Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| F990_P06_S0A_L06 | Form 990, Part VI, Section A, Line 6 | AACN Certification Corporation is organized as a not-for-profit Corporation. It's sole member is its affiliated not-for-profit association, American Association of Critical-Care Nurses (AACN). |
| F990_P06_S0A_L07a | Form 990, Part VI, Section A, Line 7a | The AACN Certification Corporation Board of Directors is comprised of nine voting directors and the CEO who serves as ex-officio member with no power to vote. For seven of the director positions, candidates are vetted by a governance committee and then forwarded to both the AACN Certification Corporation Board as well as the AACN Board of Directors for appointment to a 3-year term in office. The two additional directors share joint appointments on the AACN and AACN Certification boards and are designated by the President of AACN and the Chairperson of AACN Certification Corporation to serve a one-year term on the Certification Board while fulfilling their three-year AACN board term. |
| F990_P06_S0A_L07b | Form 990, Part VI, Section A, Line 7b | The bylaws of AACN Certification Corporation state that the following actions need to be approved by the written assent of its sole member, AACN: (a) the borrowing of money for long-term capital needs of Certification; (b) the purchase, sale, lease, disposition or hypothecation of real property by Certification; (c) the merger, dissolution, or sale of all assets of Certification; and (d) the amendment of the Articles of Incorporation or the Bylaws of Certification. |
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | The completed 990 and associated schedules were disseminated to the Audit Committee for review in advance of a conference call designed to review and approve the return. All Audit Committee members, along with the Chief Financial Officer, were on the conference call and all questions or concerns raised by the committee members were resolved to ensure unanimous approval of the return. The Audit Committee then reports any findings to the full Board of Directors. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | The Conflict of Interest Policy is reviewed annually at the Fall Board meeting as this is the orientation meeting for new Board members. Each Director is required annually to complete a Conflicts of Interest Statement that lists any potential conflicts. In addition, all employees agree to Conflict of Interest and Work Ethics statements contained in the Employee Handbook. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | AACN Certification Corporation shares employees with its affiliate, American Association of Critical-Care Nurses (AACN) and all compensation is recorded through AACN but allocated to AACN Certification Corporation based on estimated percentages of time spent on Certification work. The process of reviewing and setting CEO compensation is the responsibility of the AACN President and the AACN President-Elect, with the Immediate Past President serving as an ad-hoc member. The current AACN Treasurer and AACN Secretary join and serve on the committee whenever decisions related to CEO compensation are required. The Committee performs an annual performance of the CEO in accordance with the policies and procedures adopted by the Board of Directors. The committee then establishes the annual compensation of the CEO based on the CEO's contract, the performance evaluation and a review of comparable compensation data. The Chief Financial Officer provides consultation to the compensation committee related to CEO benchmarking survey information. The CEO compensation was reviewed and adjusted in September 2010. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | AACN Certification Corporation does not currently make available to the public any governing documents, conflict of interest policies or audited financial statements. AACN Certification Corporation financials are consolidated with American Association of Critical-Care Nurses (AACN), and these consolidated audited financial statements are posted on the AACN website. |
| F990_P11_S00_L05 | Form 990, Part XI, Line 5 | Unrealized gain on investments as of yearend. |
| Software ID: | 10000077 |
| Software Version: | v1.00 |