Heffter Research Institute Inc

“Carey Turnbull and Claudia Turnbull, who both served on the Institute's board of directors during the 2021 tax year, share a family relationship.”

“The Form 990 is prepared by an independent CPA firm and is then reviewed by the Finance Committee, which is composed of the Chairman of the board, president, and treasurer. Prior to filing the Form 990, all board members receive a copy of the return, with instructions drawing their attention to certain aspects of the Form. Board members are strongly encouraged to review the return, ask questions, and to provide feedback.”

“Each board member is required to sign a conflict of interest policy-statement each year, and to identify on this form any direct or indirect conflicts that may exist. If a board member has a direct or indirect conflict of interest, the member is required to recuse themselves from any deliberations and decision-making that is related to the conflict. All recusals are documented in the minutes.”

“The Institute's governing documents, conflict of interest policy, and financial statements are available to the public upon request (postage and printing charges will be applied). Individuals may request the documents by phone, mail, or email.”

“In the beginning of 2020, Heffter Research Institute's (EIN: 85-0414512, "HRI NM") board of directors determined that it would be in the organization's best interest to change its state of incorporation from New Mexico to Delaware. Accordingly, a successor organization, also named Heffter Research Institute (EIN: 85-1073501, "HRI DE"), was incorporated in Delaware in May, 2020, and HRI NM merged with and into HRI DE with HRI DE as the sole surviving entity. HRI DE has since carried out the same charitable purposes as HRI NM as an IRS-recognized 501(c)(3) public charity. HRI NM entered 2021 with a nominal amount of funds to cover its final administrative costs. By June, 2021, all of HRI NM remaining funds were transferred to HRI DE, formalizing its termination and wind-down.”

“Transfers of net assets to successor organization -34,378.”