Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Client Note 1 | Client Note 1 - 2013 Form 990 End of Life Vehicle Solutions Inc. 20-3429074 Schedule D; Part X "Other Liabilities"; Line (3) $ 3,259,725 ----------------------------------------------------Notes: The Advance from General Motors Company on the Balance Sheet is a one-time payment from the new General Motors Company received in 2011, to be applied to all future obligations of the prior (now defunct) GM Corporation. $414,685 of this advance was used in 2014. |
| Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company | Duties of Management companies included development of educational materials; communication with recyclers; invoicing of members; record-keeping of accomplishments; compliance with all state reporting requirements; and general oversight and implementation of program. |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | Members are invoiced for their dues, based on their market share. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | The preparer submits a draft of the return to the Treasurer and Executive Director to read, question and adjust as needed before filing. All three discuss any items in question. After agreement is reached, the Treasurer signs the authorization to file. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The prospective Treasurer submits an offer which the Board reviews, negotiates, and approves or adjusts as needed. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Requests can be made to the Treasurer at 248-420-9430 or on our website, elvsolutions.org. |
| Software ID: | 14000265 |
| Software Version: | 2014v5.0 |