TEXAS ACADEMY OF MEDICINE ENGINEERING SCIENCE AND TECHNOLOGY: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- TEXAS ACADEMY OF MEDICINE ENGINEERING SCIENCE AND TECHNOLOGY (EIN 20-1014851)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202423189349309442
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T15:46:10-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 203992693 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RANDY WALKER & CO | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7800 IH 10 WEST STE 505 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201014851 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS ACADEMY OF MEDICINE ENGINEERING | BusinessNameLine1Txt |
| Business Name Line2 | SCIENCE AND TECHNOLOGY | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TEXA | BusinessNameControlTxt |
| Phone | 5124713823 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3925 W BRAKER LANE 38018 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78759 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TERRENCE HENRY | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 5124713823 | PhoneNum |
| Signature | 2024-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RANDY L WALKER CPA | PreparerPersonNm |
| PTIN | P00963779 | PTIN |
| Phone | 2103669430 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TERRENCE HENRY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3925 W BRAKER LANE 38018 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78759 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,641,624 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TAMEST.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | TAMEST BRINGS THE STATE'S TOP SCIENTIFIC, ACADEMIC AND CORPORATE MINDS TOGETHER TO FURTHER POSITION TEXAS AS A NATIONAL RESEARCH LEADER. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $483,050 | PYContributionsGrantsAmt |
| CY Contributions Grants | $704,532 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $101,690 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $512,275 | CYProgramServiceRevenueAmt |
| PY Investment Income | $407,241 | PYInvestmentIncomeAmt |
| CY Investment Income | $424,817 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $991,981 | PYTotalRevenueAmt |
| CY Total Revenue | $1,641,624 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $105,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $136,504 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $193,520 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $740,683 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,160,573 | PYOtherExpensesAmt |
| CY Other Expenses | $530,288 | CYOtherExpensesAmt |
| PY Total Expenses | $1,459,093 | PYTotalExpensesAmt |
| CY Total Expenses | $1,407,475 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$467,112 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $234,149 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,859,611 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,445,376 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $63,920 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $67,342 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $17,795,691 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $20,378,034 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE BROADER RECOGNITION OF THE STATE'S TOP ACHIEVERS IN MEDICINE, ENGINEERING AND SCIENCE, AND TO BUILD A STRONGER IDENTITY FOR TEXAS AS AN IMPORTANT DESTINATION AND CENTER OF ACHIEVEMENT IN THESE FIELDS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $638,510 | ExpenseAmt |
| Grant | $136,504 | GrantAmt |
| Desc | THE O'DONNELL AWARDS ANNUALLY RECOGNIZE RISING TEXAS RESEARCHERS WHO ARE ADDRESSING THE ESSENTIAL ROLE THAT SCIENCE AND TECHNOLOGY PLAY IN SOCIETY, AND WHOSE WORK MEETS THE HIGHEST STANDARDS OF EXEMPLARY PROFESSIONAL PERFORMANCE, CREATIVITY AND RESOURCEFULNESS. THROUGH THESE AWARDS, TAMEST PROMOTES BROADER AWARENESS OF THE STATE'S TOP ACHIEVERS IN MEDICINE, ENGINEERING AND SCIENCE, AND BUILDS A STRONGER IDENTITY FOR TEXAS AS AN IMPORTANT DESTINATION AND CENTER OF ACHIEVEMENT IN THESE FIELDS. EVERY YEAR, TAMEST RECOGNIZES THESE EMERGING RESEARCHERS AT ITS ANNUAL CONFERENCE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $329,627 | ExpenseAmt |
| Revenue | $512,275 | RevenueAmt |
| Desc | 2023 ANNUAL CONFERENCE: FORWARD TEXAS: ACCELERATING CHANGE. THE TAMEST 2023 ANNUAL CONFERENCE GATHERED SOME OF OUR MOST CELEBRATED AND INNOVATIVE RESEARCHERS TO EXAMINE HOW SCIENCE AND TECHNOLOGY ARE LEADING TO FUNDAMENTAL CHANGES IN SOCIETY. THE CROSS-DISCIPLINARY PROGRAM FOCUSED ON FOUR PROFOUND SCIENTIFIC TRANSITIONS UNDERWAY: CRISPR GENE EDITING, "BIG" DATA SCIENCE, RENEWABLE ENERGY AND DECARBONIZATION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $104,969 | ExpenseAmt |
| Desc | TEXAS DEFENSE/AEROSPACE INNOVATION ECOSYSTEM PROJECT. THE GOAL IS TO DEVELOP A POWERFUL INNOVATION ECOSYSTEM TO SERVE NATIONAL SECURITY NEEDS, WHICH WILL RESULT IN LARGE AMOUNTS OF ADDITIONAL RESEARCH FUNDING, ENTREPRENEURIAL OPPORTUNITY, AND ECONOMIC RETURNS FOR TEXAS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAMEST NATURAL HAZARDS SUMMIT: RESPONDING TO AND MITIGATING THE IMPACTS. THE SUMMIT WILL HIGHLIGHT THE INFLUENCE OF NATURAL HAZARDS ON THE ECONOMY AND WELL-BEING OF COMMUNITIES IN TEXAS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,073,106 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 9 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | 0 | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | 0 | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEBBIE KIM | PersonNm |
| Phone | 5124713823 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3925 W BRAKER LANE 38018 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78759 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| PALLAB K CHATTERJEE PHD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHAU-CHYUN CHEN SCD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BONNIE BARTEL PHD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LORA HOOPER PHD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOSE N ONUCHIC PHD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KIM ORTH PHD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SARA N ORTWEIN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RODERIC PETTIGREW MD PHD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARLAN O SCULLY PHD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRENDAN LEE MD PHD | ||||||
| PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| GANESH C THAKUR PHD | ||||||
| VICE PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DAVID E DANIEL PHD | ||||||
| PAST PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CHERYL LYN WALKER PHD | ||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| HELEN PIWNICA-WORMS PHD | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| SELDA GUNSEL PHD | ||||||
| TREASURER-ELECT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| TERRENCE HENRY | ||||||
| EXECUTIVE DIRECTOR | 40.00 | $231,365 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $231,365 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UNIVERSITY OF TEXAS | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 TEXAS UNIVERSITY STATION | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78712 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | CONTRACT SERVICES | ServicesDesc |
| Compensation | $740,683 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $390,000 | MembershipDuesAmt |
| All Other Contributions | $314,532 | AllOtherContributionsAmt |
| Total Contributions | $704,532 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONFERENCE INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $512,275 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $512,275 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $512,275 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $424,817 | TotalRevenueColumnAmt |
| Exclusion | $424,817 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,641,624 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $512,275 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $424,817 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,504 | TotalAmt |
| Program Services | $136,504 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,365 | TotalAmt |
| Program Services | $155,015 | ProgramServicesAmt |
| Management And General | $76,350 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $509,318 | TotalAmt |
| Program Services | $341,243 | ProgramServicesAmt |
| Management And General | $168,075 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,500 | TotalAmt |
| Program Services | $94,697 | ProgramServicesAmt |
| Management And General | $30,803 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,700 | TotalAmt |
| Program Services | $63,934 | ProgramServicesAmt |
| Management And General | $32,766 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $819 | TotalAmt |
| Program Services | $306 | ProgramServicesAmt |
| Management And General | $513 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,165 | TotalAmt |
| Program Services | $15,540 | ProgramServicesAmt |
| Management And General | $11,625 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,799 | TotalAmt |
| Program Services | $7,799 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,838 | TotalAmt |
| Program Services | $16,417 | ProgramServicesAmt |
| Management And General | $1,421 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,605 | TotalAmt |
| Program Services | $266 | ProgramServicesAmt |
| Management And General | $7,339 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,809 | TotalAmt |
| Management And General | $3,809 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| MEALS | $142,335 | $141,797 | $538 |
| AUDIO AND VISUAL | $89,878 | $89,878 | |
| PRINTING & REPRODUCTION | $10,840 | $9,710 | $1,130 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,407,475 | TotalAmt |
| Program Services | $1,073,106 | ProgramServicesAmt |
| Management And General | $334,369 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,347 | BOYAmt |
| EOY | $284,549 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $162,802 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,145 | BOYAmt |
| EOY | $111,315 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,554,119 | BOYAmt |
| EOY | $19,886,710 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,859,611 | BOYAmt |
| EOY | $20,445,376 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,920 | BOYAmt |
| EOY | $67,342 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,920 | BOYAmt |
| EOY | $67,342 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,451,317 | BOYAmt |
| EOY | $5,432,175 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,344,374 | BOYAmt |
| EOY | $14,945,859 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,795,691 | BOYAmt |
| EOY | $20,378,034 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,859,611 | BOYAmt |
| EOY | $20,445,376 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $234,149 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,348,194 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $651,900 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $528,635 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,899,325 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $483,050 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $704,532 | CurrentTaxYearAmt |
| Total | $4,267,442 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $651,900 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $528,635 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,899,325 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $483,050 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $704,532 | CurrentTaxYearAmt |
| Total | $4,267,442 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $130,534 | SubstantialContributorsTotAmt |
| Public Support Total170 | $4,136,908 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $481,945 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $392,202 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $374,095 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $407,241 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $424,817 | CurrentTaxYearAmt |
| Total | $2,080,300 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $6,347,742 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $710,715 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.65170 | PublicSupportCY170Pct |
| Public Support PY170 | 0.65960 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,616,462 | BeginningYearBalanceAmt |
| Contributions | $2,000 | ContributionsAmt |
| Investment Earnings Or Losses | $2,340,659 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $200,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $557,042 | OtherExpendituresAmt |
| End Year Balance | $17,202,079 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,344,219 | BeginningYearBalanceAmt |
| Contributions | $3,250 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,041,007 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $125,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $565,000 | OtherExpendituresAmt |
| End Year Balance | $15,616,462 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,628,052 | BeginningYearBalanceAmt |
| Contributions | $1,150,999 | ContributionsAmt |
| Investment Earnings Or Losses | $2,116,168 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $100,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $451,000 | OtherExpendituresAmt |
| End Year Balance | $18,344,219 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,601,236 | BeginningYearBalanceAmt |
| Contributions | $500 | ContributionsAmt |
| Investment Earnings Or Losses | $1,576,316 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $100,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $450,000 | OtherExpendituresAmt |
| End Year Balance | $15,628,052 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,814,460 | BeginningYearBalanceAmt |
| Contributions | $1,500 | ContributionsAmt |
| Investment Earnings Or Losses | $2,292,570 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $100,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $407,294 | OtherExpendituresAmt |
| End Year Balance | $14,601,236 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.13766 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.81456 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.04778 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $3,970,639 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,348,194 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $106,321 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $2,454,515 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,516,124 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $125,500 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $125,500 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,641,624 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,388,296 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $106,321 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $106,321 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,281,975 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $125,500 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $125,500 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,407,475 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 4: | FormAndLineReferenceDesc |
| Explanation | SPENDING POLICY AND HOW THE INVESTMENT OBJECTIVES RELATE TO SPENDING POLICY CONSISTENT WITH THE ACADEMY'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN, THE ACADEMY HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR AS FOLLOWS: TAMEST ENDOWMENT - AN ANNUAL DISTRIBUTION FROM THE FUND MAY BE MADE OF UP TO 5% OF THE FUND BASED ON THE AVERAGE ENDING MARKET VALUE OF THE PORTFOLIO ON DECEMBER 31ST FROM THE PREVIOUS THREE YEARS. ANY UNSPENT FUNDS DISTRIBUTED UNDER THE POLICY ARE TO BE DEPOSITED INTO THE UNRESTRICTED FUND FOR FUTURE USE RATHER THAN BEING ROLLED BACK INTO THE ENDOWMENT. O'DONNELL AWARD ENDOWMENT - THE O'DONNELL AWARD ENDOWMENT MAY DISTRIBUTE THE MINIMUM OF $125,000 OR 5% OF THE VALUE OF THE FUND. THE PERPETUALLY RESTRICTED ENDOWMENT FUNDS WILL NEVER BE INVADED. DISTRIBUTIONS FROM THE ENDOWMENT WILL BE SPENT ONLY FOR THE EDITH AND PETER O'DONNELL AWARDS OR COSTS DIRECTLY RELATED TO THE AWARDS. ANY UNUSED DISTRIBUTIONS WILL BE RETURNED TO THE ENDOWMENT EACH YEAR. A PORTION OF THE ENDOWMENT INCOME SHOULD BE USED TO OBTAIN STATEWIDE PUBLICITY OF THE AWARD. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (7 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| O'DONNELL AWARD - MEDICINE | 1 | $25,000 |
| O'DONNELL AWARD - ENGINEERING | 1 | $25,000 |
| O'DONNELL AWARD - PHYSICAL SCIENCE | 1 | $25,000 |
| O'DONNELL AWARD - TECHNOLOGY INNOVATION | 1 | $25,000 |
| O'DONNELL AWARD - BIOLOGICAL SCIENCE | 1 | $25,000 |
| O'DONNELL AWARDS EXTERNAL REVIEWER HONORARIUM | 14 | $5,600 |
| MARY BETH MADDOX AWARD AND LECTURESHIP | 1 | $5,000 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TERRENCE HENRY | PersonNm |
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $231,365 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $231,365 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION | TEXAS ACADEMY OF MEDICINE, ENGINEERING, SCIENCE AND TECHNOLOGY 3925 W BRAKER LANE, SUITE 3.8018 AUSTIN, TX 78759 EMPLOYER IDENTIFICATION NUMBER: 20-1014851 FOR THE YEAR ENDING DECEMBER 31, 2023 TEXAS ACADEMY OF MEDICINE, ENGINEERING, SCIENCE AND TECHNOLOGY [TAMEST] IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). |
| FORM 990, PART VI, SECTION A, LINE 6 | TAMEST MEMBERS REPRESENT A SIGNIFICANT NUMBER OF UNIVERSITIES, ORGANIZATIONS AND COMPANIES THROUGHOUT TEXAS. ALL TEXAS MEMBERS OF THE NATIONAL ACADEMY OF MEDICINE (NAM), NATIONAL ACADEMY OF ENGINEERING (NAE), NATIONAL ACADEMY OF SCIENCES (NAS), ROYAL SOCIETY, ROYAL ACADEMY OF ENGINEERING AND THE STATE'S 11 NOBEL LAUREATES ARE MEMBERS OF TAMEST. TAMEST MEMBER INSTITUTIONS ARE TEXAS UNIVERSITIES WHERE TAMEST MEMBERS HOLD POSITIONS ON THE FACULTY OR IN THE ADMINISTRATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | DIRECTORS SHALL BE ELECTED BY THE VOTE OF THE MEMBERSHIP OF THE ACADEMY, WHICH SHALL BE CONDUCTED ANNUALLY. THE BOARD OF DIRECTORS MAY AUTHORIZE MEMBERS TO VOTE BY MAIL, FACSIMILE OR ELECTRONIC TRANSMISSION, OR ANY COMBINATION THEREOF, ON THE ELECTION OF DIRECTORS OR ON ANY OTHER MATTER ON WHICH THE MEMBERS MAY VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS SENT TO THE ENTIRE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO BEING FILED. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE DIRECTOR HAS AN ANNUAL PERFORMANCE EVALUATION BY THE PRESIDENT OF THE BOARD OF DIRECTORS. THE PRESIDENT, PAST PRESIDENT, VICE PRESIDENT, TREASURER, AND TREASURER-ELECT COMPRISE THE COMPENSATION COMMITTEE, WHICH RECOMMENDS COMPENSATION INCREASES FOR THE EXECUTIVE DIRECTOR. DURING THE EVALUATION PROCESS, THE EXECUTIVE DIRECTOR PROVIDES THE EXECUTIVE COMMITTEE A LIST OF ACCOMPLISHMENTS FROM THE PREVIOUS YEAR, AND A LIST OF GOALS FOR THE UPCOMING YEAR. EVALUATION FORMS ARE DISTRIBUTED TO THE EXECUTIVE COMMITTEE IN MARCH/APRIL. COMPLETED EVALUATION FORMS ARE SUBMITTED TO THE PRESIDENT BY APRIL 30TH. THE PRESIDENT FACILITATES A CONFIDENTIAL DISCUSSION WITH THE COMPENSATION COMMITTEE. THE PRESIDENT PROVIDES A SUMMARIZED WRITTEN REVIEW FOR DISCUSSION WITH THE EXECUTIVE DIRECTOR BY JUNE 15TH. |
| FORM 990, PART VI, SECTION C, LINE 19 | CERTAIN OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| PART VII, SECTION A, LINE 1A | THE ORGANIZATION HAS A LETTER OF AGREEMENT WITH THE UNIVERSITY OF TEXAS (UT) WHICH STATES THAT UT WILL ADMINISTER THE TEXAS ACADEMY OF MEDICINE, ENGINEERING, SCIENCE AND TECHNOLOGY (TAMEST) OPERATING EXPENSES WITH REGARD TO STAFF COSTS. TAMEST IS INVOICED FOR THE EXPENSES AND ONCE APPROVED, ARE BOOKED INTO THE TAMEST GENERAL LEDGER AND THE FUNDS ARE TRANSFERRED FROM TAMEST TO UT FOR PAYMENT. TAMEST PRESENTS THE STAFF COSTS, BUT DOES NOT ISSUE THE W-2S. |
| FORM 990, PART XII, LINE 2C | THE ORGANIZATION'S PROCESS FOR ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR HAVE NOT CHANGED FROM THE PRIOR YEAR. |
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