American Cochlear Implant Alliance

“The executive committee shall be a committee of the board and shall be composed of the chair of the board, the vice chair of the board, the secretary, the treasurer, the chair of membership, the chair of nominating and other chairs as the board of directors so designates. The chair shall serve as the chairperson and the secretary shall serve as the secretary of the executive committee. The honorary chairman of acia may also serve as an ex-officio, non-voting member. Except for the power to amend the articles of incorporation and bylaws, the power to remove or fill vacancies of directors or officers, and such other powers as may be reserved to the board by law, the excecutive committee shall manage the affairs of acia requiring attention between the meetings of the board and shall have the power to conduct the current and ordinary business of acia while the board of directors is not in session.”

“American cochlear implant alliance foundation uses the services of smithbucklin to oversee and maintain the organization's financial affairs.these duties are performed under the direction of the executive director.”

“The organization has members.”

“Members of the board have the power to elect or appoint members of the governing body.”

“The 990 is reviewed by the executive director and treasurer prior to filing. The executive committee is sent the final 990 prior to filing.”

“The organization annually reviews their conflict of interest policy.”

“American cochlear implant alliance foundation makes its governing documents, conflict of interest policy and financial statements available upon request.”

“CASH TO ACCRUAL -8,500.”

“During 2016 the foundation changed from the cash basis of accounting to the accrual basis of accounting. With the accrual method, the foundation records revenue and related assets when earned, and expenses and related liabilities when the obligation is incurred. The beginning net asset balance in the financial statements has been restated to comply with the accrual method. This change decreased previously reported net assets at june 30, 2015 by $8,500 and is reported as a prior period adjustment.”