| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDIT COMMITTEE WILL REVIEW FORM IN DETAIL WITH AUDITOR. UPON SATISFACTION, THE FULL BOARD WILL RECEIVE A COPY AND WILL BE GIVEN REASONABLE TIME TO REVIEW AND ASK QUESTIONS BEFORE THE RETURN IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST REPORT ANNUALLY TO CONFIRM THAT THEY UNDERSTAND THE POLICY AND THAT THEY HAVE DISCLOSED ANY CONFLICT OF INTEREST OR APPEARANCE OF CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | SALARIES FOR ALL NEI POSITIONS ARE BENCHMARKED AGAINST INDUSTRY STANDARDS, USING MID-TO-LARGE-SIZED NOT-FOR-PROFIT ORGANIZATIONS AS KEY COMPARATORS. ALL OFFICER POSITIONS ARE EVALUATED AGAINST A COMPENSATION SCORING SYSTEM THAT ENSURES THE SALARY RANGE FOR THE POSITION IS SET RELATIVE TO THE POSITION'S INTERNAL AND EXTERNAL RESPONSIBILITIES. CEO AND OFFICER POSITIONS ARE ALSO BENCHMARKED AGAINST INDUSTRY STANDARDS ANNUALLY USING THE SAME COMPARATOR GROUP AS THE OTHER POSITIONS. THE REVIEW IS PERFORMED BY AN EXTERNAL CONSULTANT WHO PROVIDES RECOMMENDATIONS TO THE ORGANIZATION & COMPENSATION COMMITTEE OF THE NEI EXECUTIVE COMMITTEE. THOSE RECOMMENDATIONS, IF APPROVED BY THE ORGANIZATION & COMPENSATION COMMITTEE, ARE THEN PROVIDED TO THE EXECUTIVE COMMITTEE FOR THE EXECUTIVE COMMITTEE'S FINAL APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | NEI DID NOT HAVE A REQUEST FOR DOCUMENTS DURING THE YEAR. NEI WILL MAKE THE DOCUMENTS AVAILABLE UPON REQUEST FOR THE PERIOD AS SET FORTH IN IRC SECTION 6104(D). |
| FORM 990, PART XI, LINE 9: | ACTUARIAL CHANGES FOR THE DEFINED BENEFIT AND POST RETIREMENT PLANS 5,277,518. |
| FORM 990, PART XII, LINE 2C: | THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR TAX YEAR. |
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