Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | THE ASSOCIATION SHALL PROVIDE INDUSTRY LEADERSHIP TO ENHANCE BUSINESS OPPORTUNITIES AND PROFITABILITY TO THE MEMBERSHIP BY PROVIDING A FORUM FOR MARKETING SHORTLINE EQUIPMENT THROUGH NETWORKING, COMMUNICATIONS, AND TECHNOLOGY, AND A FORUM FOR PURCHASING MATERIALS AND SERVICES REQUIRED BY THE MEMBERS. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | THE BOARD OF DIRECTORS ARE ELECTED BY THE REGULAR MEMBERS OF THE ASSOCIATION. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | IN EXCEPTIONAL SITUATIONS WHERE THE BOARD OF DIRECTORS BY MAJORITY VOTE DEEMS IT NECESSARY TO THE REGULAR MEMBERSHIP TO EXTEND THE TERM OF A DIRECTOR AND/OR OFFICER, SUCH ACTION SHALL REQUIRE CONFIRMATION BY A TWO-THIRDS (2/3) "YEA" VOTE BY THE REGULAR MEMBERSHIP AT THE ANNUAL BUSINESS SESSION. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS REVIEWED BY THE TREASURER AND THEN FORWARDED TO THE BOARD OF DIRECTORS FOR REVIEW NOT LESS THAN 14-DAYS PRIOR TO FILING. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE ASSOCIATION REQUIRES EACH NEW DIRECTOR TO SIGN OUR CONFLICT OF INTEREST POLICY WHEN THEY JOIN THE BOARD OF DIRECTORS. THE POLICY IS PRINTED ALONG WITH OTHER POLICIES AND PLACED JUST AFTER THE AGENDA IN OUR MEETING BOOKS. BOARD MEMBERS ARE REMINDED BY THE CHAIR TO KEEP THE POLICY IN MIND AS NEW BUSINESS IS BROUGHT BEFORE THE BOARD. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE EXECUTIVE COMMITTE REVIEWS THE EXECUTIVE DIRECTOR'S SALARY ON AN ANNUAL BASIS AND SET THE COMING YEAR'S SALARY BASE. THESE ACTIONS ARE DOCUMENTED IN THE EXECUTIVE COMMITTE MEETING MINUTES. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | THE EXECUTIVE COMMITTE REVIEWS THE STAFF MEMBERS SALARIES AND SETS THE CURRENT YEAR'S PERCENTAGE INCREASE ON AN ANNUAL BASIS, EFFECTIVE ON THEIR ANNIVERSARY DATE. THESE ACTIONS ARE DOCUMENTED IN THE EXECUTIVE COMMITTE MEETING MINUTES. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | COPIES OF THE ORGANIZATIONS'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND TAX RETURNS ARE PROVIDED UPON REQUEST. |
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