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 7A | MEMBERS OF THE ORGANIZATION ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE CEO REVIEWS FORM 990 BEFORE IT IS FILED. IF NO CHANGES ARE NEEDED, IT IS SIGNED AND MAILED. IF CHANGES ARE REQUIRED, IT IS BROUGHT TO THE ATTENTION OF THE BOARD AND THE TAX PREPARER. |
| FORM 990, PART VI, SECTION B, LINE 12C | A BOARD AGREEMENT IS SIGNED AND REVIEWED AT THE ANNUAL RETREAT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE LOUISIANA ASSOCIATION OF CHAMBERS OF COMMERCE, AS WELL AS THE NATIONAL ASSOCIATION OF CHAMBERS OF COMMERCE, CONDUCT CHAMBER EMPLOYEE PAY SURVEYS THAT ARE REVIEWED YEARLY. THE CEO IS EVALUATED AT THE MID-YEAR RETREAT IN JULY AND IN JANUARY BY THE EXECUTIVE BOARD EACH YEAR BASED ON BUDGET PROJECTIONS, OVERALL PERFORMANCE, AND INFORMATION PROVIDED BY THE CPA AND BOOKKEEPER. THE CEO PERFORMS TWO EVALUATIONS PER YEAR WITH THE STAFF. IN JANUARY, THE STAFF ARE EVALUATED AND A BONUS AMOUNT (IF APPLICABLE) IS AGREED UPON WITH THE CEO AND THE EXECUTIVE BOARD FOR DISTRIBUTION BY THE CEO TO THE STAFF BASED ON PERFORMANCE EVALUATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS USED BY THE COMMITTEE THAT ASSUMES OVERSIGHT OF THE AUDIT HAS NOT CHANGED SINCE THE PRIOR YEAR. |
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