| DELEGATION OF AUTHORITY |
FORM 990, PART VI, SECTION A, LINE 1A: PER THE ORGANIZATION'S BYLAWS THE BOARD OF DIRECTORS SHALL HAVE AN EXECUTIVE COMMITTEE OF SUCH NUMBER AS THE BOARD SETS FROM TIME TO TIME AND COMPOSED OF A POLICY SECTION AND A FEDERATION SECTION. MEMBERS OF THE BOARD ARE DETERMINED IN ACCORDANCE WITH THE BYLAWS. SUBJECT TO RESTRICTIONS IMPOSED BY LAW AND BY PROVISION OF SAID BYLAWS, THE EXECUTIVE COMMITTEE SHALL EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS WHEN THE BOARD IS NOT IN SESSION AND EXERCISE THE AUTHORITY OF THE POLICY DIVISION AND THE FEDERATION DIVISION RESPECTIVELY WHEN THEY ARE NOT IN SESSION. |
| ORGANIZATION'S MEMBERS OR STOCKHOLDERS |
FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATION HAS SIX CLASSES OF MEMBERSHIP: REGULAR MEMBERS, ALLIED INDUSTRY MEMBERS, PRODUCT COUNCIL MEMBERS, STATE AND NATIONAL INDUSTRY ORGANIZATION MEMBERS, BEEF BREED ORGANIZATION MEMBERS AND SUPPORTING MEMBERS. |
| MEMBER'S POWER TO ELECT OR APPOINT THE GOVERNING BODY |
FORM 990, PART VI, SECTION A, LINE 7A: THE ASSOCIATION MEMBERS AND REGISTRANTS SHALL ELECT THE PRESIDENT, PRESIDENT-ELECT, AND A VICE PRESIDENT AT THE STAKEHOLDERS' CONGRESS. |
| FORM 990 REVIEW PROCESS |
FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PROFESSIONAL TAX PREPARER AND REVIEWED IN DETAIL BY THE ORGANIZATION'S CFO AND CONTROLLER. THE FORM 990 IS PRESENTED TO THE ORGANIZATION'S FINANCE AND AUDIT COMMITTEE BY THE PROFESSIONAL TAX PREPARER. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY BEFORE IT IS FILED. |
| MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY |
FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION REQUIRES ALL EMPLOYEES TO SIGN A CONFLICT OF INTEREST POLICY UPON HIRE AND ANNUALLY THEREAFTER. THE BOARD OF DIRECTORS, WHEN ENCOUNTERING POTENTIAL CONFLICTS OF INTEREST, SHALL IDENTIFY THE POTENTIAL CONFLICT AND, AS REQUIRED, REMOVE THEMSELVES FROM ALL DISCUSSION AND VOTING ON THE MATTER. |
| PROCESS FOR DETERMINING COMPENSATION OF CEO |
FORM 990, PART VI, SECTION B, LINE 15A: CEO COMPENSATION IS REVIEWED AND APPROVED BY THE VOLUNTEER OFFICER GROUP. ALL OTHER SENIOR EXECUTIVE COMPENSATION IS REVIEWED AND APPROVED BY THE CEO. EMPLOYEE COMPENSATION IS COMPARED AGAINST COMPARABILITY DATA AS PROVIDED BY A THIRD PARTY COMPENSATION CONSULTANT. COMPENSATION DECISIONS ARE DOCUMENTED IN EACH EMPLOYEE'S PERSONNEL FILE. TOTAL EMPLOYEE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. |
| PROCESS FOR DETERMINING COMPENSATION OF KEY EMPLOYEES |
FORM 990, PART VI, SECTION B, LINE 15B: ALL KEY EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED BY THE CEO. EMPLOYEE COMPENSATION IS COMPARED AGAINST COMPARABILITY DATA AS PROVIDED BY A THIRD PARTY COMPENSATION CONSULTANT. COMPENSATION DECISIONS ARE DOCUMENTED IN EACH EMPLOYEE'S PERSONNEL FILE. TOTAL EMPLOYEE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. |
| HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC |
FORM 990, PART VII, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE UPON REQUEST. ADDITIONALLY, IT MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, UPON REQUEST, AS REQUIRED BY LAW. |
| CALENDER YEAR COMPENSATION |
FORM 990, VII: COMPENSATION FOR INDIVIDUALS IN PART VII IS REPORTED ON A CALENDAR YEAR BASIS. AMOUNTS ARE DERIVED FROM EACH INDIVIDUALS 2018 FORM W-2. |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:BEEF CHECKOFF PROF. RES. SRVCS TOTAL FEES:22202846 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:MEMBERSHIP & RLTD PROF. SRVCS TOTAL FEES:2147763 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:OTHER PROFESSIONAL SERVICES TOTAL FEES:724403 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:FEDERATION SRVCS PROF. SRVCS TOTAL FEES:139068 |
Attach to Form 990 or 990-EZ.