2015-11-11T10:21:44-06:00 2014-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2014-01-01 364367987 AMERICAN ACADEMY OF DERMATOLOGY ASSOCIATION INC AMER 8473300230 930 EAST WOODFIELD ROAD SCHAUMBURG IL 601734729 STEVE DEBNAR CHIEF FINANCIAL OFFICER 8473300230 2015-10-13 1 DAVID LOWENTHAL P00378651 3122071040 2015-10-13 2014 2016-03-07 17:11:31Z STEVE DEBNAR 930 EAST WOODFIELD ROAD SCHAUMBURG IL 601734729 29239562 0 X WWW.AADASSOCIATION.ORG X 2000 MN PROMOTING LEADERSHIP IN DERMATOLOGY AND EXCELLENCE IN PATIENT CARE THROUGH RESEARCH AND ADVOCACY. 28 21 0 812 630079 53324 173995 174250 10955598 11238818 863350 542833 288160 260720 12281103 12216621 170424 106235 0 0 4346814 5011459 63228 62383 0 4789553 4589124 9370019 9769201 2911084 2447420 16346431 17236214 8052036 8164004 8294395 9072210 TO REPRESENT THE INTERESTS OF DERMATOLOGISTS AND THEIR PATIENTS. TO INFLUENCE AND BE A CREDIBLE RESOURCE FOR PUBLIC AND PRIVATE ENTITIES RELATED TO ALL POLICIES AND REGULATIONS THAT HAVE THE POTENTIAL TO AFFECT THE DELIVERY OF DERMATOLOGIC CARE. 0 0 ADVOCACY AND POLICY - DEVELOPING POSITION STATEMENTS AND TESTIMONY, LOBBYING AND SERVING AS A RESOURCE FOR FEDERAL AND STATE LEGISLATIVE AND REGULATORY ENTITIES RELATED TO THE DELIVERY OF QUALITY DERMATOLOGIC CARE AND SKIN DISEASE RESEARCH AND PREVENTION. HEALTH CARE DELIVERY (DERMATOLOGIC PRACTICE)- PROVIDING ACADEMY MEMBERS WITH ASSISTANCE AND EDUCATION RELATED TO APPROPRIATELY RUNNING AN EFFICIENT PRACTICE INCLUDING COMPLIANCE WITH RELEVANT REGULATIONS, IMPLEMENTATION OF HEALTH INFORMATION TECHNOLOGY, CODING AND REIMBURSEMENT, AND GENERAL PRACTICE MANAGEMENT ISSUES. 0 1 1 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 16 0 1 0 1 1 0 0 0 0 0 X 28 21 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X STEVE DEBNAR 8472401128 930 E WOODFIELD RD SCHAUMBURG IL 60173 BRETT M COLDIRON MD PRESIDENT OF THE BOARD 0.00 30.00 X X 0 127750 0 MARK LEBWOHL MD PRESIDENT-ELECT OF THE BOARD 0.00 2.00 X X 0 30000 0 ELISE A OLSEN MD VICE PRESIDENT OF THE BOARD 0.00 2.00 X X 0 30000 0 TIMOTHY G BERGER MD VICE PRESIDENT-ELECT OF THE BOARD 0.00 1.00 X X 0 10750 0 SUZANNE M OLBRICHT MD SECRETARY-TREASURER OF THE BOARD 0.00 15.00 X X 0 157000 0 BARBARA MATHES MD ASSISTANT SECRETARY-TREASURER OF THE BOARD 0.00 5.00 X X 0 50000 0 DIRK M ELSTON MD IMMEDIATE PAST PRESIDENT OF THE BOARD 0.00 20.00 X X 0 79432 0 LISA A GARNER MD IMMEDIATE PAST VICE PRESIDENT OF THE BOARD 0.00 2.00 X X 0 10000 0 NEAL D BHATIA MD BOARD DIRECTOR 0.00 0.30 X 0 0 0 KEVIN D COOPER MD BOARD DIRECTOR 0.00 0.50 X 0 0 0 SHEILA FALLON FRIEDLANDER MD BOARD DIRECTOR 0.00 0.30 X 0 0 0 JANE M GRANT-KELS MD BOARD DIRECTOR 0.00 0.30 X 0 0 0 ROBERT T BRODELL MD BOARD DIRECTOR 0.00 0.30 X 0 0 0 JULIE A HODGE MD MPH BOARD DIRECTOR 0.00 0.50 X 0 0 0 GEORGE J HRUZA MD MBA BOARD DIRECTOR 0.00 0.30 X 0 750 0 PAUL A STORRS MD BOARD DIRECTOR 0.00 0.30 X 0 0 0 STEPHEN H MANDY MD BOARD DIRECTOR 0.00 0.30 X 0 0 0 JACK S RESNECK JR MD BOARD DIRECTOR 0.00 2.80 X 0 7500 0 KATHRYN SCHWARZENBERGER MD BOARD DIRECTOR 0.00 2.50 X 0 0 0 ABEL TORRES MD JD BOARD DIRECTOR 0.00 0.30 X 0 0 0 ROBERT D DURST JR MD BOARD DIRECTOR 0.00 1.00 X 0 0 0 ALICE B GOTTLIEB MD PHD BOARD DIRECTOR 0.00 0.30 X 0 0 0 THOMAS E ROHRER MD BOARD DIRECTOR 0.00 0.30 X 0 3000 0 PHOEBE RICH MD BOARD DIRECTOR 0.00 0.30 X 0 0 0 JAMES M SPENCER MD BOARD DIRECTOR 0.00 0.30 X 0 0 0 ILONA J FRIEDEN MD BOARD DIRECTOR 0.00 0.30 X 0 0 0 DEE ANNA GLASER MD BOARD DIRECTOR 0.00 0.30 X 0 0 0 RONALD P RAPINI MD BOARD DIRECTOR 0.00 0.30 X 0 0 0 ELAINE C WEISS EXECUTIVE DIRECTOR & CEO 0.00 45.00 X 0 504147 164272 STEVEN J DEBNAR CHIEF FINANCIAL OFFICER 0.00 43.00 X 0 154421 55903 BARBARA GREENAN SENIOR DIRECTOR, ADVOCACY & POLICY 0.00 47.00 X 0 239330 42350 SARAH TANCREDI MANAGING DIRECTOR, ADMINISTRATION 0.00 42.00 X 0 230269 64723 NAHEED ALI SENIOR DIRECTOR, COMMUNITY, CORPORATE & PHILANTHRO 0.00 50.00 X 0 208266 56956 MELANIE TOLLEY HALL SENIOR DIRECTOR, INTEGRATED COMMUNICATIONS 0.00 48.00 X 0 195043 39629 ERIK HORN DIRECTOR, INFORMATION TECHNOLOGY 0.00 41.00 X 0 173617 29138 SHAWN FRIESEN DIRECTOR, LEGISLATIVE, POLITICAL & GRASSROOTS ADVO 0.00 46.00 X 0 173495 57226 TIMOTHY MOSES DIRECTOR, MEETINGS & CONVENTIONS 0.00 48.00 X 0 168088 37465 DEBRA GIST SENIOR DIRECTOR, EDUCATION 0.00 39.50 X 0 173592 39138 LARA LOWERY DIRECTOR, CREATIVE & PUBLISHING 0.00 44.00 X 0 153932 31707 LESLIE LLOYD DIRECTOR, REGULATORY & PAYMENT POLICY 0.00 50.00 X 0 149449 56416 SUZANNE LOTHARY DIRECTOR, MARKETING 0.00 43.00 X 0 138750 50985 ROSEANNE FISCHOFF DIRECTOR, SCIENCE, QUALITY & PRACTICE 0.00 47.00 X 0 135961 50703 KRISTA KAUPER SENIOR DIRECTOR, CONSTITUENT RELATIONS & STRATEGIC 0.00 49.00 X 0 130387 20551 CYNTHIA DEL BOCCIO DIRECTOR, EXECUTIVE OFFICE 0.00 45.00 X 0 130285 31645 0 3565214 828807 0 0 1 0 PONTE GADEA WASHINGTON 270 BISCAYNE BLVD WAY MIAMI FL 33131 RENTAL 621638 ELSEVIER INC PO BOX 628239 ORLANDO FL 32862 MEMBER SUBSCRIPTIONS 428184 WALSWORTH PUBLISHING COMPANY PO BOX 310287 DES MOINES IA 50331 PRINTING SERVICES 144029 CAPITOL COUNSEL LLC 901 15TH ST NW SUITE 500 WASHINGTON DC 20005 CONSULTING SERVICES 144000 4 174250 174250 MEMBERSHIP DUES 900099 9226731 9226731 JAAD & OTHER ROYALTIES 900099 1116243 1116243 ADVERTISING 541800 543624 543624 MAILING LIST RENTAL REVENUE 541860 211164 124709 86455 MEETINGS 900099 141056 141056 11238818 392583 392583 17122114 16971864 150250 150250 150250 311797 51077 260720 260720 12216621 9753216 630079 1659076 91580 4900 9755 3903797 281036 542613 284013 77183 24430 267406 62383 47126 441615 183818 696443 109046 751047 950000 183981 78956 33336 BOOKS & SUBSCRIPTIONS 513703 STAFF EDUCATION 95059 MEMBERSHIP DUES 77935 RECRUITMENT 24188 33852 9769201 1236935 811932 903609 827694 37500 63750 384775 347227 177298 219561 1104131 697539 478563 406592 11205398 12617217 1922353 1942241 16346431 17236214 62298 94100 7108203 7228077 881535 841827 8052036 8164004 X 8181720 8929710 112675 142500 8294395 9072210 16346431 17236214 X 2447420 21368 -1690973 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED AADA POLITICAL ACTION COMMITTEE 1445 NEW YORK AVENUE NW WASHINGTON DC 20005 147525 0 0 1 9269610 1329722 -931116 398606 1431338 -1032732 PART I-A, LINE 1: THE AMERICAN ACADEMY OF DERMATOLOGY ASSOCIATION PAC (AADA PAC OR SKINPAC) SUPPORTED CAMPAIGNS OF CANDIDATES RUNNING FOR FEDERAL OFFICE (U.S. HOUSE OF REPRESENTATIVES AND U.S. SENATE) IN 2014. AADA PAC'S POLITICAL ACTIVITIES INCLUDED, BUT NOT LIMITIED TO, CONTRIBUTIONS TO FEDERAL CANDIDATE PACS, NATIONAL POLITICAL PARTY CAMPAIGNS, CONGRESSIONAL CAMPAIGN COMMITTEES, AND PARTICIPATING IN POLITICAL FUNDARAISING EVENTS FOR FEDERAL CANDIDATES. 720532 419780 300752 383599 277759 105840 406592 DUE FROM RELATED ORGANIZATION 1942241 1942241 DUE TO RELATED ORGANIZATION 841827 841827 X 12241940 21368 51077 72445 12169495 47126 47126 12216621 10764405 1042330 1042330 9722075 47126 47126 9769201 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATE OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ACADEMY AND RECOGNIZE A TAX LIABILITY IF THE ACADEMY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ACADEMY AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2014 AND 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. THE ACADEMY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVENTORY COSTS NETTED AGAINST REVENUES 51,077. PART XII, LINE 2D - OTHER ADJUSTMENTS: INVENTORY COSTS NETTED AGAINST REVENUES 51,077. COMPENSATION ALLOCATED TO AFFILIATED ORGANZIATION 991,253. 0 EUROPE (INCLUDING ICELAND & GREENLAND) 0 9 EUROPEAN ACADEMY OF DERMATOLOGY & VENEREOLOGY CONGRESS MEETING ATTENDANCE 8035 NORTH AMERICA 0 1 CANADIAN DERMATOLOGY ASSOCIATION MEETING ATTENDANCE 637 NORTH AMERICA 0 1 SPECIALTY LIBRARY ASSOCIATION MEETING ATTENDANCE 417 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 INTERNATIONAL DERMATOLOGY OUTCOME MEASURES MEETING ATTENDANCE 665 0 12 0 0 0 12 9754 0 9754 EUROPEAN ACADEMY OF DERMATOLOGY & VENEREOLOGY EUROPE (INCLUDING ICELAND & GREENLAND) 4 8035 CHECK CDA MEETING NORTH AMERICA 1 637 CHECK SPECIALTY LIBRARY ASSOCIATION NORTH AMERICA 1 417 CHECK INTERNATIONAL DERMATOLOGY OUTCOME MEASURES EUROPE (INCLUDING ICELAND & GREENLAND) 1 665 CHECK 0 0 0 0 0 0 PART I, LINE 2: ACADEMY'S LEADERSHIP MEETS WITH INTERNATIONAL FOUNDATION FOR DERMATOLOGY TO REVIEW THE FOUNDATION'S WORK IN THE PREVENTION AND TREATMENT OF SKIN DISEASES. X X X 1 MEMBERSHIP MARKETING SERVICES 1280 PERIMETER PARKWAY VIRGINA BEACH VA 23454 FUNDS SOLICITATION / TELEMARKETING FOR SKINPAC 0 0 62383 62383 62383 62383 1 INDIANA ACADEMY OF DERMATOLOGY INC 332 CANAL WALK INDIANPOLIS IN 46202 351968044 501(C)(3) 7000 STATE ADVOCACY FUND COLORADO DERMATOLOGIC SOCIETY 45825 S ULISTER STREET DENVER CO 80155 841189756 501(C)(3) 7000 STATE ADVOCACY FUND LOUISIANA DERM SOCIETY 1542 TULANE AVE NEW ORLEANS LA 70112 841629171 501(C)(3) 8000 STATE ADVOCACY FUND FLORIDA SOC OF DERM 11891 MONGOLIA FALLS DRIVE JACKSONVILLE FL 32258 591747553 501(C)(3) 5000 STATE ADVOCACY FUND MINNESOTA DERMATOLOGICAL PO BOX 24475 MINNEAPOLIS MN 55424 203941916 501(C)(3) 7000 STATE ADVOCACY FUND GEORGIA SOCIETY OF DERMATOLOGISTS 6134 POPLAR BLUFF CR NORCROSS GA 30092 581333683 501(C)(3) 6000 STATE ADVOCACY FUND WASHINGTON STATE DERMATOLOGY ASSOC 2033 6TH AVENUE SEATTLE WA 98121 943167911 501(C)(3) 6000 STATE ADVOCACY FUND PENNSYLVANIA ACADEMY OF DERMATOLOGY 777 E PARK DRIVE HARRISBURG PA 17105 232000689 501(C)(3) 8000 STATE ADVOCACY FUND NORTH CAROLINA DERMATOLOGY ASSOC PO BOX 27167 RALEIGH NC 27611 561449545 501(C)(3) 8000 STATE ADVOCACY FUND ARIZONA DERM AND DERM SURGERY SOCIETY 7402 E VISTA DRIVE SCOTTSDALES AZ 85250 273569120 501(C)(3) 7500 STATE ADVOCACY FUND DERMATOLOGY FOUNDATION 1550 SHERMAN AVE EVANSTON IL 60201 046115524 501(C)(3) 15400 INTERNATIONAL VOLUNTEER PROGRAMS 11 INTERNATIONAL VOLUNTEER PROGRAMS 8 4900 PART I, LINE 2: RECIPIENTS OF THE GRANT ARE REQUIRED TO COMPLETE A SURVEY THAT STATES WHAT FIELD IN DERMATOLOGY THE RESIDENT IS ENTERING AND WHERE THE RESIDENT WILL BE PRACTICING, SUCH AS RURAL OR URBAN AREA. 0 0 0 SUZANNE M OLBRICHT MD SECRETARY-TREASURER OF THE BOARD 0 157000 0 0 0 0 0 0 0 0 0 157000 0 0 ELAINE C WEISS EXECUTIVE DIRECTOR & CEO 0 387289 0 106763 0 10095 0 136753 0 27519 0 668419 0 0 STEVEN J DEBNAR CHIEF FINANCIAL OFFICER 0 140308 0 12864 0 1249 0 26281 0 29622 0 210324 0 0 BARBARA GREENAN SENIOR DIRECTOR, ADVOCACY & POLICY 0 224691 0 13979 0 660 0 38264 0 4086 0 281680 0 0 SARAH TANCREDI MANAGING DIRECTOR, ADMINISTRATION 0 207038 0 15491 0 7740 0 36510 0 28213 0 294992 0 0 NAHEED ALI SENIOR DIRECTOR, COMMUNITY, CORPORAT 0 189179 0 18535 0 552 0 35393 0 21563 0 265222 0 0 MELANIE TOLLEY HALL SENIOR DIRECTOR, INTEGRATED COMMUNIC 0 177525 0 16000 0 1518 0 18770 0 20859 0 234672 0 0 ERIK HORN DIRECTOR, INFORMATION TECHNOLOGY 0 159414 0 13803 0 400 0 25902 0 3236 0 202755 0 0 SHAWN FRIESEN DIRECTOR, LEGISLATIVE, POLITICAL & G 0 159094 0 14161 0 240 0 28688 0 28538 0 230721 0 0 TIMOTHY MOSES DIRECTOR, MEETINGS & CONVENTIONS 0 154367 0 13169 0 552 0 28053 0 9412 0 205553 0 0 DEBRA GIST SENIOR DIRECTOR, EDUCATION 0 143068 0 12740 0 17784 0 27784 0 11354 0 212730 0 0 LARA LOWERY DIRECTOR, CREATIVE & PUBLISHING 0 142833 0 10739 0 360 0 20688 0 11019 0 185639 0 0 LESLIE LLOYD DIRECTOR, REGULATORY & PAYMENT POLIC 0 139862 0 9227 0 360 0 25432 0 30984 0 205865 0 0 SUZANNE LOTHARY DIRECTOR, MARKETING 0 130226 0 8230 0 294 0 24416 0 26569 0 189735 0 0 ROSEANNE FISCHOFF DIRECTOR, SCIENCE, QUALITY & PRACTIC 0 125869 0 9768 0 324 0 17458 0 33245 0 186664 0 0 KRISTA KAUPER SENIOR DIRECTOR, CONSTITUENT RELATIO 0 126419 0 0 0 3968 0 13940 0 6611 0 150938 0 0 CYNTHIA DEL BOCCIO DIRECTOR, EXECUTIVE OFFICE 0 118284 0 11360 0 641 0 21337 0 10308 0 161930 0 0 PART I, LINE 3 COMPENSATION REVIEW PROCEDURES ARE PERFORMED BY A RELATED ORGANIZATION, AMERICAN ACADEMY OF DERMATOLOGY (AAD). FORM 990, PART VI, SECTION A, LINE 6 AADA IS AN ASSOCIATION REPRESENTING APPROXIMATELY 19,000 DERMATOLOGISTS, WHO BECOME MEMBERS OF THE ACADEMY. THE ACADEMY HAS TEN CLASSES OF MEMBERS BUT ONLY FELLOWS AND LIFE AND HONORARY MEMBERS WHO WERE FELLOWS ARE ELIGIBLE TO VOTE AND SERVE IN ANY ELECTIVE OFFICE. MEMBERS ANNUALLY ELECT THE PRESIDENT TO A THREE YEAR TERM AS PRESIDENT ELECT, PRESIDENT, AND PAST PRESIDENT AND VICE-PRESIDENT TO TWO YEAR TERM AS VICE-PRESIDENT ELECT AND VICE PRESIDENT. ADDITIONALLY, MEMBERS ALSO ELECT FOUR DIRECTORS TO SERVE A FOUR YEAR TERM. PROPOSED AMENDMENTS TO THE BY-LAWS BY THE BOARD OF DIRECTORS ARE SUBJECT TO APPROVAL BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A SEE EXPLANATION OF LINE 6 ABOVE. FORM 990, PART VI, SECTION A, LINE 7B SEE EXPLANATION OF LINE 6 ABOVE. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD RETAINED THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO THE BOARD OF DIRECTORS' PRIOR TO FILING. THE RETURN IS POSTED ON A SECURED WEB SITE FOR THEIR REVIEW. BOARD MEMBERS ARE GIVEN A REASONABLE PERIOD OF TIME TO CONTACT EITHER MANAGEMENT OR THE CPA FIRM WITH ANY QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, COMMITTEE MEMBERS, EDITORS, SPEAKERS, AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AS A PRECURSOR TO THEIR SERVICE TO THE ORGANIZATION. DETAILED BELOW IS THE DISCLOSURE PROCESS: DISCLOSURE PROCESS 1. THE INDIVIDUALS COVERED ARE REQUIRED TO ELECTRONICALLY SUBMIT A DISCLOSURE STATEMENT ACKNOWLEDGING A DUTY TO SERVE THE ACADEMY IN GOOD FAITH AND WITH UNDIVIDED LOYALTY. THESE INDIVIDUALS ARE TO DESCRIBE ALL PERSONAL OR PROFESSIONAL CIRCUMSTANCES WHICH MIGHT CREATE A POTENTIAL CONFLICT OF INTEREST WITH THE INTERESTS OF THE ACADEMY. ACCOMPANYING THIS POLICY STATEMENT AS EXHIBIT A IS A SAMPLE COPY OF SUCH A DISCLOSURE STATEMENT. MEMBERS WHO DO NOT SUBMIT A YEARLY CONFLICT OF INTEREST DISCLOSURE, MAY LOSE THE RIGHT TO HOLD OFFICE AND, EXCEPT IN UNUSUAL CIRCUMSTANCES APPROVED IN ADVANCE BY THE BOARD OF DIRECTORS, TO PARTICIPATE IN ACADEMY PROGRAMS AS A FACULTY MEMBER, PRESENTER, OR SCIENTIFIC EXHIBIT CONTRIBUTOR, OR PARTICIPATE ON A COUNCIL, COMMITTEE OR TASK FORCE. REVIEW PROCESS 1.OFFICERS, DIRECTORS, CHAIRMEN AND MEMBERS OF COUNCILS, COMMITTEES, AND TASK FORCES, THE EDITORS OF JAAD AND SENIOR STAFF WILL SUBMIT THEIR STATEMENTS DIRECTLY ONTO THE ACADEMY WEBSITE. 2.THE STATEMENTS ARE PROVIDED AT EVERY COMMITTEE MEETING TO ALL COMMITTEE MEMBERS. IF NECESSARY, THE CHAIRMEN WILL FORWARD THOSE THAT APPEAR TO HAVE CONFLICTS WHICH COULD PREVENT THEM FROM SERVING TO THE SECRETARY-TREASURER WITH ANY RELEVANT OBSERVATIONS OR RECOMMENDATIONS. 3.THE SECRETARY-TREASURER WILL REVIEW ALL STATEMENTS SUBMITTED FOR FURTHER REVIEW AND IF NECESSARY WILL FORWARD TO THE ETHICS COMMITTEE, WHILE AT THE SAME TIME INFORMING THE BOARD OF DIRECTORS OF ANY CONFLICTS THAT APPEAR ESPECIALLY SIGNIFICANT. 4.THE ETHICS COMMITTEE WILL REVIEW AND INITIATE ANY REQUEST FOR FURTHER INFORMATION AND PROMPTLY PREPARE A REPORT TO THE SECRETARY-TREASURER REGARDING ITS FINDINGS. THE SECRETARY-TREASURER WILL REPORT TO THE BOARD OF DIRECTORS ON ANY ITEMS FOUND BY THE COMMITTEE TO BE OF SPECIAL SIGNIFICANCE. ALL DISCLOSURE STATEMENTS WILL BE RETAINED ON THE ACADEMY SERVER. THEY WILL BE AVAILABLE ELECTRONICALLY FOR REVIEW BY MEMBERS OF THE BOARD OF DIRECTORS AND STAFF, AND UPON REQUEST BY ACADEMY MEMBERS. THEY WILL BE AVAILABLE TO THE COUNCIL, COMMITTEE AND TASK FORCE MEMBERS TO REVIEW PRIOR TO ALL CONFERENCE CALLS AND MEETINGS. ALL MEMBERS FILING AN ANNUAL DISCLOSURE STATEMENT WILL BE OBLIGATED TO PROMPTLY UPDATE ANY CHANGE IN CIRCUMSTANCES WHICH MIGHT GIVE RISE TO AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. MEMBERS ALSO SHOULD VERBALLY DISCLOSE AND UPDATE THEIR CONFLICT OF INTEREST FORM FOR ANY RELEVANT CONFLICTS THAT MAY OCCUR DURING A CONFERENCE CALL OR MEETING THAT DO NOT ALREADY APPEAR ON THE DISCLOSURE FORM. CHAIRMEN OF COUNCILS, COMMITTEE AND TASK FORCES ARE REQUIRED TO INCLUDE IN THE SUMMATION REPORT ANY CONFLICT OF INTERESTS THAT HAVE BEEN EXPRESSED BY A MEMBER DURING A MEETING OR CONFERENCE CALL. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION AND REVIEW PROCEDURES ARE PERFORMED BY A RELATED ORGANIZAITON, AMERICAN ACADEMY OF DERMATOLOGY (AAD). THE COMPETITIVE MARKET IS TYPICALLY DEFINED IN TERMS OF REVENUE AND COMPANY SIZE. TO DEFINE COMPETITIVE MARKET THE ACADEMY CONSIDERS THE FOLLOWING AS VALID RESOURCES FOR COMPARABLE MARKET DATA: COMPANIES WITH SIMILAR OPERATING BUDGET; COMPANIES WITH ROUGHLY SAME NUMBER OF EMPLOYEES; AND COMPANIES WHO OPERATE UNDER LIKE CIRCUMSTANCES. COMPENSATION DECISIONS ARE RECOMMENDED BY THE COMPENSATION COMMITTEE THAT CONSISTS OF INDEPENDENT OFFICERS OF THE BOARD OF DIRECTORS AND APPROVED BY THE BOARD OF DIRECTORS. THE DECISIONS ARE BASED ON ANALYSIS OF COMPARABLE MARKET DATA. OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION: COMPENSATION OF KEY EMPLOYEES OF THE ORGANIZATION IS DETERMINED IN THE SAME FASHION OF THE EXECUTIVE DIRECTOR ALTHOUGH THEIR COMPENSATION DECISIONS ARE APPROVED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE ON THE ACADEMY'S WEB SITE FOR THE MEMBERSHIP AND PUBLIC TO VIEW. THE ANNUAL FINANCIAL STATEMENTS ARE PUBLISHED IN DERMATOLOGY WORLD, THE ACADEMY'S MAGAZINE, AND ARE AVAILABLE ON GUIDESTAR. FORM 990, PART XI, LINE 9: TRANSFER TO AAD -699,720. OFFICER COMPENSATION ALLOCATED TO AADA ON FINANCIAL STATEMENTS -991,253. AMERICAN ACADEMY OF DERMATOLOGY INC 930 EAST WOODFIELD ROAD SCHAUMBURG IL 60173 410793046 MEMBERSHIP ASSOCIATION FOR DERMATOLOGISTS. IL 501(C)(3) LINE 9 0 AMERICAN ACADEMY OF DERMATOLOGY ASSOCIATION POLITICAL ACTION COMMITTEE 1445 NEW YORK AVENUE NW WASHINGTON DC 20005 POLITICAL ACTION COMMITTEE SUPPORTING DERMATOLOGISTS DC 527 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 AMERICAN ACADEMY OF DERMATOLOGY INC P 699720 FAIR MARKET VALUE