| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: | LIAISON IN CONNECTION WITH LEGISLATIVE MATTERS AFFECTING THE RAILROAD INDUSTRY (I.E. RAILROAD RETIREMENT, RAILROAD UNEMPLOYMENT INSURANCE, RAILWAY LABOR ACT, ETC.). |
| FORM 990, PART VI, SECTION A, LINES 8A | LINE 8 EXPLANATION - NO FORMAL MINUTES OF THE EXECUTIVE BOARD MEETINGS ARE TAKEN. MEMBERS OF THE BOARD ATTENDING SUCH MEETINGS MAY TAKE NOTES AND KEEP THEM FOR FUTURE REFERENCE BUT SUCH NOTES ARE NOT REPRODUCED OR DISTRIBUTED. |
| FORM 990, PART VI, SECTION A, LINE 8B: | LINE 8 EXPLANATION - NO FORMAL MINUTES OF THE EXECUTIVE BOARD MEETINGS ARE TAKEN. MEMBERS OF THE BOARD ATTENDING SUCH MEETINGS MAY TAKE NOTES AND KEEP THEM FOR FUTURE REFERENCE BUT SUCH NOTES ARE NOT REPRODUCED OR DISTRIBUTED. |
| FORM 990, PART VI, SECTION B, LINE 11B: | LINE 11B EXPLANATION - NO REVIEW OF THE 990 OCCURS AT THE EXECUTIVE BOARD LEVEL, BUT A REVIEW DOES TAKE PLACE AT THE NRLC/ORGANIZATIONAL LEVEL. AFTER BEING COMPILED BY THE NRLC'S AUDITOR A DRAFT COPY IS PROVIDED TO THE NRLC FOR REVIEW. THE FINANCIAL ADMINISTRATOR FIRST AGREES ALL AMOUNTS TO THE NRLC'S GENERAL LEDGER AND DISCUSSES ANY QUESTIONS WITH THE AUDITOR. ONCE ALL ITEMS ARE TRACED AND AGREED TO THE GENERAL LEDGER THE FINANCIAL ADMINISTRATOR REVIEWS THE ENTIRE FORM WITH THE EXECUTIVE ADMINISTRATOR, CHAIRMAN, AND VICE CHAIRMAN. ALL QUESTIONS ARE THEN DISCUSSED AND REMEDIED WITH THE AUDITOR. ALL REQUIRED CHANGES ARE MADE, AND THE FINAL DOCUMENT IS REVIEWED AND SIGNED BY THE CHAIRMAN OF THE NRLC. |
| FORM 990, PART VI, SECTION B, LINE 15: | THE CHAIRMAN AND VICE CHAIRMAN'S SALARY IS APPROVED BY THE EXECUTIVE BOARD, OR ITS DESIGNEES (I.E. THE NATIONAL CARRIERS' CONFERENCE COMMITTEE). EACH YEAR WHEN APPROVING THE BUDGET THE EXECUTIVE BOARD, OR ITS DESIGNEES, EVALUATES THE AMOUNTS INCLUDED WITHIN THE SALARY EXPENSE LINE ITEM. IN ADDITION IN JANUARY OF EVERY YEAR THE EXECUTIVE BOARD, OR ITS DESIGNEES, PERFORMS A REVIEW OF THE CHAIRMAN'S AND VICE CHAIRMAN'S PERFORMANCE DURING THE PRIOR YEAR. BASED ON THIS PERFORMANCE REVIEW, AS WELL AS ADDITIONAL ANALYSIS INCLUDING BUT NOT LIMITED TO A COMPARISON OF THE CASH AMOUNTS RECEIVED BY THE OFFICERS TO COMPENSATION OF INDIVIDUALS IN SIMILAR POSITIONS WITHIN THE RAILROAD INDUSTRY, THE EXECUTIVE BOARD, OR ITS DESIGNEES, DETERMINES ANY APPLICABLE BONUSES AND ADJUSTMENTS TO THE SUBSEQUENT YEAR'S BASE SALARY. ONCE AMOUNTS ARE APPROVED, A MEMBER OF THE EXECUTIVE BOARD, OR ITS DESIGNEE, COMMUNICATES THE INFORMATION TO THE EXECUTIVE ADMINISTRATOR WHO IN TURN PROVIDES IT TO THE FINANCIAL ADMINISTRATOR OF THE NRLC. THE FINANCIAL ADMINISTRATOR MAINTAINS DOCUMENTATION SUPPORTING THE EXECUTIVE BOARD'S DECISION AND PROCESSES THE INFORMATION WITHIN THE PAYROLL SYSTEM. |
| FORM 990, PART VI, SECTION C, LINE 19: | NO DOCUMENTS AVAILABLE TO THE PUBLIC. |
| FORM 990 PART IX LINE 11G | DESCRIPTION:CONSULTING FEES TOTAL FEES:499506 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:PROFESSIONAL FEES TOTAL FEES:258486 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:ADMINISTRATION FEES TOTAL FEES:143000 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:TEMPORARY HELP TOTAL FEES:37186 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:ACTUARY FEES TOTAL FEES:4775 |
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