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 III, LINE 3 | ONE SOURCE TRAINING (OST) WAS DISCONTINUED AND IS NOW OPERATED BY THE COMMUNITY COLLEGES. |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT OF THE FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE FOR REVIEW. AFTER REVIEW, THE FINANCE COMMITTEE PRESENTS THE FORM 990 TO THE BOARD FOR APPROVAL BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION MONITORS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AT A BOARD MEETING REQUIRING ALL TRUSTEES AND OFFICERS TO AFFIRM COMPLIANCE AT THAT TIME. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EVALUATION COMMITTEE COMPLETES AN ANNUAL EVALUATION OF THE EXECUTIVE DIRECTOR AND MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE REGARDING HER COMPENSATION. THE ASSOCIATION'S BUDGET IS REVIEWED AND APPROVED ANNUALLY BY THE FINANCE COMMITTEE AND EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. INCLUDED IN THE BUDGET IS COMPENSATION AND BENEFITS FOR ALL STAFF MEMBERS, WHICH IS REVIEWED AND APPROVED BY THE COMMITTEE. THE BUDGET IS THEN RECOMMENDED TO THE BOARD FOR APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASSOCIATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST AT THE ASSOCIATION'S OFFICE. |
| FORM 990, PART XII, LINE 2C | THERE WAS NO CHANGE FROM THE PRIOR YEAR. THE ORGANIZATION HAS A FINANCIAL OVERSIGHT COMMITTEE TO REVIEW CERTAIN FINANCIAL INFORMATION, INCLUDING A DRAFT OF THE ANNUAL AUDITED FINANCIAL STATEMENTS AND THE FORM 990. AFTER REVIEW BY THE FINANCE COMMITTEE, BOTH ITEMS ARE PRESENTED TO THE BOARD FOR APPROVAL. |
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