Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION WHICH WAS FORMED WITH MEMBERS IN 1932. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION'S MEMBERS DIRECTLY ELECT 5 OF THE BOARD MEMBERS. THE OTHER 2 BOARD MEMBERS ARE ELECTED BY THE HOUSE OF DELEGATES. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BYLAWS DESIGNATE THAT SOME BOARD DECISIONS ARE APPROVED BY THE HOUSE OF DELEGATES. THE BYLAWS ALSO DELEGATE A NUMBER OF DECISIONS TO THE HOUSE OF DELEGATES. ONE OF THE LARGEST OF THE DELEGATED DECISIONS IS BYLAW CHANGES. THE HOUSE OF DELEGATES MEETS ANNUALLY AND IS MADE UP OF MEMBERS. ALL THE ACTIVE AFFILIATE ORGANIZATIONS SEND REPRESENTATIVES TO THE HOUSE OF DELEGATES. THIS IS ABOUT 2/3 OF THE DELEGATES. THE REMAINDER OF THE DELEGATES ARE ELECTED BY THE MEMBERS IN A DIRECT VOTE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE RETURN PREPARER IN COOPERATION WITH THE ORGANIZATION'S STAFF PREPARE A DRAFT OF THE FORM 990, FORM 990-T AND ANY REQUIRED SCHEDULES. THE ORGANIZATION'S STAFF REVIEWS THE FORMS WITH THE BOARD MEMBERS AND ANSWERS ANY QUESTIONS OR CONCERNS. THE ORGANIZATION'S STAFF TAKE COMMENTS AND SUGGESTIONS FROM THE BOARD AND INCORPORATE THEM INTO THE FORMS PRIOR TO THEIR FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST AT THE BEGINNING AND END OF EVERY BOARD MEETING. ANNUALLY, BOARD MEMBERS SIGN A FORM ACKNOWLEDGING THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY. ALL VOLUNTEERS (WHICH ARE USUALLY ASRT MEMBERS, BUT NOT REQUIRED TO BE EXCEPT IN CERTAIN CIRCUMSTANCES SUCH AS SPECIFIC COMMITTEES) ARE REQUIRED TO SIGN THE SAME FORM WHEN THEY BEGIN VOLUNTEERING. FOR STAFF, THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE HR MANUAL WHICH STATES THAT THEY ARE TO AVOID ANY CONFLICTS OF INTEREST. IT ALSO REQUIRES THE EMPLOYEE TO IMMEDIATELY INFORM THEIR DIRECTOR IF THEY OR THEIR IMMEDIATE FAMILY HAS A CONFLICT OF INTEREST. EACH EMPLOYEE SIGNS A FORM THAT ACKNOWLEDGES THAT THEY HAVE RECEIVED THE HR MANUAL WHEN THEY ARE HIRED. THE HR MANUAL IS ALSO AVAILABLE ON OUR INTRANET, BUT THE EMPLOYEES ARE NOT REQUIRED TO SIGN ANYTHING FURTHER. OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST AT THE BEGINNING OF EVERY BOARD MEETING. | |
| FORM 990, PART VI, SECTION B, LINE 15 | DATA ON COMPENSATION FOR THE CEO, CFO, COO AND CCMO POSITIONS AT ORGANIZATIONS SIMILAR TO ASRT IS GATHERED FROM SEVERAL SOURCES. THESE SOURCES INCLUDE CEO UPDATE EXECUTIVE COMPENSATION IN ASSOCIATIONS SURVEY AND THE GUIDESTAR NATIONAL COMPENSATION REPORT WHICH ARE USED AS A STARTING POINT FOR AN EXTENSIVE REVIEW OF 990 INFORMATION ON 17 SIMILAR ORGANIZATIONS. COMPARISON USED ARE STAFF SIZE, MEMBERSHIP SIZE AND ORGANIZATIONAL BUDGET. AS AN ADDITIONAL COMPARATIVE THE ASSOCIATION COMPENSATION AND BENEFITS STUDY PRODUCED BY ASAE & THE CENTER FOR ASSOCIATION LEADERSHIP IS USED. A REPORT ON THE INFORMATION ALONG WITH THE DATA IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. THE BOARD OF DIRECTORS TAKES DIRECT COMPENSATION ACTION ON THE CEO. THE CEO IS RESPONSIBLE FOR DIRECT COMPENSATION DECISIONS FOR THE CFO, COO, CCMO AND ALL OTHER EMPLOYEES. FORMAL DOCUMENTATION OF THE DISCUSSIONS AND DECISIONS OF THE BOARD OF DIRECTORS IS MAINTAINED. THE CHAIRMAN OF THE BOARD COMMUNICATES THE DECISION ON CEO COMPENSATION CHANGES TO THE COO WHO GENERATES A COMPENSATION CHANGE NOTICE FOR THEIR SIGNATURE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND ANNUAL REPORT WHICH CONTAIN SUMMARY FINANCIAL INFORMATION ARE ON THE ORGANIZATION'S WEBSITE. THE CONFLICT OF INTEREST POLICY AND FURTHER FINANCIAL INFORMATION ARE AVAILABLE UPON REQUEST. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -1,464,307. K-1 MARINER ACCESS II, LLC UBIT INCOME -595. K-1 ROBECO-SAGE ACCESS, LLC UBIT INCOME -2,452. TOTAL TO FORM 990, PART XI, LINE 5: -1,467,354. |
| FORM 990, PART XI, LINE 2C: | THE SELECTION OF THE INDEPENDENT AUDITOR AND THE OVERSIGHT OF THE AUDIT IS PERFORMED BY THE ORGANIZATION'S BOARD. | |
| OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMP. EMPLOYEES | FORM 990, PART VII | DIANE MAYO, R.T.(R)(CT) - CHAIRMAN ENDING 6/11 JAMES B. TEMME, M.P.A., R.T.(R)(QM), FASRT - PRESIDENT ENDING 6/11, CHAIRMAN BEGINNING 6/11 DAWN MCNEIL, M.S.M., R.T.(R)(M), RDMS, RVT, CRA - PRESIDENT-ELECT ENDING 6/11, PRESIDENT BEGINNING 6/11 DONNA L. THALER LONG, M.S.M., R.T.(R)(M)(QM), FASRT - SPEAKER OF THE HOUSE ENDING 6/11, PRESIDENT-ELECT BEGINNING 6/11 SANDRA HAYDEN, M.A., R.T.(R)- VICE SPEAKER OF THE HOUSE ENDING 6/11, SPEAKER OF THE HOUSE BEGINNING 6/11 MICHAEL LATIMER, B.S., R.T.(R) - VICE PRESIDENT ENDING 6/11 JULIE GILL, PH.D., R.T.(R)(QM) - SECRETARY-TREASURER ENDING 6/11, VICE PRESIDENT BEGINNING 6/11 SALVATORE MARTINO, ED.D., R.T.(R), FASRT, CAE - CHIEF EXECUTIVE OFFICER MARK HOOVER, C.P.A. - CHIEF FINANCIAL OFFICER GREGORY MORRISON, M.A., CAE, R.T.(R), CNMT - CHIEF OPERATING OFFICER CEELA MCELVENY, CAE - CHIEF COMMUNICATIONS AND MEMBERSHIP OFFICER CHRISTINE J. LUNG, CAE - VP OF GOVERNMENT RELATIONS AND PUBLIC POLICY MICHAEL KUDLAS, M.ED., R.T.(R)(QM) - CHIEF ACADEMIC OFFICER KEVIN POWERS, ED.S., R.T.(R)(M) - DIRECTOR OF EDUCATION JANET MCEWEN, CAE - DIRECTOR OF CORPORATE RELATIONS WILLIAM J. BRENNAN, JR., M.A., R.T.(R)(CT), CIIP - SECRETARY-TREASURER BEGINNING 6/11 G. TIM WESCOTT, A.A.S., R.T.(R), FASRT - VICE SPEAKER OF THE HOUSE BEGINNING 6/11 LIANA WATSON, D.M., R.T., RDMS - CHIEF GOVERNANCE AND DEVELOPMENT OFFICER |
| FORM 990 PART VI, SECTION A, LINE 8B: | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY, BUT IF THERE WERE THE MEETINGS HELD WOULD BE DOCUMENTED. |
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