American Society for Training and Development

“Membership is open to training and development professionals within organizations of all sizes, in the private and public sectors, as independent consultants, and as suppliers.”

“A selection committee appointed by the atd board of directors appoints up to nine members of the atd board in accordance with the atd bylaws.”

“Pursuant to provisions of atd bylaws and chapter 181 of the wisconsin statutes, atd's members have the right to approve amendments to the articles and bylaws and other fundamental transactions such as sale of assets other than in the regular course of business, merger, and dissolution.”

“The organization does not have committees with authority to act on the behalf of the governing body.”

“As stated in policy 3.10, the financial performance committee of the board reviews atd's federal and state tax forms before they are filed with the government. Management review - the tax forms are reviewed by the senior director of finance and the associate director of finance with the rsm tax team. Once the forms are finalized, the senior director of finance reviews with the president/ceo before sign-off, and the forms are sent to the officers of the atd board of directors.”

“All actual and potential conflicts of interests shall be disclosed by all board members to the atd president, both through the annual disclosure form and whenever a conflict arises. Any changes are discussed during quarterly board meetings. Atd maintains close communication with their board members throughout the year.”

“The chairman of the board leads the review and determination of the ceo's compensation. The director of human resources completes a formal compensation review utilizing external benchmarking data. The instructions from the board to human resources to affect changes are well documented. The compensation structure is reviewed on a regular basis by human resources, with approval from the ceo. The structure is based on a "midpoint equals market" approach. Each year, the results of individual employee scorecards (atd's performance planning tool) determine individual compensation within the structure. Managers have input into the process, with ultimate approval by human resources and the ceo.”

“Atd complies with the public inspection requirements of internal revenue code section 6104 by making its form 1023, application for recognition of exemption under section 501(a), determination letter from the irs, and the forms 990 for its three most recently completed tax periods available upon request. However, as section 6104 does not require organizations exempt under section 501(c)(3) to disclose its governing documents, conflict of interest policies, or financial statements, atd has chosen not to make such information available for public inspection. Atd makes these documents available to members to the extent required by law.”

“Unrealized gain (loss) on foreign currency -78,083.”