2020-05-27T06:34:22-05:00 2019-12-31 111986323 Marcum LLP 1899 L Street NW Suite 850 Washington DC 20036 990 2019-01-01 541563782 Argentum ARGE 7038941805 1650 King Street No 602 Alexandria VA 22314 Gina Mamone Chief Financial Officer 7038941805 2020-05-26 1 Frank H Smith P00639053 2022274000 2020-05-06 144.121.95.190 2020-05-26 19:12:50 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 487A913A90A0A966B3CBA68539F8DA44DDDC3DB4 2019 2021-04-22 16:20:28Z James Balda 1650 King Street No 602 Alexandria VA 22314 9776233 0 X www.argentum.org X 1991 VA Argentum is dedicated to professionally operated assisted living communities for seniors. 27 27 39 27 778560 4201 482500 300308 8702209 9197274 16460 7045 229875 235751 9431044 9740378 0 0 0 0 4686841 4786782 0 0 0 4956372 4818287 9643213 9605069 -212169 135309 3580855 4201803 2072907 2503679 1507948 1698124 X Argentum is the largest national association exclusively dedicated to professionally operated senior living communities for seniors. Its member-driven programs promote business and operational excellence through national conferences, research, publications and advocacy. Argentum works to influence public policy by advocating for informed choice, quality care and accessibility for all Americans. 0 0 Public Policy: Argentum's public policy efforts are focused on advocating and supporting meaningful laws and regulations at the state and federal levels. Senior living is regulated in all 50 states, as well as impacted by some federal agencies. Argentum educates stake holders and works collaboratively on behalf of the almost 900,000 residents living in senior living. Conference and other meetings: The Senior Living Executive Conference and Expo are designed for executives in the senior living industry. The sessions addressed current issues facing senior living executives and provided innovative ideas to help executives navigate challenges. Strategic sessions provided an opportunity to examine a broad range of topics. Sessions provided for greater peer-to-peer exchange on timely and thought-provoking topics. Publications: Geared toward the senior living executive, it provides operational excellence strategies and related research. The magazine is viewed as the premier industry publication. Argentum has conducted a reader survey to determine reader satisfaction, loyalty and pass along readership. This study was used to aggressively position the magazine as a "must-read" for all senior living executives. Education Advocacy 0 1 1 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 24 0 1 39 1 1 1 0 0 0 1 1 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X Gina Mamone 7038941805 1650 King Street No 602 Alexandria VA 22314 Timothy J Buchanan Chairman 1.25 X X 0 0 0 Randy J Richardson Vice Chairman 1.25 X X 0 0 0 Pat Mulloy Vice Chairman 1.25 X X 0 0 0 Bruce J Mackey Jr Treasurer 1.25 X X 0 0 0 Kai Hsiao Treasurer 1.25 X X 0 0 0 John Moore Secretary 1.25 X X 0 0 0 Edward R Kenny Public Policy Comm. Chair 1.25 X X 0 0 0 Scott Brinker Director 1.00 X 0 0 0 Jack Callison Director 1.00 X 0 0 0 Chris Cummings Director 1.00 X 0 0 0 John Goodey Director 1.00 X 0 0 0 Tom H Grape Director 1.00 X 0 0 0 Dan Guill Director 1.00 X 0 0 0 Stephanie Handelson Director 1.00 X 0 0 0 Sarabeth Hanson Director 1.00 X 0 0 0 Judd Harper Director 1.00 X 0 0 0 Chris Hyatt Director 1.00 X 0 0 0 Joel Nelson Director 1.00 X 0 0 0 Mary Sue Patchett Director 1.00 X 0 0 0 Bill Pettit Jr Director 1.00 X 0 0 0 Katie Potter Director 1.00 X 0 0 0 Robert Probst Director 1.00 X 0 0 0 Loren Shook Director 1.00 X 0 0 0 Charlie Trefzger Director 1.00 X 0 0 0 Collette Valentine-Gray Director 1.00 X 0 0 0 Patricia Will Director 1.00 X 0 0 0 Chris Winkle Director 1.00 X 0 0 0 James Balda President/CEO 40.00 X 713333 0 86447 Gina Mamone Chief Financial Officer 40.00 X 207147 0 13669 Maribeth Bersani Chief Operating Officer 40.00 X 325529 0 20503 Ronald B Williams VP Business Development 40.00 X 222949 0 16566 Brent Weil VP Workforce 40.00 X 174000 0 11014 John Schulte VP Quality 40.00 X 163750 0 9895 Gail Matillo President FALA 40.00 X 140000 0 7600 Gail Harmon President of TALA 40.00 X 131000 0 8661 Paul Williams VP Professional Development 40.00 X 129996 0 5030 2207704 0 179385 9 0 1 0 Freeman Audio Visual Solutions 9900 Business Pkwy Lanham MD 20706 Audio & visual services 390922 The RK Culinary Group 1220 E Commerce St San Antonio TX 78205 Events and fulfillment 234623 Hodes & Landy 284 State St 2 Albany NY 12210 Legal services 228556 Cassidy and Associates 607 14th St NW 400 Washington DC 20005 Public relations services 190270 Freeman Company 3801 Adler Drive Suite 150 Dallas TX 75211 Expo setup 143100 5 300308 300308 Membership dues 900099 4168194 4168194 Conference & meetings 900099 4035977 2552322 1483655 Publications 541800 667858 69600 598258 Credentialing fees 900099 200535 200535 Training fees 900099 56636 56636 68074 68074 9197274 14111 14111 17892 17892 28789 35855 -7066 -7066 -7066 Web advertising 900004 180302 180302 Other 900099 37557 37557 217859 9740378 7115361 778560 1546149 1606143 2462069 104313 378926 235331 49340 66648 291157 674564 104967 250248 609491 94609 1875875 309500 43879 State chapter expenses 229336 Training 123334 Digital production 95339 9605069 835934 600440 467917 707908 184971 258957 416484 558552 1745068 1355963 577635 389105 1006003 1098841 91911 588000 3580855 4201803 158221 157992 1718522 1564071 196164 781616 2072907 2503679 X 720708 894454 787240 803670 1507948 1698124 3580855 4201803 135309 54867 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Argentum Silver PAC 1650 King Street 602 Alexandria VA 22314 831703038 Argentum New York PAC C/O Hodes Landy 284 State Street Albany NY 12210 141783808 0 0 1 4168194 291157 44828 335985 708593 -372608 Part I-A, Line 1: Argentum itself does not endorse candidates for public office, nor does it explicitly advocate for the election or defeat of particular candidates. Argentum receives funds earmarked for Argentum Silver Political Action Committee either on the Silver PAC portal or any cash/check donations delivered to the office are deposited into the Silver PAC account. 670448 670448 0 1074620 685515 389105 389105 Security deposits 25535 Lease incentive receivable 562465 588000 Deferred compensation 108356 Deferred rent and lease incentive 673260 781616 X Part X, Line 2: ARGENTUM EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2019, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. X X X 0 0 0 James Balda President/CEO 513333 0 200000 0 0 0 52831 0 33616 0 799780 0 0 0 Gina Mamone Chief Financial Officer 192147 0 15000 0 0 0 11948 0 1721 0 220816 0 0 0 Maribeth Bersani Chief Operating Officer 310529 0 15000 0 0 0 18755 0 1748 0 346032 0 0 0 Ronald B Williams VP Business Development 179199 0 43750 0 0 0 10785 0 5781 0 239515 0 0 0 Brent Weil VP Workforce 164000 0 10000 0 0 0 10030 0 984 0 185014 0 0 0 John Schulte VP Quality 153750 0 10000 0 0 0 9825 0 70 0 173645 0 0 0 Form 990, Part VI, Section B, line 11b A copy of the federal Form 990 is provided by the accounting firm and is reviewed by the President/CEO and Chief Financial Officer prior to the filing of the 990 with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c It is the policy of Argentum to assure that conflicts of interest or potential conflicts of interest involving Directors and Officers of Argentum are fully disclosed if the occasion should arise. Each Director and each Officer must promptly report to the Board Chair and the President/CEO any situation which might create a conflict of interest. In addition, each Director must execute a conflict of interest disclosure statement at least annually. Procedures: 1. The material facts of any matter which may result in a conflict of interest or possible conflict of interest on the part of a Director or Officer must be disclosed by the Director or Officer to the Board Chair and the President/CEO of Argentum, either through the annual disclosure statement or when the interest becomes a matter of board action. 2. The Board of Directors shall carefully scrutinize and in good faith approve or disapprove any transaction in which Argentum is a party and in which one or more of Argentum's Directors or Officers has a material financial interest. Any individual having a conflict of interest or possible conflict of interest on any matter should not vote nor use personal influence on the matter. The minutes of the meeting should reflect that a disclosure was made and that the Director abstained from voting. The Board of Directors must approve the transaction by a majority vote, without counting the vote of any Director who has an interest in the transaction. 3. The foregoing requirement should not be construed as to prevent an individual from briefly stating his or her position in the matter, nor from answering pertinent questions from board members, as his or her knowledge may be of great importance. 4. Argentum shall not engage in any transaction with another entity which has one or more directors or officers in common with argentum, unless after the common director or officer discloses the material facts of the transactions and the details of his or her affiliation with the other entity. Argentum's board of directors approves the transaction in good faith by a majority vote without counting the vote of the common director. 5. Argentum shall make no loans of money or property to a Director or Officer, nor shall Argentum guarantee any obligation of a Director or Officer, except as otherwise expressly permitted by the Virginia Nonstock Corporation Act. 6. If there is a difference of opinion between the Board Chair, President/CEO and a Director or Officer as to whether the facts of a given circumstance constitute a potential conflict of interest within the meaning of this policy statement, the matter shall be submitted to the Executive Committee of the Board of Directors, who shall make a final determination whether a potential conflict of interest situation exists or not. 7. Annually the President/CEO and board chair shall send to all members of the Board of Directors and to all officers of argentum a copy of this policy and a conflict of interest disclosure statement to be completed and returned. 8. The President/CEO and Board Chair of Argentum, or his or her designee, shall review each completed disclosure statement; shall make such further investigation of possible conflicts of interest as he or she may deem appropriate; and shall determine whether the information presented on the disclosure statement constitutes a conflict of interest. The President/CEO or board chair, or his or her designee shall then make an appropriate report to the Board of Directors concerning such review and investigation. 9. Any party who has filed a disclosure statement and who disagrees with the determination of the President/CEO and Board Chair, or his or her designee, that the matters contained therein do constitute a conflict of interest, and who desires further review of the matter may request that the matter be submitted by the board chair to the executive committee for further review and final determination. The Board Chair shall submit the matter to the Executive Committee accordingly. Argentum expects all staff working on behalf of Argentum and its membership to uphold certain ethical standards related to employment with Argentum and to avoid situations or dealings that represent or appear to represent a conflict of interest. Staff members may have outside business interests and outside employment so long as these do not interfere with job performance. Staff members may not benefit financially from outside employment or business interests that directly result from an affiliation from Argentum. Form 990, Part VI, Section B, line 15 The Board of Directors adopts an annual program plan and budget each year, which includes measurable goals for the President/CEO. At year end, the Executive Committee meets to review the attained goals and determine the President/CEO's compensation. Along with the year-end review, the committee also does a compensation comparison every few years using such resources as the ASAE compensation study for other President/CEO's in associations of comparable size and location. No board member receives compensation, and the President/CEO determines all staff compensation using the comparative study compiled by ASAE and the employee's year-end review. The review of President/CEO compensation is completed on an annual basis. Form 990, Part VI, Section C, line 19 Argentum makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Argentum Silver PAC 1650 King Street Suite 602 Alexandria VA 22314 831703038 Political Organization VA 527 Argentum 1 Argentum New York PAC C/O Hodes Landy 284 State Street Albany NY 12210 141783808 Political Organization NY 527 Argentum 1 Argentum Foundation 1650 King Street Suite 602 Alexandria VA 22314 842108485 Research, education, community engagement VA 501(c)(3) Line 7 Argentum 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0