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FORM 990 | PART IX - BUILDING RENOVATION EXPENSES BUILDINGS ARE OWNED BY THE LOCAL SCHOOL DISTRICTS, RENOVATIONS ARE CONSIDERED EXPENSES AS THEY DO NOT IMPROVE THE VALUE OF OR EXTEND THE LIFE OF THE ORGANIZATIONS ASSETS. THE ORGANIZATION IS CONSIDERING THE RENOVATION A "DONATION". THE BUILDING IS PROVIDED BY THE LOCAL SCHOOL DISTRICTS IN ORDER TO ALLOW BUILDING 21 TO PROVIDE EDUCATION. BUILDING 21 IS NOT LEASING THE BUILDING. |
FORM 990, PAGE 6, PART VI, LINE 11B | A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. |
FORM 990, PAGE 6, PART VI, LINE 12C | EACH YEAR, ALL DIRECTORS AND OFFICERS REVIEW THE CONFLICT OF INTEREST POLICY AND SUBMIT A DISCLOSURE STATEMENT DISCLOSING ANY EXISTING CONFLICTS. IN ADDITION, THE BOARD WILL BE NOTIFIED OF ANY POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE. |
FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION IS APPROVED BY THE BOARD BASED ON COMPARABILITY DATA. SHOULD THE OFFICIAL BE A BOARD MEMBER, THEY MAY NOT PARTICIAPTE IN THE TRANSACTION. |
FORM 990, PAGE 6, PART VI, LINE 15B | THE PROCESS USED FOR TOP OFFICIAL IS ALSO BE USED FOR OFFICERS OR KEY EMPLOYEES. |
FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS WILL BE MADE AVAILABLE UPON WRITTEN REQUEST. |
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