Daniel Webster Council Inc Boy Scouts of America 330

“Authority delegated to committee explanation the executive board shall be the governing body of the corporation and shall manage its affairs. The executive board shall be the local reviewing authority with respect to matters within the scouting movement which arise in the territory of the corporation. There shall be an executive committee consisting of the persons and having the powers specified below. The executive committee shall be composed of those persons who are the officers of the corporation, incluing the scout executive (who shall have no vote), and may include others appointed by the president. The executive committee of the executive board shall have and may exercise all necessary powers of the executive board in the management of the corporation during the intervals between the meetings of the executive board, but in no event shall the executive committee act contrary to action theretofore taken by the executive board. Minutes shall be kept of all executive committee action and reported at the ensuing meeting of the executive board for its approval.”

“Classes of members or stockholders active members may elect the members of the governing body and approve significant decisions of the governing body.”

“Election of members and their rights active members may elect at large, regular members of the executive board, and officers of the corporation other than the scout executive.”

“Decisions subject to approval of members active members may vote at the annual meeting to receive and approve financial statements showing the financial position of the corporation as of the close of its most recent complete fiscal year and the results of operations during such year, and transact such other business as may come before the meeting. Active members may vote in other regular meeting and special meetings, including proposals to merge or consolidate.”

“Organization's policy to review form 990 a complete copy of the council's form 990 is provided to and reviewed by the council's audit committee. Once the audit committee has reviewed and accepted the form 990, a copy is provided by email to the executive board for review. It is then presented at a board meeting, by the audit committee chairman, for approval before submitting to the irs.”

“Enforcement of conflicts policy as required by article xi, sections 7-13 of the bylaws of the daniel webster council,every officer and member of the executive board is advised of the conflict of interest policy upon entering the duties of his/her office and agree to their understanding of and agree to abide by this policy. Also, every employee is given an employee handbook which contains the daniel webster council's conflict of interest policy-employees are required to sign a statement acknowledging receipt and understanding of the employee handbook and policies contained herein. Additionally, going forward, to disclose and remedy actual or perceived business, financial or personal conflicts of interest, every member of the board of directors as well as other officers and key employees will be required to complete a conflict of interest questionnaire by the annual business meeting.”

“Compensation process for top official each year the council president appoints an independent compensation and benefits committee whose responsibilities are to review the performance of the scout executive and to establish a compensation package for him/her subject to approval by the executive board. The compensation of the scout executive is reviewed and approved using data as to comparable compensation for similarly situated organizations. There is contemporaneous documentation and record keeping with respect to the deliberations and decisions regarding the compensation arrangement. Compensation process for officers each year the council president appoints an independent compensation and benefits committee whose responsibility is to establish a compensation package for key employees based on performance reviews conducted by the scout executive using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. There is contemporaneous documentation and record keeping with respect to the deliberations and decisions regarding the compensation arrangement.”

“Governing documents disclosure explanation the council's bylaws, conflict of interest policy and financial statements are available to the public upon request.”

“Increase in value of beneficial interest in trust 104,862. Increase in value of donated life insurance 9,775.”

“The audit committee assumes responsibility for oversight of the audit of the council's financial statements as well as the selection of an independent auditor.”