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TIN:
SCHEDULE O
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is atwww.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public
Inspection
Inspection
Name of the organization
American Osteopathic Information
Association
Association
Employer identification number
36-4340931
36-4340931
| Return Reference | Explanation |
|---|---|
| Form 990, Part III, line 3 | Healthcare Facilities Accreditation Program (HFAP) is a program of accreditation for hospitals and other healthcare facilities, which the American Osteopathic Association ("AOA") implemented in 1945. In October 2015, AOA concluded a transaction that will result in the sale of HFAP. The transaction is proceeding in two phases. First, effective October 1, 2015, management of HFAP's operations was taken over by the Accreditation Association for Hospitals and Health Systems (AAHHS), which is based in Skokie, Illinois, while the AOA's Bureau of Healthcare Facilities Accreditation will remain responsible for accreditation decisions and setting accreditation standards. AAHHS is currently applying for approval from the Centers for Medicare and Medicaid Services to accredit acute care hospitals, critical access hospitals and clinical laboratories. The second phase of the transaction will begin after CMS approval (sometimes referred to as "deemed status") for AAHHS to accredit hospitals and laboratories is secured, at which time AAHHS will take over the accreditation decision and setting accreditation standards and AOA's involvement in the hospital accreditation program will cease. During the first phase of the transaction, AAHHS is responsible for payment of all of HFAP's operating expenses, including the cost of employees and independent contractors of the Association who were involved in HFAP. AAHHS also agreed to pay AOA for any ongoing operating expenses associated with the program and AAHHS entered into an agreement with AOA to lease the space previously used by the Association for HFAP operations. With respect to revenues, AOA and the Association retain all deferred revenue streams based on hospitals accredited prior to the October 1, 2015 transaction date. However, revenues from hospitals accredited after October 1 (including renewals of accreditation) are AAHHS's revenues. At May 31, 2016, the Association owed AAHHS $490,808 for revenues collected on AAHHS's behalf. Finally, AAHHS will pay AOA a $475,000 acquisition fee, which is to be paid over a four-year period beginning on October 1, 2018. |
| Form 990, Part VI, Section A, line 4 | In FY16 the organization amended its bylaws to expand its purpose and provide further clarification that the AOA CEO is an ex-officio member of the Board of Directors, with voting rights. |
| Form 990, Part VI, Section A, line 6 | The organization has members. |
| Form 990, Part VI, Section A, line 7a | The AOA is the "Institutional member" of the AOIA and as such is entitled to name up to 6 directors. Up to 3 directors are elected by the membership. |
| Form 990, Part VI, Section B, line 11 | The Treasurer reviews Form 990 and presents to the Board for review and approval before filing. |
| Form 990, Part VI, Section B, line 12c | American Osteopathic Information Association follows the policies of American Osteopathic Association. Before such requests are approved the requesting officer, director, trustee, or key employee must disclose any potential conflict of interest and the Board is polled. General Counsel and/or the Controller review any potential conflicts. Those key personnel with conflicts are advised to recuse themselves from participating in decision-making related to the conflict. |
| Form 990, Part VI, Section B, line 15 | American Osteopathic Information Association follows the policies of American Osteopathic Association. The compensation (salaries, bonuses, benefits) for the officers and key employees are set based upon information provided by an external compensation service, who furnishes information drawn from surveys of information (including Forms 990) from comparable healthcare associations and other employers in the relevant geographic markets. A committee of the Board of Trustees of American Osteopathic Association - the Committee on Administrative Personnel (COAP) - is provided the information for the Executive Director's compensation and makes a recommendation for final approval by the entire Board of Trustees. The COAP also reviews and makes recommendations to the Board of Trustees regarding aggregate compensation for the other officers and key employees. Decisions are contemporaneously documented. |
| Form 990, Part VI, Section C, line 19 | The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d). |
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2015
Additional Data
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