Materials Research Society

“The society's members elect the members of the governing body and approve significant decisions of the governing body.”

“Society consists of more than 14,000 members from the united states of america and more than 90 other countries. Members and the headquarters staff work together encouraging interdisciplinary communication and technical information exchange across the various fields of science affecting materials of technological importance.”

“Members of the society are entitled to vote: (a) for directors; (b) for the vice president and secretary; (c) on amendments to the constitution; (d) on member-initiated referendums related to bylaws adopted or changed by the board of directors; and (e) on proposals submitted by members to remove officers or directors.”

“Members vote to elect the board of directors and on selected matters.”

“The board has appointed the operational oversight/audit committee to review the 990 before submission. The 990 is made available to the entire board before submission.”

“Each year, during the fall board meeting each board member is required to complete a conflict of interest policy acknowledgment. The employee conflict of interest policy is included in the employee handbook, which requires a signature of acknowledgment on an annual basis.”

“Annual compensation adjustments are based on individual performance, market influences and the financial performance of the society. Market influences include, cpi information, comparability data from consultants and/or benchmark surveys, information from industry where, applicable, and compa ratio method established in prior years by compensation consultants. All compensation adjustments for staff are approved by the executive director with comparability data and compensation for top management staff being reviewed by the governance committee. The executive director's compensation adjustment is set by the board of directors.”

“Governing documents are available on the mrs website. Financial statements and conflict of interest policy are available upon request. Financial statement summary is on website.”

“Printing and publications: program service expenses 252,724. Management and general expenses 471. Fundraising expenses 0. Total expenses 253,195. Awards: program service expenses 81,272. Management and general expenses 0. Fundraising expenses 0. Total expenses 81,272. Postage and shipping: program service expenses 12,455. Management and general expenses 12,927. Fundraising expenses 0. Total expenses 25,382. Dues: program service expenses 12,468. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,468.”

“The process has not changed from the prior year.”