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 4 | THE FOLLOWING CHANGES WERE MADE TO THE GOVERNMENT EMPLOYEES' BENEFIT ASSOCIATION, INC. BYLAWS IN 2020. CHANGES TO ARTICLE III - BOARD OF DIRECTORS: 1. SECTION 1 ORGANIZATION - CHANGED TITLE OF EXECUTIVE VICE-PRESIDENT/CHIEF EXECUTIVE OFFICER ("EVP") TO PRESIDENT/CHIEF EXECUTIVE OFFICER AND BOARD PRESIDENT TO BOARD CHAIRPERSON. ALL OTHER PARTS OF THE BYLAWS HAVE BEEN UPDATED ACCORDINGLY. CHANGES AND ADDITIONS TO ARTICLE V - OFFICERS: 1. SECTION 2 DUTIES - ADDITIONAL LANGUAGE ADDED TO FURTHER SPECIFY THE DUTIES OF THE OFFICERS. THE DISCUSSION OF THE BOARD COMMITTEES MOVED TO A NEW SECTION 3. 2. SECTION 3 COMMITTEES - EXPANDS THE NUMBER OF BOARD COMMITTEES TO INCLUDE A STRAGTEGY & GOVERNANCE COMMITTEE. ADDITIONAL LANGAUAGE ADDED TO SPECIFY THE DUTIES OF THE NEW AND EXISTING COMMITTEES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE DIRECTOR OF ACCOUNTING AND THE EXECUTIVE DIRECTOR, WHO VERIFY THE ACCURACY OF THE FINANCIAL DATA, AND REVIEW ANSWERS PROVIDED TO QUESTIONS CONTAINED WITHIN THE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, BOARD MEMBERS AND SENIOR STAFF ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST DISCLOSURE FORM EACH YEAR. EACH OFFICER, DIRECTOR AND STAFF MEMBER IS EXPECTED TO DISCLOSE ANY POTENTIAL CONFLICTS INCLUDING A DIRECT OR INDIRECT INTEREST (FINANCIAL, FAMILIAL OR OTHERWISE) WITH THE BUSINESS OF GOVERNMENT EMPLOYEES' BENEFIT ASSOCIATION ("GEBA"). IF APPLICABLE, GEBA TAKES UP FOR CONSIDERATION ANY MATTER IN WHICH AN OFFICER, DIRECTOR, STAFF MEMBER, OR PERSONS AFFLIATED WITH THEM, HAVE SUCH AS CONFLICTED INTEREST. GEBA SHALL RESOLVE QUESTIONS OF REAL OR APPARENT CONFLICIT OF INTEREST THROUGH THE FOLLOWING PROCEDURES: 1) THE PERSON WITH A CONFLICTED INTEREST MUST DISCLOSE ANY RELEVANT FACTS THAT MIGHT GIVE RISE TO A CONFLICT OF INTEREST, 2) THE PERSON SO AFFECTED MAY TAKE PART IN ANY DISCUSSION OF ANY SUCH MATTERS, UNLESS GEBA SPECIFICALLY REQUESTS THE PERSON TO ABSTAIN FROM VOTING ON ANY RESOLUTION INVOLVING SUCH MATTERS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD REVIEWED AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES DATA PROVIDED BY THE EXECUTIVE DIRECTOR. THE BOARD DISCUSSED WHERE COMPARABLE SALARY DATA WAS APPLICABLE AND WHERE VARIANCES IN SPECIFIC FUNCTIONS EXISTED TO HELP WITH THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OTHER MEMBERS OF THE GOVERNMENT EMPLOYEE BENEFIT ASSOCIATION MANAGEMENT TEAM. |
| FORM 990, PART VI, SECTION C, LINE 18 | GEBA'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON ITS WEBSITE: WWW.GEBA.COM. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | GEBA'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON ITS WEBSITE: WWW.GEBA.COM. THE ORGANIZATION'S GOVERNING DOCUMENTTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THERE HAS BEEN NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR. |
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