2013-10-08T09:21:21-05:00 2012-12-31 521446779 JOHNSON LAMBERT LLP 700 SPRING FOREST RD STE 115 RALEIGH NC 27609 990 2012-01-01 237451693 NATIONAL AUTOMATED CLEARING HOUSE ASSOCIATION NATI 7035611100 13450 SUNRISE VALLEY DRIVE NO 100 HERNDON VA 20171 JANET O ESTEP 7035611100 2013-10-04 1 JOHN HUSKINS P01081531 9197196400 2013-10-07 2012 2016-02-24 21:20:13Z NACHA-THE ELECTRONIC PAYMENTS ASSOCIATION JANET O ESTEP 13450 SUNRISE VALLEY DRIVE NO 100 HERNDON VA 20171 16504664 0 X WWW.NACHA.ORG X 1974 DE PROMOTE THE DEVELOPMENT OF ELECTRONIC SOLUTIONS THAT IMPROVE THE PAYMENT SYSTEM FOR THE BENEFIT OF ITS MEMBERS AND THEIR CUSTOMERS. 19 19 80 0 0 0 0 0 14121753 14293967 -5738 12784 1727358 1715097 15843373 16021848 0 0 0 0 8534744 8919817 0 0 0 6507691 6032577 15042435 14952394 800938 1069454 13372102 13573470 6710509 5848330 6661593 7725140 X NACHA'S MISSION IS TO PROMOTE THE DEVELOPMENT OF ELECTRONIC SOLUTIONS THAT IMPROVE THE PAYMENT SYSTEM FOR THE BENEFIT OF ITS MEMBERS AND THEIR CUSTOMERS. 0 0 ACH NETWORK ADMINISTRATOR-PRIVATE SECTOR RULEMAKING BODY FOR THE ACH NETWORK WHICH ENABLES THE SETTLEMENT OF ELECTRONIC PAYMENTS AMONGST MORE THAN 12,750 PARTICIPATING FINANCIAL INSTITUTIONS. RISK MANAGEMENT, RULES ENFORCEMENT, NETWORK ADVOCACY AND DEVELOPMENT OF ELECTRONIC SOLUTIONS IS ALSO INCLUDED WITHIN THE PROGRAM SERVICES AS ADMINISTRATOR FOR THE ACH NETWORK. NACHA ANNUAL PAYMENTS CONFERENCE-NATIONAL EDUCATIONAL PROGRAM WITH OVER 2,000 PARTICIPANTS, WHICH PROVIDE INFORMATION ABOUT THE LATEST OPERATIONS/MARKETING INNOVATIONS IN THE ACH NETWORK AND ELECTRONIC PAYMENTS. PUBLICATIONS - SALE OF THE NACHA OPERATING RULES AND GUIDELINES AND OVER 200 OTHER PUBLICATIONS ON ELECTRONIC PAYMENTS 4. EDUCATION & TRAINING PROGRAM5. COUNCIL PROGRAMS6. ACCREDITED ACH PROFESSIONAL PROGRAM7. INDUSTRY/ASSOCIATION RELATIONS 0 0 0 1 0 0 0 0 0 1 0 0 1 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 1 11 0 1 80 1 0 0 0 0 1 1 0 X 19 19 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X PAMELA B MOORE 7035611100 13450 SUNRISE VALLEY DRIVE NO 100 HERNDON VA 20171 PAT THELEN 2.00 X X 0 0 0 CHRYSTINA M GIORGIO 2.00 X X 0 0 0 RUSSELL K OATMAN 2.00 X X 0 0 0 MARY BURCHETTE 2.00 X 0 0 0 FRED LAING II 2.00 X 0 0 0 DAVE WILLIS 2.00 X 0 0 0 JOHN E LUCAS 2.00 X 0 0 0 CHET KIMMELL 2.00 X 0 0 0 JUDY D LONG 2.00 X 0 0 0 DENNIS SIMMONS 2.00 X 0 0 0 CYNTHIA E MURRAY 2.00 X 0 0 0 ELLIOT H BERMAN 2.00 X 0 0 0 ROBERT D EDWARDS 2.00 X 0 0 0 COLLEEN J TAYLOR 2.00 X 0 0 0 KEITH K THEISEN 2.00 X 0 0 0 AMY L SMITH 2.00 X 0 0 0 WILLIAM J SHOCH 2.00 X 0 0 0 JANET C BOYST 2.00 X 0 0 0 RICK RHOADS 2.00 X 0 0 0 JANET O ESTEP 40.00 X 1259664 0 148875 PAMELA B MOORE 40.00 X 274262 0 16497 JANE LARIMER 40.00 X 465988 0 26808 SCOTT LANG 40.00 X 342279 0 27612 DEBORAH SHAW 40.00 X 223154 0 22461 MICHAEL HERD 40.00 X 233323 0 26756 GEORGE THROCKMORTON 40.00 X 205588 0 25585 SAMANTHA CARRIER 40.00 X 165365 0 19958 WILLIAM SULLIVAN 40.00 X 161261 0 11097 3330884 0 325649 23 0 1 0 NOVANTAS 485 LEXINGTON AVE 20 NEW YORK NY 10017 RESEARCH SERVICES 330866 SIDLEY AUSTIN BROWN & WOOD 1501 K STREET NW WASHINGTON DC 20005 LEGAL SERVICES 316838 AVECTRA 7901 JONES BRANCH DR STE 500 MCLEAN VA 22102 DATABASE SERVICES 291372 VISION LITHOGRAPHICS 9601 FALLARD TER UPPER MARLBORO MD 20772 PRINTING SERVICES 227670 O'KEEFE COMMUNICATIONS 4301 CONNECTICUT AVE STE 200 WASHINGTON DC 20008 EVENTS PRODUCTION SERVICES 202316 13 ACH ADMINISTRATIVE FEE 900099 6829062 6829062 MEMBER DUES 900099 3438720 3438720 CONFERENCES 900099 2943810 1791355 1152455 AAP PROGRAM 900099 562087 562087 EDUCATION AND TRAINING 611710 520288 513288 7000 14293967 15131 15131 342305 342305 2347 -2347 -2347 -2347 1448559 480469 968090 968090 SYSTEM OF FINES 900099 148750 148750 MISCELLANEOUS 900099 113569 89069 24500 PAY IT GREEN 900099 104533 104533 37850 37850 404702 16021848 14482804 0 1539044 2561985 5050594 335990 518685 452563 465176 81705 886638 1012196 337185 388803 487739 382008 1243403 458197 159486 BANK & CREDIT CARD FEES 104284 RESEARCH 97507 DUES & SUBSCRIPTIONS 80155 REBATES 52135 -204040 14952394 6864325 6415758 1077120 1169409 56721 82069 308413 406123 2731488 1755121 1156962 976367 3008006 3502099 900555 1021645 13372102 13573470 2614498 1920494 2536684 2450293 1559327 1477543 6710509 5848330 X 6661593 7725140 6661593 7725140 13372102 13573470 1069454 -5907 0 X 0 1 X 1 0 0 1 0 879279 663816 215463 811519 624974 186545 1040690 466331 574359 976367 ACCRUED INTEREST 732 DEFERRED COMPENSATION 981405 DEPOSITS AND OTHER ASSETS 39508 1021645 DEFERRED COMPENSATION PLAN OBLIGATION 1200636 DEFERRED RENT OBLIGATION 276907 1477543 X 16496410 -5907 480469 474562 16021848 0 16021848 15432863 480469 480469 14952394 0 14952394 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: MANAGEMENT HAS CONCLUDED THAT THE ASSOCIATION HAS MAINTAINED ITS EXEMPT STATUS AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS THROUGH DECEMBER 31, 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 480,469. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 480,469. X X X X 0 0 0 JANET O ESTEP 441000 0 816600 0 2064 0 135385 0 13490 0 1408539 0 300000 0 PAMELA B MOORE 197724 0 76000 0 538 0 15861 0 636 0 290759 0 0 0 JANE LARIMER 232637 0 233000 0 351 0 18639 0 8169 0 492796 0 0 0 SCOTT LANG 203741 0 138000 0 538 0 16342 0 11270 0 369891 0 0 0 DEBORAH SHAW 178303 0 44500 0 351 0 14292 0 8169 0 245615 0 0 0 MICHAEL HERD 172972 0 60000 0 351 0 13866 0 12890 0 260079 0 0 0 GEORGE THROCKMORTON 159237 0 46000 0 351 0 12767 0 12818 0 231173 0 0 0 SAMANTHA CARRIER 141131 0 24000 0 234 0 7068 0 12890 0 185323 0 0 0 WILLIAM SULLIVAN 130410 0 30500 0 351 0 10461 0 636 0 172358 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NACHA IS A TRADE ASSOCIATION. ITS BYLAWS INCLUDE THREE DISTINCT MEMBERSHIP CLASSES INCLUDING DIRECT FINANCIAL INSTITUTION MEMBER, REGIONAL PAYMENTS ASSOCIATION MEMBER AND COUNCIL MEMBERSHIPS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE CEO REVIEWS FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C NEW DIRECTORS ARE PROVIDED A COPY OF THE COI POLICY DURING BOARD ORIENTATION AND ARE REQUIRED TO COMPLETE A DISCLOSURE FORM OF ACTUAL OR POTENTIAL CONFLICTS. EACH DIRECTOR IS RESPONSIBLE FOR PROVIDING NOTICE TO THE CHAIRMAN IF A CONFLICT OF INTEREST ARISES. THE CHAIRPERSON, IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, CONSIDERS ALL DISCLOSURES OF OTHER INTERESTS TO DETERMINE WHETHER A DIRECTOR CAN BE UNBIASED AND OBJECTIVE WHEN PARTICIPATING IN THE NACHA DECISION MAKING PROCESS. PRIOR TO EACH BOARD MEETING, A COMPLETE DISCLOSURE IS MADE OF ALL BOARD MEMBERS' COI FILINGS, INCLUDING THE DATE OF THE LAST FILING AND ALL POTENTIAL AND ACTUAL CONFLICTS, BUSINESS AND OTHER. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT COMPENSATION COMMITTEE ANNUALLY REVIEWS AND APPROVES THE COMPENSATION OF THE CEO BASED ON PERFORMANCE AND INDEPENDENT COMPENSATION RESEARCH OF SIMILAR INDUSTRY, SIZE, SCOPE AND GEOGRAPHIC LOCATION. TOP MANAGEMENT AND KEY EMPLOYEE COMPENSATION IS APPROVED BY THE CEO BASED ON PERFORMANCE AND INDEPENDENT RESEARCH RELATIVE TO BOTH BANKING AND ASSOCIATION INDUSTRIES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST AS REQUIRED UNDER DISCLOSURE REQUIREMENTS OF A 501(C)6