Association of Clinical Research

“The association has members that may be classified in one or more membership classification. Membership is limited to natural persons only. Active membership shall be limited to professionals actively engaged in clinical research endeavors, current with their membership dues to the association and otherwise in good standing.”

“All elected trustees shall be elected by the affirmative vote of the active members provided that at least fifty (50) active members or two and one-half percent (2.5%), whichever is smaller, is represented through electronic ballot. Alternatively, elections may be held either in person or by proxy, at an annual meeting or special meeting, provided that a quorum of active members is present at such meeting.”

“Active members in good standing vote on: a. Amendments to the articles of incorporation b. Election of trustees to the board c. Dissolution of the corporation d. Merger or consolidation of the corporation e. Disposition of 50% or more of the corporations assets (unless court approved)”

“The organization's form 990, form 990-t, and virginia form va-500 (the forms) are first provided to the finance committee for their review. The finance committee meets with the independent tax firm that prepares the forms for the organization to answer any questions they may have. The forms are then provided to all members of the association board of trustees for their review and comment. The forms are then filed after all questions/comments have been addressed. Method of delivery: the forms are placed on a secure section of the organizations online community that only members of the finance committee and association board of directors can access. Members of the two groups are advised not to print, save or distribute the draft version of the irs form 990.”

“All members of the association's board of trustees, committees, and select employees of the association are required to complete the conflict of interest questionnaire. The completed questionnaires are reviewed by management for items that may require further investigation.”

“All positions, including the ceo, executive director and senior, or key employees have their compensation data determined according to specific compensation data that is obtained through a variety of surveys. The process that is followed includes the following steps: i. Acrp job descriptions(not specific job titles) are benchmarked against comparable positions in the association industry. Ii. These positions are then analyzed according to survey data obtained by a professional compensation consultant from individual membership and trade association data as well as dc metro data, which is preferred over the national data. Iii. The selected salary data is customized for acrp's budget, rather than the survey's broad budget ranges. Compensation for other key employees and staff i. Pay philosophy - the association of clinical research professionals (acrp) is committed to providing service excellence to its membership. Acrp recognizes that each employee plays an important role in achieving this commitment. It is the philosophy of acrp to pay competitively in relation to the local market as obtained from professional survey data based on the market average (mean). This philosophy applies to all positions in order to attract and retain quality personnel. Acrp's compensation program is based on salary and benefits. Variable pay (bonus) may also be used solely at the organization's discretion. Ii. Performance-based program - acrp's compensation program is performance-based. The salary program is designed to reward high performers more generously than mid-level performers. Merit increases are based on individual performance. An employee who performs below the established standards for the position will not receive an increase. In addition, employees who continually perform at below average levels will be disciplined in accordance with acrp's progressive discipline process to include suspension and/or possible termination. Iii. Responsibility for the program - the finance committee is responsible for the initial approval of the compensation program and for the annual review, authorization, and approval of the annual compensation budget as recommended by the executive director. The association board of trustees (abot) are responsible for the final approval of the compensation program and annual compensation budget, which is presented by the finance committee.”

“The association's bylaws are provided as a pdf document on the association's website in the "about acrp" section. The conflict of interest policy is available on the website and is part of the trustee nomination process. The association's audited financial statements are available on the members' only section of the website. Members are provided a login and password to log into this section of the website.”

“Other fees: program service expenses 1,212,873. Management and general expenses 213,568. Fundraising expenses 0. Total expenses 1,426,441.”

“Transfer to academy of clinical research professionals -93,428.”