A-Optic Inc.

“The by-laws were changed to update the mission and goals to better reflect the organization's geographical diversity, to update the categories of membership, and to include a district academic officer and associate director to the district corporate officers.”

“Membership in the a-optic shall be determined and approved by the a-optic board of directors. Membership shall include four (4) categories: associate, academic, curriculum/research, and specialty college. Academic and associate members shall be organized into districts. All member institutions must recognize and accept specialty certification through the certifying boards of the aoa and american board of medical specialties (abms) on an equal basis. All associate member institutions shall be actively involved in the training of osteopathic medicine students. All members shall be bound by the bylaws of a-optic as constituted at the time of acceptance and as the board of directors may amend them during the term of membership and for any renewal thereof. The board of directors of a-optic will determine the financial responsibility of each member.”

“Management reviews the completed form 990 in detail and sends the form to the board of directors electronically for individual member review. The form will be discussed at the next scheduled meeting, or a conference call meeting will be scheduled if there is no board meeting prior to the submission deadline.”

“Prior to consummating a transaction or acting upon a matter involving the possible existence of a duality or conflict of interest, the individual involved shall make a full disclosure of all relevant facts. In the case of the executive director, such disclosure shall be made to the board of directors. Disclosure shall be made to the human resource department of the university of pikeville by other employees with executive or administrative responsibilities. In addition, such individuals, whether as an owner, director, officer, partner, management employee, consultant or other significant relationship involving ownership of governance, with any other for-profit or non-profit entity, (i) from which the organization obtains or may be expected to obtain goods or services; (ii) to which the organization provides or may be expected to provide goods or services; or (iii) which competes or may be expected to compete in any respect with the organization. Any such existing or potential relationship with a subsidiary, joint venture or the like should be disclosed as well. The term "goods or services" includes commercial, industrial, banking and professional services or goods.”

“All compensation is paid by the university of pikeville, which is based upon mean of comparable positions nationally or regionally, as appropriate. The goal is to pay at or below the mean as it takes into account compensation levels of the officers of the institution.”

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

“Contract labor: program service expenses 227,573. Management and general expenses 78,376. Fundraising expenses 0. Total expenses 305,949.”

“The organization has a committee of the board of directors that assumes responsibility for the audit of the financial statements and the selection of the independent accountant. This process has not changed from the prior year.”