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 B, LINE 11 | THE 990 IS REVIEWED FOR ANY DISCREPANCIES, QUESTIONS, AND CONCERNS BY THE EXECUTIVE AND FINANCE COMMITTEE. UPON ADDRESSING AND RESOLVING SUCH ITEMS OF CONCERN THE 990 IS SUBSEQUENTLY APPROVED FOR FILING BY THE EXECUTIVE AND FINANCE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THERE IS A DUTY TO DISCLOSE: IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED DIRECTOR OR INTERESTED OFFICER MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER MATERIAL FINANCIAL INTEREST TO THE CONFLICTS COMMITTEE PRIOR TO THE CONSIDERATION OF PROPOSED TRANSACTION, CONTRACT, OR ARRANGEMENT BY THE BOARD OR ANY COMMITTEE OF THE BOARD. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS: AFTER THE DISCLOSURE OF THE FINANCIAL INTEREST, THE DISINTERESTED MEMBERS OF THE CONFLICTS COMMITTEE SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. NEITHER THE BOARD NOR ANY COMMITTEE OF THE BOARD SHALL VOTE UPON ANY PROPOSED TRANSACTION, CONTRACT, OR ARRANGEMENT IN CONNECTION WITH WHICH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST HAS BEEN DISCLOSED BY AN INTERESTED DIRECTOR UNTIL SUCH TIME AS THE CONFLICTS COMMITTEE HAS ADDRESSED THE ACTUAL OR POSSIBLE CONFLICT OF INTEREST. FOR MATTERS PENDING BEFORE THE FULL BOARD OF DIRECTORS, A REFERRAL TO THE CONFLICTS COMMITTEE WILL NOT BE REQUIRED WHERE THE INTERESTED DIRECTOR FULLY DISCLOSES TO THE BOARD HIS OR HER FINANCIAL INTEREST AND ABSTAINS FROM PARTICIPATION IN THE BOARDS CONSIDERATION OF THE PROPOSED TRANSACTION, CONTRACT, OR ARRANGEMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | WHEN ESTABLISHING THE COMPENSATION OF KEY EMPLOYEES THE COMMISSIONER MAKES RECOMMENDATIONS TO THE BOARD ANNUALLY IN MAY. WHEN ESTABLISHING COMPENSATION FOR THE COMMISSIONER THE CHAIRPERSON OF THE BOARD WILL MAKE A RECOMMENDATION TO THE BOARD ANNUALLY IN MAY. THIS PROCESS WAS PERFORMED IN MAY OF 2009 FOR EACH KEY EMPLOYEE AND TOP MANAGEMENT OFFICIAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS' GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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