| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE FINAL FORM 990 WAS PROVIDED TO THE BOARD MEMBERS. PRIOR TO THAT, A DRAFT OF THE RETURN WAS REVIEWED BY THE TREASURER. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY IS PROVIDED TO ALL BOARD MEMBERS,AND PRINCIPAL OFFICERS. THEY ARE ASKED TO SIGN A STATEMENT AFFIRMING THAT THEY HAVE RECEIVED A COPY OF THE POLICY, HAVE READ AND UNDERSTAND THE POLICY, AND AGREE TO COMPLY WITH THE POLICY. THE BOARD IS ALSO SURVEYED FOR ANY ISSUES. IN THE EVENT OF A POTENTIAL CONFLICT DURING THE YEAR, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND VOTE ON THE MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. THE BOARD HAS PREVIOUSLY ENGAGED THE SERVICES OF AN INDEPENDENT CONSULTANT WHO CONDUCTED AN ANALYSIS TO ENSURE COMPENSATION IN REASONABLE. ALL DECISIONS ARE DOCUMENTED. EMPLOYEE COMPENSATION IS DETERMINED BY THE MAIN STREET DISTRICT/CITY CENTER PARTNERSHIP EXECUTIVE COMMITTEE BASED ON SIMILAR POSITIONS AS VALIDATED BY SURVEY INFORMATION FROM THE INTERNATIONAL DOWNTOWN ASSOCIATION AND OTHER SOURCES (REGIONAL SURVEY FOR THE CEO). |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND ANNUAL FINANCIAL STATEMENTS UPON WRITTEN REQUEST. |
| FORM 990, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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