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 REGULAR, MANUFACTURER, ASSOCIATE, ATTORNEY, HONORARY, AND CHARTER MEMBERS. REGULAR MEMBERS ARE ANY INDIVIDUAL OR ENTITY OPERATING AS A REPRESENTATIVE OR AGENT KNOWN AS A REGULAR MEMBER, WHO MAY VOTE OR HOLD OFFICE. THE BOARD OF DIRECTORS SHALL HAVE THE RIGHT AND POWER TO CLASSIFY AS A REGULAR MEMBER ANY INDIVIDUAL WHOSE CONNECTION WITH THE ACTIVE CONDUCT OF THE AFFAIRS OF THE ASSOCIATION WARRANTS OR JUSTIFIES SUCH ACTION. ANY REGULAR MEMBER MAY BE REPRESENTED AND VOTE BY A PROPERLY AUTHORIZED PROXY, SUCH PROXY TO BE A REGULAR MEMBER. THE SECRETARY SHALL FURNISH BLANK PROXY FORMS UPON REQUEST. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH REGULAR MEMBER IN GOOD STANDING IS ALLOWED ONE VOTE FOR EACH OPENING ON THE BOARD OF DIRECTORS, BUT NO MORE THAN ONE OF THOSE VOTES MAY BE FOR ANY INDIVIDUAL NOMINEE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S TREASURER AND CEO EACH REVIEW THE FORM 990 AND THEN ENGAGE WITH THE ORGANIZATION'S ACCOUNTANT TO ADDRESS ANY SECTION THAT REQUIRES CLARIFICATION OR REVISIONS. THEREAFTER, COPIES OF THE FORM 990 ARE EMAILED TO EACH MEMBER OF THE BOARD OF DIRECTORS BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | STATEMENTS ARE SIGNED ANNUALLY THAT THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | CEO COMPENSATION - THERE IS A THREE STEP PROCESS THAT IS RECOMMENDED TO BE FOLLOWED IN ORDER TO MEET COMPLIANCY REGULATIONS AND BEST PRACTICES. HENCE, THESE THREE STEPS ARE INCORPORATED BELOW IN OUR CONTRACT FORMULATION PROCESS. A FOURTH STEP IS ADDED FOR CURSORY BOARD APPROVAL. 1) SET UP A FORMAL PROCESS FOR SETTING COMPENSATION 2) OBTAIN COMPARABLE DATA FOR CEO PAY 3) DOCUMENT THE DECISION-MAKING PROCESS 4) PRESENT THE CONTRACT GENERALITIES TO THE FULL BOARD OF DIRECTORS. THIS PROCESS WAS LAST UNDERTAKEN DURING THE 2016 TAX YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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