Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | APCR MATERIAL BYLAW REVISIONS - APPROVED MARCH 8, 2013 ARTICLE IV. MEMBERSHIP SECTION 2. NONPROFIT ORGANIZATION(S). - ACRP WAS SPECIFIED AS THE SOLE INSTITUTIONAL MEMBER OF APCR. - THE VOTING RIGHTS OF ACRP AT A MEETING OF APCR MEMBERS WAS DELETED. - ACTIONS REQUIRED BY THE INSTITUTIONAL MEMBER INCLUDED: - FINAL ADOPTION OF THE ANNUAL AND ANY REVISED OPERATING AND CAPITAL BUDGETS OF THE CORPORATION SUBMITTED BY THE TRUSTEES. - EACH UNBUDGETED OPERATING OR CAPITAL EXPENDITURE OF APCR THAT EXCEEDS SUCH AMOUNTS AS HAS BEEN SPECIFIED BY THE INSTITUTIONAL MEMBER FROM TIME TO TIME; - EACH TRANSACTION PURSUANT TO WHICH APCR WOULD INCUR NEW DEBT THROUGH LENDER FINANCING OR WOULD GUARANTY THE LENDER-FINANCED DEBT OF OTHERS; - EACH AGREEMENT OR OTHER COMMITMENT BINDING ON ACPR THAT IS OF SUCH A TYPE, OR THAT REQUIRES AN EXPENDITURE OF FUNDS IN EXCESS OF SUCH AMOUNT, AS HAS BEEN SPECIFIED BY THE INSTITUTIONAL MEMBER FROM TIME TO TIME; - THE APPOINTMENT OF A FIRM OR INDEPENDENT PUBLIC ACCOUNTANTS TO CONDUCT AN INDEPENDENT AUDIT OF THE CORPORATION'S FINANCIAL STATEMENTS; - ANY PLEDGE, SALE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY OR ASSETS OF APCR; AND - A LIQUIDIATION, DISSOLUTION OR OTHER RESTRUCTURING OF APCR. ARTICLE V. BOARD OF TRUSTEES SECTION 1. AUTHORITY OF THE BOARD. - THE APCR TRUSTEES SHALL HAVE ALL RESPONSIBILITY AND AUTHORITY TO DISCHARGE THE DUTIES SPECIFIED IN THIS ARTICLE AND SUCH OTHER DUTIES AS MAY BE SET FORTH IN THESE BYLAWS, SUBJECT TO THE RESERVE POWERS OF ACRP AS SET FORTH IN ARTICLE 4, SECTION 2. SECTION 2. COMPOSITION, TERM OF OFFICE, AND QUALIFICATIONS. - THE MAXIMUM NUMBER OF TRUSTEES WAS REDUCED TO EIGHT AND INCLUDES THE EX-OFFICIO SEAT OF THE ACRP TREASURER. ARTICLE VI. OFFICERS SECTION 1. DEFINITION, TERM OF OFFICE, AND QUALIFICATIONS. - THE EXECUTIVE COMMITTEE WAS DISSOLVED AND OFFICERS OF APCR DEFINED AS: THE PRESIDENT, THE PRESIDENT-ELECT, THE IMMEDIATE PAST PRESIDENT, AND ANY OTHER OFFICES AS MAY BE DEFINED AND CREATED BY THE BOARD FROM TIME TO TIME IN ITS SOLE DISCRETION. NO TWO OFFICES MAY BE HELD BY BY THE SAME INDIVIDUAL AT THE SAME TIME. SECTION 2. ELECTION. - THE ELECTION OF AN APCR TREASURER WAS REMOVED. SECTION 6. PRESIDENT. - THE APCR PRESIDENT WAS GIVEN AN EX-OFFICIO, FULL VOTING SEAT ON THE ACRP BOARD OF TRUSTEES AND ACRP EXECUTIVE COMMITTEE. SECTION 7. PRESIDENT-ELECT. - THE APCR PRESIDENT-ELECT WAS GIVEN AN EX-OFFICIO, FULL VOTING SEAT ON THE ACRP BOARD OF TRUSTEES AND ACRP FINANCE COMMITTEE. SECTION 8. IMMEDIATE PAST PRESIDENT. - THE APCR IMMEDIATE PAST PRESIDENT WAS GIVEN AN EX-OFFICIO, FULL VOTING SEAT ON THE ACRP BOARD OF TRUSTEES AND ACRP NOMINATING COMMITTEE. SECTION 9. TREASURER. - THE CHAIR OF THE ACRP FINANCE COMMITTEE, AND TREASURER, SHALL SERVE AS THE TREASURER OF APCR. |
| FORM 990, PART VI, SECTION A, LINE 6 | APCR HAS TWO (2) CLASSES OF MEMBERS: NONPROFIT ORGANIZATION(S) AND INDIVIDUALS. THE SOLE NONPROFIT ORGANIZATION WHO SHALL BE A MEMBER OF APCR SHALL BE ASSOCIATION OF CLINICAL RESEARCH PROFESSIONALS, AN OHIO NONPROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE INDIVIDUALS ELIGIBLE FOR INDIVIDUAL MEMBERSHIP IN APCR SHALL CONSIST OF PHYSICIANS WHO ARE DEDICATED TO PHARMACEUTICAL MEDICINE. THE INDIVIDUAL MEMBERS OF APCR SHALL BE ENTITLED TO VOTE ON ANY MATTER SUBMITTED TO A VOTE AT A MEETING OF MEMBERS OF APCR. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ONE AND ONLY NON-PROFIT ORGANIZATION MEMBER (ACRP) DOES NOT HAVE VOTING RIGHTS. THE INDIVIDUAL MEMBERS ELECT 5 OF THE 9 TRUSTEES OF THE BOARD AT THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE FOLLOWING GOVERNANCE DECISIONS ARE SUBJECT TO APPROVAL BY THE MEMBERS OF APCR: A. AMENDMENTS TO THE ARTICLES OF INCORPORATION B. ELECTION OF TRUSTEES TO THE BOARD C. DISSOLUTION OF THE CORPORATION D. MERGER OR CONSOLIDATION OF THE CORPORATION |
| FORM 990, PART VI, SECTION B, LINE 11 | THE DRAFT VERSION OF THE FORM 990 IS POSTED TO THE BOARD SECTION OF THE ASSOCIATION'S ONLINE COMMUNITY. ACCESS TO THIS SECTION OF THE ONLINE COMMUNITY IS RESTRICTED TO BOARD MEMBERS AND ASSOCIATION STAFF ONLY. THE BOARD MEMBERS ARE NOTIFIED BY EMAIL WITH A LINK TO THE BOARD SECTION OF THE ONLINE COMMUNITY THAT IT IS AVAILABLE FOR THEIR REVIEW AND WILL REMAIN THERE FOR A PERIOD OF TIME. THEY ARE INSTRUCTED TO CONTACT THE DIRECTOR OF FINANCE WITH QUESTIONS. THEY ARE ALSO INSTRUCTED NOT TO PRINT AND/OR DISTRIBUTE THE DOCUMENT AS IT IS ONLY A DRAFT VERSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL MEMBERS OF THE ASSOCIATION'S BOARD OF TRUSTEES ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY MANAGEMENT FOR ITEMS THAT MAY REQUIRE FURTHER INVESTIGATION. COPIES ARE ALSO PROVIDED TO AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM AS PART OF THE ANNUAL AUDIT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE MEMBER ONLY SECTION OF THE ACRP WEBSITE WHICH CAN BE ACCESSED BY APCR MEMBERS. ALSO, THE CONFLICT OF INTEREST QUESTIONNAIRE IS PART OF THE NOMINATION HANDBOOK WHICH CAN BE SEEN BY ANYONE. |
| FORM 990, PART XII, LINE 2B: | APCR'S FINANCIAL STATEMENTS WERE AUDITED ON A CONSOLIDATED BASIS. |
| FORM 990, PART XII, LINE 2C: | THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| Software ID: | |
| Software Version: |