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, SECTION A, LINE 3 | LINE 3 EXPLANATION - THE ORGANIZATION CONTRACTS WITH RAYBOURN GROUP INTERNATIONAL, AN INDEPENDENT CONTRACTOR, TO MANAGE THE BUSINESS AND AFFAIRS OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 6 | LINE 6 EXPLANATION - THE ORGANIZATION HAS THREE LEVELS OF MEMBERSHIP: ACTIVE, ASSOCIATE, AND PRESIDENT'S CLUB ASSOCIATE. AN ACTIVE MEMBER IS A FIRM OR CORPORATION ENGAGED IN THE CORPORATE HOUSING INDUSTRY. ACTIVE MEMBERS HAVE ALL OF THE RIGHTS AND PRIVILEGES OF MEMBERSHIP, INCLUDING THE RIGHT TO VOTE, HOLD OFFICE, AND SERVICE ON ASSOCIATION COMMITTEES. AN ASSOCIATE MEMBER IS A FIRM OR CORPORATION WHOSE BUSINESS IS SUPPLYING GOODS AND SERVICES TO THE CORPORATE HOUSING INDUSTRY. ASSOCIATE MEMBERS ARE NOT ENTITLED TO HOLD OFFICE, BUT MAY VOTE, ATTEND THE BUSINESS MEETINGS OF THE ASSOCIATION AND SERVE ON ALL ASSOCIATION COMMITTEES EXCEPT THE EXECUTIVE COMMITTEE. A PRESIDENT'S CLUB ASSOCIATE MEMBER IS AN ASSOCIATE MEMBER WHO JOINS AT A PREMIUM LEVEL THAT ENTITLES THEM TO THE FOLLOWING VALUE-ADDED BENEFITS: FREE ENEWS ADVERTISING, ADVANCED CHOICES OF SPONSORSHIP OPPORTUNITIES, ADVANCED CHOICE OF EXHIBIT SPACE AT MEETINGS AND CONFERENCES, FREE BANNER ADVERTISING ON THE ORGANIZATIONS WEB SITE, INVITATION TO ANNUAL BOARD OF DIRECTORS' MEETING, CONTINUAL PROMOTION OF PRESIDENT'S CLUB STATUS IN ALL ASSOCIATION LITERATURE AND CONFERENCE MARKETING MATERIALS, INCREASED VISIBILITY IN THE ORGANIZATION'S BUYER'S GUIDE, AND SPECIAL IDENTIFICATION AT CONFERENCES AND MEETINGS. |
| FORM 990, PART VI, SECTION A, LINE 7A | LINE 7A EXPLANATION - MEMBERS GOVERN THE ACTIONS OF THE ORGANIZATION THROUGH ELECTING THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11 | LINE 11A EXPLANATION - THE RETURN WILL FIRST BE REVIEWED BY THE EXECUTIVE DIRECTOR AND THE SECRETARY/TREASURER. AFTER THEY HAVE REVIEWED THE RETURN IT WILL GO TO THE ENTIRE BOARD FOR THEIR APPROVAL AND THEN FILE THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL DECLARATION OF ANY CONFLICTS OF INTEREST. ANY CONFLICTS BROUGHT TO ATTENTION OF THE BOARD ARE THEN REVIEWED ON A CASE BY CASE BASIS. |
| FORM 990, PART VI, SECTION C, LINE 19 | CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104(D) OF THE INTERNAL REVENUE CODE AND REGULATIONS THEREUNDER, COPIES OF THE IRS FORM 990 AND APPLICATION FOR EXEMPTION SHALL BE MADE AVAILABLE, UPON REQUEST, IN A TIMELY MANNER, AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUALS WHO REQUEST IT. OTHER GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE INDIVIDUALS REQUESTING THEM BY MAKING AN APPOINTMENT WITH THE EXECUTIVE DIRECTOR. |
| FORM 990, PART XII, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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