Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
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| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATION HAS TWO CLASSES OF MEMBERS AS FOLLOWS: (A) ACTIVE MEMBERS WHICH SHALL BE SEPARATELY ADDRESSED PHYSICAL LOCATIONS OF NEW VEHICLE SALES POINTS OF BUSINESS ENTITIES OPERATED IN CONNECTION WITH SEPARATE SERVICE FACILITIES AND ENGAGED IN THE DISTRIBUTION OR SALE OF NEW AUTOMOBILES AND TRUCKS AS MANUFACTURER OR IMPORTER FRANCHISED DEALERS IN THE MARKET AREA OF METROPOLITAN PHILADELPHIA, CONSISTING OF BUCKS, CHESTER, DELAWARE, MONTGOMERY AND PHILADELPHIA COUNTIES IN PENNSYLVANIA; BURLINGTON, CAMDEN AND GLOUCESTER COUNTIES IN NEW JERSEY; AND NEW CASTLE COUNTY IN DELAWARE; (B) ASSOCIATE MEMBERS WHO SHALL BE BUSINESS ENTITIES PROVIDING PRODUCTS OR SERVICES RELATED TO ACTIVE MEMBERS. ASSOCIATE MEMBERS MAY TAKE ADVANTAGE OF SOME SERVICES AFFORDED BY THE CORPORATION TO ITS ACTIVE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | (A) ONLY ONE (1) VOTE MAY BE CAST ON BEHALF OF EACH ACTIVE MEMBER OF THE ASSOCIATION AT ANY ANNUAL OR SPECIAL MEETING OF THE MEMBERS OF THE ASSOCIATION. A DEALER PRINCIPAL WILL HAVE ONE (1) VOTE PER DEALERSHIP ENROLLED AS AN ACTIVE MEMBER. DEALER PRINCIPALS WITH MORE THAN ONE (1) DEALERSHIP ENROLLED AS AN ACTIVE MEMBER ARE ENTITLED TO ONE (1) VOTE PER DEALERSHIP. VOTES BY A MAJORITY OF THE ACTIVE MEMBERS PRESENT OR REPRESENTED AT ANY SUCH MEETING AT WHICH A QUORUM IS IN ATTENDANCE SHALL BE SUFFICIENT FOR TAKING ACTION. DEALER PRINCIPALS ARE DEFINED TO BE INDIVIDUALS WHO ARE OFFICERS OF ACTIVE MEMBERS OR OTHERWISE DEFINED AS DEALER PRINCIPALS IN THE ACTIVE MEMBER'S CURRENT MANUFACTURER'S/DISTRIBUTOR'S FRANCHISE AGREEMENT. THE CORPORATION MAY RELY UPON THE AUTHORITY OF ANY INDIVIDUAL IN THESE CAPACITIES FIRST PURPORTING TO EXERCISE A VOTE ON BEHALF OF AN ACTIVE MEMBER. (B) ASSOCIATE MEMBERS SHALL NOT BE ENTITLED TO VOTE. |
| FORM 990, PART VI, SECTION A, LINE 7B | (A) ONLY ONE (1) VOTE MAY BE CAST ON BEHALF OF EACH ACTIVE MEMBER OF THE ASSOCIATION AT ANY ANNUAL OR SPECIAL MEETING OF THE MEMBERS OF THE ASSOCIATION. A DEALER PRINCIPAL WILL HAVE ONE (1) VOTE PER DEALERSHIP ENROLLED AS AN ACTIVE MEMBER. DEALER PRINCIPALS WITH MORE THAN ONE (1) DEALERSHIP ENROLLED AS AN ACTIVE MEMBER ARE ENTITLED TO ONE (1) VOTE PER DEALERSHIP. VOTES BY A MAJORITY OF THE ACTIVE MEMBERS PRESENT OR REPRESENTED AT ANY SUCH MEETING AT WHICH A QUORUM IS IN ATTENDANCE SHALL BE SUFFICIENT FOR TAKING ACTION. DEALER PRINCIPALS ARE DEFINED TO BE INDIVIDUALS WHO ARE OFFICERS OF ACTIVE MEMBERS OR OTHERWISE DEFINED AS DEALER PRINCIPALS IN THE ACTIVE MEMBER'S CURRENT MANUFACTURER'S/DISTRIBUTOR'S FRANCHISE AGREEMENT. THE CORPORATION MAY RELY UPON THE AUTHORITY OF ANY INDIVIDUAL IN THESE CAPACITIES FIRST PURPORTING TO EXERCISE A VOTE ON BEHALF OF AN ACTIVE MEMBER. (B) ASSOCIATE MEMBERS SHALL NOT BE ENTITLED TO VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11 | ONCE THE 990 IS COMPLETED BY THE TAX PREPARERS, IT WILL BE SHARED, REVIEWED, AND DISCUSSED BY THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF OPERATIONS. ONCE THEY HAVE APPROVED IT AND WITH THEIR RECOMMENDATION, IT WILL BE SENT TO THE FULL BOARD OF DIRECTORS FOR COMMENT. IF NO COMMENTS ARE RECEIVED BY THE EXECUTIVE COMMITTEE, IT WILL BE CONSIDERED APPROVED FOR SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | EVERY BOARD MEMBER COMPLETES AND SIGNS A DISCLOSURE STATEMENT AT THE BOARD OF DIRECTORS MEETING HELD IN THE SPRING OF EACH YEAR. THE DIRECTOR OF OPERATIONS PERFORMS A REVIEW OF THE SIGNED STATEMENTS TO IDENTIFY ANY POTENTIONAL CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD DETERMINES AND APPROVES THE EXECUTIVE DIRECTOR'S SALARY BUT THE EXECUTIVE DIRECTOR DETERMINES THE SALARY FOR ALL OF THE STAFF MEMBERS. THE FINAL DECISION IS COMMUNICATED IN A MEMORANDOM TO THE EXECUTIVE DIRECTOR. |
| FORM 990, PART VI, SECTION C, LINE 19 | FORMS 990 AND FINANCIAL STATEMENTS ARE AVAILABLE ON GUIDESTAR.ORG. OTHER DOCUMENTS SUCH AS GOVERNING DOCUMENTS, FORM 1024 AND CONFLICT OF INTEREST ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE BOARD OF DIRECTORS ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND ITS FINANCIAL STATEMENTS AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS IS UNCHANGED FROM THE PRIOR YEAR. |
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