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 APPROXIMATELY 4,500 MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE ORGANIZATION VOTE TO ELECT ALL MEMBERS OF THE GOVERNING BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7B | DECISIONS OF THE GOVERNING BODY THAT ARE SUBJECT TO APPROVAL BY MEMBERS OF THE ORGANIZATION INCLUDE: THE CREATION AND TERMINATION OF DEEDS, MORTGAGES, TRUST AGREEMENTS AND NEGOTIABLE INSTRUMENTS, THE SALE OR PURCHASE OF REAL ESTATE OR OTHER PROPERTY IN EXCESS OF $10,000, THE DISBURSEMENT OF REASONABLE AMOUNTS, NOT TO EXCEED $2,500, FOR CHARITABLE ACTIVITIES. WHILE NOT ALL DECISIONS OF THE GOVERNING BOARD ARE SUBJECT TO THE APPROVAL BY THE MEMBERS, THE BY-LAWS ARE APPROVED AND VOTED ON BY THE MEMBERSHIP AND ALL FINANCIAL STATEMENTS ARE REVIEWED MONTHLY AT REGULAR BOARD MEETINGS. |
| FORM 990, PART VI, SECTION A, LINE 8B | THERE IS NO APPLICABLE COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY FOR WHICH MINUTES WOULD NEED TO BE RECORDED. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS REVIEWED BY THE SECRETARY-TREASURER IMMEDIATELY FOLLOWING THE RECEIPT OF THE 990. COPIES OF THE 990 ARE DISTRIBUTED TO ALL BOARD MEMBERS FOR THEIR REVIEW AND COMMENT PRIOR TO THE FILING OF THE 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | TRUSTEES ARE REQUIRED ANNUALLY TO DISCLOSE CONFLICTS OF INTEREST. TRUSTEES WOULD ADDRESS A CONFLICT OF INTEREST IF ONE AROSE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION FORMULA WAS CREATED BY AN INDEPENDENT GROUP OF RANK AND FILE MEMBERS. THE RECOMMENDATION WAS REPORTED TO THE GOVERNING BOARD AND THE FORMULA WAS APPROVED BY THE BOARD AND GENERAL MEMBERSHIP. THE COMPENSATION FORMULA WAS INCORPORATED INTO THE BY-LAWS OF THE LOCAL. THE COMPENSATION FORMULA WAS DEVELOPED BY COMPARING COMPENSATION WITH OTHER LOCALS. THE COMPENSATION RATE USED IN THE FORMULA IS UPDATED ANNUALLY BASED UPON THE CONTRACTS NEGOTIATED BY THE LOCAL. IN ADDITION, ALL OFFICERS ALSO RECEIVE AN EXPENSE ALLOWANCE IN ACCORDANCE WITH THE BY-LAWS. |
| FORM 990, PART VI, SECTION C, LINE 19 | WHILE DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC, ALL MEMBERS ARE PROVIDED WITH THE BY-LAWS OF THE ORGANIZATION UPON BEING SWORN IN. THE CONSTITUTION IS ALSO PROVIDED. ALL OTHER GOVERNING DOCUMENTS, INCLUDING FINANCIAL STATEMENTS, ARE MADE AVAILABLE TO THE MEMBERSHIP UPON THEIR REQUEST. |
| FORM 990, PART XI, LINE 2C | THE TRUSTEES ASSUME THE RESPONSIBLITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. |
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