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 6: | American College of Cardiology has members who are individuals who pay dues to the college. |
| Form 990, Part VI, Section B, line 11: | ACC governing body reviews of the respective 990s includes detailed reviews by the Audit and Compliance Committee, a general review by the Finance Committee and Executive Committee and optional review by each Board of Trustee member. |
| Form 990, Part VI, Section B, Line 12c: | Annual disclosure for all members participating on ACC committees, task forces, working groups, etc. is required. |
| Form 990, Part VI, Section B, Line 15: | ACC REGULARLY REVIEWS COMPENSATION SURVEYS OF OTHER SIMILAR ORGANIZATIONS TO DETERMINE "MARKET" RATES FOR SAME/ OR SIMILAR FUNCTIONS AND POSITIONS. THIS APPLIES TO ALL FULL-TIME AND PART-TIME EMPLOYEES. IN ADDITION, A FULL COMPENSATION STUDY HAS BEEN CONDUCTED BY AN OUTSIDE CONSULTANT FOR ALL SENIOR STAFF POSITIONS AND THIS STUDY IS REVIEWED BY THE FINANCE COMMITTEE. THIS STUDY IS UPDATED AT LEAST EVERY TWO YEARS. ONLY THE CEO'S ANNUAL COMPENSATION, INCLUDING ANY PERFORMANCE AWARDS, IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. AN OUTSIDE COMPENSATION CONSULTANT PROVIDES MARKET DATA FOR THE BOARD OF TRUSTEES TO ENSURE APPROPRIATE MARKET RATE IS USED. COMPENSATION PAID TO ACC AND ACCF MEMBERS, INCLUDING BOARD OF TRUSTEES OFFICERS, IS GOVERNED BY A MEMBER COMPENSATION POLICY THAT INCORPORATES IRS REQUIREMENTS FOR INDEPENDENT REVIEW, ESTABLISHING COMPARABILITY OF COMPENSATION WITH OTHER, SIMILAR POSITIONS AND/OR MARKET RATES AND THE DOCUMENTING OF DELIBERATIONS AND OUTCOMES. COMPENSATION FOR ALMOST ALL MEMBER-FILLED POSITIONS IS BASED ON AN AVERAGE HOURLY RATE FOR CARDIOLOGISTS, AS PUBLISHED FROM AN INDEPENDENT SOURCE, AND THE EXPECTED ANNUAL HOURLY TIME COMMITMENT. IN SOME INSTANCES, THE COMPENSATION AMOUNT IS DECIDED BY USING THE MARKET COMPENSATION FOR SIMILAR, COMPARABLE POSITIONS. COMPENSATION FOR ALL MEMBER HELD POSITIONS ARE REVIEWED BY AN INDEPENDENT (NON-COMPENSATED) MEMBER-ONLY COMPENSATION COMMITTEE TO ENSURE COMPLIANCE WITH IRS REQUIREMENTS. THIS PROCESS IS APPLIED TO BOARD OF TRUSTEE OFFICER POSITIONS (I.E. PRESIDENT, PRESIDENT ELECT, IMMEDIATE PAST PRESIDENT, VICE PRESIDENT, TREASURER, SECRETARY/ BOARD OF GOVERNORS (BOG) CHAIR, BOG CHAIR ELECT AND IMMEDIATE PAST BOG CHAIR) PERIODICALLY. COMPENSATION FOR ALL OTHER MEMBER-FILLED POSITIONS IS REVIEWED BY THE BOARD PERIODICALLY. |
| Form 990, Part VI, Section C, Line 19: | Governing documents: Governing documents, such as bylaws, articles of incorporation and conflict of interest policy are posted on ACC's main website, www.acc.org and its member portal and are made available upon request. CONFLICT OF INTEREST POLICY IS MADE AVAILABLE ON ACC'S OWN WEBSITE AND IS ALSO MADE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS AND FEDERAL TAX RETURNS ARE AVAILABLE UPON REQUEST. IN ADDITION, FEDERAL TAX RETURNS ARE AVAILABLE ON WWW.GUIDESTAR.ORG. |
| Form 990, Part VII, Column A and E | Supplemental compensation information * - The honorarium compensation paid directly to the Trustees employer for their role as Board Officer of American College of Cardiology Foundation. VII#: Name: Role: Paid Direct to: Amount: for Role As: #6 on Form 990, Page 7 (Page 8) MARY NORINE WALSH, MD. FACC ST. VINCENT MEDICAL GROUP PRESIDENT $127,250.00 #11 on Form 990, Page 7 (Page 8) DIPTI ITCHHAPORIA MEDICAL CORP BOARD OF GOVERNORS CHAIR $8,000.00 |
| Form 990, Part XII, Line 2c | Oversight of audit: There have been no changes during the year in the process for oversight of the audit of the financial statements. |
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