| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | YES THE ORGANIZATION HAS MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE MEMBERS HAVE THE AUTHORITY TO ELECT THE ADVISORY COUNCIL AND BOARD OF DIRECTORS AT THE ANNUAL MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 11B | A COPY OF THE PROPOSED FORM 990 IS DISTRIBUTED TO THE PRESIDENT/CEO, TREASURER AND ACCOUNTANT FOR REVIEW & COMMENTS. AFTER REVIEW THE RETURN IS MADE AVAILABLE TO ALL BOARD OF DIRECTORS VIA EMAIL FOR THEIR REVIEW & COMMENTS. IF ANY SUGGESTIONS OR CORRECTIONS ARE WARRANTED, THEY WOULD BE REMITTED TO THE PREPARER FOR REVIEW AND INCLUSION IN THE FORM PRIOR TO THE PRESIDENT/CEO'S SIGNATURE. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ALL STAFF AND MEMBERS OF THE BOARD OF DIRECTORS ARE ASKED TO SIGN A NEW CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. THESE STATEMENTS ARE REVIEWED BY THE PRESIDENT/CEO & OFFICE MANAGER TO DETERMINE IF ANY POTENTIAL CONFLICT EXISTS AND HOW IT SHOULD BE DISCLOSED AND/OR ADDRESSED. THE ANNUAL UPDATE OCCURS WHEN THE NEW BOARD IS SEATED IN JANUARY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE COMPENSATION PACKAGE FOR THE PRESIDENT/CEO IS AS FOLLOWS: - THE BASE SALARY IS A FIXED ANNUAL AMOUNT WITH NO BONUS PLAN AS PER AN AGREEMENT IN JANUARY, 2024. - BASE SALARY IS A FIXED AMOUNT PAID ANNUALLY WITH NO CHANGE. - ANNUAL PERFORMANCE REVIEWED BY THE KCCVB BOARD OF DIRECTORS INCLUDING ANALYSIS OF PERFORMANCE AGAINST AGREED GOALS AS WELL AS COMPENSATION STUDY RESULTS DECIDES ANNUAL BASE SALARY INCREASE. - AN ANNUAL PAYOUT IS DETERMINED BASED ON AGREED UPON ACHIEVEMENT OF OBJECTIVES BETWEEN THE PRESIDENT/CEO AND THE BOARD OF DIRECTORS. - REVIEW OF SALARY AND BENEFIT COMPENSATION PACKAGES FOR OTHER LIKE-SIZE ORGANIZATIONS IN LIKE-SIZE COMMUNITIES |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS REQUISITE GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | BOOK / TAX DEPRECIATION DIFFERENCE 1 |
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