Natural Resources Council Inc

“During 2024, NRCM engaged Carlos Zayas through ZYS and Co., an unrelated organization, to provide financial management services for the organization.”

“Any person interested in the purposes and objectives of NRCM is eligible to become a member upon payment of membership dues.”

“The nominating committee prepares a slate of candidates which is presented to the board of directors by the chair of the nominating committee, or by the chair's designee. This group of candidates is discussed and voted upon by the board of directors.”

“The Form 990 is prepared by a public accounting firm and then reviewed by internal management. The completed Form 990 is then sent to all board members for review and comments prior to the final copy being filed with the IRS.”

“Board members and staff are to disclose any conflict of interest that arises by virtue of their board service or employment. The organization will monitor the compliance with an annual disclosure statement that is distributed to these individuals. For any conflict of interest, the person involved in the conflict shall take action in consultation with chief executive officer or president of the board to avoid participation in the matter to effectively avoid the conflict. The president and/or chief executive officer will monitor ongoing transactions or other matters affecting the organization for the conflicts of interest and will disclose those conflicts immediately to the executive committee or board appropriate.”

“The organization undertakes a process of compiling a comparison of salaries and benefits to ensure that the compensation is reasonable, given the market in which the organization operates. These comparisons are used to gauge ranges and salaries for staff. The executive director's salary is reviewed and approved by the executive committee of the board of directors. All other staff salary adjustments are recommended by the management team approved by the finance committee as part of the budgeting process.”

“The audited financial statements, Form 990, annual report, and the gift acceptance policy is available on our web site, and upon request. The conflict of interest policy is reviewed and signed by the board members and staff annually.”

“Section 1.263(a)-3(n) Election: Natural Resources Council of Maine, Inc. 3 Wade Street Augusta, ME 04330 EIN 01-0270690 Natural Resources Council of Maine, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).”

“Change in value of gift annuities -7,737. Change in NPV of Pledges 117. Change in Net Assets -18,991.”