Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| PART VI; LINES 6 & 7A | THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION AND CONSEQUENTLY HAS MEMBERS. THE MEMBERS ELECT 7 MEMBERS OF THE BOARD. |
| PART VI; LINES 15A:B | Board has written employment contract for the President/CEO. Salary is reviewed annually and compared to industry averages. The President/CEO, with the approval of the board, sets employees salary. |
| PART VI; LINE 19 | Tax returns, financial statements and other governing documents are made available upon request. |
| PART VI; SECTION B; QUESTION 11B | ALL BOARD MEMBERS ARE GIVEN A COPY OF THE 990 BEFORE FILING. THE TREASURER APPROVES THE DRAFT 990 PRIOR TO FILING. |
| SCHEDULE R; PART V; QUESTION 2C | ACTUAL COSTS INCURRED WERE BELOW THE REQUIRED REPORTING THRESHOLD. |
| PART XI; LINE 5 | UNREALIZED GAIN(LOSS) ON INVESTMENTS |
| SCHEDULE D, PART X, LINE 1 | The Organization follows the provisions of Accounting for Uncertainty in Income Taxes under the Income Taxes Topic of the Codification. The Codification requires the evaluation of tax positions, which includes maintaining its tax-exempt status and the taxability of any unrelated business income, and does not allow recognition of tax positions which do not meet a "more-likely-than-not" threshold of being sustained by the applicable tax authority. Management does not believe it has taken any tax positions that would not meet this threshold. The Organization's income tax returns are subject to possible federal examination, generally for three years after they are filed. |
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