2020-11-13T16:09:42-06:00 2019-12-31 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2019-01-01 310940935 CONTROLLED RELEASE SOCIETY INC CONT 8563806910 1120 ROUTE 73 NO 200 MOUNT LAUREL NJ 08054 CORNELL STAMORAN TREASURER 8563806910 2020-11-13 1 ALICIA N KIEFER P01682531 2155677770 96.245.86.172 2020-11-13 17:09:15 ES P BD9A5248FD892EED72309E8CBFD61EFE5C549072 2024A3B14602D7920249EF88931123AFE691CD00 2019 2021-01-29 14:40:06Z CORNELL STAMORAN 1120 ROUTE 73 NO 200 MOUNT LAUREL NJ 08054 3236392 0 X WWW.CONTROLLEDRELEASESOCIETY.ORG X 1978 OH CRS IS DEDICATED TO ADVANCING THE CONTROLLED DELIVERY OF CHEMICAL AND BIOLOGICAL SUBSTANCES. 9 9 0 15 0 0 53118 27599 1469827 1279208 131820 279485 6754 15554 1661519 1601846 72357 73165 0 0 38503 0 0 0 0 1590467 1660252 1701327 1733417 -39808 -131571 1981487 1977173 147722 259798 1833765 1717375 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 1189955 73165 1037141 CONFERENCES, SPECIAL INTEREST GROUPS, AND WORKSHOPS PROVIDE A FORUM FOR EDUCATIONAL EXCHANGE OF INFORMATION ON THE SCIENCE OF BIOACTIVES. 97025 MEMBER SERVICES PROVIDES INTERACTION TO OVER 1,400 SCIENTISTS WORLD WIDE OF WHICH 40% ARE FROM INDUSTRY AND 60% ARE FROM ACADEMIA AND GOVERNMENT. 92364 145042 JOURNALS AND PUBLICATIONS ALLOW FOR THE DISSEMINATION OF INFORMATION ON BIOACTIVES. 1282319 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 16 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X ASSOCIATION HEADQUARTERS INC 8564390500 1120 ROUTE 73 SUITE 200 MOUNT LAUREL NJ 08054 X JUSTIN HANES PRESIDENT (FROM 8/1/2019) 10.00 X X 0 0 0 MARIA JOSE ALONSO PRESIDENT (UNTIL 7/31/2019) 10.00 X X 0 0 0 YVONNE PERRIE PRESIDENT ELECT (FROM 8/1/2019) 5.00 X X 0 0 0 JUSTIN HANES PRESIDENT ELECT (UNTIL 7/31/2019) 5.00 X X 0 0 0 MARIA JOSE ALONSO PAST PRESIDENT (FROM 8/1/2019) 5.00 X X 0 0 0 TAMARA MINKO PAST PRESIDENT (UNTIL 7/31/2019) 5.00 X X 0 0 0 DAVE PUTNAM TREASURER (FROM 8/1/2019) 5.00 X X 0 0 0 SAMIR MITRAGOTRI TREASURER (UNTIL 7/31/2019) 5.00 X X 0 0 0 ANDREW LEWIS SECRETARY (FROM 8/1/2019) 5.00 X X 0 0 0 YVONNE PERRIE SECRETARY (UNTIL 7/31/2019) 5.00 X X 0 0 0 CORNELL STAMORAN TREASURER ELECT (FROM 8/1/2019) 5.00 X X 0 0 0 DAVE PUTNAM TREASURER ELECT (UNTIL 7/31/2019) 5.00 X X 0 0 0 TWAN LAMMERS MEMBER AT LARGE (UNTIL 7/31/2019) 5.00 X 0 0 0 ILVA RUPENTHAL MEMBER AT LARGE 5.00 X 0 0 0 STEVE LITTLE MEMBER AT LARGE 5.00 X 0 0 0 RICHARD KORSMEYER MEMBER AT LARGE (UNTIL 7/31/2019) 5.00 X 0 0 0 MARK PRAUSNITZ MEMBER AT LARGE (UNTIL 7/31/2019) 5.00 X 0 0 0 KATHERINE WHITEHEAD 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 635971 PALACIO DE CONGRESS VALENCIA AVENIDA DE LAS CORTES 60 VALENCIA VALENCIA SP 46015 ANNUAL MEETING VENUE 211977 2 27599 27599 ANNUAL MEETING 900099 1037141 1035011 2130 PUBLICATIONS 900099 145042 145042 MEMBER DUES 900099 97025 97025 1279208 70738 70738 1843293 1634546 208747 208747 208747 OTHER REVENUE 900099 15554 15554 15554 1601846 1277078 0 297169 21500 21500 51665 51665 498750 244388 254362 1332 1332 5705 5705 67865 67865 91003 83320 7683 49787 38350 11437 13843 12084 1759 154367 102592 51775 582266 582266 15306 15306 EDITORIAL COSTS 82389 82389 MISCELLANEOUS 37706 14591 23115 BANK AND CREDIT CARD FE 36315 27457 8858 PROGRAM SUPPLIES 23618 21717 1901 1733417 1282319 451098 0 162254 103336 71190 39168 59418 41876 89743 28234 51750 20257 36799 31493 1562083 1733066 1981487 1977173 16734 25659 130988 234139 147722 259798 X 1794617 1675128 39148 42247 1833765 1717375 1981487 1977173 -131571 15181 0 X 0 1 X 1 0 X 28545 38491 12007 141868 29729 250640 1681977 1595293 1792975 1139077 1277078 7486400 242000 242000 1710522 1633784 1804982 1522945 1306807 7979040 0 0 0 7979040 25587 28183 29137 60263 70738 213908 25587 28183 29137 60263 70738 213908 5590 15554 21144 1736109 1661967 1834119 1588798 1393099 8214092 0.97140 0.97930 0.02600 0.02000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 5,590. 2019 AMOUNT: $ 15,554. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51750 20257 31493 31493 X 1611322 15181 -5705 9476 1601846 0 1601846 1727712 0 1727712 5705 5705 1733417 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 -5,705. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 33165 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 11000 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 1500 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 3000 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION AWARDS AND TRAVEL GRANTS 3000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING (CONTRIBUTIONS) EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING (CONTRIBUTIONS) EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICE EXPENSES CONFERENCE EXPENSES 212000 0 0 0 0 0 0 263665 0 263665 AWARDS AND TRAVEL GRANTS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 15 33165 CHECK/WIRE TRANSFER AWARDS AND TRAVEL GRANTS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 7 11000 CHECK/WIRE TRANSFER AWARDS AND TRAVEL GRANTS MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 3 1500 CHECK/WIRE TRANSFER AWARDS AND TRAVEL GRANTS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 3000 CHECK/WIRE TRANSFER AWARDS AND TRAVEL GRANTS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 3000 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 18 21500 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.