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 IS A NOT-FOR-PROFIT CORPORATION AND HAS MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION HAS MEMBERS SERVING ON ITS GOVERNING BOARD. THE GOVERNING BOARD HAS THE RIGHTS TO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11 | YEAR END TAX FILINGS AND FINANCIAL STATEMENTS ARE REVIEWED BY THE OFFICERS AND BOARD MEMBERS AT SCHEDULED BOARD MEETINGS. |
| FORM 990, PART VI, SECTION B, LINE 12C | PER POLICY, ANYONE WITH A CONFLICT OF INTEREST IS EXPECTED TO REFRAIN FROM VOTING ON MATTERS. |
| FORM 990, PART VI, SECTION B, LINE 15 | ON AN ANNUAL BASIS, THE EXECUTIVE COMMITTEE OF BCI/NACMNE SHALL REVIEW THE PERFORMANCE OF THE PRESIDENT. THE ORGANIZATION WILL PAY FAIR MARKET VALUE FOR HIS/HER SERVICES WITHIN THE CONTEXT OF FISCAL RESPONSIBILITY TO THE ORGANIZATION. COMPARABLE COMPENSATION AND BENEFIT PACKAGES WILL BE RESEARCHED BY THE PRESIDENT OR AN OUTSIDE SOURCE CONTRACTED BY THE BOARD, AS NEEDED. AT A MINIMUM, A VERBAL REVIEW IS PERFORMED ANNUALLY, ON OR AROUND THE ANNIVERSARY HIRE DATE (JULY 1) OF THE PRESIDENT BY THE BOARD CHAIR. A SALARY REVIEW IS CONDUCTED AND AWARDED AT THIS TIME. CONFIRMATION OF THIS AWARD IS FOLLOWED UP IN WRITING BY THE BOARD CHAIR. A DISCRETIONARY AWARD BASED ON EMPLOYMENT AGREEMENT(S), THE COMPANY'S PERFORMANCE AND THE PRESIDENT'S INDIVIDUAL CONTRIBUTIONS DURING THE FISCAL YEAR IS AWARDED BY THE EXECUTIVE COMMITTEE FOLLOWING THE REVIEW AND ACCEPTANCE CPA PREPARED FINANCIAL STATEMENTS BY THE BOARD. CONFIRMATION OF THIS AWARD IS FOLLOWED UP IN WRITING BY THE BOARD CHAIR. |
| FORM 990, PART VI, SECTION C, LINE 19 | FORM 990 IS AVAILABLE FOR INSPECTION UPON REQUEST. |
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