Ohla Steam Group

“A draft of the Form 990 was prepared and signed by the President. Board members were notified prior to the preparation and filing of the Form 990; however, no formal meeting was held as this was the organization's initial filing and no financial activity was reported.”

“The organization's Form 1023 application, IRS determination letter, Form 990 filings, governing documents, conflict of interest policy, and financial statements are available for public inspection upon written request at the principal office of the organization.”

“No officers or directors received compensation during the tax year. The organization is governed by a volunteer Board of Directors. As of the close of the tax year ending December 31, 2024, the Board consisted of 8 directors. The Board is responsible for setting policy and providing oversight of the organization's activities and financial matters. In its initial year of operation, the organization adopted formal bylaws and a conflict of interest policy in compliance with IRS requirements and best practices for nonprofit governance. The organization has no family or business relationships among its directors or officers, and no directors received compensation during the tax year. The organization holds regular board meetings and maintains written meeting minutes. All key organizational decisions are reviewed and approved by the full Board.”

“The organization had no revenue and no unusual expenses or balance sheet items requiring further explanation.”