Return Reference | Explanation |
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Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | OAK TRAIL ESTATES MUTUAL WATER COMPANY IS COMPRISED OF 71 SHAREHOLDERS WHOSE OBJECTIVE IS TO DELIVER WATER FOR DOMESTIC USE AT ACTUAL COST PLUS NECESSARY EXPENSES TO THE SHAREHOLDRES AND TO NO ONE EXCEPT ITS SHAREHOLDERS. |
Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | THE FIVE MEMBER BOARD OF DIRECTORS IS ELECTED BY THE SHAREHOLDERS BY SECRET BALLOT AT THE ANNUAL SHAREHOLDERS MEETING IN MAY OF EACH YEAR. |
Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | ANY CHANGE TO THE OAK TRAILS ESTATES MUTUAL WATER COMPANY BYLAWS REQUIRES A MAJORITY (51%) VOTE OF THE SHAREHOLDERS. |
Form 990, Part VI, Line 11b: Form 990 Review Process | THE BOARD OF DIRECTORS REVIEW THE FEDERAL AND STATE RETURNS WITH THE TREASURER. AFTER THE BOARD'S APPROVAL, THE TREAURER FILES THE RETURNS. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | ALL DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ACTIVE TREASURER. |
Software ID: | 20011551 |
Software Version: | 2020v4.0 |