American Society for the Alexander Technique Inc

“Nonprofit resources llc, a south dakota limited liability company manages all aspects of the organizations operations in accordance with the organizations bylaws and policies. Operations may include but are not limited to administration, membership, finance and accounting, conventions, trade shows, meeting planning, education, marketing, information technology and government relations. At all times such delegated responsiblities are adequately supervised by the board consistent with the board members fiduciary obligations.”

“The membership of amsat consists of voting members and non-voting members. Individuals must be trained and certified as an alexander teacher to become a voting member. Non-voting members include students, associates, international, and non-practicing members. Voting membership rights are at all times subject to the bylaws and membership policies and practices of the organization. Voting members have the right to vote under amsats bylaws and will have all their rights and privileges extended to voting members by the organization. The voting members elect the members of the governing body. The voting members do not approve significant decisions of the governing body. The voting members cannot receive a share of the organizations profits or net assets upon the organizations dissolution.”

“The organizations governing body is elected by the voting members. The classes of the members and their rights are explained above.”

“The independent accountant prepares form 990 and related schedules based on the information provided by the organizations treasurer and management company. Form 990 and related schedules are then reviewed by the board on a line-by-line basis as the final step before filing the return with the irs. Copies of form 990 and related schedules are available to each board member. The accountant, treasurer, and management company answer any questions. Board members are reminded of their fiduciary responsibilities.”

“All board members are covered under the conflict of interest policy. Conflicts of interest are defined as an interest, direct or indirect, with any persons or firms involved with our organization. Transactions with parties with whom a conflicting interest may exist will only be undertaken if the conflicting interest is fully disclosed, the person with the conflict of interest is excluded from the discussion and approval of such transaction, a competitive bid or comparable valuation exists, and the board has determined that the transact ion is in the best interest of the organization.”

“The organization no longer has any compensated persons. However, if the organization did have employees, the organization would determine compensation based upon a review and approval by independent persons, using comparability data. Amsat would maintain written documentation of the deliberation and decision for all compensation issues.”

“The organizations governing documents, conflict of interest policy, financial statement, and filings with the irs are available to any party (public or private) who requests the information.”

“Form 990 part xii line 2c oversight process and selection of accountant. The executive committee of the organization is responsible for the oversight of the compilation of its financial statements and the selection of an independent accountant. The organization did not change its oversight process or selection process during the tax year.”

“New restricted fund added bay area alexander”