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 6 | The Committee of 200 is an organization of highly successful women business leaders. Members include Entrepreneur/Corporate Executive, Honorary, and Legacy Members. |
| Form 990, Part VI, Section A, line 7a | Members of Committee of 200 shall elect the Board of Directors of the organization. |
| Form 990, Part VI, Section A, line 7b | The business and financial affairs of the corporation shall be managed by the Board of Directors. |
| Form 990, Part VI, Section B, line 11 | The Form 990 is reviewed by the Director of Finance and the Treasurer, in conjunction with an independent accounting firm, and approved by the Treasurer. The final return is made available to the entire Board of Directors who approve the Form prior to filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | All Officers and Directors of the organization are required to disclose any potential conflict to the Executive Committee. Yearly affirmations are also made to confirm independence and the individual's agreement to the conflict of interest policy. The Executive Committee will determine the course of action in dealing with potential conflicts of interest, including as needed, discussion with the full Board, recusal of the disclosing person, or resignation of the disclosing person. |
| Form 990, Part VI, Section B, line 15 | The Executive Committee reviews and sets all compensation of the staff of the organization by looking at independent comparable data and current information regarding the achievement of the organization's goals as directed by the Officers. The process and decisions are documented in the minutes. |
| Form 990, Part VI, Section C, line 19 | The Committee of 200 makes its governing documents, conflict of interest policy, and financial statements available to the public upon request for the same period of disclosure as set forth in IRC Section 6104(d). |
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