2020-09-21T07:17:17-05:00 2020-03-31 410746749 CLIFTONLARSONALLEN LLP 801 CHERRY ST SUITE 1400 FORT WORTH TX 76102 990 2019-04-01 530114600 NATIONAL ASSOCIATION OF BROADCASTERS NATI 2024295304 1 M STREET SE WASHINGTON DC 200362800 MIKE DEVLIN CPA VP AND CONTROLLER 2024293939 2020-09-17 1 MICHAELA J CROMAR CPA P00895728 8178775000 2020-09-17 108.31.227.252 2020-09-17 10:11:05 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 87826B80F82B7742AC94E6ED7EC5993094E974B0 2019 2022-02-16 14:24:37Z X GORDON H SMITH 1 M STREET SE WASHINGTON DC 200362800 160087139 0 X WWW.NAB.ORG X 1927 DE SEE SCHEDULE O. NAB ADVANCES THE INTERESTS OF TELEVISION AND RADIO BROADCASTERS; IMPROVES THE QUALITY OF BROADCASTING, AND ENCOURAGES TECHNOLOGICAL INNOVATION AND PUBLIC SERVICE. 62 61 186 0 26380 -1500 100000 20200 66340418 73853779 6411298 18029716 798491 500544 73650207 92404239 1084862 1030337 0 0 29441344 30661381 0 0 0 44846845 46190247 75373051 77881965 -1722844 14522274 172809240 217985181 72434960 132499268 100374280 85485913 NATIONAL ASSOCIATION OF BROADCASTERS (NAB) ADVANCES THE INTEREST OF RADIO AND TELEVISION BROADCASTERS IN FEDERAL GOVERNMENT, INDUSTRY AND PUBLIC AFFAIRS; IMPROVES THE QUALITY OF BROADCASTING, AND ENCOURAGES TECHNOLOGICAL INNOVATION AND PUBLIC SERVICE. 0 0 CONVENTIONS:THE NAB SHOW, NAB SHOW NY, AND RADIO SHOW PROVIDE EDUCATIONAL OPPORTUNITIES, SHOWCASE TECHNOLOGICAL INNOVATIONS, AND NETWORKING OPPORTUNITIES TO THE BROADCASTING AND PRODUCTION COMMUNITIES. THE 2019 NAB SHOW HAD MORE THAN 90,000 REGISTERED ATTENDEES. THE EVENT'S EXHIBIT FLOOR FEATURED CUTTING-EDGE TECHNOLOGY AND SOLUTIONS FROM MORE THAN 1,600 COMPANIES. THE EDUCATION PROGRAM FEATURED MORE THAN 800 SESSIONS AND A SPEAKER LINEUP. LEGISLATIVE AND REGULATORY ADVOCACY:THERE ARE MORE THAN 17,000 FULL POWER LOCAL RADIO AND TELEVISION STATIONS IN THE US SERVING THEIR COMMUNITIES THROUGH PUBLIC SERVICE, LOCAL NEWS, ENTERTAINMENT PROGRAMMING AND VITAL COMMUNITY INFORMATION - SUCH AS AMBER ALERTS, TRAFFIC INFORMATION AND SEVERE WEATHER WARNINGS. NAB ADVOCATES BEFORE CONGRESS, THE FEDERAL COMMUNICATIONS COMMISSION (FCC) AND IN THE COURTS. PILOT:CREATED IN 2012, PILOT IS A COALITION OF INNOVATORS, EDUCATORS AND ADVOCATES DEDICATED TO ADVANCING BROADCAST TECHNOLOGY AND CULTIVATING NEW MEDIA OPPORTUNITIES. PILOT PROPELS BROADCAST TECHNOLOGY AND RADIO INTO THE FUTURE BY PROVIDING A PLATFORM FOR INNOVATION, AN ENGINE FOR INCUBATION, A VENUE FOR TESTING NEW TECHNOLOGIES AND A FORUM FOR BROADCASTER EDUCATION. 0 0 1 1 0 0 0 1 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 165 0 186 1 1 1 0 0 0 1 1 0 1 0 X 62 61 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MIKE DEVLIN CPA 2024293939 1 M STREET SE WASHINGTON DC 20003 GORDON H SMITH PRESIDENT & CEO 60.00 3.00 X X 3861902 0 20286 RICHARD KAPLAN EVP, LEGAL 55.00 X 1391297 0 40663 CHRISTOPHER D ORNELAS COO (UNTIL 1/31/2020) 57.00 3.00 X 865227 0 43739 CURTIS J LEGEYT COO AS OF 2/1/2020) 55.00 X 792734 0 43541 STEVEN W NEWBERRY EVP, INDUSTRY AFFAIRS & STRATEGIC PLANNING 55.00 X 745053 0 43541 CHRISTOPHER A BROWN EVP, CONVENTIONS & BUSINESS OPS 55.00 X 621980 0 43142 ROBERT S MATHENY EVP, CTO 55.00 X 553784 0 43541 MARK D WHARTON EVP, COMMUNICATION 55.00 X 509592 0 43574 CARA MICHELLE SEMONES LEHMAN EVP, MARKETING 55.00 X 436028 0 43541 LYNN D CLAUDY SVP, TECHNOLOGY 55.00 X 409894 0 32990 TRISH JOHNSON CPA EVP, FINANCE & CFO AS OF 2/1/20 57.00 3.00 X 352430 0 24317 JOHN P SMEDILE SVP, GOVERNMENT RELATIONS 55.00 X 335519 0 10334 SHAWN DONILON EVP, GOV. RELATIONS AS OF 2/1/20 55.00 X 334709 0 9883 BART STRINGHAM SVP, CORPORATE COUNSEL (UNTIL 6/3/19) 57.00 3.00 X 128255 0 13643 JORDAN WERTLIEB JOINT BOARD CHAIR 2.00 X X 0 0 0 CAROLINE BEASLEY IMMEDIATE PAST JOINT BOARD CHAIR 2.00 X X 0 0 0 ALBERT MEDINA BOARD MEMBER 2.00 X 0 0 0 ALFRED C LIGGINS BOARD MEMBER 2.00 X 0 0 0 AMADOR S BUSTOS BOARD MEMBER 2.00 X 0 0 0 BILL WILSON BOARD MEMBER 2.00 X 0 0 0 BILL HENDRICH BOARD MEMBER 2.00 X 0 0 0 BRADFORD CALDWELL BOARD MEMBER 2.00 X 0 0 0 BRANDON BURGESS BOARD MEMBER 2.00 X 0 0 0 BRIAN LAWLOR BOARD MEMBER 2.00 X 0 0 0 BRUCE GOLDSEN BOARD MEMBER 2.00 X 0 0 0 CAROLYN BECKER BOARD MEMBER 2.00 X 0 0 0 CHRIS RIPLEY BOARD MEMBER 2.00 X 0 0 0 CHRISTOPHER H CORNELIUS BOARD MEMBER 2.00 X 0 0 0 CHRISTOPHER WOOD BOARD MEMBER 2.00 X 0 0 0 COLLIN R JONES BOARD MEMBER 2.00 X 0 0 0 DARRELL K BROWN BOARD MEMBER 2.00 1.00 X 0 0 0 DAVE HANNA BOARD MEMBER 2.00 X 0 0 0 DAVID BRADLEY BOARD MEMBER 2.00 X 0 0 0 DAVID HOXENG BOARD MEMBER 2.00 X 0 0 0 DAVID J FIELD BOARD MEMBER 2.00 X 0 0 0 DAVID LOUGEE BOARD MEMBER 2.00 1.00 X 0 0 0 DAVID SANTRELLA BOARD MEMBER 2.00 X 0 0 0 DEDE LEA BOARD MEMBER 2.00 X 0 0 0 DOUG LEVY BOARD MEMBER 2.00 X 0 0 0 EDDIE MELENDEZ BOARD MEMBER 2.00 X 0 0 0 ELIZABETH NEUHOFF BOARD MEMBER 2.00 1.00 X 0 0 0 EMILY BARR BOARD MEMBER 2.00 1.00 X 0 0 0 HARTLEY ADKINS BOARD MEMBER 2.00 X 0 0 0 JAMES F GOODMON JR BOARD MEMBER 2.00 X 0 0 0 JEFF WARSHAW BOARD MEMBER 2.00 X 0 0 0 JOSEPH DI SCIPIO BOARD MEMBER 2.00 X 0 0 0 JUSTIN CHASE BOARD MEMBER 2.00 X 0 0 0 KEVIN PERRY BOARD MEMBER 2.00 X 0 0 0 KIM GUTHRIE BOARD MEMBER 2.00 1.00 X 0 0 0 LARRY FUSS BOARD MEMBER 2.00 X 0 0 0 LOUIS WALL BOARD MEMBER 2.00 X 0 0 0 MARGARET C PERKINS BOARD MEMBER 2.00 X 0 0 0 MARGARET L TOBEY BOARD MEMBER 2.00 X 0 0 0 MARY BERNER BOARD MEMBER 2.00 X 0 0 0 MICHAEL TARTER BOARD MEMBER 2.00 X 0 0 0 MICHELE LAVEN BOARD MEMBER 2.00 X 0 0 0 PATRICIA MCRAE BOARD MEMBER 2.00 X 0 0 0 PAT LAPLATNEY BOARD MEMBER 2.00 X 0 0 0 PATRICK MCCREERY BOARD MEMBER 2.00 X 0 0 0 PERRY SOOK BOARD MEMBER 2.00 X 0 0 0 PETER J BENEDETTI BOARD MEMBER 2.00 X 0 0 0 RALPH M OAKLEY BOARD MEMBER 2.00 X 0 0 0 RANDY D GRAVLEY BOARD MEMBER 2.00 X 0 0 0 LEONARD WHEELER BOARD MEMBER 2.00 X 0 0 0 ROBERT W HUBBARD BOARD MEMBER 2.00 X 0 0 0 ROGER HARRIS BOARD MEMBER 2.00 X 0 0 0 W LAWRENCE PATRICK BOARD MEMBER 2.00 X 0 0 0 SUSAN FOX BOARD MEMBER 2.00 X 0 0 0 TOM WALKER BOARD MEMBER 2.00 X 0 0 0 TONY RICHARDS BOARD MEMBER 2.00 X 0 0 0 TRILA BUMSTEAD BOARD MEMBER 2.00 X 0 0 0 VIRGINIA MORRIS BOARD MEMBER 2.00 X 0 0 0 WILLIAM L MCELVEEN BOARD MEMBER 2.00 X 0 0 0 JOHN P ZIMMER BOARD MEMBER 2.00 X 0 0 0 JOHN WHARF III BOARD MEMBER 2.00 X 0 0 0 DAVID BEVINS BOARD MEMBER (UNTIL 10/2/19) 2.00 X 0 0 0 ED HENSON BOARD MEMBER (UNTIL 6/15/19) 2.00 X 0 0 0 JANE WILLIAMS BOARD MEMBER (UNTIL 12/18/19) 2.00 X 0 0 0 JESSICA HERRERA-FLANAGAN BOARD MEMBER (UNTIL 3/14/20) 2.00 X 0 0 0 JOHN C KUENEKE BOARD MEMBER (UNTIL 6/15/19) 2.00 X 0 0 0 JOHN ORLANDO BOARD MEMBER (UNTIL 12/11/19) 2.00 X 0 0 0 KATHY CLEMENTS BOARD MEMBER (UNTIL 9/26/19) 2.00 X 0 0 0 MICHAEL J FIORILE BOARD MEMBER (UNTIL 9/30/19) 2.00 X 0 0 0 MIKE NOVAK BOARD MEMBER (UNTIL 7/11/19) 2.00 X 0 0 0 PATRICK WALSH BOARD MEMBER (UNTIL 6/15/19) 2.00 X 0 0 0 RUSSELL PERRY BOARD MEMBER (UNTIL 6/15/19) 2.00 X 0 0 0 11338404 0 456735 62 0 1 0 FREEMAN DECORATING COMPANY 6240 COLUMBIA PARK RD HYATTSVILLE MD 20785 EVENT OPERATIONS 4539122 FREEMAN AUDIO VISUAL SOLUTIONS 201 N UNION ST SUITE 210 ALEXANDRIA VA 22314 EVENT OPERATIONS 1712207 OPENZNET INC 3355 VILLA ROBLEDA DR MOUNTAIN VIEW CA 94040 CONSULTING 825125 FUTURE MEDIA CONCEPTS INC 299 BROADWAY SUITE 1510 NEW YORK NY 10007 EVENT OPERATIONS 687454 CSG CREATIVE 313 S PATRICK ST ALEXANDRIA VA 22314 MARKETING 392920 92 20200 20200 NAB SHOW REVENUE 900099 52676448 52676448 MEMBERSHIP DUES 900099 16655588 16655588 NAB SHOW NY REVENUE 900099 2741879 2741879 RADIO SHOW REVENUE 900099 1218065 1218065 SEMINARS 900099 379481 379481 182318 182318 73853779 5101339 5101339 97227 97227 80043250 565837 67680710 0 12362540 565837 12928377 12928377 -1133 2190 -3323 -3323 ATSC 3.0 PROJECT 900099 136933 136933 SPORTING EVENTS 900099 127815 127815 OTHER REVENUE 900099 115512 115512 26380 26380 406640 92404239 74230716 26380 18126943 1030337 9830443 17235989 620000 1531949 1443000 87357 201488 8304500 46479 6480870 68620 310651 850533 1605780 2540606 22262167 184121 446547 155249 TAXES 1301916 BOOKS & PERIODICALS 456081 MEMBERSHIP DUES 193246 BAD DEBT EXPENSE 116956 577080 77881965 2349001 14211440 1348533 1587312 3068405 1622767 103276258 10575774 7617354 92700484 134192445 79796206 184470 184470 14955548 18872983 9000000 9000000 93484 9519 172809240 217985181 5180274 24355723 47572691 22143033 14955504 18872983 58392813 4726491 8734716 72434960 132499268 X 100374280 85485913 100374280 85485913 172809240 217985181 X 14522274 -24007987 -5402654 X 0 0 0 NAB POLITICAL ACTION COMMITTEE 1 M STREET SE WASHINGTON DC 20003 521218303 37242 0 0 1 16655588 11500000 268804 11768804 16655588 -4886784 PART III-B NAB CONDUCTS POLITICAL ACTIVITIES SOLELY THROUGH ITS CONNECTED FEDERAL PAC, THE NAB POLITICAL ACTION COMMITTEE. 0 1 X 91603473 91603473 7422780 6438896 983884 4250005 4136878 113127 92700484 INVESTMENT - CARP 18872983 F 18872983 ACCRUED PENSION COSTS 8558953 CAPITAL LEASE LIABILITY 137707 SECURITY DEPOSIT 38056 8734716 X 65354000 -24007987 -2432126 -26440113 91794113 46479 563647 610126 92404239 80370277 2534791 2534791 77835486 46479 46479 77881965 PART IV, LINE 2B: NAB IS THE CUSTODIAN OF FUNDS TO BE DIRECTED TO PARTICIPATING STATIONS FROM THE U.S. COPYRIGHT OFFICE. PART X, LINE 2: UNDER THE PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (THE CODE), NAB HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM INCOME TAXES, EXCEPT FOR TAXES ON UNRELATED BUSINESS INCOME, AS A NONPROFIT TRADE ASSOCIATION. THE AMOUNT OF UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED MARCH 31, 2020 AND 2019, WAS IMMATERIAL, AND NO PROVISION FOR SUCH LIABILITY HAS BEEN MADE IN THESE CONSOLIDATED FINANCIAL STATEMENTS.1M PROPERTIES IS A SINGLE-MEMBER LLC, AND AS A DISREGARDED ENTITY IS NOT CONSIDERED SEPARATE FROM THE NAB FOR TAX PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME FROM AFFILIATES 2,404,691. PENSION ADJUSTMENT -4,836,817. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -2,190. GAIN ON SALE OF ASSETS NOT INCLUDED IN INVENTORY 565,837. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM AFFILIATES 1,882,409. NET PERIODIC BENEFIT COST 84,355. COST OF GOODS SOLD 2,190. GAIN LOSS ON DISPOSAL OF ASSETS 565,837. 1 AMERICANS FOR LIMITED GOVERNMENT INC 10332 MAIN STREET SUITE 326 FAIRFAX VA 22030 363975580 501(C)(4) 10000 OPERATING SUPPORT ASIAN AMERICANS ADVANCING JUSTICE - AAJC 1620 L STREET NW SUITE 1050 WASHINGTON DC 20036 133619000 501(C)(3) 10000 OPERATING SUPPORT BROADCAST EDUCATION ASSOCIATION 1771 N STREET NW WASHINGTON DC 20036 526057288 501(C)(3) 45000 EDUCATION CALL FOR ACTION INC 11820 PARKLAWN DRIVE SUITE 340 ROCKVILLE MD 20852 136180742 501(C)(3) 10000 OPERATING SUPPORT COMPETITIVE ENTERPRISE INSTITUTE 1310 L STREET NW 7TH FLOOR WASHINGTON DC 20005 521351785 501(C)(3) 10000 OPERATING SUPPORT DISCOVERY INSTITUTE 208 COLUMBIA ST SEATTLE WA 98104 911521697 501(C)(3) 10000 OPERATING SUPPORT NATIONAL ALLIANCE OF STATE BROADCASTERS ASSOCIATIONS 2333 WISCONSIN BOULEVARD NE ALBUQUERQUE NM 87110 521987593 501(C)(6) 24000 OPERATING SUPPORT NATIONAL ASSOCIATION OF BROADCASTERS LEADERSHIP FOUNDATION 1 M STREET SE WASHINGTON DC 20003 521866840 501(C)(3) 250000 EDUCATION NATIONAL TAXPAYERS UNION 25 MASSACHUSETTS AVENUE NW SUITE 140 WASHINGTON DC 20001 521009116 501(C)(4) 11667 OPERATING SUPPORT NATIONAL URBAN LEAGUE INC 80 PINE STREET 9TH FLOOR NEW YORK NY 10005 131840489 501(C)(3) 25000 OPERATING SUPPORT NATIVE PUBLIC MEDIA INC PO BOX 3955 FLAGSTAFF AZ 86003 800672072 501(C)(3) 10000 OPERATING SUPPORT RURAL & AGRICULTURE COUNCIL OF AMERICA 653 CONSTITUTION AVENUE NE WASHINGTON DC 20002 471537679 501(C)(3) 10000 OPERATING SUPPORT TECHFREEDOM 110 MARYLAND AVENUE NE SUITE 409 WASHINGTON DC 20002 273567814 501(C)(3) 15000 OPERATING SUPPORT US BLACK CHAMBERS INC 1701 K STREET NW SITE 1150 WASHINGTON DC 20006 800483124 501(C)(3) 10000 OPERATING SUPPORT THE AMERICAN ANTITRUST INSTITUTE 1025 CONNECTICUT AVENUE NW WASHINGTON DC 20036 522093834 501(C)(3) 15000 OPERATING SUPPORT LIBRARY OF AMERICAN BROADCASTING FOUNDATION 518 BAYBERRY DR SEVERNA PARK MD 21146 132622843 501(C)(3) 25000 OPERATING SUPPORT NATIONAL CONSUMERS LEAGUE 1701 K STREET NW SUITE 1200 WASHINGTON DC 20006 530242038 501(C)(3) 15000 OPERATING SUPPORT PART I, LINE 2: NAB MONITORS THE USE OF GRANT FUNDS ON A MONTHLY BASIS THROUGH ACCOUNTING OVERSIGHT AND ROUTINE PROGRAM ACTIVITY REVIEW. IN ADDITION, NAB MAINTAINS A CONSISTENT PRESENCE WITH OTHER ORGANIZATIONS IT SUPPORTS FINANCIALLY VIA ATTENDANCE AT ORGANIZATION EVENTS, JOINT ADVOCACY EFFORTS, ADVISORY MEETINGS, ETC. X 1 1 X X X X 0 0 0 GORDON H SMITH PRESIDENT & CEO 2999655 0 834000 0 28247 0 9500 0 10786 0 3882188 0 0 0 RICHARD KAPLAN EVP, LEGAL 1139094 0 250000 0 2203 0 9500 0 31163 0 1431960 0 0 0 CHRISTOPHER D ORNELAS COO (UNTIL 1/31/2020) 787269 0 75000 0 2958 0 9500 0 34239 0 908966 0 0 0 CURTIS J LEGEYT COO AS OF 2/1/2020) 691594 0 100000 0 1140 0 9500 0 34041 0 836275 0 0 0 STEVEN W NEWBERRY EVP, INDUSTRY AFFAIRS & STRATEGIC PL 691594 0 50000 0 3459 0 9500 0 34041 0 788594 0 0 0 CHRISTOPHER A BROWN EVP, CONVENTIONS & BUSINESS OPS 462153 0 155000 0 4827 0 9500 0 33642 0 665122 0 0 0 ROBERT S MATHENY EVP, CTO 476594 0 75000 0 2190 0 9500 0 34041 0 597325 0 0 0 MARK D WHARTON EVP, COMMUNICATION 452110 0 50000 0 7482 0 9500 0 34074 0 553166 0 0 0 CARA MICHELLE SEMONES LEHMAN EVP, MARKETING 400127 0 35000 0 901 0 9500 0 34041 0 479569 0 0 0 LYNN D CLAUDY SVP, TECHNOLOGY 363796 0 35000 0 11098 0 9500 0 23490 0 442884 0 0 0 TRISH JOHNSON CPA EVP, FINANCE & CFO AS OF 2/1/20 317430 0 35000 0 0 0 9500 0 14817 0 376747 0 0 0 JOHN P SMEDILE SVP, GOVERNMENT RELATIONS 324135 0 10000 0 1384 0 10217 0 117 0 345853 0 0 0 SHAWN DONILON EVP, GOV. RELATIONS AS OF 2/1/20 324075 0 10000 0 634 0 9766 0 117 0 344592 0 0 0 PART I, LINE 1A TRAVEL FOR THE PRESIDENT'S SPOUSE WAS PAID AND REPORTED ON HIS W-2 IN ACCORDANCE WITH NAB'S SPOUSAL TRAVEL POLICY. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL BE EMPOWERED TO ACT FOR THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD. EXPENDITURES ON ANY ITEM OR ISSUE, NOT CONTAINED IN THE APPROVED BUDGET FOR THE CURRENT FISCAL YEAR, SHALL NOT EXCEED, WITHOUT THE PRIOR APPROVAL OF THE BOARD, AN AMOUNT TO BE SET ANNUALLY BY THE BOARD AS PART OF THE REGULAR BUDGETING PROCESS. FORM 990, PART VI, SECTION A, LINE 6 NATIONAL ASSOCIATION OF BROADCASTERS (NAB) IS A MEMBERSHIP ORGANIZATION FOR THE BROADCASTING INDUSTRY WITH TWO CLASSES OF MEMBERS: ACTIVE (RADIO AND TV) AND ASSOCIATE. FORM 990, PART VI, SECTION A, LINE 7A NAB HAS A RADIO BOARD AND TELEVISION BOARD. THE RADIO BOARD MAY HAVE NO MORE THAN 35 MEMBERS, TEN OF WHOM ARE APPOINTED BY THE BOARD AND THE REMAINDER OF WHOM ARE ELECTED FROM EACH RADIO DISTRICT BY BALLOT. THE TELEVISION BOARD MAY HAVE NO MORE THAN 26 MEMBERS: SIX SEATS ARE APPOINTED BY THE EXECUTIVE COMMITTEE, TWO ARE APPOINTED BY THE TELEVISION BOARD, AND THE REMAINDER ARE ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED AND REVIEWED BY THE OFFICE OF THE CONTROLLER AND REVIEWED BY THE CONTROLLER AND AUDIT COMMITTEE. THE FORM 990 IS ALSO MADE AVAILABLE TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, NAB STAFF REVIEW AND SIGN A CONFLICT OF INTEREST/BUSINESS ETHICS POLICY THAT PROVIDES GUIDANCE ON AVOIDING CONFLICTS OF INTEREST AND UNDUE INFLUENCE, AS WELL AS SPELLING OUT LIMITATIONS ON THE ACCEPTANCE OF GIFTS. CORPORATE COUNSEL PROVIDES QUARTERLY REPORTS TO THE CHIEF OPERATING OFFICER ON ANY KNOWN CONFLICTS OF INTEREST, AND ALSO ADDRESSES STAFF INQUIRIES REGARDING CONFLICTS OF INTEREST. ANY CONFLICTS NOT RESOLVED ARE BROUGHT TO THE ATTENTION OF THE AUDIT COMMITTEE AND/OR EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF EXECUTIVE OFFICER (CEO)'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE AFTER A REVIEW OF THE CEO'S ACTIVITIES AND ACCOMPLISHMENTS FOR THE YEAR. THERE IS DISCUSSION AND DELIBERATION, AND THE PARTIES ARE PROVIDED WITH COMPARABLE DATA, AS AVAILABLE. THE DETERMINATION IS PROVIDED TO THE CONTROLLER FOR IMPLEMENTATION. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE COMPENSATION COMMITTEE AFTER A REVIEW OF THE ACTIVITIES AND ACCOMPLISHMENTS OF THE OFFICERS AND KEY EMPLOYEES FOR THE YEAR. THERE IS DISCUSSION AND DELIBERATION, AND THE PARTIES ARE PROVIDED WITH COMPARABLE DATA, AS AVAILABLE. THE DETERMINATION IS PROVIDED TO THE CONTROLLER FOR IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 19 NAB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC EXCEPT AT ITS DISCRETION ON A CASE BY CASE BASIS. FORM 990, PART XI, LINE 9: PENSION ADJUSTMENT -4,836,817. GAIN ON SALE OF ASSETS OTHER THAN INVENTORY -565,837. 1M PROPERTIES LLC 1 M STREET SE WASHINGTON DC 20003 834546607 LAND PURCHASE & NEW BUILDING CONSTRUCTION DC 0 NATIONAL ASSOCIATION OF BROADCASTERS NAB LEADERSHIP FOUNDATION 1 M STREET SE WASHINGTON DC 20003 521866840 EDUCATION DC 501(C)(3) LINE 12A, I NATIONAL ASSOCIATION OF BROADCASTERS 1 NAB POLITICAL ACTION COMMITTEE 1 M STREET SE WASHINGTON DC 20003 521218303 POLITICAL ACTION COMMITTEE DC 527 NATIONAL ASSOCIATION OF BROADCASTERS 1 NAB TECHNOLOGIES INC 1771 N STREET NW WASHINGTON DC 200362800 521553742 INACTIVE DC NATIONAL ASSOCIATION OF BROADCASTERS C 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 NAB LEADERSHIP FOUNDATION B 250000 CASH NAB LEADERSHIP FOUNDATION N 351327 COST ALLOCATION NAB LEADERSHIP FOUNDATION Q 785345 COST BASIS NAB POLITICAL ACTION COMMITTEE O 278688 COST BASIS