2014-08-15T08:35:44-05:00 2014-03-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2013-04-01 530114600 NATIONAL ASSOCIATION OF BROADCASTERS NATI 2024295304 1771 N STREET NW WASHINGTON DC 200362800 JOY WHITLOW CPA CHIEF FINANCIAL OFFICER 2024295304 2014-08-15 1 DEBORAH G KOSNETT P00290720 2022932200 2014-08-14 2013 2015-11-30 17:44:51Z GORDON H SMITH 1771 N STREET NW WASHINGTON DC 200362800 127514179 0 X WWW.NAB.ORG X 1927 DE NAB ADVANCES THE INTERESTS OF RADIO AND TELEVISION BROADCASTERS IN FEDERAL GOVERNMENT, INDUSTRY AND PUBLIC AFFAIRS; IMPROVES THE QUALITY OF BROADCASTING; ENCOURAGES TECHNOLOGICAL INNOVATION AND PUBLIC SERVICE. 63 62 195 62 9903 -750 0 397500 50109003 53790119 6491058 3065051 400753 622963 57000814 57875633 1017510 1314167 0 0 24398178 21671692 0 0 0 25738179 30383494 51153867 53369353 5846947 4506280 119433485 142920270 58855064 68723663 60578421 74196607 NAB ADVANCES THE INTEREST OF RADIO AND TELEVISION BROADCASTERS IN FEDERAL GOVERNMENT,INDUSTRY AND PUBLIC AFFAIRS; IMPROVES THE QUALITY OF BROADCASTING; ENCOURAGES TECHNOLOGICAL INNOVATION AND PUBLIC SERVICE. 0 0 THE NAB SHOW AND THE RADIO SHOW PROVIDE EDUCATIONAL OPPORTUNITIES, SHOWCASE TECHNOLOGICAL INNOVATIONS,AND NETWORKING OPPORTUNITIES TO THE BROADCASTING AND PRODUCTION COMMUNITIES. THE 2013 NAB SHOW HAD MORE THAN 98,000 REGISTERED ATTENDEES. THE EVENT'S EXHIBIT FLOOR FEATURED CUTTING-EDGE TECHNOLOGY AND SOLUTIONS FROM MORE THAN 1,700 COMPANIES. THE EDUCATION PROGRAM FEATURED MORE THAN 500 SESSIONS AND A SPEAKER LINEUP. LEGISLATIVE & REGULATORY ADVOCACY: THERE ARE MORE THAN 15,000 LOCAL RADIO AND TELEVISION STATIONS IN THE US SERVING THEIR COMMUNITIES THROUGH PUBLIC SERVICE, LOCAL NEWS, ENTERTAINMENT PROGRAMMING AND VITAL COMMUNITY INFORMATION - SUCH AS AMBER ALERTS, TRAFFIC INFORMATION AND SEVERE WEATHER WARNINGS. NAB ADVOCATES BEFORE CONGRESS,THE FEDERAL COMMUNICATIONS COMMISSION (FCC) AND IN THE COURTS. CREATED IN 2012, NAB LABS IS A MULTI-MILLION DOLLAR PROGRAM THAT PROVIDES A PLATFORM FOR INNOVATION, A VENUE FOR FORGING PARTNERSHIPS AND TESTING NEW TECHNOLOGY, AND EDUCATIONAL EVENTS TO CREATE AWARENESS ABOUT OVER-THE-AIR RADIO AND TELEVISION TECHNOLOGY INITIATIVES. NAB'S FASTROAD (FLEXIBLE ADVANCED SERVICES FOR TELEVISION AND RADIO ON ALL DEVICES) TECHNOLOGY ADVOCACY PROGRAM IS A COMPONENT OF NAB LABS. 0 1 1 1 0 0 0 1 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 1 105 0 1 195 1 1 1 0 0 0 1 1 0 X 63 62 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ALEX F GALEANO CPA 2024295304 1771 N STREET NW WASHINGTON DC 200362800 CHARLES WARFIELD JR JOINT BOARD CHAIR 2.00 1.00 X 0 0 0 PAUL KARPOWICZ JOINT BOARD CHAIR / IMMEDIATE PAST JOINT BOARD CHA 2.00 1.00 X 0 0 0 STEVE NEWBERRY IMMEDIATE PAST JOINT BOARD CHAIR 2.00 0.00 X 0 0 0 JACK ABERNETHY BOARD MEMBER 2.00 0.00 X 0 0 0 EDWARD ATSINGER BOARD MEMBER 2.00 0.00 X 0 0 0 MEREDITH BAKER BOARD MEMBER 2.00 0.00 X 0 0 0 EMILY BARR BOARD MEMBER 2.00 0.00 X 0 0 0 CAROLINE BEASLEY BOARD MEMBER 2.00 0.00 X 0 0 0 JOHN BECK BOARD MEMBER 2.00 0.00 X 0 0 0 DON BENSON BOARD MEMBER 2.00 0.00 X 0 0 0 SCOTT BLUMENTHAL BOARD MEMBER 2.00 0.00 X 0 0 0 MIKE BOEN BOARD MEMBER 2.00 0.00 X 0 0 0 PETE BOOKER BOARD MEMBER 2.00 0.00 X 0 0 0 BRIAN BRADY BOARD MEMBER 2.00 0.00 X 0 0 0 SALLY BROWN BOARD MEMBER 2.00 0.00 X 0 0 0 MARCI BURDICK BOARD MEMBER 2.00 0.00 X 0 0 0 BRANDON BURGESS BOARD MEMBER 2.00 0.00 X 0 0 0 RAYMOND COLE BOARD MEMBER 2.00 0.00 X 0 0 0 BILL COLEMAN BOARD MEMBER 2.00 0.00 X 0 0 0 CHRISTOPHER CORNELIUS BOARD MEMBER 2.00 0.00 X 0 0 0 KEVIN CUDDIHY BOARD MEMBER 2.00 0.00 X 0 0 0 LEW DICKEY JR BOARD MEMBER 2.00 0.00 X 0 0 0 BEN DOWNS BOARD MEMBER 2.00 0.00 X 0 0 0 EDDIE ESSERMAN BOARD MEMBER 2.00 0.00 X 0 0 0 DAVID FIELD BOARD MEMBER 2.00 0.00 X 0 0 0 MICHAEL FIORILE BOARD MEMBER 2.00 0.00 X 0 0 0 SUSAN FOX BOARD MEMBER 2.00 0.00 X 0 0 0 MARTIN FRANKS BOARD MEMBER 2.00 0.00 X 0 0 0 STEVE HAMMEL BOARD MEMBER 2.00 0.00 X 0 0 0 ERIK HELLUM BOARD MEMBER 2.00 0.00 X 0 0 0 BILL HENDRICH BOARD MEMBER 2.00 0.00 X 0 0 0 ED HENSON BOARD MEMBER 2.00 0.00 X 0 0 0 BILL HOFFMAN BOARD MEMBER 2.00 0.00 X 0 0 0 ROBERT HUBBARD BOARD MEMBER 2.00 0.00 X 0 0 0 JULIE KOEHN BOARD MEMBER 2.00 0.00 X 0 0 0 JOHN KUENEKE BOARD MEMBER 2.00 0.00 X 0 0 0 PAT LAPLATNEY BOARD MEMBER 2.00 0.00 X 0 0 0 BRIAN LAWLOR BOARD MEMBER 2.00 0.00 X 0 0 0 DEON LEVINGSTON BOARD MEMBER 2.00 0.00 X 0 0 0 ALFRED LIGGINS III BOARD MEMBER 2.00 0.00 X 0 0 0 DAVE LOUGEE BOARD MEMBER 2.00 0.00 X 0 0 0 GEORGE MAHONEY BOARD MEMBER 2.00 0.00 X 0 0 0 JESSICA MARVENTANO BOARD MEMBER 2.00 0.00 X 0 0 0 DAN MASON BOARD MEMBER 2.00 0.00 X 0 0 0 DUJUAN MCCOY BOARD MEMBER 2.00 0.00 X 0 0 0 BILL MCELVEEN BOARD MEMBER 2.00 0.00 X 0 0 0 MIKE NOVAK BOARD MEMBER 2.00 0.00 X 0 0 0 RALPH OAKLEY BOARD MEMBER 2.00 0.00 X 0 0 0 JOHN ORLANDO BOARD MEMBER 2.00 0.00 X 0 0 0 FRANK OSBORN BOARD MEMBER 2.00 0.00 X 0 0 0 MARGARET PERKINS BOARD MEMBER 2.00 0.00 X 0 0 0 RUSSELL PERRY BOARD MEMBER 2.00 0.00 X 0 0 0 BOB PITTMAN BOARD MEMBER 2.00 0.00 X 0 0 0 ROBERT PROFFITT BOARD MEMBER 2.00 0.00 X 0 0 0 MARY QUASS BOARD MEMBER 2.00 0.00 X 0 0 0 HEIDI RAPHAEL BOARD MEMBER 2.00 0.00 X 0 0 0 JOE SCHWARTZ BOARD MEMBER 2.00 0.00 X 0 0 0 DUNIA SHIVE BOARD MEMBER 2.00 0.00 X 0 0 0 JEFF SIMPSON BOARD MEMBER 2.00 0.00 X 0 0 0 PERRY SOOK BOARD MEMBER 2.00 0.00 X 0 0 0 PAUL TINKLE BOARD MEMBER 2.00 0.00 X 0 0 0 ROGER UTNEHMER BOARD MEMBER 2.00 0.00 X 0 0 0 JOSE VALLE BOARD MEMBER 2.00 0.00 X 0 0 0 PATRICK WALSH BOARD MEMBER 2.00 0.00 X 0 0 0 JORDAN WERTLIEB BOARD MEMBER 2.00 0.00 X 0 0 0 STEVE WEXLER BOARD MEMBER 2.00 0.00 X 0 0 0 DANA WITHERS BOARD MEMBER 2.00 0.00 X 0 0 0 GORDON SMITH PRESIDENT & CEO 60.00 3.00 X 1892364 0 20225 CHRIS ORNELAS COO 60.00 0.00 X 559093 0 22770 JOY WHITLOW CFO 57.00 3.00 X 387140 20376 31220 MARCELLUS ALEXANDER JR EVP 50.00 10.00 X 462550 65000 24534 JANE MAGO EVP 57.00 3.00 X 468302 24648 33513 JOHN DAVID EVP 60.00 0.00 X 464167 0 31056 KELLY COLE EVP 60.00 0.00 X 441554 0 16720 CHRISTOPHER BROWN EVP 60.00 0.00 X 439770 0 33246 KEVIN GAGE EVP 60.00 0.00 X 382067 0 26123 RICK KAPLAN EVP 60.00 0.00 X 752285 0 66130 MARK D WHARTON EVP 60.00 0.00 X 420188 0 29149 CARA MICHELLE LEHMAN EVP 60.00 0.00 X 378835 0 25606 LYNN CLAUDY SVP 60.00 0.00 X 306295 0 43242 CURTIS LEGEYT SVP 60.00 0.00 X 299547 0 26006 7654157 110024 429540 73 0 1 0 FREEMAN AUDIO VISUAL SOLUTIONS 3325 WEST SUNSET SUITE A LAS VEGAS NV 89118 EVENT OPERATIONS 2668132 CROWELL & MORING LLP 1001 ENNSYLVANIA AVE NW WASHINGTON DC 20006 LEGAL/GR REP/CONSULT 705523 OGILVY PUBLIC RELATIONS WORLDWIDE PO BOX 7247-7417 PHILADELPHIA PA 191707417 MARKETING 695055 WILEY REINLLP 1776 K STREET NW WASHINGTON DC 20006 LEGAL/GR REP/CONSULT 659470 FP1 STRATEGIES LLC PO BOX 16504 ALEXANDRIA VA 22302 CONSULTANTS 524776 56 397500 397500 NAB SHOW REVENUE 900099 38565301 38565301 MEMBERSHIP DUES 900099 13010240 13010240 SEMINARS 900099 1097696 1097696 RADIO SHOW REVENUE 900099 1086430 1086430 CARP FEES 900099 26082 26082 4370 4370 53790119 2234563 2234563 124575 124575 70436871 69519863 86520 917008 -86520 830488 830488 63318 32163 31155 31155 MISCELLANEOUS REVENUE 900099 457330 457330 ADVERTISING REVENUE 453000 9903 9903 467233 57875633 54278604 9903 3189626 1314167 5846438 15508306 -2381749 1597347 1101350 4808 93451 7095427 7855 2639915 100803 388721 554372 4176 977660 871087 13916988 41857 1390026 71614 SPECIAL EVENTS 1087018 MENTAL HEALTH CAMPAIGN 590905 BOOKS & PERIODICALS 236462 MEMBERSHIP DUES 214493 95856 53369353 X 8107678 9026851 624383 1025304 2819637 3088811 23318122 19139441 4590169 4178681 95893635 107340187 105000 131970 7292983 9128466 9000000 119433485 142920270 3232615 3370655 37453620 41691217 7292983 9132958 8550000 10875846 5978833 58855064 68723663 X 60578421 74196607 60578421 74196607 119433485 142920270 4506280 9111906 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 NAB POLITICAL ACTION COMMITTEE 1771 N STREET NW WASHINGTON DC 20036 521218303 36404 0 0 1 13010240 15538815 15538815 13010240 PART I-A, LINE 1: NAB CONDUCTS POLITICAL ACTIVITIES SOLELY THROUGH ITS CONNECTED FEDERAL PAC, THE NAB POLITICAL ACTION COMMITTEE. PART III-B: IN PREVIOUS YEARS, THE NAB TOOK A CONSERVATIVE APPROACH AND REFLECTED ITS EXCESS LOBBYING EXPENSES AS CARRYOVERS. NAB REVISITED THE ISSUE FOR 2013 AND DECIDED TO REVISE ITS REPORTING TO REFLECT NO CARRYOVER." 0 1 471372 471372 12910451 11033838 1876613 6000914 4730529 1270385 3935385 3375074 560311 4178681 INVESTMENT - CARP 9123466 F INVESTMENT - NAB TECHNOLOGIES 5000 F 9128466 ACCRUED PENSION COST 5978833 5978833 X 67098367 9111906 9111906 57986461 7855 -118683 -110828 57875633 53480181 118683 118683 53361498 7855 7855 53369353 PART IV, LINE 1B: NAB IS THE CUSTODIAN OF FUNDS TO BE DIRECTED TO PARTICIPATING STATIONS FROM THE U.S. COPYRIGHT OFFICE. PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND THEREFORE, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. AT A MINIMUM, THE MARCH 31, 2011 THROUGH 2014 TAX YEARS ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES -32,163. LOSS ON DISPOSAL OF ASSETS -86,520. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 32,163. LOSS ON DISPOSAL OF ASSETS 86,520. 1 NAB EDUCATION FOUNDATION 1771 N STREETNW WASHINGTON DC 20036 521866840 501(C)(3) 750000 EDUCATION NATIONAL ALLIANCE OF STATE BROADCASTERS 2333 WISCONSIN BLVD NE ALBUQUERQUE NM 87110 521987593 501(C)(6) 75000 GOV'T RELATIONS BROADCAST EDUCATION ASSOCIATION 1771 N STREETNW WASHINGTON DC 20036 526057288 501(C)(3) 45000 EDUCATION THE ADVERTISING COUNCIL INC 815 SECOND AVE 9TH FL NEW YORK NY 10017 130417693 501(C)(3) 25000 OPERATING SUPPORT LIBRARY OF AMERICAN BROADCASTING FOUNDATION 2909 ARGYLE DRIVE ALEXANDRIA VA 22309 132622843 501(C)(3) 25000 OPERATING SUPPORT MINORITY MEDIA & TELECOMMUNICATIONS COUNCIL 300 JERICHO QUADRANGLE STE 100 JERICHO NY 11753 521880677 501(C)(3) 13000 OPERATING SUPPORT NATIONAL ASSOCIATION OF FARM BROADCASTERS 1100 PLATTE FALLS ROAD PLATTE CITY MO 64079 362882703 501(C)(3) 11500 OPERATING SUPPORT ALLIANCE FOR WOMEN IN MEDIA FOUNDATION 1760 OLD MEADOW ROAD MCLEAN VA 22102 521193933 501(C)(3) 16000 OPERATING SUPPORT THE ASPEN INSTITUTE ONE DUPONT CIRCLE NW 700 WASHINGTON DC 20036 840399006 501(C)(3) 10000 OPERATING SUPPORT COMPETITIVE ENTERPRISE INSTITUTE 1899 L STREET NW 12TH FL WASHINGTON DC 20036 521351785 501(C)(3) 20000 OPERATING SUPPORT JAPANESE AMERICAN CITIZENS LEAGUE 1765 SUTTER STREET SAN FRANCISCO CA 94115 941245885 501(C)(6) 10000 OPERATING SUPPORT NALEO EDUCATIONAL FUND 1122 W WASHINGTON BLVD 3RD FL LOS ANGELES CA 90015 521212849 501(C)(3) 10000 OPERATING SUPPORT UNITED STATES HISPANIC CHAMBER OF COMMERCE 1424 K STREET NW WASHINGTON DC 20005 521754621 501(C)(6) 10000 OPERATING SUPPORT THE MEDIA INSTITUTE 2300 CLARENDON BLVD SUITE 602 ARLINGTON VA 22301 521061431 501(C)(3) 10000 OPERATING SUPPORT 11 3 PART I, LINE 2: NAB MONITORS THE USE OF GRANT FUNDS ON A MONTHLY BASIS THROUGH ACCOUNTING OVERSIGHT AND ROUTINE PROGRAM ACTIVITY REVIEW. IN ADDITION, NAB MAINTAINS A CONSISTENT PRESENCE WITH OTHER ORGANIZATIONS IT SUPPORTS FINANCIALLY VIA ATTENDANCE AT ORGANIZATION EVENTS, JOINT ADVOCACY EFFORTS, ADVISORY MEETINGS, ETC. X 1 1 X X X X X 0 0 0 GORDON SMITH PRESIDENT & CEO 1647079 0 200000 0 45285 0 8748 0 11477 0 1912589 0 0 0 CHRIS ORNELAS COO 507135 0 50000 0 1958 0 5225 0 17545 0 581863 0 0 0 JOY WHITLOW CFO 335582 20376 50000 0 1558 0 8750 0 22470 0 418360 20376 0 0 MARCELLUS ALEXANDER JR EVP 390243 50000 60000 15000 12307 0 8127 623 15784 0 486461 65623 0 0 JANE MAGO EVP 411046 24648 50000 0 7256 0 8750 0 24763 0 501815 24648 0 0 JOHN DAVID EVP 392206 0 60000 0 11961 0 8750 0 22306 0 495223 0 0 0 KELLY COLE EVP 400072 0 40000 0 1482 0 8750 0 7970 0 458274 0 0 0 CHRISTOPHER BROWN EVP 314944 0 122500 0 2326 0 8750 0 24496 0 473016 0 0 0 KEVIN GAGE EVP 329630 0 50000 0 2437 0 8614 0 17509 0 408190 0 0 0 RICK KAPLAN EVP 451100 0 300000 0 1185 0 8754 0 57376 0 818415 0 0 0 MARK D WHARTON EVP 395885 0 20000 0 4303 0 8400 0 20749 0 449337 0 0 0 CARA MICHELLE LEHMAN EVP 353192 0 25000 0 643 0 7815 0 17791 0 404441 0 0 0 LYNN CLAUDY SVP 302668 0 0 0 3627 0 8750 0 34492 0 349537 0 0 0 CURTIS LEGEYT SVP 298975 0 0 0 572 0 8750 0 17256 0 325553 0 0 0 PART I, LINE 1B: TRAVEL FOR THE PRESIDENT'S SPOUSE WAS PAID AND REPORTED ON HIS W-2 IN ACCORDANCE WITH NAB'S SPOUSAL TRAVEL POLICY. JANE MAGO KEY EMPLOYEE 53050 RELATIVE IS A NAB EMPLOYEE 0 FORM 990, PART VI, SECTION A, LINE 1 AT THE FIRST REGULAR MEETING OF THE BOARD OF DIRECTORS FOLLOWING EACH ANNUAL CONVENTION, THE BOARD APPOINTS AN EXECUTIVE COMMITTEE, WHICH IS COMPOSED OF: THE CHAIRMAN OF THE BOARD; THE CHAIRMAN AND THE FIRST AND SECOND VICE CHAIRMEN OF THE RADIO BOARD; THE CHAIRMAN AND THE FIRST AND SECOND VICE CHAIRMEN OF THE TELEVISION BOARD; A TELEVISION NETWORK REPRESENTATIVE; A MAJOR GROUP RADIO REPRESENTATIVE; AND THE PRESIDENT; ADDITIONALLY, THERE ARE NONVOTING MEMBERS AS DETERMINED BY THE BOARD. NO MORE THAN ONE PERSON OF EACH MEMBER STATION OR GROUP OF STATIONS MAY SERVE ON THE EXECUTIVE COMMITTEE SIMULTANEOUSLY. THE EXECUTIVE COMMITTEE SHALL BE EMPOWERED TO ACT FOR THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD. EXPENDITURES ON ANY ITEM OR ISSUE, NOT CONTAINED IN THE APPROVED BUDGET FOR THE CURRENT FISCAL YEAR, SHALL NOT EXCEED, WITHOUT THE PRIOR APPROVAL OF THE BOARD, AN AMOUNT TO BE SET ANNUALLY BY THE BOARD AS PART OF THE REGULAR BUDGETING PROCESS. A REPORT ON ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE IS FORWARDED PROMPTLY TO ALL MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 NAB IS A MEMBERSHIP ORGANIZATION FOR THE BROADCASTING INDUSTRY. THERE ARE TWO CLASSES OF MEMBERS: ACTIVE (RADIO AND TV) AND ASSOCIATE. FORM 990, PART VI, SECTION A, LINE 7A NAB HAS A RADIO BOARD AND TELEVISION BOARD. THE RADIO BOARD MAY HAVE NO MORE THAN 35 MEMBERS, TEN OF WHOM ARE APPOINTED BY THE BOARD AND THE REMAINDER OF WHOM ARE ELECTED FROM EACH RADIO DISTRICT BY BALLOT. THE TELEVISION BOARD MAY HAVE NO MORE THAN 26 MEMBERS: SIX SEATS ARE APPOINTED BY THE EXECUTIVE COMMITTEE, TWO ARE APPOINTED BY THE TELEVISION BOARD, AND THE REMAINDER ARE ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED AND REVIEWED BY THE OFFICE OF THE CONTROLLER AND REVIEWED BY THE CHIEF FINANCIAL OFFICER,PRESIDENT, AND THE AUDIT & EXECUTIVE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, NAB STAFF REVIEW AND SIGN A CONFLICT OF INTEREST/BUSINESS ETHICS POLICY THAT PROVIDES GUIDANCE ON AVOIDING CONFLICTS OF INTEREST AND UNDUE INFLUENCE, AS WELL AS SPELLING OUT LIMITATIONS ON THE ACCEPTANCE OF GIFTS. CORPORATE COUNSEL PROVIDES QUARTERLY REPORTS TO THE CHIEF OPERATING OFFICER ON ANY KNOWN CONFLICTS OF INTEREST, AND ALSO ADDRESSES STAFF INQUIRIES REGARDING CONFLICTS OF INTEREST. ANY CONFLICTS NOT RESOLVED ARE BROUGHT TO THE ATTENTION OF THE AUDIT COMMITTEE AND/OR EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE AFTER A REVIEW OF THE CEO'S ACTIVITIES AND ACCOMPLISHMENTS FOR THE YEAR. THERE IS DISCUSSION AND DELIBERATION, AND THE PARTIES ARE PROVIDED WITH COMPARABLE DATA, AS AVAILABLE. THE DETERMINATION IS PROVIDED TO THE CFO FOR IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 19 NAB DOES NOT MAKE ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC EXCEPT AT ITS DISCRETION ON A CASE BY CASE BASIS. FORM 990, PART X, LINE 14: ACQUISITION OF TRADE SHOW AND INVESTMENT IN RELATED ENTITY. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. NAB EDUCATION FOUNDATION 1771 N STREET NW WASHINGTON DC 20036 521866840 EDUCATION DC 501(C)(3) 509(A)(3) 1 NAB POLITICAL ACTION COMMITTEE 1771 N STREET NW WASHINGTON DC 20036 521218303 POLITICAL ACTION COMMITTEE DC 527 1 NAB TECHNOLOGIES INC 1771 N STREET NW WASHINGTON DC 20036 551553742 INACTIVE DC NAB C 1457 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 NAB EDUCATION FOUNDATION B 750000 CASH NAB EDUCATION FOUNDATION N 74976 COST ALLOCATION NAB POLITICAL ACTION COMMITTEE (BELOW THRESHOLD) N NAB EDUCATION FOUNDATION (BELOW THRESHOLD) O NAB POLITICAL ACTION COMMITTEE O 195850 COST BASIS NAB EDUCATION FOUNDATION Q 650252 COST BASIS