Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Members or stockholder classes and rights Part VI line 6 | The organization consists of members. To be a member, one must have a share/savings account. Each member has one vote to elect the governing body (Board of Directors). |
| Member election for additional members Part VI line 7a | The Board of Directors is elected by the membership utilizing their one vote per member |
| Governing body decisions Part VI line 7b | Each member has one vote to utilize in ratifying significant decisions beyond the authority of the Board as outlined in the organization's bylaws. Any decision to dissolve or merge the organization requires approval of membership, unless mandated by regulatory agency (i.e., NCUA, Wisconsin Office of Credit Unions). |
| Form 990 governing body review Part VI line 11 | President reviews the final copy, then e-mails it to the board for their approval at the next board meeting. |
| Conflict of interest policy compliance Part VI line 12c | At the reorganization meeting each year, the board is required to read, disclose (if applicable), and sign the policy each year. They are required to report to the board throughout the year if circumstances should change. |
| Governing documents etc available to public Part VI line 19 | Yes, the end of the year financials are displayed in the lobbby each year, given out at the annual meeting, and given upon request. Our governing documents and conflict of interest policy would be available upon request. |
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