Cat Adoption Team

“The organization amended its bylaws during the year. The following changes were adopted: 3.2 number: can change maximum number by amending bylaws. (new) 3.3 election and term: removed provision specifying executive committee member may stay on board while on committee. 3.6 vacancies: clarified filling vacancies and terms of directors who fill vacancy. 3.8 annual meetings: clarification of purpose for annual meetings. 3.11 notice of meetings: updated and clarified for electronic notification. (notice changed from 30 days written minimum to 2 days minimum electronic or oral, and added specific methods of notice.) 3.13 action without a meeting; clarification of effective date. 3.14 meeting by telephone or other means: changed title to account for other types of meetings (e.g. Zoom). 5.3 executive committee: added vp to committee. 5.4 other committees: changed to "advisory" from "other". Also added that the board can delegate decision-making to committees other than exec comm. 7. Indemnification: changes match oregon statute.”

“Cat's executive director, treasurer, and cpa initially review the 990 closely. Then the finance committee reviews the 990, provides any further feedback if changes are needed, and approves the 990 before it is submitted to the irs. Finally, the full board of directors receives an electronic copy of the document for review.”

“Each board member or key employee is required to disclose any and all potential conflicts of interest when new relationships are established and remove themselves from the decision making process. This is enforced by identifying who may have a conflict and asking the board of directors to review and enforce the conflict of interest policy as necessary.”

“To determine salary range for staff, three salary surveys were used as benchmarks: the association for animal welfare advancement, nonprofit association of oregon, and cascade employers association. For positions under-represented in those surveys, additional research was conducted on comparable positions posted at the time.”

“Organization makes its governing documents and financial statements available to the public upon written request.”

“Increase in value of charitable remainder annuity trust 151,914. Increase in value of beneficial interest in assets held by a unrelated foundation 414,634.”

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