| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder |
Members in good standing made a donation to Aspetuck Land Trust that met or exceeded the annual membership dues established by the Board of Directors by January 1.Honorary Members are designated by the Board of Directors. An Honorary Member is any person or legal entity that has made a significant donation of land, interests in land, funds, goods or services, or has volunteered for the Aspetuck Land Trust. An Honorary member shall be a member in good standing for their lifetime and shall be exempt from the payment of annual dues. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body |
Members in good standing shall elect the members of the governing body at the annual meeting and have the right to vote at any meeting at which members are entitled to vote. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders |
Members in good standing shall elect the members of the governing body at the annual meeting and have the right to vote at any meeting at which members are entitled to vote. |
| Form 990, Part VI, Line 11b: Form 990 Review Process |
990 is reviewed by Finance Committee of the Board of Directors. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
Finance Committee reviews and gives preliminary approval of annual budget and Board of Directors makes final approval. The Executive Committee sets salaries using benchmarks of similarly sized organizations. The Executive Committee determines the amount of any discretionary bonuses paid. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
Finance Committee reviews and gives preliminary approval of annual budget and Board of Directors makes final approval. The Executive Committee sets salaries using benchmarks of similarly sized organizations. The Executive Committee determines the amount of any discretionary bonuses paid. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
Documents are available on website and upon request. |
| Form 990, Part XII, Line 1: Change of Accounting Method |
Accounting basis changed from cash to accrual basis of accounting. |
| Form 990, Part XII, Line 1 - Change of accounting method |
To agree to the Basis reported on the Organizations Audited Financial statements. |
Attach to Form 990 or 990-EZ.