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 | UNDER AN AGREEMENT WITH KRISSOFF AND ASSOCIATES, INC., AEMA PAYS AN ANNUAL FEE FOR MANAGEMENT SERVICES. THE ANNUAL MANAGEMENT FEE PAID TO KRISSOFF & ASSOCIATES PROVIDES COMPENSATION FOR ITS DELIVERY OF A CONTRACTED SCOPE OF SERVICES TO AEMA. THE SERVICES INCLUDE A COMPOSITE OF INFRASTRUCTURE (OFFICE SPACE AND FURNISHINGS, TELEPHONE SYSTEM, COMPUTER SYSTEMS, WAREHOUSE SPACE), TECHNOLOGY, AND PERSONNEL EXPENSES, INCLUDING COMPENSATION FOR THE SERVICES OF THREE STAFF PERSONS, INCLUDING THE EXECUTIVE DIRECTOR, THE DIRECTOR OF MEMBER SERVICES, AND THE ONLINE MARKETING MANAGER. AS AN EMPLOYEE OF KRISSOFF & ASSOCIATES, MICHAEL KRISSOFF WAS COMPENSATED FOR HIS ROLE AS EXECUTIVE DIRECTOR OF AEMA. THE AGREEMENT IS RENEWED EVERY TWO YEARS AND WAS RENEWED IN OCTOBER 2014. |
| FORM 990, PART VI, SECTION A, LINE 6 | AEMA CONSISTS OF 98 MEMBERS: 56 NORTH AMERICAN MANUFACTURERS, 4 INTERNATIONAL MANUFACTURERS, 15 SUPPLIERS, 13 ASSOCIATES, 6 INDIVIDUALS & 4 HONORARY MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | AEMA VOTING MEMBERS, NORTH AMERICAN MANUFACTURERS, INTERNATIONAL MANUFACTURERS, AND SUPPLIERS CAST VOTES FOR THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | VOTING MEMBERS APPROVE CHANGES TO BY-LAWS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. A COPY OF THE FINAL FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS BEFORE IT WAS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | BEFORE EVERY MEETING, THE CONFLICT OF INTEREST POLICY IS BROUGHT TO THE ATTENTION OF ALL ATTENDEES. IF A MEMBER OF THE ORGANIZATION IS AWARE OF A CONFLICT OF INTEREST, THE MEMBER RECUES HIM/HERSELF FROM VOTING ON SUCH MATTERS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VI, SECTION B, LINE 15 | WHILE THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES, THE BOARD OF DIRECTORS APPROVES THE MANAGEMENT CONTRACT AND FEES. |
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