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, PAGE 6, PART VI, LINE 6 | THE MEMBERSHIP BASE IS MADE UP OF MADISON COUNTY SMALL BUSINESS LEADERS WITH A SINCERE INTEREST IN THE PROGRESS OF HUNTSVILLE. |
| FORM 990, PAGE 6, PART VI, LINE 7A | AS REQUIRED BY THE ORGANIZATION'S CHARTER, THE ASSOCIATION SHALL HOLD AN ANNUAL BUSINESS MEETING IN NOVEMBER TO ELECT A NEW BOARD OF DIRECTORS AND TO CONDUCT ANY OTHER NEW BUSINESS. THE GENERAL MEMBERSHIP VOTES DURING THE BUSINESS PORTION OF THE ANNUAL MEETING TO ACCEPT OR REJECT THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE EXECUTIVE COMMITTEE, INCLUDING THE BOARD FINANCE CHAIR, REVEIW AND APPROVE THE 990 PRIOR TO FILING. THE FULL BOARD REVIEWS THE DOCUMENT AT ITS NEXT MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | AT ITS JANUARY BOARD MEETING, ALL DIRECTORS SIGN A CONFLICT OF INTEREST AND WHISTLEBLOWER POLICY STATEMENTS AFTER REVIEW BY THE BOARD GOVERNANCE CHAIR. IF A BOARD MEMBER REPORTS A POTENTIAL CONFLICT OF INTEREST, IT IS REVIEWED BY THE EXECUTIVE COMMITTEE FOR A DECISION ON COMPLIANCE ACTIONS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | A BOARD COMMITTEE LED BY THE CHAIRPERSON REVIEWS COMPENSATION PACKAGES FOR SIMILAR POSITIONS TO THE EXECUTIVE DIRECTOR'S. AFTER AN ANNUAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR, THE COMMITTEE APPROVES ANY INCREASES OR CHANGES TO THE EXECUTIVE DIRECTOR'S COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTATION IS AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS AT THE OFFICE AT 228 HOLMES AVENUE, SUITE 207, HUNTSVILLE, AL. |
| FORM 990, PART XI, LINE 9 | PRIOR YEAR CHANGES 7,917 TOTAL 7,917 |
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