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 B, LINE 11B | THE PRESIDENT AND THE DIRECTOR OF FINANCE REVIEW THE FORM 990 IN DETAIL, WHICH IS PREPARED BY AN INDEPENDENT CPA BEFORE IT IS FILED WITH THE IRS. THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE AND EACH VOTING MEMBER OF THE BOARD OF DIRECTORS BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY STATES THAT IT IS THE RESPONSIBILITY OF EMPLOYEES, OFFICERS, AND DIRECTORS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST AND INFORM CENTRAL HOUSTON, INC. (CHI). THEN, CHI TAKES THAT INDIVIDUAL OUT OF A DECISION MAKING ROLE WITH REGARD TO THE ISSUE THAT HAS A CONFLICT OF INTEREST. CHI REVIEWS THE POLICY ANNUALLY WITH OFFICERS, DIRECTORS, AND KEY EMPLOYEES AND RENEWS A DISCLOSURE STATEMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESS TO DETERMINE THE COMPENSATION OF THE PRESIDENT IS TO OBTAIN DATA FROM COMPARABLE ORGANIZATIONS IN HOUSTON, AS WELL AS PERIODICALLY PURCHASED SURVEY RESULTS FROM INDEPENDENT RESEARCH ORGANIZATIONS FOCUSING ON NON-PROFIT ORGANIZATION COMPENSATION. THE COMPARATIVE INFORMATION IS PROVIDED TO THE PERSONNEL COMMITTEE IN CONJUNCTION WITH THE PRESIDENT'S ANNUAL REVIEW. THE PERSONNEL COMMITTEE INCLUDES THE CHAIRS OF CENTRAL HOUSTON, THE HOUSTON DOWNTOWN MANAGEMENT DISTRICT, AND THE DOWNTOWN REDEVELOPMENT AUTHORITY. |
| FORM 990, PART VI, SECTION C, LINE 19 | CHI MAKES AVAILABLE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WHEN THEY ARE REQUESTED. |
| FORM 990, PART VII, SECTION A, LINE 1A | MEMBERS OF THE GOVERNING BODY (THE BOARD OF DIRECTORS) HAVE DELEGATED AUTHORITY TO ACT ON ITS BEHALF TO THE EXECUTIVE COMMITTEE, WHICH IS MADE UP OF THE CHAIRMAN AND VICE CHAIRMAN OF THE BOARD, THE PRESIDENT, AND 13 BOARD MEMBERS ELECTED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE HAS ALL THE POWERS OF THE BOARD OF DIRECTORS. |
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