Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company |
MANAGEMENT SERVCES AND COMPENSATION |
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder |
Members are those in the Petroleum Marketing Industry |
Form 990, Part VI, Line 11b: Form 990 Review Process |
WILL BE REVIEW BY BOARD. |
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
The KPMA anti-trust and conflict of interest policy were distributed at every membership meeting to each member and at each of the board meetings held this year. Those policies are explained by our legal counsel at these meetings to emphasize their serious nature. |
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
KPMA PAYS ASSOCIATIONS INTERNATIONAL, LLC THE MANAGEMENT FEE LISTED IN PART VII, SECTION B, #1 OF THIS 990 TO PERFORM AN AGREED UPON LIST OF SERVICES. IT IS ASSOCIATIONS INTERNATIONAL, LLC'S RESPONSIBILITY TO HIRE EMPLOYEES AND DETERMINE COMPENSATION. KPMA IS NOT PRIVY TO THIS EMPLOYEE COMPENSATION AND ASSOCIATIONS INTERNATIONAL, LLC OPTED NOT TO DIVULGE THE INFORMATION. |
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
KPMA PAYS ASSOCIATIONS INTERNATIONAL, LLC THE MANAGEMENT FEE LISTED IN PART VII, SECTION B, #1 OF THIS 990 TO PERFORM AN AGREED UPON LIST OF SERVICES. IT IS ASSOCIATIONS INTERNATIONAL, LLC'S RESPONSIBILITY TO HIRE EMPLOYEES AND DETERMINE COMPENSATION. KPMA IS NOT PRIVY TO THIS EMPLOYEE COMPENSATION AND ASSOCIATIONS INTERNATIONAL, LLC OPTED NOT TO DIVULGE THE INFORMATION. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
All policies, financial statements and IRS 990 forms are made available in a timely manner, at no charge, to anyone upon written request. |