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 MEMBERS OF THE ASSOCIATION SHALL CONSIST OF QUALIFIED INDIVIDUALS, PARTNERSHIPS, TRUSTS OR CORPORATIONS ENGAGED IN THE RETAIL, AND/OR WHOLESALE DISTRIBUTION OF PETROLEUM PRODUCTS, OR THOSE INDIVIDUALS, PARTNERSHIPS, TRUSTS OR CORPORATIONS ENGAGED IN THE SERVICING, INSTALLATION, MANUFACTURE, MAINTENANCE OR SALE OF RESIDENTIAL, COMMERCIAL OR INDUSTRIAL PETROLEUM-FUELED HEATING EQUIPMENT AND/OR SYSTEMS, OR THOSE INDIVIDUALS, PARTNERSHIPS, TRUSTS OR CORPORATIONS ENGAGED IN THE SALE, SERVICING, INSTALLATION, MANUFACTURE OR DISTRIBUTION OF PRODUCTS FOR USE BY THE PETROLEUM INDUSTRY. |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL MEMBERS HAVE THE AUTHORITY TO ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. EACH MEMBER HOLDS ONE VOTE. MEMBERS ARE ALSO ALLOWED TO VOTE BY PROXY. |
| FORM 990, PART VI, SECTION A, LINE 7B | ANY ACTIONS CONDUCTED BY THE BOARD OF DIRECTORS MAY BE OVERRULED BY A TWO-THIRDS (2/3) VOTE OF THE ELIGIBLE VOTING MEMBERSHIP AT ANY REGULAR MEETING OF THE ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE ANY OTHER COMMITTEES THEREFORE NO MINUTES ARE RECORDED. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 WILL BE REVIEWED AND SIGNED BY THE EXECUTIVE DIRECTOR. AT THE NEXT SCHEDULED BOARD MEETING THE 990 WILL BE MADE AVAILABLE TO THE ENTIRE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS PROVIDED THE POLICY TO ALL BOARD MEMBERS AND STAFF. IF ANYONE HAS AN ISSUE THAT THEY BELIEVE IS A CONFLICT OF INTEREST THEN IT IS BROUGHT TO THE ATTENTION OF THE EXECUTIVE DIRECTOR. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS ESTABLISHED BY THE BOARD ANNUALLY. AS FOR ALL OTHER EMPLOYEES THE EXECUTIVE DIRECTOR DETERMINES THEIR COMPENSATION ANNUALLY. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATION MAKES THEIR FORM 1024 AVAILABLE TO THE GENERAL PUBLIC UPON EACH INDIVIDUAL REQUEST. THE SAME HOLDS TRUE FOR THE 990 AND 990T. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS AND POLICIES AVAILABLE TO THE PUBLIC UPON EACH INDIVIDUAL REQUEST. |
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