2024-11-14T17:28:19-06:00 2023-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2023-01-01 410793046 AMERICAN ACADEMY OF DERMATOLOGY INC AMER 8473300230 9500 BRYN MAWR AVE 500 ROSEMONT IL 60018 STEVEN DEBNAR CHIEF FINANCIAL OFFICER 8473300230 2024-11-14 1 1 DAVID LOWENTHAL P00378651 3122071040 2024-11-14 2023 2024-10-15 13:58:12Z STEVEN DEBNAR 9500 BRYN MAWR AVE 500 ROSEMONT IL 60018 66588161 0 X WWW.AAD.ORG X 1959 MN PROMOTING LEADERSHIP IN DERMATOLOGY AND EXCELLENCE IN PATIENT CARE THROUGH EDUCATION, RESEARCH, AND ADVOCACY. 28 20 214 1038 3168091 668238 8965504 10027026 21680712 25674352 -286074 2149031 7838864 8804368 38199006 46654777 2792272 2079690 0 0 22992735 24688705 0 0 1283787 19305924 21238295 45090931 48006690 -6891925 -1351913 93525190 108692113 45813899 57641372 47711291 51050741 X TO ASSURE THAT DERMATOLOGISTS HAVE ACCESS TO THE HIGHEST QUALITY EDUCATION, RESEARCH AND INNOVATIONS IN THE FIELD, AND THAT PATIENTS AND THE PUBLIC HAVE ACCESS TO THE HIGHEST QUALITY MEDICAL AND SURGICAL DERMATOLOGIC CARE AND TO INFORMATION REGARDING PREVENTION, CARE AND TREATMENT OF DERMATOLOGIC CONDITIONS. TO FACILITATE THE EFFICIENT DELIVERY OF QUALITY DERMATOLOGIC CARE, DEVELOP EVIDENCE-BASED CLINICAL GUIDELINES, AND PROMOTE RESEARCH IN AND PREVENTION OF DISEASES OF THE SKIN, HAIR, AND NAILS. 0 0 8585584 931181 22814670 SCIENTIFIC ASSEMBLY - THIS INCLUDES THE ANNUAL AND SUMMER SCIENTIFIC AND EDUCATIONAL MEETINGS. THESE MEETINGS ARE ATTENDED BY MORE THAN 19,000 DERMATOLOGISTS, OTHER PHYSICIANS, ALLIED MEDICAL PERSONNEL, AND OTHERS. THESE TWO PROGRAMS COMBINED PRESENT MORE THAN 500 INDIVIDUAL EDUCATIONAL SESSIONS PROVIDING RESULTS OF CURRENT RESEARCH AND RECENT ADVANCES IN THE DIAGNOSIS, MANAGEMENT AND TREATMENT OF DERMATOLOGIC CONDITIONS AND DISEASES, AND ADDRESS ISSUES OF PATIENT SAFETY, QUALITY OF CARE AND PRACTICE MANAGEMENT IMPROVEMENT. 6168239 1866707 THE AAD'S COMMUNICATIONS TEAM PROVIDES STRATEGIC OVERSIGHT AND DIRECTION THAT GUIDES THE DEVELOPMENT AND IMPLEMENTATION OF MULTI-FACETED COMMUNICATIONS PROGRAMS AIMED AT REINFORCING DERMATOLOGY AS A SPECIALTY COMMITTED TO ADVANCING QUALITY PATIENT CARE THROUGH STATE-OF-THE-ART SCIENTIFIC RESEARCH AND ENCOURAGING PUBLIC UNDERSTANDING OF SKIN HEALTH, THE IMPACT OF SKIN DISEASE ON PATIENTS, AND BEHAVIORS THAT PROMOTE HEALTHY SKIN, HAIR, AND NAILS. 4025893 52080 55946 IN ADDITION TO THE ANNUAL AND SUMMER MEETINGS, EDUCATIONAL ACTIVITIES ARE DELIVERED THROUGH LIVE AND DIGITAL FORMATS THAT INCLUDE VIRTUAL MEETINGS (VMX), REGIONAL COURSES, QUESTION OF THE WEEK, DIALOGUES IN DERMATOLOGY, JOURNAL OF THE AMERICAN ACADEMY OF DERMATOLOGY (JAAD) AND OTHER VARIOUS EDUCATIONAL TOOLS IN ORDER TO SUPPORT DERMATOLOGISTS IN STAYING CURRENT IN PRACTICE AND MEDICAL CERTIFICATION. 16140474 1096429 JOURNAL OF THE AMERICAN ACADEMY OF DERMATOLOGY - THE OFFICIAL CLINICAL JOURNAL OF THE ACADEMY IS PUBLISHED MONTHLY AND FEATURES ORIGINAL, PEER-REVIEWED ARTICLES ON THE LATEST ADVANCES IN THE PREVENTION, DIAGNOSIS, AND TREATMENT OF DERMATOLOGIC DISORDERS. ITS AUDIENCE INCLUDES DERMATOLOGISTS, PEDIATRIC DERMATOLOGISTS, DERMATOLOGIC SURGEONS, DERMATOPATHOLOGISTS, RESIDENTS, AND PHYSICIAN ASSISTANTS AND IT IS INDEXED IN INDEX MEDICUS, SCIENCE CITATION INDEX, CURRENT CONTENTS/CLINICAL MEDICINE, AND MEDLINE. IT HAS A CIRCULATION OF ABOUT 17,500. SCIENCE, RESEARCH, QUALITY AND PRACTICE - INCLUDES THE DISTILLATION AND RATING OF EVIDENCE AND DISSEMINATION OF BEST PRACTICES IN THE PRACTICE OF DERMATOLOGY VIA CLINICAL PRACTICE GUIDELINES, PERFORMANCE MEASURES, AND OTHER TOOLS, SCIENTIFIC SUPPORT FOR PUBLIC AND HEALTH POLICY MESSAGING AND EDUCATIONAL PROGRAMS, AND SURVEY RESEARCH. PROVIDE ACADEMY MEMBERS WITH ASSISTANCE AND EDUCATION RELATED TO APPROPRIATELY RUNNING AN EFFICIENT PRACTICE INCLUDING COMPLIANCE WITH RELEVANT REGULATIONS, IMPLEMENTATION OF HEALTH INFORMATION TECHNOLOGY, QUALITY IMPROVEMENT, AND GENERAL PRACTICE MANAGEMENT ISSUES. OTHER PROGRAM SERVICES - OVER 200 PROGRAMS 16140474 1096429 34920190 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 1 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 260 0 1 214 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 28 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X STEVE DEBNAR 8472401128 9500 W BRYN MAWR AVE 500 ROSEMONT IL 60018 X TERRENCE A CRONIN JR MD PRESIDENT (BEG - 3/2023) 18.75 6.25 X X 156500 0 0 MARK KAUFMANN MD PRESIDENT (THRU - 3/2023) 0.19 0.06 X X 47557 0 0 KENNETH TOMECKI MD IMMEDIATE PAST PRESIDENT (THRU - 3/2023) 0.19 0.06 X X 2000 0 0 SEEMAL R DESAI MD PRESIDENT-ELECT (BEG - 3/2023) 1.50 0.50 X X 45500 0 0 LINDA STEIN GOLD MD VICE PRESIDENT (THRU - 3/2023) 0.19 0.06 X X 11500 0 0 ROBERT S KIRSNER MD VICE PRESIDENT (BEG - 3/2023) 1.50 0.50 X X 34500 0 0 CYNDI J YAG-HOWARD MD VICE PRESIDENT-ELECT (BEG - 3/2023) 0.75 0.25 X X 0 10000 0 DANIEL D BENNETT MD SECRETARY-TREASURER 18.75 6.25 X X 165000 0 0 KEYVAN NOURI MD ASSISTANT SECRETARY-TREASURER 0.75 0.25 X X 94000 0 0 BRUCE A BROD MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 BRENT R MOODY MD BOARD DIRECTOR 0.19 0.06 X 0 5000 0 TODD SCHLESINGER MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 ALLISON T VIDIMOS MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 TAMMIE FERRINGER MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 BRAD P GLICK MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 ADRIAN O RODRIGUEZ MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 RUTH ANN VLEUGELS MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 APRIL ARMSTRONG MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 LINDY FOX MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 MARIA HORDINSKY MD BOARD DIRECTOR 0.19 0.06 X 5000 0 0 JENNIFER LUCAS MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 MURAD ALAM MD BOARD DIRECTOR 0.19 0.06 X 10760 0 0 CHERYL BURGESS MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 NAOMI LAWRENCE MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 AMY MCMICHAEL MD BOARD DIRECTOR 0.19 0.06 X 10000 0 0 ANDREW HART WEINSTEIN MD BOARD DIRECTOR 0.38 0.38 X 0 0 0 LAWRENCE GREEN MD BOARD DIRECTOR 0.19 0.06 X 5000 0 0 ADELAIDE HEBERT MD BOARD DIRECTOR 0.19 0.06 X 0 0 0 ALEXANDER MILLER MD BOARD DIRECTOR 0.19 0.06 X 0 15000 0 ELIZABETH K USHER EXECUTIVE DIRECTOR & CEO 39.36 13.12 X 775136 0 82885 STEVEN J DEBNAR CHIEF FINANCIAL OFFICER 35.51 11.84 X 259399 0 55283 SARAH TANCREDI SENIOR VICE PRESIDENT, OPERATIONS 33.78 11.26 X 357026 0 74348 MELANIE TOLLEY HALL SENIOR VICE PRESIDENT, MARKETING & COMMUNICATIONS 34.07 11.36 X 334326 0 63305 KRISTA KAUPER SENIOR VICE PRESIDENT, MEMBER EXPERIENCE AND STRAT 36.96 12.32 X 328118 0 47309 CACINDA KUHN VICE PRESIDENT, MEMBER RELATIONS & ENGAGEMENT 33.22 11.07 X 279528 0 40142 ERIK HORN SENIOR DIRECTOR INFORMATION TECHNOLOGY & SECURITY 34.02 11.34 X 269543 0 53903 MATTHEW FITZGERALD VICE PRESIDENT, SCIENCE & QUALITY 40.55 4.51 X 292334 0 62673 LEIGHTON RUDY ANDERSON VICE PRESIDENT, DEVELOPMENT & REVENUE 38.87 4.32 X 274427 0 46225 TIMOTHY MOSES SENIOR DIRECTOR, MEETINGS & CONVENTIONS 47.81 0.00 X 265879 0 40991 LARA GRAF DIRECTOR, MEDICAL JOURNALS PUBLISHING 40.94 0.00 X 214634 0 49685 CARYN ETKIN DIRECTOR, CLINICAL REG. & QUALITY SCIENCES 41.38 0.00 X 198102 0 54991 KARRY LA VIOLETTE SENIOR VICE PRESIDENT, ADVOCACY & POLICY 4.20 37.77 X 312704 0 32798 AMY OUTSCHOORN VP, CONTINUING PROFESSIONAL EDUCATION 35.47 3.94 X 280904 0 54172 SHAWN FRIESEN DIRECTOR, LEGISLATIVE, POLITICAL & GRASSROOTS ADVO 0.00 34.51 X 228808 0 111355 SUZANNE LOTHARY DIRECTOR, MARKETING 30.13 10.04 X 208143 0 56341 ROSEMARIE BALK DIRECTOR, STRATEGIC RESEARCH & ANALYTICS 32.33 10.78 X 205627 0 43443 KATHLEEN DOMANOWSKI DIRECTOR, COMMUNICATIONS 30.50 10.17 X 197843 0 55182 MARIBETH LAWS DIRECTOR, ADVOCACY & POLICY OPERATIONS 4.13 37.20 X 197553 0 46137 6067351 30000 1071168 105 0 1 0 ENCORE GROUP (USA) LLC 23918 NETWORK PLACE CHICAGO IL 60673 EQUIPMENT RENTAL SERVICES 2218399 FIGMD INC 2225 GREENBAY DRIVE HANOVER PARK IL 60133 TECHNOLOGY SOLUTIONS 941127 WALSWORTH PUBLISHING COMPANY INC 2180 MAIDEN LANE ST JOSEPH MI 49085 PRINTING SERVICES 294587 MATHEMATICA INC 600 ALEXANDER PARK PRINCETON NJ 08540 CONSULTING SERVICES 231479 NTH DIMENSIONS 22 N MORGAN STE 113 CHICAGO IL 60607 PROFESSIONAL RECRUITMENT SERVICES 230000 55 2667522 7359504 191056 10027026 ANNUAL NAT'L MEETINGS 900099 21790237 21790237 ADVERTISING INCOME 541800 2285389 2285389 INSURANCE CLAIMS INCOME 900099 1125000 1125000 ANNUAL NATIONAL MEETINGS UBI 900099 473726 473726 25674352 1760413 1760413 7512096 7512096 19080720 2929 18695031 0 385689 2929 388618 2929 385689 121127 2667522 1056988 -935861 -935861 1963772 181365 1782407 1782407 AAD.ORG ADVERTISING 900099 408976 408976 OTHER REVENUE 900099 36750 36750 445726 46654777 24737323 3168091 8722337 1041136 1041136 567192 567192 471362 471362 6131836 3180758 2951078 14422316 10197512 3663410 561394 1402045 863843 486405 51797 1627996 1318995 265790 43211 1104512 691619 373403 39490 456017 201396 254621 96541 96541 200989 200989 3839905 3024082 807751 8072 844040 775037 26954 42049 1332623 1178077 89175 65371 2923866 2265131 610929 47806 3873 3873 598901 397861 185575 15465 1240903 877928 289972 73003 7277856 6487944 499338 290574 104101 48481 53736 1884 1318353 823835 462496 32022 560563 346439 204359 9765 UNRELATED BUSINESS INCO 163040 163040 MEMBERSHIP DUES 118291 68826 49465 WRITE OFF/BAD DEBT 80473 80473 RECRUITMENT EXPENSE 46510 46510 31450 8390 21176 1884 48006690 34920190 11802713 1283787 5170682 9275397 1786712 993553 2687052 2297130 5839738 5378354 226709 204603 2247880 2862833 10387542 7202583 3780934 3184959 53492333 58925222 18293150 25570062 93525190 108692113 5379396 5464042 14672878 18056701 2454546 2045455 23307079 32075174 45813899 57641372 X 34267578 37488099 13443713 13562642 47711291 51050741 93525190 108692113 X -1351913 3510870 1180493 X 0 1 X 1 0 X 4688041 3052530 5859613 8929359 9714843 32244386 29965679 25537922 21785390 21680712 25674352 124644055 34653720 28590452 27645003 30610071 35389195 156888441 26850 29461 26452 57975 63381 204119 0 26850 29461 26452 57975 63381 204119 156684322 1568590 1093422 1029121 7403171 24946426 36040730 1568590 1093422 1029121 7403171 24946426 36040730 155872 192074 259828 204994 445726 1258494 36378182 29875948 28933952 38218236 60781347 194187665 0.80690 0.92040 0.18560 0.07320 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: ADVERTISING RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25623397 1250 3301193 218840 453317 100888 28152795 30250534 5000 -4092754 111550 335411 92422 25623397 27786253 -10000 2700506 95776 23601 106848 30250534 25020043 10154 2846542 20000 -651 71137 27786253 21676503 26255 3717082 142345 202122 55330 25020043 0.88890 0.08320 0.02790 0 0 5487855 2749704 2738151 3507400 3193467 313933 1392287 1259412 132875 3184959 DUE FROM RELATED ORGANIZATIONS 19740194 ROU OPERATING LEASE ASSET 5829868 25570062 DUE TO RELATED ORGANIZATIONS 24433148 LEASE LIABILITIES - OPERATING 7642026 32075174 X 51203013 3510870 1238353 4749223 46453790 200987 200987 46654777 47598851 1238353 1238353 46360498 200987 1445205 1646192 48006690 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE ACADEMY'S DERMATOLOGICAL ACADEMIC, PHILANTHROPIC, AND STRATEGIC PROGRAM EXPENSES. EACH FUND AND ITS RELATED PURPOSE IS DESCRIBED BELOW. CAMP DISCOVERY - FORMED IN 1993, THE CAMP DISCOVERY FUND IS USED TO SUPPORT 6 CAMPS EACH SUMMER. THESE OFFER CHILDREN THE OPPORTUNITY TO SPEND A WEEK AMONG OTHER YOUNG PEOPLE WHO HAVE SIMILAR SERIOUS SKIN CONDITIONS, SUCH AS THEIR OWN. MANY OF THE COUNSELORS ALSO HAVE SERIOUS SKIN CONDITIONS, AND CAN PROVIDE SUPPORT AND ADVICE TO CAMPERS. EXCELLENCE IN DERMATOLOGY - THIS ENDOWMENT FUND IS TO ENSURE THE ACADEMY'S LONG-TERM ABILITY TO PROMOTE DERMATOLOGY BY SUPPORTING AAD BOARD-APPROVED PROGRAMS/PROJECTS IN THE AREAS OF PUBLIC AND MEDICAL EDUCATION, HEALTH POLICY, RESEARCH AND HUMANITARIAN SUPPORT. SULZBERGER - THE SULZBERGER INSTITUTE FOR DERMATOLOGIC EDUCATION IS THE ARM OF THE AMERICAN ACADEMY OF DERMATOLOGY THAT PROVIDES GRANT SUPPORT FOR INNOVATIVE INITIATIVES IN EDUCATION AND TECHNOLOGY. GRANTS TYPICALLY PROVIDE SEED FUNDS TO HELP DERMATOLOGISTS BEGIN PROJECTS THAT CAN EVENTUALLY IMPROVE PATIENT CARE. WORLD CONGRESS OF DERMATOLOGY FUND - ESTABLISHED IN 1993 FROM THE SURPLUS OF THE 18TH WORLD CONGRESS, THE FUND IS USED TO SUPPORT THE TRAVEL OF YOUNG PEOPLE FROM DEVELOPING COUNTRIES TO ATTEND THE ACADEMY'S ANNUAL MEETING, AND FOR YOUNG DERMATOLOGISTS FROM THE U.S. TO ATTEND MEETINGS IN OTHER COUNTRIES. LILA GRUBER FUND - THE FUND, ESTABLISHED BY MURRAY GRUBER IN 1983, IS USED TO SUPPORT THE ANNUAL MARION B. SULZBERGER, MD MEMORIAL AWARD AND LECTURESHIP. YOUNG INVESTIGATORS AWARD - THE PURPOSE OF THIS FUND, ESTABLISHED IN 1995, IS TO INSTITUTE A SPECIAL AWARD TO RECOGNIZE RESIDENTS AND RESIDENCY PROGRAMS WHICH HAVE CONTRIBUTED TO RESEARCH IN THE FIELD OF DERMATOLOGY. THE AWARD WILL HONOR OUTSTANDING RESEARCH BY DERMATOLOGISTS IN TRAINING IN THE U.S. AND CANADA, AND THE EDUCATIONAL INSTITUTIONS WHICH HAVE SUPPORTED THEIR EFFORTS. IDEA FUND - THE FUND, ESTABLISHED IN 2003, IS USED EXCLUSIVELY TO SUPPORT THE ACTIVITIES OF PICMED (PROGRAM FOR INNOVATIVE CONTINUING MEDICAL EDUCATION IN DERMATOLOGY). IDEA GRANTS ARE AWARDED FOR PROGRAMS THAT INCORPORATE INNOVATIVE TEACHING STRATEGIES OR UTILIZE INNOVATIVE CONTENT-DELIVERY MECHANISMS. PART X, LINE 2: AAD IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). AADA IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(6). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ACADEMY AND RECOGNIZE A TAX LIABILITY IF THE ACADEMY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVENTORY COSTS NETTED AGAINST REVENUES 181,365. FUNDRAISING EXPENSES NETTED AGAINST REVENUES 1,056,988. PART XII, LINE 2D - OTHER ADJUSTMENTS: INVENTORY COSTS NETTED AGAINST REVENUES 181,365. FUNDRAISING EXPENSES NETTED AGAINST REVENUES 1,056,988. PART XII, LINE 4B - OTHER ADJUSTMENTS: COMPENSATION ALLOCATED FROM AFFILIATED ORGANIZATION 1,444,334. RETURNED GRANT FUNDS 867. ROUNDING 4. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 2 RESIDENTS' INTERNATIONAL GRANT GRANTS TO RECIPIENTS IN THE REGION 3400 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 1 RESIDENTS' INTERNATIONAL GRANT GRANTS TO RECIPIENTS IN THE REGION 2500 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 1 RESIDENTS' INTERNATIONAL GRANT GRANTS TO RECIPIENTS IN THE REGION 1504 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 1 STRATEGIC ALLIANCES-GENERAL GRANTS TO RECIPIENTS IN THE REGION 37500 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 5 INTERNATIONAL PROGRAMS GRANTS TO RECIPIENTS IN THE REGION 2200 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 21 INTERNATIONAL PROGRAMS GRANTS TO RECIPIENTS IN THE REGION 16800 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 4 INTERNATIONAL PROGRAMS GRANTS TO RECIPIENTS IN THE REGION 2600 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 3 INTERNATIONAL PROGRAMS GRANTS TO RECIPIENTS IN THE REGION 900 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 8 INTERNATIONAL PROGRAMS GRANTS TO RECIPIENTS IN THE REGION 5200 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 4 INTERNATIONAL PROGRAMS GRANTS TO RECIPIENTS IN THE REGION 3300 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 3 INTERNATIONAL PROGRAMS GRANTS TO RECIPIENTS IN THE REGION 900 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 2 WORLD CONGRESS SCHOLARSHIPS GRANTS TO RECIPIENTS IN THE REGION 2750 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 13 WORLD CONGRESS SCHOLARSHIPS GRANTS TO RECIPIENTS IN THE REGION 22750 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 10 WORLD CONGRESS SCHOLARSHIPS GRANTS TO RECIPIENTS IN THE REGION 16750 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 18 WORLD CONGRESS SCHOLARSHIPS GRANTS TO RECIPIENTS IN THE REGION 37000 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 1 WORLD CONGRESS SCHOLARSHIPS GRANTS TO RECIPIENTS IN THE REGION 1750 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 6 WORLD CONGRESS SCHOLARSHIPS GRANTS TO RECIPIENTS IN THE REGION 10500 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 7 WORLD CONGRESS SCHOLARSHIPS GRANTS TO RECIPIENTS IN THE REGION 10000 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 3 WORLD CONGRESS SCHOLARSHIPS GRANTS TO RECIPIENTS IN THE REGION 4500 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 43 RESIDENT AM STIPEND GRANTS TO RECIPIENTS IN THE REGION 21500 0 38 0 118 0 156 67404 136900 204304 EUROPE (INCLUDING ICELAND & GREENLAND) STRATEGIC ALLIANCE - GENERAL 37500 CHECK 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 1 1504 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 2 3400 SOUTH ASIA 1 2500 0 0 0 0 0 0 PART I, LINE 2: EDUCATIONAL GRANTS ARE PAID OUT AFTER THE ACADEMY RECEIVES THE AGREED UPON EDUCATIONAL RESEARCH FROM THE INSTITUTE. TRAVEL GRANTS ARE PAID AFTER RECEIPTS ARE RECEIVED. PRESIDENT'S GALA 2463527 2342400 121127 640 337519 255208 89763 253405 SKIN CANCER TAKE A HIKE 325122 325122 227 120226 2788649 2667522 121127 640 337746 255208 89763 373631 1056988 -935861 1 BRIGHAM & WOMEN'S HOSPITAL RESEARCH 75 FRANCIS STREET BOSTON MA 02115 042312909 501(C)(3) 176727 0 AAD HAIR GRANTS TRUSTEES OF THE UNIV OF PENNSYLVANIA 3451 WALNUT STREET P221 FRANKLIN BUILDING PHILADELPHIA PA 19104 231352685 501(C)(3) 150000 0 AAD HAIR GRANTS WILDLIFE CONSERVATION SOCIETY 2300 SOUTHERN BOULEVARD BRONX NY 10460 131740011 501(C)(3) 100000 0 INDIVIDUAL GIVING WAKE FOREST UNIV HEALTH SCIENCES MEDICAL CENTER BOULEVARD WINSTONSALEM NC 27157 223849199 501(C)(3) 100000 0 AAD HAIR GRANTS JOHNS HOPKINS UNIV 3910 KESWICK ROAD N4327-B BALTIMORE MD 21211 520595110 501(C)(3) 88364 0 AAD HAIR GRANTS DERMATOLOGY FOUNDATION 1560 SHERMAN AVENUE SUITE 500 EVANSTON IL 602014806 046115524 501(C)(3) 41250 0 DELEGATES/OTHER ORGANIZATIONS PLAY AND PARK STRUCTURES 544 CHESTNUT ST CHATTANOOGA TN 37402 200173831 501(C)(3) 26056 0 SHADE STRUCTURES SOCIETY FOR INVESTIGATIVE DERMATOLOGY 526 SUPERIOR AVE EAST SUITE 340 CLEVELAND OH 44114 231361165 501(C)(3) 22500 0 WORLD CONGRESS SCHOLARSHIPS HENNEPIN HEALTHCARE RESEARCH INSTITUTE 701 PARK AVENUE MINNEAPOLIS MN 55415 411677920 501(C)(3) 20000 0 INNOV DERM EDUC AWARD (IDEA) AMERICAN CONTACT DERMATITIS SOCIETY 555 E WELLS STREET SUITE 1100 MILWAUKEE WI 53202 363741184 501(C)(3) 15000 0 SULZBERGER INSTITUTE GENERAL HOSPITAL CORPTHE 55 FRUIT ST BAR 616 BOSTON MA 021142621 042697983 501(C)(3) 12500 0 RESIDENT AM STIPEND NEW YORK UNIVERSITY MEDICAL CENTER 240 E 38TH ST FL 11 NEW YORK NY 100162708 135562308 501(C)(3) 10000 0 RESIDENT AM STIPEND WASHINGTON UNIV SCHOOL OF MEDICINE 660 S EUCLID AVE SAINT LOUIS MO 631101010 430653611 501(C)(3) 9000 0 RESIDENT AM STIPEND MONTEFIORE MEDICAL CENTER 111 EAST 210TH STREET BRONX NY 10467 131740114 501(C)(3) 8500 0 RESIDENT AM STIPEND SCISSORTAIL PARK FOUNDATION INC 301 W RENO OKLAHOMA CITY OK 73102 811857531 501(C)(3) 8000 0 SHADE STRUCTURES SAINT ALBERT THE GREAT 6667 WALLINGS RD NORTH ROYALTON OH 44133 346007209 501(C)(3) 8000 0 SHADE STRUCTURES POLE GREEN ELEMENTARY PTA 8993 POLE GREEN PARK LANE MECHANICSVILLE VA 23116 311719137 501(C)(3) 8000 0 SHADE STRUCTURES ADKINS ARBORETUM 12610 EVELAND ROAD RIDGELY MD 21660 521163405 501(C)(3) 8000 0 SHADE STRUCTURES CITY OF MOUNTAIN HOME PO BOX 10 160 S 3RD E MOUNTAIN HOME ID 83647 826000229 501(C)(3) 8000 0 SHADE STRUCTURES BITTERROOT AQUATIC CENTER FOUNDATION INC 59 KRUTZ LANE HAMILTON MT 59840 871891242 501(C)(3) 8000 0 SHADE STRUCTURES ELMM COMMUNITY CTR 21 DURKEE STREET WINCHESER NH 03470 020223391 501(C)(3) 8000 0 SHADE STRUCTURES YMCA OF THE PIKES PEAK REGION 207 N NEVADA AVE COLORADO SPRINGS CO 80903 840404266 501(C)(3) 8000 0 SHADE STRUCTURES JENKINTOWN BOROUGH 700 SUMMIT AVENUE JENKINTOWN PA 19046 236002877 501(C)(3) 8000 0 SHADE STRUCTURES UNIVERSITY OF ALABAMA AT BRMINGHAM 510 20TH STREET SOUTH BIRMINGHAM AL 35233 630649108 501(C)(3) 7500 0 RESIDENT AM STIPEND OREGON HEALTH & SCIENCE UNIVERSITY 3303 SW BOND AVE PORTLAND OR 972394501 931176109 501(C)(3) 7000 0 RESIDENT AM STIPEND BROWN DERMATOLOGY INC 593 EDDY ST PROVIDENCE RI 029034923 812847155 501(C)(3) 7000 0 RESIDENT AM STIPEND OREGON HEALTH SCIENCE UNIVERSITY 3181 SW SAM JACKSON PARK ROAD PORTLAND OR 97239 931176109 501(C)(3) 6840 0 SULZBERGER INSTITUTE MAYO CLINIC - ROCHESTER 200 1ST SW ROCHESTER MN 55905 416011702 501(C)(3) 6500 0 RESIDENT AM STIPEND YALE UNIVERSITY SCHOOL OF MEDICINE 333 CEDAR ST PO BOX 208059 NEW HAVEN CT 065208059 060646973 501(C)(3) 5500 0 RESIDENT AM STIPEND REGENTS OF THE UNIVERSITY OF MINNESOTA 2221 UNIVERSITY AVE SE SUITE 100 MINNEAPOLIS MN 55414 416007513 501(C)(3) 5500 0 RESIDENT AM STIPEND UNIVERSITY OF TENNESSEE 930 MADISON AVE STE 840 MEMPHIS TN 38163 626001636 501(C)(3) 5500 0 RESIDENT AM STIPEND 31 0 RESIDENTS' INTERNATIONAL GRANT 9 14277 GOOD SKIN KNOWLEDGE 51 18648 RESIDENT AM STIPEND TO US AND CANADIAN RESIDENTS PATIENT SAFETY & QUALITY CMTE 13 13700 STATE SOCIETY DEVELOPMENT 25 42600 INTERNATIONAL VOLUNTEER PRGMS 5 18750 PATHWAYS-NTHDIM/MED STUDENTS 46 17250 PATHWAYS-MENTOR/INTERNSHIPS 23 25875 RESIDENT AM STIPEND 868 434000 PART I, LINE 2: SHADE STRUCTURES PROTECT PEOPLE AND EQUIPMENT FROM HARMFUL SUN RAYS AND HELP KEEP OUTDOOR SURFACES SHADED AND COOL. IF AN ORGANIZATION RECEIVES A GRANT FOR A SHADE STRUCTURE, THE ORGANIZATION, BEFORE IT RECEIVES A CHECK, MUST PROVIDE THE ACADEMY WITH BID DOCUMENTS FROM A CONTRACTOR, A MEMBER OF THE ASSOCIATION ATTENDS THE GROUND BREAKING CEREMONY, AND THE ORGANIZATION PROVIDES THE ACADEMY WITH PICTURES OF THE COMPLETED STRUCTURE. EDUCATIONAL GRANTS ARE PAID OUT AFTER THE ACADEMY RECEIVES THE AGREED UPON DOCUMENTATION FROM THE INSTITUTE. X X X 1 1 X X X X X 1 1 0 0 0 1 1 1 1 0 ELIZABETH K USHER EXECUTIVE DIRECTOR & CEO 661371 0 91943 0 21822 0 42390 0 40495 0 858021 0 91943 0 SARAH TANCREDI SENIOR VICE PRESIDENT, OPERATIONS 326093 0 24891 0 6042 0 38320 0 36028 0 431374 0 0 0 MELANIE TOLLEY HALL SENIOR VICE PRESIDENT, MARKETING & C 295519 0 32765 0 6042 0 36760 0 26545 0 397631 0 0 0 KRISTA KAUPER SENIOR VICE PRESIDENT, MEMBER EXPERI 297227 0 24507 0 6384 0 35717 0 11592 0 375427 0 0 0 MATTHEW FITZGERALD VICE PRESIDENT, SCIENCE & QUALITY 263323 0 22523 0 6488 0 32824 0 29849 0 355007 0 0 0 KARRY LA VIOLETTE SENIOR VICE PRESIDENT, ADVOCACY & PO 294677 0 12675 0 5352 0 18761 0 14037 0 345502 0 0 0 SHAWN FRIESEN DIRECTOR, LEGISLATIVE, POLITICAL & G 153985 0 17846 0 56977 0 81873 0 29482 0 340163 0 0 0 AMY OUTSCHOORN VP, CONTINUING PROFESSIONAL EDUCATIO 259070 0 16794 0 5040 0 17241 0 36931 0 335076 0 0 0 ERIK HORN SENIOR DIRECTOR INFORMATION TECHNOLO 245101 0 23888 0 554 0 19581 0 34322 0 323446 0 0 0 LEIGHTON RUDY ANDERSON VICE PRESIDENT, DEVELOPMENT & REVENU 248611 0 20776 0 5040 0 30413 0 15812 0 320652 0 0 0 CACINDA KUHN VICE PRESIDENT, MEMBER RELATIONS & E 251780 0 21364 0 6384 0 17526 0 22616 0 319670 0 0 0 STEVEN J DEBNAR CHIEF FINANCIAL OFFICER 234304 0 18504 0 6591 0 28841 0 26442 0 314682 0 0 0 TIMOTHY MOSES SENIOR DIRECTOR, MEETINGS & CONVENTI 242681 0 21614 0 1584 0 29399 0 11592 0 306870 0 0 0 SUZANNE LOTHARY DIRECTOR, MARKETING 189501 0 18123 0 519 0 23822 0 32519 0 264484 0 0 0 LARA GRAF DIRECTOR, MEDICAL JOURNALS PUBLISHIN 197016 0 16586 0 1032 0 24391 0 25294 0 264319 0 0 0 CARYN ETKIN DIRECTOR, CLINICAL REG. & QUALITY SC 178719 0 18804 0 579 0 22690 0 32301 0 253093 0 0 0 KATHLEEN DOMANOWSKI DIRECTOR, COMMUNICATIONS 179943 0 17348 0 552 0 22685 0 32497 0 253025 0 0 0 ROSEMARIE BALK DIRECTOR, STRATEGIC RESEARCH & ANALY 187115 0 17372 0 1140 0 23089 0 20354 0 249070 0 0 0 MARIBETH LAWS DIRECTOR, ADVOCACY & POLICY OPERATIO 171689 0 24832 0 1032 0 22569 0 23568 0 243690 0 0 0 DANIEL D BENNETT MD SECRETARY-TREASURER 165000 0 0 0 0 0 0 0 0 0 165000 0 0 0 TERRENCE A CRONIN JR MD PRESIDENT (BEG - 3/2023) 156500 0 0 0 0 0 0 0 0 0 156500 0 0 0 PART I, LINE 1A FIRST CLASS IS ALLOWED FOR THE PRESIDENT, SECRETARY-TREASURERS, AND EXECUTIVE DIRECTOR/CEO, BY WRITTEN POLICY, ON FLIGHTS OF THREE HOURS OR MORE. TRAVEL FOR COMPANIONS, BY WRITTEN POLICY, FOR THE PRESIDENT, SECRETARY-TREASURERS, AND EXECUTIVE DIRECTOR/CEO, MAY BE ALLOWED WHEN TRAVELING AS AN OFFICIAL REPRESENTATIVE OF THE ACADEMY FOR WHICH THE EXPECTED LENGTH OF STAY IS THREE DAYS OR LONGER, OR AT WHICH THE SOCIAL ACTIVITIES ARE A STRONG COMPONENT OF THE MEETING. ON OCCASION, RECOGNIZED STAFF RECEIVE GIFT CARDS WITH VALUES RANGING FROM $25-$200, THE VALUE OF THESE CARDS ARE GROSSED-UP AND INCLUDED IN THE EMPLOYEE'S W-2. PART I, LINES 4A-B SHAWN FRIESEN RECEIVED A SEVERANCE PAYMENT OF $35,603.76. THE ORGANIZATION MAINTAINS A SEC. 457(F) PLAN FOR THE CEO. UNDER THE PLAN UP TO 5% OF CEO BASE COMPENSATION IS ACCRUED TO THE ACCOUNT. THE PLAN BALANCES ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE AND VEST AT A FUTURE SPECIFIED TIME. DURING 2023, THE ORGANIZATION CREDITED THE CEO'S ACCOUNT. NO DISTRIBUTIONS WERE MADE DURING 2023. PART I, LINE 6 INCENTIVE COMPENSATION PROGRAM FOR ALL LEVELS OF STAFF HAVE A GOAL ON REACHING BUDGET NET SURPLUS. PART I, LINE 7 AS REPORTED IN SCHEDULE J, PART II, THE FOLLOWING PEOPLE RECEIVED BONUSES APPROVED BY THE EXECUTIVE DIRECTOR, FOR ACCOMPLISHMENT OF SIGNIFICANT WORK/ITEMS: ROSEMARIE BALK, KATHLEEN DOMANOWSKI, CARYN ETKIN, ERIK HORN, SUZANNE LOTHARY, TIMOTHY MOSES, MELANIE TOLLEY HALL PART I, LINE 8 INITIAL CONTRACT EXCEPTION IN FORCE FOR CONTRACT WITH EXECUTIVE DIRECTOR. THE ORGANIZATION FOLLOWS STRINGENT GUIDELINES DESIGNED TO CREATE A REBUTTABLE PRESUMPTION OF REASONABLENESS FOR APPLICABLE COMPENSATION ARRANGEMENTS. SEE SCHEDULE O EXPLANATION APPLICABLE TO PART VI LINE 15 FOR FURTHER EXPLANATION OF THE COMPENSATION PROCESS. X 22 191056 COST - WEB & VENDOR 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 AAD IS AN ASSOCIATION REPRESENTING APPROXIMATELY 19,500 DERMATOLOGISTS, WHO BECOME MEMBERS OF THE ACADEMY. THE ACADEMY HAS NINE CLASSES OF MEMBERS BUT ONLY FELLOWS AND LIFE AND HONORARY MEMBERS WHO WERE FELLOWS ARE ELIGIBLE TO VOTE AND SERVE IN ANY ELECTIVE OFFICE. MEMBERS ANNUALLY ELECT THE PRESIDENT TO A THREE YEAR TERM AS PRESIDENT ELECT, PRESIDENT, AND PAST PRESIDENT AND VICE-PRESIDENT TO TWO YEAR TERM AS VICE-PRESIDENT ELECT AND VICE PRESIDENT. ADDITIONALLY, MEMBERS ALSO ELECT FOUR DIRECTORS TO SERVE A FOUR YEAR TERM. PROPOSED AMENDMENTS TO THE BY-LAWS BY THE BOARD OF DIRECTORS ARE SUBJECT TO APPROVAL BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A SEE EXPLANATION OF LINE 6 ABOVE. FORM 990, PART VI, SECTION A, LINE 7B SEE EXPLANATION OF LINE 6 ABOVE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINED THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO THE BOARD OF DIRECTORS PRIOR TO FILING. THE RETURN IS POSTED ON A SECURED WEB SITE FOR THEIR REVIEW. BOARD MEMBERS ARE GIVEN A REASONABLE PERIOD OF TIME TO CONTACT EITHER MANAGEMENT OR THE CPA FIRM WITH ANY QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, COMMITTEE MEMBERS, EDITORS, SPEAKERS, AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AS A PRECURSOR TO THEIR SERVICE TO THE ORGANIZATION. DETAILED BELOW IS THE DISCLOSURE PROCESS: DISCLOSURE PROCESS 1. THE INDIVIDUALS COVERED ARE REQUIRED TO ELECTRONICALLY SUBMIT A DISCLOSURE STATEMENT ACKNOWLEDGING A DUTY TO SERVE THE ACADEMY IN GOOD FAITH AND WITH UNDIVIDED LOYALTY. THESE INDIVIDUALS ARE TO DESCRIBE ALL PERSONAL OR PROFESSIONAL CIRCUMSTANCES WHICH MIGHT CREATE A POTENTIAL CONFLICT OF INTEREST WITH THE INTERESTS OF THE ACADEMY. ACCOMPANYING THIS POLICY STATEMENT AS EXHIBIT A IS A SAMPLE COPY OF SUCH A DISCLOSURE STATEMENT. MEMBERS WHO DO NOT SUBMIT A YEARLY CONFLICT OF INTEREST DISCLOSURE, MAY LOSE THE RIGHT TO HOLD OFFICE AND SERVE IN THE GOVERNANCE STRUCTURE AND, EXCEPT IN UNUSUAL CIRCUMSTANCES APPROVED IN ADVANCE BY THE BOARD OF DIRECTORS, TO PARTICIPATE IN ACADEMY PROGRAMS AS A FACULTY MEMBER, PRESENTER, OR SCIENTIFIC EXHIBIT CONTRIBUTOR. REVIEW PROCESS 1. OFFICERS, DIRECTORS, CHAIRS AND MEMBERS OF COUNCILS, COMMITTEES, AND TASK FORCES, THE EDITORS OF JAAD AND SENIOR STAFF WILL SUBMIT THEIR STATEMENTS DIRECTLY ONTO THE ACADEMY WEBSITE WITH OVERSIGHT BY THE SECRETARY TREASURER. 2. THE STATEMENTS ARE PROVIDED AT EVERY COMMITTEE MEETING TO ALL COMMITTEE MEMBERS. IF NECESSARY, THE CHAIRMEN WILL FORWARD THOSE THAT APPEAR TO HAVE CONFLICTS WHICH COULD PREVENT THEM FROM SERVING TO THE SECRETARY-TREASURER WITH ANY RELEVANT OBSERVATIONS OR RECOMMENDATIONS. 3. THE SECRETARY-TREASURER WILL REVIEW ALL STATEMENTS SUBMITTED FOR FURTHER REVIEW AND IF NECESSARY WILL FORWARD TO THE ETHICS COMMITTEE, WHILE AT THE SAME TIME INFORMING THE BOARD OF DIRECTORS OF ANY CONFLICTS THAT APPEAR ESPECIALLY SIGNIFICANT. IF FURTHER CLARIFICATION IS NEEDED THE ETHICS COMMITTEE WILL UTILIZE THE ACADEMY OVERSIGHT COMMITTEE. 4. THE ETHICS COMMITTEE WILL REVIEW AND INITIATE ANY REQUEST FOR FURTHER INFORMATION AND PROMPTLY PREPARE A REPORT TO THE SECRETARY-TREASURER REGARDING ITS FINDINGS. THE SECRETARY-TREASURER WILL REPORT TO THE BOARD OF DIRECTORS ON ANY ITEMS FOUND BY THE COMMITTEE TO BE OF SPECIAL SIGNIFICANCE. ALL ELECTRONIC DISCLOSURE STATEMENTS WILL BE RETAINED ON THE ACADEMY SERVER. THEY WILL BE AVAILABLE ELECTRONICALLY FOR REVIEW BY MEMBERS OF THE BOARD OF DIRECTORS AND STAFF, AND UPON REQUEST BY ACADEMY MEMBERS. THEY WILL BE AVAILABLE TO THE COUNCIL, COMMITTEE AND TASK FORCE MEMBERS TO REVIEW PRIOR TO ALL CONFERENCE CALLS AND MEETINGS. ALL MEMBERS FILING AN ANNUAL DISCLOSURE STATEMENT WILL BE OBLIGATED TO PROMPTLY UPDATE ANY CHANGE IN CIRCUMSTANCES WHICH MIGHT GIVE RISE TO AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. MEMBERS ALSO SHOULD VERBALLY DISCLOSE AND UPDATE THEIR CONFLICT OF INTEREST FORM FOR ANY RELEVANT CONFLICTS THAT MAY OCCUR DURING A CONFERENCE CALL OR MEETING THAT DO NOT ALREADY APPEAR ON THE DISCLOSURE FORM. CHAIRS OF COUNCILS, COMMITTEE AND TASK FORCES ARE REQUIRED TO INCLUDE IN THE SUMMATION REPORT ANY CONFLICT OF INTERESTS THAT HAVE BEEN EXPRESSED BY A MEMBER DURING A MEETING OR CONFERENCE CALL. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR: IT HAS BEEN STANDARD PRACTICE FOR THE ACADEMY TO COMPLY WITH THE INTERNAL REVENUE CODES SECTION 4958, FOLLOWING BEST PRACTICES FOR ENSURING COMPLIANCE AND ESTABLISHING A REBUTTABLE PRESUMPTION OF REASONABLENESS AS IT RELATES TO COMPENSATION. THE ACADEMY USES FAIR MARKET VALUE TO DETERMINE CASH AND NON-CASH COMPENSATION FOR THE EXECUTIVE DIRECTOR/CEO. FAIR MARKET VALUE IS BASED ON MARKET DATA. MARKET DATA MAY BE COLLECTED FROM A VARIETY OF METHODS, INCLUDING PUBLISHED OR OFF THE SHELVES SURVEYS, SURVEYS MANAGED BY THIRD PARTY CONSULTANTS, COMPENSATION ANALYSIS PERFORMED BY THIRD PARTY CONSULTANTS, AND SURVEYS MANAGED BY A GROUP OF ORGANIZATIONS. THE COMPETITIVE MARKET IS TYPICALLY DEFINED IN TERMS OF REVENUE AND COMPANY SIZE. TO DEFINE COMPETITIVE MARKET THE ACADEMY CONSIDERS THE FOLLOWING AS VALID RESOURCES FOR COMPARABLE MARKET DATA:COMPANIES WITH SIMILAR OPERATING BUDGET; COMPANIES WITH ROUGHLY SAME NUMBER OF EMPLOYEES; AND COMPANIES WHO OPERATE UNDER LIKE CIRCUMSTANCES. COMPENSATION DECISIONS ARE RECOMMENDED BY THE COMPENSATION COMMITTEE THAT CONSISTS OF INDEPENDENT OFFICERS OF THE BOARD OF DIRECTORS AND APPROVED BY THE BOARD OF DIRECTORS. THE DECISIONS ARE BASED ON ANALYSIS OF COMPARABLE MARKET DATA. OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION: KEY EMPLOYEES OF THE ORGANIZATION'S COMPENSATION ARE DETERMINED IN THE SAME FASHION OF THE EXECUTIVE DIRECTOR ALTHOUGH THEIR COMPENSATION DECISIONS ARE APPROVED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE ON THE ACADEMY'S WEB SITE FOR THE MEMBERSHIP AND PUBLIC TO VIEW. THE ANNUAL FINANCIAL STATEMENTS ARE PUBLISHED IN DERMATOLOGY WORLD, THE ACADEMY'S MAGAZINE, AND ARE AVAILABLE ON GUIDESTAR. FORM 990, PART VII, SECTION A, LINE 1A THE COMPENSATION REPORTED IN PART VII IS THE COMPENSATION PAID BY THE FILING ORGANIZATION AMERICAN ACADEMY OF DERMATOLGY (AAD) FOR A FULL-TIME POSITION. HOWEVER, A PORTION OF THE VARIOUS INDIVIDUAL'S TIME IS DEVOTED TO A RELATED ORGANIZATION, AMERICAN ACADEMY OF DERMATOLOGY ASSOCIATION, INC. (AADA). THE FILING ORGANIZATION IS REIMBURSED BY AADA. THE ORGANIZATION ESTIMATES THE APPROXIMATE HOURS PER WEEK DEDICATED TO AADA AND AAD. FORM 990, PART XI, LINE 9: OFFICER COMPENSATION ALLOCATED TO AADA 1,444,334. RETURNED GRANT FUNDS 867. RELATED PARTY TRANSFERS -264,708. AMERICAN ACADEMY OF DERMATOLOGY ASSOCIATION INC 9500 W BRYN MAWR AVE 500 ROSEMONT IL 60018 364367987 TO REPRESENT THE INTERESTS OF DERMATOLOGISTS AND THEIR PATIENTS. IL 501(C)(6) 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0