Society for Maternal-Fetal Medicine

“Smfm leases employees from a professional employment organization, trinet. The employees are considered common law employees of smfm, however, trinet is the employer of record and employees get their w2s from trinet.”

“The organization shall have the following classes of membership: regular, associate, associate fellow, honorary, affiliate, emeritus, international, resident, coding, and medical student. Any qualified individual may apply for membership. Applicants require a nomination for membership by a regular member of the organization. In addition, there should be a supporting letter from another regular member of the organization. All nominations for membership shall be presented by the credentials, constitution, and bylaws committee chair to the board of directors for approval or rejection at the regular board of directors meeting. All nominees approved by the board of directors will be presented to the membership for approval at the regular business meeting. An affirmative vote of two-thirds of the attending regular members shall constitute approval for membership.”

“The board of directors shall be elected from the regular membership of the organization. Each regular member shall be eligible for election to the board of directors.”

“Each regular member of the organization who is in attendance at any annual or special meeting of the organization shall be entitled to one (1) vote on each matter of business or election coming before that meeting. Each director who is in attendance at any annual or special meeting of the board of directors shall be entitled to one (1) vote on each matter of business or election coming before that meeting.”

“The chief executive officer and director of finance reviews the form 990 in consultation with the outside cpa firm. The form 990 is presented to the board after filing.”

“Each member of the board of directors will sign, annually, a statement delineating potential financial conflicts of interest to the functions of the society for maternal-fetal medicine. Any such disclosure shall be documented. A board member with a direct financial interest will fefrain from voting upon matters in which he/she has such interest. Upon becoming aware of a potential conflict of interest, the board member shall disclose the existence of the potential conflict. The board member will withdraw from further discussions regarding the issue, and will refrain from voting on the matter. Any such disclosure/withdrawal shall be documented in the minutes of the meeting.”

“The chief executive officer will receive compensation for his/her activities on behalf of the society for maternal-fetal medicine. The salary will be determined and approved by the board of directors and will be commensurate with the services performed on behalf of the society.”

“The organization makes its governing documents and conflict of interest policy available to the public if and to the extent required to do so because of their having been attached to a government filing requiring such disclosure. An annually updated written account of the foundation's purposes, structure, programs and financial condition shall be published and made publicly available.”

“The organization's board of directors assumes the oversight of the audit and selection of an independent accountant. The selection and review process has not changed from the previous year.”