Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE ORGANIZATION WORKS TO ENSURE THE HIGHEST STANDARDS IN REVIEW OF ITS FROM 990. THE EXECUTIVE DIRECTOR, BOARD AND TREASURER REVIEW A COPY OF FINAL FORM 990, WHICH IS COMPLETED BY STEGMAN & COMPANY, CERTIFIED PUBLIC ACCOUNTANTS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | OSAP'S POLICY ESTABLISHES THAT IT PAYS NO MORE THAN FAIR MARKET VALUE FOR GOODS OR SERVICES FROM THE INFLUENTIAL PERSONS (EXECUTIVE DIRECTOR) AND PROVIDES FOR ADVANCE APPROVAL BY INDEPENDENT PERSONS USING COMPARABILITY DATA. THE DECISION-MAKING PROCESS IS CONTEMPORANEOUSLY DOCUMENTED AND INDICATES THE INDIVIDUALS RESPONSIBLE FOR THE DECISION, THEIR INDEPENDENCE, AND THE DATA RELIED UPON. DOCUMENTATION BY THE NEXT MEETING OR 60 DAYS AFTER THE FINAL ACTION IS REQUIRED. COMPENSATION INCLUDES ANY AMOUNTS PAID IN CONSIDERATION FOR SERVICES SUCH AS BASE SALARY, BONUSES OR INCENTIVES, OTHER REPORTABLE | |
| FORM 990, PART VI, SECTION B, LINE 15 | THIS POLICY ON THE PROCESS FOR DETERMINING COMPENSATION OF OSAP APPLIES TO THE COMPENSATION OF THE FOLLOWING PERSONS EMPLOYED BY THE ORGANIZATION: OSAPS CHIEF EMPLOYED EXECUTIVE, THE EXECUTIVE DIRECTOR. THE PROCESS INCLUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE OF THE ORGANIZATION; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. 1. REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON 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. 2. USE OF DATA AS TO COMPARABLE COMPENSATION. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST. |
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