2011-11-10T05:46:20-06:00 2010-12-31 RSM MCGLADREY INC 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2010-01-01 131958990 AMERICAN ACADEMY OF CHILD & ADOLESCENT PSYCHIATRY AMER 2029667300 3615 WISCONSIN AVENUE NW WASHINGTON DC 200163007 VIRGINIA Q ANTHONY 2029667300 2011-11-09 1 WILLIAM E TURCO 3012963600 2010 2016-03-07 17:11:31Z VIRGINIA Q ANTHONY 3615 WISCONSIN AVENUE NW WASHINGTON DC 200163007 12157176 0 X WWW.AACAP.ORG X 1959 DE AACAP LEADS ITS MEMBERSHIP THROUGH COLLECTIVE ACTION, PEER SUPPORT AND CONTINUING EDUCATION. 16 15 51 500 97985 0 3666457 3499852 3188542 4409780 -293502 170679 271395 272578 6832892 8352889 336760 287292 0 0 3027482 3642784 0 0 125606 4777366 4346608 8141608 8276684 -1308716 76205 11009088 11940434 3143333 3547488 7865755 8392946 X TO PROMOTE MENTALLY HEALTHY CHILDREN, ADOLESCENTS, AND FAMILIES THROUGH RESEARCH, TRAINING, ADVOCACY, PREVENTION, COMPREHENSIVE DIAGNOSIS AND TREATMENT, PEER SUPPORT AND COLLABORATION. 0 0 1241592 2323415 ANNUAL MEETING & INSTITUTES: PRESENT THE LATEST RESEARCH AND ADVANCES IN CLINICAL PRACTICE OF CHILD AND ADOLESCENT PHYCHIATRY TO MEMBERS AND NONMEMBERS. 1021544 287292 GRANT EXPENSES: THROUGH FEDERAL AND NON-FEDERAL GRANTS THE ACADEMY SUPPORTS RESEARCH AND TRAINING EFFORTS, AS WELL AS FELLOWSHIPS. 717657 COMPONENTS: WORK TO INCREASE THE KNOWLEDGE BASE OF SPECIFIC AREAS WITHIN CHILD & ADOLESCENT PSYCHIATRY FOR THE BENEFIT OF THE SPECIALTY AND THE PUBLIC. 534384 1356337 JOURNAL AND PUBLICATIONS 659701 SPECIAL FUNDS 112007 184468 JANUARY INSTITUTE 11844 PUBLICATIONS 75515 PRESIDENTIAL INITIATIVES 79559 215397 ANNUAL REVIEW 48504 56548 LIFELONG LEARNING INSTITUTE 4224 JOB SOURCE 173674 AACAP NEWS 1699412 1812750 4680205 1 1 0 1 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 138 0 1 51 1 1 1 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AK AL AR AZ CA CO CT DC FL GA HI IL KS KY MA MD ME MI MS MN MO NC ND NJ NH NM NY OH OK OR PA RI SC TN UT VA WA WI WV X VIRGINIA Q ANTHONY 2029667300 3615 WISCONSIN AVENUE NW WASHINGTON DC 200163007 LAURENCE LEE GREENHILL MD 20.00 X X 63750 0 0 MARTIN J DRELL MD 10.00 X X 0 0 0 ROBERT L HENDREN DO 10.00 X X 0 0 0 WILLIAM BERNET MD 5.00 X X 0 0 0 JAMES C MACINTYRE II MD 10.00 X X 0 0 0 J MICHAEL HOUSTON MD 5.00 X X 0 0 0 LOUIS J KRAUS MD 5.00 X X 0 0 0 GABRIELLE L SHAPIRO MD 5.00 X X 0 0 0 D RICHARD MARTINI MD 5.00 X 0 0 0 TAMI D BENTON MD 5.00 X 0 0 0 PARAMJIT T JOSHI MD 5.00 X 0 0 0 MARGARET LOIS STUBER MD 5.00 X 0 0 0 MELVIN D OATIS MD 5.00 X 0 0 0 STEVEN ADELSHEIM MD 5.00 X 0 0 0 MARK S BORER MD 5.00 X 0 0 0 GUY K PALMES MD 5.00 X 0 0 0 RUTH GERSON MD 5.00 X 0 0 0 KARIMI MAILUTHA MD 5.00 X 0 0 0 YIU KEE WARREN NG MD 5.00 X 0 0 0 GLEN P DAVIS MD 5.00 X 0 0 0 CHRISTOPHER J KRATOCHVIL MD 5.00 X 0 0 0 ALICE MAO MD 5.00 X 0 0 0 VIRGINIA ANTHONY 40.00 X 212431 0 24740 KRISTIN KROGER PTAKOWSKI 40.00 X 154225 0 21442 HEIDI BUTTNER FORDI 40.00 X 130147 0 20012 COLLEEN DOUGHERTY 40.00 X 103387 0 15314 663940 0 81508 4 0 1 0 ELSEVIER LTD 5625 FISHERS LN ROCKVILLE MD 20852 MEMBER SUBSCRIPTIONS 259706 1 2034701 844358 620793 5250 3499852 MEETINGS/INSTITUTES 541800 2510925 2380645 11880 118400 PUBLICATIONS 541800 1442442 1356337 86105 ANNUAL REVIEW 900099 215397 215397 JANUARY INSTITUTE 900099 184468 184468 LIFELONG LEARNING INST 900099 56548 56548 4409780 198787 198787 213327 213327 15948 15948 15948 15948 3764734 3792842 -28108 -28108 -28108 38150 11445 26705 26705 OTHER INCOME 900099 16598 16598 16598 8352889 4193395 97985 561657 210839 210839 76453 76453 302031 129323 161813 10895 2723094 1255664 1360005 107425 163701 163701 273706 114343 159363 180252 180252 2741 2158 583 56800 56800 31421 31421 177407 139919 30510 6978 23207 21337 1870 1039767 664483 374247 1037 245513 37126 208012 375 200040 17689 182351 1193250 1138235 47874 7141 327065 261848 64559 658 13402 13402 302149 302149 43893 13228 30665 TAXES 478 158 320 HONORARIA 388502 388502 TRAINING AND CERTIFICAT 192304 168466 23683 155 BAD DEBT 52631 52631 DUES & SUBSCRIPTIONS 51043 4281 44864 1898 4995 36311 -20040 -11276 8276684 4680205 3470873 125606 500 500 1249231 2372001 258262 522432 478479 174530 112670 82767 4612178 2233835 2651474 2378343 6258472 3188224 3211438 0 10199 11009088 11940434 595167 1291717 1969580 1975129 369711 266635 208875 14007 3143333 3547488 X 4361848 4599140 2079041 2224136 1424866 1569670 7865755 8392946 11009088 11940434 X 76205 450986 X 0 1 1 X 1 1 X 4628190 3765106 4170847 3666457 3499852 19730452 2036104 3219716 3072142 3188542 4311795 15828299 6664294 6984822 7242989 6854999 7811647 35558751 0 0 0 35558751 663322 676985 548566 450377 428062 2767312 663322 676985 548566 450377 428062 2767312 12716 109243 16787 21097 16598 176441 7340332 7771050 7808342 7326473 8256307 38502504 0.92350 0.91950 0.07190 0.07580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 12000 1 0 1 40000 1 10000 0 62000 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: EDUCATION OF THE LEGISLATURE ABOUT MATTERS RELATED TO CHILD AND ADOLESCENT PSYCHOPATHOLOGY AND ITS TREATMENTS. 1682653 144804 86039 1741418 1618911 150000 86258 1682653 1459697 255924 96710 1618911 0.10000 0.90000 0 0 375417 375417 3557171 1727828 1829343 679590 506007 173583 2378343 65,221 SHS BERNSTEIN INT'L PORTFOLIO 1018748 F 159,817 SHS BERNSTEIN INTERMEDIATE DURATION PORTFOLIO 2192690 F 3211438 SECURITY DEPOSITS 2600 REGIONAL COUNCIL DUES PAYABLE 11407 14007 8352889 8276684 76205 450986 450986 527191 8783899 450986 450986 8332913 31421 -11445 19976 8352889 8256708 11445 11445 8245263 31421 31421 8276684 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: AACAP PROMOTES AND SUPPORTS RESEARCH CAREERS, PUBLICIZES RESEARCH AND TRAINING OPPORTUNITIES, AND SPONSORS INITIATIVES TO FOSTER THE DEVELOPMENT AND CONTINUING EXCELLENCE OF CHILD ADOLESCENT PSYCHIATRISTS THROUGH FELLOWSHIP PROGRAMS, DISTINGUISHED MEMBER LECTURES, AND RESEARCH STIPENDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: AACAP IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, AACAP HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. UNDER CURRENT INTERNAL REVENUE SERVICE REGULATIONS, ADVERTISING REVENUE EARNED IN AACAP'S PUBLICATIONS, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. THERE WAS NO NET TAX LIABILITY FOR UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2010. AACAP FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH 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, AACAP 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. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED AACAP'S TAX POSITIONS AND CONCLUDED THAT AACAP HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, AACAP IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2007. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -11,445. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 11,445. CFAK RECEPTION 38150 38150 11445 38150 38150 11445 11445 26705 1 UNIVERSITY OF PITTSBURGH OFFICE OF FINANCIAL INFORMATION PITTSBURGH PA 15260 250965591 501(C)(3) 15000 LILLY PILOT AWARD NEW YORK SCHOOL OF MEDICINE 551 FIRST AVENUE NEW YORK NY 10016 135562308 501(C)(3) 7500 LILLY PILOT AWARD VANDERBILT UNIVERSITY 3319 WEST END AVENUE SUITE 700 NASHVILLE TN 37203 620476822 501(C)(3) 27550 JR. INVESTIGATOR AWARD MASSACHUSETTS GENERAL HOSPITAL RESEARCH FINANCE P O BOX 3829 BOSTON MA 02241 042697983 501(C)(3) 19075 JR. INVESTIGATOR AWARD JOHNS HOPKINS UNIVERSITY 1101 E 33RD STREET SUITE D200 BALTIMORE MD 21218 520595110 501(C)(3) 7500 LILLY PILOT AWARD YALE UNIVERSITY GRANTS CONTRACTS FINCL ADMIN PO BOX 1873 NEW HAVEN CT 06508 060646973 501(C)(3) 23439 ESL & JR. INVESTIGATOR AWARDS UNIVERSITY OF CICINNATI COLLEGE OF MEDICINE ML 559 260 STETSON ST STE 3200 CINCINNATI OH 45219 316000989 501(C)(3) 7500 LILLY PILOT AWARD REGENTS OF THE UNIVERSITY OF COLORADO 1800 GRANT ST STE 600 DENVER CO 80203 846000555 501(C)(3) 7500 LILLY PILOT AWARD NATIONAL INSTITUTES OF HEALTH BLDG 31 ROOM B1B55 BETHESDA MD 20892 520858115 501(C)(3) 7500 LILLY PILOT AWARD UNIVERSITY OF PITTSBURGH MEDICAL CENTER 200 LOTHROP STREET PITTSBURGH PA 15213 251423657 501(C)(3) 15000 LILLY PILOT AWARD UNIVERSITY OF MASSACHUSETTS 333 SOUTH STREET SHREWSBURY MA 01545 043167352 501(C)(3) 7500 LILLY PILOT AWARD DUKE UNIVERSITY BOX 10413 DURHAM NC 27708 560532129 501(C)(3) 7500 LILLY PILOT AWARD MEDICAL UNIV OF SOUTH CAROLINA 171 ASHLEY AVE CHARLESTON SC 29425 576000722 501(C)(3) 7500 LILLY PILOT AWARD RESEARCH FDN OF SUNY 35 STATE STREET ALBANY NY 12207 141368361 501(C)(3) 7500 LILLY PILOT AWARD 14 AMAYA AWARD 1 803 BERMAN AWARD 1 4500 CANCRO AWARD 1 1500 CMHS SPECIAL PROG SCHOLARSHIP 16 12000 CMHS SPURLOCK STIPEND 1 750 ESL AWARD 1 5000 ESL JOURNAL AWARD 1 5000 G. TARJAN AWARD 1 1000 HAMBURG AWARD 1 1000 IRVING PHILIPS AWARD 1 2500 IRVING PHILIPS HONORARIUM 1 2000 MED STUDENT FELLOWSHIP 3 3000 NIDA SPURLOCK STIPEND 2 1700 REIGER JOURNAL AWARD 1 4500 REIGER PSYCHOTHERAPY AWARD 1 4500 REIGER SERVICE AWARD 1 4500 SIMON WILE AWARD 1 500 SPURLOCK AWARD 1 2500 PHYCHODYNAMICS PSYCHOTHERAPY AWARD 1 2500 KLINGENSTEIN 3RD GENERATION FDN AWARD 1 5000 SIG MED STUDENT AWARD 1 1000 ROBINSON CUNNINGHAM AWARD 1 200 CFAK RESEARCHERS AWARD 5 5000 CFAK JR. SCHOLARS 11 5500 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE HONORARIA AND STIPENDS ARE PROVIDED FOLLOWING THE COMPLETION OF THE AWARD ACTIVITIES. FOR EXAMPLE: DISTINGUISHED MEMBER AWARD HONORARIA CHECKS ARE ISSUED AFTER THE AWARD RECIPIENT HAS COMPLIED WITH ALL THE TERMS OF THE AWARD. FOR HONORARIA AND STIPENDS, THERE ARE NO RESTRICTIONS FOR THE USE OF FUNDS. GRANT APPLICATIONS INCLUDE A BUDGET BREAKDOWN FOR EXPENSES. THE BUDGET IS REVIEWED AS PART OF THE SELECTION REVIEW CRITERIA. ONCE A RECIPIENT IS SELECTED, THE AWARD RECIPIENT, MENTOR AND INSTITUTION SIGN AN AGREEMENT FORM AGREEING TO UTILIZE THE FUNDS IN CONGRUENCE WITH THE APPROVED BUDGET. ANY CHANGES TO THE BUDGET MUST BE SUBMITTED FOR WRITTEN APPROVAL. A HALF OF THE GRANT FUNDS ARE PROVIDED ONCE THE AGREEMENT IS EXECUTED. THE REMAINDER OF THE GRANT FUNDS IS PROVIDED ONCE THE PROJECT HAS BEEN COMPLETED AND LINE ITEM FINANCIAL EXPENSE REPORT SUBMITTED. X X X 0 0 0 0 0 0 0 0 0 VIRGINIA ANTHONY 212431 0 0 0 0 0 21131 0 4719 0 238281 0 0 0 KRISTIN KROGER PTAKOWSKI 154225 0 0 0 0 0 15994 0 6558 0 176777 0 0 0 HEIDI BUTTNER FORDI 130147 0 0 0 0 0 14140 0 6982 0 151269 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE AMERICAN ACADEMY OF CHILD AND ADOLESCENT PSYCHIATRY IS A PROFESSIONAL MEDICAL ORGANIZATION COMPRISED OF CHILD AND ADOLESCENT PSYCHIATRISTS TRAINED TO PROMOTE HEALTHY DEVELOPMENT AND TO EVALUATE, DIAGNOSE, AND TREAT CHILDREN AND ADOLESCENTS AND THEIR FAMILIES WHO ARE AFFECTED BY DISORDERS OF FEELING, THINKING, LEARNING, AND BEHAVIOR. CHILD AND ADOLESCENT PSYCHIATRISTS ARE PHYSICIANS WHO ARE UNIQUELY QUALIFIED TO INTEGRATE KNOWLEDGE ABOUT HUMAN BEHAVIOR AND DEVELOPMENT FROM BIOLOGICAL, PSYCHOLOGICAL, FAMILIAL, SOCIAL, AND CULTURAL PERSPECTIVES WITH SCIENTIFIC, HUMANISTIC, AND COLLABORATIVE APPROACHES TO DIAGNOSIS, TREATMENT AND THE PROMOTION OF MENTAL HEALTH. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT, PRESIDENT-ELECT (WHO SHALL SERVE AS VICE PRESIDENT UNTIL TAKING OFFICE AS PRESIDENT), SECRETARY, AND TREASURER OF AACAP ARE ELECTED BY A MAJORITY OF MAIL OR ELECTRONIC VOTES CAST BY ELIGIBLE MEMBERS FOR A TWO-YEAR TERM. COUNCIL MEMBERS-AT-LARGE FOUR GENERAL OR FELLOW MEMBERS ARE NOMINATED BY THE NOMINATING COMMITTEE FOR COUNCIL MEMBERS-AT-LARGE. TWO MEMBERS ARE ELECTED FOR A TERM OF THREE YEARS BY A SIMPLE MAJORITY OF VOTES CAST BY THE ELIGIBLE MEMBERS OF AACAP VOTING BY MAIL OR ELECTRONIC BALLOT. THOSE ELECTED SHALL TAKE OFFICE AFTER THE BUSINESS MEETING OF THE ANNUAL MEETING OF AACAP HELD AFTER THEIR ELECTION, REPLACE THE TWO COUNCIL MEMBERS PREVIOUSLY ELECTED PURSUANT TO THIS ARTICLE WHOSE TERMS OF OFFICE EXPIRE AT THAT TIME, AND SERVE UNTIL THEIR SUCCESSORS HAVE BEEN DULY ELECTED AND INSTALLED. THE SIX MEMBERS OF COUNCIL ELECTED PURSUANT TO THIS SECTION ARE NOT ELIGIBLE FOR REELECTION TO COUNCIL AS A MEMBER-AT-LARGE AFTER THE EXPIRATION OF THEIR TERM OF OFFICE UNTIL A PERIOD OF AT LEAST THREE YEARS SHALL HAVE ELAPSED. ASSEMBLY MEMBERS OF COUNCIL THE ASSEMBLY OF REGIONAL ORGANIZATIONS OF CHILD AND ADOLESCENT PSYCHIATRY ALSO ELECTS FIVE MEMBERS TO COUNCIL IN ACCORDANCE WITH THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 1. AACAP'S FINANCE DEPARTMENT WILL VERIFY ALL FINANCIAL DATA. 2. A COPY OF THE DRAFT TAX RETURN WILL BE DISTRIBUTED TO THE EXECUTIVE DIRECTOR AND EACH MEMBER OF AACAP'S FINANCIAL PLANNING COMMITTEE, (FPC). ALL SECTIONS OF THE TAX FORM WILL BE REVIEWED BY THE FPC. PERCEIVED ERRORS, OMISSIONS, INCONSISTENCIES OR REQUESTS FOR CLARIFICATIONS FROM THE FPC WILL BE COMMUNICATED TO THE EXECUTIVE DIRECTOR. 3. THE EXECUTIVE DIRECTOR AND STAFF OF AACAP WILL ADDRESS ALL POINTS INDICATED BY THE FPC FOR RESOLUTION. ANY ISSUES THAT CANNOT BE RESOLVED BY THE EXECUTIVE DIRECTOR AND STAFF WILL BE COMMUNICATED TO AACAP'S LEGAL AND TAX CONSULTANTS FOR FURTHER GUIDANCE. 4. AFTER ALL ISSUES HAVE BEEN ADDRESSED THE RESOLUTIONS WILL BE COMMUNICATED TO AACAP'S TAX PROFESSIONALS FOR COMPLETION OF AACAP'S FEDERAL FORM 990. 5. THE FINALIZED RETURNS WILL BE DISTRIBUTED TO THE EXECUTIVE DIRECTOR, THE FINANCIAL PLANNING COMMITTEE AND THE ENTIRE COUNCIL FOR FINAL REVIEW PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C AACAP HAS THE FOLLOWING STANDARD OPERATING PROCEDURES FOR MONITORING AND ENFORCING CONFLICTS OF INTEREST: DISCLOSURE OF AFFILIATIONS STATEMENT I. PURPOSE: TO REVIEW OUTSIDE AFFILIATIONS OF ALL OFFICERS, COMMITTEE MEMBERS AND OTHERS ACTING ON BEHALF OF THE AACAP. DECISIONS BY THE OFFICERS, COMMITTEES AND OTHERS ON BEHALF OF THE AMERICAN ACADEMY OF CHILD AND ADOLESCENT PSYCHIATRY HAVE FAR REACHING SIGNIFICANCE AND CONSEQUENCES. STATEMENTS, PUBLICATIONS AND RECOMMENDATIONS HAVE IMPLICATIONS FOR THE PRACTICE OF CHILD AND ADOLESCENT PSYCHIATRY AND THE HEALTH OF CHILDREN AND THEIR FAMILIES ALL OVER THE WORLD. IT IS ASSUMED THAT ALL OFFICERS, COMMITTEE MEMBERS AND OTHERS ACTING ON BEHALF OF THE AACAP ACT HONESTLY AND WITH INTEGRITY. HOWEVER, WHEN OUTSIDE AFFILIATIONS RESULT IN REAL OR PERCEIVED CONFLICTS OF INTEREST, WHICH MAY IMPACT ON AN INDIVIDUAL'S OPINION, DISCLOSURE IS NECESSARY. II. PROCEDURES A. DISTRIBUTION OF STATEMENT 1. THE STATEMENT WILL BE DISTRIBUTED TO THE COUNCIL, EXECUTIVE COMMITTEE, ASSEMBLY EXECUTIVE COMMITTEE AND ALL COMPONENTS EACH MEETING. THE MEETING NAME AND DATE ARE NOTED ON EACH FORM. 2. THE STATEMENT MUST BE COMPLETED BY EACH OFFICER/COMPONENT MEMBER AND TURNED INTO THE CHAIR AT THE BEGINNING OF THE MEETING. 3. THE STATEMENTS ARE COLLECTED AND REVIEWED AND THE AGENDA WILL INCLUDE DISCUSSION OF POTENTIAL CONFLICTS OF INTEREST. THE MINUTES WILL NOTE RECEIPT OF ALL STATEMENTS AND DISCUSSION, IF ANY. IF THERE IS CONCERN ABOUT ANY CONFLICT, THE CHAIR WILL REVIEW CONCERNS WITH THE AACAP SECRETARY, WHO WILL HAVE THE ULTIMATE DECISION MAKING AUTHORITY. 4. THE STATEMENTS WILL BE HELD IN THE COMPONENTS' FILES FOR TWELVE MONTHS AND THEN DESTROYED. 5. WHEN COMPLETING THE STATEMENT OF DISCLOSURE OF AFFILIATIONS, MEMBERS WILL NOTE ORGANIZATIONS WHERE THEY SERVE IN A GOVERNING OR LEADERSHIP CAPACITY, RELATIONSHIPS WITH PHARMACEUTICAL COMPANIES, RELATIONSHIPS WITH THIRD PARTY CME COMPANIES, MANAGED CARE ORGANIZATIONS, INTERNET HEALTH INFORMATION PROVIDERS, ETC. IT IS IMPORTANT TO DISCLOSE WHERE HE/SHE SERVES OTHER AGENCIES, ASSOCIATIONS OR CORPORATIONS, IN CAPACITIES THAT ARE SIMILAR TO OR COMPETE WITH THE AACAP. 6. MEMBERS ARE ASKED TO DECLARE ANY DIRECT OR INDIRECT FINANCIAL INTERESTS OR PERSONAL, FAMILY OR OTHER RELATIONSHIPS WHICH CONFLICT WITH DUTIES OR RESPONSIBILITIES AND INFLUENCE ONE'S JUDGMENT ON BEHALF OF THE AACAP. NOTING A POTENTIAL CONFLICT DOES NOT PRECLUDE SERVICE ON AACAP COMPONENTS, BUT FOLLOWING AACAP PROCEDURE, SUCH INFORMATION WILL BE SHARED WITH THE AACAP COMPONENT CHAIR, AND IF DEEMED NECESSARY, WITH THE AACAP SECRETARY, EXECUTIVE COMMITTEE AND COUNCIL. 7. AT THE BOTTOM OF THE STATEMENT, MEMBERS WILL SIGN TO AGREE THAT "BASED ON THE ABOVE, I DO NOT SEE A CONFLICT. IN THE EVENT OF A CONFLICT I WILL DISCLOSE IT AND IF APPROPRIATE I WILL EXCUSE MYSELF FROM DELIBERATIONS." FORM 990, PART VI, SECTION B, LINE 15 TOP MANAGEMENT OFFICIAL: THE EXECUTIVE DIRECTOR, (ED) IS THE TOP MANAGEMENT OFFICIAL. THE ED IS EVALUATED BY THE EXECUTIVE COMMITTEE, (EC) OF AACAP'S COUNCIL. EACH MEMBER OF THE EC INDIVIDUALLY EVALUATES THE ED UTILIZING A STANDARDIZED FORM RANKING THE ED'S PERFORMANCE IN KEY AREAS. THE EVALUATION HAS KEY-JOB SPECIFIC CRITERIA PERTAINING TO SUPERVISORY AND LEADERSHIP SKILLS. THE PRESIDENT OF AACAP THEN PREPARES A WRITTEN EVALUATION THAT IS COMMUNICATED TO THE ED. ANNUAL SALARY ADJUSTMENTS OF THE ED ARE BASED UPON THE RESULTS OF THE EVALUATIONS, AND ON THE JUDGMENT OF THE EC. SALARY SURVEYS FROM SIMILAR ORGANIZATIONS ARE USED TO HELP GUIDE THE EC IN THEIR DECISION PROCESS. TOP FINANCIAL POSITION: THE TREASURER OF AACAP IS A VOLUNTEER, UNPAID POSITION. KEY EMPLOYEES: KEY EMPLOYEES ARE EVALUATED UTILIZING A STANDARDIZED FORM RANKING THEIR PERFORMANCE IN KEY AREAS. THREE CRITERIA RELATE TO AACAP'S VALUES. THE REMAINING EVALUATION TOOLS ARE KEY-JOB SPECIFIC CRITERIA PERTAINING TO SUPERVISORY AND MANAGERIAL SKILLS. THE FINAL PART OF THE EVALUATION IS RELATED TO SETTING GOALS FOR THE COMING PERIOD(S). ANNUAL SALARY ADJUSTMENTS OF KEY EMPLOYEES ARE BASED UPON THE RESULTS OF THEIR EVALUATIONS, AND ON THE JUDGMENT OF THE ED. SALARY SURVEYS FROM SIMILAR ORGANIZATIONS ARE USED TO HELP GUIDE THE ED IN THE DECISION PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFILICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 450,986.