| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section A, Line 3 | THE EXECUTIVE DIRECTOR AND ADMINISTRATIVE STAFF ARE EMPLOYED BY THE MISSOURI CHAMBER OF COMMERCE. HAWTHORN REIMBURSES THE CHAMBER FOR THE EMPLOYEES' COMPENSATION. |
| Form 990, Part VI, Section A, Line 6 | MEMBERS WHO MAY BE NOMINATED FOR ELECTION TO THE BOARD OF DIRECTORS ARE DEFINED AS THOSE MEMBERS WHO CONTRIBUTE AT LEAST $10,000 ($20,000 OF IN-KIND GOODS AND SERVICES), FRIEND AND ECONOMIC DEVELOPMENT CONTRIBUTE AT LEAST $1,000, ASSOCIATE ARE THOSE WHO CONTRIBUTE AT LEAST $5,000, SUSTAINING BOARD MEMBERS CONTRIBUTE AT LEAST $20,000, AND BOARD OF GOVERNORS MEMBERS CONTRIBUTE AT LEAST $50,000 TO THE FOUNDATION. |
| Form 990, Part VI, Section A, Line 7a | BOARD MEMBERS ELECT AN EXECUTIVE COMMITTEE WHICH GOVERNS THE FOUNDATION ON A REGULAR BASIS. |
| Form 990, Part VI, Section A, Line 7b | APPROVAL OF MEETING MINUTES, FINANCIALS, NEW MEMBERS, BOARD MEMBERS, SUSTAINING BOARD MEMBERS AND BOARD OF GOVERNOR'S MEMBERS. |
| Form 990, Part VI, Section B, Line 11b | OUR INDEPENDENT AUDITORS PROVIDE THIS DOCUMENT, WHICH IS THEN REVIEWED BY ACCOUNTING, THE EXECUTIVE DIRECTOR, THE TREASURER AND CHAIR BEFORE SUBMITTING. |
| Form 990, Part VI, Section B, Line 12c | THE BOARD MUST SIGN A CODE OF ETHICS POLICY AT EVERY ANNUAL BOARD MEETING. |
| Form 990, Part VI, Section B, Line 15a | A MEETING OF THE EXECUTIVE COMMITTEE BASED ON THE OFFERING BY THE CHAIR. A VOTE IS TAKEN TO APPROVE ANY OFFERS OR ADJUSTMENTS. WITH REGARD TO OTHER EMPLOYEES, COMPENSATION LEVELS ARE OFFERED TO THE EXECUTIVE COMMITTEE BY THE EXECUTIVE DIRECTOR AND AGAIN WILL BE SUBJECT TO VOTE. |
| Form 990, Part VI, Section B, Line 15b | THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND DETERMINES THE SALARY AND BENEFITS FOR THE EMPLOYEES PROVIDED THROUGH A CONTRACT WITH A THIRD PARTY. |
| Form 990, Part VI, Section C, Line 19 | REQUIRED DOCUMENTS ARE POSTED ON WEBSITE AND ON GUIDESTAR. |
| Form 990, Part XII, Line 2c | THERE IS AN AUDIT COMMITTEE CHAIRED BY THE TREASURER OF THE FOUNDATION. |
| Software ID: | 23017517 |
| Software Version: | 2023v5.1 |