2025-07-15T16:06:58-05:00 2024-08-31 420714325 RSM US LLP 919 EAST MAIN STREET SUITE 1800 RICHMOND VA 23219 990 2023-09-01 530026940 AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES AMER 2026262723 1575 I STREET NW WASHINGTON DC 20005 MICHELLE MASON PRESIDENT & CEO 2026262723 2025-07-15 1 0 MEREDITH BELL P01696827 8042822121 2025-07-15 2023 2025-03-06 01:10:19Z MICHELLE MASON 1575 I STREET NW WASHINGTON DC 20005 34294683 0 X WWW.ASAECENTER.ORG X 1957 DC THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE) IS AN INDIVIDUAL MEMBERSHIP ORGANIZATION OF MORE THAN 50,000 ASSOCIATION EXECUTIVES AND INDUSTRY PARTNERS REPRESENTING MORE THAN 7,400 ORGANIZATIONS. ITS MEMBERS MANAGE LEADING TRADE ASSOCIATIONS, INDIVIDUAL MEMBERSHIP SOCIETIES, AND VOLUNTARY ORGANIZATIONS ACROSS THE UNITED STATES AND IN 50 COUNTRIES AROUND THE GLOBE. OUR MEMBERS ORGANIZATIONS REPRESENT SUCH ESSENTIAL INDUSTRIES AND PROFESSIONS AS HEALTH CARE, MANUFACTURING, BANKING, LAW, ENERGY, INSURANCE, AND THE LIST GOES ON. WE ARE ALSO A LEADING VOICE FOR THE NONPROFIT SECTOR, ADVOCATING FOR VOLUNTARY ORGANIZATIONS SO THAT THEY MAY CONTINUE TO IMPROVE THE QUALITY OF LIFE IN THE UNITED STATES. 19 19 100 1017 3214068 942713 120138 3150 18316464 21843017 886095 1069464 1815155 1417722 21137852 24333353 57254 177397 0 0 10292241 11717051 0 0 0 12476938 13136644 22826433 25031092 -1688581 -697739 57181668 60357126 16163136 15169496 41018532 45187630 X ASAE'S MISSION IS TO HELP ASSOCIATIONS AND ASSOCIATION PROFESSIONALS TRANSFORM SOCIETY THROUGH THE POWER OF COLLABORATION. WE ACCOMPLISH THIS BY FOSTERING A LEARNING COMMUNITY OF ASSOCIATION PROFESSIONALS, INDUSTRY PARTNERS, OUTSIDE THOUGHT LEADERS, AND OTHER STAKEHOLDERS WHO EMBRACE THIS VISION. IN FULFILLING ITS MISSION, ASAE HAS CREATED HUNDREDS OF PRODUCTS, SERVICES, PROGRAMS AND PUBLICATIONS THAT ENCOURAGE THE PROFESSIONAL GROWTH AND DEVELOPMENT OF ASSOCIATION EXECUTIVES. 0 0 PROFESSIONAL DEVELOPMENT -- ASAE OFFERS MORE THAN 75 LEARNING EXPERIENCES FOR ASSOCIATION PROFESSIONALS AND BUSINESS PARTNERS AT ALL EXPERIENCE LEVELS. THESE LEARNING PROGRAMS ARE HELD FACE-TO-FACE IN WASHINGTON, DC, AND IN LOCATIONS AROUND THE COUNTRY, AS WELL AS ONLINE. SIGNATURE PROGRAMS INCLUDE: ANNUAL MEETING, MARKETING, MEMBERSHIP, COMMUNICATIONS AND TECHNOLOGY CONFERENCE. MEMBERSHIP -- THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES IS A MEMBERSHIP ORGANIZATION OF MORE THAN 40,000 ASSOCIATION EXECUTIVES AND INDUSTRY PARTNERS REPRESENTING 7,400 ORGANIZATIONS. ITS MEMBERS MANAGE LEADING TRADE ASSOCIATIONS, INDIVIDUAL MEMBERSHIP SOCIETIES AND VOLUNTARY ORGANIZATIONS ACROSS THE UNITED STATES AND IN NEARLY 50 COUNTRIES AROUND THE WORLD. ASAE IS THE PREMIER SOURCE OF LEARNING AND KNOWLEDGE FOR THE ASSOCIATION AND NONPROFIT PROFESSION, AND PROVIDES RESOURCES, EDUCATION, IDEAS AND ADVOCACY TO ENHANCE THE POWER AND PERFORMANCE OF THE ASSOCIATION AND NONPROFIT COMMUNITY. LEARNING CENTER FACILITY -- ASAE OPERATES A LEARNING FACILITY IN WASHINGTON, DC THAT IS AVAILABLE FOR ORGANIZATIONS TO HOLD A VARIETY OF EVENTS. THE FACILITY IS ALSO USED FOR ASAE'S OWN EDUCATIONAL PROGRAMS. THE FACILITY IS LOCATED AT 1575 I STREET, NW AND IS A FULL-SERVICE MEETING FACILITY LOCATED A FEW BLOCKS FROM THE WHITE HOUSE. THE CONFERENCE CENTER ALSO PROVIDES AN EXCELLENT ENVIRONMENT FOR EDUCATIONAL SEMINARS, PRESENTATIONS, BOARD MEETINGS, STAFF TRAINING AND RETREATS, AND OTHER EVENTS. PUBLIC POLICY & ADVOCACY: ASAE'S POWER OF A (POA) FUND IS A KEY COMPONENT OF ASAE'S PUBLIC POLICY PROGRAM. THE POA FUND HELPS TO ELEVATE ASAE'S PROFILE IN WASHINGTON AND ACROSS THE COUNTRY. THROUGH THE POWER OF A FUND, ASAE ADVOCATES FOR ASSOCIATIONS IN CONGRESS, REGULATORY AGENCIES AND THE COURTS. PART OF ASAE'S ADVOCACY ROLE IS ALSO TO GROW AWARENESS ABOUT THE CRITICAL ROLE ASSOCIATIONS PLAY IN THE ECONOMY AND IN SOCIETY AT LARGE. SUPPORT FOR THE POWER OF A FUND COMES FROM ASAE'S ANNUAL SUMMIT AWARDS DINNER. THIS FUNDRAISING EVENT BRINGS TOGETHER ASSOCIATION PROFESSIONALS AND BUSINESS AND INDUSTRY LEADERS TO CELEBRATE ASSOCIATIONS THAT HAVE CREATED EXEMPLARY PROGRAMS AND INITIATIVES TO ASSIST INDIVIDUALS IN NEED OR TO ADVANCE THEIR INDUSTRIES OR PROFESSIONS. ASAE CREATED THE POWER OF A AWARDS TO SHOWCASE HOW ASSOCIATIONS LEVERAGE THEIR UNIQUE RESOURCES TO SOLVE PROBLEMS, ADVANCE INDUSTRY/PROFESSIONAL PERFORMANCE, KICK START INNOVATION AND IMPROVE WORLD CONDITIONS. ASSOCIATIONS ARE INVOLVED IN ACTIVITIES EVERY DAY THAT MAKE A SUBSTANTIAL, POSITIVE IMPACT ON OUR LIVES.ASAE'S FIVE STAR WEEKEND ALSO SUPPORTS THE POWER OF A FUND, AS WELL AS THE ASAE FOUNDATION. THIS EVENT SERVES AS AN ANNUAL NETWORKING AND PROFESSIONAL DEVELOPMENT OPPORTUNITY FOR ASSOCIATION PROFESSIONALS AND INDUSTRY PARTNERS. ASSOCIATIONS NOW AND NEWSLETTERS - 'ASSOCIATIONS NOW,' THE AWARD-WINNING QUARTERLY MAGAZINE (CIRCULATION 21,000+), PROVIDES ARTICLES ON CURRENT TOPICS OF INTEREST TO ASSOCIATION EXECUTIVES. AUTHORS ARE GENERALLY ASSOCIATION EXECUTIVES WHO HAVE PARTICULAR EXPERTISE TO SHARE. ARTICLES ARE A MIX OF "HOW TO" ARTICLES WITH CASE STUDIES AND THOUGHT PIECES. THE ASSOCIATION ALSO PUBLISHES 14 ELECTRONIC NEWSLETTERS (SOME MONTHLY, SOME BIMONTHLY, AND SOME QUARTERLY) MEETING THE SPECIAL INTERESTS OF MEMBERS, AS WELL AS PRODUCING A VARIETY OF ONLINE-ONLY AND NEW-MEDIA CONTENT FOCUSED ON ISSUES OF CONCERN TO ASSOCIATION LEADERS AND EXECUTIVES. THERE IS ALSO A NEW ASSOCIATIONS NOW DAILY NEWS COMPONENT, SENT VIA EMAIL, CONSISTING OF QUICK-READ STORIES AND CURRENT HEADLINES THAT IMPACT ASSOCIATIONS. TOPICS INCLUDE LEADERSHIP, MEETINGS, MONEY & BUSINESS, AND TECHNOLOGY. SECTIONS & ALLIED SOCIETIES - ASAE HAS 14 SECTIONS OR PROFESSIONAL INTEREST GROUPS, PROVIDING A COMMUNITY FOR NEARLY EVERY SUB-SPECIALTY WITHIN ASSOCIATION MANAGEMENT. EACH GROUP IS GOVERNED BY A SEPARATE COUNCIL THAT DETERMINES THE PRODUCTS AND SERVICES FOR ITS MEMBERS. TYPICAL OFFERINGS INCLUDE MONTHLY EDUCATIONAL SESSIONS, A NEWSLETTER, NETWORKING DIRECTORY, DEVELOPMENT OF SPECIAL SESSIONS AT MAJOR MEETINGS DEVOTED TO EACH GROUP'S INTERESTS, AND OTHER TECHNICAL PUBLICATIONS. INFORMATION SALES - ASAE PUBLISHES A WIDE VARIETY OF BOOKS ON ASSOCIATION MANAGEMENT TOPICS, INCLUDING MARKETING, COMMUNICATIONS, MEMBERSHIP, FINANCE, VOLUNTEER MANAGEMENT, CONVENTIONS, MEETINGS, AND EDUCATION. MANY SURVEYS ARE ALSO PUBLISHED, INCLUDING THE ASSOCIATION EXECUTIVE COMPENSATION STUDY, POLICIES & PROCEDURES, OPERATING RATIO REPORT, AND ASSOCIATION TECHNOLOGY TRENDS. RESEARCH - ASAE'S RESEARCH ADVANCES KNOWLEDGE IN NONPROFIT MANAGEMENT BY PROVIDING RESOURCES THAT WILL HELP LEADERS FOCUS ON CRITICAL FACTORS TO ENHANCE THEIR ORGANIZATIONS. ASAE IMPLEMENTS AND FACILITATES THE APPLICATION OF RESEARCH FINDINGS BY EXECUTIVES AND BOARDS THROUGH RIGOROUSLY DESIGNED SECONDARY, QUALITATIVE AND QUANTITATIVE METHODS.ASAE COLLECTS AND AGGREGATES SURVEY DATA TO HELP ITS MEMBERS INCREASE THEIR OPERATIONAL EFFICIENCY. BENCHMARKING PUBLICATIONS INCLUDE COMPENSATION, POLICIES AND PROCEDURES, OPERATING RATIOS AND MORE. ASAE CONDUCTS AN ANNUAL MEMBER NEEDS ASSESSMENT, LEARNING PROGRAM EVALUATIONS, AND DATA MINING TO HELP ASAE SERVE EACH MEMBER. ASAE HELPS NONPROFIT ORGANIZATIONS BY ASSISTING THEM IN GATHERING MARKET INTELLIGENCE OF THEIR OWN MEMBERS, EITHER BY SURVEY QUESTION SHARING OR DATA ANALYSIS PROJECTS.ASAE CONNECTS NONPROFIT ORGANIZATIONS FROM AROUND THE WORLD TO ALLOW ORGANIZATIONS TO BENCHMARK AGAINST EACH OTHER AND FACILITATE RESEARCH OF ASSOCIATION'S MEMBERS. ASAE HAS PRODUCED THOUGHT-PROVOKING RESEARCH ON MEMBERSHIP, VOLUNTEERISM, FUNDRAISING AND THE ECONOMY. CERTIFIED ASSOCIATION EXECUTIVE - THE CERTIFIED ASSOCIATION EXECUTIVE (CAE) PROGRAM, THE ONLY CERTIFICATION PROGRAM FOR ASSOCIATION EXECUTIVES, IS DESIGNED TO ELEVATE PROFESSIONAL STANDARDS, ENHANCE INDIVIDUAL PERFORMANCE, AND DESIGNATE ASSOCIATION PROFESSIONALS WHO DEMONSTRATE THE KNOWLEDGE ESSENTIAL TO THE PRACTICE OF ASSOCIATION MANAGEMENT. FOUNDED IN 1960, THE CAE PROGRAM STANDS AS A MARK OF EXCELLENCE AND HAS EVOLVED TO REFLECT WHAT IT TAKES TO MANAGE AN ASSOCIATION IN TODAY'S CHALLENGING CLIMATE.EARNING AND MAINTAINING THE CAE IS A THREE-PART PROCESS. CANDIDATES MUST FIRST MEET ELIGIBILITY REQUIREMENTS AND SUBMIT AN APPLICATION. THE NEXT STEP IS TO SIT FOR AND PASS THE CAE EXAM. ONCE CANDIDATES HAVE EARNED THE CREDENTIAL, THEY MUST MAINTAIN IT BY FULFILLING CERTIFICATION RENEWAL REQUIREMENTS EVERY THREE YEARS.ASAE'S CERTIFIED ASSOCIATION EXECUTIVE (CAE) PROGRAM HAS BEEN GRANTED ACCREDITATION BY THE NATIONAL COMMISSION FOR CERTIFYING AGENCIES (NCCA). NCCA ACCREDITATION PROVIDES INDEPENDENT VALIDATION THAT THE CAE PROGRAM MEETS OR EXCEEDS TWENTY-ONE STANDARDS CONCERNING VARIOUS ASPECTS OF THE CERTIFICATION PROGRAM INCLUDING ITS PURPOSE, STRUCTURE, GOVERNANCE, PSYCHOMETRIC FOUNDATION, POLICIES, AND PROCEDURES. ACCREDITATION VALIDATES THE INTEGRITY OF THE PROGRAM, AND IS A MARK OF QUALITY. EARNING ACCREDITATION IS A PUBLIC DEMONSTRATION OF ASAE AND THE CAE COMMISSION'S COMMITMENT TO THE CAE CREDENTIAL AS A TRUE PROFESSIONAL CERTIFICATION. CONSCIOUS INCLUSION - IN PRINCIPLE AND IN PRACTICE, ASAE VALUES AND SEEKS DIVERSE AND INCLUSIVE PARTICIPATION WITHIN THE FIELD OF ASSOCIATION MANAGEMENT. ASAE PROMOTES INVOLVEMENT AND EXPANDED ACCESS TO LEADERSHIP OPPORTUNITY REGARDLESS OF RACE, ETHNICITY, GENDER, RELIGION, AGE, SEXUAL ORIENTATION, NATIONALITY, DISABILITY, APPEARANCE, GEOGRAPHIC LOCATION, OR PROFESSIONAL LEVEL. THE ORGANIZATION PROVIDES LEADERSHIP AND COMMITS TIME AND RESOURCES TO ACCOMPLISH THIS OBJECTIVE WHILE SERVING AS A MODEL TO OTHER ASSOCIATIONS ENGAGED IN SUCH ENDEAVORS. 0 0 1 1 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 84 0 1 100 1 1 1 0 0 0 1 1 0 1 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X ASAE 2026262723 1575 I STREET NW WASHINGTON DC 20005 LYNDA J PATTERSON FASAE CAE CHAIR 2.00 1.00 X X 0 0 0 HEIDI BROCK CHAIR-ELECT 2.00 1.00 X X 0 0 0 LAKISHA ANN WOODS CAE IMMEDIATE PAST CHAIR 2.00 0.00 X X 0 0 0 JAY KAREN CAE SECRETARY-TREASURER 2.00 1.00 X X 0 0 0 MARC ANDERSON BOARD MEMBER 2.00 1.00 X 0 0 0 NICOLE ARAUJUO CAE BOARD MEMBER 2.00 0.00 X 0 0 0 MARC BEEBE CAE BOARD MEMBER 2.00 1.00 X 0 0 0 PHILIP BELL CAE BOARD MEMBER 2.00 0.00 X 0 0 0 NABIL EL-GHOROURY PHD CAE BOARD MEMBER 2.00 0.00 X 0 0 0 CARMEN ELLIOTT MS CAE BOARD MEMBER 2.00 1.00 X 0 0 0 ARTHUR EVANS JR PHD BOARD MEMBER 2.00 0.00 X 0 0 0 MATTHEW GERTZOG FASAE CAE BOARD MEMBER 2.00 1.00 X 0 0 0 JERALD A JACOBS BOARD MEMBER 2.00 1.00 X 0 0 0 LEMMIETTA G MCNEILLY PHD CAE BOARD MEMBER 2.00 1.00 X 0 0 0 KIMBERLY G NAPOLITANO CAE BOARD MEMBER 2.00 1.00 X 0 0 0 JASON OXMAN CAE BOARD MEMBER 2.00 0.00 X 0 0 0 DEBBIE TRUEBLOOD FASAE CAE BOARD MEMBER 2.00 0.00 X 0 0 0 MARY WHEATLEY IOM CAE BOARD MEMBER 2.00 1.00 X 0 0 0 JOHNNIE WHITE MBA CAE BOARD MEMBER 2.00 0.00 X 0 0 0 MICHELLE MASON PRESIDENT & CEO 31.75 5.75 X 864840 156624 49377 HEATHER DEAN CFAO (AS OF 11/23) 30.50 7.00 X 41907 9618 141 REGINALD HENRY CHIEF INFORMATION OFFICER 30.50 7.00 X 287473 65977 23095 MARY CATE CUNNINGHAM CHIEF PUBLIC POLICY AND GOV. OFF. 37.50 0.00 X 230398 0 11595 AMY HISSRICH VICE PRESIDENT, INTERNATIONAL AFFAIRS 30.50 7.00 X 142859 32788 18473 KARL ELY SENIOR ADVISOR (UNTIL 3/24) 37.50 0.00 X 302070 0 42936 DEBRA ZABLOUDIL CHIEF LRNG. & MTGS OFF. (UNTIL 4/24) 37.50 0.00 X 259802 0 35721 JENN NOVESKY VICE PRESIDENT, MEM. & VOL. ENG. 37.50 0.00 X 172297 0 22765 PAMELA TROOP SENIOR DIRECTOR, MEETINGS 37.50 0.00 X 166945 0 40754 JOHN R LEE FORMER CHIEF MARKETING OFFICER 37.50 0.00 X 176035 0 6726 NANCY G KLEIN FORMER CHIEF OPERATING OFFICER 37.50 0.00 X 184460 0 0 2829086 265007 251583 31 1 1 0 CORDIA PARTNERS 8330 BOONE BLVD SUITE 350 VIENNA VA 22182 ACCOUNTING SERVICES 943740 LEVY RESTAURANTS 285 ANDREW YOUNG INTERNATIONAL BLVD ATLANTA GA 30313 FOOD AND BEVERAGE SERVICES FOR MEETINGS 625933 YES & HOLDINGS LLC 1700 DIAGONAL RD SUITE 450 ALEXANDRIA VA 22314 EVENT MANAGEMENT SERVICES 376636 PILLSBURY WINTHROP SHAW PITTMAN PO BOX 601240 CHARLOTTE NC 28260 LEGAL SERVICES 320968 RSM US LLP 331 W THIRD ST SUITE 200 DAVENPORT IA 52801 AUDIT AND TAX PREPARATION 315246 7 3150 3150 MEETINGS, EXPOS, EDU. 900099 11284044 10302102 981942 MEMBERSHIP 900099 4038336 4038336 SPONSORSHIPS 900099 3717026 3717026 PERIODICALS/PUBLICATIO 541800 2113365 2113365 AWARDS & PROF. CERTIFI 900099 690246 690246 21843017 883089 883089 738596 118761 619835 9264992 9078617 186375 186375 186375 1044760 835296 209464 209464 512608 47417 465191 465191 MAILING LIST RENTALS 900099 4471 4471 4471 24333353 18747710 3214068 2368425 X 177397 1496919 7496929 860246 1140149 722808 281398 467706 76523 115833 3460115 738320 1456248 1867312 20292 1810129 567707 2679219 249032 166490 TEMP HELP 172704 TAXES 146968 DUES & SUBSCRIPTIONS 136539 BOARD COMMITTEE AWARDS 60360 -1336251 25031092 2021033 7736660 3629278 4378948 58648 28972 433852 756449 5477066 5040228 560022 436838 31060930 34032261 7118375 7474349 12299530 5512649 57181668 60357126 3635459 4377863 5912117 6576928 6615560 4214705 16163136 15169496 X 40990781 45049552 27751 138078 41018532 45187630 57181668 60357126 X -697739 4244313 622524 X X 0 1 X 1 0 ASAE POLITICAL ACTION COMMITTEE 1575 I ST NW WASHINGTON DC 20005 521746813 0 0 0 0 1 4038336 578398 -751794 -173396 565367 -738763 PART I-C ASAE HAS A POLITICAL ACTION COMMITTEE, BUT DOES NOT COLLECT ANY CONTRIBUTIONS THEREFORE - THE PAC IS RESPONSIBLE FOR ITS OWN FUNDRAISING ACTIVITIES. ASAE DOES PAY SOME PERMITTED ADMINISTRATIVE EXPENSES OF THE PAC; THESE ARE INCLUDED IN THE LOBBYING EXPENDITURE TOTAL IN PART III-B, LINE 2A. 27751 27751 27751 27751 27751 27751 27751 27751 27751 27751 1.00000 0 0 1930666 1617968 312698 3509189 3420399 88790 37211 1861 35350 436838 INVESTMENTS HELD TO FUND DEFERRED COMPENSATION 349844 F INVESTMENT IN ABSI 7124505 F 7474349 DUE FROM AFFILIATES 2637455 RIGHT OF USE ASSET 2875194 5512649 DEFERRED COMPENSATION 349844 DEFERRED RENT 3864861 4214705 X 31471502 4244313 1504432 622524 6371269 25100233 115833 -882713 -766880 24333353 27302404 1504432 882713 2387145 24915259 115833 115833 25031092 PART V, LINE 4: THE DAVE AND LOIS BELDEN LEADERSHIP AWARD, NAMED FOR THE AMERICAN SOCIETY OF MECHANICAL ENGINEER'S (ASME'S) EXECUTIVE DIRECTOR, DAVID L. BELDEN, PH.D, WHO RETIRED IN 2002 AFTER 15 YEARS OF SERVICE, WAS ORIGINALLY INTENDED TO INCLUDE A SCHOLARSHIP FOR A CHIEF EXECUTIVE AND A CHIEF ELECTED OFFICER OF AN ENGINEERING SOCIETY TO ATTEND ONE OF ASAE'S CEO SEMINARS EACH YEAR. NO AMOUNTS WERE DISTRIBUTED DURING THE FISCAL YEAR. PART X, LINE 2: ASAE IS SUBJECT TO INCOME TAX ON ITS UNRELATED BUSINESS INCOME, NET OF APPLICABLE DEDUCTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: EQUITY IN SUBSIDIARY 622,524. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -47,417. FUNDRAISING EXPENSE -835,296. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 47,417. FUNDRAISING EXPENSE 835,296. NORTH AMERICA 0 0 PROGRAM SERVICES EDUCATION 403911 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES EDUCATION 61991 SOUTH ASIA 0 0 PROGRAM SERVICES EDUCATION 37857 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES EDUCATION 21612 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 5895563 0 0 0 0 0 0 6420934 0 6420934 0 0 0 0 0 0 SUMMIT AWARDS DINNER 634760 634760 198448 168902 103840 FIVE STAR EVENT 410000 410000 175000 189106 1044760 1044760 198448 343902 292946 835296 209464 1 ASAE FOUNDATION 1575 I STREET NW WASHINGTON WA 20005 521300485 501C3 40501 0 PROGRAM SUPPORT 1 0 PART I, LINE 2: MONEY IS GIVEN TO ASAE RESEARCH FOUNDATION TO SUPPORT PROGRAMS. X X X X 1 1 X X X X X 1 0 0 MICHELLE MASON PRESIDENT & CEO 676398 122497 186913 33850 1529 277 32155 5823 9651 1748 906646 164195 0 0 REGINALD HENRY CHIEF INFORMATION OFFICER 269699 61898 13346 3063 4428 1016 10009 2297 8775 2014 306257 70288 0 0 KARL ELY SENIOR ADVISOR (UNTIL 3/24) 179222 0 118372 0 4476 0 14921 0 28015 0 345006 0 0 0 DEBRA ZABLOUDIL CHIEF LRNG. & MTGS OFF. (UNTIL 4/24) 244537 0 12500 0 2765 0 11725 0 23996 0 295523 0 0 0 MARY CATE CUNNINGHAM CHIEF PUBLIC POLICY AND GOV. OFF. 219204 0 10816 0 378 0 11050 0 545 0 241993 0 0 0 PAMELA TROOP SENIOR DIRECTOR, MEETINGS 157755 0 5000 0 4190 0 8100 0 32654 0 207699 0 0 0 JENN NOVESKY VICE PRESIDENT, MEM. & VOL. ENG. 163040 0 8750 0 507 0 6735 0 16030 0 195062 0 0 0 AMY HISSRICH VICE PRESIDENT, INTERNATIONAL AFFAIR 139583 32036 2847 653 429 99 6867 1576 8158 1872 157884 36236 0 0 NANCY G KLEIN FORMER CHIEF OPERATING OFFICER 460 0 14000 0 170000 0 0 0 0 0 184460 0 0 0 JOHN R LEE FORMER CHIEF MARKETING OFFICER 174232 0 0 0 1803 0 5276 0 1450 0 182761 0 0 0 PART I, LINE 1A CEO'S CONTRACT INCLUDES SPOUSE TRAVEL, FIRST CLASS TRAVEL FOR FLIGHTS IN EXCESS OF 4 HOURS (ALTHOUGH THIS IS SELDOM USED), LOCAL SOCIAL CLUB DUES FOR BUSINESS MEETINGS AND LUNCHES, AND TAX GROSS-UP ON SPECIFIC BENEFIT ITEMS. PART I, LINE 4A NANCY KLEIN RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $170,000 DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 1A ASAE HAS AN EXECUTIVE COMMITTEE WHICH CONSISTS OF THE OFFICERS OF ASAE. IT MAY ACT IN THE PLACE OF THE BOARD OF DIRECTORS WHEN AUTHORITY IS DESIGNATED BY THE BOARD, OR IN EMERGENCY MATTERS WHERE EXECUTIVE COMMITTEE ACTION IS TEMPORARY AND SUBJECT TO RATIFICATION BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 REGULAR MEMBERSHIP. REGULAR MEMBERSHIP IS LIMITED TO QUALIFIED INDIVIDUALS WHO PAY APPLICABLE DUES ESTABLISHED BY THE BOARD OF DIRECTORS AND MEET THE CRITERIA FOR ONE OF THE FOLLOWING CLASSES OF REGULAR MEMBERSHIP: (A) CHIEF EXECUTIVE (B) PROFESSIONAL STAFF (C) INDUSTRY PARTNER (D) CONSULTANT OTHER MEMBERSHIP CLASSES. THE BOARD OF DIRECTORS MAY ESTABLISH OTHER MEMBERSHIP CLASSES THAT ARE INELIGIBLE TO SERVE AS DIRECTORS OR OFFICERS. LIFE AND HONORARY MEMBERSHIP. LIFE AND HONORARY MEMBERSHIP MAY BE CONFERRED UPON INDIVIDUALS UNDER TERMS THE BOARD OF DIRECTORS DETERMINES. FORM 990, PART VI, SECTION A, LINE 7A FOUR CANDIDATES FOR DIRECTOR-AT-LARGE (PLUS ONE MORE WHEN AN INDUSTRY PARTNER BOARD SEAT IS OPEN) AND ONE CANDIDATE FOR SECRETARY-TREASURER ARE NOMINATED BY THE LEADERSHIP COMMITTEE EACH YEAR. THE MEMBERSHIP IS GIVEN AT LEAST 30 DAYS TO PROVIDE ADDITIONAL NOMINATIONS, WHICH MUST BE SUPPORTED BY A WRITTEN PETITION SIGNED BY AT LEAST 2-1/2 PERCENT OF VOTING MEMBERS OF ASAE. IF THERE ARE NOMINEES BY PETITION, THE LEADERSHIP COMMITTEE SUBMITS A BALLOT TO THE VOTING MEMBERS AT LEAST 60 DAYS BEFORE THE END OF THE FISCAL YEAR IDENTIFYING THOSE NOMINATED BY THE COMMITTEE AND THOSE NOMINATED BY PETITION. THE REGULAR MEMBERS THEN APPROVE THE NOMINEES IN WRITING BY POSTAL OR OTHER DELIVERY OR BY ELECTRONIC MEANS WHERE AT LEAST 2 1/2 PERCENT OF REGULAR MEMBERS PARTICIPATE. IF THERE ARE NO NOMINEES BY PETITION, THE NOMINEES OF THE LEADERSHIP COMMITTEE ARE AUTOMATICALLY ELECTED. MEMBERS OF THE LEADERSHIP COMMITTEE ARE APPOINTED BY ASAE'S CHAIRMAN, WITH THE APPROVAL OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ASAE'S BYLAWS ARE AMENDED BY THE BOARD OF DIRECTORS UPON A TWO-THIRDS VOTE, PROVIDED 60 DAYS ADVANCE NOTICE IS PROVIDED TO THE REGULAR VOTING MEMBERS IS INCLUDED IN AN ASAE MEMBERSHIP PUBLICATION, SUCH AS ASSOCIATIONS NOW MAGAZINE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 RETURNS ARE PREPARED BY THE 3RD PARTY PREPARER WORKING WITH THE CFAO AND THE CONTROLLER. ONCE THEY ARE COMFORTABLE WITH THE COMPLETENESS AND ACCURACY OF THE DOCUMENT, IT IS PROVIDED TO THE CEO FOR REVIEW AND IS UPLOADED INTO A SECURE RESTRICTED SOFTWARE APPLICATION USED TO COMMUNICATE WITH AND DISTRIBUTE BOARD MATERIALS. BOARD MEMBERS ARE NOTIFIED THAT THIS DOCUMENT IS AVAILABLE. THE RETURN WILL BE FILED AS PRESENTED IF NO FURTHER ADJUSTMENTS ARE WARRANTED. THE BOARD WILL RECEIVE NOTIFICATION OF ANY ADDITIONAL CHANGES PRIOR TO FILING. THE RETURN IS THEN SIGNED BY THE CEO AND FILED APPROPRIATELY. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER AND EXECUTIVE STAFF MEMBER IS REQUIRED TO ANNUALLY COMPLETE AND SUBMIT A DISCLOSURE FORM DETAILING ANY SUCH 'OTHER INTERESTS.' SUCH INDIVIDUAL ALSO MUST UPDATE THE DISCLOSURE FORM IF ANY MATERIAL CHANGES OR ADDITIONS TO THE SUBMITTED INFORMATION ARISE DURING THE COURSE OF THE YEAR. A CHECKLIST IS MAINTAINED AND FOLLOW UP IS DONE UNTIL ALL FORMS ARE RETURNED. ONCE ALL FORMS ARE RECEIVED, THE CEO REVIEWS THE DISCLOSURES. ANY AFFIRMATIVE RESPONSE DEEMED UNUSUAL OR WHICH MAY APPEAR TO CONSTITUTE AN ACTUAL, POTENTIAL OR APPARENT CONFLICT OF INTEREST IS REFERRED TO THE AUDIT COMMITTEE FOR DETERMINATION. THE AUDIT COMMITTEE MAY SEEK THE GUIDANCE OF COUNSEL AND MAKE SUCH DETERMINATION WITHOUT THE PRESENCE OF THE INDIVIDUAL WHOSE INVOLVEMENT IN SUCH TRANSACTION OR RELATIONSHIP IS UNDER CONSIDERATION. THE AUDIT COMMITTEE MAY CONCLUDE THAT THIS DETERMINATION SHOULD BE MADE BY THE FULL BOARD OF DIRECTORS OF ASAE, THE FOUNDATION, OR ABSI, AND REFER THE MATTER TO THE APPROPRIATE BOARD (WITH OR WITHOUT A RECOMMENDATION FROM THE AUDIT COMMITTEE) FOR ITS CONSIDERATION, DELIBERATION, AND RESOLUTION, WITH THE ASSISTANCE OF LEGAL COUNSEL AND WITHOUT THE PRESENCE OF THE INDIVIDUAL WHOSE INVOLVEMENT IN SUCH TRANSACTION OR RELATIONSHIP IS UNDER CONSIDERATION. THE APPROPRIATE BOARD SHALL HAVE FINAL AUTHORITY OVER THE RESOLUTION OF ALL CONFLICT OF INTEREST MATTERS INVOLVING THE MEMBERS OF SUCH BOARD. IF THE AUDIT COMMITTEE BELIEVES THAT A PARTICULAR RELATIONSHIP OR TRANSACTION MAY REPRESENT AN ACTUAL, POTENTIAL OR APPARENT CONFLICT OR INTEREST, IT SHALL FIRST REQUEST ADDITIONAL INFORMATION FROM THE INDIVIDUAL IN QUESTION DETAILING THE NATURE OF THE RELATIONSHIP OR TRANSACTION. WHEN EVALUATING WHETHER A PARTICULAR TRANSACTION OR RELATIONSHIP CONSTITUTES AN ACTUAL, POTENTIAL OR APPARENT CONFLICT OF INTEREST, THE AUDIT COMMITTEE SHALL CONSIDER THE FOLLOWING (NON-EXHAUSTIVE) FACTORS: --ABUSING ONE'S ROLE FOR PERSONAL OR THIRD-PARTY GAIN OR PLEASURE (INCLUDING, BUT NOT LIMITED TO, THE SOLICITATION OR ACCEPTANCE OF GIFTS OR OTHER ITEMS OF VALUE OR INDIRECT INDUCEMENT TO PROVIDE SPECIAL TREATMENT ON ORGANIZATION MATTERS.) -- PLACING ONE'S OWN SELF-INTEREST, THE INTEREST OF ONE'S COMPANY, ORGANIZATION OR ANOTHER ENTITY FOR WHICH THE INDIVIDUAL SERVES IN A LEADERSHIP, EMPLOYMENT, OR OWNERSHIP CAPACITY, OR THE INTEREST OF ANY THIRD PARTY ABOVE THAT OF ASAE, THE FOUNDATION, OR ABSI. -- ENGAGING IN ANY OUTSIDE BUSINESS, PROFESSIONAL OR OTHER ACTIVITIES THAT WOULD DIRECTLY OR INDIRECTLY MATERIALLY ADVERSELY AFFECT ASAE, THE FOUNDATION, OR ABSI. --PROVIDING GOODS OR SERVICES TO ASAE, THE FOUNDATION, OR ABSI AS A PAID VENDOR. IF THE AUDIT COMMITTEE DETERMINES THAT A PARTICULAR RELATIONSHIP OR TRANSACTION REPRESENTS AN ACTUAL, POTENTIAL OR APPARENT CONFLICT OF INTEREST, IT (OR THE APPROPRIATE BOARD, IF THE MATTER HAS BEEN REFERRED TO THE BOARD) SHALL RESOLVE SUCH ACTUAL, POTENTIAL OR APPARENT CONFLICT IN ONE OF THE FOLLOWING MANNERS: (1) WAIVE THE ACTUAL, POTENTIAL OR APPARENT CONFLICT AS UNLIKELY TO AFFECT THE INDIVIDUAL'S ABILITY TO ACT IN THE BEST INTERESTS OF THE ORGANIZATION; (2) DETERMINE THAT THE INDIVIDUAL SHOULD BE RECUSED FROM ALL DELIBERATIONS AND DECISION-MAKING RELATED TO THE PARTICULAR TRANSACTION WHICH GIVES RISE TO THE ACTUAL, POTENTIAL OR APPARENT CONFLICT. THIS RESOLUTION SHOULD APPLY PARTICULARLY WHEN THE TRANSACTION OR RELATIONSHIP IS ONE THAT PRESENTS A CONFLICT ONLY WITH RESPECT TO ONE OR TWO DISCRETE PROGRAMS OR ACTIVITIES. FOR EXAMPLE, IF AN INDIVIDUAL BOARD MEMBER ALSO WORKS FOR A COMPANY THAT PRODUCES AN EDUCATIONAL PROGRAM THAT COMPETES WITH ONE OR TWO DISCRETE PROGRAMS OF ASAE, THE FOUNDATION, OR ABSI, THE AUDIT COMMITTEE OR RELEVANT BOARD MAY DETERMINE THAT THE BOARD MEMBER SHOULD BE RECUSED FROM ALL DELIBERATIONS AND VOTING RELATED TO SUCH PROGRAM(S) (BOTH AT THE OUTSET AND ON AN ONGOING BASIS), BUT THAT THE BOARD MEMBER NEED NOT RESIGN HIS/HER SEAT ON THE BOARD. (3) DETERMINE THAT THE INDIVIDUAL MUST RESIGN FROM HIS/HER SERVICE TO ASAE, THE FOUNDATION, OR ABSI BECAUSE THE ACTUAL, POTENTIAL OR APPARENT CONFLICT IS SO PERVASIVE THAT THE INDIVIDUAL WOULD SELDOM, IF EVER, LIKELY BE ABLE TO ACT IN THE BEST INTERESTS OF THE ORGANIZATION. FOR EXAMPLE, IF AN INDIVIDUAL BOARD MEMBER ALSO WORKS FOR A COMPANY THAT PRODUCES EDUCATIONAL PROGRAMS THAT COMPETE WITH MOST OF THE EDUCATIONAL PROGRAMS OF THE FOUNDATION, THE AUDIT COMMITTEE OR FOUNDATION BOARD MAY DETERMINE THAT THE INDIVIDUAL SHOULD RESIGN FROM THE FOUNDATION BOARD. (4) THE SPECIAL PROCEDURE BELOW IS APPLICABLE TO ALL INSTANCES IN WHICH AN INDIVIDUAL (OR THE INDIVIDUAL'S COMPANY, ORGANIZATION, OR ANOTHER ENTITY FOR WHICH THE INDIVIDUAL SERVES IN A LEADERSHIP, EMPLOYMENT, OR OWNERSHIP CAPACITY, OR A MEMBER OF THE INDIVIDUAL'S FAMILY) SEEKS TO PROVIDE GOODS OR SERVICES TO ASAE, THE FOUNDATION, OR ABSI AS A PAID VENDOR, OR SEEKS TO RECEIVE A SIGNIFICANT GRANT OR CONTRACT FROM ONE OF THE THREE ORGANIZATIONS. THIS PROCEDURE SHALL NOT APPLY TO PRE-EXISTING RELATIONSHIPS WITH INDIVIDUALS THAT PREVIOUSLY HAVE BEEN DISCLOSED TO, AND WAIVED BY, THE AUDIT COMMITTEE OR THE BOARD OF THE RELEVANT ORGANIZATION. (A) THE INDIVIDUAL MUST DISCLOSE TO THE APPLICABLE CHAIR IN ADVANCE OF ANY RELATED ACTION TO BE TAKEN BY THE BOARD HIS/HER INTENT TO SEEK TO PROVIDE GOODS OR SERVICES AS A PAID VENDOR TO ASAE, THE FOUNDATION, OR ABSI, OR TO RECEIVE A GRANT OR CONTRACT FROM ONE OF THE THREE ORGANIZATIONS; (B) THE INDIVIDUAL MUST RECUSE HIMSELF/HERSELF FROM ALL DELIBERATIONS AND VOTING RELATED TO THE CONTEMPLATED ACTION; (C) IF THE VALUE OF THE TRANSACTION EXCEEDS $5,000, ASAE, THE FOUNDATION, OR ABSI MUST, THROUGH A REQUEST FOR PROPOSAL PROCESS, HAVE SOLICITED PROPOSALS BROADLY FROM OTHER QUALIFIED VENDORS / PROSPECTIVE GRANT OR CONTRACT RECIPIENTS AND RECEIVED (OR ATTEMPTED TO RECEIVE) WRITTEN BIDS FROM AT LEAST THREE SUCH INDIVIDUALS / ENTITIES (INCLUDING THE INDIVIDUAL IN QUESTION); (D) THE BOARD MUST DETERMINE (WITHOUT THE PRESENCE OR PARTICIPATION OF THE INDIVIDUAL) THAT THE TRANSACTION IS FAIR AND IN THE BEST INTERESTS OF ASAE, THE FOUNDATION, OR ABSI BASED ON ALL OF THE FACTS AND CIRCUMSTANCES, AND SUCH DETERMINATION (INCLUDING THE FACT THAT IT WAS MADE IN THE ABSENCE OF THE INDIVIDUAL) SHALL BE DOCUMENTED AS PART OF THE RELEVANT MEETING MINUTES (ALL COMPETING BIDS RECEIVED SHALL BE RETAINED AS WELL); AND (E) IF SELECTED, THE INDIVIDUAL MAY NOT PARTICIPATE IN ANY PROCESS BY WHICH HIS/HER PERFORMANCE AS A VENDOR / GRANT OR CONTRACT RECIPIENT IS EVALUATED. FORM 990, PART VI, SECTION B, LINE 15A ASAE & THE FOUNDATION'S COMPENSATION POLICY IS DEFINED IN ITS BOARD POLICY MANUAL, AND CONSISTS OF THE FOLLOWING: PRESIDENT & CEO PERFORMANCE EVALUATION AND COMPENSATION: THIS RESPONSIBILITY IS VESTED WITH THE ASAE BOARD OF DIRECTORS. THE ASAE BOARD OF DIRECTORS IS CHARGED WITH ENSURING THAT THE ANNUAL EVALUATION IS CONDUCTED AND COMPENSATION ESTABLISHED. A COMPENSATION COMMITTEE CONSISTING OF THE IMMEDIATE PAST CHAIR OF THE BOARD, CHAIR OF THE BOARD, THE SECRETARY/TREASURER, AND CHAIR-ELECT WILL RECOMMEND COMPENSATION LEVELS TO THE ASAE BOARD OF DIRECTORS. IN ADDITION, THE PRESIDENT AND CEO'S ANNUAL OBJECTIVES ARE APPROVED BY THE ASAE BOARD OF DIRECTORS. IT IS THESE AGREED UPON OBJECTIVES THAT ARE USED TO EVALUATE PERFORMANCE EACH YEAR. CEO COMPENSATION PHILOSOPHY THE COMPENSATION PACKAGE, VIEWED AS A WHOLE, SHOULD PROMOTE PERFORMANCE-BASED RESULTS LINKED TO THE ACHIEVEMENT OF ASAE & THE FOUNDATION'S MISSION AND STRATEGIC GOALS. THE COMPENSATION PROGRAM SHOULD ENCOURAGE AN ENTREPRENEURIAL AND MEMBER SERVICE ENVIRONMENT IN COLLABORATION WITH THE VOLUNTEER LEADERSHIP TO DETERMINE, GUIDE, AND OVERSEE THE EXECUTION OF ASAE & THE FOUNDATION'S STRATEGIC GOALS AND MISSION. GIVEN THE UNIQUE SET OF SKILLS NEEDED TO ACCOMPLISH THE MISSION AND GOALS SET FORTH ABOVE, THE TOTAL COMPENSATION -- DIRECT AND INDIRECT -- SHOULD BE TARGETED ABOVE THE MARKET MEDIAN, YET BE DEMONSTRABLY REASONABLE RELATIVE TO THE TOTAL COMPENSATION OFFERED BY ORGANIZATIONS COMPARABLE TO ASAE & THE FOUNDATION. THE COMPENSATION PHILOSOPHY SHOULD BE REVIEWED PERIODICALLY TO ENSURE THAT IT CONTINUES TO BE ALIGNED WITH ASAE & THE FOUNDATION'S STRATEGIC DIRECTION AND FINANCIAL LIMITS AND CONTINUES TO BE BOTH REASONABLE AND COMPETITIVE. CEO COMPENSATION PRACTICES ASAE OFFERS A COMPREHENSIVE CEO COMPENSATION PROGRAM THAT INCLUDES A BASE SALARY, ANNUAL INCENTIVE, AS WELL AS BROAD-BASED AND EXECUTIVE BENEFITS/PERQUISITES. THE PROGRAM IS TARGETED AT ABOVE MARKET AVERAGE COMPENSATION RELATIVE TO SIMILAR EXECUTIVE POSITIONS IN COMPARABLE ASSOCIATIONS. ASAE BENCHMARKS CEO COMPENSATION AGAINST A PEER GROUP CONSISTING OF NATIONAL TRADE AND PROFESSIONAL ASSOCIATIONS THAT, LIKE ASAE, OPERATE IN COMPLEX REGULATORY ENVIRONMENTS, SERVE HIGHLY SPECIALIZED MEMBER BASES, AND PROVIDE STRATEGIC LEADERSHIP, ADVOCACY, EDUCATION, AND STANDARDS-SETTING ACROSS DIVERSE INDUSTRIES. BASE SALARY: BASE SALARY IS PRIMARILY DETERMINED BY MARKET DEMANDS FOR TOP EXECUTIVES WITHIN THE ESTABLISHED ASAE SURVEY PEER GROUP. ASAE ANNUALLY REVIEWS AND, IF NEEDED, RECOMMENDS CHANGES TO THE CEO'S BASE SALARY TO MAINTAIN EXTERNAL MARKET COMPETITIVENESS WHEN CONDITIONS AND PERFORMANCE WARRANT IT. SPECIFICALLY, THE CEO'S BASE SALARY IS ADJUSTED ANNUALLY TO REFLECT THE AVERAGE INCREASE OF ALL ASAE EMPLOYEES. ANNUAL INCENTIVE BONUS: THE CEO'S ANNUAL INCENTIVE AWARD OPPORTUNITY IS TARGETED AT THE MARKET ABOVE AVERAGE TOTAL CASH BASED ON THE ACHIEVEMENT OF ASAE'S PRE-ESTABLISHED ENTERPRISE-WIDE GOALS AND OBJECTIVES. THE RANGE OF THE CEO'S ANNUAL INCENTIVE OPPORTUNITIES IS FROM 0% TO 40% OF BASE SALARY, WITH A TARGET OF 30% WHEN PERFORMANCE EXPECTATIONS ARE MET. THE CEO, IN COLLABORATION WITH THE ASAE EXECUTIVE COMMITTEE, ANNUALLY ESTABLISHES ENTERPRISE-WIDE GOALS AND OBJECTIVES TIED DIRECTLY TO ASAE'S OPERATING BUDGET, KEY INITIATIVES FOR THE UPCOMING YEAR, AND PERSONAL GROWTH. DEFERRED COMPENSATION: ASAE'S 457(B) RESTORATION PLAN FOR THE CEO IS DESIGNED TO SUPPLEMENT ITS 401(K) PLAN AND SUPPORT THE DELIVERY OF A COMPETITIVE INCOME REPLACEMENT RATIO OVER A FULL EMPLOYMENT CAREER. BROAD-BASED EMPLOYEE BENEFITS: ASAE PROVIDES THE CEO WITH THE SAME BROAD-BASED BENEFITS AS THOSE AVAILABLE TO ALL EMPLOYEES, INCLUDING HEALTH INSURANCE, DENTAL INSURANCE, LIFE & AD&D INSURANCE, PAID TIME OFF, AND SHORT- AND LONG-TERM DISABILITY INSURANCE. THESE BENEFITS PROTECT EMPLOYEES FROM INCOME LOSS AND SUPPORT WELL-BEING, INCLUDING PAID TIME OFF. ASAE'S BENEFIT PROGRAMS ARE REVIEWED ON AN ONGOING BASIS, AND CHANGES ARE MADE PERIODICALLY. EXECUTIVE BENEFITS: ASAE PROVIDES THE CEO WITH VARIOUS EXECUTIVE BENEFITS TO ALIGN WITH MARKET NORMS AND SUPPORT THE DEMANDS AND TRAVEL REQUIREMENTS OF THE ROLE. PERQUISITES SUCH AS SEVERANCE BENEFIT, LUNCHEON CLUB, PARKING, BUSINESS/FIRST-CLASS AIR TRAVEL, CELL PHONE, AND MEMBERSHIP DUES ARE ALSO PROVIDED TO MAINTAIN MARKET COMPETITIVENESS. OTHER KEY OFFICERS/EMPLOYEES UNDER BYLAW AND CEO CONTRACT, THE BALANCE OF STAFF ARE UNDER THE AUTHORITY OF CEO. STAFF COMPENSATION POLICY DECISIONS TAKE INTO CONSIDERATION ASAE & THE FOUNDATION'S OVERALL FINANCIAL CONDITION, EQUITY WITHIN THE ORGANIZATION, AND COMPETITIVE SALARY PLANNING. ASAE'S HUMAN RESOURCES DEPARTMENT IS RESPONSIBLE FOR THE ADMINISTRATION OF AND ONGOING INTERNAL REVIEW OF ALL COMPENSATION PLANS AND POLICIES. THIS COMPENSATION REVIEW HELPS ASAE & THE FOUNDATION MAINTAIN AND ADMINISTER A COMPENSATION PLAN THAT ACCURATELY AND FAIRLY REFLECTS EACH INDIVIDUAL'S RESPONSIBILITIES AND PERFORMANCE. ASAE & THE FOUNDATION'S STAFF SALARY ADMINISTRATION PROGRAM(S) CONSIST OF THE FOLLOWING: -- JOB EVALUATION - THIS IS A SYSTEMATIC METHOD OF DETERMINING THE VALUE OF EACH JOB WITHIN THE ASSOCIATION, INCLUDING REVIEW OF SKILLS, EDUCATIONAL PREREQUISITES AND CONTRIBUTION TO THE ORGANIZATION. -- SALARY STRUCTURE - POSITIONS ARE EVALUATED AND POSITIONS WITH SIMILAR VALUES ARE PLACED IN A SALARY GRADE THAT IS REVIEWED IN TERMS OF ITS COMPETITIVENESS WITHIN THE MARKET AND OUR ORGANIZATIONAL NEEDS. EACH GRADE HAS A MINIMUM, WHICH IS THE LOWEST RECOMMENDED SALARY TO BE OFFERED TO AN INDIVIDUAL WHO MEETS THE MINIMUM QUALIFICATIONS OF THE POSITION; A MIDPOINT, REPRESENTING THE SALARY AT WHICH A FULLY QUALIFIED AND EXPERIENCED STAFF MEMBER WHO SATISFACTORILY PERFORMS ALL THE SPECIFICATIONS OF A POSITION IS PAID WITHIN THE MARKETPLACE; AND A MAXIMUM, WHICH IS THE UPPER LIMIT OF THE SALARY RANGE. A THIRD PARTY IS ENGAGED PERIODICALLY TO REVIEW THE COMPENSATION PACKAGE OF THE EXECUTIVE STAFF AND/OR FULL STAFF RELATIVE TO BASE COMPENSATION, BONUS AND INCENTIVE PROGRAMS COMPARATIVE TO MARKET. -- SALARY BUDGET AND GUIDELINES - ASAE & THE FOUNDATION'S ANNUAL SALARY BUDGET IS DEVELOPED ANNUALLY IN ORDER TO ALLOCATE MONIES NEEDED TO MAINTAIN STAFF MEMBER SALARIES AT COMPETITIVE LEVELS, SUBJECT TO BUDGETARY LIMITATIONS. AN ANNUAL MERIT POOL IS DEVELOPED AND APPROVED AS PART OF THE BUDGET CYCLE. THE CHIEF ADMINISTRATIVE OFFICER IS RESPONSIBLE FOR THE ADMINISTRATION OF THE PROGRAM, AND ALL INCREASES ARE SUBJECT TO THE APPROVAL OF THE CEO. FORM 990, PART VI, SECTION C, LINE 19 SOME GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE - ASAE BYLAWS, STRATEGIC FRAMEWORK - WHAT WE DO AND OUR PROMISE, CODE OF CONDUCT AND BOARD CONTACT INFORMATION. THE CONFLICT-OF-INTEREST POLICY IS CURRENTLY NOT POSTED BUT PROVIDED AS A SAMPLE DOCUMENT UPON REQUEST. PUBLIC INSPECTION COPIES OF THE 990 ARE PROVIDED UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART IX, LINE 11G HONORARIA 416,923. OTHER PROFESSIONAL FEES 3,043,192. FORM 990, PART XI, LINE 9: EQUITY IN SUBSIDIARY 622,524. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS, WHICH HAS NOT CHANGED FROM THE PRIOR YEAR, IS AS FOLLOWS: THE AUDIT PROCESS IS UNDER THE OVERSIGHT OF THE AUDIT COMMITTEE, WHICH IS A SUBCOMMITTEE OF THE BOARD AND MAY INCLUDE (IF/AS NEEDED) A MEMBER AT-LARGE WITH RELEVANT EXPERTISE. THE COMMITTEE IS RESPONSIBLE FOR THE SELECTION AND SELECTION PROCESS OF INDEPENDENT AUDITORS, MEETING WITH THE AUDIT TEAM BOTH WITH AND WITHOUT STAFF PRESENT PRIOR TO THE AUDIT FOR SCOPE AND PLANNING AND POST AUDIT TO REVIEW THE REPORT AND RELEVANT COMMUNICATIONS. THE AUDIT IS PRESENTED IN PERSON BY THE INDEPENDENT AUDITOR TO THE BOARD WITH ANY AUDIT COMMITTEE RECOMMENDATIONS. ASAE RESEARCH FOUNDATION 1575 I ST NW WASHINGTON DC 20005 521300485 RESEARCH AND EDUCATION FOR THE ASSOCIATION COMMUNITY DC 501(C)(3) LINE 7 AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES 1 AM SOCIETY OF ASSN EXECUTIVES POLITICAL ACTION COMMITTEE 1575 I ST NW WASHINGTON DC 20005 521746813 POLITICAL ACTION COMMITTEE DC 527 AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES 1 ASAE BUSINESS SERVICES INC 1575 I ST NW WASHINGTON DC 20006 521066386 INSURANCE AND OTHER SERVICES DC AMERICAN SOCIETY OF ASSN EXECS C 2833340 9212768 1.00000 1 ASAE INSURANCE COMPANY 1575 I ST NW WASHINGTON DC 20006 030335958 INSURANCE AND OTHER SERVICES DC ASAE BUSINESS SERVICES INC C 3940748 17134170 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 ASAE FOUNDATION B 40501 CONTRIBUTIONS & CHARITABLE MATCH ASAE BUSINESS SERVICES INC Q 401103 NET CHANGE IN DUE TO / FROM ASAE ASAE FOUNDATION P 5464731 NET CHANGE IN DUE TO / FROM ASAE