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 | The organization has corporate members as set forth in the restated Articles of Incorporation and Bylaws |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | The five charter members of the organization each have the right to appoint one member of the Board of Directors. The Board of Directors, in its discretion, may admit other Board Members, subject to the limits established in the Bylaws |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | Without the approval of the Board Level Principal Members, the Board may not adopt, amend or repeal any Bylaws that would A increase or extend the terms of directors B increase the quorum for members' meetings C repeal, restrict, create, expand, or otherwise change proxy rights D authorize cumulative voting or E amend the purpose statement of the corporation or the requirements for principal membership. New Bylaws may be adopted or these Bylaws may be amended or repealed by approval of three-quarters of the Board Level Principal Members. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | The President and CFO review the return in detail. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | The WiMAX Forum closely monitors compensation and benefits paid to key employees. The WiMAX Forum uses regional survey data to make salary and benefit recommendations to the President. The Board then approves the compensation as part of the overall budget approval process. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The WiMAX Forum closely monitors compensation and benefits paid to key employees. The WiMAX Forum uses regional survey data to make salary and benefit recommendations to the President. The Board then approves the compensation as part of the overall budget approval process. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Most governing documents are available on the organization's website. Financial statements are available upon request. |
| Software ID: | 20011566 |
| Software Version: | 2020v4.0 |