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 | THE BOARD DELEGATED BROAD AUTHORITY TO THE EXECUTIVE COMMITTEE WHO THEN RECEIVES AFFIRMATION FROM THE FULL BOARD AS REQUIRED BY GOVERNING DOCUMENTS. |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERSHIP IN THE CORPORATION SHALL BE LIMITED TO MEMBER COMPANIES. ANY PERSONS, CORPORATIONS, FIRMS, PARTNERSHIPS, OR OTHER ENTITIES ENGAGED IN MANUFACTURING AND RELATED BUSINESS SERVICES WITHIN THE INDUSTRY SHALL BE ELIGIBLE FOR MEMBERSHIP IN THE CORPORATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE TRUSTEES SHALL BE ELECTED AT THE ANNUAL MEETING EACH YEAR. THE BOARD SHALL BE SELECTED FROM AMONG TOP-LEVEL EXECUTIVES OF MEMBER COMPANIES, PROVIDED THAT NO MORE THAN ONE TRUSTEE SHALL BE SELECTED FROM ANY MEMBER COMPANY. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE FORM 990 WAS SUBMITTED TO THE PRESIDENT AND CEO, CHAIRMAN, VICE CHAIRMAN AND THE BOARD PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, ALL EMPLOYEES SIGN A CODE OF CONDUCT POLICY WHICH REQUIRES EMPLOYEES TO NOTIFY MAPI IF THERE IS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. SIMILARLY, THE ORGANIZATION'S GOVERNING BODY, THE EXECUTIVE COMMITTEE OF THE MAPI BOARD OF TRUSTEES, MUST ALL SIGN A CONFLICT OF INTEREST NOTICE REQUIRING THEM TO NOTIFY THE ORGANIZATION OF POTENTIAL CONFLICTS OF INTEREST, AS WELL AS TO RECUSE THEMSELVES FROM ANY DISCUSSION OR VOTE IN WHICH THEY, OR THEIR IMMEDIATE FAMILY MEMBERS OR THERE COMPANIES, MAY HAVE AN INTEREST. MANAGEMENT AND THE EXECUTIVE COMMITTEE MONITOR ACTIVITES FOR COI THROUGH APPROPRIATE TRANSACTIONAL REVIEW AND IF A TRANSACTION OCCURS WHICH RAISES THE ISSUE OF A CONFLICT OF INTEREST, THE PROCEDURE IS TO NOTIFY MAPI'S GENERAL COUNSEL AND CEO WHO WILL INVESTIGATE THE POTENTIAL CONFLICT. IF THE CONFLICT CAN BE FULLY RESOLVED QUICKLY, THE MATTER WILL BE RESOLVED AND DOCUMENTED. IF THE MATTER IS MORE COMPLEX OR REQUIRES ADDITIONAL INVESTIGATION, THE CEO WILL HIRE AN OUTSIDE PARTY TO COMPLETE AN INVESTIGATION, AND RECOMMEND A RESOLUTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE PRESIDENT AND CEO AND OF THE VICE PRESIDENT OFFICERS ARE REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. THE ORGANIZATION ALSO USED A COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, AND COMPENSATION SURVEY TO ESTABLISH COMPENSATION FOR THE CEO. THE COMPENSATION OF KEY EMPLOYEES ARE DETERMINED BY THE CEO AND REVIEWED BY HR BASED ON INFORMAL PUBLIC SALARY DATA. THE MOST RECENT YEAR IN WHICH THE PROCESS INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION WAS IN 2017. |
| FORM 990, PART VI, SECTION C, LINE 19 | MAPI'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST BASED ON MANAGEMENT'S APPROVAL. |
| FORM 990, PART XI, LINE 9: | ACCUMULATED PENSION ADJUSTMENT 143,438. NET PERIODIC PENSION COST -536,422. TECHNOLOGY AND RESTRUCTURING -10,000. |
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