2012-11-12T09:02:22-06:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2011-07-01 410122284 AMERICAN REGISTRY OF RADIOLOGIC TECHNOLOGISTS AMER 6516870048 1255 NORTHLAND DRIVE ST PAUL MN 55120 WILLIAM MURTAUGH 6516870048 2012-10-29 1 XIAOYAN LUO P01305207 6123764500 2011 2016-02-24 21:20:13Z JERRY REID 1255 NORTHLAND DRIVE ST PAUL MN 55120 16088281 0 X WWW.ARRT.ORG X 1936 MN RECOGNIZE QUALIFIED INDIVIDUALS IN MEDICAL IMAGING, INTERVENTIONAL PROCEDURES AND RADIATION THERAPY. 9 9 76 147 68101 0 0 0 16733732 15726780 1438635 -127189 38456 48855 18210823 15648446 0 0 0 0 5820810 6208243 0 0 0 8352449 7800218 14173259 14008461 4037564 1639985 48313288 48785996 3453899 3654943 44859389 45131053 TO PROMOTE HIGH STANDARDS OF PATIENT CARE BY RECOGNIZING QUALIFIED INDIVIDUALS IN MEDICAL IMAGING, INTERVENTIONAL PROCEDURES AND RADIATION THERAPY. 0 0 REGISTRATION - RECOGNIZE INDIVIDUALS WHO CONTINUE TO DEMONSTRATE THEIR QUALIFICATIONS THROUGH ADHERENCE TO THE STANDARDS OF PROFESSIONAL BEHAVIOR AND COMPLIANCE WITH THE CONTINUING EDUCATION REQUIREMENTS. THE ORGANIZATION HAD OVER 315,000 TECHNOLOGISTS REGISTERED DURING THE YEAR ENDED JUNE 30, 2012. CERTIFICATION - DEVELOP AND ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE MODALITY TO ADOPT AND UPHOLD STANDARDS FOR EDUCATIONAL PREPARATION FOR ENTRY INTO THE PROFESSION. THE ORGANIZATION EXAMINED OVER 25,000 CANDIDATES FOR CERTIFICATION DURING THE YEAR ENDED JUNE 30, 2012. LICENSURE - ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE MODALITY FOR STATE LICENSURE. THE ORGANIZATION EXAMINED OVER 6,000 CANDIDATES FOR LICENSURE DURING THE YEAR ENDED JUNE 30, 2012. 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 81 0 76 1 1 1 0 0 0 0 0 X 9 9 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X WILLIAM MURTAUGH 6516870048 1255 NORTHLAND DRIVE ST PAUL MN 55120 EILEEN M MALONEY 1.00 X X 6000 0 0 KEVIN RUSH 1.00 X X 7000 0 0 GARY GUSTAFSON 1.00 X X 0 0 0 KENNETH W CHIN MD 1.00 X 3000 0 0 JEFFREY L CROWLEY 1.00 X 6000 0 0 MICHAEL DELVECCHIO 1.00 X 4000 0 0 JAY HAROLDS MD 1.00 X 5000 0 0 STEVE M HERRMANN 1.00 X 0 0 0 ANN OBERGFELL 1.00 X 4000 0 0 LESLIE SCOUTT 1.00 X 3000 0 0 JERRY REID 40.00 X 336254 0 34209 WILLIAM MURTAUGH 40.00 X 151348 0 38358 VIRGINIA HASELHUHN 40.00 X 152689 0 27540 LAUREN WOOD 40.00 X 112568 0 19929 PHIL MCCULLOUGH 40.00 X 126409 0 27991 MICHAEL YOES 40.00 X 114916 0 27503 CHRISTOPHER COOK 40.00 X 108502 0 17137 1140686 0 192667 8 0 1 0 NCS PEARSON INC ONE LAKE ST UPPER SADDLE RIVER NJ 07458 APPLICANT TESTING 2393296 BLUE CROSS BLUE SHIELD OF MN 3535 BLUE CROSS RD EAGAN MN 55122 HEALTH INSURANCE PROVIDER 740956 QUALITY RESOURCE GROUP INC 12795 16TH AVE N PLYMOUTH MN 55441 PRINTING/MAILING SERVICES 695069 DORSEY & WHITNEY LLP 50 S SIXTH ST 1500 MINNEAPOLIS MN 55402 LEGAL COUNSEL 422691 PITNEY BOWES PO BOX 223648 PITTSBURGH PA 15250 POSTAGE/MAILING SERVICES 340000 5 REGISTRATION 541900 9461504 9396688 64816 CERTIFICATION 541900 5162495 5162495 LICENSURE 541900 1051050 1051050 SERVICE 541900 43556 40271 3285 ETHICS 541900 8175 8175 15726780 312646 312646 439835 -439835 -439835 -439835 MISCELLANEOUS REVENUE 900099 48855 48855 48855 15648446 15658679 68101 -78334 759480 3894976 392661 802701 358425 365187 18290 225529 150593 265152 244683 1647608 40580 633665 42692 725185 662619 51563 COMPUTER BASED EXAM FEE 2387512 BANK SERVICE CHARGES 185497 STAFF/TRUSTEE DEVELOPMT 68326 DUES, MEMBRSHPS, SUBSCR 42007 43530 14008461 3358 3545 1366872 1880858 53603 49885 35382 35308 307423 391423 16385568 5666442 11200786 10719126 35278784 35628791 67080 77060 48313288 48785996 2194512 2073949 1169900 1476700 89487 104294 3453899 3654943 X 44859389 45131053 44859389 45131053 48313288 48785996 X 1639985 -1368321 X 0 1 1 X 0 77060 X BUILDING ORNATION 0 2994680 2994680 9647914 2814616 6833298 3742974 2851826 891148 10719126 ACCRUED PENSION CONTRIBUTION 104294 104294 15648446 14008461 1639985 -1368321 -1368321 271664 15775635 0 15775635 -127189 -127189 15648446 13857868 0 13857868 150593 150593 14008461 PART III, LINE 4: THE ORGANIZATION HAD ART CREATED FOR DISPLAY IN ITS OFFICE BUILDING TO CREATE AN ATMOSPHERE IN SUPPORT AND ADVANCEMENT OF THE FIELD OF RADIOLOGY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION QUALIFIES AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND THE REGULATIONS OF THE STATE OF MINNESOTA AND IS, THEREFORE, EXEMPT FROM FEDERAL AND MINNESOTA INCOME TAXES. THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S TAX RETURNS ARE OPEN TO EXAMINATIONS FOR THE YEARS ENDED JUNE 30, 2009, 2010, AND 2011. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST AND DIVIDEND INCOME 312,646. REALIZED GAIN ON LONG-TERM FUND -439,835. CENTRAL AMERICA AND THE CARIBBEAN - INVESTMENTS N/A 9575412 EAST ASIA AND THE PACIFIC - INVESTMENTS N/A 14203 EUROPE (INCLUDING ICELAND & GREENLAND) - INVESTMENTS N/A 4919078 MIDDLE EAST AND NORTH AFRICA - INVESTMENTS N/A 25261 NORTH AMERICA - CANADA AND MEXICO, BUT INVESTMENTS N/A 4411277 0 0 0 0 0 0 18945231 0 18945231 1 0 1 1 0 0 X X X X X 0 0 0 JERRY REID 288288 0 0 0 47966 0 26950 0 7259 0 370463 0 0 0 WILLIAM MURTAUGH 132461 0 0 0 18887 0 16958 0 21400 0 189706 0 0 0 VIRGINIA HASELHUHN 127043 0 0 0 25646 0 13649 0 13891 0 180229 0 0 0 PHIL MCCULLOUGH 110740 0 0 0 15669 0 14100 0 13891 0 154400 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JANUARY 1, 2014, A NOMINATING PROCESS WILL REPLACE THE CURRENT TRUSTEE APPOINTMENT PROCESS. FORM 990, PART VI, SECTION A, LINE 7A TRUSTEES WHO ARE TECHNOLOGISTS SHALL BE APPOINTED BY THE AMERICAN SOCIETY OF RADIOLOGIC TECHNOLOGISTS. TRUSTEES WHO ARE PHYSICIANS SHALL BE APPOINTED BY THE AMERICAN COLLEGE OF RADIOLOGY. ONCE THE TERM OF AN APPOINTED TRUSTEE HAS COMMENCED, THE APPOINTING ORGANIZATION SHALL NOT HAVE THE POWER OR AUTHORITY TO REMOVE THE TRUSTEE PRIOR TO COMPLETION OF THAT TRUSTEE'S TERM. IN THE EVENT THAT AN APPOINTING ORGANIZATION FAILS TO NOTIFY ARRT OF THE APPOINTMENT OR RE-APPOINTMENT OF A TRUSTEE AT LEAST NINETY (90) DAYS PRIOR TO THE END OF A TERM AS DESCRIBED IN THE BYLAWS, SECTION 2, THE BOARD OF TRUSTEES MAY, UPON MAJORITY VOTE OF ALL TRUSTEES THEN SERVING, FILL THE VACANCY WITH AN INDIVIDUAL MEETING THE QUALIFICATIONS AS NOTED IN THIS SECTION. OTHER ORGANIZATIONS MAY BECOME ELIGIBLE TO APPOINT TRUSTEES OF THE CORPORATION UPON RECOMMENDATION OF THE BOARD AND APPROVAL OF ALL ORGANIZATIONS AT THAT TIME ELIGIBLE TO APPOINT TRUSTEES OF THE CORPORATION. EFFECTIVE JANUARY 1, 2014, A NOMINATING PROCESS WILL REPLACE THE CURRENT APPOINTMENT PROCESS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE REVIEWED AND APPROVED BY THE ENTIRE BOARD OF TRUSTEES PRIOR TO FILING RETURN. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND TRUSTEES ARE REQUIRED TO ANNUALLY REPORT IN WRITING ANY INTERESTS OR PARTICIPATION IN OTHER ORGANIZATIONS AND CAUSES. OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE TO THE BOARD A CONFLICT OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST BETWEEN ANNUAL REPORTS. INDIVIDUALS WITH POTENTIAL OR ACTUAL CONFLICTS ARE NOT COUNTED FOR PURPOSES OF A QUORUM AND ABSTAIN FROM VOTING ON AND INFLUENCING ANY ACTION TAKEN WITH RESPECT TO ANY MATTER WHICH MAY BE AFFECTED BY SUCH CONFLICT. DETERMINATIONS ARE MADE BY THE REMAINING MEMBERS THAT DO NOT HAVE AN INTEREST IN THE TRANSACTION. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR - THE FULL BOARD OF TRUSTEES MEETS IN AN EXECUTIVE SESSION TO REVIEW THE EXECUTIVE DIRECTOR'S PERFORMANCE AND ADJUSTS COMPENSATION BASED UPON THAT REVIEW USING THE APPROPRIATE COMPARABILITY DATA AND DOCUMENTATION OF THE DELIBERATION AND DECISION. THIS PROCESS WAS LAST CONDUCTED IN 2012 FOR EXECUTIVE DIRECTOR, JERRY REID. OTHER OFFICERS OR KEY EMPLOYEES - THE EXECUTIVE DIRECTOR, WITH GUIDANCE FROM THE BOARD OF TRUSTEES, DETERMINES COMPENSATION INCREASES WITH THE ADDITIONAL INPUT FROM SUPERVISING DIRECTORS AND MANAGERS USING THE APPROPRIATE COMPARABILITY DATA AND DOCUMENTATION OF THE DELIBERATION AND DECISION. THIS PROCESS WAS LAST CONDUCTED IN 2012 FOR CHIEF FINANCIAL OFFICER, WILLIAM MURTAUGH AND THE SENIOR DIRECTOR OF OPERATIONS, VIRGINIA HASELHUHN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC ON THEIR WEBSITE AND UPON REQUEST. THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,368,321.