Xbrl Us Inc

“The board of directors agreed to amend the bylaws to provide for: seats as directors for a third class called the consortium founding members, to be nominated by the founding members council and elected by founding members and consortium founding members, and; up to as many as 17 directors on the entire xbrl us board of directors.”

“The membership of the organization shall consist of two classes of membership: (1) those members who have satisfied certain criteria as determined by the board of directors from time to time, (2) those members who are not founding members.”

“Members shall meet once a year for the purpose of the election of board of directors and the transaction of such other business as may come before the meeting. Each member having voting power shall be entitled at every meeting of members to one vote in person or by proxy, but no proxy shall be voted on after three years from its date, unless the proxy provides for a longer period.”

“The members shall convene for regular meetings for the purpose of election of board of directors as well as the transaction of such other business as may come before the meeting.”

“After the draft federal form 990 is prepared by our outsourced accountants, it is forwarded to the president and ceo for review and approval. After the president and ceo's approval it is then finalized and filed with the internal revenue service. Management confirms the federal form 990's timely filing to the audit committee.”

“When the organization actively engages in any activity which could represent a conflict of interest with an individual in the governing body of the organization, that individual is excluded from participating in any voting or decision making related to that activity. Employees are restricted by the employment manual from participating in activities that pose a conflict of interest. Any third party agreements made by the organization are subject to review and approval of the president and ceo and executive leadership. In all cases, questions regarding potential conflict of interest issues are brought to the attention of legal counsel.”

“The compensation of the president and ceo is determined by the compensation committee of the board of directors, which meets each year in december to evaluate performance based on goals agreed to in the previous year. Comparability inputs including compensation survey benchmarks have been used to evaluate and calibrate annual base pay. An additional twenty percent (20%) of annual base pay of the officer is dependent on meeting expectations defined in the goals. The committee meets with the president and ceo, usually by conference call before meeting on camera, to determine base pay and, depending on individual and organizational performance goals, an amount to award in additional at-risk pay based on a 20% of base pay "meets expectation" target, including less or none for "did not meet expectations", or more for "exceeded expectations". A confidential memorandum documenting the actions of the committee, and agreed-upon goals for the following year, is drafted and filed by the committee. Key employee compensation is determined by the president and ceo, who meets with the employee in december to review individual and team performance with the employee based on agreed-upon goals. Base pay may be subject to comparability inputs such as compensation survey benchmarks periodically, and when scope of duties changes significantly. An additional twenty percent (20%) of annual base pay of the key employee is dependent on meeting expectations defined in goals agreed upon at the previous annual evaluation. The president and ceo meets with employees, to review performance and set goals, and notifies the employee following his or her determination on base and at-risk pay. While the compensation committee does not participate in determining key employee compensation, it is customary for the president and ceo to disclose to the committee a general report on overall team performance and his or her determinations regarding key employee pay.”

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

“The center for data quality program is a new program service that the organization undertook during the year ended december 31, 2015.”

“Consulting fees 194,775. Payroll processing 10,420.”