2012-08-09T15:17:44-05:00 2011-12-31 420714325 MCGLADREY LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2011-01-01 360724325 Foundation of the American College of Healthcare Executives FOUN 3124242800 One North Franklin Suite 1700 Chicago IL 60606 Thomas C Dolan PhD 3124242800 2012-08-09 1 Zack Fortsch P00052725 3126343400 2011 2016-02-24 21:20:13Z Thomas C Dolan PhD One North Franklin Suite 1700 Chicago IL 60606 28243696 0 X www.ache.org X 1944 IL Conduct research activities and provide continuing education opportunities through seminars, workshops, conferences, and publications. 15 15 0 150 0 0 217831 268974 9082712 9279063 799965 2185086 4273957 4604559 14374465 16337682 93088 76056 0 0 2722605 2535509 33000 7500 401606 8627941 8724975 11476634 11344040 2897831 4993642 35665006 38870913 2793484 2887919 32871522 35982994 X The mission of Foundation of the American College of Healthcare Executives ("The Foundation") is to produce educational programs and publications that further the healthcare executive community. Its educational offerings include the annual Congress on Healthcare Leadership, which draws more than 4,000 participants each year. The Foundation's publishing division, Health Administration Press, is one of the largest publishers of books and journals on all aspects of health services management including textbooks for use in college and university courses. The division of research conducts research in multpile healthcare management areas, including career attainments of healthcare executives and trends affecting the profession. A philanthropic initiative of the Foundation was created to bring innovation to the forefront of healthcare leadership. Through such efforts, the Foundation works toward its goal of improving healthcare delivery. 0 0 1608099 4694953 The Foundation's seminars, conferences, and distant learning programs provide special opportunities for healthcare executives to learn from colleagues at national and regional events. The programs feature speakers who address a broad spectrum of healthcare management and executive leadership topics. 3600363 0 4637350 Publication of Educational Books and Journals - Health Administration Press (HAP), the publishing division of ACHE, publishes management books, textbooks used in healthcare administration programs at universities, and journals, including Frontiers of Health Services Management and the Journal of Healthcare Management. HAP also offers self-study courses. 2239187 0 4035930 The Congress on Healthcare Leadership provides continuing education opportunities, networking and peer-learning, and the latest information to address the challenges faced by healthcare executives. The annual conference was attended by more than 4,000 participants. 919831 76055 0 The department of research conducts research in multiple healthcare management areas, including career attainments of healthcare executives and trends affecting the profession. Studies are done through a variety of formats such as surveys and annual reports that explore current and future issues confronting hospital CEOs and the extent of the hospital CEO turnover among other topics. They also conduct research using interviews, surveys, and focus groups of healthcare executives. The Foundation also administers a voluntary giving program. 919831 76055 8367480 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 364 0 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AK AZ AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X Isaias Lim 3124249333 One North Franklin Suite 1700 Chicago IL 60606 X Christopher D Van Gorder FACHE 1.00 X X 0 0 0 Charles R Evans FACHE 1.00 X X 0 0 0 Paula R Autry FACHE 1.00 X 0 751 0 Donald R Avery FACHE 1.00 X 0 0 0 Frank D Byrne MD FACHE 1.00 X 0 0 0 Kyle D Campbell FACHE 1.00 X 0 0 0 Christine Candio FACHE 1.00 X 0 629 0 Gayle L Capozzalo FACHE 1.00 X X 0 0 0 Richard D Cordova FACHE 1.00 X 0 0 0 Sanford M Garfunkel FACHE 1.00 X 0 0 0 Linda J Knodel FACHE 1.00 X 0 0 0 Edward Lamb FACHE 1.00 X 0 752 0 James Y Lee FACHE 1.00 X 0 0 0 Francisco Lopez IV FACHE 1.00 X 0 0 0 John J Lynch FACHE 1.00 X 0 0 0 Timothy A Ols FACHE 1.00 X 0 0 0 Diana M Smalley FACHE 1.00 X 0 0 0 Darlene Stromstad FACHE 1.00 X 0 899 0 Lori L Wightman FACHE 1.00 X 0 0 0 Rulon F Stacey PHD FACHE 1.00 X X 0 0 0 Stephen C Waldhoff FACHE 1.00 X 0 0 0 Thomas C Dolan PHD FACHE 20.00 X 0 761439 231691 Deborah Jean Bowen FACHE 20.00 X 0 392209 171620 Edmund J Dietrich FACHE 20.00 X 0 199107 24693 Maureen Catherine Glass FACHE 40.00 X 0 190141 29112 Howard Jaye Horwitz FACHE 40.00 X 0 224002 31793 0 1769929 488909 0 0 1 0 Brightkey Inc 9050 Junction Drive Annapolis Junction MD 20701 Order Fulfillment/Warehousing 346208 Take Cover Design 108 Olsen Street Elkhorn WI 53121 Design Services 316483 The Sheridan Press PO Box 414784 Boston MA 022414784 Printing & Mailing 177791 United Fulfillment 9913 S 78th Avenue Hickory Hills IL 60457 Printing & Mailing 155407 Bang Printing Inc PO Box 587 Brainerd MN 56401 Printing & Mailing 139789 6 268974 268974 Educational Conference 611710 8643971 8643971 Publication Revenue 511190 548180 548180 Conference Exhibit Fee 611710 75975 75975 Educational Materials 611710 10937 10937 9279063 788917 788917 303147 303147 12178038 10781869 1396169 1396169 1396169 5213315 1124145 4089170 4089170 Shipping and Handling 900099 195785 195785 16457 16457 212242 16337682 13368233 0 2700475 76056 76056 470563 470563 1635906 1545005 90901 176250 165923 10327 113961 108173 5788 138829 132360 6469 14474 14474 7500 7500 47084 47084 680987 680987 635383 625140 10243 865417 853715 11702 55929 53784 2145 2829948 2826137 3811 25436 25436 Intercompany Charges 3454250 702404 2527870 223976 Dues and Fees 37031 35371 1660 79036 66426 12610 11344040 8367480 2574954 401606 5030706 4375971 8744186 9223899 400527 372174 751599 1024971 260503 270334 100074 78532 3771284 3051910 916929 719374 19038329 22805658 422153 0 35665006 38870913 1580902 1544888 1212582 1289707 0 53324 2793484 2887919 X 28109222 31239057 3452300 3433937 1310000 1310000 32871522 35982994 35665006 38870913 X 4993642 -1882170 X 0 1 1 X 0 X 2536235 2574420 2946216 217831 268974 8543676 10962872 11407308 11528672 13915788 14492378 62307018 13499107 13981728 14474888 14133619 14761352 70850694 0 0 0 70850694 1295663 794037 704151 973143 1092064 4859058 1295663 794037 704151 973143 1092064 4859058 422497 210554 185284 209977 212242 1240554 15217267 14986319 15364323 15316739 16065658 76950306 0.92070 0.89890 0.06310 0.07420 X Schedule A, Part IV, Supplemental Information: Part III, Section B, Line 12: Other Income includes Shipping and Handling Revenue and Miscellaneous Revenue. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2313283 0 -16458 13500 64775 0 2218550 2139335 0 287871 26500 87423 0 2313283 1833774 0 397884 17500 74823 0 2139335 2919720 0 -778505 64730 242711 0 1833774 0.00000 0.59050 0.40950 0 0 979642 655764 323878 1943249 1640759 302490 848393 755387 93006 719374 Due to/from ACHE 53324 53324 Description of Intended Use of Endowment Funds: Part V, Line 4: Foundation of The American College of Healthcare Executives utilizes restricted funds for the specific purpose for which each fund was created. Funds exist to provide healthcare leadership and development support, to support educational lectures, and to provide scholarships, etc. Description of Uncertain Tax Positions Under FIN 48: Part X: The Foundation is a tax-exempt organization under Internal Revenue Code 501(c)(3). The accounting standard on Accounting for Uncertainty in Income Taxes 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, the Organization 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. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBIT). There were no unrecognized tax benefits identified or recorded as liabilities for the reporting periods included in these financial statements. The Foundation files the Form 990 in the U.S. federal jurisdiction and the State of Illinois. The Foundation is generally no longer subject to examination by the Internal Revenue Service for years before 2008. 1 American College of Healthcare Executives One North Franklin Suite 1700 Chicago IL 60606 363208430 501(c)(6) 76056 Program Support 0 1 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The Foundation of the American College of Healthcare Executives releases temporarily restricted special purpose funds as budgeted in accordance with its investment spending policy under the supervision of the CFO. 0 1 0 0 0 0 0 0 0 Thomas C Dolan PHD FACHE 0 567862 0 170689 0 22888 0 213945 0 17746 0 993130 0 0 Deborah Jean Bowen FACHE 0 310412 0 75557 0 6240 0 163353 0 8267 0 563829 0 0 Edmund J Dietrich FACHE 0 164967 0 32686 0 1454 0 22759 0 1934 0 223800 0 0 Maureen Catherine Glass FACHE 0 156338 0 31002 0 2801 0 21772 0 7340 0 219253 0 0 Howard Jaye Horwitz FACHE 0 184489 0 36542 0 2971 0 25059 0 6734 0 255795 0 0 Part I, Line 4b The following individuals participated in a non-qualified retirement plan: Thomas C. Dolan, PhD (Related Organization) $105,787 Deborah Jean Bowen (Related Organization) $99,200 Form 990, Part VI, Section B, line 11 A draft of form 990 was sent to both the Audit Committee and the Board. Each group then met via conference call to discuss the key points of the 990 and allow for discussion. The Audit Committee met on 7/30/2012 and the Board on 8/7/2012. Any changes deemed necessary were made to the returns before the final filing with the IRS. Form 990, Part VI, Section B, line 12c During each Board and Executive Committee meeting, Foundation of the American College of Healthcare Executives' members are afforded the opportunity to declare any conflicts and recuse themselves from a decision if warranted. Each year the conflict of interest policy is re-executed and new conflicts noted. Also, all staff are required to submit an annual statement regarding the conflict of interest policy and their compliance. The Human Resource department ensures that all forms are completed and returned. Form 990, Part VI, Section B, Line 15: Key employees are compensated through a related entity. They have an annual comparability study done and an independent review is done every three years. The CEO is compensated through a related entity. His compensation is established by the following means: use of a compensation committee, independent consultant, compensation studies and approval by the Board Compensation Committee. All discussions are contemporaneously documented. Form 990, Part VI, Section C, line 19 Foundation of the American College of Healthcare Executives makes its by-laws, conflict of interest policy, and a summary of the consolidated audited financial report available to the public at www.ache.org. The full audited financial report is available upon request. Hours Devoted For A Related Organization Form 990, Part VII The following Trustees and Officers have devoted time to American College of Healthcare Executives: Charles R. Evans FACHE - Immediate Past Chair - 5 hours Christopher D. Van Gorder FACHE - Immediate Past Chair & Chairman - 5 hours Paula R. Autry FACHE - Governor - 5 hours Donald R. Avery FACHE - Governor - 5 hours Frank D. Byrne MD FACHE - Governor - 5 hours Kyle D. Campbell FACHE - Governor - 5 hours Christine Candio FACHE - Governor - 5 hours Gayle L. Capozzalo FACHE - Governor & Chairman-Elect - 5 hours Richard D. Cordova FACHE - Governor - 5 hours Sanford M. Garfunkel FACHE - Governor - 5 hours Linda J. Knodel FACHE - Governor - 5 hours Edward Lamb FACHE - Governor - 5 hours James Y. Lee FACHE - Governor - 5 hours Francisco Lopez IV FACHE - Governor - 5 hours John J. Lynch FACHE - Governor - 5 hours Timothy A. Ols FACHE - Governor - 5 hours Diana M. Smalley FACHE - Governor - 5 hours Darlene Stromstad FACHE - Governor - 5 hours Rulon F. Stacey PHD FACHE - Chairman-Elect & Chairman - 5 hours Stephen C. Waldhoff FACHE - Governor - 5 hours Lori L. Wightman FACHE - Governor - 5 hours Thomas C. Dolan PHD FACHE - President & CEO - 20 hours Deborah Jean Bowen FACHE - Executive Vice President/COO - 20 hours Edmund J. Dietrich FACHE - Chief Financial Officer - 20 hours Maureen Catherine Glass FACHE - VP-Health Admin Press - .1 hour Howard Jaye Horwitz FACHE - VP-Professional Development - .1 hour Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -1,882,170. American College of Healthcare Executives One North Franklin Suite 1700 Chicago IL 60606 363208430 Membership IL 501(c)(6) N/A 0 Professional Society Services Inc & Subs One North Franklin Suite 1700 Chicago IL 60606 363313467 Management Services IL American College of Healthcare Executives C 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 American College of Healthcare Executives B 76056 Cost American College of Healthcare Executives O 3454250 Cost American College of Healthcare Executives R 53324 Cost Form 990, Schedule R, Part V, Line 2 The following transactions do not constitute unrelated business income for either entity under Section 512(b)(13). Under Rev Rul 71-529, income derived from management and administrative services do not constitute unrelated business income. Transaction Type 'B', Gift, Grant, or Capital Contribution to Other Organizations. Foundation of American College of Healthcare Executives gives contributions to American College of Healthcare Executives to use in connection with their exempt purpose. Transaction Type 'O', Reimbursement Paid for Expenses. American College of Healthcare Executives is reimbursed by Foundation of the American College of Healthcare Executives for expenses paid on the Foundation's behalf. Reimbursement is based on actual amounts paid by American College of Healthcare Executives and no mark-up is added. Reimbursement is made through an intercompany account maintained by the two organizations. Transaction Type "R", Other transfers of cash or property from other organizations. The valuation of such costs is based on actual intercompany transactions between Foundation of the American College of Healthcare Executives and American College of Healthcare Executives.