Return Reference | Explanation |
---|---|
Form 990, Part VI, Section B, Line 11b | A draft of the Form 990 will be reviewed by the President, CEO and Finance Committee and then e-mailed to all members of the governing board prior to filing. |
Form 990, Part VI, Section B, Line 12c | The governing documents specify that each director and officer shall submit an annual statement to the Board of Directors disclosing any financial interest such person may have with respect to any proposed or ongoing Lake View transaction or arrangement. In addition, if any such person becomes aware of a potential conflict of interest, he or she shall promptly notify the chairman of the board of directors and/or the Chief Executive Officer. |
Form 990, Part VI, Section B, Line 15 | The process to determine compensation for top management is established by the Executive Committee of the Association, using comparability data as available. Compensation actions taken annually are approved in writing by the Chairman. Compensation of other employees is reviewed and approved during the budget process. |
Form 990, Part VI, Section C, Line 19 | Current governing documents, conflict of interest policy and financial statements are made available to the public upon request. No such requests were received during fiscal 2023. |
Form 990, Part VII, Section A, Line 1a | Reportable compensation period: all compensation reported is based on calendar 2022 W-2 information, the year end which falls within the Association's fiscal year of November 1, 2022 to October 31, 2023. Relationship with Lake View Cemetery Foundation: The President/CEO and Treasurer/CFO each work full time. This time is split between the Lake View Cemetery Association and the Lake View Cemetery Foundation. All compensation and benefits are paid and reported by the Association. No additional compensation is paid by the Foundation. |
Form 990, Part XI, Line 5 | Investment income earned in pre-need trust is added to deferred revenue liability. See Schedule D, Part XI. |
Software ID: | 22015720 |
Software Version: | v1.00 |