| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATION INITIALLY SHALL HAVE TWO CLASSES OF PARTICIPANTS, CLASSES A AND B. THE CORPORATION MAY HAVE SUCH OTHER CLASSES OF PARTICIPANTS AS MAY BE DETERMINED BY A TWO-THIRDS VOTE OF THE ENTIRE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH INITIAL CLASS A PARTICIPANT SHALL HAVE THE RIGHT TO NOMINATE ONE INDIVIDUAL FOR APPOINTMENT TO THE INITIAL BOARD OF DIRECTORS, PROVIDED THAT ANY INITIAL APPOINTMENT SHALL BE VOID AND OF NO EFFECT OF THE NOMINATING CLASS A PARTICIPANT FAILS TO PAY DUES IN THE AMOUNT SET BY THE INITIAL BOARD OF DIRECTORS IN ACCORDANCE WITH ARTICLE II, SECTION 2 (D). THE INITIAL BOARD OF DIRECTORS CAN BE INCREASED UNTIL AND SHALL SERVE UNTIL THE FIRST ANNUAL MEETING OF THE CORPORATION AND THE EARLIEST OF THE ELECTION OR APPOINTMENT AND QUALIFICATION OF EACH INITIAL BOARD MEMBER'S SUCCESSOR OR UNTIL SUCH INITIAL BOARD MEMBER'S DEATH, RESIGNATION, OR REMOVAL. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE PRESIDENT AND CEO, AND THE CHIEF FINANCE OFFICER, AND THEN IS PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR APPROVAL BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REQUIRES ITS BOARD MEMBERS TO SIGN THE CONFLICT OF INTEREST POLICY. IN ADDITION, EMPLOYEES ARE REQUIRED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY FOUND IN THE EMPLOYEE HANDBOOK. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE CEO'S COMPENSATION WAS THOROUGHLY REVIEWED WITH A SPECIALIZED OUTSIDE FIRM AND CONSIDERED BY THE RECRUITMENT COMMITTEE ON THE OCCASION OF THE NEW CEO FORMAL HIRE IN LATE 2023. THE 4 CEOS OF THE COMPANIES REPRESENTED ON THE COMMITTEE APPROVED SUCH COMPENSATION TOO. THE NEW CEO IS NOW HIRED AS AN EMPLOYEE TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15B: THE ORGANIZATION DOES NOT HAVE A PROCESS FOR DETERMINING THE COMPENSATION OF ITS OFFICERS OR KEY EMPLOYEES OTHER THAN THE CEO. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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