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 4 | MADE SIGNIFICANT CHANGES TO BYLAWS SUCH AS: 1. NAME - THE ORGANIZATION'S NAME DIDN'T CHANGE, BUT THE FOLLOWING WAS ADDED TO REFLECT THE COMMON 'DOING BUSINESS AS' NAME: "THE CORPORATION MAY ALSO BE KNOWN BY ITS ASSUMED BUSINESS NAME OF VALPARAISO EVENTS." 2. LIMITATION OF METHODS - THE ORGANIZATION'S STATUS AS A 501C4 (AND NOT A 501C3) WAS CORRECTED/CLARIFIED. 3. DISSOLUTION - THE ORGANIZATION'S STATUS AS A 501C4 (AND NOT A 501C3) WAS CORRECTED/CLARIFIED. 4. ORIGINAL ARTICLE II - DIVISIONS WAS REMOVED. THIS PREVIOUS ARTICLE ARTICULATED VARIOUS ALLOWABLE DIVISIONS TO HELP CARRY OUT THE ORGANIZATION'S PURPOSE - PHYSICAL, PROMOTIONAL, MARKETING, AND RESOURCE DIVISIONS. THIS ARTICLE WAS REMOVED GIVEN THE JOB DUTIES OF THE ORGANIZATION'S EMPLOYEES (ARTICLE III - SECTION 2 - EMPLOYEES OF THE CORPORATION) COVER THE FUNCTIONS ASSIGNED TO THESE DIVISIONS, THEREFORE IT WAS REDUNDANT. 5. ARTICLE II - MEMBERS: TO ACCURATELY REFLECT THE MANNER IN WHICH THE ORGANIZATION FUNCTIONS, THE ARTICLES REGARDING MEMBERS OF THE ORGANIZATION WERE REMOVED AND IT WAS ADDED THAT "THE MANAGEMENT OF THE ORGANIZATION SHALL BE HANDLED BY ITS BOARD OF DIRECTORS ("BOARD")." 6. ARTICLE III - BOARD OF DIRECTORS - TO ACCURATELY REFLECT THE MANNER IN WHICH THE BOARD OF DIRECTORS IS ELECTED AND NOMINATED, THE SECTION REGARDING ELECTION AND NOMINATION BY THE MEMBERSHIP OF THE CORPORATION WAS REMOVED. 7. ARTICLE III - BOARD OF DIRECTORS SECTION 6 - EXECUTIVE COMMITTEE: A STATEMENT OF THE EXISTENCE OF THE EXECURITVE COMMITTEE, INCLUDING TERMS AND WHAT POSITIONS MAKE UP SAID COMMITTEE, WAS ADDED. 8. ARTICLE IV - MEETINGS OF THE BOARD OF DIRECTORS - SECTION 8 - ELECTRONIC MEETINGS: CAPABILITY TO CONDUCT MEETINGS AND BOARD BUSINESS OVER VIDEO/TELEPHONE CONFERENCING WAS ADDED. 9. ARTICLE VII - FISCAL MANAGEMENT - SECTION 2 - BUDGET: GIVEN THE FINANCIAL CONTRIBUTION THE CITY OF VALPARAISO MAKES TO THE ORGANIZATION, IT WAS ADDED THAT A COPY OF THE BUDGET BE PROVIDED TO THE VALPARAISO CITY ADMINISTRATOR PRIOR TO ADOPTION. THIS IS JUST INFORMATIONAL. THE BUDGET IS ONLY SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS AND NOT THE CITY ADMINISTRATOR. 10. ARTICLE VII - FISCAL MANAGEMENT - SECTION 7 - DISBURSEMENTS: THE THRESHOLD FOR REQUIRING CHECK AUTHORIZATIONS WAS INCREASED FROM $1,000 TO $5,000. 11. ARTICLE VII - FISCAL MANAGEMENT - SECTION 8 - FISCAL YEAR: THE FISCAL YEAR DATES WERE UPDATED TO REFLECT CURRENT ORGANIZATION FUNCTIONS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MAYOR OF VALPARAISO APPOINTS APPROXIMATELY HALF OF THE BOARD OF DIRECTORS |
| FORM 990, PART VI, SECTION B, LINE 11B | IT IS REVIEWED BY THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE REVIEWS ANNUALLY AND SUBMITS TO FULL BOARD FOR APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 18 | IT IS AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | IT IS AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 24E | BEER GARDEN: PROGRAM SERVICE EXPENSES 37,814. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,814. SECURITY: PROGRAM SERVICE EXPENSES 28,218. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,218. LEASE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 24,362. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,362. SOUVENIRS & RAFFLE: PROGRAM SERVICE EXPENSES 18,685. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,685. INFLATABLES: PROGRAM SERVICE EXPENSES 16,423. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,423. PRODUCT: PROGRAM SERVICE EXPENSES 15,802. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,802. FOOD AND ICE EXPENSE: PROGRAM SERVICE EXPENSES 14,864. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,864. SUPPLIES: PROGRAM SERVICE EXPENSES 14,380. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,380. PARKING: PROGRAM SERVICE EXPENSES 14,110. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,110. JANITORIAL: PROGRAM SERVICE EXPENSES 7,854. MANAGEMENT AND GENERAL EXPENSES 1,040. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,894. MOVIES: PROGRAM SERVICE EXPENSES 7,755. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,755. PERMITS: PROGRAM SERVICE EXPENSES 4,286. MANAGEMENT AND GENERAL EXPENSES 904. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,190. VOLUNTEER APPRECIATION: PROGRAM SERVICE EXPENSES 1,802. MANAGEMENT AND GENERAL EXPENSES 3,040. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,842. PARADE EXPENSES: PROGRAM SERVICE EXPENSES 4,619. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,619. HONORARIUMS: PROGRAM SERVICE EXPENSES 4,278. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,278. ANNUAL DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,581. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,581. DONATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,760. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,760. KIDS ACTIVITIES: PROGRAM SERVICE EXPENSES 1,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,000. CASUAL LABOR: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 306. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 306. |
| FORM 990, PART XII, LINE 2C | NO CHANGES FROM PRIOR YEAR. |
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