| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE FOLLOWING POSITIONS: CHAIRPERSON, VICE CHAIRPERSON, SECRETARY AND TREASURER. THE CHAIRPERSON SHALL SERVE AS THE CHAIRPERSON OF THE EXECUTIVE COMMITTEE. THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE ELECTED BY AND FROM THE BOARD OF DIRECTORS AT ITS FIRST MEETING HELD EACH YEAR AFTER THE ANNUAL MEETING OF THE GENERAL ASSEMBLY. A MEMBER ORGANIZATION IS NOT PERMITTED TO HOLD MORE THAN TWO (2) SEATS ON THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS REGULAR MEMBERS AND ASSOCIATE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE DIRECT MEMBERS DETERMINE THE BOARD OF DIRECTORS. THE FOUR LARGEST MEMBERS APPOINT THEIR BOARD REPRESENTATIVES. THE REMAINING SEATS ARE CHOSEN BY ELECTIONS OF THE MEMBER'S DELEGATES. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BYLAWS ARE DETERMINED BY THE MEMBERS AND CARRIED OUT BY THE BOARD OF DIRECTORS. DECISIONS ARE MADE DIRECTLY BY THE BOARD MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | ALL BOARD MEMBERS ARE PROVIDED A FULL COPY OF THE 990 FOR REVIEW PRIOR TO SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EMPLOYEES - WE HAVE A WRITTEN CONFLICT OF INTEREST POLICY AS PART OF OUR EMPLOYEE POLICIES, WHICH ARE POSTED ON THE EMPLOYEE SHAREPOINT SITE. ALL EMPLOYEES ARE INFORMED OF THE POLICIES AND ARE REQUIRED TO STATE IN WRITING THAT THEY HAVE READ AND UNDERSTAND THE POLICIES. BOARD - ALL BOARD MEMBERS SIGN A CONFLICT OF INTEREST FORM ANNUALLY. BOARD MEMBERS WITH CONFLICT MUST NOTIFY WOCCU'S PRESIDENT & CEO IMMEDIATELY AND RECUSE THEMSELVES FROM ANY RELATED DECISION MAKING PROCESS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO'S PERFORMANCE, SALARY AND BENEFITS ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTOR'S EXECUTIVE COMMITTEE. AS PART OF THE PROCESS, MARKET SURVEYS ARE PERFORMED BY AN OUTSIDE CONSULTANT TO VERIFY THAT SALARY AND BENEFITS ARE WITHIN MARKET RANGES. ALL OTHER EMPLOYEES, INCLUDING THE OFFICERS/KEY EMPLOYEES MENTIONED ABOVE, ARE REVIEWED ANNUALLY VIA AN EMPLOYEE PERFORMANCE EVALULATION PROCESS. SALARIES ARE BASED ON PERIODIC MARKET SURVEYS PREPARED INTERNALLY EVERY TWO TO THREE YEARS. ANNUAL ADJUSTMENTS ARE BASED ON THE MARKET SURVEYS, INDIVIDUAL PERFORMANCE AND THE PREVAILING INFLATION (CPI) RATE. EMPLOYEES' ANNUAL SALARY ADJUSTMENTS ARE SET BY THEIR RESPECTIVE SUPERVISORS, IN CONSULATION WITH THE CEO AND HUMAN RESOURCES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ANNUAL REPORT, WHICH INCLUDES A SUMMARY OF THE FINANCIALS, IS POSTED ON THE WEBSITE. IN ADDITION, CONTACT INFORMATION IS PROVIDED IN THE ANNUAL REPORT FOR ANYONE WHO WANTS TO REQUEST A COPY OF THE FULL AUDITED FINANCIALS. |
| FORM 990, PART IX, LINE 11G | TEMPORARY SERVICES 217,311. CONSULTANT FEES 1,407,063. OTHER PROFESSIONAL FEES 346,363. |
| FORM 990, PART XI, LINE 9: | EQUITY IN NET EARNINGS OF SUBSIDIARY 6,332. |
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