2018-10-15T11:27:58-05:00 2017-12-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2017-01-01 470730228 NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION INC NORT 2027370900 750 FIRST STREET NE NO 1140 WASHINGTON DC 20002 JOSEPH BRADY EXECUTIVE DIRECTOR 2027370900 2018-10-15 1 R MICHAEL SORRELLS P00001737 2022932200 216.59.105.130 2018-10-15 11:27:56 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0A779249EE4AB03D4EBCA877230ED83790B34DB8 2017 2018-06-14 16:35:46Z JOSEPH BORG 750 FIRST STREET NE NO 1140 WASHINGTON DC 20002 7542461 0 X WWW.NASAA.ORG X 1919 DC NASAA REPRESENTS AND SERVES ITS MEMBERS THROUGH ADVOCACY, EDUCATION, SUBJECT MATTER EXPERTISE, (CONTINUED): COMMUNICATION, AND COORDINATION. 9 9 23 0 0 0 0 0 7779378 7363493 34209 136964 129412 42004 7942999 7542461 0 0 0 0 2377463 2705567 0 0 0 3766357 3707844 6143820 6413411 1799179 1129050 10778095 11916669 695060 695320 10083035 11221349 X NASAA REPRESENTS AND SERVES ITS MEMBERS THROUGH ADVOCACY, EDUCATION, SUBJECT MATTER EXPERTISE, COMMUNICATION, AND COORDINATION. 0 0 494317 134825 AN ANNUAL FALL CONFERENCE IS HELD EACH YEAR IN A DIFFERENT CITY IN CONJUNCTION WITH A FULL MEMBERSHIP MEETING. BOTH SERVE TO UPDATE PARTICIPANTS AND MEMBERS ON CURRENT EVENTS PERTAINING TO SECURITIES ADMINISTRATION. 305874 947230 NASAA, UNDER THE LEADERSHIP AND SUPERVISION OF ITS STATE SECURITIESREGULATOR MEMBERS, OPERATES THE ELECTRONIC FILING DEPOSITORY ("EFD").THE EFD SYSTEM BENEFITS FROM THE OVERSIGHT OF THE NASAA BOARD OFDIRECTORS AND SUBJECT MATTER EXPERTISE FROM THE EFD STEERING COMMITTEE.EFD IS AN INTERNET-ACCESSIBLE DATABASE SYSTEM THAT ALLOWS ISSUERS TOSUBMIT REGULATORY FILINGS, CURRENTLY FORM D FOR REGULATION D, RULE 506OFFERINGS AND PAY RELATED FEES TO STATE SECURITIES REGULATORS. EFD ALSOPROVIDES A PUBLIC-FACING WEBSITE ALLOWING MEMBERS OF THE PUBLIC TOSEARCH AND VIEW, FREE OF CHARGE, FORM D FILINGS AND ADDITIONAL FORMFILINGS MADE WITH OTHER STATE SECURITIES REGULATORS. THE EFD SYSTEMALLOWS FILERS AND STATE REGULATORY AGENCIES TO TRANSITION FROM APAPER-BASED FILING SYSTEM TO AN ELECTRONIC SYSTEM. BY FOSTERINGUNIFORMITY IN STATE REGULATORY FILINGS, AND SIMPLIFYING COMMUNICATIONSBETWEEN FILER AND REGULATOR, EFD HELPS PROVIDE REGULATORS WITH A MOREEFFICIENT AND EFFECTIVE MEANS OF RECEIVING AND MONITORING SECURITIESFILINGS, AS WELL AS BETTER ALIGNING THE STATE FILING PROCESS WITH THEFEDERAL FILING PROCESS. 167814 20235 AN ANNUAL SPRING CONFERENCE IS HELD EACH YEAR IN WASHINGTON, DC IN CONJUNCTION WITH A FULL MEMBERSHIP MEETING. BOTH SERVE TO UPDATE PARTICIPANTS AND MEMBERS ON CURRENT EVENTS PERTAINING TO SECURITIES ADMINISTRATION. 1538280 6261203 OTHER CONFERENCES, PROGRAMS AND ACTIVITIES ARE ORGANIZED THROUGHOUT THE YEAR TO PROVIDE TRAINING AND EDUCATION TO MEMBERS WHO DEAL WITH SECURITIES REGULATION AND ENFORCEMENT MATTERS. 1538280 6261203 2506285 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 23 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X NASAA 2027370900 750 FIRST ST NE 1140 WASHINGTON DC WASHINGTON DC 20002 MICHAEL ROTHMAN PRESIDENT 8.00 X X 0 0 0 JOSEPH BORG PRESIDENT 8.00 X X 0 0 0 JUDITH SHAW DIRECTOR 8.00 X 0 0 0 MICHAEL PIECIAK TREASURER 8.00 X X 0 0 0 SHONITA BOSSIER SECRETARY 8.00 X X 0 0 0 KEVIN ANSELM DIRECTOR 8.00 X 0 0 0 TOM COTTER TREASURER 8.00 X X 0 0 0 PAMELA EPTING DIRECTOR 8.00 X 0 0 0 MELANIE LUBIN DIRECTOR 8.00 X 0 0 0 GERALD ROME SECRETARY 8.00 X X 0 0 0 BRYAN LANTAGNE DIRECTOR 8.00 X 0 0 0 TANYA SOLOV DIRECTOR 8.00 X 0 0 0 JOSEPH BRADY EXECUTIVE DIRECTOR 40.00 X 283013 0 49377 MARINA ALONSO-MENDOZA DIRECTOR OF FINANCE & OPERATIONS 40.00 X 148962 0 28414 MICHAEL CANNING DIRECTOR OF POLICY 40.00 X 157972 0 34082 ZACHARY KNEPPER DEPUTY GENERAL COUNSEL 40.00 X 164063 0 17356 ANNE-VALERIE MIRKO GENERAL COUNSEL 40.00 X 177867 0 19190 ROBERT WEBSTER DIRECTOR OF COMMUNICATIONS 40.00 X 167029 0 52496 1098906 0 200915 6 0 1 0 GLOBAL MEETING PARTNERS INC 420 APPLE STREET POTTSTOWN PA 19464 AUDIO-VISUAL SERVICES FOR MEETINGS 207759 THOMPSON-PROMETRIC PO BOX 223608 PITTSBURGH PA 15251 SERIES EXAM PREPARATION 170244 VENABLE LLP PO BOX 62727 BALTIMORE MD 21264 LEGAL COUNSEL 118081 CLYDE GROUP LLC 2112 8TH STREET NW UNIT 828 WASHINGTON DC 20001 PUBLIC RELATIONS CONSULTING 118000 PENNSYLVANIA AVENUE GROUP C/O JIM HYLAND ESQ PO BOX 4188 WASHINGTON DC 20044 LOBBYING SERVICES 105500 5 EXAM FEES & GUIDES 900099 6105343 6105343 E- FORM DEPOSITORY 900099 947230 947230 CONFERENCES 900099 155060 155060 MEMBERSHIP FEES 900099 120600 120600 TRAINING EVENTS 900099 35260 35260 7363493 136964 136964 42004 42004 7542461 7363493 0 178968 511333 511333 1731585 1731585 108736 108736 207364 207364 146549 146549 109896 83191 26705 90396 59380 31016 115788 115788 4780 4780 329694 164359 165335 122691 122691 110721 58542 52179 369396 369396 1113287 901693 211594 1036779 1036779 143099 117746 25353 28765 28765 BANK AND PROCESSING FEE 85268 66429 18839 PRINTING AND PUBLICATIO 30301 18166 12135 RECRUITING AND RETENTIO 11276 11276 MISCELLANEOUS 5707 5707 6413411 2506285 3907126 0 968298 195093 507008 330118 97239 99923 1040666 950762 208227 89904 8976846 11166054 20477 35577 10778095 11916669 500170 500693 194890 194627 695060 695320 X 10083035 11221349 10083035 11221349 10778095 11916669 1129050 9264 0 X X 0 1 X 1 0 X 120600 120600 120600 120600 120600 603000 5187781 5926595 6584333 7658778 7363493 32720980 5308381 6047195 6704933 7779378 7484093 33323980 0 0 0 33323980 68650 53394 71496 163621 178968 536129 68650 53394 71496 163621 178968 536129 420502 11800 45000 477302 5797533 6112389 6821429 7942999 7663061 34337411 0.97050 0.96880 0.01560 0.01420 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: SETTLEMENT INCOME - 2013 AMOUNT: $ 420,502. 2014 AMOUNT: $ 11,800. 2015 AMOUNT: $ 45,000. 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 0. 228905 228905 6184506 6413411 470671 117668 0 0 457191 470671 927862 1391793 169930 228905 398835 114298 117668 231966 347949 PART II-A, LINE 1B, LOBBYING ACTIVITIES ACTIVITIES NASAA HAS ENGAGED IN TO INFLUENCE FEDERAL LEGISLATION INCLUDE: CONGRESSIONAL MEETINGS (INCLUDING NASAA STAFF AND/OR CONSULTANT AND/OR NASAA MEMBERS); NASAA CORRESPONDENCE TO CONGRESS REGARDING LEGISLATIVE MATTERS; NASAA POLICY STAFF INTERACTIONS WITH CONGRESSIONAL STAFF VIA EMAIL AND TELEPHONE; WORK ON THE NASAA FEDERAL LEGISLATIVE AGENDA; PROVIDING TESTIMONY TO HOUSE OF REPRESENTATIVES FINANCIAL SERVICES COMMITTEE AND PREPARATION THEREFOR. NASAA POLICY STAFF HAS ALSO COMMUNICATED ON AN AD HOC BASIS WITH STATE LEGISLATORS AND LEGISLATIVE STAFF ON MATTERS OF STATE LEGISLATION. NASAA HIGHLIGHTS BOTH ITS FEDERAL AND STATE-LEVEL POLICY ADVOCACY THROUGH PRESENTATIONS, AND PUBLICATIONS SUCH AS NASAA NEWSLETTERS AND WEEKLY MEMBER UPDATES. 14960 3501 11459 216978 165505 51473 808728 781756 26972 89904 7551725 9264 9264 7542461 0 7542461 6413411 0 6413411 0 6413411 X X X X 0 0 0 0 0 0 0 0 0 JOSEPH BRADY EXECUTIVE DIRECTOR 261812 0 20600 0 601 0 32703 0 17682 0 333398 0 0 0 MARINA ALONSO-MENDOZA DIRECTOR OF FINANCE & OPERATIONS 146537 0 500 0 1925 0 14929 0 14044 0 177935 0 0 0 MICHAEL CANNING DIRECTOR OF POLICY 157189 0 500 0 283 0 16152 0 18909 0 193033 0 0 0 ZACHARY KNEPPER DEPUTY GENERAL COUNSEL 163348 0 400 0 315 0 17356 0 850 0 182269 0 0 0 ANNE-VALERIE MIRKO GENERAL COUNSEL 177035 0 500 0 332 0 19190 0 1093 0 198150 0 0 0 ROBERT WEBSTER DIRECTOR OF COMMUNICATIONS 164589 0 500 0 1940 0 17492 0 34335 0 218856 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NASAA IS A PROFESSIONAL ASSOCIATION OF SECURITIES ADMINISTRATORS WITH 67 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A NASAA'S DIRECTORS ARE ELECTED BY A VOTE OF THE FULL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B PROPOSED AMENDMENTS TO THE ORGANIZATION'S BY-LAWS, IF INITIATED BY THE GOVERNING BODY, REQUIRE APPROVAL BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR IS PROVIDED WITH A DRAFT OF THE FORM 990 PREPARED BY THE ORGANIZATION'S OUTSIDE CPA. THE EXECUTIVE DIRECTOR, WITH ASSISTANCE FROM THE DIRECTOR OF FINANCE, REVIEWS THE DRAFT AND PROVIDES FEEDBACK TO THE OUTSIDE CPA. THE FINAL DRAFT OF THE FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS. THE RETURN IS FINALIZED ONCE ALL ISSUES RAISED DURING THE REVIEW PROCESS HAVE BEEN PROPERLY RESOLVED. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND EMPLOYEES (COLLECTIVELY, "COVERED INDIVIDUALS") OF NASAA EACH HAVE AN AFFIRMATIVE OBLIGATION TO ACT AT ALL TIMES IN THE BEST INTERESTS OF NASAA. EACH COVERED INDIVIDUAL SHALL DISCLOSE ANY AND ALL FACTS THAT MAY BE CONSTRUED AS A CONFLICT OF INTEREST. DISCLOSURES ARE MADE AT THE TIME OF HIRE, ELECTION OR APPOINTMENT; THROUGH AN ANNUAL DISCLOSURE PROCESS; AND WHENEVER AN ACTUAL OR POTENTIAL CONFLICT ARISES. THE BOARD OF DIRECTORS OR A DESIGNATED WORKING GROUP OF THE BOARD WILL REVIEW SUBMITTED DISCLOSURES, DETERMINE WHETHER OR NOT A CONFLICT OF INTEREST EXISTS, AND DETERMINE WHETHER OR NOT SUCH CONFLICT MATERIALLY AND ADVERSELY AFFECTS NASAA'S INTERESTS. IF THE BOARD OF DIRECTORS OR THE DESIGNATED WORKING GROUP OF THE BOARD DETERMINES THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS, IT SHALL ALSO DETERMINE AN APPROPRIATE REMEDY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY THE CORPORATE OFFICE REVIEW COMMITTEE, COMPRISED OF THE PRESIDENT, THE PRESIDENT-ELECT, THE IMMEDIATE PAST PRESIDENT, AND THE TREASURER. SEE SCHEDULE J, PART I, LINE 3 FOR ADDITIONAL DETAILS. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE ANNUAL FINANCIAL AUDIT. THIS HAS NOT CHANGED FROM PRIOR YEARS.