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 | Form 990, Part VI, Section A, #2: Board of Director members Eric Newman, Drew Newman, and Robert Newman have both family and business relationships. |
| Form 990, Part VI, Section A, Line 6 | 990, Part VI, Section A, #6: Cigar Association has thirty-three members. Each member is part of one of the following categories: Manufacturer, Distributor, Importer, Mail Order, Tobacco Supplier, Other Supplier, and Supporting Member. |
| Form 990, Part VI, Section A, Line 7a | 990, Part VI, Section A, #7a: At the annual meeting, the membership elects directors who will serve a one year term on the board of directors. The directors are associated with the following member categories: Manufacturer, Distributor, Importer, and Mail Order. |
| Form 990, Part VI, Section B, Line 11b | 990, Part VI, Section B, #11b: A draft of Form 990 and supporting schedules are submitted to our CPA firm for review, discussion, and approval. Our President and directors then review the Form 990 and submit any further comments and/or discuss any items on the Form 990. |
| Form 990, Part VI, Section B, Line 12c | 990, Part VI, Section B, #12c: The conflict of interest policy and conflict on interest disclosure statements are distributed to all directors and employees annually. The completed statements are reviewed by the President and Secretary. The policy requires each director and employee to notify the President of any change that has occurred with the information on the disclosure statement. |
| Form 990, Part VI, Section B, Line 15 | 990, Part VI, Section B, #15a & 15b: The Planning and Oversight Committee meets to discuss, review, and finalize the compensation policy of the President and financial statements of the association. |
| Form 990, Part VI, Section C, Line 19 | 990, Part VI, Section C, #19: Upon request, any member of the public may request and copy the governing documents, conflict of interest policy, and financial statements at the Cigar Association of America's main office. |
| Form 990, Part IX, Line 25 | The total functional expenses amount equals the amount for these expenses listed on the CAA 2020 audited financial statements. |
| Form 990, Part X, Line 33 | The total liabilities and net assets balance equals the amount for these lines items listed on the CAA 2020 audited financial statements. |
| Form 990, Part XII, Line 2c | An independent CPA firm audited our 2020 financial statements on a consolidated basis. The audit was completed on October 25, 2021. |
| Schedule B, Part I | In 2020, five companies and organizations contributed more than $5,000 to help us continue fulfilling our vision to ensure that there is always a strong, vibrant, and growing cigar industry. |
| Software ID: | 20012124 |
| Software Version: | v1.00 |