2015-01-15T12:16:01-06:00 2014-09-30 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2013-10-01 521444968 AMERICAN ASSOCIATION OF PHARMACEUTICAL SCIENTISTS AMER 7032432800 2107 WILSON BOULEVARD NO 700 ARLINGTON VA 222013042 WALTER MARLOWE EXECUTIVE DIRECTOR 7032432800 2015-01-16 1 ELIZABETH W HELLER P00397829 2022932200 2013 2016-03-07 17:11:31Z AAPS WALTER MARLOWE 2107 WILSON BOULEVARD NO 700 ARLINGTON VA 222013042 13330589 0 X WWW.AAPS.ORG X 1986 DC TO PROVIDE A FORUM FOR OPEN EXCHANGE AND DISSEMINATION OF SCIENTIFIC KNOWLEDGE. 12 12 48 1268 413111 -1200 69000 111356 522979 10536800 -33975 807904 120170 1011076 678174 12467136 56952 304353 0 0 1097346 4571766 10119 136078 136078 921298 7174779 2085715 12186976 -1407541 280160 23151339 24615216 7854917 8089912 15296422 16525304 X TO PROVIDE AN INTERNATIONAL FORUM FOR THE EXCHANGE OF KNOWLEDGE AMONG SCIENTISTS TO ENHANCE THEIR CONTRIBUTIONS TO HEALTH AND TO OFFER TIMELY SCIENTIFIC PROGRAMS, ONGOING EDUCATION, OPPORTUNITIES FOR NETWORKING, AND PROFESSIONAL DEVELOPMENT. 1 0 5044769 1245326 MEMBERSHIP PROGRAMS:AAPS KEEPS MEMBERS UPDATED ON ASSOCIATION NEWS AND THE LATEST INFORMATION RELATED TO THE PHARMACEUTICAL SCIENCES. IN FY14, THE FOLLOWING PRODUCTS AND SERVICES WERE AVAILABLE TO MEMBERS: AAPS NEWSMAGAZINE (A MONTHLY FOUR COLOR PUBLICATION); THE OPPORTUNITY TO BECOME PART OF 9 PROFESSIONAL SECTIONS, 88 STUDENT CHAPTERS, AND 12 DISCUSSION GROUPS; JOB BOARDS PROVIDING EMPLOYMENT OPPORTUNITIES; CAREER DEVELOPMENT ARTICLES; A SALARY SURVEY OF PHARMACEUTICAL SCIENTISTS; GOVERNANCE; AWARDS; A MENTORING PROGRAM; AN ONLINE MEMBERSHIP DIRECTORY AND CONTINUAL NOTIFICATION OF UPCOMING EVENTS IN THE SCIENTIFIC COMMUNITY. 4306742 304353 7890919 EDUCATIONAL PROGRAMS:AAPS PROVIDES ITS MEMBERS WITH A BROAD AND EVOLVING ARRAY OF EDUCATIONAL PROGRAMS. FOR FY14, APPROXIMATELY 8,000 REGISTRANTS PAID TO ATTEND AAPS EDUCATIONAL MEETINGS AND WORKSHOPS. EVENTS INCLUDED OUR ANNUAL MEETING WITH 6 SHORT COURSES, OUR ANNUAL NBC CONFERENCE WITH 3 SHORT COURSES, 7 WORKSHOPS, 1 TRAINING COURSE, 2 FOCUS GROUP MEETINGS, AND AN ANNUAL ARDEN HOUSE CONFERENCE. AAPS ALSO OFFERS ELEARNING OPPORTUNITIES THROUGH ITS ONLINE EDUCATION PROGRAM. IN FY14, 1 EDUCATIONAL CD, 1 DVD, AND A FEE-BASED ON-DEMAND WEBCAST WERE AVAILABLE FOR PURCHASE. THERE WERE ALSO 38 FREE WEBINARS OFFERED EXCLUSIVELY TO AAPS MEMBERS WHICH HAD OVER 2,400 VIEWERS RESULTING IN A TOTAL OF APPROXIMATELY 4,000 PARTICIPANTS. IN ADDITION, THREE NEW ELEARNING COURSES WERE INTRODUCED IN 2014 - REGULATORY AFFAIRS 101, IMMUNOGENICITY 101, AND TRANSLATIONAL SCIENCES 101. 312811 136281 PUBLICATIONS:AAPS AND ITS PUBLISHER PRODUCE ONE MONTHLY PRINT AND ELECTRONIC RESEARCH JOURNAL AND TWO BIMONTHLY ELECTRONIC RESEARCH JOURNALS, PROVIDED TO ALL AAPS MEMBERS AND TO OVER 9,000 ORGANIZATIONS WORLDWIDE. IN FY14, THERE WERE OVER 1 MILLION DOWNLOADS OF JOURNAL CONTENT. IN FY14, AAPS AND ITS PUBLISHER ALSO PUBLISHED 8 SCIENTIFIC BOOKS AND SOLD 812 COPIES OF 23 BOOK TITLES. AAPS ALSO PROVIDES THE PHARMACEUTICAL SCIENCE COMMUNITY WITH A 4,100-PAGE WEBSITE WITH UPDATES ON BREAKING NEWS AND PROGRAMS, AS WELL AS A BLOG THAT RECEIVED 68,030 PAGE VIEWS IN FY14. 115969 AAPS FOUNDATION:ESTABLISHED IN 2013 AS A PROGRAM OF AAPS, THE FOUNDATION PROVIDES NEW MECHANISMS TO ENHANCE OUR SUPPORT OF PHARMACEUTICAL SCIENTISTS. CONTRIBUTIONS TO THE FOUNDATION PROVIDE VITAL FUNDING BEYOND REGULARLY FINANCED ACTIVITIES IN THE AREAS OF PHARMACEUTICAL RESEARCH, EDUCATION, AND TRAINING. IN 2014 SEVERAL FUNDING PRIORITIES HAVE BEEN ESTABLISHED INCLUDING TEACH THE TEACHER TOOLKIT, UNDERGRADUATE RESEARCH SCHOLARSHIPS, GRADUATE STUDENT FELLOWSHIPS, MULTI-YEAR NEW INVESTIGATOR GRANTS, AND LEADERSHIP SKILLS BOOT CAMP. 115969 9780291 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 68 0 1 48 1 1 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 0 0 X BARRY MCFARLANE 7032484776 2107 WILSON BLVD NO 700 ARLINGTON VA 22201 MARILYN MORRIS PHD PRESIDENT 5.00 X X 0 0 0 ALICE TILL PHD PRESIDENT-ELECT 5.00 X X 0 0 0 ANTHONY DESTEFANO PHD IMMEDIATE PAST-PRESIDENT 4.00 1.00 X X 0 0 0 DAVID MITCHELL PHD PAST-PRESIDENT 5.00 X X 0 0 0 PHILLIP RAMSEY TREASURER 5.00 X X 0 0 0 ANDREW VICK PHD MEMBER AT LARGE 5.00 X 0 0 0 BINDOH DESILVA PHD MEMBER AT LARGE 5.00 X 0 0 0 JAMES POLLI PHD MEMBER AT LARGE 5.00 X 0 0 0 RAMAN VENKATARAMANAN PHD MEMBER AT LARGE 5.00 X 0 0 0 RUSSELL WEINER PHD MEMBER AT LARGE 5.00 X 0 0 0 DANNETTE DOOLITTLE PHD MEMBER AT LARGE 5.00 X 0 0 0 CHRISTOPHER MCCURDY PHD MEMBER AT LARGE 5.00 X 0 0 0 JOHN LISACK EXECUTIVE DIRECTOR 41.90 0.10 X 327852 0 40606 ALAN SHUTT UNTIL 1113 DIRECTOR OF FINANCE & ADMINISTRATION 34.70 0.30 X 141075 0 20556 BARRY MCFARLANE FROM 214 DIRECTOR OF FINANCE & ADMINISTRATION 40.00 X 0 0 0 SHARON PICHON DIRECTOR OF MEETINGS AND EXHIBITS 43.00 X 191713 0 27734 PETER INCHAUTEGUIZ DIRECTOR OF MEMBERSHIP AND MARKETING 39.00 X 179774 0 24676 KAROL SHADLE ASSOCIATE DIR., EXE. DEPT. & SPECIAL PROJECTS 39.00 X 138684 0 20158 GRACE JONES ASSOCIATE DIR. OF MEETINGS & EXPOSITIONS 40.00 X 119538 0 20130 STACEY WIERZBA DIRECTOR OF PUBLIC RELATIONS, OUTREACH & ELEARNIN 38.90 0.10 X 140434 0 22499 SHERRY MARTIN-LONG DIRECTOR OF TECHNOLOGY DEPARTMENT 39.00 X 135407 0 21824 TODD REITZEL DIRECTOR OF PUBLICATIONS 39.00 X 110630 0 10866 1485107 0 209049 9 0 1 0 AMERICAN TECHNOLOGY SERVICES 2751 PROSPERITY AVE 6TH FL FAIRFAX VA 22031 TECHNOLOGY SERVICES 379999 THE RK GROUP LLC PO BOX 1361 SAN ANTONIO TX 78295 FOOD & BEVERAGE SERVICES 279416 FREEMAN AUDIO VISUAL SOLUTIONS PO BOX 415740 DALLAS TX 75625 AV SERVICES 203342 BLUESKY 5930 CORNERSTONE COURT WEST SUITE SAN DIEGO CA 92121 TECHNOLOGY SERVICES 153075 SPRINGER 233 SPRING STREET NEW YORK NY 10013 PUBLISHING JOURNALS 130000 8 111356 111356 REGISTRATIONS/EXHIBITS 900099 7890919 7890919 MEMBERSHIP DUES 900099 1245326 1245326 SPONSORSHIPS 900099 822181 822181 ADVERTISING/WEBSITE 541800 442093 413111 28982 PQRI REIMBURSEMENTS 900099 136281 136281 10536800 513260 513260 850904 850904 15793 0 15793 15793 15793 1158097 862505 948 295592 -948 294644 294644 MAILING LISTS 900099 131562 131562 MISCELLANEOUS 900099 12817 12817 144379 12467136 9272526 413111 2670143 48500 48500 199496 199496 56357 56357 958570 778742 179828 2649124 2152148 496976 257145 208905 48240 436359 354498 81861 270568 219809 50759 27738 22534 5204 40280 32723 7557 136078 136078 66514 54036 12478 888915 696626 192289 120656 98021 22635 128596 104471 24125 123628 100435 23193 1491 1211 280 803908 653095 150813 820398 666491 153907 2095142 1702093 393049 184931 108813 76118 35284 28665 6619 PRINTING AND PUBLICATIO 314543 255535 59008 POSTAGE AND SHIPPING 312576 253937 58639 BANK AND CC FEES 240625 195484 45141 TEMPORARY HELP 225999 183602 42397 743555 604064 139491 12186976 9780291 2270607 136078 1442427 804621 337079 380369 941487 1164248 1990242 1502899 567598 487343 19714087 21670943 148661 107692 23151339 24615216 376541 684549 6932059 6879965 546317 525398 7854917 8089912 X 15223392 16356498 29030 41930 44000 126876 15296422 16525304 23151339 24615216 280160 906753 41969 0 X X 0 1 X 1 0 X 2079608 2271610 2323670 370306 1356682 8401876 9387269 8311970 8338618 193952 8878363 35110172 11466877 10583580 10662288 564258 10235045 43512048 0 0 0 43512048 1152285 1151024 1425254 198850 1379957 5307370 1152285 1151024 1425254 198850 1379957 5307370 179281 135502 153286 63856 144379 676304 12798443 11870106 12240828 826964 11759381 49495722 0.87910 0.88620 0.10720 0.09930 X PART III, LINE 12: INCOME FROM ACTIVITIES NOT REGULARLY CARRIED ON. PART III: SHORT YEAR: THE COLUMNS AT PART III REPRESENT THE FOLLOWING TAX YEARS: (A)2009: 7/1/2010 TO 6/30/2011 (B)2010: 7/1/2011 TO 6/30/2012 (C)2011: 7/1/2012 TO 6/30/2013 (D)2012: 7/1/2013 TO 9/30/2013 (E)2013: 10/1/2013 TO 9/30/2014 THE ORGANIZATION CHANGED ITS TAX YEAR-END FROM JUNE TO SEPTEMBER DURING 2013. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11715464 11715464 735773 183943 0 0 758507 0 254286 735773 1748566 2622849 189627 0 63572 183943 437142 655713 44000 82876 5861 5861 126876 44000 2200 2200 44000 44000 2200 2200 44000 44000 2200 2200 44000 44000 2200 2200 44000 1.00000 0 0 484382 252489 231893 585049 457699 127350 920811 792711 128100 487343 DEFERRED RENT 525398 525398 X 14801202 906753 1486974 2393727 12407475 59661 59661 12467136 14171061 2085715 2085715 12085346 101630 101630 12186976 PART X, LINE 2: THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ASSOCIATION'S INCOME TAX RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY THE IRS FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET UNREALIZED GAINS - 3 MONTHS ENDED 9/30/13 808,800. TOTAL REVENUE PER FORM 990, 3 MONTHS ENDED 9/30/13 678,174. PART XI, LINE 4B - OTHER ADJUSTMENTS: PRIOR PERIOD ADJUSTMENTS 59,661. PART XII, LINE 2D - OTHER ADJUSTMENTS: TOTAL EXPENSES PER FORM 990, 3 MONTHS ENDED 9/30/13 2,085,715. PART XII, LINE 4B - OTHER ADJUSTMENTS: PRIOR PERIOD ADJUSTMENTS 101,630. PARTS XI AND XII THE AUDITED FINANCIAL STATEMENTS COVER THE 15 MONTH PERIOD ENDED SEPTEMBER 30, 2014. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTS TO RECIPIENTSGRANTS TO RECIPIENTS PROVIDE FUNDING TO SUPPORT ORGANIZATIONS AND/OR INDIVIDUALS WHO PROMOTE THE AAPS MISSION 16182 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS TO RECIPIENTS PROVIDE FUNDING TO SUPPORT ORGANIZATIONS AND/OR INDIVIDUALS WHO PROMOTE THE AAPS MISSION 14525 NORTH AMERICA - CANADA AND MEXICO, BUT BUT NOT THE UNITED STATES 0 0 GRANTS TO RECIPIENTS PROVIDE FUNDING TO SUPPORT ORGANIZATIONS AND/OR INDIVIDUALS WHO PROMOTE THE AAPS MISSION 16980 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTS TO RECIPIENTS PROVIDE FUNDING TO SUPPORT ORGANIZATIONS AND/OR INDIVIDUALS WHO PROMOTE THE AAPS MISSION 5500 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTS TO RECIPIENTS PROVIDE FUNDING TO SUPPORT ORGANIZATIONS AND/OR INDIVIDUALS WHO PROMOTE THE AAPS MISSION 3170 0 0 0 0 0 0 56357 0 56357 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, STUDENT INITIATED PROGRAMMING GRANT 16000 CHECK, WIRE TRANSFER EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM STUDENT INITIATED PROGRAMMING GRANT 10207 CHECK, WIRE TRANSFER NORTH AMERICA STUDENT INITIATED PROGRAMMING GRANT 5000 CHECK, WIRE TRANSFER SOUTH AMERICA STUDENT INITIATED PROGRAMMING GRANT 5500 CHECK, WIRE TRANSFER SOUTH ASIA STUDENT INITIATED PROGRAMMING GRANT 2000 CHECK, WIRE TRANSFER STIPENDS & AWARDS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 182 CHECK ANNUAL MEETING REGISTRATION FEES COST STIPENDS & AWARDS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 12 4318 CHECK, WIRE TRANSFER ANNUAL MEETING REGISTRATION FEES COST STIPENDS & AWARDS NORTH AMERICA 4 11980 CHECK, WIRE TRANSFER ANNUAL MEETING REGISTRATION FEES COST STIPEND & AWARDS SOUTH ASIA 1 1170 CHECK, WIRE TRANSFER ANNUAL MEETING REGISTRATION FEES COST 0 0 0 0 0 0 PART I, LINE 2: 1. STIPENDS FOR THE STUDENT CHAPTERS BASED ON THEIR RENEWAL DOCUMENTS: THE ORGANIZATION REQUIRES A BANK STATEMENT AND/OR EXCEL FILE OF PURCHASES. 2. STUDENT-INITIATED PROGRAMMING GRANTS: THE DISTRIBUTED MONIES ARE BASED ON THE BUDGETS PROVIDED BY THE GROUPS. THE ORGANIZATION DOES NOT FUND ANY FOOD FUNCTIONS (THIS IS CLEARLY LISTED ON THE SUBMISSION FORM). THE ORGANIZATION ALSO PROVIDES ONLY SEED MONIES. A SYPONSIS OF THE EVENT AS WELL AS PHOTOS FOR INCLUSION IN AAPS PUBLICATIONS ARE REQUESTED. X X 1 QUINN MARKETING & DEVELOPMENT INC 633 EAST CAPITOL ST SE WASHINGTON DC 20003 PROFEESSIONAL FUNDRAISING SERVICES 0 51085 136078 -84993 51085 136078 -84993 AL AK AZ CA CO CT DE DC FL GA HI ID IL IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY AR IN 1 AMERICAN FDN FOR PHARMACEUTICAL EDUCATION 6076 FRANCONIA ROAD ALEXANDRIA VA 22310 530214882 501(C)(3) 37500 FELLOWSHIP UNIVERSITY OF KENTUCKY - COLLEGE OF PHARMACY 789 S LIMESTONE STREET LEXINGTON KY 40536 541776600 115 6000 STUDENT INITIATED PROGRAMMING GRANT GRADUATE RESEARCH ASSOCIATION OF STUDENTS IN PHARMACY 3001 MERCER UNIVERSITY DRIVE ATLANTA GA 30341 631050885 501(C)(3) 5000 STUDENT INITIATED PROGRAMMING GRANT 3 0 AWARDS 3 30640 PART I, LINE 2: STIPENDS FOR THE STUDENT CHAPTERS BASED ON THEIR RENEWAL DOCUMENTS. WE REQUIRE A BANK STATEMENT AND/OR EXCEL FILE OF PURCHASES. STUDENT-INITIATED PROGRAMMING GRANTS: THE DISTRIBUTED MONIES ARE BASED ON THE BUDGETS PROVIDED BY THE GROUPS. WE DO NOT FUND ANY FOOD FUNCTIONS (THIS IS CLEARLY LISTED ON THE SUBMISSION FORM). WE ALSO PROVIDE ONLY SEED MONIES. WE ASK FOR A SYNOPSIS OF THE EVENT AND PHOTOS FOR INCLUSION IN THE AAPS PUBLICATIONS. X 1 1 X X 0 0 0 0 0 0 0 0 0 JOHN LISACK EXECUTIVE DIRECTOR 315261 0 10000 0 2591 0 35292 0 6484 0 369628 0 0 0 ALAN SHUTT UNTIL 1113 DIRECTOR OF FINANCE & ADMINISTRATION 140560 0 0 0 515 0 15242 0 6386 0 162703 0 0 0 SHARON PICHON DIRECTOR OF MEETINGS AND EXHIBITS 187267 0 3358 0 1088 0 20656 0 8248 0 220617 0 0 0 PETER INCHAUTEGUIZ DIRECTOR OF MEMBERSHIP AND MARKETING 176337 0 3210 0 227 0 19362 0 6484 0 205620 0 0 0 KAROL SHADLE ASSOCIATE DIR., EXE. DEPT. & SPECIAL 134712 0 3737 0 235 0 14844 0 6339 0 159867 0 0 0 STACEY WIERZBA DIRECTOR OF PUBLIC RELATIONS, OUTREA 137464 0 2857 0 113 0 15899 0 7700 0 164033 0 0 0 SHERRY MARTIN-LONG DIRECTOR OF TECHNOLOGY DEPARTMENT 132072 0 3183 0 152 0 14746 0 8123 0 158276 0 0 0 PART I, LINE 1B THE EXECUTIVE DIRECTOR IS ALLOWED TO TRAVEL FIRST CLASS DUE TO MEDICAL REASONS (POOR LEG CIRCULATION). AS THIS ADDITIONAL EXPENSE IS ORDINARY IN NATURE AS WELL AS NECESSARY DUE TO HIS MEDICAL CONDITION, IT IS NOT INCLUDED IN HIS TAXABLE COMPENSATION. FORM 990, PART III, LINE 2 AAPS ESTABLISHED THE FOUNDATION PROGRAM DURING 2013. A COMPLETE DESCRIPTION OF THIS NEW PROGRAM IS PROVIDED AT LINE 4D, BELOW. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE THREE CLASSES OF MEMBERSHIP. MEMBERS: AN INDIVIDUAL WHO SUPPORTS THE OBJECTIVES OF THE ASSOCIATION AND IS WILLING TO CONTRIBUTE TO THE ACHIEVEMENT OF THOSE OBJECTIVES. FELLOWS: A MEMBER DEEMED TO HAVE MADE A MERITORIOUS CONTRIBUTION TO THE ADVANCEMENT OF SCIENCE AND ELECTED BY THE EXECUTIVE COUNCIL. HONORARY MEMBERS: AN INDIVIDUAL GRANTED SUCH STATUS BY THE EXECUTIVE COUNCIL. THEY HAVE NO VOTING RIGHTS AND MAY NOT HOLD OFFICE. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT-ELECT, TREASURER AND THE AT-LARGE MEMBERS OF THE EXECUTIVE COUNCIL SHALL BE ELECTED BY THE ENTIRE VOTING MEMBERSHIP. A COMMITTEE ON NOMINATIONS IS SELECTED FROM AMONG MEMBERS TO NOMINATE AT LEAST TWO CANDIDATES FOR PRESIDENT-ELECT, TREASURER AND FOR EACH AT-LARGE MEMBER OF THE EXECUTIVE COUNCIL. FORM 990, PART VI, SECTION A, LINE 7B EACH PROPOSED AMENDMENT OF THE BY-LAWS, WITH THE ADVICE OF COUNSEL AND THE APPROVAL OF THE EXECUTIVE COUNCIL, SHALL BE SUBMITTED BY BALLOT TO ALL ASSOCIATION MEMBERS ENTITLED TO VOTE. A PROPOSED AMENDMENT OF THE BY-LAWS SHALL BECOME EFFECTIVE UPON RECEIVING TWO-THIRDS MAJORITY OF VOTES CAST. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS REVIEWED BY THE AAPS ACCOUNTING MANAGER, DIRECTOR OF FINANCE & ADMINISTRATION, AND EXECUTIVE DIRECTOR, WHO SIGNS THE RETURN. A FINAL COPY OF THE FORM 990 IS PROVIDED TO THE AAPS TREASURER AND REVIEWED WITH THE DIRECTOR OF F&A. THE TREASURER THEN INFORMS THE AAPS EXECUTIVE COUNCIL THAT HE HAS BEEN PROVIDED A COPY OF THE FORM 990. SUBSEQUENT TO ALL OF THESE ACTIONS, THE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST DECLARATION IS READ, SIGNED AND REVIEWED BY ALL MEMBERS OF THE GOVERNING BODY AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15A AAPS OFFICERS REVIEWED THE EXECUTIVE DIRECTOR'S FY2011 COMPENSATION IN JUNE 2010 AS PART OF THE ANNUAL PERFORMANCE EVALUATION PROCESS. TWO COMPENSATION REPORTS WERE PROVIDED AS PART OF THE REVIEW PROCESS. ONE FROM THE AMERICAN RESEARCH COMPANY AND THE OTHER FROM THE CEO UPDATE. INFORMATION CONCERNING CEO SALARIES FROM THE CONSULTING FIRM, ASSOCIATION STRATEGIES, WAS ALSO PROVIDED IN AN EMAIL COMMUNICATION TO THE AAPS EXECUTIVE DIRECTOR. THE RESULTS OF THE COMPENSATION REPORTS AND EMAIL COMMUNICATION WERE REVIEWED BY THE OFFICERS AS PART OF THEIR DETERMINATION PROCESS. AT THE CONCLUSION OF THE PROCESS, A SALARY DETERMINATION WAS MADE BY THE AAPS OFFICERS, DOCUMENTED IN COMPLIANCE WITH AAPS POLICIES AND PROVIDED TO THE AAPS FINANCE DEPARTMENT FOR INCLUSION IN THE NEXT PAY CYCLE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR. PRODUCT QUALITY RESEARCH INSTITUTE 2107 WILSON BLVD STE 700 ARLINGTON VA 222013042 541972348 CONDUCT RESEARCH FOR THE FDA'S CENTER FOR DRUG EVALUATION AND RESEARCH VA 501(C)(3) LINE 11C, III-FI AAPS 0 0 1 0 1 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 PRODUCT QUALITY RESEARCH INSTITUTE D 104650 COST PRODUCT QUALITY RESEARCH INSTITUTE Q 136281 COST