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 2 | THE FOLLOWING FAMILY AND BUSINESS RELATIONSHIPS EXIST AMONG THE BOARD OF DIRECTORS: MR. THOMAS A. BARNARD AND MR. MANUEL HERCEG ARE COLLEAGUES. MS. STEPHANIE MCGOWAN AND MR. BRYAN STRAWBRIDGE ARE COLLEAGUES. |
| FORM 990, PART VI, SECTION A, LINE 6 | THIS IS A MEMBERSHIP ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE PRESIDENT SELECTS HIS/HER VICE-PRESIDENTS. |
| FORM 990, PART VI, SECTION B, LINE 11B | IN THE SPRING OF 2020, THE UNCERTAINTY OF THE COVID-19 PANDEMIC NOT ALLOWING PEOPLE TO GATHER IN GROUPS FORCED THE ASSOCIATION AND FOUNDATION TO DRAMATICALLY REDUCE THEIR RESPECTIVE ANNUAL OPERATING BUDGETS IN THE AREAS OF EDUCATIONAL AND SOCIAL MEETING LINE-ITEMS AS WELL AS NON-ESSENTIAL OPERATING COSTS, INCLUDING THE ANNUAL AUDIT. THE ANNUAL AUDIT WOULD INSTEAD BE DELAYED UNTIL 2021 WHEN A TWO-YEAR AUDIT (2019-2020) WOULD BE CONDUCTED. ONLY THE COSTS ASSOCIATED WITH THE ANNUAL TAX RETURNS/990S ARE TO BE INCURRED IN CALENDAR YEAR 2020. ABSENT AN ANNUAL AUDIT REVIEW, THERE WAS NO REASON FOR THE JOINT AUDIT & INVESTMENT COMMITTEE TO CONVENE. STAFF ACCEPTED THE 990 REPORT AND IT WILL BE PRESENTED TO THE BOARD OF DIRECTORS AT THEIR NEXT SCHEDULED MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. IF A SITUATION BECOMES KNOWN, IT IS REVIEWED AND ADDRESSED BY THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 15 | IN DECEMBER, THE PERSONNEL COMMITTEE ANNUALLY REVIEWS AND DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR FOR THE FOLLOWING CALENDAR YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE EXECUTIVE DIRECTOR. |
| FORM 990, PART XII, LINE 2(C) | THE PROCESS OF THE ORGANIZATION'S AUDIT COMMITTEE OVERSIGHT RESPONSIBILITIES HAS NOT CHANGED FROM THE PRIOR YEAR. |
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