| Return Reference | Explanation |
|---|---|
| Organizational document changes Part VI line 4 | In 2025 the Board of Directors of Omak Stampede Inc. approved the change from a fiscal year ending October 31 to a calendar year ending December 31. The short-year return (Nov 1Dec 31, 2024) has been filed, accepted, and recorded by the IRS. The organization has now officially adopted the calendar year as its tax year. |
| Member election for additional members Part VI line 7a | Member holds elections to selects new members or replaces existing ones to ensure fair representation and maintain its dynamic structure. Elections are typically based on established criteria, allowing members to vote for those who best contribute to the organizatons mission. |
| Form 990 governing body review Part VI line 11 | The Form 990 is reviewed by the Executive Committee prior to filing. The committee ensures that all information is accurate and complete, and any necessary adjustments are made. This review process helps ensure compliance and transparency before the return is submitted. |
| Conflict of interest policy compliance Part VI line 12c | The organization has a Conflict of Interest Policy requiring board members, officers, and key employees to disclose potential conflicts. Conflicts are monitored regularly, and if identified, the individual will not participate in any decisions involving the conflict. Annual disclosure forms are completed, and the Board reviews them to ensure compliance with legal and ethical standards. |
| CEO executive director top management comp Part VI line 15a | The compensation for the CEO/Executive Director/Top Management is determined by the Boards Compensation Committee, which ensures the salary is competitive and in line with similar organizations. The committee uses data from industry surveys and comparable organizations to assess compensation. The package includes base salary, performance bonuses, and benefits like health insurance and retirement contributions. All compensation decisions comply with federal and state regulations, are approved by the Board, and are reported on Form 990. |
| Other officer or key employee compensation Part VI line 15b | The compensation for office and key employees is set by the Board or Compensation Committee, based on the individuals role, performance, and industry benchmarks. The Board ensures that compensation is reasonable by reviewing market data, salary surveys, and similar organizations Form 990 filings. The package includes base salary, performance bonuses, and benefits, and is reviewed regularly to remain competitive and aligned with the organizations financial situation. |
| Form 990 availability to public Part VI line 18 | https://apps.irs.gov/app/eos/ https://www.guidestar.org/search Organizations Website |
| Governing documents etc available to public Part VI line 19 | See 017 Expanation. |
| List of other fees for services expenses Part IX line 11g | Please refer to overflow pages |
| List of other expenses Part IX line 24e | Please refer to Overflow Pages |
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