2013-11-14T11:07:14-06:00 2012-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2012-01-01 366066976 AMERICAN PRODUCTION AND INVENTORY CONTROL SOCIETY INC AMER 7738671777 8430 W BRYN MAWR AVENUE NO 1000 CHICAGO IL 60631 JEFFREY ZETTEK 7738671777 2013-11-13 1 LU ANN TRAPP P01506476 3122071040 2013-11-07 2012 2016-02-25 16:41:14Z APICS JEFFREY ZETTEK 8430 W BRYN MAWR AVENUE NO 1000 CHICAGO IL 60631 28853794 0 X WWW.APICS.ORG X 1957 IN APICS BUILDS KNOWLEDGE AND SKILLS IN OPERATIONS AND SUPPLY CHAIN PROFESSIONALS. 17 17 90 1000 485347 47072 0 0 15998477 16989833 -20264 384770 4675532 4871589 20653745 22246192 0 0 0 0 6956647 7571220 0 0 0 10834806 11388163 17791453 18959383 2862292 3286809 11217925 14906344 6024580 6224833 5193345 8681511 APICS BUILDS KNOWLEDGE AND SKILLS IN OPERATIONS MANAGEMENT PROFESSIONALS TO ENHANCE AND VALIDATE ABILITIES AND ACCELERATE CAREERS. WE HELP OUR MEMBERS AND THEIR ORGANIZATIONS SUCCESSFULLY COMPETE AND BUILD A STRONGER GLOBAL ECONOMY. 0 0 PROVIDE TO OVER 36,443 MEMBERS: CONFERENCES, WORKSHOPS, PUBLICATION, CERTIFICATION, AND CONTINUING EDUCATION TO ASSIST IN THE PROMOTION, DEVELOPMENT, AND IMPROVEMENT OF MANAGERIAL TECHNIQUES IN THE PRODUCTION AND INVENTORY FIELDS. 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 125 0 1 90 1 1 1 0 0 0 1 1 0 X 17 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 7738671777 8430 W BRYN MAWR AVENUE NO 1000 CHICAGO IL 60631 MARC HARRIS 10.00 X X 0 0 0 ROBERT BOYLE 10.00 X X 0 0 0 MONDHER BEN-HAMIDA 10.00 X X 0 0 0 TAMMY WILLIAMS 10.00 X 0 0 0 LUIS BARCON 10.00 X 0 0 0 WILLIAM BICKERT 10.00 X 0 0 0 NORMAN CARMICHAEL 10.00 X 0 0 0 BINTONG CHEN 10.00 X 0 0 0 RICK DONAHOUE 10.00 X 0 0 0 PAUL HOWATT 10.00 X 0 0 0 VADIM KAPUSTIN 10.00 X 0 0 0 JERRY KILTY 10.00 X 0 0 0 AL KEUBLER 10.00 X 0 0 0 MERRI RICH 10.00 X 0 0 0 DANA RIESS 10.00 X 0 0 0 DAVID RIVERS 10.00 X 0 0 0 JASON WHEELER 10.00 X 0 0 0 ABE ESHKENAZI 40.00 X 506949 0 55482 JEFFREY ZETTEK 40.00 X 68148 0 1113 SHARON RICE 40.00 X 178427 0 8979 DOMINIC LONGO 40.00 X 207964 0 29826 DEAN MARTINEZ 40.00 X 166097 0 31843 JOSHUA MEYERS 40.00 X 135402 0 27363 LISA SALLSTROM 40.00 X 125506 0 8368 PATRICK HURLEY 40.00 X 124654 0 29822 1513147 0 192796 14 0 1 0 ACT PO BOX 4072 IOWA CITY IA 52243 PAPER AND PENCIL TESTING SERVICES 951425 BRIGHT KEY 9050 JUNCTION DRIVE ANNAPOLIS JUNCTION MD 207011150 PROCESSING SERVICES 209555 SCHER PROGRESSION PO BOX 646 OLNEY MD 20830 CONSULTING SERVICES 131236 PENTON MEDIA 24652 NETWORK PLACE CHICAGO IL 60673 MARKETING SERVICES 122830 ARNAUTS & PARTNERS 2530 BOECHOUT BOECHOUT BE CONSULTING SERVICES 106428 6 CERTIFICATION 900099 7733151 7733151 MEMBERSHIP DUES 900099 4553490 4553490 PROGRAM FEES 900099 1944080 1705925 238155 CONFERENCE 900099 1813219 1813219 ALLIANCES 900099 358514 358514 587379 340187 247192 16989833 143543 143543 4679574 4438347 241227 241227 241227 7040844 2169255 4871589 4871589 22246192 21376075 485347 384770 X 819097 5165648 223594 858793 504088 95448 41440 33557 2423595 457764 1591170 782970 919493 1212641 10812 760286 84894 CERTIFICATION TESTS 2137708 BANK FEES 389918 TEMPORARY HELP 120760 UBI TAX 7061 318646 18959383 1773740 2789480 98668 144392 1728479 1704752 474028 336026 254678 281093 7663750 4853273 3396615 2810477 3357611 6716323 134106 123801 11217925 14906344 2249030 2654192 2159659 2281035 1615891 1289606 6024580 6224833 X 5167868 8656034 4477 4477 21000 21000 5193345 8681511 11217925 14906344 3286809 201357 0 X 0 1 X 1 0 25477 25477 25477 25477 25477 25477 25477 25477 25477 25477 0.00000 0.82600 0.17400 0 0 2886277 1264463 1621814 2608150 1986694 621456 2169323 1602116 567207 2810477 DEFERRED RENT 1228576 CAPITAL LEASE OBLIGATION 61030 1289606 X 24616804 201357 2169255 2370612 22246192 0 22246192 21128638 2169255 2169255 18959383 0 18959383 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ASSOCIATION'S ENDOWMENT CONSISTS OF TWO INDIVIDUAL DONOR-RESTRICTED FUNDS ESTABLISHED TO HELP SUPPORT THE ASSOCIATION'S SCHOLARSHIP PROGRAM. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIREMENT MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATE AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2012 AND 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2009. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF PUBLICATIONS SOLD 2,169,255. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF PUBLICATIONS SOLD 2,169,255. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CERTIFICATION TESTING 368981 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CERTIFICATION TESTING 350532 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CERTIFICATION TESTING 9225 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CERTIFICATION TESTING 27674 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES CERTIFICATION TESTING 129143 SOUTH AMERICA 0 0 PROGRAM SERVICES CERTIFICATION TESTING 36898 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES INTERNATIONAL MEMBERSHIP DUES REVENUE 3431 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES INTERNATIONAL MEMBERSHIP DUES REVENUE 109270 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES INTERNATIONAL MEMBERSHIP DUES REVENUE 106428 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS INVESTMENT IN FOREIGN HEDGE FUND 106125 0 0 0 0 0 0 1035154 212553 1247707 0 0 0 0 1 0 X 0 0 X X X X 0 1 0 ABE ESHKENAZI 421805 0 85144 0 0 0 31000 0 24482 0 562431 0 0 0 SHARON RICE 169927 0 8500 0 0 0 0 0 8979 0 187406 0 0 0 DOMINIC LONGO 166834 0 41130 0 0 0 6147 0 23679 0 237790 0 0 0 DEAN MARTINEZ 157597 0 8500 0 0 0 8060 0 23783 0 197940 0 0 0 JOSHUA MEYERS 135402 0 0 0 0 0 0 0 27363 0 162765 0 0 0 PATRICK HURLEY 124654 0 0 0 0 0 6147 0 23675 0 154476 0 0 0 PART I, LINE 1A PER THE BOARD OPERATING PROCEDURES MANUAL, BOARD MEMBERS ARE ALLOWED TO BRING A SPOUSE OR COMPANION TO CERTAIN APPROVED MEETINGS OR CONFERENCES. THIS BENEFIT IS CONSIDERED A TAXABLE FRINGE BENEFIT. PART I, LINE 4B AN ANNUAL DISCRETIONARY CONTRIBUTION IS MADE ON THE CEO'S BEHALF UNDER CODE SECTION 457(F). THE AMOUNT IS MAINTAINED ON THE ASSOCIATION'S BOOKS IN A DESIGNATED ACCOUNT AND WILL REMAIN THE SOLE PROPERTY OF THE ASSOCIATION AND IS AVAILABLE TO SATISIFY THE CLAIMS OF ALL GENERAL CREDITORS OF THE ASSOCIATION. THE CEO SHALL HAVE A FULLY VESTED, NONFORFEITABLE INTEREST IN HIS DEFERRED COMPENSATION IF THE ASSOCIATION DISSOLVES OR IF HE (1) DIES, (2) BECOMES DISABLED, OR (3) IS TERMINATED FROM EMPLOYMENT FOR REASONS OTHER THAN FOR CAUSE. FORM 990, PART VI, SECTION A, LINE 6 ANY INDIVIDUAL MEMBER, INTERNATIONAL MEMBER AT LARGE OR CORPORATE MEMBER IS A VOTING MEMBER. ALL CONTESTED OFFICES SHALL BE VOTED ON BY THE MEMBERS ELIGIBLE TO VOTE AND BE RECEIVED BY AN INDEPENDENT TELLER FOR TALLY PER THE SOPS. FORM 990, PART VI, SECTION A, LINE 7A ANY INDIVIDUAL MEMBER, INTERNATIONAL MEMBER AT LARGE OR CORPORATE MEMBER IS A VOTING MEMBER. ALL CONTESTED OFFICES SHALL BE VOTED ON BY THE MEMBERS ELIGIBLE TO VOTE AND BE RECEIVED BY AN INDEPENDENT TELLER FOR TALL PER THE SOPS. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE GOVERNING BODY IS PROVIDED A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK QUESTIONS DIRECTLY TO ORGANIZATION MANAGEMENT OR THE CONTACT AT THE INDEPENDENT CPA FIRM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO BOARD OR COMMITTEE ACTION ON A TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. THE PERSON HAVING A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN DISCUSSION OF THE MATTER BY THE BOARD OR COMMITTEE EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. THE PERSON HAVING A CONFLICT OF INTEREST SHALL NOT VOTE ON MATTERS RELATING TO THE TRANSACTION. SUCH PERSON'S INELIGIBILITY SHALL BE REFLECTED IN MINUTES OF THE MEETING. IN THE EVENT IT IS UNCLEAR WHETHER A CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL WITH THE POTENTIAL CONFLICT SHALL DISCLOSE THE CIRCUMSTANCES TO APICS' PRESIDENT OR HIS/HER DESIGNEE, WHO SHALL DETERMINE WHETHER THERE EXISTS A CONFLICT OF INTEREST THAT IS SUBJECT TO THIS POLICY. IN MAKING THIS DETERMINATION, APICS' PRESIDENT OR HIS/HER DESIGNEE MAY SEEK THE ADVICE OF COUNSEL OR OTHER THIRD PARTIES. COVERED PERSONS WHO ARE NOT MEMBERS OF APICS' BOARD OF DIRECTORS OR WHO HAVE CONFLICT OF INTEREST WITH RESPECT TO A TRANSACTION THAT IS NOT THE SUBJECT OF BOARD OR COMMITTEE ACTION SHALL DISCLOSE SUCH CONFLICT TO APICS' PRESIDENT OR HIS/HER DESIGNEE. THE COVERED PERSON SHALL REFRAIN FROM ANY ACTION THAT MAY AFFECT APICS' PARTICIPATION IN SUCH TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A TO ENSURE THE HIGHEST LEVEL OF COMMUNICATION BETWEEN THE APICS BOARD OF DIRECTORS AND THE CHIEF EXECUTIVE OFFICER, REGULAR FORMAL PERFORMANCE EVALUATIONS WILL BE HELD AT LEAST ANNUALLY. THE LEADERSHIP TEAM REVIEWS COMPARABILITY DATA TO SET THE CEO COMPENSATION. FOR 2012, THE LEADERSHIP TEAM COMMISSIONED A CEO SALARY STUDY, USING AN OUTSIDE CONSULTANT TO REVIEW AND APPROVE THE CEO SALARY. THE FOLLOWING PROCESS HAS BEEN ESTABLISHED TO STANDARDIZE THE WAY IN WHICH THE LEADERSHIP TEAM DEVELOPS AND DELIVERS BOTH THE CHIEF EXECUTIVE OFFICER'S ANNUAL EVALUATION AND HIS/HER ANNUAL COMPENSATION: 1. THE CHAIR OF THE BOARD WILL PROVIDE A COPY OF THE CHIEF EXECUTIVE OFFICER'S CONTRACT TO EACH MEMBER OF THE LEADERSHIP TEAM AND EACH INCOMING MEMBER OF THE LEADERSHIP TEAM NO LATER THAN THE ANNUAL OCTOBER APICS BOARD OF DIRECTORS MEETING. 2. THE CHAIR OF THE BOARD SHALL PROVIDE A COPY OF THE CHIEF EXECUTIVE OFFICER'S ANNUAL GOALS TO THE LEADERSHIP TEAM AND EACH INCOMING MEMBER OF THE LEADERSHIP TEAM NO LATER THAN THE APICS BOARD OF DIRECTORS MEETING IN CONJUNCTION WITH THE ANNUAL CONFERENCE. 3. THE CHAIR OF THE BOARD SHALL ASK THE VOTING MEMBERS OF THE LEADERSHIP TEAM FOR INPUT ON THE CHIEF EXECUTIVE OFFICER'S PERFORMANCE AND COMPENSATION NO LATER THAN THREE MONTHS BEFORE THE CHIEF EXECUTIVE OFFICER'S ANNUAL REVIEW IS TO BE DELIVERED. 4. THE LEADERSHIP TEAM SHALL RESPOND TO THE CHAIR OF THE BOARD'S REQUEST WITHIN TWO WEEKS OF HIS/HER INITIAL REQUEST FOR INPUT TO THE CHIEF EXECUTIVE OFFICER'S EVALUATION. 5. THE CHAIR OF THE BOARD SHALL EVALUATE ALL INPUT FROM THE VOTING MEMBERS OF THE LEADERSHIP TEAM AND DEVELOP A SINGLE DOCUMENT THAT BEST SUPPORTS THE MAJORITY OPINION OF THE VOTING MEMBERS OF THE LEADERSHIP TEAM. THIS SUMMARY EVALUATION SHALL BE SUBMITTED TO THE VOTING MEMBERS OF THE LEADERSHIP TEAM FOR REVIEW WITHIN TWO WEEKS OF THE DATE ESTABLISHED ABOVE. THIS SUMMARY EVALUATION SHALL INCLUDE BOTH PERFORMANCE EVALUATION AND ANY COMPENSATION PACKAGE CHANGES SUGGESTED. 6. THE VOTING MEMBERS OF THE LEADERSHIP TEAM SHALL REVIEW THE SUMMARY PERFORMANCE EVALUATION PROVIDED BY THE CHAIR OF THE BOARD AND MAKE COMMENTS TO THE OTHER VOTING MEMBERS OF THE COMMITTEE. IF THERE DOES NOT SEEM TO BE A CONSENSUS OF THE VOTING MEMBERS OF THE LEADERSHIP TEAM, THE CHAIR OF THE BOARD SHALL SET UP A SPECIAL LEADERSHIP TEAM MEETING, CONFERENCE CALL, OR OTHER FORM OF COMMUNICATION SO THE VOTING MEMBERS OF THE COMMITTEE CAN COME TO A CONSENSUS. THIS SHALL HAPPEN WITHIN THREE WEEKS OF THE DATE IN ITEM #5 ABOVE. 7. ONCE CONSENSUS IS REACHED BY THE VOTING MEMBERS OF THE LEADERSHIP TEAM, THE CHAIR OF THE BOARD SHALL CONTACT THE CHIEF EXECUTIVE OFFICER, AND THE CHAIR OF THE BOARD AND THE CHAIR-ELECT SHALL, AT A MUTUALLY AGREED UPON TIME, PROVIDE HIM/HER WITH BOTH THE PERFORMANCE EVALUATION AND THE NEW COMPENSATION PACKAGE. 8. WITHIN 60 DAYS OF PROVIDING THE CHIEF EXECUTIVE OFFICER HIS/HER ANNUAL EVALUATION, THE LEADERSHIP TEAM SHALL ESTABLISH THE GOALS FOR THE CHIEF EXECUTIVE OFFICER FOR THE FOLLOWING YEAR. GENERALLY, THESE GOALS WOULD BE DEVELOPED ANNUALLY TO SUPPORT THE APICS FISCAL YEAR. IMPORTANT NOTE: ITEMS #3-6 ABOVE MAY BE COMBINED IN A SINGLE LEADERSHIP TEAM MEETING HELD BEFORE THE CHIEF EXECUTIVE OFFICER'S EVALUATION DATE. FOR ALL OTHER EMPLOYEES, APICS USES A FORMAL PERFORMANCE REVIEW SYSTEM, WHICH IS TIED TO THE ANNUAL SALARY INCREASE PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE NOT GENERALLY MADE AVAILABLE TO THE GENERAL PUBLIC, BUT IF REQUESTS FOR COPIES OF THESE DOCUMENTS WERE TO BE RECEIVED, THE ORGANIZATION WOULD CONSIDER MAKING THEM AVAILABLE TO THE REQUESTOR. OTHER FEES FORM 990, PART IX, LINE 11G CAREER SERVICES CONSULTANT SERVICES: TOTAL EXPENSES 48,000. BRIGHTKEY - CERTIFICATE MANAGEMENT: TOTAL EXPENSES 72,380. INTERNATIONAL BUSINESS CONSULTANTS: TOTAL EXPENSES 146,941. CORPORATE SERVICES SERVICES: TOTAL EXPENSES 635,459. COURSEWARE DEVELOPMENT SERVICES: TOTAL EXPENSES 233,038. IT CONSULTING: TOTAL EXPENSES 226,906. CERTIFICATION EXAM SERVICES: TOTAL EXPENSES 318,305. OTHER PROFESSIONAL SERVICES: TOTAL EXPENSES 742,566.