Alpha Chi Omega Fraternity Inc

“Alpha chi omega fraternity's members are called delegates and are defined as follows in the articles of incorporation: 1. Members of the national council; 2. Province collegiate chairs; 3. Province alumnae chairs; 4. The chapter president or her designated representative from each collegiate chapter in good standing; 5. The chapter president or her designated representative from each alumnae chapter in good standing and 6. Past national presidents of alpha chi omega.”

“Power of delegates to elect members of the governing body: per alpha chi omega fraternity's articles of incorporation: delegates are vested with the following rights: electing the national council . . . National council members shall be elected by a majority of the votes cast by the delegates to vote at a national convention.”

“Process for review of form 990 - this form 990 was prepared by a public accounting firm and reviewed in detail by the fraternity's finance staff. The form was then sent to all members of the national council for review. The form was approved by the national council at a regular monthly meeting prior to being filed.”

“Process for monitoring and enforcing compliance with conflict of interest policy - national council member complete a combined fiduciary duty and disclosure form annually. The forms are collected and reviewed by the director of executive operations. Any conflicts of interest identified on the forms are reported to the national council president or chief executive officer for follow up and resolution as those individuals deem appropriate.”

“The compensation of alpha chi omega's chief executive officer (ceo) is set by alpha chi omega fraternity's national council. The compensation of the senior financial controller (sfc) is reviewed for reasonableness by the national council. The fraternity acts as the common paymaster for all four alpha chi omega entities and allocates a portion of the ceo's and the sfc's salaries to each entity. Benchmark data related to the ceo's and sfc's compensation is obtained annually by the national council from several published salary surveys. The national council reviews the benchmark data and ensures that the data points are related to positions comparable to alpha chi omega's ceo and sfc positions. The national council then meets in executive session, compares appropriate benchmark data points to the ceo and sfc's actual compensation, determines changes to the ceo's compensation if appropriate, determines whether the sfc's compensation is reasonable in light of the benchmarks and directs the fraternity's payroll staff to make changes to the ceo's compensation if appropriate.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“The chief executive officer is compensated though the fraternity, but also serves as the chief executive officer of alpha chi omega national housing corporation (nhc) and alpha chi omega foundation, inc. (foundation). The nhc and foundation reimburse the fraternity for a percentage of the chief executive officer's salary and benefits. The amount of compensation charged to the fraternity is reflected on part ix, line 5, officer's compensation.”

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