Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE CONSISTS OF AT LEAST FIVE (5) DIRECTORS, THE CHAIRMAN OF THE BOARD SHALL ALSO PRESIDE OVER THE EXECUTIVE COMMITTEE. THE OTHER MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE THE VICE-CHAIRMAN OF THE BOARD, THE SECRETARY, THE TREASURER AND THE IMMEDIATE FORMER CHAIRMAN OF THE BOARD, IF SUCH PERSON IS STILL A DIRECTOR. THE CHAIRMAN OF THE BOARD MAY DESIGNATE ONE (1) OR MORE ADDITIONAL DIRECTORS AS MEMBERS OF THE EXECUTIVE COMMITTEE. EXCEPT AS OTHERWISE REQUIRED BY LAW OR THESE BYLAWS, THE EXECUTIVE COMMITTEE SHALL HAVE SUCH AUTHORITY AS THE BOARD OF DIRECTORS SHALL GRANT TO IT FOR THE MANAGEMENT OF THE CORPORATION, INCLUDING THE POWER TO AUTHORIZE THE SEAL OF THE CORPORATION TO BE AFFIXED TO ALL PAPERS THAT MAY REQUIRE IT. IN ADDITION, THE EXECUTIVE COMMITTEE SHALL APPOINT THE NOMINATING COMMITTEE. | |
| FORM 990, PART VI, SECTION A, LINE 6 | BID MEMBERS OWN PROPERTY WITHIN THE BID OR LEASE SPACE OF MORE THAN 5,000 SQUARE FEET. | |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL MEMBERS THAT ARE CURRENT ON THEIR BID TAX PAYMENTS MAY VOTE DURING BOARD ELECTIONS AT THE ANNUAL MEETING. | |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS OF THE ORGANIZATION DO HAVE THE RIGHT TO VOTE ON CERTAIN DECISIONS OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY MANAGEMENT. THE FINAL DRAFT 990 IS PROVIDED TO THE TREASURER FOR REVIEW AND THEN SHARED WITH THE EXECUTIVE COMMITTEE FOR APPROVAL. THE DRAFT 990 WILL THEN BE PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | PERSONS COVERED BY THE POLICY WILL ANNUALLY DISCLOSE OR UPDATE TO THE CHAIRMAN 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, SUBSTANTIAL 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 | FOR THE PRESIDENT, THE PROCESS FOR DETERMINING COMPENSATION IS BASED ON MARKET RATES FOR SIMILAR POSITIONS IN THE DC AREA. THIS PROCESS WAS LAST COMPLETED IN 2011. FOR OTHER OFFICERS/KEY EMPLOYEES, THE PROCESS FOR DETERMINING COMPENSATION IS BASED ON A REVIEW OF COMPARABLE POSITIONS IN OTHER BIDS IN THE DC AREA. THIS WAS LAST COMPLETED IN 2009. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC ON THEIR WEBSITE. THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XII, LINE 2C | THE PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT AND OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM PRIOR YEAR. |
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