American Public Power Association

“The membership of the association shall consist of three classes of members: (1) voting members called regular members; (2) non-voting members called associate members; and (3) honorary life members.”

“The board of directors shall be elected at the annual meeting by the regular members of the association.”

“Decisions of the governing body subject to approval by members the regular members have the right to approve and ratify decisions of the governing body. The regular members approve policy positions of the association on major issues affecting public power systems and approve or disapprove changes in dues and special assessments and amendments to the association's bylaws. All actions of the membership of the association shall be approved by a majority vote with each regular member casting one vote, unless a regular member requests at the time a vote is taken or immediately thereafter that a weighted vote be taken on a particular matter, in which case a majority of the weighted votes cast shall be required for action. Regular members shall be assigned votes proportionate to the dues payable by such member for the current calendar year. The secretary shall assign each regular member one vote for each fifteen thousand dollars ($15,000), or fraction thereof, of dues payable by it, with each regular member being assigned at least one vote.”

“A complete draft of form 990 will be distributed via email to the finance and audit review committee before it is filed with the irs.”

“Monitoring the conflict of interest policy appa has a code of conduct and a conflict of interest policy. These policies apply to appa's directors, officers and staff to avoid any interest that conflicts or appears to conflict with the interests of the association or that could reasonably be determined to harm the association's reputation. A conflict of interest exists if actions by a director, officer, or staff member of the association are, or could reasonably appear to be, influenced directly or indirectly by personal interests, affiliations or actual or potential benefit or gain to the individual or his or her immediate family. Any individual who may be involved in an issue or transaction in which he or she has an actual or apparent conflict of interest shall not participate in or be present at that portion of the meeting of the board or any committee of the board at which the issue or transaction is considered. The interested individual may, however, answer questions regarding the issue or transaction. The minutes of the meeting shall reflect that a disclosure was made and that the interested director, officer, or other individual left the room and did not participate in the discussion and did not vote on the issue or transaction. Any director, officer or staff member who has a question as to whether a particular set of facts or situation gives rise to a potential conflict of interest must seek clarification from the association's general counsel. In addition, board members and staff must fill out annual disclosure statements, which are reviewed by the general counsel. Directors, officers, and staff have an ongoing obligation to disclose potential or actual conflicts of interest if they arise.”

“Process for determining compensation the organization uses an independent compensation consultant to conduct a compensation analysis which is presented to, deliberated and approved by the executive committee of the board of directors. Compensation for all staff positions is typically reviewed every three years. The ceo's salary is re-evaluated annually.”

“The organization makes its governing documents, financial statements, and conflict of interest policy available to the public to the extent required by law for the same period of disclosure as set forth in section 6104(d).”

“Net periodic benefit (cost) other than service cost -36,494.”

“The financial statements were audited by an independent accountant. The organization does have an independent finance & audit review committee that assumes responsibility for the oversight of the audit of its financial statements and the selection of the independent accountant.”