Automation Standards Compliance Institute

“The company or organization that has joined asci to participate in the forums through execution of the membership agreement. Asci forums (interest groups) will create membership levels and entitlements according to the needs of the forum. Fees and membership categories will vary among the forums and are determined by the forum's founding leaders and ultimately the established board of governance for each forum. Isa security compliance institute member classes are strategic member, technical member, associate member, government member, and informational member. Isa100 wireless compliance institute member classes are board member, supplier member, and non-supplier member.”

“Form 990 is reviewed by the secretary and senior management of the corporation before it is filed with the irs. The review includes verifying the answers to all questions and comparing financial data to the financial statements of the corporation.”

“An asci institute leader has an obligation to be alert to any actual or potential conflicts of interest. If a transaction is or may be subject to review by an asci governing body, an interested asci institute leader will promptly disclose any actual or potential conflict of interest to, and abstain from any participation in the discussion or decision of, the respective governing body with respect to that transaction. After disclosure of the actual or potential conflict of interest, the interested asci institute leader shall leave the meeting and the remaining members shall determine if a conflict of interest actually exists. The disclosure shall be communicated by the interested asci institute leader in a neutral context; that is, the interested asci institute leader will not state any position or advocate the adoption of any position on the transaction in his or her initial disclosure concerning the actual or potential conflict of interest. Thereafter, if an actual conflict of interest is determined to exist, the interested asci institute leader will refrain from initiating any discussions, publicly and privately, regarding the transaction with other members of the governing body that will make any decision concerning the transaction. The governing body will give the interested asci institute leader a fair and appropriate opportunity to submit a written position statement regarding the transaction to the governing body before consideration of the transaction is concluded, but the interested asci institute leader shall initiate no other discussions or participation in the decision making process. The governing body shall have complete authority to ascribe whatever weight it deems appropriate to the interested asci institute leader's written statement in light of the disclosed conflict of interest.”

“The compensation committee, which represents the executive board, reviews the performance and compensation of the executive director/ceo annually. A formal written performance appraisal is completed and a face to face meeting is held between the compensation committee and executive director/ceo. Each year executive compensation is reviewed against industry data provided by salary surveys conducted by asae (american society of association executives), cesse (council of engineering and scientific society executives), and capital associates to confirm that executive compensation falls within industry norms.”

“Governing documents and conflict of interest policy are made available to the public upon request.”

“Officers listed on part vii work an average of 40 hours per week. Their time is shared between the filing organization and the related entities listed on schedule r.”

“OTHER 343,357.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The organization has not changed its oversight process or selection process during the tax year.”