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 2 | THE BOARD MEMBERS PETER ENGEL AND BENJAMIN ENGEL HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 7A | AN ANNUAL MEETING OF MEMBERS IS HELD TO ELECT DIRECTORS WHOSE TERMS EXPIRE AND TO FILL EXISTING VACANCIES. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS REVIEWED BY AN OUTSIDE ACCOUNTING FIRM INITIALLY, THEN THE EXECUTIVE DIRECTOR REVIEWS AND SIGNS THE RETURN PRIOR TO SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | NEW BOARD MEMBERS ARE GIVEN THE CONFLICT OF INTEREST STATEMENT. IT IS EXPLAINED TO THEM AND THEY ARE ASKED TO SIGN IT. THEN EACH YEAR AT THE ANNUAL MEETING A COPY OF THE CONFLICT OF INTEREST POLICY IS ISSUED TO ALL OF THE BOARD MEMBERS AND THEY ARE ASKED TO NOTIFY THE BOARD OF ANY POTENTIAL CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS, THROUGH THE EXECUTIVE COMMITTEE, DETERMINES THE COMPENSATION OF THE CEO/PRESIDENT. THE CEO/PRESIDENT'S COMPENSATION IS REVIEWED ON AN ADHOC BASIS AND TAKES INTO ACCOUNT VARIOUS SOURCES BY WHICH TO ESTABLISH AN APPROPRIATE LEVEL. COMPENSATION IS DEFINED AS BASE SALARY, BONUSES, RETIREMENT CONTRIBUTIONS, AND BENEFITS. THE WISCONSIN BBB'S EXECUTIVE COMMITTEE REVIEWS THE CEO COMPENSATION USING AT LEAST FOUR METRICS: COMPARABLE BBB CEO DATA OBTAINED FROM THE BBB COUNCIL (ANNUAL SURVEY), CEO SALARY TO REVENUE RATIO, AN UNDERSTANDING FROM BBB BOARD MEMBERS OF COMPARABLE PAY FOR OTHER NON-PROFIT MEMBERSHIP ORGANIZATIONS THAT THEY SERVE ON AS BOARD MEMBERS, AND PERFORMANCE. IN ADDITION, THE WISCONSIN BBB CEO IS HELD TO ANNUAL "CEO GOALS", APPROVED BY THE BBB EXECUTIVE COMMITTEE AND THE FULL BOARD BEFORE ANY PERFORMANCE-RELATED BONUS IS CONSIDERED FOR THE PREVIOUS OPERATING YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | STATEMENTS AND POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST |
| FORM 990, PART XII, LINE 1: | 990 IS PREPARED ON THE MODIFIED CASH BASIS. |
| FORM 990, PART XII, LINE 2C: | THE 990 IS REVIEWED BY AN OUTSIDE ACCOUNTING FIRM INITIALLY, THEN THE EXECUTIVE DIRECTOR REVIEWS AND SIGNS THE RETURN PRIOR TO SUBMISSION. |
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