AAMFT Board Operating Principles
The AAMFT Board is committed to the following principles in its governing and interactions with members:
1. A respectful and professional environment
The AAMFT Board of Directors is committed to dialogue, and we recognize that it is our responsibility, as the group elected by the membership of the organization, to establish the ground and context in which dialogue occurs. It is our responsibility to do this to ensure that all voices are heard, and that no subset of members is able to gain privilege in a way that is disrespectful of others or other parts of the organization.
POLICY TYPE: GOVERNANCE PROCESS
POLICY TITLE: AUDIT COMMITTEE JOB DESCRIPTION
The job of the Audit Committee is to assist the Board of Directors with fulfilling its oversight responsibilities with respect to: (1) the audit process and (2) the system of internal controls that the management and the Board of Directors have established. The Committee should have a clear understanding with the outside auditors that they must maintain an open and transparent relationship with the Committee, and that the ultimate accountability of the outside auditors is to the Board of Directors.
Full Audit Committee Policies
President and President Elect Stipends
The president’s job has evolved, in reality, to at least a half time position in terms of time requirements to fulfill the role. The president’s job includes attending three weekend meetings per year, making other trips representing the association, preparing for Board and association meetings, and generally handling Board and association business whenever issues come up 7 days a week/365 days a year. The first year of the two-year president-elect term is considered to entail a quarter of that work, and the second year of the president-elect term is considered to entail half of that work.
Information on Presidential Stipends
AAMFT Corporate Structure and Salary Allocations
AAMFT is three legal entities, plus the AAMFT PAC. The AAMFT, Inc., is a 501 (c) 6 organization. It is the entity to which members belong and pay dues, and as a (c) 6 organization, can spend on lobbying without running afoul of IRS rules.
Information on Association Corporate Structure and Salary Allocations
Explanation of Financial Graphs and Accounting Practices
As a Board, we recognize that not all of our members may be familiar with accounting concepts, rules, or AAMFT practices. Therefore, we would like to provide a brief explanation of the graphs regarding surplus and deficit trends and revenue/expense trends over the last decade.
Explanation of Financial Graphs and Accounting Practice
Membership Trends (pdf)
Dues Trends (pdf)
Revenue and Expense Trends (pdf)
Revenue Breakdown (pdf)
Surplus Deficit Trends (pdf)
*Note: With the exceptions of 2002, when AAMFT purchased its headquarters building, and 2008, due to unrealized investment losses, AAMFT has operated with surplus and stability.