Return Reference | Explanation |
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Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | The Organization consists of members who fall into the following 3 classes of membership: Proprietary Junior Privilege Holders Special Each Proprietary Member is entitled to a vote on each matter submitted to the vote of the members. |
Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | Proprietary members elect a 7 person Board of Directors. The Board consists of 3 officers and 4 directors. The Board is elected to 2-year terms. The activities and affairs of the corporation are conducted and all corporate powers are exercised by or under the direction of the Board. |
Form 990, Part VI, Line 11b: Form 990 Review Process | Board Members are provided form 990 in advance of filing date via electronic file. Comments can be submitted to Treasurer before the return is filed. |
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | The Organization performs periodic reviews of compensation arrangements and benefits as well as all contracts, partnerships, joint ventures and arrangements to assure that they do not result in inurement, impermissible private benefit or excess benefits. If the governing board or committee determines there is a conflict of interest, the board shall take appropriate disciplinary and corrective action. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The Organization provides access to tax filings, policies and financial statements, upon inquiry, at it's offices - 1675 East Valley Road, Santa Barbara, CA 93108. |
Software ID: | 20011551 |
Software Version: | 2020v4.0 |