| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section A, Line 3 | THE ORGANIZATION CONTRACTS WITH A MANAGEMENT COMPANY TO PROVIDE OFFICE FACILITIES,MANAGEMENT, ACCOUNTING, STAFFING AND SUPPORT SERVICES. |
| Form 990, Part VI, Section A, Line 4 | ACAAMs bylaws were amended:Changes impact and provide clarification to the following areas:Officer and Director-at-large nominations and appointments, as well as terms and rolesApproaches for establishing and engaging members in a business meeting, when neededRequirements of in-person meetingsElections processesBylaws approvalIn general, organizations are shifting decision-making from a body of members to those identified and elected to lead (i.e., board and officers). Data indicates that this leads to greater accountability, increased diversity of elected leaders, stronger financial stewardship, and, engagement and agility within the organization. |
| Form 990, Part VI, Section A, Line 6 | THE ORGANIZATION HAS MEMBERS |
| Form 990, Part VI, Section B, Line 11b | THE EXECUTIVE VICE-PRESIDENT/CEO REVIEWS AND SIGNS THE 990 AND REPORTS COMPLETION OF THE SUBMISSION TO THE FINANCE COMMITTEE. THE 990 DATA IS REPORTED FROM THE BOARD APPROVED AUDIT. |
| Form 990, Part VI, Section B, Line 12c | NEW BOARD MEMBERS ARE ASKED TO REVIEW AND ACCEPT THE CONFLICT OF INTEREST POLICY. ALL BOARD MEMBERS ARE ASKED TO UPDATE THEIR DISCLOSURE OF CONFLICTS AT LEAST ON AN ANNUAL BASIS. |
| Form 990, Part VI, Section B, Line 15a | ACAAM HAS NO EMPLOYEES. ACAAM OUTSOURCES STAFF FUNCTIONS TO AN ASSOCIATION MANAGEMENT COMPANY. THE ASSOCIATION MANAGEMENT COMPANY COMPETITIVELY COMPENSATES THE STAFF THAT SERVICE ACAAM. THE ASSOCIATION MANAGEMENT COMPANY EVALUATES COMPENSATION BASED UPON SURVEYS AND REVIEWS OF INDUSTRY BENCHMARK DATA. |
| Form 990, Part VI, Section C, Line 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Software ID: | 24020490 |
| Software Version: | 2024v5.2 |