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 2: Description of Business or Family Relationship of Officers, Directors, Et | BOARD MEMBERS AND OFFICERS OF THE CHAMBER OF COMMERCE ARE MOSTLY MADE UP OF MEMBERS OF THE CLEBURNE BUSINESS COMMUNITY THAT OFTEN TRANSACT BUSINESS WITH ONE ANOTHER. THIS TYPE OF BUSINESS RELATIONSHIP AMONG THE GOVERNING BODY IS INHERENT WITH THIS TYPE OF ENTITY. THE ORGANIZATION DOES, HOWEVER, HAVE CONFLICT OF INTEREST POLICIES AND TRANSACTION OVERSIGHT POLICIES IN PLACE THAT ENSURE THAT ALL EXPENSES/TRANSACTIONS BY THE CHAMBER ARE VISIBLE AND APPROVED BY THE BOARD. |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | THE CHAMBER OF COMMERCE IS MADE UP OF BUSINESS OWENERS AND EMPLOYEES OF BUSINESSES LOCATED IN THE CITY OF CLEBURNE. MEMBERS PAY ANNUAL DUES TO THE CHAMBER OF COMMERCE IN EXCHANGE FOR MEMBERSHIP PRIVILEGES ASSOCIATED WITH THE ORGANIZATION. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | No review was or will be conducted. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | ALL TRANSACTIONS BY THE CHAMBER OF COMMERCE ARE MONITORED AND APPROVED BY BOARD MEMBERS ON A MONTHLY BASIS. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | COMPENSATION FOR THE PRESIDENT/EXECUTIVE DIRECTOR OF THE CHAMBER IS REVIEWED AND VOTED ON ANNUALLY BY THE BOARD MEMBERS. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | No documents available to the public. |
| Software ID: | 21013475 |
| Software Version: | 2021v4.0 |