Alpha Omicron Pi Fraternity Inc

“Finlogic, llc is retained as an outsourced cfo to assist with the recording and reporting of financial operations consistent with us gaap.”

“The organization has collegiate and alumnae members. The members of a collegiate chapter shall be the duly initiated and affiliated members of that chapter who are enrolled as students at the college or university where the chapter is located. A collegiate member shall become an alumna member upon terminating her registration in the college or university, upon receiving a college or university degree, or upon surrender of the charter of the chapter in which she is a member. Any alumna member in good standing shall be eligible for membership in alumnae chapters and any woman 21 years of age or older shall be eligible as an alumna initiate provided she is not eligible as a collegiate member and is not a member of another national panhellenic conference fraternity. In either case, alumnae members shall pay such local dues as required by each alumnae chapter's bylaws.”

“Members have the right to vote on law changes and elect board of directors.”

“Form 990 is prepared by an independent cpa firm and reviewed by the organization's top management. The reviewed form 990 is then forwarded to the board of directors for review prior to filing.”

“Employees sign a written conflict policy on date of employment and revisit the policy at each annual review. Board members sign a written conflict policy at first board meeting after election to board.”

“The organization's board of directors selects the executive director whose salary is determined by benchmarks set forth by the national panhellenic conference. The director's salary is approved by the board and documented in the board minutes. The executive director determined salaries for other employees. The amount of the salaries is then approved by the board of directors.”

“Governing documents are available to alpha omicron pi fraternity, inc. Members on a private website. The financial statements are also available to alpha omicron pi fraternity, inc. Members via email.”

“Gain/loss on investment in subsidiary 257,139. Gain(loss) on foreign currency -71,688.”

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