Middle Monongahela Industrial Development Association Inc

“The board of directors was presented with a draft of form 990 for review and then subsequently gave their final approval for filing.”

“Board members complete and sign a conflict of interest form each year.”

“The organization will provide its form 990 to the public upon request. The form 990 is available for public inspection through the irs.”

“The organization will provide its financial statements to the public upon request.”

“The organization has not changed its process for oversight of the audit or selection of the auditor during the year.”

“When form 990 for the 2022 tax year was filed for the organization, the financial statement audit was not completed. All the changes in the amended return are due to reclassifications and adjustments made during the audit of the financial statements. Form 990 part iii: line 4a, revenue increased $14,432. Form 990 part iv: line 11b was marked no. Form 990 part vi: line 6 and 7a were marked no and explanations were removed from schedule o. Form 990 part vii: todd pappasergi and jeff jones were added to the board as executive members. Form 990 part viii: government grants increased $224,628. Rental income increased $9,264. Miscellaneous income increased $5,168. Other sales of assets other than inventory decreased $2,000. Line 7a(i) increased $245,000. Line 7b(i) increased $228,993. Form 990 part ix: depreciation expense increased $1,471. Office expense increased $1,604. Information technology increased $219. Travel increased $398. Miscellaneous expense increased $659. Fundraising increased $616. Form 990 part x: cash increased $9,504. Savings and temporary cash investments decreased $9,504. Land, buildings and equipment increased $240,614. Accumulated depreciation increased $1,471. Investments decreased $1. Other assets decreased $51,764. Line 11 increased $933,345. Line 12 decreased $933,345. Accounts payable and accrued expenses increased $189,177. Deferred revenue decreased $233,892. Net assets without donor restrictions increased $232,093 form 990 part xi: total revenue increased $237,060. Total expenses increased $4,967. Line 5 decreased $16,007. Net assets or fund balances at the end of the year increased $232,093. Form 990 part xii: line 2b was marked yes and the box for consolidated basis was checked. Line 2c was marked yes. Schedule b: on the previously filed return, sch b was not required. With the addition of government grants on the amended return, contributors over $5,000 were included on sch b. Schedule d part vi: land increased $29,696. Buildings increased $208,418. Equipment increased $2,500. Accumulated depreciation for equipment increased $1,471. Schedule d part vii: mutual funds decreased $1. Schedule d part ix: industrial projects & properties decreased $51,764. Schedule r part ii: "mon valley alliance" was added to column f. Schedule r part v: line 1p was marked no. Line 1m was marked yes. Schedule o: an explanation for 990 part xii line 2c was added.”