Amyotrophic Lateral Sclerosis Association

“Trustees hampton graham and glenn stambaugh have a professional business relationship outside of their duties as board members.”

“The bylaws were amended during the year. The first change created a new class of board member known as honorary life member. The new class was recommended so that the chapter board could have the option of retaining the institutional knowledge of valued board members after they have completed their three, 3-year terms. Approved honorary life members would be invited to all board meetings but would not have the ability to vote so they would not be counted toward a meeting quorum. The second bylaw change automatically extended the term of an outgoing chairman by two years, even if that means that the individual would exceed his/her three, 3-year terms to ensure that an incoming chairman would have the benefit and support of having the immediate past chairman on the board.”

“The audit report and form 990 is first reviewed and discussed with the finance committee and the accountant. Once any questions or concerns have been addressed, the finance committee votes to accept the audit report and form 990. Once this is complete, both are presented to the entire board of directors for vote and approval.”

“Board members and key employees are asked to sign a conflict of interest policy annually. Any conflicts are discussed with the executive committee of the board for appropriate action, if necessary. Board members with a conflict on any voting matters recuse themselves from the vote.”

“The process for determining the president/ceo's salary is as follows: (1) the president/ceo's performance is reviewed by the chairman and a written evaluation is provided to the president/ceo and to the executive committee; (2) salary is determined and documented by using comparable data from nonprofits of similar mission, budget size, and geographic region, including sister als chapters, with allowances made for differences in size and location; (3) the executive committee makes a recommendation to the board for approval; and (4) the board's consideration and approval of the compensation is documented in the boards minutes. The process for determining key employee's salary is as follows: (1) the employee's performance is reviewed by the president/ceo; and (2) salary is determined and documented by using comparable data from nonprofits of similar mission, budget size, and geographic region.”

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

“Payroll administration: program service expenses 15,955. Management and general expenses 540. Fundraising expenses 5,124. Total expenses 21,619. Other professional fees: program service expenses 52,319. Management and general expenses 0. Fundraising expenses 0. Total expenses 52,319. Contractor fees: program service expenses 18,900. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,900. Subcontractor fees-center support: program service expenses 441,209. Management and general expenses 0. Fundraising expenses 0. Total expenses 441,209.”

“Write off of uncollectable pledges -5,000.”

“The financial statement audit and selection of the independent cpa firm is managed by the president/ceo and overseen by the finance committee of the board. The cpa firm presents the audit and 990 to the finance committee. The firm meets with the treasurer at least once without staff present to ensure the process is fully independent. The finance committee then presents the audit and 990 to the full board. The cpa firm is chosen from three (3) independent proposals when a change in firm is made. This process has not changed from the prior year.”