Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | LINE 6 EXPLANATION - EACH BUSINESS IN THE BIXBY KNOLLS DISTRICT IS A MEMBER OF THE ASSOCIATION AND IS ASSESSED ANNUALLY BY THE CITY OF LONG BEACH. |
| FORM 990, PART VI, SECTION A, LINE 7A | LINE 7A EXPLANATION - DIRECTORS ARE ELECTED WITH A MAJORITY VOTE OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 8B | NO SEPARATE COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | LINE 11B EXPLANATION - THE TREASURER REVIEWS FORM 990 AND PRESENTS IT TO THE EXECUTIVE COMMITTEE WITH HIS/HER RECOMMENDATION. AFTER REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE, FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 12C | POLICY IS MONITORED THROUGH THE CITY OF LONG BEACH. ALL BOARD MEMBERS TAKE AN ETHICS TRAINING CLASS THAT INCLUDES THE CONFLICT OF INTEREST POLICIES. |
| FORM 990, PART VI, SECTION B, LINE 15 | AS REQUIRED, STAFF COMPENSATION IS REVIEWED AND IF CHANGES ARE CONSIDERED, THE EXECUTIVE DIRECTOR WILL PRESENT A RECOMMENDATION TO THE EXECUTIVE COMMITTEE AND UPON THEIR APPROVAL, WITHIN THE LIMITS ESTABLISHED BY THE BOARD, THE ADJUSTMENT WILL BE IMPLEMENTED. EXECUTIVE DIRECTOR COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 18 | BY-LAWS AND THE MINUTES FROM BOARD MEETINGS ARE LOCATED AT THE ASSOCIATION'S OFFICE. FORM 990 IS AVAILABLE AT THE ASSOCIATION'S OFFICE. |
| FORM 990, PART VI, SECTION C, LINE 19 | BY-LAWS AND THE MINUTES FROM BOARD MEETINGS ARE LOCATED AT THE ASSOCIATION'S OFFICE. FORM 990 IS AVAILABLE AT THE ASSOCIATION'S OFFICE. |
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