2011-04-01T11:25:50-05:00 2010-12-31 UHY ADVISORS MID-ATLANTIC MD INC 6851 OAK HALL LANE STE 300 COLUMBIA MD 21045 990 2010-01-01 135569334 CREDIT RESEARCH FOUNDATION INC CRED 4107405560 8840 COLUMBIA 100 PARKWAY COLUMBIA MD 210452158 TERRY CALLAHAN 4107405560 2011-03-26 1 B JENNINE ANDERSON 4107205220 2010 2016-02-24 21:20:13Z TERRY CALLAHAN 8840 COLUMBIA 100 PKWY COLUMBIA MD 21045 1270820 0 X WWW.CRFONLINE.ORG X 1949 MD TO CONDUCT AND CARRY ON THE WORK OF THE FOUNDATION EXCLUSIVELY FOR EDUCATIONAL PURPOSES ESPECIALLY IN THE FIELD OF CREDIT AND CREDIT PRACTICES OF BOTH DOMESTIC AND FOREIGN NATURE. 20 20 5 20 46750 3485 42435 46300 868363 934133 22564 25546 36109 47463 969471 1053442 0 0 0 0 520879 562463 0 0 11249 460504 486364 981383 1048827 -11912 4615 987454 1118338 359516 428432 627938 689906 X TO CONDUCT AND CARRY ON THE WORK OF THE FOUNDATION EXCLUSIVELY FOR EDUCATIONAL PURPOSES ESPECIALLY IN THE FIELD OF CREDIT AND CREDIT PRACTICES OF BOTH DOMESTIC AND FOREIGN NATURE. 0 0 539184 423230 CONFERENCES AND MEETINGS - THE ORGANIZATION SPONSORS ROUNDTABLE DISCUSSIONS ON VARIOUS TOPICS FOR ITS MEMBERS AND PUBLISHES REPORTS, STUDIES AND MONTHLY NEWSLETTERS DISTRIBUTED TO ITS MEMBERS. 100177 246171 PUBLICATIONS - THE FOUNDATION PUBLISHES A COMPENSATION STUDY OF CREDIT EXECUTIVES AND PERIODICALS FOR USE BY ITS MEMBERS AND THE GENERAL PUBLIC. 309313 210424 RESEARCH - THE FOUNDATION CONDUCTS RESEARCH IN CREDIT RELATED FIELDS AND ACCOUNTS RECEIVABLE MANAGEMENT. 55021 EDUCATION - THE CREDIT RESEARCH FOUNDATION CONDUCTS EDUCATIONAL ACTIVITIES TO AID BUSINESS CREDIT, ACCOUNTS RECEIVABLE AND CUSTOMER FINANCIAL MANAGERS. CRF EDUCATION CONSISTS OF IN-HOUSE WORKSHOPS, ONLINE TRAINING AND REGIONAL SEMINARS ON SPECIFIC TOPICS TO HELP CREDIT AND RECEIVABLE MANAGERS AND STAFF. PROGRAMS CURRENLY BEING OFFERED ARE IN THE FOLLOWING AREAS: COLLECTION OF AR, FINANCIAL STATEMENT ANALYSIS, RATIO ANALYSIS, CREDIT MANAGEMENT FUNDAMENTALS, COLLECTING FROM THE FEDERAL GOVERNMENT, UNCLAIMED PROPERTY LAW COMPLIANCE, MANAGING SALES TAX EXEMPTION CERTIFICATES AND PREPARING FOR CUSTOMER BANKRUPTCIES. 55021 948674 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 3 0 1 5 1 1 1 0 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MD X CHERYL WEAVERLING 4107405499 8840 COLUMBIA 100 PARKWAY COLUMBIA MD 210452158 KARREN SALTER 0.30 X X 0 0 0 BRAD BOE 0.30 X X 0 0 0 MICHAEL DURANT 0.30 X X 0 0 0 MIKE SCOTT 0.30 X 0 0 0 ART TUTTLE 0.30 X 0 0 0 MICHAEL BEVILACQUA 0.30 X 0 0 0 TERRY FAULKNER 0.30 X X 0 0 0 ROB OLSEN CCE 0.30 X 0 0 0 SHARON NICKERSON 0.30 X X 0 0 0 DOUG SWAFFORD 0.30 X 0 0 0 KRIS SKUPAS MBA 0.30 X 0 0 0 J WILLIAM WEILEMANN 0.30 X 0 0 0 FRANK SEBASTIAN 0.30 X 0 0 0 CARSTEN SCHMITZ 0.30 X 0 0 0 RICHARD KULIK CCE 0.30 X 0 0 0 MARTY SCAMINACI 0.30 X 0 0 0 ROB HANUS 0.30 X 0 0 0 VIRGINIA SODERMAN CCE 0.30 X 0 0 0 PAUL CLAUSEN CCE CICP 0.30 X 0 0 0 BILL BALDUINO 0.30 X 0 0 0 W TERRENCE CALLAHAN 50.00 X 199994 0 20119 JAMES VANGHEL 0.30 X 0 56786 70 DALE MCCORMICK 0.30 X 0 89736 8519 LYLE P WALLIS 40.00 X 106479 0 12615 306473 146522 41323 2 0 1 0 0 46300 46300 MEMBERSHIP DUES 900099 631272 631272 CONFERENCES 900099 212806 212806 ONLINE COURSES/PRGRMS 900099 54308 54308 PUBLICATIONS 511120 35747 35747 934133 22304 22304 220620 217378 3242 3242 3242 ADVERTISING 541800 46750 46750 MISCELLANEOUS 900099 713 713 47463 1053442 934846 46750 25546 342552 328850 6851 6851 149738 143748 2995 2995 1918 1842 38 38 38908 37352 778 778 29347 28173 587 587 52740 52740 14150 14150 7204 7204 5014 4513 501 28154 25339 2815 20581 20581 21216 19094 2122 10146 9131 1015 253554 253554 4182 3764 418 MISCELLANEOUS 38361 35037 3324 PUBLICATION COSTS 17124 17124 JOURNAL 13368 13368 TAXES 570 570 1048827 948674 88904 11249 48607 154917 60027 57777 28068 2906 11673 30000 15457 34206 25084 10554 9122 798525 878159 987454 1118338 35122 56837 324394 371595 359516 428432 X 573931 633390 54007 56516 627938 689906 987454 1118338 X 4615 57353 X 0 1 0 X 0 X 573959 603351 636153 647269 677572 3138304 301695 283964 357315 263529 302861 1509364 875654 887315 993468 910798 980433 4647668 0 0 0 4647668 29772 42064 34202 37175 20232 163445 29772 42064 34202 37175 20232 163445 30750 34500 32250 32000 4750 134250 175 5951 395 4109 713 11343 936351 969830 1060315 984082 1006128 4956706 0.93770 0.93210 0.03300 0.03200 X 54007 52692 12155 4717 114137 39963 14044 54007 60628 -20665 39963 0.51000 0.49000 0 0 34206 25084 9122 9122 1053442 1048827 4615 57353 57353 61968 1110795 57353 57353 1053442 0 1053442 1048827 0 1048827 0 1048827 1 X X X X 0 0 0 0 0 0 0 0 0 W TERRENCE CALLAHAN 174994 0 25000 0 0 0 2617 0 17502 0 220113 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE FOUNDATION ARE ELIGIBLE TO VOTE AT ALL ANNUAL AND SPECIAL MEETINGS. THE MEMBERS CAN CALL FOR A SPECIAL MEETING BY HAVING 1/3 OF THE MEMBERS MAKE THE REQUEST IN WRITING. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER IS ENTITLED TO CAST ONE VOTE IN THE ELECTION FOR MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS DISTRIBUTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD AND STAFF HAVE A DUTY TO DISCLOSE ANY PERSONAL, FAMILY, OR BUSINESS INTERESTS THAT MAY, IN THE EYES OF ANOTHER PERSON, INFLUENCE THEIR JUDGMENT. THE BOARD AS A WHOLE HAS A DUTY TO DISCLOSE SPECIFIC CONFLICTS OF INTERESTS TO ORGANIZATION MEMBERS, STAFF AND EXTERNAL STAKEHOLDERS WHERE THAT INTEREST MAY, IN THEIR JUDGEMENT, AFFECT THE REPUTATION OR CREDIBILITY OF THE ORGANIZATION, AND TO DISCLOSE THE BOARD'S PROCEDURE FOR OPERATING IN THE PRESENCE OF SUCH CONFLICTS. BOARD MEMBERS AND STAFF HAVE A DUTY TO EXEMPT THEMSELVES FROM PARTICIPATING IN ANY DISCUSSION AND VOTING ON MATTERS WHERE THEY HAVE, OR MAY BE PERCEIVED AS HAVING, A CONFLICT OF INTEREST. SUCH EXEMPTIONS SHOULD BE RECORDED IN MINUTES OF MEETINGS. ANY BUSINESS RELATIONSHIP BETWEEN AN INDIVIDUAL (OR A COMPANY WHERE THE INDIVIDUAL IS AN OWNER OR IN A POSITION OF AUTHORITY) AND THE ORGANIZATION, OUTSIDE OF THEIR RELATIONSHIP AS A BOARD OR STAFF MEMBER MUST BE FORMALIZED IN WRITING AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES CONDUCTED A THOROUGH COMPENSATION STUDY BASED ON INFORMATION FROM THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES AS WELL AS INTERVIEWS WITH OTHER ASSOCIATION EXECUTIVES IN DETERMINING THE SALARY FOR THE CRF PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE VIA EMAIL UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 57,353. COMMON PAYMASTER PART V, LINE 2A THE NATIONAL ASSOCIATION OF CREDIT MANAGEMENT (NACM) SERVES AS THE COMMON PAYMASTER FOR CRF. NACM REPORTED 55 EMPLOYEES ON THE FEDERAL FORM W-3, 5 OF WHICH WERE EMPLOYEES OF CRF. NATIONAL ASSOCATION OF CREDIT MANAGAMEMENT 8840 COLUMBIA 100 PARKWAY COLUMBIA MD 21405 521972771 EDUCATION IN THE FIELD OF CREDIT MANAGEMENT MD 501(C)(6) 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 NATIONAL ASSOCIATION OF CREDIT MANAGEMENT L 52740 NATIONAL ASSOCIATION OF CREDIT MANAGEMENT J 2700 NATIONAL ASSOCIATION OF CREDIT MANAGEMENT N 155111 NATIONAL ASSOCIATION OF CREDIT MANAGEMENT M 21216