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 | ISSTA HAS TWO COMPANIES THAT HAVE 100% OWNERSHIP IN OTHER COMPANIES AND ANOTHER THAT IS OVER 35%. |
| FORM 990, PART VI, SECTION A, LINE 6 | INTERNATIONAL SEAFOOD SUSTAINABILITY TRADE ASSOCIATION, INC. ("ISSTA") IS A TRADE ASSOCIATION WHOSE MEMBERS ARE TUNA PROCESSORS, TRADERS AND MARKETERS THAT AGREE TO FOLLOW THE CONSERVATION MEASURES IMPLEMENTED BY THE INTERNATIONAL SEAFOOD SUSTAINABILITY FOUNDATION, INC. ("ISSF"). |
| FORM 990, PART VI, SECTION A, LINE 7A | ISSTA HAS 3 CLASSES OF MEMBERS - (1) FOUNDERS OF ISSTA, (2) FULL MEMBERS, AND (3) ASSOCIATE MEMBERS. THE CLASSES OF MEMBERS HAVE VARYING RIGHTS WITH RESPECT TO ELECTING THE BOARD OF ISSTA. |
| FORM 990, PART VI, SECTION B, LINE 11B | ISSTA'S FORM 990 IS PREPARED EACH YEAR BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY ISSTA. THE DRAFT FORM 990 IS THEN REVIEWED BY ISSTA'S EXECUTIVE LEADERSHIP AND BY OUTSIDE LEGAL COUNSEL. THE FINAL VERSION OF THE FORM 990 IS DISTRIBUTED TO ISSTA'S FULL BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ISSA'S OUTSIDE COUNSEL INDICATES THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS TO HAVE EACH BOARD MEMBER SIGN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENTS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF ISSTA'S PRESIDENT WAS DETERMINED TO BE REASONABLE AND REFLECT FAIR MARKET VALUE BASED ON A REVIEW OF DATA REGARDING COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. SINCE SUCH INITIAL DETERMINATION, THE PRESIDENT'S COMPENSATION HAS BEEN INCREASED ONLY TO REFLECT PERIODIC INCREMENTAL INCREASES SUCH AS COST OF LIVING ADJUSTMENTS. ALL OF THE MEMBERS OF ISSTA'S BOARD OF DIRECTORS WHO PARTICIPATED IN THE COMPENSATION DETERMINATION PROCESS WERE INDEPENDENT, HAVING HAD NO CONFLICTS OF INTEREST WITH RESPECT TO DETERMINING THE PRESIDENT'S COMPENSATION. THE COMPENSATION DETERMINATION PROCESS WAS DOCUMENTED CONTEMPORANEOUSLY. CERTAIN OFFICERS AND EMPLOYEES OF ISSTA ALSO PROVIDE SERVICES TO INTERNATIONAL SEAFOOD SUSTAINABILITY FOUNDATION, INC. ("ISSF"), AN AFFILIATED SECTION 501(C)(3) TAX-EXEMPT CHARITABLE ORGANIZATION. ISSTA DONATES THE TIME OF THOSE SHARED EMPLOYEES TO ISSF. |
| FORM 990, PART VI, SECTION C, LINE 18 | AVAILABLE UPON REQUEST |
| FORM 990, PART VI, SECTION C, LINE 19 | THE BYLAWS OF INTERNATIONAL SEAFOOD SUSTAINABILITY TRADE ASSOCIATION, INC. ARE MADE AVAILABLE TO THE PUBLIC ON THE WEBSITE OF ITS AFFILIATE, INTERNATIONAL SEAFOOD SUSTAINABILITY FOUNDATION, INC., A SECTION 501(C)(3) TAX-EXEMPT CHARITABLE ORGANIZATION. |
| FORM 990, PART IX, LINE 11G | FINANCIAL SOFTWARE & HOSTING: PROGRAM SERVICE EXPENSES 718. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 718. CONSULTANTS: PROGRAM SERVICE EXPENSES 19,225. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,225. T&C - PART. CO. COMPL. CNSLT: PROGRAM SERVICE EXPENSES 215,645. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 215,645. P & O - RETAILER OUTREACH: PROGRAM SERVICE EXPENSES 1,363. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,363. P&O - RETAILER OUTREACH CNSLT: PROGRAM SERVICE EXPENSES 80,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,750. |
| FORM 990, PART XII, LINE 2C | THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
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