TY 2014 Form 990 Schedule O

efile Public Visual Render ObjectId: 201523209349302647 - Submission: 2015-11-16 TIN: 56-2093546

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

THE BASCOM CORPORATION

Employer identification number

56-2093546

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 1	AN EXECUTIVE COMMITTEE SHALL CONSIST OF THE BOARD CHAIR, SECRETARY, TREASURER AND VICE-CHAIR. THE PURPOSE OF THE COMMITTEE IS TO ACT IN EXIGENT SITUATIONS, WHEN IT IS NOT POSSIBLE OR PRACTICAL TO HAVE THE ENTIRE BOARD MEET. THEY ALSO MEET TO DISCUSS RECOMMENDATIONS TO BE MADE TO THE BOARD AT THE NEXT MEETING. COMPLETE MINUTES OF EACH MEETING AND ANY ACTIONS TAKEN SHALL BE RECORDED AND POSTED TO ALL BOARD MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11	THE FINANCE COMMITTEE REVIEWED AND APPROVED THE FORM 990. A COPY OF THE FORM 990 WAS PROVIDED TO EACH VOTING MEMBER FOLLOWING THE REVIEW AND PRIOR TO THE FILING DATE OF THE FORM 990. THE FORM 990 WAS APPROVED AND ACCEPTED BY THE EXECUTIVE DIRECTOR AND BOARD MEMBERS AS PRESENTED.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY, EXPLAINED TO THE BOARD MEMBERS AND OFFICERS, AND DISCUSSED TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. FORMS ARE COMPLETED AND SIGNED BY ALL DIRECTORS, OFFICERS, AND EMPLOYEES ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION PACKAGES ARE DETERMINED BY CONSULTING THE FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION STUDIES, AN INDEPENDENT COMPENSATION CONSULTANT, APPROVAL BY A COMPENSATION COMMITTEE, AND A WRITTEN EMPLOYMENT CONTRACT.
FORM 990, PART VI, SECTION C, LINE 18	THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. ADDITIONALLY, RECENT FILINGS OF THE FORM 990 ARE AVAILABLE FROM GUIDESTAR.ORG.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE 990 IS AVAILABLE THROUGH GUIDESTAR AND UPON REQUEST.
FORM 990, PART IX, LINE 11G	CONTRACT LABOR: PROGRAM SERVICE EXPENSES 245,492. MANAGEMENT AND GENERAL EXPENSES 4,479. FUNDRAISING EXPENSES 1,717. TOTAL EXPENSES 251,688. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,626. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,626.
FORM 990, PART XI, LINE 9:	AUDITOR ADJUSTMENTS -13,976.
PART XII, LINE 2C	THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 1

AN EXECUTIVE COMMITTEE SHALL CONSIST OF THE BOARD CHAIR, SECRETARY, TREASURER AND VICE-CHAIR. THE PURPOSE OF THE COMMITTEE IS TO ACT IN EXIGENT SITUATIONS, WHEN IT IS NOT POSSIBLE OR PRACTICAL TO HAVE THE ENTIRE BOARD MEET. THEY ALSO MEET TO DISCUSS RECOMMENDATIONS TO BE MADE TO THE BOARD AT THE NEXT MEETING. COMPLETE MINUTES OF EACH MEETING AND ANY ACTIONS TAKEN SHALL BE RECORDED AND POSTED TO ALL BOARD MEMBERS.

FORM 990, PART VI, SECTION B, LINE 11

THE FINANCE COMMITTEE REVIEWED AND APPROVED THE FORM 990. A COPY OF THE FORM 990 WAS PROVIDED TO EACH VOTING MEMBER FOLLOWING THE REVIEW AND PRIOR TO THE FILING DATE OF THE FORM 990. THE FORM 990 WAS APPROVED AND ACCEPTED BY THE EXECUTIVE DIRECTOR AND BOARD MEMBERS AS PRESENTED.

FORM 990, PART VI, SECTION B, LINE 12C

THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY, EXPLAINED TO THE BOARD MEMBERS AND OFFICERS, AND DISCUSSED TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. FORMS ARE COMPLETED AND SIGNED BY ALL DIRECTORS, OFFICERS, AND EMPLOYEES ON AN ANNUAL BASIS.

FORM 990, PART VI, SECTION B, LINE 15

COMPENSATION PACKAGES ARE DETERMINED BY CONSULTING THE FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION STUDIES, AN INDEPENDENT COMPENSATION CONSULTANT, APPROVAL BY A COMPENSATION COMMITTEE, AND A WRITTEN EMPLOYMENT CONTRACT.

FORM 990, PART VI, SECTION C, LINE 18

THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. ADDITIONALLY, RECENT FILINGS OF THE FORM 990 ARE AVAILABLE FROM GUIDESTAR.ORG.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE 990 IS AVAILABLE THROUGH GUIDESTAR AND UPON REQUEST.

FORM 990, PART IX, LINE 11G

CONTRACT LABOR: PROGRAM SERVICE EXPENSES 245,492. MANAGEMENT AND GENERAL EXPENSES 4,479. FUNDRAISING EXPENSES 1,717. TOTAL EXPENSES 251,688. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,626. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,626.

FORM 990, PART XI, LINE 9:

AUDITOR ADJUSTMENTS -13,976.

PART XII, LINE 2C

THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

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