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 1a | The Organization has an Executive Committee which is comprised of the President, Vice President, and the Secretary - Treasurer. The Executive Committee makes decisions on issues which the Board of Directors has delegated to them. They only act on issues that arise between regular board meetings. |
| Form 990, Part VI, Section A, line 3 | The Organization has entered into a management agreement with Coleman Associates, Inc., a company 100% owned by the Organization's Executive Director, Barry Coleman. The agreement provides for operational management of and marketing for the Organization. The contract commenced on January 1, 2021 and terminates on December 31, 2023. Total compensation paid by Coleman Associates to Barry Coleman for the calendar year ended December 31, 2021 was $98,000. Compensation can be further broken down to $80,000 in salary and $18,000 in retirement and other benefits. |
| Form 990, Part VI, Section A, line 6 | The Organization has three types of memberships: Producer Members - This group is required to pay an annual fee of $40 and shall include any growers who are actively involved in farming, and who have an interest in canola. Industry Members - This group is required to pay an annual fee of $100 and shall include any business, organization or individuals, which have an interest in canola and the betterment of the canola industry. Agency Members - this group is required to pay an annual fee of $10 and shall include any nonprofit organization or government agency or employees of one of these agency members, which have an interest in canola and the betterment of the canola industry. |
| Form 990, Part VI, Section A, line 7a | Each member shall be entitled to one vote on each matter at any meeting of the members. For partnerships, companies, or corporations, one individual must be designated as a voting member. No voting by proxy or mail will be permitted. |
| Form 990, Part VI, Section A, line 7b | All amendments, alterations, or repeal of the Bylaws must be adopted by a majority of the members present at any annual meeting or any special meeting, if at least 10 days written notice is given of intention to alter, amend, or repeal or to adopt new bylaws at such meeting. |
| Form 990, Part VI, Section B, line 11b | The draft of the Form 990 will be first reviewed by the Executive Director and then an electronic copy will be distributed to the board for their review prior to filing the Form with the IRS. |
| Form 990, Part VI, Section B, line 15 | The Organization's Executive Director, Barry Coleman, is compensated by Coleman Associates, an unrelated management company. |
| Form 990, Part VI, Section C, line 19 | The organization will provide the governing documents upon request to the public or membership. |
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