Pepsi-Cola Bottlers' Associations Inc

“Pepsi -cola bottlers' association is a membership organization. The members meet at least once a year to elect the board of directors and the officers of the organization as well as to transact other business.”

“The executive committee (chairman, treasurer, and president) initially reviews and approves the form 990. A copy of the form 990 is provided to the board of directors prior to submission with the irs.”

“All members of the board of directors are required to complete and submit conflict of interest forms annually.”

“Voting members of the board of directors do not receive compensation. The board of directors determines the president's salary and approves the budget containing the salary of the comptroller. The president is generally given a multi-year contract by the board which relies on salary surveys and comparable data provided by a consultant at the time the contract is being negotiated.”

“See response to form 990, part vi, section b, line 15a.”

“The governing documents, conflict of interest policy, and financial statements are available to the public upon written request.”

“The mission of pepsi-cola bottlers' association, inc. Is to continuously monitor and represent the members' opinions; provide pepsico, its divisions, subsidiaries and affiliates (pepsico) with members' viewpoints on key issues; develop joint strategic plans and other programs with pepsico; function as an information resource by collecting and analyzing information for the betterment of the pepsico franchisee system; keep the members informed; represent members' interests on legislative issues; facilitate the formation of cooperative arrangements and centralized processes; and most importantly facilitate the building and protection of the franchise equity of its members as it relates to the manufacturing, sale and/or distribution of products under current and future agreements with pepsico.”