Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 4d | BrainPAC: Advocating for the profession of neurology and preserving access to care by patients is a core activity of the Academy. The Academy's political action committee, BrainPAC, is an effective tool to advance this mission by enabling access to get our message to lawmakers. It also helps level the playing field with other physician specialties that have PACs and compete for attention. Voluntary contributions by US members and staff are key to a successful PAC. |
| Form 990, Part VI, Section A, Line 2 | Filers CEO, CFO, and the Deputy Executive Director of the corporation's subsidiary, American Academy of Neurology Institute (AANI), are co-employed by both entities. Fifteen Directors of the corporation were also Board members of AANI in the tax year. Accordingly, the individuals in the enumerated posts each had a business relationship with the overlapped Directors. |
| Form 990, Part VI, Section A, Line 6 | The Academy's membership includes individuals who meet the requirements of the following membership classes: Senior, Student, Intern, Resident/Fellow, Business Administrators, Advance Practice Providers, Researchers, International and US Physician. Members and applicants must demonstrate ethical and professional conduct. Please see www.aan.com for details on each membership class. |
| Form 990, Part VI, Section A, Line 7a | All classes of membership vote for the election of one or more members of the governing body, who must be fellows or honorary or senior members whose prior classification was fellow. Eligible voting members select members of the governing body periodically as variances arise or otherwise. |
| Form 990, Part VI, Section A, Line 7b | The Academy's members having voting rights and accordingly have rights to elect members of the Board (and approve certain officers). Amendments to the Articles of Incorporation and Bylaws must be brought before the members to effect adoption. |
| Form 990, Part VI, Section B, Line 11b | The CFO performed extensive review of the draft 990 as initially prepared by AAN's staff accountant and reviewed by the Controller. The draft was reviewed by the Academy's exempt organization's tax professional. The form was then presented to the Audit Committee by the CFO and other members of the management team for the Committee's comments. The finalized 990 is brought to the Board of Directors for discussion during a regularly schedule meeting. At that time, a complete overview of the final 990 form is to be provided by the CFO and general Counsel. The form 990 is filed after this process. |
| Form 990, Part VI, Section B, Line 12c | The Academy operates with a conflict of interest policy covers individuals serving as officers, directors, committee members, teachers, authors, consultants as well as any other capacity with leadership responsibility as an "official" of the organization. Covered individuals are required to complete a relationship disclosure statement annually, or more frequently if changes in personal circumstances occur. The statements are reviewed and actions determined in line with the organization's hierarchy based on the individuals position and the the recommendation of General Counsel. Conflicts are handled on an individual basis. Actions taken reflect the severity of the actual/potential conflict ranging from "no action required", to an on-going monitoring with appropriate disclosures of such facts, or required withdrawal of the individual from the conflicting relationship. Conflict of interest proceedings are documented in meeting minutes or as otherwise appropriate. |
| Form 990, Part VI, Section B, Line 15 | The Academy's Board utilizes a Compensation Committee to set the compensation for the CEO; that Committee employs the procedures inquired here and last set of compensation set in 2020. The CEO is charged with setting compensation for the employed Officers and Key Employees and in doing so, compensation surveys are utilized. The Committee reviews comprehensive market studies every 2-3 years and will make market adjustments accordingly. Annual salary adjustments are made as performance warrants. The last market adjustment was made in 2020. |
| Form 990, Part VI, Section C, Line 19 | The Academy makes its governing documents, conflict of interest policy, and financial statements available to anyone on its website. |
| Software ID: | 20012124 |
| Software Version: | v1.00 |