Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 2 | The organization took on significant economic recovery responsibilities during the COVID pandemic, as a federal subcontractor in the management and distribution of CARES Act money in the form of direct grants, marketing, and consumer confidence initiatives in Spokane County. |
| Form 990, Part III, Line 3 | Our Start-Up program previously included the management of a co-working space for new business owners, as well as aspiring business owners. While the organization continues to support start-up initiatives, we have discontinued the management and operation of a co-working space. |
| Form 990, Part VI, Section A, Line 6 | Subject to the approval of the Board of Trustees, all persons, businesses, firms and corporations interested in the pursuit of a health business climate and the general welfare of the Spokane region shall be eligible for regular membership. Members shall consist of all persons, firms and corporations who shall contribute the membership dues determined for a particular year by the corporation's Board of Trustees. The Board of Trustees shall establish a minimum membership dues rate which shall be identified as the lowest annual investment. |
| Form 990, Part VI, Section A, Line 7a | The bylaws delineate the timing and process by which members elect board members, and by which the board members elect the officer positions within the board of trustees |
| Form 990, Part VI, Section B, Line 11b | The document is reviewed by the CEO, and made available to all members of the Finance Committee for comment and questioning prior to submittal |
| Form 990, Part VI, Section B, Line 12c | In addition to providing a written statement of compliance to the conflict of interest policy, at the beginning of each policy discussion, a call is made to identify those who may have reason to recuse themselves from discussion and voting on the matter. |
| Form 990, Part VI, Section B, Line 15 | The CEO review involves a self-assessment, a review which is managed by the Board Chair with input from a subset of the Executive Committee members and select staff, a review of the job description, a review of comparative salary data, a sit-down discussion of the findings and a final written summary of the process, findings, and any salary or bonus changes. |
| Form 990, Part VI, Section C, Line 19 | The Form 990, financial statements, and policies are made available upon request, such as when required for application for a contract or grant. |
| Form 990, Part XI, Line 9 | Set up Innovia Community Foundation Balance: Was not reported on the balance sheet in prior periods, but should have been. |
| Software ID: | 20012124 |
| Software Version: | v1.00 |