2019-10-22T12:04:01-07:00 2018-12-31 990 2018-01-01 135582579 National Assn of Chain Drug Stores Inc NATI 7035493001 1776 Wilson Blvd Arlington VA 22209 David M Fitzsimmons SVP, Finance & Admin 2019-10-22 2018 2019-02-21 02:37:17Z Steven C AndersonCAEIOM 1776 Wilson Blvd 200 Arlington VA 222092516 41978115 false 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 73 50 173285 217129 0 40513415 39804138 3047740 1979133 209702 194844 43770857 41978115 39450 61500 0 17844111 19064732 0 0 19065470 19121327 36949031 38247559 6821826 3730556 96796582 93994387 32242160 30128898 64554422 63865489 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. 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. 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 true false false false false false false false false false true false true false false false false false false false false false false false false false false true true true false true 89 0 true 73 true true true false false false true true false false false false false 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 Mark Panzer Chairman 5.00 0.00 X X 0 0 0 Christopher Lane Vice-Chairman 5.00 0.00 X X 0 0 0 Richard Ashworth Treasurer 5.00 0.00 X X 0 0 0 George D Bartell Director 1.00 0.00 X 0 0 0 Michael Bloom Director 1.00 0.00 X 0 0 0 Kermit Crawford Director 1.00 0.00 X 0 0 0 Randy Edeker Director 1.00 0.00 X 0 0 0 Lynne Fruth Director 1.00 0.00 X 0 0 0 Jon Giacomin Director 1.00 0.00 X 0 0 0 Alex Gourlay Director 1.00 0.00 X 0 0 0 Mark E Griffin Director 1.00 0.00 X 0 0 0 Richard J Hartig Director 1.00 0.00 X 0 0 0 Marybeth Hays Director 1.00 0.00 X 0 0 0 Kevin Hourican Director 1.00 0.00 X 0 0 0 Rick Keyes Director 1.00 0.00 X 0 0 0 Nick Loporcaro Director 1.00 0.00 X 0 0 0 Larry J Merlo Director 1.00 0.00 X 0 0 0 Robert J 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 George Riedl Director 1.00 0.00 X 0 0 0 John Standley Director 1.00 0.00 X 0 0 0 Sharon Sternheim Director 1.00 0.00 X 0 0 0 David Vucurevich Director 1.00 0.00 X 0 0 0 Steven C AndersonCAEIOM President & CEO 39.00 1.00 X X 2022352 0 935542 David M Fitzsimmons SVP Finc/Admin 38.00 2.00 X 428761 0 59752 Don L Bell SVP General Counsel 40.00 0.00 X 665302 0 60365 Thomas O'Donnell SVP Gov't Affairs 40.00 0.00 X 557097 0 54265 Christopher P Krese SVP Communications 40.00 0.00 X 607505 0 57873 Kathleen D Jaeger SVP Pharmacy Care Patient Advocacy 25.00 15.00 X 624505 0 47863 James A Whitman SVP Member Programs/Services 40.00 0.00 X 1070738 0 54601 Terrance Arth VP Member Programs 40.00 0.00 X 352774 0 57958 Kevin Nicholson VP Regulatory Aff 40.00 0.00 X 332266 0 41427 Mary Ellen Kleiman VP Legal Affairs 40.00 0.00 X 291200 0 28532 Sandra Guckian VP State Govt Affs 40.00 0.00 X 279376 0 39736 Dawn Worthington VP Human Resources 40.00 0.00 X 267888 0 37377 7499764 1475291 44 false true false 1776 Wilson 2014 LLC 4601 N Fairfax Dr 1115 Arlington VA 22203 Landlord 1387670 Video West Inc 1050 N 52nd St Phoenix AZ 85008 Convention A/V 1021218 OnStage Talent Group 860 Via de la Paz F Loft Pacific Palisades CA 90272 Entertainment Broker 970442 Centerplate 111 West Harbor Dr San Diego CA 92101 Conference Food/Bev 756865 Freeman PO Box 650036 Dallas TX 75265 Exhibit Hall Set-up 629042 40 0 Advertising 40785 40785 Conference/Trade Show 27370967 132500 27238467 Mbr Legal/Lobby support 162385 162385 Membership Dues 11921332 11921332 Research support 308669 308669 39804138 1856436 1856436 0 194532 194532 0 122697 122697 122697 122697 0 0 0 Miscellaneous 312 312 312 41978115 12392386 173285 29412444 61500 0 0 0 7246521 0 8996327 1027260 1112989 681635 0 411993 71075 981075 0 174997 1752876 70143 977540 525350 0 1096477 508970 0 9863951 0 0 486479 169165 Library Subs & Mbr Dues 611581 Credit Card and Bank fees 562082 Coalition Sponsorship/Contribs 237093 Tax Expense- 4720 Excise 229931 390549 38247559 0 0 0 248252 56311 10808316 8064993 0 8524950 8790545 0 0 0 0 1497504 1124078 4366446 3087956 1664416 1278490 70284747 71819602 0 0 0 3768397 2860368 96796582 93994387 6819540 7256394 25422620 22872504 32242160 30128898 X 64554422 63865489 64554422 63865489 96796582 93994387 X 3730556 -4419488 -1 X false true X true false 147424 147424 147424 true Annette Cleveland for State Senate 1111 Main St 400 Vancouver WA 98660 454514627 800 Arkansas GrocersRetail Merch Assoc PAC 1123S UniversityAv Ste718 Little Rock AR 72204 716059233 5000 Assembly Democratic Caucus 2251 N Rampart Bl 341 Las Vegas NV 89123 880205213 3000 Atkinson Leadership PAC 4165 Fuselier Drive N Las Vegas NV 89032 200776115 3500 Battle Born PAC 770 US Highway 395 North Garderville NV 89140 465459957 4000 Brighter Future for Nevada 10080 Alta Drive Ste 200 Las Vegas NV 89145 465459957 1500 California Democrat Party for Senators 1830 9th Street Sacramento CA 95811 942214618 6000 California Republican Party 1001 K St 4th Fl Sacramento CA 95814 951144040 3000 Carrico for Senate PO Box 1100 Galax VA 22565 452472912 500 Citizens for Brian Feldman PO Box 34408 Bethesda MD 20827 522344445 300 Citizens for Delores Kelley PO Box 21514 Baltimore MD 21282 522344317 500 Citizens for Hannon PO Box 398 Garden City NY 11530 112416066 1000 Citizens for June Robinson 616 Wetmore Ave Everett WA 98201 455346884 300 Citizens for Pinsky 4115 Hamilton St Hyattsville MD 20781 521451666 250 Citizens for Saab 2120 Bell Tower Dr Crownsville MD 21032 342047892 200 Citizens to Elect Steve Conway PO Box 112020 Tacoma WA 98411 010735404 1000 Cmte to Elect Irene Bustamante-Adams 3800 Reflection Way Las Vegas NV 89147 475556307 -1500 Coloradoans for Western Values 4630 Ranch Circle Colorado Springs CO 80918 822568284 500 Committee to Elect Aaron Ford PO Box 96003 Las Vegas NV 89193 461059290 2000 Committee to Elect Adam Laxalt PO Box 97801 Las Vegas NV 891937801 464472314 4000 Committee to Elect Al Kramer 4640 Old Clear Creek Rd Carson City NV 89705 000004707 1000 Committee to Elect Ben Keickhefer 10045 Goler Wash Court Reno NV 89521 270537241 1000 Committee to Elect Chris Broadwater 906 W Dakota Street Hammond LA 70401 452177350 -500 Committee to Elect Dina Neal 3217 Brautigan Court N Las Vegas NV 89032 800490137 1000 Committee to Elect Eileen Cody 6714 38th Aveue SW Seattle WA 98126 911646573 500 Committee to Elect Ellen Spiegel 2764 N Green Valley Pkwy Henderson NV 89014 453807729 1000 Committee to Elect Heidi Gansert 316 California Ave 519 Reno NV 89509 475012428 1000 Committee to Elect Janelle Bynum PO Box 42307 Portland OR 97242 812159438 500 Committee to Elect Jason Frierson 2251 N Rampart Bl 341 Las Vegas NV 89123 880205213 2000 Committee to Elect Jill Dickmam 1344 Disc Drive 201 Sparks NV 89431 471479372 2000 Committee to Elect Jill Tolles 4790 Caughlin Pkwy180 Reno NV 89519 474868322 1000 Committee to Elect Jim Honeyford PO Box 844 Sunnyside WA 98944 911561953 400 Committee to Elect Jim Wheeler PO Box 2135 Minden NV 89423 000006928 1000 Committee to Elect Joe Hardy 833 Nevada Way Boulder NV 89015 810555112 2000 Committee to Elect Joel Kretz 1014 Torodo Creek Wauconda WA 98859 721573462 800 Committee to Elect John Lovick 2403 157th Pl SE Mill Creek WA 98012 900040477 500 Committee to Elect JT Wilcox PO Box 747 McKenna WA 98558 270758934 800 Committee to Elect Keith Pickard 1025 Belle River Court Henderson NV 89052 475412011 4000 Committee to Elect Mo Denis 3204 Osage Avenue Las Vegas NV 89101 460602094 3000 Committee to Elect Nicole Cannazzaro 7901 Cocoa Beach Circle Las Vegas NV 89128 474860402 1000 Committee to Elect Oscarson 4780 Giordano Ct Pahrump NV 89061 475011045 1000 Committee to Elect Phillip DeVillier PO Box 409 Eunice LA 70535 473760037 -500 Committee to Elect Steve Hobbs 3309 114th Drive NE Lake Stevens WA 98258 204733784 300 Committee to Elect Tim Sheldon PO Box G Hoodsport WA 98548 203465831 300 Committee to Re-elect Richard DeBolt 558 Chilvers Road Chehalis WA 98532 203271670 800 Constitutional Colorado 3051 South Birch St Denver CO 80222 000008422 -575 Dan Claitor Campaign 7520 Perkins Rd 170 Baton Rouge LA 70808 264007629 -500 Dem Assembly Campaign Cmte 107 Washington Av 1LL Albany NY 12210 133041656 2500 Dem Senate Campaign Cmte 111 Washington Avenue Albany NY 12210 112924245 1500 Edward Ted James Campaign Fund 3213 Monterrey Bl B Baton Rouge LA 70814 000005159 -250 Elect Monica Stonier PO Box 61762 Vancouver WA 98666 271504430 300 Esgar Leadership Fund 549 Acero Avenue Pueblo CO 81004 813133997 500 FRF Pharmacy Council PAC 227 South Adams Street Tallahassee FL 32301 463081179 4000 Friends of Ann Rivers PO Box 957 LaCenter WA 98629 271512372 500 Friends of Ariana Kelley PO Box 1573 Baltimore MD 21203 272621639 250 Friends of Bonnie Cullison 3403 Beret Lane Silver Springs MD 20906 800502254 250 Friends of Carl L Anderton Jr PO Box 1314 Salisbury MD 21802 832177724 200 Friends of Elizabeth Steiner Hayward PO Box 42307 Portland OR 97242 900821006 1000 Friends of Jackie Winters PO Box 126 Salem OR 97308 900038202 500 Friends of Jeff Helfrich 2149 Cascade Av 106A Hood River OR 97031 460813747 500 Friends of Jennifer Williamson PO Box 42307 Portland OR 97242 453593513 500 Friends of Jessica Gomez 89286 Cranberry Lane Bandon OR 97411 824484727 1000 Friends of Joseline Pena-Melnyk PO Box 1251 College Park MD 207411251 320021713 400 Friends of Karen Keiser PO Box 13290 Des Moines WA 98198 911947669 800 Friends of Kathy Seliga PO Box 40 Kingsville MD 21087 270292866 200 Friends of Marcus Riccelli PO Box 1325 Spokane WA 99210 455222828 300 Friends of Mike Busch 147 Old Solomans Rd200 Annapolis MD 21047 522264141 200 Friends of Nic Kipke PO Box 862 Pasadena MD 21123 201393106 200 Friends of Nicole Macri PO Box 9100 Seattle WA 98109 811159785 800 Friends of Patty Kuderer PO Box 1545 Bellevue WA 98009 475315866 1000 Friends of Rob Nosse PO Box 42307 Portland OR 97242 364771917 500 Friends of Shirley Nathan-Pulliam 5740 Executive Drive Catonsville MD 21228 522030209 400 Friends of Steve Newman PO Box 480 Forest VA 24551 541998270 500 Friends of Steve Sisolak 29 Burning Tree Court Las Vegas NV 89125 263267406 2000 Friends of Vandana Slatter 11900 NE 1st St 300 Bellevue WA 98005 461880322 1000 Friends to Elect Eric Pettigrew PO Box 28660 Seattle WA 98118 534801080 500 Frownfelter for House 5225 Crest Drive Kansas City KS 66106 453213926 250 Georgia Retail Action Committee 227 South Adams St Tallahassee FL 32301 205409286 4000 Haskin for Assembly 2018 921 11th St 701 Sacramento CA 95814 823431767 999 Hawkins for State Representative 9406 Harvest Lane Wichita KS 67212 455463671 250 Holscher for Kansas Box 4781 Olathe KS 66062 475179945 250 House Dem Campaign Committee 4130 1st Aveue Seattle WA 98134 916178946 800 House Rep Organization Committee PO Box 7222 Olympia WA 98507 916177625 800 Impact Management Group PAC 124 W Capitol Av 1886 Little Rock AR 72201 472290381 5000 Indiana House Dem Caucus PO Box 1671 Indianapolis IN 46206 521177393 1000 Indiana House Rep Campaign Cmte 101 W Ohio St 2200 Indianapolis IN 46204 351470780 1000 Indiana Retailers Association PAC One N Capitol Site430 Indianapolis IN 46204 350242682 1000 Indiana Senate Dem Caucus 115 W Washington St1165 Indianapolis IN 46204 352115773 1000 Indiana Senate Majority Campaign Cmte 101 W Ohio Street 2200 Indianapolis IN 46204 351519681 1000 Jeff Longbine for Senate Box 1903 Emporia KS 66801 273484072 250 Jim Denning for Kansas Senate 11184 Antioch 290 Overland Park KS 662102420 000008351 250 Kansans for Ryckman 14234 W 158th St Olathe KS 66062 000002435 250 Kathy Wolfe Moore for Representative 3209 N 131st St Kansas City KS 66109 000009578 250 Kennedy Leadership Fund 6305 W 6th Av D26 Lakewood CO 80214 474809264 500 Landgraf PAC 4816 Daredevil Dr Colorado Springs CO 80911 461176769 500 Mainstreet Merchants for a Better NC Inc PO Box 1030 Raleigh NC 27602 207824320 3000 Marco for Senate 119 1st Av S 320 Seattle WA 98104 260696977 500 Maryland Retailers Association PAC 171 Conduit Street Annapolis MD 21401 520575864 850 Marylanders for Miller 100 State Circle H107 Annapolis MD 21401 521718146 200 Michelle Downey Caldier for State Rep PO Box 1710 Port Orchard WA 98366 464305309 300 Mike McLane for State Representative PO Box 13 Powell Butte OR 97753 272362541 500 Nevadas Future PAC PO Box 9603 Las Vegas NV 89193 451059290 -2000 NYS Dem Campaign Cmte 420 Lexington Av 845 New York NY 10170 112924245 7500 Orrock for Delegate PO Box 458 Thornburg VA 22565 311723213 500 People for Christine Rolfes PMB 118 19689 7th Av NE Poulsbo WA 98370 320172015 500 People for Joe Schmick PO Box 610 Colfax WA 99111 450582705 800 People for Paul Graves PO Box 417 Fall City WA 98024 811133789 300 People for Pendergrass PO Box 6711 Columbia MD 21045 521656546 600 Republican Party of Arkansas RPA PO Box 72 Little Rock AR 72203 710149625 3000 Retailers of Alabama PAC PO Box 240669 Montgomery AL 36124 912065311 3000 ROCKIE 1200 Newport St Denver CO 80220 300622043 5000 Senate Committee for Mark Schoesler 1588 E Rosenoff Rd Ritzville WA 99169 043779321 800 Senate Democratic Caucus 4165 Fuselier Dr N Las Vegas NV 89032 200776115 2000 Senate Rep Campaign Cmte 152 Washington Av 200 Albany NY 12210 141753654 1500 Senate Rep Campaign Committee PO Box 11025 Olympia WA 98508 910987396 800 Shelly for State PO Box 37 Addy WA 99101 680674661 1000 South Carolina Retail PAC PO Box 1030 Raleigh NC 27602 205460565 3500 Steven G Crum for Kansas 356 Linden Lane Haysville KS 67060 000001378 250 Susan Concannon for State Rep 91 N Mill Street Beloit KS 67420 271300663 250 Tennessee PharmPAC 500 Church St 650 Nashville TN 37219 012356980 2500 The Way Ahead PO Box 597 Richmond VA 23218 823876518 1000 Tom Holland for Kansas Senate PO Box 165 Baldwin City KS 66006 000009017 250 Troy Waymaster for 109th Kansas House 3528 192nd St Bunker Hill KS 67626 461885500 250 Utah FoodPAC 4286 South Main St Murray UT 84107 870188934 3000 Vicki Schmidt for Insurance Commissioner 5906 SW 43rd Ct Topeka KS 66610 824355218 2000 WA Senate Democratic Campaign 4130 1st Ave Seattle WA 98134 462614068 800 WA State Pharmacy PAC 411 Williams Av S Renton WA 98057 814940331 900 Wagle for Senate 4 Sagebrush Wichita KS 67230 000002354 250 Waymaster for State Representative 35218 192nd St Bunker Hill KS 67262 371691318 -250 false false false 11921332 1302268 1302268 2980333 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 starting with five zeros in the list are SSN's. For security purposes, only the last 4 digits are used. 1895913 1134993 760920 1020291 806826 213465 1450242 1146137 304105 1278490 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 $60,000 and $104,000 for the years ended December 31, 2018 and 2017, 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 501(c)(6) 12000 0 Actual Cost Support Annual Dinner Barbara Bush Foundation 516 N Adams St Tallahassee FL 32301 260587238 25000 0 Actual Cost Support Foundation Programs George Washingtons Mt Vernon PO Box 110 Mt Vernon VA 22121 540564701 10000 0 Actual Cost Support Annual Dinner 2 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 false true false Christopher P Krese SVP Communications 461477 147814 -1786 27500 30373 665378 David M Fitzsimmons SVP Finc/Admin 336846 72683 19232 27500 32252 488513 Dawn Worthington VP Human Resources 217342 33328 17218 23548 13829 305265 Don L Bell SVP General Counsel 466932 158084 40286 27500 32865 725667 James A Whitman SVP Member Programs/Services 649214 346721 74803 27500 27101 1125339 Kathleen D Jaeger SVP Pharmacy Care Patient Advocacy 451537 150900 22068 27500 20363 672368 Kevin Nicholson VP Regulatory Aff 268100 39600 24566 27500 13927 373693 Mary Ellen Kleiman VP Legal Affairs 240110 35200 15890 25476 3056 319732 Sandra Guckian VP State Govt Affs 221446 34808 23122 24595 15141 319112 Steven C AndersonCAEIOM President & CEO 1366002 566329 90021 889064 46478 2957894 Terrance Arth VP Member Programs 279527 56250 16997 27500 30458 410732 Thomas O'Donnell SVP Gov't Affairs 394994 139661 22442 27500 26765 611362 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 Richard Ashworth; Rite Aid- John Standley and Kermit Crawford; Walmart- George Riedl and Marybeth Hays, CVS Health- Larry Merlo and Kevin Hourican. 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 30374 Actual Cost NACDS Foundation Inc o 405101 Actual Cost NACDS Foundation Inc q 102771 Actual 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.