| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section A, Line 6 | Public and private school principals and assistant principals of middle level and high schools. |
| Form 990, Part VI, Section A, Line 7b | THERE SHALL BE AN ANNUAL BUSINESS MEETING OF THE MEMBERS DURING THE ASSOCIATION'S ANNUAL CONFERENCE OR UPON SUCH DATE, TIME, AND PLACE AS THE BOARD SHALL DETERMINE. WRITTEN NOTICE OF THE ANNUAL BUINESS MEETING SHALL BE GIVEN AT LEAST 60 DAYS PRIOR TO THE MEETING. DURING THE ANNUAL BUSINESS MEETING, VOTING MEMBERS SHALL HAVE THE RIGHT TO VOTE ON RESOLUTIONS AND THOSE EXTRAORDINARY ACTIONS REQUIRING MEMBER APPROVAL. VOTING ON ALL OTHER MATTERS IS EXPRESSLY RESERVED FOR THE BOARD OF DIRECTORS. |
| Form 990, Part VI, Section B, Line 11b | THE FORM 990 AND ALL INFORMATION ON SCHEDULE B AND ALL REQUIRED SCHEDULES ARE PROVIDED TO THE MEMBERS OF THE FINANCE COMMITTEE AND EXECUTIVE COMMITTEE FOR A FIRST REVIEW. UPON REVIEW AND APPROVAL OF THE FINANCE COMMITTEE AND/OR EXECUTIVE COMMITTE THE FORM 990, ALL INFORMATION ON SCHEDULE B, AND ALL REQUIRED SCHEDULES ARE PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS. |
| Form 990, Part VI, Section B, Line 12c | THE CONFLICT OF INTEREST POLICY IS DESIGNED TO HELP DIRECTORS, OFFICERS, AND EMPLOYEES OF THE VIRGINIA ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS (VASSP) IDENTIFY SITUATIONS THAT PRESENT POTENTIAL CONFLICTS OF INTEREST AND TO PROVIDE VASSP WITH A PROCEDURE THAT, IF OBSERVED, WILL ALLOW A TRANSACTION TO BE TREATED AS VALID AND BINDING EVEN THOUGH A DIRECTOR, OFFICER, OR EMPLOYEE HAS OR MAY HAVE CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION. IN THE EVENT THERE IS AN INCONSISTENCY BETWEEN THE REQUIREMENTS AND PROCEDURES PRESCRIBED HEREIN AND THOSE IN FEDERAL OR STATE LAW, THE LAW SHALL CONTROL. EACH RESPONSIBLE PERSON SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NOTFORPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO VASSP. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE PRESIDENT, THE CHIEF EXECUTIVE OFFICER, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS BY SECRET BALLOT. SUCH PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. |
| Form 990, Part VI, Section B, Line 15a | THE BOARD OF DIRECTORS (TYPICALLY THROUGH ITS EXECUTIVE COMMITTEE) CONDUCT AN ANNUAL WRITTEN AND ORAL EVALUATION OF THE CHIEF EXECUTIVE OFFICER. SUCH EVALUATION WILL BE BASED ON THE EXTENT TO WHICH THE CHIEF EXECUTIVE DIRECTOR HAS ADDRESSED THE BOARD'S STATED GOALS AND OBJECTIVES AND THE MISSION AND VISION OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE CONDUCTS A COMPENSATION COMPARABILITY ANALYSIS FOR THE CEO POSITION PRIOR TO EXECUTING AN INITIAL OR RENEWAL CONTRACT. THIS ANALYSIS INCLUDES CEO SALARY COMPARSIONS OF SIMILAR 501(C)(6) ORGANIZATIONS AND THE ANNUAL STATE PRINCPALS ASSOCIATION SURVEY CONDUCTED IN THE 50 NATIONAL ASSOCIATION OF SECONDARY SCHOOL PRINCPALS (NASSP) AFFILIATED STATE ASSOCIATION NETWORK. |
| Form 990, Part VI, Section C, Line 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S TAX FILINGS ARE AVAILABLE ON GUIDESTAR AND OTHER SIMILAR WEBSITES. |
| Software ID: | 24020490 |
| Software Version: | 2024v5.2 |