| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | ALL STAFF ARE EMPLOYEES OF THE MISSOURI JOINT MUNICIPAL ELECTRIC UTILITY COMMISSION. THE ORGANIZATION PAYS A MANAGEMENT FEE FOR USE OF THESE EMPLOYEES, AS WELL AS OFFICE SPACE, UTILITIES, AND MISCELLANEOUS OFFICE EXPENSES. |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERS CONSIST OF MISSOURI MUNICIPALITIES. A REPRESENTATIVE FROM EACH MUNICIPALITY SERVES ON THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS ELECT THE EXECUTIVE COMMITTEE OF THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7B | ALL DECISIONS ARE SUBJECT TO MEMBER APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CFO REVIEWS THE FORM 990 BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY APPLIES TO ALL STAFF AND BOARD MEMBERS. IT IS ADDRESSED ANNUALLY DURING BOARD NOMINATION TIME. THE EXECUTIVE BOARD DETERMINES, WITH ADVICE FROM LEGAL COUNSEL, IF A SITUATION RAISES TO THE LEVEL OF A CONFLICT OF INTEREST. IF THERE IS A CONFLICT OF INTEREST, THE ISSUE IS ADDRESSED AT THE FULL BOARD. INDIVIDUALS WITH THE CONFLICT OF INTEREST ARE PROHIBITED FROM PARTICIPATING IN BOARD DISCUSSION AND VOTING ON THE TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED DURING THE ANNUAL BUDGETING PROCESS THAT TAKES PLACE EVERY AUGUST. THE BUDGETING PROCESS BEGINS AT THE BUDGET AND FINANCE COMMITTEE. THEY USE COMPARABILITY DATA FROM AN ANNUAL COMPENSATION SURVEY AND INPUT FROM A COMPENSATION CONSULTANT. THE ULTIMATE APPROVAL OF THE COMPENSATION IS DONE BY THE FULL BOARD. THE SAME PROCESS USED TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION IS USED FOR ALL OFFICERS AND KEY EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAVE NOT CHANGED FROM PRIOR YEARS. |
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