The Animal Medical Center

“The amc has its form 990 prepared by an independent public accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and the audit committee and is ready to be filed with the internal revenue service, it's submitted electronically and/or in person to members of the organization's governing body for any comments prior to its submission.”

“The animal medical center requires all officers, trustees, and key employees to disclose annually interests that could give rise to conflicts by completing the animal medical center's internal "conflict of interest" disclosure form and returning it to the organizational development and human resources director for determination of whether a conflict exists. Actual conflicts are reviewed by both the organizational development and human resources director and the ceo. Should a conflict exist the person with the conflict must recuse themselves from voting on the matter.”

“The animal medical center's compensation committee comprised of independent members of the board meets annually to review and establish the compensation for the president/ceo, cfo and other officers or key employees. In addition, the compensation committee reviews appropriate and adequate data to determine the reasonableness of compensation being considered. The compensation committee uses a variety of information and studies that are available to determine that the appropriate level of compensation is being paid to its executives, such as forms 990 of similar organizations and salary surveys of like positions in similarly sized organizations, both for-profit and non-profit. The compensation committee's decision on the amount of compensation paid is required to be adequately documented in the meeting minutes; documenting the date of the decision, the members present, those that voted on it, the full terms of the transaction, and the comparable data used and relied upon to make the decision. The animal medical center reviewed compensation for the applicable individuals in december 2024.”

“The amc makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The financial statements are available on the organization's website. In addition, the financial statements, governing documents and conflict of interest policy are available upon request.”

“The organization provided separation pay in the amount of $250,000 to an individual currently serving as a trustee, who previously held an officer position. Although the payment pertains to services rendered during prior employment, it is reported in part vii-a as compensation paid to a current trustee.”

“Change in beneficial interest in trusts 155,062.”

“The amc has a committee that is responsible for the oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from the prior year.”