| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4D | OTHER PROGRAMS FOR THE BENEFIT OF MEMBERS. CTA AND SCHOLARSHIP PROGRAM EXPENSES. |
| FORM 990, PAGE 6, PART VI, LINE 4 | DURING THE FISCAL YEAR, THE ORGANIZATION AMENDED THE BYLAWS TO: - ADD PROVISIONS THAT LIFE MEMBERS WILL HOLD DESIGNATION UNLESS RE- EMPLOYMENT, APPOINTMENT, OR ELECTION DESCRIBED IN SECTION 4.1 OF THESE BYLAWS. THIS WILL CAUSE A REACTIVATION OF ACTIVE MEMBERSHIP ONLY DURING THE TERM OF RENEWED EMPLOYMENT, APPOINTMENT, OR ELECTION. - ADD PROVISIONS THAT EACH TIME A CHAPTER AMENDS ITS BYLAWS, A COPY OF THE SAID BYLAWS MUST BE PRESENTED AND APPROVED BY THE BOARD OF DIRECTORS. - ADD SECTION 5.7 TO ARTICLE V, WHICH STATES THAT THE CORPORATION, TAAO INC. WILL NOT BE LIABLE BECAUSE OF ANY CHAPTERS ACTIONS, AS A CHAPTER IS CONSIDERED A SEPARATE LEGAL ENTITY FROM THE PARENT ASSOCIATION. ANY LIABILITIES INCURRED BY THE CHAPTER ARE NOT THE RESPONSIBILITY OF THE OVERALL PARENT ASSOCIATION AND AN INDIVIDUAL CHAPTER MAY NOT BIND OR CONTRACT ON BEHALF OF THE CORPORATION. PER SECTION 5.5, EACH CHAPTER SHALL ADOPT, THEN PRESENT, THEIR OWN GOVERNING BYLAWS WITHIN THE PARAMETERS OF ARTICLE V. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE ASSOCIATION IS MADE UP OF MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE MEMBERS ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 WAS REVIEWED BY THE EXECUTIVE DIRECTOR AND AUDIT COMMITTEE WITH THE PREPARING CPA. AFTER ANY ADJUSTMENTS WERE MADE, AN UPDATED COPY OF THE TAX RETURN IS SENT TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | BOARD MEMBERS ARE REQUIRED TO NOTIFY THE PRESIDENT OF THE BOARD REGARDING ANY POTENTIAL CONFLICTS OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE EXECUTIVE COMMITTEE SERVES AS A COMPENSATION COMMITTEE THAT REVIEWS THE EXECUTIVE DIRECTOR'S COMPENSATION AND MAKES RECOMMENDATIONS AS PART OF THE ANNUAL BUDGET. |
| FORM 990, PAGE 6, PART VI, LINE 19 | MADE AVAILABLE UPON REQUEST. |
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