Greater Portland Inc

“The organization made changes to its bylaws, giving the executive committee the authority to act for the board of directors on all matters except those disallowed for all committees and as otherwise reserved by the board of directors. It ensures that there is at least one member of the executive committee representing the community of vancouver, wa. In addition, the updated bylaws specify that a director may, with 24 hour written notice, designate a proxy in an equivalent role to attend and vote on their behalf once per quarter.”

“Each member in membership classifications entitled to vote shall have one vote on each matter submitted to a vote by the members.”

“All founding sponsors who maintain their membership in good standing shall be entitled at all times to have and appoint one (1) representative to the board of directors. Up to one-half (1/2), but not more than four (4) platinum sponsors shall be entitled to have and appoint one (1) representative to the board of directors for a term expiring at the next annual meeting of the board of directors. Thereafter, at each subsequent annual meeting of the board of directors, platinum sponsors who have not had a representative on the board of directors during the prior term shall be entitled to have and appoint one (1) representative to the board of directors for a term expiring at the next annual meeting of the board of directors. Subject to minor adjustments by the board of directors in order to create two (2) classes of equal size, this rotation shall be based first upon dues paid by the platinum sponsor and then by seniority of membership in the corporation and shall continue so long as the platinum sponsor maintains its membership in good standing. Up to one-third (1/3) but not more than four (4) gold sponsors shall be entitled to have and appoint one (1) representative to the board of directors for a term expiring at the next annual meeting of the board of directors. Commencing at the second annual meeting of the board of directors, up to one-third (1/3) but not more than four (4) gold sponsors who have not had a representative on the board of directors during the prior term shall be entitled to have and appoint one (1) representative to the board of directors for a term expiring at the next annual meeting of the board of directors. Thereafter, at each subsequent annual meeting of the board of directors, gold sponsors who have not had a representative on the board of directors during the prior two terms shall be entitled to have and appoint one (1) representative to the board of directors for a term expiring at the next annual meeting of the board of directors. Subject to minor adjustments by the board of directors in order to create three (3) classes of equal size, this rotation shall be based first upon dues paid by the gold sponsor and then by seniority of membership in the corporation and shall continue so long as the gold sponsor maintains its membership in good standing.”

“The cfo reviews the return prior to filing.”

“Officers and directors are required to complete conflict of interest questionnaires each year. The questionnaires are reviewed and any potential conflicts involving direct or indirect interests are analyzed. Directors with a conflict of interest are prohibited from participating in all votes related to the associated transaction.”

“The executive committee reviews and approves the ceo's compensation, uses comparability data, and contemporaneously documents deliberations and decisions. This process was last undertaken in 2023. Form 990, part vi, section b, line 15b: the ceo reviews and approves compensation of other officers and contemporaneously documents deliberations and decisions. There are no key employees.”

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