2016-11-11T13:37:45-06:00 2015-12-31 050568611 SALMON SIMS THOMAS & ASSOCIATES PLLC 12720 HILLCREST ROAD SUITE 500 DALLAS TX 752302039 990 2015-01-01 237089524 AMERICAN RESPIRATORY CARE FOUNDATION AMER 9722432272 9425 N MACARTHUR BLVD No 100 IRVING TX 750634706 THOMAS KALLSTROM ceo 9722432272 2016-08-11 1 William H Sims P00004539 9723921143 2016-11-08 2015 2017-02-10 21:41:12Z THOMAS KALLSTROM 9425 N MACARTHUR BLVD No 100 IRVING TX 750634706 1206570 0 X WWW.AARC.ORG X 1970 TX DEDICATED TO FURTHERING THE ART, SCIENCE, QUALITY AND TECHNOLOGY OF RESPIRATORY CARE. 14 10 1 20 0 0 318503 219459 0 0 74380 82656 -19495 9497 373388 311612 93160 83342 0 0 10765 10701 0 0 12536 161289 95946 265214 189989 108174 121623 2533692 2459836 138297 11661 2395395 2448175 X AMERICAN RESPIRATORY CARE FOUNDATION IS DEDICATED TO FURTHERING THE ART, SCIENCE, QUALITY AND TECHNOLOGY OF RESPIRATORY CARE; TO SUPPORT RESEARCH, EDUCATION AND CHARITABLE ACTIVITIES; TO FUND CLINICAL AND ECONOMIC RESEARCH, EDUCATION RECOGNITION AWARDS, EDUCATIONAL ACTIVITIES, LITERARY AWARDS AND SCHOLARLY PUBLICATIONS. 0 0 111536 83342 FURTHERING THE ART, SCIENCE, QUALITY AND TECHNOLOGY OFRESPIRATORY CARE. 111536 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 9 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 X 14 10 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X TONY LOVIO 9722432272 9425 N MACARTHUR SUITE 100 IRVING TX 750634706 MICHAEL T AMATO CHAIRMAN 1.00 X X 0 0 0 PATRICK DUNNE TRUSTEE 1.00 X 0 0 0 JAMES K STOLLER TRUSTEE 1.00 X 0 0 0 STEVEN B NELSON TRUSTEE 1.00 40.00 X 0 146112 26793 BRUCE RUBIN TRUSTEE 1.00 X 0 0 0 GARY SMITH SECRETARY/TREASURER/DIRECT 1.00 X X 0 0 0 NEIL MACINTYRE VICE CHARIMAN/director 1.00 X X 0 0 0 REBECCA MABRY TRUSTEE 1.00 X 0 0 0 TIMOTHY MYERS TRUSTEE 1.00 40.00 X 0 164382 33050 SAM P GIORDANO TRUSTEE/FORMER EVP 1.00 40.00 X 0 132000 0 ANTHONY DEWITT TRUSTEE 1.00 X 0 2000 0 MARK VALENTINE TRUSTEE 1.00 X 0 0 0 CHRISTIANNA VANCE TRUSTEE 1.00 X 0 0 0 TONYA WINDERS TRUSTEE 1.00 X 0 0 0 THOMAS KALLSTROM EXECUTIVE VICE PRESIDENT 2.00 40.00 X 10000 260388 39094 10000 704882 98937 0 0 1 0 0 30000 43000 146459 219459 69468 69468 869894 856706 13188 13188 13188 47749 30000 38252 9497 9497 311612 0 0 92153 83342 83342 10000 10000 701 701 13234 13234 5002 5002 23579 23579 13401 13401 26089 26089 OTHER FUNDRAISING EXPEN 12536 12536 PROJECTS AND PROGRAMS 2105 2105 189989 111536 65917 12536 286583 224336 127713 277684 52000 0 3500 1833 2063896 1927516 0 28467 2533692 2459836 64633 11661 73664 0 138297 11661 X 396912 482378 876980 852915 1121503 1112882 2395395 2448175 2533692 2459836 121623 -68843 0 X 0 1 X 1 0 X X 1 AMERICAN ASSOCIATION OF RESPIRATORY CARE 952501102 9 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART VI, SECTION A, LINE 3B: BOTH ORGANIZATIONS HAVE THE SAMe FIRM PREPARE FORM 990. THE FIRM PREPARES A PRO FORMA SCHEDULE A TO KEEP ON FILE FOR THE 501(C)(6). THE FIRM ALSO KEEPS A COPY OF THE DETERMINATION LETTER ON FILE FOR EACH ORGANIZATION. PART VI, SECTION A, LINE 3C: BOTH ORGANIZATIONS have individuals that are in a place of management for the other organization. THEY ENSURE THAT THE MONIES ARE SPENT FOR CHARITABLE PURPOSES. PART VI, SECTION B, LINE 1 BOTH ORGANIZATIONS HAVE INDIVIDUALS THAT ARE IN A PLACE OF MANAGEMENT FOR THE OTHER ORGANIZATION. THEY ENSURE THAT THE MONIES ARE SPENT FOR CHARITABLE PURPOSES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1890052 126775 71677 20794 101913 1965797 1783671 141611 64299 63276 36253 1890052 1666959 189005 92421 64114 100600 1783671 1379854 317263 166862 62327 134693 1666959 1396464 223688 -22935 88349 129014 1379854 0.56610 0.43390 0 0 0 X 281021 -68843 38252 -30591 311612 0 311612 228241 38252 38252 189989 0 189989 Part V, Line 4: PART V, LN 4: ENDOWMENT FUNDS - TEMPORARILY RESTRICTED NET ASSETS CONSIST OF THE FOLLOWING: RESEARCH $ 242,109 EDUCATION RECOGNITION 60,882 AWARDS 74,780 INTERNATIONAL FUND/FELLOWSHIPS 329,859 OTHER 145,285 TOTAL TEMPORARILY RESTRICTED NET ASSETS $852,915 PERMANENTLY RESTRICTED NET ASSETS, WHICH CONSIST OF ENDOWMENT FUND INVESTMENTS TO BE HELD INDEFINITELY, THE INCOME FROM WHICH IS EXPENDABLE ACCORDING TO THE FOUNDATION BOARD'S DISCRETION OR THE DONOR-IMPOSED STIPULATIONS, WERE AS FOLLOWS: RESEARCH $ 334,250 EDUCATION RECOGNITION 292,632 AWARDS 410,000 FELLOWSHIPS 76,000 TOTAL RESTRICTED NET ASSETS $1,112,882 PART V, ENDOWMENT FUNDS FOOTNOTE - DURING THE PREPARATION OF THE DECEMBER 31, 2015 FINANCIAL STATEMENTS, IT WAS DETERMINED THAT SEVERAL UNRESTRICTED CONTRIBUTIONS WERE INCORRECTLY RECORDED AS TEMPORARILY RESTRICTED INSTEAD OF UNRESTRICTED BOARD DESIGNATED IN PREVIOUS YEARS. ADJUSTED ENDOWMENT FUNDS TO REFLECT FINANCIAL RESTATEMENTS. Part X, Line 2: ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES- MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE STATEMENT OF ACTIVITIES OR ACCRUED IN THE STATEMENT OF FINANCIAL POSITION. FEDERAL TAX RETURNS OF THE ENTITY ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITY FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. Part XI, Line 2d - Other Adjustments: special event expenses grouped on audit with expenses ($38,252) Part XII, Line 2d - Other Adjustments: special event expenses grouped on audit with expenses ($38,252) RECEPTION 77749 30000 47749 36731 1521 77749 30000 47749 36731 1521 38252 9497 1 SCHOLARSHIPS/AWARDS 19 62041 0 CASH N/A INTERNATIONAL FELLOWSHIPS 4 21301 0 CASH N/A Part I, Line 2: THE GRANTS ARE MONITORED EITHER THROUGH AN EXTENSIVE APPLICATION REVIEW OR AN ACCOUNTING OF ALL GRANT MONIES SPENT BEFORE DISBURSEMENT. X 0 0 0 0 0 0 0 0 0 STEVEN B NELSON TRUSTEE 0 146112 0 0 0 0 0 11299 0 15494 0 172905 0 0 TIMOTHY MYERS TRUSTEE 0 164382 0 0 0 0 0 12462 0 20588 0 197432 0 0 THOMAS KALLSTROM EXECUTIVE VICE PRESIDENT 10000 236584 0 23804 0 0 0 18678 0 20416 10000 299482 0 0 Form 990, Part VI, Section A, line 2 neil macintyre and MICHAEL T. AMATO have a business relAtionship. Form 990, Part VI, Section A, line 4 THE CHANGES MADE TO THE BYLAWS AFFECTED THE ELECTION AND TERMS OF THE TRUSTEES, WITH NO IMPACT ON THE EXEMPT PURPOSE OF ARCF. Form 990, Part VI, Section B, line 11 THE FINAL FORM 990 WILL BE PROVIDED TO THE ARCF BOARD AND TRUSTEES PRIOR TO IT BEING FILED WITH THE INTERNAL REVENUE SERVICE. ANY QUESTIONS OR CONCERNS WILL BE ADDRESSED AND CORRECTED IF NECESSARY. Form 990, Part VI, Section B, line 12c ANNUAL CONFLICTS OF INTEREST ARE DISCUSSED BY THE BOARD OF DIRECTORS, OFFICERS, AND KEY EMPLOYEES. ANY POSSIBLE CONFLICTS OF INTEREST ARE ADDRESSED AS THEY ARISE THROUGHOUT THE YEAR. Form 990, Part VI, Section B, line 15 THE AMOUNT OF COMPENSATION FOR THE EXECUTIVE VICE PRESIDENT HAS BEEN $10,000 FOR MANY YEARS. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AS REQUIRED BY LAW. AMERICAN ASSOCIATION OF RESPIRATORY CARE 9425 NORTH MACARTHUR BLVD IRVING TX 75063 952501102 RESEARCH IL 501(C)(6) N/A N/A 0 DAEDALUS ENTERPRISES INC 9425 N MACARTHUR BLVD SUITE 100 IRVING TX 750634706 751800302 PUBLISHING TX N/A C 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 AMERICAN ASSOCIATION OF RESPIRATORY CARE P 50800 CASH