2018-09-19T04:14:10-05:00 2017-12-31 521511275 RAFFA PC 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2017-01-01 541563782 ARGENTUM ARGE 7038941805 1650 KING STREET NO 602 ALEXANDRIA VA 22314 GINA MAMONE CHIEF FINANCIAL OFFICER 7038941805 2018-09-19 1 FRANK H SMITH P00639053 2028225000 2018-09-19 2017 2022-09-23 18:48:47Z JAMES BALDA 1650 KING STREET NO 602 ALEXANDRIA VA 22314 12540170 0 X WWW.ARGENTUM.ORG X 1991 VA ARGENTUM IS DEDICATED TO PROFESSIONALLY OPERATED ASSISTED LIVING COMMUNITIES FOR SENIORS. 23 23 29 24 709927 70497 902500 303000 9767118 10388053 21268 24653 59060 154726 10749946 10870432 39500 0 0 0 3008502 3150337 0 0 0 7032418 7224483 10080420 10374820 669526 495612 3958582 4546314 2048621 2269802 1909961 2276512 X ARGENTUM IS THE LARGEST NATIONAL ASSOCIATION EXCLUSIVELY DEDICATED TO PROFESSIONALLY OPERATED SENIOR LIVING COMMUNITIES FOR SENIORS. ITS MEMBER-DRIVEN PROGRAMS PROMOTE BUSINESS AND OPERATIONAL EXCELLENCE THROUGH NATIONAL CONFERENCES, RESEARCH, PUBLICATIONS AND ADVOCACY. ARGENTUM WORKS TO INFLUENCE PUBLIC POLICY BY ADVOCATING FOR INFORMED CHOICE, QUALITY CARE AND ACCESSIBILITY FOR ALL AMERICANS. 0 0 CONFERENCE AND MEETINGS: THE SENIOR LIVING EXECUTIVE CONFERENCE AND EXPO ARE DESIGNED FOR EXECUTIVES IN THE SENIOR LIVING INDUSTRY. THE SESSIONS ADDRESSED CURRENT ISSUES FACING SENIOR LIVING EXECUTIVES AND PROVIDED INNOVATIVE IDEAS TO HELP EXECUTIVES NAVIGATE CHALLENGES. STRATEGIC SESSIONS PROVIDED AN OPPORTUNITY TO EXAMINE A BROAD RANGE OF TOPICS. SESSIONS PROVIDED FOR GREATER PEER-TO-PEER EXCHANGE ON TIMELY AND THOUGHT-PROVOKING TOPICS. STATE AFFILIATE PROGRAMS: ARGENTUM STAFF CONTINUE TO WORK WITH THE EXISTING 35 STATE ARGENTUM AFFILIATES TO STRENGTHEN THEIR ABILITY TO MEET OUR MEMBERS' NEEDS. PUBLICATIONS: GEARED TOWARD THE SENIOR LIVING EXECUTIVE, IT PROVIDES OPERATIONAL EXCELLENCE STRATEGIES AND RELATED RESEARCH. THE MAGAZINE IS VIEWED AS THE PREMIER INDUSTRY PUBLICATION. ARGENTUM HAS CONDUCTED A READER SURVEY TO DETERMINE READER SATISFACTION, LOYALTY AND PASS ALONG READERSHIP. THIS STUDY WAS USED TO AGGRESSIVELY POSITION THE MAGAZINE AS A "MUST-READ" FOR ALL SENIOR LIVING EXECUTIVES. 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 41 0 1 29 1 1 1 0 0 0 1 1 0 X 23 23 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X GINA MAMONE 7038941805 1650 KING STREET NO 602 ALEXANDRIA VA 22314 LOREN B SHOOK CHAIRMAN 1.25 X X 0 0 0 BRENDA J BACON IMMEDIATE PAST CHAIRMAN 1.25 X X 0 0 0 TIMOTHY J BUCHANAN VICE CHAIRMAN 1.25 X X 0 0 0 PAT MULLOY VICE CHAIRMAN 1.25 X X 0 0 0 BRUCE J MACKEY JR TREASURER 1.25 X X 0 0 0 RANDY J RICHARDSON SECRETARY 1.25 X X 0 0 0 EDWARD R KENNY PUBLIC POLICY COMM. CHAIR 1.25 X X 0 0 0 JACK CALLISON DIRECTOR 1.00 X 0 0 0 THOMAS DEROSA DIRECTOR 1.00 X 0 0 0 TOM H GRAPE DIRECTOR 1.00 X 0 0 0 STEPHANIE HANDELSON DIRECTOR 1.00 X 0 0 0 JUDD HARPER DIRECTOR 1.00 X 0 0 0 KAI HSIAO DIRECTOR 1.00 X 0 0 0 JUSTIN HUTCHENS DIRECTOR 1.00 X 0 0 0 JOHN A MOORE DIRECTOR 1.00 X 0 0 0 TODD NOVACZYK DIRECTOR 1.00 X 0 0 0 BILL PETTIT JR DIRECTOR 1.00 X 0 0 0 ROBERT PROBST DIRECTOR 1.00 X 0 0 0 T ANDY SMITH DIRECTOR 1.00 X 0 0 0 TIFFANY TOMASSO DIRECTOR 1.00 X 0 0 0 COLLETE VALENTINE-GRAY DIRECTOR 1.00 X 0 0 0 PATRICIA WILL DIRECTOR 1.00 X 0 0 0 CHRIS WINKLE DIRECTOR 1.00 X 0 0 0 JAMES BALDA PRESIDENT/CEO 40.00 X 577262 0 57474 GINA MAMONE CHIEF FINANCIAL OFFICER 40.00 X 190040 0 25212 MARIBETH BERSANI CHIEF OPERATING OFFICER 40.00 X 310524 0 31580 RONALD B WILLIAMS VP BUSINESS DEVELOPMENT 40.00 X 249793 0 31036 PAUL WILLIAMS VP PROFESSIONAL DEVELOPMENT 40.00 X 211218 0 20023 NATHAN NICKENS VP PROGRAMS 40.00 X 159163 0 15148 GAIL HARMON PRESIDENT OF TALA 40.00 X 107420 0 21275 JACYLN VANN VP MARKETING 40.00 X 102617 0 17601 1908037 0 219349 8 0 1 0 SMITHBUCKLIN 8318 SOLUTIONS CENTER CHICAGO IL 60677 EXPO SALES & ADV. SERVICES 1299285 FREEMAN COMPANIES 3801 ADLER DRIVE SUITE 150 DALLAS TX 75211 AUDIO & VISUAL SERVICES 347148 CENTERPLATE 201 FIFTH AVENUE S NASHVILLE TN 37203 CATERING SERVICES 249624 CASSIDY & ASSOCIATES 733 TENTH STREET NW SUITE 400 WASHINGTON DC 20001 GOV'T RELATIONS CONSULTING 191126 HODES & LANDY 284 STATE STREET ALBANY NY 12210 ADVOCACY CONSULTING SERVICES 188764 11 303000 303000 MEMBERSHIP DUES 900099 5229068 5229068 CONFERENCE & MEETINGS 900099 4294882 2820707 1474175 PUBLICATIONS 541800 631546 30050 601496 CREDENTIALING FEES 900099 130459 130459 TRAINING FEES 900099 89598 89598 12500 12500 10388053 28931 28931 15658 15658 1665460 1669738 -4278 -4278 -4278 WEB ADVERTISING 900004 108431 108431 OTHER 900099 30637 30637 139068 10870432 8312382 709927 1545123 1878473 1009924 39742 64344 157854 4775 373585 757375 583527 308462 546416 117950 1368967 308877 12121 UBI TAXES 17124 STATE CHAPTER EXPENSES 2233928 PROGRAM EXPENSES 394490 BOARD EXPENSES 111208 85678 10374820 643306 1023590 1030055 895915 102173 107356 316246 727715 1462451 677490 801426 784961 1039841 981242 25535 25535 3958582 4546314 250807 422069 1727279 1637294 70535 210439 2048621 2269802 X 1909961 1602318 0 674194 1909961 2276512 3958582 4546314 495612 20604 -149665 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED ARGENTUM SILVER PAC 1650 KING STREET 602 ALEXANDRIA VA 22314 831703038 406225 ARGENTUM NEW YORK PAC C/O HODES LANDY 284 STATE STREET ALBANY NY 12210 141783808 0 0 0 0 5229068 373585 373585 993523 -619938 PART I-A, LINE 1: ARGENTUM RECEIVES FUNDS EARMARKED FOR ARGENTUM SILVER POLITICAL ACTION COMMITTEE EITHER WITHHELD FROM PAYROLL, SENT BY OTHER PERSONS OR ORGANIZATIONS, AND PROMPTLY DELIVERS THEM TO THE PAC ORGANIZATION. 555958 274971 280987 906493 402519 503974 784961 DEFERRED COMPENSATION 59821 DEFERRED LEASE OBLIGATION 150618 210439 X PART X, LINE 2: ARGENTUM PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2017, AND DETERMINED THAT THERE ARE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. X X X 0 0 0 JAMES BALDA PRESIDENT/CEO 388000 0 189262 0 0 0 28863 0 28611 0 634736 0 0 0 GINA MAMONE CHIEF FINANCIAL OFFICER 180040 0 10000 0 0 0 9502 0 15710 0 215252 0 0 0 MARIBETH BERSANI CHIEF OPERATING OFFICER 300524 0 10000 0 0 0 15526 0 16054 0 342104 0 0 0 RONALD B WILLIAMS VP BUSINESS DEVELOPMENT 219793 0 30000 0 0 0 12490 0 18546 0 280829 0 0 0 PAUL WILLIAMS VP PROFESSIONAL DEVELOPMENT 196218 0 15000 0 0 0 10561 0 9462 0 231241 0 0 0 NATHAN NICKENS VP PROGRAMS 154163 0 5000 0 0 0 7958 0 7190 0 174311 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FEDERAL FORM 990 IS PROVIDED BY THE ACCOUNTING FIRM AND IS REVIEWED BY THE PRESIDENT/CEO AND CHIEF FINANCIAL OFFICER PRIOR TO THE FILING OF THE 990 WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE POLICY OF ARGENTUM TO ASSURE THAT CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST INVOLVING DIRECTORS AND OFFICERS OF ARGENTUM ARE FULLY DISCLOSED IF THE OCCASION SHOULD ARISE. EACH DIRECTOR AND EACH OFFICER MUST PROMPTLY REPORT TO THE BOARD CHAIR AND THE PRESIDENT/CEO ANY SITUATION WHICH MIGHT CREATE A CONFLICT OF INTEREST. IN ADDITION, EACH DIRECTOR MUST EXECUTE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AT LEAST ANNUALLY. PROCEDURES: 1. THE MATERIAL FACTS OF ANY MATTER WHICH MAY RESULT IN A CONFLICT OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF A DIRECTOR OR OFFICER MUST BE DISCLOSED BY THE DIRECTOR OR OFFICER TO THE BOARD CHAIR AND THE PRESIDENT/CEO OF ARGENTUM, EITHER THROUGH THE ANNUAL DISCLOSURE STATEMENT OR WHEN THE INTEREST BECOMES A MATTER OF BOARD ACTION. 2. THE BOARD OF DIRECTORS SHALL CAREFULLY SCRUTINIZE AND IN GOOD FAITH APPROVE OR DISAPPROVE ANY TRANSACTION IN WHICH ARGENTUM IS A PARTY AND IN WHICH ONE OR MORE OF ARGENTUM'S DIRECTORS OR OFFICERS HAS A MATERIAL FINANCIAL INTEREST. ANY INDIVIDUAL HAVING A CONFLICT OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON ANY MATTER SHOULD NOT VOTE NOR USE PERSONAL INFLUENCE ON THE MATTER. THE MINUTES OF THE MEETING SHOULD REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE DIRECTOR ABSTAINED FROM VOTING. THE BOARD OF DIRECTORS MUST APPROVE THE TRANSACTION BY A MAJORITY VOTE, WITHOUT COUNTING THE VOTE OF ANY DIRECTOR WHO HAS AN INTEREST IN THE TRANSACTION. 3. THE FOREGOING REQUIREMENT SHOULD NOT BE CONSTRUED AS TO PREVENT AN INDIVIDUAL FROM BRIEFLY STATING HIS OR HER POSITION IN THE MATTER, NOR FROM ANSWERING PERTINENT QUESTIONS FROM BOARD MEMBERS, AS HIS OR HER KNOWLEDGE MAY BE OF GREAT IMPORTANCE. 4. ARGENTUM SHALL NOT ENGAGE IN ANY TRANSACTION WITH ANOTHER ENTITY WHICH HAS ONE OR MORE DIRECTORS OR OFFICERS IN COMMON WITH ARGENTUM, UNLESS AFTER THE COMMON DIRECTOR OR OFFICER DISCLOSES THE MATERIAL FACTS OF THE TRANSACTIONS AND THE DETAILS OF HIS OR HER AFFILIATION WITH THE OTHER ENTITY. ARGENTUM'S BOARD OF DIRECTORS APPROVES THE TRANSACTION IN GOOD FAITH BY A MAJORITY VOTE WITHOUT COUNTING THE VOTE OF THE COMMON DIRECTOR. 5. ARGENTUM SHALL MAKE NO LOANS OF MONEY OR PROPERTY TO A DIRECTOR OR OFFICER, NOR SHALL ARGENTUM GUARANTEE ANY OBLIGATION OF A DIRECTOR OR OFFICER, EXCEPT AS OTHERWISE EXPRESSLY PERMITTED BY THE VIRGINIA NONSTOCK CORPORATION ACT. 6. IF THERE IS A DIFFERENCE OF OPINION BETWEEN THE BOARD CHAIR, PRESIDENT/CEO AND A DIRECTOR OR OFFICER AS TO WHETHER THE FACTS OF A GIVEN CIRCUMSTANCE CONSTITUTE A POTENTIAL CONFLICT OF INTEREST WITHIN THE MEANING OF THIS POLICY STATEMENT, THE MATTER SHALL BE SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, WHO SHALL MAKE A FINAL DETERMINATION WHETHER A POTENTIAL CONFLICT OF INTEREST SITUATION EXISTS OR NOT. 7. ANNUALLY THE PRESIDENT/CEO AND BOARD CHAIR SHALL SEND TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND TO ALL OFFICERS OF ARGENTUM A COPY OF THIS POLICY AND A CONFLICT OF INTEREST DISCLOSURE STATEMENT TO BE COMPLETED AND RETURNED. 8. THE PRESIDENT/CEO AND BOARD CHAIR OF ARGENTUM, OR HIS OR HER DESIGNEE, SHALL REVIEW EACH COMPLETED DISCLOSURE STATEMENT; SHALL MAKE SUCH FURTHER INVESTIGATION OF POSSIBLE CONFLICTS OF INTEREST AS HE OR SHE MAY DEEM APPROPRIATE; AND SHALL DETERMINE WHETHER THE INFORMATION PRESENTED ON THE DISCLOSURE STATEMENT CONSTITUTES A CONFLICT OF INTEREST. THE PRESIDENT/CEO OR BOARD CHAIR, OR HIS OR HER DESIGNEE SHALL THEN MAKE AN APPROPRIATE REPORT TO THE BOARD OF DIRECTORS CONCERNING SUCH REVIEW AND INVESTIGATION. 9. ANY PARTY WHO HAS FILED A DISCLOSURE STATEMENT AND WHO DISAGREES WITH THE DETERMINATION OF THE PRESIDENT/CEO AND BOARD CHAIR, OR HIS OR HER DESIGNEE, THAT THE MATTERS CONTAINED THEREIN DO CONSTITUTE A CONFLICT OF INTEREST, AND WHO DESIRES FURTHER REVIEW OF THE MATTER MAY REQUEST THAT THE MATTER BE SUBMITTED BY THE BOARD CHAIR TO THE EXECUTIVE COMMITTEE FOR FURTHER REVIEW AND FINAL DETERMINATION. THE BOARD CHAIR SHALL SUBMIT THE MATTER TO THE EXECUTIVE COMMITTEE ACCORDINGLY. ARGENTUM EXPECTS ALL STAFF WORKING ON BEHALF OF ARGENTUM AND ITS MEMBERSHIP TO UPHOLD CERTAIN ETHICAL STANDARDS RELATED TO EMPLOYMENT WITH ARGENTUM AND TO AVOID SITUATIONS OR DEALINGS THAT REPRESENT OR APPEAR TO REPRESENT A CONFLICT OF INTEREST. STAFF MEMBERS MAY HAVE OUTSIDE BUSINESS INTERESTS AND OUTSIDE EMPLOYMENT SO LONG AS THESE DO NOT INTERFERE WITH JOB PERFORMANCE. STAFF MEMBERS MAY NOT BENEFIT FINANCIALLY FROM OUTSIDE EMPLOYMENT OR BUSINESS INTERESTS THAT DIRECTLY RESULT FROM AN AFFILIATION FROM ARGENTUM. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS ADOPTS AN ANNUAL PROGRAM PLAN AND BUDGET EACH YEAR, WHICH INCLUDES MEASURABLE GOALS FOR THE PRESIDENT/CEO. AT YEAR END, THE EXECUTIVE COMMITTEE MEETS TO REVIEW THE ATTAINED GOALS AND DETERMINE THE PRESIDENT/CEO'S COMPENSATION. ALONG WITH THE YEAR-END REVIEW, THE COMMITTEE ALSO DOES A COMPENSATION COMPARISON EVERY FEW YEARS USING SUCH RESOURCES AS THE ASAE COMPENSATION STUDY FOR OTHER PRESIDENT/CEO'S IN ASSOCIATIONS OF COMPARABLE SIZE AND LOCATION. NO BOARD MEMBER RECEIVES COMPENSATION, AND THE PRESIDENT/CEO DETERMINES ALL STAFF COMPENSATION USING THE COMPARATIVE STUDY COMPILED BY ASAE AND THE EMPLOYEE'S YEAR-END REVIEW. THE REVIEW OF PRESIDENT/CEO COMPENSATION IS COMPLETED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 ARGENTUM MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ARGENTUM SILVER PAC 1650 KING STREET SUITE 602 ALEXANDRIA VA 22314 831703038 POLITICAL ORGANIZATION VA 527 ARGENTUM 1 ARGENTUM NEW YORK PAC C/O HODES LANDY 284 STATE STREET ALBANY NY 12210 141783808 POLITICAL ORGANIZATION NY 527 ARGENTUM 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0