United States Coast Guard Academy Alumni Association Inc.

“Members pay dues ($72/year) to be considered "active" and be entitled to all benefits and voting privileges.”

“Members vote on the slate of 4 directors put forth by the nominating committee on an annual basis. Members may also submit write-in candidates.”

“Any changes made to the constitution must be voted on by the membership.”

“The draft form 990 is reviewed by the president and treasurer prior to filing with the irs. Copies of the filed return are provided to all members of the board of directors.”

“Each director, officer and member of a committee with board-delegated powers shall annually sign a statement which affirms that such person: 1. Has received a copy of the conflicts of interest policy, 2. Has read and understands the policy, and; 3. Has agreed to comply with the policy. Any interests that could give rise to conflicts are to be disclosed annually.”

“In 2006, the compensation committee, made up of three board members surveyed various non-profits in the geographic areas. The president's salary was determined based on analyzing the salaries of other presidents in various organization's. In 2008, a salary survey was performed by an outside consultant for all staff positions. The salary data was obtained via the web for which the consultant had access on a fee basis to multiple data bases. The president's salary was determined by comparing the salaries of other presidents and organization heads. The president recommended the salaries based on the data gathered and the board approved the salaries. Directors serve on a volunteer basis and receive no compensation.”

“The organization makes its governing documents, policies and financial information available to the public by posting these documents to their website.”

“The orgainization has a committee that assumes responsibility for the oversight of the audit and selection of an independent accountant. This process has not changed from the prior year.”