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 | THERE ARE TWO TYPES OF MEMBERS: NATIONAL PARTNERS - ANY INDIVIDUAL, PARTNERSHIP, CORPORATION, JOINT-STOCK ASSOCIATION, UNINCORPORATED ASSOCIATION, FOUNDATION OR OTHER ORGANIZATION INTERESTED IN MAINTAINING THE PURPOSES AND OBJECTIVES OF THE COUNCIL. MEMBER BBBS OF THE COUNCIL - SEPARATELY INCORPORATED, INDEPENDENTLY FINANCED NON-PROFIT ORGANIZATIONS HAVING PURPOSES AND OBJECTIVES COMPATIBLE WITH THOSE OF THE COUNCIL. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ELECT THE BOARD AND ADOPT AMENDMENTS TO THE BYLAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT OF THE IRS FORM 990 IS REVIEWED BY THE CHIEF OPERATING OFFICER, AND IS SHARED WITH THE CEO AND GOVERNING BODY PRIOR TO ITS SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CBBB BOARD MEMBERS ARE ANNUALLY ASKED TO COMPLETE A CONFLICT OF INTEREST FORM. THE GENERAL COUNSEL REVIEWS ANY ACTUAL OR PERCEIVED CONFLICT OF INTEREST AND DISCUSSES THE POTENTIAL CONFLICT AND ANY APPROPRIATE RESPONSIVE ACTIONS WITH AFFECTED DIRECTORS. MEETING MINUTES WILL DISCLOSE ANY POTENTIAL CONFLICT RELATING TO A PARTICULAR MATTER BEFORE THE BOARD, INCLUDING AN INDICATION THAT THE INTERESTED DIRECTOR DID NOT PARTICIPATE IN ANY VOTE ON THE MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE PROCESS FOR SETTING THE COMPENSATION OF THE CEO IS AS FOLLOWS: THE CEO'S SALARY IS DETERMINED BASED ON A COMPENSATION STUDY DONE EVERY FEW YEARS, OR AS NEEDED, IF SIGNIFICANT MARKET CHANGES OCCUR. THE CEO'S PROPOSED COMPENSATION IS THEN REVIEWED BY THE BOARD'S EXECUTIVE COMMITTEE, AND DOCUMENTED IN THE COMMITTEE'S MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | CBBB AUDITED FINANCIAL STATEMENTS AND OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION A, LINE 1: | THE COUNCIL HAS AN EXECUTIVE COMMITTEE OF THE BOARD, WHICH CONSISTS OF THE FOUR OFFICERS OF THE BOARD, AS WELL AS THE PRESIDENT IN A NON-VOTING POSITION. THE EXECUTIVE COMMITTEE MAY EXERCISE THE GOVERNING POWERS OF THE BOARD WHEN MATTERS REQUIRE IMMEDIATE ATTENTION PRIOR TO THE NEXT MEETING OF THE BOARD. THE EXECUTIVE COMMITTEE IS ALSO CHARGED WITH ASSISTING THE CHAIR IN THE ANNUAL PERFORMANCE ASSESSMENT OF THE PRESIDENT, INCLUDING RECOMMENDATIONS ON COMPENSATION. |
| FORM 990, PART XII, LINE 2C | THE AUDIT OVERSIGHT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. |
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