Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| PART VI, SECTION C, QUESTION 19 | ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART VI, SECTION B, QUESTION 11A | PRIOR TO FILING THE FORM 990 WITH THE IRS, THE FORM IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD FOR REVIEW AND APPROVAL. The 990 approval process is a formal process designed to educate everyone on the Board about the Chamber, its fiscal and community performance, and the rules, regulations and oversight that guide the Chamber's activities. THE FORM 990 IS FIRST REVIEWED BY THE CHAMBER'S CFO AND ACCOUNTING FIRM PARTNER, FOLLOWED BY THE PRESIDENT/CEO. ANY QUESTIONS RAISED ARE RESEARCHED BY THE CFO. THE FORM 990 IS THEN PRESENTED TO THE FINANCE COMMITEE FOR DISCUSSION AND REVIEW. ONCE APPROVED, THE FORM 990 IS REVIEWED BY THE CHAMBER EXECUTIVE COMMITTEE, FOLLOWED BY THE FULL BOARD AT THE CHAMBER'S BOARD MEETING. |
| PART VI, SECTION B, QUESTION 12c | ALL OFFICERS AND DIRECTORS ARE FURNISHED WITH A COPY OF THE ORGNANIZATION'S CONFLICT OF INTEREST POLICY WHICH REQUIRES THEIR SIGNED ACKNOWLEDGMENT THAT THEY HAVE READ AND AGREE TO UPHOLD THE POLICY. |
| PART IV, LINE 28c | PETER CROWLEY, THE PRESIDENT AND CEO OF PRINCETON REGIONAL CHAMBER OF COMMERCE, ALSO SITS ON THE BOARD OF A RELATED ORGANZITION, PRINCETON REGIONAL CHAMBER OF COMMERCE FOUNDATION, INC. |
| PART VI, SECTION A, LINE 6 | THE ENTITY IS A NON-PROFIT ORGANIZATION WHICH CONSISTS OF MEMBERS. |
| PART VI, SECTION A, LINE 7A & B | MEMBERS CAN ELECT OTHER MEMBERS OF THE BOARD AND THE GOVERNING BODY AND CAN APPROVE SIGNIFICANT DECISIONS REGARDING THE ORGANIZATION AND ITS MANAGEMENT. |
| FORM 990 PART VI LINE 15B | Officers compensation below the CEO is evaluated based on written annual goals and objectives agreed to with each officer at the beginning of the year. There is a formal review program every six months with the CEO and each officer to review their performance against their goals. Compensation for officers is based on their achievement or lack of achievement of their annual performance goals and the overall performance of the Chamber. A FORMAL HUMAN RESOURCES EVALUATION GRID WITH A RANGE OF COPMENSATION PERCENT INCREASES IS IN PLACE TO RANK OFFICER AND STAFF PERFORMANCE |
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