2023-11-15T21:39:51-06:00 2022-12-31 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2022-01-01 310940935 CONTROLLED RELEASE SOCIETY INC CONT 8563806910 1120 ROUTE 73 200 MOUNT LAUREL NJ 08054 STEPHANIE BARRETT TREASURER 8563806910 2023-11-15 1 STEPHANIE BARRETT 999009999 0 JENNIFER SOLOT P00749373 2155677770 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHANIE BARRETT 1120 ROUTE 73 200 MOUNT LAUREL NJ 08054 1732937 0 X WWW.CONTROLLEDRELEASESOCIETY.ORG X 1978 OH CRS IS DEDICATED TO ADVANCING THE CONTROLLED DELIVERY OF CHEMICAL AND BIOLOGICAL SUBSTANCES. 10 10 0 11 0 0 30032 20000 995315 1481630 95286 59718 13476 25993 1134109 1587341 29388 62588 0 0 0 0 0 0 0 917385 1389984 946773 1452572 187336 134769 2424621 2196140 294249 333115 2130372 1863025 X THE CONTROLLED RELEASE SOCIETY IS AN INTERNATIONAL, INTERDISCIPLINARY, NOT-FOR-PROFIT ORGANIZATION WHOSE GUIDING PURPOSE SHALL BE THE ADVANCEMENT OF THE SCIENCE AND TECHNOLOGY OF THE CONTROLLED DELIVERY OF CHEMICAL AND BIOLOGICAL SUBSTANCES. ADDITIONALLY, THE OBJECTIVES OF THE SOCIETY ARE AS FOLLOWS:(A) ENCOURAGE THE EXCHANGE OF INFORMATION IN THE FIELD OF CONTROLLED DELIVERY THROUGH EDUCATION, RESEARCH, AND THE DISSEMINATION OF INFORMATION USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO SOCIETY.(B) FOSTER AND ENHANCE COMMUNICATION BETWEEN ALL CONSTITUENCIES OF THE SOCIETY;(C) CONDUCT AN ANNUAL BUSINESS, ANNUAL SCIENTIFIC, AND OTHER REGULAR MEETINGS TO FOSTER PEER COMMUNICATION; AND,(D) DEVELOP PUBLIC POLICY POSITIONS BENEFITING MEMBERS AND THE PUBLIC. 0 0 949841 62588 1103668 CONFERENCES, SPECIAL INTEREST GROUPS, AND WORKSHOPS PROVIDE A FORUM FOR EDUCATIONAL EXCHANGE OF INFORMATION ON THE SCIENCE OF BIOACTIVES. 170859 MEMBER SERVICES PROVIDES INTERACTION TO OVER 1,400 SCIENTISTS WORLD WIDE OF WHICH 40% ARE FROM INDUSTRY AND 60% ARE FROM ACADEMIA AND GOVERNMENT. 76183 207103 JOURNALS AND PUBLICATIONS ALLOW FOR THE DISSEMINATION OF INFORMATION ON BIOACTIVES. 1026024 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X ASSOCIATION HEADQUARTERS INC 8564390500 1120 ROUTE 73 SUITE 200 MOUNT LAUREL NJ 08054 X BEN BOYD PAST PRESIDENT (FROM 8/1/2022) 5.00 X X 0 0 0 BEN BOYD PRESIDENT (UNTIL 7/31/2022) 5.00 X X 0 0 0 CHRISTINE ALLEN PRESIDENT (FROM 8/1/2022) 5.00 X X 0 0 0 CHRISTINE ALLEN PRESIDENT ELECT (UNTIL 7/31/2022) 5.00 X X 0 0 0 TWAN LAMMERS PRESIDENT ELECT (FROM 8/1/2022) 5.00 X X 0 0 0 YVONNE PERRIE PAST PRESIDENT (UNTIL 7/31/2022) 5.00 X X 0 0 0 MARIA TERESA PERACCHIA TREASURER (FROM 8/1/2022) 5.00 X X 0 0 0 RON SMITH TREASURER (UNTIL 7/31/2022) 5.00 X X 0 0 0 AVI SCHROEDER SECRETARY (FROM 8/1/2022) 5.00 X X 0 0 0 TWAN LAMMERS SECRETARY (UNTIL 7/31/2022) 5.00 X X 0 0 0 YU-KYOUNG OH MEMBER AT LARGE 5.00 X 0 0 0 ALEXANDER KABANOV MEMBER AT LARGE 5.00 X 0 0 0 BRUNO SARMENTO MEMBER AT LARGE 5.00 X 0 0 0 AVI SCHROEDER MEMBER AT LARGE 5.00 X 0 0 0 MARIA VICENT MEMBER AT LARGE 5.00 X 0 0 0 0 0 0 0 0 0 0 ASSOCIATION HEADQUARTERS INC 1120 ROUTE 73 SUITE 200 MOUNT LAUREL NJ 08054 MANAGEMENT SERVICES 840204 CAPITAL TRAITEUR MONTREAL INC 1159 RUE SAINT-ANTOINE OUEST BUREAU MONTREAL QC CA 19060 CATERING FOR MEETING 121019 2 20000 20000 ANNUAL MEETING 900099 1036978 698653 338325 PUBLICATIONS 900099 207103 207103 MEMBER DUES 900099 170859 170859 OTHER MEETINGS 900099 66690 66690 1481630 48319 48319 156995 145596 11399 11399 11399 OTHER REVENUE 900099 25993 25993 25993 1587341 1143305 0 424036 29504 29504 33084 33084 556536 272703 283833 11096 11096 25822 25822 179286 140592 38694 45452 35830 9622 2550 1350 1200 42895 11871 31024 376935 376935 3889 3889 EDITORIAL COSTS 65045 65045 BANK AND CREDIT CARD FE 38758 31091 7667 PROGRAM SUPPLIES 21767 21631 136 MISCELLANEOUS 19953 6388 13565 1452572 1026024 426548 0 139310 113749 43135 220682 102546 108999 84784 32794 61750 61750 3889 0 2050957 1719916 2424621 2196140 30094 19167 264155 313948 294249 333115 X 2080112 1838149 50260 24876 2130372 1863025 2424621 2196140 134769 -402116 0 X 0 1 X 1 0 X 141868 29729 27340 76580 84600 360117 1139077 1277078 740366 891367 1143305 5191193 242000 56159 57400 273725 629284 1522945 1306807 823865 1025347 1501630 6180594 0 0 0 6180594 60263 70738 43331 41402 48319 264053 60263 70738 43331 41402 48319 264053 5590 15554 25013 13476 25993 85626 1588798 1393099 892209 1080225 1575942 6530273 0.94650 0.95510 0.04040 0.03610 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 5,590. 2019 AMOUNT: $ 15,554. 2020 AMOUNT: $ 25,013. 2021 AMOUNT: $ 13,476. 2022 AMOUNT: $ 25,993. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61750 61750 0 0 X 1174129 -402116 -11096 -413212 1587341 0 1587341 1441476 0 1441476 11096 11096 1452572 PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS. GAAP PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. CRS BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES -11,096. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION; FUNDRAISING AWARDS AND TRAVEL GRANTS 24304 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 3993 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 1877 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 1910 0 0 0 0 0 0 32084 0 32084 AWARDS AND TRAVEL GRANTS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 22 24304 CHECK/WIRE TRANSFER AWARDS AND TRAVEL GRANTS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 2 3993 CHECK/WIRE TRANSFER AWARDS AND TRAVEL GRANTS SOUTH ASIA 1 1000 AWARDS AND TRAVEL GRANTS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 4 1877 CHECK/WIRE TRANSFER AWARDS AND TRAVEL GRANTS MIDDLE EAST AND NORTH AFRICA 1 1910 CHECK/WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: GRANTS ARE ATTACHED TO AWARDS GIVEN OUT TO AWARDEES AT THE ANNUAL MEETING. CANDIDATES OR PERSON(S) NOMINATING PROVIDE APPROPRIATE INFORMATION TO THE VARIOUS AWARDS COMMITTEES WHO EVALUATE EACH CANDIDATE. FINAL CANDIDATES ARE SELECTED AND PRESENTED AS A RECOMMENDATION TO THE BOARD OF DIRECTORS WHO APPROVE THE FINALISTS. FINALISTS ARE INFORMED AND PROVIDE BANKING INFORMATION FOR PAYMENT. FINALISTS ARE AWARDED AT THE ANNUAL MEETING BY CHECK OR SHORTLY THEREAFTER BY WIRE TRANSFER. PART III ACCOUNTING METHOD: 1 AWARDS AND TRAVEL GRANTS 14 29504 PART I, LINE 2: GRANTS ARE ATTACHED TO AWARDS GIVEN OUT TO AWARDEES AT THE ANNUAL MEETING. CANDIDATES OR PERSON(S) NOMINATING PROVIDE APPROPRIATE INFORMATION TO THE VARIOUS AWARDS COMMITTEES WHO EVALUATE EACH CANDIDATE. FINAL CANDIDATES ARE SELECTED AND PRESENTED AS A RECOMMENDATION TO THE BOARD OF DIRECTORS WHO APPROVE THE FINALISTS. FINALISTS ARE INFORMED AND PROVIDE BANKING INFORMATION FOR PAYMENT. FINALISTS ARE AWARDED AT THE ANNUAL MEETING BY CHECK OR SHORTLY THEREAFTER BY WIRE TRANSFER. FORM 990, PART VI, SECTION A, LINE 3 DELEGATION OR MANAGEMENT DUTIES TO MANAGEMENT COMPANY CRS RECEIVES VARIOUS MANAGEMENT SERVICES INCLUDING THOSE RELATED TO GENERAL ADMINISTRATION, MEETINGS AND FINANCIAL SERVICES FROM ASSOCIATION HEADQUARTERS, INC. FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION WITH MEMBERS THERE ARE 7 CLASSES OF MEMBERSHIP AS FOLLOWS: MEMBER, STUDENT OR POST DOCTORATE MEMBER, EMERITUS, FELLOW, HONRARY MEMBER, BUSINESS PARTNER AND GOVERNMENT MEMBERS, OF WHICH HONORARY MEMBERS ARE NOT VOTING. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS OF THE GOVERNING BODY THE ORGANIZATION HAS MEMBERS WHO ELECT THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS OF THE ORGANIZATION DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 THE 990 IS REVIEWED BY THE TREASURER OF THE ORGANIZATION. ONCE THE TREASURER'S REVIEW IS COMPLETE, THE 990 IS EMAILED TO EACH VOTING BOARD MEMBER FOR THEIR REVIEW. THE 990 IS ALSO PLACED ON THE INTERNAL BOARD WEBSITE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY THE CONTROLLED RELEASE SOCIETY'S CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. EACH DIRECTOR OR OFFICER SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT IS BELIEVED COULD CONTRIBUTE TO A CONFLICT OF INTEREST. THE EXECUTIVE DIRECTOR MONITORS DISCLOSURES. IN THE EVENT A CONFLICT IS IDENTIFIED, THE EXECUTIVE COMMITTEE WILL BE NOTIFIED TO REVIEW AND ASSESS THE CASE AND PROCEED IN ACCORDANCE WITH THE ORGANIZATION'S POLICY. THE BOARD OF DIRECTORS HAS THE ULTIMATE AUTHORITY TO MAKE DECISIONS REGARDING CONFLICTS OF INTEREST INCLUDING RECUSAL FROM DELIBERATION AND VOTING IF A CONFLICT IS IDENTIFIED, IN ACCORDANCE WITH THE ORGANIZATION'S POLICY. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF OTHER DOCUMENTS THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, FORM 990 AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.