2013-01-31T15:22:07-06:00 2012-06-30 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2011-07-01 541999773 AMERICAN ASSOCIATION OF SCHOOL ADMINISTRATORS AMER 7035280700 1615 DUKE STREET ALEXANDRIA VA 22314 DANIEL DOMENECH 7035280700 2013-01-29 1 WILLIAM E TURCO CPA P00369217 3012963600 2011 2016-02-25 16:41:14Z DANIEL DOMENECH 1615 DUKE STREET ALEXANDRIA VA 22314 15703969 0 X WWW.AASA.ORG X 2001 VA THE ASSOCIATION PROMOTES EDUCATIONAL PROGRAMS AND SUPPORT FOR ITS MEMBERSHIP BY OFFERING A WIDE RANGE OF EDUCATIONAL ACTIVITIES, AUDIOVISUAL MATERIALS, AND PUBLICATIONS ON A WIDE RANGE OF EDUCATIONAL SUBJECTS. 151 150 42 150 874658 92811 1232993 3413902 6767313 6397664 229887 168034 597472 853285 8827665 10832885 0 0 0 0 3441332 3820967 0 0 129419 4434295 6431426 7875627 10252393 952038 580492 12196019 12998417 7943409 8071933 4252610 4926484 X THE MISSION OF THE AMERICAN ASSOCIATION OF SCHOOL ADMINISTRATORS IS TO SUPPORT AND DEVELOP EFFECTIVE SCHOOL SYSTEM LEADERS WHO ARE DEDICATED TO THE HIGHEST QUALITY PUBLIC EDUCATION FOR ALL CHILDREN. 0 0 2980022 CHILDREN'S PROGRAMS:THE ASSOCIATION IS AN ORGANIZATION OF PROFESSIONALS, WHO PROVIDE LEADERSHIP TO SCHOOL SYSTEMS AND AID SCHOOL LEADERS IN ENSURING THAT ALL CHILDREN RECEIVE A QUALITY EDUCATION. THE ASSOCIATION RECOGNIZES THERE ARE MANY BARRIERS TO LEARNING AND WORKS WITH ITS MEMBERSHIP TO OVERCOME THEM THROUGH THE CHILDREN'S INITIATIVES AND PROGRAM DEVELOPMENT DEPARTMENT. THE ASSOCIATION DEPENDS ON EXTERNALLY FUNDED GRANTS AND CONTRACTS TO UNDERWRITE A PORTION OF THIS INITIATIVE. FEDERAL AND CORPORATE GRANTS CURRENTLY FUND:- INDOOR AIR QUALITY AWARENESS PROGRAM- READY BY 21- LEAD DISTRICT COLLABORATIVE FOR LEARNING SUPPORT- SCHOOL BREAKFAST PROGRAM- COLLEGE GOING CULTURE- COORDINATED SCHOOL HEALTH- CHILDREN'S HEALTH INSURANCE PROGRAM OUTREACH AND ENROLLMENT 953623 1612142 NATIONAL CONFERENCE ON EDUCATION:THE ASSOCIATION HOSTS THE NATIONAL CONFERENCE ON EDUCATION ANNUALLY. THIS CONFERENCE FEATURES NATIONALLY RECOGNIXED SPEAKERS, HOW-TO SESSIONS FOR SCHOOL ADMINISTRATORS, A NATIONAL EXHIBIT OF EDUCATIONAL PRODUCTS, SMALL-GROUP MEETINGS AND PRE-SESSIONS. 764550 COMMUNICATIONS:THE ASSOCIATION PROVIDES IT MEMBERS WITH PRINT AS WELL AS ON-LINE RESOURCES. MEMBERS OF THE ORGANIZATION RECEIVES THE FOLLOWING PUBLICATIONS: THE SCHOOL ADMINISTRATOR MAGAZINE, THE LEADER'S EDGE, A SUPERINTENDENT'S E-JOURNAL AND SEVERAL OCCASIONAL MEMBERSHIP SERVICE PUBLICATIONS. 677403 3149727 MEMBER/AFFILIATE SERVICES 581982 669485 LEADERSHIP DEVELOPMENT 550320 48000 GOVERNANCE 541444 PUBLIC POLICY 103618 197211 EDUCATIONAL MEETINGS 62079 14870 OTHER 2516846 4079293 7215041 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 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 0 1 29 0 1 42 1 1 1 0 0 0 0 1 1 0 0 0 0 X 151 150 0 0 0 0 1 1 0 1 1 0 0 1 1 1 0 0 1 1 1 0 VA X EVELYN GILLIAM 7038750779 1615 DUKE STREET ALEXANDRIA VA 22314 PATRICIA E NEUDECKER 2.00 X X 0 0 0 BENNY L GOODEN 2.00 X X 0 0 0 EDGAR B HATRICK III 2.00 X 0 0 0 JEROME E COLONNA 2.00 X 0 0 0 CHRIS B ERWIN 2.00 X 0 0 0 ALTON L FRAILEY 2.00 X 0 0 0 JOSEPH J GERTSEMA 2.00 X 0 0 0 CLARK J GODSHALL 2.00 X 0 0 0 BARTON L GOERING 2.00 X 0 0 0 RODNEY P GREEN 2.00 X 0 0 0 BEVERLY L HALL 2.00 X 0 0 0 KATHLEEN R KELLEY 2.00 X 0 0 0 RICHARD D LAVERGNE 2.00 X 0 0 0 ROBERT T MILLS 2.00 X 0 0 0 J THOMAS MORTON 2.00 X 0 0 0 DAVID K PENNINGTON 2.00 X 0 0 0 DARLINE P ROBLES 2.00 X 0 0 0 DAVID R SCHULER 2.00 X 0 0 0 FRANK H SIPPY 2.00 X 0 0 0 ROBERT M SLABY 2.00 X 0 0 0 DARRELL C RUD 2.00 X 0 0 0 KEVIN W AHEARN 2.00 X 0 0 0 LYLE C AILSHIE 2.00 X 0 0 0 BART ANDERSON 2.00 X 0 0 0 BETTY T BAGLEY 2.00 X 0 0 0 GREG A BARNES 2.00 X 0 0 0 JOSEPH C BARROW JR 2.00 X 0 0 0 KEN BATES 2.00 X 0 0 0 RICHARD H BAUSCHER 2.00 X 0 0 0 MARK D BENIGNI 2.00 X 0 0 0 CHRISTINE M BENSON 2.00 X 0 0 0 TOM BENSON 2.00 X 0 0 0 MARK BEZEK 2.00 X 0 0 0 JOHN E BOURQUE 2.00 X 0 0 0 DANIEL L BROOKS 2.00 X 0 0 0 NICHOLAS CEGLAREK 2.00 X 0 0 0 ROBERT W CHRISTMANN 2.00 X 0 0 0 WENDELL W CHU 2.00 X 0 0 0 V SUE CLEVELAND 2.00 X 0 0 0 JEANNE COLLINS 2.00 X 0 0 0 JOHN T COOPMAN 2.00 X 0 0 0 KAREN M COUCH 2.00 X 0 0 0 ELEANOR S CRUZ 2.00 X 0 0 0 JIMMY CUNNINGHAM 2.00 X 0 0 0 DANIEL D CURRY 2.00 X 0 0 0 DAVID DAIGNEAULT 2.00 X 0 0 0 TERRY E DAVIDSON 2.00 X 0 0 0 CHARLES S DEDRICK 2.00 X 0 0 0 FRANK D DEVONO 2.00 X 0 0 0 TIMOTHY J DEWAARD 2.00 X 0 0 0 BRENDA DIETRICH 2.00 X 0 0 0 T DALE EDWARDS 2.00 X 0 0 0 D SCOTT ELLIFF 2.00 X 0 0 0 JOSEPH V ERARDI JR 2.00 X 0 0 0 ERIC C ESHBACH 2.00 X 0 0 0 CURT E FINCH JR 2.00 X 0 0 0 CATHERINE M FINGER 2.00 X 0 0 0 JERRY FREW 2.00 X 0 0 0 MARGARET FRIESWYK 2.00 X 0 0 0 RONDA L FRUEAUFF 2.00 X 0 0 0 RICHARD W FRY 2.00 X 0 0 0 MICHAEL FULTON 2.00 X 0 0 0 CHRIS GAINES 2.00 X 0 0 0 PATRICIA GILLESPIE 2.00 X 0 0 0 HENRY L GRISHMAN 2.00 X 0 0 0 STEVE HALL 2.00 X 0 0 0 SHEILA HARRISON-WILLIAMS 2.00 X 0 0 0 KIMBERLEY A HART 2.00 X 0 0 0 DOUG HAYTER 2.00 X 0 0 0 LUTHER L HELLER 2.00 X 0 0 0 VERNON M HENSHAW 2.00 X 0 0 0 FRANK F HEWINS 2.00 X 0 0 0 SHON HOCKER 2.00 X 0 0 0 NYKKI HOLTON 2.00 X 0 0 0 ROARK R HORN 2.00 X 0 0 0 SANDRA L HUSK 2.00 X 0 0 0 PAUL IMHOFF 2.00 X 0 0 0 KAY JOHNSON 2.00 X 0 0 0 MARCUS JOHNSON 2.00 X 0 0 0 GARY L KELLY 2.00 X 0 0 0 J D KENNEDY 2.00 X 0 0 0 SCOTT R KIZNER 2.00 X 0 0 0 ED KLAMFOTH 2.00 X 0 0 0 REBECCA LADNER 2.00 X 0 0 0 MICHAEL J LANNON 2.00 X 0 0 0 ALVIN L LEBER 2.00 X 0 0 0 EMILY LEMBECK 2.00 X 0 0 0 JEFF LIND 2.00 X 0 0 0 DOROTHY LINN 2.00 X 0 0 0 JAMES L LONG 2.00 X 0 0 0 RALPH MARINO JR 2.00 X 0 0 0 MICHAEL J MARTIN 2.00 X 0 0 0 KEVIN MAXWELL 2.00 X 0 0 0 DAVID MCGEHEE 2.00 X 0 0 0 TIMOTHY F MCNAMEE 2.00 X 0 0 0 DEMOND A MEANS 2.00 X 0 0 0 JAMES G MERRILL 2.00 X 0 0 0 DAVID W MESSERSMITH 2.00 X 0 0 0 NICK J MILANETTI 2.00 X 0 0 0 TIMOTHY M MITCHELL 2.00 X 0 0 0 MATTHEW MURPHY 2.00 X 0 0 0 PATRICK K MURPHY 2.00 X 0 0 0 JERRY N NEEDHAM 2.00 X 0 0 0 ROBERT O'BRIEN 2.00 X 0 0 0 DANIEL W OLSON 2.00 X 0 0 0 KEITH E OWEN 2.00 X 0 0 0 LARRY E PARSONS 2.00 X 0 0 0 DENNIS PATZER 2.00 X 0 0 0 ELAINE PINCKNEY 2.00 X 0 0 0 GAIL PLETNICK 2.00 X 0 0 0 MICHELLE PRICE 2.00 X 0 0 0 JUDITH RATTNER 2.00 X 0 0 0 BRIAN RECHT 2.00 X 0 0 0 MIKE REED 2.00 X 0 0 0 JOHN RETCHLESS 2.00 X 0 0 0 PEDRO A RIVERA 2.00 X 0 0 0 L OLIVER ROBINSON 2.00 X 0 0 0 MARYALICE RUSSELL 2.00 X 0 0 0 WAYNE SAVOY 2.00 X 0 0 0 THERON J SCHUTTE 2.00 X 0 0 0 GUY M SCONZO 2.00 X 0 0 0 KENT A SHELLENBERGER 2.00 X 0 0 0 TOM SHELTON 2.00 X 0 0 0 KATHERINE E SIPALA 2.00 X 0 0 0 LISA SKILES PARADY 2.00 X 0 0 0 JACK SMITH 2.00 X 0 0 0 MARGARET A SMITH 2.00 X 0 0 0 SHERRI L SMITH 2.00 X 0 0 0 KATHY SPENCER 2.00 X 0 0 0 PATRICK SWEENEY 2.00 X 0 0 0 MICHAEL TEAHON 2.00 X 0 0 0 GEOFFREY THOMAS 2.00 X 0 0 0 BARBARA W THOMPSON 2.00 X 0 0 0 THOMAS C TRIGG 2.00 X 0 0 0 CURT TRYGGESTAD 2.00 X 0 0 0 SCOTT C TURNER 2.00 X 0 0 0 TOM TURRELL 2.00 X 0 0 0 TERRY VAN ZOEREN 2.00 X 0 0 0 DAVID J VERDUGO 2.00 X 0 0 0 KAY WAGGONER 2.00 X 0 0 0 JULE WALKER 2.00 X 0 0 0 JACK WALSH 2.00 X 0 0 0 LAWRENCE T WALTERS 2.00 X 0 0 0 BETSY M WEBB 2.00 X 0 0 0 SHANNON L WELSH 2.00 X 0 0 0 RONALD C WHITMOYER 2.00 X 0 0 0 MCKELL WITHERS 2.00 X 0 0 0 MICHAEL B WOMBLE 2.00 X 0 0 0 JULIE WOOD 2.00 X 0 0 0 BARRY WOWK 2.00 X 0 0 0 LU YOUNG 2.00 X 0 0 0 DANIEL A DOMENECH 40.00 X 331463 0 6729 H CHARLES WOODRUFF 40.00 X 145950 0 2665 BRUCE HUNTER 40.00 X 167728 0 11136 ELLEN SCHOETZAU 40.00 X 145279 0 3185 SHARON ADAMS-TAYLOR 40.00 X 129587 0 3781 C J REID 40.00 X 121238 0 11905 EVELYN GILLIAM 40.00 X 121200 0 3653 CHRIS DAW 40.00 X 109420 0 8845 1271865 0 51899 9 0 1 0 CREATIVE SOLUTIONS FOR YOU 313 SOUTH PATRICK STREET ALEXANDRIA VA 22314 MARKETING SERVICES FOR MEMBERSHIP & NCE 270390 FREEMAN AUDIO VISUAL SOLUTIONS INC PO BOX 650036 DALLAS TX 75265 AUDIO VISUAL SERVICES AT NCE 248678 PORTERFIELD AND CARNES 426 TIMBERBRANCH PARKWAY ALEXANDRIA VA 22302 MEDIA RELATIONS SERVICES 103130 3 3413902 3413902 MEMBERSHIP DUES 900099 3149727 3149727 CONVENTION REVENUE 900099 1614977 1612142 2835 ADVERTISING REVENUE 541800 718264 718264 LEADERSHIP 900099 669485 669485 EDUCATIONAL MEETINGS 900099 197211 197211 48000 48000 6397664 201346 201346 167191 167191 26217 0 26217 26217 26217 4244830 573968 4211350 640760 33480 -66792 -33312 -33312 33844 18974 14870 14870 OTHER INCOME 900099 491448 491448 WEBSITE ADVERTISING 541800 153559 153559 645007 10832885 5691435 874658 852890 671534 358580 285712 27242 2067454 1103961 876192 87301 79050 42210 36840 787783 420653 367130 215146 114882 100264 71918 71818 100 42000 42000 1302763 849925 452838 628230 531170 92933 4127 329122 327940 1182 697343 591698 105120 525 833226 769417 55460 8349 55559 55559 172080 172080 INCOME TAXES 9505 9505 SUBCONTRACTS 1872414 1872414 OTHER COSTS 351058 28297 321486 1275 DUES, SUBSCRIPTIONS 62775 31814 30461 500 3433 3433 10252393 7215041 2907933 129419 400 400 5466713 3027898 271697 186134 312216 134301 2349 148013 127869 4534708 1279240 234059 3255468 5720668 4633335 1458445 39904 174567 12196019 12998417 883256 869315 1318754 1221555 2427782 5741399 3553281 7943409 8071933 X 4095721 4769116 6889 7368 150000 150000 4252610 4926484 12196019 12998417 X 580492 93382 X 0 1 1 X 1 1 X 4561589 4863626 4822793 4800556 6563629 25612193 4582882 3257878 2654507 2541746 2526838 15563851 39772 86231 113849 491448 731300 9144471 8161276 7563531 7456151 9581915 41907344 0 0 0 41907344 424913 341994 338217 503098 394754 2002976 122336 48340 12084 78175 260935 547249 390334 350301 581273 394754 2263911 9691720 8551610 7913832 8037424 9976669 44171255 0.94870 0.93940 0.05130 0.06060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 386502 386502 10017913 10404415 670221 167555 0 0 670221 670221 1005332 386502 386502 167555 167555 251333 1037935 28584 479 1066998 1023369 31726 3251 20411 1037935 1022853 36655 36139 1023369 983951 35515 7887 4500 1022853 0.85250 0.00690 0.14060 0 0 907539 907539 2222921 53329 2169592 6776 6776 1397472 1225911 171561 3255468 77,032.399-VANGUARD FIXED INC SECS 786501 F 42,447.498-ROWE T. PRICE CAP OPPORTUNITIES 671944 F 1458445 REFUNDABLE ADVANCES 665905 ACCRUED POST RETIREMENT MEDICAL BENEFITS 2729963 DEFERRED COMPENSATION 157413 3553281 10832885 10252393 580492 27126 66256 93382 673874 10945777 27126 27126 10918651 -85766 -85766 10832885 10338159 85766 85766 10252393 0 10252393 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS ARE BASED ON THE DONORS INSTRUCTIONS. EARNINGS ARE USED TO SUPPORT A GENERAL SESSION OR LECTURE AT THE ANNUAL NATIONAL CONFERENCE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ASSOCIATION QUALIFIES FOR CHARITABLE CONTRIBUTIONS DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. UNDER CURRENT INTERNAL REVENUE SERVICE REGULATIONS, RENTAL INCOME AND ADVERTISING EARNED IN THE PUBLICATION OF THE ASSOCIATION'S MAGAZINES ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX. DEFERRED TAXES ARISE DUE TO THE TIMING DIFFERENCE IN RECOGNITION OF RENTAL REVENUE. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES 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 ASSOCIATION 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 ON 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% 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 ASSOCIATION'S TAX POSITION AND IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS; THEREFORE, NO TAX LIABILITIES HAVE BEEN RECORDED AS OF JUNE 30, 2012, OR ANY RELATED INTEREST AND PENALTIES INCLUDED IN THE BALANCE SHEET OR STATEMENT OF ACTIVITIES. GENERALLY, THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2009. PART XI, LINE 8 - OTHER ADJUSTMENTS: MINIMUM POSTRETIREMENT LIABILITY ADJUSTMENT 66,256. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON LINE 10B -18,974. LOSS ON ASSET DISPOSAL REPORTED ON LINE 7 -66,792. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON LINE 10B 18,974. LOSS ON ASSET DISPOSAL REPORTED ON LINE 7 66,792. X 1 1 X X 0 0 0 0 0 0 0 0 0 DANIEL A DOMENECH 331463 0 0 0 0 0 4915 0 3148 0 339526 0 0 0 BRUCE HUNTER 167728 0 0 0 0 0 2399 0 9885 0 180012 0 0 0 PART I, LINE 1A FOLLOWING PEOPLE RECEIVED TAXABLE TRAVEL FOR COMPANIONS: DANIEL A. DOMENECH - $9,884.10 EDGAR B. HATRICK, III - $1,289.50 PATRICA E. NEUDECKER - $8,272.60 FORM 990, PART VI, SECTION A, LINE 6 SINCE 1865, SCHOOL SYSTEM LEADERS HAVE JOINED THE AMERICAN ASSOCIATION OF SCHOOL ADMINISTRATORS (AASA) FOR PROFESSIONAL SUPPORT AND DEVELOPMENT, INFORMATION AND NEWS, NETWORKING, AND REPRESENTATION AT THE FEDERAL LEVEL AND TO SUPPORT THE AASA MISSION TO ADVANCE PUBLIC EDUCATION FOR ALL CHILDREN. AASA REPRESENTS SCHOOL DISTRICT ADMINISTRATORS AT BOTH THE BUILDING AND CENTRAL OFFICE LEVEL. AASA'S PRIMARY MEMBERS ARE PUBLIC SCHOOL DISTRICT SUPERINTENDENTS AND THOSE WHO ASPIRE TO THAT POSITION. AASA ALSO INCLUDES COLLEGE PROFESSORS WHO ARE PREPARING SCHOOL ADMINISTRATORS. FORM 990, PART VI, SECTION A, LINE 7A ANY MEMBER IN THE ACTIVE MEMBERSHIP CATEGORY WHO IS SERVING ON, OR HAS SERVED ON WITHIN THE LAST 3 YEARS, EITHER THE GOVERNING BOARD OR THE EXECUTIVE COMMITTEE AND IS A MEMBER OF THEIR STATE ASSOCIATION IS ELIGIBLE TO RUN FOR PRESIDENT-ELECT OF AASA. THE PRESIDENT-ELECT SERVES A ONE YEAR TERM BEFORE BECOMING PRESIDENT FOR ONE YEAR. FOLLOWING HIS/HER PRESIDENTIAL TERM HE/SHE BECOMES THE IMMEDIATE PAST PRESIDENT FOR ONE YEAR. INTERESTED CANDIDATES FILE APPROPRIATE MATERIALS AND A $500 FILING WITH AASA NO LATER THAN THE 1ST FRIDAY IN DECEMBER. THE ELECTION COMMITTEE MEETS VIA CONFERENCE CALL TO REVIEW THE MATERIALS AND TO DECLARE THE CANDIDATE(S) ELIGIBLE. THE GOVERNING BOARD AT ITS WINTER MEETING NOMINATES THE CANDIDATE(S) FOR PRESIDENT-ELECT. IF MORE THAN 3 CANDIDATES ARE VYING FOR THE NOMINATION, THE GOVERNING BOARD MUST REDUCE THAT NUMBER TO NO MORE THAN 3. THE GOVERNING BOARD CANNOT ADD CANDIDATES. ELIGIBLE VOTING MEMBERS RECEIVE VOTING MATERIALS EITHER ELECTRONICALLY OR VIA US MAIL. THE CANDIDATE RECEIVING A PLURALITY OF THE VOTES CAST IS ELECTED. FORM 990, PART VI, SECTION B, LINE 11 THE 990 WILL BE REVIEWED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE CHAIR WILL DISCUSS THE 990 WITH THE FULL EXECUTIVE COMMITTEE AT ITS NEXT MEETING FOLLOWING THE REVIEW. ALL MEMBERS WILL HAVE THE OPPORTUNITY TO REVIEW THE RETURN. FORM 990, PART VI, SECTION B, LINE 15 THE AMERICAN ASSOCIATION OF SCHOOL ADMINISTRATORS (AASA) USES OUTSIDE INDEPENDENT CONSULTANTS TO REVIEW ITS SALARIES ON REGULAR BASIS. THIS REVIEW PROVIDES INFORMATION ABOUT THE ASSOCIATION'S COMPETITIVE POSITION RELATIVE TO PUBLISHED SURVEY DATA AND ASSURES THAT THE PAY OF EXECUTIVES AND OTHER EMPLOYEES IS REASONABLE. THE SALARY OF THE ASSOCIATION'S EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMMITTEE BY MARKET COMPARISONS. THE ANNUAL REVIEW OF SALARIES WAS CONDUCTED IN 2011 WITH EMPLOYEES BEING GIVEN A COST OF LIVING SALARY INCREASE OF 3%. FORM 990, PART VI, SECTION C, LINE 19 THE POLICIES AND PROCEDURES (WHICH INCLUDES CONFLICT OF INTEREST POLICES) WILL BE POSTED ON THE ORGANIZATION'S WEBSITE. ALL MEMBERS WILL HAVE ACCESS TO THESE DOCUMENTS. FINANCIAL INFORMATION IS RECORDED IN THE ANNUAL REPORT WHICH IS ALSO POSTED ON THE WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 27,126. MINIMUM POSTRETIREMENT LIABILITY ADJUSTMENT 66,256. TOTAL TO FORM 990, PART XI, LINE 5: 93,382.