American Speech-Language-Hearing Association

“Form 990, Part I, Line 1 & Form 990, Part III, Line 1 ASHA: EMPOWERING AND SUPPORTING SPEECH-LANGUAGE PATHOLOGISTS, AUDIOLOGISTS, AND SPEECH, LANGUAGE, AND HEARING SCIENTISTS BY: ADVOCATING ON BEHALF OF PERSONS WITH COMMUNICATION AND RELATED DISORDERS, ADVANCING COMMUNICATION SCIENCE, AND PROMOTING EFFECTIVE HUMAN COMMUNICATION. MEMBERS OR STOCKHOLDERS Form 990, Part VI, Line 6 ASHA is a professional membership association with 185,000 members and affiliates who are audiologists, speech-language pathologists, and speech, language, and hearing scientists. Asha's membership consists of the following: Certified audiologists, Certified speech-language pathologists, Dually certified Speech language hearing scientists, and Individuals with certification in process.”

“Form 990, Part VI, Line 7a ASHA members elect its board of directors by voting as follows: 1) Asha members who are certified audiologists vote for Board of Directors (BOD) candidates for audiology-designated BOD offices. 2) Asha members who are certified speech-language pathologists vote for BOD candidates for the speech-language-pathology-designated BOD offices. 3)Asha's entire membership votes for non-professional specific BOD officers. In order to vote for a vacant seat on the Advisory Councils, an individual must be a member of the profession for which they are voting and a member of the state or territory.”

“Form 990, Part VI, Line 11b ASHA's Form 990 is prepared and reviewed, in detail, by its outside accountants, Grant Thornton. A final draft of Form 990 will be reviewed, in detail, by ASHA's finance staff, director of finance, chief staff officer for operations, and chief executive officer before presenting the 990 to the Board of Directors prior to filing.”

“Form 990, Part VI, Section B, Line 12C The conflict of interest policy is reviewed annually for members of the Board of Directors and on an on-going basis for all employees. Each Director and Employee is expected to avoid any action or involvement that would compromise the Association. This includes the following: 1)Having a financial interest, or a family member with a financial interest, in an outside concern from which ASHA purchases goods or services. 2)Conducting business on behalf of ASHA with a member of the director's or employee's family or a business organization in which the director or employee or a member of his or her family has a significant interest. In the event a volunteer leader wishes to partake in an activity or association that would create or appear to create a conflict of interest, the volunteer leader must disclose the proposed outside activity or association to the chair of the board or committee. The chair shall decide whether the outside activity or association can be accommodated in such a way that the conflict of interest is avoided without resulting in significant hardship to ASHA. This may include requiring the volunteer leader to recuse himself or herself from making business or policy decisions on behalf of ASHA that are related to or in conflict with the outside activity or association and from recommending or providing input for such decisions. If the chair decides that ASHA is able to make an accommodation that would eliminate a conflict of interest without imposing significant hardship on the organization, and if the volunteer leader is agreeable to it, the volunteer leader may engage in the outside activity or association. In the event that the ASHA president believes he or she has a potential conflict, he or she should disclose the outside activity or association to the immediate past president.”

“Form 990, Part VI, Line 15a Annually ASHA contracts with Quatt Associates, outside consultants, to provide an independent and market driven compensation package for the executive director and all staff positions. The following elements are included in the process for determining compensation for these positions: 1)Quatt Associates reviews all of the positions, including the Executive Director's position. The BOD approves and works directly with the consultant regarding the Executive Director's position. 2)Quatt Associates provides market data for the determination of compensation for the Executive Director and all other positions. 3)The President documents the discussion regarding compensation for the Chief Executive Officer's position and forwards instructions to the Chief Staff officer. 4)All other staff position salary ranges are established (based on Quatt's review), subject to the approval of Chief Executive Officer. The organization does not have a review process for compensation for the Board of Directors since the board members do not get compensation from the organization.”

“Form 990, part vi, line 19 asha posts its bylaws and audited financial statements on the organization's website. The articles of incorporation and conflict of interest policy are available upon request.”

“Form 990, Part XI, Line 9 Pension Related Gain $2,828,408 Gain on Postretirement Insurance Payable 2,434,243 Gain on Interest Rate Swap 113,825 ---------- Total $5,376,476”