Minnesota Bicycle Festivals Inc

“Draft form 990 completed & provided to the board of directors for review & comment. After comments by the directors, comments are incorporated as needed in final draft. Draft reviewed by directors and approved in minutes for filing.”

“Board of directors are required to review conflict of interest policy annually and disclose any conflicts or potential conflicts of interest. Directors are also required to disclose any potential conflicts of interest during each board meeting.”

“Ceo, executive director and top management compensation, if any, is determined by comparison with other entities of similar size & function; it is also determined by job duties and annual job reviews.”

“Other officers and key employee compensation, if any, is determined by comparison with other entities of similar size & function; it is also determined by job duties and annual job reviews.”

“Governing documents, and any changes thereto as approved by the directors are available to the public upon request.”

“The primary exempt purpose is to facilitate healthy lifestyles through the organization & operation of bicycle competitions and to use such competitions to promote bicycle eduction programming offered to all cyclists and to help support tax exempt entities.”

“Composite team expenses 14,893 0 0 technical services 14,350 0 0 race officials 9,620 0 0 volunteers 9,233 0 0 catering 300 0 5,083 equipment rent 4,985 0 0 supplies 4,834 0 0 port-a-potties 4,692 0 0 design 0 0 3,775 announcer 3,000 0 0 miscellaneous 0 338 2,588 donations 2,725 0 0 communications 2,547 0 0 music entertainment 2,250 0 0 beer garden expenses 1,506 0 0 consulting 1,436 0 0 dues 0 784 0 fuel 707 45 0 merchandise 0 0 399 marketing 351 0 0 bank service fees 0 342 0 banners 0 0 339 credit card fees 0 306 0 promotional events 0 0 200 filing fees 0 75 0 velodrome prizes -520 0 0 total 76,909 1,890 12,384”