Aerospace Industries Association

“There shall be an executive committee composed of the chairman, vice chairman, the associate member representative to the board, all governors representing maximum dues paying regular members, the governors representing six (6) additional regular members, and the president and ceo. The executive committee shall have, and may exercise, the powers of the board of governors when the board is not in session, except the power to appoint officers.”

“Aia is a trade association represented by companies who have an interest in the aerospace industry. There are two categories of membership--regular and associate. Regular membership is available to firms engaged in the production of aerospace systems in the u.s., provided the firm is not owned or substantially controlled, directly or indirectly by a foreign government. Associate membership is available to companies that supply regular member firms engaged in the production of aerospace systems. Associate members have the right to participate in the activities of the supplier management council only, except for an associate member elected to the board of governors and supplier management council liaisons to regular member councils and committees.”

“Members of the association vote annually on the representatives of the governing body (board of directors and executive committee and officers of the corporation).”

“The 990 is completed by the organization's outside accounting firm. The forms are then forwarded to the cfo/secretary/treasurer for final review and signature.”

“New employees are required to sign receipt that they have received a conflict of interest policy document. All employees are required to sign off annually on the conflict of interest policy document. All board members are required to sign off annually on a conflict of interest.”

“In hiring the ceo, the search committee looked at comparative data including benefits, compensation, bonuses, and other market data prior to making an offer of employment. In addition, the search committee used an outside consulting company to assist in the hiring process and that company also provided expertise in the hiring process. Contemporaneous substantiation of the deliberation and decision are documented by aia general counsel.”

“The organization's governing documents and conflict of interest policy are made available to the public upon request.”

“CONTRACTORS 1,885,618.”

“Pension adjustment -1,162,662.”

“The process remains unchanged from the prior year.”