Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | VOTING MEMBERS NEWSPAPERS OF GENERAL CIRCULATION: THESE MEMBERS SHALL BE REPRESENTED BY THEIR MEMBERSHIP REPRESENTATIVE IF THEY HAVE FREE DISTRIBUTION, WITH CERTAIN SPECIFIC CONDITIONS WHICH ARE DETAILED ON WWW.NAA.ORG. | |
| FORM 990, PART VI, SECTION A, LINE 7A | VOTING MEMBERS DESCRIBED IN LINE 6 ELECT THE BOARD OF DIRECTORS OF NAA. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE GENERAL MEMBERSHIP MAY, AT CERTAIN TIMES, MAKE A MOTION FOR BOARD ACTION. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 WILL BE COMPLETED THEN REVIEWED BY THE PRESIDENT AND CEO. | |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, DIRECTORS AND TRUSTEES RECEIVE A CONFLICT OF INTEREST AGREEMENT FROM THE NAA GENERAL COUNSEL AND EXECUTE ANNUALLY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS HAS DELEGATED OVERSIGHT OF CEO COMPENSATION TO A COMPENSATION COMMITTEE MADE OF MEMBERS OF THE BOARD. THE CHAIRMAN OF THE COMPENSATION COMMITTEE SET FORTH THE DECISION OF THE COMMITTEE IN MEMORANDUM FORM THAT WAS MADE A PERMANENT RECORD OF THE ASSOCIATION. THE RESULTS OF THE COMPENSATION COMMITTEE'S DELIBERATIONS WERE APPROVED BY THE FULL BOARD OF DIRECTORS. THE BOARD OF DIRECTORS HAS DELEGATED RESPONSIBILITY TO ESTABLISH COMPENSATION FOR OFFICERS AND KEY EMPLOYEES TO THE PRESIDENT/CEO, WITH AN ANNUAL REVIEW BY THE COMPENSATION COMMITTEE. THE ASSOCIATION PERIODICALLY ENGAGES AN OUTSIDE FIRM TO PROVIDE COMPARABILITY STUDIES THAT ARE REVIEWED AND USED BY THE PRESIDENT/CEO FOR THE PURPOSE OF DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 1,455,235. |
| FORM 990, PART VII | HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONS MARGARET VASSILIKOS 10.0 HRS PER WEEK NAA FOUNDATION JOHN STURM 5.0 HRS PER WEEK NAA FOUNDATION | |
| FORM 990, PART V, LINE 2A | THREE OF THE EMPLOYEES REPORTED ON NAA'S FORM W-3 ARE DEDICATED TO WORK FOR NEWSPAPER ASSOCIATION OF AMERICA FOUNDATION. |
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