Virginia Pharmacists Association

“Members are primarily Pharmacists, Pharmacist Technicians, and Pharmacy Students.”

“Members annually elect the Board of Directors.”

“Members must approve amendments to bylaws.”

“Typically, committees do not act of behalf of governing body. Instead, they report their activities and deliberations to the Board of Directors, along with their recommendations regarding any pending action. For the most part, committees maintain minutes of their meetings.”

“Membership in the Association is required for all local association members. The Association's policy review committee is in the process of writing policies and procedures outlining the specific relationship and oversight that the Association has over the local chapters including; locals to utlize the Association's bylaws, but can also draft additional bylaws and policies that must be approved by the Association's Board of Directors.”

“The Association will provide a copy of the Form 990 to Board members prior to filing the return. In addition, the Form 990 will be reviewed with the rest of the Board by the Secretary/Treasurer of the Association (who also serves as Chair of the Finance Committee)for a complete review of the return prior to the date of filing.”

“Board members are required every year at our annual retreat to complete a conflict of interest form and report any potential conflicts of which they are aware. In addition, Board members are notified at the beginning of each Board meeting to declare any conflicts with issues being presented that day. The Association monitors current job positions of Board members for any potential conflicts.”

“Governing documents, antitrust and privacy policies are made publically available on the Association's website and are open to any visitor to the website. Financial statements and tax returns are available to the public upon request.FORM 990, PART VI, LINE 16B-EXPLANATION OF POLICY REGARDING PARTICIPATION IN JOINT VENTURE ARRANGEMENTS.The Association is the sole owner of a for-profit corporation, which is currently inactive. The Association, in accordance with best practices, will develop and approve written policies and procedures prior to reactivation to make sure that any activities with taxable entities are evaluated and monitored such that the activites would not endanger the Association's tax-exempt status.”

“ROUNDING = $2”