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 | PATRICIA WHITE, OUTSIDE CPA, PROVIDES OVERSIGHT OF THE ACCOUNTING FUNCTION. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION IS COMPRISED OF NON-VOTING MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | BBB SENDS A BALLOT OF NOMINEES ANNUALLY TO THE FULL MEMBERSHIP AND THE MEMBERSHIP ELECTS THE BOARD. THE ANNUAL MEETING AND DIRECTOR ROTATION OCCURS IN FEBRUARY. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED AND APPROVED BY THE CEO, BOARD CHAIR, AND OUTSIDE CPA PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BBB CONFLICT OF INTEREST POLICY IS INCLUDED IN THE BBB EMPLOYEE MANUAL. ALL EMPLOYEES ARE REQUIRED TO SIGN. SUPERVISORS MONITOR INDIVIDUAL EMPLOYEE PERFORMANCE AND WOULD TREAT ANY CONFLICT OF INTEREST VIOLATIONS SERIOUSLY AND IN ACCORDANCE WITH THE SEVERITY OF THE VIOLATION UP TO AND INCLUDING TERMINATION. THE BBB CONFLICT OF INTEREST POLICY IS REVIEWED AT THE FIRST FULL BOARD MEETING OF EACH YEAR WITH THE DIRECTORS. THE DISCUSSION IS LED BY THE CEO AND BBB LEGAL COUNSEL AND DIRECTORS MUST SIGN THE POLICY ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15 | EACH DECEMBER, A COMPENSATION CONSULTANT REVIEWS COMPARABLE EARNINGS OF 501(C)(6) LEADERS AND OFFERS INFORMATION TO BBB EXECUTIVE COMMITTEE MEMBERS. THE SIZE OF THE BUDGET, STAFF, AND EARNINGS ARE COMPARED WITH SIMILAR ORGANIZATIONS IN THIS PART OF THE COUNTRY. A SALARY IS DETERMINED ALONG WITH BENEFITS AND GOALS SET FOR THE UPCOMING YEAR WHICH WILL DETERMINE YEAR-END BONUS. MONTHLY UPDATES OF GOALS PROGRESS ARE GIVEN TO THE EXECUTIVE COMMITTEE. THE JOB DESCRIPTIONS AND AREAS OF OVERSIGHT FOR BBB VICE PRESIDENTS AND EXECUTIVE DIRECTORS (BRANCH MANAGERS) ARE REVIEWED AND EARNINGS RANGES ARE DEVELOPED ANNUALLY. |
| 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 WRITTEN REQUEST. |
| FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S OVERSIGHT PROCESS AND ITS | PROCESS FOR SELECTION OF AN INDEPENDENT ACCOUNTANT DID NOT CHANGE DURING THE TAX YEAR. |
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