Community Rowing Inc.

“The business and property of the corporation shall be managed by a board of directors who may exercise all the powers of the corporation which are not expressly reserved to the members by law, the articles of organization or these by-laws. The board of directors shall elect a board of trustees of the corporation, to be comprised of such persons, for such terms and on such conditions, as the board of directors may from time to time determine. The board of trustees shall meet with the directors at least twice per year, at such times and places as the board of trustees and directors may mutually agree, for the purpose of allowing the board of trustees the opportunity to review, comment upon and advise the directors with respect to the then current and long range business plans of the corporation.”

“The organization has members.”

“A complete copy of the form 990 is distributed to the chair of finance committee and distributed at his direction to members of the governing body for review before filing.”

“On an annual basis, all members of the board of directors and its committees, officers, the executive director, members of senior management, and employees with purchasing and/or hiring responsibilities or authority shall complete a written disclosure form listing all reportable conflicts or confirming that there are no conflicts to report. The board shall review all forms completed by the trustees, officers, and committee members and the executive director shall review all forms completed by employees to determine appropriate resolution in accordance with the policy. If a conflict arises during the year, the trustee, officer, or committee member shall immediately notify the chair of the board, who will determine appropriate resolution; employees shall immediately notify the executive director, who will determine appropriate resolution. The board shall be responsible for making all decisions concerning resolutions of conflicts involving trustees, officers, committee members, and the executive director. The chair of the board shall be responsible for making all decisions concerning resolutions of conflicts involving members of the board of directors. The chair of the board of directors shall be responsible for making all decisions concerning resolutions of conflicts involving the chair of the board of directors. The executive director shall be responsible for making all decisions concerning resolutions of conflicts involving employees.”

“The salary of the executive director is determined by the board of directors in an executive session and documented in the meeting minutes. This salary is set within the range of equivalent positions at comparable organizations, subject to the constraints of the annual budget. A written performance review is prepared annually by the president and reviewed by the board of directors to determine salary increases and bonuses.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“The covid-19 pandemic is having significant effects on global markets, supply chains, businesses, and communities. Specific to the organization, operations were significantly curtailed due to the covid-19 crisis. During the year, certain rowing programs were suspended and for programs that were operating, participation was significantly reduced. Safety considerations and local government regulations also prevented the organization from offering programming in the boston public schools, and other off-site outreach programs. Additionally, the organization was not able to host various events (e.g., weddings, corporate or private events). The impact of program revenue loss due to covid-19 was mitigated by a reduction in the normal costs associated with operating these programs and events.”