Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO PROMOTE GROWTH AND SUCCESS OF MEMBERS THROUGH NETWORKING, EDUCATION, AND INNOVATIVE IDEAS. TO PROVIDE A FORUM FOR THE DEVELOPMENT OF STRATEGIC AND SYNERGYSTIC SOLUTIONS TO ENHANCE THE SALES AND DISTRIBUTION OF BUSINESS RELATED PRODUCTS AND SERVICES. |
| FORM 990, PAGE 6, PART VI, LINE 3 | BUSINESS SOLUTIONS ASSOCIATION (BSA) IS MANAGED BY THE ASSOCIATION MANAGEMENT COMPANY OF CLEMONS & ASSOCIATES, INC. BSA MAINTAINS ITS HEADQUARTERS AT CLEMONS & ASSOCIATES' OFFICES LOCATED AT 3601 E. JOPPA ROAD, BALTIMORE, MD 21234. ALL REGULAR BSA STAFF MEMBERS ARE EMPLOYEES OF CLEMONS & ASSOCIATES AND ARE PROVIDED TO BSA ON AN AS-NEEDED BASIS. BSA AND CLEMONS & ASSOCIATES AGREE ON THE RESPONSIBILITIES OF THE MANAGEMENT FIRM. A MANAGEMENT FEE IS NEGOTIATED THAT COVERS THE COST OF THE BSA EXECUTIVE DIRECTOR, STAFF, OFFICE EQUIPMENT, AND OFFICE SPACE. |
| FORM 990, PAGE 6, PART VI, LINE 6 | BSA IS ORGANIZED WITH DUES PAYING MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE ASSOCIATION SHALL BE MANAGED BY A BOARD OF DIRECTORS CONSISTING OF NOT LESS THAN SIX (6) NOR MORE THAN EIGHTEEN (18) MEMBERS. THE EXACT NUMBER OF DIRECTORS SHALL BE ESTABLISHED BY RESOLUTION OF THE BOARD OF DIRECTORS. THE BOARD SHALL BE REPRESENTATIVE OF EACH CATEGORY OF MEMBERSHIP ESTABLISHED BY THE BOARD OF DIRECTORS PROVIDED THAT EACH MEMBERSHIP SEGMENT SHALL HAVE AT LEAST ONE BOARD MEMBER. THE EXECUTIVE COMMITTEE MAY APPOINT BOARD MEMBERS DURING EACH ELECTION. THE REMAINING DIRECTORS SHALL BE ELECTED BY THE RESPECTIVE MEMBERSHIP SEGMENT FOR THREE-YEAR TERMS; THE TERMS TO BE SO STAGGERED THAT TERMS OF ONE-THIRD OF THE BOARD SHALL EXPIRE EACH YEAR. NEWLY ELECTED DIRECTORS SHALL TAKE OFFICE IMMEDIATELY UPON ELECTION. |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTANT AND THE FINAL DRAFT IS REVIEWED BY ASSOCIATION STAFF AND THE TREASURER PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS ARE AVAILABLE FOR REVIEW BY APPOINTMENT ONLY, BY CONTACTING THE MANAGMENT COMPANY OF CLEMONS & ASSOCIATES, INC. |
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