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 ENTITY IS ORGANIZED AS A NON STOCK CORPORATION WITH MEMBERS. MEMBERS ARE COMPRISED OF APPLICANTS SELECTED BY A TWO THIRDS VOTE OF THE BOARD OF DIRECTORS. NO PART OF THE NET EARNINGS OF THE CORPORATION INURE TO THE BENEFIT OR ARE DISTRIBUTED TO THE MEMBERS, OFFICERS, OR OTHER PERSONS. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH MEMBER ENTITY OF THE ORGANIZATION MUST PROVIDE A DESIGNATED REPRESENTATIVE WHO WILL HAVE THE POWER TO VOTE, CONSENT TO, OR OTHERWISE TAKE ACTION ON BEHALF OF THE MEMBER. DESIGNATED REPRESENTATIVES MAY SERVE AS BOARD MEMBERS SUBJECT TO A THREE YEAR TERM. BOARD MEMBERS ARE ELECTED BASED ON NOMINATION AND THE VOTE OF THE MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM. UPON PREPARATION IT IS REVIEWED WITH THE CHAIRMAN. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION OF THE CHAIRMAN OF THE BOARD IS SUBJECT TO BOARD APPROVAL. THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS BASED ON THE RECOMMENDATION OF THE CHAIRMAN AND ALSO SUBJECT TO BOARD APPROVAL. THE BOARD RELIES ON THE PAST EXPERIENCES OF THE BOARD MEMBERS FOR INFORMATION REGARDING COMPARABILITY AND REASONABLENESS. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS AND FINANICAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART VII | SAM SUMRALL - 4705 I-55N, JACKSON, MS 39206. JEFF MARKS - 6250 GORMAN RD, RICHMOND, VA 23231. DAN JELLINEK - 1015 RIVERSIDE TRACE NW, ATLANTA, GA 30328. MARK STEWART - 1970 INDUSTRIAL PARKWAY, BROOKLYN, NY 11207. KEN LAFFER - 123 FROST STREET, WESTBURY, NY 11590. MOJDEH STONE - 3762 FILLMORE STREET, SAN FRANCISCO, CA 94123. SANDY KLEIN - 29 GRAY BIRCH TERRACE, NEWTON, MA 02460. PAULA SHULMAN - 1100 BOSTON AVENUE, BRIDGEPORT, CT 06610. |
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