Downtown Des Moines Self-Supported Municipal Improvement District

“The entity has no employees and instead carries out day-to-day executive leadership, program management, and financial and administrative functions via its contractual relationships with downtown dsm, inc. And the greater des moines partnership. The governing body of the organization however oversees all activities and ensures the organization's mission is carried out appropriately.”

“The form 990 information was compiled by the organizations chief administrative officer of downtown dsm, inc. And the greater des moines partnership, with support from its independent tax preparer. The review of the information ensured the accuracy of the data, along with compliance with irs requirements.”

“Each year, members of the board of directors review the conflict of interest policy. The policy requires that each individual acknowledges having received the policy, that theyve read and understood the policy, and agree to comply with the policy. Specifically, the board members are required to disclose any potential conflicts of interest related to transactions involving the organization, which the board member may have a direct or indirect interest. In the event a potential conflict of interest arises, meeting minutes shall document the disclosure and steps taken to resolve, in order to conform to the policy. This affirmation to comply with the policy in carrying out board duties is made on an annual basis. During the year, there were no conflicts of interest identified for board members. Consistent with prior years, the annual affirmation was again conducted as of the first of the year.”

“The organizations financial statements are available to the public upon request. In every situation where the statements were requested, the financial statements requested were provided. Similarly, when governing documents such as articles of incorporation are requested, those have been shared. There have been infrequent requests for these documents, but in every case, information is shared as requested.”

“The organization ensures support for and satisfaction with the self- taxation of businesses within the district, in accordance with the petition which established the ssmid, and oversees the use of those funds. Funds are used in a manner which provides cleaning, safety, and beautification services, in addition to other core activities.”

“Reflects support of downtown events including brenton skating plaza.”