Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents | BYLAWS WERE UPDATED IN FY2019 THAT CLARIFIED THAT WHILE BOARD MEMBERS ARE TO SERVE FOR A PERIOD OF THREE YEARS OR UNTIL A SUCCESSOR IS ELECTED, NO MEMBER IS TO SERVE MORE THAN THREE CONSECUTIVE THREE YEAR TERMS.THE MBIC BOARD ALSO ENACTED A BYLAW CHANGE THAT NO MEMBER WILL SERVE MORE THAN SIX CONSECUTIVE TERMS FOR THE LIVESTOCK MARKETING AND DAIRY INTERESTS. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | EXECUTIVE DIRECTOR REVIEWS BEFORE SENDING |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | EXECUTIVE MANAGEMENT COMPENSATION REVIEWED AND APPROVED BY BOARD |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | EXECUTIVE DIRECTOR COMPENSATION REVIEWED AND APPROVED BY BOARD |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | INFORMATION AVAILABLE UPON REQUEST |
| Software ID: | 18007218 |
| Software Version: | 2018v3.1 |