2011-03-15T13:08:48-05:00 2010-12-31 LARSONALLEN LLP 2900 SOUTH QUINCY ST SUITE 150 ARLINGTON VA 22206 990 2010-01-01 846045987 NATIONAL AUTO AUCTION ASSOCIATION NATI 3016960400 5320 SPECTRUM DRIVE SUITE D NO D FREDERICK MD 21703 STEVEN MCCONNAUGHEY 3016960400 2011-03-05 1 7039985100 2010 2016-02-24 21:20:13Z STEVEN MCCONNAUGHEY 5320 SPECTRUM DRIVE SUITE D NO D FREDERICK MD 21703 5630051 0 X WWW.NAAA.COM X 1953 CO TO MAXIMIZE MEMBER EDUCATION AND PROVIDE EFFECTIVE MARKETING SERVICES TO AUCTION CUSTOMERS 19 19 6 90 16700 15807 0 0 1761688 2477989 29787 204446 441352 456457 2232827 3138892 0 0 0 0 604610 643864 0 0 0 1721035 2205597 2325645 2849461 -92818 289431 3480750 3824676 621500 559653 2859250 3265023 THE 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. 0 0 ANNUAL MEETING - TO PROVIDE FORUM AND NETWORKING OF MEMBERS AND THOSE INTERESTED IN THE WHOLESALE AUTO AUCTION INDUSTRY. MEMBERSHIP SERVICES - TO HOLD VARIOUS MEETINGS AND TO PROVIDE TRADE PUBLICATION FOR MEMBESHIP. 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 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 1 1 0 0 1 26 0 1 6 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 MD X X X STEVEN MCCONNAUGHEY 3016960400 5320 SPECTRUM DRIVE SUITE D FREDERICK MD 21703 JAY CADIGAN 5.00 X X 0 0 0 CHARLOTTE PYLE 5.00 X X 0 0 0 PAUL LIPS 5.00 X X 0 0 0 MIKE BROE 5.00 X X 0 0 0 WARREN BYRD 5.00 X X 0 0 0 DAVE ANGELICCHIO 5.00 X X 0 0 0 WARREN YOUNG SR 0.00 X X 0 0 0 DAVE BLAKE 1.00 X 0 0 0 KEITH COATS 1.00 X 0 0 0 DARYL DEVRIES 1.00 X 0 0 0 CHET GOINS 1.00 X 0 0 0 MARK GREB 1.00 X 0 0 0 KARL KIRACOFE 1.00 X 0 0 0 KEITH LELUX 1.00 X 0 0 0 BILL SMITH 1.00 X 0 0 0 STEPHANE ST HILAIRE 1.00 X 0 0 0 DAVE TAYLOR 1.00 X 0 0 0 BONNIE WILLIAMS 1.00 X 0 0 0 KURT ZABEL 1.00 X 0 0 0 FRANK HACKETT 40.00 X 174277 0 51238 STEVEN A MCCONNAUGHEY 40.00 X 87000 0 15881 261277 0 67119 1 0 1 0 HILTON NEW YORK 1335 SIXTH AVENUE NEW YORK NY 10019 CONVENTION SERVICES 451680 SILVERMAN GROUP INC 436 ORANGE STREET NEW HAVEN CT 06511 MARKETING SERVICES 136250 PRA DESTINATION MANAGEMENT - NEW YORK 20 WATERSIDE PLAZA NEW YORK NY 10010 DESTINATION MANAGEMENT SERVICES 130289 LT EVENTION 3280 W SUNSET RD LAS VEGAS NV 89118 MEETING ENTERTAINMENT 105000 4 MEMBERSHIP DUES 441100 1114035 1114035 ANNUAL CONVENTION 441100 1015064 1015064 MEETINGS 441100 319900 319900 PUBLICATIONS 511140 24690 7990 16700 APPLICATION FEES 441100 4300 4300 2477989 67112 67112 387543 387543 2628493 2491159 137334 137334 137334 MANAGEMENT FEES 561000 63722 63722 OTHER INCOME 561000 5192 5192 68914 3138892 2530203 16700 591989 328396 236311 15855 27447 35855 51443 20990 56017 28730 168363 60572 280889 6957 63853 120291 1270180 325 17964 33386 DIRECTORY PRINTING 17894 SALES AND USE TAX 7743 2849461 247508 57175 325000 601900 79934 73161 108460 79271 364257 342752 17144 21505 2699681 2988641 1000 1000 2023 2023 3480750 3824676 36601 59456 330272 379012 251501 120790 3126 395 621500 559653 X 2859250 3265023 2859250 3265023 3480750 3824676 X 289431 116342 X X 0 1 1 X 0 0 0 1 1120164 56017 31496 87513 59010 28503 0 1 17670 16848 822 346587 325904 20683 21505 CAPITAL LEASE PAYABLE 395 395 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. 0 NAAA WARREN YOUNG SR SCHOLASTIC FOUNDATION 5320-D SPECTRUM DR FREDERICK MD 217037337 050604611 501C3 5359 TO PROVIDE SUPPORT FOR GENERAL OPERATIONS. 1 0 X 1 1 X X X X 0 0 0 FRANK HACKETT 155000 0 9000 0 10277 0 27880 0 23358 0 225515 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 ALL 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 6 THE 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 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 2010. FORM 990, PART VI, SECTION C, LINE 19 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 116,342. RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR NAAA SERVICES CORPORATION INC 5320 SPECTRUM DRIVE SUITE D FREDERICK MD 21703 522011985 MARKETING MD C 847527 1406582 1.00000 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 NAAA SERVICES CORPORATION INC P 63722 ACTUAL COST REIMBURSEMENTS NAAA SERVICES CORPORATION INC C 18000 NAAA SERVICES CORPORATION INC F 16700 SALE OF ADVERTISING