Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 1: | THE ALLIANCE IS COMMITTED TO GROWING AND NURTURING A VITAL REGIONAL ECONOMY THAT IS GLOBALLY COMPETITIVE. THE ALLIANCE WILL ACHIEVE THIS BY EXPANDING PARTNERSHIPS, DEVELOPING KEY RESOURCES, AND BUILDING THE INFRASTRUCTURE SYSTEMS THAT CREATE LOCAL AND REGIONAL EMPLOYMENT CENTERS. |
| FORM 990, PART VI, SECTION A, LINE 1A | EASC'S EXECUTIVE COMMITTEE CONSISTS OF FIVE BOARD OFFICERS AND SIX AT-LARGE MEMBERS, TWO OF WHICH SHALL BE SELECTED FROM THE CHAIRS OF ANY SUB-BOARDS OR STANDING COMMITTEES ESTABLISHED BY EASC'S BOARD. THE EXECUTIVE COMMITTEE SHALL POSSESS AND MAY EXERCISE ALL OF THE POWERS AND FUNCTIONS OF THE BOARD OF TRUSTEES IN THE MANAGEMENT AND DIRECTION OF EASC, EXCEPT AS NOTED IN SECTION 4.11 OF THE EASC BYLAWS. |
| FORM 990, PART VI, SECTION A, LINE 2 | DUE TO THE NATURE OF THE ORGANIZATION, MANY BOARD MEMBERS HAVE BUSINESS RELATIONSHIPS WITH OTHER BOARD MEMBERS. THESE ARE ALL ARMS-LENGTH TRANSACTIONS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FINANCE COMMITTEE REVIEWS THE FORM 990 PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | IT IS THE POLICY OF THE EASC TO PROHIBIT ITS EMPLOYEES FROM ENGAGING IN ANY ACTIVITY, PRACTICE, OUTSIDE EMPLOYMENT OR ACTS WHICH CONFLICT WITH, OR APPEAR TO CONFLICT WITH, THE PERFORMANCE OF THEIR JOB THE INTEREST OF THE EASC, ITS CONTRACTORS, OR ITS FUNDING AGENCIES. EMPLOYEES ARE EXPECTED TO REPRESENT THE EASC IN A POSITIVE AND ETHICAL MANNER. EMPLOYEES WILL AVOID SITUATIONS THAT GIVE RISE TO A SUGGESTION THAT ANY DECISION WAS INFLUENCED BY PREJUDICE, BIAS, SPECIAL INTEREST, OR PERSONAL GAIN. EMPLOYEES HAVE AN OBLIGATION TO AVOID CONFLICT OF INTEREST AND TO REFER QUESTIONS AND CONCERNS ABOUT CONFLICT TO THEIR SUPERVISOR. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION IS REVIEWED AND APPROVED BY AN INDEPENDENT EXECUTIVE COMMITTEE USING COMPARABLE SALARY INFORMATION ACROSS THE NON-FOR-PROFIT SECTOR. |
| FORM 990, PART VI, SECTION C, LINE 19 | ORGANIZATION DOES MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | EASC HAS AN INTERNAL DIRECTOR OF FINANCE WHO IS POINT OF CONTACT DURING THE ANNUAL AUDIT OF EASC'S CONSOLIDATED BASIS FINANCIAL STATEMENTS, EASC'S FINANCE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENTS BEFORE THEY ARE FINALIZED FOR DISTRIBUTION. EASC'S EXECUTIVE COMMITTEE AND FINANCE COMMITTEE TOGETHER ASSUME RESPONSIBILITY FOR SELECTION OF AN INDEPENDENT AUDIT FIRM, THIS AUDIT FIRM SELECTION PROCESS HAS NOT CHANGED FROM PRIOR YEARS |
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