2016-11-09T08:15:54-06:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2015-01-01 362110592 AMERICAN ACADEMY OF ORTHOPAEDIC SURGEONS AMER 8478237186 9400 W HIGGINS ROAD NO 500 ROSEMONT IL 600184976 KAREN L HACKETT CHIEF EXECUTIVE OFFICER 8478237186 2016-11-08 1 GREGORY S ADAMS P00095597 6305738600 2015 2017-02-10 21:41:12Z KAREN L HACKETT 9400 W HIGGINS ROAD NO 500 ROSEMONT IL 600184976 102921746 0 X WWW.AAOS.ORG X 1948 IL SERVING OUR PROFESSIONALS TO PROVIDE THE HIGHEST QUALITY MUSCULOSKELETAL CARE. 15 12 314 3015 1266928 303655 22092819 15315640 24075951 23452969 1794838 7103492 2981711 3042776 50945319 48914877 2352142 772761 0 0 20504586 21615750 0 0 145836 23889448 21455164 46746176 43843675 4199143 5071202 108766166 107532100 20123740 20766499 88642426 86765601 X SERVING OUR PROFESSIONALS TO PROVIDE THE HIGHEST QUALITY MUSCULOSKELETAL CARE. 0 0 8793384 16681232 ANNUAL MEETING - PRESENTATION OF LECTURES AND SYMPOSIA ON ORTHOPAEDIC SURGERY AND RELATED TOPICS. 2015 ATTENDANCE: 29,052. 3659256 2803058 COURSE EDUCATION - COURSES PROVIDED TO ORTHOPAEDIC PROFESSIONALS TO KEEP THEM ABREAST OF THE LATEST ADVANCES IN ORTHOPAEDIC SURGERY AND CARE AND TO PROVIDE CME. 39 COURSES AND 15 WEBINARS OFFERED IN 2015. 2932618 2027385 SPECIALTY SOCIETY MANAGEMENT - PROVIDE MEETING MANAGEMENT SERVICES FOR ORTHOPAEDIC SPECIALTY SOCIETIES AND PROMOTE ORTHOPAEDIC UNITY AMONG 14 SPECIALTY SOCIETIES. 16521788 772761 462700 OTHER PROGRAM SERVICES - INCLUDING PUBLIC RELATIONS, BOARD OF COUNCILORS, ADVOCACY, EDUCATION PROGRAMS, INTERNATIONAL ACTIVITIES, AND RESEARCH AND SCIENTIFIC AFFAIRS. 16521788 772761 462700 31907046 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 1 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 170 0 314 1 1 1 0 0 0 0 0 0 0 0 0 X 15 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X MR RICHARD STEWART COOCFO 8478237186 9400 W HIGGINS ROAD ROSEMONT IL 600184976 FREDERICK M AZAR TREASURER AND PAST PRESIDENT 2.50 2.50 X X 37747 0 0 BRIAN G SMITH BOS CHAIR-ELECT 1.00 1.00 X 465 0 0 DAVID A HALSEY BOS CHAIR 1.00 1.00 X 3733 0 0 GERALD R WILLIAMS FIRST VICE-PRESIDENT 5.00 5.00 X X 78356 0 0 LAWRENCE S HALPERIN BOC CHAIR-ELECT 1.00 1.00 X 1732 0 0 DAVID D TEUSHCER PRESIDENT 7.50 7.50 X X 120939 0 0 DAVID J MANSFIELD BOC CHAIR 1.00 1.00 X 1808 0 0 HOWARD R EPPS MEMBER-AT-LARGE 1.00 1.00 X 352 0 0 KEN SOWARDS LAY MEMBER 1.00 1.00 X 236 0 0 LISA K CANNADA BOS SECRETARY 1.00 1.00 X 349 0 0 WILLIAM J MALONEY SECOND VICE-PRESIDENT 5.00 5.00 X X 37761 0 0 DANIEL C FARBER MEMBER-AT-LARGE 1.00 1.00 X 518 0 0 DANIEL K GUY BOC SECRETARY 1.00 1.00 X 865 0 0 RAJ D RAO MEMBER-AT-LARGE 1.00 1.00 X 0 0 0 JENNIFER M WEISS MEMBER-AT-LARGE 1.00 1.00 X 0 0 0 BILL BRUCE CHIEF TECHNOLOGY OFFICER 30.00 30.00 X 255030 0 55598 ELLEN MOORE CHIEF EDUCATION OFFICER 50.00 10.00 X 287838 0 62315 KAREN L HACKETT CHIEF EXECUTIVE OFFICER 40.00 40.00 X 583905 0 104857 RICHARD JSTEWART CFO/COO 30.00 30.00 X 396153 0 71853 RICHARD N PETERSON GENERAL COUNSEL 30.00 30.00 X 325793 0 88057 HOWARD MEVIS DIRECTOR OF ELEC MEDIA, EV 40.00 10.00 X 238647 0 63650 SUSAN MCSORLEY DIR. CONVENTIONS/MEETINGS 45.00 5.00 X 183535 0 65547 HANS KOELSCH DIRECTOR OF PUBLICATIONS 40.00 10.00 X 192483 0 63733 JENNIFER JONES DIR. OF SOCIETY RELATIONS 45.00 5.00 X 173935 0 56691 DEBORAH CUMMINS DIRECTOR OF RESEARCH 40.00 10.00 X 171143 0 39846 LAURA ABRAHAMS DIRECTOR OF HUMAN RESOURCES 45.00 5.00 X 168784 0 56308 TINA SLAGER DIRECTOR OF FINANCE 30.00 30.00 X 161664 0 32699 3423771 0 761154 46 0 1 0 BRIGHTFIND 1010 WAYNE AVE STE 720 SILVER SPRINGS MD 20910 SOFTWARE CONSULTANTS 425079 ALLIED PRA DESTINATION MANAGEMENT 290 KING STREET STE 11 SAN FRANCISCO CA 94107 TRANSPORTATION 334873 TEG STAFFING INC 650 WHITE DRIVE SUITE 160 LAS VEGAS NV 89119 TEMPORARY STAFFING 228413 FREEMAN PO BOX 650036 DALLAS TX 752650036 MEETING MANAGEMENT 224093 COMPUTERSYSTEMS 2651 WARRENVILLE ROAD SUITE 400 DOWNERS GROVE IL 60515 MEETING MANAGEMENT 210649 21 13000000 108693 2206947 15315640 ANNUAL MEETING 541900 17324257 16681232 643025 COURSE EDUCATION 541900 2803058 2803058 SPECIALTY SOCIETY MANAGEMENT 541900 2027385 2027385 RENTAL INCOME FROM ORTHOPAEDIC SO 541900 651437 651437 PUBLICATIONS 541900 318311 318311 328521 134179 194342 23452969 1616196 1616196 3320722 429561 2891161 51927879 46440583 5487296 5487296 5487296 7288340 7566286 -277946 -277946 48914877 27173515 1266928 5158794 705159 705159 67602 67602 3076773 908666 2168107 12824104 8165293 4653811 5000 1221619 799235 422384 3411531 2587666 823842 23 1081723 665896 415827 7800 7800 112383 7173 105210 73857 41843 32014 257261 257261 2805771 2141907 568763 95101 466093 464938 1155 310843 186454 97174 27215 690898 543167 147452 279 3278886 2543761 735125 2887338 2220405 664078 2855 5871805 5642118 220668 9019 1163812 937980 225832 212196 153327 58869 EQUIPMENT RENTAL 2766722 2763922 2800 PRINTING AND PUBLICATIO 337278 220069 114969 2240 UNRELATED BUSINESS INCO 118997 86166 32831 93224 54299 34821 4104 43843675 31907046 11790793 145836 10015470 9622848 6459280 5516013 5631228 3742864 619306 629807 3144773 3225019 14159339 7112735 11446350 7046604 56386474 61815297 14771653 15528920 0 0 291632 404728 108766166 107532100 9867740 10033988 10256000 10732511 20123740 20766499 X 87147562 85535599 1494864 1230002 88642426 86765601 108766166 107532100 X 5071202 -6933701 -14326 X X 0 1 X 1 0 X 11872900 12256942 12882333 22092819 15315640 74420634 29385336 29217622 24406879 29292905 27451461 139754203 41258236 41474564 37289212 51385724 42767101 214174837 9250000 9750000 9000000 17060000 13000000 58060000 0 9250000 9750000 9000000 17060000 13000000 58060000 156114837 4088558 3938029 4726104 5423481 5310409 23486581 4088558 3938029 4726104 5423481 5310409 23486581 351904 283018 325893 313456 303655 1577926 45698698 45695611 42341209 57122661 48381165 239239344 0.65250 0.68990 0.09820 0.09170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1000000 1000000 1000000 1000000 4000000 6000000 221694 279411 295042 369128 1165275 250000 250000 250000 250000 1000000 1500000 7127651 3800000 28758 86751 10869658 6591760 604139 68248 7127651 5861989 786541 56770 6591760 5369778 543717 51506 5861989 5254941 162871 48034 5369778 1.00000 0 0 400000 400000 4355449 3083612 1271837 9403890 4029123 5374767 7046604 INVESTMENT IN ORTHO PROPERTIES, LLC 15528920 C 15528920 X PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUND IS TO FINANCE ORTHOPAEDIC MEDICAL EDUCATION. UP TO 5% OF THIS FUND CAN BE USED ANNUALLY TO PROVIDE DISCRETIONARY PROJECT FUNDS FOR THE COUNCIL ON EDUCATION AND THE COUNCIL ON RESEARCH AND QUALITY. ADDITIONALLY, IT IS USED TO FUND QUALITY INITIATIVE PROJECTS. PART X, LINE 2: THE ACADEMY'S APPLICATION OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REGARDING UNCERTAIN TAX POSITIONS HAS NO EFFECT ON ITS FINANCIAL POSITION AS MANAGEMENT BELIEVES THE ACADEMY HAS NO MATERIAL UNRECOGNIZED INCOME TAX BENEFITS, INCLUDING ANY POTENTIAL RISK OF LOSS OF THEIR NONPROFIT TAX STATUS, THEREFORE, NO LIABILITY RELATING TO UNCERTAIN TAX POSITIONS HAS BEEN RECORDED AS OF DECEMBER 31, 2015. THE ACADEMY WOULD ACCOUNT FOR ANY POTENTIAL INTEREST OR PENALTIES RELATED TO POSSIBLE FUTURE LIABILITIES FOR UNRECOGNIZED INCOME TAX BENEFITS AS INCOME TAX EXPENSE. THE ACADEMY IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR PERIODS BEFORE 2012. 0 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 15000 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 5000 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 15000 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 27602 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 5000 0 0 0 0 0 0 67602 0 67602 SCHOLARSHIP EAST ASIA AND THE PACIFIC 3 15000 CASH SCHOLARSHIP MIDDLE EAST AND NORTH AFRICA 1 5000 CASH SCHOLARSHIP EUROPE (INCLUDING GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 5000 CASH SCHOLARSHIP SOUTH AMERICA 3 15000 CASH SCHOLARSHIP SUB-SAHARAN AFRICA 6 27602 CASH 0 0 0 0 0 0 PART I, LINE 2: FOR SCHOLARSHIPS, THE ACADEMY PAYS MOST EXPENSES DIRECTLY FOR EACH RECIPIENT AND DISBURSES THE REMAINDER TO COVER TRAVEL EXPENSES PAID BY THE RECIPIENT UP TO $5,000 1 ORTHOPAEDIC LEARNING CENTER 9400 W HIGGINS RD ROSEMONT IL 60018 363999836 501C3 329521 CONTRIBUTION FOR NEW BUILDING AND GENERAL SUPPORT UNITED STATES BONE AND JOINT INITIATIVE 9400 W HIGGINS RD ROSEMONT IL 60018 134223933 501C3 29909 GENERAL SUPPORT AMERICAN JOINT REPLACEMENT REGISTRY 9400 W HIGGINS RD ROSEMONT IL 60018 270645591 501C3 50000 GENERAL SUPPORT PARTNERS IN HEALTH 888 COMMONWEALTH AVE BOSTON MA 02215 043567502 501C3 30000 GENERAL SUPPORT ORTHOPAEDIC RESEARCH AND EDUCATION FOUNDATION 9400 W HIGGINS RD ROSEMONT IL 60018 366009467 501C3 35000 GENERAL SUPPORT HEALTH VOLUNTEERS OVERSEAS 1900 L STREET NW SUITE 310 WASHINGTON DC 20036 521485477 501C3 5000 GENERAL SUPPORT PENNSYLVANIA ORTHOPAEDIC SOCIETY 510 N 3RD ST 3RD FLOOR HARRISBURG PA 17101 232184602 501C6 6000 STATE SOCIETY ASSISTANCE AMERICAN ORTHOPAEDIC FOOT AND ANKLE SOCIETY 9400 W HIGGINS RD ROSEMONT IL 60018 237087029 501C3 50000 SPECIALTY SOCIETY ASSISTANCE AMER ORTHO SOC FOR SPORTS MED 9400 W HIGGINS RD ROSEMONT IL 60018 237182780 501C3 50000 SPECIALTY SOCIETY ASSISTANCE KNEE SOCIETY 9400 W HIGGINS RD ROSEMONT IL 60018 133190169 501C3 30000 GENERAL SUPPORT MUSCULOSKELETAL TUMOR SOCIETY 9400 W HIGGINS RD ROSEMONT IL 60018 954480540 501C3 25000 SPECIALTY SOCIETY ASSISTANCE PEDIATRIC ORTHO SOC OF NO AMER 9400 W HIGGINS RD ROSEMONT IL 60018 541323281 501C3 16570 SPECIALTY SOCIETY ASSISTANCE SCOLIOSIS RESEARCH SOCIETY 555 EAST WELLS STREET SUITE 1100 MILWAUKEE WI 53202 237181863 501C3 16570 SPECIALTY SOCIETY ASSISTANCE CRUDEN FOUNDATION 362 SEWALL STREET PO BOX 804 LUDLOW MA 01056 431660199 501C3 5000 GENERAL SUPPORT RUTH JACKSON ORTHOPAEDIC SOCIETY 9400 W HIGGINS RD ROSEMONT IL 60018 521398991 501C3 5000 GENERAL SUPPORT 14 1 PART I, LINE 2: THE ORGANIZATION MAKES CONTRIBUTIONS TO OTHER ENTITIES WITH SIMILAR ORTHOPAEDIC RELATED MISSIONS FOR THE GENERAL SUPPORT OF THESE ORGANIZATIONS. IF THE FUNDS ARE TO BE USED FOR GENERAL SUPPORT OF THEIR MISSION, WE DO NOT REQUIRE THESE ORGANIZATIONS TO SUBSTANTIATE THEIR EXPENDITURES RELATED TO THESE CONTRIBUTIONS. FOR SOME PROJECTS, HOWEVER, A FINAL REPORT IS REQUIRED TO SUBSTANTIATE THE EXPENDITURES. X X X 1 1 X X X 0 1 0 0 0 0 0 0 0 BILL BRUCE CHIEF TECHNOLOGY OFFICER 239139 0 10254 0 5637 0 36206 0 19392 0 310628 0 0 0 ELLEN MOORE CHIEF EDUCATION OFFICER 271571 0 8254 0 8013 0 53308 0 9007 0 350153 0 0 0 KAREN L HACKETT CHIEF EXECUTIVE OFFICER 478745 0 100000 0 5160 0 89192 0 15665 0 688762 0 0 0 RICHARD JSTEWART CFO/COO 345644 0 40507 0 10002 0 56188 0 15665 0 468006 0 0 0 RICHARD N PETERSON GENERAL COUNSEL 308817 0 8261 0 8715 0 72392 0 15665 0 413850 0 0 0 HOWARD MEVIS DIRECTOR OF ELEC MEDIA, EV 227700 0 3261 0 7686 0 47985 0 15665 0 302297 0 0 0 SUSAN MCSORLEY DIR. CONVENTIONS/MEETINGS 175239 0 3261 0 5035 0 46155 0 19392 0 249082 0 0 0 HANS KOELSCH DIRECTOR OF PUBLICATIONS 188007 0 2754 0 1722 0 48068 0 15665 0 256216 0 0 0 JENNIFER JONES DIR. OF SOCIETY RELATIONS 167335 0 2754 0 3846 0 41026 0 15665 0 230626 0 0 0 DEBORAH CUMMINS DIRECTOR OF RESEARCH 163569 0 2754 0 4820 0 24181 0 15665 0 210989 0 0 0 LAURA ABRAHAMS DIRECTOR OF HUMAN RESOURCES 165525 0 2754 0 505 0 36916 0 19392 0 225092 0 0 0 TINA SLAGER DIRECTOR OF FINANCE 154242 0 3007 0 4415 0 19965 0 12734 0 194363 0 0 0 PART I, LINE 1A AIRFARE ONE CLASS UP FROM COACH IS AVAILABLE TO THE PRESIDENTIAL LINE FOR ALL ACADEMY ACTIVITIES, AND 5 PEOPLE RECEIVED THIS BENEFIT IN 2015, WHICH IS NOT TREATED AS TAXABLE COMPENSATION. AIRFARE ONE CLASS UP FROM COACH IS AVAILABLE TO THE BOARD OF DIRECTORS FOR ALL BOARD-RELATED ACTIVITIES AND 17 PEOPLE RECEIVED THIS BENEFIT IN 2015, WHICH IS NOT TREATED AS TAXABLE COMPENSATION. TRAVEL FOR COMPANIONS IS AVAILABLE TO THE BOARD OF DIRECTORS AND EXECUTIVE TEAM MEMBERS (CEO, COO/CFO, CHIEF TECHNOLOGY OFFICER, CHIEF EDUCATION OFFICER, MEDICAL DIRECTOR, AND GENERAL COUNSEL) AND THE AMOUNT OF COMPANION TRAVEL WAS TREATED AS TAXABLE COMPENSATION TO ALL WHO RECEIVED THIS BENEFIT (4 PEOPLE IN 2015). THE BOARD OF DIRECTORS RECEIVES GROSS-UP PAYMENTS FOR THIS COMPENSATION AND THAT IS ALSO TREATED AS TAXABLE COMPENSATION (13 PEOPLE IN 2015). PART I, LINE 4B KAREN HACKETT, CHIEF EXECUTIVE OFFICER, ACCRUED A 457F SUPPLEMENTAL RETIREMENT PAYMENT OF $18,000, WHICH IS INCLUDED IN SCHEDULE J, PART II DEFERRED COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 AS A MEMBERSHIP ASSOCIATION, THE ORGANIZATION CURRENTLY HAS 38,599 MEMBERS. THERE ARE TWO CATEGORIES OF MEMBERSHIP IN THE ACADEMY: FELLOWS AND MEMBERS. ONLY FELLOWS SHALL HAVE THE RIGHT TO VOTE AND HOLD OFFICE. FORM 990, PART VI, SECTION A, LINE 7A ELECTIONS OF THE OFFICERS AND THE AT-LARGE MEMBERS OF THE ACADEMY BOARD OF DIRECTORS SHALL BE DETERMINED BY THE ADOPTION OF THE REPORT OF THE NOMINATING COMMITTEE OR BY THE VOICE, WRITTEN, OR ELECTRONIC BALLOT OF THOSE FELLOWS PRESENT AT THE BUSINESS MEETING OF THE ANNUAL MEETING. EACH FELLOW WHO IS PRESENT AT THE BUSINESS MEETING OF THE ANNUAL MEETING SHALL BE ENTITLED TO ONE (1) VOTE FOR EACH OFFICER OF THE ACADEMY, MEMBER OF THE BOARD OF DIRECTORS, MEMBER OF THE MEMBERSHIP COMMITTEE, AND NOMINEES TO THE AMERICAN BOARD OF ORTHOPAEDIC SURGERY TO BE ELECTED. THOSE INDIVIDUALS RECEIVING THE GREATEST NUMBER OF VOTES SHALL BE CONSIDERED ELECTED, EVEN IF THEY DO NOT RECEIVE A MAJORITY OF THE VOTES CAST. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. A CONFERENCE CALL IS SCHEDULED FOR THE CPA FIRM AND ORGANIZATION MANAGEMENT TO DISCUSS THE FORM 990 WITH THE FINANCE COMMITTEE AND TO ANSWER ANY QUESTIONS PRIOR TO FILING FORM 990 WITH THE IRS. THE FINANCE COMMITTEE HAS BEEN DELEGATED THE AUTHORITY TO REVIEW AND APPROVE THE FORM 990 BY THE VOTING MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, KEY VOLUNTEERS, AND KEY STAFF ARE NOTIFIED IN WRITING TWICE A YEAR TO UPDATE THEIR WRITTEN DISCLOSURES. THE DISCLOSURE DATABASE IS MAINTAINED ELECTRONICALLY AND ANYONE WHO HAS NOT UPDATED THEIR RECORD IS NOTIFIED UNTIL THEY HAVE DONE SO. ADDITIONALLY, BEFORE EVERY BOARD AND COMMITTEE MEETING PARTICIPANTS ARE ASKED IF THEY HAVE ANYTHING NEW TO DISCLOSE. THE CHAIR OF THE GOVERNANCE GROUP SHALL ALSO HAVE THE PREROGATIVE OF REQUESTING A PARTICIPANT TO PROVIDE FURTHER INFORMATION OR AN EXPLANATION IF THE CHAIR IDENTIFIES A POTENTIAL CONFLICT OF INTEREST REGARDING THAT PARTICIPANT. THE CHAIR SHALL BE GUIDED BY THE MOST CURRENT VERSION OF THE PROTOCOL FOR THE PRESIDENT TO USE IN HANDLING POTENTIAL CONFLICT OF INTEREST ISSUES BEFORE THE ACADEMY BOARD OF DIRECTORS. BASED ON THE INFORMATION PROVIDED IN THE ACADEMY ORTHOPAEDIC DISCLOSURE PROGRAM AND/OR UPON A FURTHER REVIEW, THE CHAIR OF THE ACADEMY GOVERNANCE GROUP MAY DETERMINE THAT THE PARTICIPANT SHALL: 1) DISCLOSE THE POTENTIAL CONFLICT AND CONTINUE TO PARTICIPATE FULLY IN THE ACADEMY GOVERNANCE GROUP'S DISCUSSIONS AND VOTE; ["DISCLOSURE OPTION"] 2) DISCLOSE THE POTENTIAL CONFLICT, ADDRESS ANY QUESTIONS OTHER MEMBERS OF THE GROUP HAVE ON THE SUBJECT, THEN LEAVE THE ROOM AND NOT PARTICIPATE IN FURTHER DISCUSSION AND VOTE ["RECUSAL FROM VOTE OPTION"] OR 3) DEPART FROM THE ROOM UNTIL THE MATTER HAS BEEN FULLY DISCUSSED AND ACTED UPON. ["RECUSAL FROM DISCUSSION AND VOTE OPTION"]. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE IS DESIGNATED BY THE VOTING MEMBERS OF THE GOVERNING BODY AND IS CHARGED WITH DEVELOPING AND NEGOTIATING THE TERMS OF EMPLOYMENT AND ESTABLISHING THE TOTAL COMPENSATION PACKAGE FOR DESIGNATED POSITIONS WHICH INCLUDE OFFICERS AND KEY EMPLOYEES. AN EVALUATION PROCESS IS COMPLETED ANNUALLY AND A RECOMMENDATION IS MADE REGARDING COMPENSATION THAT IS SENT TO THE BOARD FOR APPROVAL. THIS PROCESS INCLUDES THE CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER/CHIEF FINANCIAL OFFICER, CHIEF TECHNOLOGY OFFICER, CHIEF EDUCATION OFFICER, MEDICAL DIRECTOR, AND GENERAL COUNSEL. FOR ALL OTHER KEY EMPLOYEES AND STAFF POSITIONS, A MARKET STUDY REVIEW IS PERFORMED EVERY THREE TO FOUR YEARS COMPARING JOB DESCRIPTIONS WITH OTHER ENTITIES TO DETERMINE REASONABLE SALARY RANGES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE WHICH IS OPEN TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE APPLICABLE GOVERNMENTAL AGENCIES. FORM 990, PART XI, LINE 9: LOSS ON ORTHO PROPERTIES LLC -14,326. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION A, LINE 1A THE PRESIDENT, FIRST VICE-PRESIDENT, SECOND VICE-PRESIDENT, TREASURER, CHAIR OF THE BOARD OF COUNCILORS, AND CHAIR OF THE BOARD OF SPECIALTY SOCIETIES SHALL CONSTITUTE THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HANDLE MATTERS REQUIRING ACTION BETWEEN BOARD MEETINGS. THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD, BUT SUCH ACTIONS ARE SUBJECT TO RATIFICATION BY THE FULL BOARD OF DIRECTORS. AMERICAN ASSOCIATION OF ORTHOPAEDIC SURGEONS 9400 W HIGGINS ROAD ROSEMONT IL 60018 364241052 ADVOCACY ACTIVITIES ON BEHALF OF PATIENTS AND PROFESSIONALS IL 501(C)(6) N/A 0 CENTER FOR ORTHOPAEDIC ADVANCEMENT NFP 9400 W HIGGINS ROAD ROSEMONT IL 60018 263164922 SUPPORT EDUCATIONAL ACTIVITIES OF AAOS IL 501(C)(3) LINE 11A, I N/A 0 ORTHO PROPERTIES LLC 9400 W HIGGINS ROAD ROSEMONT IL 60018 320402949 RENTAL IL AMERICAN ACADEMY OF ORTHOPAEDIC SURGEONS RELATED -14326 15528920 0 1 0.68650 0 1 1 1 0 0 0 0 0 1 0 1 0 1 1 0 1 1 0 AMERICAN ASSOCIATION OF ORTHOPAEDIC SURGEONS C 13000000 COST AMERICAN ASSOCIATION OF ORTHOPAEDIC SURGEONS Q 2846143 COST ORTHO PROPERTIES LLC B 742905 COST ORTHO PROPERTIES LLC D 432876 COST ORTHO PROPERTIES LLC J 2975279 COST ORTHO PROPERTIES LLC R 736092 COST