Georgia State University Athletic Association Inc.

“The board of directors is composed of business, government, and community leaders, in the local area. Due to the extensive involvement of these community leaders in business and other community affairs, the members of the board of directors may have normal business relationships that might be expected of leaders with each other or with the organization in a local community. However, these business relationships will not impact the mission or the operation of the board of directors as required by the conflict of interest policy.”

“In addition to the association's board members, the director of athletics, as an officer of the association, also participates in electing new board members.”

“The audited financial statements are reviewed by the board of directors. The audit committee reviews the form 990 in detail each year, then presents the form 990 to the board, including giving the members present a copy at the closest meeting prior to filing.”

“The conflict of interest policy is regularly monitored to ensure compliance. Individuals are asked to dislcose any relationships with individuals doing business with the organization that could result in a conflict of interest. The organization must file a diclosure report with the georgia secretary of state if an individual is a full-time or part-time employee of georgia state univeristy, transacted business with the state of georgia or any of its agencies and transacted business on behalf of themselves or for a business in which the indvidual or family-member has a significant interest. All business transactions should remain at an arm's-length. Contracts are signed by the coaches, and the entire department must annually fill out a form which projects and discloses any outside interest.”

“The gsu athletic association works with the university's hr department and uses the hr department's resources to determines fair compensation for gsu employees that provide services to the gsu athletic association.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“The association has "members" to the extent that they are called members for alumni recognition purposes only. The membership does not have the right to elect board members or influence decision making by the trustees.”

“The process the organization uses to oversee the audit and select an independent accountant has not changed from the prior year.”