Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
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| FORM 990, PART VI, SECTION A, LINE 4 | THE ASSOCIATION REVISED THE BYLAWS TO REFLECT THE FOLLOWING SIGNIFICANT CHANGES: 1) REPLACING THE EXECUTIVE COUNCIL WITH A BOARD OF DIRECTORS EFFECTIVE JULY 1, 2014 RESPONSIBLE FOR ESTABLISHING STRATEGIC PRIORITIES, SETTING BUSINESS AND OPERATIONAL POLICIES AND PROCEDURES, HAVING FIDUCIARY AND OPERATIONAL OVERSIGHT, AND FACILITATING IMPLEMENTATION OF THE ASSOCIATION'S STRATEGIC PLAN. THE BOARD OF DIRECTORS LEADS THE CONTINUING AFFAIRS OF THE ASSOCIATION; 2) CHANGING THE COMPOSITION OF THE BOARD OF DIRECTORS BY REPLACING FOUR NON-VOTING PROGRAM MANAGER POSITIONS WITH FOUR VOTING STRATEGIC LIAISONS (THIS EXPANDS THE NUMBER OF VOTING MEMBERS ON THE BOARD FROM THIRTEEN TO SEVENTEEN); 3) CHANGING THE TERM FOR DELEGATE REPRESENTATIVES FROM TWO YEARS TO THREE YEARS; 4) CHANGING THE DELEGATE ASSEMBLY TO THE LEADERSHIP ASSEMBLY (LA) AND EXPANDING THE GROUP TO INCLUDE DELEGATES, BOARD MEMBERS AND COMMITTEE CHAIRS; AND, 5) DEFINING THE LA SCOPE OF RESPONSIBILITY AS ESTABLISHING THE STRATEGIC PLAN AND PROFESSIONALLY RELATED POLICIES OF THE ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ASSOCIATION HAS THE FOLLOWING TYPES OF MEMBERS: REGULAR, HONORARY, STUDENT, RETIRED, INTERNATIONAL AND AFFILIATE. |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL INDIVIDUAL MEMBERS, WITH EXCEPTION OF INTERNATIONAL AND AFFILIATE MEMBERS, HAVE THE RIGHT TO VOTE CONSISTENT WITH THEIR STATE AFFILIATION. INTERNATIONAL MEMBERS ARE ELIGIBLE TO VOTE ONLY IN ELECTIONS FOR NATIONAL OFFICERS. AFFILIATE MEMBERSHIPS DO NOT INCLUDE VOTING PRIVILEGES IN THE ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ASSOCIATION DOES NOT HAVE ANOTHER COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE ASSOCIATION'S FEDERAL FORM 990 IS PREPARED BY AN INDEPENDENT AUDIT FIRM IN CONJUNCTION WITH THE NASP COO AND FINANCE STAFF. THE DRAFT FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, COO AND FINANCE STAFF AND THEN PROVIDED TO THE FINANCE ADVISORY COMMITTEE FOR REVIEW AND APPROVAL. THE DRAFT FORM 990 IS ALSO MADE AVAILABLE TO THE FULL BOARD OF DIRECTORS FOR REVIEW BEFORE IT IS OFFICIALLY FINALIZED AND FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS REVIEWED AT THE BEGINNING OF EACH BOARD OF DIRECTORS (BOARD) AND LEADERSHIP ASSEMBLY (LA) MEETING. EACH MEMBER OF THE BOARD AND LA IS REQUIRED TO SIGN THE COI STATEMENT AT THE BEGINNING OF EACH FISCAL YEAR. NEW BOARD AND LA MEMBERS MUST SIGN THE POLICY AT THE TIME THEY ARE ELECTED OR APPOINTED. A COVER MEMO IS DISTRIBUTED WITH THE COI STATEMENT EACH YEAR THAT EXPLAINS THE REASON FOR THE COI POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE ASSOCIATION RETAINS THE SERVICES OF AN INDEPENDENT COMPENSATION CONSULTANT TO REVIEW THE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR. THE CONSULTANT PREPARES A COMPARATIVE COMPENSATION ANALYSIS OF APPROXIMATELY 14 ORGANIZATIONS THAT ARE SIMILAR IN SIZE AND MISSION AND BASED ON THAT ANALYSIS WILL MAKE A RECOMMENDATION TO THE PERSONNEL WORKGROUP (PWG). THE PERSONNEL WORKGROUP IS CHARGED WITH THE ANNUAL PERFORMANCE EVALUATION OF THE EXECUTIVE DIRECTOR, AS WELL AS REVIEWING THE COMPENSATION ANALYSIS FROM THE CONSULTANT. BASED ON THE CONSULTANT'S ANALYSIS AND RECOMMENDATION, THE PWG WILL RECOMMEND AN ANNUAL COMPENSATION PACKAGE TO THE BOARD FOR CONSIDERATION. THE BOARD IS THE GOVERNING BODY THAT FORMALLY APPROVES THE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR. THE ASSOCIATION ALSO HAS A WRITTEN EMPLOYMENT CONTRACT WITH THE EXECUTIVE DIRECTOR, WHICH ALSO PROVIDES GUIDANCE WITH RESPECT TO COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASSOCIATION'S FEDERAL FORM 990 AND IRS TAX EXEMPT DETERMINATION LETTER ARE AVAILABLE TO THE PUBLIC AT WWW.NASPONLINE.ORG. THE CONFLICT OF INTEREST POLICY IS MADE AVAILABLE UPON REQUEST AND THE REQUESTS FOR FINANCIAL STATEMENTS ARE CONSIDERED ON A CASE-BY-CASE BASIS. |
| FORM 990, PART VII, SECTION A, LINE 1A: | THE COMPENSATION AMOUNT IN PART VII, COLUMN D FOR STEPHEN BROCK, PRESIDENT, IS REPORTED AS $25,400 BECAUSE PAYMENT FOR HIS SERVICES ONLY PARTIALLY OCCURRED PRIOR TO THE TAX YEAR ENDED WITHIN THE ASSOCIATION'S FISCAL YEAR. THE REMAINING BALANCE WILL APPEAR IN THE FOLLOWING TAX YEAR. THE HOURS REPORTED IN COLUMN (B) ARE ACCURATE FOR THE REPORTING PERIOD. SIMILARLY FOR SALLY BAAS, PAST PRESIDENT, THE AMOUNT IN COLUMN (D) IS FOR SERVICES PERFORMED IN THE PRIOR TAX REPORTING PERIOD BUT PAID DURING THE CALENDAR YEAR ENDED WITHIN THE ASSOCIATION'S FISCAL YEAR. THE HOURS IN COLUMN (B) ARE ACCURATE FOR THE REPORTING PERIOD. |
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