Lidma Inc

“The board of directors is composed of business leaders within the industry. As such, the directors may have normal business relationships. Gina grantham is a board member and also the ceo of lidma. As a result, she is not a voting member of the board. The business relationship falls below the schedule l disclosure threshold and therefore schedule l was not required to be completed. Business relationships are conducted at arms' length, pursuant to normal business terms.”

“Accounting, management, and administrative functions are provided by association executive services, inc., a management company that specializes in nonprofit organizations. Actions of the management company are reported to the board. There is an arm's length business relationship between lidma and the management company. Additionally, the management company is not a controlled entity with respect to lida and vice versa.”

“The organization accepts members from the life insurance direct marketing industry through an application process. However, none of the members actually have an ownership interest in lidma and they cannot receive a share of the organization's profits or excess dues or net assets upon the organization's dissolution.”

“The board of directors of the organization is elected from the membership by the members.”

“The form 990 is reviewed by the volunteer treasurer, president, and management company ceo who are appointed by the board of directors with responsibility for the form 990.”

“The association makes their exempt status determination letter and prior three years form 990, and form 990-t if applicable, available to the public upon request.”

“Governing policies and documents are available upon request. The anti-trust policy is available on their website free of charge.”