Aded Inc.

“Membership is granted by payment of dues, which entitles the member to participate in education classes and have access to research material. The organization is run by a board of directors which is elected by the membership.”

“Members are allowed to nominate themselves or another member for a position on the board. Members then vote on the slate of officers.”

“Form 990 is reviewed by the treasurer and executive director and signed by the executive director. It is available for review and inspection by other board members and members upon request.”

“All candidate and current board members, committee members, executive director(s), contractors and staff (person) whose work or service to the aded association would cause applicability to the conflict of interst policy has a responsibility to complete a conflict of interest form when completing a consent to run for or on appointment to board, committee, contractor or staff position. If the person is not sure if a conflict of interest exists, the person shall, not withstanding their uncertainty, disclose their interest. The completed form will go to the past president who will review the form and determine if further board action is necessary at this time.”

“Aded employs two staff members, the executive director and an assistant. Executive director salary and compensation are determined by a thorough review of existing compensation packages for comparable sized associations. An ad hoc compensation committee is established annually to review executive director compensation and make recommendations for board consideration.”

“Governing documents are available for inspection upon request in the office of the executive director in north carolina.”

“ROUNDING”

“See detail of $286,765 other expenses on overflow statement.”