TIN:
SCHEDULE O
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Open to Public
Inspection
Inspection
Name of the organization
MONTANA BEEF COUNCIL
Employer identification number
81-0388133
81-0388133
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT THE FIRST MEETING FOLLOWING THE COMPLETION OF THE 990. IT COULD BE PRESENTED BEFORE IT IS FILED, BUT THE SCHEDULED MEETING DATES USUALLY DO NOT ALLOW VIEWING IT BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY IS OUTLINED ON PAGES 17, 52-57 OF THE MBC POLICY & PROCEDURES MANUAL, UPDATED ANNUALLY. ALL BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO COMPLETE THE "ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT FOR DIRECTORS" FORM. QUESTIONS OR CONCERNS ARE TO BE DIRECTED TO THE EXECUTIVE DIRECTOR OR THE CHAIRMAN OF THE BOARD OF DIRECTORS. AFFIDAVITS AND OTHER INFORMATION IS REVIEWED AND THE EXECUTIVE DIRECTOR AND CHAIRMAN TAKE APPROPRIATE ACTION DEPENDING UPON THE SERIOUSNESS OF THE CONFLICT OF INTEREST, WHICH MAY INCLUDE MEETING WITH THE INDIVIDUAL, IMMEDIATE DISCHARGE OR ASKING THE INDIVIDUAL TO REMOVE HIMSELF FROM THE CONFLICT OF INTEREST SITUATION. THE PROCEDURE IS OUTLINED IN FULL DETAIL IN THE MBC POLICY AND PROCEDURES MANUAL. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE DIRECTOR DOES RESEARCH ON SALARIES AND REPORTS TO THE BUDGET COMMITTEE MEMBERS ON KEY EMPLOYEE PERFORMANCE. THE BUDGET COMMITTEE THEN GOES INTO A CLOSED SESSION AND DECIDES ON A TOTAL SALARY PACKAGE FOR ALL EMPLOYEES. THE PACKAGE IS PRESENTED TO THE BOARD OF DIRECTORS FOR A VOTE OF APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY IS INCLUDED IN THE POLICY AND PROCEDURES MANUAL WHICH WAS UPDATED ON 1/18/2018 AND IS AVAILABLE TO REVIEW PER REQUEST. THE ANNUAL REPORT WAS AVAILABLE ON THE MONTANA BEEF COUNCIL WEBSITE. COPIES OF THE ANNUAL REPORT WERE AVAILABLE AT PRODUCER ORGANIZATION MEETINGS. IN ADDITION, 300 REPORTS WERE DISTRIBUTED THROUGH AUCTION MARKETS, COLLEGE CLASSROOM PRESENTATIONS, INDIVIDUAL REQUESTS AND USED AS OTHERWISE REQUESTED. |
| FORM 990, PART IX, LINE 24E | EDUCATIONAL PROGRAMS: PROGRAM SERVICE EXPENSES 9,777. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,777. BEEF SAFETY & ISSUES MANAGEMENT: PROGRAM SERVICE EXPENSES 9,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,500. DEPTARTMENT OF LIVESTOCK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,839. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,839. EQUIPMENT REPAIRS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,025. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,025. RESEARCH: PROGRAM SERVICE EXPENSES 4,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,000. NATIONAL ORGANIZATIONS - US MEF: PROGRAM SERVICE EXPENSES 3,130. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,130. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,354. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,354. DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 400. INFORMATION-HEALTH PROFESSIONALS: PROGRAM SERVICE EXPENSES -87. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -87. |
| EXPLANATION FOR PRIOR PERIOD ADJUSTMENT ON PART 11 | THE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED SEPTREMBER 30, 2018, HAVE BEEN RESTATED TO CORRECT AN ERROR THAT WAS DETECTED DURING THE AUDIT FOR THE YEAR ENDED SEPTEMBER 30, 2019. DURING THE PREVIOUS FISCAL YEAR, THE COUNCIL ERRONEOUSLY RECORDED A RECEIVABLE AND REVENUE FOR ANTICIPATED EXPENSE REIMBURSEMENTS RELATED TO CONSENTED DOLLARS WHICH WERE NOT REALIZABLE. TO CORRECT THIS ERROR, THE RECEIVABLES AND RELATED REVENUE BALANCES WERE DECREASED BY THE ERRONEOUSLY RECORDED AMOUNT OF $23,012 IN THE SEPTEMBER 30, 2018 FINANCIAL STATEMENTS. THE TOTAL EFFECT ON THE ENDING NET ASSETS AS OF SEPTEMBER 30, 2018, WAS A DECREASE OF $23,012. |
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2018
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