SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
LEAGUE FOR INNOVATION IN THE COMMUNITY
COLLEGE
Employer identification number

95-2577300
Return Reference Explanation
FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS THEN REVIEWED BY A CONTRACTED CPA AND THE CEO BEFORE IT IS DISTRIBUTED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ANNUALLY EACH DIRECTOR, OFFICER, KEY EMPLOYEE, EMPLOYEE AND CERTAIN AGENTS TO SUBMIT A "POLICY ON CONFLICTS OF INTEREST AND DISCLOSURES OF CERTAIN INTERESTS FORM". THE FORMS ARE REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO EITHER THE SPRING OR FALL BOARD MEETING AND REPORTED ON BY THE EXECUTIVE COMMITTEE TO THE BOARD.
FORM 990, PART VI, SECTION B, LINE 15 THE CEO HAS AN EMPLOYMENT AGREEMENT IN FORCE SINCE 03/01/2016 WHICH ENDS 03/31/2022. THE AGREEMENT MAY BE EXTENDED AT THE DISCRECTION OF THE BOARD. BASED UPON THE ANNUAL PERFORMANCE EVALUATION OF THE CEO, THE EXECUTIVE COMMITTEE OF THE BOARD MAY DETERMINE A SALARY INCREASE AND/OR DISCRETIONARY BONUS. THERE WERE NO SALARY INCREASES FOR OTHER OFFICERS AND STAFF IN 2020.
FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT ROUTINELY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, SUCH DOCUMENTS ARE AVAILABLE UPON REQUEST.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2020


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