taxpayer of any conflicts. In order to monitor and enforce compliance with the policy, directors are reminded of the policy at every Board meeting and Executive Committee meeting. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Form 990 Executive Compensation:Q15a. Taxpayer has a Human Resources Committee of the Board of Directors for review, discussion and approval of the CEO's salary and annual performance-based bonus award. The CEO's compensation is benchmarked annually by an independent compensation analysis firm that uses appropriate comparable data from other organizations of similar size and geographic location, including 990's of other organizations and compensation studies. The data and analysis is provided to the Committee. Records of the process and the resulting determination are kept within the Committee meeting minutes.Q15b. Taxpayer uses comparable compensation data to benchmark other officers and key employees of the organization. An independent compensation analysis firm is utilized to routinely review and compare our established, board-approved compensation program with comparable organizations of similar size and geographic region. The Human Resources Committee of the Board of Directors reviews and discusses compensation for officers and key employees. The President & CEO has the final authority on other officers and key employees compensation. Records of the process and the resulting determination are kept within the Committee meeting minutes. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The taxpayer's governing documents, conflict of interest policy, and audited financial statements are available to the general public upon request. Other Changes In Net Assets Or Fund Balances - Other Decreases rounding = -$1 Balance Sheet - Other Assets Explanation Included in Other Assets on the Balance Sheet is a $1.9 million investment in Surescripts,LLC. One aspect of Surescripts' business is transmission of electronic prescriptions. Taxpayer made an investment in Surescripts to help it initially get started. Taxpayer owns approximately 25% of Surescripts, but does not exercise significant control over Surescripts operations. The investment is shown at original cost, less a valuation allowance. Part VII, Section A, Column B - Hours for Related Organizations Kathleen Jaeger spent approximately 15 hrs per week supporting NACDS Foundation- a related organization, as President of the NACDS Foundation. David M. Fitzsimmons spent approximately 2 hrs per week on NACDS Foundation administration. Steven C. Anderson spent approximately one hour per week overseeing Foundation activities as Chairman of the NACDS Foundation. NACDS Foundation Inc 1776 Wilson Blvd Suite 200 Arlington VA 22209 510144922 501(C)(3) Supporting Organization VA 501(C)(3) Type 1 Supporting National Assn of Chain Drug Stores Inc true NACDS Political Action Committee 1776 Wilson Blvd Suite 200 Arlington VA 22209 541603961 Political Action Committee VA 527 National Assn of Chain Drug Stores Inc true false false false false false false false false false false false false false true true false true false false NACDS Foundation Inc n 32837 Cost NACDS Foundation Inc o 333735 Cost NACDS Foundation Inc q 44690 Cost Relationship with Other Orgs Taxpayer and another 501(c)(6) org. each appoint 50% of the Board of a 3rd 501(c)(6) org.- The Institute for the Advancement of Community Pharmacy, Inc. (Tax ID# 54-1924721). Though this does not qualify under the Sch. R definition of control, taxpayer and the other 501(c)(6) support this 3rd organization by reimbursing its operating expenses, and by providing staff support free of charge.