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 6 | MEMBERS ARE CLASSIFIED AS EITHER BUYERS, ENERGY PROVIDERS OR SERVICE PROVIDERS. WITHIN EACH CLASSIFICATION, MEMBERSHIP RANGES FROM SILVER LEVEL THROUGH LEADERSHIP CIRCLE LEVEL. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE GOVERNING BOARD IS COMPRISED OF ALL LEADERSHIP CIRCLE BUYER MEMBERS, PLUS ELECTED MEMBERS FROM OTHER MEMBERSHIP CLASSES AND TIERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND THEN REVIEWED BY ACCOUNTING STAFF, CFO, AND CEO PRIOR TO FINALIZATION. THE FORM 990 WAS CIRCULATED TO THE GOVERNING BODY PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, ALL STAFF SIGN THE CONFLICT OF INTEREST DISCLOSURE. AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF ANY ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST AS SOON AS THE INTERESTED PERSON IDENTIFIES THAT THERE MAY BE A CONFLICT OF INTEREST, AND, IF POSSIBLE, BEFORE REBA ENTERS INTO THE PROPOSED TRANSACTION OR ARRANGEMENT THAT GIVES RISE TO THE CONFLICT OF INTEREST. AFTER DISCLOSURE OF THE ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST, REBA'S CEO AND CFO, IN CONSULTATION WITH EACH OTHER, DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS BY FOLLOWING THE PROCEDURES DESCRIBED: THE INTERESTED PERSON DISCLOSES ALL MATERIAL FACTS TO REBA'S CEO AND CFO, AND/OR LEGAL COUNSEL CONCERNING THE PROPOSED TRANSACTION OR ARRANGEMENT, INCLUDING THE CIRCUMSTANCES GIVING RISE TO THE POTENTIAL CONFLICT OF INTEREST. IF REBA'S CEO AND CFO ARE UNABLE TO AGREE IN WHETHER A CONFLICT OF INTEREST EXISTS, THE MATTER IS REFERRED TO REBA'S BOARD OF DIRECTORS OR THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WHO DECIDE IF A POTENTIAL CONFLICT OF INTEREST EXISTS. THE REBA BOARD OF DIRECTORS OR THE EXECUTIVE COMMITTEE REQUESTS INFORMATION CONCERNING THE POTENTIAL CONFLICT OF INTEREST DIRECTLY FROM THE INTERESTED PERSON. IF THE CEO OR CFO HAVE REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST, THEY INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE INTERESTED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE CEO AND CFO DETERMINE THE INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST, THEY TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION, UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE PROCESS FOR DETERMINING COMPENSATION OF THE CEO INCLUDES COMPARABILITY DATA AND APPROVAL BY THE BOARD. THE COMPENSATION PROCESS WAS DOCUMENTED VIA EMAIL BY THE INTERIM BOARD CHAIR PRIOR TO REBA LAUNCH. THE DATE OF THE LAST COMPENSATION REVIEW TOOK PLACE MARCH 2021. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | HR 50,717. MARKETING 133,710. POLICY PROGRAM 203,656. FINANCE 221,373. CONTRACT SERVICES 355,650. |
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