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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 6</FormAndLineReferenceDesc>
        <ExplanationTxt>Explanation of classes of members or shareholders: NAFME has 45000 active voting members.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 7a</FormAndLineReferenceDesc>
        <ExplanationTxt>How members or shareholders elect governing body: Members use an electric voting system to govern actions.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 7b</FormAndLineReferenceDesc>
        <ExplanationTxt>Decisions of governing body approval by members or shareholders: Changes in NAFME bylaws require voting by active members.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>Process for review of Form 990: The Form 990 is first reviewed by the Chief Financial Officer along with the preparer (CPA Firm). The Form 990 is then reviewed by the Executive Director. The Form 990 is then made available to the Finance Committee for review. The Form 990 is then made available to the National Executive Board for review. After all reviews are completed and no changes are necessary, the Form 990 is filed with the Internal Revenue Service.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>Process for annually monitoring conflict of interest policy: All board members agree to declare conflicts of interest between their personal or professional life and their position on the board, avoid using their board membership or NAFME's staff, services, equipment, resources, or property for their advantage or that of their friends, relatives or other third parties, and abstain from voting or discussion when appropriate, all in accordance with NAFME's conflict of interest policy. Pocedures for monitoring and enforcing conflict on interest policy: The Board of Directors are responsible for self-governance including the investigation of any claims of misconduct made about a director and disciplinary action for any claims of misconduct found to be valid. The board may modify these procedures for reviewing board member conduct from time to time. All members of the board consent to the implementation of the then current procedures if any claims of misconduct are made against them. 1) Complaints: Complaints about any officer or director may be made to the President or any other officer or director of NAFME. Anyone receiving a complaint shall promtly forward it to the President for investigation. Complaints about the President shall be promtly forwarded to the immediate Past President or, in the absence of the immediate past president, to any other past president on the board. 2) Confidentiality: All complaints of misconduct will be kept confidential except to the necessary to conduct a thorough investigation. 3) Material violation: A material violation of the code of conduct is one that results in harm to NAFME or its affiliates. 4) Retaliation prohibited: Direct or indirect retaliation of any kind by NAFME or its officers, directors, employees, members, or agents against any individual who makes, initiates or is involved in making of a complaint is strictly prohibited. This prohibition on retaliation shall be strictly enforced by the board. Complaints made with knowledge that they are false are strictly prohibited. This prohibition on making of knowingly false complaints shall be strictly enforced by the board. 5) Initial determination: Upon receipt and priliminary review of each complaint, the president may conclude, in the President's sole discretion, that the complaint: (A) contains factually unreliable or insufficient information, or (B) is patently frivolous or trivial. In such cases, the President may determine that the complaint does not constitute a potentially actionable complaint that would justify bringing it before the committee for determination of whether there has been a material violation of the code of conduct. If so, such commplaint shall be dismissed without prejudice by the President, and the President shall provide written notice to the person who submitted the complaint of its disposition. All such preliminary dispositions of complaints by the President shall be immediately reported in writting to all members of the committee. 6) Notice of investigation: If a complaint is deemed by the President on a preliminary basis to be a potentially actionable complaint, the President shall provide a written notice to the director whose conduct has been called into question, advising the director that an investigation is been initiated. The President shall also provide written notice to the person who submitted the complaint that the complaint is being reviewed by the committee. 7) Review of complaint: For each complaint that the President believes is potentially actionable, the President shall authorize an investigation into its specific facts or circumstances to whatever extent is necessary in order to clarify, expand or corrobarate the information provided in the complaint and in order to assist the committee in determining whether charges should be brought against the director. The committee may be assisted by NAFME staff, legal counsel and outside experts, as needed, so long as all persons involved in the investigation agree to maintain the complete confidentially of the investigation. The committee or its agents may contact the person who submitted the complaint, the director who is the subject of the charge, or any other other persons who may have knowledge of the facts and circumstances surrounding the complaint. 8) The committee determination: The committee shall either dismiss the complaint with prejudice or prepare written charges against the director. Written charges shall explain the alleged conduct and expalin why the conduct constitutes grounds for disciplinary action. The committee shall also produce a written report with the results of its investigation. The person who made the complaint shall be notified of the committee's determination but shall not be provided with a copy of any written charges or the report. The director in question shall be notified of the committee's determination. Copies of written charges and the comiittee's report shall be provided to the President, the committee members, the director against whom the charges were filed. 9) Hearing: If the committee recommends charges be brought, it shall hold a hearing, in person, by telephone or video conference. The President shall present the committee's report with the assistance of NAFME's legal counsel. The charged director may present a defense and may be represented by legal counsel, at his or her own expense. The President shall determine the rules of evidence that shall apply to the hearing and may limit the presentation of oral or written testimony by witnesses. The charged director may waive the right to a hearing in which case the committee may deliberate based on its report. 10) Determination of violation: Upon completion of its investation and the hearing, the committee shall determine by majority vote, upon a prepoderance of the evidence, whether orb not there has been a violation of the code of conduct and whether the board impose sanctions. If the committee find there has been a violation, the committee shall recommend an appropriate sanction. The committee's written recommendation shall be presented to the board. 11) Imposition of sanctions: The board shall determine, by majority vote, the appropriate sanction to be imposed on any director found to have violated the NAFME code of conduct. Sanctions may include a written reprimand, censure, suspension from board membership for a period of time, or permanent expulsion from the board (if the bylaws give the board the authority to remove a director). 12) Resignation: If a board member who is the subject of a complaint voluntarily resigns in writing his or her position on the board during the pendency of a complaint, the complaint shall be dismissed without prejudice and without any further action by the committee or the board. In the event of a resignation, the person who made the complaint shall be notified in writing of the fact and date of the resignation and that the board has dismissed the complaint without prejudice.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>Process for determining compensation of officers: The National Executive Board reviews and approves compensation of the Executive Director. Salary increase is linked to an appraisal conducted by the Executive Committee with input from and consultation with the National Executive Board.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>Process for determining compensation of officers: The National Executive Board reviews and approves compensation of the Executive Director. Salary increase is linked to an appraisal conducted by the Executive Committee with input from and consultation with the National Executive Board.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Governing documents and the conflict of interest policy are made available upon request. Annual audited financial statements and tax returns are on NAFME's website.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>Governance 203952. 0. 0.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part III, Line 4d</FormAndLineReferenceDesc>
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