2017-04-10T14:45:18-05:00 2016-05-31 521855942 Tate and Tryon 2021 L Street NW Suite 400 Washington DC 20036 990 2015-06-01 521760057 7272 WISCONSIN BUILDING CORP 7272 3016648809 4500 east-west highway BETHESDA MD 20814 PAUL W ABRAMOWITZ president 3016648809 2017-04-10 1 Deborah G Kosnett P00290720 2022932200 2017-04-06 2015 2021-01-29 14:40:06Z X PAUL W ABRAMOWITZ 4500 east-west highway BETHESDA MD 20814 112103676 0 X N/A X 1992 MD TO HOLD TITLE TO AND MANAGE PROPERTY OWNED BY THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS. X 3 0 0 0 357201 356201 0 0 0 0 0 86026537 3296228 2803979 3296228 88830516 0 0 0 0 0 0 0 0 0 3394514 140504 3394514 140504 -98286 88690012 22218793 6144122 488540 501838 21730253 5642284 X THE PURPOSE OF THE CORPORATION IS TO PURCHASE, FINANCE, MANAGE AND HOLD TITLE TO PROPERTY, COLLECT INCOME THEREFROM AND TURN OVER THE AMOUNT, LESS EXPENSES AND A REASONABLE RESERVE, TO THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS, INC. (ASHP), AN ORGANIZATION THAT IS EXEMPT FROM TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, AS AMENDED, IN ACCORDANCE WITH THE SECTION 501(C)(2). 0 1 TO HOLD TITLE TO AND MANAGE PROPERTY OWNED BY THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 16 0 1 0 1 1 0 0 0 0 0 X 3 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X Vanguard Realty Group 3016648809 4500 east-west highway BETHESDA MD 20814 PAUL W ABRAMOWITZ PRESIDENT/CHAIR 8.00 40.00 X X 0 654492 46080 DAVID J EDWARDS TREASURER 8.00 40.00 X X 0 260571 43226 DAVID R WITMER DIRECTOR/MANAGER 8.00 40.00 X X 0 351219 46080 Paula Tiedemann GENERAL COUNSEL/CORP SECY 8.00 40.00 X 0 236443 45100 0 1502725 180486 0 0 1 0 Recurrent Building Intelligence 1390 Piccard Dr 120 Rockville MD 20850 BUILDING Engineering 322727 GFZ Realty LLC 1390 Piccard Dr 120 Rockville MD 20850 Management and Leasing 257783 Holland & Knight LLP PO Box 864084 Orlando FL 32886 Legal Services 237860 Executive Maintenance 4817 Flanders Avenue Kensington MD 20895 Custodial Services 216585 Admiral Security Services PO Box 79779 Baltimore MD 21279 Security Services 131894 5 6603676 3799697 2803979 2803979 357201 2446778 105500000 19473463 86026537 86026537 86026537 88830516 0 357201 88473315 419661 4271 54500 8032 12909 10222 827829 97055 provision for income ta 140504 Repairs and Maintenance 624075 Real Estate Taxes 575164 Utilities 402287 -3036005 140504 2982923 4771291 674240 641853 86019 573028 282307 0 0 0 16696198 0 1497106 157950 22218793 6144122 230038 470279 258502 31559 488540 501838 X 21730253 5642284 21730253 5642284 22218793 6144122 X 88690012 -104777981 X X 0 1 X 1 0 0 Other Liabilities 31559 31559 92630213 3799697 3799697 88830516 0 88830516 3940201 3799697 3799697 140504 0 140504 Part XI, Line 2d - Other Adjustments: rental expense reported on part viii line 6b 3,799,697. Part XII, Line 2d - Other Adjustments: rental expense reported on part viii line 6b 3,799,697. 0 1 0 PAUL W ABRAMOWITZ PRESIDENT/CHAIR 0 569989 0 50391 0 34112 0 26200 0 22634 0 703326 0 0 DAVID J EDWARDS TREASURER 0 234056 0 22000 0 4515 0 23346 0 24957 0 308874 0 0 DAVID R WITMER DIRECTOR/MANAGER 0 328155 0 19500 0 3564 0 26200 0 25214 0 402633 0 0 Paula Tiedemann GENERAL COUNSEL/CORP SECY 0 212456 0 22000 0 1987 0 19164 0 30878 0 286485 0 0 Part I, Line 3 7272 WISCONSIN BUILDING CORP HAS NO EMPLOYEES; ACCORDINGLY, PERSONNEL OF 7272 WISCONSIN BUILDING CORP ARE EMPLOYED BY THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS, INC. ("ASHP"), A RELATED 501(C)(6) ORGANIZATION. ASHP USES THE FOLLOWING TO ESTABLISH COMPENSATION FOR 7272 WISCONSIN BUILDING CORP'S PRESIDENT: COMPENSATION COMMITTEE; WRITTEN EMPLOYMENT CONTRACT; COMPENSATION SURVEY OR STUDY; FORM 990 OF OTHER ORGANIZATIONS; APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. Part I, Line 4b PAUL W. ABRAMOWITZ: $18,000, SECTION 457 PLAN. This individual is an employee of ashp and all benefits are provided by that organization. Office Building 2016-05-26 105500000 Purchase Price 475601790 CP 7272 Wisconsin Avenue LLC 1776 Eye Street NW Washington DC 20006 LLC 0 0 0 0 Form 990, Part III, line 3 The building held by the organization, 7272 Wisconsin Avenue, was sold on 5/26/2016, and the proceeds were distributed to a single member limited liability company owned by the organization's parent organization, The American Society of Health-System Pharmacists, as required under IRC 501(c)(2). The organization is in the process of winding down and dissolving. Form 990, Part VI, Section A, line 3 THE CORPORATION IS A TITLE HOLDING COMPANY, HOLDING THE HEADQUARTERS BUILDING OF THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS. THE MANAGEMENT OF THE BUILDING IS PERFORMED BY VANGUARD REALTY GROUP. 7272 WISCONSIN BUILDING CORP PAID $179,702 TO VANGARD REALTY GROUP FOR MANAGEMENT FEE SERVICES PERFORMED DURING THE FISCAL YEAR. Form 990, Part VI, Section A, line 8b 7272 WISCONSIN BUILDING CORP DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Section B, line 11 After management has reviewed and approved the Form 990, The Board of Directors is notified via email that the Form 990 is available for their review. Form 990, Part VI, Section B, line 12c EACH MEMBER OF THE BOARD OF DIRECTORS COMPLETES A WRITTEN ANNUAL DISCLOSURE REPORT. THERE IS A CONTINUING OBLIGATION BY INDIVIDUAL BOARD MEMBERS TO REPORT IF THERE ARE ANY CHANGES IN THE EXTERNAL ACTIVITIES OF THE BOARD MEMBER. IF THE BOARD BELIEVES THERE IS A POTENTIAL OR ACTUAL CONFLICT OF INTEREST THEN THE BOARD MEMBER MAY HAVE TO DEFER AN EXTERNAL ACTIVITY UNTIL THEIR TENURE ON THE BOARD IS COMPLETED, MAY HAVE TO RECUSE HIM- OR HERSELF FROM ANY DISCUSSIONS OF A TOPIC BY THE BOARD, AND/OR NOT PARTICIPATE IN ANY BOARD ACTION ON AN ISSUE. KEY EMPLOYEES COMPLETE A DISCLOSURE REPORT FORM AS PART OF THE YEARLY EXTERNAL FINANCIAL AUDIT, AND ALSO AS PART OF THEIR CONDITIONS OF EMPLOYMENT, WHICH THEY SIGN AT THE TIME OF THEIR HIRE. Form 990, Part VI, Section B, line 15a The members of the Board of Directors do not receive compensation nor are expenses reimbursed from the corporation. All members of the Board are full time employees of the American Society of Health-System Pharmacists (ASHP), and are required to follow the respective written policies of that organization. Accordingly, following is a description of the process that takes place at ASHP: The ASHP Board of Directors is responsible for the hiring and review of the CEO. The CEO is the only full time employee of the organization with an employment agreement. The board of directors, in determining compensation for the Chief Executive Officer, uses external salary and compensation comparability data for similar positions. Minutes of these deliberations are maintained. Other key employees that are employed by the organization are "employees at will". Salaries for these individuals are determined using relevant comparable salary data. Prior to filling a vacant position. a hiring supervisor, in conjunction with the Human Resources Division, researches relevant salary ranges for the position. Form 990, Part VI, Section C, line 19 The organization would make its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part VI, Section B, Lines 13-14 7272 adheres to the written whistleblower and document retention/destruction policies adopted by ASHP, a related organization. Form 990, Part XI, line 9: distributions -104,889,095. ADJUSTMENT FOR CURRENT YEAR TAXES 111,114. form 990, part xii, line 2c: the audit oversight process has remained unchanged from the prior year. FORM 990, PART I, LINE 7B: 7272 WISCONSIN BUILDING CORPORATION FILES A CONSOLIDATED FORM 990-T WITH A RELATED ORGANIZATION, THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS. NET UBI ON LINE 7B REFLECTS ONLY 7272'S PORTION OF NET UBI: $356,201 TAXABLE INCOME, 7272 141,163 TAXABLE INCOME, ASHP 0 MARYLAND BONUS DEPRECIATION ADJUSTMENT - 7272 (41,033) STATE TAX DEDUCTION ---------- $456,424 TAXABLE INCOME, CONSOLIDATED FORM 990-T ========== 7272 Wisconsin Lender LLC 4500 East West Highway Bethesda MD 20814 812780923 Related to building purchase MD 52789020 AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS INC (ASHP) AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS INC (ASHP) 4500 east-west highway BETHESDA MD 20814 520807628 improve medication use and enhance patient safety MD 501(c)(6) 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS INC J 1898638 CASH AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS INC R 52602241 cASH