2013-05-15T13:44:15-05:00 2012-12-31 043018997 FULCHINO O'REILLY & COMPANY PC 155 MIDDLESEX TURNPIKE BURLINGTON MA 01803 990 2012-01-01 042103657 AMERICAN METEOROLOGICAL SOCIETY AMER 6172272425 45 BEACON STREET BOSTON MA 02108 MICHAEL BATSIMM 6172272425 2013-05-14 1 THOMAS P FULCHINO CPA P00151920 7812705800 2013-05-14 2012 2016-02-24 21:20:13Z KEITH L SEITTER 45 BEACON STREET BOSTON MA 02108 16967525 0 X WWW.AMETSOC.ORG/AMS X 1958 MA TO ADVANCE THE ATMOSPHERIC AND RELATED SCIENCES, TECHNOLOGIES, APPLICATIONS, AND SERVICES. 19 19 120 930 134048 0 2442961 2374416 14022065 14434897 129318 158212 0 0 16594344 16967525 295839 370829 0 0 7820724 8070961 0 0 165143 7942174 7851702 16058737 16293492 535607 674033 22964730 23736847 11338466 11021257 11626264 12715590 TO ADVANCE THE ATMOSPHERIC AND RELATED SCIENCES, TECHNOLOGIES, APPLICATIONS, AND SERVICES FOR THE BENEFIT OF SOCIETY. 0 0 15617070 370829 14300849 THE EXPENSES OF THE SOCIETY ARE FOR PROGRAM SERVICES, MANAGEMENT AND GENERAL EXPENSES. THE SOCIETY SERVICES APPROXIMATELY 14,000 MEMBERS IN GOVERNMENT, EDUCATION AND THE PRIVATE SECTOR. 15617070 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 190 0 1 120 1 1 1 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA X MICHAEL BATSIMM 6172263999 45 BEACON STREET BOSTON MA 02108 DR LOUIS W UCCELLINI 8.00 X 0 0 0 DR J MARSHALL SHEPHERD 5.00 X 0 0 0 DR MARGARET LEMONE 5.00 X 0 0 0 MR JONATHAN T MALAY 5.00 X 0 0 0 MR KENNETH F CAREY 2.00 X 0 0 0 MR JOHN C SCHAAKE PHD 2.00 X 0 0 0 DR RICHARD W SPINRAD 2.00 X 0 0 0 AHSHA N TRIBBLE PHD 2.00 X 0 0 0 DR XUBIN XENG 5.00 X 0 0 0 DR THOMAS J BOGDAN 2.00 X 0 0 0 DR PETER J LAMB 5.00 X 0 0 0 MS PATRICIA A PHOEBUS 2.00 X 0 0 0 MR WILLIAM L READ 2.00 X 0 0 0 MR H JOE WITTE 2.00 X 0 0 0 DR JOSE DFUENTES 2.00 X 0 0 0 DR RICHARD H JOHNSON 2.00 X 0 0 0 DR CHRISTA D PETERS-LIDARD 2.00 X 0 0 0 DRWASSILA THIAW 2.00 X 0 0 0 MR CHIDONG ZHANG 2.00 X 0 0 0 DR KEITH L SEITTER 50.00 X 220516 0 41051 DR RICHARD D ROSEN 10.00 X 0 0 0 DR JAMES BREY 50.00 X 159817 0 34865 DR WILLIAM HOOKE 50.00 X 180015 0 21525 BARRY C MOHAN 50.00 X 162376 0 31806 DR IRA GEER 32.00 X 109712 0 12747 DR PAUL A HIGGINS 50.00 X 124042 0 26939 DR JOSEPH MORAN 40.00 X 106505 0 10713 DR KENNETH HEIDEMAN 50.00 X 115319 0 27975 R GARY RASMUSSEN 40.00 X 102384 0 16453 LEE GORDON 40.00 X 100690 0 26868 1381376 0 250942 10 0 1 0 0 1843961 530455 2374416 PUBLICATIONS 541800 8580159 8452198 127961 MEETINGS 541900 3223327 3223327 EDUCATIONAL ASSISTANCE 541900 1572270 1572270 MEMBERSHIP DUES 541900 1053054 1053054 MISCELLANEOUS 541900 6087 6087 14434897 151859 151859 6353 0 6353 6353 6353 16967525 14300849 134048 158212 370829 370829 841632 720270 121362 5810049 5650563 28659 130827 393749 370244 10422 13083 578023 564962 5211 7850 447508 422440 11985 13083 18323 18323 95039 95039 222229 200006 22223 496028 446425 49603 11545 11545 1550653 1550653 197790 197790 334611 301150 33461 88916 80024 8892 PRINTING & PUBLICATIONS 2557038 2557038 EDUCATION 1398011 1398011 POSTAGE 306411 275470 30641 300 BANK CHARGES 181545 181545 393563 318105 75458 16293492 15617070 511279 165143 1438607 2191491 1682249 1448412 36000 37000 83250 42359 217545 254187 722239 795107 13265728 2250954 11259233 11014774 7452502 7907546 73105 45971 22964730 23736847 647514 712910 4987560 4756095 5331586 5125866 371806 426386 11338466 11021257 X 9320980 10338151 1662521 1734739 642763 642700 11626264 12715590 22964730 23736847 X 674033 469873 -54580 X 0 1 X 1 1 1 X 1649045 2618494 2412976 2442961 2374416 11497892 12796554 13055321 13938462 13892740 14300849 67983926 14445599 15673815 16351438 16335701 16675265 79481818 5000 5000 0 5000 5000 79476818 267723 213301 154207 134406 151859 921496 267723 213301 154207 134406 151859 921496 12866 3938 7682 535 25021 14726188 15891054 16513327 16470107 16827659 80428335 0.98820 0.98510 0.01150 0.01430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 3630886 578319 58329 581757 3685777 3566684 675213 39338 650349 3630886 3901398 592289 54885 981888 3566684 3737796 620474 75989 532859 3901400 4214584 483477 49718 1009983 3737796 0.35500 0.17400 0.47100 0 0 3643802 3643802 4133085 256396 3876689 4625160 1350141 3275019 863681 644417 219264 11014774 FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 426386 426386 X 17448609 469873 11211 481084 16967525 0 16967525 16359283 65791 65791 16293492 0 16293492 PART III, LINE 1A: IN ACCORDANCE WITH U.S. GAAP, THE SOCIETY DOES NOT CAPITALIZE DONATED WORKS OF ART OR RECOGNIZE THEM AS REVENUES OR GAINS. SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART III, LINE 4: THE SOCIETY'S LAND AND BUILDING ARE LOCATED IN A HISTORICAL DISTRICT AND ITS BUILDING IS CLASSIFIED AS A HISTORICAL STRUCTURE. THE SOCIETY ALSO HAS WORKS OF ART AND SCIENTIFIC INSTRUMENTS AND LITERATURE WHICH ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SOCIETY HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. UNDER THIS POLICY, AS APPROVED BY THE EXECUTIVE COMMITTEE, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO CONTRIBUTE TO THE SOCIETY'S TOTAL RETURN OBJECTIVES AND PRESERVE PRINCIPAL WHILE MAINTAINING A COMPETITIVE YIELD AS MARKET CONDITIONS DICTATE. THE SOCIETY'S POLICY OF APPROPRIATING SCHOLARSHIPS, FELLOWSHIPS AND OTHER DISTRIBUTION OF FUNDS IS DETERMINED BASED ON THE DONOR'S INTENTIONS AND INVESTMENT RETURNS AS WELL AS TAKING INTO CONSIDERATION THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE SOCIETY APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. AS OF DECEMBER 31, 2012, THE SOCIETY HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SOCIETY IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE SOCIETY'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTIONS 65,791. UNREALIZED LOSS ON INTEREST RATE SWAP MORTGAGE AGREEMENT -54,580. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTIONS 65,791. 1 FELLOWSHIPS 14 310329 SCHOLARSHIPS 39 60500 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FELLOWSHIPS AND SCHOLARSHIPS ARE SUBMITTED TO AMS DIRECTOR OF DEVELOPMENT. THE APPLICATIONS ARE REVIEWED BY THE DIRECTOR AND THE EXECUTIVE DIRECTOR. THOSE SELECTED FOR FURTHER CONSIDERATION ARE THEN FORWARDED TO AMS EXECUTIVE COMMITTEE FOR FINAL SELECTION. AWARD CHECKS MAY BE SENT DIRECTLY TO THE RECIPIENT OR TO THE EDUCATIONAL INSTITUTION THEY WILL ATTEND. X X X X 0 0 0 0 0 0 0 0 0 DR KEITH L SEITTER 219830 0 0 0 686 0 22389 0 18662 0 261567 0 0 0 DR JAMES BREY 158922 0 0 0 895 0 16200 0 18665 0 194682 0 0 0 DR WILLIAM HOOKE 178064 0 0 0 1951 0 17950 0 3575 0 201540 0 0 0 BARRY C MOHAN 159908 0 0 0 2468 0 17347 0 14459 0 194182 0 0 0 DR PAUL A HIGGINS 123951 0 0 0 91 0 12653 0 14286 0 150981 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE AMERICAN METEOROLOGICAL SOCIETY HAS APPROXIMATELY 14,000 MEMBERS. THE SOCIETY IS THE NATION'S LEADING SCIENTIFIC AND PROFESSIONAL SOCIETY FOR THOSE INVOLVED IN THE ATMOSPHERIC AND RELATED OCEANIC AND HYDROLOGIC SCIENCES. THE SOCIETY'S MEMBERSHIP IS MADE UP OF PROFESSIONALS, PROFESSORS, STUDENTS AND WEATHER ENTHUSIASTS INCLUDING MANY OF THE WORLD'S FOREMOST SCIENTISTS FROM INDUSTRY, ACADEMIA AND GOVERNMENT. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BOARD IS THE AMS COUNCIL. THIS BOARD CONSISTS OF 19 MEMBERS OF THE SOCIETY AND IS MADE UP OF THE PRESIDENT, THE PRESIDENT-ELECT, THE MOST RECENT PAST PRESIDENTS AND 15 COUNCILORS. THE TERM OF APPOINTMENT FOR COUNCILORS IS THREE YEARS. THE COUNCIL APPOINTS ONE OF THESE COUNCILORS EACH YEAR WHILE THE SOCIETY'S PROFESSIONAL MEMBERS (APPROXIMATELY 9000) ELECT FOUR NEW COUNCILORS EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B MEMBER APPROVAL IS REQUIRED FOR CHANGES TO THE AMS CONSTITUTION. WHILE OTHER DECISIONS OF THE COUNCIL ARE NOT SUBJECT TO MEMBER APPROVAL, THE MINUTES OF ALL MEETINGS ARE PUBLISHED IN THE BULLETIN OF THE AMERICAN METEOROLOGICAL SOCIETY. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY AUDITOR AND THEN REVIEWED BY THE EXECUTIVE DIRECTOR, CONTROLLER AND SECRETARY-TREASURER. FORM 990, PART VI, SECTION B, LINE 12C SELF DISCLOSURE, KNOWLEDGE OF EXECUTIVE DIRECTOR AND CONTROLLER WITH ALL BUSINESS MATTERS, DISCLOSURE TO ALL THOSE CHARGED WITH GOVERNANCE AND OFFICERS, EXECUTIVE DIRECTOR REVIEWS WITH ALL NEW DIRECTORS AND STAFF. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR - EXECUTIVE COMMITTEE DELIBERATES AND REVIEW OF COMPARABLE ORGANIZATIONS TOP MANAGEMENT & KEY EMPLOYEES - REVIEW OF COMPARABLE DATA AND WRITTEN DOCUMENTATION AND APPROVAL OF EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 PUBLICATION OF FINANCIAL STATEMENTS ON WEBSITE AND IN BULLETIN TO ALL MEMBERS AND UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON INTEREST RATE SWAP MORTGAGE AGREEMENT -54,580. BONUS DEPRECIATION ELECTION FOR THE YEAR ENDING DECEMBER 31, 2012 THE AMERICAN METEOROLOGICAL SOCIETY HEREBY ELECTS, PURSUANT TO IRC SEC. 168(K)(2)(D)(III), NOT TO CLAIM THE ADDITIONAL FIRST-YEAR BONUS DEPRECIATION ALLOWABLE UNDER SEC. 168(K) FOR THE QUALIFYING PROPERTY PLACED IN SERVICE DURING THE TAX YEAR ENDING DECEMBER 31, 2012: ALL PROPERTY IN THE 5 YEAR CLASS. ALL PROPERTY IN THE 7 YEAR CLASS. ALL PROPERTY IN THE 10 YEAR CLASS. ALL PROPERTY IN THE 15 YEAR CLASS. ALL PROPERTY IN THE 39 YEAR CLASS. SEE ATTACHED 4562.