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 | THE ORGANIZATION'S MEMBERS CONSIST OF NEW JERSEY BASED INDIVIDUALS, BUSINESSES,AND INSTITUTIONS AND ARE REQUIRED TO PAY ANNUAL MEMBERSHIP DUES. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH DIRECTOR IS ENTITLED TO ONE VOTE AT ANNUAL AND QUARTERLY MEETINGS IN PERSON OR BY PHONE OR VIDEO MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS REVIEWED BY THE PRESIDENT, COPY IS PROVIDED TO ALL MEMBERS OF GOVERNING BODY AND BOARD FOR REVIEW BEFORE FILING. A COPY IS LEFT IN LOCKED OFFICE FOR PUBLIC INSPECTION UPON REQUEST |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS INTERNAL CONTROL, COMPLIANCE AND RISK MANAGEMENT POLICY AND PRACTICE PROCEDURE THAT IS APPROVED BY THE BOARD OF TRUSTEES. THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO BOARD MEMBERS, PRESIDENTS OFFICE AND PARENT ASSOCIATION OFFICERS. ALL THE POLICIES ARE COMMUNICATED AND REVIEWED BY BOARD OF TRUSTEES MEETING, OFFICERS OF THE PRESIDENT OFFICE MEETINGS AND MONTHLY MEETINGS OF PRESIDENT AND EXECUTIVES. IN ADDITION, ALL CONTRACTS FOR SERVICES REQUIRE AN APPLICAITON, W-9 AND CONFLICT OF INTEREST QUESTIONNAIRE TO PROCEED WITH CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | A CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, AND DOCUMENT RETENTION POLICY IS INCLUDED IN THE BY-LAWS AND EMPLOYEE MANUALS. THE BOARD OF DIRECTORS MAKES SURE NO TRANSACTIONS ARE DONE WITH BOARD MEMBERS BY ANALYZING TRANSACTIONS, EXPENDITURES AND BUDGETS AND APPROVES ALL SALARIES. THE PROCESS FOR DETERMINING COMPENSATION OF THE PRESIDENT AND KEY EMPOYEES INCLUDES REVIEW BY THE CHAIRMAN AND THE CHAIRMAN TAKING RECOMMENDATIONS TO THE BOARD OF DIRECTORS FOR DISSCUSSION AND DECISION MADE BY VOTE. THE CPA IS ASKED TO REVIEW 990 OF SIMILAR ORGANIZATIONS TO DETERMINE THE REASONABLENESS OF THE SALARIES AND WITHIN INDURSTRY NORMS. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE CHAMBER MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, 990 TAX RETURN AND STATE CHARITIES REGISTRATION ANNUAL FILING AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CHAMBER MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, AND 990 TAX RETURN AVAILABLE TO THE PUBLIC UPON REQUEST. |
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