Falls City Economic Development &

“Rod rowland all officers & directors bank officer banking adam morris all officers & directors inv. Rep. Investments kevin malone all officers & directors loan officer banking steve kottich all officers & directors ins. Agent insurance”

“The organization has six levels of members: visionary champion catalyst advocate supporter public investor”

“The organization has members who may elect one or more members of the governing body, which is referred to as the board of directors. At the organization's annual meeting, all members present cast votes for members to be on the board of directors. The selection of members of the board of directors is based on the percentage of members who attend the annual meeting. The board of directors make all decisions of the organization. An executive committee is in place to streamline some of the decision- making process.”

“The executive director compiles information necessary for a local cpa firm to prepare the form 990. The local cpa firm provides monthly bookkeeping services, payroll preparation services, and the year-end form 990 filing. Once the cpa has completed a rough draft of the form 990, it is reviewed with the executive director and a final form 990 is produced. The executive director reviews the 990 with the cpa and they file it with the internal revenue service. The form 990 is then available for inspection upon request by the governing board and all members of the organization.”

“The governing documents and financial statements are made availble to the membership of the organization through a secured website.”

“Contingency funds 51,000 prior period adjustment 209,234 total 260,234”