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 | ABNN contracts with a management company to provide office facilities, management, accounting, staffing and support services. The association's management fee is compared to data from the ASAE Benchmarking Series Publication-Operating Ratio Report and is approved during the budgeting process. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | The form 990 was reviewed by the Executive Director, Secretary/Treasurer, and President before filing. A copy was provided to the board prior to filing. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | New board members are asked to review and accept the conflict of interest policy. All board members are asked to update their disclosue of conflicts at least on an annual basis. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | ABNN has no employees. ABNN outsources staff functions to an association management company. The association management company competitively compensates the staff that service ABNN. The association management company evaluates compensation based upon surveys and reviews of industry banchmark data. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The association provides governing documents, conflict of interest policy, and financial statements to the public upon request. |
| Software ID: | 20011551 |
| Software Version: | 2020v4.0 |