Maine Quality Counts

“Lisa Letourneau and Karynlee Harrington have a business relationship.”

“Voting membership is open to any individual or organization within the State of Maine that supports the mission and purpose of Maine Quality Counts. Membership is granted after receipt of a completed membership application, payment in full of annual dues, and upon a majority vote of the Board.”

“At the annual meeting, the Members shall elect new directors to the board, receive reports on the activities of the corporation, and provide input on the direction of the corporation for the coming year.”

“Members vote on the following actions in addition to electing the Board of Directors: a. amendment of articles of incorporation; b. transfer of a material part of the assets of the corporation other than in the normal course of business; c. borrowing by the corporation in excess of $100,000; d. merger or consolidation of the entity with or into another entity, or conversion of the corporation into another form of entity; or e. dissolution of the corporation”

“The Finance Committee of Maine Quality Counts reviews the Form 990 in detail and makes a recommendation to the Board of Directors for approval. The Board then reviews the Form 990 for accuracy. The Form 990 is filed with the IRS after Board review and approval.”

“All officers and directors are required to disclose any actual or possible conflicts of interest. Each director, principal officer, and member of a committee with governing board delegated power annually signs a statement affirming s/he has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands Maine Quality Counts is a charitable organization that must engage primarily in activities which accomplish one or more of its tax-exempt purposes in order to maintain its federal tax exemption. To ensure Maine Quality Counts operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews of compensation arrangements, partnerships, joint ventures, and arrangements of management organizations are conducted to ensure all transactions are reasonable and there is no impermissible private benefit.”

“The Executive Director's compensation is derived by reviewing compensation of other individuals with similar positions within associations and nonprofit organizations of a similar size, scope, and purpose. In addition, compensation is compared against state averages of individuals with similar educational background and length of experience. The compensation of other organization officers is based on the market value for individuals with similar roles within like organizations.”

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

“Consultants and Contractors: Program service expenses 900,308. Management and general expenses 164,562. Fundraising expenses 0. Total expenses 1,064,870.”

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