| Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents |
An update of the FCA By-Laws was accomplished in September 2020, duly proposed, published and adopted as required per By-Laws. Purpose of the update was to reflect modern administrative procedures and communication methods such as email and to update the dues amounts. Association governance structure was not changed. The updated By-Laws are posted on the association website for member access at any time. |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder |
Dues-paying members |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body |
Active members may vote (elect officers) and hold office in the organization. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders |
By-Laws changes are initially adopted by the board and then published to the membership, allowing time for member objection before adoption is final. |
| Form 990, Part VI, Line 11b: Form 990 Review Process |
Form 990 is not made available to the association's board prior to filing. After the return is filed, the Form 990 is available to the Board. The Board receives regular reports on the financial status of the organization for oversight purposes. The CEO has been delegated the responsibility of working with the CPA in preparation of the return. The CEO reviews the return and asks questions of the CPA prior to signing the return. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
The association's Budget Committee, when planning the budget for the coming fiscal year, serves as the Compensation Committee. It reviews performance of the CEO, financial status of the association, and compares the CEO's compensation to one or more compensation studies for chief executives of similar sized organizations in making its determination. The Budget Committee's recommendation is made a part of the suggested budget for consideration by the full board of directors. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
Governing documents and the Conflict of Interest Policy are posted on the association's web site at www.fcachiro.org/local. Financial statements are available upon request. |
| Form 990, Part VIII, Line 1e |
Rev Proc 2021-48Applying section 3.01(3) of Rev Proc 2021-48 for tax year ended 10/31/22.Tax-exempt income from PPP forgiveness treated as received/accrued $196,950Forgiveness of the PPP loan has been granted as of the date the return is filed. |
| Form 990, Schedule I, Part II, Line 1 |
The purpose of the donation to Foundation for Chiropractic Progress is to support public education of the benefits associated with a chiropractic career and with chiropractic care.The purpose of the FCA donation is to fund to The Clinical Compass Evidence Center, which is the foundation of The Clinical Compass' outreach to the chiropractic community and provides practitioners the resources to address the real-world issues they encounter in their practices every day.ChiroLearn is the association's on-line learning platform designed to provide license renewal clinical continuing education as well as practice assistance/business training for chiropractic physicians and staff. |
Attach to Form 990 or 990-EZ.