Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | THE ENTITY HAS MEMBERS WHO ALL HAVE EQUAL RIGHTS. THESE MEMBERS HAVE THE RIGHT TO PARTICIPATE IN THE DECISIONS OF THE ORGANIZATION. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | YES, PERIODICALLY ANY/ALL MEMBERS HAVE THE RIGHT TO ELECT THE GOVERNING BODY THROUGH A MAJORITY VOTE. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | YES, ALL MEMBERS HAVE THE RIGHT TO VOTE. VOTES ARE TAKEN ON ALL SIGNIFICANT FINANCIAL DECISIONS, INCLUDING OPERATING EXPENSES. EACH WEEKLY MEETING INCLUDES A READING OF THE PROPOSED USES OF CASH FOR THE FOLLOWING WEEK AND IT IS THEN UP FOR A MAJORITY VOTE. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE RETURN PREPARER PROVIDES THE TREASURER WITH A COPY OF THE TAX RETURN TO BE FILED. THE TREASURER THEN CALLS A MEETING OF THE GOVERNING BODY. AT THAT MEETING THE RETURN IS REVIEWED BY THE BODY AND QUESTIONS ARE ASKED. IF THERE ARE NO QUESTIONS PERTAINING TO THE ACCURACY OF THE RETURN, THEN THE RETURN IS FILED BY THE TREASURER. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | ALL COMPENSATION DECISIONS MUST BE PROPOSED FIRST TO THE GOVERNING BODY. ONCE IT HAS RECEIVED THEIR APPROVAL IT IS THEN VOTED ON BY ALL MEMBERS. THIS COMPENSATION IS THEN REVIEWED ANNUALLY AND SUBJECT TO ANOTHER VOTE TO KEEP OR CHANGE. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | ALL INFORMATION IS AVAILABLE UPON REQUEST TO ANY MEMBER OR GENERAL PUBLIC. ALL BANK BALANCES AND LOAN BALANCES ARE READ ALOUD AT EVERY MEETING. ALL EXPENSES PAID ARE READ ALOUD AT EVERY MEETING. |
| OTHER CHANGES IN NET ASSETS EXPLANATION | FORM 990, PART XI, LINE 5 | THIS INCREASE IS CAUSED BY THE UNREALIZED GAIN IN THE INVESTMENT ACCOUNT CREATED WHEN MARKING THE ASSETS TO MARKET FAIR VALUE. |
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