2022-11-15T10:49:21-06:00 2022-06-30 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2021-07-01 410122284 AMERICAN REGISTRY OF RADIOLOGIC TECHNOLOGISTS AMER 6516870048 1255 NORTHLAND DRIVE ST PAUL MN 55120 WILLIAM MURTAUGH CHIEF FINANCIAL OFFICER 6516870048 2022-10-24 1 WILLIAM MURTAUGH 999009999 RYAN VETTRUS CPA P01243596 6514834521 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JERRY REID 1255 NORTHLAND DRIVE ST PAUL MN 55120 28438891 0 X WWW.ARRT.ORG X 1936 MN RECOGNIZE QUALIFIED INDIVIDUALS IN MEDICAL IMAGING, INTERVENTIONAL PROCEDURES AND RADIATION THERAPY 10 10 123 178 131544 69927 0 0 20754581 21281211 6491781 5289763 119 340 27246481 26571314 0 0 0 0 10757030 10952460 0 0 0 9505049 10976099 20262079 21928559 6984402 4642755 101919264 93277898 5344921 4964317 96574343 88313581 TO PROMOTE HIGH STANDARDS OF PATIENT CARE BY RECOGNIZING QUALIFIED INDIVIDUALS IN MEDICAL IMAGING, INTERVENTIONAL PROCEDURES AND RADIATION THERAPY. 0 0 CONTINUING REQUIREMENTS - RECOGNIZE INDIVIDUALS WHO CONTINUE TO DEMONSTRATE THEIR QUALIFICATIONS THROUGH ADHERENCE TO THE STANDARDS OF PROFESSIONAL BEHAVIOR AND COMPLIANCE WITH THE CONTINUING EDUCATION REQUIREMENTS AND CONTINUING QUALIFICATION REQUIREMENTS WHEN APPLICABLE. THE ORGANIZATION HAD OVER 348,000 TECHNOLOGISTS REGISTERED DURING THE YEAR ENDED JUNE 30, 2022. INITIAL REQUIREMENTS - DEVELOP AND ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE MODALITY TO ADOPT AND UPHOLD STANDARDS FOR EDUCATIONAL PREPARATION FOR ENTRY INTO THE PROFESSION. THE ORGANIZATION EXAMINED OVER 30,000 CANDIDATES FOR CERTIFICATION DURING THE YEAR ENDED JUNE 30, 2022. LICENSURE - ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE MODALITY FOR STATE LICENSURE. THE ORGANIZATION EXAMINED OVER 3,800 CANDIDATES FOR LICENSURE DURING THE YEAR ENDED JUNE 30, 2022. 0 0 0 0 0 0 1 0 0 1 1 0 0 1 1 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 0 1 118 0 1 123 1 1 1 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X WILLIAM MURTAUGH 6516870048 1225 NORTHLAND DRIVE ST PAUL MN 55120 JERRY B REID CHIEF EXECUTIVE OFFICER 40.00 X 608795 0 45027 WILLIAM T MURTAUGH CFO/SENIOR DIRECTOR 40.00 X 234543 0 44363 KEVIN RUSH SENIOR DIRECTOR 40.00 X 227690 0 49591 KELLIE J REYNOLDS DIRECTOR 40.00 X 154263 0 39797 KENNETH L BROWN DIRECTOR 40.00 X 165781 0 29771 JEFFREY MCLEOD DIRECTOR 40.00 X 126481 0 30887 LISA ANDERSON SOFTWARE ENGINEER 40.00 X 130389 0 28676 PAUL A LARSON PRESIDENT 6.00 X X 0 0 0 TRAVIS PROWANT VICE PRESIDENT 6.00 X X 6000 0 0 CHERYL DUBOSE SECRETARY/TREASURER 6.00 X X 8000 0 0 LISA A BARTENHAGEN TRUSTEE 6.00 X 5000 0 0 JEFF KILLION TRUSTEE 6.00 X 2000 0 0 SANDRA HAYDEN TRUSTEE 6.00 X 4000 0 0 CANDICE JOHNSTONE TRUSTEE 6.00 X 6000 0 0 DAVID C MADOFF TRUSTEE 6.00 X 7000 0 0 DEBORAH J RUBENS TRUSTEE 6.00 X 5000 0 0 BARBARA J SMITH TRUSTEE 6.00 X 1000 0 0 BETH L WEBER TRUSTEE 6.00 X 4000 0 0 ELIZABETH C ROMERO TRUSTEE 6.00 X 8000 0 0 1703942 0 268112 7 0 1 0 NCS PEARSON INC 5601 GREEN VALLEY DRIVE BLOOMINGTON MN 55437 APPLICANT TESTING 3813337 WELLS FARGO BANK MINNESOTA NA PO BOX 1450 MINNEAPOLIS MN 55485 PAYMENT PROCESSING 388213 DORSEY & WHITNEY 50 S 6TH STREET MINNEAPOLIS MN 55402 LEGAL COUNSEL 287812 JEFFREY J KIMBELL & ASSOCIATES INC 601 13TH STREET NW SUITE 650 NORT WASHINGTON DC 20005 LOBBYING 260000 CDW DIRECT LLC PO BOX 75723 CHICAGO IL 60675 COMPUTER SOFTWARE & EQUIPMENT 207671 9 CONTINUING REQUIREMENTS 541900 13919090 13919090 INITIAL REQUIREMENTS 541900 6458150 6458150 LICENSURE 541900 711685 711685 SERVICE 541900 192286 138460 53826 21281211 3465174 77378 3387796 3692166 1867577 1824589 1824589 1824589 MISCELLANEOUS REVENUE 900099 340 340 340 26571314 21227385 131544 5212385 1031500 7541361 666471 1069359 643769 342071 703676 354770 1350974 147449 1498809 188723 763845 780505 586268 217081 COMPUTER BASED TESTING 3851865 STAFF/TRUSTEE DEVELOPME 190063 21928559 1838 2555 13517201 13266608 63020 75989 520817 575820 16798788 8588728 8630832 8210060 79108496 71069806 77060 77060 101919264 93277898 3041835 2643931 2057275 2043305 245811 277081 5344921 4964317 X 96574343 88313581 96574343 88313581 101919264 93277898 4642755 -12903517 0 X X 0 1 X 1 0 77060 X BUILDING ORNATION 0 3011493 3011493 10366435 5746956 4619479 3420860 2841772 579088 8210060 DIVERSIFIED EQUITY FUND 28547544 F MARKETABLE ALTERNATIVES FUND 10075189 F SPECIAL OPPORTUNITIES FUND 9497541 F PRIVATE MARKET FUND 6920306 F MONEY MARKET ACCOUNTS 150118 F GOVERNMENT SECURITIES 832650 F CORPORATE BONDS 445438 F MUTUAL FUNDS 6096752 F COMMON STOCKS 6689511 F MUTUAL FUNDS - CEFS AND ETFS 1814757 F 71069806 ACCRUED PENSION CONTRIBUTION 277081 277081 X 21351718 0 21351718 5219596 5219596 26571314 21573789 0 21573789 354770 354770 21928559 PART III, LINE 4: THE ORGANIZATION HAD ART CREATED FOR DISPLAY IN ITS OFFICE BUILDING TO CREATE AN ATMOSPHERE IN SUPPORT AND ADVANCEMENT OF THE FIELD OF RADIOLOGY. PART X, LINE 2: ASC 740 FOOTNOTE: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE THEREFORE, THE STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. THE ORGANIZATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ORGANIZATION HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIVIDEND INCOME 3,395,007. REALIZED GAIN ON LONG-TERM FUND 1,824,589. X X X X 0 0 0 JERRY B REID CHIEF EXECUTIVE OFFICER 608795 0 0 0 0 0 31350 0 13677 0 653822 0 0 0 WILLIAM T MURTAUGH CFO/SENIOR DIRECTOR 234543 0 0 0 0 0 25746 0 18617 0 278906 0 0 0 KEVIN RUSH SENIOR DIRECTOR 227690 0 0 0 0 0 25719 0 23872 0 277281 0 0 0 KELLIE J REYNOLDS DIRECTOR 154263 0 0 0 0 0 16411 0 23386 0 194060 0 0 0 KENNETH L BROWN DIRECTOR 165781 0 0 0 0 0 18688 0 11083 0 195552 0 0 0 JEFFREY MCLEOD DIRECTOR 126481 0 0 0 0 0 15107 0 15780 0 157368 0 0 0 LISA ANDERSON SOFTWARE ENGINEER 130389 0 0 0 0 0 14551 0 14125 0 159065 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE TEN TRUSTEES ARE THE ONLY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE TEN TRUSTEES (MEMBERS) ELECT TRUSTEES UPON EXPIRATION OF THEIR TERMS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED AND APPROVED BY THE ENTIRE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND TRUSTEES ARE REQUIRED TO ANNUALLY REPORT IN WRITING ANY INTERESTS OR PARTICIPATION IN OTHER ORGANIZATIONS AND CAUSES. OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE TO THE BOARD A CONFLICT OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST BETWEEN ANNUAL REPORTS. INDIVIDUALS WITH POTENTIAL OR ACTUAL CONFLICTS ARE NOT COUNTED FOR PURPOSES OF A QUORUM AND ABSTAIN FROM VOTING ON AND INFLUENCING ANY ACTION TAKEN WITH RESPECT TO ANY MATTER WHICH MAY BE AFFECTED BY SUCH CONFLICT. DETERMINATIONS ARE MADE BY THE REMAINING MEMBERS THAT DO NOT HAVE AN INTEREST IN THE TRANSACTION. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 CHIEF EXECUTIVE OFFICER - THE FULL BOARD OF TRUSTEES MEETS IN AN EXECUTIVE SESSION TO REVIEW THE CHIEF EXECUTIVE OFFICER'S PERFORMANCE AND ADJUSTS COMPENSATION BASED UPON THAT REVIEW USING THE APPROPRIATE COMPARABILITY DATA AND DOCUMENTATION OF THE DELIBERATION AND DECISION. THIS PROCESS WAS LAST CONDUCTED IN 2021 FOR CHIEF EXECUTIVE OFFICER JERRY REID. OTHER OFFICERS OR KEY EMPLOYEES - THE CHIEF EXECUTIVE OFFICER, WITH GUIDANCE FROM THE BOARD OF TRUSTEES, DETERMINES COMPENSATION INCREASES WITH THE ADDITIONAL INPUT FROM SUPERVISING DIRECTORS AND MANAGERS USING THE APPROPRIATE COMPARABILITY DATA AND DOCUMENTATION OF THE DELIBERATION AND DECISION. THIS PROCESS WAS LAST CONDUCTED IN 2021 FOR CHIEF FINANCIAL OFFICER, WILLIAM MURTAUGH AND THE SENIOR DIRECTOR OF CREDENTIALING OPERATIONS, KEVIN RUSH FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC ON GUIDESTAR AND UPON REQUEST. THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR