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 VOTING DELEGATES FROM EACH FARM BUREAU DISTRICT SHALL NOMINATE CANDIDATES FOR THE BOARD OF DIRECTORS AT THE OFFICIAL NOMINATING CAUCUSES CALLED BY THE PRESIDENT. THE VOTING DELEGATES, BY MAJORITY VOTE OF A DULY CONSTITUTED QUORUM, SHALL ELECT THE BOARD OF DIRECTORS AS PROVIDED FOR HEREIN. THOSE PERSONS, TOGETHER WITH THE DULY ELECTED PRESIDENT AND VICE PRESIDENT ELECTED BY THE MEMBERS, WHO SHALL HAVE THE POWER TO VOTE, SHALL CONSTITUTE THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED BY VOTING DELEGATES. |
| FORM 990, PART VI, SECTION A, LINE 7B | BYLAWS MAY BE ALTERED, AMENDED OR REPEALED AND NEW BYLAWS MAY BE ADOPTED BY THE VOTING DELEGATES AFTER PRESENTATION OF THE PROPOSED CHANGES BY THE BOARD OF DIRECTORS AT ANY REGULAR OR SPECIAL MEETING OF THE VOTING DELEGATES; PROVIDED, HOWEVER, THAT NOT LESS THAN THIRTY (30) DAYS NOTICE SHALL BE GIVEN TO EACH COUNTY FARM BUREAU HOLDING MEMBERSHIP IN THE FEDERATION BEFORE THE MEETING AT SUCH CHANGE IS TO BE PROPOSED AND VOTED ON AND SUCH NOTICE SHALL INCLUDE A COPY OF THE PROPOSED CHANGES. ANY AMENDMENT OR CHANGE MUST BE APPROVED BY TWO-THIRDS OF THE VOTING DELEGATES PRESENT AT THE REGULAR OR SPECIAL MEETING WHERE SUCH AMENDMENT OR CHANGE IS TO BE CONSIDERED AND WHERE A QUORUM IS PRESENT. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS FORWARDED TO THE AUDIT COMMITTEE AS WELL AS THE PRESIDENT, EXECUTIVE VICE-PRESIDENT AND DIRECTOR OF FINANCE PRIOR TO FILING. THE DIRECTOR OF FINANCE WILL REVIEW AND SIGN THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY IS REVIEWED ANNUALLY WITH THE BOARD AND LEGAL COUNSEL AND SIGNED ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE ENGAGES LONGNECKER & ASSOCIATES AND USES A SALARY ADMINISTRATION PLAN DESIGNED BY THEM. ALL SALARIES FALL WITHIN THE DESIGNATED RANGES OF THE PLAN, ARE APPROVED BY THE COMPENSATION COMMITTEE AND REFERRED TO THE FULL BOARD OF DIRECTORS FOR APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS AND POLICES ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | BOOK/TAX DIFFERENCE - DEPRECIATION EXPENSE -213,637. FEDERAL INCOME TAX EXPENSE 9,797. BOOK/TAX DIFFERENCE - GAIN ON SALE OF ASSETS 193,009. INCREASE IN TEMPORARILY RESTRICTED NET ASSETS 58,832. |
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