Dominican Village Inc

“The sole member of dominican village is the executive board/central council of the sisters of the order of st. Dominic, the organization's sponsor.”

“The member, executive board/central council of the sisters of the order of st. Dominic, is exclusively responsible to appoint the board of directors of the organization.”

“The member, executive board/central council of the sisters of the order of st. Dominic, shall be exclusively responsible: a. To amend the corporate charter and amend or adopt by-laws; b. To merge or dissolve the village; c. To appoint or remove, with or without cause, the directors of the village and to fill vacancies on the board; d. To approve the purchase, sale, lease, mortgage, or pledge of the village's real property; e. To appoint a certified public accountant to prepare certified audits of the village's financing at such intervals as the member deems appropriate and/or funding sources require; f. To approve the annual financial statement and program plan submitted by the board of directors of the village; g. To approve annual budgets and capital expenditures proposed by the board of directors; and h. To appoint the chief executive officer/president.”

“The 990 is reviewed by the cfo and president/ ceo. The finance committee of the board reviews the 990 and presents it to the executive committee and board of directors.”

“All directors, officers and key persons will, at least annually, file a written conflict of interest disclosure statement with the board secretary. The board secretary will provide copies of all completed statements to the chairman of the board. All completed conflict of interest disclosure statements and all other disclosures of disclosable conflicts of interest that raise an actual or potential conflict of interest, or that create the appearance of an actual or potential conflict of interest, will be forwarded by the chairman of the board to the committee for its consideration. The committee will make a final and binding determination as to whether a conflict of interest exists or may exist, and what course the organization will take in connection with the matter. The committee will contemporaneously document in writing in appropriate minutes of any meeting at which the matter is deliberated or voted upon all deliberations and determinations relating thereto, including, at a minimum, a summary of the matter, a summary of the deliberations, consideration of any alternatives, the vote and the basis for the determination, including, but not necessarily limited to, whether the matter is as fair and reasonable to the organization as would otherwise then be obtainable by the organization.”

“The board of directors reviewed independent data for compensation of the president/ceo and documented its conclusion. Other officer's compensation is determined by the ceo and approved by the board of directors.”

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