Hotel: Omni Interlocken Resort (

All scheduled educational events will take place at the Omni Interlocken Resort. Should you need to send packages to the hotel, include your name, arrival date and the words "hotel guest" on the mailing label.

All reservations should be made through the hotel by calling the hotel directly at (303) 438-6600 or by calling Central Reservations at (800) 400-1700 and referring to NSAC. The group's room block will be released on July 9, 2004. All reservations received after this date will be reserved on a space availability basis at the group rate. NSAC's preferred room rate is $129 per room per night plus tax (currently 9.45%) for single or double occupancy. The group rate has been extended three days pre-event and three days post-event for those wishing to spend a few days in the Denver area.

The Omni Interlocken Resort is a magnificent 11-story hotel, where the offerings range from a full-service fitness center and spa to fine dining, first-class accommodations, and a 34,000 square foot conference center. The outdoor attractions include a sparkling pool and whirlpool, 27-hole championship golf course and driving range, and more than 15 miles of scenic trails for jogging, hiking and biking.

Guest Services

• Ethernet service in rooms
  
• Two-line phones in rooms
  
• 24-hour room service
  
• Full-service business center
  
• Childcare
  
• Gift shop and newstand

Sunday, August 1, 2004

Chapter Officers & Directors Workshop

Technology Committee Meeting

The tax seminar offers a full day of technical sessions for the tax professional.

Concurrent sessions allow participants to pick a topic of their choice. Speakers from across the nation and all tax professions cover a broad range of topics for both the small and large cooperative and include a basic session on the Principles of Cooperative Taxation for those new to cooperatives.

You will have the opportunity to hear Elizabeth Paris, Tax Counsel to the Senate Finance Committee and Senator Grassley’s aide, as well as Marlis Carson, Vice President, Legal, Tax & Accounting for the National Council of Farmer Cooperatives, speak on issues before Congress that could impact your cooperative.

Another major session will cover the topic of how to plan for and manage book to tax differences.

Come hear the newly elected Chair of NSAC’s Tax Committee, Teree Castanias, Partner, KPMG LLP, speak on IRS subcommittee developments. Many other widely recognized tax professionals will be speaking on current topics of interest. Join us August 2!

Major Topics:

• Principles of Cooperative Taxation
  
• Revisit Subchapter T
  
• How to Plan and Manage Book vs. Tax Differences
  
• Co-ops to LLCs
  
• Dividend Allocation Rule
  
• Small Cooperative Roundtable
  
• Hot Topics for Large Cooperatives
  
• Current Developments
  
• Washington Update
  
• IRS Subcommittee Developments
  

Convention

The Future of Auditing Standards
PCAOB

Washington Update
Jeannine Kenney, National Cooperative Business Association (NCBA)
Jeannine Kenney is vice president for public affairs and member services at NCBA. In that capacity, Kenney is lead staff on public policy issues and manages the member services, education and cooperative business development departments of the association. She has spearheaded the grassroots and public relations campaign to support NCBA’s successful proposal for a new, dedicated top-level Internet domain for cooperatives, approved in 2000. Prior to joining NCBA, Kenney served as a public affairs specialist for the U.S. Department of Agriculture’s Natural Resources Conservation Service, as a policy analyst for Consumer’s Union, publisher of Consumer Reports, and for five years as a legislative assistant for Senator Russ Feingold of WI.

Current Human Resource Issues
Kevin Smith, Shook, Hardy & Bacon
Kevin’s practice focuses on complex employment litigation and class action matters. His federal court experience has been in various jurisdictions throughout the United States. He is known for his practical insights and careful factual development of key points. His crisp brief writing has brought favorable results in several high-profile employment cases. As a Yale University math major, Kevin possesses skills that have proven particularly valuable in the context of wage and hour, compensation-discrimination and complex ERISA-litigation matters. He has played an integral role in handling several collective and class actions, with an emphasis on overtime issues under the Fair Labor Standards Act and various state laws.

The Liabilities and Equity Project
Brooke Richards, FASB

Uniform Agricultural Cooperatives Act
Daniel Mott, Fredrikson & Byron, P.A.
Dan is an officer in Fredrikson & Byron’s Corporate group and has a strong background working with cooperatives. In addtion, he advises other types of organizations on a variety of business issues. Dan has advised numerous cooperatives and other businesses on matters ranging from basic formation to complex mergers, acquisitions, and joint venture structures. He has extensive experience in the organization, structuring, and financing of new venture cooperatives and has structured many cooperative joint ventures utilizing a variety of formats.

The Hootie-Hoo Attitude
Dr. Dale Henry, Your Best Unlimited
Dr. Henry grew up in the foothills of the Smoky Mountains, an area that is bountiful in two things - hospitality and story-telling. Dr. Dale has been a teacher, principal, Dean of the oldest college in Tennessee, a businessman, author and a speaker and trainer. Dale has been in customer service over half his life and his story-telling ability propelled him as a teacher. This, combined with his customer service and unqiue ability to captivate audiences, has sky-rocketed Dale in his speaking career. Since he began speaking professionally just a few short years ago, corporate, government, and eduational agencies call on him to train their professionals. His client list is a virtual Who’s Who of the top businesses and agencies in the nation. Dr. Henry is a master teacher in every aspect of the term, and he is what motivational speakers aspire to become. He is also an author with his book titled, The Proverbial Cracker Jack: How to Get Out of the Box and Become the Prize.

Implementing Sarbanes-Oxley
Brian Jackson, CoBank
Brian Jackson is the executive vice president and chief financial officer for CoBank. He manages the treasury, controller, information technology, finance, operations and administrative services areas of the bank. Prior to joining CoBank in 2000, Jackson was senior vice president of finance and administrative services and treasurer at New Century Energies (NCE), Inc., the Fortune 400 holding company of Public Service Co. of Colorado. Among his responsibilities at NCE, Jackson served as chief financial officer for all NCE’s operating entities, including Public Service Co. of Colorado. Prior to that, Jackson, a CPA, was with Arthur Andersen LLP for 17 years, most recently as a partner in the firm’s audit and business advisory division. In this capacity, he worked with a variety of industries including utlities and communications.

The Business Combinations of Mutual Enterprise Project
Alicia Manders, FASB

Making Ethics Count: Ethical Leadership for Bottom Line Results
Dan Chenoweth, Chenoweth and Associates Business Consulting
Dan is founder of Chenoweth and Associates Business Consulting and a Senior Consultant with the Vector Group, Inc. He has a broad background in international business, starting with a strong foundation in finance as a CPA. He has held executive level positions in general management and finance in a number of industries including telecommunications, printing and publishing, heavy equipment manufacturing, and apparel manufacturing. Over the past eight years, Dan has focused on general management issues in today’s changing business environment, including organization leadership, business process analysis and improvement, strategic supplier relationships, team development and change management.

Economic Update
Dr. Steven Wood, Insight Economics
Dr. Wood is President and Chief Economist for Insight Economics, LLC, an economic consulting firm he founded in 2003 to specialize in macroeconomic and financial markets analysis. Among the firm’s clients are commercial and investment banks, asset managers and hedge funds, central banks and government agencies, and many corporations. In addition, Steve teaches economics and finance at the Haas School of Business at the University of California, Berkeley, where he has been an adjunct professor since 1993. Previously, he held teaching positions at Eastern Michigan University, California State University at Los Angeles, and San Francisco State University.

Exceeding Your Cooperative’s Expectations
David Parker,Agri Business Group
Mr. Parker is a Partner in Agri Business Group, a training and consulting firm based in Indianapolis, Indiana. In his position as Vice President of Sales, David oversees sales activities for the company, in addition to personal sales responsibilities. David delivers nearly 100 presentations annually, primarily in North America, in the areas of sales, business management, value-based solutions, merchandising, financial management, coaching and supervision skills, team development, communications, and quality improvement. With Agri Business Group since its founding in the late 1970’s, David has helped facilitate the company’s growth as a leading education and business consulting firm. Agri Business Group’s clients include mostly Fortune 1000 companies, both domestic and international. Services provided include training, market research, strategy development, mergers and acquisitions, interactive technology, speaker placement and project management.

Resources to Complement Your Learning Experience!
Each full convention registrant will receive one copy of all session handouts on compact disc accompanied by a notebook for taking notes during educational sessions. Individual photocopies of handouts will be available on-site. The CD also includes important information about Society services and products as well as information regarding the NSAC website – your resource to the cooperative world.

Certified Public Accountant
Continuing Professional Education (CPE) Credits

Following the guidelines specified in individual state regulations, up to 19 hours of continuing professional education credits will be available for the tax seminar and convention sessions. The National Society of Accountants for Cooperatives is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Telephone: 615.880.4200. Web site: www.nasba.org. Upon course and evaluation completion, participants attending the 2003 National Conference, desiring CPE credit will earn up to 19 hours. The seminar and convention does not require advance preparation or prerequisites.

Receptions go to the butterflies!
The NSAC New Member’s and President’s Receptions will take participants to the world-renowned Butterfly Pavilion. Participants will depart from the hotel lobby and be transported to the first stand-alone non-profit insect zoo in the nation covering five acres in Westminster. More than 1,200 free-flying butterflies will surround our guests as they walk through the lush, tropical conservatory. A chrysalis viewing area allows visitors to watch the amazing process of metamorphosis as adult butterflies emerge from their gem-like chrysalids. All convention participants are invited to participate in these off-site receptions.

Baseball anyone?
Annual Convention & Tax Seminar participants and guests will have the opportunity to purchase tickets to the Colorado Rockies baseball game on Tuesday, August 3. The game begins at 7:00 p.m. at Coors Field. Right field reserved seats are available for convention participants and guests at a group rate of $25 per ticket which includes transportation for one of the hottest tickets in Major League Baseball - the Chicago Cubs. Spend an evening with friends while enjoying a favorite Denver tradition. For more information about the Rockies, visit www.coloradorockies.com.

Guest activities . . .

Denver City Tour on Monday, August 2
NSAC has arranged a Denver City Tour for guests of convention participants. The tour will visit several residential areas, will stop at two of Denver’s parks and the Museum of Natural History for breathtaking photo opportunities. The tour also includes a narrated drive past the Zoo, Botanical Gardens, the Governor’s residence and through the heart of Denver. A tour of the Colorado State Capitol Building and views of some of the city’s sports complexes are included as well. The tour will conclude at the Cherry Creek Shopping Center so participants can shop and/or grab some lunch. Transportation to the hotel will be offered to those going to the shopping center and those desiring to return directly. Activity prices of $28.00 per adult and $13.50 per child (12 and under) include a narrated tour, knowledgeable tour guide, transportation in an air-conditioned motorcoach and all applicable taxes and gratuities.

Air Force Academy & Garden of the Gods Tour on Tuesday, August 3
On this tour, guests will have the opportunity to visit the Air Force Academy & Garden of the Gods for four hours of excitement. At the Air Force Academy, participants will have the opportunity to see Falcon Stadium, the Cadet Glider Port, the Athletic Field House, the Cadet Chapel and more. The Visitor’s Center, funding solely by private donations, is a $3.8 million highlight of the tour. On the way to the Garden of the Gods, participants will enjoy a delicious lunch at Buffalo Bill’s, a local eating establishment known for its local flavor. One of the most photographed natural wonders in the United States, the garden sits at the foot of Pikes Peak. Photo opportunities include the famous Balanced Rock and Kissing Camels formations. Activity prices of $38.00 per adult and $21.00 per child (12 and under) include a narrated tour, knowledgeable tour guide, lunch, transportation in an air-conditioned motorcoach and all applicable taxes and gratuities.

Downtown Denver
Denver has the tenth largest downtown in the U.S. - a bustling area centered around a mile-long pedestrian promenade that is lined with outdoor cafes and flower baskets. Down every street there are mountain views. The mountain panorama visible from Denver is 120 miles long and includes nearly 200 named peaks. Downtown Denver is home to 300 restaurants, a restored historic district filled with 90 bars and brewpubs, a collection of museums, a variety of galleries and shopping, the second largest performing arts center in the nation, three college campuses and even a unique downtown amusement park - Six Flags Elitch Gardens.

Sports Town USA
Denver is one of only a few cities to offer seven professional sports teams: NFL Denver Broncos; Major League Baseball’s Colorado Rockies; NHL Colorado Avalanche; NBA Denver Nuggets; Arena Football’s Colorado Crush; Major League Soccer’s Colorado Rapids. In addition, Denver has horse racing, dog racing, a Grand Prix and one of the world’s largest rodeos - the National Western.

Museums & Culture
Denver has one of the highest educated populations in America and a great love of the arts. The Denver Art Museum is in the process of doubling with a new wing designed by Daniel Libeskind. The Denver Performing Arts Complex is the second largest in the nation with ten theatres seating 10,000 people for theatre, symphony, opera and ballet. Denver has an amazing collection of museums devoted to the wonders of Planet Earth. The Denver Zoo is the fourth most popular zoo in the nation and is undergoing a $130 million improvement program. Ocean’s Journey Aquarium has been acquired by Landry and will undergo major improvements, while the Denver Museum of Nature & Science just added a space museum and the world’s most advanced digital planetarium.

Party Town
Denver brews more beer than any other city with 80 different beers brewed here. LoDo is Denver’s hip downtown historic district where restored Victorian buildings now house more than 90 sports bars, brew pubs, jazz clubs and restaurants. Denver has a growing music scene and some of the best concert venues on earth, including the famous Red Rocks Amphitheatre, a 9,000-seat arena carved out of gigantic red rock boulders.

Denver Convention & Visitor’s Bureau website:
Web site: www.denver.org

Local Ground Transportation
A variety of transportation services to and from Denver International Airport are available for all of your ground transportation needs.

You may contact the Ground Transportation Information Counter at Denver’s Stapleton Airport at (800) AIR-2DEN or locally at (303) 342-4059. Options include public transit, scheduled door-to-door shuttle van service, charter buses, limousines, rental cars, taxicabs, and wheelchair services.

Direct express service to and from the airport is provided every half-hour by Super Shuttle for approximately $20 one-way or $38 round-trip. For Super Shuttle reservations call (303) 370-1300 or visit Super Shuttle in the baggage claim area.

Travelers may also obtain ground transportation information at the Ground Transportation Information Counter located on Level 5 of Jeppesen Terminal.

NSAC NATIONAL OFFICE
136 South Keowee Street
Dayton, OH 45402
Phone: 937.222.6707
Fax: 937.222.5794
info@nsacoop.org