PRESIDENT/CEO

2012-07-25T11:10:11-05:00 2011-12-31 421104473 MCGOWEN HURST CLARK & SMITH PC 1601 WEST LAKES PARKWAY SUITE 300 WEST DES MOINES IA 50266 990 2011-01-01 510176029 SPECIAL OLYMPICS IOWA INC SPEC 5159865520 551 SE DOVETAIL RD PO BOX 620 GRIMES IA 50111 MARK A REED PRESIDENT/CEO 5159865520 2012-07-25 1 THOMAS J PFLANZ CPA P00054885 5152883279 2012-06-14 2011 2016-02-24 21:20:13Z X MARK A REED 551 SE DOVETAIL RD PO BOX 620 GRIMES IA 50111 2536457 0 X WWW.SOIOWA.ORG X 1975 IA SPORTS TRAINING AND ATHLETIC COMPETITION FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES. 23 23 17 15000 0 0 1502366 1270522 86140 49861 8285 785 746286 737782 2343077 2058950 0 0 0 0 947174 951076 122206 109768 515109 1022875 1016681 2092255 2077525 250822 -18575 4077848 4099365 63037 87968 4014811 4011397 X SPECIAL OLYMPICS IOWA PROVIDES YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITIONS IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES, GIVING THEM CONTINUING OPPORTUNITIES TO DEVELOP PHYSICAL FITNESS, DEMONSTRATE COURAGE, EXPERIENCE JOY AND PARTICIPATE IN A SHARING OF GIFTS, SKILLS AND FRIENDSHIPS WITH THEIR FAMILIES, OTHER SPECIAL OLYMPICS ATHLETES AND THE COMMUNITY. 0 0 462984 18350 SUMMER GAMES HELD FOR THE BENEFIT OF 2,700 CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES INCLUDING SEVEN SPORTS: AQUATICS, ATHLETICS, SOCCER, TENNIS, CYCLING, ROLLER SKATING AND DEVELOPMENTAL SPORTS. 269749 1830 UNIFIED SPORTS PAIRING ATHLETES WITH INTELLECTUAL DISABILITIES WITH ATHLETES WITHOUT DISABILITIES. 248169 19420 WINTER GAMES HELD FOR THE BENEFIT OF 405 CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES INCLUDING FOUR SPORTS: ALPINE SKIING, CROSS COUNTRY SKIING, SPEED SKATING & FIGURE SKATING. 36431 CHALLENGE DAYS IS A ONE DAY EVENT DESIGNED FOR THE SEVERE AND PROFOUNDLY HANDICAPPED POPULATION OF IOWA, PAIRING THEM WITH NON-HANDICAPPED PARTNERS. 145394 990 MID-WINTER GAMES HELD FOR THE BENEFIT OF 894 CHILDREN AND ADULTS WITH INTELLECTUAL DISABILTIES INCLUDING FIVE SPORTS: TEAM BASKETBALL, BASKETBALL SKILLS, CHEARLEADING, GYMNASTICS & WEIGHTLIFTING. 5213 EQUESTRIAN FOR ATHLETES WITH INTELLECTUAL DISABILITIES. 14877 SOFTBALL FOR ATHLETES WITH INTELLECTUAL DISABILITIES. 4939 VOLLEYBALL FOR ATHLETES WITH INTELLECTUAL DISABILITIES. 22138 BOWLING FOR ATHLETES WITH INTELLECTUAL DISABILITIES. 52539 YOUNG ATHLETES IS AN INTRODUCTORY PROGRAM OFFERING PLAY DAY ACTIVITIES TO CHILDREN WITH INTELLECTUAL DISABILITIES BETWEEN THE AGES OF 2 AND 7. 127116 HEALTHY ATHLETES - THE ORGANIZATION PROVIDES A SCREENING PROGRAM THAT IS DESIGNED TO HELP INCREASE A HEALTHY LIFESTYLE FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES. FREE SCREENINGS ARE OFFERED IN SEVEN DISCIPLINES - FUNFITNESS(GENERAL FITNESS), FIT FEET (PODIATRY), HEALTH PROMOTION (HEALTHY LIFESTYLE CHOICES), HEALTHY HEARING (HEARING), MEDFEST (SPORTS PHYSICALS), OPENING EYES (VISION) AND SPECIAL SMILES (DENTAL). 408647 990 1389549 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X MARK A REED PRESIDENTCEO 5159865520 551 DOVETAIL RD GRIMES IA 50111 LISA HEDDENS DIRECTOR 0.50 X 0 0 0 STEVE PALMER DIRECTOR 0.50 X 0 0 0 DAVE AUSTIN DIRECTOR 0.50 X 0 0 0 LYNN CLAYTON DIRECTOR 0.50 X 0 0 0 JAMES CHAMBERS DIRECTOR 0.50 X 0 0 0 TODD COOK DIRECTOR 0.50 X 0 0 0 GARY STEINKE DIRECTOR 0.50 X 0 0 0 CHUCK FINNEGAN PAST CHAIR 0.50 X X 0 0 0 GARY HARMS DIRECTOR 0.50 X 0 0 0 JILL VANDERPOL DIRECTOR 0.50 X 0 0 0 JOHN MACDONALD DIRECTOR 0.50 X 0 0 0 JOHN MICHEL TREASURER 0.50 X X 0 0 0 AL OBERLANDER DIRECTOR 0.50 X 0 0 0 KEITH PEASE DIRECTOR 0.50 X 0 0 0 CHICK HERBERT VICE CHAIR 0.50 X X 0 0 0 J ELAINE HIEBER CHAIR 0.50 X X 0 0 0 JOE WILSON SECRETARY 0.50 X X 0 0 0 ANGELA ALTHOFF DIRECTOR 0.50 X 0 0 0 BRUCE WILSON DIRECTOR 0.50 X 0 0 0 ARCH ALLISON DIRECTOR 0.50 X 0 0 0 TOMI DE GRADO DIRECTOR 0.50 X 0 0 0 STU SORREL DIRECTOR 0.50 X 0 0 0 LANA VOGA DIRECTOR 0.50 X 0 0 0 MARK REED PRESIDENT/CEO 40.00 X 103608 0 21464 103608 0 21464 1 0 0 0 MEDALLION PRODUCTIONS 2402 WILDWOOD AVE SUITE 500 NORTH LITTLE ROCK AR 72120 FUNDRAISING 109768 MEDALLION PRODUCTIONS 2402 WILDWOOD AVE SUITE 500 NORTH LITTLE ROCK AR 72120 FUNDRAISING 109768 2 38441 50000 1182081 1270522 STATE GAMES 900099 49861 49861 49861 23041 23041 65223 65223 150350 172606 -22256 -22256 -22256 939011 38441 275055 663956 663956 38249 29846 8403 8403 MISCELLANEOUS 900099 200 200 200 2058950 58464 0 729964 113385 56693 28346 28346 759270 411948 88892 258430 21998 11916 2635 7447 56423 30307 7560 18556 12200 12200 109768 109768 20120 17235 1534 1351 1431 786 191 454 63622 45721 5470 12431 58522 54177 4345 31229 7138 1208 22883 29318 29318 76580 42165 10520 23895 18699 18699 EVENTS & GAMES 364374 364374 MISCELLANEOUS 117960 117960 EDUCATION 76838 76838 VOLUNTEER RECRUITMENT 40139 32930 7209 105649 71344 14311 19994 2077525 1389549 172867 515109 501117 665919 1313599 1396742 61887 62287 188964 39824 8169 6006 2476282 547695 2004112 1928587 4077848 4099365 63037 87968 63037 87968 X 3776668 3786573 74436 61117 163707 163707 4014811 4011397 4077848 4099365 X -18575 15161 X X 0 1 1 X 0 X 2085293 1458308 1606318 1502366 1278425 7930710 77280 30443 31501 86140 49861 275225 2162573 1488751 1637819 1588506 1328286 8205935 0 424500 74253 110956 125832 63166 798707 424500 74253 110956 125832 63166 798707 7407228 43477 106887 114429 98053 78172 441018 43477 106887 114429 98053 78172 441018 2206050 1595638 1752248 1686559 1406458 8646953 0.85660 0.85270 0.05100 0.04030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 163707 7429 5329 2100 163707 163707 7859 5755 2104 163707 163707 9247 7234 2013 163707 163707 10217 8049 2168 163707 1.00000 0 0 230012 230012 1929647 302549 1627098 211467 168302 43165 105156 76844 28312 1928587 2058950 2077525 -18575 17350 -2189 15161 -3414 3591063 17350 1198732 360172 1576254 2014809 2189 41952 44141 2058950 3581158 1198732 304901 1503633 2077525 0 2077525 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORIGINAL GIFT OF THE ENDOWMENT FUND IS TO BE HELD IN PERPETUITY. THE INVESTMENT INCOME FROM THE GIFT IS UNRESTRICTED AND MAY BE USED AS SPECIAL OLYMPICS DEEMS APPROPRIATE. THE EARNINGS ARE USED FOR GENERAL OPERATING AND PROGRAM EXPENSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT IS UNAWARE OF ANY UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2011 AND 2010. INTEREST AND PENALTIES ASSOCIATED WITH INCOME TAX MATTERS WOULD BE PRESENTED AS COMPONENTS OF INCOME TAX EXPENSE. THERE WERE NO INTEREST OR PENALTY CHARGES DURING 2011 AND 2010. THE ORGANIZATION'S PRIOR THREE YEARS' TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF MERCHANDISE SOLD INCLUDED IN EXPENSES PER FINANCIAL STATEMENTS 29,846. SPECIAL EVENT EXPENSES 275,055. NET ASSETS RELEASED FROM RESTRICTION 55,271. PART XII, LINE 4B - OTHER ADJUSTMENTS: TEMPORARILY RESTRICTED NET ASSETS - GRANT INCOME 41,952. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF MERCHANDISE SOLD INCLUDED IN EXPENSES PER FINANCIAL STATEMENTS 29,846. SPECIAL EVENT EXPENSES 275,055. X X X X X X X 1 MEDIALLION PRODUCTIONS 2402 WILDWOOD AVENUE SUITE 500 NORTH LITTLE ROCK AR 72120 TELEMARKETING 1 407471 219536 187935 407471 219536 187935 IA POLAR PLUNGES 345679 11910 333769 4095 13030 3016 250 60166 AUCTIONS 119980 18482 101498 8563 8459 3500 43097 89 511793 8049 503744 8765 12077 13557 10543 400 85537 977452 38441 939011 8765 16172 35150 22018 4150 188800 275055 663956 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS FIRST REVIEWED IN DETAIL BY THE CEO AND CFO, AND THEN SUBMITTED TO THE FINANCE COMMITTEE FOR APPROVAL. ONCE APPROVED BY THE FINANCE COMMITTEE, THE FORM 990 IS SUBMITTED FOR REVIEW BY THE FULL BOARD AT THE NEXT FOLLOWING BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ON AN ANNUAL BASIS BY THE BOARD MEMBERS AND REVIEWED FOR ANY CONFLICTS. IF THERE IS A CONFLICT, THE BOARD MEMBER WILL NOT HAVE ANY AUTHORITY ON THE TRANSACTION OR IF IT IS MORE SUBSTANTIAL THE BOARD MEMBER MAY BE REMOVED FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S SALARY IS SET AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. NATIONAL EXECUTIVE SALARY INFORMATION PROVIDED BY SPECIAL OLYMPICS, INC. IS USED AS A GUIDELINE IN ESTABLISHING SALARY AND BENEFIT AMOUNTS. THE BOARD OF DIRECTORS APPROVES A SALARY POOL FOR THE OTHER OFFICERS AND EMPLOYEES OF THE ORGANIZATION. THE CEO HAS THE AUTHORITY TO SET EACH EMPLOYEE'S SALARY AS LONG AS HE DOESN'T EXCEED THE APPROVED POOL AMOUNT IN TOTAL. THE BOARD AND CEO USE SALARY COMPARISONS PROVIDED BY SPECIAL OLYMPICS, INC. AND OTHER FACTORS, SUCH AS PERFORMANCE, TO DETERMINE THE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 17,350. INVESTMENT EXPENSES: -2,189. TOTAL TO FORM 990, PART XI, LINE 5: 15,161. CHANGE IN OVERSIGHT POLICIES FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN OVERSIGHT POLICIES DURING THE TAX YEAR.