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 3 | THE PROPERTY, AFFAIRS AND BUSINESS OF THE ASSOCIATION SHALL BE MANAGED AND CONDUCTED BY A BOARD OF TRUSTEES. THE BOARD SHALL HAVE AND MAY EXERCISE ALL OF THE POWERS OF THE ASSOCIATION, SHALL MAKE ALL BYLAWS, RULES AND REGULATIONS FOR THE GOVERNING OF THE ASSOCIATION, INCLUDING THE MANAGEMENT OF ITS AFFAIRS AND THE ELECTION OF OFFICERS, AND THE BOARD OF TRUSTEES MAY REPEAL, ALTER OR AMEND SUCH BYLAWS, RULES AND REGULATIONS BY MAJORITY VOTE OF THE BOARD OF TRUSTEES AS IT DEEMS PROPER FOR THE MANAGEMENT OF THE AFFAIRS OF THE ASSOCIATION. CHRIS PACKARD WAS AN INTERIM EXECUTIVE DIRECTOR THAT WAS BROUGHT IN THROUGH AN OUTSIDE ORGANIZATION WHILE THE SEARCH FOR A NEW EXECUTIVE DIRECTOR TOOK PLACE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS MEMBERS WHICH ARE AUTHORIZED IN THE ORGANIZATIONAL DOCUMENTS AND THE MEMBERS ELECT THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL MEMBERS EXCEPT CLINICIAN IN TRAINING MEMBERSHIP CATEGORY OF OBESITY MEDICINE ASSOCIATION HAVE POWER TO ELECT AND APPOINT THE BOARD AND GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION REVIEWS THE FORM 990 RETURN BY COMPARING IT WITH INTERNAL INFORMATION, INFORMATION PROVIDED IN THE ACCOUNTING SYSTEM AND AUDITED FINANCIAL STATEMENTS. THIS REVIEW IS PERFORMED BY THE EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY WAS ESTABLISHED BY THE BOARD AND WAS COMPLETELY REVISED IN 2015. ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. THE EXECUTIVE COMMITTEE REVIEWS ALL DISCLOSURES AND DETERMINES WHETHER A POTENTIAL CONFLICT OF INTEREST EXISTS. IF A POTENTIAL CONFLICT ARISES DURING A BOARD MEETING, THE NON-INTERESTED MEMBERS DETERMINE WHETHER A CONFLICT EXISTS, AND THEN ASKS THE PERSON WITH THE CONFLICT TO ABSTAIN FROM THE DISCUSSION OR VOTING MATTERS INVOLVING THE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED BY THE ENTIRE BOARD USING DELIBERATION AND REASONABLENESS CONSIDERATIONS. A COMPENSATION COMPARISON SURVEY REPORT IS USED. THE EXECUTIVE DIRECTOR DETERMINES THE OTHER KEY EMPLOYEES' SALARIES BASED ON A REVIEW OF THE SALARY SURVEY OF THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES AND COMPARES ALL STAFF AGAINST INDUSTRY AVERAGES. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE UPON REQUEST. |
| PART XII, LINE 2C - AUDIT REVIEW PROCEDURES | THE BOARD OF TRUSTEES' PROCESS FOR REVIEWING THE ANNUAL AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. THE BOARD OF TRUSTEES REVIEWS THE ANNUAL FINANCIAL STATEMENTS, REPORTS TO GOVERNANCE, AND VOTES TO APPROVE THESE DOCUMENTS AT A MEETING EVERY YEAR AFTER THE ANNUAL AUDIT HAS COMPLETED. |
| FORM 990, PART V, LINE 2A; PART VII, COLUMN D AND PART IX, LINE 5 AND 7: | OBESITY MEDICINE ASSOCIATION (OMA) HAS ENTERED INTO A RELATIONSHIP WITH ADP TOTALSOURCE, A PROFESSIONAL EMPLOYER ORGANIZATION (PEO). THEREFORE, OMA DOES NOT FILE FORM W-3 AND NO EMPLOYEES ARE REPORTED DIRECTLY BY OMA. THE PEO FILED ON BEHALF OF 17 OMA EMPLOYEES DURING THE YEAR. |
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