| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION IS COMPRISED OF MEMBERS, NOT STOCKHOLDERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS ARE RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS ARE RESPONSIBLE FOR VOTING ON CHANGES TO THE BYLAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | KCADC PRESENTS THE COMPLETED FORM 990 TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS BEFORE FILING THE FORM. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES FORM 990 AND ADVISES THE BOARD OF THEIR REVIEW AND APPROVAL AT THE NEXT BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT-OF-INTEREST POLICY IS DISCUSSED WITH ALL BOARD MEMBERS AT THE BEGINNING OF EACH NEW BOARD YEAR, AT WHICH POINT IN TIME OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THIS POLICY IS MONITORED ON AN ON-GOING BASIS BY KCADC ADMINISTRATION STAFF. |
| FORM 990, PART VI, SECTION B, LINE 15 | KCADC'S INDEPENDENT COMPENSATION COMMITTEE MEETS AS NEEDED TO DETERMINE THE CEO'S TOTAL COMPENSATION PACKAGE AND THE SALARIES OF OTHER OFFICERS AND KEY EMPLOYEES. THE COMMITTEE USES A VARIETY OF MEANS TO COME UP WITH A COMPETITIVE WAGE, I.E. ENGAGING A COMPENSATION CONSULTING FIRM, SURVEYING OTHER LIKE ORGANIZATIONS AROUND THE COUNTRY, ETC. ALL DECISIONS OF THE COMPENSATION COMMITTEE ARE RECORDED IN THE MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | KCADC STAFF IS INSTRUCTED TO GIVE ACCESS TO OUR FORM 990 TO ANY MEMBER OF THE GENERAL PUBLIC ON THE DAY REQUESTED. STAFF ARE REMINDED THAT THIS IS A FEDERAL LAW AND ARE TRAINED TO COMPLY. KCADC CHARGES A FEE FOR ANY COPIES REQUESTED--$1.00 FOR THE FIRST PAGE AND $.15 FOR EACH ADDITIONAL PAGE. IF THIS INFORMATION IS REQUESTED IN WRITING OR BY TELEPHONE, KCADC HAS 30 DAYS TO COMPLY. |
| FORM 990, PART XII, LINE 1: | THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING TO PREPARE FORM 990. THIS METHOD HAS NOT CHANGED FROM THE PRIOR YEAR. |
| FORM 990, PART XII, LINE 2C: | KCADC HAS AN AUDIT & FINANCE COMMITTEE THAT MEETS AT LEAST ANNUALLY TO REVIEW AND APPROVE THE FINANCIAL STATEMENT AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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