Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS TWENTY-THREE MEMBERS, AND EACH MEMBER HAS THE OPPORTUNITY TO RUN FOR ONE OF THE SEVEN BOARD SEATS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE SEVEN BOARD MEMBERS OF THE ORGANIZATION, REPRESENT THE COMPLETE MEMBERSHIP. BOARD MEMBERS ARE ELECTED TO THREE YEAR TERMS, AND CAN BE RE-ELECTED. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE ORGANIZATION HOLDS AN ANNUAL MEETING WHERE BYLAW CHANGES AND ACTIONS OF THE BOARD ARE APPROVED BY THE MEMBERSHIP. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD MEMBERS ARE PRESENTED WITH A DRAFT COPY OF THE 990 PRIOR TO THE BOARD MEETING. COMMENTS AND CHANGES ARE THEN DISCUSSED AND APPROVED AT THE BOARD MEETING, THEN THE APPROVED FORM 990 IS FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | A WRITTEN DOCUMENT IS SIGNED AT THE BEGINNING OF EACH YEAR BY THE BOARD MEMBERS STATING ANY CONFLICTS OF INTEREST. | |
| FORM 990, PART VI, SECTION B, LINE 15B | THE DIRECTORS, OR THE ORGANIZATIONS THEY WORK FOR, ARE PAID A PER DIEM FOR THE MEETINGS THEY ATTEND. THEY ALSO RECEIVE A QUARTERLY RETAINER. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE DOCUMENTS ARE AVAILABLE UPON REQUEST IN PERSON AT WOLVERINE POWER MARKETINGS CORPORATE OFFICE. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | PATRONAGE CAPITAL RETIRED -1,055,014. TOTAL TO FORM 990, PART XI, LINE 5: -1,055,014. |
| FORM 990, SECTION XII, LINE 2C: | THE ORGANIZATION'S POLICY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. |
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