2015-08-14T13:20:05-05:00 2014-12-31 521446779 JOHNSON LAMBERT LLP 700 SPRING FOREST ROAD STE 115 RALEIGH NC 27609 990 2014-01-01 521139030 REGULATORY AFFAIRS PROFESSIONALS SOCIETY REGU 3017702920 5635 FISHERS LANE NO 550 ROCKVILLE MD 20852 SHERRY KERAMIDA EXECUTIVE DIRECTOR 3017702920 2015-08-14 1 JOHN HUSKINS P01081531 9197196400 2015-08-14 2014 2016-04-25 22:37:26Z SHERRY KERAMIDAS 5635 FISHERS LANE NO 550 ROCKVILLE MD 20852 12016292 0 X WWW.RAPS.ORG X 1977 DC RAPS SUPPORTS REGULATORY AFFAIRS PROFESSIONALS AND THE REGULATORY PROFESSION BY PROVIDING EDUCATION AND TRAINING, REGULATORY AFFAIRS CERTIFICATION (RAC), PROFESSIONAL STANDARDS, RESEARCH, KNOWLEDGE-SHARING, PUBLICATIONS, NETWORKING, CAREER DEVELOPMENT OPPORTUNITIES, AND OTHER VALUABLE RESOURCES. RAPS IS COMMITTED TO HELPING ITS MEMBERS CONTINUALLY DEVELOP THE KNOWLEDGE AND SKILLS THEY NEED TO EXCEL. 13 13 45 500 620463 206966 0 0 8387008 9008052 146136 198571 819216 776308 9352360 9982931 0 0 0 0 3954331 4047360 0 0 0 4597565 5332728 8551896 9380088 800464 602843 3157986 3765726 1968688 2074812 1189298 1690914 RAPS SERVES THE REGULATORY PROFESSION BY PROVIDING EDUCATIONAL PROGRAMS, PRODUCTS, AND SERVICES TO MEET THEIR NEEDS. RAPS PROMOTES THE REGULATORY PROFESSION BY BRINGING VISIBILITY TO THE IMPORTANCE OF THE PROFESSION IN THE DELIVERY OF SAFE HEALTHCARE PRODUCTS. 0 0 3442999 6492461 PROFESSIONAL ISSUES - MORE THAN 125 EDUCATIONAL PROGRAMS AND COURSES, PROVIDING INITIAL TRAINING AND ADVANCED LEARNING OPPORTUNITIES FOR PROFESSIONALS BOTH IN-PERSON AND ONLINE, INCLUDING THE SOCIETY'S ANNUAL CONFERENCE; THE PROFESSIONAL CERTIFICATION PROGRAM (REGULATORY AFFAIRS CERTIFICATION - RAC) OFFERING FOUR EXAMINATIONS-COVERING US, EUROPEAN UNION, CANADIAN AND INTERNATIONAL REGULATIONS. 2067712 1368960 COMMUNICATIONS - PRODUCTION OF PRINT AND ELECTRONIC COMMUNICATIONS, INCLUDING RAPS' ONLINE PUBLICATION, REGULATORY FOCUS; RAPS BOOKS AND PUBLICATIONS; ELECTRONIC COMMUNICATIONS AND THE DEVELOPMENT AND MAINTENANCE OF RAPS-BRANDED WEBSITES; MARKETING EFFORTS FOR EDUCATIONAL PROGRAMS AND SERVICES AND PROFESSIONAL ACTIVITIES; EXHIBITS AND COMMUNICATIONS AT RAPS' ANNUAL CONFERENCE AND OTHER RAPS EVENTS; PUBLIC RELATIONS INITIATIVES INCLUDING OUTREACH TO GENERAL AND TRADE MEDIA AND OTHER PROFESSIONAL AND CONSUMER GROUPS; AND COORDINATED SOCIAL MEDIA COMMUNICATIONS. 910305 1895128 MEMBERSHIP - EDUCATIONAL, SCIENTIFIC SOCIETY SUPPORTING REGULATORY AFFAIRS PROFESSIONALS IN THE MEDICAL DEVICES, PHARMACEUTICALS AND BIOLOGICS- RELATED ORGANIZATIONS, INCLUDING INDUSTRY, GOVERNMENT, CLINICAL RESEARCH, ACADEMIA. PROVIDE MEMBERSHIP SUPPORT, EDUCATIONAL AND INFORMATION SERVICES, DIGITAL PUBLICATION OF INFORMATION RELEVANT TO THE PROFESSION AND HEALTH SECTOR, VIRTUAL AND IN- PERSON PEER-TO-PEER NETWORKING, LOCAL/INTERNATIONAL CHAPTERS AND AFFILIATES AND A VARIETY OF OTHER PROGRAMS , PRODUCTS AND SERVICES. 6421016 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 50 0 1 45 1 1 1 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MD X SHERRY KERAMIDAS 3017702920 5635 FISHERS LANE NO 550 ROCKVILLE MD 20852 DONALD A MIDDLEBROOK CHAIRMAN 1.00 X X 0 0 0 RAINER VOELKSEN PRESIDENT 1.00 X X 0 0 0 MARTHA BRUMFIELD PRESIDENT-ELECT 1.00 X X 0 0 0 SALMA MICHOR SECRETARY/TREASURER 1.00 X X 0 0 0 DON BOYER DIRECTOR 1.00 X 0 0 0 GLENN BYRD DIRECTOR 1.00 X 0 0 0 TODD CHERMAK DIRECTOR 1.00 X 0 0 0 MARK KRAMER DIRECTOR 1.00 X 0 0 0 GAUTAM MAITRA DIRECTOR 1.00 X 0 0 0 SUSUMU NOZAWA DIRECTOR 1.00 X 0 0 0 BARRY SICKELS DIRECTOR 1.00 X 0 0 0 EDWARD TABOR DIRECTOR 1.00 X 0 0 0 ROBERT YOCHER DIRECTOR 1.00 X 0 0 0 SHERRY KERMIDAS EXECUTIVE DIRECTOR 40.00 X 372263 0 33535 SABRINA SMITH SVP, OPERATIONS 40.00 X 211789 0 13372 DIANA KAMINSKY VP, STRATEGY&MKT DEV 40.00 X 151533 0 17937 MATTHEW CLARK VP, BRAND MGMT 40.00 X 150279 0 12880 LAUREN PARR VP, ED&PROF DEV 40.00 X 146847 0 8121 CHRISTINE UZZELL VP, TECHNOLOTY 40.00 X 126460 0 15759 CHRISTOPHER HALL DIR, EDUCATION&PROF DEV 40.00 X 102502 0 7102 GENGHIS HAROON DIR, BUSINESS DEV 40.00 X 119275 0 7594 1380948 0 116300 8 0 1 0 FRANK STRATEGIC MARKETING 803 OELLA AVE ELLICOTT CITY MD 21043 MARKETING 247765 CASTLE WORLDWIDE INC 900 PERIMETER PARK D STE G MORRISVILLE NC 27560 RAC CERTIFICATION 209870 SYSCOM SERVICES 1010 WAYNE AVE 720 SILVER SPRING MD 20910 INFORMATION TECHNOLOGY 207767 KELLOG SCHOOL OF MGMT 2169 N CAMPUS DR EVANSTON IL 60208 EDUCATIONAL SERVICES 179520 FREEMAN AUDIO VISUAL SOLUTION 201 N UNION ST ALEXANDRIA VA 22314 EVENT SERVICES 171891 9 CONFERENCES, SPONSORSHIPS 900099 5201460 4698118 503342 MEMBER DUES 900099 1895128 1895128 CERTIFICATION 900099 700978 700978 ADVERTISING 541800 620463 620463 CONTRACT INCOME 900099 296242 296242 293781 293781 9008052 46846 46846 2855 2855 2098064 1894589 51750 203475 -51750 151725 151725 835519 87022 748497 748497 POSTAGE 900099 20156 20156 MISCELLANEOUS 900099 4800 4800 24956 9982931 8632744 620463 729724 X 963589 614217 349372 2554265 1628155 926110 90431 57643 32788 204334 124389 79945 234741 156882 77859 305337 221639 83698 60678 38678 22000 98585 62841 35744 17445 11118 6327 1399739 1016045 383694 580712 580188 524 443606 296667 146939 214645 38747 175898 565285 360327 204958 242372 134500 107872 1013984 952663 61321 75806 48320 27486 29530 17981 11549 TAXES & FEES 144146 513 143633 DUES & SUBSCRIPTIONS 24883 15191 9692 BAD DEBT 23917 9139 14778 92058 35173 56885 9380088 6421016 2959072 0 904435 852963 228588 197373 141079 155756 83309 205093 1427090 1215434 185080 211656 1494110 2105394 83894 0 37491 37491 3157986 3765726 226312 581662 1404395 1184791 337981 308359 1968688 2074812 X 1189298 1690914 1189298 1690914 3157986 3765726 602843 -101227 0 X 0 1 X 1 0 X 1719234 1768072 1791563 5278869 4023811 3771652 3794481 8668954 9223108 29482006 5743045 5539724 5586044 8668954 9223108 34760875 0 0 0 34760875 94744 69221 61880 46336 49701 321882 137689 206966 344655 94744 69221 61880 184025 256667 666537 68463 24956 93419 5837789 5608945 5647924 8921442 9504731 35520831 0.97860 0.98640 0.01880 0.01360 X 305732 299809 5923 1121358 915625 205733 211656 DEFERRED RENT 308359 308359 X 9881704 -101227 -101227 9982931 0 9982931 9380088 0 9380088 0 9380088 PART X, LINE 2: EXPLANATION: IN ACCORDANCE WITH GAAP, THE SOCIETY HAS CONCLUDED THERE ARE NO UNCERTAIN TAX POSITIONS THROUGH DECEMBER 31, 2014. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES FEES PAID FOR MANAGEMENT SERVICES 305337 0 0 0 0 0 0 305337 0 305337 0 0 0 0 0 0 X X X X 0 0 0 0 0 0 0 0 0 SHERRY KERMIDAS EXECUTIVE DIRECTOR 339900 0 30000 0 2363 0 12552 0 20983 0 405798 0 0 0 SABRINA SMITH SVP, OPERATIONS 211344 0 0 0 445 0 10567 0 2805 0 225161 0 0 0 DIANA KAMINSKY VP, STRATEGY&MKT DEV 150159 0 0 0 1374 0 7508 0 10429 0 169470 0 0 0 MATTHEW CLARK VP, BRAND MGMT 150159 0 0 0 120 0 5035 0 7845 0 163159 0 0 0 LAUREN PARR VP, ED&PROF DEV 146673 0 0 0 174 0 0 0 8121 0 154968 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CATEGORIES OF MEMBERS: -ACTIVE MEMBERS: INDIVIDUALS ENGAGED IN THE REGULATORY PROCESS OR IN RELATED SCIENTIFIC, CLINICAL OR ENGINEERING AREAS INVOLVED IN THE HEALTH PRODUCT LIFE CYCLE. -LIFE MEMBERS: LIFE MEMBERSHIP MAY BE OFFERED TO INDIVIDUALS WHO HAVE OFFERED DISTINGUISHED, LONG-TERM SERVICE TO RAPS AND HAVE BEEN CONTINUOUS MEMBERS OF RAPS FOR AT LEAST TWENTY (20) YEARS. LIFE MEMBERSHIP IS CONFERRED BY UNANIMOUS VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A EVERY ACTIVE AND LIFE MEMBER OF THE SOCIETY SHALL BE ENTITLED TO CAST ONE (1) VOTE ON ANY MATTER VOTED ON BY THE MEMBERSHIP AND/OR IN ANY ELECTION OF AN OFFICER OR DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST APPLIES TO BOARD MEMBERS, EMPLOYEES, AND VOLUNTEERS. EACH BOARD MEMBER IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST AND TO DISCLOSE ANY POTENTIAL CONFLICT. INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT. THE BOARD OF DIRECTORS WILL DETERMINE THE EXTENT OF THE CONFLICT AND PROCEED ACCORDING THE RAPS POLICY GUIDANCE. THIS IS REVIEWED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 LEGAL COUNSEL WAS INVOLVED IN DATA COLLECTION AND MET WITH EXECUTIVE COMMITTEE FOR FINAL COMPENSATION PACKAGE FOR EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR DISCUSSED WITH THE EXECUTIVE COMMITTEE AND DOCUMENTED PAY FOR VICE PRESIDENTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G FACULTY: PROGRAM SERVICE EXPENSES 210,476. MANAGEMENT AND GENERAL EXPENSES 79,483. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 289,959. OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 805,569. MANAGEMENT AND GENERAL EXPENSES 304,211. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,109,780.