Apics Supply Chain Council Inc

“Compensation review procedures are performed by a related organization, apics, inc. The ceo compensation committee shall be a committee with corporate authority responsible for establishing compensation for the chief executive officer and communicating the performance evaluation results to the chief executive officer. The ceo compensation committee shall meet at least twice a year: once to review the chief executive officer's performance and establish the compensation for the chief executive officer; and once to communicate the performance evaluation results to the chief executive officer. The ceo compensation committee shall be composed of the chair of the board, chair-elect of the board, treasurer secretary of the board, immediate past chair of the board, who shall serve as chair of the committee, and the previous immediate past chair of the board.”

“The board retains the services of an independent cpa firm to prepare the organization's form 990. Management reviews the completed form 990 and provides a full copy to all voting members of the governing body prior to filing.”

“Duty to disclose and recuse from discussion and vote: any interested person with decision making authority has a duty to disclose the existence of a potential conflict of interest in any proposed transaction or arrangement under consideration. After disclosure of the interest and all material facts related thereto by the interested person, including any initial questioning by the independent individuals on the board or committee, the interested person with the conflict of interest shall recuse himself or herself and is not permitted to participate in any discussion or vote, on the transaction or arrangement. Investigation and due diligence analysis: apics supply chain council has a duty to investigate alternatives to any proposed transaction or arrangements involving interested persons to determine whether the proposed action is in the best interest of apics supply chain council. If appropriate, the chairperson may appoint a disinterested person or committee to perform this investigation. After exercising due diligence, the board or committee shall determine whether apics supply chain council can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. Decision-making process: if a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in apics supply chain council's best interest and whether the transaction is fair and reasonable to apics supply chain council, and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination. Contemporaneous reporting: the acts taken to comply with this policy, including the disclosure of the conflict of interest, investigation thereafter, explanation of the decision-making process, including the explanation of why the proposed action is or is not in the best interest of apics supply chain council, and the individuals voting on the proposed transaction, shall be contemporaneously recorded in writing by apics supply chain council in the minutes of the meeting, together with any comparability data or other supporting documentation.”

“The governing documents, conflict of interest policy, and audited financial statements are not generally made available to the general public, but if requests for copies of these documents were to be received, the organization would consider making them available to the requestor.”

“The compensation from a related organization, american production inventory control society (apics) reported in part vii for abe eshkenazi, ceo and jeffrey zettek, cfo, is the compensation paid by apics for a full time position. However, a portion of these individuals' time is devoted to the filing organization (apics scc) and is reimbursed by apics scc.”

“PROFESSIONAL FEES - Total Expense: 106049, Program Service Expense: 106049, Management and General Expenses: , Fundraising Expenses: ;”