Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Part VI, Section B, Line 1 | All members of the non-profit LGPA association have voting rights. Yearly elected governing board members each have voting rights to for decisions reserved in the bylaws to the governing body. |
| Part VI, Line 7a | The membership at large non-governing members elects the members of the governing body on a yearly basis to serve 1 to 2 year terms. President Vice President Secretary and Treasurer are elected to 1 year terms. Directors and Sgt. at Arms are elected to 2 years terms. |
| Part VI, Line 8a | Committees appointed by the governing body to focus on assessing and recommending association activities submit meeting minutes to the governing body's Secretary to be voted upon at monthly board and or membership meetings Written actions and decisions are incorporated into the Monthly Secretary's Report. |
| Part VI, Line 11b | A copy of the Form 990 is submitted to the Governing Board of the Association for review during our monthly meeting. The Treasurer reviews the Form entries and Federal Tax to be paid. The Governing Board votes on whether or not the Form 990 should be accepted by the Association and instructs the Treasurer to submit the Form to the IRS. Members of the Association are provided a summary report on the taxes. They each receive a monthly Treasurer's Report during the year that covers all income and expenses of the Association. |
| Part VI, Line 19 | The Association provides a general statement on its organization website stating that the Association's governing documents conflict of interest policy and financial statements are available to the public by submitting a request to the Association via its website. |
| Part VI, Line 1a | | Explanation:| All members of the non-profit LGPA association have voting rights. Yearly elected governing board members each have voting rights to for decisions reserved in the bylaws to the governing body. |
| Part VI, Line 7a | | Explanation:| The membership at large non-governing members elects the members of the governing body on a yearly basis to serve 1 to 2 year terms. President Vice President Secretary and Treasurer are elected to 1 year terms. Directors and Sgt. at Arms are elected to 2 years terms. |
| Part VI, Line 8 | | Explanation:| Committees appointed by the governing body to focus on assessing and recommending association activities submit meeting minutes to the governing body's Secretary to be voted upon at monthly board and or membership meetings Written actions and decisions are incorporated into the Monthly Secretary's Report. |
| Part VI, Line 11a | | Explanation:| A copy of the Form 990 is submitted to the Governing Board of the Association for review during our monthly meeting. The Treasurer reviews the Form entries and Federal Tax to be paid. The Governing Board votes on whether or not the Form 990 should be accepted by the Association and instructs the Treasurer to submit the Form to the IRS. Members of the Association are provided a summary report on the taxes. They each receive a monthly Treasurer's Report during the year that covers all income and expenses of the Association. |
| Part VI, Line 19 | | Explanation:| The Association provides a general statement on its organization website stating that the Association's governing documents conflict of interest policy and financial statements are available to the public by submitting a request to the Association via its website. |
| Part VIII, Line 11a | | Explanation:| The Association received a land preservation credit approved by the Commonwealth of Virginia and sold by Virginia Easement Exchange LLC for the amount entered here as miscellaneous revenue. Proceeds from this Broker and its cost basis is present in a 1099-B form received from this broker. |
| Part IX, Line 11b | | Explanation:| These legal fees where incurred in the preparation of the Conservation Easement for the Association's property for submittal to the Commonwealth of Virginia for approval. |
| Part IX, Line 24a | | Explanation:| This amount is the Commonwealth of Virginia processing fee for the Conservation Easement for the Association's property. |
| Part X, Line 10a | | Explanation:| This amount was the total cost basis for the Conservation Easement. |
| Part X, Line 10b | | Explanation:| This amount of the depreciation subtracted from the Conservation Easement's cost basis. |
| Part XII, Line 1 | | Explanation:| The Association uses a standard cash income and expense accounting system. The Treasurer uses Quicken to track and report on income and expense on a monthly basis. |
| Part VII, Line 1 | | Explanation:| The Association is an all volunteer organization. No governing body members are compensated nor are general members. The Association did not use independent contractors in 2022. |
| Part IX, Line 24b | | Explanation:| The Association repaired and painted the LGPA's Club Hall replaced organization signage and purchased and wired an event calendar board in front of the Hall next to the street to advertise events coming up that are open to the public. |
| Part X, Line 15 | | Explanation:| These are assets carried over from the previous year. |
| Part XI, Line 6 | | Explanation:| LGPA donates use of the Association's Hall to local government and non-profit organization functions. The Hall is also available to the local community for memorial services memorial dinners and similar events. The Association donates the food catering for memorial dinners. We also maintain the little league ball field on our property for the local little league and our farm with lake for scout events. We donate all food catering and landscaping and mowing services for these events. Grocery cards given to Western Loudoun Food Bank to feed local families - $2,000 Food catering donations made for five memorial services - $770 Donation made to Upper Loudoun Little League - $250 Donation made to Lovettsville Girl Scout Troop - $250 Donation made to Lovettsville Boy Scout Troop - $250 Donation of Fishing Derby equipment and bait - $1230 Donation to US Junior Olympic Archery - $1000 Donation of meeting space and food service to government events 0 $2250 |
| Software ID: | |
| Software Version: |