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 2 | ROBERT AND EDWARD BASS ARE BROTHERS AND BECKY AND HENRY BORBOLLA ARE MARRIED. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ENTITY IS COMPOSED OF MEMBERS THAT PAY ANNUAL MEMBERSHIP DUES. THE MAJORITY OF THESE MEMBERS ARE BUSINESSES LOCATED IN THE DOWNTOWN FORT WORTH AREA. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE NOMINATING COMMITTEE PUTS FORTH A SELECTION OF MEMBERS FOR BOARD POSITIONS, AND THE SELECTION IS REVIEWED, VOTED ON, AND APPROVED AT THE ANNUAL MEETING BY THE MEMBERSHIP AT LARGE. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE ELECTION OF OFFICERS, THE ANNUAL BUDGET AND ANY AMENDMENTS TO THE ORGANIZATION'S BYLAWS ARE APPROVED BY THE MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT AND REVIEWED BY THE MANAGEMENT FOR COMPLETENESS AND ACCURACY. AFTER, THE BOARD MEMBERS ARE NOTIFIED THAT THE FORM 990 IS AVAILABLE FOR THEIR REVIEW UNTIL THE FORM'S DUE DATE, AT WHICH TIME IT IS SUBMITTED TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS-THERE IS A WRITTEN POLICY FOR BOARD MEMBERS. EMPLOYEES OF DOWNTOWN FORT WORTH, INC. -THE EMPLOYEE HANDBOOK MANDATES THAT CONFLICTS OF INTEREST BE FULLY DISCLOSED TO THE PRESIDENT OF THE ORGANIZATION PRIOR TO INVOLVEMENT WITH OR IN ANY POTENTIAL CONFLICT OF INTEREST. THE EXISTENCE OF UNUSUAL CIRCUMSTANCES THAT COULD JUSTIFY APPROVAL OF A POTENTIAL CONFLICT MUST BE REVIEWED AND APPROVED IN WRITING. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION FOR THE PRESIDENT IS DETERMINED BY A COMPENSATION COMMITTEE USING THE INTERNATIONAL DOWNTOWN ASSOCIATION COMPENSATION SURVEY FOR REFERENCE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | NO CHANGE HAS BEEN MADE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. |
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