Museum of Alaska Transporation and Industry Inc

“Lonnie jackson sherry jackson vice pres. Exec. Dir. Husband and wife”

“The museum of ak transportation and industry, inc. Is an organization made up of a general membership. The general membership pays annual dues to the organization.”

“The general membership elects the board of directors at the annual meeting. With payment for a membership to the museum organization, the member receives free admission and a discount in the gift shop.”

“Members have the right to approve significant decisions of the board, for example: members approve the use of endowment funds for operating purposes.”

“The board of directors do not review the form 990 prior to filing. However, when the form 990 has been completed and filed the executive director notifies the board of directors that the tax return has been filed timely and that a copy is available for inspection upon request.”

“Compensation of the executive director is determined and approved by the board of directors. At the beginning of the period, the executive director submits a written contract along with goals and objectives. At the end of the period, the board evaluates and determines if the goals and objectives have been achieved and if satisfactory to the board compensation is approved. With respect to voting on the executive director's compensation, the vice president is excluded from voting due to a related party conflict of interest.”

“The organization makes available those records applicable for public inspection. The records are available upon request if an individual or member contacts the museum. A copy may be provided upon request. The organization holds an annual meeting for the general membership. At the annual meeting, financial reports are provided to the members for review and comment.”

“Change in value of investments -2,350”