District Twelve Educators' Association

“The association is an education labor organization consisting of several certified licensed education professional members.”

“All members of the organization are eligible to vote for the president and the executive team.”

“The form 990 is reviewed by the president.”

“The executive team has a self reporting expectation and is required to bring any conflicts of interest to the attention of the rest of the executive team. In the case of any conflict of interest the member is required to recuse themselves from the related decision.”

“All documents required to be made available to the public are available upon request.”

“Salary and benefit reimbursement - adams twelve 113,645.”

“The amount reported on line 11g for other compensation for services is the amount paid by the organization to adams twelve five star schools for the services of the president and coordinator during the fiscal year. (see schedule j part iii).”

“The form 990 has been amended to correct transfers from an investment account to a new investment account that were originally reported as expenses on the company's books and a reduction of revenues. Revenues have been increased by $95,403 and other expenses have been reduced by $172,000 related to the investment account transfers. Additionally revenues have been adjusted downward by $16,501 related to a misposting of accounts payable. Additionally, the amended return reflects the investment income and expenses from the new investment account. This includes additional investment income of $1,783 and capital gains of $1,490, on part viii. Unrealized gains of $36,880, and investment expenses of $1,273 have been reported in part xi. On the balance sheet, the new investment account balance of $305,702 at the end of the year has been added to line 11, investments - publicly traded securities. The accounts payable balance has been increased by $16,501.”