2012-05-15T14:24:54-05:00 2011-06-30 GAINER DONNELLY & DESROCHES LLP 5847 SAN FELIPE SUITE 1100 HOUSTON TX 77057 990 2010-07-01 741018374 NACE INTERNATIONAL NACE 2812286200 1440 SOUTH CREEK DRIVE HOUSTON TX 77084 CALVIN TANG 2812286200 2012-05-15 1 WILLIAM F MEADOR II 7136218090 2012-05-14 2010 2016-02-24 21:20:13Z ROBERT H CHALKER 1440 SOUTH CREEK DRIVE HOUSTON TX 77084 26114836 0 X WWW.NACE.ORG X 1943 TX PROTECT PEOPLE, ASSETS AND THE ENVIRONMENT FROM THE EFFECTS OF CORROSION. 17 17 121 0 1234390 -315074 15101 0 23372856 25608142 -97381 185500 12477 83162 23303053 25876804 255444 204959 0 0 7795382 8179941 0 0 0 13643549 17041357 21694375 25426257 1608678 450547 20838887 24048644 6900280 8454680 13938607 15593964 X PROTECT PEOPLE, ASSETS AND THE ENVIRONMENT FROM THE EFFECTS OF CORROSION. 0 0 7818515 165997 14715229 EDUCATION - PROVIDING TRAINING FOR CORROSION SCIENCE AND CONTROL TECHNIQUES TO OVER 11,000 PERSONS. 8110799 3011428 PUBLICATIONS & STANDARDS - PROVIDING TECHNICAL LITERATURE THROUGH BOOKS, SCIENTIFIC JOURNALS, INDUSTRY STANDARDS, MAGAZINES, DIRECTORIES AND NEWSLETTERS TO APPROXIMATELY 27,000 PERSONS. 2928220 2979194 MEMBERSHIP SERVICES - PROVIDE NETWORK FOR CORROSION PROFESSIONALS TO COMMUNICATE AND COLLABORATE. 1465585 3667901 CONFERENCES, SYMPOSIA & EXHIBITS - ORGANIZED AND CONDUCTED TECHNICAL AND SCIENTIFIC MEETING FORUMS TO COMMUNICATE EFFECTS OF CORROSION AND SERVED APPROXIMATELY 6,500 PEOPLE 1465585 3667901 20323119 1 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 184 0 1 121 1 1 1 1 CA 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 0 0 1 1 0 1 1 0 1 0 0 1 1 1 1 0 X CALVIN TANG 2812286237 1440 SOUTH CREEK DRIVE HOUSTON TX 77084 CHRISTOPHER FOWLER 20.00 X X 0 0 0 OLIVER MOGHISSI 20.00 X X 0 0 0 JEFF DIDAS 20.00 X X 0 0 0 KEVIN GARRITY 10.00 X X 0 0 0 BOB CHALKER 40.00 X X 96718 0 0 MIKE AMES 0.00 X 0 0 0 JIM SAPP 0.00 X 0 0 0 AI SANDY WILLIAMSON 0.00 X 0 0 0 GRAHAM BELL 0.00 X 0 0 0 STEIN OLSEN 0.00 X 0 0 0 LEONARDO ULLER 0.00 X 0 0 0 WILLIAM MUELLER 0.00 X 0 0 0 MIKE BAACH 0.00 X 0 0 0 DAVID SCHRAMM 0.00 X 0 0 0 JIM FEATHER 0.00 X 0 0 0 AHMED AL-ZAHRANI 0.00 X 0 0 0 SAMIR DEGAN 0.00 X 0 0 0 HELENA SEELINGER 40.00 X 166438 0 359 JOHN PERRY 40.00 X 123423 0 7460 MIKE MOSS 40.00 X 134096 0 5149 MANUEL MONES JR 40.00 X 139601 0 1158 DELMAR DOYLE 40.00 X 194772 0 5040 855048 0 19166 10 0 1 0 T ROWE PRICE PO BOX 17215 BALTIMORE MD 21297 401K 848146 RIDGWAYS HOUSTON PO BOX 299108 HOUSTON TX 77299 BOOKS/PUBLICATION 637534 PUBLISHER'S PRESS PO BOX 37500 LOUISVILLE TX 40233 2011 CORROSION JOURNAL 377180 UNITED HEALTHCARE INSURANCE CO DEPT CH 10151 PALATINE IL 60055 INSURANCE 377023 SEA LAND CONSULTING SERVICES LIMITED 22 HOI WING ROAD TUEN MUN HONG KONG CH EDUCATION 367146 19 EDUCATION 541800 14715229 14715229 PUBLICATIONS/STANDARDS 541800 4227052 3011428 1215624 CONFERENCES 541800 3686667 3667901 18766 MEMBERSHIP DUES 541800 2979194 2979194 25608142 179432 179432 101500 95432 6068 6068 6068 154147 142600 11547 11547 OTHER INCOME 900099 71615 71615 71615 25876804 24373752 1234390 268662 87770 87770 91700 91700 25489 25489 96718 67566 29152 6405142 4474537 1930605 383229 273232 109997 691008 515140 175868 603844 359071 244773 34162 540 33622 57505 4180 53325 4100643 3176753 923890 4041 4041 1181967 1041068 140899 148176 148176 310256 308323 1933 2158455 2026602 131853 1725266 1100804 624462 152705 10632 142073 GROUP FUNCTIONS & MEALS 1117426 1066484 50942 MISC EXP 1000012 999709 303 PRINTING 844946 835595 9351 COST OF GOODS SOLD 722725 722725 DEVELOPMENT COSTS 650594 650594 2832478 2332388 500090 25426257 20323119 5103138 0 3997913 4379237 721126 719524 533045 439584 2732949 3462615 110942 120260 663353 602690 1534086 1091167 11108160 5119425 3960780 5988735 5547682 7228945 1016788 20223 15887 20838887 24048644 1831463 2642062 5068817 5812618 6900280 8454680 X 13938607 15593964 13938607 15593964 20838887 24048644 X 450547 1204810 X 0 1 1 X 0 X 2159473 2276232 2406964 2684301 2979194 12506164 16269284 19748217 18104137 20703656 22628948 97454242 18428757 22024449 20511101 23387957 25608142 109960406 0 0 0 109960406 240196 406012 185988 136784 179432 1148412 240196 406012 185988 136784 179432 1148412 12477 83162 95639 18668953 22430461 20697089 23537218 25870736 111204457 0.98880 0.98870 0.01030 0.01120 X 85916 85916 25340341 25426257 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 36461 131707 107367 85916 361451 250000 250000 250000 250000 1000000 1500000 2529947 2529947 4810450 2057406 2753044 3767763 3062019 705744 5988735 INVESTMENTS HELD AT TOWNELEY CAPITAL MANAGEMENT 7160304 F OTHER INVESTMENTS 68641 F 7228945 1 NORTH AMERICA 0 GRANTS TO RECIPIENTS LOCATED IN REGION 5060 NORTH AMERICA 0 SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION 20429 0 0 0 0 0 0 25489 0 25489 X NORTH AMERICA SCHOLARSHIPS/GRANTS 21652 CASH 1 SCHOLARSHIPS/GRANTS NORTH AMERICA 10 3837 CASH 0 0 0 0 0 0 OTHER INFORMATION SCHEDULE F, PART V PROCEDURE FOR MONITORING GRANTS OUTSIDE THE US - NONE CURRENTLY IN PLACE. CALGARY SECTION 60929 60929 68656 ARIZONA SECTION 37300 37300 15098 2 55918 55918 58846 154147 154147 142600 142600 11547 1 NACE INTERNATIONAL FOUNDATION 1440 SOUTH CREEK DRIVE HOUSTON TX 77084 680517788 501(C)3 16500 RESEARCH AND EDUCATION UNIVERSITY OF NEBRASKA 1400 R STREET LINCOLN NE 68588 7000 RESEARCH AND EDUCATION SAN JUAN COLLEGE SCHOOL OF ENERGY 800 SOUTH HUTTON FARMINGTON NM 87401 20000 RESEARCH AND EDUCATION 1 2 SCHOLARSHIPS 75 91700 OTHER INFORMATION: PART IV: PROCEDURE FOR MONITORING GRANTS IN THE US - CURRENTLY THERE IS NO MONITORING OF THE FUNDS GRANTED TO THE RECIPIENTS OUTSIDE OF THOSE SPECIFICALLY USED FOR NACE EVENTS. 1 X X X 0 0 0 0 0 1 0 0 0 HELENA SEELINGER 166438 0 0 0 0 0 0 0 359 0 166797 0 156582 0 DELMAR DOYLE 194772 0 0 0 0 0 0 0 5040 0 199812 0 154100 0 SUPPLEMENTAL INFORMATION PART III BONUS PAYOUT BASED ON TOTAL OVERALL FINANCIAL PERFORMANCE OF NACE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A PROFESSIONAL ASSOCIATION CATERING TO THE CORROSION ENGINEERING INDUSTRY. THE ORGANIZATION IS OPEN TO THE PUBLIC. COMPANIES AND INDIVIDUALS MAY JOIN THE ASSOCIATION BY PAYING ANNUAL MEMBERSHIP DUES. FORM 990, PART VI, SECTION B, LINE 11 THE 990 WILL BE REVIEWED BY THE CFO. IT WILL THEN BE PRESENTED TO THE EXECUTIVE DIRECTOR FOR FURTHER DISCUSSION. THE 990 FORMS WILL BE SIGNED BY THE CFO. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES THE SALARY AND BONUS OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR DETERMINES SALARY AND BONUS FOR OTHER OFFICERS OR KEY EMPLOYEES AND THE AMOUNTS ARE APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 FORMS 990 AND 990-T, ALONG WITH THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ALL OTHER FUNCTIONAL EXPENSES FORM 990, PART X, LINE 24F SHIPPING EXP: PROGRAM SERVICE EXPENSES 621,196. MANAGEMENT AND GENERAL EXPENSES 5,038. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 626,234. BANK & CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 366,847. MANAGEMENT AND GENERAL EXPENSES 51,441. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 418,288. MARKETING EXP: PROGRAM SERVICE EXPENSES 308,022. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 308,022. TELECOMMUNICATIONS: PROGRAM SERVICE EXPENSES 178,111. MANAGEMENT AND GENERAL EXPENSES 45,561. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 223,672. COMMISSIONS: PROGRAM SERVICE EXPENSES 211,244. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 211,244. AUDIO VISUAL: PROGRAM SERVICE EXPENSES 152,772. MANAGEMENT AND GENERAL EXPENSES 1,200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 153,972. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 6,108. MANAGEMENT AND GENERAL EXPENSES 135,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 141,108. BAD DEBTS: PROGRAM SERVICE EXPENSES 138,639. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 138,639. RECRUITING: PROGRAM SERVICE EXPENSES 59,067. MANAGEMENT AND GENERAL EXPENSES 39,130. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 98,197. TEMP HELP: PROGRAM SERVICE EXPENSES 11,622. MANAGEMENT AND GENERAL EXPENSES 78,064. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 89,686. AWARDS, PLAQUES: PROGRAM SERVICE EXPENSES 77,755. MANAGEMENT AND GENERAL EXPENSES 1,756. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 79,511. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 22,841. MANAGEMENT AND GENERAL EXPENSES 51,763. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 74,604. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 52,270. MANAGEMENT AND GENERAL EXPENSES 7,505. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59,775. DUES AND FEES: PROGRAM SERVICE EXPENSES 33,221. MANAGEMENT AND GENERAL EXPENSES 22,107. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,328. GIFTS, PRIZES: PROGRAM SERVICE EXPENSES 44,466. MANAGEMENT AND GENERAL EXPENSES 1,965. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,431. REPAIRS: PROGRAM SERVICE EXPENSES 1,058. MANAGEMENT AND GENERAL EXPENSES 30,836. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,894. WORKMEN'S COMP: PROGRAM SERVICE EXPENSES 10,039. MANAGEMENT AND GENERAL EXPENSES 12,191. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,230. FOREIGN TAXES: PROGRAM SERVICE EXPENSES 19,251. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,251. STAFF MORALE ACTIVITIES: PROGRAM SERVICE EXPENSES 1,142. MANAGEMENT AND GENERAL EXPENSES 16,533. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,675. DECORATIONS: PROGRAM SERVICE EXPENSES 16,717. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,717. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,204,810. FORM 990, PART XI, LINE 2B FINANCIAL STATEMENTS FOR NACE INTERNATIONAL WERE AUDITED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM ON A CONSOLIDATED BASIS WITH THE ENTITIES AS DISCLOSED IN SCHEDULE R, PART I AND PART II. THE INDEPENDENT ACCOUNTING FIRM ISSUED AN UNQUALIFIED OPINION ON THE FINNCIAL STATEMENTS FOR THE YEAR ENDING JUNE 30, 2011. FOUR POINT PUBLISHING LLC 1440 SOUTH CREEK DRIVE HOUSTON TX 77084 330991456 PUBLISHING CA 654224 -690286 NACE INTERNATIONAL NACE INTERNATIONAL TEXAS LLC 1440 SOUTH CREEK DRIVE HOUSTON TX 77084 271393480 FOREIGN OPERATIONS TX 0 -271985 NACE INTERNATIONAL NACE INTERNATIONAL FOUNDATION 1440 SOUTH CREEK DRIVE HOUSTON TX 77084 680517788 SCHOLARSHIPS AND EDUCATION TX 501(C)3 509(A)(3) TYPE I NACE INTERNATIONAL 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 NACE INTERNATIONAL FOUNDATION D 391771 FMV OF AMT DUE NACE INTERNATIONAL FOUNDATION M 150000 MGT FMV ESTIMATE NACE INTERNATIONAL FOUNDATION N 96503 MGT FMV ESTIMATE