2014-10-10T10:36:07-05:00 2013-12-31 420714325 MCGLADREY LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2013-01-01 522036929 AMERICAN BUS ASSOCIATION FOUNDATION AMER 2028421645 111 K STREET NE 9TH FLOOR WASHINGTON DC 200028110 PETER J PANTUSO PRESIDENT & CEO 2028421645 2014-10-10 1 YONG ZHANG CPA P01249785 7033366400 2013 2015-11-30 17:44:51Z PETER J PANTUSO 111 K STREET NE 9TH FLOOR WASHINGTON DC 200028110 869465 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. 15 14 0 14 0 0 983253 429677 0 0 62274 162252 143263 113498 1188790 705427 57500 57500 0 0 0 0 0 0 0 130134 205793 187634 263293 1001156 442134 4252231 4932187 37114 30050 4215117 4902137 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 92982 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. 57500 57500 SCHOLARSHIP AWARDS - ABAF AWARDED TWENTY THREE SCHOLARSHIPS OF $2,500 EACH IN 2013 IN RESEARCH GRANTS. 150482 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 X 15 14 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 1.00 X X 0 0 0 MR PETER PANTUSO PRESIDENT & SECRETARY 1.00 39.00 X X 0 369762 34198 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 MR BRENDA BORWEGE FUNDRAISING CMTE. CHAIRWOMAN 1.00 X 0 0 0 MR BRYAN COLE MEMBER 1.00 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 1.00 X 0 0 0 MS CARMEN MCCLOUD SCHOLARSHIP CMTE. CHAIRWOMAN 1.00 X 0 0 0 MS COLLEEN MILLER MEMBER 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 369762 34198 0 0 1 0 0 15000 414677 429677 48011 48011 250920 136679 114241 114241 114241 140857 15000 27359 113498 113498 705427 0 0 275750 57500 57500 9900 9900 11794 11794 15778 15778 41820 41820 7943 7943 6329 6329 10873 10873 RESEARCH 92982 92982 BAD DEBT EXPENSE 5000 5000 TEMPORARY HELP 3293 3293 MISCELLANEOUS 81 81 263293 150482 112811 0 615235 190691 56564 461180 1347585 1006615 15554 15431 2168938 3234541 48355 23729 4252231 4932187 2950 27390 30050 6774 0 37114 30050 X 1108703 1295041 3106414 3607096 4215117 4902137 4252231 4932187 442134 244886 0 X X 0 1 X 1 0 X 155716 639977 736448 983253 429677 2945071 155716 639977 736448 983253 429677 2945071 924048 2021023 28266 28947 34380 39512 48011 179116 237 237 3124424 829273 0.64680 0.64660 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME FROM EXEMPT ACTIVITIES - 2009 AMOUNT: $ 237. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 965878 244886 27359 272245 693633 11794 11794 705427 278858 27359 27359 251499 11794 11794 263293 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, 2013. THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED BY EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS. 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, 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON LINE 8B 27,359. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON LINE 8B 27,359. SILENT AUCTION 56057 56057 21920 LIVE AUCTION 48650 15000 33650 2299 2 51150 51150 3140 155857 15000 140857 27359 27359 113498 1 PART I, LINE 2: SCHOLARSHIP AWARD PAYMENTS ARE MADE PAYABLE DIRECTLY TO THE UNIVERSITY THAT THE STUDENT WILL ATTEND. 0 0 0 0 0 0 0 0 0 MR PETER PANTUSO PRESIDENT & SECRETARY 0 324612 0 45150 0 0 0 29045 0 5153 0 403960 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.