Inter-Cooperative Exchange

“Louie Lowenberg (President) and Craig Lowenberg(board member) - business and family relationshipKevin Kaldestad (board member) and Tom Suryan (alternate board member) - business relationship”

“The organization has a single class of members. The members are grouped into voting districts. Each voting district elects a single Delegate to represent its members in all matters requiring vote, consent or approval of the members (with the sole exception of the appointment of the district's Delegate).”

“During the fiscal year ended June 30,2018 there were no committees with authority to act on behalf of the governing body.”

“The board members receive a copy of the Form 990 for review before filing.”

“Disclosure is made on at least an annual basis via email or other appropriate correspondence between the Association and Covered Officials (described below). Disclosure is shared with the Association's Board of Directors, which may take such further action it deems appropriate. In addition, any relationship or circumstance that is created or arises in the interim is disclosed to the Board President and Executive Director as soon as possible.Covered officials include the board of directors, officers and key employees.Once a conflict of interest arises, in addition to disclosure, the person with the conflict should use their best judgment as to whether and to what extent they should recuse themselves from deliberations, voting, decision-making, and other participation with respect to the matter at issue, and whether they should resign from an office or position. In making this determination, the best interests of the Association should be the sole criteria. The Board of Directors may require full or limited recusal or other measures, including resignation from an Association office or position.”

“Governing documents are made available upon request.”