Iowa State University Alumni Association

“Categories of membership are as follows: annual members: any graduate, former student, current student, faculty, or friend of iowa state university may become an annual member of the corporation upon payment of annual dues in an amount set forth in the bylaws or determined by the board of directors of the corporation, and such membership shall continue so long as annual dues in such amounts determined continue to be paid. Annual business members: any business unit/identity may become an annual member of the corporation upon payment of annual dues in an amount set forth in the bylaws or determined by the board of directors of the corporation, and such membership shall continue so long as annual dues in such amounts determined continue to be paid. Life members: any graduate, former student, current student or friend of iowa state university may become a life member of the corporation upon payment of such amount as is set forth in the bylaws or determined by the board of directors of the corporation to be the life membership dues. Installment life members: any graduate, former student, current student or friend of iowa state university may become a voting installment life member of the corporation upon payment of such amount set forth in the bylaws or determined by the board of directors of the corporation to be the installment life membership dues. "honorary" life members: any person, other than an alumnus or alumna, who has rendered distinguished service to iowa state university may be selected by the board of directors of the corporation as an "honorary" life member of the corporation and shall not be required to pay dues. "complimentary" life members: two classes of complimentary life members shall exist: (i) any alumnus or alumna from 1968 through 2004 who received the wallace e. Barron award; and (ii) any alumnus or alumna, other than those persons described in subsection (i), who has rendered distinguished service to iowa state university as selected by the board of directors. No "complimentary" life member shall be required to pay dues.”

“Each year, the governance committee of the board of directors solicits candidates for board membership. From those candidates, the governance committee forwards their recommended slate to the board of directors to review. The board then votes whether to forward the slate of candidates to the general association membership. Association members then vote on the slate of candidates. Voting is completed online.”

“The alumni association audit committee will review and approve the 990. A sub-group of members of the board of directors will also review and approve the 990. The 990 will be made available to the full board for review before the return is filed. Board approval is not required.”

“The executive assistant collects a signature on conflict-of-interest, confidentiality agreement, and whistleblower forms for all board directors at the beginning of the fiscal year. Isuaa employees are required to complete an electronic conflict-of-interest form to isu on an annual basis.”

“Since association staff are university employees, compensation is set by university policy. Their system has a pay matrix for different levels of job classifications. The association can recommend additional compensation based on merit. Compensation of the lora and russ talbot endowed president and ceo is determined by the ceo evaluation committee of the association. The committee uses surveys, job evaluations and consultation with the president of the university in determining base compensation. Benefits are the same as provided to university staff.”

“A physical copy can be obtained at the isuaa office.”

“Association governing documents and the conflict of interest policy are available on the assocation's website. Financial information is made available in the annual reports which can be accessed on the association's website and is printed in the association's magazine. The association's audit reports and form 990 tax returns are made available on the association's website and on request.”