FORM 990, PART VI, SECTION A, LINE 7A |
THE ORGANIZATION'S COUNCIL OF PRESIDENTS ARE ELECTED BY PRESIDENTS OF THE VARIOUS CONFERENCES AND INDEPENDENT INSTITUTION PRESIDENTS. |
FORM 990, PART VI, SECTION A, LINE 7B |
CHANGES TO THE ORGANIZATION'S CONSTITUTION AND BY-LAWS ARE THE ONLY DECISIONS OF THE GOVERNING BODY THAT ARE SUBJECT TO APPROVAL BY OTHER PERSONS. |
FORM 990, PART VI, SECTION B, LINE 11B |
A COPY OF FORM 990 AND RELATED SCHEDULES ARE PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED BY THE VICE PRESIDENT OF FINANCE. AFTER DISCUSSION AND MAKING ANY REQUIRED CHANGES, THE UPDATED DRAFT IS PROVIDED TO THE COUNCIL OF PRESIDENTS AND THE AUDIT AND INVESTMENTS COMMITTEE. THE COMMITTEE IS RESPONSIBLE FOR ANY OTHER CORRECTIONS AND APPROVAL. ONCE APPROVED, THE FINAL COPY IS PROVIDED TO THE FULL GOVERNING BODY BEFORE IT IS SIGNED BY THE CEO AND FILED WITH THE IRS. |
FORM 990, PART VI, SECTION B, LINE 12C |
OFFICERS, DIRECTORS AND KEY EMPLOYEES REVIEW AND SIGN A NEW CONFLICT OF INTEREST POLICY ANNUALLY WHICH SERVES AS A REMINDER THAT IT IS THEIR DUTY TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST. THE COUNCIL OF PRESIDENTS EXECUTIVE COMMITTEE IS RESPONSIBLE FOR IMPLEMENTING THE CONFLICT OF INTEREST POLICY, INCLUDING REVIEW AND DETERMINATION OF POTENTIAL CONFLICTS. THE PERSON WITH THE POTENTIAL CONFLICT MAY MAKE A PRESENTATION TO THE EXECUTIVE COMMITTEE, BUT HE/SHE IS NOT INVOLVED IN THE DISCUSSION OR THE DETERMINATION OF THE POTENTIAL CONFLICT. THERE HAVE BEEN NO DISCLOSURES MADE, NOR HAVE ANY BEEN DISCOVERED BY MANAGEMENT SINCE IMPLEMENTATION OF THE POLICY. |
FORM 990, PART VI, SECTION B, LINE 15 |
THE SALARY OF THE PRESIDENT/CEO WAS SET IN AN EMPLOYMENT CONTRACT DRAWN UP WHEN CEO, JIM CARR, WAS HIRED. ALL OTHER SALARIES ARE APPROVED IN TOTAL BY THE EXECUTIVE COMMITTEE OF THE COUNCIL OF PRESIDENTS AS PART OF THE OVERALL ANNUAL BUDGET OF THE NAIA. MANAGEMENT DETERMINES HOW TO ALLOCATE THE TOTAL SALARY DOLLARS APPROVED BY THE COUNCIL OF PRESIDENTS. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY MAKING A REQUEST ON-SITE DURING THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |