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 6 | THE ASSOCIATION HAS THREE CATEGORIES OF MEMBERS - FACILITY MEMBERS, CORPORATE MEMBERS, AND ASC SUPPORTER MEMBERS. FACILITY MEMBERSHIP IS AVAILABLE TO (1) AMBULATORY SURGERY CENTERS EITHER IN OPERATION OR IN A DEVELOPMENTAL STAGE AND (2) ENTITIES THAT OWN, OPERATE, OR MANAGE TWO OR MORE AMBULATORY SURGERY CENTERS. CORPORATE MEMBERSHIP IS AVAILABLE TO AMBULATORY SURGERY CENTERS THAT ARE RUN BY A MEMBERSHIP MANAGEMENT COMPANY. ASC SUPPORTING MEMBERSHIP IS AVAILABLE TO ALL ENTITIES THAT ARE NOT ELIGIBLE FOR MEMBERSHIP IN THE OTHER CATEGORIES. ALL THREE MEMBERSHIP CLASSES HAVE FULL VOTING RIGHTS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERSHIP ELECTS MEMBERS TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS THEN ELECTS THE OFFICERS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS RETAIN THE RIGHT TO MAKE CERTAIN DECISIONS, SUCH AS REMOVAL OF DIRECTORS AND APPROVAL OF AMENDMENTS TO BYLAWS. |
| FORM 990, PART VI, SECTION B, LINE 11 | MANAGEMENT THOROUGHLY REVIEWS THE DRAFT 990, AND IS REQUIRED TO PROVIDE THE BOARD OF DIRECTORS WITH A COMPLETE COPY OF THE 990 AT LEAST FIVE DAYS PRIOR TO FILING THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS REVIEW AND SIGN A DISCLOSURE OF CONFLICT DOCUMENT AT THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION B, LINE 15A | AN OUTSIDE CONSULTANT PERFORMED AN EXECUTIVE COMPENSATION STUDY IN NOVEMBER 2013. THE STUDY WAS USED BY A BOARD APPOINTED COMPENSATION COMMITTEE TO ASSIST THEM IN THEIR RECOMMENDATION TO THE BOARD. AFTER THE BOARD REVIEWED AND DISCUSSED THE RECOMMENDATION WITH THE COMPENSATION COMMITTEE, THE BOARD VOTED ON THE AMOUNT OF COMPENSATION FOR THE CEO FOR 2014. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL FEES 575,706. |
| FORM 990, PART XII, LINE 2C: | IN 2011, ASCA ESTABLISHED AN AUDIT COMMITTEE TO OVERSEE THE AUDIT PROCESS AND RESULTS. THE AUDIT COMMITTEE IS COMPRISED OF THREE BOARD MEMBERS. |
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