Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 159,952 | 208,440 | 10,619 | 235,424 | 349,361 | 963,796 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 159,952 | 208,440 | 10,619 | 235,424 | 349,361 | 963,796 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 321,311 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 642,485 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 159,952 | 208,440 | 10,619 | 235,424 | 349,361 | 963,796 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | 967,450 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART II: | THE 2017 COLUMN ON SCHEDULE A, PART II REPRESENTS THE SHORT TAX YEAR BEGINNING JULY 1, 2018 AND ENDING AUGUST 31, 2018. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 2 | THE ORGANIZATION STARTED A NEW PROGRAM CALLED DIGITAL EQUITY NOW. |
| FORM 990, PART VI, SECTION A, LINE 4 | ON NOV 24, 2019, AFTER SIGNIFICANT REVIEW BY MEMBERS OF THE EXECUTIVE COMMITTEE IN CONSULTATION WITH A NON PROFIT ATTORNEY, THE BOARD OF DIRECTORS VOTED TO ACCEPT THE FOLLOWING REVISIONS OF THE STEM ALLIANCE OF LARCHMONT-MAMARONECK'S BY-LAWS: MODIFIED ARTICLE 2, SECTION 1(I), POWER BY DELETING "TO DETERMINE WHETHER THE CORPORATION SHALL HAVE ANY VOTING OR NONVOTING MEMBERS AND, IF SO, ANY FEES TO BE CHARGED TO MEMBERS. MODIFIED ARTICLE 2, SECTION 2. NUMBERS TO READ AS FOLLOWS: THE NUMBER OF DIRECTORS CONSTITUTING THE BOARD (THE "ENTIRE BOARD") SHALL BE NO LESS THAN THREE (3) AND NO GREATER THAN TWENTY-FIVE (25). WITHIN THESE LIMITS, THE NUMBER OF DIRECTORS MAY BE INCREASED OR DECREASED BY ACTION OF THE BOARD, BUT NO DECREASE SHALL SHORTEN THE TERM OF ANY INCUMBENT DIRECTOR. MODIFIED ARTICLE 2, SEC 3(A) ELECTION AND TERM OF OFFICE MODIFIED TO READ AS FOLLOWS: THE TERMS OF THE DIRECTORS SHALL BE THREE (3) YEARS. THE ENTIRE BOARD SHALL BE STAGGERED BY DIVIDING THE TOTAL NUMBER OF DIRECTORS INTO THREE (3), AS EQUAL AS POSSIBLE, CLASSES. AT EACH ANNUAL MEETING OF THE BOARD (THE "ANNUAL MEETING), THE BOARD, BY VOTE OF A MAJORITY OF THE ENTIRE BOARD, SHALL ELECT DIRECTORS TO REPLACE THOSE WHOSE TERMS ARE EXPIRING FOR A NEW TERM OF THREE (3) YEARS. ANY INCREASES OR DECREASES IN THE NUMBER OF DIRECTORS SHALL, AS TO THE BEST OF THE BOARD'S ABILITY, BE APPORTIONED AMONG THE ABOVE MENTIONED CLASSES SO AS TO KEEP THEM AS EQUAL IN NUMBER AS POSSIBLE. MODIFIED ARTICLE 2, SEC 3(B) ELECTION AND TERM OF OFFICE MODIFIED TO READ AS FOLLOWS: EXCEPT IN THE CASE OF DEATH OR RESIGNATION OR REMOVAL UNDER THESE BY-LAWS, DIRECTORS SHALL HOLD OFFICE UNTIL THE EXPIRATION OF THEIR TERMS. DIRECTORS MAY SERVE A MAXIMUM OF NINE (9) CONSECUTIVE YEARS. MODIFIED ARTICLE 2, SEC 7. PLACE AND TIME OF MEETINGS TO READ AS FOLLOWS: THE BOARD SHALL HOLD AN ANNUAL MEETING EACH YEAR AND SHALL SET THE TIME AND PLACE OF THAT MEETING. AT THE ANNUAL MEETING, THE AGENDA SHALL INCLUDE THE ELECTION OF DIRECTORS AND OFFICERS, THE ANNUAL REPORT OF THE TREASURER AND SUCH OTHER BUSINESS AS PROPERLY MAY COME BEFORE THE MEETING. MEETINGS OF THE BOARD SHALL BE HELD AT SUCH TIMES AND PLACES AS MAY BE FIXED BY THE BOARD FROM TIME TO TIME. THE CHAIRPERSON OR PRESIDENT MAY CALL A MEETING AT ANY TIME AND SHALL SPECIFY THE TIME AND PLACE OF THE MEETING. THE CHAIRPERSON OR PRESIDENT SHALL FURTHER CALL A MEETING UPON THE WRITTEN APPLICATION OF THREE (3) DIRECTORS FOR THE TRANSACTION OF SUCH BUSINESS AS MAY BE DESCRIBED IN SUCH APPLICATION. MODIFIED ARTICLE 2, SECTION 8. NOTICE OF MEETINGS TO READ AS FOLLOWS: NOTICE NEED NOT BE GIVEN OF REGULAR MEETINGS OF THE BOARD, IF SUCH MEETINGS ARE FIXED IN ADVANCE BY THE BOARD. NOTICE SHALL BE GIVEN OF THE ANNUAL MEETING, EACH REGULAR MEETING NOT FIXED BY THE BOARD, AND EACH SPECIAL MEETING TO EACH DIRECTOR BY MAIL, TELEPHONE, E-MAIL, OR FAX AT LEAST SEVEN (7) DAYS PRIOR TO THE MEETING, PROVIDED THAT NOTICE OF SPECIAL MEETINGS TO DISCUSS MATTERS REQUIRING PROMPT ACTION MAY BE GIVEN NO LESS THAN FORTY-EIGHT (48) HOURS BEFORE THE TIME AT WHICH THE MEETING IS TO BE HELD UNLESS THE MEETING MUST BE HELD WITHIN FORTY-EIGHT (48) HOURS.. NOTICE OF ANY ADJOURNED MEETING SHALL BE GIVEN TO ANY DIRECTOR WHO WAS NOT PRESENT AT THE TIME OF THE ADJOURNMENT, AND TO THE OTHER DIRECTORS, IF THE TIME AND PLACE OF THE ADJOURNED MEETING WERE NOT ANNOUNCED AT THE MEETING. NOTICE OF A MEETING NEED NOT BE GIVEN TO ANY DIRECTOR WHO SUBMITS A WAIVER OF NOTICE, IN WRITING OR VIA E-MAIL OR FACSIMILE, TO THE SECRETARY BEFORE OR AFTER THE MEETING, OR WHO ATTENDS THE MEETING WITHOUT PROTESTING, PRIOR THERETO OR AT ITS COMMENCEMENT, THE LACK OF NOTICE TO HIM OR HER. MODIFIED ARTICLE 2, SECTION 9. QUORUM AND VOTING TO READ AS FOLLOWS: (A) UNLESS A GREATER PROPORTION IS REQUIRED BY LAW OR BY THE CERTIFICATE OF INCORPORATION OR THESE BYLAWS, AT ALL MEETINGS OF THE BOARD, A MAJORITY OF THE DIRECTORS THEN IN OFFICE SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. EXCEPT AS OTHERWISE PROVIDED BY LAW OR BY THE CERTIFICATE OF INCORPORATION OR THESE BY-LAWS, AT ANY MEETING OF THE BOARD AT WHICH QUORUM IS PRESENT, THE VOTE OF A MAJORITY OF THE DIRECTORS PRESENT AT THE TIME OF THE VOTE SHALL BE THE ACT OF THE BOARD. IF A QUORUM IS NOT PRESENT AT ANY MEETING OF THE BOARD, A MAJORITY OF THOSE DIRECTORS PRESENT MAY ADJOURN THE MEETING UNTIL SUCH A QUORUM IS PRESENT. DIRECTORS WHO ARE PRESENT AT A MEETING BUT NOT PRESENT AT THE TIME OF A VOTE DUE TO A CONFLICT OF INTEREST OR RELATED PARTY TRANSACTION SHALL BE DETERMINED TO BE PRESENT AT THE TIME OF THE VOTE FOR PURPOSES OF THIS SECTION. . (B) EACH DIRECTOR WILL HAVE ONE (1) VOTE ON EACH MATTER TO COME BEFORE THE BOARD. EXCEPT AS OTHERWISE PROVIDED BY LAW OR BY THE CERTIFICATE OF INCORPORATION OR THESE BY-LAWS, AT ANY MEETING OF THE BOARD AT WHICH QUORUM IS PRESENT, THE VOTE OF A MAJORITY OF THE DIRECTORS PRESENT AT THE TIME OF THE VOTE SHALL BE THE ACT OF THE BOARD. HOWEVER, THE FOLLOWING ACTIONS MAY BE TAKEN ONLY IF AUTHORIZED BY THE AFFIRMATIVE VOTE OF AT LEAST TWO-THIRDS OF THE ENTIRE BOARD: (I) THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, OF THE ASSETS OF THE CORPORATION; (II) A PURCHASE OF REAL PROPERTY IF SUCH PROPERTY, UPON PURCHASE, WOULD CONSTITUTE ALL, OR SUBSTANTIALLY ALL, OF THE ASSETS OF THE CORPORATION; (III) A PLAN OF MERGER, CONSOLIDATION, OR DISSOLUTION; (IV) REVOCATION OF A PLAN OF VOLUNTARY DISSOLUTION; (V) APPROVAL OF AN EMPLOYEE SERVING AS CHAIRPERSON; AND (VI) AN AMENDMENT OR CHANGE TO THE CERTIFICATE OF INCORPORATION, OR THESE BY-LAWS. MODIFIED ARTICLE 2, SECTION 11. COMPENSATION OF DIRECTIONS TO READ AS FOLLOWS: THE CORPORATION SHALL NOT PAY ANY COMPENSATION TO DIRECTORS FOR SERVICES RENDERED TO THE CORPORATION, EXCEPT THAT DIRECTORS MAY BE REIMBURSED FOR REASONABLE AND NECESSARY EXPENSES INCURRED IN THE PERFORMANCE OF THEIR DUTIES TO THE CORPORATION. SUBJECT TO THE CORPORATION'S CONFLICT OF INTEREST POLICY AND APPLICABLE LAW, DIRECTORS MAY RECEIVE REASONABLE COMPENSATION FOR SERVICES PERFORMED IN OTHER CAPACITIES FOR OR ON BEHALF OF THE CORPORATION PURSUANT TO AUTHORIZATION BY THE BOARD. MODIFIED ARTICLE 4, SECTION 1. OFFICERS TO READ AS FOLLOWS: THE OFFICERS OF THE CORPORATION SHALL CONSIST OF A PRESIDENT, ONE (1) OR MORE VICE PRESIDENTS (IF MORE THAN ONE (1), THAN AS DESIGNATED BY THE BOARD BY RESOLUTION), A TREASURER AND A SECRETARY. THE CHAIRPERSON MAY BE DESIGNATED AS AN OFFICER IF SO DETERMINED BY THE BOARD. A PERSON MAY HOLD MORE THAN ONE OFFICE, BUT NO PERSON SHALL HOLD THE OFFICES OF BOTH CHAIRPERSON OR PRESIDENT AND SECRETARY OR TREASURER. ALL OFFICERS SHALL BE SUBJECT TO THE SUPERVISION AND DIRECTION OF THE BOARD. MODIFIED ARTICLE 4, SECTION 3. OFFICERS, OTHER EMPLOYEES AND AGENTS TO READ AS FOLLOWS: THE BOARD MAY EMPLOY A PRESIDENT, WHO SHALL BE CHARGED WITH THE ADMINISTRATIVE AND EXECUTIVE MANAGEMENT OF THE AFFAIRS OF THE CORPORATION AND WHO SHALL HOLD OFFICE AT THE PLEASURE OF THE BOARD. THE BOARD MAY DELEGATE TO THE PRESIDENT ANY SUCH POWERS AND DUTIES WHICH ARE DELEGABLE AS A MATTER OF LAW, SUBJECT, IN EACH CASE, TO REVIEW BY THE BOARD. THE BOARD FROM TIME TO TIME MAY EMPLOY SUCH OTHER EMPLOYEES AND OTHER AGENTS AS IT SHALL DEEM NECESSARY TO SERVE DURING THE PLEASURE OF THE BOARD AND SUCH PERSONS SHALL HAVE THE AUTHORITY TO PERFORM THE DUTIES AND THE RIGHT TO RECEIVE COMPENSATION AND BENEFITS, IF ANY, AS DETERMINED BY THE BOARD. ADDED A NEW ARTICLE 4, SECTION 5. RESIGNATIONS TO READ AS FOLLOWS: ANY OFFICER MAY RESIGN FROM OFFICE AT ANY TIME BY DELIVERING A LETTER OF RESIGNATION IN WRITING TO THE CHAIRPERSON OR THE SECRETARY. SUCH RESIGNATION SHALL BE EFFECTIVE UPON ITS RECEIPT UNLESS THE LETTER SPECIFIES A LATER EFFECTIVE DATE, AND THE ACCEPTANCE OF SUCH RESIGNATION SHALL NOT BE NECESSARY TO MAKE IT EFFECTIVE. MODIFIED OLD ARTICLE 4, SECTION 8 TO NOW BE SECTION 9 VICE PRESIDENTS: POWERS AND DUTIES TO READ AS FOLLOWS: AT THE REQUEST OF THE PRESIDENT OR IN HIS OR HER ABSENCE, ONE OR MORE VICE-PRESIDENTS SHALL PERFORM THE DUTIES OF THE PRESIDENT, AND, WHEN SO ACTING, SHALL HAVE ALL THE POWERS OF, AND BE SUBJECT TO ALL THE RESTRICTIONS UPON, THE PRESIDENT. A VICE-PRESIDENT SHALL ASSIST THE PRESIDENT AND PERFORM SUCH OTHER DUTIES AND HAVE SUCH OTHER POWERS AS THE BOARD FROM TIME TO TIME MAY PRESCRIBE. THE DUTIES AND RESPONSIBILITIES OF A VICE PRESIDENT SHALL BE SUBJECT TO OVERSIGHT AND DIRECTION BY THE PRESIDENT AND THE BOARD, AND SHALL BE CARRIED OUT DIRECTLY OR THROUGH COMMITTEES HE OR SHE MAY LEAD, IN ACCORDANCE WITH THE CERTIFICATE OF INCORPORATION, THESE BY-LAWS, APPLICABLE LAW AND RESOLUTIONS, IF ANY, OF THE BOARD. REMOVED ARTICLE 4, SECTION 10. COMPENSATION OF OFFICERS REMOVED THE FOLLOWING LANGUAGE: THE CORPORATION SHALL NOT PAY ANY COMPENSATION TO OFFICER FOR SERVICES RENDERED TO THE CORPORATION, EXCEPT THAT OFFICERS MAY BE REIMBURSED FOR REASONABLE EXPENSES INCURRE |
| FORM 990, PART VI, SECTION B, LINE 11B | THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE FULL BOARD OF DIRECTORS OF THE NONPROFIT WILL ANNUALLY EVALUATE ALL SALARIES OF HIGHLY COMPENSATED EMPLOYEES. THE EXECUTIVE COMMITTEE WILL OBTAIN RESEARCH AND INFORMATION TO MAKE A RECOMMENDATION TO THE FULL BOARD FOR THE COMPENSATION (SALARY AND BENEFITS) OF ANY HIGHLY COMPENSATED EMPLOYEES OR CONSULTANTS BASED ON A REVIEW OF COMPARABILITY DATA. FOR EXAMPLE, THE EXECUTIVE COMMITTEE WILL SECURE DATA THAT DOCUMENTS COMPENSATION LEVELS AND BENEFITS FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THIS DATA MAY INCLUDE THE FOLLOWING: 1. SALARY AND BENEFIT COMPENSATION STUDIES BY INDEPENDENT SOURCES; 2. WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS; 3. DOCUMENTED TELEPHONE CALLS ABOUT SIMILAR POSITIONS AT BOTH NONPROFIT AND FOR-PROFIT ORGANIZATIONS; AND 4. INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
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