2025-02-10T07:23:55-06:00 2024-03-31 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2023-04-01 340711559 NATIONAL ASSOCIATION OF COLLEGE STORES NATI 4407757777 528 EAST LORAIN STREET OBERLIN OH 440741294 FRANK SULEN CFO 4407757777 2025-02-07 1 0 CHRISTOPHER B ANDERSON P00226559 2163630100 2023 2025-03-06 01:10:19Z ED SCHLICHENMAYER 528 EAST LORAIN STREET OBERLIN OH 44074 380299 0 X WWW.NACS.ORG X 1923 OH NACS SERVES AS THE PRIMARY RESOURCE FOR THOSE BUSINESS PROFESSIONALS MANAGING AND WORKING IN CAMPUS-BASED RETAIL OPERATIONS, WITH PARTICULAR EMPHASIS ON THE STORES THAT ARE OWNED BY THE INSTITUTION, ITS FACULTY, OR ITS STUDENTS. 9 9 3 0 0 0 260074 0 244735 407110 312627 70683 655302 -97494 1472738 380299 0 111063 0 0 737391 702922 0 0 0 308171 227069 1045562 1041054 427176 -660755 1201882 595383 145716 258587 1056166 336796 X NACS WORKS TO SUCCESSFULLY INTEGRATE THE COLLEGIATE RETAIL INDUSTRY INTO THE HIGHER EDUCATION ECOSYSTEM THROUGH ADVOCACY, STRATEGIC PARTNERSHIPS, INNOVATIVE DIRECTION, EDUCATION, AND RESOURCES THAT SUPPORT STUDENT ACADEMIC SUCCESS AND THE CAMPUS EXPERIENCE. 0 0 NACS PROVIDES MEMBERSHIP SERVICES; SUPPORT AND RESEARCH; AND ADVOCACY AND GOVERNMENT RELATIONS. 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 5 0 1 3 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X FRANK SULEN 4407757777 528 EAST LORAIN STREET OBERLIN OH 44074 DEBBIE COTTRELL PRESIDENT 5.00 X 0 0 0 ANDY DUNN IMMEDIATE PAST PRESIDENT 5.00 X 0 0 0 ALLISON HARTEL TRUSTEE 1.00 X 0 0 0 CARRIE ROSE TRUSTEE 1.00 X 0 0 0 ROBERT BUTTERFIELD TRUSTEE 1.00 X 0 0 0 FRANCOIS BELIVEAU TRUSTEE 1.00 X 0 0 0 CLAYTON LUDLOW TRUSTEE 1.00 X 0 0 0 BETHANY MEYER TRUSTEE 1.00 X 0 0 0 GILBERTO GARCIA TRUSTEE 1.00 X 0 0 0 EDWARD L SCHLICHENMAYER CHIEF EXECUTIVE OFFICER 40.00 5.00 X 0 444699 21014 FRANK J SULEN CHIEF FINANCIAL OFFICER 40.00 5.00 X 0 334506 16669 BRIAN L FERANCY VP OF SALES, PARTNERSHIP 0.00 40.00 X 0 259387 9875 RICHARD S HERSHMAN VP OF GOVT RELATIONS 0.00 40.00 X 0 177693 0 DANIEL G BELL CHIEF TECHNOLOGY OFFICER 0.00 40.00 X 0 148264 16669 RICK JACIEN NATL.ACCOUNT MANAGER SALES 0.00 40.00 X 0 173516 0 BRAD A ALFLEN VP OF REVENUE SERVICES 0.00 40.00 X 0 211701 16669 0 1749766 80896 0 0 1 0 0 MEMBERSHIP DUES 561499 407110 407110 407110 70683 70683 MANAGEMENT FEE 900099 411201 411201 EQ.EARNINGS FROM SUBSIDIARY 561499 -508695 -508695 -97494 380299 818311 0 -438012 X 111063 650373 10118 15422 27009 8100 651 122958 15030 3000 59337 OTHER 13276 DUES & SUBSCRIPTIONS 4717 1041054 0 50193 259754 156167 130550 268285 811578 120738 1201882 595383 55065 209471 90651 49116 145716 258587 X 1056166 336796 1056166 336796 1201882 595383 -660755 -58615 0 X 0 1 X 1 0 0 0 1 407110 8100 7250 15350 31341 -15991 0 LIMITED PARTNERSHIPS 391047 C INVESTMENT IN NACS SERVICES, LLC -270309 C 120738 X 321033 -58615 -58615 379648 651 651 380299 1040403 0 1040403 651 651 1041054 PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE - NACS IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. PARTNERSHIP AND INDICO ARE SINGLE MEMBER LIMITED LIABILITY COMPANIES THAT ARE DISREGARDED FOR TAX PURPOSES. EFFECTIVE APRIL 1, 2018, NACS CONTRIBUTED ITS OWNERSHIP IN PARTNERSHIP AND INDICO TO NACS SERVICES COMPANY, LLC, A TAXABLE ENTITY. THEREFORE, THE INCOME FROM THESE ENTITIES FLOWS THROUGH TO NACS SERVICES COMPANY, LLC WHERE IT IS SUBJECT TO TAX. THE ASSOCIATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH THE PROVISIONS OF FASB ASC TOPIC 740, "INCOME TAXES." ASC TOPIC 740 UTILIZES THE ASSET AND LIABILITY METHOD, WHERE DEFERRED TAX ASSETS AND LIABILITIES ARE RECOGNIZED FOR THE FUTURE TAX CONSEQUENCES ATTRIBUTABLE TO DIFFERENCES BETWEEN THE FINANCIAL STATEMENT CARRYING AMOUNTS OF EXISTING ASSETS AND LIABILITIES AND THEIR RESPECT TAX BASES. DEFERRED TAX ASSETS AND LIABILITIES ARE MEASURED USING ENACTED TAX RATES EXPECTED TO APPLY TO TAXABLE INCOME IN YEARS IN WHICH THOSE TEMPORARY DIFFERENCES ARE EXPECTED TO BE RECOVERED OR SETTLED. 1 NACS SERVICES CO LLC 500 E LORAIN ST OBERLIN OH 44074 824873586 111063 0 MEMBERSHIP ACTIVITIES 1 PART I, LINE 2: MONITORING USE OF GRANTS FUNDS - BECAUSE OF THE CLOSE CONNECTION BETWEEN THE NATIONAL ASSOCIATION OF COLLEGE STORES (NACS) AND NACS SERVICES CO., LLC, INCLUDING THE USE OF THE SAME ACCOUNTING SYSTEM AND SHARED FINANCIAL PERSONNEL, NACS IS ASSURED THAT ITS GRANT IS USED BY NACS SERVICES CO., LLC FOR THE INTENDED PURPOSES. 1 X X X X 0 0 0 EDWARD L SCHLICHENMAYER CHIEF EXECUTIVE OFFICER 0 424010 0 0 0 20689 0 0 0 21014 0 465713 0 0 FRANK J SULEN CHIEF FINANCIAL OFFICER 0 312528 0 0 0 21978 0 0 0 16669 0 351175 0 0 BRIAN L FERANCY VP OF SALES, PARTNERSHIP 0 245557 0 0 0 13830 0 0 0 9875 0 269262 0 0 BRAD A ALFLEN VP OF REVENUE SERVICES 0 200576 0 0 0 11125 0 0 0 16669 0 228370 0 0 RICHARD S HERSHMAN VP OF GOVT RELATIONS 0 174423 0 0 0 3270 0 0 0 0 0 177693 0 0 RICK JACIEN NATL.ACCOUNT MANAGER SALES 0 100632 0 0 0 72884 0 0 0 0 0 173516 0 0 DANIEL G BELL CHIEF TECHNOLOGY OFFICER 0 144618 0 0 0 3646 0 0 0 16669 0 164933 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE ORGANIZATION - THE ASSOCIATION HAS SEVERAL CLASSES OF MEMBERSHIP. STORE MEMBERS, WHICH ARE REPRESENTATIVES FROM COLLEGE STORES DIRECTLY ENGAGED IN THE RETAIL SALE OF EDUCATIONAL MATERIALS AND/OR OTHER PRODUCTS AND SERVICES TO THE HIGHER EDUCATION COMMUNITY, ARE VOTING MEMBERS AND MAY HOLD OFFICE IN THE ASSOCIATION. THE FOLLOWING MEMBER GROUPS ARE PERMITTED TO HOLD OFFICE: ASSOCIATE MEMBERS, ASSOCIATE REPRESENTATIVE MEMBERS, AND PROFESSIONAL MEMBERS. THE FOLLOWING MEMBER GROUPS ARE NOT ELIGIBLE TO HOLD OFFICE: SUBSCRIBER MEMBERS, AFFILIATE MEMBERS, INDIVIDUAL MEMBERS, AND HONORARY LIFE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS' POWERS OF ELECTION - FULL DUES-PAYING COLLEGE STORE MEMBERS HAVE VOTING RIGHTS AND ELECT THE ENTIRE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B APPROVAL BY MEMBERS - ALL CHANGES TO THE ORGANIZATION'S BYLAWS REQUIRE APPROVAL OF THE VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW - FORM 990 IS REVIEWED IN DETAIL BY THE ORGANIZATION'S AUDIT COMMITTEE WITH THE ASSISTANCE OF THE OUTSIDE PUBLIC ACCOUNTANTS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE ORGANIZATION HAS PROCEDURES IN PLACE TO MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY. WHEN A CONFLICT ARISES, THE EFFECTED PERSONS ARE NOT PERMITTED TO VOTE ON THE MATTER OR PARTICIPATE IN THE DISCUSSIONS. THE DECISION IS MADE BY PERSONS WHO ARE INDEPENDENT OF THE INDIVIDUAL(S) WITH THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL - ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, ARE SUBJECT TO A WAGE AND SALARY ADMINISTRATION PROGRAM. THIS PROGRAM INCLUDES THE USE OF AN OUTSIDE COMPENSATION CONSULTANT AND COMPARABILITY DATA. THE CHIEF EXECUTIVE OFFICER'S COMPENSATION WAS SET BY THE BOARD OF TRUSTEES, WHO ARE INDEPENDENT OF THE EXECUTIVE. THE CHIEF EXECUTIVE OFFICER SETS THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES. THE CEO IS INDEPENDENT OF THE PERSONS FOR WHOM HE MADE COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - THE ORGANIZATION'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS 122,958. PARTNERSHIP LLC 528 EAST LORAIN STREET OBERLIN OH 44074 341935689 FREIGHT SVCS. OH -508695 3799452 NACS SERVICES CO LLC INDICO LLC 528 EAST LORAIN STREET OBERLIN OH 44074 346532006 BOOK DISTRIBUTION & SERVICES OH 0 0 NACS SERVICES CO LLC NACS FOUNDATION 528 EAST LORAIN STREET OBERLIN OH 44074 521270412 EDUC. SVCS. OH 501(C)(3) LINE 12B, II N/A 1 NACS SERVICES CO LLC 528 EAST LORAIN ST OBERLIN OH 44074 824873586 MEMBER SERVICES OH NACS C -850091 7054104 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 NACS FOUNDATION L 411201 FMV NACS SERVICES CO LLC B 111063 FMV