Civic Intelligence

Children of the Promise

EIN 41-1896481 • 501(c)3 • Willmar, MN

Profile

SEE NBSP;SCHEDULE NBSP;O

1020 Hwy 71 NE Suite 202Willmar, MN 56201

www.childrenofthepromise.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.07x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.06x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

68th percentile

$51,942

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

18th percentile

-14%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-21%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$870,801

Down $139,782 (-14%) from 2023

Liabilities

Up

$63,336

Up $18,764 (+42%) from 2023

Net Assets

Down

$807,465

Down $158,546 (-16%) from 2023

Revenue

Down

$994,130

Down $260,261 (-21%) from 2023

Expenses

Down

$1,152,676

Down $275,732 (-19%) from 2023

Net Income

Up

-$158,546

Up $15,471 (+8.9%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $832,412Liabilities 2011: $7,996Net Assets 2011: $824,4162011Assets 2012: $1,001,890Liabilities 2012: $17,478Net Assets 2012: $984,4122012Assets 2013: $1,019,585Liabilities 2013: $25,813Net Assets 2013: $993,7722013Assets 2014: $1,090,339Liabilities 2014: $22,537Net Assets 2014: $1,067,8022014Assets 2015: $1,079,605Liabilities 2015: $27,713Net Assets 2015: $1,051,8922015Assets 2016: $1,238,966Liabilities 2016: $33,782Net Assets 2016: $1,205,1842016Assets 2017: $1,157,051Liabilities 2017: $38,352Net Assets 2017: $1,118,6992017Assets 2018: $1,066,985Liabilities 2018: $50,843Net Assets 2018: $1,016,1422018Assets 2019: $1,073,279Liabilities 2019: $41,995Net Assets 2019: $1,031,2842019Assets 2020: $1,364,672Liabilities 2020: $18,292Net Assets 2020: $1,346,3802020Assets 2021: $1,318,055Liabilities 2021: $37,008Net Assets 2021: $1,281,0472021Assets 2022: $1,226,963Liabilities 2022: $49,991Net Assets 2022: $1,176,9722022Assets 2023: $1,010,583Liabilities 2023: $44,572Net Assets 2023: $966,0112023Assets 2024: $870,801Liabilities 2024: $63,336Net Assets 2024: $807,4652024

Highlighted filing

2024

Assets$870,801
Liabilities$63,336
Net Assets$807,465

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $530,4132011Expenses 2012: $887,6322012Revenue 2013: $1,226,631Expenses 2013: $1,113,292Net Income 2013: $113,3392013Revenue 2014: $1,253,676Expenses 2014: $1,179,646Net Income 2014: $74,0302014Revenue 2015: $1,157,114Expenses 2015: $1,173,024Net Income 2015: -$15,9102015Revenue 2016: $1,338,769Expenses 2016: $1,185,477Net Income 2016: $153,2922016Revenue 2017: $1,204,611Expenses 2017: $1,291,096Net Income 2017: -$86,4852017Revenue 2018: $1,305,612Expenses 2018: $1,408,169Net Income 2018: -$102,5572018Revenue 2019: $1,254,893Expenses 2019: $1,239,751Net Income 2019: $15,1422019Revenue 2020: $1,456,289Expenses 2020: $1,141,166Net Income 2020: $315,1232020Revenue 2021: $1,240,203Expenses 2021: $1,305,536Net Income 2021: -$65,3332021Revenue 2022: $1,243,746Expenses 2022: $1,347,821Net Income 2022: -$104,0752022Revenue 2023: $1,254,391Expenses 2023: $1,428,408Net Income 2023: -$174,0172023Revenue 2024: $994,130Expenses 2024: $1,152,676Net Income 2024: -$158,5462024

Highlighted filing

2024

Revenue$994,130
Expenses$1,152,676
Net Income-$158,546

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.87$0.06$0.81$0.99$1.15$0.16
2023Detailed filing. Detailed filing data is available for this year.$1.01$0.04$0.97$1.25$1.43$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.05$1.18$1.24$1.35$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.32$0.04$1.28$1.24$1.31$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.36$0.02$1.35$1.46$1.14$0.32
2019Detailed filing. Detailed filing data is available for this year.$1.07$0.04$1.03$1.25$1.24$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.07$0.05$1.02$1.31$1.41$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.04$1.12$1.20$1.29$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.24$0.03$1.21$1.34$1.19$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.08$0.03$1.05$1.16$1.17$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.09$0.02$1.07$1.25$1.18$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.02$0.03$0.99$1.23$1.11$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.02$0.98$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.01$0.82$0.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2024
Return Version
2024v5.2
Gross Receipts
$994,130
Mission and Program Overview

Mission

Our christ-centered mission is to provide excellent physical, spiritual, emotional, educational & economic care for at-risk children and families in haiti, empowering the most vulnerable and disadvantaged. Vision statement: a healthy, christian home and family for every haitian child. Value statement: joy: joy springs from the love and hope we find in christ. Joy sustains and encourages our work. Family: god desires for every child to devleop within a lving, christ-centered family. Health: cotp views spritual, physical, emotional, & economic well- being intertwined to form a person's complete health. Value: cotp cares for all people as image-bearers of god their creator. Stewardship: serving god well with our finances means proper money management and reliance on god to supply our needs. Relationship: building community with governing bodies, local churches, neighbors, coworkers, and other organizations is core to carrying out god's mission. Discipleship: equipping and encouraging indi

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$696,717$669,405▼ $27,312
Cash and Non-Interest-Bearing Accounts$306,548$194,983▼ $111,565
Accounts Receivable$7,318$6,413▼ $905
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,010,583$870,801▼ $139,782
Liabilities
Accounts Payable and Accrued Expenses$44,572$63,336▲ $18,764
Total Liabilities$44,572$63,336▲ $18,764
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$926,920$796,792▼ $130,128
Net Assets With Donor Restrictions$39,091$10,673▼ $28,418
Total Net Assets Fund Balance$966,011$807,465▼ $158,546
Total Liabilities and Net Assets / Fund Balance$1,010,583$870,801▼ $139,782

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$525,499$481,456$1,004,955
Other Land Buildings$89,993$297,166$387,159
Land--$55,913
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jamie GroenExecutive DirectorFT$51,942$51,942
Ashley SietsemaFinance CoordinatorFT$9,900$9,900

Board Members and Trustees

NameTitle
Sara VanzeePresident
Kurt SteensmaVice President
Esperandieu PierreDirector
Rebekah MinerDirector
Guenson CharlotOfficer
Heidi PenderOfficer
Jenna ThorsonOfficer
Clarence WassinkSecretary
Graeme EsauTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$950,728
Program Service Revenue
$2,991
Investment Income
$124
Other Revenue
$40,287
All Other Contributions
$875,670
Change in Net Assets
$-158,546

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$29,200Fair Market Value
Total Noncash Contributions$29,200-

Audited Revenue Reconciliation

Revenue per Audited Statements
$994,130
Total Revenue per Audited Statements
$994,130
Total Revenue per Form 990
$994,130
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$698,986
Other Expenses$368,168
Total Fundraising Expense$87,729
Grants and Similar Amounts Paid$85,522
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$369,184$93,875$38,667$501,726
Other Employee Benefits$157,083--$157,083
Foreign Grants$85,522--$85,522
Occupancy$55,135$6,600-$61,735
Depreciation Depletion$54,704--$54,704
Payroll Taxes$29,584$7,635$2,958$40,177
Travel$29,397$3,502$310$33,209
Fees for Services Other$22,528$858-$23,386
All Other Expenses$11,137$9,512-$20,649
Fees for Services Accounting$10,919$7,551-$18,470
Other Expenses$14,773-$28,100$14,773
Advertising--$11,060$11,060
Office Expenses$764$1,194$6,634$8,592
Interest$2,838$64-$2,902
Insurance-$475-$475
Total Functional Expenses$933,681$131,266$87,729$1,152,676

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,152,676
Total Expenses per Audited Statements$1,152,676
Total Expenses per Form 990$1,152,676
International Activity

International Summary

Offices
2
Employees
129
Spending
$981,246

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
HaitiProgram ServicesOrphanage1129$744,402
US--10$236,844
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 12C

Enforcement of conflicts policy individual with the potential conflict shall disclose the circumstances to the board chair, executive director or hr representative, who shall determine whether there exists a conflict of interest that is subject to this policy

Part VI, Section C, Line 19

Governing documents disclosure explanation governing documents, financial statements, and other required documents are available upon request at the organizations offices in willmar, mn.

Filing and Contact Details

Filer

Filer Name
Children of the Promise
EIN
41-1896481
Phone
3204412490
Address
1020 HWY 71 NE SUITE 202, WILLMAR, MN 56201

Signing Officer

Name
Sara Vanzee
Title
President
Phone
3204412490
Signed
2024-05-06

Organization Details

Principal Officer
Sara Vanzee
Formed
1998
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
9
Volunteers
50

Preparer

Firm
Go Tax Services
Address
16500 SAN PEDRO AVE SUITE 295, SAN ANTONIO, TX 78232
Preparer
Monica R Leon
Phone
3464061111
Supplemental Narrative

Additional Explanations

990 Part III Line 2

Organizations mission our christ-centered mission is to provide excellent physical, spiritual, emotional, educational amp economic care for at-risk children and families in haiti, empowering the most vulnerable and disadvantaged. Our vision a healthy christian home and family for every haitian child. Joy y relying on joy to sustain and encourage our work. Joy springs from the love and hope we find in christ. Family desiring for every child to develop within a loving, christcentered family. Health viewing spiritual, physical, emotional, amp economic well-being intertwined to form a persons complete health. Value caring for all people as image-bearers of god their creator. Stewardship serving god well with our finances means proper money managment and reliance on god to supply our needs. Relationship building community with governing bodies, local churches, neighbors, coworkers and other organizations is core to carrying out gods mission. Disciplineship equipping and encouraging individuals to reach their full l potential form 990, part v, line 4b - financial accounts in foreign countries haiti form 990, part vi, line 9 - officers who cannot be reached daryl huinink 6192 old log trail kalamazoo, mi 49006 sara vanzee 203 1st st nw orange city, ia 51041 rebekah miner po box 4600 south colby, wa 98384 esperandieu pierre 3170 airmans dr unit 2028/ccc fort pierce, fl 34946 graeme esau 182 dagmar ave ottawa, ca k1l 5t2 kurt steensma 10878 riedell dr kalamazoo, mi 49009-6490 form 990, part vi, line 11b - organizations process to review form 990 form 990 is reviewed by officers before filing. A copy is made available for other board member for their review

Part XI, Line 9

Additional information form 990 part xi line 24b other expenses medical expenses - usd 14,773 security expenses shipping/customs - usd 23,386 bank charges - usd 2,902 7 miscellaneous - usd 20,649

Part XII, Line 2C

There is no change in the oversight process from the last year.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OccupancyGrp/ManagementAndGeneralAmt06600
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IRS990/OccupancyGrp/TotalAmt061735
IRS990/OfficeExpensesGrp/FundraisingAmt06634
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt038667
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt093875
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0501726
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IRS990/PayrollTaxesGrp/FundraisingAmt02958
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02991
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IRS990/PYSalariesCompEmpBnftPaidAmt0737435
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01170838
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01159112
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01426532
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05866492
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0172
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0141
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0127
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0103
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0667
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt050661
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt063499
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt076940
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt080964
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt029757
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IRS990ScheduleA/InvestmentIncomeCYPct00.00010
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IRS990ScheduleA/PublicSupportCY509Pct00.99990
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0994006
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01234337
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01243605
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01240076
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01456289
IRS990ScheduleA/Total509Grp/TotalAmt06168313
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0994130
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01234509
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01243746
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01240203
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01456392
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06168980
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0387159
IRS990ScheduleD/RevenueSubtotalAmt0994130
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IRS990ScheduleD/TotalRevenuePerForm990Amt0994130
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Haiti
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1US
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ORPHANAGE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
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IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
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IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATIONS MISSION OUR CHRIST-CENTERED MISSION IS TO PROVIDE EXCELLENT PHYSICAL, SPIRITUAL, EMOTIONAL, EDUCATIONAL AMP ECONOMIC CARE FOR AT-RISK CHILDREN AND FAMILIES IN HAITI, EMPOWERING THE MOST VULNERABLE AND DISADVANTAGED. OUR VISION A HEALTHY CHRISTIAN HOME AND FAMILY FOR EVERY HAITIAN CHILD. JOY Y RELYING ON JOY TO SUSTAIN AND ENCOURAGE OUR WORK. JOY SPRINGS FROM THE LOVE AND HOPE WE FIND IN CHRIST. FAMILY DESIRING FOR EVERY CHILD TO DEVELOP WITHIN A LOVING, CHRISTCENTERED FAMILY. HEALTH VIEWING SPIRITUAL, PHYSICAL, EMOTIONAL, AMP ECONOMIC WELL-BEING INTERTWINED TO FORM A PERSONS COMPLETE HEALTH. VALUE CARING FOR ALL PEOPLE AS IMAGE-BEARERS OF GOD THEIR CREATOR. STEWARDSHIP SERVING GOD WELL WITH OUR FINANCES MEANS PROPER MONEY MANAGMENT AND RELIANCE ON GOD TO SUPPLY OUR NEEDS. RELATIONSHIP BUILDING COMMUNITY WITH GOVERNING BODIES, LOCAL CHURCHES, NEIGHBORS, COWORKERS AND OTHER ORGANIZATIONS IS CORE TO CARRYING OUT GODS MISSION. DISCIPLINESHIP EQUIPPING AND ENCOURAGING INDIVIDUALS TO REACH THEIR FULL L POTENTIAL FORM 990, PART V, LINE 4B - FINANCIAL ACCOUNTS IN FOREIGN COUNTRIES HAITI FORM 990, PART VI, LINE 9 - OFFICERS WHO CANNOT BE REACHED DARYL HUININK 6192 OLD LOG TRAIL KALAMAZOO, MI 49006 SARA VANZEE 203 1ST ST NW ORANGE CITY, IA 51041 REBEKAH MINER PO BOX 4600 SOUTH COLBY, WA 98384 ESPERANDIEU PIERRE 3170 AIRMANS DR UNIT 2028/CCC FORT PIERCE, FL 34946 GRAEME ESAU 182 DAGMAR AVE OTTAWA, CA K1L 5T2 KURT STEENSMA 10878 RIEDELL DR KALAMAZOO, MI 49009-6490 FORM 990, PART VI, LINE 11B - ORGANIZATIONS PROCESS TO REVIEW FORM 990 FORM 990 IS REVIEWED BY OFFICERS BEFORE FILING. A COPY IS MADE AVAILABLE FOR OTHER BOARD MEMBER FOR THEIR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICTS POLICY INDIVIDUAL WITH THE POTENTIAL CONFLICT SHALL DISCLOSE THE CIRCUMSTANCES TO THE BOARD CHAIR, EXECUTIVE DIRECTOR OR HR REPRESENTATIVE, WHO SHALL DETERMINE WHETHER THERE EXISTS A CONFLICT OF INTEREST THAT IS SUBJECT TO THIS POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS DISCLOSURE EXPLANATION GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND OTHER REQUIRED DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATIONS OFFICES IN WILLMAR, MN.

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