INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: INTERNATIONAL ASSOCIATION OF AIRPORT DUTY FREE STORES INC (EIN 52-1283024)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2013-04-09
IRS object ID: 201320999349300402
Schema version: 2011v1.5
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule C
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-04-09T06:46:51-07:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Lydon Fetterolf Corydon PA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	9401 Key West Avenue	AddressLine1
City	Rockville	City
State	MD	State
ZIP Code	20850	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	521283024	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	INTERNATIONAL ASSOCIATION OF AIRPORT	BusinessNameLine1
Business Name Line2	DUTY FREE STORES	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	INTE	NameControl
Phone	2023671184	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2025 M Street NW	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Michael Payne	Name
Title	Executive Director	Title
Date Signed	2013-04-09	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Jeff Corydon IV CPA CFP	Name
Phone	3019484400	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	MICHAEL PAYNE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	2025 M Street NW 800	AddressLine1
City	Washington	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	2271396	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c	X	Organization501c
Web Site	WWW.IAADFS.ORG	WebSite
Type Of Organization Association	X	TypeOfOrganizationAssociation
Year Formation	1966	YearFormation
State Legal Domicile	MD	StateLegalDomicile
Activity Or Mission Description	TO PROMOTE THE AIRPORT DUTY FREE INDUSTRY AND TO INFORM MEMBERS OF NEW REGULATIONS. ALSO, TO PROVIDE A PLATFORM WHERE OPERATORS OF AIRPORT DUTY FREE STORES AND THEIR SUPPLIERS CAN EXCHANGE INFORMATION ON THEIR PRODUCTS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	13	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	13	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	2037740	ProgramServiceRevenuePriorYear
Program Service Revenue CY	2240225	ProgramServiceRevenueCY
Investment Income Prior Year	28550	InvestmentIncomePriorYear
Investment Income Current Year	26370	InvestmentIncomeCurrentYear
Other Revenue Prior Year	3100	OtherRevenuePriorYear
Other Revenue Current Year	4801	OtherRevenueCurrentYear
Total Revenue Prior Year	2069390	TotalRevenuePriorYear
Total Revenue Current Year	2271396	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1882647	OtherExpensePriorYear
Other Expenses Current Year	1917304	OtherExpensesCurrentYear
Total Expenses Prior Year	1882647	TotalExpensesPriorYear
Total Expenses Current Year	1917304	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	186743	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	354092	RevenuesLessExpensesCY
Total Assets BOY	4291185	TotalAssetsBOY
Total Assets EOY	4360780	TotalAssetsEOY
Total Liabilities BOY	366351	TotalLiabilitiesBOY
Total Liabilities EOY	79711	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	3924834	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	4281069	NetAssetsOrFundBalancesEOY
Mission Description	The International Association of Airport Duty Free Stores (IAADFS) is an international trade association with approximately 500 company members. The purpose of the IAADFS is to promote the airport duty free industry as an important segment of the international business community; provide activities whereby operators of airport duty free stores and their suppliers can exchange information on products and their duty free market potential; and serve as a collective voice in representing the airport duty free industry on common issues affecting the membership.As international air travel developed in the years following World War II, the potential for duty free shopping in airport complexes was recognized. Accompanying that recognition was the need for a better understanding of the duty free business by government agencies and officials, as well as the need to provide a forum for the development of communication and business relationships between buyers and sellers of duty free products. In	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	CONVENTION/PUBLIC RELATIONS/GOVERNMENT RELATIONS MEMBERS AND COMMITTEES GATHER TO DISCUSS DEVELOPMENTS AND NEEDED IMPROVEMENTS IN THE FIELD.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	true	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	1	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Employment Tax Returns Filed	false	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	13	NbrVotingGoverningBodyMembers
Number Independent Voting Members	13	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	true	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	SMITHBUCKLIN corporation	NamePerson
Telephone Number	2023671184	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2025 M Street NW SUITE 800	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
alberto motta jr
President	0.00	X	X	0	0	0
SUSAN STACKHOUSE
VP/Treasurer	0.00	X	X	0	0	0
ENRIQUE URIOSTE
Director	0.00	X		0	0	0
LOUIS SNELDERS
Director	0.00	X		0	0	0
RICHARD RENDEK
Director	0.00	X		0	0	0
ERASMO ORILLAC
Director	0.00	X		0	0	0
Padraig Drennan
Director	0.00	X		0	0	0
JOE LYONS
Director	0.00	X		0	0	0
MICHAEL HALPERN
Director	0.00	X		0	0	0
JOSE GONZALEZ
Director	0.00	X		0	0	0
SIMON FALIC
Director	0.00	X		0	0	0
john bolger
Director	0.00	X		0	0	0
DAVID H BERNSTEIN
Director	0.00	X		0	0	0
MICHAEL PAYNE
Executive Direc	40.00		X	0	0	0

Field	Value	IRS element (for citing)
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (4 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
SMITHBUCKLIN
2025 M STREET ST NW SUITE 800	WASHINGTON	DC	20036	MANAGEMENT	624964
ME Productions
2000 SW 30th Avenue	Pembroke Park	FL	33009	Production	117375
Marriott Business Services
8701 World Center Drive	Orlando	FL	32821	Hotel Facilities	246599
Kent & OConnor
1990 M Street NW Suite 340	Washington	DC	20036	Consulting	116523

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	4	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Membersip dues	611710	148500	148500
Initiation Fees	611710	30850	30850
CONVENTION	611430	2060875	2060875

Field	Value	IRS element (for citing)
Total Program Service Revenue	2240225	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	26370	TotalRevenueColumn
Exclusion	$26,370	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISCELLANEOUS REVENUE	Description
Business Code	611710	BusinessCode
Total Revenue Column	4801	TotalRevenueColumn
Related Or Exempt Function Income	4801	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	4801	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2271396	TotalRevenueColumn
Related Or Exempt Function Income	2245026	RelatedOrExemptFunctionIncome
Exclusion	$26,370	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	0	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	0	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	0	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	70400	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	7165	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	31505	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	0	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	34178	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	1472658	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	0	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	8406	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal
Technical Support	12280
Bank and credit card fees	36595
Government relations program	106766
STAFF SUPPORT	122011

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	15340	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1917304	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	608771	BOY
EOY	618936	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	3623047	BOY
EOY	3660850	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	36209	BOY
EOY	67329	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	881	BOY
EOY	700	EOY

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	22277	BOY
EOY	12965	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	4291185	BOY
EOY	4360780	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	265450	BOY
EOY	23068	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	51250	BOY
EOY	17550	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	49651	BOY
EOY	39093	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	366351	BOY
EOY	79711	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	3924834	BOY
EOY	4281069	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	3924834	BOY
EOY	4281069	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4291185	BOY
EOY	4360780	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	354092	ReconcilationRevenueExpenses
Reconcilation Other Changes	2143	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired
Federal Grant Audit Performed	false	FederalGrantAuditPerformed

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Form1120 Pol Filed	false	Form1120PolFiled
Substantially All Dues Nondeduct	false	SubstantiallyAllDuesNondeduct
Only In House Lobbying	true	OnlyInHouseLobbying
Agree To Carryover Prior Year	false	AgreeToCarryoverPriorYear

Schedule D IRS990ScheduleD

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Unconditional promises to give	Description
Amount	$39,093	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	39093	TotalOfAmounts
Total Revenue	2271396	TotalRevenue
Total Expenses	1917304	TotalExpenses
Excess Or Deficit For Year	354092	ExcessOrDeficitForYear
Net Unrealized GL On Investments	2143	NetUnrealizedGLOnInvestments
Total Adjustments	2143	TotalAdjustments
Excess Or Deficit Per FS	356235	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	2273539	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	2143	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	2143	RevenueNotRptdF990
Revenue Subtotal	2271396	RevenueSubtotal
Total Revenue Per Form990	2271396	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1917304	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	1917304	ExpensesSubtotal
Total Expenses Per Form990	1917304	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	Part X	Identifier
Return Reference	Part X : FIN48 Footnote	ReturnReference
Explanation	The Association is exempt from federal income tax under Section 501(c)(6) of the Internal Revenue Code. However, income from activities not directly related to the Association's tax-exempt purpose is subject to taxation as unrelated business income.During the year ended June 30, 2010, the Association adopted the authoritative guidance relating to uncertainty in income taxes included in ASC Topic Income Taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition and de-recognition of tax positions taken or expected to be taken in a tax return. The Association performed an evaluation of uncertain tax positions for the year ended June 30, 2012, and determined that there were no material matters that would require recognition in the financial statements or that may have an effect on its tax-exempt status. As of June 30, 2012, the statute of limitations for the Form 990 for years 2008-2010 remains open with the Internal Revenue Service. It is the Association's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	upon request from the public.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	Form 990 is reviewed by the Executive Director before it is filed with IRS.