Genesee County Chapter Nysarc Inc

“Nysarc, inc. Is a unitary corporation consisting of its 55 chapters. Nysarc, inc., genesee 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 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 as senior vice-president.”

“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 No action of the governors that affects the irrevocable rights of third parties may be rescinded.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 bylaw amendments are subject to approval by a majority of chapters.”

“The board of governors does not review the chapters' forms 990 before they are filed. Each chapter submits a copy of its form 990 to the governing body when it is filed. Each chapter must have a process for its board of directors to review the form 990. Nysarc, inc., genesee county chapter's form 990 is made available to all board of director members for review prior to filing.”

“Board members are required to sign a conflict of interest statement annually. Every year a memo is distributed to every staff and they are required to disclose conflicts.”

“The executive committee and an independent party developed the contract for the executive director. The meeting was documented contemporaneously. The contract is then approved by entire board.”

“All documents required to be made available to the public are available upon request at 64 walnut street, batavia, ny 14021.”

“The organization merged with the nysarc, inc., orleans county chapter (ein #23-7150957) effective 10/1/16 to form the genesee-orleans counties chapter, nysarc, inc. At this time, the organization ceased operations and began operating under the newly formed entity.”

“Transfer of net assets to related party -3,562,856. Transfer of net assets from related party 303,266.”

“Genesee arc's audited financial statements are reviewed by genesee arc's audit committee and board of directors. The process has not changed from the prior year.”