National Basketball Players Association

“Members and stockholders the nbpa has two classes of members: active members and associate members. Active members: all persons who are employed as players on any of the individual teams which comprise the nba shall be eligible for membership without regard to race, creed, color, age or national origin. Associate members: two-way players under contract to an nba team pursuant to the terms negotiated under the collective bargaining agreement are associate members.”

“Members and stockholders the nbpa bylaws authorize the members to establish the board of player representatives. The board of player representatives is comprised of one player representative and one alternate player representative for each nba team who are duly elected from the members in good standing of their team for a one year term in a secret ballot election at a meeting convened as soon as practicable after the roster is set. The player representatives also have the authority to nominate and elect officers, known as the executive committee.”

“Form 990 review process the form 990 is drafted through a collaborative effort of the organization's outside audit firm and in-house financial and legal professionals. After review, the association shares its form 990 with the executive committee prior to filing with the irs.”

“The nbpa conflict of interest policy states that each employee has an affirmative duty to disclose any conflict, or appearance of any conflict, to the organization via the completion of a conflict of interest disclosure form. The nbpa legal department reviews the signed policy statements and takes any actions needed to ensure that any conflicts are resolved. Until notified otherwise, upon identifying the potential conflict, the employee must immediately abstain from any discussions, decisions, or business dealings involving the nbpa and any of the individuals and entities implicated in his or her disclosure.”

“Process for determining compensation the nbpa undertakes a very thorough and comprehensive process to ensure that the compensation it pays is commensurate with its peers. The executive committee of the nbpa is authorized to determine the compensation of its principal officer, the executive director. In addition, the association commissions a compensation study by an independent third party compensation consultant (the most recent of which was conducted in june of 2023) to ensure that its compensation practices are competitive within the market. The executive director's compensation is memorialized in a written employment contract. For all other executives reported on the form 990, the parameters of their compensation is established by the same compensation study as that used for the executive director. The executive director has the authority to set compensation for the executive team within the parameters established by the compensation study.”

“Public disclosure of documents nbpa makes its form 990 available to the public by retaining a copy at its place of business and published on the internet at www.guidestar.org. Nbpa financial statements are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”

“Board of trustees compensation reporting none of the individuals reported in form 990, part vii are paid to serve in their capacity as executive committee members or player representatives. For those executive committee members or player representatives with compensation reported in column (e), such amounts represent fees the player was paid indirectly from third party sponsors as a result of the player's participation in sponsored events or delivery of other benefits related to sponsorship agreements. By virtue of fees paid indirectly from third party sponsors as a result of a player's participation in sponsored events or delivery of other benefits related to sponsorship agreements during the relevant period, two players are deemed non-independent for form 990 purposes.”

“Gain from lease disposal 2,224,300.”