Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 11b: Form 990 Review Process | THE CEO WILL REVIEW WITH THE BOARD AND SIGN THE TAX RETURN. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | THE GOVERNANCE COMMITTEE MEETS ONCE A YEAR TO DISCUSS THE ORGANIZATION'S POLICY REGARDING CONFLICTS OF INTEREST. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | THE ORGANIZATION USES SECONDARY COMPARISON SALARY DATA, EXPERT OPINION, AND EMPIRICAL MARKET DATA TO DERIVE CEO COMPENSATION. THE ORGANIZATION UTILIZES INFORMATION FROM KNOWN SOURCES OF SALARY DATA. THE ORGANIZATION'S PRIMARY RESOURCE IS ASAE'S ANNUAL SALARY GUIDE. REGIONAL COST OF LIVING, TYPE AND SIZE OF ASSOCIATION, INDUSTRY, EXPERIENCE IN ASSOCIATION MANAGEMENT AND EXECUTIVE MANAGEMENT ARE CONSIDERED. THIS PROCESS OCCURS EVERY TWO TO THREE YEARS. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | No documents available to the public. |
| Amended Explanation | Advertising income as originally reported was inadvertently recorded as income from an unrelated business activity and should have been classified as qualified sponsorships not subject to unrelated business income tax. |
| Software ID: | 21013475 |
| Software Version: | 2021v4.0 |