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 B, LINE 11B | THE BOARD WILL REVIEW AND COMMENT ON THE 990 AT A REGULAR SCHEDULED MEETING. COPIES WILL BE PROVIDED AND MINUTES RECORDED. |
| FORM 990, PART VI, SECTION B, LINE 12C | WHEN DIRECTORS ARE CONFRONTED WITH AN ACTUAL OR APPARENT CONFLICT OF INTEREST, MINIMALLY, THEY NEED TO INFORM THE BOARD OF THE IMPORTANT FACTS AND DETAILS AND MUST ABSTAIN FROM VOTING ON THE TRANSACTION. THESE ACTIONS SHOULD BE RECORDED IN THE MINUTES TO DOCUMENT THE DISCLOSURE. THE BOARD SHALL NOT ENTER INTO ANY CONTRACT OR TRANSACTION WITH (A) ONE OR MORE OF ITS DIRECTORS; (B) A DIRECTOR OF A RELATED ORGANZIAITON, OR (C) AN ORGANIZATION IN OR OF WHICH A DIRECTOR OF THE ORGANIZATION IS A DIRECTOR, OFFICER, OR LEGAL REPRESENTATIVE, OR IN SOME OTHER WAY HAS A MATERIAL FINANCIAL INTEREST UNLESS: * THAT INTEREST IS DISCLOSED OR KNOWN TO THE BOARD OF DIRECTORS * THE BOARD APPROVES, AUTHORIZES OR RATIFIES THE ACTION IN GOOD FAITH * THE APPROVAL IS BY A 2/3 MAJORITY OF DIRECTORS (NOT COUNTING THE INTERESTED DIRECTOR) THE INTERESTED DIRECTOR MAY BE PRESENT FOR DISCUSSION TO ANSWER QUESTIONS, BUT MAY NOT ADVOCATE FOR THE ACTION TO BE TAKEN AND MUST LEAVE THE ROOM WHILE A VOTE IS TAKEN. THE MINUTES OF ALL ACTIONS TAKEN ON SUCH MATTERS SHALL CLEARLY REFLECT THESE REQUIREMENTS HAVE BEEN MET. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE REVIEW PROCESS FOR THE PRESIDENT IS CONDUCTED BY THE SEATED CHAIR ON AN ANNUAL BASIS. A COMPARABLE SET OF COMPENSATION DATA IS PROVIDED EACH YEAR FOR ALL CLASSIFICATIONS OF EMPLOYMENT, ALONG WITH A SALARY AND BONUS HISTORY SPREADSHEET FOR THEIR REVIEW AND USE. THE COMPENSATION RESEARCH IS COMPILED BY A HUMAN RESOURCES CONSULTANT. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | RECOVERY OF PRIOR YEAR GRANT 80,403. BAD DEBT EXPENSE -18,049. |
| FORM 990, PART XII, LINE 2C | THE EXECUTIVE COMMITTEE ASSUMES RESPONSIBILTY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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