2014-06-16T08:56:20-05:00 2013-12-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2013-01-01 942478143 THE ESOP ASSOCIATION ESOP 2022932971 1726 M STREET NW NO 501 WASHINGTON DC 20036 J MICHAEL KEELING PRESIDENT 2022932971 2014-06-16 1 ELIZABETH W HELLER P00397829 2022932200 2013 2015-11-30 17:44:51Z J MICHAEL KEELING 1726 M STREET NW NO 501 WASHINGTON DC 20036 4723029 0 X WWW.ESOPASSOCIATION.ORG X 1978 CA TO REPRESENT THE INTERESTS OF ALL CORPORATIONS THAT SPONSOR EMPLOYEE STOCK OWNERSHIP PLANS. 10 10 10 10 55039 6721 0 0 4132663 4445136 45965 36111 163828 183844 4342456 4665091 57419 44524 0 0 1289994 1374977 0 0 0 2915511 3526186 4262924 4945687 79532 -280596 2353939 2313108 1246030 1269251 1107909 1043857 X THE ESOP ASSOCIATION REPRESENTS THE INTERESTS OF ALL CORPORATIONS THAT SPONSOR EMPLOYEE STOCK OWNERSHIP PLANS, OR ESOPS. THE ESOP ASSOCIATION PROVIDES ADVOCACY AND EDUCATIONAL SERVICES ON BEHALF OF ITS MEMBERS. CORPORATE MEMBERSHIP IN THE ESOP ASSOCIATION IS OPEN TO ALL ESOP COMPANIES; MEMBERS RANGE FROM CLOSELY HELD BUSINESSES TO PUBLIC COMPANIES, AND INCLUDE BOTH C AND S CORPORATIONS, ACROSS ALL INDUSTRIES. 0 0 CONFERENCES, SEMINARS, AND ROUNDTABLES: APPROXIMATELY 9,000 PERSONS, MOSTLY EMPLOYEES OF ASSOCIATION MEMBERS, ATTENDED THREE NATIONAL CONFERENCES, OVER 100 LOCAL, STATE, AND REGIONAL ROUNDTABLES, SEMINARS, AND CONFERENCES IN 2013. THESE GATHERINGS FOCUSED PRIMARILY ON MANAGEMENT AND LEADERSHIP LEARNING TO IMPROVE CORPORATE MEMBERS' OWNERSHIP CULTURE THAT RESEARCH AND DATA INDICATES LEADS TO MORE PRODUCTIVE AND PROFITABLE EMPLOYEE OWNED COMPANIES. SECONDARILY, THE GATHERINGS FOCUSED ON THE MANY LAWS AND REGULATIONS, JUDICIAL RULINGS THAT MUST BE COMPLIED WITH BY CORPORATIONS SPONSORING AN EMPLOYEE STOCK OWNERSHIP PLAN. MEMBERSHIP: APPROXIMATELY 2,500 MEMBERS ARE PROVIDED INFORMATION ABOUT DEVELOPMENTS WITH REGARD TO FEDERAL GOVERNMENT LEGISLATIVE, REGULATORY, AND JUDICIAL ACTIVITIES DIRECTLY IMPACTING THE OPERATION AND CREATION OF ESOPS BY U.S. CORPORATIONS, VIA WRITTEN MATERIALS, SOCIAL MEDIA, AND WEBSITE POSTINGS. THE ASSOCIATION STAFF PROVIDES PRESENTATIONS TO THE MANY CONFERENCES AND MEETINGS NOTED IN 4A ABOVE. THE ASSOCIATION SELLS WRITTEN MATERIALS, AND ELECTRONIC MATERIALS ON THE OPERATION OF ESOPS IN A MANNER THAT IMPROVES CORPORATE PERFORMANCE, AND COMPLIES WITH LAW AND REGULATIONS. A MEMBERSHIP DIRECTORY IS PROVIDED THAT INCLUDES PROFESSIONALS WHO PROVIDE UNIQUE SERVICES TO CORPORATIONS SPONSORING ESOPS, A LISTING OF CORPORATE MEMBERS, BY STATE, AND BY LINE OF BUSINESS. GOVERNMENT RELATIONS: IN ACCORD WITH ITS (C)(6) STATUS, THE ASSOCIATION PROVIDES REPRESENTATION SERVICES TO ITS MEMBERS, OR LOBBYING SERVICES, BY INTERACTING WITH ITS MEMBERS TO EXPRESS THEIR POSITIONS ON LEGISLATION AND REGULATIONS THAT IMPACT, OR MAY IMPACT ESOP OPERATIONS AND CREATION, AND BY INTERACTING WITH OFFICES OF CONGRESS, CERTAIN REGULATORY AGENCIES, PRIMARILY THE IRS AND DEPARTMENT OF LABOR, AND ON OCCASION BY FILING AMICUS BRIEFS IN SIGNIFICANT LAWSUITS THAT MAY IMPACT ESOP OPERATION AND CREATION. PROVIDING TECHNICAL ASSISTANCE TO MEMBERS AND THE PUBLIC: PUBLICATIONS, SEMINARS, AND EDUCATION ON ESOP COMPANY MANAGEMENT. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 10 0 1 10 1 1 1 0 0 0 1 1 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 0 0 CA X THE ASSOCIATION 2022932971 1726 M STREET NW NO 501 WASHINGTON DC 20036 DAVID L KELLY CHAIR 1.00 0.00 X X 0 0 0 CINDY TURCOT VICE CHAIR 1.00 1.00 X X 0 0 0 DAVID FITZ-GERALD SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 MARK R LOMELE IMMEDIATE PAST CHAIR 1.00 1.00 X X 0 0 0 KATHRYN DALY ASA CHAIR ADVISORY COMMITTEE 1.00 1.00 X 0 0 0 FRIEDA S TAKAKI CHAIR EOF 1.00 1.00 X 0 0 0 TONY LESSMEISTER STATE & REGIONAL CHAIR 1.00 0.00 X 0 0 0 JL NICOLS III AT LARGE BOARD MEMBER 1.00 0.00 X 0 0 0 ANDREW J KULESZA AT LARGE BOARD MEMBER 1.00 0.00 X 0 0 0 SUSAN D LENCZEWSKI AT LARGE BOARD MEMBER 1.00 0.00 X 0 0 0 J MICHAEL KEELING PRESIDENT 35.00 5.00 X 258125 36875 24512 JAMES M TURNER CFO 35.00 5.00 X 106075 15153 14726 GWENN ROSENTHAL VP OF ADMINISTRATION 30.00 10.00 X 98862 32954 14727 463062 84982 53965 2 0 1 0 LONG LAW FIRM LLP 4041 ESSEN LANE SUITE 500 BATON ROUGE LA 70809 LEGAL SERVICES 128282 K&L GATES 1601 K STREET NW WASHINGTON DC 20006 LEGAL SERVICES 121218 2 SEMINARS/CONFERENCES 900099 2464386 2382086 82300 MEMBERSHIP DUES 900099 1831417 1831417 PUBLICATIONS 900099 149333 94294 55039 4445136 36111 36111 116675 116675 79905 57938 21967 21967 MISCELLANEOUS REVENUE 900099 45202 45202 45202 4665091 4307797 55039 302255 44524 466937 720478 24266 89198 74098 700 23768 342332 196271 417569 142829 132021 241406 1787158 17843 24908 UBI 1008 CHAPTER DEVELOPMENT 91266 GOVERNANCE 37358 PUBLICATIONS 27582 42167 4945687 320 146616 320608 313134 219163 238691 76196 63262 168472 208422 183029 112075 60818 70954 1467720 1221175 40642 50854 2353939 2313108 189601 157776 1056429 1064964 0 46511 1246030 1269251 X 1107909 1043857 1107909 1043857 2353939 2313108 -280596 216544 0 X X 0 1 X 1 0 0 0 1 1831417 388154 -200127 188027 366283 -178256 183029 112075 70954 70954 457 PLAN LIABILITY 46511 46511 X 4939573 216544 57938 274482 4665091 0 4665091 5003625 57938 57938 4945687 0 4945687 PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND THEREFORE, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO THE EXAMINATION BY TAXING AUTHORITIES GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 57,938. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 57,938. MINNESOTA GOLF TOURNAMENT 25610 25610 1764 10316 5519 ILLINOIS GOLF TOURNAMENT 20750 20750 6567 5306 1760 6 33545 33545 26706 79905 79905 1764 16883 10825 28466 57938 21967 0 EMPLOYEE OWNERSHIP FOUNDATION 1726 M STREET NW WASHINGTON DC 20036 521739193 501(C)(3) 44524 OPERATIONAL SUPPORT 1 0 X X X 0 0 0 J MICHAEL KEELING PRESIDENT 249375 35625 8750 1250 0 0 4174 596 26856 3837 289155 41308 0 0 FORM 990, PART VI, SECTION A, LINE 1 IN EMERGENCY SITUATIONS THAT ARISE BETWEEN THE REGULAR QUARTERLY MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER OF THE BOARD OF DIRECTORS. IF THE EXECUTIVE COMMITTEE DOES ACT AS THE BOARD OF DIRECTORS IN AN EMERGENCY SESSION, THE BOARD OF DIRECTORS MUST REVIEW ANY SUCH ACTION AS THE SECOND ITEM OF THE AGENDA AT THE NEXT REGULARLY SCHEDULED MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE FOUR CLASSES OF MEMBERS: CORPORATE MEMBERS, PROFESSIONAL MEMBERS, EDUCATIONAL MEMBERS, AND AFFILIATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH CORPORATE MEMBER SHALL HAVE ONE VOTE. EACH INDIVIDUAL PROFESSIONAL MEMBER SHALL HAVE ONE VOTE. EACH FIRM PROFESSIONAL MEMBER SHALL HAVE ONE VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE PRESIDENT AND CHIEF EXECUTIVE OFFICER PRIOR TO FILING AND A COPY IS PROVIDED TO EACH MEMBER OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C CONSISTENTLY AT BOARD MEETINGS THE POLICY IS REFERENCED SHOULD THERE BE ANY DISCUSSION OF A MATTER THAT MAY APPEAR TO BE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT: ANNUALLY, COMPENSATION COMMITTEE OF THE BOARD REVIEWS CEO, TITLED PRESIDENT, COMPENSATION AND SPECIFICALLY AGREES TO AMOUNT IN CONTRACT SIGNED BY CHIEF ELECTED OFFICER AND THE ASSOCIATION'S BOARD CHAIR. OTHER OFFICERS OR KEY EMPLOYEES: ONLY THE PRESIDENT IS AN OFFICER BY CONTRACT, OTHER NINE EMPLOYEES COMPENSATION SET BY PRESIDENT IN ACCORDANCE WITH BOARD APPROVED BUDGET AND ANNUAL OPERATIONS PLAN. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS PUBLISHED IN PRINT AND ON WEBSITE. ALL OTHER AVAILABLE UPON REQUEST BY ANY INDIVIDUAL. FORM 990, PART XII, LINE 2C THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE EMPLOYEE OWNERSHIP FOUNDATION 1726 M STREET NW WASHINGTON DC 20036 521739193 SUPPORT PROGRAMS TO INCREASE AWARENESS OF THE BENEFITS OF ESOPS DC 501(C)(3) 509(A)(3) THE ESOP ASSOCIATION 0 ESOP PAC 1726 M STREET NW WASHINGTON DC 20036 HELP THE CONGRESSIONAL SUPPORTERS OF ESOPS DC 527 N/A THE ESOP ASSOCIATION 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0