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 1 | THE EXECUTIVE COMMITTEE CONSISTS OF THE PRESIDENT, IMMEDIATE PAST PRESIDENT, PRESIDENT-ELECT TO SERVE ONE YEAR TERMS AND THE SECRETARY, TREASURER AND UP TO TWO DIRECTORS ELECTED ANNUALLY BY THE BOARD OF DIRECTORS TO SERVE A THREE-YEAR TERM ON THE EXECUTIVE COMMITTEE. THE COMMITTEE MAY EXERCISE THE POWERS OF THE BOARD OF DIRECTORS WHEN THE BOARD IS NOT IN SESSION, REPORTING TO THE BOARD AT ITS SUCCEEDING MEETING ON ANY ACTIONS TAKEN. THE COMMITTEE IS RESPONSIBLE FOR PREPARING THE BUDGET AND FINANCIAL REPORTS OF THE SOCIETY, AND SUPERVISION, STUDYING AND MAKING RECOMMENDATIONS TO THE BOARD OF DIRECTORS ON FINANCIAL MATTERS OF THE SOCIETY. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE FOLLOWING CHANGES WERE MADE TO THE ORGANIZATION'S BYLAWS: - DELETED OUTDATED TERMS AND ARTICLES THAT NO LONGER REFLECT CURRENT OPERATING PROCEDURES OF THE SOCIETY, INCLUDING "EAST/WEST METRO," "HOUSE OF DELEGATES," BONDING, AND PARLIAMENTARY AUTHORITY. - ADDED REFERENCES TO MINNESOTA MEDICAL ASSOCIATION POLICY COUNCIL, WHICH REPLACED FUNCTIONS OF THE HOUSE OF DELEGATES. - ALIGNED MEMBERSHIP TYPES, ELIGIBILITY, DUES, AND DISCIPLINARY ACTIONS WITH THE MINNESOTA MEDICAL ASSOCIATION, WHICH MANAGES MEMBERSHIP PROCESSES AND COLLECTS DUES. - ALLOWED OFFICER & DIRECTOR TERMS TO BE EXTENDED IF RECOMMENDED BY THE NOMINATING COMMITTEE AND ELECTED BY THE FULL BOARD. - INCREASED THE TERM OF AT-LARGE DIRECTORS SERVING ON THE EXECUTIVE COMMITTEE TO MATCH THE TERM OF OTHER OFFICERS (3 YEARS). |
| FORM 990, PART VI, SECTION A, LINE 6 | EACH MEMBER OF THE SOCIETY SHALL BELONG TO A MEMBERSHIP CLASS. MEMBERSHIP CLASSES SHALL BE DETERMINED BY THE BOARD OF DIRECTORS AND SHALL BE USED TO ESTABLISH DUES RATES AND ASSESSMENTS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S CEO AND INTERNAL ACCOUNTANT REVIEW THE FORM 990 IN DETAIL, IN COORDINATION WITH THE TAX PREPARER. THE COMPLETED RETURN IS REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL POTENTIAL OR ACTUAL CONFLICTS OF INTEREST MUST BE DISCLOSED AND RESOLVED. DETAILED PROCEDURES ON IDENTIFICATION, RESOLUTION AND DOCUMENTATION OF CONFLICTS OF INTEREST ARE IN THE SOCIETY'S WRITTEN CONFLICT OF INTEREST POLICY, WHICH IS AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION B, LINE 15 | TCMS CONTRACTS WITH A RELATED ORGANIZATION, MN MEDICAL JOINT SERVICES ORGANIZATION FOR ITS CEO'S COMPENSATION AND BENEFITS. THE CEO'S COMPENSATION AND BENEFITS ARE REVIEWED BY THE TCMS EXECUTIVE COMMITTEE EACH YEAR, AND ARE BASED ON THE CEO'S PERFORMANCE AND ANY APPLICABLE PERFORMANCE GOALS. THE EXECUTIVE COMMITTEE DECIDES EACH YEAR WHETHER TO RENEW OR NOT RENEW THE CEO'S CONTRACT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SOCIETY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| FORM 990, PART XI, LINE 9: | EQUITY IN EARNINGS OF C CORP INVESTMENTS: - MINNESOTA MEDICAL BUSINESS RESOURCES CORP. 3,110. |
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