Nextenergy Center

“The board approved a resolution to amend the bylaws of the organization to increase the number of directors with voting power and to create the position of chief operating officer. The governing documents were amended accordingly.”

“The form 990 is first reviewed by the ceo and vice president finance & administration. After satisfactory review by management, the form 990 is given to the board audit & finance committee to conduct a review. Upon satisfactory review by the finance committee, the final 990 is provided to each director.”

“A. Each director, officer, employee and volunteer is provided with and asked to review a copy of this policy and to acknowledge in writing that he or she has done so. B. Annually each director, officer, employee and volunteer completes a disclosure form identifying any relationships, positions or circumstances in which he or she is involved that he or she believes could contribute to a conflict of interest. Such relationships, positions or circumstances might include service as a director or of consultant to another nonprofit organization, or ownership of a business that might provide goods or services to community housing network, inc. Any such information regarding the business interests of a director, officer, employee or volunteer, or a family member thereof, shall be treated as confidential and shall generally be made available only to the chair, the president, and any committee appointed to address conflicts of interest, except to the extent additional disclosure is necessary in connection with the implementation of this policy. C. This policy is reviewed annually by each member of the board of directors. Any changes to the policy shall be communicated to all staff and volunteers.”

“An annual review of ceo compensation is performed by the nomination & compensation committee. They provide written recommendations for compensation based on annual salary surveys reviewed. An annual review of compensation of officers and key employees is performed by executive staff. They review industry specific salary surveys and provide written recommendations for compensation.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The organization has a committee that assumes responsibility for oversight of the audit and selection of an independent accountant.”