BETA

AMERICAN SOCIETY FOR CLINICAL LABORATORY SCIENCE: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
AMERICAN SOCIETY FOR CLINICAL LABORATORY SCIENCE (EIN 74-1091114)
Tax period
2014-08-01 to 2015-07-31
Filed
2016-04-04
IRS object ID
201610959349300971
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-04-04T17:07:17-07:00ReturnTs
Tax Period End2015-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LOCHTE & COMPANY PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line111350 McCormick Road EP III Suite 5AddressLine1Txt
CityHunt ValleyCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21031ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN741091114EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN SOCIETY FOR CLINICAL LABORATORY SCIENCEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone5717483770PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11861 INTERNATIONAL DRIVEAddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELISSA PASSIMENTPersonNm
Person TitleEXECUTIVE VICE PRESIDENTPersonTitleTxt
Phone5717483770PhoneNum
Signature2016-03-25SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL W LOCHTEPreparerPersonNm
Phone4435418002PhoneNum
Preparation2016-04-04PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerELISSA PASSIMENTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line162 CONCESSION OAK DRIVEAddressLine1Txt
CityBLUFFTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29909ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,416,507GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Group Exemption2104GroupExemptionNum
Organization501cYes (X)Organization501cInd
Website Addresswww.ascls.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1935FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTO PROMOTE CLINICAL LABORATORY SCIENCE PRACTICE, EDUCATION AND MANAGMENT TO ENSURE EXCELLENT, ACCESSIBLE,COST EFFICIENT LABORATORY SERVICES FOR CONSUMERS OF HEALTH CARE.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,448,705PYProgramServiceRevenueAmt
CY Program Service Revenue$1,391,312CYProgramServiceRevenueAmt
PY Investment Income$14,009PYInvestmentIncomeAmt
CY Investment Income$25,195CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,462,714PYTotalRevenueAmt
CY Total Revenue$1,416,507CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$293,584PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$305,966CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,165,532PYOtherExpensesAmt
CY Other Expenses$1,015,910CYOtherExpensesAmt
PY Total Expenses$1,459,116PYTotalExpensesAmt
CY Total Expenses$1,321,876CYTotalExpensesAmt
PY Revenues Less Expenses$3,598PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$94,631CYRevenuesLessExpensesAmt
Total Assets BOY$1,344,720TotalAssetsBOYAmt
Total Assets EOY$1,291,277TotalAssetsEOYAmt
Total Liabilities BOY$718,674TotalLiabilitiesBOYAmt
Total Liabilities EOY$597,161TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$626,046NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$694,116NetAssetsOrFundBalancesEOYAmt
MissionTO PROMOTE CLINICAL LABORATORY SCIENCEMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescSPONSOR AND FACILITATE MEETINGS AND CONFERENCES TO PROMOTE DIALOGUE AND AWARENESS IN REGARDS TO CLINICAL LABORATORY METHODS AND RESEARCH AND TO PROMOTE THE GENERAL STATUS OF CLINICAL LABORATORY SPECIALISTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescPROVIDE EDUCATIONAL INFORMATION WORKSHOPS,SEMINARS, WEBCASTS, AND ONLINE COURSES ON TOPICS OF CRITICAL INTEREST TO CLINICAL LABORATORY SCIENTISTS AND THE CREDITS QUALIFY FOR RE-CERTIFICATION AND FULFILL RE-LICENSURE REQURIEMENTS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescPRODUCE JOURNALS AND NEWSLETTERS TO DISSEMINATE INFORMATION IN REGARDS TO CLINICAL LABORATORY METHODS AND RESEARCH AND TO PROMOTE THE GENERAL STATUS OF CLINICAL LABORATORY SPECIALISTSDesc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee4EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsYes (true)NondeductibleContributionsInd
Nondeductible Contri DisclYes (true)NondeductibleContriDisclInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (true)DelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKAREN GOODWINPersonNm
Phone5717483789PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11861 INTERNATIONAL DR 200AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
SUSIE ZANTO
PAST PRESIDENT5.00Yes (X)Yes (X)$0$0$0
BARBARA SNYDERMAN
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
SUZANNE CAMPBELL
PRESIDENT ELECT2.00Yes (X)Yes (X)$0$0$0
CINDY JOHNSON
SECRETARY/TREASURER2.00Yes (X)Yes (X)$0$0$0
MADDIE JOSEPHS
DIRECTOR1.00Yes (X)$0$0$0
NADINE FYDRYSZEWSKI
DIRECTOR1.00Yes (X)$0$0$0
PATRICIA TILL
DIRECTOR2.00Yes (X)$0$0$0
ROSLYN MCQUEEN
DIRECTOR1.00Yes (X)$0$0$0
KIMBERLY VON AHSEN
DIRECTOR1.00Yes (X)$0$0$0
JANELLE CHIASERA
DIRECTOR2.00Yes (X)$0$0$0
KAREN CHANDLER
DIRECTOR1.00Yes (X)$0$0$0
JONI GILSTRAP
DIRECTOR1.00Yes (X)$0$0$0
SHANNON BILLINGS
DIRECTOR1.00Yes (X)$0$0$0
SALLY PESTANA
DIRECTOR1.00Yes (X)$0$0$0
JAZMEN MYERS
STUDENT DIRECTOR1Yes (X)
ELIZABETH EZEB
FIRST YEAR PROFESSIONAL DIRECTOR1Yes (X)
ELISSA PASSIMENT
EXECUTIVE VP40Yes (X)$154,639
KARRIE HOVIS
EPP DIRECTOR1Yes (X)
ANDREA HICKEY
MEMBR&PACE COORDINATOR1Yes (X)
PATRICK COONEY
LEGISLATIVE CONSULTANT1Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$154,639TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
NEOSYSTEM CORP
1861 INTERNATIONAL DRIVE SUITE 200MCLEANVA22102MANAGEMENT& WEB SERVICE$147,579
MARRIOTT BUSINESS SERVICES
1965 MARRIOTT DRLOUISVILLETN37777CONFERENCES & MEETINGS$181,014
HYATT REGENCY CINCINNATI
151 WEST FIFTH STREETCINCINNATIOH45202CONFERENCES & MEETINGS$103,227
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmt
MEMBER DUES813000$441,153
EDUCATIONAL PROGRAMS813000$484,528
CONFERENCE REVENUES813000$279,014
OTHER INCOME813000$114,765
PUBLICATIONS813000$67,811

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,041TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,391,312TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$25,195TotalRevenueColumnAmt
Exclusion$25,195ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,416,507TotalRevenueColumnAmt
Related Or Exempt Func Income$1,391,312RelatedOrExemptFuncIncomeAmt
Exclusion$25,195ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$275,286TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$10,500TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$20,180TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$107,829TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$99,357TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$125TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,123TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,512TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$14,569TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$75,323TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$346,173TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,988TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,659TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PRINTING AND PUBLICATIONS$137,463
POSTAGE AND SHIPPING$53,793
DUES AND SPONSORSHIPS$47,835
WEB HOSTING$1,020

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$106,141TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,321,876TotalAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$423,946BOYAmt
EOY$402,198EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$58,249BOYAmt
EOY$48,086EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,951BOYAmt
EOY$13,999EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$29,966LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$24,862LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$15,092BOYAmt
EOY$5,104EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$833,482BOYAmt
EOY$821,890EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,344,720BOYAmt
EOY$1,291,277EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$391,917BOYAmt
EOY$267,382EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$326,757BOYAmt
EOY$329,779EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$718,674BOYAmt
EOY$597,161EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$626,046BOYAmt
EOY$694,116EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$626,046BOYAmt
EOY$694,116EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,344,720BOYAmt
EOY$1,291,277EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$94,631ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingYes (true)OnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$29,966OtherCostOrOtherBasisAmt
Depreciation$24,862DepreciationAmt
Book Value$5,104BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,104TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
MUTUAL FUNDS$281,557F
STOCKS, OPTIONS & ETF$540,333F
FieldValueIRS element (for citing)
Total Book Value Securities$821,890TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$1,427,495TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$26,561NetUnrealizedGainsInvstAmt
Other Revenue$37,549OtherRevenueAmt
Revenue Not Reported$10,988RevenueNotReportedAmt
Revenue Subtotal$1,416,507RevenueSubtotalAmt
Total Revenue Per Form990$1,416,507TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,366,162TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$44,286OtherExpensesIncludedAmt
Expenses Not Reported$44,286ExpensesNotReportedAmt
Expenses Subtotal$1,321,876ExpensesSubtotalAmt
Total Expenses Per Form990$1,321,876TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
OtherFIN 48 FOOTNOTE, ASCLS is exempt from income taxes under the provisions of Section 501(c) (6) of the Internal Revenue Code. ASCLS is not exempt from income taxes derived from unrelated business activities. During the year ended July 31, 2015 ASCLS believes that it has appropriate support for any tax positions taken, including their tax exempt status, and as such, does not have any uncertain tax positions that are material to the financial statements.
Pt XI, Line 2dOTHER ENTITY REVENUES IN CONSOLIDATED AUDIT
Pt XII, Line 2dOTHER ENTITY EXPENSES IN CONSOLIDATED AUDIT

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonELISSA PASSIMENTPersonNm
Base Compensation Filing Org$154,639BaseCompensationFilingOrgAmt
Total Compensation Filing Org$154,639TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 3DESCRIPTION OF DELEGATED DUTIES TO MANAGEMENT COMPANY: ASCLS has a managment company, NeoSystems Corp., that manages its business affairs. The specific services by NeoSystems encompass the management and headquarters' administrative services, financial management and accounting services, marketing and communications and information technology.
Pt VI, Line 6EXPLANATION OF CLASSES OF MEMBERS OR SHAREHOLDERS: ASCLS has three classes of Members; regular, associate, and affiliate. All three classes have full voting rights and approve Board elections annually.
Pt VI, Line 7aHOW MEMBERS OR SHAREHOLDERS ELECT GOVERNING BODY: ASCLS members elect a House of Delegates who have authority to elect officers and directors.
Pt VI, Line 7bDECISIONS OF GOVERNING BODY APPROVAL BY MEMBERS OR SHAREHOLDERS:The House of Delegates have the authority to elect officers and directors and elective committees; adoption and amendment of the by-laws and articles of incorporation in compliance with the laws of the state of incorporation; approval of professional practice standards for the Society and the profession; hearing appeals and rendering final decisions; and to review the annual audit except as otherwise provided in the by-laws.
Pt VI, Line 11bFORM 990 REVIEW PROCESS:The 990 is prepared by an outside accounting firm with the assistance of the organization's accountant. The draft is approved by the Executive Vice President. A copy of the final 990 is distributed to each Board Memeber before filing.
Pt VI, Line 12cEXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS: Periodic reviews are conducted by the Board and Executive Committee including review of compensation arrangements, contracts, partnerships and agreements with outside organizations. Any disclosures of potential conflicts of interest are discussed by the Board and/or Executive Committee to determine if a conflict exists. The person must recuse themselves during discussion and voting on such matters.
Pt VI, Line 15aCOMPENSATION REVIEW & APPROVAL PROCESS FOR CEO, EXEC DIR. OR TOP MGMT: The Executive Vice President's salary and benefit package are reviewed and approved by the Board annually using comparability data and these deliberations and decisions are documented in the Board's minutes.
Pt VI, Line 19OTHER ORGANIATION DOCUMENTS PUBLICLY AVAILABLE: The Organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.
Form 990, Part IX, Line 24fSTORAGE 2810. EQUIPMENT RENTAL 3987. TELEPHONE/FAX 8095. BANK CHARGES 24047. MEMBERSHIP SERVICES 46000. REGISTRATION CHARGES 12054. REPAIRS 70. HONORARIA 8399. SUBSCRIPTIONS 679.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
ASCLS EDUCATION AND RESEARCH FUND
1861 INTERNATIONAL DR STE 200MCLEANVA22182746051435RESEARCHTX501(c) (3)8NAfalse
ASCLS PAC
1861 INTERNATIONAL DR STE 200MCLEANVA20817766051435POLITICAL ACTION COMMITTEEMI527NAfalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ASCLS EDUCATION AND RESEARCH FUND
c$9,500FMV
ASCLS PAC
l$5,000FMV

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