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 1a | The members of the Executive Committee shall consist of the Officers of The State Chamber, six (6) Regional Vice Chairmen; six at-large members of the Board; and the General Counsel of the Corporation (Ex-Officio, non-voting). All of the individuals on the Executive Committee shall be nominated by the Nominating Committee and elected by the Board of Directors. The Executive Committee shall have power and authority to act for the Board of Directors in the interval between meetings of the Board, fix the compensation of the President of The State Chamber, and other specific duties as are specifically delegated to the Executive Committee by these By-Laws or action of the Board of Directors. |
| Form 990, Part VI, Section A, line 2 | G Carl Gibson and Gilbert C Gibson have a family relationship. |
| Form 990, Part VI, Section A, line 4 | The bylaws were amended to change the number of board members and to authorize the board of directors to elect incoming board members |
| Form 990, Part VI, Section A, line 6 | The State Chamber has approximately 650 members that consist of businesses who pay dues. |
| Form 990, Part VI, Section A, line 7a | The members of the State Chamber vote for and approve appointments to the Board of Directors. |
| Form 990, Part VI, Section B, line 11b | The Form 990 will be reviewed by the Finance Committee and provided to the full board prior to being filed with the IRS. |
| Form 990, Part VI, Section B, line 12c | The organization has a conflict of interest policy. Potential conflicts are determined by the governance committee. If there is a conflict, the person must leave the meeting and cannot vote. |
| Form 990, Part VI, Section B, line 15 | The Organization uses the Council of State Chambers compensation surveys to examine comparable data from other states. Compensation was reviewed last in February 2020. |
| Form 990, Part VI, Section C, line 19 | The Organization's governing documents, conflict of interest policy, and financial statements are all available upon request. |
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