LVA is a 501 c 3 tax exempt organization. Tax returns are filed with the IRS and State of MN. annually. All members of LVA receive a Treasurers financial report detailing financial activity and balances. All financial activity and records are available for review for members at any time.
Board meetings. Treasurers report is compared and verified to bank statement and check book register. All financial activity is maintained in well organized records and audited by the Board of Directors at each Board meeting and documented thoroughly.