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 | THERE ARE 4 CLASSES OF MEMBERS: GENERAL, SUPPLIER, ALLIED OR ASSOCIATE AND ACADEMIC DUES. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS VOTE FOR THE BOARD AT THE ANNUAL MEETING. A NOMINATING COMMITTEE RECOMMENDS NEW BOARD MEMBERS, AND THEY ARE VOTED UPON AT THE ANNUAL MEETING. THE SAME APPLIES FOR THE EXECUTIVE COMMITTEE. MAJORITY VOTE APPLIES, BUT IS USUALLY UNANIMOUS. |
| FORM 990, PART VI, SECTION A, LINE 7B | MAJOR DECISIONS ARE DISCUSSED AND VOTED UPON AT THE ANNUAL MEETING BY THE MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND WAS REVIEWED BY SENIOR MANAGEMENT. THE BOARD RECEIVED A FINAL COPY OF THE 990 BEFORE IT WAS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | DIRECTORS AND EMPLOYEES ARE REQUIRED TO ANNUALLY SIGN THE PERSONNEL MANUAL ACKNOWLEDGEMENT THAT INCLUDES A STANDARDS OF BUSINESS ETHICS AND CONDUCT AND CONFLICT OF INTEREST POLICY. QUESTIONS CONCERNING CONFLICTS OF INTEREST ARE DIRECTED TO THE PRESIDENT. IN THE EVENT THAT THE PRESIDENT DETERMINES THAT A RELATIONSHIP CONSTITUTES OR MAY CONSTITUTE A CONFLICT OF INTEREST, THE PRESIDENT MAY TAKE APPROPRIATE ACTION(S), DEPENDING ON THE SERIOUSNESS OF THE CONFLICT OF INTEREST. THAT ACTION MAY INCLUDE MEETING WITH THE EMPLOYEE, IMMEDIATE DISCHARGE, REQUESTING THAT THE EMPLOYEE DIVEST PROPERTY OR OTHERWISE REMOVE HIMSELF FROM THE CONFLICT OF INTEREST SITUATION, INITIATE DISCIPLINARY PROCEDURES, OR IF THE SITUATION SO MERITS TAKING INTO CONSIDERATION THE EMPLOYEE'S RESPONSIBILITY, WAIVER OF THE CONFLICT, OR SUCH OTHER ACTION TO PROTECT THE INTEREST OF NAMI. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT'S SALARY IS APPROVED BY THE OFFICERS ACTING AS THE COMPENSATION COMMITTEE. THE COMMITTEE USED COMPARABLE DATA AND CONTEMPORANEOUS SUBSTANTIATION OF DELIBERATION AND THE DECISION. VICE-PRESIDENTS SALARIES ARE PROPOSED BY THE PRESIDENT AND APPROVED BY THE OFFICERS ACTING AS THE COMPENSATION COMMITTEE. THE COMMITTEE USED COMPARABLE DATA AND CONTEMPORANEOUS SUBSTANTIATION OF DELIBERATION AND THE DECISION. DURING OCTOBER - DECEMBER 2019, PERFORMANCE REVIEWS WERE CONDUCTED TO DETERMINE 2020 SALARIES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART VII, COLUMN B: | THERE IS A DIFFERENCE BETWEEN THE ACTUAL HOURS PROVIDED VERSUS THE ACTUAL HOURS BILLED. THE VARIANCE IS DUE TO SOME OFFICERS DONATING THEIR TIME. THEREFORE, PART IX, LINE 5 REPORTS ONLY THE PORTION OF COMPENSATION THAT WAS REIMBURSED, NOT THE DONATED TIME. |
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