Association of Independent

“The basic information for form 990 is presented and reviewed by the board of the association. The form 990 is reviewed by several members of the board of the association prior to filing”

“Periodically during the year, board members are reminded of their responsibilities with regard to potential conflicts of interest and asked to update and disclose any item in this regard”

“15 a - officers with the exception of the paid ceo, are not compensated for for their services. The compesation review policy adopted by the board for the review of the ceo salary includes the basic primary factors noted in section b line 15 of this form.”

“15 b - the secretary of the association is legal counsel and the law firm compenstaion is reviewed documented and agreed to by the board periodically and is subject to a similar process as noted in section b line 15 of this form.”

“All governing documents, conflict of interest policy and financial statements are available upon request. Standard guidelines are followed in this regard”

“The organization had recently undertaken the task of reviewing and revamping the standard contracts used by the commercial production companies in this space. The most effective and useful approach to achieve the goals of the original initiative, was for the legal professionals to work directly hands on with the membership. The agreements have since been revised and have been widely accepted by the industry as a whole. The by- product of the undertaking is a new service available to our members where in the association is making legal professionals and services available to them on a regular and continuing basis. This new activity is a particular service available to our members. As such, this is subject to ubit and reported on form 990-t.”

“AICP”

“NEWSLETTER/DIRECTORY”

“ADJUSTMENT -1”