Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERSHIP IN THE ASSOCIATION SHALL BE OPEN TO INDIVIDUALS WHO SUBSCRIBE TO AND SUPPORT THE PURPOSE OF THE ASSOCIATION AND WHO MEET THE REQUIREMENTS FOR ONE OF THE CLASSES OF MEMBERSHIP: PARTICIPATING MEMBERS - PERSONS WHO ARE SKILLED AND PRIMARILY ENGAGED IN THE VERBATIM STENOGRAPHIC REPORTING OF PROCEEDING BY THE USE OF SYMBOLS, MANUALLY OR BY STENOGRAPHIC MACHINE, AS AN OFFICIAL COURT OR LEGISTLATIVE REPORTER, FREELANCE REPORTER, CART PROVIDER, OR CAPTIONER. REGISTERED MEMBERS - ANY PARTICIPATING MEMBER WHO PASSES THE REGISTERED PROFESSIONAL REPORTER EXAMINATION, THE CERTIFIED BROADCAST CAPTIONER EXAMINATION, CERTIFIED CART PROVIDER EXAMINATION, OR WHO WAS A PROFESSIONAL MEMBER IN GOOD STANDING ON JULY 21, 1993. STUDENT MEMBERS - ANY STUDENT CONFIRMED TO BE ENROLLED IN A VERBATIM STENOGRAPHIC REPORTING PROGRAM OR A SCOPING PROGRAM. HONORARY MEMBERS - ANY PERSON WHO ATTAINED HIGH RANK IN THE REPORTING PROFESSION AS A PRACTIONER OF THE ART OF VERBATIM STENOGRAPHIC REPORTING, AS AN AUTHOR OF VERBATIM STENOGRAPHIC REPORTING LITERATURE, OR AS A BENEFACTOR OF THE PROFESSION, BUT WHO IS NOT IN THE ACTIVE PRACTICE OF VERBATIM STENOGRAPIC REPORTING. ASSOCIATE MEMBERS - ANY PARTICIPATING OR REGISTERED MEMBER IN GOOD STANDING ON RETIRING FROM ACTIVE PRACTICE OF VERBATIM STENOGRAPHIC REPORTING. A TEACHER OF VERBATIM STENOGRAPHIC REPORTING, OR ANY ONE CONNECTED IN AN OFFICIAL CAPACITY WITH A SCHOOL OR COLLEGE CONDUCTING A VERBATIM STENOGRAPHIC REPORTING COURSE. SUCH PERSONS NEED NOT MEET THE REQUIREMENTS FOR SKILL IN THE ART OF REPORTING OF PROCEEDINGS. ANY PERSON SEEKING TO BECOME OR WHO HAD BEEN CERTIFIED BY THE ASSOCIATION AS A LEGAL VIDEO SPECIALIST (CLVS). ANY PERSON INTERESTED IN THE PRESERVATION, SUPPORT, AND ADVANCEMENT OF THE FIELD OF VERBATIM STENOGRAPHIC REPORTING, BUT NOT ACTIVELY ENGAGED. ALL APPLICANTS MUST BE ENDORSED BY A VOTING MEMBER. RETIRED LIFETIME MEMBERS - ANY PARTICIPATING OR REGISTERED MEMBER IN GOOD STANDING WHO HAS PAID PARTICIPATING OR REGISTERED MEMBER DUES FOR A PERIOD OF THIRTY (30) CONSECUTIVE YEARS[TWENTY (20) CONSECUTIVE YEARS FOR THOSE APPROVED PRIOR TO JULY 21, 1993] AND IS NO LONGER ENGAGED IN VERBATIM STENOGRAPHIC REPORTING. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE VOTING MEMBERS SHALL ELECT THE OFFICERS AND DIRECTORS AT THE ANNUAL MEETING. ONLY REGISTERED MEMBERS MAY HOLD AN ELECTIVE OFFICE. ONLY PARTICIPATING, REGISTERED AND RETIRED LIFETIME MEMBERS MAY VOTE. THE OFFICERS, PRESIDENT-ELECT, VICE PRESIDENT, SECRETARY-TREASURER, SHALL BE ELECTED EACH YEAR. THE PRESIDENT-ELECT AUTOMATICALLY BECOMES THE PRESIDENT. THE NINE DIRECTORS SERVE THREE YEAR TERMS. THERE ARE THREE CLASSES OF THREE DIRECTORS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | SOME ROUTINE ACTIONS OF THE BOARD OF DIRECTORS (DUES INCREASES, FOR EXAMPLE) MUST BE APPROVED BY A VOTE OF THE MEMBERSHIP. HOWEVER, THERE IS A SPECIAL PROCEDURE UNDER THE CONSTITUTION AND BYLAWS WHEREBY THE MEMBERS MAY PETITION AND VOTE BY A TWO-THIRDS MAJORITY TO APPEAL AND OVERTURN ANY ACTION OR DECISION OF THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY TATE & TRYON CPAS WITH THE ASSISTANCE OF STAFF AND REVIEWED BY THE ASSOCIATION'S LEGAL COUNSEL. A COPY OF THE FORM 990 IS THEN REVIEWED BY THE FINANCE COMMITTEE AND THEN BY THE BOARD OF DIRECTORS BEFORE FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, DIRECTORS, OFFICERS AND KEY EMPLOYEES PREPARE AND SIGN CONFLICT OF INTEREST STATEMENTS THAT ARE REVIEWED BY THE BOARD OF DIRECTORS. IF A CONFLICT OF INTEREST RELATES TO A BOARD RESOLUTION, THE BOARD MEMBER RECUSES THEMSELF FROM THE DISCUSSION AND/OR THE VOTE AND THE MINUTES DOCUMENT THE CONFLICT OF INTEREST AND THE REASON FOR THE RECUSAL. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD HAS A COMPENSATION COMMITTEE THAT MEETS TO REVIEW AND APPROVE THE COMPENSATION POLICIES AND COMPENSATION PLANS FOR EXECUTIVE DIRECTOR AND CEO. OFFICER AND KEY EMPLOYEE COMPENSATION PLANS ARE REVIEWED AND COMPARED TO COMPARABLE MARKET DATA, ENVIRONMENTAL CONDITIONS AND OTHER IMPACTFUL CRITERIA. IN ADDITION, OUTSOURCED COMPENSATION CONSULTANTS ARE UTILIZED TO PROVIDE AN INDEPENDENT ASSESSMENT. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CONFLICT OF INTEREST POLICY, CONSTITUTION & BYLAWS AND OTHER GOVERNING DOCUMENTS ARE LOCATED ON NCRA'S WEBPAGE AT WWW.NCRA.ORG. THE ASSOCIATION'S ANNUAL AUDIT AND FORM 990 ARE ALSO LOCATED ON NCRA'S WEBPAGE. ADDITIONAL INFORMATION MAY BE PROVIDED UPON REQUEST. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -171,091. LOSS ON INVESTMENT IN NCRA SERVICE CORP -431. GAIN ON INTEREST RATE SWAP 28,920. TOTAL TO FORM 990, PART XI, LINE 5: -142,602. |
| FORM 990, PART XII, LINE 2C: | THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR. |
| Software ID: | |
| Software Version: |