Third Party Risk Association

“The organization has members as defined in its bylaws. These members have certain rights, including voting on key organizational matters such as electing board members and approving bylaw amendments. The organization does not issue stock and does not have stockholders.”

“The organization has members as defined in its governing documents. These members have the authority to elect or appoint one or more individuals to the governing body, in accordance with the organization's bylaws.”

“Annually as part of the close out of the financials, the 990 is prepared and traced back to the board reporting of financial position. The 990 form is reviewed with the ceo and board as part of the board meeting routines.”

“Tpra has a documented conflict of interest policy in its bylaws and all board members are required to sign it. Tpra board members regularly disclose potential conflicts of interest for review and if needed resign.”

“Ceo compensation was based on market analysis and reviewed and approved by the board. Marketing and membership employees were also based on market analysis for location and approved by the board. Intern positions were based on market analysis for the work location and part of the approved budget.”

“Tpra makes its information available upon request. Tpra's website has a contact us section to request information and links to posted policies.”

“Adjustment reflects donor-restricted contributions and internal fund reclassifications not included in operating revenue or expenses. These changes reconcile the net assets reported in the financial statements with those shown in part xi.”