Great Midwest Athletic Conference Inc.

“Line 6 explanation - the corporation was organized exclusively for educational purposes and to assist its member institutions build and maintain intercollegiate athletics programs. The members are colleges and universities with a common dedication to excellence in intercollegiate athletics.”

“Line 7a explanation - the voting members of the presidents council consist of the president or chancellor of each member institution.”

“Line 11b explanation - the commissioner develops the draft of the annual 990 with a paid preparer. Upon receipt of the final draft from the preparer, the commissioner submits the 990 to the full council of presidents for approval. Any necessary edits are updated and a final review and approval from the chair of the council of presidents is requested.”

“Conflict of interest policy - the following language outlines the expectations for monitoring and enforcement of the conflict of interest policy. A. Each director, officer, and member of a committee with board delegated powers shall execute and deliver to the chair an annual statement disclosing the facts relating to any actual or potential financial interest or stating that he or she has no reportable financial interest. The chair shall report the results of the annual disclosure statements to the board at its annual meeting. B. If any director or officer of the conference has a financial interest in any proposed contract or other transaction involving the conference, the director or officer must disclose the financial interest to the board or committee authorizing the contract or transaction. The board or committee shall determine whether the financial interest constitutes a conflict of interest. C. A director or officer who has a conflict of interest may answer questions of the board or committee considering the contract or transaction that involves the conflict. However, after answering questions, the director or officer shall leave the meeting during the discussion of the merits of the contract or transaction and shall not vote on the contract or other transaction. The interested director or officer shall be counted in determining the presence of a quorum.”

“The compensation package for the top management of the conference is reviewed annually by the council of presidents in june. The chair of the presidents council coordinates an evaluation process and in executive session, the council makes a determination on the annual compensation package and formally adopts the annual compensation package by majority vote.”

“Consistent with the requirements of section 6104(d) of the internal revenue code and regulations thereunder, copies of the irs form 990 and application for exemption shall be made available upon request, in a timely manner, and subject to the charges permitted by law to any individuals who request it. Other governing documents and financial statements are made available upon request to the individuals requesting them.”

“Ncaa membership initiatives: program service expenses 19,619. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,619. Ncaa diversity initiatives: program service expenses 19,595. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,595. Sports program: program service expenses 15,239. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,239. Ncaa academics and lifeskills: program service expenses 12,640. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,640. Awards: program service expenses 0. Management and general expenses 5,771. Fundraising expenses 0. Total expenses 5,771. Miscellaneous: program service expenses 0. Management and general expenses 4,573. Fundraising expenses 0. Total expenses 4,573. Dues: program service expenses 0. Management and general expenses 2,295. Fundraising expenses 0. Total expenses 2,295. Donation: program service expenses 0. Management and general expenses 1,900. Fundraising expenses 0. Total expenses 1,900. Bad debt: program service expenses 0. Management and general expenses 1,816. Fundraising expenses 0. Total expenses 1,816. Staff search: program service expenses 0. Management and general expenses 1,455. Fundraising expenses 0. Total expenses 1,455. National letter of intent: program service expenses 1,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,200.”

“The oversight process and the selection process has not changed since the prior year.”