| Return Reference | Explanation |
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| FORM 990, PART VI, SECTION A, LINE 1A | THE BOARD WILL GOVERN LAWFULLY, USING POLICY GOVERNANCE PRINCIPLES, WITH AN EMPHASIS ON INTEGRITY AND TRUTHFULNESS IN ALL ACTIVITIES AND PRACTICES, OUTWARD VISION, ENCOURAGEMENT OF DIVERSITY IN VIEWPOINTS, STRATEGIC LEADERSHIP MORE THAN ADMINISTRATIVE DETAIL, CLEAR DISTINCTION OF BOARD AND STAFF ROLES, COLLECTIVE DECISIONS, AND A FOCUS ON THE FUTURE. THE BOARD WILL CULTIVATE A SENSE OF GROUP RESPONSIBILITY, RECOGNIZING THAT IT--NOT THE STAFF--IS RESPONSIBLE FOR BOARD PERFORMANCE, AND WILL PROACTIVELY SET PERFORMANCE EXPECTATIONS FOR ITSELF AND THE ORGANIZATION. WHILE THE BOARD WILL USE INDIVIDUAL MEMBERS' EXPERTISE TO ENHANCE ITS UNDERSTANDING OF ISSUES, IT WILL NOT SIMPLY DEFER TO THAT EXPERTISE AS THE JUDGMENT OF THE ENTIRE BOARD. PERFORMANCE STANDARDS AND EXPECTATIONS FOR THE ASSOCIATION WILL BE ESTABLISHED THROUGH CAREFULLY ARTICULATED WRITTEN POLICIES, WITH A PRIMARY FOCUS ON ACHIEVING INTENDED LONG-TERM IMPACTS FOR THE MEMBERSHIP RATHER THAN ON ADMINISTRATIVE OR OPERATIONAL MEANS. THE BOARD WILL ALSO ESTABLISH AND ADHERE TO ITS OWN EXPECTATIONS REGARDING ATTENDANCE, MEETING PREPARATION AND PARTICIPATION, POLICY-MAKING, RESPECT OF ROLES, UNIFIED COMMUNICATION WITH MANAGEMENT AND THE PUBLIC, AND CONTINUAL DEVELOPMENT OF THE BOARD AS AN EFFECTIVE LEADERSHIP TEAM. THE AUDIT AND INVESTMENT COMMITTEE, GOVERNANCE AND LEADERSHIP DEVELOPMENT COMMITTEE, EXECUTIVE COMPENSATION COMMITTEE, AND THE PSIA-AASI AWARDS AND RECOGNITION COMMITTEE WILL HAVE AUTHORITY AS DELEGATED BY THE BOARD OF DIRECTORS, BUT DECISIONS MADE BY THESE COMMITTEES ARE SUBJECT TO RATIFICATION BY THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE DIFFERENT CLASSES OF MEMBERS IN THE ORGANIZATION ARE AS FOLLOWS: REGISTERED MEMBERS CERTIFIED MEMBERS (LEVEL I, LEVEL II, AND LEVEL III) ALUMNI MEMBERS HONORARY MEMBERS LIFETIME MEMBERS AFFILIATE MEMBERS |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GOVERNMENT AND DIRECTION OF ASSOCIATION AFFAIRS SHALL BE VESTED IN A BOARD OF DIRECTORS WHICH CONSISTS OF CERTIFIED LEVEL II OR CERTIFIED LEVEL III MEMBERS ELECTED OR APPOINTED IN A RATIO OF ONE DIRECTOR PER DIVISION, BY THE DIVISIONS OF THE ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE ORGANIZATION'S REGISTERED MEMBERS HAVE THE RIGHT TO VOTE BUT MAY NOT HOLD OFFICE. THE ORGANIZATION'S CERTIFIED MEMBERS HAVE THE RIGHT TO VOTE BUT ONLY CERTIFIED LEVEL II AND CERTIFIED LEVEL III ARE ELIGIBLE TO SERVE AS DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE TREASURER AND THE CHAIRMAN OF THE BOARD PRIOR TO BEING FILED AFTER ITS REVIEW. THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO BEING FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY AND ITS APPLICATION SHALL BE REVIEWED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF DIRECTORS, OFFICERS, COMMITTTEE CHAIRS AND ANAGEMENT EMPLOYEES, EACH OF WHOM HAS A CONTINUING RESPONSIBLITY TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS OF INTEREST, AND MAKE SUCH DISCLOSURES AS DESCRIBED IN THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | ASEA FOLLOWS A COMPENSATION POLICY APPROVED BY THE BOARD OF DIRECTORS. ASEA RELIES ON PUBLISHED NOT-FOR-PROFIT AND ASSOCIATION COMPENSATION PUBLICATIONS AND SURVEYS TO ESTABLISH COMPENSATION AND BENEFITS (E.G., GUIDESTAR, THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES COMPENSATION AND BENEFITS STUDY). COMPENSATION STUDIES REPORTING COMPENSATION IN THE PRIVATE AND PUBLIC SECTORS WITHIN ASEA'S GEOGRAPHIC OPERATIONAL AREAS MAY BE USED TO SUPPLEMENT THESE MATERIALS. ASEA SEEKS TO PROVIDE TOTAL COMPENSATION, INCLUDING BENEFITS, AT OR NEAR THE MEDIAN OF THE MARKET. THE RESULTS OF THESE STUDIES AND RELATED ANALYSIS ARE PRESENTED IN WRITING TO THE COMPENSATION COMMITTEE, AND ALSO PRESENTED IN WRITING TO THE BOARD OF DIRECTORS. THE ASEA COMPENSATION COMMITTEE, A COMMITTEE OF THE BOARD, EVALUATES AND RECOMMENDS ASEA COMPENSATION PROGRAMS, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED. THE COMPENSATION COMMITTEE REVIEWS AND RECOMMENDS COMPENSATION FOR THE CEO TO THE BOARD OF DIRECTORS FOR ITS FINAL APPROVAL. CEO COMPENSATION IS GOVERNED BY A WRITTEN EMPLOYMENT AGREEMENT. FOR POSITIONS OTHER THAN THE CEO, THE BOARD OF DIRECTORS REVIEWS TOTAL COMPENSATION FOR ALL EMPLOYEES AS PART OF THE ANNUAL BUDGET PROCESS. THE BOARD OF DIRECTORS CONSIDERS COMPENSATION INDEPENDENTLY OF THE OVERALL BUDGET. DOCUMENTATION RELATED TO THIS PROCESS, INCLUDING DOCUMENTATION OF COMPENSATION STUDIES, IS MAINTAINED AT THE HEADQUARTERS OFFICE CONSISTENT WITH THE ASSOCIATION'S DOCUMENT RETENTION POLICY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C | THE PROCESS OF THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS CHANGED FROM PRIOR YEARS. |
| PAGE 6, PART VI, LINE 9 | THOMAS SPIESS 133 S VAN GORDON ST SUITE 200 LAKEWOOD, CO 80228 |
| PAGE 6, PART VI, LINE 15B | FOR POSITIONS OTHER THAN THE CEO, THE BOARD OF DIRECTORS REVIEWS TOTAL COMPENSATION FOR ALL EMPLOYEES AS PART OF THE ANNUAL BUDGET PROCESS. THE BOARD OF DIRECTORS CONSIDERS COMPENSATION FOR ALL EMPLOYEES AS PART OF THE ANNUAL BUDGET PROCESS AND CONSIDERS COMPENSATION INDEPENDENTLY OF THE OVERALL BUDGET. DOCUMENTATION RELATED TO THIS PROCESS, INCLUDING DOCUMENTATION OF COMPENSATION STUDIES, IS MAINTAINED AT THE HEADQUARTERS OFFICE CONSISTENT WITH THE ASSOCIATION'S DOCUMENT RETENTION PROGRAM. |
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