| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 10B | THE CHAMBER IS RELATED TO THE STATEN ISLAND CHAMBER OF COMMERCE FOUNDATION INC., A SECTION 501(C)(3) EXEMPT ORGANIZATION, THROUGH COMMON OFFICER AND DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE BOARD OF DIRECTORS REVIEWS THE FORM 990 AND THE APPLICABLE SCHEDULES AT ONE OF THEIR BI-MONTHLY MEETINGS. AFTER THE BOARD OF DIRECTORS APPROVES THE INFORMATION REPORTED ON THE FORM 990, THE PRESIDENT SIGNS THE FORM AND FILES THE RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THERE IS ONGOING COMMUNICATION BETWEEN MANAGEMENT AND THE BOARD. THE BOARD OF DIRECTORS MEETS BI-MONTHLY. THE CEO / PRESIDENT HAS AN OPEN-DOOR POLICY TO HANDLE ALL ISSUES, FINANCIALLY AND NON-FINANCIALLY, THAT MAY ARISE IN THE COURSE OF BUSINESS. THE MANAGEMENT PRESENTS THE FINANCIAL AND NON-FINA NCIAL MATTERS TO THE BOARD. THE BOARD AGREES OR DISAGREES WITH THE ISSUES. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE SALARY OF THE EXECUTIVE OFFICER IS DETERMINED AND SUBJECT TO APPROVAL BY THE EXECUTIVE BOARD ANNUALLY AT ONE OF THEIR MEETINGS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE SALARIES OF ALL LEVELS OF EMPLOYEES ARE DETERMINED AND SUBJECT TO APPROVAL BY THE EXECUTIVE BOARD ANNUALLY AT ONE OF THEIR MEETINGS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | FUNDRAISING EXPENSES 26,636 FUNDRAISING EXPENSES -26,636 |
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