National Accrediting Commission of Career Arts & Sciences Inc.

“Members consist of schools that are accredited by naccas.”

“The 13-member commission is elected by schools that are accredited by naccas. An election is held in november of each year. Seven commissioners represent schools in fields of training within naccas' scope. (six are elected to represent geographic zones as determined by the commission and one is elected in an at-large manner.) two commissioners represent professional service operations in fields within naccas' scope. Two commissioners are professionals in the academic field. Two commissioners represent the public interest. Each commissioner shall be elected for a three-year term and may not serve more than two consecutive elected terms.”

“Executive director, director of finance, treasurer and finance committee of the commission review and approve the 990 tax return before it is filed. A copy is also provided to all members of the governing body.”

“Before each monthly commission meeting, the commissioners present are required to confirm their compliance with the naccas code of ethics, which mandates that commissioners do not participate in discussions or voting on school actions where they may have conflict of interest (through ownership, employment or business relationships such as consulting). The code of ethics is stated in the employee handbook. All employees must affirm annually that they have read and understand the handbook.”

“The executive director is the only employee with an employment contract, which is negotiated with members of the executive committee of the commission. Other employees receive annual performance reviews and may be eligible for merit-based increases in compensation. Salaries and benefits are reviewed and appoved by the commission annually during the budget process, to ensure that total compensation is competitive with similar positions in the washington dc metropolitan area.”

“The commission's 990 is available for public inspection upon request.”

“The commission makes its governing documents available to the public on its website www.naccas.org. The commission's conflict of interest policy, 990 tax return and audited financial statements are available upon request.”

“The board appoints an independent accountant to audit the financial records of the exempt organization. The finance committe is responsible for oversight of the audit.”

“Exempt organization did not have any unrelated business activity in the current year. Form 990-t has been prepared to report a nol in the amount of $436,514 that has been carried forward from prior years.”