Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | AN EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, CONSISTING OF THE CHAIR, THE CHAIR ELECT, THE IMMEDIATE PAST CHAIR, THE PRESIDENT, THE GENERAL COUNSEL, THE SECRETARY AND THE TREASURER SHALL, BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, HAVE AND MAY EXERCISE, SO FAR AS MAY BE PERMITTED BY LAW, FULL AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE ASSOCIATION EXCEPT THAT THE EXECUTIVE COMMITTEE MAY NOT CHANGE, SUPPLEMENT OR REPEAL THE ASSOCIATION'S ARTICLES OF INCORPORATION OR THESE BYLAWS, MAY NOT FILL VACANCIES ON THE BOARD OF DIRECTORS, MAY NOT ELECT OFFICERS, MAY NOT SUSPEND OR CANCEL MEMBERSHIP IN THE ASSOCIATION, MAY NOT CONVENE A MEMBERSHIP MEETING AND MAY NOT DISSOLVE THE ASSOCIATION. THE EXECUTIVE COMMITTEE SHALL KEEP A RECORD OF ITS ACTS AND SHALL PROMPTLY REPORT SUCH ACTS TO THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERS OF THE ASSOCIATION CONSIST OF INDIVIDUALS, CORPORATIONS, ASSOCIATIONS, OR OTHER ENTITIES WHO SUPPORT THE ASSOCIATION'S MISSION. THERE ARE THREE CLASSES OF MEMBERS: CLASS A, CLASS B, AND ASSOCIATE. CLASS A MEMBERS ARE ANY ORGANIZATION WHICH IS NOT AN INSURER, LAW FIRM OR ASSOCIATION OF INSURERS OR LAWYERS. CLASS B MEMBERS CONSIST OF ALL OTHER ORGANIZATIONS AND ASSOCIATE MEMBERS ARE ANY INDIVIDUAL. ASSOCIATE MEMBERS MAY BE CONSIDERED HONORARY MEMBERS IF THE INDIVIDUAL HAS CONTRIBUTED TO THE ASSOCIATION'S MISSION THROUGH THEIR DECISION MAKING, LEADERSHIP OR SCHOLARSHIP. |
| FORM 990, PART VI, SECTION A, LINE 7A | CLASS A MEMBERS HAVE FULL VOTING RIGHTS. CLASS B, ASSOCIATE AND HONORARY MEMBERS DO NOT HAVE VOTING RIGHTS. AT ALL MEETINGS CLASS A MEMBERS HAVE ONE VOTE, AND MAY TAKE PART AND VOTE IN PERSON OR BY PROXY. THE MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED BY A MAJORITY OF CLASS A MEMBERS VOTING IN PERSON OR BY PROXY. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD MEMBERS AND EMPLOYEES ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO RETURN IT TO THE ASSOCIATION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE PRESIDENT OF THE ASSOCIATION'S COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE WHO USES COMPENSATION SURVEYS AND ASAE DATA. ALL OTHER KEY EMPLOYEE'S COMPENSATION IS DETERMINED BY THE PRESIDENT WHO REVIEWS COMPENSATION SURVEYS AND ASAE DATA TO MAKE THE DECISION ON APPROPRIATE COMPENSATION LEVELS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASSOCIATION WOULD CONSIDER MAKING THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IF REQUESTED TO DO SO. HOWEVER, THESE DOCUMENTS ARE TYPICALLY NOT MADE AVAILABLE TO THE PUBLIC. |
| FORM 990, PART IX, LINE 11G | PROGRAM CONSULTING 594,250. POLICY DEVELOPMENT CONSULTING 71,750. MEMBERSHIP DEVELOPMENT CONSULTING 90,000. OTHER PROFESSIONAL FEES 13,323. |
| FORM 990, PART XII, LINE 2C: | THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR. |
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