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 is made up of corporate and individual members. Active members can attend programs, have access to private dining facilities, and are listed in the member directory. |
| Form 990, Part VI, Section A, line 7a | Active members vote for the Board of Directors. Some of the members serve on the Board. |
| Form 990, Part VI, Section B, line 11b | Form 990 is prepared by an independent accounting firm and a draft is reviewed by management and the finance chair for comments and approval. A copy of the return is distributed to the board members prior to filing. |
| Form 990, Part VI, Section B, line 12c | At the time of hire or election (in the case of board member) and annually thereafter, the officers, board members, and key employees provide the applicable conflict of interest disclosures which identify any relationships, positions, or circumstances in which it is believed a conflict may arise. If a conflict arises, the officer, director, or key employee abstains from the vote of the conflicted position. |
| Form 990, Part VI, Section B, line 15 | The process for determining compensation for the President & CEO is conducted by the executive members of the board. The process involves using compensation figures reported in comparable organization's Form 990s. The process for determining compensation of other officers or key employees is conducted by the President & CEO by using comparable data of other organizations of a similar size and industry. |
| Form 990, Part VI, Section C, line 19 | The organization's conflict of interest policy and financial statements are available by request. |
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