2013-10-23T07:14:51-05:00 2012-12-31 420714325 MCGLADREY LLP 8000 TOWERS CRESCENT DR STE 500 VIENNA VA 221826205 990 2012-01-01 522036929 AMERICAN BUS ASSOCIATION FOUNDATION AMER 2028421645 111 K STREET NE 9TH FLOOR WASHINGTON DC 200028110 PETER J PANTUSO 2028421645 2013-10-22 1 YONG ZHANG CPA P01249785 7033366400 2012 2016-02-24 21:20:13Z PETER J PANTUSO 111 K STREET NE 9TH FLOOR WASHINGTON DC 200028110 1381563 0 X WWW.BUSES.ORG X 1997 DC THE ABA FOUNDATION IS ESTABLISHED FOR EDUCATIONAL, SCIENTIFIC, AND CHARITABLE PURPOSES. IT PROVIDES SCHOLARSHIPS TO DESERVING STUDENTS THROUGH THE GEORGE T. SNYDER, JR. SCHOLARSHIP FUND. THE FOUNDATION ENHANCES THE QUALITY AND LEVEL OF PROFESSIONAL KNOWLEDGE AND SKILLS OF INTERCITY BUS OPERATORS, AND CONDUCTS RESEARCH AND DEVELOPS EDUCATIONAL PROGRAMS DESIGNED TO ENHANCE THE SAFETY AND EFFICIENCY OF THE INTERCITY BUS INDUSTRY. 15 14 0 20 0 0 736448 983253 0 0 81358 62274 155073 143263 972879 1188790 57500 57500 0 0 0 0 0 0 0 129283 130134 186783 187634 786096 1001156 3085810 4252231 26404 37114 3059406 4215117 THE ABA FOUNDATION MISSION IS TO ANSWER THE CALL TO SUPPORT THE INDUSTRY WITH RESEARCH AND SCHOLARSHIPS THAT BENEFIT THE ABA, POLICY-MAKERS, AND THE PUBLIC. 0 0 107104 57500 SCHOLARSHIP AWARDS - ABAF AWARDED TWENTY THREE SCHOLARSHIPS OF $2,500 EACH IN 2012 IN RESEARCH GRANTS. 107104 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 DC X ERIC BRADENDEL 2028421645 111 K STREET NE 9TH FLOOR WASHINGTON DC 200028110 MR DOUGLAS ANDERSON 1.00 1.00 X X 0 0 0 MR BERT ASKWITH 1.00 1.00 X X 0 0 0 MR PETER PANTUSO 1.00 39.00 X X 0 357791 35153 MR GAETAN BOLDUC 1.00 1.00 X X 0 0 0 MR EUGENE BERARDI JR 1.00 1.00 X 0 0 0 MR BRENDA BORWEGE 1.00 X 0 0 0 MR BRYAN COLE 1.00 1.00 X 0 0 0 MR RONALD ERYE 1.00 1.00 X 0 0 0 MS SARA HAMLIN 1.00 1.00 X 0 0 0 MR FRANK HENRY 1.00 1.00 X 0 0 0 MR TOM JEBRAN 1.00 1.00 X 0 0 0 MS CARMEN MCCLOUD 1.00 X 0 0 0 MS COLLEEN MILLER 1.00 X 0 0 0 MR KARL WEBB 1.00 X 0 0 0 MR PATRICK SCULLY 1.00 1.00 X 0 0 0 0 357791 35153 0 0 1 0 0 36241 3675 943337 983253 39512 39512 189459 166697 22762 22762 22762 169339 3675 26076 143263 143263 1188790 0 0 205537 57500 57500 80 80 8350 8350 8759 8759 13049 13049 14064 14064 10421 10421 122 122 13360 13360 9313 9313 RESEARCH 49604 49604 TEMPORARY HELP 2107 2107 MISCELLANEOUS 905 905 187634 107104 80530 0 34553 615235 119153 56564 1029227 1347585 3290 15554 1898377 2168938 1210 48355 3085810 4252231 2950 25095 27390 1309 6774 26404 37114 X 906751 1108703 2152655 3106414 3059406 4215117 3085810 4252231 1001156 154555 0 X X 0 1 X 1 0 X 158289 155716 639977 736448 983253 2673683 158289 155716 639977 736448 983253 2673683 823608 1850075 31453 28266 28947 34380 39512 162558 24691 237 24928 2861169 797407 0.64660 0.64240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 AMOUNTS DUE TO AMERICAN BUS ASSOCIATION 6774 6774 X 1360662 154555 26076 180631 1180031 8759 8759 1188790 204951 26076 26076 178875 8759 8759 187634 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME, WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE FOUNDATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR DECEMBER 31, 2012. THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH 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 FOUNDATION 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 BY 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 PERCENT 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 FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISION OF THIS GUIDANCE. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2009. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON LINE 8B 26,076. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON LINE 8B 26,076. SILENT AUCTION 53867 53867 10240 LIVE AUCTION 50400 50400 2150 2 68747 3675 65072 13686 173014 3675 169339 26076 26076 143263 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIP AWARD PAYMENTS ARE MADE PAYABLE DIRECTLY TO THE UNIVERSITY THAT THE STUDENT WILL ATTEND. 0 0 0 0 0 0 0 0 0 MR PETER PANTUSO 0 315312 0 42479 0 0 0 30000 0 5153 0 392944 0 0 FORM 990, PART VI, SECTION B, LINE 11 ABA FOUNDATION DOES NOT PROVIDE A COPY OF THE FULL FORM 990 TO ITS BOARD FOR REVIEW PRIOR TO FILLING. ABA FOUNDATION HAS QUARTERLY BOARD MEETINGS AND PROVIDES ACCESS TO ALL OF THE INFORMATION THAT IS INCORPORATED INTO THE FINAL FORM 990 INCLUDING SUCH INFORMATION AS EMPLOYEE COMPENSATION, INSURANCE POLICIES, AND AUDITED FINANCIAL STATEMENTS AT EACH MEETING. THE BOARD HAS FULL ACCESS TO THE FINAL FORM 990 FOLLOWING ITS FILING AS DOES EVERY MEMBER OF THE PUBLIC. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REMINDED OF THE CONFLICT OF INTEREST IN PLACE AT THE ORGANIZATION AND ARE REQUIRED TO DISCLOSE OF ANY POTENTIAL CONFLICTS DURING BOARD MEETINGS HELD THREE TIMES PER YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. COMPENSATION METHODOLOGY FORM 990, PART VII AND SCHEDULE J AMERICAN BUS ASSOCIATION FOUNDATION DOES NOT COMPENSATE ANYONE SHOWN IN PART VII OF THE FORM 990 OR SCHEDULE J, PART II. THE COMPENSATION SHOWN IN THESE SECTIONS IS PAID BY THE AMERICAN BUS ASSOCIATION, THE FOUNDATION'S RELATED ORGANIZATION. THE FOUNDATION RELIES ON THE COMPENSATION DETERMINATION METHODOLOGY OF THE AMERICAN BUS ASSOCIATION. THE FOLLOWING IS THE COMPENSATION METHODOLOGY USED BY AMERICAN BUS ASSOCIATION: ON AVERAGE A COMPENSATION CONSULTANT IS HIRED EVERY TWO YEARS TO PERFORM A COMPENSATION SCHEDULE TO DETERMINE IF WHAT THE ASSOCIATION IS PAYING IS COMPETITIVE. THE EXECUTIVE COMMITTEE REVIEWS THE OUTCOME TO DETERMINE IF ADJUSTMENTS ARE REQUIRED. AMERICAN BUS ASSOCIATION 111 K STREET NE 9TH FLOOR WASHINGTON DC 20002 530114680 TO REPRESENT THE U.S. BUS INDUSTRY DC 501(C)(6) N/A 0 NATIONAL BUS TRAFFIC ASSOCIATION 111 K STREET NE 9TH FLOOR WASHINGTON DC 20002 361521425 PROVIDE INTERLINE REVENUE CLEARINGHOUSE FOR MEMBER COMPANIES WHO (CONTINUED) DC 501(C)(6) AMERICAN BUS ASSOCIATION 0 BUSES LLC 111 K STREET NE 9TH FLOOR WASHINGTON DC 20002 651316741 PUBLICATIONS DC C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 SCHEDULE R, PART II, ENTITY #2, COLUMN B (CONTINUED) PERFORM SCHEDULED SERVICE IN NORTH AMERICA IN ORDER TO FACILITATE THE TRANSPORATION OF THE PUBLIC.