2012-08-08T12:55:45-05:00 2011-10-31 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2010-11-01 590784548 PRINT SERVICES AND DISTRIBUTION ASSOCIATION (PSDA) PRIN 3123215120 401 N MICHIGAN AVE NO 2200 CHICAGO IL 60611 MATT SANDERSON 3123215120 2012-06-20 1 GREGORY S ADAMS 6305738600 2010 2016-02-24 21:20:13Z MATT SANDERSON 401 N MICHIGAN AVE NO 2200 CHICAGO IL 60611 4578306 0 X WWW.PSDA.ORG X 1946 DC TO PROMOTE INNOVATION AND DEVELOPMENT WITHIN THE PRINT FORMS INDUSTRY. 11 11 32 50 703675 0 0 935043 3354428 1711179 19474 811234 15688 27206 3389590 3484662 0 0 0 0 1856760 85773 0 0 0 2313020 2561664 4169780 2647437 -780190 837225 2367898 2086090 1797490 705496 570408 1380594 X PSDA IS DEDICATED TO ENHANCING THE SUCCESS OF THE DISTRIBUTOR CHANNEL FOR BUSINESS COMMUNICATIONS, INCLUDING PRINT, MARKETING AND RELATED SERVICES. PSDA MEMBER DISTRIBUTORS, TRADE PRINTERS, SUPPLIERS AND TECHNOLOGY PARTNERS WORK TOGETHER TO PROVIDE DIFFERENTIATED SOLUTIONS TO END USER CUSTOMERS. 0 0 PSDA IS A PROFESSIONAL MEMBERSHIP ORGANIZATION REPRESENTING THE DISTRIBUTOR CHANNEL FOR BUSINESS COMMUNICATIONS, INCLUDING PRINT, MARKETING AND RELATED SERVICES. THE ASSOCIATION HAS REPRESENTED THE INTEREST OF ITS MEMBERS AND PROMOTED THE INDUSTRY FOR OVER 65 YEARS. PSDA PROMOTES INNOVATION AND DEVELOPMENT WITHIN THE INDUSTRY AND PROVIDES MEMBERS WITH EDUCATION, RESOURCES AND NETWORKING OPPORTUNITIES. PSDA FACILITATES AND ENCOURAGES DISCOURSE AMONG DISTRIBUTORS, TRADE PRINTERS, SUPPLIERS AND TECHNOLOGY PARTNERS TO PROMOTE DEVELOPMENT, GROWTH AND THE ADVANCEMENT OF THE INDUSTRY. 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 32 1 1 1 0 0 0 0 0 X 11 11 0 1 0 0 1 1 1 1 1 0 0 1 0 0 1 1 1 0 X SMITHBUCKLIN CORPORATION 3123215120 401 N MICHIGAN AVENUE CHICAGO IL 60611 X BILL PRETTYMAN 1.00 X 0 0 0 JOE WEBB 1.00 X 0 0 0 GEORGE CRUMP-NON VOTING 1.00 X 0 0 0 TRESSA MCLAUGHLIN 1.00 X 0 0 0 JOEL CHYKE 1.00 X 0 0 0 BRIAN COATS 1.00 X 0 0 0 BRIAN FRITSCHE 1.00 X 0 0 0 MELISSA KLUG 1.00 X 0 0 0 RAY MCCABE 1.00 X 0 0 0 ROBERT OHR 1.00 X 0 0 0 DENNY POTTEBAUM 1.00 X 0 0 0 ROBERT WHITMAN 1.00 X 0 0 0 0 0 0 0 0 0 0 SMITHBUCKLIN CORPORATION 401 N MICHIGAN AVENUE CHICAGO IL 60611 MANAGEMENT SERVICES 1993095 1 935043 935043 MEETINGS AND CONFERENC 900099 875754 875754 PUBLICATION ADS AND SU 541800 706278 2603 703675 PROGRAM GRANTS 900099 112260 112260 SERVICES TO MEMBERS 900099 10154 10154 SCHOOLS AND EDUCATIONA 900099 6733 6733 1711179 15674 15674 10095 10095 439204 1450000 390476 703168 48728 746832 795560 795560 MAILING LISTS SALES 900099 10200 10200 MISCELLANEOUS 900099 6911 6911 17111 3484662 1845944 703675 0 85773 1299965 8018 88200 31306 5794 30828 69049 521117 13106 22471 PUBLICATIONS EXPENSE 309219 REORGANIZATION COSTS 43082 COMMITTEE EXPENSES 42851 BANK FEES 37255 MISCELLANEOUS 16299 23104 2647437 219821 1050544 424103 194102 9366 12642 174214 63498 562388 978006 765304 2367898 2086090 749648 238530 647842 266363 400000 200603 1797490 705496 X 570408 1380594 570408 1380594 2367898 2086090 X 837225 -27039 X X 0 1 1 X 0 0 3484662 2647437 837225 -27039 -27039 810186 3457623 -27039 -27039 3484662 0 3484662 2647437 0 2647437 0 2647437 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC). CERTAIN ACTIVITIES UNRELATED TO THE ASSOCIATION'S EXEMPT PURPOSE, SUCH AS PUBLICATION ADVERTISING, ARE SUBJECT TO INCOME TAXES. THE ASSOCIATION AND ITS AFFILIATE HAVE ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ASSOCIATION AND ITS AFFILIATE HAVE DETERMINED THAT THEY ARE NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED OCTOBER 31, 2011 AND 2010. THE FEDERAL AND STATE TAX RETURNS OF THE ASSOCIATION AND ITS AFFILIATE FOR 2007, 2008 AND 2009 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION RETAINED A MANAGEMENT COMPANY DURING THE FISCAL YEAR TO PROVIDE DAY-TO-DAY MANAGEMENT OF THE ASSOCIATIONS OPERATIONS AND FINANCIAL AFFAIRS. FORM 990, PART VI, SECTION A, LINE 6 THE PSDA BYLAWS STATE THAT THERE SHALL BE TWO CLASSES OF MEMBERS, VOTING AND NON-VOTING. A VOTING MEMBER SHALL BE DEFINED AS A PROPRIETOR, PARTNERSHIP, FIRM, FRANCHISE, CORPORATION, OR DIVISION ENGAGED IN WHOLE OR IN PART IN THE SUPPLY, MANUFACTURE, OR DISTRIBUTION OF BUSINESS PRINTING AND/OR RELATED PRODUCTS AND SERVICES THROUGH ALL MARKETING CHANNELS TO EVENTUALLY SERVE THE ULTIMATE CUSTOMER. A NON-VOTING MEMBER SHALL BE DEFINED AS AN INSTITUTION OF HIGHER LEARNING,VOCATIONAL EDUCATION FACILITY, RESEARCH OR CONSULTING ORGANIZATION ENGAGED IN EDUCATION, TRAINING,OR RESEARCH ASSOCIATED WITH THE INDUSTRY. FORM 990, PART VI, SECTION A, LINE 7A THE PSDA BYLAWS STATE THE LEADERSHIP AND GOVERNANCE COMMITTEE SHALL IDENTIFY CANDIDATES FOR OFFICER AND DIRECTOR POSITIONS AND SHALL NOMINATE ONE PERSON FOR EACH VACANT POSITION. ADDITIONAL NOMINEES WILL BE ADDED TO THE BALLOT IF A PETITION FOR AN ADDITIONAL CANDIDATE, SIGNED BY AT LEAST TEN PERCENT (10) OF THE VOTING MEMBERSHIP, IS RECEIVED BY THE EXECUTIVE VICE PRESIDENT AT LEAST 120 DAYS PRIOR TO THE ANNUAL MEETING. IN THE EVENT THERE ARE NO ADDITIONAL NOMINEES, THE NOMINEES SHALL BE DEEMED TO BE ELECTED BY ACCLIMATION. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF THE ASSOCIATION ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT FORM 990 IS REVIEWED PRIOR TO FILING WITH THE IRS FORM 990, PART VI, SECTION B, LINE 12 GOVERNING DOCUMENTS REQUIRE DISCLOSURE OF ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD AND COMPENSATION COMMITTEE REVIEW COMPARABLE COMPENSATION AND BENEFIT PACKAGES FOR THE EXECUTIVE VICE PRESIDENT AND KEY EMPLOYEES FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, APPLICATION OF EXPEMTION AND FORM 990 ARE MADE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -27,039. FORM 990, PART XI, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITORS. THIS POLICY HAS NOT CHANGED FROM THE PREVIOUS YEAR. PRINT EDUCATION AND RESEARCH FOUNDATION 401 N MICHIGAN AVE SUITE 2200 CHICAGO IL 60611 521542298 EDUCATION AND RESEARCH DC 501(C)(3) 509(A)(3) N/A 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PRINT EDUCATION AND RESEARCH FOUNDATION C 112260 PRINT EDUCATION AND RESEARCH FOUNDATION D 12642