2025-11-10T15:37:34-06:00 2024-12-31 420714325 RSM US LLP 7351 OFFICE PARK PLACE MELBOURNE FL 329408229 990 2024-01-01 135582579 NATIONAL ASSOCIATION OF CHAIN DRUG STORE NATI 7035493001 1776 WILSON BLVD STE 200 ARLINGTON VA 222092516 DAVID M FITZSIMMONS SVP FINANCE & ADMIN 7035493001 2025-11-10 1 1 KELLI PECK P01423033 3217516200 2025-11-10 2024 2025-03-06 01:10:19Z STEVEN C ANDERSON 1776 WILSON BLVD STE 200 ARLINGTON VA 222092516 616178865 0 X WWW.NACDS.ORG X 1933 VA TO ADVANCE THE INTERESTS AND OBJECTIVES OF THE CHAIN COMMUNITY PHARMACY INDUSTRY, BY FOSTERING ITS GROWTH AND PROMOTING ITS ROLE AS A PROVIDER OF HEALTHCARE SERVICES AND CONSUMER PRODUCTS. 20 20 51 50 49766 37973 51950 0 37157463 38577056 2828581 325495985 279883 27648 40317877 364100689 63260 39934 0 0 17613166 19042922 0 0 0 22004956 25602119 39681382 44684975 636495 319415714 104722094 623210740 33649597 34365700 71072497 588845040 X TO ADVANCE THE INTERESTS AND OBJECTIVES OF THE CHAIN COMMUNITY PHARMACY INDUSTRY, BY FOSTERING ITS GROWTH AND PROMOTING ITS ROLE AS A PROVIDER OF HEALTHCARE SERVICES AND CONSUMER PRODUCTS. 0 0 ANNUAL MEETING - 2,000+ REGISTRANTS. DIRECTORS AND OFFICERS ARE ELECTED. KEY ADDRESSES BY CHAIRMAN OF THE BOARD, PRESIDENT, AND GUEST SPEAKERS. PROVIDES ATTENDEES INFORMATION REGARDING BUSINESS, MANAGEMENT, MERCHANDISING, OPERATIONS, ETC. PROVIDES A FORUM FOR EXECUTIVE-LEVEL MEETINGS BETWEEN CHAIN DRUG MEMBERS AND SUPPLIER PARTNERS. CONFERENCES AND TRADE SHOWS - 4,000+ REGISTRANTS. TWO CONFERENCES HELD ANNUALLY. TOPICS ADDRESSED INCLUDE GENERAL MERCHANDISING TRENDS, PHARMACY AND PROFESSIONAL ISSUES, HEALTH AND WELLNESS, AND OPERATIONAL CONCERNS OF REGIONAL CHAIN DRUG STORE RETAILERS. EXHIBIT HALL FORMAT WITH SOME GENERAL BUSINESS SESSIONS INCLUDED. FEDERAL AND STATE GOVERNMENT AFFAIRS PROGRAMS - CONGRESSIONAL RELATIONS PROGRAM DESIGNED TO COMMUNICATE INDUSTRY ISSUES OF CONCERN TO MEMBERS OF CONGRESS; LEGISLATIVE AND REGULATORY LIAISON DESIGNED TO KEEP MEMBERS INFORMED ON IMPORTANT LEGISLATIVE AND REGULATORY DEVELOPMENTS. SIMILAR PROGRAM AT THE STATE GOVERNMENT LEVEL. PHARMACY OPERATIONS AND PATIENT CARE PROGRAMS - VARIOUS PROGRAMS TO DEMONSTRATE AND COMMUNICATE THE VALUE OF PHARMACY SERVICES IN IMPROVING HEALTH OUTCOMES AND LOWERING OVERALL HEALTHCARE COSTS. INCLUDES WORKING WITH OTHER ALLIED TRADE ASSOCIATIONS AND STATE BOARDS OF PHARMACY TO ADDRESS PHARMACY PRACTICES AND PROFESSIONAL ISSUES WHICH AFFECT CHAIN DRUG STORE OPERATIONS. ALSO PROVIDE ONLINE EDUCATIONAL COURSES FORPHARMACISTS.OTHER PROGRAM SERVICES - VARIOUS OTHER SERVICES TO MEMBERS INCLUDING REGULATORY GUIDANCE ON INDUSTRY ISSUES, LEGAL SUPPORT ON INDUSTRY MATTERS, MEMBERSHIP DIRECTORY, PUBLIC RELATIONS AND COMMUNICATIONS, AND FRONT-END RETAIL SUPPORT. 0 0 1 1 0 0 0 0 0 1 1 0 0 1 0 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 1 0 1 82 0 1 51 1 1 1 0 0 0 1 1 0 1 0 X 20 20 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X DAVID M FITZSIMMONS 7035493001 1776 WILSON BLVD STE 200 ARLINGTON VA 222092516 KEVIN HOST CHAIR 5.00 X X 0 0 0 RICK GATES VICE CHAIR 5.00 X X 0 0 0 DAVID WARNER TREASURER 1.00 X X 0 0 0 BRAD COCHRAN DIRECTOR 1.00 X 0 0 0 RANDY EDEKER DIRECTOR (THRU 8/1/24) 1.00 X 0 0 0 LYNNE FRUTH DIRECTOR 1.00 X 0 0 0 OMER GAJIAL DIRECTOR (THRU 9/1/24) 1.00 X 0 0 0 JEREMY GOSCH DIRECTOR 1.00 X 0 0 0 MARK GRIFFIN DIRECTOR 1.00 X 0 0 0 SEAN JACKSON DIRECTOR (THRU 10/1/24) 1.00 X 0 0 0 NIMESH JHAVERI DIRECTOR 1.00 X 0 0 0 RICK KEYES DIRECTOR 1.00 X 0 0 0 COLLEEN LINDHOLZ DIRECTOR 1.00 X 0 0 0 ROBERT NARVESON DIRECTOR 1.00 X 0 0 0 MARTIN OTTO DIRECTOR 1.00 X 0 0 0 ANDRE PERSAUD DIRECTOR 1.00 X 0 0 0 DAIN RUSK DIRECTOR 1.00 X 0 0 0 KAREN STANIFORTH DIRECTOR 1.00 X 0 0 0 SHARON STERNHEIM DIRECTOR 1.00 X 0 0 0 MIKE STIGERS DIRECTOR 1.00 X 0 0 0 JIM TSIPAKIS DIRECTOR 1.00 X 0 0 0 MIKE WYSONG DIRECTOR 1.00 X 0 0 0 JENNI ZILKA DIRECTOR 1.00 X 0 0 0 STEVEN C ANDERSON FASAE CAE IOM PRESIDENT & CEO 39.00 1.00 X 3025333 0 85186 DAVID FITZSIMMONS SVP FINANCE 38.00 2.00 X 587602 0 64786 JAMES WHITMAN SVP MEMBER PROGRAMS/SERVICES 40.00 X 1180998 0 83198 CHRISTIE BOUTTE SVP REIMB, ADVOCACY & INNOVATION 40.00 X 828212 0 53516 CHRIS KRESE SVP CONGRESSIONAL RELATIONS 40.00 X 778065 0 68790 MICHAEL AYOTTE SVP PHARMACY TRANSFROM & ADVOC 40.00 X 491181 0 71698 SARA ROSZAK SVP HEALTH & WELLNESS STRATEGY 30.00 10.00 X 501212 0 86886 KEVIN NICHOLSON VP REGULATORY AFF 40.00 X 387160 0 59223 TERRENCE ARTH VP MEMBER PROGRAMS 40.00 X 426254 0 62186 SANDRA KAY GUCKIAN VP STATE GOVT 40.00 X 339531 0 43131 WILLIAM TIGHE VP FEDERAL AFFAIRS 40.00 X 349969 0 58491 HEIDI ECKER VP GOV, POLITICAL & DIGITAL ENG 40.00 X 305645 0 53776 9201162 0 790867 45 0 1 0 NAHIGIAN STRATEGIES 1455 PENNSYLVANIA AVE 100 WASHINGTON DC 20004 PUBLIC RELATIONS/ADVERTISING 2160858 ONSTAGE TALENT GROUP 23801 CALABASAS RD 2010 CALABASAS CA 91302 EVENT ENTERTAINMENT 2148749 MANATT PHELPS & PHILLIPS LLP 2049 CENTURY PARK E 1700 LOS ANGELES CA 90067 LEGAL COUNSEL 1722547 FREEMAN EXHIBITIONS PO BOX 734596 DALLAS TX 75373 TRADE SHOW INSTALLATION/MGT 1151089 FOH PRODUCTIONS 7205 W BUCKEYE RD 400 PHOENIX AZ 85043 CONVENTION AUDIO VISUAL 1146052 33 X CONFERENCE/TRADESHOW 541800 27405731 15000 27390731 MEMBERSHIP DUES 900099 10762073 10762073 LEGAL/COALITION SUPPOR 900099 374486 374486 ADVERTISING 541800 34766 34766 38577056 66925111 66925111 27648 27648 253822852 256826198 251685239 392937 2137613 256433261 258570874 258570874 364100689 11136559 49766 352914364 39934 8060560 8417764 840053 1000476 724069 1481909 78888 1123454 261691 2352112 1925161 399048 827805 1209013 566163 12788520 133566 283037 CREDIT CARD AND BANK FE 695366 DUES AND SUBSCRIPTIONS 634827 TAX EXPENSE 476429 SPONSORSHIP/POLITICAL C 156050 209080 44684975 1185207 2073389 10457603 330837451 381461 1590181 1804186 4785797 4540564 4131160 428476 409404 79310580 79684648 1900000 195229607 9254581 8600263 104722094 623210740 5736526 6583673 18698398 19751344 9214673 8030683 33649597 34365700 X 71072497 588845040 71072497 588845040 104722094 623210740 X 319415714 198420829 -64000 X 0 1 X 1 0 31500 31500 0 31500 1 ARKANSAS GROCERS & RETAIL MERCHANTS PAC PO BOX 21861 LITTLE ROCK AR 72221 716059233 1500 CLARENCE LAM PO BOX 891 COLUMBIA MD 21044 273009231 250 FLORIDA RETAIL FEDERATION PAC 227 S ADAMS ST TALLAHASSEE FL 32301 463081179 1000 FREINDS OF PAM BEIDLE 17 W COURTLAND ST STE 210 BEL AIR MD 21014 522076022 500 FRIENDS OF AMY PAULIN 99 WASHINGTON AVENUE STE 402 ALBANY NY 12210 134130364 500 FRIENDS OF HEATHER BAGNALL 1521 RITCHIE HIGHWAY PO BOX 129 ARNOLD MD 21012 823890313 500 FRIENDS OF JAMES SCOUFIS 99 WASHINGTON AVENUE STE 402 ALBANY NY 12210 922156502 750 FRIENDS OF JOSELINE PENA-MELNYK PO BOX COLLEGE PARK MD 20741 204614730 500 FRIENDS OF JUSTIN READY PO BOX 402 WESTMINSTER MD 21158 426651234 500 FRIENDS OF NIC KIPKE PO BOX 862 PASADENA MD 21122 201393106 250 FRIENDS OF PATRICIA FAHY 99 WASHINGTON AVENUE STE 402 ALBANY NY 12210 991226848 500 FRIENDS OF STEVE JOHNSON 305 FORDS LANE ABERDEEN MD 21001 825105750 500 FRIENDS OF TOBY STAVISKY 99 WASHINGTON AVENUE STE 402 ALBANY NY 12210 932830136 500 GEORGIA RETAIL ASSOCIATION 227 S ADAMS ST TALLAHASSEE FL 32301 912066305 1000 GUSTAVO RIVERA FOR STATE SENATE 99 WASHINGTON AVENUE STE 402 ALBANY NY 12210 272478542 1000 ILLINOIS RETAIL MERCHANTS ASSOCIATION 53 W JACKSON BLVD SUITE 518 CHICAGO IL 60604 362352996 1500 INDIANA RETAILERS POLITICAL ACTION COMMITTEE 1701 E EDGEWOOD AVE 17344 INDIANAPOLIS IN 46217 350242682 4000 JEREMY COONEY FOR STATE SENATE 99 WASHINGTON AVENUE STE 402 ALBANY NY 12210 922403453 500 MAINSTREET MERCHANTS FOR A BETTER NC INC PO BOX 1030 RALEIGH NC 27602 454057111 1500 MCDONALD FOR ASSEMBLY 99 WASHINGTON AVENUE STE 402 ALBANY NY 12210 455212860 750 MD RETAILERS ALLIANCE PAC 171 CONDUIT ST ANNAPOLIS MD 21401 520575864 1000 NYS DEMOCRATIC COMMITTEE HOUSEKEEPING ACCOUNT 99 WASHINGTON AVENUE STE 402 ALBANY NY 12210 130628260 5000 PATTY FOR WASHINGTON PO BOX 20792 SEATTLE WA 98102 425315866 1500 SC RETAIL ASSN PAC PO BOX 1030 RALEIGH NC 27602 201926761 1500 STEVE HERSHEY 104 WYE VIEW RD QUEENSTOWN MD 21658 272986910 500 TENNESSEE PHARMACISTS ASSOCIATION PO BOX 190067 NASHVILLE TN 37219 621106648 1000 WASHINGTON STATE PHARMACY ASSOCIATION PAC 411 WILLIAMS AVE S RENTON WA 98057 910462190 3000 0 0 1 10762073 6641184 294040 6935224 4304829 2630395 PART I-A, LINE 1: CORPORATE CONTRIBUTIONS ARE MADE TO STATE POLITICAL PARTIES AND STATE POLITICAL CANDIDATES WHERE ALLOWED BY LAW. 2106362 1983330 123032 1045220 761914 283306 1388982 1385916 3066 409404 INVESTMENT IN SURESCRIPTS 195229607 F 195229607 LEASE LIABILITY 8030683 8030683 1 MT VERNON LADIES ASSN PO BOX 110 MT VERNON VA 22121 540564701 501(C)(3) 15000 0 ANNUAL FUNDRAISING DINNER AMERICAN SOC OF ASSN EXECS 1575 EYE ST NW WASHINGTON DC 20005 530026940 501(C)(6) 17000 0 ANNUAL FUNDRAISING DINNER 1 1 PART I, LINE 2: TAXPAYER DOES NOT MAKE FORMAL GRANTS, BUT MAY GIVE TO OTHER 501(C) ORGS AS MEMORIAL CONTRIBUTIONS FOR INDUSTRY MEMBERS, OR TO SUPPORT THE ANNUAL DINNERS OF LOCAL TRADE ASSOCIATIONS. X X X X 1 1 X X X X X 0 0 0 STEVEN C ANDERSON FASAE CAE IOM PRESIDENT & CEO 1734850 0 1266122 0 24361 0 57500 0 123023 0 3205856 0 0 0 JAMES WHITMAN SVP MEMBER PROGRAMS/SERVICES 795902 0 373971 0 11125 0 57500 0 35374 0 1273872 0 0 0 CHRISTIE BOUTTE SVP REIMB, ADVOCACY & INNOVATION 432184 0 395218 0 810 0 34500 0 26987 0 889699 0 0 0 CHRIS KRESE SVP CONGRESSIONAL RELATIONS 641434 0 135389 0 1242 0 34500 0 45026 0 857591 0 0 0 DAVID FITZSIMMONS SVP FINANCE 440754 0 142888 0 3960 0 34500 0 40922 0 663024 0 0 0 SARA ROSZAK SVP HEALTH & WELLNESS STRATEGY 413095 0 87631 0 486 0 56000 0 41365 0 598577 0 0 0 MICHAEL AYOTTE SVP PHARMACY TRANSFROM & ADVOC 399704 0 84618 0 6859 0 46000 0 34761 0 571942 0 0 0 TERRENCE ARTH VP MEMBER PROGRAMS 352395 0 67000 0 6859 0 34500 0 38290 0 499044 0 0 0 KEVIN NICHOLSON VP REGULATORY AFF 337209 0 47629 0 2322 0 34449 0 33520 0 455129 0 0 0 WILLIAM TIGHE VP FEDERAL AFFAIRS 303878 0 45281 0 810 0 30805 0 38076 0 418850 0 0 0 SANDRA KAY GUCKIAN VP STATE GOVT 294005 0 43204 0 2322 0 29890 0 19311 0 388732 0 0 0 HEIDI ECKER VP GOV, POLITICAL & DIGITAL ENG 266476 0 37927 0 1242 0 27431 0 33381 0 366457 0 0 0 PART I, LINE 1A ADDITIONAL INFORMATION FOR SCH J, PART I QUESTIONS: FIRST CLASS TRAVEL IS ALLOWED FOR THE CEO FOR LONGER FLIGHTS (PER EMPLOYMENT CONTRACT). COMPANION TRAVEL FOR CEO AND SVP MEMBER PROGRAMS IS ALLOWED FOR TAXPAYER'S OWN CONFERENCES, AS THERE IS A BONA FIDE PURPOSE FOR ATTENDANCE. AS SUCH, PAYMENTS FOR CEO'S COMPANION TRAVEL ARE NOT GROSSED UP. HEALTH CLUB DUES ARE REIMBURSED UP TO $300 PER YEAR AND ARE INCLUDED ON THE EMPLOYEE'S W-2. FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERSHIP- MEMBERSHIP IN THE CORPORATION IS DIVIDED INTO THREE CLASSES: ACTIVE, ASSOCIATE, AND INTERNATIONAL. ACTIVE MEMBERS- ANY PERSON, FIRM, OR CORPORATION ENGAGED IN OPERATING FOR-PROFIT RETAIL DRUG STORES OR OTHER FOR-PROFIT COMMUNITY RETAIL PHARMACIES SHALL BE ELIGIBLE FOR ACTIVE MEMBERSHIP IN THE CORPORATION, INCLUDING OPERATORS OF FOUR OR MORE FOR-PROFIT RETAIL DRUG STORES OR OTHER FOR-PROFIT COMMUNITY RETAIL PHARMACIES THAT ARE SUBSIDIARIES OF, OWNED BY, OR DIRECTLY OR INDIRECTLY CONTROLLED BY A NOT-FOR-PROFIT ORGANIZATION. ASSOCIATE MEMBERS- ANY PERSON, FIRM, CORPORATION, OR ORGANIZATION ACTIVELY ENGAGED IN SUPPLYING GOODS OR SERVICES TO THE PROFESSION OF PHARMACY, THE DRUG INDUSTRY, RETAIL DRUG STORES OR OTHER FOR-PROFIT COMMUNITY RETAIL PHARMACIES SHALL BE ELIGIBLE FOR ASSOCIATE MEMBERSHIP IN THE CORPORATION. INTERNATIONAL MEMBERS- ANY PERSON, FIRM, CORPORATION, OR ORGANIZATION LOCATED IN AND ORGANIZED UNDER THE LAWS OF A JURISDICTION OUTSIDE OF THE UNITED STATES AND ENGAGED IN OPERATING FOR-PROFIT RETAIL DRUG STORES OR OTHER FOR-PROFIT COMMUNITY RETAIL PHARMACIES OR ACTIVELY ENGAGED IN SUPPLYING GOODS OR SERVICES TO THE PROFESSION OF PHARMACY, DRUG INDUSTRY, RETAIL DRUG STORES OR OTHER FOR-PROFIT COMMUNITY RETAIL PHARMACIES SHALL BE ELIGIBLE FOR INTERNATIONAL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE OF THE BOARD OF DIRECTORS PRESENTS A SLATE OF DIRECTORS TO BE VOTED ON AT EACH YEAR'S ANNUAL MEMBER'S MEETING. EACH ACTIVE MEMBER IS ENTITLED TO ONE VOTE ON ANY MATTER PRESENTED TO THE MEMBERSHIP AT ANY MEETING OF THE MEMBERS. VOTING MAY BE BY PROXY, WHICH PROXY SHALL BE IN WRITING, SIGNED BY THE ACTIVE MEMBER, AND SUBMITTED TO THE SECRETARY PRIOR TO THE VOTE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. THE DIRECTORS ARE INSTRUCTED TO CONTACT THE SVP FINANCE IF THEY HAVE ANY QUESTIONS REGARDING THE RETURN. AFTER A REASONABLE PERIOD OF TIME, THE FORMS ARE FILED IF THERE ARE NO FURTHER QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO VOTING BOARD MEMBERS OF THE ORGANIZATION; ANY BOARD MEMBER WHO DECLARES A CONFICT OF INTEREST ON A MATTER IS REQUIRED TO RECUSE THEMSELVES FROM THE DISCUSSION AND ANY VOTE ON THE MATTER. IN ORDER TO MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY, DIRECTORS ARE REMINDED OF THE POLICY AT EVERY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 FORM 990 EXECUTIVE COMPENSATION: Q15A. TAXPAYER HAS A HUMAN RESOURCES COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW, DISCUSSION AND APPROVAL OF THE CEO'S SALARY AND ANNUAL PERFORMANCE-BASED BONUS AWARD. THE CEO'S COMPENSATION IS BENCHMARKED ANNUALLY BY AN INDEPENDENT COMPENSATION ANALYSIS FIRM THAT USES APPROPRIATE COMPARABLE DATA FROM OTHER ORGANIZATIONS OF SIMILAR SIZE AND GEOGRAPHIC LOCATION, INCLUDING 990'S OF OTHER ORGANIZATIONS AND COMPENSATION STUDIES. THE DATA AND ANALYSIS IS PROVIDED TO THE COMMITTEE. RECORDS OF THE PROCESS AND THE RESULTING DETERMINATION ARE KEPT WITHIN THE COMMITTEE MEETING MINUTES. Q15B. TAXPAYER USES COMPARABLE COMPENSATION DATA TO BENCHMARK OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. AN INDEPENDENT COMPENSATION ANALYSIS FIRM IS UTILIZED TO ROUTINELY REVIEW AND COMPARE OUR ESTABLISHED, BOARD-APPROVED COMPENSATION PROGRAM WITH COMPARABLE ORGANIZATIONS OF SIMILAR SIZE AND GEOGRAPHIC REGION. THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND DISCUSSES COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THE PRESIDENT & CEO HAS THE FINAL AUTHORITY ON OTHER OFFICERS AND KEY EMPLOYEES COMPENSATION. RECORDS OF THE PROCESS AND THE RESULTING DETERMINATION ARE KEPT WITHIN THE COMMITTEE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE TAXPAYER'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VIII TAXPAYER OWNED 25% OF SURESCRIPTS, LLC, AN ELECTRONIC PRESCRIBING PLATFORM, AS OF 1/1/2024. THIS INVESTMENT WAS RECORDED AT COST, LESS AN ALLOWANCE, OF $1,900,000 ON THE ORGANIZATION'S 2023 FORM 990. IN NOVEMBER 2024, TAXPAYER SOLD 12.75% OF THEIR OWNERSHIP SHARE, AND RETAINED A 12.25% STAKE IN SURESCRIPTS. THE SALE RESULTED IN A LONG-TERM CAPITAL GAIN OF $256,433,261. TAXPAYER ALSO RECEIVED A CASH DIVIDEND DISTRIBUTION FROM SURESCRIPTS IMMEDIATELY PRECEDING THE SALE. THE DIVIDEND TOTALED $61,841,463. FINALLY, IN ACCORDANCE WITH ASC820, THE TAXPAYER RAISED THE REMAINING 12.25% OWNERSHIP IN SURESCRIPTS FROM COST TO FAIR VALUE, FOLLOWING THE OBSERVABLE MARKET VALUE ESTABLISHED BY THE NOVEMBER SALE. THIS RAISED THE FAIR VALUE OF THE REMAINING INVESTMENT AT 12/31/2024 TO $195,225,607. FORM 990, PART XI, LINE 9: PENSION RELATED GAIN/LOSS -64,000. NACDS FOUNDATION INC 1776 WILSON BLVD SUITE 200 ARLINGTON VA 22209 510144922 501 (C)(3) SUPPORTING ORGANIZATION VA 501(C)(3) LINE 12A, I NATIONAL ASSN OF CHAIN DRUG STORES INC 1 NACDS POLITICAL ACTION COMMITTEE 1776 WILSON BLVD SUITE 200 ARLINGTON VA 22209 541603961 POLITICAL ACTION COMMITTEE VA 527 NATIONAL ASSN OF CHAIN DRUG STORES INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 NACDS FOUNDATION INC N 50704 ACTUAL COST NACDS FOUNDATION INC O 201476 ACTUAL COST NACDS FOUNDATION INC Q 291096 ACTUAL COST RELATIONSHIP WITH OTHER ORGANIZATION TAXPAYER AND ANOTHER 501(C)(6) ORG. EACH APPOINT 50% OF THE BOARD OF A 3RD 501(C)(6) ORG.- THE INSTITUTE FOR THE ADVANCEMENT OF COMMUNITY PHARMACY, INC. (TAX ID# 54-1924721). THOUGH THIS DOES NOT QUALIFY UNDER THE SCH. R DEFINITION OF CONTROL, TAXPAYER AND THE OTHER 501(C)(6) SUPPORT THIS 3RD ORGANIZATION BY REIMBURSING ITS OPERATING EXPENSES, AND BY PROVIDING STAFF SUPPORT FREE OF CHARGE.