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 4 | THE ORGANIZATION MADE CHANGES TO THEIR BYLAWS TO GRANDFATHER IN COMPANIES AS REGULAR MEMBERS THAT WERE ASSOCIATE MEMBERS AND CONTINUED TO PAY DUES CONSISTENTLY AFTER THE JUNE 2013 CHANGE TO BYLAWS WHICH ELIMINATED THE ASSOCIATE MEMBER CATEGORY. THE BYLAWS WERE ALSO MODIFIED TO ALLOW DIRECTORS TO SERVE BETWEEN ONE TO THREE YEAR TERMS INSTEAD OF ALL THREE YEAR TERMS, AS WELL AS ALLOWING THE BOARD TO FILL VACANCIES WHEN DIRECTORS RESIGNED OR MEMBERS WENT OUT OF BUSINESS OR WERE NO LONGER PART THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT OF FORM 990 WILL BE DISTRIBUTED TO MEMBERS OF THE EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR IS PROVIDED A CONFLICT OF INTEREST DISCLOSURE DOCUMENT TO REVIEW, SIGN AND RETURN AT THE BEGINNING OF THE FISCAL YEAR AND AT ANY POINT WHEN A CONFLICT OF INTEREST MAY ARISE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD SERVES AS THE CHAMBER'S COMPENSATION COMMITTEE AND IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER (CEO) OF THE CHAMBER. ON AN ANNUAL BASIS, THE EXECUTIVE COMMITTEE CONDUCTS AN ASSESSMENT OF THE PERFORMANCE OF THE CEO DURING THE PREVIOUS YEAR, MEETS WITH THE CEO TO DISCUSS HIS OR HER PERFORMANCE, REVIEWS DATA ON THE COMPENSATION OF CEO'S AT COMPARABLE CHAMBERS THROUGHOUT THE GEOGRAPHIC AREA, AND SETS THE CEO'S COMPENSATION FOR THE COMING YEAR. SALARY AND OTHER COMPENSATION AMOUNTS ARE INCLUDED IN THE ANNUAL BUDGET OF THE ORGANIZATION, WHICH IS SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 1023, FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
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