National Association of Educational

“The organizations have members. Nonvoting membership is comprised of associate membership, individual members and business affiliates.”

“Voting membership shall be limited to member institutions in accordance with the constitution of NAEP. Each voting member shall have one vote in the affairs of the Association, which shall be cast by the member's designated representative. The members shall take action by the affirmative vote of a majority of voting members present and entitled to vote, in person or by proxy, on the action except where a different vote is required by law, the certificate of incorporation or the bylaws. Directors and District Directors are elected by a plurality of the voting members present and entitled to vote, in person or by proxy, at a meeting at which a quorum is present unless the articles of incorporation have provided otherwise.”

“The governing body has annual meetings, special meetings and at times quorum. During these meetings, the voting members that are present are entitled to cast a vote.”

“The 990 is reviewed by the Director of Finance and CEO in detail. A reviewed draft 990 is made available to the Directors for review prior to filing.”

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

“The mission of the National Association of Educational Procurement (NAEP) is to advocate the development, exchange and practice of effective and ethical procurement principles and techniques within higher education and associated communities, through continuing education and networking. NAEP is a Central organization that has eleven Regional Associations (Subordinate Organizations). The activities of all of Regional Associations, along with all assets and liabilities, were transferred to the Central organization during 2024.”

“Net Assets transferred upon dissolution -1,277,212.”