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 | CMG HAS MEMBERS WHO JOIN THE ASSOCIATION, CMG DOES NOT HAVE STOCKHOLDERS. THE MEMBERS ARE EITHER INDIVIDUAL, COMPANY, OR ACADEMIC MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OF THE BOARD OF DIRECTORS SHALL BE ELECTED BY MAJORITY VOTE OF ELIGIBLE VOTING MEMBERS PRESENT AT A BUSINESS MEETING WHEN SUCH ELECTION HAS BEEN ANNOUNCED AND IS ON THE MEETING AGENDA, OR BY ELECTRONIC BALLOT BY A THIRD PARTY COMPANY. THE BOARD OF DIRECTORS ELECT THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE EXECUTIVE COMMITTEE (EC) MEMBERS WILL RECEIVE A COPY BY EMAIL AND BE INVITED TO COMMENT OR ASK QUESTIONS WHICH WILL BE ANSWERED BY THE EXECUTIVE DIRECTOR, OR THE PREPARING FINANCIAL ACCOUNTING FIRM, IF REQUIRED. REVIEW AND ACKNOWLEDGMENT BY THE EC WILL BE REQUESTED. |
| FORM 990, PART VI, SECTION B, LINE 12C | A LETTER IS SENT OUT BY CMG'S MANAGEMENT AND IF DISCLOSURES ARE MADE THAT COULD RESULT IN CONFLICTS, THE INDIVIDUALS RESPONDING ARE REQUESTED TO "CEASE AND DESIST" SUCH ACTIVITY. DIRECTORS SHALL DISCLOSE (IN WRITING) ALL CONFLICTS OF INTEREST TO THE BOARD OF DIRECTORS AS SOON AS PRACTICABLE. DIRECTORS SHALL REMOVE THEMSELVES FROM VOTING ON MATTERS IN WHICH THEY HAVE A CONFLICT. REGARDING MATTERS IN WHICH THE DIRECTOR DOES NOT BELIEVE THERE IS A CONFLICT OF INTEREST BUT NEVERTHELESS THERE MAY BE A PERCEPTION OF A CONFLICT, THESE SHALL BE DISCLOSED TO THE BOARD OF DIRECTORS, WHICH SHALL DETERMINE WHETHER OR NOT AN ACTUAL CONFLICT EXISTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | CMG'S PRESIDENT AND TREASURER ARE RESPONSIBLE FOR ESTABLISHING THE COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR ON AN ANNUAL BASIS. THE PROCESS INVOLVES IDENTIFYING COMPENSATION THAT IS REASONABLE AND IN LINE WITH MARKET TRENDS, AND REFLECTS THE EXECUTIVE DIRECTOR'S PERFORMANCE OVER THE YEAR BASED ON THE POSITION DESCRIPTION AND THE STRATEGIC GOALS OF THE ASSOCIATION. WHEN REVIEWING MARKET TRENDS THE PRESIDENT AND SECRETARY LOOK AT SIMILAR SIZED ASSOCIATIONS AND COMPARABLE ROLES, AS WELL AS TAKING ACCOUNT OF THE RATE OF INFLATION. SOURCES INCLUDE SALARY SURVEYS AND DATA TAKEN FROM ASSOCIATION COMPENSATION & BENEFITS STUDIES, FOR EXAMPLE THE ASAE STUDY. THE PRESIDENT AND TREASURER MEET ANNUALLY AT CMG'S INTERNATIONAL CONFERENCE AND DISCUSS THE COMPENSATION PACKAGE WHICH IS THEN DOCUMENTED IN A LETTER DESCRIBING THE ANNUAL SALARY REVIEW AND BONUS PAYMENT. A COPY OF THIS LETTER IS DISTRIBUTED TO THE EXECUTIVE COMMITTEE FOR APPROVAL AND THEN SENT TO THE EXECUTIVE DIRECTOR. A COPY IS ALSO HELD BY BOTH THE PRESIDENT AND TREASURER AS PART OF THE EXECUTIVE DIRECTOR'S PERSONNEL FILE WHICH IS HELD BY THE TREASURER. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Software ID: | |
| Software Version: |