Seed Committee Inc

“Members are the individual communities within hamilton county that voluntarily pay grants to the organization. Each member has the same rights. The individual community members elect the members of the governing body and those members vote on the significant decisions of organization.”

“Upon completion of the form 990, a copy is presented to the executive director and the executive director has the responsibility to present the completed form 990 to the governing board. If any questions arise that cannot be answered by the executive director, they are presented to the form 990 preparer and responded to promptly.”

“Each voting representative from the member communities is required to sign a statement regarding conflict of interest policy. These statements are retained by the organization and reviewed annually to ensure they are kept current.”

“Compensation of the executive director is reviewed annually by the governing board. The executive officers review the executive directors salary and compare that to similar positions in the midwest area for determination of any salary adjustments. These recommendations are taken to the governing body for approval. The executive directors salary is reviewed on an annual basis with any changes to take effect at the beginning of the fiscal year (july 1).”

“All financial statements, tax returns, governing documents and conflict of interest policies are available for public inspection at the offices of the organization located at 2300 superior street suite 3, webster city, iowa during office hours of 8:00 am to 5:00 pm.”

“Entity was formally disolved and all remaining assets were distributed to the county of hamilton county iowa for disbursement to appropriate governmental agencies for the continuation of the charitable use of funds”