| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE SOLE VOTING MEMBER OF CHI IS RISK MANAGEMENT FOUNDATION (RMF), A RELATED TAX-EXEMPT ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | AS THE ORGANIZATION'S SOLE VOTING MEMBER, RMF HAS THE RIGHT TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY AS THE THREE-YEAR TERMS OF INCUMBENTS EXPIRE AND AS VACANCIES ARISE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED IN DETAIL BY MANAGEMENT. SUBSEQUENT TO THIS REVIEW, THE COMPLETED FORM 990 IS PRESENTED TO THE ORGANIZATION'S BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY OF CHI COVERS ALL BOARD MEMBERS AND STAFF. BOARD MEMBERS AND STAFF ARE REQUIRED TO DISCLOSE POTENTIAL AND ACTUAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. POTENTIAL AND ACTUAL CONFLICTS OF INTEREST ARE REVIEWED AT THE BOARD LEVEL. IF THE BOARD DETERMINES THAT AN ACTUAL CONFLICT OF INTEREST EXISTS AT THE BOARD LEVEL, THE BOARD MEMBER WITH THE CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS REGARDING THE MATTERS WITH RESPECT TO WHICH A CONFLICT HAS BEEN DETERMINED TO EXIST. |
| FORM 990, PART VI, SECTION B, LINE 15 | LINE 15A - THE SECRETARY IS COMPENSATED BY A RELATED ORGANIZATION, RISK MANAGEMENT FOUNDATION (RMF), FOR SERVICES TO THE FILING ORGANIZATION. RMF'S BOARD OF DIRECTORS CONDUCTS AN ANNUAL REVIEW OF THE PERFORMANCE AND COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR. THIS REVIEW IS SCHEDULED EACH OCTOBER/NOVEMBER AND IS DOCUMENTED IN THE BOARD MINUTES AND COMMITTEES. THE CHAIRMAN OF THE BOARD REVIEWS PERFORMANCE WITH DIRECTORS AND SOLICITS INPUT AND FEEDBACK ON GOALS, OBJECTIVES AND COMPENSATION. FROM TIME TO TIME, THE BOARD USES COMPENSATION SURVEYS FROM COMPARABLE INDUSTRY POSITIONS TO ENSURE ADEQUATE AND APPROPRIATE COMPENSATION. THE FINAL COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD. REVIEW IS NORMALLY COMPLETED ON AN ANNUAL BASIS. LINE 15B - THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER OFFICERS OR KEY EMPLOYEES. THEREFORE, THIS QUESTION IS NOT APPLICABLE AND HAS INTENTIONALLY BEEN MARKED "NO". |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. |
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