L S P Association

“The association is a corporation and each member holds a voting member certificate.”

“The association members vote for the board of directors”

“The membership votes annaully on the budget as well as for money to be spent from reserves.”

“The executive director first reviews the financial statements and tax return in detail and then reviews with the treasurer before approving for finalization.”

“The board of directors and the executive director annually review and enforce compliance with the conflict of interest policy.”

“The board of directors annually review and approve the compensation of the executive director”

“The forms 990 and 990-t are available for inspection upon receipt of a written request.”

“The governing documents, conflict of interest policy and financial statements are available for inspection upon receipt of a written request.”

“Recreation expense: program service expenses 0. Management and general expenses 23,811. Fundraising expenses 0. Total expenses 23,811. Contracted services: program service expenses 0. Management and general expenses 19,243. Fundraising expenses 0. Total expenses 19,243. Rubbish: program service expenses 0. Management and general expenses 15,738. Fundraising expenses 0. Total expenses 15,738. Vehicle expense: program service expenses 0. Management and general expenses 12,389. Fundraising expenses 0. Total expenses 12,389. Telephone: program service expenses 0. Management and general expenses 7,513. Fundraising expenses 0. Total expenses 7,513. Other taxes: program service expenses 0. Management and general expenses 4,270. Fundraising expenses 0. Total expenses 4,270.”

“Process remains the same as in the prior year and no changes have been implemented.”