Mcpherson Housing Coalition Inc

“The executive committee consists of the chair, vice president, secretary, treasurer, immediate past president, and the chairpersons of the standing committees as defined in the bylaws. During intervals between meetings of the board of directors, the executive committee has and may exercise all powers of the board of directors in the management of the business and affairs of the organization, except that it may not amend or repeal the articles of incorporation or bylaws or elect directors.”

“The form 990 is prepared by an independent accounting firm and presented to the organization's governing body before filing with the internal revenue service. The governing body reviews the return and all related schedules and presents any questions for discussion. After discussion, the return is approved for filing.”

“The organization's conflict of interest policy is written into its bylaws. Directors are required to disclose the material facts as to their relationship or interest in a contract or transaction presented to the board. The board of directors or appropriate committee examines the transaction or contract, and determines if a conflict of interest exists. Disinterested directors then vote in good faith whether to authorize the transaction. The transaction must be fair to the corporation and approved and ratified by the board of directors or appropriate committee.”

“Mcpherson housing coalition board of directors compares the executive director's salary to a city of mcpherson compensation study and to compensation for comparable positions on the open market. Compensation is approved by the board and documented in the minutes. This comparative, approval, and documentation process is followed for other officer positions as well.”

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