Dsm Mutual Aid

“DID ANY OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE HAVE A FAMILY RELATIONSHIP OR A BUSINESS RELATIONSHIP WITH ANY OTHER OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE? Yes. A familial relationship exists between Director Ronald Free and Director Molly Free.”

“ARE ANY GOVERNANCE DECISIONS OF THE ORGANIZATION RESERVED TO (OR SUBJECT TO APPROVAL BY) MEMBERS, STOCKHOLDERS, OR PERSONS OTHER THAN THE GOVERNING BODY? DSM Mutual Aid was not incorporated as a formal membership organization and its bylaws only discuss Board Membership. Notwithstanding these provisions, while DSM Mutual Aid has a formal Board of Directors, the Board and its active constituents maintain no hierarchical level, per se, while conducting the operations of the organization. Thus, all decisions are made through consensus - or lack of objection - by all active constituents. Internally, DSM Mutual Aid refers to its active constituents as "members". However, these members do not have the right to elect or appoint one or more members of the Board, nor do they pay membership dues or receive any share of the organization's profits or excess dues or a share of the organization's net assets upon the organization's dissolution. DSM Mutual Aid has operated in this fashion since its inception.”

“DID THE ORGANIZATION CONTEMPORANEOUSLY DOCUMENT THE MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR BY EACH COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY? DSM Mutual Aid does not have, nor has it ever had, any active Board Committees, although they are permitted in the bylaws.”

“DESCRIBE THE PROCESS USED BY THE ORGANIZATION TO REVIEW THIS FORM 990. A copy of this Form 990, along with supporting documentation, was provided to DSM Mutual Aid's Board of Directors for review and approval prior to filing it with the Internal Revenue Service.”

“DESCRIBE WHETHER (AND IF SO, HOW) THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC DURING THE TAX YEAR. DSM Mutual Aid makes its governing documents and financial statements available to the public upon request. DSM Mutual Aid does not have a written Conflict of Interest Policy.”

“DID THE ORGANIZATION CEASE CONDUCTING, OR MAKE SIGNIFICANT CHANGES IN HOW IT CONDUCTS, ANY PROGRAM SERVES? Yes. The Rent Relief Fund (the Fund) was closed December 31, 2022, for the time being. Limited capacity of volunteer time to manage the Fund and diminished incoming contributions for mutual aid disbursements were the two main reasons for the closure. During 2022, only 17% of applications received were able to be funded, meaning nearly 140 folks did not receive much needed mutual aid.”

“ACCOUNTS RECEIVABLE, NET. The correct balance on Form 990, Part X, Line 4, Accounts Receivable, Net as of December 31, 2021 and 2020 is $16,600 and $204,800, respectively, due to the correction of accounting for Bail Bonds Paid and Appearance Bond Refunds, as previously explained.”

“NET ASSETS WITHOUT DONOR RESTRICTIONS. The correct balance on Form 990, Part X, Line 27, Net Assets without Donor Restrictions as of December 31, 2021 and 2020 is $274,683 and $301,549, respectively, due to the correction of accounting for Bail Bonds Paid and Appearance Bond Refunds, as previously explained. Please note that Lines 27 and 28 were inadvertently transposed on the 2021 and 2020 returns as well meaning Net Asset with Donor Restrictions were incorrectly shown as Net Assets without Donor Restrictions and vice versa.”

“NET ASSETS WITH DONOR RESTRICTIONS. The correct balance on Form 990, Part X, Line 28, Net Assets with Donor Restrictions as of December 31, 2021 and 2020 is $7,691 and $4,312, respectively. These amounts differ from the original return amounts of $7,588 (understated by $103) and ($4,337 overstated by $25), respectively, due to immaterial corrections to donor restrictions accounting. Please note that Lines 27 and 28 were transposed on the 2021 and 2020 returns as well meaning Net Asset with Donor Restrictions were incorrectly shown as Net Assets without Donor Restrictions and vice versa.”

“PRIOR PERIOD ADJUSTMENTS. DSM Mutual Aid previously reported Bail Bonds Paid on Part IX, Statement of Functional Expenses, Line 24a, Other Expense and Appearance Bond Refunds on Part VIII, Statement of Revenue, Line 11a, Miscellaneous Revenue. The correct accounting is to record Bail Bonds Paid on Part X, Balance Sheet, Line 4, as Accounts Receivable, which are offset by the receipt of Appearance Bond Refunds. The effect of these changes is a $16,600 net increase to 2022 Total Net Assets. The $16,600 represents - since the organization's inception - $285,407 of Bail Bonds Paid reclassified from Other Expense to Accounts Receivable offset by $267,507 of Appearance Bond Refunds reclassified from Miscellaneous Revenue to Accounts Receivable and $1,300 of Forfeited Bail Bonds Paid, which should have been reported as an Other Expense. Or, stated differently, the $16,600 represents Accounts Receivable as of December 31, 2021, as it should have been recorded on Statement X, Balance Sheet, Line 4, Accounts Receivable, net.”