The Academy of Medicine Engineering

“Tamest members represent a significant number of universities, organizations and companies throughout texas. All texas members of the national academy of medicine (nam), national academy of engineering (nae), national academy of sciences (nas), royal society, royal academy of engineering and the state's 11 nobel laureates are members of tamest. Tamest member institutions are texas universities where tamest members hold positions on the faculty or in the administration.”

“Directors shall be elected by the vote of the membership of the academy, which shall be conducted annually. The board of directors may authorize members to vote by mail, facsimile or electronic transmission, or any combination thereof, on the election of directors or on any other matter on which the members may vote.”

“The form 990 is sent to the entire board of directors for their review and comments prior to being filed.”

“The executive director has an annual performance evaluation by the president of the board of directors. The president, past president, vice president, treasurer, and treasurer-elect comprise the compensation committee, which recommends compensation increases for the executive director. During the evaluation process, the executive director provides the executive committee a list of accomplishments from the previous year, and a list of goals for the upcoming year. Evaluation forms are distributed to the executive committee in march/april. Completed evaluation forms are submitted to the president by april 30th. The president facilitates a confidential discussion with the compensation committee. The president provides a summarized written review for discussion with the executive director by june 15th.”

“Certain other documents are available upon request.”

“The organization has a letter of agreement with the university of texas (ut) which states that ut will administer the texas academy of medicine, engineering, science and technology (tamest) oerating expenses with regard to staff costs. Tamest is invoiced for the expenses and once approved, are booked into the tamest general ledger and the funds are transferred from tamest to ut for payment. Tamest presents the staff costs, but does not issue the w-2s.”

“Texas academy of medicine, engineering, science and technology 3925 w braker lane, suite 3.8018 austin, tx 78759 employer identification number: 20-1014851 for the year ending december 31, 2024 texas academy of medicine, engineering, science and technology [tamest] is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).”

“The organization's process for assuming responsibility for oversight of the audit, review, or compilation of its financial statements and the selection of an independent auditor have not changed from the prior year.”