The Association for Manufacturing

“Members or stockholders amt has 3 categories of members: regular members, affiliate members, and start-up members. Amt's regular members have voting rights. Members: companies which have, for one year or more within the united states, manufactured, sold, and warranted the overall operational performance of non-portable, power-driven manufacturing machinery, systems, correlated equipment products, or software used in the processing steps for performing operations on man-made materials to produce discrete durable technology the association for manufacturing goods. Start-up members: firms that, for less than one year immediately preceding the date of membership application, produce and sell or lease machine tools or related equipment, products or software in the united states. Start-up members do not have voting privileges. Affiliate members: organizations which have one or more programs structured to aid the advancement of the manufacturing technology industry, usually colleges, universities and other research facilities; they do not pay any dues, nor do they have voting privileges.”

“Members or stockholders who may elect at least 90 days before the annual meeting, the chairman shall appoint a nominating committee comprised of the three most recent past chairmen of the association that remain actively employed by or have retired from a member. The nominating committee shall propose nominees for any vacancies in the board of directors to be filled at such meeting. Nominations may also be made by any member by submitting a written statement to the nominating committee at the association's principal office not later than 60 days prior to the date of the annual meeting. The nominating committee shall submit their nominations to the executive committee for review prior to the annual meeting and in time to permit notice of the nominating committee's nominations to be mailed to the members at least ten days prior to the annual meeting. The nominations shall thereafter be submitted for membership approval at the annual meeting by an affirmative majority vote of the members present.”

“Governance decisions members of amt have the power to approve bylaws changes.”

“Form 990 review process the form 990 is prepared by amt's independent accounting firm. Prior to filing, the organization conducts an internal review of the form 990 which is performed by the organization's management in conjunction with its accounting/finance staff.”

“Process for determining compensation the president's salary is controlled by independent persons serving on the compensation committee which is a sub-set of the amt board of directors. All other salaries are controlled by the president. The salaries are determined by referring to market salary benchmarks. The president's annual salary review is signed by the current chairman of the board of directors, all other annual salary reviews are approved/signed by the president of the association. Annually, all salaries including the officers are benchmarked using a variety of salary surveys. The benchmarks are shared with the president (and, in the case of the president, are shared with the compensation committee). The compensation committee reviews the benchmark compensation reports, deliberates and approves, then documents their approval when setting the president's total compensation.”

“How documents are made available to the public amt makes its governing documents, conflict of interest policy, and financial statements available to the public upon request to the extent required by law.”

“Changes in investment in subsidiaries -403,811.”