2015-10-20T07:37:45-05:00 2014-12-31 420714325 MCGLADREY LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2014-01-01 522036929 AMERICAN BUS ASSOCIATION FOUNDATION AMER 2028421645 111 K STREET NE 9TH FLOOR WASHINGTON DC 200028110 PETER J PANTUSO PRESIDENT & CEO 2028421645 2015-10-19 1 YONG ZHANG CPA P01249785 7033366400 2014 2016-02-25 16:41:14Z PETER J PANTUSO 111 K STREET NE 9TH FLOOR WASHINGTON DC 200028110 1498483 0 X WWW.BUSES.ORG X 1997 DC THE ABA FOUNDATION IS ESTABLISHED FOR EDUCATIONAL, SCIENTIFIC, AND CHARITABLE PURPOSES. IT PROVIDES SCHOLARSHIPS TO DESERVING STUDENTS THROUGH THE GEORGE T. SNYDER, JR. SCHOLARSHIP FUND. THE FOUNDATION ENHANCES THE QUALITY AND LEVEL OF PROFESSIONAL KNOWLEDGE AND SKILLS OF INTERCITY BUS OPERATORS, AND CONDUCTS RESEARCH AND DEVELOPS EDUCATIONAL PROGRAMS DESIGNED TO ENHANCE THE SAFETY AND EFFICIENCY OF THE INTERCITY BUS INDUSTRY. 14 13 0 20 0 0 429677 301985 0 0 162252 253434 113498 111613 705427 667032 57500 62500 0 0 0 0 0 0 0 205793 222418 263293 284918 442134 382114 4932187 5247782 30050 20035 4902137 5227747 THE ABA FOUNDATION MISSION IS TO ANSWER THE CALL TO SUPPORT THE INDUSTRY WITH RESEARCH AND SCHOLARSHIPS THAT BENEFIT THE ABA, POLICY-MAKERS, AND THE PUBLIC. 0 0 105602 RESEARCH - THE AMERICAN BUS ASSOCIATION FOUNDATION IS CONTINUALLY EXPLORING NEW WAYS TO SHOW THE IMPORTANT ROLE MOTORCOACH TRAVEL AND TOUR PLAY IN OUR SOCIETY. OUR DATA PROVIDES THE ONLY SOURCE OF INFORMATION TO AID INDUSTRY EFFORTS IN LEGISLATURES ACROSS THE COUNTRY. WE ARE FIGHTING FOR YOUR BUSINESS EVERYDAY BY PROVIDING THE INFORMATION NECESSARY TO CHANGE MINDS AND WIN ALLIES. 62500 62500 SCHOLARSHIP AWARDS - ABAF AWARDED TWENTY THREE SCHOLARSHIPS OF $2,500 EACH IN 2014 IN RESEARCH GRANTS. 168102 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 DC X ERIC BRADENDEL 2028421645 111 K STREET NE 9TH FLOOR WASHINGTON DC 200028110 MR DOUGLAS ANDERSON CHAIRMAN 1.00 1.00 X X 0 0 0 MR BERT ASKWITH CHAIRMAN EMERITUS 1.00 X X 0 0 0 MR PETER PANTUSO PRESIDENT & SECRETARY 1.00 39.00 X X 0 377440 36722 MR GAETAN BOLDUC TREASURER 1.00 1.00 X X 0 0 0 MR EUGENE BERARDI JR RESEARCH CMTE. CHAIRMAN 1.00 1.00 X 0 0 0 MS BRENDA BORWEGE FUNDRAISING CMTE. CHAIRWOMAN 1.00 X 0 0 0 MR BRYAN COLE MEMBER 1.00 X 0 0 0 MR RONALD ERYE MEMBER 1.00 1.00 X 0 0 0 MS SARA HAMLIN VICE CHAIRMAN 1.00 X 0 0 0 MS CARMEN MCCLOUD SCHOLARSHIP CMTE. CHAIRWOMAN 1.00 X 0 0 0 MR FRANK HENRY NOMINATING CMTE. CHAIRMAN 1.00 1.00 X 0 0 0 MR TOM JEBRAN MEMBER 1.00 1.00 X 0 0 0 MR KARL WEBB MEMBER 1.00 X 0 0 0 MR PATRICK SCULLY MEMBER 1.00 X 0 0 0 0 377440 36722 0 0 1 0 0 39500 262485 301985 63607 63607 996502 806675 189827 189827 189827 136389 24776 111613 111613 667032 0 0 365047 62500 62500 486 486 13359 13359 16003 16003 14774 14774 29354 29354 5371 5371 16863 16863 11471 11471 RESEARCH 105602 105602 BAD DEBT EXPENSE 5970 5970 TEMPORARY HELP 1790 1790 STATE REGISTRATION FEES 1375 1375 284918 168102 116816 0 190691 675459 461180 97305 1006615 423742 15431 21097 3234541 4030179 23729 0 4932187 5247782 189 30050 19054 0 792 30050 20035 X 1295041 1439169 3607096 3788578 4902137 5227747 4932187 5247782 382114 -56504 0 X X 0 1 X 1 0 X 639977 736448 983253 429677 301985 3091340 639977 736448 983253 429677 301985 3091340 819224 2272116 28947 34380 39512 48011 63607 214457 209762 172557 169339 140857 136389 828904 4134701 0.54950 0.64680 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME FROM EXEMPT ACTIVITIES - 2010 AMOUNT: $ 209,762. 2011 AMOUNT: $ 172,557. 2012 AMOUNT: $ 169,339. 2013 AMOUNT: $ 140,857. 2014 AMOUNT: $ 136,389. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 AMOUNTS DUE TO AMERICAN BUS ASSOCIATION 792 792 X 619301 -56504 24776 -31728 651029 16003 16003 667032 293691 24776 24776 268915 16003 16003 284918 PART X, LINE 2: THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME, WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE FOUNDATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR DECEMBER 31, 2014. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISION OF THIS GUIDANCE. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON LINE 8B 24,776. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON LINE 8B 24,776. SILENT AUCTION 54230 54230 22189 LIVE AUCTION 27250 27250 333 2 54909 54909 2254 136389 136389 24776 24776 111613 0 0 0 0 0 0 0 0 0 MR PETER PANTUSO PRESIDENT & SECRETARY 0 331894 0 45546 0 0 0 31000 0 5722 0 414162 0 0 FORM 990, PART VI, SECTION B, LINE 11 ABA FOUNDATION DOES NOT PROVIDE A COPY OF THE FULL FORM 990 TO ITS BOARD FOR REVIEW PRIOR TO FILLING. ABA FOUNDATION HAS QUARTERLY BOARD MEETINGS AND PROVIDES ACCESS TO ALL OF THE INFORMATION THAT IS INCORPORATED INTO THE FINAL FORM 990 INCLUDING SUCH INFORMATION AS EMPLOYEE COMPENSATION, INSURANCE POLICIES, AND AUDITED FINANCIAL STATEMENTS AT EACH MEETING. THE BOARD HAS FULL ACCESS TO THE FINAL FORM 990 FOLLOWING ITS FILING AS DOES EVERY MEMBER OF THE PUBLIC. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REMINDED OF THE CONFLICT OF INTEREST IN PLACE AT THE ORGANIZATION AND ARE REQUIRED TO DISCLOSE OF ANY POTENTIAL CONFLICTS DURING BOARD MEETINGS HELD THREE TIMES PER YEAR. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. FORM 990, PART VII AND SCHEDULE J AMERICAN BUS ASSOCIATION FOUNDATION DOES NOT COMPENSATE ANYONE SHOWN IN PART VII OF THE FORM 990 OR SCHEDULE J, PART II. THE COMPENSATION SHOWN IN THESE SECTIONS IS PAID BY THE AMERICAN BUS ASSOCIATION, THE FOUNDATION'S RELATED ORGANIZATION. THE FOUNDATION RELIES ON THE COMPENSATION DETERMINATION METHODOLOGY OF THE AMERICAN BUS ASSOCIATION. THE FOLLOWING IS THE COMPENSATION METHODOLOGY USED BY AMERICAN BUS ASSOCIATION: ON AVERAGE A COMPENSATION CONSULTANT IS HIRED EVERY TWO YEARS TO PERFORM A COMPENSATION SCHEDULE TO DETERMINE IF WHAT THE ASSOCIATION IS PAYING IS COMPETITIVE. THE EXECUTIVE COMMITTEE REVIEWS THE OUTCOME TO DETERMINE IF ADJUSTMENTS ARE REQUIRED. AMERICAN BUS ASSOCIATION 111 K STREET NE 9TH FLOOR WASHINGTON DC 20002 530114680 TO REPRESENT THE U.S. BUS INDUSTRY DC 501(C)(6) N/A 0 NATIONAL BUS TRAFFIC ASSOCIATION 111 K STREET NE 9TH FLOOR WASHINGTON DC 20002 361521425 PROVIDE INTERLINE REVENUE CLEARINGHOUSE FOR MEMBER COMPANIES WHO (CONTINUED) DC 501(C)(6) AMERICAN BUS ASSOCIATION 0 BUSES LLC 111 K STREET NE 9TH FLOOR WASHINGTON DC 20002 651316741 PUBLICATIONS DC C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 SCHEDULE R, PART II, ENTITY #2, COLUMN B (CONTINUED) PERFORM SCHEDULED SERVICE IN NORTH AMERICA IN ORDER TO FACILITATE THE TRANSPORATION OF THE PUBLIC.