American Association of Birth Centers

“Membership in the association is divided into two classes: birth center members and sustaining members. The board may establish any subclasses of these classes as they deem to be in the best interest of the association, including establishing qualifications, responsibilities and dues for each subclass.”

“Elected directors are nominated by the nominating committee and elected by a plurality of the members eligible to vote.”

“A copy of the form 990 is provided to the board of directors for their review before it is filed.”

“Board members and key employees are required to complete the "statement of disclosure" annually. The audit committee will determine whether or not a conflict of interest exists, and whether or not such conflict materially and adversely affects the interests of aabc. If the board becomes aware of, or an insider brings to the attention of a board or the audit committee, a transaction or potential transaction that could contitute a conflict of interest but which does not fall within the definition of a related party transaction, the audit committee shall determine if such transaction is a conflict of interest. If the audit committee so determines, the audit committee shall review the transaction in accordance with the procedures of the policy, where any references to a related party transaction or related party shall apply to the conflict of interest and insider, respectively, with respect to such transaction.”

“The association has a senior management compensation policy where the following key critera are adhered to: 1) annual evaluation, 2) use comparability data, and 3) document the process.”

“The association provides the annual 990 return and applications for exemption on request to any individuals seeking them.”

“The bylaws and administrative regulations are available on the aabc website. Financial statements are presented to the membership at the annual business meeting.”

“Consultants: program service expenses 105,167. Management and general expenses 0. Fundraising expenses 0. Total expenses 105,167.”

“The process has not changed from the prior year.”