Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART V, LINE 2B: | THE ORGANIZATION REPORTS SALARY INFORMATION ON PART VII AND ON PART IX BUT DOES NOT FILE FORMS W2. THE ORGANIZATION USES A LEASING COMPANY FOR EMPLOYEES AND W2S ARE ISSUED BY THE LEASING COMPANY. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS OF THIS CHAPTER SHALL CONSIST OF THE INSTITUTE MEMBERS AND ASSOCIATE MEMBERS WHO HAVE BEEN ASSIGNED TO MEMBERSHIP IN THIS CHAPTER. THE QUALIFICATIONS, RIGHTS AND PRIVILEGES OF ASSIGNED INSTITUTE MEMBERS AND ASSOCIATE MEMBERS SHALL BE AS PROVIDED BY THE INSTITUTE BYLAWS. |
| FORM 990, PART VI, SECTION A, LINE 7A | ASSIGNED MEMBERS AND ASSOCIATED MEMBERS MAY VOTE FOR MEMBERS OF THE GOVERNING BODY. AFFILIATE, STUDENT AFFILIATE AND HONORARY MEMBERS MAY NOT VOTE. |
| FORM 990, PART VI, SECTION A, LINE 7B | ASSIGNED MEMBERS AND ASSOCIATED MEMBERS MAY VOTE ON GOVERNANCE DECISIONS, INCLUDING AMENDMENTS TO BY-LAWS, MATTERS RELATED TO MEMBERSHIP, OTHER MATTERS RELATING TO THE GOVERNMENT, MEETINGS, AFFILIATIONS, BUDGET AND FINANCES OF THE INSTITUTE AND THIS CHAPTER, AND ALL OTHER MATTERS SO RULED BY THE CHAIR, SUCH RULINGS BEING REVERSIBLE ONLY BY A TWO-THIRDS VOTE OF THE ASSIGNED MEMBERS PRESENT AND VOTING AT THE MEETING. AFFILIATE, STUDENT AFFILIATE AND HONORARY MEMBERS MAY NOT VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 ANNUALLY WITH THE TREASURER PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS AN ANNUAL ORIENTATION FOR NEW AND RETURNING BOARD MEMBERS TO GO OVER THE CONFLICT OF INTEREST POLICY CAREFULLY. EMPLOYEES OF AIADC ARE TO AVOID ANY INSTANCE WHERE THE ACTIONS OR ACTIVITIES OF AN INDIVIDUAL ON BEHALF OF THE CHAPTER ALSO INVOLVES OBTAINING AN IMPROPER GAIN OR ADVANTAGE OR HAVE ADVERSE EFFECTS ON THE CHAPTER'S INTEREST. THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE WILL REVIEW ANY POTENTIAL CONFLICT OF INTEREST SITUATIONS. |
| FORM 990, PART VI, SECTION B, LINE 15A | EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED BY THE BOARD USING BENCHMARKS FROM OTHER ASSOCIATIONS AS A GUIDE. THE EXECUTIVE DIRECTOR DETERMINES THE SALARIES OF THE STAFF, GENERALLY BASED ON COMPARISON WITH OTHER ORGANIZATIONS. THE LAST COMPENSATION REVIEW WAS CONDUCTED IN DECEMBER 2018. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 1: | THE CHAPTER'S POLICY IS TO PREPARE ITS FINANCIAL STATEMENTS ON THE MODIFIED CASH BASIS OF ACCOUNTING. CONSEQUENTLY, REVENUES AND THE RELATED ASSETS ARE RECOGNIZED WHEN RECEIVED RATHER THAN WHEN EARNED, AND EXPENSES AND PURCHASES OF ASSETS ARE GENERALLY RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATION IS INCURRED. THE CHAPTER CAPITALIZES PROPERTY AND EQUIPMENT AND RECOGNIZES DEPRECIATION ANNUALLY. THE CHAPTER ALSO RECORDS INVESTMENTS AT THEIR FAIR VALUE, DEFERRED RENT FOR ITS OFFICE SPACE, AND AMOUNTS RECEIVABLE FROM AN AFFILIATE. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS NOT CHANGED ITS AUDIT OVERSIGHT PROCESS OR SELECTION PROCESS OF AN INDEPENDENT ACCOUNTANT DURING THE TAX YEAR. |
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