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
IOWA LAKES CORRIDOR DEVELOPMENT COR
 
Employer identification number

42-1484176
Return Reference Explanation
FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS COMPLETED BY AN INDEPENDENT PAID PREPARER AND SUBMITTED TO THE CEO AND PRESIDENT FOR REVIEW. CEO AND PRESIDENT ALONG WITH BOARD OF DIRECTORS REVIEW BEFORE SUBMISSION.
FORM 990, PAGE 6, PART VI, LINE 12C IF ANY BOARD MEMBER CONCLUDES THAT THEY HAVE A CONFLICT OF INTEREST, THEY SHALL DECLARE THEIR CONFLICT FOR REFLECTION IN THE MINUTES AND SHALL NOT PARTICIPATE OR VOTE WITH REGARD TO THE ISSUE FOR WHICH THEY HAVE A CONFLICT. THE BOARD MAY ALSO CONCLUDE THAT ONE OF ITS MEMBERS HAS A CONFLICT. SUCH A DECISION OF THE BOARD SHALL BE REFLECTED IN THE MINUTES, AND THE BOARD MEMBER DETERMINED TO HAVE A CONFLICT SHALL NOT PARTICIPATE OR VOTE AS TO THAT ISSUE.
FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT AND CEO ARE HIRED BY THE BOARD OF DIRECTORS. THE PRESIDENT AND CEO ARE RESPONSIBLE FOR HIRING OF ALL EMPLOYEES. ALL BENEFITS ARE DETAILED IN THE PERSONNEL POLICIES WHICH ARE APPROVED BY THE BOARD OF DIRECTORS, BENEFITS AND SALARY FOR THE PRESIDENT AND CEO ARE DETERMINED EACH YEAR BY THE BOARD OF DIRECTORS AND THEIR DECISIONS ARE MAINTAINED IN THE PRESIDENT AND CEO'S PERSONNEL FILE.
FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT AND CEO ARE HIRED BY THE BOARD OF DIRECTORS. THE PRESIDENT AND CEO ARE RESPONSIBLE FOR HIRING OF ALL EMPLOYEES. ALL BENEFITS ARE DETAILED IN THE PERSONNEL POLICIES WHICH ARE APPROVED BY THE BOARD OF DIRECTORS, BENEFITS AND SALARY FOR THE PRESIDENT AND CEO ARE DETERMINED EACH YEAR BY THE BOARD OF DIRECTORS AND THEIR DECISIONS ARE MAINTAINED IN THE PRESIDENT AND CEO'S PERSONNEL FILE.
FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990 ARE AVAILABLE UPON REQUEST. AN ANNUAL REPORT IS PREPARED AND DISTRIBUTED TO ALL MEMBERS/INVESTORS AND 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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