2024-05-09T18:06:37-07:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-07-01 952706905 AMERICAN ASSOCIATION OF CRITICAL-CARE NURSES AMER 9493622000 27071 Aliso Creek Road Aliso Viejo CA 926563399 Jakki Farr Chief Financial Officer 9493622000 2024-05-09 1 Jakki Farr 999009999 1 Robert Williams P01345960 5712279500 2024-04-25 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Dana Woods 27071 Aliso Creek Road Aliso Viejo CA 926563399 62413193 0 X www.aacn.org X 1972 CA AACN is dedicated to creating a healthcare system driven by the needs of patients and families where acute and critical care nurses make their optimal contribution. 13 13 206 2600 629017 -129009 963937 827168 27880764 28974527 7375219 4439086 2087018 1507141 38306938 35747922 584119 687313 0 0 27162965 29958575 0 0 20531 11191049 11577373 38938133 42223261 -631195 -6475339 133402733 129750072 36886680 36047161 96516053 93702911 Patients and their families rely on nurses at the most vulnerable times of their lives. Acute and critical care nurses rely on AACN for expert knowledge and the influence to fulfill their promise to patients and their families. AACN drives excellence in acute and critical care for nurses, patients and families. 0 0 8021170 17100 6118392 The National Teaching Institute and Critical Care Exposition (NTI) is a 4-day conference expected to attract over 7,000 critical-care and advance practice nurses. More than 200 educational sessions were offered on the most current techniques and equipment available to improve patient care and patient outcomes (7,000 nurses). The conference scheduled for May 2023 had 4,490 live attendees, and was augmented by 2,275 nurses attending the virtual conference. 9592579 429664 10748305 At year end, the association had over 127,000 nurse members who are eligible for research grants as well as educational scholarships. In addition, the association provides members with journals, newsletters, practice alerts, protocols for best practices and unlimited continuing education credits covering a wide range of topics pertinent to caring for acute and critically ill patients (127,000 nurse members). 8914621 0 12198344 The association sponsors various volunteer work group meetings to determine the educational requirements of critical-care nurses. Continuing education (CE) opportunities are provided to meet this need via educational articles and online webinars. These CE products are provided free of charge to our membership. Other educational items are available for purchase in our online bookstore which include AACN published books. In addition, AACN has developed a number of self-paced e-learning training programs including orientation courses for nurses transitioning into an ICU setting (ECCO) and for new nurse managers (FSNM). Other self-paced courses include an ECG basics, preceptor, and pharmacology courses. (over 100,000 unique learners received CE credits on our website CE Activities pages, and we provided over 2.3 million contact hours during the year.) 6055251 0 575350 Practice Excellence: Using feedback from members, volunteers, constituents and outside leaders, research is funded through grants in areas such as palliative and end-of-life care, pain management, advance directives, and healthy work environments. Also includes the CSI Academy, a regional 12 to 16-month nursing excellence and training program designed to leverage staff nurses' expertise to enhance patient care and decrease hospital expenses. Lastly, includes the Beacon Award for Excellence which recognizes individual hospital units that distinguish themselves by improving every facet of patient care. The Beacon Award's three levels of designation recognize significant milestones along a unit's journey. For patients and families, the Beacon Award signifies exceptional care through improved outcomes and greater overall satisfaction. For nurses, a Beacon Award signals a positive and supportive work environment with greater collaboration between colleagues and leaders, higher morale and lower turnover. 1215713 240549 898156 AACN has over 190 organized Chapters that hold local community meetings and workshops and sponsor regional educational seminars to help critical-care nurses keep current with the latest trends and technologies. (Estimated 19,000 chapter members). 7270964 240549 1473506 33799334 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 200 0 206 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 CA X Jakki Farr 9493622000 27071 Aliso Creek Road Aliso Viejo CA 926563399 Dana Woods Exec Director/CEO 40 15 X 649017 0 75738 Marye Barden Chief Clinical Officer 40 0 X 318314 0 35914 Tracey Van Dell Senior Director 40 5 X 279563 0 64226 Kelli Lockhart Senior Director 40 5 X 298347 0 32766 Miguel Villela IT Director 40 0 X 266919 0 33964 Michael Wulf Controller 40 0 X 230862 0 27155 Devin Ibrahimi Practice Excellence Director 40 0 X 193594 0 49098 Lisa Vallencia-Villaire Experience Design Director 40 0 X 198124 0 44102 Patty Uy Business Strategy & Development Director 40 0 X 199272 0 14603 Jakki Farr Chief Financial Officer 40 10 X 123408 0 13200 Amanda Bettencourt President 20 0 X X 8235 0 0 Theresa Davis President-Elect 8 0 X X 0 0 0 Rebekah Marsh Secretary 6 0 X X 0 0 0 Tonka Williams Treasurer 6 0 X X 0 0 0 Katie Schatz Board Member 4 0 X 0 0 0 Nicole Fontenot Board Member 4 0 X 0 0 0 Alvin Jeffery Board Member 4 0 X 0 0 0 Tiffany Mullen Board Member 4 0 X 0 0 0 Kirsten Skillings Board Member 4 0 X 0 0 0 Janet Mulroy Board Member 4 2 X 0 0 0 Joseph Falise Board Member 4 0 X 0 0 0 Veronica Gurule Board Member 4 0 X 0 0 0 Paula Levett Board Member 4 2 X 0 0 0 2765655 0 390766 86 0 1 0 Freeman Decorating Company PO Box 650519 Dallas TX 752650519 Conference set-up and audio visual support 1274440 Bang Printing of Ohio 3765 Sunnybrook Road Brimfield OH 44240 Journal printing and fulfillment 789549 Merrill Lynch 7825 Fay Avenue Suite 300 La Jolla CA 92037 Investment advisors 634740 Custom Tours Inc 4500 Park Granada Suite 202 Calabasas CA 91302 Conference transportation services 390782 Thatch Creative LLC 27132 Paseo Espada San Juan Capistrano CA 92675 Conference creative support 300995 18 0 0 88893 0 0 738275 0 827168 Continuing Education Programs 611710 10634324 10634324 0 0 Membership Dues 813920 9254080 9254080 0 0 Education Conferences 611710 6118392 5980691 0 137701 Education Publications 511120 1494225 737699 756526 0 Chapter activities 611710 898156 898156 0 0 575350 575350 0 0 28974527 1685399 0 0 1685399 0 0 0 0 892923 833671 0 59252 807202 0 1062890 0 -255688 0 -255688 0 -122628 -133060 27919594 0 25165907 0 2753687 0 2753687 0 0 2753687 76247 88893 79987 -3740 0 -3740 0 0 0 0 0 0 1104930 356487 748443 730349 -4881 22975 125203 0 0 125203 125203 35747922 29644320 629017 4647417 190979 190979 496334 496334 0 0 0 0 2215762 0 2215762 0 0 0 0 0 21872929 11368644 10488545 15740 1362471 709516 651973 982 2875842 1437984 1435867 1991 1631571 778499 851994 1078 0 0 0 0 23651 0 23651 0 57764 0 57764 0 0 0 0 0 0 0 601397 0 601397 0 1931299 694333 1236966 0 1042258 1042258 0 0 1037923 409741 628182 0 863380 0 863380 0 538664 538664 0 0 1109907 529981 579193 733 1115867 432504 683363 0 0 0 0 0 5933331 5933331 0 0 630596 0 630596 0 -7911460 -1403620 -6507840 0 1714204 237305 1476899 0 225037 0 225037 0 Printing and publications 1756687 1623237 133450 0 Postage and shipping expenses 864369 833044 31318 7 Indirect cost allocation 0 7946600 -7946600 0 Tax expense 42499 0 42499 0 0 0 0 0 42223261 33799334 8403396 20531 5874736 4786798 9002114 5463632 0 0 1887865 1401062 0 0 0 0 0 0 246047 254799 1679693 1651088 53018828 12346547 42228384 40672281 72483894 75520412 0 0 0 0 0 0 0 0 133402733 129750072 7361565 7665374 0 0 10252629 9722375 0 0 0 0 0 0 19272486 18659412 0 0 0 0 36886680 36047161 X 92973898 89977577 3542155 3725334 96516053 93702911 133402733 129750072 X -6475339 3701355 0 0 0 -39158 X 0 1 X 1 0 X 678484 186773 4160690 963937 827168 6817052 29210077 22289657 24795939 28991459 29942149 135229281 61673 39893 17343 25004 76247 220160 0 0 0 0 0 0 0 0 0 0 0 0 29950234 22516323 28973972 29980400 30845564 142266493 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 142266493 2816116 2641936 1646677 1661777 2164719 10931225 43896 122485 184337 43105 0 393823 2860012 2764421 1831014 1704882 2164719 11325048 0 0 0 0 0 0 53468 4372866 37641 64284 125203 4653462 32863714 29653610 30842627 31749566 33135486 158245003 0.89903 0.89780 0.07157 0.07309 X Schedule A, Part III, Line 12 Most of the miscellaneous revenue is related to write-off of unused and likely to never be redeemed gift certificates and credits for credit card points redemptions. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 1 8640 0 0 0 0 8640 0 Schedule C, Part II-B, Line 1 During this period, approximately 120 hours of paid staff time was spent writing and reviewing letters in support of or in opposition of legislation and/or endorsing other organizations' requests for support of legislation. Specific issues in which AACN engaged in lobbying activities include: (1) July, 2022: AACN signed on to a Nursing Community Coalition letter to the U.S. Senate supporting consideration and passage of H.R. 6087, the Improving Access to Workers' Compensation for Injured Federal Workers Act. (2) August, 2022: AACN joined other members of the Critical Care Societies Collaborative in signing a letter to the Chair and Ranking Member of the Committee on Health, Education, Labor, and Pensions expressing support for S. 3799, the Prepare for and Respond to Existing Viruses, Emerging New Threats, and Pandemics Act. (3) August, 2022: AACN joined with the Society of Critical Care Medicine in signing a letter to the U.S. House of Representatives applauding them for their leadership in introducing the Safety from Violence for Healthcare Employees (SAVE) Act of 2022. (4) August, 2022: AACN signed on to a Nursing Community Coalition letter to the Chairmen and Ranking Members of the House and Senate Committees on Armed Services urging them to include recognition for the United States Cadet Nurse Corps in any final bill. (5) August, 2022: AACN signed on to a letter written by ANA Policy and Government Affairs, requesting CMS to address issues related to appropriate staffing. (6) September, 2022: AACN signed on to a Nursing Community Coalition letter to the Chairs and Ranking Members of the House and Senate requesting support for the funding levels that advanced out of the House Appropriations Committee of at least $324.472 million for Nursing Workforce Development Programs (Title VIII of the Public Health Service Act [42 U.S.C. 296 et seq.]) and at least $208.571 million for the National Institute of Nursing Research (NINR, National Institutes of Health). (7) September, 2022: Signed on to a letter to the Speaker of the House, House Majority Leader, and House and Senate Minority Leaders urging them to pass and include the following priorities in any end of year package: Invest in Nursing Education Pathways - Cosponsor and Pass the Future Advancement of Academic Nursing (FAAN) Act (S.246/H.R.851); Make Waivers that have Supported Our Nation's Health during this Public Emergency Permanent; Ensure Parity within Federal Programs - Cosponsor and Pass the Nurse Corps Tax Parity Act (S.3505); Invest in Maternal Health - Cosponsor and Pass the Black Maternal Health Omnibus Act (H.R.959/S.346) and the Midwives for MOMs Act (H.R.3352/S.1697); Support our Nation's Federal Employees - Pass the Improving Access to Workers' Compensation for Injured Federal Workers Act (H.R.6087); Institute Safety Measures for Current and Future Nursing Workforce; Support the Mental Health and Healthy Working Environments for Nurses; and Invest in our Public Health Infrastructure. (8) October, 2022: Signed on to a Nursing Community Coalition letter to the US House of Representatives thanking them for introducing H.R.8812, the Improving Care and Access to Nurses (ICAN) Act. (9) November, 2022: AACN sent a letter to both the House and Senate Nursing Caucus to make them aware of new research from the American Association of Critical-Care Nurses (AACN) that underscores the benefits of creating and sustaining healthy work environments (HWEs) to support nurse staffing, retention, and optimal patient care.(10) November, 2022: Signed on to a Nursing Community Coalition letter to the House and Senate Appropriations Committees requesting at least $324.472 million for Title VIII Nursing Workforce Development Programs and at least $208.571 million for the National Institute of Nursing Research in the Fiscal Year 2023 Omnibus. (11) November, 2022: Signed on to a Nursing Community Coalition letter to Senate Majority and Minority leaders urging the passage of the Workplace Violence Prevention for Health Care and Social Service Workers Act (S.4182) this Congress. (12) December, 2022: Signed on to a Nursing Community Coalition letter to the Speaker of the House, House Majority Leader, and House and Senate Minority Leaders urging them to pass top legislative priorities addressing the needs of nursing education, practice, and research before the end of the 117th Congress. (13) December, 2022: Signed on to a Nursing Community Coalition letter thanking members of Congress for introducing the National Nursing Workforce Center Act of 2022 (H.R. 8817/S.4844). (14) March, 2023: Signed on to letter from the American Association of Colleges of Nursing to the Associate Director of the Agency for Healthcare Research and Quality nominating Susan Buchholz to be a member of the U.S. Preventative Services Task Force (USTF). (15) March, 2023: Signed on to a Nursing Community Coalition letter to the House and Senate Appropriations Committees on Labor, Health and Human Services, Education and Related Agencies outlining the funding requests of at least $530 million for Title VIII Nursing Workforce Development Programs and at least $210 million for the National Institute of Nursing Research for FY 2024. (16) March, 2023: Signed on to a Nursing Community Coalition letter urging Congress to take action to make waivers permanent beyond this Public Health Emergency (PHE). (17) March, 2023: Signed on to the Nursing Community Coalition's response to the Senate Health, Education, Labor, and Pensions (HELP) Committee's Health Workforce Request for Information (RFI). (18) March, 2023: Signed on to a Nursing Community Coalition's written testimony for the record, which was submitted to the House Appropriations Subcommittee on Labor, Health and Human Services, and Education. (19) April, 2023: Signed on to the Nursing Community Coalition's written testimony for the record, which was submitted to the Senate Appropriations Subcommittee on Labor, Health and Human Services, and Education. (20) May, 2023: Signed on to a Nursing Community Coalition letter supporting the introduction of the Improving Access to Workers' Compensation for injured Federal Workers Act (S.131/H.R.618). (21) May, 2023: Signed on to a Nursing Community Coalition letter urging Congress to take action on top appropriations and legislative priorities that impact nursing education, workforce, and research. (22) May, 2023: Signed on to a Nursing Community Coalition letter to Senate Nursing Caucus Co-Chairs, House Nursing Caucus Co-Chairs, and House Nursing Caucus Vice Co-Chairs and two of the nurses in Congress thanking them for introducing S.Res.201 and H.Res.375 - a resolution supporting the goals and ideals of National Nurses Week. (23) June, 2023: Signed on to a Nursing Community Coalition letter to two Representatives and Senate Nursing Caucus Co-Chairs thanking them for introducing the National Nursing Workforce Center Act of 2023 (H.R.2411/S.1150). (24) June, 2023: Signed on to a Nursing Community Coalition letter to Representatives Courtney and Baldwin thanking them for introducing the Workplace Violence Prevention for Health Care and Social Service Workers Act (H.R.2663/S.1176). (25) June, 2023: Signed on to a Nursing Community Coalition letter to House Nursing Caucus Co-Chairs and Vice Co-Chairs thanking them for introducing the Improving Care and Access to Nurses (ICAN) Act (H.R.2713). (26) June, 2023: Signed on to a Nursing Community Coalition letter to Senator Elizabeth Warren and Representative Mike Lawler thanking them for introducing the United States Cadet Nurse Corps Service Recognition Act of 2023 (S.1633/H.R.3428). AACN members and chapters at times may, of their own accord, seek input from AACN staff about specific federal, state or local legislation. AACN staff direct them to contact the appropriate governmental entity for information about the legislation. AACN does not support or oppose any candidate for elective office, nor does it participate in any political campaign on behalf of any client for elective office. AACN members are advised to participate in political campaign activity as individuals on their own time and not as representatives of AACN or its local chapters. 3468190 21121 347166 188210 0 0 3648267 4080634 26659 -459888 179215 0 0 3468190 3470090 17316 701305 108077 0 0 4080634 3301368 40503 159787 31568 0 0 3470090 3200922 47903 218623 166080 0 0 3301368 0 0.74 0.26 0 0 0 12230622 12230622 0 19517699 2222046 17295653 0 11877491 2390739 9486752 0 4051215 2758590 1292625 0 5341801 4975172 366629 40672281 0 0 X 39228715 3701355 0 0 0 3701355 35527360 601397 -380835 220562 35747922 41835809 0 0 0 1422334 1422334 40413475 601397 1208389 1809786 42223261 Schedule D, Part V, Line 4 The AACN Scholarship Endowment was established in 2001 with a goal of the endowment to reach a maturity level of $2 million and become a self-sustaining funding source. The fund reached its goal during FY2011, and the Board approved a spending policy to begin using the endowment to fund scholarships the following year. The AACN scholarship program is designed to help members enrich their careers and acquire knowledge and skills beyond traditional academic nursing education. The scholarship program also continues to award some limited scholarships for specific academic courses. Scholarship applicants must assess gaps in their knowledge and skills, identify and evaluate learning opportunities, and develop a plan to show how an AACN scholarship will help them achieve their professional learning goals. Schedule D, Part X, Line 2 The Association follows the accounting standard regarding the recognition and measurement of uncertain tax positions. The Association evaluated its tax positions and determined that its positions are more likely than not to be sustained on examination. The Association's tax returns are subject to review and examination by the federal and state authorities. Schedule D, Part XI, Line 4b (1) Cost of goods sold shown as an offset against revenue on the tax return ($359,444), (2) Special fundraising costs shown as an offset against revenue on the tax return ($79,987) and (3) Property Holdings building rental costs are shown as an offset against revenue on the tax return ($1,062,890). These are offset by Chapter revenues not part of audit ($1,137,586) and cash discounts recorded as expense credit in audited statements ($16,100). Schedule D, Part XII, Line 2d (1) Cost of goods shown as an offset against revenue on the tax return ($359,444), and (2) rental costs are shown as an offset against revenue on the tax return ($1,062,890). Schedule D, Part XII, Line 4b (1) Chapter expenses included in the tax return but not part of the audited financial statements net of special fundraising costs ($1,224,489), and (2) cash discounts recorded as expense credit in the audited financial statements ($16,100). Chapter Events 165140 88893 76247 0 0 0 79987 0 0 0 0 165140 88893 76247 0 0 0 79987 0 0 79987 -3740 1 Vanderbilt University PMB 406310 2301 Vanderbilt Place Nashville TN 37240 620476822 501c3 50000 0 Book An ecological perspective on return to work after critical illness: A mixed-methods study San Diego State University Foundation 5250 Campanile Drive MC 1947 San Diego CA 92182 956042721 501c3 49999 0 Book Clinical Metabolic Monitoring to Confirm Sepsis The Center for Health Design Inc 1850 Gateway Blvd Suite 1083 Concord CA 94520 680298038 501c3 42257 0 Book Layout, Visibility, and Teamwork in Critical Care Nurses University of Washington 4300 Roosevelt Way NE Box 354965 Seattle WA 98105 916001537 501c3 10000 0 Book Sleep and Cognition After Left Ventricular Assist Device Implantation Foundation of the National Student Nurse Association 45 Main Street Suite 606 Brooklyn NY 11201 133123125 501c3 27500 0 Book Funding for ten nursing student scholarships administered through Foundation of the NSNA 5 0 Chapter Awarded Scholarships 160 240549 0 Book Individual scholarships provided by AACN Chapters Continuing Professional Education Scholarships 64 197411 17100 Book Provided some scholarship recipients with free registration to the annual conference (NTI) in addition to their cash scholarship. Excellence Awards 24 41274 0 Book Schedule I, Part I, Line 2 The organization keeps files of all past, active and completed grants. Part of the grant agreement is to submit progress reports throughout the award period. These annual reports typically include a budget progress report showing how the funds have been spent. If there are funds remaining at the end of the project, those funds are expected to be returned to AACN. In the current fiscal year, we were returned $6,277 of unused grant funds by past recipients. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Dana Woods Exec Director/CEO 570209 0 78808 0 0 0 61000 0 25444 0 735461 0 0 0 Marye Barden Chief Clinical Officer 316814 0 1500 0 0 0 21578 0 18163 0 358055 0 0 0 Kelli Lockhart Senior Director 296847 0 1500 0 0 0 20030 0 16482 0 334859 0 0 0 Tracey Van Dell Senior Director 278063 0 1500 0 0 0 21697 0 46360 0 347620 0 0 0 Miguel Villela IT Director 265419 0 1500 0 0 0 19928 0 17797 0 304644 0 0 0 Michael Wulf Controller 229362 0 1500 0 0 0 17390 0 11846 0 260098 0 0 0 Patty Uy Business Strategy & Development Director 197772 0 1500 0 0 0 14603 0 1817 0 215692 0 0 0 Lisa Vallencia-Villaire Experience Design Director 196624 0 1500 0 0 0 15192 0 30800 0 244116 0 0 0 Devin Ibrahimi Practice Excellence Director 192094 0 1500 0 0 0 15484 0 35539 0 244617 0 0 0 Schedule J, Part I, Line 1a The process of reviewing and setting CEO compensation is the responsibility of the AACN CEO Compensation and Evaluation Committee. This committee is comprised of the President and President-elect, with the Immediate Past President serving as an ad-hoc member (note that all of these are volunteer, non-compensated positions). The current Treasurer and Secretary of the Board join and serve on the committee whenever decisions related to CEO compensation are required (these too are volunteer, non-compensated positions). The Committee performs an annual performance evaluation and a review of comparable compensation data. The Human Resources leader provides consultation to the committee related to CEO compensation benchmarking surveys. An independent consulting firm was engaged to review and opine on the CEO compensation. The last CEO compensation review and adjustment occurred in January 2023. The CEO is accountable for compensation levels for all other positions. Each team member receives an annual review and compensation adjustment at the beginning of the calendar year. Salary adjustments are aligned with the annual budget and are allocated based on benchmark salary data and the performance evaluation of each team member. The last salary adjustment occurred in January, 2023. Form 990, Part VI, Section A, Line 1a The Board of Directors have delegated some responsibilities to the Audit Committee and the CEO Compensation and Evaluation Committee. The Audit Committee is charged with appointing, compensating and overseeing the external auditor's work and to review the external auditor's reports and consider whether they need to make recommendations to the full board to improve financial reporting practices and management practices. The committee is also charged with the review and approval of the Form 990 prior to filing with the Internal Revenue Service. The CEO Compensation and Evaluation Committee performs an annual review of the CEO performance and adjustments to CEO compensation based on performance and evaluation of benchmarking data. Form 990, Part VI, Section A, Line 6 American Association of Critical-Care Nurses (AACN) is a membership organization with over 127,000 members throughout the country. The AACN bylaws state that "any person who is interested in any aspect of critical-care nursing and who subscribes to the mission of AACN, agrees to abide by its charter and Bylaws, and meets such other criteria for membership as may be established by these Bylaws or by the Board of Directors, shall be eligible for membership." Form 990, Part VI, Section A, Line 7a Nominations to the AACN Board of Directors are accepted from the full membership. Nominated candidates are vetted by the AACN Nominating Committee (comprised of appointed and elected members) who determines the slate of candidates for the ballot. The ballot is presented to the full membership for an online election. We must have a minimum 3% of the eligible voters cast a ballot for the election to close. There is no approval by the Board as the AACN directors are elected by the membership. The number of open positions varies each year as the 3-year terms are staggered to ensure continuity on the Board. Form 990, Part VI, Section A, Line 7b The Bylaws of the Association may be amended by a majority of the Active, International, Emeritus and Lifetime members. In addition, the Association may merge with other national, state, or local organizations only upon a majority approval by the total eligible voting membership. Form 990, Part VI, Section B, Line 11b The completed form 990 and related schedules were disseminated to the Audit Committee for review in advance of a conference call for the purpose to review and approve the return. All Audit Committee members, along with the Chief Financial Officer and/or Controller, were on the conference call and all questions or concerns raised by the committee members were resolved to ensure unanimous approval of the return. The Audit Committee then reports any findings to the full Board of Directors and the completed return is disseminated to all members of the Board. Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy is reviewed annually at the Fall Board meeting as this is the orientation meeting for newly elected Directors. Each Director is required annually to complete a Conflicts of Interest Statement that lists any potential conflicts. The procedure flowed includes the following steps: 1. The first step in understanding and managing potential conflicts is for the Board to annually review the Conflict of Interest Policy and for each board member to complete a conflict of interest statement declaring any real or potential conflicts. It is recommended that any declared conflicts be shared with the full board so there is transparency and shared understanding. The board can then discuss any issues or concerns. 2. Secondly, each board member has an ongoing accountability to declare potential conflicts that may emerge during the course of the year for the board's review. Board members are also responsible for inquiring with one another if they think another board member may have a conflict that has yet to be recognized. Board members are requested to contact the board leadership to begin these conversations. 3. During board discussions (face-to-face, conference call and e-mail) an opportunity is provided for potential conflicts to be surfaced and discussed. To facilitate this work, a standard question is included at the time the meeting agenda is approved to ask if any board members have identified a potential conflict related to anything on the agenda that should be discussed. A similar question can be included for any business being managed via email. 4. If a conflict is surfaced, the board has several options as to how to manage the conflict including but not limited to the following: (1) Restrict the board member's access to information such as board meeting materials on the relevant topic (e.g. PE candidates do not receive the documents used by the board for the PE evaluation and selection) (2) Exclude the board member from a committee or work group dealing with a specific topic (3) Withdraw from discussing or voting on a particular item of business at the board meeting; (4) Have certain tasks or duties reassigned to another person (e.g. PE candidates who serve as Board Learning Partners are excused from those duties as it relates to the PE selection process and meeting; instead another board member is assigned as a resource to the new board member); (5) Relinquish the interest that creates the conflict (e.g. resign a position on a committee for another nursing organization if the work competes with the work of AACN or the AACN Certification Corporation). In addition, all employees agree to Conflict of Interest and Work Ethics statements contained in the Employee Handbook. Form 990, Part VI, Section B, Line 15 The process of reviewing and setting CEO compensation is the responsibility of the AACN CEO Compensation and Evaluation Committee. This committee is comprised of the President and President-elect, with the Immediate Past President serving as an ad-hoc member (note that all of these are volunteer, non-compensated positions). The current Treasurer and Secretary of the Board join and serve on the committee whenever decisions related to CEO compensation are required (these too are volunteer, non-compensated positions). The Committee performs an annual performance evaluation and a review of comparable compensation data. The Human Resources leader provides consultation to the committee related to CEO compensation benchmarking surveys. An independent consulting firm was engaged to review and opine on the CEO compensation. The last CEO compensation review and adjustment occurred in January 2023. The CEO is accountable for compensation levels for all other positions. Each team member receives an annual review and compensation adjustment at the beginning of the calendar year. Salary adjustments are aligned with the annual budget and are allocated based on benchmark salary data and the performance evaluation of each team member. The last salary adjustment occurred in January, 2023. Form 990, Part VI, Section C, Line 19 AACN does not make governing documents or conflict of interest policies available to the public. The financial statements of the organization are published to the membership within 120 days of the end of the fiscal year. The audited financial statements are posted on the AACN website and are available to the public upon request. The AACN 990 tax return is made available upon request. Form 990, Part XI, Line 9 Chapter reduction in net assets due to some Chapters disbanding during the year. AACN Property Holdings LLC 27071 Aliso Creek Road Aliso Viejo CA 926563399 204045976 Property holding company - single entity LLC CA 807202 39634823 N/A AACN Certification Corporation 27071 Aliso Creek Road Aliso Viejo CA 926563399 510172756 Nurse credentialing CA 501(c)(6) AACN 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 AACN Certification Corporation e 18659412 AACN Certification Corporation guaranteed a mortgage loan on behalf of AACN related to the purchase of a commercial property for its headquarters site in 2019. AACN Certification Corporation n 1171166 Corporate overhead costs are allocated among the related entities using a step-basis methodology based on each entities usage of these shared services. Each department cost (includes customer care, finance, information technology, human resources, meetings, executive, fulfillment, facilities, business strategy and insights, and organizational effectiveness) is allocated based on estimated time spent by team members, space allocations, percentage of direct program costs, etc. Allocations are done on each department based on these estimates and charged to each separate entity on a monthly basis. AACN Certification Corporation n 2594640 Included in the allocation of overhead costs is the cost of salaries and benefits for these support departments. In these departments, salaries and benefits expenses make up 68.9% of the overall costs. Based on this percentage, the amount recorded here represents 68.9% of the $3,765,806 total general and administrative costs allocated to AACN Certification Corporation. AACN Certification Corporation p 3765806 Reimbursements from one entity to another flow through the intercompany account balances. As an example, all cash is deposited to the AACN account. Amounts from Certification create a receivable due them and a payable on AACN's records. Similarly, most expenses are paid by AACN, and when Certification related payments are made they create a receivable for AACN and a payable for Certification Corporation. Quarterly we review the intercompany account balances and transfer funds between organizations to ensure that the intercompany balances are paid. AACN Certification Corporation q 3765806 Reimbursements from one entity to another flow through the intercompany account balances. As an example, all cash is deposited to the AACN account. Amounts from Certification create a receivable due them and a payable on AACN's records. Similarly, most expenses are paid by AACN, and when Certification related payments are made they create a receivable for AACN and a payable for Certification Corporation. Quarterly we review the intercompany account balances and transfer funds between organizations to ensure that the intercompany balances are paid.