| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | INDIVIDUALS AND ORGANIZATIONS HAVING INTEREST IN THE ESTABLISHMENT, OPERATIONS, MAINTENANCE AND CONTROL OF PUBLIC PARKING OR TRANSPORTATION FACILITIES OR SERVICES ARE ELIGIBLE FOR MEMBERSHIP IN THE INSTITUTE. |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL MEMBERS REPRESENTING CATEGORIES A TO I IN GOOD STANDING REPRESENTING THEMSELVES OR THEIR ORGANIZATIONS SHALL HAVE ONE VOTE, TO BE USED ON ANY MATTER SUBMITTED BY THE BOARD OF DIRECTORS FOR DECISION BY THE GENERAL MEMBERSHIP. ORGANIZATIONS IN A MEMBERSHIP CATEGORY WITH MORE THAN ONE MEMBER SHALL DESIGNATE ONE REPRESENTATIVE TO SERVE AS THE VOTING MEMBER. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CEO IN CONSULTATION WITH THE BOARD MEMBERS, REVIEW, MAKE CHANGES AND APPROVE THE FORM 990 BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY IN PLACE. THE ORGANIZATION CONSISTENTLY MONITORS AND ENFORCES THIS POLICY THROUGH BOARD MEETINGS AND DAILY OBSERVATIONS BY ITS MANAGEMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE ESTABLISHES COMPENSATION FOR THE CEO INITIALLY AND IT IS REVIEWED BI-ANNUALLY BY THE BOARD OF DIRECTORS. THE CEO BASES STAFF'S COMPENSATION ON THEIR PERFORMANCE AND UTILIZES THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE) COMPENSATION SURVEY OF 501(C)(6) TRADE ASSOCIATIONS, AND COMPARABLE JOB TITLE/RESPONSIBILITIES FROM THE DMV AREA AS WELL AS ON A NATIONAL COMPARISON OF LIKE-SIZED ORGANIZATIONS. THE BOARD OF DIRECTORS APPROVES IPMI'S BUDGET, WHICH INCLUDES STAFF SALARIES AND BENEFITS. THIS PROCESS IS CONDUCTED IN SEPTEMBER PRIOR TO THE NEW FISCAL YEAR, ANNUALLY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE LOCATED AT THE ORGANIZATION'S OFFICE AND ARE MADE 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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