American Federation for Aging Research Inc

“There are two married couples on the afar board of directors - (1) richard besdine and terrie wetle and (2) nir and laura barzilai.”

“Afar's finance committee performs the initial review of the draft 990 document. The finance committee requests changes as needed and approves the document. After committee approval has been obtained, the members of the afar board of directors are provided with a copy of the final version of the form 990. The treasurer then signs the document for filing with the appropriate agency.”

“At the beginning of each fiscal year, afar directors are sent a copy of the organization's conflict of interest policy for their review and signature. Directors return the executed copies to the organization. Directors are also asked to inform the board chair and executive director of any possible conflicts of interest that arise during the course of the year. Each case reported is evaluated separately and an appropriate determination/resolution is reached.”

“The by-laws of the organization give the chair of the board of directors the power to fix the compensation of such employees in article iv paragraph 2. The board chair reviews the compensation of top managers periodically, and for salary increases periodically, but not necessarily annually. The review is conducted either solely by the chair, or with the help of a compensation task force comprised of representatives of the leadership of afar's board. The process includes a review of the compensation of top managers at similar organizations as revealed on their 990 forms; review of recent not-for-profit compensation surveys; closed session discussions on the recent overall performance of top management and approval by the chair and/or compensation task force of recommended salary increases. Recent practice (over the last 10 years) has been to convene a compensation task force to conduct periodic reviews of compensation of top managers.”

“990's are provided to the following organizations who may then post online - guidestar, dun and bradstreet, charity navigator and the foundation center.”

“The governing documents of the organization are available for inspection by the public upon request, copies of these documents are kept onsite and are accessible on the organization's website, www.afar.org <http://www.afar.org>. The organization's conflict of interest, whistleblower and document retention and destruction policies are available for inspection by the public upon request in either electronic format or hard copy. The organization's financial statements are available upon request and are included in summary form in the annual report. Financial statements and 990's are provided to the following organizations who may then post online - guidestar, dun and bradstreet, charity navigator and the foundation center.”

“Marie bernard - federal liaison hadley ford - chair, emeritus senator john h. Glenn - honorary director diana jacobs kalman - chair emeritus george m. Martin - scientific director emeritus diane a. Nixon - vice chair emeritus”

“Most of afar's funding comes from large, restricted multi-year contributions. In years when no new multi-year contributions are pledged, afar spends down prior year contributions. This gaap reporting requirement can create large positive and negative changes in total contributions (part 1, line 8), revenue less expenses (part 1, line 19) and net assets (part 1, line 22).”