SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
Minnesota School Boards Association
Insurance Trust
Employer identification number

41-6160028
Return Reference Explanation
Form 990, Part VI, Section A, line 6 Members include Minnesota Independent School Districts and like entities.
Form 990, Part VI, Section A, line 7a Election is held every year and the members of the organization each have a vote.
Form 990, Part VI, Section A, line 8b There are no committees that have authority to act on behalf of the Board.
Form 990, Part VI, Section B, line 11b The draft Form 990 is reviewed by internal finance personnel. Once comments have been addressed, the Form 990 is presented to the Board for approval.
Form 990, Part VI, Section B, line 12c All Board members are covered under the policy. Statements are reviewed at an administration level. If a conflict arises, that individual is required to abstain from voting on the conflict.
Form 990, Part VI, Section B, line 15 Board members, with the exception of the Secretary/Treasurer, receive a stipend for services to the organization.
Form 990, Part VI, Section C, line 19 The organization makes its financial statements available to the public on the Organization's website. The organization's conflict of interest policy and governing documents are not made available to the public.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2020


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