| MISSION |
FORM 990, PART III, LINE 1 AMERICAN KENNEL CLUB, INC. (THE CLUB) IS DEDICATED TO UPHOLDING THE INTEGRITY OF ITS REGISTRY, PROMOTING THE SPORT OF PUREBRED DOGS AND BREEDING FOR TYPE AND FUNCTION. FOUNDED IN 1884, THE AKC AND ITS AFFILIATED ORGANIZATIONS ADVOCATE FOR THE PUREBRED DOG AS A FAMILY COMPANION, ADVANCE CANINE HEALTH AND WELL-BEING, WORK TO PROTECT THE RIGHTS OF ALL DOG OWNERS AND PROMOTE RESPONSIBLE DOG OWNERSHIP. AKC'S CORE VALUES: -WE LOVE PUREBRED DOGS -WE ARE COMMITTED TO ADVANCING THE SPORT OF THE PUREBRED DOG -WE ARE DEDICATED TO MAINTAINING THE INTEGRITY OF OUR REGISTRY -WE PROTECT THE HEALTH AND WELL-BEING OF ALL DOGS -WE CHERISH DOGS AS COMPANIONS -WE ARE COMMITTED TO THE INTERESTS OF DOG OWNERS -WE UPHOLD HIGH STANDARDS FOR THE ADMINISTRATION AND OPERATION OF THE AKC -WE RECOGNIZE THE CRITICAL IMPORTANCE OF OUR CLUBS AND VOLUNTEERS OTHER PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4D OTHER REGISTRATION-RELATED SERVICES AND PRODUCTS: INCLUDING BUT NOT LIMITED TO, PEDIGREE HISTORIES, MIXED BREED LISTINGS, TRANSFERS, LATE FEES, CO-OWNERSHIP FEES, AND OTHER. FORM 990-T FILING FORM 990, PART V, LINE 3B AKC WILL FILE A 2014 FORM 990-T TO REPORT UNRELATED BUSINESS GROSS INCOME THAT EXCEEDS $1,000 HOWEVER THIS WILL BE FILED AFTER THE FORM 990 IS FILED. |
| MEMBERS |
FORM 990, PART VI, LINE 7A AND 7B THE AMERICAN KENNEL CLUB, INC. IS A CLUB OF CLUBS. THERE ARE APPROXIMATELY 623 MEMBER CLUBS, EACH OF WHOM IS ENTITLED TO HAVE A DELEGATE REPRESENTING THE CLUB AT OUR QUARTERLY DELEGATES' MEETINGS. ANY CHANGES TO THE ORGANIZATION'S BY-LAWS REQUIRES A VOTE OF 2/3 OF THE DELEGATE BODY. EACH MEMBER OF THE BOARD OF DIRECTORS IS ALSO A DELEGATE OF ONE OF OUR MEMBER CLUBS (THE 13 BOARD MEMBERS ARE PART OF THE 623 MEMBER CLUBS). |
| BOARD REVIEW OF FORM 990 |
FORM 990, PART VI, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE AMERICAN KENNEL CLUB, INC. (THE CLUB) IN CONSULTATION WITH ITS STAFF. THE DRAFT PREPARED BY THE ACCOUNTING FIRM IS THEN CAREFULLY REVIEWED BY THE CLUB'S FINANCE DEPARTMENT. THE FINAL VERSION IS THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| COMPLIANCE WITH CONFLICT OF INTEREST POLICY |
FORM 990, PART VI, LINE 12C IT IS THE POLICY OF THE CLUB THAT ALL EMPLOYEES AVOID ANY CONFLICT BETWEEN THEIR INTERESTS AND THOSE OF THE CLUB. THE CLUB EXPECTS ALL EMPLOYEES TO SUPPORT ITS MISSION, POLICIES AND PROGRAMS AND TO CONDUCT THEMSELVES IN AN ETHICAL AND APPROPRIATE MANNER IN THE PERFORMANCE OF THEIR JOB DUTIES. IN ADDITION, EVERY EMPLOYEE OF THE CLUB HAS CERTAIN RESPONSIBILITIES REGARDING ACCESS TO AND DISCLOSURE OF CONFIDENTIAL INFORMATION. THE POLICY IS REVIEWED AND SIGNED BY ALL PARTIES ON AN ANNUAL BASIS. |
| COMPENSATION REVIEW PROCESS |
PART VI, SECTION B, LINE 15A AND 15B A COMPONENT OF THE BOARD-APPROVED EXECUTIVE COMPENSATION PROGRAM IS BASED UPON REVIEW WITH EXTERNAL CONSULTANTS OF THE ORGANIZATION'S OVERALL PERFORMANCE IN COMBINATION WITH THE INDIVIDUAL'S PERFORMANCE. THE PROGRAM IS ADMINISTERED AND REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND ADHERES TO OUR CONFLICT OF INTEREST POLICY. THE COMPENSATION REVIEW PROGRAM INCLUDES REVIEW OF THE CURRENT MARKETPLACE ENVIRONMENT AND COMPARISON WITH OTHER ORGANIZATIONS OF SIMILAR SIZE TO ENSURE THAT COMPENSATION IS IN A REASONABLE RANGE CONSIDERING THE MARKET RATE FOR COMPARABLE POSITIONS. DETERMINATION OF COMPENSATION IS DOCUMENTED CONTEMPORANEOUSLY IN THE ORGANIZATION'S RECORDS. |
| AVAILABLE TO THE PUBLIC |
FORM 990, PART VI, LINE 19 AMERICAN KENNEL CLUB MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE ON ITS PUBLIC WEBSITE AT WWW.AKC.ORG AND UPON SPECIFIC REQUEST. |
| RECONCILIATION OF NET ASSETS |
FORM 990, PART XI, LINE 9 PENSION BENEFITS OBLIGATIONS : $(23,730,000) PRIOR PERIOD AUDIT ADJUSTMENT : $(757,339) --------------- TOTAL OTHER LINE 9 = $(24,487,339) |
Attach to Form 990 or 990-EZ.