Ata Litigation Center

“Peter sumerford and harold sumerford, jr. Have a family relationship.”

“The organization's governing body approved a services and supply agreement whereby american trucking associations, inc. (ata) provides executive, administrative, and professional services to the organization. The organization's governing body has also delegated other financial and investment responsibilities to ata and its chief financial officer to be carried out consistent with ata guidelines. As a result, draft versions of the 990 tax returns are compiled by an independent accounting firm and reviewed by the ata chief financial officer and the appropriate ata executive. Final copies of the 990 tax returns are provided to the ata management committee.”

“The ata litigation center regularly and consistently monitors and enforces compliance with the conflict of interest policy of its affiliate, the american trucking associations, inc. (ata). All contracts go through an extensive review process. If an employee is made aware of a conflict they are instructed to disclose the situation through the proper chain so that the appropriate action may take place.”

“The ata litigation center employees are paid by an affiliated but unrelated organization, the american trucking associations, inc. (ata). Ata uses an outside compensation consultant to conduct an annual review of the president & ceo's compensation. The process includes a review of the current cash compensation (base salary plus incentive bonus and benefits). Secondly, the consultant conducts a market analysis comparing the ceo's compensation with the compensation of ceo's of comparable trade associations. The ata compensation committee is a subcommittee of the ata executive committee, a subcommittee of the ata board of directors. The compensation committee considers the results of these analyses when determining compensation levels of the ceo. The senior staff's compensation is compared to compensation of comparable positions in a comparator group of trade associations and reviewed by the president and ceo.”

“The ata litigation center makes governing documents, financial statements and the conflict of interest policy available to the public upon request.”

“Adjustment for payable to affiliate 7,425,742.”

“The organization has not changed its audit oversight process or selection process of an independent accountant during the tax year.”