Nysarc Inc - Montgomery County Chapter

“Nysarc, inc. Is a unitary corporation consisting of its 39 chapters. Nysarc, inc., montgomery 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 one primary and one alternate governor with a weighted average vote 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 organization's members elect the officers and directors of the chapter annually. In turn, those chapter board members nominate the officers and directors of the corporation. Montgomery county chapter nysarc, inc.'s election procedure is as follows:the officers shall be elected for a term of one year. Directors shall be elected for a term of two (2) years. The election of officers and directors shall take place at the annual meeting each year.”

“The board of governors does not review chapters' form 990s before they are filed. Each chapter submits a copy of its form 990 to the governing body when the form 990 is filed by the chapter. Each chapter must have a process for its board of directors to review the form 990. It is the policy of nysarc inc, montgomery county chapter to have a designated board committee or individual board member be assigned the responsibility to review, approve, and sign the federal form 990 before it is filed with the internal revenue service. The finance committee will review the form 990 before it is filed.”

“All nysarc chapters are subject to the provisions of the chapter manual that delineates the policies and procedures of the board of governors. This chapter's policy is as follows: administrators and program directors are required to submit a conflict of interest disclosure form to the corporate compliance office annually, at a minimum and throughout each year as new conflicts of interest arise. All staff are required to be trained in the areas of conflict of interest and must complete and submit a conflict of interest disclosure form to the corporate compliance officer when they recognize and identify that a conflict of interest exists for them. Staff will periodically be required to be removed from participation in discussions and decision making related to their personal conflicts of interest.”

“The board reviews comparability data and a review report by independent persons as well as a compensation survey prepared by independent persons.”

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

“The officers and board of governors of nysarc, inc. (other than those listed in part vii) may be reached at nysarc, inc. 29 british american blvd, latham, ny 12110. Full bog list is available on the arc ny website.”

“Net asset transfer from schenectady chapter 4,580,407.”