Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION CHANGED ITS BYLAWS TO UPDATE THE TERMS OF OFFICE AND VACANCIES WITH REGARDS TO UNEXPIRED TERMS. THE ORGANIZATION ALSO CHANGED ITS BYLAWS TO STRENGTHEN THE RULES OF PROFESSIONAL CONDUCT. | |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERSHIP IS LIMITED TO PHYSICIANS WHO ARE LICENSED TO PRACTICE MEDICINE IN THE STATE OF TEXAS AND ARE MEMBERS OF EITHER THE TEXAS MEDICAL ASSOCIATION OR THE TEXAS OSTEOPATHIC MEDICAL ASSOCIATION. | |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ELECT TRUSTEES FROM A SLATE OF CANDIDATES CHOSEN BY THE NOMINATING COMMITTEE. | |
| FORM 990, PART VI, SECTION A, LINE 7B | EACH MEMBER SHALL BE ENTITLED TO ONE VOTE ON ALL MATTERS WHICH ARE SUBMITTED TO THE MEMBERSHIP. DURING ANY PERIOD IN WHICH MEMBERSHIP IN TMF IS SUSPENDED, THAT MEMBER WILL NOT BE ELIGIBLE TO VOTE. ALSO, THE BOARD NOW MAKES A RECOMMENDATION ON BYLAW CHANGES (AMENDMENTS) AND THE MEMBERS APPROVE THE BYLAW CHANGES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE SECRETARY/TREASURER OF THE FINANCE COMMITTEE OF THE TMF HEALTH QUALITY INSTITUTE BOARD OF TRUSTEES WILL RECEIVE A COPY OF THE IRS FORM 990 TAX RETURN PRIOR TO ITS FILING WITH THE IRS. THE SECRETARY/TREASURER AND THE SENIOR VICE PRESIDENT OF CORPORATE FINANCE AND SUPPORT/CFO WILL REVIEW THE FORM. THE REVIEW WILL INCLUDE THE FOLLOWING: * DISCUSSION OF NEW IRS REQUIREMENTS AND REVISIONS TO THE FORM 990 FROM THE PREVIOUS YEAR * BRIEF DESCRIPTION OF SCHEDULES AND RELATED ATTACHMENTS ALL MEMBERS OF THE BOARD OF TRUSTEES WILL RECEIVE A PRINTED OR ELECTRONIC COPY OF THE COMPLETED FORM 990 PRIOR TO THE FILING OF THE IRS FORM 990. DURING THE NEXT SCHEDULED BOARD MEETING, THE FINANCE COMMITTEE WILL DISCUSS THE IRS FORM 990 AND REPORT TO THE FULL BOARD. THERE WILL BE AN OPPORTUNITY FOR ALL BOARD MEMBERS TO ASK QUESTIONS REGARDING THE TAX RETURN DURING THE FINANCE COMMITTEE REPORT TO THE BOARD. ANY DISCUSSIONS OF THE COMPLETED IRS FORM 990 WILL BE DOCUMENTED IN THE MINUTES. | |
| FORM 990, PART VI, SECTION B, LINE 12C | TMF HAS A CORPORATE COMPLIANCE PROGRAM CONSISTING OF A COMPLIANCE COMMITTEE, CODE OF CONDUCT EDUCATION AND MONITORING ELEMENTS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD EVALUATES THE CEO IN EXECUTIVE SESSION & DETERMINES THE AMOUNT OF COMPENSATION, COMPARABLE INFORMATION IS AVAILABLE, THE DISCUSSIONS ARE DOCUMENTED. COMPENSATION FOR OTHER OFFICERS & KEY EMPLOYEES IS SET BY THE CEO BASED ON AVAILABLE INFORMATION FROM INDEPENDENT SURVEYS AND REVIEWED WITH THE BOARD. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON REQUEST. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 1,050,917. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS OF OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |
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