American Academy of Nursing Inc.

“The american academy of nursing has two classes of members: 1) sole corporate member; and 2) a fellow. The "fellow" class has subcategories as follows: a) charter fellows, b) fellows, c) emeritus fellows, d) living legends, e) inactive fellows, and f) honorary fellows.”

“Fellows elect officers, directors, and members of standing committees. Elections are held at the annual meeting of the academy, by mail or electronic ballet.”

“The sole corporate member retains the exclusive power to amend the articles of incorporation, after consultation with the academy's board of directors. Consent of the sole corporate member is required to repeal the bylaws, or to amend or alter the following provisions of the bylaws: article ii in its entirety; article iii, section 1.2; article vi in its entirety; article vii in its entirety; and article ix in its entirety.”

“The academy provides a complete copy of the form 990 and 990-t to all members of its governing body before filing the returns.”

“The american academy of nursing has a conflict of interest policy covering any director, officer, employee, or member of a committee with governing board delegated powers, who has a direct or indirect finacial interest. All individuals are required to annually sign a statement which acknowledges the conflict of interest policy. Covered individuals are required to disclose the existence of a financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transactions or arrangement. The determination of whether a conflict exists is made by the governing board or committee. When an individual has been identified with a conflict, the person may make a presentation concerning the issue, but must leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.”

“The board of directors reviews compensation of other not-for-profit organizations' executives before approving the chief executive officer (ceo)'s compensation. The most recent year in which the ceo compensation was reviewed was in 2018. Chief operating officer (coo) is a relatively new position. The board determined coo's original salary based on use of data on comparable positions. The board sets percentage of raises for all staff and includes the coo.”

“The documents are made available upon request.”

“Thh academy has not changed its audit oversight and auditor selection process from the previous year.”