| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | ORGANIZED WITH MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 7A | LINE 7A EXPLANATION - VBSR MEMBERS NOMINATE AND ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | LINE 11B EXPLANATION - THE EXECUTIVE DIRECTOR WILL REVIEW 990 BEFORE FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE VBSR BYLAWS CONTAIN A CONFLICT OF INTEREST SECTION THAT OUTLINES DIRECTORS FIDUCIARY OBLIGATION TO ACT IN THE BEST INTEREST OF THE CORPORATION AND TO NOT USE DIRECTOR POSITIONS FOR DIRECT OR INDIRECT PROFIT OR GAIN. VBSR HAS ESTABLISHED A CONFLICT OF INTEREST POLICY AND DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICTS OR POTENTIAL CONFLICTS TO THE BOARD AND TO ABSTAIN ON SUCH MATTERS. ANNUALLY, THE BOARD IS EDUCATED ABOUT THE BYLAWS AND THE POLICY AND ARE REQUIRED TO SUBMIT CONFLICT OF INTEREST FORMS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | ALL FULL-TIME STAFF REPORT TO THE EXECUTIVE COMMITTEE REGARDING EXECUTIVE DIRECTOR PERFORMANCE AT THE END OF THE CALENDAR YEAR. THE EXECUTIVE COMMITTEE COLLECTS THE PERFORMANCE REVIEW FROM THE BOARD. THE FINANCE COMMITTEE RECOMMENDS A COST-OF-LIVING INCREASE FOR THE EXECUTIVE DIRECTOR AS PART OF THE BUDGET PROCESS. THE EXECUTIVE COMMITTEE THEN DETERMINES THE COMPENSATION INCREASE AND UPDATES THE SALARY RETROACTIVELY TO THE BEGINNING OF THE YEAR. |
| FORM 990, PAGE 6, PART VI, LINE 19 | SUCH INFORMATION IS AVAILABLE UPON REQUEST TO THE VBSR OFFICE. |
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