American College of Phlebology

“Per bylaws, directors of this corporation shall be designated by the American Vein and Lymphatic Society, and at all times not less than 51% of the authorized number of the board of directors must be members in good standing of the American Vein and Lymphatic Society.”

“Organizations process to review form 990 upon initial completion of the draft of the return by the CFO and prior to the submission to the tax preparer, the form is reviewed in full by the executive director for accuracy. Upon completion of the final form 990 return by the tax preparer, the 990 in PDF format is cuirculated to the board of directors for review and comment prior to filing. A final review is also made by the director of finance and executive director before filing.”

“Monitoring and enforcement of conflicts of interest (COI) policy- all officers, directors & key employees are required to submit a COI form listing any/all conflicts, prior to each board or commitee meeting. The first agenda item is to review & update as needed all COI statements.”

“Compensation process for top official. The Foundation for Venous and Lymphatic Disease has a shared staffing agreement in place with the American Vein and Lymphatic Society, a related 501(c)(3) entity. That entity sets executive compensation per market surveys and comparative data. Please refer to their form 990, schedule O for relevant details. This process applies to the top management official and the top Financial official.”

“Governing documents disclosure explain how certain documents are availed to the public. The organizations articles of incorporation and bylaws are available upon request, as posted on our website. The conflict of interest policy is a PDF link on the website. The financial statements, like the governing documents, are made available to the public upon request, as posted on our website.”

“All restricted net assets were reclassified as unrestricted.”