2018-07-13T08:39:03-05:00 2017-08-31 521855942 Tate and Tryon 2021 L Street NW Suite 400 Washington DC 20036 990 2016-09-01 521300485 ASAE FOUNDATION ASAE 2023269550 1575 I STREET WASHINGTON DC 20005 JOHN H GRAHAM IV PRESIDENT/CEO 2023269550 2018-07-13 1 Deborah G Kosnett P00290720 2022932200 2018-07-10 2016 2022-09-23 18:48:47Z JOHN H GRAHAM IV 1575 I STREET WASHINGTON DC 20005 17236345 0 X WWW.asaecenter.ORG X 1983 DC THE ASAE FOUNDATION IS PRIMARILY FOCUSED ON ADVANCING KNOWLEDGE IN ASSOCIATION MANAGEMENT BY CONDUCTING RESEARCH IN AREAS THAT NO ONE ASSOCIATION CAN UNDERTAKE ON ITS OWN, DEVELOPING EXISTING AND NEW PROFESSIONALS WHO WILL LEAD THE PROFESSION OF ASSOCIATION MANAGEMENT INTO THE FUTURE AND HELPING ASSOCIATIONS BECOME MORE INNOVATIVE. 10 10 0 10 4434 0 3976563 883510 84908 150 2012535 2877811 243697 137827 6317703 3899298 41300 74141 0 0 0 0 0 0 542921 2658426 2624949 2699726 2699090 3617977 1200208 27416484 29802474 6666879 8163330 20749605 21639144 X The ASAE Foundation is primarily focused on advancing knowledge in association management and leadership by conducting research in areas that no one association can undertake on its own and helping associations become more innovative. With the help of ASAE members and friends of the association community, the Foundation maintains a rigorous research agenda that supports the knowledge to equip the next generation of association leaders. 0 0 1649499 74141 150 Research - The Foundation's Research Department advances knowledge in non-profit management by providing resources that will help leaders focus on critical factors to enhance their organizations. The Foundation implements and facilitates the application of research findings by executives and boards through rigorously designed secondary, qualitative and quantitative methods. Thought provoking research has been produced on membership, volunteerism, fundraising, and the economy. 1649499 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 14 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 X 10 10 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X heidi ellis robey 2026262723 1575 I Street NW Washington DC 20005 Matthew R Shay CAE chair 1.00 2.00 X X 0 0 0 Sal Martino FASAE CAE secretary-treasurer 1.00 2.00 X X 0 0 0 Debra S BenAvram FASAE CAE board member 1.00 2.00 X 0 0 0 Patricia V Blake FASAE CAE board member 1.00 2.00 X 0 0 0 Stephen J Caldeira Board Member 1.00 2.00 X 0 0 0 David Gammel CAE Board Member 1.00 2.00 X 0 0 0 Matt Loeb CGEIT FASAE CAE board member 1.00 2.00 X 0 0 0 Dawn M Sweeney FASAE board member 1.00 2.00 X 0 0 0 Mark Vaughan board member 1.00 2.00 X 0 0 0 Scott D Wiley FASAE CAE board member 1.00 2.00 X 0 0 0 JOHN GRAHAM IV President & CEO, ASAE 1.00 36.50 X 0 2304516 323403 HEIDI ROBEY VP of Finance & CFO, ASAE 2.75 34.75 X 17047 215418 33038 SUSAN ROBERTSON President, ASAE Foundation 15.00 22.50 X 213292 319938 66303 ROBERT SKELTON Chief Administrative Officer, ASAE 3.25 34.25 X 21426 225793 53943 REGINALD HENRY Chief Information Officer, ASAE 3.50 34.00 X 23606 229322 40139 JOHN ROBERT EDWARD LEE IV Chief Marketing & Comm Officer, ASAE 1.50 36.00 X 8737 209682 23981 SHARON MOSS Chief Research Officer, ASAE 33.75 3.75 X 166735 18526 25493 STEPHEN PEELER VP, Development, ASAE Foundation 37.50 0.00 X 156153 0 27028 AMY LEDOUX Sr VP, Meetings & Expositions, ASAE 1.50 36.00 X 7603 182481 23147 KEITH SKILLMAN VP, Pubs & Knowledge Integ, asae 20.75 16.75 X 71071 57372 32013 PAMELA TROOP Dir, Mtgs Ops & Special Events, asae 1.50 36.00 X 4885 117243 33276 SOURI JAHANMIR Dir, Revenue & Collections, asae 3.00 34.50 X 9406 108163 13941 LARRY COVERT Sr Dir, Information Technology, asae 3.50 34.00 X 10777 104690 14969 710738 4093144 710674 3 0 1 0 Signature i LLC 1214 W Abingdon Drive Alexandria VA 22314 Research 140500 1 264166 182815 436529 883510 PROFESSIONAL DEVELOPMENT 900099 150 150 150 990193 990193 1019 1019 14977734 13090116 1887618 1887618 1887618 350010 264166 246931 103079 103079 PASSTHROUGH PARTNERSHIP INCOME 900099 33729 4434 29295 33729 3899298 150 4434 3011204 X 74141 74141 105569 67027 38542 365479 364300 1179 58130 16266 41864 36002 8197 2824 24981 59510 19148 68 40294 24806 11548 4118 9140 Personnel Salary Alloca 930996 527269 236419 167308 Overhead Allocation 867141 460825 184304 222012 Personnel Benefit Alloc 155408 87953 39691 27764 donor recognition award 6929 425 6504 14979 12825 279 1875 2699090 1649499 506670 542921 382461 374964 137503 308988 14216 15 265363 265363 0 0 26882304 29118507 27416484 29802474 206301 123428 15885 4440 6444693 8035462 6666879 8163330 X 20589818 21489782 159787 149362 20749605 21639144 27416484 29802474 X 1200208 -276940 -33729 X X 0 1 X 1 0 X 567805 797320 1026525 3976563 883510 7251723 567805 797320 1026525 3976563 883510 7251723 3473603 3778120 747775 996498 1569201 1100363 1000212 5414049 117557 29295 146852 12812624 1984661 0.29490 0.29990 X ASAE FOUNDATION WAS ESTABLISHED TO ADVANCE KNOWLEDGE IN ASSOCIATION MANAGEMENT BY CONDUCTING RESEARCH IN AREAS THAT NO ONE ASSOCIATION CAN UNDERTAKE ON ITS OWN, DEVELOPING EXISTING AND NEW PROFESSIONALS WHO WILL LEAD THE PROFESSION OF ASSOCIATION MANAGEMENT INTO THE FUTURE, AND HELPING ASSOCIATIONS BECOME MORE INNOVATIVE. The Foundation's Research Department advances knowledge in non-profit management by providing resources that help leaders focus on critical factors to enhance their organizations. The Foundation implements and facilitates the application of research findings by executives and boards through rigorously designed secondary, qualitative and quantitative methods. THE FOUNDATION ACTIVELY SEEKS TO EXPAND ITS BASE OF CONTRIBUTIONS AND THE ACTIVITIES OF THE FOUNDATION DO NOT DIRECTLY BENEFIT A NARROW POPULATION OF CONTRIBUTORS, BUT THE GENERAL PUBLIC. Schedule A, Part II, Line 10, Explanation of Other Income: pass-through partnership income - 2015 Amount: $ 117,557. 2016 Amount: $ 29,295. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12299469 150 1559776 614570 13244825 12068388 55000 833620 657539 12299469 12921122 -414594 438140 12068388 11154750 2279635 513263 12921122 10317998 1404827 568075 11154750 1.00000 0.00000 0.00000 0 0 265363 265363 0 0 due to affiliates 8035462 8035462 3835560 -276940 -276940 4112500 -213202 -213202 3899298 2946021 246931 246931 2699090 0 2699090 Part V, Line 4: This is a board-designated fund, the corpus of which is to remain intact, and the investment income used for research benefiting the association community. The guidelines for the spending of Endowment funds in support of research in any budget year shall be recommended by the Investment Advisor and presented to the Investment Subcommittee for discussion based on portfolio returns as of December 31st for the three years prior to the upcoming budget year. The recommendation will be made prior to preparation of the budget, which will be proposed based on the anticipated program of work for the upcoming year and the recommended spending guidance. The board will approve the spending guidance and budget together as part of the annual budget approval process. It is anticipated that the annual recommendation would fall in the range of 3-6%, with an expectation of 4-4.5%. Part XI, Line 4b - Other Adjustments: PASS-THROUGH INCOME FROM K-1S 33,729. special event expense -246,931. Part XII, Line 2d - Other Adjustments: special event expense 246,931. The Classic 304550 139775 164775 20613 6722 Annual Mtg Golf Tournament 90535 52855 37680 4231 20713 34604 6 219091 71536 147555 11611 28295 59976 60166 614176 264166 350010 15842 69621 59976 101492 246931 103079 1 American Industrial Hygiene Association 3141 Fairview Park Drive 777 Falls Church VA 22042 381618683 501(c)(6) 11099 Industrial Hygiene ProPath Project American Institute of Certified Public Accountants 220 Leigh Farm Road Durham NC 27707 130432265 501(c)(6) 11399 Creating a Knowledge sharing Platform to Accelerate Innovation in Accounting and Finance Institute of Food Technologists 525 West Van Buren 1000 Chicago IL 60607 362136957 501(c)(3) 11099 Go With Purpose Global Challenge: Elevating Student Engagement through Global Collab National Court Reporters Foundation 12030 Sunrise Valley Drive Suite 400 Reston VA 20191 541153729 501(c)(3) 11299 Hard-of-Hearing Heroes Project Events Industry Council 2025 M Street NW Suite 800 Washington DC 20036 521579652 501(c)(6) 25000 Economic Impact Study Sponsor 2 3 Part I, Line 2: The Foundation requires Interim Progress reports and final project reports from award recipients. In addition, the Foundation keeps records of all award acceptance forms. 0 1 0 1 1 1 1 0 0 JOHN GRAHAM IV President & CEO, ASAE 0 769081 0 170014 0 1365421 0 271579 0 63284 0 2639379 0 1183113 HEIDI ROBEY VP of Finance & CFO, ASAE 13465 170150 2256 28514 1326 16754 2282 28831 627 7921 19956 252170 0 0 SUSAN ROBERTSON President, ASAE Foundation 163098 244647 40489 60734 9705 14557 17397 26094 11698 17546 242387 363578 0 0 ROBERT SKELTON Chief Administrative Officer, ASAE 18312 192976 2395 25245 719 7572 3008 31698 2329 24541 26763 282032 0 0 REGINALD HENRY Chief Information Officer, ASAE 21039 204382 2378 23102 189 1838 2577 25036 2060 20013 28243 274371 0 0 JOHN ROBERT EDWARD LEE IV Chief Marketing & Comm Officer, ASAE 7751 186017 940 22560 46 1105 930 22327 314 7531 9981 239540 0 0 SHARON MOSS Chief Research Officer, ASAE 134881 14986 17064 1896 14790 1644 19041 2116 6054 673 191830 21315 0 0 STEPHEN PEELER VP, Development, ASAE Foundation 123980 0 31596 0 577 0 19478 0 9032 0 184663 0 0 0 AMY LEDOUX Sr VP, Meetings & Expositions, ASAE 6605 158531 958 23002 40 948 911 21857 235 5633 8749 209971 0 0 KEITH SKILLMAN VP, Pubs & Knowledge Integ, asae 66948 54043 3552 2868 571 461 8425 6801 12422 10028 91918 74201 0 0 PAMELA TROOP Dir, Mtgs Ops & Special Events, asae 4650 111601 193 4627 42 1015 633 15186 1157 27756 6675 160185 0 0 Part I, Line 3 THE FOUNDATION'S CEO IS ALSO CEO OF, AND AN EMPLOYEE OF, THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES, A RELATED SECTION 501(C)(6) ORGANIZATION. ACCORDINGLY, HIS COMPENSATION, WHILE DETERMINED BY ASAE, TAKES INTO ACCOUNT BOTH ASAE AND THE FOUNDATION'S MISSIONS AND GOALS. THE ASAE & THE FOUNDATION COMPENSATION PROGRAM IS TARGETED TO PROVIDE COMPETITIVE TOTAL COMPENSATION LEVELS (INCLUDING BOTH ANNUAL CASH COMPENSATION AND SUPPLEMENTAL BENEFITS) FOR HIGHLY COMPETITIVE PERFORMANCE. COMPENSATION IS BENCHMARKED AGAINST DATA DEVELOPED BY INDEPENDENT CONSULTANTS USING SURVEYS COMPRISED OF ORGANIZATIONS WITH SIMILAR INDIVIDUAL MEMBERSHIP AND GENERAL NON-PROFIT ORGANIZATIONS, BOTH REGIONAL AND NATIONAL. THESE ORGANIZATIONS ARE SIMILAR TO ASAE & THE FOUNDATION IN MAGNITUDE, COMPLEXITY, AND SCOPE OF RESPONSIBILITY, AND THEY ARE REPRESENTATIVE OF THE VARIOUS MARKETS IN WHICH ASAE & THE FOUNDATION COMPETE FOR TALENT. TOTAL CASH COMPENSATION IS TARGETED AT THE COMPETITIVE RANGE OF 85% - 115% OF THE 75TH PERCENTILE OF DEVELOPED MARKET RATES, DEPENDING ON TENURE AND EXPERIENCE OF THE CEO. CONSISTENT WITH THIS STRATEGY, THE FOLLOWING PRINCIPLES PROVIDE A FRAMEWORK FOR ASAE & THE FOUNDATION'S EXECUTIVE COMPENSATION PROGRAM: -- TOTAL ANNUAL CASH COMPENSATION (CONSISTING OF BASE PAY AND A VARIABLE, AT-RISK INCENTIVE) IS POSITIONED AT 85% - 115% OF THE 75TH PERCENTILE OF DEVELOPED MARKET RATES; -- THE MIX OF TOTAL COMPENSATION ELEMENTS WILL REFLECT COMPETITIVE MARKET REQUIREMENTS AND STRATEGIC BUSINESS NEEDS; -- COMPENSATION IS LINKED TO BOTH QUALITATIVE AND BEHAVIORAL EXPECTATIONS, AND KEY OPERATIONAL AND STRATEGIC METRICS; AND -- COMPENSATION WILL BE DIFFERENTIATED ON THE FOLLOWING BASIS: BASE PAY - ON RELATIVE RESPONSIBILITY; ANNUAL INCENTIVES - ON PERFORMANCE; AND SUPPLEMENTAL BENEFITS - ON LONG-TERM PERFORMANCE. BASE PAY -- DETERMINED BY INDIVIDUAL PERFORMANCE AND COMPARISONS TO SIMILAR POSITIONS IN INDIVIDUAL MEMBERSHIP AND GENERAL NON-PROFIT ORGANIZATIONS. PAY IS ESTABLISHED BASED ON JOB RESPONSIBILITY, LEVEL OF EXPERIENCE, INDIVIDUAL CONTRIBUTION TO THE BUSINESS, ANALYSES OF COMPETITIVE INDUSTRY PRACTICE AND VARIOUS OTHER QUALITATIVE AND QUANTITATIVE PERFORMANCE FACTORS. Part I, Line 4b JOHN GRAHAM IV: -SERP CONTRIBUTION: $250,000 (VIA RELATED ORGANIZATION ASAE) -SERP PAYMENTS: $1,183,113 (VIA RELATED ORGANIZATION ASAE) Part I, Line 5 THE FOUNDATION'S CEO IS ALSO CEO OF THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES, A RELATED SECTION 501(C)(6) ORGANIZATION. THE CEO'S COMPENSATION, ACCORDINGLY, IS DETERMINED THROUGH A PROCESS CONDUCTED BY ASAE. THAT PROCESS IS AS FOLLOWS: THE CEO'S ANNUAL INCENTIVE AMOUNT IS DETERMINED BASED ON THE MARKET PRACTICES OF THE COMPARABLE GROUP AS DESCRIBED IN THE ANSWER (ON ASAE'S FORM 990) TO PART VI, QUESTION 15. THE ANNUAL INCENTIVE AWARD IS BASED ON THE ACHIEVEMENT OF PREDETERMINED FINANCIAL, STRATEGIC, BUSINESS, AND INDIVIDUAL GOALS OF BOTH ASAE AND THE FOUNDATION. THE PRIMARY QUANTITATIVE FACTORS REVIEWED BY THE BOARD OF DIRECTORS INCLUDE AS FINANCIAL MEASURES NET INCOME, REVENUE, TOTAL MEMBERSHIP, AND ACHIEVEMENT OF OTHER BOARD PRIORITIES AS DEFINED EACH YEAR BY THE BOARD OF DIRECTORS. ANNUAL INCENTIVE PAY IS NOT DETERMINED AS A SPECIFIC PERCENTAGE OF REVENUES; RATHER, REVENUES ARE UTILIZED AS MERELY ONE FACTOR WITH REGARD TO OVERALL PERFORMANCE. Part I, Line 6 THE FOUNDATION'S CEO IS ALSO CEO OF THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES, A RELATED SECTION 501(C)(6) ORGANIZATION. THE CEO'S CONTINGENT COMPENSATION, ACCORDINGLY, IS DETERMINED THROUGH A PROCESS CONDUCTED BY ASAE. THAT PROCESS IS AS FOLLOWS: THE CEO'S TARGET ANNUAL INCENTIVE AMOUNT IS DETERMINED BASED ON THE MARKET PRACTICES OF THE COMPARABLE GROUP AS DESCRIBED IN THE ANSWER (ON ASAE'S FORM 990) TO PART VI, QUESTION 15. THE ANNUAL INCENTIVE AWARD IS BASED ON THE ACHIEVEMENT OF PREDETERMINED FINANCIAL, STRATEGIC, BUSINESS, AND INDIVIDUAL GOALS OF BOTH ASAE AND THE FOUNDATION. THE PRIMARY QUANTITATIVE FACTORS REVIEWED BY THE BOARD OF DIRECTORS INCLUDE AS FINANCIAL MEASURES NET INCOME, REVENUE, TOTAL MEMBERSHIP, AND ACHIEVEMENT OF OTHER BOARD PRIORITIES AS DEFINED EACH YEAR BY THE BOARD OF DIRECTORS. ANNUAL INCENTIVE PAY IS NOT DETERMINED AS A SPECIFIC PERCENTAGE OF NET EARNINGS; RATHER, NET EARNINGS ARE UTILIZED AS MERELY ONE FACTOR WITH REGARD TO OVERALL PERFORMANCE. Form 990, Part VI, Section A, line 1 ASAE Foundation has an executive committee, which consists of the officers of the Foundation and the Chair of the board of ASAE. It may act in the place of the board of directors when authority is designated by the board or in emergency matters where executive committee action is temporary and subject to ratification by the board. Form 990, Part VI, Section A, line 7a Foundation directors other than ex-officio Directors are nominated by the Leadership Committee of the American Society of Association Executives (ASAE) and elected by the Board of Directors of ASAE. Form 990, Part VI, Section A, line 7b The approval of the American Society of Association Executives (ASAE) Board of Directors is required, should The Foundation wish to separate from ASAE or take major steps toward such separation. Form 990, Part VI, Section B, line 11b The 990 returns are prepared by the 3rd party preparer working with the CFO and Director of Finance. Once the CFO is comfortable with the completeness and accuracy of the document, it is provided to the CEO for review and is uploaded into a secure restricted software application that is used to distribute board materials for a period of not less than 5 days prior to filing. Board members are notified that this document is available, for how long and when the return will be filed. The return will be filed as presented if no further adjustments are warranted. The board will receive notification of any additional changes prior to filing. The return is then signed by the CEO and filed appropriately. Form 990, Part VI, Section B, line 12c Each Board Member and Executive Staff Member is required to annually complete and submit a Disclosure Form detailing any such 'other interests.' The individual also must update the Disclosure Form if any material changes or additions to the submitted information arise during the course of the year. A checklist is maintained and follow up is done until all forms are returned. Once all forms are received, the CEO reviews the disclosures. Any affirmative response deemed unusual or which may appear to constitute an actual, potential or apparent conflict of interest is referred to the Audit committee for determination. The Audit Committee may seek the guidance of counsel and make such determination without the presence of the individual whose involvement in such transaction or relationship is under consideration. The Audit Committee may conclude that this determination should be made by the full Board of Directors of ASAE, The Foundation, or ABSI, and the matter shall be referred to the appropriate Board (with or without a recommendation from the Audit Committee) for its consideration, deliberation and resolution, with the assistance of legal counsel and without the presence of the individual whose involvement in such transaction or relationship is under consideration. The appropriate Board shall have final authority over the resolution of all conflict of interest matters involving the members of such Board. If the Audit Committee believes that a particular relationship or transaction may represent an actual, potential or apparent conflict of interest, it shall first request additional information from the individual in question detailing the nature of the relationship or transaction. When evaluating whether a particular transaction or relationship constitutes an actual, potential or apparent conflict of interest, the Audit Committee shall consider the following (non-exhaustive) factors: --Abusing one's role for personal or third-party gain or pleasure (including, but not limited to, the solicitation or acceptance of gifts or other items of value or indirect inducement to provide special treatment on organization matters.) -- Placing one's own self-interest, the interest of one's company, organization or another entity for which the individual serves in a leadership, employment, or ownership capacity, or the interest of any third party above that of ASAE, The Foundation, or ABSI. -- Engaging in any outside business, professional, or other activities that would directly or indirectly materially adversely affect ASAE, The Foundation, or ABSI. --Providing goods or services to ASAE, The Foundation, or ABSI as a paid vendor. If the Audit Committee determines that a particular relationship or transaction represents an actual, potential or apparent conflict of interest, it (or the appropriate Board, if the matter has been referred to the Board) shall resolve such actual, potential or apparent conflict in one of the following manners: (1) Waive the actual, potential or apparent conflict as unlikely to affect the individual's ability to act in the best interests of the organization; (2) Determine that the individual should be recused from all deliberations and decision-making related to the particular transaction which gives rise to the actual, potential or apparent conflict. This resolution should apply particularly when the transaction or relationship is one that presents a conflict only with respect to one or two discrete programs or activities. For example, if an individual Board member also works for a company that produces an educational program that competes with one or two discrete programs of ASAE, The Foundation, or ABSI, the Audit Committee or relevant Board may determine that the Board member should be recused from all deliberations and voting related to such program(s) (both at the outset and on an ongoing basis), but that the Board member need not resign his/her seat on the Board. (3) Determine that the individual must resign from his/her service to ASAE, The Foundation, or ABSI because the actual, potential or apparent conflict is so pervasive that the individual would seldom, if ever, likely be able to act in the best interests of the organization. For example, if an individual Board member also works for a company that produces educational programs that compete with most of the educational programs of The Foundation, the Audit Committee or Foundation Board may determine that the individual should resign from the Foundation Board. (4) The special procedure below is applicable to all instances in which a individual (or the individual's company, organization or another entity for which the individual serves in a leadership, employment or ownership capacity, or a member of the individual's family) seeks to provide goods or services to ASAE, The Foundation, or ABSI as a paid vendor, or seeks to receive a significant grant or contract from one of the three organizations. This procedure shall not apply to pre-existing relationships with individuals that previously have been disclosed to, and waived by, the Audit Committee or the Board of the relevant organization. (a) The individual must disclose to the applicable Chairman in advance of any related action to be taken by the Board his/her intent to seek to provide goods or services as a paid vendor to ASAE, The Foundation, or ABSI, or to receive a grant or contract from one of the three organizations; (b) The individual must recuse himself/herself from all deliberations and voting related to the contemplated action; (c) If the value of the transaction exceeds $5,000, ASAE, The Foundation, or ABSI must, through a request for proposal process, have solicited proposals broadly from other qualified vendors / prospective grant or contract recipients and received (or attempted to receive) written bids from at least three such individuals / entities (including the individual in question); (d) The Board must determine (without the presence or participation of the individual) that the transaction is fair and in the best interests of ASAE, The Foundation, or ABSI based on all of the facts and circumstances, and such determination (including the fact that it was made in the absence of the individual) shall be documented as part of the relevant meeting minutes (all competing bids received shall be retained as well); and (e) If selected, the individual may not participate in any process by which his/her performance as a vendor / grant or contract recipient is evaluated. Form 990, Part VI, Section B, line 15a The Foundation is staffed by ASAE employees. ASAE's compensation policy is defined in its board policy manual, and consists of the following: President & CEO Performance Evaluation and Compensation: This responsibility is vested with the ASAE Board of Directors. The ASAE Board of Directors is charged with ensuring that the annual evaluation is conducted and compensation established. A Compensation Committee consisting of the Immediate Past Chairman of the Board, Chairman of the Board, the secretary/treasurer, and Chairman-Elect will recommend compensation levels to the ASAE Board of Directors. In addition, the President and CEO's annual objectives are approved by the ASAE Board of Directors. It is these agreed upon objectives that are used to evaluate performance each year. CEO Compensation Philosophy The compensation package, viewed as a whole, should promote performance-based results linked to the achievement of ASAE & The Foundation's mission and strategic goals. The compensation program should encourage an entrepreneurial and member service environment in collaboration with the volunteer leadership to determine, guide, and oversee the execution of ASAE & The Foundation's strategic goals and mission. Given the unique set of skills needed to accomplish the mission and goals set forth above, the total compensation -- direct and indirect -- should be targeted above the market median, yet be demonstrably reasonable relative to the total compensation offered by organizations comparable to ASAE & The Foundation. The compensation philosophy should be reviewed periodically to ensure that it continues to be aligned with ASAE's strategic direction and financial limits and continues to be both reasonable and competitive. CEO Compensation Practices The ASAE & The Foundation compensation program is targeted to provide competitive total compensation levels (including both annual cash compensation and supplemental benefits) for highly competitive performance. Compensation is benchmarked against data developed by independent consultants using surveys comprised of organizations with similar individual membership and general non-profit organizations, both regional and national. These organizations are similar to ASAE in magnitude, complexity, and scope of responsibility, and they are representative of the various markets in which ASAE competes for talent. Total cash compensation is targeted at the competitive range of 85% - 115% of the 75th percentile of developed market rates, depending on tenure and experience of the CEO. Consistent with this strategy, the following principles provide a framework for the organization's executive compensation program: -- Total annual cash compensation (consisting of base pay and a variable, at-risk incentive) is positioned at 85% - 115% of the 75th percentile of developed market rates; -- The mix of total compensation elements will reflect competitive market requirements and strategic business needs; -- Compensation is linked to both qualitative and behavioral expectations, and key operational and strategic metrics; and -- Compensation will be differentiated on the following basis: base pay - on relative responsibility; annual incentives - on performance; and supplemental benefits - on long-term performance. Base pay -- determined by individual performance and comparisons to similar positions in individual membership and general non-profit organizations. Pay is established based on job responsibility, level of experience, individual contribution to the business, analyses of competitive industry practice and various other qualitative and quantitative performance factors. Annual Incentive -- the target annual incentive amount is determined based on the market practices of the comparator group as described above. The annual incentive award is based on the achievement of predetermined financial, strategic, business, and individual goals. The primary quantitative factors reviewed by the Board of Directors include as financial measures net income, revenue, total membership and achievement of other Board priorities as defined each year by the Board of Directors. Among the qualitative factors evaluated by the Board of Directors are progress in the achievement of the organization's short-term and long-term business goals, member satisfaction, and the effective management of ASAE & The Foundation and its human resources. Supplemental Benefits -- Under the Supplemental Benefits Plan, the Board of Directors grants deferred salary and supplemental income arrangements, benefits and perquisites subject to individual long-term performance. These awards and supplemental benefits are provided in line with competitive practices of the comparator group. The objectives for these awards are to closely align executive interests with the longer-term interests of stakeholders and to retain the skills critical to the future success of ASAE & The Foundation. ------------ Other Key Officers/Employees Under bylaw and CEO contract, the balance of staff are under the authority of CEO. Staff compensation policy decisions take into consideration ASAE's overall financial condition, equity within the organization, and competitive salary planning. ASAE's Human Resources Department is responsible for administration of and ongoing internal review of all compensation plans and policies. This compensation review helps ASAE maintain and administer a compensation plan that accurately and fairly reflects each individual's responsibilities and performance. ASAE's staff salary administration program(s) consist of the following: -- Job Evaluation - This is a systematic method of determining the value of each job within the association, including review of skills, educational prerequisites and contribution to the organization. -- Salary Structure - Positions are evaluated and positions with similar values are placed in a salary grade that is reviewed in terms of its competitiveness within the market and our organizational needs. Each grade has a minimum, which is the lowest recommended salary to be offered to an individual who meets the minimum qualifications of the position; a midpoint, representing the salary at which a fully qualified and experienced staff member who satisfactorily performs all the specifications of a position is paid within the marketplace; and a maximum, which is the upper limit of the salary range. A third party is engaged periodically to review the compensation package of the Executive Staff and/or full staff relative to base compensation, bonus and incentive programs comparative to market. -- Salary Budget and Guidelines - ASAE's annual salary budget is developed annually in order to allocate monies needed to maintain staff member salaries at competitive levels, subject to budgetary limitations. An annual merit pool is developed and approved as part of the budget cycle. The Chief Administrative Officer is responsible for the administration of the program, and all increases are subject to the approval of the CEO. Form 990, Part VI, Section C, line 19 Some governing documents are available on the website - Foundation Bylaws, Strategic Framework - what we do and our promise, Code of Conduct and Board Contact information. The Conflict of Interest Policy is currently not posted, but provided as a sample document upon request. Public inspection copies of the 990 are provided upon request. Form 990, Part IX, line 11g GOVERNANCE: Program service expenses 22,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,000. KNOWLEDGE MANAGEMENT: Program service expenses 67,630. Management and general expenses 0. Fundraising expenses 0. Total expenses 67,630. knowledge resources: Program service expenses 25,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,000. MEMBERSHIP: Program service expenses 38,635. Management and general expenses 0. Fundraising expenses 0. Total expenses 38,635. OTHER PROFESSIONAL FEES: Program service expenses 151,010. Management and general expenses 0. Fundraising expenses 1,179. Total expenses 152,189. PEER REVIEW: Program service expenses 8,295. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,295. RESEARCH: Program service expenses 51,730. Management and general expenses 0. Fundraising expenses 0. Total expenses 51,730. Form 990, Part XI, line 9: PASS-THROUGH INCOME FROM K-1S -33,729. Form 990, Part XII, Line 2C The audit oversight process has remained unchanged from the prior year. AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES 1575 I ST NW WASHINGTON DC 20005 530026940 membership organization and voice of the association profession DC 501(c)(6) 0 AM SOCIETY OF ASSN EXECUTIVES POLITICAL ACTION COMMITTEE 1575 Eye St NW WASHINGTON DC 20005 521746813 POLITICAL ACTION COMMITTEE DC 527 AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES 0 ASAE Real Estate LLC 1575 EYE STREET NW WASHINGTON DC 20005 461358619 Real Estate Broker DC N/A ASAE BUSINESS SERVICES INC 1575 eye street nw washington DC 20005 521066386 insurance and other services DC N/A C 0 ASAE INSURANCE COMPANY 1575 eye street nw Washington DC 20005 030335958 INsurance and other services DC N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 Am SOCIETY OF ASSN EXECUTIVES C 102420 Contribution & Charitable Match ASAE INSURANCE COMPANY C 50395 CONTRIBUTION AM SOCIETY OF ASSN EXECUTIVES P 200000 overhead reimbursement