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 4 | CHANGES TO BYLAWS RELATING TO MEMBERSHIP DUTIES, DUTIES OF THE BOARD OF DIRECTORS, NUMBER OF MEMBERS OF NOMINATING COMMITTEE AND DUTIES OF EXECUTIVE COMMITTEE. THE BOARD OF DIRECTORS SHALL NOT BE ABSENT FROM MORE THAN TWO MEETINGS TO REMAIN ON THE BOARD AND THE NOMINATING COMMITTEE CAN NOW HAVE A MINIMUM OF THREE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERSHIP OF THIS ASSOCIATION SHALL BE OF THREE CLASSES: ACTIVE MEMBERS, LIFETIME MEMBERS AND HONORARY MEMBERS. A. A GRADUATE OF THE MOUNT SINAI HOSPITAL SCHOOL OF NURSING SHALL BECOME AN ACTIVE MEMBER UPON PAYMENT OF DUES FOR THE CURRENT YEAR. B. ACTIVE MEMBERS WHO HAVE RESIGNED OR WHO HAVE BEEN DROPPED FOR NON-PAYMENT OF DUES MAY REINSTATE THEIR MEMBERSHIP AT ANY TIME UPON PAYMENT OF DUES FOR THE CURRENT YEAR. C. ACTIVE MEMBERS WHO ATTAIN SEVENTY YEARS OF AGE SHALL THEREAFTER BE LIFETIME MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | ACTIVE AND LIFETIME MEMBERSHIP IN THE ASSOCIATION CARRIES WITH IT THE FOLLOWING PRIVILEGES: (L) VOTING RIGHTS AS DEFINED IN THESE BYLAWS; (2) ELIGIBILITY FOR NOMINATION AND ELECTION TO OFFICE; (3) HONORARY MEMBERS SHALL NOT HAVE ANY VOTING RIGHTS. |
| FORM 990, PART VI, SECTION B, LINE 11B | ALUMNAE ASSOCIATION OF MT. SINAI SCHOOL OF NURSING HAS ITS FORM 990 PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, IT IS REVIEWED BY THE FINANCE COMMITTEE IN CONJUNCTION WITH THE ORGANIZATION'S OUTSOURCED ACCOUNTANTS. UPON APPROVAL, BUT BEFORE FILING, THE INDEPENDENT ACCOUNTING FIRM IS NOTIFIED VIA E-MAIL THAT THE 990 FORM HAS BEEN APPROVED FOR FILING. COPIES OF THE FILED RETURN ARE AVAILABLE FOR FULL BOARD REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALUMNAE ASSOCIATION, THE MOUNT SINAI HOSPITAL SCHOOL OF NURSING, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. THE BOARD CURRENTLY MANDATES THAT EACH BOARD MEMBER AND OFFICER OF THE ORGANIZATION ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. THE SIGNED CONFLICT OF INTEREST POLICIES ARE THEN SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR REVIEW OF ANY POTENTIAL OR ACTUAL CONFLICTS. IF A POTENTIAL OR ACUTAL CONFLICT EXISTS, THE EXECUTIVE COMMITTEE OF THE ORGANIZATION WILL INFORM THE MEMBER OF THE BASIS OF SUCH BELIEF. THE MEMBER WILL BE REQUIRED TO ANSWER ANY QUESTIONS THE BOARD MAY POSE AND TO RECUSE THEMSELVES FROM DISCUSSIONS REGARDING THE DECISION. THE PERSON WITH THE ACTUAL CONFLICT OF INTEREST WILL BE PROHIBITED FROM VOTING ON THE MATTER THAT GIVES RISE TO THE CONFLICT. THE EXISTENCE OF ANY CONFLICT AND ITS RESOLUTION SHALL BE DOCUMENTED IN THE MINUTES OF THE MEETING OF THE BOARD OR FOUNDATION AS APPLICABLE. IF THERE IS A FAILURE TO REPORT A POTENTIAL CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE OF THE BOARD MAY TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION AS DEEMED NECESSARY AND PROPER. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS PROVIDED TO THE NEW YORK STATE ATTORNEY GENERAL TO BE POSTED ON THEIR WEBSITE, AND IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, AND BYLAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. |
| FORM 990, PART XII, LINE 2C | THE ASSOCIATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. |
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