International Facility Management Assoc

“Executive committee - composition: as stated in the constitution [const. Art. Iv], the executive committee shall consist of the officers of the association and the president and chief executive officer (exofficio). Authority: the executive committee shall exercise the authority of the board in the control and management of the association's affairs when the board is not in session. The executive committee cannot modify action taken by the board and the board may modify any unexecuted action approved by the executive committee.”

“Ifma is a professional association and has over 24,000 members.”

“Members vote at the annual meeting/house of delegates on governing changes made to the association. The members also vote on constitutional changes when applicable.”

“A copy of this return was reviewed by the association's president and ceo, and cfo. A copy of the return was then forwarded to all current members of the board of directors for comment prior to filing.”

“Employees, officers and directors must sign a conflict of interest disclosure statement upon being hired and on an annual basis.”

“The compensation of the organization's president and ceo is annually determined by a committee who considers performance and established compensation guidelines using comparable data. The committee reviews and approves and contemporaneously substantiated the deliberation and decision. The compensation of the other officer is annually determined by a committee who considers performance and established compensation guidelines using comparable data. The committee reviews and approves and contemporaneously substantiated the deliberation and decision.”

“Governing documents and the conflict of interest policy are posted on the association's website. Financial statements are shared with members in the annual meeting and condensed financial statements are published in the annual report.”

“Ifma india company private limited (ifma india) is an organization that was formed on november 14, 2013 (inception) with the purchase of substantially all the shares by the association and is consolidated with international facility management association for financial reporting purposes due to common ownership and control. The financial results of ifma india for the period from inception to june 30, 2025 were consolidated with that of international facility management association as of june 30, 2025 for financial reporting purposes only and not on form 990. Ifma facility management knowledge (shanghai) limited liability company (ifma china) is an organization that was formed on august 1, 2014. Ifma usa owns 90% of the shares and controls the ifma china board. Accordingly, the financial results of ifma china for the period from inception to june 30, 2025 have been consolidated with that of association as of and for the fiscal year ended june 30, 2025 for financial reporting purposes only and not on form 990. Ifma china was dissolved may 7, 2025.”

“Loss on dissolution of subsidiary -64,150.”