Return Reference | Explanation |
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Form 990, Part VI, Section A, line 6 | The Association of Illinois Electric Cooperatives is a not-for-profit membership organization whose members have voting rights. |
Form 990, Part VI, Section A, line 7a | All Board members are chosen by the Association members. |
Form 990, Part VI, Section B, line 11b | The Board members of the Association of Illinois Electric Cooperative review the Form 990 prior to it being filed. |
Form 990, Part VI, Section B, line 12c | The Board monitors and enforces compliance with the conflict of interest policy through an annual written disclosure. |
Form 990, Part VI, Section B, line 15a | The compensation for the Chief Executive Officer is determined by the Board's compensation committee. The committee compares the compensation amount with comparable salary data for similar state association Chief Executive Officers. |
Form 990, Part VI, Section C, line 19 | The organization does not publish their governing documents, etc. for the public; however, they are available upon request. |
Form 990, Part XI, line 9: | Additional capital contribution from members 275,000. Amortization of members' building fund -9,456. Change in accumulated comprehensive income -324,042. |
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