Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | CLASSES OF MEMBERS: MEMBERS OF THE COUNCIL SHALL BE OF THE FOLLOWING CLASSES: ACTIVE MEMBERS, PARTICIPATING MEMBERS AND SUPPORTING MEMBERS. MEMBERSHIP APPLICATIONS - ANY ENTITY OR PERSON MAY APPLY FOR MEMBERSHIP IN THE COUNCIL BY WRITTEN APPLICATION TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS SHALL DETERMINE THE CLASS OF MEMBERSHIP FOR EACH APPLICANT. |
| FORM 990, PART VI, SECTION A, LINE 7A | VOTING RIGHTS - THE VOTING RIGHTS OF ACTIVE MEMBERS AND PARTICIPATING MEMBERS ARE AS HERE IN PROVIDED AND LIMITED. SUPPORTING MEMBERS HAVE NO VOTING RIGHTS. ANNUAL MEETING - A MEETING OF THE ACTIVE MEMBERS SHALL BE HELD ANNUALLY ON A DATE AND AT A LOCATION DETERMINED BY THE BOARD OF DIRECTORS FOR THE PURPOSE OF ELECTING DIRECTORS AND CONDUCTING ANY OTHER REQUIRED BUSINESS. PARTICIPATING MEMBERS - THE VOTING RIGHTS OF PARTICIPATING MEMBERS IS LIMITED TO THE ELECTION OF MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | SPECIAL MEETINGS - SPECIAL MEETINGS OF THE ACTIVE MEMBERS MAY BE HELD ON A DATE AND AT A LOCATION DETERMINED BY THE BOARD OF DIRECTORS FOR ANY PURPOSE. AMENDMENTS TO THE BY-LAWS - THE BY-LAWS MAY BE AMENDED BY A MAJORITY VOTE OF THE ACTIVE MEMBERS AT A MEETING AT WHICH A QUORUM IS PRESENT, PROVIDED THAT THE NOTICE OF THE MEETING AT WHICH ACTION IS TO BE TAKEN DESCRIBES THE PROPOSED AMENDMENT. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF FORM 990 WAS NOT PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | NEBRASKA COO0PERTIVE COUNCIL REQUIRES THAT ALL BOARD MEMBERS AND THE PRESIDENT SIGN AND DATE THE DOCUMENT ACKNOLWLEDGING CONFLICTS OF INTEREST THAT HAVE OR COULD CONTRIBUTE TO A CONFILCT OF INTEREST. TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY, THE DOCUMENT,'CONFIDENTIALITY AND CONFLICTS OF INTEREST ACKNOWLEDGEMENT', IS DISTRIBUTED ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS DO AN ANNUAL REVIEW OF THE PRESIDENT AND COMPENSATION IS DETERMINED DURING THE NOVEMBER BOARD OF DIRECTOR MEETING. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION PROVIDES A COPY OF THE FINANCIAL STATEMENTS TO THE MEMBERS AS PART OF THE ANNUAL MEETING AND INCLUDES A DISCUSSION OF THE REPORT TO THE FULL MEMBERSHIP IN A NEWSLETTER. GOVERNANCE DOCUMENTS ARE AVAILABLE TO REVIEW BY INQUIRY. |
| PART XII, LINE 2C | THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS IN ITS OVERSIGHT OR SELECTION PROCESS OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEARS . |
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