2012-11-15T08:34:17-06:00 2011-12-31 420714325 MCGLADREY LLP 8000 TOWERS CRESCENT DR STE 500 VIENNA VA 221826205 990 2011-01-01 521006053 ADVANCED MEDICAL TECHNOLOGY ASSOCIATION ADVA 2027838700 701 PENNSYLVANIA AVENUE NW NO 800 WASHINGTON DC 200042654 KENNETH MENDEZ 2027838700 2012-11-13 1 YONG ZHANG CPA P01249785 7033366400 2011 2016-02-24 21:20:13Z ADVAMED STEPHEN J UBL 701 PENNSYLVANIA AVENUE NW NO 800 WASHINGTON DC 200042654 30252471 0 X WWW.ADVAMED.ORG X 1974 DE TO REPRESENT THE INTERESTS OF MANUFACTURERS OF VARIOUS MEDICAL DEVICES, DIAGNOSTIC PRODUCTS, AND MEDICAL INFORMATION SYSTEMS. 40 40 87 0 0 0 0 0 26957008 29616258 8756 418559 676249 194554 27642013 30229371 112500 142266 0 0 14679431 15646116 0 0 0 12698692 13817726 27490623 29606108 151390 623263 13007687 13575958 7150810 7095818 5856877 6480140 X ADVAMED ADVOCATES FOR A LEGAL, REGULATORY, AND ECONOMIC ENVIRONMENT THAT ADVANCES GLOBAL HEALTH CARE BY ASSURING WORLDWIDE PATIENT ACCESS TO THE BENEFITS OF MEDICAL TECHNOLOGY. WE PROMOTE POLICIES THAT FOSTER THE HIGHEST ETHICAL STANDARDS, RAPID APPROVAL OF SAFE AND EFFECTIVE PRODUCTS, ADEQUATE REIMBURSEMENT, AND ACCESS TO INTERNATIONAL MARKETS. 0 0 ADVAMED'S GOVERNMENT AFFAIRS FUNCTION REPRESENTS THE INDUSTRY BEFORE STATE AND FEDERAL POLICYMAKERS, IN GOVERNOR'S OFFICES, STATE LEGISLATURES, THE UNITED STATES CONGRESS, AND RELEVANT FEDERAL AGENCIES. ADVAMED'S ADVOCACY STAFF AND OUTSIDE CONSULTANTS PROVIDE INFORMATION ON POLITICAL AND POLICY DEVELOPMENTS, AND PURSUE THE INDUSTRY'S AGENDA FOR A LEGAL, REGULATORY AND ECONOMIC ENVIRONMENT THAT ADVANCES HEALTH CARE BY ASSURING PATIENT ACCESS TO THE BENEFITS OF MEDICAL TECHNOLOGY. TAKING MEMBER COMPANY FEEDBACK FROM WORKING GROUPS AND COMMITTEES,ADVAMED STAFF PROVIDE CRITICAL INPUT TO REGULATORY AGENCIES LIKE FDAAND CMS ON REGULATIONS AND RULES THAT IMPACT THE ABILITY FOR PATIENTSTO RECEIVE TIMELY ACCESS TO LIFE CHANGING DEVICES PRODUCED BY ADVAMED MEMBERS. OUR CONSULTANTS IN JAPAN, CHINA, AND OTHER OVERSEAS MARKETS REPRESENT ADVAMED IN RAPIDLY EXPANDING OVERSEAS MARKETS AND ATTEND MEETINGS WITH GOVERNMENT OFFICIALS AND INDUSTRY COMMITTEE MEETINGS. THESE CONSULTANTS PROVIDE REAL-TIME INFORMATION AND AN INDUSTRY VOICE IN OVERSEAS MARKETS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 77 0 1 87 1 0 1 JA 0 0 0 0 X 40 40 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X JENNIFER BRANDELY CFO AND VP FINANCE 2027838700 701 PENSYLVANIA AVE NW STE 800 WASHINGTON DC 200042654 JAMES V MAZZO 1.00 X X 0 0 0 STEPHEN P MACMILLAN 1.00 X X 0 0 0 ALEX GORSKY 1.00 X X 0 0 0 MICHAEL A LYNCH 1.00 X X 0 0 0 JOE ALMEIDA 1.00 X 0 0 0 PETER ARDUINI 1.00 X 0 0 0 MICHAEL BALL 1.00 X 0 0 0 CHRISTOPHER BEGLEY 1.00 X 0 0 0 ANTHONY P BIHL 1.00 X 0 0 0 JEFFREY BINDER 1.00 X 0 0 0 KEVIN BUEHLER 1.00 X 0 0 0 CATHERINE BURZIK 1.00 X 0 0 0 ROBERT M DAVIS 1.00 X 0 0 0 JOSEPH DEVIVO 1.00 X 0 0 0 DAVID DVORAK 1.00 X 0 0 0 STUART ESSIG 1.00 X 0 0 0 CAMERON FINDLAY 1.00 X 0 0 0 VINCENT A FORLENZA 1.00 X 0 0 0 MICHAEL FRAZZETTE 1.00 X 0 0 0 KIERAN T GALLAHUE 1.00 X 0 0 0 ROBERT GRANT 1.00 X 0 0 0 JOHN GREISCH 1.00 X 0 0 0 TIMOTHY E GUERTIN 1.00 X 0 0 0 WILLIAM HAWKINS 1.00 X 0 0 0 THOMAS HOOK 1.00 X 0 0 0 DAVID I JOHNSON 1.00 X 0 0 0 KAZUAKI KITABATAKI 1.00 X 0 0 0 LESTER KNIGHT 1.00 X 0 0 0 DAVID L LUCCHINO 1.00 X 0 0 0 MICHAEL MAHONEY 1.00 X 0 0 0 ALAN MAIN 1.00 X 0 0 0 V GEORGE MALIEKEL 1.00 X 0 0 0 MICHAEL R MINOGUE 1.00 X 0 0 0 MICHAEL A MUSSALLEM 1.00 X 0 0 0 CAROLL NEUBAUER 1.00 X 0 0 0 DANIEL O'DAY 1.00 X 0 0 0 DAVID PEREZ 1.00 X 0 0 0 TIMOTHY PRATT 1.00 X 0 0 0 STUART A RANDLE 1.00 X 0 0 0 DEBRA RECTENWALD 1.00 X 0 0 0 TIMOTHY M RING 1.00 X 0 0 0 WALTER M ROSEBROUGH 1.00 X 0 0 0 STEVE RUSCKOWSKI 1.00 X 0 0 0 VIRGINIA RYBSKI 1.00 X 0 0 0 BRADLEY SAUER 1.00 X 0 0 0 JULIE A SHIMER 1.00 X 0 0 0 DWIGHT WINSTEAD 1.00 X 0 0 0 NADIM YARED 1.00 X 0 0 0 STEPHEN J UBL 40.00 X 1301020 0 50856 CHRISTOPHER L WHITE 40.00 X 568055 0 45276 KENNETH MENDEZ 40.00 X 461955 0 45276 MARTYN HOWGILL 40.00 X 421267 0 37878 RALPH IVES 40.00 X 428580 0 34082 ANN-MARIE LYNCH 40.00 X 521048 0 34082 ANDREW FISH 40.00 X 433407 0 31775 DAVID NEXON 40.00 X 660099 0 33880 JANET TRUNZO 40.00 X 432768 0 43277 FRANK WILTON 40.00 X 313507 0 38496 STEVEN BROTMAN 40.00 X 336627 0 41456 PHILIP AGRESS 40.00 X 295733 0 26572 TERESA LEE 40.00 X 165936 0 24889 JUAN CARLOS SCOTT 40.00 X 279743 0 8652 GARY KARR 40.00 X 297020 0 12776 RICHARD PRICE 40.00 X 237414 0 26694 JOSEPH T GATEWOOD 40.00 X 213330 0 32720 DECHANE L DORSEY 40.00 X 218155 0 25272 WANDA MOEBIUS 40.00 X 242718 0 25799 ELIZABETH PIKA SHARP 40.00 X 260032 0 27715 ELIZABETH KEGLER 40.00 X 258352 0 27922 8346766 0 675345 44 0 1 0 NEIMAND COLLABORATIVE INC 1025 VERMONT AVENUE NW STE 830 WASHINGTON DC 20005 CONSULTING/ MONTHLY RETAINER 772808 KORNFERRY INTERNATIONAL 1700 K STREET NW STE 700 WASHINGTON DC 20006 CONSULTING/ MONTHLY RETAINER 355115 ALBRIGHT STONEBRIDGE GROUP LLC 555 13TH ST NW STE 300 WEST WASHINGTON DC 20004 CONSULTING/ MONTHLY RETAINER 349107 TARPLIN DOWNS & YOUNG LLC 1212 NEW YORK AVENUE NW STE 1050 WASHINGTON DC 20005 CONSULTING/ MONTHLY RETAINER 270000 HEALTH POLICY ALTERNATIVES INC 444 N CAPITOL ST NW WASHINGTON DC 20001 CONSULTING/ MONTHLY RETAINER 238774 25 MEMBERSHIP DUES 900099 26876350 26876350 SEMINARS 611430 2002345 2002345 SPECIAL PROJECTS 900099 730139 730139 PUBLICATION 511190 7424 7424 29616258 441659 441659 118508 118508 23100 -23100 -23100 -23100 OTHER INCOME 900099 64046 64046 ADMIN. FEES REVENUE 900099 12000 12000 76046 30229371 29628258 0 601113 119550 22716 7690096 6289270 412852 674738 579160 748882 76975 1499236 5567907 9833 665015 319661 1378625 1198298 1306100 4377 523583 58500 DUES & SUBSCRIPTION 354208 OTHER EXPENSES 93263 TRAINING 13263 29606108 1358 1371 9423052 10060436 181154 66655 1275 1173 396275 209409 4936449 3022471 2019227 1913978 875022 852971 110324 469965 13007687 13575958 3982544 4305761 2904231 2322283 264035 467774 7150810 7095818 X 5856877 6480140 5856877 6480140 13007687 13575958 623263 0 X X 0 1 1 X 0 0 0 1 26876350 1612027 -229836 1382191 1478199 -96008 2231531 1159757 1071774 1952570 1460210 492360 752348 402504 349844 1913978 DEFERRED ASSESSMENTS 413567 CAPITAL LEASE OBLIGATION 54207 467774 30229371 29606108 623263 623263 31766774 1537403 1537403 30229371 0 30229371 32940349 3334241 3334241 29606108 0 29606108 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ADVAMED COMPLIES WITH 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, ADVAMED 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% 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. ADVAMED HAD NO SUCH POSITIONS RECORDED IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2011. GENERALLY, ADVAMED IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX POSITIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008. PART XII, LINE 2D - OTHER ADJUSTMENTS: INHEALTH REVENUE IN CONSOLIDATING FINANCIAL STATEMENTS 1,349,310. ADVAMED PAC REVENUE IN CONSOLIDATING FINANCIAL STATEMENTS 164,993. LOSS ON DISPOSAL OF FIXED ASSETS 23,100. PART XIII, LINE 2D - OTHER ADJUSTMENTS: INHEALTH EXPENSE IN CONSOLIDATING FINANCIAL STATEMENTS 3,153,591. ADVAMED PAC EXPENSE IN CONSOLIDATING FINANCIAL STATEMENTS 157,550. LOSS ON DISPOSAL OF FIXED ASSETS 23,100. 1 EAST ASIA AND THE PACIFIC - 0 0 GRANTMAKING 15045 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 7671 EAST ASIA AND THE PACIFIC - 2 7 PROGRAM SERVICES CONSULTANT IN ASIA MEET WITH GOVERNMENT AND INDUSTRY OFFICIALS 283661 EAST ASIA AND THE PACIFIC - 0 0 PROGRAM SERVICES STAFF TRAVEL TO REGION FOR MEETINGS 171362 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 2 PROGRAM SERVICES MEETINGS TO PROMOTE THE HARMONIZATION OF INTERNATIONAL STANDARDS 285455 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 7 PROGRAM SERVICES CONSULTANT IN EUROPE MEET WITH GOVERNMENT AND INDUSTRY OFFICIALS 348601 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES STAFF TRAVEL TO REGION FOR MEETINGS 106288 SOUTH AMERICA - ARGENTINA, BOLIVIA, 0 1 PROGRAM SERVICES CONSULTANT IN BRAZIL MEET WITH GOVERNMENT AND INDUSTRY OFFICIALS 97535 SOUTH AMERICA - ARGENTINA, BOLIVIA, 0 0 PROGRAM SERVICES STAFF TRAVEL TO REGION FOR MEETINGS 19672 SOUTH ASIA - AFGHANISTAN, BANGLADESH, 0 1 PROGRAM SERVICES CONSULTANTS IN INDIA MEET WITH GOVERNMENT AND INDUSTRY OFFICIALS 18094 SOUTH ASIA - AFGHANISTAN, BANGLADESH, 0 0 PROGRAM SERVICES STAFF TRAVEL TO REGION FOR MEETINGS 11236 2 17 0 1 2 18 1315618 49002 1364620 EAST ASIA AND THE PACIFIC - PROGRAM SUPPORT 15045 WIRE TRANSFER EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SUPPORT 7671 WIRE TRANSFER 2 0 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: ADVAMED BUDGETS ANNUALLY FOR CHARITABLE DONATIONS AND OTHER CHARITABLE GIVING THAT IS CLOSELY ALIGNED WITH ITS STRATEGIC PLAN AND MISSION. IN ADDITION, ADVAMED MAY IDENTIFY CAUSES THROUGHOUT THE YEAR THAT MAY REQUIRE REPURPOSING OF FUNDS FROM ANOTHER EXPENSE CATEGORY TO SUPPORT CERTAIN MEDICAL DEVICE ISSUES OR MEMBERSHIP INITIATIVES. ALL SUCH SPENDING IS PROCESSED THROUGH ADVAMED'S PURCHASE ORDER SYSTEM, WHICH REQUIRES SEVERAL LEVELS OF EXECUTIVE APPROVAL BEFORE ANY FUNDING IS MADE. 1 AIDS INSTITUTE 17 DAVIS BLVD STE 403 TAMPA FL 33606 650380952 501(C)(3) 5000 PROGRAM SUPPORT ALLIANCE FOR AGING RESEARCH 2021 K STREET NW STE 305 WASHINGTON DC 20006 541379174 501(C)(3) 7000 PROGRAM SUPPORT ALZHEIMER ASSOCIATION MAINE CHAPTER 163 LANCASTER STREET STE 160B PORTLAND ME 04101 133039601 501(C)(3) 5000 PROGRAM SUPPORT AMERICAN ASSOCIATION OF PEOPLE WITH DISABILITIES 1629 K STREET NW STE 950 WASHINGTON DC 20006 521930174 501(C)(3) 7000 PROGRAM SUPPORT AORN INC 2170 SOUTH PARKER ROAD STE 300 DENVER CO 80231 131882322 501(C)(6) 5000 PROGRAM SUPPORT BISHOP IRETON HIGH SCHOOL 3106 RUSSELL ROAD ALEXANDRIA VA 22305 540757735 501(C)(3) 5000 PROGRAM SUPPORT CAPITAL AREA REACH PROGRAM PO BOX 77213 WASHINGTON DC 20013 264088542 501(C)(3) 5000 PROGRAM SUPPORT INFORMATION TECHNOLOGY & INNOVATION FOUNDATION 1101 K STREET NW STE 610 WASHINGTON DC 20005 204403497 501(C)(3) 5000 PROGRAM SUPPORT RETIRE SAFE 1616 H STREET NW STE 902 WASHINGTON DC 20006 481108057 501(C)(3) 5000 PROGRAM SUPPORT SOCIETY FOR WOMEN'S HEALTH RESEARCH 1828 L STREET NW STE 625 WASHINGTON DC 20036 521694732 501(C)(3) 10000 PROGRAM SUPPORT UNITED SPINAL ASSOCIATION 75-20 ASTORIA BLVD STE 120 JACKSON HEIGHTS NY 11370 135612621 501(C)(3) 5000 PROGRAM SUPPORT UTAH FAMILIES FOUNDATION 9160 SOUTH 300 WEST 21 SANDY UT 84070 870509416 501(C)(3) 5000 PROGRAM SUPPORT WASHINGTON LEGAL FOUNDATION 2009 MASSACHUSETTS AVENUE NW WASHINGTON DC 20036 521071570 501(C)(3) 5000 PROGRAM SUPPORT WOMENHEART 818 18TH STREET NW STE 930 WASHINGTON DC 20006 522148006 501(C)(3) 7500 PROGRAM SUPPORT 13 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ADVAMED BUDGETS ANNUALLY FOR CHARITABLE DONATIONS AND OTHER CHARITABLE GIVING THAT IS CLOSELY ALIGNED WITH ITS STRATEGIC PLAN AND MISSION. IN ADDITION, ADVAMED MAY IDENTIFY CAUSES THROUGHOUT THE YEAR THAT MAY REQUIRE REPURPOSING OF FUNDS FROM ANOTHER EXPENSE CATEGORY TO SUPPORT CERTAIN MEDICAL DEVICE ISSUES OR MEMBERSHIP INITIATIVES. ALL SUCH SPENDING IS PROCESSED THROUGH ADVAMED'S PURCHASE ORDER SYSTEM, WHICH REQUIRES SEVERAL LEVELS OF EXECUTIVE APPROVAL BEFORE ANY FUNDING IS MADE. X X 1 1 X X X X 0 0 0 STEPHEN J UBL 958001 0 303500 0 39519 0 32500 0 18356 0 1351876 0 0 0 CHRISTOPHER L WHITE 464270 0 102975 0 810 0 32500 0 12776 0 613331 0 0 0 KENNETH MENDEZ 373345 0 87800 0 810 0 32500 0 12776 0 507231 0 0 0 MARTYN HOWGILL 379977 0 40000 0 1290 0 32500 0 5378 0 459145 0 0 0 RALPH IVES 348741 0 76275 0 3564 0 32500 0 1582 0 462662 0 0 0 ANN-MARIE LYNCH 429000 0 91900 0 148 0 32500 0 1582 0 555130 0 0 0 ANDREW FISH 393592 0 39275 0 540 0 18796 0 12979 0 465182 0 0 0 DAVID NEXON 533660 0 122875 0 3564 0 32500 0 1380 0 693979 0 0 0 JANET TRUNZO 332929 0 96275 0 3564 0 32500 0 10777 0 476045 0 0 0 FRANK WILTON 240997 0 71700 0 810 0 25700 0 12796 0 352003 0 0 0 STEVEN BROTMAN 271035 0 64350 0 1242 0 28742 0 12714 0 378083 0 0 0 PHILIP AGRESS 240927 0 52575 0 2231 0 25043 0 1529 0 322305 0 0 0 TERESA LEE 114981 0 50725 0 230 0 22230 0 2659 0 190825 0 0 0 JUAN CARLOS SCOTT 279419 0 0 0 324 0 0 0 8652 0 288395 0 0 0 GARY KARR 296277 0 0 0 743 0 0 0 12776 0 309796 0 0 0 RICHARD PRICE 214072 0 20300 0 3042 0 21416 0 5278 0 264108 0 0 0 JOSEPH T GATEWOOD 191283 0 21375 0 672 0 20205 0 12515 0 246050 0 0 0 DECHANE L DORSEY 197161 0 20550 0 444 0 19978 0 5294 0 243427 0 0 0 WANDA MOEBIUS 200340 0 41925 0 453 0 20532 0 5267 0 268517 0 0 0 ELIZABETH PIKA SHARP 223281 0 36300 0 451 0 22376 0 5339 0 287747 0 0 0 ELIZABETH KEGLER 217605 0 40350 0 397 0 22446 0 5476 0 286274 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL IS AUTHORIZED ONLY IN EXCEPTIONAL CIRCUMSTANCES, SUCH AS WHEN IT IS NECESSARY TO TAKE A SPECIFIC FLIGHT WHERE BUSINESS OR COACH CLASS IS NOT AVAILABLE, AND MUST FIRST HAVE PRIOR WRITTEN APPROVAL BY DEPARTMENT HEADS AND ADVAMED'S PRESIDENT. OTHER EXPENSES INCURRED BY THE TRAVELER FOR TRAVEL OUTSIDE THE DEFINITION OF A BUSINESS TRIP, INCLUDING EXPENSES FOR FAMILY MEMBERS TRAVELING WITH THE EMPLOYEE, ARE ALSO THE RESPONSIBILITY OF THE TRAVELER AND NOT ADVAMED. SUCH EXPENSES ARE KEPT SEPARATE FROM REIMBURSABLE BUSINESS EXPENDITURES. PERSONAL TRAVEL FOR FAMILY MEMBERS/FRIENDS MAY BE BOOKED THROUGH ADVAMED'S TRAVEL AGENCY BUT ARE IDENTIFIED SEPARATELY AND BILLED DIRECTLY TO THE EMPLOYEE. DUE TO THE FREQUENT TRAVEL SCHEDULE AND DEMANDS ON TIME REQUIRED BY THE POSITION, THE PRESIDENT OF ADVAMED MAY TRAVEL BUSINESS CLASS ON ALL INTERNATIONAL FLIGHTS AND FOR TRAVEL OVER 4 HOURS, WHERE SUCH SEATING IS AVAILABLE. SPOUSE'S TRAVEL WILL BE REIMBURSED ONLY WHERE SPOUSE'S ATTENDANCE IS REQUIRED FOR BUSINESS PURPOSES. TRAVEL IS NOT INCLUDED IN TAXABLE INCOME. ADVAMED'S CEO RECEIVED NONTAXABLE SOCIAL CLUB DUES AT THE AMOUNT OF $5,400 DURING 2011. ANDREW FISH X 1656 1173 0 0 1 1173 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: (A) NAME OF PERSON: ANDREW FISH(A) PURPOSE OF LOAN: COMPUTER LOAN(B) LOAN TO OR FROM ORGANIZATION? = FROM(C) ORIGINAL PRINCIPAL AMOUNT $ 1,656. (D) BALANCE DUE $ 1,173.(E) LOAN IN DEFAULT? = NO(F) APPROVED BY BOARD OR COMMITTEE? = NO(G) WRITTEN AGREEMENT? = YES FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS TWO CLASSES OF MEMBERSHIPS - ACTIVE AND ASSOCIATE. ANY FIRM OR CORPORATION WHICH, THROUGH ITSELF OR THROUGH ANY OF ITS SUBSIDIARIES OR DIVISIONS, IS SIGNIFICANTLY ENGAGED IN THE MANUFACTURE OF AND/OR THE RESEARCH WITH THE INTENT TO MANUFACTURE MEDICAL DEVICES, DIAGNOSTIC PRODUCTS AND/OR HEALTH CARE INFORMATION SYSTEMS WITHIN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, SHALL BE ELIGIBLE FOR ACTIVE MEMBERSHIP. ANY COMPANY OR ORGANIZATION MAY BE ELIGIBLE AS AN ASSOCIATE MEMBER, IN ACCORDANCE WITH SUCH RULES AND REGULATIONS AS THE BOARD OF DIRECTORS OF THE ASSOCIATION MAY ADOPT ESTABLISHING A CLASS OR CLASSES OF ASSOCIATE MEMBERS AND DETERMINING ELIGIBILITY FOR MEMBERSHIP IN SUCH CLASS OR CLASSES. ASSOCIATE MEMBERS MAY PARTICIPATE IN SUCH AFFAIRS OF THE ASSOCIATION AS MAY BE DETERMINED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A EACH ACTIVE MEMBER IN GOOD STANDING SHALL BE ENTITLED TO ONE VOTE ON ANY QUESTION COMING BEFORE THE GENERAL MEMBERSHIP, INCLUDING THE ELECTION OF THE BOARD OF DIRECTORS ANNUALLY. THE BOARD NOMINATING AND GOVERNANCE COMMITTEE PRESENTS A PROPOSED SLATE OF DIRECTORS BI-ANNUALLY TO THE MEMBERSHIP FOR VOTE. EACH ACTIVE MEMBER SHALL, IN WRITING, DESIGNATE ITS OFFICIAL REPRESENTATIVE TO VOTE AND REPRESENT THAT MEMBER IN ALL OF THE AFFAIRS OF THE ASSOCIATION, INCLUDING THE HOLDING OF OFFICE. FORM 990, PART VI, SECTION A, LINE 7B EACH ACTIVE MEMBER IN GOOD STANDING SHALL BE ENTITLED TO ONE VOTE ON ANY QUESTION COMING BEFORE THE GENERAL MEMBERSHIP. EACH ACTIVE MEMBER SHALL, IN WRITING, DESIGNATE ITS OFFICIAL REPRESENTATIVE TO VOTE AND REPRESENT THAT MEMBER IN ALL OF THE AFFAIRS OF THE ASSOCIATION, INCLUDING THE HOLDING OF OFFICE. SUCH OFFICIAL REPRESENTATIVE SHALL BE THE CHIEF EXECUTIVE OFFICER OR CHIEF OPERATING OFFICER OF THE MEMBER OR SUCH OTHER SENIOR OPERATING OFFICER AS THE CHIEF EXECUTIVE OFFICER MAY DESIGNATE. FORM 990, PART VI, SECTION B, LINE 11 AT ITS MEETING IN DECEMBER 2008, THE BOARD OF DIRECTORS RESOLVED TO DELEGATE ITS AUTHORITY FOR THE REVIEW AND APPROVAL OF THE FORM 990 TO THE BOARD COMMITTEE ON FINANCE, AUDIT AND COMPENSATION (FAC). THE FAC REVIEWS THE 990 FILING BEFORE IT IS MADE WITH THE IRS. THE DRAFT OF THE FORM 990 IS MADE AVAILABLE FOR REVIEW BY ALL BOARD MEMBERS ON THE BOARD OF DIRECTORS SECTION OF ADVAMED'S WEBSITE PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ADVAMED HAS IN PLACE A CONFLICT OF INTEREST POLICY THAT IS MONITORED REGULARLY. EXCERPTS FROM THE POLICY RELATED TO THIS QUESTION ARE SHOWN BELOW: THE CONFLICT OF INTEREST POLICY OF ADVAMED: (1) DEFINES CONFLICTS OF INTEREST; (2) IDENTIFIES CLASSES OF INDIVIDUALS WITHIN THE ASSOCIATION COVERED BY THIS POLICY; (3) FACILITATES DISCLOSURE OF INFORMATION THAT MAY HELP IDENTIFY CONFLICTS OF INTEREST; AND (4) SPECIFIES PROCEDURES TO BE FOLLOWED IN MANAGING CONFLICTS OF INTEREST. 1. A CONFLICT OF INTEREST ARISES WHEN A PERSON IN A POSITION OF AUTHORITY OVER THE ASSOCIATION MAY BENEFIT FINANCIALLY FROM A DECISION HE OR SHE COULD MAKE IN THAT CAPACITY, INCLUDING INDIRECT BENEFITS SUCH AS TO FAMILY MEMBERS OR BUSINESSES WITH WHICH THE PERSON IS CLOSELY ASSOCIATED. ADVAMED'S POLICY IS FOCUSED UPON MATERIAL FINANCIAL INTEREST OF, OR BENEFIT TO, SUCH PERSONS. 2. PERSONS COVERED BY THIS POLICY ARE THE ASSOCIATION'S STAFF OFFICERS, DIRECTORS, CHIEF EXECUTIVE OFFICER, AND CHIEF ADMINISTRATIVE OFFICER. 3. PERSONS COVERED BY THIS POLICY ANNUALLY DISCLOSE TO THE GENERAL COUNSEL ON A FORM PROVIDED BY THE ASSOCIATION THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST, SUCH AS A LIST OF FAMILY MEMBERS, SUBSTANTIAL BUSINESS OR INVESTMENT HOLDINGS, AND OTHER TRANSACTIONS OR AFFILIATIONS WITH BUSINESSES AND OTHER ORGANIZATIONS OR THOSE OF FAMILY MEMBERS. 4. FOR EACH INTEREST DISCLOSED TO THE GENERAL COUNSEL, THE GENERAL COUNSEL WILL DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THIS POLICY; (C) ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ASSOCIATION; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ASSOCIATION OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ASSOCIATION'S REMOVAL PROCEDURES. THE ASSOCIATION'S CHIEF ADMINISTRATIVE OFFICER AND VICE PRESIDENT OF FINANCE WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE CHAIRMAN OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. INTERESTS IN MEMBER COMPANIES: AT TIMES, ADVAMED STAFF AND/OR DIRECTORS MAY BE AWARE OF THE SIGNIFICANT AMOUNT OF INTEREST GENERATED IN CONNECTION WITH NEW PRODUCT DEVELOPMENT, SALES AND PROFITS, PRODUCT REGULATORY STATUS, AND ACQUISITIONS IN THE HEALTH CARE TECHNOLOGY INDUSTRY. THUS, ANYONE IN POSSESSION OF MATERIAL INFORMATION NOT GENERALLY AVAILABLE TO THE INVESTING PUBLIC MUST, IN ORDER TO COMPLY WITH THIS POLICY, EITHER DISCLOSE THAT KNOWLEDGE OR REFRAIN FROM TRADING IN THE STOCK. IN ADDITION, THE PURCHASE OF STOCK IN MEMBER COMPANIES CAN LEAD TO THE APPEARANCE THAT A MEMBER OF THE STAFF AND/OR BOARD OF DIRECTORS IS FAVORING THE INTERESTS OF THAT COMPANY BECAUSE OF SUCH FINANCIAL INTEREST. EVEN IF THERE IS NO ACTUAL CONFLICT OF INTEREST, THE APPEARANCE OF IMPROPRIETY MUST BE AVOIDED. NO EMPLOYEE OF THE ASSOCIATION OR MEMBER OF ITS BOARD OF DIRECTORS, EITHER IN HIS OR HER OWN NAME, OR IN THE NAME OF HIS OR HER SPOUSE OR CHILDREN, MAY PURCHASE STOCK IN ANY MEMBER COMPANY WITHOUT ADVISING THE ASSOCIATION PRESIDENT OF SUCH OWNERSHIP OR CONTEMPLATED OWNERSHIP. IN 2010, ADVAMED REQUIRED EMPLOYEES AND DIRECTORS TO SUBMIT AN ANNUAL FINANCIAL DISCLOSURE STATEMENT TO THE GENERAL COUNSEL REGARDING HOLDINGS IN MEMBER COMPANIES. AFTER REVIEW OF THE COMPLETED FORMS BY THE GENERAL COUNSEL, POTENTIAL CONFLICTS ARE REPORTED TO THE PRESIDENT, WHO REPORTS ANY SUCH DISCLOSURES TO THE CHAIRMAN OF THE BOARD OF DIRECTORS. INTERESTS IN ENTITIES DOING BUSINESS WITH ADVAMED: IN THE COURSE OF ITS DAY-TO-DAY OPERATIONS, ADVAMED CONTRACTS WITH NUMEROUS FIRMS THAT PROVIDE GOODS AND SERVICES. IT IS IMPORTANT THAT THESE FIRMS ARE CHOSEN FOR BUSINESS PURPOSES AND NOT BECAUSE THEY ARE INAPPROPRIATELY FAVORED BY ADVAMED EMPLOYEES OR DIRECTORS WHO MAY HAVE A FINANCIAL INTEREST IN PARTICULAR TRANSACTIONS. ACCORDINGLY, ADVAMED EMPLOYEES AND DIRECTORS MUST DISCLOSE, ON AN ONGOING BASIS, ANY FINANCIAL INTEREST IN A COMPANY WITH WHICH ADVAMED CONTRACTS, OR IS CONSIDERING. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS INCLUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY THE BOARD COMMITTEE ON FINANCE, AUDIT AND COMPENSATION OF THE ASSOCIATION; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. 1. REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD COMMITTEE ON FINANCE, AUDIT AND COMPENSATION OF THE ASSOCIATION, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 2. USE OF DATA AS TO COMPARABLE COMPENSATION. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. 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 VI, LINE 16A THE ASSOCIATION FORMED A LIMITED LIABILITY COMPANY CALLED MEDTECH CONFERENCE PARTNERS, LLC WITH LIFE SCIENCES CONFERENCE GROUP LLC (LSCG) TO OWN AND OPERATE THE ANNUAL CONFERENCE. 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. INSTITUTE FOR HEALTH TECHNOLOGY STUDIES 1319 F STREET NW STE 900 WASHINGTON DC 20004 522281033 PROVIDE SUPPORT FOR MEDICAL DEVICE RESEARCH DC 501(C)(3) LINE 11A, I ADVANCED MEDICAL TECHNOLOGY ASSOCIATION 1 ADVANCED MEDICAL TECHNOLOGY ASSOCIATION POLITICAL ACTION COMMITTEE 701 PENNSYLVANIA AVENUE NW STE 800 WASHINGTON DC 20004 POLITICAL ACTION COMMITTEE DC 527 ADVANCED MEDICAL TECHNOLOGY ASSOCIATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 INSTITUTE FOR HEALTH TECHNOLOGY STUDIES P 990838 CASH