Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIRMAN OF THE BOARD, THE PRESIDENT, THE VICE PRESIDENT, THE TREASURER, THE ASSISTANT TREASURER, THE SECRETARY, THE IMMEDIATE PAST CHAIRMAN OF THE BOARD, THE CHAIRMAN OF THE TRANSPORTATION GROUP, THE CHAIRMAN OF THE CRANE & RIGGING GROUP AND THE CHAIRMAN OF THE ALLIED GROUP. THEY MAY INSPECT THE OPERATIONS OF THE ASSOCIATION OFFICE AND ACTIVITIES, BUT THEY SHALL NOT FIX POLICIES NOR AUTHORIZE EXPENDITURES OF FUNDS IN EXCESS OF $5,000. THEY ARE AUTHORIZED TO INSPECT THE OPERATIONS AND ACTIVITIES OF THE ASSOCIATION'S OFFICE, INTERPRET POLICY AND APPROVE EXPENDITURE OF FUNDS AT TIMES THAT THE BOARD IS NOT IN SESSION. | |
| FORM 990, PART VI, SECTION A, LINE 2 | BOARD MEMBERS ALLEN I. KOENIG AND CHRISTOPHER A. KOENIG, HAVE FATHER AND SON RELATIONSHIP. BOARD MEMBERS JOHN AND PATRICIA MCTYRE ARE HUSBAND AND WIFE. BOARD MEMBERS LINDA AND LAWRENCE CURRAN ARE HUSBAND AND WIFE. | |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ASSOCIATION HAS MORE THAN 1,300 MEMBERS FROM 43 NATIONS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GOVERNING BODY IS ELECTED FROM THE MEMBERSHIP. EACH MEMBER HAS ONE VOTE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY AN ACCOUNTING FIRM AND THE DIRECTOR OF FINANCE AND EXECUTIVE VICE PRESIDENT REVIEW THE FORM 990. THE FORM WILL BE FILED WITH THE IRS AND SHARED WITH THE BOARD TREASURER. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE HIRES AN INDEPENDENT CONSULTANT TO ACCUMULATE COMPENSATION DATA AND REVIEWS COMPARABILITY DATA FROM A PUBLISHED SOURCE AND FORM 990S FROM SIMILAR ORGANIZATIONS TO DETERMINE REASONABLENESS OF COMPENSATION. THIS REVIEW OCCURS EVERY OTHER YEAR. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASSOCIATION WILL PROVIDE CERTAIN GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ON A CASE-BY-CASE REVIEW. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 256,021. PRIOR PERIOD ADJUSTMENTS: 351,972. TOTAL TO FORM 990, PART XI, LINE 5: 607,993. |
| RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT | FORM 990 PART XI, LINE 2C | THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
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