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 | THE ORGANIZATION DELEGATED MANAGEMENT DUTIES TO PARADISE CONSULTING, PER CONSULTANT AGREEMENT. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION HAS VOTING MEMBERS WHO ELECT THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11 | FIRST, THE FORM 990 IS REVIEWED BY THE TREASURER AND THEN BY EXECUTIVE DIRECTOR, WHO SIGNS THE FORM. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL MEMBERS OF THE BOARD OF DIRECTORS SHALL DISCLOSE ANY AND ALL CONFLICTS OF INTEREST THAT THEY MAY HAVE RELATING TO A COMPENSATION DECISION. EXAMPLES OF SUCH CONFLICTS OF INTEREST INCLUDE, BUT ARE BY NO MEANS LIMITED TO, A MEMBER OF THE BOARD OF DIRECTORS HAVING, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT, OR FAMILY A FINANCIAL OR OTHER INTEREST IN THE COMPENSATION TO BE PAID. FURTHER, A MEMBER OF THE BOARD OF DIRECTORS (OR EXECUTIVE COMMITTEE) WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT INDIVIDUAL'S COMPENSATION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE CORPORATION'S BOARD OF DIRECTORS SHALL CONDUCT THE DUE DILIGENCE NECESSARY TO DETERMINE A REASONABLE SALARY FOR ALL EMPLOYEES AND CONTRACTORS OF THE CORPORATION, INCLUDING BUT NOT LIMITED TO THOSE INDIVIDUALS SET FORTH IN SECTION II, HEREOF. IN DOING SO, THE CORPORATION SHALL ENSURE THAT COMPENSATION IS REVIEWED ANNUALLY AND IS SET USING APPROPRIATE COMPARABILITY DATA, WHICH SHALL INCLUDE THE REVIEW OF AT LEAST THREE (3) REASONABLE COMPARISONS REGARDING AMOUNTS PAID FOR LIKE SERVICES, BY LIKE ENTERPRISES, UNDER LIKE CIRCUMSTANCES. SUCH DUE DILIGENCE MAY INCLUDE THE ENGAGEMENT OF THE SERVICES OF A PROFESSIONAL EXECUTIVE COMPENSATION SPECIALIST OR CONSULTANT; THE DECISION TO HIRE SUCH AN INDIVIDUAL SHALL BE AT THE DISCRETION OF THE BOARD OF DIRECTORS. ANY AND ALL DECISIONS REGARDING COMPENSATION SHALL BE DOCUMENTED IN THE RECORDS OF THE CORPORATION, AND ANY AND ALL CONFLICTS OF INTEREST OF BOARD OF DIRECTORS' MEMBERS SHALL BE DISCLOSED AND SUCH INDIVIDUALS SHALL BE RECUSED FROM THE DECISION SETTING SUCH COMPENSATION TO WHICH THE CONFLICT OF INTEREST RELATES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATIONS'S GOVERNING DOCUMENTS, FORMS 1023 AND 990 ARE AVAILABLE IN OFFICE UPON REQUEST. |
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