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 | MEMBERS HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE, ELECT THE MEMBERS OF THE GOVERNING BODY, AND APPROVE SIGNIFICANT DECISIONS OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION HAS A MERCHANT BOARD OF DIRECTORS AS ITS GOVERNING BODY. THE BOARD VOTES ON GENERAL BOARD SEATS AND EXECUTIVE BOARD SEATS. |
| FORM 990, PART VI, SECTION A, LINE 7B | FILLING OF BOARD SEATS IS BY BOARD VOTE, WITHOUT NEED FOR ADDITIONAL APPROVAL. THE EXECUTIVE BOARD MAKES OPERATING DECISIONS AS THEY PERTAIN TO THE ONGOING OPERATIONS OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS PREPARED AND REVIEWED BY THE TREASURER. FINANCIAL STATEMENTS OF THE ORGANIZATION ARE PREPARED BY THE TREASURER AND REVIEWED BY THE BOARD AT QUARTERLY MEETINGS. |
| FORM 990, PART VI, SECTION B, LINE 15 | FORM 990, PART VI, SECTION B, LINES 15A & 15B: THE ORGANIZATION DOES NOT HAVE A PROCESS FOR DETERMINING COMPENSATION SINCE IT HAS NO PAID OFFICERS OR DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE MERCHANT BOARD IS COMPRISED OF 10 MERCHANT MEMBERS. THE ROLES AND RESPONSIBILITIES OF EXECUTIVE BOARD POSITIONS ARE OUTLINED IN THE ORGANIZATION'S WEBSITE UNDER 'ABOUT DRF'. GOVERNANCE DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT PUBLICLY AVAILABLE. |
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