| FORM 990, PART VI, SECTION A, LINE 6 |
NMA HAS THREE MEMBERSHIP CLASSES: (1) NEWS MEDIA MEMBERSHIP,(2) ASSOCIATE MEMBERSHIP AND (3) ACADEMIC MEMBERSHIP. |
| FORM 990, PART VI, SECTION A, LINE 7A |
ONLY THE NEWS MEDIA MEMBERS HAVE VOTING PRIVILEGES. NEWS MEDIA MEMBER ARE ORGANIZATIONS THAT CREATE AND DISTRIBUTE ORIGINAL NEWS AT LEAST ONE TIME PER WEEK AND, IF NOT SUBSCRIPTION BASED, CONTAIN AT LEAST 25 PERCENT EDITORIAL NEWS CONTENT. ASSOCIATE MEMBERS ARE THE SUPPLIERS, VENDORS AND CONSULTANTS TO THE NEWS MEDIA INDUSTRY AND ARE AN IMPORTANT PART OF THE CURRENT OPERATION AND FUTURE PROFITABILITY OF THE INDUSTRY. THE LAST CLASS, ACADEMIC MEMBERS, ARE THOSE PERSONS WHO LOOK TO FURTHER THEIR STUDIES OF THE NEWS MEDIA INDUSTRY. MORE INFORMATION CAN BE FOUND AT WWW.NEWSMEDIAALLIANCE.ORG. STUDIES OF THE NEWS MEDIA INDUSTRY. MORE INFORMATION CAN BE FOUND AT WWW.NEWSMEDIAALLIANCE.ORG. |
| FORM 990, PART VI, SECTION A, LINE 7B |
THE VOTING MEMBERSHIP CLASS DESCRIBED ABOVE VOTES ANNUALLY ON A SLATE OF CANDIDATES WHO, UPON ELECTION, SERVE 2 YEAR TERMS ON THE ORGANIZATION'S BOARD OF DIRECTORS. NOMINATION OF BOARD CANDIDATES CAN BE MADE BY THE NOMINATING COMMITTEE OF THE BOARD AND/OR VOTING MEMBERS AT LARGE. ONLY VOTING MEMBERS MAY ELECT THE DIRECTORS WHO WILL SERVE ON THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE PREPARATION OF THE IRS FORM 990 IS COMPLETED IN CONJUNCTION WITH AN INDEPENDENT PUBLIC ACCOUNTING FIRM. THE DRAFT IS REVIEWED BY SENIOR MANAGEMENT PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE CONFLICT OF INTEREST STATEMENT IS SENT TO EMPLOYEES AND BOARD MEMBERS. BOARD MEMBERS AND OFFICERS COMPLETE THE STATEMENT EACH YEAR. THE VP FOR HR/OPERATIONS MONITORS AND RECEIVES THE SIGNED CONFLICT OF INTEREST STATEMENTS AND REPORTS ANY EXCEPTIONS TO THE PRESIDENT. IF A BOARD MEMBER BECOMES AWARE OF A CONFLICT OF INTEREST, HE/SHE WOULD RECUSE THEMSELVES FROM VOTING AND DELIBERATIONS ON THE MATTER. IF AN EMPLOYEE IS UNSURE OR BECOMES PERSONALLY INVOLVED IN ANY SITUATION THAT MAY VIOLATE THE REQUIREMENT AND SPIRIT OF THE CONFLICT OF INTEREST POLICY, HE OR SHE CONTACTS NMA'S PRESIDENT AND VP FOR HR/OPERATIONS. SIMILARLY, IF ONE BECOMES AWARE OF SITUATIONS AMONG HIS OR HER FELLOW EMPLOYEES THAT APPEAR TO VIOLATE HIS OR HER UNDERSTANDING OF THE POLICY, HE OR SHE REPORTS THOSE SITUATIONS TO NMA'S PRESIDENT AND VP FOR HR/OPERATIONS, WHO WILL COMPLETE AN INVESTIGATION. IF THE EMPLOYEE IS FOUND TO BE GUILTY OF A CONFLICT OF INTEREST, DISCIPLINARY ACTION IS METED OUT. DISCIPLINARY ACTION MAY INCLUDE TERMINATION AND REIMBURSEMENT TO NMA FOR ANY LOSSES OR DAMAGES RESULTING FROM THE VIOLATION. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE BOARD OF DIRECTORS HAS DELEGATED OVERSIGHT OF CEO COMPENSATION TO A COMPENSATION COMMITTEE MADE OF INDEPENDENT MEMBERS OF THE BOARD, AS DEFINED IN THE BYLAWS. AN INDEPENDENT MARKET STUDY WAS DONE IN ANTICIPATION OF HIRING A NEW CEO WHO STARTED IN THE FALL OF 2015. WITH EACH NEW EMPLOYMENT CONTRACT, THE COMPENSATION COMMITTEE REVIEWS A THIRD-PARTY ANALYSIS, DELIBERATES, AND DOCUMENTS ITS DETERMINATION THAT THE CEO'S COMPENSATION IS REASONABLE. THE CHAIRMAN OF THE COMPENSATION COMMITTEE SETS FORTH THE DECISION OF THE COMMITTEE IN MEMORANDUM FORM THAT IS MADE A PERMANENT RECORD OF THE ASSOCIATION. THE BOARD OF DIRECTORS HAS DELEGATED RESPONSIBILITY TO ESTABLISH COMPENSATION FOR OFFICERS AND KEY EMPLOYEES TO THE PRESIDENT/CEO, WITH AN ANNUAL REVIEW BY THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE REVIEWS ALL PRESIDENT/CEO RECOMMENDATIONS. THE ASSOCIATION PERIODICALLY ENGAGES AN OUTSIDE FIRM TO PROVIDE COMPARABILITY STUDIES THAT ARE REVIEWED AND USED BY THE PRESIDENT/CEO FOR THE PURPOSE OF DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES. A COMPENSATION REVIEW WAS MOST RECENTLY CONDUCTED IN DECEMBER 2018 WHICH INCLUDED ALL STAFF LEVELS. |
| FORM 990, PART VI, SECTION C, LINE 19 |
GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G |
OTHER CONSULTING 1,383,287. WEB PUBLISHING 3,555. DESIGN FEES 6,705. |
Attach to Form 990 or 990-EZ.