2012-08-10T13:41:47-07:00 2011-12-31 990 2011-01-01 135582579 National Assn of Chain Drug Stores Inc NATI 7035493001 413 N Lee St Alexandria VA 22314 R James Huber 2012-08-10 2011 2016-02-24 21:20:13Z 65890934 false false X www.nacds.org X 1933 VA To advance the interests and objectives of the chain community pharmacy industry, by fostering its growth and promoting its role as a provider of healthcare services and consumer products. 26 26 83 50 253053 205719 0 32055993 32555720 3203003 2836011 22017 15501 35281013 35407232 8975 19500 0 14112458 16359800 0 0 13439829 14297511 27561262 30676811 7719751 4730421 49915573 52312147 27468416 26641015 22447157 25671132 X To advance the interests and objectives of the chain community pharmacy industry, by fostering its growth and promoting its role as a provider of healthcare services and consumer products. false false ANNUAL MEETING - 2,000+ registrants. Directors and officers are elected. Key addresses by chairman of the board, president, and guest speakers. Provides attendees information regarding business, management, merchandising, operations, etc. Provides a forum for executive-level member communication. CONFERENCES AND TRADE SHOWS - 5,000+ registrants. Four conferences held annually. Topics addressed include general merchandising trends, pharmacy and professional issues, health programs and operational concerns of regional chain drug store retailers. Exhibit hall format with some general business sessions included. FEDERAL AND STATE GOVERNMENT AFFAIRS PROGRAMS - Congressional relations program designed to communicate industry issues of concern to members of Congress; legislative and regulatory liaison designed to keep members informed on important legislative and regulatory developments. Similar program at the state government level. false false true false true false false false false false true false false true true true false true false false false false false false false false false true false true false false false false false false false false false false false false false false false false true true true false false true 56 0 true 83 true true true false false false false true true false false false false false false false X 26 26 true false false false true true false true true false false false true true true true true true true true true true X R James Huber 7035493001 413 N Lee Street Alexandria VA 22314 Sharon Sternheim 1.00 X 0 0 0 John Standley 1.00 X 0 0 0 Mary Sammons 1.00 X 0 0 0 Thomas M Ryan 1.00 X 0 0 0 Craig C Painter 1.00 X 0 0 0 Steven J Oliva 1.00 X 0 0 0 Larry J Merlo 1.00 X 0 0 0 Steve Kaczynski 1.00 X 0 0 0 Michael C Kaufmann 1.00 X 0 0 0 Paul C Julian 1.00 X 0 0 0 Richard J Hartig 1.00 X 0 0 0 Mark E Griffin 1.00 X 0 0 0 Andrew A Giancamilli 1.00 X 0 0 0 Lynne Fruth 1.00 X 0 0 0 Christopher T Dimos RPh 1.00 X 0 0 0 Kermit Crawford RPh 1.00 X 0 0 0 Joe Courtright 1.00 X 0 0 0 Jerry D Cline 1.00 X 0 0 0 Anthony N Civello 1.00 X 0 0 0 Paul E Beahm 1.00 X 0 0 0 George D Bartell 1.00 X 0 0 0 Jose Barra 1.00 X 0 0 0 John Agwunobi MD 1.00 X 0 0 0 Robert J Narveson 5.00 X 0 0 0 Gregory D Wasson 5.00 X 0 0 0 Robert D Loeffler 5.00 X 0 0 0 R James Huber 40.00 X 452703 0 133633 Steven C Anderson IOMCAE 40.00 X 1554282 0 646681 James A Whitman 40.00 X 1127551 0 285035 Edith A Rosato 40.00 X 280431 0 97278 Christopher P Krese 40.00 X 376335 0 50912 Carol A Kelly 40.00 X 677753 0 35265 Donald L Bell 40.00 X 479957 0 98700 Paul T Kelly 40.00 X 231889 0 51446 David M Fitzsimmons 40.00 X 222777 0 97567 Julie H Khani 40.00 X 223640 0 52540 Mary Ellen Kleiman 40.00 X 222946 0 40704 Terrence Arth 40.00 X 213458 0 148723 6063722 1738484 40 false true false MA Convention Ctr Authority 415 Summer St Boston MA 02210 Convention Services 557264 Levy Restaurants 415 Summer St Boston MA 02210 Food Services 985505 GES Exposition Services Inc 7050 Lindell Ave Las Vegas NV 89118 Trade Show Set-up 481874 Blue Worldwide 1875 Eye St NW Washington DC 20006 Advertising 1066674 APS Inc 899-J Airport Park Road Glen Burnie MD 21061 Event Planning/Logis 2357058 18 0 Publication Sales 33932 33932 Membership Dues 8127277 8127277 Industry Legal suppt 344338 344338 Conference/Trade Show 23797120 23797120 Advertising 253053 253053 32555720 1206164 1206164 0 12043 12043 0 31192463 921086 30483498 204 708965 920882 1629847 1629847 0 0 0 Miscellaneous 3458 3458 3458 35407232 8505547 253053 26648632 19500 0 0 0 6296516 0 7087278 1702078 652935 620993 0 457617 69000 531905 0 89980 403575 1067683 145189 365413 0 956652 499400 0 7780023 100881 0 354927 74218 Tax Expense- Fed/State 96138 Printing and Publications 173299 Library Subs & Mbr Dues 338156 Credit Card and Bank fees 388253 Coalition Sponsorship/Contribs 214460 190742 30676811 0 0 0 1156334 1586261 10725679 6097470 0 3829837 4453818 0 0 1940268 1890288 0 697059 1471303 4084820 2732203 1616583 1352617 27007447 32836820 0 0 0 2942366 2623570 49915573 52312147 7124236 6975117 17774735 17929785 2569444 1736111 1 2 27468416 26641015 X 22447157 25671132 22447157 25671132 49915573 52312147 X 4730421 -1506446 X false true true X false false 52925 52925 52925 true Friends to Reelect N H Conway 17 W Courtland St 210 Bel Air MD 21014 263977641 500 Nathan Deal for Governor PO Box 2495 Gainesville GA 30503 264800781 500 NYS Dem Campgn Cmte 107 Washington Ave 1LL Albany NY 12208 133041656 1000 P Guinn Campaign 101 Pinehaven Circle Clinton MS 39056 453261946 1000 Senator Mark DeSaulnier 1005 12th Street H Sacramento CA 95814 263921014 1000 Emler for State Senate 1457 Shawnee Road Lindsborg KS 67456 453459849 250 Wagle for State Senate 4 Sagebrush Wichita KS 67230 000002354 250 Schmidt for State Sen 5906 SW 43rd Court Topeka KS 666101632 260491870 250 Kelly for State Senate 234 SW Greenwood Ave Topeka KS 666061228 453459849 250 Holland for State Sen 961 E 1600 Road PO Box 165 Baldwin City KS 66006 303769017 250 Weber for State Rep Box 804 Dodge City KS 67801 275239182 250 ONeal for State Rep 8 Windemere Court Hutchinson KS 67502 000006776 250 Landwehr for State Rep 2837 N Edwards Street Wichita KS 67204 000005086 250 Mast for State Rep 765 Road 110 Emporia KS 66801 000008735 250 Hill for State Rep 1720 Luther Emporia KS 66801 460488112 250 Schwab for State Rep 14953 W 140th Terr Olathe KS 66062 000001731 250 Colloton for State Rep 2513 W 118th St Leawood KS 66211 453364816 250 T Reeves for Lt Gov PO Box 24355 Jackson MS 392254355 200790765 1000 Friends of Phil Bryant PO Box 321226 Flowood MS 39232 640905756 1000 WA Sen Rep Campgn Cmte PO Box 11025 Olympia WA 98508 910987396 800 WA Sen Democ Campgn Cmte PO Box 45042 Seattle WA 98145 916163985 800 WA House Rep Org Com PO Box 7222 Olympia WA 985077222 916177625 800 WA House Dem Campgn Cmte 1000 Aurora Avenue N 100 Seattle WA 98109 916178946 800 Citizens for LtGov B Owen PO Box 1426 Shelton WA 98584 760843646 800 Friends of Keith Hodges PO Box 615 Gloucester VA 23061 300686169 250 Friends of S Chris Jones PO Box 5059 Suffolk VA 23435 912063051 1500 ROCKIE 527 Contrib 2279 East 7th Avenue Denver CO 80206 300622043 1000 Shannon Butler Stronger CO 3892 Xavier Street Denver CO 80212 273028625 525 Christopher D Howes 2279 E 7th Av Pkwy Denver CO 80202 000008422 525 Charlie Sheffield 828 17th Street 901 Denver CO 80202 270567305 525 Cmte to Elect S Hammond 8404 Gracious Pine Avenue Las Vegas NV 89143 452924552 500 Cmte to Elect R McArthur 4640 Panoramic Circle Las Vegas NV 89129 263241551 500 Cmte to Reelect Peggy Pierce 5304 Gipsy Avenue Las Vegas NV 89107 760469068 500 Hickey for Assembly 25 1180 Forest Street Reno NV 89509 272874691 1000 Woodbury for Assmbly 9500 West Flamingo Blvd 203 Las Vegas NV 89147 262659273 500 Sherwood for Assembly 2397 Brockton Way Henderson NV 89704 271685217 500 Friends of M Kirkpatrick 4747 Showdown Drive North Las Vegas NV 89031 200990079 1000 Cmte to Elect Lynn Stewart 1025 Belle River Court Henderson NV 89052 510510316 500 Cmte to Elect John Hambrick 1930 Village Ctr Cr 3-419 Las Vegas NV 89134 743236685 500 Cmte to Elect John Ellison 461 S 9th Street Elko NV 89801 272911360 500 Cmte to Elect J Settelmeyer 770 Highway 395 Minden NV 89423 261501331 1000 Ira Hansen for Assmbly 68 Amigo Court Sparks NV 89441 272890043 500 Goedhart for Assembly PO Box 277 Armargosa Valley NV 89020 263000673 500 Debbie Smith Campaign 3270 Wilma Drive Las Vegas NV 89431 880467783 1000 Hardy for State Assembly PO Box 601 Mesquite NV 89024 273034887 1000 Citizens for Hannon 1 Commerce Plaza Ste 402 Albany NY 12210 112416066 1000 Move ME Ahead PAC PO Box 5060 Augusta ME 04332 271893129 500 Sandoval for Governor PO Box 370297 Las Vegas NV 89137 270930428 1000 Mitchell for Assmbly 2012 1100 O Street 200 Sacramento CA 95814 274005658 1000 Hernandez for Senate 2014 NCP Assoc 556 S Fair Oaks Av Pasadena CA 91007 273758761 1000 Mansoor for Assmbly 2012 7185 Navajo Road P San Diego CA 92119 264647699 1000 IN Sen Majority Campgn Cmte PO Box 2182 Indianapolis IN 46206 351519681 1000 IN Sen Dem Campgn Cmte 115 W Washington St 1165 Indianapolis IN 46204 352115773 1000 Indiana Retailers PAC One N Capitol 430 Indianapolis IN 46204 350242682 1000 IN House Rep Campgn Cmte PO Box 44054 Indianapolis IN 46244 351470780 1000 IN House Dem Campgn Cmte One N Capitol 200 Indianapolis IN 46204 521177393 1000 Dale Erdey Campaign PO Box 400 Livingston LA 70754 043669908 500 Sagebrush Leadership Fd 6465 Laredo Street Las Vegas NV 89146 800267652 1000 Rep Legis Deleg Campaign Cmte PO Box 44422 Baton Rouge LA 708044422 721259311 1000 LA Dem Party Delegation 701 Government Street Baton Rouge LA 70802 720748953 1000 Sherry Cheek Campaign 9973 Mansfield Road Keithville LA 71047 000009814 500 R Johns Campaign Fd PO Box 1609 Sulphur Springs LA 70664 912064819 1500 R Nowlin Campaign Fd 816 University Parkway C Natchitoches LA 71457 260257816 250 R Burford Campaign Fd 816 University Parkway E Stoneweall LA 71028 000001731 250 John LaBruzzo Campaign 1427 Choctaw Avenue Metaririe LA 70005 000000873 250 HB LeBas Campaign Fd PO Box 370 Ville Platte LA 70586 000002568 250 Fred Mills Campaign 4711-A Main Highway St Martinville LA 70582 261639940 500 David Heitmeier Campaign Fd PO Box 740338 New Orleans LA 701740338 000001657 500 Friends of Pete Hammen 1010 Hull St 202 Baltimore MD 21230 113644542 500 Bocanegra for Assmbly 2012 1100 O Street Suite 200 Sacramento CA 95814 273261851 1000 Galgiani for Sec of State 650 W Eaton Avenue Tracy CA 95376 275256719 1000 Skinner Assmbly 2012 1005 12th Street Suite H Sacramento CA 95814 274113621 1000 Friends of Shawn Z Tarrant PO Box 67047 Baltimore MD 21215 861072412 100 Hayashi for State Senate 2014 1100 O Street Suite 200 Sacramento CA 95814 274791529 1000 DeFrancisco Reelection Cmte PO Box 7122 Capitol Sta Albany NY 12223 202635739 1000 IMPAC 332 West State Street Trenton NJ 08618 222629212 1000 John Perez for Assembly 2012 Lombardo Gilles PO Box 2119 Salinas CA 93902 232039118 1000 false false false 8127277 3453022 3453022 3819820 21459 9747 11712 3318279 1981788 1336491 745082 740668 4414 1352617 Retirement Plan Assets 723570 2623570 Rounding 2 2 Part X Part X : FIN48 Footnote Since the Taxpayer's consolidated audit includes its Foundation and Political Action Committee, the following is taken from the part of the footnote related to this taxpayer:Income taxes: The Association is generally exempt from income taxes on income under the provisions of Section 501(c)(6) of the Internal Revenue Code. Income from nonexempt functions is subject to unrelated business income tax. The Association had income tax expense, relating to advertising income, of $96,138 and $69,800 for the years ended December 31, 2011 and 2010, respectively. Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The Association follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Association 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 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 Association's tax positions and concluded that the Association had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. Generally, the Association 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 Part XI, Line 8: Other Changes in Net Assets or Fund Balances SFAS 158 Pension Adjustment $ -0 Rounding $ -0 true Natl Chamber Foundatio 1615 H St NW Washington DC 20062 526073268 501(c)(3) 10000 0 Actual Cost Support Foundation Programs 1 0 Grantmaker's Description of How Grants are Used Taxpayer does not make formal grants, but may give to other 501(c) orgs as memorial contributions for industry members, or to support the annual dinners of local trade associations. X X X X true true X X X X X X false true false Terrence Arth 186102 27539 -183 131467 17256 362181 Steven C Anderson IOMCAE 1056231 440160 57891 620788 25893 2200963 R James Huber 329476 81490 41737 115341 18292 586336 Paul T Kelly 182289 30160 19440 24560 26886 283335 Mary Ellen Kleiman 182257 28111 12578 39256 1448 263650 Julie H Khani 195775 28927 -1062 28582 23958 276180 James A Whitman 330389 83430 713732 258902 26133 1412586 672291 Edith A Rosato 244749 35682 86061 11217 377709 Donald L Bell 379353 89528 11076 71361 27339 578657 David M Fitzsimmons 181701 29286 11790 69326 28241 320344 Christopher P Krese 293242 69525 13568 25886 25026 427247 Carol A Kelly 529489 124728 23536 24500 10765 713018 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. Additional Information for Sch J, Part I Questions:First Class travel is allowed for the CEO for longer flights only, and is used sparingly.Companion travel is rare, and when it does occur, it is included as taxable income on the employee's W-2.Tax gross up is used when paying a deferred comp. payment from the Supplemental Executive Retirement Plan.Health Club dues are reimbursed up to $200 per year and are included on the employee's W-2. Part VII, Section A, Column B - Hours for Related Organizations Edith A. Rosato worked approximately 20 hrs per week for the NACDS Foundation, a related organization. David M. Fitzsimmons worked approximately 2 hrs per week for the NACDS Foundation. Page 1, Item G- Gross Receipts Gross Receipts per item G on page 1 is higher than total revenue reported on page 1 line 12, because sales of investments are reported gross on item G, whereas they are reported only at the "gain or loss on the sale" amount on line 12.Transfers to/from the taxpayer's investment accounts and checking account have not been included in gross receipts.Taxpayer engages a professional investment advisor to manage Long-Term investments. The amount invested has been relatively constant in the $20-25 million range for several years. As the investment manager re-allocates among various mutual funds during the year, this shows as a "Gross Receipt" on Page 1- Item G, even though this is not technically a new receipt of outside money to the organization.Page 1, line 12 provides a more accurate total for the taxpayer's total receipts for the year. Balance Sheet - Other Assets Explanation Included in Other Assets on the Balance Sheet is a $1.9 million investment in SureScripts,LLC. One aspect of SureScripts' business is transmission of electronic prescriptions. Taxpayer made an investment in SureScripts to help it initially get up and running. Taxpayer owns approximately 25% of SureScripts, but does not believe this constitutes control, given the current ownership structure. The investment is shown at original cost, less a valuation allowance. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The taxpayer's governing documents, conflict of interest policy, and audited financial statements are available to the general public upon request. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Form 990 Executive Compensation:Q15a. Taxpayer has a Human Resources Committee of the Board of Directors for review, discussion and approval of the CEO's salary and annual performance-based bonus award. The CEO's compensation is benchmarked annually by an independent compensation analysis firm that uses appropriate comparable data, including 990's of other organizations and compensation studies. The data and analysis is provided to the Committee. Records of the process and the resulting determination are kept within the Committee meeting minutes.Q15b. Taxpayer uses comparable compensation data to benchmark other officers and key employees of the organization. An independent compensation analysis firm is utilized to routinely review and compare our established, board-approved compensation program with comparable organizations. The Human Resources Committee of the Board of Directors reviews and discusses compensation for officers and key employees. The President & CEO has the final authority on other officers and key employees compensation. Records of the process and the resulting determination are kept within the Committee meeting minutes. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization's conflict of interest policy requires directors and employees to notify the taxpayer of any conflicts. In order to monitor and enforce compliance with the policy, directors are reminded of the policy at every Board meeting and Executive Committee meeting, and directors and key employees are provided annually with a questionnaire regarding conflicts and a list of the taxpayers directors, key employees, and vendors, for purposes of determining if a conflict of interest exists. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process A copy of the form 990 is made available to the Directors for their review prior to filing. The Directors are instructed to contact the CFO or VP Finance if they have any questions regarding the return. After a reasonable period of time, the forms are filed if there are no further questions. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Classes of Membership- Membership in The Corporation is divided into three classes: Active, Associate, and International.Active Members- Any person, firm, or corporation engaged in operating for-profit retail drug stores or other for-profit community retail pharmacies shall be eligible for Active Membership in The Corporation, including operators of four or more for-profit retail drug stores or other for-profit community retail pharmacies that are subsidiaries of, owned by, or directly or indirectly controlled by a not-for-profit organization. Associate Members- Any person, firm, corporation, or organization actively engaged in supplying goods or services to the profession of pharmacy, the drug industry, retail drug stores or other for-profit community retail pharmacies shall be eligible for Associate Membership in The Corporation. International Members- Any person, firm, corporation, or organization located in and organized under the laws of a jurisdiction outside of the United States and engaged in operating for-profit retail drug stores or other for-profit community retail pharmacies or actively engaged in supplying goods or services to the profession of pharmacy, drug industry, retail drug stores or other for-profit community retail pharmacies shall be eligible for International Membership. Form 990, Part VI, Line 2 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Business Relationships among the Board: In four instances, two board members represent the same member company: Walgreens- Gregory D. Wasson and Kermit Crawford, RPh; CVS/Caremark- Larry J. Merlo and Thomas M. Ryan; Rite Aid- Mary Sammons and John Standley; Wal-Mart- John Agwunobi, MD and Paul E. Beahm. Form 990, Part III, Line 4d Form 990, Part III, Line 4d : Other Program Services Description OTHER PROGRAM SERVICES 4: PHARMACY OPERATIONS PROGRAMS - Various programs to communicate industry positions and views in areas of chain community pharmacy and health care. Liaison with other allied trade associations and state boards of pharmacy to address pharmacy practices and professional issues which affect chain drug store operations. OTHER PROGRAM SERVICES 5: OTHER PROGRAM SERVICES - Various other services to members including regulatory compliance on industry issues, membership directory, resource center, public relations and communications, and front-end retail technology. NACDS Political Action Committee 413 N Lee St Alexandria VA 22314 541603961 Political Action Committee VA 527 National Assn of Chain Drug Stores Inc true NACDS Foundation Inc 413 N Lee St Alexandria VA 22314 510144922 501(C)(3) Supporting Organization VA 501(C)(3) Type 1 Supporting National Assn of Chain Drug Stores Inc true false false false false false false false false false false false false true true false true false true NACDS Foundation Inc r 21000 Fair Market Val NACDS Foundation Inc p 115461 Actual Cost NACDS Foundation Inc n 450623 Actual Cost NACDS Foundation Inc m 37665 Actual Cost Relationship with Other Orgs Taxpayer and another 501(c)(6) org. each control 50% of a 3rd 501(c)(6) org.- The Institute for the Advancement of Community Pharmacy, Inc. (Tax ID# 54-1924721). Though this does not qualify under the Sch. R definition of control, taxpayer and the other 501(c)(6) support this 3rd organization by reimbursing its operating expenses, and by providing staff support free of charge.