| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | VGM GROUP, INC. (VGM IS A NATIONAL MEMBER SERVICE ORGANIZATION WITH ITS PRINCIPAL OPERATIONS LOCATED IN WATERLOO, IOWA. VGM IS COMPRISED OF A NUMBER OF FOR-PROFIT OPERATING COMPANIES THAT OFFER BUSINESS SERVICES TO HEALTHCARE PROVIDERS OF RESPIRATORY THERAPY, DURABLE MEDICAL EQUIPMENT AND SUPPLIES, ORTHOTIC AND PROSTHETIC DEVICES, COMPLEX REHAB AND ASSISTIVE TECHNOLOGY EQUIPMENT, PHARMACIES AND HOME HEALTH AGENCIES WHOSE MEMBERS MAY BE MEMBERS OF THE AMERICAN ASSOCIATION FOR HOMECARE. THE MEDGROUP IS A BUSINESS SERVICE ORGRANIZATION BASED IN TEXAS. FOR-PROFIT PROVIDERES ARE MEMBERS OF THE MEDGROUP AS WELL AS THE AMERICAN ASSOCIATION FOR HOMECARE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FINANCE COMMITTEE REVIEWS THE AUDIT REPORT AND THEN RECOMMENDS IT TO THE BOARD FOR APPROVAL. AT THE FALL BOARD MEETING THE AUDIT REPORT IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990 IS BASED OFF THE INFORMATION FOUND ON THE AUDIT REPORT. THE INITIAL REVIEW OF FORM 990 IS COMPLETED BY THE CHIEF OPERATING OFFICER AND ANY CORRECTIONS ARE MADE. THE PRESIDENT APPROVES THE FILING OF THE 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY KNOWN CONFLICTS OF INTEREST AND SIGN AN INDIVIDUAL COPY OF THE POLICY ON A YEARLY BASIS. THE SIGNED POLICIES ARE KEPT ON FILE WITH THE ASSOCIATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION HAS A COMPENSATION COMMITEE MADE UP OF MEMBERS FROM THE BOARD OF DIRECTORS WHOSE ROLE IS TO DETERMINE THE SALARY AND BENEFITS FOR THE PRESIDENT & CEO AS WELL AS OTHER KEY EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASSOCIATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE EXECUTIVE COMMITTEE ASSUMES THE RESPONSIBILITY OF REVIEWING THE FINANCIAL STATEMENTS AND SELECTING THE INDEPENDENT ACCOUNTANTS, NO CHANGE IN PROCEDURE WAS MADE DURING THE FISCAL YEAR. |
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