2019-11-04T13:34:36-06:00 2018-12-31 752393478 WHITLEY PENN LLP 640 TAYLOR STREET SUITE 2200 FT WORTH TX 76102 990 2018-01-01 750608420 TEXAS & SOUTHWESTERN CATTLE RAISERS ASSOCIATION TEXA 8173327064 1301 W SEVENTH STREET FORT WORTH TX 76102 JASON SKAGGS EXECUTIVE VP/CEO 8173327064 2019-11-01 1 CHRISTY CATES P00440503 8172599100 71.131.70.48 2019-11-01 14:30:21 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5AB0508C917B9D793C9B3D17A0B80BA1E12A49C9 2018 2020-04-17 16:48:07Z JASON SKAGGS 1301 W SEVENTH STREET FORT WORTH TX 76102 10909213 0 X WWW.TSCRA.ORG X 1937 TX TO IMPROVE THE CATTLE RAISING INDUSTRY IN TEXAS AND THE SOUTHWEST THROUGH EDUCATION, MARKET INSPECTION, LAW ENFORCEMENT AND OTHER MEMBER SERVICES. 151 151 147 150 1572752 308492 0 0 9131419 9594148 187073 175681 1514496 612875 10832988 10382704 0 0 0 0 5773927 5232937 0 0 0 3773755 5790656 9547682 11023593 1285306 -640889 14349252 13946012 1388167 2940034 12961085 11005978 TO IMPROVE THE CATTLE RAISING INDUSTRY IN TEXAS AND THE SOUTHWEST THROUGH EDUCATION, MARKET INSPECTION, LAW ENFORCEMENT AND OTHER MEMBER SERVICES. 0 0 PUBLICATIONS - THE CATTLEMAN IS PUBLISHED MONTHLY TO PROVIDE INFORMATION TO IMPROVE MANAGEMENT AND PROFITABILITY OF CATTLE RAISERS. THE CATTLEMAN UPDATE IS A DAILY E-MAIL OF CURRENT EVENTS. OTHER MEMBER SERVICES INCLUDE DAILY MONITORING OF STATE AND FEDERAL LEGISLATION AND EDUCATIONAL OPPORTUNITIES SUCH AS THE SCHOOL FOR SUCCESSFUL RANCHING, THE TEXAS BEEF QUALITY PRODUCER PROGRAM AND RANCHING 101 EVENTS. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 1 0 1 46 0 1 147 1 1 1 0 0 0 0 0 0 0 0 0 X 151 151 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JASON SKAGGS 8173327064 1301 W SEVENTH STREET FORT WORTH TX 76102 ROBERT E MCKNIGHT JR PRESIDENT 10.00 X X 0 0 0 G HUGHES ABELL FIRST VICE PRESIDENT 10.00 X X 0 0 0 ARTHUR G UHL III SECOND VICE PRESIDENT/TREA 10.00 X X 0 0 0 DR RICHARD THORPE III PAST PRESIDENT 0.00 X 0 0 0 PETE BONDS PAST PRESIDENT 0.00 X 0 0 0 DONNELL BROWN DIRECTOR 0.00 X 0 0 0 WM CHISTOPHER BUSH DIRECTOR 0.00 X 0 0 0 CLAUDIA SCOTT WRIGHT DIRECTOR 0.00 X 0 0 0 ALLEN C JONES IV DIRECTOR 0.00 X 0 0 0 AUSTIN BROWN III DIRECTOR 0.00 X 0 0 0 AUSTIN E BROWN II DIRECTOR 0.00 X 0 0 0 DEBORAH CLARK DIRECTOR 0.00 X 0 0 0 KEVIN B BUSHER DIRECTOR 0.00 X 0 0 0 BENNIE BOCK II DIRECTOR 0.00 X 0 0 0 BETH KNOLLE NAISER DIRECTOR 0.00 X 0 0 0 BILL WHITE DIRECTOR 0.00 X 0 0 0 BOB DRAKE DIRECTOR 0.00 X 0 0 0 BOB MCCAN PAST PRESIDENT 0.00 X 0 0 0 WAYNE COCKERELL DIRECTOR 0.00 X 0 0 0 LYNN COWDEN DIRECTOR 0.00 X 0 0 0 ALAN F CURRY DIRECTOR 0.00 X 0 0 0 SETH DENBOW DIRECTOR 0.00 X 0 0 0 BENJAMIN ESHLEMAN III DIRECTOR 0.00 X 0 0 0 BRADFORD S BARNES DIRECTOR 0.00 X 0 0 0 BRIAN T MCLAUGHLIN DIRECTOR 0.00 X 0 0 0 C CONEY BURGESS PAST PRESIDENT 0.00 X 0 0 0 CA CHIP COLE III DIRECTOR 0.00 X 0 0 0 CR DICK SHERRON PAST PRESIDENT 0.00 X 0 0 0 JR RAMIREZ DIRECTOR 0.00 X 0 0 0 SUSAN ROACH DIRECTOR 0.00 X 0 0 0 CHARLES R ROBINSON DIRECTOR 0.00 X 0 0 0 CHARLEY CHRISTENSEN DIRECTOR 0.00 X 0 0 0 CHAUNCE THOMPSON PAST PRESIDENT 0.00 X 0 0 0 CHRIS SCHARBAUER DIRECTOR 0.00 X 0 0 0 JOHN ROCKY SULLIVAN DIRECTOR 0.00 X 0 0 0 KELLEY A SULLIVAN DIRECTOR 0.00 X 0 0 0 CHRISTOPHER CLARK WELDER DIRECTOR 0.00 X 0 0 0 TY KEELING DIRECTOR 0.00 X 0 0 0 CLAY KENLEY DIRECTOR 0.00 X 0 0 0 LESLIE KINSEL DIRECTOR 0.00 X 0 0 0 CLAYTON HENRY DIRECTOR 0.00 X 0 0 0 CLIVE RUNNELLS III DIRECTOR 0.00 X 0 0 0 COLEMAN H LOCKE DIRECTOR 0.00 X 0 0 0 CRAWFORD EDWARDS DIRECTOR 0.00 X 0 0 0 CURTIS A YOUNTS JR DIRECTOR 0.00 X 0 0 0 DALE A SMITH DIRECTOR 0.00 X 0 0 0 DAN NANCE DIRECTOR 0.00 X 0 0 0 DANNY STEWART DIRECTOR 0.00 X 0 0 0 DAVE SCOTT PAST PRESIDENT 0.00 X 0 0 0 DAVID DELANEY DIRECTOR 0.00 X 0 0 0 DAVID L NEAL DIRECTOR 0.00 X 0 0 0 FEDERICO NIETO DIRECTOR 0.00 X 0 0 0 DAVID S CROW DIRECTOR 0.00 X 0 0 0 CODY FRY DIRECTOR 0.00 X 0 0 0 DENNIS W WEBB DIRECTOR 0.00 X 0 0 0 DIAZ W MURRAY DIRECTOR 0.00 X 0 0 0 DR LEWIS BUD DINGES DIRECTOR 0.00 X 0 0 0 DA DAY HARRAL DIRECTOR 0.00 X 0 0 0 DUSTIN DEAN DIRECTOR 0.00 X 0 0 0 ESF BRAINARD II DIRECTOR 0.00 X 0 0 0 FORD DRUMMOND DIRECTOR 0.00 X 0 0 0 EUGENE BRAGG SMITH III DIRECTOR 0.00 X 0 0 0 CARL RAY POLK JR DIRECTOR 0.00 X 0 0 0 GARY PRICE DIRECTOR 0.00 X 0 0 0 FRANK PRICE DIRECTOR 0.00 X 0 0 0 FRATES SEELIGSON JR DIRECTOR 0.00 X 0 0 0 GARDNER H DUDLEY DIRECTOR 0.00 X 0 0 0 GENE S WALKER JR DIRECTOR 0.00 X 0 0 0 GERALD NOBLES JR DIRECTOR 0.00 X 0 0 0 GORDON SAUER DIRECTOR 0.00 X 0 0 0 GRANT JONES DIRECTOR 0.00 X 0 0 0 IAN CHAPMAN DIRECTOR 0.00 X 0 0 0 J DAVID EPPRIGHT DIRECTOR 0.00 X 0 0 0 J MALCOLM SHELTON IV DIRECTOR 0.00 X 0 0 0 J MARK MCLAUGHLIN PAST PRESIDENT 0.00 X 0 0 0 JB DANIEL DIRECTOR 0.00 X 0 0 0 JD CAGE DIRECTOR 0.00 X 0 0 0 JD SARTWELLE JR DIRECTOR 0.00 X 0 0 0 JK ROOTER BRITE JR DIRECTOR 0.00 X 0 0 0 JAMES A MCALLEN DIRECTOR 0.00 X 0 0 0 JAMES L DONNELL JR DIRECTOR 0.00 X 0 0 0 JAMES L POWELL PAST PRESIDENT 0.00 X 0 0 0 JAMES E JIM LINK DIRECTOR 0.00 X 0 0 0 JAMES T DANGELMAYR DIRECTOR 0.00 X 0 0 0 JASON PEELER DIRECTOR 0.00 X 0 0 0 JAY C EVANS DIRECTOR 0.00 X 0 0 0 JIM DUDLEY DIRECTOR 0.00 X 0 0 0 JIM L GATES DIRECTOR 0.00 X 0 0 0 JIM MCADAMS DIRECTOR 0.00 X 0 0 0 JIM THOMPSON DIRECTOR 0.00 X 0 0 0 JOE J PARKER PAST PRESIDENT 0.00 X 0 0 0 JOE LEATHERS DIRECTOR 0.00 X 0 0 0 JOE M JODY BELLAH DIRECTOR 0.00 X 0 0 0 JOHN E DUDLEY PAST PRESIDENT 0.00 X 0 0 0 JOHN E ZACEK DIRECTOR 0.00 X 0 0 0 JOHN L CANTRELL DIRECTOR 0.00 X 0 0 0 JOHN M JACK SHELTON PAST PRESIDENT 0.00 X 0 0 0 JOHN MEANS PAST PRESIDENT 0.00 X 0 0 0 JOHN SUMNER RUNNELLS III DIRECTOR 0.00 X 0 0 0 JOHN Z KIMBERLIN JR DIRECTOR 0.00 X 0 0 0 JOHNNY FERGUSON DIRECTOR 0.00 X 0 0 0 JOSEPH BC FITZSIMONS DIRECTOR 0.00 X 0 0 0 KEN LEIBER DIRECTOR 0.00 X 0 0 0 KEN WELCH DIRECTOR 0.00 X 0 0 0 LARRY HORWOOD DIRECTOR 0.00 X 0 0 0 LEONARD HERFF CORNELIUS JR DIRECTOR 0.00 X 0 0 0 LEROY EZER DIRECTOR 0.00 X 0 0 0 LORENZO LASATER DIRECTOR 0.00 X 0 0 0 MARK W JONES DIRECTOR 0.00 X 0 0 0 MARTIN W CLEMENT II DIRECTOR 0.00 X 0 0 0 MARTY HARRIS DIRECTOR 0.00 X 0 0 0 MIKE GIBSON DIRECTOR 0.00 X 0 0 0 MILTON SHERROD GREESON JR DIRECTOR 0.00 X 0 0 0 MISSY BONDS DIRECTOR 0.00 X 0 0 0 JAMES OLIVER DIRECTOR 0.00 X 0 0 0 THURMAN S CLEMENTS JR DIRECTOR 0.00 X 0 0 0 PETE HUDGINS DIRECTOR 0.00 X 0 0 0 PRESNALL C CAGE DIRECTOR 0.00 X 0 0 0 RAY W WILLOUGHBY III DIRECTOR 0.00 X 0 0 0 DAN GATTIS DIRECTOR 0.00 X 0 0 0 RICHARD M LUCAS JR DIRECTOR 0.00 X 0 0 0 GILLY RIOJAS DIRECTOR 0.00 X 0 0 0 BROOKES P HODGES DIRECTOR 0.00 X 0 0 0 RON HELM DIRECTOR 0.00 X 0 0 0 CLAUDE KOONTZ DIRECTOR 0.00 X 0 0 0 STEPHEN S SIKES DIRECTOR 0.00 X 0 0 0 STEPHEN T SWENSON DIRECTOR 0.00 X 0 0 0 STEPHEN DIEBEL DIRECTOR 0.00 X 0 0 0 STEVEN J MAFRIGE DIRECTOR 0.00 X 0 0 0 M STUART SASSER DIRECTOR 0.00 X 0 0 0 T MICHAEL O'CONNOR DIRECTOR 0.00 X 0 0 0 THOMAS J TOMMY HAEGELIN DIRECTOR 0.00 X 0 0 0 JASON HARLOW DIRECTOR 0.00 X 0 0 0 GEORGE HARRISON DIRECTOR 0.00 X 0 0 0 HEATH HEMPHILL DIRECTOR 0.00 X 0 0 0 TIM PENNELL DIRECTOR 0.00 X 0 0 0 TOM BEARD PAST PRESIDENT 0.00 X 0 0 0 TOM J HAYNIE DIRECTOR 0.00 X 0 0 0 TOM JOHNSON DIRECTOR 0.00 X 0 0 0 JAMES PALMER DIRECTOR 0.00 X 0 0 0 JESSICA TATE DIRECTOR 0.00 X 0 0 0 TOM WOODWARD DIRECTOR 0.00 X 0 0 0 TONY SPEARS DIRECTOR 0.00 X 0 0 0 VAN BAIZE DIRECTOR 0.00 X 0 0 0 W CLAY JONES DIRECTOR 0.00 X 0 0 0 WH BILLY GREEN III DIRECTOR 0.00 X 0 0 0 WESLEY WELCH DIRECTOR 0.00 X 0 0 0 ROBERT J UNDERBRINK DIRECTOR 0.00 X 0 0 0 WILLIAM H MCCALL DIRECTOR 0.00 X 0 0 0 WILLIAM L BUCK ARRINGTON DIRECTOR 0.00 X 0 0 0 BART WULFF DIRECTOR 0.00 X 0 0 0 ELDON WHITE EXEC VP/CEO 40.00 X 348996 0 192798 JASON SKAGGS EXEC VP/CEO 40.00 X 197880 0 22848 TIMOTHY NIEDECKEN FORMER EXEC DIRECTOR, MEMBERSHIP 40.00 X 176067 0 15585 722943 0 231231 3 1 1 0 BLACKRIDGE 401 RANCH ROAD 620 S AUSTIN TX 78734 CONSULTING 172500 CONGRESS HOLDINGS LTD 1005 CONGRESS AVENUE AUSTIN TX 78701 LANDLORD 102653 2 LIVESTOCK PROTECTION 110000 3121739 3121739 MEMBERSHIP 900099 2980371 2980371 CONVENTION/TRADE SHOW 900099 1393900 1393900 ADVERTISING 511120 1151219 1151219 INSURANCE ROYALTIES 524298 489613 55197 434416 457306 457306 9594148 84612 84612 334630 207878 126752 126752 -12883 139635 181370 110000 156841 43460 24529 66540 91069 91069 131563 65889 65674 65674 59220 52441 6779 6779 INTEREST IN SUBSIDIARY 900099 413670 413670 413670 10382704 8428962 1572752 380990 871396 3196155 145901 661711 357774 113085 46610 11341 190044 231017 481961 346708 311375 164217 436844 128057 UNRELATED BUSINESS INCO 67000 OTHER EXPENSES 1128545 COMMISSIONS 935632 MEALS 610501 587719 11023593 121113 763811 3843501 2832501 1017502 3303498 1408 10756 205173 202444 4597258 2049374 2314432 2547884 2464938 2466210 4248288 1818908 132897 14349252 13946012 338262 575139 407264 381002 642641 1983893 1388167 2940034 X 12940472 10342666 20613 663312 12961085 11005978 14349252 13946012 -640889 -62688 -1251530 0 X X 0 1 X 1 0 TEXAS & SOUTHWESTERN CATTLE RAISERS ASSOCIATION POLITICAL ACTION COMMITTEE 1301 W 7TH STREET FORT WORTH TX 76102 750608420 395519 0 1 0 453727 453727 1250000 737179 512821 1124108 477393 646715 1398646 834802 563844 370777 370777 2547884 1818908 C 1818908 FEDERAL INCOME TAXES PAYABLE 1140774 DEFERRED COMPENSATION 822732 PAYABLE TO INSURANCE SERVICES 20387 1983893 X PART X, LINE 2: TSCRA IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE "CODE") BECAUSE IT IS AN ORGANIZATION DESCRIBED IN CODE SECTION 501(C)(6). INCOME FROM CERTAIN OPERATIONS OF TSCRA, INCLUDING ADVERTISING IN THE CATTLEMAN MAGAZINE, THE GROUP INSURANCE PROGRAM, THE OPERATIONS OF ISI, AND CERTAIN MISCELLANEOUS REVENUE HAS BEEN DETERMINED TO BE TAXABLE FOR FEDERAL INCOME TAX PURPOSES. TAX POSITIONS ARE EVALUATED IN A TWO-STEP PROCESS. THE ASSOCIATION FIRST DETERMINES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION. IF A TAX POSITION MEETS THE MORE LIKELY THAN NOT THRESHOLD, IT IS THEN MEASURED TO DETERMINE THE AMOUNT OF EXPENSE TO RECORD IN THE FINANCIAL STATEMENTS. THE TAX POSITION IS MEASURED AS THE LARGEST AMOUNT OF EXPENSE THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT. THE ASSOCIATION CLASSIFIES ANY POTENTIAL ACCRUED INTEREST RECOGNIZED ON AN UNDERPAYMENT OF INCOME TAXES AND ANY STATUTORY PENALTIES RECOGNIZED ON A TAX POSITION TAKEN AS OTHER EXPENSE WITHIN GENERAL AND ADMINISTRATIVE EXPENSES. TSCRA FILES FORM 990 AND FORM 990-T IN THE FEDERAL JURISDICTION WITHIN THE UNITED STATES. ISI FILES FORM 1120 IN THE FEDERAL JURISDICTION WITHIN THE UNITED STATES. TSCRA AND ISI ALSO FILE VARIOUS STATE TAX RETURNS IN TEXAS AND OKLAHOMA. AT DECEMBER 31, 2018, TSCRA'S TAX RETURNS FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2016, WERE UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE (THE "IRS"). AS A RESULT OF THE IRS EXAMINATION, ADDITIONAL TAX EXPENSE, AS WELL AS INTEREST, HAVE BEEN ASSESSED. ASIDE FROM THE AFOREMENTIONED AND AS DISCUSSED IN NOTE J, MANAGEMENT OF THE ASSOCIATION HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD BE EXPECTED TO HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS AT DECEMBER 31, 2018. PART X, LINE 2: THE ASSOCIATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (A) OF THE INTERNAL REVENUE CODE(THE CODE) BECAUSE IT IS AN ORGANIZATION DESCRIBED IN CODE SECTION 501(C)(6). INCOME FROM CERTAIN OPERATIONS OF THE ASSOCIATION, INCLUDING MARKET INSPECTION FEES, ADVERTISING IN THE CATTLEMAN MAGAZINE, THE GROUP INSURANCE PROGRAM, THE OPERATIONS OF ISI, AND CERTAIN MISCELLANEOUS REVENUE, HAS BEEN DETERMINED TO BE TAXABLE FOR FEDERAL INCOME TAX PURPOSES. TAX POSITIONS ARE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE AUDITORS. AS OF DECEMBER 31, 2018, THE ASSOCIATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SILENT AUCTION 131563 131563 5471 19955 40463 131563 131563 5471 19955 40463 65889 65674 X X X X 0 1 0 ELDON WHITE EXEC VP/CEO 262945 0 38000 0 48051 0 180092 0 12707 0 541795 0 0 0 JASON SKAGGS EXEC VP/CEO 166236 0 25445 0 6199 0 0 0 22848 0 220728 0 0 0 TIMOTHY NIEDECKEN FORMER EXEC DIRECTOR, MEMBERSHIP 129218 0 18320 0 28529 0 0 0 15585 0 191652 0 0 0 SEE BELOW 0 SCHEDULE L PART IV BY LAW, EVERYONE (REGARDLESS OF WHETHER OR NOT THEY ARE A MEMBER OF THE TEXAS AND SOUTHWESTERN CATTLE RAISERS' ASSOCIATION [TSCRA]), WHO SELLS CATTLE AT A PUBLIC AUCTION IN TEXAS IS SUBJECT TO AN INSPECTION FEE, WHICH IS AUTHORIZED BY THE STATE OF TEXAS AND IS A SOURCE OF REVENUE TO THE ASSOCIATION. THE FEE IS ASSESSED PER HEAD OF CATTLE SOLD AND USED TO FUND THE INSPECTION SERVICE THAT IS PERFORMED BY THE TSCRA SPECIAL RANGERS AND MARKET INSPECTORS. MOST BOARD MEMBERS SELL CATTLE. THIS HAS NO EFFECT ON THE GOVERNANCE OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS COMPOSED OF THE THREE VOTING OFFICERS ON THE BOARD, ALL LIVING PAST-PRESIDENTS OF THE BOARD, AND 9 OTHER DIRECTORS ELECTED BY THE BOARD ITSELF. THE EXECUTIVE COMMITTEE HAS FULL POWER TO HANDLE THE AFFAIRS OF THE ASSOCIATION AT ANY TIME WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION. THIS INCLUDES THE SPECIFIC AUTHORITY TO DISCHARGE ANY EMPLOYEE WITH OR WITHOUT CAUSE, TO DISCHARGE ANY OFFICER FOR CAUSE, AND TO APPOINT ANY DIRECTOR OR PAST PRESIDENT TO COMPLETE THE REMAINDER OF THE TERM OF ANY OFFICER WHO FAILS TO COMPLETE THEIR TERM OF OFFICE FOR ANY REASON. THE EXECUTIVE COMMITTEE MAY MEET IN PERSON OR BY TELECONFERENCE. FORM 990, PART VI, SECTION A, LINE 2 DUE TO THE NATURE OF THE BUSINESS AND MEMBERSHIP OF THE ASSOCIATION, THERE ARE FAMILY AND INTER-GENERATIONAL RELATIONSHIPS BETWEEN SOME OF THE DIRECTORS. THIS HAS NO BEARING ON THE GOVERNANCE OF THE ORGANIZATION. THE ASSOCIATION MAINTAINS RECORDS OF ALL FAMILY AND BUSINESS RELATIONSHIPS ON FILE. FORM 990, PART VI, SECTION A, LINE 6 TEXAS & SOUTHWESTERN CATTLE RAISERS ASSOCIATION IS A MEMBERSHIP ORGANIZATION. MOST MEMBERS ARE TEXAS RESIDENTS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY VOTE OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS REVIEWED IN DETAIL AND APPROVED BY THE FINANCE AND AUDIT COMMITTEE, AND PRIOR TO IT BEING FILED A COPY IS AVAILABLE TO ALL MEMBERS OF THE EXECUTIVE COMMITTEE WHICH CONSTITUTES THE GOVERNING BODY AND HAS BEEN DELEGATED WITH THE PRIMARY POWER OF GOVERNANCE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND BOARD MEMBERS PROVIDE ANNUAL WRITTEN ACKNOWLEDGEMENT THAT THEY ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ANY DIRECTOR, OR MEMBER, WHO USES THEIR MEMBERSHIP OR ANY POSITION TO WHICH THEY ARE APPOINTED OR ELECTED TO THE BENEFIT OF THEMSELVES, HIS/HER COMPANY AND/OR BENEFACTORS, AND/OR TO THE DETRIMENT OF THE ASSOCIATION OR THE LIVESTOCK INDUSTRY SHALL BE SUBJECT TO SUSPENSION OR CANCELLATION OF MEMBERSHIP AS OUTLINED IN ARTICLE III SECTION 4 OF THE TSCRA BYLAWS, AS AMENDED, WHICH STATES: SECTION 4. ANY MEMBER WHO SHALL ENGAGE IN ACTIVITIES DETRIMENTAL TO THE ASSOCIATION OR THE LIVESTOCK INDUSTRY SHALL LOSE MEMBERSHIP AND BE EXPELLED FROM THE ASSOCIATION. THE BOARD OF DIRECTORS SHALL HAVE THE AUTHORITY TO APPROVE PROCEDURES TO SUSPEND OR CANCEL MEMBERSHIP DUE TO DETRIMENTAL BEHAVIOR OF A MEMBER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION COMMITTEE IS COMPOSED OF THE CURRENT THREE NONEMPLOYEE OFFICERS OF THE ASSOCIATION AND THE IMMEDIATE PAST PRESIDENT. THE COMMITTEE IS RESPONSIBLE FOR SETTING THE EXECUTIVE VICE PRESIDENT/CEO COMPENSATION. THEY BASE THEIR RECOMMENDATION ON THE INDIVIDUAL'S PERFORMANCE AND CURRENT COMPENSATION DATA. THEIR RECOMMENDATION IS THEN RATIFIED AT AN EXECUTIVE COMMITTEE MEETING, WHERE MINUTES OF THE DISCUSSION AND VOTE ARE KEPT. THE MOST RECENT CHANGE TO EVP/CEO COMPENSATION OCCURRED IN SEPTEMBER 2018. 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. PART XII, LINE 2C THERE IS A FINANCE AND AUDIT COMMITTEE THAT OVERSEES THE ANNUAL AUDIT PROCESS AND THE SELECTION OF AN OUTSIDE AUDITOR. THERE HAS BEEN NO CHANGE TO THAT PROCESS. TSCRA SPECIAL RANGER FOUNDATION 1301 WEST SEVENTH STREET SUITE 201 FORT WORTH TX 76102 832629901 COMMUNITY AID AND SUPPORT TX 501(C) LINE 7 0 TSCRA INSURANCE SERVICES 1301 WEST SEVENTH STREET FORT WORTH TX 76102 751869941 INSURANCE SALES TX TSCR ASSOCIATION C 631439 5849249 1.00000 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 1 0 0 TSCRA INSURANCE SERVICES A 467970 FMV TSCRA INSURANCE SERVICES F 529415 COST TSCRA INSURANCE SERVICES Q 157587 COST