Retired School Employees of St Louis

“Explanation of filing delay follows: In late April former Treasurer, Madeleine Schmidt, brought partial financial information (incomplete P&L) for preparer. Documentation was inconsistent with prior years and did not include balance sheet. Numerous attempts were made to contact her, leaving voice messages. Preparer filed an automatic extension prior to May 15, 2015. When further attempts were unsuccessful in contacting Ms Schmidt, an attempt was made to visit her home. In October a neighbor informed us that she had passed away in June.In early November we were able to contact the President of the organization and subsequently put in contact with the Assistant Treasurer, Mabel Niemann. On November 14, 2015 I met with two members of the audit committee to assess the situation. Upon assembly of financial records from bank statements, the current Form 990-EZ has been compiled and is consistent with prior years; which,due to activities of the organization, would be expected. As the result of audit committee work regarding prior years, an adjustment has been made on Line 20 to conform books, IRS reporting and actual bank records.Based upon prior untimely death of the Treasurer, we are herewith requesting acceptance of this delayed filing. Further, due to unforeseen circumstances, we are requesting abatement of any penalties that might otherwise be assessed.”

“Description AmountEntertainment 600Hall Rental 664Meals & Entertainment 7,311Membership Expense 726Business Expense 1,397Bank Statement Fees 24Postage 853Pres Business Expenses 1,547Tax Preparation 270”

“Description AmountAudit Committee Reconciliation (2,331)”