Laurel Arts Inc

“Form 990 upon completion is reviewed by the president of the board, a copy of the form is made available to board members for their review. The president signs the necessary forms and the return is mailed, or efiled.”

“Annually each director, principal officer and members of committees with board delegated powers must sign a statement, stating that they 1) received a copy of the conflict of interest policy; 2) have read & understand the policy; 3) agrees to comply with the policy; and 4) understands that the organization is a charitable organization & to maintain its federal tax-exempt status must engage in activities which accomplish its tax-exempt purpose.”

“The board periodically reviews activities that could jeopardize its tax-exempt status. At a minimum, reviews include 1) compensation arrangements & benefits are reasonable, based on competent survey information, and the result of arm's length bargaining; and 2) arrangements between the organization and interest parties conform to written policies, are properly recorded, reflect reasonable investment and payment for goods & services for similarly qualified persons, further the organization's charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. All deliberations and decisions have comtemporaneous written documentation.”

“All documents that are required to be available for public inspection are maintained at the organization's main office. Upon request, the documents are made available.”

“OTHER PROGRAM SERVICES 4: Additional program services consist of providing information to members on the arts; in conjunction with local schools provide art related classes; at the beginning of the Christmas season conduct the first night of Christmas that begins the Christmas craft shoppe featuring the artistry of regional artists and craftsmen; maintain a permanent art collection. OTHER PROGRAM SERVICES 5: The gallery at the Dressler Center showcases student artists, local and non-local artists OTHER PROGRAM SERVICES 6: Laurel Arts offer various classes in the arts and health wellness throughout the year.”