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 | FOR THE ELECTION OF MEMBERS TO THE NOMINATIONS AND ELECTIONS COMMITTEE, ALL ACTIVE, ASSOCIATE AND HONORARY MEMBERS MAY VOTE. FOR THE ELECTION OF OFFICERS, THERE IS ONE VOTE PER MEMBER INSTITUTION; ASSOCIATE AND HONORARY MEMBERS MAY NOT VOTE. VOTING ELIGIBILITY IS DETERMINED BY THE NAMES AND INSTITUTIONS LISTED ON THE COMPUTER FILE TWO WEEKS PRIOR TO THE MAILING OF THE BALLOTS OR PRIOR TO THE VOICE VOTE. THE VOTE THAT IS CAST ON BEHALF OF THE MEMBER INSTITUTION MAY BE CAST BY ANY ACTIVE MEMBER REPRESENTING THAT INSITUTION. |
| FORM 990, PART VI, SECTION A, LINE 7A | OFFICERS ARE ELECTED BY THE INSTITUTIONAL MEMBERS. THESE MEMBERS RECEIVE ONE VOTE EACH. ASSOCIATE AND HONORARY MEMBERS ARE NOT INCLUDED IN THE VOTING PROCESS. ALL ACTIVE, ASSOCIATE AND HONORARY MEMBERS MAY VOTE FOR THE ELECTION OF MEMBERS TO THE NOMINATIONS AND ELECTIONS COMMITTEE. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE COMPOSITION OF THE EXECUTIVE BOARD IS VOTED ON AND RATIFIED BY THE INSTITUTIONAL MEMBERS. THESE MEMBERS ALSO VOTE TO UPDATE AND CHANGE THE BY -LAWS OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE 990 IS REVIEWED FIRST BY THE TREASURER, THEN FORWARDED TO THE EXECUTIVE BOARD FOR FINAL APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD ADDRESSES CONFLICTS OF INTEREST AS THEY ARISE AND ARE BROUGHT TO THEIR ATTENTION. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE ORGANIZATION'S WEBSITE AT WWW.PACRAO.ORG. |
| FORM 990, PART XII, LINE 2C: | NO CHANGE IN OVERSIGHT OR SELECTION PROCESS FROM PRIOR YEAR. |
| ITEM B - AMENDED RETURN | THIS RETURN HAS BEEN AMENDED TO RESTATE CERTAIN ITEMS IN THE PRIOR YEAR COLUMN IN PART I OF THE RETURN. THE FOLLOWING LINES HAVE BEEN RESTATED: - LINE 9 WAS ORIGINALLY $231,045 AND HAS BEEN UPDATED TO $212,850. - LINE 10 WAS ORIGINALLY $130 AND HAS BEEN UPDATED TO $131. - LINE 12 WAS ORIGINALLY $231,175 AND HAS BEEN UPDATED TO $212,981. - LINE 17 WAS ORIGINALLY $215,552 AND HAS BEEN UPDATED TO $151,411. - LINE 18 WAS ORIGINALLY $215,552 AND HAS BEEN UPDATED TO $151,411. - LINE 19 WAS ORIGINALLY $15,623 AND HAS BEEN UPDATED TO $61,570. IN ADDITION, THE ORGANIZATION'S ADDRESS (ITEM B), TELEPHONE NUMBER (ITEM E), NAME AND ADDRESS OF PRINCIPAL OFFICER (ITEM F), AND THE PERSON WHO POSSESSES THE ORGANIZATION'S BOOKS AND RECORDS (PART VI, SECTION C, LINE 20) HAVE BEEN UPDATED TO REFLECT THE ORGANIZATION'S INFORMATION AT THE TIME OF FILING THE AMENDED RETURN. |
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