Sugar Association Inc

“The board of directors may in each year by resolution adopted by a majority of the directors in office designate and appoint from their number an executive committee to consist of not less than five nor more than twelve directors in addition to the president, who shall be an ex-officio member. All powers of the board of directors shall, when the board is not in session and unless otherwise provided by law or specifically provided by the bylaws or by resolution of the members of the board of directors, be vested in, and may be exercised by, the executive committee; provided, however, that the executive committee shall not have power to elect members to or expel members from the association; to fill vacancies in the board of directors; to adopt budgets; to fix the amount to be paid to the association by the members, or the time for the payment of such amounts; to amend these bylaws; to remove any member of the executive or any other committee; to amend the articles of incorporation; to restate the articles of incorporation; to adopt a plan of merger or plan of consolidation with another corporation; to authorize the sale, lease, exchange or mortgage of all or substantially all of the property and assets of the association; to authorize the voluntary dissolution of the association or to revoke proceedings therefore; to adopt a plan for the distribution of the assets of the association; or to amend, alter or repal any resolution of the board of directors which by its terms provides that it shall not be amended, altered, or repealed by the executive committee.”

“New conflict of interest policy.”

“Sustaining members shall be persons, firms, partnerships, associations or corporations engaged in the production, processing or refining of cane or beet sugar which market all, or a substantial part, of their production in the united states who are parties to agreements with the association providing for contributions to the support of all the association's activities.”

“The number of directors shall be established by the members and may be increased or decreased by the members at the annual meeting of the members; provided that, the members shall elect to the board of directors a director nominated by each sustaining member.”

“The form 990 is prepared by the organization's public accounting firm based on data provided by and input from the organization's management team. Once the draft of the return is available, the form 990 is reviewed by the president/ceo and executive vice president & secretary with changes being communicated and incorporated into the filing. The return is then signed by the president/ceo. The return is available to the governing body should they wish to review.”

“Conflict of interest policy is new so first compliance review has yet to take place. Recommended to ceo to address at fall board meeting.”

“The board of directors assumes responsibility for determining the salary of the ceo/president. During this process in executive session, the review of performance is completed. When adjusting compensation, comparability data is utilized and documentation of the process is retained. The same process is used for any other officers and key employees.”

“The organization makes its financial statements available to the public upon request. The organization does not have a conflict of interest policy and the governing documents are not made public.”

“Professional fees- experts 2,585,129. Professional fees- payroll services 2,774. Professional fees- technical writer 3,786. Professional fees- executive search firm 22,133.”