American Society for Nondestructive Testing

“The organization has an executive committee which has the full power of the board with the exception of the following actions: adding board members, amending board policies, authorizing expenditures exceeding $30,000 per fiscal year, or forming, dissolving, or making appointments to committees. The executive committee meets every other week to address both operational and strategic matters for the organization.”

“The organization is a non-stock, not-for-profit organization with members. Members elect the members of the governing body and must approve changes to the organization's bylaws.”

“Voting members of the organization elect the members of the board. The voting membership of the organization consists of the following classes: individual members, honorary members, military members, and retired members.”

“The voting members of the organization, individual, honorary, military, and retired members ratify the election of the governing board and approve changes to the governing documents (bylaws) of the organization.”

“The form 990 was prepared by an independent cpa firm and reviewed by the director of finance. The draft form 990 was then provided to the board of directors before filing.”

“Each director and member of a committee with governing board delegated powers annually signs a statement which affirms they have received a copy of the conflict of interest policy; understands that asnt is a non-profit corporation and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes; and discloses interests that could give rise to conflicts of interest prior to the start of a board meeting based on the agenda or changes in their circumstances. Top management also monitors proposed and ongoing transactions for conflicts of interest and discloses them to the chairman of the board whether discovered before or after the transaction occurred.”

“Compensation and benefits comparability data from associations with similar attributes (membership type, professional association, budget size, staff size, geographical scope and geographical location) was provided to an independent body, the executive committee, when determining executive director compensation. The process for determining the cfo compensation included a written review and review of comparable salary data from the executive director.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Financial statement and reporting process has not changed from the prior year.”