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 2 | Various Board members had business relationships with each other during 2022. |
| Form 990, Part VI, Section A, line 3 | Claremont Insights performs the duties of the Executive Director of the Organization. Jaemie Neely, President of Claremont Insights performs these functions for a management fee of $103,000/year. Further, Debbie Gidley, Gidley Management Group from (January-July 2022), turned Independent Contractor, was engaged in assisting the Executive Director with various projects and events and preparation of internal financial statements for a fee of $45,500 (Jan-July to GMG) and $25,000 (August December) for a total of $70,500. The total management fee for both Jaemie and Debbie has been reported as $173,500 on the Statement of Functional Expense. |
| Form 990, Part VI, Section B, line 11b | The Governing Board delegates the review of Form 990 to the Finance Committee. The Form 990 is provided to the Board of Directors prior to being filed. |
| Form 990, Part VI, Section B, line 12c | Annual statements of compliance with the terms of the conflict of interest policy are signed by each Board member and maintained in the Assocation office files. |
| Form 990, Part VI, Section B, line 15a | The contract of the Executive Director is analyzed and reviewed by officers of the Board in conjunction with consultation with the Association's outside legal counsel based upon the merits of the work being performed in a competitive marketplace. |
| Form 990, Part VI, Section C, line 19 | Disclosure of governing documents, policies and financial statements are made available upon request. |
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