| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THERE SHALL BE TWO MEMBERSHIP CLASSIFICATIONS: REGULAR MEMBERS: ANY ORGANIZATION OR COMPANY ORGANIZED UNDER THE LAWS OF THE UNITED STATES OF AMERICA OR ANY STATE THEREOF, WHICH FILES TAX RETURNS WITH THE UNITED STATES DEPARTMENT OF THE TREASURY, AND WHICH IS ENGAGED IN THE PRODUCTION, IMPORTATION, COLLECTION, PROCESSING, DISTRIBUTION OR MARKETING OF LIVESTOCK SEMEN IN THE UNITED STATES OF AMERICA, OR IN THE EXPORTATION OF LIVESTOCK SEMEN FROM THE UNITED STATES OF AMERICA, MAY APPLY TO BE A VOTING REGULAR MEMBER, AND MUST PROVIDE WITH THE APPLICATION AND THEREAFTER AS FREQUENTLY AS REQUIRED BY THE BOARD OF DIRECTORS PROOF OF SATISFACTORY COMPLETION OF A CERTIFIED SEMEN SERVICES ("CSS") AUDIT FOR ALL LIVESTOCK SEMEN TO BE PRODUCED, COLLECTED, PROCESSED, IMPORTED, OR MARKETED IN, OR EXPORTED FROM, THE UNITED STATES OF AMERICA. ASSOCIATE MEMBERS: ANY INDIVIDUAL, ORGANIZATION, OR COMPANY DOING BUSINESS ANYWHERE IN THE WORLD IN ANY WAY RELATED TO THE ARTIFICIAL INSEMINATION OF LIVESTOCK MAY APPLY TO BE A NON-VOTING ASSOCIATE MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERSHIP. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BYLAWS MAY BE AMENDED BY A MAJORITY VOTE OF THE VOTING DELEGATES PRESENT AT THE ANNUAL MEETING, OR AT A SPECIAL MEETING CALLED FOR THAT PURPOSE; PROVIDED, THAT NOTICE OF THE NATURE OF THE PROPOSED AMENDMENT OR AMENDMENTS IS INCLUDED IN THE CALL AND NOTICE OF MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS REVIEWED BY MANAGEMENT BEFORE IT IS SUBMITTED TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | NAAB HAS A CONFLICT OF INTEREST POLICY. IT IS SIGNED BY EACH BOARD MEMBER AS THEY ARE ELECTED TO THE BOARD OF DIRECTORS. DIRECTORS ELECTED FOR A SECOND TERM ARE NOT REQUIRED TO SIGN A NEW POLICY, HOWEVER IF A MEMBER HAS BEEN OFF THE BOARD FOR A TERM AND IS REELECTED, THEY NEED TO SIGN THE CONFLICT OF INTEREST POLICY. ALL SIGNED POLICIES ARE ON FILE. THERE HAS NOT BEEN ANY INSTANCE AT A BOARD MEETING WHERE THIS HAS BEEN AN ISSUE. ANY INDIVIDUAL WITH AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST IS RECUSED FROM DISCUSSION AND VOTING ON THE TOPIC TO WHICH THE CONFLICT RELATES. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS PERFORM AN ANNUAL REVIEW. THE CHAIRMAN AND BOARD MEMBERS DETERMINE THE SALARY AMOUNT. THIS DETERMINATION WAS LAST MADE DURING 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE CONFLICT OF INTEREST IS NOT MADE AVAILABLE TO THE PUBLIC. |
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