Ethics Resource Center Inc.

“During 2018, the organization made the following significant changes to the organizational documents: - the chair and vice chair of the ethics & compliance association will serve on the erc board and executive committee. - the chief executive officer is an ex-officio non-voting member of the erc board and the erc board committees. Unless the erc board or erc board committees note otherwise, the chief executive officer may attend meetings of the erc board and erc board committees in an ex officio non-voting capacity. - the eca board chair, eca vice-chair, and ecci board chair may vote on all matters before the executive committee. However, if the eca board chair, eca vice-chair, or ecci board chair vote on a matter before the executive committee, the effect of that vote would only be a recommendation by the executive committee to the erc board and not an official act of the executive committee. In order for the executive committee recommendation to be an official act it would need to be ratified by the full erc board. The eca board chair, eca vice-chair, or ecci board chair can choose to abstain from voting on matters before the executive committee, which would allow the remaining executive committee members to take official actions on behalf of the executive committee. The executive committee reviews and assesses the chief executive officer's performance and compensation. - the development committee and the external relations committee were dissolved.”

“A combined committee meeting (audit and finance) meets to review the draft annual audit and federal form 990 in person or by webcast/teleconference in advance of the filing date. This meeting is open to all interested board members both the auditor and tax accountants are present for discussions if the board of directors is satisfied, they accept the report and the federal form 990 is electronically filed with the internal revenue service.”

“As stated in erc's governing policies, directors and officers must openly disclose to a member of the governance committee a potential, real or perceived conflict of interest which pertains to an open matter or transaction before the board of directors. As soon as the issue arises and before the board of directors or its committees make any decisions which involve a potential conflict, the governance committee determines by majority vote if a conflict exists. The person potentially in conflict shall be absent from the discussion and vote. Board members sign a copy of the conflict of interest policy annually.”

“The chief executive officer's (ceo) salary is determined and voted on by erc's board of directors. The ceo provides the board of directors a written self-evaluation every year. The board of directors conducts an annual performance review and considers measures such as financial performance of the entity, economic challenges, strategic goals, etc. The board of directors is provided competitive salary information from up to three sources for comparative positions within similar organizations prior to making salary recommendations that exceed 2% of annual salary. The board of directors meets in executive session and votes on any salary or benefit changes.”

“The federal forms 990 and 1023, governing documents, conflict of interest policy and audited financial statements are made available to the public upon request.”

“Temporary help: program service expenses 29,953. Management and general expenses 1,154. Fundraising expenses 0. Total expenses 31,107. Contract services: program service expenses 635. Management and general expenses 81. Fundraising expenses 0. Total expenses 716. Survey support services: program service expenses 152,598. Management and general expenses 0. Fundraising expenses 0. Total expenses 152,598. Consultants: program service expenses 107,815. Management and general expenses 0. Fundraising expenses 0. Total expenses 107,815.”

“ROUNDING -4.”

“The process has not changed from the prior year.”