| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | IN ACCORDANCE WITH THE ASSOCIATION'S BOARD POLICY, THE PRESIDENT AND PRESIDENT-ELECT WILL BE AWARDED AN HONORARIUM TO COVER LOST WAGES/LOST WORKDAYS FOR THEIR YEAR OF SERVICE. THIS HONORARIUM POLICY IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS THE FOLLOWING CLASSES OF MEMBERS: -VOTING MEMBERS -NON-VOTING MEMBERS |
| FORM 990, PART VI, SECTION A, LINE 7A | THE VOTING MEMBERS HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE FOLLOWING ITEMS ARE SUBJECT TO APPROVAL BY THE VOTING MEMBERS OF THE ORGANIZATION: 1) CHANGES TO AORN BYLAWS 2) POSITION STATEMENTS 3) DUES INCREASES GREATER THAN $10.00 |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS BY EMAIL FOR THEIR REVIEW WITH A FOLLOW-UP CONFERENCE CALL FOR DISCUSSION OF ANY QUESTIONS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | DURING INITIAL ORIENTATION FOR NEW BOARD MEMBERS THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD MEMBERS. EACH YEAR, BOARD MEMBERS ARE ASKED TO COMPLETE AN ACKNOWLEDGEMENT OF RECEIPT AND DISCLOSURE FORM RELATED TO THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS. A REMINDER OF THE CONFLICT OF INTEREST POLICY IS A STANDING AGENDA ITEM AT EACH BOARD MEETING THROUGHOUT THE YEAR. BOARD MEMBERS REGULARLY RECUSE THEMSELVES FROM VOTING ON MATTERS WHERE A POTENTIAL CONFLICT MAY OR DOES EXIST. EMPLOYEES ARE REQUIRED BY THE CONFLICT INTEREST POLICY IN THE EMPLOYEE HANDBOOK TO DISCLOSE ALL REAL, PERCEIVED AND POTENTIAL CONFLICTS IN ADVANCE OF CONDUCTING ANY BUSINESS OR OTHER TRANSACTIONS WITH RELATED PARTIES OR OTHER ORGANIZATIONS IN WHICH THE EMPLOYEE HAS A FINANCIAL INTEREST AND/OR SERVES AS AN EMPLOYEE, ADVISOR, OFFICER OR DIRECTOR. EXECUTIVE EMPLOYES MAKE AN ANNUAL WRITTEN DISCLOSURE OF KNOWN POTENTIAL CONFLCTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | EXECUTIVE DIRECTOR/CEO: THE HR DIRECTOR PROVIDES THE BOARD COMPENSATION COMMITTEE WITH COMPREHENSIVE BENCHMARKING DATA FOR BASE AND VARIABLE PAY, SOURCED FROM AT LEAST FOUR SALARY SURVEYS REFLECTING SIMILAR ORGANIZATIONS IN SIZE, REVENUE, AND LOCATION. ED/CEO COMPENSATION, INCLUDING ANNUAL INCREASES AND BONUSES, IS RECOMMENDED BY THE COMPENSATION COMMITTEE AND APPROVED BY THE BOARD BASED ON THIS DATA AND THE EMPLOYMENT AGREEMENT. ALL OTHER OFFICERS AND KEY EMPLOYEES: INITIAL COMPENSATION IS DETERMINED BY THE INTERNAL COMPENSATION COMMITTEE (ED/CEO, HR DIRECTOR, CFO) USING MULTIPLE SALARY SURVEYS AND INTERNAL PAY EQUITY ANALYSIS. ANNUAL BENCHMARKING IS CONDUCTED TO REVIEW MARKET ADJUSTMENTS AND DETERMINE SALARY INCREASES BASED ON ROLE, LEVEL, SCOPE, AND RESPONSIBILITY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE BYLAWS ARE POSTED ON AORN'S WEBSITE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON AORN'S WEBSITE. |
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