2012-04-12T08:51:52-05:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 2900 SOUTH QUINCY ST SUITE 150 ARLINGTON VA 22206 990 2011-01-01 846045987 NATIONAL AUTO AUCTION ASSOCIATION NATI 3016960400 5320 SPECTRUM DRIVE NO D FREDERICK MD 21703 STEVEN MCCONNAUGHEY 3016960400 2012-03-30 1 YUNG-HEE GALLINARO P00035273 7039985100 2011 2016-02-24 21:20:13Z FRANK HACKETT 5320 SPECTRUM DRIVE NO D FREDERICK MD 21703 6233867 0 X WWW.NAAA.COM X 1953 CO TO MAXIMIZE MEMBER EDUCATION AND PROVIDE EFFECTIVE MARKETING SERVICES TO AUCTION CUSTOMERS 19 19 7 90 36168 -500 0 0 2477989 1961816 204446 262733 456457 450695 3138892 2675244 0 320 0 0 643864 770261 0 0 0 2205597 1808133 2849461 2578714 289431 96530 3824676 3772492 559653 596704 3265023 3175788 THE NATIONAL AUTO AUCTION ASSOCIATION PROVIDES A UNIFIED VOICE FOR THE AUTO AUCTION INDUSTRY, PROTECTS AND PROMOTES THE INTERESTS OF ITS MEMBERS AND LEADS WITH THE HIGHEST ETHICAL STANDARDS. 0 0 ANNUAL MEETINGTO PROVIDE FORUM AND NETWORKING OF MEMBERS AND THOSE INTERESTED IN THE WHOLESALE AUTO AUCTION INDUSTRY. MEMBERSHIP SERVICESNATIONAL AUTO AUCTION ASSOCIATION MEMBER SERVICES INCLUDE A WIDE RANGE OF EDUCATIONAL OFFERINGS, INCLUDING TRAINING, INDUSTRY STANDARDS AND CERTIFICATION; PUBLIC RELATIONS, INDUSTRY AND GOVERNMENT REPRESENTATION. THE DEPARTMENT ALSO PROVIDES A SPRING BUSINESS MEETING/ANNUAL CONVENTION AND EXPOSITION. NATIONAL AUTO AUCTION ASSOCIATION SERVICES CORPORATION, A SEPARATE REVENUE PRODUCING CORPORATION ALSO BENEFITS MEMBERS. THE ORGANIZATION ALSO PRINTS A MEMBERSHIP DIRECTORY TO FACILITATE COMMUNICATION WITH MEMBERS AND ALLOW NON-MEMBERS TO CONTACT MEMBERS. 0 0 0 1 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 26 0 1 7 1 1 1 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X X STEVEN MCCONNAUGHEY 3016960400 5320 SPECTRUM DRIVE SUITE D FREDERICK MD 21703 CHARLOTTE PYLE 5.00 X X 0 0 0 PAUL LIPS 5.00 X X 0 0 0 JACK NESHE 5.00 X X 0 0 0 JAY CADIGAN 5.00 X X 0 0 0 DAVE ANGELICCHIO 5.00 X X 0 0 0 WARREN BYRD 5.00 X X 0 0 0 WARREN YOUNG SR 0.00 X X 0 0 0 CHAD BAILEY 1.00 X 0 0 0 DAVID BLAKE 1.00 X 0 0 0 DOUG BRASHER 1.00 X 0 0 0 DARYL DEVRIES 1.00 X 0 0 0 MARK GREB 1.00 X 0 0 0 BRAD HART 1.00 X 0 0 0 KEITH LELUX 1.00 X 0 0 0 RICH NEWEY 1.00 X 0 0 0 JOHN POTEET 1.00 X 0 0 0 BILL SMITH 1.00 X 0 0 0 STEPHANIE ST HILAIRE 1.00 X 0 0 0 KURT ZEBAL 1.00 X 0 0 0 FRANK HACKETT 40.00 X 204082 0 52118 STEVEN MCCONNAUGHEY 40.00 X 91758 0 8125 295840 0 60243 1 0 1 0 HYATT REGENCY CHICAGO 151 E WACKER DRIVE CHICAGO IL 60601 LODGING, F&B, AVISUAL 439882 PRA DESTINATION MGTSVCS CHICAGO 360 NORTH MICHIGAN AVE STE 1003 CHICAGO IL 60601 MEETING MGT SVCS 116577 IRA SILVER PHD 4601 EATON COURT PLANO TX 75093 ECONOMIC REVIEW SVCS 103306 3 ANNUAL CONVENTION 441100 1006864 1006864 MEMBERSHIP DUES 441100 728009 728009 MEETING REVENUE 441100 176700 176700 PUBLICATIONS 511140 44193 8025 36168 APPLICATION FEES 441100 6050 6050 1961816 60859 60859 387095 387095 3760497 3558623 201874 201874 201874 MANAGEMENT FEES 561000 63600 63600 63600 2675244 1989248 36168 649828 320 356083 272295 60063 37196 44624 116368 21398 30653 143581 55725 202093 23085 62318 67795 972176 2900 11433 31556 REPAIRS & MAINTENANCE 25150 DIRECTORY PRINTING 22568 PERSONNEL TRAINING & DE 9921 MISCELLANEOUS 8807 606 2578714 57175 72293 601900 753047 73161 43082 79271 125358 332450 310699 21505 21751 2988641 2733559 1000 1000 2023 22402 3824676 3772492 59456 40824 379012 369127 120790 166374 395 20379 559653 596704 X 3265023 3175788 3265023 3175788 3824676 3772492 X 96530 -185765 X X 0 1 1 X 0 0 0 1 728009 60718 28503 89221 65521 23700 0 1 17670 17670 314780 310699 4081 21751 DEFERRED COMPENSATION 20379 20379 PART IV, LINE 2B: THE ASSOCIATION COLLECTS CONTRIBUTIONS AND PAYS EXPENSES ON BEHALF OF THE INDEPENDENT AUCTION ADVISORY COMMITTEE. THE ASSOCIATION HAS NO CONTROL OVER THESE FUNDS AND, THEREFORE, THESE FUNDS ARE RECORDED AS A LIABILITY ON THE FINANCIAL STATEMENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION'S AND THE NATIONAL AUTO AUCTION ASSOCIATION SERVICES CORPORATION, INC'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ASSOCIATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE TAX RETURNS FOR THE FISCAL YEARS ENDED 2008 THROUGH 2010 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. X X X X 0 1 0 FRANK HACKETT 162000 0 12000 0 30082 0 25500 0 26618 0 256200 0 0 0 PART I, LINE 4B FRANK HACKETT; 457(F) DEFERRED COMPENSATION PLAN - $3,500 FORM 990, PART VI, SECTION A, LINE 1 THERE SHALL BE AN EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT, PRESIDENT-ELECT, VICE-PRESIDENT, SECRETARY, TREASURER, CHAIRMAN OF THE BOARD, AND PRESIDENT-EMERITUS, IF ANY. THE EXECUTIVE COMMITTEE MAY EXERCISE THE POWERS OF THE BOARD WHEN THE BOARD IS NOT IN SESSION, REPORTING TO THE BOARD AT ITS SUCCEEDING MEETING OF ANY ACTION TAKEN. THE BOARD MAY, HOWEVER, LIMIT THE AUTHORITY OF THE EXECUTIVE COMMITTEE AS THE BOARD MAY FROM TIME TO TIME DEEM ADVISABLE. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS REGULAR MEMBERS WHICH ARE WHOLESALE AUTO AUCTIONS AND ASSOCIATE MEMBERS WHO ARE EITHER REMARKETERS OR SUPPLIERS THAT DO BUSINESS IN THE WHOLESALE AUTO AUCTION BUSINESS. FORM 990, PART VI, SECTION A, LINE 7A ALL REGULAR MEMBERS, BEING A WHOLESALE MEMBER AUCTION, HAS ONE VOTE AND ALL DIRECTORS AND OFFICERS ARE ELECTED BY THE MEMBERS AT THE ANNUAL MEETING OF THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT AND BY THE FINANCE AND BUDGET COMMITTEE. THE DRAFT 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FINALIZATION FOR THEIR REVIEW AND COMMENTS. ONCE APPROVED THE FORM 990 WILL BE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED BY THE BOARD OF DIRECTORS AND COMMITTEE CHAIRS PRIOR TO EACH MEETING OF THE ORGANIZATION AND ALL CONFLICTS OF INTEREST ARE RECOGNIZED AND ADDRESSED AT THAT TIME. THE POLICY APPLIES TO THE ASSOCIATIONS'S BOARD MEMBERS, COMMITTEE MEMBERS, AND ANY ASSOCIATION MEMBER OR REPRESENTATIVE HAVING THE RIGHT TO VOTE ON MATTERS AFFECTING THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE REVIEWED BY THE COMPENSATION COMMITTEE WHO MAKES RECOMMENDATIONS FOR APPROVAL BY THE BOARD BASED ON COMPENSATION SURVEYS. THIS PROCESS WAS LAST COMPLETED IN 2011. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON THE ASSOCIATION'S WEBSITE. THE ASSOCIATION DOES NOT MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -185,765. NATIONAL AUTO AUCTION ASSOCIATION DID NOT CHANGE ITS OVERSIGHT PROCESS FORM 990, PART XII, LINE 2C FROM THE PRIOR YEAR. NAAA SERVICES CORPORATION INC 5320 SPECTRUM DRIVE SUITE D FREDERICK MD 21703 522011985 MARKETING MD C 1407533 1940860 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 NAAA SERVICES CORPORATION INC N 63600 ACTUAL COST REIMBURSEMENTS NAAA SERVICES CORPORATION INC C 22568 BOOK VALUE