American National Standards Institute

“Ansi is a membership organization. Members are from a range of government agencies, corporations and individuals. There are no requirements to become a member other than paying membership dues.”

“The members of the organization may elect one or more members of the governing body during annual formal election process.”

“Changes to governance documents and policies changes are reserved or subject to approval by the members of the organization.”

“The audit committee does the review of the institute's 990. Once approved, the 990 is posted on sharepoint for comments for entire board review before filing with the irs.”

“The board of directors conflict of interest policy was adopted by a resolution of the board of directors on december 5, 2018. The office of the general counsel collected forms requesting any information regarding potential conflict of interest from all of the directors including new directors elected for the 2023 and 2022 terms. Continuing revisions have been made to the conflict of interest policy to ensure it is robust and effective. Furthermore, the board audit committee administers a process to make sure there is a periodic review of the board conflict of interest policy (by-laws section 3.19).”

“This process is outlined in the by-laws (section 3.20). The board compensation committee is charged with establishing and approving compensation and benefits for the president. The compensation committee is charged with reviewing periodically and approving changes as required to the compensation and benefit policies for the corporate officers and staff of the institute, evaluating annually the performance of the president and establishing an appropriate compensation and benefits schedule for the president, and reviewing and approving other policies concerning employee compensation and benefits.”

“Ansi's by-laws, board of directors conflict of interest policy and annual reports are available to the public on the ansi website: www.ansi.org”

“Outside services: program service expenses 2,031,996. Management and general expenses 5,539,506. Fundraising expenses 0. Total expenses 7,571,502. Commissions: program service expenses 717,842. Management and general expenses 9,310. Fundraising expenses 0. Total expenses 727,152. Subcontract auditor fee and expenses: program service expenses 14,418,002. Management and general expenses 2,243. Fundraising expenses 0. Total expenses 14,420,245.”

“Pension related changes 1,821,532.”

“The organization did not change either its oversight process or selection process during the tax year.”