Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIR, VICE-CHAIR AND FISCAL OFFICER OF THE NBC. THE NBC TRUST ALLOWS THE EXECUTIVE COMMITTEE TO SERVE AS A BUDGET AND FINANCE COMMITTEE, WHICH MEANS THAT THEY REVIEW MONTHLY FINANCIALS BETWEEN BOARD MEETINGS AND WORK WITH STAFF TO DEVELOP THE ANNUAL BUDGET, WHICH THEN GOES TO THE FULL BOARD FOR APPROVAL. THE EXECUTIVE COMMITTEE ALSO OCCASIONALLY WORK TO NEGOTIATE CONTRACTS, ALTHOUGH THE FINAL CONTRACTS ARE APPROVED BY THE FULL BOARD. | |
| FORM 990, PART VI, SECTION A, LINE 3 | NBC CONTRACTS WITH A PROFESSIONAL MANAGEMENT COMPANY. THIS COMPANY, PARTNERS IN ASSOCIATION MANAGEMENT PROVIDES SERVICES INCLUDING (BUT NOT LIMINTED TO) EXECUTIVE AND ADMINISTRATIVE STAFFING, OFFICE SPACE AND EQUIPMENT. THE MANAGEMENT COMPANY IS DIRECTLY ACCOUNTABLE TO THE NBC BOARD OF TRUSTEES WHO CLOSELY MONITOR THE FINANCIALS AND ADMINISTRATIVE PROGRAMS OF THE ASSOCIATION. | |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION DOES NOT HAVE "MEMBERS," BUT RATHER SERVE A CONSTITUENCY OF CERTIFIED DENTAL TECHNICIANS AND CERTIFIED DENTAL LABORATORIES AND RECOGNIZED GRADUATES. THE BOARD OF DIRECTORS IS COMPRISED INDIVIDUALS WITH A VEST INTEREST IN THE INDUSTRY. | |
| FORM 990, PART VI, SECTION A, LINE 7A | OUR BOARD OF TRUSTEES HAS BOTH ELECTED AND APPOINTED SEATS, HOWEVER ALL SEATS ARE DERIVED FROM AN OPEN NOMINATIONS PROCESS WHERE ANY MEMBER IN GOOD STANDING CAN NOMINATE FOR ANY OPEN POSITION. CERTIFIED DENTAL TECHNICIANS (CDTS) ARE ABLE TO VOTE FOR THE ELECTED TRUST REPRESENTATIVE SEAT. NOMINATIONS FOR THE DENTIST SEAT ARE SOLICITED FROM OTHER DENTAL ORGANIZATION. EACH CERTIFIED DENTAL TECHNICIAN (CDT) IN GOOD STANDING IS ENTITLED TO A VOTE. THE MOST COMMON VOTING IS TO ELECT A TRUST REPRESENTATIVE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE DRAFT AND FINAL VERSIONS OF THE FORM 990 ARE SHARED WITH THE ENTIRE BOARD OF DIRECTORS FOR REVIEW AND ACCEPTANCE. PRIOR TO PRESENTING THE RETURN TO THE GOVERNING BODY, THE ORGANIZATION'S MANAGEMENT DOES REVIEW THE DOCUMENT, IN ADDITION TO A REVIEW BY THE ORGANIZATION'S TREASURER. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL VOLUNTEERS IN A POSITION OF AUTHORITY ARE COVERED UNDER OUR POLICY. WE PROVIDE ANNUAL TRAINING ON THIS TOPIC DURING OUR BOARD ORIENTATION AND REVIEW. THE FOUNDATION OF OUR POLICY IS DISCLOSURE SO THAT THE FULL TRUST CAN DETERMINE IF A CONFLICT EXISTS. IF THE TRUST DETERMINED THAT A CONFLICT DID EXIST THEN THAT PERSON WOULD BE ASKED TO EXCUSE HIM/HERSELF FROM THE DECISION MAKING PROCESS. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE ORGANIZATION DOES NOT HAVE EMPLOYEES, BUT INSTEAD IS MANAGED BY A PROFESSIONAL MANAGEMENT FIRM. HOWEVER, THE GOVERNING BODY IS RESPONSIBLE FOR NEGOTIATING AND ENTERING INTO THE MANAGEMENT CONTRACT THAT COVERS COMPENSATION, WHICH WAS LAST COMPLETED IN DECEMBER 2008. THE EXECUTIVE COMMITTEE AND THE ORGANIZATION'S LEGAL COUNSEL REVIEWED AND NEGOTIATED THE CONTRACT WHICH INCLUDED A REVIEW OF COMPARABLE SERVICES. THE PROCESS BEGAN IN JULY OF 2008 AND ENDED IN DECEMBER 2008 WHEN THE EXECUTIVE COMMITTEE MADE RECOMMENDATIONS TO THE FULL BOARD FOR THEIR APPROVAL. THE CONTRACT IS IN EFFECT UNTIL 2013. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO MEMBERS ON THEIR WEBSITE. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 2,676. |
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