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 | IN MARCH 2012, THE BOARD OF DIRECTORS APPROVED AN ORGANIZATIONAL EXPENDITURE AUTHORIZATION POLICY AND AMENDED FOR TITLE CHANGES IN FEBRUARY 2018 AS FOLLOWS: 1.PRESIDENT AND CEO CAN APPROVE EXPENDITURES UP TO $25,000, LIMIT 8 TIMES PER YEAR WITHOUT PRIOR APPROVAL FROM THE BOARD, 2. CHAIRMAN AND VICE-CHAIR CAN APPROVE EXPENDITURES BETWEEN $25,000 AND UP TO $250,000 WITHOUT FULL BOARD APPROVAL, LIMIT OF 4 TIMES PER YEAR, AND 3. EXPENDITURES OVER $250,000 REQUIRE FULL BOARD APPROVAL. ANY APPROVAL UNDER 1 & 2 ARE COMMUNICATED TO THE FULL BOARD EITHER VIA ELECTRONIC UPDATES OR AT BOARD MEETINGS. |
| FORM 990, PART VI, SECTION A, LINE 4 | DURING 2021, THE ORGANIZATION AMENDED THE BYLAWS TO ESTABLISH AND RECOGNIZE NEW CONTRACTUAL AND BANK SIGNORS OF THE ORGANIZATION. IN ADDITION, ARTICLE I, SECTION 3 AND ARTICLE III, SECTION 4 OF THE BYLAWS WERE AMENDED TO CHANGE THE OCCURRENCE OF THE ANNUAL MEETINGS TO BE IN FIRST QUARTER OF EACH YEAR. |
| FORM 990, PART VI, SECTION A, LINE 6 | TWO CLASSES OF MEMBERS: DIRECTOR MEMBERS ARE MEMBERS OF THE BOARD OF DIRECTORS WHO HAVE BEEN DULY ELECTED ACCORDING TO THE PROVISIONS OF ARTICLE III OF THE BYLAWS AND SHALL HAVE THE RIGHT TO VOTE ON THE MANAGEMENT AND AFFAIRS OF THE CORPORATION, AS PROVIDED FOR IN THE BYLAWS. ASSOCIATE MEMBERS ARE ANY INDIVIDUAL, PARTNERSHIP, TRUST, FIRM, OR CORPORATION, WHO OR WHICH SHALL PAY ANNUAL DUES TO BE SET BY THE BOARD OF DIRECTORS. AN ASSOCIATE MEMBER DOES NOT HAVE THE RIGHT TO VOTE ON THE MANAGEMENT AND AFFAIRS OF THE CORPORATION." |
| FORM 990, PART VI, SECTION A, LINE 7A | DIRECTOR MEMBERS ARE MEMBERS OF THE BOARD OF DIRECTORS. THE MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED AT THE ANNUAL MEETING OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CHIEF FINANCIAL OFFICER/TREASURER WORKS CLOSELY WITH THE INDEPENDENT AUDITOR AND TAX ADVISORS IN PREPARING AND PROVIDING SCHEDULES AND DOCUMENTATION TO COMPLETE THE FORM 990. ONCE COMPLETED THE FINAL DRAFTS ARE REVIEWED BY CEO, COO, AND INTERNAL LEGAL COUNSEL FOR APPROVAL. IF EDITS NEED TO BE MADE, THE CFO WILL WORK WITH TAX ADVISOR BEFORE FINALIZING. ONCE FINALIZED THE RETURNS ARE SIGNED BY THE CEO, FILED, AND PROVIDED TO THE FULL BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF DIRECTORS AND OFFICERS SIGN ANNUAL CONFLICT OF INTEREST AGREEMENTS, WHEREBY THEY MUST DISCLOSE FINANCIAL INTEREST THAT MAY CREATE, OR MAY APPEAR TO CREATE, CONFLICTS OF INTEREST. IN SUCH CIRCUMSTANCES, THE AFFECTED DIRECTOR SHALL NOT PARTICIPATE IN THE DELIBERATIONS OR VOTING BY THE BOARD AS TO THE MATTER AT ISSUE. |
| FORM 990, PART VI, SECTION B, LINE 15 | UNDER DIRECTION OF THE CEO, THE COO CARRIES OUT AN ANNUAL REVIEW PROCESS IN AUGUST. MANAGERS EVALUATE STAFF, DISCUSS REVIEWS WITH THEM AND REPORT BACK TO THE COO AND CEO. COMPENSATION ADJUSTMENTS ARE COMMUNICATED TO STAFF PRIOR TO YEAR-END, EFFECTIVE FOR THE SUBSEQUENT CALENDAR YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICTS OF INTEREST AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | FEES FOR OTHER SERVICES: PROGRAM SERVICE EXPENSES 688,906. MANAGEMENT AND GENERAL EXPENSES 97,958. FUNDRAISING EXPENSES 64,365. TOTAL EXPENSES 851,229. |
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