Association for Medical Education

“Board meetings specifically for reviewing the form 990 and other financial matters are held once the information is available and prior to filing the return with the irs.”

“The organization's conflict of interest policy covers board members and employees. Duty to disclose: in connection with any actual or possible conflict of interest, individual board members and employees must disclose the existence of such interest in writing to the president and executive director of amersa. In the course of conducting business, should an individual have a non-documented actual or potential conflict, they will disclose it during the course of business, prior to engaging in further discussion about the transaction or arrangement and determination of whether a conflict of interest exists will be made. Determining whether a conflict of interest exists: (a) the board of directors will decide if a conflict of interest exists based on review of the disclosure of the financial interest and all material facts, and after the interested person has made a presentation regarding the possible conflict of interest, following which they will leave the meeting. (b) the directors shall discuss and vote on the possible conflict of interest, requiring a majority vote. The individual will be informed of the decision. (c) individuals with a conflict of interest will be recused from discussions wherein they have a conflict of interest. Violations of the conflict of interest policy: (a) if the board of directors has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, the individual shall be informed and afforded an opportunity to explain the alleged failure to disclose. (b) if, after hearing the member's response and after making further investigation as warranted by the circumstances, the board determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate corrective action, including that individual amending the disclosure statement or the board taking disciplinary action.”

“The compensation of the organization's executive director is reviewed and approved by the executive committee and documented in the executive committee's meeting minutes.”

“The organization makes its governing document, conflict of interest policy, and financial statements available upon request. No other documents available to the public.”

“Consultants: program service expenses 149,240. Management and general expenses 61,607. Fundraising expenses 0. Total expenses 210,847. Other professional fees: program service expenses 0. Management and general expenses 2,955. Fundraising expenses 0. Total expenses 2,955. Payroll service fees: program service expenses 0. Management and general expenses 2,282. Fundraising expenses 0. Total expenses 2,282.”