Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION IS ORGANIZED AS AN ASSOCIATION WITH MEMBERS. ACTIVE MEMBERS HAVE THE RIGHT TO VOTE FOR THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | ACTIVE MEMBERS ARE ENTITLED TO VOTE FOR THE GOVERNING BODY/BOARD OF DIRECTORS. THE OFFICERS AND MEMBERS OF THE GOVERNING BODY ARE ELECTED AT THE ANNUAL MEETING OF THE ASSOCIATION, OR ANY SPECIAL MEETING CALLED AND HELD FOR THAT PURPOSE. IN ABSENCE OF THIS MEETING THE BOARD OF DIRECTORS CAN FILL VACANCIES DURING THE YEAR. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE ASSOCIATION WILL ELECTRONICALLY SEND A COPY OF THE 2010, 990 TAX RETURN TO THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN WITH THE IRS. THIS WILL SERVE AS A COMMUNICATION TO THE BOARD OF DIRECTORS REGARDING THE INFORMATION CONTAINED IN THE RETURN AND THAT THE RETURN IS IN THE PROCESS OF BEING FILED. MEMBERS OF THE ORGANIZATION'S MANAGEMENT WILL ALSO REVIEW THE FINAL FORM 990 PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS AND KEY STAFF ARE REQUIRED TO ANNUALLY SIGN A DOCUMENT INQUIRING IF THERE ARE ANY CONFLICTS OF INTEREST. FOR EACH INTEREST DISCLOSED, THE CHPA EXECUTIVE COMMITTEE CAN: (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS; (C) ASK THE PERSON TO RECUSE HIMSELF/HERSELF FROM PARTICIPATION IN RELATED BOARD DISCUSSIONS OR DECISIONS; OR (D) RECOMMEND ADDITIONAL BOARD ACTION. CHPA'S PRESIDENT AND GENERAL COUNSEL WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE EXECUTIVE BOARD IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. DISCUSSION AND DECISIONS REGARDING CONFLICTS OF INTEREST SHALL BE PROPERLY RECORDED IN THE MINUTES OF THE EXECUTIVE COMMITTEE AND BOARD. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT, SENIOR VICE PRESIDENTS, AND VICE PRESIDENTS COMPENSATION WERE REVIEWED BY AN OUTSIDE THIRD PARTY CONSULTING FIRM IN THE FOURTH QUARTER OF 2010. THE CONSULTING FIRM COLLECTED COMPARABLE COMPENSATION DATA FROM SIMILAR ORGANIZATION'S 990 TAX RETURNS AND COMPENSATION SURVEYS OF OTHER LIKE ORGANIZATIONS. COMPENSATION RECOMMENDATIONS WERE MADE TO THE ASSOCIATION'S PERSONNEL COMMITTEE AND THE EXECUTIVE GROUP OF THE BOARD OF DIRECTORS. THE PERSONNEL COMMITTEE APPROVED THE CURRENT COMPENSATION IN OCTOBER 2010. 15B. THE ASSOCIATION RETAINS AN INDEPENDENT OUTSIDE COMPENSATION CONSULTING FIRM TO REVIEW AND COMPARE SALARIES OF OTHER OFFICERS AND KEY EMPLOYEES WITH COMPARABLE POSITIONS WITHIN THE INDUSTY. THE RESULTS ARE PRESENTED TO THE PERSONNEL COMMITTEE OF THE GOVERNING BODY FOR APPROVAL. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASSOCIATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THE PRESENT TIME. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS (LOSSES) ON INTVESTMENTS 312,294. TOTAL TO FORM 990, PART XI, LINE 5: 312,294. |
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