Npes - the Association for Suppliers of Printing Publishing and Converting Tech

“The organization has voting members. The board of directors determines the rights, privileges, and obligations of members and may differentiate between and among members with respect to matters such as voting rights, eligible to serve as officers or directors, participation in committee activities, entitlement to benefits, and such other matters the board of directors may deem appropriate.”

“The board of directors are divided into three classes, each class as equal as possible. At each annual meeting, a different class shall be elected for a term of three years. To be eligible for election, an individual must be an owner or employee of a member.”

“The president and executive vice president for operations and foundation review the 990 prior to filing.”

“The conflict of interest policy is reviewed by the president each year. New board members are asked to sign the conflict of interest policy upon joining the board of directors.”

“The compensation committee reviews the presidents salary based upon performance.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“The board of directors appoints the certified public accountants to conduct an annual audit of the organization. This has not changed from prior years. There is also an audit committee. These members are also members of the board of directors. The committee receives the audit report prior to a conference call. Conference call includes the auditor, audit field work supervisor, president, chief financial staff member and outside accountant. During the call the auditor reviews the report, management letter and recommendations (if any), management's response and the financial report. At the end of the call, staff disconnects from the conference call to allow time for the committee members to ask questions of the auditor without staff or outside accountant on the call (executive session). Minutes are prepared, sent to committee members for approval, and filed after the call. Copies of the minutes are provided to the board of directors.”