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 3 | THE ORGANIZATION HAS DELEGATED ALL FINANCIAL FUNCTIONS TO A MANAGEMENT COMPANY, INTRINXEC MANAGEMENT INC. THE ORGANIZATION'S BOARD RETAINS OVERSITE AND APPROVAL OF THE FUNCTIONS DELEGATED TO THE MANAGEMENT COMPANY. |
| FORM 990, PART VI, SECTION A, LINE 6 | ANY BUSINESS ENTITY, INCLUDING SOLE PROPRIETORSHIPS, OR INDIVIDUALS MEETING THE MEMBERSHIP REQUIREMENTS SET FORTH BELOW SHALL BE ELIGIBLE TO APPLY TO BECOME A MEMBER OF THE ASSOCIATION. THE BOARD OF DIRECTORS, WHICH SHALL ACT ON ALL MEMBERSHIP APPLICATIONS, MAY, FROM TIME TO TIME, ESTABLISH DUES, ASSESSMENTS, FEES, AND OTHER CONDITIONS OF MEMBERSHIP. EACH VOTING MEMBER SHALL DESIGNATE IN WRITING ONE INDIVIDUAL WHO SHALL BE ENTITLED TO CAST THE MEMBER'S VOTE. THERE ARE THE FOLLOWING CLASSES OF MEMBERSHIP: TPA MEMBER - ANY BUSINESS ENTITY REGULARLY ENGAGED IN THIRD PARTY ADMINISTRATION OF HEALTH CARE INSURANCE SHALL BE ELIGIBLE TO APPLY TO BECOME A TPA MEMBER OF THE ASSOCIATION. AFFILIATE MEMBER: ANY BUSINESS ENTITY ENGAGED IN PROVIDING SUPPORTING SERVICES OR PRODUCTS TO ENTITIES ELIGIBLE FOR REGULAR MEMBERSHIP IN THE ASSOCIATION SHALL BE ELIGIBLE TO APPLY TO BECOME AN AFFILIATE MEMBER OF THE ASSOCIATION EMERITUS MEMBER: ANY INDIVIDUAL WHO WAS EMPLOYED BY OR AFFILIATED WITH A TPA MEMBER OR AN AFFILIATE MEMBER AND ACTIVE IN THE AFFAIRS OF THE ASSOCIATION FOR AT LEAST 5 YEARS, AS DETERMINED BY THE BOARD OF DIRECTORS, OR WHO HAS RETIRED FROM THE ACTIVE PRACTICE OF THIRD PARTY ADMINISTRATION, OR ITS SUPPORT, SHALL BE ELIGIBLE TO APPLY TO BECOME AN EMERITUS MEMBER OF THE ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION'S MEMBERS ARE ENTITLED TO VOTE AND TO ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED AND APPROVED BY THE BOARD AT THEIR MONTHLY MEETING PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL CONFLICTING INTERESTS ARE FULLY DISCLOSED BY THE BOARD OF DIRECTORS. THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION. A COMPETITIVE BID OR COMPARABLE VALUATION IS COMPLETED ON THE TRANSACTION. THE BOARD (EXCLUDING THE PERSON WITH THE CONFLICT) DETERMINES IF THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AS PART OF THE ASSOCIATION'S STRATEGIC PLANNING AND BUDGET PROCESS AND THE BUDGET IS REVIEWED AND APPROVED BY THE FULL BOARD. COMPARABLE SALARY DATA IS PROVIDED BY THE MANAGEMENT COMPANY AND LEGAL COUNSEL. A FULL EVALUATION PROCESS FOR THE EXECUTIVE DIRECTOR IS BEING IMPLEMENTED IN THE FISCAL YEAR ENDING 6/30/16. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ARTICLES OF INCORPORATION, BYLAWS, AND CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OF THE AUDIT NOR ITS SELECTION PROCESS OF AN INDEPENDENT ACCOUNTANT DURING THE TAX YEAR |
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