Mgma-Acmpe

“Mgma-acmpe has the following categories of members: - individual - student - faculty - honorary - distinguished - life - affiliate”

“Dues-paying and distinguished members have the privilege of voting in person or by proxy on the election of directors elected by the voting members.”

“Dues-paying and distinguished members have the privilege of voting in person or by proxy on all association matters requiring membership approval under the colorado revised nonprofit corporation act, the articles of incorporation, or the bylaws.”

“The board of directors delegated to the finance committee the review of the form 990. The finance committee reviews the form 990 in detail. After the review, the members of the board of directors receive a copy of the form 990 prior to it being filed.”

“Mgma-acmpe's officers, board of directors, and committee members are required to disclose in writing on an annual basis any interests that could give rise to conflicts of interest. If any conflicts exist, the board members recuse themselves from voting on any matters pertaining to the conflict. The organization monitors compliance with the conflict of interest policy by inquiring at each board meeting whether there have been any changes that could give rise to a conflict of interest since the board members signed the annual affirmation.”

“The executive committee serves as the compensation committee and utilizes comparability data. The board of directors delegates responsibility for the compensation decision to the executive committee for the ceo's compensation. The organization maintains the necessary documentation as to how the executive compensation is determined. The compensation for the other officers and key employees is determined using a similar process. It is based on comparability data, which is reviewed and approved by the ceo. The appropriate documentation is maintained by the organization as to how the compensation is set.”

“Mgma-acmpe posts its audited consolidated financial statements and governing documents on its website. The audited consolidated financial statements, governing documents, and conflict of interest policy are also available upon request.”

“The board of directors may at any time appoint an executive committee which shall consist of five or more directors. Such committee shall have such powers and duties as may be delegated to it by the board of directors, and each member shall serve for that period determined by the board of directors. The executive committee may be authorized and directed to exercise all the powers and perform all the duties of the board of directors in the interim between meetings of the board of directors provided that it shall take no action inconsistent with specific direction of the board. The committee shall keep regular minutes of its meetings, reporting the same from time to time at the next succeeding meeting of the board of directors, regular or special. The designation and appointment of, in the delegation of authority to, any such committee shall not relieve the board of directors or any individual director from any responsibility imposed upon him or her by law.”

“Membership services - as the association for professionals in the field of medical group practice administration, the association provided services to its members including communications on pertinent issues of the profession, information on products and services and other activities to promote the medical group practice administration industry and its members. The association serves more than 24,667 members. In addition, the association's government affairs staff monitored and engaged in advocacy efforts related to federal legislation and regulations that affect medical group practices. The government affairs staff also educated the membership on health care news, events and changing federal requirements. They published 59 educational electronic newsletters with an average circulation of approximately 20,000”

“Audit net asset adjustment 2,000.”