Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS MEMBERS THAT JOIN TO RECEIVE THE MANY BENEFITS OFFERED BY THE ORGANIZATION. THE MEMBERS HOWEVER, DO NOT HAVE VOTING RIGHTS TO APPROVE THE APPOINTMENT OF THE DIRECTORS OR TO RECEIVE DISTRIBUTIONS OF ASSETS OR INCOME FROM THE ORGANIZATION. THE MEMBERS ARE GIVEN THE RIGHT TO VOTE ON AND APPROVE OF MAJOR DECISIONS THAT AFFECT THE ORGANIZATION AS A WHOLE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM WILL BE REVIEWED BY THE AUDIT COMMITTEE FOR VERIFICATION OF INFORMATION SUBMITTED. AFTER REVIEW AND APPROVAL BY THE AUDIT COMMITTEE AND PRESIDENT, THE FORM 990 WILL BE DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING. ONLY AFTER THIS PROCESS WILL THE FORM 990 BE FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION MONITORS AND ENFORCES THE POLICY BY REQUIRING ALL BOARD OF DIRECTORS TO SIGN, ANNUALLY, A CONFLICT OF INTEREST POLICY STATING THAT THEY DO NOT HAVE ANY CONFLICTS OF INTEREST WITH THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION DETERMINES COMPENSATION FOR TOP MANAGEMENT OFFICIALS THROUGH A REVIEW BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND SUBSTANTIATION AND DELIBERATION BY THE BOARD. THERE IS ALSO A COMPENSATION COMMITTEE FOR THE PRESIDENT AND STUDIES SUCH AS THE STUDY PREPARED BY THE AMERICAN CHAMBER OF COMMERCE ARE REVIEWED FOR COMPARABILITY. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. THE ORGANIZATION FILED IT'S FORM 1023 BEFORE JULY 1987 AND IS EXEMPT FROM THE IRS REQUIREMENT OF SUPPLYING OR SHOWING ITS FORM 1023 TO ANYONE REQUESTING THIS DOCUMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990 PART XI LINE 2C | THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT OVERSEES THE WORK PERFORMED, COMPENSATION OF, AND CHOOSING OF THE INDEPENDENT AUDITOR. |
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