American Gastroenterological Association

“The institute's governing board has an executive committee, consisting of the board officers, the past president and the chair of the institute's foundation for digestive health and nutrition. The executive committee has the following duties and responsibilities: (1) during the intervals between the meetings of the governing board, to exercise such powers as may be delegated to it by the governing board; (2) make recommendations to the governing board as to matters of changes, extensions or revisions in the corporations policy; (3) to receive and study reports of such committees as the governing board may direct; (4) to act as an advisory body to the president; (5) to keep a record of its proceedings and report the same to the governing board at the next succeeding meeting for its approval or disapproval; and (6) to hold its meetings at such place or places as it may from time to time determine. In addition, the committee may be called upon to meet at any time by the president of the foundation. All actions of the executive committee shall be submitted to the governing board for ratification. In addition, the executive committee shall review and evaluate performance of existing members of all committees and task forces and develop systems, policies, and procedures to assure that all membership thereon is appropriate to the relevant mission and that prospective appointments meet the needs of the organization. The executive committee shall oversee selection of all official awards, prizes, and grants; and specifically to select the annual recipient of the julius friedenwald medal, which will be presented to a member of the american gastroenterological association for distinguished achievement in gastroenterology. The executive committee shall also (1) assess the need for print and electronic publications and services in the areas of gastroenterology science, clinical practice, and education, (2) recommend and initiate publishing projects and activities in response to those needs, (3) develop publication-related policies for approval by the governing board, and (4) ensure the quality and financial viability of all aga institute publications.”

“The sole member of the organization is american gastroenterological association, inc., a related entity exempt from federal income tax under irc section 501(c)(6).”

“The institute's governing board consists of twelve persons, eleven of which are elected by the member (the american gastroenterological association) and one of which is the chair of the institute's aga research foundation (not a separate entity).”

“The form 990 is prepared by a third party, from information supplied by the institute. Aga management reviews the final form 990 and addresses any questions prior to filing. The governing board does not review the form 990 prior to filing.”

“The governing board members are required to complete a conflict of interest policy form quarterly to disclose any conflicts that may arise.”

“The executive compensation committee meets annually to review and approve compensation of top management officials. An independent consultant is used to provide comparable survey data to help set compensation levels for the ceo and senior positions.”

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

“Contractors: program service expenses 1,892,010. Management and general expenses 344,796. Fundraising expenses 13,685. Total expenses 2,250,491. Benefits administration fees: program service expenses 361,699. Management and general expenses 125,024. Fundraising expenses 35,007. Total expenses 521,730. Payroll processing fees: program service expenses 59,956. Management and general expenses 10,926. Fundraising expenses 434. Total expenses 71,316. Design/graphic: program service expenses 48,517. Management and general expenses 8,842. Fundraising expenses 351. Total expenses 57,710. Med. Educ. Company: program service expenses 417,249. Management and general expenses 76,039. Fundraising expenses 3,018. Total expenses 496,306. Consulting fees: program service expenses 62,248. Management and general expenses 373,355. Fundraising expenses 19,677. Total expenses 455,280. Registry contractor: program service expenses 38,411. Management and general expenses 7,000. Fundraising expenses 278. Total expenses 45,689. Site fees: program service expenses 52,435. Management and general expenses 9,556. Fundraising expenses 379. Total expenses 62,370. Institutional review: program service expenses 53,135. Management and general expenses 9,683. Fundraising expenses 384. Total expenses 63,202.”

“Grant recoveries 488,557. Change in value of deferred compensation investment 5,258.”