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, Line 11b: Form 990 Review Process | The Form 990 is prepared by an independent accountant. The return is then reviewed by the President of the IACC, Chairperson, Treasurer, along with our outside general counsel, and outside tax attorney. They have seven days to review and provide comments or questions. After all questions or comments are addressed, the return is reviewed again by the President of the IACC prior to filing the return electronically with the Internal Revenue Service. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | WRITTEN STATEMENT AND POLICY IS DISTRIBUTED AND AFFIRMATION SIGNATURE REQUIRED. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE AND THE CHAIRPERSON PURSUANT TO AN EMPLOYMENT CONTRACT. FACTORS THAT ARE CONSIDERED INCLUDE THE CEO/PRESIDENTS PERFORMANCE, DUTIES, AND RESPONSIBILITIES. IN ADDITION, THE TOTAL COMPENSATION PACKAGE IS COMPARED TO OTHER ASSOCIATION CEO/PRESIDENTS IN SIMILARLY SITUATED POSITIONS. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | COMPENSATION IS DETERMINED BY A PERFORMANCE EVALUATION WHICH IS REVIEWED BY BOTH THE PRESIDENT AND CHAIRPERSON. THE COMPENSATION IS ALSO COMPARED TO PERSONS IN SIMILARLY SITUATED POSITIONS. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Software ID: | 14000252 |
| Software Version: | 2014v5.0 |