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 | SIR IS A MEMBERSHIP BASED ORGANIZATION WITH APPROXIMATELY 5,000+ MEMBERS WHO ARE INVOLVED WITH INTERVENTIONAL RADIOLOGY. ACTIVE MEMBERS AND FELLOWS HAVE VOTING RIGHTS ON GOVERNING DECISIONS OF SIR. |
| FORM 990, PART VI, SECTION A, LINE 7A | ACTIVE MEMBERS AND FELLOWS OF SIR HAVE THE RIGHT TO VOTE FOR THE ELECTION OF OFFICERS AND OTHER MEMBERS OF THE EXECUTIVE COUNCIL. |
| FORM 990, PART VI, SECTION A, LINE 7B | ACTIVE MEMBERS AND FELLOWS' RIGHTS TO VOTE INCLUDE THE APPROVAL OF MEMBERSHIP DUES AND ASSESSMENTS, THE AMENDMENTS TO THE BYLAWS, AND SIR'S ARTICLES OF INCORPORATION. |
| FORM 990, PART VI, SECTION B, LINE 11 | SIR HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990. UPON RECEIPT OF THE DRAFT FORM 990, IT IS REVIEWED BY THE EXECUTIVE DIRECTOR AND SENIOR DIRECTOR OF FINANCE. A COPY OF THE DRAFT FORM 990 IS THEN SENT TO THE BOARD OF DIRECTORS VIA E-MAIL. A PERIOD OF A FEW DAYS IS GIVEN TO THE BOARD MEMBERS TO ADDRESS ANY CONCERNS THAT THEY MAY HAVE BEFORE THE FEDERAL FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT EACH BOARD OF DIRECTORS MEETING (HELD 2 TIMES PER YEAR) A CONFLICT OF INTEREST DOCUMENT IS DISTRIBUTED TO ALL OF THE MEMBERS INCLUDING KEY EMPLOYEES AND OFFICERS, FOR UPDATE AND THEIR SIGNATURE VERIFYING IF THERE ARE ANY CONFLICTS OF INTEREST. AT ANY MEETING OR OCCASION, IF A MEMBER OR KEY EMPLOYEE AND OFFICER DISCLOSE THAT THEY HAVE A MATERIAL FINANCIAL INTEREST IN A PROPOSED TRANSACTION IT IS RECORDED IN THE MINUTES. THE PERSON WHO HAS A CONFLICT OF INTEREST IS NOT ALLOWED TO VOTE ON A QUESTION THAT RELATES TO ANY PROPOSED TRANSACTION IN WHICH THEY HAVE A MATERIAL FINANCIAL INTEREST. NO KEY EMPLOYEES ARE VOTING MEMBERS ON THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 15 | AN OUTSIDE FIRM DOES A MARKET COMPARISON SURVEY BY JOB DESCRIPTION, FIELD (MEDICAL ASSOCIATION), REGION, AND SIZE OF ORGANIZATION AS COMPARISONS. THIS SURVEY IS SHARED WITH THE FINANCE COMMITTEE AND EXECUTIVE COUNCIL. THE LAST COMPENSATION REVIEW WAS CONDUCTED FOR SIR'S OFFICERS AND KEY EMPLOYEES IN 2010. CEO COMPENSATION IS ALSO INCLUDED TO INCLUDE A LOOK AT BONUS COMPARISONS AS WELL AS FRINGE BENEFITS. THE EXECUTIVE COMMITTEE DOES A REVIEW WITH THE EXECUTIVE DIRECTOR ANNUALLY. THE LAST COMPENSATION REVIEW CONDUCTED FOR THE CEO WAS IN 2014. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST VIA EMAIL LINK ON THE SOCIETY'S WEBSITE OR BY PHONE CALL TO THE CORPORATE OFFICE. |
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