2014-05-14T18:14:54-05:00 2013-06-30 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2012-07-01 362210015 NATIONAL SCHOOL BOARDS ASSOCIATION NATI 7038386722 1680 DUKE STREET ALEXANDRIA VA 22314 THOMAS J GENTZEL 7038386722 2014-05-14 1 WILLIAM E TURCO CPA P00369217 3012963600 2012 2015-11-30 17:44:51Z THOMAS J GENTZEL 1680 DUKE STREET ALEXANDRIA VA 22314 19499589 0 X WWW.NSBA.ORG X 1949 IL TO PROMOTE THE GENERAL ADVANCEMENT OF EDUCATION, TO ENCOURAGE THE ESTABLISHMENT AND MAINTENANCE OF HIGH STANDARDS IN THE CONDUCT AND OPERATION OF THE EDUCATIONAL ENDEAVOR. 23 19 125 19 303551 -200316 3056477 2324666 17271776 16173352 -134277 2423 438528 561826 20632504 19062267 9000 8000 0 0 11064769 11393884 0 0 0 7882842 7711214 18956611 19113098 1675893 -50831 7410271 7688078 23807588 20611180 -16397317 -12923102 X WORKING WITH AND THROUGH OUR STATE ASSOCIATIONS, NSBA ADVOCATES FOR EQUITY AND EXCELLENCE IN PUBLIC EDUCATION THROUGH SCHOOL BOARD LEADERSHIP. NSBA'S VISION FOR PUBLIC EDUCATION: BELIEFS AND POLICIES OF THE NATIONAL SCHOOL BOARDS ASSOCIATION (AMENDED APRIL 12, 2013, SAN DIEGO, CA); THE NATIONAL SCHOOL BOARDS ASSOCIATION BELIEVES LOCAL SCHOOL BOARDS ARE THE NATION'S PREEMINENT EXPRESSION OF GRASSROOTS DEMOCRACY AND THAT THIS FORM OF GOVERNANCE OF THE PUBLIC SCHOOLS IS FUNDAMENTAL TO THE CONTINUED SUCCESS OF PUBLIC EDUCATION. ADEQUATELY FUNDED, STUDENT-CENTERED PUBLIC SCHOOLS WILL PROVIDE A SAFE AND SUPPORTIVE ENVIRONMENT, A COMPREHENSIVE EDUCATION FOR THE WHOLE CHILD AND WILL PREPARE ALL OF AMERICA'S CHILDREN FOR A LIFETIME OF LEARNING IN A DIVERSE, DEMOCRATIC SOCIETY AND AN INTERDEPENDENT GLOBAL ECONOMY. BY FOCUSING ON RAISING STUDENT ACHIEVEMENT AND BY ACTIVELY ENGAGING THE COMM 0 0 2880995 4816496 ANNUAL CONFERENCE AND EXPOSITION: THE ANNUAL CONFERENCE AND EXPOSITION IS THE ONLY NATIONAL EVENT FOR SCHOOL BOARD LEADERS AND ADMINISTRATORS. 4,575 ATTENDEES BENEFITED FROM EDUCATIONAL PROGRAMMING, NETWORKING, AND AN EXHIBIT HALL SHOWCASING THE LATEST EDUCATIONAL PRODUCTS AND SERVICES FROM 255 EXHIBITORS. 1903784 6974174 NATIONAL AFFILIATE:NATIONAL AFFILIATE, A PARTNERSHIP OF STATE SCHOOL BOARDS ASSOCIATIONS AND NSBA, PROVIDES NATIONALLY DEVELOPED TOOLS AND RESOURCES FOR SCHOOL BOARDS. NATIONAL CONNECTION PROVIDES A VARIETY OF BENEFITS INCLUDING FEDERAL LEGAL AND LEGISLATIVE UPDATES, SCHOOL IMPROVEMENT RESEARCH, WEBINARS BY NATIONAL EXPERTS, A PUBLIC ENGAGEMENT TOOLKIT, MONEY SAVING RESOURCES, THE AMERICAN SCHOOL BOARD JOURNAL AND A SCHOOL BOARD LEADERSHIP RESOURCE CENTER. THE PROGRAM PROVIDES SERVICES TO 1,700 SCHOOL DISTRICTS THROUGHOUT THE UNITED STATES. 1848953 510736 FEDERAL RELATIONS:NSBA'S OFFICE OF FEDERAL ADVOCACY & PUBLIC POLICY REPRESENTS THE INTEREST OF THE NATION'S 90,000 LOCAL SCHOOL BOARD MEMBERS BEFORE CONGRESS. SOME OF THE PRIORITY ISSUES INCLUDE: REAUTHORIZATION OF THE ELEMENTARY AND SECONDARY EDUCATION ACT (ESEA); FEDERAL FUNDING FOR EDUCATION; TEACHER AND PRINCIPAL EFFECTIVENESS; INVESTING IN EARLY CHILDHOOD EDUCATION; CHARTER SCHOOLS; SCHOOL VOUCHERS; SCHOOLS AND LIBRARIES PROGRAM OF THE UNIVERSAL SERVICE FUND (E-RATE); SPECIAL EDUCATION (IDEA); AND CHILD NUTRITION. FEDERAL RELATIONS INCLUDES THE FEDERAL RELATIONS NETWORK CONFERENCE WITH A PARTICIPATION OF 666 ATTENDEES AND THE FEDERAL POLICY COORDINATORS NETWORK OF 132 PARTICIPANTS. 1271079 208529 STATE ASSOCIATION SERVICES 1174933 1379533 COUNCIL OF URBAN BOARDS OF EDUCATION 1049991 780350 AMERICAN SCHOOL BOARD JOURNAL & PUBLICATIONS 817542 901668 COUNCIL OF SCHOOL ATTORNEYS 804863 LEGAL ADVOCACY 622868 9700 PUBLIC ADVOCACY & COMMUNICATIONS 429961 CENTER FOR PUBLIC EDUCATION 273337 94116 CAUCUS LIAISON 270576 407724 TECHNOLOGY LEADERSHIP NETWORK 170224 8000 GRANTS 146189 325 STATE ASSOCIATION SERVICE PARTNERSHIPS 44485 90000 CORPORATE PARTNERSHIP 7076048 8000 3871945 13709780 1 1 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 83 0 1 125 1 1 1 0 0 0 0 0 0 0 0 0 X 23 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA IL VA X MONIQUE PORTER 7038386722 1680 DUKE STREET ALEXANDRIA VA 22314 DAVID A PICKLER 5.00 X X 16543 0 0 ANNE M BYRNE 1.00 X X 5000 0 0 JOHN D TUTTLE 1.00 X X 0 0 0 C ED MASSEY 1.00 X 41648 0 0 ROBERT F ALVEY JR 1.00 X 0 0 0 MIRANDA A BEARD 1.00 X 0 0 0 KEVIN E CIAK 1.00 X 0 0 0 LINDA R CRANFORD 1.00 X 0 0 0 JUDY LAIR 1.00 X 0 0 0 KRISTIN MALIN 1.00 X 0 0 0 JACKIE MAGNUSON 1.00 X 0 0 0 CYNTHIA MATUS MORRISS 1.00 X 0 0 0 S SCOTT MUELLER 1.00 X 0 0 0 JOHN S PAYNE 1.00 X 0 0 0 FRANK C PUGH 1.00 X 0 0 0 NEIL PUTNAM 1.00 X 0 0 0 BARB RILEY 1.00 X 0 0 0 TIMOTHY R SIVERTSON 1.00 X 0 0 0 JODEE SUNDBERG 1.00 X 0 0 0 MINNIE FORTE-BROWN 1.00 X 0 0 0 TAWANA LYNN KEELS 1.00 X 0 0 0 GUILLERMO LOPEZ 1.00 X 0 0 0 ANNE L BRYANT 39.50 0.50 X 247242 0 235352 JOSEPH S VILLANI 40.00 X 275415 0 171759 THOMAS J GENTZEL 39.50 0.50 X 24942 0 3538 MARIE BILIK 40.00 X 20781 0 1327 LISA A BARTUSEK 40.00 X 172003 0 37593 FRANCISCO M NEGRON 40.00 X 191632 0 53624 MICHAEL A RESNICK 40.00 X 249020 0 334145 ROBERT C BILLUPS 40.00 X 127198 0 43382 REGINALD M FELTON 40.00 X 152773 0 23750 NAOMI E GITTINS 40.00 X 125904 0 91081 ROBIN PRESTON 40.00 X 125214 0 28159 CAROLE A STOVER 40.00 X 139885 0 122327 1915200 0 1146037 10 0 1 0 FREEMAN PO BOX 650036 DALLAS TX 75265 A/V EQUIPMENT RENTAL; CONFERENCE & EXPOS 556709 RR DONNELLEY RECEIVABLES INC 1 SHENANDOAH VALLEY DRIVE STRASBURG VA 22657 PUBLICATION PRINTING 247644 PRA-DESTINATION MANAGEMENT 290 KING STREET SUITE 11 SAN FRANCISCO CA 94107 EVENT TRANSPORTATION SERVICES 207617 CITYSTAFF 1701 K STREET NW SUITE 500 WASHINGTON DC 20006 SUPPLEMENTAL HELP 138721 HBP INC 952 FREDEROCL STREET HAGERSTOWN MD 20740 PRINTING, MAILING AND FULFILLMENT SERVIC 136127 8 2019174 187688 117804 2324666 NATIONAL AFFILIATE SER 900099 8353707 8279332 74375 ANNUAL CONFERENCE & EX 900099 4816496 4637691 23907 154898 COUNCIL OF SCHOOL ATTO 900099 901668 887128 14540 AMERICAN SCHOOL BOARD 511120 780351 350707 279644 150000 FEDERAL RELATIONS 900099 510736 510736 810394 641594 168800 16173352 3180 3180 46434 46434 441281 80448 360833 360833 360833 356117 356874 -757 -757 -757 OTHER REVENUE 900099 96514 84414 12100 MAIL LIST RENTAL 900002 58045 58045 154559 19062267 15752435 303551 681615 8000 8000 1493831 753556 740275 6733759 4386888 2346871 1867736 1349944 517792 733699 515860 217839 564859 372801 192058 7519 7043 476 90750 90750 1042919 595884 447035 683061 547732 135329 300872 300872 402068 402068 669362 450364 218998 3219530 3027209 192321 496077 496077 589217 589217 56769 56769 BUSINESS PERSONAL PROPE 38791 3614 35177 SPONSORSHIP SALES COMMI 87527 87527 BAD DEBT EXPENSE 13755 13755 OTHER EXPENSES 12997 4322 8675 1102959 -1102959 19113098 13709780 5403318 0 6500 500 1336710 2171866 46812 8108 354603 261640 499623 412506 14533658 9942371 4867384 4591287 298639 242171 7410271 7688078 919570 958860 7055 3951 4780535 5057161 68586 26593 18031842 14564615 23807588 20611180 X -16398816 -12924601 1499 1499 -16397317 -12923102 7410271 7688078 X -50831 3525046 X 0 1 X 1 0 X 6838889 3769557 3680485 3056477 2324666 19670074 19880464 18909058 17682596 16635084 15869801 88977003 26719353 22678615 21363081 19691561 18194467 108647077 0 0 0 108647077 143116 250417 276079 417255 490895 1577762 16480 16480 143116 250417 276079 433735 490895 1594242 170050 212338 157003 128753 154559 822703 27032519 23141370 21796163 20254049 18839921 111064022 0.97820 0.98380 0.01440 0.01050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 98853 1 38229 0 1 102666 1 418229 0 657977 0 0 1 X 1350000 1350000 7439950 5516867 1923083 82494 49497 32997 3210748 2710587 500161 2450466 1665420 785046 4591287 ACCRUED PENSION LIABILITY 14561920 SECURITY DEPOSITS 2695 14564615 X 19726119 582647 582647 19143472 -81205 -81205 19062267 19552586 439488 439488 19113098 0 19113098 PART IV, LINE 2B: NSBA HAD TWO ACCOUNTS WITH FISCAL YEAR END BALANCES OF $2,615 AND $23,978 DESIGNATED TO HOLD FUNDS COLLECTED FOR THE NATIONAL SCHOOL BOARDS ACTION CENTER (NSBAC) AND THE NATIONAL CAUCUS OF AMERICAN INDIAN/ALASKA NATIVE SCHOOL BOARDS MEMBERS (CAUCUS) RESPECTIVELY. THE FIRST ACCOUNT IS COMPRISED OF CONTRIBUTIONS FORWARDED TO NSBAC FOLLOWING ITS COMMENCEMENT OF OPERATIONS ON JULY 1, 2012. THE LATTER ACCOUNT CONSISTS OF MEMBER PARTICIPATION FEES, WHICH ARE DISBURSED TO THE CAUCUS WHEN IT INCURS EXPENDITURES RELATED TO ITS BUSINESS ACTIVITIES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: NATURE OF ACTIVITIES AND SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) INCOME TAXES: NSBA IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NSBAC IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. IN ADDITION, NSBA AND NSBAC QUALIFY FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. NSBA HAS CERTAIN UNRELATED BUSINESS ACTIVITIES FOR ADVERTISING THAT ARE SUBJECT TO FEDERAL AND VIRGINIA INCOME TAXES. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR THE YEAR ENDED JUNE 30, 2013, AS THESE ACTIVITIES GENERATED NO NET UNRELATED BUSINESS INCOME. THE ASSOCIATION COMPLIES WITH THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. THE ASSOCIATION IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS, AND THEREFORE, NO TAX LIABILITIES HAVE BEEN RECORDED AS OF JUNE 30, 2013, OR ANY RELATED INTEREST AND PENALTIES INCLUDED IN THE BALANCE SHEET OR STATEMENT OF ACTIVITIES. GENERALLY, THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE REVENUE INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENT 582,647. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT REPORTED ON LINE 7C -757. RENTAL EXPENSES REPORTED ON LINE 6B -80,448. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE EXPENSES INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENT 358,283. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT REPORTED ON LINE 7C 757. RENTAL EXPENSES REPORTED ON LINE 6B 80,448. 1 SCHOLARSHIP 8 8000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: NSBA REQUIRES ITS GRANTEES TO PERFORM THE FOLLOWING PROCEDURES TO MONITOR THE USE OF GRANT FUNDS INSIDE THE UNITED STATES: 1) SUBMITTING TIMELY QUARTERLY REPORTS ABOUT ACTIVITIES AND ACCOMPLISHMENTS IN THEIR STATES AS WELL AS ANY UPDATES AND/OR AMENDMENTS TO THEIR STATE PLANS; 2) REPORTING ON ANY LOBBYING ACTIVITIES UNDERTAKEN AS A PART OF NSBA GRANTS INCLUDING, A) THE AMOUNT OF FUNDS EXPENDED, AND B) A BRIEF NARRATIVE DESCRIPTION OF THE ACTIVITY 3) PUBLISHING A FINAL GRANT REPORT DETAILING LESSONS LEARNED WITH RECOMMENDATIONS FOR STATE POLICIES DERIVED FROM LOCAL DISTRICT EXPERIENCES. X X 0 0 X X X 0 0 0 0 0 0 0 0 0 ANNE L BRYANT 244569 0 0 0 2673 0 227876 0 7953 0 483071 0 0 0 JOSEPH S VILLANI 249237 0 0 0 26178 0 162915 0 9480 0 447810 0 0 0 LISA A BARTUSEK 171146 0 0 0 857 0 14421 0 23784 0 210208 0 0 0 FRANCISCO M NEGRON 191425 0 0 0 207 0 37624 0 16636 0 245892 0 0 0 MICHAEL A RESNICK 244026 0 0 0 4994 0 319169 0 15612 0 583801 0 0 0 ROBERT C BILLUPS 126652 0 0 0 546 0 41978 0 1836 0 171012 0 0 0 REGINALD M FELTON 148902 0 0 0 3871 0 22826 0 1452 0 177051 0 0 0 NAOMI E GITTINS 125353 0 0 0 551 0 76093 0 15420 0 217417 0 0 0 ROBIN PRESTON 124960 0 0 0 254 0 28159 0 444 0 153817 0 0 0 CAROLE A STOVER 137988 0 0 0 1897 0 99623 0 23208 0 262716 0 0 0 PART I, LINE 1A THOMAS J. GENTZEL WAS REIMBURSED FOR TEMPORARY HOUSING AND FURNITURE RENTAL PER HIS CONTRACT IN THE AMOUNT OF $2,803. CHARLES ED MASSEY RECEIVED A TAXABLE SPOUSAL TRAVEL BENEFIT OF $1,648. DAVID A. PICKLER RECEIVED A TAXABLE SPOUSAL TRAVEL BENEFIT OF $6,543. FORM 990, PART III, LINE 1, CONTINUATION OF MISSION STATMENT NSBA'S VISION FOR PUBLIC EDUCATION: BELIEFS AND POLICIES OF THE NATIONAL SCHOOL BOARDS ASSOCIATION (AMENDED APRIL 12, 2013, SAN DIEGO, CA); THE NATIONAL SCHOOL BOARDS ASSOCIATION BELIEVES LOCAL SCHOOL BOARDS ARE THE NATION'S PREEMINENT EXPRESSION OF GRASSROOTS DEMOCRACY AND THAT THIS FORM OF GOVERNANCE OF THE PUBLIC SCHOOLS IS FUNDAMENTAL TO THE CONTINUED SUCCESS OF PUBLIC EDUCATION. ADEQUATELY FUNDED, STUDENT-CENTERED PUBLIC SCHOOLS WILL PROVIDE A SAFE AND SUPPORTIVE ENVIRONMENT, A COMPREHENSIVE EDUCATION FOR THE WHOLE CHILD AND WILL PREPARE ALL OF AMERICA'S CHILDREN FOR A LIFETIME OF LEARNING IN A DIVERSE, DEMOCRATIC SOCIETY AND AN INTERDEPENDENT GLOBAL ECONOMY. BY FOCUSING ON RAISING STUDENT ACHIEVEMENT AND BY ACTIVELY ENGAGING THE COMMUNITY, SCHOOL BOARDS WILL PROVIDE LEADERSHIP FOR ACADEMIC SUCCESS IN THE NATION'S PUBLIC SCHOOLS. AMERICA'S SCHOOL BOARDS, BY CREATING A VISION OF EXCELLENCE AND EQUITY FOR EVERY CHILD, WILL PROVIDE PERFORMANCE-ORIENTED SCHOOLS THAT MEET TODAY'S PROBLEMS AS WELL AS THE CHALLENGES OF TOMORROW. FORM 990, PART VI, SECTION A, LINE 6 ASSOCIATION MEMBERS SHALL BE STATE ASSOCIATIONS OF SCHOOL BOARDS. THE AFFILIATE CATEGORY SHALL CONSIST OF FIVE CLASSES: A) NATIONAL AFFILIATES B) ORGANIZATION AFFILIATES C) SUSTAINING AFFILIATES D) FOUNDATION AFFILIATES E) FEDERAL AFFILIATES FORM 990, PART VI, SECTION A, LINE 7A ASSOCIATION MEMBERS SHALL BE STATE ASSOCIATIONS OF SCHOOL BOARDS. THE AFFILIATE CATEGORY SHALL CONSIST OF FIVE CLASSES: A) NATIONAL AFFILIATES B) ORGANIZATION AFFILIATES C) SUSTAINING AFFILIATES D) FOUNDATION AFFILIATES E) FEDERAL AFFILIATES FORM 990, PART VI, SECTION A, LINE 7B THE CONSTITUTION AND BYLAWS OF NSBA MUST BE AMENDED BY A TWO-THIRDS VOTE OF THE MEMBERS PRESENT AND VOTING. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS INITIALLY REVIEWED IN DETAIL BY THE ORGANIZATION'S ACCOUNTING DEPARTMENT AND MANAGEMENT. FURTHERMORE, PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE, A COPY OF THE FORM 990 WAS PROVIDED TO ALL NSBA BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C NSBA REQUIRES ITS BOARD OF DIRECTORS TO SUBMIT ANNUAL REPORTS DISCLOSING CONFLICT OF INTEREST. THE REPORTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE, WHICH WILL ATTEMPT TO RESOLVE ANY ACTUAL OR POTENTIAL CONFLICT(S) AND, IN THE ABSENCE OF RESOLUTION, REFER THEM TO THE BOARD OF DIRECTORS. WHILE NSBA DOES NOT REQUIRE ITS KEY EMPLOYEES TO SUBMIT A CONFLICT OF INTEREST AFFIDAVIT ANNUALLY, ALL NSBA EMPLOYEES ARE GOVERNED BY THE CONFLICT OF INTEREST POLICY THAT STATES THAT "NO MEMBER OF THE NSBA STAFF MAY ACCEPT ANY GIFT OF PROPERTY, SERVICES, OR MONEY AS AN INDUCEMENT TO PROMISING OR PROVIDING NSBA BUSINESS TO AN OFFEROR. TO ENSURE THE INTEGRITY OF BUSINESS RELATIONSHIPS, NSBA STAFF MEMBERS ARE ALSO PROHIBITED FROM SOLICITING GIFTS OR SERVICES UNRELATED TO NSBA FROM ANY ENTITY OR PERSON WITH WHOM NSBA CONDUCTS BUSINESS." FORM 990, PART VI, SECTION B, LINE 15 NSBA EMPLOYS OUTSIDE COMPENSATION EXPERTS TO ASSESS, ANALYZE AND MAKE MARKET COMPARISONS OF ITS EMPLOYEE POSITIONS, SALARY STRUCTURE AND PAY GRADES. UPON RECEIPT OF AN AUDIT REPORT AND RECOMMENDATIONS, NSBA'S EXECUTIVE OFFICE REVIEWS AND IMPLEMENTS THE CHANGES TO ITS PAY PROGRAM. COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DISCUSSED AND DETERMINED BY THE BOARD OF DIRECTORS ANNUALLY. THE COMPENSATION FOR ADMINISTRATIVE OFFICERS, KEY EMPLOYEES AND STAFF IS APPROVED BY THE BOARD OF DIRECTORS, THE EXECUTIVE DIRECTOR'S SALARY IS CONTRACTUAL AND ALSO APPROVED BY THE BOARD OF DIRECTORS. ANNUALLY, NSBA EMPLOYEES THE SERVICES OF AN OUTSIDE CONSULTING FIRM TO REVIEW AND REPORT ON THE SALARY STRUCTURE OF STAFF. ALL SALARIES, OTHER THAN THE EXECUTIVE DIRECTOR, ARE APPROVED THROUGH THE ANNUAL BUDGET APPROVAL PROCESS. SOME BOARD OF DIRECTOR MEMBERS HOLDING CORPORATE OFFICER POSITIONS SUCH AS SECRETARY TREASURER RECEIVE SMALL STIPENDS ALSO APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND/OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: DEFINED BENEFIT PENSION PLAN CHANGES 3,525,046. NATIONAL SCHOOL BOARDS ACTION CENTER 1680 DUKE STREET ALEXANDRIA VA 22314 454913266 TO CARRY OUT THE SOCIAL WELFARE OBJECTIVES OF THE NSBA VA 501(C)(4) NATIONAL SCHOOL BOARDS ASSOCIATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 NATIONAL SCHOOL BOARDS ACTION CENTER O 358283 FMV