American Society for Testing and Materials

“James A. Thomas, President, is the father of James S. Thomas, Assistant VP Sales & Marketing.”

“The organization has members, who join by purchasing a membership or qualifying for a free membership from the organization. Those members then elect a nominating committee of their peers who, together with the three past chairmen of the board of directors, select nominees for open board positions. All qualified members then vote on the nominees.”

“ASTM Board procedures 3.3 require, in part, that the finance and audit committee is responsible for "review and approval of return of organization exempt from income tax (IRS Form 990) and that each board member will have the opportunity to review and comment on the draft Form 990 prior to filing. An electronic draft of Form 990, including required schedules, is provided to each voting member of the ASTM Board prior to its filing with the IRS.”

“ASTM has a written conflict of interest policy. The conflict of interest policy defines conflicts of interest, identifies the classes of individuals within the organization covered by the policy, facilitates disclosure of information that may help identify conflicts of interest, and specifies procedures to be followed in managing conflicts of interest.”

“Compensation of President and VP's: Pursuant to ASTM Board procedure 2.4 the Executive Committee is responsible for administering the President's employment agreement and compensation program; and pursuant to ASTM Board procedure 3.3 the finance and audit committee is responsible for monitoring ASTM employee benefits and salary administration programs and for making recommendations to the Board of Directors for such modifications as may be necessary. To that end, the Executive Committee of Board of Directors is authorized to contract, negotiate and set the salary and benefits package of the president. The practices and the procedures used to set the salary and benefits package are as follows: - Every year the executive committee receives salary/benefits survey information from American Research Company's National Compensation Study of Association Chief Staff Executives. - In addition to the annual American Research Company's National Compensation Study of Association Chief Staff, every 3rd year the Executive Committee Authorizes a salary and benefit benchmark report for the President's position from one of the major benefit consulting firms in the US (i.e. AON, Watson Wyatt. E&Y, Mercer, etc.) - All of the ASTM International staff positions are benchmarked at least every 3rd year by a major benefit consulting firm in the US. (1/3 of all positions are benchmarked every year) - This information is provided to the executive committee and the full Board of Directors during the annual budget review as part of the budget review process.”

“Pursuant to IRS Regulations, ASTM, upon request, makes the following available for public inspection: - Original and Amended, if any, annual information returns; - Application for tax exemption including its governing instruments, supporting documents and all IRS correspondence pertaining thereto; - Conflict of interest policy; and - Financial Statements.”

“The American Society for Testing and Materials, a voluntary consensus standards developing organization, derives most of its funding from the sale of standards and related technical information. The organization does not do any formal fundraising. The organization does not actively solicit contributions from the public. Any contributions are solicited by our members for research projects, meeting expenses, and awards or scholarships.”

“Per the Form 990 Instructions Gross Receipts in calculated as follows: Total Revenue (Part VIII, Line 12, COl A) $ 89,600,445 Add: Total Cost Basis of Assets Sales (Part VIII, Line 7b) 86,462,830 ------------ Total Gross Receipts $176,063,275”

“Volunteers - 23,694 The total number reported on Form 990 Part 1, Page 1, Line 6 represents the number of volunteer technical committee members and organizational committee members of ASTM International who have an active role in our standards development process.”

“Change in Retirement Benefit Obligation (30,182,177)”