Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | WE ADDED A NEW MEMBER, CALHOUN COUNTY ELECTRIC COOPERATIVE. THAT CHANGED THE NUMBER OF VOTING MEMBERS FROM 7 TO 8. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATION IS COMPRISED OF A SINGLE CLASS OF MEMBER-OWNERS, EACH OF WHICH HAS EQUAL RIGHTS IN OWNERSHIP, GOVERNANCE AND VOTING RIGHTS AT THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBER-OWNERS OF THE CORPORATION HAVE THE AUTHORITY TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS. THE CORPORATION HAS A STRICT POLICY LIMITING ONE VOTE TO EACH MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7B | CHANGES TO THE GOVERNING DOCUMENTS (BYLAWS AND ARTICLES OF INCORPORATION) MUST BE APPROVED BY THE MEMBER-OWNERS AFTER THEY HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS. APPROVAL OCCURS WHEN AT LEAST 50% OF THE MEMBER-OWNERS VOTE TO APPROVE. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD OF DIRECTORS WILL REVIEW FORM 990 PRIOR TO SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL PERSONS ASSOCIATED WITH HOMEWARD FILL OUT CONFLICT OF INTEREST FORMS ANNUALLY. DIRECTORS WOULD ABSTAIN FROM VOTING ON ANY DECISIONS INVOLVING A CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST TO THE PUBLIC. |
| FORM 990, PART VII | JON LEERAR - 216 JACKSON STREET, THOMPSON, IA 50478. DARRELL GOFF - 2099 HIGHWAY 3 W, CLARION, IA 50525. FRAN BUCKEL - 1560 HIGHWAY 65, HAMPTON, IA 50441. JAMES BAGLEY - 28725 HIGHWAY 30, GLIDDEN, IA 51443. CRAIG CODNER - 521 N MAIN, PO BOX 98, ALLISON, IA 50602. MARK APPEL - 102 EAST G AVENUE, GRUNDY CENTER, IA 50638. WILLIAM MCKIM - 1005 E LINCOLNWAY, JEFFERSON, IA 50129. ROXANNE CARISCH - 1015 TONAWANDA, ROCKWELL CITY, IA 50579. |
| FORM 990, PART XII, LINE 2C | THE BOARD OF DIRECTORS ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| Software ID: | |
| Software Version: |