American Society for Engineering

“The organization has individual members and institution members.”

“The form 990 is prepared by an independent cpa firm. A draft is delivered to the cfo, who reviews the form 990. If changes are deemed necessary, the cfo provides feedback to the cpa firm. A draft is then submitted to the board finance committee and the full board for final review.”

“The conflict of interest policy is reviewed and signed by board members andstaff every year. If there is a conflict of interest, an interested person(any officer, member of asee, committee member, or employee of asee, who has a direct or indirect financial interest) must immediately disclose the existence and nature of his or her financial interest to asee. Failure to report a conflict of interest can result in corrective action including but not limited to removal from office, committee or termination of employment.procedures for addressing the conflict of interest:a. An interested person may make a presentation at the board or committeemeeting, but after such presentation, she/he shall leave the meeting duringthe discussion of, and the vote on, the transaction or arrangment thatresulted in a conflict of interest.b. The authorized committee shall, if appropriate, appoint a disinterestedperson or committee to investgate alternatives to the proposed transactionor arrangement.c. After exercising due diligence, the board or committee shall determinewhether asee can obtain a more advantageous transaction or arrangement withreasonable efforts from a person or entity that would not give rise to aconflict of interest.d. If a more advantageous transaction or arrangement is not reasonablyattainable under circumstances that would not give rise to a conflict ofinterest, the board or committee shall determine by a majority vote of thedisinterested persons whether the transaction is fair and reasonable toasee and shall make its decision as to whether to enter into thetransaction or arrangement in conformity with such determination.violations of the conflict of interest policy:a. If the board or committee has reasonable cause to believe that a personhas failed to disclose actual or possible conflicts of interest, it shallinform the person of the basis for such belief and afford the person anopportunity to explain the alleged failure to disclose.b. If, after hearing the response of the person and making such furtherinvestigation as may be warranted in the circumstances, the board or committee determines that the person has in fact failed to disclose anactual or possible conflict of interest, it shall take appropriatedisciplinary and corrective action.”

“Executive director - asee has an oversight committee (selected members of board of directors) who evaluate the executive director's performance and salary amount annually. Human resources provides the committee with surveys done by different companies on executive director/ceo salary and benefits for nonprofit associations.other officers and key employees of the organization report to the executive director (ed). The ed evaluates their performances and salary amounts as part of the organization's annual performance evaluation system conducted for all employees. The hr director provides the ed with salary range surveys done on comparable positions within the nonprofit association industry.”

“The organization's governing documents, conflict of interest policy, andfinancial statements are made available through the organization'”

“The organization has individual members and institution members.”

“The organization is currently in the process of obtaining a single audit for the year ended 9/30/25.”

“Awards - an annual awards program provides honors and awards to distinguished educators and engineers. Asee presents up to 20 national awards each year in a wide array of disciplines. Asee awards winners received honorarium, travel expenses, and commemorative plaques.”

“Asee provides accounting services, referred to as banking and accounting services system, for the benefit of 83 participating operating field units.”

“Member services - 388 institutions and 7,965 individual members from engineering and engineering technology schools. Activities are carried out through a system of small groups. Each council, division, and section is self-governing through its by-laws”

“OTHER PROGRAM SERVICES”

“Publication services - asee produces prism magazine and journal of engineering education, an annual directory of profiles on college and universities, an online newsletter called connections, a k-12 magazine, egfi, promotes engineering to young students, an online journal called advances in engineering education that disseminates significant, proven innovations in engineering education practice, especially those that are best presented through the creative use of multimedia, and a weekly capitol shorts e-newsletter intended to keep deans and department chairs abreast of important developments ion congress and federal agengies affecting engineering education and research.”