2024-08-26T08:09:33-05:00 2023-12-31 571157523 Aprio LLP 111 Rockville Pike Suite 600 Rockville MD 20850 990 2023-01-01 521139030 Regulatory Affairs Professionals Society REGU 3017702920 5635 Fishers Lane 400 Rockville MD 20852 William McMoil Executive Director 3017702920 2024-08-23 1 0 Stacy Cullen P00974308 3012316200 2024-08-23 2023 2024-08-08 14:25:15Z William McMoil 5635 Fishers Lane 400 Rockville MD 20852 15228327 0 X HTTPS:/WWW.RAPS.ORG X 1977 DC To promote the advancement of the regulatory affairs profession and the profession's role in the development, review, registration, and monitoring of health care products. 13 13 66 333 515197 0 125 300 12621326 14109334 4698 283615 738402 592722 13364551 14985971 1922 637 0 0 6412873 7246274 0 0 0 7490900 7541251 13905695 14788162 -541144 197809 11914074 12165139 7377140 7199028 4536934 4966111 X RAPS serves the regulatory profession by providing educational programs, products, and services to meet their professional development needs. RAPS promotes the regulatory profession by bringing visibility to the importance of the profession in the timely delivery of safe and effective regulated healthcare products. 0 0 7177093 2753418 Professional Issues - More than 125 educational programs and courses, providing initial training and advanced learning opportunities for professionals both in-person and online, including the society's annual conference; the professional certification program (Regulatory Affairs Certification - RAC) offering four examinations-covering US, European Union, Canadian and international regulations. 3153899 7800222 Communications - Production of print and electronic communications, including RAPS' online publication, regulatory focus; RAPS books and publications; electronic communications and the development and maintenance of RAPS branded websites; marketing efforts for educational programs and services and professional activities; exhibits and communications at RAPS' annual conference and other RAPS events; public relations initiatives including outreach to general and trade media and other professional and consumer groups; and coordinated social media communications. 1067767 637 3305827 Membership - Educational, scientific society supporting regulatory affairs professionals in the medical devices, pharmaceuticals and biologics-related organizations, including industry, government, clinical research, academia. Provide membership support, educational and information services, digital publication of information relevant to the profession and health sector, virtual and in- person peer-to-peer networking, local/international chapters and affiliates and a variety of other programs, products and services. 11398759 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 118 0 1 66 1 1 1 1 BE 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MD X William McMoil 3017702920 5635 Fishers Lane Suite 400 Rockville MD 20852 Gert Bos Chair 1.00 1.00 X X 0 0 0 Jethro Ekuta President 1.00 0.00 X X 0 0 0 Patricia Reis Castro Treasurer 1.00 0.00 X X 0 0 0 Kimberly Belsky Director 1.00 0.00 X 0 0 0 Carol Cooper Director 1.00 0.00 X 0 0 0 Daniela Drago Director 1.00 0.00 X 0 0 0 Sabina Hoekstra-Van Den Bosch Director 1.00 0.00 X 0 0 0 Lawrence Liberti Director 1.00 0.00 X 0 0 0 Frank Pokrop Director 1.00 0.00 X 0 0 0 Diana Salditt Director 1.00 0.00 X 0 0 0 Nancy Singer Director 1.00 0.00 X 0 0 0 Susan Stewart Director 1.00 0.00 X 0 0 0 Kimberly Trautman Director 1.00 0.00 X 0 0 0 William McMoil Executive Director 40.00 1.20 X 356630 0 33251 Amy Fisher Vice President 40.00 0.00 X 228450 0 24307 Brian Savoie Senior Vice President 40.00 0.00 X 226860 0 24500 Denise Fulton VIce President 40.00 0.00 X 183612 0 28909 Patrick Flynn Director 40.00 0.00 X 146724 0 23235 Wendy Sahli Director 40.00 0.00 X 145444 0 15270 Jennifer Naughton Director 40.00 0.00 X 140731 0 16567 Julie Gordon Director 40.00 0.00 X 140000 0 24499 Patricia Young Director 40.00 0.00 X 140795 0 10245 1709246 0 200783 22 0 1 0 Association of Food and Drug Officials 155 W Market Street 3rd Floor York PA 17401 Collaborative F2F Events 759050 Capital Traiteur Montreal Inc 159 Rue Saint-Antoine West Montral Quebec CA H2Z 2A7 Annual Conference Catering Services 390956 TKNL Inc AU Palais Des Congres 1349 Rue Gay-Lussac Boucherville Quebec CA J4B 7K1 Annual Conference AV Services 237651 Kellogg School of Management 2169 Campus Drive Evanston IL 60208 F2F Event & Venue Executive Development 182770 Impexium Corporation 1775 Tysons Blvd Suite 1450 McLean VA 22102 AMS 169071 6 300 300 Member Dues 541900 3305827 3305827 E-Learning 541900 2971947 2971947 Conference 541900 2753418 2753418 Education 541900 1983152 1983152 Sponsorships 541900 1776087 1776087 1318903 803706 515197 14109334 283615 283615 3064 3064 78025 78025 0 718170 164331 553839 553839 Postage Income 900099 60872 60872 Miscellaneous 900099 2835 2835 Loss on Exchange Rate 900099 -27888 -27888 35819 14985971 14147976 515197 322498 637 637 1106519 776659 329860 5087389 3608045 1479344 145305 92447 52858 473721 301394 172327 433340 307331 126009 92339 69837 22502 98397 74419 23978 30257 30257 1175848 889309 286539 730271 700781 29490 632087 577153 54934 780120 355250 424870 35859 33342 2517 337539 234557 102982 386226 322525 63701 2553076 2525897 27179 205824 143031 62793 90216 90203 13 Commissions 168993 168993 Temporary Help 115335 81797 33538 Staff Development 35444 22550 12894 Bad Debt 24965 24965 48455 22602 25853 14788162 11398759 3389403 0 3788467 3279404 37491 37491 497712 329009 131194 85744 500527 763203 1873453 1127498 930322 745955 3720862 4881050 2307499 2043283 11914074 12165139 1424128 1800450 2396029 2221926 3556983 3176652 7377140 7199028 X 4536934 4966111 4536934 4966111 11914074 12165139 X 197809 400497 -169129 X 0 1 X 1 0 X 824383 758 125 300 825566 11425264 10248819 11267524 12621326 14109334 59672267 11425264 11073202 11268282 12621451 14109634 60497833 0 0 0 60497833 51211 24828 77387 86065 286679 526170 51211 24828 77387 86065 286679 526170 390351 50502 52171 63698 91595 648317 11866826 11148532 11397840 12771214 14487908 61672320 0.98100 0.98070 0.00850 0.00520 X 1153949 480310 673639 189381 117162 72219 530123 530026 97 745955 4881050 F 4881050 Right-of-Use Asset 2043283 2043283 Lease Liability 3176652 3176652 X 15520542 400497 164331 564828 14955714 30257 30257 14985971 14922236 164331 164331 14757905 30257 30257 14788162 Part X, Line 2: The Organization evaluates uncertainty in income tax positions taken or expected to be taken on a tax return based on a more likely than not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement and is recognized in the Organization's consolidated financial statements. As of December 31, 2023 and 2022, there are no accruals for uncertain tax positions. Tax years from 2020 through the current year remain open for examination by federal and state tax authorities. Part XI, Line 2d - Other Adjustments: Cost of Goods Sold 164,331. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold 164,331. North America - Canada and Mexico, but not the United States 1 0 Program Services Conferences, Chapters Events, Virtual Events 178 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Program Services Training, Chapters Events 1223357 1 0 0 0 1 0 1223535 0 1223535 0 0 0 0 0 0 X X X X 0 0 0 0 0 0 0 1 0 William McMoil Executive Director 356630 0 0 0 0 0 29996 0 3255 0 389881 0 0 0 Amy Fisher Vice President 221350 0 7100 0 0 0 22500 0 1807 0 252757 0 0 0 Brian Savoie Senior Vice President 220160 0 6700 0 0 0 22500 0 2000 0 251360 0 0 0 Denise Fulton VIce President 177062 0 6550 0 0 0 28909 0 0 0 212521 0 0 0 Patrick Flynn Director 125371 0 21353 0 0 0 4391 0 18844 0 169959 0 0 0 Julie Gordon Director 135350 0 4650 0 0 0 11182 0 13317 0 164499 0 0 0 Wendy Sahli Director 140729 0 4715 0 0 0 13949 0 1321 0 160714 0 0 0 Jennifer Naughton Director 136680 0 4051 0 0 0 14036 0 2531 0 157298 0 0 0 Patricia Young Director 135220 0 5575 0 0 0 7022 0 3223 0 151040 0 0 0 Part I, Line 7 The organization provided bonus compensation to employees during the year. Form 990, Part VI, Section A, line 6 The organization has two categories of members: - Active Members: Individuals engaged in the regulatory process or in related scientific, clinical, or engineering areas involved in the health product life cycle. - Life Members: Life membership may be offered to individuals who have offered distinguished, long-term service to RAPS and have been continuous members of RAPS for at least twenty (20) years, Life Membership is conferred by unanimous vote of the board of directors. Form 990, Part VI, Section A, line 7a Every active and life member of the society shall be entitled to cast one (1) vote on any matter voted on by the membership and/or in any election of an officer or director. Form 990, Part VI, Section A, line 7b Every active and life member of the society shall be entitled to cast one (1) vote on any matter voted on by the membership and/or in any election of an officer or director. Form 990, Part VI, Section B, line 11b A copy of the audited financial statements is provided to the board of directors and Form 990 is provided to the Chief Operating Officer for review, prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest applies to board members, employees, and volunteers. Each board member is required to complete a conflict of interest and to disclose any potential conflict. Individuals are required to disclose any potential conflict. The board of directors will determine the extent of the conflict and proceed according to the RAPS policy guidance. This is reviewed annually. Form 990, Part VI, Section B, line 15 Legal counsel was involved in data collection and met with executive committee for final compensation package for executive director. The executive director discussed with the executive committee and documented pay for vice presidents. Executive director: RAPS uses comparability data from an independent HR systems provider which compares jobs based upon title, geographic location, size of organization, skill set, and experience level. Comparability analysis was last performed for this position in 2018 and a review and approval was performed by the board executive committee in 2020. RAPS uses comparability data in the year of hire to determine compensation. The comparability date is provided by an independent HR systems provider, which uses job title, geographic location, size of organization, skill set, and experience level in its determination of compensation ranges. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and financial statements are made available upon request. Form 990, Part XI, line 9: Loss Contingency -169,129. RAPS Institute 5635 Fishers Lane Suite 550 Rockville MD 20852 820721560 CERTIFICATION DC 501(c)(6) Regulatory Affairs Professionals Society 1 RAPS EU AISBL Avenue de Tervueren 188A Postbox 4 Brussels BE 1150 Training; Education BE AISBL Regulatory Affairs Professionals Society 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0