Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Pt VI, Line 11b | The Form 990 is first reviewed by the Chamber Treasurer and the Finance Committee. It is then presented to the full board for review. |
| Pt VI, Line 6 | There are two classes of members, Class A and Class B. Class A members are assessed annually of a monetary payment to the corporation for costs, expenses, investments and obligations of the corporation. In any proceedings in which voting by members is called for, each Class A member in good standing is entitled to one vote. Class B members are honorary members selected by the Board of Directors and have all of the privileges of Class A members, except for the right to vote, and are exempt from payment of dues. |
| Pt VI, Line 15a | The compensation of the President was determined by a committee comprised of Chamber board members with information collected from the prior Chamber President. The Western Area Chamber Executives organization information was also reviewed to insure the salary package was in line with the industry in the area. |
| Pt XII, Line 1 | The method of accounting is the modified cash method. This is not a change in method; it is simply better describing the method the Organization has been using, and is in agreement to the audited financial statements. |
| Form 990, Part IX, Line 24e | Professional education 505. 0. 505. 0. |
| Form 990, Part IX, Line 24e | Other expenses 2443. 0. 2443. 0. |
| Software ID: | 15000272 |
| Software Version: |