Veterans of Fgn Wars Ohio Post 5532

“Vfw post 5532 has members, not stockholders. Members in good standing each have one vote.”

“Members elect all of the trustees and officers of the governing body.”

“Meetings of the governing body are held monthly and are open to all members. All actions are approved by membership vote.”

“Minutes are taken at each monthly meeting. Those minutes are read and approved at the following monthly meeting.”

“Committees do not have the authority to act on behalf of the governing body. All committee actions must be approved at the regular monthly membership meeting.”

“Form 990 is presented to and reviewed by the governing body at the regular monthly membership meeting prior to filing.”

“At the annual election of officers in may all members of the governing body sign a code of ethics acknowledgment after they have read the code which contains the conflict of interest policy, disclosures of conflicts and disclosure of related interests that could give rise to conflicts.”

“The quartermaster receives $9000. Any change would be approved at the monthly membership meeting, and the quartermaster would abstain from voting.”

“The salary for the manager of the canteen is voted on at the regular monthly meeting of members. Any member related to the manager abstains from the vote.”

“Conflict of interest and other policies are posted on the bulletin board for public inspection. All other documents are made available at the post whenever requested for inspection by the public.”

“Part i line 1 and part iii line 1: the organization's primary exempt purpose and mission is to provide a post for past or present members of the armed forces of the united states, to promote the social welfare of the community, to assist the disabled and needy war veterans and their families, to provide entertainment, care and assistance for the hospitalized veterans, to perpetuate the memory of deceased veterans, to comfort their survivors, to conduct programs for religious, charitable, scientific and educational purposes, to sponsor or participate in patriotic activities and to provide social and recreational activities for our members . . Part iii line 4: the operation of the organization's recreational and dining facilities for its members is the largest exempt purpose achievement by expenses, but because it includes the sale of inventory the irs regulations require it to be reported in part viii line 10 rather than in part iii line 4. Description of the exempt purpose achievement = canteen - to provide social and recreational activites for our members and their families and to promote the social welfare of the community; expenses $216,724, revenue $136,926. . Gross income from gaming in part viii line 9a is the amount received by this vfw post 5532. That is, the gross revenue on schedule g part iii of 360,756 less the cash prizes on schedule g line 2 of 245,346 equals the gross income from gaming to the post of 115,410 shown on line 9a of part viii.”