Employers Group

“The organization is a business league that provides human resources expertise to its members. All members are subject to annual dues in order to have access to their library or consulting services. Members do not have the authority to elect any member on the governing body.”

“Procedures - management review of form 990 management shall have the responsibility for reviewing the organization's form 990 (including all pertinent schedules). Before it is filed with the internal revenue service a draft of the form 990 should be ready for review by management. They will have no more than two weeks to complete their review. In conducting their review of the draft of the form 990, it is preferred that management shall conduct a top-level or big-picture type of review. However, if the management desires or deems it necessary to conduct a more detailed review of the form 990, then they should contact the preparer of the form 990 to request copies of the relevant detailed tax return workpapers which they would like to see. Once management has completed its initial review of the form 990, a meeting or conference call will be scheduled with the preparer of the form 990 (regardless of whether the form 990 is externally or internally prepared) to discuss any questions, comments, and suggested revisions identified by management. The preparer of the form 990 should make any revisions to the form 990 as soon as feasibly possible to ensure that the form 990 is filed with the internal revenue service on a timely basis. All of the questions, comments, and suggested revisions set forth by management should be documented, along with any responses from the preparer of the form 990, if applicable. After the form 990 has been reviewed by management and filed with the internal revenue service, management will make a presentation at the next full board of directors meeting to update the full board regarding its review of the form 990. At this meeting with the full board of directors, it is not required for management to review all of their questions, comments, and suggested revisions; a summary of their more important points will be sufficient.”

“Senior management continually monitors compliance. Each senior manager or director has the obligation to disclose any relantionship with people doing business with the organization that could give rise to a conflict of interest. The organization requires its employees to sign the conflict of interest policy when they are hired.”

“The public inspection copy of the organization's form 990, from the previous three years (at a minimum), will be available (for inspection or copying) at the organization's main office during normal business hours at no charge. The organization will make best efforts to ensure that the forms 990 held at their main office are the most updated versions of such. For example, in the instance where a form 990 has been amended, the amended version of the form 990 should be the one available for public inspection. When responding to a public inspection request for any organizational document or form 990 by anyone, the organization shall fulfill such request in a timely fashion without inquiring as to the reason for the public inspection request.”

“Procedures - public inspection of documents the following organizational documents of the organization will be available (for inspection or copying) at the organization's main office during normal business hours at no charge: -tax exemption application (form 1024) -internal revenue service determination letter -articles of incorporation -by-laws”

“The tax return is being amended to reflect changes made to the financial statements. The originally filed return was prepared using estimated amounts due to a change in management. Changes to the originally filed form 990 were made as follows: part i - increase in revenue and decrease in expenses as a result of changes to employee benefit program payable, accounts receivable, deferred revenue and accounts payable. Part viii, line 4a - increase in membership and program service revenue. Part ix - decrease in total expenses. Part x - decrease in cash, increase in intercompany receivable, employee benefit program payable and accounts payable.”