American Neuromuscular Foundation

“The executive committee shall include the president, immediate past-president, secretary-treasurer, and president-elect. The president of the board shall be the chair of the executive committee. Meetings may be conducted in person or by means of remote communication. The day-to-day affairs of the foundation may be supervised by the executive committee between meetings of the board of directors.. The executive committee shall have and exercise all the powers and perform all of the duties commonly vested in the board of directors, subject to the following limitations: the executive committee shall not have the authority of the board of directors in reference to amending, altering or repealing these bylaws; electing, appointing or removing any member of any such committee or any director or officer of the foundation; amending the articles of incorporation of the foundation; adopting a plan of merger or adopting a plan of consolidation with another foundation; authorizing the sale, lease, exchange or mortgage of all or substantially all of the property and assets of the foundation; authorizing the voluntary dissolution of the foundation or revoking proceedings therefore; adopting a plan for the distribution of the assets of the foundation; or amending, altering or repealing any resolution of the board of directors which by its terms provides that it shall not be amended, altered or repealed by such committee. The executive committee shall report its activity to the board.”

“The governing body delegated authority to the research committee to make decisions on behalf of the board. These actions are reported in the spring and the fall.”

“A completed copy of form 990 and all related schedules is reviewed in detail by the executive director. After the review, form 990 and all related schedules are emailed to the board of directors for their review and input prior to filing with the irs.”

“The board of directors and committee members are asked annually to disclose any conflicts of interest they may have. At each board or committee meeting, those present are again asked to disclose any conflicts of interest, both verbally and in writing. If someone has a conflict of interest on a topic of discussion, they are asked to either leave the room or refrain from participating in the discussion and abstain from voting on the topic.”

“The finance commitee of the aanem, headed by the secretary-treasurer, completes an evaluation/formal review process for the executive director and/or any other key empployee or officer deemed necessary annually. The secretary-treasurer obtains input from key members of the organization that may include the board president, other board members, and staff through discussions, emails and/or written review form. After completion and discussion of the evaluation, the finance committee reviews comparable compensation information for similarly qualified persons in functionally comparable positions at similarly situated organizations from 990s and/or salary surveys. The finance commitee then recommends a compensation package and submits it to the board of directors for approval.”

“The governing documents, conflict of interest policy and forms, and form 990 are available for public inspection at the corporate office located at 2621 superior dr nw rochester, mn 55901. The documents may also be obtained through a written request.”