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 3: Description of Delegated Duties to Management Company | CBIC contracts with Executive Director Inc (a for-profit management company) to provide office facilities, management, record keeping, accounting, storage, other significant services, plus related overhead. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | The Organization's Treasurer reviews a draft of the Form 990, which is prepared by the Organization's independent accountant. Any resultant comments and changes are incorporated into the Form 990 by the independent accountant. A final version of the Form 990 is then provided to each member of the Executive Committee prior to its filing with the IRS. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Three times a year, at the Board meetings, each Board member completes the conflict of interest form. The forms are reviewed and kept on file at the management company. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | CBIC is managed by Executive Director, Inc (a for-profit management company). CBIC has no official employees, because all staff assigned to CBIC are employees of the management firm. CBIC does not compensate Directors or top officials. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | CBIC is managed by Executive Director, Inc (a for-profit management company). CBIC has no official employees, because all staff assigned to CBIC are employees of the management firm. CBIC does not compensate Directors or top officials. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | CBIC's governing documents, conflict of interest policy, and financial statements are available to the public upon request. |
| Software ID: | 19009920 |
| Software Version: | 2019v5.0 |