Air Force Sergeants Association Inc

“Air force sergeants association, inc classes of membership consists of the following: afsa active membership afsa associate membership, afsa honorary membership, and afsa family membership.”

“Only active members have full voting rights and are eligible to hold office within the organization. Family members also have full voting rights but are unable to hold some elected office.”

“Changes to the bylaws by the board require 2/3 approval by members as dictated in bylaw 17 section 1.”

“Air force sergeants association inc's director of accounting & finance and executive director review the form 990, and the executive director signs the form after he approves it. The audited financial statements are used as a basis for preparing the form 990 and they are approved by the governing body before they are finalized. A complete copy of this form 990 was shared with the entire governing body prior to filing.”

“The conflict of interest policy is reviewed with the officers and trustees during the annual board meeting. They are required to disclose any interest that could give rise to conflict at this meeting. When a conflict of interest arises, the action taken depends on the nature of what was disclosed. A member would not be allowed to participate in discussions related to the issue and prohibited from voting on the given transaction. All noted items are disclosed in the minutes of the meeting and the information is presented to the auditor.”

“The executive director negotiates compensation with officers and key employees. The organization relies on comparability data when setting the compensation of all individual employees. The international president negotiates compensation with the executive director. The contract is submitted to the board of directors for approval. The deliberation process occurred for the executive director was last done in 2020. The organization relies on comparability data when setting the compensation of all individual employees.”

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

“The organization is amending the 2024 form 990 to reflect the audited financial statements. The organization has made the following changes to its amended return: - part viii (statement of revenue), part ix (statement of functional expenses), and part x (balance sheet): the financial figures have been corrected.”