Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| ADDITIONAL INFORMATION | FORM 990, PART V | THE ASSOCIATION REPORTS ITS INVESTMENT IN WMMA WORLDWIDE EXPORTS, INC. AND WMMA INDIA EXPORTS, INC., WHOLLY OWNED SUBSIDIARIES, ON EQUITY METHOD OF ACCOUNTING. IN OUR OPINION, ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE THAT ALL MAJORITY-OWNED SUBSIDIARIES BE ACCOUNTED FOR AS CONSOLIDATED SUBSIDIARIES. THE ASSETS AND LIABILITIES, REVENUES AND EXPENSES PER THE YEARS ENDED DECEMBER 31, 2010 AND 2009 ARE NOT AVAILABLE AND ACCORDINGLY THE SUBSIDIARIES EQUITY IS NOT RECORDED PROPERLY. THE SUBSIDIARIES INVESTED IN AN ENTITY IN INDIA THAT WILL DEVELOP MATERIALS AND PROMOTE THE ASSOCIATION'S MEMBERS' PRODUCTS TO THE INDIAN MARKETS. THE ENTITY IN INDIA IS ACTIVE AND HAS A FOREIGN BANK ACCOUNT, BUT SINCE INFORMATION IS UNAVAILABLE FOR THE SUBSIDIARIES, IT IS UNKNOWN WHETHER FORM TD 90-22.1 WAS FILED. |
| FINANCIAL ACCOUNTS IN FOREIGN COUNTRIES | FORM 990, PART V, LINE 4B | INDIA |
| MANAGEMENT DELEGATED | FORM 990, PAGE 6, PART VI, LINE 3 | YES. THE ORGANIZATION ENGAGED THE SERVICES OF FERNLEY AND FERNLEY FOR PART OF THE YEAR AND THE ASSOCIATION OF WOODWORKING & FURNISHINGS SUPPLIERS FOR THE REST OF THE YEAR TO MANAGE ITS AFFAIRS. |
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | YES. THE ORGANIZATION HAS MEMBERS. THE ORGANIZATION'S BYLAWS PROVIDE THAT ONLY THE BOARD OF DIRECTORS SHALL HAVE THE RIGHT TO VOTE FOR OR ON ANY MATTER UNDER THE BYLAWS, INCLUDING BUT NOT LIMITED TO, THE RIGHT TO VOTE FOR THE ELECTION OF A DIRECTOR OR DIRECTORS, OR ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS, OR ON A DISSOLUTION, OR ON ANY CHANGES TO THE ARTICLES OF INCORPORATION OR THE BYLAWS. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | YES. THE BOARD OF DIRECTORS ESTABLISHES THE POLICIES GOVERNING THE CONDUCT OF ELECTIONS. AT THE ANNUAL MEETINGS A MAJORITY OF THE VOTING MEMBERS PRESENT AND VOTING SHALL ELECT SUCH NUMBER OF DIRECTORS AS NECESSARY TO FILL VACANCIES OF DIRECTORS WHOSE TERMS EXPIRE AS OF SUCH MEETING. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | YES. FROM TIME TO TIME SPECIAL MEETINGS MAY BE CALLED BY THE MEMBERS OF THE ORGANZIATION TO REVIEW DECISIONS MADE BY THE BOARD OF DIRECTORS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | ELECTRONIC DRAFT COPIES ARE SENT TO CERTAIN MEMBERS OF THE BOARD TO REVIEW AND APPROVE. QUESTIONS, IF ANY, ARE SENT TO THE ACCOUNTANT FOR REPSONSES PRIOR TO APPROVAL. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | MEMBERS OF THE BOARD ARE RQUIRED TO SIGN A DOCUMENT STATING THAT THEY HAVE NO CONFLICTS OF INTEREST BETWEEN THEM AND ANY OUTSIDE PARTIES THAT WOULD DIMINISH THEIR CAPACITY TO SERVE. THIS PROCEDURE IS DONE ON A YEARLY BASIS. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | ANY MEMBER OF THE GENERAL PUBLIC MAY APPEAR AT THE MANAGEMENT OFFICES OF THE ASSOCIATION AND REQUEST TO INSPECT COPIES OF: ASSOCIATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS OR FORM 990. |
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