| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE BYLAWS WERE AMENDED TO ALLOW THE EXECUTIVE COMMITTEE TO DECIDE MATTERS BASED ON A VOTE OF 70 PERCENT OF THE PRESENT COMMITTEE MEMBERS, AS OPPOSED TO OPERATING ON A CONSENSUS BASIS. |
| FORM 990, PART VI, SECTION A, LINE 6 | AUTO INNOVATORS HAS GOVERNING MEMBERS, NON-GOVERNING OEM MEMBERS, AND VALUE CHAIN MEMBERS. THOSE WHO ARE GOVERNING MEMBERS MAY VOTE ON AUTO INNOVATORS MATTERS. NON-GOVERNING OEM MEMBERS MAY ATTEND BOARD MEETINGS AND PARTICIPATE IN DISCUSSIONS BUT MAY NOT VOTE. |
| FORM 990, PART VI, SECTION A, LINE 7A | THERE ARE FIFTEEN GOVERNING MEMBER COMPANIES ON THE BOARD OF DIRECTORS. EACH GOVERNING MEMBER COMPANY CAN NOMINATE UP TO THREE MEMBERS TO THE BOARD OF DIRECTORS. THESE GOVERNING MEMBERS HAVE VOTING RIGHTS AND PARTICIPATE IN AUTO INNOVATORS GOVERNANCE. EACH GOVERNING MEMBER COMPANY IS ENTITLED TO ONE VOTE. ADDITIONALLY, THERE ARE SEVEN NON-GOVERNING OEM MEMBERS AND TWENTY-TWO VALUE CHAIN MEMBERS WHO DO NOT HAVE VOTING RIGHTS. |
| FORM 990, PART VI, SECTION A, LINE 7B | EACH OF THE FIFTEEN GOVERNING MEMBER COMPANIES CAN NOMINATE UP TO THREE MEMBERS TO THE BOARD OF DIRECTORS. MEMBERS OF THE BOARD ALSO PARTICIPATE IN THE EXECUTIVE COMMITTEE MEETINGS. EACH COMPANY, REGARDLESS OF THE NUMBER OF BOARD MEMBERS PRESENT, HAS ONE VOTE ON EACH ISSUE FOR A TOTAL, IF ALL MEMBERS ARE REPRESENTED, OF FIFTEEN VOTES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FEDERAL FORM 990 PREPARED BY AN INDEPENDENT TAX FIRM IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND APPROVED BY THE STEERING COMMITTEE OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST DECLARATION IS DISCUSSED IN ONE BOARD MEETING ANNUALLY. IN ADDITION, EACH MEMBER OF THE BOARD REAFFIRMS THE CONFLICT OF INTEREST DECLARATION ANNUALLY. THE PROCESS IS RECORDED IN THE MINUTES OF THE BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPARABILITY DATA FROM A NUMBER OF LIKE INDUSTRY SURVEYS IS MAINTAINED AND REVIEWED ON AN AS-NEEDED BASIS. THE EXECUTIVE COMMITTEE OF THE BOARD SET THE MULTI-YEAR CONTRACTUAL COMPENSATION FOR THE PRESIDENT AND CEO BASED ON EXTERNAL DATA COLLECTED. ANNUAL PERFORMANCE WEIGHS HEAVILY IN THE DETERMINATION OF THE VARIABLE COMPENSATION PAYMENT OF THE PRESIDENT AND CEO OCCURRING EACH WINTER. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CERTAIN POLICIES AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST BASED ON THE DISCRETION OF MANAGEMENT. |
| FORM 990, PART IX, LINE 11G | RESEARCH/DATA ACQUISITION 2,204,516. TECHNICAL CONSULTANTS 1,220,360. GENERAL CONSULTANTS 2,919,838. PUBLIC AFFAIRS CONSULTANTS 410,604. AMICUS BRIEFS 117,283. STATE BILL TRACKING 85,388. PAYROLL PROCESSING 20,874. ETHICS REPORTING & COMPLIANCE 15,440. RECRUITING 16,257. TRADEMARK FEE 1,961. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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