Medical Alumni Association of the University of Maryland Inc

“All graduates of the university of maryland school of medicine, physician members of the faculty of the school of medicine, physicians who have received training at the university and affiliated hospitals may be members.”

“The organization's members elect the governing body on an annual basis.”

“There are no committees with authority to act on behalf of the governing body.”

“The form 990 is prepared by an independent accounting firm. A copy is provided to the board before it is filed with the internal revenue service. The board reviews the tax return for accuracy and completeness.”

“The organization's conflict of interest policy applies to all directors and officers of the board of directors of the medical alumni association of the university of maryland, inc. The board requires each director and officer upon appointment or election and annually thereafter: (1) to review this policy; (2) to disclose in the manner provided in the policy any business relationships, substantial benefits, or other circumstance that could reasonably be expected to give rise to a conflict of interest involving the association; and (3) to acknowledge by his or her signature that he or she is and will remain in compliance with the letter and spirit of this policy. In addition, if a matter arises during the course of the year that would have been required to be disclosed, the director or officer will be required to promptly disclose such matter. A director or officer who has an actual or potential conflict of interest, whether or not specifically disclosed, shall not vote or otherwise take any action on any matter with respect to which such person may be conflicted. A director or officer may participate in discussion of such matter in meetings of the board or its committees provided he or she discloses such conflict and abstains from voting thereon.”

“The organization uses comparability data in determining compensation of its executive director. The process includes deliberation and decision by the board, which is documented in the organization's minutes. The organization does not compensate any other person meeting the irs definition of officer or key employee. The process described here was last completed in 2022.”

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