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 1 | THE BOARD SHALL ESTABLISH AN EXECUTIVE COMMITTEE WHICH SHALL CONSIST OF THE PRESIDENT, VICE-PRESIDENT, SECRETARY, TREASURER, AND, IF HE/SHE REMAINS ON THE BOARD, THE IMMEDIATE PAST PRESIDENT. THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT FOR THE TRUSTEES IN ALL MATTERS OF CONCERN TO THE BOARD BETWEEN MEETINGS OF THE BOARD. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED IN FULL TO THE BOARD AT ITS NEXT MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS DRAFTED BY THE ACCOUNTING FIRM FOR THE AMERICAN BOARD OF PATHOLOGY, INC. AND A DRAFT COPY IS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FINALIZING AND FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL TRUSTEES COMPLETE THE CONFLICT OF INTEREST DISCLOSURE AT THE ANNUAL MEETING IN NOVEMBER. SHOULD A TRUSTEE FIND HIM OR HERSELF IN A CONFLICT OR POTENTIAL CONFLICT, THE TRUSTEE SHOULD DISCLOSE THE CIRCUMSTANCES TO THE ABP EITHER THROUGH THE DISCLOSURE STATEMENT OR AT THE TIME THE CONFLICT ARISES. THE BOARD MAY REQUEST OR THE TRUSTEE MAY OFFER TO RECUSE HIM OR HERSELF FROM DISCUSSIONS AND VOTING PERTAINING TO THE ISSUE-GIVING RISE TO THE CONFLICT. IN RARE CIRCUMSTANCES, A TRUSTEE MAY DEEM IT NECESSARY TO RESIGN FROM EITHER THE ABP OR THE OTHER ORGANIZATION. IF THE TRUSTEE DOES NOT TAKE THE APPROPRIATE ACTION AS REQUESTED BY THE BOARD, THE BOARD, BY MAJORITY VOTE, MAY REQUIRE THE TRUSTEE TO TAKE SUCH ACTION OR SEEK HIS OR HER RESIGNATION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE, TOGETHER WITH THE BOARD ATTORNEY, MEET ANNUALLY TO DISCUSS COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. THE GROUP REVIEWS COMPENSATION DATA FOR SIMILAR AGENCIES AND SIZE TO CONCLUDE ON THE LEVEL OF COMPENSATION FOR THE NEXT YEAR. ALL OTHER EMPLOYEES ARE SUBJECTED TO ANNUAL EVALUATIONS BY THE CHIEF EXECUTIVE OFFICER WHO APPROVES PAY ADJUSTMENTS BASED ON PERFORMANCE, AND SUBJECT TO THE BUDGET. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST. IN GENERAL, OTHER POLICY AND GOVERNANCE DOCUMENTS HAVE NOT BEEN MADE PUBLICLY AVAILABLE OR HAVE NOT BEEN REQUESTED. |
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