| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | ORGANIZATION MADE REASONABLE EFFORT TO DISCLOSE ANY BUSINESS AND FAMILY RELATIONSHIPS. TO ITS KNOWLEDGE THERE ARE NO BUSINESS RELATIONSHIP TO DISCLOSE, HOWEVER, DUE TO THE NATURE OF THE BOARD MEMBERS' ACTIVITIES, MANY MAY SERVE ON MULTIPLE NON-PROFIT BOARDS TOGETHER, THEREFORE, THE ORGANIZATION IS CHECKING PART VI, QUESTION 2 YES. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE PLUMB CLUB ASSOCIATION IS A TRADE ASSOCIATION. THEREFORE THERE ARE NO SHAREHOLDERS, ONLY MEMBERS. MEMBERS ARE A UNIQUE COALITION OF LEADING, RESPONSIBLE AND IMPORTANT SUPPLIERS SPANNING ALL FACETS OF THE JEWELRY, DIAMOND AND WATCH INDUSTRIES. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS ELECT THE BOARD OF DIRECTORS, REVIEW AND APPROVE REVISIONS OR AMENDMENTS TO THEIR BY-LAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT OF THE FORM 990 IS DISTRIBUTED TO THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO BEING SUBMITTED TO THE IRS. THE DRAFT FORM 990 IS DISTRIBUTED EARLY ENOUGH TO PROVIDE EACH COMMITTEE MEMBER WITH A REASONABLE AMOUNT OF TIME FOR REVIEW AND SUBMISSION OF QUESTIONS OR COMMENTS PRIOR TO THE FILING DEADLINE. THE FINAL FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER PRIOR TO BEING FILED WITH THE IRS. THE DRAFT AND FINAL FORM 990 MAY BE DISTRIBUTED IN PERSON, BY REGULAR MAIL, EMAIL, OR FAX. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST POLICY QUESTIONNAIRE IS SENT TO ALL BOARD MEMBERS ON AN ANNUAL BASIS WHO MUST SIGN A STATEMENT WHICH AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, READ AND UNDERSTAND THE POLICY AND AGREE TO COMPLY WITH THE POLICY. DIRECTORS REVIEW ALL QUESTIONNAIRES AND AGREE TO IMMEDIATELY NOTIFY PRESIDENT AND EXECUTIVE DIRECTOR WHEN CONFLICTS ARISE. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION OF THE EXECUTIVE DIRECTOR WAS REVIEWED BY THE BOARD OF DIRECTORS AND APPROVED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS PREPARED BY MANAGEMENT AVAILABLE BY REQUEST. |
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