Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| From 990, Part VI, line 11b | The board of directors receive a copy of the Form 990 prior to submitting the return to the IRS. The board members have an opportunity to review the form and submit questions to the Audit Committee which discusses openly with the tax return preparer any questions prior to the 990 submission. |
| Form 990, Part VI, line 15a | THE ORGANIZATION ENGAGED A CONSULTING FIRM TO PERFORM A MARKET STUDY FOR THE CEO POSITION. SALARY DATA FROM SEVERAL SOURCES WAS USED TO VALIDATE THE CEO COMPENSATION AND POSITION EXPECTATIONS. THE BOARD OF DIRECTORS PROVIDES THE CEO WITH AN ANNUAL EVALUATION OF PERFORMANCE. THE INDEPENDENT CONSULTING FIRM COORDINATES AND FACILITATES THE CEO EVALUATION PROCESS AND DELIVERY. |
| Form 990, Part VI, line 19 | THE BYLAWS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST WITH WRITTEN EMAIL TO GENINFO@IAAP-HQ.ORG THROUGH THE ONLINE MEMBER COMMUNITY FOR ANY MEMBER OF THE INTERNATIONAL ASSOCIATION OF ADMINISTRATIVE PROFESSIONALS TO VIEW AND/OR DOWNLOAD. |
| Form 990, Part VI, line 6 | The organization has professional, student and legacy classifications of members. All IAAP Members have rights and privileges of full participation at all levels. |
| Form 990, Part VI, line 7a | The Directors-at-Large will be nominated in the manner determined by the Board and elected at the Business Session. Each Director-at-Large will serve for two (2) years or until her/his successor will have been elected, unless s/he sooner dies, resigns or is removed. Director-at-Large terms will be staggered so that no more than half of the Directors-at-Large are scheduled to expire in any given year. The elected officers of the Corporation will be a President and Chair, Chair-Elect, and Diversity Officer, to be elected by the Members during the Annual Meeting, and such other officers as the Board may from time to time determine, to be elected by the Board. The elected officers will have such qualifications as the Board may prescribe from time to time. Each Member-elected officer will hold office until the next Annual Meeting, unless s/he sooner dies, resigns, or is removed from office; provided, however, that the Chair-Elect will automatically succeed to the position of President and Chair at the expiration of the President and Chair's term of office or to fill a vacancy in the office of President and Chair occurring during the term of office of the Chair-Elect, and thereafter continue in the position of President and Chair for the following year. The Appointed Directors, if any, will serve for one (1) year, unless s/he sooner dies, resigns or is removed. Vacancies in the office of Director-at-Large or Appointed Director may be filled by the affirmative vote of the majority of the remaining directors and each director so elected will hold office for the unexpired term of her/his predecessor in office, if any, until the next election of directors or until her/his successor is elected, unless s/he sooner dies, resigns or is removed. A vacancy will be considered to exist by reason of the resignation, removal or death of a director and newly created directorships resulting from any increase in the number of directors. |
| Form 990, Part VI, line 12c | Duty to Disclose Potential Conflicts: Each Covered Person must disclose to the IAAP President Chair or CEO a Potential Conflict and all material facts related thereto as soon as he or she has knowledge thereof and whenever requested by the President and Chair or CEO. In addition, each Covered Person will annually complete, sign and promptly return a Conflicts of Interest Disclosure Statement, utilizing the form approved by the Board or designated committee thereof. The IAAP CEO will monitor proposed or ongoing IAAP transactions for Potential Conflicts and disclose them to the IAAP President and Chair in order to deal with Potential Conflicts, whether discovered before or after the transaction has occurred. Determining Whether a Conflict of Interest Exists: After disclosure of a Potential Conflict or if the IAAP President and Chair or CEO is otherwise made aware of a Potential Conflict, the Board or a designated committee thereof will undertake a review of the relevant facts and, in the case of a committee, report its findings to the Board, including whether it believes there is a conflict with the interests of IAAP. The Board will then make a determination as to whether a conflict of interest exists. Procedures for Addressing the Conflict of Interest: If the Board determines that a Potential Conflict rises to the level of a conflict of interest, the Board will take the necessary steps to resolve or manage the conflict of interest, which may include, without limitation, (i) taking no action; (ii) requiring the Covered Person to recuse himself or herself from participation in related discussions or decisions of IAAP, including, without limitation, those of the Board or any committee thereof, or (iii) requiring the Covered Person to resign from his or her IAAP Position(s) or, if the Covered Person refuses to resign, become subject to possible removal from the Position(s). In determining how to resolve or manage the conflict of interest, the Board may solicit the input of the Covered Person. With respect to a conflict involving a transaction with an individual or entity with which a Covered Person has a Position, Financial Interest or Other Relationship, the Board will explore all reasonable alternatives to the proposed transaction which would not involve the conflict of interest. If the Board determines to proceed with the transaction notwithstanding the conflict of interest, the transaction must be fair and reasonable to IAAP and in IAAP's best interest. With respect to a change in the occupation or business affiliations of a Covered Person, the Board will consider the effect that change may have on the Covered Person's ability to continue serving in his or her IAAP Position(s) and whether the Covered Person would have been elected or appointed to the Position(s) had he or she held that occupation or possessed that business or professional affiliation at the time. Failure to Disclose Potential Conflicts: The failure by a Covered Person to disclose a Potential Conflict in accordance with this policy will be investigated by the Board or a designated committee thereof. Following an evaluation of those findings and the recommendations of any committee, the Board will, if it considers it appropriate, take disciplinary or corrective action. |
| Form 990, Part XII, line 2c | The Joint Finance Committee consists of the Chair of IAAP and IAAP Foundation and other appointees from the IAAP and Foundation Boards. The Joint Finance Committee will have the sole authority to appoint or replace the independent auditor (subject to board approval) and will be responsible for the compensation and oversight of the work of the independent auditor (including resolution of disagreements between management and the independent auditor regarding financial reporting) for the purpose of preparing or issuing an audit report or related work or performing other audit, review or attest services. |
| FORM 990 PART IX LINE 11G | DESCRIPTION:EXECUTIVE CONSULTANT TOTAL FEES:274243 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:OFFICE PRO EDITOR TOTAL FEES:60045 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:OFFICE PRO PRINT CONTRACT TOTAL FEES:34913 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:OFFICE PRO AUTHOR FEES TOTAL FEES:7600 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:HUMAN RESOURCES TOTAL FEES:5453 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:PAYROLL FEES TOTAL FEES:3424 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:SALARY ADMINISTRATION TOTAL FEES:493 |
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