Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| Family/business relationships amongst interested persons | Form 990, Part VI, Section A, Line 2 | STEVEN F. WALKER AND FRANK D. WALKER - FAMILY RELATIONSHIP, STEVEN F. WALKER AND FRANK D. WALKER - BUSINESS RELATIONSHIP, JOHN T. NEIGHBOURS AND J. ALBERT SMITH, JR. - FAMILY RELATIONSHIP |
| Classes of members or stockholders | Form 990, Part VI, Section A, Line 6 | THE CHAMBER HAS THREE CLASSES OF MEMBERS. REGULAR MEMBERS, MEMBERS PAYING UP TO $14,999 IN ANNUAL DUES, HAVE ACCESS TO ALL BUT TWO EVENTS DURING THE YEAR, ALL NEWSLETTER AND PUBLICATIONS, ALL DISCOUNT PROGRAMS, AND THE ABILITY TO BE NOMINATED TO THE BOARD. COMMERCIAL CLUB MEMBERS, MEMBERS PAYING $15,000 - $49,999 IN ANNUAL DUES, HAVE THE SAME RIGHTS AS REGULAR MEMBERS, BUT THEY ARE INVITED TO THE TOP INVESTOR DINNER, LEADERSHIP EXCHANGE TRIP, AND ARE CONSIDERED FOR A SEAT ON THE BOARD. LASTLY, LEADERSHIP CIRCLE MEMBERS, MEMBERS PAYING $50,000 OR ABOVE, HAVE THE SAME RIGHTS AS COMMERCIAL CLUB MEMBERS, BUT ARE GUARANTEED A SEAT ON THE EXECUTIVE COMMITTEE AS WELL. |
| Members or stockholders electing members of governing body | Form 990, Part VI, Section A, Line 7a | MEMBERS ELECT THE BOARD AT THE ANNUAL MEETING OF THE MEMBERS IN DECEMBER. |
| Review of form 990 by governing body | Form 990, Part VI, Section B, Line 11b | THE FORM 990 IS REVIEWED IN DETAIL BY MANAGEMENT. IN ADDITION, THE FINANCE COMMITTEE APPROVES THE TAX RETURN AND A FULL COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. THE BOARD OF DIRECTORS MAY COMMENT ON OR ASK QUESTIONS REGARDING ANY PORTION OF THE FORM 990. |
| Conflict of interest policy | Form 990, Part VI, Section B, Line 12c | THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. ANNUAL QUESTIONNAIRES ARE COMPLETED BY EACH INTERESTED PERSON AND ARE REVIEWED BY THE VICE PRESIDENT OF FINANCE. THE PRESIDENT OF THE CHAMBER IS THEN MADE AWARE OF ANY CONFLICTS THAT EXIST. IF A MEMBER OF THE BOARD HAS A CONFLICT OF INTEREST, THE PRESIDENT MAKES SURE THE CHAIRMAN OF THE BOARD IS AWARE OF THE CONFLICT. THE CHAIRMAN WILL ASK THE MEMBER TO EXCUSE THEMSELVES FROM ANY DISCUSSIONS AND DECISIONS THAT INVOLVE THE CONFLICT. |
| Process used to establish compensation of top management official | Form 990, Part VI, Section B, Line 15a | CURRENTLY, THE COMPENSATION OF THE PRESIDENT IS DETERMINED AND APPROVED BY THE EXECUTIVE COMMITTEE AND COMPENSATION COMMITTEE EVERY FEBRUARY. THE PRESIDENT IS NOT AUTHORIZED TO BE PART OF THE DECISION OR DISCUSSION ON THIS MATTER. COMPARABILITY DATA IN THE FORM OF SALARY SURVEYS ARE UTILIZED TO DETERMINE REASONABLE COMPENSATION. MINUTES ARE TAKEN AT THESE MEETINGS WHICH DOCUMENT THE APPROVAL PROCESS BY BOTH THE EXECTIVE AND COMPENSATION COMMITTEES. |
| PROCESS USED TO ESTABLISH COMPENSATION OF OTHER OFFICERS | FORM 990, PART VI, LINE 15B | THE COMPENSATION OF THE OTHER OFFICERS IS DETERMINED BY THE PRESIDENT OF THE ORGANIZATION. THE PRESIDENT USES COMPARABILITY DATA IN HIS DETERMINATION, AND DECISIONS ARE DOCUMENTED. THIS PROCESS WAS LAST UNDERTAKEN IN 2011. |
| Governing documents, conflict of interest policy and financial statements available to the public | Form 990, Part VI, Section C, Line 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Other changes in net assets or fund balances | Form 990, Part XI, Line 5 | NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - -83384; PRIOR PERIOD ADJUSTMENTS - -86368; |
| Software ID: | 11000230 |
| Software Version: | v2011.1.0 |