Perlite Institute Inc

“Calabrese management is hired to perform all administrative duties. The contract for management is reviewed when the contract is up for renewal.”

“There are three membership categories: regular members are any entity engaged in the sale of perlite ore, expanded perlite, or engaged in the manuafacter and sale of perlite expanding equipment. Associate members is any entity engaged in the manufacture or supply of products using perlite. Educator members are individuals who are studying or employed at an accredited institution. Only regular members have the right to vote.”

“Membership votes on the election of board members at the annual meeting.”

“By law changes and the board slate are voted on by members, all other decisions are by the board.”

“The executive director, as a non-voting officer of the board, can sign the tax return on behalf of the organization per the bylaws.”

“A conflict of interest policy is approved in the policy manual. Conflict of interest and disclosure statement are signed by each board member and kept on file annually.”

“The board of directors performs a review of management when the contract is renewed. Compensation is set during contract negotiation.”

“The tax form 990 is available to the public. Governing documents, conflict of interest policies and financial statements are available upon request to the general public.”

“Member paid dues twice in 2022. After 2022 return was filed, error was discovered and dues moved to 2023 income but taxpreparer was not made aware. Amended return adjusts fund balance by ($6633) as a prior period adjustment to account for same dues recorded in 2022 and 2023. Unearned membership was adjusted to actual 2024 dues paid in 2023.”

“Unrealized gain on market value of investments.”

“Bonefrog creative inc / website updates $3949dovi solutions / website updates $476keith bell / graphic design $1375nonprofit wordsmiths / newsletter $885panagniotis angelopolos / technical consultant $37800chuck vogelsang / technical spokesperson $13000”

“The organization has entered into a contract with a management company. Calabrese management, inc., ein: 25-1874170, handles all management, financial, program and administrative duties for the organization. The company averaged 22 hours per week working for perlite institute in 2023.”