Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 11b: Form 990 Review Process | THE CHAMBER PRESIDENT PLANS TO PRESENT THE FORM 990 AT THE NEXT BOARD MEETING WHERE ALL DIRECTORS WILL HAVE A CHANCE TO ASK QUESTIONS/COMMENTS ON ALL PARTS OF THE RETURN. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | ALL NEW BOARD MEMBERS MUST REVIEW AND SIGN THE WRITTEN CONFLICT OF INTEREST POLICY, WHICH LASTS FOR THE DURATION OF THE INDIVIDUAL'S BOARD TERM. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | THE PRESIDENT/CEO RECEIVES COMPENSATION IN THE FORM OF SALARY WITH A YEAR-END BONUS TIED TO ACHIEVING VARIOUS PERFORMANCE GOALS. A COMPENSATION COMMITTEE MET IN LATE 2011 TO DISCUSS DOCUMENTING IN WRITING ALL PERFORMANCE GOALS AND THE SALARY AND BONUS TIED TO ACHIEVING THESE OBJECTIVES. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | AN EXECUTIVE COMPENSATION AGREEMENT POLICY WAS ENTERED INTO ON JULY 1, 2012 BY THE COMPENSATION COMMITTEE AND THE CHAMBER CHAIRMAN. THE TERM WAS FOR TWO YEARS ENDING JUNE 30, 2014. THIS POLICY DETAILS BASE SALARY TEMRS AND BONUS PROVISIONS. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | THE CHAMBER PRESIDENT HOLDS A MONTHLY MEETING WITH THE CHAMBER'S FINANCE COMMITTEE, THEN WITH THE EXECUTIVE COMMITTEE AND FINALLY WITH THE FULL BOARD. COPIES OF THE BALANCE SHEET AND FINANCIAL STATEMENTS ARE SUPPLIED AT EACH OF THESE MEETINGS AND THE TREASURER PRESENTS THE SIGNIFICANT DETAIL FOR EACH MONTH, NOTING THE IMPORTANT CHANGES IN ASSETS, LIABILITIES, REVENUES AND EXPENSES. HIS REMARKS ARE THEN ENTERED INTO THE MINUTES AND A WRITTEN SYNOPSIS OF HIS REMARKS IS EMAILED TO THE ENTIRE BOARD. |
| Software ID: | 13000170 |
| Software Version: | 2013v3.1 |