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 3 | THE FORUM HAS DELEGATED THE MANAGEMENT OF ITS DAILY OPERATIONS TO SMITHBUCKLIN CORPORATION. SMITHBUCKLIN CORPORATION IS A MANAGEMENT COMPANY WHICH MANAGES ALL ASPECTS OF THE ASSOCIATION IN ACCORDANCE WITH THE ASSOCIATION'S BYLAWS AND POLICIES. OPERATIONS MAY INCLUDE, BUT ARE NOT LIMITED TO, ADMINISTRATION, MEMBERSHIP, FINANCE AND ACCOUNTING, CONVENTION/TRADESHOW/MEETING PLANNING, EDUCATION, MARKETING, INFORMATION TECHNOLOGY AND GOVERNMENT RELATIONS. SMITHBUCKLIN CORPORATION EMPLOYEES PROVIDE THESE SERVICES. |
| FORM 990, PART VI, SECTION A, LINE 7A | PER THE BYLAWS OF THE ORGANIZATION, EACH DUES-PAYING ACADEMIC HEALTH CENTER MEMBER MAY CAST ONE VOTE FOR THE ANNUAL ELECTION OF THE BOARD OF DIRECTORS. A SLATE OF CANDIDATES IS PREPARED BY THE NOMINATING COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. A BALLOT IS THEN DISTRIBUTED TO THE MEMBERSHIP FOR VOTING. A MAJORITY OF THE VOTING MEMBERS IS REQUIRED TO ELECT NEW DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | PER THE BYLAWS OF THE ORGANIZATION, ALL GOVERNANCE AND CHANGES TO THE BYLAWS ARE PRESENTED TO THE MEMBERSHIP AT THE ANNUAL MEMBERS MEETING IN APRIL. A MAJORITY OF ACADEMIC HEALTH CENTER VOTES IS REQUIRED TO APPROVE ANY CHANGES. |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD'S FINANCE AND AUDIT SUBCOMMITTEE PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SUBMIT A QUESTIONNAIRE AND STATEMENT OF DISCLOSURE ANNUALLY. THEY ARE REQUIRED TO INFORM THE AUDIT COMMITTEE IF THERE IS ANY CHANGE OR IF A CONFLICT ARISES DURING THE YEAR. THE AUDIT COMMITTEE REVIEWS EACH QUESTIONNAIRE AND DISCLOSURE STATEMENT OR ANY SET OF FACTS OR CIRCUMSTANCES THAT MAY REFLECT AN ACTUAL, POTENTIAL, OR APPARENT CONFLICT OF INTEREST. THE AUDIT COMMITTEE MAY REQUEST THE ASSISTANCE OF LEGAL COUNSEL TO IDENTIFY POTENTIAL CONFLICTS. THE AUDIT COMMITTEE MAY ASK FOR ADDITIONAL INFORMATION. THE AUDIT COMMITTEE MAKES RECOMMENDATIONS TO THE BOARD TO EITHER WAIVE THE CONFLICT OR ASK THE DIRECTOR TO RESIGN. THE BOARD OF DIRECTORS HAS THE FINAL DECISION ON THE RECOMMENDATIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FORUM'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND YEAR END FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS AND REVIEWED AT THE ANNUAL MEMBERS' MEETING. THIS INFORMATION IS ALSO AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. |
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