TY 2015 Form 990 Schedule O

efile Public Visual Render ObjectId: 201613209349309166 - Submission: 2016-11-15 TIN: 35-0563920

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

2015

Open to Public
Inspection

Name of the organization

OUR SUNDAY VISITOR INC

Employer identification number

35-0563920

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11	THE FINANCE PERSONNEL RESPONSIBLE FOR THE TAX RETURN PREPARATION AND/OR COORDINATION WITH OSV'S INDEPENDENT TAX FIRM COMPILES THE NECESSARY DATA TO PROVIDE TO THE TAX FIRM AND CONDUCTS THE INITIAL REVIEW OF THE 990 DRAFT. THE VICE PRESIDENT OF FINANCE & TREASURER ALSO REVIEWS THE DRAFT OF THE RETURN. CONFERENCE CALLS ARE HELD WITH THE OUTSIDE TAX FIRM TO DISCUSS ANY QUESTIONS/CHANGES. ONCE THE RETURN IS READY TO FILE, COPIES ARE THEN PROVIDED TO THE CEO AND EACH OF THE MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO THE RETURN BEING FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY COVERS ALL BOARD OF DIRECTORS, OFFICERS, AND SENIOR MANAGEMENT. ANY CONFLICTS ARE REVIEWED ANNUALLY BY HUMAN RESOURCES. CONFLICTS ARE RAISED TO THE BOARD BY HUMAN RESOURCES WHEN THEY OCCUR. IF THERE WAS A CONFLICT OF INTEREST IDENTIFIED, THE BOARD MEMBER WOULD BE REMOVED FROM VOTING ON ANY ISSUE RELATED TO THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS PERFORMS A PERIODIC SALARY REVIEW FOR OFFICERS. JOB FUNCTIONS AND RESPONSIBILITIES ARE SET FORTH PERIODICALLY AND REVIEWED DURING THIS PROCESS. ADDITIONALLY, PERIODIC COMPARISONS WITH FOR-PROFIT AND NOT-FOR-PROFIT ENTITIES ARE PERFORMED.
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:	GAIN FROM SUBSIDIARY 6,056,551. PENSION-RELATED BENEFIT CHANGES 390,935. IMPAIRMENT CHARGE-FIXED ASSETS -129,459.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.

Return Reference

Explanation

FORM 990, PART VI, SECTION B, LINE 11

THE FINANCE PERSONNEL RESPONSIBLE FOR THE TAX RETURN PREPARATION AND/OR COORDINATION WITH OSV'S INDEPENDENT TAX FIRM COMPILES THE NECESSARY DATA TO PROVIDE TO THE TAX FIRM AND CONDUCTS THE INITIAL REVIEW OF THE 990 DRAFT. THE VICE PRESIDENT OF FINANCE & TREASURER ALSO REVIEWS THE DRAFT OF THE RETURN. CONFERENCE CALLS ARE HELD WITH THE OUTSIDE TAX FIRM TO DISCUSS ANY QUESTIONS/CHANGES. ONCE THE RETURN IS READY TO FILE, COPIES ARE THEN PROVIDED TO THE CEO AND EACH OF THE MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO THE RETURN BEING FILED WITH THE IRS.

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

THE CONFLICT OF INTEREST POLICY COVERS ALL BOARD OF DIRECTORS, OFFICERS, AND SENIOR MANAGEMENT. ANY CONFLICTS ARE REVIEWED ANNUALLY BY HUMAN RESOURCES. CONFLICTS ARE RAISED TO THE BOARD BY HUMAN RESOURCES WHEN THEY OCCUR. IF THERE WAS A CONFLICT OF INTEREST IDENTIFIED, THE BOARD MEMBER WOULD BE REMOVED FROM VOTING ON ANY ISSUE RELATED TO THE CONFLICT.

FORM 990, PART VI, SECTION B, LINE 15

THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS PERFORMS A PERIODIC SALARY REVIEW FOR OFFICERS. JOB FUNCTIONS AND RESPONSIBILITIES ARE SET FORTH PERIODICALLY AND REVIEWED DURING THIS PROCESS. ADDITIONALLY, PERIODIC COMPARISONS WITH FOR-PROFIT AND NOT-FOR-PROFIT ENTITIES ARE PERFORMED.

FORM 990, PART VI, SECTION C, LINE 19

THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.

FORM 990, PART XI, LINE 9:

GAIN FROM SUBSIDIARY 6,056,551. PENSION-RELATED BENEFIT CHANGES 390,935. IMPAIRMENT CHARGE-FIXED ASSETS -129,459.

FORM 990, PART XII, LINE 2C:

THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

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