Return Reference | Explanation |
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Unrelated business income explanation Part V line 3b | Insurance claim proceeds were received in the amount of $91,941. This money was received because the golf outing that is scheduled each year was rained out. The non-profit org. had insuance policy for such an unexpexted occurance. |
Members or stockholder classes and rights Part VI line 6 | The Wayne County Sheriff Youth & Senior Education Fund has over 90 board memebers who are active in achiveing the goals fo the association. |
Member election for additional members Part VI line 7a | A board member can recommend a new member to the board at a general board meeting. The board will vote on that new member as well as a back ground check will take place prior to their acceptace to the board. |
Governing body decisions Part VI line 7b | The board members are elected during the general board meeting as long as they are in complicance with the board rules and regulations. |
Form 990 governing body review Part VI line 11 | At the general board meeting the financials and tax returns are presented to the board and reviewed. Once they are accepted their is a motion to accept the reports as presented etc. |
Conflict of interest policy compliance Part VI line 12c | The board requires that each member fill out on an annual basis a confilect of interest form and sign it prior to year end. If their is a conflict of anykind they will be asked to step down and no longer are members for the board. |
Governing documents etc available to public Part VI line 19 | Our 990 form is sent to the State of Michigan and its on the State web-site. The books and records are available upon request of any party. |
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