Umkc Trustees

“The following family relationships between board members are listed below: hugh zimmer (deceased) and ellen darling (deceased) - father and daughter ken baum and jon baum - father and son henry bloch (deceased) and tom bloch - father and son neil sosland and charles sosland - uncle and nephew the following business relationships with board members are listed below: umkc trustees has retained lathrop gpm as legal counsel - joel voran, a partner with that firm, is a member of the board umkc trustees has retained copaken brooks as its real estate management company - keith copaken, a principal with that firm, is a member of the board umkc trustees has an account with commerce bank - scott boswell, who is the western region president of commerce trust company, is a member of the board”

“The organization uses copaken brooks and cohen esrey for the management of rental properties.”

“The form 990 is prepared by an outside independent accountant and presented to the vice chair of finance/treasurer and the entire finance committee. They officially approve the 990 before it is distributed for review by other officers. A deadline is established in advance of the filing deadline to ensure all board members have an opportunity to provide feedback.”

“Annually the governance committee reviews all potential conflicts of interest reported by members of the board. Those conflicts are disclosed to the appropriate committee with oversight of the area of potential conflict. That particular committee is then tasked with monitoring the disclosed potential conflict. Any concerns from that committee are brought to the governance committee to address.”

“The organization makes its governing documents and financial statements available to the public upon request from umkc trustees office at 816-235-1590.”

“ROUNDING 1.”

“The organization's finance committee assumes responsibility for the oversight of the audit, of its financial statements and selection of an independent accountant. There has been no change from prior years.”

“Section 1.263(a)-1(f) de minimis safe harbor election umkc trustees 5100 rockhill road, kansas city, mo 64110 ein: 44-0546001 for the year ending june 30, 2019 umkc trustees is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).”

“In december 2017, the trustees granted management the authority to transfer title of fifty four residential properties to the university no later than december 31, 2020. During the fiscal year ended june 30, 2019, thirty nine properties were transferred. As of the end of october 2019, all fifty-four properties have been transferred to the university.”

“Section 1.263(a)-3(h) safe harbor election for small taxpayers umkc trustees 5100 rockhill road,kansas city, mo 64110 ein: 44-0546001 for the year ending june 30, 2019 umkc trustees is making the safe harbor election under reg. Sec. 1.263(a)-3(h) for the following eligible building property(s). Description of eligible properties: 5441 harrison, kansas city, mo; 5409-5411 harrison, kansas city, mo; 5419 holmes, kansas city, mo; 5405-5407 harrison, kansas city, mo; 5431 harrison, kansas city, mo; 5425 harrison, kansas city, mo; 5429 harrison, kansas city, mo; 709 e 54th, kansas city, mo; 714 e 54 terr, kansas city, mo; 5414 charlotte, kansas city, mo; 5435 harrison, kansas city, mo; 727 e. 54th, kansas city, mo; 715 east 54th, kansas city, mo; 5314-5316 rockhill, kansas city, mo; 300-320 e 51st, kansas city, mo, and 5428 rockhill, kansas city, mo.”

“Umkc trustees (the trustees) promote excellence in the qualify of the higher educational programs maintained at the university of missouri, kansas city (umkc), over and above those standards that the curators of the university of missouri are otherwise able to maintain. Umkc provides accounting and other services to the trustees, the in-kind contribution and related cost are not recorded in the accompanying statement of activities because the cost cannot be determined.”