2018-11-13T14:31:27-06:00 2017-12-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2017-01-01 520700497 FEDERATION OF AMERICAN SOCIETIES FOR EXPERIMENTAL BIOLOGY FEDE 3016347000 9650 ROCKVILLE PIKE BETHESDA MD 208143998 FRANK KRAUSE EXEC DIRECTOR 3016347000 2018-11-13 1 DEBORAH G KOSNETT P00290720 2022932200 2018-11-12 108.31.180.86 2018-11-13 14:31:25 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E907A8F149D67D06177CCD6DEBFA17496A4235B9 2017 2019-02-21 02:37:17Z FASEB FRANK KRAUSE 9650 ROCKVILLE PIKE BETHESDA MD 208143998 27421261 0 X WWW.FASEB.ORG X 1912 DC TO ADVANCE HEALTH AND WELFARE BY PROMOTING PROGRESS AND EDUCATION IN BIOLOGICAL/BIOMEDICAL SCIENCES. 30 30 90 250 293492 0 2753500 2667067 14291933 13779877 1155654 581408 939769 96276 19140856 17124628 1882936 1686765 0 0 8723485 8245801 0 0 0 8625540 8496164 19231961 18428730 -91105 -1304102 25014455 23595353 5301645 5429070 19712810 18166283 THE FEDERATION OF AMERICAN SOCIETIES FOR EXPERIMENTAL BIOLOGY (FASEB) ADVANCES HEALTH AND WELFARE BY PROMOTING PROGRESS AND EDUCATION IN BIOLOGICAL AND BIOMEDICAL SCIENCES THROUGH SERVICE TO ITS MEMBER SOCIETIES AND COLLABORATIVE ADVOCACY. 0 0 8607198 1686765 5991722 PROGRAM SERVICES: CONSISTS OF SCIENCE RESEARCH CONFERENCES, CAREER RESOURCE SERVICES, THE FASEB JOURNAL, AND THREE NIH-FUNDED PROGRAMS, TWO THAT FACILITATE ACCESS TO RESEARCH CAREERS (MARC) AND ONE THAT ENHANCES RESEARCH TRAINING (IPERT). SCIENCE RESEARCH CONFERENCES AND THE FASEB JOURNAL ADVANCE SCIENCE, PROVIDE A MEANS FOR DISSEMINATING RESEARCH RESULTS TO A BROAD AUDIENCE, AND SUPPORT THE WORK OF MEMBER SOCIETIES. 4128103 6668764 CAMPUS AND SOCIETY SUPPORT SERVICES: PROVIDE MANAGEMENT SUPPORT SERVICES TO MEMBER SOCIETIES AND TENANTS. DUE TO 2017 BOARD OF DIRECTORS DECISIONS REGARDING CAMPUS OPERATIONS, THESE REVENUES BEGAN TO DECLINE DURING 2017, AND THIS DECLINE WAS ANTICIPATED. 2362317 1119391 CORE FUNCTIONS: LEGISLATIVE AFFAIRS AND SCIENCE POLICY ACTIVITIES IN THE OFFICE OF PUBLIC AFFAIRS, BOARD OF DIRECTORS, VARIOUS POLICY AND LEADERSHIP COMMITTEES, AND FASEB MEMBERSHIP DIRECTORY. THESE ACTIVITIES SUPPORT THE FEDERATION'S CORE COMPETENCY, WHICH IS ADVOCACY ON BEHALF OF INVESTIGATORS IN THE BIOMEDICAL AND RELATED LIFE SCIENCES. THESE EFFORTS PROVIDE THE MOST DIRECT BENEFIT TO MEMBER SOCIETIES AND INDIVIDUAL MEMBERS OF THOSE SOCIETIES. 15097618 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 80 0 1 90 1 1 1 0 0 0 0 0 0 0 0 0 X 30 30 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X JULIE JONES 3016347000 9650 ROCKVILLE PIKE BETHESDA MD 208143998 THOMAS O BALDWIN PRESIDENT 5.00 X X 0 0 0 JAMES M MUSSER PRESIDENT-ELECT 5.00 X X 0 0 0 HUDSON H FREEZE PRES/IMMED PAST PRES 5.00 X X 0 0 0 DAVID M ROCKE TREASURER 5.00 X X 0 0 0 HANNAH CAREY VP SCIENCE POLICY 5.00 X X 0 0 0 LOUIS B JUSTEMENT VP-ELECT SCI POL 1.50 X X 0 0 0 CHESTER A RAY TREASURER-ELECT 1.50 X X 0 0 0 SCOTT I SIMON VP SCI POL (THRU JUN) 1.50 X X 0 0 0 KEVIN C KREGEL DIRECTOR 1.50 X X 0 0 0 VIVEK BALASUBRAMANIAM DIRECTOR 1.50 X 0 0 0 DAVID BOOTHMAN DIRECTOR 1.50 X 0 0 0 BETSEY A BOVE DIRECTOR 1.50 X 0 0 0 BRENDAN F BOYCE DIRECTOR 1.50 X 0 0 0 RALPH A BRADSHAW DIRECTOR 1.50 X 0 0 0 DAVID B BURR DIRECTOR 1.50 X 0 0 0 ROBERTO CIVITELLI DIRECTOR (THRU JUN) 1.50 X 0 0 0 BRIAN M COX DIRECTOR 1.50 X 0 0 0 CHRISTINE CURRAN DIRECTOR 1.50 X 0 0 0 PHILIP E DAWSON DIRECTOR 1.50 X 0 0 0 WILLIAM B FARQUHAR DIRECTOR 1.50 X 0 0 0 CHARLES W FREVERT DIRECTOR 1.50 X 0 0 0 DAVID P GOLDENBERG DIRECTOR 1.50 X 0 0 0 T ALP IKIZLER DIRECTOR 1.50 X 0 0 0 MATT KAEBERLEIN DIRECTOR (THRU JUN) 1.50 X 0 0 0 URSULA B KAISER DIRECTOR 1.50 X 0 0 0 ERIC E KELLEY DIRECTOR 1.50 X 0 0 0 C ROBERT MATTHEWS DIRECTOR 1.50 X 0 0 0 SHEENAH M MISCHE DIRECTOR 1.50 X 0 0 0 JOHN B MORRIS DIRECTOR 1.50 X 0 0 0 PATRICIA L MORRIS DIRECTOR 1.50 X 0 0 0 LEE NISWANDER DIRECTOR 1.50 X 0 0 0 CHARLES A PARKOS DIRECTOR 1.50 X 0 0 0 PAMELA STANLEY DIRECTOR 1.50 X 0 0 0 KELLY A TAPPENDEN DIRECTOR 1.50 X 0 0 0 DENNIS WIRTZ DIRECTOR 1.50 X 0 0 0 FRANK J KRAUSE EXEC DIR/CEO (AS OF JULY) 37.50 X 185612 0 19128 DR HOWARD GARRISON DIRECTOR OF PUBLIC AFFAIRS 37.50 X 285382 0 55391 JENNIFER PESANELLI DEP EXEC DIR. FOR OPERATIONS 37.50 X 225228 0 34865 JENNIFER ZEITZER DEP DIR OPA/DIR LEGIS AFFAIRS 37.50 X 173923 0 25126 DEBORAH DIDDLE DIR FINANCIAL SERVIES 37.50 X 160126 0 23217 MAUREEN WINEBRENNER DEP ADMIN/HR DIRECTOR 37.50 X 211532 0 3800 ERIC FISHMAN DIR OF INFO TECH 37.50 X 149329 0 27465 1391132 0 188992 7 0 1 0 ATLANTIC IMAGES AND SOUND EVENT SERVICES 3101 BOARDWALK ATLANTIC CITY NJ 08401 EVENT SERVICES 738681 CROCKETT FACILITIES SERVICES INC 4901 TESLA DRIVE BOWIE MD 20715 BUILDING MAINTENANCE 727066 BREDE NATIONAL EXPOSITION SERVICES 6801 MID-CITIES AVENUE BELTSVILLE MD 20705 EVENT SERVICES 672659 DARTMOUTH JOURNAL SERVICES P O BOX 842371 BOSTON MA 022842371 PUBLICATION SERVICES 375125 RSM US LLP 331 WEST 3RD STREET SUITE 200 DAVENPORT IA 52801 INFORMATION TECHNOLOGY SERVICES 369671 9 1549504 1117563 2667067 SOCIETY SERVICES 561000 5030165 252472 4777693 MEETINGS 900099 4728086 4728086 PUBLICATIONS 511120 2902235 2861215 41020 MEMBERSHIP DUES 900099 1119391 1119391 13779877 52443 52443 78058 78058 1716868 2146668 -429800 -429800 -429800 8678930 8149965 528965 528965 528965 MISCELLANEOUS 900099 448018 448018 448018 17124628 8708692 293492 5455377 17386 17386 1644135 1644135 25244 25244 554867 430069 124798 6002900 4618907 1383993 544063 430128 113935 660144 541515 118629 483827 380487 103340 372859 372859 21695 21695 126628 126628 146189 146189 21675 21675 1065335 710098 355237 77523 63165 14358 461795 321798 139997 66327 142897 -76570 61678 -155895 217573 539394 495211 44183 3590268 3567985 22283 137661 123167 14494 81991 42906 39085 PUBLICATION PRODUCTION 667366 667366 MISCELLANEOUS 351431 351431 TEMPORARY HELP 189864 189864 MISCELLANEOUS 168154 168154 348331 321870 26461 18428730 15097618 3331112 0 423606 1087043 95022 172907 651656 623460 559174 493970 31358855 16444613 15361623 14914242 4896873 2159153 3026501 4144578 25014455 23595353 906682 1128265 843880 689501 3551083 3611304 5301645 5429070 X 19487556 17949759 200754 192024 24500 24500 19712810 18166283 25014455 23595353 -1304102 -242425 0 X X 0 1 X 1 0 X 3359116 3487862 3041104 2753500 2667067 15308649 7800957 8932596 9445767 9178347 8708692 44066359 4358202 4784805 3229978 4840083 4777693 21990761 15518275 17205263 15716849 16771930 16153452 81365769 0 500449 543800 721340 1037525 1183371 3986485 500449 543800 721340 1037525 1183371 3986485 77379284 3204496 3438627 3657904 2476488 1847369 14624884 3204496 3438627 3657904 2476488 1847369 14624884 136696 446440 475868 423819 448018 1930841 18859467 21090330 19850621 19672237 18448839 97921494 0.79020 0.78960 0.14940 0.16150 X 24633 468024 492657 19809791 20302448 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 426835 473252 508659 492657 1901403 250000 250000 250000 250000 1000000 1500000 21342 23663 25433 24633 95071 24504 3 24507 24502 2 24504 24500 2 24502 24800 300 3 600 3 24500 25298 500 3 1000 1 24800 0.99970 0.00030 0 0 25457 25457 27455353 12735740 14719613 3878045 3708873 169172 14914242 INVESTMENTS HELD TO FUND DEFERRED COMPENSATION 2195291 AMOUNTS DUE FROM MEMBER SOCIETIES AND CUSTODIAL GRANTS 1949287 4144578 AMOUNTS HELD FOR CUSTODIAL FUNDS FROM MANAGED MEETINGS 1299151 AMOUNTS HELD FOR MEMBER SOCIETIES AND CUSTODIAL ACCOUNTS 116862 DEFERRED COMPENSATION 2195291 3611304 19028871 -242425 -242425 19271296 -2146668 -2146668 17124628 20575398 2146668 2146668 18428730 0 18428730 PART V, LINE 4: THE FEDERATION'S ENDOWMENT CONSISTS OF TWO DONOR-RESTRICTED FUNDS TO BE HELD IN PERPETUITY. (1) THE GREGORY PINCUS MEMORIAL FUND WAS ESTABLISHED IN 1976 TO PROVIDE FUNDS TO SUBSIDIZE THE COSTS OF TRAVEL, REGISTRATION, AND SUBSISTENCE FOR YOUNG GRADUATE STUDENTS PREPARING FOR CAREERS IN BIOLOGY AND MEDICINE TO ATTEND THE EXPERIMENTAL BIOLOGY ANNUAL MEETING OR OTHER SCIENTIFIC CONFERENCES. (2) THE WELLS ENDOWED PROGRAM FOR INITIATIVES IN PUBLIC AFFAIRS WAS ESTABLISHED IN 2004 TO PROVIDE FUNDING FOR ANY AND ALL DISCRETIONARY PURPOSES SUPPORTING THE FEDERATION'S OFFICE OF PUBLIC AFFAIRS (OPA). THE EARNINGS FROM THIS ENDOWMENT ARE TO BE USED AT THE SOLE DISCRETION OF THE DIRECTOR OF THE OPA. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE NETTED AGAINST INCOME -2,146,668. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE NETTED AGAINST RENTAL INCOME 2,146,668. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS TO RECIPIENTS IN THE REGION TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETING 25244 0 0 0 0 0 0 25244 0 25244 TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETING EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 15 25244 CHECK 0 0 0 0 0 0 1 TRAVEL AWARDS 1399 1490802 AWARDS, HONORARIA AND STIPENDS 8 153333 PART I, LINE 2: AMOUNTS PAID FOR CONTRIBUTIONS AND SIMILAR SUPPORT TO VARIOUS ORGANIZATIONS ARE APPROVED BY THE RESPECTIVE DEPARTMENT HEADS IN CONFORMITY WITH FASEB'S NORMAL CASH DISBURSEMENT POLICIES AND PROCEDURES. X 0 1 X X X X 0 0 0 0 0 0 0 0 0 FRANK J KRAUSE EXEC DIR/CEO (AS OF JULY) 178140 0 0 0 7472 0 11250 0 14943 0 211805 0 0 0 DR HOWARD GARRISON DIRECTOR OF PUBLIC AFFAIRS 277603 0 0 0 7779 0 27000 0 30680 0 343062 0 0 0 JENNIFER PESANELLI DEP EXEC DIR. FOR OPERATIONS 206090 0 0 0 19138 0 22730 0 20733 0 268691 0 0 0 JENNIFER ZEITZER DEP DIR OPA/DIR LEGIS AFFAIRS 173353 0 0 0 570 0 17490 0 10947 0 202360 0 0 0 DEBORAH DIDDLE DIR FINANCIAL SERVIES 144023 0 0 0 16103 0 15960 0 12146 0 188232 0 0 0 MAUREEN WINEBRENNER DEP ADMIN/HR DIRECTOR 26959 0 0 0 184573 0 2575 0 2093 0 216200 0 0 0 ERIC FISHMAN DIR OF INFO TECH 147214 0 0 0 2115 0 15330 0 19767 0 184426 0 0 0 PART I, LINE 1A THE ORGANIZATION MAINTAINS A WRITTEN POLICY THAT PROHIBITS FIRST CLASS TRAVEL, BUT HAS MADE AN EXCEPTION IN CASES WHERE IT IS THE ONLY FLIGHT AVAILABLE. FORM 990, PART VI, SECTION A, LINE 1 FASEB HAS AN EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT, PRESIDENT-ELECT, IMMEDIATE PAST PRESIDENT, TREASURER, VICE PRESIDENT FOR SCIENCE POLICY, AND SECRETARY. ADDITIONALLY, THE EXECUTIVE DIRECTOR IS A NON-VOTING MEMBER. THE EXECUTIVE COMMITTEE EXERCISES MANAGEMENT AUTHORITY OF THE BOARD OF DIRECTORS IN BETWEEN BOARD MEETINGS. THE EXECUTIVE COMMITTEE REPORTS TO THE BOARD OF DIRECTORS ON ITS ACTIONS. FORM 990, PART VI, SECTION A, LINE 4 THE FASEB BYLAWS WERE AMENDED TO MERGE THE EXECUTIVE AND PUBLIC AFFAIRS COMMITTEES INTO A SINGLE, LARGER EXECUTIVE COMMITTEE, IN ORDER TO CONSOLIDATE DECISION-MAKING INTO ONE COMMITTEE AND BROADEN THE EXECUTIVE COMMITTEE'S COMPOSITION BY INCLUDING ELECTED BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 FASEB'S 30 MEMBER SOCIETIES ARE EACH 501(C)(3) OR 501(C)(6) PROFESSIONAL ASSOCIATIONS. SOCIETIES IN THE FIELD OF BIOLOGICAL SCIENCE MAY APPLY FOR MEMBERSHIP, AND MAY BE ADMITTED BY A THREE-FOURTHS MAJORITY VOTE OF ALL THE DIRECTORS OF THE FASEB BOARD. FORM 990, PART VI, SECTION A, LINE 7A EACH FASEB MEMBER SOCIETY APPOINTS ONE DIRECTOR TO REPRESENT THEIR SOCIETY ON THE FASEB BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE ONLY DECISION OF THE GOVERNING BODY THAT IS SUBJECT TO APPROVAL BY THE MEMBERS IS IF THE BOARD VOTES TO DISSOLVE FASEB. FORM 990, PART VI, SECTION B, LINE 11B THE FASEB 990 IS POSTED ON AN INTERNAL WEBSITE "FASEB ARCHIVES AND THE FASEB EXECUTIVE COMMITTEE AND BOARD MEMBERS ARE INFORMED THAT THE 990 IS AVAILABLE FOR REVIEW PRIOR TO SUBMISSION OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE PROVIDED THE CONFLICT OF INTEREST POLICY ANNUALLY. THEY MUST SIGN AND DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST. NEW BOARD MEMBERS ARE MADE AWARE OF THE CONFLICT OF INTEREST POLICY DURING AN ORIENTATION CONFERENCE CALL. INSTANCES OF POTENTIAL CONFLICT ARE DISCLOSED, DISCUSSED, AND RECORDED. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE FASEB EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE FASEB EXECUTIVE COMMITTEE OF THE BOARD. THE FASEB DEPUTY EXECUTIVE DIRECTOR FOR ADMINISTRATION PROVIDES COMPARABLE COMPENSATION DATA TO THE FASEB PRESIDENT. THE FASEB PRESIDENT PROVIDES THE DEPUTY EXECUTIVE DIRECTOR FOR ADMINISTRATION WITH DOCUMENTATION DETAILING THE COMPENSATION THAT WAS APPROVED AND WHO APPROVED THE NEW COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 FASEB'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.