| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | LINE 1A EXPLANATION - ALL SIGNIFICANT DECISIONS MADE BY THE GOVERNING BODY ARE VOTED ON BY THE BOARD OF DIRECTORS OR UNDER THEIR DIRECTION, THE EXECUTIVE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 6 | LINE 6 EXPLANATION - THE ORGANIZATION HAS 3 SEPARATE CLASSES OF MEMBERS: REGULAR, ASSOCIATE AND HONORARY. |
| FORM 990, PART VI, SECTION A, LINE 7A | LINE 7A EXPLANATION - THE BOARD HAS THE RIGHT TO NOMINATE AND ELECT DIRECTORS |
| FORM 990, PART VI, SECTION B, LINE 10B | LINE 10B EXPLANATION - ALL SIGNIFICANT ACTIVITIES OF THE OCONOMOWOC YOUNG PROFESSIONALS GROUP, ELEVATE OCONOMOWOC, ARE OVERSEEN BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | LINE 11B EXPLANATION - FORM 990 IS NOT SUBMITTED TO THE GOVERNING BODY. AS A REPRESENTATIVE OF THE BOARD, THE PRESIDENT REVIEWS AND SIGNS FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY WAS COMPLETELY REWRITTEN IN 2019. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER AND PROVIDE OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF THE BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. ALL DIRECTORS, OFFICERS AND COMMITTEE MEMBERS EXECUTE AN ANNUAL ACKNOWLEDGMENT OF THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE HIRES AND REVIEWS THE EXECUTIVE DIRECTOR. WITH BOARD APPROVAL, THE EXECUTIVE DIRECTOR HIRES AND REVIEWS THE ADMINISTRATIVE COORDINATOR. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR ESTABLISHING COMPENSATION AND BENEFITS FOR EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | PUBLIC DOCUMENTS ARE AVAILABLE ON REQUEST. |
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