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 | THERE ARE THREE CLASSES OF MEMBERSHIP: MEMBERS, NON-MEMBER ASSOCIATE ORGANIZATIONS, AND NON-MEMBER AFFILIATES. 1. MEMBERS HAVE THE AUTHORITY TO APPOINT ONE DIRECTOR TO THE BOARD FOR EACH MEMBER AND ARE ENTITLED TO ONE VOTE ON MATTERS SUBMITTED TO A VOTE OF THE MEMBERS. 2. NON-MEMBER ASSOCIATE ORGANIZATIONS DO NOT HAVE VOTING RIGHTS. 3. NON-MEMBER AFFILIATES DO NOT HAVE VOTING RIGHTS. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH MEMBER HAS THE AUTHORITY TO APPOINT ONE DIRECTOR TO THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WILL BE REVIEWED BY THE BOARD CHAIRMAN. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANY DIRECTOR HAVING A CONFLICT OF INTEREST ON ANY MATTER SHALL ABSTAIN FROM VOTING ON THE MATTER, BUT SHALL BE COUNTED IN DETERMINING THE QUORUM FOR THE VOTE ON THE MATTER. IN ADDITION, HE OR SHE SHALL NOT USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER, BUT MAY BRIEFLY STATE HIS OR HER POSITION ON THE MATTER AND MAY ANSWER PERTINENT QUESTIONS FROM OTHER DIRECTORS. IF A DIRECTOR IS UNCERTAIN AS TO WHETHER HE OR SHE HAS A CONFLICT OF INTEREST WHICH REQUIRES ABSTENTION, OR IF A DIRECTOR ASSERTS THAT ANOTHER DIRECTOR HAS SUCH A CONFLICT, THE BOARD, BY A VOTE OF TWO THIRDS OF THOSE PRESENT OTHER THAN THE DIRECTOR HAVING THE POSSIBLE CONFLICT, SHALL DECIDE WHETHER ABSTENTION IS REQUIRED. IF SO, THE DIRECTOR HAVING THE POSSIBLE CONFLICT WILL ABSTAIN. THE MINUTES OF THE MEETING INVOLVING A DIRECTOR WITH A CONFLICT OF INTEREST SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE INTERESTED DIRECTOR ABSTAINED FROM VOTING. |
| FORM 990, PART VI, SECTION B, LINE 15 | NO OFFICERS OR DIRECTORS RECEIVE COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE INSTITUTE WILL MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE INSTITUTE DOES NOT MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. |
| FORM 990, PART IX, LINE 11G | PR CONSULTING 42,000. ECONOMIC IMPACT STUDY 18,612. |
| PART XII, LINE 2C EXPLANATION | THE PROCESS HAS NOT CHANGED. |
| Software ID: | |
| Software Version: |