2021-11-09T13:50:09-06:00 2021-06-30 810348775 JCCS 3060 CABERNET LN SUITE 2 HELENA MT 59601 990 2020-07-01 810247703 MONTANA SCHOOL BOARDS ASSOCIATION MONT 4064422180 863 GREAT NORTHERN BLVD NO 301 HELENA MT 59601 LANCE MELTON EXECUTIVE DIRECTOR 4064422180 2021-11-08 1 LANCE MELTON 999009999 LAREN CARPARELLI P00226277 4064426901 2021-11-08 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LANCE MELTON 863 GREAT NORTHERN BLVD STE 301 HELENA MT 59601 5435143 0 X WWW.MTSBA.ORG X 1926 MT MTSBA'S MISSION IS TO DEVELOP THE FULL POTENTIAL OF EACH CHILD THROUGH SCHOOL BOARD LEADERSHIP. 20 20 26 0 0 0 1003419 1024694 3565991 3450670 4049 1745 417634 913279 4991093 5390388 0 0 0 0 1822430 1821648 0 0 0 2869224 2865158 4691654 4686806 299439 703582 7337353 8236454 2774062 2969581 4563291 5266873 X MTSBA'S MISSION IS TO DEVELOP THE FULL POTENTIAL OF EACH CHILD THROUGH SCHOOL BOARD LEADERSHIP. 0 0 857890 635242 LEGAL SERVICES AND LABOR RELATIONS.MTSBA HAS LONG BEEN AN ACKNOWLEDGED LEADER IN OFFERING LEGAL SERVICES TO MEMBER SCHOOL BOARDS IN MONTANA. WE OFFER BOTH DUES-BASED AND FEE-BASED LEGAL SERVICES IN STRICT COMPLIANCE WITH THE RULES OF ETHICS GUIDING THE PRACTICE OF LAW, INCLUDING BUT NOT LIMITED TO RULE 6.5 (NONPROFIT AND COURT-ANNEXED LIMITED LEGAL SERVICES PROGRAMS), RULE 7.3 (DIRECT CONTACT WITH PROSPECTIVE CLIENTS), AND RULE 5.4 (PROFESSIONAL INDEPENDENCE OF A LAWYER) OF THE MONTANA BAR ASSOCIATION RULES OF ETHICS. 187210 319608 PROFESSIONAL DEVELOPMENT.MTSBA HAS PROVIDED TRAINING OF ONE KIND OR ANOTHER VIRTUALLY SINCE ITS INCEPTION IN 1926. AS PART OF OUR BOARD DEVELOPMENT PROGRAM, WE OFFER BOTH DUES-BASED AND FEE-BASED SERVICES. 2194189 2356262 SELF FUNDED INSURANCE PROGRAMS FOR MEMBERS.SEE SCH O.MSGIA (WORKERS' COMPENSATION PROGRAM): THE MONTANA SCHOOL BOARDS ASSOCIATION ADMINISTERS (THROUGH A TPA AGREEMENT) A SELF-FUNDED WORKERS' COMPENSATION RISK AND RETENTION PROGRAM (WCRRP). WCCRP IS THE LARGEST SELF-FUNDED PROGRAM OF ITS KIND IN THE STATE PROVIDING WORKERS' COMPENSATION COVERAGE FOR OVER 25,000 PUBLIC SCHOOL EMPLOYEES. WCRRP PROVIDES COVERAGE THAT IS CONSISTENTLY MORE COMPETITIVELY PRICED THAN PRIVATE MARKET OPTIONS WHILE AT THE SAME TIME PROVIDING FOR A WIDE RANGE OF ADDITIONAL SERVICES TO MEMBER DISTRICTS AT NO ADDITIONAL COSTS. THE PROGRAM ALSO PROVIDES A RANGE OF E-LEARNING PROGRAMS TARGETED AT MEETING MANY OF THE REQUIRED ANNUAL TRAINING TOPICS FOR ITS MEMBERS AS WELL AS SEVERAL OPTIONAL TRAINING AREAS IN ALL ASPECTS OF SCHOOL DISTRICT RISK MANAGEMENT. LOWER COSTS FOR COVERAGE TRANSLATES INTO SAVINGS FOR MEMBER DISTRICTS WHILE EXTRA EMPHASIS ON RISK MANAGEMENT RESULTS IN FEWER SUCCESSFUL CLAIMS AGAINST THE DISTRICT.MSGIA (PROPERTY AND CASUALTY PROGRAM): MSGIA LAUNCHED THIS SELF-INSURED POOL ON JULY 1, 2008. MSGIA CONTRACTS WITH THE MTSBA TO PROVIDE GENERAL PROGRAM ADMINISTRATION AND RISK MANAGEMENT SERVICES. THE PROPERTY AND LIABILITY PROGRAM PROVIDES BROAD COVERAGES TO ITS MEMBERS AT VERY COMPETITIVE RATES WITH MEMBER SERVICES NOT TYPICALLY FOUND IN OTHER MARKET OPTIONS. THE PROGRAM WAS DESIGNED TO FOCUS ON PROVIDING RISK MANAGEMENT TOOLS AND TRAINING TO MEMBERS IN THE HIGHEST RISK AREA FOR MONTANA SCHOOLS IN SCHOOL LEADERS' LIABILITY. LOWER COSTS FOR COVERAGE TRANSLATES INTO SAVINGS FOR MEMBER DISTRICTS WHILE EXTRA EMPHASIS ON RISK MANAGEMENT RESULTS IN FEWER SUCCESSFUL CLAIMS AGAINST THE DISTRICT.MTSUIP: MTSUIP WAS CREATED IN 1994 TO MEET THE NEEDS OF MONTANA SCHOOL DISTRICTS IN THE AREA OF UNEMPLOYMENT INSURANCE. THE PROGRAM WAS ESTABLISHED TO ALLOW SCHOOLS TO POOL THEIR UNEMPLOYMENT INSURANCE PREMIUMS AND BECOME REIMBURSABLE EMPLOYERS UNDER THE UNEMPLOYMENT INSURANCE LAW IN AN ATTEMPT TO REDUCE THE UNEMPLOYMENT RATES PAID BY SCHOOLS. SCHOOL DISTRICTS PAY QUARTERLY PREMIUMS INTO THE FUND AND THESE FUNDS ARE USED TO PAY CLAIMS. MEMBERS RECEIVE LOSS CONTROL, CLAIMS HANDLING, LEGAL, ACTUARIAL AND OTHER SERVICES THAT THE POOL MAY PROVIDE IN-HOUSE OR MAY PURCHASE FROM CONTRACTORS. RATES ARE SIGNIFICANTLY LOWER THAN COVERAGE COSTS THROUGH THE STATE OF MONTANA. LOWER COSTS FOR COVERAGE TRANSLATES INTO SAVINGS FOR MEMBER DISTRICTS WHILE EXTRA EMPHASIS ON RISK MANAGEMENT RESULTS IN FEWER SUCCESSFUL CLAIMS AGAINST THE DISTRICT. 62769 76972 ADMINISTRATIVE SEARCH SERVICES ARE PROVIDED TO MEMBERS. SERVICES INCLUDE ADVERTISING OPEN POSITIONS, APPLICATION PROCESS ASSISTANCE, SCREENING, INTERVIEWING, BACKGROUND CHECKS, CONTRACT NEGOTIATION, LEGAL ASSISTANCE AND TRAINING IN THE HIRING PROCESS. 199694 103324 MEMBER OUTREACH.MTSBA PUBLISHES THE TRUSTEE, A QUARTERLY NEWSLETTER WHICH INFORMS MEMBERS OF LEGISLATIVE ISSUES, UPCOMING WORKSHOPS AND SEMINARS, EDUCATION TRENDS AND OTHER EDUCATION NEWS; A MONTHLY E-LERT INTENDED TO KEEP THE MEMBERSHIP ABREAST OF PENDING/CURRENT EDUCATION ISSUES; "COURTROOM TO BOARDROOM" - A MONTHLY ELECTRONIC PUBLICATION THAT PROVIDES THE MEMBERSHIP WITH THE LATEST ADMINISTRATIVE AND COURT DECISIONS THAT IMPACT PUBLIC EDUCATION; "POLICY NOTES" - A QUARTERLY PUBLICATION THAT INFORMS THE MEMBERSHIP OF UPDATES TO MTSBA'S MODEL POLICIES; "DAILY DISPATCH", A DAILY SUBSCRIPTION SERVICE INFORMING OUR MEMBERS OF THE DAILY NEWS REGARDING K-12 PUBLIC EDUCATION ISSUES. IN ADDITION, MTSBA REGULARLY PUBLISHES AND UPDATES INFORMATION ON ALL OF THE FOLLOWING WEBSITES: MTSBA.ORG, MT-PEC.ORG, MSGIA.ORG, MTSUIP.ORG AND MCEL.ORG. 141810 181976 POLICY SERVICES -MTSBA PROVIDES BOTH DUES-BASED AND FEE-BASED POLICY SERVICES. AS PART OF ITS DUES-BASED POLICY SERVICES, MTSBA MAKES AVAILABLE TO ITS MEMBERS MODEL POLICIES AND MODEL STUDENT AND STAFF HANDBOOKS AS WELL AS CONSULTATION ON POLICY ISSUES. AS PART OF ITS FEE-BASED SERVICES, MTSBA PROVIDES ANALYSIS AND CUSTOMIZATION OF AN INDIVIDUAL MEMBER'S POLICIES TO MEET THE NEEDS OF THE INDIVIDUAL MEMBER. OUR FEE BASED CUSTOMIZED POLICY PROGRAM ALSO INCLUDES A MAINTENANCE PROGRAM TO ENSURE THAT OUR MEMBERS' POLICIES REMAIN CURRENT AND ALIGNED WITH THE LAW AT ALL TIMES. 152404 59767 MTSBA, IN CONJUNCTION WITH OTHER STATE EDUCATIONAL ORGANIZATIONS (SCHOOL ADMINISTRATORS OF MONTANA, MONTANA RURAL EDUCATION ASSOCIATION AND MONTANA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS),PROVIDES EDUCATIONAL TRAINING AT THE MONTANA CONFERENCE OF EDUCATION LEADERSHIP (MCEL) EACH OCTOBER. MCEL IS THE LARGEST EDUCATIONAL CONVENTION HELD FOR SCHOOL MANAGEMENT AND GOVERNANCE TEAMS IN THE STATE OF MONTANA AND HAS BEEN OPERATING FOR OVER FORTY YEARS. 117065 0 ADVOCACY -MTSBA ADVOCATES FOR COMMUNITY OWNERSHIP AND LOCAL CONTROL OF PUBLIC SCHOOLS AS ENVISIONED IN ARTICLE X SECTION 8 OF THE MONTANA CONSTITUTION. OUR ULTIMATE GOAL IS TO ACHIEVE AND SUPPORT A SYSTEM OF PUBLIC SCHOOLS WHICH DEVELOP THE FULL POTENTIAL OF EACH CHILD IN EVERY PUBLIC SCHOOL. 268402 REIMBURSED PROGRAM EXPENSES -MTSBA IS REIMBURSED FOR VARIOUS EXPENSES WHICH ARE PROGRAM RELATED, BUT CONSIDERED "OTHER PROGRAM INCOME" THESE (NORMALLY) CONSIST LARGELY OF REIMBURSED TRAVEL EXPENSES AND OTHER MISCELLANEOUS REIMBURSED FEES. THIS INCOME IS RELATED TO ALL PROGRAMS DESCRIBED IN THIS RETURN, BUT HAS NOT BEEN IDENTIFIED BY SPECIFIC PROGRAM. IN FY21, MTSBA RECEIVED TOTAL PPP LOAN FORGIVENESS IN THE AMOUNT OF $535,400, OF WHICH $282,484 WAS ATTRIBUTABLE TO THE MTSUIP & MSGIA PROGRAMS AND $252,916 WAS ATTRIBUTABLE TO MTSBA. THE FUNDS WERE USED TO PAY SALARIES & RELATED PAYROLL EXPENSES, KEEPING OUR WORKFORCE EMPLOYED DURING THE COVID-19 CRISIS. THE $252,916 INCLUDED ABOVE WAS USED SPECIFICALLY TO PAY PROGRAM SALARIES FOR LEGAL AND LABOR SERVICES, WORKSHOPS, MCEL CONVENTION, ADMINISTRATIVE SEARCH SERVICES, POLICY SERVICES, MEMBER OUTREACH AND GOVERNMENTAL RELATIONS. THESE EXPENSES ARE INCORPORATED INTO THOSE SPECIFIC PROGRAM COSTS AND ARE NOT INCLUDED IN THIS CATEGORY "OTHER PROGRAM SERVICES" AS AN EXPENSE. 673742 690441 3913031 1 0 0 1 0 0 0 0 1 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 5 0 26 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JCCS 4064426901 3060 CABERNET DR SUITE 2 HELENA MT 59601 LANCE MELTON EXECUTIVE DIRECTOR/TREASUR 40.00 X 279007 0 84802 DEBRA SILK CHIEF LEGAL COUNSEL/ASSOC 40.00 X 209732 0 55740 ANNE WAKE DIRECTOR MISSOULA 5.00 X 0 0 0 PAUL FINNICUM REGION 3 DIRECTOR 5.00 X 0 0 0 BARB RILEY IMMEDIATE PAST PRESIDENT -DIRECTOR REG 1 5.00 X X 0 0 0 CURTIS SMEBY DIRECTOR REGION 2 HAVRE 5.00 X 0 0 0 TOM BILLTEEN VICE PRES -DIRECTOR BUTTE MUNICIPAL 5.00 X X 0 0 0 MARK FINNICUM DIRECTOR GREAT FALLS MUNICIPAL 5.00 X 0 0 0 DICK CAMERON DIRECTOR REGION 10 5.00 X 0 0 0 KELLY DEY DIRECTOR REGION 4 5.00 X 0 0 0 IRIS KILL EAGLE DIRECTOR -ISBC 5.00 X 0 0 0 GARY LUSIN DIRECTOR BOZEMAN MUNICIPAL 5.00 X 0 0 0 SUE CORRIGAN DIRECTOR KALISPELL MUNICIPAL 5.00 X 0 0 0 GRETA BESCH MOEN DIRECTOR BILLINGS MUNICIPAL 5.00 X 0 0 0 LUKE MUSZKIEWICZ PRESIDENT -HELENA MUNICPIAL 5.00 X X 0 0 0 VAL FOWLER DIRECTOR REGION 5 5.00 X 0 0 0 SCOTT WALTER PRES-ELECT, DIRECTOR REGION 11 5.00 X X 0 0 0 KRYSTAL ZENTNER DIRECTOR REGION 9 5.00 X 0 0 0 SHAUN SCOTT DIRECTOR REGION 8 5.00 X 0 0 0 CHARLEE THOMPSON DIRECTOR REGION 6 5.00 X 0 0 0 GAYLE VENTURELLI DIRECTOR REGION 7 5.00 X 0 0 0 ROBERT MCLEAN ISBC DIRECTOR 5.00 X 0 0 0 SHAWN BUBB DIRECTOR, INSURANCE SERVIC 40.00 X 204261 0 46426 KEVIN BARTSCH ASST. DIRECTOR -MSGIA 40.00 X 142042 0 40204 ANDREW SEVER DIR. LABOR RELATIONS 40.00 X 136931 0 39693 TONY KOENIG DIR. LEGAL /HR SERVICES 40.00 X 123041 0 38304 KRIS GOSS DIR. POLICY SERVICES 40.00 X 120044 0 38004 1215058 0 343173 10 0 1 0 0 1024694 1024694 MSGIA (WORK COMP) PROG 561000 1622507 1622507 LEGAL & LABOR SERVICES 541100 635242 635242 WORKSHOPS & MCEL CONVE 611600 379375 379375 MTSUIP (UNEMPLOYMENT) 561000 289198 289198 POLICY AND ADMIN SEARC 541900 258948 258948 265400 265400 3450670 362396 362396 46500 44755 1745 1745 1745 PPP FUNDS FORGIVEN 611600 535400 535400 REIMBURSED PROGRAM EXP 611600 15483 15483 550883 5390388 4001553 0 364141 488739 351968 136771 792000 702902 89098 182394 137172 45222 263354 216909 46445 95161 78379 16782 88633 88633 9704 1917 7787 106929 72278 34651 54070 54070 160992 77567 83425 29315 13356 15959 MSGIA PROGRAM 1622507 1622507 MTSUIP PROGRAM 289198 289198 PPP EXPENSES FORGIVEN - 282484 282484 NATIONAL SCHOOL BOARDS 79019 8445 70574 142307 57949 84358 4686806 3913031 773775 0 1370 1370 3635382 4034091 163689 664634 75011 50421 4274368 1211416 3150587 3062952 311314 422986 7337353 8236454 887398 1542699 732332 676569 307618 327327 535400 0 311314 422986 2774062 2969581 X 4563291 5266873 4563291 5266873 7337353 8236454 703582 0 X X 0 1 X 1 0 X 945734 960081 985740 1003419 1024694 4919668 2916488 3217598 3501278 3623850 4001553 17260767 3862222 4177679 4487018 4627269 5026247 22180435 0 0 0 22180435 367926 379103 366602 363824 364141 1841596 367926 379103 366602 363824 364141 1841596 4230148 4556782 4853620 4991093 5390388 24022031 0.92330 0.92020 0.07670 0.07980 X 35120 81945 117065 4569741 4686806 384340 96085 0 0 363959 376970 384583 384340 1509852 2264778 147509 134999 95784 117065 495357 90990 94243 96146 96085 377464 566196 44253 40500 28735 35120 148608 1 307618 52209 32500 327327 1 X 225283 225283 3367020 784820 2582200 682065 426596 255469 3062952 DEFERRED COMPENSATION ASSET 422986 422986 DEFERRED COMPENSATION PAYABLE 422986 422986 3478685 0 3478685 1911703 1911703 5390388 2775103 0 2775103 1911703 1911703 4686806 PART IV, LINE 1B: MTSBA IS CUSTODIAN (CASH) FOR THE INDIAN SCHOOL BOARD CAUCUS ($320,846) AND FOR AA CAUCUS ($6,481). THESE FUNDS ARE HELD FOR THESE TWO ORGANIZATIONS AND DISBURSED AS REQUIRED. PART IV, LINE 2B: MTSBA IS CUSTODIAN (CASH) FOR THE INDIAN SCHOOL BOARD CAUCUS ($320,846) AND FOR AA CAUCUS ($6,481). THESE FUNDS ARE HELD FOR THESE TWO ORGANIZATIONS AND DISBURSED AS REQUIRED. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING -2. MSGIA & MTSUIP THIRD PARTY ADMINISTRATION 1,911,705. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING -2. MSGIA & MTSUIP THIRD PARTY ADMINISTRATION 1,911,705. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 LANCE MELTON EXECUTIVE DIRECTOR/TREASUR 238960 0 19558 0 20489 0 55802 0 29000 0 363809 0 0 0 DEBRA SILK CHIEF LEGAL COUNSEL/ASSOC 177675 0 15108 0 16949 0 38740 0 17000 0 265472 0 0 0 SHAWN BUBB DIRECTOR, INSURANCE SERVIC 176938 0 14156 0 13167 0 20426 0 26000 0 250687 0 0 0 KEVIN BARTSCH ASST. DIRECTOR -MSGIA 107687 0 31473 0 2882 0 14204 0 26000 0 182246 0 0 0 ANDREW SEVER DIR. LABOR RELATIONS 121293 0 9852 0 5786 0 13693 0 26000 0 176624 0 0 0 TONY KOENIG DIR. LEGAL /HR SERVICES 112879 0 9516 0 646 0 12304 0 26000 0 161345 0 0 0 KRIS GOSS DIR. POLICY SERVICES 104030 0 9162 0 6852 0 12004 0 26000 0 158048 0 0 0 PART I, LINE 1A HEALTH CLUB DUES AND PERSONAL USE OF VEHICLE EXPENSES WERE PAID BY MTSBA AND TAXED TO EMPLOYEES AS A FRINGE BENEFIT. PART I, LINE 4B MTSBA EXECUTIVE DIRECTOR LANCE MELTON, DEBRA SILK, CHIEF LEGAL COUNSEL & MTSBA/MSGIA DIRECTOR OF INSURANCE SERVICES SHAWN BUBB PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. CURRENT CONTRIBUTIONS ARE REPORTED FOR ALL EMPLOYEES AFFECTED EACH YEAR. THERE WERE NO PAYOUTS IN THE CURRENT YEAR. FORM 990, PART VI, SECTION A, LINE 6 MTSBA'S MEMBERS CONSIST OF THE ELECTED SCHOOL BOARDS OF MOST MONTANA PUBLIC K-12 SCHOOL DISTRICTS. MTSBA MEMBERSHIP ENCOMPASSES ALL BUT 6 OF THE SMALLEST SCHOOL DISTRICTS IN THE STATE. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION IS GOVERNED BY A 20 MEMBER BOARD OF DIRECTORS, 11 OF WHOM ARE ELECTED FROM GEOGRAPHIC REGIONS THROUGHOUT THE STATE. PURSUANT TO THE BYLAWS, THE REGIONS ARE SUBJECT TO REVIEW EVERY FIVE YEARS BY THE MTSBA BOARD, WHICH IS AUTHORIZED TO MAKE ADJUSTMENTS AS NECESSARY TO PRESERVE EQUITY IN THE NUMBER OF SCHOOL TRUSTEES REPRESENTED BY EACH DIRECTOR. SEVEN DIRECTORS ARE APPOINTED BY THE SEVEN LARGEST MEMBERS OF MTSBA, BASED ON STUDENT ENROLLMENT, INCLUDING BILLINGS, BOZEMAN, BUTTE, GREAT FALLS, HELENA, KALISPELL, AND MISSOULA. TWO DIRECTORS ARE ELECTED BY THE MTSBA INDIAN SCHOOL BOARD CAUCUS (ISBC) IN ACCORDANCE WITH THE ASSOCIATION BYLAWS, WITH THE CHAIR AND VICE CHAIR OF ISBC DESIGNATED AS DIRECTORS OF MTSBA IN MTSBA'S BYLAWS.. FORM 990, PART VI, SECTION A, LINE 7B THERE ARE A VARIETY OF DECISIONS OF THE MTSBA BOARD THAT ARE SUBJECT TO APPROVAL BY THE MEMBERS. SPECIFIC EXAMPLES INCLUDE LEGISLATIVE AND OTHER RESOLUTIONS, DUES INCREASES AND BYLAWS CHANGES, ALL OF WHICH ARE ORDINARILY PROPOSED BY THE MTSBA BOARD BUT SUBJECT TO APPROVAL BY THE MTSBA MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B PROCESS OF REVIEW FOR 990 THE CPA RETAINED BY THE ASSOCIATION PRELIMINARILY PREPARES THE 990 AFTER THE INDEPENDENT AUDIT HAS BEEN COMPLETED. THE MTSBA EXECUTIVE DIRECTOR AND GENERAL COUNSEL REVIEW THE 990 IN DETAIL WITH THE CPA TO ENSURE ITS ACCURACY, BOTH IN TERMS OF NUMBERS AND NARRATIVE AND ANSWERS TO ALL QUESTIONS. UPON COMPLETION OF SUCH REVIEW, THE FINAL DRAFT IS PROVIDED TO THE MTSBA BOARD OF DIRECTORS FOR ITS INFORMATION AND IN ORDER TO ALLOW THE BOARD ANY INPUT IT MAY HAVE REGARDING THE COMPLETED 990 BEFORE FILING. MTSBA HAS NOT CHANGED (SINCE THE LAST FILING OF THE 990) THE OVERSIGHT PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS OR FOR THE SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990, PART VI, SECTION B, LINE 12C DESCRIPTION OF CONFLICT OF INTEREST PROCEDURE - THE MTSBA BOARD OF DIRECTORS SIGN OFF ANNUALLY ON A CONFLICT OF INTEREST POLICY ACKNOWLEDGING RECEIPT AND REQUIRING DISCLOSURE OF ANY CONFLICT. WHEN CONSIDERING FINANCIAL TRANSACTIONS WE ARE CAREFUL TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST AND RAISE SUCH ISSUES BEFORE THE MTSBA BOARD WHEN A POTENTIAL CONFLICT IS IDENTIFIED. WE ALSO SPECIFICALLY FOLLOW SECTION 35-2-418 (DIRECTOR CONFLICT OF INTEREST) OF THE MONTANA CODE ANNOTATED. FINALLY, WHEN A FINANCIAL TRANSACTION WITH A RELATED PARTY OCCURS, THE RELATED BOARD OR STAFF MEMBER IS REMOVED FROM DECISION MAKING AUTHORITY OVER THE INITIATION, CONTINUATION AND CESSATION OF SUCH SERVICES. FORM 990, PART VI, SECTION B, LINE 15 DETERMINATION OF COMPENSATION FOR THE EXECUTIVE DIRECTOR: THE MTSBA BOARD ANNUALLY DETERMINES THE REASONABLENESS AND COMPARABILITY OF THE EXECUTIVE DIRECTOR'S SALARY. SUCH COMPARISON IS ACCOMPLISHED THROUGH A REVIEW OF COMPENSATION OF ALL OTHER COMPARABLE STATE SCHOOL BOARD ASSOCIATIONS. THE BOARD'S REVIEW ALSO INCORPORATES AND INDEXES THE RELATIVE COST OF LIVING AND LONGEVITY OF IT'S EXECUTIVE DIRECTOR IN COMPARISON TO PEER ORGANIZATIONS. DETERMINATION OF COMPENSATION FOR MTSBA STAFF: SALARIES FOR MTSBA STAFF ARE ANNUALLY ASSESSED AND COMPARED TO SALARIES OF OTHER STAFF IN SIMILAR POSITIONS IN STATE SCHOOL BOARD ASSOCIATIONS OF SIMILAR SIZE. MTSBA ALSO ASSESSES THE REASONABLENESS OF SALARIES AND BENEFITS IN COMPARISON TO MONTANA PUBLIC AND PRIVATE NONPROFIT SECTORS. FORM 990, PART VI, SECTION C, LINE 18 MTSBA'S FORM 990 IS PUBLISHED ANNUALLY ON GUIDESTAR.COM. FORM 990, PART VI, SECTION C, LINE 19 HOW MTSBA MAKES GOVERNING DOCS AVAILABLE TO THE PUBLIC: MTSBA COMPLIES WITH ALL PUBLIC DISCLOSURE REQUIREMENTS FOR EXEMPT ORGANIZATIONS AS FULLY OUTLINED BY THE IRS IN ITS APPLICABLE REGULATIONS. MTSBA'S FORM 990 IS ALSO PUBLISHED ANNUALLY ON GUIDESTAR.COM. FORM 990, PART XII LINE 2C EXPLANATION THE PROCESS FOR AUDIT OVERSIGHT HAS NOT CHANGED FROM THE PRIOR YEAR. MONTANA SCHOOL LEGISLATIVE ACTION COMMITTEE 863 GREAT NORTHERN BLVD STE 301 HELENA MT 59601 810538088 INACTIVE -LOBBYING MT 501(C)4 MONTANA SCHOOL BOARDS ASSOCIATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MONTANA SCHOOL LEGISLATIVE ACTION COMMITTEE (INACTIVE -NO TRANSACTIONS)