| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE PRINCETON REGIONAL CHAMBER OF COMMERCE IS COMMITTED TO ADVANCING THE GENERAL WELFARE AND PROSPERITY OF THE PRINCETON REGION SO THAT ITS CITIZENS AND ALL AREAS OF ITS BUSINESS COMMUNITY SHALL PROSPER. THROUGH A WIDE VARIETY OF PROGRAMS AND ACTIVITIES THROUGHOUT THE YEAR, THE CHAMBER SEEKS TO SERVE OUR MEMBERS, SPEAK FOR BUSINESS AND TO PROMOTE AN ENVIRONMENT FOR ECONOMIC GROWTH. |
| FORM 990, PAGE 1, PART I, LINE 6 | VOLUNTEERS SERVE ON THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE ENTITY IS A NON-PROFIT ORGANIZATION WHICH CONSISTS OF MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | MEMBERS CAN ELECT OTHER MEMBERS OF THE BOARD AND THE GOVERNING BODY AND CAN APPROVE SIGNIFICANT DECISIONS REGARDING THE ORGANIZATION AND ITS MANAGEMENT. |
| FORM 990, PAGE 6, PART VI, LINE 7B | MEMBERS CAN ELECT OTHER MEMBERS OF THE BOARD AND THE GOVERNING BODY AND CAN APPROVE SIGNIFICANT DECISIONS REGARDING THE ORGANIZATION AND ITS MANAGEMENT. |
| FORM 990, PAGE 6, PART VI, LINE 11B | PRIOR TO FILING THE FORM 990 WITH THE IRS, THE FORM IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD FOR REVIEW AND APPROVAL. THE 990 APPROVAL PROCESS IS A FORMAL PROCESS DESIGNED TO EDUCATE EVERYONE ON THE BOARD ABOUT THE CHAMBER, ITS FISCAL AND COMMUNITY PERFORMANCE, AND THE RULES, REGULATIONS AND OVERSIGHT THAT GUIDE THE CHAMBER'S ACTIVITIES. THE FOR 990 IS FIRST REVIEWED BY THE CHAMBER'S CFO AND ACCOUNTING FIRM PARTNER, FOLLOWED BY THE PRESIDENT/CEO. ANY QUESTIONS RAISED ARE RESEARCHED BY THE CFO. THE FORM 990 IS THEN PRESENTED TO THE FINANCE COMMITTEE FOR DISCUSSION AND REVIEW. ONCE APPROVED, THE FORM 990 IS REVIEWED BY THE CHAMBER EXECUTIVE COMMITTEE, FOLLOWED BY THE FULL BOARD AT THE CHAMBER'S BOARD MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ALL OFFICERS AND DIRECTORS ARE FURNISHED WITH A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY WHICH REQUIRES THEIR SIGNED ACKNOWLEDGEMENT THAT THEY HAVE READ AND AGREE TO UPHOLD THE POLICY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE CHAIRMAN OF THE BOARD AND EXECUTIVE COMMITTEE SHALL REVIEW THE PRESIDENT AND CEO. |
| FORM 990, PAGE 6, PART VI, LINE 15B | OFFICERS COMPENSATION BELOW THE CEO IS EVALUATED BASED ON WRITTEN ANNUAL GOALS AND OBJECTIVES AGREED TO WITH EACH OFFICER AT THE BEGINNING OF THE YEAR. THERE IS A FORMAL REVIEW PROGRAM EVERY SIX MONTHS WITH THE CEO AND EACH OFFICER TO REVIEW THEIR PERFORMANCE AGAINST THEIR GOALS. COMPENSATION FOR OFFICERS IS BASED ON THEIR ACHIEVEMENT OR LACK OF ACHIEVEMENT OF THEIR ANNUAL PERFORMANCE GOALS AND THE OVERALL PERFORMANCE OF THE CHAMBER. A FORMAL HUMAN RESOURCES EVALUATION GRID WITH A RANGE OF COMPENSATION PERCENT INCREASES IS IN PLACE TO RANK OFFICER AND STAFF PERFORMANCE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Software ID: | |
| Software Version: |