The Loop Trolley Company

“The irs form 990 for the organization is prepared on an annual basis by a third party accounting firm. Subsequent to preperation of the return, the former president of the organization's board of directors reviews, approves and signs the irs form 990. The final irs form 990 was due and filed susequent to the dissolution of the organization, whereby there were no remaining directors of the organiation.”

“The organization required all members of the board of directors to sign conflict of interest statements. The conflict of interest statements were collected and reviewed by the officers of the board of directors prior to the dissolution of the organization.”

“The organziation entered into windup activities in 2022 to dissolve the organization, and as of april 2022, no longer had any employees.”

“The organization will provide the irs form 990 as well as other documents that are required to be disclosed to the public upon receipt of a written request for such documents.”

“The organization filed a plan for dissolution and received a certifcation of dissolution from the missouri secretary of state on december 5, 2023. As such, the organization did not have any board members at the end of the tax year. Prior to dissolution, the organization had 8 board members, all of which were independent of the organization, and all of which had voting rights.”

“On december 5, 2023, the organization filed for and received a ceritifcate of dissolution from the missouri secretary of state. The organization was insolvent at the point of dissolution, as the remaining net lialibilities were assumed by the loop trolley transportation development district.”

“Forgiveness of debt and net assumption of liabilities 14,408,438.”