2018-10-12T06:03:41-07:00 2017-12-31 990 2017-01-01 135582579 National Assn of Chain Drug Stores Inc NATI 7035493001 1776 Wilson Blvd Arlington VA 22209 David M Fitzsimmons SVP, Finance & Admin 2018-10-12 2017 2018-06-14 16:35:46Z Steven C AndersonCAEIOM 1776 Wilson Blvd Suite 200 Arlington VA 22209 43771577 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 79 50 289437 233943 0 39949930 40513415 89620 3047740 142201 209702 40181751 43770857 44971 39450 0 18406167 17844111 0 0 18764190 19065470 37215328 36949031 2966423 6821826 88636164 96796582 33143655 32242160 55492509 64554422 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 92 0 true 79 true true true false false false true true false false false false false 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 Alex Gourlay Chairman 5.00 0.00 X X 0 0 0 Mark Panzer Vice-Chairman 5.00 0.00 X X 0 0 0 Helena Foulkes Treasurer 5.00 0.00 X X 0 0 0 Richard Ashworth Director 1.00 0.00 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 RPh 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 L Giacomin 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 Paul C Julian Director 1.00 0.00 X 0 0 0 Rick Keyes Director 1.00 0.00 X 0 0 0 Christopher Lane Director 1.00 0.00 X 0 0 0 Kenneth Martindale 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 Craig C 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 Marybeth Hays Director 1.00 0.00 X 0 0 0 Martin Otto Director 1.00 0.00 X 0 0 0 Steven C AndersonCAEIOM President & CEO 39.00 1.00 X X 2055109 0 934067 David M Fitzsimmons SVP Finc/Admin 38.00 2.00 X 413337 0 58244 Don L Bell SVP General Counsel 40.00 0.00 X 596257 0 63207 Thomas O'Donnell SVP Gov't Affairs 40.00 0.00 X 470372 0 55987 Christopher P Krese SVP Communications 40.00 0.00 X 541445 0 60451 Kathleen D Jaeger SVP Pharmacy Care Patient Advocacy 25.00 15.00 X 558187 0 46929 James A Whitman SVP Member Programs/Services 40.00 0.00 X 1020553 0 56478 Terrance Arth VP Member Programs 40.00 0.00 X 337127 0 60540 Kevin Nicholson VP Regulatory Aff 40.00 0.00 X 319934 0 41897 Mary Ellen Kleiman VP Legal Affairs 40.00 0.00 X 282523 0 27615 Sandra Guckian VP State Govt Affs 40.00 0.00 X 268269 0 39350 Dawn Worthington VP Human Resources 40.00 0.00 X 259211 0 37888 Carol A Kelly Fmr SVP Govt Affairs 0.00 0.00 X 444922 0 0 7567246 1482653 45 true true false Centerplate 111 West Harbor Dr San Diego CA 92101 Convention Food/Bev 1518170 1776 Wilson 2014 LLC 13155 Noel Road Suite 500 Dallas TX 75240 Landlord 1270890 OnStage Talent Group 860 Via de la Paz F Loft Pacific Palisades CA 90272 Entertainment Broker 902348 Video West Inc 1050 N 52nd St Phoenix AZ 85008 Convention AV Svc 838715 Freeman PO Box 650036 Dallas TX 75265 Exhibit Hall Set-up 541282 29 0 Advertising 139437 139437 Conference/Trade Show 28155060 150000 28005060 Mbr Legal/Lobby support 10785 10785 Membership Dues 11967021 11967021 Research support 241112 241112 40513415 1350190 1350190 0 209367 209367 0 1698270 720 1698270 -720 1697550 1697550 0 0 0 Miscellaneous 335 335 335 43770857 12218918 289437 31262502 39450 0 0 0 6930623 0 8030978 1201934 999005 681571 0 316484 67342 1048774 0 164552 1764620 88578 413032 564233 0 1127553 544620 0 10231549 0 0 510117 172252 Library Subs & Mbr Dues 625422 Credit Card and Bank fees 565546 Coalition Sponsorship/Contribs 421879 Temporary Help 141843 297074 36949031 0 0 0 471997 248252 9367581 10808316 0 8945717 8524950 0 0 0 0 1236163 1497504 4273154 2608738 2097237 1664416 62074627 70284747 0 0 0 4442842 3768397 88636164 96796582 6731579 6819540 26412076 25422620 33143655 32242160 X 55492509 64554422 55492509 64554422 88636164 96796582 X 6821826 2240088 -1 X false true X true false false Annette Cleveland for State Senate 1111 Main St Suite 400 Vancouver WA 98660 454514627 500 Assembly Dem Caucus 2251 N Rampart Blvd 341 Las Vegas NV 89123 880205213 2000 Assembly Rep Caucus 10000 W Charleston Las Vegas NV 89135 880468266 2000 Brianne for DC 2018 PO Box 73081 Washington DC 20056 815125808 500 California Dem Party 1830 9th St / ID741666 Sacramento CA 95811 942214618 2500 California Rep Party 1001 K St 4th Floor Sacramento CA 95814 951144040 2500 Carmichael for State Representative 1475 N Lieunett St Wichita KS 67203 471043220 250 Cmte to Elect Chris Broadwater 906 West Dakota St Hammond LA 70401 452177350 500 Cmte to Elect Dina Neal 3620 N Walnut Road Las Vegas NV 89113 800490137 1000 Cmte to Elect Eileen Cody 6714 38th Avenue SW Seattle WA 98126 911646573 350 Cmte to Elect Heidi Gansert 316 California Ave 519 Reno NV 89509 475012428 2000 Cmte to Elect Irene Bustamante-Adams 3800 Reflection Way Las Vegas NV 89147 475556307 1500 Cmte to Elect Jacquelin Maycumber 127 North Wynne St Colville WA 99114 821133084 300 Cmte to Elect James Settelmeyer 770 US Highway 395 N Garderville NV 89140 465459957 2000 Cmte to Elect Joe Hardy 410 S Minnesota St Carson City NV 89703 810555112 1000 Cmte to Elect Kelvin Atkinson 4165 Fuselier Dr N Las Vegas NV 89032 200776115 2000 Cmte to Elect Maggie Carlton 5540 East Carwright Ave Las Vegas NV 89110 880467508 1000 Cmte to Elect Mo Denis 3204 Osage Ave Las Vegas NV 89101 460602094 1500 Cmte to Elect Phillip DeVillier PO Box 409 Eunice LA 70535 473760037 500 Cmte to Elect Stephen Dwight 1400 Ryan St Lake Charles LA 70601 472860517 500 Concannon For State Representative 921 N Mill Beloit KS 67420 271300663 250 Corporate Contributions Page Cortez Campaign 106 King Ranch Rd Lafayette LA 70508 260496815 500 Craig Robert Hensgens 305 Wilkinson St Gueydan LA 70542 000005368 250 Crum for State Representative 356 Linden Lane Haysville KS 67060 000001378 250 Dale Erdey Campaign PO Box 908 Livingston LA 70754 000009131 500 Dan Claitor Campaign 7520 Perkins Road 170 Baton Rouge LA 70808 264007629 500 Denning for State Senate 8416 W 115th St Overland Park KS 66210 000008351 250 Dodie Horton Campaign Fund 1864 Sparrow Ridge Haughton LA 71037 000007733 250 Dustin Millers Campaign 1115 South Union St Opelousas LA 70570 437652535 500 Ed Hernandez for Lt Governor 2018 556 S Fair Oaks Ave 101-5 Pasadena CA 91105 472675537 1000 Edward Ted James Campaign Fund 3213 Monterrey Blvd Ste B Baton Rouge LA 70814 000005159 250 Edward Ted James Campaign Fund 3213 Monterrey Blvd Ste B Baton Rouge LA 70814 000005159 -250 Elect Gary Carter Jr PO Box 741471 New Orleans LA 70174 474430576 500 Frank Hoffman Campaign PO Box 2474 West Monroe LA 71294 000002663 500 FRF Pharmacy Council PAC 227 South Adams St Tallahassee FL 32301 463081179 3000 Friends of Ann Rivers PO Box 957 LaCenter WA 98629 271512372 500 Friends of Keith Hodges P O Box 928 Urbanna VA 23175 300686169 -500 Friends of Patty Kuderer PO Box 1545 Bellevue WA 98009 475315866 500 Friends of Sharon Nelson 7318 SW 258th Place Vashon WA 98070 261377785 500 Friends of Vandana Slatter 11900 NE 1st St 300 Bellevue WA 98005 461880322 1000 Friends to Elect Yvonne Dorsey 1520 Thos H Delpit Dr 226 Baton Rouge LA 70802 900039629 500 Frownfelter for State Representative 5225 Crest Dr Kansas City KS 66106 453213926 250 Georgia Retail Action Cmte 227 South Adams St Tallahassee FL 32301 205409286 2000 H Bernard LeBas Campaign 115 Southwest Railroad Ave Ville Platte LA 70586 000002568 250 Hawkins for State Representative 9406 Harvest Lane Wichita KS 67212 455463671 250 Henderson for State Representative 2710 N 8th St Kansas City KS 66101 000004118 250 Holland for State Senate P O Box 154 Baldwin City KS 66006 000009017 250 Holscher for State Representative Box 4781 Olathe KS 66063 475179945 250 House Dem Campaign Cmte 4130 1st Avenue Seattle WA 98134 916178946 500 House Rep Organization Cmte PO Box 7222 Olympia WA 98507 916177625 500 Indiana House Dem Caucus PO Box 1671 Indianapolis IN 46206 521177393 1000 Indiana House Rep Campaign Cmte 101 W Ohio St Suite 2200 Indianapolis IN 46204 351470780 1000 Indiana Retailers Association PAC One N Capitol Suite 430 Indianapolis IN 46204 350242682 1000 Indiana Senate Dem Caucus 115 W Washington St 1165 Indianapolis IN 46204 352115773 1000 Indiana Senate Majority Campaign Cmte 101 W Ohio St Suite 2200 Indianapolis IN 46204 351519681 1000 J Rogers Pope Campaign PAC PO Box 555 Denham Springs LA 70727 454439509 250 Jack McFarland Campaign Fund 150 Douglas Garrett Road Winnfield LA 71483 000002669 250 Jay Luneau for Senate 711 Washington St Alexandria LA 71301 812378478 1000 Jean-Paul Coussan Campaign PO Box 52001 Lafayette LA 70505 000007726 500 Jerome Zeringue Campaign Fund 304 Amarillo Dr Houma LA 70360 473104775 500 Jerry Hill for Assembly 2020 1005 12th St Suite H Sacramento CA 95814 814947476 1000 John Alario Campaign Fund 1063 Muller Parkway Westwego LA 700945616 720947657 1000 John Chiang for Governor 2018 6250 Village Parkway Dublin CA 94568 812599419 1400 John Stefanski Campaign 425 N Parkerson Ave 2nd Fl Crowley LA 70526 814926822 1000 Julie Stokes Campaign Inc 13 Chateau Rue duJardin St Kenner LA 70065 461524760 250 Katrina Jackson Campaign 1051 Kansas Lane Monroe LA 71203 452705040 500 Kelly for State Senate 234 SW Greenwood Avenue Topeka KS 66606 200177547 250 Kenny Cox Campaign 300 High School Mansfield LA 71052 000005018 250 Kenny Havard Campaign Fund PO Box 217 Jackson LA 70748 000007680 250 Lakin for State Representative 2824 W Timbercreek Circle Wichita KS 67204 000009361 250 Landwehr for State Representative 2611 N Bayside Court Wichita KS 67205 000005086 250 Larry Bagley Campaign 1104 Dennis St Logansport LA 71049 000005732 250 Longbine for State Senate Box 1903 Emporia KS 66801 273484072 250 Mainstreet Merchants for a Better NC Inc PO Box 1030 Raleigh NC 27602 454057111 2000 Marcus L Hunter Campaign 900 St John St Monroe LA 71201 452832405 250 Masterson for State Senate Box 424 Andover KS 67002 000009941 250 McGinn for State Senate Box A Sedgwick KS 67135 461885500 250 Mills For Representative Cmte 4711A Main Hwy St Martinville LA 70582 261167603 500 Navadas Future PAC PO Box 96003 Las Vegas NV 89193 451059290 2000 Norby Chabert Campaign PO Box 517 Chauvin LA 70344 435433179 500 People for Joe Schmick PO Box 610 Colfax WA 99111 450582705 350 People for Rebecca Saldana PO Box 20776 Seattle WA 98102 814617205 500 RAN SERVICES 410 S Minnesota St Carson City NV 89703 202282751 2000 Regina Ashford Barrow Campaign 6512 Vineyard Dr Baton Rouge LA 70812 474585108 500 Rep Davis Campaign Fund 7515 Jefferson Hwy 45 Baton Rouge LA 70806 474258873 500 Retailers of Alabama PAC PO Box 240669 Montgomery AL 36124 912065311 3000 Rick Ward Campaign 3741 LA Hwy 1 South Port Allen LA 70767 000002287 500 Robert A Johnson Representative Fund PO Box 468 Marksville LA 71351 000001843 250 ROCKIE 3051 South Birch St Denver CO 80222 300622043 575 Ronnie Johns Campaign Fund 1011 Lakeshore Dr 515 Lake Charles LA 70601 912064819 500 Ronnie Johns Campaign Fund 1011 Lakeshore Dr 515 Lake Charles LA 70601 912064819 -500 Ryckman for State Representative 14234 W 158th St Olathe KS 66062 000002435 250 SC Retail PAC PO Box 1030 Raleigh NC 27602 205460565 3000 Schmidt for State Senate 5906 SW 43rd Court Topeka KS 66610 260491870 250 Senate Cmte for Mark Schoesler 1588 E Rosenoff Road Ritzville WA 99169 043779321 500 Sen Rep Campaign Cmte Housekeeping Acct PO Box 7229 Albany NY 12224 141753654 5000 Senate Rep Campaign Cmte PO Box 11025 Olympia WA 98508 910987396 500 Senator Gerald Boudreaux Campaign Fund PO Box 91245 Lafayette LA 70501 000007429 1000 Sharon Hewitt Campaign 2055 2nd St Suite A Slidell LA 70458 473333985 500 Shelly for State PO Box 37 Addy WA 99101 680674661 1000 Stephanie Hilferty Campaign Cmte LLC PO Box 24686 New Orleans LA 70184 472983343 500 Tanner Magee Campaign Fund 7833 West Main St Houma LA 70360 472999710 500 Taylor Barras Campaign Fund 800 South Lewis St 206 New Iberia LA 70560 460114420 500 Third Coast Leadership PAC 5500 Prytania St 240 New Orleans LA 70115 463620149 500 Troy Carter Campaign Fund PO Box 50730 New Orleans LA 70150 475141915 500 Villaraigosa for Governor 2018 1801 Century Pk Dr E 1132 Los Angeles CA 90067 814338019 1400 Vincent Pierre Campaign Fund 800 W Congress St Suite A Lafayette LA 70501 452471914 500 Wagle for State Senate 4 Sagebrush Wichita KS 67230 000002354 250 Washington Senate Dem Campaign 4130 1st Avenue Seattle WA 98134 462614068 500 Washington State Pharmacy PAC 411 Williams Avenue S Renton WA 98057 814940331 2000 Waymaster for State Representative 35218 192nd St Bunker Hill KS 67262 371691318 250 Wolfe-Moore for State Representative 3209 N 131st St Kansas City KS 66108 000009578 250 false false false 11967021 2022525 2022525 4786808 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 960379 935534 926999 740896 186103 1450242 907463 542779 1664416 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 $104,000 and $94,500 for the years ended December 31, 2017 and 2016, 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 501(c)(6) 12000 0 Actual Cost Support Annual Dinner Mt Vernon Ladies Assn PO Box 110 Mt Vernon VA 22121 540564701 10000 0 Actual Cost Support Annual Dinner Natl Chamber Foundatio 1615 H St NW Washington DC 20062 526073268 10000 0 Actual Cost Support Foundation Programs 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 true true false Carol A Kelly Fmr SVP Govt Affairs 444922 444922 Christopher P Krese SVP Communications 448086 94965 -1606 27000 33451 601896 David M Fitzsimmons SVP Finc/Admin 330700 67284 15353 27000 31244 471581 Dawn Worthington VP Human Resources 210385 32344 16482 22839 15049 297099 Don L Bell SVP General Counsel 453135 104936 38186 27000 36207 659464 James A Whitman SVP Member Programs/Services 630128 322447 67978 27000 29478 1077031 Kathleen D Jaeger SVP Pharmacy Care Patient Advocacy 438224 97961 22002 27000 19929 605116 Kevin Nicholson VP Regulatory Aff 256392 39656 23886 27000 14897 361831 Mary Ellen Kleiman VP Legal Affairs 229127 34169 19227 24712 2903 310138 Sandra Guckian VP State Govt Affs 211901 33469 22899 23590 15760 307619 Steven C AndersonCAEIOM President & CEO 1316430 549834 188845 888564 45503 2989176 Terrance Arth VP Member Programs 264585 55125 17417 27000 33540 397667 Thomas O'Donnell SVP Gov't Affairs 365559 82561 22252 27000 28987 526359 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 organizations bylaws establish an executive committee, the members of which must be members of the organizations board of directors. The committee members are appointed by the board of directors, and the committee consists of not more than twelve (12) persons. The chairman and vice-chairman of the board of directors are ex-officio members of the committee, as are the organizations president and treasurer, although the president is a non-voting member. The committee has general charge of the business of the organization between meetings of the board of directors. The committee also directly supervises the organizations officers, subject to the direction and control of the organizations full board of directors. 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 Kenneth Martindale/or Kermit Crawford; Walmart- George Riedl and Marybeth Hays, CVS Health- Larry Merlo and Helena Foulkes. 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, and officers,directors and key employees are provided annually with a questionnaire regarding conflicts and a list of the taxpayers directors, officers, key employees, and vendors, for purposes of determining if a conflict of interest exists. 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 30521 Actual Cost NACDS Foundation Inc o 377052 Actual Cost NACDS Foundation Inc q 141516 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.