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 | CLASSES OF MEMBERSHIP: (A) DIRECT MEMBERS. NON-VOTING MEMBERSHIP IN AIAG SHALL BE OPEN TO ANY LEGALLY ESTABLISHED BUSINESS ENTITY THAT IS A DIRECT MANUFACTURER OR DIRECT SUPPLIER OF PRODUCTS OR SERVICES TO THE AUTOMOTIVE AND OFF HIGHWAY INDUSTRIES, SUPPORTS THE PURPOSES OF AIAG, AND MEETS SUCH OTHER CONDITIONS AS DETERMINED BY THE BOARD OF DIRECTORS (EACH A "DIRECT MEMBER"). THE BENEFITS AVAILABLE TO DIRECT MEMBERS SHALL BE DEFINED BY THE BOARD OF DIRECTORS OR ITS DELEGATE. (B) NON-DIRECT MEMBERS. THE BOARD OF DIRECTORS MAY OFFER NON-VOTING MEMBERSHIPS TO NON-DIRECT SUPPLIERS OF PRODUCTS OR SERVICES TO THE AUTOMOTIVE AND OFF HIGHWAY INDUSTRIES, AND ASSOCIATIONS, GOVERNMENT UNITS, ACADEMIC INSTITUTIONS, OR OTHER ENTITIES THAT HAVE LEGITIMATE INTERESTS IN THE PURPOSES AND ACTIVITIES OF AIAG (EACH A "NON-DIRECT MEMBER"). THE BENEFITS AVAILABLE TO NON-DIRECT MEMBERS SHALL BE AS DEFINED BY THE BOARD OF DIRECTORS OR ITS DELEGATE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CFO/TREASURER REVIEWS THE FORM 990 WITH THE EXECUTIVE DIRECTOR/PRESIDENT. A COPY OF THE RETURN IS REVIEWED WITH THE BOARD OF DIRECTORS FINANCE COMMITTEE. THE FINANCE COMMITTEE IS AUTHORIZED BY THE BOARD TO ACT ON ALL FINANCIAL MATTERS. THE RETURN IS FILED AFTER THE REVIEW MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF DIRECTORS AND OFFICERS FILL OUT A CONFLICT OF INTEREST STATEMENT ANNUALLY AT THE OCTOBER BOARD MEETING. THE FORMS ARE COMPILED AND REVIEWED BY THE SECRETARY FOR CONFLICTS. ANY NOTED CONFLICTS ARE SUBMITTED TO THE CHAIRMAN OF THE BOARD. IF A CONFLICT EXISTS, THE INVOLVED PERSON(S) WOULD RECUSE THEMSELVES FROM VOTING ON THE MATTER. ALL NEW BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST STATEMENT WHEN THEY ARE ELECTED. |
| FORM 990, PART VI, SECTION B, LINE 15A | AN INDEPENDENT HR CONSULTANT ANNUALLY PREPARES A COMPENSATION COMPARATIVE FOR THE EXECUTIVE DIRECTOR (PRESIDENT) AND THE CFO (SECRETARY/TREASURER). THE EXECUTIVE DIRECTOR REVIEWED AND DOCUMENTED THE COMPARISON STUDY FOR THE CFO WITH HR IN FEBRUARY 2019. THE OBJECTIVES AND COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED AND APPROVED THE COMPARISON STUDY FOR THE EXECUTIVE DIRECTOR IN FEBRUARY 2019. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | FOREIGN CURRENCY TRANSLATION 1,007. |
| FORM 990, PART XII, LINE 2C: | THE OVERSIGHT PROCESS HAS NOT CHANGED IN THE CURRENT YEAR. |
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