Proprietors of the Social Law Library

“Members of the bar and other interested persons may be admitted as proprietors by vote of the trustees upon payment of such fees and subject to such terms and conditions as the trustees may establish from time to time.”

“The annual meeting of the proprietors shall be held within six months after the end of the corporation's fiscal year. The purpose for which the annual meeting is held shall be for electing trustees and for such other purposes as shall be specified in the notice of the meeting. The president, treasurer, clerk, and executive director shall be elected annually by the trustees at their annual meeting to serve until their next annual meeting and until their respective successors are elected and qualified.”

“The financial manager reviews the form 990 for completeness and accuracy. The reviewed form 990 is then forwarded to the president and treasurer of the library for their review and signatures prior to its filing with the irs. A copy of the form 990 is also sent to each trustee via e-mail prior to its filings with the irs.”

“Each trustee shall be provided with and asked to review a copy of the conflict of interest policy and to acknowledge on the library's "conflict of disclosure form" that he or she has done so. Any changes to this policy must be approved by the board of trustees and communicated to non-trustee officers and employees. The organization discloses any related party transactions in the annual audited financial statements.”

“The compensation of the executive director is approved annually by the board of trustees (of which the executive director is not a member, and during the portion of a meeting of the board of trustees from which the executive director is excused). None of the members of the board of trustees economically benefits from the compensation agreement with or is a member of the family of the executive director. No trustee is in an employment relationship subject to the discretion of the executive director, nor does any trustee receive compensation or other payments subject to the executive director's approval. No trustee has a material financial interest affected by any transaction or arrangement with the executive director, and the executive director does not approve any transaction providing economic benefits to any trustee. In determining the salary and other compensation of the executive director, the board of trustees reviews data for persons holding positions with comparable responsibility at similar nonprofit institutions, and the minutes of the meeting and related documentation prepared contemporanoeusly reflect the board's deliberation and decision regarding the executive director's salary and other compensation.”

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

“There were no changes to the organization's oversight or selection processes during the year.”