Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Pt VI, Line 11b | Copies of From 990 are provided to Board of Directors for review and the feedbacks are collected and communicated to the Treasurer and Accountants for discussion. |
| Pt VI, Line 6 | Members pay membership dues to join the organization and both members and non-members may make Non tax deductible contributions to the Organization. Such contributions may be earmarked for specific purposes. |
| Pt VI, Line 7a | Executive Members have the power to elect the Board of Directors. |
| Pt VI, Line 7b | Executive Members approve any changes to the Bylaws. |
| Pt VI, Line 5 | VCDL became aware that an individual opened corporate charge account, made purchases using those accounts and paid the expenses with VCDL funds. This was done without the Borad's knowledge or approval. The individual also billed VCDL for services which were not supplied or were incorrectly completed. The resulting total diversion of fund is $16,900.00 which is compised of $4,101 in unauthorized purchased, $11,863.00 in services billed but not rendered and $2,098.00 in recovery costs. $1,163 in merchandise purchased was returned to VCDL. The balance is in default. The services of this individual were terminated. The organization has done the following to prevent future improprieties: We've engaged a firm to conduct an annual audit. All expenses over $300 must be put to a Board bote prior to funds being issued. Expenses under$300 must be approved by the President of the organization prior to purchases. Before payments are issued at least one (1) other Board member must be informed of the payment being issued. A monthly report is to be sent to the Board detailing the incoming and outgoing funds and the financial status of the organization. receipts for all expenditures are to be sent to the Treasurer for documentation and will be kept in a digital format and filed in a manner that is easily searchable. |
| Form 990, Part IX, Line 24e | Licenses and Permits 325. 325. 0. 0. |
| Form 990, Part IX, Line 24e | Books, Subscriptions, Reference 252. 252. 0. 0. |
| Form 990, Part IX, Line 24e | Worker's Compensation 319. 319. 0. 0. |
| Form 990, Part IX, Line 24e | Misc 17. 17. 0. 0. |
| Form 990, Part IX, Line 24e | Merchandise Purchase 2957. 2957. 0. 0. |
| Form 990, Part IX, Line 24e | Penalties & Fines 43. 43. 0. 0. |
| Form 990, Part IX, Line 24e | Payroll Processing Fees 810. 810. 0. 0. |
| Software ID: | 18007482 |
| Software Version: |