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 B, LINE 11B | LSAF GIVES THE AUDIT FIRM THE NECESSARY INFORMATION TO PREPARE THE 990. A DRAFT OF THE 990 IS REVIEWED BY MANAGEMENT, MANAGEMENT REVIEWS THE 990 WITH THE BOARD EXECUTIVE COMMITTEE AND THEN WITH THE FULL BOARD OF DIRECTORS. THE BOARD OF DIRECTORS HAS FINAL APPROVAL OF THE 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL PAYMENTS TO INTERESTED PARTIES ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND ACCOUNTANT, AND IF NECESSARY BY THE BOARD CHAIR. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE AND RECOMMENDS SALARY INCREASES TO THE FULL BOARD. THE SALARY IS BASED ON COMPARISON SALARIES THAT CAN BE FOUND IN THE MINNESOTA COUNCIL OF NON-PROFITS' "SALARY AND BENEFITS SURVEY". THE EXECUTIVE DIRECTOR REVIEWS OTHER KEY EMPLOYEES AND SALARIES ARE BASED ON PERFORMANCE AND SALARY GUIDELINES FOUND IN THE MINNESOTA COUNCIL OF NON-PROFITS' "SALARY AND BENEFITS SURVEY". THIS IS ALSO USED TO UPDATE AN EMPLOYEE SALARY SCHEDULE USED BY SUPERVISORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS ARE REGISTERED WITH THE MINNESOTA SECRETARY OF STATE'S OFFICE, AND ARE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS CAN BE OBTAINED THROUGH FEDERAL, MINNESOTA STATE, OR DUN & BRADSTREET OFFICES. CONFLICT OF INTEREST POLICY MUST BE REQUESTED FROM LSAF. |
| FORM 990, PART IX, LINE 11G | COLLABORATIVE ORGANIZATIONS' SERVICES: PROGRAM SERVICE EXPENSES 95,926. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,926. |
| FORM 990, PART XII, LINE 2C | THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. |
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