NATIONAL AUTO AUCTION ASSOCIATION INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
NATIONAL AUTO AUCTION ASSOCIATION INC (EIN 84-6045987)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-03-15
IRS object ID
201110749349300666
Schema version
2010v3.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-03-15T13:08:48-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1LARSONALLEN LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line12900 SOUTH QUINCY ST SUITE 150AddressLine1
CityARLINGTONCity
StateVAState
ZIP Code22206ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN846045987EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1NATIONAL AUTO AUCTION ASSOCIATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlNATINameControl
Phone3016960400Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line15320 SPECTRUM DRIVE SUITE D NO DAddressLine1
CityFREDERICKCity
StateMDState
ZIP Code21703ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSTEVEN MCCONNAUGHEYName
TitleCFOTitle
Phone3016960400Phone
Date Signed2011-03-05DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Phone7039985100Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonSTEVEN MCCONNAUGHEYNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line15320 SPECTRUM DRIVE SUITE D NO DAddressLine1
CityFREDERICKCity
StateMDState
ZIP Code21703ZIPCode
FieldValueIRS element (for citing)
Gross Receipts5630051GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteWWW.NAAA.COMWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1953YearFormation
State Legal DomicileCOStateLegalDomicile
Activity Or Mission DescriptionTO MAXIMIZE MEMBER EDUCATION AND PROVIDE EFFECTIVE MARKETING SERVICES TO AUCTION CUSTOMERSActivityOrMissionDescription
Nbr Voting Members Governing Body19NbrVotingMembersGoverningBody
Nbr Independent Voting Members19NbrIndependentVotingMembers
Total Nbr Employees6TotalNbrEmployees
Total Nbr Volunteers90TotalNbrVolunteers
Total Gross UBI16700TotalGrossUBI
Net Unrelated Business Txbl Income15807NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year1761688ProgramServiceRevenuePriorYear
Program Service Revenue CY2477989ProgramServiceRevenueCY
Investment Income Prior Year29787InvestmentIncomePriorYear
Investment Income Current Year204446InvestmentIncomeCurrentYear
Other Revenue Prior Year441352OtherRevenuePriorYear
Other Revenue Current Year456457OtherRevenueCurrentYear
Total Revenue Prior Year2232827TotalRevenuePriorYear
Total Revenue Current Year3138892TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year604610SalariesEtcPriorYear
Salaries Etc Current Year643864SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year1721035OtherExpensePriorYear
Other Expenses Current Year2205597OtherExpensesCurrentYear
Total Expenses Prior Year2325645TotalExpensesPriorYear
Total Expenses Current Year2849461TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-92818RevenuesLessExpensesPriorYear
Revenues Less Expenses CY289431RevenuesLessExpensesCY
Total Assets BOY3480750TotalAssetsBOY
Total Assets EOY3824676TotalAssetsEOY
Total Liabilities BOY621500TotalLiabilitiesBOY
Total Liabilities EOY559653TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY2859250NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY3265023NetAssetsOrFundBalancesEOY
Mission DescriptionTHE NAAA MISSION IS TO MAXIMIZE THE EDUCATION OF THE MEMBERS AND PROVIDE THE MOST EFFECTIVE MARKETING SERVICES ALLOWING AUCTION CUSTOMERS THE HIGHEST LEVEL OF SERVICE.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
DescriptionANNUAL MEETING - TO PROVIDE FORUM AND NETWORKING OF MEMBERS AND THOSE INTERESTED IN THE WHOLESALE AUTO AUCTION INDUSTRY.Description

Activity2 Activity2

FieldValueIRS element (for citing)
DescriptionMEMBERSHIP SERVICES - TO HOLD VARIOUS MEETINGS AND TO PROVIDE TRADE PUBLICATION FOR MEMBESHIP.Description
FieldValueIRS element (for citing)
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Subject To Proxy Tax1SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling1CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity1RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109626NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees6NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income1UnrelatedBusinessIncome
Form990-T Filed1Form990-TFiled
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members19NbrVotingGoverningBodyMembers
Number Independent Voting Members19NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters1LocalChapters
Policies Reference Chapters1PoliciesReferenceChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledMDStatesWhereCopyOfReturnIsFiled
Own WebsiteXOwnWebsite
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1STEVEN MCCONNAUGHEYBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number3016960400TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line15320 SPECTRUM DRIVE SUITE DAddressLine1
CityFREDERICKCity
StateMDState
ZIP Code21703ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (21 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
JAY CADIGAN
PRESIDENT5.00XX000
CHARLOTTE PYLE
PRESIDENT-ELECT5.00XX000
PAUL LIPS
VICE PRESIDENT5.00XX000
MIKE BROE
TREASURER5.00XX000
WARREN BYRD
SECRETARY5.00XX000
DAVE ANGELICCHIO
CHAIRMAN OF THE BOARD5.00XX000
WARREN YOUNG SR
PRESIDENT-EMERITUS0.00XX000
DAVE BLAKE
DIRECTOR1.00X000
KEITH COATS
DIRECTOR1.00X000
DARYL DEVRIES
DIRECTOR1.00X000
CHET GOINS
DIRECTOR1.00X000
MARK GREB
DIRECTOR1.00X000
KARL KIRACOFE
DIRECTOR1.00X000
KEITH LELUX
DIRECTOR1.00X000
BILL SMITH
DIRECTOR1.00X000
STEPHANE ST HILAIRE
DIRECTOR1.00X000
DAVE TAYLOR
DIRECTOR1.00X000
BONNIE WILLIAMS
DIRECTOR1.00X000
KURT ZABEL
DIRECTOR1.00X000
FRANK HACKETT
EXECUTIVE DIRECTOR40.00X174277051238
STEVEN A MCCONNAUGHEY
CFO40.00X87000015881
FieldValueIRS element (for citing)
Total Reportable Comp From Org261277TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation67119TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (4 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
HILTON NEW YORK
1335 SIXTH AVENUENEW YORKNY10019CONVENTION SERVICES451680
SILVERMAN GROUP INC
436 ORANGE STREETNEW HAVENCT06511MARKETING SERVICES136250
PRA DESTINATION MANAGEMENT - NEW YORK
20 WATERSIDE PLAZANEW YORKNY10010DESTINATION MANAGEMENT SERVICES130289
LT EVENTION
3280 W SUNSET RDLAS VEGASNV89118MEETING ENTERTAINMENT105000
FieldValueIRS element (for citing)
Number Of Contractors GT100 K4NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenue
MEMBERSHIP DUES44110011140351114035
ANNUAL CONVENTION44110010150641015064
MEETINGS441100319900319900
PUBLICATIONS51114024690799016700
APPLICATION FEES44110043004300
FieldValueIRS element (for citing)
Total Program Service Revenue2477989TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column67112TotalRevenueColumn
Exclusion$67,112ExclusionAmount

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column387543TotalRevenueColumn
Exclusion$387,543ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities2628493Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities2491159Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities137334Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column137334TotalRevenueColumn
Exclusion$137,334ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
MANAGEMENT FEES5610006372263722
OTHER INCOME56100051925192
FieldValueIRS element (for citing)
Total Other Revenue68914TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column3138892TotalRevenueColumn
Related Or Exempt Function Income2530203RelatedOrExemptFunctionIncome
Unrelated Business Revenue16700UnrelatedBusinessRevenue
Exclusion$591,989ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total328396Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total236311Total

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total15855Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total27447Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total35855Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total51443Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total20990Total

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total56017Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total28730Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total168363Total

Advertising Advertising

FieldValueIRS element (for citing)
Total60572Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total280889Total

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total6957Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total63853Total

Travel Travel

FieldValueIRS element (for citing)
Total120291Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total1270180Total

Interest Interest

FieldValueIRS element (for citing)
Total325Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total17964Total

Insurance Insurance

FieldValueIRS element (for citing)
Total33386Total

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotal
DIRECTORY PRINTING17894
SALES AND USE TAX7743

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2849461Total

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY247508BOY
EOY57175EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY325000BOY
EOY601900EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY79934BOY
EOY73161EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY108460BOY
EOY79271EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis364257LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec342752LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY17144BOY
EOY21505EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY2699681BOY
EOY2988641EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY1000BOY
EOY1000EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY2023BOY
EOY2023EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY3480750BOY
EOY3824676EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY36601BOY
EOY59456EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY330272BOY
EOY379012EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY251501BOY
EOY120790EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY3126BOY
EOY395EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY621500BOY
EOY559653EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY2859250BOY
EOY3265023EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY2859250BOY
EOY3265023EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY3480750BOY
EOY3824676EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses289431ReconcilationRevenueExpenses
Reconcilation Other Changes116342ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nondeduct0SubstantiallyAllDuesNondeduct
Only In House Lobbying0OnlyInHouseLobbying
Agree To Carryover Prior Year1AgreeToCarryoverPriorYear
Dues Assessments1120164DuesAssessments
Non Ded Lobby Political Current56017NonDedLobbyPoliticalCurrent
Non Ded Lobby Political Carryover31496NonDedLobbyPoliticalCarryover
Non Ded Lobby Political Total87513NonDedLobbyPoliticalTotal
Aggr Amt Reported In Dues Notices59010AggrAmtReportedInDuesNotices
Amount To Be Carried Over28503AmountToBeCarriedOver

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtc
Included On FS1IncludedOnFS

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis17670OtherCostOrOtherBasis
Depreciation16848Depreciation
Book Value822BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis346587OtherCostOrOtherBasis
Depreciation325904Depreciation
Book Value20683BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings21505TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionCAPITAL LEASE PAYABLEDescription
Amount$395Amount
FieldValueIRS element (for citing)
Total Of Amounts395TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
Return ReferencePART IV, LINE 2B:ReturnReference
ExplanationTHE 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.Explanation

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained0RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1NAAA WARREN YOUNG SR SCHOLASTIC FOUNDATIONBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line15320-D SPECTRUM DRAddressLine1
CityFREDERICKCity
StateMDState
ZIP Code217037337ZIPCode
FieldValueIRS element (for citing)
EIN Of Recipient050604611EINOfRecipient
IRC Section501C3IRCSection
Amount Of Cash Grant5359AmountOfCashGrant
Purpose Of GrantTO PROVIDE SUPPORT FOR GENERAL OPERATIONS.PurposeOfGrant
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants1TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations0TotalNbrOfOtherOrganizations

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsXTravelForCompanions
Written Policy Re T And E Expenses1WrittenPolicyReTAndEExpenses
Substantiation Required1SubstantiationRequired
Compensation CommitteeXCompensationCommittee
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonFRANK HACKETTNamePerson
Base Compensation Filing Org155000BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org9000BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org10277OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org27880DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org23358NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org225515TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION A, LINE 1ALL EXECUTIVE COMMITTEE MEMBERS ARE CONSIDERED BOARD MEMBERS AND ARE THE OFFICERS OF THE ASSOCIATION. ALL DECISIONS MADE BY THE EXECUTIVE COMMITTEE MUST BE RATIFIED BY THE FULL BOARD AT THE ANNUAL BOARD MEETING.
FORM 990, PART VI, SECTION A, LINE 6THE ASSCOATION 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 7AALL 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 11THE 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.
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 12C
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 2010.FORM 990, PART VI, SECTION B, LINE 15
THE ASSOCIATION MAKES 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.FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:NET UNREALIZED GAINS ON INVESTMENTS: 116,342.FORM 990, PART XI, LINE 5:
RESPONSIBILITY FOR OVERSIGHT OF THE AUDITTHE PROCESS HAS NOT CHANGED FROM PRIOR YEARFORM 990, PART XII, LINE 2C

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

FieldValueIRS element (for citing)
Business Name Line1NAAA SERVICES CORPORATION INCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line15320 SPECTRUM DRIVE SUITE DAddressLine1
CityFREDERICKCity
StateMDState
ZIP Code21703ZIPCode
FieldValueIRS element (for citing)
EIN522011985EIN
Primary ActivityMARKETINGPrimaryActivity
Legal Domicile StateMDLegalDomicileState
Type Of EntityCTypeOfEntity
Share Of Total Income847527ShareOfTotalIncome
Share Of EOY Assets1406582ShareOfEOYAssets
Percentage Ownership1.00000PercentageOwnership
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org1GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org1SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolvedMethod Of Amt DeterminationMethodOfAmtDetermination
NAAA SERVICES CORPORATION INC
P63722ACTUAL COST REIMBURSEMENTS
NAAA SERVICES CORPORATION INC
C18000
NAAA SERVICES CORPORATION INC
F16700SALE OF ADVERTISING

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