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 6 | THE ORGANIZATION FUNCTIONS AS A TRADE ASSOCIATION AND IS ULTIMATELY GOVERNED BY ITS MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION'S MEMBERS ELECT THE GOVERNING BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE DIRECTOR OF FINANCE WORKS CLOSELY WITH THE FORM 990 PREPARER IN ANSWERING ALL QUESTIONS ON THE FORM AS WELL AS PROVIDING ACCURATE FINANCIAL AND OTHER INFORMATION FOR INCLUSION. A DRAFT OF THE FORM IS THEN REVIEWED BY THE TREASURER AND DIRECTOR OF FINANCE PRIOR TO FINALIZATION. ANY CHANGES THEY DETERMINE ARE REQUIRED ARE INCORPORATED INTO THE FORM PRIOR TO ISSUE. A DRAFT IS ALSO PROVIDED TO THE GOVERNING BOARD PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY FOR AMERICAN SUPPLY ASSOCIATION COVERS MEMBERS OF THE BOARD OF DIRECTORS, STAFF AND OFFICERS OF THE ASSOCIATION. AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT IS REQUIRED TO BE SIGNED BY COVERED PERSONS. DETERMINATION OF WHETHER A CONFLICT EXISTS IS MADE AT THE BOARD LEVEL. ACTUAL CONFLICTS ARE ALSO REVIEWED AT THE BOARD LEVEL. |
| FORM 990, PART VI, SECTION B, LINE 15 | UPON HIRING, THE BOARD CONDUCTS A SALARY COMPARABILITY STUDY WITH RESPECT TO KEY EMPLOYEES. EACH YEAR, THE BOARD REVIEWS KEY EMPLOYEE PERFORMANCE AND USES THE RESULTS OF THIS REVIEW TO DETERMINE NEW SALARY. |
| FORM 990, PART VI, SECTION C, LINE 18 | FORMS ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE AMERICAN SUPPLY ASSOCIATION MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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