Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | MEMBERSHIPS IN EITA WILL BE OFFERED TO QUALIFIED ATTRACTIONS, BUSINESSES, GOVERNMENT AGENCIES, AND INDIVIDUALS BASED ON A DUES STRUCTURE ESTABLISHED BY THE BOARD OF DIRECTORS AND APPROVED BY THE MEMBERSHIP. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE ORGANIZATION'S FORM 990 IS REVIEWED AT A MONTHLY BOARD MEETING PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANY BOARD MEMBER WITH A POSSIBLE CONFLICT WILL DISCLOSE TO THE BOARD OF DIRECTORS MATERIAL FACTS REGARDING THE PROPOSED TRANSACTION. THE BOARD THEN DETERMINES IF A CONFLICT EXISTS. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD THEN EXCERCISES DUE DILIGENCE TO DETERMINE IF WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT CAN BE OBTAINED FROM A PERSON WITHOUT A CONFLICT. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE GOVERNING BODY UTILIZES COMPARABLE DATA TO DETERMINE COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI | LINE 8 - DURING THE YEAR ENDED JUNE 30, 2022, IT WAS DETERMINED THAT 3,286 IN UNSPENT GRANT FUNDS FROM THE E-2017 GRANT AND 8,219 IN UNSPENT GRANT FUNDS FROM THE E-2020 GRANT SHOULD HAVE BEEN RECORDED AS REVENUE FOR THE YEAR ENDED JUNE 30, 2017 AND JUNE 30, 2020, RESPECTIVELY, AS THE STATE OF IOWA INFORMED THE ASSOCIATION THAT UNSPENT FUNDS DID NOT NEED TO BE RETURNED SINCE THEY WERE OPERATIONAL GRANTS. AS A RESULT, DEFERRED REVENUE AT JUNE 30, 2021 WAS REDUCED BY 11,505 AND NET ASSETS AT JUNE 30, 2020 WERE INCREASED BY 11,505. |
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