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 B, Line 11b | After completion of the annual CPA audit, the Form 990 is prepared internally by the professional accounting staff of the organization, utilizing current reference resources. The methodology used in the process has been reviewed by our CPA firm and other qualified consultants for completeness and reasonableness. The form is then made available for review by any board members that wish to review it. |
| Form 990, Part VI, Section B, Line 12c | The board-adopted Conflict of Interest Policy is reviewed annually with all board members and key staff. Each of these individuals completes a survey annually on which they are to disclose any situations that might give rise to any actual or perceived conflicts as defined by the Policy. These surveys are reviewed by leadership and key staff of the organization who are involved in reviewing all financial transactions of the organization. |
| Form 990, Part VI, Section B, Line 15 | The board of directors of the organization hires the CEO. This person is then reviewed annually by the Compensation Committee of the Board. In addition to performance against established measurements, the review includes an analysis of compensation. In making this analysis, the committee reviews comparable compensation data from multiple sources including national surveys, data reported on comparable DMO Form 990s, among other resources. Based the on performance and comparable industry data, the committee establishes the CEO's compensation for the coming year. The compensation of other key employees is established by the CEO, utilizing industry comparison data as well, within the guidelines established by the board-approved operating budget. |
| Form 990, Part VI, Section C, Line 19 | In general, other than as required by IRS regulations, the organization does not routinely make its governing documents and internal policies available to the general public. The organization does submit a copy of its annual audited financial statements to the Metropolitan Government of Nashville as required by contract. |
| Software ID: | 22015720 |
| Software Version: | v1.00 |