Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | MEMBERSHIP IN THE FORUM IS OPEN TO ANY PERSON OR ENTITY THAT OWNS, OPERATES OR CONTROLS AT LEAST 50 CIRCUIT MILES OF INTEGRATED TRANSMISSION FACILITIES, OR CONTINUOUSLY OPERATES A TRANSMISSION CONTROL CENTER STAFFED BY NERC-CERTIFIED TRANSMISSION OR RELIABILITY OPERATORS, OR HAS AN OPEN ACCESS TRANSMISSION TARIFF OR EQUIVALENT ON FILE WITH A REGULATORY AUTHORITY, OR THAT QUALIFIES ACCORDING TO THE REQUIREMENTS THAT THE BOARD OF DIRECTORS OF THE FORUM MAY SET FORTH BY RESOLUTION FROM TIME TO TIME. MEMBERS SHALL COMPLY WITH THE FORUM POLICIES ESTABLISHED BY THE MEMBERS AND APPROVED BY THE BOARD. MEMBERS DO NOT SHARE IN THE FORUM'S PROFITS OR NET ASSETS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | PURSUANT TO THE FORUM BYLAWS, A NOMINATING COMMITTEE CONSISTING OF FIVE PRIMARY REPRESENTATIVES OF THE MEMBERS OF THE FORUM SHALL BE ELECTED OR APPOINTED BY THE BOARD AS NEEDED TO RECOMMEND A SLATE OF CANDIDATES TO FILL VACANT POSITIONS OF THE BOARD. DIRECTORS ARE ELECTED FROM THIS SLATE BY THE MEMBERS AT THE ANNUAL MEETING OR ANY SPECIAL MEETING CALLED FOR SUCH A PURPOSE. |
| FORM 990, PAGE 6, PART VI, LINE 7B | A COMPLETED APPLICATION FOR MEMBERSHIP APPROVED BY THE BOARD MUST BE RATIFIED BY THE MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORUM ENGAGED AN INDEPENDENT CPA FIRM TO PREPARE THE FORM 990. A DRAFT COPY OF THE RETURN WAS PROVIDED TO MANAGEMENT AND A DETAILED REVIEW WAS DONE. THE RETURN WAS THEN FINALIZED AND COPY PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO ITS FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A)HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B)HAS READ AND UNDERSTANDS THE POLICY, C)HAS AGREED TO COMPLY WITH THE POLICY, AND D)UNDERSTANDS IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION THE FORUM MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPTED PURPOSES. TO ENSURE THE FORUM OPERATES IN A MANNER CONSISTENT WITH PRESCRIBED PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD OF DIRECTORS CONSIDERED BOTH PAST SALARY HISTORY FROM THE FORUM AND ANOTHER ORGANIZATION RELATED TO THEM IN YEARS PAST AS WELL AS EMPLOYEE PERFORMANCE AS PART OF THEIR ANNUAL DETERMINATION OF COMPENSATION. THE BOARD OF DIRECTORS DELIBERATES AND DECISIONS ARE DOCUMENTED ANNUALLY. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE BOARD OF DIRECTORS CONSIDERED BOTH PAST SALARY HISTORY FROM THE FORUM AND ANOTHER ORGANIZATION RELATED TO THEM IN YEARS PAST AS WELL AS EMPLOYEE PERFORMANCE AS PART OF THEIR ANNUAL DETERMINATION OF COMPENSATION. THE BOARD APPROVES BASED ON THE FORUM'S COMPENSATION PROCESS AND IT IS ADMINISTERED BY THE CEO. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE FORUM MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | ROUNDING 1 |
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