| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD OF DIRECTORS AND A KEY EMPLOYEE ARE PROVIDED WITH COPIES OF THE FINANCIAL STATEMENTS AND CORRESPONDING FORM 990 AND 990-T TO REVIEW BEFORE SIGNING AND MAILING. THE CHAIRPERSON OF THE FINANCE COMMITTEE AND KEY EMPLOYEE ALSO MEETS WITH THE CPA TO REVIEW THE STATEMENTS AND TAX RETURNS PRIOR TO THE RELEASE OF THEM. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION ASKS THAT EACH EMPLOYEE/BOARD MEMBER SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. THE FORM IS KEPT ON FILE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE DIRECTOR'S SALARY IS APPROVED BY THE BOARD OF DIRECTORS AND IS REVIEWED ANNUALLY BASED ON HER PERFORMANCE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE BOARD OF REALTORS MAKES ALL INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST. THE INFORMATION IS AVAILABLE IN THE BOARD'S OFFICE. |
| FORM 990, PART IX, LINE 24E | UTILITIES 14,085. BANK FEES 13,890. LEGAL FUNDING FEES 10,000. DUES & SUBSCRIPTIONS 8,238. RAPATTONI 4,486. PROPERTY TAXES 4,293. BOARD STORE 3,380. REALTOR RELIEF DONATION 3,000. PLAQUES AND AWARDS 2,745. FLOWERS AND GIFTS 356. NCRMLS 320. NCRMLS-MLS EXPENSE 320. |
| FORM 990, PART XII, LINE 2C: | THE BYLAWS REQUIRE THAT THE BOARD OF REALTORS GET AN REVIEW EVERY YEAR. THEREFORE, AN REVIEW WAS PERFORMED. |
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