Joint Council on Thoracic Surgery

“The organization hired and retained The Society of Thoracic Surgeons (STS) to provide administrative management services and to perform other duties and services as may be entrusted to STS in accordance with the organizations Articles of incorporation, Bylaws, rules and regulations, and budget. The STS office serves as headquarters office of the organization.”

“The three members of the corporation are the american association for thoracic surgery, the american board of thoracic surgery, and the society of thoracic surgeons. Each member shall be entitled to one vote on each matter submitted to a vote of the members.”

“the organization's directors (governing body) with voting rights are appointed by tHREE initial members (American Association for Thoracic Surgery, American Board of Thoracic Surgery, AND The Society of Thoracic Surgeons).”

“The members by affirmative vote of two-thirds of all of the members may expel a member for cause after notice and an appropriate hearing. The bylaws may be altered, amended or repealed and new bylaws may be adopted by the unanimous approval of all the members of the corporation at any regular meeting or at any special meeting, provided that at least fifteen (15) days' written notice is given of intention to alter, amend or repeal and to adopt new bylaws at such meeting.”

“The organization retained the services of an independent CPA firm to prepare its Form 990. The Management company then reviewed the completed Form 990 and provided a full copy to all voting members of the Organization's Board of Directors (i.e., the Governing Body). The voting members of the Governing Body were given a reasonable amount of time to review the return and ask any questions directly to management or corporate officers.”

“Officers, directors, and others are annually required to complete a conflict of interest disclosure statement as a requirement of service. The statement on JCTSE disclosure policy and guidelines regarding conflicts of interest is read at the beginning of every Board of Directors and Committee meeting. If a conflict of interest or the appearance of a conflict of interest exists, the person with such a conflict must disclose the relationship and refrain from voting on the matter. If the nature of the relationship suggests that his or her presence may be detrimental to the discussion, he or she must exit the meeting. The meeting chair makes the final determination as to the appropriate action.”

“The organization's bylaws and conflict of interest policy are available to the public in the JCTSE website. Other governing documents and financial statements are made available to the public upon written request to the organization.”

“CONSULTANT - ONGOING: Program service expenses 104,167. Management and general expenses 0. Fundraising expenses 0. Total expenses 104,167. CONSULTANT - PROJECT BASED: Program service expenses 30,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,000. OTHER FEES & SERVICES: Program service expenses 0. Management and general expenses 358. Fundraising expenses 0. Total expenses 358.”

“Net asset transer to the society of thoracic surgeons -230,369.”