AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE (EIN 23-7190271)
Tax period
2011-07-01 to 2012-06-30
Filed
2012-12-18
IRS object ID
201203539349300130
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-12-18T15:03:43-06:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN420714325EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1MCGLADREY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line19737 WASHINGTONIAN BLVD 400AddressLine1
CityGAITHERSBURGCity
StateMDState
ZIP Code208787340ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN237190271EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1AMERICAN ASSOCIATION OF COLLEGES OFBusinessNameLine1
Business Name Line2OSTEOPATHIC MEDICINEBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlAMERNameControl
Phone3019684100Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line15550 FRIENDSHIP BOULEVARD NO 310AddressLine1
CityCHEVY CHASECity
StateMDState
ZIP Code208157231ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSTEPHEN C SHANNON DO MPHName
TitlePRES & CEOTitle
Phone3019684100Phone
Date Signed2012-12-18DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameWILLIAM E TURCO CPAName
PTINP00369217PTIN
Phone3012963600Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

FieldValueIRS element (for citing)
Business Name Line1AACOMBusinessNameLine1
FieldValueIRS element (for citing)
Name Of Principal Officer PersonSTEPHEN C SHANNONDOMPHNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line15550 FRIENDSHIP BOULEVARD NO 310AddressLine1
CityCHEVY CHASECity
StateMDState
ZIP Code208157231ZIPCode
FieldValueIRS element (for citing)
Gross Receipts10052231GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.AACOM.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1970YearFormation
State Legal DomicileILStateLegalDomicile
Activity Or Mission DescriptionTHE AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE (AACOM) PROMOTES EXCELLENCE IN OSTEOPATHIC MEDICAL EDUCATION, IN RESEARCH AND IN SERVICE, AND FOSTERS INNOVATION AND QUALITY AMONG OSTEOPATHIC MEDICAL COLLEGES TO IMPROVE THE HEALTH OF THE AMERICAN PUBLIC. FOUNDED IN 1898, AACOM REPRESENTS THE ADMINISTRATION, FACULTY AND STUDENTS OF ALL OF THE OSTEOPATHIC MEDICAL COLLEGES IN THE UNITED STATES. THE ASSOCIATION, GUIDED BY ITS BOARD OF DEANS AND VARIOUS OTHER MEMBER COUNCILS AND COMMITTEES, IS ACTIVELY INVOLVED IN ALL AREAS OF OSTEOPATHIC MEDICAL EDUCATION. NATIONAL-LEVEL SERVICES PROVIDED BY AACOM INCLUDE:A UNIFIED VOICE - AACOM SERVES AS THE UNIFYING VOICE FOR THE NATION'S COLLEGES OF OSTEOPATHIC MEDICINE, REPRESENTING THEIR COLLECTIVE INTERESTS THROUGH PROACTIVE ADVOCACY AT THE FEDERAL GOVERNMENT LEVEL AND COLLABORATION WITH OTHER ALLIED ORGANIZATIONS.ActivityOrMissionDescription
Nbr Voting Members Governing Body30NbrVotingMembersGoverningBody
Nbr Independent Voting Members30NbrIndependentVotingMembers
Total Nbr Employees37TotalNbrEmployees
Total Nbr Volunteers32TotalNbrVolunteers
Total Gross UBI22465TotalGrossUBI
Net Unrelated Business Txbl Income10818NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year29140ContributionsGrantsCurrentYear
Program Service Revenue Prior Year6606552ProgramServiceRevenuePriorYear
Program Service Revenue CY7228305ProgramServiceRevenueCY
Investment Income Prior Year619294InvestmentIncomePriorYear
Investment Income Current Year236580InvestmentIncomeCurrentYear
Other Revenue Prior Year44791OtherRevenuePriorYear
Other Revenue Current Year48981OtherRevenueCurrentYear
Total Revenue Prior Year7270637TotalRevenuePriorYear
Total Revenue Current Year7543006TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year53460GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY69281GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year3393819SalariesEtcPriorYear
Salaries Etc Current Year3569396SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year702TotalFundrsngExpCurrentYear
Other Expense Prior Year2430679OtherExpensePriorYear
Other Expenses Current Year2969148OtherExpensesCurrentYear
Total Expenses Prior Year5877958TotalExpensesPriorYear
Total Expenses Current Year6607825TotalExpensesCurrentYear
Revenues Less Expenses Prior Year1392679RevenuesLessExpensesPriorYear
Revenues Less Expenses CY935181RevenuesLessExpensesCY
Total Assets BOY14995265TotalAssetsBOY
Total Assets EOY16039997TotalAssetsEOY
Total Liabilities BOY3369430TotalLiabilitiesBOY
Total Liabilities EOY3645131TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY11625835NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY12394866NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTHE PRIMARY EXEMPT PURPOSE OF THE AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE (AACOM) IS THE ADVANCEMENT AND ENRICHMENT OF EDUCATION IN OSTEOPATHIC MEDICINE AND THE OSTEOPATHIC PROFESSION.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense1311646Expense
Revenue5991899Revenue
DescriptionCENTRALIZED STUDENT APPLICATION SERVICE - THE AACOM APPLICATION SERVICE (AACOMAS) PROCESSES APPLICATIONS FOR STUDENTS APPLYING TO U.S. OSTEOPATHIC MEDICAL COLLEGES. AACOMAS SIMPLIFIES THE APPLICATION PROCESS FOR STUDENT APPLICANTS, ALLOWING THEM TO APPLY TO SEVERAL MEDICAL SCHOOLS WITH A SINGLE COMMON APPLICATION. THE CENTRALIZED SERVICE ALSO STANDARDIZES AND SIMPLIFIES THE APPLICATION REVIEW PROCESS FOR AACOM MEMBER COLLEGES BY VERIFYING APPLICATION DATA. DURING FISCAL YEAR 2012, 25 COLLEGES AND 4 BRANCH CAMPUSES, AND APPROXIMATELY 15,176 STUDENT APPLICANTS, BENEFITED. AACOMAS WORKS TO DEVELOP AWARENESS ABOUT OSTEOPATHIC MEDICINE AMONG POTENTIAL MEDICAL SCHOOL APPLICANTS THROUGH RECRUITMENT PROGRAMS AND ACTIVITIES, AND SUPPORTS AND WORKS IN COLLABORATION WITH COLLEGE AND PROGRAM ADMISSIONS AND STUDENT SERVICES OFFICERS.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense759120Expense
Revenue1025Revenue
DescriptionOFFICE OF MEDICAL EDUCATION - THE AACOM OFFICE OF MEDICAL EDUCATION WORKS WITH THE MEMBER COLLEGES TO PROMOTE EXCELLENCE IN OSTEOPATHIC MEDICAL EDUCATION THROUGHOUT THE EDUCATIONAL CONTINUUM. THE DEPARTMENT DEVELOPS AND PROVIDES INFORMATION, RESOURCES AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR OSTEOPATHIC MEDICAL EDUCATORS, ADMINISTRATORS AND RESEARCHERS, AND PROMOTES COLLABORATION AMONG THESE KEY STAKEHOLDERS. THE DEPARTMENT ALSO PROVIDES GRANTS FOR MEDICAL EDUCATION RESEARCH AND INSTITUTIONAL RESEARCH, AND ADMINISTERS THE NATIONAL ACADEMY OF OSTEOPATHIC MEDICAL EDUCATORS, WHICH RECOGNIZES AND SUPPORTS ACADEMIC EXCELLENCE AND SCHOLARSHIP IN THE OSTEOPATHIC MEDICAL EDUCATION PROFESSION. DEPARTMENT STAFF SUPPORT AND WORK IN COLLABORATION WITH THE FACULTY, RESEARCHERS AND STUDENT LEADERS AT THE MEMBER COLLEGES.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense720536Expense
Revenue16694Revenue
DescriptionCOMMUNICATIONS AND MARKETING - AACOM'S DEPARTMENT OF COMMUNICATIONS AND MARKETING COMMUNICATES AND PROMOTES THE DISTINCTIVE CHARACTERISTICS AND BENEFITS OF OSTEOPATHIC MEDICAL EDUCATION TO THE MEDIA AND GENERAL PUBLIC THROUGH ELECTRONIC AND PRINT PUBLICATIONS, VIDEOS, THE WEBSITE, AND SOCIAL MEDIA OUTLETS. THE DEPARTMENT DEVELOPS AND DISTRIBUTES REGULAR COMMUNICATIONS REGARDING THE WORK OF THE ASSOCIATION, ITS MEMBER COLLEGES AND THE BROADER OSTEOPATHIC MEDICAL COMMUNITY, AND COORDINATES A VARIETY OF MEMBER ACTIVITIES, INCLUDING AN ANNUAL MEETING THAT ATTRACTED 500 PARTICIPANTS THIS YEAR, AND ANNUAL PUBLICATION OF THE COLLEGE INFORMATION BOOK, WHICH INCLUDES INFORMATION ABOUT ALL OF THE MEMBER COLLEGES. DEPARTMENT STAFF WORK IN COLLABORATION WITH THE PUBLIC RELATIONS, MARKETING, AND DEVELOPMENT AND ALUMNI RELATIONS PROFESSIONALS AT THE MEMBER COLLEGES.Description

Activity Other ActivityOther (7 entries)

ExpenseExpenseDescriptionDescriptionRevenueRevenueGrantsGrants
695841OFFICE OF GOVERNMENT RELATIONS - THE AACOM OFFICE OF GOVERNMENT RELATIONS REPRESENTS THE ASSOCIATION'S CONSTITUENTS TO CONGRESS AND FEDERAL POLICY MAKERS IN LEADING THE ASSOCIATION'S CONGRESSIONAL AND FEDERAL POLICY ADVOCACY EFFORTS. THE OFFICE KEEPS CONSTITUENTS REGULARLY INFORMED OF FEDERAL POLICY AND REGULATORY DEVELOPMENTS IN OSTEOPATHIC MEDICAL EDUCATION AND THE OSTEOPATHIC MEDICAL EDUCATION COMMUNITY, SENSITIZES POLICY MAKERS TO THE NEEDS OF STUDENTS AND OSTEOPATHIC MEDICAL EDUCATORS, AND WORKS IN CONCERT WITH VARIOUS NATIONAL ORGANIZATIONS AND COALITIONS TO INFLUENCE BOTH LEGISLATIVE AND REGULATORY ISSUES RELEVANT TO OSTEOPATHIC MEDICAL EDUCATION. GOVERNMENT RELATIONS STAFF SUPPORT AND WORK IN COLLABORATION WITH THE BOARD OF DEANS, GOVERNMENT RELATIONS REPRESENTATIVES, FINANCIAL AID OFFICERS AND STUDENT LEADERS AT THE COLLEGES.
508985RESEARCH - AACOM'S RESEARCH DEPARTMENT COLLECTS AND ANALYZES STATISTICAL AND OTHER DATA ON OSTEOPATHIC MEDICAL EDUCATION, INCLUDING DATA ON STUDENTS, FACULTY, CURRICULA AND SERVICE AT THE COLLEGES OF OSTEOPATHIC MEDICINE. THE DEPARTMENT PROVIDES THESE DATA TO THE MEMBER COLLEGES, HEALTH POLICY MAKERS, MEMBERS OF CONGRESS AND THE GENERAL PUBLIC.
219448ANNUAL MEETING257092
68281SCHOLARSHIPS AND RESEARCH GRANTS3010068281
85134COUNCIL OF STUDENT GOVERNMENT PRESIDENTS (COSGP)11432
79210OME BLUE RIBBON COMMISSION
25553OTHER MISCELLANEOUS PROJECTS
FieldValueIRS element (for citing)
Total Of Other Program Service Exp1682452TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt68281TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev298624TotalOfOtherProgramServiceRev
Total Program Service Expense4473754TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities1LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109621NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees37NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income1UnrelatedBusinessIncome
Form990-T Filed1Form990-TFiled
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members30NbrVotingGoverningBodyMembers
Number Independent Voting Members30NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledMDStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1JOHN E ROANE CHIEF OPERATING OFFICERBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number3019684144TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line15550 FRIENDSHIP BOULEVARD NO 310AddressLine1
CityCHEVY CHASECity
StateMDState
ZIP Code208157231ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (39 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationKey EmployeeKeyEmployeeHighest Compensated EmployeeHighestCompensatedEmployee
ANTHONY J SILVAGNI DO PHARMD
CHAIR3.00XX000
MARC B HAHN DO
VICE CHAIR3.00XX000
KENDALL REED DO
SECRETARY/TREASURER3.00XX000
CLINTON E ADAMS DO MPA
MEMBER-AT-LARGE2.00X000
THOMAS A SCANDALIS DO
MEMBER-AT-LARGE2.00X000
BOYD R BUSER DO
DIRECTOR1.00X000
JACK BROSE DO
ASSEMBLY OF PRES. CHAIR2.00X000
THOMAS A CAVALIERI DO
DIRECTOR1.00X000
MICHAEL B CLEARFIELD DO
DIRECTOR1.00X000
BRUCE D DUBIN DO JD
DIRECTOR1.00X000
PAUL EVANS DO
DIRECTOR1.00X000
SILVIA M FERRETTI DO
DIRECTOR1.00X000
ROBERT B GOLDBERG DO
DIRECTOR1.00X000
DARIN L HAUG DO
DIRECTOR1.00X000
JOHN M KAUFFMAN JR DO
DIRECTOR1.00X000
LORI A KEMPER DO MS
DIRECTOR1.00X000
CRAIG J LENZ DO
DIRECTOR1.00X000
DARRELL E LOVINS DO MPH
DIRECTOR1.00X000
THOMAS E MCWILLIAMS DO
DIRECTOR1.00X000
THOMAS MOHR DO
DIRECTOR1.00X000
KAREN J NICHOLS DO MA
DIRECTOR1.00X000
LORENZO L PENCE DO
DIRECTOR1.00X000
DON N PESKA DO
DIRECTOR1.00X000
ROBYN PHILLIPS-MADSON DO MPH
DIRECTOR1.00X000
KAYSE M SHRUM DO
DIRECTOR1.00X000
RAY E STOWERS DO
DIRECTOR1.00X000
WILLIAM D STRAMPEL DO
DIRECTOR1.00X000
JEFFREY A SUZEWITS DO MPH
DIRECTOR1.00X000
DIXIE TOOKE-RAWLINS DO
DIRECTOR1.00X000
KENNETH J VEIT DO MBA
DIRECTOR1.00X000
D KEITH WATSON DO
DIRECTOR1.00X000
MARGARET A WILSON DO
DIRECTOR1.00X000
STEPHEN C SHANNON DO MPH
PRESIDENT & CEO37.50X404561030444
NANCY C CIOFFARI
VP FIN/ADM/CFO37.50X210450030444
THOMAS LEVITAN MED
VP RES & APPL SVCS37.50174030030954X
WENDY FERNANDO
VP COMM & MKTNG37.50158899030444X
TYLER CYMET DO
ASSOCIATE VP MED EDUC37.50154352028244X
LINDA R HEUN PHD
VP MED EDUC37.50138638030444X
PAMELA A MURPHY MSW
DIRECTOR OF GOV'T RELATIONS37.50136088010806X
FieldValueIRS element (for citing)
Total Reportable Comp From Org1377018TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation191780TotalOtherCompensation
Number Individuals GT100 K7NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
INTERFOLIO INC
1900 L ST NWWASHINGTONDC20036APPLICATION SOFTWARE SUPPORT AND MAINTEN230000
AMERICAN TECHNOLOGY SERVICES INC
2751 PROSPERITY AVE 6TH FLRFAIRFAXVA22031TECHNOLOGY SUPPORT148604
CAVAROCCHI RUSCIO DENNIS LLC
600 MD AVE SW SUITE 835WWASHINGTONDC20024LOBBYING/LEGIS.132596
FieldValueIRS element (for citing)
Number Of Contractors GT100 K3NumberOfContractorsGT100K
All Other Contributions29140AllOtherContributions
Total Contributions29140TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenueExclusionExclusionAmount
STUDENT APPLICATION FE90009959918995991899
MEMBERSHIP DUES900099979314979314
ANNUAL MEETING9000992570921956557687$53,750
FieldValueIRS element (for citing)
Total Program Service Revenue7228305TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column233295TotalRevenueColumn
Exclusion$233,295ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities2512510Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities2509225Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities3285Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column3285TotalRevenueColumn
Exclusion$3,285ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnUnrelated Business RevenueUnrelatedBusinessRevenueExclusionExclusionAmount
OTHER INCOME90009934348145$34,203
JOB PLACEMENT ADVERTIS9000041463314633
FieldValueIRS element (for citing)
Total Other Revenue48981TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column7543006TotalRevenueColumn
Related Or Exempt Function Income7166868RelatedOrExemptFunctionIncome
Unrelated Business Revenue22465UnrelatedBusinessRevenue
Exclusion$324,533ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total69281Total
Program Services69281ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total1273667Total
Program Services695206ProgramServices
Management And General577759ManagementAndGeneral
Fundraising702Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total1712142Total
Program Services1386383ProgramServices
Management And General325759ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total135645Total
Program Services108322ProgramServices
Management And General27323ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total246343Total
Program Services311938ProgramServices
Management And General-65595ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total201599Total
Program Services150309ProgramServices
Management And General51290ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total174818Total
Program Services4894ProgramServices
Management And General169924ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total26000Total
Management And General26000ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total135896Total
Program Services135896ProgramServices

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total58088Total
Management And General58088ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total321536Total
Program Services128418ProgramServices
Management And General193118ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total44394Total
Program Services44394ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total127345Total
Program Services61026ProgramServices
Management And General66319ManagementAndGeneral

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total535286Total
Program Services270306ProgramServices
Management And General264980ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total453620Total
Program Services320402ProgramServices
Management And General133218ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total182874Total
Program Services100892ProgramServices
Management And General81982ManagementAndGeneral

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total380222Total
Program Services325262ProgramServices
Management And General54960ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total174635Total
Program Services78567ProgramServices
Management And General96068ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total25943Total
Management And General25943ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
CREDIT CARD SERVICES141384141384
DUES, MEMBERSHIPS AND S911065287238234
RECRUITMENT5447454474
MISCELLANEOUS EXPENSES21758137597999

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total19769Total
Program Services19769ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total6607825Total
Program Services4473754ProgramServices
Management And General2133369ManagementAndGeneral
Fundraising702Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY100BOY
EOY100EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY1384041BOY
EOY8220109EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY106288BOY
EOY34486EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY275619BOY
EOY400525EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis1809213LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec1172253LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY597574BOY
EOY636960EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY12122843BOY
EOY6164384EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY508800BOY
EOY583433EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY14995265BOY
EOY16039997EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY788599BOY
EOY555422EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY1770579BOY
EOY2233045EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY810252BOY
EOY856664EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY3369430BOY
EOY3645131EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY11530299BOY
EOY12299039EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY17762BOY
EOY18053EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY77774BOY
EOY77774EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY11625835BOY
EOY12394866EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY14995265BOY
EOY16039997EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses935181ReconcilationRevenueExpenses
Reconcilation Other Changes-166150ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years798787CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years860688CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years885108CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year953766CurrentTaxYearMinus1Year
Current Tax Year979314CurrentTaxYear
Total4477663Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years4204239CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years4639496CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years4930271CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year5680231CurrentTaxYearMinus1Year
Current Tax Year6278107CurrentTaxYear
Total25732344Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years5003026CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years5500184CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years5815379CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year6633997CurrentTaxYearMinus1Year
Current Tax Year7257421CurrentTaxYear
Total30210007Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total50930210007PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years409568CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years342832CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years298730CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year241164CurrentTaxYearMinus1Year
Current Tax Year233295CurrentTaxYear
Total1525589Total

Post1975 UBTI Post1975UBTI

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years607CurrentTaxYearMinus2Years
Total607Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years409568CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years342832CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years299337CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year241164CurrentTaxYearMinus1Year
Current Tax Year233295CurrentTaxYear
Total1526196Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years5412594CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years5843016CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years6114716CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year6875161CurrentTaxYearMinus1Year
Current Tax Year7490716CurrentTaxYear
Total31736203Total
FieldValueIRS element (for citing)
Public Support Percentage5090.95190PublicSupportPercentage509
Prior Year Support Percentage0.94260PriorYearSupportPercentage
Investment Income Percentage0.04810InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.05740PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbying

FieldValueIRS element (for citing)
Filing Organizations Totals4759FilingOrganizationsTotals

Total Direct Lobbying TotalDirectLobbying

FieldValueIRS element (for citing)
Filing Organizations Totals456736FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

FieldValueIRS element (for citing)
Filing Organizations Totals461495FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

FieldValueIRS element (for citing)
Filing Organizations Totals6135383FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

FieldValueIRS element (for citing)
Filing Organizations Totals6596878FilingOrganizationsTotals

Lobbying Nontaxable LobbyingNontaxableAmount

FieldValueIRS element (for citing)
Filing Organizations Totals479844FilingOrganizationsTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

FieldValueIRS element (for citing)
Filing Organizations Totals119961FilingOrganizationsTotals

Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx

FieldValueIRS element (for citing)
Filing Organizations Totals0FilingOrganizationsTotals

Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx

FieldValueIRS element (for citing)
Filing Organizations Totals0FilingOrganizationsTotals

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

FieldValueIRS element (for citing)
Current Year Minus3416204CurrentYearMinus3
Current Year Minus2433522CurrentYearMinus2
Current Year Minus1443898CurrentYearMinus1
Current Year479844CurrentYear
Total1773468Total
FieldValueIRS element (for citing)
Lobbying Ceiling$2,660,202LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

FieldValueIRS element (for citing)
Current Year Minus3289524CurrentYearMinus3
Current Year Minus2352663CurrentYearMinus2
Current Year Minus1405204CurrentYearMinus1
Current Year461495CurrentYear
Total1508886Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

FieldValueIRS element (for citing)
Current Year Minus3104051CurrentYearMinus3
Current Year Minus2108381CurrentYearMinus2
Current Year Minus1110975CurrentYearMinus1
Current Year119961CurrentYear
Total443368Total
FieldValueIRS element (for citing)
Grassroots Ceiling$665,052GrassrootsCeilingAmount

Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures

FieldValueIRS element (for citing)
Current Year Minus31612CurrentYearMinus3
Current Year Minus28872CurrentYearMinus2
Current Year Minus11125CurrentYearMinus1
Current Year4759CurrentYear
Total16368Total

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance6997008BeginningOfYearBalance
Contributions1927863Contributions
Investment Earnings Or Losses960InvestmentEarningsOrLosses
Grants Or Scholarships669GrantsOrScholarships
Other Expenditures996873OtherExpenditures
End Of Year Balance7928289EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance6352585BeginningOfYearBalance
Contributions907273Contributions
Investment Earnings Or Losses1724InvestmentEarningsOrLosses
Other Expenditures264574OtherExpenditures
End Of Year Balance6997008EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance7387614BeginningOfYearBalance
Contributions716559Contributions
Investment Earnings Or Losses4002InvestmentEarningsOrLosses
Grants Or Scholarships7032GrantsOrScholarships
Other Expenditures1748558OtherExpenditures
End Of Year Balance6352585EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance7437670BeginningOfYearBalance
Contributions791213Contributions
Investment Earnings Or Losses5164InvestmentEarningsOrLosses
Grants Or Scholarships13000GrantsOrScholarships
Other Expenditures833433OtherExpenditures
End Of Year Balance7387614EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.98640BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.01110PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.00250TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis739639OtherCostOrOtherBasis
Depreciation359186Depreciation
Book Value380453BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis525596OtherCostOrOtherBasis
Depreciation457004Depreciation
Book Value68592BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis543978OtherCostOrOtherBasis
Depreciation356063Depreciation
Book Value187915BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings636960TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
DEFERRED COMPENSATION$583,433
DEFERRED RENT$273,231
FieldValueIRS element (for citing)
Total Of Amounts856664TotalOfAmounts
Total Revenue7543006TotalRevenue
Total Expenses6607825TotalExpenses
Excess Or Deficit For Year935181ExcessOrDeficitForYear
Net Unrealized GL On Investments-166150NetUnrealizedGLOnInvestments
Total Adjustments-166150TotalAdjustments
Excess Or Deficit Per FS769031ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt7318768TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-166150NetUnrealizedGainsInvestments
Revenue Not Rptd F990-166150RevenueNotRptdF990
Revenue Subtotal7484918RevenueSubtotal
Investment Expenses Not Included58088InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt58088RevenueNotRptdOnFinStmt
Total Revenue Per Form9907543006TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt6549737TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal6549737ExpensesSubtotal
Investment Expenses Not Included258088InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt58088ExpensesNotRptdOnFinStmt
Total Expenses Per Form9906607825TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:PART V, LINE 4:AACOM HAS DESIGNATED CERTAIN NET ASSETS FOR SPECIFIC PURPOSES. AMOUNTS DESIGNATED MAY BE EXTENDED, ADJUSTED, OR RE-DESIGNATED AT THE DISCRETION OF THE BOARD OF DEANS. IN DECEMBER 2004, AACOM IMPLEMENTED ITS RESERVE LEVEL AND SPENDING POLICIES BY REALLOCATING FUNDS FROM THE GENERAL FUND TO A BOARD DESIGNATED RESERVE FUND, A PROJECT CONTINGENCY FUND, AND AN OPERATING CONTINGENCY FUND IN ACCORDANCE WITH THE POLICY GUIDELINES. PERMANENTLY RESTRICTED FUNDS OF $77,774 AT JUNE 30, 2012 AND 2011, ARE COMPRISED OF THE SHERRY R. ARNSTEIN MINORITY STUDENT SCHOLARSHIP FUND, WHICH ASSISTS MINORITY STUDENTS AT MEMBER COLLEGES. THE INCOME EARNED ON THE PERMANENTLY RESTRICTED FUNDS IS TEMPORARILY RESTRICTED FOR SCHOLARSHIPS.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X:AACOM IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, AACOM QUALIFIES FOR CHARITABLE CONTRIBUTIONS DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. BUSINESS INCOME, WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. AACOM HAD NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2012 AND 2011, FOR WHICH IT PAID $4,392 AND $20 IN INCOME TAXES, RESPECTIVELY. ON JULY 1, 2009, AACOM ADOPTED 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, AACOM 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 ON 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. AACOM IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS, AND THEREFORE, NO TAX LIABILITIES HAVE BEEN RECORDED AS OF JUNE 30, 2012, OR ANY RELATED INTEREST AND PENALTIES INCLUDED IN THE BALANCE SHEETS OR STATEMENTS OF ACTIVITIES. GENERALLY, AACOM IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR MARYLAND TAX AUTHORITIES FOR YEARS BEFORE 2009.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrant
MINORITY STUDENT SCHOLARSHIPS410000
GRANTS TO RESEARCHERS858281
STUDENT DO AWARD/SCHOLARSHIP11000

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: QUARTERLY PROJECT PROGRESS AND FINANCIAL REPORTS ARE REQUIRED FOR THE 18 MONTH MEDICAL EDUCATION AND INSTITUTIONAL RESEARCH GRANTS. A FINAL PROJECT SUMMARY IS REQUIRED TO BE SUBMITTED TO AACOM AT THE END OF THE GRANT PERIOD. THE MINORITY STUDENT SCHOLARSHIP IS MADE ANNUALLY TO UNDERPREPRESENTED MINORITY STUDENTS AT AN AACOM MEMBER COLLEGE OF OSTEOPATHIC MEDICINE. FOUR SCHOLARSHIPS OF $2,500 EACH WERE AWARDED DURING THE 2012 FISCAL YEAR. APPLICANTS FOR THE SCHOLARSHIP MUST BE UNDERREPRESENTED MINORITY STUDENTS ENROLLED AND IN GOOD STANDING ACADEMICALLY AT AN AACOM MEMBER COLLEGE OF OSTEOPATHIC MEDICINE. THE DEFINITION OF AN "UNDERREPRESENTED MINORITY GROUP" WILL BE THE FEDERAL GOVERNMENT'S CURRENT DEFINITION. ALL UNDERREPRESENTED MINORITY STUDENTS WILL BE ENCOURAGED TO SUBMIT A 750 WORD ESSAY ON (1) WHAT OSTEOPATHIC MEDICAL SCHOOLS MIGHT DO TO RECRUIT/RETAIN MORE UNDERREPRESENTED MINORITY STUDENTS; (2) WHAT THE APPLICANT PERSONALLY PLANS TO DO AS A STUDENT AND AS A FUTURE D.O. TO HELP INCREASE MINORITY STUDENT ENROLLMENT AT A COLLEGE OF OSTEOPATHIC MEDICINE; AND (3) HOW AND WHY THE APPLICANT WAS DRAWN TO OSTEOPATHIC MEDICINE. ESSAYS RECEIVED WILL BE REVIEWED BY THE AACOM SENIOR STAFF OR A TASK FORCE WHO WILL SELECT THE BEST ESSAYS. THE SELECTED ESSAYS WILL BE FORWARDED TO THE BOARD OF DEANS OR THE TASK FORCE ON MINORITY AFFAIRS, WHICH WILL SELECT THE WINNING ESSAY (OR ESSAYS) AND NOTIFY THE WINNER'S SCHOOL(S) OF THE SCHOLARSHIP.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Idemnification Gross Up PaymentsXIdemnificationGrossUpPayments
Club Dues Or FeesXClubDuesOrFees
Written Policy Re T And E Expenses1WrittenPolicyReTAndEExpenses
Substantiation Required1SubstantiationRequired
Compensation CommitteeXCompensationCommittee
Independent ConsultantXIndependentConsultant
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
STEPHEN C SHANNON DO MPH
3745990183330116290220000128920439453000
NANCY C CIOFFARI
20219706500017530220000138170246267000
THOMAS LEVITAN MED
16849104500010390220000134820209512000
WENDY FERNANDO
1546050400002940220000137580194657000
TYLER CYMET DO
1503070350005450165000159570186809000
LINDA R HEUN PHD
1344390350006990220000118600172498000

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
Return ReferencePART I, LINE 1AReturnReference
ExplanationFICA GROSS-UP PAYMENT FOR HOLIDAY AND OTHER GIFT CERTIFICATES GIVEN TO EMPLOYEES STEPHEN C. SHANNON, DO, MPH, AIRLINE CLUB DUES, $375, TAXABLE, CAR ALLOWANCE, $7,800, TAXABLE TYLER CYMET, DO, HEALTH CLUB DUES, $344, TAXABLEExplanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
ORGANIZATION'S MISSIONPAGE 1, PART I, LINE 1(CONT.) INNOVATION, COLLABORATION AND COMMUNITY - AACOM WORKS TO FOSTER COLLABORATION AND INNOVATION AMONG ITS MEMBER COLLEGES IN NUMEROUS AREAS INCLUDING ADMINISTRATION, EDUCATION, RESEARCH AND SERVICE. CENTRALIZED SERVICES - AACOM PROVIDES CENTRALIZED SERVICES INCLUDING DATA COLLECTION AND ANALYSIS AND OPERATION OF AACOMAS, THE NATION'S ONLINE APPLICATION SERVICE FOR STUDENTS APPLYING TO U.S. OSTEOPATHIC MEDICAL SCHOOLS. ENHANCED AWARENESS - AACOM DEVELOPS NATIONAL INITIATIVES TO PROMOTE AND RAISE AWARENESS OF OSTEOPATHIC MEDICAL EDUCATION AND OSTEOPATHIC MEDICINE.
FORM 990, PART VI, SECTION A, LINE 6THE MEMBERS OF THE AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE (AACOM) CONSIST OF COLLEGES OF OSTEOPATHIC MEDICINE WHICH ARE PROVISIONALLY OR FULLY ACCREDITED BY THE AMERICAN OSTEOPATHIC ASSOCIATION COMMISSION ON OSTEOPATHIC COLLEGE ACCREDITATION AND WHO ARE ELECTED TO COLLEGE MEMBERSHIP BY A MAJORITY VOTE OF THE BOARD OF DEANS. THE BOARD OF DEANS IS THE GOVERNING BODY WHICH DETERMINES THE POLICIES AND MANAGES THE AFFAIRS AND ACTIVITIES OF AACOM.
FORM 990, PART VI, SECTION B, LINE 11THE VP FOR FIN & ADMIN/CFO ASSISTS THE TAX PREPARER IN PROVIDING INFORMATION FOR THE 990. THE DRAFT IS REVIEWED BY THE VP, AND THEN PRESENTED FOR REVIEW DURING A MEETING OF THE AUDIT COMMITTEE. IT IS POSSIBLE THE AUDIT COMMITTEE WILL SUGGEST CHANGES. THE AUDIT COMMITTEE CHAIR THEN REPORTS ON THE 990 TO THE EXECUTIVE COMMITTEE. EITHER BEFORE OR AFTER THE AUDIT COMMITTEE CHAIR REPORTS TO THE EXECUTIVE COMMITTEE, BASED ON TIMING, THE BOARD OF DEANS IS INFORMED THAT THE 990 IS AVAILABLE FOR REVIEW ON A SECURE SITE ON AACOM'S WEBSITE. THIS IS DONE PRIOR TO FILING THE 990 WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS COMPLETE AN INQUIRY/ACTION FORM ANNUALLY WHERE POTENTIAL CONFLICTS OF INTEREST ARE REPORTED. PERCEIVED OR ACTUAL CONFLICTS OF INTEREST ARE ADDRESSED WITH BOARD MEMBERS BY THE ETHICS COMMITTEE CHAIR. ETHICS COMMITTEE MEETINGS ARE HELD TO REVIEW ANY POTENTIAL CONFLICTS OF INTEREST BROUGHT TO THE ATTENTION OF THE ETHICS COMMITTEE BY THE ETHICS COMMITTEE CHAIR. THE ETHICS COMMITTEE DOCUMENTS THE POTENTIAL CONFLICTS, THE RESULTS OF THEIR REVIEW, AND DISPOSITION OF THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15AACOM EMPLOYED AN OUTSIDE CONSULTING FIRM TO CONDUCT A COMPENSATION ANALYSIS OF THE SALARY AND FRINGE BENEFITS OF THE PRESIDENT / CEO IN JULY 2012. DATA FROM COMPARABLE ORGANIZATIONS AND FROM STUDIES AND REPORTS WERE USED IN THE ANALYSIS. THE COMPENSATION COMMITTEE REVIEWED THE RESULTS OF THE STUDY AND IMPLEMENTED THE FIRM'S RECOMMENDATIONS ON JULY 1, 2012. THE SALARIES OF OFFICERS AND KEY EMPLOYEES ARE REVIEWED PERIODICALLY BY ANOTHER OUTSIDE CONSULTING FIRM. THE LAST SALARY STUDY FOR THESE EMPLOYEES WAS CONDUCTED IN DECEMBER 2010 AND IMPLEMENTED ON JULY 1, 2011.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT CURRENTLY MADE AVAILABLE TO THE PUBLIC.
CHANGES IN NET ASSETS OR FUND BALANCES:FORM 990, PART XI, LINE 5:NET UNREALIZED LOSSES ON INVESTMENTS: -166,150.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.