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 | THE OFFICERS AND KEY EMPLOYEES OF THE ASSOCIATION HAVE NO FAMILY OR BUSINESS RELATIONSHIPS WITH OTHER OFFICERS OR KEY EMPLOYEES OF THE ASSOCIATION. THE MEMBER COMPANIES OF THE ASSOCIATION HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER (E.G. AS SUPPLIERS OF COMPONENT PARTS, ETC.). THESE ARE ARMS LENGTH RELATIONSHIPS BETWEEN INDEPENDENT BUSINESS ENTITIES. THE EXACT NATURE AND EXTENT OF THESE RELATIONSHIPS ARE NOT AVAILABLE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ASSOCIATION'S VOTING MEMBERSHIP CONSISTS OF 87 COMPANIES IN THE GENERAL AVIATION FIELD. EACH MEMBER COMPANY DESIGNATES ONE INDIVIDUAL TO SERVE ON THE BOARD OF DIRECTORS. EVERY BOARD MEMBER IS ELECTED BY THE FULL BOARD OF DIRECTORS. MEMBERS OF THE BOARD OF DIRECTORS SERVE WITHOUT COMPENSATION. THE BOARD OF DIRECTORS IS THE GOVERNING BODY OF THE ASSOCIATION. ALL DIRECTORS ARE VOTING MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE MEMBERS OF GENERAL AVIATION MANUFACTURERS ASSOCIATION DIRECTORS ARE HIGHER ECHELON OFFICERS OF MEMBER COMPANIES. THE BOARD MEMBERS DO NOT HAVE THE TIME AND/OR EXPERTISE TO REVIEW THE FORM 990. THE BOARD OF DIRECTORS HAVE AUTHORIZED THE ASSOCIATION TO PROVIDE A COPY OF THE FORM 990 TO MEMBERS OF THE FINANCE COMMITTEE BEFORE FILING THE TAX RETURN. A COMPLETE COPY OF THE FORM 990 WAS E-MAILED TO ALL THE MEMBERS OF THE FINANCE-COMMITTEE BEFORE FILING. THIS RETURN WAS REVIEWED BY THE DIRECTOR OF ACCOUNTING AND THE CORPORATE SECRETARY, AS WELL AS BY THE ASSOCIATION PRESIDENT AND CEO. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD MEMBERS, GAMA OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT ANNUALLY SIGNED CONFLICT OF INTEREST DISCLOSURE STATEMENTS TO THE ASSOCIATION'S DIRECTOR OF ADMINISTRATION. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION FOR THE ASSOCIATION'S PRESIDENT & CEO ARE REVIEWED AND APPROVED ANNUALLY BY THE CHAIRMAN AND VICE CHAIRMAN OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 18 | AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE UPON REQUEST. |
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