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 6 | THE ORGANIZATION HAS A GROUP OF BOARD MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF TRUSTEES VOTE EVERY YEAR ON THE BOARD MEMBERS AND THE POSITIONS HELD BY THE MEMBERS. THE BOARD WILL VOTE ON ANY INDIVIDUAL THAT WISHES TO BECOME A BOARD MEMBER. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD OF TRUSTEES WILL USE THE REVIEWED FINANCIAL STATEMENTS AND THEIR COLLECTIVE KNOWLEDGE OF INCOME TAX PREPARATION TO REVIEW THE FORM 990. THE BOARD WILL ALSO INQUIRE OF THE ACCOUNTANT ABOUT ANY QUESTIONS THAT THEY MAY HAVE ABOUT THE PREPARATION OF THE FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF TRUSTEES REVIEW THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND REQUIRE ALL EMPLOYEES AND TRUSTEES TO COMPLETE A CONFLICT OF INTEREST STATEMENT. THE BOARD REVIEWS THE FUND'S ACTIVITY DURING THEIR MEETINGS AND DISCUSS ANY UNUSUAL ACTIVITY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES USES AN EMPLOYMENT CONTRACT FOR THE KEY EMPLOYEE. THE BOARD DETERMINES THE AMOUNT OF ANNUAL COMPENSATION AND OTHER TERMS OF THE CONTRACT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ALL REQUIRED DOCUMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION HAS SPACE AVAILABLE WHERE ANYONE CAN COME IN AND VIEW THE DOCUMENTS OR THEY CAN HAVE COPIES MADE AND SENT TO THEM. |
| FORM 990, PART VII | JOSEPH SCANDROLI, JR. - 823 N. MADISON ST., ROCKFORD, IL 61107. ROBERT STENSTROM - P.O. BOX 5866, ROCKFORD, IL 61125. NATHAN HEINRICH - 10540 N. SECOND ST., ROCKFORD, IL 61111. JOEL SJOSTROM - P.O. BOX 5766, ROCKFORD, IL 61125. CRAIG ERDMIER - 1322 E. STATE ST., ROCKFORD, IL 61104. JOHN FRIDH - 1111 S. ALPINE RD. - STE. 101, ROCKFORD, IL 61108. BEN HOLMSTROM - 1401 N. SECOND ST., ROCKFORD, IL 61107. NATHAN HOWARD - 1401 N. SECOND ST., ROCKFORD, IL 61107. BRENT JOHNSON - 1725 HUNTWOOD DR, CHERRY VALLEY, IL 61016. STEVE SCHMELING - 315 HARRISON AVE., ROCKFORD, IL 61104. GLEN L. TURPOFF - 1111 S. ALPINE RD. - STE. 202, ROCKFORD, IL 61108. |
| FORM 990, PART XII, LINE 2C: | THE BOARD OF TRUSTEES ASSUMES RESPONSIBILTY FOR OVERSIGHT OF THE ANNUAL REVIEW OF THE FINANCIAL STATEMENTS. INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ARE BOARD SELECTED EVERY THREE YEARS BY THE SOLICITATION OF A FORMAL PROPOSAL FOR SERVICES AND FEES. |
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