Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Pt VI, Line 2 | JONNY JONES AND JON REX JONES HAVE A FAMILY RELATIONSHIP. JON REX JONES AND A.V. JONES, JR. HAVE A FAMILY AND BUSINESS RELATIONSHIP. CHARLIE MONCRIEF AND W.A. MONCRIEF, JR. HAVE A FAMILY AND BUSINESS RELATIONSHIP. |
| Pt VI, Line 6 | THE TEXAS OIL AND GAS ASSOCIATION IS A MEMBERSHIP ORGANIZATION INCLUDING MEMBERS FROM ALL SEGMENTS OF THE OIL AND GAS INDUSTRY. |
| Pt VI, Line 11b | THE PRESIDENT AND THE VICE-PRESIDENT OF FINANCE REVIEW THE FORM 990 WITH THE TAX PREPARER PRIOR TO ITS FILING. |
| Pt VI, Line 12c | UPON INITIAL APPROVAL, DIRECTORS ARE REVIEWED FOR POTENTIAL CONFLICTS. IF STAFF BECOME AWARE OF A CONFLICT OF A DIRECTOR THEN THE STAFF WOULD WORK WITH THE DIRECTOR TO ENSURE THEY RECUSE OR REMOVE THEMSELVES TO THE EXTENT NECESSARY TO ENSURE THERE IS NOT A CONFLICT. EACH DIRECTOR IS EXPECTED TO REPORT ANY NEW CONFLICTS WHICH MAY ARISE AND IF A CONFLICT OF INTEREST IS IDENTIFIED OR BROUGHT FORWARD THE MEMBER WOULD BE REQUIRED TO RECUSE HIM/HERSELF. |
| Pt VI, Line 15a | THE BUDGET COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND IS MADE UP OF INDEPENDENT PERSONS. THE BUDGET COMMITTEE DETERMINES SALARY AND BENEFITS FOR THE PRESIDENT. THE ASSOCIATION PERFORMS AN INTERNAL COMPENSATION STUDY USING GUIDESTAR DATA AND OTHER NONPROFIT FORM 990'S AND PRESENTS THIS INFORMATION TO THE BUDGET COMMITTEE FOR THEIR REVIEW OF COMPENSATION AND BENEFITS. |
| Pt VI, Line 19 | THE ASSOCIATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. |
| Software ID: | 19009670 |
| Software Version: |