Genesee County Agricultural Society

“The Manager and a Director Emeritus have a family relationship. The Manager, Christian Miller, is the son Dr. Chris Miller, Director Emeritus.”

“The organization is incorporated on a membership basis and has one class of members. All members have the right to attend the annual meeting, to cast a vote to elect Directors, and to receive annual reports from officers and standing committees. In addition, members have the right to attend special meetings of the membership, to vote on the stated business of the special meeting, and to vote on any proposed amendments of bylaws.”

“The members have the right to elect Directors at the annual meeting of the organization.”

“The members have the right to approve any sale or purchase of real estate proposed by the Board of Directors, such vote to occur at a special meeting of the membership called for the stated purpose of selling or purchasing said real estate.”

“A copy of the 2024 Form 990 was presented to each member of the Board of Directors several weeks prior to its filing with the IRS. No formal review of the prepared Form 990 was or will be conducted.”

“The organizations practice is to ensure that any compensation arrangement involving board members, officers or the manager be established pursuant to a process that satisfies the rebuttable presumption procedure available for section 53.4958-6(a) excess benefit transaction tax purposes. This process involves approval of the compensation arrangement by an authorized decision making body composed of persons having no confilict of interest, use of appropriate data regarding comparability, and contemporaneous documentation of the basis for its determination.”

“See response to Part VI, Line 15a.”

“The organization makes its governing documents (such as bylaws) and its financial statements available to the public by providing an opportunity for inspection of the documents at the organizations office and by providing copies upon request.”

“See attached Overflow Statement for a listing of Other Expenses.”