2019-07-08T18:23:48-05:00 2018-08-31 470900880 CALIBRE CPA GROUP PLLC 7501 WISCONSIN AVENUE SUITE 1200 WEST BETHESDA MD 20814 990 2017-09-01 270591064 NEA PROPERTIES INC NEAP 2028227572 1201 16TH STREET NW NO 410 WASHINGTON DC 200363201 PRINCESS MOSS TREASURER 2028227572 2019-07-08 1 SCOTT E HALLBERG CPA P01081188 2023319880 38.100.43.100 2019-07-08 19:23:26 ED P 2D5B0BD3402E39B7C704900C7FC251DEED649B44 099BB351ED5C43DB8E4A0DD96B056B1430213725 2017 2019-02-21 02:37:17Z REBECCA PRINGLE 1201 16TH STREET NW NO 410 WASHINGTON DC 200363201 2033630 0 X N/A X 2009 IN NEA PROPERTIES, INC (NEAPI)IS A WHOLLY-OWNED REAL ESTATE HOLDING COMPANY WHOSE PURPOSE IS TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM THAT PROPERTY, AND REPORT ALL INCOME AFTER EXPENSES TO THE NATIONAL EDUCATION ASSOCIATION OF THE UNITED STATES, AN ORGANIZATION EXEMPT UNDER SECTION 501(C)(5). 3 0 0 0 0 0 0 0 1806037 2033630 0 0 0 0 1806037 2033630 0 0 0 0 0 0 0 0 0 1722098 1854557 1722098 1854557 83939 179073 16138255 16386157 122298 191127 16015957 16195030 X NEA PROPERTIES, INC (NEAPI)IS A WHOLLY-OWNED REAL ESTATE HOLDING COMPANY WHOSE PURPOSE IS TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM THAT PROPERTY, AND REPORT ALL INCOME AFTER EXPENSES TO THE NATIONAL EDUCATION ASSOCIATION OF THE UNITED STATES, AN ORGANIZATION EXEMPT UNDER SECTION 501(C)(5). 0 0 1854557 2033630 THE ORGANIZATION HELD REAL ESTATE, COLLECTED INCOME, AND REPORTED ALL NET INCOME TO ITS PARENT ORGANIZATION WHICH IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(5). 1854557 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 0 0 0 IN X KIM O'FARRELL 2028227572 1201 16TH ST NW STE 410 WASHINGTON DC 200363201 JOHN WRIGHT DIRECTOR 1.00 36.50 X 0 207691 111541 PRINCESS MOSS TREASURER 1.00 36.50 X X 0 328892 121208 REBECCA PRINGLE PRESIDENT 1.00 36.50 X X 0 335822 139665 0 872405 372414 0 0 1 0 0 RENTAL INCOME 531120 2033630 2033630 2033630 2033630 2033630 0 0 X 61763 14145 359848 51060 6498 655501 553 553792 14101 LEASE COMMISSION EXPENS 81935 REAL ESTATE TAXES 51593 BAD DEBT EXPENSE 4407 MISC TENANT EXPENSE -639 1854557 693533 745990 27585 21431 299880 397348 18890129 3914718 14868909 14975411 248348 245977 16138255 16386157 44008 8013 78290 183114 122298 191127 X 16015957 16195030 16015957 16195030 16138255 16386157 179073 0 X X 0 1 X 1 0 1943982 1943982 11948018 3421621 8526397 4974168 485026 4489142 23961 8071 15890 14975411 SECURITY DEPOSITS 45744 DEFERRED RENT 137370 183114 X 2033630 0 2033630 0 2033630 1854557 0 1854557 0 1854557 PART X, LINE 2: THE CORPORATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISION OF SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. THE CORPORATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH THE ASC TOPIC INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT OF THE CORPORATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED AUGUST 31, 2018 AND 2017, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. AS OF AUGUST 31, 2018, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2014 THROUGH 2016 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE CORPORATION FILES RETURNS. 0 0 0 JOHN WRIGHT DIRECTOR 0 188097 0 5767 0 13827 0 60818 0 50723 0 319232 0 0 PRINCESS MOSS TREASURER 0 253658 0 0 0 75234 0 80258 0 40950 0 450100 0 0 REBECCA PRINGLE PRESIDENT 0 253658 0 0 0 82164 0 89034 0 50631 0 475487 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED DAY TO DAY OPERATIONS TO COLLIERS INTERNATIONAL PROPERTY MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO REPORT POTENTIAL CONFLICTS OF INTEREST WHENEVER THEY ARE AWARE OF SUCH. PROCEDURES ARE ALSO IN PLACE FOR OTHERS TO REPORT ON CONFLICTS OF INTEREST IF THEY BELIEVE THEY HAVE OCCURRED. ALL OFFICERS AND DIRECTORS ARE NOTIFIED ANNUALLY OF THE CONFLICT OF INTEREST POLICY AND THEIR OBLIGATION TO REPORT. THE NEA SECRETARY-TREASURER AND CFO SERVE AS THE NEA CONFLICT OF INTEREST OFFICERS AND RECEIVE AND REVIEW ALL REPORTED CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES 327,671. PROFESSIONAL FEES - OTHER 10,200. OTHER PROF. SPACE PLANNING 21,977. FORM 990, PART XII, LINE 2C THE AUDIT PROCEDURES HAVE NOT CHANGED SINCE LAST YEAR. NATIONAL EDUCATION ASSOCIATION OF THE UNITED STATES 1201 16TH ST NW WASHINGTON DC 20036 530115260 LABOR ORGANIZATION DC 501(C)(5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 NATIONAL EDUCATION ASSOCIATION OF THE UNITED STATES P 14101