Appalachian Trail Conservancy

“The atc bylaws were amended during 2023. The chair of the stewardship council is no longer selected from the members of the board but rather, the board appoints a member to the stewardship council as a representative of the board. The revised bylaws also included changes to the board nomination process as follows: additional individual nominations may be made, up to ninety (90) days prior to the anniversary date of the prior year's regular meeting, by a written petition including (a) written signatures of at least one thousand five hundred (1,500) voting members of the conservancy, (b) the name and address of each such voting member intending to support the nomination, (c) the name and address of the person proposed to be nominated, and (d) a letter of intent from each nominee describing the nominee's commitment to the mission of the atc, the ways by which the nominee can advance the mission of the atc, relevant experience and qualifications, and a resume or curriculum vitae. Any such individual nominee must provide within five (5) business days of the atc's request an executed agreement to be bound by the atc's standard forms of agreements for directors, including (i) conflict of interest policy, (ii) board member role description, and (iii) all other atc policies and guidelines applicable to directors. Lastly, article 14. Indemnification and insurance was added to the bylaws.”

“The organization has over 30,300 subscribed members.”

“Approximately one third of the board of directors positions come open each year. At the annual membership meeting, members vote on the open positions and elect these board directors to three-year terms.”

“The form 990 was reviewed by the audit committee in detail before it was sent to all board members for their review before it was filed.”

“The audit committee is responsible for monitoring and enforcing compliance of the conflict of interest policy.”

“The compensation of the president & ceo is determined and approved by the board.”

“Governing documents, conflict of interest policy and financial statements are available upon request.”

“Contract services: program service expenses 1,830,718. Management and general expenses 505,687. Fundraising expenses 459,234. Total expenses 2,795,639.”

“Annuity actuarial adjustment 945.”

“The audit oversight process and selection of an independent accountant has not changed from the prior year.”