2013-02-13T16:32:39-06:00 2012-03-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2011-04-01 366066325 AMERICAN GASTROENTEROLOGICAL ASSOCIATION INSTITUTE INC AMER 3016542055 4930 DEL RAY AVENUE BETHESDA MD 20814 THOMAS J SERENA 3016542055 2013-02-13 1 DEBORAH G KOSNETT P00290720 2022932200 2011 2016-03-07 17:11:31Z LYNN ROBINSONTHOMAS SERE 4930 DEL RAY AVENUE BETHESDA MD 20814 37730859 0 X WWW.GASTRO.ORG X 1937 DE TO CARRY OUT THE EDUCATIONAL, PRACTICE, AND RESEARCH INTERESTS OF THE AGA MEMBERS. 12 1 96 120 303885 121414 4225361 3605753 13423419 14850256 1636987 2202869 165085 50523 19450852 20709401 1507577 1167025 0 0 8807305 9173301 0 243719 591019 6865941 7518484 17180823 18102529 2270029 2606872 54211078 54658605 12985332 11821027 41225746 42837578 X THE PURPOSE OF AMERICAN GASTROENTEROLOGICAL ASSOCIATION INSTITUTE, INC. IS TO ADVANCE AND FOSTER THE DEVELOPMENT AND APPLICATION OF THE SCIENCE AND PRACTICE OF GASTROENTEROLOGY AND CLOSELY RELATED FIELDS OF STUDY, MEDICAL AND SCIENTIFIC BY PROVIDING LEADERSHIP AND AID IN ALL ASPECTS OF THIS FIELD, INCLUDING PATIENT CARE, RESEARCH, TEACHING, CONTINUING EDUCATION AND SCIENTIFIC COMMUNICATION, AND MATTERS OF NATIONAL HEALTH POLICY PERTAINING TO GASTROENTEROLOGY. 0 0 8624170 72000 5774612 DIGESTIVE SYSTEM DISEASES PROGRAMS, GENERAL/OTHER: AGA OFFERED ITS GASTROENTEROLOGY TRAINING EXAMINATION WHICH IS DESIGNED TO ALLOW TRAINING DIRECTORS TO GAUGE THEIR PROGRESS OVER TIME. THE CLINICAL CONGRESS WAS HELD TO PROVIDE CUTTING EDGE CONTENT TO THE PRACTICING GATROENTEROLOGIST AND ATTRACTS OVER 200 PROFESSIONALS. THE BI-ANNUAL ACADEMIC SKILLS WORKSHOP PROVIDES INSTRUCTION AND MENTORING TO THOSE IN THE EARLY STAGES OF THEIR ACADEMIC AND RESEARCH CAREERS. THE CTC COURSE TRAINING PROVIDED HANDS-ON LEARNING WITH REGARD TO QUALITY IMAGING AND PROBLEM SOLVING TECHNIQUES. THE ANNUAL PRINCIPLES OF GASTRO FOR THE NURSE PRACTITIONER & PHYSICIAN ASSISTANT COURSE, PROVIDING MID-LEVEL PROVIDERS WITH THE LATEST GI-SPECIFIC CLINICAL & PRACTICE MANAGEMENT INSTRUCTION, WAS ATTENDED BY OVER 200 PROFESSIONALS. AGA OFFERS ITS ANNUAL POSTGRADUATE COURSE DURING ITS ANNUAL MEETING, DRAWING CLOSE TO 3,000 ATTENDEES. 1531037 10000 8033415 DIGESTIVE SYSTEM DISEASES PROGRAMS, GENERAL/OTHER: GASTROENTEROLOGY IS THE FIELD'S LEADING PEER-REVIEWED JOURNAL COMMITTED TO PUBLISHING CLINICAL AND BASIC STUDIES OF ALL ASPECTS OF THE DIGESTIVE SYSTEM, INCLUDING THE LIVER AND PANCREAS, AS WELL AS NUTRITION (11.68 HIGHEST GI PUBLICATION IMPACT FACTOR). CLINICAL GASTROENTEROLOGY AND HEPATOLOGY IS A MONTHLY, CLINICIAN ORIENTED, PEER-REVIEWED JOURNAL DEVOTED TO PUBLISHING ORIGINAL RESEARCH AND SOLICITED REVIEW ARTICLES (5.60 IMPACT FACTOR, RANKING IN THE TOP 10 OF ALL GI AND HEPATOLOGY JOURNALS). 550227 297758 DIGESTIVE SYSTEM DISEASES PROGRAMS, GENERAL/OTHER: AGA PERSPECTIVES IS A BI-MONTHLY MAGAZINE THAT TACKLES CONTROVERSIAL ISSUES IN THE FIELD OF GASTROENTEROLOGY. AGA E-DIGEST IS A WEEKLY EMAIL NEWSLETTER THAT PROVIDES MEMBERS WITH THE LATEST NEWS AFFECTING THE SCIENCE AND PRACTICE OF GASTROENTEROLOGY. AGA MAINTAINS A WEBSITE ALLOWING MEMBERS, PATIENTS, AND OTHER VISITORS TO NAVIGATE AND FIND INFORMATION ABOUT THEIR AREAS OF INTEREST. (37,000 AVERAGE MONTHLY VISITS TO OUR PATIENT WEBSITE) 17065 4757 RECOGNITION AWARDS 1123118 1085025 739714 RESEARCH 1140183 1085025 744471 11845617 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 1 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 1 212 0 1 96 1 1 1 0 0 0 0 0 0 0 0 0 X 12 1 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK AL AR AZ CA CO CT DC FL GA HI IL KS KY MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV X THOMAS J SERENA 3016542055 4930 DEL RAY AVENUE BETHESDA MD 20814 C RICHARD BOLAND MD AGAF 2.50 X X 56306 0 0 LOREN A LAINE MD AGAF 2.50 X X 10638 0 0 ANIL K RUSTGI MD AGAF 2.50 X X 16438 0 0 J SUMNER BELL III MD AGAF 2.50 X X 27750 0 0 IAN L TAYLOR MD PHD AGAF 2.50 X X 12344 13875 0 NICHOLAS F LARUSSO MD AGAF 2.50 X 0 0 0 JOHN I ALLEN MD MBA AGAF 2.50 X 5650 0 0 SHEILA E CROWE MD AGAF 2.50 X 5150 0 0 FRANCIS M GIARDIELLO MD AGAF 2.50 X 0 0 0 LAWRENCE S KIM MD AGAF 2.50 X 0 0 0 HELEN M SHIELDS MD AGAF 2.50 X 1000 0 0 VINCENT W YANG MD PHD 2.50 X 4125 0 0 LYNN P ROBINSON 30.00 X 277314 92438 48819 THOMAS J SERENA 30.00 X 275763 91921 47961 DIANNE BACH 38.00 X 222986 0 39557 MICHAEL STOLAR 38.00 X 283973 0 42701 CHARLES WILLIS 38.00 X 182406 0 20023 JEFFREY SPRINGER 20.00 X 89588 80629 27306 WENDY COHEN 38.00 X 183348 0 36457 ARCELI BACSINILA 35.00 X 126364 10831 15308 RICHARD PODGORSKI 38.00 X 167100 0 34375 ELLEN SILVER 38.00 X 128819 0 30318 DEBORAH ROBIN 38.00 X 119495 0 8365 JESSICA DUNCAN 38.00 X 105684 0 29921 2302241 289694 381111 12 0 1 0 MEDSCAPE LLC 12186 COLLECTIONS CENTER DR CHICAGO IL 60693 CONSULTING 1593969 COMMUNITY COUNSELING SERVICES CO LLC PO BOX 27462 NEW YORK NY 100877462 FUNDRAISING CONSULTING 243719 2 3605753 3605753 PUBLICATIONS 541800 8033415 7788296 245119 DIGESTIVE DISEASE WEEK 900099 3632374 3573608 58766 EDUCATIONAL CONFERENCE 900099 2436636 2436636 AGA ASSN MANAGEMENT 900099 603235 603235 OTHER PROGRAMS 900099 144596 144596 14850256 1252260 1252260 2925 0 2925 2925 2925 17972067 17021458 950609 950609 950609 MAILING LIST ROYALTY 900099 47598 47598 47598 20709401 14546371 303885 2253392 1080000 1080000 42025 42025 45000 45000 1888975 1278747 540360 69868 5436662 4201220 1005895 229547 348037 348037 1054406 38 1054368 445221 445221 70555 47224 16137 7194 66646 66646 243719 243719 244655 244655 2075830 2023924 51906 7022 7022 782535 360796 407537 14202 4555 4555 4034 4034 300627 300627 872087 687550 175005 9532 1004334 934840 64153 5341 281347 281347 459331 459331 86481 11874 74607 FED & STATE INCOME TAX 99000 99000 HONORARIA 868040 750500 117475 65 DUES & EDUCATION 129919 76883 52666 370 BANK & CREDIT CARD FEES 99254 4304 94950 62232 44981 6070 11181 18102529 11845617 5665893 591019 8203 19874 5887339 6687647 1414752 1469451 1489400 800882 243551 228428 10921118 4854800 6365000 6066318 37628213 38455957 1174620 930048 54211078 54658605 659209 1135031 420311 324686 3577073 2727616 5250000 5050000 3078739 2583694 12985332 11821027 X 27974181 30117512 4004177 2766327 9247388 9953739 41225746 42837578 54211078 54658605 X 2606872 -995040 X X 0 1 1 X 0 X 2120085 2835327 18097824 4225361 3605753 30884350 2574448 7674680 7344086 6510808 14546371 38650393 4694533 10510007 25441910 10736169 18152124 69534743 50000 271100 321100 1489464 4815284 4322555 2279420 1189878 14096601 1489464 4815284 4322555 2329420 1460978 14417701 55117042 619637 852912 901817 1223725 1302783 4900874 619637 852912 901817 1223725 1302783 4900874 128458 806400 333550 298356 121414 1688178 50842 46177 25322 165085 287426 5493470 12215496 26702599 12423335 19576321 76411221 0.72130 0.64090 0.06410 0.06240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8218612 799593 -49451 68527 8900227 7322635 396595 639195 139813 8218612 0 7322635 7322635 1.00000 0 0 1450000 1450000 6204490 4780034 1424456 3266628 74766 3191862 6066318 INTEREST RATE SWAP LIABILITY 819652 DUE TO AGA, INC. 1220426 DEFERRED COMPENSATION LIABILITY 543616 2583694 20709401 18102529 2606872 -944848 -50192 -995040 1611832 19472486 -944848 -47412 -992260 20464746 244655 244655 20709401 17860654 2780 2780 17857874 244655 244655 18102529 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS THE ORGANIZATION'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR AWARDS AND RELATED ACTIVITIES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN AND THEREFORE DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND OTHER STATE AND LOCAL TAXING AUTHORITIES FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE SWAP -50,192. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE SWAP -50,192. INTERNAL MAIL SHOP ADJUSTMENT 2,780. PART XIII, LINE 2D - OTHER ADJUSTMENTS: INTERNAL MAIL SHOP ADJUSTMENT 2,780. 1 NORTH AMERICA 0 0 PROGRAM SERVICES; GRANTS MEETING; RESEARCH GRANT 48261 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES MEETING 32665 0 0 0 0 0 0 80926 0 80926 RESEARCH GRANT NORTH AMERICA 1 45000 CHECK 0 0 0 0 0 0 X X X X X 0 COMMUNITY COUNSELING SERVICES CO LLC PO BOX 27462 NEW YORK NY 100877462 PROFESSIONAL FUNDRAISING 0 1730160 243719 1486441 1730160 243719 1486441 AK AL AR AZ CA CO CT DC FL GA HI IL KS KY MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV 1 WASHINGTON UNIVERSITY 660 S EUCLID AVE ST LOUIS MO 63110 430653611 501(C)(3) 85000 RESEARCH MASS GENERAL HOSPITAL 101 HUNTINGTON AVE BOSTON MA 02199 041564655 501(C)(3) 108750 RESEARCH REGENTS OF UNIV OF MICHIGAN 3003 SO STATE ST ANN ARBOR MI 48109 386006309 501(C)(3) 87500 RESEARCH REGENTS OF UNIV OF CA AT BERKELEY 350 DICKEN ST SAN DIEGO CA 92103 946002123 501(C)(3) 78750 RESEARCH UT SOUTHWESTERN PO BOX 841753 DALLAS TX 75284 756002868 GOVERNMENTAL UNIT 150000 RESEARCH REGENTS OF THE UNIVERSITY OF CALIFORNIA AT SAN DIEGO 9500 GILMORE DR LA JOLLA CA 92093 956006144 501(C)(3) 75000 RESEARCH TRUSTEES OF COLUMBIA UNIVERSITY 650W 168TH ST NEW YORK NY 10032 135598093 501(C)(3) 75000 RESEARCH YALE UNIVERSITY PO BOX 1873 NEW HAVEN CT 06508 060646973 501(C)(3) 40000 RESEARCH UNIVERSITY OF UTAH 75 S 2000 E SALT LAKE CITY UT 84112 876000525 501(C)(3) 18750 RESEARCH REGENTS OF THE UNIVERSITY OF COLORADO 13001 E 17TH PL AURORA CO 80045 846000555 501(C)(3) 18750 RESEARCH UNIVERSITY OF CHICAGO 970 E 58TH STREET CHICAGO IL 60637 362177139 501(C)(3) 30000 RESEARCH UNIVERSITY OF TEXAS SYSTEM MEDICAL FDTN PO BOX 4786-750 HOUSTON TX 77210 741769336 501(C)(3) 18750 RESEARCH TUFTS MEDICAL CENTER 800 WASHINGTON ST BOSTON MA 02111 042103634 501(C)(3) 30000 RESEARCH TRUSTEES OF UNIV OF PENNSYLVANIA 423 GUARDIAN DRIVE PHILADELPHIA PA 19104 231352685 501(C)(3) 18750 RESEARCH NORTHWESTERN UNIVERSITY 750 N LAKE SHORE DR CHICAGO IL 60611 362167817 501(C)(3) 45000 RESEARCH MT SINAI SCHOOL OF MEDICINE ONE GUSTAVE LEVY PL NEW YORK NY 10029 136171197 501(C)(3) 18750 RESEARCH MEDICAL COLLEGE OF WISCONSIN 8701 WATERTON PLANK RD MILWAUKEE WI 53226 390806261 501(C)(3) 18750 RESEARCH DANA FARBER CANCER INSTITUTE 44 BINNEY ST BOSTON MA 02135 042263040 501(C)(3) 50000 RESEARCH CINCINNATI CHILDREN'S HOSPITAL 3333 BURNET AVE CINCINNATI OH 45229 310833936 501(C)(3) 45000 RESEARCH CHILDREN'S HOSPITAL BOSTON PO BOX 414413 BOSTON MA 02241 042774441 501(C)(3) 18750 RESEARCH BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA HOUSTON TX 77210 741613878 501(C)(3) 18750 RESEARCH WEILL MEDICAL COLLEGE MS 1300 YORK AVE 89 NEW YORK NY 10065 136094042 501(C)(3) 30000 RESEARCH 22 0 DISTINGUISHED ACHIEVEMENT 1 5000 FRIEDENWALD MEDAL 1 5000 EDUCATIONAL SEMINAR GRANTS 63 32025 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS GRANTS AND AWARDS ARE AWARDED AND MONITORED BASED ON A PROGRAM'S BUDGET AND GRANT STIPULATIONS, IF ANY. PROGRAM MANAGERS ARE RESPONSIBLE FOR MONITORING THE USE OF GRANT FUNDS. X 1 1 X X X X 1 0 0 0 0 0 0 1 0 LYNN P ROBINSON 271072 90357 0 0 6242 2081 19412 6471 18561 6187 315287 105096 0 0 THOMAS J SERENA 274831 91610 0 0 932 311 19304 6435 18026 6009 313093 104365 0 0 DIANNE BACH 216765 0 0 0 6221 0 15609 0 25384 0 263979 0 0 0 MICHAEL STOLAR 259049 0 0 0 24924 0 19878 0 24239 0 328090 0 0 0 CHARLES WILLIS 181557 0 0 0 849 0 12768 0 8417 0 203591 0 0 0 JEFFREY SPRINGER 88055 79250 0 0 1533 1379 6271 5644 8663 7796 104522 94069 0 0 WENDY COHEN 181570 0 0 0 1778 0 12834 0 24830 0 221012 0 0 0 ARCELI BACSINILA 125175 10729 0 0 1189 102 8846 758 7669 657 142879 12246 0 0 RICHARD PODGORSKI 164891 0 0 0 2209 0 11697 0 23763 0 202560 0 0 0 ELLEN SILVER 128560 0 0 0 259 0 9017 0 22191 0 160027 0 0 0 PART I, LINE 1A PART I, LINE 1A: IAN L. TAYLOR, M.D., THE INSTITUTE'S PAST PRESIDENT, IS PERMITTED TO BRING A COMPANION ON BUSINESS TRIPS FOR THE ASSOCIATION, AND IS COMPENSATED THEREFOR. PART I, LINE 4A RICHARD PODGORSKI, FORMER REGIONAL VICE PRESIDENT OF DEVELOPMENT, RECEIVED A TOTAL OF $41,838 IN SEVERANCE BEGINNING 1/1/2012 AFTER TERMINATING EMPLOYMENT ON 12/31/2011. PART I, LINE 7 THE AGAI CO-EXECUTIVE DIRECTORS ARE ELIGIBLE TO RECEIVE ANNUAL BONUSES, DETERMINED AS A PERCENTAGE OF BASE SALARY. THESE BONUSES ARE AWARDED AT THE DISCRETION OF THE INSTITUTE'S EXECUTIVE COMPENSATION COMMITTEE, SUBJECT TO FULL BOARD APPROVAL. MONTGOMERY COUNTY MARYLAND 526000980 613342BW3 2003-07-07 6600000 MORTGAGE REFINANCING 0 0 0 6600000 182934 6417066 2004 1 0 1 1 0 0 0 0 0.00000 0.02000 0.02000 1 0 1 1 WACHOVIA 14.000000000000 0 0 0 0 0 AMERICAN GASTROENTEROLOGICAL ASSOCIATION INC COMMON BOARD MEMBERS/BOARD SELECTION CONTROL PLEASE SEE SCHEDULE R FOR ALL REPORTABLE TRANSACTIONS BETWEEN THE INSTITUTE AND THE RELATED ASSOCIATION. 0 SCHEDULE L, PART IV: THE INSTITUTE AND ITS RELATED TRADE ASSOCIATION ARE TWO SECTION 501(C) ORGANIZATIONS THAT HAVE BOARD MEMBERS IN COMMON. UNDER THE INSTITUTE'S BYLAWS, 11 OF THE 12 INSTITUTE BOARD MEMBERS ARE SELECTED BY THE TRADE ASSOCIATION, AS THE SOLE MEMBER OF THE INSTITUTE. PLEASE SEE SCHEDULE R FOR ADDITIONAL INFORMATION REGARDING BUSINESS TRANSACTIONS BETWEEN THE TWO ENTITIES. FORM 990, PART VI, SECTION A, LINE 1 THE INSTITUTES' GOVERNING BOARD HAS AN EXECUTIVE COMMITTEE, CONSISTING OF THE BOARD OFFICERS, THE PAST PRESIDENT AND THE CHAIR OF THE INSTITUTE'S FOUNDATION FOR DIGESTIVE HEALTH AND NUTRITION. THE EXECUTIVE COMMITTEE HAS THE FOLLOWING DUTIES AND RESPONSIBILITIES: (1) DURING THE INTERVALS BETWEEN THE MEETINGS OF THE GOVERNING BOARD, TO EXERCISE SUCH POWERS AS MAY BE DELEGATED TO IT BY THE GOVERNING BOARD; (2) MAKE RECOMMENDATIONS TO THE GOVERNING BOARD AS TO MATTERS OF CHANGES, EXTENSIONS OR REVISIONS IN THE CORPORATIONS POLICY; (3) TO RECEIVE AND STUDY REPORTS OF SUCH COMMITTEES AS THE GOVERNING BOARD MAY DIRECT; (4) TO ACT AS AN ADVISORY BODY TO THE PRESIDENT; (5) TO KEEP A RECORD OF ITS PROCEEDINGS AND REPORT THE SAME TO THE GOVERNING BOARD AT THE NEXT SUCCEEDING MEETING FOR ITS APPROVAL OR DISAPPROVAL; AND (6) TO HOLD ITS MEETINGS AT SUCH PLACE OR PLACES AS IT MAY FROM TIME TO TIME DETERMINE. IN ADDITION, THE COMMITTEE MAY BE CALLED UPON TO MEET AT ANY TIME BY THE PRESIDENT OF THE FOUNDATION. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE SUBMITTED TO THE GOVERNING BOARD FOR RATIFICATION. IN ADDITION, THE EXECUTIVE COMMITTEE SHALL REVIEW AND EVALUATE PERFORMANCE OF EXISTING MEMBERS OF ALL COMMITTEES AND TASK FORCES AND DEVELOP SYSTEMS, POLICIES AND PROCEDURES TO ASSURE THAT ALL MEMBERSHIP THEREON IS APPROPRIATE TO THE RELEVANT MISSION AND THAT PROSPECTIVE APPOINTMENTS MEET THE NEEDS OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE SHALL OVERSEE SELECTION OF ALL OFFICIAL AWARDS, PRIZES, AND GRANTS; AND SPECIFICALLY TO SELECT THE ANNUAL RECIPIENT OF THE JULIUS FRIEDENWALD MEDAL, WHICH WILL BE PRESENTED TO A MEMBER OF THE AMERICAN GASTROENTEROLOGICAL ASSOCIATION FOR DISTINGUISHED ACHIEVEMENT IN GASTROENTEROLOGY. THE EXECUTIVE COMMITTEE SHALL ALSO (1) ASSESS THE NEED FOR PRINT AND ELECTRONIC PUBLICATIONS AND SERVICES IN THE AREAS OF GASTROENTEROLOGY SCIENCE, CLINICAL PRACTICE AND EDUCATION, (2) RECOMMEND AND INITIATE PUBLISHING PROJECTS AND ACTIVITIES IN RESPONSE TO THOSE NEEDS, (3) DEVELOP PUBLICATION-RELATED POLICIES FOR APPROVAL BY THE GOVERNING BOARD, AND (4) ENSURE THE QUALITY AND FINANCIAL VIABILITY OF ALL AGA INSTITUTE PUBLICATIONS. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS AMERICAN GASTROENTEROLOGICAL ASSOCIATION, INC., A RELATED ENTITY EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(6). FORM 990, PART VI, SECTION A, LINE 7A THE INSTITUTE'S GOVERNING BOARD CONSISTS OF TWELVE PERSONS, ELEVEN OF WHICH ARE ELECTED BY THE MEMBER (THE AMERICAN GASTROLOGICAL ASSOCIATION) AND ONE OF WHICH IS THE CHAIR OF THE INSTITUTE'S FOUNDATION FOR DIGESTIVE HEALTH AND NUTRITION (FDHN; NOT A SEPARATE ENTITY), WHICH IS ELECTED BY THE FDHN. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY A THIRD PARTY, FROM INFORMATION SUPPLIED BY THE INSTITUTE. AGA MANAGEMENT REVIEWS THE FINAL FORM 990 AND ADDRESSES ANY QUESTIONS PRIOR TO FILING. THE GOVERNING BOARD DOES NOT REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNING BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST POLICY FORM QUARTERLY TO DISCLOSE ANY CONFLICTS THAT MAY ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION COMMITTEE MEETS ANNUALLY TO REVIEW AND APPROVE COMPENSATION OF TOP MANAGEMENT OFFICIALS. AN INDEPENDENT CONSULTANT IS USED TO PROVIDE COMPARABLE SURVEY DATA TO HELP SET COMPENSATION LEVELS FOR THE EXECUTIVE VICE PRESIDENTS. THE FINANCE AND OPERATIONS COMMITTEE REVIEWS ON A BI-ANNUAL BASIS THE LEVELS OF COMPENSATION FOR THE OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENT SUMMARY IS POSTED ON THE ORGANIZATION'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -944,848. UNREALIZED LOSS ON INTEREST RATE SWAP -50,192. TOTAL TO FORM 990, PART XI, LINE 5: -995,040. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR. AMERICAN GASTROENTEROLOGICAL ASSOCIATION INC (AGA) 4930 DEL RAY AVENUE BETHESDA MD 20814 202986410 MEMBERSHIP DE 501(C)(6) N/A N/A 0 AGA POLITICAL ACTION COMMITTEE 4930 DEL RAY AVENUE BETHESDA MD 20814 204759482 POLITICAL MD 527 N/A AGA 0 DDW LLC 4930 DEL RAY AVENUE BETHESDA MD 208142512 222279199 OPERATION OF "DIGESTIVE DISEASE WEEK" CONFERENCE MD RELATED 4400012 1194395 1 58696 1 0.25000 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 0 1 AMERICAN GASTROENTEROLOGICAL ASSN INC K 587856 FMV AMERICAN GASTROENTEROLOGICAL ASSN INC P 1312125 FMV DDW LLC R 2017657 CASH DISTRIBUTION DDW LLC K 1614712 MANAGEMENT AGREEMENT AMERICAN GASTROENTEROLOGICAL ASSN INC L 3034 FMV