Anxiety and Depression Association of America

“By a vote of the majority of all the voting directors in office, the board of directors may designate an executive committee consisting of the president, president-elect, secretary, treasurer, and one or more additional voting directors appointed by the vote of a majority of the voting directors in office. Except as otherwise required by law or these bylaws, the executive committee shall have the power to authorize the seal of the association to be affixed to all papers which may require it and shall exercise the authority of the board of directors in the management and supervision of the association; provided, however, that the executive committee shall not have the authority of the board of directors in reference to amending, altering or repealing the bylaws; adopting a plan of merger or adopting a plan of consolidation with another corporation; authorizing the sale, lease, exchange or mortgage of all or substantially all of the property and assets of the association; or amending, altering or repealing any resolution of the board of directors which by its terms provides that it shall not be amended, altered or repealed by such committee.”

“The form 990 was prepared by outside accountants and a draft 990 was reviewed by the treasurer, president and executive director before filing with the irs. A copy of the 990 was also provided to each board member prior to filing with the irs.”

“The chair of each committee or board possesses copies of participating members conflict of interest statements. The chair is responsible for ensuring that during any meeting, discussion or votes have been preceded with recusals of members with potential conflicts.”

“The executive director is a full time paid position with responsibility for the day to day operations of adaa. The executive director reports to the board. The salary for this position is reviewed and approved annually by the board. The current salary is based on comparing national and geographical area salary surveys produced by asae and association of fundraising professionals for nonprofits with similar revenue, focusing on health. This process was documented. The most recent compensation review was performed june 2017.”

“The governing documents, conflict of interest policy and financial statements are available at adaa's offices monday-friday during regular business hours in silver spring, md.”