Minnesota A-A-E

“The organization entered into an event management contract with kern and kompany to facilitate the air and aviation exposition held in 2018 to further the exempt purpose of the organization.”

“The organization does not have committees with authority to act on behalf of the governing body.”

“The board receives a copy of the form 990 for review and approval before it is filed with the irs.”

“Each director, principal officer, and member of a committee with board delegated powers shall annually sign a statement which affirms that such person has received a copy of the confilicts of interest policy, has read and understands the policy, has agreed to comply with the policy. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, the interested person shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. If it is determined that a conflict of interest exists, the interested person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in a conflict of interest.”

“The organization makes its governing documents available upon request.”

“Other services: program service expenses 92,716. Management and general expenses 0. Fundraising expenses 0. Total expenses 92,716. Exposition management services : program service expenses 200,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 200,000.”