| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section A, line 6 | The Organization has the following members: active members, associate members, corporate, honorary members, student pharmacist members, pharmacy tech and resident/fellow/graduate student members. Active members, resident/fellow/graduate student members, and voting corporate member representatives (as defined in section 3.3(c) of the Bylaws) and honorary members that are otherwise eligible for the active member category of membership shall be eligible to vote in the corporation. |
| Form 990, Part VI, Section A, line 7a | The Leadership Development Committee shall recommend to the Board a slate of candidates for applicable open Director and Officer positions based on qualification factors established from time to time by the Board. The slate of Officer positions shall include a President-Elect in each year and a Treasurer when such position is scheduled to be vacant. The Leadership Development Committee shall recommend one (1) individual for each open position. The slate of candidates for open Director and Officer positions will be chosen from among the applications received by the Leadership Development Committee and the slate shall be recommended to the Board by majority vote of the Leadership Development Committee. The Board shall consider the slate of candidates for Director and Officer positions recommended by the Leadership Development Committee and shall either approve the proposed slate or reject it with instructions to the Leadership Development Committee. Once a slate of candidates has been approved by the Board, it shall be presented to the membership for consideration. The Board-approved slate of candidates shall be presented to each Voting Member at the address shown on AMCP's records. The slate will list the nominees approved by the Board for each vacant/expiring Director and Officer position. By written petition signed by at least one-fourth (1/4) of the total Voting Members, submitted to the Corporation's headquarters not more than thirty (30) days after the date the slate was initially presented to the Voting Members, one (1) or more additional candidates may be put forth for consideration for the applicable vacant/expiring position(s) as identified in the petition. In the event such a valid, timely petition is received, a vote of the Voting Members shall be conducted, and the candidate for each vacant/expiring position who receives the most votes for that position shall be elected to serve in that position for the applicable term. If no valid, timely petition is received, the Board-approved slate shall be deemed to have been ratified by the membership. |
| Form 990, Part VI, Section A, line 7b | The Bylaws of AMCP may be amended by the AMCP Board of Directors pursuant to the following procedure. The AMCP Board of Directors shall send notice of proposed amendments to the Bylaws to all Voting Members and provide the Voting Members with ninety (90) days to comment on the proposed amendments. Following the ninety (90) day period, the AMCP Board of Directors shall approve the proposed amendments at a meeting of the AMCP Board of Directors by a majority vote of those Directors present and voting. |
| Form 990, Part VI, Section B, line 11b | The Organization will review the 990 internally, first, by CFO and the CEO. The 990 will then be submitted to the members of the governing body for review before submittal to the IRS. |
| Form 990, Part VI, Section B, line 12c | Prior to the start of all board meetings, the Academy's Anti Trust/Conflict of Interest Policy is reviewed; should conversation move into areas of possible anti trust/conflict of interest, the group is redirected by the Chair or Legal Counsel. |
| Form 990, Part VI, Section B, line 15a | Annually, the Executive Committee of the Academy is responsible to evaluate the performance of the CEO and review process to determine the merit for setting or increasing the compensation for the Academy's CEO. The CEO sets the compensation of the top management and key employees of the organization, and decisions are documented as well. |
| Form 990, Part VI, Section C, line 19 | Financial statements, 990 information return, Conflict of Interest Policy and governing documents are available upon request for the same period of disclosure as set forth in IRC Section 6104(d). |
| Form 990, Part IX, line 11g | Other professional fees 5,392,274. |
| Form 990, Part XII, Line 2c: | The process for overseeing the audit of the financial statements and selection of an independent accountant that audited the financial statements has been consistent with prior years. |
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