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 | Qualifications and Rights of Membership: All residential land leaseholders on the campus of the University who participate as required on a household basis in the ground rent and water charge system maintained by the University are entitled to membership in the Corporation without dues or other financial obligations to the Corporation. Leaseholders shall automatically be considered as members in the absence of any declinations in writing to the secretary, at any time. All leaseholders resident spouses upon notification in writing to the secretary shall also be members. |
| Form 990, Part VI, Section A, Line 7a | Election of Members and Their Rights: Each member shall be entitled to vote in person or by proxy to another member or to a proxy committee in elections of directors and in other voting by the general membership. In the interests of equality among households, a leaseholder without a resident spouse member shall be entitled to one additional vote in person or by proxy in such voting as provided in the Bylaws. |
| Form 990, Part VI, Section A, Line 7b | Each person entitled to vote shall have the right to do so either in person or by one or more agents authorized by a written proxy, signed by the person and filed with the Secretary of the Corporation. A proxy shall be deemed signed if the members name is placed on the proxy (whether by manual signature, typewriting, telegraphic transmission, or otherwise) by the member or the members attorney-in-fact. If a quorum is present, the affirmative vote of the majority of the voting power represented at the meeting, entitled to vote and voting on any matter, shall be the act of the members, unless the vote of a greater number or voting by classes is required by the California Nonprofit Public Benefit Corporation Law or by the Articles of Incorporation. |
| Form 990, Part VI, Section B, Line 11b | The Form 990 reviewed by organization's Executive Director. |
| Form 990, Part VI, Section B, Line 15a | The ED's compensation is determined by the Board of Directors. The compensation package was developed by reviewing market surveys which provided compensation ranges based on comparable non-profit organizations, location, organization size and the ED's responsibility level. The Board also took into consideration the relationship of the ED compensation to the compensation of other employees, the complexity of the organization and its size, the job responsibilities of the ED, the individual's salary history, and the organization's need for such services. |
| Form 990, Part VI, Section C, Line 19 | The Organization makes its governing documents available to the public directly upon their request. |
| Software ID: | 22015553 |
| Software Version: | 2022v5.0 |