National Fire Protection Association

“Nfpa has three classes of members, director member, voting member and non-voting member.”

“Voting members, who have been members for at least 180 days prior to the opening of any nfpa meeting will have the ability to vote at that meeting; voting by proxy is not allowed. At least one meeting of nfpa membership is held annually; the slate of officers and any new members proposed for the governance body (board of directors) are voted on by the nfpa voting members present. A simple majority of votes cast is required to confirm the appointments. The director members appointed by the voting members are responsible for all other governance decisions.”

“Once the returns are completed they are reviewed at least twice by the cfo and accounting staff of nfpa. The return is then sent to our auditing firm for a final review and any changes if needed. The 990 is then made available to the full board of directors and reviewed by the audit committee prior to filing.”

“Each officer, director and trustee and key employee has an ongoing duty to disclose any conflicts of interest or possible conflicts of interest to the general council or president. In addition, each key employee shall file an annual disclosure statement including a questionnaire which shall be provided by the company. The president shall take action as he or she considers appropriate regarding managing conflicts of interest and handling any possible violation or infringement of the conflict of interest policy.”

“The process for determining compensation of the officers and key employees is as follows: the compensation committee of the board reviews and approves all forms of compensation for the president and executive vice president. The compensation committee reports to the board all decisions made. Comparability data is gathered by an independent consultant every three years. The information is given to the compensation committee to guide their decisions. Other officers and key employees salaries are reviewed and authorized by the president.”

“Nfpa makes available on its website a copy of their bylaws. Nfpa also publishes a financial summary in the journal for its members. The conflict of interest document is not published but is retained as an internal document by the company. The form 990 and financial statements are available via www.guidestar.com and the massachusetts attorney general's website.”

“Outside services: program service expenses 6,719,205. Management and general expenses 1,268,858. Fundraising expenses 0. Total expenses 7,988,063. Consult/artwork/design: program service expenses 1,674,248. Management and general expenses 31,231. Fundraising expenses 0. Total expenses 1,705,479. Misc-telephone,other services: program service expenses 418,974. Management and general expenses 128,405. Fundraising expenses 0. Total expenses 547,379.”

“Pension liability adjustment -4,965,722.”