Ilsi North America

“Membership includes individuals from the public and private sectors. "public sector" members are individuals employed by or affiliated with a university, government agency, public research institute, or nonprofit foundation, and who participate in iafns scientific or governance activities. "private sector" members are individuals who are employed by supporting companies and either participate in iafns or governance activities, or have been designated as a representative of a supporting company.”

“Pursuant to article iv, section 3 of the bylaws, iafns' members elect members of the board of trustees”

“The director of finance and administration, general counsel, and executive director review the return. Once it is in its final form, a copy is sent electronically to the board of trustees for review.”

“The board of trustees complete conflict of interest forms on an annual basis. Completed conflict of interest forms are reviewed by in-house counsel, whose observations are shared with the responsible co-chair and the executive committee. In the event that a conflict should arise on the part of a trustee, the disinterested members of the executive committee will communicate with the interested trustee to determine the nature of the conflict and whether the trustee should abstain from deciding on matters affected by the interest. The executive committee has the authority to remove the trustee with the interest from consideration of the matter to which the interest pertains.”

“The iafns bylaws establish a formal process for setting executive compensation in accordance with the internal revenue service safe harbor regulation regarding excess benefits. Under this procedure, at least three independent members of the finance committee annually review the compensation of the compensated officers (including the executive director). The review includes consideration of comparability data. The compensation reviewers establish a range of compensation that the committee deems reasonable. That range is provided to responsible co-chair, who sets the executive director's compensation at a figure that is within the range determined by the compensation reviewers to be reasonable. The compensation reviewers record their decision in contemporaneous written minutes in accordance with the irs safe harbor regulation with regard to excess benefits. There are no compensated officers other than the executive director. The compensation of other iafns employees is not determined in accordance with the procedure described above. Instead, those employees' compensation is set by the executive director in accordance with high-to-low ranges established by the director of human resources in cooperation with the executive director. The compensation review for the compensated officers (currently only the executive director) does include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. Compensation of employees that is not subject to such a review is established by the executive director, who is independent of the employees, and it is normally based on an informal review of comparable compensation in non-profit corporations of the same size in the washington, dc area. The process by which compensation is set is documented in writing, but this is not done in the same formal manner as review by the compensation committee.”

“Articles of incorporation, bylaws, conflict of interest policy, and an annual report containing a financial report are posted on website. Audited financial statements will be made available upon request.”