2025-04-09T15:33:47-05:00 2024-12-31 450250958 EIDE BAILLY LLP 18081 BURT ST STE 200 OMAHA NE 680224722 990 2024-01-01 237281908 SHELBY COUNTY HISTORICAL SOCIETY SHEL 7127552839 1805 MORSE AVE HARLAN IA 515372042 TIM PALMER PRESIDENT 7127552839 2025-04-08 1 1 WENDY R COOLEY CPA P01523804 4023302660 2025-04-07 2024 2025-03-06 01:10:19Z TIM PALMER 1805 MORSE AVE HARLAN IA 515372042 95634 0 X WWW.SHELBYCOIAMUSEUM.ORG X 1975 IA OPERATION OF SHELBY COUNTY HISTORICAL MUSEUM. 9 9 3 20 0 0 105908 30782 555 30 55250 64398 645 424 162358 95634 0 0 0 0 68899 76610 0 0 12044 74130 183179 143029 259789 19329 -164155 1455427 1336024 5 5 1455422 1336019 OPERATION OF SHELBY COUNTY HISTORICAL MUSEUM. 0 0 219810 454 MAINTENANCE OF SHELBY COUNTY HISTORICAL MUSEUM STRUCTURE. 219810 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X MEGAN LONDO 7127552437 1805 MORSE AVE HARLAN IA 51537 TIM PALMER PRESIDENT 2.00 X X 0 0 0 MARY PETERSEN VICE PRESIDENT 2.00 X X 0 0 0 ELAINE BAUGHMAN SECRETARY 2.00 X X 0 0 0 DALLAS KLINDT TREASURER 2.00 X X 0 0 0 TED JOHNSON BOARD MEMBER 2.00 X 0 0 0 RICH OHLINGER BOARD MEMBER 2.00 X 0 0 0 CATHY SIDMAN BOARD MEMBER 2.00 X 0 0 0 REID MOSHER BOARD MEMBER 2.00 X 0 0 0 DAVID GAUL BOARD MEMBER 2.00 X 0 0 0 SARAH MCDONALD EXECUTIVE DIRECTOR 40.00 X 50893 0 5600 50893 0 5600 0 0 0 0 0 2085 28697 30782 PROGRAM REVENUE 900099 30 30 30 35625 35625 28773 0 28773 28773 28773 424 0 424 424 95634 454 0 64398 56493 33896 11299 11298 13703 13703 1665 1665 4749 3257 746 746 8843 8843 7047 7047 7060 7060 7373 7373 4734 4734 16231 16231 7721 7721 PROGRAM EXPENSES 124170 124170 259789 219810 27935 12044 14008 86577 1812 1354842 1334212 1455427 1336024 5 5 5 5 X 0 0 0 0 1455422 1336019 1455422 1336019 1455427 1336024 -164155 44752 0 X 0 0 0 X 38954 35516 53280 105908 30782 264440 38954 35516 53280 105908 30782 264440 83146 181294 33129 44050 44094 35625 156898 421338 1887 0.43030 0.44200 X X X X X 0 769742 750 73374 34638 6008 803220 707518 99564 31838 5502 769742 879623 -127044 39583 5478 707518 833788 89854 37520 6499 879623 776702 97805 34952 5767 833788 1.00000 0.00000 0.00000 1 0 0 PART III, LINE 4: THE MUSEUM'S COLLECTIONS ARE HELD FOR EDUCATIONAL, RESEARCH AND CURATORIAL PURPOSES. EACH ITEM IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE VALUE OF THE OBJECTS IN THE PERMANENT COLLECTION IS NOT SUBJECT TO REASONABLE ESTIMATION AND THEREFORE, IS EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION. ALL WORKS OF ART ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH, IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN, ARE PROTECTED, AND KEPT UNENCUMBERED AND PRESERVED. PART V, LINE 4: OPERATION OF SHELBY COUNTY HISTORICAL MUSEUM. FORM 990, PART VI, SECTION A, LINE 1A THE FOUR OFFICERS SERVE AS THE MEMBERS OF THE EXECUTIVE COMMITTEE. EXCEPT FOR THE POWER TO AMEND THE ARTICLES OF INCORPORATION AND BYLAWS, THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, AND IS SUBJECT TO THE DIRECTION AND CONTROL OF THE FULL BOARD. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS OPEN TO ANY INDIVIDUAL, FAMILY, OR BUSINESS INTERESTED IN THE WORK AND SUPPORT OF SHELBY COUNTY'S HISTORY. MEMBERSHIP IS VALID AFTER COMPLETION AND RECEIPT OF A MEMBERSHIP FORM AND DUES. LIFE MEMBERSHIP SHALL BE CONFERRED UPON ANY MEMBER WHO HAS PAID THE LIFE MEMBERSHIP FEE AS SET BY THE BOARD OF DIRECTORS. THE CORPORATION MAY CONFER HONORARY MEMBERSHIP AT ITS DISCRETION BY A VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS SHALL BE ELIGIBLE TO VOTE FOR VACANCIES ON THE BOARD OF DIRECTORS. ALL INDIVIDUAL MEMBERS HAVE ONE VOTE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD MEMBERS FOR REVIEW PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS TO REVIEW AND APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION BEGINS WITH A HIRING COMMITTEE THAT CONSISTS OF 4-5 BOARD MEMBERS. THEY DETERMINE THE RAISE PERCENTAGE BASED ON WHAT OTHER NONPROFIT ORGANIZATIONS IN OUR COUNTY ARE DOING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.