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 6 | THE CHAMBER SOLICITS MEMBERSHIP OF LOCAL BUSINESSES AND BUSINESS OWNERS. VOTING PRIVILEGES SHALL BE EXTENDED TO ALL MEMBERS OF THE GREATER YAKIMA CHAMBER OF COMMERCE. EACH MEMBER SHALL HAVE ONE VOTE. NO MEMBER CAN ACQUIRE ANY INTEREST IN WHICH WILL ENTITLE THE MEMBER TO ANY GREATER VOICE, VOTE OR AUTHORITY OR INTEREST IN THE CHAMBER THAN ANY OTHER MEMBER. WHEN ANY PARTNERSHIP, LIMITED LIABILITY COMPANY, CORPORATION OR GOVERNMENTAL ENTITY IS REPRESENTED BY SEVERAL INDIVIDUALS IT MUST DESIGNATE ONE VOTING MEMBER TO VOTE FOR SUCH ENTITY. IN THE EVENT OF A DISPUTE AS TO WHO IS AUTHORIZED TO VOTE FOR SUCH ENTITY, NO VOTE WILL BE REGISTERED UNTIL THAT DISPUTE HAS BEEN RESOLVED BY SUCH ENTITY. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH MEMBER OF THE CHAMBER IN GOOD STANDING SHALL HAVE ONE VOTE FOR THE ELECTION OF THE BOARD OF DIRECTORS. IN THE EVENT OF A TIE VOTE, THE CHAIRMAN OF THE BOARD OF THE CHAMBER SHALL BREAK SAID TIE BY CHANCE OR LOT AND DETERMINE THE PERSON ELECTED. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS TO REVIEW BEFORE THE FORM IS SUBMITTED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE YEARLY UPDATES TO THE CONFLICT OF INTEREST POLICY. IF A CONFLICT ARISES, THE PERSON WITH SUCH CONFLICT IS NOT ALLOWED TO VOTE ON THE MATTER. THE GOVERNANCE COMMITTEE MONITORS CONFLICT OF INTEREST MATTERS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS REVIEWS EMPLOYMENT CONTRACTS AND USES INDUSTRY SURVEYS TO EVALUATE COMPENSATION. THE APPROVAL PROCESS IS DOCUMENTED AND WAS LAST DONE DECEMBER 2016. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
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