National Association of Hispanic

“The organization outsources management and operational functions to amr management services, a full service association management company accredited by the amc institute.”

“The following amendment was added: 17.1. Membership dues any proposal for the establishment, amendment, or revocation of membership dues shall undergo a comprehensive review biennially. This review will consider prevailing economic conditions and the current financial health of the organization before any adjustments are made. It shall be conducted by the finance committee, in collaboration with the membership committee, which will analyze market trends, comparative analyses of membership dues from peer organizations, and the specific requirements of the association. The findings of this review will be presented to the board of directors for careful consideration and approval, following an opportunity for the membership committee to review and provide feedback.”

“The organization is a membership organization. Members have voting rights but no ownership of assets.”

“Members of the organization have the ability to vote for the board of directors.”

“The finance committee reviews the tax return in detail. After the finance committee approves the 990, an electronic copy of the form 990 is provided to each voting member of the governing body at least 2 weeks prior to the filing of the return. Upon tax preparer completion of the irs form 990, the form and accompanying schedules are first reviewed by key members of the association management company's client team. Thereafter, an electronic copy of the form 990 (and accompanying schedules) will be made available to each voting member of the governing body via electronic e-mail notification with instructions for contacting the organization's headquarters with comments or questions. A 2-week timeframe will be provided for governing body comments or questions. Following the open timeframe for governing body comments and questions, and following the resolution of any questions or other matters that have arisen, the e-file authorization form is signed by the treasurer and the form 990 is electroncially filed.”

“Directors, principal officers, and members of the governing board with delegated powers are required to sign an annual statement indicating that they have received a copy of, and understand, the conflict of interest policy, that they will disclose any situation that could be construed as a potential conflict of interest and will abstain from voting on any matter that may present a conflict of interest. The policy states that the organization must conduct periodic reviews to ensure that it is operating in a manner consistant with its tax-exempt purposes and designates areas that must be reviewed.”

“The board members review compensation requests with the board president who provides information regarding comparable compensation levels. The board approves compensation level for all employees.”

“All documents requiring public disclosure by the internal revenue service are made available upon request for the same period of disclosure set forth in section 6104(d).”

“The organization has a committee that assumes the responsibility for oversight of the audit and selects the independent auditor. This process is unchanged from the previous year.”

“Nahn is the "central organization" holding the group exemption on behalf of a number of "subordinate organizations," none of whom are included in this return as indicated on page 1, item h. Each subordinate organization that participates in the group exemption is responsible for independently maintaining its annual tax reporting requirements.”