| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 2 FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS | THROUGH MEMBERSHIP ON THE BOARD, DIRECTORS MAY DEVELOP RELATIONSHIPS THAT GENERATE CLIENTS FROM OTHER DIRECTORS OR OTHERS ASSOCIATED WITH GREATER WICHITA PARTNERSHIP AND THE 10 COUNTY REGION. |
| Form 990, Part VI, Line 6 CLASSES OF MEMBERS OR STOCKHOLDERS | THE MEMBERS OF THE ORGANIZATION ARE THE MEMBERS OF THE BOARD. |
| Form 990, Part VI, Line 7a MEMBERS OR STOCKHOLDERS ELECTING MEMBERS OF GOVERNING BODY | MEMBERS ON THE BOARD OF DIRECTORS ARE NOMINATED AND ELECTED BY THE BOARD MEMBERS AND OFFICERS. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | AN INDEPENDENT ACCOUNTING FIRM PREPARES THE FORM 990. THE ORGANIZATION'S OFFICERS THEN REVIEW THE COMPLETE FORM 990 AND ALL REQUIRED SCHEDULES. ANY QUESTIONS OR CONCERNS ARE ADDRESSED AND ANY NECESSARY CHANGES ARE MADE. THE FINANCE AND EXECUTIVE COMMITTEES REVIEW THE 990 AND A COPY IS AVAILABLE TO ALL BOARD MEMBERS UPON REQUEST. THE 990 IS POSTED TO THE ORGANIZATION'S WEBSITE FOR PUBLIC ACCESS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | THERE IS A CONFLICT OF INTEREST PROVISION STATED IN THE COMPANY BYLAWS. THE BOARD MONITORS AND FOLLOWS ANY POSSIBLE CONFLICT. IF ANY ACTION OF THE BOARD PERTAINS TO ANY BOARD MEMBERS, THE BOARD MEMBER RECUSES HIM/HERSELF FROM THE DISCUSSION AND VOTE. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | COMPENSATION FOR THE PRESIDENT AND CEO IS A TOTAL AMOUNT REFLECTING COMPENSATION FROM TWO DIFFERENT ORGANIZATIONS. THE CEO IS RESPONSIBLE FOR THE DIRECTION AND LEADERSHIP OF BOTH THE PARTNERSHIP AND DOWNTOWN. THE PARTNERSHIP PAYS THE MAJORITY OF THE COMPENSATION OF THE CEO AS IT HAS BEEN DETERMINED THAT THE MAJORITY OF HIS TIME IS SPENT ON PARTNERSHIP OPERATIONS. THE GREATER WICHITA PARTNERSHIP, INC. AND WICHITA DOWNTOWN DEVELOPMENT CORPORATION EACH PAY A PORTION OF THIS TOTAL AMOUNT. IN ADDITION TO LEADERSHIP OF THE GREATER WICHITA PARTNERSHIP, INC., THE PRESIDENT AND CEO ALSO PROVIDES LEADERSHIP AND DIRECTION FOR THE SERVICES AND SUPPORT AGREED UPON WITH THE WICHITA DOWNTOWN DEVELOPMENT CORPORATION. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | AN ANNUAL PERFORMANCE REVIEW IS COMPLETED FOR ALL EMPLOYEES DURING THE 4TH QUARTER OF THE FISCAL YEAR. ANNUAL PAY INCREASES AND/OR PERFORMANCE BONUSES MAY THEN BE AWARDED. ANY PAY CHANGES AND BONUSES ARE REVIEWED BY THE PRESIDENT, HR/CFO, AND THE FINANCE CHAIR PRIOR TO IMPLEMENTING. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE GREATER WICHITA PARTNERSHIP SUPPLIES THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND 990 TO THE PUBLIC UPON REQUEST. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | MISCELLANEOUS REVENUE - Total Revenue: 9540, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 9540; |
| Form 990, Part IX, Line 11g Other Fees | PROFESSIONAL FEES - OTHER - Total Expense: 433111, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; CONTRACT SERVICES - Total Expense: 28630, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; |
| Software ID: | 23017437 |
| Software Version: | 2023v5.1 |