2015-04-23T13:44:20-05:00 2014-06-30 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2013-07-01 237190271 AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE AMER 3019684100 5550 FRIENDSHIP BOULEVARD NO 310 CHEVY CHASE MD 208157231 STEPHEN C SHANNON PRESIDENT & CEO 3019684100 2015-04-23 1 SUBRINA WOOD P00365899 2022932200 2013 2016-02-25 16:41:14Z AACOM STEPHEN C SHANNON DOMPH 5550 FRIENDSHIP BOULEVARD NO 310 CHEVY CHASE MD 208157231 16158489 0 X WWW.AACOM.ORG X 1970 IL THE AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE (AACOM) PROMOTES EXCELLENCE IN OSTEOPATHIC MEDICAL EDUCATION, IN RESEARCH AND IN SERVICE, AND FOSTERS INNOVATION AND QUALITY AMONG OSTEOPATHIC MEDICAL COLLEGES TO IMPROVE TH HEALTH OF THE AMERICAN PUBLIC FOUNDED IN 1898, AACOM REPRESENTS THE ADMINISTRATION, FACULTY AND STUDENTS OF ALL OF THE OSTEOPATHIC MEDICAL COLLEGES IN THE UNITED STATES. THE ASSOCIATION, GUIDED BY ITS BOARD OF DEANS AND VARIOUS OTHER MEMBER COUNCILS AND COMMITTEES, IS ACTIVELY INVOLVED IN ALL AREAS OF OSTEOPATHIC MEDICAL EDUCATION. NATIONAL-LEVEL SERVICES PROVIDED BY AACOM INCLUDE A UNIFIED VOICE - AACOM SERVES AS THE UNIFYING VOICE FOR THE NATION'S COLLEGES OF OSTEOPATHIC MEDICINE, REPRESENTING THEIR COLLECTIVE INTERESTS THROUGH PROACTIVE ADVOCACY AT THE FEDERAL GOVERNMENT LEVEL AND COLLABORATION WITH OTHER ALLIED ORGANIZATIONS. 35 35 41 35 0 0 69785 0 8277970 10098105 238805 713835 47939 43182 8634499 10855122 110914 18400 0 0 3813798 4090806 0 0 0 3548674 4701365 7473386 8810571 1161113 2044551 18224059 20885202 4290406 4577407 13933653 16307795 X AACOM PROVIDES LEADERSHIP FOR THE OSTEOPATHIC MEDICAL EDUCATION COMMUNITY BY PROMOTING EXCELLENCE IN MEDICAL EDUCATION, RESEARCH, AND SERVICE, AND BY FOSTERING INNOVATION AND QUALITY ACROSS THE CONTINUUM OF OSTEOPATHIC MEDICAL EDUCATION TO IMPROVE THE HEALTH OF THE AMERICAN PUBLIC. AACOM WAS FOUNDED IN 1898 TO LEND SUPPORT AND ASSISTANCE TO THE NATION'S OSTEOPATHIC MEDICAL SCHOOLS, AND TO SERVE AS A UNIFYING VOICE FOR OSTEOPATHIC MEDICAL EDUCATION. HAVING GROWN FROM A HANDFUL OF COLLEGE ADMINISTRATORS A CENTURY AGO, THE ORGANIZATION TODAY REPRESENTS THE ADMINISTRATION, FACULTY, AND STUDENTS OF ALL OF THE OSTEOPATHIC MEDICAL COLLEGES IN THE UNITED STATES. THE ASSOCIATION, GUIDED BY ITS BOARD OF DEANS AND VARIOUS OTHER MEMBER COUNCILS AND COMMITTEES, IS ACTIVELY INVOLVED IN ALL AREAS OF OSTEOPATHIC MEDICAL EDUCATION. 0 0 1929314 8356409 CENTRALIZED STUDENT APPLICATION SERVICE - THE AACOM APPLICATION SERVICE (AACOMAS) PROCESSES APPLICATIONS FOR STUDENTS APPLYING TO U.S. OSTEOPATHIC MEDICAL COLLEGES. AACOMAS SIMPLIFIES THE APPLICATION PROCESS FOR THE STUDENT, ALLOWING THEM TO APPLY TO SEVERAL MEDICAL SCHOOLS WITH A SINGLE COMMON APPLICATION. THE CENTRALIZED SERVICE ALSO SIMPLIFIES AND STANDARDIZES THE APPLICATION REVIEW PROCESS FOR AACOM'S MEMBER COLLEGES BY VERIFYING APPLICATION DATA. DURING FISCAL YEAR 2013, 29 COLLEGES, 4 BRANCH CAMPUSES, 7 REMOTE TEACHING SITES, AND APPROXIMATELY 16,682 STUDENT APPLICANTS BENEFITED. AACOMAS WORKS TO DEVELOP AWARENESS ABOUT OSTEOPATHIC MEDICINE AMONG POTENTIAL MEDICAL SCHOOL APPLICANTS THROUGH RECRUITMENT PROGRAMS. AACOM'S RECRUITMENT EFFORTS SEEKS STRATEGIC OPPORTUNITIES ACROSS THE NATION TO ATTRACT AN ACADEMICALLY WELL-QUALIFIED POOL OF APPLICANTS FOR ITS MEMBER MEDICAL SCHOOLS. GENERALLY, AACOM RECRUITS FOR ABOUT 100 DAYS THROUGHOUT EACH YEAR. 1328855 OFFICE OF GOVERNMENT RELATIONS - THE AACOM OFFICE OF GOVERNMENT RELATIONS REPRESENTS THE ASSOCIATION'S CONSTITUENTS TO CONGRESS AND FEDERAL POLICY MAKERS IN LEADING THE ASSOCIATION'S CONGRESSIONAL AND FEDERAL POLICY ADVOCACY EFFORTS. THE OFFICE KEEPS CONSTITUENTS INFORMED OF FEDERAL POLICY AND REGULATORY DEVELOPMENTS IN OSTEOPATHIC MEDICAL EDUCATION AND THE OSTEOPATHIC MEDICAL EDUCATION COMMUNITY, AS WELL AS INFORMS FEDERAL LEGISLATORS OF THE NEEDS OF STUDENTS AND OSTEOPATHIC MEDICAL EDUCATORS. THE DEPARTMENT ALSO WORKS IN CONCERT WITH VARIOUS NATIONAL ORGANIZATIONS AND COALITIONS TO INFLUENCE BOTH LEGISLATIVE AND REGULATORY ISSUES RELEVANT TO OSTEOPATHIC MEDICAL EDUCATION. THE GOVERNMENT RELATIONS DEPARTMENT SUPPORTS AND WORKS IN COLLABORATION WITH THE ASSOCIATION'S PRESIDENT AND CEO AND ITS BOARD OF DEANS, AACOM'S GOVERNING BODY. 1094577 OFFICE OF MEDICAL EDUCATION - THE AACOM OFFICE OF MEDICAL EDUCATION WORKS WITH MEMBER COLLEGES TO PROMOTE EXCELLENCE IN OSTEOPATHIC MEDICAL EDUCATION THROUGHOUT THE UNDERGRADUATE EDUCATIONAL CONTINUUM AND INTO GRADUATE MEDICAL EDUCATION. IT DEVELOPS AND PROVIDES INFORMATION, RESOURCES, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR OSTEOPATHIC MEDICAL EDUCATORS, ADMINISTRATORS, AND RESEARCHERS, AS WELL AS PROMOTES COLLABORATION AMONG THEM THROUGH THE ASSOCIATION'S ANNUAL CONFERENCE AND OTHER EVENTS. THE DEPARTMENT PROVIDES GRANTS FOR INDIVIDUAL, INSTITUTIONAL, AND INTER-INSTITUTIONAL RESEARCH. IT ADMINISTERS THE NATIONAL ACADEMY OF OSTEOPATHIC MEDICAL EDUCATORS (NAOME), WHICH RECOGNIZES AND SUPPORTS ACADEMIC EXCELLENCE AND SCHOLARSHIP IN THE OSTEOPATHIC MEDICAL EDUCATION PROFESSION. DEPARTMENT STAFF SUPPORTS AND WORKS IN COLLABORATION WITH COUNCIL LIAISONS TO MANAGE AND ADMINISTER COUNCIL ACTIVITIES AND MEETINGS. 678060 RESEARCH - AACOM'S RESEARCH DEPARTMENT COLLECTS AND ANALYZES STATISTICAL AND OTHER DATA ON OSTEOPATHIC MEDICAL EDUCATION, INCLUDING DATA ON STUDENTS, FACULTY, CURRICULA AND SERVICE AT THE COLLEGES OF OSTEOPATHIC MEDICINE. THE DEPARTMENT PROVIDES THESE DATA TO THE MEMBER COLLEGES, HEALTH POLICY MAKERS, MEMBERS OF CONGRESS AND THE GENERAL PUBLIC. 836399 COMMUNICATIONS AND MARKETING 725870 305615 ANNUAL MEETING 189865 18400 VISITING STUDENT APPLICATION SERVICE 151698 COUNCIL OF STUDENT GOVERNMENT PRESIDENTS (COSGP) 38996 PRESIDENT CONTINGENCY FUND 2620888 18400 305615 6973634 1 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 1 41 1 0 0 0 0 0 0 0 0 0 0 X 35 35 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X JOHN E ROANE CHIEF OPERATING OFFI 3019684144 5550 FRIENDSHIP BOULEVARD NO 310 CHEVY CHASE MD 208157231 KENNETH J VEIT DO MBA CHAIR 3.00 X X 0 0 0 KAREN J NICHOLS DO MA MACOI CS SECRETARY/TREASURER 3.00 X X 0 0 0 ANTHONY J SILVAGNI DO PHARMD MSC PAST CHAIR 1.00 X 0 0 0 THOMAS A CAVALIERI DO MEMBER-AT-LARGE 2.00 X 0 0 0 MICHAEL B CLEARFIELD DO FACP FACO MEMBER-AT-LARGE 2.00 X 0 0 0 BOYD R BUSER DO FACOFP DIRECTOR 1.00 X 0 0 0 H WILLIAM CRAVER DO DIRECTOR 1.00 X 0 0 0 PAULA M CRONE DO DIRECTOR 1.00 X 0 0 0 BRUCE DUBIN DO JD FCLM FACOI DIRECTOR 1.00 X 0 0 0 PAUL EVANS DO DIRECTOR 1.00 X 0 0 0 MITCHELL FORMAN DO DIRECTOR 1.00 X 0 0 0 ROBERT GEORGE DO DIRECTOR 1.00 X 0 0 0 WOLFGANG G GILLIAR DO DIRECTOR 1.00 X 0 0 0 ROBERT B GOLDBERG DO DIRECTOR 1.00 X 0 0 0 KENNETH H JOHNSON DO DIRECTOR 1.00 X 0 0 0 ANITA KALOUSEK DO MS DIRECTOR 1.00 X 0 0 0 JOHN M KAUFFMAN JR DO DIRECTOR 1.00 X 0 0 0 LORI A KEMPER DO DEAN DIRECTOR 1.00 X 0 0 0 TIMOTHY KOWALSKI DO DIRECTOR 1.00 X 0 0 0 CRAIG J LENZ DO DIRECTOR 1.00 X 0 0 0 RONNIE B MARTIN DO RPH DIRECTOR 1.00 X 0 0 0 ELIZABETH PALMAOZZIDO DIRECTOR 1.00 X 0 0 0 LORENZO L PENCE DO DIRECTOR 1.00 X 0 0 0 DON N PESKA DO MED DIRECTOR 1.00 X 0 0 0 JAMES D POLK DO MS DEAN DIRECTOR 1.00 X 0 0 0 THOMAS A SCANDALIS DO FAOASM DIRECTOR 1.00 X 0 0 0 KAYSE M SHRUM DO DIRECTOR 1.00 X 0 0 0 RAY E STOWERS DO DIRECTOR 1.00 X 0 0 0 WILLIAM D STRAMPEL DO DIRECTOR 1.00 X 0 0 0 RICHARD R TERRY DO MBA DIRECTOR 1.00 X 0 0 0 THOMAS TOLD DO DIRECTOR 1.00 X 0 0 0 DIXIE TOOKE-RAWLINS DO DIRECTOR 1.00 X 0 0 0 JAMES M TURNER DO DEAN DIRECTOR 1.00 X 0 0 0 MARGARET A WILSON DO DIRECTOR 1.00 X 0 0 0 DOUGLAS L WOOD DO PHD DIRECTOR 1.00 X 0 0 0 STEPHEN SHANNON PRESIDENT, CEO 38.00 X X 430381 0 34660 JOHN ROANE CHIEF OPERATING OFFICER, COO 38.00 X 218969 0 19082 LUKE MORTENSEN VP AND CHAIR FOR MEDICAL EDUCATION 38.00 X 185002 0 9056 PAMELA MURPHY VP OF GOVERNMENT RELATIONS 38.00 X 182374 0 17905 TYLER CYMET ASSOCIATE VP FOR MEDICAL EDUCATION, CHIEF OF CLIN 38.00 X 174907 0 26134 THOMAS LEVITAN VP RESEARCH AND ASSISTANT TO THE PRESIDENT 38.00 X 186638 0 17905 ANNA NARANJO PRESIDENT EXECUTIVE ASSISTANT 38.00 X 107484 0 15034 1485755 0 139776 7 0 1 0 LEHMAN ASSOCIATES LLC 2308 MT VERNON AVENUE SUITE 713 ALEXANDRIA VA 22301 TECHNOLOGY SUPPORT 125670 NOSSAMAN LLP 1666 K STREET NW SUITE 500 WASHINGTON DC 20005 LOBBYING/LEGISLATIVE 121153 2 STUDENT APPLICATION FEES 900099 8452609 8452609 MEMBERSHIP DUES 900099 1090018 1090018 ANNUAL MEETING 900099 305615 305615 IPEC MEETING 900099 249863 249863 10098105 269050 269050 13593 13593 5747689 5302904 444785 444785 444785 13831 463 13368 13368 MISCELLANEOUS INCOME 900099 16221 16221 16221 10855122 10098105 0 757017 X 2042 2042 16358 16358 1114378 794691 319687 2051071 1482092 568979 197364 136009 61355 313819 167746 146073 414174 141396 272778 48835 1279 47556 24500 24500 5500 5500 60915 60915 1001190 319513 681677 12599 2424 10175 307390 179153 128237 410531 240022 170509 464082 15126 448956 305487 199737 105750 1098143 493794 604349 186807 70411 116396 10021 10021 TAXES 5272 5272 TEMPORARY SERVICES 367377 179270 188107 CREDIT CARD FEES 148646 142698 5948 DUES AND SUBSCRIPTIONS 107929 72054 35875 136141 2312319 -2176178 8810571 6973634 1836937 0 9861517 11264243 169417 72469 9750 4907 370829 440816 2235746 1474642 532653 761104 6980827 7950448 299066 391215 18224059 20885202 1104660 1112578 2654567 2892901 531179 571928 4290406 4577407 X 13849576 16223105 6303 6916 77774 77774 13933653 16307795 18224059 20885202 2044551 329591 0 X X 0 1 X 1 0 X 885108 953766 1008454 1125740 1090018 5063086 4930271 5680231 6278107 7248352 9021918 33158879 5815379 6633997 7286561 8374092 10111936 38221965 0 0 0 38221965 298730 241164 233295 202717 282643 1258549 298730 241164 233295 202717 282643 1258549 607 9284 10818 16202 36911 16221 16221 6114716 6884445 7530674 8593011 10410800 39533646 0.96680 0.96120 0.03180 0.03880 X 310 154244 154554 8534650 8689204 584460 146115 0 0 443898 479844 523669 584460 2031871 3047807 405204 461495 258524 154554 1279777 110975 119961 130917 146115 507968 761952 1125 4759 457 310 6651 8175937 1985618 613 735365 9426803 7912251 1783695 241 241 1520009 8175937 6980970 1927863 960 669 996873 7912251 6336547 907273 1724 264574 6980970 7371576 716559 4002 7032 1748558 6336547 0.99100 0.00800 0.00100 0 0 802634 527263 275371 495355 449868 45487 937757 497511 440246 761104 DEFERRED RENT 180712 DEFERRED COMPENSATION 391216 571928 X 11124261 329591 463 330054 10794207 60915 60915 10855122 8750119 463 463 8749656 60915 60915 8810571 PART V, LINE 4: AACOM HAS DESIGNATED CERTAIN NET ASSETS FOR SPECIFIED PURPOSES AMOUNTS DESIGNATED MAY BE EXTENDED, ADJUSTED, OR RE-DESIGNATED AT THE DISCRETION OF THE BOARD OF DEANS IN DECEMBER 2004, AACOM IMPLEMENTED ITS RESERVE LEVEL AND SPENDING POLICIES BY REALLOCATING FUNDS FROM THE GENERAL FUND TO A BOARD DESIGNATED RESERVE FUND, A PROJECT CONTINGENCY FUND, AND AN OPERATING CONTINGENCY FUND IN ACCORDANCE WITH THE POLICY GUIDELINES. PERMANATELY RESTRICTED FUNDS OF $77,774 AT JUNE 30, 2014 AND 2013, ARE COMPRISED OF THE SHERRY R. ARNSTEIN MINORITY STUDENT SCHOLARSHIP FUND, WHICH ASSISTS MINORITY STUDENTS AT MEMBER COLLEGES. THE INCOME EARNED ON THE PERMANANTELY RESTRICTED FUNDS IS TEMPORARILY RESTRICTED FOR SCHOLARSHIPS. PART X, LINE 2: THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN. THEREFORE, MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN INCOME TAX POSITIONS. GENERALLY, INCOME TAX RETURNS RELATED TO THE CURRENT AND THREE PRIOR YEARS REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE NETTED IN INCOME 463. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED IN INCOME 463. 1 MINORITY STUDENT SCHOLARSHIPS 5 10000 STUDENT DO AWARD/SCHOLARSHIP 1 1000 PART I, LINE 2: QUARTERLY PROJECT PROGRESS AND FINANCIAL REPORTS ARE REQUIRED FOR THE 18 MONTH MEDICAL EDUCATION AND INSTITUTIONAL RESEARCH GRANTS. A FINAL PROJECT SUMMARY IS REQUIRED TO BE SUBMITTED TO AACOM AT THE END OF THE GRANT PERIOD. THE MINORITY STUDENT SCHOLARHSIP IS MADE ANNULLY TO UNDERREPRESENTED MINORITY STUDENTS AT AN AACOM MEMBER COLLEGE OF OSTEOPATHIC MEDICINE. 5 SCHOLARSHIPS OF $2,000 EACH WERE AWARDED DURING THE 2013 FISCAL YEAR. APPLICANTS FOR THE SCHOLARSHIP MUST BE UNDERREPRESENTED MINORITY STUDENTS ENROLLED AND IN GOOD STANDING ACADEMICALLY AT AN AACOM MEMBER COLLEGE OF OSTEOPATHIC MEDICINE. THE DEFINITION OF AN "UNDERREPRESENTED MINORITY GROUP" WILL BE THE FEDERAL GOVERNMENT'S CURRENT DEFINITION ALL UNDERREPRESENTED MINORITY STUDENTS WILL BE ENCOURAGED TO SUBMIT A 750 WORD ESSAY ON (1) WHAT OSTEOPATHIC MEDICAL SCHOOLS MIGHT DO TO RECRUIT/RETAIN MORE UNDERREPRESENTED MINORITY STUDENTS, (2) WHAT THE APPLICANT PERSONALLY PLANS TO DO AS A STUDENT AND AS A FUTURE D.O. TO HELP INCREASE MINORITY STUDENT ENROLLMENT AT A COLLEGE OF OSTEOPATHIC MEDICINE, AND (3) HOW AND WHY THE APPLICANT WAS DRAWN TO OSTEOPATHIC MEDICINE ESSAYS RECEIVED WILL BE REVIEWED BY THE AACOM SENIOR STAFF OR A TASK FORCE WHO WILL SELECT THE BEST ESSAYS. THE SELECTED ESSAYS WILL BE FORWARDED TO THE BOARD OF DEANS OR THE TASK FORCE ON MINORITY AFFAIRS, WHICH WILL SELECT THE WINNING ESSAY (OR ESSAYS) AND NOTIFY THE WINNER'S SCHOOL(S) OF THE SCHOLARSHIP. X X 1 1 X X X X X X 1 0 0 0 0 0 0 1 0 STEPHEN SHANNON PRESIDENT, CEO 379322 0 20212 0 30847 0 25000 0 12741 0 468122 0 0 0 JOHN ROANE CHIEF OPERATING OFFICER, COO 203561 0 15000 0 408 0 7763 0 17380 0 244112 0 0 0 LUKE MORTENSEN VP AND CHAIR FOR MEDICAL EDUCATION 177678 0 7000 0 324 0 654 0 11719 0 197375 0 0 0 PAMELA MURPHY VP OF GOVERNMENT RELATIONS 170236 0 12000 0 138 0 17118 0 5276 0 204768 0 0 0 TYLER CYMET ASSOCIATE VP FOR MEDICAL EDUCATION, 151323 0 6000 0 17584 0 18452 0 27288 0 220647 0 0 0 THOMAS LEVITAN VP RESEARCH AND ASSISTANT TO THE PRE 170620 0 15000 0 1018 0 17118 0 13114 0 216870 0 0 0 PART I, LINE 1A FICA GROSS-UP PAYMENT FOR HOLIDAY AND OTHER GIFT CERTIFICATES GIVEN TO EMPLOYEES STEPHEN C. SHANNON,DO,MPH, AIRLINE CLUB DUES,$375,TAXABLE, CAR ALLOWANCE, $7,800, TAXABLE. PART I, LINE 4A ANNA NARANJO RECEIVED $36,680 IN SEVERANCE PAY. PART I, LINE 7 BONUS IS SET BASED ON PERFORMANCE. THE EXECUTIVE TEAM MAKES A DECISION HOW MUCH TO AWARD THE EMPLOYEE AT THE END OF THE FISCAL YEAR. LUKE MORTENSEN HIGHLY COMPENSATED EMPLOYEE OF AACOM X 4310 1014 0 0 1 TYLER CYMET HIGHLY COMPENSATED EMPLOYEE OF AACOM X 2850 1406 0 0 1 PAMELA MURPHY HIGHLY COMPENSATED EMPLOYEE OF AACOM X 5040 2487 0 0 1 4907 SCHEDULE L, PART II, COLUMN C, PURPOSE OF LOAN: EFFECTIVE FALL OF 2012, AACOM SHIFTED THE PAYROLL PROCESS FOR ITS EXEMPT STAFF TO AN ARREARS PAYROLL SCHEDULE IN ORDER TO ALIGN THE PAYROLL WITH THAT OF ITS NON-EXEMPT STAFF AND TO CONFORM WITH AN INDUSTRY BEST PRACTICE. THIS PAYROLL CHANGE REQUIRED EXEMPT STAFF TO BANK TWO WEEKS OF PAYROLL, SO AACOM EXTENDED LOANS TO STAFF TO COVER THE BANKED PAYROLL. EXEMPT STAFF WERE REQUIRED TO SIGN AGREEMENTS (THIS NOTE CONTINUES ON NEXT PAGE) TO PAY OFF THE LOANS IN EQUAL INSTALLMENTS. THERE ARE SECURED STEPS IN PLACE TO ENSURE THAT LOANS ARE FULLY PAID SHOULD AN EMPLOYEE RESIGN PRIOR TO PAYING OFF THE LOAN. PAGE 1, PART I, LINE 1: (CONT) INNOVATION, COLLABORATION AND COMMUNITY - AACOM WORKS TO FOSTER COLLABORATION AND INNOVATION AMONG ITS MEMBER COLLEGES IN NUMEROUS AREAS INCLUDING ADMINISTRATION, EDUCATION, RESEARCH AND SERVICE. CENTRALIZED SERVICES - AACOM PROVIDES CENTRALIZED SERVICES INCLUDING DATA COLLECTION AND ANALYSIS AND OPERATION OF AACOMAS, THE NATION'S ONLINE APPLICATION SERVICE FOR STUDENTS APPLYING TO US OSTEOPATHIC MEDICAL SCHOOLS. ENHANCED AWARENESS - AACOM DEVELOPS NATIONAL INITIATIVES TO PROMOTE AND RAISE AWARENESS OF OSTEOPATHIC MEDICAL EDUCATION AND OSTEOPATHIC MEDICINE. FORM 990, PART VI, SECTION A, LINE 1 DURING THE YEAR THERE WERE THIRTY-TWO VOTING BOARD MEMBERS. AT JUNE 30, 2014 THERE WERE ONLY 35 VOTING BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE (AACOM) CONSIST OF COLLEGES OF OSTEOPATHIC MEDICINE WHICH ARE PROVISIONALLY OR FULLY ACCREDITED BY THE AMERICAN OSTEOPATHIC ASSOCIATION COMMISSION ON OSTEOPATHIC COLLEGE ACCREDITATION AND WHO ARE ELECTED TO COLLEGE MEMBERSHIP BY A MAJORITY VOTE OF THE BOARD OF DEANS. THE BOARD OF DEANS IS THE GOVERNING BODY WHICH DETERMINES THE POLICIES AND MANAGES THE AFFAIRS AND ACTIVITIES OF AACOM. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE DEPARTMENT ASSISTS THE TAX PREPARER IN PROVIDING INFORMATION FOR THE 990. THE DRAFT IS REVIEWED BY THE COO AND CONTROLLER AND THEN PRESENTED FOR REVIEW DURING A MEETING OF THE AUDIT COMMITTEE. IT IS POSSIBLE THE AUDIT COMMITTEE WILL SUGGEST CHANGES. THE APPROVED RETURN IS SENT TO THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE AN INQUIRY/ACTION FORM ANNUALLY WHERE POTENTIAL CONFLICTS OF INTEREST ARE REPORTED. PERCEIVED OR ACTUAL CONFLICTS OF INTEREST ARE ADDRESSED WITH BOARD MEMBERS BY THE ETHICS COMMITTEE CHAIR. ETHICS COMMITTEE MEETINGS ARE HELD TO REVIEW ANY POTENTIAL CONFLICTS OF INTEREST BROUGHT TO THE ATTENTION OF THE ETHIC COMMITTEE BY THE ETHICS COMMITTEE CHAIR. THE ETHICS COMMITTEE DOCUMENTS THE POTENTIAL CONFLICTS, THE RESULTS OF THEIR REVIEW, AND DISPOSITION OF THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 AACOM EMPLOYED AN OUTSIDE CONSULTING FIRM TO CONDUCT A COMPENSATION ANALYSIS OF THE SALARY AND FRINGE BENEFITS OF THE PRESIDENT/CEO IN JULY 2012. DATA FROM COMPARABLE ORGANIZATIONS AND FROM STUDIES AND REPORTS WERE USED IN THE ANALYSIS. THE COMPENSATION COMMITTEE REVIEWED THE RESULTS OF THE STUDY AND IMPLEMENTED THE FIRM'S RECOMMENDATIONS ON JULY 1, 2012. THE SALARIES OF PRESIDENT/CEO AND THE COO ARE CURRENTLY REVIEWED BY AN EXTERNAL CONSULTING FIRM. THE SALARIES OF OTHER KEY EMPLOYEES AND STAFF WERE REVIEWED BY ANOTHER OUTSIDE FIRM IN DECEMBER 2014. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE CURRENTLY MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 169,021. MANAGEMENT AND GENERAL EXPENSES 97,595. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 266,616. ACCOUNTING AND HR CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 193,144. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 193,144. TECHNOLOGY CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 292,917. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 292,917. HR CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 98,021. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 98,021. LEGISLATIVE AND LOBBYING SUPPORT: PROGRAM SERVICE EXPENSES 150,492. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 150,492. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.