The District Inc

“District members vote to elect the directors each year. We hold an annual meeting for all members, held in january, at which the elections are counted and voted on. Members may be called upon to vote on something significant.”

“At the annual meeting, a list of potential persons willing to serve on the board was provided to all members. Each member business is entitled to one vote. A vote was taken at the annual meeting to approve the board.”

“The board of directors has the authority to vote and approve decisions. The board is comprised of people who represent the various business type make-up of the members as a whole, so that all business types have a voice. (i.e., arts, hospitality, service, retail, etc.)”

“A copy of the form 990 will be provided to the organization's governing body before it is signed and filed by the board's treasurer.”

“The conflict of interest policy only applies to staff. The organization does monitor and enforce compliance with the conflict of interest policy for staff. Staff meetings are held monthly and include the district, dari and growth - the other two not-for profits that are housed in our building and operate under the direction of the president of renaissance rock island. Staff members are required to present updates on their activities. The president would address any potential conflicts, should something appear.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Security/gate personnel: program service expenses 5,895. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,895. Production: program service expenses 5,215. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,215. Supplies: program service expenses 4,728. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,728. Beverage costs: program service expenses 3,564. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,564. Clean up: program service expenses 1,100. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,100. Office equipment: program service expenses 208. Management and general expenses 0. Fundraising expenses 0. Total expenses 208.”

“Volunteerism is the foundation for every successful event. During the year, the district inc, utilized approximately 30 volunteers to help put on community events. These volunteers work a cumulative total of approximately 120 hours. This equates to a value of $2,962.80 based on the estimated dollar value of volunteer time for 2017 ($24.69 per hour). Utilization of volunteers reduces operating wages and salaries, thereby creating more profit from gate receipts. In addition, volunteering fosters a sense of involvement within the community.”