Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ASSOCIATION'S MEMBERSHIP IS OPEN TO ALL INDIVIDUALS AND CORPORATIONS WHO HAVE AN INTEREST IN SUPPORTING THE COMMON PURPOSES OF MINNESOTA CORN PRODUCERS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | DULY APPOINTED DELEGATES FROM COUNTY ASSOCIATIONS AND MEMBERS OF THE ASSOCIATION ELECT THE ASSOCIATION'S BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED IN DETAIL BY THE ASSOCIATION'S EXECUTIVE DIRECTOR AND BUSINESS & FINANCE DIRECTOR. THE FORM 990 WAS PRESENTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ASSOCIATION HAS A CONFLICT OF INTEREST POLICY ANNUAL STATEMENT WHERE EACH DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL COMPLETE AND SIGN THE STATEMENT AT THE TIME OF HIS OR HER INITIAL ELECTION OR APPOINTMENT AND ANNUALLY THEREAFTER. THE ASSOCIATION ALSO CONDUCTS PERIODIC REVIEWS OF THE POLICY TO ENSURE THAT IT OPERATES IN A MANNER CONSISTENT WITH ITS PURPOSES. IF A CONFLICT IS DETERMINED TO EXIST BY THOSE MEMBERS WHO DO NOT HAVE A CONFLICT, THE INTERESTED PERSON MUST LEAVE THE BOARD (OR COMMITTEE) MEETING DURING THE DISCUSSION OF, AND THE VOTE IN, THE PROPOSED TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE PERSONNEL COMMITTEE, WHICH IS INDEPENDENT, USED A SALARY SURVEY TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR. A WRITTEN CONTRACT WAS APPROVED BY THE PERSONNEL COMMITTEE. THIS ROCEDURE WAS LAST PERFORMED IN 2010 FOR THE EXECUTIVE DIRECTOR, TIM GERLACH. THE EXECUTIVE DIRECTOR REVIEWS AND DETERMINES THE COMPENSATION FOR THE BUSINESS & FINANCE DIRECTOR. THE ASSOCIATION USES SALARY SURVEYS AND FORM 990S OF OTHER SIMILARLY SITUATED EXEMPT ORGANIZATIONS TO DETERMINE THE COMPENSATION OF OTHER OFFICERS, INCLUDING THE BUSINESS & FINANCE DIRECTOR, SUZANNE SWENSON. THIS PROCEDURE WAS LAST PERFORMED IN 2011. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| EXPLANATION FOR RENTAL ACTIVITY | FORM 990, PART VIII, LINE 6A | THE MINNESOTA CORN GROWERS ASSOCIATION ("ASSOCIATION") AND THE MINNESOTA CORN RESEARCH AND PROMOTION COUNCIL ("COUNCIL") ARE TWO SEPARATE ORGANIZATIONS THAT WORK VERY CLOSELY TOGETHER AND SHARE A MISSION. THE COUNCIL AND THE ASSOCIATION SHARE THE OBJECTIVE AND PURPOSE OF PROMOTING THE EFFICIENT PRODUCTION OF CORN AND ENHANCING THE PROFITABILITY OF CORN PRODUCERS IN THE STATE OF MINNESOTA. THE COUNCIL AND THE ASSOCIATION DESIRE TO ALLOCATE EXPENSES AMOUNG THEIR RESPECTIVE ORGANIZATIONS IN ORDER TO MAXIMIZE THE AMOUNT OF RESOURCES THAT CAN BE UTILIZED TO ACHIEVE THEIR MUTUTAL OBJECTIVES WHILE AT THE SAME TIME COMPLYING WITH ALL LEGAL RESTRICTION ON THE USE OF COUNCIL FUNDS. THE COUNCIL PAYS RENT TO THE ASSOCIATION. |
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