2020-11-10T11:00:04-06:00 2019-12-31 420714325 RSM US LLP 2021 L STREET NW 400 WASHINGTON DC 20036 990 2019-01-01 526006937 NATIONAL ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS NATI 7038600200 1904 ASSOCIATION DRIVE RESTON VA 201911537 MIKE SHIFFLETT CFO 7038600200 2020-11-10 1 SARA SMITH P01332734 2022932200 2020-11-10 138.88.173.105 2020-11-10 10:54:05 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C7C937CA623DFB7884503BA84EC9B5C24C7C8E34 2019 2021-01-29 14:40:06Z NASSP JOANN BARTOLETTI 1904 ASSOCIATION DRIVE RESTON VA 201911537 32572202 0 X WWW.NASSP.ORG X 1941 DC TO CONNECT AND ENGAGE SCHOOL LEADERS THROUGH ADVOCACY, RESEARCH, EDUCATION, AND STUDENT PROGRAMS. 23 23 55 75 184580 -2960 4234744 5739447 14916304 14984201 1161907 749111 7688041 7557172 28000996 29029931 2255276 2247389 0 0 7081191 7984072 0 0 605202 14100628 14851725 23437095 25083186 4563901 3946745 41435994 45389849 16143594 11155415 25292400 34234434 X THE MISSION OF NASSP IS TO CONNECT AND ENGAGE SCHOOL LEADERS THROUGH ADVOCACY, RESEARCH, EDUCATION, AND STUDENT PROGRAMS. 0 0 5382505 2231000 6661648 STUDENT SERVICES: NASSP PROMOTES THE INTELLECTUAL GROWTH, ACADEMIC ACHIEVEMENT, CHARACTER AND LEADERSHIP DEVELOPMENT, AND PHYSICAL WELL-BEING OF YOUTH. NASSP IS PROUD TO BE THE FOUNDER AND ADMINISTRATOR FOR THE FOLLOWING STUDENT LEADERSHIP PROGRAMS: -NATIONAL HONOR SOCIETY AND NATIONAL JUNIOR HONOR SOCIETY -NATIONAL STUDENT COUNCILS -NATIONAL ELEMENTARY HONOR SOCIETY 3900297 2374905 MERCHANDISE SALES: THE MERCHANDISE SALES CONSISTS OF RECOGNITION AND GRADUATION MERCHANDISE USED IN INDUCTION CEREMONIES, OFFICER INSTALLATIONS AND GRADUATION CEREMONIES FOR THOSE STUDENTS PARTICIPATING IN NATIONAL HONOR SOCIETY, NATIONAL JUNIOR SOCIETY, NATIONAL ELEMENTARY HONOR SOCIETY AND NATIONAL STUDENT COUNCIL. 2895411 4512862 MEMBER SERVICES: THE MEMBER SERVICES FUNCTION INCLUDES ACTIVITIES RELATED TO ADVOCACY, STATE COORDINATORS CONFERENCE, COMMUNICATIONS, WEBSITE AND RETAINING CURRENT MEMBERS. 1518486 1202086 STRATEGIC ALLIANCE: SINCE THE CREATION OF THE ORIGINAL BREAKING RANKS RECOMMENDATIONS MORE THAN 15 YEARS AGO, SIGNIFICANT STRIDES HAVE BEEN MADE TOWARD ACHIEVING THE PROGRAM'S GOAL OF MAKING SCHOOLS MORE STUDENT CENTERED BY PERSONALIZING PROGRAMS AND SUPPORT SYSTEMS AND MEETING THE INTELLECUTAL CHALLENGES OF EACH STUDENT. TODAY, THIS BODY OF KNOWLEDGE AND EXPERIENCE MAKES UP WHAT IS KNOWN AS THE BUILDING RANKS FRAMEWORK, WHICH IS A COMPREHENSIVE FRAMEWORK FOR SCHOOL IMPORVEMENT THAT SUPPORTS ALL SCHOOLS IN THE K-12 CONTINUUM. 534951 16389 9903422 PROFESSIONAL SERVICES: NASSP PROVIDES A VARIETY OF PUBLICATIONS AND SOCIAL MEDIA ENGAGEMENT PLATFORMS SO THAT EVERY SCHOOL LEADER CAN EXPAND UPON HIS OR HER OWN PROFESSIONAL DEVELOPMENT. IN ORDER TO FACILITATE THESE PROFESSIONAL DEVELOPMENT EFFORTS, NASSP OFFERS THE FOLLOWING PUBLICATIONS IN BOTH DIGITAL AND PRINT FORMATS: -NEWSPAPER KNOWN AS NEWSLEADER -MAGAZINE TITLED PRINCIPAL LEADERSHIP -RESEARCH PUBLICATION KNOWN AS PRINCIPAL'S RESEARCH REVIEW -PEER-REVIEWED JOURNAL TITLED NASSP BULLETIN 2053437 16389 11105508 14231650 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 126 0 1 55 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X MICHAEL K SHIFFLETT CPA 7038607225 1904 ASSOCIATION DRIVE RESTON VA 201911537 PETER KRUSZYNSKI PRESIDENT 20.00 X X 0 0 0 ROBERT MOTLEY PRESIDENT-ELECT 10.00 X X 0 0 0 GREGG WIECZOREK TREASURER 4.00 X X 0 0 0 ARTHUR ADAMAKOS DIRECTOR 4.00 X 0 0 0 ARTHUR AHL DIRECTOR 4.00 X 0 0 0 JULIE ARNOLD DIRECTOR 4.00 X 0 0 0 STEVEN AST DIRECTOR 4.00 X 0 0 0 RAECHELLE FABRAO DIRECTOR 4.00 X 0 0 0 PAUL FANUELE DIRECTOR 4.00 X 0 0 0 JESSICA HODGES DIRECTOR 4.00 X 0 0 0 AARON HUFF DIRECTOR 4.00 X 0 0 0 CAROLE KIHM DIRECTOR 4.00 X 0 0 0 JENNIFER LINDAMAN DIRECTOR 4.00 X 0 0 0 ALAN LONG DIRECTOR 4.00 X 0 0 0 RAQUEL MARTINEZ DIRECTOR 4.00 X 0 0 0 KIP MOTTA DIRECTOR 4.00 X 0 0 0 DEBORAH MOYA DIRECTOR 4.00 X 0 0 0 GINA PIN DIRECTOR 4.00 X 0 0 0 MARGARET ROBINSON DIRECTOR 4.00 X 0 0 0 ALBERT SACKEY DIRECTOR 4.00 X 0 0 0 GWENDOLYN TAYLOR DIRECTOR 4.00 X 0 0 0 BECKY WATERS DIRECTOR 4.00 X 0 0 0 BILL ZIEGLER DIRECTOR 4.00 X 0 0 0 JOANN BARTOLETTI EXECUTIVE DIRECTOR 37.50 X 629341 0 65139 MICHAEL SHIFFLETT CHIEF FINANCIAL OFFICER 37.50 X 177376 0 29717 BEVERLY J HUTTON DEPUTY EXEC DIR. PROGRAMS 37.50 X 201725 0 8908 DENNIS BRUCE SADLER DEPUTY EXEC DIR. PROGRAMS 37.50 X 194194 0 32818 JOAN E AUCHTER DIR, PROFESSIONAL DEVELOPMENT 37.50 X 186210 0 25839 ANN DENISE POSTLEWAITE DIR, STUDENT PROGRAMS 37.50 X 164036 0 24798 NARA HAN LEE DIR, STUDENT LEADERSHIP 37.50 X 149735 0 24122 META TSHILOMBO DIR, INFORMATION SERVICES 37.50 X 141404 0 25201 HARI PAL P SINGH WEB APPLICATIONS DEVELOPER 37.50 X 131322 0 22866 1975343 0 259408 16 0 1 0 MARKETING DESIGN GROUP 2445 5TH AVENUE STE 450 SAN DIEGO CA 92101 MARKETING 2457584 DISCOVERY EDUCATION 1 DISCOVERY PLACE SILVER SPRING MD 20910 CONSULTING 1266667 STONE ROOSTER DISTRIBUTORS INC BUNCHER COMMERCE PARK 16 AVENUE A LEETSDALE PA 15056 WAREHOUSE SERVICES 917709 EDBRIDGE PARTNERS LLC 115 EAST 34TH ST UNIT 1900 NEW YORK NY 10156 CONSULTING 663523 PERSONIFY INC PO BOX 759470 BALTIMORE MD 212759470 CONSULTING 527288 29 4096740 1642707 5739447 MEMBERSHIP DUES 900099 10919694 10919694 CONFERENCE & MEETINGS 900099 2371095 2107429 263666 CONTRACT REVENUE 900099 1117355 1117355 SERVICES & ASSESSMENT CENTER FEES 900099 362252 362252 PUBLICATIONS 541800 213805 29225 184580 14984201 514357 514357 307474 307474 90336 159434 -69098 -69098 -69098 1265665 1030911 234754 234754 234754 9670722 2351926 7318796 7318796 29029931 21854751 184580 1251153 X 2244389 2244389 3000 3000 1348306 670729 677577 3931715 2044514 1887201 2671137 831606 1839531 32914 15284 17630 260233 9185 251048 76805 76805 68749 68749 3467258 2519242 348016 600000 2730828 2730828 745486 209723 535763 1064994 311487 753507 203933 21168 182765 1239484 900163 334353 4968 2085112 1862478 222451 183 2535 2535 414817 414817 544664 502467 42197 PROGRAM DELIVERY/FULFIL 1697772 679665 1018107 SUBSCRIPTIONS/REGISTRAT 245037 188571 56415 51 MISCELLANEOUS 4018 52 3966 OVERHEAD ALLOCATION 0 1217927 -1217927 25083186 14231650 10246334 605202 20417884 20402300 1552153 1585619 1039030 800712 1000389 2493886 988743 1257863 10276862 8381645 2111030 1895217 13910640 16427801 416125 526451 41435994 45389849 2370902 1655291 9662596 9137133 4110096 362991 16143594 11155415 X 18855026 24790189 6437374 9444245 25292400 34234434 41435994 45389849 X 3946745 1985524 194669 2815096 X X 0 1 X 1 0 X 4660550 2220328 4508237 4234744 5739447 21363306 23095004 7568687 25137003 24402289 24470343 104673326 27755554 9789015 29645240 28637033 30209790 126036632 0 658723 1070165 835759 838780 3403427 658723 1070165 835759 838780 3403427 122633205 772398 397932 680323 825589 912167 3588409 772398 397932 680323 825589 912167 3588409 28527952 10186947 30325563 29462622 31121957 129625041 0.94610 0.94520 0.02770 0.02840 X SCHEDULE A THE INFORMATION IN THE "2016" COLUMN REPRESENTS THE SHORT PERIOD FROM JULY 1, 2016 TO DECEMBER 31, 2016 AS A RESULT OF A CHANGE IN ACCOUNTING PERIOD. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41380 926616 967996 26557801 27525797 1000000 250000 0 0 615533 1000000 1000000 1000000 3615533 5423300 183492 528992 764218 967996 2444698 153883 250000 250000 250000 903883 1355825 22454 39943 38100 41380 141877 153958 153958 5175973 4538872 637101 167107 167107 0 1778854 1578886 199968 3000970 2096780 904190 1895217 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN BENEFITS 362991 362991 33458066 1985524 1985524 31472542 68749 -2511360 -2442611 29029931 26194237 2511360 2511360 23682877 68749 1331560 1400309 25083186 PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED ON PART VIII -2,351,926. RENTAL EXPENSE INCLUDED ON PART VIII -159,434. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED ON PART VIII 2,351,926. RENTAL EXPENSE INCLUDED ON PART VIII 159,434. PART XII, LINE 4B - OTHER ADJUSTMENTS: POSTRETIREMENT HEALTHCARE BENEFITS CONTRIBUTION 6,908. PENSION BENEFITS CONTRIBUTION 1,324,652. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENT HOLDINGS IN REGION 166996 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENT HOLDINGS IN REGION 54840 0 0 0 0 0 0 221836 0 221836 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 INTERNATIONAL SCHOLARSHIP AND TUITION SERVICE 1321 MURFREEBORO PIKE 800 NASHVILLE TN 37217 FOR PROFIT 2228000 NHS SCHOLARSHIPS 0 1 PART I, LINE 2: NASSP DEVELOPS A WORK PLAN AND A BUDGET WITH OUR GRANTORS AND ATTEND SCHEDULED QUARTERLY CHECK IN MEETINGS WITH THEM TO REVIEW THE WORK, THE METRICS, AND THE EXPENDITURES TO ENSURE THAT ALL FUNDS ARE USED EXCLUSIVELY FOR WORK IN LINE WITH NASSP'S EXEMPT PURPOSES. X 1 1 X X 0 1 0 0 0 0 0 0 0 JOANN BARTOLETTI EXECUTIVE DIRECTOR 629341 0 0 0 0 0 51809 0 14032 0 695182 0 0 0 MICHAEL SHIFFLETT CHIEF FINANCIAL OFFICER 175962 0 0 0 1414 0 9123 0 23200 0 209699 0 0 0 BEVERLY J HUTTON DEPUTY EXEC DIR. PROGRAMS 199230 0 0 0 2495 0 3985 0 7814 0 213524 0 0 0 DENNIS BRUCE SADLER DEPUTY EXEC DIR. PROGRAMS 193627 0 0 0 567 0 10486 0 25223 0 229903 0 0 0 JOAN E AUCHTER DIR, PROFESSIONAL DEVELOPMENT 181996 0 0 0 4214 0 9214 0 19248 0 214672 0 0 0 ANN DENISE POSTLEWAITE DIR, STUDENT PROGRAMS 163349 0 0 0 687 0 8288 0 18651 0 190975 0 0 0 NARA HAN LEE DIR, STUDENT LEADERSHIP 149472 0 0 0 263 0 8112 0 18325 0 176172 0 0 0 META TSHILOMBO DIR, INFORMATION SERVICES 140997 0 0 0 407 0 7522 0 19809 0 168735 0 0 0 HARI PAL P SINGH WEB APPLICATIONS DEVELOPER 129762 0 0 0 1560 0 6553 0 18238 0 156113 0 0 0 PART I, LINE 1A THE ORGANIZATION PAID FOR THE HEALTH CLUB DUES OF SINGH AND TSHILOMBO. SUCH AMOUNTS WERE NOT INCLUDED ON THE EMPLOYEES' FORM W-2 AS TAXABLE COMPENSATION. PART I, LINE 4B JOANN BARTOLETTI, EXECUTIVE DIRECTOR, PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN. THE CONTRIBUTION TO THE PLAN DURING THE YEAR ENDED DECEMBER 31, 2019 IS $62,102. FORM 990, PART VII, SECTION A, LINE 5: THE ORGANIZATION DOES NOT DIRECTLY PAY ITS EMPLOYEES. RATHER, ALL PERSONNEL OF THE ORGANIZATION ARE EMPLOYEES OF INSPERITY, A PROFESSIONAL EMPLOYER ORGANIZATION, FOR LEGAL PAYROLL PURPOSES. FORM 990, PART VI, SECTION A, LINE 1 THE STEERING COMMITTEE SHALL ASSIST THE BOARD OF DIRECTORS IN ITS OVERSIGHT RESPONSIBILITIES BY EXERCISING THE FULL POWERS AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS OF THE ASSOCIATION IN BETWEEN REGULAR BOARD MEETINGS AND IN REVIEWING AND MAKING RECOMMENDATIONS TO THE FULL BOARD AS TO FAIR AND REASONABLE EXECUTIVE COMPENSATION LEVELS. THE STEERING COMMITTEE SHALL NOT HAVE THE POWER OR AUTHORITY TO: -FILL VACANCIES ON THE BOARD OF DIRECTORS -ADOPT, AMEND, OR REPEAL THE BYLAWS -ACT ON MATTERS COMMITTED BY THE BYLAWS OR RESOLUTION OF THE BOARD OF DIRECTORS TO ANOTHER COMMITTEE OF THIS BOARD -ACT ON MATTERS PERTAINING TO THE ACQUISITION, SALE, MORTGAGE, OR PLEDGE OF REAL PROPERTY. THE STEERING COMMITTEE SHALL CONSIST OF THE PRESIDENT, PRESIDENT-ELECT, AND THE FIVE ELECTED COMMITTEE CHAIRS BY THE BOARD. ALL ACTIONS OF THE STEERING COMMITTEE SHALL BE SUBJECT TO RATIFICATION BY THE FULL BOARD. THE STEERING COMMITTEE MAY MEET IN ANY MANNER NECESSARY TO CONDUCT ITS BUSINESS AND SHALL KEEP REGULAR MINUTES OF ITS PROCEEDINGS AND REPORT THE SAME TO THE BOARD AT THE NEXT MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 ACTIVE: ACTIVE MEMBERS SHALL CONSIST OF THOSE INDIVIDUALS ENGAGED IN THE PRACTICE OR SUPERVISION OF SECONDARY (MIDDLE LEVEL AND/OR HIGH SCHOOL) ADMINISTRATION WITHIN ONE OF THE EIGHT REGIONS AS DEFINED IN ARTICLE II OF THE BYLAWS. ASSOCIATE: ASSOCIATE MEMBERS SHALL CONSIST OF PERSONS, INSTITUTIONS, OR OTHER ENTITIES THAT DO NOT MEET THE CRITERIA FOR ACTIVE MEMBERSHIP. LIFE MEMBERS: LIFE MEMBERSHIP MAY BE CONFERRED BY THE BOARD OF DIRECTORS AND PROVIDES AN INDIVIDUAL WITH ALL OF THE PRIVILEGES OF AN ACTIVE MEMBER, EXCEPT THE ABILITY TO BECOME AN OFFICER, DIRECTOR, OR STATE COORDINATOR OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS SHALL BE ELECTED BY THE ACTIVE MEMBERS OF THE CORPORATION AT THE ANNUAL MEETING THEREOF. FORM 990, PART VI, SECTION A, LINE 7B THERE SHALL BE AN ANNUAL BUSINESS MEETING OF THE MEMBERS DURING THE ASSOCIATION'S ANNUAL CONVENTION OR UPON SUCH DATE, TIME, AND PLACE AS THE BOARD SHALL DETERMINE. WRITTEN NOTICE OF THE ANNUAL BUSINESS MEETING SHALL BE GIVEN AT LEAST 30 DAYS PRIOR TO THE MEETING. DURING THE ANNUAL BUSINESS MEETING, ACTIVE MEMBERS SHALL HAVE THE RIGHT TO VOTE ON THE FOLLOWING MATTERS ONLY: I. ELECTION OF THE BOARD OF DIRECTORS AND OFFICERS II. APPROVAL OF AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS III. APPROVAL OF ANNUAL MEMBERSHIP DUES INCREASES IV. APPROVAL OF ANY PLAN OF MERGER OR CONSOLIDATION V. SALE, LEASE, EXCHANGE, MORTGAGE, PLEDGE, OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE ASSOCIATION. VOTING ON ALL OTHER MATTERS IS EXPRESSLY RESERVED FOR THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY THE ORGANIZATION'S ACCOUNTANT AND IS REVIEWED BY MANAGEMENT. PRIOR TO FILING, THE BOARD OF DIRECTORS IS PROVIDED A PERIOD OF REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DESIGNED TO HELP DIRECTORS, OFFICERS, AND EMPLOYEES OF THE NATIONAL ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS (NASSP) IDENTIFY SITUATIONS THAT PRESENT POTENTIAL CONFLICTS OF INTEREST AND TO PROVIDE NASSP WITH A PROCEDURE THAT, IF OBSERVED, WILL ALLOW A TRANSACTION TO BE TREATED AS VALID AND BINDING EVEN THOUGH A DIRECTOR, OFFICER, OR EMPLOYEE HAS OR MAY HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION. IN THE EVENT THERE IS AN INCONSISTENCY BETWEEN THE REQUIREMENTS AND PROCEDURES PRESCRIBED HEREIN AND THOSE IN FEDERAL OR STATE LAW, THE LAW SHALL CONTROL. ALL CAPITALIZED TERMS ARE DEFINED IN PART 2 OF THIS POLICY. ADDITIONALLY, ANY PERSON WHO HAS SERVED OR IS SERVING AS AN OFFICER OR DIRECTOR SHALL NOT SOLICIT BUSINESS FROM OR ENTER INTO ANY AGREEMENT OR CONTRACT WITH NASSP FOR A PERIOD OF ONE YEAR AFTER THE CONCLUSION OF HIS OR HER SERVICE AS AN OFFICER OR DIRECTOR OF THE ASSOCIATION. EACH RESPONSIBLE PERSON SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NOT-FOR-PROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO NASSP. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE EXECUTIVE DIRECTOR, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS BY SECRET BALLOT. SUCH PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS WILL CONDUCT AN ANNUAL EVALUATION OF THE EXECUTIVE DIRECTOR. SUCH EVALUATION WILL BE BASED ON THE EXTENT TO WHICH THE EXECUTIVE DIRECTOR HAS ADDRESSED THE BOARD'S STATED GOALS AND OBJECTIVES AS SPECIFIED IN ITS STRATEGIC PLAN. IN THIS PROCESS, THE BOARD WILL ALSO REVIEW THE STAFF'S WORKPLAN AS RELATED TO EACH GOAL AND OBJECTIVE WHICH INCLUDES SPECIFIC TIMELINES AND MEASURABLE OUTCOMES. THE PROCESS LAST INCLUDED COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THIS DELIBERATION AND DECISION IN 2016. KEY STAFF PERFORMANCE IS REVIEWED BY THE EXECUTIVE DIRECTOR IN ACCORDANCE WITH STANDARD STAFF PERFORMANCE APPRAISAL PROCEDURES. COMPENSATION DECISIONS ARE MADE BY THE EXECUTIVE DIRECTOR. PERIODIC SALARY COMPARISONS ARE PERFORMED TO ENSURE STAFF COMPENSATION IS IN LINE WITH OTHER ASSOCIATIONS OF SIMILAR SIZE AND SCOPE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G MEMBERSHIP: PROGRAM SERVICE EXPENSES 681,212. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 681,212. INVENTORY MANAGEMENT: PROGRAM SERVICE EXPENSES 76,373. MANAGEMENT AND GENERAL EXPENSES 156,654. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 233,027. PUBLICATIONS: PROGRAM SERVICE EXPENSES 321,589. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 321,589. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 199,348. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 199,348. GRANTS/PARTNERSHIPS: PROGRAM SERVICE EXPENSES 482,688. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 482,688. FINANCE/HR: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,704. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,704. EXECUTIVE/GOVERNANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 131,935. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 131,935. SCHOLARSHIP ADMINISTRATION: PROGRAM SERVICE EXPENSES 85,255. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85,255. STATE ASSOCIATION RELATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 26,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,500. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 672,777. MANAGEMENT AND GENERAL EXPENSES 28,223. FUNDRAISING EXPENSES 600,000. TOTAL EXPENSES 1,301,000. FORM 990, PART XI, LINE 9: POSTRETIREMENT HEALTHCARE BENEFIT CREDIT 1,456,344. PENSION BENEFIT CREDIT 1,358,752. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OVERSEES THE AUDIT AND SELECTION OF THE AUDIT FIRM. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.