General Aviation Manufacturers Association Inc

“The association's voting membership consists of 82 companies in the general aviation industry. Each member company designates one individual to serve on the board of directors. Every board member is elected by the full board of directors. Members of the board of directors serve without compensation. The association also has a membership class called associate membership epic. Each associate epic class member company is not eligible to appoint a member to the board of directors. However, as a group, the associate epic class member companies can appoint one representative to the board of directors. The board of directors is the governing body of the association. All directors are voting members of the board of directors.”

“All member companies, other than associate epic class member companies, have a seat on the board of directors. Each of these member companies appoint an executive to represent the company on the board of directors. Any change in the member's representative requires unanimous approval of the board of directors. All companies seeking to join the association require unanimous approval of the board of directors before they become a member. Unanimous approval is also required of the executive to represent the new member.”

“The members of the association's board of directors are higher echelon officers of member companies. The board members do not have the time and/or expertise to review the form 990. The board of directors have authorized the association to provide a copy of the form 990 to the members of the finance committee before filing the tax return. A complete copy of the form 990 was e-mailed to all members of the finance committee before filing. This return was reviewed by the former director of accounting and the corporate secretary, as well as by the association's president & ceo.”

“All board members, officers, and key employees are required to submit annually signed conflict of interest disclosure statements to the association's director of administration.”

“Compensation for the association's president & ceo is reviewed and approved annually by the chairman and vice chairman of the board of directors.”

“AVAILABLE UPON REQUEST”

“AVAILABLE UPON REQUEST”

“General aviation manufacturers association, inc. (the association) is a nonprofit association organized under the laws of the district of columbia on january 1, 1970. The purpose of the association is to promote the interests of general aviation both nationally and internationally by (1) improving the safety of traveling via general aviation airplanes; (2) promoting the use of general aviation products; (3) ensuring that the public's understanding of general aviation safety is complete and accurate; and (4) ensuring public understanding that without general aviation, a country's air transportation system cannot meet the full range of its citizen's air transportation needs, especially in rural, lesser developed and underdeveloped areas.”

“Form 990 is prepared using the modified cash basis of accounting. The balance sheet includes only assets and liabilities arising from cash transactions and do not reflect accruals for income earned or liabilities incurred, except that property and equipment with estimated useful lives of more than one year are capitalized and their cost is depreciated or amortized over their useful lives. Liabilities are recorded for payroll withholdings.”

“PROCESS HAS NOT CHANGED”