The Small Enterprise Education And

“The organization has a single class of members who vote during the annual governance meeting, which is held at the annual conference.”

“During the annual conference, members in good standing vote for new board members who have been nominated prior to or at the conference.”

“The selection of new officers, choice of adding each applicant for seep membership and types of new members (such as whether to allow for-profit entities as new members) are decisions that are subject to approval.”

“The form 990 was prepared by the outside accountants and reviewed by senior management. The 990 was reviewed by the executive director and was then forwarded to the the finance and audit committee for review prior to filing.”

“The conflict of interest policy is monitored and enforced annually by the executive director. He/she is charged with: updating the conflict of interest forms that each board member signs; and monitoring the grants, contracts, and agreements to ensure compliance with the policy. The executive director is made aware of any potential conflicts of interest. In addition, the organization consults with seep's legal counsel before entering into any agreement that may potentially violate seep's conflict of interest policy. If a conflict of interest arises, the interested person recuses himself/herself from the meeting as well as the decision making process.”

“The executive director's compensation is reviewed and ratified at the end of each calendar year by the board of directors. Any increase in salary or benefits must be approved by the board of directors. The director of finance's compensation is reviewed annually by the executive director and any increase in salary or benefits is based on an annual performance review and the availability of funds in the budget, which is approved by the board of directors. Comparable data is also used in the compensation review and the process is documented. The last salary review for top financial official was in january 2017 and top management official review was completed upon hire date in may 2019.”

“The organization's governing documents, financial statements and conflict of interest policy are currently kept at seep's headquarters office and are available for public inspection upon request during normal business hours.”

“Tech assistance consultants: program service expenses 98,257. Management and general expenses 0. Fundraising expenses 0. Total expenses 98,257. Research person: program service expenses 10,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,000. Cop senior advisor: program service expenses 35,794. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,794. Consultants: program service expenses 441,225. Management and general expenses 11,367. Fundraising expenses 0. Total expenses 452,592. Facilitator: program service expenses 15,898. Management and general expenses 1,477. Fundraising expenses 0. Total expenses 17,375. Employment agency fee: program service expenses 31,449. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,449.”