Nysarc Inc Putnam County Chapter

“Nysarc, inc. Is a unitary corporation consisting of its 53 chapters. Nysarc, inc. Putnam county chapter is one division of the corporation. The corporation and chapter's governing body is the board of governors representing the individual membership in each chapter's jurisdiction. Each chapter has from 1 to 6 governors based on membership. The corporation through its bylaws delegates day-to-day operating authority to the chapter's board of directors. The executive committee of the board of governors (see part vi, line 7a below) comprises the corporation's elected officers and exercises all powers of the board of governors between plenary meetings of the governors.”

“The delegate assembly, which represents nysarc's approximately 100,000 members, elects the corporation president, secretary, treasurer and assistant treasurer to 1-year terms. Delegates elect regional vice presidents to 1-year terms from their respective regions. The board of governors elects one vice president senior vice president. The nysarc, inc. Putnam county chapter election procedure is as follows: the chapter's board of directors cast votes to elect/re-elect its board members.”

“Chapter bylaw amendments are subject to board of governor approval. Any action of the board of governors may be reviewed at the succeeding delegate assembly. No action of the governors that affects the irrevocable rights of third parties may be rescinded. Corporate nysarc, inc. Bylaw amendments are subject to approval by a majority of vote of all 53 chapters of nysarc, inc.”

“The board of governors does not review chapters' form 990s before they are filed. Each chapter submits a copy of it form 990 to the governing body when the chapter it is filed. Each chapter must have a process for its board of directors to review the form 990. The putnam county chapter's process is as follows:the completed 990 is provided to each chapter board member for review and approval. Board members and the finance committee review the 990 and ask management and address any questions regarding the return before it is filed. Once the 990 is approved and filed, a copy of the form 990 is provided to the board of governors of nysarc, inc.”

“Officers and governors may be reached at nysarc, inc., 29 british american blvd., latham, ny 12110.”

“The chapter has written conflict of interest policy that requires its board members, officers, directors and managerial employees to anually disclose potential conflicts of interest for themselves and their family members on a questionnaire distributed by our chief compliance officer. The chief compliance officer ensures that all questionnaires are completed, reviews them for conflicts, and submits to the executive director and/or board for review any questionnaires that disclose actual or potential conflicts.”

“The compensation package for the chapter's executive director is determined and approved by the board of director's and is documented by board meetings minutes. There is also a written contract which is reviewed and approved. The salaries for officers of the organization are determined by the executive director of the organization in consultation with the director of human resources and held within market standards and the ability to pay. The process was last done in 2016”

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

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