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 7A | AT LARGE DIRECTORS AND THE AFFILIATED INDUSTRY DIRECTOR SHALL BE ELECTED BY A MAJORITY VOTE OF ALL OF THE VOTING MEMBERS AT THE ANNUAL MEETING OF THE MEMBERS, WITH EACH MEMBER BEING ENTITLED TO CAST ONE VOTE FOR EACH VACANCY ON THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD IS PROVIDED A DRAFT OF THE FORM 990 PRIOR TO FILING, AFTER BEING REVIEWED BY MANAGEMENT AND THE OUTSIDE ACCOUNTANT. |
| FORM 990, PART VI, SECTION B, LINE 12C | IPPA EXECUTIVE COMMITTEE MEMBERS (LEADERSHIP) HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL, OR POTENTIAL, CONFLICTS OF INTEREST. THEREFORE, IT IS IMPERATIVE THAT STAFF AND ELECTED LEADERSHIP COMPLETE A QUESTIONNAIRE, WHICH SEEKS TO IDENTIFY POSSIBLE AREAS WHERE A CONFLICT COULD ARISE. IPPA'S CONFLICT OF INTEREST STATEMENTS ARE TO BE COMPLETED ON AN ANNUAL BASIS BY ELECTED LEADERSHIP AND ASSOCIATION STAFF. |
| FORM 990, PART VI, SECTION B, LINE 15A | IN JULY 2013, JOSHUA TRENARY WAS HIRED BY THE BOARD AS EXECUTIVE DIRECTOR, HAVING BEEN SERVING THE ASSOCIATION AS THE DIRECTOR OF BUSINESS DEVELOPMENT. THE BOARD AND MR. TRENARY NEGOTIATED A COMPENSATION PACKAGE THAT RESULTED IN A PAY INCREASE FOR MR. TRENARY, BUT THEY DID NOT PERFORM A FORMAL COMPENSATION STUDY, AS THE COMPENSATION LEVEL WAS BELOW THAT OF THE TWO PREVIOUS EXECUTIVE DIRECTORS, WHERE THERE HAD BEEN FORMAL ANALYSIS OF COMPENSATION LEVELS PERFORMED. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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