2018-06-22T10:50:19-05:00 2017-12-31 371611326 ARONSON LLC 805 KING FARM BLVD 3RD FLOOR ROCKVILLE MD 20850 990 2017-01-01 521139030 REGULATORY AFFAIRS PROFESSIONALS SOCIETY REGU 3017702920 5635 FISHERS LANE NO 550 ROCKVILLE MD 20852 PAUL C BROOKS EXECUTIVE DIRECTOR 3017702920 2018-06-21 1 GREGORY M PLOTTS CPA P01255941 3012316200 2017 2022-09-23 18:48:47Z PAUL BROOKS 5635 FISHERS LANE NO 550 ROCKVILLE MD 20852 10746190 0 X HTTPS://WWW.RAPS.ORG X 1977 DC LARGEST GLOBAL ORGANIZATION SUPPORTING THOSE INVOLVED WITH REGULATION OF HEALTHCARE PRODUCTS. 13 13 45 500 777445 -146854 0 0 9667635 9290145 69981 79428 717536 943529 10455152 10313102 0 2092 0 0 4179356 4338831 0 0 445019 6218069 5300089 10397425 9641012 57727 672090 3984722 4912126 2431110 2947520 1553612 1964606 RAPS SERVES THE REGULATORY PROFESSION BY PROVIDING EDUCATIONALPROGRAMS, PRODUCTS, AND SERVICES TO MEET THEIR NEEDS. RAPS PROMOTESTHE REGULATORY PROFESSION BY BRINGING VISIBILITY TO THE IMPORTANCE OFTHE PROFESSION IN THE DELIVERY OF SAFE HEALTHCARE PRODUCTS. 0 0 3891335 2092 5929007 PROFESSIONAL ISSUES - MORE THAN 125 EDUCATIONAL PROGRAMS AND COURSES, PROVIDING INITIAL TRAINING AND ADVANCED LEARNING OPPORTUNITIES FOR PROFESSIONALS BOTH IN-PERSON AND ONLINE, INCLUDING THE SOCIETY'S ANNUAL CONFERENCE; THE PROFESSIONAL CERTIFICATION PROGRAM (REGULATORY AFFAIRS CERTIFICATION - RAC) OFFERING FOUR EXAMINATIONS-COVERING US, EUROPEAN UNION, CANADIAN AND INTERNATIONAL REGULATIONS. 1865725 442469 COMMUNICATIONS - PRODUCTION OF PRINT AND ELECTRONIC COMMUNICATIONS, INCLUDING RAPS' ONLINE PUBLICATION, REGULATORY FOCUS; RAPS BOOKS ANDPUBLICATIONS; ELECTRONIC COMMUNICATIONS AND THE DEVELOPMENT ANDMAINTENANCE OF RAPS-BRANDED WEBSITES; MARKETING EFFORTS FOR EDUCATIONALPROGRAMS AND SERVICES AND PROFESSIONAL ACTIVITIES; EXHIBITS ANDCOMMUNICATIONS AT RAPS' ANNUAL CONFERENCE AND OTHER RAPS EVENTS; PUBLICRELATIONS INITIATIVES INCLUDING OUTREACH TO GENERAL AND TRADE MEDIA ANDOTHER PROFESSIONAL AND CONSUMER GROUPS; AND COORDINATED SOCIAL MEDIACOMMUNICATIONS. 912632 2141224 MEMBERSHIP - EDUCATIONAL, SCIENTIFIC SOCIETY SUPPORTING REGULATORYAFFAIRS PROFESSIONALS IN THE MEDICAL DEVICES, PHARMACEUTICALS ANDBIOLOGICS- RELATED ORGANIZATIONS, INCLUDING INDUSTRY, GOVERNMENT,CLINICAL RESEARCH, ACADEMIA. PROVIDE MEMBERSHIP SUPPORT, EDUCATIONALAND INFORMATION SERVICES, DIGITAL PUBLICATION OF INFORMATION RELEVANTTO THE PROFESSION AND HEALTH SECTOR, VIRTUAL AND IN- PERSONPEER-TO-PEER NETWORKING, LOCAL/INTERNATIONAL CHAPTERS AND AFFILIATESAND A VARIETY OF OTHER PROGRAMS , PRODUCTS AND SERVICES. 6669692 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 358 0 1 45 1 1 1 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MD X PAUL BROOKS 3017702920 5635 FISHERS LANE NO 550 ROCKVILLE MD 20852 TODD CHERMAK RPH PHD CHAIRMAN 1.00 1.00 X X 0 0 0 SUSUMU NOZAWA RAC FRAPS PRESIDENT 1.00 1.00 X X 0 0 0 DON BOYER FRAPS PRESIDENT-ELECT 1.00 1.00 X X 0 0 0 SALMA MICHOR PHD RAC SECRETARY / TREASURER 1.00 1.00 X X 0 0 0 GLENN BYRD MBA RAC DIRECTOR 1.00 X 0 0 0 EDWARD TABOR MD DIRECTOR 1.00 X 0 0 0 LAILA GURNEY RAC DIRECTOR 1.00 X 0 0 0 RAINA DAURIA RAC DIRECTOR 1.00 X 0 0 0 JUDITH SMITH DIRECTOR 1.00 X 0 0 0 DAVID E CHADWICK PHD RAC FRAPS DIRECTOR 1.00 X 0 0 0 JETHRO EKUTA DVM PHD RAC FRAPS DIRECTOR 1.00 X 0 0 0 GERT BOS DIRECTOR 1.00 X 0 0 0 MICHAEL MORTON DIRECTOR 1.00 X 0 0 0 PAUL C BROOKS EXECUTIVE DIRECTOR 32.00 X 339285 0 14265 WILLIAM J MCMOIL VP FINANCE, IT & OPERATIONS 40.00 X 145960 0 5770 DIANA KAMINSKY SVP,ENGAGEMENT,MARKETING & MKT DEV 40.00 X 173427 0 11904 MATTHEW CLARK VP, PUBLISHING & CONTENT STRATEGY 40.00 X 170445 0 8572 WILLIAM J BRIDGES VP,EDUCATION & PROFESSIONAL DEVELOPMENT 40.00 X 155400 0 161 GENGHIS HAROON SENIOR DIRECTOR, BUSINESS DEV 40.00 X 142869 0 701 SHANNON DOOLIN DIRECTOR, MARKETING 40.00 X 105767 0 4145 JOHN MCMAHON STRATEGIC ACCTS MGR 40.00 X 114460 0 6988 1347613 0 52506 8 0 1 0 BRIGHT KEY INC 60 WEST STREET SUITE 300 ANNAPOLIS JUNCTION MD 21401 CUSTOMER SERVICES 313310 PERSONIFY INC PO BOX 759470 BALTIMORE MD 21275 MEMBER SERVICES 225253 LINEMARK PRINTING 501 PRINCE GEORGES BLVD UPPER MARLBORO MD 20774 PRINTING SERVICES 173310 CONFERENCE DIRECT P O BOX 69777 LOS ANGELES CA 90069 CUSTOMER SERVICES 130466 AMERICAN TECHNOLOGY SERVICES 2751 PROSPERITY AVE 6TH FLR FAIRFAX VA 22031 IT SERVICES 119040 5 CONFERENCE 541900 3597006 3597006 CERTIFICATION 541900 2332001 2332001 MEMBER DUES 541900 2141224 2141224 ADVERTISING 541800 777445 777445 SPONSORSHIPS 541900 442469 442469 9290145 42237 42237 921 921 354321 317130 37191 37191 37191 776892 115958 660934 660934 RAPS AFFILIATE MANAGEMENT FEE 900099 223629 223629 POSTAGE INCOME 900099 31759 31759 MISCELLANEOUS INCOME 900099 26286 26286 281674 10313102 9397263 777445 138394 2092 2092 1025189 618476 314210 92503 2770026 1670891 849823 249312 98617 59105 32191 7321 180310 107220 59518 13572 264689 158657 86605 19427 78942 44259 34683 114452 1818 112634 19716 19716 947491 705773 241619 99 505430 476976 28454 428013 413578 13785 650 10663 10663 552323 422106 130217 1508775 1436915 63138 8722 85578 65310 20268 55699 55192 507 OUTSIDE SERVICES 658959 139404 504934 14621 COMMISSIONS 189577 189577 TELEPHONE & TELECOMMUNI 46163 7365 37813 985 PROMOTIONAL ITEMS 32385 32385 65923 51930 4640 9353 9641012 6669692 2526301 445019 1366463 2070992 114974 93221 248841 108788 191271 174932 180512 250649 1085841 874551 266297 211290 1578873 1917151 37491 85103 3984722 4912126 511860 787283 1716348 2034028 202902 126209 2431110 2947520 X 1553612 1964606 1553612 1964606 3984722 4912126 X 672090 163593 -83508 -341181 X 0 1 X 1 0 X 8668954 9223108 9046569 9534365 8512700 44985696 8668954 9223108 9046569 9534365 8512700 44985696 0 0 0 44985696 46336 49701 49174 47967 43158 236336 137689 206966 22632 367287 184025 256667 71806 47967 43158 603623 68463 24956 50167 30757 281674 456017 8921442 9504731 9168542 9613089 8837532 46045336 0.97700 0.98150 0.01310 0.01450 X 134970 133735 1235 950871 740816 210055 211290 DEFERRED RENT 126209 126209 X 10797598 163593 428574 592167 10205431 107671 107671 10313102 10288827 647815 647815 9641012 0 9641012 PART X, LINE 2: FINANCIAL STATEMENT FOOTNOTE REGARDING FIN 48 (ASC 740) THE ORGANIZATION EVALUATES UNCERTAINITY IN INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN BASED ON A MORE-LIKELY-THAN-NOT RECOGNITION STANDARD. IF THAT THRESHOLD IS MET, THE TAX POSITION IS THEN MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT AND IS RECOGNIZED IN THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2017 AND 2016, THERE ARE NO ACCRUALS FOR UNCERTAIN TAX POSITIONS. TAX YEARS FROM DECEMBER 31, 2014 THROUGH THE CURRENT YEAR REMAIN OPEN FOR EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL -183,788. INCOME OF AFFILIATE 612,362. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -115,958. REVENUE FROM AFFILIATE 223,629. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 157,393. COST OF GOODS SOLD 115,958. EXPENSE OF AFFILIATE 374,464. EUROPE (INCLUDING ICELAND & GREENLAND) 2 0 PROGRAM SERVICES TRAINING, CHAPTERS 250159 EAST ASIA AND THE PACIFIC 3 0 PROGRAM SERVICES TRAINING, MCI, MDRA 30670 NORTH AMERICA 1 0 PROGRAM SERVICES CHAPTERS 5402 6 0 0 0 6 0 286231 0 286231 0 0 0 0 0 0 X X X X 0 0 0 0 0 0 0 0 0 PAUL C BROOKS EXECUTIVE DIRECTOR 339285 0 0 0 0 0 12750 0 1515 0 353550 0 0 0 WILLIAM J MCMOIL VP FINANCE, IT & OPERATIONS 145960 0 0 0 0 0 2917 0 2853 0 151730 0 0 0 DIANA KAMINSKY SVP,ENGAGEMENT,MARKETING & MKT DEV 163906 0 9521 0 0 0 8783 0 3121 0 185331 0 0 0 MATTHEW CLARK VP, PUBLISHING & CONTENT STRATEGY 160924 0 9521 0 0 0 7871 0 701 0 179017 0 0 0 WILLIAM J BRIDGES VP,EDUCATION & PROFESSIONAL DEVELOPM 155400 0 0 0 0 0 0 0 161 0 155561 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CATEGORIES OF MEMBERS: -ACTIVE MEMBERS: INDIVIDUALS ENGAGED IN THE REGULATORY PROCESS OR IN RELATED SCIENTIFIC, CLINICAL OR ENGINEERING AREAS INVOLVED IN THE HEALTH PRODUCT LIFE CYCLE. -LIFE MEMBERS: LIFE MEMBERSHIP MAY BE OFFERED TO INDIVIDUALS WHO HAVE OFFERED DISTINGUISHED, LONG-TERM SERVICE TO RAPS AND HAVE BEEN CONTINUOUS MEMBERS OF RAPS FOR AT LEAST TWENTY (20) YEARS. LIFE MEMBERSHIP IS CONFERRED BY UNANIMOUS VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A EVERY ACTIVE AND LIFE MEMBER OF THE SOCIETY SHALL BE ENTITLED TO CAST ONE (1) VOTE ON ANY MATTER VOTED ON BY THE MEMBERSHIP AND/OR IN ANY ELECTION OF AN OFFICER OR DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE CONFLICT OF INTEREST APPLIES TO BOARD MEMBERS, EMPLOYEES, AND VOLUNTEERS. EACH BOARD MEMBER IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST AND TO DISCLOSE ANY POTENTIAL CONFLICT. INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT. THE BOARD OF DIRECTORS WILL DETERMINE THE EXTENT OF THE CONFLICT AND PROCEED ACCORDING THE RAPS POLICY GUIDANCE. THIS IS REVIEWED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 DETERMINATION OF OFFICER'S COMPENSATION LEGAL COUNSEL WAS INVOLVED IN DATA COLLECTION AND MET WITH EXECUTIVE COMMITTEE FOR FINAL COMPENSATION PACKAGE FOR EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR DISCUSSED WITH THE EXECUTIVE COMMITTEE AND DOCUMENTED PAY FOR VICE PRESIDENTS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -157,393. LOSS ON DISPOSAL -183,788. RAPS AFFILIATE 5635 FISHERS LANE NO 550 ROCKVILLE MD 20852 820721560 CERTIFICATION DC 501(C)(6) REGULATORY AFFAIRS PROFESSIONALS SOCIETY 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 MANAGEMENT FEE INCOME L 223629 FMV