2014-08-12T08:34:44-05:00 2013-12-31 420714325 MCGLADREY LLP 80 CITY SQUARE BOSTON MA 021293742 990 2013-01-01 371428113 CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC CHAR 4132537373 100 UNIVERSITY DRIVE AMHERST MA 01002 WILLIAM J KELLY CEO 4132537373 2014-08-11 1 LYNNE JOHNSON P00757336 6179129000 2013 2015-11-30 17:44:51Z WILLIAM J KELLY 100 UNIVERSITY DRIVE AMHERST MA 01002 8442520 0 X WWW.CAIA.ORG X 2002 MA ESTABLISH THE CHARTERED ALTERNATIVE INVESTMENT ANALYST DESIGNATION AS AN EDUCATIONAL STANDARD IN THE INVESTMENT INDUSTRY, PROVIDE MEMBERS WITH COMPREHENSIVE KNOWLEDGE OF ALTERNATIVE INVESTMENTS, ADVOCATE HIGH STANDARDS OF PROFESSIONAL CONDUCT, PROMOTE PROFESSIONAL DEVELOPMENT THROUGH ONGOING EDUCATION, FACILITATE COMMUNICATION AMONG INDUSTRY PROFESSIONALS. 7 7 39 100 0 0 0 0 8824384 8408268 6898 -126666 33066 29077 8864348 8310679 0 0 0 0 3860328 3260616 0 0 0 5434494 5457067 9294822 8717683 -430474 -407004 6020777 5626118 4320604 4361307 1700173 1264811 X ESTABLISH THE CHARTERED ALTERNATIVE INVESTMENT ANALYST DESIGNATION AS AN EDUCATIONAL STANDARD IN THE INVESTMENT INDUSTRY, PROVIDE MEMBERS WITH COMPREHENSIVE KNOWLEDGE OF ALTERNATIVE INVESTMENTS, ADVOCATE HIGH STANDARDS OF PROFESSIONAL CONDUCT, PROMOTE PROFESSIONAL DEVELOPMENT THROUGH ONGOING EDUCATION, FACILITATE COMMUNICATION AMONG INDUSTRY PROFESSIONALS. 0 0 ADMINISTRATION OF CAIA EXAM, AWARDING THE CAIA DESIGNATION, ADVOCATING FOR HIGH PROFESSIONAL STANDARDS, AND CONTRIBUTING TO THE BODY OF KNOWLEDGE RELATED TO ALTERNATIVE INVESTING. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 18 0 1 39 1 0 1 UK SN HK 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 1 1 0 X CYNTHIA COTE 4135493330 100 UNIVERSITY DRIVE AMHERST MA 01002 THOMAS SCHNEEWEIS DIRECTOR 1.00 1.00 X 10000 0 0 ALEXANDER INEICHEN DIRECTOR 1.00 0.00 X 10000 0 0 PETER DOUGLAS DIRECTOR 1.00 0.50 X 10000 0 0 JANE BUCHAN DIRECTOR 1.00 0.00 X 0 0 0 ANDREW BAKER DIRECTOR 1.00 0.00 X 0 0 0 ROBERT DE RITO DIRECTOR 1.00 0.00 X 0 0 0 MARK JP ANSON DIRECTOR 1.00 0.00 X 0 0 0 FLORENCE LOMBARD PRESIDENT & CEO 40.00 1.00 X 359458 0 15916 THOMAS PORTER COO & TREASURER (UNTIL OCT. 2013) 40.00 1.00 X 212753 0 23566 RUTH CAROLAN DIRECTOR OF HR & LEGAL 40.00 0.50 X 91418 0 23550 HOSSEIN KAZEMI DIRECTOR OF CURRICULUM 27.00 0.50 X 184669 0 8300 KEITH BLACK DIRECTOR OF CURRICULUM 40.00 0.50 X 187148 0 24624 NELSON LACEY DIRECTOR OF EXAMS 27.00 0.00 X 144991 0 5817 DONALD CHAMBERS ASSOC. DIRECTOR OF CURRICULUM 18.00 0.00 X 115363 0 3335 KRISTAPS LICIS SR. ASSOC. DIRECTOR OF EXAMS 40.00 0.00 X 135374 0 20805 DEBORAH MCLEAN DIRECTOR OF EXTERNAL RELATIONS 40.00 0.50 X 109217 0 7283 1570391 0 133196 8 0 1 0 NCS PEARSON INC ONE LAKE STREET UPPER SADDLE RIVER NJ 07458 EXAM ADMINISTRATOR 633379 INSTITUTIONAL INVESTOR JOURNALS 225 PARK AVENUE SOUTH NEW YORK NY 10003 MEMBERS JOURNAL PUBLISHING 500000 LEFT-CLICK CORPORATION LC ADVANCED PO BOX 1027 NORTHAMPTON MA 01061 WEBSITE DEVELOPER 167756 QUICKSILVER ASSOCIATES INC 18 WEST ONTARIO CHICAGO IL 60654 VIDEO EDITING, CONTENT MANAGEMENT 103900 FOXLNSPIRES LLC 2048 N NEW ENGLAND CHICAGO IL 60707 MARKETING CONSULTANT 101301 6 EXAM REGISTRATION FEES 900099 5119619 5119619 MEMBERSHIP FEES 900099 2125763 2125763 ENROLLMENT FEES 900099 1040825 1040825 EVENT SPONSORSHIP 900099 54071 54071 MANAGEMENT FEES 900099 33930 33930 34060 34060 8408268 5175 5175 15200 15200 131841 -131841 -131841 -131841 OTHER INCOME 900099 13877 13877 13877 8310679 8408268 0 -97589 1161402 1710379 40606 148941 199288 209980 84466 6774 370911 57222 43763 383206 167495 92294 149660 260126 17158 MANAGEMENT FEE 1120893 EXAM ADMINISTRATION 1053457 MEMBER SERVICES 526836 CHAPTER SERVICES 213553 699273 8717683 1607090 1311490 3443228 3459436 18246 35164 39527 126213 2049721 1464710 700457 585011 212229 108804 6020777 5626118 1079823 735364 3237578 3617969 3203 7974 4320604 4361307 X 1700173 1264811 1700173 1264811 6020777 5626118 X -407004 -28358 X 0 1 X 1 0 661964 404036 257928 471896 353950 117946 915861 706724 209137 585011 OTHER CURRENT LIABILITIES 7974 7974 X PART X, LINE 2: THE ASSOCIATION FOLLOWS FASB ASC 740, "INCOME TAXES", WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINLY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ASSOCIATION RECOGNIZES A TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITY. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES AS OF DECEMBER 31, 2013 AND 2012. THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2010. THE ASSOCIATION WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. EAST ASIA/PACIFIC 2 3 PROGRAM SERVICES MEMBER/CANDIDATE SUPPORT 526974 EUROPE 1 2 PROGRAM SERVICES MEMBER/CANDIDATE SUPPORT 496536 NORTH AMERICA PROGRAM SERVICES MEMBER SUPPORT 29277 EUROPE PROGRAM SERVICES MEMBER SUPPORT 86583 EAST ASIA/PACIFIC PROGRAM SERVICES EXAM DELIVERY EXPENSES 118750 EUROPE PROGRAM SERVICES EXAM DELIVERY EXPENSES 165625 MIDDLE EAST & NORTH AFRICA PROGRAM SERVICES EXAM DELIVERY EXPENSES 16750 NORTH AMERICA PROGRAM SERVICES EXAM DELIVERY EXPENSES 30979 SOUTH AMERICA PROGRAM SERVICES EXAM DELIVERY EXPENSES 6500 SUB-SAHARAN AFRICA PROGRAM SERVICES EXAM DELIVERY EXPENSES 10750 SOUTH ASIA PROGRAM SERVICES EXAM DELIVERY EXPENSES 10375 CENTRAL AMERICA & THE CARIBBEAN PROGRAM SERVICES EXAM DELIVERY EXPENSES 1500 CENTRAL AMERICA & THE CARIBBEAN PROGRAM SERVICES MEMBER SUPPORT 2038 EAST ASIA & THE PACIFIC PROGRAM SERVICES MEMBER SUPPORT 27 3 5 0 0 3 5 1471474 31190 1502664 1 0 1 0 0 1 X X X 1 0 0 FLORENCE LOMBARD PRESIDENT & CEO 354887 0 0 0 4571 0 7650 0 8266 0 375374 0 0 0 THOMAS PORTER COO & TREASURER (UNTIL OCT. 2013) 166446 0 4000 0 42307 0 5153 0 18413 0 236319 0 0 0 HOSSEIN KAZEMI DIRECTOR OF CURRICULUM 178636 0 5355 0 678 0 5359 0 2941 0 192969 0 0 0 KEITH BLACK DIRECTOR OF CURRICULUM 181507 0 5400 0 241 0 5619 0 19005 0 211772 0 0 0 NELSON LACEY DIRECTOR OF EXAMS 140397 0 4131 0 463 0 4212 0 1605 0 150808 0 0 0 KRISTAPS LICIS SR. ASSOC. DIRECTOR OF EXAMS 131294 0 3978 0 102 0 4056 0 16749 0 156179 0 0 0 PART I, LINE 4A THE ORGANIZATION HAS A SEVERANCE ARRANGEMENT WITH THOMAS PORTER, COO & TREASURER, WHO LEFT THE POSITION IN OCTOBER 2013. THOMAS WILL RECEIVE SEVERANCE PAYMENTS UNTIL FEBRUARY 2014. THOMAS RECEIVED $41,585 IN SEVERANCE PAYMENTS FOR THE CALENDAR YEAR 2013 AND IT IS REPORTED IN PART II, COLUMN (B)(III). FORM 990, PART VI, SECTION B, LINE 11 THE CONTROLLER/ASSISTANT TREASURER WILL SEND AN ELECTRONIC COPY OF THE FORM 990 TO THE ENTIRE GOVERNING BODY FOR REVIEW AND DISCUSSION PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12 IN 2013, THE ORGANIZATION DID NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY IN PLACE. ANY CONFLICT OF INTEREST WOULD BE DISCLOSED TO THE APPROPRIATE LEVEL. IN 2014, THE BOARD HAD VOTED AND APPROVED AND PUT IN PLACE A WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 A. THE BOARD OF DIRECTORS UTILIZES THE SERVICES OF OUTSIDE LEGAL COUNSEL AND COMPARABILITY DATA FROM FINANCIAL INDUSTRY METRICS TO DETERMINE THE COMPENSATION OF THE PRESIDENT/CHIEF EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIALS. B. KEY EMPLOYEES SALARIES ARE SET BY THE PRESIDENT/CHIEF EXECUTIVE DIRECTOR IN CONJUNCTION WITH COMPENSATION STUDY DATA OBTAINED BY THE DIRECTOR OF HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FORM 990, AND THE FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE VIA THE GUIDESTAR WEBSITE. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY ADJUSTMENT -28,358. CAIA FOUNDATION INC 100 UNIVERSITY DRIVE AMHERST MA 01002 800615123 CHARITABLE FOUNDATION SUPPORTING ALT INVESTMENT EDUCATION & RESEARCH MA LINE 7 CHARTERED ALTERNATIVE INVESTMENT 1 CAIA UK OFFICE LIMITED NEW BRIDGE STREET HOUSE LONDON UK INDUSTRY RELATIONS UK CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC C 22561 114629 1.00000 1 CAIA ASSOCIATION SINGAPORE OFFICE LIMITED ONE RAFFLES PLACE SINGAPORE SN INDUSTRY RELATIONS SN CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC C 14338 56531 1.00000 1 CAIA ASSOCIATION HONG KONG LIMITED 13/F WYNDHAM PLACE 40-44 WYNDHAM S HONG KONG HK INDUSTRY RELATIONS HK CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC C 9913 22263 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 CAIA UK OFFICE LIMITED P 496536 FAIR MARKET VALUE CAIA ASSOCIATION HONG KONG OFFICE LIMITED P 282380 FAIR MARKET VALUE CAIA ASSOCIATION SINGAPORE OFFICE LIMITED P 244594 FAIR MARKET VALUE PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: NAME OF RELATED ORGANIZATIONS: CAIA FOUNDATION INC. DIRECT CONTROLLING ENTITY: CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC.