2015-08-11T09:18:39-05:00 2014-12-31 208131297 SANFORD BAUMEISTER & FRAZIER LLP 512 MAIN STREET SUITE 1500 FORT WORTH TX 76102 990 2014-01-01 237186150 SOCIETY OF DIAGNOSTIC MEDICAL SONOGRAPHY SOCI 2144738057 2745 NORTH DALLAS PARKWAY NO 350 PLANO TX 750938730 DONALD KERNS CEO/EXECUTIVE DIRECTOR 2144738057 2015-08-06 1 MICHAELA J CROMAR CPA P00895728 8178775000 2015-08-06 2014 2016-04-25 22:37:26Z DONALD KERNS 2745 NORTH DALLAS PARKWAY NO 350 PLANO TX 750938730 9414214 0 X WWW.SDMS.ORG X 1970 WA TO ENHANCE THE ART AND SCIENCE OF MEDICINE BY ADVANCING MEDICAL SONOGRAPHY TO ENSURE QUALITY PATIENT CARE. 13 13 19 150 29470 -2774 0 0 4785188 4727553 11372 31437 203955 270097 5000515 5029087 62500 64275 0 0 1942871 1983496 0 0 0 2723138 2219519 4728509 4267290 272006 761797 3837743 4563523 2123018 2080503 1714725 2483020 TO ENHANCE THE ART AND SCIENCE OF MEDICINE BY ADVANCING MEDICAL SONOGRAPHY TO ENSURE QUALITY PATIENT CARE. 0 0 THE SOCIETY ACHIEVES ITS PURPOSE BY SEEKING THE COOPERATION OF SIMILAR ORGANIZATIONS, INITIATING AND OVERSEEING EDUCATIONAL PROGRAMS, STIMULATING AND ENCOURAGING RESEARCH AND ENCOURAGING PRESENTATION AND PUBLICATION OF SCIENTIFIC PAPERS, COLLECTING AND DISSEMINATING INFORMATION PERTINENT TO THE MEMBERSHIP, PUBLISHING A SCIENTIFIC JOURNAL AND A NEWSLETTER, AND REVIEWING AND ESTABLISHING POLICIES REGARDING THE PROFESSIONAL STATUS, LEGISLATIVE ACTIVITY, AND WELFARE OF ITS MEMBERS. 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 24 0 1 19 1 1 1 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X DONALD KERNS 2144738057 2745 N DALLAS PARKWAY SUITE 350 PLANO TX 750938730 CATHERINE RIENZO TREASURER 5.00 5.00 X X 0 0 0 CHERYL VANCE DIRECTOR 5.00 5.00 X 0 0 0 DIANE YOUNGS DIRECTOR 5.00 5.00 X 0 0 0 JILL TROTTER SECRETARY 5.00 5.00 X X 0 0 0 JOY GUTHRIE IMMED PAST PRES 5.00 5.00 X X 0 0 0 KATHRYN KUNTZ PRESIDENT 5.00 5.00 X X 0 0 0 KIMBERLY MICHAEL DIRECTOR 5.00 5.00 X 0 0 0 MICHELLE WILSON DIRECTOR 5.00 5.00 X 0 0 0 NANCY CHOUINARD VICE PRESIDENT 5.00 5.00 X X 0 0 0 PATTY BRAGA DIRECTOR 5.00 5.00 X 0 0 0 SANDRA SEHER DIRECTOR 5.00 5.00 X 0 0 0 SHERYL GOSS PRESIDENT ELECT 5.00 5.00 X X 0 0 0 TED WHITTEN DIRECTOR 5.00 5.00 X 0 0 0 DONALD KERNS EXECUTIVE DIRECTOR 65.00 15.00 X 255263 0 26975 MARY RODRIGUEZ DEPUTY EXECUTIVE DIRECTOR 65.00 10.00 X 159261 0 16183 CHRISTY DAVIS DIRECTOR OF FINANCE & ACCOUNTING 50.00 10.00 X 110364 0 13265 KELLY GLASSEL STAFFORD DIRECTOR COMMUNICATIONS 50.00 X 105265 0 667 SCOTT FARMER IT MANAGER 50.00 X 107681 0 11643 737834 0 68733 5 0 1 0 K & L GATES LLP 301 COMMERCE SUITE 3000 FORT WORTH TX 76102 LEGAL, LOBBYING 352456 STREAM 14131 MIDWAY RD STE 115 ADDISON TX 75001 OFFICE RENT 297402 2 MEMBERSHIP DUES 900099 3834078 3834078 NATIONAL MEETINGS 561920 540576 540576 CME, PUBLICATION AND FEES 511120 277236 277236 OTHER 511140 47263 47263 NATIONAL MEETINGS - ADVERTISING 541800 28400 28400 4727553 11743 11743 241798 241798 4394694 4375000 19694 19694 19694 38426 10127 28299 27229 1070 5029087 4726382 29470 273235 64275 581311 1104938 22875 151154 123218 45908 14234 312000 31623 81740 272103 159476 417000 41317 13680 PRINTING AND PUBLICATIO 367032 GENERAL OFFICE SERVICES 141925 SHIPPING 129630 CONTRACT LABOR 62899 128952 4267290 324133 447723 2795009 3125013 200247 213390 69959 74576 35340 42019 328159 83962 58830 244197 354225 416605 3837743 4563523 208455 161284 1910935 1916823 3628 2396 2123018 2080503 X 1714725 2483020 1714725 2483020 3837743 4563523 761797 6498 0 X 0 1 X 1 0 0 0 0 3834078 348458 28607 377065 479260 -102195 1731583 570522 328138 1973967 1403446 328137 1731583 1127632 275814 1403446 1104350 23282 1127632 1087326 17024 1104350 1.00000 0 0 147842 80522 67320 180317 3440 176877 244197 DUE TO SDMS FOUNDATION 2396 2396 X 5045712 6498 10127 16625 5029087 0 5029087 4277417 10127 10127 4267290 0 4267290 PART V, LINE 4: LONG-TERM RESERVE TO COVER FUTURE OPERATIONS. PART X, LINE 2: THE SOCIETY IS ORGANIZED AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THIS SECTION EXEMPTS THEM FROM TAXES ON INCOME. HOWEVER, THE SOCIETY DOES NOT QUALIFY FOR THE CHARITABLE DEDUCTION UNDER SECTION 170. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN INCLUDED IN THE COMBINED FINANCIAL STATEMENTS. TAXES ARE PAID ON NET INCOME EARNED FROM SOURCES UNRELATED TO THE EXEMPT PURPOSES. THERE WAS NO NET INCOME FROM UNRELATED BUSINESS FOR THE YEAR ENDED DECEMBER 31, 2014. THE TAX RETURNS FOR THE SOCIETY AND FOUNDATION ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. TAX RETURNS ARE OPEN FOR AUDIT BY THESE AUTHORITIES FOR THREE YEARS FROM THE DUE DATE OF THE RETURN OR THE DATE ACTUALLY FILED. AS OF DECEMBER 31, 2014, THE TAX RETURN YEARS OPEN FOR AUDIT INCLUDE TAX YEARS ENDED DECEMBER 31, 2011 THROUGH DECEMBER 31, 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD ON 990, LINE 10B 10,127. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 10,127. 1 SDMS FOUNDATION 2745 N DALLAS PARKWAY 350 PLANO TX 75093 270335425 501(C)(3) 55000 CONTRIBUTION PART I, LINE 2: THE RECIPIENT OF GRANTS OVER $5,000 IS RELATED TO AND CONTROLLED BY THE SOCIETY. THE BOARD OF THE SOCIETY OF DIAGNOSTIC MEDICAL SONOGRAPHY ENSURES THAT THE GRANTS ARE USED APPROPRIATELY. X 1 1 X X X X 0 0 0 DONALD KERNS EXECUTIVE DIRECTOR 227231 0 27000 0 1032 0 16114 0 10861 0 282238 0 0 0 MARY RODRIGUEZ DEPUTY EXECUTIVE DIRECTOR 145045 0 14000 0 216 0 9604 0 6579 0 175444 0 0 0 PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL (PER THE SOCIETY'S FINANCIAL POLICIES): STAFF AND VOLUNTEERS OVER SIX FEET TALL MAY RECEIVE APPROVAL FROM THE CEO TO BOOK A BUSINESS CLASS (FIRST CLASS IF BUSINESS CLASS IS UNAVAILABLE) FOR TRIPS OVER TWO HOURS LONG. AS AN ACCOMODATION FOR THE CEO'S HEIGHT (PER THE CEO CONTRACT), THE CEO MAY BOOK BUSINESS OR FIRST CLASS FLIGHTS (WHICHEVER IS CHEAPER). FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE SOCIETY IS A PROFESSIONAL MEMBERSHIP ORGANIZATION CONSISTING OF 28,704 MEMBERS AT THE END OF THE TAX YEAR 2014. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - ALL BOARD OF DIRECTORS MEMBERS ARE ELECTED. A CALL FOR NOMINATIONS IS SENT TO THE MEMBERSHIP-AT-LARGE, THE NOMINATION COMMITTEE SLATES THE BALLOT FROM THE NOMINATIONS RECEIVED, AND THEN THE MEMBERSHIP-AT-LARGE VOTES FOR EACH POSITION UP FOR ELECTION. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - THE MEMBERS MUST REVIEW AND COMMENT ON PROPOSED CHANGES TO THE BYLAWS. SDMS BYLAWS: 'BEFORE ANY BYLAW MAY BE AMENDED, THE FOLLOWING PROCEDURE SHALL BE ADHERED TO: THE MEMBERSHIP SHALL BE NOTIFIED AND PROVIDED WITH AN OPPORTUNITY FOR RESPONSE AT LEAST 45 DAYS BEFORE THE PROPOSED AMENDMENT(S) IS(ARE) TO BE VOTED UPON, AND BOARD MEMBERS SHALL BE NOTIFIED OF PROPOSED AMENDMENT(S) AND MEMBERSHIP RESPONSES AT LEAST 30 DAYS BEFORE THE PROPOSED AMENDMENT(S) IS (ARE) TO BE VOTED UPON.' FORM 990, PART VI, SECTION B, LINE 11 LINE 11A EXPLANATION - THE FINAL VERSION OF THE TAX FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW THROUGH AN INTERNAL COMPANY PORTAL. STAFF SEND AN EMAIL TO THE BOARD LETTING THEM KNOW THE COMPLETED FORM IS AVAILABLE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ACCORDING TO OUR VOLUNTEER MANUAL, BOARD MEMBERS ARE REQUIRED TO COMPLETE A FORM DISCLOSING PERTINENT FINANCIAL AND CAREER RELATED INFORMATION ANNUALLY. THEY ARE REQUIRED TO UPDATE THE INFORMATION AS NECESSARY TO KEEP IT CURRENT AND ACTIVE. IN ADDITION, TWICE A YEAR THE VOLUNTEERS ARE REMINDED TO REVIEW AND UPDATE (IF NECESSARY) THEIR CONFLICT OF INTEREST FORMS AT THE FACE-TO-FACE MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE SDMS BOARD OF DIRECTORS HAS AUTHORIZED THE SENIOR OFFICERS OF THE BOARD OF DIRECTORS (SDMS PRESIDENT, PRESIDENT-ELECT, AND IMMEDIATE PAST PRESIDENT) TO NEGOTIATE A WRITTEN EMPLOYMENT CONTRACT AND ESTABLISH COMPENSATION/BENEFITS FOR THE CEO. THE PROCESS FOR ESTABLISHING EXECUTIVE COMPENSATION INCLUDES THE FOLLOWING: ANALYSIS AND REVIEW BY THE SDMS SENIOR OFFICERS OF: SALARY STUDIES/INFORMATION FOR NON-PROFITS, HEALTH CARE ASSOCIATIONS, AND THE AREA MARKET TRENDS. THE SENIOR OFFICERS ALSO REVIEW THE RESPONSIBILITIES OF THE POSITION AND PAST PERFORMANCE OF THE SDMS CEO (IF APPLICABLE). NOTE: ANNUAL PERFORMANCE APPRAISALS OF THE CEO ARE COMPLETED BY THE BOARD OF DIRECTORS DURING THE FALL BOARD OF DIRECTORS MEETING. THE EVALUATIONS ARE USED BY THE SENIOR OFFICERS DURING THEIR ANALYSIS. THE SDMS CEO'S COMPENSATION IS ESTABLISHED BY A WRITTEN CONTRACT. THE SDMS CEO'S CONTRACT IS NEGOTIATED AND SIGNED BY THE SDMS PRESIDENT AFTER REVIEW BY OUTSIDE SDMS LEGAL COUNSEL. THE CEO IS RESPONSIBLE FOR ESTABLISHING SALARY FOR ALL OTHER STAFF. THE SAME TYPE OF INFORMATION AS ABOVE IS USED TO DETERMINE STAFF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE REQUEST MUST BE IN WRITING AND THE DOCUMENTS VIEWED AT THE SOCIETY'S OFFICE. SDMS FOUNDATION 2745 N DALLAS PARKWAY 350 PLANO TX 750938730 270335425 TO PROVIDE SUPPORT FOR SONOGRAPHER EDUCATION AND CERTIFICATION WA 501(C)(3) LINE 7 SOCIETY OF DIAGNOSTIC MEDICAL SONOGRAPHY 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 0 SDMS FOUNDATION B 55000 CASH SDMS FOUNDATION R 24143 CASH SDMS FOUNDATION Q 3899 CASH