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 3 | THE AFFILIATED MEMBERS ARE RESPONSIBLE FOR THEIR POLICIES AND PROCEDURES GOVERNING THEIR ACTIVITIES. |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERSHIP IN THE INSTITUTE SHALL BE EITHER ORGANIZATIONAL MEMBERSHIP OR INDIVIDUAL MEMBERSHIP. ORGANIZATION MEMBERSHIPS CONSIST OF PRODUCER, ASSOCIATE, AND SUPPORTING ORGANIZATION MEMBERS. INDIVIDUAL MEMBERSHIPS CONSISTS OF PROFESSIONAL, ASSOCIATE PROFESSIONAL, STUDENT, AND SUPPORTING MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7A | IN MEMBERSHIP MEETINGS AND ELECTIONS UNDER THE BYLAWS, AND IN OTHER MATTERS THAT MAY, AT THE SOLE DISCRETION OF THE BOARD OF DIRECTORS, BE PRESENTED FOR VOTE TO THE PRODUCER, ASSOCIATE, AND PROFESSIONAL MEMBERSHIPS, EACH PRODUCER, ASSOCIATE, AND PROFESSIONAL MEMBER SHALL HAVE ONE VOTE. ALL OTHER CLASSES OF MEMBERSHIPS SHALL BE NON-VOTING. |
| FORM 990, PART VI, SECTION A, LINE 7B | IN MEMBERSHIP MEETINGS AND ELECTIONS UNDER THE BYLAWS, AND IN OTHER MATTERS THAT MAY, AT THE SOLE DISCRETION OF THE BOARD OF DIRECTORS, BE PRESENTED FOR VOTE TO THE PRODUCER, ASSOCIATE, AND PROFESSIONAL MEMBERSHIPS, EACH PRODUCER, ASSOCIATE, AND PROFESSIONAL MEMBER SHALL HAVE ONE VOTE. ALL OTHER CLASSES OF MEMBERSHIPS SHALL BE NON-VOTING. |
| FORM 990, PART VI, SECTION B, LINE 10B | THE ORGANIZATION HAS AFFILIATED MEMBERS THAT HAVE THEIR OWN FILING REQUIREMENTS AND ARE INDEPENDENTLY MANAGED AND GOVERNED. THE AFFILIATED MEMBERS ARE RESPONSIBLE FOR THEIR POLICIES AND PROCEDURES GOVERNING THEIR ACTIVITIES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE PRESIDENT AND CHIEF FINANCIAL OFFICER PRIOR TO FILING. FINANCIAL ISSUES ARE OVERSEEN BY THE EXECUTIVE COMMITTEE (DETAILED) AND THE BOARD (GENERAL) |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY IS INCLUDED IN EACH BOARD MEMBERS PACKET FOR EACH MEETING. THE PRESIDENT REVIEWS THE CONFLICT OF INTEREST POLICY AT EACH BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BUDGET PLANNING AND REVIEW TEAM RECOMMENDS, AND ULTIMATELY THE BOARD APPROVES, THE SALARIES OF THE STAFF IN AGGREGATE AS PART OF ITS APPROVAL OF THE BUDGET. THE EXECUTIVE COMMITTEE APPROVES SALARY AND BONUS OF THE PRESIDENT, AND SETS THE AGGREGATED TOTAL AMOUNTS FOR STAFF BONUSES, INDIVIDUAL STAFF SALARIES, AND BONUSES ARE SET BY THE PRESIDENTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. |
| FORM 990, PART XI, LINE 9: | NET INCOME PCI NORTHEAST REGION -157,929. |
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