2012-06-05T08:25:10-05:00 2011-12-31 521855942 TATE AND TRYON 2021 L STREET NW 400 WASHINGTON DC 20036 990 2011-01-01 131390920 THE PERSONAL CARE PRODUCTS COUNCIL INC PERS 2023311770 1101 17TH STREET NW NO 300 WASHINGTON DC 200364702 LEZLEE WESTINE 2023311770 2012-06-05 1 FREDERICK LONGWOOD P00439715 2022932200 2011 2016-02-24 21:20:13Z LEZLEE WESTINE 1101 17TH STREET NW NO 300 WASHINGTON DC 200364702 22378667 0 X WWW.PERSONALCARECOUNCIL.ORG X 1971 DC REPRESENT THE COMMON BUSINESS INTERESTS OF THE PERSONAL CARE PRODUCTS INDUSTRY 39 39 111 49 161256 2790 172324 219838 14289745 14378522 1028607 839430 2180147 2775783 17670823 18213573 0 45500 0 0 10027382 10662368 0 0 0 7663042 8247965 17690424 18955833 -19601 -742260 20640045 19218137 7588110 8706545 13051935 10511592 X TO SECURE AND PROVIDE THROUGH THE COUNCIL THE COOPERATION AND UNITED EFFORTS OF THE PERSONAL CARE PRODUCTS INDUSTRY IN ANY MATTERS RELATING TO THE WELFARE OF THE INDUSTRY, INCLUDING REPRESENTING THE INDUSTRY BEFORE FEDERAL, STATE, AND LOCAL GOVERNMENTS IN ORDER TO MAINTAIN THE APPROPRIATE REGULATORY STATUS FOR PERSONAL CARE PRODUCTS; REPRESENTING THE INDUSTRY IN OTHER MATTERS RELATING TO ITS GENERAL WELFARE; AND SUPPORTING PRODUCT, EMPLOYEE, AND ENVIRONMENTAL SAFETY THROUGH SCIENTIFIC RESEARCH AND DEVELOPMENT OF VOLUNTARY SCIENTIFIC STANDARDS AND TEST METHODOLOGIES. 0 0 SCIENCE/COSMETICS INGREDIENT REVIEW: THE COUNCIL PROMOTES THE INDUSTRY'S COMMITMENT TO SAFETY AND SELF-REGULATION TO ENSURE THE PROTECTION OF HUMAN HEALTH AND THE ENVIRONMENT THROUGH THE USE OF SAFE INGREDIENTS IN PERSONAL CARE PRODUCTS. THE COUNCIL'S CONSUMER COMMITMENT CODE FORMALIZES EXISTING PRODUCT SAFETY PRACTICES AND DEMONSTRATES THE INDUSTRY'S COMMITMENT TO SAFETY. THE CIR REVIEWS AVAILABLE INFORMATION ON INGREDIENTS TO DETERMINE THE SAFETY OF THOSE INGREDIENTS AS USED IN PERSONAL CARE PRODUCTS AND PUBLISHES THE CONCLUSIONS OF ITS INDEPENDENT REVIEW PANEL. GOVERNMENT AFFAIRS/LEGAL AND REGULATORY/GLOBAL STRATEGIES: THE COUNCIL WORKS TO ENSURE THAT ALL FEDERAL AND STATE LEGISLATION AND REGULATION HAS AN APPROPRIATE FOCUS ON CONSUMER PROTECTION AND PRODUCT AVAILABILITY. THE COUNCIL SUPPORTS MEMBER COMPANIES' ACCESS TO GLOBAL MARKETS THROUGH INTERNATIONAL ADVOCACY, REGULATORY HARMONIZATION, AND MEMBER ADVISORY SERVICES. PUBLIC AFFAIRS/MEETINGS/PUBLICATIONS: THE COUNCIL PROMOTES THE VALUE OF, NEED FOR, AND SAFETY OF THE INDUSTRY'S PRODUCTS AND OFFERS A VARIETY OF PRODUCTS AND SERVICES TO MEET THE CONTINUING INFORMATIONAL NEEDS OF ITS MEMBERS AND CONSUMERS. 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 0 1 0 0 0 1 55 0 1 111 1 1 1 0 0 0 0 0 X 39 39 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X KRISTEN BOGENRIEF 2023311770 1101 17TH STREET NW NO 300 WASHINGTON DC 200364702 DANIEL J BRESTLE 0.20 X X 0 0 0 SCOTT BEATTIE 0.20 X X 0 0 0 LINDA R MARSHALL 0.20 X X 0 0 0 ROGER BARNETT 0.20 X 0 0 0 PAMELA BAXTER 0.20 X 0 0 0 CYNTHIA BREEN 0.20 X 0 0 0 GEORGE CALVERT 0.20 X 0 0 0 REBECCA CARUSO 0.20 X 0 0 0 GEORGE CLEARY 0.20 X 0 0 0 CHRISTOPHER B COMBE 0.20 X 0 0 0 STEFANO CURTI 0.20 X 0 0 0 CHRISTINE DAGOUSSET 0.20 X 0 0 0 PETER DORNSIFE 0.20 X 0 0 0 VIRGINIA DROSOS 0.20 X 0 0 0 CHRIS ELSHAW 0.20 X 0 0 0 KAREN FONDU 0.20 X 0 0 0 MARIAN GAHAGAN 0.20 X 0 0 0 JACK GALLAGHER 0.20 X 0 0 0 KEVIN F GALLAGHER 0.20 X 0 0 0 WILLIAM J GENTNER 0.20 X 0 0 0 BILL GRAHAM 0.20 X 0 0 0 LAURA J HASTINGS 0.20 X 0 0 0 JOSEPH HEALY 0.20 X 0 0 0 DAVID HOLL 0.20 X 0 0 0 ERIC HOROWITZ 0.20 X 0 0 0 INGRID JACKEL 0.20 X 0 0 0 STEPHAN KANLIAN 0.20 X 0 0 0 THOMAS P LANGAN 0.20 X 0 0 0 JAMES J MACKEY 0.20 X 0 0 0 HEIDI MANHEIMER 0.20 X 0 0 0 CAMILLE MCDONALD 0.20 X 0 0 0 EUGENIO MINVIELLE 0.20 X 0 0 0 JACK NETHERCUTT 0.20 X 0 0 0 SUSAN NETTESHEIM 0.20 X 0 0 0 SENNEN PAMICH 0.20 X 0 0 0 ROBERT M PHILLIPS 0.20 X 0 0 0 COSIMO POLICASTRO 0.20 X 0 0 0 AL ROBERTSON 0.20 X 0 0 0 FREDERIC ROZE 0.20 X 0 0 0 STEPHEN I SADOVE 0.20 X 0 0 0 GEORGE SCHAEFFER 0.20 X 0 0 0 ERIC R SCHNUR 0.20 X 0 0 0 ART SPIRO 0.20 X 0 0 0 DOUGLAS TOUGH 0.20 X 0 0 0 SEAN G TRAYNOR 0.20 X 0 0 0 JERRY VITTORIA 0.20 X 0 0 0 NOEL WALLACE 0.20 X 0 0 0 JESSE J WU 0.20 X 0 0 0 JONATHAN ZRIHEN 0.20 X 0 0 0 LEZLEE WESTINE 40.00 X 814396 0 42976 KRISTEN BOGENRIEF 40.00 X 349621 0 32874 MARK POLLAK 40.00 X 286503 0 44663 JANA ADAMS 40.00 X 227537 0 40326 ALAN ANDERSEN 40.00 X 339436 0 32715 ELIZABETH ANDERSON 40.00 X 285200 0 44663 JOHN BAILEY 40.00 X 264545 0 32054 HALYNA BRESLAWEC 40.00 X 258533 0 41627 KATHLEEN DEZIO 40.00 X 278106 0 43038 JOHN HURSON 40.00 X 345905 0 40942 FRANCINE LAMORIELLO 40.00 X 356271 0 38734 JAY ANSELL 40.00 X 173851 0 36211 IVAN BOYER 40.00 X 167129 0 34658 THOMAS MEYERS 40.00 X 181952 0 21932 MORRIS SCHMIER 40.00 X 168584 0 30231 MICHAEL THOMPSON 40.00 X 212050 0 35278 4709619 0 592922 27 0 1 0 DEZENHALL RESOURCES 1130 CONNECTICUT AVENUE NW SUITE WASHINGTON DC 20036 PUBLIC AFFAIRS CONSULTING 472450 MIDDLE KINGDOM BUSINESS CONSULTANTS 925 15TH STREET NW SUITE 500 WASHINGTON DC 20005 INTERNATIONAL CONSULTING 384000 DUBERSTEIN GROUP INC 2100 PENNSYLVANIA AVENUE NW WASHINGTON DC 20037 GOVERNMENT AFFAIRS CONSULTING 366663 COVINGTON & BURLING LLP 1201 PENNSYLVANIA AVENUE NW WASHINGTON DC 20004 LEGAL 299183 RATIONAL PR 1501 M STREET NW SUITE 450 WASHINGTON DC 20005 PUBLIC AFFAIRS CONSULTING 259730 12 219838 219838 219838 MEMBERSHIP DUES 900099 11122309 11122309 PUBLICATIONS 541800 1699334 1538078 161256 MEETINGS & CONFERENCES 900099 1556879 1556879 14378522 577262 577262 4427262 4165094 262168 262168 262168 FREE SALE CERTIFICATES 900099 1453400 1453400 INTERESTED PARTY 900099 965149 965149 APPLICATION FEES 900099 271012 271012 86222 86222 2775783 18213573 16993049 161256 839430 45500 4256875 4397286 1129177 443124 435906 328241 72400 809261 41196 2420868 2464 347332 212578 687586 784794 933955 219757 114481 PUBLICATIONS 546394 RESEARCH, REGULATORY, A 432783 DUES, REGISTRATIONS, SU 152375 UBI TAX 798 140702 18955833 400 400 3307292 2606831 48557 18371 215392 170836 421068 330146 2536906 1909291 520812 627615 16025933 15393282 0 100591 70656 20640045 19218137 1763838 1685975 3071110 2963133 2753162 4057437 7588110 8706545 X 13051935 10511592 13051935 10511592 20640045 19218137 X -742260 -1798083 X X 0 1 1 X 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 11122309 1228471 1228471 2224462 -995991 10448663 268363 -497588 1010623 9208815 9936695 978813 531570 998415 10448663 8379852 1043383 1020238 506778 9936695 6329741 2779836 -314785 414940 8379852 1.00000 0 0 478047 307190 170857 1926284 1548539 377745 132575 53562 79013 627615 ACCRUED PENSION LIABILITY 4052655 DUE TO AFFILIATE 4782 4057437 18213573 18955833 -742260 -497588 -1300495 -1798083 -2540343 17735660 -497588 19675 -477913 18213573 0 18213573 18975508 19675 19675 18955833 0 18955833 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE COUNCIL'S BOARD OF DIRECTORS HAS AUTHORIZED THE USE OF THE BOARD-DESIGNATED NET ASSETS FOR ANY FISCAL YEAR'S EXPENSES THAT CANNOT BE COVERED BY THAT YEAR'S REVENUE. THE BOARD-DESIGNATED NET ASSETS ALSO ARE USED TO OFFSET ANY UNREALIZED LOSSES ON INVESTMENTS IN ANY GIVEN FISCAL YEAR. ACCORDINGLY, AT YEAR-END ANY OPERATING SURPLUS OR DEFICIT AND ANY UNREALIZED GAINS OR LOSSES ON INVESTMENTS ARE TRANSFERRED TO THE BOARD-DESIGNATED FUND. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ON JANUARY 1, 2009, THE COUNCIL ADOPTED ASC 740, 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 COUNCIL 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 PERCENT 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. MANAGEMENT EVALUATED THE COUNCIL'S TAX POSITIONS AND CONCLUDED THAT THE COUNCIL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE COUNCIL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN MINIMUM PENSION LIABILITY -1,300,495. NORTH AMERICA 0 0 PROGRAM SERVICES EXPENDITURES FOR STAFF TRAVEL AND WORK IN THE REGION 12653 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES EXPENDITURES FOR STAFF TRAVEL AND WORK IN THE REGION 99778 SOUTH AMERICA 0 0 PROGRAM SERVICES EXPENDITURES FOR STAFF TRAVEL AND WORK IN THE REGION 35837 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES EXPENDITURES FOR STAFF TRAVEL AND WORK IN THE REGION 140307 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ECONOMIC IMPACT STUDY FOR THE INDUSTRY IN EAST ASIA & THE PACIFIC 148398 0 0 0 0 0 0 436973 0 436973 0 0 0 0 0 0 SCHEDULE F, PART I PRICEWATERHOUSECOOPERS CHINA WAS HIRED AS AN INDEPENDENT CONSULTANT TO PREPARE AN ECONOMIC IMPACT STUDY FOR OUR INDUSTRY IN CHINA. 0 AMERICAN COUNCIL ON SCIENCE AND HEALTH 1995 BROADWAY FL 2 NEW YORK NY 10023 132911127 501(C)(3) 10000 CONTRIBUTION AMERICAN CANCER SOCIETY EASTERN DIVISION 132 WEST 32ND STREET NEW YORK NY 10019 160743902 501(C)(3) 18000 CONTRIBUTION NCSL FOUNDATION FOR STATE LEGISLATURES 7700 E 1ST PLACE DENVER CO 80230 742232576 501(C)(3) 7500 SPONSORSHIP JAMES C MARSHALL OCD FOUNDATION INC 6804 SEYBOLD ROAD MADISON WI 53719 300098471 501(C)(3) 10000 CONTRIBUTION 4 0 X X X 1 1 X X X X X 0 0 0 LEZLEE WESTINE 546305 0 250000 0 18091 0 28150 0 14826 0 857372 0 0 0 KRISTEN BOGENRIEF 320457 0 15550 0 13614 0 28150 0 4724 0 382495 0 0 0 MARK POLLAK 265698 0 12500 0 8305 0 28150 0 16513 0 331166 0 0 0 JANA ADAMS 215079 0 10325 0 2133 0 23989 0 16337 0 267863 0 0 0 ALAN ANDERSEN 274052 0 55675 0 9709 0 17150 0 15565 0 372151 0 0 0 ELIZABETH ANDERSON 263285 0 13500 0 8415 0 28150 0 16513 0 329863 0 0 0 JOHN BAILEY 185862 0 15425 0 63258 0 23870 0 8184 0 296599 0 0 0 HALYNA BRESLAWEC 253234 0 0 0 5299 0 28150 0 13477 0 300160 0 0 0 KATHLEEN DEZIO 258979 0 13250 0 5877 0 25400 0 17638 0 321144 0 0 0 JOHN HURSON 316615 0 15450 0 13840 0 24429 0 16513 0 386847 0 0 0 FRANCINE LAMORIELLO 327692 0 16125 0 12454 0 28150 0 10584 0 395005 0 0 0 JAY ANSELL 168953 0 2000 0 2898 0 20870 0 15341 0 210062 0 0 0 IVAN BOYER 163983 0 1000 0 2146 0 21000 0 13658 0 201787 0 0 0 THOMAS MEYERS 176961 0 3500 0 1491 0 20351 0 1581 0 203884 0 0 0 MORRIS SCHMIER 160676 0 5000 0 2908 0 19788 0 10443 0 198815 0 0 0 MICHAEL THOMPSON 205933 0 3000 0 3117 0 24759 0 10519 0 247328 0 0 0 PART I, LINE 1A RAIL TRAVEL-ON AMTRAK'S ACELA EXPRESS, THERE IS NO COACH CLASS. THE LOWEST CLASS OF SERVICE ON THAT TRAIN IS BUSINESS CLASS. EMPLOYEES BELOW THE LEVEL OF EXECUTIVE VICE PRESIDENT ARE PERMITTED TO TRAVEL IN BUSINESS CLASS ON THE ACELA EXPRESS. THE PRESIDENT AND EXECUTIVE VICE PRESIDENTS ARE PERMITTED TO TRAVEL IN THE NEXT CLASS (FIRST CLASS) IN THE FOLLOWING SITUATIONS: (1) WHERE THERE ARE NO BUSINESS CLASS TICKETS STILL AVAILABLE ON A TRAIN THAT WILL GET THEM TO/FROM THEIR DESTINATION IN A TIMELY MANNER, (2) WHERE THEY MUST TRAVEL FOR A BUSINESS PURPOSE OVER A MEAL TIME SINCE FIRST CLASS ON THE ACELA EXPRESS INCLUDES A MEAL. TRAVEL FOR COMPANIONS-EXECUTIVE VICE PRESIDENTS ARE PERMITTED TO BRING THEIR SPOUSES OR SIGNIFICANT OTHERS TO THE ASSOCIATION'S ANNUAL MEETING. THE ASSOCIATION REIMBURSES THE STAFF PERSON FOR THESE EXPENSES AND RECORDS THE REIMBURSEMENT AS ADDITIONAL INCOME ON THE STAFF PERSON'S W-2. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS- THE COUNCIL DISTRIBUTES SMALL DENOMINATION HOLIDAY GIFT CARDS TO STAFF AT ALL LEVELS AND REPORTS THOSE GIFT CARDS ON THE STAFF PERSON'S W-2. CATHERINE BAILEY SPOUSE OF JOHN BAILEY, EMPLOYEE OF PCPC 49930 CATHERINE BAILEY IS THE SPOUSE OF A KEY EMPLOYEE, JOHN BAILEY, AND WORKS PART-TIME FOR THE COUNCIL. 0 ANDERSON COURT REPORTING SPOUSE OF ELIZABETH ANDERSON, EMPLOYEE OF PCPC 24830 ANDERSON COURT REPORTING IS AN INDEPENDENT CONTRACTOR WHOSE OWNER IS THE SPOUSE OF A KEY EMPLOYEE, ELIZABETH ANDERSON. THIS COMPANY DOES TRANSCRIPTION WORK FOR THE COUNCIL'S COSMETIC INGREDIENT REVIEW PROGRAM. 0 JOHN BAILEY RETIRING EMPLOYEE OF PCPC 32947 JOHN BAILEY IS A KEY EMPLOYEE WHO RETIRED FROM THE COUNCIL DURING 2011. BECAUSE OF HIS FORMER EMPLOYMENT WITH FDA, HE HAS SPECIFIC EXPERTISE THAT WAS STILL NEEDED BY THE COUNCIL, AND HE WAS PAID TO WORK AS AN INDEPENDENT CONTRACTOR AFTER HIS RETIREMENT TO WORK ON A LIMITED SET OF PROJECTS. COMPENSAITON AS A KEY EMPLOYEE $259,310COMPENSATION AS AN INDEPENDENT CONTRACTOR $32,947 TOTAL $292,257 0 X COSMETICS 15 219838 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE COUNCIL IS ORGANIZED AS A NOT-FOR-PROFIT ASSOCIATION. IT'S MEMBERS HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION'S MEMBERS ELECT THE OFFICERS OF THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE AND AUDIT COMMITTEE (THE "COMMITTEE") OF THE BOARD OF DIRECTORS ASSISTS THE BOARD IN FULFILLING ITS OVERSIGHT RESPONSIBILITIES RELATING TO THE COUNCIL'S FINANCIAL AND OTHER GOVERNING AND OPERATING POLICIES. THE FINANCE AND AUDIT COMMITTEE IS COMPRISED OF THE CHAIRMAN OF THE BOARD, THE TREASURER, AND OTHER MEMBERS OF THE EXECUTIVE COMMITTEE APPOINTED BY THE BOARD. TO ADDRESS THE ISSUE OF THE PRACTICALITY OF A FULL BOARD REVIEW OF THE 990, THIS COMMITTEE WILL RECEIVE A DRAFT COPY OF THE 990, REVIEW IT, AND APPROVE IT FOR ISSUANCE. THIS REVIEW WILL TAKE PLACE IN A TIME FRAME THAT WILL ALLOW THE 990 TO BE FILED BY THE APPLICABLE FILING DATE. THE COMMITTEE'S REVIEW WILL BE CONDUCTED WITH THE THIRD PARTY TAX PREPARERS AND MANAGEMENT OF THE COUNCIL. A REPORT WILL BE MADE TO THE BOARD AT ITS NEXT MEETING THAT THE REVIEW AND APPROVAL OF THE 990S TOOK PLACE, AND THAT THEY HAVE BEEN FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL DIRECTORS, OFFICERS, AND SENIOR STAFF EMPLOYEES WILL RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY TOGETHER WITH A CONFLICT OF INTEREST STATEMENT OF DISCLOSURE, WHICH SHALL BE COMPLETED AT LEAST ANNUALLY. EACH NEW DIRECTOR, OFFICER, AND SENIOR STAFF EMPLOYEE SHALL PARTICIPATE IN A SIMILAR PROCEDURE IMMEDIATELY UPON ASSUMPTION OF HIS OR HER RESPONSIBILITIES. DIRECTORS: ANY MEMBER OF THE BOARD OF DIRECTORS WHO MAY BE INVOLVED IN A COUNCIL BUSINESS TRANSACTION IN WHICH THERE IS A POSSIBLE CONFLICT OF INTEREST SHALL PROMPTLY NOTIFY THE PRESIDENT OR THE GENERAL COUNSEL. THE BOARD MEMBER SHALL REFRAIN FROM VOTING ON ANY SUCH TRANSACTION, PARTICIPATING IN DELIBERATIONS CONCERNING IT, OR USING PERSONAL INFLUENCE IN ANY WAY IN THE MATTER. THE BOARD MEMBER'S PRESENCE MAY NOT BE COUNTED IN DETERMINING THE QUORUM FOR ANY VOTE WITH RESPECT TO A COUNCIL BUSINESS TRANSACTION IN WHICH HE OR SHE HAS A POSSIBLE CONFLICT OF INTEREST. THE BOARD MEMBER, OR THE CHAIRMAN IN THE DIRECTOR'S ABSENCE, SHALL DISCLOSE A POSSIBLE CONFLICT OF INTEREST TO THE OTHER MEMBERS OF THE BOARD BEFORE ANY VOTE ON A COUNCIL BUSINESS TRANSACTIONS, AND SUCH DISCLOSURE SHALL BE RECORDED IN THE BOARD MINUTES OF THE MEETING AT WHICH IT IS MADE. ANY COUNCIL BUSINESS TRANSACTION WITH A MEMBER OF THE BOARD OF DIRECTORS SHALL HAVE TERMS THAT ARE AT LEAST AS FAIR AND REASONABLE TO THE COUNCIL AS THOSE THAT WOULD OTHERWISE BE AVAILABLE TO THE COUNCIL IF IT WERE DEALING WITH AN UNRELATED PARTY. STAFF: ANY SENIOR STAFF MEMBER WHO MAY BE INVOLVED IN A COUNCIL BUSINESS TRANSACTION IN WHICH THERE IS A POSSIBLE CONFLICT OF INTEREST SHALL PROMPTLY REPORT THE POSSIBLE CONFLICT TO THE PRESIDENT OR GENERAL COUNSEL. IF THE POSSIBLE CONFLICT INVOLVES THE PRESIDENT, THE POSSIBLE CONFLICT SHALL BE REPORTED TO THE CHAIRMAN OF THE BOARD BY THE PRESIDENT. THE PRESIDENT, OR WHERE APPLICABLE THE CHAIRMAN, AFTER RECEIVING INFORMATION ABOUT A POSSIBLE CONFLICT OF INTEREST, SHALL TAKE SUCH ACTION AS IS NECESSARY TO ASSURE THAT THE TRANSACTION IS COMPLETED IN THE BEST INTEREST OF THE ASSOCIATION WITHOUT THE SUBSTANTIVE INVOLVEMENT OF THE PERSON WHO HAS THE POSSIBLE CONFLICT OF INTEREST. THIS DOES NOT MEAN THAT THE PURCHASE OR OTHER TRANSACTION MUST NECESSARILY BE DIVERTED, BUT SIMPLY THAT PERSONS OTHER THAN THE ONE WITH THE POSSIBLE CONFLICT SHALL MAKE THE JUDGMENTS INVOLVED AND SHALL CONTROL THE TRANSACTION. A WRITTEN RECORD OF ANY REPORT OF POSSIBLE CONFLICT AND OF ANY ADJUSTMENTS MADE TO AVOID POSSIBLE CONFLICTS OF INTEREST SHALL BE KEPT BY THE PRESIDENT OR THE GENERAL COUNSEL. ANY DISPUTED ACTION WITH RESPECT TO THIS POLICY SHALL BE RESOLVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE (THE "COMMITTEE") OF THE BOARD OF DIRECTORS ASSISTS THE BOARD IN FULFILLING ITS OVERSIGHT RESPONSIBILITIES RELATING TO THE COUNCIL'S COMPENSATION OF STAFF. SPECIFICALLY THIS INCLUDES DETERMINING THE COUNCIL'S COMPENSATION PHILOSOPHY AND DETERMINATION AND APPROVAL OF THE CEO'S COMPENSATION. WITHIN THE COMPENSATION PHILOSOPHY AND SYSTEM APPROVED BY THE COMMITTEE, THE CEO IS SOLELY RESPONSIBLE FOR ADMINISTERING THE COMPENSATION SYSTEM FOR ALL COUNCIL EMPLOYEES OTHER THAN THE CEO. THE COMMITTEE, HOWEVER, WILL REVIEW AND APPROVE THE COMPENSATION OF OTHER EXECUTIVE (NON-CEO) STAFF TO CONFIRM THAT PAY LEVELS ARE WITHIN MARKET PRACTICE AND THE COUNCIL'S COMPENSATION PHILOSOPHY. THE COMMITTEE SHALL CONSIST OF THREE DIRECTORS - THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE IMMEDIATE PAST CHAIRMAN, AND THE TREASURER, WHO HAVE NO RELATIONSHIP TO THE COUNCIL THAT MAY INTERFERE WITH THE EXERCISE OF THEIR INDEPENDENCE FROM MANAGEMENT AND THE COUNCIL. THE CHAIRMAN OF THE BOARD OF DIRECTORS CHAIRS THIS COMMITTEE. ALL MEMBERS OF THE COMMITTEE SHALL HAVE A WORKING FAMILIARITY WITH FUNDAMENTAL COMPENSATION PRACTICES. DUTIES AND RESPONSIBILITIES THE PRINCIPAL DUTIES AND RESPONSIBILITIES OF THE COMMITTEE ARE 1) TO APPROVE THE COUNCIL'S COMPENSATION PHILOSOPHY, WHICH INCLUDES SPECIFYING MARKETPLACE DEFINITION AND TARGET COMPENSATION LEVELS RELATIVE TO THE MARKETPLACE; 2) TO EVALUATE THE CEO'S PERFORMANCE IN LIGHT OF THE COUNCIL'S ANNUAL GOALS AND OBJECTIVES AND DETERMINE THE ANNUAL BASE SALARY AND ANNUAL INCENTIVE-BASED COMPENSATION FOR THE CEO; 3) TO REVIEW AND APPROVE THE CEO'S RECOMMENDATIONS REGARDING COMPENSATION FOR OTHER EXECUTIVE STAFF; 4) TO APPROVE ANY EMPLOYMENT CONTRACT APPLICABLE TO THE PRESIDENT/CEO; AND 5) TO PERIODICALLY REVIEW BOTH REGIONAL AND INDUSTRY-WIDE COMPENSATION PRACTICES AND TRENDS IN ORDER TO ASSESS THE APPROPRIATENESS AND COMPETITIVENESS OF THE COUNCIL'S EXECUTIVE COMPENSATION PROGRAMS AMONG COMPARABLE COMPANIES IN THE COUNCIL'S INDUSTRY. IN CONDUCTING THIS PERIODIC REVIEW, THE COMMITTEE SHALL HAVE THE RESOURCES AND AUTHORITY APPROPRIATE TO DISCHARGE ITS RESPONSIBILITIES, INCLUDING THE AUTHORITY TO RETAIN CONSULTANTS, ACCOUNTANTS, AND LEGAL OR OTHER ADVISORS, AT THE COUNCIL'S EXPENSE. ANY CONSULTANTS OR OTHER ADVISORS RETAINED SHALL BE INDEPENDENT AND HAVE APPROPRIATE EXPERTISE REGARDING COMPENSATION ARRANGEMENTS FOR NONPROFIT TAX-EXEMPT CORPORATIONS. PROCESS ANNUAL PERFORMANCE OBJECTIVES ARE DEVELOPED AS A BASIS FOR ASSESSING THE CEO'S ANNUAL PERFORMANCE AND FOR COMPENSATION REWARDS AT YEAR-END. THE PERFORMANCE OBJECTIVES ARE LINKED TO THE COUNCIL'S ANNUAL GOALS AND OBJECTIVES. THEY COMBINE SUBSTANTIVE (E.G. POLICY/GOVERNMENTAL) OBJECTIVES WITH MEASURES OF INTERNAL EFFECTIVENESS (FOR EXAMPLE, MEMBERSHIP AND PERFORMANCE AGAINST BUDGET). THEY ARE WRITTEN TO BE AS CONCRETE AND NUMERICAL AS POSSIBLE. THE CHAIRMAN OF THE BOARD, WITH INVOLVEMENT OF MEMBERS OF THE COMPENSATION OR EXECUTIVE COMMITTEES AS APPROPRIATE, REVIEWS AND APPROVES THESE OBJECTIVES. AT YEAR-END , THE COMPENSATION COMMITTEE CONDUCTS A PERFORMANCE REVIEW OF THE CEO TO DETERMINE THE EXTENT TO WHICH THE ANNUAL PERFORMANCE OBJECTIVES HAVE BEEN MET. THE COMMITTEE MAY SEEK INPUT FROM OTHER MEMBERS OF THE BOARD REGARDING THE CEO'S PERFORMANCE. BASED ON THE PERFORMANCE REVIEW OF THE CEO, THE COMMITTEE WILL DETERMINE THE LEVEL OF INCENTIVE COMPENSATION TO BE AWARDED TO THE CEO FOR THE PREVIOUS YEAR'S PERFORMANCE. THE COMMITTEE WILL ALSO DETERMINE THE BASE SALARY INCREASE FOR THE CEO FOR THE COMING YEAR. IN MAKING THIS DETERMINATION, THE COMMITTEE WILL CONSIDER THE CEO'S CURRENT AND HISTORICAL PERFORMANCE, AS WELL AS RELEVANT MARKET DATA. THE COMMITTEE WILL REVIEW THE CEO'S COMPENSATION DECISIONS REGARDING OTHER EXECUTIVE STAFF TO CONFIRM THAT THEY ARE IN KEEPING WITH THE COUNCIL'S COMPENSATION PHILOSOPHY AND CURRENT MARKET PRACTICE. THE CEO'S COMPENSATION DECISIONS ARE BASED ON THE EXECUTIVE'S ANNUAL PERFORMANCE AGAINST THEIR PERFORMANCE OBJECTIVES, WHICH HAVE BEEN APPROVED BY THE CEO. ADMINISTRATION THE COMMITTEE SHALL MEET AS OFTEN AS NECESSARY TO CARRY OUT ITS RESPONSIBILITIES. A MAJORITY OF THE MEMBERS PRESENT WILL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS, AND ANY ACTION APPROVED BY AT LEAST A MAJORITY OF THE MEMBERS SHALL REPRESENT THE VALID ACTION OF THE COMMITTEE. THE COMMITTEE SHALL MAINTAIN WRITTEN MINUTES OF ALL OF ITS MEETINGS. THE MINUTES SHALL BE CIRCULATED IN DRAFT FORM TO ALL COMMITTEE MEMBERS TO ENSURE ACCURACY AND SHALL BE APPROVED AT A SUBSEQUENT MEETING OF THE COMMITTEE. DOCUMENTATION OF COMMITTEE APPROVALS OF COMPENSATION MAY BE DONE BY EMAIL IF THE APPROVAL BY INDIVIDUAL MEMBERS OF THE COMMITTEE MUST OCCUR AFTER THE CONCLUSION OF AN ACTUAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE COUNCIL ONLY MAKES THE 990S AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE COUNCIL WILL MAKE GOVERNING DOCUMENTS, POLICIES, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO MEMBERS IF REQUESTED. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -497,588. CHANGE IN MINIMUM PENSION LIABILITY -1,300,495. TOTAL TO FORM 990, PART XI, LINE 5: -1,798,083. FORM 990, PART XII, LINE 2C THE AUDIT OVERSIGHT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR COUNCIL'S FEDERAL PAC 1101 17TH STREET NW SUITE 300 WASHINGTON DC 20036 571193100 FEDERAL PAC DC 527 THE PERSONAL CARE PRODUCTS COUNCIL INC 0 COUCIL'S STATE PAC 1101 17TH STREET NW SUITE 300 WASHINGTON DC 20036 540836354 STATE PAC CA 527 THE PERSONAL CARE PRODUCTS COUNCIL INC 0 COUNCIL'S STATE PAC 1101 17TH STREET NW SUITE 300 WASHINGTON DC 20036 141747878 STATE PAC NY 527 THE PERSONAL CARE PRODUCTS COUNCIL INC 0 PERSONAL CARE PRODUCTS COUNCIL-FOUNDATION 1101 17TH STREET NW SUITE 300 WASHINGTON DC 20036 521523017 CANCER PATIENTS EDUCATION DC 501(C)(3) THE PERSONAL CARE PRODUCTS COUNCIL INC 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 PERSONAL CARE PRODUCTS COUNCIL - FOUNDATION M 82610 ACTUAL COSTS PERSONAL CARE PRODUCTS COUNCIL - FOUNDATION N 79328 ACTUAL COST PLUS BENEFIT REC'D PERSONAL CARE PRODUCTS COUNCIL - FOUNDATION P 1141526 ACTUAL REIMBURSEMENT RECEIVED