Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ELECT BOARD DIRECTORS AS A REPRESENTATIVE FROM THEIR DISTRICT. THE BOARD IS RESPONSIBLE FOR IMPLEMENTING THE POLICIES AND DIRECTIVES OF THE CONGRESS THROUGH ITS OWN ACTIONS AND ITS COMMITTEE STRUCTURE. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE ORGANIZATION CONGRESS CAN RESCIND THE VOTE OF THE BOARD UNDER ARTICLE VII, SECTION 1 OF THE BYLAWS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE ENTIRE BOARD IS E-MAILED WITH AN ELECTRONIC DRAFT OF THE 990 PRIOR TO FILING. THE GOVERNING BOARD HAS DEPUTIZED THE SECRETARY-TREASURER, PRESIDENT, PRESIDENT-ELECT AND IMMEDIATE PAST PRESIDENT TO REVIEW THE 990 IN DETAIL AND APPROVE FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | PERSONS COVERED BY THIS POLICY WILL ANNUALLY DISCLOSE OR UPDATE TO THE CHAIR OF THE BOARD OF DIRECTORS ON A FORM PROVIDED BY THE ORGANIZATION THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST, SUCH AS A LIST OF FAMILY MEMBERS, SUBSTANITAL BUSINESS OR INVESTMENT HOLDINGS, AND OTHER TRANSACTIONS OR AFFILIATIONS WITH BUSINESSES AND OTHER ORGANIZATIONS OR THOSE OF FAMILY MEMBERS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE EXECUTIVE VICE PRESIDENT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE OF THE ORGANIZATION, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. THE DEPUTY EXECUTIVE VICE PRESIDENT AND OTHER KEY EMPLOYEE'S COMPENSATION AND BONUSES ARE DETERMINED BY THE EXECUTIVE VICE PRESIDENT. | |
| FORM 990, PART VI, SECTION C, LINE 19 | COPIES OF DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE MINUTES ARE KEPT IN PERPETUITY. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 36,894. |
| RESPONSIBILITY OF INDEPENDENT ACCOUNTANT & AUDITED FINANCIALS | FORM 990, PART XII, LINE 2C | THE ACADEMY HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. |
| EXECUTIVE COMMITTEE | FORM 990 PART VI, SECTION A | THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR APPOINTING COMMITTEES OF THE BOARD AND OVERSEEING THE FINANCES OF THE ACADEMY. IT IS COMPOSED OF THE PRESIDENT, PRESIDENT-ELECT, THE SECRETARY/TREASURER, SPEAKER, VICE SPEAKER, IMMEDIATE PAST PRESIDENT, FOUNDATION PRESIDENT, AND EXECUTIVE DIRECTOR, EX OFFICIO WITHOUT VOTE. THE EXECUTIVE COMMITTEE HAS FULL AUTHORITY TO ACT FOR AND ON BEHALF OF THE BOARD WHENEVER THE BUSINESS OF THE ACADEMY DEMANDS PROMPT ACTION IN THE INTERIM BETWEEN MEETINGS OF THE BOARD OR WHEN IT IS IMPRACTICAL OR IMPOSSIBLE TO CONVENE THE ENTIRE MEMBERSHIP OF THE BOARD. THE EXECUTIVE COMMITTEE MET ONCE BY CONFERENCE CALL AND ONCE VIA EMAIL IN 2010. |
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