Anesthesia Quality Institute

“The organization utilizes the management of american society of anesthesiologists (asa) to provide certain program and administrative services. On january 1, 2010, aqi entered into a shared services agreement with asa whereas aqi will support the educational mission of asa by promoting the health and safety of patients of anesthesiolgists by fostering advances in quality of care measurement and improvements in the delivery of anesthesia medical care; and whereas aqi, as a newly-formed corporation, has a need for certain professional services, including communications, finance, information, technology, human resources management, practice management/regulatory affairs and administrative services. The agreement also includes asa leasing office space at its headquartes to aqi.”

“The organization retains the services of an independent cpa firm to prepare the organizations's form 990. Management reviews the completed form 990 and provides a copy to each member of the governing body prior to filing. The governing body is given a chance to comment and/or ask questions.”

“On an annual basis, the organization's board members and officers are required to disclose whether or not they have any potential conflicts of interest and, if so, are required to disclose them. Board members are required to abstain from voting on any issues where they have a potential conflict. The members who have a conflict must fill out a form to describe the conflict. Asa management maintains the completed forms for the organization.”

“Governing documents and financial statements are available through applicable governmental agencies; the conflict of interest policy is available upon written request to the organization.”

“Other outside services: program service expenses 684,826. Management and general expenses 37,512. Fundraising expenses 0. Total expenses 722,338.”

“The board of directors is ultimately responsible for the oversight of the audit and selection of an independent accountant. The board utilizes the section of fiscal affairs of the american society of anesthesiologists to assist in the process.”