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FORM 990, PART VI, SECTION A, LINE 6 | AUTOMOBILE DEALERS ASSOCIATION OF INDIANA IS A MEMBER-BASED ORGANIZATION. EACH MEMBER IS ENTITLED TO A VOTE FOR THE ELECTION OF BOARD MEMBERS. THIS IS THE ONLY EXTENT TO WHICH MEMBERS PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. MEMBERS HAVE NO RIGHTS TO RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS FROM THE ORGANIZATION. |
FORM 990, PART VI, SECTION A, LINE 7A | AS DISCUSSED ON SCHEDULE O FOR PART VI, SECTION A, LINE 6, EACH MEMBER OF AUTOMOBILE DEALERS ASSOCIATION OF INDIANA IS ENTITLED TO A VOTE ON THE ELECTION OF THE BOARD OF DIRECTORS. |
FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO SIGNING AND FILING. |
FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS ARE REQUIRED TO DISCLOSURE CONFLICTS AS THEY ARISE. THE BOARD REVIEWS DISCLOSED CONFLICTS AND TAKES APPRORPRIATE ACTION AS NECESSARY. |
FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO INTERESTED PARTIES UPON WRITTEN REQUEST. |
FORM 990, PART XII, LINE 2C | THE EXECUTIVE COMMITTEE OF THE ASSOCIATION TAKES RESPONSIBILITY FOR OVERSIGHT OF THE REVIEW AND SELECTION OF THE INDEPENDENT ACCOUNTANT. |
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