SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
NORTH CAROLINA ACADEMY OF FAMILY
PHYSICIANS INC
Employer identification number

56-1778317
Return Reference Explanation
Form 990, Part VI, Section A, line 6 THE NORTH CAROLINA ACADEMY OF FAMILY PHYSICIANS IS A 50l(C)(6) NONPROFIT ENTITY. THE ORGANIZATION HAS MEMBERS WHO ARE PHYSICIANS WHO SPECIALIZE IN FAMILY MEDICINE.
Form 990, Part VI, Section A, line 7a RESIDENT MEMBERS SHALL BE ENTITLED TO VOTE IN ACADEMY AND CONSTITUENT CHAPTERS AFFAIRS, MAY HOLD CONSTITUENT CHAPTER OFFICE UNDER PROVISIONS OF INDIVIDUAL CONSTITUENT CHAPTER CONSTITUTIONS OR BYLAWS, AND MAY HAVE THE PRIVILEGE OF THE FLOOR OF THE ASSEMBLY BUT MAY NOT HOLD NATIONAL OFFICE IN THE ACADEMY. THE NOMINATING COMMITTEE MEETS BEFORE THE ANNUAL MEETING EACH YEAR, PRESENTING THE ELECTION RESULTS. ELECTION SHALL BE BY MAJORITY VOTE OF THE MEMBERS VOTING, WHICH MAY BE BY MAIL OR ELECTRONIC MAIL.
Form 990, Part VI, Section A, line 7b RESIDENT MEMBERS ARE GIVEN VOTING RIGHTS, WHICH ALLOWS THEM TO VOTE ON THE MEMBERS OF THE GOVERNING BODY IN ADDITION TO GOVERNANCE DECISIONS OF THE ORGANIZATION.
Form 990, Part VI, Section B, line 11b THE EXECUTIVE COMMITTEE WILL REVIEW AND APPROVE THE 990 IN ITS ENTIRETY BEFORE THE FILING DEADLINE OF THE RETURN. THE EXECUTIVE COMMITTEE WILL THEN UPDATE THE BOARD AT ITS NEXT MEETING VIA THE BOARD'S CONSENT CALENDAR.
Form 990, Part VI, Section B, line 12c IT STARTS WITH EDUCATING BOARD MEMBERS PRIOR TO EVEN SERVING, WITH A FACE-TO-FACE ORIENTATION MEETING, ALONG WITH PROVIDING THEM COPIES OF OUR POLICIES, INCLUDING THE CONFLICT OF INTEREST. EACH BOARD MEMBER IS THEN ASKED TO SIGN THE FORM ANNUALLY. IT IS UP TO THE PRESIDING BOARD OR EXECUTIVE COMMITTEE MEMBER AT EACH MEETING, ALONG WITH THE EXECUTIVE VICE PRESIDENT, TO MONITOR ANY POTENTIAL SIGNS OF A CONFLICT, AND ADDRESS THEM ACCORDINGLY.
Form 990, Part VI, Section B, line 15 THE COMPENSATION FOR THE EXECUTIVE VICE PRESIDENT/CEO ("CEO") IS DETERMINED BY THE ACADEMY'S COMPENSATION COMMITTEE, WHICH IS MADE UP OF THE EXECUTIVE COMMITTEE. SURVEY RESULTS FROM THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (WHICH COMPLETES A STUDY OF ASSOCIATION EXECUTIVES AND STAFF COMPENSATIONS NATIONALLY) IS USED TO BENCHMARK FOR ACADEMY COMPENSATION, AS WELL AS INFORMATION ON EXECUTIVES' COMPENSATION FROM OTHER SIMILARLY SIZED STATE CHAPTERS OF THE AMERICAN ACADEMY OF FAMILY PHYSICIANS (AAFP). THE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY.
Form 990, Part VI, Section C, line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THEY ARE ALSO POSTED ON VARIOUS PUBLIC SERVICE WEBSITES SUCH AS WWW.GUIDESTAR.ORG
Form 990, Part XII, Line 2c: THE AUDIT COMMITTEE ASSUMED RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2023


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