American Horticultural Society

“The draft of the federal form 990 is first reviewed by the organization's financial staff and president & ceo, then the finance/audit committee reviews and approves it, and the approved draft is subsequently distributed to the full board of directors for review prior to filing with the internal revenue service.”

“The society complies with the internal revenue service's suggested best practices regarding conflict of interest policies applicable to nonprofit and charitable organizations. Under the society's conflict of interest policy, officers, board of directors and key employees are required to complete the annual conflict of interest disclosure statement. The signed disclosure statements are reviewed and held in the corporate records. The policy applies to all officers, directors and key employees. It defines areas of potential conflict, the processes for independent review and resolution of potential conflicts, and the actions required in the event of non-compliance. In cases where the board of directors, a committee thereof, the executive director or a supervisor has reasonable cause to believe an individual has failed to comply with the policy, the individual is provided an opportunity to explain the alleged violation. Violators are subject to disciplinary and corrective action.any conflict of interest on the part of any member of the board of directors shall be disclosed by the board member to the board of directors at least annually and made a matter of record. When any such interest becomes relevant to any subject requiring action of the board of directors,the director having a conflict shall call it to the attention of the executive director and the chairman and, if the matter is being considered by a committee of the board of directors, to the attention also of the chair of such committee.”

“The compensation for the society's executive director/president & ceo is established by the executive committee. The members of the executive committee are independent and use information from comparable forms 990. The secretary maintains records of the meetings of the executive committee.”

“The governing documents, conflict of interest policy, federal form 990, form 1023, and financial statements are available from the director of accounting upon request. The annual form 990 and audited financial statements are made available on the organization's web site.”

“Other fees: program service expenses 233,626. Management and general expenses 75,690. Fundraising expenses 37,506. Total expenses 346,822.”

“No changes from prior year.”