2024-03-06T16:31:50-05:00 2023-07-31 061131035 Francine Cornaglia CPAPFS PO Box 617 Chester CT 06412 990 2022-08-01 852515466 THE ASSOCIATION OF CHINA AND MONGOLIA INTERNATIONA ASSO 5183 S BISCAY CT CENTENNIAL CO 80015 TOM ULMET EXECUTIVE DIREC 3035513308 2023-10-23 true TOM ULMET XXX-XX-XXXX Francine Cornaglia P00133031 8605263247 2024-03-06 X 0 00 AAL1 IAL1 2022 2023-04-26 12:10:37Z TOM ULMET 1062117 false X HTTPS://WWW.ACAMIS.ORG/ X 2000 CO WE WERE FORMED FOR THE CHARITABLE AND EDUCATIONAL PURPOSE OF PROVIDING LEARNING OPPORTUNITIES FOR SCHOOL CHILDREN IN ARTS, CULTURE AND SPORTS, AS WELL AS PROFESSIONAL DEVELOPMENT FOR TEACHERS. 7 7 0 40 0 0 174030 242677 122399 392396 -3306 -7165 0 293123 627908 12600 11500 0 142654 151501 0 0 366849 453716 522103 616717 -228980 11191 1379310 1392321 93598 49455 1285712 1342866 WE WERE FORMED FOR THE CHARITABLE AND EDUCATIONAL PURPOSE OF PROVIDING LEARNING OPPORTUNITIES FOR SCHOOL CHILDREN IN ARTS, CULTURE AND SPORTS, AS WELL AS PROFESSIONAL DEVELOPMENT FOR TEACHERS. false false 38104 104425 LEADERSHIP CONFERENCE 34023 87020 CHINESE CONFERENCE 17535 46535 TECHNOLOGY CONFERENCE 136269 11500 154416 VARIOUS CONFERENCES, WORKSHOPS AND GRANTS EXCEPT FOR THE THREE LARGEST 136269 11500 154416 225931 true false false false false false false false false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false true HK false false false false false false false false false false false false false X 7 7 false false false false true true true true true false false true true true true false true true false false CO X TOM ULMET 3035513308 5183 S BISCAY CT CENTENNIAL CO 80015 TOM ULMET EXECUTIVE DIRECTOR 40.00 0.00 X 126501 0 0 CLARE MCDERMOTT DIRECTOR 1.00 0.00 X 0 0 0 HOWARD STRIBBELL DIRECTOR 1.00 0.00 X 0 0 0 DANIEL LEGAULT DIRECTOR 1.00 0.00 X 0 0 0 LILY LIU DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM ELMAN VICE PRESIDENT 1.00 0.00 X X 0 0 0 STEVE MOODY PRESIDENT 3.00 0.00 X X 0 0 0 JEFFRY STUBBS BOARD OFFICER AND SECRETARY 1.00 0.00 X X 0 0 0 STEPHEN DARE TREASURER 2.00 0.00 X 0 0 0 126501 0 0 1 false false false 167200 75477 242677 CONFERENCES AND WORKSHO 611710 392396 392396 392396 28896 28896 398148 434209 -36061 -36061 -36061 627908 385231 0 0 11500 11500 126501 126501 25000 25000 126265 126265 10308 10308 13782 13782 17823 17823 23401 23401 38135 38135 214431 214431 6064 6064 FOREX LOSSES 3507 3507 616717 225931 390786 0 351448 326231 7455 2739 25904 24492 70876 970011 992475 1379310 1392321 75854 49455 17744 93598 49455 X 150941 150941 1134771 1191925 1285712 1342866 1379310 1392321 11191 -104375 150338 0 X true X true X true false X 0 0 141705 174030 242677 558412 282391 122399 392397 797187 0 0 424096 296429 635074 1355599 1355599 16 5 2550 2571 16 5 2550 2571 44733 44733 0 0 424112 296434 682357 1402903 X 637624 9716 9716 627908 627908 558200 -58517 -58517 616717 616717 Other revenues not included on Form 990 (Part XI, line 2d) CLIENTS AUDITOR HAS MARKED ITS INVESTMENT ACCOUNT TO MARKET EACH YEAR INSTEAD OF SPLITTING EACH ELEMENT OF INVESTMENT INCOME/COST INTO ITS PARTS. THE AUDITED FINANCIALS THEREFORE DO NOT INCLUDE INFORMATION ON DIVIDENDS RECEIVED, INVESTMENT MANAGEMENT FEES OR REALIZED LOSS. THE ASSOCIATION HAD A REALIZED LOSS OF $36,061 AND DIVIDENDS RCVD OF 26,337 ALONG WITH $9 OF INTEREST THAN RECOGNIZED ON THE AUDITED FINANCIALS. TOTAL ADJUSTMENT OF $9716 IS $36061 MINUS $26337 MINUS $9 PLUS ONE DOLLAR OF ROUNDING ERROR Other expenses not included on Form 990 (Part XII, line 2d) CLIENTS AUDITED FINANCIAL STATEMENTS INCLUDED A REVERSAL OF IMPAIRMENT GAIN OF $44,733 BUT FOR THE 990 WE HAVE CHOSEN TO RECORD EACH ELEMENT OF INVESTMENT INCOME SEPARATELY, SUCH AS DIVIDENDS AND REALIZED LOSS AS RECOGNIZED ON THE 990. FURTHERMORE, INVESTMENT MANAGEMENT COSTS OF $13,782 WERE NOT INCLUDED IN THE AUDITED FINANCIAL STATEMENTS. TOTAL ADJUSTMENT OF $58,517 IS THE SUM OF $44,733 WITH $13,782 WITH $2 OF ROUNDING ERROR true EAST ASIA AND THE PACIFIC 1 2 PROGRAM SERVICES CONFERENCES AND WORK 211317 EAST ASIA AND THE PACIFIC PROGRAM SERVICES MEMBER SERVICE 342955 EAST ASIA AND THE PACIFIC PROGRAM SERVICES AWARDSGRANTS 11500 EAST ASIA AND THE PACIFIC INVESTMENTS 326231 1 2 1 2 892003 892003 false false false false false false Members or stockholder classes and rights Part VI line 6 ACAMIS ONLY HAS MEMBERS, WITH EACH MEMBER BEING A MEMBER SCHOOL. THERE ARE NO STOCKHOLDERS. MEMBERS MUST MEET MEMBERSHIP STANDARDS AND PAY AN ANNUAL MEMBERSHIP FEE. MEMBERS HAVE RIGHTS OF ACCESS TO ACAMIS PROFESSIONAL DEVELOPMENT TRAINING AT DISCOUNTED MEMBER RATES AND ALSO FOR THEIR STUDENTS TO PARTICIPATE IN STUDENT ACTIVITIES OFFERED BY ACAMIS.MEMBERS ALSO HAVE VOTING RIGHTS RE DIRECTOR APPOINTMENT TO THE GOVERNING BODY AND RE ANY PROPOSED CHANGES TO THE ARTICLES OF ASSOCIATION, WITH EACH MEMBER HAVING 1 VOTE. Member election for additional members Part VI line 7a MEMBERS HAVE VOTING RIGHTS RE DIRECTOR APPOINTMENT TO THE GOVERNING BODY AND TO ANY CHANGES TO THE ARTICLES OF ASSOCIATION - EACH MEMBER SCHOOL HAS 1 VOTE. Governing body decisions Part VI line 7b MEMBERS HAVE VOTING RIGHTS RE DIRECTOR APPOINTMENT TO THE GOVERNING BODY AND TO ANY CHANGES TO THE ARTICLES OF ASSOCIATION - EACH MEMBER SCHOOL HAS 1 VOTE Form 990 governing body review Part VI line 11 A DRAFT OF THE COMPLETED FORM 990 WILL BE SUPPLIED TO ALL MEMBERS OF THE GOVERNING BODY AND THEY WILL BE REQUESTED TO REVIEW THE DETAILS AND TO ASK CLARIFYING QUESTIONS IF NEEDED. IF NECESSARY, AMENDMENTS WILL THEN BE MADE PRIOR TO FILING. A BOARD RESOLUTION WILL BE MADE TO APPROVE THE FILING AND RECORDED IN MEETING MINUTES. Conflict of interest policy compliance Part VI line 12c AT THE FIRST BOARD MEETING OF EACH FISCAL YEAR, ALL MEMBERS OF THE GOVERNING BODY ARE ASKED TO CONSIDER WHETHER THEY HAVE ANY CONFLICTS OF INTEREST TO DISCLOSE AND IF SO, TO THEN MAKE WRITTEN DISCLOSURE AND IF NOT, THEY INSTEAD SIGN A NO CONFLICTS OF INTEREST DECLARATION. OUR STRICT FINANCIAL PROCESSES INVOLVE NO REMUNERATION TO MEMBERS OF THE GOVERNING BODY AND WE ONLY REIMBURSE LEGITIMATE SUBSTANTIATED EXPENSES FOR THINGS SUCH AS TRAVEL, MEALS AND ACCOMMODATION TO ATTEND BOARD MEETINGS. SUCH PROCESSES/POLICIES HELP ENSURE NO CONFLICTS OF INTEREST OCCUR CEO executive director top management comp Part VI line 15a WE HAVE JUST CONDUCTED A SEARCH FOR A NEW EXECUTIVE DIRECTOR. BEFORE SELECTING A CANDIDATE, WE CONSULTED WITH SIMILAR ORGANIZATIONS TO OBTAIN COMPARATIVE DATA IN ORDER TO DETERMINE REASONABLE COMPENSATION AND BENEFITS AND THE PACKAGE DID HAVE TO BE UPGRADED DUE TO CHANGES IN THE MARKET. THE COMPENSATION OF THE CURRENT EXECUTIVE DIRECTOR IS THEREFORE BELOW CURRENT MARKET LEVELS Governing documents etc available to public Part VI line 19 OUR ARTICLES OF ASSOCIATION, MINUTES OF MEETINGS OF THE GOVERNING BODY AND CONFLICT OF INTEREST POLICY ARE AVAILABLE PUBLICLY ON OUR WEBSITE, ALONG WITH A STATEMENT THAT A COPY OF OUR FORM 990, FORM 1023 AND DETERMINATION LETTER WILL BE PROVIDED UPON REQUEST BY EMAILING: FINANCE@ACAMIS.ORG