National Electrical Manufacturers Association

“The organization amended it's by-laws during the year 2016.”

“Corporations, firms, and individuals actively engaged in the manufacturing industry in the united states, canada, or mexico, that have sales in the open market of any electrical and radiopharmaceutical products within the product scope of one or more divisions of the association, shall be eligible for membership in the association and shall be admitted to membership under such terms and conditions as may be prescribed in the bylaws. Each member shall designate one or more of its representatives as its voting representative in the association with the power to vote upon all matters presented to the membership of the association. In no case shall any member have more than one vote. The association may be divided by the board of governors into such product groups as may be appropriate to carry out the objectives of the association. The board of governors of the association shall define the product scope of each product group and may authorize, combine, divide, or discontinue a product group at its discretion. Each member shall designate one or more of its representatives as its voting representative in each product group with which it is affiliated, with the power to vote upon all matters presented to the membership thereof.”

“Regular members have voting rights, affiliate members do not.”

“The members approve the annual budget.”

“The form 990 is circulated among all members of the governing board for review, comment, and approval prior to filing.”

“All staff regularly receive conflict of interest training. Nema monitors possible conflicts of interest in its business relationships on a regular basis through the following process: all contracts must be reviewed and approved by nema's general counsel and the vp of finance before signature. Additionally, all contracts with a risk value to nema above $10,000 must be reviewed, approved, and signed by nema's president. All disbursements must be reviewed and approved for payment by the appropriate department head, vice president of finance and president. Additionally, disbursements related to contractual obligations over $50,000 must also be approved by nema's president.”

“The compensation is benchmarked against that of other similar organizations by comparison to annual surveys and market studies as well as the use of compensation consultants. The president and senior management's compensation is reviewed and approved by nema's compensation committee and executive committee.”

“Nema's bylaws are available to the public on nema's website. All other documents are available upon request.”

“Organization mission nema represents approximately 350 u.s. Manufacturers of electrical and medical imaging, and radiopharmaceutical products. Its members represent nine electrical industries comprising over 50 product segments. Nema's activities encompass developments within the smart grid, energy storage, industrial energy efficiency, and high-performance buildings areas. Nema promotes competitiveness in domestic and foreign markets by: (1) developing and harmonizing industry standards and conformity assessment regimes; (2) shaping key legislation and regulations; (3) providing exclusive market intelligence to member companies; and (4) enabling networking on industry-wide issues. Member companies employ more than 800,000 workers in more than 7,000 manufacturing facilities in the u.s. And produce more than $100 billion in total shipments. Nema supports international trade and technology agreements that reduce foreign tariffs, import quotas, and technical barriers to trade.”

“Organization mission - continued from page 2 to collect information relating to the electro & medical imaging and radio pharmaceutical industries and to disseminate such information to the members of the association and to the public; to appear for the members of the association before, and to cooperate with, governmental departments and agencies in regard to matters affecting the industries; to promote a spirit of cooperation among the members of the association in the attainment of improved products, expanded distribution, and increased efficiency of the use of electrical, medical imaging, and radiopharmaceutical products.”

“Government relations provides issue analysis and advocacy on behalf of the association and its product sections on legislative and regulatory topics that impact electrical equipment and medical imaging markets. Legislative and regulatory activity occurs at federal, state, and local levels. Topics include energy, environment, health and safety, trade, transportation, and commercial affairs.”

“Other professional fees 5,422,249.”

“BAD DEBT EXPENSE -1,196.”

“Nema's audit committee is responsible for selecting the independent audit firm. Additionally, the audit committee oversees the audit process which has remained unchanged from the previous year.”