2023-08-09T13:43:02-05:00 2022-09-30 111986323 MARCUM LLP 1 RESEARCH COURT SUITE 400 ROCKVILLE MD 20850 990 2021-10-01 521947112 ASSOCIATION OF AMERICAN UNIVERSITIES INC ASSO 2024087500 1200 NEW YORK AVE NW 550 WASHINGTON DC 20005 BARBARA R SNYDER PRESIDENT 2024087500 2023-08-04 1 BARBARA SNYDER 999009999 MATTHEW DUVALL CPA P01324790 3016913600 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z BARBARA R SNYDER 1200 NEW YORK AVE NW 550 WASHINGTON DC 20005 10623302 0 X WWW.AAU.EDU X 1995 DC FOUNDED IN 1900, AAU IS COMPOSED OF 66 DISTINGUISHED RESEARCH UNIVERSITIES, 64 IN THE UNITED STATES AND TWO IN CANADA, THAT CONTINUALLY ADVANCE SOCIETY THROUGH EDUCATION, RESEARCH, AND DISCOVERY. OUR U.S. MEMBER UNIVERSITIES EARN THE MAJORITY OF COMPETITIVELY AWARDED FEDERAL FUNDING FOR ACADEMIC RESEARCH, ARE IMPROVING HUMAN LIFE AND WELLBEING THROUGH RESEARCH, AND ARE EDUCATING TOMORROW'S VISIONARY LEADERS AND GLOBAL CITIZENS. AAU MEMBERS COLLECTIVELY HELP SHAPE POLICY FOR HIGHER EDUCATION, SCIENCE, AND INNOVATION; PROMOTE BEST PRACTICES IN UNDERGRADUATE AND GRADUATE EDUCATION; AND STRENGTHEN THE CONTRIBUTIONS OF RESEARCH UNIVERSITIES TO SOCIETY. 10 10 46 10 0 0 756682 572069 9313333 9323455 351011 278772 0 1500 10421026 10175796 80000 20000 0 0 6272548 6773949 0 0 2584 3813527 3139746 10166075 9933695 254951 242101 12330287 13327959 4916828 6971153 7413459 6356806 X FOUNDED IN 1900, AAU IS COMPOSED OF 66 (AS OF FY22) DISTINGUISHED INSTITUTIONS IN THE UNITED STATES AND CANADA THAT CONTINUALLY ADVANCE SOCIETY THROUGH EDUCATION, RESEARCH, AND DISCOVERY. OUR U.S. MEMBER UNIVERSITIES EARN THE MAJORITY OF COMPETITIVELY AWARDED FEDERAL FUNDING FOR ACADEMIC RESEARCH, ARE IMPROVING HUMAN LIFE AND WELLBEING THROUGH RESEARCH, AND ARE EDUCATING TOMORROW'S VISIONARY LEADERS AND GLOBAL CITIZENS. AAU MEMBERS COLLECTIVELY HELP SHAPE POLICY FOR HIGHER EDUCATION, SCIENCE, AND INNOVATION; PROMOTE BEST PRACTICES IN UNDERGRADUATE AND GRADUATE EDUCATION; AND STRENGTHEN THE CONTRIBUTIONS OF RESEARCH UNIVERSITIES TO SOCIETY. 0 0 6305886 8936388 FEDERAL RELATIONS, POLICY, AND PUBLIC AFFAIRS: THE MAJORITY OF THE PROGRAM FUNDS EXPENDED BY THE ASSOCIATION OF AMERICAN UNIVERSITIES (AAU) IS CONCENTRATED IN FEDERAL GOVERNMENT RELATIONS, POLICY STUDIES, AND PUBLIC AFFAIRS & COMMUNICATIONS. AAU'S PROGRAMS AND PROJECTS ADDRESS BOTH FEDERAL AND INSTITUTIONAL POLICIES AND PRACTICES. MAINTAINING THE PRODUCTIVE PARTNERSHIP BETWEEN THE NATION'S RESEARCH UNIVERSITIES AND THE FEDERAL GOVERNMENT IS A KEY AREA OF FOCUS. THIS INCLUDES WORK ON FEDERAL AND INSTITUTIONAL POLICIES AFFECTING THE TEACHING, RESEARCH, AND SERVICE MISSIONS OF RESEARCH UNIVERSITIES, THEIR STUDENTS, FACULTY MEMBERS, AND STAFF. THIS INCLUDES FEDERAL INVESTMENTS IN STUDENT AID, HIGHER EDUCATION, COMPETITIVELY AWARDED-BASIC SCIENTIFIC RESEARCH PROGRAMS. 572442 20000 GRANT-FUNDED PROJECTS: AAU ADVANCES PROJECTS THAT ADDRESS CRITICAL RESEARCH AND EDUCATION POLICY ISSUES IMPACTING AAU MEMBER UNIVERSITIES. WE ARE SELECTIVE IN THE GRANTS WE SOLICIT TO ENSURE THAT THE GRANT-FUNDED WORK ALIGNS WITH AAU'S GOALS AND PRIORITIES. AAU CURRENTLY HAS TWO ACTIVE GRANTS SUPPORTING OUR UNDERGRADUATE TEACHING EVALUATION PROJECT, AND CLOSED GRANTS SUPPORTING OUR PHD EDUCATION INITIATIVE AND OUR PUBLIC ACCESS TO RESEARCH DATA PROJECT. AAU STAFF CONTINUALLY EVALUATE POTENTIAL GRANT OPPORTUNITIES. UNDERGRADUATE TEACHING EVALUATION PROJECT AAU IS COMMITTED TO CREATING MORE EQUITABLE AND EFFECTIVE MEANS TO EVALUATE EDUCATIONAL CONTRIBUTIONS WITHIN FACULTY REWARDS STRUCTURES. AAU IS SUPPORTING FIVE AAU STEM DEPARTMENT DEMONSTRATION PROJECTS AND A BROADER AAU LEARNING COMMUNITY TO DEVELOP PRACTICES TO VALUE, RECOGNIZE, AND REWARD THE FULL RANGE OF INTELLECTUAL WORK THAT GOES INTO TEACHING AS PART OF FACULTY PROMOTION AND ANNUAL REVIEW STRUCTURES. IN ADDITION, THIS EFFORT WILL WORK TO INTEGRATE CONCEPTS OF JUSTICE AND EQUITY INTO THE FACULTY REWARDS SYSTEM. THE DEMONSTRATION PROJECTS ARE MADE POSSIBLE BY A GIFT FROM THE SARAH GILBERT & CARL WIEMAN CHARITABLE FUND. THE BROADER LEARNING COMMUNITY IS SUPPORTED BY FUNDING FROM THE HOWARD HUGHES MEDICAL INSTITUTE. PHD EDUCATION INITIATIVE WITH THE SUPPORT OF THE ALFRED P. SLOAN FOUNDATION, A PILOT GROUP OF EIGHT MEMBER UNIVERSITIES, REPRESENTING 32 ACADEMIC DEPARTMENTS, IMPLEMENTED REFORMS WITHIN SCIENCE, TECHNOLOGY, ENGINEERING, MATH, SOCIAL SCIENCES, ARTS, AND HUMANITIES PHD PROGRAMS TO 1) DRIVE INSTITUTIONAL CHANGE:INFLUENCE THE CULTURE AND BEHAVIOR AT THE DEPARTMENT LEVEL TO PROVIDE PHD STUDENTS WITH THE KNOWLEDGE, SKILLS, AND ABILITY TO SUCCEED IN CAREERS WITHIN AND BEYOND ACADEMIA; 2) PROMOTE DATA TRANSPARENCY:IDENTIFY INSTITUTIONAL POLICIES AND PRACTICES TO MAKE PHD PROGRAM DATA INCLUDING DATA ABOUT THE CAREER PATHWAYS AND EMPLOYMENT TRENDS OF PHD ALUMNI WIDELY AVAILABLE; AND 3) IMPLEMENT EFFECTIVE STRATEGIES:HIGHLIGHT AND ENCOURAGE EFFECTIVE UNIVERSITY, DISCIPLINARY SOCIETY, AND FEDERAL AGENCY STRATEGIES AND PROGRAMS TO SUPPORT CAREER DIVERSITY. PUBLIC ACCESS TO RESEARCH DATA AAU, IN COLLABORATION WITH APLU AND THE AMERICAN GEOPHYSICAL UNION, HOSTED A WORKSHOP IN MARCH 2022 TO EXPLORE WHAT UNIVERSITIES AND DISCIPLINARY SOCIETIES CAN DO TO ACCELERATE PUBLIC ACCESS TO DATA FROM FEDERALLY FUNDED RESEARCH. THE WORKSHOP WAS AIMED AT HELPING TO FURTHER DISSEMINATE THE WORK AAU AND APLU WORK DID AS PART OF NSF GRANT #1939279. THIS WAS THE FINAL ACTIVITY OF THE GRANT. 860984 387067 OTHER PROGRAMSPUBLIC OPINION PROJECT: THIS PROJECT AIMS TO GAIN MORE INSIGHTS INTO PUBLIC OPINION TO ASSIST OUR MEMBERS ON ISSUES CRITICAL TO THEIR RELATIONSHIP WITH THE PUBLIC AND POLICYMAKERS.MEETINGS: AAU CONDUCTS SEMI-ANNUAL MEETINGS OF THE CHIEF EXECUTIVE OFFICERS OF ITS MEMBER INSTITUTIONS AS WELL AS MULTIPLE MEETINGS OF FEDERAL RELATIONS OFFICERS AND OTHER COMMITTEES AND GROUPS, AS NECESSARY. THE ASSOCIATION CONDUCTS ANNUAL MEETINGS OF THE FOLLOWING INTERNAL GROUPS, COMPOSED OF STAFF FROM AAU'S MEMBER UNIVERSITIES: - COUNCIL ON FEDERAL RELATIONS - PUBLIC AFFAIRS NETWORK - CHIEF ACADEMIC OFFICERS - SENIOR RESEARCH OFFICERS - CHIEF DIVERSITY OFFICERS - GENERAL COUNSELS - ASSOCIATION OF GRADUATE SCHOOLSGOLDEN GOOSE AWARD AAU PLAYED A LEADERSHIP ROLE IN THE NINTH ANNUAL GOLDEN GOOSE AWARD PROGRAM AND CEREMONY. THE AWARD HONORS FEDERALLY FUNDED RESEARCHERS WHOSE WORK SOUNDS ODD OR OBSCURE BUT TURNED OUT TO HAVE MAJOR SOCIETAL BENEFITS.AAU BY THE NUMBERS AS PART OF THE ASSOCIATION'S EFFORTS TO DEMONSTRATE THE VALUE OF RESEARCH UNIVERSITIES TO THE NATION, AAU UPDATED AND PRODUCED PRINT AND DIGITAL INFOGRAPHICS WITH AGGREGATE STATISTICS ON THE ECONOMIC IMPACT, STUDENT FINANCIAL AID, RESEARCH INTENSITY, AND OTHER USEFUL INFORMATION ABOUT ITS MEMBER UNIVERSITIES. 7739312 1 1 0 1 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 28 0 1 46 1 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ASSOCIATION OF AMERICAN UNIVERSITIES 2024087500 1200 NEW YORK AVE NW STE 550 WASHINGTON DC 20005 ANDREW HAMILTON BOARD MEMBER 1.00 X 0 0 0 CAROL FOLT VICE CHAIR 1.00 X X 0 0 0 CHRISTINA PAXSON PAST CHAIR 1.00 X 0 0 0 CHRISTOPHER EISGRUBER BOARD MEMBER 1.00 X 0 0 0 DOUGLAS GIROD BOARD MEMBER 1.00 X 0 0 0 GENE BLOCK BOARD MEMBER 1.00 X 0 0 0 HOWARD GILLMAN BOARD MEMBER 1.00 X 0 0 0 LAWRENCE BACOW BOARD MEMBER 1.00 X 0 0 0 PATRICK GALLAGHER CHAIR 1.00 X X 0 0 0 ROBERT JONES BOARD MEMBER 1.00 X 0 0 0 BARBARA R SNYDER PRESIDENT 40.00 X 724300 0 136402 EILEEN FOX CHIEF FINANCIAL OFFICER 40.00 X 168337 0 35946 KENNETH GOLDSTEIN VP OF SURVEY RESEARCH & INST PLCY 40.00 X 160891 0 29576 MICHAEL OWENS EXEC VP & VP OF FED'L RELATIONS 40.00 X 289737 0 55431 PEDRO RIBEIRO VP OF COMMUNICATIONS 40.00 X 281099 0 54414 ROXANNE MURRAY VP OF ADMINISTRATION 40.00 X 278649 0 54414 TOBIN SMITH VP OF SCIENCE PLCY & GLBL AFFAIRS 40.00 X 281996 0 54414 EMILY MILLER DEPUTY VP OF POLICY 40.00 X 173241 0 43829 JULIA JESTER ASSOCIATE VP OF FED'L RELATIONS 40.00 X 166212 0 43851 LIZBET BOROUGHS ASSOCIATE VP OF FED'L RELATIONS 40.00 X 162522 0 42773 ROBERT MARUS ASSOCIATE VP OF COMMUNICATIONS 40.00 X 139915 0 24598 THOMAS BOZZO CHIEF INFORMATION OFFICER 40.00 X 144044 0 40854 2970943 0 616502 16 0 1 0 STAGEWELL MEDIA 1150 18TH STREET SUITE 800 WASHINGTON DC 20036 COMMUNICATIONS CONSULTING AND ADVERTISIN 1845766 1 168906 403163 572069 MEMBERSHIP DUES 900099 8936388 8936388 MEETING INCOME 900099 250400 250400 CONTRACT REVENUE 900099 136667 136667 9323455 143835 143835 582443 447506 134937 134937 134937 OTHER INCOME 999999 1500 1500 1500 10175796 9323455 0 280272 20000 20000 2778432 2163772 613696 964 2611482 2037800 572776 906 320797 249829 70857 111 733175 572383 160538 254 330063 257044 72904 115 32498 21088 11410 31326 31326 26279 26279 613591 576722 36869 29173 20701 8467 5 428155 160810 267345 660507 514386 145892 229 102781 89799 12982 637150 637150 402413 313389 89024 31023 24160 6863 MEMBERSHIP 73186 68609 4577 RECRUITING 44321 44321 SUBSCRIPTIONS & PUBLICA 12447 11463 984 TRAINING 10882 10882 4014 207 3807 9933695 7739312 2191799 2584 3151744 3277088 2005120 1318983 20340 259641 356104 217000 4820083 1808870 509241 3011213 1792076 1371444 3665307 3025816 830355 846774 12330287 13327959 381850 501464 3408201 3272186 1126777 3197503 4916828 6971153 X 6554637 5488313 858822 868493 7413459 6356806 12330287 13327959 242101 -1298754 0 X X 0 1 X 1 0 X 531628 844846 585623 756682 572069 3290848 7065916 7781435 8645765 9313333 9323455 42129904 7597544 8626281 9231388 10070015 9895524 45420752 0 0 0 45420752 147057 158270 130205 99880 143835 679247 147057 158270 130205 99880 143835 679247 2500 1500 4000 7744601 8784551 9364093 10169895 10040859 46103999 0.98520 0.98540 0.01470 0.01460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 168255 168255 9739161 9907416 645371 161343 0 0 559742 580899 656997 645371 2443009 3664514 253621 279609 118723 168255 820208 139936 145225 164249 161343 610753 916130 3661466 904164 2757302 1158617 904706 253911 3011213 TIAA-CREF LARGE CAP GROWTH INDEX FUND 483133 F TIAA-CREF LARGE CAP VALUE INDEX FUND 592065 F ISHARES CORE MSCI EAFE ETF 600807 F BAIRD CORE PLUS BOND FUND 673988 F VANGUARD INTEMEDIATE TERM BOND INDEX 675823 F 3025816 INVESTMENTS HELD FOR DEFERRED COMPENSATION 846774 846774 DEFERRED COMPENSATION 846774 DEFERRED RENT AND LEASE INCENTIVE 2350729 3197503 X 8850763 -1298754 -1298754 10149517 26279 26279 10175796 9907416 0 9907416 26279 26279 9933695 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM PAYMENT OF INCOME TAXES OTHER THAN THOSE ON UNRELATED BUSINESS INCOME (UBI) UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION HAD NO UBI FOR THE YEARS ENDED SEPTEMBER 30, 2022 AND 2021. THE INCOME TAX POSITIONS TAKEN BY THE ASSOCIATION FOR ANY YEARS OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS ARE THAT THE ASSOCIATION CONTINUES TO BE EXEMPT FROM INCOME TAXES AND THAT IT HAS PROPERLY REPORTED UBI THAT IS SUBJECT TO INCOME TAXES. THE ASSOCIATION EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEARS SEPTEMBER 30, 2022 AND 2021, AND DETERMINED THAT THERE ARE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. NONE OF THE ASSOCIATION'S FEDERAL OR STATE INCOME TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. 1 UNVERSITY OF UTAH 201 PRESIDENTS CIRCLE SALT LAKE CITY UT 84112 876000525 501(C)(3) 20000 0 STEM EDUCATION INITIATIVE 1 0 PART I, LINE 2: AS CONDITIONS OF THE GRANT, THE UNIVERSITY WAS REQUIRED TO HOST AAU STAFF FOR A SITE VISIT TO REVIEW THE ACTIVITIES CONDUCTED, TO PARTICIPATE IN WORKSHOPS LED BY AAU STAFF, AND TO SUBMIT A FINAL GRANT REPORT NO LATER THAN 60 DAYS AFTER THE END OF THE GRANT PERIOD, INCLUDING A FINANCIAL REPORT OF EXPENSES INCURRED DURING THE ENTIRE GRANT PERIOD. THE GRANT WAS PAID IN TWO INSTALLMENTS AND THE SECOND INSTALLMENT WAS DISTRIBUTED UPON THE SUCCESSFUL SITE VISIT. X X X 1 0 X X X X 0 0 0 0 0 0 0 0 1 1 BARBARA R SNYDER PRESIDENT 724300 0 0 0 0 0 86374 0 50028 0 860702 0 0 0 MICHAEL OWENS EXEC VP & VP OF FED'L RELATIONS 284237 0 5500 0 0 0 28527 0 26904 0 345168 0 0 0 TOBIN SMITH VP OF SCIENCE PLCY & GLBL AFFAIRS 276496 0 5500 0 0 0 27510 0 26904 0 336410 0 0 0 PEDRO RIBEIRO VP OF COMMUNICATIONS 275599 0 5500 0 0 0 27510 0 26904 0 335513 0 0 0 ROXANNE MURRAY VP OF ADMINISTRATION 273149 0 5500 0 0 0 27510 0 26904 0 333063 0 0 0 EMILY MILLER DEPUTY VP OF POLICY 170741 0 2500 0 0 0 17299 0 26530 0 217070 0 0 0 JULIA JESTER ASSOCIATE VP OF FED'L RELATIONS 161112 0 5100 0 0 0 17321 0 26530 0 210063 0 0 0 LIZBET BOROUGHS ASSOCIATE VP OF FED'L RELATIONS 160822 0 1700 0 0 0 16291 0 26482 0 205295 0 0 0 EILEEN FOX CHIEF FINANCIAL OFFICER 165137 0 3200 0 0 0 16302 0 19644 0 204283 0 0 0 KENNETH GOLDSTEIN VP OF SURVEY RESEARCH & INST PLCY 158391 0 2500 0 0 0 16124 0 13452 0 190467 0 0 0 THOMAS BOZZO CHIEF INFORMATION OFFICER 142044 0 2000 0 0 0 14461 0 26393 0 184898 0 0 0 ROBERT MARUS ASSOCIATE VP OF COMMUNICATIONS 137544 0 2371 0 0 0 13755 0 10843 0 164513 0 0 0 PART I, LINE 1A: THE PRESIDENT OF THE ASSOCIATION PER THE EMPLOYMENT CONTRACT RECEIVES A HOUSING AND AUTOMOBILE ALLOWANCE. THE PRESIDENT TRAVELS FIRST CLASS FOR DOMESTIC FLIGHTS AND BUSINESS CLASS FOR INTERNATIONAL FLIGHTS. THE HOUSING ALLOWANCE IS A TAXABLE BENEFIT. PART I, LINES 8: AAU'S PRESIDENT, BARBARA R SNYDER, IS PAID UNDER AN INTIAL EMPLOYMENT CONTRACT THAT BEGAN ON OCTOBER 1, 2020, AND IS SCHEDULED TO TERMINATE ON SEPTEMBER 30, 2024. THE INTIAL TERM CAN BE EXTENDED FOR AN ADDITIONAL TWO YEARS. THE CONTRACT PROVIDES FOR A BASE SALARY, HOUSING AND AUTOMOBILE ALLOWANCES, PAID VACATION AND SICK LEAVE, LONG TERM DISABILITY AND LIFE INSURANCE, AND CONTRIBUTIONS TO 403(B) PLANS. MICHAEL SNYDER SPOUSE OF AAU PRESIDENT 30000 COORDINATES AND MANAGES PARTNERS' CONSTITUENT GROUP WHO MEET IN CONJUNCTION WITH THE PRESIDENTS/CHANCELLORS BI-ANNUALLY. HE WORKS WITH THE PROGRAM PLANNING COMMITTEE TO DEVELOP THE AGENDA, INVITES AND COORDINATES SPEAKERS. HE IS ALSO RESPONSIBLE FOR COORDINATING AND FACILITATING, WITH OTHER AAU STAFF, THE MENTOR PROGRAM FOR NEW PARTNERS. ACTS AS A SENIOR ADVISOR TO AAU'S PRESIDENT ON A WIDE RANGE OF MATTERS AND HELPS REPRESENT AAU TO A BROAD ARRAY OF EXTERNAL AND INTERNAL CONSTITUENTS, EITHER INDEPENDENTLY OR IN CONCERT WITH THE AAU PRESIDENT. 0 FORM 990, PART VI, SECTION A, LINE 2 THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION A, LINE 6 AAU'S MEMBERSHIP CONSISTS OF UNIVERSITIES OR MAJOR CAMPUSES OF MULTI-CAMPUS UNIVERSITIES. THE CRITERIA FOR ADMISSION ARE: HIGH QUALITY PROGRAMS OF ACADEMIC RESEARCH AND SCHOLARSHIP; UNDERGRADUATE, GRADUATE, AND PROFESSIONAL EDUCATION IN A SUBSTANTIAL NUMBER OF FIELDS; AND GENERAL RECOGNITION THAT SUCH MEMBER IS OUTSTANDING BY REASON OF THE EXCELLENCE OF ITS RESEARCH AND EDUCATION PROGRAMS. EACH MEMBER IS REPRESENTED BY ITS CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION A, LINE 7A AAU'S BOARD OF DIRECTORS CONSISTS OF A CHAIR, A VICE CHAIR, A PAST CHAIR, THE AAU PRESIDENT (NONVOTING), AND SEVEN ADDITIONAL DIRECTORS, WHO ARE ELECTED BY AAU'S MEMBERSHIP FROM AMONG THE MEMBER REPRESENTATIVES AT LARGE. THE PRESIDENT IS ELECTED BY THE BOARD, WHILE THE VICE CHAIR/CHAIR-ELECT IS ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B AAU'S BOARD DOES NOT HAVE THE POWER TO ALTER OR AMEND ANY ACTIONS OF THE MEMBERSHIP TAKEN IN A MEETING OF THE MEMBERS, NOR DOES IT HAVE THE AUTHORITY TO ELECT OR REMOVE ANY MEMBER REPRESENTATIVE, ADOPT A PLAN OF MERGER, OR AUTHORIZE THE VOLUNTARY DISSOLUTION OF THE CORPORATION. ADDITIONALLY, THE BOARD DOES NOT HAVE THE AUTHORITY THE NOMINATE OR REMOVE MEMBERS; THAT POWER IS HELD BY THE MEMBERSHIP. THE BOARD KEEPS A RECORD OF ITS PROCEEDINGS, WHICH ARE THEN REPORTED TO THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AAU'S PROFESSIONAL ACCOUNTING FIRM, AND REVIEWED BY THE CHIEF FINANCIAL OFFICER. A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING AT A QUARTERLY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENTS FORM 990, PART VI, SECTION B, LINE 15 BOARD RECOMMENDS AND APPROVES THE ANNUAL INCREASE FOR THE ORGANIZATION'S PRESIDENT BASED ON COMPARABLE SALARIES INCREASE OF OTHER SIMILAR ORGANIATIONS. OTHER OFFICERS AND KEY EMPLOYEES ARE APPROVED BY THE PRESIDENT BASED ON ANNUAL QUATT SALARY REPORT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES TO THE PUBLIC OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION A, LINE 1 AAU HAS AN EXECUTIVE COMMITTEE THAT EXERCISES THE POWERS OF THE FULL BOARD OF DIRECTORS, DURING INTERVALS BETWEEN BOARD MEETINGS, AND WHEN EXIGENT CIRCUMSTANCES MAKE A MEETING OF THE FULL BOARD IMPRACTICAL. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE FOUR PRIMARY OFFICERS OF AAU: THE CHAIR, THE VICE-CHAIR, THE IMMEDIATE PAST CHAIR, AND THE PRESIDENT.