Academy of Managed Care Pharmacy

“The organization has the following members: active members, associate members, corporate, honorary members, student pharmacist members, pharmacy tech and resident/fellow/graduate student members.”

“Nomination of directors and officers: nominations for director and officer positions shall be made by the committee on nominations. The committee on nominations shall consist of six (6) members: five (5) active members and voting corporate member representatives, including the chairperson, and one (1) non-voting staff member. A non-voting alternate active member or voting corporate member representative will also be selected. All committee members are selected by the chairperson and approved by the president. The committee must submit for election two candidates for the following elected positions, which are or will be vacant: president-elect, and treasurer. The committee must submit for election two candidates for each position of director that will become vacant. Candidates will be chosen from among the nominations made or received and approved by the majority of the members of the committee on nominations, provided that persons nominated have given their consent. The schedule for the nomination and election of directors and officers shall be approved annually by the current corporation board of directors so that the election is certified not later than thirty (30) days prior to the meeting where the newly elected directors and officers will be installed. The corporation board of directors shall establish a date by which all ballots for the election of directors and officers must be returned and shall be considered the closing date of the election.”

“The organization will review the 990 form internally, first, by cfo and the ceo. The form will then be submitted to the members of its governing body for review before submittal of the 990 form to the irs.”

“Prior to the start of all board of director meetings, the academy's anti trust/conflict of interest policy is reviewed; should conversation move into areas of possible anti trust/conflict of interest, the group is redirected by the chair or legal counsel.”

“Annually, the executive committee of the academy is responsible to evaluate the performance of the ceo and review process to determine the merit for setting or increasing the compensation for the academy's ceo. The ceo sets the compensation of the top management and key employees of the organization, and decisions are documented as well.”

“Financial statements, 990 information return, conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d).”

“Rights of members include: active members (as defined in section 3.3(a)), resident/fellow/graduate student members (as defined in section 3.3(f) and voting corporate member representatives (as defined in section 3.3(c)) and honorary members (as defined in section 3.3(d) and section 3.4(d)) that are otherwise eligible for the active member category of membership as defined in section 3.2 shall be eligible to vote in the corporation. The active members, voting corporate member representatives and honorary members shall be referred to collectively as the "voting members". Active members and voting corporate member representatives in good standing shall be eligible to hold the offices of treasurer and director in the corporation. Only pharmacists (as defined in section 3.2(a)) that either (i) hold membership in the active member category or (ii) serve as the voting corporate member representative in good standing shall be eligible for the presidency of the corporation. Associate members designated non-voting corporate members, and student pharmacist members shall be nonvoting members of the corporation. Honorary members may vote and hold office in accordance with section 3.4(a) and section 3.4(b) if otherwise eligible for the active member category of membership. No dues shall be required of honorary members.”

“Other professional fees 4,265,877.”

“The process for overseeing the audit of the financial statements and selection of an independent accountant that audited the financial statements has been consistent with prior years.”