SCHEDULE O
(Form 990)

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.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
ASHEVILLE AREA CHAMBER OF COMMERCE
COMMUNITY BETTERMENT FOUNDATION
Employer identification number

56-1762978
Return Reference Explanation
FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS THEN PROVIDED TO THE VOTING BOARD MEMBERS VIA EMAIL PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY AT THE START OF THEIR TERM. BOARD MEMBERS ARE RESPONSIBLE FOR MAKING CONFLICT OF INTERESTS KNOWN AND RECUSING THEMSELVES FROM ANY DISCUSSION AND/OR VOTE WHEN A POTENTIAL CONFLICT EXISTS.
FORM 990, PART VI, SECTION C, LINE 18 RECENT FILINGS OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE. IN ADDITION, RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG.
FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANICAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9: EQUITY TRANSFER -4,201.
FORM 990, PART XII, LINE 1: THE CHAMBER UTILIZES A MODIFIED CASH BASIS OF ACCOUNTING. UNDER THIS METHOD, PLEDGED CONTRIBUTION REVENUE AND RELATED ASSETS ARE RECOGNIZED WHEN RECEIVED RATHER THAN WHEN EARNED. CERTAIN COMPENSATED ABSENCES ARE RECOGNIZED WHEN THE OBLIGATION IS EXPECTED TO BE LIQUIDATED WITH AVAILABLE FINANCIAL RESOURCES. ALL OTHER REVENUES AND EXPENSES ARE RECOGNIZED ON THE ACCRUAL BASIS OF ACCOUNTING.
FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


Additional Data


Software ID:  
Software Version: