Test Monitoring Center

“American society for testing and materials (astm) is the sole member of tmc.”

“Astm is the sole member of tmc and appoints the board of directors of tmc.”

“All governance actions of the tmc board are subject to review and approval by the astm board of directors.”

“The board reviews the form 990 prior to filing with the internal revenue service.”

“The organization provides a copy of the conflict of interest policy to officers and directors. The board makes the determination of whether a director has a conflict of interest; the chair of the board makes the determination whether the vice chair has a conflict of interest. Should a conflict of interest arise, the individual is required to remove themselves from the deliberation and vote. In cases where the chair of the board has the conflict of interest, the vice chair will lead the discussion. Conflict of interest instances are recorded in the board minutes.”

“Tmc does not have any paid employees; all compensation to officers reported on part vii of the form 990 was paid by a related organization, astm. The process used to determine compenation for those individuals is as follows: officers' positions are benchmarked periodically by a major benefit consulting firm in the united states; 1/3 of all positions are benchmarked every year. The report from the benefit consulting firm includes the use of the latest available data (e.g., survey reports) as to comparable compensation for the size of the enterprise (i.e., other large nonprofit membership and trade associations) and roles and responsibilities of the positions under review. The report and written documentation of deliberations and decisions by both committees is recorded in the committee meeting minutes.”

“The organization makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.”

“Tmc does not have employees. Astm employs individuals that are assigned to perform the operations of tmc. For 2024, there were 19 individuals assigned to tmc. Compensation and benefits are charged to tmc by astm and are reported on part ix, statement of functional expenses, lines 5 and 7-10.”

“Test monitoring center is audited as part of the consolidated financial statements of its sole member, american society for testing and materials (astm). The audit committee of astm selects the independent accountant and assumes responsibility for oversight of the audit. The consolidated financial statements received an unqualified audit opinion for this fiscal year.”