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 2 | ALL OF OUR BOARD MEMBERS' COMPANIES ARE MEMBERS OF THE CHAMBER. OUR SECRETARY'S COMPANY LANE POWELL IS OUR LEGAL COUNCIL, AND WE CONDUCT ARMS LENGTH TRANSACTIONS WITH SEVERAL COMPANIES OF OUR BOARD MEMBERS. THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY AND ANY BOARD MEMBER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE WITH A CONFLICT IS NOT PARTICIPATORY IN DECISION MAKING RELATED TO SUCH CONFLICTS. |
| FORM 990, PART VI, SECTION A, LINE 3 | THE EXECUTIVE COMMITTEE MEETS MONTHLY AND IS AUTHORIZED TO ACT ON BEHALF OF THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE CHAMBER IS A MEMBERSHIP ORGANIZATION OF OVER 2200 BUSINESSES WHICH SUPPORT IMPROVING THE BUSINESS CLIMATE OF THE REGION. |
| FORM 990, PART VI, SECTION A, LINE 7B | CERTAIN DECISIONS SUCH AS CHANGES TO THE BYLAWS ARE SUBJECT TO MEMBER APPROVAL AT THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY THE CHAMBER'S INDEPENDENT CPA FIRM AND REVIEWED BY THE CHAMBER'S CFO. A COPY OF THE RETURN IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICTS ARE REVIEWED BY CFO AND FINANCE COMMITTEE AS THEY COME UP. MEMBERS ARE ASKED TO DISMISS THEMSELVES IF A VOTE IS PERTINANT TO A CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO'S SALARY IS DETERMINED BY EXECUTIVE COMMITTEE OF THE BOARD WHO MET IN EXECUTIVE SESSION WITH THE COUNCIL OF VP OF PEOPLE PROGRAMS AND HIRING COMMITTEE, USING DATA THAT INCLUDES COMPARATIVE COMPENSATION DATA. OTHER OFFICERS' SALARIES ARE DETERMINED BY THE CEO OF THE CHAMBER ANNUALLY, BASED ON INDIVIDUAL MERIT AND ORGANIZATIONAL OPERATING RESULTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW BY THE BOARD OF TRUSTEES UPON REQUEST, BUT ARE NOT GENERALLY MADE AVAILABLE TO THE PUBLIC BY THE ORGANIZATION, OTHER THAN WHAT IS AVAILABLE FROM GOVERNMENT AGENCIES. |
| FORM 990, PART IX, LINE 11G | OTHER PROFESSIONAL FEES 865,688. |
| FORM 990, PART XI, LINE 9: | CCS NET ASSETS -30,181. |
| FORM 990, PART XII, LINE 2C: | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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