Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part I, Line 8 | Column A (Prior Year) for Lines 8 through 19 is left blank per Form 990 instructins because the organization filed Form 990-EZ(2019) in the prior year. |
| Form 990, Part VI, Section A, Line 6 | The organization has approximently 30 members. |
| Form 990, Part VI, Section A, Line 7a | In May of each year the members of the organization elect all Officers for a term of one year, and elect one half of the Directors for a term of two years. |
| Form 990, Part VI, Section A, Line 7b | The following governance decisions are subject to approval by members: (1) the annual budget, (2) the annual election of Officers and Directors, and (3) any changes in the bylaws. |
| Form 990, Part VI, Section B, Line 11b | The organization used the following process to provide a complete copy of this Form 990, and its Schedules, to all members of the governing body prior to being filed: The proposed fling was e-mailed (without any email notices of address rejection) to each officer and director at least 7 days prior to a scheduled board meeting. At the announced meeting, the 990 filing was an agenda item for review and comment. |
| Form 990, Part VI, Section B, Line 12c | Because the officers and directors are required to annually disclose any conflicts of interest, the organization mails a disclosure declaration to the home address of each officer and director immediately following the annual election of officers and directors in May. The declarations are to be completed and returned to the Treasurer (for retention) before their term of office starts on 1 July. The Treasurer is responsible for reporting to the Board, at the first Board meeting occuring after 1 July, the status of the declarations. |
| Form 990, Part VI, Section C, Line 19 | The organization announces on its website's home page that the Consititution and Bylaws, the Conflict of Interest Policy, and the latest filing of IRS Form 990 are publicly available. The governance documents are accessible by links published on the website. The latest filing of 990 is available upon a written request which provides the name and address of the requester so that a copy can be mailed to the requester. |
| Form 990, Part XI, Line 9 | The "other change in net assets" of $44,120 was the change in the book value of Land and Buildings as reported in Form 990, Part X, Line 10.c. The book value at the beginning of the year, $308,840, was the end of year value reported in the 990-EZ (2019) filing. The rational for determining the book value of land and buildings is based upon the town's tax assessor's public valuation of the property. |
| Software ID: | 20012124 |
| Software Version: | v1.00 |