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 ASSOCIATION'S MEMBERSHIP IS COMPRISED OF MEMBER COMPANIES THAT PAY DUES TO THE ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF DIRECTORS CONSISTS OF THE FOUR VOTING MEMBER COMPANIES WHO APPOINT A BOARD MEMBER TO REPRESENT THE MEMBER COMPANY ON THE ASSOCIATION'S BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS APPROVE THE ACTIONS OF THE BOARD OF DIRECTORS SINCE THE BOARD OF DIRECTORS CONSISTS OF REPRESENTATIVES FROM THE MEMBER ORGANIZATIONS. |
| FORM 990, PART VI, SECTION A, LINE 8B | NO COMMITTEES DURING 2019 WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS WILL HOLD A SPECIAL MEETING TO REVIEW AND COMMENT ON THE INTERNAL REVENUE SERVICE FORM 990 AND ALL SCHEDULES PRIOR TO THE DUE DATE OF THE FILING. A REPRESENTATIVE OF THE ACCOUNTING FIRM OR PERSON THAT PREPARED THE FORM 990 SHALL BE AVAILABLE TO PARTICIPATE IN SUCH A MEETING AND SHALL BE PREPARED TO ANSWER QUESTIONS AND DISCUSS THE PREPARATION OF THE FORM 990. A SUMMARY OF THE FINANCE COMMITTEE'S COMMENTS IF ANY WILL BE PROVIDED TO THE BOARD OF DIRECTORS AT THE NEXT MEETING OF THE BOARD. EACH MEMBER OF THE BOARD OF DIRECTORS SHALL RECEIVE AN ELECTRONIC COPY OF THE FORM 990 SUBMITTED TO THE INTERNAL REVENUE SERVICE FOR EACH FISCAL YEAR PRIOR TO THE SUBMISSION OF THE FORM AND MAY SUBMIT COMMENTS TO THE FINANCE COMMITTEE PRIOR TO THE FILING DATE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANY ASSOCIATION DIRECTOR, OFFICER, CONSULTANT OR MEMBER OF ANY ASSOCIATION COMMITTEE THAT HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS, OFFICERS OR MANAGERS IS TO COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. THE BOARD OF DIRECTORS WILL EVALUATE THE DISCLOSURES REPORTED TO THEM THROUGH THE QUESTIONNAIRES TO DETERMINE WHETHER THEY INVOLVE ACTUAL CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF EACH PERSON IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE, WHICH SHALL BE COMPRISED ONLY OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED NON-PROFIT ASSOCIATIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C | THE BOARD OF DIRECTORS ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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