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 2: New Services | ASMP launched an online Academy to assist its members with a range of business and creative concerns, including properly forming a photography business, protecting copyrights, clinic time, and promoting diversity, equity, and inclusion in the profession. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | AFTER THE FISCAL YEAR END, THE FINANCIAL and other relevant information IS PROVIDED TO THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT FOR REVIEW AND PREPARATION OF THE FORM 990. ONCE THIS PROCESS IS COMPLETE, THE FIRST DRAFT OF THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE GENERAL COUNSEL. UPON THEIR APPROVAL, THE FORM 990 IS SIGNED BY THE APPROPRIATE NON PROFIT OFFICIAL AND THE RETURN IS FILED. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Each year the organization's General Counsel provides training to the Directors and all Key Employees on identifying and disclosing conflicts, including providing procedures and forms to accomplish these tasks. Throughout the year, General Counsel confers with all Directors and employees when issues that may indicate a conflict may arise. This evaluation is regularly updated and modified as needed. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | The CEO's compensation is set by a detailed written employment contract, with any increases to the base salary or compensation metrics subject to the terms of that contract and the approval of the Board of Directors. Upon the CEO's hiring, comparable data of other photography trade association CEOs and executive directors were reviewed, as well as the previous executive director's compensation, and the special skill set and credentials brought by the CEO. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | OFFICER AND KEY EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN BOARD MINUTES. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | MADE AVAILABLE UPON REQUEST. |
| Other Changes In Net Assets Or Fund Balances - Other Increases | change of accounting method = $468021 |
| Late Filing Explanation | Before filing for 2021, we were hoping to get a reportable evaluation on what we believe to be the Society's single most valuable asset: a vast and unique physical archives, housed near Washington, D.C., consisting of letters, documents, and some photographs covering many of the most important photographers of the last 100 years, but we have yet to secure that valuation and are moving forward with filing without it. The last stages of our contractual partnership agreement with the North American Nature Photography Association was also being negotiated and finalized over the filing deadline period, which impacted many operational aspects of the Society, and continues to do so. |
| Software ID: | 21013475 |
| Software Version: | 2021v4.1 |