National Fluid Power Association

“An executive committee consisting of the chairman of the board, vice chairman, treasurer, secretary, immediate past chairman, and chief executive officer of the association ("ceo") shall act for the board in the interim between its three yearly meetings, except as otherwise set forth in these bylaws or the act. When matters require the immediate action by the entire board, the executive committee will call for an interim meeting or conference call.”

“The organization amended its' bylaws for the year. The board of director additional members had been reported at 9 to 13 members, and has been amended to at least nine additional members.”

“On june 30, 2023, the organization had 303 members that included fluid power manufacturers, distributors, and suppliers.”

“The election of officers and directors takes place during the annual meeting of members, held in conjunction with the association's annual conference.”

“The current and immediate past chairmen of the nfpa audit and investment committee who are the current and immediate past treasurers review form 990 before it is filed with the irs. It is then shared with the entire board of directors.”

“All board members are required to complete a conflict of interest form annually. Forms are collected at the beginning of each fiscal year.”

“Executive committee reviews independent salary surveys of similar organizations and makes compensation recommendation to board of directors. Other officers not compensated. Key employee salaries determined by ceo, based on independent salary surveys of similar positions in similar organizations, then recommended to the executive committee for approval. The process described here was last completed in 2023.”

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

“Organizational memberships 58,525. Other professional services 424,608.”