Greater Albuquerque Medical Association

“All members may interact with each other at some time during the year in the normal course of business.”

“The 990 is reviewed by the executive director prior to filing. The 990 is available to any director or officer upon request as is the preparer to review the document with each upon request.”

“A written policy has not been formulated but the issue is included in conversations at board meetings. Since the board and the city in which it operates are relatively small most conflicts are easily apparent.”

“The board reviewed comparable salary information in the state when it determined the starting salary for the executive director. The board reviews the executive directors performance at least annualy and determines salary adjustments if any.”

“No other officers are compensated. There are no other key employees.”

“Copies of the 990 tax return are kept available in the organizations office. Upon request copies will be provided for a nominal copying fee wtihin 48 hours of the request.”

“Unrealized gains are recorded on organizations books and records.”

“Schedule r: the organization owns a subsidiary c corporation which provides telephone answering services for medical offices as well as other businesses. The organization has the same board of directors and officers as the exempt organization”

“Schedule r: the organization supports, at no cost, the greater albuquerque medical associaion foundation. Management services were provided to assist the start up of the organization. The foundation shares the same board and officers as the association.”

“The organization is comprised of dues paying members”

“The members elect the board members and officers.”