Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATION SHALL HAVE THREE (3) CLASSES OF MEMBERS. THE DESIGNATION OF SUCH CLASSES AND THE QUALIFICATION OF THE MEMBERS OF SUCH CLASSES SHALL BE AS FOLLOWS: 1. INDIVIDUAL MEMBERSHIP - THE INDIVIDUAL IS ENTITLED TO PARTICIPATE IN ALL BENEFIT PROGRAMS OFFERED BY THE CORPORATION. 2. FAMILY MEMBERSHIP - THE MEMBER AND HIS FAMILY ARE ENTITLED TO PARTICIPATE IN ALL BENEFIT PROGRAMS OFFERED BY THE CORPORATION. 3. LIMITED MEMBERSHIP - THE MEMBER IS ENTITLED TO PARTICIPATE ONLY IN CERTIAN DESIGNATED BENEFIT PROGRAMS OFFERED BY THE CORPORATION. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE TRUSTEES SHALL BE ELECTED BY MEMBERS OF THE CORPORATION AT THE ANNUAL MEETING OF THE MEMBERS. PURSUANT TO SECTION 1702.26 OF THE OHIO REVISED CODE, ONLY PERSONS NOMINATED AS CANDIDATES SHALL BE ELIGIBLE FOR ELECTION TO THE BOARD OF TRUSTEES. | |
| FORM 990, PART VI, SECTION A, LINE 7B | EACH MEMBER OF ANY CLASS OF MEMBERSHIP SHALL BE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS BY THE BOARD OF TRUSTEES. VOTING MAY BE IN PERSON OR BY PROXY PROVIDED THAT NO PROXY MAY BE USED FOR VOTING PURPOSES UNLESS THE ORIGINAL OF THE PROXY IS FILED WITH THE SECRETARY OF THE CORPORATION AT LEAST SEVEN (7) DAYS BEFORE THE MEETING AT WHICH IT IS TO BE USED. | |
| FORM 990, PART VI, SECTION A, LINE 8B | NO FORMAL COMMITTEES EXIST INDEPENDENT OF THE BOARD OF DIRECTORS | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE DIRECTOR OF ADMINISTRATION AND FINANCES AND THE CHAIRMAN OF THE BOARD REVIEW THE 990 AND MAKE A COPY AVAILABLE TO THE FULL BOARD TO REVIEW. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION ADDRESSES CONFLICT OF INTEREST IN THEIR CODE OF CONDUCT. EMPLOYEES MUST OBTAIN THE CLEARANCE OF THE EXECUTIVE DIRECTOR BEFORE ACCEPTING POSITIONS IN COMMISSIONS AND BOARDS. THE EXECUTIVE DIRECTOR MUST OBTAIN THE PRIOR APPROVAL OF THE BOARD OF TRUESTEES BEFORE ACCEPTING A POSITION ON A BOARD. EMPLOYEES SHALL NOT PERSONALLY PROFIT (OUTSIDE OF THEIR EMPLOYMENT AGREEMENT) FROM TAXPAYERS NETWORK INC.: NOT LIMITED TO VENDORS, CONTRACTS, AND/OR SERVICE AGREEMENTS. TAXPAYERS NETORK DOES NOT ENCOURAGE EMPLOYMENT OF IMMEDIATE FAMILY MEMEBRS. WHEN MORE THAN ONE FAMILY MEMBER IS EMPLOYED BY TAXPAYERS NETWORK, INC. ONE SHOULD NOT BE POSITIONED TO SUPERVISE OR CONTROL THE OTHER. | |
| FORM 990, PART VI, SECTION B, LINE 15A | EACH YEAR, THE BOARD OF TRUSTEES IS RESPONSIBLE FOR DETERMINING EMPLOYEE'S SALARIES, BONUS AND BENEFITS. THE PROCESS THE BOARD USES INCLUDES THE FOLLOWING GUIDELINES: 1) CURRENT RATE OF INFLATION - THE BOARD WILL CONSIDER ADJUSTING THE SALARIES ACCORDINGLY. 2) DISCRETIONARY OBJECTIVES - INITIALLY THE BOARD REVIEWS EACH EMPLOYEE'S SUCCESS RATE IN MEETING THE ORGANIZATION'S OVERALL OBJECTIVES AND GOALS. NEXT, THE BOARD ACCESSES THE INDIVIDUAL'S WORK PRODUCT BASED ON THEIR POSITION'S SPECIFIC GOALS AND OBJECTIVES. 3)REVIEW OF SALARIES AMOUNG COMPARABLE POSITIONS. THE BOARD EVALUATES, BUT IS NOT LIMITED TO, COMPENSATIONS ASSIGNED TO POSITIONS WITHIN A SIMILAR STRUCTURE; NATIONAL SCOPE; GEOGRAPHIC LOCATIONS; MEMBER AND PUBLIC EDUCATION OUTREACH. | |
| FORM 990, PART VI, SECTION C, LINE 19 | REPORTS ARE AVAILABLE UPON REQUEST BY THE GENERAL PUBLIC WITH BOARD APPROVAL. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 27,661. |
| OVERSIGHT OF THE AUDIT | FORM 990, PART XI, LINE 2C | THE TRUSTEES HAVE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANTS |
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