Bank Administration Institute

“Form 990, part vi, line 1a executive committee there shall be an executive committee of the board of directors to be composed of the chairman of the board, vice-chairman, president and chief executive officer, secretary, treasurer, the past chairman of the board, and the counselor to the board. The executive committee shall serve as a nominating committee to identify and nominate candidates for upcoming vacancies. The executive committee shall be authorized and empowered, in matters pertaining to such subjects and duties enjoined upon the board of directors which require decision as to policy and procedure in the interim between meetings of the board of directors, to act and make such decisions on behalf of the board of directors except as otherwise provided by law. All actions of the executive committee shall be reported to the board of directors. The executive committee may, from time to time, make its own rules governing its conduct of bai business except where otherwise provided herein. The executive committee will approve the boards of directors of bai's subsidiaries and affiliates.”

“Form 990, part vi, line 11b the organization distributes the tax return electronically to each voting member of the board of directors prior to its filing with the irs.”

“Form 990, part vi, line 12c bai's conflict of interest policy covers all board of directors and employees. For board of directors, an interested person must disclose the existence of the financial interest by giving the opportunity to disclose all material facts to the directors and member of committee with governing board delegated powers considering the proposed transaction or arrangement. The remaining board or committee members shall decide if a conflict of interest exists. For employees, an interested person must notify human resources as soon as such potential conflict arises. For board of directors, after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. For employees, human resources (hr) reviews the conflicts.”

“Form 990, part vi, lines 15a and 15b each year bai engages an outside hr consultant to benchmark executive compensation using data from a number of published salary surveys. The hr committee of the board of directors considers this benchmarking data, the compensation reported on form 990 for chief executives of comparable financial services trade organizations, the economic environment and bai business conditions when making compensation decisions. The hr committee recommends ceo compensation to the full board of directors for their approval. The compensation approval process for the ceo is contemporaneously documented in the minutes of the board meetings. The hr committee also receives an annual disclosure of total compensation for all officers and leadership team members and approves the process for determining their compensation which is contemporaneously documented in the minutes of the hr committee.”

“Form 990, part vi, section c, line 19 bank administration institute does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

“Other changes in net assets or fund balances consist of: intercompany transaction.........................$ 3,208,597”