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 MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | SECTION: THE NOMINATING COMMITTEE, APPOINTED BY THE EXECUTIVE COMMITTEE, SELECTS PROPOSED CANDIDATES FOR MEMBERSHIP ON THE BOARD. IN SELECTING ANY CANDIDATES, THE NOMINATING COMMITTEE APPLIES THE CRITERIA ESTABLISHED BY THE BOARD FOR BOARD MEMBERSHIP. SUCH CRITERIA ALSO ARE DELIVERED TO ALL BOARD CANDIDATES. UPON MAKING ITS SELECTION(S) FOR BOARD MEMBERSHIP, THE LIST OF PROPOSED BOARD CANDIDATES IS PRESENTED BY THE NOMINATING COMMITTEE TO THE BOARD'S EXECUTIVE COMMITTEE FOR THAT COMMITTEE'S REVIEW. IN THE EVENT THAT THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES ONE OR MORE OF THE CANDIDATES SELECTED BY THE NOMINATING COMMITTEE FOR BOARD MEMBERSHIP, THE EXECUTIVE COMMITTEE PRESENTS THE APPROVED LIST OF CANDIDATES FOR BOARD MEMBERSHIP TO THE BOARD FOR ITS CONSIDERATION AT THE NEXT SUCCEEDING MEETING OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | FIRST, THE FORM 990 IS REVIEWED BY THE TREASURER, AND THEN BY PRESIDENT/CEO WHO SIGNS THE FORM. |
| FORM 990, PART VI, SECTION B, LINE 12C | EVERY MEMBER HAS TO SUBMIT A CONFLICT OF INTEREST DISCLOSURE FORM. INITIALLY, THE FORM HAS TO BE SUBMITTED UPON ACCEPTANCE OF ELECTION/APPOINTMENT AS A MEMBER OF THE BOARD, THEN RE-SUBMITTED EACH YEAR THEREAFTER. IN ADDITION, EACH TIME THE MEMBER OR AN IMMEDIATE FAMILY MEMBER RECEIVES A PERSONAL FINANCIAL BENEFIT, OR HAS ANY OTHER INTEREST IN A TRANSACTION RESULTING FROM MEMBER'S POSITION ON THE BOARD, THE FORM HAS TO BE RESUBMITTED. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CORPORATION'S EXECUTIVE COMMITTEE CONDUCTS THE DUE DILIGENCE NECESSARY TO DETERMINE A REASONABLE SALARY FOR ALL CURRENT OFFICERS, DIRECTORS AND TRUSTEES, KEY EMPLOYEES, AND EMPLOYEES WHO HAVE REPORTABLE COMPENSATION GREATER THAN ONE HUNDRED THOUSAND DOLLARS PER YEAR. IN DOING SO, THE CORPORATION ENSURES THAT COMPENSATION IS REVIEWED ANNUALLY AND SET USING APPROPRIATE COMPARABILITY DATA, WHICH INCLUDE THE REVIEW OF AT LEAST THREE REASONABLE COMPARISONS REGARDING AMOUNTS PAID FOR LIKE SERVICES, BY LIKE ENTERPRISES, UNDER LIKE CIRCUMSTANCES. SUCH DUE DILIGENCE MAY INCLUDE THE ENGAGEMENT OF THE SERVICES OF A PROFESSIONAL EXECUTIVE COMPENSATION SPECIALIST OR CONSULTANT; SUCH DECISION TO HIRE SUCH AN INDIVIDUAL SHALL BE AT THE DISCRETION OF THE BOARD OF DIRECTORS. ALL DECISIONS REGARDING COMPENSATION ARE DOCUMENTED IN THE RECORDS OF THE CORPORATION. ALL CONFLICTS OF INTEREST OF EXECUTIVE COMMITTEE MEMBERS SHALL BE DISCLOSED AND SUCH INDIVIDUALS SHALL BE RECUSED FROM THE DECISION SETTING SUCH COMPENSATION TO WHICH THE CONFLICT OF INTEREST RELATES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, FORM 1024 AND 990 ARE AVAILABLE IN OFFICE AT ANY TIME. |
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