| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS TWO LEVELS OF MEMBERSHIP. FIRST IS ACTIVE MEMBERSHIP WHICH CONSISTS OF ALL TEACHING FACULTY, LIBRARIAN FACULTY, NON-TENURE TRACK TEACHING PROFESSIONALS, PROFESSIONAL STAFF, FULL-TIME, ONE-HALF TIME OR GREATER, AND ADJUNCT FACULTY, WHO ARE NON-MANAGERIAL PERSONNEL. SECONDLY IS ASSOCIATE MEMEBRSHIP WHICH CONSISTS OF THE MEMBER RECEIVING THE BENEFITS OF MEMBERSHIP WITHOUT THE RIGHT TO VOTE OR HOLD OFFICE. |
| FORM 990, PART VI, SECTION A, LINE 7A | ONLY DUES PAYING MEMBERS HAVE THE ABILITY TO ELECT EXECUTIVE BOARD MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7B | ONLY DUES PAYING MEMBERS VOTE ON APPROVING CHANGES IN THE ORGANIZATION'S BYLAWS AND APPROVING OTHER SIGNIFICANT DECISIONS OF THE GOVERNING BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION RECEIVES A ELECTRONIC COPY OF THE 990. THE PRESIDENT AND TREASURER REVIEW THE 990 BEFORE IT IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 15B | THE ORGANIZATION'S MEMBERSHIP REVIEWS THE HISTORY OF THE SALARIES FOR THE PRESIDENT AND OTHER BOARD MEMBERS EACH SPRING. THE MEMBERSHIP ESTABLISHES THE COMPENSATION FOR THE PRESIDENT AND THE OTHER BOARD MEMBERS. COMPENSATION IS BASED ON PERFORMANCE, SIMILAR POSITIONS, AND ECONOMIC FACTORS. DISCUSSION IS HELD AND THE MEMBERSHIP APPROVES THE OVERALL BUDGET WHICH INCLUDES THE COMPENSATION OF THE PRESIDENT AND THE OTHER BOARDMEMBERS. THE ORGANIZATION'S MEMBERSHIP REVIEWS THE HISTORY OF THE SALARIES FOR THE KEY EMPLOYEES EACH SPRING. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE LOCAL MAKES ITS FORM 990 AND THE REVIEWED FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IT IS POSTED ON THE IRS WEBSITE, GUIDESTAR.ORG, AND OTHER SIMILIAR TYPES OF WEBSITES. IN ADDITION, INTERESTED PARTIES CAN ALSO CONTACT THE PRESIDENT AT THE ORGANIZATION'S ADDRESS OR BY CALLING THE ORGANIZATION DIRECTLY. |
| FORM 990, PART XII, LINE 1 | THE MODIFIED CASH BASIS IS A METHOD THAT COMBINES ELEMENTS OF THE TWO MAJOR BOOKKEEPING PRACTICES, CASH AND ACCRUAL ACCOUNTING, RECORDING SALES AND EXPENSES FOR LONG-TERM ASSETS ON AN ACCRUAL BASIS AND THOSE OF SHORT-TERM ASSETS ON A CASH BASIS. |
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