The Institute of Navigation

“The council delegates authority to act on its behalf to the executive committee when council is not in session. Members of the executive committee are also elected members of council and include the president, executive vp, treasurer, regional vp's, division chairs, and the immediate past president.”

“Ion is a membership organization. Members can hold office and elect all officers.”

“Members have the right to nominate other members to run for office. The majority of officers are elected by the members at large. A few positions on council are appointed by the president and confirmed by the council.”

“The form 990 is prepared by an accounting firm, and a draft of the form is reviewed by management. The draft form 990 is then distributed by e-mail to ion's executive committee for their review prior to filing with the internal service revenue.”

“In connection with any actual or possible conflicts of interest, an officer, director or employee must disclose the existence of his or her financial interests in the organization, including business and family relationships in the organization. Each officer, director, or employee is required to complete a conflict-of-interest disclosure questionnaire on an annual basis. Any possible disclosed financial interest, or business and family relationships, is reviewed by the ion executive director to determine if a conflict of interest exists. (note that a financial interest or business and family relationship does not necessarily constitute a conflict of interest.) if the person disclosing the financial interest or existing business and family relationships is a current member of the executive committee, said member shall leave the meeting room during the discussion of, and the vote on, whether or not a conflict of interest exists. If the executive committee determines a conflict of interest exists, the executive committee shall take appropriate corrective or disciplinary actions. Potential conflicts of interest are disclosed on the form 990.”

“Compensation of the executive director is reviewed annually by the president and executive vice president. Comparability data and locality pay comparisons are used. Reviews are documented. The executive director's salary and benefits were reviewed in full in 2025, in conference with the executive vp. All staff salaries are reviewed each year during the budget review by the entire executive committee. Final determination is made by the executive director during annual performance evaluations within approved budgets using locality pay comparisons and comparability data for similar jobs. The process for determining staff salaries has not changed, but this process was reviewed in detail in january 2021 using comparable salaries for the area.”

“Governing documents and policies are posted on ion's web site. Financial statements are provided upon request.”

“The process has not changed from the prior year.”