FORM 990, PART VI, SECTION A, LINE 2 |
ROBERT BAUER AND ORLAND BAUER ARE BROTHERS. |
FORM 990, PART VI, SECTION A, LINE 8B |
THE ORGANIZATION HAS NO COMMITTEES WHICH ACT ON BEHALF OF THE GOVERNING BODY. THE BOARD OF DIRECTORS IS THE ONLY GOVERNING BODY. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED. |
FORM 990, PART VI, SECTION B, LINE 12C |
ALL ARE REQUIRED ANNUALLY TO FILL OUT THE CONFLICT OF INTEREST STATEMENT. IT IS THEN REVIEWED BY THE BOARD OF DIRECTORS. |
FORM 990, PART VI, SECTION B, LINE 15 |
THE ORGANIZATION USES AN INDEPENDENT COMPENSATION CONSULTANT. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC UPON REQUEST. |
FORM 990 PART VIII LINE 11A COLUMN D |
DURING THE FISCAL YEAR, THE ORGANIZATION AND THE BONDHOLDERS ENTERED INTO AN AGREEMENT TO MAKE A SETTLEMENT PAYMENT IN EXCHANGE FOR THE SURRENDER OF ALL SERIES 2006 BONDS TO THE TRUSTEES FOR CANCELLATION. THE CANCELLATION OF BOND DEBT CAUSED THE ORGANIZATION TO RECOGNIZE A GAIN ON EXTINGUISHMENT OF DEBT. |
FORM 990, PART XII, LINE 2C: |
THE BOARD OF DIRECTORS ACTS AS THE SOLE GOVERNING BODY. THERE IS NO SPECIAL COMMITTEE THAT SELECTS THE INDEPENDENT ACCOUNTANT OR OVERSEES THE AUDIT PROCESS. THE BOARD ASSUMES ALL RESPONSBILITY OVER THE AUDIT PROCESS. |