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 IRS FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER PRIOR TO BEING FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | EMPLOYEES HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THIS POLICY ESTABLISHES ONLY THE FRAMEWORK WITHIN WHICH THE DOWNTOWN BID PLANS TO OPERATE. THE PURPOSE OF THESE GUIDELINES IS TO PROVIDE GENERAL DIRECTION SO EMPLOYEES CAN SEEK FURTHER CLARIFICATION ON ISSUES RELATED TO THE SUBJECT OF ACCEPTABLE STANDARDS OF OPERATION. THE BASIC PRINCIPLE OF CONFLICT OF INTEREST IS THAT EMPLOYEES SHOULD AVOID ANY ACTIVTY, INVESTMENT, OR INTEREST THAT MIGHT REFLECT UNFAVORABLY UPON THE INTEGRITY OR GOOD NAME OF THE EMPLOYEE OR OF THE DOWNTOWN BID OR IN ANY WAY DAMAGE THE BUSINESS OF THE DOWNTOWN BID. EMPLOYEES ARE ENCOURAGED TO CONTACT THE DIRECTOR OF ADMINISTRATION FOR ADDITIONAL INFORMATION OR QUESTIONS ABOUT CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE STANDARD COMPENSATION OF THE EXECUTIVE DIRECTOR IS CONTRACT BASED. THE BOARD PRESIDENT COLLECTS AND REVIEWS EVALUATIONS FROM ALL THE EXECUTIVE COMMITTEE MEMBERS OF THE EXECUTIVE DIRECTOR'S PERFORMANCE. THE BOARD PRESIDENT MEETS WITH THE EXECUTIVE DIRECTOR WHEN COMPENSATION RECOMMENDATIONS HAVE BEEN APPROVED TO DISCUSS CHANGES IN COMPENSATION AND BENEFITS. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
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