International Association of Assessing Officers

“The organization has four classes of members that includes regular members, associate members, affiliate members, and honorary members.”

“Regular members have the power to elect the board members. Associate members have the power to elect the associate director.”

“Regular members have the power to remove directors or officers and to approve amendments to the bylaws.”

“Information to prepare the form 990 tax return is provided to the independent accounting firm for preparation. The independent accounting firm provides a draft of the form 990 to staff for approval. A copy of the 990 is then provided to all governing board members along with a response time for questions and comments. Any issues are resolved and the 990 is filed.”

“At the time of hire or election (in the case of directors) and annually thereafter, the officers, directors, and key employees shall provide the applicable conflict of interest disclosures which shall be completed to identify any relationships, positions, or circumstances in which it is believed a conflict may arise. If a conflict arises, the officer, director, or key employee abstains from the vote of the conflicted position. Annual monitoring and review procedures shall be part of the organization's compliance plan. An appropriate report shall be submitted to the executive board concerning any interest disclosed.”

“The executive board shall evaluate the executive director's performance annually. Based on that evaluation the executive committee shall make appropriate recommendations to the executive director's employment and compensation contract. To execute this policy, all executive board members will complete the executive director performance and review form. The completed evaluations are sent to the president-elect. In executive session, the committee discusses the executive director's performance rating, specific objectives and any other matters relative to the operations of international association of assessing officer's and the executive diretor's performance. The executive director's performance planning and review form is comprised of three major parts: 1)the review and rating of the current year goals and objectives 2)a performance review of 12 major competencies as they relate to the position 3)summary of the competency ratings and identification of the goals and objectives for the coming year. A salary study was performed in 2015 by an independent group. The study included evaluating job descriptions and salary for each employee and comparing to market rates. Certain positions received salary adjustments based on this data. A compensation review was conducted in 2019 by board of directors.”

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

“Research, and technical assistance.”

“Publishing and marketing: publishes a journal, a magazine, and several electronic newsletters as well as various textbooks and reference books in the area of ad valorem taxation. Research and information: iaao provides library and other resource materials to members and non members. We also provide technical assistance to jurisdictions, cities and counties.”