2017-08-25T11:22:22-05:00 2017-03-31 521855942 Tate and Tryon 2021 L Street NW Suite 400 Washington DC 20036 990 2016-04-01 530114600 NATIONAL ASSOCIATION OF BROADCASTERS NATI 2024295304 1771 N STREET NW WASHINGTON DC 200362800 Trish Johnson CPA Vice President and Controller 2024295304 2017-08-25 1 Deborah G Kosnett P00290720 2022932200 2017-08-22 68.200.229.36 2017-08-25 11:22:20 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E907A8F149D67D06177CCD6DEBFA17496A4235B9 2016 2021-01-29 14:40:06Z GORDON H SMITH 1771 N STREET NW WASHINGTON DC 200362800 106086558 0 X www.nab.org X 1927 DE NAB ADVANCES THE INTERESTS OF RADIO AND TELEVISION BROADCASTERS IN FEDERAL GOVERNMENT, INDUSTRY AND PUBLIC AFFAIRS; IMPROVES THE QUALITY OF BROADCASTING; ENCOURAGES TECHNOLOGICAL INNOVATION AND PUBLIC SERVICE. 63 63 197 63 6559 -750 0 0 63789617 65890575 6884917 4730784 221124 319449 70895658 70940808 1511500 1075000 0 0 29290654 24407523 0 0 0 43084875 35737534 73887029 61220057 -2991371 9720751 145018362 140335145 90487761 70355882 54530601 69979263 NAB ADVANCES THE INTEREST OF RADIO AND TELEVISION BROADCASTERS IN FEDERAL GOVERNMENT,INDUSTRY AND PUBLIC AFFAIRS; IMPROVES THE QUALITY OF BROADCASTING; ENCOURAGES TECHNOLOGICAL INNOVATION AND PUBLIC SERVICE. 0 0 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 2016 NAB SHOW HAD MORE THAN 103,000 REGISTERED ATTENDEES. THE EVENT'S EXHIBIT FLOOR FEATURED CUTTING-EDGE TECHNOLOGY AND SOLUTIONS FROM MORE THAN 1,700 COMPANIES. THE EDUCATION PROGRAM FEATURED MORE THAN 800 SESSIONS AND A SPEAKER LINEUP. LEGISLATIVE & 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. CREATED IN 2012, PILOT IS A MULTI-MILLION DOLLAR PROGRAM THAT PROVIDES A PLATFORM FOR INNOVATION, A VENUE FOR FORGING PARTNERSHIPS AND TESTING NEW TECHNOLOGY, AND EDUCATIONAL EVENTS TO CREATE AWARENESS ABOUT OVER-THE-AIR RADIO AND TELEVISION TECHNOLOGY INITIATIVES. NAB'S FASTROAD (FLEXIBLE ADVANCED SERVICES FOR TELEVISION AND RADIO ON ALL DEVICES) TECHNOLOGY ADVOCACY PROGRAM IS A COMPONENT OF PILOT. 0 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 136 0 1 197 1 1 1 0 0 0 1 1 0 X 63 63 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Trish Johnson CPA 2024295304 1771 N STREET NW WASHINGTON DC 200362800 David Lougee Joint Board Chair 2.00 0.00 X 0 0 0 Charles Warfield Jr Immediate Past Joint Board Chair 2.00 1.00 X 0 0 0 Jack Abernethy Board Member 2.00 0.00 X 0 0 0 Hartley Adkins Board Member 2.00 0.00 X 0 0 0 Emily Barr Board Member 2.00 0.00 X 0 0 0 Caroline Beasley Board Member 2.00 0.00 X 0 0 0 David Bevins Board Member 2.00 0.00 X 0 0 0 Mike Boen Board Member 2.00 0.00 X 0 0 0 Darrell K Brown Board Member 2.00 1.00 X 0 0 0 Trila Bumstead Board Member 2.00 0.00 X 0 0 0 Marci Burdick Board Member 2.00 0.00 X 0 0 0 Brandon Burgess Board Member 2.00 0.00 X 0 0 0 Bill Coleman Board Member 2.00 0.00 X 0 0 0 Christopher H Cornelius Board Member 2.00 0.00 X 0 0 0 Gary Exline Board Member 2.00 0.00 X 0 0 0 Andre Fernandez Board Member 2.00 0.00 X 0 0 0 Michael J Fiorile Board Member 2.00 0.00 X 0 0 0 Steve Fisher Board Member 2.00 0.00 X 0 0 0 Susan Fox Board Member 2.00 0.00 X 0 0 0 Larry Fuss Board Member 2.00 0.00 X 0 0 0 Bruce Goldsen Board Member 2.00 0.00 X 0 0 0 Randy D Gravley Board Member 2.00 0.00 X 0 0 0 Kim Guthrie Board Member 2.00 0.00 X 0 0 0 Steve Hammel Board Member 2.00 0.00 X 0 0 0 Rebecca Hanson Board Member 2.00 0.00 X 0 0 0 Erik Hellum Board Member 2.00 0.00 X 0 0 0 Bill Hendrich Board Member 2.00 0.00 X 0 0 0 Ed Henson Board Member 2.00 0.00 X 0 0 0 Scott Herman Board Member 2.00 0.00 X 0 0 0 Jessica Herrera-Flanigan Board Member 2.00 0.00 X 0 0 0 William Hoffman Board Member 2.00 0.00 X 0 0 0 Hilton Howell Jr Board Member 2.00 0.00 X 0 0 0 Robert W Hubbard Board Member 2.00 0.00 X 0 0 0 Paul Karpowicz Board Member 2.00 1.00 X 0 0 0 John C Kueneke Board Member 2.00 0.00 X 0 0 0 Pat LaPlatney Board Member 2.00 0.00 X 0 0 0 Brian Lawlor Board Member 2.00 0.00 X 0 0 0 Deon Levingston Board Member 2.00 0.00 X 0 0 0 Jessica Marventano Board Member 2.00 0.00 X 0 0 0 DuJuan McCoy Board Member 2.00 1.00 X 0 0 0 Elizabeth Neuhoff Board Member 2.00 1.00 X 0 0 0 Ralph M Oakley Board Member 2.00 0.00 X 0 0 0 John Orlando Board Member 2.00 0.00 X 0 0 0 Margaret C Perkins Board Member 2.00 0.00 X 0 0 0 Russell Perry Board Member 2.00 0.00 X 0 0 0 Robert Proffitt Board Member 2.00 0.00 X 0 0 0 Mary Quass Board Member 2.00 0.00 X 0 0 0 Tony Richards Board Member 2.00 0.00 X 0 0 0 Mitch Rose Board Member 2.00 0.00 X 0 0 0 Vince Sadusky Board Member 2.00 0.00 X 0 0 0 David Santrella Board Member 2.00 0.00 X 0 0 0 Perry Sook Board Member 2.00 0.00 X 0 0 0 Paul F Tinkle Board Member 2.00 0.00 X 0 0 0 Jose Valle Board Member 2.00 0.00 X 0 0 0 Tom Walker Board Member 2.00 0.00 X 0 0 0 Louis Wall Board Member 2.00 0.00 X 0 0 0 Patrick Walsh Board Member 2.00 0.00 X 0 0 0 Jeff Warshaw Board Member 2.00 0.00 X 0 0 0 Millard J Watkins III Board Member 2.00 0.00 X 0 0 0 Larry Wert Board Member 2.00 0.00 X 0 0 0 Jordan Wertlieb Board Member 2.00 0.00 X 0 0 0 Steve Wexler Board Member 2.00 0.00 X 0 0 0 John Wharff III Board Member 2.00 0.00 X 0 0 0 Gordon H Smith President & CEO 60.00 3.00 X 3446265 0 16820 Christopher Ornelas COO 57.00 3.00 X 807127 37106 37038 Joy Whitlow CFO 57.00 3.00 X 591919 25780 37005 Rick Kaplan EVP, Legal 60.00 0.00 X 1162419 0 36840 Curtis LeGeyt EVP, Government Relations 60.00 0.00 X 643060 0 36840 John David EVP, Radio 60.00 0.00 X 507784 0 26598 Marcellus Alexander Jr EVP, Television 50.00 10.00 X 509885 70000 28415 Robert S Matheny EVP, Technology 60.00 0.00 X 444143 0 36840 Christopher Brown EVP, Conventions & Business Ops 60.00 0.00 X 561560 0 36840 Mark D Wharton EVP, Communications 60.00 0.00 X 549211 0 36873 Cara Michelle Semones Lehman EVP, Marketing 60.00 0.00 X 403983 0 36840 Lynn Claudy SVP 60.00 0.00 X 406078 0 36496 Jerianne Timmerman SVP 60.00 0.00 X 303069 0 22617 Bruce Franca SVP 60.00 0.00 X 310865 0 16110 10647368 132886 442172 70 0 1 0 FREEMAN AUDIO VISUAL SOLUTIONS 3325 West Sunset Suite A Las Vegas NV 89118 EVENT OPERATIONS 2377260 WILEY REIN LLP 1776 K STREET NW WASHINGTON DC 20006 LEGAL/GR REP/CONSULT 1898956 CSG CREATIVE 313 S PATRICK STREET ALEXANDRIA VA 22314 MARKETING 1159479 OPENZNET INC 3355 VILLA ROBLENDA DRIVE MOUNTAIN VIEW CA 94040 CONSULTANTS 714629 MERCURY PUBLIC AFFAIRS LLC 437 MADISON AVE 9TH FLOOR NEW YORK NY 10022 CONSULTANTS 680150 71 NAB SHOW REVENUE 900099 46628186 46628186 MEMBERSHIP DUES 900099 14032594 14032594 NAB SHOW NY REVENUE 900099 2812051 2812051 RADIO SHOW REVENUE 900099 1211789 1211789 SEMINARS 900099 878559 878559 327396 327396 65890575 3349269 3349269 144784 144784 36483059 30000 35126741 4803 1356318 25197 1381515 1381515 43211 14206 29005 29005 MISCELLANEOUS REVENUE 900099 139101 139101 ADVERTISING REVENUE 453000 6559 6559 145660 70940808 66058681 6559 4875568 1075000 10540909 14854989 -3790322 1591205 1210742 167315 124049 6938480 52386 2984439 136904 391209 730442 858 996870 782111 19299166 218978 780859 76425 SPECIAL EVENTS 1244384 MEMBERSHIP DUES 366416 BOOKS & PERIODICALS 341330 professional developmen 119913 -15000 61220057 X 128028 128157 1029766 723856 4033025 2088574 2169241 26735444 22384987 4298057 4350457 115659035 112092457 184470 184470 12630432 7653482 9000000 9000000 145018362 140335145 6836575 2924274 43371586 44314818 12632923 7653482 15650000 8750000 11996677 6713308 90487761 70355882 X 54530601 69979263 54530601 69979263 145018362 140335145 9720751 5727911 0 X X 0 1 X 1 0 NAB POLITICAL ACTION COMMITTEE 1771 N STREET NW WASHINGTON DC 20036 521218303 43897 0 0 0 14032594 15730000 15730000 14032594 PART III-b: NAB CONDUCTS POLITICAL ACTIVITIES SOLELY THROUGH ITS CONNECTED FEDERAL PAC, THE NAB POLITICAL ACTION COMMITTEE. 0 1 471372 471372 14669509 12369335 2300174 7476058 5974574 1501484 4118505 4041078 77427 4350457 INVESTMENT - CARP 7653482 F 7653482 ACCRUED PENSION COST 6713308 6713308 76605342 5727911 5727911 70877431 52386 10991 63377 70940808 61156680 -10991 -10991 61167671 52386 52386 61220057 Part IV, Line 1b: NAB IS THE CUSTODIAN OF FUNDS TO BE DIRECTED TO PARTICIPATING STATIONS FROM THE U.S. COPYRIGHT OFFICE. Part XI, Line 4b - Other Adjustments: COST OF SALES -14,206. GAIN ON SALE OF ASSETS 25,197. Part XII, Line 2d - Other Adjustments: COST OF SALES 14,206. GAIN ON SALE OF ASSETS -25,197. East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, PROGRAM SERVICE LEADERSHIP CONFERENCE - NAB GIX 291310 0 0 0 0 0 0 291310 0 291310 0 0 0 0 0 0 1 National Association of Broadcasters Education Foundation 1771 N Street NW Washington DC 20036 521866840 501 c 3 750000 Education Broadcast Education Association 1771 N Street NW Washington DC 20036 526057288 501 c 3 45000 Education The American Consumer Institue Center for Citizen Research PO Box 2161 Reston VA 20195 208601897 501 c 3 25000 Operating Support Institute for Policy Innovation 1660 S Stemmons Suite 245 Lewisville TX 75067 752158093 501 c 3 25000 Operating Support Multicultural Media Telecom and Internet Council 300 Jericho Quadrangle Suite 110 Jericho NY 11753 521880677 501 c 3 25000 Operating Support Tech Freedom 110 Maryland Ave NE Suite 409 Washington DC 20002 273567814 501 c 3 25000 Operating Support Competitive Enterprise Insitute 1899 L Street NW 12th Floor Washington DC 20036 521351785 501 c 3 20000 Operating Support National Action Network Inc 106 West 145th Street New York NY 10039 113268182 501 c 4 20000 Operating Support International Association of Fire Chiefs 4025 Fair Ridge Drive Suite 300 Fairfax VA 22033 131846552 501 c 3 10000 Operating Support The National Black Religious Broadcasters Online PO Box 2206 Norwalk CT 06852 462244869 C Corp 10000 Operating Support Farmers Educational and Cooperative Union of America 20 F Street NW Suite 300 Washington DC 20001 840200555 501 c 5 10000 Operating Support Discovery Institute 208 Columbia Street Seattle WA 98104 911521697 501 c 3 10000 Operating Support Americans for Tax Reform 722 12th Street NW 4th Floor Washington DC 20005 521403587 501 c 4 10000 Operating Support Citizens Against Government Waste 1100 Connecticut Ave NW Suite 650 Washington DC 20036 521363952 501 c 3 10000 Operating Support Congressional Black Caucus Foundation 1720 Massachusetts Ave NW Washington DC 20036 521160561 501 c 3 10000 Scholarship Support National Bankers Association 1513 P Street NW Washington DC 20005 520884907 501 c 6 10000 Operating Support National Consumers League 1071 K Street NW Washington DC 20006 530242038 501 c 3 10000 Operating Support Native Public Media Inc PO Box 3955 Flagstaff AZ 86003 800672072 C Corp 10000 Operating Support Organization of Chinese Americans Inc 1322 18th Street NW Washington DC 20036 237250499 501 c 3 10000 Sponsorship Rural & Agriculture Council of America 653 Constitution Ave NE Washington DC 20002 471537679 S Corp 10000 Operating Support The Latino Coalition Inc 1455 Pennsylvania Ave NW Suite 400 Washington DC 20004 522266386 501 c 6 10000 Operating Support USPAAC Education Foundation 1329 18th Street NW Washington DC 20036 521641440 C Corp 10000 Operating Support 13 9 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 X 0 0 0 Gordon H Smith President & CEO 2924587 0 500000 0 21678 0 9000 0 7820 0 3463085 0 0 0 Christopher Ornelas COO 705012 37106 100000 0 2115 0 9000 0 28038 0 844165 37106 0 0 Joy Whitlow CFO 489829 25780 100000 0 2090 0 9000 0 28005 0 628924 25780 0 0 Rick Kaplan EVP, Legal 810529 0 350000 0 1890 0 9000 0 27840 0 1199259 0 0 0 Curtis LeGeyt EVP, Government Relations 542118 0 100000 0 942 0 9000 0 27840 0 679900 0 0 0 John David EVP, Radio 427138 0 60000 0 20646 0 9000 0 17598 0 534382 0 0 0 Marcellus Alexander Jr EVP, Television 424415 55000 60000 15000 25470 0 9000 0 19415 0 538300 70000 0 0 Robert S Matheny EVP, Technology 417118 0 25000 0 2025 0 9000 0 27840 0 480983 0 0 0 Christopher Brown EVP, Conventions & Business Ops 409617 0 147500 0 4443 0 9000 0 27840 0 598400 0 0 0 Mark D Wharton EVP, Communications 442117 0 100000 0 7094 0 9000 0 27873 0 586084 0 0 0 Cara Michelle Semones Lehman EVP, Marketing 378125 0 25000 0 858 0 9000 0 27840 0 440823 0 0 0 Lynn Claudy SVP 330473 0 70000 0 5605 0 9000 0 27496 0 442574 0 0 0 Jerianne Timmerman SVP 297056 0 2500 0 3513 0 9000 0 13617 0 325686 0 0 0 Bruce Franca SVP 292775 0 10000 0 8090 0 9000 0 7110 0 326975 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 At the first regular meeting of The Board of Directors following each Annual Convention, The Board appoints an Executive Committee, which is composed of: the Chairman of The Board; the Chairman and the First and Second Vice Chairmen of the Radio Board; the Chairman and the first and Second Vice Chairmen of the Television Board; a television network representative; a major group radio representative; and the President; additionally, there are nonvoting members as determined by The Board. No more than one person of each member station or group of stations may serve on the Executive Committee simultaneously. 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. A report on all actions taken by the Executive Committee is forwarded promptly to all members of The Board. Form 990, Part VI, Section A, line 6 NAB IS A MEMBERSHIP ORGANIZATION FOR THE BROADCASTING INDUSTRY. THERE ARE 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 CHIEF FINANCIAL OFFICER 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 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 CFO FOR IMPLEMENTATION. Form 990, Part VI, Section C, line 19 NAB DOES NOT MAKE ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC EXCEPT AT ITS DISCRETION ON A CASE BY CASE BASIS. FORM 990, PART X, LINE 7: NAB MADE A $4,000,000 LOAN TO A MEMBER ORGANIZATION, NEXTRADIO LLC (NEXTRADIO) DURING THE YEAR ENDED MARCH 31, 2017. THE LOAN MATURES IN DECEMBER 2021 AND CURRENTLY BEARS A SIMPLE INTEREST RATE OF 4%. THE INTEREST RATE MAY BE MODIFIED SLIGHTLY EACH DECEMBER, BASED ON AN ANALYSIS OF NAB'S TARGET RATE OF RETURN AS DETERMINED BY INVESTEMENT PERFORMANCE. THE MINIMUM ANNUAL INTEREST RATE IS 2% AND THE MAXIMUM IS 6%. BEGINNING IN AUGUST 2018, NEXTRADIO WILL MAKE QUARTERLY PAYMENTS TO THE ORGANIZATION, WHICH AT A MINIMUM WILL BE INTEREST CURRENTLY DUE, AND AT A MAXIMUM, 5% OF NET REVENUE. THE LOAN IS UNSECURED. COLLECTION IS FULLY EXPECTED, AND ACCORDINGLY, NO ALLOWANCE HAS BEEN PROVIDED. Form 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. NAB EDUCATION FOUNDATION 1771 N STREET NW WASHINGTON DC 20036 521866840 EDUCATION DC 501(C)(3) 509(A)(3) 1 NAB POLITICAL ACTION COMMITTEE 1771 N STREET NW WASHINGTON DC 20036 521218303 POLITICAL ACTION COMMITTEE DC 527 1 NAB TECHNOLOGIES INC 1771 N STREET NW WASHINGTON DC 20036 551553742 INACTIVE DC NAB C 5451 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 NAB EDUCATION FOUNDATION B 750000 CASH NAB EDUCATION FOUNDATION N 63480 COST ALLOCATION NAB POLITICAL ACTION COMMITTEE (BELOW THRESHOLD) N NAB EDUCATION FOUNDATION O 70000 CASH NAB POLITICAL ACTION COMMITTEE O 236878 COST BASIS NAB EDUCATION FOUNDATION Q 849545 COST BASIS NAB TECHNOLOGIES Q 2339 COST BASIS