2018-06-22T13:27:32-05:00 2017-12-31 611015031 KRING RAY FARLEY & RIDDLE PSC 444 EAST MAIN STREET STE 203 LEXINGTON KY 405071943 990 2017-01-01 611227864 NATIONAL ASSOCIATION OF STATE PROCUREMENT OFFICIALS INC NATI 8595149159 110 WEST VINE STREET SUITE 600 LEXINGTON KY 40507 CAROL WILSON TREASURER 8607135093 2018-06-14 CORY REITZ P01407307 8592310541 2018-06-14 2017 2022-09-23 18:48:47Z X CAROL WILSON 110 WEST VINE STREET SUITE 600 LEXINGTON KY 40507 44277692 0 X WWW.NASPO.ORG X 1947 KY HELP OUR MEMBERS ACHIEVE SUCCESS AS PUBLIC PROCUREMENT LEADERS IN THEIR STATES THROUGH PROMOTION OF BEST PRACTICES, EDUCATION, PROFESSIONAL DEVELOPMENT, RESEARCH, AND INNOVATIVE PROCUREMENT STRATEGIES. 26 26 21 200 0 0 0 0 19375483 19436238 2052357 1938714 0 0 21427840 21374952 12752 0 0 0 1430989 2445796 0 0 0 11684160 13581035 13127901 16026831 8299939 5348121 65146292 70424830 138491 0 65007801 70424830 HELP OUR MEMBERS ACHIEVE SUCCESS AS PUBLIC PROCUREMENT LEADERS IN THEIR STATES THROUGH PROMOTION OF BEST PRACTICES, EDUCATION, PROFESSIONAL DEVELOPMENT, RESEARCH, AND INNOVATIVE PROCUREMENT STRATEGIES. 0 0 6722272 18970185 RESEARCH, EDUCATION, AND COOPERATIVE PROCUREMENT SERVICES TO IMPROVE THE EFFICIENCY AND ECONOMY OF PUBLIC PURCHASING. 1830416 451425 CONFERENCES - EDUCATE MEMBERS ON THE LATEST DEVELOPMENTS IN STATE GOVERNMENT ISSUES AND EXPLORE INNOVATIVE SOLUTIONS TO COMMON PROBLEMS. 257 10924 PUBLICATIONS - EDUCATE AND INFORM MEMBERS OF TRENDS AND ANALYSIS OF ISSUES RELATING TO STATE GOVERNMENT PROCUREMENT. 8552945 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 51 0 1 21 1 0 0 0 0 0 0 0 0 0 0 X 26 26 0 1 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X CLIFTONLARSONALLEN 6123764500 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 DEBORAH DAMORE PAST-PRESIDENT 1.00 X X 0 0 0 MICHAEL JONES PRESIDENT-ELECT 1.00 X X 0 0 0 KELLY SANDERS DIRECTOR AT LARGE 1.00 X 0 0 0 LARRY MAXWELL PRESIDENT 1.00 X X 0 0 0 CHRISTINE WARNOCK DIRECTOR AT LARGE 1.00 X 0 0 0 KENT BEERS TREASURER/CHAIR NASPO VP 1.00 X X 0 0 0 LISA EASON DIRECTOR AT LARGE 1.00 X 0 0 0 ROBERT GLEASON DIRECTOR AT LARGE 1.00 X 0 0 0 BETSY HAYES DIRECTOR AT LARGE 1.00 X 0 0 0 SARAH HILDERBRAND DIRECTOR AT LARGE 1.00 X 0 0 0 ROSALYN INGRAM DIRECTOR AT LARGE 1.00 X 0 0 0 JASON SOZA DIRECTOR AT LARGE 1.00 X 0 0 0 STEVE BERG VICE-CHAIR NASPO VP 1.00 X X 0 0 0 RICK HUGHES TREASURER NASPO VP 1.00 X X 0 0 0 SARAH ALLEN DIRECTOR AT LARGE 1.00 X 0 0 0 VALERIE BOLLINGER DIRECTOR AT LARGE 1.00 X 0 0 0 ERIC MANDELL DIRECTOR AT LARGE 1.00 X 0 0 0 CHRIS CHRISTINE DIRECTOR AT LARGE 1.00 X 0 0 0 DEBBIE DENNIS DIRECTOR AT LARGE 1.00 X 0 0 0 LORI GALLES DIRECTOR AT LARGE 1.00 X 0 0 0 JEFF HAAG DIRECTOR AT LARGE 1.00 X 0 0 0 SANDY HERREL DIRECTOR AT LARGE 1.00 X 0 0 0 MEGHAN HOLMLUND DIRECTOR AT LARGE 1.00 X 0 0 0 CINDY LOMBARDI DIRECTOR AT LARGE 1.00 X 0 0 0 CHERAL MANKE DIRECTOR AT LARGE 1.00 X 0 0 0 DEVIN MARQUEZ DIRECTOR AT LARGE 1.00 X 0 0 0 STEVE NETTLES DIRECTOR AT LARGE 1.00 X 0 0 0 DOUGLAS G RICHINS CEO-NASPO VP 40.00 X 217300 0 0 LINDLE HATTON CEO-NASPO 40.00 X 223491 0 758 ROBERT VOIGHT SHEALY KEY EMPLOYEE 40.00 X 174317 0 0 KATHRYN A OFFERDAHL-JOYCE HIGHEST COMPENSATED 40.00 X 131690 0 0 RICHARD T CARLSON HIGHEST COMPENSATED 40.00 X 131690 0 0 TIM A HAY HIGHEST COMPENSATED 40.00 X 148400 0 0 BARTLEY LEMMON HIGHEST COMPENSATED 40.00 X 190000 0 0 MARC HATTON HIGHEST COMPENSATED 40.00 X 139200 0 0 1356088 0 758 8 0 1 0 AMR MANAGEMENT SERVICES 201 E MAIN ST STE 1405 LEXINGTON KY 40507 ASSOC MGT SERV 3109766 MERKLE INC 29432 NETWORK PLACE CHICAGO IL 606731432 PROF. SERVICES 386315 SCIQUEST INC PO BOX 952218 DALLAS TX 75395 PROF. SERVICES 179565 3 CONTRACTS 900099 18878449 18878449 FEES 900099 475950 475950 MEMBERSHIP DUES 900099 67308 67308 PUBLICATIONS 451211 14531 14531 19436238 888975 888975 23952479 22902740 1049739 1049739 1049739 21374952 20485977 0 888975 581617 581617 1725602 1725602 138577 138577 3052802 3052802 190967 190967 6605 6605 94740 94740 18491 18491 470210 312690 157520 91107 36443 54664 397186 397186 1278433 1022746 255687 2225880 1268933 956947 16399 1640 14759 CONTRACTS 3789465 3789465 PROFESSIONAL DEVELOPMEN 1121590 1121590 STATE PROCUREMENT LAW I 199038 199038 GIFTS AND AWARDS 145396 145396 482726 257818 224908 16026831 8552945 7473886 0 170310 387696 35961811 54855950 399991 28520578 15181184 93602 65146292 70424830 316 138175 138491 0 X 65007801 70424830 65007801 70424830 65146292 70424830 X 5348121 424010 -355102 X X 0 1 X 1 0 X 381225 445525 338000 70800 67308 1302858 14786622 16315625 17318433 19304683 19368930 87094293 15167847 16761150 17656433 19375483 19436238 88397151 0 0 0 88397151 826939 1296761 1084284 936744 888975 5033703 826939 1296761 1084284 936744 888975 5033703 15994786 18057911 18740717 20312227 20325213 93430854 0.94610 0.94300 0.05390 0.05700 X 0 X 21798962 424010 424010 21374952 0 21374952 16026831 0 16026831 0 16026831 PART X, LINE 2: THE ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSTIONS AND, ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS OR POSSIBLE RELATED INTEREST OR PENALTIES. X X X X 0 0 0 0 0 0 0 0 0 DOUGLAS G RICHINS CEO-NASPO VP 217300 0 0 0 0 0 0 0 0 0 217300 0 0 0 LINDLE HATTON CEO-NASPO 223491 0 0 0 0 0 0 0 758 0 224249 0 0 0 ROBERT VOIGHT SHEALY KEY EMPLOYEE 174317 0 0 0 0 0 0 0 0 0 174317 0 0 0 BARTLEY LEMMON HIGHEST COMPENSATED 190000 0 0 0 0 0 0 0 0 0 190000 0 0 0 MARC HATTON SON 139200 COMPENSATION 0 FORM 990, PART VI, SECTION A, LINE 3 NASPO OUTSOURCES SOME OPERATIONAL FUNCTIONS TO AMR MANAGEMENT SERVICES AND IN 2017 EMPLOYED A STAFF OF 4, INCLUDING LINDLE HATTON AS CEO. NASPO VALUEPOINT ALSO OUTSOURCES SOME OPERATIONAL FUNCTIONS TO AMR MANAGEMENT SERVICES AND EMPLOYS A STAFF OF 16, INCLUDING DOUG RICHINS AS CEO. AMR MANAGEMENT SERVICES IS A FULL-SERVICE ASSOCIATION MANAGEMENT COMPANY ACCREDITED BY THE AMC INSTITUTE. FORM 990, PART VI, SECTION A, LINE 4 IN JUNE 2017, THE NASPO VALUEPOINT BOARD APPROVED INCREASING THE PERCENTAGE OF EXCESS REVENUE SHARED WITH NASPO FROM 50% TO 75%. THE PERCENTAGE CAN BE RE-EVALUATED BY THE MANAGEMENT WHENEVER THEY DEEM SO. THIS CHANGE WILL AFFECT THE PERCENTAGE OF EXCESS 2017 REVENUE TO BE SHARED WITH NASPO IN 2018; PAYABLE NO LATER THAN MARCH 30TH. FORM 990, PART VI, SECTION A, LINE 6 NASPO IS A NON-STOCK, NONPROFIT ASSOCIATION WITH DUES PAYING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A NASPO HOLDS AN ANNUAL ELECTION PROCESS WHEREBY MEMBERS OF THE ASSOCIATION ARE NOMINATED BY THEIR PEERS OR CAN NOMINATE THEMSELVES TO SERVE ON THE GOVERNING BODY BY THE MEMBERSHIP AT THE ANNUAL BUSINESS MEETING OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B NASPO'S BYLAWS DEFINE DECISIONS WHICH REQUIRE APPROVAL BY MEMBERS. MEMBERS MAY APPROVE THESE DECISIONS AT THE ANNUAL BUSINESS MEETING, SPECIAL MEETINGS AND BY ELECTRONIC VOTING METHODS. FORM 990, PART VI, SECTION B, LINE 11B UPON TAX PREPARER COMPLETION OF IRS FORM 990, THE FORM AND ACCOMPANYING SCHEDULES SHALL BE REVIEWED BY THE NASPO AND NASPO VALUEPOINT CHIEF EXECUTIVE OFFICERS. UPON THEIR APPROVAL, AN ELECTRONIC COPY OF THE FORM AND ACCOMPANYING SCHEDULES SHALL BE PROVIDED TO THE JOINT AUDIT COMMITTEE AND NASPO BOARD OF DIRECTORS, ALONG WITH INSTRUCTIONS FOR PROVIDING COMMENTS AND QUESTIONS, IF ANY. A TWO-WEEK TIMEFRAME SHALL BE PROVIDED FOR COMMENTS OR QUESTIONS. QUESTIONS OR OTHER MATTERS THAT ARISE DURING THE REVIEW PERIOD SHALL BE ADDRESSED PROMPTLY. FOLLOWING THE TWO-WEEK REVIEW PERIOD, IF NO ADDITIONAL, UNANSWERED CONCERNS ARE IDENTIFIED, THE FILING VERSION OF THE FORM 990 AND ACCOMPANYING SCHEDULES SHALL BE PROVIDED TO THE NASPO SECRETARY/TREASURER FOR AUTHORIZING SIGNATURE AND SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL INTERESTED PERSONS, WHICH INCLUDE ANY MEMBER OF THE BOARD OF DIRECTORS, A PRINCIPAL OFFICER, OR A MEMBER OF A COMMITTEE WITH GOVERNING BODY DELEGATED POWERS, ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO COMPLETE AND SIGN AN ACKNOWLEDGMENT AND DISCLOSURE OF ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. ALL COMPLETED FORMS ARE REVIEWED BY THE NASPO PRESIDENT AS DEFINED IN THE POLICY. A CONFLICT OF INTEREST IS A TRANSACTION OR RELATIONSHIP, WHICH PRESENTS OR MAY PRESENT A CONFLICT BETWEEN INTERESTED PERSON'S OBLIGATIONS TO NASPO AND THAT PERSON'S PERSONAL, BUSINESS, OR OTHER INTEREST. PROCEDURE FOR ADDRESSING A CONFLICT OF INTEREST: THE INTERESTED PERSON(S) MAY MAKE A PRESENTATION TO THE BOARD OF DIRECTORS, BUT, AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE OF THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE PRESIDENT SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILLIGENCE, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER NASPO CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THEN THE BOARD OF DIRECTORS SHALL DETERMINE BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN NASPO'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE IN CONFORMITY WITH THIS DETERMINATION. THE BOARD OF DIRECTORS SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 DURING 2017, NASPO CREATED A TASKFORCE FOR THE RECRUITMENT, EVALUATION OF APPLICATIONS SUBMITTED, AND TO MAKE RECOMMENDATIONS TO THE BOARD FOR THE NEW POSITIONS OF CHIEF EXECUTIVE OFFICER (CEO) AND CHIEF LEARNING OFFICER (CLO). THE TASK FORCE ALSO PERFORMED A RESEARCH / ASSESSMENT PROCESS FOR THE CEO AND CLO SALARIES. THE TASK FORCE RECOMMENDATION WAS PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL. DURING 2017, NASPO VALUEPOINT'S EXECUTIVE COMMITTEE AND THE CEO SEARCH/COMPENSATION COMMITTEE APPOINTED BY THE BOARD, REVIEWED AND UPDATED A CEO COMPENSATION STUDY THAT WAS COMMISSIONED BY NASPO VALUEPOINT A FEW YEARS EARLIER WHEN NASPO VALUEPOINT HIRED A CEO. THE STUDY COMPARED SALARIES AND BENEFITS OF SIMILAR SIZED NONPROFIT ORGANIZATIONS IN TERMS OF NUMBER OF EMPLOYEES, REVENUE/MEMBER DUES, ORGANIZATIONAL STRUCTURE, DUTIES AND RESPONSIBILITIES OF THE CEO, ETC. THE CEO SEARCH/COMPENSATION COMMITTEE PRESENTED ITS RECOMMENDATIONS TO THE NASPO EXECUTIVE COMMITTEE WHERE IT WAS DISCUSSED AND DELIBERATED. THE EXECUTIVE COMMITTEE THEN MADE ITS RECOMMENDATION (INCLUDING THE CEO SEARCH COMMITTEE'S RECOMMENDATION) TO THE NASPO BOARD WHERE FURTHER DISCUSSION AND DELIBERATIONS OCCURRED AND THE FINAL HIRING AND COMPENSATION DECISION WAS MADE. FURTHER, DURING THE PRESENTATION OF NASPO VALUEPOINT'S 2018 BUDGET, A 3% COST OF LIVING INCREASE WAS INCLUDED IN THE BUDGET FOR ALL EMPLOYEES OF NASPO VALUEPOINT. THE BOARD VOTED TO APRPOVE AS PRESENTED. AS A KEY EMPLOYEE, THIS DID NOT INCLUDE THE CEO. A SEPARATE MOTION WAS MADE AND SECONDED TO APPROVE A 3% SALARY INCREASE IN THE CEO'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 POSTS PAST THREE YEARS' FORM 990S TO THE ORGANIZATION'S WEBSITE, ALSO POSTS AN ACKNOWLEDGMENT OF THE ORGANIZATION'S COMPLIANCE WITH THE IRS CODE FOR PUBLIC INSPECTION REQUIREMENTS, WITH INSTRUCTIONS FOR CONTACTING THE ORGANIZATION'S HEADQUARTERS TO ARRANGE IN- PERSON INSPECTION AND/OR FURNISH COPIES ON REQUEST, INCLUDING FORM 1023, FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: CHANGE IN ACCOUNTING PRINCIPLE -355,102. PART XII, LINE 1 DURING THE YEAR ENDED DECEMBER 31, 2017, THE BOARD OF DIRECTORS ELECTED TO MODIFY NASPO'S ACCOUNTING FRAMEWORK TO BE MORE CONSISTENT WITH A CASH BASIS ENTITY. THE MODIFICATION REMOVED PREVIOUS ADJUSTMENTS FOR PREPAID EXPENSES, PAYROLL LIABILITIES, AND DEFERRED INCOME. NASPO ELECTED THIS MODIFICATION TO IMPROVE BUDGETING PROCESSES AND PERFORMANCE MONITORING. NET ASSETS AS OF THE BEGINNING OF THE YEAR HAVE BEEN RESTATED TO INCLUDE ONLY CASH AND INVESTMENTS. THE EFFECT OF THIS MODIFICATION WAS TO INCREASE THE BEGINNING NET ASSETS OF NASPO BY $28,110 AND TO DECREASE THE BEGINNING NET ASSETS OF NASPO VALUEPOINT BY $383,212. NASPO VALUEPOINT 201 E MAIN ST STE 1405 LEXINGTON KY 40507 800881401 MANAGE NATIONAL COOPERATIVE PURCHASING PROGRAM KY 19906775 51429749 NASPO NASPO VALUEPOINT 201 E MAIN ST STE 1405 LEXINGTON KY 40507 800881401 MANAGE NATIONAL COOPERATIVE PURCHASING PROGRAM KY 501(C)(3) LINE 10 NASPO 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NASPO VALUEPOINT C 6661899 50% OF 2016 NET INCOME