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, Line 11b: Form 990 Review Process | No review was or will be conducted. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | The MCGA President and MCMC Chairperson have been designated by the board to yearly evaluate the CEO along with the organizations goals and objectives. The process includes a discussion of yearly goals and objectives and how they were met. A general discussion is held regarding the CEOs direct activities and successes during the year along with an evaluation of staff provided by the CEO. The CEO has a contract which renews yearly for a two year period as long as both parties agree. Salary increases and performance bonuses are discussed between the CEO, President and Chairman and made on an annual basis. Outside information from the American Society of Association Executives, Missouri Society of Association Executives, the National Corn Growers Association and others is used to provide prospective on salaries of other comparable positions and to provide guidance to fulfill the MCGA/MCMC obligations under the contract to the CEO. After this initial meeting, the entire board of directors is given a report in executive session from that meeting. A general discussion is held between the board and CEO. After that, the CEO leaves the room and the board decides whether to accept the recommendations from the President and Chairperson or to make changes to those recommendations. Finally, the CEO is presented any final comments from the board and the formal salary and bonus adjustments. The CEO then indicates to the board his/her reaction to the proposal and an agreement is reached. Then the executive session is ended. A report of the salary and bonus adjustments is given to the appropriate staff for future payment. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | No documents available to the public. |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | CHANGE IN PROVISION FOR INCOME TAX = -$2972 |
| Other Changes In Net Assets Or Fund Balances - Other Increases | INVEST IN ETHANOL PLANTS BOOK/TAX DIFF = $6455 |
| Software ID: | 13000170 |
| Software Version: | 2013v4.0 |