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FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE 990 IS PROVIDED TO THE AUDIT/FINANACE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO FILING. HOWEVER, A PREVIEW BY THE FULL BOARD DOES NOT OCCUR. |
FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTERST POLICY IS REVIEWED ANNUALLY FOR COMPLIANCE AND RELEVANCE. |
FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION OF THE KEY EMPLOYEE AND APPROVES ANNUAL COMPENSATION. |
FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS AND ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE. |
FORM 990, PART X11, LINE 2C | THE FINANCE COMMITTEE SELECTS THE AUDIT FIRM AND OVERSEES THE AUDIT. |
FORM 990, PART XI, LINE 8 | PRIOR PERIOD ADJUSTMENTS RELATE TO PPP LOAN PROCEEDS OF $523,000 RECOGNIZED AS INCOME FOR GAAP PURPOSES IN THE PRIOR YEAR FINANCIAL STATEMENTS SUBSEQUENT TO THE FORM 990 BEING FILED. ADDITIONALLY, AN INVENTORY ADJUSTMENT OF $16,538 FOR FYE 20 WAS DISCOVERED SUBSEQUENT TO THE FORM 990 BEING FILED. |
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