Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | MEMBERSHIP INCLUDES INVDIVIDUALS, FIRMS, CORPORATIONS, PARTNERSHIPS, OR ASSOCIATIONS WHOSE APPLICATION HAS BEEN ACCEPTED AND DUES HAVE BEEN PAID. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | THE NOMINATING COMMITTEE IS MADE UP OF THREE BOARD MEMBERS. THESE BOARD MEMBERS SELECT CANDIDATES TO PRESENT TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE THEN MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS FOR ITS APPROVAL; THEREFORE, THE CURRENT BOARD OF DIRECTORS IS DETERMINING THE INCOMING BOARD MEMBERS. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | NO PROVISION OF THE BYLAWS ADDRESSING THE BOARD OF DIRECTORS POWER, DUTIES, MAKE-UP, STRUCTURE, COMPENSATION, OFFICERS, ETC. CAN BE APPROVED WITHOUT A TWO-THIRDS VOTE OF THE TOTAL MEMBERSHIP OF THE CHAMBER PRESENT AT EITHER THE SPECIAL OR ANNUAL MEETING. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | A PRELIMINARY DRAFT COPY OF THE TAX RETURN IS SENT TO THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO FILING OF THE RETURN. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | THE CONFLICT OF INTEREST POLICY IS MAILED TO EACH BOARD MEMBER ON AN ANNUAL BASIS. THE BOARD MEMBER IS ASKED TO COMPLETE, SIGN, AND RETURN THE DISCLOSURE FORM TO THE CHAMBER OFFICE. THESE DISCLOSURE FORMS ARE KEPT ON FILE AT THE CHAMBER OFFICE. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | THE CHAMBER HAS A COMPENSATION COMMITTEE THAT MEETS EACH MAY TO DISCUSS THE COMPENSATION OF THE CHAMBER'S EMPLOYEES. AT THAT MEETING, THEY DECIDE ON ANY INCREASES IN SALARY ALONG WITH THE PERCENTAGE TO BE USED FOR THE BONUS POOL. THEY UTILIZE THE MSAE SURVEY THAT INDICATES THE PAY SCALE FOR OTHER NOT-FOR-PROFIT ORGANIZATIONS IN THE JEFFERSON CITY AREA. THE COMMITTEE MEETS AGAIN IN NOVEMBER TO DISCUSS ANY BONUSES FOR THE PRESIDENT AND CEO BASED UPON A METRIC SPREADSHEET THAT THE COMPENSATION COMMITTEE PRESENTS TO THE PRESIDENT/CEO WITH THEIR EXPECTATIONS FOR THE CURRENT FISCAL YEAR. THE CHAMBER CONTRACTED WITH A THIRD PARTY FIRM TO REVIEW THE STAFF'S COMPENSATION AND BONUS PROGRAM. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | THE CHAMBER HAS A COMPENSATION COMMITTEE THAT MEETS EACH MAY TO DISCUSS THE COMPENSATION OF THE CHAMBER'S EMPLOYEES. AT THAT MEETING, THEY DECIDE ON ANY INCREASES IN SALARY ALONG WITH THE PERCENTAGE TO BE USED FOR THE BONUS POOL. THEY UTILIZE THE MSAE SURVEY THAT INDICATES THE PAY SCALE FOR OTHER NOT-FOR-PROFIT ORGANIZATIONS IN THE JEFFERSON CITY AREA. THE CHAMBER CONTRACTED WITH A THIRD PARTY FIRM TO REVIEW THE STAFF'S COMPENSATION AND BONUS PROGRAM. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | PUBLIC DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| Other Changes In Net Assets Or Fund Balances - Other Increases | NET INCOME OF SUBSIDIARY = $247732 |
| Software ID: | 18007218 |
| Software Version: | 2018v3.1 |