National Athletic Trainers' Association Research and Education Foundation Inc

“The executive committee shall be composed of the president and the five (5) vice presidents of the corporation. The executive committee shall have and may exercise when the board is not in session all of the authority and powers of the board in the affairs of the corporation, even though such authority and powers be herein provided or directed to be exercised by a designated officer of the corporation; provided that the foregoing shall not be construed as authorizing action by the executive committee with respect to any action which by statute, the articles of incorporation, or bylaws is forbidden to the executive committee. The secretary and assistant treasurer shall be a non-voting member of the executive committee.”

“The organization amended its bylaws in march 2023: - section 3.2 update provides clarifying language that eligibility requirements must be met at the time service would begin. - section 4.6 provides the same clarifying language as in section 3.2, plus describes the eligibility requirements for president and vice president. The main difference is the president position requires past foundation board member or major committee chair service. Prior foundation volunteer service is preferred for a vice president position but is not required.”

“Once the annual audit process is complete, the director of finance compiles and shares information with the cpa firm so that the tax return can be prepared. Once prepared, the director of finance reviews each section and compares financials to audited numbers before sharing the tax return with the foundation director. The foundation director reviews the information and provides feedback prior to forwarding the return to the full board of directors to review and approve the return prior to filing.”

“All members of the foundation board sign a new conflict of interest questionnaire on an annual basis, typically at the in-person convention meeting. The document requires that, should a conflict arise, the member agrees to report it promptly in order to remain in compliance with the signed document. Each foundation board members also signs an annual commitment to serve document.”

“Board of director members do not receive compensation. The foundation reviews the compensation levels for each employee, typically on an annual basis. Pay increases are based on job performance as well as indicators from the markets as to what the salaries are for employees with similar backgrounds, skill sets, experience, location, company size, education level, and size of company budget. Market research data from several difference resources including hr/compensation websites, a local hr association's database, and salary surveys containing results from other associations are used for comparison. Each employee's supervisor is given the opportunity to recommend a raise increase percentage (based on a pre-determined range) and based on the employee's performance. Recommendations are reviewed by nata hr personnel, foundation director and the executive committee. The process described here was last completed in 2023.”

“Governing documents, conflict of interest policy and financial statements are available upon request.”

“Change in cash value of life insurance 315.”