Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
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| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION IS A NONPROFIT ASSOCIATION WITH MEMBERS WHO PAY DUES. THERE ARE 2 CLASSES OF MEMBERS: BENEFICIAL AND SOCIAL. BENEFICIAL MEMBERS ENJOY THE RIGHT TO VOTE REGARDING THE ELECTION OF AND/OR REMOVAL OF OFFICERS AND TRUSTEES, THE APPROVAL OF ALL CAPITAL EXPENDITURES, THE APPROVAL OF ALL OTHER EXPENDITURES IN EXCESS OF $300, THE APPROVAL OF CHANGES TO THE ASSOCIATION'S BY-LAWS AND OPERATING PRACTICES AND PROCEDURES, THE APPROVAL OF GRANTS TO COMMUNITY ORGANIZATIONS AND THE APPROVAL OF SCHOLARSHIP RECIPIENTS. SOCIAL MEMBERS ONLY HAVE THE RIGHT TO MAKE USE OF THE ASSOCIATION'S FACILITIES AND TO PARTICIPATE IN THE ASSOCIATION'S SOCIAL FUNCTIONS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ASSOCIATION HAS 2 CLASSES OF MEMBERS; BENEFICIAL MEMBERS AND SOCIAL MEMBERS. ONLY BENEFICIAL MEMBERS HAVE THE RIGHT TO VOTE IN ELECTIONS FOR MEMBERS OF THE ASSOCIATION'S GOVERNING BODY. ELECTIONS OF THE GOVERNING BODY ARE HELD WHENEVER VACANCIES ARISE. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE ASSOCIATION HAS 2 CLASSES OF MEMBERS; BENEFICIAL AND SOCIAL. ONLY BENEFICIAL MEMBERS HAVE THE RIGHT TO VOTE. A MEETING OF BENEFICIAL MEMBERS IS HELD ON A MONTLY BASIS. DECISIONS REQUIRING BENEFICAL MEMBERS' APPROVAL BY VOTE INCLUDE: ELECTION AND/OR REMOVAL OF MEMBERS OF THE GOVERNING BODY, APPROVAL OF ALL CAPITAL EXPENDITURES, APPROVAL OF ALL OTHER EXPENDITURES IN EXCESS OF $300 PER OCCURANCE, APPROVAL OF CHANGES TO THE ASSOCIATION'S BY-LAWS, OPERATING PRACTICES AND PROCEDURES, APPROVAL OF GRANTS AND SUPPORT TO COMMUNITY ORGANIZATIONS AND APPROVAL OF SCHOLARSHIP RECIPIENTS. |
| FORM 990, PART VI, SECTION B, LINE 11 | AT A SPECIAL MEETING OF THE OFFICERS OF THE ASSOCIATION, A FINAL DRAFT COPY OF THE FORM 990, INCLUDING ALL SCHEDULES AND SUPPORTING DOCUMENTATION ARE PROVIDED TO EACH OFFICER BY THE PREPARER OF THE FORM 990. THE ENTIRE FORM AND ALL ASSOCIATED SCHEDULES AND ATTACHMENTS ARE REVIEWED ON A LINE BY LINE BASIS. ALL REQUIRED CHANGES TO THE FORM 990 ARE SUBSEQUENTLY MADE BY THE PREPARER AND THE FINAL VERSION FOR FILING IS THEN PRESENTED TO THE PRESIDENT AND THE TREASURER FOR FINAL APPROVAL. ONCE APPROVED, ELECTRONIC FILING AUTHORIZATION IS SIGNED BY THE TREASURER AND FORM 990 IS ELECTRONICALLY FILED BY THE TAX PREPARER. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ASSOCIATION'S CONFLICT OF INTEREST POLICY IS APPLICABLE TO EACH OF THE OFFICERS, TRUSTEES AND EMPLOYEES OF THE ASSOCIATION. ON AN ANNUAL BASIS, EACH INDIVIDUAL TO WHOM THE POLICY IS APPLICABLE, MUST, IN WRITING, CERTIFY THAT HE/SHE HAS NOT BEEN A DIRECT OR INDIRECT PARTICIPANT IN ANY ACTIVITY WITH ANY VENDOR, SUPPLIER, OR OTHER PARTY DOING ANY BUSINESS WITH THE ASSOCIATION THAT HAS RESULTED OR COULD HAVE RESULTED IN ANY PERSONAL BENEFIT TO THAT INDIVIDUAL. EACH INDIVIDUAL MUST ALSO DISCLOSE TO THE GOVERNING BODY ANY PERSONAL INTEREST HE/SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE GOVERNING BOARD AND SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER. DETERMINATION OF THE EXISTENCE OF CONFLICTS OF INTEREST INVOLVING ASSOCIATION MATTERS, WHETHER DISCLOSED OR NOT, RESTS WITH THE GOVERNING BOARD (OFFICERS AND TRUSTEES) AND APPROPRIATE ACTION IS DETERMINED BASED ON THE FACTS AND CIRCUMSTANCES OF EACH CASE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC BY PERMITTING INSPECTION AND REVIEW OF THESE DOCUMENTS AT THE GENERAL OFFICE OF THE ASSOCIATION AFTER A RECEIPT OF WRITTEN REQUEST FROM THE INTERESTED PARTY AND THE SCHEDULING OF AN APPOINTMENT AT A MUTUALLY AGREEABLE TIME. |
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