Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Pt VI, Line 6 | THE ASSOCIATION HAS 3 TYPES OF MEMBERSHIPS: REGULAR, ASSOCIATE AND CORPORATE. REGULAR MEMBERS ARE A FIRM THAT HAS 51% OR MORE HISPANIC OWNERSHIP. ASSOCIATE MEMBERS ARE ALL OTHER ORGANIZATIIONS NOT MEETING THE CRITERIA FOR REGULAR MEMBERSHIP BUT THAT THE BOARD DEEMS TO BE A GOOD BUSINESS RELATIONSHIP. A CORPORATE MEMBER IS A SINGLE BUSINESS ENTITY. |
| Pt VI, Line 7a | VOTING MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS. |
| Pt VI, Line 7b | THERE ARE CERTAIN BOARD DECISIONS THAT MUST BE APPROVED BY THE MEMBERS. |
| Pt VI, Line 11b | AN OUTSIDE INDEPENDENT CPA FIRM PREPARES THE ASSOCIATION'S FORM 990 AND SUBMITS IT TO THE BOARD FOR REVIEW AND APPROVAL. THE BOARD'S QUESTIONS AND COMMENTS ARE DIRECTD TO THE CPA FIRM FOR RESOLUTION. AFTER ALL DISCUSSION POINTS ARERESOLVED THE RETURN IS SIGNED BY THE EXECUTIVE DIRECTOR. |
| Pt VI, Line 12c | THE ASSOCIATION REVIEWS ALL CONTRACTS AND INVOICES TO ENSURE THAT THERE ARE NO CONFLICTS OF INTEREST. |
| Pt VI, Line 15a | COMPENSATION IS DETERMINED AS PART OF THE BUDGETING PROCESS AND COMPETITIVE WAGE REQUIREMENTS. THE EXECUTIVE COMMITTEE DISCUSSES AND REVIEWS THE EXECUTIVE DIRECTOR'S SALARY AND BENEFITS, AND TERMS OF EMPLOYMENT SUBJECT TO THE FULL BOARD'S FINAL APPROVAL. |
| Pt VI, Line 15b | COMPENSATION IS DETERMINED AS PART OF THE BUDGETING PROCESS CONSIDERING COMPETITIVE WAGE REQUIREMENTS. |
| Pt X | THE ASSOCIATION UTILIZES SFAS 117. |
| Pt XII, Line 2c | THE SEPARATE FINANCIALS ARE AUDITED BY AN INDEPENDENT CPA FIRM. THE ASSOCIATION REVIEWS AND OVERSEES THE WORK OF THE OUTSIDE AUDITORS. |
| Form 990, Part IX, Line 24e | MISCELLANEOUS 1299. 935. 234. 130. |
| Form 990, Part IX, Line 24e | OUTSIDE SERVICES 48833. 48833. 0. 0. |
| Form 990, Part IX, Line 24e | POSTAGE 1573. 913. 503. 157. |
| Form 990, Part IX, Line 24e | PROFESSIONAL FEES 16087. 14478. 1609. 0. |
| Form 990, Part IX, Line 24e | TELEPHONE 5934. 4154. 890. 890. |
| Form 990, Part IX, Line 24e | SPECIAL EVENTS 254736. 0. 0. 254736. |
| Form 990, Part IX, Line 24e | REPAIRS 4010. 2847. 441. 722. |
| Form 990, Part IX, Line 24e | TRAINING 9300. 9300. 0. 0. |
| Form 990, Part IX, Line 24e | UTILITIES 1748. 1224. 262. 262. |
| Form 990, Part IX, Line 24e | AUTO EXPENSE 16971. 15274. 1697. 0. |
| Form 990, Part IX, Line 24e | SUPPLIES 7144. 6715. 429. 0. |
| Software ID: | 18007482 |
| Software Version: |