Report for fiscal year 2014
Our by-laws require that an independent committee appointed by the MAPS Board of Directors in consultation with the University, meet to review how MAPS is doing under its new governance and operating frameworks and note any issues of non-compliance.
The first full year to review was 2014 and the Committee met in January and February 2015 to review materials and ask questions of the Association regarding operations, services, finances, and engagement with our members. The Committee confirmed that MAPS has managed to achieve its goals and operating within its new structure.
To view the report, click on the above hyperlink.
The Board of Directors approved a revised budget at its July 2015 meeting.
2013-2015 Proactive Expense Disclosure
The Association reports on expenses reimbursed to officers and directors of the Association for travel, meals, and other personal expenses incurred on Association business. For more information on disclosure, please see Operational Policy 013 - Expense Disclosure.
Finance and Financial Reporting Policies
Staff Compensation Rates
At its July 2014 meeting, the Board of Directors approved the compensation ranges for all staff. The statement can be viewed here.
MAPS' policy on expense reimbursements requires the claimant to be authorized to make an expense on the association's behalf, must have actually incurred an expense, must submit original receipts, and must not exceed certain dollar values without pre-approval.
Claimants may download and complete this expense reimbursement form, and submit a signed copy, with original receipts attached, to our office.
Audited Financial Statements