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 | An individual or business is eligible to become a member of the Association if such individual or business is engaged in the wholesale or retail production, processing or sale of seafood or is engaged in closely related seafood support industries in the State of Washington. Membership applications are reviewed by the Board of Trustees on an individual basis provided that not less than two Board members recommend consideration of acceptance to the Board. To be admitted as members, applicants must be approved by a majority of the Association members at a regular monthly membership meeting. Each member is entitled equal voting rights and has one vote. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | The Association's officers are elected by the members at the annual meeting and hold office for one year or until their successors are elected. One-third of the Trustees are elected by the members annually at the Association's annual meeting, and serve for a term of three years or until their respective successors are elected and qualified. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | Officers and members of the Board of Trustees are elected by the members. Changes to the articles of incorporation and changes to the by-laws must be approved by a majority of the members. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | The board president and treasurer review the Form 990 before filing. Board members receive a copy of the return at the November board meeting. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | The Board of Trustees determines reasonable compensation for the Executive Director. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Governing documents, policies and financial statements are available upon request. |
| Software ID: | 19009920 |
| Software Version: | 2019v5.0 |