| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | MANAGEMENT WORKS WITH THE AUDITORS TO PREPARE A DRAFT OF THE AUDITED FINANCIAL STATEMENTS AND THE 990. THE DRAFT RETURN IS SUBMITTED TO THE TREASURER, WHO WORK WITH THE INDEPENDENT AUDITORS AND TAX PREPARERS REVIEWS THE DOCUMENT. ANY ADDITIONS AND CORRECTIONS ARE MADE, AND A REVISED DRAFT IS DISTRIBUTED IN WHOLE, VIA MAIL OR DIGITAL (AS REQUESTED) TO EACH BOARD MEMBER FOR COMMENTS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE GOVERNING BODY DELEGATES THE AUDIT COMMITTEE TO MONITOR AND ENFORCE THE COMPLIANCE OF THE CONFLICT-OF-INTEREST POLICY. EACH BOARD MEMBER AND OFFICER RECEIVE A COPY OF THE CONFLICT-OF-INTEREST POLICY. THEY ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT AND DESCRIBE ANY RELATIONSHIP, TRANSACTIONS OR CIRCUMSTANCE THAT COULD RESULT IN A CONFLICT BETWEEN THE ORGANIZATION'S INTEREST AND HIS OR HER PERSONAL OR FINANCIAL INTERESTS. ANY CITED CONFLICT IS DISCLOSED AT THE BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION RETAINED AN INDEPENDENT EXPERT TO PREPARE A FORMAL SALARY STUDY AND RECOMMENDATION OF THE REASONABLENESS OF COMPENSATION. BASED ON THE RESULTS OF STUDY AND SALARIES INFORMATION OF OTHER COMPARABLE EXEMPT ORGANIZATIONS, THE BUDGET COMMITTEE PRESENTED THE OFFICERS' COMPENSATION WITHIN THE ANNUAL BUDGET TO THE MEMBERSHIP AT THE ANNUAL MEETING IN AUGUST FOR APPROVAL. AFTER DISCUSSION AND CONSENSUS REACHES, THE MEMBERSHIP CONCURS WITH THE RECOMMENDATION. THE LAST SALARY STUDY WAS CONDUCTED IN 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | COPIES ARE AVAILABLE UPON REQUEST. |
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