2019-11-13T13:30:13-06:00 2018-12-31 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2018-01-01 310940935 CONTROLLED RELEASE SOCIETY INC CONT 8563806910 1120 ROUTE 73 NO 200 MOUNT LAUREL NJ 08054 MICHAEL GALLERY EXECUTIVE DIRECTOR/CEO 8563806910 2019-11-13 1 JENNIFER SOLOT P00749373 2155677770 50.203.243.162 2019-11-13 14:29:49 ES P 8837A190850F5CD245E5AA70DF77B417E26F19EE 77CA6B56B756E7D447116D987DC2386506D64E33 2018 2020-03-31 21:24:44Z X MICHAEL GALLERY 1120 ROUTE 73 NO 200 MOUNT LAUREL NJ 08054 2342942 0 X WWW.CONTROLLEDRELEASESOCIETY.ORG X 1978 OH CRS IS DEDICATED TO ADVANCING THE CONTROLLED DELIVERY OF CHEMICAL AND BIOLOGICAL SUBSTANCES. 10 10 0 15 1164 0 12007 53118 1676244 1469827 29137 131820 116731 6754 1834119 1661519 34000 72357 0 0 0 38503 0 0 0 1431450 1590467 1465450 1701327 368669 -39808 2359629 1981487 233448 147722 2126181 1833765 X THE CONTROLLED RELEASE SOCIETY IS AN INTERNATIONAL, INTERDISCIPLINARY, NOT-FOR-PROFIT ORGANIZATION WHOSE GUIDING PURPOSE SHALL BE THE ADVANCEMENT OF THE SCIENCE AND TECHNOLOGY OF THE CONTROLLED DELIVERY OF CHEMICAL AND BIOLOGICAL SUBSTANCES. ADDITIONALLY, THE OBJECTIVES OF THE SOCIETY ARE AS FOLLOWS:(A) ENCOURAGE THE EXCHANGE OF INFORMATION IN THE FIELD OF CONTROLLED DELIVERY THROUGH EDUCATION, RESEARCH, AND THE DISSEMINATION OF INFORMATION USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO SOCIETY.(B) FOSTER AND ENHANCE COMMUNICATION BETWEEN ALL CONSTITUENCIES OF THE SOCIETY;(C) CONDUCT AN ANNUAL BUSINESS, ANNUAL SCIENTIFIC, AND OTHER REGULAR MEETINGS TO FOSTER PEER COMMUNICATION; AND,(D) DEVELOP PUBLIC POLICY POSITIONS BENEFITING MEMBERS AND THE PUBLIC. 0 0 1186838 72357 1154660 CONFERENCES, SPECIAL INTEREST GROUPS, AND WORKSHOPS PROVIDE A FORUM FOR EDUCATIONAL EXCHANGE OF INFORMATION ON THE SCIENCE OF BIOACTIVES. 97867 MEMBER SERVICES PROVIDES INTERACTION TO OVER 1,400 SCIENTISTS WORLD WIDE OF WHICH 40% ARE FROM INDUSTRY AND 60% ARE FROM ACADEMIA AND GOVERNMENT. 48304 217300 JOURNALS AND PUBLICATIONS ALLOW FOR THE DISSEMINATION OF INFORMATION ON BIOACTIVES. 1235142 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X ASSOCIATION HEADQUARTERS INC 8564390500 1120 ROUTE 73 SUITE 200 MOUNT LAUREL NJ 08054 MARIA JOSE ALONSO PRESIDENT (FROM 8/1/2018) 10.00 X X 0 0 0 TAMARA MINKO PRESIDENT (UNTIL 7/31/2018) 10.00 X X 0 0 0 JUSTIN HANES PRESIDENT ELECT (FROM 8/1/2018) 5.00 X X 0 0 0 MARIA JOSE ALONSO PRESIDENT ELECT (UNTIL 7/31/2018) 5.00 X X 0 0 0 TAMARA MINKO PAST PRESIDENT (FROM 8/1/2018) 5.00 X X 0 0 0 RUTH SCHMID PAST PRESIDENT (UNTIL 7/31/2018) 5.00 X X 0 0 0 SAMIR MITRAGOTRI TREASURER (FROM 8/1/2018) 5.00 X X 0 0 0 JULIUS REMENAR TREASURER (UNTIL 7/31/2018) 5.00 X X 0 0 0 YVONNE PERRIE SECRETARY (FROM 8/1/2018) 5.00 X X 0 0 0 JAMES OXLEY SECRETARY (UNTIL 7/31/2018) 5.00 X X 0 0 0 DAVE PUTNAM TREASURER ELECT (FROM 8/1/2018) 5.00 X X 0 0 0 SAMIR MITRAGOTRI TREASURER ELECT (UNTIL 7/31/2018) 5.00 X X 0 0 0 JUSTIN HANES MEMBER AT LARGE (UNTIL 7/31/2018) 5.00 X 0 0 0 RICHARD KORSMEYER MEMBER AT LARGE 5.00 X 0 0 0 STEVE LITTLE MEMBER AT LARGE (FROM 8/1/2018) 5.00 X 0 0 0 NICOLE PAPEN-BOTTERHUIS MEMBER AT LARGE (UNTIL 7/31/2018) 5.00 X 0 0 0 MARK PRAUSNITZ MEMBER AT LARGE 5.00 X 0 0 0 ILVA RUPENTHAL MEMBER AT LARGE 5.00 X 0 0 0 MICHAEL GALLERY EXECUTIVE DIRECTOR/CEO 5.00 X 38503 0 0 38503 0 0 0 0 0 0 NEW YORK HILTON MIDTOWN 1335 AVENUE OF THE AMERICAS NEW YORK NY 10019 ANN MTG HOTEL SERVICES 706107 ASSOCIATION HEADQUARTERS INC 1120 ROUTE 73 SUITE 200 MOUNT LAUREL NJ 08054 MANAGEMENT SERVICES 602087 PRODUCTION RESOURCE GROUP LLC PO BOX 419470 BOSTON MA 02241 ANN MTG AUDIOVISUAL SERVICES 131733 3 53118 53118 ANNUAL MEETING 900099 1154660 823910 330750 PUBLICATIONS 900099 217300 217300 MEMBER DUES 900099 97867 97867 1469827 60263 60263 752980 681423 71557 71557 71557 OTHER REVENUE 900099 6754 1164 5590 6754 1661519 1139077 1164 468160 15050 15050 57307 57307 38503 3850 34653 513653 249270 264383 4909 4909 5397 5397 37193 7037 30156 110388 106463 3925 42782 32974 9808 18047 4800 13247 113953 41600 72353 597686 597573 113 4951 4951 PROGRAM SUPPLIES 53557 52559 998 EDITORIAL COSTS 39429 39429 BANK AND CREDIT CARD FE 32051 19231 12820 MISCELLANEOUS 16471 7999 8472 1701327 1235142 466185 0 704315 162254 71190 38286 59418 49492 89743 41750 4951 0 36799 1567536 1562083 2359629 1981487 30771 16734 202677 130988 233448 147722 X 2118455 1794617 7726 39148 2126181 1833765 2359629 1981487 -39808 -252608 0 X 0 1 X 1 0 X 33052 28545 38491 12007 141868 253963 1583710 1681977 1595293 1792975 1139077 7793032 242000 242000 1616762 1710522 1633784 1804982 1522945 8288995 0 0 0 8288995 26268 25587 28183 29137 60263 169438 26268 25587 28183 29137 60263 169438 5590 5590 1643030 1736109 1661967 1834119 1588798 8464023 0.97930 0.98440 0.02000 0.01560 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 5,590. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41750 4951 36799 36799 X 1403514 -252608 -5397 -258005 1661519 0 1661519 1695930 0 1695930 5397 5397 1701327 PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS. GAAP PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. CRS BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES -5,397. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 32000 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION; FUNDRAISING AWARDS AND TRAVEL GRANTS 14000 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 5000 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 3000 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 3000 0 0 0 0 0 0 57000 0 57000 AWARDS AND TRAVEL GRANTS EUROPE (INCLUDING ICELAND & GREENLAND) 10 31906 AWARDS AND TRAVEL GRANTS EAST ASIA AND THE PACIFIC 5 14275 AWARDS AND TRAVEL GRANTS MIDDLE EAST AND NORTH AFRICA 3 5126 AWARDS AND TRAVEL GRANTS NORTH AMERICA 1 3000 AWARDS AND TRAVEL GRANTS SOUTH ASIA 1 3000 0 0 0 0 0 0 PART I, LINE 2: GRANTS ARE ATTACHED TO AWARDS GIVEN OUT TO AWARDEES AT THE ANNUAL MEETING. CANDIDATES OR PERSON(S) NOMINATING PROVIDE APPROPRIATE INFORMATION TO THE VARIOUS AWARDS COMMITTEES WHO EVALUATE EACH CANDIDATE. FINAL CANDIDATES ARE SELECTED AND PRESENTED AS A RECOMMENDATION TO THE BOARD OF DIRECTORS WHO APPROVE THE FINALISTS. FINALISTS ARE INFORMED AND PROVIDE BANKING INFORMATION FOR PAYMENT. FINALISTS ARE AWARDED AT THE ANNUAL MEETING BY CHECK OR SHORTLY THEREAFTER BY WIRE TRANSFER. 1 AWARDS AND TRAVEL GRANTS 7 15050 PART I, LINE 2: GRANTS ARE ATTACHED TO AWARDS GIVEN OUT TO AWARDEES AT THE ANNUAL MEETING. CANDIDATES OR PERSON(S) NOMINATING PROVIDE APPROPRIATE INFORMATION TO THE VARIOUS AWARDS COMMITTEES WHO EVALUATE EACH CANDIDATE. FINAL CANDIDATES ARE SELECTED AND PRESENTED AS A RECOMMENDATION TO THE BOARD OF DIRECTORS WHO APPROVE THE FINALISTS. FINALISTS ARE INFORMED AND PROVIDE BANKING INFORMATION FOR PAYMENT. FINALISTS ARE AWARDED AT THE ANNUAL MEETING BY CHECK OR SHORTLY THEREAFTER BY WIRE TRANSFER. FORM 990, PART VI, SECTION A, LINE 3 DELEGATION OR MANAGEMENT DUTIES TO MANAGEMENT COMPANY CRS RECEIVES VARIOUS MANAGEMENT SERVICES INCLUDING THOSE RELATED TO GENERAL ADMINISTRATION, MEETINGS AND FINANCIAL SERVICES FROM ASSOCIATION HEADQUARTERS, INC. FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION WITH MEMBERS THERE ARE 7 CLASSES OF MEMBERSHIP AS FOLLOWS: MEMBER, STUDENT OR POST DOCTORATE MEMBER, EMERITUS, FELLOW, HONRARY MEMBER, BUSINESS PARTNER AND GOVERNMENT MEMBERS, OF WHICH HONORARY MEMBERS ARE NOT VOTING. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS OF THE GOVERNING BODY THE ORGANIZATION HAS MEMBERS WHO ELECT THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS OF THE ORGANIZATION DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 THE 990 IS REVIEWED BY THE TREASURER OF THE ORGANIZATION. ONCE THE TREASURER'S REVIEW IS COMPLETE, THE 990 IS EMAILED TO EACH VOTING MEMBER FOR THEIR REVIEW. THE 990 IS ALSO PLACED ON THE INTERNAL BOARD WEBSITE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY THE CONTROLLED RELEASE SOCIETY'S CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. EACH DIRECTOR OR OFFICER SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT IS BELIEVED COULD CONTRIBUTE TO A CONFLICT OF INTEREST. THE EXECUTIVE DIRECTOR MONITORS DISCLOSURES. IN THE EVENT A CONFLICT IS IDENTIFIED, THE EXECUTIVE COMMITTEE WILL BE NOTIFIED TO REVIEW AND ASSESS THE CASE AND PROCEED IN ACCORDANCE WITH THE ORGANIZATION'S POLICY. THE BOARD OF DIRECTORS HAS THE ULTIMATE AUTHORITY TO MAKE DECISIONS REGARDING CONFLICTS OF INTEREST INCLUDING RECUSAL FROM DELIBERATION AND VOTING IF A CONFLICT IS IDENTIFIED, IN ACCORDANCE WITH THE ORGANIZATION'S POLICY. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF OTHER DOCUMENTS THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, FORM 990 AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.