South Dakota CPA Society

“The organization has two classes of members, voting and non-voting. Voting members are called "fellow members." nonvoting members include associate, student and honorary members.”

“The voting members can vote for the board of directors if additional names are submitted in addition to those submitted by the nominating committee.”

“The voting members vote on membership classes, dues increases greater than 15 or 10% of the highest dues category, and bylaw changes.”

“The form 990 is prepared by a licensed cpa. A copy of form 990 is provided to and reviewed by the current board of directors and executive director prior to filing with the irs.”

“Board members sign an agreement annually which affirms that they have received the conflict of interest policy, understand the policy, and agree to comply with it. All completed forms are reviewed by the board officers, as well as all other conflict information provided by the board members. The board reviews this policy annually to ensure legality of activities of the organization and to prevent or curtail harmful activities to the exempt purpose of the organization. Conflicts are determined by disinterested board members, and those with conflicts are recused from participating in debates and voting on the matter.”

“The executive committee annually reviews the executive director's compensation. When examining compensation, the committee relies on feedback from the entire board, comparability data of similar positions, and reviews the outcome of yearly priorities. The director's compensation is presented to the entire board and approved as part of the entire budget. In addition, an excel spreadsheet is given to the board president outlining the entire salary package and salary history.”

“This is the same person as noted in 15a.”

“The organization provides this information to its members upon request.”