Non-Ferrous Founders Society Inc

“The organization has three classes of members: regular, associate, and affiliate. All three classes have full voting rights and approve board elections annually.”

“Board elections are ratified by members assembled in a general session annually.”

“Members approve board elections annually.”

“The board of directors reviews and approves the form 990 before it is given to the executive director for signature and filing.”

“The organization's executive committee members are required to review and sign a conflict of interest policy every year. Board members are required to review and sign the policy at the start of every three year term. The board members are responsible for coming forward if a conflict arises during the three year period. The executive director monitors and takes action if any conflict arises. If there is a conflict, the board of directors is notified and the individual either must absolve the conflict or resign.”

“Once a year, the organization's executive committee determines what the compensation for the executive director position will be based on salaries for similarly qualified persons in comparable positions at similarly situated trade associations. The board approves the final compensation amount as part of the annual operating budget. This process was last used on april 23, 2014. Line 15b is answered no because the organization does not have any other officers who receive compensation and there are no key employees.”

“The organization's governing documents are published in the membership directory and are made available upon request. The organization's conflict of interest policy is also made available upon request. The financial statements are published in the organization's annual report, which is distributed to members and non-members in the organization's magazine.”

“The only donors are government grants so part v, line 6b is not applicable.”